BVF INC/IL

$3.1B reported 13(f) long value · latest quarter 2026-03-31 · CIK 1056807 · EDGAR ↗
sum of disclosed values for 2026-03-31; 0 positions carry a NULL value and are excluded from the sum, surfaced here rather than folded away
$3.1B
ALL retained default holdings for this (filer, period), including NULL-value ones
41
positions with no comparable holding in the prior quarter (kind new), 2026-03-31
4
positions absent from this quarter's filing after being held last quarter (kind exit), 2026-03-31 — inferred from absence, not a sale record
4
A quarter-end snapshot. Filed up to 45 days later, so this page is not current holdings and never a complete portfolio. what a 13F is — and is not ↓ methodology §13F ↗
FILING WINDOW OPEN
Quarter 2026-09-30: the 13F window is open until 2026-11-16. Rankings and QoQ moves that touch this quarter are provisional by construction — filers who have not yet reported are not zeros.

Position changes — into 2026-03-31

by shares · Δ value · filing link · how changes are classified §
Period
Position changes into quarter 2026-03-31
position matched across quarters by exact reported CUSIP over a registry gap — producer-reconciled identity, never a name match identity_reconciled_by_cusipthe reported share count is unchanged across the pair; this build's data classified the change from its reported value; builds from 2026-09-10 on read it as NO CHANGE classified_by_value · EXIT = absent this quarter: disposed, delisted, under confidential treatment, or reported instead by an affiliated manager — the filing does not say which · change not classifiable: value undisclosed on one side of the quarter pair, or neither shares nor value can classify it · NO CHANGE = the share count is identical in both quarters; the value moved only with price, so the row is mark-to-market and never an ADD or a TRIM (NEW / ADD / TRIM / EXIT / NO CHANGE) · NO PRIOR = this filer has no comparable holdings list for the previous quarter on record — a first filing under this registration, or a quarter reported inside an affiliated manager's filing — so the position is not called a new stakederived by Public Filings from the published aggregate; NULL means the source did not disclose a usable value — never zeroreported unit changed across the pair (SH↔PRN); the share delta is withheld rather than fabricated shares_unit_mismatchPrev valueCurr valuePrev sharesCurr shares
position key sid:sec:prov:66a515f74f11d5e1caa284d2543264a2 · issuer key cusip6:61559X CLASS A ORDTRIM+$37.9M−3,750,000$260M$298M19,751,28416,001,284
position key pos:14656 · issuer key iss:1552 COMTRIM+$10.5M−500,000$267M$278M3,356,7822,856,782
position key sid:sec:prov:8689270ade82a464b05b5b23e79f9006 · issuer key cusip6:640268 COM NEWADD+$118M+1,000,000$65.9M$184M1,559,5952,559,595
position key sid:sec:prov:862b191ccb923fc424f39385b48ce4f8 · issuer key cusip6:86366E SPONSORED ADSTRIM−$75.2M−19,664$242M$167M3,479,0223,459,358
position key pos:11504 · issuer key iss:1236 COMADD+$28.3M+89,437$118M$146M1,495,2901,584,727
