Who owns VOR
Which tracked institutional funds hold VOR, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See VOR company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
46 tracked funds added or opened VOR while 18 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
VOR’s largest tracked holder by dollar value, TCG Crossover Management, LLC, sizes it at 2.5% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 2.5pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in VOR divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 100 tracked filers holding VOR, 72 increased or opened the position and 36 reduced or closed it; over the same quarter, open-market insider Form 4s were net sales.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in VOR between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 18
- Nantahala Capital Management, LLC$16M
- ADAR1 Capital Management, LLC$13M
- NAN FUNG TRINITY (HK) LTD$12M
- Woodline Partners LP$7M
- VANGUARD PORTFOLIO MANAGEMENT LLC$6M
- Eversept Partners, LP$3M
Full exits 7
- Laurion Capital Management LP$6M
- Propel Bio Management, LLC$6M
- Quadrature Capital Ltd$1M
- JANE STREET GROUP, LLC$1M
- Simplify Asset Management Inc.$955K
- Brevan Howard Capital Management LP$753K
Largest adds
- FMR LLC$63M
- BlackRock, Inc.$50M
- STATE STREET CORP$28M
- GEODE CAPITAL MANAGEMENT, LLC$13M
- VANGUARD CAPITAL MANAGEMENT LLC$13M
- TCG Crossover Management, LLC$8M
Largest trims
- RA CAPITAL MANAGEMENT, L.P.$52M
- MARSHALL WACE, LLP$19M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$4M
- TUDOR INVESTMENT CORP ET AL$2M
- Jump Financial, LLC$2M
- RENAISSANCE TECHNOLOGIES LLC$2M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| TCG Crossover Management, LLC | 5,673,078 | $104M | 11.7% | 2026-Q2 |
| FMR LLC added | 4,932,149 | $91M | 10.2% | 2026-Q2 |
| FCPM III SERVICES B.V. | 4,117,354 | $76M | 8.5% | 2026-Q2 |
| BlackRock, Inc. added | 3,468,107 | $64M | 7.1% | 2026-Q2 |
| Venrock Adviser, LLC | 3,041,719 | $56M | 6.3% | 2026-Q2 |
| STATE STREET CORP added | 2,616,336 | $48M | 5.4% | 2026-Q2 |
| Frazier Life Sciences Management, L.P. | 2,543,939 | $47M | 5.2% | 2026-Q2 |
| RA CAPITAL MANAGEMENT, L.P. trimmed | 2,402,095 | $44M | 5.0% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 2,084,328 | $38M | 4.3% | 2026-Q2 |
| Caligan Partners LP | 1,925,066 | $35M | 4.0% | 2026-Q2 |
| Paradigm Biocapital Advisors LP | 1,750,000 | $32M | 3.6% | 2026-Q2 |
| GREAT POINT PARTNERS LLC trimmed | 1,700,000 | $31M | 3.5% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 1,062,469 | $20M | 2.2% | 2026-Q2 |
| NEXTBio Capital Management LP trimmed | 889,164 | $16M | 1.8% | 2026-Q2 |
| Nantahala Capital Management, LLC new | 845,000 | $16M | 1.7% | 2026-Q2 |
| ADAR1 Capital Management, LLC new | 680,626 | $13M | 1.4% | 2026-Q2 |
| Logos Global Management LP trimmed | 650,000 | $12M | 1.3% | 2026-Q2 |
| Rosalind Advisors, Inc. trimmed | 648,600 | $12M | 1.3% | 2026-Q2 |
| NAN FUNG TRINITY (HK) LTD new | 646,550 | $12M | 1.3% | 2026-Q2 |
| BRAIDWELL LP added | 573,104 | $11M | 1.2% | 2026-Q2 |
| BOOTHBAY FUND MANAGEMENT, LLC added | 558,702 | $10M | 1.2% | 2026-Q2 |
| UBS Group AG added | 493,278 | $9M | 1.0% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC added | 428,067 | $8M | 0.9% | 2026-Q2 |
| SPHERA FUNDS MANAGEMENT LTD. added | 416,417 | $8M | 0.9% | 2026-Q2 |
| Woodline Partners LP added | 379,723 | $7M | 0.8% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 340,364 | $6M | 0.7% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 328,892 | $6M | 0.7% | 2026-Q2 |
| NORTHERN TRUST CORP added | 328,742 | $6M | 0.7% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 300,704 | $6M | 0.6% | 2026-Q2 |
| Clearline Capital LP trimmed | 285,276 | $5M | 0.6% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 177,739 | $3M | 0.4% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 160,414 | $3M | 0.3% | 2026-Q2 |
| Eversept Partners, LP new | 149,681 | $3M | 0.3% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 121,398 | $2M | 0.3% | 2026-Q2 |
| Bank of New York Mellon Corp new | 97,722 | $2M | 0.2% | 2026-Q2 |
| MARSHALL WACE, LLP trimmed | 95,643 | $2M | 0.2% | 2026-Q2 |
| Nuveen, LLC new | 94,815 | $2M | 0.2% | 2026-Q2 |
| AXIOM INVESTORS LLC /DE trimmed | 92,105 | $2M | 0.2% | 2026-Q2 |
| XTX Topco Ltd added | 82,645 | $2M | 0.2% | 2026-Q2 |
