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Baker Bros. Advisors Lp Top Holdings and 13F Report (2025)

About Baker Bros. Advisors Lp

Investment Activity

  • Baker Bros. Advisors Lp has $10.31 billion in total holdings as of June 30, 2025.
  • Baker Bros. Advisors Lp owns shares of 89 different stocks, but just 10 companies or ETFs make up 80% of its holdings.
  • Approximately 9.49% of the portfolio was purchased this quarter.
  • About 2.46% of the portfolio was sold this quarter.
  • This quarter, Baker Bros. Advisors Lp has purchased 89 new stocks and bought additional shares in 23 stocks.
  • Baker Bros. Advisors Lp sold shares of 8 stocks and completely divested from 13 stocks this quarter.

Largest Holdings

BeiGene
$2,129,986,760
Incyte
$2,093,617,028
Insmed
$776,226,256
Summit Therapeutics
$717,624,887

Largest New Holdings this Quarter

92790C104 - Viridian Therapeutics
$24,386,796 Holding
09627Y109 - Blueprint Medicines
$16,091,461 Holding
04280A100 - Arrowhead Pharmaceuticals
$14,838,949 Holding
252828108 - Dianthus Therapeutics, Inc.
$14,713,210 Holding
171757206 - Cidara Therapeutics, Inc.
$11,070,419 Holding

Largest Purchases this Quarter

Insmed
2,332,274 shares (about $234.72M)
Summit Therapeutics
9,298,109 shares (about $197.86M)
Alkermes
1,927,318 shares (about $55.14M)
Revolution Medicines
1,428,000 shares (about $52.54M)
Structure Therapeutics
2,147,202 shares (about $44.53M)

Largest Sales this Quarter

argenex
40,000 shares (about $22.05M)
Akero Therapeutics
224,083 shares (about $11.96M)
Candel Therapeutics
2,082,077 shares (about $10.54M)
Cerus
6,467,243 shares (about $9.12M)
Neurogene Inc.
494,509 shares (about $7.39M)

Sector Allocation Over Time

Map of 500 Largest Holdings ofBaker Bros. Advisors Lp

 
 
