In Q2 2026, Baker Bros. Advisors held 80 positions worth $19.8B. They initiated 6 new positions and exited 70. Their largest holding was INCY ($3.5B). Portfolio value grew +14.2% versus the prior quarter.
Frequently asked questions
What stocks did Baker Bros. Advisors own in Q2 2026?
Baker Bros. Advisors held 80 biotech stocks in their 13F portfolio in Q2 2026. Their top positions include INCY, BEIGF, RVMD, MDGL, ACAD. The full holdings table is available on BiotechEdge with position sizes, quarter-over-quarter changes, and AI analysis.
How much was Baker Bros. Advisors's portfolio worth in Q2 2026?
Baker Bros. Advisors's tracked biotech portfolio was worth $19.8B across 80 positions, with total assets under management of approximately $17B. Portfolio values are based on 13F filings with the SEC.
What did Baker Bros. Advisors buy in Q2 2026?
Baker Bros. Advisors initiated 6 new positions in Q2 2026, including SNSE, CYTK, PBLS, AVLN, AVTX and 1 more. They also increased 17 existing positions.
What did Baker Bros. Advisors sell in Q2 2026?
Baker Bros. Advisors fully exited 70 positions in Q2 2026, including COGT, FHTX, CABA, ANAB, GERN and 65 more. They also trimmed 8 existing positions.
Is Baker Bros. Advisors a biotech fund?
Concentrated long-only biotech fund known for taking very large positions in a small number of high-conviction names. The Baker brothers—both trained scientists—focus on deep due diligence of clinical-stage and commercial biotech companies, often holding positions for years through clinical catalysts.
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