INCY US Equity

INCYTE CORP

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Health Care · Services-Commercial Physical & Biological Research · CIK 879169 · FYE 1231

$127.10

-2.83 (-2.18%)

USD · as of 2026-07-29 · marketstack

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Institutional ownership· 13F filers holding INCY · 2026-Q1 methodology → sources →

806 holders

% of shares outstanding held

101.1%

Shares held (13F)

201,988,697

Reporting holders

806

Institutional 13F holdings sum to 101.1% of shares outstanding. Readings above 100% reflect securities-lending double counting: shares on loan to short sellers are reported long by both the lending institution and the one that bought them. FINRA short interest of 11,358,353 shares (settlement 2026-04-30) accounts for the excess.

Top holders

largest 100 of 806 · Δ vs 2025-Q4

#	Holder	Shares	Value	% of shares out	Δ QoQ
1	BAKER BROS. ADVISORS LP	30,744,41230.7M	$2.9B	15.39%	—
2	BlackRock, Inc.	18,978,19819.0M	$1.8B	9.50%	ADD 4%
3	Dodge & Coxtracked	12,252,35612.3M	$1.2B	6.13%	TRIM -8%
4	VANGUARD CAPITAL MANAGEMENT LLC	10,930,06610.9M	$1.0B	5.47%	NEW†
5	STATE STREET CORP	9,641,3849.6M	$907M	4.83%	—
6	VANGUARD PORTFOLIO MANAGEMENT LLC	7,759,1837.8M	$730M	3.88%	NEW†
7	AQR CAPITAL MANAGEMENT LLC	5,807,9305.8M	$536M	2.91%	TRIM -14%
8	GEODE CAPITAL MANAGEMENT, LLC	4,703,1844.7M	$441M	2.35%	TRIM -6%
9	LSV ASSET MANAGEMENT	3,920,0563.9M	$369M	1.96%	—
10	Invesco Ltd.	3,870,7643.9M	$364M	1.94%	ADD 11%
11	RENAISSANCE TECHNOLOGIES LLC	3,651,5323.7M	$344M	1.83%	TRIM -8%
12	WELLINGTON MANAGEMENT GROUP LLP	3,266,1363.3M	$307M	1.63%	ADD 342%
13	MORGAN STANLEY	2,850,3282.9M	$268M	1.43%	ADD 7%
14	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	2,830,7992.8M	$266M	1.42%	TRIM -9%
15	Robeco Institutional Asset Management B.V.	2,514,3832.5M	$237M	1.26%	—
16	GOLDMAN SACHS GROUP INC	2,351,2212.4M	$221M	1.18%	ADD 83%
17	LOS ANGELES CAPITAL MANAGEMENT LLC	2,144,8472.1M	$202M	1.07%	TRIM -6%
18	DIMENSIONAL FUND ADVISORS LP	1,975,5442.0M	$186M	0.99%	ADD 10%
19	ACADIAN ASSET MANAGEMENT LLC	1,900,8241.9M	$179M	0.95%	ADD 3%
20	NORTHERN TRUST CORP	1,849,7261.8M	$174M	0.93%	ADD 5%
21	VICTORY CAPITAL MANAGEMENT INC	1,742,8701.7M	$164M	0.87%	ADD 20%
22	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	1,729,1021.7M	$163M	0.87%	—
23	JACOBS LEVY EQUITY MANAGEMENT, INC	1,717,9781.7M	$162M	0.86%	TRIM -25%
24	Legal & General Group Plc	1,543,1881.5M	$145M	0.77%	ADD 5%
25	UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC	1,540,9131.5M	$145M	0.77%	TRIM -2%
26	Caisse de depot et placement du Quebec	1,520,4861.5M	$143M	0.76%	ADD 37%
27	FIRST TRUST ADVISORS LP	1,500,7921.5M	$141M	0.75%	ADD 18%
28	DEUTSCHE BANK AG\	1,264,1951.3M	$119M	0.63%	—
29	MARSHALL WACE, LLP	1,253,1381.3M	$118M	0.63%	ADD 17%
30	PANAGORA ASSET MANAGEMENT INC	1,210,9091.2M	$114M	0.61%	ADD 22%
31	FMR LLC	1,172,8901.2M	$110M	0.59%	TRIM -6%
32	UBS Group AG	1,138,0041.1M	$107M	0.57%	ADD 67%
33	AustralianSuper Pty Ltd	1,137,1431.1M	$107M	0.57%	ADD 77%
34	ROYAL BANK OF CANADA	1,054,1231.1M	$99M	0.53%	TRIM -6%
35	Amundi	1,003,9691.0M	$94M	0.50%	ADD 30%
36	Bank of New York Mellon Corp	989,709989,709	$93M	0.50%	—
37	VANGUARD FIDUCIARY TRUST CO	948,295948,295	$89M	0.47%	NEW
38	BNP PARIBAS ASSET MANAGEMENT Holding S.A.	938,848938,848	$88M	0.47%	TRIM -4%
39	Man Group plc	930,171930,171	$88M	0.47%	TRIM -15%
40	BANK OF AMERICA CORP /DE/	915,527915,527	$86M	0.46%	TRIM -9%
41	Pictet Asset Management Holding SA	916,188916,188	$85M	0.46%	TRIM -30%
42	SOUND SHORE MANAGEMENT INC /CT/	767,829767,829	$72M	0.38%	TRIM -17%
43	PRICE T ROWE ASSOCIATES INC /MD/	751,856751,856	$71M	0.38%	TRIM -22%
44	SEI INVESTMENTS CO	714,558714,558	$67M	0.36%	ADD 8%
