DESIGN THERAPEUTICS INC DSGN
COM · Common Stock · CUSIP 25056L103
- SectorHealth care
- IndustryPharmaceutical Preparations
- HeadquartersCarlsbad, CA
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($29.7k this quarter). Holder counts are more reliable. Shares outstanding: 56.9m as of 2025-08-01, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $3.37. Options: 2 managers hold calls ($43.8k notional), 2 hold puts ($337).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 79 |
| Q4 2022 | 83 |
| Q1 2023 | 97 |
| Q2 2023 | 98 |
| Q3 2023 | 88 |
| Q4 2023 | 89 |
| Q1 2024 | 94 |
| Q2 2024 | 97 |
| Q3 2024 | 101 |
| Q4 2024 | 96 |
| Q1 2025 | 99 |
| Q2 2025 | 94 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 41 | 62 |
| Q4 2023 | 50 | 38 |
| Q1 2024 | 41 | 50 |
| Q2 2024 | 51 | 40 |
| Q3 2024 | 42 | 43 |
| Q4 2024 | 47 | 40 |
| Q1 2025 | 40 | 46 |
| Q2 2025 | 41 | 45 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $18.4k | $174.8k | 9.51 |
| Q4 2024 | $28.4k | $16.0k | 0.57 |
| Q1 2025 | $15.4k | $17.0k | 1.10 |
| Q2 2025 | $43.8k | $337 | 0.01 |
Biggest buyers
| Driehaus Capital Management LLC | Added | +162.8k |
| Woodline Partners LP | Added | +131.8k |
| Kynam Capital Management, LP | Added | +125.6k |
| TANG CAPITAL MANAGEMENT LLC | Added | +100.0k |
| Almitas Capital LLC | Added | +77.5k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | Added | +74.4k |
| VANGUARD GROUP INC | Added | +44.1k |
| ADAR1 Capital Management, LLC | New | +42.4k |
| BARCLAYS PLC | Added | +25.5k |
| DIMENSIONAL FUND ADVISORS LP | Added | +24.8k |
Biggest sellers
| WELLINGTON MANAGEMENT GROUP LLP | Sold out | -141.5k |
| CITADEL ADVISORS LLC | Reduced | -122.7k |
| MILLENNIUM MANAGEMENT LLC | Sold out | -88.0k |
| BlackRock, Inc. | Reduced | -84.2k |
| BNP PARIBAS FINANCIAL MARKETS | Reduced | -49.0k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -39.4k |
| TWO SIGMA ADVISERS, LP | Reduced | -38.2k |
| MORGAN STANLEY | Reduced | -34.3k |
| BAKER BROS. ADVISORS LP | Reduced | -30.8k |
| GOLDMAN SACHS GROUP INC | Reduced | -26.6k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $43.8k13.0k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| GROUP ONE TRADING LLC | New | $337100 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
SR One Capital Fund I Aggregator LP
13D · may seek influence
filed 2026-03-11
Stated purposeNot applicable. Full filing |
10.7% |
| Sirenia Capital Management LP 13G · institution new · filed 2026-08-14 | 9.5% |
| Light Irrevocable Trust #1 dated April 22, 2019 13G · exempt (held before listing) filed 2025-02-07 | 6.9% |
| Star Irrevocable Trust #1 dated April 22, 2019 13G · exempt (held before listing) filed 2025-02-07 | 6.9% |
Fell to 5% or below in the last year: Point72 Asset Management, L.P. (3.8%, 2026-08-14), Logos Global Management LP (4.4%, 2025-11-18)
Insider purchases and sales in Q2 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2023 | 3 | $5.5m | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 2 | $104.6k | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 1 | $3.5m | — |
| Q4 2024 | 0 | — | 1 | $23.9k | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| SR One Capital Management, LP 4.77% of their portfolio | 6.5m $22.0m | Unchanged |
| Logos Global Management LP 1.90% of their portfolio | 4.2m $14.2m | Unchanged |
| BlackRock, Inc. 0.00% of their portfolio | 2.4m $8.1m | Reduced -84.2k |
| Frazier Life Sciences Management, L.P. 0.26% of their portfolio | 2.0m $6.6m | Unchanged |
| Point72 Asset Management, L.P. 0.01% of their portfolio | 1.8m $6.1m | Reduced -10.6k |
| TANG CAPITAL MANAGEMENT LLC 0.30% of their portfolio | 1.8m $6.0m | Added +100.0k |
| BAKER BROS. ADVISORS LP 0.06% of their portfolio | 1.7m $5.8m | Reduced -30.8k |
| Almitas Capital LLC 1.30% of their portfolio | 1.5m $5.2m | Added +77.5k |
| VANGUARD GROUP INC 0.00% of their portfolio | 1.5m $5.0m | Added +44.1k |
| Driehaus Capital Management LLC 0.03% of their portfolio | 1.1m $3.6m | Added +162.8k |
| Kynam Capital Management, LP 0.37% of their portfolio | 1.0m $3.5m | Added +125.6k |
| FMR LLC 0.00% of their portfolio | 951.2k $3.2m | Added +3.1k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 840.8k $2.8m | Reduced -122.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 794.0k $2.7m | Added +18.5k |
| Woodline Partners LP 0.01% of their portfolio | 777.5k $2.6m | Added +131.8k |
| STATE STREET CORP 0.00% of their portfolio | 719.2k $2.4m | Added +5.1k |
| ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio | 627.3k $2.1m | Reduced -3.6k |
| MPM BIOIMPACT LLC 0.32% of their portfolio | 555.2k $1.9m | Reduced -7.8k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 390.6k $1.3m | Reduced -4.6k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 362.5k $1.2m | Reduced -11.1k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 313.4k $1.1m | Added +24.8k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 267.8k $902.5k | Added +2.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 250.9k $845.7k | Reduced -7.4k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 239.5k $807.0k | Reduced -26.6k |
| MORGAN STANLEY 0.00% of their portfolio | 213.6k $719.7k | Reduced -34.3k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 188.2k $634.2k | Added +74.4k |
| Nuveen, LLC 0.00% of their portfolio | 133.0k $448.3k | Reduced -14.2k |
