Apis Capital Advisors, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Apis Capital Advisors, LLC reported 42 stock positions worth $206.8 million. Its top holding was Geo (GEO) at 17.1% of the portfolio, followed by Talen Energy (TLN, 11.0%) and Sharkninja (SN, 9.1%). Compared with Q4 2024, it opened 16 new positions, sold out of 3, added to 17 and reduced 8. The biggest buy was Geo (GEO, shares +194%) and the biggest sale Iovance Biotherapeutics (IOVA, shares −6%).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001386892
- Portfolio Value
- $206.8M (Q1 2025)
- SEC Filing
- 0001420506-25-001245 ↗ filed May 15, 2025
Holdings Value
Holdings 42 stocks · $206.8M
| GEO The Geo Group Inc. | 17.11% | 1,211,000 | $35.4M | Add +194.3% |
| TLN Talen Energy Corp. | 10.95% | 113,400 | $22.6M | Add +6.2% |
| SN Sharkninja Inc. | 9.10% | 225,600 | $18.8M | Add +2.9% |
| HNRG Hallador Energy Co. | 6.41% | 1,079,935 | $13.3M | Add +20.3% |
| SIMO Silicon Motion Technol-ADR | 4.01% | 164,000 | $8.3M | Add +105.0% |
| GNRC Generac Holdings Inc. | 3.19% | 52,000 | $6.6M | Reduce -1.9% |
| POWL Powell Industries Inc. | 3.09% | 37,500 | $6.4M | New |
| IESC Ies Holdings Inc. filed as IES HLDGS INC | 3.03% | 38,000 | $6.3M | Add +71.6% |
| CLBT Cellebrite Di Ltd. | 2.73% | 290,000 | $5.6M | New |
| PRCT Procept Biorobotics Corp. | 2.56% | 91,000 | $5.3M | New |
| SE Sea Ltd.-ADR | 2.40% | 38,000 | $5.0M | Add +2.7% |
| RMBS Rambus Inc. | 2.35% | 94,000 | $4.9M | New |
| CLS Celestica Inc. | 2.29% | 60,000 | $4.7M | Reduce -40.6% |
| TOST Toast Inc. Class A | 2.25% | 140,000 | $4.6M | New |
| ANIP Ani Pharmaceuticals Inc. | 2.10% | 65,000 | $4.4M | New |
| IOVA Iovance Biotherapeutics Inc. | 2.06% | 1,277,000 | $4.3M | Reduce -6.3% |
| CIEN Ciena Corp. | 2.02% | 69,000 | $4.2M | New |
| SKYW Skywest Inc. | 1.97% | 46,700 | $4.1M | New |
| RCAT Red Cat Holdings Inc. | 1.94% | 682,000 | $4.0M | Add +4.9% |
| ADTN Adtran Holdings Inc. | 1.83% | 435,000 | $3.8M | New |
| WLFC Willis Lease Finance Corp. | 1.51% | 19,800 | $3.1M | Add +112.9% |
| TPB Turning Point Brands Inc. | 1.38% | 48,000 | $2.9M | Reduce -14.3% |
| VKTX Viking Therapeutics Inc. | 1.31% | 112,000 | $2.7M | Add +16.7% |
| CCRD Corecard Corp. | 1.28% | 141,000 | $2.6M | Add +2.8% |
| DCTH Delcath Systems Inc. | 1.13% | 183,000 | $2.3M | Add +36.2% |
| ETNB 89BIO Inc. | 1.11% | 315,000 | $2.3M | New |
| KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC | 1.08% | 24,000 | $2.2M | Reduce -35.1% |
| VMD Viemed Healthcare Inc. | 1.07% | 304,000 | $2.2M | Add +8.7% |
| MAMA Mama's Creations Inc. | 0.94% | 298,000 | $1.9M | Reduce -9.7% |
| ALMU Aeluma Inc. | 0.84% | 242,000 | $1.7M | New |
| GTX Garrett Motion Inc. | 0.81% | 200,000 | $1.7M | Reduce -16.7% |
| BELFB Bel Fuse Inc. Class B | 0.77% | 21,400 | $1.6M | Add +67.2% |
| SCPH Scpharmaceuticals Inc. | 0.64% | 504,947 | $1.3M | Add +28.2% |
| FOCL Edap TMS SA -ADR | 0.50% | 524,000 | $1.0M | Add +1.0% |
| ASPI Asp Isotopes Inc. | 0.43% | 191,000 | $896K | Add +10.7% |
