Artisan Discloses 6.32M-Share Stake in Veracyte; Shared Voting Power

Rhea-AI Filing Summary

This Schedule 13G/A shows Artisan Partners entities beneficially own 6,321,775 shares of Veracyte common stock, equal to 8.1% of the class based on 78,314,611 shares outstanding. The reported position reflects shared voting power of 5,220,102 and shared dispositive power over the full 6,321,775 shares, with no sole voting or dispositive power asserted. The filing states the shares are held for discretionary clients of the adviser and were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control. The document names the reporting entities within the Artisan Partners group.

Positive

• Artisan Partners beneficially owns 6,321,775 shares, representing a 8.1% stake, a material institutional position.
• The filing clarifies reporting structure across Artisan entities and discloses shared voting power of 5,220,102, improving transparency about governance influence.

Negative

• No sole voting or sole dispositive power is reported, meaning the filer does not claim unilateral control over the shares.
• Shares are held for discretionary clients and no single client is known to hold over 5% economically, indicating ownership is not concentrated in one beneficial owner.

Insights

Financial Analyst

TL;DR: Artisan Partners holds an 8.1% passive stake in Veracyte, a material institutional holding but not presented as an effort to change control.

The filing discloses a beneficial position of 6,321,775 shares (8.1%) based on the stated share count, which is material by common disclosure thresholds. Reported shared voting power of 5,220,102 suggests the group can influence governance discussions without unilateral control. Holdings are reported as belonging to discretionary clients, and the filer certifies the position was not acquired to affect control, consistent with a passive reporting posture. Impact to valuation or operations is not indicated in the filing.

Corporate Governance Expert

TL;DR: The disclosure documents significant institutional ownership and shared voting influence but explicitly denies intent to change issuer control.

The schedule identifies multiple Artisan Partners entities as reporting persons and confirms shared voting and dispositive powers rather than sole control. Because the shares are held for discretionary clients and the filing states no intent to influence control, the immediate governance risk or activist threat appears low based on this document alone. The filing is nevertheless material to investors because it updates ownership and voting-interest transparency.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 3)

VERACYTE, INC.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

92337F107

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 92337F107

1

Names of Reporting Persons

Artisan Partners Asset Management Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power
6	Shared Voting Power 5,220,102.00
7	Sole Dispositive Power
8	Shared Dispositive Power 6,321,775.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

6,321,775.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

8.1 %

12

Type of Reporting Person (See Instructions)

HC

Comment for Type of Reporting Person: (g) Artisan Partners Holdings LP is the sole limited partner of Artisan Partners Limited Partnership and the sole member of Artisan Investments GP LLC; Artisan Investments GP LLC is the general partner of Artisan Partners Limited Partnership; Artisan Partners Asset Management Inc. is the general partner of Artisan Partners Holdings LP.

SCHEDULE 13G

CUSIP No. 92337F107

1

Names of Reporting Persons

Artisan Partners Holdings LP

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power
6	Shared Voting Power 5,220,102.00
7	Sole Dispositive Power
8	Shared Dispositive Power 6,321,775.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

6,321,775.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

8.1 %

12

Type of Reporting Person (See Instructions)

HC

Comment for Type of Reporting Person: (g) Artisan Partners Holdings LP is the sole limited partner of Artisan Partners Limited Partnership and the sole member of Artisan Investments GP LLC; Artisan Investments GP LLC is the general partner of Artisan Partners Limited Partnership; Artisan Partners Asset Management Inc. is the general partner of Artisan Partners Holdings LP.

SCHEDULE 13G

CUSIP No. 92337F107

1

Names of Reporting Persons

Artisan Investments GP LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power
6	Shared Voting Power 5,220,102.00
7	Sole Dispositive Power
8	Shared Dispositive Power 6,321,775.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

6,321,775.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

8.1 %

12

Type of Reporting Person (See Instructions)

HC

Comment for Type of Reporting Person: (g) Artisan Partners Holdings LP is the sole limited partner of Artisan Partners Limited Partnership and the sole member of Artisan Investments GP LLC; Artisan Investments GP LLC is the general partner of Artisan Partners Limited Partnership; Artisan Partners Asset Management Inc. is the general partner of Artisan Partners Holdings LP.

