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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
Legal & General Group
51
Legal & General Group
United Kingdom
$16.9K +$8.75K +701 +119%
Fidelity Investments
52
Fidelity Investments
Massachusetts
$16.5K +$11.1K +893 +246%
Mirae Asset Global Investments
53
Mirae Asset Global Investments
South Korea
$13.9K +$13.2K +1,058 New
SHIM
54
Stone House Investment Management
Pennsylvania
$13.1K
Citigroup
55
Citigroup
New York
$11.8K +$9.1K +729 +437%
TRCT
56
Tower Research Capital (TRC)
New York
$10.6K -$4.67K -374 -32%
California State Teachers Retirement System (CalSTRS)
57
California State Teachers Retirement System (CalSTRS)
California
$10.3K +$5.35K +429 +121%
Royal Bank of Canada
58
Royal Bank of Canada
Ontario, Canada
$9K +$3.67K +294 +96%
AIP
59
Ameritas Investment Partners
Nebraska
$7.59K
LFG
60
Larson Financial Group
Missouri
$6.64K +$6.31K +506 New
Russell Investments Group
61
Russell Investments Group
United Kingdom
$6.16K
GFM
62
GF Fund Management
China
$5.6K +$5.33K +427 New
AB
63
Amalgamated Bank
New York
$5K +$2.58K +207 +107%
SCM
64
Sterling Capital Management
North Carolina
$4.53K +$2.03K +163 +90%
EWA
65
EverSource Wealth Advisors
Alabama
$788
Adage Capital Partners
66
Adage Capital Partners
Massachusetts
-$4.65M -350,000 Closed
CAM
67
Cresset Asset Management
Illinois
-$1.88M -141,783 Closed
Jane Street
68
Jane Street
New York
-$258K -19,447 Closed
SO
69
STRS Ohio
Ohio
-$14.6K -1,100 Closed
PNC Financial Services Group
70
PNC Financial Services Group
Pennsylvania
-$1.86K -140 Closed
AAP
71
Arax Advisory Partners
Colorado
-$280 -21 Closed
Carson Wealth (CWM LLC)
72
Carson Wealth (CWM LLC)
Nebraska
+$25 +2 +13%

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.