Checkpoint Capital L.P. Quant / Systematic

CIK: 0001977548 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 17, 2026

Total Value ($000): $320,096 (100.0% shares, 0.0% debt)

Holdings (7)

New Positions (1)

CORT CORCEPT THERAPEUTICS INC 1.4%

Value ($000) $4,465 Shares 128,300 Est. Cost $72.48 Unrealized +8.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CORT	CORCEPT THERAPEUTICS INC	128,300	$4,465	1.4%	$72.48	+8.4%	CALL	218352102

Increased Positions (4)

RYTM RHYTHM PHARMACEUTICALS INC 33.2%

Value ($000) $106,205 (+37.7%) Shares 992,200 (+29.9%) Est. Cost $57.26 Unrealized +85.2%

CORT CORCEPT THERAPEUTICS INC 4.4%

Value ($000) $13,969 (-57.2%) Shares 401,395 (+2.3%) Est. Cost $72.48 Unrealized +8.4%

CYTK CYTOKINETICS INC 3.3%

Value ($000) $10,600 (+413.1%) Shares 166,823 (+343.8%) Est. Cost $57.47 Unrealized +8.2%

IRON DISC MEDICINE INC 11.2%

Value ($000) $35,972 (+26.6%) Shares 452,992 (+5.3%) Est. Cost $58.37 Unrealized +44.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
RYTM	RHYTHM PHARMACEUTICALS INC	992,200 (+29.9%)	$106,205 (+37.7%)	33.2%	$57.26	+85.2%	COM	76243J105
CORT	CORCEPT THERAPEUTICS INC	401,395 (+2.3%)	$13,969 (-57.2%)	4.4%	$72.48	+8.4%	COM	218352102
CYTK	CYTOKINETICS INC	166,823 (+343.8%)	$10,600 (+413.1%)	3.3%	$57.47	+8.2%	COM NEW	23282W605
IRON	DISC MEDICINE INC	452,992 (+5.3%)	$35,972 (+26.6%)	11.2%	$58.37	+44.8%	COM	254604101

Exited Positions (4)

CRNX CRINETICS PHARMACEUTICALS IN 3.4%

Value ($000) $10,829 Shares 260,000 Est. Cost $31.97 Unrealized +39.2%

SEPN SEPTERNA INC 1.7%

Value ($000) $5,326 Shares 283,158 Est. Cost $11.42 Unrealized +109.2%

STOK STOKE THERAPEUTICS INC 1.6%

Value ($000) $4,983 Shares 212,049 Est. Cost $17.13 Unrealized +75.5%

KYMR KYMERA THERAPEUTICS INC 1.1%

Value ($000) $3,495 Shares 61,750 Est. Cost $41.40 Unrealized +63.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CRNX	CRINETICS PHARMACEUTICALS IN	260,000	$10,829	3.4%	$31.97	+39.2%	—	22663K107
SEPN	SEPTERNA INC	283,158	$5,326	1.7%	$11.42	+109.2%	—	81734D104
STOK	STOKE THERAPEUTICS INC	212,049	$4,983	1.6%	$17.13	+75.5%	—	86150R107
KYMR	KYMERA THERAPEUTICS INC	61,750	$3,495	1.1%	$41.40	+63.1%	—	501575104

Decreased Positions (2)

ARGX ARGENX SE 37.3%

Value ($000) $119,415 (+7.9%) Shares 142,000 (-5.3%) Est. Cost $464.20 Unrealized —

RVMD REVOLUTION MEDICINES INC 9.2%

Value ($000) $29,471 (+28.2%) Shares 370,000 (-24.8%) Est. Cost $42.98 Unrealized +52.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ARGX	ARGENX SE	142,000 (-5.3%)	$119,415 (+7.9%)	37.3%	$464.20	—	SPONSORED ADR	04016X101
RVMD	REVOLUTION MEDICINES INC	370,000 (-24.8%)	$29,471 (+28.2%)	9.2%	$42.98	+52.6%	COM	76155X100