Apis Capital Advisors, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Apis Capital Advisors, LLC reported 43 stock positions worth $573.9 million. Its top holding was Celcuity (CELC) at 10.5% of the portfolio, followed by Aris Mining (ARIS, 6.8%) and Garrett Motion (GTX, 6.8%). Compared with Q3 2025, it opened 8 new positions, sold out of 14, added to 18 and reduced 16. The biggest buy was Garrett Motion (GTX, shares +1493%) and the biggest sale an exit from Geo (GEO).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001386892
- Portfolio Value
- $573.9M (Q4 2025)
- SEC Filing
- 0001420506-26-000541 ↗ filed Feb 17, 2026
Holdings Value
Holdings 43 stocks · $573.9M
| CELC Celcuity Inc. | 10.46% | 602,000 | $60.0M | Reduce -22.4% |
| ARIS Aris Mining Corp. filed as ARIS MNG CORP | 6.85% | 2,424,000 | $39.3M | Reduce -3.6% |
| GTX Garrett Motion Inc. | 6.77% | 2,230,000 | $38.9M | Add +1492.9% |
| TLN Talen Energy Corp. | 5.70% | 87,200 | $32.7M | Add +14.1% |
| SSRM SSR Mining Inc. | 5.66% | 1,482,000 | $32.5M | Add +33.6% |
| WDC Western Digital Corp. | 5.40% | 179,900 | $31.0M | Reduce -13.0% |
| SNDK Sandisk Corp. | 4.80% | 116,000 | $27.5M | Reduce -32.2% |
| STX Seagate Technology Holdings | 4.43% | 92,400 | $25.4M | Reduce -19.2% |
| NGD New Gold Inc. | 4.35% | 2,866,000 | $25.0M | Reduce -10.3% |
| SN Sharkninja Inc. | 4.09% | 210,000 | $23.5M | Add +6.3% |
| SIMO Silicon Motion Technol-ADR | 3.46% | 214,080 | $19.8M | Reduce -25.1% |
| TPB Turning Point Brands Inc. | 3.10% | 164,377 | $17.8M | Add +186.2% |
| HNRG Hallador Energy Co. | 3.03% | 914,000 | $17.4M | Add +7.0% |
| ANIP Ani Pharmaceuticals Inc. | 2.70% | 196,000 | $15.5M | Add +19.5% |
| SNDX Syndax Pharmaceuticals Inc. | 2.65% | 724,000 | $15.2M | Add +13.5% |
| CLBT Cellebrite Di Ltd. | 2.58% | 820,000 | $14.8M | Add +34.4% |
| LQDA Liquidia Corp. | 2.13% | 355,200 | $12.3M | Reduce -15.6% |
| ABVX Abivax SA-ADR | 2.09% | 89,000 | $12.0M | Reduce -15.6% |
| MGNI Magnite Inc. | 1.71% | 604,000 | $9.8M | Reduce -28.0% |
| LASR Nlight Inc. | 1.64% | 250,800 | $9.4M | Add +736.0% |
| BTU Peabody Energy Corp. | 1.60% | 310,000 | $9.2M | New |
| TOST Toast Inc. Class A | 1.50% | 242,000 | $8.6M | New |
| TVTX Travere Therapeutics Inc. | 1.24% | 186,002 | $7.1M | Add +12.1% |
| CLS Celestica Inc. | 1.22% | 23,764 | $7.0M | Reduce -13.4% |
| MNKD Mannkind Corp. | 1.19% | 1,200,100 | $6.8M | New |
| HNGE Hinge Health Inc. Class A | 1.12% | 138,000 | $6.4M | New |
| TATT Tat Technologies Ltd. | 0.98% | 126,496 | $5.6M | Add +10.0% |
| SITM Sitime Corp. | 0.97% | 15,800 | $5.6M | New |
| FEIM Frequency Electronics Inc. | 0.93% | 99,400 | $5.4M | Add +231.3% |
| APLS Apellis Pharmaceuticals Inc. | 0.84% | 192,000 | $4.8M | New |
| LPTH Lightpath Technologies Inc. Class A | 0.80% | 424,000 | $4.6M | Add +430.0% |
| RIOT Riot Platforms Inc. | 0.77% | 349,334 | $4.4M | Add +55.3% |
| ALMU Aeluma Inc. | 0.60% | 202,000 | $3.5M | Reduce -20.3% |
| ALM Almonty Industries Inc. | 0.52% | 338,000 | $3.0M | Reduce -0.1% |
| VUZI Vuzix Corp. | 0.46% | 692,000 | $2.6M | Add +5.2% |
| LODE Comstock Inc. | 0.32% | 484,000 | $1.8M | Reduce -4.0% |
| FENC Fennec Pharmaceuticals Inc. | 0.27% | 204,000 | $1.6M | New |
| DYAI Dyadic International Inc. | 0.24% | 1,490,000 | $1.4M | Reduce -3.3% |
| DCTH Delcath Systems Inc. | 0.24% | 136,000 | $1.4M | Reduce -44.7% |
| SLDB Solid Biosciences Inc. | 0.19% | 196,000 | $1.1M | No change |
| SPCB Supercom Ltd. | 0.16% | 99,000 | $896K | Add +5.3% |
