Driehaus Capital EXEL Position
Active4-Fund ConvergenceDriehaus Capital increased their position in Exelixis Inc. (EXEL) in Q4 2025, holding $14.8M worth of shares across 337,339 shares.
The position was first reported in Q4 2024 and has been tracked across 5 quarterly 13F filings.
EXEL is a convergence signal: 4 specialist biotech funds hold this stock, suggesting high institutional conviction.
There is an upcoming Phase 3 readout for XL092 in 45 days (May 31, 2026), making the timing of Driehaus's position particularly relevant.
Short interest stands at 14.2% of float with 8.8 days to cover, indicating significant bearish positioning against Driehaus's long thesis.
About Exelixis Inc.
Exelixis, Inc., an oncology-focused biotechnology company, focuses on the discovery, development, and commercialization of new medicines to treat cancers in the United States. The company's products include CABOMETYX tablets for the treatment of patients with advanced renal cell carcinoma who received prior anti-angiogenic therapy; and COMETRIQ capsules for the treatment of patients with progressive and metastatic medullary thyroid cancer. Its CABOMETYX and COMETRIQ are derived from cabozantinib, an inhibitor of multiple tyrosine kinases, including MET, AXL, RET, and VEGF receptors. The company also offers COTELLIC, an inhibitor of MEK as a combination regimen to treat advanced melanoma; and MINNEBRO, an oral non-steroidal selective blocker of the mineralocorticoid receptor for the treatment of hypertension in Japan. In addition, it is developing XL092, an oral tyrosine kinase inhibitor that targets VEGF receptors, MET, AXL, MER, and other kinases implicated in growth and spread of cancer; XB002, an antibody-drug conjugate composed of human mAb against tissue factor (TF) for the treatment of advanced solid tumors; XL102, an orally bioavailable cyclin-dependent kinase 7 (CDK7) inhibitor for the treatment of advanced or metastatic solid tumors; and XB002 for the treatment of non-hodgkin's lymphoma. Exelixis, Inc. has research collaborations and license agreements with Ipsen Pharma SAS; Takeda Pharmaceutical Company Ltd.; F. Hoffmann-La Roche Ltd.; Redwood Bioscience, Inc.; R.P. Scherer Technologies, LLC; Catalent Pharma Solutions, Inc.; NBE Therapeutics AG; Aurigene Discovery Technologies Limited; Iconic Therapeutics, Inc.; Invenra, Inc.; StemSynergy Therapeutics, Inc.; Genentech, Inc.; Bristol-Myers Squibb Company; and Daiichi Sankyo Company, Limited. The company was formerly known as Exelixis Pharmaceuticals, Inc. and changed its name to Exelixis, Inc. in February 2000. Exelixis, Inc. was incorporated in 1994 and is headquartered in Alameda, California.
Full company profile →Short Interest
14.2%
8.8 days to cover
Driehaus Capital EXEL Position History
Frequently Asked Questions
Does Driehaus Capital own EXEL?
Yes. As of Q4 2025, Driehaus Capital holds 337,339 shares of Exelixis Inc. (EXEL) valued at $14.8M. This data comes from their SEC 13F filing.
How many hedge funds own EXEL?
4 specialist biotech hedge funds currently hold EXEL, including Deep Track Capital, Boxer Capital, Deerfield Management. When 3 or more specialist funds hold the same stock, BiotechEdge flags it as a convergence signal.
When did Driehaus Capital first buy EXEL?
Driehaus Capital's position in EXEL was first reported in Q4 2024. 13F filings are reported with a 45-day delay, so the actual purchase may have occurred earlier in the quarter.
Is Driehaus Capital's EXEL position increasing or decreasing?
Driehaus Capital increased their EXEL position in the most recent quarter, adding 20,258 shares.
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