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Dark Forest Capital Management’s Liquidia Corp LQDA Stock Holding History

Dark Forest Capital Management’s Portfolio LQDA Stock Details LQDA Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2025
Q3 		– Sell
-42,500
Closed -$530K – 1350
2025
Q2 		$530K Sell
42,500
-22,500
-35% -$333K 0.02% 915
2025
Q1 		$959K Buy
+65,000
New +$948K 0.04% 704

Other funds holding LQDA

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CP
Caligan Partners New York $1.5B AUM 518.95% 1-Year Est. Return
BlackRock
BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return
Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
FCM
Findell Capital Management New York $341M AUM 135.6% 1-Year Est. Return
Goldman Sachs
Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return
OM
Opaleye Management Boston, Massachusetts $759M AUM 124.8% 1-Year Est. Return
CG
Caprock Group Boise, Idaho $4.12B AUM
State Street
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return
TCM
TCG Crossover Management Palo Alto, California $3.5B AUM 1,165.83% 1-Year Est. Return

Dark Forest Capital Management's LQDA Position: Q3 2025 in Review

Dark Forest Capital Management sold out of Liquidia Corp (LQDA) in Q3 2025, closing a stake of 161,685 shares — an estimated $2.01M sold.

Dark Forest Capital Management first reported a position in LQDA in Q1 2023 and held it in 5 quarters. The position peaked at $2.97M in Q1 2025. 199 funds tracked by Wall St. Rank hold LQDA as of Q3 2025.

  • Dark Forest Capital Management reported no remaining Liquidia Corp position as of Q3 2025 after selling out during the quarter.
  • Dark Forest Capital Management sold 161,685 Liquidia Corp shares in Q3 2025, an estimated $2.01M.
  • Dark Forest Capital Management first reported a position in Liquidia Corp in Q1 2023 and held it in 5 quarters.
  • Dark Forest Capital Management's Liquidia Corp position peaked at $2.97M in Q1 2025.
  • 199 funds tracked by Wall St. Rank held Liquidia Corp as of Q3 2025.

Based on Dark Forest Capital Management's 13F filing for Q3 2025, filed 14 Nov 2025.