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 ($2.3m this quarter). Holder counts are more reliable. Shares outstanding: 191.2m as of 2025-07-29, 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 ≈ $43.19. Options: 25 managers hold calls ($514.6m notional), 22 hold puts ($105.5m).
Trends to Q2 2025
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 |
| Q3 2024 | 256 |
| Q4 2024 | 265 |
| Q1 2025 | 306 |
| Q2 2025 | 361 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 118 | 102 |
| Q4 2023 | 129 | 103 |
| Q1 2024 | 141 | 122 |
| Q2 2024 | 148 | 110 |
| Q3 2024 | 140 | 109 |
| Q4 2024 | 134 | 116 |
| Q1 2025 | 186 | 109 |
| Q2 2025 | 223 | 137 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $287.7m | $69.0m | 0.24 |
| Q4 2024 | $389.0m | $77.2m | 0.20 |
| Q1 2025 | $471.6m | $80.1m | 0.17 |
| Q2 2025 | $514.6m | $105.5m | 0.20 |
Biggest buyers
| FARALLON CAPITAL MANAGEMENT, L.L.C. | Added | +2.2m |
| JANUS HENDERSON GROUP PLC | Added | +2.1m |
| MACQUARIE GROUP LTD | Added | +2.0m |
| D. E. Shaw & Co., Inc. | Added | +2.0m |
| VANGUARD GROUP INC | Added | +1.6m |
| TWO SIGMA INVESTMENTS, LP | Added | +1.5m |
| TWO SIGMA ADVISERS, LP | Added | +1.4m |
| Paradigm Biocapital Advisors LP | New | +965.8k |
| BlackRock, Inc. | Added | +902.0k |
| Balyasny Asset Management L.P. | Added | +841.5k |
Biggest sellers
| Kohlberg Kravis Roberts & Co. L.P. | Reduced | -6.0m |
| VIKING GLOBAL INVESTORS LP | Reduced | -3.5m |
| CITADEL ADVISORS LLC | Reduced | -2.6m |
| Deep Track Capital, LP | Reduced | -1.9m |
| Assenagon Asset Management S.A. | Reduced | -770.5k |
| Capital Research Global Investors | Reduced | -679.1k |
| Laurion Capital Management LP | Reduced | -566.9k |
| BIT Capital GmbH | Reduced | -540.1k |
| Ensign Peak Advisors, Inc | Reduced | -534.1k |
| Duquesne Family Office LLC | Sold out | -438.1k |
Biggest calls
| UBS Group AG | Reduced | $166.8m3.9m shares |
| JANE STREET GROUP, LLC | Added | $154.2m3.6m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $126.8m2.9m shares |
| GROUP ONE TRADING LLC | Reduced | $13.8m319.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $12.6m291.0k shares |
| CITADEL ADVISORS LLC | Reduced | $7.4m170.7k shares |
| DIADEMA PARTNERS LP | Unchanged | $5.7m131.4k shares |
| Caption Management, LLC | Reduced | $5.6m130.0k shares |
| CITIGROUP INC | Reduced | $5.2m121.0k shares |
| Balyasny Asset Management L.P. | Added | $3.9m89.2k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $25.8m597.4k shares |
| Portman Square Capital LLP | Added | $21.4m495.5k shares |
| JANE STREET GROUP, LLC | Added | $13.0m301.6k shares |
| CITADEL ADVISORS LLC | Reduced | $7.8m180.3k shares |
| GOLDMAN SACHS GROUP INC | Added | $5.4m125.0k shares |
| LMR Partners LLP | Unchanged | $4.7m107.7k shares |
| GROUP ONE TRADING LLC | Reduced | $4.5m105.2k shares |
| NOMURA HOLDINGS INC | Added | $4.2m96.8k shares |
| SIMPLEX TRADING, LLC | Added | $4.1m95.7k shares |
| Caption Management, LLC | Reduced | $3.0m70.0k 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 2025
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 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 |
| Q3 2024 | 0 | — | 2 | $778.9k | $778.9k |
| Q4 2024 | 0 | — | 2 | $707.1k | $707.1k |
| Q1 2025 | 0 | — | 3 | $31.5m | $31.5m |
