LIGAND PHARMACEUTICALS INC (LGND) — Institutional Holders, Q2 2026

418 institutional investment managers reported a LGND position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $7.1B. Every filer is listed below, ranked by position value, 100 per page; this page shows ranks 1 to 100. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.

← LGND stock profile

LGND in Q2 2026: what funds did

Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.

New positions

Added to

149

Trimmed

112

Sold out

Biggest buyers

Invesco Ltd.Added · +378,040 sh+$119.5M
Neuberger Berman GroupNew · +248,355 sh+$78.5M
FRANKLIN RESOURCESAdded · +178,867 sh+$56.5M
FMRAdded · +166,700 sh+$52.7M
CONGRESS ASSET MANAGEMENTAdded · +155,274 sh+$49.1M

Biggest sellers

BANK OF MONTREALTrimmed · -63,865 sh-$20.2M
LOOMIS SAYLES & L PTrimmed · -61,404 sh-$19.4M
Fiera CapitalTrimmed · -57,964 sh-$18.3M
GOLDMAN SACHS GROUPTrimmed · -57,866 sh-$18.3M
Pictet Asset Management Holding SATrimmed · -57,682 sh-$18.2M

LGND 13F holders ranked 1–100 of 418

Institutional investors reporting a position in LIGAND PHARMACEUTICALS INC on SEC Form 13F-HR for Q2 2026, ranked by reported value.
#	Institution	Shares	Value	% of portfolio	QoQShares vs Q1 2026
1	BlackRock#1 · 3,100,996 sh	3,100,996	$980.2M	0.01%	+4.7%
2	Invesco Ltd.#2 · 1,201,644 sh	1,201,644	$379.8M	0.03%	+45.9%
3	VANGUARD PORTFOLIO MANAGEMENT#3 · 1,138,316 sh	1,138,316	$359.8M	0.02%	+3.5%
4	Jupiter Topco#4 · 1,040,578 sh	1,040,578	$328.9M	0.13%	—
5	VANGUARD CAPITAL MANAGEMENT#5 · 870,950 sh	870,950	$275.3M	<0.01%	+2.7%
6	STATE STREET#6 · 826,539 sh	826,539	$261.3M	<0.01%	+6.1%
7	FMR#7 · 762,827 sh	762,827	$241.1M	0.01%	+28.0%
8	FRANKLIN RESOURCES#8 · 752,044 sh	752,044	$237.7M	0.05%	+31.2%
9	CONGRESS ASSET MANAGEMENT#9 · 659,911 sh	659,911	$208.6M	—	+30.8%
10	GEODE CAPITAL MANAGEMENT#10 · 589,020 sh	589,020	$186.2M	<0.01%	+5.4%
11	NOMURA ASSET MANAGEMENT INTERNATIONAL#11 · 568,371 sh	568,371	$179.7M	0.27%	-0.9%
12	Chicago Capital#12 · 553,435 sh	553,435	$174.9M	—	-1.5%
13	Stephens Investment Management Group#13 · 475,609 sh	475,609	$150.3M	1.61%	-3.9%
14	DIMENSIONAL FUND ADVISORS#14 · 429,314 sh	429,314	$135.7M	0.02%	+1.0%
15	MASSACHUSETTS FINANCIAL SERVICES#15 · 375,762 sh	375,762	$118.8M	0.04%	-8.7%
16	GOLDMAN SACHS GROUP#16 · 323,245 sh	323,245	$102.2M	<0.01%	-15.2%
17	LOOMIS SAYLES & L P#17 · 291,805 sh	291,805	$92.2M	0.12%	-17.4%
18	RICE HALL JAMES & ASSOCIATES#18 · 270,052 sh	270,052	$85.4M	4.15%	-4.8%
19	Ranger Investment Management, L.P.#19 · 257,596 sh	257,596	$81.4M	5.15%	-3.9%
20	NORTHERN#20 · 257,389 sh	257,389	$81.4M	<0.01%	+1.3%
21	VICTORY CAPITAL MANAGEMENT#21 · 253,764 sh	253,764	$80.2M	0.04%	-16.3%
