13F HOLDINGS REPORT
StonePine Asset Management Inc.
Quarter ended Q3 2025 · Filed October 17, 2025 · Accession 0001172661-25-004313
Total Value
$16.07B
Positions
43
Other Managers
0
Confidential Omitted
No
Holdings (43)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 6,545,779 | $1.83B | 11.38% |
| 2 | ALPHABET INC | GOOG | 6,398,927 | $1.56B | 9.68% |
| 3 | MICROSOFT CORP | MSFT | 2,908,036 | $1.51B | 9.37% |
| 4 | AUTOZONE INC | AZO | 265,305 | $1.14B | 7.08% |
| 5 | MOODYS CORP | MCO | 2,264,043 | $1.08B | 6.71% |
| 6 | ORACLE CORP | ORCL-PD | 3,429,371 | $964.5M | 6.00% |
| 7 | MASTERCARD INCORPORATED | MA | 1,585,690 | $902.0M | 5.61% |
| 8 | CME GROUP INC | CME | 2,570,087 | $694.4M | 4.32% |
| 9 | TJX COS INC NEW | 872540109 | 4,338,547 | $627.1M | 3.90% |
| 10 | SHERWIN WILLIAMS CO | SHW | 1,645,885 | $569.9M | 3.55% |
| 11 | MSCI INC | MSCI | 961,843 | $545.8M | 3.40% |
| 12 | OTIS WORLDWIDE CORP | OTIS | 4,516,521 | $412.9M | 2.57% |
| 13 | METTLER TOLEDO INTERNATIONAL | MTD | 323,570 | $397.2M | 2.47% |
| 14 | JOHNSON & JOHNSON | JNJ | 2,090,409 | $387.6M | 2.41% |
| 15 | COPART INC | CPRT | 7,722,652 | $347.3M | 2.16% |
| 16 | PEPSICO INC | PEP | 2,426,874 | $340.8M | 2.12% |
| 17 | GRACO INC | GGG | 3,802,310 | $323.0M | 2.01% |
| 18 | CARRIER GLOBAL CORPORATION | CARR | 5,315,444 | $317.3M | 1.97% |
| 19 | S&P GLOBAL INC | SPGI | 602,868 | $293.4M | 1.83% |
| 20 | HDFC BANK LTD | HDB | 8,163,734 | $278.9M | 1.74% |
| 21 | UNITEDHEALTH GROUP INC | UNH | 774,624 | $267.5M | 1.66% |
| 22 | LOWES COS INC | 548661107 | 972,650 | $244.4M | 1.52% |
| 23 | ANALOG DEVICES INC | ADI | 924,976 | $227.3M | 1.41% |
| 24 | HILTON WORLDWIDE HLDGS INC | HLT | 833,724 | $216.3M | 1.35% |
| 25 | COLGATE PALMOLIVE CO | CL | 1,604,089 | $128.2M | 0.80% |
| 26 | FACTSET RESH SYS INC | 303075105 | 419,484 | $120.2M | 0.75% |
| 27 | NIKE INC | NKE | 1,645,335 | $114.7M | 0.71% |
| 28 | ADOBE INC | ADBE | 200,464 | $70.7M | 0.44% |
| 29 | FEDERAL SIGNAL CORP | FSS | 185,484 | $22.1M | 0.14% |
| 30 | WYNDHAM HOTELS & RESORTS INC | WH | 208,750 | $16.7M | 0.10% |
| 31 | HOULIHAN LOKEY INC | HLI | 74,495 | $15.3M | 0.10% |
| 32 | MEDPACE HLDGS INC | MEDP | 29,200 | $15.0M | 0.09% |
| 33 | TREX CO INC | TREX | 239,769 | $12.4M | 0.08% |
| 34 | DONALDSON INC | DCI | 150,861 | $12.3M | 0.08% |
| 35 | JBT MAREL CORPORATION | JBTM | 87,229 | $12.3M | 0.08% |
| 36 | INTERPARFUMS INC | INTR | 119,352 | $11.7M | 0.07% |
| 37 | SIMPSON MFG INC | 829073105 | 56,810 | $9.5M | 0.06% |
| 38 | EXPONENT INC | EXPO | 131,294 | $9.1M | 0.06% |
| 39 | HAYWARD HLDGS INC | HAYW | 595,200 | $9.0M | 0.06% |
| 40 | HENRY JACK & ASSOC INC | 426281101 | 60,200 | $9.0M | 0.06% |
| 41 | WD 40 CO | WDFC | 43,610 | $8.6M | 0.05% |
| 42 | FLOOR & DECOR HLDGS INC | FND | 112,300 | $8.3M | 0.05% |
| 43 | POWER INTEGRATIONS INC | POWI | 79,100 | $3.2M | 0.02% |