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LGND in the 13F filings

Ligand Pharmaceuticals Inc · CUSIP 53220K504

Sector · Pharmaceuticals and biotechnologyTheme · Healthcare: biopharma and medtech· L3VLUP-definedTheme · Pharmaceutical preparations
Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 22 Jan 2026
Managers listing it
21
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 3 listed it in both
Shares listed
2,779,727
combined, among listed positions
Reported value
$526m
combined, at the quarter end

Among the 92 comparable managers: 14 buyers (opened or added shares) and 10 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +135,313.

Managers listing LGND in Q4 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q3 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

21 of 21 holders

ActionFiling
Janus Henderson Group Ltd995,400$188m0.08%Trimmed-46,97817 Feb 2026 (the filing on sec.gov)
Fidelity (FMR LLC)579,155$110munder 0.1%Added+121,92417 Feb 2026 (the filing on sec.gov)
Invesco Ltd516,464$98munder 0.1%Added+138,16919 Feb 2026 (the filing on sec.gov)
MFS Investment Management507,019$96munder 0.1%Trimmed-34,82622 Jan 2026 (the filing on sec.gov)
D. E. Shaw & Co.36,551$6.9munder 0.1%Added+19,03717 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP24,171$4.6munder 0.1%Added+1,91817 Feb 2026 (the filing on sec.gov)
Arrowstreet Capital LP20,036$3.8munder 0.1%Newnew13 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc19,992$3.8munder 0.1%Added+1,07717 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC15,962$3.0munder 0.1%Trimmed-35,89712 Feb 2026 (the filing on sec.gov)
Caxton Associates LLP14,508$2.7m0.05%Held013 Feb 2026 (the filing on sec.gov)
Voloridge Investment Management LLC12,038$2.3munder 0.1%Added+3,44217 Feb 2026 (the filing on sec.gov)
Wellington Management Group LLP8,426$1.6munder 0.1%Added+11017 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP5,409$1.0munder 0.1%Trimmed-3,39817 Feb 2026 (the filing on sec.gov)
AQR Capital Management LLC5,158$975kunder 0.1%Added+57417 Feb 2026 (the filing on sec.gov)
Quantbot Technologies LP4,644$878kunder 0.1%Newnew10 Feb 2026 (the filing on sec.gov)
Bridgewater Associates LP4,207$795kunder 0.1%Added+2,91913 Feb 2026 (the filing on sec.gov)
Man Group PLC3,450$652kunder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Freestone Grove Partners LP2,867$542kunder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC2,066$391kunder 0.1%Trimmed-11,24617 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC1,271$240kunder 0.1%Trimmed-5127 Oct 2026 (the filing on sec.gov)
Acadian Asset Management LLC933$176kunder 0.1%Newnew10 Feb 2026 (the filing on sec.gov)

Largest increases and reductions, by shares

Q3 2025 to Q4 2025, among managers that listed it in both quarters or opened it.

Increases

Reductions

New positions and exits

At least these many: a manager is shown exiting only where its own filing shows the position gone.

New (5)

Exited (4)

Ownership over time

Every quarter on file. A quarter-end value moves with the price as well as with the shares held; buyers and sellers count comparable managers, by shares.
1 in Q3 2024 to 5 in Q2 2026

Tracked managers listing it, at least.

0510152014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
LGND by quarter
QuarterHoldersReported valueBuyersSellers
Q3 20131$506kn.a.n.a.
Q1 20141$3.2mn.a.n.a.
Q3 20141$9.1mn.a.n.a.
Q4 20141$5.1mn.a.n.a.
Q2 20152$2.8mn.a.n.a.
Q3 20152$2.2mn.a.n.a.
Q4 20151$5.9mn.a.n.a.
Q1 20161$7.5mn.a.n.a.
Q2 20163$26mn.a.n.a.
Q3 20162$1.2mn.a.n.a.
Q2 20171$72mn.a.n.a.
Q3 20172$105mn.a.n.a.
Q4 20171$125mn.a.n.a.
Q1 20189$289mn.a.n.a.
Q2 201810$400mn.a.n.a.
Q3 20188$544mn.a.n.a.
Q4 201811$513mn.a.n.a.
Q1 20197$438mn.a.n.a.
Q2 20197$397mn.a.n.a.
Q3 20195$315mn.a.n.a.
Q4 20198$371mn.a.n.a.
Q1 20209$195mn.a.n.a.
Q2 20205$221mn.a.n.a.
Q3 20204$189mn.a.n.a.
Q4 20202$169mn.a.n.a.
Q1 20212$204mn.a.n.a.
Q2 20211$189mn.a.n.a.
Q3 20211$204mn.a.n.a.
Q4 20211$223mn.a.n.a.
Q1 20221$156mn.a.n.a.
Q2 20221$124mn.a.n.a.
Q3 20221$109mn.a.n.a.
Q4 20221$84mn.a.n.a.
Q1 20231$93mn.a.n.a.
Q2 20231$97mn.a.n.a.
Q3 20231$80mn.a.n.a.
Q4 20232$97m20
Q1 20241$74m02
Q2 20241$85m10
Q3 20241$101m10
Q4 20241$109m10
Q1 20251$111m10
Q2 20251$121m10
Q3 20253$283m21
Q4 20253$287m1410
Q1 20263$288m168
Q2 20265$908m1212

Compare with…

Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.

LGND and LLY →LGND and JNJ →LGND and VRTX →Choose a stock to compare with LGND →

How much of the picture this is

A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.

Which funds own LGND, latest filings →Back to the 13F Explorer →