Vault-13

AEROVATE THERAPEUTICS INC

COM · CUSIP 008064107

2 institutional holders -81 vs Q1 2025
24,41424.4k shares reported held*
$65.4kreported value*
0 new 0 added 1 reduced 81 sold out net sold ≈ $82.2m (-31.7m 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 ≈ $2.68.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 56Q4 22: 71Q1 23: 67Q2 23: 61Q3 23: 59Q4 23: 65Q1 24: 82Q2 24: 83Q3 24: 76Q4 24: 81Q1 25: 83Q2 25: 22Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202256
Q4 202271
Q1 202367
Q2 202361
Q3 202359
Q4 202365
Q1 202482
Q2 202483
Q3 202476
Q4 202481
Q1 202583
Q2 20252

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 23: 24 bought or addedQ3 23: 16 cut or sold outQ4 23: 28 bought or addedQ4 23: 20 cut or sold outQ4 23Q1 24: 42 bought or addedQ1 24: 27 cut or sold outQ2 24: 58 bought or addedQ2 24: 44 cut or sold outQ2 24Q3 24: 35 bought or addedQ3 24: 38 cut or sold outQ4 24: 48 bought or addedQ4 24: 33 cut or sold outQ4 24Q1 25: 35 bought or addedQ1 25: 28 cut or sold outQ2 25: 0 bought or addedQ2 25: 82 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20232416
Q4 20232820
Q1 20244227
Q2 20245844
Q3 20243538
Q4 20244833
Q1 20253528
Q2 2025082

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$1m$2m$3mQ3 24 calls: $300.7kQ3 24 puts: $66.3kQ3 24P/C 0.22Q4 24 calls: $2.7mQ4 24 puts: $760.8kQ4 24P/C 0.28Q1 25 calls: $76.1kQ1 25 puts: $158.8kQ1 25P/C 2.09Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —
Numbers
QuarterCallsPutsP/C
Q3 2024$300.7k$66.3k0.22
Q4 2024$2.7m$760.8k0.28
Q1 2025$76.1k$158.8k2.09
Q2 2025$0$0—

Biggest buyers

None

Biggest sellers

RA CAPITAL MANAGEMENT, L.P. Sold out -9,192,092-9.2m
Sofinnova Investments, Inc. Sold out -3,758,686-3.8m
TCG Crossover Management, LLC Sold out -2,240,809-2.2m
Atlas Venture Life Science Advisors, LLC Sold out -1,799,232-1.8m
ADAR1 Capital Management, LLC Sold out -1,461,234-1.5m
BRAIDWELL LP Sold out -1,440,499-1.4m
Allostery Investments LP Sold out -1,421,568-1.4m
Logos Global Management LP Sold out -1,400,000-1.4m
VANGUARD GROUP INC Sold out -1,066,996-1.1m
BlackRock, Inc. Sold out -959,294-959.3k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 NorthCoast Asset Management LLC 0.00% of their portfolio STAMFORD, CT 24,21024.2k $64.9k $64.9k 0.00% Reduced -2.3k -2,304
2 Alamea Verwaltungs GmbH 0.00% of their portfolio Edison, NJ 204204 $512 $512 0.00% Unchanged