Vault-13

VERONA PHARMA PLC VRNA

SPONSORED ADS · ADR · CUSIP 925050106

118 institutional holders +15 vs Q3 2023
68,163,07168.2m shares reported held*
$1.4bnreported value*
17 new 39 added 31 reduced 8 sold out net bought ≈ $28.3m (+1.5m 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 ≈ $19.91. Options: 7 managers hold calls ($2.2m notional), 10 hold puts ($4.8m).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 69Q4 22: 89Q1 23: 96Q2 23: 106Q3 23: 103Q4 23: 118118Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 202269
Q4 202289
Q1 202396
Q2 2023106
Q3 2023103
Q4 2023118

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 23Q3 23: 46 bought or addedQ3 23: 46 cut or sold outQ3 23Q4 23: 56 bought or addedQ4 23: 39 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 20225435
Q1 20236134
Q2 20234944
Q3 20234646
Q4 20235639

Calls vs puts

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

CallsPuts
$0$2.5m$5m$7.5m$10mQ1 23 calls: $3.5mQ1 23 puts: $2.1mQ1 23P/C 0.61Q2 23 calls: $3.3mQ2 23 puts: $9.4mQ2 23P/C 2.84Q3 23 calls: $1.1mQ3 23 puts: $3.1mQ3 23P/C 2.77Q4 23 calls: $2.2mQ4 23 puts: $4.8mQ4 23P/C 2.23
Numbers
QuarterCallsPutsP/C
Q1 2023$3.5m$2.1m0.61
Q2 2023$3.3m$9.4m2.84
Q3 2023$1.1m$3.1m2.77
Q4 2023$2.2m$4.8m2.23

Biggest buyers

MAVERICK CAPITAL LTD New +1,656,492+1.7m
Hood River Capital Management LLC New +946,602+946.6k
MORGAN STANLEY Added +888,349+888.3k
Laurion Capital Management LP New +583,458+583.5k
EVENTIDE ASSET MANAGEMENT, LLC Added +527,781+527.8k
RICE HALL JAMES & ASSOCIATES, LLC Added +443,055+443.1k
AXA S.A. Added +270,985+271.0k
AMERICAN CENTURY COMPANIES INC Added +249,571+249.6k
Clearbridge Investments, LLC New +248,964+249.0k
ADAGE CAPITAL PARTNERS GP, L.L.C. Added +225,000+225.0k

Biggest sellers

FMR LLC Reduced -2,055,581-2.1m
Nicholas Investment Partners, LP Reduced -993,863-993.9k
Paradigm Biocapital Advisors LP Sold out -926,432-926.4k
WELLINGTON MANAGEMENT GROUP LLP Reduced -683,577-683.6k
MILLENNIUM MANAGEMENT LLC Reduced -550,870-550.9k
CITADEL ADVISORS LLC Reduced -148,293-148.3k
PERCEPTIVE ADVISORS LLC Reduced -140,983-141.0k
Woodline Partners LP Reduced -85,757-85.8k
Avidity Partners Management LP Reduced -49,400-49.4k
TWO SIGMA ADVISERS, LP Sold out -47,800-47.8k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $916.5k46.1k shares
GROUP ONE TRADING LLC Added $501.0k25.2k shares
CITADEL ADVISORS LLC Added $377.7k19.0k shares
SIMPLEX TRADING, LLC Added $224.0k11.3k shares
Walleye Capital LLC Added $123.3k6.2k shares
Walleye Trading LLC Reduced $21.9k1.1k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

