Lion Point Capital, LP Hedge Fund

CIK: 0001643354 · Show all filings

Period: Q4 2023 (← Previous) (Next →)

Filing Date: Feb 14, 2024

Total Value ($000): $199,865 (99.7% shares, 0.3% debt)

Holdings (30)

SMTC SEMTECH CORP 28.3%

Value ($000) $56,481 Shares 2,577,855 Est. Cost $30.65 Unrealized -39.5%

SMTC SEMTECH CORP 27.4%

Value ($000) $54,775 Shares 2,500,000 Est. Cost $30.65 Unrealized -39.5%

IWM ISHARES TR 16.6%

Value ($000) $33,117 Shares 165,000 Est. Cost — Unrealized —

— MARINUS PHARMACEUTICALS INC 11.6%

Value ($000) $23,200 Shares 2,134,337 Est. Cost $11.62 Unrealized —

ARDX ARDELYX INC 3.6%

Value ($000) $7,140 Shares 1,151,667 Est. Cost $1.61 Unrealized +178.1%

MIST MILESTONE PHARMACEUTICALS IN 1.4%

Value ($000) $2,756 Shares 1,650,207 Est. Cost $3.77 Unrealized -28.0%

— HARPOON THERAPEUTICS INC 1.3%

Value ($000) $2,603 Shares 228,900 Est. Cost $8.73 Unrealized —

— BURGERFI INTERNATIONAL INC 1.2%

Value ($000) $2,361 Shares 2,745,938 Est. Cost $13.69 Unrealized —

— KINIKSA PHARMACEUTICALS LTD 1.1%

Value ($000) $2,292 Shares 130,691 Est. Cost $11.03 Unrealized —

INSM INSMED INC 1.1%

Value ($000) $2,180 Shares 70,335 Est. Cost $21.50 Unrealized +20.6%

BATL BATTALION OIL CORPORATION 1.1%

Value ($000) $2,135 Shares 222,182 Est. Cost $9.85 Unrealized -36.0%

— CYMABAY THERAPEUTICS INC 1.0%

Value ($000) $1,947 Shares 82,425 Est. Cost $3.21 Unrealized —

FENC FENNEC PHARMACEUTICALS INC 0.6%

Value ($000) $1,234 Shares 110,000 Est. Cost $8.31 Unrealized -0.4%

— AVADEL PHARMACEUTICALS PLC 0.6%

Value ($000) $1,130 Shares 80,000 Est. Cost $10.30 Unrealized —

— ENPHYS ACQUISITION CORP 0.4%

Value ($000) $834 Shares 78,125 Est. Cost $10.67 Unrealized —

SNDX SYNDAX PHARMACEUTICALS INC 0.4%

Value ($000) $746 Shares 34,500 Est. Cost $20.82 Unrealized -26.2%

— BLUEBIRD BIO INC 0.4%

Value ($000) $733 Shares 531,256 Est. Cost $3.29 Unrealized —

TVTX TRAVERE THERAPEUTICS INC 0.4%

Value ($000) $701 Shares 78,000 Est. Cost $14.11 Unrealized -48.4%

— TRAVERE THERAPEUTICS INC 0.3%

Value ($000) $671 Shares 1,000,000 Est. Cost $0.65 Unrealized —

HUMA HUMACYTE INC 0.3%

Value ($000) $667 Shares 235,000 Est. Cost $3.31 Unrealized -22.4%

— SERES THERAPEUTICS INC 0.2%

Value ($000) $477 Shares 340,761 Est. Cost $6.30 Unrealized —

MIRM MIRUM PHARMACEUTICALS INC 0.2%

Value ($000) $399 Shares 13,500 Est. Cost $23.32 Unrealized +29.8%

REPL REPLIMUNE GROUP INC 0.2%

Value ($000) $358 Shares 42,500 Est. Cost $18.22 Unrealized -36.4%

— LUMOS PHARMA INC 0.1%

Value ($000) $289 Shares 90,794 Est. Cost $6.23 Unrealized —

AMLX AMYLYX PHARMACEUTICALS INC 0.1%

Value ($000) $206 Shares 14,000 Est. Cost $15.33 Unrealized 0.0%

