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[SCHEDULE 13D/A] BridgeBio Pharma, Inc. SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D/A
Rhea-AI Filing Summary

On 06/27/2025, BridgeBio Pharma (BBIO) received a Form 4 from Viking Global Investors LP and affiliated Viking funds disclosing the open-market sale of 3,500,000 common shares at an indicated price of $44.00. The transaction code “S” confirms a disposition. Following the sale, the Viking entities collectively hold 18,555,375 BBIO shares, down roughly 16% from their prior position (~22.1 million shares), yet they remain a statutory 10 % beneficial owner. No derivative securities were involved. The filing consolidates ownership across VGEM, VLFM and the Opportunities Fund, with executive committee members Andreas Halvorsen, David C. Ott and Rose S. Shabet listed as indirect beneficial owners. The group expressly disclaims beneficial ownership beyond pecuniary interest.

Il 27/06/2025, BridgeBio Pharma (BBIO) ha ricevuto un Modulo 4 da parte di Viking Global Investors LP e dei fondi affiliati Viking, che dichiarano la vendita sul mercato aperto di 3.500.000 azioni ordinarie a un prezzo indicato di 44,00 $. Il codice della transazione “S” conferma una cessione. Dopo la vendita, le entità Viking detengono collettivamente 18.555.375 azioni BBIO, in calo di circa il 16% rispetto alla posizione precedente (~22,1 milioni di azioni), ma rimangono comunque un proprietario beneficiario statutario del 10%. Non sono stati coinvolti titoli derivati. La dichiarazione consolida la proprietà tra VGEM, VLFM e l’Opportunities Fund, con i membri del comitato esecutivo Andreas Halvorsen, David C. Ott e Rose S. Shabet elencati come proprietari beneficiari indiretti. Il gruppo esclude espressamente una proprietà beneficiaria oltre l’interesse pecuniario.

El 27/06/2025, BridgeBio Pharma (BBIO) recibió un Formulario 4 de Viking Global Investors LP y los fondos afiliados Viking que revelaron la venta en mercado abierto de 3.500.000 acciones comunes a un precio indicado de 44,00 $. El código de la transacción “S” confirma una disposición. Tras la venta, las entidades Viking poseen colectivamente 18.555.375 acciones de BBIO, una disminución de aproximadamente el 16% respecto a su posición anterior (~22,1 millones de acciones), pero siguen siendo un propietario beneficiario estatutario del 10%. No se involucraron valores derivados. La presentación consolida la propiedad entre VGEM, VLFM y el Opportunities Fund, con los miembros del comité ejecutivo Andreas Halvorsen, David C. Ott y Rose S. Shabet listados como propietarios beneficiarios indirectos. El grupo niega expresamente la propiedad beneficiaria más allá del interés pecuniario.

2025년 6월 27일, BridgeBio Pharma(BBIO)는 Viking Global Investors LP 및 관련 Viking 펀드로부터 3,500,000주 보통주를 공개 시장에서 매도했다는 Form 4를 접수했습니다. 거래 코드 “S”는 처분을 의미합니다. 매도 후 Viking 관련 법인들은 총 18,555,375주 BBIO 주식을 보유하게 되어 이전 보유량(~2,210만 주) 대비 약 16% 감소했으나, 여전히 법적으로 10%의 실질적 소유주로 남아 있습니다. 파생 증권은 포함되지 않았습니다. 제출 서류는 VGEM, VLFM, 그리고 Opportunities Fund 간의 소유권을 통합하며, 경영위원회 멤버인 Andreas Halvorsen, David C. Ott, Rose S. Shabet가 간접 실질 소유주로 명시되어 있습니다. 해당 그룹은 금전적 이익을 넘어선 실질 소유권을 명확히 부인합니다.

