Ligand Pharmaceuticals
      
      
        
          LGND
        
        
      
    
  
          LGND
        
        
      241 hedge funds and large institutions have $2.27B invested in Ligand Pharmaceuticals in 2020 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 80 increasing their positions, 94 reducing their positions, and 40 closing their positions.
New
  Increased
  Maintained
  Reduced
  Closed
  more capital invested
Capital invested by funds: $ → $
less ownership
Funds ownership: →
less funds holding
Funds holding: →
less repeat investments, than reductions
Existing positions increased: | Existing positions reduced:
23% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 40
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
81% less call options, than puts
Call options by funds: $33.1M | Put options by funds: $173M
    
      Holders
    
  
  
    
      
        
      
        241
      
    
      
    
  
    
      Holding in Top 10
    
  
  
    
      
        
      
        2
      
    
      
    
  
    
      Calls
    
  
  
    
      
        
      
        $33.1M
      
    
      
    
  
    
      Puts
    
  
  
    
      
        
      
        $173M
      
    
      
    
  
Top Buyers
| 1 | +$19.3M | |
| 2 | +$17.1M | |
| 3 | +$16.4M | |
| 4 | 
    CCMLC
   
      Cardinal Capital Management LLC (Connecticut)
     
      
        Greenwich,
      
      
        Connecticut
      
     | +$14.6M | 
| 5 | 
      William Blair Investment Management
     
      
        Chicago,
      
      
        Illinois
      
     | +$14.5M | 
Top Sellers
| 1 | -$25.1M | |
| 2 | -$16.9M | |
| 3 | -$15.2M | |
| 4 | 
      Citadel Advisors
     
      
        Miami,
      
      
        Florida
      
     | -$12.8M | 
| 5 | 
      Two Sigma Advisers
     
      
      
        New York
      
     | -$11.3M |