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Ligand Pharmaceuticals

203 hedge funds and large institutions have $1.95B invested in Ligand Pharmaceuticals in 2015 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 89 increasing their positions, 68 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

94% more call options, than puts

Call options by funds: $10.5M | Put options by funds: $5.41M

31% more repeat investments, than reductions

Existing positions increased: 89 | Existing positions reduced: 68

6% less funds holding

Funds holding: 215203 (-12)

12% less capital invested

Capital invested by funds: $2.23B → $1.95B (-$276M)

30% less first-time investments, than exits

New positions opened: 26 | Existing positions closed: 37

67% less funds holding in top 10

Funds holding in top 10: 62 (-4)

Holders
203
Holders Change
-12
Holders Change %
-5.58%
% of All Funds
5.67%
Holding in Top 10
2
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-66.67%
% of All Funds
0.06%
New
26
Increased
89
Reduced
68
Closed
37
Calls
$10.5M
Puts
$5.41M
Net Calls
+$5.06M
Net Calls Change
-$8.92M
Name Holding Trade Value Shares
Change
Change in
Stake
State Board of Administration of Florida Retirement System
101
State Board of Administration of Florida Retirement System
Florida
$1.59M
Comerica Bank
102
Comerica Bank
Texas
$1.56M -$1.74M -28,731 -50%
Morgan Stanley
103
Morgan Stanley
New York
$1.5M -$5.48M -90,254 -76%
SEI Investments
104
SEI Investments
Pennsylvania
$1.5M +$693K +11,423 +69%
ProShare Advisors
105
ProShare Advisors
Maryland
$1.47M -$106K -1,755 -6%
DIA
106
Dana Investment Advisors
Wisconsin
$1.47M -$355K -5,852 -18%
RI
107
Redwood Investments
Massachusetts
$1.36M -$1.85M -30,481 -55%
CAM
108
ClariVest Asset Management
California
$1.34M -$39K -642 -2%
PI
109
Putnam Investments
Massachusetts
$1.32M +$43.6K +718 +3%
TPSF
110
Texas Permanent School Fund
Texas
$1.28M -$28.2K -464 -2%
VRS
111
Virginia Retirement Systems
Virginia
$1.24M -$224K -3,686 -14%
QIM
112
Quantitative Investment Management
Virginia
$1.23M +$1.4M +23,083 New
Susquehanna International Group
113
Susquehanna International Group
Pennsylvania
$1.18M -$1.73M -28,509 -56%
AIG
114
American International Group
New York
$1.08M +$14.9K +246 +1%
GCP
115
GSA Capital Partners
United Kingdom
$1.08M -$622K -10,259 -34%
AQR Capital Management
116
AQR Capital Management
Connecticut
$1.08M +$491K +8,090 +67%
PNC Financial Services Group
117
PNC Financial Services Group
Pennsylvania
$1.07M +$23.5K +388 +2%
MLICM
118
Metropolitan Life Insurance Company (MetLife)
New York
$1.05M
SO
119
STRS Ohio
Ohio
$1M +$1.14M +18,755 New
WWM
120
Willingdon Wealth Management
North Carolina
$993K -$10.6K -175 -0.9%
NFA
121
Nationwide Fund Advisors
Ohio
$975K
CCM
122
Cadence Capital Management
Massachusetts
$953K -$2.42M -39,830 -69%
RJFSA
123
Raymond James Financial Services Advisors
Florida
$949K +$1.08M +17,766 New
WPC
124
White Pine Capital
Minnesota
$940K -$46.2K -761 -4%
VFA
125
Virtus Fund Advisers
Connecticut
$937K -$1.58M -26,038 -60%

LGND Hedge Fund Activity: Q3 2015 in Review

203 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Ligand Pharmaceuticals (LGND) for Q3 2015, worth a combined $1.95B — down 12% from $2.23B a quarter earlier.

Sellers outnumbered buyers: 37 funds closed out of LGND and 26 opened new positions — a net loss of 11 holders — while 68 trimmed existing stakes and 89 added.

The largest buyer was Oak Ridge Investments, adding an estimated $46.1M. The largest seller was William Blair & Company, cutting an estimated $130M.

  • 203 institutional investors held Ligand Pharmaceuticals (LGND) as of Q3 2015, down from 215 in Q2 2015.
  • Funds reported $1.95B of Ligand Pharmaceuticals stock for Q3 2015, down 12% quarter-over-quarter.
  • 26 funds opened new Ligand Pharmaceuticals positions in Q3 2015 and 37 closed out, a net change of -11 holders.
  • The largest Ligand Pharmaceuticals buyer in Q3 2015 was Oak Ridge Investments, an estimated $46.1M added.
  • The largest Ligand Pharmaceuticals seller in Q3 2015 was William Blair & Company, an estimated $130M sold.

Based on aggregated 13F filings for Q3 2015.