RIGEL PHARMACEUTICALS INC RIGL
COM · Common Stock · CUSIP 766559702 · ISIN US7665597024
- SectorHealth care
- IndustryPharmaceutical Preparations
- HeadquartersSouth San Francisco, CA
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($149.3k this quarter). Holder counts are more reliable. Shares outstanding: 18.2m as of 2025-10-30, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $42.78. Options: 5 managers hold calls ($7.7m notional), 5 hold puts ($1.8m).
Trends to Q4 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q2 2024 | 84 |
| Q3 2024 | 90 |
| Q4 2024 | 117 |
| Q1 2025 | 119 |
| Q2 2025 | 123 |
| Q3 2025 | 164 |
| Q4 2025 | 184 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 50 | 39 |
| Q4 2024 | 72 | 30 |
| Q1 2025 | 63 | 55 |
| Q2 2025 | 61 | 52 |
| Q3 2025 | 101 | 53 |
| Q4 2025 | 107 | 88 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $643.5k | $348.0k | 0.54 |
| Q2 2025 | $975.1k | $1.9k | 0.00 |
| Q3 2025 | $2.4m | $1.9m | 0.77 |
| Q4 2025 | $7.7m | $1.8m | 0.24 |
Biggest buyers
| STATE STREET CORP | Added | +536.9k |
| LSV ASSET MANAGEMENT | Added | +433.4k |
| MILLENNIUM MANAGEMENT LLC | Added | +326.2k |
| AMERICAN CENTURY COMPANIES INC | New | +254.5k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +227.3k |
| Nuveen, LLC | Added | +125.4k |
| D. E. Shaw & Co., Inc. | Added | +117.8k |
| ARMISTICE CAPITAL, LLC | Added | +112.0k |
| CITADEL ADVISORS LLC | Added | +99.0k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC | Added | +95.6k |
Biggest sellers
| Capitolis Liquid Global Markets LLC | Sold out | -591.6k |
| JANUS HENDERSON GROUP PLC | Reduced | -194.5k |
| ACADIAN ASSET MANAGEMENT LLC | Reduced | -192.1k |
| Beacon Harbor Wealth Advisors, Inc. | Sold out | -152.1k |
| Connor, Clark & Lunn Investment Management Ltd. | Reduced | -120.4k |
| Squarepoint Ops LLC | Reduced | -119.1k |
| Qube Research & Technologies Ltd | Reduced | -72.7k |
| GOLDMAN SACHS GROUP INC | Reduced | -65.2k |
| BlackRock, Inc. | Reduced | -60.7k |
| UBS Group AG | Reduced | -54.2k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $4.0m94.2k shares |
| CITADEL ADVISORS LLC | Added | $2.0m46.6k shares |
| JANE STREET GROUP, LLC | Added | $1.3m31.1k shares |
| SIMPLEX TRADING, LLC | Added | $184.2k4.3k shares |
| GROUP ONE TRADING LLC | Reduced | $145.6k3.4k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.1m25.2k shares |
| CITADEL ADVISORS LLC | Reduced | $432.6k10.1k shares |
| JANE STREET GROUP, LLC | New | $252.7k5.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $68.5k1.6k shares |
| GROUP ONE TRADING LLC | Reduced | $4.3k100 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| Soleus Capital Master Fund, L.P. 13G · passive investor +4.7 pts · filed 2026-08-13 | 9.9% |
| ARMISTICE CAPITAL, LLC 13G · institution +2.0 pts · filed 2026-08-14 | 8.9% |
| BlackRock, Inc. 13G · institution -2.2 pts · filed 2025-04-17 | 7.7% |
| STATE STREET CORP 13G · institution new · filed 2026-02-09 | 6.0% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27)
Insider purchases and sales in Q4 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2024 | 0 | — | 3 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 4 | $424.2k | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
None reported in Q4 2025.
