DCF Advisers, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 12, 2024), DCF Advisers, LLC reported 81 stock positions worth $187.6 million. Its top holding was Micron Technology (MU) at 11.2% of the portfolio, followed by Alphabet Class C (GOOG, 7.0%) and Regeneron Pharmaceuticals (REGN, 5.8%). Compared with Q1 2024, it opened 15 new positions, sold out of 3, added to 26 and reduced 10. The biggest buy was a new position in Amazon.com (AMZN) and the biggest sale Revance Therapeutics (RVNC, shares −5%).
- Most Recent 13F
- Q2 2026
- Location
- MOUNT PLEASANT, SC
- CIK
- 0001802493
- Portfolio Value
- $187.6M (Q2 2024)
- SEC Filing
- 0001013594-24-000636 ↗ filed Aug 12, 2024
Holdings Value
Holdings 81 stocks · $187.6M
| MU Micron Technology Inc. | 11.22% | 160,000 | $21.0M | Add +0.3% |
| GOOG Alphabet Inc. Class C | 7.01% | 71,650 | $13.1M | No change |
| REGN Regeneron Pharmaceuticals | 5.83% | 10,400 | $10.9M | Reduce -1.9% |
| ARGX Argenx SE - ADR | 4.59% | 20,000 | $8.6M | Reduce -1.0% |
| ITCI Intra-Cellular Therapies Inc. | 3.67% | 100,507 | $6.9M | Add +3.8% |
| LLY Eli Lilly & Co. | 3.38% | 7,000 | $6.3M | No change |
| AMD Advanced Micro Devices | 3.29% | 38,000 | $6.2M | No change |
| ABBV Abbvie Inc. | 2.91% | 31,800 | $5.5M | No change |
| ORCL Oracle Corp. | 2.77% | 36,750 | $5.2M | Reduce -9.8% |
| ET Energy Transfer LP | 2.67% | 309,250 | $5.0M | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 2.66% | 125,350 | $5.0M | No change |
| GLD SPDR Gold Shares | 2.52% | 22,000 | $4.7M | No change |
| IAU iShares Gold Trust | 2.34% | 100,000 | $4.4M | No change |
| XNCR Xencor Inc. | 2.11% | 208,979 | $4.0M | No change |
| SLV iShares Silver Trust | 2.08% | 146,600 | $3.9M | Add +193.2% |
| AAPL Apple Inc. | 2.02% | 18,000 | $3.8M | Add +22.0% |
| AMZN Amazon.com Inc. | 1.75% | 17,000 | $3.3M | New |
| BABA Alibaba Group Holding-SP ADR | 1.72% | 44,800 | $3.2M | Add +17.0% |
| INCY Incyte Corp. | 1.66% | 51,500 | $3.1M | No change |
| AMGN Amgen Inc. | 1.42% | 8,500 | $2.7M | Reduce -17.5% |
| BIDU Baidu Inc. - Spon ADR | 1.38% | 30,000 | $2.6M | Add +55.8% |
| TPB Turning Point Brands Inc. | 1.26% | 73,800 | $2.4M | Reduce -11.6% |
| ZBH Zimmer Biomet Holdings Inc. | 1.26% | 21,719 | $2.4M | No change |
| XJQCX Nuveen Credit Strategies Inc. | 1.25% | 422,000 | $2.3M | Add +1.7% |
| IWM iShares Russell 2000 ETF | 1.24% | 11,500 | $2.3M | No change |
| PRTA Prothena Corp. PLC | 1.18% | 107,500 | $2.2M | Add +0.5% |
| XAODX Abrdn Total Dynamic Dividend | 1.17% | 261,500 | $2.2M | No change |
| TEVA Teva Pharmaceutical-SP ADR | 1.13% | 130,750 | $2.1M | Add +53.8% |
| GDX Vaneck Gold Miners ETF | 1.08% | 59,500 | $2.0M | Add +25.3% |
| BHVN Biohaven Ltd. | 0.96% | 51,700 | $1.8M | New |
| B Barrick Gold Corp. | 0.96% | 107,500 | $1.8M | Add +48.3% |
| ZM Zoom Communications Inc. filed as ZOOM VIDEO COMMUNICATIONS IN | 0.95% | 30,000 | $1.8M | New |
| GM General Motors Co. | 0.87% | 35,000 | $1.6M | No change |
| AVGO Broadcom Inc. | 0.83% | 975 | $1.6M | New |
| CSCO Cisco Systems Inc. | 0.82% | 32,500 | $1.5M | Add +8.3% |
| LFCR Lifecore Biomedical Inc. | 0.80% | 290,684 | $1.5M | Add +2.1% |