| Q2 2025 | 0 | — | 6 | $16.0m | $11.9m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-06-27 | VIKING GLOBAL INVESTORS LP +7 10% owner · See Explanation of Responses | Sold | $154.0m3.5m shares |
| 2025-06-26 | Valantine Hannah Director | Sold | $106.5k2.4k shares |
| 2025-06-26 | Valantine Hannah Director | Sold | $100.8k2.3k shares |
| 2025-06-24 | MCCORMICK FRANK Director · By the Francis P. McCormick Rev Trust U/A DTD 1/27/2017 | Sold plan | $4.4m100.0k shares |
| 2025-06-10 | Valantine Hannah Director | Sold plan | $171.7k4.3k shares |
| 2025-05-20 | Kumar Neil Chief Executive Officer, director | Sold plan | $2.5m75.0k shares |
| 2025-05-19 | Kumar Neil Chief Executive Officer, director | Sold plan | $871.7k26.2k shares |
| 2025-05-12 | KRAVIS HENRY R +8 10% owner · See footnotes | Sold | $205.2m6.0m shares |
| 2025-05-02 | Lo Andrew Director · By Andrew W. Lo and Nancy N. Lo JTWROS | Sold | $3.9m100.0k shares |
| 2025-05-02 | Apuli Maricel Chief Accounting Officer | Sold | $39.5k1.0k shares |
| 2025-04-22 | Kumar Neil Chief Executive Officer, director · By Kumar Haldea Revocable Trust, of which the Reporting Person is a co-trustee. | Sold plan | $2.6m75.0k shares |
| 2025-04-14 | Ellis Andrea Director | Sold plan | $350.0k10.0k shares |
| 2025-04-01 | Ellis Andrea Director | Sold plan | $1.0m30.0k 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 2025
| Manager | Shares | Change |
|---|---|---|
| VIKING GLOBAL INVESTORS LP 2.32% of their portfolio | 18.6m $801.2m | Reduced -3.5m |
| VANGUARD GROUP INC 0.01% of their portfolio | 16.5m $711.8m | Added +1.6m |
| BlackRock, Inc. 0.01% of their portfolio | 14.3m $615.7m | Added +902.0k |
| Kohlberg Kravis Roberts & Co. L.P. 11.83% of their portfolio | 13.3m $572.6m | Reduced -6.0m |
| JANUS HENDERSON GROUP PLC 0.20% of their portfolio | 9.3m $400.5m | Added +2.1m |
| FARALLON CAPITAL MANAGEMENT, L.L.C. 1.56% of their portfolio | 7.9m $341.1m | Added +2.2m |
| Aisling Capital Management LP 72.85% of their portfolio | 6.1m $262.0m | Unchanged |
| STATE STREET CORP 0.01% of their portfolio | 5.9m $254.6m | Added +147.0k |
| Capital Research Global Investors 0.03% of their portfolio | 4.0m $172.2m | Reduced -679.1k |
| Frazier Life Sciences Management, L.P. 6.56% of their portfolio | 3.8m $164.1m | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 3.7m $159.0m | Added +178.7k |
| UBS Group AG 0.03% of their portfolio | 2.8m $121.4m | Added +614.0k |
| Invesco Ltd. 0.02% of their portfolio | 2.8m $120.9m | Added +594.9k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 2.6m $113.2m | Added +397.9k |
| ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio | 2.5m $106.7m | Reduced -213.6k |
| Laurion Capital Management LP 12.02% of their portfolio | 2.4m $104.1m | Reduced -566.9k |
| TWO SIGMA INVESTMENTS, LP 0.18% of their portfolio | 2.3m $101.0m | Added +1.5m |
| MACQUARIE GROUP LTD 0.11% of their portfolio | 2.1m $90.5m | Added +2.0m |
| D. E. Shaw & Co., Inc. 0.09% of their portfolio | 2.1m $89.9m | Added +2.0m |
| FMR LLC 0.00% of their portfolio | 2.0m $87.5m | Reduced -148.4k |
| NORGES BANK 0.01% of their portfolio | 2.0m $84.5m | Added +711.7k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.07% of their portfolio | 1.9m $81.7m | Added +3.8k |
| SC US (TTGP), LTD. 0.57% of their portfolio | 1.9m $80.3m | Unchanged |
