Vault-13

VIVID SEATS INC

COM CL A · CUSIP 92854T100

135 institutional holders +7 vs Q4 2024
108,742,553108.7m shares reported held*
$321.9mreported value*
20 new 38 added 48 reduced 12 sold out net sold ≈ $23.0m (-7.8m 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 ($2.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $2.96. Options: 8 managers hold calls ($1.0m notional), 5 hold puts ($1.7m).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 87Q4 22: 83Q1 23: 82Q2 23: 122Q3 23: 121Q4 23: 148Q1 24: 135Q2 24: 131Q3 24: 129Q4 24: 128Q1 25: 135135Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 202287
Q4 202283
Q1 202382
Q2 2023122
Q3 2023121
Q4 2023148
Q1 2024135
Q2 2024131
Q3 2024129
Q4 2024128
Q1 2025135

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 23: 82 bought or addedQ2 23: 31 cut or sold outQ3 23: 66 bought or addedQ3 23: 60 cut or sold outQ3 23Q4 23: 105 bought or addedQ4 23: 43 cut or sold outQ1 24: 92 bought or addedQ1 24: 66 cut or sold outQ1 24Q2 24: 73 bought or addedQ2 24: 62 cut or sold outQ3 24: 71 bought or addedQ3 24: 58 cut or sold outQ3 24Q4 24: 62 bought or addedQ4 24: 67 cut or sold outQ1 25: 58 bought or addedQ1 25: 60 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20238231
Q3 20236660
Q4 202310543
Q1 20249266
Q2 20247362
Q3 20247158
Q4 20246267
Q1 20255860

Calls vs puts

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

CallsPuts
$0$5m$10m$15mQ2 24 calls: $855.4kQ2 24 puts: $14.3mQ2 24P/C 16.69Q3 24 calls: $672.9kQ3 24 puts: $7.0mQ3 24P/C 10.33Q4 24 calls: $8.1mQ4 24 puts: $2.5mQ4 24P/C 0.30Q1 25 calls: $1.0mQ1 25 puts: $1.7mQ1 25P/C 1.60
Numbers
QuarterCallsPutsP/C
Q2 2024$855.4k$14.3m16.69
Q3 2024$672.9k$7.0m10.33
Q4 2024$8.1m$2.5m0.30
Q1 2025$1.0m$1.7m1.60

Biggest buyers

Boston Partners Added +2,697,796+2.7m
Emeth Value Capital, LLC Added +976,362+976.4k
BANK OF AMERICA CORP /DE/ Added +891,985+892.0k
DIMENSIONAL FUND ADVISORS LP Added +585,900+585.9k
Russell Investments Group, Ltd. Added +428,047+428.0k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +355,579+355.6k
JANE STREET GROUP, LLC New +334,577+334.6k
Clearline Capital LP Added +255,337+255.3k
Private Capital Management, LLC Added +201,620+201.6k
LPL Financial LLC Added +198,539+198.5k

Biggest sellers

JANUS HENDERSON GROUP PLC Reduced -2,781,677-2.8m
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ Reduced -2,253,849-2.3m
VANGUARD GROUP INC Reduced -1,918,314-1.9m
Granahan Investment Management, LLC Reduced -1,258,118-1.3m
HARBOR CAPITAL ADVISORS, INC. Reduced -1,211,358-1.2m
JPMORGAN CHASE & CO Reduced -851,388-851.4k
Prospect Capital Advisors, LLC Sold out -800,000-800.0k
GOLDMAN SACHS GROUP INC Reduced -633,411-633.4k
CenterBook Partners LP Reduced -533,256-533.3k
ArrowMark Colorado Holdings LLC Reduced -491,933-491.9k

Biggest calls

JANE STREET GROUP, LLC Added $621.3k209.9k shares
GROUP ONE TRADING LLC New $180.3k60.9k shares
Private Capital Management, LLC Reduced $118.4k40.0k shares
WOLVERINE TRADING, LLC New $50.4k17.2k shares
CITADEL ADVISORS LLC Reduced $40.0k13.5k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $34.3k11.6k shares
SIMPLEX TRADING, LLC Reduced $3.0k1.1k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

GROUP ONE TRADING LLC Added $1.1m379.7k shares
SIMPLEX TRADING, LLC Added $392.0k132.7k shares
CITADEL ADVISORS LLC Added $124.9k42.2k shares
WOLVERINE TRADING, LLC New $33.7k11.5k 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.

