Vault-13

VERU INC

COM · CUSIP 92536C103

127 institutional holders -5 vs Q1 2025
37,282,08237.3m shares reported held*
$21.7mreported value*
29 new 34 added 28 reduced 34 sold out net sold ≈ $5.9m (-10.2m 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 ($6 this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $0.58. Options: 4 managers hold calls ($201.7k notional), 6 hold puts ($661.7k).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 142Q4 22: 131Q1 23: 109Q2 23: 85Q3 23: 64Q4 23: 91Q1 24: 95Q2 24: 109Q3 24: 114Q4 24: 125Q1 25: 132Q2 25: 127127Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022142
Q4 2022131
Q1 2023109
Q2 202385
Q3 202364
Q4 202391
Q1 202495
Q2 2024109
Q3 2024114
Q4 2024125
Q1 2025132
Q2 2025127

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 23: 17 bought or addedQ3 23: 44 cut or sold outQ4 23: 46 bought or addedQ4 23: 21 cut or sold outQ4 23Q1 24: 44 bought or addedQ1 24: 38 cut or sold outQ2 24: 62 bought or addedQ2 24: 31 cut or sold outQ2 24Q3 24: 52 bought or addedQ3 24: 32 cut or sold outQ4 24: 56 bought or addedQ4 24: 35 cut or sold outQ4 24Q1 25: 64 bought or addedQ1 25: 40 cut or sold outQ2 25: 63 bought or addedQ2 25: 62 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20231744
Q4 20234621
Q1 20244438
Q2 20246231
Q3 20245232
Q4 20245635
Q1 20256440
Q2 20256362

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5m$2mQ3 24 calls: $679.3kQ3 24 puts: $539.7kQ3 24P/C 0.79Q4 24 calls: $548.8kQ4 24 puts: $516.6kQ4 24P/C 0.94Q1 25 calls: $254.7kQ1 25 puts: $1.8mQ1 25P/C 6.95Q2 25 calls: $201.7kQ2 25 puts: $661.7kQ2 25P/C 3.28
Numbers
QuarterCallsPutsP/C
Q3 2024$679.3k$539.7k0.79
Q4 2024$548.8k$516.6k0.94
Q1 2025$254.7k$1.8m6.95
Q2 2025$201.7k$661.7k3.28

Biggest buyers

MILLENNIUM MANAGEMENT LLC Added +2,606,525+2.6m
JANE STREET GROUP, LLC Added +936,915+936.9k
GOLDMAN SACHS GROUP INC Added +389,112+389.1k
MARSHALL WACE, LLP New +379,840+379.8k
Cubist Systematic Strategies, LLC New +361,399+361.4k
CITADEL ADVISORS LLC Added +315,554+315.6k
Qube Research & Technologies Ltd New +260,793+260.8k
Virtu Financial LLC New +207,640+207.6k
HRT FINANCIAL LP New +175,820+175.8k
VANGUARD GROUP INC Added +155,828+155.8k

Biggest sellers

BlackRock, Inc. Reduced -7,008,218-7.0m
STATE STREET CORP Reduced -1,683,969-1.7m
MPM BIOIMPACT LLC Reduced -1,680,779-1.7m
GEODE CAPITAL MANAGEMENT, LLC Reduced -1,426,772-1.4m
Cambridge Investment Research Advisors, Inc. Reduced -1,395,438-1.4m
NORTHERN TRUST CORP Reduced -792,182-792.2k
CHOREO, LLC Sold out -669,277-669.3k
Bank of New York Mellon Corp Sold out -377,043-377.0k
UBS Group AG Reduced -312,190-312.2k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -310,291-310.3k

