Vault-13

VERSABANK NEW VBNK

COM · Common Stock · CUSIP 92512J106

48 institutional holders +1 vs Q3 2025
10,881,85110.9m shares reported held*
$162.5mreported value*
7 new 12 added 19 reduced 6 sold out net sold ≈ $1.2m (-76.8k 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. Holder counts are more reliable. Implied quarter-end price ≈ $14.94. Options: 0 managers hold calls (— notional), 1 hold puts ($179.8k).

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 24Q4 22: 25Q1 23: 25Q2 23: 23Q3 23: 26Q4 23: 27Q1 24: 31Q2 24: 32Q3 24: 30Q4 24: 54Q1 25: 45Q2 25: 46Q3 25: 47Q4 25: 4848Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 202224
Q4 202225
Q1 202325
Q2 202323
Q3 202326
Q4 202327
Q1 202431
Q2 202432
Q3 202430
Q4 202454
Q1 202545
Q2 202546
Q3 202547
Q4 202548

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q1 24: 18 bought or addedQ1 24: 14 cut or sold outQ2 24: 14 bought or addedQ2 24: 16 cut or sold outQ2 24Q3 24: 19 bought or addedQ3 24: 12 cut or sold outQ4 24: 40 bought or addedQ4 24: 8 cut or sold outQ4 24Q1 25: 26 bought or addedQ1 25: 27 cut or sold outQ2 25: 21 bought or addedQ2 25: 21 cut or sold outQ2 25Q3 25: 23 bought or addedQ3 25: 22 cut or sold outQ4 25: 19 bought or addedQ4 25: 25 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20241814
Q2 20241416
Q3 20241912
Q4 2024408
Q1 20252627
Q2 20252121
Q3 20252322
Q4 20251925

Calls vs puts

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

CallsPuts
$0$50k$100k$150k$200kQ1 25 calls: $2.1kQ1 25 puts: $1.0kQ1 25P/C 0.50Q2 25 calls: $3.0kQ2 25 puts: $6.0kQ2 25P/C 2.00Q3 25 calls: $39.0kQ3 25 puts: $7.0kQ3 25P/C 0.18Q4 25 calls: $0Q4 25 puts: $179.8kQ4 25P/C —
Numbers
QuarterCallsPutsP/C
Q1 2025$2.1k$1.0k0.50
Q2 2025$3.0k$6.0k2.00
Q3 2025$39.0k$7.0k0.18
Q4 2025$0$179.8k—

Biggest buyers

Pembroke Management, LTD Added +213,037+213.0k
Mudita Advisors LLP New +97,591+97.6k
ALLIANCEBERNSTEIN L.P. Added +70,096+70.1k
Connor, Clark & Lunn Investment Management Ltd. New +53,105+53.1k
TCW GROUP INC Added +50,900+50.9k
MILLENNIUM MANAGEMENT LLC New +39,180+39.2k
TD Asset Management Inc New +33,000+33.0k
MENDON CAPITAL ADVISORS CORP Added +26,559+26.6k
SEI INVESTMENTS CO New +18,289+18.3k
Quadrature Capital Ltd New +13,449+13.4k

Biggest sellers

Militia Capital Partners, LP Sold out -210,000-210.0k
MARSHALL WACE, LLP Reduced -90,088-90.1k
COMPASS ROSE ASSET MANAGEMENT, LP Sold out -59,000-59.0k
ACADIAN ASSET MANAGEMENT LLC Sold out -56,909-56.9k
BANK OF AMERICA CORP /DE/ Reduced -50,484-50.5k
ELCO Management Co., LLC Reduced -40,474-40.5k
TWO SIGMA INVESTMENTS, LP Reduced -28,951-29.0k
Jump Financial, LLC Sold out -26,400-26.4k
ROYAL BANK OF CANADA Reduced -26,156-26.2k
K2 PRINCIPAL FUND, L.P. Reduced -19,344-19.3k

Biggest calls

None

Biggest puts

JANE STREET GROUP, LLC New $179.8k12.0k 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.

HolderStakeChangeShares Last filed
ALLIANCEBERNSTEIN L.P. 13G · institution +1.0 pts · filed 2026-02-17 9.3% +1.0 pts 3.0m≈ $61.7m 2026-02-17

Insider purchases and sales in Q4 2025

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q4 2025.