Holders, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 1.7m $71.3m | Reduced -60.7k |
| STATE STREET CORP 0.00% of their portfolio | 1.1m $46.7m | Added +536.9k |
| VANGUARD GROUP INC 0.00% of their portfolio | 1.0m $44.5m | Reduced -4.7k |
| ARMISTICE CAPITAL, LLC 0.88% of their portfolio | 836.0k $35.8m | Added +112.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 671.9k $28.8m | Reduced -65.2k |
| MARSHALL WACE, LLP 0.03% of their portfolio | 613.6k $26.3m | Added +12.3k |
| LSV ASSET MANAGEMENT 0.05% of their portfolio | 544.3k $23.3m | Added +433.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.04% of their portfolio | 539.0k $23.1m | Added +64.8k |
| ACADIAN ASSET MANAGEMENT LLC 0.03% of their portfolio | 493.6k $21.1m | Reduced -192.1k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 431.5k $18.5m | Added +326.2k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 424.3k $18.2m | Added +117.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 424.3k $18.2m | Added +591 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 413.7k $17.7m | Added +227.3k |
| Soleus Capital Management, L.P. 0.55% of their portfolio | 300.0k $12.9m | Reduced -30.0k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 288.3k $12.3m | Reduced -72.7k |
| Hillsdale Investment Management Inc. 0.33% of their portfolio | 282.6k $12.1m | Reduced -1.8k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 276.8k $11.9m | Added +67.4k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 275.9k $11.8m | Reduced -46.0k |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 271.2k $11.6m | Added +50.9k |
| Nuveen, LLC 0.00% of their portfolio | 258.9k $11.1m | Added +125.4k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 254.5k $10.9m | New |
| CM Management, LLC 8.12% of their portfolio | 225.0k $9.6m | Unchanged |
| GLOBEFLEX CAPITAL L P 1.43% of their portfolio | 217.8k $9.3m | Added +209 |
| Trexquant Investment LP 0.08% of their portfolio | 197.1k $8.4m | Added +30.0k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 185.4k $7.9m | Added +99.0k |
| MORGAN STANLEY 0.00% of their portfolio | 166.5k $7.1m | Added +20.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 148.6k $6.4m | Reduced -31.2k |
| PRUDENTIAL FINANCIAL INC 0.01% of their portfolio | 135.4k $5.8m | Reduced -29.9k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 129.0k $5.5m | Reduced -8.7k |
| ZACKS INVESTMENT MANAGEMENT 0.04% of their portfolio | 119.1k $5.1m | Reduced -9.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 117.0k $5.0m | Added +41.5k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 109.7k $4.7m | Added +53.1k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 108.3k $4.6m | Added +10.4k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.03% of their portfolio | 108.0k $4.6m | Added +95.6k |
| Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio | 108.0k $4.6m | Reduced -120.4k |
| RITHOLTZ WEALTH MANAGEMENT 0.06% of their portfolio | 80.6k $3.5m | Added +73.0k |
| Empire Financial Management Company, LLC 0.71% of their portfolio | 76.4k $3.3m | Reduced -13.1k |
| BARCLAYS PLC 0.00% of their portfolio | 75.4k $3.2m | Added +24.3k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 73.8k $3.2m | Reduced -44.1k |
| Brandywine Global Investment Management, LLC 0.02% of their portfolio | 71.6k $3.1m | Reduced -2.6k |
| Opaleye Management Inc. 0.40% of their portfolio | 70.0k $3.0m | Added +32.2k |
| FMR LLC 0.00% of their portfolio | 67.8k $2.9m | Added +8.8k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 66.1k $2.1m | Reduced -3.0k |
| Pacer Advisors, Inc. 0.01% of their portfolio | 65.5k $2.8m | Reduced -12.0k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 64.8k $2.8m | Added +7.2k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 62.0k $2.7m | Added +1.2k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio | 61.0k $2.6m | Reduced -10.8k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 57.0k $2.4m | Reduced -4.8k |
| Man Group plc 0.00% of their portfolio | 56.7k $2.4m | Added +33.9k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio | 55.2k $2.4m | New |
