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[SCHEDULE 13G] Crinetics Pharmaceuticals, Inc. SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G
Rhea-AI Filing Summary

Farallon Capital and affiliated funds disclosed collective holdings in Crinetics Pharmaceuticals (CRNX). The Schedule 13G shows multiple Farallon funds and related entities beneficially own reported positions in the issuer's common stock. The largest single reported beneficial owner line is 5,625,098 shares (6.0% of the class) attributable to the group of Farallon Individual Reporting Persons acting with shared voting and dispositive power. Other reported aggregates include 5,482,921 shares (5.8%) for Farallon Partners, L.L.C. and 3,305,391 shares (3.5%) for Farallon Healthcare Partners Master, L.P. Each reporting person reports 0 sole voting power and varying shared voting/dispositive power. The filing is made under Section 240.13d-1(c) and includes signed certifications dated 09/08/2025.

Positive
  • Material disclosure of ownership: The filing reports a collective 5,625,098-share (6.0%) position, exceeding the 5% reporting threshold.
  • Detailed entity mapping: Ownership is broken out by specific Farallon funds, general partners and individual reporting persons, improving transparency.
  • Filing under Section 13(g): Indicates holdings are reported as passive, clarifying absence of an asserted intent to change control.
Negative
  • None.

Insights

TL;DR: Farallon affiliates disclose a material passive stake in CRNX, exceeding 5% for the group, which is significant for shareholder composition.

Farallon and affiliated funds report combined beneficial ownership positions in Crinetics common stock with the group-level aggregation reaching 5,625,098 shares (6.0%). The Schedule 13G classification indicates the holdings are reported as passive under Section 13(g) rather than an intent to influence control. Reported holdings are allocated across multiple limited partnerships and general partner entities, with shared voting and dispositive powers reported rather than sole control. For investors, this clarifies ownership concentration and identifies an institutional holder with a stake above the 5% reporting threshold.

TL;DR: The filing organizes ownership across funds and managers, disclaims control while documenting shared voting/dispositive authority.

The filing carefully maps ownership through fund entities, general partner companies and named managing members, each of whom may be deemed beneficial owners of fund-held shares though disclaimers are included. The statement that the Reporting Persons neither disclaim nor affirm a group but file under Section 240.13d-1(c) is a conservative posture. Signatures and attorney-in-fact filings are present, demonstrating formal execution. The disclosure provides clarity on who holds investment discretion, useful for governance and proxy considerations.






Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)