Selling
 
 
Neutral
 
 
Buying
Issuer NameHoldings ValueApproximate Purchase/SaleChange in SharesShares Held% of PortfolioSector
BeiGene, Ltd. stock logo
BGNE
BeiGene
$2,129,986,7600.0%8,799,05320.7%Medical
Incyte Corporation stock logo
INCY
Incyte
$2,093,617,028$226,228 0.0%30,743,27520.3%Medical
ACADIA Pharmaceuticals Inc. stock logo
ACAD
ACADIA Pharmaceuticals
$925,281,603$404,955 0.0%42,896,6909.0%Medical
Insmed, Inc. stock logo
INSM
Insmed
$776,226,256$234,720,055 43.3%7,712,9007.5%Medical
Summit Therapeutics PLC stock logo
SMMT
Summit Therapeutics
$717,624,887$197,863,760 38.1%33,722,9747.0%Medical
Madrigal Pharmaceuticals, Inc. stock logo
MDGL
Madrigal Pharmaceuticals
$598,022,088$432,170 0.1%1,976,0185.8%Medical
Rhythm Pharmaceuticals, Inc. stock logo
RYTM
Rhythm Pharmaceuticals
$354,147,2810.0%5,604,4833.4%Medical
Revolution Medicines, Inc. stock logo
RVMD
Revolution Medicines
$344,537,320$52,536,120 18.0%9,364,9723.3%Medical
Kymera Therapeutics, Inc. stock logo
KYMR
Kymera Therapeutics
$290,268,362$28,606,020 10.9%6,651,4292.8%Medical
Alkermes plc stock logo
ALKS
Alkermes
$183,407,352$55,140,568 43.0%6,410,6031.8%Medical
Replimune Group, Inc. stock logo
REPL
Replimune Group
$102,611,1710.0%11,045,3361.0%Medical
Ultragenyx Pharmaceutical Inc. stock logo
RARE
Ultragenyx Pharmaceutical
$100,815,081$43,507,576 75.9%2,772,6921.0%Medical
Edgewise Therapeutics, Inc. stock logo
EWTX
Edgewise Therapeutics
$95,780,873$15,076,500 18.7%7,305,9400.9%Medical
AbCellera Biologics Inc. stock logo
ABCL
AbCellera Biologics
$94,412,9450.0%27,525,6400.9%Medical
Immunovant, Inc. stock logo
IMVT
Immunovant
$87,326,0960.0%5,457,8810.8%Medical
GRAIL, Inc.
$83,821,0280.0%1,630,1250.8%COM
Kiniksa Pharmaceuticals International, plc
$78,158,591$175,594 0.2%2,824,6690.8%ORD SHS CL A
Bicycle Therapeutics PLC Sponsored ADR stock logo
BCYC
Bicycle Therapeutics
$75,653,2310.0%10,885,3570.7%Medical
Immunocore Holdings PLC Sponsored ADR stock logo
IMCR
Immunocore
$72,884,9450.0%2,322,6560.7%Medical
Celcuity, Inc. stock logo
CELC
Celcuity
$72,763,441$15,922,679 28.0%5,450,4450.7%Medical
Kodiak Sciences Inc. stock logo
KOD
Kodiak Sciences
$64,568,1280.0%17,310,4900.6%Medical
Immatics N.V. stock logo
IMTX
Immatics
$54,708,687$15,564,722 39.8%10,168,9010.5%Medical
Stoke Therapeutics, Inc. stock logo
STOK
Stoke Therapeutics
$52,594,0610.0%4,633,8380.5%Medical
Denali Therapeutics Inc. stock logo
DNLI
Denali Therapeutics
$52,206,4130.0%3,731,6950.5%Medical
Structure Therapeutics Inc. Sponsored ADR stock logo
GPCR
Structure Therapeutics
$52,031,828$44,532,970 593.9%2,508,7670.5%Medical
IDEAYA Biosciences, Inc. stock logo
IDYA
IDEAYA Biosciences
$44,535,663$22,209,837 99.5%2,118,7280.4%Medical
Nurix Therapeutics, Inc. stock logo
NRIX
Nurix Therapeutics
$44,217,4040.0%3,882,1250.4%Medical
Roivant Sciences Ltd. stock logo
ROIV
Roivant Sciences
$42,462,8020.0%3,767,7730.4%Medical
BioNTech SE Sponsored ADR stock logo
BNTX
BioNTech
$39,279,232$34,484,781 719.3%368,9230.4%Medical
Entrada Therapeutics, Inc. stock logo
TRDA
Entrada Therapeutics
$32,698,3040.0%4,865,8190.3%Medical
