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Denali Therapeutics Inc.

DNLI
Exchange
Nasdaq
Industry
Biological Products, (No Diagnostic Substances)
SEC CIK
0001714899

In the last 90 days, Denali Therapeutics Inc. insiders filed 0 open-market purchases and 4 sales; 294 institutions reported holding it in 13F filings for Q2 2026, worth $4.00B in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in Denali Therapeutics Inc. as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
250
+17 vs. Q3 2025
Shares held
151.1M
+16.2M (+12.0%) vs. Q3 2025
Total value
$2.50B
+$536.1M (+27.4%) vs. Q3 2025
New holders
51
86 more added
Sold out
34
71 more reduced

7 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting DNLI on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 250 institutions
Q1 2021: 218 institutionsQ2 2021: 210 institutionsQ3 2021: 214 institutionsQ4 2021: 213 institutionsQ1 2022: 190 institutionsQ2 2022: 188 institutionsQ3 2022: 200 institutionsQ4 2022: 199 institutionsQ1 2023: 202 institutionsQ2 2023: 203 institutionsQ3 2023: 195 institutionsQ4 2023: 209 institutionsQ1 2024: 211 institutionsQ2 2024: 203 institutionsQ3 2024: 217 institutionsQ4 2024: 224 institutionsQ1 2025: 222 institutionsQ2 2025: 231 institutionsQ3 2025: 240 institutionsQ4 2025: 250 institutionsQ1 2026: 269 institutionsQ2 2026: 294 institutions
Value heldQ4 2025: $2.50B
Q1 2021: $4.60BQ2 2021: $6.32BQ3 2021: $4.28BQ4 2021: $3.80BQ1 2022: $2.79BQ2 2022: $2.73BQ3 2022: $2.84BQ4 2022: $2.94BQ1 2023: $2.49BQ2 2023: $3.18BQ3 2023: $2.24BQ4 2023: $2.47BQ1 2024: $2.51BQ2 2024: $2.88BQ3 2024: $3.69BQ4 2024: $2.61BQ1 2025: $1.85BQ2 2025: $1.93BQ3 2025: $1.97BQ4 2025: $2.50BQ1 2026: $2.82BQ2 2026: $4.00B
Institutions holding DNLI and their total value by quarter
QuarterHoldersValue
Q2 2026294$4.00B
Q1 2026269$2.82B
Q4 2025250$2.50B
Q3 2025240$1.97B
Q2 2025231$1.93B
Q1 2025222$1.85B
Q4 2024224$2.61B
Q3 2024217$3.69B
Q2 2024203$2.88B
Q1 2024211$2.51B
Q4 2023209$2.47B
Q3 2023195$2.24B
Q2 2023203$3.18B
Q1 2023202$2.49B
Q4 2022199$2.94B
Q3 2022200$2.84B
Q2 2022188$2.73B
Q1 2022190$2.79B
Q4 2021213$3.80B
Q3 2021214$4.28B
Q2 2021210$6.32B
Q1 2021218$4.60B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Denali Therapeutics Inc.; share changes are against Q3 2025.