| BNED Barnes & Noble Education Inc. | 0.43% | 85,000 | $893K | No change |
| GRVY Gravity Co. Ltd.-Sponsored ADR | 0.35% | 12,000 | $726K | Reduce -40.0% |
| GPRK Geopark Ltd. | 0.25% | 64,000 | $517K | New |
| AMPX Amprius Technologies Inc. | 0.22% | 166,000 | $445K | New |
| GILT Gilat Satellite Networks Ltd. | 0.21% | 70,000 | $445K | New |
| SLDB Solid Biosciences Inc. | 0.20% | 110,000 | $407K | New |
| FEIM Frequency Electronics Inc. | 0.15% | 20,000 | $313K | New |
Portfolio Sells Q4 2024 → Q1 2025
| IOVA Iovance Biotherapeutics Inc. | Reduce -6.3% | 2.06% | −4.66 |
| CLS Celestica Inc. | Reduce -40.6% | 2.29% | −3.92 |
| PI Impinj Inc. | Sold out | 0.00% | −2.48 |
| GNRC Generac Holdings Inc. | Reduce -1.9% | 3.19% | −2.29 |
| KSPI JSC Kaspi.kz ADR | Reduce -35.1% | 1.08% | −1.26 |
| AEHR Aehr Test Systems | Sold out | 0.00% | −1.22 |
| TPB Turning Point Brands Inc. | Reduce -14.3% | 1.38% | −0.86 |
| MAMA Mama's Creations Inc. | Reduce -9.7% | 0.94% | −0.81 |
| GTX Garrett Motion Inc. | Reduce -16.7% | 0.81% | −0.63 |
| GRVY Gravity Co. Ltd.-Sponsored ADR | Reduce -40.0% | 0.35% | −0.49 |
| CSPI CSP Inc. | Sold out | 0.00% | −0.21 |
Portfolio Buys Q4 2024 → Q1 2025
| GEO The Geo Group Inc. | Add +194.3% | 17.11% | +9.44 |
| POWL Powell Industries Inc. | New | 3.09% | +3.09 |
| CLBT Cellebrite Di Ltd. | New | 2.73% | +2.73 |
| PRCT Procept Biorobotics Corp. | New | 2.56% | +2.56 |
| RMBS Rambus Inc. | New | 2.35% | +2.35 |
| TOST Toast Inc. Class A | New | 2.25% | +2.25 |
| ANIP Ani Pharmaceuticals Inc. | New | 2.10% | +2.10 |
| CIEN Ciena Corp. | New | 2.02% | +2.02 |
| SKYW Skywest Inc. | New | 1.97% | +1.97 |
| ADTN Adtran Holdings Inc. | New | 1.83% | +1.83 |
| SIMO Silicon Motion Technol-ADR | Add +105.0% | 4.01% | +1.13 |
| ETNB 89BIO Inc. | New | 1.11% | +1.11 |
| ALMU Aeluma Inc. | New | 0.84% | +0.84 |
| GPRK Geopark Ltd. | New | 0.25% | +0.25 |
| WLFC Willis Lease Finance Corp. | Add +112.9% | 1.51% | +0.23 |
| AMPX Amprius Technologies Inc. | New | 0.22% | +0.22 |
| GILT Gilat Satellite Networks Ltd. | New | 0.21% | +0.21 |
| SLDB Solid Biosciences Inc. | New | 0.20% | +0.20 |
| FEIM Frequency Electronics Inc. | New | 0.15% | +0.15 |
| BELFB Bel Fuse Inc. Class B | Add +67.2% | 0.77% | +0.07 |
| IESC Ies Holdings Inc. | Add +71.6% | 3.03% | +0.07 |
| DCTH Delcath Systems Inc. | Add +36.2% | 1.13% | +0.05 |
| ASPI Asp Isotopes Inc. | Add +10.7% | 0.43% | −0.09 |
| SE Sea Ltd.-ADR | Add +2.7% | 2.40% | −0.22 |
| FOCL Edap TMS SA -ADR | Add +1.0% | 0.50% | −0.27 |
| SCPH Scpharmaceuticals Inc. | Add +28.2% | 0.64% | −0.29 |
| VMD Viemed Healthcare Inc. | Add +8.7% | 1.07% | −0.42 |
| HNRG Hallador Energy Co. | Add +20.3% | 6.41% | −0.44 |
| CCRD Corecard Corp. | Add +2.8% | 1.28% | −0.80 |
| VKTX Viking Therapeutics Inc. | Add +16.7% | 1.31% | −1.27 |
| TLN Talen Energy Corp. | Add +6.2% | 10.95% | −3.38 |
| RCAT Red Cat Holdings Inc. | Add +4.9% | 1.94% | −3.62 |
| SN Sharkninja Inc. | Add +2.9% | 9.10% | −5.11 |
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 |