45	FRANKLIN RESOURCES INC	693,785693,785	$65M	0.35%	ADD 26%
46	RHUMBLINE ADVISERS	693,665693,665	$65M	0.35%	—
47	Gotham Asset Management, LLC	676,670676,670	$64M	0.34%	ADD 92%
48	ARMISTICE CAPITAL, LLC	656,817656,817	$62M	0.33%	TRIM -40%
49	SEB Asset Management AB	646,168646,168	$61M	0.32%	NEW
50	Russell Investments Group, Ltd.	638,242638,242	$60M	0.32%	TRIM -14%
51	CANADA PENSION PLAN INVESTMENT BOARD	607,944607,944	$57M	0.30%	TRIM -5%
52	Woodline Partners LP	605,717605,717	$57M	0.30%	—
53	AMERIPRISE FINANCIAL INC	605,474605,474	$57M	0.30%	TRIM -30%
54	HSBC HOLDINGS PLC	582,368582,368	$55M	0.29%	—
55	MACKENZIE FINANCIAL CORP	549,633549,633	$52M	0.28%	ADD 34%
56	GLENMEDE TRUST CO NA	523,291523,291	$49M	0.26%	TRIM -5%
57	FEDERATED HERMES, INC.	499,864499,864	$47M	0.25%	TRIM -11%
58	IEQ CAPITAL, LLC	498,835498,835	$47M	0.25%	TRIM -5%
59	WORLDQUANT MILLENNIUM ADVISORS LLC	493,713493,713	$46M	0.25%	TRIM -7%
60	Nuveen, LLC	491,458491,458	$46M	0.25%	ADD 5%
61	Swiss National Bank	489,774489,774	$46M	0.25%	ADD 8%
62	CITIGROUP INC	489,649489,649	$46M	0.25%	TRIM -38%
63	California Public Employees Retirement System	483,336483,336	$45M	0.24%	—
64	JUPITER ASSET MANAGEMENT LTD	482,642482,642	$45M	0.24%	ADD 893%
65	JPMORGAN CHASE & CO	497,042497,042	$45M	0.25%	ADD 12%
66	Sumitomo Mitsui Trust Group, Inc.	422,427422,427	$40M	0.21%	TRIM -4%
67	TWO SIGMA INVESTMENTS, LP	415,914415,914	$39M	0.21%	ADD 1032%
68	MASSACHUSETTS FINANCIAL SERVICES CO /MA/	410,729410,729	$39M	0.21%	ADD 22%
69	BNP PARIBAS FINANCIAL MARKETS	405,530405,530	$38M	0.20%	ADD 19%
70	Vanguard Global Advisers, LLC	387,895387,895	$37M	0.19%	NEW
71	PRUDENTIAL FINANCIAL INC	374,280374,280	$35M	0.19%	ADD 31%
72	BARCLAYS PLC	367,095367,095	$35M	0.18%	TRIM -6%
73	Mitsubishi UFJ Asset Management Co., Ltd.	366,912366,912	$35M	0.18%	ADD 6%
74	Grantham, Mayo, Van Otterloo & Co. LLC	364,657364,657	$34M	0.18%	ADD 23%
75	Swedbank AB	362,456362,456	$34M	0.18%	—
76	Mitsubishi UFJ Trust & Banking Corp	359,761359,761	$34M	0.18%	TRIM -10%
77	Empowered Funds, LLC	353,386353,386	$33M	0.18%	ADD 123%
78	Candriam S.C.A.	342,042342,042	$32M	0.17%	TRIM -26%
79	AMERICAN CENTURY COMPANIES INC	336,785336,785	$32M	0.17%	TRIM -29%
80	Aware Super Pty Ltd as trustee of Aware Super	315,637315,637	$30M	0.16%	NEW
81	CAPITAL FUND MANAGEMENT S.A.	312,021312,021	$29M	0.16%	ADD 129%
82	HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND	297,504297,504	$28M	0.15%	ADD 40%
83	VANGUARD ASSET MANAGEMENT, Ltd	289,697289,697	$27M	0.15%	NEW
84	Vinva Investment Management Ltd	300,405300,405	$27M	0.15%	TRIM -31%
85	SG Americas Securities, LLC	285,152285,152	$27M	0.14%	ADD 53%
86	Arbejdsmarkedets Tillaegspension	279,592279,592	$26M	0.14%	ADD 14%
87	TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY	263,340263,340	$25M	0.13%	TRIM -11%
88	Andra AP-fonden	259,048259,048	$24M	0.13%	TRIM -35%
89	WELLS FARGO & COMPANY/MN	255,022255,022	$24M	0.13%	TRIM -13%
90	Illinois Municipal Retirement Fund	254,990254,990	$24M	0.13%	ADD 10%
91	TODD ASSET MANAGEMENT LLC	251,893251,893	$24M	0.13%	TRIM -11%
92	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	241,287241,287	$23M	0.12%	TRIM -2%
93	Universal- Beteiligungs- und Servicegesellschaft mbH	235,852235,852	$22M	0.12%	ADD 12%
94	Ensign Peak Advisors, Inc	227,612227,612	$21M	0.11%	TRIM -9%
95	Cerity Partners LLC	226,501226,501	$21M	0.11%	—
96	PRINCIPAL FINANCIAL GROUP INC	225,492225,492	$21M	0.11%	ADD 2%
97	Korea Investment CORP	220,926220,926	$21M	0.11%	ADD 26%
98	LAZARD ASSET MANAGEMENT LLC	219,881219,881	$21M	0.11%	ADD 14%
99	Zurcher Kantonalbank (Zurich Cantonalbank)	210,788210,788	$20M	0.11%	—
100	Eurizon Capital SGR S.p.A.	210,792210,792	$20M	0.11%	ADD 28%

