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Portfolio (Quarterly) Guide ↗

Stonepine Capital Management, LLC

· CIK 0001440771
13F Portfolio $250M AUM 83 positions Filed May 14, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 35 New 18 Added 25 Reduced 18 Exited
Page 2 of 2  ·  35 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 PHAT PHATHOM PHARMACEUTICALS INC Healthcare 50,010.0 $556K 0.22% NEW $11.11 -0.1%
22 ONKURE THERAPEUTICS INC 132,578.0 $549K 0.22% NEW $4.14
23 XLO XILIO THERAPEUTICS INC Healthcare 64,162.0 $540K 0.22% NEW $8.41 -1.9%
24 CADL CANDEL THERAPEUTICS INC Healthcare 102,500.0 $502K 0.20% NEW $4.90 +62.2%
25 POCI PRECISION OPTICS CORP INC MA Healthcare 100,000.0 $439K 0.18% NEW $4.39 +13.2%
26 ESTA ESTABLISHMENT LABS HLDGS INC Healthcare 6,000.0 $341K 0.14% NEW $56.78 +27.9%
27 UPSTREAM BIO INC 35,000.0 $315K 0.13% NEW $9.00
28 OPUS GENETICS INC 68,688.0 $313K 0.12% NEW $4.55
29 ARVN ARVINAS INC Healthcare 27,500.0 $292K 0.12% NEW $10.60 -15.8%
30 XERS XERIS BIOPHARMA HOLDINGS INC Healthcare 40,030.0 $232K 0.09% NEW $5.80 +6.7%
31 NMRA NEUMORA THERAPEUTICS INC. Healthcare 100,000.0 $195K 0.08% NEW $1.95 -5.6%
32 SAB BIOTHERAPEUTICS INC 50,000.0 $192K 0.08% NEW $3.83
33 SIBN SI BONE INC Healthcare 14,964.0 $189K 0.08% NEW $12.63 +16.2%
34 KLRS KALARIS THERAPEUTICS INC Healthcare 20,400.0 $118K 0.05% NEW $5.77 -9.7%
35 BIOATLA INC 65,387.0 $11K 0.00% NEW $0.16
Page 2 of 2  ·  35 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Healthcare 100.0%