Spruce Street Capital LP — 13F Holdings & Portfolio

CIK 2050194 · latest 13F-HR filed 2026-05-14

Spruce Street Capital LP manages $415.9M in 13F-reported U.S. long-equity assets across 28 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are RLMD (10.34%), KNSA (8.81%), LBRX (8.09%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 7 new positions, exited 6, added to 17, and trimmed 3.

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.

Loading holdings…
AUM

$415.9M

Long-equity book

Holdings

28

Distinct positions

Period

2026-03-31

Filed 2026-05-14

Q/Q Activity

+7 / −6 / ↑17 / ↓3

vs 2025-12-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • ALTO NEUROSCIENCE INC$25.1M +634.0%
  • RELMADA THERAPEUTICS INC$23.3M +117.9%
  • DIANTHUS THERAPEUTICS IN$19.1M +155.6%
  • KINIKSA PHARMACEUTICALS I$18.7M +104.2%
  • CENTESSA PHARMACEUTICALS$17.5M +897.4%
Show all 17

Top Trims

  • ERASCA INC-$7.6M -52.8%
  • VAXCYTE INC-$4.2M -22.7%
  • INHIBIKASE THERAPEUTI-$1.3M -18.0%
Show all 3

New Positions

  • ALKERMES PLC$11.2M
  • PERSPECTIVE THERAPEUTICS$11.0M
  • ALUMIS INC$8.6M
  • MAZE THERAPEUTICS INC$6.0M
  • AN2 THERAPEUTICS INC$5.6M
Show all 7

Exited Positions

  • CIDARA THERAPEUTICS INC$51.3M
  • EYEPOINT INC$17.9M
  • OCULAR THERAPEUTIX INC$9.5M
  • ABIVAX SA$6.6M
  • CYBIN INC$6.3M
Show all 6
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 RELMADA THERAPEUTICS INC RLMD 75955J402 $43.0M 10.34% 6,262,114 SH
2 KINIKSA PHARMACEUTICALS I KNSA G52694109 $36.6M 8.81% 761,063 SH
3 LB PHARMACEUTICALS INC LBRX 50180M108 $33.6M 8.09% 1,376,159 SH
4 DIANTHUS THERAPEUTICS IN DNTH 252828108 $31.3M 7.53% 373,274 SH
5 RELAY THERAPEUTICS INC RLAY 75943R102 $29.7M 7.14% 2,984,125 SH
6 ALTO NEUROSCIENCE INC ANRO 02157Q109 $29.1M 7.00% 1,325,210 SH
7 CENTESSA PHARMACEUTICALS CNTA 152309100 $19.5M 4.68% 489,849 SH
8 SAVARA INC SVRA 805111101 $18.5M 4.44% 3,383,175 SH
9 KALVISTA PHARMACEUTICALS KALV 483497103 $18.1M 4.34% 897,681 SH
10 VAXCYTE INC PCVX 92243G108 $14.3M 3.43% 245,709 SH
11 ENLIVEN THERAPEUTICS INC ELVN 29337E102 $12.9M 3.10% 329,006 SH
12 SURROZEN INC COM NEW SRZN 86889P208 $12.6M 3.03% 432,040 SH
13 ENANTA PHARMACEUTICALS I ENTA 29251M106 $11.8M 2.83% 932,598 SH
14 ALKERMES PLC ALKS G01767105 $11.2M 2.70% 317,992 SH
15 PERSPECTIVE THERAPEUTICS CATX 46489V302 $11.0M 2.63% 2,627,107 SH
16 MINERVA NEUROSCIENC NERV 603380205 $10.0M 2.40% 1,655,500 SH
17 CENTURY THERAPEUTICS IPSC 15673T100 $9.2M 2.21% 4,059,054 SH
18 ALUMIS INC ALMS 022307102 $8.6M 2.08% 392,574 SH
19 SAB BIOTHERAPEUTICS IN SABS 78397T202 $8.4M 2.02% 2,198,502 SH
20 ERASCA INC ERAS 29479A108 $6.8M 1.64% 422,543 SH
21 INHIBIKASE THERAPEUTI IKT 45719W205 $6.0M 1.45% 3,581,603 SH
22 MAZE THERAPEUTICS INC MAZE 578784100 $6.0M 1.44% 200,000 SH
23 AN2 THERAPEUTICS INC ANTX 037326105 $5.6M 1.34% 1,661,073 SH
24 LEXEO THERAPEUTICS INC LXEO 52886X107 $5.3M 1.28% 928,593 SH
25 HELIX ACQUISITION CORP III HLXC G4444S107 $5.1M 1.22% 500,000 SH
26 ALECTOR INC ALEC 014442107 $4.5M 1.09% 2,101,068 SH
27 LEONABIO INC LONA 04746L203 $3.8M 0.92% 393,701 SH
28 CORVUS PHARMACEUTICALS I CRVS 221015100 $3.4M 0.81% 231,585 SH
Filing History
Period Filed AUM Holdings Accession
2026-03-31 2026-05-14 $415.9M 28 0002050194-26-000004
2025-12-31 2026-02-13 $302.7M 27 0002050194-26-000001