Biggest calls

GROUP ONE TRADING LLC Reduced $112.3k193.0k shares
SIMPLEX TRADING, LLC Added $60.0k103.9k shares
CITADEL ADVISORS LLC Reduced $29.4k50.5k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $251.1k432.9k shares
CITADEL ADVISORS LLC Reduced $191.6k329.3k shares
SIMPLEX TRADING, LLC Reduced $133.0k229.2k shares
GROUP ONE TRADING LLC Reduced $69.2k118.9k shares
JANE STREET GROUP, LLC Reduced $16.8k28.9k 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.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 6,406,9036.4m $3.7m $3.7m 0.00% Added +155.8k +155,828
2 MPM BIOIMPACT LLC 0.50% of their portfolio BOSTON, MA 4,911,9484.9m $2.9m $2.9m 0.50% Reduced -1.7m -1,680,779
3 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 2,621,4932.6m $1.5m $1.5m 0.00% Added +2.6m +2,606,525
4 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,654,5911.7m $963.0k $963.0k 0.00% Reduced -312.2k -312,190
5 PVG ASSET MANAGEMENT CORP 3.26% of their portfolio GOLDEN, CO 1,647,3651.6m $958.4k $958.4k 3.26% Added +50.5k +50,465
6 BlackRock, Inc. 0.00% of their portfolio New York, NY 1,640,3371.6m $954.3k $954.3k 0.00% Reduced -7.0m -7,008,218
7 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 1,606,3351.6m $934.8k $934.8k 0.00% Reduced -1.4m -1,426,772
8 Ikarian Capital, LLC 0.27% of their portfolio DALLAS, TX 1,425,2391.4m $829.2k $829.2k 0.27% Unchanged
9 OPPENHEIMER & CO INC 0.01% of their portfolio NEW YORK, NY 1,313,0211.3m $763.9k $763.9k 0.01% Reduced -12.2k -12,225
10 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 1,036,8561.0m $601.4k $601.4k 0.00% Reduced -64.9k -64,930
11 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.00% of their portfolio Boston, MA 1,000,0001.0m $581.8k $581.8k 0.00% Unchanged
12 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 988,041988.0k $574.8k $574.8k 0.00% Added +936.9k +936,915
13 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 678,210678.2k $394.6k $394.6k 0.00% Added +389.1k +389,112
14 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 652,165652.2k $379.4k $379.4k 0.00% Added +131.1k +131,107
15 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 619,661619.7k $360.5k $360.5k 0.00% Reduced -46.6k -46,633
16 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 550,069550.1k $320.0k $320.0k 0.00% Reduced -1.7m -1,683,969
17 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 547,728547.7k $318.7k $318.7k 0.00% Added +315.6k +315,554
18 180 WEALTH ADVISORS, LLC 0.04% of their portfolio FEDERAL WAY, WA 458,887458.9k $267.0k $267.0k 0.04% Added +25.6k +25,554
19 BOOTHBAY FUND MANAGEMENT, LLC 0.01% of their portfolio NEW YORK, NY 405,292405.3k $235.8k $235.8k 0.01% Unchanged
20 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 380,000380.0k $221.1k $221.1k 0.00% Added +30.0k +30,000
21 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 379,840379.8k $220.3k $220.3k 0.00% New
22 Cubist Systematic Strategies, LLC 0.00% of their portfolio STAMFORD, CT 361,399361.4k $210.3k $210.3k 0.00% New
23 Atria Investments, Inc 0.00% of their portfolio Charlotte, NC 282,281282.3k $164.2k $164.2k 0.00% Added +29.0k +29,025
24 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 262,820262.8k $152.4k $152.4k 0.00% Added +28.0k +27,954
25 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 260,793260.8k $151.7k $151.7k 0.00% New
26 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 255,574255.6k $148.7k $148.7k 0.00% Reduced -792.2k -792,182
27 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 246,161246.2k $143.2k $143.2k 0.00% Reduced -130.2k -130,206
28 Sender Co & Partners, Inc. 0.06% of their portfolio NEW YORK, NY 238,231238.2k $138.6k $138.6k 0.06% Added +107.9k +107,911
29 Virtu Financial LLC 0.01% of their portfolio New York, NY 207,640207.6k $121.0k $121.0k 0.01% New
30 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 206,405206.4k $120.1k $120.1k 0.00% Added +67.2k +67,178
