Vault-13

VERONA PHARMA PLC VRNA

SPONSORED ADS · ADR · CUSIP 925050106

106 institutional holders +10 vs Q1 2023
62,727,30362.7m shares reported held*
$1.3bnreported value*
20 new 29 added 33 reduced 11 sold out net sold ≈ $45.3m (-2.1m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($3.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $21.20. Options: 7 managers hold calls ($3.3m notional), 7 hold puts ($9.4m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 69Q4 22: 89Q1 23: 96Q2 23: 106106Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202269
Q4 202289
Q1 202396
Q2 2023106

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q4 22: 54 bought or addedQ4 22: 35 cut or sold outQ4 22Q1 23: 61 bought or addedQ1 23: 34 cut or sold outQ1 23Q2 23: 49 bought or addedQ2 23: 44 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20225435
Q1 20236134
Q2 20234944

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$10m$20m$30mQ3 22 calls: $5.6mQ3 22 puts: $1.9mQ3 22P/C 0.34Q4 22 calls: $29.8mQ4 22 puts: $6.3mQ4 22P/C 0.21Q1 23 calls: $3.5mQ1 23 puts: $2.1mQ1 23P/C 0.61Q2 23 calls: $3.3mQ2 23 puts: $9.4mQ2 23P/C 2.84
Numbers
QuarterCallsPutsP/C
Q3 2022$5.6m$1.9m0.34
Q4 2022$29.8m$6.3m0.21
Q1 2023$3.5m$2.1m0.61
Q2 2023$3.3m$9.4m2.84

Biggest buyers

PERCEPTIVE ADVISORS LLC Added +1,663,326+1.7m
FEDERATED HERMES, INC. Added +1,268,648+1.3m
WELLINGTON MANAGEMENT GROUP LLP Added +1,011,830+1.0m
JENNISON ASSOCIATES LLC Added +359,665+359.7k
Bellevue Group AG Added +309,632+309.6k
AXA S.A. New +254,759+254.8k
Nicholas Investment Partners, LP Added +222,055+222.1k
JANUS HENDERSON GROUP PLC Added +201,527+201.5k
KENNEDY CAPITAL MANAGEMENT LLC New +117,072+117.1k
Ghost Tree Capital, LLC New +110,000+110.0k

Biggest sellers

Fairmount Funds Management LLC Reduced -2,745,490-2.7m
FMR LLC Reduced -2,024,588-2.0m
Woodline Partners LP Reduced -1,244,264-1.2m
ORBIMED ADVISORS LLC Reduced -482,913-482.9k
NEA Management Company, LLC Reduced -476,190-476.2k
SAMSARA BIOCAPITAL, LLC Reduced -347,501-347.5k
JPMORGAN CHASE & CO Reduced -214,417-214.4k
Schonfeld Strategic Advisors LLC Reduced -142,783-142.8k
MORGAN STANLEY Reduced -124,968-125.0k
Resolute Capital Asset Partners LLC Sold out -115,000-115.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.1m53.4k shares
J. Goldman & Co LP New $856.2k40.5k shares
PERCEPTIVE ADVISORS LLC New $675.0k500.0k shares
CITADEL ADVISORS LLC Added $405.9k19.2k shares
GROUP ONE TRADING LLC Reduced $179.7k8.5k shares
SIMPLEX TRADING, LLC Reduced $71.0k3.4k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

JPMORGAN CHASE & CO New $4.2m198.0k shares
JANE STREET GROUP, LLC New $3.2m153.0k shares
CITADEL ADVISORS LLC Added $955.5k45.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $697.6k33.0k shares
GROUP ONE TRADING LLC Added $291.7k13.8k shares
SIMPLEX TRADING, LLC Reduced $57.0k2.7k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

No one currently above 5% in the filings since 19 Dec 2024.

Fell to 5% or below in the last year: PERCEPTIVE ADVISORS LLC (0.0%, 2025-11-14), JANUS HENDERSON GROUP PLC (1.2%, 2025-11-14), Pentwater Capital Management LP (0.0%, 2025-11-14)

