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Ligand Pharmaceuticals Inc

LGND
Exchange
Nasdaq
Industry
Pharmaceutical Preparations
SEC CIK
0000886163

In the last 90 days, Ligand Pharmaceuticals Inc insiders filed 0 open-market purchases and 6 sales; 416 institutions reported holding it in 13F filings for Q2 2026, worth $7.15B in total; no superinvestor holds it.

Other share classesLGNDZLGNXZLGNYZLGNZZ

13F holders, Q3 2025

Institutional positions in Ligand Pharmaceuticals Inc as of Sep 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
314
+49 vs. Q2 2025
Shares held
20.5M
+1.44M (+7.5%) vs. Q2 2025
Total value
$3.63B
+$1.47B (+67.6%) vs. Q2 2025
New holders
64
100 more added
Sold out
15
103 more reduced

6 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting LGND on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ3 2025: 314 institutions
Q1 2021: 228 institutionsQ2 2021: 212 institutionsQ3 2021: 208 institutionsQ4 2021: 221 institutionsQ1 2022: 207 institutionsQ2 2022: 198 institutionsQ3 2022: 205 institutionsQ4 2022: 198 institutionsQ1 2023: 213 institutionsQ2 2023: 204 institutionsQ3 2023: 197 institutionsQ4 2023: 211 institutionsQ1 2024: 222 institutionsQ2 2024: 235 institutionsQ3 2024: 243 institutionsQ4 2024: 259 institutionsQ1 2025: 262 institutionsQ2 2025: 271 institutionsQ3 2025: 314 institutionsQ4 2025: 351 institutionsQ1 2026: 359 institutionsQ2 2026: 416 institutions
Value heldQ3 2025: $3.63B
Q1 2021: $2.35BQ2 2021: $2.09BQ3 2021: $2.29BQ4 2021: $2.51BQ1 2022: $1.76BQ2 2022: $1.33BQ3 2022: $1.28BQ4 2022: $983.5MQ1 2023: $1.10BQ2 2023: $1.12BQ3 2023: $946.5MQ4 2023: $1.15BQ1 2024: $1.21BQ2 2024: $1.45BQ3 2024: $1.81BQ4 2024: $1.96BQ1 2025: $1.97BQ2 2025: $2.18BQ3 2025: $3.63BQ4 2025: $3.89BQ1 2026: $4.15BQ2 2026: $7.15B
Institutions holding LGND and their total value by quarter
QuarterHoldersValue
Q2 2026416$7.15B
Q1 2026359$4.15B
Q4 2025351$3.89B
Q3 2025314$3.63B
Q2 2025271$2.18B
Q1 2025262$1.97B
Q4 2024259$1.96B
Q3 2024243$1.81B
Q2 2024235$1.45B
Q1 2024222$1.21B
Q4 2023211$1.15B
Q3 2023197$946.5M
Q2 2023204$1.12B
Q1 2023213$1.10B
Q4 2022198$983.5M
Q3 2022205$1.28B
Q2 2022198$1.33B
Q1 2022207$1.76B
Q4 2021221$2.51B
Q3 2021208$2.29B
Q2 2021212$2.09B
Q1 2021228$2.35B

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding Ligand Pharmaceuticals Inc; share changes are against Q2 2025.

