ADLAI NORTYE LTD ANL
SPONSORED ADS · ADR · CUSIP 00704R109
- SectorHealth care
- IndustryPharmaceutical Preparations
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $11.50.
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2023 | 4 |
| Q4 2023 | 4 |
| Q1 2024 | 4 |
| Q2 2024 | 4 |
| Q3 2024 | 4 |
| Q4 2024 | 4 |
| Q1 2025 | 5 |
| Q2 2025 | 5 |
| Q3 2025 | 5 |
| Q4 2025 | 5 |
| Q1 2026 | 26 |
| Q2 2026 | 42 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 3 | 1 |
| Q4 2024 | 0 | 3 |
| Q1 2025 | 2 | 1 |
| Q2 2025 | 4 | 2 |
| Q3 2025 | 2 | 4 |
| Q4 2025 | 2 | 3 |
| Q1 2026 | 24 | 1 |
| Q2 2026 | 31 | 13 |
Biggest buyers
| Balyasny Asset Management L.P. | Added | +2.2m |
| Point72 Asset Management, L.P. | New | +2.1m |
| MPM BIOIMPACT LLC | New | +1.9m |
| PERCEPTIVE ADVISORS LLC | New | +1.8m |
| Cormorant Asset Management, LP | Added | +1.1m |
| Octagon Capital Advisors LP | New | +934.7k |
| ADAR1 Capital Management, LLC | Added | +899.9k |
| BRAIDWELL LP | New | +795.2k |
| EVENTIDE ASSET MANAGEMENT, LLC | New | +718.7k |
| Casdin Capital, LLC | Added | +711.5k |
Biggest sellers
| Squadron Capital Management LLC | Reduced | -500.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Sold out | -99.8k |
| UBS Group AG | Reduced | -69.4k |
| CANTOR FITZGERALD, L. P. | Sold out | -40.3k |
| TD Asset Management Inc | Sold out | -35.7k |
| Persistent Asset Partners Ltd | Sold out | -33.7k |
| AMERIPRISE FINANCIAL INC | Reduced | -33.5k |
| Tidal Investments LLC | Reduced | -21.7k |
| DYMON ASIA CAPITAL (SINGAPORE) PTE. LTD. | Sold out | -15.0k |
| Affinity Asset Advisors, LLC | Reduced | -10.9k |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| ANL Talent Ltd 13G · exempt (held before listing) new · filed 2026-01-16 | 7.8% |
| Cormorant Asset Management, LP 13G · institution +1.6 pts · filed 2026-08-14 | 6.8% |
Fell to 5% or below in the last year: Venrock Healthcare Capital Partners III, L.P. (4.4%, 2026-08-14), Hangzhou Jingyin Investment Partnership (Limited Partnership (2.9%, 2026-05-14), Unique Mark Ventures Ltd (0.0%, 2026-02-09)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
| Q2 2026 | 0 | — | 1 | $132 | — |
| Q3 2026 | 0 | — | 2 | $247.8k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-09-22 | Ji Ping Director · American Depository shares | Sold | $83.2k5.0k shares |
| 2026-08-26 | Ye Xiaofeng CFO · American Depositary Shares | Sold | $80.8k5.7k shares |
| 2026-08-24 | Ye Xiaofeng CFO · American Depositary Shares | Sold | $83.9k6.0k shares |
| 2026-05-13 | LU YANG CEO, director · American Depositary Shares | Sold | $13210 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| Cormorant Asset Management, LP 2.34% of their portfolio | 4.0m $45.7m | Added +1.1m |
| Venrock Adviser, LLC 1.12% of their portfolio | 3.2m $36.9m | Unchanged |
| Balyasny Asset Management L.P. 0.06% of their portfolio | 3.1m $35.2m | Added +2.2m |
| Point72 Asset Management, L.P. 0.04% of their portfolio | 2.1m $24.6m | New |
| MPM BIOIMPACT LLC 1.36% of their portfolio | 1.9m $22.3m | New |
| PERCEPTIVE ADVISORS LLC 0.32% of their portfolio | 1.8m $20.6m | New |
| Casdin Capital, LLC 0.72% of their portfolio | 1.2m $14.4m | Added +711.5k |
| ADAR1 Capital Management, LLC 0.55% of their portfolio | 1.0m $11.7m | Added +899.9k |
| Octagon Capital Advisors LP 0.99% of their portfolio | 934.7k $10.7m | New |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 807.8k $9.3m | Added +126.1k |
| BRAIDWELL LP 0.34% of their portfolio | 795.2k $9.1m | New |
| Squadron Capital Management LLC 3.01% of their portfolio | 764.9k $8.8m | Reduced -500.4k |
| EVENTIDE ASSET MANAGEMENT, LLC 0.11% of their portfolio | 718.7k $8.3m | New |
| SUPERSTRING CAPITAL MANAGEMENT LP 4.01% of their portfolio | 552.5k $6.4m | Added +137.6k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.01% of their portfolio | 538.5k $6.2m | Unchanged |
| Woodline Partners LP 0.02% of their portfolio | 455.7k $5.2m | Added +246.5k |
| Soleus Capital Management, L.P. 0.16% of their portfolio | 405.5k $4.7m | New |
| Freestone Grove Partners LP 0.03% of their portfolio | 397.4k $4.6m | New |
| BOONE CAPITAL MANAGEMENT LLC 0.70% of their portfolio | 258.4k $3.0m | New |
| DAFNA Capital Management LLC 0.53% of their portfolio | 239.6k $2.8m | New |
| Kalehua Capital Management LLC 0.83% of their portfolio | 226.4k $2.6m | New |
| Affinity Asset Advisors, LLC 0.09% of their portfolio | 153.8k $1.8m | Reduced -10.9k |
| DV Trading LLC 0.11% of their portfolio | 113.2k $1.3m | New |
| Seven Fleet Capital Management LP 0.21% of their portfolio | 113.2k $1.3m | New |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 94.1k $1.1m | Added +28.1k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 86.7k $997.0k | Reduced -33.5k |
| XTX Topco Ltd 0.01% of their portfolio | 68.0k $781.4k | New |
| UBS Group AG 0.00% of their portfolio | 52.9k $608.3k | Reduced -69.4k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 47.6k $547.4k | New |
| Tidal Investments LLC 0.00% of their portfolio | 44.4k $510.1k | Reduced -21.7k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 35.5k $408.3k | New |
| Ikarian Capital, LLC 0.06% of their portfolio | 33.9k $389.8k | Unchanged |
| Virtus Investment Advisers, LLC 0.08% of their portfolio | 31.7k $364.6k | New |
| ACT CAPITAL MANAGEMENT, LLC 0.20% of their portfolio | 27.0k $310.5k | New |
| Stonepine Capital Management, LLC 0.21% of their portfolio | 24.3k $279.0k | New |
| Verition Fund Management LLC 0.00% of their portfolio | 17.6k $202.3k | New |
| SmartHarvest Portfolios, LLC 0.05% of their portfolio | 14.4k $166.1k | Reduced -1.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 14.2k $163.0k | Added +3.0k |
| ANTIPODES PARTNERS Ltd 0.00% of their portfolio | 1.6k $18.9k | Reduced -409 |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 577 $6.6k | New |
| BESSEMER GROUP INC 0.00% of their portfolio | 91 $1.0k | Unchanged |
| Caitong International Asset Management Co., Ltd 0.00% of their portfolio | 7 $80 | New |