LIGAND PHARMACEUTICALS INC

Ticker: LGND CUSIP: 53220K504 Class: Common Stock

AXIOM INVESTORS LLC /DE's Holding History (CIK: 0001109147)

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

Q4 2018

Shares 27,478 Value ($000) $3,729 Avg Close $106.61 Range $79.98 - $173.81

Q3 2018

Shares 24,952 Value ($000) $6,849 Avg Close $150.76 Range $127.91 - $172.25

Q2 2018

Shares 21,565 Value ($000) $4,468 Avg Close $111.59 Range $93.09 - $132.56

Q1 2018

Shares 21,366 Value ($000) $3,529 Avg Close $98.89 Range $85.31 - $115.28

Q3 2016

Shares 12,419 Value ($000) $1,267 Avg Close $73.42 Range $60.65 - $87.21

Q2 2016

Shares 44,775 Value ($000) $5,340 Avg Close $74.21 Range $66.08 - $82.25

Q1 2016

Shares 44,368 Value ($000) $4,751 Avg Close $60.78 Range $51.19 - $67.87

Q4 2015

Shares 26,904 Value ($000) $2,917 Avg Close $61.74 Range $50.61 - $71.12

Q2 2014

Shares 15,200 Value ($000) $947 Avg Close $40.58 Range $34.87 - $44.57

Q1 2014

Shares 37,100 Value ($000) $2,496 Avg Close $41.68 Range $31.65 - $50.17

Q4 2013

Shares 39,864 Value ($000) $2,097 Avg Close $32.58 Range $26.95 - $36.48

Q3 2013

Shares 35,300 Value ($000) $1,528 Avg Close $28.13 Range $22.97 - $31.72

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2018	27,478	$3,729	$106.61	$79.98 - $173.81
Q3 2018	24,952	$6,849	$150.76	$127.91 - $172.25
Q2 2018	21,565	$4,468	$111.59	$93.09 - $132.56
Q1 2018	21,366	$3,529	$98.89	$85.31 - $115.28
Q3 2016	12,419	$1,267	$73.42	$60.65 - $87.21
Q2 2016	44,775	$5,340	$74.21	$66.08 - $82.25
Q1 2016	44,368	$4,751	$60.78	$51.19 - $67.87
Q4 2015	26,904	$2,917	$61.74	$50.61 - $71.12
Q2 2014	15,200	$947	$40.58	$34.87 - $44.57
Q1 2014	37,100	$2,496	$41.68	$31.65 - $50.17
Q4 2013	39,864	$2,097	$32.58	$26.95 - $36.48
Q3 2013	35,300	$1,528	$28.13	$22.97 - $31.72