Lipocine LPCN Institutional Ownership

NASDAQ LPCN

$1.46 -0.14 (-8.75%)

At close: Oct 22, 2026 · 4:00 PM EDT

Institutions by Trading Activity

35 Institutions

Increased 18 51.4%

Unchanged 14 40.0%

Reduced 3 8.6%

Ownership Statistics

13F · as of 30 Jun, 2026

Institutional Ownership

36.15%

▼-5.57 pp QoQ

Shares Held by Institutions

2.98Mn

of 8.24Mn outstanding

▼-4.43% QoQ

Shares Outstanding

8.24Mn

5.26Mn held outside 13F filers

Institutional Investors

filed 13F for Jun 2026

▼-12 vs prior quarter

Net Shares Added (QoQ)

-138.09K

distributed since last quarter

Value of Holdings

$4.35Mn

reported market value

Shares Owned by Institutions

Shares held % of outstanding

Latest —

Average ownership —

Peak ownership —

Shares Purchased/Sold by Institutions

Accumulated Distributed

Latest quarter —

Net over range —

Accumulating quarters —

Ownership Summary

Updated Oct 10, 2026

Lipocine Inc. (NASDAQ:LPCN) had 35 institutional holders reporting a position on Form 13F for the quarter ended June 30, 2026.

Together they owned 36.15% of the outstanding stock in Q2 2026, down from 41.72% a quarter earlier.
Total shares held in Lipocine fell 4.43% versus Q1 2026, while the number of holders rose 105.88% versus Q2 2025.
Among the 35 holders of Lipocine, 18 added to their positions, 3 reduced their stakes and 14 left their positions unchanged.
Combined, institutional investors held 2.98Mn shares of LPCN as of Q2 2026, down 138.09K from the prior quarter and up 2.45Mn from a year earlier.
Squadron Capital Management LLC led 13F holders of LPCN with 810K shares as of June 30, 2026, or 9.83% of shares outstanding.
Among holders that already owned Lipocine, the biggest buyers in Q2 2026 were Squadron Capital Management LLC (+360K shares), Jane Street Group, LLC (+75.2K shares), Citadel Advisors LLC (+52.13K shares), Two Sigma Investments, LP (+51.14K shares) and Renaissance Technologies LLC (+30.71K shares).
Among holders that kept a stake in Lipocine, the biggest sellers in Q2 2026 were Birchview Capital, LP (-95.07K shares), Seven Fleet Capital Management LP (-46.1K shares) and Tower Research Capital LLC (-255 shares).
According to Business Quant data, the leading holders of LPCN for Q2 2026 were Squadron Capital Management LLC (810K shares), Ikarian Capital, LLC (508.56K shares), Eversept Partners, LP (294.99K shares), Vanguard Capital Management LLC (230.82K shares), Acadian Asset Management LLC (170.42K shares), Boothbay Fund Management, LLC (140.49K shares), Jane Street Group, LLC (95.23K shares), BlackRock, Inc. (89.27K shares), Two Sigma Investments, LP (84.89K shares) and Citadel Advisors LLC (81.22K shares).

Form 13F Holdings

35 Institutional Holders

Report period 30 Jun, 2026

Total shares held 2.98Mn

Of outstanding 36.15%

#	Institution	CIK	Shares Held	% of Outstanding	Change (QoQ)	Change (%)	Value (USD)
1	Squadron Capital Management LLC	0002050709	810,000	9.83%	▲360,000	+80.00%	$2.07Mn
2	Ikarian Capital, LLC	0001778253	508,556	6.17%	0	0.00%	$1.30Mn
3	Eversept Partners, LP	0001697013	294,989	3.58%	0	0.00%	$755.17K
4	VANGUARD CAPITAL MANAGEMENT LLC	0002100119	230,823	2.80%	▲30,155	+15.03%	$590.91K
5	ACADIAN ASSET MANAGEMENT LLC	0000916542	170,417	2.07%	▲170,417	0.00%	$435
6	BOOTHBAY FUND MANAGEMENT, LLC	0001549230	140,487	1.70%	0	0.00%	$359.65K
7	JANE STREET GROUP, LLC	0001595888	95,227	1.16%	▲75,200	+375.49%	$243.78K
8	BlackRock, Inc.	0002012383	89,272	1.08%	0	0.00%	$228.54K
9	TWO SIGMA INVESTMENTS, LP	0001179392	84,887	1.03%	▲51,137	+151.52%	$217.31K
10	CITADEL ADVISORS LLC	0001423053	81,221	0.99%	▲52,133	+179.23%	$207.93K
11	Seven Fleet Capital Management LP	0002092021	78,842	0.96%	▼46,100	-36.90%	$201.84K
12	GEODE CAPITAL MANAGEMENT, LLC	0001214717	74,477	0.90%	▲11,342	+17.96%	$190.76K
13	RENAISSANCE TECHNOLOGIES LLC	0001037389	69,209	0.84%	▲30,712	+79.78%	$177.18K
14	VANGUARD FIDUCIARY TRUST CO	0000933478	54,539	0.66%	▲22,126	+68.26%	$139.62K
15	DIMENSIONAL FUND ADVISORS LP	0000354204	36,775	0.45%	▲17,653	+92.32%	$94.14K
16	HRT FINANCIAL LP	0001475597	29,238	0.35%	▲29,238	0.00%	$74
17	SUSQUEHANNA INTERNATIONAL GROUP, LLP	0001446194	25,376	0.31%	▲468	+1.88%	$64.96K
18	State Street Corp	0000093751	22,407	0.27%	0	0.00%	$57.36K
19	GSA CAPITAL PARTNERS LLP	0001362033	18,666	0.23%	▲18,666	0.00%	$48
20	Birchview Capital, LP	0001618205	16,712	0.20%	▼95,074	-85.05%	$42.78K

Showing 1 to 20 of 35 holders