Laughing Water Capital’s Updates on Liquidia Corp (LQDA)
Laughing Water Capital, an investment management company, released its fourth-quarter 2025 investor letter.
| No. | Hedge Fund | Shares | Value | Activity | % Port |
|---|---|---|---|---|---|
| 1. | Farallon Capital Thomas Steyer | 8,565,638 | $194,782,608 | +103% | 0.8% |
| 2. | Caligan Partners David Johnson | 8,118,892 | $184,623,604 | 24.18% | |
| 3. | Findell Capital Management Brian Finn | 2,830,000 | $64,354,200 | -6% | 25.4% |
| 4. | Opaleye Management James A. Silverman | 2,615,000 | $59,465,100 | +6% | 8.41% |
| 5. | 2,000,000 | $45,480,000 | 0.08% |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $8.90 | 337,078 | $2,999,994.20 | 816,311 | 2024-09-12 | Filing | |
| $9.51 | 150,000 | $1,426,500.00 | 6,994,997 | 2024-08-30 | Filing | |
| $7.16 | 139,665 | $1,000,001.40 | 640,805 | 2023-12-14 | Filing | |
| $7.16 | 279,330 | $2,000,002.80 | 279,330 | 2023-12-14 | Filing | |
| $7.16 | 1,117,318 | $7,999,996.88 | 11,280,945 | 2023-12-14 | Filing |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $41.65 | 1,580 | $65,807.00 | 178,848 | 2026-01-26 | Filing | |
| $41.65 | 688 | $28,655.20 | 211,169 | 2026-01-26 | Filing | |
| $37.43 | 13,165 | $492,765.95 | 140,769 | 2026-01-12 | Filing | |
| $37.43 | 20,533 | $768,550.19 | 154,514 | 2026-01-12 | Filing | |
| $37.43 | 36,932 | $1,382,364.76 | 350,919 | 2026-01-12 | Filing |
| No. | Name | Shares | Value | % Port |
|---|---|---|---|---|
| 1. | 4,013,888 | $138,438,996 | 0% | |
| 2. | 1,783,921 | $61,527,435 | 1.3% | |
| 3. | 141,818 | $4,891,303 | 0.56% | |
| 4. | 111,762 | $3,854,671 | 0% | |
| 5. | 63,030 | $2,173,905 | 0.06% |