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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 5 sales; 417 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: 417 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 2026417$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
Acuitas Investments, LLC13,494$2.39M1.53%−6,403−32.2%Reduced
Citadel Advisors LLC13,312$2.36M0.00%−28,594−68.2%Reduced
NFJ Investment Group, LLC12,837$2.27M0.08%00.0%Unchanged
Baird Financial Group, Inc.12,563$2.23M0.00%−526−4.0%Reduced
SG Americas Securities, LLC11,722$2.08M0.01%+8,637+280.0%Added
State of Wisconsin Investment Board11,383$2.02M0.00%+295+2.7%Added
MetLife Investment Management11,093$1.97M0.01%−294−2.6%Reduced
Edgestream Partners, L.P.10,927$1.94M0.06%+7,162+190.2%Added
DekaBank Deutsche Girozentrale11,185$1.93M0.00%00.0%Unchanged
State of Alaska, Department of Revenue10,892$1.93M0.02%−586−5.1%Reduced
Illinois Municipal Retirement Fund9,821$1.74M0.02%+780+8.6%Added
Cookson Peirce & Co Inc9,763$1.73M0.07%+181+1.9%Added
Manufacturers Life Insurance Company, The9,551$1.69M0.00%−470−4.7%Reduced
Gotham Asset Management, LLC9,475$1.68M0.01%+9,475New
Louisiana State Employees Retirement System9,000$1.59M0.03%00.0%Unchanged
Mirae Asset Global ETFs Holdings Ltd.8,869$1.57M0.00%−1,587−15.2%Reduced
Equitable Holdings, Inc.8,836$1.57M0.01%+1,829+26.1%Added
Susquehanna International Group, LLP8,807$1.56M0.00%−20,253−69.7%Reduced
Voloridge Investment Management, LLC8,596$1.52M0.01%+8,596New
Blair William & Co8,386$1.49M0.00%+685+8.9%Added
Wellington Management Group LLP8,316$1.47M0.00%+946+12.8%Added
Public Employees Retirement System of Ohio8,285$1.47M0.00%00.0%Unchanged
State of Tennessee, Treasury Department7,790$1.38M0.00%+3,830+96.7%Added
Ellsworth Advisors, LLC7,039$1.29M0.28%−288−3.9%Reduced
OP Asset Management Ltd7,212$1.28M0.02%+2,228+44.7%Added
Pier 88 Investment Partners LLC7,200$1.28M0.24%+7,200New
Simplify Asset Management Inc.6,786$1.20M0.02%+816+13.7%Added
Aquatic Capital Management LLC6,598$1.17M0.02%+6,598New
HighTower Advisors, LLC6,587$1.17M0.00%+1,278+24.1%Added
Comerica Bank6,535$1.16M0.00%−1,108−14.5%Reduced
STRS Ohio6,500$1.15M0.00%−900−12.2%Reduced
CenterBook Partners LP6,434$1.14M0.06%−7,033−52.2%Reduced
Handelsbanken Fonder AB6,358$1.13M0.00%00.0%Unchanged
Gibbs Wealth Management6,342$1.12M0.25%−971−13.3%Reduced
Yousif Capital Management, LLC6,154$1.09M0.01%−1,128−15.5%Reduced
Intech Investment Management LLC6,112$1.08M0.01%−1,566−20.4%Reduced
Creative Planning6,112$1.08M0.00%+1,363+28.7%Added
Equitable Trust Co5,915$1.05M0.05%−330−5.3%Reduced
Fred Alger Management, LLC5,868$1.04M0.00%+5,868New
Susquehanna Portfolio Strategies, LLC5,797$1.03M0.02%+4,006+223.7%Added
Arizona State Retirement System5,700$1.01M0.01%+103+1.8%Added
Quadrant Capital Group LLC5,658$1.00M0.03%00.0%Unchanged
Amalgamated Bank5,635$998.0K0.01%+189+3.5%Added
Police & Firemen's Retirement System of New Jersey5,280$935.3K0.01%+1,179+28.7%Added
Cornerstone Capital, Inc.5,187$918.9K0.09%−550−9.6%Reduced
Court Place Advisors, LLC5,158$913.7K0.28%−100−1.9%Reduced
Atria Investments LLC5,135$909.6K0.01%−337−6.2%Reduced
NJ State Employees Deferred Compensation Plan5,000$885.7K0.10%00.0%Unchanged