HolderStakeChangeShares Last filed
Emeth Value Capital, LLC 13G · institution -0.8 pts · filed 2026-02-04 5.1% -0.8 pts 556.9k 2026-02-04

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 SECURITY BENEFIT LIFE INSURANCE CO /KS/ 48.58% of their portfolio TOPEKA, KS 43,842,09543.8m $129.8m $129.8m 48.58% Unchanged
2 FMR LLC 0.00% of their portfolio BOSTON, MA 6,530,3466.5m $19.3m $19.3m 0.00% Reduced -30.6k -30,625
3 Emeth Value Capital, LLC 15.82% of their portfolio NEW ORLEANS, LA 5,997,8546.0m $17.8m $17.8m 15.82% Added +976.4k +976,362
4 BlackRock, Inc. 0.00% of their portfolio New York, NY 5,870,0005.9m $17.4m $17.4m 0.00% Reduced -92.3k -92,326
5 Private Capital Management, LLC 1.73% of their portfolio NAPLES, FL 5,258,1295.3m $15.5m $15.5m 1.73% Added +201.6k +201,620
6 Boston Partners 0.02% of their portfolio BOSTON, MA 4,461,8314.5m $13.2m $13.2m 0.02% Added +2.7m +2,697,796
7 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 2,979,3133.0m $8.8m $8.8m 0.00% Reduced -1.9m -1,918,314
8 Granahan Investment Management, LLC 0.31% of their portfolio WALTHAM, MA 2,123,0802.1m $6.3m $6.3m 0.31% Reduced -1.3m -1,258,118
9 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 2,046,7922.0m $6.1m $6.1m 0.00% Added +38.6k +38,564
10 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 2,007,6942.0m $5.9m $5.9m 0.00% Added +52.9k +52,900
11 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio Boston, MA 1,918,4341.9m $5.7m $5.7m 0.00% Reduced -2.3m -2,253,849
12 Clearbridge Investments, LLC 0.00% of their portfolio NEW YORK, NY 1,682,1621.7m $5.0m $5.0m 0.00% Reduced -438.3k -438,281
13 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,650,8221.7m $4.9m $4.9m 0.00% Added +892.0k +891,985
14 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 1,594,3171.6m $4.7m $4.7m 0.00% Added +585.9k +585,900
15 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,562,2181.6m $4.6m $4.6m 0.00% Reduced -25.1k -25,055
16 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 1,354,4661.4m $4.0m $4.0m 0.01% Added +428.0k +428,047
17 HARBOR CAPITAL ADVISORS, INC. 0.18% of their portfolio CHICAGO, IL 1,332,9701.3m $3.9m $3.9m 0.18% Reduced -1.2m -1,211,358
18 ArrowMark Colorado Holdings LLC 0.06% of their portfolio Denver, CO 1,303,4621.3m $3.9m $3.9m 0.06% Reduced -491.9k -491,933
19 Invenomic Capital Management LP 0.19% of their portfolio BOSTON, MA 1,292,0941.3m $3.8m $3.8m 0.19% Reduced -303.1k -303,130
20 Silver Rock Financial LP 4.72% of their portfolio Los Angeles, CA 1,138,8961.1m $3.4m $3.4m 4.72% Unchanged
21 Clearline Capital LP 0.29% of their portfolio NEW YORK, NY 986,937986.9k $2.9m $2.9m 0.29% Added +255.3k +255,337
22 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 889,218889.2k $2.6m $2.6m 0.00% Reduced -47.4k -47,409
23 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 885,865885.9k $2.6m $2.6m 0.00% Reduced -633.4k -633,411
24 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 721,958722.0k $2.1m $2.1m 0.00% Reduced -19.8k -19,764
25 Visualize Group LP 0.70% of their portfolio NEW YORK, NY 718,676718.7k $2.1m $2.1m 0.70% Unchanged
26 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 714,314714.3k $2.1m $2.1m 0.00% Reduced -21.8k -21,768
27 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 607,909607.9k $1.8m $1.8m 0.00% Added +355.6k +355,579
28 Anson Funds Management LP 0.39% of their portfolio DALLAS, TX 550,000550.0k $1.6m $1.6m 0.39% Reduced -73.8k -73,828
29 UBS Group AG 0.00% of their portfolio ZURICH, V8 511,855511.9k $1.5m $1.5m 0.00% Added +82.3k +82,284
30 Huber Capital Management LLC 0.27% of their portfolio EL SEGUNDO, CA 476,386476.4k $1.4m $1.4m 0.27% Reduced -307.0k -307,007
31 GROUP ONE TRADING LLC 0.05% of their portfolio CHICAGO, IL 365,842365.8k $1.1m $1.1m 0.05% Added +85.8k +85,808
32 CenterBook Partners LP 0.06% of their portfolio GREENWICH, CT 338,767338.8k $1.0m $1.0m 0.06% Reduced -533.3k -533,256