22	DEUTSCHE BANK AG\#22 · 249,611 sh	249,611	$78.9M	0.02%	-18.5%
23	Neuberger Berman Group#23 · 248,355 sh	248,355	$78.5M	0.05%	New
24	GW&K Investment Management#24 · 246,883 sh	246,883	$78.0M	0.61%	+65.1%
25	UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AME#25 · 210,427 sh	210,427	$66.5M	0.01%	-1.2%
26	MORGAN STANLEY#26 · 200,699 sh	200,699	$63.4M	<0.01%	+20.0%
27	NEXT CENTURY GROWTH INVESTORS#27 · 198,542 sh	198,542	$62.8M	3.33%	+107.1%
28	CHARLES SCHWAB INVESTMENT MANAGEMENT#28 · 193,238 sh	193,238	$61.1M	<0.01%	+5.7%
29	abrdn plc#29 · 172,480 sh	172,480	$54.5M	0.08%	+91.6%
30	BANK OF AMERICA#30 · 170,349 sh	170,349	$53.8M	<0.01%	+7.9%
31	ASHFORD CAPITAL MANAGEMENT#31 · 170,236 sh	170,236	$53.8M	5.77%	-18.0%
32	Private Capital Management#32 · 166,016 sh	166,016	$52.5M	4.62%	-17.6%
33	VILLERE ST DENIS J#33 · 155,506 sh	155,506	$49.2M	5.87%	-17.7%
34	Granahan Investment Management#34 · 147,231 sh	147,231	$46.5M	1.66%	+509.3%
35	VANGUARD FIDUCIARY#35 · 142,926 sh	142,926	$45.2M	<0.01%	+11.7%
36	BESSEMER GROUP#36 · 141,449 sh	141,449	$44.7M	0.06%	+31.1%
37	NEW YORK STATE COMMON RETIREMENT FUND#37 · 137,258 sh	137,258	$43.4M	0.05%	+14.5%
38	Bank of New York Mellon#38 · 131,068 sh	131,068	$41.4M	<0.01%	+9.8%
39	Impax Asset Management Group plc#39 · 130,000 sh	130,000	$41.1M	0.27%	-14.7%
40	VOYA INVESTMENT MANAGEMENT#40 · 127,071 sh	127,071	$40.2M	0.03%	+3686.4%
41	UBS Group AG#41 · 124,674 sh	124,674	$39.4M	<0.01%	+19.2%
42	Fisher Asset Management#42 · 121,440 sh	121,440	$38.4M	0.01%	-5.1%
43	Russell Investments Group, Ltd.#43 · 120,304 sh	120,304	$38.0M	0.03%	-0.7%
44	ROYAL BANK OF CANADA#44 · 119,073 sh	119,073	$37.6M	<0.01%	+6.8%
45	DRIEHAUS CAPITAL MANAGEMENT#45 · 118,497 sh	118,497	$37.5M	0.22%	+0.3%
46	Penn Capital Management Company#46 · 100,337 sh	100,337	$31.7M	2.01%	+5.1%
47	Legal & General Group Plc#47 · 98,746 sh	98,746	$31.2M	<0.01%	+1.1%
48	PRINCIPAL FINANCIAL GROUP#48 · 97,971 sh	97,971	$31.0M	0.02%	+2.4%
49	BNP PARIBAS FINANCIAL MARKETS#49 · 94,072 sh	94,072	$29.7M	0.01%	+169.4%
50	PRICE T ROWE ASSOCIATES#50 · 91,478 sh	91,478	$28.9M	<0.01%	+282.7%
51	FIRST ADVISORS#51 · 90,893 sh	90,893	$28.7M	0.02%	+13.0%
52	OSAIC#52 · 90,236 sh	90,236	$28.5M	0.03%	+55.2%
53	SEI INVESTMENTS#53 · 89,672 sh	89,672	$28.3M	0.03%	+19.3%
54	Fiera Capital#54 · 77,348 sh	77,348	$24.4M	0.09%	-42.8%
55	AMERIPRISE FINANCIAL#55 · 76,197 sh	76,197	$24.1M	<0.01%	-1.4%
56	JPMORGAN CHASE#56 · 73,052 sh	73,052	$23.2M	<0.01%	-15.3%
57	PUBLIC SECTOR PENSION INVESTMENT BOARD#57 · 68,888 sh	68,888	$21.8M	0.06%	-2.1%
58	CITIGROUP#58 · 66,639 sh	66,639	$21.1M	<0.01%	+208.6%
59	CASTLEARK MANAGEMENT#59 · 62,043 sh	62,043	$19.6M	0.53%	+27.4%
60	NOMURA#60 · 61,938 sh	61,938	$19.6M	0.02%	-45.8%
