Adagene
ADAG
17 hedge funds and large institutions have $34.3M invested in Adagene in 2024 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 0 closing their positions.
117% more capital invested
Capital invested by funds: $15.8M → $34.3M (+$18.5M)
55% more funds holding
Funds holding: 11 → 17 (+6)
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
9.18% more ownership
Funds ownership: 13.29% → 22.47% (+9.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$12M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$3.81M |
| 3 |
Barclays
London,
United Kingdom
|
+$545K |
| 4 |
EAM
Exome Asset Management
New York
|
+$484K |
| 5 |
PCM
Prelude Capital Management
New York
|
+$89.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
WuXi AppTec
Shanghai,
China
|
-$756K |
| 2 |
Morgan Stanley
New York
|
-$647K |
ADAG Hedge Fund Activity: Q1 2024 in Review
17 of the 6,945 institutional investors tracked by Wall St. Rank reported a position in Adagene (ADAG) for Q1 2024, worth a combined $34.3M — up 117% from $15.8M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new ADAG positions and 0 closed out — a net gain of 6 holders — while 3 added to existing stakes and 2 trimmed.
The largest buyer was Fidelity International, opening a new position worth an estimated $12M. The largest seller was WuXi AppTec, cutting an estimated $756K.
- 17 institutional investors held Adagene (ADAG) as of Q1 2024, up from 11 in Q4 2023.
- Funds reported $34.3M of Adagene stock for Q1 2024, up 117% quarter-over-quarter.
- 6 funds opened new Adagene positions in Q1 2024 and 0 closed out, a net change of +6 holders.
- The largest Adagene buyer in Q1 2024 was Fidelity International, an estimated $12M added.
- The largest Adagene seller in Q1 2024 was WuXi AppTec, an estimated $756K sold.
Based on aggregated 13F filings for Q1 2024.