Merus N.V. stock logo
MRUS
Merus
$30,212,230$18,456,130 157.0%574,3770.3%Medical
Praxis Precision Medicines, Inc.
$28,992,970$15,052,008 108.0%689,4880.3%COM
Intellia Therapeutics, Inc. stock logo
NTLA
Intellia Therapeutics
$25,097,822$19,056,014 315.4%2,675,6740.2%Medical
Viridian Therapeutics, Inc. stock logo
VRDN
Viridian Therapeutics
$24,386,796$24,386,796 New Holding1,744,4060.2%Medical
Monte Rosa Therapeutics, Inc. stock logo
GLUE
Monte Rosa Therapeutics
$22,171,5880.0%4,916,0950.2%Medical
Verona Pharma PLC American Depositary Share stock logo
VRNA
Verona Pharma PLC American Depositary Share
$21,171,0710.0%223,8430.2%Medical
Vaxcyte, Inc. stock logo
PCVX
Vaxcyte
$20,835,1710.0%640,8850.2%Medical
argenex SE stock logo
ARGX
argenex
$20,814,067$22,048,800 -51.4%37,7600.2%Medical
Verve Therapeutics, Inc. stock logo
VERV
Verve Therapeutics
$18,995,8820.0%1,691,5300.2%Medical
Cerus Corporation stock logo
CERS
Cerus
$18,166,220$9,118,813 -33.4%12,883,8440.2%Medical
Disc Medicine, Inc. stock logo
IRON
Disc Medicine
$17,850,168$13,769,600 337.4%337,0500.2%Medical
Akero Therapeutics, Inc. stock logo
AKRO
Akero Therapeutics
$17,322,257$11,957,069 -40.8%324,6300.2%Medical
Blueprint Medicines Corporation stock logo
BPMC
Blueprint Medicines
$16,091,461$16,091,461 New Holding125,5380.2%Medical
Sera Prognostics, Inc. stock logo
SERA
Sera Prognostics
$15,229,9310.0%5,498,1700.1%Medical
Arrowhead Pharmaceuticals, Inc. stock logo
ARWR
Arrowhead Pharmaceuticals
$14,838,949$14,838,949 New Holding939,1740.1%Medical
Neurogene Inc.
$14,825,780$7,392,909 -33.3%991,6910.1%COM
Dianthus Therapeutics, Inc.
$14,713,210$14,713,210 New Holding789,7590.1%COM
Celldex Therapeutics, Inc. stock logo
CLDX
Celldex Therapeutics
$13,540,280$8,500,724 168.7%665,3700.1%Medical
DBV Technologies S.A.
$13,386,5070.0%1,461,4250.1%SPONSORED ADS
Xenon Pharmaceuticals Inc. stock logo
XENE
Xenon Pharmaceuticals
$11,587,510$713,640 6.6%370,2080.1%Medical
Cidara Therapeutics, Inc.
$11,070,419$11,070,419 New Holding227,2720.1%COM
Arcellx, Inc. stock logo
ACLX
Arcellx
$10,985,426$10,985,426 New Holding166,8250.1%Medical
Nuvalent, Inc. stock logo
NUVL
Nuvalent
$10,982,393$10,982,393 New Holding143,9370.1%Medical
Spyre Therapeutics, Inc.
$9,381,744$9,381,744 New Holding626,7030.1%COM
Taysha Gene Therapies, Inc. stock logo
TSHA
Taysha Gene Therapies
$9,250,9860.0%4,004,7560.1%Medical
Prelude Therapeutics Incorporated stock logo
PRLD
Prelude Therapeutics
$8,194,2230.0%10,123,8240.1%Medical
Crinetics Pharmaceuticals, Inc. stock logo
CRNX
Crinetics Pharmaceuticals
$8,052,800$8,052,800 New Holding280,0000.1%Medical
CytomX Therapeutics, Inc. stock logo
CTMX
CytomX Therapeutics
$7,909,193$7,909,193 New Holding3,484,2260.1%Medical
Sagimet Biosciences Inc.
$7,261,8300.0%952,9960.1%COM SER A
Sionna Therapeutics, Inc.
$6,940,0000.0%400,0000.1%COM
Agios Pharmaceuticals, Inc. stock logo
AGIO
Agios Pharmaceuticals
$6,314,943$6,314,943 New Holding189,8660.1%Medical
Rapport Therapeutics, Inc.
$6,254,523$6,254,523 New Holding550,0900.1%COM
Skye Bioscience, Inc.
$6,063,6670.0%1,450,6380.1%COM
Design Therapeutics, Inc. stock logo