† a filer this large appearing as NEW usually reflects a renamed or succeeded filing entity (the old name stops filing the same quarter) — not a brand-new position.

Rows rank by the value each filer reported — 13F filers price their own positions, so a holder with fewer shares can rank just above one with more.

Holder trends· top 15 holders · shares held over 6 quarters

green added · red trimmed

Holder

2024-Q4

2025-Q1

2025-Q2

2025-Q3

2025-Q4

2026-Q1

Latest value

BAKER BROS. ADVISORS LP

30.7M

$2.9B

BlackRock, Inc.

16.5M

17.4M

18.0M

17.9M

18.3M

19.0M

$1.8B

Dodge & Coxtracked

14.9M

14.6M

13.9M

13.3M

12.3M

$1.2B

VANGUARD CAPITAL MANAGEMENT LLC

—

10.9M

$1.0B

STATE STREET CORP

10.0M

9.9M

9.7M

9.6M

$907M

VANGUARD PORTFOLIO MANAGEMENT LLC

—

7.8M

$730M

AQR CAPITAL MANAGEMENT LLC

3.5M

6.7M

8.2M

7.9M

6.7M

5.8M

$536M

GEODE CAPITAL MANAGEMENT, LLC

4.0M

4.2M

4.3M

4.5M

5.0M

4.7M

$441M

LSV ASSET MANAGEMENT

3.5M

3.6M

3.9M

4.0M

3.9M

$369M

Invesco Ltd.

