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Baker Bros. Advisors LP

SEC CIK
0001263508
Latest filing
Aug 14, 2026

Holdings in Q1 2022

Holdings as of Mar 31, 2022, filed May 16, 2022. Long positions only; changes compare share counts with Q4 2021.

Institution overview
Positions
118
−3 vs. Q4 2021
Portfolio value
$17.4B
−$3.15B (−15.3%) vs. Q4 2021
Filed
May 16, 2022
SEC
Holdings of Baker Bros. Advisors LP in Q1 2022
SecurityClassSharesValue% of portfolioShare changeActionHistory
SGENSeagen Inc.COM46,912,266$6.76B38.8%+18,9020.0%AddedHistory
INCYIncyte CorpCOM36,153,684$2.87B16.5%+2,535,621+7.5%AddedHistory
ONCBeOne Medicines Ltd.ADR11,668,897$2.20B12.6%00.0%UnchangedHistory
ACADAcadia Pharmaceuticals IncCOM41,910,704$1.02B5.8%00.0%UnchangedHistory
BMRNBiomarin Pharmaceutical IncCOM7,620,494$587.5M3.4%00.0%UnchangedHistory
ASNDAscendis Pharma A/SSPONSORED ADR4,541,604$533.0M3.1%00.0%UnchangedHistory
ARGXArgenx SESPONSORED ADR1,119,557$353.0M2.0%00.0%UnchangedHistory
BCRXBiocryst Pharmaceuticals IncCOM12,710,818$206.7M1.2%00.0%UnchangedHistory
MDGLMadrigal Pharmaceuticals, Inc.COM1,499,213$147.1M0.8%00.0%UnchangedHistory
KODKodiak Sciences Inc.COM15,931,045$123.0M0.7%+1,249,741+8.5%AddedHistory
MRTXMirati Therapeutics, Inc.COM1,409,784$115.9M0.7%00.0%UnchangedHistory
GBTGlobal Blood Therapeutics, Inc.COM3,314,765$114.8M0.7%00.0%UnchangedHistory
ABCLAbCellera Biologics Inc.COM10,450,180$101.9M0.6%00.0%UnchangedHistory
KYMRKymera Therapeutics, Inc.COM2,384,742$100.9M0.6%00.0%UnchangedHistory
HZNPHorizon Therapeutics Public Ltd CoSHS898,842$94.6M0.5%+299,732+50.0%AddedHistory
TVTXTravere Therapeutics, Inc.COM3,300,009$85.0M0.5%+630,955+23.6%AddedHistory
IGMSIGM Biosciences, Inc.COM3,156,102$84.4M0.5%00.0%UnchangedHistory
NVTAInvitae CorpCOM9,873,488$78.7M0.5%00.0%UnchangedHistory
IMCRImmunocore Holdings plcADS2,520,730$75.4M0.4%00.0%UnchangedHistory
CERSCerus CorpCOM13,713,195$75.3M0.4%00.0%UnchangedHistory
LEGNLegend Biotech CorpSPONSORED ADS2,008,999$73.0M0.4%−480,004−19.3%ReducedHistory
PRLDPrelude Therapeutics IncCOM10,123,824$69.9M0.4%00.0%UnchangedHistory
AMRNAmarin Corp PLCSPONS ADR NEW21,169,805$69.6M0.4%00.0%UnchangedHistory
NBIXNeurocrine Biosciences IncStock676,975$63.5M0.4%00.0%UnchangedHistory
MRUSMerus N.V.COM2,037,469$53.9M0.3%00.0%UnchangedHistory
KRYSKrystal Biotech, Inc.COM807,735$53.7M0.3%00.0%UnchangedHistory
INSMINSMED IncCOM PAR $.012,156,001$50.7M0.3%00.0%UnchangedHistory
PACBPacific Biosciences of California, Inc.COM5,444,963$49.5M0.3%00.0%UnchangedHistory
RYTMRhythm Pharmaceuticals, Inc.COM4,125,062$47.5M0.3%+261,823+6.8%AddedHistory
HRTXHeron Therapeutics, Inc.COM8,131,678$46.5M0.3%00.0%UnchangedHistory