Le 27/06/2025, BridgeBio Pharma (BBIO) a reçu un formulaire 4 de la part de Viking Global Investors LP et des fonds affiliés Viking, déclarant la vente en marché libre de 3 500 000 actions ordinaires à un prix indiqué de 44,00 $. Le code de transaction « S » confirme une cession. Après la vente, les entités Viking détiennent collectivement 18 555 375 actions BBIO, soit une baisse d'environ 16 % par rapport à leur position précédente (~22,1 millions d’actions), mais elles restent un bénéficiaire légal de 10 %. Aucun titre dérivé n’a été impliqué. Le dépôt consolide la propriété entre VGEM, VLFM et le Opportunities Fund, avec les membres du comité exécutif Andreas Halvorsen, David C. Ott et Rose S. Shabet listés comme bénéficiaires indirects. Le groupe décline expressément toute propriété bénéficiaire au-delà de l’intérêt pécuniaire.

Am 27.06.2025 erhielt BridgeBio Pharma (BBIO) ein Formular 4 von Viking Global Investors LP und den verbundenen Viking-Fonds, das den Verkauf von 3.500.000 Stammaktien am offenen Markt zu einem angegebenen Preis von 44,00 $ meldet. Der Transaktionscode „S“ bestätigt eine Veräußerung. Nach dem Verkauf halten die Viking-Einheiten zusammen 18.555.375 BBIO-Aktien, was einem Rückgang von etwa 16 % gegenüber ihrer vorherigen Position (~22,1 Millionen Aktien) entspricht, sie bleiben jedoch ein gesetzlicher 10%-Eigentümer mit wirtschaftlichem Interesse. Es waren keine Derivate beteiligt. Die Meldung konsolidiert den Besitz über VGEM, VLFM und den Opportunities Fund, wobei die Mitglieder des Exekutivausschusses Andreas Halvorsen, David C. Ott und Rose S. Shabet als indirekte wirtschaftliche Eigentümer aufgeführt sind. Die Gruppe schließt ausdrücklich ein wirtschaftliches Eigentum über das finanzielle Interesse hinaus aus.

Positive
  • None.
Negative
  • Viking Global Investors sold 3.5 million BBIO shares (≈16 % of its prior stake) at $44, signaling diminished short-term conviction.

Insights

TL;DR – 16 % stake reduction by Viking is a moderately negative signal but they retain a large position.

Viking Global, historically a long-term healthcare investor, cut its BBIO exposure by 3.5 million shares at $44, implying ~$154 million in proceeds. Although the group still holds 18.6 million shares, the size of the sale—roughly two weeks of average BBIO trading volume—may create short-term technical pressure and can be interpreted as profit-taking after the stock’s appreciation. The lack of accompanying derivative hedges suggests a straightforward reduction rather than a complex restructuring. Overall impact: negative, but tempered by Viking’s continued 10 % ownership, which signals residual conviction.

TL;DR – High-profile insider sale raises governance questions on timing but retains board-level influence.

The multi-entity filing highlights Viking’s intricate fund structure and continued coordinated control. Disclaimers limit legal liability; however, investors often view insider disposals by a controlling shareholder skeptically, especially when sizeable. Remaining above the 10 % threshold preserves voting influence, suggesting governance dynamics at BridgeBio stay largely unchanged. Impact is moderately negative for sentiment, not for control.

Il 27/06/2025, BridgeBio Pharma (BBIO) ha ricevuto un Modulo 4 da parte di Viking Global Investors LP e dei fondi affiliati Viking, che dichiarano la vendita sul mercato aperto di 3.500.000 azioni ordinarie a un prezzo indicato di 44,00 $. Il codice della transazione “S” conferma una cessione. Dopo la vendita, le entità Viking detengono collettivamente 18.555.375 azioni BBIO, in calo di circa il 16% rispetto alla posizione precedente (~22,1 milioni di azioni), ma rimangono comunque un proprietario beneficiario statutario del 10%. Non sono stati coinvolti titoli derivati. La dichiarazione consolida la proprietà tra VGEM, VLFM e l’Opportunities Fund, con i membri del comitato esecutivo Andreas Halvorsen, David C. Ott e Rose S. Shabet elencati come proprietari beneficiari indiretti. Il gruppo esclude espressamente una proprietà beneficiaria oltre l’interesse pecuniario.

