| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| BlackRock, Inc. | 14% | -6.9% | $502,945,206 | -$18,898,723 | 2,839,251 | -3.6% | BlackRock, Inc. | 30 Sep 2025 |
| JANUS HENDERSON GROUP PLC | 5.3% | -3.3% | $184,646,839 | -$3,251,582 | 1,042,378 | -1.7% | JANUS HENDERSON GROUP PLC | 30 Sep 2025 |
As of 31 Dec 2025, 344 institutional investors reported holding 20,534,700 shares of LIGAND PHARMACEUTICALS INC - Common Stock (LGND). This represents 104% of the company’s total 19,667,509 outstanding shares.
The largest institutional shareholders of LIGAND PHARMACEUTICALS INC - Common Stock (LGND) together control 77% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| BlackRock, Inc. | 15% | 2,940,231 | +1.9% | 0.01% | $555,909,475 |
| VANGUARD GROUP INC | 11% | 2,073,892 | -0.12% | 0.01% | $392,110,761 |
| JANUS HENDERSON GROUP PLC | 5.1% | 995,400 | -4.5% | 0.08% | $188,199,064 |
| STATE STREET CORP | 3.8% | 751,205 | +0.25% | 0% | $142,030,329 |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | 3.3% | 644,093 | 0% | 0.18% | $121,779,000 |
| FMR LLC | 2.9% | 579,155 | +27% | 0.01% | $109,500,870 |
| Chicago Capital, LLC | 2.9% | 561,423 | -1.3% | 2.6% | $106,148,307 |
| Invesco Ltd. | 2.6% | 516,464 | +37% | 0.01% | $97,647,849 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 2.6% | 507,019 | -6.4% | 0.03% | $95,862,082 |
| Stephens Investment Management Group LLC | 2.5% | 501,040 | -9.6% | 1.2% | $94,731,633 |
| FRANKLIN RESOURCES INC | 2.5% | 496,160 | +116% | 0.02% | $93,808,984 |
| GEODE CAPITAL MANAGEMENT, LLC | 2.5% | 493,589 | +4.1% | 0.01% | $93,336,090 |
| CONGRESS ASSET MANAGEMENT CO | 2.4% | 480,063 | -28% | 0.64% | $90,765,511 |
| DIMENSIONAL FUND ADVISORS LP | 2.2% | 432,992 | -17% | 0.02% | $81,867,024 |
| GOLDMAN SACHS GROUP INC | 2.2% | 429,004 | +17% | 0.01% | $81,111,786 |
| LOOMIS SAYLES & CO L P | 1.9% | 382,677 | -4.5% | 0.09% | $72,352,740 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 1.8% | 363,584 | -3.5% | 0.01% | $68,742,827 |
| DEUTSCHE BANK AG\ | 1.6% | 307,871 | +0.11% | 0.02% | $58,209,169 |
| RICE HALL JAMES & ASSOCIATES, LLC | 1.4% | 279,627 | -5% | 2.9% | $52,869,077 |
| Ranger Investment Management, L.P. | 1.4% | 269,983 | -1.9% | 3.5% | $51,045,686 |
| VICTORY CAPITAL MANAGEMENT INC | 1.3% | 256,410 | +0.63% | 0.03% | $48,479,439 |
| NORTHERN TRUST CORP | 1.3% | 250,640 | -5.8% | 0.01% | $47,388,504 |
| ASHFORD CAPITAL MANAGEMENT INC | 1.1% | 213,778 | -13% | 4.5% | $40,419,006 |
| Private Capital Management, LLC | 1.1% | 208,891 | -8% | 3.7% | $39,495,021 |
| VILLERE ST DENIS J & CO LLC | 1% | 202,452 | -28% | 3.8% | $38,277,599 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 20,534,700 | $3,882,194,830 | -$109,050,902 | $189.07 | 344 |
| 2025 Q3 | 20,501,821 | $3,631,336,857 | +$254,065,498 | $177.14 | 310 |
| 2025 Q2 | 19,192,378 | $2,181,883,515 | +$57,084,248 | $113.68 | 268 |
| 2025 Q1 | 18,695,299 | $1,968,273,762 | +$46,599,577 | $105.14 | 258 |
| 2024 Q4 | 18,236,878 | $1,954,099,547 | +$14,647,324 | $107.15 | 255 |
| 2024 Q3 | 18,111,561 | $1,812,508,826 | +$78,053,426 | $100.09 | 239 |