Institutions holding DNLI in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc13,057,890$215.6M0.00%+1,064,972+8.9%Added
BlackRock, Inc.12,715,201$209.9M0.00%+425,575+3.5%Added
Baillie Gifford & Co12,310,889$203.3M0.17%+719,304+6.2%Added
T. Rowe Price Investment Management, Inc.7,254,132$119.8M0.08%+1,615,565+28.7%Added
Temasek Holdings (Private) Ltd7,012,974$115.8M0.37%+1,657,142+30.9%Added
State Street Corp6,263,371$103.4M0.00%+799,110+14.6%Added
FMR LLC6,097,211$100.7M0.01%−243,105−3.8%Reduced
Norges Bank5,119,622$84.5M0.01%+5,119,622New
UBS Asset Management Americas Inc4,983,726$82.3M0.02%−481,311−8.8%Reduced
Price T Rowe Associates Inc3,915,951$64.7M0.01%−652,417−14.3%Reduced
Goldman Sachs Group Inc3,835,803$63.3M0.01%+1,672,098+77.3%Added
Baker Bros. Advisors LP3,731,695$61.6M0.36%00.0%Unchanged
Capital Research Global Investors3,729,244$61.6M0.01%−1,031,614−21.7%Reduced
Alliancebernstein L.P.3,557,935$58.7M0.02%+37,521+1.1%Added
Geode Capital Management, LLC3,458,131$57.1M0.00%−7,926−0.2%Reduced
Holocene Advisors, LP3,152,734$52.1M0.11%+17,022+0.5%Added
Crestline Management, LP2,810,732$46.4M87.02%−600,000−17.6%Reduced
Fisher Asset Management, LLC2,589,403$42.8M0.01%+957,907+58.7%Added
UBS Group AG2,404,704$39.7M0.01%+392,351+19.5%Added
Dimensional Fund Advisors LP2,374,303$39.2M0.01%+17,089+0.7%Added
Standard Life Aberdeen plc2,032,967$33.6M0.05%+919,381+82.6%Added
Casdin Capital, LLC1,840,000$30.4M1.89%+950,000+106.7%Added
Lynx1 Capital Management LP1,738,750$28.7M5.81%+1,477,063+564.4%Added
Point72 Asset Management, L.P.1,700,000$28.1M0.04%−819,535−32.5%Reduced
Principal Financial Group Inc1,524,123$25.2M0.01%+252,933+19.9%Added
Siren, L.L.C.1,396,513$23.1M0.69%+575,000+70.0%Added
Pictet Asset Management Holding SA1,329,108$22.0M0.02%+829,946+166.3%Added
Morgan Stanley1,219,854$20.1M0.00%−469,638−27.8%Reduced
Charles Schwab Investment Management Inc1,200,475$19.8M0.00%+49,091+4.3%Added
Northern Trust Corp1,199,744$19.8M0.00%−34,435−2.8%Reduced
Candriam Luxembourg S.C.A.1,166,379$19.3M0.10%+332,797+39.9%Added
ExodusPoint Capital Management, LP1,023,253$16.9M0.19%+1,023,253New
Foresite Capital Management VI LLC1,000,000$16.5M4.99%00.0%Unchanged
Masters Capital Management LLC1,000,000$16.5M2.28%+250,000+33.3%Added
Bank of America Corp932,144$15.4M0.00%−28,994−3.0%Reduced
Alyeska Investment Group, L.P.859,108$14.2M0.04%+859,108New
Citadel Advisors LLC779,148$12.9M0.01%+90,924+13.2%Added
Marshall Wace, LLP763,892$12.6M0.01%−23,137−2.9%Reduced
Bank of New York Mellon Corp762,087$12.6M0.00%−38,660−4.8%Reduced
Defilade Capital Management, L.P.656,713$10.8M1.47%+656,713New
Palo Alto Investors LP641,239$10.6M1.47%+233,233+57.2%Added
Cercano Management LLC625,000$10.3M0.39%00.0%Unchanged
Voloridge Investment Management, LLC591,461$9.77M0.03%−344,769−36.8%Reduced
Qube Research & Technologies Ltd590,314$9.75M0.01%+362,324+158.9%Added
Segall Bryant & Hamill, LLC537,000$8.87M0.12%+24,042+4.7%Added
Ensign Peak Advisors, Inc515,721$8.51M0.02%−18,350−3.4%Reduced
Vestal Point Capital, LP465,000$7.68M0.28%+465,000New
Hudson Bay Capital Management LP450,000$7.43M0.04%+145,000+47.5%Added
Schroder Investment Management Group450,985$7.40M0.01%+241,390+115.2%Added
