FINDELL CAPITAL MANAGEMENT LLC LQDA — LIQUIDIA CORPORATION

Ownership history in FINDELL CAPITAL MANAGEMENT LLC  ·  18 quarters on record

AI Ownership Summary

FINDELL CAPITAL MANAGEMENT LLC reported LIQUIDIA CORPORATION (LQDA) in 18 quarterly 13F filings from 2024 Q1 through 2026 Q2. Peak portfolio weight reached 39.31% in 2026 Q2. The latest visible filing shows LQDA at 39.31% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings. Older history is available after unlock; the visible window still shows the most recent pattern.

What this LQDA ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was FINDELL CAPITAL MANAGEMENT LLC's position in LIQUIDIA CORPORATION, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2026 Q2

LQDA was reported at 39.31% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
39.31% in 2026 Q2

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2024 Q1 to 2026 Q2

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

LQDA stock page FINDELL CAPITAL MANAGEMENT LLC fund profile FINDELL CAPITAL MANAGEMENT LLC full holdings
How FINDELL CAPITAL MANAGEMENT LLC held LQDA — position size vs. price
% of Fund (quarterly)    LQDA price (quarter-end, indexed to 100)    SPY (indexed to 100)    QQQ (indexed to 100)
📋 Quarterly Holdings History 17 quarters  ▾
Quarter Action Sold % After 3M Timing Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2026 Q2 ADDED — — — 3,502,112 +2,202,012 +169.4% 39.31% $279.2M 2026-08-14 $74.44
2026 Q2 REDUCED — — — 1,300,100 -2,202,012 -62.9% 14.59% $103.7M 2026-08-14 $74.44
2026 Q1 ADDED — — — 3,502,112 +3,452,112 +6904.2% 38.71% $132.2M 2026-05-15 $56.93
2026 Q1 REDUCED 98.2% +99.0% ❌ 50,000 -2,801,449 -98.2% 0.55% $1.9M 2026-05-15 $56.93
2025 Q4 ADDED — — — 2,851,449 +1,651,449 +137.6% 28.28% $98.3M 2026-02-17 $33.84
2025 Q4 ADDED — — — 1,200,000 +1,044,000 +669.2% 11.90% $41.4M 2026-02-17 $33.84
2025 Q4 REDUCED 94.5% +9.4% ❌ 156,000 -2,674,000 -94.5% 1.55% $5.4M 2026-02-17 $33.84
2025 Q3 ADDED — — — 2,830,000 +1,319,800 +87.4% 25.40% $64.4M 2025-11-14 $28.04
2025 Q3 REDUCED 49.7% +52.8% ❌ 1,510,200 -1,489,800 -49.7% 13.55% $34.3M 2025-11-14 $28.04
2025 Q2 ADDED — — — 3,000,000 +2,900,000 +2900.0% 18.20% $37.4M 2025-08-14 $26.09
2025 Q2 REDUCED 96.5% +83.0% ❌ 100,000 -2,790,000 -96.5% 0.61% $1.2M 2025-08-14 $26.09
2025 Q1 REDUCED 6.2% -15.5% ✅ 2,890,000 -190,000 -6.2% 20.50% $42.6M 2025-05-15 $19.30
2024 Q4 REDUCED — — — 3,080,000 -113,539 -3.6% 14.82% $36.2M 2025-02-14 $16.20
2024 Q3 ADDED — — — 3,193,539 +793,539 +33.1% 16.08% $31.9M 2024-11-14 $10.03
2024 Q2 ADDED — — — 2,400,000 +2,000,000 +500.0% 13.89% $28.8M 2024-08-14 $13.74
2024 Q2 REDUCED 81.0% -16.7% ✅ 400,000 -1,705,000 -81.0% 2.32% $4.8M 2024-08-14 $13.74
2024 Q1 ADDED — — — 2,105,000 +19,000 +0.9% 16.28% $31.0M 2024-05-15 $12.29
1 older quarter hidden  —  Sign in free or upgrade to Premium to see full history

🏢 Other funds also holding LQDA

As of 2026 Q2 — sorted by position size

Caligan Partners LP 3Y 30.45% Purewater Capital LLC 21.86% Buckley Capital Advisors, LLC 20.25% Opaleye Management Inc. 3Y 7Y 17.67% T3 Companies, LLC 7.47% MPM BioImpact LLC 3Y 6.74% AWH Capital, L.P. 3Y 7Y 4.09% Seven Fleet Capital Management LP 3.38% Caprock Group, LLC 3Y 7Y 2.15% Exome Asset Management LLC 1.93%

FAQ About FINDELL CAPITAL MANAGEMENT LLC and LQDA

These are the practical questions this page is built to answer before you even open the full history table.

How long has FINDELL CAPITAL MANAGEMENT LLC reported owning LQDA?

FINDELL CAPITAL MANAGEMENT LLC reported LQDA across 17 quarterly 13F filings, from 2024 Q1 through 2026 Q2.

What was the largest reported LQDA position in FINDELL CAPITAL MANAGEMENT LLC's portfolio?

The largest reported portfolio weight for LQDA was 39.31% in 2026 Q2.

What is the latest reported LQDA position on this page?

The most recent filing on this page is 2026 Q2, when FINDELL CAPITAL MANAGEMENT LLC reported 3,502,112 shares, equal to 39.31% of portfolio, with an estimated market value of $279.2M.

What does the chart on this LQDA ownership page compare?

The chart compares FINDELL CAPITAL MANAGEMENT LLC's quarterly LQDA portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

How well did FINDELL CAPITAL MANAGEMENT LLC time their LQDA position?

Based on 13F filing dates vs. subsequent LQDA price moves, FINDELL CAPITAL MANAGEMENT LLC correctly timed 12 out of 17 reported position changes (71%). The annualised alpha on LQDA relative to SPY over the holding period was +526.7%.

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