Incyte
INCY
822 hedge funds and large institutions have $19.9B invested in Incyte in 2025 Q4 according to their latest regulatory filings, with 174 funds opening new positions, 337 increasing their positions, 233 reducing their positions, and 49 closing their positions.
255% more first-time investments, than exits
New positions opened: 174 | Existing positions closed: 49
45% more repeat investments, than reductions
Existing positions increased: 337 | Existing positions reduced: 233
18% more capital invested
Capital invested by funds: $16.8B → $19.9B (+$3.05B)
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
15% more funds holding
Funds holding: 713 → 822 (+109)
0.9% more ownership
Funds ownership: 101.61% → 102.51% (+0.9%)
27% less call options, than puts
Call options by funds: $48.2M | Put options by funds: $66.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
+$102M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$69.5M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$52.3M |
| 4 |
Los Angeles Capital Management
Los Angeles,
California
|
+$51.1M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$50.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
Bellevue Group
Kuesnacht,
Switzerland
|
-$139M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$116M |
| 3 |
Man Group
London,
United Kingdom
|
-$80.7M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$75M |
| 5 |
Dodge & Cox
San Francisco,
California
|
-$64.9M |
INCY Hedge Fund Activity: Q4 2025 in Review
822 of the 8,266 institutional investors tracked by Wall St. Rank reported a position in Incyte (INCY) for Q4 2025, worth a combined $19.9B — up 18% from $16.8B a quarter earlier.
Buyers outnumbered sellers: 174 funds opened new INCY positions and 49 closed out — a net gain of 125 holders — while 337 added to existing stakes and 233 trimmed.
The largest buyer was Marshall Wace, adding an estimated $102M. The largest seller was Bellevue Group, cutting an estimated $139M.
- 822 institutional investors held Incyte (INCY) as of Q4 2025, up from 713 in Q3 2025.
- Funds reported $19.9B of Incyte stock for Q4 2025, up 18% quarter-over-quarter.
- 174 funds opened new Incyte positions in Q4 2025 and 49 closed out, a net change of +125 holders.
- The largest Incyte buyer in Q4 2025 was Marshall Wace, an estimated $102M added.
- The largest Incyte seller in Q4 2025 was Bellevue Group, an estimated $139M sold.
Based on aggregated 13F filings for Q4 2025.