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Farallon Capital Partners, L.P.
Signature:/s/ Hannah E. Dunn
Name/Title:Hannah E. Dunn, Managing Member of its General Partner
Date:09/08/2025
Farallon Capital Institutional Partners, L.P.
Signature:/s/ Hannah E. Dunn
Name/Title:Hannah E. Dunn, Managing Member of its General Partner
Date:09/08/2025
Farallon Capital Institutional Partners II, L.P.
Signature:/s/ Hannah E. Dunn
Name/Title:Hannah E. Dunn, Managing Member of its General Partner
Date:09/08/2025
Farallon Capital Institutional Partners III, L.P.
Signature:/s/ Hannah E. Dunn
Name/Title:Hannah E. Dunn, Managing Member of its General Partner
Date:09/08/2025
Four Crossings Institutional Partners V, L.P.
Signature:/s/ Hannah E. Dunn
Name/Title:Hannah E. Dunn, Manager of its General Partner
Date:09/08/2025
Farallon Capital Offshore Investors II, L.P.
Signature:/s/ Hannah E. Dunn
Name/Title:Hannah E. Dunn, Managing Member of its General Partner
Date:09/08/2025
Farallon Capital (AM) Investors, L.P.
Signature:/s/ Hannah E. Dunn
Name/Title:Hannah E. Dunn, Managing Member of its General Partner
Date:09/08/2025
Farallon Capital F5 Master I, L.P.
Signature:/s/ Hannah E. Dunn
Name/Title:Hannah E. Dunn, Manager of its General Partner
Date:09/08/2025
Farallon Healthcare Partners Master, L.P.
Signature:/s/ Hannah E. Dunn
Name/Title:Hannah E. Dunn, Manager of its General Partner
Date:09/08/2025
Farallon Partners, L.L.C.
Signature:/s/ Hannah E. Dunn
Name/Title:Hannah E. Dunn, Managing Member
Date:09/08/2025
Farallon Institutional (GP) V, L.L.C.
Signature:/s/ Hannah E. Dunn
Name/Title:Hannah E. Dunn, Manager
Date:09/08/2025
Farallon F5 (GP), L.L.C.
Signature:/s/ Hannah E. Dunn
Name/Title:Hannah E. Dunn, Manager
Date:09/08/2025
Farallon Healthcare Partners (GP), L.L.C.
Signature:/s/ Hannah E. Dunn
Name/Title:Hannah E. Dunn, Manager
Date:09/08/2025
Dapice Joshua J.
Signature:/s/ Hannah E. Dunn
Name/Title:Hannah E. Dunn, as attorney-in-fact
Date:09/08/2025
Dreyfuss, Philip D.
Signature:/s/ Hannah E. Dunn
Name/Title:Hannah E. Dunn, as attorney-in-fact
Date:09/08/2025
Dunn Hannah E.
Signature:/s/ Hannah E. Dunn
Name/Title:Hannah E. Dunn
Date:09/08/2025
Fried, Richard B
Signature:/s/ Hannah E. Dunn
Name/Title:Hannah E. Dunn, as attorney-in-fact
Date:09/08/2025
Gehani, Varun N.
Signature:/s/ Hannah E. Dunn
Name/Title:Hannah E. Dunn, as attorney-in-fact
Date:09/08/2025
Giauque, Nicolas
Signature:/s/ Hannah E. Dunn
Name/Title:Hannah E. Dunn, as attorney-in-fact
Date:09/08/2025
Kim, David T.
Signature:/s/ Hannah E. Dunn
Name/Title:Hannah E. Dunn, as attorney-in-fact
Date:09/08/2025
Linn, Michael G.
Signature:/s/ Hannah E. Dunn
Name/Title:Hannah E. Dunn, as attorney-in-fact
Date:09/08/2025
Luo Patrick (Cheng)
Signature:/s/ Hannah E. Dunn
Name/Title:Hannah E. Dunn, as attorney-in-fact
Date:09/08/2025
Patel, Rajiv A.
Signature:/s/ Hannah E. Dunn
Name/Title:Hannah E. Dunn, as attorney-in-fact
Date:09/08/2025
Roberts, Jr., Thomas G.
Signature:/s/ Hannah E. Dunn
Name/Title:Hannah E. Dunn, as attorney-in-fact
Date:09/08/2025
Saito Edric C.
Signature:/s/ Hannah E. Dunn
Name/Title:Hannah E. Dunn, as attorney-in-fact
Date:09/08/2025
Seybold, William
Signature:/s/ Hannah E. Dunn
Name/Title:Hannah E. Dunn, as attorney-in-fact
Date:09/08/2025
Short Daniel S.
Signature:/s/ Hannah E. Dunn
Name/Title:Hannah E. Dunn, as attorney-in-fact
Date:09/08/2025
Spokes, Andrew J. M.
Signature:/s/ Hannah E. Dunn
Name/Title:Hannah E. Dunn, as attorney-in-fact
Date:09/08/2025
Warren, John R.
Signature:/s/ Hannah E. Dunn
Name/Title:Hannah E. Dunn, as attorney-in-fact
Date:09/08/2025
Wehrly, Mark C.
Signature:/s/ Hannah E. Dunn
Name/Title:Hannah E. Dunn, as attorney-in-fact
Date:09/08/2025
Exhibit Information

Exhibit 1. Joint Acquisition Statement Pursuant to Section 240.13d-1(k)

FAQ

What stake did Farallon report in Crinetics Pharmaceuticals (CRNX)?

The Reporting Persons collectively reported 5,625,098 shares, representing 6.0% of the class on the Schedule 13G.

Which Farallon entity reported the largest single aggregate on its cover page?

Farallon Partners, L.L.C. reported an aggregate of 5,482,921 shares (5.8%); the grouped individual reporting persons aggregate to 5,625,098 shares (6.0%).

Did the filing indicate Farallon intends to influence control of Crinetics?

No. The Schedule 13G includes a certification that the securities were not acquired for the purpose of changing or influencing control and was filed under Section 240.13d-1(c).

What voting and dispositive powers were reported?

For the reporting persons shown, sole voting and dispositive power was 0 and varying amounts of shared voting and dispositive power are reported (e.g., 5,625,098 shared for the individual reporting persons).

When was the Schedule 13G signed?

Signatures on the filing are dated 09/08/2025.
Crinetics Pharmaceuticals

NASDAQ:CRNX

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4.07B
91.92M
2.01%
115.45%
14.85%
Biotechnology
Pharmaceutical Preparations
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United States
SAN DIEGO