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Aardvark Therapeutics, Inc.

AARD
Exchange
Nasdaq
Industry
Pharmaceutical Preparations
SEC CIK
0001774857

In the last 90 days, Aardvark Therapeutics, Inc. insiders filed 0 open-market purchases and 1 sale; 71 institutions reported holding it in 13F filings for Q2 2026, worth $54.3M in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in Aardvark Therapeutics, Inc. as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
66
+17 vs. Q3 2025
Shares held
10.7M
+1.29M (+13.6%) vs. Q3 2025
Total value
$141.0M
+$15.3M (+12.1%) vs. Q3 2025
New holders
23
27 more added
Sold out
6
9 more reduced

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting AARD on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 66 institutions
Q1 2021: 0 institutionsQ2 2021: 0 institutionsQ3 2021: 0 institutionsQ4 2021: 0 institutionsQ1 2022: 0 institutionsQ2 2022: 0 institutionsQ3 2022: 0 institutionsQ4 2022: 0 institutionsQ1 2023: 0 institutionsQ2 2023: 0 institutionsQ3 2023: 0 institutionsQ4 2023: 0 institutionsQ1 2024: 0 institutionsQ2 2024: 0 institutionsQ3 2024: 0 institutionsQ4 2024: 0 institutionsQ1 2025: 27 institutionsQ2 2025: 35 institutionsQ3 2025: 49 institutionsQ4 2025: 66 institutionsQ1 2026: 79 institutionsQ2 2026: 71 institutions
Value heldQ4 2025: $141.0M
Q1 2021: $0Q2 2021: $0Q3 2021: $0Q4 2021: $0Q1 2022: $0Q2 2022: $0Q3 2022: $0Q4 2022: $0Q1 2023: $0Q2 2023: $0Q3 2023: $0Q4 2023: $0Q1 2024: $0Q2 2024: $0Q3 2024: $0Q4 2024: $0Q1 2025: $65.1MQ2 2025: $120.5MQ3 2025: $125.7MQ4 2025: $141.0MQ1 2026: $38.5MQ2 2026: $54.3M
Institutions holding AARD and their total value by quarter
QuarterHoldersValue
Q2 202671$54.3M
Q1 202679$38.5M
Q4 202566$141.0M
Q3 202549$125.7M
Q2 202535$120.5M
Q1 202527$65.1M
Q4 20240$0
Q3 20240$0
Q2 20240$0
Q1 20240$0
Q4 20230$0
Q3 20230$0
Q2 20230$0
Q1 20230$0
Q4 20220$0
Q3 20220$0
Q2 20220$0
Q1 20220$0
Q4 20210$0
Q3 20210$0
Q2 20210$0
Q1 20210$0

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Aardvark Therapeutics, Inc.; share changes are against Q3 2025.

