Apis Capital Advisors LLC's Q2 2025 13F: 14 new positions, 14 exits
Form 13F-HR for the quarter ended Jun 30, 2025 · filed Aug 13, 2025 · 42 reported positions · accession 0001420506-25-001956
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| New | MAGNITE INC (MGNI) | — | 9.0% | +9.0 pts | +1.05M sh | new |
| New | ARIS MNG CORP (ARMN) | — | 4.5% | +4.5 pts | +1.88M sh | new |
| New | NEW GOLD INC CDA (NGD) | — | 4.5% | +4.5 pts | +2.55M sh | new |
| New | SSR MINING IN (SSRM) | — | 4.4% | +4.4 pts | +979K sh | new |
| Exited | POWELL INDS INC (POWL) | 3.1% | — | −3.1 pts | −37,500 sh | −100% |
| New | SEAGATE TECHNOLOGY HLDNGS PL (STX) | — | 2.8% | +2.8 pts | +54,000 sh | new |
| Increased | SILICON MOTION TECHNOLOGY CO (SIMO) | 4.0% | 6.8% | +2.8 pts | +92,000 sh | +56% |
| Exited | SEA LTD (SE) | 2.4% | — | −2.4 pts | −38,000 sh | −100% |
| Reduced | TALEN ENERGY CORP (TLN) | 11.0% | 9.3% | −1.6 pts | −23,000 sh | −20% |
| Exited | TOAST INC (TOST) | 2.2% | — | −2.2 pts | −140K sh | −100% |
| Exited | IOVANCE BIOTHERAPEUTICS INC (IOVA) | 2.1% | — | −2.1 pts | −1.28M sh | −100% |
| Exited | CIENA CORP (CIEN) | 2.0% | — | −2.0 pts | −69,000 sh | −100% |
| Exited | SKYWEST INC (SKYW) | 2.0% | — | −2.0 pts | −46,700 sh | −100% |
| Exited | ADTRAN HOLDINGS INC (ADTN) | 1.8% | — | −1.8 pts | −435K sh | −100% |
| New | SABRE CORP (SABR) | — | 1.7% | +1.7 pts | +1.48M sh | new |
| Increased | ANI PHARMACEUTICALS INC (ANIP) | 2.1% | 3.0% | +0.9 pts | +63,000 sh | +97% |
| Reduced | HALLADOR ENERGY COMPANY (HNRG) | 6.4% | 4.6% | −1.8 pts | −254K sh | −24% |
| Exited | KASPI KZ JSC (KSPI) | 1.1% | — | −1.1 pts | −24,000 sh | −100% |
| Exited | VIEMED HEALTHCARE INC (VMD) | 1.1% | — | −1.1 pts | −304K sh | −100% |
| Reduced | IES HLDGS INC (IESC) | 3.0% | 3.0% | 0.0 pts | −9,200 sh | −24% |
| Reduced | RED CAT HLDGS INC (RCAT) | 1.9% | 0.8% | −1.1 pts | −366K sh | −54% |
| Exited | MAMAS CREATIONS INC (MAMA) | 0.9% | — | −0.9 pts | −298K sh | −100% |
| Reduced | CORECARD CORPORATION (CCRD) | 1.3% | 0.7% | −0.6 pts | −74,300 sh | −53% |
| Increased | GENERAC HLDGS INC (GNRC) | 3.2% | 3.4% | +0.2 pts | +15,000 sh | +29% |
| Increased | SHARKNINJA INC (SN) | 9.1% | 8.6% | −0.5 pts | +19,000 sh | +8% |
| New | ETON PHARMACEUTICALS INC (ETON) | — | 0.5% | +0.5 pts | +106K sh | new |
| Reduced | PROCEPT BIOROBOTICS CORP (PRCT) | 2.6% | 1.4% | −1.2 pts | −23,047 sh | −25% |
| New | COMSTOCK INC (LODE) | — | 0.5% | +0.5 pts | +340K sh | new |
| Reduced | ASP ISOTOPES INC (ASPI) | 0.4% | 0.1% | −0.4 pts | −167K sh | −87% |
| Increased | RAMBUS INC DEL (RMBS) | 2.4% | 2.5% | +0.2 pts | +18,000 sh | +19% |
| New | KURA ONCOLOGY INC (KURA) | — | 0.4% | +0.4 pts | +180K sh | new |