33 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 334,577334.6k $990.3k $990.3k 0.00% New
34 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 289,748289.7k $857.7k $857.7k 0.00% Reduced -5.0k -5,033
35 SIMPLEX TRADING, LLC 0.03% of their portfolio CHICAGO, IL 275,661275.7k $815.0k $815.0k 0.03% Added +120.2k +120,193
36 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 245,907245.9k $727.9k $727.9k 0.00% Added +198.5k +198,539
37 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 208,637208.6k $617.6k $617.6k 0.00% Reduced -8.2k -8,235
38 MOORE CAPITAL MANAGEMENT, LP 0.02% of their portfolio NEW YORK, NY 200,000200.0k $592.0k $592.0k 0.02% Unchanged
39 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 180,358180.4k $533.9k $533.9k 0.00% Added +35.1k +35,080
40 Covalent Partners LLC 3.94% of their portfolio CONCORD, MA 175,000175.0k $518.0k $518.0k 3.94% Reduced -125.0k -125,000
41 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 173,780173.8k $509.2k $509.2k 0.00% Reduced -2.8m -2,781,677
42 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 159,476159.5k $472.0k $472.0k 0.00% Reduced -12.9k -12,886
43 EQUITABLE TRUST CO 0.03% of their portfolio NASHVILLE, TN 156,260156.3k $462.5k $462.5k 0.03% Added +22.8k +22,775
44 WINTON GROUP Ltd 0.03% of their portfolio LONDON, X0 153,039153.0k $453.0k $453.0k 0.03% Added +107.8k +107,829
45 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 146,372146.4k $433.3k $433.3k 0.00% Added +56.8k +56,832
46 STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio MADISON, WI 126,844126.8k $375.5k $375.5k 0.00% Reduced -22.3k -22,269
47 Swiss National Bank 0.00% of their portfolio ZURICH, V8 114,700114.7k $339.5k $339.5k 0.00% Reduced -13.7k -13,700
48 ASHTON THOMAS SECURITIES, LLC 0.09% of their portfolio ROCHESTER, NY 113,457113.5k $335.8k $335.8k 0.09% Added +34.9k +34,931
49 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 110,966111.0k $328.5k $328.5k 0.00% First filing
50 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 105,194105.2k $311.4k $311.4k 0.00% Added +16.5k +16,548
51 Shellback Capital, LP 0.03% of their portfolio Boston, MA 100,000100.0k $296.0k $296.0k 0.03% Unchanged
52 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 98,29998.3k $291.0k $291.0k 0.00% Reduced -68.4k -68,398
53 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 96,19796.2k $284.7k $284.7k 0.00% Reduced -40.0k -39,984
54 TEACHER RETIREMENT SYSTEM OF TEXAS 0.00% of their portfolio AUSTIN, TX 93,93093.9k $278.0k $278.0k 0.00% Added +26.4k +26,441
55 ExodusPoint Capital Management, LP 0.00% of their portfolio NEW YORK, NY 87,62787.6k $259.0k $259.0k 0.00% Added +41.6k +41,595
56 Penn Capital Management Company, LLC 0.02% of their portfolio PHILADELPHIA, PA 80,07980.1k $237.0k $237.0k 0.02% Added +67.9k +67,929
57 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 80,05080.0k $236.9k $236.9k 0.00% Unchanged
58 TWO SIGMA SECURITIES, LLC 0.03% of their portfolio NEW YORK, NY 70,79770.8k $209.6k $209.6k 0.03% New
59 Legal & General Group Plc 0.00% of their portfolio London, X0 67,86367.9k $200.9k $200.9k 0.00% Unchanged
60 EXCHANGE TRADED CONCEPTS, LLC 0.00% of their portfolio Oklahoma City, OK 65,72665.7k $194.5k $194.5k 0.00% Reduced -57.7k -57,686
61 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 64,35664.4k $190.5k $190.5k 0.00% Reduced -9.3k -9,292
62 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 61,91961.9k $183.3k $183.3k 0.00% Unchanged
63 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 61,19061.2k $181.1k $181.1k 0.00% Reduced -289.6k -289,578
64 Plan Group Financial, LLC 0.06% of their portfolio OKLAHOMA CITY, OK 59,05159.1k $174.8k $174.8k 0.06% Added +23.7k +23,721
65 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 58,36558.4k $172.8k $172.8k 0.00% Reduced -6.9k -6,945
