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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, Q3 2025

Institutional positions in Madrigal Pharmaceuticals, Inc. as of Sep 30, 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
352
+51 vs. Q2 2025
Shares held
23.4M
+16.4K (+0.1%) vs. Q2 2025
Total value
$10.7B
+$3.65B (+51.6%) vs. Q2 2025
New holders
87
107 more added
Sold out
36
107 more reduced

4 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2025: 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 holdersQ3 2025: 352 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 heldQ3 2025: $10.7B
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, Q3 2025

Shares, value and share of portfolio for each institution holding Madrigal Pharmaceuticals, Inc.; share changes are against Q2 2025.

Institutions holding MDGL in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
CIBC Asset Management Inc626$287.1K0.00%+626New
Scientech Research LLC634$290.8K0.10%+634New
Swiss Life Asset Management Ltd646$296.3K0.00%+646New
Point72 Hong Kong Ltd669$306.8K0.01%+669New
Transcend Wealth Collective, LLC673$308.7K0.02%+673New
Wealth Enhancement Advisory Services, LLC708$308.9K0.00%+7+1.0%Added
Intrust Bank NA674$309.1K0.03%+674New
Marshall Wace, LLP700$321.1K0.00%−54,419−98.7%Reduced
Miracle Mile Advisors, LLC703$322.4K0.00%00.0%Unchanged
Centaurus Financial, Inc.709$325.0K0.02%+34+5.0%Added
Bridgefront Capital, LLC716$328.4K0.10%−1,427−66.6%Reduced
Sectoral Asset Management Inc730$334.8K0.21%00.0%Unchanged
Dorsey & Whitney Trust CO LLC752$344.9K0.02%00.0%Unchanged
Comerica Bank759$348.3K0.00%+2+0.3%Added
Pitcairn Co771$353.6K0.03%−25−3.1%Reduced
QRG Capital Management, Inc.771$353.6K0.00%+76+10.9%Added
Park Avenue Securities LLC786$360.0K0.00%+87+12.4%Added
Advisor Group Holdings, Inc.802$361.6K0.00%−7,866−90.7%Reduced
Arrowpoint Investment Partners (Singapore) Pte. Ltd.792$363.3K0.53%+792New
Cannon Global Investment Management, LLC800$366.9K0.93%00.0%Unchanged
O'Shaughnessy Asset Management, LLC856$392.6K0.00%+856New
Tudor Investment Corp Et Al926$424.7K0.00%+926New
Penserra Capital Management LLC954$437.0K0.01%+954New
Chicago Partners Investment Group LLC1,025$439.9K0.01%+56+5.8%Added
Cerity Partners LLC963$441.7K0.00%−170−15.0%Reduced
Syon Capital LLC965$442.6K0.02%+2+0.2%Added
Optimize Financial Inc980$449.5K0.23%+980New
Blair William & Co1,000$458.7K0.00%00.0%Unchanged
Landscape Capital Management, L.L.C.1,010$463.2K0.03%−4,850−82.8%Reduced
Atria Investments LLC1,010$463.2K0.01%−136−11.9%Reduced
JGP Global Gestao de Recursos Ltda.1,042$477.9K0.28%−199−16.0%Reduced
Federation des caisses Desjardins du Quebec1,084$497.2K0.00%+1,084New
JustInvest LLC1,089$499.5K0.01%+105+10.7%Added
Gladstone Institutional Advisory LLC1,093$501.3K0.02%+1,093New
Oppenheimer Asset Management Inc.1,106$507.3K0.01%−14−1.3%Reduced
Boothbay Fund Management, LLC1,117$512.3K0.01%+1,117New
HighTower Advisors, LLC1,127$516.9K0.00%−230−16.9%Reduced
Peak Financial Advisors LLC1,154$529.3K0.25%+1,154New
Bryce Point Capital, LLC1,169$536.2K0.65%+1,169New
B. Metzler seel. Sohn & Co. AG1,221$560.0K0.00%+1,221New
Dark Forest Capital Management LP1,259$577.5K0.02%+1,259New
Verity Asset Management, Inc.1,260$577.9K0.19%−457−26.6%Reduced
Cambridge Investment Research Advisors, Inc.1,271$583.0K0.00%+33+2.7%Added
