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Baker Bros. Advisors Lp Top Holdings and 13F Report (2026)

About Baker Bros. Advisors Lp

Investment Activity

  • Baker Bros. Advisors Lp has $19.96 billion in total holdings as of June 30, 2026.
  • Baker Bros. Advisors Lp owns shares of 84 different stocks, but just 13 companies or ETFs make up 80% of its holdings.
  • Approximately 3.80% of the portfolio was purchased this quarter.
  • About 2.34% of the portfolio was sold this quarter.
  • This quarter, Baker Bros. Advisors Lp has purchased 84 new stocks and bought additional shares in 16 stocks.
  • Baker Bros. Advisors Lp sold shares of 7 stocks and completely divested from 8 stocks this quarter.

Largest Holdings

Incyte
$3,487,217,729
BeOne Medicines Ltd.
$2,508,182,548
Revolution Medicines
$2,143,111,899
ACADIA Pharmaceuticals
$1,085,696,471

Largest New Holdings this Quarter

81728A207 - Faeth Therapeutics, Inc.
$32,160,275 Holding
23282W605 - Cytokinetics
$17,997,836 Holding
45826J105 - Intellia Therapeutics
$15,739,525 Holding
698955101 - Parabilis Medicines, Inc.
$13,685,000 Holding
05348Y105 - Avalyn Pharma Inc.
$11,522,000 Holding

Largest Purchases this Quarter

Revolution Medicines
1,888,000 shares (about $353.58M)
Insmed
1,375,000 shares (about $146.60M)
IDEAYA Biosciences
1,063,515 shares (about $39.64M)
Faeth Therapeutics, Inc.
1,286,411 shares (about $32.16M)
Relay Therapeutics
1,666,666 shares (about $31.18M)

Largest Sales this Quarter

Edgewise Therapeutics
2,874,221 shares (about $116.78M)
Summit Therapeutics
3,604,715 shares (about $52.52M)
Immatics
1,408,128 shares (about $14.26M)
Cerus
3,612,914 shares (about $10.55M)
Jade Biosciences, Inc.
410,711 shares (about $9.13M)

