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
86,086,814
Price per share
$34.49
All holders as of 30 Sep 2025
Q3 2025
Total 13F shares
64,453,393
Total reported value
$1,473,775,234
% of total 13F portfolios
0.01%
Share change
+6,765,660
Value change
+$210,193,839
Number of holders
197
Price from insider filings
$34.49
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. 10% +24% $194,782,608 +$39,412,195 8,565,638 +25% Dapice Joshua J. 30 Sep 2025
Legend Aggregator, LP 2.2% $26,101,005 1,860,371 Legend Aggregator, LP 31 Dec 2024

As of 30 Sep 2025, 197 institutional investors reported holding 64,453,393 shares of Liquidia Corp - Common Stock, par value $0.001 per share (the "Shares") (LQDA). This represents 75% of the company’s total 86,086,814 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 61% 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 10% 8,565,638 +102% 1.1% $194,782,608
Caligan Partners LP 9.4% 8,118,892 0% 26% $184,623,604
BlackRock, Inc. 6.1% 5,228,806 +6.9% 0% $118,903,050
VANGUARD GROUP INC 4.6% 3,961,217 +10% 0% $90,078,075
FINDELL CAPITAL MANAGEMENT LLC 3.3% 2,830,000 -5.7% 29% $64,354,200
GOLDMAN SACHS GROUP INC 3.2% 2,782,285 +15% 0.01% $63,269,161
Opaleye Management Inc. 3% 2,615,000 +5.7% 8.4% $59,465,100
STATE STREET CORP 2.2% 1,913,856 +4.5% 0% $43,521,085
TCG Crossover Management, LLC 2% 1,710,084 1.9% $38,887,310
Caprock Group, LLC 1.9% 1,632,089 1.1% $45,176,224
GEODE CAPITAL MANAGEMENT, LLC 1.9% 1,607,598 +14% 0% $36,562,562
D. E. Shaw & Co., Inc. 1.7% 1,487,901 +916% 0.03% $33,834,869
TANG CAPITAL MANAGEMENT LLC 1.3% 1,143,759 0% 1% $26,009,080
MORGAN STANLEY 1.2% 1,006,707 +128% 0% $22,892,517
MILLENNIUM MANAGEMENT LLC 1.1% 974,703 +4636% 0.02% $22,164,746
FMR LLC 1.1% 907,679 -0.74% 0% $20,640,630
SUSQUEHANNA INTERNATIONAL GROUP, LLP 1% 870,013 -13% 0.03% $19,784,095
JANE STREET GROUP, LLC 0.9% 773,296 +1306% 0.02% $17,584,752
BANK OF AMERICA CORP /DE/ 0.89% 765,346 +304% 0% $17,403,967
BOOTHBAY FUND MANAGEMENT, LLC 0.81% 696,194 +5.7% 0.4% $15,831,452
BNP PARIBAS FINANCIAL MARKETS 0.76% 651,274 0% 0.01% $14,809,971
Whitefort Capital Management, LP 0.71% 607,409 -54% 4.6% $13,812,481
NORTHERN TRUST CORP 0.69% 596,902 +2.5% 0% $13,573,552
CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.65% 562,605 +29% 0% $12,793,638
VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.64% 552,831 0.04% $12,571,377

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 252,398 $8,773,675 +$5,448,242 $34.49 11
2025 Q3 64,453,393 $1,473,775,234 +$210,193,839 $22.74 197
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