Filed: 2/18/2026ACC: 0001104659-26-016901
📋 What this filing means
KVP CAPITAL ADVISORS, LP filed this quarterly 13F‑HR report disclosing 27 equity positions with a total reported market value of $103.34M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
27
Positions
$103.34M
Total AUM (reported)
6.30M
Total Shares
Allocation by class
COM$73.44M71.1%
COM NEW$13.78M13.3%
CALL$6.52M6.3%
COM PAR $.01$4.96M4.8%
SHS USD$2.98M2.9%
CL A$1.66M1.6%
Portfolio Concentration
Top 3$37.03M35.8%
4–10$33.74M32.7%
11–25$31.88M30.8%
Rest$689.3K0.7%
Top 3 weight
35.8%
Top 10 weight
68.5%
Voting Authority Distribution
Total shares with voting rights: 6.30M
Sole
Full voting authority
6.30M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole27
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings27
Rows:
TERNS PHARMACEUTICALS INC
SOLEShares440K
TypeSH
Market value$17.78M
17.20%
Sole
440K
Shared
0.00
None
0.00
PRAXIS PRECISION MEDICINES I
SOLEShares42.90K
TypeSH
Market value$12.64M
12.24%
Sole
42.90K
Shared
0.00
None
0.00
AXSOME THERAPEUTICS INC
SOLEShares36.20K
TypeSH
Market value$6.61M
6.40%
Sole
36.20K
Shared
0.00
None
0.00
JAZZ PHARMACEUTICALS PLC
SOLEShares31K
TypeSH
Market value$5.27M
5.10%
Sole
31K
Shared
0.00
None
0.00
WHITEHAWK THERAPEUTICS INC
SOLEShares2.17M
TypeSH
Market value$5.24M
5.07%
Sole
2.17M
Shared
0.00
None
0.00
TREVI THERAPEUTICS INC
SOLEShares414K
TypeSH
Market value$5.18M
5.02%
Sole
414K
Shared
0.00
None
0.00
INSMED INC
SOLEShares28.50K
TypeSH
Market value$4.96M
4.80%
Sole
28.50K
Shared
0.00
None
0.00
PROTAGONIST THERAPEUTICS INC
SOLEShares53K
TypeSH
Market value$4.63M
4.48%
Sole
53K
Shared
0.00
None
0.00
DISC MEDICINE INC
SOLEShares58.25K
TypeSH
Market value$4.63M
4.48%
Sole
58.25K
Shared
0.00
None
0.00
MBX BIOSCIENCES INC
SOLEShares121.52K
TypeSH
Market value$3.83M
3.71%
Sole
121.52K
Shared
0.00
None
0.00
SAVARA INC
SOLEShares605.28K
TypeSH
Market value$3.65M
3.53%
Sole
605.28K
Shared
0.00
None
0.00
TRAVERE THERAPEUTICS INC
SOLEShares91K
TypeSH
Market value$3.48M
3.36%
Sole
91K
Shared
0.00
None
0.00
EDGEWISE THERAPEUTICS INC
SOLEShares133K
TypeSH
Market value$3.30M
3.19%
Sole
133K
Shared
0.00
None
0.00
JAZZ PHARMACEUTICALS PLC
SOLEShares17.50K
TypeSH
Market value$2.98M
2.88%
Sole
17.50K
Shared
0.00
None
0.00
SOLENO THERAPEUTICS INC
SOLEShares59.70K
TypeSH
Market value$2.76M
2.67%
Sole
59.70K
Shared
0.00
None
0.00
UNITED THERAPEUTICS CORP DEL
SOLEShares4.75K
TypeSH
Market value$2.31M
2.24%
Sole
4.75K
Shared
0.00
None
0.00
ACHIEVE LIFE SCIENCES INC
SOLEShares462.36K
TypeSH
Market value$2.30M
2.22%
Sole
462.36K
Shared
0.00
None
0.00
REVOLUTION MEDICINES INC
SOLEShares27.50K
TypeSH
Market value$2.19M
2.12%
Sole
27.50K
Shared
0.00
None
0.00
SCHOLAR ROCK HLDG CORP
SOLEShares45K
TypeSH
Market value$1.98M
1.92%
Sole
45K
Shared
0.00
None
0.00
VERA THERAPEUTICS INC
SOLEShares32.70K
TypeSH
