Adagene
ADAG
9 hedge funds and large institutions have $5.58M invested in Adagene in 2022 Q4 according to their latest regulatory filings, with funds opening new positions, 0 increasing their positions, 3 reducing their positions, and 2 closing their positions.
3.15% less ownership
Funds ownership: 10.85% → 7.7% (-3.1%)
18% less funds holding
Funds holding: 11 → 9 (-2)
27% less capital invested
Capital invested by funds: $7.6M → $5.58M (-$2.02M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 3
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.43M |
| 2 |
SVI
Strategic Vision Investment
Hong Kong
|
-$440K |
| 3 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$64K |
| 4 |
Renaissance Technologies
New York
|
-$24.2K |
| 5 |
EFM
E Fund Management
Guangzhou,
China
|
-$13K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HH
1
HSG Holding
Na,
Hong Kong
| $1.78M | – | – | – |
|
2
Fidelity Investments
Boston,
Massachusetts
| $1.48M | – | – | – |
|
|
AG
3
Artal Group
Luxembourg
| $1.32M | – | – | – |
|
|
SVI
4
Strategic Vision Investment
Hong Kong
| $481K | -$440K | -386,036 | -52% |
|
|
GA
5
General Atlantic
New York
| $350K | – | – | – |
|
|
6
Renaissance Technologies
New York
| $99K | -$24.2K | -21,200 | -22% |
|
|
CC
7
Cannell Capital
Alta,
Wyoming
| $38.4K | – | – | – |
|
8
Geode Capital Management
Boston,
Massachusetts
| $13K | – | – | – |
|
|
9
Morgan Stanley
New York
| $10.5K | -$1.43M | -1,255,891 | -99% |
|
|
10
Hudson Bay Capital Management
Stamford,
Connecticut
| – | -$64K | -50,000 | Closed |
|
|
EFM
11
E Fund Management
Guangzhou,
China
| – | -$13K | -10,310 | Closed |
|
ADAG Hedge Fund Activity: Q4 2022 in Review
9 of the 6,223 institutional investors tracked by Wall St. Rank reported a position in Adagene (ADAG) for Q4 2022, worth a combined $5.58M — down 27% from $7.6M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of ADAG and 0 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 0 added.
The largest seller was Morgan Stanley, cutting an estimated $1.43M.
- 9 institutional investors held Adagene (ADAG) as of Q4 2022, down from 11 in Q3 2022.
- Funds reported $5.58M of Adagene stock for Q4 2022, down 27% quarter-over-quarter.
- 0 funds opened new Adagene positions in Q4 2022 and 2 closed out, a net change of -2 holders.
- The largest Adagene seller in Q4 2022 was Morgan Stanley, an estimated $1.43M sold.
Based on aggregated 13F filings for Q4 2022.