Avadel Pharmaceuticals
AVDL
AVDL was delisted on the 11th of February, 2026.
79 hedge funds and large institutions have $156M invested in Avadel Pharmaceuticals in 2020 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 25 increasing their positions, 19 reducing their positions, and 15 closing their positions.
33% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 15
32% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 19
23% more call options, than puts
Call options by funds: $1.12M | Put options by funds: $907K
7% more funds holding
Funds holding: 74 → 79 (+5)
8.23% less ownership
Funds ownership: 62.4% → 54.17% (-8.2%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
47% less capital invested
Capital invested by funds: $293M → $156M (-$137M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$9.87M |
| 2 |
PVI
Pura Vida Investments
New York
|
+$1.69M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.61M |
| 4 |
Morgan Stanley
New York
|
+$1.38M |
| 5 |
Millennium Management
New York
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
RA Capital Management
Boston,
Massachusetts
|
-$25.3M |
| 2 |
VA
VR Adviser
New York
|
-$8.55M |
| 3 |
ACP
Acuta Capital Partners
Redwood City,
California
|
-$7.62M |
| 4 |
APM
Avidity Partners Management
Dallas,
Texas
|
-$3.7M |
| 5 |
IC
Ikarian Capital
Dallas,
Texas
|
-$3.15M |
AVDL Hedge Fund Activity: Q3 2020 in Review
79 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Avadel Pharmaceuticals (AVDL) for Q3 2020, worth a combined $156M — down 47% from $293M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new AVDL positions and 15 closed out — a net gain of 5 holders — while 25 added to existing stakes and 19 trimmed.
The largest buyer was Brandes Investment Partners, adding an estimated $9.87M. The largest seller was RA Capital Management, exiting entirely with an estimated $25.3M sold.
- 79 institutional investors held Avadel Pharmaceuticals (AVDL) as of Q3 2020, up from 74 in Q2 2020.
- Funds reported $156M of Avadel Pharmaceuticals stock for Q3 2020, down 47% quarter-over-quarter.
- 20 funds opened new Avadel Pharmaceuticals positions in Q3 2020 and 15 closed out, a net change of +5 holders.
- The largest Avadel Pharmaceuticals buyer in Q3 2020 was Brandes Investment Partners, an estimated $9.87M added.
- The largest Avadel Pharmaceuticals seller in Q3 2020 was RA Capital Management, an estimated $25.3M sold.
Based on aggregated 13F filings for Q3 2020.