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.
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 |
|---|---|---|---|---|---|
| State of Alaska, Department of Revenue | 13,649 | $2.58M | 0.03% | +2,757+25.3% | Added |
| Thrivent Financial for Lutherans | 13,525 | $2.56M | 0.00% | −613−4.3% | Reduced |
| Baird Financial Group, Inc. | 12,823 | $2.42M | 0.00% | +260+2.1% | Added |
| NFJ Investment Group, LLC | 12,291 | $2.32M | 0.08% | −546−4.3% | Reduced |
| Voloridge Investment Management, LLC | 12,038 | $2.28M | 0.01% | +3,442+40.0% | Added |
| Illinois Municipal Retirement Fund | 11,716 | $2.22M | 0.03% | +1,895+19.3% | Added |
| Trexquant Investment LP | 11,550 | $2.18M | 0.02% | −32,949−74.0% | Reduced |
| State of Wisconsin Investment Board | 11,155 | $2.11M | 0.00% | −228−2.0% | Reduced |
| Pavaki Capital Management LLC | 11,100 | $2.10M | 1.47% | +11,100 | New |
| SG Americas Securities, LLC | 10,817 | $2.04M | 0.00% | −905−7.7% | Reduced |
| MetLife Investment Management | 10,655 | $2.01M | 0.01% | −438−3.9% | Reduced |
| Los Angeles Capital Management LLC | 10,321 | $1.93M | 0.01% | +5,587+118.0% | Added |
| Cookson Peirce & Co Inc | 10,147 | $1.92M | 0.08% | +384+3.9% | Added |
| Equitable Holdings, Inc. | 9,605 | $1.82M | 0.01% | +769+8.7% | Added |
| Gotham Asset Management, LLC | 9,346 | $1.77M | 0.01% | −129−1.4% | Reduced |
| One Capital Management, LLC | 9,287 | $1.76M | 0.05% | +9,287 | New |
| Future Fund LLC | 9,280 | $1.75M | 0.62% | +9,280 | New |
| Manufacturers Life Insurance Company, The | 9,111 | $1.72M | 0.00% | −440−4.6% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 9,036 | $1.71M | 0.00% | +167+1.9% | Added |
| Louisiana State Employees Retirement System | 9,000 | $1.70M | 0.03% | 00.0% | Unchanged |
| Pier 88 Investment Partners LLC | 8,520 | $1.61M | 0.36% | +1,320+18.3% | Added |
| Blair William & Co | 8,474 | $1.60M | 0.00% | +88+1.0% | Added |
| Wellington Management Group LLP | 8,426 | $1.59M | 0.00% | +110+1.3% | Added |
| Jackson Creek Investment Advisors LLC | 8,313 | $1.57M | 0.46% | −6,157−42.6% | Reduced |
| Public Employees Retirement System of Ohio | 8,285 | $1.57M | 0.00% | 00.0% | Unchanged |
| Susquehanna Portfolio Strategies, LLC | 7,744 | $1.46M | 0.02% | +1,947+33.6% | Added |
| XTX Topco Ltd | 7,717 | $1.46M | 0.04% | +7,717 | New |
| Intech Investment Management LLC | 7,585 | $1.43M | 0.01% | +1,473+24.1% | Added |
| OP Asset Management Ltd | 7,212 | $1.36M | 0.02% | 00.0% | Unchanged |
| Creative Planning | 7,145 | $1.35M | 0.00% | +1,033+16.9% | Added |
| B. Metzler seel. Sohn & Co. AG | 6,879 | $1.30M | 0.01% | +6,879 | New |
| Ellsworth Advisors, LLC | 6,565 | $1.29M | 0.25% | −474−6.7% | Reduced |
| State of New Jersey Common Pension Fund D | 6,689 | $1.26M | 0.00% | −6,832−50.5% | Reduced |
| HighTower Advisors, LLC | 6,616 | $1.25M | 0.00% | +29+0.4% | Added |
| Handelsbanken Fonder AB | 6,358 | $1.20M | 0.00% | 00.0% | Unchanged |
| Assetmark, Inc | 6,191 | $1.17M | 0.00% | +6,068+4,933.3% | Added |
| STRS Ohio | 6,100 | $1.15M | 0.00% | −400−6.2% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 6,033 | $1.14M | 0.00% | +6,033 | New |
| Amalgamated Bank | 5,687 | $1.07M | 0.01% | +52+0.9% | Added |
| Quadrant Capital Group LLC | 5,658 | $1.07M | 0.03% | 00.0% | Unchanged |
| Yousif Capital Management, LLC | 5,402 | $1.06M | 0.01% | −752−12.2% | Reduced |
| Arizona State Retirement System | 5,506 | $1.04M | 0.01% | −194−3.4% | Reduced |
| Comerica Bank | 5,432 | $1.03M | 0.00% | −1,103−16.9% | Reduced |
| Susquehanna International Group, LLP | 5,409 | $1.02M | 0.00% | −3,398−38.6% | Reduced |
| Guggenheim Capital LLC | 5,257 | $993.9K | 0.01% | +5,257 | New |
| Police & Firemen's Retirement System of New Jersey | 5,232 | $989.2K | 0.01% | −48−0.9% | Reduced |
| State of Tennessee, Treasury Department | 5,119 | $983.4K | 0.00% | −2,671−34.3% | Reduced |
| MAI Capital Management | 5,158 | $975.2K | 0.01% | +5,158 | New |
| AQR Capital Management LLC | 5,158 | $975.2K | 0.00% | +574+12.5% | Added |