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
Incyte Corporation stock logo
INCY
Incyte
$3,487,217,729$2,031,184 0.1%30,762,33017.5%Healthcare
BeOne Medicines Ltd.
$2,508,182,548$716,415 0.0%8,801,56712.6%SPONSORED ADS
Revolution Medicines, Inc. stock logo
RVMD
Revolution Medicines
$2,143,111,899$353,584,640 19.8%11,443,35710.7%Healthcare
Madrigal Pharmaceuticals, Inc. stock logo
MDGL
Madrigal Pharmaceuticals
$1,150,754,190$767,838 0.1%2,143,1315.8%Healthcare
ACADIA Pharmaceuticals Inc. stock logo
ACAD
ACADIA Pharmaceuticals
$1,085,696,471$410,214 0.0%42,912,9045.4%Healthcare
Kymera Therapeutics, Inc. stock logo
KYMR
Kymera Therapeutics
$992,725,9400.0%8,657,2425.0%Healthcare
Insmed, Inc. stock logo
INSM
Insmed
$937,841,355$146,602,500 18.5%8,796,1114.7%Healthcare
Celcuity, Inc. stock logo
CELC
Celcuity
$828,150,1590.0%7,915,7924.2%Healthcare
Kodiak Sciences Inc. stock logo
KOD
Kodiak Sciences
$776,051,4870.0%19,919,1863.9%Healthcare
Rhythm Pharmaceuticals, Inc. stock logo
RYTM
Rhythm Pharmaceuticals
$622,265,7470.0%5,604,4833.1%Healthcare
Praxis Precision Medicines, Inc.
$586,953,1580.0%1,753,1982.9%COM
Alkermes plc stock logo
ALKS
Alkermes
$524,592,7290.0%10,012,2672.6%Healthcare
Summit Therapeutics PLC stock logo
SMMT
Summit Therapeutics
$477,697,090$52,520,698 -9.9%32,786,3482.4%Healthcare
GRAIL, Inc.
$275,033,4780.0%4,028,6141.4%COM
AbCellera Biologics Inc. stock logo
ABCL
AbCellera Biologics
$259,145,283$21,479,170 9.0%33,012,1381.3%Healthcare
Immunovant, Inc. stock logo
IMVT
Immunovant
$209,419,027$873,128 -0.4%5,435,2201.0%Healthcare
IDEAYA Biosciences, Inc. stock logo
IDYA
IDEAYA Biosciences
$186,723,818$39,637,204 26.9%5,010,0300.9%Healthcare
Kiniksa Pharmaceuticals International, plc
$181,275,420$536,988 0.3%2,834,6430.9%ORD SHS CL A
Roivant Sciences Ltd. stock logo
ROIV
Roivant Sciences
$166,928,649$5,340,068 -3.1%4,716,8310.8%Healthcare
Arrowhead Pharmaceuticals, Inc. stock logo
ARWR
Arrowhead Pharmaceuticals
$162,431,7420.0%1,992,7830.8%Healthcare
Ionis Pharmaceuticals, Inc. stock logo
IONS
Ionis Pharmaceuticals
$162,364,2740.0%2,047,7270.8%Healthcare
Edgewise Therapeutics, Inc. stock logo
EWTX
Edgewise Therapeutics
$150,400,843$116,779,599 -43.7%3,701,7190.8%Healthcare
Replimune Group, Inc. stock logo
REPL
Replimune Group
$122,271,8700.0%11,045,3360.6%Healthcare
Nurix Therapeutics, Inc. stock logo
NRIX
Nurix Therapeutics
$113,016,5690.0%4,658,5560.6%Healthcare
Stoke Therapeutics, Inc. stock logo
STOK
Stoke Therapeutics
$109,176,7260.0%3,336,6970.5%Healthcare
Monte Rosa Therapeutics, Inc. stock logo
GLUE
Monte Rosa Therapeutics
$105,166,8110.0%4,345,7360.5%Healthcare
Immatics N.V. stock logo
IMTX
Immatics
$96,321,763$14,264,337 -12.9%9,508,5650.5%Healthcare
Denali Therapeutics Inc. stock logo
DNLI
Denali Therapeutics
$96,047,122$67,927 0.1%3,734,3360.5%Healthcare
Crinetics Pharmaceuticals, Inc. stock logo
CRNX
Crinetics Pharmaceuticals
$87,991,8200.0%2,351,4650.4%Healthcare
Dianthus Therapeutics, Inc.
$83,068,9470.0%852,1640.4%COM
Structure Therapeutics Inc. Sponsored ADR stock logo
GPCR
Structure Therapeutics
$76,883,8310.0%1,432,5290.4%Healthcare
Celcuity Inc.
$69,158,6870.0%30,750,0000.3%Note 2.75% 8/1/2031
Rapport Therapeutics, Inc.
$64,467,2400.0%1,547,0900.3%COM
Alumis Inc.
$56,631,7500.0%2,012,5000.3%COM
Prelude Therapeutics Incorporated stock logo
PRLD
Prelude Therapeutics
$53,959,9820.0%10,123,8240.3%Healthcare
Relay Therapeutics, Inc. stock logo
RLAY
Relay Therapeutics
$52,889,110$31,183,321 143.7%2,826,7830.3%Healthcare
Mirum Pharmaceuticals, Inc. stock logo
MIRM
Mirum Pharmaceuticals
$52,210,2930.0%445,9750.3%Healthcare
Bicycle Therapeutics PLC Sponsored ADR stock logo
BCYC
Bicycle Therapeutics
$46,153,9140.0%10,885,3570.2%Healthcare
Enliven Therapeutics, Inc. stock logo
ELVN
Enliven Therapeutics
$45,938,4430.0%905,1910.2%Healthcare
Celldex Therapeutics, Inc. stock logo
CLDX
Celldex Therapeutics
$44,004,955$19,246,537 77.7%1,182,6110.2%Healthcare
Viridian Therapeutics, Inc. stock logo
VRDN
Viridian Therapeutics
$43,776,169$7,556,444 20.9%2,383,0250.2%Healthcare