3.0M

3.2M

3.4M

3.1M

3.5M

3.9M

$364M

RENAISSANCE TECHNOLOGIES LLC

4.1M

3.7M

3.9M

4.5M

4.0M

3.7M

$344M

WELLINGTON MANAGEMENT GROUP LLP

136K

81K

76K

21K

739K

3.3M

$307M

MORGAN STANLEY

2.8M

3.0M

2.6M

2.7M

2.9M

$268M

ARROWSTREET CAPITAL, LIMITED PARTNERSHIP

269K

341K

2.7M

3.1M

2.8M

$266M

Robeco Institutional Asset Management B.V.

1.3M

1.4M

2.4M

2.3M

2.5M

$237M

Shares reported each quarter by the largest current holders. Green = added vs the prior filing, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.

Institutional footprint by quarter

Line breaks are honest gaps — quarters with no 13F record, or a suppressed % — never interpolated. % of shares outstanding uses today's share count for every quarter (the only count stored).

Quarter	Holders	Shares held	% shares out	Value held
2026-Q1	806	201,988,697	101.1%	$19.0B
2025-Q4

Short interest has its own tab now — open SI →

Source: SEC Form 13F — every institution manager (≥ $100M in 13F securities) reporting a long US-listed position, across ~10,250 filers over 10 years of history. 13F is long-only, US-listed, filed up to 45 days after quarter-end.

Activists & large holders· Schedule 13D/G beneficial owners · INCY

Activists — 13D, active intent

BAKER BROS. ADVISORS LP15.6%▼ -0.1ppSCHEDULE 13D/A · Amd 33 · event 2026-05-07SEC →

31,225,572 shares · 7 reporting persons

“Item 4 of Schedule 13D is supplemented and superseded, as the case may be, as follows: On May 8, 2026 the Adviser acquired beneficial ownership of 15,000 shares of common stock ("Common Stock") of Incyte Corporation (the "Issuer"), as a result of the exercise of 15,000 options to purchase Common Stock at $84.53 per share (the "Exercised Stock Options") held directly by Julian C. Baker. Julian C. Baker currently serves on the Issuer's board of directors (the "Board") as a representative of the Fu”

Large holders — 13G, passive (top 5 by % of class)

Holder	% of class	Type	As of
BlackRock, Inc.	7.8%	QII	2025-09-30	SEC →
VANGUARD CAPITAL MANAGEMENT LLC	6.32%	QII	2026-03-31	SEC →

Institutional ownership· 13F filers holding INCY · 2026-Q1 methodology → sources →

806 holders

% of shares outstanding held

101.1%

Shares held (13F)

