Skip to main content

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, 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.

Institutional holdersQ4 2025: 351 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 heldQ4 2025: $3.89B
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, Q4 2025

Shares, value and share of portfolio for each institution holding Ligand Pharmaceuticals Inc; share changes are against Q3 2025.

Institutions holding LGND in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
BTC Capital Management, Inc.2,143$405.7K0.03%−853−28.5%Reduced
Fiduciary Trust Co2,143$405.2K0.00%+445+26.2%Added
Lido Advisors, LLC2,232$401.2K0.00%+31+1.4%Added
Ashton Thomas Private Wealth, LLC2,103$397.6K0.01%+89+4.4%Added
Citadel Advisors LLC2,066$390.6K0.00%−11,246−84.5%Reduced
Simplex Trading, LLC2,055$388.5K0.01%+408+24.8%Added
Contravisory Investment Management, Inc.2,036$384.9K0.08%−145−6.6%Reduced
1492 Capital Management LLC1,876$354.7K0.14%00.0%Unchanged
Swiss Life Asset Management Ltd1,823$344.7K0.00%+1,823New
FORA Capital, LLC1,922$337.5K0.04%+1,922New
Cornerstone Investment Partners, LLC1,698$321.0K0.01%+1+0.1%Added
Truist Financial Corp1,679$317.4K0.00%00.0%Unchanged
Stephens Inc1,656$313.1K0.00%−4−0.2%Reduced
Canada Pension Plan Investment Board1,600$302.5K0.00%−1,900−54.3%Reduced
Ameritas Investment Partners, Inc.1,594$301.4K0.01%00.0%Unchanged
Steigerwald, Gordon & Koch Inc.1,566$296.1K0.03%00.0%Unchanged
Xponance, Inc.1,536$290.4K0.00%+37+2.5%Added
Cerity Partners LLC1,531$289.5K0.00%+79+5.4%Added
Virginia Retirement Systems Et Al1,500$283.6K0.00%+1,500New
Alpine Global Management, LLC1,500$283.6K0.06%+1,500New
Keybank National Association1,477$279.3K0.00%+148+11.1%Added
Cim Investment Mangement Inc1,435$271.3K0.07%00.0%Unchanged
RSM US Wealth Management LLC1,404$267.0K0.00%−214−13.2%Reduced
Envestnet Portfolio Solutions, Inc.1,407$266.0K0.00%−153−9.8%Reduced
Park Avenue Securities LLC1,402$265.0K0.00%+1,402New
Bailard, Inc.1,400$264.7K0.01%00.0%Unchanged
JustInvest LLC1,391$263.0K0.00%+55+4.1%Added
Sowell Financial Services LLC1,328$251.1K0.01%+1,328New
Norden Group LLC1,321$249.8K0.02%−774−36.9%Reduced
Commerce Bank1,308$247.3K0.00%+1,308New
Supplemental Annuity Collective Trust of NJ1,290$243.9K0.06%−610−32.1%Reduced
CIBC World Markets Corp1,283$242.6K0.00%+1,283New
Neuberger Berman Group LLC1,271$240.3K0.00%−51−3.9%Reduced
Rafferty Asset Management, LLC1,270$240.1K0.00%−33−2.5%Reduced
US Bancorp1,236$233.7K0.00%−160−11.5%Reduced
Mackenzie Financial Corp1,195$226.8K0.00%+26+2.2%Added
Susquehanna Fundamental Investments, LLC1,184$223.9K0.01%00.0%Unchanged
Oppenheimer Asset Management Inc.1,183$223.7K0.00%+1,183New
Dynamic Technology Lab Private Ltd1,130$214.0K0.05%+1,130New
Principal Securities, Inc.1,127$213.1K0.00%+793+237.4%Added
Commonwealth Equity Services, LLC1,105$208.9K0.00%+1,105New
Wedbush Securities Inc1,083$205.0K0.01%−50−4.4%Reduced
Allianz Asset Management GmbH1,080$204.2K0.00%+1,080New
Sterling Capital Management LLC1,004$189.8K0.00%−171−14.6%Reduced
