Free · no sign-up · Q2 2026

Which funds own MDGL

Madrigal Pharmaceuticals Inc in the Q2 2026 filings. At least 4 of the 91 current managers on file reported a position, worth $1.3bn between them. It is among the largest positions of fewer than a fifth of the current managers on file. Buying and selling roughly cancelled this quarter, which is what a name looks like when the argument is still live.

Managers holding: 4; at least, of 91 current
Combined value: $1.3bn; as reported
Opened: 1; new this quarter
Added to: 1; already held
Trimmed or sold out: 3; 2 sold out entirely

Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.

Managers reporting a position

Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.

Manager	Value	Weight	Shares	Change on the quarter	Action
Janus Henderson Group Ltd Long-only · $245bn book	$1.0bn	0.4%	1,936,099	-$12m-82,548	Trimmed
Artisan Partners LP Long-only · $63.1bn book	$113m	0.2%	210,205	+$17m+26,665	Added
Holocene Advisors LP Long/short equity · $44.4bn book	$82m	0.2%	152,924	opened152,924	New
Woodline Partners LP Long/short equity · $32.4bn book	$68m	0.2%	125,899	+$1.7m0	Held

Sold out of this quarter

Valued at what the position was worth in the previous filing, because by this one it is gone.

Bridgewater Associates LP · Macro$2.1m held before
Farallon Capital Management LLC · Long/short equity$1.7m held before

Ownership through time

At least 11 of the 95 managers whose filings are on file listed MDGL in Q2 2026, against 1 in Q4 2016. 1 manager more than in Q1 2026: 3 started positions; 1 listed it again; 1 sold out, by its own filing; 2 no longer listed it among the positions read, which can mean a holding below the listed range, a filing that reported no holdings, or a filing not yet made.

Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.

Managers on file listing it

Their combined reported value

Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.

Started in Q2 2026

Holocene Advisors LP$82m
Balyasny Asset Management LLC$42m
Brevan Howard Capital Management LP$3.5m

Largest increases, by shares

Holocene Advisors LPnew: 152,924 shares+$82m
Wellington Management Group LLP694,958 to 825,714 shares+$70m
Balyasny Asset Management LLCnew: 79,011 shares+$42m
AllianceBernstein LP125,447 to 189,458 shares+$34m
Citadel Advisors LLC453,843 to 507,233 shares+$29m

Largest decreases, by shares

Point72 Asset Management LP225,510 to 137,029 shares-$48m
Janus Henderson Group Ltd2,018,647 to 1,936,099 shares-$44m

Left it

Farallon Capital Management LLCwas $1.7m

Manager	First listed	Largest	Q2 2026
Janus Henderson Group Ltd	Q4 2022	$1.1bn	$1.0bn
Wellington Management Group LLP	Q3 2025	$443m	$443m
Citadel Advisors LLC	Q1 2026	$272m	$272m
Artisan Partners LP	Q3 2020	$116m	$113m
AllianceBernstein LP	Q2 2020	$99m	$99m
Holocene Advisors LP	Q1 2025	$129m	$82m
Point72 Asset Management LP	Q4 2017	$118m	$74m
Woodline Partners LP	Q2 2022	$105m	$68m
Marshall Wace LLP	Q3 2018	$131m	$55m
Balyasny Asset Management LLC	Q3 2025	$42m	$42m
Brevan Howard Capital Management LP	Q4 2023	$3.5m	$3.5m
Capital Research Global Investors	Q1 2018	$383m	last listed Q2 2021
T. Rowe Price Associates Inc	Q1 2024	$241m	last listed Q1 2026
Renaissance Technologies LLC	Q1 2023	$55m	last listed Q1 2026
D. E. Shaw & Co.	Q4 2022	$45m	last listed Q4 2022
Farallon Capital Management LLC	Q4 2022	$44m	last listed Q1 2026
Squarepoint Ops LLC	Q4 2025	$44m	last listed Q4 2025
Capital World Investors	Q4 2016	$37m	last listed Q3 2018
Two Sigma Investments LP	Q2 2020	$21m	last listed Q1 2021
Steadfast Capital Management LP	Q3 2025	$16m	last listed Q4 2025
Voloridge Investment Management LLC	Q4 2018	$14m	last listed Q1 2023

What MDGL is worth

Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.

Build the comp set around MDGL →

How much of the picture this is

A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.

What to do with a name the funds are buying

Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.

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