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 2,986,0803.0m $44.7m $44.7m 0.01% Added +70.1k +70,096
2 CIBC WORLD MARKET INC. 0.03% of their portfolio TORONTO, A6 1,181,7311.2m $17.7m $17.7m 0.03% Reduced -18.5k -18,496
3 MENDON CAPITAL ADVISORS CORP 6.03% of their portfolio KEY LARGO, FL 1,057,6931.1m $15.4m $15.4m 6.03% Added +26.6k +26,559
4 Curi Capital, LLC 0.20% of their portfolio CHICAGO, IL 783,470783.5k $11.7m $11.7m 0.20% Reduced -16.5k -16,530
5 Pembroke Management, LTD 1.14% of their portfolio Montreal, A8 736,222736.2k $11.0m $11.0m 1.14% Added +213.0k +213,037
6 TCW GROUP INC 0.07% of their portfolio LOS ANGELES, CA 674,277674.3k $10.1m $10.1m 0.07% Added +50.9k +50,900
7 Pacific Ridge Capital Partners, LLC 1.92% of their portfolio LAKE OSWEGO, OR 585,118585.1k $8.8m $8.8m 1.92% Reduced -17.3k -17,335
8 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 470,176470.2k $7.0m $7.0m 0.00% Unchanged
9 KENNEDY CAPITAL MANAGEMENT LLC 0.11% of their portfolio ST LOUIS, MO 354,592354.6k $5.3m $5.3m 0.11% Reduced -50 -50
10 CSM Advisors, LLC 0.11% of their portfolio WARRENDALE, PA 280,591280.6k $4.2m $4.2m 0.11% Added +470 +470
11 Rosenthal | Henry Capital Advisors, Inc. 2.78% of their portfolio MISHAWAKA, IN 200,226200.2k $3.0m $3.0m 2.78% Unchanged
12 Cox Capital Mgt LLC 1.73% of their portfolio ANDOVER, MA 179,749179.7k $2.8m $2.8m 1.73% Added +502 +502
13 TD Waterhouse Canada Inc. 0.01% of their portfolio TORONTO, A6 156,540156.5k $2.3m $2.3m 0.01% Added +8.1k +8,149
14 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 130,725130.7k $1.9m $1.9m 0.00% Added +12.4k +12,432
15 Mudita Advisors LLP 0.32% of their portfolio London, X0 97,59197.6k $1.5m $1.5m 0.32% New
16 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 95,63595.6k $1.4m $1.4m 0.00% Added +234 +234
17 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 93,39693.4k $1.4m $1.4m 0.00% Reduced -26.2k -26,156
18 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 86,90086.9k $1.3m $1.3m 0.00% Reduced -4.9k -4,900
19 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 80,10080.1k $1.2m $1.2m 0.00% Reduced -50.5k -50,484
20 ELCO Management Co., LLC 0.66% of their portfolio New York, NY 70,28570.3k $1.1m $1.1m 0.66% Reduced -40.5k -40,474
21 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 64,93964.9k $972.8k $972.8k 0.00% Reduced -90.1k -90,088
22 Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio VANCOUVER, A1 53,10553.1k $793.2k $793.2k 0.00% New
23 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 50,91250.9k $762.7k $762.7k 0.00% Unchanged
24 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 39,18039.2k $586.9k $586.9k 0.00% New
25 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 37,85337.9k $567.0k $567.0k 0.00% Reduced -717 -717
26 TD Asset Management Inc 0.00% of their portfolio Toronto, A6 33,00033.0k $493.5k $493.5k 0.00% New
27 BENJAMIN EDWARDS INC 0.01% of their portfolio Clayton, MO 32,76032.8k $490.0k $490.0k 0.01% Reduced -2.9k -2,861
28 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 25,72025.7k $385.3k $385.3k 0.00% Unchanged
29 CORSAIR CAPITAL MANAGEMENT, L.P. 0.06% of their portfolio NEW YORK, NY 24,51124.5k $367.2k $367.2k 0.06% Added +511 +511
30 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 23,62523.6k $353.9k $353.9k 0.00% Reduced -29.0k -28,951
31 Mount Lucas Management LP 0.15% of their portfolio Newtown, PA 23,20023.2k $347.5k $347.5k 0.15% Reduced -6.8k -6,800
32 K2 PRINCIPAL FUND, L.P. 0.04% of their portfolio TORONTO, A6 23,15823.2k $346.9k $346.9k 0.04% Reduced -19.3k -19,344
33 SALZHAUER MICHAEL 0.14% of their portfolio NEW YORK, NY 21,44321.4k $320.7k $320.7k 0.14% Unchanged
34 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 18,99219.0k $284.5k $284.5k 0.00% Reduced -3.4k -3,371
35 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 18,28918.3k $274.0k $274.0k 0.00% New
36 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 15,60915.6k $233.1k $233.1k 0.00% Added +183 +183
37 Quadrature Capital Ltd 0.00% of their portfolio LONDON, X0 13,44913.4k $201.4k $201.4k 0.00% New
38 CONNORS INVESTOR SERVICES INC 0.02% of their portfolio WYOMISSING, PA 13,00013.0k $194.7k $194.7k 0.02% Unchanged
39 CONSULTIVA WEALTH MANAGEMENT, CORP. 0.55% of their portfolio SAN JUAN, PR 13,00013.0k $194.7k $194.7k 0.55% Unchanged
40 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 12,66012.7k $189.6k $189.6k 0.00% Reduced -5.2k -5,240
41 BlackRock, Inc. 0.00% of their portfolio New York, NY 11,80611.8k $176.9k $176.9k 0.00% Unchanged
42 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 3,7523.8k $55.5k $55.5k 0.00% Reduced -14 -14
43 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 2,1902.2k $32.8k $32.8k 0.00% Unchanged
44 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 2,1002.1k $31.5k $31.5k 0.00% Reduced -100 -100
45 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 974974 $14.6k $14.6k 0.00% Added +973 +973
46 UBS Group AG 0.00% of their portfolio ZURICH, V8 808808 $12.1k $12.1k 0.00% Reduced -5.4k -5,393
47 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 689689 $10.3k $10.3k 0.00% New
48 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 3030 $449 $449 0.00% Unchanged