Vault-13

VERTICAL AEROSPACE LTD EVTL

SHS NEW · Common Stock · CUSIP G9471C206

81 institutional holders +4 vs Q1 2026
97,974,49498.0m shares reported held*
$170.6mreported value*
24 new 22 added 18 reduced 20 sold out net bought ≈ $3.5m (+2.0m 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 ≈ $1.74. Options: 5 managers hold calls ($530.7k notional), 6 hold puts ($532.6k).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

050100Q3 24: 7Q4 24: 20Q1 25: 28Q2 25: 36Q3 25: 67Q4 25: 74Q1 26: 77Q2 26: 8181Q3 24Q1 25Q3 25Q1 26Q2 26
Numbers
QuarterHolders
Q3 20247
Q4 202420
Q1 202528
Q2 202536
Q3 202567
Q4 202574
Q1 202677
Q2 202681

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 24: 15 bought or addedQ4 24: 0 cut or sold outQ4 24Q1 25: 21 bought or addedQ1 25: 8 cut or sold outQ2 25: 25 bought or addedQ2 25: 13 cut or sold outQ2 25Q3 25: 57 bought or addedQ3 25: 8 cut or sold outQ4 25: 48 bought or addedQ4 25: 26 cut or sold outQ4 25Q1 26: 42 bought or addedQ1 26: 35 cut or sold outQ2 26: 46 bought or addedQ2 26: 38 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q4 2024150
Q1 2025218
Q2 20252513
Q3 2025578
Q4 20254826
Q1 20264235
Q2 20264638

Calls vs puts

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

CallsPuts
$0$2m$4m$6m$8mQ3 25 calls: $7.6mQ3 25 puts: $1.9mQ3 25P/C 0.25Q4 25 calls: $7.1mQ4 25 puts: $1.7mQ4 25P/C 0.24Q1 26 calls: $1.1mQ1 26 puts: $1.7mQ1 26P/C 1.48Q2 26 calls: $530.7kQ2 26 puts: $532.6kQ2 26P/C 1.00
Numbers
QuarterCallsPutsP/C
Q3 2025$7.6m$1.9m0.25
Q4 2025$7.1m$1.7m0.24
Q1 2026$1.1m$1.7m1.48
Q2 2026$530.7k$532.6k1.00

Biggest buyers

Ilex Capital Partners (UK) LLP Added +3,677,570+3.7m
FRONTIER CAPITAL MANAGEMENT CO LLC Added +2,632,304+2.6m
MILLENNIUM MANAGEMENT LLC Added +2,303,196+2.3m
MARSHALL WACE, LLP Added +996,052+996.1k
MASTERS CAPITAL MANAGEMENT LLC Added +700,000+700.0k
MORGAN STANLEY Added +528,373+528.4k
UBS Group AG Added +494,274+494.3k
Point72 Asset Management, L.P. Added +448,749+448.7k
Yorkville Advisors Global, LP New +334,448+334.4k
Defiance ETFs, LLC Added +306,115+306.1k

Biggest sellers

CITADEL ADVISORS LLC Reduced -6,191,979-6.2m
Mudrick Capital Management, L.P. Reduced -2,500,000-2.5m
Saba Capital Management, L.P. Reduced -1,123,793-1.1m
HRT FINANCIAL LP Reduced -337,382-337.4k
XTX Topco Ltd Reduced -217,232-217.2k
NOMURA HOLDINGS INC Sold out -214,231-214.2k
AXQ CAPITAL, LP Reduced -135,068-135.1k
TWO SIGMA INVESTMENTS, LP Sold out -110,632-110.6k
Schonfeld Strategic Advisors LLC Sold out -94,834-94.8k
Aquatic Capital Management LLC Sold out -81,399-81.4k