WHWK AADI BIOSCIENCE INC 0.1%

Value ($000) $166 Shares 82,423 Est. Cost $7.77 Unrealized -46.0%

ACRS ACLARIS THERAPEUTICS INC 0.1%

Value ($000) $122 Shares 115,898 Est. Cost $12.48 Unrealized -75.5%

— BURGERFI INTERNATIONAL INC 0.0%

Value ($000) $94 Shares 2,083,438 Est. Cost $0.05 Unrealized —

MSFT MICROSOFT CORP 0.0%

Value ($000) $38 Shares 100 Est. Cost $256.88 Unrealized +36.4%

GOOG ALPHABET INC 0.0%

Value ($000) $14 Shares 100 Est. Cost $95.84 Unrealized +40.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SMTC	SEMTECH CORP	2,577,855	$56,481	28.3%	$30.65	-39.5%	COM	816850101
SMTC	SEMTECH CORP	2,500,000	$54,775	27.4%	$30.65	-39.5%	Call	816850101
IWM	ISHARES TR	165,000	$33,117	16.6%	—	—	Put	464287655
—	MARINUS PHARMACEUTICALS INC	2,134,337	$23,200	11.6%	$11.62	—	COM NEW	56854Q200
ARDX	ARDELYX INC	1,151,667	$7,140	3.6%	$1.61	+178.1%	COM	039697107
MIST	MILESTONE PHARMACEUTICALS IN	1,650,207	$2,756	1.4%	$3.77	-28.0%	COM	59935V107
—	HARPOON THERAPEUTICS INC	228,900	$2,603	1.3%	$8.73	—	COM NEW	41358P205
—	BURGERFI INTERNATIONAL INC	2,745,938	$2,361	1.2%	$13.69	—	COM	12122L101
—	KINIKSA PHARMACEUTICALS LTD	130,691	$2,292	1.1%	$11.03	—	COM CL A	G5269C101
INSM	INSMED INC	70,335	$2,180	1.1%	$21.50	+20.6%	COM PAR $.01	457669307
BATL	BATTALION OIL CORPORATION	222,182	$2,135	1.1%	$9.85	-36.0%	COM	07134L107
—	CYMABAY THERAPEUTICS INC	82,425	$1,947	1.0%	$3.21	—	COM	23257D103
FENC	FENNEC PHARMACEUTICALS INC	110,000	$1,234	0.6%	$8.31	-0.4%	COM	31447P100
—	AVADEL PHARMACEUTICALS PLC	80,000	$1,130	0.6%	$10.30	—	SPONSORED ADR	05337M104
—	ENPHYS ACQUISITION CORP	78,125	$834	0.4%	$10.67	—	CL A ORD SHS	G3167L109
SNDX	SYNDAX PHARMACEUTICALS INC	34,500	$746	0.4%	$20.82	-26.2%	COM	87164F105
—	BLUEBIRD BIO INC	531,256	$733	0.4%	$3.29	—	COM	09609G100
TVTX	TRAVERE THERAPEUTICS INC	78,000	$701	0.4%	$14.11	-48.4%	COM	89422G107
—	TRAVERE THERAPEUTICS INC	1,000,000	$671	0.3%	$0.65	—	NOTE 2.250% 3/0	89422GAA5
HUMA	HUMACYTE INC	235,000	$667	0.3%	$3.31	-22.4%	COM	44486Q103
—	SERES THERAPEUTICS INC	340,761	$477	0.2%	$6.30	—	COM	81750R102
MIRM	MIRUM PHARMACEUTICALS INC	13,500	$399	0.2%	$23.32	+29.8%	COM	604749101
REPL	REPLIMUNE GROUP INC	42,500	$358	0.2%	$18.22	-36.4%	COM	76029N106
—	LUMOS PHARMA INC	90,794	$289	0.1%	$6.23	—	COM	55028X109
AMLX	AMYLYX PHARMACEUTICALS INC	14,000	$206	0.1%	$15.33	0.0%	COM	03237H101
WHWK	AADI BIOSCIENCE INC	82,423	$166	0.1%	$7.77	-46.0%	COM	00032Q104
ACRS	ACLARIS THERAPEUTICS INC	115,898	$122	0.1%	$12.48	-75.5%	COM	00461U105
—	BURGERFI INTERNATIONAL INC	2,083,438	$94	0.0%	$0.05	—	*W EXP 12/16/202	12122L119
MSFT	MICROSOFT CORP	100	$38	0.0%	$256.88	+36.4%	COM	594918104
GOOG	ALPHABET INC	100	$14	0.0%	$95.84	+40.5%	CAP STK CL C	02079K107