Two Sigma Investments, LP430,177$7.10M0.01%+163,885+61.5%Added
StemPoint Capital LP419,058$6.92M1.19%−1,315,601−75.8%Reduced
Barclays PLC407,359$6.73M0.00%−29,642−6.8%Reduced
American Century Companies Inc379,051$6.26M0.00%+21,710+6.1%Added
Millennium Management LLC369,767$6.10M0.00%−937,404−71.7%Reduced
Clarius Group, LLC368,995$6.09M0.35%+9,250+2.6%Added
TD Asset Management Inc339,410$5.60M0.00%−55,190−14.0%Reduced
DAFNA Capital Management LLC318,500$5.26M1.22%+150,000+89.0%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.298,792$4.93M0.01%+297,521+23,408.4%Added
Invesco Ltd.291,936$4.82M0.00%+42,469+17.0%Added
Marex Group plc287,001$4.74M0.05%−3,999−1.4%Reduced
Nuveen, LLC275,508$4.55M0.00%−9,269−3.3%Reduced
Swiss National Bank273,800$4.52M0.00%+6,300+2.4%Added
Edmond de Rothschild Holding S.A.225,680$3.73M0.05%+20,000+9.7%Added
Trexquant Investment LP209,609$3.46M0.03%−220,957−51.3%Reduced
Burkehill Global Management, LP200,000$3.30M0.22%+200,000New
SCS Capital Management LLC197,998$3.27M0.03%00.0%Unchanged
Wells Fargo & Company193,681$3.20M0.00%+89,502+85.9%Added
Rafferty Asset Management, LLC191,567$3.16M0.01%+8,681+4.7%Added
Manufacturers Life Insurance Company, The184,238$3.03M0.00%−21,607−10.5%Reduced
Rhumbline Advisers183,000$3.02M0.00%−18,565−9.2%Reduced
Ameriprise Financial Inc180,221$2.98M0.00%+80,660+81.0%Added
JPMorgan Chase & Co171,948$2.84M0.00%−3,073−1.8%Reduced
Susquehanna Portfolio Strategies, LLC167,713$2.77M0.04%+167,713New
Two Sigma Advisers, LP154,800$2.56M0.00%+64,800+72.0%Added
Teachers Retirement System of the State of Kentucky153,781$2.54M0.02%−17,772−10.4%Reduced
Groupama Asset Managment151,591$2.50M0.04%+15,833+11.7%Added
SG Americas Securities, LLC149,592$2.47M0.00%+111,391+291.6%Added
Legal & General Group Plc131,223$2.17M0.00%−12,729−8.8%Reduced
California State Teachers Retirement System129,409$2.14M0.00%−117−0.1%Reduced
Mirae Asset Global ETFs Holdings Ltd.128,800$2.13M0.00%−1,087−0.8%Reduced
Algert Global LLC127,030$2.10M0.03%+25,770+25.4%Added
Alps Advisors Inc120,718$1.99M0.01%+50,488+71.9%Added
Woodline Partners LP114,082$1.88M0.01%+565+0.5%Added
B. Metzler seel. Sohn & Co. AG112,300$1.84M0.02%+112,300New
Nomura Asset Management International Inc.107,493$1.77M0.00%+107,493New
D.A. Davidson & Co.106,933$1.77M0.01%+106,933New
Deutsche Bank AG105,086$1.73M0.00%−102,508−49.4%Reduced
Rhenman & Partners Asset Management AB100,000$1.65M0.15%00.0%Unchanged
Ghisallo Capital Management LLC100,000$1.65M0.07%+100,000New
Integrated Wealth Concepts LLC94,582$1.56M0.02%+3,508+3.9%Added
Y-Intercept (Hong Kong) Ltd93,587$1.55M0.03%+93,587New
Monashee Investment Management LLC91,620$1.51M0.85%+91,620New
DekaBank Deutsche Girozentrale59,800$1.35M0.00%00.0%Unchanged
HRT Financial LP78,352$1.29M0.00%+78,352New
MetLife Investment Management75,164$1.24M0.01%−3,911−4.9%Reduced
State of Wisconsin Investment Board73,581$1.21M0.00%−6,545−8.2%Reduced
Profund Advisors LLC71,634$1.18M0.04%+31,478+78.4%Added
Universal- Beteiligungs- und Servicegesellschaft mbH70,830$1.17M0.00%+44,607+170.1%Added
Ishara Investments LP70,000$1.16M1.35%+70,000New
Pier 88 Investment Partners LLC68,200$1.13M0.25%+760+1.1%Added