position key sid:sec:prov:592cbdfa12c811cc697874a89333d4bb · issuer key cusip6:G3855L ORDINARY SHARESTRIM+$9.5M−177,554$112M$122M8,827,7128,650,158
position key sid:sec:prov:306a1219dc3e80453ba2cb392e4281b0 · issuer key cusip6:697947 COMADD+$27.8M+81,980$92.0M$120M879,009960,989
position key sid:sec:prov:cc436d9af4067ff4382c62284d4ff9e5 · issuer key cusip6:98985Y COMTRIM−$10.2M−204,499$104M$93.5M3,938,6413,734,142
position key sid:sec:prov:3fee4169345e05a49cf14bcc2babfc71 · issuer key cusip6:86150R COMADD+$11.0M+281,883$71.9M$82.9M2,265,6742,547,557
position key pos:12161 · issuer key iss:587 COMADD+$29.7M+622,312$51.6M$81.4M650,0001,272,312
position key sid:sec:prov:47170149b82e95e4444c881acffa67fc · issuer key cusip6:90240B COMTRIM+$19.8M−151,469$55.9M$75.7M2,127,6651,976,196
position key sid:sec:prov:3224bd4d4c1e7dd823e99e6304f866c2 · issuer key cusip6:61225M COMADD+$13.2M+625,000$60.1M$73.4M3,835,8864,460,886
position key pos:15525 · issuer key iss:2023 SHSNEW+$70.7M+2,000,000$0$70.7M—2,000,000
position key sid:sec:prov:44dcd89ab4e3fa904b2bfbfadeb83d25 · issuer key cusip6:50127T COMTRIM−$20.9M−171,393$89.5M$68.7M8,617,1628,445,769
position key sid:sec:prov:45f58e3bf467aafd3516eb30bc85b601 · issuer key cusip6:03589W COMTRIM+$2.4M−429,907$45.8M$48.2M9,128,0808,698,173
position key pos:15541 · issuer key iss:958 ADSTRIM−$11.3M−194,512$50.3M$39.0M1,488,9751,294,463
position key sid:sec:prov:c07b19289bd1953ef889bf232426771d · issuer key cusip6:81734D COMTRIM−$15.5M−367,533$48.0M$32.5M1,720,7821,353,249
position key sid:sec:prov:c4149a9e14976bb08df8d6a0cb6dd6b6 · issuer key cusip6:869367 COM SHSNEW+$31.2M+1,251,788$0$31.2M—1,251,788
position key sid:sec:prov:d7ce1f7304a65bd9fa8becb1437c7f71 · issuer key cusip6:344174 COMADD−$706K+540,000$28.6M$27.9M5,302,0005,842,000
position key sid:sec:prov:adc22e9a1524ab89aa68e69a21eb8d93 · issuer key cusip6:35104E COMTRIM−$7.9M−1,750,000$34.7M$26.8M4,629,2892,879,289
position key sid:sec:prov:37b91915f07af95197894a79df85a91e · issuer key cusip6:05338F COM NEWADD−$233K+277,588$24.6M$24.4M1,355,2571,632,845
position key sid:sec:prov:0d957017a1f6113a5600ce99517cee7f · issuer key cusip6:03675P COMNEW+$16.7M+3,000,000$0$16.7M—3,000,000
position key sid:sec:prov:1b29f8f31311ff2217960a31a2f84a8d · issuer key cusip6:68277Q COM CL ANEW+$8.2M+1,978,972$0$8.2M—1,978,972
position key sid:sec:prov:39d93878365e006cfbf0af4c0560d7f2 · issuer key cusip6:89854M COMADD+$394K+338,216$5.2M$5.6M5,226,0745,564,290
position key sid:sec:prov:6db6b47119928ad4af3cf49015c9c5eb · issuer key cusip6:45175G COMADD+$15.5K+307,900$5.5M$5.6M802,1021,110,002
pos:12364EXIT‡e−$68.5M−508,031$68.5M$0508,031—
pos:13067EXIT‡e−$8.4M−45,757$8.4M$045,757—
pos:14877EXIT‡e−$12.5M−1,915,000$12.5M$01,915,000—
sid:sec:prov:d05f7035c10c4a84632bc7da6cc6bbcdEXIT‡e−$26.9M−10,333,600$26.9M$010,333,600—

Flags: no row carries a flag.

1–20 of the 29 changes on this page

Mark-to-market only (no share change) · 16

Positions whose share count is identical in both quarters; the value changed with price, not with a decision.

