Skip to main content

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 2025

Institutional positions in Madrigal 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
387
+44 vs. Q3 2025
Shares held
23.6M
+230.2K (+1.0%) vs. Q3 2025
Total value
$13.7B
+$3.02B (+28.2%) vs. Q3 2025
New holders
85
137 more added
Sold out
41
113 more reduced

9 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 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 2025: 387 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 2025: $13.7B
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, Q4 2025

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

Institutions holding MDGL in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Virtus ETF Advisers LLC360$209.6K0.10%+360New
Sectoral Asset Management Inc352$205.0K0.16%−378−51.8%Reduced
Destination Wealth Management350$203.8K0.01%+350New
Covestor Ltd309$180.0K0.09%+268+653.7%Added
The PNC Financial Services Group, Inc.277$161.3K0.00%+15+5.7%Added
Parallel Advisors, LLC251$146.2K0.00%−8−3.1%Reduced
Pinnacle Wealth Planning Services, Inc.233$135.7K0.01%+233New
Umb Bank N A230$133.9K0.00%00.0%Unchanged
Walleye Trading LLC214$124.6K0.00%+214New
Danske Bank A/S200$116.5K0.00%+200New
Jones Financial Companies LLLP199$115.9K0.00%00.0%Unchanged
Montag A & Associates Inc194$113.0K0.01%00.0%Unchanged
Smartleaf Asset Management LLC187$109.2K0.00%+63+50.8%Added
Valley National Advisers Inc161$93.0K0.01%+122+312.8%Added
Torren Management, LLC155$90.3K0.05%+155New
Farther Finance Advisors, LLC140$81.5K0.00%+36+34.6%Added
GAMMA Investing LLC138$80.4K0.00%+48+53.3%Added
Sterling Capital Management LLC122$71.0K0.00%+77+171.1%Added
Signaturefd, LLC115$67.0K0.00%00.0%Unchanged
SageView Advisory Group, LLC112$65.2K0.00%+112New
Accent Capital Management, LLC94$54.7K0.02%+37+64.9%Added
Eastern Bank86$50.1K0.00%+21+32.3%Added
Global Retirement Partners, LLC82$47.8K0.00%+8+10.8%Added
CoreCap Advisors, LLC82$47.8K0.00%+14+20.6%Added
PEAK6 LLC77$44.9K0.00%+77New
Walleye Capital LLC69$40.2K0.00%+69New
Daiwa Securities Group Inc.68$40.0K0.00%−2−2.9%Reduced
Optiver Holding B.V.68$39.6K0.00%−68−50.0%Reduced
First Horizon Corp68$39.6K0.00%−7−9.3%Reduced
MAI Capital Management67$39.0K0.00%+61+1,016.7%Added
Kemnay Advisory Services Inc.67$39.0K0.01%+67New
Aventura Private Wealth, LLC62$36.1K0.01%00.0%Unchanged
SBI Securities Co., Ltd.61$35.5K0.00%−12−16.4%Reduced
Quarry LP55$32.0K0.01%−31−36.0%Reduced
McIlrath & Eck, LLC52$30.3K0.00%00.0%Unchanged
CIBC Private Wealth Group, LLC52$30.3K0.00%+1+2.0%Added
Flagship Harbor Advisors, LLC50$29.1K0.00%+50New
NBC Securities, Inc.48$28.0K0.00%00.0%Unchanged
Basecamp Wealth Advisors LLC43$25.0K0.01%+43New
City Holding Co40$23.3K0.00%+40New
Quattro Advisors LLC31$18.1K0.01%+31New
Rakuten Securities, Inc.30$17.5K0.01%00.0%Unchanged
Leonteq Securities AG29$16.9K0.00%−27−48.2%Reduced
Huntington National Bank29$16.9K0.00%−1−3.3%Reduced
Bradley & Co. Private Wealth Management, LLC27$15.7K0.01%00.0%Unchanged