Biggest calls

GROUP ONE TRADING LLC Added $158.7k91.2k shares
CITADEL ADVISORS LLC Reduced $155.9k89.6k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $104.6k60.1k shares
SIMPLEX TRADING, LLC Added $82.8k47.6k shares
IMC-Chicago, LLC Reduced $28.7k16.5k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $228.1k131.1k shares
IMC-Chicago, LLC Added $95.9k55.1k shares
Crawford Fund Management, LLC Unchanged $93.1k53.5k shares
CITADEL ADVISORS LLC Reduced $80.9k46.5k shares
GROUP ONE TRADING LLC Reduced $30.6k17.6k shares
SIMPLEX TRADING, LLC Reduced $4.0k2.3k 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
Saba Capital Management, L.P. 13G · passive investor -1.7 pts · filed 2026-08-13 10.3% -1.7 pts 14.7m≈ $20.0m 2026-08-13
Islet Management, LP 13G · passive investor new · filed 2026-04-03 7.3% new 7.5m≈ $13.1m 2026-04-03

Fell to 5% or below in the last year: CITADEL ADVISORS LLC (4.9%, 2026-04-06)

Insider purchases and sales since 1 Apr 2026

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.

DateInsiderTradeSharesPrice ValueTheir holding
2026-04-15 Saba Capital Management, L.P. 10% owner Sold 676,518 $2.69 $1.8m676.5k shares -6%

