Liquidia Corporation
Liquidia Corporation (LQDA) Stock Ownership
Institutional vs insider vs public ownership from 13F and float data — top holders, activity, and insider trades below.
SEC 13F · FMP · LQDA · as of Sep 30, 2025
Ownership Breakdown
235
Institutional Holders
▲ 36 vs Q2
$1.48B
Total Inst. Value
▲ $761.24M vs Q2
88.93M
Shares Outstanding
freeFloat 70.42%
64.74M
13F Shares Held
▲ 7.21M vs Q2
Institutional ownership = 13F shares ÷ total outstanding. Insider % = 100 − free float. Public % = free float − institution %. Data: FMP /symbol-positions-summary + /shares-float + SEC EDGAR.
Top Institutional Holders
LQDA largest shareholders · institutional ownership
Q3 2025 · SEC 13F
Showing top 10 holders
| Holder | Shares | % Owned | Weight | Value | Reported | Change |
|---|---|---|---|---|---|---|
FARALLON CAPITAL MANAGEMENT LLC pharmaceutical preparations | 8.57M | 10.01% | 10.01% | $194.78B | Feb 17, 2026 | ▲ 4.33M |
CALIGAN PARTNERS LP pharmaceutical preparations | 8.12M | 9.49% | 9.49% | $184.62B | Nov 14, 2025 | — held |
BLACKROCK, INC. pharmaceutical preparations | 5.23M | 6.11% | 6.11% | $118.90B | Nov 12, 2025 | ▲ 336.7K |
VANGUARD GROUP INC pharmaceutical preparations | 3.96M | 4.63% | 4.63% | $90.08B | Nov 7, 2025 | ▲ 367.7K |
FINDELL CAPITAL MANAGEMENT LLC pharmaceutical preparations | 2.83M | 3.31% | 3.31% | $64.35B | Nov 14, 2025 | ▼ 170.0K |
GOLDMAN SACHS GROUP INC pharmaceutical preparations | 2.78M | 3.25% | 3.25% | $63.27B | Nov 14, 2025 | ▲ 365.3K |
OPALEYE MANAGEMENT INC. pharmaceutical preparations | 2.62M | 3.06% | 3.06% | $59.47B | Nov 14, 2025 | ▲ 140.0K |
SUSQUEHANNA INTERNATIONAL GROUP, LLP pharmaceutical preparations | 2.22M | 2.59% | 2.59% | $50.45B | Nov 14, 2025 | ▲ 1.71M |
POINT72 ASSET MANAGEMENT, L.P. pharmaceutical preparations | 2.00M | 2.34% | 2.34% | $45.48B | Nov 14, 2025 | NEW |
STATE STREET CORP pharmaceutical preparations | 1.91M | 2.24% | 2.24% | $43.52B | Nov 14, 2025 | ▲ 83.2K |
Data from SEC Form 13F filings. Ownership bar normalised to largest holder. Change flags: isNew / isSoldOut / changeInSharesNumber (FMP extract-analytics/holder).
Institutional Activity
Q3 2025 vs prior quarter
Q3 2025
28
Increased
+17.03M shares10
New Positions
first time holders9
Decreased
−3.11M shares0
Sold Out
fully exitedNet shares change (top 50)
+13.91M
+17.03M / −3.11M
Net new holders
+29
10 new / 0 exited
Based on top 50 institutional holders by position size. Fields: isNew, isSoldOut, changeInSharesNumber (FMP extract-analytics/holder, limit=50).
Insider Buying vs Selling
LQDA insider trading · insider activity
Source: SEC Form 4
Insiders have been primarily selling shares recently. Selling may be driven by pre-scheduled Rule 10b5-1 plans rather than negative sentiment.
26
Buy transactions
71
Sell transactions
0.37
Buy/Sell ratio
$2M
Total disposed
Recent Insider Transactions
Showing 10 most recent · Common Stock only
| Name · Role | Date | Type | Shares | Price | Value | After Trans. | Filing |
|---|---|---|---|---|---|---|---|
JEFFS ROGER Chief Executive Officer | May 27, 2026 | Sale | 6,428 | $62.18 | $399.7K | 1.04M | Form 4 ↗ |
SINGH RAMAN director | May 21, 2026 | Sale | 29,494 | $60.13 | $1.77M | 38.8K | Form 4 ↗ |
JEFFS ROGER Chief Executive Officer | May 21, 2026 | Sale | 25,000 | $61.13 | $1.53M | 1.10M | Form 4 ↗ |
JEFFS ROGER Chief Executive Officer | May 22, 2026 | Sale | 25,000 | $61.52 | $1.54M | 1.07M | Form 4 ↗ |
JEFFS ROGER Chief Executive Officer | May 26, 2026 | Sale | 25,000 | $60.38 | $1.51M | 1.05M | Form 4 ↗ |
Caligan Partners LP See Remarks | May 19, 2026 | Purchase | 5,300 | $59.98 | $317.9K | 8.14M | Form 4 ↗ |
Caligan Partners LP See Remarks | May 19, 2026 | Sale | 5,300 | $59.98 | $317.9K | 8.13M | Form 4 ↗ |
JEFFS ROGER Chief Executive Officer | May 18, 2026 | Sale | 25,000 | $56.77 | $1.42M | 1.17M | Form 4 ↗ |
JEFFS ROGER Chief Executive Officer | May 19, 2026 | Sale | 25,000 | $58.65 | $1.47M | 1.15M | Form 4 ↗ |
JEFFS ROGER Chief Executive Officer | May 20, 2026 | Sale | 25,000 | $61.30 | $1.53M | 1.12M | Form 4 ↗ |
Source: /insider-trading/search (FMP stable). Buy/Sell direction: acquisitionOrDisposition A=Buy, D=Sell. RSU vesting (M-Exempt) excluded from sentiment bar. All data from SEC EDGAR public filings.
About institutional & insider ownership
Liquidia Corporation (LQDA) is primarily owned by institutional investors, who hold approximately 72.8% of total shares outstanding. Company insiders own approximately 29.58%, while retail and public investors account for the remaining 0.00%.
The largest institutional shareholder of Liquidia Corporation is FARALLON CAPITAL MANAGEMENT LLC, holding approximately 8.57 million shares — equal to 10.01% of outstanding shares — as of September 30, 2025.
A total of 235 institutional investors currently hold LQDA stock, with a combined institutional value of approximately $1.48 billion as of the most recent 13F filing period.
Frequently asked questions
LQDA ownershipLiquidia Corporation (LQDA) is primarily owned by institutional investors, who hold approximately 72.8% of shares. The largest shareholder is FARALLON CAPITAL MANAGEMENT LLC with a 10.01% stake. Company insiders hold 29.58%. Data sourced from SEC Form 13F as of September 30, 2025.