Aardvark Therapeutics, Inc. Common Stock
AARD • NASDAQ
Aardvark Therapeutics, Inc. Common Stock is a publicly traded company on NASDAQ, with a market cap of $314.2M. As of Q3 2025, 44% of shares are held by 48 institutional investors, with Decheng Capital LLC as the largest holder at 18.06%.
Market Cap$314.2M
Websiteaardvarktherapeutics.com
Overview
Overview of institutional ownership in AARD as of Q3 2025 with a market cap of $288.3M
All Institutions
- Institutions
- 48
- Value Held
- $125.8M
- Shares Held
- 9.5M
- Avg Position
- $2.6M
- Median Position
- $228.9K
Hedge Funds
- Hedge Funds
- 7
- Value Held
- $44.9M
- Shares Held
- 3.4M
- Avg Position
- $6.4M
- Median Position
- $4.1M
Ownership Breakdown
Based on market cap of $288.3M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.
Biggest Investors
Institutions with the largest positions in AARD as of Q3 2025
| Institution | Position Value |
|---|---|
 Decheng Capital LLC Venture Capital | $52.1M 9.08% of portfolio |
 CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | $18.1M 0.01% of portfolio |
 Laurion Capital Management LP Hedge Fund•Multi-Strategy | $14.0M 2.05% of portfolio |
 VANGUARD GROUP INC Institution | $7.4M 0.00% of portfolio |
A ADAGE CAPITAL PARTNERS GP LLC Institution | $4.7M 0.01% of portfolio |
 MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy | $4.2M 0.00% of portfolio |
B BlackRock, Inc. Institution | $4.1M 0.00% of portfolio |
 SILVERARC CAPITAL MANAGEMENT, LLC Hedge Fund•Long/Short | $4.1M 0.59% of portfolio |
 Schonfeld Strategic Advisors LLC Hedge Fund•Multi-Strategy | $3.4M 0.02% of portfolio |
 GEODE CAPITAL MANAGEMENT LLC ETF Provider | $2.6M 0.00% of portfolio |
Net Capital Flow
Institutional buying and selling activity for AARD in Q3 2025
- Traded
- +$7.2M
- Buyers
- 35
- Sellers
- 7
- Total Bought
- +$18.5M
- Total Sold
- −$11.4M
- Avg Position
- $2.5M
Biggest Buyers
| Institution | Net Bought |
|---|---|
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy | +$4.2M +319.6K shares |
A ADAGE CAPITAL PARTNERS GP LLC Institution | +$2.3M +175.0K shares |
 Cresset Asset Management, LLC RIA/Wealth | +$2.0M +146.8K shares |
B BlackRock, Inc. Institution | +$1.4M +103.7K shares |
VANGUARD GROUP INC Institution | +$1.3M +94.7K shares |
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | +$1.0M +76.2K shares |
 TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy | +$844.8K +63.6K shares |
Laurion Capital Management LP Hedge Fund•Multi-Strategy | +$806.1K +60.7K shares |
 MORGAN STANLEY RIA/Wealth | +$790.8K +59.5K shares |
GEODE CAPITAL MANAGEMENT LLC ETF Provider | +$759.0K +57.1K shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
C Cormorant Asset Management, LLC Hedge Fund•Long/Short | −$10.8M −800.2K shares |
Schonfeld Strategic Advisors LLC Hedge Fund•Multi-Strategy | −$339.0K −25.5K shares |
 BARCLAYS PLC Institution | −$141.3K −10.6K shares |
N NEW YORK STATE COMMON RETIREMENT FUND Institution | −$46.2K −3.5K shares |
M MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Institution | −$6.7K −506.0 shares |
 JPMORGAN CHASE & CO Institution | −$4.8K −361.0 shares |
T Tower Research Capital LLC Institution | −$1.1K −83.0 shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited AARD in Q3 2025
- New Positions
- 13
- New Value
- $3.1M
- Exited Positions
- 1
- Exited Value
- $10.8M
New Positions
| Institution | Position Value |
|---|---|
Cresset Asset Management, LLC RIA/Wealth | $2.0M 146.8K shares |
 TWO SIGMA ADVISERS, LLC Hedge Fund•Multi-Strategy | $341.6K 25.7K shares |
B BRIDGEWAY CAPITAL MANAGEMENT INC Long Only Manager | $292.4K 22.0K shares |
J JANE STREET GROUP, LLC Institution | $258.5K 19.4K shares |
 Bank of New York Mellon Corp Institution | $206.3K 15.5K shares |
$28.2K 2.1K shares | |
 Stone House Investment Management, LLC RIA/Wealth | $13.3K 1.0K shares |
R Russell Investments Group, Ltd. RIA/Wealth | $6.2K 469.0 shares |
 FMR LLC Institution | $4.8K 363.0 shares |
 PNC FINANCIAL SERVICES GROUP, INC. Institution | $1.9K 140.0 shares |
Exited Positions
| Institution | Previous Position |
|---|---|
C Cormorant Asset Management, LLC Hedge Fund•Long/Short | $10.8M 800.2K shares |
Options Activity
Institutions with the largest Call and Put options positions in AARD as of Q3 2025
- Call Positions
- 0
- Call Value
- -
- Put Positions
- 0
- Put Value
- -
Call Positions
| Institution | Position Value |
|---|---|
| No call positions found | |
Put Positions
| Institution | Position Value |
|---|---|
| No put positions found | |
Most Committed Institutions
Institutions with AARD as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
Decheng Capital LLC Venture Capital | 9.08% $52.1M |
Laurion Capital Management LP Hedge Fund•Multi-Strategy | 2.05% $14.0M |
SILVERARC CAPITAL MANAGEMENT, LLC Hedge Fund•Long/Short | 0.59% $4.1M |
C CANTOR FITZGERALD, L. P. Institution | 0.03% $1.3M |
Schonfeld Strategic Advisors LLC Hedge Fund•Multi-Strategy | 0.02% $3.4M |
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | 0.01% $18.1M |
Cresset Asset Management, LLC RIA/Wealth | 0.01% $2.0M |
A ADAGE CAPITAL PARTNERS GP LLC Institution | 0.01% $4.7M |
B BRIDGEWAY CAPITAL MANAGEMENT INC Long Only Manager | 0.01% $292.4K |
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy | 0.00% $4.2M |