Caption Management, LLC Unchanged $2.0m100.0k shares
GROUP ONE TRADING LLC Added $868.8k43.7k shares
CITADEL ADVISORS LLC Added $783.3k39.4k shares
SIMPLEX TRADING, LLC Added $695.0k35.0k shares
JANE STREET GROUP, LLC New $238.6k12.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $200.8k10.1k shares
Walleye Trading LLC New $37.8k1.9k shares
Worth Venture Partners, LLC New $5.7k15.2k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
Cutler Group LLC / CA Added $01.0k 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, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 RA CAPITAL MANAGEMENT, L.P. 1.96% of their portfolio BOSTON, MA 6,317,9906.3m $125.6m $125.6m 1.96% Unchanged
2 NEA Management Company, LLC 7.40% of their portfolio TIMONIUM, MD 5,108,5635.1m $111.0m $111.0m 7.40% Unchanged
3 FMR LLC 0.01% of their portfolio BOSTON, MA 4,902,3774.9m $97.5m $97.5m 0.01% Reduced -2.1m -2,055,581
4 Vivo Capital, LLC 6.92% of their portfolio Palo Alto, CA 4,249,9184.2m $84.5m $84.5m 6.92% Unchanged
5 PERCEPTIVE ADVISORS LLC 1.72% of their portfolio NEW YORK, NY 3,866,2143.9m $76.9m $76.9m 1.72% Reduced -141.0k -140,983
6 WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio Boston, MA 3,783,9943.8m $75.2m $75.2m 0.01% Reduced -683.6k -683,577
7 ORBIMED ADVISORS LLC 1.50% of their portfolio New York, NY 3,777,7783.8m $75.1m $75.1m 1.50% Unchanged
8 Deep Track Capital, LP 2.22% of their portfolio GREENWICH, CT 3,187,4153.2m $63.4m $63.4m 2.22% Unchanged
9 Frazier Life Sciences Management, L.P. 3.20% of their portfolio PALO ALTO, CA 3,014,3493.0m $59.9m $59.9m 3.20% Unchanged
10 FEDERATED HERMES, INC. 0.12% of their portfolio PITTSBURGH, PA 2,493,5302.5m $49.6m $49.6m 0.12% Unchanged
11 Carlyle Group Inc. 2.35% of their portfolio WASHINGTON, DC 2,457,5002.5m $48.8m $48.8m 2.35% Unchanged
12 Octagon Capital Advisors LP 7.54% of their portfolio NEW YORK, NY 2,369,0002.4m $47.1m $47.1m 7.54% Unchanged
13 JANUS HENDERSON GROUP PLC 0.02% of their portfolio LONDON, X0 1,803,3611.8m $35.8m $35.8m 0.02% Added +166.5k +166,539
14 MAVERICK CAPITAL LTD 0.68% of their portfolio DALLAS, TX 1,656,4921.7m $32.9m $32.9m 0.68% New
15 JENNISON ASSOCIATES LLC 0.02% of their portfolio NEW YORK, NY 1,585,3851.6m $31.5m $31.5m 0.02% Added +142.8k +142,819
16 EVENTIDE ASSET MANAGEMENT, LLC 0.45% of their portfolio Boston, MA 1,377,7811.4m $27.4m $27.4m 0.45% Added +527.8k +527,781
17 First Turn Management, LLC 3.44% of their portfolio DEL MAR, CA 1,206,2911.2m $24.0m $24.0m 3.44% First filing
18 Aisling Capital Management LP 6.61% of their portfolio NEW YORK, NY 1,115,3521.1m $22.2m $22.2m 6.61% Unchanged
19 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 962,392962.4k $19.1m $19.1m 0.00% Added +888.3k +888,349
20 Hood River Capital Management LLC 0.52% of their portfolio PALM BEACH GARDENS, FL 946,602946.6k $18.8m $18.8m 0.52% New
21 Bellevue Group AG 0.26% of their portfolio ZURICH, V8 839,996840.0k $16.7m $16.7m 0.26% Reduced -16.4k -16,362
22 Avidity Partners Management LP 0.59% of their portfolio DALLAS, TX 780,900780.9k $15.5m $15.5m 0.59% Reduced -49.4k -49,400
23 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.03% of their portfolio Boston, MA 651,931651.9k $13.0m $13.0m 0.03% Added +225.0k +225,000
24 Laurion Capital Management LP 0.42% of their portfolio NEW YORK, NY 583,458583.5k $11.6m $11.6m 0.42% New
25 Affinity Asset Advisors, LLC 2.23% of their portfolio NEW YORK, NY 563,824563.8k $11.2m $11.2m 2.23% Added +195.5k +195,495
26 AXA S.A. 0.02% of their portfolio PARIS, I0 555,410555.4k $11.0m $11.0m 0.02% Added +271.0k +270,985
27 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 529,697529.7k $10.5m $10.5m 0.01% Added +249.6k +249,571
28 Parkman Healthcare Partners LLC 1.42% of their portfolio STAMFORD, CT 504,742504.7k $10.0m $10.0m 1.42% Added +86.8k +86,809
29 Woodline Partners LP 0.11% of their portfolio San Francisco, CA 500,965501.0k $10.0m $10.0m 0.11% Reduced -85.8k -85,757
