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; 417 institutions reported holding it in 13F filings for Q2 2026, worth $7.15B in total; no superinvestor holds it.
13F holders, Q4 2025
Institutional positions in Ligand Pharmaceuticals Inc as of Dec 31, 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
- 351
- +41 vs. Q3 2025
- Shares held
- 20.6M
- +53.6K (+0.3%) vs. Q3 2025
- Total value
- $3.89B
- +$254.6M (+7.0%) vs. Q3 2025
- New holders
- 71
- 111 more added
- Sold out
- 30
- 115 more reduced
4 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 417 | $7.15B |
| Q1 2026 | 359 | $4.15B |
| Q4 2025 | 351 | $3.89B |
| Q3 2025 | 314 | $3.63B |
| Q2 2025 | 271 | $2.18B |
| Q1 2025 | 262 | $1.97B |
| Q4 2024 | 259 | $1.96B |
| Q3 2024 | 243 | $1.81B |
| Q2 2024 | 235 | $1.45B |
| Q1 2024 | 222 | $1.21B |
| Q4 2023 | 211 | $1.15B |
| Q3 2023 | 197 | $946.5M |
| Q2 2023 | 204 | $1.12B |
| Q1 2023 | 213 | $1.10B |
| Q4 2022 | 198 | $983.5M |
| Q3 2022 | 205 | $1.28B |
| Q2 2022 | 198 | $1.33B |
| Q1 2022 | 207 | $1.76B |
| Q4 2021 | 221 | $2.51B |
| Q3 2021 | 208 | $2.29B |
| Q2 2021 | 212 | $2.09B |
| Q1 2021 | 228 | $2.35B |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding Ligand Pharmaceuticals Inc; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Equitable Trust Co | 5,035 | $952.0K | 0.04% | −880−14.9% | Reduced |
| Cornerstone Capital, Inc. | 5,117 | $967.5K | 0.10% | −70−1.3% | Reduced |
| AQR Capital Management LLC | 5,158 | $975.2K | 0.00% | +574+12.5% | Added |
| MAI Capital Management | 5,158 | $975.2K | 0.01% | +5,158 | New |
| State of Tennessee, Treasury Department | 5,119 | $983.4K | 0.00% | −2,671−34.3% | Reduced |
| Police & Firemen's Retirement System of New Jersey | 5,232 | $989.2K | 0.01% | −48−0.9% | Reduced |
| Guggenheim Capital LLC | 5,257 | $993.9K | 0.01% | +5,257 | New |
| Susquehanna International Group, LLP | 5,409 | $1.02M | 0.00% | −3,398−38.6% | Reduced |
| Comerica Bank | 5,432 | $1.03M | 0.00% | −1,103−16.9% | Reduced |
| Arizona State Retirement System | 5,506 | $1.04M | 0.01% | −194−3.4% | Reduced |
| Yousif Capital Management, LLC | 5,402 | $1.06M | 0.01% | −752−12.2% | Reduced |
| Quadrant Capital Group LLC | 5,658 | $1.07M | 0.03% | 00.0% | Unchanged |
| Amalgamated Bank | 5,687 | $1.07M | 0.01% | +52+0.9% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 6,033 | $1.14M | 0.00% | +6,033 | New |
| STRS Ohio | 6,100 | $1.15M | 0.00% | −400−6.2% | Reduced |
| Assetmark, Inc | 6,191 | $1.17M | 0.00% | +6,068+4,933.3% | Added |
| Handelsbanken Fonder AB | 6,358 | $1.20M | 0.00% | 00.0% | Unchanged |
| HighTower Advisors, LLC | 6,616 | $1.25M | 0.00% | +29+0.4% | Added |
| State of New Jersey Common Pension Fund D | 6,689 | $1.26M | 0.00% | −6,832−50.5% | Reduced |
| Ellsworth Advisors, LLC | 6,565 | $1.29M | 0.25% | −474−6.7% | Reduced |
| B. Metzler seel. Sohn & Co. AG | 6,879 | $1.30M | 0.01% | +6,879 | New |
| Creative Planning | 7,145 | $1.35M | 0.00% | +1,033+16.9% | Added |
| OP Asset Management Ltd | 7,212 | $1.36M | 0.02% | 00.0% | Unchanged |
