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Portfolio (Quarterly) Guide ↗

Stonepine Capital Management, LLC

· CIK 0001440771
13F Portfolio $137M AUM Filed Feb 13, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 66 New
Page 2 of 4  ·  66 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 AYTU BIOPHARMA INC 813,704.0 $2.1M 1.54% NEW $2.60
22 NKTR CALL NEKTAR THERAPEUTICS Healthcare 50,000.0 $2.1M 1.54% NEW $42.28 +55.0%
23 DAWN DAY ONE BIOPHARMACEUTICALS I Healthcare 200,000.0 $1.9M 1.36% NEW $9.32 +131.0%
24 ADICET BIO INC 220,011.0 $1.9M 1.35% NEW $8.42
25 SPRB SPRUCE BIOSCIENCES INC Healthcare 19,742.0 $1.7M 1.26% NEW $87.11 -40.5%
26 HRTX HERON THERAPEUTICS INC Healthcare 1,237,802.0 $1.6M 1.18% NEW $1.30 -32.1%
27 ENTA ENANTA PHARMACEUTICALS INC Healthcare 100,000.0 $1.6M 1.15% NEW $15.77 -14.2%
28 PMVP PMV PHARMACEUTICALS INC Healthcare 1,150,759.0 $1.4M 1.05% NEW $1.25 -1.6%
29 CAMP CAMP4 THERAPEUTICS CORP Healthcare 228,894.0 $1.4M 1.02% NEW $6.13 -33.1%
30 ELDN ELEDON PHARMACEUTICALS INC Healthcare 893,100.0 $1.3M 0.98% NEW $1.51 +157.6%
31 MIST MILESTONE PHARMACEUTICALS IN Healthcare 662,666.0 $1.3M 0.98% NEW $2.02 -30.7%
32 OABI OMNIAB INC Healthcare 701,000.0 $1.3M 0.95% NEW $1.85 +37.8%
33 QNRX QUOIN PHARMACEUTICALS LTD Healthcare 78,189.0 $1.1M 0.82% NEW $14.43 -65.4%
34 LUNG PULMONX CORP Healthcare 486,400.0 $1.1M 0.79% NEW $2.21 -29.0%
35 GERN GERON CORP Healthcare 805,800.0 $1.1M 0.78% NEW $1.32 -3.0%
36 CALL ABEONA THERAPEUTICS INC 200,000.0 $1.1M 0.77% NEW $5.27
37 CRESCENT BIOPHARMA INC. 87,682.0 $1.0M 0.76% NEW $11.86
38 KEZAR LIFE SCIENCES INC 156,179.0 $982K 0.72% NEW $6.29
39 EDESA BIOTECH INC 687,500.0 $976K 0.71% NEW $1.42
40 BOLD BOUNDLESS BIO INC Healthcare 710,071.0 $852K 0.62% NEW $1.20 +22.5%
Page 2 of 4  ·  66 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%