SCHEDULE 13G

CUSIP No. 92337F107

1

Names of Reporting Persons

Artisan Partners Limited Partnership

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power
6	Shared Voting Power 5,220,102.00
7	Sole Dispositive Power
8	Shared Dispositive Power 6,321,775.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

6,321,775.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

8.1 %

12

Type of Reporting Person (See Instructions)

IA

Comment for Type of Reporting Person: (e) Artisan Partners Limited Partnership is an investment adviser registered under section 203 of the Investment Advisers Act of 1940. (g) Artisan Partners Holdings LP is the sole limited partner of Artisan Partners Limited Partnership and the sole member of Artisan Investments GP LLC; Artisan Investments GP LLC is the general partner of Artisan Partners Limited Partnership; Artisan Partners Asset Management Inc. is the general partner of Artisan Partners Holdings LP.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: VERACYTE, INC.
(b)	Address of issuer's principal executive offices: 6000 Shoreline Court, Suite 300, South San Francisco, California, 94080
Item 2.
(a)	Name of person filing: Artisan Partners Asset Management Inc. ("APAM") Artisan Partners Holdings LP ("Artisan Holdings") Artisan Investments GP LLC ("Artisan Investments") Artisan Partners Limited Partnership ("APLP")
(b)	Address or principal business office or, if none, residence: APAM, Artisan Holdings, Artisan Investments, and APLP are all located at: 875 East Wisconsin Avenue, Suite 800 Milwaukee, WI 53202
(c)	Citizenship: APAM is a Delaware corporation; Artisan Holdings is a Delaware limited partnership; Artisan Investments is a Delaware limited liability company; APLP is a Delaware limited partnership
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 92337F107
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 6,321,775
(b)	Percent of class: 8.1% (based on 78,314,611 shares outstanding as of 05/02/2025)
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: None
	(ii) Shared power to vote or to direct the vote: 5,220,102
	(iii) Sole power to dispose or to direct the disposition of: None
	(iv) Shared power to dispose or to direct the disposition of: 6,321,775
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. The shares reported herein have been acquired on behalf of discretionary clients of APLP. Persons other than APLP are entitled to receive all dividends from, and proceeds from the sale of, those shares. None of those persons, to the knowledge of APAM, Artisan Holdings, Artisan Investments, or APLP has an economic interest in more than 5% of the class.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Artisan Partners Asset Management Inc.

Signature:	/s/ Gregory K. Ramirez
Name/Title:	Gregory K. Ramirez, Executive Vice President of Artisan Partners Asset Management Inc.
Date:	08/12/2025

Artisan Partners Holdings LP

Signature:	/s/ Gregory K. Ramirez
Name/Title:	Gregory K. Ramirez, Executive Vice President of Artisan Partners Asset Management Inc., as the general partner of Artisan Partners Holdings LP
Date:	08/12/2025

Artisan Investments GP LLC

Signature:	/s/ Gregory K. Ramirez
Name/Title:	Gregory K. Ramirez, Vice President of Artisan Investments GP LLC
Date:	08/12/2025

Artisan Partners Limited Partnership

Signature:	/s/ Gregory K. Ramirez
Name/Title:	Gregory K. Ramirez, Vice President of Artisan Investments GP LLC, as the general partner of Artisan Partners Limited Partnership
Date:	08/12/2025

Exhibit Information

Exhibit 1 - Joint Filing Agreement dated 08/12/2025 by and among Artisan Partners Asset Management Inc., Artisan Partners Holdings LP, Artisan Investments GP LLC, and Artisan Partners Limited Partnership.

FAQ

What stake does Artisan Partners report in Veracyte (VCYT)?

The filing reports beneficial ownership of 6,321,775 shares, equal to 8.1% of the outstanding common stock.

How was the 8.1% ownership percentage calculated for VCYT?

The percentage is based on 78,314,611 shares outstanding as stated in the filing.

Does Artisan Partners have sole voting or dispositive power over these VCYT shares?

No. The filing reports no sole voting or dispositive power and notes shared voting power of 5,220,102 and shared dispositive power of 6,321,775.

Are the shares held directly by Artisan or on behalf of others?

The shares are held on behalf of discretionary clients of Artisan Partners Limited Partnership and the filing states none of those clients is known to hold more than 5% economically.

Who signed the Schedule 13G/A on behalf of Artisan Partners?

The filing is signed by Gregory K. Ramirez, Executive Vice President of Artisan Partners Asset Management Inc., in capacities for the reporting entities.