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Aardvark Therapeutics, Inc. · 13F filings

AARD Institutional Ownership

Holdings as of Jun 30, 2026From SEC Form 13FUpdated

Who owns Aardvark Therapeutics, Inc. and what the big funds did with it last quarter, from every SEC 13F filing. 72 funds reported holding AARD at Jun 30, 2026, together owning 43.6% of the company.

← AARD stock page

Fund sentiment
Bearish
Strongly bearishNeutralStrongly bullish
  • ▼39 buying vs 48 selling
  • ▼Held by funds -3.0 pts
  • ▼Funds holding -7
  • ●Superinvestors: 2 added, 2 cut
  • ●Put/call not meaningful

What the filings show, not a forecast. Positions can be up to 45 days old and leave out short sales.

Funds holding72−7 vs Q1 2026
Held by funds43.6%−3.0 pts
Value held$55M9.5M shares
Put/call ratio0.00market makers left out

Funds holding and ownership

6 quarters
Q1 2025: 27 fundsQ1 '25Q2 2025: 35 fundsQ2 '25Q3 2025: 49 fundsQ3 '25Q4 2025: 66 fundsQ4 '25Q1 2026: 79 fundsQ1 '26Q2 2026: 72 fundsQ2 '2643.6% owned
Funds holdingHeld by funds %

Quarter over quarter

all 13F filers
Q2 2026This quarterQ1 2026Change
Funds holding7279−8.9%
In funds' top 10110.0%
13F shares9.5M10.2M−6.4%
Held by funds43.6%46.6%−3.0 pts
New positions1928−32.1%
Increased2017+17.6%
Reduced2423+4.3%
Sold out2418+33.3%
Calls (shares)15K0–
Puts (shares)00–
Put/call ratio0.00––

Buyers vs sellers

adding or new vs cutting or sold out
Q1 2025: 27 buyingQ1 2025: 0 sellingQ1 '25Q2 2025: 30 buyingQ2 2025: 12 sellingQ2 '25Q3 2025: 35 buyingQ3 2025: 8 sellingQ3 '25Q4 2025: 49 buyingQ4 2025: 15 sellingQ4 '25Q1 2026: 45 buyingQ1 2026: 41 sellingQ1 '26Q2 2026: 39 buyingQ2 2026: 48 sellingQ2 '26
Buying 39Selling 48latest quarter

Superinvestors in AARD

All superinvestors →

Who owns AARD

share of fund held shares
  • Index and passive funds11.2%
  • Active managers and hedge funds86.3%
  • Banks and brokers2.5%
  • Pensions, insurers and other0.0%

The top 10 holders own 89.5% of all AARD shares that funds reported. Groups are our own grouping of filers by name.

Filed so far for Q3 2026

11 funds changed their position

🔒 Free account: see all 11.

Top holders

Q2 2026
#FundOf companySharesValueChange
1Decheng Capital LLC17.90%3.9M$22.6M0
2Citadel Advisors LLC5.86%1.3M$7.4M+40K
3Laurion Capital Management LP4.73%1M$6M0
4Vanguard Capital Management LLC2.57%563K$3.2M+8,776
5AQR Capital Management LLC2.19%480K$2.8M+346K
6EcoR1 Capital, LLC1.81%396K$2.3M+396K
7Adage Capital Partners Gp, L.l.c.1.37%300K$1.7M0
8Cantor Fitzgerald, L. P.1.07%233K$1.3M+166K
9BlackRock, Inc.0.85%187K$1.1M−606K
10Geode Capital Management, LLC0.68%150K$864K−160K
🔒 15 more top holders. Create a free account or sign in to see them.
Biggest buyers
Biggest sellers

AARD institutional ownership FAQ

Who owns the most AARD stock?

In Q2 2026 13F filings the largest holder of AARD was Decheng Capital LLC, followed by Citadel Advisors LLC and Laurion Capital Management LP. Index fund managers are usually the biggest holders of large companies.

What percentage of AARD is owned by institutions?

Funds that file 13F reports held 43.6% of AARD's shares at Jun 30, 2026, compared with 46.6% a quarter earlier. That counts every manager with more than $100 million in US stocks.

Are hedge funds buying AARD?

In Q2 2026, 39 funds bought AARD (19 of them new positions) and 48 sold (24 sold out completely). Among well known investors, 2 added and 2 cut. Our fund sentiment for AARD is bearish.

What is AARD's institutional put/call ratio?

Funds reported $0 of AARD puts against $85K of calls, a put/call ratio of 0.00. Market makers and bank trading desks are left out, since their options are mostly hedges.

How current is this AARD ownership data?

13F filings show holdings at the end of each quarter and are due within 45 days, so positions can be up to six weeks old when they appear. We add each new filing within minutes, and the "filed so far" list shows funds that have already reported the next quarter.

For informational and educational purposes only. Not investment advice, and not a recommendation to buy or sell any security. Fund sentiment summarises what 13F filings show and is not a forecast. Holdings come from SEC Form 13F filings as reported and show positions at the end of the quarter, up to 45 days before the filing. A 13F leaves out short positions, cash, bonds and most foreign holdings. See all hedge fund holdings.