Baker Bros. Advisors — INCY

How Baker Bros. Advisors's position in INCYTE CORP changed quarter by quarter. Change badges compare each quarter to the fund's immediately-prior filing.

Quarter	Shares	Value	% of portfolio	Change
Q1 2026	30,744,412	$2,893,664,057	16.62%	ADD
Q4 2025	30,743,991	$3,036,583,991	17.78%	NEW