VRCA · Verrica Pharmaceuticals Inc. · Holdings

$3.48 +0.01 (+0.29%) At close · Oct 28 Q2 2026 earnings call transcript

Market Cap

$59.27M

17.18M

Volume · Oct 28 22.18K Avg daily vol (3M) 68.7K

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Use institutional holdings through the 13F API or MCP → See every holder of VRCA: 13F, 13D and 13G, insiders and funds →

The Sep 30, 2026 filing window is still open — showing the latest known positions. Funds that have not filed yet carry their prior-quarter positions; a fund that filed without this stock counts as sold out. Each fund's Change is measured against its own previous reported quarter, shown in the Reported column. Pick a completed quarter in the Quarter selector below to put every fund on one quarter and see the stock-wide activity breakdown.

Quarter:

Holders: 42

Total Value: $28,534,043

Total Shares: 4,662,462

Institutional Ownership Trend

27 quarters

Holder Concentration

Across 43 13F filers

Top Holder

19.8%

of institutional value

Top 5

71.1%

of institutional value

Top 10

92.1%

of institutional value

HHI

1,200

Broadly held

Who Holds VRCA

Last 8 quarters through Sep 30, 2026 (filing window open)

Each kind of 13F filer's share of the common shares 13F filers report. Holder type comes from regulatory records, never the filer's name; style, turnover and horizon are measured from each filer's own 13F book. The quarter selector does not change this card.

Jun 30, 2026, the newest closed quarter: 43 filers, like-for-like change -2.4%; actively managed books -5.2%; index-like books +20.8%.

Holder type	Share	Filers	Change	New	Exited
Registered adviser	93.0%	22	-0.7%	3	3
Bank	1.7%	8	+16.8%	2	0
Non-US	0.0%	1	0.0%	0	0
Holding company	1.7%	2	+27.3%	0	0
Exempt adviser	0.0%	0	-100.0%	0	1
Broker-dealer	0.0%	0	—	0	0
Benefit plan	0.0%	0	—	0	0
Adviser	0.0%	0	—	0	0
Insurer	0.0%	0	—	0	0
Unknown	3.7%	10	+20.3%	3	1

Style	Share	Filers	Change	New	Exited
Index-like	13.3%	7	+20.8%	0	0
Systematic-like	7.9%	5	+1.7%	2	0
Concentrated	29.9%	7	0.0%	0	1
Diversified active	48.8%	24	-9.1%	6	4
Not measured	0.0%	0	—	0	0
Unknown	0.0%	0	—	0	0

Turnover	Share	Filers	Change	New	Exited
Low turnover	31.4%	21	+17.8%	3	1
Medium turnover	51.9%	9	-8.4%	2	1
High turnover	8.7%	8	-35.3%	3	3
Unknown	8.0%	5	+40.0%	0	0
Not measured	0.0%	0	—	0	0

Holding horizon	Share	Filers	Change	New	Exited
Short horizon	8.3%	6	+45.1%	1	0
Medium horizon	46.7%	6	-2.9%	0	2
Long horizon	11.6%	25	-9.2%	5	2
Unknown	33.4%	6	-7.0%	2	1
Not measured	0.0%	0	—	0	0

13F book size	Share	Filers	Change	New	Exited
Under $1B	28.3%	9	-8.4%	1	1
$1B to $10B	51.0%	12	-2.7%	3	1
$10B to $100B	5.5%	4	+93.8%	2	2
$100B or more	15.2%	18	-7.0%	2	1
Not measured	0.0%	0	—	0	0

Client base	Share	Filers	Change	New	Exited
Individuals and high net worth	4.8%	9	+472.6%	2	1
Pooled investment vehicles	62.1%	9	-9.9%	0	1
Registered funds and BDCs	9.3%	3	+31.6%	1	0
Other	16.8%	1	+14.4%	0	0
Pension and profit sharing plans	0.0%	0	—	0	0
Insurance companies	0.0%	0	—	0	0
Governments and sovereign funds	0.0%	0	—	0	0
Diversified	0.0%	0	—	0	0
Other investment advisers	0.0%	0	—	0	0
Unknown	7.0%	21	-35.8%	5	3

