Exelixis

EXEL • NASDAQ

Exelixis is a biotechnology company in the healthcare sector on NASDAQ, led by Michael Morrissey, with a market cap of $11.0B. As of Q3 2025, 93% of shares are held by 607 institutional investors, with BlackRock, Inc. as the largest holder at 10.91%.

Chief Executive OfficerMichael Morrissey

Market Cap$11.0B

Biotechnology

Healthcare

Employees1.3K

Websiteexelixis.com

Country

United States of America

Overview

Overview of institutional ownership in EXEL as of Q3 2025 with a market cap of $11.1B

All Institutions

Institutions: 607
Value Held: $10.3B
Shares Held: 249.8M
Avg Position: $17.0M
Median Position: $838.5K

Hedge Funds

Hedge Funds: 47
Value Held: $2.4B
Shares Held: 58.1M
Avg Position: $51.1M
Median Position: $2.0M

Ownership Breakdown

Institutional (non-HF)

71.19%

$7.9B

Hedge Funds

21.59%

$2.4B

Retail & Other

7.22%

$802.4M

Based on market cap of $11.1B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in EXEL as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$1.2B 0.02% of portfolio	10.91% 29.4M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$1.1B 0.02% of portfolio	9.68% 26.1M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
FARALLON CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	Edric Calvin Saito Managing Partner	$805.4M 4.55% of portfolio	7.24% 19.5M shares	Q3 2018 Held for 7y 2m	$17.7B
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	Peter Fitzhugh Brown CEO	$638.5M 0.84% of portfolio	5.74% 15.5M shares	Q4 2015 Held for 9y 11m	$75.8B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$459.0M 0.02% of portfolio	4.13% 11.1M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	David Gary Kabiller Founder	$379.2M 0.24% of portfolio	3.41% 9.2M shares	Q3 2015 Held for 10y 2m	$156.17B
FULLER & THALER ASSET MANAGEMENT, INC. Long Only Manager	Raife Brandon Giovinazzo Managing Partner	$343.6M 1.17% of portfolio	3.09% 8.3M shares	Q3 2019 Held for 6y 2m	$29.4B
L LSV ASSET MANAGEMENT Long Only Manager	Josef Nmn Lakonishok CEO	$320.8M 0.71% of portfolio	2.89% 7.8M shares	Q1 2022 Held for 3y 8m	$45.1B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$316.8M 0.02% of portfolio	2.85% 7.7M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
Invesco Ltd. ETF Provider	Brian Christopher Hartigan CEO	$246.2M 0.04% of portfolio	2.21% 6.0M shares	≤ Q2 2013 Held for 12y 5m+	$633.08B

Net Capital Flow

Institutional buying and selling activity for EXEL in Q3 2025

Traded: −$49.0M
Buyers: 306
Sellers: 315
Total Bought: +$943.7M
Total Sold: −$992.7M
Avg Position: $14.9M

Biggest Buyers

Institution	Net Bought	Current Position
FARALLON CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$143.1M +3.5M shares	$805.4M 19.5M shares
GENWORTH FINANCIAL WEALTH MANAGEMENT, INC Long Only Manager	+$122.1M +3.0M shares	$132.0M 3.2M shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$65.1M +1.6M shares	$379.2M 9.2M shares
A Allianz Asset Management AG Institution	+$61.6M +1.5M shares	$101.7M 2.5M shares
UBS Group AG Institution	+$54.8M +1.3M shares	$109.7M 2.7M shares
JUPITER ASSET MANAGEMENT LTD Long Only Manager	+$43.4M +1.1M shares	$87.2M 2.1M shares
Bridgewater Associates, LP Hedge Fund•Global Macro	+$34.0M +822.1K shares	$34.8M 843.0K shares
CAISSE DE DEPOT ET PLACEMENT DU QUEBEC Fund of Funds	+$24.6M +595.3K shares	$112.5M 2.7M shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$21.3M +514.6K shares	$26.4M 640.3K shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$20.4M +492.9K shares	$44.4M 1.1M shares

Biggest Sellers

Institution	Net Sold	Current Position
VANGUARD GROUP INC Institution	−$58.0M −1.4M shares	$1.1B 26.1M shares
Q Qube Research & Technologies Ltd Institution	−$57.6M −1.4M shares	$68.3M 1.7M shares
GOLDMAN SACHS GROUP INC Institution	−$53.1M −1.3M shares	$41.4M 1.0M shares
R ROYAL BANK OF CANADA Institution	−$45.0M −1.1M shares	$31.9M 771.9K shares
PRUDENTIAL FINANCIAL INC Institution	−$43.1M −1.0M shares	$17.6M 425.9K shares
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	−$40.7M −986.3K shares	$92.9M 2.2M shares
FMR LLC Institution	−$37.8M −914.9K shares	$73.7M 1.8M shares
B BlackRock, Inc. Institution	−$28.6M −692.1K shares	$1.2B 29.4M shares
GLOBEFLEX CAPITAL L P Long Only Manager	−$27.8M −673.8K shares	$10.8M 260.7K shares
P Pacer Advisors, Inc. Institution	−$25.8M −623.8K shares	$53.9M 1.3M shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited EXEL in Q3 2025

New Positions: 53
New Value: $37.7M
Exited Positions: 84
Exited Value: $141.3M

New Positions

Institution	Position Value
N NORDEN GROUP LLC Institution	$7.2M 175.2K shares
L2 Asset Management, LLC Hedge Fund•Long/Short	$3.4M 81.5K shares
Thrive Capital Management, LLC RIA/Wealth	$2.5M 61.7K shares
E Exit Wealth Advisors, LLC. RIA/Wealth	$2.3M 56.7K shares
P Peak Retirement Planning, Inc. RIA/Wealth	$2.3M 56.5K shares
T TriaGen Wealth Management LLC RIA/Wealth	$2.0M 49.0K shares
Archford Capital Strategies, LLC RIA/Wealth	$1.2M 29.9K shares
T Three Seasons Wealth, LLC RIA/Wealth	$1.2M 28.3K shares
W WESBANCO BANK INC Institution	$1.2M 28.0K shares
WINNOW WEALTH LLC RIA/Wealth	$1.0M 24.2K shares

