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 ($140.8k this quarter). Holder counts are more reliable. Shares outstanding: 188.0m as of 2024-07-25, 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 ≈ $25.33. Options: 28 managers hold calls ($306.2m notional), 19 hold puts ($85.9m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 181 |
| Q4 2022 | 179 |
| Q1 2023 | 213 |
| Q2 2023 | 199 |
| Q3 2023 | 223 |
| Q4 2023 | 249 |
| Q1 2024 | 246 |
| Q2 2024 | 253 |
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 |
| Q3 2023 | 118 | 102 |
| Q4 2023 | 129 | 103 |
| Q1 2024 | 141 | 122 |
| Q2 2024 | 148 | 110 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $91.1m | $58.0m | 0.64 |
| Q4 2023 | $111.0m | $90.1m | 0.81 |
| Q1 2024 | $267.4m | $95.3m | 0.36 |
| Q2 2024 | $306.2m | $85.9m | 0.28 |
Biggest buyers
| BlackRock Inc. | Added | +2.0m |
| CITADEL ADVISORS LLC | Added | +1.3m |
| Paradigm Biocapital Advisors LP | New | +1.1m |
| JANUS HENDERSON GROUP PLC | Added | +999.8k |
| VANGUARD GROUP INC | Added | +832.6k |
| ADAR1 Capital Management, LLC | Added | +714.8k |
| GOLDMAN SACHS GROUP INC | Added | +672.3k |
| Man Group plc | New | +619.9k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +618.3k |
| Ensign Peak Advisors, Inc | Added | +506.8k |
Biggest sellers
| LORD, ABBETT & CO. LLC | Sold out | -5.6m |
| MORGAN STANLEY | Reduced | -2.1m |
| Cormorant Asset Management, LP | Reduced | -1.3m |
| T. Rowe Price Investment Management, Inc. | Reduced | -1.2m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Reduced | -1.0m |
| Laurion Capital Management LP | Reduced | -787.5k |
| FMR LLC | Reduced | -785.7k |
| Altitude Crest Partners Inc. | Sold out | -612.1k |
| CITIGROUP INC | Reduced | -474.7k |
| ALLIANCEBERNSTEIN L.P. | Reduced | -391.9k |
Biggest calls
| UBS Group AG | Unchanged | $97.9m3.9m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $75.8m3.0m shares |
| JANE STREET GROUP, LLC | Added | $47.5m1.9m shares |
| GROUP ONE TRADING LLC | Added | $15.4m609.2k shares |
| Ikarian Capital, LLC | Reduced | $15.2m6.0k shares |
| Caption Management, LLC | Reduced | $13.3m525.0k shares |
| CITADEL ADVISORS LLC | Reduced | $7.9m313.0k shares |
| SIMPLEX TRADING, LLC | Added | $6.1m242.4k shares |
| Portman Square Capital LLP | New | $6.0m236.2k shares |
| SPHERA FUNDS MANAGEMENT LTD. | Added | $5.2m204.6k shares |
Biggest puts
| Caption Management, LLC | Added | $22.5m888.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $21.6m851.6k shares |
| Graham Capital Management, L.P. | Unchanged | $9.8m387.1k shares |
| SIMPLEX TRADING, LLC | Added | $7.2m282.6k shares |
| Portman Square Capital LLP | Reduced | $6.1m239.2k shares |
| CITADEL ADVISORS LLC | Added | $5.2m206.1k shares |
| GROUP ONE TRADING LLC | Added | $4.4m174.9k shares |
| JANE STREET GROUP, LLC | Reduced | $4.4m172.0k shares |
| LMR Partners LLP | Added | $2.2m87.1k shares |
| WOLVERINE ASSET MANAGEMENT LLC | Unchanged | $965.1k38.1k 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 2024
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 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 2 | $510.6k | — |
| Q1 2023 | 0 | — | 2 | $6.2m | — |
| Q2 2023 | 0 | — | 2 | $6.4m | $6.4m |
| Q3 2023 | 0 | — | 3 | $2.2m | $2.2m |
| Q4 2023 | 0 | — | 5 | $6.7m | $6.7m |
| Q1 2024 | 0 | — | 2 | $305.7k | $305.7k |
| Q2 2024 | 0 | — | 1 | $75.8k | $75.8k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-06-04 | Scott Randal W. Director · By Thinking Bench Capital LLC | Sold plan | $47.0k1.5k shares |
| 2024-06-03 | Scott Randal W. Director · By Thinking Bench Capital LLC | Sold plan | $28.8k1.0k 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 2024
| Manager | Shares | Change |
|---|---|---|
| Kohlberg Kravis Roberts & Co. L.P. 23.60% of their portfolio | 31.1m $786.8m | Unchanged |
| VIKING GLOBAL INVESTORS LP 2.45% of their portfolio | 25.1m $636.3m | Unchanged |
| VANGUARD GROUP INC 0.01% of their portfolio | 14.1m $356.0m | Added +832.6k |
| BlackRock Inc. 0.01% of their portfolio | 12.4m $315.3m | Added +2.0m |
