Adagene Inc.: which funds bought and sold
Institutions that bought and sold Adagene shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.
Between March 31, 2026 and June 30, 2026, 26 institutions that filed 13F reports for both quarters added to or opened positions in Adagene, and 11 cut or closed them. Together they added a net 9.5M shares, +306.2% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 3.4M shares (+5107.4%); index fund managers were net buyers of 7,685 shares (+70.2%). 16 opened a new position and 5 sold out entirely.
Bought, Q2 2026 26 institutions, 16 of them new holders Sold, Q2 2026 11 institutions, 5 of them sold out
Net change, all compared +9.5M shares (+306.2%)
Net change, active managers +3.4M shares (+5107.4%), 6 bought, 1 sold
Buyers versus sellers
26 bought 3 11 sold
Active managers and hedge funds 6 bought · 1 sold · +3.4M
Index fund managers 1 bought · 0 sold · +7,685
Other institutions 19 bought · 10 sold · +6.1M
Biggest buyers
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Deerfield Management Company, L.P. Hedge fund | +2.7M New position | 2.7M | $11.2M |
| Siren, L.L.C. | +2.7M New position | 2.7M | $11.2M |
| Squadron Capital Management LLC | +1.3M New position | 1.3M | $5.3M |
| Ameriprise Financial Inc | +1.1M +182.4% | 1.7M | $7.2M |
| Citadel Advisors LLC Hedge fund | +507K New position | 507K | $2.1M |
| Dauntless Investment Group, LLC | +502K +1444.9% | 537K | $2.3M |
| Birchview Capital, LP | +240K New position | 240K | $1M |
| Moneta Group Investment Advisors LLC | +200K New position | 200K | $840,000 |
| Pathstone Holdings, LLC | +200K New position | 200K | $838,362 |
| UBS Group AG | +120K +3000.0% | 124K | $521,065 |
| Renaissance Technologies LLC Hedge fund | +112K +324.2% | 147K | $615,300 |
| Goldman Sachs Group Inc | +106K New position | 106K | $443,512 |
| Marshall Wace, LLP Hedge fund | +69K New position | 69K | $290,222 |
| Quadrature Capital Ltd Hedge fund | +69K +592.8% | 80K | $338,045 |
| HRT Financial LP | +22K New position | 22K | $91,000 |
| Xtx Topco Ltd | +12K New position | 12K | $51,542 |
| Two Sigma Investments, LP Hedge fund | +12K New position | 12K | $50,203 |
| Geode Capital Management, LLC Index funds | +7,685 +74.5% | 18K | $75,574 |
| BNP Paribas Financial Markets | +4,200 +113.5% | 7,900 | $33,180 |
| Huntington National Bank | +2,464 New position | 2,464 | $10,349 |
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Deerfield Management Company, L.P. Hedge fund | +2.7M New position | 2.7M | $11.2M |
| Citadel Advisors LLC Hedge fund | +507K New position | 507K | $2.1M |
| Renaissance Technologies LLC Hedge fund | +112K +324.2% | 147K | $615,300 |
| Marshall Wace, LLP Hedge fund | +69K New position | 69K | $290,222 |
| Quadrature Capital Ltd Hedge fund | +69K +592.8% | 80K | $338,045 |
| Two Sigma Investments, LP Hedge fund | +12K New position | 12K | $50,203 |
Biggest sellers
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Exome Asset Management LLC | −249K −33.7% | 488K | $2.1M |
| Morgan Stanley | −58K −88.0% | 7,961 | $33,436 |
| Persistent Asset Partners Ltd | −35K Sold out | 0 | — |
| Alyeska Investment Group, L.P. Hedge fund | −21K Sold out | 0 | — |
| Nomura Holdings Inc | −15K Sold out | 0 | — |
| Invesco Ltd. | −4,179 −8.9% | 43K | $180,369 |
| Jane Street Group, LLC | −2,939 −9.7% | 27K | $115,441 |
| Eversource Wealth Advisors, LLC | −2,473 Sold out | 0 | — |
| Barclays PLC | −400 Sold out | 0 | — |
| Jpmorgan Chase & Co | −260 −36.5% | 452 | $1,912 |
| Sbi Securities Co., Ltd. | −56 −81.2% | 13 | $55 |
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Alyeska Investment Group, L.P. Hedge fund | −21K Sold out | 0 | — |
New positions
| Institution | Shares | Value June 30, 2026 |
|---|---|---|
| Deerfield Management Company, L.P.Hedge fund | 2.7M | $11.2M |
| Siren, L.L.C. | 2.7M | $11.2M |
| Squadron Capital Management LLC | 1.3M | $5.3M |
| Citadel Advisors LLCHedge fund | 507K | $2.1M |
| Birchview Capital, LP | 240K | $1M |
| Moneta Group Investment Advisors LLC | 200K | $840,000 |
| Pathstone Holdings, LLC | 200K | $838,362 |
| Goldman Sachs Group Inc | 106K | $443,512 |
| Marshall Wace, LLPHedge fund | 69K | $290,222 |
| HRT Financial LP | 22K | $91,000 |
Sold out
| Institution | Shares | Value March 31, 2026 |
|---|---|---|
| Persistent Asset Partners Ltd | 35K | $137,694 |
| Alyeska Investment Group, L.P.Hedge fund | 21K | $81,183 |
| Nomura Holdings Inc | 15K | $57,663 |
| Eversource Wealth Advisors, LLC | 2,473 | $9,694 |
| Barclays PLC | 400 | $1,568 |
Who holds the shares
- Institutions reporting
- 36
- Ten largest holders
- 93.9% of 13F-reported shares
- Index fund managers
- 0.1% of 13F-reported shares
- Active managers and hedge funds
- 18.1% of 13F-reported shares
| Type | Bought | Sold | New | Sold out | Net change in shares | Net % |
|---|---|---|---|---|---|---|
| Active managers and hedge funds | 6 | 1 | 4 | 1 | +3.4M | +5107.4% |
| Index fund managers | 1 | 0 | 0 | 0 | +7,685 | +70.2% |
| Other institutions | 19 | 10 | 12 | 4 | +6.1M | +200.8% |