Lion Point Capital, LP

CIK: 0001643354SEC EDGAR →

Portfolio Value

$19.3M

Holdings

39

As of

Q4 2025

New Positions

9

Closed Positions

0

Top 10 Holdings

RankStockSharesValue% of Portfolio
1

CUE BIOPHARMA INC

2,202,854$672.0M
3477.72%
2

MILESTONE PHARMACEUTICALS IN

755,000$1.5M
7.89%
3

PRAXIS PRECISION MEDICINES I

4,450$1.3M
6.78%
4

MOONLAKE IMMUNOTHERAPEUTICS

67,500$889K
4.60%
5

FENNEC PHARMACEUTICALS INC

112,434$865K
4.48%
6

JASPER THERAPEUTICS INC

465,000$850K
4.40%
7

BENITEC BIOPHARMA INC

62,000$835K
4.32%
8

ROYALTY PHARMA PLC

21,400$826K
4.27%
9

GERON CORP

578,000$762K
3.94%
10

SYNDAX PHARMACEUTICALS INC

36,000$756K
3.91%

Quarterly Changes

Top Buys

CUENEW
$672.0M
SRPTNEW
$613K
VTYXNEW
$374K
LNTHNEW
$366K
DYNNEW
$352K

Top Sells

MLYS↓ Decreased
$1.1M
PRAX↓ Decreased
$1.0M
AVDLCLOSED
$912K
KNSACLOSED
$909K
IM8NCLOSED
$900K

New Positions (15)

$672.0M · 2.2M shares
$613K · 29K shares
$374K · 42K shares
$366K · 6K shares
$352K · 18K shares
$351K · 15K shares
$349K · 14K shares
$344K · 28K shares
$322K · 10K shares
$262K · 19K shares
$225K · 9K shares
$163K · 8K shares
$142K · 81K shares
$140K · 35K shares
$129K · 10K shares

Closed Positions (3)

$912K · 60K shares
$909K · 23K shares
$900K · 6K shares

Sector Breakdown

Sector# HoldingsValue%
Healthcare36$689.0M99.8%
Unknown3$1.6M0.2%