Lion Point Capital, LP Hedge Fund

CIK: 0001643354 · Show all filings

Period: Q3 2024 (← Previous) (Next →)

Filing Date: Nov 14, 2024

Total Value ($000): $44,907 (100.0% shares, 0.0% debt)

Holdings (25)

IWM ISHARES TR 40.6%

Value ($000) $18,223 Shares 82,500 Est. Cost — Unrealized —

INSM INSMED INC 8.5%

Value ($000) $3,811 Shares 52,200 Est. Cost $21.50 Unrealized +243.3%

GERN GERON CORP 6.4%

Value ($000) $2,860 Shares 630,000 Est. Cost $2.31 Unrealized +96.7%

ARDX ARDELYX INC 5.7%

Value ($000) $2,549 Shares 370,000 Est. Cost $1.61 Unrealized +265.8%

MIST MILESTONE PHARMACEUTICALS IN 5.6%

Value ($000) $2,514 Shares 1,654,154 Est. Cost $3.14 Unrealized -53.6%

BHVN BIOHAVEN LTD 3.9%

Value ($000) $1,769 Shares 35,400 Est. Cost $38.91 Unrealized 0.0%

MIRM MIRUM PHARMACEUTICALS INC 3.9%

Value ($000) $1,755 Shares 45,000 Est. Cost — Unrealized —

KNSA KINIKSA PHARMACEUTICALS LTD 3.4%

Value ($000) $1,534 Shares 61,400 Est. Cost $18.73 Unrealized +30.0%

BBIO BRIDGEBIO PHARMA INC 2.8%

Value ($000) $1,248 Shares 49,000 Est. Cost $27.34 Unrealized -4.0%

— MARINUS PHARMACEUTICALS INC 2.7%

Value ($000) $1,221 Shares 693,778 Est. Cost $11.62 Unrealized —

FENC FENNEC PHARMACEUTICALS INC 2.4%

Value ($000) $1,075 Shares 215,000 Est. Cost $8.27 Unrealized -30.0%

MLYS MINERALYS THERAPEUTICS INC 2.1%

Value ($000) $957 Shares 79,000 Est. Cost $12.41 Unrealized -2.4%

SNDX SYNDAX PHARMACEUTICALS INC 2.0%

Value ($000) $889 Shares 46,200 Est. Cost $21.52 Unrealized -4.0%

— AVADEL PHARMACEUTICALS PLC 1.9%

Value ($000) $839 Shares 64,000 Est. Cost $14.06 Unrealized —

— BLUEBIRD BIO INC 1.8%

Value ($000) $820 Shares 1,578,256 Est. Cost $1.39 Unrealized —

RGNX REGENXBIO INC 1.3%

Value ($000) $606 Shares 57,750 Est. Cost $15.56 Unrealized -21.7%

JSPR JASPER THERAPEUTICS INC 1.3%

Value ($000) $602 Shares 32,000 Est. Cost $17.76 Unrealized +12.1%

IRON DISC MEDICINE INC 0.8%

Value ($000) $378 Shares 7,700 Est. Cost $46.95 Unrealized 0.0%

BNTC BENITEC BIOPHARMA INC 0.8%

Value ($000) $358 Shares 39,000 Est. Cost $8.95 Unrealized 0.0%

ARQT ARCUTIS BIOTHERAPEUTICS INC 0.7%

Value ($000) $326 Shares 35,100 Est. Cost $9.87 Unrealized 0.0%

— SERES THERAPEUTICS INC 0.7%

Value ($000) $322 Shares 340,761 Est. Cost $6.30 Unrealized —

— LUMOS PHARMA INC 0.3%

Value ($000) $153 Shares 39,589 Est. Cost $6.23 Unrealized —

MSFT MICROSOFT CORP 0.1%

Value ($000) $43 Shares 100 Est. Cost $256.88 Unrealized +64.7%

— SPRUCE BIOSCIENCES INC 0.1%

Value ($000) $36 Shares 75,000 Est. Cost $0.79 Unrealized —

GOOG ALPHABET INC 0.0%

Value ($000) $17 Shares 100 Est. Cost $95.84 Unrealized +75.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IWM	ISHARES TR	82,500	$18,223	40.6%	—	—	Put	464287655
INSM	INSMED INC	52,200	$3,811	8.5%	$21.50	+243.3%	COM PAR $.01	457669307
GERN	GERON CORP	630,000	$2,860	6.4%	$2.31	+96.7%	COM	374163103
ARDX	ARDELYX INC	370,000	$2,549	5.7%	$1.61	+265.8%	COM	039697107
MIST	MILESTONE PHARMACEUTICALS IN	1,654,154	$2,514	5.6%	$3.14	-53.6%	COM	59935V107
BHVN	BIOHAVEN LTD	35,400	$1,769	3.9%	$38.91	0.0%	COM	G1110E107
MIRM	MIRUM PHARMACEUTICALS INC	45,000	$1,755	3.9%	—	—	Put	604749101
KNSA	KINIKSA PHARMACEUTICALS LTD	61,400	$1,534	3.4%	$18.73	+30.0%	ORD SHS CL A	G52694109
BBIO	BRIDGEBIO PHARMA INC	49,000	$1,248	2.8%	$27.34	-4.0%	COM	10806X102
—	MARINUS PHARMACEUTICALS INC	693,778	$1,221	2.7%	$11.62	—	COM NEW	56854Q200
FENC	FENNEC PHARMACEUTICALS INC	215,000	$1,075	2.4%	$8.27	-30.0%	COM	31447P100
MLYS	MINERALYS THERAPEUTICS INC	79,000	$957	2.1%	$12.41	-2.4%	COM	603170101
SNDX	SYNDAX PHARMACEUTICALS INC	46,200	$889	2.0%	$21.52	-4.0%	COM	87164F105
—	AVADEL PHARMACEUTICALS PLC	64,000	$839	1.9%	$14.06	—	COM SHS	G29687103
—	BLUEBIRD BIO INC	1,578,256	$820	1.8%	$1.39	—	COM	09609G100
RGNX	REGENXBIO INC	57,750	$606	1.3%	$15.56	-21.7%	COM	75901B107
JSPR	JASPER THERAPEUTICS INC	32,000	$602	1.3%	$17.76	+12.1%	COM NEW	471871202
IRON	DISC MEDICINE INC	7,700	$378	0.8%	$46.95	0.0%	COM	254604101
BNTC	BENITEC BIOPHARMA INC	39,000	$358	0.8%	$8.95	0.0%	COM NEW	08205P209
ARQT	ARCUTIS BIOTHERAPEUTICS INC	35,100	$326	0.7%	$9.87	0.0%	COM	03969K108
—	SERES THERAPEUTICS INC	340,761	$322	0.7%	$6.30	—	COM	81750R102
—	LUMOS PHARMA INC	39,589	$153	0.3%	$6.23	—	COM	55028X109
MSFT	MICROSOFT CORP	100	$43	0.1%	$256.88	+64.7%	COM	594918104
—	SPRUCE BIOSCIENCES INC	75,000	$36	0.1%	$0.79	—	COM	85209E109
GOOG	ALPHABET INC	100	$17	0.0%	$95.84	+75.5%	CAP STK CL C	02079K107