El 27/06/2025, BridgeBio Pharma (BBIO) recibió un Formulario 4 de Viking Global Investors LP y los fondos afiliados Viking que revelaron la venta en mercado abierto de 3.500.000 acciones comunes a un precio indicado de 44,00 $. El código de la transacción “S” confirma una disposición. Tras la venta, las entidades Viking poseen colectivamente 18.555.375 acciones de BBIO, una disminución de aproximadamente el 16% respecto a su posición anterior (~22,1 millones de acciones), pero siguen siendo un propietario beneficiario estatutario del 10%. No se involucraron valores derivados. La presentación consolida la propiedad entre VGEM, VLFM y el Opportunities Fund, con los miembros del comité ejecutivo Andreas Halvorsen, David C. Ott y Rose S. Shabet listados como propietarios beneficiarios indirectos. El grupo niega expresamente la propiedad beneficiaria más allá del interés pecuniario.

2025년 6월 27일, BridgeBio Pharma(BBIO)는 Viking Global Investors LP 및 관련 Viking 펀드로부터 3,500,000주 보통주를 공개 시장에서 매도했다는 Form 4를 접수했습니다. 거래 코드 “S”는 처분을 의미합니다. 매도 후 Viking 관련 법인들은 총 18,555,375주 BBIO 주식을 보유하게 되어 이전 보유량(~2,210만 주) 대비 약 16% 감소했으나, 여전히 법적으로 10%의 실질적 소유주로 남아 있습니다. 파생 증권은 포함되지 않았습니다. 제출 서류는 VGEM, VLFM, 그리고 Opportunities Fund 간의 소유권을 통합하며, 경영위원회 멤버인 Andreas Halvorsen, David C. Ott, Rose S. Shabet가 간접 실질 소유주로 명시되어 있습니다. 해당 그룹은 금전적 이익을 넘어선 실질 소유권을 명확히 부인합니다.

Le 27/06/2025, BridgeBio Pharma (BBIO) a reçu un formulaire 4 de la part de Viking Global Investors LP et des fonds affiliés Viking, déclarant la vente en marché libre de 3 500 000 actions ordinaires à un prix indiqué de 44,00 $. Le code de transaction « S » confirme une cession. Après la vente, les entités Viking détiennent collectivement 18 555 375 actions BBIO, soit une baisse d'environ 16 % par rapport à leur position précédente (~22,1 millions d’actions), mais elles restent un bénéficiaire légal de 10 %. Aucun titre dérivé n’a été impliqué. Le dépôt consolide la propriété entre VGEM, VLFM et le Opportunities Fund, avec les membres du comité exécutif Andreas Halvorsen, David C. Ott et Rose S. Shabet listés comme bénéficiaires indirects. Le groupe décline expressément toute propriété bénéficiaire au-delà de l’intérêt pécuniaire.

Am 27.06.2025 erhielt BridgeBio Pharma (BBIO) ein Formular 4 von Viking Global Investors LP und den verbundenen Viking-Fonds, das den Verkauf von 3.500.000 Stammaktien am offenen Markt zu einem angegebenen Preis von 44,00 $ meldet. Der Transaktionscode „S“ bestätigt eine Veräußerung. Nach dem Verkauf halten die Viking-Einheiten zusammen 18.555.375 BBIO-Aktien, was einem Rückgang von etwa 16 % gegenüber ihrer vorherigen Position (~22,1 Millionen Aktien) entspricht, sie bleiben jedoch ein gesetzlicher 10%-Eigentümer mit wirtschaftlichem Interesse. Es waren keine Derivate beteiligt. Die Meldung konsolidiert den Besitz über VGEM, VLFM und den Opportunities Fund, wobei die Mitglieder des Exekutivausschusses Andreas Halvorsen, David C. Ott und Rose S. Shabet als indirekte wirtschaftliche Eigentümer aufgeführt sind. Die Gruppe schließt ausdrücklich ein wirtschaftliches Eigentum über das finanzielle Interesse hinaus aus.






If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).






SCHEDULE 13D




Comment for Type of Reporting Person:
All share percentage calculations in this Amendment No. 7 to the Schedule 13D are based on 189,880,720 shares of Common Stock, par value $0.001 per share, of BridgeBio Pharma, Inc. (the "Issuer") outstanding as of April 22, 2025, as reported in the Issuer's quarterly report on Form 10-Q filed with the Securities and Exchange Commission (the "Commission") on April 29, 2025.


