Ligand Pharmaceuticals
      
      
        
          LGND
        
        
      
    
  
          LGND
        
        
      362 hedge funds and large institutions have $3.61B invested in Ligand Pharmaceuticals in 2018 Q4 according to their latest regulatory filings, with 63 funds opening new positions, 156 increasing their positions, 92 reducing their positions, and 84 closing their positions.
New
  Increased
  Maintained
  Reduced
  Closed
  more repeat investments, than reductions
Existing positions increased: | Existing positions reduced:
more ownership
Funds ownership: →
less funds holding
Funds holding: →
less first-time investments, than exits
New positions opened: | Existing positions closed:
28% less call options, than puts
Call options by funds: $106M | Put options by funds: $147M
40% less funds holding in top 10
Funds holding in top 10: 10 → 6 (-4)
46% less capital invested
Capital invested by funds: $6.66B → $3.61B (-$3.05B)
    
      Holders
    
  
  
    
      
        
      
        362
      
    
      
    
  
    
      Holding in Top 10
    
  
  
    
      
        
      
        6
      
    
      
    
  
    
      Calls
    
  
  
    
      
        
      
        $106M
      
    
      
    
  
    
      Puts
    
  
  
    
      
        
      
        $147M
      
    
      
    
  
Top Buyers
| 1 | +$98.6M | |
| 2 | +$61.2M | |
| 3 | +$35.9M | |
| 4 | 
      Jennison Associates
     
      
      
        New York
      
     | +$26.1M | 
| 5 | 
      Two Sigma Investments
     
      
      
        New York
      
     | +$25.8M | 
Top Sellers
| 1 | -$79.3M | |
| 2 | -$71.4M | |
| 3 | -$42.8M | |
| 4 |   
      Fidelity Investments
     
      
        Boston,
      
      
        Massachusetts
      
     | -$26.8M | 
| 5 | 
      Vanguard Group
     
      
        Malvern,
      
      
        Pennsylvania
      
     | -$21.8M |