| QCOM Qualcomm Inc. | 0.74% | 7,000 | $1.4M | Reduce -17.6% |
| DE Deere & Co. | 0.70% | 3,500 | $1.3M | New |
| F Ford Motor Co. filed as FORD MTR CO DEL | 0.67% | 100,000 | $1.3M | No change |
| MRVL Marvell Technology Inc. | 0.65% | 17,500 | $1.2M | No change |
| INTC Intel Corp. | 0.62% | 37,500 | $1.2M | Add +100.0% |
| SPOT Spotify Technology SA | 0.61% | 3,650 | $1.1M | Add +82.5% |
| IONS Ionis Pharmaceuticals Inc. | 0.58% | 23,000 | $1.1M | New |
| LNSR Lensar Inc. | 0.58% | 241,484 | $1.1M | Add +1.4% |
| BOXX Alpha Architect 1-3 MNTH Box | 0.57% | 9,875 | $1.1M | No change |
| OI O-I Glass Inc. | 0.54% | 90,750 | $1.0M | Add +5.8% |
| META Meta Platforms Inc. Class A | 0.54% | 2,000 | $1.0M | No change |
| PFE Pfizer Inc. | 0.53% | 35,250 | $986K | Add +83.1% |
| T AT&T Inc. | 0.49% | 47,700 | $912K | Reduce -26.6% |
| C Citigroup Inc. | 0.47% | 14,000 | $888K | Add +93.1% |
| STEW SRH Total Return Fund Inc. | 0.46% | 59,000 | $858K | No change |
| BA The Boeing Co. | 0.45% | 4,650 | $846K | Add +5.7% |
| URNM Sprott Uranium Miners ETF | 0.41% | 15,500 | $763K | New |
| BUR Burford Capital Ltd. | 0.36% | 52,000 | $679K | Reduce -5.5% |
| RVNC Revance Therapeutics Inc. | 0.34% | 250,000 | $643K | Reduce -5.1% |
| PYPL PayPal Holdings Inc. | 0.34% | 11,000 | $638K | No change |
| FLUT Flutter Entertainment PLC-Di | 0.31% | 3,200 | $584K | New |
| GDXJ Vaneck Junior Gold Miners | 0.31% | 13,700 | $577K | No change |
| EVO Evotec SE - Spon ADR | 0.29% | 114,953 | $552K | Add +140.5% |
| SNY Sanofi-ADR | 0.28% | 11,000 | $534K | No change |
| LRCX Lam Research Corp. | 0.28% | 500 | $532K | No change |
| EEM iShares MSCI Emerging Market | 0.28% | 12,500 | $532K | No change |
| ZLAB Zai Lab Ltd.-ADR | 0.28% | 30,450 | $528K | New |
| TDOC Teladoc Health Inc. | 0.27% | 52,500 | $513K | Add +2.1% |
| BNED Barnes & Noble Education Inc. | 0.26% | 77,500 | $496K | New |
| WOLF Wolfspeed Inc. | 0.25% | 20,600 | $469K | No change |
| SNOW Snowflake Inc. | 0.23% | 3,250 | $439K | New |
| JNJ Johnson & Johnson | 0.23% | 3,000 | $438K | Add +100.0% |
| PANW Palo Alto Networks Inc. | 0.18% | 1,000 | $339K | No change |
| IOT Samsara Inc. Class A | 0.18% | 10,000 | $337K | No change |
| ALT Altimmune Inc. | 0.15% | 42,868 | $285K | Reduce -55.5% |
| SHOP Shopify Inc. Class A | 0.14% | 4,000 | $264K | New |
| JFR Nuveen Floating Rate Income | 0.14% | 29,500 | $255K | New |
| BIIB Biogen Inc. | 0.12% | 1,000 | $232K | New |
| VRDN Viridian Therapeutics Inc. | 0.12% | 17,750 | $231K | Add +22.4% |
| NOK Nokia Corp.-Spon ADR | 0.10% | 50,000 | $189K | No change |
| ARQ Arq Inc. | 0.07% | 22,000 | $134K | Add +37.5% |
| LCTX Lineage Cell Therapeutics Inc. | 0.06% | 107,751 | $107K | No change |
| TBHC Brand House Collective Inc./T filed as KIRKLANDS INC | 0.02% | 25,415 | $41K | No change |
| OVID Ovid Therapeutics Inc. | 0.02% | 41,750 | $32K | Add +111.6% |
| EQ Equillium Inc. | 0.01% | 32,962 | $23K | New |
Options reported separately and not counted above: ALT calls ($718K), AMZN calls ($580K), AAPL puts ($421K), DE calls ($299K), SHOP calls ($264K), TEVA calls ($244K), ZBH calls ($217K), BHVN puts ($52K), IONS calls ($24K), ESPR calls ($555).