SRS Capital Advisors, Inc.27$15.7K0.00%+12+80.0%Added
Bessemer Group Inc24$14.0K0.00%+19+380.0%Added
Compagnie Lombard Odier SCmA24$14.0K0.00%−80−76.9%Reduced
Rothschild Investment LLC24$14.0K0.00%00.0%Unchanged
Contravisory Investment Management, Inc.23$13.4K0.00%+23New
MV Capital Management, Inc.22$12.8K0.00%00.0%Unchanged
Sound Income Strategies, LLC25$12.5K0.00%+25New
Steward Partners Investment Advisory, LLC21$12.2K0.00%+9+75.0%Added
Larson Financial Group LLC17$9.90K0.00%+2+13.3%Added
Harbor Investment Advisory, LLC14$8.15K0.00%+14New
Vermillion & White Wealth Management Group, LLC14$8.15K0.00%00.0%Unchanged
Aster Capital Management (DIFC) Ltd11$6.41K0.00%−74−87.1%Reduced
Motiv8 Investments LLC10$6.00K0.00%+10New
Parkside Financial Bank & Trust10$5.82K0.00%00.0%Unchanged
Massmutual Trust Co FSB10$5.82K0.00%00.0%Unchanged
Keating Financial Advisory Services, Inc.10$5.82K0.00%+10New
Cape Investment Advisory, Inc.9$5.24K0.00%00.0%Unchanged
Whittier Trust Co of Nevada Inc9$5.02K0.00%00.0%Unchanged
Bell Investment Advisors, Inc8$4.66K0.00%+3+60.0%Added
Meeder Asset Management Inc7$4.08K0.00%00.0%Unchanged
Signature Resources Capital Management, LLC7$4.08K0.00%00.0%Unchanged
Webster Bank, N. A.6$3.49K0.00%00.0%Unchanged
Brown Brothers Harriman & Co5$2.91K0.00%00.0%Unchanged
Zions Bancorporation, National Association5$2.91K0.00%+5New
EverSource Wealth Advisors, LLC5$2.91K0.00%+1+25.0%Added
Retirement Wealth Solutions LLC4$2.33K0.00%00.0%Unchanged
Atlantic Union Bankshares Corp4$2.33K0.00%+4New
Park Place Capital Corp4$2.33K0.00%00.0%Unchanged
Cary Street Partner Investment Advisory LLC4$2.33K0.00%+4New
Cornerstone Financial Management LLC4$2.33K0.00%+4New
UMA Financial Services, Inc.3$1.75K0.00%+2+200.0%Added
South State Corp.2$1.17K0.00%00.0%Unchanged
Caitlin John, LLC2$1.17K0.00%00.0%Unchanged
Hughes Financial Services, LLC2$1.17K0.00%+2New
CX Institutional2$1.00K0.00%+2New
Marquette Asset Management, LLC1$5830.00%−2−66.7%Reduced
SJS Investment Consulting Inc.1$5830.00%+1New
Rachor Investment Advisory Services, LLC1$5830.00%+1New
TD Capital Management LLC1$5820.00%00.0%Unchanged
Bogart Wealth, LLC1$5820.00%00.0%Unchanged
Fortitude Family Office, LLC1$5820.00%00.0%Unchanged
Avion Wealth1$00.00%+1New
Balyasny Asset Management LLC0$00.00%−82,401−100.0%Sold out
EcoR1 Capital, LLC0$00.00%−75,000−100.0%Sold out
Iron Triangle Partners LP0$00.00%−58,378−100.0%Sold out
Ally Bridge Group (NY) LLC0$00.00%−32,662−100.0%Sold out
Macquarie Group Ltd0$00.00%−13,493−100.0%Sold out
University of Wisconsin Foundation0$00.00%−13,007−100.0%Sold out
Qube Research & Technologies Ltd0$00.00%−2,588−100.0%Sold out
First National Trust Co0$00.00%−2,476−100.0%Sold out
Fox Run Management, L.L.C.0$00.00%−2,318−100.0%Sold out
Toroso Investments, LLC0$00.00%−2,209−100.0%Sold out
Sigma Planning Corp0$00.00%−2,000−100.0%Sold out
Gsa Capital Partners LLP0$00.00%−1,739−100.0%Sold out
R Squared Ltd0$00.00%−1,619−100.0%Sold out