Adagio Medical
ADGM • XNAS
Adagio Medical is a surgical & medical instruments & apparatus company on XNAS, led by Todd Usen, with a market cap of $18.6M. As of Q3 2025, 76% of shares are held by 16 institutional investors, with PERCEPTIVE ADVISORS LLC as the largest holder at 64.21%.
Chief Executive OfficerTodd Usen
Overview
Overview of institutional ownership in ADGM as of Q3 2025 with a market cap of $29.8M
All Institutions
- Institutions
- 16
- Value Held
- $22.6M
- Shares Held
- 11.6M
- Avg Position
- $1.4M
- Median Position
- $58.3K
Hedge Funds
- Hedge Funds
- 6
- Value Held
- $20.3M
- Shares Held
- 10.5M
- Avg Position
- $3.4M
- Median Position
- $281.9K
Ownership Breakdown
Based on market cap of $29.8M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.
Biggest Investors
Institutions with the largest positions in ADGM as of Q3 2025
| Institution | Position Value |
|---|---|
 PERCEPTIVE ADVISORS LLC Hedge Fund•Long/Short | $19.2M 0.55% of portfolio |
A ADAGE CAPITAL PARTNERS GP LLC Institution | $2.1M 0.00% of portfolio |
 RTW INVESTMENTS, LLC Hedge Fund•Sector | $406.2K 0.01% of portfolio |
 Shaolin Capital Management LLC Hedge Fund•Multi-Strategy | $349.2K 0.08% of portfolio |
O Opaleye Management Inc. Hedge Fund•Long/Short | $214.5K 0.03% of portfolio |
 Affinity Asset Advisors, LLC Hedge Fund•Long/Short | $155.2K 0.02% of portfolio |
 GEODE CAPITAL MANAGEMENT LLC ETF Provider | $70.3K 0.00% of portfolio |
 VANGUARD GROUP INC Institution | $64.2K 0.00% of portfolio |
 RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant | $52.4K 0.00% of portfolio |
 TORONTO DOMINION BANK Institution | $48.5K 0.00% of portfolio |
Net Capital Flow
Institutional buying and selling activity for ADGM in Q3 2025
- Traded
- −$416.4K
- Buyers
- 6
- Sellers
- 6
- Total Bought
- +$577.9K
- Total Sold
- −$994.3K
- Avg Position
- $1.3M
Biggest Buyers
| Institution | Net Bought |
|---|---|
A ADAGE CAPITAL PARTNERS GP LLC Institution | +$460.2K +237.2K shares |
VANGUARD GROUP INC Institution | +$64.2K +33.1K shares |
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant | +$52.4K +27.0K shares |
 Fortitude Family Office, LLC Family Office | +$1.1K +569.0 shares |
 BARCLAYS PLC Institution | +$27.0 +14.0 shares |
 CITIGROUP INC Institution | +$2.0 +1.0 shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
Shaolin Capital Management LLC Hedge Fund•Multi-Strategy | −$846.2K −436.2K shares |
 CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | −$82.3K −60.9K shares |
 Cresset Asset Management, LLC RIA/Wealth | −$39.0K −30.0K shares |
 UBS Group AG Institution | −$24.2K −12.5K shares |
T Tower Research Capital LLC Institution | −$2.7K −1.4K shares |
 BANK OF AMERICA CORP /DE/ Institution | −$7.7 −4.0 shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited ADGM in Q3 2025
- New Positions
- 3
- New Value
- $116.6K
- Exited Positions
- 2
- Exited Value
- $121.3K
New Positions
| Institution | Position Value |
|---|---|
VANGUARD GROUP INC Institution | $64.2K 33.1K shares |
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant | $52.4K 27.0K shares |
CITIGROUP INC Institution | $2.0 1.0 shares |
Exited Positions
| Institution | Previous Position |
|---|---|
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | $82.3K 60.9K shares |
Cresset Asset Management, LLC RIA/Wealth | $39.0K 30.0K shares |
Options Activity
Institutions with the largest Call and Put options positions in ADGM 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 ADGM as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
PERCEPTIVE ADVISORS LLC Hedge Fund•Long/Short | 0.55% $19.2M |
Shaolin Capital Management LLC Hedge Fund•Multi-Strategy | 0.08% $349.2K |
O Opaleye Management Inc. Hedge Fund•Long/Short | 0.03% $214.5K |
Affinity Asset Advisors, LLC Hedge Fund•Long/Short | 0.02% $155.2K |
RTW INVESTMENTS, LLC Hedge Fund•Sector | 0.01% $406.2K |
A ADAGE CAPITAL PARTNERS GP LLC Institution | 0.00% $2.1M |
Fortitude Family Office, LLC Family Office | 0.00% $2.1K |
T Tower Research Capital LLC Institution | 0.00% $4.0K |
TORONTO DOMINION BANK Institution | 0.00% $48.5K |
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant | 0.00% $52.4K |
Hedge Fund Spotlight
Discover hedge funds investing in ADGM
Shaolin Capital Management LLC
Hedge Fund • Multi-Strategy
Portfolio ManagerDavid Barry Puritz
- Portfolio Value
- $449.9M
- Positions
- 157
- Last Reported
- Q3 2025
Sector Allocation
Position in Adagio Medical
- Market Value
- $349.2K
- Shares Held
- 180.0K
- Portfolio Weight
- 0.08%
- Owned Since
- 2024-Q2
| Top Holding | Sector | Market Value | Weight |
|---|---|---|---|
Financial - Capital Markets Financial Services | $18.1M | 4.03% | |
Software - Application Technology | $14.1M | 3.13% | |
Semiconductors Technology | $12.2M | 2.70% |
