Vault-13

AEROVATE THERAPEUTICS INC

COM · CUSIP 008064107

82 institutional holders +17 vs Q4 2023
28,513,86528.5m shares reported held*
$843.2mreported value*
22 new 20 added 23 reduced 4 sold out net bought ≈ $6.1m (+205.9k shares)

* 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 ≈ $29.57.

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 56Q4 22: 71Q1 23: 67Q2 23: 61Q3 23: 59Q4 23: 65Q1 24: 8282Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 202256
Q4 202271
Q1 202367
Q2 202361
Q3 202359
Q4 202365
Q1 202482

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
50050Q4 22: 38 bought or addedQ4 22: 32 cut or sold outQ4 22Q1 23: 29 bought or addedQ1 23: 34 cut or sold outQ1 23Q2 23: 26 bought or addedQ2 23: 24 cut or sold outQ2 23Q3 23: 24 bought or addedQ3 23: 16 cut or sold outQ3 23Q4 23: 28 bought or addedQ4 23: 20 cut or sold outQ4 23Q1 24: 42 bought or addedQ1 24: 27 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 20223832
Q1 20232934
Q2 20232624
Q3 20232416
Q4 20232820
Q1 20244227

Biggest buyers

EVENTIDE ASSET MANAGEMENT, LLC Added +433,322+433.3k
Ikarian Capital, LLC New +367,965+368.0k
Woodline Partners LP New +200,000+200.0k
Ensign Peak Advisors, Inc Added +140,000+140.0k
SUPERSTRING CAPITAL MANAGEMENT LP New +110,264+110.3k
Exome Asset Management LLC New +98,485+98.5k
BOOTHBAY FUND MANAGEMENT, LLC New +97,842+97.8k
MILLENNIUM MANAGEMENT LLC New +62,555+62.6k
Walleye Capital LLC New +54,520+54.5k
VANGUARD GROUP INC Added +45,444+45.4k

Biggest sellers

Vestal Point Capital, LP Sold out -400,000-400.0k
Driehaus Capital Management LLC Reduced -263,217-263.2k
ORBIMED ADVISORS LLC Reduced -191,556-191.6k
GREAT POINT PARTNERS LLC Reduced -150,000-150.0k
Paradigm Biocapital Advisors LP Sold out -143,235-143.2k
Cormorant Asset Management, LP Reduced -141,900-141.9k
Hudson Bay Capital Management LP Sold out -103,000-103.0k
Nantahala Capital Management, LLC Reduced -91,188-91.2k
Point72 Asset Management, L.P. Reduced -41,650-41.6k
BlackRock Inc. Reduced -17,702-17.7k