| Pictet Asset Management Holding SA 0.08% of their portfolio | 1.8m $78.5m | Reduced -282.8k |
| Woodline Partners LP 0.39% of their portfolio | 1.7m $73.6m | Added +79.0k |
| Driehaus Capital Management LLC 0.58% of their portfolio | 1.7m $73.0m | Added +190.7k |
| TWO SIGMA ADVISERS, LP 0.15% of their portfolio | 1.7m $72.7m | Added +1.4m |
| Balyasny Asset Management L.P. 0.16% of their portfolio | 1.6m $70.9m | Added +841.5k |
| Cormorant Asset Management, LP 5.15% of their portfolio | 1.6m $69.1m | Reduced -400.0k |
| LORD, ABBETT & CO. LLC 0.20% of their portfolio | 1.4m $60.6m | Added +545.8k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.4m $58.9m | Added +76.8k |
| MORGAN STANLEY 0.00% of their portfolio | 1.3m $58.0m | Reduced -156.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 1.3m $57.5m | Added +49.2k |
| Ensign Peak Advisors, Inc 0.10% of their portfolio | 1.3m $56.8m | Reduced -534.1k |
| CITIGROUP INC 0.04% of their portfolio | 1.2m $53.9m | Reduced -153.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.1m $47.6m | Added +154.7k |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 1.1m $47.1m | Added +62.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 1.0m $44.5m | Reduced -117.8k |
| EMERALD ADVISERS, LLC 1.62% of their portfolio | 1.0m $44.1m | Reduced -124.2k |
| Sofinnova Investments, Inc. 2.92% of their portfolio | 993.1k $42.9m | Added +258.9k |
| Paradigm Biocapital Advisors LP 1.78% of their portfolio | 965.8k $41.7m | New |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 961.2k $41.5m | Reduced -203.8k |
| BARCLAYS PLC 0.02% of their portfolio | 933.5k $40.3m | Added +544.7k |
| Catalio Capital Management, LP 8.40% of their portfolio | 927.7k $40.1m | Reduced -35.2k |
| Deep Track Capital, LP 1.25% of their portfolio | 900.0k $38.9m | Reduced -1.9m |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 821.4k $35.5m | Added +482.1k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 787.0k $34.0m | Reduced -254.9k |
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC 1.28% of their portfolio | 757.7k $32.7m | Reduced -371.8k |
| PANAGORA ASSET MANAGEMENT INC 0.14% of their portfolio | 713.5k $30.8m | Added +97.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 704.4k $30.4m | Added +99.4k |
| EMERALD MUTUAL FUND ADVISERS TRUST 1.70% of their portfolio | 645.7k $27.9m | Reduced -78.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.04% of their portfolio | 634.6k $27.4m | Reduced -105.1k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 620.5k $26.8m | Added +380.5k |
| PRIMECAP MANAGEMENT CO/CA/ 0.02% of their portfolio | 588.7k $25.4m | Reduced -324.5k |
| Qube Research & Technologies Ltd 0.03% of their portfolio | 564.2k $24.4m | Reduced -196.3k |
| First Turn Management, LLC 4.44% of their portfolio | 551.7k $23.8m | Reduced -105.0k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 548.2k $23.7m | Added +64.5k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.21% of their portfolio | 535.8k $23.1m | Reduced -233.5k |
| PFM Health Sciences, LP 1.95% of their portfolio | 521.8k $22.5m | Reduced -386.3k |
| JANE STREET GROUP, LLC 0.04% of their portfolio | 504.3k $21.8m | Reduced -334.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 474.3k $20.5m | Added +299.2k |
