Supply breakdown
Shares as of Oct 22, 2026| Category | Shares | % | Value | Status |
|---|---|---|---|---|
| Circulating | 203.83M | 100.0% | $23.11B | Estimated |
| Free float | - | - | - | Unavailable |
| Insider-held, unrestricted | - | - | - | Unavailable |
| Locked team funds | - | - | - | Unavailable |
| Other restricted (unlisted classes only) | - | - | - | Unavailable |
| Total outstanding | 203.83M | 100.0% | $23.11B | Verified |
| Ownership views (overlap the categories above, never added) | ||||
| Institutional holdings (13F) | 202.64M | 99.4% | $22.97B | Estimated |
| Insider-held, all (Forms 3, 4, 5) | - | - | - | Unavailable |
Institutional and insider holdings can include both tradable and locked shares, so they are shown for reference and never added to the total. Check: no class has more shares deducted than it has outstanding, and the review found no shares that may be counted twice: reconciles.
Valuation
- Traditional$23.11B
- Fully diluted-
- Circulating$23.11B
- Free float-
- Locked team value$0
- Other restricted value$0
Locked and restricted shares
Not reviewed yet.
Institutional holders
13F, quarter ended Jun 30, 2026| Holder | Shares | % of total |
|---|---|---|
| BAKER BROS. ADVISORS LP | 30.76M | 15.09% |
| BlackRock, Inc. | 18.03M | 8.85% |
| Dodge & Cox | 11.96M | 5.87% |
| VANGUARD CAPITAL MANAGEMENT LLC | 11.02M | 5.41% |
| STATE STREET CORP | 9.72M | 4.77% |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 7.79M | 3.82% |
| AQR CAPITAL MANAGEMENT LLC | 5.32M | 2.61% |
| GEODE CAPITAL MANAGEMENT, LLC | 4.75M | 2.33% |
| LSV ASSET MANAGEMENT | 4.12M | 2.02% |
| Invesco Ltd. | 4.08M | 2.00% |
Sum of long share positions in Form 13F reports for the quarter. 13F covers managers with over $100M in US equities; some positions are reported by more than one filer.
Insiders
Forms 3, 4 and 5Form 4 aggregation pending
Share classes
| Class | Listing | Shares outstanding | As of |
|---|---|---|---|
| Common stock | INCY on Nasdaq | 203,832,492 | Oct 22, 2026 |
Notes and sources
- INCYTE CORP 10-Q for period ended 2026-09-30, Cover page (0000879169-26-000066)
- SEC public float (non-affiliates): $11.20B as of Jun 30, 2025, from the 10-K cover. It is a dollar value at a past date, not circulating supply.