[SCHEDULE 13G/A] Stoke Therapeutics, Inc. SEC Filing
Rhea-AI Filing Summary
Redmile Group, LLC and Jeremy C. Green report shared beneficial ownership of 4,375,931 shares of Stoke Therapeutics common stock, representing 8.0% of the outstanding class based on 54,596,924 shares. The position is held through Redmile-managed investment vehicles, including Redmile Biopharma Investments III, L.P., which directly holds 3,505,612 shares (6.4%). The filers report shared voting and dispositive power over these shares and disclaim sole ownership, indicating the stake is held on behalf of Redmile clients rather than directly by the reporting individuals or manager.
Positive
- Material disclosure of stake: 4,375,931 shares representing 8.0% of class is clearly reported
- Specific fund attribution: Redmile Biopharma Investments III, L.P. holds 3,505,612 shares (6.4%)
- Clear governance disclosures: Shared voting and dispositive power and customary disclaimers are included
Negative
- No sole voting or dispositive power: Reporting persons do not report exclusive control over the shares
- Ownership held through client vehicles: Beneficial ownership is via Redmile-managed funds, not direct individual holdings
Insights
TL;DR: Redmile discloses a material 8.0% shared stake in STOK via managed funds, representing a sizable institutional position.
Redmile Group, LLC and Jeremy C. Green report shared beneficial ownership of 4,375,931 shares, equal to 8.0% of Stoke Therapeutics' common stock based on 54,596,924 shares outstanding. A named fund, Redmile Biopharma Investments III, L.P., holds 3,505,612 shares (6.4%). The filing shows shared voting and dispositive power only, which means control resides with the investment vehicles and not a single holder. For investors, this filing clarifies ownership concentration and potential investor composition without indicating any change in control intent.
TL;DR: Governance disclosure shows an institutional manager and principal with shared authority over an 8.0% position, properly disclaiming sole ownership.
The Schedule 13G/A identifies Redmile Group, LLC as investment manager and Jeremy C. Green as principal, each disclaiming direct ownership except to the extent of pecuniary interest. Shared voting and dispositive powers are reported, and one fund, RBI III, is disclosed as holding 3,505,612 shares. The filing provides clear attribution of beneficial ownership and appropriate disclaimers consistent with passive reporting obligations under Schedule 13G.