61	Dana Investment Advisors#61 · 57,520 sh	57,520	$18.2M	0.47%	-16.9%
62	WELLS FARGO & COMPANY#62 · 57,288 sh	57,288	$18.1M	<0.01%	-32.5%
63	D. E. Shaw#63 · 56,515 sh	56,515	$17.9M	<0.01%	-27.9%
64	PRUDENTIAL FINANCIAL#64 · 54,623 sh	54,623	$17.3M	0.02%	-14.8%
65	Granite Investment Partners#65 · 54,128 sh	54,128	$17.1M	0.88%	0.0%
66	Allspring Global Investments#66 · 51,948 sh	51,948	$16.2M	0.02%	-1.3%
67	NORDEA INVESTMENT MANAGEMENT AB#67 · 49,943 sh	49,943	$15.9M	0.01%	-1.9%
68	RHUMBLINE ADVISERS#68 · 50,125 sh	50,125	$15.8M	0.01%	-11.8%
69	Emerald Investment Advisers#69 · 46,921 sh	46,921	$14.8M	0.99%	+6.1%
70	Nuveen#70 · 46,647 sh	46,647	$14.7M	<0.01%	+9.3%
71	SUSQUEHANNA ADVISORS GROUP#71 · 44,600 sh	44,600	$14.1M	0.25%	New
72	KORNITZER CAPITAL MANAGEMENT#72 · 44,532 sh	44,532	$14.1M	0.29%	-26.2%
73	WCM INVESTMENT MANAGEMENT#73 · 44,570 sh	44,570	$14.0M	0.03%	-0.2%
74	ESSEX INVESTMENT MANAGEMENT#74 · 43,567 sh	43,567	$13.8M	—	-25.5%
75	ENVESTNET ASSET MANAGEMENT#75 · 40,350 sh	40,350	$12.8M	<0.01%	+16.7%
76	Pembroke Management, LTD#76 · 40,277 sh	40,277	$12.7M	—	New
77	Swiss National Bank#77 · 39,000 sh	39,000	$12.3M	<0.01%	+0.3%
78	ARISTEIA CAPITAL, L.L.C.#78 · 37,250 sh	37,250	$11.8M	0.15%	New
79	STIFEL FINANCIAL#79 · 36,833 sh	36,833	$11.6M	<0.01%	+11.6%
80	CAPTRUST FINANCIAL ADVISORS#80 · 34,607 sh	34,607	$10.9M	0.02%	+15.7%
81	Uniplan Investment Counsel#81 · 34,249 sh	34,249	$10.8M	1.02%	-14.8%
82	Universal- Beteiligungs- und Servicegesellschaft mbH#82 · 33,851 sh	33,851	$10.7M	0.02%	+34.1%
83	KENNEDY CAPITAL MANAGEMENT#83 · 33,353 sh	33,353	$10.5M	0.19%	New
84	Clark Capital Management Group#84 · 32,948 sh	32,948	$10.4M	0.06%	-63.5%
85	MOODY ALDRICH PARTNERS#85 · 28,160 sh	28,160	$8.9M	1.60%	+91.9%
86	LINDEN ADVISORS#86 · 27,426 sh	27,426	$8.7M	0.04%	New
87	Hodges Capital Management#87 · 23,444 sh	23,444	$7.4M	0.49%	New
88	Squarepoint Ops#88 · 22,800 sh	22,800	$7.2M	<0.01%	+256.6%
89	Calamos Advisors#89 · 22,435 sh	22,435	$7.1M	0.02%	+7.6%
90	BANK OF MONTREAL#90 · 22,318 sh	22,318	$7.1M	<0.01%	-74.1%
91	NEW YORK STATE TEACHERS RETIREMENT SYSTEM#91 · 20,950 sh	20,950	$6.6M	—	-14.5%
92	ISTHMUS PARTNERS#92 · 20,935 sh	20,935	$6.6M	—	-13.0%
93	Moran Wealth Management#93 · 19,790 sh	19,790	$6.3M	—	+2.5%
94	LAZARD ASSET MANAGEMENT#94 · 19,659 sh	19,659	$6.2M	<0.01%	New
95	Informed Momentum#95 · 19,498 sh	19,498	$6.2M	0.55%	New
96	TD Waterhouse Canada#96 · 19,625 sh	19,625	$6.1M	—	New
97	PALISADE CAPITAL MANAGEMENT#97 · 19,057 sh	19,057	$6.0M	0.26%	-7.2%
98	TWO SIGMA INVESTMENTS#98 · 18,825 sh	18,825	$6.0M	<0.01%	New
99	Lisanti Capital Growth#99 · 18,747 sh	18,747	$5.9M	1.30%	-51.4%
100	VANGUARD ASSET MANAGEMENT, Ltd#100 · 18,659 sh	18,659	$5.9M	<0.01%	+7.0%

