California State Teachers Retirement System Boosts Stake in Liquidia by 8,055.4%
The California State Teachers Retirement System significantly increased its stake in Liquidia Corporation (NASDAQ:LQDA) by 8,055.4% in the second quarter, according to a recent SEC disclosure.
At the end of the period, the system owned approximately 5,907,594 shares of Liquidia's stock, valued at $471,012,000, or around 6.60% of the company's total equity.
This substantial increase is part of a broader trend in which institutional investors and hedge funds have been modifying their holdings in Liquidia during recent quarters.
Some notable examples include Covestor Ltd, PNC Financial Services Group Inc., Quantinno Capital Management LP, ProShare Advisors LLC, and Swiss National Bank, all of whom have increased their stakes in the company over the past few months.