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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
RIM
1
RS Investment Management
California
$118M +$38.5M +635,221 +40%
William Blair Investment Management
2
William Blair Investment Management
Illinois
$116M +$132M +2,168,195 New
BFA
3
BlackRock Fund Advisors
California
$116M +$7.26M +119,664 +6%
Vanguard Group
4
Vanguard Group
Pennsylvania
$114M +$2.07M +34,070 +2%
DMK
5
David M. Knott
$103M -$4.86M -80,150 -4%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$89.1M +$2.01M +33,070 +2%
ORI
7
Oak Ridge Investments
Illinois
$82.1M +$46.1M +759,294 +98%
Invesco
8
Invesco
Georgia
$77.9M -$3.68M -60,648 -4%
CCMLC
9
Cardinal Capital Management LLC (Connecticut)
Connecticut
$75.3M -$12.3M -202,313 -13%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$52.4M +$435K +7,163 +0.7%
State Street
11
State Street
Massachusetts
$50.6M -$1.37M -22,645 -2%
Dimensional Fund Advisors
12
Dimensional Fund Advisors
Texas
$47.9M +$827K +13,627 +2%
BIT
13
BlackRock Institutional Trust
California
$40.7M -$4.15M -68,369 -8%
T. Rowe Price Associates
14
T. Rowe Price Associates
Maryland
$39.8M +$165K +2,725 +0.4%
Northern Trust
15
Northern Trust
Illinois
$35.8M -$3.25M -53,596 -7%
SIMG
16
Stephens Investment Management Group
Texas
$34M -$2.78M -45,793 -7%
Deutsche Bank
17
Deutsche Bank
Germany
$33.9M +$8.13M +133,909 +27%
GIM
18
Granahan Investment Management
Massachusetts
$33.5M +$4.03M +66,364 +12%
RFC
19
Russell Frank Company
Washington
$31.8M +$4.37M +72,010 +14%
Bank of America
20
Bank of America
North Carolina
$28.9M -$16.4M -270,511 -33%
Ameriprise
21
Ameriprise
Minnesota
$27.5M -$2.59M -42,727 -8%
CCA
22
Conestoga Capital Advisors
Pennsylvania
$26.4M -$1.11M -18,260 -4%
KI
23
Kalmar Investments
Delaware
$26.1M -$4.72M -77,726 -14%
Macquarie Group
24
Macquarie Group
Australia
$22M +$3.78M +62,236 +18%
JHIU
25
Janus Henderson Investors US
Colorado
$20.3M +$3.58M +58,958 +18%

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.