Who owns Incyte (INCY)
Which tracked institutional funds hold INCY, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See INCY company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
349 tracked funds added or opened INCY while 121 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
INCY’s largest tracked holder by dollar value, BAKER BROS. ADVISORS LP, sizes it at 17.5% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 17.5pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in INCY divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 808 tracked filers holding INCY, 456 increased or opened the position and 382 reduced or closed it; over the same quarter, open-market insider Form 4s were net sales.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in INCY between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 41
- Fideuram Asset Management (Ireland) dac$21M
- Trails Edge Capital Partners, LP$18M
- O'Neil Global Advisors, Inc.$9M
- Insight Wealth Strategies, LLC$7M
- Faithward Advisors, LLC$7M
- Munich Reinsurance Co Stock Corp in Munich$6M
Full exits 64
- LSV ASSET MANAGEMENT$369M
- ACADIAN ASSET MANAGEMENT LLC$179M
- Pacer Advisors, Inc.$165M
- Amundi$94M
- SG Americas Securities, LLC$27M
- TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY$25M
Largest adds
- BlackRock, Inc.$693M
- BAKER BROS. ADVISORS LP$594M
- VANGUARD CAPITAL MANAGEMENT LLC$221M
- DODGE & COX$202M
- STATE STREET CORP$195M
- TWO SIGMA INVESTMENTS, LP$188M
Largest trims
- LOS ANGELES CAPITAL MANAGEMENT LLC$136M
- JACOBS LEVY EQUITY MANAGEMENT, INC$79M
- PRICE T ROWE ASSOCIATES INC /MD/$24M
- UBS Group AG$20M
- FEDERATED HERMES, INC.$18M
- RHUMBLINE ADVISERS$17M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BAKER BROS. ADVISORS LP added | 30,762,330 | $3.5B | 17.5% | 2026-Q2 |
| BlackRock, Inc. added | 18,032,718 | $2.0B | 10.2% | 2026-Q2 |
| DODGE & COX trimmed | 11,957,326 | $1.4B | 6.8% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 11,024,289 | $1.2B | 6.3% | 2026-Q2 |
| STATE STREET CORP added | 9,722,336 | $1.1B | 5.5% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC added | 7,791,091 | $883M | 4.4% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 5,320,901 | $603M | 3.0% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 4,750,735 | $537M | 2.7% | 2026-Q2 |
| Invesco Ltd. added | 4,080,461 | $463M | 2.3% | 2026-Q2 |
| WELLINGTON MANAGEMENT GROUP LLP added | 3,575,521 | $405M | 2.0% | 2026-Q2 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 3,512,132 | $398M | 2.0% | 2026-Q2 |
| MORGAN STANLEY added | 2,948,364 | $334M | 1.7% | 2026-Q2 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed | 2,744,958 | $311M | 1.6% | 2026-Q2 |
| Robeco Institutional Asset Management B.V. trimmed | 2,441,735 | $277M | 1.4% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 2,305,782 | $261M | 1.3% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 2,280,803 | $259M | 1.3% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP added | 2,003,559 | $227M | 1.1% | 2026-Q2 |
| NORTHERN TRUST CORP trimmed | 1,761,966 | $200M | 1.0% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 1,692,439 | $192M | 1.0% | 2026-Q2 |
| Legal & General Group Plc added | 1,605,980 | $182M | 0.9% | 2026-Q2 |
| FIRST TRUST ADVISORS LP added | 1,587,996 | $180M | 0.9% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 1,508,720 | $171M | 0.9% | 2026-Q2 |
| VICTORY CAPITAL MANAGEMENT INC trimmed | 1,480,342 | $168M | 0.8% | 2026-Q2 |
| FMR LLC added | 1,381,773 | $157M | 0.8% | 2026-Q2 |
| Caisse de depot et placement du Quebec trimmed | 1,370,503 | $155M | 0.8% | 2026-Q2 |
| MARSHALL WACE, LLP added | 1,310,154 | $149M | 0.7% | 2026-Q2 |
| HSBC HOLDINGS PLC added | 1,307,743 | $148M | 0.7% | 2026-Q2 |
| DEUTSCHE BANK AG\ trimmed | 1,262,988 | $143M | 0.7% | 2026-Q2 |
| AustralianSuper Pty Ltd added | 1,196,491 | $136M | 0.7% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 1,132,050 | $128M | 0.6% | 2026-Q2 |
| NORGES BANK trimmed | 1,119,107 | $127M | 0.6% | 2026-Q2 |
| Bank of New York Mellon Corp trimmed | 972,825 | $110M | 0.6% | 2026-Q2 |
| Man Group plc added | 952,941 | $108M | 0.5% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO trimmed | 943,540 | $107M | 0.5% | 2026-Q2 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. trimmed | 937,763 | $106M | 0.5% | 2026-Q2 |
| ARMISTICE CAPITAL, LLC added | 900,005 | $102M | 0.5% | 2026-Q2 |
| PANAGORA ASSET MANAGEMENT INC trimmed | 881,889 | $100M | 0.5% | 2026-Q2 |
| UBS Group AG trimmed | 767,924 | $87M | 0.4% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 761,690 | $87M | 0.4% | 2026-Q2 |
