LiquidiaLQDA

13F holders, Q4 2025 (December 31)
227holders +28
48new positions
33sold out
6famous investors
$34.49avg. 13F price*

At the end of Q4 2025, 227 institutions reported holding Liquidia Corp. (LQDA) in their 13F filings, up 28 from Q3 2025. 48 opened new positions and 33 sold out. The largest holders were Farallon Capital Management, L.L.C. ($298.5M), Caligan Partners LP ($280.0M) and BlackRock, Inc. ($189.3M). 6 famous investors held it, including David E. Shaw (0.0% of D. E. Shaw & Co.'s portfolio), Ken Griffin (0.0% of Citadel Advisors's portfolio) and Paul Tudor Jones (0.0% of Tudor Investment Corporation's portfolio).

Company
Liquidia Corp.
CUSIP
53635D202
Latest filing quarter
Q2 2026

History

Number of 13F holders

0100200300400 Q1 2024: 139Q1 2024Q2 2024: 137Q2 2024Q3 2024: 154Q3 2024Q4 2024: 164Q4 2024Q1 2025: 168Q1 2025Q2 2025: 177Q2 2025Q3 2025: 199Q3 2025Q4 2025: 227Q4 2025Q1 2026: 244Q1 2026Q2 2026: 336Q2 2026

Total Exit/New Position Q3 2025 → Q4 2025

InstitutionsTotal Value
New Positions48$48.9M
Exits33$54.7M

All 13F filers, Q3 2025 → Q4 2025: 7,237,774 shares bought and 11,090,775 shares sold, net −3,853,001 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 227 holders

