Liquidia Corporation (LQDA) Hedge Fund Ownership (Q2 2026)

Q: Is it too late to buy Liquidia Corporation (LQDA) following the 2026 Q2 hedge fund 13F filings?

As of today, LQDA has moved -0.1% since the 2026 Q2 13F filing date (August 14, 2026), compared to +4.3% for the XLV sector ETF — an outperformance of -4.4%. Since the quarter end (June 30, 2026), LQDA gained -6.8% vs +10.0% for XLV. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Liquidia Corporation (LQDA)

327 + Investors. Track Smart Money conviction in LQDA. See who's accumulating, reducing, or initiating positions.

Smart Money Signals — LQDA

Based on 333 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 11 quarters in a row

last 6Q

For 11 consecutive quarters, more hedge funds added LQDA than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

🏔️

At the ownership peak (100% of max)

100% of all-time peak

333 hedge funds hold LQDA right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.

🚀

Fast accumulation — +84% more funds vs a year ago

fund count last 6Q

+152 new funds entered over the past year (+84% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.

🟢

More buyers than sellers — 64% buying

240 buying135 selling

Last quarter: 240 funds were net buyers (127 opened a brand new position + 113 added to an existing one). Only 135 were sellers (89 trimmed + 46 sold completely). A clear majority buying is a strong confirmation signal.

📈

More new buyers each quarter (+71 vs last Q)

new funds entering per quarter

Funds opening a new LQDA position: 57 → 61 → 56 → 127. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.

📌

Mixed — 29% long-term, 45% new

■ 29% conviction (2yr+) ■ 26% medium ■ 45% new

Of the 333 current holders: 97 (29%) held >2 years, 86 held 1–2 years, and 150 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

💰

Value +118% but shares only +5% — price-driven

Value

+117%

+4%

Last quarter: the total dollar value of institutional holdings rose +118%, but actual share count only changed +5%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.

🚀

Acceleration phase — new buyers rushing in

38 → 57 → 61 → 56 → 127 new funds/Q

New funds entering each quarter: 57 → 61 → 56 → 127. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.

📊

Mixed cohorts — 39% veterans, 49% new entrants

■ 39% veterans ■ 12% 1-2yr ■ 49% new

Of 355 current holders: 138 (39%) held 2+ years, 43 held 1–2 years, 174 (49%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.

🏆

Elite ownership — 46% AUM from top-100 funds

46% from top-100 AUM funds

51 of 327 holders are among the 100 largest funds by AUM, controlling 46% of total institutional value in LQDA. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

5.0

out of 10

Moderate Exit Risk

Exit risk score 5.0/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Metric	All 13F Filers (2026 Q2)	Prior (2026 Q1)	Change
Funds Holding	327	252	29.76%
13F Shares	71M	68M	4.9%
Total Value	$5.46B	$2.51B	117.94%
New Positions	127	56	+71
Increased Positions	104	78	+26
Closed Positions	46	32	+14
Reduced Positions	80	80	-
Total Calls	15	20	-25.0%
Total Puts	13	18	-27.78%
PUT/CALL Ratio	0.87	0.9	Neutral

Metric

All 13F Filers (2026 Q2)

Prior (2026 Q1)

Change

Funds Holding

327

252

29.76%

13F Shares

71M

68M

4.9%

Total Value

$5.46B

$2.51B

117.94%

New Positions

127

+71

Increased Positions

104

+26

Closed Positions

+14

Reduced Positions

Total Calls

-25.0%

Total Puts

-27.78%

PUT/CALL Ratio

0.87

0.9

Neutral

Institutional Holders (2026 Q2)

327 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in LQDA. Verified SEC 13F-HR filings.