201,988,697

Reporting holders

806

Top holders

largest 100 of 806 · Δ vs 2025-Q4

#	Holder	Shares	Value	% of shares out	Δ QoQ
1	BAKER BROS. ADVISORS LP	30,744,41230.7M	$2.9B	15.39%	—
2	BlackRock, Inc.	18,978,19819.0M	$1.8B	9.50%	ADD 4%
3	Dodge & Coxtracked	12,252,35612.3M	$1.2B	6.13%	TRIM -8%
4	VANGUARD CAPITAL MANAGEMENT LLC	10,930,06610.9M	$1.0B	5.47%	NEW†
5	STATE STREET CORP	9,641,3849.6M	$907M	4.83%	—
6	VANGUARD PORTFOLIO MANAGEMENT LLC	7,759,1837.8M	$730M	3.88%	NEW†
7	AQR CAPITAL MANAGEMENT LLC	5,807,9305.8M	$536M	2.91%	TRIM -14%
8	GEODE CAPITAL MANAGEMENT, LLC	4,703,1844.7M	$441M	2.35%	TRIM -6%
9	LSV ASSET MANAGEMENT	3,920,0563.9M	$369M	1.96%	—
10	Invesco Ltd.	3,870,7643.9M	$364M	1.94%	ADD 11%
11	RENAISSANCE TECHNOLOGIES LLC	3,651,5323.7M	$344M	1.83%	TRIM -8%
12	WELLINGTON MANAGEMENT GROUP LLP	3,266,1363.3M	$307M	1.63%	ADD 342%
13	MORGAN STANLEY	2,850,3282.9M	$268M	1.43%	ADD 7%
14	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	2,830,7992.8M	$266M	1.42%	TRIM -9%
15	Robeco Institutional Asset Management B.V.	2,514,3832.5M	$237M	1.26%	—
16	GOLDMAN SACHS GROUP INC	2,351,2212.4M	$221M	1.18%	ADD 83%
17	LOS ANGELES CAPITAL MANAGEMENT LLC	2,144,8472.1M	$202M	1.07%	TRIM -6%
18	DIMENSIONAL FUND ADVISORS LP	1,975,5442.0M	$186M	0.99%	ADD 10%
19	ACADIAN ASSET MANAGEMENT LLC	1,900,8241.9M	$179M	0.95%	ADD 3%
20	NORTHERN TRUST CORP	1,849,7261.8M	$174M	0.93%	ADD 5%
21	VICTORY CAPITAL MANAGEMENT INC	1,742,8701.7M	$164M	0.87%	ADD 20%
22	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	1,729,1021.7M	$163M	0.87%	—
23	JACOBS LEVY EQUITY MANAGEMENT, INC	1,717,9781.7M	$162M	0.86%	TRIM -25%
24	Legal & General Group Plc	1,543,1881.5M	$145M	0.77%	ADD 5%
25	UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC	1,540,9131.5M	$145M	0.77%	TRIM -2%
26	Caisse de depot et placement du Quebec	1,520,4861.5M	$143M	0.76%	ADD 37%
27	FIRST TRUST ADVISORS LP	1,500,7921.5M	$141M	0.75%	ADD 18%
28	DEUTSCHE BANK AG\	1,264,1951.3M	$119M	0.63%	—
29	MARSHALL WACE, LLP	1,253,1381.3M	$118M	0.63%	ADD 17%
30	PANAGORA ASSET MANAGEMENT INC	1,210,9091.2M	$114M	0.61%	ADD 22%
31	FMR LLC	1,172,8901.2M	$110M	0.59%	TRIM -6%
32	UBS Group AG	1,138,0041.1M	$107M	0.57%	ADD 67%
33	AustralianSuper Pty Ltd	1,137,1431.1M	$107M	0.57%	ADD 77%
34	ROYAL BANK OF CANADA	1,054,1231.1M	$99M	0.53%	TRIM -6%
35	Amundi	1,003,9691.0M	$94M	0.50%	ADD 30%
36	Bank of New York Mellon Corp	989,709989,709	$93M	0.50%	—
37	VANGUARD FIDUCIARY TRUST CO	948,295948,295	$89M	0.47%	NEW
38	BNP PARIBAS ASSET MANAGEMENT Holding S.A.	938,848938,848	$88M	0.47%	TRIM -4%
39	Man Group plc	930,171930,171	$88M	0.47%	TRIM -15%
40	BANK OF AMERICA CORP /DE/	915,527915,527	$86M	0.46%	TRIM -9%
41	Pictet Asset Management Holding SA	916,188916,188	$85M	0.46%	TRIM -30%
42	SOUND SHORE MANAGEMENT INC /CT/	767,829767,829	$72M	0.38%	TRIM -17%
43	PRICE T ROWE ASSOCIATES INC /MD/	751,856751,856	$71M	0.38%	TRIM -22%
44	SEI INVESTMENTS CO	714,558714,558	$67M	0.36%	ADD 8%
45	FRANKLIN RESOURCES INC	693,785693,785	$65M	0.35%	ADD 26%
46	RHUMBLINE ADVISERS	693,665693,665	$65M	0.35%	—
47	Gotham Asset Management, LLC	676,670676,670	$64M	0.34%	ADD 92%
48	ARMISTICE CAPITAL, LLC	656,817656,817	$62M	0.33%	TRIM -40%
49	SEB Asset Management AB	646,168646,168	$61M	0.32%	NEW
50	Russell Investments Group, Ltd.	638,242638,242	$60M	0.32%	TRIM -14%
