VSEE · Vsee Health, Inc. · Holdings

$0.03 -0.02 (-34.00%) At close · Aug 6

Market Cap

$1.59M

708,498

Volume · Aug 6 5.75M Avg daily vol (3M) —

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 VSEE: 13F, 13D and 13G, insiders and funds →

Some SEC filings for this period have not finished importing. Holder totals and changes may be incomplete; these filings remain queued for recovery.

Quarter:

Holders: 37

Total Value: $796,142

Total Shares: 9,747,589

Institutional Ownership Trend

19 quarters

Holder Concentration

Across 37 13F filers · Δ vs Mar 31, 2026

Top Holder

59.2%

−16.5 pts

Top 5

81.9%

−8.7 pts

Top 10

90.8%

−4.9 pts

HHI

3,708

Highly concentrated−2,138

Who Holds VSEE

Last 8 quarters through Jun 30, 2026

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: 35 filers, like-for-like change +3.0%; actively managed books +2.9%; index-like books +4.2%.

Holder type	Share	Filers	Change	New
Registered adviser	44.7%	15	+0.1%	0
Bank	3.2%	5	+0.3%	2
Non-US	7.9%	1	0.0%	0
Holding company	1.3%	2	+3.6%	1
Broker-dealer	0.0%	0	—	0
Unknown	42.9%	12	+6.9%	2

Style	Share	Filers	Change	New
Index-like	1.6%	6	+4.2%	1
Systematic-like	16.1%	5	-0.3%	0
Concentrated	18.1%	3	+0.2%	0
Diversified active	64.2%	21	+4.6%	4
Not measured	0.0%	0	—	0
Unknown	0.0%	0	—	0

Turnover	Share	Filers	Change	New
Low turnover	5.3%	8	-0.7%	2
Medium turnover	39.3%	8	+6.2%	1
High turnover	45.0%	15	+1.1%	2
Unknown	10.4%	4	+1.4%	0
Not measured	0.0%	0	—	0

Holding horizon	Share	Filers	Change	New
Short horizon	29.1%	8	+0.7%	0
Medium horizon	15.8%	1	0.0%	0
Long horizon	24.7%	17	+10.2%	4
Unknown	30.3%	9	+1.2%	1
Not measured	0.0%	0	—	0

13F book size	Share	Filers	Change	New
Under $1B	6.7%	3	+0.1%	0
$1B to $10B	57.1%	15	+4.3%	0
$10B to $100B	21.4%	5	+0.8%	2
$100B or more	14.8%	12	+2.4%	3
Not measured	0.0%	0	—	0

Client base	Share	Filers	Change	New
Individuals and high net worth	3.9%	3	0.0%	0
Pooled investment vehicles	39.6%	8	+0.4%	0
Registered funds and BDCs	1.2%	3	-7.3%	0
Diversified	0.1%	1	+19.1%	0
Other investment advisers	0.0%	0	—	0
Corporations	0.0%	0	—	0
Unknown	55.3%	20	+5.4%	5

Private funds	Share	Filers	Change	New
Hedge funds	40.6%	10	+0.4%	0
No private funds	4.0%	5	-2.2%	0
Private equity funds	0.0%	0	—	0
Real estate funds	0.0%	0	—	0
Other private funds	0.0%	0	—	0
Private funds, type not stated	0.0%	0	—	0
Unknown	55.3%	20	+5.4%	5

Location	Share	Filers	Change	New	Exited
United States	73.0%	29	+4.1%	4	0
Outside the US	27.0%	6	+0.1%	1	0

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 2026-06-30 13F.

Conviction and Crowding

20 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

11.7%

of shares outstanding, 34th percentile

Mar 31, 2026: 7.83%

Private-fund advisers

8.76%

of shares outstanding

Institutional ownership

13.7%

15.7% of the estimated free float

Top 10 holders

96.9%

of 13F shares, Herfindahl 0.400

Active holders

+54.6%

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 2.1 quarters

Under 1 year 96.0% 1 to 3 years 4.04% 3 years or more 0.000% 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).

Shareholder Targets

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

VSEE has no holder-overlap peers, so these filers hold the largest Healthcare stocks: LLY, JNJ, ABBV, UNH, MRK, TMO, AMGN, AZN, GILD, ABT, ISRG, VRTX, CVS, DHR, SYK, BMY, PFE, MDT, MCK, ELV. 6,272 filers in all.

