Lion Point Capital, LP Hedge Fund

CIK: 0001643354 · Show all filings

Period: Q1 2025 (← Previous) (Next →)

Filing Date: May 15, 2025

Total Value ($000): $15,676 (100.0% shares, 0.0% debt)

Holdings (21)

INSM INSMED INC 14.8%

Value ($000) $2,327 Shares 30,500 Est. Cost $21.50 Unrealized +255.8%

ARDX ARDELYX INC 10.5%

Value ($000) $1,647 Shares 335,400 Est. Cost $1.61 Unrealized +232.9%

MLYS MINERALYS THERAPEUTICS INC 8.0%

Value ($000) $1,255 Shares 79,000 Est. Cost $12.41 Unrealized -7.3%

FENC FENNEC PHARMACEUTICALS INC 7.6%

Value ($000) $1,192 Shares 195,700 Est. Cost $8.27 Unrealized -22.3%

KNSA KINIKSA PHARMACEUTICALS LTD 6.5%

Value ($000) $1,019 Shares 45,900 Est. Cost $18.73 Unrealized +9.9%

BBIO BRIDGEBIO PHARMA INC 5.7%

Value ($000) $899 Shares 26,000 Est. Cost $27.34 Unrealized +23.3%

BNTC BENITEC BIOPHARMA INC 5.1%

Value ($000) $807 Shares 62,000 Est. Cost $9.63 Unrealized +25.6%

GERN GERON CORP 5.1%

Value ($000) $795 Shares 500,000 Est. Cost $2.31 Unrealized +5.3%

— AVADEL PHARMACEUTICALS PLC 4.9%

Value ($000) $773 Shares 98,700 Est. Cost $11.87 Unrealized —

ARQT ARCUTIS BIOTHERAPEUTICS INC 4.6%

Value ($000) $724 Shares 46,300 Est. Cost $10.13 Unrealized +39.0%

SNDX SYNDAX PHARMACEUTICALS INC 4.3%

Value ($000) $676 Shares 55,000 Est. Cost $20.81 Unrealized -32.2%

JSPR JASPER THERAPEUTICS INC 4.0%

Value ($000) $630 Shares 146,500 Est. Cost $9.08 Unrealized -26.7%

BHVN BIOHAVEN LTD 3.5%

Value ($000) $546 Shares 22,700 Est. Cost $38.91 Unrealized -9.4%

IRON DISC MEDICINE INC 3.4%

Value ($000) $526 Shares 10,600 Est. Cost $49.93 Unrealized +11.4%

MIST MILESTONE PHARMACEUTICALS IN 2.8%

Value ($000) $439 Shares 548,806 Est. Cost $3.14 Unrealized -36.6%

RGNX REGENXBIO INC 2.6%

Value ($000) $413 Shares 57,750 Est. Cost $15.56 Unrealized -52.2%

— BLUEBIRD BIO INC 2.5%

Value ($000) $385 Shares 78,912 Est. Cost $8.34 Unrealized —

— SERES THERAPEUTICS INC 1.5%

Value ($000) $239 Shares 340,761 Est. Cost $6.30 Unrealized —

— MERSANA THERAPEUTICS INC 1.4%

Value ($000) $222 Shares 644,000 Est. Cost $0.34 Unrealized —

HUMA HUMACYTE INC 0.9%

Value ($000) $142 Shares 83,500 Est. Cost $3.75 Unrealized 0.0%

— SPRUCE BIOSCIENCES INC 0.1%

Value ($000) $22 Shares 75,000 Est. Cost $0.79 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
INSM	INSMED INC	30,500	$2,327	14.8%	$21.50	+255.8%	COM PAR $.01	457669307
ARDX	ARDELYX INC	335,400	$1,647	10.5%	$1.61	+232.9%	COM	039697107
MLYS	MINERALYS THERAPEUTICS INC	79,000	$1,255	8.0%	$12.41	-7.3%	COM	603170101
FENC	FENNEC PHARMACEUTICALS INC	195,700	$1,192	7.6%	$8.27	-22.3%	COM	31447P100
KNSA	KINIKSA PHARMACEUTICALS LTD	45,900	$1,019	6.5%	$18.73	+9.9%	ORD SHS CL A	G52694109
BBIO	BRIDGEBIO PHARMA INC	26,000	$899	5.7%	$27.34	+23.3%	COM	10806X102
BNTC	BENITEC BIOPHARMA INC	62,000	$807	5.1%	$9.63	+25.6%	COM NEW	08205P209
GERN	GERON CORP	500,000	$795	5.1%	$2.31	+5.3%	COM	374163103
—	AVADEL PHARMACEUTICALS PLC	98,700	$773	4.9%	$11.87	—	COM SHS	G29687103
ARQT	ARCUTIS BIOTHERAPEUTICS INC	46,300	$724	4.6%	$10.13	+39.0%	COM	03969K108
SNDX	SYNDAX PHARMACEUTICALS INC	55,000	$676	4.3%	$20.81	-32.2%	COM	87164F105
JSPR	JASPER THERAPEUTICS INC	146,500	$630	4.0%	$9.08	-26.7%	COM NEW	471871202
BHVN	BIOHAVEN LTD	22,700	$546	3.5%	$38.91	-9.4%	COM	G1110E107
IRON	DISC MEDICINE INC	10,600	$526	3.4%	$49.93	+11.4%	COM	254604101
MIST	MILESTONE PHARMACEUTICALS IN	548,806	$439	2.8%	$3.14	-36.6%	COM	59935V107
RGNX	REGENXBIO INC	57,750	$413	2.6%	$15.56	-52.2%	COM	75901B107
—	BLUEBIRD BIO INC	78,912	$385	2.5%	$8.34	—	COM NEW	09609G209
—	SERES THERAPEUTICS INC	340,761	$239	1.5%	$6.30	—	COM	81750R102
—	MERSANA THERAPEUTICS INC	644,000	$222	1.4%	$0.34	—	COM	59045L106
HUMA	HUMACYTE INC	83,500	$142	0.9%	$3.75	0.0%	COM	44486Q103
—	SPRUCE BIOSCIENCES INC	75,000	$22	0.1%	$0.79	—	COM	85209E109