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Stempoint Capital LP

CIK:0001952142
Hedge Fund
$625M AUM
53 holdings
New York, NY, United States
Founded:2023
6 employees
Latest filing:Jun 30, 2025

StemPoint Capital LP is a hedge fund headquartered in New York, NY, founded in 2023 by Michelle Ross and Sean Tan. The firm specializes in the global life sciences sector, particularly biopharma and biotechnology, and employs a research-driven approach to equity investing. As of 2025, it serves institutional and high-net-worth clients, with approximately 6 employees.

Investment Strategy

StemPoint Capital pursues a long-biased, biopharma-focused long/short equity strategy, investing across large-cap pharmaceuticals and small/mid-cap biotechnology firms. The fund employs a fundamental, science-driven research process to identify sector trends and disease indications, aiming to capture both growth and defensive attributes for absolute returns through varying market cycles. Sector exposure is diversified across the life sciences, with top holdings frequently in innovative biotech and pharma companies.

Latest 13F Filing Activity

Stempoint Capital LP filed their most recent 13F report on Jun 30, 2025 disclosing 50 equity positions and 3 options positions with a total 13F market value of $312M. The fund increased holdings in Cidara Therapeutics Inc., Legend Biotech Corp., Rhythm Pharmaceuticals Inc. among other positions. Stempoint Capital LP reduced exposure to Roivant Sciences LTD, Revolution Medicines Inc., Xenon Pharmaceuticals Inc. among others.

Top Buys
C
CDTXCIDARA THERAPEUTICS INC
+$13.0M
L
LEGNLEGEND BIOTECH CORP
+$9.6M
R
RYTMRHYTHM PHARMACEUTICALS INC
+$9.4M
M
MLYSMINERALYS THERAPEUTICS INC
+$8.6M
C
CNTACENTESSA PHARMACEUTICALS PLC
+$8.1M
Top Sells
R
ROIVROIVANT SCIENCES LTD
-$19.2M
R
RVMDREVOLUTION MEDICINES INC
-$11.3M
X
XENEXENON PHARMACEUTICALS INC
-$9.2M
N
NUVLNUVALENT INC
-$8.9M
J
JANXJANUX THERAPEUTICS INC
-$7.2M

Top Holdings

S
SNDXSYNDAX PHARMACEUTICALS INC
+7.1%$22.2M
I
IMVTIMMUNOVANT INC
+6.7%$20.8M
S
SRRKSCHOLAR ROCK HLDG CORP
+6.0%$18.7M
C
CNTACENTESSA PHARMACEUTICALS PLC
+5.3%$16.6M
M
MDGLMADRIGAL PHARMACEUTICALS INC
+5.1%$15.9M

Equity Positions (50)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
SYNDAX PHARMACEUTICALS INC7.13%$22.2M2,372,634$15.19$9.37+$2.6M
IMMUNOVANT INC6.68%$20.8M1,300,860$25.15$16.00+$6.2M
SCHOLAR ROCK HLDG CORP6.00%$18.7M528,115$35.40$35.42+$502.1K
CENTESSA PHARMACEUTICALS PLC5.34%$16.6M1,265,672$14.79$13.14+$8.1M
MADRIGAL PHARMACEUTICALS INC5.12%$15.9M52,694$324.85$302.64+$2.4M

Options Positions (3)

TickerSecurityActionTypeNotional ValueContractsUnderlying PricePremium PaidChange (Contracts)Change (Value)
ROIVANT SCIENCES LTDNew
Call
$617.6K9,150$11.27$11.27+9,150+$617.6K
IMMUNOVANT INCNew
Call
$310.0K1,000$16.00$16.00+1,000+$310.0K
GERON CORPNew
Call
$52.5K3,000$1.41$1.41+3,000+$52.5K

Industry Allocation

PHARMACEUTICAL PREPARATIONS
+72.9%
BIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES)
+26.7%
SERVICES-MEDICAL LABORATORIES
+1.4%
BLANK CHECKS
+0.8%
SERVICES-COMMERCIAL PHYSICAL & BIOLOGICAL RESEARCH
+0.7%