Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Adlai Nortye Ltd (ANL)

41 + Investors. Track Smart Money conviction in ANL. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +15
Streak
2Q ▲
Buyers last Q
70%

Smart Money Signals — ANL

Based on 41 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added ANL than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
41 hedge funds hold ANL right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +925% more funds vs a year ago

fund count last 6Q
+37 new funds entered over the past year (+925% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟢

More buyers than sellers — 70% buying

30 buying13 selling
Last quarter: 30 funds were net buyers (21 opened a brand new position + 9 added to an existing one). Only 13 were sellers (7 trimmed + 6 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~21 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 1 → 2 → 23 → 21. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 95% entered in last year

■ 5% conviction (2yr+) ■ 0% medium ■ 95% new
Only 2 funds (5%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
💰

Value +280% but shares only +127% — price-driven

Value
+279%
Shares
+126%
Last quarter: the total dollar value of institutional holdings rose +280%, but actual share count only changed +127%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
🚀

Acceleration phase — new buyers rushing in

2 → 1 → 2 → 23 → 21 new funds/Q
New funds entering each quarter: 1 → 2 → 23 → 21. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🌱

Early stage — 95% of holders entered in last year

■ 5% veterans ■ 0% 1-2yr ■ 95% new
Of 41 current holders: 39 (95%) entered in the past year, only 2 (5%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
📋

Smaller funds dominant — 4% AUM from top-100

4% from top-100 AUM funds
6 of 41 holders rank in the top 100 by AUM, but together hold only 4% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
7.4
out of 10
High Exit Risk
Exit risk score 7.4/10 — multiple crowding signals converge. Institutional ownership is at 100% of its all-time high — near peak crowding. Crowded trades can unwind fast — a single catalyst can trigger a cascade.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — ANL

In 2026 Q2, 30 hedge funds were net buyers of ANL (21 opened a new position, 9 added to an existing one), while 13 reduced or exited (7 trimmed, 6 sold completely) — a 70% buyer ratio, indicating clear institutional accumulation. Net buying has persisted for two consecutive quarters, a positive momentum signal. Net fund flow last quarter: +15 funds (more new holders than closures). Total institutional holders: 41.

Hedge Fund Ownership: ANL

How many hedge funds hold ANL — quarterly history vs. share price
Quarterly hedge fund ownership of ANL vs. share price

Market Analysis: ANL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ANL

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

3 top-rated funds 2 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
2.1
/ 10
conviction
Hedge Fund Positioning: ANL
41 + Investors

Track Smart Money conviction in ANL. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 41 26 57.69%
13F Shares 26M 12M 126.51%
Total Value $302M $79M 279.67%
New Positions 21 23 -2
Increased Positions 9 2 +7
Closed Positions 6 1 +5
Reduced Positions 7 1 +6
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: ANL

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Financial Highlights

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Institutional Holders (2026 Q2)

41 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in ANL. Verified SEC 13F-HR filings.

QUARTER:
Top 25 ANL holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Superstring Capital Management LP 4.01% 552,501 $6.4M
2 Squadron Capital Management LLC 2.73% 764,876 $8.8M
3 Cormorant Asset Management, LP 2.34% 3,978,229 $45.7M
4 MPM BioImpact LLC 1.36% 1,936,291 $22.3M
5 Venrock Adviser, LLC 1.12% 3,212,731 $36.9M
6 Octagon Capital Advisors LP 0.97% 934,716 $10.7M
7 Casdin Capital, LLC 0.72% 1,250,000 $14.4M
8 Boone Capital Management LLC 0.70% 258,390 $3.0M
9 ADAR1 Capital Management, LLC 0.54% 1,017,805 $11.7M
10 DAFNA Capital Management LLC 0.53% 239,553 $2.8M
11 Braidwell LP 0.34% 795,214 $9.1M
12 Perceptive Advisors LLC 0.31% 1,793,190 $20.6M
13 Seven Fleet Capital Management LP 0.21% 113,207 $1.3M
14 Act Capital Management, LLC 0.20% 27,000 $310K
15 Soleus Capital Management, L.P. 0.16% 405,523 $4.7M
16 Stonepine Capital Management, LLC 0.13% 24,257 $279K
17 Eventide Asset Management, LLC 0.11% 718,747 $8.3M
18 Virtus Investment Advisers, LLC 0.08% 31,705 $365K
19 Affinity Asset Advisors, LLC 0.08% 153,847 $1.8M
20 SmartHarvest Portfolios, LLC 0.05% 14,441 $166K
21 Balyasny Asset Management L.P. 0.04% 3,061,668 $35.2M
22 DV Trading LLC 0.04% 113,207 $1.3M
23 Ikarian Capital, LLC 0.04% 33,899 $390K
24 Freestone Grove Partners LP 0.03% 397,446 $4.6M
25 Point72 Asset Management, L.P. 0.03% 2,140,664 $24.6M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Adlai Nortye Ltd (ANL)

What does the Smart Money Trend signal show for ANL?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added ANL than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for ANL?

More buyers than sellers — 70% buying: Last quarter: 30 funds were net buyers (21 opened a brand new position + 9 added to an existing one). Only 13 were sellers (7 trimmed + 6 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for ANL holders?

Smaller funds dominant — 4% AUM from top-100: 6 of 41 holders rank in the top 100 by AUM, but together hold only 4% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held ANL?

Mostly new holders — 95% entered in last year: Only 2 funds (5%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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