Farallon Capital Management, L.L.C. 1.55% Add +1.1% 8,656,038 $298.5M
Caligan Partners LP 25.63% No change 8,118,892 $280.0M
BlackRock, Inc. 0.00% Add +5.0% 5,488,363 $189.3M
Vanguard Group Inc. 0.00% Add +1.3% 4,013,888 $138.4M
Findell Capital Management LLC 32.68% Add +0.8% 2,851,449 $98.3M
Opaleye Management Inc. 11.21% Reduce -6.9% 2,435,000 $85.0M
Bank of America Corp. 0.00% Add +151.8% 1,927,420 $66.5M
State Street Corp. 0.00% Reduce -5.5% 1,808,859 $62.4M
Caprock Group, LLC 1.30% Add +9.3% 1,783,921 $61.5M
TCG Crossover Management, LLC 1.95% No change 1,710,084 $59.0M
D. E. Shaw & Co. 0.05% Add +12.1% 1,667,382 $57.5M
Geode Capital Management, LLC 0.00% Add +0.8% 1,620,811 $55.9M
MPM Bioimpact LLC 5.53% Add +600.4% 1,400,869 $48.3M
Citadel Advisors 0.02% Add +78.0% 800,196 $27.6M
Goldman Sachs Group Inc. 0.00% Reduce -74.7% 704,097 $24.3M
Buckley Capital Advisors, LLC 19.48% — 649,386 $22.4M
Boothbay Fund Management, LLC 0.57% Reduce -11.9% 613,548 $21.2M
Charles Schwab Investment Management Inc. 0.00% Reduce -0.1% 561,745 $19.4M
Northern Trust Corp. 0.00% Reduce -6.0% 560,829 $19.3M
Voloridge Investment Management, LLC 0.06% Reduce -3.7% 532,425 $18.4M
Eversept Partners, LP 0.99% Add +4.8% 509,443 $17.6M
Federated Hermes, Inc. 0.03% Add +51.7% 486,333 $16.8M
Morgan Stanley 0.00% Reduce -53.0% 473,532 $16.3M
Prudential Financial Inc. 0.02% Add +1851.9% 459,766 $15.9M
Invesco Ltd. 0.00% Add +428.3% 420,621 $14.5M
Jane Street Group, LLC 0.02% Reduce -46.0% 417,638 $14.4M
Pale Fire Capital SE 1.69% Add +57.6% 379,392 $13.1M
FMR LLC 0.00% Reduce -58.3% 378,344 $13.0M
Apis Capital Advisors, LLC 2.13% Reduce -15.6% 355,200 $12.3M
Two Sigma Investments, LP 0.02% Reduce -19.4% 350,048 $12.1M
Oberweis Asset Management Inc./ 0.42% Add +2.5% 329,200 $11.4M
First Trust Advisors LP 0.01% New 306,957 $10.6M
Trexquant Investment LP 0.09% Reduce -31.2% 279,138 $9.6M
Susquehanna International Group, LLP 0.01% Reduce -69.9% 262,106 $9.0M
Mirabella Financial Services LLP 0.87% Add +0.2% 247,799 $8.5M
Wellington Management Group LLP 0.00% Reduce -2.7% 233,144 $8.0M
Patient Square Capital LP 1.68% Reduce -43.3% 227,000 $7.8M
Renaissance Technologies 0.01% Reduce -57.3% 206,853 $7.1M
Bank of New York Mellon Corp 0.00% Reduce -5.4% 198,693 $6.9M
Deutsche Bank AG 0.00% Add +305.1% 187,814 $6.5M
T3 Companies, LLC 7.89% — 176,401 $6.1M
HRT Financial LP 0.02% New 168,176 $5.8M
Caption Management, LLC 0.25% Add +103.6% 162,538 $5.6M
Whitefort Capital Management, LP 1.72% Reduce -74.0% 158,000 $5.4M
Banco Bilbao Vizcaya Argentaria, S.A. 0.04% Reduce -5.2% 157,241 $5.4M
HighVista Strategies LLC 1.39% Reduce -11.6% 156,003 $5.4M
Walleye Capital LLC 0.03% Add +1.0% 155,349 $5.4M
Caxton Associates LLP 0.11% Add +805.4% 155,006 $5.3M
Nuveen, LLC 0.00% Reduce -2.2% 151,163 $5.2M
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% Reduce -4.0% 147,256 $5.1M
Citigroup Inc. 0.00% Add +78.0% 146,569 $5.1M
Marshall Wace, LLP 0.00% Reduce -56.2% 145,639 $5.0M
Insight Wealth Strategies, LLC 0.56% New 141,818 $4.9M
Barclays PLC 0.00% Add +22.2% 131,814 $4.5M
Greenland Capital Management LP 0.71% Reduce -30.7% 131,500 $4.5M