Holders, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 RA CAPITAL MANAGEMENT, L.P. 3.11% of their portfolio BOSTON, MA 8,263,9828.3m $244.4m $244.4m 3.11% Unchanged
2 Sofinnova Investments, Inc. 6.56% of their portfolio Menlo Park, CA 3,758,6863.8m $111.1m $111.1m 6.56% Unchanged
3 TCG Crossover Management, LLC 5.15% of their portfolio PALO ALTO, CA 2,201,2742.2m $65.1m $65.1m 5.15% Unchanged
4 Atlas Venture Life Science Advisors, LLC 5.57% of their portfolio CAMBRIDGE, MA 2,039,2492.0m $60.3m $60.3m 5.57% Unchanged
5 BAKER BROS. ADVISORS LP 0.62% of their portfolio NEW YORK, NY 1,680,5171.7m $49.7m $49.7m 0.62% Unchanged
6 Frazier Life Sciences Management, L.P. 1.50% of their portfolio PALO ALTO, CA 1,204,8671.2m $35.6m $35.6m 1.50% Unchanged
7 Cormorant Asset Management, LP 1.39% of their portfolio BOSTON, MA 1,069,7961.1m $31.6m $31.6m 1.39% Reduced -141.9k -141,900
8 GREAT POINT PARTNERS LLC 4.09% of their portfolio Greenwich, CT 887,690887.7k $26.2m $26.2m 4.09% Reduced -150.0k -150,000
9 Driehaus Capital Management LLC 0.23% of their portfolio Chicago, IL 794,992795.0k $23.5m $23.5m 0.23% Reduced -263.2k -263,217
10 BlackRock Inc. 0.00% of their portfolio New York, NY 709,752709.8k $21.0m $21.0m 0.00% Reduced -17.7k -17,702
11 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 672,275672.3k $19.9m $19.9m 0.00% Added +45.4k +45,444
12 ORBIMED ADVISORS LLC 0.31% of their portfolio New York, NY 565,374565.4k $16.7m $16.7m 0.31% Reduced -191.6k -191,556
13 FMR LLC 0.00% of their portfolio BOSTON, MA 537,530537.5k $15.9m $15.9m 0.00% Added +44 +44
14 EVENTIDE ASSET MANAGEMENT, LLC 0.21% of their portfolio Boston, MA 445,500445.5k $13.2m $13.2m 0.21% Added +433.3k +433,322
15 Octagon Capital Advisors LP 1.45% of their portfolio NEW YORK, NY 403,685403.7k $11.9m $11.9m 1.45% Unchanged
16 Point72 Asset Management, L.P. 0.03% of their portfolio STAMFORD, CT 399,824399.8k $11.8m $11.8m 0.03% Reduced -41.6k -41,650
17 Ikarian Capital, LLC 2.96% of their portfolio DALLAS, TX 367,965368.0k $10.9m $10.9m 2.96% New
18 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 281,760281.8k $8.3m $8.3m 0.00% Added +4.9k +4,865
19 Ensign Peak Advisors, Inc 0.01% of their portfolio SALT LAKE CITY, UT 262,257262.3k $7.8m $7.8m 0.01% Added +140.0k +140,000
20 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 229,986230.0k $6.8m $6.8m 0.00% Added +16.0k +15,959
21 Ghost Tree Capital, LLC 2.14% of their portfolio NEW YORK, NY 225,000225.0k $6.7m $6.7m 2.14% Added +15.0k +15,000
22 Woodline Partners LP 0.05% of their portfolio San Francisco, CA 200,000200.0k $5.9m $5.9m 0.05% New
23 SUPERSTRING CAPITAL MANAGEMENT LP 2.16% of their portfolio NEW YORK, NY 110,264110.3k $3.3m $3.3m 2.16% New
24 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 98,55998.6k $2.9m $2.9m 0.00% Reduced -968 -968
25 Exome Asset Management LLC 2.49% of their portfolio NEW YORK, NY 98,48598.5k $2.9m $2.9m 2.49% New
26 BOOTHBAY FUND MANAGEMENT, LLC 0.08% of their portfolio NEW YORK, NY 97,84297.8k $2.9m $2.9m 0.08% New
27 Nantahala Capital Management, LLC 0.26% of their portfolio NEW CANAAN, CT 91,18891.2k $2.7m $2.7m 0.26% Reduced -91.2k -91,188
28 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 78,84978.8k $2.3m $2.3m 0.00% Added +8.7k +8,745
29 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 62,55562.6k $1.8m $1.8m 0.00% New
30 Walleye Capital LLC 0.02% of their portfolio NEW YORK, NY 54,52054.5k $1.6m $1.6m 0.02% New
31 Eversept Partners, LP 0.12% of their portfolio NEW YORK, NY 54,15054.1k $1.6m $1.6m 0.12% Added +3.9k +3,908
32 Nan Fung Group Holdings Ltd 1.31% of their portfolio KAI TAK, K3 47,93647.9k $1.4m $1.4m 1.31% Unchanged
33 Skandinaviska Enskilda Banken AB (publ) 0.01% of their portfolio STOCKHOLM, V7 44,32044.3k $1.3m $1.3m 0.01% Reduced -6.5k -6,546
34 FRED ALGER MANAGEMENT, LLC 0.01% of their portfolio NEW YORK, NY 43,79043.8k $1.3m $1.3m 0.01% Added +7.3k +7,312
35 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 40,04740.0k $1.2m $1.2m 0.00% Unchanged
36 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 30,95831.0k $915.4k $915.4k 0.00% Added +1.4k +1,416
37 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 27,66427.7k $818.0k $818.0k 0.00% Reduced -8.9k -8,894
38 Shay Capital LLC 0.21% of their portfolio NEW YORK, NY 24,58824.6k $727.1k $727.1k 0.21% New