66 INTECH INVESTMENT MANAGEMENT LLC 0.00% of their portfolio WEST PALM BEACH, FL 58,11058.1k $172.0k $172.0k 0.00% Added +19.3k +19,331
67 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 53,90953.9k $159.6k $159.6k 0.00% Added +1.5k +1,537
68 State of Wyoming 0.02% of their portfolio CHEYENNE, WY 52,22052.2k $154.6k $154.6k 0.02% New
69 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 51,68251.7k $152.0k $152.0k 0.00% Added +5.8k +5,786
70 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 50,00050.0k $148.0k $148.0k 0.00% New
71 XTX Topco Ltd 0.01% of their portfolio LONDON, X0 46,98347.0k $139.1k $139.1k 0.01% New
72 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 45,87945.9k $135.8k $135.8k 0.00% Added +1.9k +1,950
73 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 45,27945.3k $134.0k $134.0k 0.00% Added +7.9k +7,866
74 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 44,44844.4k $131.6k $131.6k 0.00% Added +18.8k +18,818
75 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 40,93540.9k $121.2k $121.2k 0.00% Reduced -851.4k -851,388
76 Corebridge Financial, Inc. 0.00% of their portfolio HOUSTON, TX 37,81637.8k $111.9k $111.9k 0.00% Reduced -561 -561
77 Mariner, LLC 0.00% of their portfolio Overland Park, KS 37,49437.5k $111.0k $111.0k 0.00% New
78 Impact Investors, Inc 0.08% of their portfolio SAN FRANCISCO, CA 36,55836.6k $108.2k $108.2k 0.08% Added +520 +520
79 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 34,80934.8k $104.0k $104.0k 0.00% Added +5.6k +5,558
80 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 34,69134.7k $102.7k $102.7k 0.00% Unchanged
81 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 34,44734.4k $102.0k $102.0k 0.00% Reduced -61.9k -61,949
82 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 29,63829.6k $88.0k $88.0k 0.00% Reduced -7.4k -7,427
83 Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio VANCOUVER, A1 28,88128.9k $85.5k $85.5k 0.00% Reduced -178.2k -178,175
84 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 28,45628.5k $84.2k $84.2k 0.00% Reduced -1.0k -1,019
85 Verition Fund Management LLC 0.00% of their portfolio GREENWICH, CT 26,89526.9k $79.6k $79.6k 0.00% New
86 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 25,65725.7k $75.9k $75.9k 0.00% Reduced -6.6k -6,627
87 JOHNSON INVESTMENT COUNSEL INC 0.00% of their portfolio Cincinnati, OH 23,69123.7k $70.1k $70.1k 0.00% New
88 WOLVERINE TRADING, LLC 0.00% of their portfolio CHICAGO, IL 22,60022.6k $66.2k $66.2k 0.00% Added +4.1k +4,071
89 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 21,35421.4k $63.2k $63.2k 0.00% Reduced -731 -731
90 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 21,03021.0k $62.2k $62.2k 0.00% Reduced -1.9k -1,899
91 DekaBank Deutsche Girozentrale 0.00% of their portfolio FRANKFURT, 2M 20,68320.7k $124.0k $124.0k 0.00% Unchanged
92 Numerai GP LLC 0.01% of their portfolio SAN FRANCISCO, CA 20,30320.3k $60.1k $60.1k 0.01% New
93 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 19,51019.5k $57.7k $57.7k 0.00% Reduced -13.5k -13,542
94 M&T Bank Corp 0.00% of their portfolio BUFFALO, NY 18,48418.5k $54.6k $54.6k 0.00% Reduced -181.4k -181,444
95 SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.00% of their portfolio BALA CYNWYD, PA 18,41918.4k $54.5k $54.5k 0.00% New
96 CIBC WORLD MARKETS CORP 0.00% of their portfolio NEW YORK, NY 17,12817.1k $50.7k $50.7k 0.00% New
97 ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio PHOENIX, AZ 16,95517.0k $50.2k $50.2k 0.00% Reduced -2.2k -2,153
98 ProShare Advisors LLC 0.00% of their portfolio BETHESDA, MD 16,70916.7k $49.5k $49.5k 0.00% Reduced -5.0k -5,030
99 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 16,61416.6k $49.2k $49.2k 0.00% Unchanged
100 Caption Management, LLC 0.00% of their portfolio OKLAHOMA CITY, OK 15,94415.9k $47.2k $47.2k 0.00% New