BAKER BROS. ADVISORS LP

CIK: 0001263508SEC EDGAR →

Portfolio Value

$8.9B

Holdings

86

As of

Q4 2025

New Positions

12

Closed Positions

10

Top 10 Holdings

RankStockSharesValue% of Portfolio
1

Celcuity Inc.

7,915,792$789.5M
8.83%
2

Aligos Therapeutics, Inc.

83,055$774.0M
8.66%
3

Revolution Medicines, Inc.

9,455,357$753.1M
8.43%
4

Kymera Therapeutics, Inc.

8,657,242$673.6M
7.54%
5

Summit Therapeutics Inc.

36,391,063$636.5M
7.12%
6

Rhythm Pharmaceuticals, Inc.

5,604,483$599.9M
6.71%
7

Kodiak Sciences Inc.

19,919,186$556.9M
6.23%
8

Praxis Precision Medicines, Inc.

1,126,488$332.0M
3.71%
9

Alkermes plc

10,012,267$280.1M
3.13%
10

Tyra Biosciences, Inc.

10,607$278.0M
3.11%

Quarterly Changes

Top Buys

CTNM↑ Increased
$896.4M
KYMR↑ Increased
$297.1M
PRAX↑ Increased
$295.5M
KOD↑ Increased
$273.6M
ISI↑ Increased
$104.7M

Top Sells

IM8N↓ Decreased
$964.2M
VYNECLOSED
$285.2M
GPCR↓ Decreased
$56.1M
MRUSCLOSED
$54.1M
NTLACLOSED
$47.4M

New Positions (9)

$38.4M · 950K shares
$25.3M · 1.6M shares
$22.0M · 2.8M shares
$16.8M · 671K shares
$15.9M · 813K shares
$7.5M · 2.1M shares
$6.4M · 270K shares
$6.4M · 365K shares
$3.6M · 476K shares

Closed Positions (14)

$285.2M · 851K shares
$54.1M · 574K shares
$47.4M · 2.7M shares
$27.2M · 625K shares
$23.1M · 641K shares
$21.8M · 227K shares
$15.4M · 325K shares
$13.7M · 167K shares
$9.6M · 366K shares
$7.6M · 190K shares
$5.4M · 4.3M shares
$4.9M · 278K shares
$1.2M · 194K shares
$0 · 2.1M shares

Sector Breakdown

Sector# HoldingsValue%
Healthcare82$8.7B97.5%
Unknown4$227.6M2.5%