| Prosight Management, LP 4.98% of their portfolio | 472.7k $20.4m | Reduced -137.3k |
| VOYA INVESTMENT MANAGEMENT LLC 0.02% of their portfolio | 468.7k $20.2m | Added +307.6k |
| GILDER GAGNON HOWE & CO LLC 0.21% of their portfolio | 465.4k $20.1m | Added +343.2k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 445.5k $19.2m | Added +90.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 439.1k $19.0m | Added +124.4k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 427.5k $18.5m | Added +326.1k |
| Philosophy Capital Management LLC 2.32% of their portfolio | 426.6k $18.4m | Added +35.0k |
| 683 Capital Management, LLC 1.86% of their portfolio | 425.0k $18.4m | Reduced -150.0k |
| MARSHALL WACE, LLP 0.02% of their portfolio | 422.7k $18.3m | Added +856 |
| Nuveen, LLC 0.00% of their portfolio | 411.9k $17.8m | Reduced -21.2k |
| EVENTIDE ASSET MANAGEMENT, LLC 0.29% of their portfolio | 384.2k $16.6m | Reduced -148.0k |
| Assenagon Asset Management S.A. 0.02% of their portfolio | 350.4k $15.1m | Reduced -770.5k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 345.3k $14.9m | Added +337.7k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 337.9k $14.6m | Added +258.0k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 332.3k $14.3m | Reduced -2.6m |
| Artisan Partners Limited Partnership 0.02% of their portfolio | 318.3k $13.7m | Reduced -20.1k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.02% of their portfolio | 301.4k $13.0m | Reduced -215.2k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 283.7k $12.3m | Added +67.0k |
| FEDERATED HERMES, INC. 0.02% of their portfolio | 277.6k $12.0m | New |
| WCM INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio | 275.2k $12.3m | Added +17.1k |
| Burkehill Global Management, LP 0.88% of their portfolio | 275.0k $11.9m | New |
| NOMURA HOLDINGS INC 0.09% of their portfolio | 271.1k $11.7m | Added +30.3k |
| CW Advisors, LLC 0.11% of their portfolio | 269.9k $11.7m | Reduced -2.6k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 263.7k $11.4m | Added +175.9k |
| ADAR1 Capital Management, LLC 1.82% of their portfolio | 259.7k $11.2m | Reduced -80.0k |
| Eagle Health Investments LP 2.76% of their portfolio | 259.3k $11.2m | New |
| Monashee Investment Management LLC 5.81% of their portfolio | 255.0k $11.0m | Added +80.0k |
| Swiss National Bank 0.01% of their portfolio | 254.4k $11.0m | Added +16.4k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 247.7k $10.7m | Added +27.6k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 245.9k $10.6m | New |
| READYSTATE ASSET MANAGEMENT LP 0.43% of their portfolio | 240.9k $10.4m | New |
| HighTower Advisors, LLC 0.01% of their portfolio | 228.4k $9.9m | Added +251 |
| ROYCE & ASSOCIATES LP 0.10% of their portfolio | 222.3k $9.6m | Added +30.5k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.02% of their portfolio | 214.7k $9.3m | Added +50.7k |
| Y-Intercept (Hong Kong) Ltd 0.22% of their portfolio | 211.0k $9.1m | New |
| Rafferty Asset Management, LLC 0.03% of their portfolio | 196.8k $8.5m | Reduced -5.3k |
| Cinctive Capital Management LP 0.47% of their portfolio | 194.4k $8.4m | New |
| ExodusPoint Capital Management, LP 0.10% of their portfolio | 190.6k $8.2m | Added +155.2k |
| Clearbridge Investments, LLC 0.01% of their portfolio | 184.8k $8.0m | New |