13F HOLDINGS REPORT
StonePine Asset Management Inc.
Quarter ended Q4 2025 · Filed January 15, 2026 · Accession 0001172661-26-000201
Total Value
$16.09B
Positions
43
Other Managers
0
Confidential Omitted
No
Holdings (43)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 6,246,545 | $1.90B | 11.80% |
| 2 | ALPHABET INC | GOOG | 5,747,054 | $1.80B | 11.18% |
| 3 | MICROSOFT CORP | MSFT | 2,931,514 | $1.42B | 8.81% |
| 4 | MOODYS CORP | MCO | 2,375,768 | $1.21B | 7.54% |
| 5 | MASTERCARD INCORPORATED | MA | 1,697,191 | $968.9M | 6.02% |
| 6 | AUTOZONE INC | AZO | 269,173 | $912.9M | 5.67% |
| 7 | CME GROUP INC | CME | 2,613,439 | $713.7M | 4.44% |
| 8 | TJX COS INC NEW | 872540109 | 4,226,294 | $649.2M | 4.04% |
| 9 | MSCI INC | MSCI | 1,000,942 | $574.3M | 3.57% |
| 10 | SHERWIN WILLIAMS CO | SHW | 1,719,020 | $557.0M | 3.46% |
| 11 | METTLER TOLEDO INTERNATIONAL | MTD | 323,074 | $450.4M | 2.80% |
| 12 | JOHNSON & JOHNSON | JNJ | 2,067,667 | $427.9M | 2.66% |
| 13 | OTIS WORLDWIDE CORP | OTIS | 4,679,997 | $408.8M | 2.54% |
| 14 | CARRIER GLOBAL CORPORATION | CARR | 7,153,429 | $378.0M | 2.35% |
| 15 | PEPSICO INC | PEP | 2,525,948 | $362.5M | 2.25% |
| 16 | ORACLE CORP | ORCL-PD | 1,800,309 | $350.9M | 2.18% |
| 17 | COPART INC | CPRT | 8,517,154 | $333.4M | 2.07% |
| 18 | S&P GLOBAL INC | SPGI | 617,388 | $322.6M | 2.01% |
| 19 | GRACO INC | GGG | 3,788,983 | $310.6M | 1.93% |
| 20 | HDFC BANK LTD | HDB | 8,315,726 | $303.9M | 1.89% |
| 21 | UNITEDHEALTH GROUP INC | UNH | 825,705 | $272.6M | 1.69% |
| 22 | AMAZON COM INC | AMZN | 1,066,600 | $246.2M | 1.53% |
| 23 | ANALOG DEVICES INC | ADI | 885,076 | $240.0M | 1.49% |
| 24 | HILTON WORLDWIDE HLDGS INC | HLT | 792,764 | $227.7M | 1.42% |
| 25 | LOWES COS INC | 548661107 | 926,350 | $223.4M | 1.39% |
| 26 | COLGATE PALMOLIVE CO | CL | 1,590,289 | $125.7M | 0.78% |
| 27 | FACTSET RESH SYS INC | 303075105 | 412,864 | $119.8M | 0.74% |
| 28 | NIKE INC | NKE | 1,867,235 | $119.0M | 0.74% |
| 29 | FEDERAL SIGNAL CORP | FSS | 185,484 | $20.1M | 0.13% |
| 30 | MEDPACE HLDGS INC | MEDP | 24,700 | $13.9M | 0.09% |
| 31 | HOULIHAN LOKEY INC | HLI | 74,495 | $13.0M | 0.08% |
| 32 | JBT MAREL CORPORATION | JBTM | 83,429 | $12.6M | 0.08% |
| 33 | DONALDSON INC | DCI | 139,361 | $12.4M | 0.08% |
| 34 | WYNDHAM HOTELS & RESORTS INC | WH | 156,650 | $11.8M | 0.07% |
| 35 | HENRY JACK & ASSOC INC | 426281101 | 60,200 | $11.0M | 0.07% |
| 36 | EXPONENT INC | EXPO | 139,494 | $9.7M | 0.06% |
| 37 | INTERPARFUMS INC | INTR | 110,852 | $9.4M | 0.06% |
| 38 | HAYWARD HLDGS INC | HAYW | 595,200 | $9.2M | 0.06% |
| 39 | WD 40 CO | WDFC | 43,610 | $8.6M | 0.05% |
| 40 | SIMPSON MFG INC | 829073105 | 49,610 | $8.0M | 0.05% |
| 41 | FLOOR & DECOR HLDGS INC | FND | 130,800 | $8.0M | 0.05% |
| 42 | TREX CO INC | TREX | 223,169 | $7.8M | 0.05% |
| 43 | POWER INTEGRATIONS INC | POWI | 79,100 | $2.8M | 0.02% |