Liquidia Corp - Common Stock, par value $0.001 per share (the "Shares") (LQDA) Institutional Ownership

13F Institutional Holders and Ownership History from Q3 2018 to Q4 2025

Type / Class
Equity / Common Stock, par value $0.001 per share (the "Shares")
Symbol
LQDA on Nasdaq
Shares outstanding
87,434,727
Price per share
$43.06
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
61,826,670
Total reported value
$2,132,560,665
% of total 13F portfolios
0.01%
Share change
-3,092,522
Value change
-$78,546,797
Number of holders
224
Price from insider filings
$43.06
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of Liquidia Corp - Common Stock, par value $0.001 per share (the "Shares") (LQDA) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
Farallon Capital Partners, L.P. 9.9% -0.5% $316,810,991 +$3,308,640 8,656,038 +1.1% Dapice Joshua J. 31 Dec 2025
Legend Aggregator, LP 2.2% $26,101,005 1,860,371 Legend Aggregator, LP 31 Dec 2024

As of 31 Dec 2025, 224 institutional investors reported holding 61,826,670 shares of Liquidia Corp - Common Stock, par value $0.001 per share (the "Shares") (LQDA). This represents 71% of the company’s total 87,434,727 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of Liquidia Corp - Common Stock, par value $0.001 per share (the "Shares") (LQDA) together control 57% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
FARALLON CAPITAL MANAGEMENT LLC 9.9% 8,656,038 +1.1% 1.7% $298,546,751
Caligan Partners LP 9.3% 8,118,892 0% 26% $280,020,585
BlackRock, Inc. 6.3% 5,488,363 +5% 0% $189,293,640
VANGUARD GROUP INC 4.6% 4,013,888 +1.3% 0% $138,438,996
FINDELL CAPITAL MANAGEMENT LLC 3.3% 2,851,449 +0.76% 33% $98,346,476
Opaleye Management Inc. 2.8% 2,435,000 -6.9% 11% $84,981,500
BANK OF AMERICA CORP /DE/ 2.2% 1,927,420 +152% 0% $66,476,716
STATE STREET CORP 2.1% 1,808,859 -5.5% 0% $62,387,547
Caprock Group, LLC 2% 1,783,921 +9.3% 1.3% $61,527,435
TCG Crossover Management, LLC 2% 1,710,084 0% 2% $58,980,797
D. E. Shaw & Co., Inc. 1.9% 1,667,382 +12% 0.04% $57,508,005
GEODE CAPITAL MANAGEMENT, LLC 1.9% 1,620,811 +0.82% 0% $55,911,300
MPM BIOIMPACT LLC 1.6% 1,400,869 +600% 5.5% $48,315,972
CITADEL ADVISORS LLC 0.92% 800,196 +78% 0.02% $27,598,760
GOLDMAN SACHS GROUP INC 0.81% 704,097 -75% 0% $24,284,305
Buckley Capital Advisors, LLC 0.74% 649,386 0% 19% $22,397,323
BOOTHBAY FUND MANAGEMENT, LLC 0.7% 613,548 -12% 0.56% $21,161,271
CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.64% 561,745 -0.15% 0% $19,374,585
NORTHERN TRUST CORP 0.64% 560,829 -6% 0% $19,342,992
VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.61% 532,425 -3.7% 0.06% $18,363,338
Eversept Partners, LP 0.58% 509,443 +4.8% 0.99% $17,570,689
FEDERATED HERMES, INC. 0.56% 486,333 +52% 0.03% $16,773,626
MORGAN STANLEY 0.54% 473,532 -53% 0% $16,332,117
PRUDENTIAL FINANCIAL INC 0.53% 459,766 +1852% 0.02% $15,857,329
Invesco Ltd. 0.48% 420,621 +428% 0% $14,507,219

Institutional Holders of Liquidia Corp - Common Stock, par value $0.001 per share (the "Shares") (LQDA) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 61,826,670 $2,132,560,665 -$78,546,797 $34.49 224
2025 Q3 64,455,953 $1,473,833,234 +$210,251,839 $22.74 198
2025 Q2 57,450,201 $715,931,369 +$23,642,398 $12.46 175
2025 Q1 54,741,874 $808,018,851 +$50,747,752 $14.75 167
2024 Q4 51,278,976 $623,067,692 -$15,778,669 $11.76 162
2024 Q3 52,563,357 $525,749,895 +$60,475,217 $10.00 150
2024 Q2 46,362,301 $556,348,558 +$1,236,522 $12.00 136
2024 Q1 46,191,835 $681,327,102 +$156,890,444 $14.75 137
2023 Q4 35,668,983 $428,989,388 +$47,816,659 $12.03 114
2023 Q3 28,522,201 $180,898,515 -$5,330,407 $6.34 101
2023 Q2 29,128,342 $228,708,126 -$2,844,466 $7.85 101
2023 Q1 29,465,903 $203,608,868 +$183,299 $6.91 89
2022 Q4 29,493,884 $187,731,658 +$10,410,552 $6.37 83
2022 Q3 3,514,200 $19,114,211 -$24,024,259 $5.44 23
2022 Q2 23,008,892 $100,320,024 +$33,273,314 $4.36 79
2022 Q1 14,073,203 $101,047,099 +$25,919,740 $7.18 64
2021 Q4 10,640,127 $51,814,458 +$122,725 $4.87 46
2021 Q3 10,324,136 $28,489,964 -$918,071 $2.76 39
2021 Q2 10,641,897 $30,435,898 -$3,401,101 $2.86 50
2021 Q1 11,896,289 $32,001,593 +$2,136,047 $2.69 54
2020 Q4 11,069,371 $32,655,326 -$27,614,144 $2.95 52
2020 Q3 15,810,582 $77,864,455 -$22,724,316 $4.92 61
2020 Q2 19,044,849 $160,353,767 +$81,502,306 $8.42 75
2020 Q1 9,818,557 $46,244,890 -$1,469,764 $4.71 48
2019 Q4 13,084,769 $55,962,702 +$10,779,767 $4.27 47
2019 Q3 10,516,633 $37,441,304 -$2,455,729 $3.56 43
2019 Q2 10,962,787 $87,701,680 -$103,333 $8.00 43
2019 Q1 10,506,870 $119,565,229 +$36,219,547 $11.38 46
2018 Q4 7,318,497 $158,520,173 +$3,569,673 $21.66 32
2018 Q3 4,189,135 $114,907,000 +$114,907,000 $27.43 31