Who owns ADAG
Which tracked institutional funds hold ADAG, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See ADAG company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-14). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on ADAG is one-sided between 2026-Q1 and 2026-Q2: 14 added or opened and 2 trimmed or exited — on balance accumulating.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
ADAG’s largest tracked holder by dollar value, Jupiter Topco LLC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in ADAG divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 34 tracked filers holding ADAG, 26 increased or opened the position and 12 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in ADAG between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 8
- Jupiter Topco LLC$28M
- DEERFIELD MANAGEMENT COMPANY, L.P.$11M
- Siren, L.L.C.$11M
- Squadron Capital Management LLC$5M
- CITADEL ADVISORS LLC$2M
- Birchview Capital, LP$1M
Full exits 1
- Mill Creek Capital Advisors, LLC$782K
Largest adds
- AMERIPRISE FINANCIAL INC$5M
- HSG Holding Ltd$4M
- Dauntless Investment Group, LLC$2M
- UBS Group AG$505K
- RENAISSANCE TECHNOLOGIES LLC$480K
- Quadrature Capital Ltd$293K
Largest trims
- Exome Asset Management LLC$838K
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Jupiter Topco LLC new | 6,666,666 | $28M | 31.0% | 2026-Q2 |
| DEERFIELD MANAGEMENT COMPANY, L.P. new | 2,666,666 | $11M | 12.4% | 2026-Q2 |
| Siren, L.L.C. new | 2,666,666 | $11M | 12.4% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 1,716,711 | $7M | 8.0% | 2026-Q2 |
| HSG Holding Ltd | 1,343,364 | $6M | 6.2% | 2026-Q2 |
| Squadron Capital Management LLC new | 1,250,000 | $5M | 5.8% | 2026-Q2 |
| Dauntless Investment Group, LLC added | 537,230 | $2M | 2.5% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 506,934 | $2M | 2.3% | 2026-Q2 |
| Exome Asset Management LLC trimmed | 488,293 | $2M | 2.3% | 2026-Q2 |
| Birchview Capital, LP new | 240,000 | $1M | 1.1% | 2026-Q2 |
| MONETA GROUP INVESTMENT ADVISORS LLC new | 200,000 | $840K | 0.9% | 2026-Q2 |
| Pathstone Holdings, LLC new | 199,610 | $838K | 0.9% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC added | 146,500 | $615K | 0.7% | 2026-Q2 |
| UBS Group AG added | 124,063 | $521K | 0.6% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC new | 105,598 | $444K | 0.5% | 2026-Q2 |
| Quadrature Capital Ltd added | 80,487 | $338K | 0.4% | 2026-Q2 |
| MARSHALL WACE, LLP new | 69,100 | $290K | 0.3% | 2026-Q2 |
| Invesco Ltd. trimmed | 42,945 | $180K | 0.2% | 2026-Q2 |
| SmartHarvest Portfolios, LLC added | 41,694 | $175K | 0.2% | 2026-Q2 |
| Kamunting Street Capital Management, L.P. | 38,070 | $160K | 0.2% | 2026-Q2 |
| JANE STREET GROUP, LLC trimmed | 27,486 | $115K | 0.1% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 17,994 | $76K | 0.1% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 17,070 | $72K | 0.1% | 2026-Q2 |
| XTX Topco Ltd added | 12,272 | $52K | 0.1% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP new | 11,953 | $50K | 0.1% | 2026-Q2 |
| MORGAN STANLEY trimmed | 7,961 | $33K | 0.0% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS added | 7,900 | $33K | 0.0% | 2026-Q2 |
| HUNTINGTON NATIONAL BANK new | 2,464 | $10K | 0.0% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN new | 1,513 | $6K | 0.0% | 2026-Q2 |
| Tower Research Capital LLC (TRC) new | 1,058 | $4K | 0.0% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 452 | $2K | 0.0% | 2026-Q2 |
| Integrated Wealth Concepts LLC new | 420 | $2K | 0.0% | 2026-Q2 |
| Caitong International Asset Management Co., Ltd added | 48 | $202 | 0.0% | 2026-Q2 |
| SBI Securities Co., Ltd. trimmed | 13 | $55 | 0.0% | 2026-Q2 |
| Mill Creek Capital Advisors, LLC | 199,610 | $782K | 0.9% | 2026-Q1 stale (1 quarter behind) |
| Persistent Asset Partners Ltd new | 35,126 | $138K | 0.2% | 2026-Q1 stale (1 quarter behind) |
| Alyeska Investment Group, L.P. new | 20,710 | $81K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| NOMURA HOLDINGS INC trimmed | 14,710 | $58K | 0.1% | 2026-Q1 stale (1 quarter behind) |
| EverSource Wealth Advisors, LLC trimmed | 235 | $7K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| BlackRock, Inc. | 635 | $2K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| BARCLAYS PLC trimmed | 400 | $2K | 0.0% | 2026-Q1 stale (1 quarter behind) |
| FIFTH LANE CAPITAL, LP added | 145,000 | $274K | 0.3% | 2025-Q4 stale (2 quarters behind) |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO new | 12 | $23 | 0.0% | 2025-Q4 stale (2 quarters behind) |
| GENERAL ATLANTIC, L.P. trimmed | 3,782,339 | $8M | 8.3% | 2025-Q3 stale (3 quarters behind) |
| Gordian Capital Singapore Pte Ltd added | 48,342 | $96K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| Marex Group plc trimmed | 23,419 | $47K | 0.1% | 2025-Q3 stale (3 quarters behind) |
| FMR LLC trimmed | 379,159 | $751K | 0.8% | 2025-Q2 stale (4 quarters behind) |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | 0 | — | 0.0% | 2025-Q2 stale (4 quarters behind) |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.