Vault-13

VSEE HEALTH INC

COM · CUSIP 92919Y102

13 institutional holders -3 vs Q4 2025
4,435,2304.4m shares reported held*
$1.1mreported value*
4 new 2 added 2 reduced 8 sold out net bought ≈ $802.6k (+3.2m 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. Holder counts are more reliable. Implied quarter-end price ≈ $0.25.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

01020Q2 24: 1Q3 24: 6Q4 24: 11Q1 25: 12Q2 25: 12Q3 25: 13Q4 25: 16Q1 26: 1313Q2 24Q4 24Q2 25Q4 25Q1 26
Numbers
QuarterHolders
Q2 20241
Q3 20246
Q4 202411
Q1 202512
Q2 202512
Q3 202513
Q4 202516
Q1 202613

Buyers vs sellers

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

Bought or addedCut or sold out
10010Q3 24: 5 bought or addedQ3 24: 0 cut or sold outQ3 24Q4 24: 8 bought or addedQ4 24: 1 cut or sold outQ1 25: 7 bought or addedQ1 25: 4 cut or sold outQ1 25Q2 25: 5 bought or addedQ2 25: 5 cut or sold outQ3 25: 8 bought or addedQ3 25: 5 cut or sold outQ3 25Q4 25: 10 bought or addedQ4 25: 4 cut or sold outQ1 26: 6 bought or addedQ1 26: 10 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q3 202450
Q4 202481
Q1 202574
Q2 202555
Q3 202585
Q4 2025104
Q1 2026610

Biggest buyers

ARMISTICE CAPITAL, LLC New +3,498,227+3.5m
GEODE CAPITAL MANAGEMENT, LLC Added +358,164+358.2k
Cygnus Capital Advisors, LLC New +120,000+120.0k
XTX Topco Ltd New +53,216+53.2k
UBS Group AG Added +7,861+7.9k
SBI Securities Co., Ltd. New +1+1

Biggest sellers

HB Wealth Management, LLC Sold out -602,652-602.7k
OSAIC HOLDINGS, INC. Sold out -72,670-72.7k
JANE STREET GROUP, LLC Sold out -43,212-43.2k
Virtu Financial LLC Reduced -37,261-37.3k
TWO SIGMA SECURITIES, LLC Sold out -36,746-36.7k
Vanguard Personalized Indexing Management, LLC Sold out -22,420-22.4k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -11,354-11.4k
Tower Research Capital LLC (TRC) Reduced -559-559
BANK OF AMERICA CORP /DE/ Sold out -67-67
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Sold out -20-20

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
ARMISTICE CAPITAL, LLC 13G · institution -2.7 pts · filed 2026-08-14 7.3% -2.7 pts 4.1m≈ $471.5k 2026-08-14

Fell to 5% or below in the last year: Alta Partners LLC (2.0%, 2026-02-23), Dominion Capital LLC (3.0%, 2026-02-03), Sands Lawrence M. (2.9%, 2025-12-04)

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ARMISTICE CAPITAL, LLC 0.03% of their portfolio NEW YORK, NY 3,498,2273.5m $874.6k $874.6k 0.03% New
2 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 437,599437.6k $109.4k $109.4k 0.00% Added +358.2k +358,164
3 VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio MALVERN, PA 213,716213.7k $53.4k $53.4k 0.00% First filing
4 Cygnus Capital Advisors, LLC 0.02% of their portfolio ATLANTA, GA 120,000120.0k $30.0k $30.0k 0.02% New
5 XTX Topco Ltd 0.00% of their portfolio LONDON, X0 53,21653.2k $13.3k $13.3k 0.00% New
6 UBS Group AG 0.00% of their portfolio ZURICH, V8 35,16035.2k $8.8k $8.8k 0.00% Added +7.9k +7,861
7 Virtu Financial LLC 0.00% of their portfolio New York, NY 29,22829.2k $7.0k $7.0k 0.00% Reduced -37.3k -37,261
8 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 18,90018.9k $4.7k $4.7k 0.00% Unchanged
9 Wealthcare Advisory Partners LLC 0.00% of their portfolio WEST CHESTER, PA 14,09814.1k $3.5k $3.5k 0.00% Unchanged
10 CWM, LLC 0.00% of their portfolio OMAHA, NE 8,3168.3k $2.1k $2.1k 0.00% Unchanged
11 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 4,5984.6k $1.1k $1.1k 0.00% Reduced -559 -559
12 VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio MALVERN, PA 2,1712.2k $543 $543 0.00% First filing
13 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 11 $0 $0 0.00% New