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Vanda Pharmaceuticals Inc.

VNDA
Exchange
Nasdaq
Industry
Pharmaceutical Preparations
SEC CIK
0001347178

No open-market purchases or sales by Vanda Pharmaceuticals Inc. insiders were filed in the last 90 days; 172 institutions reported holding it in 13F filings for Q2 2026, worth $304.1M in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in Vanda Pharmaceuticals Inc. as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
153
+5 vs. Q3 2025
Shares held
41.9M
−2.94M (−6.5%) vs. Q3 2025
Total value
$369.4M
+$145.7M (+65.1%) vs. Q3 2025
New holders
28
39 more added
Sold out
23
64 more reduced

2 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting VNDA on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 153 institutions
Q1 2021: 189 institutionsQ2 2021: 181 institutionsQ3 2021: 182 institutionsQ4 2021: 198 institutionsQ1 2022: 188 institutionsQ2 2022: 174 institutionsQ3 2022: 178 institutionsQ4 2022: 190 institutionsQ1 2023: 178 institutionsQ2 2023: 188 institutionsQ3 2023: 180 institutionsQ4 2023: 157 institutionsQ1 2024: 144 institutionsQ2 2024: 148 institutionsQ3 2024: 152 institutionsQ4 2024: 146 institutionsQ1 2025: 146 institutionsQ2 2025: 140 institutionsQ3 2025: 150 institutionsQ4 2025: 153 institutionsQ1 2026: 171 institutionsQ2 2026: 172 institutions
Value heldQ4 2025: $369.4M
Q1 2021: $820.0MQ2 2021: $1.18BQ3 2021: $946.9MQ4 2021: $851.4MQ1 2022: $636.7MQ2 2022: $610.6MQ3 2022: $544.1MQ4 2022: $410.0MQ1 2023: $395.9MQ2 2023: $370.7MQ3 2023: $227.2MQ4 2023: $213.8MQ1 2024: $198.0MQ2 2024: $246.0MQ3 2024: $206.3MQ4 2024: $206.7MQ1 2025: $202.1MQ2 2025: $212.4MQ3 2025: $224.0MQ4 2025: $369.4MQ1 2026: $319.4MQ2 2026: $304.1M
Institutions holding VNDA and their total value by quarter
QuarterHoldersValue
Q2 2026172$304.1M
Q1 2026171$319.4M
Q4 2025153$369.4M
Q3 2025150$224.0M
Q2 2025140$212.4M
Q1 2025146$202.1M
Q4 2024146$206.7M
Q3 2024152$206.3M
Q2 2024148$246.0M
Q1 2024144$198.0M
Q4 2023157$213.8M
Q3 2023180$227.2M
Q2 2023188$370.7M
Q1 2023178$395.9M
Q4 2022190$410.0M
Q3 2022178$544.1M
Q2 2022174$610.6M
Q1 2022188$636.7M
Q4 2021198$851.4M
Q3 2021182$946.9M
Q2 2021181$1.18B
Q1 2021189$820.0M

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Vanda Pharmaceuticals Inc.; share changes are against Q3 2025.