| 2024 Q2 | 17,257,543 | $1,454,006,662 | +$80,527,643 | $84.26 | 231 |
| 2024 Q1 | 16,498,593 | $1,205,830,157 | +$33,853,892 | $73.10 | 220 |
| 2023 Q4 | 16,143,355 | $1,152,971,286 | +$28,617,779 | $71.42 | 207 |
| 2023 Q3 | 15,788,358 | $946,166,941 | +$7,782,713 | $59.92 | 194 |
| 2023 Q2 | 15,574,833 | $1,123,051,822 | +$43,367,440 | $72.10 | 202 |
| 2023 Q1 | 14,933,765 | $1,098,173,916 | +$24,759,078 | $73.56 | 208 |
| 2022 Q4 | 14,719,986 | $983,617,158 | -$15,487,378 | $66.80 | 194 |
| 2022 Q3 | 14,858,763 | $1,279,578,932 | -$9,219,791 | $86.11 | 196 |
| 2022 Q2 | 14,931,494 | $1,332,246,388 | -$60,732,119 | $89.22 | 183 |
| 2022 Q1 | 15,633,927 | $1,758,540,556 | -$96,543,968 | $112.49 | 191 |
| 2021 Q4 | 16,269,930 | $2,512,534,392 | -$20,671,000 | $154.46 | 213 |
| 2021 Q3 | 16,404,211 | $2,285,781,890 | +$72,094,291 | $139.32 | 203 |
| 2021 Q2 | 15,890,032 | $2,084,646,847 | +$57,293,258 | $131.19 | 208 |
| 2021 Q1 | 15,419,613 | $2,350,478,943 | -$1,007,217,320 | $152.45 | 220 |
| 2020 Q4 | 22,774,344 | $2,264,990,431 | -$7,636,839 | $99.45 | 232 |
| 2020 Q3 | 22,870,335 | $2,179,670,768 | +$68,808,132 | $95.32 | 248 |
| 2020 Q2 | 22,068,878 | $2,469,185,512 | -$52,085,687 | $111.85 | 253 |
| 2020 Q1 | 22,949,296 | $1,668,870,325 | -$13,474,819 | $72.72 | 250 |
| 2019 Q4 | 22,707,169 | $2,367,774,479 | -$63,568,223 | $104.29 | 254 |
| 2019 Q3 | 23,329,173 | $2,322,526,072 | -$161,550,967 | $99.54 | 264 |
| 2019 Q2 | 24,903,753 | $2,842,785,020 | -$64,705,528 | $114.15 | 298 |
| 2019 Q1 | 25,878,742 | $3,253,329,789 | -$121,262,596 | $125.71 | 321 |
| 2018 Q4 | 26,775,885 | $3,634,288,900 | +$251,858,628 | $135.70 | 352 |
| 2018 Q3 | 24,242,593 | $6,644,377,277 | -$319,791,347 | $274.49 | 371 |
| 2018 Q2 | 25,588,124 | $5,300,261,339 | +$188,038,650 | $207.17 | 341 |
| 2018 Q1 | 24,694,615 | $4,066,273,214 | +$62,218,325 | $165.16 | 318 |
| 2017 Q4 | 24,690,717 | $3,382,790,289 | -$24,826,404 | $136.93 | 295 |
| 2017 Q3 | 24,620,963 | $3,353,105,420 | -$39,757,045 | $136.15 | 289 |
| 2017 Q2 | 25,028,255 | $3,037,941,085 | +$88,080,338 | $121.40 | 260 |
| 2017 Q1 | 24,696,327 | $2,613,964,301 | +$250,433,013 | $105.84 | 250 |
| 2016 Q4 | 24,768,649 | $2,516,965,895 | +$4,668,529 | $101.61 | 264 |
| 2016 Q3 | 24,798,327 | $2,528,981,361 | +$83,729,768 | $102.06 | 255 |
| 2016 Q2 | 24,659,334 | $2,940,759,320 | -$22,582,125 | $119.27 | 263 |
| 2016 Q1 | 24,517,182 | $2,627,029,783 | +$143,212,248 | $107.09 | 248 |
| 2015 Q4 | 23,159,223 | $2,510,580,368 | +$42,986,460 | $108.42 | 231 |
| 2015 Q3 | 22,765,909 | $1,949,890,985 | -$18,461,450 | $85.65 | 201 |
| 2015 Q2 | 21,591,797 | $2,178,594,586 | -$68,365,938 | $100.90 | 213 |
| 2015 Q1 | 22,391,502 | $1,726,588,185 | +$78,884,093 | $77.11 | 185 |
| 2014 Q4 | 21,661,358 | $1,152,510,317 | -$4,356,736 | $53.21 | 178 |
| 2014 Q3 | 21,713,346 | $1,020,171,713 | +$29,265,071 | $46.99 | 173 |
| 2014 Q2 | 20,612,275 | $1,283,931,088 | -$4,282,796 | $62.29 | 191 |
| 2014 Q1 | 20,823,191 | $1,400,767,580 | +$26,286,594 | $67.26 | 182 |