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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 1 of 4  ·  66 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 VERASTEM INC 2,732,079.0 $21.1M 15.40% NEW $7.72
2 ADMA ADMA BIOLOGICS INC Healthcare 740,000.0 $13.5M 9.85% NEW $18.24 -55.0%
3 EOLS EVOLUS INC Healthcare 1,631,588.0 $10.9M 7.92% NEW $6.65 -6.6%
4 ZEVRA THERAPEUTICS INC 569,088.0 $5.1M 3.72% NEW $8.96
5 INHIBIKASE THERAPEUTICS INC 2,348,147.0 $4.8M 3.51% NEW $2.05
6 ABEONA THERAPEUTICS INC 709,505.0 $3.7M 2.73% NEW $5.27
7 NKTR NEKTAR THERAPEUTICS Healthcare 85,000.0 $3.6M 2.62% NEW $42.28 +55.6%
8 INDIVIOR PLC 100,000.0 $3.6M 2.62% NEW $35.88
9 CORBUS PHARMACEUTICALS HLDGS 389,916.0 $3.2M 2.32% NEW $8.14
10 KZIA KAZIA THERAPEUTICS LTD Healthcare 460,359.0 $3.2M 2.32% NEW $6.89 +86.5%
11 XOMA XOMA ROYALTY CORPORATION Healthcare 115,000.0 $3.1M 2.23% NEW $26.59 +56.5%
12 VRCA VERRICA PHARMACEUTICALS INC Healthcare 353,669.0 $2.9M 2.15% NEW $8.31 -26.4%
13 HELP CYBIN INC Healthcare 339,902.0 $2.8M 2.03% NEW $8.18 -46.1%
14 TELA TELA BIO INC Healthcare 2,352,032.0 $2.8M 2.03% NEW $1.18 -29.4%
15 ACAD ACADIA PHARMACEUTICALS INC Healthcare 100,000.0 $2.7M 1.95% NEW $26.71 -20.6%
16 CRSP CALL CRISPR THERAPEUTICS AG Healthcare 50,000.0 $2.6M 1.91% NEW $52.44 -1.6%
17 SURROZEN INC 113,631.0 $2.6M 1.88% NEW $22.60
18 ARE CALL ALEXANDRIA REAL ESTATE EQ IN Real Estate 50,000.0 $2.4M 1.79% NEW $48.94 -1.7%
19 XFOR X4 PHARMACEUTICALS INC Healthcare 593,573.0 $2.4M 1.73% NEW $4.00 +0.3%
20 RARE CALL ULTRAGENYX PHARMACEUTICAL IN Healthcare 100,000.0 $2.3M 1.68% NEW $23.00 +1.1%
Page 1 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%