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STEMPOINT CAPITAL LP

Q3 2025 · Filed 2025-11-14
Market Value
$452M
+58.9%
Holdings
78
+20
New Purchases
37
Added To
15
Closed
10
Reduced
15
Top 10 Concentration
55.9%
Turnover
60.3%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
ROIV 14.04% 2.38% +11.66% $64M
QURE 6.74% 2.80% +3.94% $30M
ABVX 3.12% 0.24% +2.89% $14M
DNLI 5.57% 3.48% +2.09% $25M
ARGX 2.03% 0.00% +2.03% $9M
RVMD 1.91% 0.00% +1.91% $9M
XENE 1.71% 0.00% +1.71% $8M
CELC 1.49% 0.00% +1.49% $7M
WVE 3.42% 2.06% +1.36% $15M
DYN 1.33% 0.00% +1.33% $6M
GHRS 1.72% 0.43% +1.29% $8M
JAZZ 1.14% 0.00% +1.14% $5M
RNAM 1.10% 0.00% +1.10% $5M
IDYA 2.24% 1.23% +1.01% $10M
OCUL 0.93% 0.00% +0.93% $4M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
MRUS 0.00% 4.92% -4.92% $0
MDGL 0.83% 5.60% -4.77% $4M
ACLX 0.21% 4.66% -4.45% $934K
LEGN 0.00% 3.37% -3.37% $0
GERN 0.00% 3.29% -3.29% $0
SNDX 4.65% 7.81% -3.16% $21M
ZLAB 0.00% 3.08% -3.08% $0
CNTA 3.51% 5.84% -2.33% $16M
ALKS 1.60% 3.53% -1.93% $7M
LENZ 0.00% 1.89% -1.89% $0
RYTM 2.04% 3.92% -1.88% $9M
MLYS 1.33% 3.00% -1.68% $6M
IMVT 5.67% 7.31% -1.65% $26M
NUVL 0.00% 1.60% -1.60% $0
KALV 0.15% 1.54% -1.38% $691K

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 1 $2M 0.5%
Large Cap 12 $114M 25.3%
Mid Cap 26 $201M 44.4%
Small Cap 30 $123M 27.3%
Micro Cap 9 $11M 2.5%

Portfolio Analytics

Avg Market Cap
$12.4B
Median Market Cap
$2.0B
Avg P/E
22.9
Median P/E
17.1
Avg Dividend Yield
0.00%
Avg Beta
0.80
# Stocks
77
# ETFs / Funds
1

