Vericel Corp (VCEL)

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Institutional Investors' Holdings

Filing Period:

No.	Name	Shares	Value	% Port
1.	Blackrock, Inc.	8,226,765	$451,731,665	0%
2.	Vanguard Group Inc	3,485,532	$191,390,563	0%
3.	Brown Capital Management Llc	3,235,731	$177,673,989	4.11%
4.	State Street Corp	2,404,711	$132,042,681	0%
5.	Invesco Ltd.	2,238,149	$122,896,763	0.02%