Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in LQDA held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | FARALLON CAPITAL MANAGEMENT LLC | 8.7M | $326.7M | 0.0% | 9.734% | 2.13% |
| 2 | Caligan Partners LP | 8.1M | $306.4M | 0.0% | 9.130% | 21.30% |
| 3 | BlackRock, Inc. | 5.5M | $207.2M | +0.0% | 6.173% | 0.00% |
| 4 | FINDELL CAPITAL MANAGEMENT LLC | 3.6M | $134.1M | -15.6% | 3.994% | 39.26% |
| 5 | VANGUARD CAPITAL MANAGEMENT LLC | 2.9M | $110.5M | β | 3.291% | 0.00% |
| 6 | Opaleye Management Inc. | 2.5M | $88.8M | +4.5% | 2.862% | 11.70% |
| 7 | BANK OF AMERICA CORP /DE/ | 2.3M | $86.3M | +18.7% | 2.573% | 0.01% |
| 8 | GEODE CAPITAL MANAGEMENT, LLC | 1.9M | $72.8M | +19.0% | 2.169% | 0.00% |
| 9 | CITADEL ADVISORS LLC | 1.9M | $72.3M | +19.3% | 2.153% | 0.03% |
| 10 | STATE STREET CORP | 1.9M | $71.0M | +4.0% | 2.116% | 0.00% |
| 11 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 1.7M | $62.6M | -16.4% | 1.864% | 0.01% |
| 12 | MPM Oncology Impact Management LP | 1.4M | $53.0M | +0.3% | 1.580% | 4.10% |
| 13 | CAPROCK Group, Inc. | 1.4M | $51.6M | -23.4% | 1.538% | 1.25% |
| 14 | Buckley Capital Advisors, LLC | 1.2M | $44.7M | -4.3% | 1.331% | 32.10% |
| 15 | D. E. Shaw & Co., Inc. | 909K | $34.3M | -49.3% | 1.022% | 0.03% |
| 16 | GOLDMAN SACHS GROUP INC | 812K | $30.6M | +15.3% | 0.913% | 0.00% |
| 17 | Eversept Partners, LP | 677K | $25.6M | +33.0% | 0.762% | 1.67% |
| 18 | VANGUARD PORTFOLIO MANAGEMENT LLC | 633K | $23.9M | β | 0.711% | 0.00% |
| 19 | BOOTHBAY FUND MANAGEMENT, LLC | 625K | $23.6M | +1.9% | 0.703% | 0.60% |
| 20 | FMR LLC | 582K | $22.0M | +53.9% | 0.655% | 0.00% |
| 21 | NORTHERN TRUST CORP | 580K | $21.9M | +3.4% | 0.652% | 0.00% |
| 22 | TWO SIGMA INVESTMENTS, LP | 563K | $21.3M | +60.9% | 0.633% | 0.02% |
| 23 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 557K | $21.0M | -0.8% | 0.627% | 0.00% |
| 24 | Invesco Ltd. | 481K | $18.2M | +14.5% | 0.541% | 0.00% |
| 25 | VANGUARD FIDUCIARY TRUST CO | 472K | $17.8M | β | 0.531% | 0.00% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). β% of Fundβ shows how much of that investorβs total 13F portfolio is invested in LQDA β a direct measure of their conviction.
Filings activity in LQDA during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new LQDA position in Q1 2026
Institutions that fully closed their LQDA position in Q1 2026
8 quarters of 13F filings Β· Ξ columns show change vs prior quarter
| Quarter | Inst. Holders | Ξ Holders | Ownership % | Ξ Ownership | Total 13F Value | Ξ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 240 | +9.6% | 37.22% | +1.03 pp | $2.36B | +2.9% |
| Q4 2025 | 219 | +15% | 36.19% | +11.29 pp | $2.29B | +45% |
| Q3 2025 | 190 | +9.8% | 24.90% | +13.68 pp | $1.58B | +122% |
| Q2 2025 | 173 | +3.6% | 11.22% | 1.38 pp | $710M | 11% |
| Q1 2025 | 167 | +3.1% | 12.60% | +2.73 pp | $798M | +28% |
| Q4 2024 | 162 | +7.3% | 9.87% | +1.46 pp | $625M | +17% |
| Q3 2024 | 151 | +14% | 8.41% | +0.02 pp | $532M | +0.2% |
| Q2 2024 | 133 | β | 8.39% | β | $532M | β |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Ξ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying LQDA stock.
Based on Q1 2026 13F filings, institutional ownership of Liquidia Corporation stands at 37.2%, held across 240 reporting institutions.
FARALLON CAPITAL MANAGEMENT LLC is the largest reported institutional holder of LQDA, with approximately 8,656,038 shares worth $0.33B as of Q1 2026.
Yes β 3 widely-followed marquee investors appear among the top 25 institutional holders of LQDA, including CITADEL ADVISORS LLC, SUSQUEHANNA INTERNATIONAL GROUP, LLP, TWO SIGMA INVESTMENTS, LP.
Our composite Smart Money Score for LQDA is 74 out of 100 (Bullish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
56 institutions opened new positions in LQDA during Q1 2026, while 35 fully exited. 124 added to existing positions and 59 trimmed.
LQDA institutional ownership rose by 1.03 percentage points quarter-over-quarter, with a net change of +21 holders.
The top 10 institutions account for 62.6% of all reported 13F value in LQDA, and the top 25 account for 82.6%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Liquidia Corporation (LQDA) Institutional Ownership