#	Filer	In peers	Of book	Largest peers
1	BlackRock, Inc. Holding company, Index-like	$399,992,110,610 20 held	5.97%	LLY, JNJ, ABBV
2	VANGUARD PORTFOLIO MANAGEMENT LLC Registered adviser, Diversified active	$116,012,260,024 20 held	5.23%	LLY, JNJ, ABBV
3	LILLY ENDOWMENT INC Unknown, Unknown	$108,400,867,760 1 held	100.0%	LLY
4	FMR LLC Holding company, Diversified active	$102,008,860,554 20 held	4.44%	LLY, UNH, GILD
5	JPMORGAN CHASE & CO Bank, Diversified active	$92,751,126,760 20 held	5.38%	LLY, JNJ, ABBV
6	MORGAN STANLEY Holding company, Index-like	$91,022,115,433 20 held	4.82%	LLY, JNJ, ABBV
7	Capital World Investors Adviser, Diversified active	$89,827,396,720 14 held	10.7%	LLY, VRTX, UNH
8	NORGES BANK Non-US, Index-like	$70,478,623,091 20 held	7.02%	LLY, JNJ, ABBV
9	PRICE T ROWE ASSOCIATES INC /MD/ Registered adviser, Diversified active	$69,817,479,779 20 held	7.01%	LLY, UNH, JNJ
10	PNC FINANCIAL SERVICES GROUP, INC. Bank, Concentrated	$67,493,367,200 20 held	33.5%	LLY, JNJ, ABBV

Fund Ownership of VSEE by Fund Type

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

Index funds and index ETFs hold 1.08% of shares outstanding.

Fund type	Of shares outstanding	Change	Shares	Funds
Index funds	0.70%	+0.58 pp	4,956	4
Index ETFs	0.38%	0.00 pp	2,671	1
Active ETFs	0.00%	0.00 pp	0	0
Active funds	0.00%	0.00 pp	0	0
Unclassified	0.00%	0.00 pp	0	0
All registered funds	1.08%	+0.58 pp	7,627	5

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.

Quarterly Activity

vs Mar 31, 2026

New

Increased

Decreased

Sold Out

Unchanged

New and Sold Out count only filers that reported a 13F for both quarters: a first-time filer's book is not a buy, and a fund that has not filed, or withheld its positions under confidential treatment, has not sold.

Holder count: +4

Institutional value: -31.0%

Shares held: +30.3%

Top Buyers

vs Mar 31, 2026

Institution	Added	Now Holds
Mid ARMISTICE CAPITAL, LLC	+7,261	50,989
Mega VANGUARD FIDUCIARY TRUST CO	+4,402	4,429
Mid Virtu Financial LLC	+960	1,325
Mid XTX Topco Ltd	+949	1,614
Mid TWO SIGMA SECURITIES, LLC	+907	1,316

Top Sellers

vs Mar 31, 2026

Institution	Sold	Now Holds
Mega GEODE CAPITAL MANAGEMENT, LLC	−2,881	2,589
Mega UBS Group AG	−211	248
Mid Tower Research Capital LLC (TRC)	−7	50

Top New Positions

vs Mar 31, 2026

Institution	Acquired	Value (USD)
Mega JANE STREET GROUP, LLC	9,817	$90,783
Large OSAIC HOLDINGS, INC.	1,247	$11,974
Mega NORTHERN TRUST CORP	342	$3,164
Mega BARCLAYS PLC	19	$176
Large HRT FINANCIAL LP	3,974	$36

Top Sold-Out Positions

vs Mar 31, 2026

No fully closed positions this quarter.

Filter: New 5 Increased 10 Reduced 3 Sold out 0 Unchanged 19

Holder type: Registered adviser 16 Bank 5 Non-US 2 Holding company 2 Unknown 12

Showing 41 of 41

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

ARMISTICE CAPITAL, LLC

$471,547

59.23%

4,079,129

JANE STREET GROUP, LLC

$90,783

11.40%

785,322

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	468,204	$54,124	59.6%	Defined
Jane Street Global Trading, LLC	317,118	$36,658	40.4%	Defined

VANGUARD FIDUCIARY TRUST CO

$41,099

5.16%

354,298

VANGUARD CAPITAL MANAGEMENT LLC

$24,791

3.11%

213,716

GEODE CAPITAL MANAGEMENT, LLC

$23,938

3.01%

207,081

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	2,989	$345	1.4%	Defined
Held directly	204,092	$23,592	98.6%	Defined

Linden Advisors LP VSEEW

$17,200

2.16%

500,000

MMCAP International Inc. SPC VSEEW

$15,150

1.90%

500,000

XTX Topco Ltd

$14,931

1.88%

129,160

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	129,160	$14,931	100.0%	Defined

OSAIC HOLDINGS, INC.

