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Lion Point Capital, LP

CIK:0001643354
Hedge Fund
$518M AUM
19 holdings
New York, NY, United States
Founded:2014
25 employees
Latest filing:Jun 30, 2025

Lion Point Capital is a global investment firm that seeks to invest in equity and debt securities of undervalued public and private companies, employing a value-oriented investment philosophy to activist opportunities across the capital structure.

Investment Strategy

Global special situations with a focus on value-oriented investment and activist opportunities

Latest 13F Filing Activity

Lion Point Capital, LP filed their most recent 13F report on Jun 30, 2025 disclosing 19 equity positions with a total 13F market value of $15M. The fund increased holdings in Milestone Pharmaceuticals in, Fennec Pharmaceuticals Inc., Kiniksa Pharmaceuticals Intl among other positions. Lion Point Capital, LP reduced exposure to Insmed Inc., Bluebird Bio Inc., Ardelyx Inc. among others.

Top Buys
M
MISTMILESTONE PHARMACEUTICALS IN
+$625.6K
F
FENCFENNEC PHARMACEUTICALS INC
+$432.5K
K
KNSAKINIKSA PHARMACEUTICALS INTL
+$250.6K
B
BBIOBRIDGEBIO PHARMA INC
+$223.9K
M
MCRBSERES THERAPEUTICS INC
+$189.3K
Top Sells
I
INSMINSMED INC
-$1.3M
B
BLUEBLUEBIRD BIO INC
-$385.1K
A
ARDXARDELYX INC
-$332.0K
M
MCRBSERES THERAPEUTICS INC
-$238.5K
B
BHVNBIOHAVEN LTD
-$225.4K

Top Holdings

F
FENCFENNEC PHARMACEUTICALS INC
+11.0%$1.6M
A
ARDXARDELYX INC
+8.9%$1.3M
K
KNSAKINIKSA PHARMACEUTICALS INTL
+8.6%$1.3M
B
BBIOBRIDGEBIO PHARMA INC
+7.6%$1.1M
I
INSMINSMED INC
+7.3%$1.1M

Equity Positions (19)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
FENNEC PHARMACEUTICALS INC11.03%$1.6M195,700$8.59$8.30+$432.5K
ARDELYX INC8.93%$1.3M335,400$2.55$3.92-$332.0K
KINIKSA PHARMACEUTICALS INTL8.62%$1.3M45,900$18.00$27.67+$250.6K
BRIDGEBIO PHARMA INC7.62%$1.1M26,000$25.20$43.18+$223.9K
INSMED INC7.28%$1.1M10,650$21.29$100.64-$1.3M

Industry Allocation

PHARMACEUTICAL PREPARATIONS
+86.0%
BIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES)
+15.9%
BLANK CHECKS
+4.0%