Institutions holding VNDA in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Bridgeway Capital Management, LLC79,600$702.1K0.01%−46,100−36.7%Reduced
Bank of America Corp81,414$718.1K0.00%−25,022−23.5%Reduced
Tudor Investment Corp Et Al88,588$781.3K0.00%−40,048−31.1%Reduced
Alliancebernstein L.P.91,423$806.4K0.00%−12,820−12.3%Reduced
Simplex Trading, LLC94,115$830.1K0.02%+62,436+197.1%Added
Kotler Kevin100,000$882.0K0.65%+100,000New
Massachusetts Financial Services Co103,446$912.4K0.00%−35,359−25.5%Reduced
Ameriprise Financial Inc112,395$991.3K0.00%+82,903+281.1%Added
Panagora Asset Management Inc118,987$1.05M0.00%+3,928+3.4%Added
Invesco Ltd.122,995$1.08M0.00%−18,260−12.9%Reduced
UBS Group AG124,665$1.10M0.00%−1,451−1.2%Reduced
KLP Kapitalforvaltning AS135,400$1.19M0.00%00.0%Unchanged
Squarepoint Ops LLC135,839$1.20M0.00%+21,285+18.6%Added
Gsa Capital Partners LLP148,757$1.31M0.11%−170,042−53.3%Reduced
American Century Companies Inc150,419$1.33M0.00%+4,155+2.8%Added
Susquehanna Portfolio Strategies, LLC150,427$1.33M0.02%+39,087+35.1%Added
State of Wisconsin Investment Board150,542$1.33M0.00%+48,149+47.0%Added
Citigroup Inc152,491$1.34M0.00%+125,883+473.1%Added
Bank of New York Mellon Corp171,670$1.51M0.00%−7,949−4.4%Reduced
Janney Montgomery Scott LLC175,541$1.55M0.00%+175,541New
Wellington Management Group LLP178,851$1.58M0.00%−10,196−5.4%Reduced
SEI Investments Co190,261$1.68M0.00%00.0%Unchanged
Susquehanna International Group, LLP190,622$1.68M0.00%+60,662+46.7%Added
Barclays PLC191,036$1.68M0.00%−31,543−14.2%Reduced
Monaco Asset Management SAM196,286$1.73M0.51%−51,519−20.8%Reduced
Trexquant Investment LP204,491$1.80M0.02%+204,491New
FMR LLC222,269$1.96M0.00%+42,728+23.8%Added
Kennedy Capital Management, Inc.235,169$2.07M0.04%−1,476−0.6%Reduced
Quantinno Capital Management LP261,802$2.31M0.00%+179,504+218.1%Added
Nuveen, LLC291,473$2.57M0.00%+120,428+70.4%Added
JPMorgan Chase & Co396,017$3.49M0.00%+196,124+98.1%Added
Goldman Sachs Group Inc408,342$3.60M0.00%+68,641+20.2%Added
Northern Trust Corp429,113$3.78M0.00%−25,459−5.6%Reduced
Jump Financial, LLC473,800$4.18M0.05%+335,800+243.3%Added
Charles Schwab Investment Management Inc500,515$4.41M0.00%+11,579+2.4%Added
Federated Hermes, Inc.554,427$4.89M0.01%−127,409−18.7%Reduced
Morgan Stanley593,023$5.23M0.00%−44,476−7.0%Reduced
AQR Capital Management LLC627,006$5.53M0.00%−41,460−6.2%Reduced
Jacobs Levy Equity Management, Inc708,428$6.25M0.02%+599,818+552.3%Added
Connor, Clark & Lunn Investment Management Ltd.743,546$6.56M0.02%−160,998−17.8%Reduced
Two Sigma Investments, LP978,990$8.63M0.01%+316,685+47.8%Added
Two Sigma Advisers, LP1,049,300$9.25M0.02%+140,000+15.4%Added
Empire Financial Management Company, LLC1,108,245$9.77M2.12%+350,154+46.2%Added
Krensavage Asset Management, LLC1,180,388$10.4M3.68%00.0%Unchanged
State Street Corp1,263,539$11.1M0.00%−7,540−0.6%Reduced
Geode Capital Management, LLC1,391,790$12.3M0.00%−2950.0%Reduced
Millennium Management LLC1,679,013$14.8M0.01%−1,571,823−48.4%Reduced
AIGH Capital Management LLC1,998,431$17.6M5.21%+1,998,431New
Dimensional Fund Advisors LP2,118,428$18.7M0.00%−445,541−17.4%Reduced
Acadian Asset Management LLC2,410,414$21.3M0.03%+181,670+8.2%Added
Renaissance Technologies LLC3,380,961$29.8M0.05%−95,964−2.8%Reduced
Vanguard Group Inc3,731,851$32.9M0.00%+144,712+4.0%Added
BlackRock, Inc.7,773,535$68.6M0.00%−1,144,770−12.8%Reduced
Tang Capital Management LLC0$00.00%−2,353,307−100.0%Sold out
Marshall Wace, LLP0$00.00%−581,247−100.0%Sold out
Prudential Financial Inc0$00.00%−449,403−100.0%Sold out
Citadel Advisors LLC0$00.00%−263,806−100.0%Sold out
Stonepine Capital Management, LLC0$00.00%−195,000−100.0%Sold out
Profit Investment Management, LLC0$00.00%−186,400−100.0%Sold out
ExodusPoint Capital Management, LP0$00.00%−68,103−100.0%Sold out
PharVision Advisers, LLC0$00.00%−57,037−100.0%Sold out
Algert Global LLC0$00.00%−34,934−100.0%Sold out
Nomura Holdings Inc0$00.00%−30,487−100.0%Sold out
XTX Topco Ltd0$00.00%−30,121−100.0%Sold out
Readystate Asset Management LP0$00.00%−27,610−100.0%Sold out
Bailard, Inc.0$00.00%−26,169−100.0%Sold out
Caption Management, LLC0$00.00%−22,067−100.0%Sold out
Envestnet Asset Management Inc0$00.00%−16,822−100.0%Sold out
Boothbay Fund Management, LLC0$00.00%−14,446−100.0%Sold out
Engineers Gate Manager LP0$00.00%−12,867−100.0%Sold out
HRT Financial LP0$00.00%−11,280−100.0%Sold out
Quarry LP0$00.00%−10,702−100.0%Sold out
HighTower Advisors, LLC0$00.00%−7,490−100.0%Sold out
Advisory Services Network, LLC0$00.00%−21−100.0%Sold out
Covestor Ltd0$00.00%−66−100.0%Sold out
Summit Wealth Group LLC0$00.00%−1,843−100.0%Sold out
Cubist Systematic Strategies, LLC––––Not filed
Point72 Europe (London) LLP––––Not filed