31 Quantinno Capital Management LP 0.00% of their portfolio NEW YORK, NY 200,000200.0k $116.4k $116.4k 0.00% Added +100.0k +100,000
32 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 190,115190.1k $111.0k $111.0k 0.00% Reduced -63.1k -63,065
33 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 185,669185.7k $107.9k $107.9k 0.00% Added +9.6k +9,637
34 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 175,820175.8k $102.0k $102.0k 0.00% New
35 SeaCrest Wealth Management, LLC 0.01% of their portfolio PURCHASE, NY 165,000165.0k $96.0k $96.0k 0.01% Added +27.0k +27,000
36 Y-Intercept (Hong Kong) Ltd 0.00% of their portfolio HONG KONG, K3 154,025154.0k $89.6k $89.6k 0.00% New
37 INDEPENDENT FINANCIAL GROUP, LLC 0.00% of their portfolio SAN DIEGO, CA 154,000154.0k $89.6k $89.6k 0.00% Unchanged
38 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 139,365139.4k $81.1k $81.1k 0.00% Reduced -204 -204
39 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 139,300139.3k $81.0k $81.0k 0.00% Unchanged
40 Jain Global LLC 0.00% of their portfolio NEW YORK, NY 131,609131.6k $76.6k $76.6k 0.00% New
41 GROUP ONE TRADING LLC 0.00% of their portfolio CHICAGO, IL 117,582117.6k $68.4k $68.4k 0.00% Added +94.3k +94,264
42 Gladstone Institutional Advisory LLC 0.00% of their portfolio Bedminster, NJ 114,376114.4k $66.5k $66.5k 0.00% Added +24.0k +24,000
43 TME FINANCIAL, INC. 0.05% of their portfolio Huntington Beach, CA 108,952109.0k $63.4k $63.4k 0.05% Unchanged
44 Alpine Global Management, LLC 0.01% of their portfolio NEW YORK, NY 100,000100.0k $58.2k $58.2k 0.01% Reduced -50.0k -50,000
45 Kovack Advisors, Inc. 0.01% of their portfolio FT. LAUDERDALE, FL 100,000100.0k $58.2k $58.2k 0.01% Unchanged
46 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 95,81195.8k $55.7k $55.7k 0.00% Added +11.4k +11,450
47 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 93,72693.7k $54.5k $54.5k 0.00% Added +2.1k +2,076
48 Point72 Asia (Singapore) Pte. Ltd. 0.01% of their portfolio SINGAPORE, U0 92,36092.4k $53.7k $53.7k 0.01% New
49 Weaver Consulting Group 0.01% of their portfolio HUNTINGTON BEACH, CA 87,28687.3k $50.8k $50.8k 0.01% Reduced -1.6k -1,552
50 XTX Topco Ltd 0.00% of their portfolio LONDON, X0 84,77884.8k $49.3k $49.3k 0.00% New
51 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 78,17078.2k $45.5k $45.5k 0.00% New
52 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 73,51573.5k $42.8k $42.8k 0.00% Reduced -6.8k -6,825
53 KESTRA PRIVATE WEALTH SERVICES, LLC 0.00% of their portfolio AUSTIN, TX 65,70165.7k $38.2k $38.2k 0.00% Unchanged
54 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 65,00065.0k $37.8k $37.8k 0.00% Reduced -310.3k -310,291
55 Catalyst Funds Management Pty Ltd 0.01% of their portfolio SYDNEY NSW, C3 61,40061.4k $35.7k $35.7k 0.01% New
56 Segment Wealth Management, LLC 0.00% of their portfolio HOUSTON, TX 60,00060.0k $34.9k $34.9k 0.00% Unchanged
57 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 57,07557.1k $33.2k $33.2k 0.00% New
58 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 44,62144.6k $26.0k $26.0k 0.00% Reduced -44.3k -44,278
59 RFG Advisory, LLC 0.00% of their portfolio BIRMINGHAM, AL 41,60941.6k $24.2k $24.2k 0.00% New
60 apricus wealth, LLC 0.01% of their portfolio BEAUFORT, SC 40,00040.0k $23.3k $23.3k 0.01% New
61 FNY Investment Advisers, LLC 0.01% of their portfolio NEW YORK, NY 36,76936.8k $21.0k $21.0k 0.01% Added +17.1k +17,089
62 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 35,86035.9k $20.9k $20.9k 0.00% Added +17.9k +17,884
63 Jump Financial, LLC 0.00% of their portfolio Chicago, IL 33,82633.8k $19.7k $19.7k 0.00% New
64 Hudson Bay Capital Management LP 0.00% of their portfolio STAMFORD, CT 33,08833.1k $19.3k $19.3k 0.00% New
65 Keystone Financial Group 0.00% of their portfolio LEXINGTON, KY 32,00032.0k $18.6k $18.6k 0.00% New