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FMR LLC 0.01% of their portfolio BOSTON, MA 7,109,7707.1m $150.3m $150.3m 0.01% Reduced -2.0m -2,024,588
2 RA CAPITAL MANAGEMENT, L.P. 2.52% of their portfolio BOSTON, MA 6,317,9906.3m $133.6m $133.6m 2.52% Unchanged
3 NEA Management Company, LLC 9.01% of their portfolio TIMONIUM, MD 5,108,5635.1m $118.1m $118.1m 9.01% Reduced -476.2k -476,190
4 PERCEPTIVE ADVISORS LLC 2.70% of their portfolio NEW YORK, NY 4,397,1164.4m $93.0m $93.0m 2.70% Added +1.7m +1,663,326
5 WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio Boston, MA 4,303,3034.3m $91.0m $91.0m 0.02% Added +1.0m +1,011,830
6 Vivo Capital, LLC 6.20% of their portfolio Palo Alto, CA 4,249,9184.2m $89.8m $89.8m 6.20% Unchanged
7 ORBIMED ADVISORS LLC 1.46% of their portfolio New York, NY 3,777,7783.8m $79.9m $79.9m 1.46% Reduced -482.9k -482,913
8 Deep Track Capital, LP 3.15% of their portfolio GREENWICH, CT 3,187,4153.2m $67.4m $67.4m 3.15% Unchanged
9 Frazier Life Sciences Management, L.P. 3.72% of their portfolio PALO ALTO, CA 2,944,3492.9m $62.2m $62.2m 3.72% Unchanged
10 Octagon Capital Advisors LP 7.28% of their portfolio NEW YORK, NY 2,468,0002.5m $52.2m $52.2m 7.28% Unchanged
11 Carlyle Group Inc. 1.85% of their portfolio WASHINGTON, DC 2,457,5002.5m $51.9m $51.9m 1.85% Unchanged
12 FEDERATED HERMES, INC. 0.09% of their portfolio PITTSBURGH, PA 1,670,6981.7m $35.3m $35.3m 0.09% Added +1.3m +1,268,648
13 JENNISON ASSOCIATES LLC 0.02% of their portfolio NEW YORK, NY 1,388,6631.4m $29.4m $29.4m 0.02% Added +359.7k +359,665
14 Nicholas Investment Partners, LP 1.68% of their portfolio RANCHO SANTA FE, CA 1,163,3551.2m $24.6m $24.6m 1.68% Added +222.1k +222,055
15 Aisling Capital Management LP 11.55% of their portfolio NEW YORK, NY 1,115,3521.1m $23.6m $23.6m 11.55% Unchanged
16 Avidity Partners Management LP 0.70% of their portfolio DALLAS, TX 954,500954.5k $20.2m $20.2m 0.70% Added +75.7k +75,700
17 Paradigm Biocapital Advisors LP 1.53% of their portfolio NEW YORK, NY 893,861893.9k $18.9m $18.9m 1.53% Reduced -68.5k -68,500
18 Bellevue Group AG 0.17% of their portfolio ZURICH, V8 572,315572.3k $12.1m $12.1m 0.17% Added +309.6k +309,632
19 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 533,484533.5k $11.3m $11.3m 0.01% Reduced -17.3k -17,278
20 Woodline Partners LP 0.13% of their portfolio San Francisco, CA 500,000500.0k $10.6m $10.6m 0.13% Reduced -1.2m -1,244,264
21 Ally Bridge Group (NY) LLC 12.49% of their portfolio NEW YORK, NY 487,631487.6k $10.3m $10.3m 12.49% Unchanged
22 Affinity Asset Advisors, LLC 3.72% of their portfolio NEW YORK, NY 447,667447.7k $9.5m $9.5m 3.72% Reduced -5.2k -5,154
23 JANUS HENDERSON GROUP PLC 0.01% of their portfolio LONDON, X0 424,556424.6k $9.0m $9.0m 0.01% Added +201.5k +201,527
24 Parkman Healthcare Partners LLC 1.47% of their portfolio STAMFORD, CT 400,987401.0k $8.5m $8.5m 1.47% Reduced -87.0k -87,008
25 Fairmount Funds Management LLC 1.14% of their portfolio WEST CONSHOHOCKEN, PA 381,939381.9k $8.1m $8.1m 1.14% Reduced -2.7m -2,745,490
26 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 370,675370.7k $7.8m $7.8m 0.02% Reduced -34.3k -34,306
27 BlackRock Inc. 0.00% of their portfolio New York, NY 368,560368.6k $7.8m $7.8m 0.00% Added +21.3k +21,334
28 SAMSARA BIOCAPITAL, LLC 1.29% of their portfolio PALO ALTO, CA 347,500347.5k $7.3m $7.3m 1.29% Reduced -347.5k -347,501
29 Moody Aldrich Partners LLC 1.40% of their portfolio MARBLEHEAD, MA 341,701341.7k $7.2m $7.2m 1.40% Reduced -10.0k -9,969
30 Ikarian Capital, LLC 0.07% of their portfolio DALLAS, TX 313,677313.7k $219.2k $219.2k 0.07% Added +85.0k +85,000
31 TWO SIGMA ADVISERS, LP 0.02% of their portfolio NEW YORK, NY 288,283288.3k $6.1m $6.1m 0.02% Added +25.5k +25,483