CenterBook Partners LP 0.21% Reduce -74.2% 124,982 $4.3M
JPMorgan Chase & Co. 0.00% Add +335.7% 121,661 $4.2M
Two Sigma Advisers, LP 0.01% Reduce -47.1% 121,400 $4.2M
Swiss National Bank 0.00% Reduce -4.3% 118,800 $4.1M
Y-Intercept (Hong Kong) Ltd 0.09% Add +357.0% 116,924 $4.0M
Algert Global LLC 0.06% New 112,380 $3.9M
UBS Group AG 0.00% Reduce -72.9% 111,762 $3.9M
Millennium Management 0.00% Reduce -89.2% 105,616 $3.6M
Engineers Gate Manager LP 0.04% Add +554.4% 101,848 $3.5M
Woodline Partners LP 0.01% No change 100,160 $3.5M
JW Asset Management, LLC 1.12% Reduce -9.3% 99,776 $3.4M
AWH Capital, L.P. 2.94% Add +8.8% 92,500 $3.2M
Diametric Capital, LP 0.85% Reduce -16.5% 91,489 $3.2M
Seven Fleet Capital Management LP 2.13% — 91,267 $3.1M
Exome Asset Management LLC 1.55% Reduce -3.3% 91,148 $3.1M
Occudo Quantitative Strategies LP 0.21% New 90,086 $3.1M
Elmind Capital, LP 0.92% — 90,000 $3.1M
Legal & General Group Plc 0.00% Reduce -9.0% 85,646 $3.0M
Raymond James Financial Inc. 0.00% Add +116.1% 84,426 $2.9M
Ameriprise Financial Inc. 0.00% Add +651.6% 81,251 $2.8M
Rhumbline Advisers 0.00% Reduce -14.1% 78,489 $2.7M
Osaic Holdings, Inc. 0.00% Add +3721.4% 77,384 $2.7M
Verition Fund Management LLC 0.01% Reduce -6.8% 75,000 $2.6M
Wells Fargo & Company 0.00% Add +81.5% 74,970 $2.6M
Russell Investments Group, Ltd. 0.00% Add +0.1% 74,778 $2.6M
Advisory Services Network, LLC 0.04% Add +5.2% 72,665 $2.5M
Alliancebernstein L.P. 0.00% Add +2.4% 68,650 $2.4M
Squarepoint Ops LLC 0.00% New 67,894 $2.3M
Schonfeld Strategic Advisors LLC 0.01% New 65,702 $2.3M
Gsa Capital Partners LLP 0.19% Add +63.6% 63,176 $2.2M
Sigma Planning Corp 0.06% Reduce -11.1% 63,030 $2.2M
State of Wisconsin Investment Board 0.00% Reduce -16.1% 62,195 $2.1M
California State Teachers Retirement System 0.00% Reduce -26.7% 57,953 $2.0M
DV Trading LLC 0.17% — 57,928 $2.0M
Balyasny Asset Management L.P. 0.00% Add +463.5% 57,670 $2.0M
Tudor Investment Corporation 0.01% Reduce -16.0% 56,741 $2.0M
SG Americas Securities, LLC 0.00% Add +46.7% 54,696 $1.9M
WCG Wealth Advisors LLC 0.05% Add +98.2% 54,411 $1.9M
Mariner, LLC 0.00% Add +79.9% 49,752 $1.7M
Sapient Capital LLC 0.02% Reduce -23.2% 49,600 $1.7M
Focus Partners Wealth 0.00% Add +52.3% 61,156 $1.6M
Campbell & CO Investment Adviser LLC 0.07% Reduce -50.2% 44,394 $1.5M
Jump Financial, LLC 0.02% Add +34.3% 43,091 $1.5M
Quantbot Technologies LP 0.05% Add +468.1% 42,509 $1.5M
Bluefin Capital Management, LLC 0.41% Reduce -65.2% 42,117 $1.5M
Prelude Capital Management, LLC 0.10% Reduce -28.9% 40,135 $1.4M
T. Rowe Price Associates Inc. 0.00% Reduce -38.2% 37,111 $1.3M
MetLife Investment Management, LLC 0.01% Reduce -5.4% 36,899 $1.3M
Creative Planning 0.00% Add +26.6% 35,828 $1.2M
Manufacturers Life Insurance Company, The 0.00% Reduce -1.9% 35,673 $1.2M
Norges Bank 0.00% — 35,307 $1.2M
XTX Topco Ltd 0.03% New 35,197 $1.2M
Polen Capital Management LLC 0.00% New 33,538 $1.2M
LPL Financial LLC 0.00% Add +18.1% 33,190 $1.1M
Whitcomb & Hess, Inc. 0.25% Reduce -0.5% 28,232 $1.1M
Fred Alger Management, LLC 0.00% New 30,092 $1.0M
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% Add +0.1% 29,850 $1.0M
Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% Add +81.4% 28,081 $969K
Intech Investment Management LLC 0.01% Reduce -12.9% 28,064 $968K
Janus Henderson Group PLC 0.00% No change 27,971 $965K
Mitsubishi UFJ Asset Management Co., Ltd. 0.00% Reduce -48.0% 30,489 $957K
Aquatic Capital Management LLC 0.03% New 26,362 $909K
Bleakley Financial Group, LLC 0.01% Reduce -4.5% 23,398 $807K
Vontobel Holding Ltd. 0.00% New 22,475 $775K
Guggenheim Capital LLC 0.01% New 22,419 $773K
Diadema Partners LP 0.45% New 21,881 $755K
Cetera Investment Advisers 0.00% Reduce -43.3% 21,338 $736K
State of New Jersey Common Pension Fund D 0.00% New 20,569 $709K
Signaturefd, LLC 0.01% Add +102.8% 20,275 $699K
Corsair Capital Management, L.P. 0.11% New 20,000 $690K
Cinctive Capital Management LP 0.04% Add +47.2% 19,653 $678K
New York State Common Retirement Fund 0.00% No change 19,324 $666K
Valmark Advisers, Inc. 0.01% No change 18,641 $643K
Cambridge Investment Research Advisors, Inc. 0.00% No change 18,547 $640K
Los Angeles Capital Management LLC 0.00% Add +6.5% 27,439 $637K
Police & Firemen's Retirement System of New Jersey 0.01% Reduce -1.4% 17,787 $613K
Arizona State Retirement System 0.00% Reduce -11.0% 16,872 $582K
Quantinno Capital Management LP 0.00% Add +3.2% 16,576 $572K
Walleye Trading LLC 0.01% New 16,335 $563K
PSP Research LLC 0.47% — 15,485 $534K
Kerrisdale Advisers, LLC 0.24% Add +52.4% 14,820 $511K
Versor Investments LP 0.08% New 14,820 $511K
BNP Paribas Financial Markets 0.00% Reduce -97.8% 14,643 $505K
LGL Partners, LLC 0.21% New 14,500 $500K
Greenleaf Trust 0.00% No change 14,016 $483K
AQR Capital Management 0.00% Add +9.3% 13,966 $482K
State Board of Administration of Florida Retirement System 0.00% No change 13,680 $472K
KLP Kapitalforvaltning As 0.00% No change 13,200 $455K
Integrated Quantitative Investments LLC 0.10% New 12,827 $442K
Pictet Asset Management Holding SA 0.00% No change 12,409 $428K
Voya Investment Management LLC 0.00% Add +4.2% 12,211 $421K
Ballentine Partners, LLC 0.01% Add +0.1% 12,105 $418K
ProShare Advisors LLC 0.00% Add +7.1% 11,756 $405K
Jain Global LLC 0.00% New 11,372 $392K
AlphaQuest LLC 0.02% Reduce -36.2% 11,334 $391K
Tradition Wealth Management, LLC 0.03% Reduce -16.8% 10,966 $378K
SmartHarvest Portfolios, LLC 0.13% — 10,823 $373K
Persistent Asset Partners Ltd 0.17% New 10,536 $363K
Birchview Capital, LP 0.20% New 10,000 $345K
DMC Group, LLC 0.23% Reduce -19.4% 9,941 $343K
nVerses Capital, LLC 0.75% — 9,713 $335K
Capstone Investment Advisors, LLC 0.00% New 9,648 $333K
Entropy Technologies, LP 0.02% New 9,447 $326K
RMR Capital Management, LLC 0.23% No change 9,315 $321K
Revere Asset Management, Inc 0.11% New 9,201 $317K
Blueshift Asset Management, LLC 0.09% New 8,931 $308K
Teacher Retirement System of Texas 0.00% Reduce -43.1% 8,914 $307K
Profund Advisors LLC 0.01% Reduce -25.9% 8,885 $306K
Sei Investments Co. 0.00% New 8,776 $303K
BayBridge Capital Group, LLC 0.19% New 8,740 $301K
Act Capital Management, LLC 0.24% — 8,500 $293K
Wedmont Private Capital 0.01% No change 9,343 $290K
Meridian Wealth Management, LLC 0.01% Reduce -13.5% 8,004 $276K
Victory Capital Management Inc. 0.00% New 7,984 $275K