Bayforest Capital Ltd1,360$623.8K0.30%−747−35.5%Reduced
Brevan Howard Capital Management LP1,375$630.7K0.01%+209+17.9%Added
MML Investors Services, LLC1,390$637.5K0.00%−121−8.0%Reduced
Public Employees Retirement Association of Colorado1,433$657.0K0.00%00.0%Unchanged
J. Goldman & Co LP1,449$664.6K0.03%−2,102−59.2%Reduced
Xponance, Inc.1,460$669.6K0.01%+152+11.6%Added
Sanctuary Advisors, LLC1,465$671.9K0.00%+192+15.1%Added
AlTi Global, Inc.1,492$684.3K0.02%00.0%Unchanged
Virtus Investment Advisers, Inc.1,495$685.7K0.20%00.0%Unchanged
NJ State Employees Deferred Compensation Plan1,500$688.0K0.08%00.0%Unchanged
Great West Life Assurance Co1,608$711.0K0.00%00.0%Unchanged
Ameritas Investment Partners, Inc.1,554$712.8K0.02%−170−9.9%Reduced
Kestra Advisory Services, LLC1,567$718.7K0.00%−98−5.9%Reduced
New York Life Investment Management LLC1,610$738.4K0.01%−43−2.6%Reduced
R Squared Ltd1,619$742.6K0.32%−151−8.5%Reduced
NEOS Investment Management LLC1,621$743.5K0.01%−180−10.0%Reduced
Tema ETFs LLC1,621$743.5K0.06%−180−10.0%Reduced
Guggenheim Capital LLC1,625$745.3K0.01%−413−20.3%Reduced
Gsa Capital Partners LLP1,739$798.0K0.07%+1,739New
Millennium Management LLC1,798$824.7K0.00%−9,037−83.4%Reduced
Mariner, LLC1,821$835.2K0.00%+271+17.5%Added
Baader Bank INC1,935$884.9K0.07%+1,935New
CIBC Bancorp USA Inc.1,983$909.5K0.01%+1,983New
Knott David M Jr2,000$917.3K0.38%00.0%Unchanged
Sigma Planning Corp2,000$917.3K0.03%+2,000New
D.A. Davidson & Co.2,071$949.9K0.01%+518+33.4%Added
Zurcher Kantonalbank (Zurich Cantonalbank)2,123$973.7K0.00%−11−0.5%Reduced
STRS Ohio2,200$1.01M0.00%+800+57.1%Added
Toroso Investments, LLC2,209$1.01M0.00%+2,209New
Fox Run Management, L.L.C.2,318$1.06M0.17%+2,318New
CWM, LLC2,360$1.08M0.00%−220−8.5%Reduced
Bellevue Group AG2,393$1.10M0.02%+1,293+117.5%Added
J. Safra Sarasin Holding AG2,397$1.10M0.02%−4,426−64.9%Reduced
Pathstone Holdings, LLC2,436$1.12M0.00%+2,436New
First National Trust Co2,476$1.14M0.04%−5,538−69.1%Reduced
Commonwealth Equity Services, LLC2,477$1.14M0.00%+630+34.1%Added
Strid Group, LLC2,500$1.15M0.15%00.0%Unchanged
FORA Capital, LLC2,503$1.15M0.20%+2,503New
Snowden Capital Advisors LLC2,510$1.15M0.03%+392+18.5%Added
Qube Research & Technologies Ltd2,588$1.19M0.00%−1,256−32.7%Reduced
Bamco Inc2,600$1.19M0.00%+2,600New
Quadrant Capital Group LLC2,605$1.19M0.04%00.0%Unchanged
Stifel Financial Corp2,609$1.20M0.00%−565−17.8%Reduced
Teachers Retirement System of the State of Kentucky2,872$1.32M0.01%+2,872New
Engineers Gate Manager LP2,934$1.35M0.02%−1,489−33.7%Reduced
KLP Kapitalforvaltning AS3,000$1.38M0.01%00.0%Unchanged
Allianz Asset Management GmbH3,100$1.42M0.00%+1,600+106.7%Added
Dana Investment Advisors, Inc.3,181$1.46M0.04%+298+10.3%Added
Farallon Capital Management, L.L.C.3,319$1.52M0.01%00.0%Unchanged
Ami Asset Management Corp3,426$1.57M0.09%−14−0.4%Reduced
Teacher Retirement System of Texas3,531$1.62M0.01%−329−8.5%Reduced
HighVista Strategies LLC3,537$1.62M0.40%+1,232+53.4%Added
Allworth Financial LP3,548$1.63M0.01%+14+0.4%Added
Cinctive Capital Management LP3,606$1.65M0.08%−1,162−24.4%Reduced
Newbridge Financial Services Group, Inc.3,642$1.67M0.25%+66+1.8%Added
Entropy Technologies, LP3,702$1.70M0.13%+1,800+94.6%Added
Cetera Investment Advisers3,726$1.71M0.00%+1,866+100.3%Added