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Madrigal Pharmaceuticals, Inc.

MDGL
Exchange
Nasdaq
Industry
Pharmaceutical Preparations
SEC CIK
0001157601

In the last 90 days, Madrigal Pharmaceuticals, Inc. insiders filed 0 open-market purchases and 3 sales; 414 institutions reported holding it in 13F filings for Q2 2026, worth $12.7B in total; no superinvestor holds it.

13F holders, Q2 2026

Institutional positions in Madrigal Pharmaceuticals, Inc. as of Jun 30, 2026. 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
414
+38 vs. Q1 2026
Shares held
23.7M
+1.97M (+9.1%) vs. Q1 2026
Total value
$12.7B
+$1.34B (+11.8%) vs. Q1 2026
New holders
80
146 more added
Sold out
42
130 more reduced

4 institutions that held it in Q1 2026 haven't filed for Q2 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2026: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting MDGL 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 holdersQ2 2026: 414 institutions
Q1 2021: 137 institutionsQ2 2021: 151 institutionsQ3 2021: 133 institutionsQ4 2021: 144 institutionsQ1 2022: 140 institutionsQ2 2022: 138 institutionsQ3 2022: 135 institutionsQ4 2022: 189 institutionsQ1 2023: 223 institutionsQ2 2023: 208 institutionsQ3 2023: 206 institutionsQ4 2023: 226 institutionsQ1 2024: 266 institutionsQ2 2024: 257 institutionsQ3 2024: 257 institutionsQ4 2024: 283 institutionsQ1 2025: 321 institutionsQ2 2025: 305 institutionsQ3 2025: 352 institutionsQ4 2025: 387 institutionsQ1 2026: 380 institutionsQ2 2026: 414 institutions
Value heldQ2 2026: $12.7B
Q1 2021: $1.43BQ2 2021: $1.09BQ3 2021: $876.5MQ4 2021: $1.03BQ1 2022: $1.20BQ2 2022: $858.3MQ3 2022: $769.1MQ4 2022: $3.91BQ1 2023: $3.44BQ2 2023: $3.45BQ3 2023: $2.54BQ4 2023: $4.62BQ1 2024: $5.83BQ2 2024: $6.42BQ3 2024: $4.79BQ4 2024: $7.08BQ1 2025: $7.85BQ2 2025: $7.14BQ3 2025: $10.7BQ4 2025: $13.7BQ1 2026: $12.4BQ2 2026: $12.7B
Institutions holding MDGL and their total value by quarter
QuarterHoldersValue
Q2 2026414$12.7B
Q1 2026380$12.4B
Q4 2025387$13.7B
Q3 2025352$10.7B
Q2 2025305$7.14B
Q1 2025321$7.85B
Q4 2024283$7.08B
Q3 2024257$4.79B
Q2 2024257$6.42B
Q1 2024266$5.83B
Q4 2023226$4.62B
Q3 2023206$2.54B
Q2 2023208$3.45B
Q1 2023223$3.44B
Q4 2022189$3.91B
Q3 2022135$769.1M
Q2 2022138$858.3M
Q1 2022140$1.20B
Q4 2021144$1.03B
Q3 2021133$876.5M
Q2 2021151$1.09B
Q1 2021137$1.43B

Institutions, Q2 2026

Shares, value and share of portfolio for each institution holding Madrigal Pharmaceuticals, Inc.; share changes are against Q1 2026.