$11,974

1.50%

99,785

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

Manager	Shares	Value (USD)	% of position	Discretion
OSAIC WEALTH, INC.	99,785	$11,974	100.0%	Defined

D. E. Shaw & Co., Inc. VSEEW

$11,680

1.47%

365,000

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

Manager	Shares	Value (USD)	% of position	Discretion
D. E. SHAW & CO, L.P.	365,000	$11,680	100.0%	Defined

BOOTHBAY FUND MANAGEMENT, LLC VSEEW

$10,078

1.27%

87,179

Clear Street Group Inc. VSEEW

$9,702

1.22%

320,203

TWO SIGMA SECURITIES, LLC

$8,442

1.06%

73,029

Alberta Investment Management Corp VSEEW

$7,575

0.95%

250,000

Saba Capital Management, L.P. VSEEW

$7,370

0.93%

243,249

WHITEBOX ADVISORS LLC VSEEW

$7,045

0.88%

232,500

StoneX Group Inc. VSEEW

$3,200

0.40%

97,275

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

Manager	Shares	Value (USD)	% of position	Discretion
STONEX FINANCIAL INC.	97,275	$3,200	100.0%	Defined

NORTHERN TRUST CORP

$3,164

0.40%

27,373

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	27,373	$3,163	100.0%	Defined

TORONTO DOMINION BANK VSEEW

$2,979

0.37%

99,300

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

Manager	Shares	Value (USD)	% of position	Discretion
TD SECURITIES (USA) LLC	99,300	$2,979	100.0%	Defined

Yakira Capital Management, Inc. VSEEW

$2,678

0.34%

88,380

UBS Group AG

$2,091

0.26%

18,022

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

Manager	Shares	Value (USD)	% of position	Discretion
UBS AG	18,022	$2,091	100.0%	Defined

GOLDMAN SACHS GROUP INC

$1,726

0.22%

14,932

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

Manager	Shares	Value (USD)	% of position	Discretion
GOLDMAN SACHS & CO. LLC	14,932	$1,726	100.0%	Defined

Wealthcare Advisory Partners LLC

$1,630

0.20%

14,098

GOLDMAN SACHS GROUP INC VSEEW

$1,214

0.15%

40,050

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

Manager	Shares	Value (USD)	% of position	Discretion
GOLDMAN SACHS & CO. LLC	40,050	$1,214	100.0%	Defined

TWO SIGMA SECURITIES, LLC VSEEW

$977

0.12%

32,249

MILLENNIUM MANAGEMENT LLC VSEEW

$909

0.11%

30,000

WOLVERINE ASSET MANAGEMENT LLC VSEEW

$791

0.10%

26,094

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

Manager	Shares	Value (USD)	% of position	Discretion
Wolverine Holdings, LLC	26,094	$791	100.0%	Defined

SUSQUEHANNA INTERNATIONAL GROUP, LLP VSEEW

$586

0.07%

18,306

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

Manager	Shares	Value (USD)	% of position	Discretion
G1 EXECUTION SERVICES, LLC	18,306	$586	100.0%	Other

Tower Research Capital LLC (TRC)

$465

0.06%

4,020

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)	4,020	$465	100.0%	Defined

BARCLAYS PLC

$176

0.02%

1,526

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

Manager	Shares	Value (USD)	% of position	Discretion
BARCLAYS CAPITAL INC.	1,526	$176	100.0%	Defined

HARBOUR INVESTMENTS, INC. DHAC

$87

0.01%

750

RIVERNORTH CAPITAL MANAGEMENT, LLC VSEEW

$62

0.01%

31,104

UBS Group AG VSEEW

$54

0.01%

1,786

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

Manager	Shares	Value (USD)	% of position	Discretion
UBS Securities LLC	1,786	$54	100.0%	Defined

HRT FINANCIAL LP

$36

0.00%

317,924

Virtu Financial LLC

$12

0.00%

105,998

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

Manager	Shares	Value (USD)	% of position	Discretion
Virtu Americas LLC	105,998	$12	100.0%	Defined

CITADEL ADVISORS LLC

—

33,557

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

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	33,557	$0	—	Defined

Quad-Cities Investment Group, LLC VSEEW

—

121,000

Cygnus Capital Advisors, LLC

—

142,908

SBI Securities Co., Ltd.

—

CITADEL ADVISORS LLC VSEEW

—

22,385

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

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	22,385	$0	—	Defined

STATE STREET CORP

—

18,900

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	18,900	$0	—	Defined

Key facts CIK 1864531 CUSIP 92919Y102 Visit website Investor relations