Stonepine Capital Management, LLC

Q1 2026 13F-HR Holdings

Location
Bend, OR
Holdings as of
3/31/2026
Date filed
5/14/2026
Form type
13F-HR
Num holdings
83
Total value ($000)
$249,722
Net value change ($000)
+112,752 (82.3%)
New positions
20
Sold out positions
15
Turnover %
24.7%
Sector allocation + QoQ delta (equities-only)
Prev filing: 2/13/2026 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q4 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
TENX 15,448 10653.8%
CAMP 4,725 336.8%
NKTR 2,522 70.2%
SLGL 2,201 NEW
CRIS 1,980 3355.9%
ANTX 1,725 240.9%
OKYO 1,369 NEW
CTMX 940 NEW
CNTB 812 NEW
INAB 596 154.4%
Top Reduces (Value $000, Stocks/ETFs)
ADMA -6,831 -50.6%
EOLS -3,620 -33.4%
VSTM -3,590 -17.0%
INDV -3,588 -100.0%
IKT -3,206 -66.6%
ACAD -2,671 -100.0%
VRCA -2,411 -82.0%
HELP -2,137 -76.9%
DAWN -1,864 -100.0%
SPRB -1,720 -100.0%
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000): 136,032 (54.5% of total reported value)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type