BRIDGEBIO PHARMA INC BBIO
COM · Common Stock · CUSIP 10806X102 · ISIN US10806X1028
Company in Palo Alto, United States
- SectorHealth care
- IndustryPharmaceutical Preparations
- HeadquartersPalo Alto, CA
- Founded2015
- Websitebridgebio.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($1.5m this quarter). Holder counts are more reliable. Shares outstanding: 162.5m as of 2023-07-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $17.20. Options: 33 managers hold calls ($119.8m notional), 27 hold puts ($93.5m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 181 |
| Q4 2022 | 179 |
| Q1 2023 | 213 |
| Q2 2023 | 199 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 75 | 95 |
| Q1 2023 | 134 | 82 |
| Q2 2023 | 99 | 102 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $4.5m | $3.2m | 0.71 |
| Q4 2022 | $2.1m | $761.3k | 0.37 |
| Q1 2023 | $53.7m | $52.0m | 0.97 |
| Q2 2023 | $119.8m | $93.5m | 0.78 |
Biggest buyers
| STATE STREET CORP | Added | +1.9m |
| Laurion Capital Management LP | Added | +1.2m |
| PICTET ASSET MANAGEMENT SA | Added | +1.1m |
| Frazier Life Sciences Management, L.P. | Added | +817.2k |
| Invesco Ltd. | Added | +631.2k |
| VICTORY CAPITAL MANAGEMENT INC | Added | +541.7k |
| EMERALD ADVISERS, LLC | New | +479.1k |
| BlackRock Inc. | Added | +463.9k |
| EMERALD MUTUAL FUND ADVISERS TRUST | New | +395.5k |
| Nuveen Asset Management, LLC | Added | +387.6k |
Biggest sellers
| FMR LLC | Reduced | -2.5m |
| AMERICAN INTERNATIONAL GROUP, INC. | Reduced | -1.7m |
| MARSHALL WACE, LLP | Sold out | -1.1m |
| Avidity Partners Management LP | Sold out | -1.0m |
| HHLR ADVISORS, LTD. | Reduced | -985.0k |
| RENAISSANCE TECHNOLOGIES LLC | Sold out | -763.7k |
| BANK OF AMERICA CORP /DE/ | Reduced | -640.3k |
| D. E. Shaw & Co., Inc. | Reduced | -599.0k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Reduced | -563.0k |
| Artal Group S.A. | Sold out | -500.0k |
Biggest calls
| Caption Management, LLC | Added | $21.3m1.2m shares |
| Ikarian Capital, LLC | Added | $21.2m1.2m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $14.5m844.3k shares |
| Logos Global Management LP | New | $11.2m650.0k shares |
| CITADEL ADVISORS LLC | Added | $9.4m548.3k shares |
| JANE STREET GROUP, LLC | Added | $9.0m524.8k shares |
| GROUP ONE TRADING LLC | Added | $6.6m381.9k shares |
| SIMPLEX TRADING, LLC | Added | $5.9m340.8k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $5.2m302.7k shares |
| BOOTHBAY FUND MANAGEMENT, LLC | Reduced | $4.3m250.3k shares |
Biggest puts
| LMR Partners LLP | New | $18.1m1.1m shares |
| Cormorant Asset Management, LP | New | $13.9m810.8k shares |
| Caption Management, LLC | Added | $12.7m735.7k shares |
| JANE STREET GROUP, LLC | Added | $8.7m508.3k shares |
| Affinity Asset Advisors, LLC | Reduced | $6.5m376.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $5.2m301.5k shares |
| CITADEL ADVISORS LLC | Added | $5.1m295.8k shares |
| KINGDON CAPITAL MANAGEMENT, L.L.C. | Added | $4.6m267.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $3.7m215.7k shares |
| Altium Capital Management LLC | New | $3.4m200.0k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| JANUS HENDERSON GROUP PLC 13G · institution +1.1 pts · filed 2026-05-15 | 6.8% |
| FARALLON CAPITAL MANAGEMENT, L.L.C. 13G · institution filed 2026-08-03 | 5.5% |