Other holdings (3): bonds, preferreds, convertibles and warrants · $3.7M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| ESPERION THERAPEUTICS (ESPR 4 11/15/25) | NOTE 4.000%11/1 · principal | 2,550,000 | $2.4M | Reduce -8.9% |
| COHERUS ONCOLOGY INC (CHRS 1.5 04/15/26) | NOTE 1.500% 4/1 · principal | 1,350,000 | $999K | Add +50.0% |
| REVANCE THERAPEUTICS INC (RVNC 1.75 02/15/27) | NOTE 1.750% 2/1 · principal | 600,000 | $387K | No change |
Total filed on the 13F, all lines: $191.3M.
Portfolio Sells Q1 2024 → Q2 2024
| RVNC Revance Therapeutics Inc. | Reduce -5.1% | 0.34% | −0.45 |
| ALT Altimmune Inc. | Reduce -55.5% | 0.15% | −0.45 |
| REGN Regeneron Pharmaceuticals | Reduce -1.9% | 5.83% | −0.45 |
| PAAS Pan American Silver Corp. | Sold out | 0.00% | −0.42 |
| AMGN Amgen Inc. | Reduce -17.5% | 1.42% | −0.39 |
| ORCL Oracle Corp. | Reduce -9.8% | 2.77% | −0.38 |
| ARGX Argenx SE - ADR | Reduce -1.0% | 4.59% | −0.31 |
| YETI Yeti Holdings Inc. | Sold out | 0.00% | −0.30 |
| TPB Turning Point Brands Inc. | Reduce -11.6% | 1.26% | −0.24 |
| T AT&T Inc. | Reduce -26.6% | 0.49% | −0.22 |
| BUR Burford Capital Ltd. | Reduce -5.5% | 0.36% | −0.18 |
| QCOM Qualcomm Inc. | Reduce -17.6% | 0.74% | −0.14 |
| AMARIN CORP PLC | Sold out | 0.00% | −0.01 |
Portfolio Buys Q1 2024 → Q2 2024
| AMZN Amazon.com Inc. | New | 1.75% | +1.75 |
| SLV iShares Silver Trust | Add +193.2% | 2.08% | +1.38 |
| BHVN Biohaven Ltd. | New | 0.96% | +0.96 |
| ZM Zoom Communications Inc. | New | 0.95% | +0.95 |
| AVGO Broadcom Inc. | New | 0.83% | +0.83 |
| DE Deere & Co. | New | 0.70% | +0.70 |
| IONS Ionis Pharmaceuticals Inc. | New | 0.58% | +0.58 |
| AAPL Apple Inc. | Add +22.0% | 2.02% | +0.47 |
| URNM Sprott Uranium Miners ETF | New | 0.41% | +0.41 |
| TEVA Teva Pharmaceutical-SP ADR | Add +53.8% | 1.13% | +0.39 |
| FLUT Flutter Entertainment PLC-Di | New | 0.31% | +0.31 |
| SPOT Spotify Technology SA | Add +82.5% | 0.61% | +0.29 |
| ZLAB Zai Lab Ltd.-ADR | New | 0.28% | +0.28 |
| BNED Barnes & Noble Education Inc. | New | 0.26% | +0.26 |
| SNOW Snowflake Inc. | New | 0.23% | +0.23 |
| B Barrick Gold Corp. | Add +48.3% | 0.96% | +0.21 |
| PFE Pfizer Inc. | Add +83.1% | 0.53% | +0.20 |
| C Citigroup Inc. | Add +93.1% | 0.47% | +0.19 |
| GDX Vaneck Gold Miners ETF | Add +25.3% | 1.08% | +0.15 |
| SHOP Shopify Inc. Class A | New | 0.14% | +0.14 |
| BIDU Baidu Inc. - Spon ADR | Add +55.8% | 1.38% | +0.14 |
| JFR Nuveen Floating Rate Income | New | 0.14% | +0.14 |
| BIIB Biogen Inc. | New | 0.12% | +0.12 |
| INTC Intel Corp. | Add +100.0% | 0.62% | +0.11 |
| JNJ Johnson & Johnson | Add +100.0% | 0.23% | +0.09 |
| LNSR Lensar Inc. | Add +1.4% | 0.58% | +0.08 |
| EVO Evotec SE - Spon ADR | Add +140.5% | 0.29% | +0.06 |
| BABA Alibaba Group Holding-SP ADR | Add +17.0% | 1.72% | +0.01 |
| EQ Equillium Inc. | New | 0.01% | +0.01 |