Positions held with no share change into quarter 2026-03-31
position matched across quarters by exact reported CUSIP over a registry gap — producer-reconciled identity, never a name match identity_reconciled_by_cusipthe reported share count is unchanged across the pair; this build's data classified the change from its reported value; builds from 2026-09-10 on read it as NO CHANGE classified_by_value · EXIT = absent this quarter: disposed, delisted, under confidential treatment, or reported instead by an affiliated manager — the filing does not say which · change not classifiable: value undisclosed on one side of the quarter pair, or neither shares nor value can classify it · NO CHANGE = the share count is identical in both quarters; the value moved only with price, so the row is mark-to-market and never an ADD or a TRIM (NEW / ADD / TRIM / EXIT / NO CHANGE) · NO PRIOR = this filer has no comparable holdings list for the previous quarter on record — a first filing under this registration, or a quarter reported inside an affiliated manager's filing — so the position is not called a new stakederived by Public Filings from the published aggregate; NULL means the source did not disclose a usable value — never zeroreported unit changed across the pair (SH↔PRN); the share delta is withheld rather than fabricated shares_unit_mismatchPrev valueCurr valuePrev sharesCurr shares
position key pos:12598 · issuer key iss:1082 COMNO CHANGE+$30.2M0$428M$458M5,502,7105,502,710
position key sid:sec:prov:bc17a1945987420f684d9107b41fd336 · issuer key cusip6:98401F COMNO CHANGE−$23.2M0$109M$86.0M7,133,7207,133,720
position key pos:12625 · issuer key iss:544 COMNO CHANGE+$22.2M0$59.5M$81.7M5,750,6835,750,683
position key sid:sec:prov:ef90fe6f09df8ace76b72a2a29f3b991 · issuer key cusip6:98419J COM NEWNO CHANGE+$12.4M0$68.9M$81.3M2,590,3032,590,303
position key pos:13935 · issuer key iss:1355 COMNO CHANGE−$53.4M0$132M$79.0M5,295,8935,295,893
position key sid:sec:prov:457173337a7127f576c86a1ee6344121 · issuer key cusip6:H00263 SHSNO CHANGE−$7.7M0$62.2M$54.5M19,822,43619,822,436
position key pos:16706 · issuer key iss:2081 COMNO CHANGE+$17.9M0$32.6M$50.5M2,748,7632,748,763
position key sid:sec:prov:c5f3f37de4d48fd1b29c266e9a76eb0b · issuer key cusip6:20454B COMNO CHANGE−$621K0$41.7M$41.1M7,764,8427,764,842
position key sid:sec:prov:de0907d604dc0fc94b1a3f8dd009ab9f · issuer key cusip6:00534A COMNO CHANGE−$22.8M0$48.2M$25.4M19,525,00019,525,000
position key sid:sec:prov:2e0d559e2cc77fe584e04e6dcaedf54c · issuer key cusip6:28617K COMNO CHANGE+$9.9M0$9.5M$19.4M6,293,2826,293,282
position key sid:sec:prov:19b9675407eb505d5af586b26c66f53a · issuer key cusip6:98420X COM NEWNO CHANGE+$290K0$8.9M$9.2M2,233,7422,233,742
position key sid:sec:prov:4629488a5d372449ffa54969c78cc5e4 · issuer key cusip6:4525EP COMNO CHANGE+$4.4M0$4.1M$8.5M7,652,9727,652,972
position key sid:sec:prov:9e958f4e10d0d474cc9e75d42ea33a9a · issuer key cusip6:88032L COM NEWNO CHANGE+$1.3M0$4.1M$5.4M339,549339,549
position key sid:sec:prov:43ac1dda87d9c2948d8c04143511cf6d · issuer key cusip6:60853G ADSNO CHANGE−$460K0$5.8M$5.4M1,353,9681,353,968
position key sid:sec:prov:36f6260da0bf69546f0e601e6d5bafdc · issuer key cusip6:46124U ADSNO CHANGE+$617K0$3.2M$3.8M686,040686,040
position key sid:sec:prov:24163ad406f0b99bb4db4a8f79fb68a7 · issuer key cusip6:29286M *W EXP 10/31/202NO CHANGE+$85.1K0$2.4M$2.5M945,402945,402

Flags: no row carries a flag.

