Vault-13

PERCEPTIVE CAP SOLUTIONS COR FRNM

CL A ORD SHS · Common Stock · CUSIP G70077105

37 institutional holders +2 vs Q1 2025
8,343,9178.3m shares reported held*
$88.6mreported value*
3 new 5 added 5 reduced 1 sold out net sold ≈ $697.3k (-65.7k 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 ≈ $10.62.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

02040Q2 24: 33Q3 24: 33Q4 24: 35Q1 25: 35Q2 25: 3737Q2 24Q3 24Q4 24Q1 25Q2 25
Numbers
QuarterHolders
Q2 202433
Q3 202433
Q4 202435
Q1 202535
Q2 202537

Buyers vs sellers

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

Bought or addedCut or sold out
10010Q3 24: 7 bought or addedQ3 24: 7 cut or sold outQ3 24Q4 24: 9 bought or addedQ4 24: 9 cut or sold outQ4 24Q1 25: 7 bought or addedQ1 25: 7 cut or sold outQ1 25Q2 25: 8 bought or addedQ2 25: 6 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 202477
Q4 202499
Q1 202577
Q2 202586

Biggest buyers

TORONTO DOMINION BANK Added +26,276+26.3k
Rangeley Capital, LLC New +20,000+20.0k
BERKLEY W R CORP New +15,913+15.9k
Sculptor Capital LP Added +2,243+2.2k
BARDIN HILL MANAGEMENT PARTNERS LP New +1,159+1.2k
Decagon Asset Management LLP Added +785+785
FNY Investment Advisers, LLC Added +170+170
MORGAN STANLEY Added +38+38

Biggest sellers

Shaolin Capital Management LLC Reduced -50,000-50.0k
FIFTH LANE CAPITAL, LP Reduced -30,063-30.1k
Centiva Capital, LP Sold out -27,900-27.9k
Schonfeld Strategic Advisors LLC Reduced -17,659-17.7k
GLAZER CAPITAL, LLC Reduced -4,966-5.0k
UBS Group AG Reduced -1,651-1.7k

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
ROCHE HOLDINGS INC 13G · exempt (held before listing) new · filed 2026-09-01 17.4% new 18.7m 2026-09-01
PERCEPTIVE ADVISORS LLC 13G · passive investor new · filed 2026-07-23 10.1% new 10.9m 2026-07-23
One Fin Capital Management LP 13G · institution +2.7 pts · filed 2026-05-15 9.5% +2.7 pts 843.5k≈ $9.2m 2026-05-15
RA CAPITAL MANAGEMENT, L.P. 13D · may seek influence new · filed 2025-12-12
Stated purposeThe Reporting Persons initially acquired the Class A ordinary shares reported herein for investment purposes and not with an intent, purpose or effect of changing control of the Issuer, and such acquisitions were made in the Reporting Persons' ordinary course of business. The Reporting Persons filed an initial Schedule 13G on June 24, 2024 (the "Schedule 13G"). On December 5, 2025, Perceptive Capital Solutions Corp, a Cayman Islands exempted company ("PCSC"), StarNet Merger Sub I, Corp., a Delaware corporation and a wholly-owned subsidiary of PCSC ("Merger Sub I"), StarNet Merger Sub II, LLC, a Delaware limited liability company and a wholly-owned subsidiary of PCSC ("Merger Sub II"), and Freenome Holdings, Inc., a Delaware corporation ("Freenome"), entered into a Business Combination Agr… Full filing
 8.4% new 750.0k≈ $8.2m 2025-12-12
Holocene Advisors, LP 13G · institution new · filed 2026-02-17 7.0% new 625.2k≈ $6.8m 2026-02-17
Aberdeen Group plc 13G · institution new · filed 2026-04-28 6.5% new 578.6k≈ $6.3m 2026-04-28
Point72 Asset Management, L.P. 13G · passive investor new · filed 2026-07-08 5.7% new 465.0k≈ $5.1m 2026-07-08
AH Bio Fund I, L.P. 13G · passive investor new · filed 2026-07-27 5.2% new 5.6m 2026-07-27

Fell to 5% or below in the last year: HIGHBRIDGE CAPITAL MANAGEMENT LLC (0.0%, 2026-08-14), IPConcept (Luxemburg) S.A. (0.0%, 2026-08-12), 683 Capital Management, LLC (0.0%, 2026-08-12), BIT Capital GmbH (1.2%, 2026-08-05), DING CHUN R (1.3%, 2026-05-13), Venrock Healthcare Capital Partners III, L.P. (0.0%, 2026-02-17), Commodore Capital LP (0.0%, 2026-02-17), ADAR1 Capital Management, LLC (5.1%, 2026-02-17)

