Apis Capital Advisors, LLC
Long book
$648.3M
Q1 2026
Positions
52
Top-10 weight
58%
concentration
Last quarter
+37.5%
SPY +14.8%
Turnover
52%
of book per quarter
Strategy in plain words
auto-generated from filingsApis Capital Advisors, LLC is a concentrated fundamental stock-picker, running a $648.3M US long book across 52 positions.
The portfolio is concentrated: the top 10 names carry 58% of the portfolio. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: ARIS MINING CORP, CELCUITY INC, GARRETT MOTION INC, SSR MINING INC, SANDISK CORP.
Over the last 9 quarters its long book ran on average 8.4pp per quarter ahead of the S&P 500, beating the index in 7 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+8.6%
Q2 2024
+4.4%
Q3 2024
+5.6%
Q4 2024
-14.1%
Q1 2025
+18.2%
Q2 2025
+20.6%
Q3 2025
+21.4%
Q4 2025
+13.8%
Q1 2026
+37.5%
Sector allocation
Technology 28%
Healthcare 22%
Materials 14%
Industrials 12%
Financials 7%
Utilities 7%
Other 4%
Consumer staples 4%
Long book by quarter
What does Apis Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| ARIS ARIS MINING CORP | Materials | 2.5M | $65.1M | 10.0% | +3.9% |
| CELC CELCUITY INC | Healthcare | 515.0K | $58.8M | 9.1% | -14.5% |
| GTX GARRETT MOTION INC | Industrials | 2.7M | $48.4M | 7.5% | +19.5% |
| SSRM SSR MINING INC | Financials | 1.4M | $41.0M | 6.3% | -5.9% |
| SNDK SANDISK CORP | Technology | 49.0K | $31.1M | 4.8% | -57.8% |
| WDC WESTERN DIGITAL CORP | Technology | 109.6K | $29.6M | 4.6% | -39.1% |
| TLN TALEN ENERGY CORP | Utilities | 80.0K | $25.5M | 3.9% | -8.3% |
| STXN SEAGATE TECHNOLOGY HOLDINGS | — | 59.6K | $23.3M | 3.6% | -35.5% |
| TPB TURNING POINT BRANDS INC | Consumer staples | 254.0K | $22.0M | 3.4% | +54.5% |
| CLBT CELLEBRITE DI LTD | Technology | 1.4M | $19.0M | 2.9% | +68.3% |
| LASR NLIGHT INC | Technology | 330.0K | $18.8M | 2.9% | +31.6% |
| SN SHARKNINJA INC | Industrials | 171.0K | $18.1M | 2.8% | -18.6% |
| TOST TOAST INC-CLASS A | Technology | 630.0K | $16.7M | 2.6% | +160.3% |
| HNRG HALLADOR ENERGY CO | Utilities | 839.0K | $13.7M | 2.1% | -8.2% |
| BKD BROOKDALE SENIOR LIVING INC | Healthcare | 980.0K | $13.4M | 2.1% | New |
| ANAB ANAPTYSBIO INC | Healthcare | 238.0K | $13.2M | 2.0% | New |
| SNDX SYNDAX PHARMACEUTICALS INC | Healthcare | 550.0K | $12.8M | 2.0% | -24.0% |
| VVX V2X INC | Services media | 187.0K | $12.8M | 2.0% | New |
| ON ON SEMICONDUCTOR | Technology | 198.0K | $12.3M | 1.9% | New |
| BTU PEABODY ENERGY CORP | Materials | 350.0K | $11.5M | 1.8% | +12.9% |
| LQDA LIQUIDIA CORP | Healthcare | 296.0K | $11.2M | 1.7% | -16.7% |
| PVLA PALVELLA THERAPEUTICS INC | Healthcare | 89.0K | $11.1M | 1.7% | New |
| SITM SITIME CORP | Technology | 27.4K | $9.5M | 1.5% | +73.4% |
| HNGE HINGE HEALTH INC-A | Technology | 211.0K | $8.1M | 1.3% | +52.9% |
| ADUS ADDUS HOMECARE CORP | Healthcare | 79.0K | $7.4M | 1.1% | New |
| FEIM FREQUENCY ELECTRONICS INC | Technology | 86.0K | $3.8M | 0.6% | -13.5% |
| ALM ALMONTY INDUSTRIES INC | Materials | 240.0K | $3.5M | 0.5% | -29.0% |
| AIP ARTERIS INC | Technology | 190.0K | $3.1M | 0.5% | New |
| LPTH LIGHTPATH TECHNOLOGIES INC-A | Technology | 276.0K | $2.8M | 0.4% | -34.9% |
| ALMU AELUMA INC | Technology | 206.0K | $2.7M | 0.4% | +2.0% |
| AAOI APPLIED OPTOELECTRONICS INC | Technology | 30.9K | $2.6M | 0.4% | New |
| AMPX AMPRIUS TECHNOLOGIES INC | Technology | 108.0K | $1.8M | 0.3% | New |
| EVLV EVOLV TECHNOLOGIES HOLDINGS | Technology | 300.0K | $1.8M | 0.3% | New |
| SLDB SOLID BIOSCIENCES INC | Healthcare | 160.0K | $1.2M | 0.2% | -18.4% |
| DYAI DYADIC INTERNATIONAL INC | Healthcare | 1.3M | $1.0M | 0.2% | -14.7% |
| LODE COMSTOCK INC | Other | 300.0K | $915K | 0.1% | -38.0% |
| SPCB SUPERCOM LTD | Technology | 110.0K | $861K | 0.1% | +11.1% |
| CGEM CULLINAN THERAPEUTICS INC | Healthcare | 60.0K | $853K | 0.1% | New |
| MPTI M-TRON INDUSTRIES INC | Technology | 12.0K | $802K | 0.1% | New |
| ATEX ANTERIX INC | Communications | 19.7K | $754K | 0.1% | New |
| VUZI VUZIX CORP | Technology | 320.0K | $739K | 0.1% | -53.8% |
| TLSI TRISALUS LIFE SCIENCES INC | Healthcare | 180.0K | $720K | 0.1% | New |
| MOB MOBILICOM LTD/AUSTRALIA | Industrials | 133.9K | $688K | 0.1% | +21.7% |
| VELO VELO3D INC | Industrials | 68.0K | $639K | 0.1% | New |
| CTGO CONTANGO SILVER & GOLD INC | Materials | 21.5K | $404K | 0.1% | New |
| SKYH SKY HARBOUR GROUP CORP | Real estate | 24.5K | $236K | 0.0% | New |
| TGEN TECOGEN INC/WALTHAM MA | Industrials | 77.0K | $197K | 0.0% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 52 | $648.3M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 43 | $573.9M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 49 | $452.7M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 13, 2025 | 42 | $281.5M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 42 | $206.8M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 29 | $150.1M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 33 | $143.7M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 36 | $135.5M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 36 | $131.8M | canonical | SEC ↗ |
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