Lion Point Capital, LP — 13F Holdings & Portfolio

CIK 1643354 · latest 13F-HR filed 2026-08-14

Lion Point Capital, LP manages $20.9M in 13F-reported U.S. long-equity assets across 35 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are CUE (7.99%), PRAX (7.13%), MLTX (6.29%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 1 new position, exited 1, added to 21, and trimmed 7.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Filer Information
Address
375 PARK AVE
SUITE 2609
NEW YORK, NY 10152
Phone
(212) 356-6200
Filing Manager
Lion Point Capital, LP
NEW YORK, NY
Signatory
Irshad Karim
General Counsel and Chief Compliance Officer
Loading holdings…
AUM

$20.9M

Long-equity book

Holdings

35

Distinct positions

Period

2026-06-30

Filed 2026-08-14

Q/Q Activity

+1 / −1 / ↑21 / ↓7

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • COMPASS PATHWAYS PLC$689.6K +155.9%
  • FENNEC PHARMACEUTICALS INC$517.2K +74.8%
  • UNIQURE NV$436.7K +181.7%
  • BIOHAVEN LTD$331.9K +75.9%
  • LANTHEUS HLDGS INC$193.0K +46.3%
Show all 21 →

Top Trims

  • JASPER THERAPEUTICS INC-$211.7K -52.0%
  • GERON CORP-$121.4K -14.1%
  • ARDELYX INC-$114.5K -14.9%
  • SAREPTA THERAPEUTICS INC-$108.0K -17.4%
  • SYNDAX PHARMACEUTICALS INC-$54.0K -6.4%
Show all 7 →

New Positions

  • CUE BIOPHARMA INC$1.7M
Show all 1 →

Exited Positions

  • CUE BIOPHARMA INC$506.4K
Show all 1 →
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 CUE BIOPHARMA INC CUE 22978P205 $1.7M 7.99% 52,928 SH
2 PRAXIS PRECISION MEDICINES I PRAX 74006W207 $1.5M 7.13% 4,450 SH
3 MOONLAKE IMMUNOTHERAPEUTICS MLTX 61559X104 $1.3M 6.29% 67,500 SH
4 FENNEC PHARMACEUTICALS INC FENC 31447P100 $1.2M 5.78% 112,434 SH
5 ROYALTY PHARMA PLC RPRX G7709Q104 $1.2M 5.74% 21,400 SH
6 COMPASS PATHWAYS PLC CMPS 20451W101 $1.1M 5.41% 80,000 SH
7 MILESTONE PHARMACEUTICALS IN MIST 59935V107 $1.1M 5.26% 820,000 SH
8 BENITEC BIOPHARMA INC BNTC 08205P209 $829.6K 3.97% 62,000 SH
9 SYNDAX PHARMACEUTICALS INC SNDX 87164F105 $787.0K 3.76% 36,000 SH
10 BIOHAVEN LTD BHVN G1110E107 $769.3K 3.68% 51,700 SH
11 GERON CORP GERN 374163103 $739.8K 3.54% 578,000 SH
12 UNIQURE NV QURE N90064101 $677.1K 3.24% 14,700 SH
13 ARDELYX INC ARDX 039697107 $656.1K 3.14% 128,650 SH
14 LANTHEUS HLDGS INC LNTH 516544103 $610.2K 2.92% 5,500 SH
15 DISC MEDICINE INC IRON 254604101 $592.4K 2.83% 8,100 SH
16 SAREPTA THERAPEUTICS INC SRPT 803607100 $512.1K 2.45% 28,500 SH
17 HUMACYTE INC HUMA 44486Q103 $507.3K 2.43% 650,000 SH
18 KURA ONCOLOGY INC KURA 50127T109 $504.6K 2.41% 46,000 SH
19 VIATRIS INC VTRS 92556V106 $439.9K 2.10% 27,700 SH
20 DYNE THERAPEUTICS INC DYN 26818M108 $399.8K 1.91% 18,000 SH
21 BRIDGEBIO PHARMA INC BBIO 10806X102 $372.4K 1.78% 5,000 SH
22 EDGEWISE THERAPEUTICS INC EWTX 28036F105 $369.7K 1.77% 9,100 SH
23 PACIRA BIOSCIENCES INC PCRX 695127100 $342.5K 1.64% 13,500 SH
24 REGENXBIO INC RGNX 75901B107 $318.7K 1.52% 26,600 SH
25 ROCKET PHARMACEUTICALS INC RCKT 77313F106 $294.1K 1.41% 86,000 SH
26 JANUX THERAPEUTICS INC JANX 47103J105 $291.8K 1.40% 19,000 SH
27 MINERALYS THERAPEUTICS INC MLYS 603170101 $283.3K 1.36% 10,500 SH
28 GH RESEARCH PLC GHRS G3855L106 $274.2K 1.31% 10,200 SH
29 SERES THERAPEUTICS INC MCRB 81750R201 $249.1K 1.19% 31,570 SH
30 AZENTA INC AZTA 114340102 $247.5K 1.18% 9,700 SH
31 JASPER THERAPEUTICS INC JSPR 471871202 $195.8K 0.94% 465,000 SH
32 INNOVIVA INC INVA 45781M101 $186.2K 0.89% 8,200 SH
33 INNATE PHARMA S A IPHA 45781K204 $149.3K 0.71% 81,151 SH
34 ARCUTIS BIOTHERAPEUTICS INC ARQT 03969K108 $137.7K 0.66% 5,250 SH
35 SPRUCE BIOSCIENCES INC SPRB 85209E208 $54.0K 0.26% 1,000 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-14 $20.9M 35 0001013594-26-000908
2026-03-31 2026-05-15 $16.7M 35 0001013594-26-000605
2025-12-31 2026-02-17 $19.3M 39 0001013594-26-000252
2025-09-30 2025-11-14 $17.6M 27 0001013594-25-001425