Apis Capital Advisors LLC's Q3 2023 13F: 1 new position, 8 exits

Form 13F-HR for the quarter ended Sep 30, 2023 · filed Nov 13, 2023 · 23 reported positions · accession 0001420506-23-002027

View the filing on SEC.gov

What changed this quarter

Activity Security Weight before Weight now Change Shares Shares %
Reduced TIDEWATER INC NEW (TDW) 12.1% 15.0% +2.9 pts −53,300 sh −25%
Exited SILICON MOTION TECHNOLOGY CO (SIMO) 4.1% — −4.1 pts −56,000 sh −100%
Exited PBF ENERGY INC (PBF) 3.6% — −3.6 pts −88,000 sh −100%
Exited LITHIUM AMERS CORP NEW (LACDF) 2.3% — −2.3 pts −112K sh −100%
New VIKING THERAPEUTICS INC (VKTX) — 2.1% +2.1 pts +148K sh new
Reduced APPLIED DIGITAL CORP (APLD) 2.3% 0.4% −2.0 pts −201K sh −81%
Exited INNODATA INC (INOD) 1.6% — −1.6 pts −140K sh −100%
Reduced ORION S.A. (OEC) 7.1% 7.9% +0.9 pts −42,000 sh −13%
Exited ASSERTIO HOLDINGS INC (ASRT) 1.0% — −1.0 pts −180K sh −100%
Reduced DAY ONE BIOPHARMACEUTICALS I (DAWN) 1.1% 0.5% −0.6 pts −61,000 sh −68%
Reduced GOLAR LNG LTD (GLNG) 5.9% 8.2% +2.4 pts −26,000 sh −9%
Reduced SILICOM LTD (SILC) 9.9% 8.3% −1.6 pts −21,377 sh −8%
Exited KLX ENERGY SERVICS HOLDNGS I (KLXE) 0.6% — −0.6 pts −60,000 sh −100%
Increased EDAP TMS S A (EDAP) 4.1% 4.6% +0.5 pts +64,047 sh +14%
Exited EBIX INC (EBIXQ) 0.5% — −0.5 pts −20,000 sh −100%
Reduced KRYSTAL BIOTECH INC (KRYS) 3.2% 3.6% +0.4 pts −2,800 sh −10%
Reduced TIGO ENERGY INC (TYGO)
prior share count adjusted for a stock split
 1.3% 1.0% −0.3 pts −30,923 sh −22%
Increased EVOLV TECHNOLOGIES HLDNGS IN (EVLV) 0.6% 0.9% +0.3 pts +38,000 sh +37%
Increased TRANSOCEAN LTD (RIG) 9.1% 13.9% +4.8 pts +22,000 sh +2%
Exited GOSSAMER BIO INC (GOSS) 0.2% — −0.2 pts −180K sh −100%
Increased GARRETT MOTION INC (GTX) 2.0% 2.9% +0.9 pts +20,000 sh +8%
Reduced FENNEC PHARMACEUTICALS INC (FENC) 0.8% 0.7% −0.1 pts −20,000 sh −22%
Reduced GRAVITY CO LTD (GRVY) 1.0% 1.1% +0.1 pts −1,855 sh −13%
Reduced CORECARD CORPORATION (CCRD) 6.8% 6.8% −0.1 pts −5,400 sh −2%
Increased PERMA-FIX ENVIRONMENTAL SVCS (PESI) 0.7% 0.9% +0.2 pts +6,000 sh +10%
Increased CUTERA INC (CUTRQ) 0.6% 0.4% −0.2 pts +10,000 sh +25%
Reduced ATI INC (ATI) 15.5% 18.5% +3.0 pts −1,000 sh 0%
Increased XPEL INC (XPEL) 1.1% 1.3% +0.2 pts +300 sh +2%
Reduced SYPRIS SOLUTIONS INC (SYPR) 0.2% 0.3% 0.0 pts −646 sh −1%

Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled

* Prior share counts adjusted or corrected for a stock split — changes are measured from the adjusted count:

  • TIGO ENERGY INC (TYGO): 70,624 shares as filed last quarter, 141K after adjustment → 110K now (prior share count adjusted for a stock split)

† Security identifier (CUSIP) changed — read as one continuing position, not an exit and a new position:

  • CEPTON INC (CPTN): 15673X101 → 15673X200, 304K → 56,000 shares (share count changed with the identifier; not shown as a trade)

Top 10 positions — 89.7% of the equity book

Changes in the top 10 this quarter: KRYS entered · GTX entered · SIMO left · PBF left

# Security Weight before Weight now
1 ATI INC (ATI) 15.5% 18.5%
2 TIDEWATER INC NEW (TDW) 12.1% 15.0%
3 TRANSOCEAN LTD (RIG) 9.1% 13.9%
4 SILICOM LTD (SILC) 9.9% 8.3%
5 GOLAR LNG LTD (GLNG) 5.9% 8.2%
6 ORION S.A. (OEC) 7.1% 7.9%
7 CORECARD CORPORATION (CCRD) 6.8% 6.8%
8 EDAP TMS S A (EDAP) 4.1% 4.6%
9 KRYSTAL BIOTECH INC (KRYS) 3.2% 3.6% Entered the top 10
10 GARRETT MOTION INC (GTX) 2.0% 2.9% Entered the top 10
— SILICON MOTION TECHNOLOGY CO (SIMO) 4.1% 0.0% Left the top 10
— PBF ENERGY INC (PBF) 3.6% 0.0% Left the top 10

Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).