Apis Capital Advisors, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Apis Capital Advisors, LLC reported 29 stock positions worth $150.1 million. Its top holding was Talen Energy (TLN) at 14.3% of the portfolio, followed by Sharkninja (SN, 14.2%) and Geo (GEO, 7.7%). Compared with Q3 2024, it opened 5 new positions, sold out of 9, added to 13 and reduced 11. The biggest buy was Red Cat (RCAT, shares +62%) and the biggest sale an exit from Tidewater (TDW).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001386892
- Portfolio Value
- $150.1M (Q4 2024)
- SEC Filing
- 0001420506-25-000597 ↗ filed Feb 14, 2025
Holdings Value
Holdings 29 stocks · $150.1M
| TLN Talen Energy Corp. | 14.33% | 106,800 | $21.5M | Reduce -4.6% |
| SN Sharkninja Inc. | 14.22% | 219,200 | $21.3M | Add +28.1% |
| GEO The Geo Group Inc. | 7.67% | 411,500 | $11.5M | Add +10.3% |
| HNRG Hallador Energy Co. | 6.85% | 898,000 | $10.3M | Add +106.9% |
| IOVA Iovance Biotherapeutics Inc. | 6.72% | 1,363,000 | $10.1M | Add +101.9% |
| CLS Celestica Inc. | 6.21% | 101,000 | $9.3M | Reduce -44.9% |
| RCAT Red Cat Holdings Inc. | 5.56% | 650,000 | $8.4M | Add +61.7% |
| GNRC Generac Holdings Inc. | 5.47% | 53,000 | $8.2M | Reduce -17.2% |
| IESC Ies Holdings Inc. filed as IES HLDGS INC | 2.96% | 22,140 | $4.4M | Reduce -52.1% |
| SIMO Silicon Motion Technol-ADR | 2.88% | 80,000 | $4.3M | Add +37.9% |
| SE Sea Ltd.-ADR | 2.61% | 37,000 | $3.9M | New |
| VKTX Viking Therapeutics Inc. | 2.57% | 96,000 | $3.9M | Add +24.7% |
| PI Impinj Inc. | 2.48% | 25,600 | $3.7M | Add +14.3% |
| KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC | 2.33% | 37,000 | $3.5M | Reduce -2.6% |
| TPB Turning Point Brands Inc. | 2.24% | 56,000 | $3.4M | Add +19.1% |
| CCRD Corecard Corp. | 2.07% | 137,128 | $3.1M | Reduce -0.3% |
| MAMA Mama's Creations Inc. | 1.75% | 330,000 | $2.6M | Reduce -26.6% |
| VMD Viemed Healthcare Inc. | 1.49% | 279,600 | $2.2M | Add +14.4% |
| GTX Garrett Motion Inc. | 1.44% | 240,000 | $2.2M | Add +9.1% |
| WLFC Willis Lease Finance Corp. | 1.29% | 9,300 | $1.9M | New |
| AEHR Aehr Test Systems | 1.22% | 110,000 | $1.8M | Reduce -38.2% |
| DCTH Delcath Systems Inc. | 1.08% | 134,400 | $1.6M | New |
| SCPH Scpharmaceuticals Inc. | 0.93% | 394,000 | $1.4M | Add +146.3% |
| GRVY Gravity Co. Ltd.-Sponsored ADR | 0.84% | 20,000 | $1.3M | Add +7.5% |
| FOCL Edap TMS SA -ADR | 0.76% | 519,000 | $1.1M | Reduce -3.9% |
| BELFB Bel Fuse Inc. Class B | 0.70% | 12,800 | $1.1M | Reduce -44.8% |
| BNED Barnes & Noble Education Inc. | 0.57% | 85,000 | $853K | New |
| ASPI Asp Isotopes Inc. | 0.52% | 172,528 | $782K | New |
| CSPI CSP Inc. | 0.21% | 20,000 | $321K | Reduce -33.3% |
Portfolio Sells Q3 2024 → Q4 2024
| TDW Tidewater Inc. | Sold out | 0.00% | −5.98 |