Private funds	Share	Filers	Change	New	Exited
Hedge funds	68.8%	8	-12.5%	0	3
Private equity funds	14.6%	2	+36.8%	0	0
Real estate funds	0.0%	1	-1.6%	0	1
Other private funds	0.6%	2	+115.7%	1	0
Mixed private funds	0.0%	0	—	0	0
No private funds	9.0%	9	+27.2%	2	0
Private funds, type not stated	0.0%	0	—	0	0
Venture capital funds	0.0%	0	—	0	0
Securitized asset funds	0.0%	0	—	0	0
Unknown	7.0%	21	+21.0%	5	1

Location	Share	Filers	Change	New	Exited
United States	99.6%	39	+0.2%	6	3
Outside the US	0.4%	4	-85.9%	2	2

The Sep 30, 2026 filing window is still open, so its bar carries the Jun 30, 2026 positions of filers that have not filed yet.

How the mix is measured

Shares are 13F common shares restated to today's split basis; options and principal amounts are left out. The change compares only filers with a 13F in both quarters and keeps each filer in its bucket of the later quarter on both sides; a filer that continues under a new CIK is compared through its successor. Holder type comes from each filer's current regulatory profile; client base and private funds come from the Form ADV roster current at each quarter end (rosters from December 2019, so an earlier quarter reads Unknown). Style, turnover, horizon and book size are measured from each filer's 13F book in the newest measured quarter, and Not measured means none was. Actively managed books are those measured systematic-like, concentrated or diversified active.

Excluded 1 holder with no observed 2026-03-31 13F.

Conviction and Crowding

43 13F filers, quarter ended Jun 30, 2026

Measured across every 13F filer's common-share book once the quarter's filing window closed. Crowding counts filers with high turnover or that advise private funds on Form ADV.

Conviction holders

0.000% of filers hold it in their top 10

Mar 31, 2026: 0

Holders above 5%

median weight 0.000%

Mar 31, 2026: 0

Crowding

23.2%

of shares outstanding, 67th percentile

Mar 31, 2026: 24.6%

Private-fund advisers

22.8%

of shares outstanding

Institutional ownership

27.1%

52.1% of the estimated free float

Top 10 holders

92.1%

of 13F shares, Herfindahl 0.120

Active holders

-5.2%

like-for-like share change of active filers

5% stakes on record

2 13D, 1 13G (1 institutional, 0 passive, 0 exempt)

How long holders have held it value-weighted 5.4 quarters

Under 1 year 54.1% 1 to 3 years 41.5% 3 years or more 4.40% Since coverage start 0.000%

Managers in the top fifth by current three-year FundScore alpha were net buyers of $0 (0 buying, 0 selling).

Estimated Holder Cost Basis

Quarter ended Jun 30, 2026, on that quarter's share basis

Estimated, never filed: each 13F buy is costed at its quarter's average traded price and each sale keeps the average cost, so this is what holders paid on average if they traded evenly through each quarter.

Estimated avg cost

$7.34

estimated per share

Mar 31, 2026: $7.27

Quarter-end price

$6.12

implied by 13F values

Estimated gain or loss

-16.6%

price against the estimated cost

Estimated at a loss

65.3%

of costed 13F value

Estimated cost covers 80.0% of the 13F shares; positions already held when a filer's 13F history starts, or bought in a quarter without a trusted average price, have no estimate.

Shared Holders

Companies VRCA's active holders also own, quarter ended Jun 30, 2026

#	Company	Shared holders	Similarity
1	ARTV Artiva Biotherapeutics, Inc.	3	0.335
2	EPRX Eupraxia Pharmaceuticals Inc.	3	0.325
3	PRQR ProQR Therapeutics N.V.	3	0.308
4	MBX MBX Biosciences, Inc.	3	0.230
5	VRDN Viridian Therapeutics, Inc.\DE	3	0.230
6	AVTX Avalo Therapeutics, Inc.	3	0.215
7	MLYS Mineralys Therapeutics, Inc.	3	0.200
8	XENE Xenon Pharmaceuticals Inc.	3	0.179
9	ABVX Abivax S.A.	3	0.133
10	RVMD Revolution Medicines, Inc.	3	0.105

Shareholder Targets

13F filers that own its peers but not VRCA, quarter ended Jun 30, 2026

Found through its holder-overlap peers: ARTV, EPRX, PRQR, MBX, VRDN, AVTX, MLYS, XENE, ABVX, RVMD. 935 filers in all.