66 Chung Wu Investment Group, LLC 0.02% of their portfolio SUGAR LAND, TX 30,00030.0k $17.5k $17.5k 0.02% New
67 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 27,85027.9k $16.0k $16.0k 0.00% Reduced -1.4m -1,395,438
68 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 27,82027.8k $16.2k $16.2k 0.00% Added +5.4k +5,379
69 Siligmueller & Norvid Wealth Advisors LLC 0.01% of their portfolio GLEN ELLYN, IL 26,00026.0k $15.6k $15.6k 0.01% Unchanged
70 Lido Advisors, LLC 0.00% of their portfolio Los Angeles, CA 24,02124.0k $14.0k $14.0k 0.00% Unchanged
71 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 22,53822.5k $13.1k $13.1k 0.00% Added +1.2k +1,209
72 Sheets Smith Investment Management 0.01% of their portfolio HOUSTON, TX 22,33822.3k $13.0k $13.0k 0.01% Unchanged
73 Pinnacle Financial Partners Inc 0.00% of their portfolio Nashville, TN 20,00020.0k $11.6k $11.6k 0.00% New
74 Trivium Point Advisory, LLC 0.00% of their portfolio WILTON, CT 20,00020.0k $11.6k $11.6k 0.00% Unchanged
75 Charter Oak Capital Management, LLC 0.00% of their portfolio PORTSMOUTH, NH 20,00020.0k $11.6k $11.6k 0.00% Unchanged
76 Engineers Gate Manager LP 0.00% of their portfolio NEW YORK, NY 19,83719.8k $11.5k $11.5k 0.00% Unchanged
77 Trek Financial, LLC 0.00% of their portfolio Scottsdale, AZ 18,42218.4k $10.7k $10.7k 0.00% Added +1.9k +1,900
78 ACT Advisors, LLC. 0.00% of their portfolio ASHEVILLE, NC 18,25618.3k $10.6k $10.6k 0.00% New
79 R Squared Ltd 0.01% of their portfolio HONG KONG, K3 18,20718.2k $10.6k $10.6k 0.01% Not comparable
80 Gradient Investments LLC 0.00% of their portfolio ARDEN HILLS, MN 17,37717.4k $10.1k $10.1k 0.00% Reduced -6.4k -6,432
81 Heritage Financial Services, LLC 0.00% of their portfolio Westwood, MA 17,19617.2k $10.0k $10.0k 0.00% Unchanged
82 TWO SIGMA SECURITIES, LLC 0.00% of their portfolio NEW YORK, NY 16,22816.2k $9.4k $9.4k 0.00% Added +1.6k +1,635
83 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 15,84615.8k $9.6k $9.6k 0.00% New
84 Crescent Grove Advisors, LLC 0.00% of their portfolio LAKE FOREST, IL 15,00015.0k $8.7k $8.7k 0.00% Unchanged
85 Acorn Wealth Advisors, LLC 0.00% of their portfolio Grand Blanc, MI 15,00015.0k $8.7k $8.7k 0.00% Unchanged
86 Unique Wealth Strategies, LLC 0.00% of their portfolio BURR RIDGE, IL 15,00015.0k $8.7k $8.7k 0.00% Unchanged
87 Vanguard Personalized Indexing Management, LLC 0.00% of their portfolio OAKLAND, CA 14,99715.0k $8.7k $8.7k 0.00% Added +3.1k +3,105
88 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 14,38914.4k $8.4k $8.4k 0.00% Unchanged
89 ExodusPoint Capital Management, LP 0.00% of their portfolio NEW YORK, NY 14,07314.1k $8.0k $8.0k 0.00% New
90 CITY NATIONAL BANK OF FLORIDA /MSD 0.01% of their portfolio CORAL GABLES, FL 13,51313.5k $7.9k $7.9k 0.01% Unchanged
91 Simplicity Wealth,LLC 0.00% of their portfolio SUMMIT, NJ 13,51313.5k $7.9k $7.9k 0.00% Unchanged
92 NWAM LLC 0.00% of their portfolio MERCER ISLAND, WA 12,00012.0k $5.8k $5.8k 0.00% Added +1.5k +1,500
93 Coyle Financial Counsel LLC 0.00% of their portfolio Glenview, IL 11,16511.2k $6.5k $6.5k 0.00% Reduced -392 -392
94 Scientech Research LLC 0.00% of their portfolio JERSEY CITY, NJ 11,12711.1k $6.5k $6.5k 0.00% New
95 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 11,07411.1k $6.4k $6.4k 0.00% Reduced -501 -501
96 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 10,80710.8k $6.3k $6.3k 0.00% Reduced -62.9k -62,897
97 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 10,72010.7k $6.0k $6.0k 0.00% Added +2.6k +2,580
98 Envestnet Portfolio Solutions, Inc. 0.00% of their portfolio BERWYN, PA 10,53510.5k $6.1k $6.1k 0.00% New
99 PFG Investments, LLC 0.00% of their portfolio WOODBURY, NY 10,29310.3k $6.0k $6.0k 0.00% Unchanged
100 VAUGHAN DAVID INVESTMENTS LLC/IL 0.00% of their portfolio PEORIA, IL 10,00010.0k $6.0k $6.0k 0.00% Unchanged