| Sound Shore Management Inc /CT/ trimmed | 757,723 | $86M | 0.4% | 2026-Q2 |
| JACOBS LEVY EQUITY MANAGEMENT, INC trimmed | 731,774 | $83M | 0.4% | 2026-Q2 |
| Gotham Asset Management, LLC added | 719,545 | $82M | 0.4% | 2026-Q2 |
| Pictet Asset Management Holding SA trimmed | 713,354 | $81M | 0.4% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 676,191 | $77M | 0.4% | 2026-Q2 |
| MACKENZIE FINANCIAL CORP added | 634,862 | $72M | 0.4% | 2026-Q2 |
| CITIGROUP INC added | 586,431 | $66M | 0.3% | 2026-Q2 |
| LOS ANGELES CAPITAL MANAGEMENT LLC trimmed | 578,986 | $66M | 0.3% | 2026-Q2 |
| FRANKLIN RESOURCES INC trimmed | 558,663 | $63M | 0.3% | 2026-Q2 |
| SEB Asset Management AB trimmed | 558,467 | $63M | 0.3% | 2026-Q2 |
| VIRGINIA RETIREMENT SYSTEMS ET Al added | 545,375 | $62M | 0.3% | 2026-Q2 |
| GLENMEDE TRUST CO NA added | 538,822 | $61M | 0.3% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 532,397 | $60M | 0.3% | 2026-Q2 |
| Woodline Partners LP trimmed | 512,690 | $58M | 0.3% | 2026-Q2 |
| JUPITER ASSET MANAGEMENT LTD added | 511,050 | $58M | 0.3% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS added | 500,881 | $57M | 0.3% | 2026-Q2 |
| SEI INVESTMENTS CO trimmed | 498,013 | $56M | 0.3% | 2026-Q2 |
| WORLDQUANT MILLENNIUM ADVISORS LLC trimmed | 486,810 | $55M | 0.3% | 2026-Q2 |
| Swiss National Bank trimmed | 476,874 | $54M | 0.3% | 2026-Q2 |
| Vinva Investment Management Ltd added | 462,843 | $53M | 0.3% | 2026-Q2 |
| CANADA PENSION PLAN INVESTMENT BOARD trimmed | 442,500 | $50M | 0.3% | 2026-Q2 |
| California Public Employees Retirement System trimmed | 429,872 | $49M | 0.2% | 2026-Q2 |
| RHUMBLINE ADVISERS trimmed | 428,533 | $49M | 0.2% | 2026-Q2 |
| Russell Investments Group, Ltd. trimmed | 425,616 | $48M | 0.2% | 2026-Q2 |
| IEQ CAPITAL, LLC trimmed | 424,682 | $48M | 0.2% | 2026-Q2 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ added | 414,666 | $48M | 0.2% | 2026-Q2 |
| Mitsubishi UFJ Asset Management Co., Ltd. added | 412,258 | $47M | 0.2% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ trimmed | 409,514 | $46M | 0.2% | 2026-Q2 |
| Nuveen, LLC trimmed | 407,291 | $46M | 0.2% | 2026-Q2 |
| Sumitomo Mitsui Trust Group, Inc. trimmed | 393,738 | $45M | 0.2% | 2026-Q2 |
| Vanguard Global Advisers, LLC trimmed | 380,037 | $43M | 0.2% | 2026-Q2 |
| Swedbank AB added | 371,387 | $42M | 0.2% | 2026-Q2 |
| BARCLAYS PLC trimmed | 351,221 | $40M | 0.2% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC added | 345,602 | $39M | 0.2% | 2026-Q2 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND added | 339,892 | $39M | 0.2% | 2026-Q2 |
| CAPITAL FUND MANAGEMENT S.A. added | 336,318 | $38M | 0.2% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd added | 335,081 | $38M | 0.2% | 2026-Q2 |
| Grantham, Mayo, Van Otterloo & Co. LLC trimmed | 318,584 | $36M | 0.2% | 2026-Q2 |
| Mitsubishi UFJ Trust & Banking Corp trimmed | 312,130 | $35M | 0.2% | 2026-Q2 |
| Aware Super Pty Ltd as trustee of Aware Super trimmed | 306,810 | $35M | 0.2% | 2026-Q2 |
| Arbejdsmarkedets Tillaegspension added | 298,400 | $34M | 0.2% | 2026-Q2 |
| Ensign Peak Advisors, Inc added | 269,956 | $31M | 0.2% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 268,804 | $30M | 0.2% | 2026-Q2 |
| Illinois Municipal Retirement Fund added | 260,338 | $30M | 0.1% | 2026-Q2 |
| FEDERATED HERMES, INC. trimmed | 257,039 | $29M | 0.1% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 255,064 | $29M | 0.1% | 2026-Q2 |
| WINTON GROUP Ltd added | 254,408 | $29M | 0.1% | 2026-Q2 |
| PFA Pension, Forsikringsaktieselskab added | 252,509 | $29M | 0.1% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added | 249,988 | $28M | 0.1% | 2026-Q2 |
| Universal- Beteiligungs- und Servicegesellschaft mbH added | 236,172 | $27M | 0.1% | 2026-Q2 |
| TODD ASSET MANAGEMENT LLC trimmed | 234,375 | $27M | 0.1% | 2026-Q2 |
| Baird Financial Group, Inc. added | 224,855 | $25M | 0.1% | 2026-Q2 |
| PRINCIPAL FINANCIAL GROUP INC trimmed | 221,978 | $25M | 0.1% | 2026-Q2 |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main added | 218,950 | $25M | 0.1% | 2026-Q2 |
| Quantinno Capital Management LP added | 214,446 | $24M | 0.1% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ added | 208,134 | $24M | 0.1% | 2026-Q2 |
| Cerity Partners LLC trimmed | 205,071 | $23M | 0.1% | 2026-Q2 |
| Eurizon Capital SGR S.p.A. trimmed | 204,785 | $23M | 0.1% | 2026-Q2 |
| Korea Investment CORP trimmed | 195,526 | $22M | 0.1% | 2026-Q2 |
| KLP KAPITALFORVALTNING AS | 192,305 | $22M | 0.1% | 2026-Q2 |
| Catalio Capital Management, LP added | 191,627 | $22M | 0.1% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.