Institutions holding MDGL in Q2 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Baker Bros. Advisors LP2,143,131$1.15B5.77%+1,430+0.1%Added
RTW Investments, LP1,993,687$1.07B9.14%00.0%Unchanged
Jupiter Topco LLC1,936,099$1.04B0.42%+1,936,099New
Avoro Capital Advisors LLC1,833,333$984.4M8.84%+15,152+0.8%Added
Paulson & Co. Inc.1,340,020$719.5M27.94%−52,168−3.7%Reduced
BlackRock, Inc.1,200,770$644.8M0.01%−359,195−23.0%Reduced
Vanguard Capital Management LLC835,668$448.7M0.01%+8,524+1.0%Added
Wellington Management Group LLP825,714$443.4M0.08%+130,756+18.8%Added
Vanguard Portfolio Management LLC781,731$419.8M0.02%−59,414−7.1%Reduced
State Street Corp527,057$283.0M0.01%−82,468−13.5%Reduced
Citadel Advisors LLC507,233$272.4M0.16%+53,390+11.8%Added
UBS Group AG401,708$215.7M0.03%+283,929+241.1%Added
Geode Capital Management, LLC374,880$201.3M0.01%−80,990−17.8%Reduced
FMR LLC356,201$191.3M0.01%−155,527−30.4%Reduced
William Blair Investment Management, LLC324,123$174.0M0.52%−16,396−4.8%Reduced
Invesco Ltd.301,435$161.9M0.01%−28,084−8.5%Reduced
Armistice Capital, LLC288,000$154.6M4.28%+23,417+8.9%Added
Lord, Abbett & Co. LLC281,500$151.2M0.43%+38,774+16.0%Added
Assenagon Asset Management S.A.248,428$133.4M0.09%+232,395+1,449.5%Added
Goldman Sachs Group Inc246,280$132.2M0.01%−31,091−11.2%Reduced
Polar Capital Holdings Plc244,274$131.2M0.37%−45,036−15.6%Reduced
Ameriprise Financial Inc231,205$124.1M0.03%+133,024+135.5%Added
Norges Bank213,886$114.8M0.01%+213,886New
Artisan Partners Limited Partnership210,205$112.9M0.18%+26,665+14.5%Added
Pictet Asset Management Holding SA192,896$103.5M0.10%+5,656+3.0%Added
Jane Street Group, LLC191,541$102.8M0.07%+155,703+434.5%Added
Price T Rowe Associates Inc187,226$100.5M0.01%−140,884−42.9%Reduced
Alliancebernstein L.P.189,458$99.2M0.03%+64,011+51.0%Added
Charles Schwab Investment Management Inc184,324$99.0M0.01%−32,396−14.9%Reduced
Toronto Dominion Bank181,432$97.4M0.16%+50,972+39.1%Added
Rock Springs Capital Management LP174,999$94.0M4.59%+4,000+2.3%Added
Hood River Capital Management LLC169,084$90.8M0.66%−80,427−32.2%Reduced
Holocene Advisors, LP152,924$82.1M0.19%+152,924New
Susquehanna International Group, LLP148,610$79.8M0.07%+126,394+568.9%Added
Morgan Stanley139,009$74.6M0.00%−52,285−27.3%Reduced
Point72 Asset Management, L.P.137,029$73.6M0.11%−88,481−39.2%Reduced
Bank of America Corp134,036$72.0M0.00%−55,491−29.3%Reduced
Bank of New York Mellon Corp128,520$69.0M0.01%−7,388−5.4%Reduced
Woodline Partners LP125,899$67.6M0.21%00.0%Unchanged
Vanguard Fiduciary Trust Co121,583$65.3M0.01%−6,496−5.1%Reduced
Clearbridge Investments, LLC109,325$58.7M0.05%+84,878+347.2%Added
Erste Asset Management GmbH110,210$58.1M0.45%−50,000−31.2%Reduced
Marshall Wace, LLP101,859$54.7M0.05%+79,957+365.1%Added
Fiera Capital Corp99,857$53.6M0.19%−74,154−42.6%Reduced
American Century Companies Inc99,396$53.4M0.02%−64,537−39.4%Reduced
Northern Trust Corp98,510$52.9M0.01%−50,704−34.0%Reduced
New York State Common Retirement Fund94,743$50.9M0.06%+19,614+26.1%Added
Westfield Capital Management Co LP93,931$50.4M0.16%−882−0.9%Reduced
HRT Financial LP84,634$45.4M0.08%+84,634New
Deutsche Bank AG83,916$45.1M0.01%−14,151−14.4%Reduced