DSGN
Design Therapeutics
$5,772,412$103,941 -1.8%1,712,8820.1%Medical
KALA BIO, Inc. stock logo
KALA
KALA BIO
$5,721,0150.0%1,201,8940.1%Medical
Sana Biotechnology, Inc. stock logo
SANA
Sana Biotechnology
$5,544,4910.0%2,030,9490.1%Medical
Xencor, Inc. stock logo
XNCR
Xencor
$5,269,5880.0%670,4310.1%Medical
Alumis Inc.
$4,687,5000.0%1,562,5000.0%COM
IGM Biosciences, Inc. stock logo
IGMS
IGM Biosciences
$4,587,755$1,067 0.0%4,096,2100.0%Medical
TScan Therapeutics, Inc. stock logo
TCRX
TScan Therapeutics
$4,037,9480.0%2,784,7920.0%Medical
Relay Therapeutics, Inc. stock logo
RLAY
Relay Therapeutics
$4,014,0050.0%1,160,1170.0%Medical
Fate Therapeutics, Inc. stock logo
FATE
Fate Therapeutics
$2,783,220$866,190 -23.7%2,485,0180.0%Medical
Vir Biotechnology, Inc. stock logo
VIR
Vir Biotechnology
$2,734,3970.0%542,5390.0%Medical
Enliven Therapeutics, Inc. stock logo
ELVN
Enliven Therapeutics
$2,303,5500.0%114,8330.0%Medical
WAVE Life Sciences Ltd. stock logo
WVE
WAVE Life Sciences
$2,236,4100.0%344,0630.0%Medical
Tectonic Therapeutic, Inc.
$1,987,0000.0%100,0000.0%COM
Candel Therapeutics, Inc. stock logo
CADL
Candel Therapeutics
$1,796,867$10,535,311 -85.4%355,1120.0%Medical
Protara Therapeutics, Inc. stock logo
TARA
Protara Therapeutics
$1,626,6010.0%536,8320.0%Medical
vTv Therapeutics, Inc.
$1,459,7100.0%97,3140.0%CL A
Rocket Pharmaceuticals, Inc. stock logo
RCKT
Rocket Pharmaceuticals
$1,352,594$1,335,250 -49.7%552,0790.0%Medical
Contineum Therapeutics, Inc.
$1,240,6250.0%312,5000.0%CL A
HOOKIPA Pharma Inc.
$1,020,0820.0%812,8140.0%COM
Neumora Therapeutics, Inc.
$758,6720.0%1,034,6000.0%COM
Generation Bio Co. stock logo
GBIO
Generation Bio
$622,5770.0%1,944,9450.0%Medical
Aligos Therapeutics, Inc.
$598,8270.0%83,0550.0%COM
Tyra Biosciences, Inc. stock logo
TYRA
Tyra Biosciences
$101,5090.0%10,6070.0%Medical
Acrivon Therapeutics, Inc. stock logo
ACRV
Acrivon Therapeutics
$27,1430.0%22,8090.0%Medical
SRZNW
Surrozen
$15,0830.0%833,3330.0%Medical
Opthea Limited Unsponsored ADR stock logo
OPT
Opthea
$00.0%2,087,3200.0%Medical
Insmed Incorporated
$0$101,588,437 -100.0%00.0%Note 0.75% 6/1/2028
CRISPR Therapeutics AG stock logo
CRSP
CRISPR Therapeutics
$0$22,258,989 -100.0%00.0%Medical
Centessa Pharmaceuticals PLC Sponsored ADR stock logo
CNTA
Centessa Pharmaceuticals
$0$17,646,820 -100.0%00.0%Medical
2seventy bio, Inc. stock logo
TSVT
2seventy bio
$0$12,337,778 -100.0%00.0%Medical
Bicara Therapeutics Inc.
$0$10,858,329 -100.0%00.0%COM
Ionis Pharmaceuticals, Inc. stock logo
IONS
Ionis Pharmaceuticals
$0$10,798,296 -100.0%00.0%Medical
Dyne Therapeutics, Inc.
$0$7,030,124 -100.0%00.0%COM
Regulus Therapeutics Inc. stock logo
RGLS
Regulus Therapeutics
$0$4,714,577 -100.0%00.0%Medical
Prime Medicine, Inc. stock logo
PRME
Prime Medicine
$0$2,046,647 -100.0%00.0%Medical
Compass Therapeutics, Inc. stock logo
CMPX
Compass Therapeutics
$0$1,040,246 -100.0%00.0%Medical
Leap Therapeutics, Inc. stock logo
LPTX
Leap Therapeutics
$0$123,487 -100.0%00.0%Medical

Showing largest 100 holdings. View all holdings.
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