39 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 22,91322.9k $677.5k $677.5k 0.00% Added +13.2k +13,153
40 PRELUDE CAPITAL MANAGEMENT, LLC 0.04% of their portfolio NEW YORK, NY 20,68520.7k $611.7k $611.7k 0.04% New
41 ALPS ADVISORS INC 0.00% of their portfolio Denver, CO 19,51919.5k $577.2k $577.2k 0.00% Added +801 +801
42 Parkwood LLC 0.05% of their portfolio CLEVELAND, OH 17,72817.7k $524.0k $524.0k 0.05% Added +1.9k +1,942
43 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 17,26517.3k $510.5k $510.5k 0.00% New
44 ADAR1 Capital Management, LLC 0.13% of their portfolio AUSTIN, TX 15,90015.9k $470.2k $470.2k 0.13% New
45 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 14,95715.0k $442.3k $442.3k 0.00% Unchanged
46 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 14,62214.6k $432.4k $432.4k 0.00% Added +465 +465
47 TAKEDA PHARMACEUTICAL CO LTD 0.14% of their portfolio Tokyo, M0 13,58013.6k $401.6k $401.6k 0.14% Unchanged
48 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 13,10013.1k $387.4k $387.4k 0.00% Unchanged
49 PDT Partners, LLC 0.04% of their portfolio New York, NY 12,68012.7k $374.9k $374.9k 0.04% New
50 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 11,26411.3k $333.1k $333.1k 0.00% Reduced -1.8k -1,842
51 UBS Group AG 0.00% of their portfolio ZURICH, V8 11,23711.2k $332.3k $332.3k 0.00% Reduced -1.0k -1,004
52 Jump Financial, LLC 0.01% of their portfolio Chicago, IL 9,6009.6k $283.9k $283.9k 0.01% New
53 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 9,1829.2k $271.5k $271.5k 0.00% Reduced -5.8k -5,770
54 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 8,9178.9k $263.7k $263.7k 0.00% Reduced -13.8k -13,781
55 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 7,8727.9k $232.8k $232.8k 0.00% Reduced -7.5k -7,522
56 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 7,8007.8k $230.6k $230.6k 0.00% New
57 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 7,5007.5k $222.0k $222.0k 0.00% New
58 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 7,1247.1k $210.7k $210.7k 0.00% New
59 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 5,5095.5k $162.9k $162.9k 0.00% Reduced -47 -47
60 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 5,2285.2k $154.6k $154.6k 0.00% Unchanged
61 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 4,7794.8k $141.3k $141.3k 0.00% Reduced -206 -206
62 AlphaQuest LLC 0.02% of their portfolio New York, NY 4,6264.6k $136.8k $136.8k 0.02% New
63 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 4,3124.3k $127.5k $127.5k 0.00% Added +9 +9
64 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 3,3623.4k $99.4k $99.4k 0.00% Added +448 +448
65 EntryPoint Capital, LLC 0.08% of their portfolio NEW YORK, NY 3,1263.1k $92.4k $92.4k 0.08% Reduced -3.0k -3,007
66 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 2,5472.5k $75.3k $75.3k 0.00% Added +452 +452
67 STRS OHIO 0.00% of their portfolio COLUMBUS, OH 2,2002.2k $65.0k $65.0k 0.00% Reduced -100 -100
68 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 2,0602.1k $60.9k $60.9k 0.00% Added +1.1k +1,138
69 Legal & General Group Plc 0.00% of their portfolio London, X0 1,1771.2k $34.8k $34.8k 0.00% Reduced -489 -489
70 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 1,1241.1k $33.2k $33.2k 0.00% Reduced -716 -716
71 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 772772 $22.8k $22.8k 0.00% Unchanged
72 Metropolitan Life Insurance Co/NY 0.00% of their portfolio New York, NY 701701 $20.7k $20.7k 0.00% Unchanged
73 Fortitude Family Office, LLC 0.01% of their portfolio SCOTTSDALE, AZ 416416 $12.3k $12.3k 0.01% Unchanged
74 AMALGAMATED BANK 0.00% of their portfolio NEW YORK, NY 347347 $10.0k $10.0k 0.00% Reduced -1.1k -1,085
75 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 287287 $8.0k $8.0k 0.00% Reduced -3.2k -3,188
76 GAMMA Investing LLC 0.00% of their portfolio FOSTER CITY, CA 9494 $2.8k $2.8k 0.00% Added +14 +14
77 FEDERATED HERMES, INC. 0.00% of their portfolio PITTSBURGH, PA 6060 $1.8k $1.8k 0.00% New
78 NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio ST. LOUIS, MO 77 $207 $207 0.00% New
79 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 77 $207 $207 0.00% New
80 Avior Wealth Management, LLC 0.00% of their portfolio OMAHA, NE 22 $59 $59 0.00% New
81 CWM, LLC 0.00% of their portfolio OMAHA, NE 11 $0 $0 0.00% New
82 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged