Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in INCY held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BAKER BROS. ADVISORS LP | 30.7M | $2.89B | 0.0% | 15.389% | 16.62% |
| 2 | BlackRock, Inc. | 19.0M | $1.79B | +3.5% | 9.499% | 0.03% |
| 3 | DODGE & COX | 12.3M | $1.15B | -7.6% | 6.133% | 0.63% |
| 4 | VANGUARD CAPITAL MANAGEMENT LLC | 10.9M | $1.03B | — | 5.471% | 0.03% |
| 5 | STATE STREET CORP | 9.6M | $907.4M | -0.2% | 4.826% | 0.03% |
| 6 | VANGUARD PORTFOLIO MANAGEMENT LLC | 7.8M | $730.3M | — | 3.884% | 0.04% |
| 7 | AQR CAPITAL MANAGEMENT LLC | 5.8M | $536.1M | -13.6% | 2.907% | 0.25% |
| 8 | GEODE CAPITAL MANAGEMENT, LLC | 4.7M | $441.1M | -5.8% | 2.354% | 0.03% |
| 9 | Invesco Ltd. | 3.9M | $364.3M | +11.4% | 1.938% | 0.06% |
| 10 | RENAISSANCE TECHNOLOGIES LLC | 3.7M | $343.7M | -8.2% | 1.828% | 0.54% |
| 11 | WELLINGTON MANAGEMENT GROUP LLP | 3.3M | $307.4M | +341.7% | 1.635% | 0.06% |
| 12 | MORGAN STANLEY | 2.9M | $268.3M | +7.0% | 1.427% | 0.02% |
| 13 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 2.8M | $266.4M | -8.5% | 1.417% | 0.14% |
| 14 | Robeco Institutional Asset Management B.V. | 2.5M | $236.7M | +1.4% | 1.259% | 0.34% |
| 15 | GOLDMAN SACHS GROUP INC | 2.4M | $221.3M | +83.2% | 1.177% | 0.03% |
| 16 | LOS ANGELES CAPITAL MANAGEMENT LLC | 2.1M | $201.9M | -6.3% | 1.074% | 0.80% |
| 17 | DIMENSIONAL FUND ADVISORS LP | 2.0M | $185.9M | +10.5% | 0.989% | 0.04% |
| 18 | NORTHERN TRUST CORP | 1.8M | $174.1M | +5.1% | 0.926% | 0.02% |
| 19 | VICTORY CAPITAL MANAGEMENT INC | 1.7M | $164.0M | +19.9% | 0.872% | 0.11% |
| 20 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 1.7M | $162.7M | -0.2% | 0.865% | 0.02% |
| 21 | JACOBS LEVY EQUITY MANAGEMENT, INC | 1.7M | $161.7M | -24.8% | 0.860% | 0.68% |
| 22 | Legal & General Group Plc | 1.5M | $145.2M | +5.0% | 0.772% | 0.03% |
| 23 | UBS ASSET MANAGEMENT AMERICAS INC | 1.5M | $145.0M | -2.1% | 0.771% | 0.03% |
| 24 | CAISSE DE DEPOT ET PLACEMENT DU QUEBEC | 1.5M | $143.1M | +36.8% | 0.761% | 0.23% |
| 25 | FIRST TRUST ADVISORS LP | 1.5M | $141.3M | +17.6% | 0.751% | 0.10% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in INCY — a direct measure of their conviction.
Filings activity in INCY during Q1 2026, grouped by how each filer changed its position.
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 793 | 0.8% | 83.43% | 3.24 pp | $18.09B | 3.7% |
| Q4 2025 | 799 | +16% | 86.67% | +13.00 pp | $18.79B | +18% |
| Q3 2025 | 690 | +7.5% | 73.67% | +13.50 pp | $15.97B | +22% |
| Q2 2025 | 642 | +5.9% | 60.17% | +10.85 pp | $13.05B | +22% |
| Q1 2025 | 606 | 3.2% | 49.32% | 6.60 pp | $10.69B | 12% |
| Q4 2024 | 626 | +12% | 55.92% | +4.14 pp | $12.12B | +8.0% |
| Q3 2024 | 561 | +0.9% | 51.78% | 1.91 pp | $11.23B | 3.6% |
| Q2 2024 | 556 | — | 53.69% | — | $11.64B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying INCY stock.
Based on Q1 2026 13F filings, institutional ownership of Incyte Corporation stands at 83.4%, held across 793 reporting institutions.
BAKER BROS. ADVISORS LP is the largest reported institutional holder of INCY, with approximately 30,744,412 shares worth $2.89B as of Q1 2026.
Yes — 1 widely-followed marquee investor appear among the top 25 institutional holders of INCY, including RENAISSANCE TECHNOLOGIES LLC.
Our composite Smart Money Score for INCY is 35 out of 100 (Bearish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
117 institutions opened new positions in INCY during Q1 2026, while 123 fully exited. 225 added to existing positions and 449 trimmed.
INCY institutional ownership fell by 3.24 percentage points quarter-over-quarter, with a net change of -6 holders.
The top 10 institutions account for 56.3% of all reported 13F value in INCY, and the top 25 account for 72.5%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.