Adagene
ADAG
10 hedge funds and large institutions have $6.02M invested in Adagene in 2023 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 2 closing their positions.
0% less capital invested
Capital invested by funds: $6.02M → $6.02M (-$7.17K)
0.13% less ownership
Funds ownership: 7.65% → 7.51% (-0.13%)
9% less funds holding
Funds holding: 11 → 10 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$63.2K |
| 2 |
RhumbLine Advisers
Boston,
Massachusetts
|
+$3.04K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SVI
Strategic Vision Investment
Hong Kong
|
-$82.3K |
| 2 |
CC
Cannell Capital
Alta,
Wyoming
|
-$42K |
| 3 |
Renaissance Technologies
New York
|
-$29.1K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$18.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HH
1
HSG Holding
Na,
Hong Kong
| $1.99M | – | – | – |
|
2
Fidelity Investments
Boston,
Massachusetts
| $1.6M | – | – | – |
|
|
AG
3
Artal Group
Luxembourg
| $1.48M | – | – | – |
|
|
SVI
4
Strategic Vision Investment
Hong Kong
| $433K | -$82.3K | -60,028 | -17% |
|
|
GA
5
General Atlantic
New York
| $391K | – | – | – |
|
|
6
Morgan Stanley
New York
| $81.8K | +$63.2K | +46,078 | +501% |
|
|
7
Renaissance Technologies
New York
| $27K | -$29.1K | -21,239 | -54% |
|
8
Geode Capital Management
Boston,
Massachusetts
| $14.6K | – | – | – |
|
|
9
RhumbLine Advisers
Boston,
Massachusetts
| $3.15K | +$3.04K | +2,215 | New |
|
10
Osaic Holdings
Scottsdale,
Arizona
| $796 | – | – | – |
|
|
CC
11
Cannell Capital
Alta,
Wyoming
| – | -$42K | -28,998 | Closed |
|
|
12
Citadel Advisors
Miami,
Florida
| – | -$18.1K | -12,805 | Closed |
|
ADAG Hedge Fund Activity: Q2 2023 in Review
10 of the 6,371 institutional investors tracked by Wall St. Rank reported a position in Adagene (ADAG) for Q2 2023, worth a combined $6.02M — down 0.12% from $6.02M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of ADAG and 1 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 1 added.
The largest buyer was Morgan Stanley, adding an estimated $63.2K. The largest seller was Strategic Vision Investment, cutting an estimated $82.3K.
- 10 institutional investors held Adagene (ADAG) as of Q2 2023, down from 11 in Q1 2023.
- Funds reported $6.02M of Adagene stock for Q2 2023, down 0.12% quarter-over-quarter.
- 1 fund opened new Adagene positions in Q2 2023 and 2 closed out, a net change of -1 holder.
- The largest Adagene buyer in Q2 2023 was Morgan Stanley, an estimated $63.2K added.
- The largest Adagene seller in Q2 2023 was Strategic Vision Investment, an estimated $82.3K sold.
Based on aggregated 13F filings for Q2 2023.