Newest filing in this build: 2026-07-31. Per-row filing dates are on each receipt.
Truncated by Public Filings. Changes compare every position with a security identifier, new and exited included; holdings without one are counted, not compared. methodology §13F ↗

Reported positions — 2026-03-31

1–41 of 41 positions · $3.1B disclosed value over 41 rows · 0 undisclosed-value rows
View
This build carries one quarter for this manager: 2026-03-31. Notable managers carry four published quarters, others two.
Positions BVF INC/IL reported for the quarter ended 2026-03-31, as that filer reported them
This list carries reported issuer names and security identities, without a dated ticker mapping. Symbols are not inferred from names.a position composed from a base filing plus NEW-HOLDINGS amendments keeps every source row here; the composition's latest filed date is the one shown served from this build's published holdings (derived from the filer's own reported rows); every row resolves to its filingShare of total reported value, calculated only when the full position list has disclosed values. This is 13F long value, not total assets.value undisclosed on the filing: retained and counted, excluded from sums, never shown as $0SharesWt
verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)KYMERA THERAPEUTICS INC · COM CUSIP —
quarter ended 2026-03-31 filed filed 2026-05-15 +45d
$458M5,502,71014.6%
—MOONLAKE IMMUNOTHERAPEUTICS · CLASS A ORD CUSIP 61559X104
quarter ended 2026-03-31 filed filed 2026-05-15 +45d
ticker not yet mapped
$298M16,001,2849.5%
verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)REVOLUTION MEDICINES INC · COM CUSIP —
quarter ended 2026-03-31 filed filed 2026-05-15 +45d
$278M2,856,7828.9%
—NEKTAR THERAPEUTICS · COM NEW CUSIP 640268306
quarter ended 2026-03-31 filed filed 2026-05-15 +45d
ticker not yet mapped
$184M2,559,5955.9%
—STRUCTURE THERAPEUTICS INC · SPONSORED ADS CUSIP 86366E106
quarter ended 2026-03-31 filed filed 2026-05-15 +45d
ticker not yet mapped
$167M3,459,3585.3%
verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)MIRUM PHARMACEUTICALS INC · COM CUSIP —
quarter ended 2026-03-31 filed filed 2026-05-15 +45d
$146M1,584,7274.7%
—GH RESEARCH PLC · ORDINARY SHARES CUSIP G3855L106
quarter ended 2026-03-31 filed filed 2026-05-15 +45d
ticker not yet mapped
$122M8,650,1583.9%
—PALVELLA THERAPEUTICS INC NE · COM CUSIP 697947109
quarter ended 2026-03-31 filed filed 2026-05-15 +45d
ticker not yet mapped
$120M960,9893.8%
—ZYMEWORKS INC · COM CUSIP 98985Y108
quarter ended 2026-03-31 filed filed 2026-05-15 +45d
ticker not yet mapped
$93.5M3,734,1423.0%
—XENCOR INC · COM CUSIP 98401F105
quarter ended 2026-03-31 filed filed 2026-05-15 +45d
ticker not yet mapped
$86.0M7,133,7202.7%
—STOKE THERAPEUTICS INC · COM CUSIP 86150R107
quarter ended 2026-03-31 filed filed 2026-05-15 +45d
ticker not yet mapped
$82.9M2,547,5572.6%
verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)CULLINAN THERAPEUTICS INC · COM CUSIP —
quarter ended 2026-03-31 filed filed 2026-05-15 +45d
$81.7M5,750,6832.6%
verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)DISC MEDICINE INC · COM CUSIP —
quarter ended 2026-03-31 filed filed 2026-05-15 +45d
$81.4M1,272,3122.6%
—XOMA ROYALTY CORPORATION · COM NEW CUSIP 98419J206
quarter ended 2026-03-31 filed filed 2026-05-15 +45d
ticker not yet mapped
$81.3M2,590,3032.6%
verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)OLEMA PHARMACEUTICALS INC · COM CUSIP —
quarter ended 2026-03-31 filed filed 2026-05-15 +45d
$79.0M5,295,8932.5%
—TYRA BIOSCIENCES INC · COM CUSIP 90240B106
quarter ended 2026-03-31 filed filed 2026-05-15 +45d
ticker not yet mapped
