LQDA
Liquidia Corporation · Healthcare · Medical - Pharmaceuticals
Momentum inputs (comparable managers):
holder breadth -13.3% ·
share flow -1.8% ·
net new positions -15.4%
— formula
Broad distribution — falling shares and fewer holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q2 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 100 | +24 | 36.67M | $2.92B | +27 | −3 |
| Q1 2026 | 79 | -1 | 26.51M | $999.68M | +6 | −8 |
| Q4 2025 | 81 | 0 | 26.44M | $911.45M | +1 | — |
| Q3 2025 | 17 | +1 | 21.94M | $498.92M | +1 | — |
| Q2 2025 | 13 | -2 | 14.83M | $184.82M | — | −2 |
| Q1 2025 | 12 | 0 | 5.71M | $84.24M | — | — |
| Q4 2024 | 12 | +4 | 4.81M | $56.51M | +4 | — |
| Q3 2024 | 7 | -2 | 2.07M | $20.68M | +1 | −3 |
| Q2 2024 | 9 | — | 2.26M | $27.08M | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | BlackRock ✦ (passive) | 4.89M | — | $60.96M | 0.0% | n/c | 1 | SEC ↗ |
| 2 | BlackRock ✦ (passive) | 4.89M | — | $60.96M | 0.0% | n/c | 1 | SEC ↗ |
| 3 | BlackRock ✦ (passive) | 4.89M | — | $60.96M | 0.0% | n/c | 1 | SEC ↗ |
| 4 | BlackRock ✦ (passive) | 4.89M | — | $60.96M | 0.0% | n/c | 1 | SEC ↗ |
| 5 | BlackRock ✦ (passive) | 4.89M | — | $60.96M | 0.0% | n/c | 1 | SEC ↗ |
| 6 | BlackRock ✦ (passive) | 4.89M | — | $60.96M | 0.0% | n/c | 1 | SEC ↗ |
| 7 | BlackRock ✦ (passive) | 4.89M | — | $60.96M | 0.0% | n/c | 1 | SEC ↗ |
| 8 | BlackRock ✦ (passive) | 4.89M | — | $60.96M | 0.0% | n/c | 1 | SEC ↗ |
| 9 | BlackRock ✦ (passive) | 4.89M | — | $60.96M | 0.0% | n/c | 1 | SEC ↗ |
| 10 | BlackRock ✦ (passive) | 4.89M | — | $60.96M | 0.0% | n/c | 1 | SEC ↗ |
| 11 | BlackRock ✦ (passive) | 4.89M | — | $60.96M | 0.0% | n/c | 1 | SEC ↗ |
| 12 | BlackRock ✦ (passive) | 4.89M | — | $60.96M | 0.0% | n/c | 1 | SEC ↗ |
| 13 | BlackRock ✦ (passive) | 4.89M | — | $60.96M | 0.0% | n/c | 1 | SEC ↗ |
| 14 | The Vanguard Group ✦ (passive) | 3.59M | — | $44.78M | 0.0% | n/c | 1 | SEC ↗ |
| 15 | The Vanguard Group ✦ (passive) | 3.59M | — | $44.78M | 0.0% | n/c | 1 | SEC ↗ |
| 16 | The Vanguard Group ✦ (passive) | 3.59M | — | $44.78M | 0.0% | n/c | 1 | SEC ↗ |
| 17 | The Vanguard Group ✦ (passive) | 3.59M | — | $44.78M | 0.0% | n/c | 1 | SEC ↗ |
| 18 | The Vanguard Group ✦ (passive) | 3.59M | — | $44.78M | 0.0% | n/c | 1 | SEC ↗ |
| 19 | State Street Global Advisors ✦ (passive) | 1.83M | +2.4% | $22.81M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 20 | Geode Capital Management ✦ (passive) | 1.41M | +2.4% | $17.52M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 21 | Geode Capital Management ✦ (passive) | 1.41M | +2.4% | $17.52M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 22 | Fidelity (FMR) ✦ | 914.49K | — | $11.39M | 0.0% | n/c | 1 | SEC ↗ |
| 23 | Fidelity (FMR) ✦ | 914.49K | — | $11.39M | 0.0% | n/c | 1 | SEC ↗ |
| 24 | Two Sigma Investments ✦ | 747.00K | +72.1% | $9.31M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 25 | Marshall Wace ✦ | 660.76K | +58.6% | $8.23M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 26 | Marshall Wace ✦ | 660.76K | +58.6% | $8.23M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 27 | Marshall Wace ✦ | 660.76K | +58.6% | $8.23M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 28 | Citadel Advisors ✦ | 370.95K | -26.8% | $4.62M | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 29 | Wellington Management ✦ | 203.98K | +4.0% | $2.54M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 30 | Wellington Management ✦ | 203.98K | +4.0% | $2.54M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 31 | Wellington Management ✦ | 203.98K | +4.0% | $2.54M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 32 | Wellington Management ✦ | 203.98K | +4.0% | $2.54M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 33 | Wellington Management ✦ | 203.98K | +4.0% | $2.54M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 34 | D. E. Shaw & Co. ✦ | 146.44K | -10.9% | $1.82M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 35 | D. E. Shaw & Co. ✦ | 146.44K | -10.9% | $1.82M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 36 | T. Rowe Price ✦ | 32.06K | +17.1% | $400,000 | 0.0% | ▲ Add | 5 | SEC ↗ |
| 37 | Millennium Management ✦ | 20.58K | -83.5% | $256,414 | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 38 | AQR Capital Management ✦ | 14.72K | -11.1% | $183,423 | 0.0% | ▼ Trim | 5 | SEC ↗ |
| 39 | AQR Capital Management ✦ | 14.72K | -11.1% | $183,423 | 0.0% | ▼ Trim | 5 | SEC ↗ |
| 40 | AQR Capital Management ✦ | 14.72K | -11.1% | $183,423 | 0.0% | ▼ Trim | 5 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| No new tracked buyers this quarter. |
Exited
| Adage Capital Partners | $6.80M | was 0.0% |
| Renaissance Technologies | $2.98M | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 242 holders, 61.34M shares, $2.26B reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.
Open-market purchases (P)
No open-market insider purchases in our coverage window.
Open-market sales (S)
Officer · 41.83K sh · $2.89M
Officer · 31.80K sh · $2.20M
Director · 18.39K sh · $1.33M
Director · 36.79K sh · $2.76M
Officer · 50.00K sh · $3.70M
Officer · 29.53K sh · $2.27M
Awards, exercises and tax withholding are never counted as buys or sales here. Methodology