L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 5 Feb 2026
Managers listing it
27
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 3 listed it in both
Shares listed
4,488,351
combined, among listed positions
Reported value
$162m
combined, at the quarter end

Among the 92 comparable managers: 16 buyers (opened or added shares) and 17 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was -947,897.

Managers listing VCEL in Q4 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q3 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

27 of 27 holders

ActionFiling
Fidelity (FMR LLC)2,172,985$78munder 0.1%Added+155,10717 Feb 2026 (the filing on sec.gov)
Point72 Asset Management LP612,856$22munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Invesco Ltd290,972$10munder 0.1%Trimmed-453,88719 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.280,299$10munder 0.1%Added+37,02717 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP280,224$10munder 0.1%Trimmed-7,93217 Feb 2026 (the filing on sec.gov)
Woodline Partners LP265,384$9.6munder 0.1%Trimmed-1,81717 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP91,216$3.3munder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP58,641$2.1munder 0.1%Added+6,26517 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC50,795$1.8munder 0.1%Trimmed-23,22813 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC50,065$1.8munder 0.1%Trimmed-131,06617 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc49,834$1.8munder 0.1%Added+5,74517 Feb 2026 (the filing on sec.gov)
Voloridge Investment Management LLC48,651$1.8munder 0.1%Trimmed-167,43417 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP39,498$1.4munder 0.1%Trimmed-13,21517 Feb 2026 (the filing on sec.gov)
Winton Group Ltd34,710$1.3munder 0.1%Trimmed-5611 Feb 2026 (the filing on sec.gov)
Man Group PLC24,789$893kunder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd21,659$780kunder 0.1%Held017 Feb 2026 (the filing on sec.gov)
Millennium Management LLC19,520$703kunder 0.1%Trimmed-43,34117 Feb 2026 (the filing on sec.gov)
Walleye Capital LLC18,577$669kunder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
PDT Partners LLC15,571$561kunder 0.1%Held017 Feb 2026 (the filing on sec.gov)
GAMCO Investors Inc15,495$558kunder 0.1%Added+2,6005 Feb 2026 (the filing on sec.gov)
Balyasny Asset Management LLC11,780$424kunder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Bridgewater Associates LP8,543$308kunder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC8,557$308kunder 0.1%Added+87427 Oct 2026 (the filing on sec.gov)
AQR Capital Management LLC7,277$262kunder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Caxton Associates LLP5,700$205kunder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
Page 1 of 2

Largest increases and reductions, by shares

Q3 2025 to Q4 2025, among managers that listed it in both quarters or opened it.

Increases

Reductions

New positions and exits

At least these many: a manager is shown exiting only where its own filing shows the position gone.

Ownership over time

Every quarter on file. A quarter-end value moves with the price as well as with the shares held; buyers and sellers count comparable managers, by shares.
1 in Q3 2024 to 2 in Q2 2026

Tracked managers listing it, at least.

024620182019202020212023202420252026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
VCEL by quarter
QuarterHoldersReported valueBuyersSellers
Q4 20171$1.5mn.a.n.a.
Q1 20182$6.3mn.a.n.a.
Q2 20182$10mn.a.n.a.
Q3 20183$20mn.a.n.a.
Q4 20182$7.4mn.a.n.a.
Q1 20193$19mn.a.n.a.
Q2 20192$14mn.a.n.a.
Q3 20192$10mn.a.n.a.
Q4 20193$12mn.a.n.a.
Q1 20202$7.4mn.a.n.a.
Q2 20202$7.4mn.a.n.a.
Q3 20202$6.8mn.a.n.a.
Q4 20203$19mn.a.n.a.
Q1 20216$68mn.a.n.a.
Q2 20213$37mn.a.n.a.
Q3 20212$5.0mn.a.n.a.
Q4 20211$2.1mn.a.n.a.
Q2 20221$1.3mn.a.n.a.
Q1 20231$27mn.a.n.a.
Q2 20231$19mn.a.n.a.
Q3 20232$21mn.a.n.a.
Q4 20231$479k10
Q1 20242$1.6m20
Q2 20241$1.0m11
Q3 20241$1.0m10
Q4 20242$2.7m11
Q1 20253$32m21
Q2 20252$40m20
Q3 20254$37m21
Q4 20253$11m1617
Q1 20261$1.3m1813
Q2 20262$14m1912

Compare with…

Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.

VCEL and GILD →VCEL and AMGN →VCEL and ARGX →Choose a stock to compare with VCEL →

How much of the picture this is

A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.

Which funds own VCEL, latest filings →Back to the 13F Explorer →