TPG Funds Exit Allogene Entirely, Selling 18.7M Shares at $1.55
ALLO sits 56% above its 52-week low of $1.04.
Summary
TPG Funds sold their entire 18.7M share position in Allogene at $1.55 per share, exiting the stock completely after holding since 2018.
Key Events · Ownership and Investor Activity · ALLO
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TPG Funds Complete Exit
TPG Funds sold 18,716,306 shares at $1.55 per share on September 28, 2026, eliminating their entire position in Allogene.
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Sale Proceeds
The block sale generated approximately $29.0M in proceeds (18,716,306 shares × $1.55).
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Ownership Falls Below 5%
As a result of the sale, the Reporting Persons no longer beneficially own any shares and ceased to be 5% beneficial owners.
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Long-Term Holder Exits
TPG had held Allogene shares since the company's October 2018 IPO, making this a complete exit by a founding institutional investor.
Analysis · ALLO · Life Sciences
TPG Funds sold their entire remaining stake of 18,716,306 shares at $1.55 per share on September 28, 2026, and no longer hold any Allogene common stock. This is a complete exit by a major institutional investor that had been a shareholder since the company's 2018 IPO. The sale price of $1.55 is below today's $1.62, and the block represents a significant overhang removal. For a company with a $553M market cap, a $29M block sale by a long-term holder signals reduced institutional conviction, though it also removes a large overhang that may have been weighing on the stock.
How filings like this one have moved
In the 30 days to Sep 30, 2026, 34.9% of the 1009 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.52%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, ALLO was trading at $1.62 on NASDAQ in the Life Sciences sector, with a market capitalization of approximately $552.8M. The 52-week trading range was $1.04 to $4.46. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.