Mirae Asset Global Investments Co., Ltd.956$180.8K0.00%+198+26.1%Added
Acadian Asset Management LLC933$176.0K0.00%+933New
State of Wyoming894$169.0K0.02%+894New
Persistent Asset Partners Ltd791$149.6K0.07%+791New
Tower Research Capital LLC (TRC)757$143.1K0.00%+335+79.4%Added
Nisa Investment Advisors, LLC730$138.0K0.00%−68−8.5%Reduced
Rockefeller Capital Management L.P.727$137.5K0.00%−14−1.9%Reduced
Huntington National Bank701$132.5K0.00%+697+17,425.0%Added
Tripletail Wealth Management, LLC710$129.7K0.16%00.0%Unchanged
KBC Group NV660$125.0K0.00%00.0%Unchanged
Farther Finance Advisors, LLC645$122.0K0.00%−34−5.0%Reduced
GAMMA Investing LLC627$118.5K0.01%+52+9.0%Added
First Horizon Corp574$108.5K0.00%+306+114.2%Added
Allworth Financial LP551$104.2K0.00%+8+1.5%Added
Jackson, Grant Investment Advisers, Inc.500$94.5K0.03%00.0%Unchanged
Rothschild Investment LLC433$81.9K0.00%00.0%Unchanged
Global Retirement Partners, LLC418$79.0K0.00%+182+77.1%Added
Redwood Park Advisors LLC415$78.5K0.05%00.0%Unchanged
GF Fund Management Co. Ltd.386$73.0K0.00%−36−8.5%Reduced
Bayforest Capital Ltd385$72.8K0.05%+385New
Pinnacle Wealth Planning Services, Inc.365$69.0K0.01%+365New
Hantz Financial Services, Inc.354$67.0K0.00%+189+114.5%Added
CWM, LLC342$65.0K0.00%+9+2.7%Added
Covestor Ltd343$65.0K0.03%+341+17,050.0%Added
IFP Advisors, Inc342$64.7K0.00%+312+1,040.0%Added
Smartleaf Asset Management LLC305$58.0K0.00%+34+12.5%Added
Signaturefd, LLC279$52.8K0.00%−4−1.4%Reduced
Maseco LLP275$52.0K0.00%00.0%Unchanged
BNP PARIBAS ASSET MANAGEMENT Holding S.A.258$49.0K0.00%+83+47.4%Added
Versant Capital Management, Inc256$48.4K0.01%00.0%Unchanged
Richardson Financial Services Inc.228$43.1K0.03%+18+8.6%Added
USA Financial Portformulas Corp227$42.9K0.01%+227New
Cheviot Value Management, LLC200$38.0K0.00%00.0%Unchanged
Bryn Mawr Trust Co190$35.9K0.00%−892−82.4%Reduced
CIBC Private Wealth Group, LLC183$34.6K0.00%+34+22.8%Added
Kestra Advisory Services, LLC166$31.4K0.00%+166New
Fifth Third Bancorp152$28.7K0.00%+7+4.8%Added
Massmutual Trust Co FSB150$28.4K0.00%+6+4.2%Added
Salomon & Ludwin, LLC144$27.7K0.00%−1−0.7%Reduced
Crewe Advisors LLC142$26.8K0.00%+9+6.8%Added
Millstone Evans Group, LLC133$25.1K0.01%00.0%Unchanged
Steward Partners Investment Advisory, LLC129$24.4K0.00%+24+22.9%Added
Merrithew & Thorsten Inc129$24.0K0.03%+129New
Torren Management, LLC123$23.3K0.01%+123New
Central Trust Co112$21.2K0.00%+8+7.7%Added
Danske Bank A/S100$18.9K0.00%00.0%Unchanged
Umb Bank N A89$16.8K0.00%+13+17.1%Added
Transamerica Financial Advisors, Inc.80$15.1K0.00%00.0%Unchanged
St Germain D J Co Inc75$14.2K0.00%00.0%Unchanged
Parallel Advisors, LLC73$13.8K0.00%+28+62.2%Added
GPS Wealth Strategies Group, LLC70$13.2K0.01%00.0%Unchanged
Parkside Financial Bank & Trust69$13.0K0.00%+10+16.9%Added
Comprehensive Financial Planning, Inc.66$12.5K0.01%+66New
Jones Financial Companies LLLP63$11.9K0.00%00.0%Unchanged
Daiwa Securities Group Inc.58$11.0K0.00%−5−7.9%Reduced
Sound Income Strategies, LLC57$11.0K0.00%+57New