51	CANADA PENSION PLAN INVESTMENT BOARD	607,944607,944	$57M	0.30%	TRIM -5%
52	Woodline Partners LP	605,717605,717	$57M	0.30%	—
53	AMERIPRISE FINANCIAL INC	605,474605,474	$57M	0.30%	TRIM -30%
54	HSBC HOLDINGS PLC	582,368582,368	$55M	0.29%	—
55	MACKENZIE FINANCIAL CORP	549,633549,633	$52M	0.28%	ADD 34%
56	GLENMEDE TRUST CO NA	523,291523,291	$49M	0.26%	TRIM -5%
57	FEDERATED HERMES, INC.	499,864499,864	$47M	0.25%	TRIM -11%
58	IEQ CAPITAL, LLC	498,835498,835	$47M	0.25%	TRIM -5%
59	WORLDQUANT MILLENNIUM ADVISORS LLC	493,713493,713	$46M	0.25%	TRIM -7%
60	Nuveen, LLC	491,458491,458	$46M	0.25%	ADD 5%
61	Swiss National Bank	489,774489,774	$46M	0.25%	ADD 8%
62	CITIGROUP INC	489,649489,649	$46M	0.25%	TRIM -38%
63	California Public Employees Retirement System	483,336483,336	$45M	0.24%	—
64	JUPITER ASSET MANAGEMENT LTD	482,642482,642	$45M	0.24%	ADD 893%
65	JPMORGAN CHASE & CO	497,042497,042	$45M	0.25%	ADD 12%
66	Sumitomo Mitsui Trust Group, Inc.	422,427422,427	$40M	0.21%	TRIM -4%
67	TWO SIGMA INVESTMENTS, LP	415,914415,914	$39M	0.21%	ADD 1032%
68	MASSACHUSETTS FINANCIAL SERVICES CO /MA/	410,729410,729	$39M	0.21%	ADD 22%
69	BNP PARIBAS FINANCIAL MARKETS	405,530405,530	$38M	0.20%	ADD 19%
70	Vanguard Global Advisers, LLC	387,895387,895	$37M	0.19%	NEW
71	PRUDENTIAL FINANCIAL INC	374,280374,280	$35M	0.19%	ADD 31%
72	BARCLAYS PLC	367,095367,095	$35M	0.18%	TRIM -6%
73	Mitsubishi UFJ Asset Management Co., Ltd.	366,912366,912	$35M	0.18%	ADD 6%
74	Grantham, Mayo, Van Otterloo & Co. LLC	364,657364,657	$34M	0.18%	ADD 23%
75	Swedbank AB	362,456362,456	$34M	0.18%	—
76	Mitsubishi UFJ Trust & Banking Corp	359,761359,761	$34M	0.18%	TRIM -10%
77	Empowered Funds, LLC	353,386353,386	$33M	0.18%	ADD 123%
78	Candriam S.C.A.	342,042342,042	$32M	0.17%	TRIM -26%
79	AMERICAN CENTURY COMPANIES INC	336,785336,785	$32M	0.17%	TRIM -29%
80	Aware Super Pty Ltd as trustee of Aware Super	315,637315,637	$30M	0.16%	NEW
81	CAPITAL FUND MANAGEMENT S.A.	312,021312,021	$29M	0.16%	ADD 129%
82	HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND	297,504297,504	$28M	0.15%	ADD 40%
83	VANGUARD ASSET MANAGEMENT, Ltd	289,697289,697	$27M	0.15%	NEW
84	Vinva Investment Management Ltd	300,405300,405	$27M	0.15%	TRIM -31%
85	SG Americas Securities, LLC	285,152285,152	$27M	0.14%	ADD 53%
86	Arbejdsmarkedets Tillaegspension	279,592279,592	$26M	0.14%	ADD 14%
87	TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY	263,340263,340	$25M	0.13%	TRIM -11%
88	Andra AP-fonden	259,048259,048	$24M	0.13%	TRIM -35%
89	WELLS FARGO & COMPANY/MN	255,022255,022	$24M	0.13%	TRIM -13%
90	Illinois Municipal Retirement Fund	254,990254,990	$24M	0.13%	ADD 10%
91	TODD ASSET MANAGEMENT LLC	251,893251,893	$24M	0.13%	TRIM -11%
92	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	241,287241,287	$23M	0.12%	TRIM -2%
93	Universal- Beteiligungs- und Servicegesellschaft mbH	235,852235,852	$22M	0.12%	ADD 12%
94	Ensign Peak Advisors, Inc	227,612227,612	$21M	0.11%	TRIM -9%
95	Cerity Partners LLC	226,501226,501	$21M	0.11%	—
96	PRINCIPAL FINANCIAL GROUP INC	225,492225,492	$21M	0.11%	ADD 2%
97	Korea Investment CORP	220,926220,926	$21M	0.11%	ADD 26%
98	LAZARD ASSET MANAGEMENT LLC	219,881219,881	$21M	0.11%	ADD 14%
99	Zurcher Kantonalbank (Zurich Cantonalbank)	210,788210,788	$20M	0.11%	—
100	Eurizon Capital SGR S.p.A.	210,792210,792	$20M	0.11%	ADD 28%