Funds that sold out of LGND in Q2 2026 (35)

Held LGND at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.

Institutions that held LGND in Q1 2026 and reported no position in Q2 2026.
Institution	Shares sold	Value in Q1 2026
Qube Research & Technologies Ltd47,659 sh	47,659	$9.5M
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP14,564 sh	14,564	$2.9M
JANE STREET GROUP12,906 sh	12,906	$2.6M
VOLORIDGE INVESTMENT MANAGEMENT12,543 sh	12,543	$2.5M
Walleye Capital10,333 sh	10,333	$2.1M
Ishara Investments8,200 sh	8,200	$1.6M
MARSHALL WACE, LLP7,505 sh	7,505	$1.5M
LEUCADIA NATIONAL7,315 sh	7,315	$1.5M
SEGALL BRYANT & HAMILL6,045 sh	6,045	$1.3M
CITADEL ADVISORS6,596 sh	6,596	$1.3M
Man Group plc5,644 sh	5,644	$1.1M
Sigma Planning4,500 sh	4,500	$898.4K
Freestone Grove Partners2,817 sh	2,817	$562.4K
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO2,685 sh	2,685	$536.1K
RFG Advisory2,544 sh	2,544	$507.9K
Cynosure Management2,085 sh	2,085	$416.3K
Virtu Financial2,049 sh	2,049	$409.0K
Blackstone1,412 sh	1,412	$281.9K
XTX Topco Ltd1,237 sh	1,237	$247.0K
SCOTIA CAPITAL1,164 sh	1,164	$232.4K
Inspire Advisors1,161 sh	1,161	$231.8K
PRINCIPAL SECURITIES1,010 sh	1,010	$201.6K
Quarry1,010 sh	1,010	$201.6K
Opal Wealth Advisors241 sh	241	$48.1K
Sound Income Strategies98 sh	98	$19.6K
TWIN PEAKS WEALTH ADVISORS73 sh	73	$14.6K
Advisory Services Network42 sh	42	$8.4K
Scarborough Advisors33 sh	33	$6.6K
Root Financial Partners19 sh	19	$3.8K
PICTON MAHONEY ASSET MANAGEMENT11 sh	11	$2.2K
Raleigh Capital Management11 sh	11	$2.2K
Annis Gardner Whiting Capital Advisors4 sh	4	$799.00
Bell Investment Advisors3 sh	3	$599.00
Vermillion Wealth Management2 sh	2	$399.00
Elequin Securities13 sh	13	—

Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.