Viridian Therapeutics, Inc.

VRDN • NASDAQ

Viridian Therapeutics, Inc. is a biotechnology company in the healthcare sector on NASDAQ, led by Stephen Mahoney, with a market cap of $3.1B. As of Q3 2025, 114% of shares are held by 168 institutional investors, with FMR LLC as the largest holder at 15.0%.

Chief Executive OfficerStephen Mahoney

Market Cap$3.1B

Biotechnology

Healthcare

Employees94.0

Websiteviridiantherapeutics.com

Country

United States of America

Overview

Overview of institutional ownership in VRDN as of Q3 2025 with a market cap of $1.8B

All Institutions

Institutions: 168
Value Held: $2.0B
Shares Held: 93.2M
Avg Position: $12.0M
Median Position: $1.3M

Hedge Funds

Hedge Funds: 35
Value Held: $681.3M
Shares Held: 31.6M
Avg Position: $19.5M
Median Position: $4.4M

Ownership Breakdown

Institutional (non-HF)

75.47%

$1.3B

Hedge Funds

38.66%

$681.3M

Retail & Other

Based on market cap of $1.8B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in VRDN as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
FMR LLC Institution	-	$264.3M 0.01% of portfolio	15.00% 12.2M shares	Q2 2022 Held for 3y 5m	$1.92T
B BlackRock, Inc. Institution	-	$117.1M 0.00% of portfolio	6.65% 5.4M shares	Q1 2017 Held for 8y 8m	$5.67T
Deep Track Capital, LP Hedge Fund•Long/Short	David Eric Kroin CIO	$116.1M 3.30% of portfolio	6.59% 5.4M shares	Q4 2021 Held for 3y 11m	$3.5B
K Kynam Capital Management, LP Hedge Fund•Long/Short	Jared Joseph Keller COO	$95.6M 7.11% of portfolio	5.42% 4.4M shares	Q4 2021 Held for 3y 11m	$1.3B
VANGUARD GROUP INC Institution	Salim Ramji CEO	$93.5M 0.00% of portfolio	5.30% 4.3M shares	Q1 2015 Held for 10y 8m	$6.69T
VR Adviser, LLC Venture Capital	Jessica Tong Baron CFO	$83.8M 4.72% of portfolio	4.75% 3.9M shares	Q4 2020 Held for 4y 11m	$1.8B
Fairmount Funds Management LLC Hedge Fund•Sector	Peter Evan Harwin Managing Partner	$74.7M 6.72% of portfolio	4.24% 3.5M shares	Q4 2020 Held for 4y 11m	$1.1B
COMMODORE CAPITAL LP Hedge Fund•Long/Short	Michael Jonathan Kramarz Managing Partner	$69.1M 3.37% of portfolio	3.92% 3.2M shares	Q1 2021 Held for 4y 8m	$2.0B
T TANG CAPITAL MANAGEMENT LLC Institution	-	$61.4M 2.41% of portfolio	3.48% 2.8M shares	Q2 2022 Held for 3y 5m	$2.5B
Paradigm Biocapital Advisors LP Hedge Fund•Long/Short	Dr. Senai Nmn Asefaw CIO	$56.3M 1.67% of portfolio	3.20% 2.6M shares	Q4 2021 Held for 3y 11m	$3.4B

Net Capital Flow

Institutional buying and selling activity for VRDN in Q3 2025

Traded: −$23.7M
Buyers: 69
Sellers: 83
Total Bought: +$113.3M
Total Sold: −$137.0M
Avg Position: $10.8M

Biggest Buyers

Institution	Net Bought	Current Position
PERCEPTIVE ADVISORS LLC Hedge Fund•Long/Short	+$21.9M +1.0M shares	$31.6M 1.5M shares
WELLINGTON MANAGEMENT CO LLP Long Only Manager	+$18.4M +852.0K shares	$24.2M 1.1M shares
F Fisher Asset Management, LLC Institution	+$14.9M +691.3K shares	$25.9M 1.2M shares
$DEUTSCHE BANK AG\ logo$ DEUTSCHE BANK AG\ Institution	+$11.9M +550.5K shares	$20.2M 937.5K shares
R RICE HALL JAMES & ASSOCIATES, LLC Long Only Manager	+$7.3M +336.0K shares	$18.4M 851.7K shares
SILVERARC CAPITAL MANAGEMENT, LLC Hedge Fund•Long/Short	+$5.6M +259.5K shares	$5.6M 259.5K shares
LOOMIS SAYLES & CO L P Long Only Manager	+$4.6M +211.9K shares	$33.5M 1.6M shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$4.4M +202.8K shares	$4.4M 202.8K shares
DIMENSIONAL FUND ADVISORS LP Long Only Manager	+$3.3M +153.1K shares	$13.8M 638.8K shares
A ADAGE CAPITAL PARTNERS GP LLC Institution	+$2.4M +111.5K shares	$26.3M 1.2M shares

Biggest Sellers

Institution	Net Sold	Current Position
COMMODORE CAPITAL LP Hedge Fund•Long/Short	−$36.1M −1.7M shares	$69.1M 3.2M shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$12.3M −572.2K shares	$1.7M 77.4K shares
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	−$10.3M −477.2K shares	$52.2M 2.4M shares
Marshall Wace LLP Institution	−$7.3M −338.7K shares	$18.8M 869.2K shares
Ikarian Capital, LLC Hedge Fund•Event Driven	−$4.8M −224.4K shares	$5.3M 245.5K shares
Pictet Asset Management Holding SA Long Only Manager	−$4.7M −216.4K shares	$22.6M 1.0M shares
VANGUARD GROUP INC Institution	−$3.8M −176.5K shares	$93.5M 4.3M shares
Parkman Healthcare Partners LLC Hedge Fund•Long/Short	−$3.1M −144.3K shares	$24.9M 1.2M shares
Affinity Asset Advisors, LLC Hedge Fund•Long/Short	−$3.0M −140.0K shares	$5.4M 250.0K shares
GOLDMAN SACHS GROUP INC Institution	−$2.9M −135.3K shares	$16.5M 764.6K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited VRDN in Q3 2025