Market value$1.66M
1.60%
Sole
32.70K
Shared
0.00
None
0.00
FULCRUM THERAPEUTICS INC
SOLEShares110.90K
TypeSH
Market value$1.25M
1.21%
Sole
110.90K
Shared
0.00
None
0.00
IMMIX BIOPHARMA INC
SOLEShares230.42K
TypeSH
Market value$1.21M
1.17%
Sole
230.42K
Shared
0.00
None
0.00
NEKTAR THERAPEUTICS
SOLEShares26.90K
TypeSH
Market value$1.14M
1.10%
Sole
26.90K
Shared
0.00
None
0.00
CABALETTA BIO INC
SOLEShares505.43K
TypeSH
Market value$1.11M
1.07%
Sole
505.43K
Shared
0.00
None
0.00
FULCRUM THERAPEUTICS INC
SOLEShares50K
TypeSH
Market value$565.5K
0.55%
Sole
50K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
TERNS PHARMACEUTICALS INCSOLE | COM | 440K | SH | $17.78M 17.20% | 440K | 0.00 | 0.00 |
PRAXIS PRECISION MEDICINES ISOLE | COM NEW | 42.90K | SH | $12.64M 12.24% | 42.90K | 0.00 | 0.00 |
AXSOME THERAPEUTICS INCSOLE | COM | 36.20K | SH | $6.61M 6.40% | 36.20K | 0.00 | 0.00 |
JAZZ PHARMACEUTICALS PLCSOLE | CALL | 31K | SH | $5.27M 5.10% | 31K | 0.00 | 0.00 |
WHITEHAWK THERAPEUTICS INCSOLE | COM | 2.17M | SH | $5.24M 5.07% | 2.17M | 0.00 | 0.00 |
TREVI THERAPEUTICS INCSOLE | COM | 414K | SH | $5.18M 5.02% | 414K | 0.00 | 0.00 |
INSMED INCSOLE | COM PAR $.01 | 28.50K | SH | $4.96M 4.80% | 28.50K | 0.00 | 0.00 |
PROTAGONIST THERAPEUTICS INCSOLE | COM | 53K | SH | $4.63M 4.48% | 53K | 0.00 | 0.00 |
DISC MEDICINE INCSOLE | COM | 58.25K | SH | $4.63M 4.48% | 58.25K | 0.00 | 0.00 |
MBX BIOSCIENCES INCSOLE | COM | 121.52K | SH | $3.83M 3.71% | 121.52K | 0.00 | 0.00 |
SAVARA INCSOLE | COM | 605.28K | SH | $3.65M 3.53% | 605.28K | 0.00 | 0.00 |
TRAVERE THERAPEUTICS INCSOLE | COM | 91K | SH | $3.48M 3.36% | 91K | 0.00 | 0.00 |
EDGEWISE THERAPEUTICS INCSOLE | COM | 133K | SH | $3.30M 3.19% | 133K | 0.00 | 0.00 |
JAZZ PHARMACEUTICALS PLCSOLE | SHS USD | 17.50K | SH | $2.98M 2.88% | 17.50K | 0.00 | 0.00 |
SOLENO THERAPEUTICS INCSOLE | COM | 59.70K | SH | $2.76M 2.67% | 59.70K | 0.00 | 0.00 |
UNITED THERAPEUTICS CORP DELSOLE | COM | 4.75K | SH | $2.31M 2.24% | 4.75K | 0.00 | 0.00 |
ACHIEVE LIFE SCIENCES INCSOLE | COM | 462.36K | SH | $2.30M 2.22% | 462.36K | 0.00 | 0.00 |
REVOLUTION MEDICINES INCSOLE | COM | 27.50K | SH | $2.19M 2.12% | 27.50K | 0.00 | 0.00 |
SCHOLAR ROCK HLDG CORPSOLE | COM | 45K | SH | $1.98M 1.92% | 45K | 0.00 | 0.00 |
VERA THERAPEUTICS INCSOLE | CL A | 32.70K | SH | $1.66M 1.60% | 32.70K | 0.00 | 0.00 |
FULCRUM THERAPEUTICS INCSOLE | CALL | 110.90K | SH | $1.25M 1.21% | 110.90K | 0.00 | 0.00 |
IMMIX BIOPHARMA INCSOLE | COM | 230.42K | SH | $1.21M 1.17% | 230.42K | 0.00 | 0.00 |
NEKTAR THERAPEUTICSSOLE | COM NEW | 26.90K | SH | $1.14M 1.10% | 26.90K | 0.00 | 0.00 |
CABALETTA BIO INCSOLE | COM | 505.43K | SH | $1.11M 1.07% | 505.43K | 0.00 | 0.00 |
FULCRUM THERAPEUTICS INCSOLE | COM | 50K | SH | $565.5K 0.55% | 50K | 0.00 | 0.00 |
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