30 RICE HALL JAMES & ASSOCIATES, LLC 0.54% of their portfolio San Diego, CA 468,929468.9k $9.3m $9.3m 0.54% Added +443.1k +443,055
31 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 383,351383.4k $7.6m $7.6m 0.01% Reduced -550.9k -550,870
32 Ikarian Capital, LLC 0.07% of their portfolio DALLAS, TX 367,468367.5k $257.3k $257.3k 0.07% Added +48.9k +48,877
33 BlackRock Inc. 0.00% of their portfolio New York, NY 364,613364.6k $7.2m $7.2m 0.00% Added +28.8k +28,810
34 SAMSARA BIOCAPITAL, LLC 1.07% of their portfolio PALO ALTO, CA 347,500347.5k $6.9m $6.9m 1.07% Unchanged
35 Moody Aldrich Partners LLC 1.15% of their portfolio MARBLEHEAD, MA 321,161321.2k $6.4m $6.4m 1.15% Reduced -33.7k -33,676
36 Schonfeld Strategic Advisors LLC 0.05% of their portfolio NEW YORK, NY 302,000302.0k $6.0m $6.0m 0.05% Added +111.6k +111,594
37 Tri Locum Partners LP 2.86% of their portfolio NEW YORK, NY 293,112293.1k $5.8m $5.8m 2.86% Reduced -25.0k -24,964
38 Walleye Capital LLC 0.07% of their portfolio NEW YORK, NY 251,106251.1k $5.0m $5.0m 0.07% Added +969 +969
39 Rosalind Advisors, Inc. 4.16% of their portfolio TORONTO, A6 250,000250.0k $5.0m $5.0m 4.16% First filing
40 Clearbridge Investments, LLC 0.00% of their portfolio NEW YORK, NY 248,964249.0k $4.9m $4.9m 0.00% New
41 Knoll Capital Management, LLC 3.29% of their portfolio MIAMI, FL 200,000200.0k $4.0m $4.0m 3.29% Unchanged
42 Caligan Partners LP 1.23% of their portfolio NEW YORK, NY 183,064183.1k $3.6m $3.6m 1.23% Unchanged
43 Nicholas Investment Partners, LP 0.39% of their portfolio RANCHO SANTA FE, CA 169,126169.1k $3.4m $3.4m 0.39% Reduced -993.9k -993,863
44 1492 Capital Management LLC 1.88% of their portfolio MILWAUKEE, WI 166,038166.0k $3.3m $3.3m 1.88% Added +1.6k +1,579
45 KENNEDY CAPITAL MANAGEMENT LLC 0.07% of their portfolio ST LOUIS, MO 165,657165.7k $3.3m $3.3m 0.07% Added +26.1k +26,056
46 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 142,771142.8k $2.8m $2.8m 0.00% Added +22 +22
47 Artia Global Partners LP 1.03% of their portfolio MIAMI, FL 130,790130.8k $2.6m $2.6m 1.03% New
48 SUPERSTRING CAPITAL MANAGEMENT LP 1.76% of their portfolio NEW YORK, NY 124,040124.0k $2.5m $2.5m 1.76% First filing
49 Polar Asset Management Partners Inc. 0.05% of their portfolio TORONTO, A6 96,50096.5k $1.9m $1.9m 0.05% Unchanged
50 BIT Capital GmbH 0.19% of their portfolio BERLIN, 2M 87,30487.3k $1.7m $1.7m 0.19% Added +71.8k +71,804
51 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 83,98684.0k $1.7m $1.7m 0.00% Reduced -3.7k -3,711
52 Legal & General Group Plc 0.00% of their portfolio London, X0 80,51480.5k $1.6m $1.6m 0.00% Added +12.7k +12,664
53 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 71,65471.7k $1.4m $1.4m 0.00% Added +24.7k +24,669
54 Caption Management, LLC 0.15% of their portfolio OKLAHOMA CITY, OK 71,53371.5k $1.4m $1.4m 0.15% Reduced -8.5k -8,467
55 BOOTHBAY FUND MANAGEMENT, LLC 0.05% of their portfolio NEW YORK, NY 67,92467.9k $1.4m $1.4m 0.05% Added +11.7k +11,726
56 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 61,11361.1k $1.2m $1.2m 0.00% Added +8.6k +8,624
57 SIMPLEX TRADING, LLC 0.04% of their portfolio CHICAGO, IL 58,42258.4k $1.2m $1.2m 0.04% Added +54.6k +54,568
58 AlphaCentric Advisors LLC 0.75% of their portfolio SAN JUAN, PR 56,00056.0k $1.1m $1.1m 0.75% Unchanged
59 ALPS ADVISORS INC 0.01% of their portfolio Denver, CO 54,04854.0k $1.1m $1.1m 0.01% Reduced -4.6k -4,563
60 Campbell & CO Investment Adviser LLC 0.09% of their portfolio BALTIMORE, MD 50,83650.8k $1.0m $1.0m 0.09% Added +862 +862
61 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 0.03% of their portfolio CHICAGO, IL 48,53348.5k $964.8k $964.8k 0.03% Reduced -39.1k -39,095
62 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 47,23747.2k $939.1k $939.1k 0.00% Added +10.4k +10,377
63 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 42,10242.1k $837.0k $837.0k 0.00% Reduced -12.8k -12,826
64 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 40,21540.2k $799.5k $799.5k 0.00% Added +24.7k +24,731
