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AARD

Aardvark Therapeutics

66 hedge funds and large institutions have $141M invested in Aardvark Therapeutics in 2025 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 27 increasing their positions, 9 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

283% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 6

200% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 9

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

35% more funds holding

Funds holding: 4966 (+17)

12% more capital invested

Capital invested by funds: $126M → $141M (+$15.3M)

5.76% more ownership

Funds ownership: 43.61%49.36% (+5.8%)

Holders
66
Holders Change
+17
Holders Change %
+34.69%
% of All Funds
0.8%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.02%
New
23
Increased
27
Reduced
9
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
26
Bank of America
North Carolina
$402K +$84K +6,730 +28%
BCM
27
Bridgeway Capital Management
Texas
$354K +$62.4K +5,000 +23%
UBS Group
28
UBS Group
Switzerland
$352K -$348K -27,890 -51%
Two Sigma Advisers
29
Two Sigma Advisers
New York
$344K +$6.24K +500 +2%
XT
30
XTX Topco
Cayman Islands
$335K +$319K +25,548 New
Bank of New York Mellon
31
Bank of New York Mellon
New York
$294K +$86K +6,892 +44%
Barclays
32
Barclays
United Kingdom
$269K -$242K -19,410 -49%
DC
33
Diametric Capital
Massachusetts
$253K +$241K +19,309 New
AA
34
ALPS Advisors
Colorado
$235K +$223K +17,877 New
TI
35
Trexquant Investment
Connecticut
$221K +$210K +16,844 New
Los Angeles Capital Management
36
Los Angeles Capital Management
California
$218K +$260K +20,837 New
Walleye Capital
37
Walleye Capital
New York
$211K +$200K +16,048 New
DP
38
Diadema Partners
New Jersey
$208K +$198K +15,882 New
BNP Paribas Financial Markets
39
BNP Paribas Financial Markets
France
$208K -$508K -40,690 -72%
Wells Fargo
40
Wells Fargo
California
$185K +$127K +10,163 +259%
Balyasny Asset Management
41
Balyasny Asset Management
Illinois
$181K +$172K +13,817 New
MIM
42
MetLife Investment Management
New Jersey
$102K +$96.7K +7,750 New
RhumbLine Advisers
43
RhumbLine Advisers
Massachusetts
$99.1K +$23.1K +1,849 +32%
JP Morgan Chase
44
JP Morgan Chase
New York
$90.3K +$57K +4,567 +197%
Deutsche Bank
45
Deutsche Bank
Germany
$83.8K +$8.25K +661 +12%
Mirae Asset Global ETFs Holdings
46
Mirae Asset Global ETFs Holdings
Hong Kong
$77.8K +$41.7K +3,344 +129%
PAP
47
Persistent Asset Partners
Hong Kong
$55.5K +$52.8K +4,231 New
New York State Common Retirement Fund
48
New York State Common Retirement Fund
New York
$50.2K
CUAMC
49
China Universal Asset Management Company
China
$46.6K +$44.3K +3,548 New
PFSRSONJ
50
Police & Firemen's Retirement System of New Jersey
New Jersey
$27.8K

AARD Hedge Fund Activity: Q4 2025 in Review

66 of the 8,228 institutional investors tracked by Wall St. Rank reported a position in Aardvark Therapeutics (AARD) for Q4 2025, worth a combined $141M — up 12% from $126M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new AARD positions and 6 closed out — a net gain of 17 holders — while 27 added to existing stakes and 9 trimmed.

The largest buyer was BlackRock, adding an estimated $5.93M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $4.65M sold.

  • 66 institutional investors held Aardvark Therapeutics (AARD) as of Q4 2025, up from 49 in Q3 2025.
  • Funds reported $141M of Aardvark Therapeutics stock for Q4 2025, up 12% quarter-over-quarter.
  • 23 funds opened new Aardvark Therapeutics positions in Q4 2025 and 6 closed out, a net change of +17 holders.
  • The largest Aardvark Therapeutics buyer in Q4 2025 was BlackRock, an estimated $5.93M added.
  • The largest Aardvark Therapeutics seller in Q4 2025 was Adage Capital Partners, an estimated $4.65M sold.

Based on aggregated 13F filings for Q4 2025.