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Portfolio (Quarterly) Guide ↗

Lion Point Capital, LP

· CIK 0001643354
13F Portfolio $19M AUM Filed Feb 17, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 39 New
Page 2 of 2  ·  39 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 BBIO BRIDGEBIO PHARMA INC Healthcare 5,000.0 $382K 1.98% NEW $76.49 -9.6%
22 MLYS MINERALYS THERAPEUTICS INC Healthcare 10,500.0 $381K 1.97% NEW $36.29 -17.7%
23 VENTYX BIOSCIENCES INC 41,500.0 $375K 1.94% NEW $9.03
24 LNTH LANTHEUS HLDGS INC Healthcare 5,500.0 $366K 1.89% NEW $66.55 +54.8%
25 DYN DYNE THERAPEUTICS INC Healthcare 18,000.0 $352K 1.82% NEW $19.56 -11.2%
26 QURE UNIQURE NV Healthcare 14,700.0 $352K 1.82% NEW $23.93 +1.1%
27 PCRX PACIRA PHARMACEUTICALS INC Healthcare 13,500.0 $349K 1.81% NEW $25.88 -9.8%
28 VTRS VIATRIS INC Healthcare 27,700.0 $345K 1.78% NEW $12.45 +33.7%
29 AZTA AZENTA INC Healthcare 9,700.0 $323K 1.67% NEW $33.26 -39.3%
30 RCKT ROCKET PHARMACEUTICALS INC Healthcare 86,000.0 $302K 1.56% NEW $3.51 -15.7%
31 JANX JANUX THERAPEUTICS INC Healthcare 19,000.0 $262K 1.36% NEW $13.80 +5.2%
32 EWTX EDGEWISE THERAPEUTICS INC Healthcare 9,100.0 $226K 1.17% NEW $24.82 +31.8%
33 INVA INNOVIVA INC Healthcare 8,200.0 $164K 0.85% NEW $19.99 +12.4%
34 ARQT ARCUTIS BIOTHERAPEUTICS INC Healthcare 5,250.0 $152K 0.79% NEW $29.04 -28.2%
35 IPHA INNATE PHARMA S A Healthcare 81,151.0 $142K 0.73% NEW $1.75 +4.6%
36 NERV MINERVA NEUROSCIENCES INC Healthcare 35,000.0 $141K 0.73% NEW $4.02 +30.8%
37 GHRS GH RESEARCH PLC Healthcare 10,200.0 $130K 0.67% NEW $12.70 +74.2%
38 SPRB SPRUCE BIOSCIENCES INC Healthcare 1,000.0 $87K 0.45% NEW $87.11 -41.4%
39 MERSANA THERAPEUTICS INC 100.0 $3K 0.01% NEW $28.93
Page 2 of 2  ·  39 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Healthcare 100.0%