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ADC Therapeutics

41 hedge funds and large institutions have $35.4M invested in ADC Therapeutics in 2023 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 13 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

8% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 13

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

7.31% less ownership

Funds ownership: 56.25%48.93% (-7.3%)

27% less funds holding

Funds holding: 5641 (-15)

60% less call options, than puts

Call options by funds: $2K | Put options by funds: $5K

64% less capital invested

Capital invested by funds: $97.5M → $35.4M (-$62.1M)

78% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 18

Holders
41
Holders Change
-15
Holders Change %
-26.79%
% of All Funds
0.65%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
4
Increased
14
Reduced
13
Closed
18
Calls
$2K
Puts
$5K
Net Calls
-$3K
Net Calls Change
+$17K
Name Holding Trade Value Shares
Change
Change in
Stake
RG
1
Redmile Group
California
$12.7M +$170K +128,110 +0.9%
PM
2
Prosight Management
Texas
$4.85M -$242K -181,859 -3%
SCM
3
Sio Capital Management
New York
$2.96M -$966K -726,171 -18%
Citadel Advisors
4
Citadel Advisors
Florida
$2.6M -$361K -271,728 -9%
Millennium Management
5
Millennium Management
New York
$2.38M +$1.63M +1,226,102 +86%
FLSM
6
Frazier Life Sciences Management
California
$1.48M
Bank of America
7
Bank of America
North Carolina
$1.38M -$177K -132,781 -8%
AAA
8
Affinity Asset Advisors
New York
$987K +$665K +500,000 +83%
AA
9
AlphaCentric Advisors
Puerto Rico
$958K +$386K +290,468 +37%
Goldman Sachs
10
Goldman Sachs
New York
$945K -$113K -84,611 -7%
VCG
11
Vantage Consulting Group
Virginia
$763K -$46.3K -34,783 -4%
BOCH
12
Blue Owl Capital Holdings
New York
$654K
Morgan Stanley
13
Morgan Stanley
New York
$596K +$15K +11,249 +2%
BlackRock
14
BlackRock
New York
$475K +$81.7K +61,385 +13%
Marshall Wace
15
Marshall Wace
United Kingdom
$395K +$97.9K +73,615 +20%
GGH
16
GCM Grosvenor Holdings
Illinois
$369K
NCM
17
Nantahala Capital Management
Connecticut
$231K -$775K -582,838 -69%
Acadian Asset Management
18
Acadian Asset Management
Massachusetts
$138K +$178K +134,186 +614%
GCP
19
GSA Capital Partners
United Kingdom
$109K +$17.3K +13,012 +12%
IAP
20
Indie Asset Partners
Indiana
$83.2K -$1.51K -1,139 -1%
MMA
21
Miracle Mile Advisors
California
$75.8K
XT
22
XTX Topco
Cayman Islands
$60.1K -$185K -139,316 -68%
HWAM
23
Hennion & Walsh Asset Management
New Jersey
$51.9K +$3.06K +2,298 +4%
MF
24
Magnetar Financial
Illinois
$50K
Osaic Holdings
25
Osaic Holdings
Arizona
$20.3K +$15.3K +11,465 +103%

ADCT Hedge Fund Activity: Q3 2023 in Review

41 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in ADC Therapeutics (ADCT) for Q3 2023, worth a combined $35.4M — down 64% from $97.5M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of ADCT and 4 opened new positions — a net loss of 14 holders — while 13 trimmed existing stakes and 14 added.

The largest buyer was Millennium Management, adding an estimated $1.63M. The largest seller was JP Morgan Chase, exiting entirely with an estimated $5.93M sold.

  • 41 institutional investors held ADC Therapeutics (ADCT) as of Q3 2023, down from 56 in Q2 2023.
  • Funds reported $35.4M of ADC Therapeutics stock for Q3 2023, down 64% quarter-over-quarter.
  • 4 funds opened new ADC Therapeutics positions in Q3 2023 and 18 closed out, a net change of -14 holders.
  • The largest ADC Therapeutics buyer in Q3 2023 was Millennium Management, an estimated $1.63M added.
  • The largest ADC Therapeutics seller in Q3 2023 was JP Morgan Chase, an estimated $5.93M sold.

Based on aggregated 13F filings for Q3 2023.