† a filer this large appearing as NEW usually reflects a renamed or succeeded filing entity (the old name stops filing the same quarter) — not a brand-new position.

Rows rank by the value each filer reported — 13F filers price their own positions, so a holder with fewer shares can rank just above one with more.

Holder trends· top 15 holders · shares held over 6 quarters

green added · red trimmed

Holder

2024-Q4

2025-Q1

2025-Q2

2025-Q3

2025-Q4

2026-Q1

Latest value

BAKER BROS. ADVISORS LP

30.7M

$2.9B

BlackRock, Inc.

16.5M

17.4M

18.0M

17.9M

18.3M

19.0M

$1.8B

Dodge & Coxtracked

14.9M

14.6M

13.9M

13.3M

12.3M

$1.2B

VANGUARD CAPITAL MANAGEMENT LLC

—

10.9M

$1.0B

STATE STREET CORP

10.0M

9.9M

9.7M

9.6M

$907M

VANGUARD PORTFOLIO MANAGEMENT LLC

—

7.8M

$730M

AQR CAPITAL MANAGEMENT LLC

3.5M

6.7M

8.2M

7.9M

6.7M

5.8M

$536M

GEODE CAPITAL MANAGEMENT, LLC

4.0M

4.2M

4.3M

4.5M

5.0M

4.7M

$441M

LSV ASSET MANAGEMENT

3.5M

3.6M

3.9M

4.0M

3.9M

$369M

Invesco Ltd.

3.0M

3.2M

3.4M

3.1M

3.5M

3.9M

$364M

RENAISSANCE TECHNOLOGIES LLC

4.1M

3.7M

3.9M

4.5M

4.0M

3.7M

$344M

WELLINGTON MANAGEMENT GROUP LLP

136K

81K

76K

21K

739K

3.3M

$307M

MORGAN STANLEY

2.8M

3.0M

2.6M

2.7M

2.9M

$268M

ARROWSTREET CAPITAL, LIMITED PARTNERSHIP

269K

341K

2.7M

3.1M

2.8M

$266M

Robeco Institutional Asset Management B.V.

1.3M

1.4M

2.4M

2.3M

2.5M

$237M

Institutional footprint by quarter

Line breaks are honest gaps — quarters with no 13F record, or a suppressed % — never interpolated. % of shares outstanding uses today's share count for every quarter (the only count stored).

Quarter	Holders	Shares held	% shares out	Value held
2026-Q1	806	201,988,697	101.1%	$19.0B
2025-Q4

Short interest has its own tab now — open SI →

Activists & large holders· Schedule 13D/G beneficial owners · INCY

Activists — 13D, active intent

BAKER BROS. ADVISORS LP15.6%▼ -0.1ppSCHEDULE 13D/A · Amd 33 · event 2026-05-07SEC →

31,225,572 shares · 7 reporting persons

Large holders — 13G, passive (top 5 by % of class)

Holder	% of class	Type	As of
BlackRock, Inc.	7.8%	QII	2025-09-30	SEC →
VANGUARD CAPITAL MANAGEMENT LLC	6.32%	QII	2026-03-31	SEC →

INCY US Equity☆

Institutional ownership· 13F filers holding INCY · 2026-Q1 methodology → sources →

Top holders

Holder trends· top 15 holders · shares held over 6 quarters

Institutional footprint by quarter

Activists & large holders· Schedule 13D/G beneficial owners · INCY

Institutional ownership· 13F filers holding INCY · 2026-Q1 methodology → sources →

Top holders

Holder trends· top 15 holders · shares held over 6 quarters

Institutional footprint by quarter

Activists & large holders· Schedule 13D/G beneficial owners · INCY

INCY US Equity