Insider purchases and sales in Q2 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 Q2 2025.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 RA CAPITAL MANAGEMENT, L.P. 0.13% of their portfolio BOSTON, MA 750,000750.0k $8.0m $8.0m 0.13% Unchanged
2 Venrock Adviser, LLC 0.60% of their portfolio NEW YORK, NY 750,000750.0k $8.0m $8.0m 0.60% Unchanged
3 Commodore Capital LP 0.56% of their portfolio NEW YORK, NY 750,000750.0k $8.0m $8.0m 0.56% Unchanged
4 ADAR1 Capital Management, LLC 1.29% of their portfolio AUSTIN, TX 750,000750.0k $8.0m $8.0m 1.29% Unchanged
5 RTW INVESTMENTS, LP 0.11% of their portfolio NEW YORK, NY 742,500742.5k $7.9m $7.9m 0.11% Unchanged
6 683 Capital Management, LLC 0.54% of their portfolio NEW YORK, NY 500,000500.0k $5.3m $5.3m 0.54% Unchanged
7 Sculptor Capital LP 0.07% of their portfolio New York, NY 415,090415.1k $4.4m $4.4m 0.07% Added +2.2k +2,243
8 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.22% of their portfolio WEST PALM BEACH, FL 381,540381.5k $4.1m $4.1m 0.22% Unchanged
9 Decagon Asset Management LLP 3.02% of their portfolio LONDON, X0 363,631363.6k $3.9m $3.9m 3.02% Added +785 +785
10 Affinity Asset Advisors, LLC 0.55% of their portfolio NEW YORK, NY 350,000350.0k $3.7m $3.7m 0.55% Unchanged
11 HARBERT FUND ADVISORS, LLC 9.56% of their portfolio Birmingham, AL 300,000300.0k $3.2m $3.2m 9.56% Unchanged
12 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 250,000250.0k $2.7m $2.7m 0.00% Unchanged
13 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 200,205200.2k $2.1m $2.1m 0.00% Added +26.3k +26,276
14 Point72 Asset Management, L.P. 0.01% of their portfolio STAMFORD, CT 200,000200.0k $2.1m $2.1m 0.01% Unchanged
15 Shaolin Capital Management LLC 0.09% of their portfolio Miami, FL 200,000200.0k $2.1m $2.1m 0.09% Reduced -50.0k -50,000
16 Schonfeld Strategic Advisors LLC 0.02% of their portfolio NEW YORK, NY 187,600187.6k $2.0m $2.0m 0.02% Reduced -17.7k -17,659
17 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio HARRISBURG, PA 157,211157.2k $1.7m $1.7m 0.01% Unchanged
18 STEMPOINT CAPITAL LP 0.51% of their portfolio NEW YORK, NY 150,000150.0k $1.6m $1.6m 0.51% Unchanged
19 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 123,838123.8k $1.3m $1.3m 0.00% Unchanged
20 FNY Investment Advisers, LLC 0.50% of their portfolio NEW YORK, NY 110,280110.3k $1.2m $1.2m 0.50% Added +170 +170
21 TENOR CAPITAL MANAGEMENT Co., L.P. 0.01% of their portfolio NEW YORK, NY 100,000100.0k $1.1m $1.1m 0.01% Unchanged
22 Shay Capital LLC 0.23% of their portfolio NEW YORK, NY 96,29696.3k $1.0m $1.0m 0.23% Unchanged
23 DLD Asset Management, LP 0.11% of their portfolio NEW YORK, NY 89,10089.1k $946.2k $946.2k 0.11% Unchanged
24 BOOTHBAY FUND MANAGEMENT, LLC 0.03% of their portfolio NEW YORK, NY 81,90081.9k $869.8k $869.8k 0.03% Unchanged
25 GRITSTONE ASSET MANAGEMENT LLC 0.77% of their portfolio Bethesda, MD 73,65073.7k $782.2k $782.2k 0.77% Unchanged
26 Diametric Capital, LP 0.35% of their portfolio BOSTON, MA 61,44061.4k $652.5k $652.5k 0.35% Unchanged
27 Bulldog Investors, LLP 0.13% of their portfolio SADDLE BROOK, NJ 50,00050.0k $531.0k $531.0k 0.13% Unchanged
28 GLAZER CAPITAL, LLC 0.01% of their portfolio New York, NY 35,07435.1k $372.0k $372.0k 0.01% Reduced -5.0k -4,966
29 Kepos Capital LP 0.43% of their portfolio NEW YORK, NY 30,00030.0k $319.0k $319.0k 0.43% Unchanged
30 Warberg Asset Management LLC 0.08% of their portfolio WINNETKA, IL 29,93129.9k $316.7k $316.7k 0.08% Unchanged
31 Rangeley Capital, LLC 0.27% of their portfolio NEW CANAAN, CT 20,00020.0k $212.4k $212.4k 0.27% New
32 FIFTH LANE CAPITAL, LP 0.21% of their portfolio Austin, TX 16,30516.3k $173.0k $173.0k 0.21% Reduced -30.1k -30,063
33 BERKLEY W R CORP 0.01% of their portfolio Greenwich, CT 15,91315.9k $169.0k $169.0k 0.01% New
34 UBS Group AG 0.00% of their portfolio ZURICH, V8 11,20411.2k $119.0k $119.0k 0.00% Reduced -1.7k -1,651
35 BARDIN HILL MANAGEMENT PARTNERS LP 0.01% of their portfolio NEW YORK, NY 1,1591.2k $12.3k $12.3k 0.01% New
36 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 5050 $531 $531 0.00% Added +38 +38
37 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged