13F HOLDINGS REPORT
Knoll Capital Management, LLC
Quarter ended Q4 2025 · Filed February 17, 2026 · Accession 0001104659-26-016376
Total Value
$218.0M
Positions
34
Other Managers
0
Confidential Omitted
No
Holdings (34)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | Aldeyra Therapeutics Inc | ALDX | 5,475,516 | $28.4M | 13.01% |
| 2 | Biohaven Pharmactl Hldg Co L | BHVN | 2,328,602 | $26.3M | 12.06% |
| 3 | Nuvation Bio Inc | NUVB | 1,498,591 | $13.4M | 6.16% |
| 4 | Avadel Pharmaceuticals Plc | 05337M104 | 600,000 | $12.9M | 5.93% |
| 5 | SPDR Gold Trust | GLD | 32,000 | $12.7M | 5.82% |
| 6 | Royal Gold Inc. | RGLD | 52,750 | $11.7M | 5.38% |
| 7 | Kinross Gold Corp | KGCRF | 410,000 | $11.5M | 5.30% |
| 8 | Entera Bio Ltd | ENTX | 5,881,879 | $11.4M | 5.23% |
| 9 | MeiraGTX Holdings | MGTX | 1,250,000 | $9.9M | 4.56% |
| 10 | SEABRIDGE GOLD INC | SA | 317,003 | $9.4M | 4.30% |
| 11 | Agnico Eagle Mines Ltd | AEM | 52,750 | $8.9M | 4.10% |
| 12 | Ocular Therapeutix Inc. | OCUL | 600,400 | $7.3M | 3.34% |
| 13 | SSR Mining Inc | SSRGF | 245,000 | $5.4M | 2.46% |
| 14 | Pan American Silver | 697900108 | 100,035 | $5.2M | 2.38% |
| 15 | Franco Nev Corp | FNV | 25,000 | $5.2M | 2.38% |
| 16 | iShares Silver Trust | SLV | 80,000 | $5.2M | 2.36% |
| 17 | Elicio Therapeutics Inc | ELTX | 630,915 | $5.0M | 2.30% |
| 18 | Altimmune Inc | ALT | 1,121,524 | $4.0M | 1.86% |
| 19 | Centera gold Inc | CGAU | 248,701 | $3.6M | 1.64% |
| 20 | Centerra Gold Inc | CGAU | 248,701 | $3.6M | 1.64% |
| 21 | Triple Flag Precious Metals | TFPM | 58,800 | $2.0M | 0.90% |
| 22 | Alamos Gold Inc | AGI | 50,000 | $1.9M | 0.88% |
| 23 | Coeur Mining Inc | 192108504 | 96,132 | $1.7M | 0.79% |
| 24 | New Pac Metals Corp | 64782A107 | 485,000 | $1.7M | 0.78% |
| 25 | iSHares US Aerospace & Defense | 464288760 | 7,650 | $1.6M | 0.75% |
| 26 | Philip Morris Intl. Inc | 718172109 | 10,000 | $1.6M | 0.74% |
| 27 | Wheaton Precious Metals Corp | WPM | 12,500 | $1.5M | 0.67% |
| 28 | Abeona Therapeutics | ABEO | 235,953 | $1.2M | 0.57% |
| 29 | Northrop Grumman Corp | NOC | 2,165 | $1.2M | 0.57% |
| 30 | Booz Allen Hamilton HLDG COR | BAH | 13,000 | $1.1M | 0.50% |
| 31 | Dakota Gold Corp | DC | 122,921 | $698,191 | 0.32% |
| 32 | Applied Therapeutics Inc | 03828A101 | 6,050,000 | $605,000 | 0.28% |
| 33 | Cardiol Therapeutics Inc | CRDL | 100,000 | $95,300 | 0.04% |
| 34 | Orgenesis, Inc. | ORGS | 50,623 | $7,593 | 0.00% |