New Positions: 9
New Value: $3.9M
Exited Positions: 18
Exited Value: $9.2M

New Positions

Institution	Position Value
Propel Bio Management, LLC Hedge Fund•Sector	$1.9M 90.0K shares
S Simplify Asset Management Inc. Institution	$1.1M 50.0K shares
C Campbell & CO Investment Adviser LLC Hedge Fund•Quant Macro	$567.9K 26.3K shares
Legato Capital Management LLC Fund of Funds	$211.4K 9.8K shares
Rockefeller Capital Management L.P. Long Only Manager	$22.0K 1.0K shares
Q Quarry LP Institution	$17.3K 801.0 shares
O Optiver Holding B.V. Institution	$12.4K 576.0 shares
SRS Capital Advisors, Inc. RIA/Wealth	$2.5K 115.0 shares
MONTAG A & ASSOCIATES INC RIA/Wealth	$259.0 12.0 shares

Exited Positions

Institution	Previous Position
UBS OCONNOR LLC Long Only Manager	$1.8M 131.3K shares
DIADEMA PARTNERS LP Hedge Fund•Long/Short	$1.7M 122.1K shares
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	$1.5M 104.0K shares
Vestal Point Capital, LP Hedge Fund•Long/Short	$1.4M 100.0K shares
TWO SIGMA ADVISERS, LLC Hedge Fund•Multi-Strategy	$1.3M 93.8K shares
P Persistent Asset Partners Ltd Institution	$391.9K 28.0K shares
T TWINBEECH CAPITAL LP Hedge Fund•Quant	$313.4K 22.4K shares
ALGERT COLDIRON INVESTORS LLC Hedge Fund•Quant	$261.3K 18.7K shares
SPRINGBOK CAPITAL MANAGEMENT, LLC Fund of Funds	$243.3K 17.4K shares
Engineers Gate Manager LP Hedge Fund•Quant	$230.7K 16.5K shares

Options Activity

Institutions with the largest Call and Put options positions in VRDN as of Q3 2025

Call Positions: 5
Call Value: $854.6K
Put Positions: 3
Put Value: $2.0M

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$336.6K 156.0 contracts
J JANE STREET GROUP, LLC Institution	$302.1K 140.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$211.5K 98.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$4.3K 2.0 contracts
Caption Management, LLC Hedge Fund•Long/Short	- - contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$1.0M 476.0 contracts
Caption Management, LLC Hedge Fund•Long/Short	$1.0M 465.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$4.3K 2.0 contracts

Most Committed Institutions

Institutions with VRDN as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
K Kynam Capital Management, LP Hedge Fund•Long/Short	Jared Joseph Keller COO	7.11% $95.6M	5.42% 4.4M shares	Q4 2021 Held for 3y 11m	$1.3B
Fairmount Funds Management LLC Hedge Fund•Sector	Peter Evan Harwin Managing Partner	6.72% $74.7M	4.24% 3.5M shares	Q4 2020 Held for 4y 11m	$1.1B
5 5AM Venture Management, LLC Institution	-	5.82% $15.9M	0.90% 736.6K shares	Q3 2022 Held for 3y 2m	$273.0M
R Rosalind Advisors, Inc. Institution	-	4.91% $12.9M	0.73% 600.0K shares	Q1 2025 Held for 8 months	$263.6M
VR Adviser, LLC Venture Capital	Jessica Tong Baron CFO	4.72% $83.8M	4.75% 3.9M shares	Q4 2020 Held for 4y 11m	$1.8B
YIHENG CAPITAL LLC Hedge Fund•Long/Short	Yuanshan Guo Managing Partner	3.62% $10.8M	0.61% 500.3K shares	Q3 2022 Held for 3y 2m	$297.8M
N Novo A/S Institution	-	3.37% $51.4M	2.91% 2.4M shares	Q1 2024 Held for 1y 8m	$1.5B
COMMODORE CAPITAL LP Hedge Fund•Long/Short	Michael Jonathan Kramarz Managing Partner	3.37% $69.1M	3.92% 3.2M shares	Q1 2021 Held for 4y 8m	$2.0B
Deep Track Capital, LP Hedge Fund•Long/Short	David Eric Kroin CIO	3.30% $116.1M	6.59% 5.4M shares	Q4 2021 Held for 3y 11m	$3.5B
Eversept Partners, LLC Hedge Fund•Long/Short	Rishi Rasesh Shah President	3.18% $41.5M	2.36% 1.9M shares	Q3 2023 Held for 2y 2m	$1.3B

Hedge Fund Spotlight

Discover hedge funds investing in VRDN

BAKER BROS. ADVISORS LP

Hedge Fund • Sector

Portfolio ManagerScott Lawrence Lessing

Portfolio Value: $10.8B
Positions: 88
Last Reported: Q3 2025

Sector Allocation

Position in Viridian Therapeutics, Inc.

Market Value: $37.6M
Shares Held: 1.7M
Portfolio Weight: 0.35%
Owned Since: 2025-Q2

Top Holding	Sector	Market Value	Weight
1 Incyte INCY	Biotechnology Healthcare	$2.6B	24.14%
2 Madrigal Pharmaceuticals, Inc. MDGL	Biotechnology Healthcare	$982.3M	9.10%
3 Insmed INSM	Biotechnology Healthcare	$965.4M	8.94%