LIGAND PHARMACEUTICALS INC

Ticker: LGND CUSIP: 53220K504 Class: Common Stock

ADVISORY RESEARCH INC's Holding History (CIK: 0000902584)

Note: Option positions (PUT/CALL) are excluded.

Q4 2018

Shares 3,697 Value ($000) $502 Avg Close $106.61 Range $79.98 - $173.81

Q3 2018

Shares 5,256 Value ($000) $1,443 Avg Close $150.76 Range $127.91 - $172.25

Q2 2018

Shares 9,183 Value ($000) $1,902 Avg Close $111.59 Range $93.09 - $132.56

Q1 2018

Shares 9,209 Value ($000) $1,521 Avg Close $98.89 Range $85.31 - $115.28

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2018	3,697	$502	$106.61	$79.98 - $173.81
Q3 2018	5,256	$1,443	$150.76	$127.91 - $172.25
Q2 2018	9,183	$1,902	$111.59	$93.09 - $132.56
Q1 2018	9,209	$1,521	$98.89	$85.31 - $115.28