Commonwealth of Pennsylvania Public School Empls Retrmt Sys4,991$884.1K0.00%+37+0.7%Added
Teachers Retirement System of the State of Kentucky4,902$868.0K0.01%00.0%Unchanged
Verition Fund Management LLC4,863$861.4K0.00%−9,306−65.7%Reduced
Glenmede Investment Management, LP4,739$839.5K0.00%+4,739New
Los Angeles Capital Management LLC4,734$838.6K0.00%+2,254+90.9%Added
Teacher Retirement System of Texas4,730$837.9K0.00%−454−8.8%Reduced
Henshaw Capital LLC4,668$826.9K0.03%−1,728−27.0%Reduced
AQR Capital Management LLC4,584$812.0K0.00%+1,226+36.5%Added
Oregon Public Employees Retirement Fund4,442$786.9K0.01%00.0%Unchanged
ProShare Advisors LLC4,301$761.9K0.00%−680−13.7%Reduced
Portside Wealth Group, LLC4,218$747.2K0.10%+725+20.8%Added
Erste Asset Management GmbH4,300$744.5K0.01%00.0%Unchanged
BNP Paribas Arbitrage, SA4,092$724.9K0.00%+1,996+95.2%Added
MML Investors Services, LLC3,962$701.8K0.00%+467+13.4%Added
Kings Path Partners LLC3,960$701.5K0.26%−1,105−21.8%Reduced
KLP Kapitalforvaltning AS3,900$690.8K0.00%00.0%Unchanged
Virtus Investment Advisers, Inc.3,883$687.8K0.20%00.0%Unchanged
Qube Research & Technologies Ltd3,632$643.4K0.00%−14,453−79.9%Reduced
CWC Advisors, LLC.3,538$626.7K0.31%+20+0.6%Added
Canada Pension Plan Investment Board3,500$620.0K0.00%−500−12.5%Reduced
Amundi3,356$612.8K0.00%+229+7.3%Added
Voya Investment Management LLC3,447$610.6K0.00%−1,729−33.4%Reduced
China Universal Asset Management Co., Ltd.3,435$608.5K0.05%−440−11.4%Reduced
LPL Financial LLC3,407$603.5K0.00%−1,759−34.0%Reduced
Advisors Asset Management, Inc.3,403$602.8K0.01%−131−3.7%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)3,193$565.6K0.00%+689+27.5%Added
EntryPoint Capital, LLC3,009$533.0K0.21%+3,009New
BTC Capital Management, Inc.2,996$530.7K0.04%−427−12.5%Reduced
Cetera Trust Company, N.A2,880$510.2K0.29%00.0%Unchanged
Callan Family Office, LLC2,865$507.5K0.02%+10.0%Added
CI Private Wealth, LLC2,820$499.5K0.00%+2,820New
Maryland State Retirement & Pension System2,811$497.9K0.01%−2,859−50.4%Reduced
State Board of Administration of Florida Retirement System2,805$496.9K0.00%−25−0.9%Reduced
Wealth Enhancement Advisory Services, LLC2,610$478.0K0.00%+6+0.2%Added
Profund Advisors LLC2,653$470.0K0.02%+218+9.0%Added
Public Employees Retirement Association of Colorado2,555$453.0K0.00%00.0%Unchanged
Omers Administration Corp2,500$442.9K0.00%+2,500New
Quantinno Capital Management LP2,484$440.0K0.00%+2,484New
Janney Capital Management LLC2,350$416.0K0.03%−1,339−36.3%Reduced
Evergreen Capital Management LLC2,298$407.1K0.01%+499+27.7%Added
Lido Advisors, LLC2,201$389.9K0.00%+42+1.9%Added
Mutual of America Capital Management LLC2,195$388.8K0.00%−284−11.5%Reduced
Contravisory Investment Management, Inc.2,181$386.3K0.07%−80−3.5%Reduced
Capstone Investment Advisors, LLC2,153$381.4K0.00%−13,219−86.0%Reduced
DRW Securities, LLC2,108$372.9K0.02%+2,108New
Norden Group LLC2,095$371.1K0.04%+2,095New
Baader Bank INC2,062$361.1K0.03%+2,062New
CIBC Bancorp USA Inc.2,034$360.3K0.00%+2,034New
Ashton Thomas Private Wealth, LLC2,014$356.8K0.01%+56+2.9%Added
Supplemental Annuity Collective Trust of NJ1,900$336.6K0.09%00.0%Unchanged
1492 Capital Management LLC1,876$332.3K0.13%00.0%Unchanged
Pacer Advisors, Inc.1,837$325.4K0.00%+754+69.6%Added