| Intech Investment Management LLC | 7,585 | $1.43M | 0.01% | +1,473+24.1% | Added |
| XTX Topco Ltd | 7,717 | $1.46M | 0.04% | +7,717 | New |
| Susquehanna Portfolio Strategies, LLC | 7,744 | $1.46M | 0.02% | +1,947+33.6% | Added |
| Public Employees Retirement System of Ohio | 8,285 | $1.57M | 0.00% | 00.0% | Unchanged |
| Jackson Creek Investment Advisors LLC | 8,313 | $1.57M | 0.46% | −6,157−42.6% | Reduced |
| Wellington Management Group LLP | 8,426 | $1.59M | 0.00% | +110+1.3% | Added |
| Blair William & Co | 8,474 | $1.60M | 0.00% | +88+1.0% | Added |
| Pier 88 Investment Partners LLC | 8,520 | $1.61M | 0.36% | +1,320+18.3% | Added |
| Louisiana State Employees Retirement System | 9,000 | $1.70M | 0.03% | 00.0% | Unchanged |
| Mirae Asset Global ETFs Holdings Ltd. | 9,036 | $1.71M | 0.00% | +167+1.9% | Added |
| Manufacturers Life Insurance Company, The | 9,111 | $1.72M | 0.00% | −440−4.6% | Reduced |
| Future Fund LLC | 9,280 | $1.75M | 0.62% | +9,280 | New |
| One Capital Management, LLC | 9,287 | $1.76M | 0.05% | +9,287 | New |
| Gotham Asset Management, LLC | 9,346 | $1.77M | 0.01% | −129−1.4% | Reduced |
| Equitable Holdings, Inc. | 9,605 | $1.82M | 0.01% | +769+8.7% | Added |
| Cookson Peirce & Co Inc | 10,147 | $1.92M | 0.08% | +384+3.9% | Added |
| Los Angeles Capital Management LLC | 10,321 | $1.93M | 0.01% | +5,587+118.0% | Added |
| MetLife Investment Management | 10,655 | $2.01M | 0.01% | −438−3.9% | Reduced |
| SG Americas Securities, LLC | 10,817 | $2.04M | 0.00% | −905−7.7% | Reduced |
| Pavaki Capital Management LLC | 11,100 | $2.10M | 1.47% | +11,100 | New |
| State of Wisconsin Investment Board | 11,155 | $2.11M | 0.00% | −228−2.0% | Reduced |
| Trexquant Investment LP | 11,550 | $2.18M | 0.02% | −32,949−74.0% | Reduced |
| Illinois Municipal Retirement Fund | 11,716 | $2.22M | 0.03% | +1,895+19.3% | Added |
| Voloridge Investment Management, LLC | 12,038 | $2.28M | 0.01% | +3,442+40.0% | Added |
| NFJ Investment Group, LLC | 12,291 | $2.32M | 0.08% | −546−4.3% | Reduced |
| Baird Financial Group, Inc. | 12,823 | $2.42M | 0.00% | +260+2.1% | Added |
| Thrivent Financial for Lutherans | 13,525 | $2.56M | 0.00% | −613−4.3% | Reduced |
| State of Alaska, Department of Revenue | 13,649 | $2.58M | 0.03% | +2,757+25.3% | Added |
| Caxton Associates LLP | 14,508 | $2.74M | 0.05% | 00.0% | Unchanged |
| Captrust Financial Advisors | 14,579 | $2.76M | 0.01% | −430−2.9% | Reduced |
| Martingale Asset Management L P | 15,322 | $2.90M | 0.07% | −3,150−17.1% | Reduced |
| Qube Research & Technologies Ltd | 15,393 | $2.91M | 0.00% | +11,761+323.8% | Added |
| Jane Street Group, LLC | 15,962 | $3.02M | 0.00% | −35,897−69.2% | Reduced |
| Linden Thomas Advisory Services, LLC | 16,575 | $3.13M | 0.32% | −231−1.4% | Reduced |
| Great West Life Assurance Co | 16,750 | $3.16M | 0.01% | −6,549−28.1% | Reduced |
| Citigroup Inc | 18,292 | $3.46M | 0.00% | −3,095−14.5% | Reduced |
| Stifel Financial Corp | 18,722 | $3.54M | 0.00% | −1,790−8.7% | Reduced |
| Raymond James Financial Inc | 18,756 | $3.55M | 0.00% | −104−0.6% | Reduced |
| California State Teachers Retirement System | 18,797 | $3.55M | 0.00% | +486+2.7% | Added |