| Squarepoint Ops LLC 0.00% of their portfolio | 53.6k $2.3m | Reduced -119.1k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio | 53.0k $2.3m | Reduced -1.8k |
| HUSSMAN STRATEGIC ADVISORS, INC. 0.54% of their portfolio | 52.5k $2.2m | New |
| Hennion & Walsh Asset Management, Inc. 0.08% of their portfolio | 52.2k $2.2m | New |
| Woodline Partners LP 0.01% of their portfolio | 50.0k $2.1m | New |
| UBS Group AG 0.00% of their portfolio | 46.4k $2.0m | Reduced -54.2k |
| Range Financial Group LLC 0.68% of their portfolio | 45.9k $2.0m | Added +561 |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.01% of their portfolio | 44.5k $1.9m | Reduced -6.3k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 43.8k $1.9m | Added +236 |
| Rafferty Asset Management, LLC 0.01% of their portfolio | 43.1k $1.8m | Added +29.4k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 41.0k $1.8m | Added +4.4k |
| SEGALL BRYANT & HAMILL, LLC 0.02% of their portfolio | 37.3k $1.6m | Added +1.3k |
| Ruffer LLP 0.07% of their portfolio | 37.2k $1.6m | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 37.0k $1.6m | Reduced -32.9k |
| JANUS HENDERSON GROUP PLC 0.00% of their portfolio | 36.2k $1.6m | Reduced -194.5k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% of their portfolio | 35.0k $1.5m | New |
| Invesco Ltd. 0.00% of their portfolio | 34.9k $1.5m | Added +6.8k |
| DIADEMA PARTNERS LP 0.77% of their portfolio | 30.0k $1.3m | New |
| CREDIT AGRICOLE S A 0.00% of their portfolio | 28.8k $1.2m | New |
| Y-Intercept (Hong Kong) Ltd 0.03% of their portfolio | 28.3k $1.2m | Added +4.4k |
| ALPS ADVISORS INC 0.01% of their portfolio | 27.0k $1.2m | Added +6.6k |
| Informed Momentum Co LLC 0.13% of their portfolio | 27.0k $1.2m | Reduced -8.9k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 26.8k $1.1m | Reduced -33.2k |
| Wakefield Asset Management LLLP 0.30% of their portfolio | 25.7k $1.1m | New |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 24.9k $1.1m | Added +14.3k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio | 24.2k $1.0m | New |
| MACKENZIE FINANCIAL CORP 0.00% of their portfolio | 23.7k $1.0m | Reduced -5.6k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 23.0k $983.0k | Reduced -3.5k |
| SIERRA SUMMIT ADVISORS LLC 0.15% of their portfolio | 22.4k $959.4k | Reduced -7.8k |
| Graham Capital Management, L.P. 0.03% of their portfolio | 21.0k $898.0k | Reduced -2.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 20.8k $891.0k | Added +6.4k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 18.9k $809.2k | Reduced -14.2k |
| Engineers Gate Manager LP 0.01% of their portfolio | 18.2k $780.9k | Reduced -7.8k |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 16.2k $693.8k | Added +7.9k |
| PROFUND ADVISORS LLC 0.02% of their portfolio | 15.9k $680.1k | New |
| Brevan Howard Capital Management LP 0.01% of their portfolio | 15.5k $665.7k | New |
| STRS OHIO 0.00% of their portfolio | 15.4k $659.6k | Reduced -2.7k |
| WINTON GROUP Ltd 0.02% of their portfolio | 15.3k $654.7k | Added +4.2k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 14.7k $627.7k | Added +570 |
| SG Americas Securities, LLC 0.00% of their portfolio | 12.8k $547.0k | Added +5.8k |
| Virtu Financial LLC 0.02% of their portfolio | 12.6k $541.0k | Reduced -7.3k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 12.5k $536.2k | Reduced -9.9k |
| XTX Topco Ltd 0.01% of their portfolio | 12.5k $534.0k | Reduced -1.4k |
| Quantinno Capital Management LP 0.00% of their portfolio | 12.4k $530.7k | Added +1.6k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 12.0k $512.2k | Reduced -12.0k |
| Jackson Creek Investment Advisors LLC 0.15% of their portfolio | 11.9k $509.0k | Reduced -169 |
| Quadrature Capital Ltd 0.01% of their portfolio | 11.8k $506.3k | New |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 11.4k $487.4k | Reduced -18.5k |
| AVIVA PLC 0.00% of their portfolio | 11.2k $479.7k | Reduced -2.5k |
| HighTower Advisors, LLC 0.00% of their portfolio | 11.1k $474.9k | New |