Avoro Capital Advisors MNMD Position
Active7-Fund ConvergenceAvoro Capital Advisors initiated a new position in Mind Medicine Inc. (MNMD) in Q4 2025, holding $67.0M worth of shares across 5,000,000 shares.
MNMD is a convergence signal: 7 specialist biotech funds hold this stock, suggesting high institutional conviction.
About Mind Medicine Inc.
Mind Medicine (MindMed) Inc., a clinical stage biopharmaceutical company, develops novel products to treat brain health disorders related to psychiatry, addiction, pain, and neurology. The company develops MM-120, which is in phase 2 for the treatment of generalized anxiety disorder and attention deficit hyperactivity disorder, as well as for the treatment of chronic pain; and MM-110, an a3ß4 nicotinic cholinergic receptor antagonist that has completed phase 1 for the treatment of opioid withdrawal. It also develops MM-402, a R-enantiomer of 3,4-methylenedioxymethamphetamine for the treatment of core symptoms of autism spectrum disorder. The company is headquartered in Vancouver, Canada.
Full company profile →Frequently Asked Questions
Does Avoro Capital Advisors own MNMD?
Yes. As of Q4 2025, Avoro Capital Advisors holds 5,000,000 shares of Mind Medicine Inc. (MNMD) valued at $67.0M. This data comes from their SEC 13F filing.
How many hedge funds own MNMD?
7 specialist biotech hedge funds currently hold MNMD, including Driehaus Capital, Deep Track Capital, Commodore Capital and 3 more. When 3 or more specialist funds hold the same stock, BiotechEdge flags it as a convergence signal.
When did Avoro Capital Advisors first buy MNMD?
Avoro Capital Advisors's position in MNMD was first reported in Q4 2025. 13F filings are reported with a 45-day delay, so the actual purchase may have occurred earlier in the quarter.
Is Avoro Capital Advisors's MNMD position increasing or decreasing?
Avoro Capital Advisors initiated a new position in MNMD in the most recent quarter. This is their first reported holding.
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