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Liquidia Corp

LQDA
Exchange
Nasdaq
Industry
Pharmaceutical Preparations
SEC CIK
0001819576

In the last 90 days, Liquidia Corp insiders filed 0 open-market purchases and 20 sales; 336 institutions reported holding it in 13F filings for Q2 2026, worth $5.78B in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in Liquidia Corp as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
227
+28 vs. Q3 2025
Shares held
61.9M
−2.71M (−4.2%) vs. Q3 2025
Total value
$2.13B
+$657.4M (+44.5%) vs. Q3 2025
New holders
61
70 more added
Sold out
33
72 more reduced

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting LQDA on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 227 institutions
Q1 2021: 56 institutionsQ2 2021: 52 institutionsQ3 2021: 41 institutionsQ4 2021: 46 institutionsQ1 2022: 65 institutionsQ2 2022: 80 institutionsQ3 2022: 89 institutionsQ4 2022: 85 institutionsQ1 2023: 92 institutionsQ2 2023: 102 institutionsQ3 2023: 102 institutionsQ4 2023: 116 institutionsQ1 2024: 139 institutionsQ2 2024: 137 institutionsQ3 2024: 154 institutionsQ4 2024: 165 institutionsQ1 2025: 169 institutionsQ2 2025: 178 institutionsQ3 2025: 199 institutionsQ4 2025: 227 institutionsQ1 2026: 244 institutionsQ2 2026: 336 institutions
Value heldQ4 2025: $2.13B
Q1 2021: $32.0MQ2 2021: $30.4MQ3 2021: $28.5MQ4 2021: $51.8MQ1 2022: $101.1MQ2 2022: $100.3MQ3 2022: $114.5MQ4 2022: $187.6MQ1 2023: $203.6MQ2 2023: $228.7MQ3 2023: $180.9MQ4 2023: $429.2MQ1 2024: $681.7MQ2 2024: $556.4MQ3 2024: $525.9MQ4 2024: $623.1MQ1 2025: $808.0MQ2 2025: $717.4MQ3 2025: $1.48BQ4 2025: $2.13BQ1 2026: $2.32BQ2 2026: $5.78B
Institutions holding LQDA and their total value by quarter
QuarterHoldersValue
Q2 2026336$5.78B
Q1 2026244$2.32B
Q4 2025227$2.13B
Q3 2025199$1.48B
Q2 2025178$717.4M
Q1 2025169$808.0M
Q4 2024165$623.1M
Q3 2024154$525.9M
Q2 2024137$556.4M
Q1 2024139$681.7M
Q4 2023116$429.2M
Q3 2023102$180.9M
Q2 2023102$228.7M
Q1 202392$203.6M
Q4 202285$187.6M
Q3 202289$114.5M
Q2 202280$100.3M
Q1 202265$101.1M
Q4 202146$51.8M
Q3 202141$28.5M
Q2 202152$30.4M
Q1 202156$32.0M

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Liquidia Corp; share changes are against Q3 2025.