| TMDX Transmedics Group Inc. | Sold out | 0.00% | −4.63 |
| IESC Ies Holdings Inc. | Reduce -52.1% | 2.96% | −3.45 |
| MU Micron Technology Inc. | Sold out | 0.00% | −2.31 |
| HROW Harrow Inc. | Sold out | 0.00% | −1.79 |
| GNRC Generac Holdings Inc. | Reduce -17.2% | 5.47% | −1.60 |
| RIG Transocean Ltd. | Sold out | 0.00% | −1.33 |
| BELFB Bel Fuse Inc. Class B | Reduce -44.8% | 0.70% | −0.56 |
| MAMA Mama's Creations Inc. | Reduce -26.6% | 1.75% | −0.53 |
| KSPI JSC Kaspi.kz ADR | Reduce -2.6% | 2.33% | −0.47 |
| PLPC Preformed Line Products Co. | Sold out | 0.00% | −0.45 |
| AEHR Aehr Test Systems | Reduce -38.2% | 1.22% | −0.37 |
| CLS Celestica Inc. | Reduce -44.9% | 6.21% | −0.31 |
| PESI Perma-Fix Environmental SVCS | Sold out | 0.00% | −0.26 |
| FOCL Edap TMS SA -ADR | Reduce -3.9% | 0.76% | −0.19 |
| SKYH SKY Harbour Group Corp. | Sold out | 0.00% | −0.10 |
| GENK Gen Restaurant Group Inc. | Sold out | 0.00% | −0.06 |
| CSPI CSP Inc. | Reduce -33.3% | 0.21% | −0.06 |
| TLN Talen Energy Corp. | Reduce -4.6% | 14.33% | +0.46 |
| CCRD Corecard Corp. | Reduce -0.3% | 2.07% | +0.68 |
Portfolio Buys Q3 2024 → Q4 2024
| RCAT Red Cat Holdings Inc. | Add +61.7% | 5.56% | +4.85 |
| GEO The Geo Group Inc. | Add +10.3% | 7.67% | +4.33 |
| HNRG Hallador Energy Co. | Add +106.9% | 6.85% | +4.00 |
| SE Sea Ltd.-ADR | New | 2.61% | +2.61 |
| IOVA Iovance Biotherapeutics Inc. | Add +101.9% | 6.72% | +2.31 |
| WLFC Willis Lease Finance Corp. | New | 1.29% | +1.29 |
| SN Sharkninja Inc. | Add +28.1% | 14.22% | +1.27 |
| DCTH Delcath Systems Inc. | New | 1.08% | +1.08 |
| TPB Turning Point Brands Inc. | Add +19.1% | 2.24% | +0.83 |
| BNED Barnes & Noble Education Inc. | New | 0.57% | +0.57 |
| ASPI Asp Isotopes Inc. | New | 0.52% | +0.52 |
| SIMO Silicon Motion Technol-ADR | Add +37.9% | 2.88% | +0.43 |
| SCPH Scpharmaceuticals Inc. | Add +146.3% | 0.93% | +0.42 |
| VMD Viemed Healthcare Inc. | Add +14.4% | 1.49% | +0.25 |
| GTX Garrett Motion Inc. | Add +9.1% | 1.44% | +0.19 |
| GRVY Gravity Co. Ltd.-Sponsored ADR | Add +7.5% | 0.84% | +0.07 |
| VKTX Viking Therapeutics Inc. | Add +24.7% | 2.57% | −0.82 |
| PI Impinj Inc. | Add +14.3% | 2.48% | −0.90 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 60 | $1.0B | GTX, SIMO, CELC, ARIS, OGC |
| Q1 2026 | 52 | $648.3M | ARIS, CELC, GTX, SSRM, SNDK |
| Q4 2025 | 43 | $573.9M | CELC, ARIS, GTX, TLN, SSRM |
| Q3 2025 | 49 | $452.7M | CELC, TLN, SIMO, SSRM, STX |
| Q2 2025 | 42 | $281.5M | GEO, TLN, MGNI, SN, SIMO |
| Q1 2025 | 42 | $206.8M | GEO, TLN, SN, HNRG, SIMO |
| Q4 2024 | 29 | $150.1M | TLN, SN, GEO, HNRG, IOVA |
| Q3 2024 | 33 | $143.7M | TLN, SN, GNRC, CLS, IESC |
| Q2 2024 | 36 | $135.5M | TDW, SN, CLS, ICHR, GNRC |
| Q1 2024 | 36 | $131.8M | ATI, TDW, CLS, SN, VKTX |