65 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 40,06740.1k $796.5k $796.5k 0.00% Added +14.7k +14,668
66 Hennion & Walsh Asset Management, Inc. 0.04% of their portfolio Parsippany, NJ 39,29439.3k $781.2k $781.2k 0.04% New
67 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 38,36038.4k $762.6k $762.6k 0.00% Unchanged
68 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 38,17438.2k $758.9k $758.9k 0.00% Added +11.7k +11,696
69 GLENMEDE TRUST CO NA 0.00% of their portfolio PHILADELPHIA, PA 34,92134.9k $694.2k $694.2k 0.00% Reduced -4.1k -4,084
70 D.A. DAVIDSON & CO. 0.01% of their portfolio GREAT FALLS, MT 33,40033.4k $664.0k $664.0k 0.01% Added +900 +900
71 Knott David M Jr 0.25% of their portfolio SYOSSET, NY 32,67232.7k $650.0k $650.0k 0.25% New
72 HighVista Strategies LLC 0.23% of their portfolio BOSTON, MA 32,44932.4k $645.1k $645.1k 0.23% Added +2.6k +2,576
73 Ghost Tree Capital, LLC 0.34% of their portfolio NEW YORK, NY 30,00030.0k $596.4k $596.4k 0.34% Reduced -15.0k -15,000
74 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 29,66929.7k $589.8k $589.8k 0.00% Added +3.7k +3,716
75 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 28,19028.2k $560.4k $560.4k 0.00% Reduced -148.3k -148,293
76 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 25,67025.7k $510.3k $510.3k 0.00% Reduced -2.0k -1,978
77 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 25,51825.5k $507.3k $507.3k 0.00% Added +12.8k +12,806
78 Legato Capital Management LLC 0.06% of their portfolio San Francisco, CA 24,32924.3k $483.7k $483.7k 0.06% Added +5.0k +5,032
79 DekaBank Deutsche Girozentrale 0.00% of their portfolio FRANKFURT, 2M 20,00020.0k $415.0k $415.0k 0.00% Unchanged
80 ACUTA CAPITAL PARTNERS, LLC 0.21% of their portfolio REDWOOD CITY, CA 19,00019.0k $377.7k $377.7k 0.21% New
81 Walleye Trading LLC 0.01% of their portfolio NEW YORK, NY 18,06518.1k $359.1k $359.1k 0.01% Reduced -65 -65
82 FOX RUN MANAGEMENT, L.L.C. 0.09% of their portfolio GREENWICH, CT 17,81917.8k $354.2k $354.2k 0.09% New
83 PFG Investments, LLC 0.07% of their portfolio WOODBURY, NY 17,80017.8k $353.9k $353.9k 0.07% New
84 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 17,55817.6k $349.1k $349.1k 0.00% Added +3.3k +3,338
85 Orion Porfolio Solutions, LLC 0.00% of their portfolio OMAHA, NE 16,83916.8k $340.8k $340.8k 0.00% Reduced -1.5k -1,477
86 Orion Portfolio Solutions, LLC 0.00% of their portfolio Omaha, NE 16,83916.8k $340.8k $340.8k 0.00% Reduced -1.5k -1,477
87 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 16,44116.4k $326.8k $326.8k 0.00% Reduced -7.4k -7,443
88 Rathbones Group PLC 0.00% of their portfolio Liverpool, X0 15,97616.0k $317.6k $317.6k 0.00% Unchanged
89 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 15,97016.0k $317.5k $317.5k 0.00% Unchanged
90 China Universal Asset Management Co., Ltd. 0.06% of their portfolio SHANGHAI, F4 14,87814.9k $295.8k $295.8k 0.06% Reduced -40.8k -40,806
91 Parkwood LLC 0.04% of their portfolio CLEVELAND, OH 13,95314.0k $277.0k $277.0k 0.04% Reduced -1.1k -1,092
92 Quantbot Technologies LP 0.01% of their portfolio NEW YORK, NY 12,30912.3k $244.7k $244.7k 0.01% Added +11.5k +11,514
93 GROUP ONE TRADING LLC 0.01% of their portfolio CHICAGO, IL 11,42711.4k $227.2k $227.2k 0.01% Reduced -690 -690
94 Jump Financial, LLC 0.01% of their portfolio Chicago, IL 11,35011.3k $225.6k $225.6k 0.01% New
95 Y-Intercept (Hong Kong) Ltd 0.02% of their portfolio HONG KONG, K3 11,34311.3k $225.5k $225.5k 0.02% New
96 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 10,48210.5k $209.0k $209.0k 0.00% New
97 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 4,4954.5k $89.4k $89.4k 0.00% Added +4.1k +4,067
98 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 3,1343.1k $62.3k $62.3k 0.00% Reduced -1.0k -1,036
99 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 2,0282.0k $40.3k $40.3k 0.00% Added +1.1k +1,128
100 UBS Group AG 0.00% of their portfolio ZURICH, V8 2,0142.0k $40.0k $40.0k 0.00% Reduced -1.3k -1,323