Institutional ownership reported to the SEC as of Q3 2026, across 32 quarters.
Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| Insight Wealth Strategies, LLC | $3.2M | 107,389 | 0.32% | 4q | -13.4%-$504.7K |
| Whitcomb & Hess, Inc. | $757.5K | 25,034 | 0.16% | 10q | -13.0%-$113.3K |
| SAPIENT CAPITAL LLC | $544.7K | 18,000 | 0.01% | 9q | -60.9%-$847.3K |
| Wedmont Private Capital | $261.8K | 9,343 | 0.01% | 5q | HELD |
| GAMMA Investing LLC | $54.3K | 1,795 | 0.00% | 11q | +16.6%+$7.7K |
| Farther Finance Advisors, LLC | $8.4K | 279 | 0.00% | 12q | +47.6%+$2.7K |
| MassMutual Private Wealth & Trust, FSB | $4.6K | 153 | 0.00% | 7q | -3.2% |
| Versant Capital Management, Inc | $696 | 23 | 0.00% | new | NEW |
| Davis Capital Management | $121 | 4 | 0.00% | 2q | HELD |
| Noble Wealth Management PBC | $61 | 2 | 0.00% | new | NEW |
| ATWOOD & PALMER INC | $31 | 1 | 0.00% | 2q | HELD |
| GILPIN WEALTH MANAGEMENT, LLC | $31 | 1 | 0.00% | 2q | -88.9% |
Anyone crossing 5% of a company must say so within days - far sooner than the next quarterly holdings report. A 13D declares an intent to influence the company; a 13G is the passive version. See all activist filings →
| Filed | Form | Filer | % of class |
|---|---|---|---|
| 2026-08-14 | 13G/A | Paul B Manning INDIVIDUALwith 2 co-filers | 6.5% |
| 2026-08-04 | 13G/A | Farallon Capital Management, L.L.C.with 28 co-filers | 9.4% |
| 2026-07-08 | 13G/A | BlackRock, Inc. | 11.9% |
Open market purchases and sales reported on Form 4 in the last 180 days. Grants, option exercises and shares surrendered to cover tax are left out: they are compensation rather than a decision to buy or sell. Where a broker filled one order in tranches the lines are summed, because it was one decision.
| Date | Insider | Role | Side | Shares | Value |
|---|---|---|---|---|---|
| 2026-06-11 | Bloch Stephen M | Director | Sold | 242,269 | $17.1M ×7 |
| 2026-05-11 | Bloch Stephen M | Director | Sold | 318,893 | $16.0M ×6 |
| 2026-06-04 | Manning Paul B | Director | Sold | 200,000 | $12.8M ×5 |
| 2026-06-08 | Bloch Stephen M | Director | Sold | 148,301 | $9.6M ×3 |
| 2026-06-10 | Bloch Stephen M | Director | Sold | 145,954 | $9.6M ×3 |
| 2026-07-23 | Bloch Stephen M | Director | Sold | 100,000 | $8.9M ×2 |
| 2026-07-22 | Bloch Stephen M | Director | Sold | 100,000 | $8.8M ×3 |
| 2026-06-12 | Bloch Stephen M | Director | Sold | 111,049 | $7.9M ×2 |
| 2026-06-22 | Bloch Stephen M | Director | Sold | 100,000 | $7.6M ×2 |
| 2026-10-05 | Bloch Stephen M | Director | Sold | 235,477 | $6.4M |
| 2026-06-15 | Bloch Stephen M | Director | Sold | 85,062 | $6.1M ×2 |
| 2026-07-21 | Bloch Stephen M | Director | Sold | 75,000 | $6.0M ×2 |
Concentration
A patent ruling on 30 September 2026 cut Liquidia roughly in half in a session. For seven institutions it was more than a twentieth of everything they managed, and for one it was most of it.
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 12 | $4.9M | 162,024 | 2 | 2 | 5 | 0.0% |
| Q2 2026 | 345 | $7.0B | 76,723,492 | 129 | 103 | 81 | 12.9% |
| Q1 2026 | 252 | $2.7B | 61,872,946 | 53 | 71 | 80 | 13.5% |
| Q4 2025 | 234 | $2.5B | 62,004,337 | 55 | 64 | 72 | 13.7% |
| Q3 2025 | 211 | $1.9B | 64,636,899 | 63 | 62 | 57 | 20.4% |
| Q2 2025 | 180 | $762.3M | 57,587,885 | 38 | 62 | 54 | 5.8% |
| Q1 2025 | 170 | $829.6M | 55,258,612 | 25 | 63 | 51 | 1.7% |
| Q4 2024 | 167 | $657.1M | 51,520,109 | 28 | 66 | 36 | 4.7% |
| Q3 2024 | 156 | $565.9M | 52,839,527 | 34 | 50 | 46 | 6.6% |
| Q2 2024 | 140 | $588.8M | 46,438,480 | 29 | 58 | 34 | 5.4% |
| Q1 2024 | 142 | $788.1M | 47,626,618 | 44 | 44 | 35 | 10.9% |
| Q4 2023 | 121 | $483.8M | 36,726,808 | 28 | 42 | 31 | 8.7% |
| Q3 2023 | 102 | $192.3M | 28,522,373 | 18 | 26 | 30 | 5.9% |
| Q2 2023 | 102 | $235.0M | 29,128,428 | 25 | 35 | 26 | 2.7% |
| Q1 2023 | 91 | $208.1M | 29,467,663 | 17 | 30 | 25 | 2.1% |
| Q4 2022 | 87 | $202.4M | 29,475,407 | 10 | 24 | 31 | 7.3% |
| Q3 2022 | 95 | $138.5M | 21,047,247 | 27 | 34 | 22 | 17.3% |
| Q2 2022 | 84 | $103.3M | 23,008,892 | 37 | 21 | 20 | 2.9% |
| Q1 2022 | 66 | $101.9M | 14,074,704 | 24 | 24 | 11 | 0.8% |
| Q4 2021 | 46 | $52.8M | 10,713,448 | 11 | 19 | 7 | 1.2% |
| Q3 2021 | 40 | $29.1M | 10,324,394 | 0 | 13 | 18 | 2.1% |
| Q2 2021 | 52 | $31.3M | 10,642,614 | 17 | 10 | 19 | 2.7% |
| Q1 2021 | 57 | $33.3M | 11,897,580 | 12 | 14 | 12 | 4.0% |
| Q4 2020 | 54 | $34.4M | 11,093,203 | 15 | 17 | 12 | 4.8% |
| Q3 2020 | 61 | $78.4M | 15,810,582 | 7 | 29 | 15 | 0.7% |
| Q2 2020 | 76 | $160.5M | 19,057,637 | 33 | 32 | 6 | 0.0% |
| Q1 2020 | 48 | $46.3M | 9,820,122 | 8 | 10 | 17 | 0.0% |
| Q4 2019 | 47 | $56.7M | 13,247,347 | 6 | 18 | 10 | 0.0% |
| Q3 2019 | 44 | $37.4M | 10,517,321 | 5 | 17 | 12 | 0.0% |
| Q2 2019 | 44 | $88.3M | 11,043,291 | 9 | 25 | 4 | 0.0% |
| Q1 2019 | 46 | $121.5M | 10,675,059 | 19 | 19 | 4 | 0.0% |
| Q4 2018 | 33 | $159.9M | 7,369,665 | 0 | 0 | 2 | 0.0% |