BAKER BROS. ADVISORS LP Q1 2025 Filing

Filed May 15, 2025

Portfolio Value

$9.0T

Holdings

89

Report Date

Q1 2025

Filing Type

13F-HR

All Holdings (89 positions)

#StockSharesValue% PortfolioType
1
ONCBeiGene, Ltd.
8,799,053$2.4T26.50%
2
INCYIncyte Corporation
30,739,953$1.9T20.60%
3
ACADACADIA Pharmaceuticals Inc.
42,877,916$712.2B7.88%
4
MDGLMadrigal Pharmaceuticals, Inc.
1,974,590$654.0B7.24%
5
SMMTSummit Therapeutics Inc.
24,424,865$471.2B5.21%
6
IM8NInsmed Incorporated
5,380,626$410.5B4.54%
7
RYTMRhythm Pharmaceuticals, Inc.
5,604,483$296.9B3.29%
8
RVMDRevolution Medicines, Inc.
7,936,972$280.7B3.11%
9
KYMRKymera Therapeutics, Inc.
5,995,929$164.1B1.82%
10
ALKSAlkermes plc
4,483,285$148.0B1.64%
11
EWTXEdgewise Therapeutics, Inc.
6,155,940$135.4B1.50%
12
REPLReplimune Group, Inc.
11,045,336$107.7B1.19%
13
INSM 0.75 06/01/28Insmed Incorporated
42,850,000$101.6B1.12%
14
IMVTImmunovant, Inc.
5,457,881$93.3B1.03%
15
BCYCBicycle Therapeutics plc
10,885,357$92.4B1.02%
16
IMCRImmunocore Holdings plc
2,322,656$68.9B0.76%
17
KNSAKiniksa Pharmaceuticals International, plc
2,818,323$62.6B0.69%
18
ABCLAbCellera Biologics Inc.
27,525,640$61.4B0.68%
19
RAREUltragenyx Pharmaceutical Inc.
1,576,114$57.1B0.63%
20
DNLIDenali Therapeutics Inc.
3,731,695$50.7B0.56%
21
KODKodiak Sciences Inc.
17,310,490$48.6B0.54%
22
NRIXNurix Therapeutics, Inc.
3,882,125$46.1B0.51%
23
ARGXargenx SE
77,760$46.0B0.51%
24
TRDAEntrada Therapeutics, Inc.
4,865,819$44.0B0.49%
25
CELCCelcuity Inc.
4,257,735$43.0B0.48%
26
GRALGRAIL, Inc.
1,630,125$41.6B0.46%
27
ROIVRoivant Sciences Ltd.
3,767,773$38.0B0.42%
28
IMTXImmatics N.V.
7,275,830$32.8B0.36%
29
STOKStoke Therapeutics, Inc.
4,633,838$30.8B0.34%
30
CERSCerus Corporation
19,351,087$26.9B0.30%
31
PCVXVaxcyte, Inc.
640,885$24.2B0.27%
32
GLUEMonte Rosa Therapeutics, Inc.
4,916,095$22.8B0.25%
33
CRSPCRISPR Therapeutics AG
654,099$22.3B0.25%
34
AKROAkero Therapeutics, Inc.
548,713$22.2B0.25%
35
SERASera Prognostics, Inc.
5,498,170$20.2B0.22%
36
CNTACentessa Pharmaceuticals plc
1,227,178$17.6B0.20%
37
NGNENeurogene Inc.
1,486,200$17.4B0.19%
38
IDYAIDEAYA Biosciences, Inc.
1,062,123$17.4B0.19%
39
VRNAVerona Pharma plc
223,843$14.2B0.16%
40
CADLCandel Therapeutics, Inc.
2,437,189$13.8B0.15%
41
PRAXPraxis Precision Medicines, Inc.
331,533$12.6B0.14%
42
TSVT*2seventy bio, Inc.
