Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

RIGEL PHARMACEUTICALS INC (RIGL)

186 + Investors. Track Smart Money conviction in RIGL. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +20
Streak
7Q ▲
Buyers last Q
57%

Smart Money Signals — RIGL

Based on 180 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 7 quarters in a row

last 6Q
For 7 consecutive quarters, more hedge funds added RIGL than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
180 hedge funds hold RIGL right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +62% more funds vs a year ago

fund count last 6Q
+69 new funds entered over the past year (+62% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 57% buying

110 buying84 selling
Last quarter: 110 funds bought or added vs 84 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~44 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 24 → 19 → 49 → 44. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 43% entered in last year

■ 4% conviction (2yr+) ■ 53% medium ■ 43% new
Only 7 funds (4%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
💰

Value +56% but shares only +3% — price-driven

Value
+56%
Shares
+3%
Last quarter: the total dollar value of institutional holdings rose +56%, but actual share count only changed +3%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
🚀

Acceleration phase — new buyers rushing in

36 → 24 → 19 → 49 → 44 new funds/Q
New funds entering each quarter: 24 → 19 → 49 → 44. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
📊

Mixed cohorts — 5% veterans, 53% new entrants

■ 5% veterans ■ 42% 1-2yr ■ 53% new
Of 186 current holders: 9 (5%) held 2+ years, 78 held 1–2 years, 99 (53%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
✅

Strong quality — 34% AUM from major funds

34% from top-100 AUM funds
36 of 180 holders rank in the top 100 by AUM, accounting for 34% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
5.0
out of 10
Moderate Exit Risk
Exit risk score 5.0/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Hedge Fund Ownership: RIGL

How many hedge funds hold RIGL — quarterly history vs. share price
Quarterly hedge fund ownership of RIGL vs. share price

Market Analysis: RIGL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: RIGL

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

30 top-rated funds 1 high-conviction
Consensus
6.5
/ 10
breadth
×
Elite
1.6
/ 10
conviction
Hedge Fund Positioning: RIGL
2026 Q1 Stats Unlock in 11 days 186 + Investors

Track Smart Money conviction in RIGL. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 186 165 12.73%
13F Shares 16M 16M 3.47%
Total Value $692M $443M 56.34%
New Positions 44 49 -5
Increased Positions 74 56 +18
Closed Positions 24 10 +14
Reduced Positions 70 48 +22
Total Calls 3 4 -25.0%
Total Puts 3 2 50.0%
PUT/CALL Ratio 1.0 0.5 Neutral

Statistics: RIGL

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q1)

186 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in RIGL. Verified SEC 13F-HR filings.

Top 25 institutional holders of RIGL — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 CM Management, LLC 5.31% 235,000 $6.4M
2 Watershed Asset Management, L.L.C. 0.46% 16,385 $443K
3 Range Financial Group LLC 0.36% 39,501 $1.1M
4 Inspire Investing, LLC 0.14% 63,891 $1.7M
5 Jackson Creek Investment Advisors LLC 0.09% 11,883 —
6 SIERRA SUMMIT ADVISORS LLC 0.08% 21,357 $577K
7 BURNEY CO/ 0.08% 91,683 $2.5M
8 NJ State Employees Deferred Compensation Plan 0.06% 20,000 $567K
9 RITHOLTZ WEALTH MANAGEMENT 0.04% 78,386 $2.1M
10 GSA CAPITAL PARTNERS LLP 0.02% 10,927 —
11 PROFUND ADVISORS LLC 0.02% 16,743 $453K
12 Y-Intercept (Hong Kong) Ltd 0.01% 28,803 $779K
13 LOS ANGELES CAPITAL MANAGEMENT LLC 0.01% 89,637 $2.4M
14 AlphaQuest LLC 0.01% 2,976 $127K
15 China Universal Asset Management Co., Ltd. 0.01% 3,221 $87K
16 BOKF, NA 0.01% 12,957 $350K
17 ALPS ADVISORS INC 0.00% 34,120 $923K
18 STRS OHIO 0.00% 22,700 $614K
19 Russell Investments Group, Ltd. 0.00% 75,070 $2.0M
20 Private Wealth Asset Management, LLC 0.00% 700 $19K
21 IFP Advisors, Inc 0.00% 2,916 $79K
22 Police & Firemen's Retirement System of New Jersey 0.00% 5,818 $157K
23 GAMMA Investing LLC 0.00% 937 $25K
24 VANGUARD FIDUCIARY TRUST CO 0.00% 124,012 $3.4M
25 PRINCIPAL FINANCIAL GROUP INC 0.00% 48,646 $1.3M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — RIGEL PHARMACEUTICALS INC (RIGL)

What does the Smart Money Trend signal show for RIGL?

Buying streak — 7 quarters in a row: For 7 consecutive quarters, more hedge funds added RIGL than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for RIGL?

Slight buying edge — 57% buying: Last quarter: 110 funds bought or added vs 84 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for RIGL holders?

Strong quality — 34% AUM from major funds: 36 of 180 holders rank in the top 100 by AUM, accounting for 34% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held RIGL?

Mostly new holders — 43% entered in last year: Only 7 funds (4%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.