BAKER BROS. ADVISORS LP reported Heron Therapeutics, Inc. (HRTX) in 40 quarterly 13F filings from 2025 Q3 through 2025 Q3. Peak portfolio weight reached 0.04% in 2025 Q3. The latest visible filing shows HRTX at 0.04% of the fund.
This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings. Older history is available after unlock; the visible window still shows the most recent pattern.
This page is designed to answer the real investor question behind a 13F filing: how meaningful was BAKER BROS. ADVISORS LP's position in Heron Therapeutics, Inc., and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.
HRTX was reported at 0.04% of portfolio in the most recent visible filing.
Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.
Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.
Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.
As of 2025 Q4 β sorted by position size
These are the practical questions this page is built to answer before you even open the full history table.
BAKER BROS. ADVISORS LP reported HRTX across 1 quarterly 13F filings, from 2025 Q3 through 2025 Q3.
The largest reported portfolio weight for HRTX was 0.04% in 2025 Q3.
The most recent filing on this page is 2025 Q3, when BAKER BROS. ADVISORS LP reported 4,251,951 shares, equal to 0.04% of portfolio, with an estimated market value of $5.4M.
The chart compares BAKER BROS. ADVISORS LP's quarterly HRTX portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.