| Moody Aldrich Partners LLC | 19,581 | $3.70M | 0.69% | −6,303−24.4% | Reduced |
| Price T Rowe Associates Inc | 19,992 | $3.78M | 0.00% | +1,077+5.7% | Added |
| Woodstock Corp | 20,005 | $3.78M | 0.32% | −20−0.1% | Reduced |
| Arrowstreet Capital, Limited Partnership | 20,036 | $3.79M | 0.00% | +20,036 | New |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 20,902 | $3.95M | 0.01% | −934−4.3% | Reduced |
| Calamos Advisors LLC | 21,045 | $3.98M | 0.02% | +312+1.5% | Added |
| EAM Investors, LLC | 21,092 | $3.99M | 0.44% | −9,083−30.1% | Reduced |
| Edgestream Partners, L.P. | 22,889 | $4.33M | 0.12% | +11,962+109.5% | Added |
| Bessemer Group Inc | 23,510 | $4.44M | 0.01% | +22,764+3,051.5% | Added |
| Alliancebernstein L.P. | 24,171 | $4.57M | 0.00% | +1,918+8.6% | Added |
| Isthmus Partners, LLC | 24,708 | $4.67M | 0.52% | −4,790−16.2% | Reduced |
| CIBC World Markets Inc. | 25,630 | $4.85M | 0.01% | −33,501−56.7% | Reduced |
| Granahan Investment Management Inc | 26,050 | $4.93M | 0.21% | +1,088+4.4% | Added |
| Legato Capital Management LLC | 26,241 | $4.96M | 0.43% | +9,944+61.0% | Added |
| New York State Teachers Retirement System | 26,950 | $5.09M | 0.01% | 00.0% | Unchanged |
| Envestnet Asset Management Inc | 27,735 | $5.24M | 0.00% | −4,180−13.1% | Reduced |
| Barclays PLC | 32,982 | $6.24M | 0.00% | +2,699+8.9% | Added |
| BNP Paribas Arbitrage, SA | 34,957 | $6.61M | 0.00% | +30,865+754.3% | Added |
| D. E. Shaw & Co., Inc. | 36,551 | $6.91M | 0.01% | +19,037+108.7% | Added |
| Nuveen, LLC | 37,599 | $7.11M | 0.00% | −499−1.3% | Reduced |
| Swiss National Bank | 38,600 | $7.30M | 0.00% | +1,200+3.2% | Added |
| American Century Companies Inc | 40,885 | $7.73M | 0.00% | −4,717−10.3% | Reduced |
| Uniplan Investment Counsel, Inc. | 42,364 | $8.01M | 0.80% | +188+0.4% | Added |
| Lisanti Capital Growth, LLC | 43,742 | $8.27M | 1.96% | +14,065+47.4% | Added |
| Prudential Financial Inc | 45,636 | $8.63M | 0.01% | +16,609+57.2% | Added |
| WCM Investment Management, LLC | 45,621 | $8.68M | 0.02% | +45,621 | New |
| F/M Investments LLC | 46,130 | $8.72M | 0.33% | −5,346−10.4% | Reduced |
| SEI Investments Co | 46,368 | $8.77M | 0.01% | +18,944+69.1% | Added |
| Nordea Investment Management AB | 53,725 | $10.2M | 0.01% | −7,276−11.9% | Reduced |
| JPMorgan Chase & Co | 56,590 | $10.7M | 0.00% | +16,872+42.5% | Added |
| Rhumbline Advisers | 56,736 | $10.7M | 0.01% | −2,686−4.5% | Reduced |
| Granite Investment Partners, LLC | 57,926 | $11.0M | 0.65% | −3,694−6.0% | Reduced |
| Advisor Group Holdings, Inc. | 59,405 | $11.2M | 0.02% | −41,337−41.0% | Reduced |
| Essex Investment Management Co LLC | 60,020 | $11.3M | 1.73% | −1,122−1.8% | Reduced |
| Kornitzer Capital Management Inc | 60,342 | $11.4M | 0.24% | −30,825−33.8% | Reduced |
| Pictet Asset Management Holding SA | 64,386 | $12.5M | 0.01% | −2,582−3.9% | Reduced |
| Castleark Management LLC | 66,736 | $12.6M | 0.37% | +2,060+3.2% | Added |
| Public Sector Pension Investment Board | 68,114 | $12.9M | 0.04% | −8,330−10.9% | Reduced |