Adagene
ADAG
11 hedge funds and large institutions have $6.02M invested in Adagene in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 0 closing their positions.
22% more funds holding
Funds holding: 9 → 11 (+2)
8% more capital invested
Capital invested by funds: $5.58M → $6.02M (+$442K)
0.03% less ownership
Funds ownership: 9.71% → 9.68% (-0.03%)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$21.8K |
| 2 |
Morgan Stanley
New York
|
+$2.12K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$914 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$59.4K |
| 2 |
SVI
Strategic Vision Investment
Hong Kong
|
-$17.7K |
ADAG Hedge Fund Activity: Q1 2023 in Review
11 of the 6,285 institutional investors tracked by Wall St. Rank reported a position in Adagene (ADAG) for Q1 2023, worth a combined $6.02M — up 7.9% from $5.58M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new ADAG positions and 0 closed out — a net gain of 2 holders — while 1 added to existing stakes and 2 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $21.8K. The largest seller was Renaissance Technologies, cutting an estimated $59.4K.
- 11 institutional investors held Adagene (ADAG) as of Q1 2023, up from 9 in Q4 2022.
- Funds reported $6.02M of Adagene stock for Q1 2023, up 7.9% quarter-over-quarter.
- 2 funds opened new Adagene positions in Q1 2023 and 0 closed out, a net change of +2 holders.
- The largest Adagene buyer in Q1 2023 was Citadel Advisors, an estimated $21.8K added.
- The largest Adagene seller in Q1 2023 was Renaissance Technologies, an estimated $59.4K sold.
Based on aggregated 13F filings for Q1 2023.