| Farallon Capital Partners, L.P. 13G · passive investor new · filed 2026-05-29 | 5.2% |
| BlackRock, Inc. 13G · institution +0.1 pts · filed 2026-10-27 | 5.1% |
VIKING GLOBAL INVESTORS LP
13D · may seek influence
-1.1 pts · filed 2026-07-10
Stated purposeItem 4 of the Schedule 13D is hereby amended and supplemented as follows: The response to Item 5(c) of this Amendment No. 12 is incorporated by reference herein. Full filing |
5.0% |
Fell to 5% or below in the last year: KKR Genetic Disorder L.P. (4.7%, 2026-08-17), Kumar Neil (4.6%, 2026-04-16), VANGUARD GROUP INC (0.0%, 2026-03-26)
Insider purchases and sales in Q2 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 5 | $2.1m | 1 | $150.3k | — |
| Q1 2022 | 2 | $346.2k | 0 | — | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 2 | $510.6k | — |
| Q1 2023 | 0 | — | 2 | $6.2m | — |
| Q2 2023 | 0 | — | 2 | $6.4m | $6.4m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-05-17 | Kumar Neil CEO and President, director | Sold plan | $722.2k51.6k shares |
| 2023-05-17 | STEPHENSON BRIAN C Secretary, Treasurer & CFO | Sold plan | $342.2k24.4k shares |
| 2023-05-03 | Kumar Neil CEO and President, director · See Footnote | Sold plan | $1.7m120.0k shares |
| 2023-05-03 | STEPHENSON BRIAN C Secretary, Treasurer & CFO | Sold plan | $920.7k64.9k shares |
| 2023-04-05 | Kumar Neil CEO and President, director · See Footnote | Sold plan | $1.9m120.0k shares |
| 2023-04-05 | STEPHENSON BRIAN C Secretary, Treasurer & CFO | Sold plan | $857.5k55.5k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| Kohlberg Kravis Roberts & Co. L.P. 16.54% of their portfolio | 31.1m $534.2m | Unchanged |
| VIKING GLOBAL INVESTORS LP 1.87% of their portfolio | 26.6m $457.9m | Unchanged |
| VANGUARD GROUP INC 0.00% of their portfolio | 11.7m $201.0m | Reduced -378.3k |
| BlackRock Inc. 0.00% of their portfolio | 9.6m $164.8m | Added +463.9k |
| STATE STREET CORP 0.01% of their portfolio | 7.1m $121.6m | Added +1.9m |
| Aisling Capital Management LP 51.13% of their portfolio | 6.1m $104.4m | Unchanged |
| Laurion Capital Management LP 3.51% of their portfolio | 4.7m $81.7m | Added +1.2m |
| Cormorant Asset Management, LP 4.08% of their portfolio | 4.2m $71.7m | Reduced -388.2k |
| HHLR ADVISORS, LTD. 1.10% of their portfolio | 3.0m $51.5m | Reduced -985.0k |
| PICTET ASSET MANAGEMENT SA 0.05% of their portfolio | 2.5m $43.6m | Added +1.1m |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.4m $41.6m | Added +166.2k |
| Frazier Life Sciences Management, L.P. 2.04% of their portfolio | 2.0m $34.2m | Added +817.2k |
| SC US (TTGP), LTD. 0.30% of their portfolio | 1.9m $32.0m | Unchanged |
| PERCEPTIVE ADVISORS LLC 0.87% of their portfolio | 1.7m $30.1m | Reduced -158.1k |
| FMR LLC 0.00% of their portfolio | 1.7m $28.6m | Reduced -2.5m |
| D. E. Shaw & Co., Inc. 0.04% of their portfolio | 1.6m $28.1m | Reduced -599.0k |
| CITIGROUP INC 0.03% of their portfolio | 1.4m $24.6m | Reduced -119.5k |
| Octagon Capital Advisors LP 2.93% of their portfolio | 1.2m $21.0m | Reduced -119.0k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.1m $19.4m | Added +171.9k |