| Increased | GEO GROUP INC NEW (GEO) | 17.1% | 10.7% | −6.4 pts | +43,000 sh | +4% |
| Exited | GRAVITY CO LTD (GRVY) | 0.4% | — | −0.4 pts | −12,000 sh | −100% |
| New | PUBMATIC INC (PUBM) | — | 0.3% | +0.3 pts | +77,500 sh | new |
| Increased | SCPHARMACEUTICALS INC (SCPH) | 0.6% | 1.0% | +0.4 pts | +247K sh | +49% |
| Increased | BEL FUSE INC (BELFB) | 0.8% | 1.1% | +0.3 pts | +9,400 sh | +44% |
| Increased | CELLEBRITE DI LTD (CLBT) | 2.7% | 2.0% | −0.8 pts | +54,000 sh | +19% |
| New | VISHAY PRECISION GROUP INC (VPG) | — | 0.3% | +0.3 pts | +30,000 sh | new |
| Reduced | GARRETT MOTION INC (GTX) | 0.8% | 0.4% | −0.4 pts | −80,000 sh | −40% |
| Increased | WILLIS LEASE FIN CORP (WLFC) | 1.5% | 1.3% | −0.3 pts | +5,000 sh | +25% |
| Exited | GEOPARK LTD (GPRK) | 0.3% | — | −0.3 pts | −64,000 sh | −100% |
| New | NLIGHT INC (LASR) | — | 0.2% | +0.2 pts | +34,000 sh | new |
| Exited | GILAT SATELLITE NETWORKS LTD (GILT) | 0.2% | — | −0.2 pts | −70,000 sh | −100% |
| Reduced | EDAP TMS S A (EDAP) | 0.5% | 0.1% | −0.4 pts | −298K sh | −57% |
| Reduced | AMPRIUS TECHNOLOGIES INC (AMPX) | 0.2% | 0.1% | −0.1 pts | −106K sh | −64% |
| Increased | SOLID BIOSCIENCES INC (SLDB) | 0.2% | 0.3% | +0.1 pts | +90,000 sh | +82% |
| Exited | FREQUENCY ELECTRS INC (FEIM) | 0.2% | — | −0.2 pts | −20,000 sh | −100% |
| Reduced | CELESTICA INC (CLS) | 2.3% | 3.2% | +0.9 pts | −2,000 sh | −3% |
| New | SUPERCOM LTD NEW (SPCB) | — | 0.1% | +0.1 pts | +30,000 sh | new |
| New | NEURAXIS INC (NRXS) | — | 0.1% | +0.1 pts | +124K sh | new |
The 50 largest of 54 changes, by size of the trade. Full holdings for this quarter.
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
Top 10 positions — 65.9% of the equity book
Changes in the top 10 this quarter: MGNI entered · ARMN entered · NGD entered · SSRM entered · POWL left · IESC left · CLBT left · PRCT left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | GEO GROUP INC NEW (GEO) | 17.1% | 10.7% | |
| 2 | TALEN ENERGY CORP (TLN) | 11.0% | 9.3% | |
| 3 | MAGNITE INC (MGNI) | 0.0% | 9.0% | Entered the top 10 |
| 4 | SHARKNINJA INC (SN) | 9.1% | 8.6% | |
| 5 | SILICON MOTION TECHNOLOGY CO (SIMO) | 4.0% | 6.8% | |
| 6 | HALLADOR ENERGY COMPANY (HNRG) | 6.4% | 4.6% | |
| 7 | ARIS MNG CORP (ARMN) | 0.0% | 4.5% | Entered the top 10 |
| 8 | NEW GOLD INC CDA (NGD) | 0.0% | 4.5% | Entered the top 10 |
| 9 | SSR MINING IN (SSRM) | 0.0% | 4.4% | Entered the top 10 |
| 10 | GENERAC HLDGS INC (GNRC) | 3.2% | 3.4% | |
| — | POWELL INDS INC (POWL) | 3.1% | 0.0% | Left the top 10 |
| — | IES HLDGS INC (IESC) | 3.0% | 3.0% | Left the top 10 |
| — | CELLEBRITE DI LTD (CLBT) | 2.7% | 2.0% | Left the top 10 |
| — | PROCEPT BIOROBOTICS CORP (PRCT) | 2.6% | 1.4% | 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).