Vericel Corporation
US ˙ NasdaqGM ˙ US92346J1088

SecurityVCEL / Vericel Corporation
InstitutionMorgan Stanley
Latest Disclosed Ownership470,421 shares
Latest Disclosed Value $ 15,133,474
Morgan Stanley reports 32.58% decrease in ownership of VCEL / Vericel Corporation

On May 15, 2026 - Morgan Stanley filed a 13F-HR form disclosing ownership of 470,421 shares of Vericel Corporation (US:VCEL) valued at $15,133,444 USD as of March 31, 2026. The entity filed a previous 13F-HR/A on May 27, 2026 disclosing 697,723 shares of Vericel Corporation. This represents a change in shares of -32.58% during the quarter. The current value of the position is $16,342,426 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-15 2026-03-31 13F VERICEL COM 92346J108 470,421 -227,302 -32.58 15,133 -39.77 0.0009
2026-05-27 2025-12-31 13F/A-1 VERICEL COM 92346J108 697,723 145,962 26.45 25,125 44.70 0.0015
2026-02-13 2025-12-31 13F VERICEL COM 92346J108 697,723 145,962 25,125 0.0015
2026-05-27 2025-09-30 13F/A-1 VERICEL COM 92346J108 551,761 83,749 17.89 17,364 -12.81 0.0011
2025-11-14 2025-09-30 13F VERICEL COM 92346J108 551,761 83,749 17,364 0.0011
2025-08-15 2025-06-30 13F VERICEL COM 92346J108 468,012 -99,043 -17.47 19,914 -21.30 0.0013
2025-05-15 2025-03-31 13F VERICEL COM 92346J108 567,055 36,919 6.96 25,302 -13.08 0.0018
2025-05-15 2024-12-31 13F/A-1 VERICEL COM 92346J108 530,136 25,736 5.10 29,110 36.60 0.0020
2025-02-14 2024-12-31 13F VERICEL COM 92346J108 530,136 25,736 29,110 0.0020
2025-05-14 2024-09-30 13F/A-2 VERICEL COM 92346J108 504,400 49,034 10.77 21,311 2.00 0.0015
2025-02-14 2024-09-30 13F/A-1 VERICEL COM 92346J108 504,400 49,034 21,311 0.0015
2024-11-14 2024-09-30 13F VERICEL COM 92346J108 504,400 49,034 21,311 0.0002
2025-05-14 2024-06-30 13F/A-2 VERICEL COM 92346J108 455,366 -2,894 -0.63 20,892 -12.36 0.0016
2024-10-17 2024-06-30 13F/A-1 VERICEL COM 92346J108 455,366 -2,894 20,892 0.0016
2024-08-14 2024-06-30 13F VERICEL COM 92346J108 455,366 -2,894 20,892 0.0016
2024-10-17 2024-03-31 13F/A-2 VERICEL COM 92346J108 458,260 -839,586 -64.69 23,839 -48.42 0.0019
2024-08-16 2024-03-31 13F/A-1 VERICEL COM 92346J108 458,260 -839,586 23,839 0.0019
2024-05-15 2024-03-31 13F VERICEL COM 92346J108 458,260 -839,586 23,839 0.0019
2024-08-16 2023-12-31 13F/A-1 VERICEL COM 92346J108 1,297,846 -58,580 -4.32 46,216 1.65 0.0041
2024-02-13 2023-12-31 13F VERICEL COM 92346J108 1,297,846 -58,580 46,216 0.0041
2023-11-15 2023-09-30 13F VERICEL COM 92346J108 1,356,426 692,260 104.23 45,467 82.22 0.0046
2023-08-14 2023-06-30 13F VERICEL COM 92346J108 664,166 97,985 17.31 24,953 50.31 0.0025
2023-05-15 2023-03-31 13F VERICEL COM 92346J108 566,181 -460,779 -44.87 16,600 -38.63 0.0018
2023-02-14 2022-12-31 13F VERICEL COM 92346J108 1,026,960 -461,279 -30.99 27,050 -21.66 0.0031
2022-11-14 2022-09-30 13F VERICEL COM 92346J108 1,488,239 -185,444 -11.08 34,527 -18.07 0.0047
2022-10-27 2022-06-30 13F/A-1 VERICEL COM 92346J108 1,673,683 1,018,393 155.41 42,143 68.26 0.0055
2022-08-15 2022-06-30 13F VERICEL COM 92346J108 1,673,683 1,018,393 42,143 0.0011
2022-10-27 2022-03-31 13F/A-1 VERICEL COM 92346J108 655,290 371,447 130.86 25,046 124.55 0.0034
2022-05-13 2022-03-31 13F VERICEL COM 92346J108 655,290 371,447 25,046 0.0034
2022-02-14 2021-12-31 13F VERICEL COM 92346J108 283,843 -1,194 -0.42 11,154 -19.81 0.0014
2021-11-15 2021-09-30 13F VERICEL COM 92346J108 285,037 -12,699 -4.27 13,910 -11.01 0.0019
2021-08-23 2021-06-30 13F/A-1 VERICEL COM 92346J108 297,736 -11,914 -3.85 15,631 -9.13 0.0021
2021-08-16 2021-06-30 13F VERICEL COM 92346J108 297,736 -11,914 15,631 0.0004
2021-05-17 2021-03-31 13F VERICEL COM 92346J108 309,650 94,687 44.05 17,202 159.11 0.0025
2021-02-16 2020-12-31 13F VERICEL COM 92346J108 214,963 184,732 611.07 6,639 1,083.42 0.0010
2020-11-13 2020-09-30 13F VERICEL COM 92346J108 30,231 -106,309 -77.86 561 -70.27 0.0001
2020-08-14 2020-06-30 13F VERICEL COM 92346J108 136,540 92,821 212.31 1,887 370.57 0.0004
2020-05-26 2020-03-31 13F/A-1 VERICEL COM 92346J108 43,719 -641,290 -93.62 401 -96.64 0.0001
2020-05-15 2020-03-31 13F VERICEL COM 92346J108 43,719 -641,290 401 30.8052
2020-02-14 2019-12-31 13F VERICEL COM 92346J108 685,009 633,748 1,236.32 11,919 1,433.98 0.0028
2019-11-14 2019-09-30 13F VERICEL COM 92346J108 51,261 3,911 8.26 777 -13.09 0.0002
2019-08-14 2019-06-30 13F VERICEL COM 92346J108 47,350 -14,505 -23.45 894 -17.45 0.0002
2019-05-15 2019-03-31 13F VERICEL COM 92346J108 61,855 -285,559 -82.20 1,083 -82.08 0.0003
2019-02-14 2018-12-31 13F VERICEL COM 92346J108 347,414 245,180 239.82 6,045 318.05 0.0018
2019-04-23 2018-09-30 13F/A-2 VERICEL COM 92346J108 102,234 16,724 19.56 1,446 74.43 0.0004
2018-11-20 2018-09-30 13F/A-1 VERICEL COM 92346J108 102,234 0 1,446 0.0004
2018-11-14 2018-09-30 13F VERICEL COM 92346J108 102,234 16,724 1,446
2019-04-23 2018-06-30 13F/A-1 VERICEL COM 92346J108 85,510 -88,758 -50.93 829 -52.19 0.0002
2018-08-14 2018-06-30 13F VERICEL COM 92346J108 85,510 -88,758 829
2019-04-23 2018-03-31 13F/A-1 VERICEL COM 92346J108 174,268 172,003 7,593.95 1,734 14,350.00 0.0005
2018-05-14 2018-03-31 13F VERICEL COM 92346J108 174,268 172,003 1,734
2019-04-23 2017-12-31 13F/A-1 VERICEL COM 92346J108 2,265 -6,740 -74.85 12 -77.78 0.0000
2018-02-14 2017-12-31 13F VERICEL COM 92346J108 2,265 -6,740 12
2017-11-14 2017-09-30 13F VERICEL COM 92346J108 9,005 7,358 446.75 54 980.00 0.0000
2017-08-11 2017-06-30 13F VERICEL COM 92346J108 1,647 -9,748 -85.55 5 -84.37 0.0000
2017-05-22 2017-03-31 13F/A-1 VERICEL COM 92346J108 11,395 -6,875 -37.63 32 -41.82 0.0000
2017-05-12 2017-03-31 13F VERICEL COM 92346J108 11,395 32
2017-02-22 2016-12-31 13F/A-1 VERICEL COM 92346J108 18,270 18,257 140,438.46 55 71.88 0.0000
2017-02-13 2016-12-31 13F VERICEL COM 92346J108 18,270 55
2016-11-10 2016-09-30 13F VERICEL COM 92346J108 13 0 0.00 0 -100.00 0.0000
2016-08-12 2016-06-30 13F VERICEL COM 92346J108 13 -569 -97.77 0 -100.00
2016-05-12 2016-03-31 13F VERICEL COM 92346J108 582 504 646.15 3 0.0000
2016-02-09 2015-12-31 13F VERICEL COM 92346J108 78 -4,202 -98.18 0 -100.00
2016-02-08 2015-09-30 13F/A-1 VERICEL COM 92346J108 4,280 -23,658 -84.68 11 -89.00 0.0000
2015-11-09 2015-09-30 13F VERICEL COM 92346J108 4,280 11
2015-08-12 2015-06-30 13F VERICEL COM 92346J108 27,938 -24,958 -47.18 100 -48.72 0.0000
2015-05-14 2015-03-31 13F VERICEL COM 92346J108 52,896 52,858 139,100.00 195 95.00 0.0001
2015-02-13 2014-12-31 13F VERICEL COM 92346J108 38 38 0 0.0000
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.