| Ensign Peak Advisors, Inc 0.04% of their portfolio | 1.1m $18.6m | Unchanged |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.0m $17.6m | Added +50.2k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.10% of their portfolio | 977.8k $16.8m | Reduced -1.7m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 963.0k $16.6m | Added +38.1k |
| EVENTIDE ASSET MANAGEMENT, LLC 0.27% of their portfolio | 941.2k $16.2m | Unchanged |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 908.7k $15.6m | Added +387.6k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 768.7k $13.2m | Added +35.9k |
| NORGES BANK 0.00% of their portfolio | 762.3k $13.1m | Unchanged |
| TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio | 740.4k $12.7m | Reduced -39.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 724.7k $12.5m | Reduced -640.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 704.5k $11.7m | Unchanged |
| PRIMECAP MANAGEMENT CO/CA/ 0.01% of their portfolio | 696.1k $12.0m | Reduced -43.9k |
| Invesco Ltd. 0.00% of their portfolio | 684.5k $11.8m | Added +631.2k |
| BARCLAYS PLC 0.01% of their portfolio | 589.2k $10.1m | Reduced -81.7k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 553.7k $9.5m | Added +541.7k |
| MORGAN STANLEY 0.00% of their portfolio | 553.4k $9.5m | Reduced -361.4k |
| Rafferty Asset Management, LLC 0.05% of their portfolio | 519.2k $8.9m | Added +178.0k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio | 479.5k $8.2m | Reduced -563.0k |
| EMERALD ADVISERS, LLC 0.36% of their portfolio | 479.1k $8.2m | New |
| Bank of New York Mellon Corp 0.00% of their portfolio | 469.3k $8.1m | Added +474 |
| FEDERATED HERMES, INC. 0.02% of their portfolio | 433.9k $7.5m | Added +178.4k |
| Ikarian Capital, LLC 2.49% of their portfolio | 429.7k $7.4m | Reduced -165.0k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 413.6k $7.1m | Added +126.9k |
| EMERALD MUTUAL FUND ADVISERS TRUST 0.37% of their portfolio | 395.5k $6.8m | New |
| TWO SIGMA ADVISERS, LP 0.02% of their portfolio | 395.2k $6.8m | Added +76.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 393.4k $6.8m | Reduced -131.9k |
| Soleus Capital Management, L.P. 0.70% of their portfolio | 364.0k $6.3m | Unchanged |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 344.7k $5.9m | Added +184.7k |
| Board of Trustees of The Leland Stanford Junior University 0.57% of their portfolio | 331.3k $5.7m | Unchanged |
| NOMURA HOLDINGS INC 0.06% of their portfolio | 325.8k $5.6m | Added +80.7k |
| SPHERA FUNDS MANAGEMENT LTD. 1.19% of their portfolio | 321.6k $5.5m | Reduced -240.3k |
| Logos Global Management LP 0.71% of their portfolio | 300.0k $5.2m | New |
| Woodline Partners LP 0.06% of their portfolio | 290.0k $5.0m | Reduced -23.2k |
| Candriam S.C.A. 0.04% of their portfolio | 285.0k $4.9m | Unchanged |
| WCM INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 278.7k $4.8m | Reduced -93.9k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 272.3k $4.7m | Reduced -115.8k |
| Jefferies Financial Group Inc. 0.10% of their portfolio | 272.2k $4.7m | Added +111.9k |
| Clearline Capital LP 0.58% of their portfolio | 262.9k $4.5m | Reduced -2.1k |
| Squarepoint Ops LLC 0.02% of their portfolio | 257.1k $4.4m | Added +9.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 245.8k $4.2m | Added +201.5k |
| Fernwood Investment Management, LLC 1.46% of their portfolio | 239.9k $4.1m | Added +2.9k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 226.1k $3.9m | Reduced -110.2k |