Institutions holding LGND in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.2,884,527$511.0M0.01%−29,214−1.0%Reduced
Vanguard Group Inc2,076,283$367.8M0.01%−13,088−0.6%Reduced
Janus Henderson Group PLC1,042,378$184.6M0.08%−18,356−1.7%Reduced
Macquarie Group Ltd751,788$133.2M0.16%−174,766−18.9%Reduced
State Street Corp749,360$132.7M0.00%−394−0.1%Reduced
Congress Asset Management Co667,311$118.2M0.79%+19,370+3.0%Added
Chicago Capital, LLC568,611$100.7M2.48%−3,214−0.6%Reduced
Stephens Investment Management Group LLC554,542$98.2M1.27%−50,271−8.3%Reduced
Massachusetts Financial Services Co541,845$96.0M0.03%+202,103+59.5%Added
Dimensional Fund Advisors LP523,913$92.8M0.02%−180,609−25.6%Reduced
Geode Capital Management, LLC474,189$84.0M0.01%−14,589−3.0%Reduced
FMR LLC457,231$81.0M0.00%+431,008+1,643.6%Added
Loomis Sayles & Co L P400,553$71.0M0.08%−10,344−2.5%Reduced
Invesco Ltd.378,295$67.0M0.01%+148,437+64.6%Added
UBS Asset Management Americas Inc376,601$66.7M0.01%−15,188−3.9%Reduced
Goldman Sachs Group Inc367,795$65.2M0.01%+304,073+477.2%Added
Deutsche Bank AG307,532$54.5M0.02%−265−0.1%Reduced
Rice Hall James & Associates, LLC294,490$52.2M2.84%−42,858−12.7%Reduced
Villere St Denis J & Co LLC279,950$49.6M4.77%−7,170−2.5%Reduced
Ranger Investment Management, L.P.275,340$48.8M3.40%−24,685−8.2%Reduced
Northern Trust Corp265,962$47.1M0.01%−10,819−3.9%Reduced
Victory Capital Management Inc254,805$45.1M0.03%+221,996+676.6%Added
Ashford Capital Management Inc244,430$43.3M4.82%−58,097−19.2%Reduced
Franklin Resources Inc229,856$40.7M0.01%+43,757+23.5%Added
Private Capital Management, LLC227,158$40.2M3.72%−2,095−0.9%Reduced
Impax Asset Management Group plc200,208$35.5M0.21%−60,000−23.1%Reduced
Standard Life Aberdeen plc189,748$33.6M0.05%−39,482−17.2%Reduced
Morgan Stanley188,701$33.4M0.00%−13,708−6.8%Reduced
Charles Schwab Investment Management Inc182,315$32.3M0.01%+6,251+3.6%Added
Driehaus Capital Management LLC162,801$28.8M0.21%+1,639+1.0%Added
Russell Investments Group, Ltd.136,130$24.1M0.03%−9,403−6.5%Reduced
Jacobs Levy Equity Management, Inc127,689$22.6M0.09%−35,121−21.6%Reduced
Bank of New York Mellon Corp127,499$22.6M0.00%−607−0.5%Reduced
Bank of Montreal125,769$22.3M0.01%+120,043+2,096.5%Added
Bank of America Corp122,409$21.7M0.00%+6,601+5.7%Added
Nomura Holdings Inc121,363$21.5M0.10%+121,363New
Wells Fargo & Company115,177$20.4M0.00%+101,936+769.9%Added
UBS Group AG111,986$19.8M0.00%+78,476+234.2%Added
Allspring Global Investments Holdings, LLC108,424$19.4M0.03%+32,379+42.6%Added
Fisher Asset Management, LLC108,926$19.3M0.01%+2,860+2.7%Added
Legal & General Group Plc108,370$19.2M0.00%−9,963−8.4%Reduced
Penn Capital Management Co Inc107,282$19.0M1.46%−13,102−10.9%Reduced
Royal Bank of Canada103,493$18.3M0.00%+94,033+994.0%Added
Ameriprise Financial Inc101,243$17.9M0.00%−8,450−7.7%Reduced
Advisor Group Holdings, Inc.100,742$17.8M0.02%+94,882+1,619.1%Added
Principal Financial Group Inc94,602$16.8M0.01%−7,210−7.1%Reduced
Kornitzer Capital Management Inc91,167$16.1M0.32%00.0%Unchanged
New York State Common Retirement Fund86,529$15.3M0.02%−13,008−13.1%Reduced