TRDAEntrada Therapeutics, Inc.COM4,704,419$44.2M0.3%00.0%UnchangedHistory
TILInstil Bio, Inc.COM3,893,700$41.9M0.2%00.0%UnchangedHistory
ALKSAlkermes plc.SHS1,500,000$39.5M0.2%00.0%UnchangedHistory
INSMED Inc457669AB5NOTE 0.750% 6/0–$38.6M0.2%–––
Sarepta Therapeutics, Inc.803607AB6DBCV 1.500%11/1–$38.4M0.2%–––
KDNYChinook Therapeutics, Inc.COM2,334,102$38.2M0.2%00.0%UnchangedHistory
VSTMVerastem, Inc.COM26,988,898$38.1M0.2%+5,497,268+25.6%AddedHistory
JBIOJade Biosciences, Inc.COM2,070,010$37.9M0.2%+238,221+13.0%AddedHistory
IMTXImmatics N.V.SHS4,423,731$35.3M0.2%00.0%UnchangedHistory
TSVT2seventy bio, Inc.COMMON STOCK2,062,744$35.2M0.2%+1,229,508+147.6%AddedHistory
NRIXNurix Therapeutics, Inc.COM2,454,082$34.4M0.2%00.0%UnchangedHistory
VERVVerve Therapeutics, Inc.COM1,416,530$32.3M0.2%00.0%UnchangedHistory
RAREUltragenyx Pharmaceutical Inc.COM444,444$32.3M0.2%00.0%UnchangedHistory
KNSAKiniksa Pharmaceuticals International, plcCOM CL A2,799,577$27.8M0.2%00.0%UnchangedHistory
REPLReplimune Group, Inc.COM1,611,703$27.4M0.2%+1,018,308+171.6%AddedHistory
AXSMAxsome Therapeutics, Inc.COM610,970$25.3M0.1%00.0%UnchangedHistory
DBVTDBV Technologies S.A.SPONSORED ADR14,614,264$23.2M0.1%00.0%UnchangedHistory
DSGNDesign Therapeutics, Inc.COM1,436,636$23.2M0.1%00.0%UnchangedHistory
ChemoCentryx, Inc.16383L106COM916,862$23.0M0.1%−714,404−43.8%Reduced–
XENEXenon Pharmaceuticals Inc.COM751,639$23.0M0.1%00.0%UnchangedHistory
Affimed N VN01045108COM5,153,169$22.5M0.1%+2,500,000+94.2%Added–
ADAPYAdaptimmune Therapeutics PLCSPONDS ADR9,830,877$20.3M0.1%00.0%UnchangedHistory
FMTXForma Therapeutics Holdings, Inc.SHS2,024,876$18.8M0.1%00.0%UnchangedHistory
OTICOtonomy, Inc.COM7,844,692$18.8M0.1%00.0%UnchangedHistory
CYVNYOpthea LtdSPONSORED ADS2,696,191$18.5M0.1%−500,000−15.6%ReducedHistory
CRNXCrinetics Pharmaceuticals, Inc.COM827,480$18.2M0.1%00.0%UnchangedHistory
TCDATricida, Inc.COM1,731,714$14.2M0.1%+446,700+34.8%AddedHistory
RLMDRelmada Therapeutics, Inc.COM495,113$13.4M0.1%00.0%UnchangedHistory
FLGTFulgent Genetics, Inc.COM201,444$12.6M0.1%00.0%UnchangedHistory
BLUEbluebird bio, Inc.COM2,499,715$12.1M0.1%00.0%UnchangedHistory
DICEDICE Therapeutics, Inc.COM588,235$11.3M0.1%00.0%UnchangedHistory
BCELAtreca, Inc.CL A COM3,532,760$11.2M0.1%00.0%UnchangedHistory
ZYMEZymeworks Inc.COM1,708,472$11.2M0.1%00.0%UnchangedHistory
LONALeonaBio, Inc.COM806,367$10.9M0.1%00.0%UnchangedHistory
TLISTalis Biomedical CorpCOM7,624,835$10.8M0.1%00.0%UnchangedHistory
ANABAnaptysbio, IncCOM427,179$10.6M0.1%00.0%UnchangedHistory
CNTACentessa Pharmaceuticals plcSPONSORED ADS1,127,273$10.1M0.1%00.0%UnchangedHistory
SRPTSarepta Therapeutics, Inc.COM123,456$9.64M0.1%00.0%UnchangedHistory
