KVP Capital Advisors, LP

SAN FRANCISCO, CA · CIK 1858198 · 13F filing filed 2026-08-13

SEC-registered investment adviser since 2026 · limited partnership

Assets managed$220.9m
Staff3 · 2 in investment roles
Main clients (by assets)Private funds 100%
Private funds2 (1 hedge) · $220.9m gross assets
Websitekearnyvp.com
Form ADV · 2026-06-29SEC adviser record

Kindhedge funds, private equity
Others nearbySan Francisco, CA

As an employer

Offices in1 country
Private fundshedge 2, private equity 2

$136.2m reported value +1.7% vs Q1 2026

35positions

57.4%in top 10

6 new 2 added 2 reduced 3 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	PRAXIS PRECISION MEDICINES I COM NEW PRAX	PRAX	42,900	$14.4m10.54%	10.54%	Unchanged
2	AADI BIOSCIENCE INC COM WHWK	WHWK	2,165,997	$9.9m7.28%	7.28%	Unchanged
3	ERASCA INC COM ERAS	ERAS	455,000	$8.3m6.12%	6.12%	Added +115.0k	+115,000 33.8%
4	TREVI THERAPEUTICS INC COM TRVI	TRVI	414,000	$7.7m5.67%	5.67%	Unchanged
5	SUTRO BIOPHARMA INC COM SHS STRO	STRO	226,575	$7.5m5.52%	5.52%	Unchanged
6	TANGO THERAPEUTICS INC COM TNGX	TNGX	230,264	$7.2m5.28%	5.28%	Unchanged
7	MBX BIOSCIENCES INC COM MBX	MBX	121,524	$6.7m4.92%	4.92%	Unchanged
8	PROTAGONIST THERAPEUTICS INC COM PTGX	PTGX	53,000	$6.5m4.77%	4.77%	Unchanged
9	EDGEWISE THERAPEUTICS INC COM EWTX	EWTX	133,000	$5.4m3.97%	3.97%	Unchanged
10	TANDEM DIABETES CARE INC COM NEW TNDM	TNDM	301,000	$4.5m3.33%	3.33%	New
11	DISC MEDICINE INC COM IRON	IRON	58,250	$4.3m3.13%	3.13%	Unchanged
12	SAVARA INC COM SVRA	SVRA	605,280	$3.7m2.74%	2.74%	Unchanged
13	ARRIVENT BIOPHARMA INC COM AVBP	AVBP	102,000	$3.5m2.60%	2.60%	New
14	INSMED INC COM PAR $.01 INSM	INSM	28,497	$3.0m2.23%	2.23%	Unchanged
15	ACHIEVE LIFE SCIENCES INC COM ACHV	ACHV	462,355	$3.0m2.22%	2.22%	Unchanged
16	IDEAYA BIOSCIENCES INC COM IDYA	IDYA	79,700	$3.0m2.18%	2.18%	Unchanged
17	OCULAR THERAPEUTIX INC COM OCUL	OCUL	300,000	$2.9m2.16%	2.16%	Unchanged
18	AXSOME THERAPEUTICS INC COM AXSM	AXSM	12,000	$2.9m2.16%	2.16%	Reduced -24.2k	-24,200 -66.8%
19	DESIGN THERAPEUTICS INC COM DSGN	DSGN	185,000	$2.7m1.96%	1.96%	New
20	UNITED THERAPEUTICS CORP DEL COM UTHR	UTHR	4,750	$2.6m1.89%	1.89%	Unchanged
21	SCHOLAR ROCK HLDG CORP COM SRRK	SRRK	45,000	$2.5m1.82%	1.82%	Unchanged
22	IMMIX BIOPHARMA INC COM IMMX	IMMX	230,423	$2.4m1.74%	1.74%	Unchanged
23	VIRIDIAN THERAPEUTICS INC COM VRDN	VRDN	125,000	$2.3m1.69%	1.69%	Unchanged
24	MINERALYS THERAPEUTICS INC COM MLYS	MLYS	84,168	$2.3m1.67%	1.67%	New
25	BRIGHT MINDS BIOSCIENCES INC COM NEW DRUG	DRUG	31,813	$2.2m1.64%	1.64%	Unchanged
26	TRAVERE THERAPEUTICS INC COM TVTX	TVTX	39,000	$2.2m1.63%	1.63%	Reduced -52.0k	-52,000 -57.1%
27	ZURA BIO LTD CLASS A ORD SHS ZURA	ZURA	373,128	$2.2m1.62%	1.62%	Unchanged
28	ARTIVA BIOTHERAPEUTICS INC COM ARTV	ARTV	200,000	$1.9m1.42%	1.42%	New
29	NEKTAR THERAPEUTICS COM NEW NKTR	NKTR	26,900	$1.9m1.38%	1.38%	Unchanged
30	COMPASS THERAPEUTICS INC COM CMPX	CMPX	771,000	$1.7m1.24%	1.24%	Added +271.0k	+271,000 54.2%
31	CABALETTA BIO INC COM CABA	CABA	505,431	$1.6m1.15%	1.15%	Unchanged
32	VERA THERAPEUTICS INC CL A VERA	VERA	32,700	$1.4m1.03%	1.03%	Unchanged
33	EVOLUS INC COM EOLS	EOLS	150,000	$1.0m0.76%	0.76%	New
34	CELCUITY INC COM CELC	CELC	4,000	$418.5k0.31%	0.31%	Unchanged
35	VYNE THERAPEUTICS INC COM COM		500,551	$325.7k0.24%	0.24%	Unchanged

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
TERNS PHARMACEUTICALS INC		440,000	$23.2m440.0k shares
REVOLUTION MEDICINES INC RVMD	RVMD	40,200	$3.9m40.2k shares
SOLENO THERAPEUTICS INC SLNO	SLNO	59,700	$2.0m59.7k shares