| BARCLAYS PLC 0.00% of their portfolio | 109.5k $369.1k | Added +25.5k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 108.5k $365.6k | Reduced -38.2k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 94.6k $318.8k | Reduced -745 |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 89.3k $301.0k | Reduced -39.4k |
| Lynx1 Capital Management LP 0.06% of their portfolio | 66.0k $222.3k | Unchanged |
| Palumbo Wealth Management LLC 0.06% of their portfolio | 60.6k $204.1k | Added +2.3k |
| GSA CAPITAL PARTNERS LLP 0.01% of their portfolio | 60.0k $202.0k | Reduced -12.2k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 57.9k $195.2k | Added +1.5k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 48.3k $162.8k | Added +1.9k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 46.4k $156.3k | Added +2.0k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 45.0k $151.8k | Added +2.9k |
| ADAR1 Capital Management, LLC 0.02% of their portfolio | 42.4k $142.9k | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 38.2k $128.6k | Reduced -5.1k |
| Assenagon Asset Management S.A. 0.00% of their portfolio | 31.1k $104.9k | Reduced -5.8k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 31.1k $104.7k | Added +13.0k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 28.7k $96.8k | Reduced -3.0k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 28.7k $96.6k | Added +6.7k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 28.1k $94.7k | Reduced -35 |
| UBS Group AG 0.00% of their portfolio | 27.3k $92.1k | Reduced -5.5k |
| Corient Private Wealth LP 0.00% of their portfolio | 27.0k $90.9k | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 24.6k $83.0k | Added +2.5k |
| STRS OHIO 0.00% of their portfolio | 22.6k $76.2k | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 20.3k $68.4k | Added +1.4k |
| Velan Capital Investment Management LP 0.07% of their portfolio | 20.0k $67.4k | Added +6.0k |
| INTECH INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 19.7k $66.3k | Reduced -882 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 18.3k $61.8k | Reduced -952 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 18.0k $60.5k | Reduced -780 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 16.3k $55.0k | Added +3.2k |
| Mariner, LLC 0.00% of their portfolio | 15.7k $53.0k | Added +269 |
| KENNEDY CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 15.0k $50.6k | Added +627 |
| Invesco Ltd. 0.00% of their portfolio | 14.4k $48.4k | Added +3.0k |
| CITIGROUP INC 0.00% of their portfolio | 13.6k $46.0k | Reduced -9.2k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.00% of their portfolio | 13.5k $45.5k | Reduced -4.0k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 12.7k $42.9k | New |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 12.0k $40.3k | Reduced -1.0k |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 11.8k $39.8k | Reduced -92 |
| China Universal Asset Management Co., Ltd. 0.00% of their portfolio | 11.4k $38.4k | Added +45 |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 9.7k $32.7k | Added +1.8k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 7.6k $26.0k | Added +4.8k |
| CAZ INVESTMENTS LP 0.14% of their portfolio | 7.5k $25.3k | Reduced -7.5k |
| Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio | 6.6k $22.2k | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 3.8k $12.9k | Reduced -49.0k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 3.8k $12.7k | Reduced -181 |
| Legal & General Group Plc 0.00% of their portfolio | 3.1k $10.4k | Added +513 |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 2.6k $8.7k | Unchanged |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 2.2k $7.4k | Added +298 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 2.0k $6.8k | Unchanged |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 1.8k $6.1k | Reduced -348 |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 1.7k $5.6k | Reduced -7.6k |
| GF FUND MANAGEMENT CO. LTD. 0.00% of their portfolio | 1.4k $4.9k | Unchanged |
| AMALGAMATED BANK 0.00% of their portfolio | 1.2k $4.0k | Unchanged |
| Sterling Capital Management LLC 0.00% of their portfolio | 841 $2.8k | Added +299 |
| Clearstead Advisors, LLC 0.00% of their portfolio | 610 $2.1k | Unchanged |
| Private Wealth Management Group, LLC 0.00% of their portfolio | 558 $1.9k | Unchanged |
| Daiwa Securities Group Inc. 0.00% of their portfolio | 350 $1.0k | Unchanged |
| CWM, LLC 0.00% of their portfolio | 271 $1.0k | Added +160 |
| Physician Wealth Advisors, Inc. 0.00% of their portfolio | 268 $904 | New |
| MassMutual Private Wealth & Trust, FSB 0.00% of their portfolio | 239 $805 | Unchanged |
| EverSource Wealth Advisors, LLC 0.00% of their portfolio | 235 $792 | Added +204 |
| Rise Advisors, LLC 0.00% of their portfolio | 130 $438 | New |
| Point72 (DIFC) Ltd 0.00% of their portfolio | 20 $66 | New |
| Brooklyn Investment Group 0.00% of their portfolio | 19 $65 | Unchanged |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 19 $64 | Unchanged |
| Capital Advisors, Ltd. LLC 0.00% of their portfolio | 12 $0 | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 10 $34 | Reduced -39 |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio | 0 $0 | Unchanged |
| IFP Advisors, Inc 0.00% of their portfolio | 0 $155 | New |