Laughing Water
LQDA · Medicine & biotech

Liquidia

Makes Yutrepia, an inhaled medicine for a rare lung disease.
Owns it

What the manager says

In short: Lung-disease drug maker awaiting a key patent ruling against a rival.

The numbers

Share of the fund
Not disclosed
Named in
Q2 2026 letter
Also owned by
No other fund we follow
More about Liquidia
This fund doesn’t file the government report, so share counts aren’t public.
Not investment advice. Holdings come from public SEC reports and the funds’ own letters, and can be up to 4½ months old. How this works