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Ligand Pharmaceuticals

215 hedge funds and large institutions have $2.23B invested in Ligand Pharmaceuticals in 2015 Q2 according to their latest regulatory filings, with 50 funds opening new positions, 59 increasing their positions, 89 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

146% more call options, than puts

Call options by funds: $23.5M | Put options by funds: $9.54M

138% more first-time investments, than exits

New positions opened: 50 | Existing positions closed: 21

29% more capital invested

Capital invested by funds: $1.73B → $2.23B (+$496M)

15% more funds holding

Funds holding: 187215 (+28)

34% less repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 89

40% less funds holding in top 10

Funds holding in top 10: 106 (-4)

Holders
215
Holders Change
+28
Holders Change %
+14.97%
% of All Funds
5.79%
Holding in Top 10
6
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-40%
% of All Funds
0.16%
New
50
Increased
59
Reduced
89
Closed
21
Calls
$23.5M
Puts
$9.54M
Net Calls
+$14M
Net Calls Change
+$14.2M
Name Holding Trade Value Shares
Change
Change in
Stake
William Blair & Company
1
William Blair & Company
Illinois
$148M +$1.02M +18,707 +0.8%
Vanguard Group
2
Vanguard Group
Pennsylvania
$132M +$25.8M +472,712 +29%
BFA
3
BlackRock Fund Advisors
California
$129M -$4.82M -88,374 -4%
DMK
4
David M. Knott
$126M
Fidelity Investments
5
Fidelity Investments
Massachusetts
$103M +$345K +6,316 +0.4%
CCMLC
6
Cardinal Capital Management LLC (Connecticut)
Connecticut
$101M -$3.27M -59,906 -4%
RIM
7
RS Investment Management
California
$99.2M -$17.9M -327,878 -17%
Invesco
8
Invesco
Georgia
$95.6M -$18M -330,271 -18%
Bank of New York Mellon
9
Bank of New York Mellon
New York
$61.3M +$19.7M +361,467 +59%
State Street
10
State Street
Massachusetts
$61M -$3.73M -68,303 -7%
Dimensional Fund Advisors
11
Dimensional Fund Advisors
Texas
$55.6M +$2.81M +51,476 +6%
BIT
12
BlackRock Institutional Trust
California
$52.2M -$4.7M -86,165 -9%
Bank of America
13
Bank of America
North Carolina
$51M -$3.08M -56,505 -7%
ORI
14
Oak Ridge Investments
Illinois
$48.9M +$2.94M +53,960 +7%
T. Rowe Price Associates
15
T. Rowe Price Associates
Maryland
$46.7M +$32.1M +588,301 +382%
Northern Trust
16
Northern Trust
Illinois
$45.6M +$1.86M +34,158 +5%
SIMG
17
Stephens Investment Management Group
Texas
$43M -$2.37M -43,457 -6%
KI
18
Kalmar Investments
Delaware
$35.7M -$7.1M -130,116 -19%
GIM
19
Granahan Investment Management
Massachusetts
$35.3M +$18.6M +340,317 +155%
Ameriprise
20
Ameriprise
Minnesota
$35.1M +$1.35M +24,779 +5%
RFC
21
Russell Frank Company
Washington
$32.9M -$4.03M -73,890 -12%
CCA
22
Conestoga Capital Advisors
Pennsylvania
$32.3M -$466K -8,544 -2%
Deutsche Bank
23
Deutsche Bank
Germany
$31.5M -$151K -2,766 -0.5%
Allianz Asset Management
24
Allianz Asset Management
Germany
$26.8M -$8.15M -149,366 -26%
CM
25
Castleark Management
Illinois
$22.1M +$5.84M +107,033 +44%

LGND Hedge Fund Activity: Q2 2015 in Review

215 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Ligand Pharmaceuticals (LGND) for Q2 2015, worth a combined $2.23B — up 29% from $1.73B a quarter earlier.

Buyers outnumbered sellers: 50 funds opened new LGND positions and 21 closed out — a net gain of 29 holders — while 59 added to existing stakes and 89 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $32.1M. The largest seller was Goldman Sachs, cutting an estimated $24.1M.

  • 215 institutional investors held Ligand Pharmaceuticals (LGND) as of Q2 2015, up from 187 in Q1 2015.
  • Funds reported $2.23B of Ligand Pharmaceuticals stock for Q2 2015, up 29% quarter-over-quarter.
  • 50 funds opened new Ligand Pharmaceuticals positions in Q2 2015 and 21 closed out, a net change of +29 holders.
  • The largest Ligand Pharmaceuticals buyer in Q2 2015 was T. Rowe Price Associates, an estimated $32.1M added.
  • The largest Ligand Pharmaceuticals seller in Q2 2015 was Goldman Sachs, an estimated $24.1M sold.

Based on aggregated 13F filings for Q2 2015.