#	Filer	In peers	Of book	Largest peers
1	FMR LLC Holding company, Diversified active	$3,707,656,852 8 held	0.160%	RVMD, XENE, VRDN
2	FARALLON CAPITAL MANAGEMENT LLC Registered adviser, Diversified active	$2,601,342,633 3 held	15.4%	RVMD, AVTX, ABVX
3	Jupiter Topco LLC Unknown, Diversified active	$2,527,174,431 7 held	1.03%	RVMD, ABVX, XENE
4	Darwin Global Management, Ltd. Exempt adviser, Concentrated	$2,473,365,214 2 held	63.9%	RVMD, ABVX
5	BAKER BROS. ADVISORS LP Registered adviser, Concentrated	$2,219,397,821 4 held	11.2%	RVMD, VRDN, XENE
6	VANGUARD PORTFOLIO MANAGEMENT LLC Registered adviser, Diversified active	$1,694,152,460 7 held	0.080%	RVMD, VRDN, XENE
7	Paradigm Biocapital Advisors LP Registered adviser, Concentrated	$1,453,306,984 3 held	27.2%	RVMD, MBX, VRDN
8	Nextech Invest, Ltd. Exempt adviser, Concentrated	$1,423,531,573 1 held	67.8%	RVMD
9	WELLINGTON MANAGEMENT GROUP LLP Holding company, Diversified active	$1,180,087,478 8 held	0.200%	RVMD, MBX, XENE
10	TCG Crossover Management, LLC Unknown, Diversified active	$956,083,899 4 held	23.0%	ABVX, RVMD, AVTX

Fund Ownership of VRCA by Fund Type

Registered funds' Form N-PORT reports for the quarter ended Jun 30, 2026

Index funds and index ETFs hold 2.46% of shares outstanding.

Fund type	Of shares outstanding	Change	Shares	Funds
Index funds	0.64%	+0.31 pp	110,610	6
Index ETFs	1.82%	+0.72 pp	312,236	3
Active ETFs	0.05%	+0.05 pp	8,173	2
Active funds	0.02%	+0.01 pp	4,267	3
Unclassified	0.00%	0.00 pp	481	1
All registered funds	2.54%	+1.09 pp	435,767	15

How fund types are measured

Each fund series counts once, with its latest Form N-PORT report dated inside the quarter; only long share positions count, restated to today's split basis. The fund type is the series' latest Form N-CEN answer on or before the quarter end (the index-fund box and the exchange-traded flag), never its name. Unclassified funds have no usable N-CEN; unit investment trusts are among them, so index ownership is a floor. Funds sit inside their advisers' 13F reports, so these shares overlap the 13F figures and are never added to them.

Holder type: Registered adviser 22 Bank 8 Non-US 1 Holding company 2 Unknown 9

Showing 42 of 42

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

Caligan Partners LP

$5,654,329

19.82%

923,910

CANNELL CAPITAL LLC

$4,797,608

16.81%

783,923

Affinity Asset Advisors, LLC

$4,328,908

15.17%

707,338

Velan Capital Investment Management LP

$2,885,941

10.11%

471,559

ARMISTICE CAPITAL, LLC

$2,608,980

9.14%

426,304

BOOTHBAY FUND MANAGEMENT, LLC

$1,718,092

6.02%

280,734

VANGUARD CAPITAL MANAGEMENT LLC

$1,709,377

5.99%

279,310

Mariner, LLC

$1,268,247

4.44%

207,230

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Mariner Platform Solutions, LLC	182,686	$1,118,038	88.2%	Other
Held directly	24,544	$150,209	11.8%	Sole

GEODE CAPITAL MANAGEMENT, LLC

$845,538

2.96%

138,160

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
GEODE CAPITAL MANAGEMENT TRUST COMPANY, LLC	27,386	$167,602	19.8%	Defined
Held directly	110,774	$677,936	80.2%	Defined

BlackRock, Inc.

