Stonepine Capital Management, LLC

CIK: 0001440771SEC EDGAR →

Portfolio Value

$137.0M

Holdings

64

As of

Q4 2025

New Positions

57

Closed Positions

0

Portfolio Value History

Top 10 Holdings

RankStockSharesValue% of Portfolio
1

VERASTEM INC

2,732,079$21.1M
15.40%
2

ADMA BIOLOGICS INC

740,000$13.5M
9.85%
3

EVOLUS INC

1,631,588$10.8M
7.92%
4
NKTRCall

NEKTAR THERAPEUTICS

135,000$5.7M
4.17%
5

ZEVRA THERAPEUTICS INC

569,088$5.1M
3.72%
6

INHIBIKASE THERAPEUTICS INC

2,348,147$4.8M
3.51%
7
ABEOCall

ABEONA THERAPEUTICS INC

909,505$4.8M
3.50%
8

INDIVIOR PLC

100,000$3.6M
2.62%
9

CORBUS PHARMACEUTICALS HLDGS

389,916$3.2M
2.32%
10

KAZIA THERAPEUTICS LTD

460,359$3.2M
2.32%

Quarterly Changes

Top Buys

NKTRNEW
$5.7M
ABEONEW
$4.8M
IKT↑ Increased
$3.6M
CRBPNEW
$3.2M
KZIANEW
$3.2M

Top Sells

NKTRCLOSED
$4.8M
DAWN↓ Decreased
$2.7M
ZVRA↓ Decreased
$2.6M
ABEOCLOSED
$2.4M
OABI↓ Decreased
$2.1M

New Positions (32)

$5.7M · 135K shares
$4.8M · 910K shares
$3.2M · 390K shares
$3.2M · 460K shares
$2.9M · 354K shares
$2.8M · 340K shares
$2.6M · 50K shares
$2.4M · 50K shares
$2.3M · 100K shares
$1.9M · 220K shares
$1.7M · 20K shares
$1.4M · 229K shares
$1.3M · 893K shares
$1.3M · 663K shares
$1.1M · 78K shares
$1.0M · 88K shares
$850K · 51.0M shares
$764K · 50K shares
$467K · 305K shares
$385K · 50K shares
$374K · 171K shares
$354K · 275K shares
$276K · 20K shares
$275K · 27K shares
$256K · 49K shares
$250K · 352K shares
$166K · 102K shares
$144K · 12K shares
$95K · 20K shares
$80K · 126K shares
$58K · 59K shares
$35K · 12K shares

Closed Positions (26)

$4.8M · 85K shares
$2.4M · 451K shares
$1.6M · 24K shares
$1.2M · 300K shares
$1.1M · 200K shares
$1.1M · 108K shares
$973K · 195K shares
$914K · 160K shares
$670K · 60K shares
$628K · 211K shares
$602K · 20K shares
$572K · 37K shares
$562K · 101K shares
$443K · 156K shares
$434K · 11K shares
$399K · 125K shares
$376K · 40K shares
$367K · 193K shares
$298K · 20K shares
$214K · 60K shares
$212K · 3K shares
$198K · 1.0M shares
$81K · 25K shares
$79K · 30K shares
$67K · 35K shares
$48K · 20K shares

Sector Breakdown

Sector# HoldingsValue%
Healthcare58$128.0M93.4%
Unknown5$6.5M4.8%
Real Estate1$2.4M1.8%