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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, Q4 2023

Institutional positions in Madrigal Pharmaceuticals, Inc. as of Dec 31, 2023. 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
226
+23 vs. Q3 2023
Shares held
19.8M
+2.43M (+14.0%) vs. Q3 2023
Total value
$4.57B
+$2.04B (+80.4%) vs. Q3 2023
New holders
56
90 more added
Sold out
33
59 more reduced

3 institutions that held it in Q3 2023 haven't filed for Q4 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2023: 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 holdersQ4 2023: 226 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 heldQ4 2023: $4.57B
Q1 2021: $1.43BQ2 2021: $1.09BQ3 2021: $876.5MQ4 2021: $1.01BQ1 2022: $1.20BQ2 2022: $857.7MQ3 2022: $763.2MQ4 2022: $3.86BQ1 2023: $3.36BQ2 2023: $3.43BQ3 2023: $2.54BQ4 2023: $4.57BQ1 2024: $5.64BQ2 2024: $6.41BQ3 2024: $4.77BQ4 2024: $7.08BQ1 2025: $7.85BQ2 2025: $7.13BQ3 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$7.13B
Q1 2025321$7.85B
Q4 2024283$7.08B
Q3 2024257$4.77B
Q2 2024257$6.41B
Q1 2024266$5.64B
Q4 2023226$4.57B
Q3 2023206$2.54B
Q2 2023208$3.43B
Q1 2023223$3.36B
Q4 2022189$3.86B
Q3 2022135$763.2M
Q2 2022138$857.7M
Q1 2022140$1.20B
Q4 2021144$1.01B
Q3 2021133$876.5M
Q2 2021151$1.09B
Q1 2021137$1.43B

Institutions, Q4 2023

Shares, value and share of portfolio for each institution holding Madrigal Pharmaceuticals, Inc.; share changes are against Q3 2023.