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 LQDA holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Findell Capital Management LLC	39.31%	3,502,112	$279.2M
2	Caligan Partners LP	30.45%	8,118,892	$647.3M
3	Purewater Capital LLC	21.86%	379,924	$30.3M
4	Buckley Capital Advisors, LLC	20.25%	410,044	$32.7M
5	Opaleye Management Inc.	17.67%	2,447,500	$195.1M
6	Findell Capital Management LLC	14.59%	1,300,100	$103.7M
7	T3 Companies, LLC	7.47%	87,800	$7.0M
8	MPM BioImpact LLC	6.74%	1,386,174	$110.5M
9	AWH Capital, L.P.	4.09%	73,000	$5.8M
10	Seven Fleet Capital Management LP	3.38%	256,603	$20.5M
11	Caprock Group, LLC	2.15%	1,409,759	$112.4M
12	Exome Asset Management LLC	1.93%	39,224	$3.1M
13	HighVista Strategies LLC	1.78%	97,896	$7.8M
14	Eversept Partners, LP	1.77%	428,652	$34.2M
15	Greenland Capital Management LP	1.69%	172,000	$13.7M
16	Hanseatic Management Services Inc	1.25%	21,298	$1.7M
17	Capricorn Fund Managers Ltd	1.15%	182,205	$14.5M
18	Apis Capital Advisors, LLC	1.09%	140,000	$11.2M
19	Insight Wealth Strategies, LLC	0.96%	124,067	$9.8M
20	Diametric Capital, LP	0.89%	105,781	$8.4M
21	Dv Equities, LLC	0.85%	74,500	$5.9M
22	Essex Investment Management Co LLC	0.78%	74,743	$6.0M
23	Oberweis Asset Management Inc/	0.67%	406,400	$32.4M
24	Boothbay Fund Management, LLC	0.65%	622,716	$49.6M
25	Yorktown Management & Research Co Inc	0.62%	12,700	$1.0M

Investor	Ownership History	% of Portfolio	Prev %	Rank	Conviction	Avg Buy Price	13F Score™ 3Y / 7Y	Sell Timing	Shares	Mkt Value	Change	Change %	Source	Quarter	Filed

Frequently Asked Questions — Liquidia Corporation (LQDA)

What does the Smart Money Trend signal show for LQDA?

Buying streak — 11 quarters in a row: For 11 consecutive quarters, more hedge funds added LQDA than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for LQDA?

More buyers than sellers — 64% buying: Last quarter: 240 funds were net buyers (127 opened a brand new position + 113 added to an existing one). Only 135 were sellers (89 trimmed + 46 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for LQDA holders?

Elite ownership — 46% AUM from top-100 funds: 51 of 327 holders are among the 100 largest funds by AUM, controlling 46% of total institutional value in LQDA. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held LQDA?

Mixed — 29% long-term, 45% new: Of the 333 current holders: 97 (29%) held >2 years, 86 held 1–2 years, and 150 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

Is it too late to buy Liquidia Corporation (LQDA) following the 2026 Q2 hedge fund 13F filings?

As of today, LQDA has moved -0.1% since the 2026 Q2 13F filing date (August 14, 2026), compared to +4.3% for the XLV sector ETF — an outperformance of -4.4%. Since the quarter end (June 30, 2026), LQDA has gained -6.8% vs +10.0% for XLV. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

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Liquidia Corporation (LQDA)

Smart Money Signals — LQDA

Buying streak — 11 quarters in a row

At the ownership peak (100% of max)

Fast accumulation — +84% more funds vs a year ago

More buyers than sellers — 64% buying

More new buyers each quarter (+71 vs last Q)

Mixed — 29% long-term, 45% new

Value +118% but shares only +5% — price-driven

Acceleration phase — new buyers rushing in

Mixed cohorts — 39% veterans, 49% new entrants

Elite ownership — 46% AUM from top-100 funds

Institutional Sentiment Summary — LQDA

Hedge Fund Ownership: LQDA

Market Analysis: LQDA

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: LQDA

Is It Too Late to Buy Liquidia Corporation (LQDA) Based on Hedge Fund 13F Filings?

Hedge Fund Positioning: LQDA

Statistics: LQDA

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q2)

Frequently Asked Questions — Liquidia Corporation (LQDA)

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