Lion Point Capital, LP Hedge Fund

CIK: 0001643354 · Show all filings

Period: Q3 2019 (← Previous) (Next →)

Filing Date: Nov 14, 2019

Total Value ($000): $896,748 (92.7% shares, 7.3% debt)

Holdings (26)

IWM ISHARES TR 22.1%

Value ($000) $198,331 Shares 1,310,500 Est. Cost — Unrealized —

— SPDR SERIES TRUST 10.1%

Value ($000) $90,647 Shares 4,054,000 Est. Cost — Unrealized —

CSIQ CANADIAN SOLAR INC 8.2%

Value ($000) $73,617 Shares 3,899,231 Est. Cost $15.37 Unrealized +41.5%

LSCC LATTICE SEMICONDUCTOR CORP 7.6%

Value ($000) $68,186 Shares 3,729,088 Est. Cost $5.75 Unrealized —

— ALDER BIOPHARMACEUTICALS INC 6.6%

Value ($000) $59,236 Shares 53,517,000 Est. Cost $0.95 Unrealized —

ACHC ACADIA HEALTHCARE COMPANY IN 5.7%

Value ($000) $51,234 Shares 1,648,472 Est. Cost $35.10 Unrealized -13.2%

— CARRIZO OIL & GAS INC 4.5%

Value ($000) $40,129 Shares 4,674,400 Est. Cost $15.67 Unrealized —

— MEDICINES CO 4.4%

Value ($000) $39,197 Shares 783,950 Est. Cost $39.73 Unrealized —

FSLR FIRST SOLAR INC 4.0%

Value ($000) $35,498 Shares 611,933 Est. Cost $64.07 Unrealized 0.0%

— ARCONIC INC 3.9%

Value ($000) $35,100 Shares 1,350,000 Est. Cost $20.56 Unrealized —

— DURECT CORP 3.8%

Value ($000) $34,500 Shares 18,750,000 Est. Cost $0.65 Unrealized —

AA ALCOA CORP 3.7%

Value ($000) $32,802 Shares 1,634,382 Est. Cost $23.57 Unrealized -15.8%

— PDC ENERGY INC 3.6%

Value ($000) $32,202 Shares 1,160,450 Est. Cost $40.68 Unrealized —

— PERSPECTA INC 2.6%

Value ($000) $23,508 Shares 900,000 Est. Cost $23.41 Unrealized —

— ALDER BIOPHARMACEUTICALS INC 2.5%

Value ($000) $22,718 Shares 1,204,600 Est. Cost $14.63 Unrealized —

LBTYAUSD LIBERTY GLOBAL PLC 2.2%

Value ($000) $19,800 Shares 800,000 Est. Cost $26.99 Unrealized —

EQT EQT CORP 1.0%

Value ($000) $8,559 Shares 804,450 Est. Cost $20.63 Unrealized -41.9%

— MEDICINES CO 0.7%

Value ($000) $6,025 Shares 5,000,000 Est. Cost $1.00 Unrealized —

EXTR EXTREME NETWORKS INC 0.7%

Value ($000) $5,906 Shares 811,835 Est. Cost $7.09 Unrealized +2.0%

— LOGICBIO THERAPEUTICS INC 0.6%

Value ($000) $5,405 Shares 500,000 Est. Cost $10.40 Unrealized —

— MARINUS PHARMACEUTICALS INC 0.6%

Value ($000) $5,314 Shares 3,451,034 Est. Cost $1.54 Unrealized —

— COMSCORE INC 0.4%

Value ($000) $3,671 Shares 1,922,241 Est. Cost $21.76 Unrealized —

— ENCANA CORP 0.2%

Value ($000) $2,072 Shares 450,544 Est. Cost $5.78 Unrealized —

— CIMAREX ENERGY CO 0.2%

Value ($000) $1,685 Shares 35,162 Est. Cost $47.92 Unrealized —

— OPES ACQUISITION CORP 0.1%

Value ($000) $871 Shares 83,438 Est. Cost $10.15 Unrealized —

— SRC ENERGY INC 0.1%

Value ($000) $535 Shares 115,004 Est. Cost $4.65 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IWM	ISHARES TR	1,310,500	$198,331	22.1%	—	—	Put	464287655
—	SPDR SERIES TRUST	4,054,000	$90,647	10.1%	—	—	Put	78464A730
CSIQ	CANADIAN SOLAR INC	3,899,231	$73,617	8.2%	$15.37	+41.5%	COM	136635109
LSCC	LATTICE SEMICONDUCTOR CORP	3,729,088	$68,186	7.6%	$5.75	—	COM	518415104
—	ALDER BIOPHARMACEUTICALS INC	53,517,000	$59,236	6.6%	$0.95	—	NOTE 2.500% 2/0	014339AA3
ACHC	ACADIA HEALTHCARE COMPANY IN	1,648,472	$51,234	5.7%	$35.10	-13.2%	COM	00404A109
—	CARRIZO OIL & GAS INC	4,674,400	$40,129	4.5%	$15.67	—	COM	144577103
—	MEDICINES CO	783,950	$39,197	4.4%	$39.73	—	COM	584688105
FSLR	FIRST SOLAR INC	611,933	$35,498	4.0%	$64.07	0.0%	COM	336433107
—	ARCONIC INC	1,350,000	$35,100	3.9%	$20.56	—	COM	03965L100
—	DURECT CORP	18,750,000	$34,500	3.8%	$0.65	—	COM	266605104
AA	ALCOA CORP	1,634,382	$32,802	3.7%	$23.57	-15.8%	COM	013872106
—	PDC ENERGY INC	1,160,450	$32,202	3.6%	$40.68	—	COM	69327R101
—	PERSPECTA INC	900,000	$23,508	2.6%	$23.41	—	COM	715347100
—	ALDER BIOPHARMACEUTICALS INC	1,204,600	$22,718	2.5%	$14.63	—	COM	014339105
LBTYAUSD	LIBERTY GLOBAL PLC	800,000	$19,800	2.2%	$26.99	—	SHS CL A	G5480U104
EQT	EQT CORP	804,450	$8,559	1.0%	$20.63	-41.9%	COM	26884L109
—	MEDICINES CO	5,000,000	$6,025	0.7%	$1.00	—	NOTE 2.750% 7/1	584688AG0
EXTR	EXTREME NETWORKS INC	811,835	$5,906	0.7%	$7.09	+2.0%	COM	30226D106
—	LOGICBIO THERAPEUTICS INC	500,000	$5,405	0.6%	$10.40	—	COM	54142F102
—	MARINUS PHARMACEUTICALS INC	3,451,034	$5,314	0.6%	$1.54	—	COM	56854Q101
—	COMSCORE INC	1,922,241	$3,671	0.4%	$21.76	—	COM	20564W105
—	ENCANA CORP	450,544	$2,072	0.2%	$5.78	—	COM	292505104
—	CIMAREX ENERGY CO	35,162	$1,685	0.2%	$47.92	—	COM	171798101
—	OPES ACQUISITION CORP	83,438	$871	0.1%	$10.15	—	UNIT 03/07/2023	68373P209
—	SRC ENERGY INC	115,004	$535	0.1%	$4.65	—	COM	78470V108