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712 hedge funds and large institutions have $16.8B invested in Incyte in 2025 Q3 according to their latest regulatory filings, with 126 funds opening new positions, 261 increasing their positions, 236 reducing their positions, and 63 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 126 | Existing positions closed: 63

26% more capital invested

Capital invested by funds: $13.4B → $16.8B (+$3.42B)

11% more repeat investments, than reductions

Existing positions increased: 261 | Existing positions reduced: 236

8% more funds holding

Funds holding: 657712 (+55)

5% more call options, than puts

Call options by funds: $59.1M | Put options by funds: $56.5M

0% less ownership

Funds ownership: 101.61%101.61% (-0%)

14% less funds holding in top 10

Funds holding in top 10: 76 (-1)

Holders
712
Holders Change
+55
Holders Change %
+8.37%
% of All Funds
9.35%
Holding in Top 10
6
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-14.29%
% of All Funds
0.08%
New
126
Increased
261
Reduced
236
Closed
63
Calls
$59.1M
Puts
$56.5M
Net Calls
+$2.62M
Net Calls Change
-$14.7M
Name Holding Trade Value Shares
Change
Change in
Stake
BBA
1
Baker Bros. Advisors
New York
$2.61B +$30.7K +388 +0%
Vanguard Group
2
Vanguard Group
Pennsylvania
$1.69B -$14.5M -183,770 -0.9%
BlackRock
3
BlackRock
New York
$1.52B -$4.94M -62,511 -0.3%
Dodge & Cox
4
Dodge & Cox
California
$1.18B -$52.4M -662,765 -5%
State Street
5
State Street
Massachusetts
$821M -$15.7M -198,962 -2%
AQR Capital Management
6
AQR Capital Management
Connecticut
$668M -$22M -277,944 -3%
Renaissance Technologies
7
Renaissance Technologies
New York
$384M +$51.1M +646,200 +17%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$379M +$10.9M +138,439 +3%
LSV Asset Management
9
LSV Asset Management
Illinois
$338M +$9.82M +124,266 +3%
Arrowstreet Capital
10
Arrowstreet Capital
Massachusetts
$263M +$29.5M +373,298 +14%
Invesco
11
Invesco
Georgia
$260M -$26.3M -332,848 -10%
Morgan Stanley
12
Morgan Stanley
New York
$224M +$3.63M +45,980 +2%
Robeco Institutional Asset Management
13
Robeco Institutional Asset Management
Netherlands
$197M -$5.29M -66,923 -3%
Acadian Asset Management
14
Acadian Asset Management
Massachusetts
$190M -$18.8M -237,662 -10%
Man Group
15
Man Group
United Kingdom
$164M +$25.5M +322,877 +20%
Los Angeles Capital Management
16
Los Angeles Capital Management
California
$149M +$114M +1,447,728 +462%
Jacobs Levy Equity Management
17
Jacobs Levy Equity Management
New Jersey
$148M +$35.5M +448,911 +35%
Northern Trust
18
Northern Trust
Illinois
$146M +$4.96M +62,764 +4%
Charles Schwab
19
Charles Schwab
California
$146M +$3.6M +45,603 +3%
Legal & General Group
20
Legal & General Group
United Kingdom
$142M +$8.91M +112,662 +7%
Dimensional Fund Advisors
21
Dimensional Fund Advisors
Texas
$135M +$16.5M +208,167 +15%
UBS AM
22
UBS AM
Illinois
$128M -$36.9M -467,067 -24%
Caisse de Depot et Placement du Quebec (CDPQ)
23
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$127M +$85.9M +1,087,091 +265%
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$126M +$83.6M +1,058,178 +247%
PAM
25
Panagora Asset Management
Massachusetts
$125M +$37.6M +476,029 +47%

INCY Hedge Fund Activity: Q3 2025 in Review

712 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Incyte (INCY) for Q3 2025, worth a combined $16.8B — up 26% from $13.4B a quarter earlier.

Buyers outnumbered sellers: 126 funds opened new INCY positions and 63 closed out — a net gain of 63 holders — while 261 added to existing stakes and 236 trimmed.

The largest buyer was Los Angeles Capital Management, adding an estimated $114M. The largest seller was Marshall Wace, cutting an estimated $94.5M.

  • 712 institutional investors held Incyte (INCY) as of Q3 2025, up from 657 in Q2 2025.
  • Funds reported $16.8B of Incyte stock for Q3 2025, up 26% quarter-over-quarter.
  • 126 funds opened new Incyte positions in Q3 2025 and 63 closed out, a net change of +63 holders.
  • The largest Incyte buyer in Q3 2025 was Los Angeles Capital Management, an estimated $114M added.
  • The largest Incyte seller in Q3 2025 was Marshall Wace, an estimated $94.5M sold.

Based on aggregated 13F filings for Q3 2025.