LiquidiaLQDA
13F holders, Q4 2025 (December 31)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
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 48 | $48.9M |
| Exits | 33 | $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.