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)
0.06% less ownership
Funds ownership: 7.7% → 7.65% (-0.06%)
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 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HH
1
HSG Holding
Na,
Hong Kong
| $1.95M | – | – | – |
|
2
Fidelity Investments
Boston,
Massachusetts
| $1.59M | – | – | – |
|
|
AG
3
Artal Group
Luxembourg
| $1.45M | – | – | – |
|
|
SVI
4
Strategic Vision Investment
Hong Kong
| $511K | -$17.7K | -10,400 | -3% |
|
|
GA
5
General Atlantic
New York
| $383K | – | – | – |
|
|
6
Renaissance Technologies
New York
| $57K | -$59.4K | -34,959 | -47% |
|
|
CC
7
Cannell Capital
Alta,
Wyoming
| $42K | – | – | – |
|
|
8
Citadel Advisors
Miami,
Florida
| $18.1K | +$21.8K | +12,805 | New |
|
9
Geode Capital Management
Boston,
Massachusetts
| $14.5K | – | – | – |
|
|
10
Morgan Stanley
New York
| $13.3K | +$2.12K | +1,245 | +16% |
|
|
11
Osaic Holdings
Scottsdale,
Arizona
| $780 | +$914 | +538 | New |
|
ADAG Hedge Fund Activity: Q1 2023 in Review
11 of the 6,277 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.