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SCHEDULE 13D


VIKING GLOBAL INVESTORS LP
Signature:/s/ Scott M. Hendler
Name/Title:Scott M. Hendler on behalf of VIKING GLOBAL INVESTORS LP (1)(2)(3)
Date:07/01/2025
VIKING GLOBAL PERFORMANCE LLC
Signature:/s/ Scott M. Hendler
Name/Title:Scott M. Hendler on behalf of VIKING GLOBAL PERFORMANCE LLC (1)(2)(3)
Date:07/01/2025
Viking Global Equities II LP
Signature:/s/ Scott M. Hendler
Name/Title:Scott M. Hendler on behalf of Viking Global Equities II LP (1)(2)(3)
Date:07/01/2025
Viking Global Equities Master Ltd.
Signature:/s/ Scott M. Hendler
Name/Title:Scott M. Hendler on behalf of Viking Global Equities Master Ltd. (1)(2)(3)
Date:07/01/2025
Viking Long Fund GP LLC
Signature:/s/ Scott M. Hendler
Name/Title:Scott M. Hendler on behalf of Viking Long Fund GP LLC (1)(2)(3)
Date:07/01/2025
Viking Long Fund Master Ltd.
Signature:/s/ Scott M. Hendler
Name/Title:Scott M. Hendler on behalf of Viking Long Fund Master Ltd. (1)(2)(3)
Date:07/01/2025
Viking Global Opportunities Parent GP LLC
Signature:/s/ Scott M. Hendler
Name/Title:Scott M. Hendler on behalf of Viking Global Opportunities Parent GP LLC (1)(2)(3)
Date:07/01/2025
Viking Global Opportunities GP LLC
Signature:/s/ Scott M. Hendler
Name/Title:Scott M. Hendler on behalf of Viking Global Opportunities GP LLC (1)(2)(3)
Date:07/01/2025
Viking Global Opportunities Portfolio GP LLC
Signature:/s/ Scott M. Hendler
Name/Title:Scott M. Hendler on behalf of Viking Global Opportunities Portfolio GP LLC (1)(2)(3)
Date:07/01/2025
Viking Global Opportunities Illiquid Investments Sub-Master LP
Signature:/s/ Scott M. Hendler
Name/Title:Scott M. Hendler on behalf of Viking Global Opportunities Illiquid Investments Sub-Master LP (1)(2)(3)
Date:07/01/2025
Viking Global Opportunities Liquid Portfolio Sub-Master LP
Signature:/s/ Scott M. Hendler
Name/Title:Scott M. Hendler on behalf of Viking Global Opportunities Liquid Portfolio Sub-Master LP (1)(2)(3)
Date:07/01/2025
HALVORSEN OLE ANDREAS
Signature:/s/ Scott M. Hendler
Name/Title:Scott M. Hendler on behalf of HALVORSEN OLE ANDREAS (1)
Date:07/01/2025
Ott David C.
Signature:/s/ Scott M. Hendler
Name/Title:Scott M. Hendler on behalf of Ott David C. (2)
Date:07/01/2025
Shabet Rose Sharon
Signature:/s/ Scott M. Hendler
Name/Title:Scott M. Hendler on behalf of Shabet Rose Sharon (3)
Date:07/01/2025
Comments accompanying signature:
(1) Scott M. Hendler is signing on behalf of O. Andreas Halvorsen, individually and as an Executive Committee Member of VIKING GLOBAL PARTNERS LLC, on behalf of VIKING GLOBAL INVESTORS LP, and as an Executive Committee Member of VIKING GLOBAL PERFORMANCE LLC, on behalf of itself and VIKING GLOBAL EQUITIES II LP and VIKING GLOBAL EQUITIES MASTER LTD., and as an Executive Committee Member of VIKING LONG FUND GP LLC, on behalf of itself and VIKING LONG FUND MASTER LTD., and as an Executive Committee Member of VIKING GLOBAL OPPORTUNITIES PARENT GP LLC, on behalf of itself and VIKING GLOBAL OPPORTUNITIES GP LLC, VIKING GLOBAL OPPORTUNITIES PORTFOLIO GP LLC, VIKING GLOBAL OPPORTUNITIES ILLIQUID INVESTMENTS SUB-MASTER LP, and VIKING GLOBAL OPPORTUNITIES LIQUID PORTFOLIO