You're signed outSign in or to get full access.
Stonepine Capital Management, LLC
Stonepine Capital Management, LLC is a US-based hedge fund manager headquartered in Bend, Oregon. Founded in 2006, the firm principally invests in equity and equity-related securities, with an employee count of approximately 6 professionals. Stonepine Capital Management primarily serves institutional investors and high-net-worth individuals, offering investment advisory services with a focus on value-driven public equities.
Investment Strategy
Stonepine Capital Management focuses on value-oriented investments in public equities, emphasizing long-term growth and capital appreciation. Their investment approach is centered on deep fundamental analysis to identify undervalued stocks, particularly in the small- and mid-cap sectors. The firm pursues positions that offer both potential upside and a margin of safety, with an opportunistic outlook across various sectors.
Latest 13F Filing Activity
Stonepine Capital Management, LLC filed their most recent 13F report on Jun 30, 2025 disclosing 55 equity positions and 1 options positions with a total 13F market value of $102M. The fund increased holdings in Adma Biologics Inc., Acadia Pharmaceuticals Inc., Iteos Therapeutics Inc. among other positions. Stonepine Capital Management, LLC reduced exposure to Ani Pharmaceuticals Inc., Optinose Inc., Evolus Inc. among others.
Top Holdings
Equity Positions (55)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
A ADMA | ADMA BIOLOGICS INC | 13.40% | $13.7M | 750,000 | $2.47 | $18.21 | +$13.6M |
E EOLS | EVOLUS INC | 8.28% | $8.4M | 916,500 | $7.64 | $9.21 | -$5.2M |
Z ZVRA | ZEVRA THERAPEUTICS INC | 6.70% | $6.8M | 775,620 | $7.28 | $8.81 | +$2.0M |
V VSTM | VERASTEM INC | 5.54% | $5.6M | 1,360,386 | $3.63 | $4.15 | +$1.9M |
I INDV | INDIVIOR PLC | 5.06% | $5.2M | 350,000 | $10.67 | $14.74 | +$2.3M |
Options Positions (1)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
V VSTM | VERASTEM INC | New | Call | $415.0K | 1,000 | $4.15 | $4.15 | +1,000 | +$415.0K |
Industry Allocation
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more