| Aisling Capital Management LP 66.52% of their portfolio | 6.1m $153.7m | Unchanged |
| STATE STREET CORP 0.01% of their portfolio | 5.9m $148.3m | Added +461.3k |
| Laurion Capital Management LP 3.62% of their portfolio | 4.4m $111.2m | Reduced -787.5k |
| JANUS HENDERSON GROUP PLC 0.06% of their portfolio | 4.3m $109.3m | Added +999.8k |
| Frazier Life Sciences Management, L.P. 4.30% of their portfolio | 3.6m $92.0m | Added +217.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 3.3m $83.4m | Added +427.6k |
| Pictet Asset Management Holding SA 0.08% of their portfolio | 2.6m $67.1m | Reduced -283.5k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 2.5m $62.1m | Reduced -391.9k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 2.3m $58.2m | Added +672.3k |
| Capital Research Global Investors 0.01% of their portfolio | 2.2m $56.0m | Unchanged |
| CITADEL ADVISORS LLC 0.05% of their portfolio | 2.2m $54.6m | Added +1.3m |
| SC US (TTGP), LTD. 0.38% of their portfolio | 1.9m $47.1m | Unchanged |
| Cormorant Asset Management, LP 2.74% of their portfolio | 1.9m $47.1m | Reduced -1.3m |
| Ensign Peak Advisors, Inc 0.08% of their portfolio | 1.6m $41.7m | Added +506.8k |
| FMR LLC 0.00% of their portfolio | 1.5m $39.0m | Reduced -785.7k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.04% of their portfolio | 1.5m $38.9m | Added +442.2k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 1.5m $37.2m | Reduced -71.8k |
| MORGAN STANLEY 0.00% of their portfolio | 1.4m $36.2m | Reduced -2.1m |
| HHLR ADVISORS, LTD. 0.87% of their portfolio | 1.4m $35.2m | Added +23.2k |
| CITIGROUP INC 0.03% of their portfolio | 1.3m $33.3m | Reduced -474.7k |
| ADAR1 Capital Management, LLC 6.45% of their portfolio | 1.3m $32.0m | Added +714.8k |
| PERCEPTIVE ADVISORS LLC 0.74% of their portfolio | 1.2m $30.8m | Reduced -196.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.2m $30.1m | Added +141.2k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.1m $28.6m | Reduced -190 |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 1.1m $28.5m | Added +52.0k |
| AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio | 1.1m $27.8m | Added +182.6k |
| UBS Group AG 0.01% of their portfolio | 1.1m $27.7m | Reduced -7.2k |
| Paradigm Biocapital Advisors LP 1.06% of their portfolio | 1.1m $27.6m | New |
| Invesco Ltd. 0.01% of their portfolio | 1.1m $27.6m | Added +90.1k |
| Woodline Partners LP 0.23% of their portfolio | 949.6k $24.1m | Added +248.8k |
| PRIMECAP MANAGEMENT CO/CA/ 0.02% of their portfolio | 926.9k $23.5m | Reduced -330 |
| SPHERA FUNDS MANAGEMENT LTD. 3.76% of their portfolio | 910.1k $23.1m | Added +324.1k |
| NORGES BANK 0.00% of their portfolio | 893.7k $22.6m | Reduced -190.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 824.8k $20.9m | Added +20.9k |
| Prosight Management, LP 6.06% of their portfolio | 800.0k $20.3m | Added +210.5k |
| PANAGORA ASSET MANAGEMENT INC 0.09% of their portfolio | 728.0k $18.4m | Added +312.7k |
| JANE STREET GROUP, LLC 0.02% of their portfolio | 717.2k $18.2m | Added +487.6k |
| EVENTIDE ASSET MANAGEMENT, LLC 0.31% of their portfolio | 716.9k $18.2m | Unchanged |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 706.1k $17.9m | Added +64.2k |
| Octagon Capital Advisors LP 2.88% of their portfolio | 690.0k $17.5m | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio | 676.6k $17.1m | Added +618.3k |
| EMERALD ADVISERS, LLC 0.71% of their portfolio | 666.3k $16.9m | Reduced -32.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 643.3k $16.3m | Reduced -174.5k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 624.8k $15.8m | Added +112.7k |
| Man Group plc 0.04% of their portfolio | 619.9k $15.7m | New |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio | 598.3k $15.2m | Added +219.3k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 567.7k $14.4m | Added +256.3k |
| TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio | 565.5k $14.3m | Reduced -179.1k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.03% of their portfolio | 548.0k $13.9m | Added +272.0k |
