SEC 13F Intelligence

Managers / Q1 2022 · view latest →

Lion Point Capital, LP

CIK 0001643354 · 375 PARK AVE, SUITE 2609, NEW YORK, NY, 10152 · 212-356-6200

Reported Value
$431M
Q1 2022
Positions
35
Filings on Record
31
2019–present window
Filed
May 16, 2022
original filing

Summary

Lion Point Capital, LP reported $431M in U.S.-listed holdings across 35 positions for Q1 2022.

Its largest position, SWCHF, represents 8.4% of the portfolio.

Compared with Q4 2021, the fund opened 6 new positions and exited 5.

Portfolio Metrics

Turnover
+35.6%
vs prior filed quarter
Top-10 Concentration
+50.8%
share of reported value
Largest Position
+8.4%
Sierra Wireless
New / Exited
6 / 5
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $636MQ4 ’18Q1 ’19: $1.1BQ2 ’19: $1.0BQ3 ’19: $897MQ4 ’19: $1.1BQ4 ’19Q1 ’20: $379MQ2 ’20: $412MQ3 ’20: $456MQ4 ’20: $519MQ4 ’20Q1 ’21: $550MQ2 ’21: $579MQ3 ’21: $533MQ4 ’21: $373MQ4 ’21Q1 ’22: $431MQ2 ’22: $878MQ3 ’22: $454MQ4 ’22: $703MQ4 ’22Q1 ’23: $243MQ2 ’23: $221MQ3 ’23: $224MQ4 ’23: $200MQ4 ’23Q1 ’24: $179MQ2 ’24: $55MQ3 ’24: $45MQ4 ’24: $19MQ4 ’24Q1 ’25: $16MQ2 ’25: $15MQ3 ’25: $18MQ4 ’25: $19MQ4 ’25Q1 ’26: $17Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 74.6%ETP: 19.5%Other: 5.3%US DOMESTIC: 0.6%
  • Common Stock · 74.6% · $321M
  • ETP · 19.5% · $84M
  • Other · 5.3% · $23M
  • US DOMESTIC · 0.6% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
WTWISDOMTREE INVTS INCNEW+4.52M4.52M+$27M$27M
IBMINTERNATIONAL BUSINESS MACHSNEW+142.0K142.0K+$18M$18M
OPTUALTICE USA INCNEW+900.0K900.0K+$11M$11M
PDC ENERGY INCNEW+130.4K130.4K+$9M$9M
MISTMILESTONE PHARMACEUTICALS INNEW+683.6K683.6K+$4M$4M
IMARA INCNEW+834.8K834.8K+$2M$2M
KINIKSA PHARMACEUTICALS LTDADDED+425.0K480.0K+$4M$5M
XOPSPDR SER TRADDED+500.0K625.0K+$72M$84M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2022

30 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SWCHFSIERRA WIRELESS INChistory →COM8.42%$36M2.01M
2MARINUS PHARMACEUTICALS INCCOM NEW7.87%$34M3.63M
3WTWISDOMTREE INVTS INChistory →COM6.16%$27M4.52M
4CTI BIOPHARMA CORPCOM5.95%$26M5.49M
5CHRDOASIS PETROLEUM INChistory →COM NEW5.94%$26M175.0K
6ARCONIC CORPORATIONCOM4.98%$21M837.4K
7TRICIDA INCCOM3.48%$15M1.83M
8IVERIC BIO INCCOM2.76%$12M706.2K
9BURGERFI INTERNATIONAL INCCOM2.66%$11M2.75M
10OPTUALTICE USA INChistory →CL A2.61%$11M900.0K
11DURECT CORPCOM2.41%$10M15.49M
12CIVICIVITAS RESOURCES INChistory →COM NEW2.29%$10M165.0K
13PDC ENERGY INCCOM2.20%$9M130.4K
14RENEW ENERGY GLOBAL PLCCL A SHS1.91%$8M1.00M
15ENERPLUS CORPCOM1.69%$7M575.0K
16BATLBATTALION OIL CORPhistory →COM1.52%$7M352.9K
17KINIKSA PHARMACEUTICALS LTDCOM CL A1.11%$5M480.0K
18MISTMILESTONE PHARMACEUTICALS INhistory →COM1.02%$4M683.6K
19VASCULAR BIOGENICS LTDCOM1.02%$4M2.59M
20SERES THERAPEUTICS INCCOM0.80%$3M481.8K
21IQIYI INCNOTE 4.000%12/10.64%$3M4.00M
22IMARA INCCOM0.36%$2M834.8K
23INNOVIZ TECHNOLOGIES LTDSHS0.34%$1M400.0K
24AEGLEA BIOTHERAPEUTICS INCCOM0.16%$690,000300.0K
25ORIGIN MATERIALS INCCOM0.15%$658,000100.0K
26IBMINTERNATIONAL BUSINESS MACHSCOM0.15%$650,0005.0K
27LUMOS PHARMA INCCOM0.11%$481,00051.2K
28SDIGSTRONGHOLD DIGITAL MINING INCLASS A COM0.03%$117,00020.0K
29AAALCOA CORPCOM0.02%$90,0001.0K
30COMSCORE INCCOM0.00%$2,0001.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$17M35May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$19M39Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$18M27Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$15M19Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$16M21May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$19M19Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$45M25Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$55M27Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$179M32May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$200M30Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$224M31Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$221M30Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$243M31May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$703M32Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$454M41Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$878M40Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$431M35May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$373M33Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$533M38Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$579M34Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$550M30May 19, 2021RESTATEMENTchanges · EDGAR ↗
Q4 2020$519M24Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$456M24Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$412M24Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$379M25May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$1.1B26Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$897M26Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$1.0B24Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$1.1B24May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$636M35Feb 14, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.