AIGH Capital Management LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 29, 2025), AIGH Capital Management LLC reported 34 stock positions worth $213.1 million. Its top holding was Personalis (PSNL) at 11.5% of the portfolio, followed by Huckleberry AI (HUCK, 8.8%) and Scpharmaceuticals (SCPH, 6.9%). Compared with Q1 2025, it opened 2 new positions, sold out of 6, added to 13 and reduced 14. The biggest buy was Huckleberry AI (HUCK, shares +78%) and the biggest sale an exit from BK Technologies (BKTI).

Most Recent 13F
Q2 2026
Location
BALTIMORE, MD
CIK
0001835943
Portfolio Value
$213.1M (Q2 2025)
SEC Filing
0001214659-25-011036 ↗ filed Jul 29, 2025

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $207.3M Q1 2024 Q2 2024: $204.9M Q2 2024 Q3 2024: $213.6M Q3 2024 Q4 2024: $265.7M Q4 2024 Q1 2025: $192.7M Q1 2025 Q2 2025: $213.1M $213.1M Q2 2025 Q3 2025: $285.6M Q3 2025 Q4 2025: $338.3M Q4 2025 Q1 2026: $488.3M Q1 2026 Q2 2026: $1.1B Q2 2026

Holdings 34 stocks · $213.1M

PSNL Personalis Inc. 11.46% 3,723,958 $24.4M Reduce -6.2%
HUCK Huckleberry AI Inc. filed as DOMO INC 8.79% 1,341,518 $18.7M Add +78.5%
SCPH Scpharmaceuticals Inc. 6.91% 3,867,523 $14.7M Reduce -5.6%
ARQ Arq Inc. 6.69% 2,654,486 $14.3M Reduce -4.2%
VPG Vishay Precision Group 5.58% 423,484 $11.9M Add +60.7%
LASR Nlight Inc. 5.54% 600,103 $11.8M New
LPTH Lightpath Technologies Inc. Class A 5.26% 3,642,377 $11.2M Reduce -1.1%
BLZE Backblaze Inc. Class A 4.67% 1,809,096 $10.0M Add +5.7%
VSTM Verastem Inc. 3.90% 2,003,179 $8.3M Reduce -14.3%
ZVRA Zevra Therapeutics Inc. 3.80% 918,893 $8.1M Reduce -36.1%
MYO Myomo Inc. 3.60% 3,555,742 $7.7M Add +22.3%
ELVA Electrovaya Inc. 3.45% 2,155,836 $7.4M Reduce -4.7%
ALNT Allient Inc. 3.41% 200,000 $7.3M New
ELUT Elutia Inc. 3.21% 3,451,025 $6.8M Add +2.1%
COYA Coya Therapeutics Inc. 2.98% 1,105,622 $6.4M Reduce -6.6%
HRTX Heron Therapeutics Inc. 2.92% 3,009,257 $6.2M Add +8.3%
THTX Theratechnologies Inc. 2.31% 2,082,491 $4.9M Reduce -10.5%
ANGO Angiodynamics Inc. 2.21% 474,488 $4.7M No change
RNXT Renovorx Inc. 2.14% 3,467,275 $4.6M No change
PYPD Polypid Ltd. 1.98% 1,194,108 $4.2M Add +27.0%
FENC Fennec Pharmaceuticals Inc. 1.76% 452,400 $3.8M Add +25.3%
GRCE Grace Therapeutics Inc. 1.57% 1,128,497 $3.4M Reduce -14.7%
IPWR Ideal Power Inc. 1.42% 668,623 $3.0M Reduce -18.3%
AMPG Amplitech Group Inc. 0.90% 905,453 $1.9M No change
KALA Kala Bio Inc. 0.67% 300,000 $1.4M Add +52.8%
NRXS Neuraxis Inc. 0.45% 400,000 $968K Add +1913.2%
APRE Aprea Therapeutics Inc. 0.43% 539,300 $913K No change
IDN Intellicheck Inc. 0.39% 154,174 $831K Reduce -90.3%
BIOMX INC 0.33% 1,566,944 $705K No change
BFRI Biofrontera Inc. 0.33% 974,525 $693K Add +33.1%
KPRX Kiora Pharmaceuticals Inc. 0.29% 216,345 $623K Reduce -14.7%
FKWL Franklin Wireless Corp. 0.27% 139,702 $584K Reduce -63.8%
SMTK Smartkem Inc. 0.21% 438,685 $439K Add +50.4%
INAB IN8BIO Inc. 0.15% 149,895 $313K Add +158.4%

Options reported separately and not counted above: GLW calls ($9.2M).

Portfolio Sells Q1 2025 → Q2 2025

BKTI BK Technologies Corp. Sold out 0.00% −5.46
VSTM Verastem Inc. Reduce -14.3% 3.90% −3.41
AKBA Akebia Therapeutics Inc. Sold out 0.00% −2.91
IDN Intellicheck Inc. Reduce -90.3% 0.39% −2.12
ZVRA Zevra Therapeutics Inc. Reduce -36.1% 3.80% −1.79
DCTH Delcath Systems Inc. Sold out 0.00% −1.72
BDSX Biodesix Inc. Sold out 0.00% −1.39
COYA Coya Therapeutics Inc. Reduce -6.6% 2.98% −0.99
TELA Tela Bio Inc. Sold out 0.00% −0.90
FKWL Franklin Wireless Corp. Reduce -63.8% 0.27% −0.87
IPWR Ideal Power Inc. Reduce -18.3% 1.42% −0.79
APPS Digital Turbine Inc. Sold out 0.00% −0.61
KPRX Kiora Pharmaceuticals Inc. Reduce -14.7% 0.29% −0.10
GRCE Grace Therapeutics Inc. Reduce -14.7% 1.57% +0.01
THTX Theratechnologies Inc. Reduce -10.5% 2.31% +0.62
ARQ Arq Inc. Reduce -4.2% 6.69% +0.70
ELVA Electrovaya Inc. Reduce -4.7% 3.45% +0.73
SCPH Scpharmaceuticals Inc. Reduce -5.6% 6.91% +1.32
LPTH Lightpath Technologies Inc. Class A Reduce -1.1% 5.26% +1.42
PSNL Personalis Inc. Reduce -6.2% 11.46% +4.24

Portfolio Buys Q1 2025 → Q2 2025

HUCK Huckleberry AI Inc. Add +78.5% 8.79% +5.77
LASR Nlight Inc. New 5.54% +5.54
ALNT Allient Inc. New 3.41% +3.41
VPG Vishay Precision Group Add +60.7% 5.58% +2.29
PYPD Polypid Ltd. Add +27.0% 1.98% +0.66
FENC Fennec Pharmaceuticals Inc. Add +25.3% 1.76% +0.62
NRXS Neuraxis Inc. Add +1913.2% 0.45% +0.43
BLZE Backblaze Inc. Class A Add +5.7% 4.67% +0.38
KALA Kala Bio Inc. Add +52.8% 0.67% +0.09
INAB IN8BIO Inc. Add +158.4% 0.15% +0.02
BFRI Biofrontera Inc. Add +33.1% 0.33% +0.02
SMTK Smartkem Inc. Add +50.4% 0.21% −0.24
HRTX Heron Therapeutics Inc. Add +8.3% 2.92% −0.25
ELUT Elutia Inc. Add +2.1% 3.21% −1.23
MYO Myomo Inc. Add +22.3% 3.60% −3.65

Options Activity Q1 2025 → Q2 2025

QQQ Invesco QQQ Trust Series 1 put Sold out 70,000 $32.8Mbefore exit
IWM iShares Russell 2000 ETF put Sold out 40,000 $8.0Mbefore exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 42$1.1BSNDK, MXL, INTC, APPS, SIMO
Q1 2026 40$488.3MSNDK, TYGO, SIMO, ZBRA, LASR
Q4 2025 31$338.3MSNDK, CSTL, PSNL, LASR, DAWN
Q3 2025 34$285.6MSNDK, PSNL, HUCK, ARQ, MXL
Q2 2025 34$213.1MPSNL, HUCK, SCPH, ARQ, VPG
Q1 2025 38$192.7MVSTM, MYO, PSNL, ARQ, SCPH
Q4 2024 36$265.7MPSNL, MYO, ARQ, DCTH, MRVL
Q3 2024 37$213.6MPSNL, SCPH, ARQ, DCTH, APPS
Q2 2024 35$204.9MSIMO, INFN, DCTH, SCPH, ARQ
Q1 2024 39$207.3MSCPH, OUST, ELVA, CLRB, DCTH