| HighTower Advisors, LLC 0.01% of their portfolio | 223.6k $3.8m | Added +15.0k |
| Global IMC LLC 1.13% of their portfolio | 223.2k $3.8m | Unchanged |
| Ghisallo Capital Management LLC 0.42% of their portfolio | 205.0k $3.5m | Unchanged |
| Swiss National Bank 0.00% of their portfolio | 191.8k $3.3m | Added +46.6k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 191.5k $3.3m | New |
| Cubist Systematic Strategies, LLC 0.04% of their portfolio | 185.1k $3.2m | Reduced -33.6k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 177.8k $3.1m | Added +15.4k |
| M28 Capital Management LP 3.78% of their portfolio | 166.2k $2.9m | Reduced -138.5k |
| UBS Group AG 0.00% of their portfolio | 162.6k $2.8m | Added +77.8k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 155.6k $2.7m | Added +22.8k |
| Informed Momentum Co LLC 0.49% of their portfolio | 154.4k $2.7m | Unchanged |
| Assenagon Asset Management S.A. 0.01% of their portfolio | 151.0k $2.6m | Added +17.4k |
| Tekla Capital Management LLC 0.10% of their portfolio | 150.9k $2.6m | Unchanged |
| PANAGORA ASSET MANAGEMENT INC 0.01% of their portfolio | 140.2k $2.4m | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 136.2k $2.3m | Added +70.3k |
| Rhenman & Partners Asset Management AB 0.24% of their portfolio | 135.0k $2.3m | Unchanged |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 115.6k $2.0m | Added +17.1k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.07% of their portfolio | 113.1k $1.9m | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 107.1k $1.8m | Reduced -7.3k |
| GROUP ONE TRADING LLC 0.08% of their portfolio | 106.8k $1.8m | Reduced -12.9k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 103.3k $1.8m | Added +41.3k |
| DekaBank Deutsche Girozentrale 0.00% of their portfolio | 100.0k $1.7m | Unchanged |
| Bellevue Group AG 0.02% of their portfolio | 96.9k $1.7m | Added +14.3k |
| PROFUND ADVISORS LLC 0.09% of their portfolio | 94.5k $1.6m | Added +43.7k |
| Legal & General Group Plc 0.00% of their portfolio | 93.5k $1.6m | Added +6.9k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.05% of their portfolio | 89.0k $1.5m | Reduced -33.8k |
| MIZUHO MARKETS AMERICAS LLC 0.11% of their portfolio | 86.4k $1.5m | Reduced -7.8k |
| Hennion & Walsh Asset Management, Inc. 0.09% of their portfolio | 84.5k $1.5m | Reduced -2.3k |
| B. Metzler seel. Sohn & Co. AG 0.02% of their portfolio | 81.6k $1.4m | Added +27.9k |
| Moody Aldrich Partners LLC 0.27% of their portfolio | 79.9k $1.4m | Reduced -65.0k |
| LMR Partners LLP 0.03% of their portfolio | 77.5k $1.3m | New |
| Vestcor Inc 0.05% of their portfolio | 73.8k $1.3m | New |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 68.3k $1.2m | Added +7.5k |
| Erste Asset Management GmbH 0.02% of their portfolio | 68.2k $1.2m | Unchanged |
| Vontobel Holding Ltd. 0.01% of their portfolio | 67.6k $1.2m | Reduced -25.2k |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 66.7k $1.1m | Reduced -32.5k |
| IRONWOOD INVESTMENT MANAGEMENT LLC 0.66% of their portfolio | 66.4k $1.1m | Reduced -2.5k |
| MetLife Investment Management, LLC 0.01% of their portfolio | 60.4k $1.0m | Added +4.7k |
| Weiss Multi-Strategy Advisers LLC 0.02% of their portfolio | 59.9k $1.0m | Added +22.2k |