| Cornerstone Capital, Inc. | 5,117 | $967.5K | 0.10% | −70−1.3% | Reduced |
| Equitable Trust Co | 5,035 | $952.0K | 0.04% | −880−14.9% | Reduced |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 4,873 | $921.3K | 0.00% | −118−2.4% | Reduced |
| Teachers Retirement System of the State of Kentucky | 4,791 | $906.0K | 0.01% | −111−2.3% | Reduced |
| Quantbot Technologies LP | 4,644 | $878.0K | 0.03% | +4,644 | New |
| ProShare Advisors LLC | 4,640 | $877.3K | 0.00% | +339+7.9% | Added |
| DekaBank Deutsche Girozentrale | 11,185 | $859.0K | 0.00% | 00.0% | Unchanged |
| Oregon Public Employees Retirement Fund | 4,485 | $848.0K | 0.01% | +43+1.0% | Added |
| Glenmede Trust Co NA | 4,482 | $847.4K | 0.00% | +4,482 | New |
| Erste Asset Management GmbH | 4,300 | $839.2K | 0.01% | 00.0% | Unchanged |
| LPL Financial LLC | 4,273 | $807.9K | 0.00% | +866+25.4% | Added |
| Bridgewater Associates, LP | 4,207 | $795.4K | 0.00% | +2,919+226.6% | Added |
| KLP Kapitalforvaltning AS | 4,200 | $794.1K | 0.00% | +300+7.7% | Added |
| Atria Investments LLC | 3,966 | $749.9K | 0.01% | −1,169−22.8% | Reduced |
| Kings Path Partners LLC | 3,960 | $748.7K | 0.26% | 00.0% | Unchanged |
| State Board of Administration of Florida Retirement System | 3,805 | $719.4K | 0.00% | +1,000+35.7% | Added |
| Fred Alger Management, LLC | 3,762 | $711.3K | 0.00% | −2,106−35.9% | Reduced |
| MML Investors Services, LLC | 3,734 | $706.0K | 0.00% | −228−5.8% | Reduced |
| Gibbs Wealth Management | 3,348 | $691.9K | 0.17% | −2,994−47.2% | Reduced |
| Integrated Quantitative Investments LLC | 3,635 | $687.3K | 0.15% | +3,635 | New |
| Virtus Investment Advisers, Inc. | 3,605 | $681.6K | 0.19% | −278−7.2% | Reduced |
| CI Private Wealth, LLC | 3,561 | $673.3K | 0.00% | +741+26.3% | Added |
| CWC Advisors, LLC. | 3,531 | $667.6K | 0.32% | −7−0.2% | Reduced |
| Brinker Capital Investments, LLC | 3,501 | $661.9K | 0.00% | +2,315+195.2% | Added |
| Man Group plc | 3,450 | $652.3K | 0.00% | +3,450 | New |
| Voya Investment Management LLC | 3,447 | $651.7K | 0.00% | 00.0% | Unchanged |
| Advisors Asset Management, Inc. | 3,336 | $630.7K | 0.01% | −67−2.0% | Reduced |
| Cetera Investment Advisers | 3,335 | $630.5K | 0.00% | +1,759+111.6% | Added |
| China Universal Asset Management Co., Ltd. | 3,207 | $606.3K | 0.05% | −228−6.6% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 3,193 | $603.7K | 0.00% | 00.0% | Unchanged |
| Callan Family Office, LLC | 3,186 | $602.4K | 0.01% | +321+11.2% | Added |
| Amundi | 3,033 | $573.4K | 0.00% | −323−9.6% | Reduced |
| EntryPoint Capital, LLC | 3,009 | $568.9K | 0.22% | 00.0% | Unchanged |
| Sigma Planning Corp | 3,000 | $567.2K | 0.02% | +3,000 | New |
| Quantinno Capital Management LP | 2,999 | $567.0K | 0.00% | +515+20.7% | Added |
| Diadema Partners LP | 2,987 | $564.8K | 0.34% | +2,987 | New |
| Group One Trading, L.P. | 2,953 | $558.3K | 0.02% | +2,613+768.5% | Added |
| Teacher Retirement System of Texas | 2,901 | $548.5K | 0.00% | −1,829−38.7% | Reduced |
| Cetera Trust Company, N.A | 2,880 | $544.5K | 0.29% | 00.0% | Unchanged |
| Maryland State Retirement & Pension System | 2,872 | $543.0K | 0.01% | +61+2.2% | Added |
| Freestone Grove Partners LP | 2,867 | $542.1K | 0.00% | +2,867 | New |
| Portside Wealth Group, LLC | 2,833 | $535.6K | 0.07% | −1,385−32.8% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 2,688 | $526.9K | 0.00% | +78+3.0% | Added |
| Public Employees Retirement Association of Colorado | 2,555 | $483.0K | 0.00% | 00.0% | Unchanged |
| Summit Global Investments | 2,417 | $457.0K | 0.03% | +975+67.6% | Added |
| Janney Capital Management LLC | 2,393 | $452.0K | 0.03% | +43+1.8% | Added |
| Evergreen Capital Management LLC | 2,276 | $430.3K | 0.01% | −22−1.0% | Reduced |
| Crossmark Global Holdings, Inc. | 2,264 | $428.1K | 0.01% | +456+25.2% | Added |
| Mutual of America Capital Management LLC | 2,250 | $425.4K | 0.00% | +55+2.5% | Added |
| The PNC Financial Services Group, Inc. | 2,240 | $423.5K | 0.00% | +410+22.4% | Added |
| Profund Advisors LLC | 2,234 | $422.4K | 0.01% | −419−15.8% | Reduced |