$454,983

1.59%

74,344

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BlackRock Investment Management, LLC	2,431	$14,877	3.3%	Sole
BlackRock Fund Advisors	33,630	$205,815	45.2%	Sole
BlackRock Institutional Trust Company, N.A.	37,970	$232,376	51.1%	Sole
Aperio Group, LLC	313	$1,915	0.4%	Sole

VANGUARD FIDUCIARY TRUST CO

$429,458

1.51%

70,173

TWO SIGMA INVESTMENTS, LP

$249,849

0.88%

40,825

STATE STREET CORP

$176,965

0.62%

28,916

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
STATE STREET GLOBAL ADVISORS TRUST COMPANY	28,916	$176,965	100.0%	Defined

NORTHERN TRUST CORP

$165,214

0.58%

26,996

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
NORTHERN TRUST CO joint	26,996	$165,214	100.0%	Defined

DAFNA Capital Management LLC

$145,350

0.51%

23,750

JANE STREET GROUP, LLC

$144,762

0.51%

23,654

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Jane Street Capital, LLC	23,643	$144,695	100.0%	Defined
Jane Street Global Trading, LLC	11	$67	0.0%	Defined

Verdad Advisers, LP

$141,182

0.49%

23,069

RENAISSANCE TECHNOLOGIES LLC

$133,226

0.47%

21,769

Legacy Trust

$101,494

0.36%

16,584

FIFTH THIRD BANCORP

$85,680

0.30%

14,000

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Fifth Third Bank, National Association	14,000	$85,680	100.0%	Defined

DIMENSIONAL FUND ADVISORS LP

$84,994

0.30%

13,888

XTX Topco Ltd

$83,984

0.29%

13,723

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
XTX EXECUTION SERVICES LLC joint	13,723	$83,984	100.0%	Defined

TWO SIGMA SECURITIES, LLC

$79,835

0.28%

13,045

HRT FINANCIAL LP

$79,700

0.28%

13,023

BECK MACK & OLIVER LLC

$73,440

0.26%

12,000

UBS Group AG

$37,153

0.13%

6,071

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS Financial Services Inc	22	$134	0.4%	Defined
UBS AG	6,049	$37,019	99.6%	Defined

MORGAN STANLEY

$19,590

0.07%

3,201

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MORGAN STANLEY SMITH BARNEY LLC	3,201	$19,590	100.0%	Defined

Capital Analysts, LLC

$9,180

0.03%

1,500

Vanguard Global Advisers, LLC

$5,275

0.02%

862

ROYAL BANK OF CANADA

$4,675

0.02%

764

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RBC Capital Markets, LLC	751	$4,596	98.3%	Defined
Held directly	13	$79	1.7%	Sole

Tower Research Capital LLC (TRC)

$3,757

0.01%

614

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Latour Trading LLC (Latour)	614	$3,757	100.0%	Defined

Salomon & Ludwin, LLC

$1,774

0.01%

290

Allied Private Wealth LLC

$1,236

0.00%

202

New England Capital Financial Advisors LLC

$1,224

0.00%

200

BNP PARIBAS ARBITRAGE, SA

$673

0.00%

110

PNC FINANCIAL SERVICES GROUP, INC.

$623

0.00%

102

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
PNC Bank, National Association	102	$623	100.0%	Defined

Fortitude Family Office, LLC

$608

0.00%

127

BARCLAYS PLC

$391

0.00%

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BARCLAYS CAPITAL INC.	64	$391	100.0%	Defined

JPMORGAN CHASE & CO

$287

0.00%

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
J.P. Morgan Securities plc	47	$287	100.0%	Defined

Ameritas Advisory Services, LLC

$183

0.00%

JONES FINANCIAL COMPANIES LLLP

$159

0.00%

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Edward D. Jones & Co., L.P.	26	$159	100.0%	Sole

VALLEY NATIONAL ADVISERS INC

$119

0.00%

Key facts CIK 1660334 CUSIP 92511W207 13F (30d) 2 filings 2 filers Visit website Investor relations