Arkolith/Funds/Kynam Capital Management, LP

Kynam Capital Management, LP

CIK 1907884Hedge fund
Holdings as of Mar 31, 2026·disclosed May 15, 2026·~45-day 13F lag·13F-HR
Active Filer

Kynam Capital Management, LP holds a focused book of 36 stocks worth $1.6B as of Q1 2026 (disclosed May 15, 2026, a ~45-day 13F lag). This quarter they opened Urogen Pharma Ltd and trimmed Celldex Therapeutics Inc. Their largest long position is Syndax Pharmaceuticals Inc at 12% of the equity book. They also disclosed $21.8M in put options (a bearish bet) and $23.8M in call options (bullish), shown separately below and excluded from the equity book.

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holdings, largest changes, and filing provenance.
Opened
4
new positions
Added to
12
existing
Trimmed
9
reduced
Sold out
3
exited

Concentration

Top-heavy: focused book

Top 5 holdings
53%
Top 10 holdings
72%
Top 20 holdings
91%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Direct sector allocation

96% mapped to company sectors

Health Care
96%
ETF / fund or unclassified
4%

Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices, no cost basis

Bought
Trimmed / exited

Holdings: largest first

Bars show each stock's share of the portfolio. Click a row for its position history.

36 positions
#SecurityValueShares% PortLast moveHistory
1Syndax Pharmaceuticals Inc
COM
$188.1M8.05M
11.9%
Held
2Celldex Therapeutics Inc New
COM NEW
$185.3M5.84M
11.8%
−1.7%
Reduced · −103K sh
3Vaxcyte Inc
COM
$169.8M2.92M
10.8%
Held
4Cogent Biosciences Inc
COM
$155.4M4.04M
9.9%
−35%
Reduced · −2.1M sh
5Vera Therapeutics Inc
CL A
$136.7M3.40M
8.7%
−1.0%
Reduced · −35K sh
6Beam Therapeutics Inc
COM
$87.7M3.68M
5.6%
+51%
Added · +1.2M sh
7Cytomx Therapeutics Inc.
COM
$70.6M15.01M
4.5%
+67%
Added · +6.0M sh
8Biocryst Pharmaceuticals Inc
COM
$54.1M5.68M
3.4%
−39%
Reduced · −3.7M sh
9Travere Therapeutics Inc
COM
$46.6M1.57M
3.0%
+203%
Added · +1.1M sh
10Viridian Therapeutics Inc
COM
$45.8M2.34M
2.9%
+59%
Added · +871K sh
11Cullinan Therapeutics Inc
COM
$44.3M3.11M
2.8%
Held
12Urogen Pharma Ltd
COM
$40.4M2.25M
2.6%
New
New position
13Kalvista Pharmaceuticals Inc
COM
$36.7M1.82M
2.3%
+0.6%
Added · +10K sh
14Apellis Pharmaceuticals Inc
COM
$33.2M825.0K
2.1%
−9.2%
Reduced · −84K sh
15Legend Biotech Corp
SPONSORED ADS
$28.5M1.58M
1.8%
New
New position
16MBX Biosciences Inc
COM
$27.9M934.8K
1.8%
Held
17Immunocore Hldgs PLC
ADS
$26.7M884.9K
1.7%
+3.3%
Added · +28K sh
18Sutro Biopharma Inc
COM SHS
$21.7M872.6K
1.4%
+82%
Added · +393K sh
19Burning Rock Biotech Ltd
SPONSORED ADS
$19.8M1.23M
1.3%
+23%
Added · +233K sh
20Soleno Therapeutics Inc
COM
$18.7M560.0K
1.2%
New
New position
21Nurix Therapeutics Inc
COM
$18.5M1.19M
1.2%
−39%
Reduced · −776K sh
22Pharvaris N V
COM
$18.1M640.4K
1.1%
Held
23Evommune Inc
COM SHS
$14.4M625.5K
0.9%
+237%
Added · +440K sh
24Relay Therapeutics Inc
COM
$14.2M1.42M
0.9%
Held
25Geron Corp
COM
$10.2M6.84M
0.6%
+98%
Added · +3.4M sh
26Engene Holdings Inc
COM
$9.2M1.36M
0.6%
−9.1%
Reduced · −136K sh
27Design Therapeutics Inc
COM
$8.3M784.6K
0.5%
Held
28Wave Life Sciences Ltd
SHS
$7.0M965.2K
0.4%
−56%
Reduced · −1.2M sh
29Climb Bio Inc
COM
$6.9M1.00M
0.4%
−2.4%
Reduced · −25K sh
30Amarin Corp PLC
SPONSORED ADR
$6.8M472.4K
0.4%
+21%
Added · +83K sh
31Biohaven Ltd
COM
$5.9M702.9K
0.4%
Held
32Prelude Therapeutics Inc
COM
$5.4M1.59M
0.3%
+102%
Added · +804K sh
33Caribou Biosciences Inc
COM
$4.8M2.50M
0.3%
Held
34Alector Inc
COM
$4.3M2.00M
0.3%
Held
35Proqr Thrapeutics N V
SHS EURO
$2.5M1.57M
0.2%
Held
36Candel Therapeutics Inc
COM
$980K200.0K
0.1%
New
New position
Showing all 36 positions

Largest options & derivatives disclosed

Put / call positions from the 13F — totals include every disclosed option leg

Put notional (bearish)$21.8M
Call notional (bullish)$23.8M
TypeUnderlyingNotional valueUnderlying shares
CALL · bullishTRAVERE THERAPEUTICS INCTVTX$23.8M800K
PUT · bearishREVOLUTION MEDICINES INCRVMD$20.2M208K
PUT · bearishTRAVERE THERAPEUTICS INCTVTX$1.6M55K

13F filers disclose option positions at the market value of the underlying the contracts reference, not the premium paid. A put is a bearish bet (it gains if the stock falls); a call is bullish. “Underlying shares” is the share count the contracts control, not a share holding. These legs are excluded from the equity book, weighting, concentration and sector figures above.

Filing history

As-of date vs the date the SEC received each filing

QuarterAs ofFiledPositionsValueForm
Q1 2026Mar 31, 2026May 15, 202639$1.6B13F-HR
Q4 2025Dec 31, 2025Feb 17, 202637$1.6B13F-HR
Q3 2025Sep 30, 2025Nov 14, 202535$1.3B13F-HR
Q2 2025Jun 30, 2025Aug 14, 202531$928.8M13F-HR

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly ~45 days after quarter-end. Public domain. The book and weighting are long equity only; disclosed put/call options are listed separately and excluded from those totals. Price-derived performance is withheld until the price-source policy and freshness gate are green.