$75.7M1,976,1962.4%
—MONTE ROSA THERAPEUTICS INC · COM CUSIP 61225M102
quarter ended 2026-03-31 filed filed 2026-05-15 +45d
ticker not yet mapped
$73.4M4,460,8862.3%
verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)ALKERMES PLC · SHS CUSIP —
quarter ended 2026-03-31 filed filed 2026-05-15 +45d
$70.7M2,000,0002.3%
—KURA ONCOLOGY INC · COM CUSIP 50127T109
quarter ended 2026-03-31 filed filed 2026-05-15 +45d
ticker not yet mapped
$68.7M8,445,7692.2%
—AC IMMUNE SA · SHS CUSIP H00263105
quarter ended 2026-03-31 filed filed 2026-05-15 +45d
ticker not yet mapped
$54.5M19,822,4361.7%
verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)CRESCENT BIOPHARMA INC. · COM CUSIP —
quarter ended 2026-03-31 filed filed 2026-05-15 +45d
$50.5M2,748,7631.6%
—ANNEXON INC · COM CUSIP 03589W102
quarter ended 2026-03-31 filed filed 2026-05-15 +45d
ticker not yet mapped
$48.2M8,698,1731.5%
—COMPASS THERAPEUTICS INC · COM CUSIP 20454B104
quarter ended 2026-03-31 filed filed 2026-05-15 +45d
ticker not yet mapped
$41.1M7,764,8421.3%
verified against the SEC company list on 2026-09-10 — a reviewed mapping row for this filed issuer name and class (never inferred)IMMUNOCORE HLDGS PLC · ADS CUSIP —
quarter ended 2026-03-31 filed filed 2026-05-15 +45d
$39.0M1,294,4631.2%
—SEPTERNA INC · COM CUSIP 81734D104
quarter ended 2026-03-31 filed filed 2026-05-15 +45d
ticker not yet mapped
$32.5M1,353,2491.0%
—SUTRO BIOPHARMA INC · COM SHS CUSIP 869367201
quarter ended 2026-03-31 filed filed 2026-05-15 +45d
ticker not yet mapped
$31.2M1,251,7881.0%
—FOGHORN THERAPEUTICS INC · COM CUSIP 344174107
quarter ended 2026-03-31 filed filed 2026-05-15 +45d
ticker not yet mapped
$27.9M5,842,0000.9%
—4D MOLECULAR THERAPEUTICS IN · COM CUSIP 35104E100
quarter ended 2026-03-31 filed filed 2026-05-15 +45d
ticker not yet mapped
$26.8M2,879,2890.9%
—INVIVYD INC · COM CUSIP 00534A102
quarter ended 2026-03-31 filed filed 2026-05-15 +45d
ticker not yet mapped
$25.4M19,525,0000.8%
—AVALO THERAPEUTICS INC · COM NEW CUSIP 05338F306
quarter ended 2026-03-31 filed filed 2026-05-15 +45d
ticker not yet mapped
$24.4M1,632,8450.8%
—ELEDON PHARMACEUTICALS INC · COM CUSIP 28617K101
quarter ended 2026-03-31 filed filed 2026-05-15 +45d
ticker not yet mapped
$19.4M6,293,2820.6%
—ANTERIS TECHNOLOGIES GLOBAL · COM CUSIP 03675P102
quarter ended 2026-03-31 filed filed 2026-05-15 +45d
ticker not yet mapped
$16.7M3,000,0000.5%
—X4 PHARMACEUTICALS INC · COM NEW CUSIP 98420X202
quarter ended 2026-03-31 filed filed 2026-05-15 +45d
ticker not yet mapped
$9.2M2,233,7420.3%
—IMMUNIC INC · COM CUSIP 4525EP101
quarter ended 2026-03-31 filed filed 2026-05-15 +45d
ticker not yet mapped
$8.5M7,652,9720.3%
—ONKURE THERAPEUTICS INC · COM CL A CUSIP 68277Q105
quarter ended 2026-03-31 filed filed 2026-05-15 +45d
ticker not yet mapped
$8.2M1,978,9720.3%
—TSCAN THERAPEUTICS INC · COM CUSIP 89854M101
quarter ended 2026-03-31 filed filed 2026-05-15 +45d
ticker not yet mapped
$5.6M5,564,2900.2%
—IMAGENEBIO INC · COM CUSIP 45175G207
quarter ended 2026-03-31 filed filed 2026-05-15 +45d
ticker not yet mapped
$5.6M1,110,0020.2%
—TENAX THERAPEUTICS INC · COM NEW CUSIP 88032L605
quarter ended 2026-03-31 filed filed 2026-05-15 +45d
ticker not yet mapped
$5.4M339,5490.2%
—MOLECULAR PARTNERS AG · ADS CUSIP 60853G106
quarter ended 2026-03-31 filed filed 2026-05-15 +45d
ticker not yet mapped
$5.4M1,353,9680.2%
—INVENTIVA SA · ADS CUSIP 46124U107
quarter ended 2026-03-31 filed filed 2026-05-15 +45d
ticker not yet mapped
$3.8M686,0400.1%
—ENGENE HOLDINGS INC · *W EXP 10/31/202 CUSIP 29286M113
quarter ended 2026-03-31 filed filed 2026-05-15 +45d
ticker not yet mapped
$2.5M945,4020.1%