| Jump Financial, LLC trimmed | 70,889 | $1M | 0.1% | 2026-Q2 |
| Invesco Ltd. added | 68,301 | $1M | 0.1% | 2026-Q2 |
| CITIGROUP INC added | 63,130 | $1M | 0.1% | 2026-Q2 |
| MORGAN STANLEY trimmed | 61,561 | $1M | 0.1% | 2026-Q2 |
| RHUMBLINE ADVISERS new | 57,528 | $1M | 0.1% | 2026-Q2 |
| ALPS ADVISORS INC new | 54,998 | $1M | 0.1% | 2026-Q2 |
| D. E. Shaw & Co., Inc. new | 54,671 | $1M | 0.1% | 2026-Q2 |
| JOHNSON & JOHNSON | 53,732 | $989K | 0.1% | 2026-Q2 |
| Rafferty Asset Management, LLC trimmed | 48,818 | $899K | 0.1% | 2026-Q2 |
| Walleye Capital LLC new | 46,612 | $858K | 0.1% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ new | 41,815 | $770K | 0.1% | 2026-Q2 |
| DEUTSCHE BANK AG\ new | 40,351 | $743K | 0.1% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. new | 37,210 | $685K | 0.1% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP trimmed | 37,012 | $681K | 0.1% | 2026-Q2 |
| Engineers Gate Manager LP added | 36,951 | $680K | 0.1% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 36,273 | $668K | 0.1% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 33,011 | $608K | 0.1% | 2026-Q2 |
| Jefferies Financial Group Inc. new | 32,663 | $601K | 0.1% | 2026-Q2 |
| WELLINGTON MANAGEMENT GROUP LLP new | 27,100 | $499K | 0.1% | 2026-Q2 |
| Sarissa Capital Management LP | 25,399 | $468K | 0.1% | 2026-Q2 |
| PROFUND ADVISORS LLC added | 24,591 | $453K | 0.1% | 2026-Q2 |
| MetLife Investment Management, LLC new | 24,442 | $450K | 0.1% | 2026-Q2 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. added | 24,381 | $450K | 0.1% | 2026-Q2 |
| Squarepoint Ops LLC trimmed | 23,231 | $428K | 0.0% | 2026-Q2 |
| SEI INVESTMENTS CO added | 23,019 | $424K | 0.0% | 2026-Q2 |
| Virtus Investment Advisers, LLC new | 22,785 | $419K | 0.0% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 21,621 | $402K | 0.0% | 2026-Q2 |
| TUDOR INVESTMENT CORP ET AL trimmed | 19,620 | $361K | 0.0% | 2026-Q2 |
| Scientech Research LLC added | 18,828 | $347K | 0.0% | 2026-Q2 |
| Vanguard Global Advisers, LLC added | 17,947 | $330K | 0.0% | 2026-Q2 |
| Y-Intercept (Hong Kong) Ltd new | 17,238 | $317K | 0.0% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed | 16,454 | $303K | 0.0% | 2026-Q2 |
| FOX RUN MANAGEMENT, L.L.C. new | 15,301 | $282K | 0.0% | 2026-Q2 |
| BARCLAYS PLC added | 14,565 | $268K | 0.0% | 2026-Q2 |
| NEW YORK STATE COMMON RETIREMENT FUND new | 14,300 | $263K | 0.0% | 2026-Q2 |
| Shay Capital LLC added | 13,695 | $252K | 0.0% | 2026-Q2 |
| Police & Firemen's Retirement System of New Jersey new | 12,035 | $222K | 0.0% | 2026-Q2 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE new | 10,793 | $199K | 0.0% | 2026-Q2 |
| EntryPoint Capital, LLC new | 10,785 | $199K | 0.0% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS added | 10,708 | $197K | 0.0% | 2026-Q2 |
| China Universal Asset Management Co., Ltd. added | 8,624 | $159K | 0.0% | 2026-Q2 |
| Legal & General Group Plc new | 8,011 | $147K | 0.0% | 2026-Q2 |
| Ameritas Investment Partners, Inc. new | 3,703 | $68K | 0.0% | 2026-Q2 |
| Russell Investments Group, Ltd. new | 3,256 | $60K | 0.0% | 2026-Q2 |
| GROUP ONE TRADING LLC trimmed | 2,963 | $55K | 0.0% | 2026-Q2 |
| Mirae Asset Global Investments Co., Ltd. added | 2,423 | $45K | 0.0% | 2026-Q2 |
| Global Retirement Partners, LLC new | 2,089 | $38K | 0.0% | 2026-Q2 |
| Pinnacle Wealth Planning Services, Inc. new | 1,975 | $36K | 0.0% | 2026-Q2 |
| Tower Research Capital LLC (TRC) trimmed | 1,741 | $32K | 0.0% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 1,260 | $23K | 0.0% | 2026-Q2 |
| GF FUND MANAGEMENT CO. LTD. added | 1,072 | $20K | 0.0% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM new | 562 | $10K | 0.0% | 2026-Q2 |
| Sterling Capital Management LLC new | 355 | $7K | 0.0% | 2026-Q2 |
| PNC Financial Services Group, Inc. added | 308 | $6K | 0.0% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO new | 180 | $3K | 0.0% | 2026-Q2 |
| SIGNATUREFD, LLC added | 147 | $3K | 0.0% | 2026-Q2 |
| WPG Advisers, LLC added | 22 | $405 | 0.0% | 2026-Q2 |
| Allworth Financial LP trimmed | 10 | $185 | 0.0% | 2026-Q2 |
| Parallel Advisors, LLC trimmed | 5 | $92 | 0.0% | 2026-Q2 |
| SBI Securities Co., Ltd. | 3 | $55 | 0.0% | 2026-Q2 |
| OSAIC HOLDINGS, INC. new | 2 | $37 | 0.0% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.