32 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 285,866285.9k $6.0m $6.0m 0.01% Added +17.6k +17,618
33 AXA S.A. 0.02% of their portfolio PARIS, I0 254,759254.8k $5.4m $5.4m 0.02% New
34 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.01% of their portfolio Boston, MA 218,831218.8k $4.6m $4.6m 0.01% Reduced -18.1k -18,100
35 Knoll Capital Management, LLC 5.18% of their portfolio MIAMI, FL 200,000200.0k $4.2m $4.2m 5.18% Unchanged
36 Schonfeld Strategic Advisors LLC 0.04% of their portfolio NEW YORK, NY 192,917192.9k $4.1m $4.1m 0.04% Reduced -142.8k -142,783
37 Caligan Partners LP 2.35% of their portfolio NEW YORK, NY 183,064183.1k $3.9m $3.9m 2.35% Unchanged
38 Tri Locum Partners LP 1.19% of their portfolio NEW YORK, NY 151,194151.2k $3.2m $3.2m 1.19% Added +53.4k +53,380
39 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 142,749142.7k $3.0m $3.0m 0.00% Reduced -6.4k -6,409
40 1492 Capital Management LLC 1.74% of their portfolio MILWAUKEE, WI 141,198141.2k $3.0m $3.0m 1.74% Added +75.4k +75,359
41 KENNEDY CAPITAL MANAGEMENT LLC 0.06% of their portfolio ST LOUIS, MO 117,072117.1k $2.5m $2.5m 0.06% New
42 Ghost Tree Capital, LLC 0.84% of their portfolio NEW YORK, NY 110,000110.0k $2.3m $2.3m 0.84% New
43 Polar Asset Management Partners Inc. 0.04% of their portfolio TORONTO, A6 96,50096.5k $2.0m $2.0m 0.04% Unchanged
44 Caption Management, LLC 0.34% of their portfolio OKLAHOMA CITY, OK 91,56291.6k $1.9m $1.9m 0.34% New
45 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.04% of their portfolio CHICAGO, IL 87,62887.6k $1.9m $1.9m 0.04% Reduced -9.9k -9,944
46 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 80,92880.9k $1.7m $1.7m 0.00% Reduced -125.0k -124,968
47 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 66,90866.9k $1.4m $1.4m 0.00% New
48 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 62,82562.8k $1.3m $1.3m 0.00% Reduced -7.1k -7,076
49 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 62,72762.7k $1.3m $1.3m 0.00% Reduced -14.9k -14,878
50 Legal & General Group Plc 0.00% of their portfolio London, X0 61,00061.0k $1.3m $1.3m 0.00% Added +36.6k +36,624
51 ALPS ADVISORS INC 0.01% of their portfolio Denver, CO 58,40458.4k $1.2m $1.2m 0.01% Added +8.5k +8,477
52 AlphaCentric Advisors LLC 0.65% of their portfolio SAN JUAN, PR 55,00055.0k $1.2m $1.2m 0.65% Unchanged
53 BOOTHBAY FUND MANAGEMENT, LLC 0.03% of their portfolio NEW YORK, NY 51,28451.3k $1.1m $1.1m 0.03% Added +17.3k +17,323
54 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 49,82549.8k $1.1m $1.1m 0.00% Added +4.1k +4,075
55 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 44,99245.0k $951.1k $951.1k 0.00% Added +12.2k +12,202
56 GLENMEDE TRUST CO NA 0.01% of their portfolio PHILADELPHIA, PA 44,48044.5k $893.2k $893.2k 0.01% Unchanged
57 HAP Trading, LLC 0.26% of their portfolio NEW YORK, NY 43,80543.8k $926.0k $926.0k 0.26% New
58 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 41,64741.6k $880.4k $880.4k 0.00% New
59 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 37,13637.1k $785.0k $785.0k 0.00% New
60 HighVista Strategies LLC 0.33% of their portfolio BOSTON, MA 34,02734.0k $719.3k $719.3k 0.33% Reduced -13.7k -13,696
61 D.A. DAVIDSON & CO. 0.01% of their portfolio GREAT FALLS, MT 32,50032.5k $687.0k $687.0k 0.01% Unchanged
62 GSA CAPITAL PARTNERS LLP 0.06% of their portfolio LONDON, X0 29,43229.4k $622.0k $622.0k 0.06% New
63 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 28,51028.5k $602.7k $602.7k 0.00% Reduced -4.1k -4,130
64 SIMPLEX TRADING, LLC 0.03% of their portfolio CHICAGO, IL 27,89327.9k $589.0k $589.0k 0.03% New
65 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 25,95326.0k $548.6k $548.6k 0.00% Added +18.8k +18,832