SUB-MASTER LP, pursuant to an authorization and designation letter dated February 9, 2021, which was previously filed with the Commission as an exhibit to a Form 13G filed by Mr. Halvorsen on February 12, 2021 (SEC File No. 005-49737). (2) Scott M. Hendler is signing on behalf of David C. Ott, individually and as an Executive Committee Member of VIKING GLOBAL PARTNERS LLC, on behalf of VIKING GLOBAL INVESTORS LP, and as an Executive Committee Member of VIKING GLOBAL PERFORMANCE LLC, on behalf of itself and VIKING GLOBAL EQUITIES II LP and VIKING GLOBAL EQUITIES MASTER LTD., and as an Executive Committee Member of VIKING LONG FUND GP LLC, on behalf of itself and VIKING LONG FUND MASTER LTD., and as an Executive Committee Member of VIKING GLOBAL OPPORTUNITIES PARENT GP LLC, on behalf of itself and VIKING GLOBAL OPPORTUNITIES GP LLC, VIKING GLOBAL OPPORTUNITIES PORTFOLIO GP LLC, VIKING GLOBAL OPPORTUNITIES ILLIQUID INVESTMENTS SUB-MASTER LP, and VIKING GLOBAL OPPORTUNITIES LIQUID PORTFOLIO SUB-MASTER LP, pursuant to an authorization and designation letter dated February 9, 2021, which was previously filed with the Commission as an exhibit to a Form 13G filed by Mr. Halvorsen on February 12, 2021 (SEC File No. 005-49737). (3) Scott M. Hendler is signing on behalf of Rose S. Shabet, individually and as an Executive Committee Member of VIKING GLOBAL PARTNERS LLC, on behalf of VIKING GLOBAL INVESTORS LP, and as an Executive Committee Member of VIKING GLOBAL PERFORMANCE LLC, on behalf of itself and VIKING GLOBAL EQUITIES II LP and VIKING GLOBAL EQUITIES MASTER LTD., and as an Executive Committee Member of VIKING LONG FUND GP LLC, on behalf of itself and VIKING LONG FUND MASTER LTD., and as an Executive Committee Member of VIKING GLOBAL OPPORTUNITIES PARENT GP LLC, on behalf of itself and VIKING GLOBAL OPPORTUNITIES GP LLC, VIKING GLOBAL OPPORTUNITIES PORTFOLIO GP LLC, VIKING GLOBAL OPPORTUNITIES ILLIQUID INVESTMENTS SUB-MASTER LP, and VIKING GLOBAL OPPORTUNITIES LIQUID PORTFOLIO SUB-MASTER LP, pursuant to an authorization and designation letter dated February 9, 2021, which was previously filed with the Commission as an exhibit to a Form 13G filed by Mr. Halvorsen on February 12, 2021 (SEC File No. 005-49737).

FAQ

How many BridgeBio (BBIO) shares did Viking Global sell on 06/27/2025?

The filing reports the sale of 3,500,000 common shares.

At what price were the BBIO shares sold by Viking Global?

The shares were disposed of at an indicated price of $44.00 per share.

What is Viking Global's remaining BBIO stake after the sale?

Viking entities now beneficially own 18,555,375 shares of BridgeBio Pharma.

Does Viking Global remain a 10% owner of BridgeBio after the transaction?

Yes. Despite the sale, the group still exceeds the 10 % ownership threshold.

Were any derivative securities involved in this Form 4 filing?

No. The filing lists no derivative acquisitions or dispositions.

Who are the individuals deemed beneficial owners in the filing?

Executive committee members Andreas Halvorsen, David C. Ott and Rose S. Shabet are listed as indirect beneficial owners.
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