KRTXKaruna Therapeutics, Inc.COM69,966$8.87M0.1%00.0%UnchangedHistory
Invitae Corp46185LAB9NOTE 2.000% 9/0–$8.38M<0.1%–––
SYRESpyre Therapeutics, Inc.COM3,410,106$7.84M<0.1%00.0%UnchangedHistory
VERAVera Therapeutics, Inc.CL A333,333$7.83M<0.1%+333,333NewHistory
Achilles Therapeutics PLC00449L102SPONSORED ADS2,591,366$7.62M<0.1%00.0%Unchanged–
SRZNSurrozen, Inc.COM2,500,000$7.53M<0.1%00.0%UnchangedHistory
RETAReata Pharmaceuticals IncCL A223,976$7.34M<0.1%00.0%UnchangedHistory
NGNENeurogene Inc.COM3,821,740$7.18M<0.1%00.0%UnchangedHistory
KYNBKyntra Bio, Inc.COM581,750$6.99M<0.1%+1,600+0.3%AddedHistory
BMEABiomea Fusion, Inc.COM1,551,445$6.92M<0.1%+1,026,828+195.7%AddedHistory
CBAYCymaBay Therapeutics, Inc.COM2,170,464$6.75M<0.1%00.0%UnchangedHistory
ALTAltimmune, Inc.COM NEW1,072,038$6.53M<0.1%00.0%UnchangedHistory
HRMYHarmony Biosciences Holdings, Inc.COM123,600$6.01M<0.1%00.0%UnchangedHistory
TNGXTango Therapeutics, Inc.COM750,000$5.68M<0.1%00.0%UnchangedHistory
RVMDRevolution Medicines, Inc.COM222,222$5.67M<0.1%00.0%UnchangedHistory
HOOKHOOKIPA Pharma Inc.COM2,400,481$5.47M<0.1%+1,700,000+242.7%AddedHistory
EWTXEdgewise Therapeutics, Inc.COM500,000$4.85M<0.1%00.0%UnchangedHistory
ITOSiTeos Therapeutics, Inc.COM150,346$4.84M<0.1%00.0%UnchangedHistory
ALGSAligos Therapeutics, Inc.COM2,076,400$4.46M<0.1%00.0%UnchangedHistory
NGMNGM Biopharmaceuticals IncCOM291,801$4.45M<0.1%00.0%UnchangedHistory
KURAKura Oncology, Inc.COM274,458$4.41M<0.1%−29,700−9.8%ReducedHistory
BCABBioAtla, Inc.COM825,000$4.13M<0.1%00.0%UnchangedHistory
ALLKAllakos Inc.COM703,050$4.01M<0.1%00.0%UnchangedHistory
TCRXTScan Therapeutics, Inc.COM1,425,000$3.99M<0.1%00.0%UnchangedHistory
MGNXMacrogenics IncCOM442,579$3.90M<0.1%00.0%UnchangedHistory
NVAXNovavax IncCOM NEW48,168$3.55M<0.1%00.0%UnchangedHistory
ALECAlector, Inc.COM239,228$3.41M<0.1%00.0%UnchangedHistory
ATYRaTYR PHARMA INCCOM NEW625,000$3.34M<0.1%00.0%UnchangedHistory
CYTCyteir Therapeutics, Inc.COM812,640$3.06M<0.1%00.0%UnchangedHistory
DNLIDenali Therapeutics Inc.COM88,738$2.85M<0.1%00.0%UnchangedHistory
KZRKezar Life Sciences, Inc.COM139,676$2.32M<0.1%00.0%UnchangedHistory
TCRRTCR2 Therapeutics Inc.COM753,064$2.08M<0.1%00.0%UnchangedHistory

Sold out since Q4 2021 (5)

Positions held at the end of Q4 2021 that are gone from this filing.

Positions of Baker Bros. Advisors LP sold out since Q4 2021
SecurityClassShares in Q4 2021Value in Q4 2021% of portfolio in Q4 2021History
Apellis Pharmaceuticals, Inc.03753UAB2NOTE 3.500% 9/1–$48.0M0.2%–
Tricida, Inc.89610FAB7NOTE 3.500% 5/1–$14.8M0.1%–
ALBOAlbireo Pharma, Inc.COM104,521$2.43M<0.1%History
GMDAGamida Cell Ltd.SHS610,626$1.55M<0.1%History
EVFMEvofem Biosciences, Inc.COM2,697,110$1.01M<0.1%History