| EMERALD MUTUAL FUND ADVISERS TRUST 0.66% of their portfolio | 498.3k $12.6m | Reduced -2.0k |
| BARCLAYS PLC 0.00% of their portfolio | 413.3k $10.5m | Added +8.1k |
| Caption Management, LLC 1.09% of their portfolio | 406.0k $10.3m | Added +95.6k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 382.7k $9.7m | Added +34.4k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio | 354.0k $9.0m | Reduced -1.0m |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 352.2k $8.9m | Reduced -381.1k |
| BRAIDWELL LP 0.27% of their portfolio | 345.6k $8.8m | Added +744 |
| TWINBEECH CAPITAL LP 0.17% of their portfolio | 341.2k $8.6m | New |
| Ikarian Capital, LLC 2.62% of their portfolio | 332.0k $8.4m | Added +50.0k |
| Board of Trustees of The Leland Stanford Junior University 0.57% of their portfolio | 331.3k $8.4m | Unchanged |
| Cutter Capital Management, LP 2.41% of their portfolio | 311.7k $7.9m | New |
| Melqart Asset Management (UK) Ltd 0.73% of their portfolio | 307.9k $7.8m | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 278.2k $7.0m | Reduced -52.0k |
| T. Rowe Price Investment Management, Inc. 0.00% of their portfolio | 276.4k $7.0m | Reduced -1.2m |
| Rafferty Asset Management, LLC 0.03% of their portfolio | 271.6k $6.9m | Reduced -44.8k |
| EAGLE ASSET MANAGEMENT INC 0.04% of their portfolio | 263.6k $6.6m | Reduced -46.6k |
| Fernwood Investment Management, LLC 2.01% of their portfolio | 255.5k $6.5m | Added +10.4k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 252.8k $6.4m | Reduced -49.0k |
| Squarepoint Ops LLC 0.02% of their portfolio | 252.8k $6.4m | New |
| Granahan Investment Management, LLC 0.25% of their portfolio | 251.5k $6.4m | Reduced -205.5k |
| Assenagon Asset Management S.A. 0.02% of their portfolio | 246.9k $6.3m | Added +239.9k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 241.8k $6.1m | Added +125.2k |
| Matrix Capital Management Company, LP 0.05% of their portfolio | 240.0k $6.1m | Added +70.0k |
| NOMURA HOLDINGS INC 0.04% of their portfolio | 228.2k $5.8m | Reduced -153.4k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 224.1k $5.7m | Reduced -193.8k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 221.4k $5.6m | Added +36.2k |
| SUPERSTRING CAPITAL MANAGEMENT LP 7.02% of their portfolio | 219.8k $5.6m | Reduced -133.7k |
| Swiss National Bank 0.00% of their portfolio | 216.9k $5.5m | Added +10.9k |
| Balyasny Asset Management L.P. 0.01% of their portfolio | 207.3k $5.3m | New |
| HighTower Advisors, LLC 0.01% of their portfolio | 201.3k $5.1m | Added +2.0k |
| 683 Capital Management, LLC 0.53% of their portfolio | 200.0k $5.1m | Added +110.0k |
| Rhenman & Partners Asset Management AB 0.45% of their portfolio | 184.5k $4.7m | Added +80.0k |
| WCM INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 176.7k $4.5m | Added +2.8k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.10% of their portfolio | 167.8k $4.3m | New |
| Legal & General Group Plc 0.00% of their portfolio | 158.2k $4.0m | Added +1.2k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.04% of their portfolio | 148.4k $3.8m | Reduced -301.2k |
| Erste Asset Management GmbH 0.05% of their portfolio | 140.2k $3.5m | Added +33.0k |
| Ghost Tree Capital, LLC 1.23% of their portfolio | 140.0k $3.5m | Reduced -35.0k |
| BIT Capital GmbH 0.30% of their portfolio | 129.2k $3.3m | Reduced -9.5k |
| Moody Aldrich Partners LLC 0.62% of their portfolio | 125.8k $3.2m | Reduced -23.4k |
| Sio Capital Management, LLC 1.20% of their portfolio | 125.2k $3.2m | Reduced -78.0k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 125.2k $3.2m | Reduced -4.8k |
| M28 Capital Management LP 3.98% of their portfolio | 121.2k $3.1m | Unchanged |
| ArrowMark Colorado Holdings LLC 0.03% of their portfolio | 110.0k $2.8m | Unchanged |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 109.8k $2.8m | Added +4.2k |
| DekaBank Deutsche Girozentrale 0.00% of their portfolio | 100.0k $2.5m | Unchanged |
| Affinity Asset Advisors, LLC 0.40% of their portfolio | 100.0k $2.5m | Added +50.0k |