Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Exelixis Inc (EXEL)

694 + Investors. Track Smart Money conviction in EXEL. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +29
Streak
2Q ▲
Buyers last Q
51%

Smart Money Signals — EXEL

Based on 699 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added EXEL than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
699 hedge funds hold EXEL right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +26% more funds vs a year ago

fund count last 6Q
+144 new funds entered over the past year (+26% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 51% buying

359 buying348 selling
Last quarter: 359 funds bought or added vs 348 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-12 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 118 → 85 → 128 → 116. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

47% of holders stayed for 2+ years

■ 47% conviction (2yr+) ■ 25% medium ■ 27% new
332 out of 699 hedge funds have held EXEL for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

107 → 118 → 85 → 128 → 116 new funds/Q
New funds entering each quarter: 118 → 85 → 128 → 116. A growing number of institutions are discovering EXEL each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 54% veterans vs 35% newcomers

■ 54% veterans ■ 11% 1-2yr ■ 35% new
Entry-cohort mix of 711 holders: 385 (54%) are 2+ year veterans, 79 entered 1–2 years ago, and 247 (35%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 37% AUM from major funds

37% from top-100 AUM funds
60 of 694 holders rank in the top 100 by AUM, accounting for 37% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
4.0
out of 10
Moderate Exit Risk
Exit risk score 4.0/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — EXEL

In 2026 Q1, 359 hedge funds were net buyers of EXEL (116 opened a new position, 243 added to an existing one), while 348 reduced or exited (261 trimmed, 87 sold completely) — a 51% buyer ratio, indicating a slight buying edge. Net buying has persisted for two consecutive quarters, a positive momentum signal. 37% of total institutional value in EXEL is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +29 funds (more new holders than closures). Total institutional holders: 699.

Hedge Fund Ownership: EXEL

How many hedge funds hold EXEL — quarterly history vs. share price
Quarterly hedge fund ownership of EXEL vs. share price

Market Analysis: EXEL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: EXEL

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Exelixis Inc (EXEL) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much EXEL has moved relative to its sector benchmark (XLV) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 84d ago
EXEL
+19.7%
XLV
+2.8%

EXEL outperformed XLV by +16.9% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 39d ago
EXEL
+2.4%
XLV
+3.9%

Since the filing became public, EXEL outperformed XLV by -1.5% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

38 top-rated funds 2 high-conviction
Consensus
6.9
/ 10
breadth
×
Elite
3.4
/ 10
conviction
Hedge Fund Positioning: EXEL
694 + Investors

Track Smart Money conviction in EXEL. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 694 670 3.58%
13F Shares 258M 261M -1.08%
Total Value $10.52B $11.39B -7.64%
New Positions 113 128 -15
Increased Positions 237 231 +6
Closed Positions 89 72 +17
Reduced Positions 256 234 +22
Total Calls 9 11 -18.18%
Total Puts 8 11 -27.27%
PUT/CALL Ratio 0.89 1.0 Neutral

Statistics: EXEL

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Profit Margin --
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Income Statement & Cash Flow
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Total Cash (mrq) --
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Institutional Holders (2026 Q1)

694 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in EXEL. Verified SEC 13F-HR filings.

QUARTER:
Top 25 EXEL holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 13D Management LLC 6.74% 101,335 $4.3M
2 Caligan Partners LP 4.43% 1,553,262 $66.6M
3 Farallon Capital Management LLC 3.21% 13,111,010 $562.3M
4 Capital Impact Advisors, LLC 2.97% 171,479 $7.4M
5 South Street Advisors LLC 2.51% 403,938 $17.3M
6 Post Resch Tallon Group Inc. 1.99% 56,797 $2.5M
7 Sawgrass Asset Management LLC 1.88% 291,830 $12.5M
8 Globeflex Capital L P 1.69% 260,706 $11.2M
9 Stephens Investment Management Group LLC 1.48% 2,524,500 $108.3M
10 Exit Wealth Advisors, LLC. 1.38% 62,777 $2.7M
11 Teton Advisors, LLC 1.37% 45,500 $2.0M
12 Fuller & Thaler Asset Management, INC. 1.23% 8,542,236 $366.4M
13 Capital Management Corp /Va 1.21% 165,090 $7.1M
14 Sargent Investment Group, LLC 1.01% 179,025 $7.7M
15 Three Seasons Wealth, LLC 0.97% 59,519 $2.6M
16 Davidson Capital Management Inc. 0.97% 124,798 $5.4M
17 Norden Group LLC 0.97% 234,208 $10.0M
18 Renaissance Technologies LLC 0.92% 13,726,993 $588.8M
19 Monument Capital Management 0.89% 82,857 $3.6M
20 Riverwater Partners LLC 0.89% 62,070 $2.7M
21 Thrive Capital Management, LLC 0.83% 88,741 $3.8M
22 Westover Capital Advisors, LLC 0.70% 89,009 $3.8M
23 Peak Retirement Planning, Inc. 0.70% 82,120 $3.5M
24 Milestone Asset Management, LLC 0.70% 88,303 $3.8M
25 Systematic Financial Management LP 0.70% 709,127 $30.4M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Exelixis Inc (EXEL)

What does the Smart Money Trend signal show for EXEL?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added EXEL than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for EXEL?

Slight buying edge — 51% buying: Last quarter: 359 funds bought or added vs 348 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for EXEL holders?

Strong quality — 37% AUM from major funds: 60 of 694 holders rank in the top 100 by AUM, accounting for 37% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held EXEL?

47% of holders stayed for 2+ years: 332 out of 699 hedge funds have held EXEL for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Exelixis Inc (EXEL) following the 2026 Q1 hedge fund 13F filings?

As of today, EXEL has moved +2.4% since the 2026 Q1 13F filing date (May 15, 2026), compared to +3.9% for the XLV sector ETF — an outperformance of -1.5%. Since the quarter end (March 31, 2026), EXEL has gained +19.7% vs +2.8% for XLV. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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