Knoll Capital Management, LLC

MIAMI, FL · CIK 1325083 · 13F filing filed 2025-08-14

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

$140.7m reported value -8.5% vs Q1 2025

38positions

66.1%in top 10

3 new 3 added 1 reduced 1 sold out vs Q1 2025

Holdings, Q2 2025

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	ALDEYRA THERAPEUTICS INC COM ALDX	ALDX	5,475,516	$21.0m14.91%	14.91%	Unchanged
2	BIOHAVEN PHARMACTL HLDG CO L COM BHVN	BHVN	895,269	$12.6m8.98%	8.98%	Added +64.4k	+64,390 7.8%
3	ENTERA BIO LTD SHS ENTX	ENTX	5,881,879	$11.2m7.95%	7.95%	Unchanged
4	SPDR GOLD TR GOLD SHS GLD	GLD	32,000	$9.8m6.94%	6.94%	Unchanged
5	MEIRAGTX HLDGS PLC COM MGTX	MGTX	1,250,000	$8.2m5.79%	5.79%	Unchanged
6	KINROSS GOLD CORP COM KGC	KGC	440,000	$6.9m4.89%	4.89%	Unchanged
7	AGNICO EAGLE MINES LTD COM AEM	AEM	55,500	$6.6m4.69%	4.69%	Unchanged
8	SANDSTORM GOLD LTD COM NEW SSL	SSL	700,000	$6.6m4.68%	4.68%	Unchanged
9	AVADEL PHARMACEUTICALS PLC SPONSORED ADR SPONSORED ADR		600,000	$5.3m3.78%	3.78%	Unchanged
10	ELICIO THERAPEUTICS INC COM ELTX	ELTX	630,915	$4.9m3.46%	3.46%	Unchanged
11	SKEENA RES LTD NEW COM SKE	SKE	295,400	$4.7m3.34%	3.34%	Reduced -20.0k	-20,000 -6.3%
12	SEABRIDGE GOLD INC COM COM		317,003	$4.6m3.27%	3.27%	Unchanged
13	ALTIMMUNE INC COM NEW ALT	ALT	1,121,524	$4.3m3.09%	3.09%	Unchanged
14	FRANCO NEV CORP COM FNV	FNV	25,000	$4.1m2.91%	2.91%	Unchanged
15	MAG SILVER CORP COM MAG	MAG	170,000	$3.6m2.55%	2.55%	Unchanged
16	NUVATION BIO INC COM CL A NUVB	NUVB	1,025,000	$2.9m2.08%	2.08%	Unchanged
17	ISHARES SILVER TR ISHARES SLV	SLV	80,000	$2.6m1.87%	1.87%	Unchanged
18	APPLIED THERAPEUTICS INC COM APLT	APLT	7,799,687	$2.4m1.72%	1.72%	Unchanged
19	OCULAR THERAPEUTIX INC COM OCUL	OCUL	600,400	$1.9m1.32%	1.32%	Unchanged
20	PHILIP MORRIS INTL INC COM PM	PM	10,000	$1.8m1.29%	1.29%	Unchanged
21	VISA INC COM CL A V	V	4,850	$1.7m1.22%	1.22%	Unchanged
22	ROYAL GOLD INC COM RGLD	RGLD	9,000	$1.6m1.14%	1.14%	Added +1.4k	+1,450 19.2%
23	ISHARES TR US AER DEF ETF ITA	ITA	7,650	$1.4m1.03%	1.03%	Unchanged
24	BOOZ ALLEN HAMILTON HLDG COR CL A BAH	BAH	13,000	$1.4m0.96%	0.96%	Unchanged
25	ALAMOS GOLD INC NEW COM CL A AGI	AGI	50,000	$1.3m0.94%	0.94%	Added +9.0k	+9,000 21.9%
26	WHEATON PRECIOUS METALS CORP COM WPM	WPM	12,500	$1.1m0.80%	0.80%	Unchanged
27	NORTHROP GRUMMAN CORP COM NOC	NOC	2,165	$1.1m0.77%	0.77%	Unchanged
28	COEUR MNG INC COM NEW CDE	CDE	96,132	$851.7k0.61%	0.61%	Unchanged
29	MEREO BIOPHARMA GROUP PLC SPON ADS MREO	MREO	260,470	$705.9k0.50%	0.50%	Unchanged
30	DIAGEO PLC SPON ADR NEW DEO	DEO	6,750	$680.7k0.48%	0.48%	Unchanged
31	VERONA PHARMA PLC SPONSORED ADS VRNA	VRNA	7,049	$666.7k0.47%	0.47%	Unchanged
32	NEW PAC METALS CORP COM NEWP	NEWP	485,000	$649.9k0.46%	0.46%	Unchanged
33	HOOKIPA PHARMA INC COM COM		498,625	$625.8k0.44%	0.44%	Unchanged
34	ABEONA THERAPEUTICS INC COM NEW ABEO	ABEO	62,689	$356.1k0.25%	0.25%	New
35	CENTERRA GOLD INC COM CGAU	CGAU	1,227,863	$170.3k0.12%	0.12%	New
36	ORCHESTRA BIOMED HLDGS INC COM OBIO	OBIO	455,128	$169.8k0.12%	0.12%	New
37	CARDIOL THERAPEUTICS INC COM CL A CRDL	CRDL	100,000	$136.0k0.10%	0.10%	Unchanged
38	Orgenesis, Inc. COM COM		50,623	$74.7k0.05%	0.05%	Unchanged

Sold out since Q1 2025

Security	Ticker	Shares held before	Value then
EQUINOX GOLD CORP EQX	EQX	550,811	$3.8m550.8k shares

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.

Company	Ticker	Stake	Change	Schedule	Last filed
ELICIO THERAPEUTICS INC ELTX · 13G · filed 2026-07-08	ELTX	5.3%≈ $4.7m	+0.1 pts	13G	2026-07-08