Institutions holding AARD in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Decheng Capital LLC3,917,299$51.4M6.92%00.0%Unchanged
Citadel Advisors LLC1,289,263$16.9M0.01%−70,620−5.2%Reduced
Laurion Capital Management LP1,014,911$13.3M0.91%−34,810−3.3%Reduced
BlackRock, Inc.784,430$10.3M0.00%+474,965+153.5%Added
Vanguard Group Inc717,430$9.42M0.00%+161,709+29.1%Added
Millennium Management LLC483,340$6.34M0.00%+163,717+51.2%Added
SymBiosis Capital Partners, LLC476,595$6.26M5.71%+476,595New
Silverarc Capital Management, LLC303,939$3.99M0.58%−2,973−1.0%Reduced
Geode Capital Management, LLC297,865$3.91M0.00%+103,830+53.5%Added
State Street Corp158,240$2.08M0.00%+65,235+70.1%Added
Two Sigma Investments, LP128,786$1.69M0.00%+65,217+102.6%Added
Centiva Capital, LP97,520$1.28M0.08%+97,520New
Cantor Fitzgerald, L. P.91,682$1.20M0.04%−5,000−5.2%Reduced
Northern Trust Corp89,298$1.17M0.00%+32,101+56.1%Added
Morgan Stanley77,954$1.02M0.00%+9,492+13.9%Added
Superstring Capital Management LP69,496$912.1K0.49%+69,496New
Goldman Sachs Group Inc53,349$700.2K0.00%+34,422+181.9%Added
Schonfeld Strategic Advisors LLC50,131$658.0K0.00%−203,621−80.2%Reduced
Propel Bio Management, LLC46,408$609.1K0.52%+46,408New
Nuveen, LLC41,022$538.4K0.00%+41,022New
Point72 Asset Management, L.P.36,922$484.6K0.00%+36,922New
Gsa Capital Partners LLP35,924$472.0K0.04%+35,924New
Jump Financial, LLC34,575$453.8K0.01%+34,575New
Charles Schwab Investment Management Inc31,533$413.9K0.00%+17,293+121.4%Added
HRT Financial LP31,066$407.0K0.00%+31,066New
Bank of America Corp30,660$402.4K0.00%+6,730+28.1%Added
Bridgeway Capital Management, LLC27,000$354.4K0.01%+5,000+22.7%Added
UBS Group AG26,838$352.2K0.00%−27,890−51.0%Reduced
Two Sigma Advisers, LP26,200$343.9K0.00%+500+1.9%Added
XTX Topco Ltd25,548$335.3K0.01%+25,548New
Bank of New York Mellon Corp22,415$294.2K0.00%+6,892+44.4%Added
Barclays PLC20,516$269.3K0.00%−19,410−48.6%Reduced
Diametric Capital, LP19,309$253.4K0.07%+19,309New
Alps Advisors Inc17,877$234.6K0.00%+17,877New
Trexquant Investment LP16,844$221.1K0.00%+16,844New
Los Angeles Capital Management LLC20,837$218.0K0.00%+20,837New
Walleye Capital LLC16,048$210.6K0.00%+16,048New
Diadema Partners LP15,882$208.5K0.12%+15,882New
BNP Paribas Arbitrage, SA15,856$208.1K0.00%−40,690−72.0%Reduced
Wells Fargo & Company14,080$184.8K0.00%+10,163+259.5%Added
Balyasny Asset Management LLC13,817$181.3K0.00%+13,817New
MetLife Investment Management7,750$101.7K0.00%+7,750New
Rhumbline Advisers7,554$99.1K0.00%+1,849+32.4%Added
JPMorgan Chase & Co6,883$90.3K0.00%+4,567+197.2%Added
Deutsche Bank AG6,386$83.8K0.00%+661+11.5%Added
Mirae Asset Global ETFs Holdings Ltd.5,929$77.8K0.00%+3,344+129.4%Added
Persistent Asset Partners Ltd4,231$55.5K0.03%+4,231New
New York State Common Retirement Fund3,823$50.2K0.00%00.0%Unchanged
China Universal Asset Management Co., Ltd.3,548$46.6K0.00%+3,548New
Police & Firemen's Retirement System of New Jersey2,120$27.8K0.00%00.0%Unchanged
Legal & General Group Plc1,288$16.9K0.00%+701+119.4%Added
FMR LLC1,256$16.5K0.00%+893+246.0%Added
Mirae Asset Global Investments Co., Ltd.1,058$13.9K0.00%+1,058New
Stone House Investment Management, LLC1,000$13.1K0.00%00.0%Unchanged
Citigroup Inc896$11.8K0.00%+729+436.5%Added
Tower Research Capital LLC (TRC)811$10.6K0.00%−374−31.6%Reduced
California State Teachers Retirement System784$10.3K0.00%+429+120.8%Added
Royal Bank of Canada599$9.00K0.00%+294+96.4%Added
Ameritas Investment Partners, Inc.578$7.59K0.00%00.0%Unchanged
Larson Financial Group LLC506$6.64K0.00%+506New
Russell Investments Group, Ltd.469$6.16K0.00%00.0%Unchanged
GF Fund Management Co. Ltd.427$5.60K0.00%+427New
Amalgamated Bank400$5.00K0.00%+207+107.3%Added
Sterling Capital Management LLC345$4.53K0.00%+163+89.6%Added
EverSource Wealth Advisors, LLC60$7880.00%00.0%Unchanged
CWM, LLC17$00.00%+2+13.3%Added
Adage Capital Partners GP, L.L.C.0$00.00%−350,000−100.0%Sold out
Cresset Asset Management, LLC0$00.00%−141,783−100.0%Sold out
Jane Street Group, LLC0$00.00%−19,447−100.0%Sold out
STRS Ohio0$00.00%−1,100−100.0%Sold out
The PNC Financial Services Group, Inc.0$00.00%−140−100.0%Sold out
SRS Capital Advisors, Inc.0$00.00%−21−100.0%Sold out