Millennium Management LLC81,196$43.6M0.03%+40,343+98.8%Added
Alkeon Capital Management LLC80,000$43.0M0.17%00.0%Unchanged
Balyasny Asset Management LLC79,011$42.4M0.08%+79,011New
Driehaus Capital Management LLC78,094$41.9M0.24%−32,866−29.6%Reduced
Candriam Luxembourg S.C.A.72,121$38.7M0.17%−12,827−15.1%Reduced
Tri Locum Partners LP68,273$36.7M4.51%−35,015−33.9%Reduced
Vestal Point Capital, LP65,000$34.9M0.82%+33,532+106.6%Added
Allspring Global Investments Holdings, LLC67,668$34.8M0.05%+66,470+5,548.4%Added
Voya Investment Management LLC61,202$32.9M0.03%+1,231+2.1%Added
BNP Paribas Arbitrage, SA57,998$31.1M0.02%+821+1.4%Added
Jones Hill Capital LP52,545$28.2M6.00%+52,545New
EULAV Asset Management52,000$27.9M0.89%+3,000+6.1%Added
Schroder Investment Management Group51,630$27.2M0.02%+11,778+29.6%Added
Russell Investments Group, Ltd.49,294$26.5M0.02%+4,790+10.8%Added
Renaissance Technologies LLC45,942$24.7M0.03%−25,928−36.1%Reduced
Affinity Asset Advisors, LLC40,000$21.5M1.05%−15,000−27.3%Reduced
Citigroup Inc37,255$20.0M0.01%+11,666+45.6%Added
D. E. Shaw & Co., Inc.35,071$18.8M0.01%+4,932+16.4%Added
Mirae Asset Global Investments Co., Ltd.33,420$17.9M0.03%−7,506−18.3%Reduced
Nuveen, LLC32,631$17.5M0.00%−29,429−47.4%Reduced
Segall Bryant & Hamill, LLC32,444$17.4M0.21%+574+1.8%Added
UBS Asset Management Americas Inc32,403$17.4M0.00%+8,607+36.2%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.31,998$17.2M0.02%−881−2.7%Reduced
Groupama Asset Managment30,941$16.6M0.21%−4,297−12.2%Reduced
Swiss National Bank29,940$16.1M0.01%+720+2.5%Added
JPMorgan Chase & Co29,473$16.0M0.00%−6,842−18.8%Reduced
PFM Health Sciences, LP29,313$15.7M1.37%−4,833−14.2%Reduced
Canada Pension Plan Investment Board29,080$15.6M0.01%+16,820+137.2%Added
Rockefeller Capital Management L.P.29,015$15.6M0.02%−4,834−14.3%Reduced
Gilder Gagnon Howe & Co LLC28,573$15.3M0.16%−818−2.8%Reduced
Wells Fargo & Company26,536$14.2M0.00%−5,676−17.6%Reduced
SEI Investments Co25,826$13.9M0.01%+1,628+6.7%Added
Integral Health Asset Management, LLC25,000$13.4M0.55%00.0%Unchanged
California Public Employees Retirement System24,277$13.0M0.01%+1,079+4.7%Added
WCM Investment Management, LLC22,985$12.1M0.02%−575−2.4%Reduced
Susquehanna Portfolio Strategies, LLC22,003$11.8M0.19%+15,753+252.0%Added
Tao Capital Management LP21,000$11.3M0.58%00.0%Unchanged
HSBC Holdings PLC20,240$10.9M0.01%+19,139+1,738.3%Added
First Trust Advisors LP19,826$10.6M0.01%−2,407−10.8%Reduced
Weiss Asset Management LP19,325$10.4M0.12%+19,325New
Raymond James Financial Inc19,305$10.4M0.00%−47,224−71.0%Reduced
ArrowMark Colorado Holdings LLC18,624$10.0M0.42%−43,817−70.2%Reduced
Rhumbline Advisers18,154$9.75M0.01%−3,610−16.6%Reduced
Sphera Funds Management Ltd.17,419$9.35M1.34%+8,379+92.7%Added
California State Teachers Retirement System17,197$9.23M0.01%+150+0.9%Added
AQR Capital Management LLC15,827$8.50M0.00%−126−0.8%Reduced
Silvercrest Asset Management Group LLC15,655$8.41M0.06%−308−1.9%Reduced
Vanguard Asset Management, Ltd15,204$8.16M0.01%+1,114+7.9%Added
Shikiar Asset Management Inc14,950$8.03M2.03%+10,950+273.8%Added
Federated Hermes, Inc.14,914$8.01M0.01%−1,989−11.8%Reduced