undamentalytics Newsletter

Avalo Therapeutics, Inc.: which funds bought and sold

Institutions that bought and sold Avalo Therapeutics 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, 102 institutions that filed 13F reports for both quarters added to or opened positions in Avalo Therapeutics, and 42 cut or closed them. Together they added a net 41.0M shares, +131.4% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 20.7M shares (+108.1%); index fund managers were net buyers of 10.4M shares (+735.5%). 55 opened a new position and 27 sold out entirely.

Bought, Q2 2026 102 institutions, 55 of them new holders Sold, Q2 2026 42 institutions, 27 of them sold out
Net change, all compared +41.0M shares (+131.4%)
Net change, active managers +20.7M shares (+108.1%), 34 bought, 14 sold

Buyers versus sellers

institutions compared, 152
Active managers and hedge funds 34 bought · 14 sold · +20.7M
Index fund managers 10 bought · 0 sold · +10.4M
Other institutions 58 bought · 28 sold · +9.9M

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
Blackrock, Inc. Index funds +4.0M +1234.7% 4.4M $80.7M
Deep Track Capital, LP Hedge fund +3.6M New position 3.6M $66.7M
State Street Corp Index funds +2.8M +3932.3% 2.9M $53.4M
Nantahala Capital Management, LLC Hedge fund +2.5M +201.6% 3.7M $68.8M
Tcg Crossover Management, LLC +2.3M +308.6% 3.0M $55.8M
FMR LLC Active manager +2.2M +77.1% 5.1M $94.3M
Braidwell LP Hedge fund +1.6M New position 1.6M $30.1M
Farallon Capital Management, L.L.C. Hedge fund +1.6M +172.7% 2.5M $46.2M
Affinity Asset Advisors, LLC +1.6M +116.3% 2.9M $53.6M
Vanguard Capital Management LLC Index funds +1.5M +214.6% 2.3M $41.8M
Caligan Partners LP Hedge fund +1.5M +93.5% 3.2M $58.5M
Point72 Asset Management, L.P. Hedge fund +1.5M +160.6% 2.4M $44.1M
Price T Rowe Associates Inc Active manager +1.3M New position 1.3M $24.2M
Bank Of America Corp +1.3M +197.6% 1.9M $35.4M
Alliancebernstein L.P. Active manager +1.3M New position 1.3M $23.3M
Soleus Capital Management, L.P. Hedge fund +1.2M +274.4% 1.7M $30.6M
Geode Capital Management, LLC Index funds +935K +550.5% 1.1M $20.4M
Avoro Capital Advisors LLC Hedge fund +923K +65.5% 2.3M $43.1M
Trails Edge Capital Partners, LP +892K New position 892K $16.5M
Goldman Sachs Group Inc +886K +1474.4% 946K $17.5M

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
T. Rowe Price Investment Management, Inc. Active manager −2.2M Sold out 0 —
Millennium Management LLC Hedge fund −835K Sold out 0 —
RTW Investments, LP Hedge fund −682K −79.6% 175K $3.2M
Orbimed Advisors LLC −475K Sold out 0 —
Jennison Associates LLC Active manager −471K Sold out 0 —
Kennedy Capital Management LLC Active manager −388K Sold out 0 —
Dv Trading LLC −360K Sold out 0 —
BNP Paribas Financial Markets −289K −68.3% 134K $2.5M
Stempoint Capital LP −269K Sold out 0 —
Caption Management, LLC −245K −53.8% 210K $3.9M
Jpmorgan Chase & Co −176K −90.7% 18K $350,018
Qube Research & Technologies Ltd Hedge fund −175K Sold out 0 —
Jane Street Group, LLC −173K Sold out 0 —
Hudson Bay Capital Management LP Hedge fund −161K Sold out 0 —
Exome Asset Management LLC −159K Sold out 0 —
Marshall Wace, LLP Hedge fund −129K Sold out 0 —
Great Point Partners LLC −125K Sold out 0 —
Quadrature Capital Ltd Hedge fund −110K −87.7% 15K $284,684
Deutsche Bank Ag\ −109K −72.6% 41K $760,747
Rosalind Advisors, Inc. −75K Sold out 0 —

New positions

largest by value
InstitutionSharesValue June 30, 2026
Deep Track Capital, LPHedge fund 3.6M $66.7M
Braidwell LPHedge fund 1.6M $30.1M
Price T Rowe Associates IncActive manager 1.3M $24.2M
Alliancebernstein L.P.Active manager 1.3M $23.3M
Trails Edge Capital Partners, LP 892K $16.5M
Vestal Point Capital, LPHedge fund 775K $14.3M
Parkman Healthcare Partners LLC 766K $14.2M
Baker Bros. Advisors LPHedge fund 550K $10.2M
Silverarc Capital Management, LLC 500K $9.2M
Davern Capital Partners, LP 469K $8.7M

Sold out

largest by value
InstitutionSharesValue March 31, 2026
T. Rowe Price Investment Management, Inc.Active manager 2.2M $32.3M
Millennium Management LLCHedge fund 835K $12.5M
Orbimed Advisors LLC 475K $7.1M
Jennison Associates LLCActive manager 471K $7M
Kennedy Capital Management LLCActive manager 388K $5.8M
Dv Trading LLC 360K $5.4M
Stempoint Capital LP 269K $4M
Qube Research & Technologies LtdHedge fund 175K $2.6M
Jane Street Group, LLC 173K $2.6M
Hudson Bay Capital Management LPHedge fund 161K $2.4M

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
126
Ten largest holders
46.3%
of 13F-reported shares
Index fund managers
16.3%
of 13F-reported shares
Active managers and hedge funds
54.9%
of 13F-reported shares
Buying and selling by type of institution, March 31, 2026 to June 30, 2026
TypeBoughtSoldNewSold outNet change in sharesNet %
Active managers and hedge funds 34 14 15 10 +20.7M +108.1%
Index fund managers 10 0 3 0 +10.4M +735.5%
Other institutions 58 28 37 17 +9.9M +93.0%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

← Back to Avalo Therapeutics, Inc. · Insiders · Politicians