Clark Capital Management Group, Inc.82,991$14.7M0.09%+11,858+16.7%Added
Public Sector Pension Investment Board76,444$13.5M0.05%+10,644+16.2%Added
Dana Investment Advisors, Inc.72,659$12.9M0.38%−510−0.7%Reduced
Pictet Asset Management Holding SA66,968$11.6M0.01%−2,652−3.8%Reduced
Castleark Management LLC64,676$11.5M0.32%+64,676New
Granite Investment Partners, LLC61,620$10.9M0.62%−62,842−50.5%Reduced
Essex Investment Management Co LLC61,142$10.8M1.66%+332+0.5%Added
Nordea Investment Management AB61,001$10.7M0.01%+2,341+4.0%Added
Rhumbline Advisers59,422$10.5M0.01%−86−0.1%Reduced
CIBC World Markets Inc.59,131$10.5M0.02%+6,209+11.7%Added
Jane Street Group, LLC51,859$9.19M0.01%+46,462+860.9%Added
First Trust Advisors LP51,688$9.16M0.01%+2,848+5.8%Added
F/M Investments LLC51,476$9.12M0.35%−1,031−2.0%Reduced
American Century Companies Inc45,602$8.08M0.00%+1,023+2.3%Added
Trexquant Investment LP44,499$7.88M0.08%+44,499New
Uniplan Investment Counsel, Inc.42,176$7.47M0.73%−20,777−33.0%Reduced
JPMorgan Chase & Co39,718$7.04M0.00%+1,703+4.5%Added
Nuveen, LLC38,098$6.75M0.00%−508−1.3%Reduced
Swiss National Bank37,400$6.63M0.00%+600+1.6%Added
GW&K Investment Management, LLC32,135$5.69M0.05%−1,296−3.9%Reduced
Envestnet Asset Management Inc31,915$5.65M0.00%+4,538+16.6%Added
Barclays PLC30,283$5.36M0.00%−8,698−22.3%Reduced
EAM Investors, LLC30,175$5.26M0.60%+30,175New
Lisanti Capital Growth, LLC29,677$5.26M1.29%+19,002+178.0%Added
Isthmus Partners, LLC29,498$5.23M1.16%−7,775−20.9%Reduced
Prudential Financial Inc29,027$5.14M0.01%+660+2.3%Added
SEI Investments Co27,424$4.86M0.01%+6,012+28.1%Added
New York State Teachers Retirement System26,950$4.77M0.01%00.0%Unchanged
Moody Aldrich Partners LLC25,884$4.59M0.87%+25,884New
Granahan Investment Management Inc24,962$4.42M0.18%+24,962New
Great West Life Assurance Co23,299$4.03M0.01%+335+1.5%Added
Alliancebernstein L.P.22,253$3.94M0.00%+1,576+7.6%Added
Universal- Beteiligungs- und Servicegesellschaft mbH21,836$3.87M0.01%−986−4.3%Reduced
Citigroup Inc21,387$3.79M0.00%−8,287−27.9%Reduced
Calamos Advisors LLC20,733$3.67M0.01%+8,522+69.8%Added
Stifel Financial Corp20,512$3.63M0.00%+2,682+15.0%Added
Woodstock Corp20,025$3.55M0.31%−9,472−32.1%Reduced
Price T Rowe Associates Inc18,915$3.35M0.00%+947+5.3%Added
Raymond James Financial Inc18,860$3.34M0.00%−1,237−6.2%Reduced
Martingale Asset Management L P18,472$3.27M0.08%−1,681−8.3%Reduced
California State Teachers Retirement System18,311$3.24M0.00%−780−4.1%Reduced
Squarepoint Ops LLC17,897$3.17M0.01%+17,897New
D. E. Shaw & Co., Inc.17,514$3.10M0.00%+10,363+144.9%Added
Linden Thomas Advisory Services, LLC16,806$2.98M0.30%+14+0.1%Added
Point72 Asset Management, L.P.16,700$2.96M0.01%+16,700New
Legato Capital Management LLC16,297$2.89M0.31%+4,695+40.5%Added
Captrust Financial Advisors15,009$2.66M0.01%−600−3.8%Reduced
Caxton Associates LLP14,508$2.57M0.07%+14,508New
Jackson Creek Investment Advisors LLC14,470$2.56M0.74%−60.0%Reduced
Thrivent Financial for Lutherans14,138$2.50M0.00%−49−0.3%Reduced
ExodusPoint Capital Management, LP13,931$2.47M0.03%+13,931New
State of New Jersey Common Pension Fund D13,521$2.40M0.01%+13,521New