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Mudrick Capital Management, L.P. 20.26% of their portfolio NEW YORK, NY 52,159,58552.2m $90.8m $90.8m 20.26% Reduced -2.5m -2,500,000
2 Saba Capital Management, L.P. 0.56% of their portfolio NEW YORK, NY 10,516,71010.5m $18.3m $18.3m 0.56% Reduced -1.1m -1,123,793
3 Ilex Capital Partners (UK) LLP 0.21% of their portfolio London, X0 5,999,9996.0m $10.4m $10.4m 0.21% Added +3.7m +3,677,570
4 FRONTIER CAPITAL MANAGEMENT CO LLC 0.09% of their portfolio Boston, MA 5,402,5215.4m $9.4m $9.4m 0.09% Added +2.6m +2,632,304
5 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 4,668,1204.7m $8.1m $8.1m 0.01% Added +2.3m +2,303,196
6 MASTERS CAPITAL MANAGEMENT LLC 1.00% of their portfolio ATLANTA, GA 4,100,0004.1m $7.1m $7.1m 1.00% Added +700.0k +700,000
7 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 2,390,9792.4m $4.2m $4.2m 0.00% Added +996.1k +996,052
8 Inherent Management Corp. 1.47% of their portfolio NEW YORK, NY 2,181,8832.2m $3.8m $3.8m 1.47% Unchanged
9 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.00% of their portfolio Boston, MA 1,500,0001.5m $2.6m $2.6m 0.00% Unchanged
10 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,446,8081.4m $2.5m $2.5m 0.00% Added +528.4k +528,373
11 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,380,5651.4m $2.4m $2.4m 0.00% Added +494.3k +494,274
12 Point72 Asset Management, L.P. 0.00% of their portfolio STAMFORD, CT 894,057894.1k $1.6m $1.6m 0.00% Added +448.7k +448,749
13 Defiance ETFs, LLC 0.02% of their portfolio NEW YORK, NY 804,644804.6k $1.5m $1.5m 0.02% Added +306.1k +306,115
14 Penserra Capital Management LLC 0.01% of their portfolio ORINDA, CA 789,676789.7k $1.4m $1.4m 0.01% Added +297.5k +297,540
15 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 562,400562.4k $978.6k $978.6k 0.00% Added +206.6k +206,552
16 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 522,888522.9k $909.8k $909.8k 0.00% Reduced -6.2m -6,191,979
17 Yorkville Advisors Global, LP 0.67% of their portfolio MOUNTAINSIDE, NJ 334,448334.4k $581.9k $581.9k 0.67% New
18 Legal & General Group Plc 0.00% of their portfolio London, X0 263,389263.4k $457.0k $457.0k 0.00% Reduced -2.3k -2,300
19 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 262,090262.1k $456.0k $456.0k 0.00% New
20 TUDOR INVESTMENT CORP ET AL 0.00% of their portfolio STAMFORD, CT 199,308199.3k $346.8k $346.8k 0.00% Added +2.4k +2,352
21 XTX Topco Ltd 0.00% of their portfolio LONDON, X0 161,416161.4k $280.9k $280.9k 0.00% Reduced -217.2k -217,232
22 GSA CAPITAL PARTNERS LLP 0.01% of their portfolio LONDON, X0 116,490116.5k $203.0k $203.0k 0.01% New
23 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 96,38196.4k $167.7k $167.7k 0.00% Reduced -40.1k -40,135
24 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 93,14793.1k $162.1k $162.1k 0.00% Added +16.2k +16,172
25 Quadrature Capital Ltd 0.00% of their portfolio LONDON, X0 93,13293.1k $162.1k $162.1k 0.00% Reduced -59.3k -59,319
26 J. Derek Lewis & Associates Inc. 0.03% of their portfolio NEWPORT BEACH, CA 81,00181.0k $140.9k $140.9k 0.03% Added +48.5k +48,501
27 State of Wyoming 0.01% of their portfolio CHEYENNE, WY 79,83879.8k $138.9k $138.9k 0.01% New
28 nVerses Capital, LLC 0.19% of their portfolio WELLINGTON, FL 71,13471.1k $123.8k $123.8k 0.19% New
29 Rathbones Group PLC 0.00% of their portfolio Liverpool, X0 61,27361.3k $106.6k $106.6k 0.00% Reduced -61.3k -61,273
30 Centiva Capital, LP 0.00% of their portfolio New York, NY 58,81158.8k $102.3k $102.3k 0.00% Reduced -25.3k -25,301
31 Quantbot Technologies LP 0.00% of their portfolio NEW YORK, NY 56,29556.3k $98.0k $98.0k 0.00% Added +37.1k +37,137
32 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 53,51853.5k $94.0k $94.0k 0.00% New
33 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 53,41853.4k $92.9k $92.9k 0.00% Added +550 +550
34 Summit Trail Advisors, LLC 0.00% of their portfolio NEW YORK, NY 46,31846.3k $80.6k $80.6k 0.00% Unchanged
35 BlackRock, Inc. 0.00% of their portfolio New York, NY 44,81444.8k $78.0k $78.0k 0.00% Unchanged
36 IMC-Chicago, LLC 0.00% of their portfolio CHICAGO, IL 41,73841.7k $72.6k $72.6k 0.00% New
37 INSIGNEO ADVISORY SERVICES, LLC 0.00% of their portfolio MIAMI, FL 34,50034.5k $60.0k $60.0k 0.00% New
38 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 33,98434.0k $59.1k $59.1k 0.00% Added +20.4k +20,383
