RTW Investments XGN Position
ActiveRTW Investments trimmed their position in EXAGEN INC. (XGN) in Q4 2025, holding $4.8M worth of shares across 790,462 shares.
The position was first reported in Q1 2023 and has been tracked across 12 quarterly 13F filings.
1 other tracked fund also holds XGN.
About EXAGEN INC.
Exagen Inc. develops and commercializes various testing products based on its cell-bound complement activation products technology under the AVISE brand in the United States. It enables rheumatologists to care for patients through the diagnosis, prognosis, and monitoring of autoimmune and autoimmune-related diseases, including systemic lupus erythematosus (SLE) and rheumatoid arthritis (RA). Its lead testing product is AVISE CTD that enables differential diagnosis for patients presenting with symptoms indicative of various connective tissue diseases (CTDs) and other related diseases with overlapping symptoms. The company offers AVISE Lupus that measures activation of the complement system by quantifying the level of B-cell C4d and erythrocyte bound C4d in the patient's blood; and AVISE APS, which consists of a panel of autoantibody tests that aids in the diagnosis and management of APS. In addition, it provides AVISE SLE Prognostic, a panel of autoantibodies for assessing the potential for complications affecting the kidney, brain, and cardiovascular system; AVISE Vasculitis AAV, which utilizes a testing panel of individual analytes to provide physicians with results in the assessment and monitoring of anti-neutrophil cytoplasmic antibody and associated vasculitis; AVISE Anti-CarP test, which identifies RA patients with severe disease; and AVISE PC4d to measure platelet- bound C4d. Further, the company offers AVISE SLE Monitor, a biomarker blood test; AVISE MTX, a patented and validated blood test; and AVISE HCQ, a blood test to monitor levels of hydroxychloroquine. It has a research collaboration and license agreement with Allegheny Health Network (AHN) Research Institute to develop novel patented biomarkers. The company was formerly known as Exagen Diagnostics, Inc. and changed its name to Exagen Inc. in January 2019. Exagen Inc. was incorporated in 2002 and is headquartered in Vista, California.
Full company profile →Short Interest
5.7%
3.4 days to cover
RTW Investments XGN Position History
| Quarter | Action | Shares | Change | Value |
|---|---|---|---|---|
| Q4 2025 | Decreased | 790,462 | -906,404 | $4.8M |
| Q3 2025 | Held | 1,696,866 | — | $18.6M |
| Q2 2025 | Increased | 1,696,866 | +185,000 | $11.8M |
| Q1 2025 | Held | 1,511,866 | — | $5.4M |
| Q4 2024 | Held | 1,511,866 | — | $6.2M |
| Q3 2024 | Held | 1,511,866 | — | $4.7M |
| Q2 2024 | Increased | 1,511,866 | +7,264 | $2.8M |
| Q1 2024 | Held | 1,504,602 | — | $2.4M |
| Q4 2023 | Increased | 1,504,602 | +12,170 | $3.0M |
| Q3 2023 | Held | 1,492,432 | — | $3.6M |
| Q2 2023 | Increased | 1,492,432 | +101,248 | $4.3M |
| Q1 2023 | New | 1,391,184 | +1,391,184 | $3.4M |
Frequently Asked Questions
Does RTW Investments own XGN?
Yes. As of Q4 2025, RTW Investments holds 790,462 shares of EXAGEN INC. (XGN) valued at $4.8M. This data comes from their SEC 13F filing.
How many hedge funds own XGN?
2 specialist biotech hedge funds currently hold XGN, including Driehaus Capital. When 3 or more specialist funds hold the same stock, BiotechEdge flags it as a convergence signal.
When did RTW Investments first buy XGN?
RTW Investments's position in XGN was first reported in Q1 2023. 13F filings are reported with a 45-day delay, so the actual purchase may have occurred earlier in the quarter.
Is RTW Investments's XGN position increasing or decreasing?
RTW Investments trimmed their XGN position in the most recent quarter, reducing by 906,404 shares.
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