Exited Positions

Institution	Previous Position
T TEXAS PERMANENT SCHOOL FUND Institution	$19.3M 438.5K shares
A AXA Institution	$17.2M 389.6K shares
O ONTARIO TEACHERS PENSION PLAN BOARD Institution	$9.1M 207.5K shares
Magnetar Financial LLC Hedge Fund•Multi-Strategy	$9.0M 205.2K shares
Marshall Wace LLP Institution	$7.0M 157.7K shares
TrimTabs Asset Management, LLC Long Only Manager	$6.3M 142.8K shares
L Laurel Wealth Advisors LLC RIA/Wealth	$5.8M 132.2K shares
SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC Hedge Fund•Distressed	$5.3M 120.1K shares
F Fieldview Capital Management, LLC Hedge Fund•Long/Short	$5.2M 119.1K shares
Aquatic Capital Management LLC Hedge Fund•Quant	$4.7M 107.0K shares

Options Activity

Institutions with the largest Call and Put options positions in EXEL as of Q3 2025

Call Positions: 16
Call Value: $62.4M
Put Positions: 14
Put Value: $69.8M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$27.3M 6.6K contracts
J JANE STREET GROUP, LLC Institution	$8.6M 2.1K contracts
Caption Management, LLC Hedge Fund•Long/Short	$8.1M 2.0K contracts
Affinity Asset Advisors, LLC Hedge Fund•Long/Short	$6.2M 1.5K contracts
W WOLVERINE TRADING, LLC Institution	$3.8M 937.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$3.5M 836.0 contracts
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$2.0M 475.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$1.2M 280.0 contracts
Walleye Trading LLC RIA/Wealth	$850.8K 206.0 contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$392.4K 95.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$24.1M 5.8K contracts
Affinity Asset Advisors, LLC Hedge Fund•Long/Short	$14.5M 3.5K contracts
Caption Management, LLC Hedge Fund•Long/Short	$12.2M 3.0K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$6.3M 1.5K contracts
J JANE STREET GROUP, LLC Institution	$4.0M 957.0 contracts
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$2.5M 609.0 contracts
W WOLVERINE TRADING, LLC Institution	$2.4M 586.0 contracts
Walleye Trading LLC RIA/Wealth	$1.3M 314.0 contracts
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$1.2M 290.0 contracts
CAPITAL FUND MANAGEMENT S.A. Hedge Fund•Quant Macro	$809.5K 196.0 contracts

Most Committed Institutions

Institutions with EXEL as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
K Krensavage Asset Management, LLC Hedge Fund•Long/Short	Michael Paul Krensavage CEO	10.72% $21.4M	0.19% 518.5K shares	Q3 2021 Held for 4y 2m	$199.9M
C Caligan Partners LP Hedge Fund•Activist	Tiffany Crowley CFO	8.74% $63.0M	0.57% 1.5M shares	Q1 2023 Held for 2y 8m	$720.7M
13D Management LLC Hedge Fund•Long/Short	Kenneth Bradley Squire CIO	4.76% $5.0M	0.04% 120.3K shares	Q2 2023 Held for 2y 5m	$104.3M
FARALLON CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	Edric Calvin Saito Managing Partner	4.55% $805.4M	7.24% 19.5M shares	Q3 2018 Held for 7y 2m	$17.7B
Post Resch Tallon Group Inc. RIA/Wealth	Mitchell Alan Davidson Managing Partner	2.64% $3.0M	0.03% 71.9K shares	Q4 2024 Held for 11 months	$112.5M
South Street Advisors LLC RIA/Wealth	Thomas Carhart Managing Partner	2.31% $17.6M	0.16% 426.2K shares	Q2 2025 Held for 5 months	$763.0M
Capital Impact Advisors, LLC ETF Provider	Christian Albrecht Wulf Von Schimmelmann Managing Partner	1.87% $8.4M	0.08% 202.3K shares	Q1 2025 Held for 8 months	$447.1M
GLOBEFLEX CAPITAL L P Long Only Manager	Marina Loretta Marrelli CEO	1.67% $10.8M	0.10% 260.7K shares	Q4 2017 Held for 7y 11m	$644.8M
E Exit Wealth Advisors, LLC. RIA/Wealth	Justin Farmer CEO	1.56% $2.3M	0.02% 56.7K shares	Q3 2025 Held for 2 months	$149.9M
PARAGON CAPITAL MANAGEMENT INC RIA/Wealth	Brian Goodstadt Managing Partner	1.36% $1.8M	0.02% 44.0K shares	Q4 2024 Held for 11 months	$133.7M

Hedge Fund Spotlight

Discover hedge funds investing in EXEL

Polymer Capital Management LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerEric Jay Kemnitz

Portfolio Value: $755.2M
Positions: 704
Last Reported: Q3 2025

Sector Allocation

Position in Exelixis

Market Value: $329.8K
Shares Held: 8.0K
Portfolio Weight: 0.04%
Owned Since: 2025-Q1

Top Holding	Sector	Market Value	Weight
1 Lumentum Holdings Inc. LITE	Communication Equipment Technology	$19.6M	2.59%
2 Nvidia NVDA	Semiconductors Technology	$18.8M	2.49%
3 Tesla, Inc. TSLA	Auto - Manufacturers Consumer Cyclical	$17.6M	2.33%