66 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 24,65824.7k $521.3k $521.3k 0.00% Reduced -30.8k -30,753
67 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 21,94621.9k $463.9k $463.9k 0.00% Added +1.5k +1,521
68 Soleus Capital Management, L.P. 0.05% of their portfolio GREENWICH, CT 21,70021.7k $458.7k $458.7k 0.05% New
69 China Universal Asset Management Co., Ltd. 0.14% of their portfolio SHANGHAI, F4 20,87320.9k $441.3k $441.3k 0.14% Added +20.0k +20,011
70 DekaBank Deutsche Girozentrale 0.00% of their portfolio FRANKFURT, 2M 20,00020.0k $404.0k $404.0k 0.00% Unchanged
71 Legato Capital Management LLC 0.06% of their portfolio San Francisco, CA 19,29719.3k $407.9k $407.9k 0.06% New
72 Orion Porfolio Solutions, LLC 0.00% of their portfolio OMAHA, NE 19,21619.2k $406.2k $406.2k 0.00% Added +1.1k +1,125
73 Orion Portfolio Solutions, LLC 0.00% of their portfolio Omaha, NE 19,21619.2k $406.2k $406.2k 0.00% Added +1.1k +1,125
74 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 17,86017.9k $377.6k $377.6k 0.00% Reduced -38.0k -38,019
75 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 17,69217.7k $374.0k $374.0k 0.00% New
76 Parkwood LLC 0.07% of their portfolio CLEVELAND, OH 17,16617.2k $363.0k $363.0k 0.07% Reduced -1.7k -1,712
77 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 15,97016.0k $337.6k $337.6k 0.00% Reduced -35.9k -35,865
78 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 14,76014.8k $312.0k $312.0k 0.00% Added +3.8k +3,778
79 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 14,00814.0k $296.1k $296.1k 0.00% New
80 Shay Capital LLC 0.10% of their portfolio NEW YORK, NY 13,50013.5k $285.4k $285.4k 0.10% Unchanged
81 BIT Capital GmbH 0.03% of their portfolio BERLIN, 2M 13,00013.0k $274.8k $274.8k 0.03% Unchanged
82 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 12,62012.6k $266.8k $266.8k 0.00% Added +12.4k +12,400
83 Cahill Wealth Management, LLC 0.18% of their portfolio Portage, MI 12,04512.0k $254.6k $254.6k 0.18% Unchanged
84 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 11,96012.0k $253.0k $253.0k 0.00% Reduced -11.7k -11,729
85 Trexquant Investment LP 0.01% of their portfolio STAMFORD, CT 11,59111.6k $245.0k $245.0k 0.01% New
86 Virtu Financial LLC 0.02% of their portfolio New York, NY 10,91010.9k $231.0k $231.0k 0.02% New
87 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 10,00010.0k $216.7k $216.7k 0.00% Reduced -12.0k -12,000
88 Rathbones Group PLC 0.00% of their portfolio Liverpool, X0 9,5849.6k $202.6k $202.6k 0.00% New
89 GROUP ONE TRADING LLC 0.01% of their portfolio CHICAGO, IL 8,8608.9k $187.3k $187.3k 0.01% New
90 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 4,3754.4k $92.5k $92.5k 0.00% Added +378 +378
91 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 3,1533.2k $66.7k $66.7k 0.00% Reduced -214.4k -214,417
92 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 3,1383.1k $66.3k $66.3k 0.00% Reduced -1.4k -1,396
93 UBS Group AG 0.00% of their portfolio ZURICH, V8 3,0053.0k $63.5k $63.5k 0.00% Reduced -2.4k -2,427
94 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,5751.6k $34.0k $34.0k 0.00% Reduced -167 -167
95 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 1,1301.1k $23.9k $23.9k 0.00% Added +407 +407
96 Cutler Group LLC / CA 0.00% of their portfolio SAN FRANCISCO, CA 1,0101.0k $21.0k $21.0k 0.00% Added +730 +730
97 Plante Moran Financial Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 892892 $18.9k $18.9k 0.00% Unchanged
98 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 781781 $16.5k $16.5k 0.00% Reduced -200 -200
99 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 400400 $8.5k $8.5k 0.00% Unchanged
100 TUCKER ASSET MANAGEMENT LLC 0.00% of their portfolio LITTLETON, CO 372372 $7.9k $7.9k 0.00% Reduced -2.1k -2,074