Design Therapeutics, Inc. stock logo
DSGN
Design Therapeutics
$38,756,882$1,337,780 3.6%2,678,4300.2%Healthcare
Entrada Therapeutics, Inc. stock logo
TRDA
Entrada Therapeutics
$37,335,2930.0%5,072,7300.2%Healthcare
Faeth Therapeutics, Inc.
$32,160,275$32,160,275 New Holding1,286,4110.2%COM
Aktis Oncology, Inc.
$32,112,3930.0%996,3510.2%COM
Neurogene Inc.
$31,188,6820.0%991,6910.2%COM
Jade Biosciences, Inc.
$27,340,066$9,125,999 -25.0%1,230,4260.1%COM
Taysha Gene Therapies, Inc. stock logo
TSHA
Taysha Gene Therapies
$27,272,3880.0%4,004,7560.1%Healthcare
Arcus Biosciences, Inc. stock logo
RCUS
Arcus Biosciences
$26,045,677$13,232,082 103.3%844,8160.1%Healthcare
Disc Medicine, Inc. stock logo
IRON
Disc Medicine
$25,573,9130.0%349,6570.1%Healthcare
Absci Corporation stock logo
ABSI
Absci
$24,742,3670.0%2,134,8030.1%Healthcare
Generate Biomedicines, Inc.
$24,016,1660.0%1,423,6020.1%COM SHS
DBV Technologies S.A.
$23,967,3700.0%1,461,4250.1%SPONSORED ADS
Xenon Pharmaceuticals Inc. stock logo
XENE
Xenon Pharmaceuticals
$22,345,7550.0%370,2080.1%Healthcare
Tectonic Therapeutic, Inc.
$20,892,7130.0%607,7880.1%COM
Cerus Corporation stock logo
CERS
Cerus
$18,674,659$10,549,709 -36.1%6,395,4310.1%Healthcare
CytomX Therapeutics, Inc. stock logo
CTMX
CytomX Therapeutics
$18,659,3480.0%4,975,8260.1%Healthcare
Dyne Therapeutics, Inc.
$18,066,7020.0%813,4490.1%COM
Cytokinetics, Incorporated stock logo
CYTK
Cytokinetics
$17,997,836$17,997,836 New Holding211,2670.1%Healthcare
Xencor, Inc. stock logo
XNCR
Xencor
$17,743,9070.0%1,102,1060.1%Healthcare
Sionna Therapeutics, Inc.
$17,596,0000.0%400,0000.1%COM
Intellia Therapeutics, Inc. stock logo
NTLA
Intellia Therapeutics
$15,739,525$15,739,525 New Holding930,2320.1%Healthcare
Parabilis Medicines, Inc.
$13,685,000$13,685,000 New Holding500,0000.1%COM
MapLight Therapeutics, Inc.
$13,071,0270.0%364,7050.1%COM
Avalyn Pharma Inc.
$11,522,000$11,522,000 New Holding350,0000.1%COM SHS
Evommune, Inc.
$11,261,8130.0%847,3900.1%COM SHS
BioNTech SE Sponsored ADR stock logo
BNTX
BioNTech
$11,142,0860.0%119,7430.1%Healthcare
Tango Therapeutics, Inc. stock logo
TNGX
Tango Therapeutics
$10,419,990$10,419,990 New Holding333,3330.1%Healthcare
Avalo Therapeutics, Inc.
$10,164,000$10,164,000 New Holding550,0000.1%COM
Sera Prognostics, Inc. stock logo
SERA
Sera Prognostics
$10,006,6690.0%5,498,1700.1%Healthcare
Verastem, Inc. stock logo
VSTM
Verastem
$9,547,471$7,313,699 327.4%2,499,3380.0%Healthcare
Sagimet Biosciences Inc.
$7,366,6590.0%952,9960.0%COM SER A
Eikon Therapeutics, Inc.
$7,249,9930.0%555,5550.0%COM
LB Pharmaceuticals Inc.
$6,491,0000.0%200,0000.0%COM SHS
vTv Therapeutics, Inc.
$5,584,0220.0%148,3140.0%CL A
WAVE Life Sciences Ltd. stock logo
WVE
WAVE Life Sciences
$4,779,5270.0%822,6380.0%Healthcare
Protara Therapeutics, Inc. stock logo
TARA
Protara Therapeutics
$3,711,5650.0%971,6140.0%Healthcare
TScan Therapeutics, Inc. stock logo
TCRX
TScan Therapeutics
$2,729,3750.0%2,784,7920.0%Healthcare
Immunome, Inc. stock logo
IMNM
Immunome
$1,171,934$1,171,934 New Holding55,3060.0%Healthcare
Skye Bioscience, Inc.
$1,092,1160.0%1,575,2430.0%COM
Sana Biotechnology, Inc. stock logo
SANA
Sana Biotechnology
$1,083,5860.0%310,4830.0%Healthcare
Aligos Therapeutics, Inc.
$479,2270.0%83,0550.0%COM
Tyra Biosciences, Inc. stock logo
TYRA
Tyra Biosciences
$338,7880.0%10,6070.0%Healthcare
SRZNW
Surrozen
$13,7500.0%833,3330.0%Healthcare
Abivax S.A.
$0$97,519,885 -100.0%00.0%SPONSORED ADS
Spyre Therapeutics, Inc.
$0$50,440,000 -100.0%00.0%COM
Centessa Pharmaceuticals PLC Sponsored ADR stock logo
CNTA
Centessa Pharmaceuticals
$0$26,642,230 -100.0%00.0%Healthcare
Immunocore Holdings PLC Sponsored ADR stock logo
IMCR
Immunocore
$0$22,142,070 -100.0%00.0%Healthcare
Contineum Therapeutics, Inc.
$0$18,556,144 -100.0%00.0%CL A
argenex SE stock logo
ARGX
argenex
$0$18,383,314 -100.0%00.0%Healthcare
Compass Pathways PLC Sponsored ADR stock logo
CMPS
Compass Pathways
$0$12,966,302 -100.0%00.0%Healthcare
Pharvaris N.V. stock logo
PHVS
Pharvaris
$0$10,593,750 -100.0%00.0%Healthcare

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