| ARQ Arq Inc. | Add +37.5% | 0.07% | +0.01 |
| OVID Ovid Therapeutics Inc. | Add +111.6% | 0.02% | −0.02 |
| VRDN Viridian Therapeutics Inc. | Add +22.4% | 0.12% | −0.03 |
| BA The Boeing Co. | Add +5.7% | 0.45% | −0.07 |
| CSCO Cisco Systems Inc. | Add +8.3% | 0.82% | −0.10 |
| LFCR Lifecore Biomedical Inc. | Add +2.1% | 0.80% | −0.14 |
| XJQCX Nuveen Credit Strategies Inc. | Add +1.7% | 1.25% | −0.17 |
| TDOC Teladoc Health Inc. | Add +2.1% | 0.27% | −0.20 |
| OI O-I Glass Inc. | Add +5.8% | 0.54% | −0.34 |
| MU Micron Technology Inc. | Add +0.3% | 11.22% | −0.35 |
| PRTA Prothena Corp. PLC | Add +0.5% | 1.18% | −0.45 |
| ITCI Intra-Cellular Therapies Inc. | Add +3.8% | 3.67% | −0.45 |
Options Activity Q1 2024 → Q2 2024
| SPY SS SPDR S&P 500 ETF Trust-US | put | Sold out | 40,500 | $21.2Mbefore exit |
| QQQ Invesco QQQ Trust Series 1 | put | Sold out | 20,000 | $8.9Mbefore exit |
| SPYM Ste STR SPDR PT S&P 500 ETF | put | Sold out | 60,000 | $3.7Mbefore exit |
| GLD SPDR Gold Shares | put | Sold out | 5,000 | $1.0Mbefore exit |
| ALT Altimmune Inc. | call | Reduce -10.7% | 108,000 | $718K |
| AMZN Amazon.com Inc. | call | New | 3,000 | $580K |
| MU Micron Technology Inc. | put | Sold out | 4,000 | $472Kbefore exit |
| AAPL Apple Inc. | put | New | 2,000 | $421K |
| DE Deere & Co. | call | New | 800 | $299K |
| SHOP Shopify Inc. Class A | call | New | 4,000 | $264K |
| TEVA Teva Pharmaceutical-SP ADR | call | Reduce -33.3% | 15,000 | $244K |
| ZBH Zimmer Biomet Holdings Inc. | call | New | 2,000 | $217K |
| SPYM Ste STR SPDR PT S&P 500 ETF | call | Sold out | 2,500 | $154Kbefore exit |
| BIDU Baidu Inc. - Spon ADR | call | Sold out | 1,000 | $105Kbefore exit |
| YETI Yeti Holdings Inc. | call | Sold out | 2,500 | $96Kbefore exit |
| BHVN Biohaven Ltd. | put | New | 1,500 | $52K |
| IONS Ionis Pharmaceuticals Inc. | call | New | 500 | $24K |
| ESPR Esperion Therapeutics Inc. | call | Reduce -92.9% | 250 | $555 |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q1 2024 → Q2 2024
| ESPERION THERAPEUTICS (ESPR 4 11/15/25) | NOTE 4.000%11/1 · principal | Reduce -8.9% | 2,550,000 | $2.4M |
| COHERUS ONCOLOGY INC (CHRS 1.5 04/15/26) | NOTE 1.500% 4/1 · principal | Add +50.0% | 1,350,000 | $999K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 80 | $382.2M | MU, GOOG, AMD, AMZN, ARGX |
| Q1 2026 | 72 | $265.3M | MU, GOOG, ARGX, CRVS, TEVA |
| Q4 2025 | 75 | $302.8M | MU, GOOG, TEVA, ARGX, GDX |
| Q3 2025 | 78 | $264.0M | MU, GOOG, ARGX, GDX, ORCL |
| Q2 2025 | 74 | $207.9M | MU, GOOG, AMZN, ARGX, ORCL |
| Q1 2025 | 74 | $185.8M | MU, GOOG, ARGX, AMZN, IAU |
| Q4 2024 | 78 | $197.6M | MU, ARGX, GOOG, ITCI, AMZN |
| Q3 2024 | 79 | $191.8M | MU, GOOG, ARGX, REGN, ITCI |
| Q2 2024 | 81 | $187.6M | MU, GOOG, REGN, ARGX, ITCI |
| Q1 2024 | 69 | $162.5M | MU, GOOG, REGN, ARGX, AMD |