Soleus Capital Management’s Liquidia Corp LQDA Stock Holding History

Soleus 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 Q4	–	Sell	-50,000	Closed	-$1.14M	–	110
2025 Q3	$1.14M	Buy	+50,000	New	+$1.08M	0.06%	79
2024 Q2	–	Sell	-10,000	Closed	-$148K	–	103
2024 Q1	$148K	Hold	10,000	–	–	0.01%	90
2023 Q4	$120K	Sell	10,000 -165,000	-94%	-$1.19M	0.01%	73
2023 Q3	$1.11M	Hold	175,000	–	–	0.1%	77
2023 Q2	$1.37M	Buy	+175,000	New	+$1.36M	0.15%	80
2022 Q2	–	Sell	-293,485	Closed	-$2.11M	–	78
2022 Q1	$2.11M	Buy	293,485 +62,000	+27%	+$390K	0.27%	54
2021 Q4	$1.13M	Buy	+231,485	New	+$923K	0.11%	60

Other funds holding LQDA

FCM

Farallon Capital Management San Francisco, California $17.5B AUM 50.95% 1-Year Est. Return

Caligan Partners New York $1.5B AUM 518.95% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

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

Opaleye Management Boston, Massachusetts $759M AUM 124.8% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Caprock Group Boise, Idaho $4.12B AUM

TCM

TCG Crossover Management Palo Alto, California $3.5B AUM 1,165.83% 1-Year Est. Return

Soleus Capital Management's LQDA Position: Q4 2025 in Review

Soleus Capital Management sold out of Liquidia Corp (LQDA) in Q4 2025, closing a stake of 50,000 shares — an estimated $1.14M sold.

Soleus Capital Management first reported a position in LQDA in Q4 2021 and held it in 7 quarters. The position peaked at $2.11M in Q1 2022. 226 funds tracked by Wall St. Rank hold LQDA as of Q4 2025.

Soleus Capital Management reported no remaining Liquidia Corp position as of Q4 2025 after selling out during the quarter.
Soleus Capital Management sold 50,000 Liquidia Corp shares in Q4 2025, an estimated $1.14M.
Soleus Capital Management first reported a position in Liquidia Corp in Q4 2021 and held it in 7 quarters.
Soleus Capital Management's Liquidia Corp position peaked at $2.11M in Q1 2022.
226 funds tracked by Wall St. Rank held Liquidia Corp as of Q4 2025.

Based on Soleus Capital Management's 13F filing for Q4 2025, filed 12 Feb 2026.