Institutions holding LQDA in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Pale Fire Capital SE379,392$13.1M1.69%+138,671+57.6%Added
Jane Street Group, LLC417,638$14.4M0.02%−355,658−46.0%Reduced
Invesco Ltd.420,621$14.5M0.00%+341,009+428.3%Added
Prudential Financial Inc459,766$15.9M0.02%+436,211+1,851.9%Added
Morgan Stanley473,532$16.3M0.00%−533,175−53.0%Reduced
Federated Hermes, Inc.486,333$16.8M0.03%+165,736+51.7%Added
Eversept Partners, LP509,443$17.6M0.99%+23,422+4.8%Added
Voloridge Investment Management, LLC532,425$18.4M0.06%−20,406−3.7%Reduced
Northern Trust Corp560,829$19.3M0.00%−36,073−6.0%Reduced
Charles Schwab Investment Management Inc561,745$19.4M0.00%−860−0.2%Reduced
Boothbay Fund Management, LLC613,548$21.2M0.56%−82,646−11.9%Reduced
Buckley Capital Advisors, LLC649,386$22.4M19.48%+649,386New
Goldman Sachs Group Inc704,097$24.3M0.00%−2,078,188−74.7%Reduced
Citadel Advisors LLC800,196$27.6M0.02%+350,632+78.0%Added
MPM Oncology Impact Management LP1,400,869$48.3M5.53%+1,200,869+600.4%Added
Geode Capital Management, LLC1,620,811$55.9M0.00%+13,213+0.8%Added
D. E. Shaw & Co., Inc.1,667,382$57.5M0.04%+179,481+12.1%Added
TCG Crossover Management, LLC1,710,084$59.0M1.95%00.0%Unchanged
CAPROCK Group, Inc.1,783,921$61.5M1.30%+151,832+9.3%Added
State Street Corp1,808,859$62.4M0.00%−104,997−5.5%Reduced
Bank of America Corp1,927,420$66.5M0.00%+1,162,074+151.8%Added
Opaleye Management Inc.2,435,000$85.0M11.21%−180,000−6.9%Reduced
Findell Capital Management LLC2,851,449$98.3M32.68%+21,449+0.8%Added
Vanguard Group Inc4,013,888$138.4M0.00%+52,671+1.3%Added
BlackRock, Inc.5,488,363$189.3M0.00%+259,557+5.0%Added
Caligan Partners LP8,118,892$280.0M25.63%00.0%Unchanged
Farallon Capital Management, L.L.C.8,656,038$298.5M1.55%+90,400+1.1%Added
Tang Capital Management LLC0$00.00%−1,143,759−100.0%Sold out
LB Partners LLC0$00.00%−200,000−100.0%Sold out
Divisadero Street Capital Management, LP0$00.00%−158,004−100.0%Sold out
Harbert Fund Advisors, Inc.0$00.00%−154,811−100.0%Sold out
Knott David M Jr0$00.00%−107,783−100.0%Sold out
Qube Research & Technologies Ltd0$00.00%−93,959−100.0%Sold out
Brevan Howard Capital Management LP0$00.00%−77,580−100.0%Sold out
ExodusPoint Capital Management, LP0$00.00%−51,375−100.0%Sold out
Rangeley Capital, LLC0$00.00%−51,000−100.0%Sold out
Soleus Capital Management, L.P.0$00.00%−50,000−100.0%Sold out
Shay Capital LLC0$00.00%−44,500−100.0%Sold out
Mark Asset Management LP0$00.00%−43,756−100.0%Sold out
Hudson Bay Capital Management LP0$00.00%−30,180−100.0%Sold out
Virtu Financial LLC0$00.00%−26,794−100.0%Sold out
J. Goldman & Co LP0$00.00%−24,179−100.0%Sold out
Fox Run Management, L.L.C.0$00.00%−22,325−100.0%Sold out
Kovitz Investment Group Partners, LLC0$00.00%−21,000−100.0%Sold out
Graham Capital Management, L.P.0$00.00%−20,536−100.0%Sold out
Numerai GP LLC0$00.00%−12,646−100.0%Sold out
111 Capital0$00.00%−11,240−100.0%Sold out
Aigen Investment Management, LP0$00.00%−10,608−100.0%Sold out
Scientech Research LLC0$00.00%−10,443−100.0%Sold out
Bayesian Capital Management, LP0$00.00%−10,400−100.0%Sold out
One68 Global Capital, LLC0$00.00%−10,000−100.0%Sold out
STRS Ohio0$00.00%−9,500−100.0%Sold out
Picton Mahoney Asset Management0$00.00%−3,630−100.0%Sold out
GWM Advisors LLC0$00.00%−2,000−100.0%Sold out
FNY Investment Advisers, LLC0$00.00%−1,500−100.0%Sold out
Skandinaviska Enskilda Banken AB (publ)0$00.00%−1,317−100.0%Sold out
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main0$00.00%−893−100.0%Sold out
Caitong International Asset Management Co., Ltd0$00.00%−740−100.0%Sold out
Rockefeller Capital Management L.P.0$00.00%−130−100.0%Sold out
Financial Consulate, Inc0$00.00%−10−100.0%Sold out