Institutions holding MDGL in Q4 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Janus Henderson Group PLC2,902,050$671.5M0.40%−140,611−4.6%Reduced
Baker Bros. Advisors LP1,969,798$455.8M5.19%+424,685+27.5%Added
Avoro Capital Advisors LLC1,888,888$437.1M6.04%+333,888+21.5%Added
Vanguard Group Inc1,574,742$364.4M0.01%+1,404+0.1%Added
BlackRock Inc.1,212,562$280.6M0.01%+179,836+17.4%Added
Paulson & Co. Inc.1,105,741$255.8M23.09%+605,741+121.1%Added
RTW Investments, LP815,191$188.6M2.95%+505,706+163.4%Added
State Street Corp700,739$162.1M0.01%+58,473+9.1%Added
FMR LLC625,165$144.7M0.01%+184,785+42.0%Added
Price T Rowe Associates Inc388,729$89.9M0.01%+218,356+128.2%Added
Alliancebernstein L.P.339,754$78.6M0.03%−21,223−5.9%Reduced
Geode Capital Management, LLC336,255$77.8M0.01%+39,817+13.4%Added
Erste Asset Management GmbH325,000$75.3M1.10%+74,600+29.8%Added
Bain Capital Life Sciences Investors, LLC324,619$75.1M7.20%+324,619New
Artisan Partners Limited Partnership296,480$68.6M0.11%+16,390+5.9%Added
Jane Street Group, LLC216,818$50.2M0.06%+113,432+109.7%Added
AlpInvest Partners B.V.211,488$48.9M11.18%+211,488New
Ra Capital Management, L.P.204,500$47.3M0.74%00.0%Unchanged
Rock Springs Capital Management LP198,169$45.9M1.13%+1,800+0.9%Added
Group One Trading, L.P.191,931$44.4M1.40%+116,243+153.6%Added
TCG Crossover Management, LLC179,917$41.6M4.62%00.0%Unchanged
Pictet Asset Management Holding SA171,165$39.6M0.04%+59,740+53.6%Added
Morgan Stanley151,918$35.2M0.00%−19,855−11.6%Reduced
Perceptive Advisors LLC151,151$35.0M0.78%+26,514+21.3%Added
Norges Bank145,589$33.7M0.01%−5,659−3.7%Reduced
Northern Trust Corp134,706$31.2M0.01%+11,057+8.9%Added
Tao Capital Management LP130,529$30.2M27.63%+52,872+68.1%Added
Charles Schwab Investment Management Inc120,212$27.8M0.01%+10,711+9.8%Added
Bank of America Corp114,904$26.6M0.00%+5,399+4.9%Added
Affinity Asset Advisors, LLC100,000$23.1M4.61%+15,000+17.6%Added
UBS Group AG88,377$20.4M0.01%+32,192+57.3%Added
Goldman Sachs Group Inc85,103$19.7M0.00%+8,691+11.4%Added
Summit Partners Public Asset Management, LLC82,287$19.0M1.03%+82,287New
American Century Companies Inc75,873$17.6M0.01%+12,264+19.3%Added
University of Wisconsin Foundation73,487$17.0M28.29%+33,354+83.1%Added
Frazier Life Sciences Management, L.P.69,406$16.1M0.86%+69,406New
Susquehanna International Group, LLP62,773$14.5M0.02%+18,654+42.3%Added
Bank of New York Mellon Corp62,178$14.4M0.00%+3,392+5.8%Added
Mirae Asset Global Investments Co., Ltd.61,508$14.4M0.03%−767−1.2%Reduced
Ensign Peak Advisors, Inc61,412$14.2M0.03%+10,365+20.3%Added
Nuveen Asset Management, LLC59,872$13.9M0.00%+20,337+51.4%Added
Wells Fargo & Company59,785$13.8M0.00%+39,672+197.2%Added
Deutsche Bank AG59,397$13.7M0.01%+15,526+35.4%Added
JPMorgan Chase & Co59,313$13.7M0.00%−39,144−39.8%Reduced
Connor, Clark & Lunn Investment Management Ltd.54,107$12.5M0.06%+2,421+4.7%Added
LMR Partners LLP51,885$12.0M0.30%+44,385+591.8%Added
L1 Capital Pty Ltd50,230$11.6M1.09%+1,761+3.6%Added
Armistice Capital, LLC50,000$11.6M0.31%−58,000−53.7%Reduced
Emerald Advisers, LLC47,722$11.0M0.47%+46,844+5,335.3%Added
Rafferty Asset Management, LLC43,099$9.97M0.04%−2,224−4.9%Reduced
MPM Oncology Impact Management LP40,910$9.47M2.21%+51+0.1%Added
Emerald Mutual Fund Advisers Trust39,280$9.09M0.48%+39,280New
Barclays PLC38,354$8.87M0.00%+11,944+45.2%Added
Marshall Wace, LLP33,071$7.65M0.01%−362,327−91.6%Reduced
Rockefeller Capital Management L.P.33,040$7.64M0.03%+14,926+82.4%Added
Propel Bio Management, LLC30,032$6.95M5.76%+30,032New
Macquarie Group Ltd28,500$6.59M0.01%00.0%Unchanged
Sphera Funds Management Ltd.27,767$6.42M1.19%−23,100−45.4%Reduced
Candriam Luxembourg S.C.A.27,000$6.25M0.04%−2,000−6.9%Reduced
Hennion & Walsh Asset Management, Inc.26,926$6.23M0.36%−9,046−25.1%Reduced
Tri Locum Partners LP25,524$5.91M2.90%−8,237−24.4%Reduced
Rosalind Advisors, Inc.25,000$5.78M4.84%+25,000New
BNP Paribas Arbitrage, SA22,769$5.27M0.01%+6,148+37.0%Added
Rhenman & Partners Asset Management AB22,500$5.21M0.52%+22,500New
Swiss National Bank21,400$4.95M0.00%−700−3.2%Reduced
Citigroup Inc21,323$4.93M0.01%−961−4.3%Reduced
Capital Fund Management S.A.21,174$4.90M0.06%+21,174New
Rhumbline Advisers20,624$4.77M0.01%+1,401+7.3%Added
Wintrust Investments LLC20,520$4.75M0.46%−5,365−20.7%Reduced
StemPoint Capital LP20,444$4.73M1.27%+20,444New
California Public Employees Retirement System20,190$4.67M0.00%−4,668−18.8%Reduced
Raymond James & Associates19,730$4.57M0.00%−721−3.5%Reduced
Assenagon Asset Management S.A.19,082$4.42M0.01%−23,294−55.0%Reduced
New York State Common Retirement Fund18,347$4.25M0.01%+1,753+10.6%Added
Schroder Investment Management Group18,300$4.23M0.01%+18,300New
Fred Alger Management, LLC18,097$4.19M0.02%−1,767−8.9%Reduced
Weiss Multi-Strategy Advisers LLC18,060$4.18M0.11%+625+3.6%Added
HSBC Holdings PLC16,949$3.92M0.00%+2,706+19.0%Added
Manufacturers Life Insurance Company, The16,079$3.72M0.00%+2,219+16.0%Added
D. E. Shaw & Co., Inc.15,622$3.61M0.01%+9,708+164.2%Added
TD Asset Management Inc15,540$3.60M0.00%+15,540New
Osterweis Capital Management Inc15,147$3.50M0.22%+7,429+96.3%Added
Ghost Tree Capital, LLC15,000$3.47M2.00%−42,500−73.9%Reduced
Knott David M Jr14,800$3.42M1.31%−200−1.3%Reduced
Simplify Asset Management Inc.14,294$3.31M0.51%00.0%Unchanged
UBS Asset Management Americas Inc14,235$3.29M0.00%−1,591−10.1%Reduced
Cutler Group LP13,500$3.12M0.43%+3,200+31.1%Added
Journey Strategic Wealth LLC13,320$3.08M0.15%00.0%Unchanged
Exome Asset Management LLC13,202$3.05M3.02%+13,202New
State of New Jersey Common Pension Fund D13,106$3.03M0.01%−923−6.6%Reduced
Voya Investment Management LLC13,003$3.01M0.00%+2,847+28.0%Added
EULAV Asset Management13,000$3.01M0.09%+13,000New
Mutual of America Capital Management LLC12,803$2.96M0.03%−572−4.3%Reduced
Schonfeld Strategic Advisors LLC12,458$2.88M0.02%−59,077−82.6%Reduced
Legal & General Group Plc12,254$2.84M0.00%−199−1.6%Reduced
California State Teachers Retirement System12,095$2.80M0.00%+194+1.6%Added
SEI Investments Co10,918$2.53M0.00%+830+8.2%Added
Credit Suisse AG10,528$2.44M0.00%−172−1.6%Reduced
Citadel Advisors LLC10,492$2.43M0.00%−266,334−96.2%Reduced
Polar Asset Management Partners Inc.9,900$2.29M0.06%−400−3.9%Reduced