Farallon Capital Management, L.L.C. filed Amendment No. 9 to its Schedule 13D with the SEC on November 9, 2026, disclosing a beneficial ownership position of 12,017,906 shares of Exelixis, Inc. common stock as of November 6, 2026.

Key Highlights

  • Aggregate beneficial ownership: Farallon Capital Management and its associated reporting persons each report shared beneficial ownership of 12,017,906 shares of Exelixis common stock.
  • Percent of class: The 12,017,906 shares represent 4.9% of the outstanding class, according to the filing.
  • Voting and dispositive power: All reporting persons report 0 sole voting power and 0 sole dispositive power; shared voting and shared dispositive power are each listed at 12,017,906 shares.
  • Triggering event date: The filing identifies November 6, 2026 as the date of the event requiring this amendment.
  • Source of funds: All reporting persons list "AF" (funds of affiliated entities) as the source of funds.
  • Multiple reporting persons: The amendment covers Farallon Capital Management, L.L.C. and ten individual reporting persons, including Joshua J. Dapice, Philip D. Dreyfuss, Hannah E. Dunn, Varun N. Gehani, Nicolas Giauque, Avner A. Husen, David T. Kim, Michael G. Linn, Patrick (Cheng) Luo, and Thomas G. Roberts, Jr.

Farallon Capital Management Amends Schedule 13D Position in Exelixis

Farallon Capital Management, L.L.C., a Delaware-organized investment adviser, submitted Amendment No. 9 to its Schedule 13D regarding its holdings in Exelixis, Inc. (NASDAQ:EXEL), whose common stock carries a par value of $0.001 per share and CUSIP number 30161Q104. The filing was triggered by an event on November 6, 2026, and was submitted to the SEC on November 9, 2026. The document lists Farallon's principal address as One Maritime Plaza, Suite 2100, San Francisco, CA 94111.

According to the filing, Farallon Capital Management and each of the ten individual reporting persons jointly report shared beneficial ownership of 12,017,906 shares, representing 4.9% of the class. No reporting person claims any sole voting or sole dispositive power over the shares; all voting and dispositive authority is reported as shared among the group. The source of funds for all reporting persons is identified as "AF," indicating funds from affiliated entities.

The ten individual reporting persons named alongside the management company are classified as type "IN" (individual) in the filing. Farallon Capital Management itself is classified as type "IA, OO" (investment adviser and other). The filing does not disclose the specific transactions or changes that prompted this ninth amendment, as the full item-level disclosures were not included in the extracted text provided.

What Was Disclosed

Farallon Capital Management, L.L.C. and ten affiliated individuals filed Amendment No. 9 to Schedule 13D for Exelixis, Inc., reporting shared beneficial ownership of 12,017,906 common shares, equal to 4.9% of the class, with all voting and dispositive power held on a shared basis as of November 6, 2026.