39 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 32,60532.6k $56.7k $56.7k 0.00% Added +19.0k +19,030
40 Cornerstone Capital, Inc. 0.00% of their portfolio Palo Alto, CA 27,00027.0k $47.0k $47.0k 0.00% Unchanged
41 Caitong International Asset Management Co., Ltd 0.01% of their portfolio HONG KONG, K3 25,56725.6k $44.5k $44.5k 0.01% Reduced -69.9k -69,894
42 OPPENHEIMER & CO INC 0.00% of their portfolio NEW YORK, NY 20,50020.5k $35.7k $35.7k 0.00% Reduced -2.0k -2,000
43 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 20,00020.0k $34.8k $34.8k 0.00% Added +15.0k +15,000
44 Vanguard Personalized Indexing Management, LLC 0.00% of their portfolio OAKLAND, CA 17,74917.7k $30.9k $30.9k 0.00% New
45 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 17,03817.0k $29.0k $29.0k 0.00% Reduced -337.4k -337,382
46 Chemistry Wealth Management LLC 0.00% of their portfolio NEW YORK, NY 16,55616.6k $28.8k $28.8k 0.00% Unchanged
47 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 12,09112.1k $21.0k $21.0k 0.00% Unchanged
48 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 11,64711.6k $20.3k $20.3k 0.00% Added +250 +250
49 OneDigital Investment Advisors LLC 0.00% of their portfolio OVERLAND PARK, KS 11,49011.5k $20.0k $20.0k 0.00% Unchanged
50 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 11,02111.0k $19.2k $19.2k 0.00% New
51 StoneX Group Inc. 0.00% of their portfolio NEW YORK, NY 10,75110.8k $26.4k $26.4k 0.00% New
52 AXQ CAPITAL, LP 0.00% of their portfolio JERSEY CITY, NJ 10,52710.5k $18.3k $18.3k 0.00% Reduced -135.1k -135,068
53 Dynamic Technology Lab Private Ltd 0.00% of their portfolio SINGAPORE, U0 10,13910.1k $18.0k $18.0k 0.00% New
54 Concurrent Investment Advisors, LLC 0.00% of their portfolio Tampa, FL 10,00010.0k $17.4k $17.4k 0.00% Unchanged
55 EFG International AG 0.00% of their portfolio Zurich, V8 10,00010.0k $17.4k $17.4k 0.00% Added +5.0k +5,000
56 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 8,4898.5k $14.8k $14.8k 0.00% New
57 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 8,1508.2k $14.2k $14.2k 0.00% Reduced -500 -500
58 GROUP ONE TRADING LLC 0.00% of their portfolio CHICAGO, IL 4,2604.3k $7.4k $7.4k 0.00% Reduced -26.0k -25,953
59 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 3,0533.1k $5.1k $5.1k 0.00% Reduced -2.1k -2,117
60 Darwin Wealth Management, LLC 0.00% of their portfolio TAMPA, FL 3,0003.0k $5.2k $5.2k 0.00% New
61 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 2,0552.1k $3.6k $3.6k 0.00% Reduced -31 -31
62 NVWM, LLC 0.00% of their portfolio YARDLEY, PA 2,0002.0k $3.5k $3.5k 0.00% Added +1.0k +1,000
63 Ameritas Advisory Services, LLC 0.00% of their portfolio Lincoln, NE 1,9121.9k $3.3k $3.3k 0.00% New
64 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,5351.5k $2.7k $2.7k 0.00% Unchanged
65 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 1,4001.4k $2.4k $2.4k 0.00% New
66 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 1,1261.1k $2.0k $2.0k 0.00% New
67 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 1,1001.1k $1.9k $1.9k 0.00% Unchanged
68 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 1,0001.0k $1.7k $1.7k 0.00% Unchanged
69 Prestige Wealth Management Group LLC 0.00% of their portfolio FLEMINGTON, NJ 850850 $1.5k $1.5k 0.00% Unchanged
70 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 700700 $1.2k $1.2k 0.00% New
71 Colonial Trust Advisors 0.00% of their portfolio SPARTANBURG, SC 700700 $1.2k $1.2k 0.00% New
72 Physician Wealth Advisors, Inc. 0.00% of their portfolio MIDVALE, UT 321321 $559 $559 0.00% New
73 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 312312 $542 $542 0.00% Unchanged
74 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 120120 $209 $209 0.00% Unchanged
75 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 115115 $200 $200 0.00% New
76 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 100100 $174 $174 0.00% Reduced -400 -400
77 BIRCHBROOK, INC. 0.00% of their portfolio BANGOR, ME 7070 $122 $122 0.00% Unchanged
78 Golden State Wealth Management, LLC 0.00% of their portfolio SANTA ANA, CA 5050 $87 $87 0.00% New
79 SWAN Capital LLC 0.00% of their portfolio PENSACOLA, FL 5050 $87 $87 0.00% Unchanged
80 Comprehensive Financial Planning, Inc./PA 0.00% of their portfolio EAST PETERSBURG, PA 3737 $64 $64 0.00% New
81 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 3030 $52 $52 0.00% New