Adagene
ADAG
35 hedge funds and large institutions have $81M invested in Adagene in 2026 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 5 closing their positions.
735% more capital invested
Capital invested by funds: $9.7M → $81M (+$71.3M)
220% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 5
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
40% more funds holding
Funds holding: 25 → 35 (+10)
22.15% more ownership
Funds ownership: 7% → 29.15% (+22%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DM
Deerfield Management
New York
|
+$10M |
| 2 |
SL
Siren LLC
Greenwich,
Connecticut
|
+$10M |
| 3 |
SCM
Squadron Capital Management
Westmont,
Illinois
|
+$4.7M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$4.17M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EAM
Exome Asset Management
New York
|
-$935K |
| 2 |
Morgan Stanley
New York
|
-$219K |
| 3 |
PAP
Persistent Asset Partners
Hong Kong
|
-$138K |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$81.2K |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
-$57.7K |
ADAG Hedge Fund Activity: Q2 2026 in Review
35 of the 8,343 institutional investors tracked by Wall St. Rank reported a position in Adagene (ADAG) for Q2 2026, worth a combined $81M — up 735% from $9.7M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new ADAG positions and 5 closed out — a net gain of 11 holders — while 10 added to existing stakes and 6 trimmed.
The largest buyer was Deerfield Management, opening a new position worth an estimated $10M. The largest seller was Exome Asset Management, cutting an estimated $935K.
- 35 institutional investors held Adagene (ADAG) as of Q2 2026, up from 25 in Q1 2026.
- Funds reported $81M of Adagene stock for Q2 2026, up 735% quarter-over-quarter.
- 16 funds opened new Adagene positions in Q2 2026 and 5 closed out, a net change of +11 holders.
- The largest Adagene buyer in Q2 2026 was Deerfield Management, an estimated $10M added.
- The largest Adagene seller in Q2 2026 was Exome Asset Management, an estimated $935K sold.
Based on aggregated 13F filings for Q2 2026.