Knoll Capital Management, LLC

MIAMI, FL · CIK 1325083 · 13F filing filed 2026-05-15

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.

$188.7m reported value -13.4% vs Q4 2025

37positions

59.8%in top 10

8 new 3 added 3 reduced 4 sold out vs Q4 2025

Holdings, Q1 2026

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	BIOHAVEN PHARMACTL HLDG CO L COM BHVN	BHVN	2,328,602	$19.7m10.44%	10.44%	Unchanged
2	SPROTT PHYSICAL GOLD TR UNIT PHYS	PHYS	387,055	$13.7m7.27%	7.27%	New
3	ROYAL GOLD INC COM RGLD	RGLD	52,750	$13.4m7.11%	7.11%	Unchanged
4	MEIRAGTX HLDGS PLC COM MGTX	MGTX	1,250,000	$10.8m5.74%	5.74%	Unchanged
5	AGNICO EAGLE MINES LTD COM AEM	AEM	52,750	$10.7m5.67%	5.67%	Unchanged
6	KINROSS GOLD CORP COM KGC	KGC	320,000	$9.8m5.18%	5.18%	Reduced -90.0k	-90,000 -21.9%
7	ALDEYRA THERAPEUTICS INC COM ALDX	ALDX	5,475,516	$9.3m4.90%	4.90%	Unchanged
8	SEABRIDGE GOLD INC COM COM		317,003	$9.0m4.76%	4.76%	Unchanged
9	OR ROYALTIES INC. COM SHS OR	OR	225,000	$8.6m4.53%	4.53%	New
10	FRANCO NEV CORP COM FNV	FNV	32,000	$7.9m4.19%	4.19%	Added +7.0k	+7,000 28.0%
11	SSR MINING IN COM SSRM	SSRM	245,000	$7.2m3.82%	3.82%	Unchanged
12	ELICIO THERAPEUTICS INC COM ELTX	ELTX	630,915	$6.7m3.57%	3.57%	Unchanged
13	ENTERA BIO LTD SHS ENTX	ENTX	5,881,879	$6.5m3.43%	3.43%	Unchanged
14	NUVATION BIO INC COM CL A NUVB	NUVB	1,498,591	$6.4m3.41%	3.41%	Unchanged
15	CENTERRA GOLD INC COM CGAU	CGAU	359,000	$6.4m3.38%	3.38%	Reduced -138.4k	-138,402 -27.8%
16	PAN AMERN SILVER CORP COM PAAS	PAAS	100,035	$5.5m2.90%	2.90%	Unchanged
17	SPROTT PHYSICAL SILVER TR TR UNIT PSLV	PSLV	222,160	$5.4m2.87%	2.87%	New
18	OCULAR THERAPEUTIX INC COM OCUL	OCUL	600,400	$5.1m2.69%	2.69%	Unchanged
19	TRIPLE FLAG PRECIOUS METAL COM TFPM	TFPM	115,000	$4.0m2.12%	2.12%	Added +56.2k	+56,200 95.6%
20	GOLD ROYALTY CORP COMMON SHARES GROY	GROY	1,000,000	$3.6m1.90%	1.90%	New
21	ALAMOS GOLD INC NEW COM CL A AGI	AGI	50,000	$2.2m1.18%	1.18%	Unchanged
22	ABEONA THERAPEUTICS INC COM NEW ABEO	ABEO	485,515	$2.2m1.15%	1.15%	Added +249.6k	+249,562 105.8%
23	NEW PAC METALS CORP COM NEWP	NEWP	485,000	$2.0m1.06%	1.06%	Unchanged
24	COEUR MNG INC COM NEW CDE	CDE	96,132	$1.8m0.96%	0.96%	Unchanged
25	ISHARES TR US AER DEF ETF ITA	ITA	7,650	$1.7m0.89%	0.89%	Unchanged
26	PHILIP MORRIS INTL INC COM PM	PM	10,000	$1.7m0.88%	0.88%	Unchanged
27	WHEATON PRECIOUS METALS CORP COM WPM	WPM	12,500	$1.6m0.87%	0.87%	Unchanged
28	NORTHROP GRUMMAN CORP COM NOC	NOC	2,165	$1.5m0.78%	0.78%	Unchanged
29	BOOZ ALLEN HAMILTON HLDG COR CL A BAH	BAH	13,000	$1.0m0.54%	0.54%	Unchanged
30	ELEMENTAL RTY CORP COM NEW ELE	ELE	50,000	$943.0k0.50%	0.50%	New
31	VERSAMET ROYALTIES CORP COM NEW VMET	VMET	66,621	$633.6k0.34%	0.34%	New
32	DAKOTA GOLD CORP COM DC	DC	122,921	$620.8k0.33%	0.33%	Unchanged
33	AMRIZE LTD SHS AMRZ	AMRZ	9,175	$514.0k0.27%	0.27%	New
34	ALTIMMUNE INC COM NEW ALT	ALT	160,000	$492.8k0.26%	0.26%	Reduced -961.5k	-961,524 -85.7%
35	CARDIOL THERAPEUTICS INC COM CL A CRDL	CRDL	100,000	$135.0k0.07%	0.07%	Unchanged
36	PHARMING GROUP NV SPON ADS PHAR	PHAR	4,057	$67.5k0.04%	0.04%	New
37	Orgenesis, Inc. COM COM		50,623	$30.4k0.02%	0.02%	Unchanged

Sold out since Q4 2025

Security	Ticker	Shares held before	Value then
AVADEL PHARMACEUTICALS PLC		600,000	$12.9m600.0k shares
SPDR GOLD TR GLD	GLD	32,000	$12.7m32.0k shares
ISHARES SILVER TR SLV	SLV	80,000	$5.2m80.0k shares
APPLIED THERAPEUTICS INC APLT	APLT	6,050,000	$605.0k6.0m 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