Adagene
ADAG
11 hedge funds and large institutions have $7.6M invested in Adagene in 2022 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 4 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.91% less ownership
Funds ownership: 13.76% → 10.85% (-2.9%)
27% less funds holding
Funds holding: 15 → 11 (-4)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
51% less capital invested
Capital invested by funds: $15.4M → $7.6M (-$7.82M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$117K |
| 2 |
CC
Cannell Capital
Alta,
Wyoming
|
+$37.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.79M |
| 2 |
MICM
Matthews International Capital Management
San Francisco,
California
|
-$734K |
| 3 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$166K |
| 4 |
Tudor Investment Corp
Stamford,
Connecticut
|
-$51K |
| 5 |
SVI
Strategic Vision Investment
Hong Kong
|
-$48.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HH
1
HSG Holding
Na,
Hong Kong
| $1.72M | – | – | – |
|
|
2
Morgan Stanley
New York
| $1.62M | -$1.79M | -1,131,744 | -47% |
|
3
Fidelity Investments
Boston,
Massachusetts
| $1.44M | – | – | – |
|
|
AG
4
Artal Group
Luxembourg
| $1.28M | – | – | – |
|
|
SVI
5
Strategic Vision Investment
Hong Kong
| $958K | -$48.2K | -30,433 | -4% |
|
|
GA
6
General Atlantic
New York
| $338K | – | – | – |
|
|
7
Renaissance Technologies
New York
| $123K | +$117K | +74,006 | +340% |
|
|
8
Hudson Bay Capital Management
Stamford,
Connecticut
| $64K | -$166K | -104,668 | -68% |
|
|
CC
9
Cannell Capital
Alta,
Wyoming
| $37K | +$37.5K | +23,713 | +449% |
|
|
EFM
10
E Fund Management
Guangzhou,
China
| $13K | -$14.2K | -9,000 | -47% |
|
11
Geode Capital Management
Boston,
Massachusetts
| $13K | – | – | – |
|
|
MICM
12
Matthews International Capital Management
San Francisco,
California
| – | -$734K | -364,955 | Closed |
|
|
13
Tudor Investment Corp
Stamford,
Connecticut
| – | -$51K | -24,695 | Closed |
|
|
VF
14
Virtu Financial
New York
| – | -$40K | -19,676 | Closed |
|
|
TRCT
15
Tower Research Capital (TRC)
New York
| – | -$7K | -3,627 | Closed |
|
ADAG Hedge Fund Activity: Q3 2022 in Review
11 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in Adagene (ADAG) for Q3 2022, worth a combined $7.6M — down 51% from $15.4M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of ADAG and 0 opened new positions — a net loss of 4 holders — while 4 trimmed existing stakes and 2 added.
The largest buyer was Renaissance Technologies, adding an estimated $117K. The largest seller was Morgan Stanley, cutting an estimated $1.79M.
- 11 institutional investors held Adagene (ADAG) as of Q3 2022, down from 15 in Q2 2022.
- Funds reported $7.6M of Adagene stock for Q3 2022, down 51% quarter-over-quarter.
- 0 funds opened new Adagene positions in Q3 2022 and 4 closed out, a net change of -4 holders.
- The largest Adagene buyer in Q3 2022 was Renaissance Technologies, an estimated $117K added.
- The largest Adagene seller in Q3 2022 was Morgan Stanley, an estimated $1.79M sold.
Based on aggregated 13F filings for Q3 2022.