| MOB Mobilicom Ltd./Australia | 0.12% | 110,080 | $671K | Add +83.5% |
| VICR Vicor Corp. | 0.11% | 6,000 | $658K | New |
Portfolio Sells Q3 2025 → Q4 2025
| GEO The Geo Group Inc. | Sold out | 0.00% | −3.89 |
| GNRC Generac Holdings Inc. | Sold out | 0.00% | −2.77 |
| SIMO Silicon Motion Technol-ADR | Reduce -25.1% | 3.46% | −2.53 |
| MGNI Magnite Inc. | Reduce -28.0% | 1.71% | −2.33 |
| STX Seagate Technology Holdings | Reduce -19.2% | 4.43% | −1.53 |
| QURE Uniqure NV | Sold out | 0.00% | −0.82 |
| WLFC Willis Lease Finance Corp. | Sold out | 0.00% | −0.77 |
| NGD New Gold Inc. | Reduce -10.3% | 4.35% | −0.72 |
| IPGP Ipg Photonics Corp. | Sold out | 0.00% | −0.61 |
| ETON Eton Pharmaceuticals Inc. | Sold out | 0.00% | −0.56 |
| SCPH Scpharmaceuticals Inc. | Sold out | 0.00% | −0.55 |
| TIC Tic Solutions Inc. | Sold out | 0.00% | −0.55 |
| DCTH Delcath Systems Inc. | Reduce -44.7% | 0.24% | −0.34 |
| TGEN Tecogen Inc./Waltham Ma | Sold out | 0.00% | −0.30 |
| ALMU Aeluma Inc. | Reduce -20.3% | 0.60% | −0.30 |
| CLS Celestica Inc. | Reduce -13.4% | 1.22% | −0.27 |
| CAAP Corp. America Airports SA | Sold out | 0.00% | −0.16 |
| DYAI Dyadic International Inc. | Reduce -3.3% | 0.24% | −0.16 |
| PVLA Palvella Therapeutics Inc. | Sold out | 0.00% | −0.14 |
| AIP Arteris Inc. | Sold out | 0.00% | −0.13 |
| WDC Western Digital Corp. | Reduce -13.0% | 5.40% | −0.08 |
| IDR Idaho Strategic Resources Inc. | Sold out | 0.00% | −0.07 |
| VELO VELO3D Inc. | Sold out | 0.00% | −0.07 |
| LODE Comstock Inc. | Reduce -4.0% | 0.32% | −0.06 |
| LQDA Liquidia Corp. | Reduce -15.6% | 2.13% | +0.02 |
| ALM Almonty Industries Inc. | Reduce -0.1% | 0.52% | +0.07 |
| ABVX Abivax SA-ADR | Reduce -15.6% | 2.09% | +0.11 |
| SNDK Sandisk Corp. | Reduce -32.2% | 4.80% | +0.56 |
| ARIS Aris Mining Corp. | Reduce -3.6% | 6.85% | +1.41 |
| CELC Celcuity Inc. | Reduce -22.4% | 10.46% | +1.99 |
Portfolio Buys Q3 2025 → Q4 2025
| GTX Garrett Motion Inc. | Add +1492.9% | 6.77% | +6.35 |
| TPB Turning Point Brands Inc. | Add +186.2% | 3.10% | +1.85 |
| BTU Peabody Energy Corp. | New | 1.60% | +1.60 |
| TOST Toast Inc. Class A | New | 1.50% | +1.50 |
| LASR Nlight Inc. | Add +736.0% | 1.64% | +1.44 |
| MNKD Mannkind Corp. | New | 1.19% | +1.19 |
| HNGE Hinge Health Inc. Class A | New | 1.12% | +1.12 |
| SITM Sitime Corp. | New | 0.97% | +0.97 |
| APLS Apellis Pharmaceuticals Inc. | New | 0.84% | +0.84 |
| FEIM Frequency Electronics Inc. | Add +231.3% | 0.93% | +0.71 |
| LPTH Lightpath Technologies Inc. Class A | Add +430.0% | 0.80% | +0.66 |
| SNDX Syndax Pharmaceuticals Inc. | Add +13.5% | 2.65% | +0.48 |
| TVTX Travere Therapeutics Inc. | Add +12.1% | 1.24% | +0.36 |
| FENC Fennec Pharmaceuticals Inc. | New | 0.27% | +0.27 |
| VICR Vicor Corp. | New | 0.11% | +0.11 |
| CLBT Cellebrite Di Ltd. | Add +34.4% | 2.58% | +0.08 |
| VUZI Vuzix Corp. | Add +5.2% | 0.46% | +0.00 |
| MOB Mobilicom Ltd./Australia | Add +83.5% | 0.12% | −0.01 |
| SPCB Supercom Ltd. | Add +5.3% | 0.16% | −0.09 |
| TATT Tat Technologies Ltd. | Add +10.0% | 0.98% | −0.13 |
| RIOT Riot Platforms Inc. | Add +55.3% | 0.77% | −0.17 |
| SSRM SSR Mining Inc. | Add +33.6% | 5.66% | −0.32 |
| SN Sharkninja Inc. | Add +6.3% | 4.09% | −0.41 |
| ANIP Ani Pharmaceuticals Inc. | Add +19.5% | 2.70% | −0.62 |
| HNRG Hallador Energy Co. | Add +7.0% | 3.03% | −0.66 |
| TLN Talen Energy Corp. | Add +14.1% | 5.70% | −1.48 |
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 |