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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 3 of 5  ·  83 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 ARDX CALL ARDELYX INC Healthcare 150,000.0 $898K 0.36% NEW $5.99 +4.3%
42 PMVP PMV PHARMACEUTICALS INC Healthcare 708,102.0 $878K 0.35% -443K -38.5% $1.24 -0.8%
43 BIOA BIOAGE LABS INC Healthcare 50,000.0 $874K 0.35% +5K +11.1% $17.49 -7.4%
44 CNTB CONNECT BIOPHARMA HLDGS LTD Healthcare 310,000.0 $812K 0.33% NEW $2.62 -8.4%
45 HRTX CALL HERON THERAPEUTICS INC Healthcare 1,000,000.0 $800K 0.32% NEW $0.80 +10.4%
46 RADIOPHARM THERANOSTICS LTD 51,000,000.0 $739K 0.30% $0.01
47 MXCT MAXCYTE INC Healthcare 1,004,673.0 $706K 0.28% +536K +114.2% $0.70 +42.3%
48 CDXS CODEXIS INC Healthcare 417,994.0 $681K 0.27% +162K +63.2% $1.63 +59.5%
49 BOLD BOUNDLESS BIO INC Healthcare 597,682.0 $657K 0.26% -112K -15.8% $1.10 +33.6%
50 HELP CYBIN INC Healthcare 134,060.0 $643K 0.26% -206K -60.6% $4.80 -7.7%
51 ZNTL ZENTALIS PHARMACEUTICALS INC Healthcare 269,100.0 $630K 0.25% -195K -42.0% $2.34 +69.2%
52 PASITHEA THERAPEUTICS CORP 831,301.0 $617K 0.25% +556K +202.2% $0.74
53 MSLE SATELLOS BIOSCIENCE INC Healthcare 100,000.0 $563K 0.23% NEW $5.63 +19.5%
54 PHAT PHATHOM PHARMACEUTICALS INC Healthcare 50,010.0 $556K 0.22% NEW $11.11 -0.1%
55 ONKURE THERAPEUTICS INC 132,578.0 $549K 0.22% NEW $4.14
56 XLO XILIO THERAPEUTICS INC Healthcare 64,162.0 $540K 0.22% NEW $8.41 -0.7%
57 VRCA VERRICA PHARMACEUTICALS INC Healthcare 99,735.0 $528K 0.21% -254K -71.8% $5.29 +13.8%
58 CADL CANDEL THERAPEUTICS INC Healthcare 102,500.0 $502K 0.20% NEW $4.90 +62.2%
59 CALL ABEONA THERAPEUTICS INC 100,000.0 $448K 0.18% -100K -50.0% $4.48
60 POCI PRECISION OPTICS CORP INC MA Healthcare 100,000.0 $439K 0.18% NEW $4.39 +13.2%
Page 3 of 5  ·  83 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%