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629 hedge funds and large institutions have $11.5B invested in Incyte in 2025 Q1 according to their latest regulatory filings, with 73 funds opening new positions, 259 increasing their positions, 222 reducing their positions, and 83 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more call options, than puts

Call options by funds: $47.5M | Put options by funds: $30.3M

17% more repeat investments, than reductions

Existing positions increased: 259 | Existing positions reduced: 222

3.52% more ownership

Funds ownership: 94.81%98.33% (+3.5%)

3% less funds holding

Funds holding: 649629 (-20)

9% less capital invested

Capital invested by funds: $12.6B → $11.5B (-$1.1B)

12% less first-time investments, than exits

New positions opened: 73 | Existing positions closed: 83

50% less funds holding in top 10

Funds holding in top 10: 84 (-4)

Holders
629
Holders Change
-20
Holders Change %
-3.08%
% of All Funds
8.43%
Holding in Top 10
4
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-50%
% of All Funds
0.05%
New
73
Increased
259
Reduced
222
Closed
83
Calls
$47.5M
Puts
$30.3M
Net Calls
+$17.2M
Net Calls Change
-$14.4M
Name Holding Trade Value Shares
Change
Change in
Stake
BBA
1
Baker Bros. Advisors
New York
$1.86B +$34K +487 +0%
Vanguard Group
2
Vanguard Group
Pennsylvania
$1.21B +$29.1M +417,346 +2%
BlackRock
3
BlackRock
New York
$1.06B +$64.3M +922,624 +6%
Dodge & Cox
4
Dodge & Cox
California
$900M -$3.86M -55,305 -0.4%
State Street
5
State Street
Massachusetts
$608M +$302K +4,324 +0%
AQR Capital Management
6
AQR Capital Management
Connecticut
$406M +$225M +3,233,356 +92%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$254M +$11.7M +167,905 +4%
Renaissance Technologies
8
Renaissance Technologies
New York
$225M -$26.3M -377,200 -9%
LSV Asset Management
9
LSV Asset Management
Illinois
$220M +$11.9M +170,484 +5%
Invesco
10
Invesco
Georgia
$192M +$8.41M +120,543 +4%
Morgan Stanley
11
Morgan Stanley
New York
$183M +$13.4M +192,769 +7%
Acadian Asset Management
12
Acadian Asset Management
Massachusetts
$152M +$69.4M +994,609 +66%
BG
13
Bellevue Group
Switzerland
$127M -$4.58M -65,698 -3%
Northern Trust
14
Northern Trust
Illinois
$103M +$717K +10,279 +0.6%
Charles Schwab
15
Charles Schwab
California
$102M +$2.72M +38,962 +2%
AC
16
Armistice Capital
New York
$101M -$6.72M -96,367 -5%
UBS AM
17
UBS AM
Illinois
$95.9M +$3.27M +46,878 +3%
Fidelity Investments
18
Fidelity Investments
Massachusetts
$90.6M +$30.2M +433,468 +41%
SSM
19
Sound Shore Management
Connecticut
$90.5M +$20.5M +293,749 +24%
Legal & General Group
20
Legal & General Group
United Kingdom
$88M +$20.6M +295,408 +26%
Jacobs Levy Equity Management
21
Jacobs Levy Equity Management
New Jersey
$84.7M +$35.3M +506,484 +57%
Robeco Institutional Asset Management
22
Robeco Institutional Asset Management
Netherlands
$84.2M +$9.09M +130,320 +10%
Norges Bank
23
Norges Bank
Norway
$82.1M -$28.5M -408,048 -23%
Dimensional Fund Advisors
24
Dimensional Fund Advisors
Texas
$80.7M +$535K +7,670 +0.6%
UBS Group
25
UBS Group
Switzerland
$80.2M +$35.9M +514,187 +63%

INCY Hedge Fund Activity: Q1 2025 in Review

629 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Incyte (INCY) for Q1 2025, worth a combined $11.5B — down 8.7% from $12.6B a quarter earlier.

Sellers outnumbered buyers: 83 funds closed out of INCY and 73 opened new positions — a net loss of 10 holders — while 222 trimmed existing stakes and 259 added.

The largest buyer was AQR Capital Management, adding an estimated $225M. The largest seller was Point72 Asset Management, cutting an estimated $65.3M.

  • 629 institutional investors held Incyte (INCY) as of Q1 2025, down from 649 in Q4 2024.
  • Funds reported $11.5B of Incyte stock for Q1 2025, down 8.7% quarter-over-quarter.
  • 73 funds opened new Incyte positions in Q1 2025 and 83 closed out, a net change of -10 holders.
  • The largest Incyte buyer in Q1 2025 was AQR Capital Management, an estimated $225M added.
  • The largest Incyte seller in Q1 2025 was Point72 Asset Management, an estimated $65.3M sold.

Based on aggregated 13F filings for Q1 2025.