BAKER BROS. ADVISORS LP — INCYTE CORPORATION INCY: Quarterly 13F Position History
BAKER BROS. ADVISORS LP has reported INCYTE CORPORATION (INCY) on 41 13F-HR filings in Pactolio's tracked window, first appearing in Q1 2016. As of Q1 2026, the position is sized at 30,744,412 shares ($2.89B market value, 16.62% of the equity book). Quarter-over-quarter share count change: + 421 (+0.0%) .
- 30,744,412Shares Held (Latest Filing)
- $2.89BReported Market Value (Latest Filing)
- 16.62%Portfolio Weight (% of 13F Equity Book)
- +421Quarter-over-Quarter Share Change
- -$142.9MQuarter-over-Quarter Value Change
- 36,179,665Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 41 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 30,744,412 | +421 | +0.0% | $2.89B | 16.62% | $94.12 |
| Q4 2025 | 30,743,991 | +328 | +0.0% | $3.04B | 17.78% | $98.77 |
| Q3 2025 | 30,743,663 | +388 | +0.0% | $2.61B | 18.84% | $84.81 |
| Q2 2025 | 30,743,275 | +3,322 | +0.0% | $2.09B | 20.31% | $68.10 |
| Q1 2025 | 30,739,953 | +487 | +0.0% | $1.86B | 20.60% | $60.55 |
| Q4 2024 | 30,739,466 | +446 | +0.0% | $2.12B | 22.68% | $69.07 |
| Q3 2024 | 30,739,020 | +496 | +0.0% | $2.03B | 21.06% | $66.10 |
| Q2 2024 | 30,738,524 | 5,441,141 | -15.0% | $1.86B | 23.81% | $60.62 |
| Q1 2024 | 36,179,665 | +543 | +0.0% | $2.06B | 25.86% | $56.97 |
| Q4 2023 | 36,179,122 | +556 | +0.0% | $2.27B | 25.85% | $62.79 |
| Q3 2023 | 36,178,566 | +510 | +0.0% | $2.09B | 12.05% | $57.77 |
| Q2 2023 | 36,178,056 | +2,656 | +0.0% | $2.25B | 13.03% | $62.25 |
| Q1 2023 | 36,175,400 | +20,429 | +0.1% | $2.61B | 14.22% | $72.27 |
| Q4 2022 | 36,154,971 | +397 | +0.0% | $2.90B | 17.44% | $80.32 |
| Q3 2022 | 36,154,574 | +457 | +0.0% | $2.41B | 15.78% | $66.64 |
| Q2 2022 | 36,154,117 | +433 | +0.0% | $2.75B | 15.58% | $75.97 |
| Q1 2022 | 36,153,684 | +2,535,621 | +7.5% | $2.87B | 16.50% | $79.42 |
| Q4 2021 | 33,618,063 | +1,595,938 | +5.0% | $2.47B | 12.01% | $73.40 |
| Q3 2021 | 32,022,125 | +393 | +0.0% | $2.20B | 9.67% | $68.78 |
| Q2 2021 | 32,021,732 | +20,345 | +0.1% | $2.69B | 11.83% | $84.13 |
| Q1 2021 | 32,001,387 | +1,646 | +0.0% | $2.60B | 11.28% | $81.27 |
| Q4 2020 | 31,999,741 | +343 | +0.0% | $2.78B | 10.49% | $86.98 |
| Q3 2020 | 31,999,398 | +317 | +0.0% | $2.87B | 11.47% | $89.74 |
| Q2 2020 | 31,999,081 | +20,296 | +0.1% | $3.33B | 14.67% | $103.97 |
| Q1 2020 | 31,978,785 | +1,912 | +0.0% | $2.34B | 14.42% | $73.23 |
| Q4 2019 | 31,976,873 | +316 | +0.0% | $2.79B | 14.84% | $87.32 |
| Q3 2019 | 31,976,557 | +364 | +0.0% | $2.37B | 16.15% | $74.23 |
| Q2 2019 | 31,976,193 | 2,295,634 | -6.7% | $2.72B | 18.46% | $84.96 |
| Q1 2019 | 34,271,827 | +20,220 | +0.1% | $2.95B | 18.87% | $86.01 |
| Q4 2018 | 34,251,607 | +298 | +0.0% | $2.18B | 17.83% | $63.59 |
| Q3 2018 | 34,251,309 | +275 | +0.0% | $2.37B | 15.59% | $69.08 |
| Q2 2018 | 34,251,034 | +20,283 | +0.1% | $2.29B | 17.24% | $67.00 |
| Q1 2018 | 34,230,751 | +228 | +0.0% | $2.85B | 24.18% | $83.33 |
| Q4 2017 | 34,230,523 | +200 | +0.0% | $3.24B | 28.10% | $94.71 |
| Q3 2017 | 34,230,323 | +100,162 | +0.3% | $4.00B | 32.41% | $116.74 |
| Q2 2017 | 34,130,161 | +20,150 | +0.1% | $4.30B | 37.57% | $125.91 |
| Q1 2017 | 34,110,011 | +10,610,924 | +45.2% | $4.56B | 37.31% | $133.67 |
| Q4 2016 | 23,499,087 | +189 | +0.0% | $2.36B | 23.10% | $100.27 |
| Q3 2016 | 23,498,898 | +201 | +0.0% | $2.22B | 20.11% | $94.29 |
| Q2 2016 | 23,498,697 | +237 | +0.0% | $1.88B | 19.70% | $79.98 |
| Q1 2016 | 23,498,460 | — | — | $1.70B | 17.96% | $72.47 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did BAKER BROS. ADVISORS LP first disclose a INCY position in 13F-HR filings?
BAKER BROS. ADVISORS LP first reported INCYTE CORPORATION (INCY) on its 13F-HR filing for the period ending 2016-03-31 (Q1 2016). The position has appeared on 41 reported quarters within Pactolio's tracked window.
What was BAKER BROS. ADVISORS LP's most recent quarter-over-quarter share-count change in INCY?
Between Q4 2025 and Q1 2026, BAKER BROS. ADVISORS LP added 421 shares of INCY (+0.0%), bringing the total reported position to 30,744,412 shares at a market value of $2.89B.
Does the implied price-per-share represent BAKER BROS. ADVISORS LP's cost basis in INCY?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.