2,497,526$12.3B0.14%
43
XENEXenon Pharmaceuticals Inc.
347,408$11.7B0.13%
44
BCAXBicara Therapeutics Inc.
833,333$10.9B0.12%
45
ISIIonis Pharmaceuticals, Inc.
357,915$10.8B0.12%
46
DBVTDBV Technologies S.A.
1,461,425$10.0B0.11%
47
ALMSAlumis Inc.
1,562,500$9.6B0.11%
48
MRUSMerus N.V.
223,500$9.4B0.10%
49
PRLDPrelude Therapeutics Inc.
10,123,824$7.8B0.09%
50
VERVVerve Therapeutics, Inc.
1,691,530$7.7B0.09%
51
RCKTRocket Pharmaceuticals, Inc.
1,097,079$7.3B0.08%
52
XNCRXencor, Inc.
670,431$7.1B0.08%
53
DYNDyne Therapeutics, Inc.
672,096$7.0B0.08%
54
KALAKALA BIO, Inc.
1,201,894$6.9B0.08%
55
DSGNDesign Therapeutics, Inc.
1,743,725$6.7B0.07%
56
GPCRStructure Therapeutics Inc.
361,565$6.3B0.07%
57
TSHATaysha Gene Therapies, Inc.
4,004,756$5.6B0.06%
58
RGLSRegulus Therapeutics Inc.
2,694,044$4.7B0.05%
59
1K0IGM Biosciences, Inc.
4,095,257$4.7B0.05%
60
NTLAIntellia Therapeutics, Inc.
644,116$4.6B0.05%
61
TCE2Celldex Therapeutics, Inc.
247,644$4.5B0.05%
62
SIONSionna Therapeutics, Inc.
400,000$4.2B0.05%
63
BNTXBioNTech SE
45,031$4.1B0.05%
64
TCRXTScan Therapeutics, Inc.
2,784,792$3.8B0.04%
65
IRONDisc Medicine, Inc.
77,050$3.8B0.04%
66
VIRVir Biotechnology, Inc.
542,539$3.5B0.04%
67
SANASana Biotechnology, Inc.
2,030,949$3.4B0.04%
68
SGMTSagimet Biosciences Inc.
952,996$3.1B0.03%
69
RLAYRelay Therapeutics, Inc.
1,160,117$3.0B0.03%
70
WVEWave Life Sciences Ltd.
344,063$2.8B0.03%
71
FATEFate Therapeutics, Inc.
3,258,402$2.6B0.03%
72
SKYESkye Bioscience, Inc.
1,450,638$2.3B0.03%
73
TARAProtara Therapeutics, Inc.
536,832$2.3B0.03%
74
ELVNEnliven Therapeutics, Inc.
114,833$2.3B0.03%
75
CTNMContineum Therapeutics, Inc.
312,500$2.2B0.02%
76
PRMEPrime Medicine, Inc.
1,028,466$2.0B0.02%
77
TECXTectonic Therapeutic, Inc.
100,000$1.8B0.02%
78
VTVTvTv Therapeutics, Inc.
97,314$1.7B0.02%
79
CMPXCompass Therapeutics, Inc.
547,498$1.0B0.01%
80
NMRANeumora Therapeutics, Inc.
1,034,600$1.0B0.01%
81
HOOKHOOKIPA Pharma Inc.
812,814$877.8M0.01%
82
GBIOGBXGeneration Bio Co.
1,944,945$787.7M0.01%
83
ALGSAligos Therapeutics, Inc.
83,055$685.2M0.01%
84
CYPHLeap Therapeutics, Inc.
404,744$123.5M0.00%
85
IPSCCentury Therapeutics, Inc.
241,684$115.0M0.00%
86
TYRATyra Biosciences, Inc.
10,607$98.6M0.00%
87
ACRVAcrivon Therapeutics, Inc.
22,809$46.3M0.00%
88
SRZNWSurrozen, Inc.
833,333$25.0M0.00%
89
OPTEYOpthea Limited
2,087,320$00.00%