LIGAND PHARMACEUTICALS INC

Ticker: LGND CUSIP: 53220K504 Class: Common Stock

Graham Capital Management, L.P.'s Holding History (CIK: 0001315421)

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

Q1 2025

Shares 6,052 Value ($000) $636 Avg Close $113.09 Range $102.79 - $125.17

Q4 2024

Shares 4,998 Value ($000) $536 Avg Close $113.04 Range $97.78 - $129.90

Q2 2024

Shares 6,040 Value ($000) $509 Avg Close $79.57 Range $67.72 - $88.73

Q1 2024

Shares 4,857 Value ($000) $355 Avg Close $73.72 Range $67.53 - $94.57

Q4 2022

Shares 5,876 Value ($000) $393 Avg Close $65.02 Range $52.61 - $83.95

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2025	6,052	$636	$113.09	$102.79 - $125.17
Q4 2024	4,998	$536	$113.04	$97.78 - $129.90
Q2 2024	6,040	$509	$79.57	$67.72 - $88.73
Q1 2024	4,857	$355	$73.72	$67.53 - $94.57
Q4 2022	5,876	$393	$65.02	$52.61 - $83.95