1–20 of 41 positions

Change kind and share change are in Position changes above; Congress overlap is planned.

1–41 of 41 positions · page 1 of 1
One line per issuer, largest first; a row with no issuer key stands on its own line. Open a line for its rows as this filer reported them. The list holds every row this filer reported for the quarter. Issuer totals on the holders pages count each manager's own report once; that never removes a row here. how positions are grouped ↗

Book shape

2026-03-31 · concentration · vs tracked median · tick = median
Top-25 concentration
92.8%above median 80.0%
Concentration index
583 bpsabove median 446 bps
Positions with value
41 / 41median book 97.5 positions

Concentration uses reported 13F long value, not total assets. The index is withheld when any position lacks a value. Medians are over the 8,748 tracked filers with a 2026-03-31 book; the index median over the 8,662 with a complete book.

holdings whose <value> did not parse — retained and counted, never zero-filled: 0 · share of the period's disclosed value held in the top-N positions; denominator is reported 13F value, not total assets: 92.8% · integer Herfindahl–Hirschman index in basis points over disclosed position values: 583 · QoQ moves: 45

Filing history

AVAILABLE QUARTERS
Available filing periods
PeriodSource
2026-03-31EDGAR ↗

PLANNED sector rotation · Congress overlap · signals for this filer

Complete source filings on SEC EDGAR

The complete filing on EDGAR.

The position list above is served from the published Public Filings build, each position as this filer reported it; where the page cannot embed every reported row, the list says how many it leaves out. This block is provenance, not a substitute: the filing itself is the record, and it is one click away. Public Filings decided on 2026-08-01 to serve this list from its published build; filings newer than this build are on EDGAR.

Open BVF INC/IL's 13F filings on SEC EDGAR ↗
Notes on this data

Quarter-end holdings as filed

Explore the full published position list and its source filing. This record excludes the manager’s cash, shorts and non-13(f) assets.

Compare consecutive quarters

Position changes retain the producer’s classification and comparability flags. Share counts and reported values describe different changes.

A snapshot, not current holdings

Use the quarter selector to inspect available periods. Unknown values stay unknown and each table states its coverage.

A 13F is a quarterly, long-only snapshot filed up to 45 days late — not current holdings. what a 13F covers ↗

13F reports cover LONG positions in Section 13(f) securities (US exchange-traded equities plus reportable options, warrants, certain convertibles) held by managers with at least $100M in such securities — so managers below that threshold are absent entirely. No short positions, no cash, no non-13(f) assets — not a full portfolio, and not a census of institutional ownership.

Positions are quarter-end snapshots filed up to 45 days late — not current holdings. A position may have been changed or closed before you ever see it, and is older still by however long ago that quarter ended.

Values are the manager's stated market value at quarter-end in era-dependent units (whole dollars for form versions effective 2023-01-03 onward, thousands before), normalized here to whole dollars with unit_basis carried on every record.

Affiliated managers may report the same position (otherManager), so one position can appear under more than one filer.

Positions under confidential treatment may be omitted until a later amendment discloses them.

These are disclosures, not investment advice (ARCHITECTURE.md §5.2 / M2-CONTRACT §5).