Top Holdings (78 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 ROIV 14.04% 4,197,187 $64M $15.13 $57M +3,595,406 +597.5%
2 QURE 6.74% 522,155 $30M $58.37 $22M -50,460 -8.8%
3 SRRK 5.98% 726,204 $27M $37.24 $8M +198,089 +37.5%
4 IMVT 5.67% 1,589,580 $26M $16.12 $5M +288,720 +22.2%
5 DNLI 5.57% 1,734,659 $25M $14.52 $15M +1,026,744 +145.0%
6 SNDX 4.65% 1,366,205 $21M $15.39 -$1M -1,006,429 -42.4%
7 CNTA 3.51% 655,385 $16M $24.25 -$738K -610,287 -48.2%
8 WVE 3.42% 2,110,152 $15M $7.32 $10M +1,209,814 +134.4%
9 CDTX 3.23% 152,325 $15M $95.76 $2M -114,449 -42.9%
10 ABVX 3.12% 166,273 $14M $84.90 $13M +78,525 +89.5%
11 IDYA 2.24% 371,825 $10M $27.21 $7M +205,940 +124.2%
12 RYTM 2.04% 91,444 $9M $100.99 -$2M -85,308 -48.3%
13 ARGX 2.03% 12,465 $9M $737.56 +12,465 NEW
14 RVMD 1.91% 185,380 $9M $46.70 +185,380 NEW
15 RZLT 1.91% 917,630 $9M $9.40 $6M +272,976 +42.3%
16 GHRS 1.72% 545,275 $8M $14.30 $7M +444,449 +440.8%
17 ARQT 1.72% 411,893 $8M $18.85 $5M +206,221 +100.3%
18 XENE 1.71% 192,295 $8M $40.15 +192,295 NEW
19 ALKS 1.60% 241,637 $7M $30.00 -$3M -109,487 -31.2%
20 CELC 1.49% 136,710 $7M $49.40 +136,710 NEW
21 BBIO 1.46% 127,435 $7M $51.94 $4M +72,805 +133.3%
22 INSM 1.38% 43,419 $6M $143.98 $54K -18,159 -29.5%
23 DYN 1.33% 474,612 $6M $12.65 +474,612 NEW
24 MLYS 1.33% 158,112 $6M $37.92 -$3M -473,474 -75.0%
25 AKRO 1.27% 121,410 $6M $47.48 -$467K +4,631 +4.0%
26 JAZZ 1.14% 39,072 $5M $131.80 +39,072 NEW
27 RNAM 1.10% 114,053 $5M $43.57 +114,053 NEW
28 OCUL 0.93% 359,470 $4M $11.69 +359,470 NEW
29 MDGL 0.83% 8,207 $4M $458.66 -$12M -44,487 -84.4%
30 AMLX 0.83% 276,884 $4M $13.59 +276,884 NEW
31 INCY 0.82% 43,754 $4M $84.81 +43,754 NEW
32 GPCR 0.80% 129,335 $4M $28.00 +129,335 NEW
33 TRVI 0.71% 350,710 $3M $9.15 +350,710 NEW
34 PTGX 0.70% 47,954 $3M $66.43 $2M +31,184 +185.9%
35 NKTR 0.67% 53,201 $3M $56.90 +53,201 NEW
36 TECX 0.66% 188,999 $3M $15.69 $2M +148,999 +372.5%
37 HROW 0.61% 57,619 $3M $48.18 +57,619 NEW
38 TSHA 0.61% 839,669 $3M $3.27 -$35K -364,272 -30.3%
39 EQ 0.60% 1,908,935 $3M $1.43 +1,908,935 NEW
40 UTHR 0.58% 6,264 $3M $419.21 +6,264 NEW
41 CGON 0.56% 63,019 $3M $40.28 +63,019 NEW
42 QQQ 0.50% 3,797 $2M $600.37 +3,797 NEW
43 BBOT 0.48% 186,614 $2M $11.58 +186,614 NEW
44 TNGX 0.46% 245,378 $2M $8.40 $992K +36,578 +17.5%
45 ORIC 0.44% 166,461 $2M $12.00 -$40K -34,324 -17.1%
46 XFOR 0.42% 555,411 $2M $3.42 +555,411 NEW
47 PEPG 0.40% 389,189 $2M $4.62 +389,189 NEW
48 DNTH 0.36% 41,382 $2M $39.35 +41,382 NEW
49 TARA 0.35% 363,666 $2M $4.35 -$2M -780,011 -68.2%
50 CMPS 0.35% 275,620 $2M $5.73 +275,620 NEW
51 PYXS 0.34% 689,538 $2M $2.22 +689,538 NEW
52 MBX 0.29% 75,000 $1M $17.50 -$297K -66,021 -46.8%
53 ADCT 0.25% 283,286 $1M $4.00 $374K
54 ACLX 0.21% 11,376 $934K $82.10 -$12M -190,076 -94.3%
55 ABUS 0.21% 205,388 $932K $4.54 +205,388 NEW
56 ENTA 0.20% 75,194 $900K $11.97 +75,194 NEW
57 ZBIO 0.19% 38,742 $860K $22.20 +38,742 NEW
58 WHWK 0.18% 424,082 $806K $1.90 +424,082 NEW
59 CRVS 0.16% 96,439 $711K $7.37 +96,439 NEW
60 KALV 0.15% 56,770 $691K $12.18 -$4M -330,020 -85.3%
61 MGTX 0.15% 81,858 $674K $8.23 +81,858 NEW
62 TERN 0.15% 89,617 $673K $7.51 +89,617 NEW
63 ARCT 0.15% 35,606 $656K $18.43 +35,606 NEW
64 VTYX 0.12% 167,470 $521K $3.11 +167,470 NEW
65 ATAI 0.09% 76,032 $402K $5.29 +76,032 NEW
66 CLPT 0.08% 16,651 $363K $21.79 +16,651 NEW
67 ADGI 0.07% 278,608 $306K $1.10 +278,608 NEW
68 IVA 0.04% 30,824 $178K $5.79 +30,824 NEW
69 VRNA —% -$701K -7,407 -100.0% SOLD
70 LENZ —% -$5M -183,912 -100.0% SOLD
71 NUVL —% -$5M -59,828 -100.0% SOLD
72 LEGN —% -$10M -270,144 -100.0% SOLD
73 MRUS —% -$14M -266,094 -100.0% SOLD
74 REGN —% -$2M -4,672 -100.0% SOLD
75 GERN —% -$9M -6,649,244 -100.0% SOLD
76 ZLAB —% -$9M -250,438 -100.0% SOLD
77 EYPT —% -$3M -329,254 -100.0% SOLD
78 JANX —% -$2M -89,933 -100.0% SOLD

Options Breakdown

10 Calls $1M Call Value 2 Puts $735K Put Value 0.58 P/C Ratio

Top Calls

SymbolSharesValueStatus
CNTA 172,500 $906K NEW
IONS 50,000 $138K NEW
CRSP 40,000 $59K NEW
SNDX 100,000 $55K NEW
IMVT 250,000 $50K
ARKG 200,000 $30K NEW
SRRK 18,400 $24K NEW
ABUS 95,000 $10K NEW
ROIV $0 SOLD
GERN $0 SOLD

Top Puts

SymbolSharesValueStatus
XBI 1,490,100 $725K NEW
AKRO 15,500 $10K NEW

New Positions

SymbolValue% Port
ARGX $9M 2.03%
RVMD $9M 1.91%
XENE $8M 1.71%
CELC $7M 1.49%
DYN $6M 1.33%
JAZZ $5M 1.14%
RNAM $5M 1.10%
OCUL $4M 0.93%
AMLX $4M 0.83%
INCY $4M 0.82%
GPCR $4M 0.80%
TRVI $3M 0.71%
NKTR $3M 0.67%
HROW $3M 0.61%
EQ $3M 0.60%

Sold Out Positions

SymbolValue% Port
JANX —%
LENZ —%
GERN —%
EYPT —%
REGN —%
NUVL —%
LEGN —%
ZLAB —%
MRUS —%
VRNA —%
View SEC EDGAR Filings for STEMPOINT CAPITAL LP →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms