Adagene
ADAG
19 hedge funds and large institutions have $127M invested in Adagene in 2021 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 1 increasing their positions, 5 reducing their positions, and 3 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
57% more capital invested
Capital invested by funds: $80.5M → $127M (+$46.1M)
19% more funds holding
Funds holding: 16 → 19 (+3)
6.54% more ownership
Funds ownership: 13.63% → 20.16% (+6.5%)
80% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HH
HSG Holding
Na,
Hong Kong
|
+$22M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$20.6M |
| 3 |
CCM
CloudAlpha Capital Management
Hong Kong
|
+$4.92M |
| 4 |
Capital International Investors
Los Angeles,
California
|
+$3.51M |
| 5 |
ECM
ExodusPoint Capital Management
New York
|
+$529K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Suvretta Capital Management
New York
|
-$2.64M |
| 2 |
TMC
Trellus Management Company
Delray Beach,
Florida
|
-$746K |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$542K |
| 4 |
Morgan Stanley
New York
|
-$489K |
| 5 |
MICM
Matthews International Capital Management
San Francisco,
California
|
-$441K |
ADAG Hedge Fund Activity: Q3 2021 in Review
19 of the 5,729 institutional investors tracked by Wall St. Rank reported a position in Adagene (ADAG) for Q3 2021, worth a combined $127M — up 57% from $80.5M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new ADAG positions and 3 closed out — a net gain of 3 holders — while 1 added to existing stakes and 5 trimmed.
The largest buyer was HSG Holding, opening a new position worth an estimated $22M. The largest seller was Suvretta Capital Management, cutting an estimated $2.64M.
- 19 institutional investors held Adagene (ADAG) as of Q3 2021, up from 16 in Q2 2021.
- Funds reported $127M of Adagene stock for Q3 2021, up 57% quarter-over-quarter.
- 6 funds opened new Adagene positions in Q3 2021 and 3 closed out, a net change of +3 holders.
- The largest Adagene buyer in Q3 2021 was HSG Holding, an estimated $22M added.
- The largest Adagene seller in Q3 2021 was Suvretta Capital Management, an estimated $2.64M sold.
Based on aggregated 13F filings for Q3 2021.