Virtus Investment Advisers, LLC 0.07% Add +1.2% 7,969 $275K
Philadelphia Trust Co. 0.02% New 7,500 $259K
Resurgent Financial Advisors LLC 0.13% New 7,500 $259K
Western Wealth Management, LLC 0.01% New 7,373 $254K
Lanark Financial, Inc. 0.02% New 7,184 $248K
Rafferty Asset Management, LLC 0.00% New 7,154 $247K
MBL Wealth, LLC 0.02% New 6,844 $236K
Ensign Peak Advisors, Inc 0.00% New 6,800 $235K
Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% New 6,650 $229K
Baader Bank Aktiengesellschaft 0.02% New 6,500 $224K
PNC Financial Services Group, Inc. 0.00% Add +7.2% 6,304 $217K
Significant Wealth Partners LLC 0.23% Reduce -55.1% 5,893 $203K
WealthShield Partners, LLC 0.02% New 5,885 $203K
Ameritas Investment Partners, Inc. 0.01% No change 5,365 $185K
Canada Pension Plan Investment Board 0.00% New 5,300 $183K
Hurley Capital, LLC 0.10% Add +140.7% 5,200 $179K
Tower Research Capital LLC (TRC) 0.00% Add +43.3% 4,122 $142K
Royal Bank of Canada 0.00% Reduce -88.1% 3,080 $106K
Acadian Asset Management LLC 0.00% New 2,609 $89K
KBC Group NV 0.00% No change 2,560 $88K
Amalgamated Bank 0.00% Reduce -8.1% 2,018 $70K
GAMMA Investing LLC 0.00% Reduce -4.4% 1,839 $63K
Steward Partners Investment Advisory, LLC 0.00% Add +0.2% 1,804 $62K
Jones Financial Companies LLLP 0.00% Add +218.8% 1,275 $44K
Covestor Ltd 0.02% Add +41.9% 1,216 $42K
Nisa Investment Advisors, LLC 0.00% Reduce -16.9% 890 $31K
BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% Add +37.2% 863 $30K
Northwestern Mutual Wealth Management Co. 0.00% New 731 $25K
Private Trust Co. NA 0.00% No change 643 $22K
Farther Finance Advisors, LLC 0.00% Add +53.2% 556 $19K
Addison Advisors LLC 0.00% No change 535 $18K
Activest Wealth Management 0.00% No change 486 $17K
Sterling Capital Management LLC 0.00% Add +173.7% 427 $15K
Fortitude Family Office, LLC 0.00% Reduce -79.9% 398 $14K
Arax Advisory Partners 0.00% New 365 $13K
Cwm, LLC 0.00% Add +2.7% 341 $12K
EverSource Wealth Advisors, LLC 0.00% Reduce -29.6% 297 $10K
ORG Partners LLC 0.00% New 297 $10K
Parallel Advisors, LLC 0.00% Add +38.8% 272 $9K
Optiver Holding B.V. 0.00% Reduce -46.5% 263 $9K
MassMutual Private Wealth & Trust, FSB 0.00% Reduce -16.0% 252 $9K
Allworth Financial LP 0.00% Add +4.8% 217 $7K
SBI Securities Co., Ltd. 0.00% Add +5833.3% 178 $6K
Cygnus Capital Advisors, LLC 0.00% — 172 $6K
Smartleaf Asset Management LLC 0.00% No change 137 $5K
Rothschild Investment LLC 0.00% No change 135 $5K
HighMark Wealth Management LLC 0.00% No change 100 $3K
Bessemer Group Inc. 0.00% Reduce -48.0% 80 $3K
Cornerstone Financial Management LLC 0.00% — 80 $3K
Clearstead Advisors, LLC 0.00% New 51 $2K
Parkside Financial Bank & Trust 0.00% No change 50 $2K
Sunbelt Securities, Inc. 0.00% No change 22 $759
SHP Wealth Management 0.00% — 18 $621
US Bancorp \de 0.00% Reduce -83.7% 17 $586
Bell Investment Advisors, Inc 0.00% New 14 $483
Pinnacle Wealth Planning Services, Inc. 0.00% New 10 $345
DecisionPoint Financial, LLC 0.00% No change 8 $276
Larson Financial Group LLC 0.00% Add +60.0% 8 $276

"% of holder's portfolio" is LQDA's weight in each manager's 13F, not the share of Liquidia Corp. the manager owns.