Q4 2025 · 13F-HR
DCF Advisers, LLCholdings as filed
Filed 2026-02-11 · accession 0001013594-26-000207
$372.8M
Reported value
95
Positions
2025-12-31
Period end
The Brief · DCF Advisers, LLC · Q4 2025
AI · grounded in 13F
DCF Advisers, LLC established a new position in SPY valued at $47.1M. The fund closed its position in INVESCO QQQ TR, resulting in a $27.7M reduction. Other new entries include HELP at $6.3M and CRVS at $5.6M, while the fund increased its stake in TEVA by 15.8%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 595112103 | MU | MICRON TECHNOLOGY INC | $47.7M | 12.8% | 167,250 | Common | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $47.1M | 12.6% | 69,000 | PUT | SOLE |
| 02079K107 | GOOG | ALPHABET INC | $17.9M | 4.80% | 57,000 | Common | SOLE |
| 881624209 | TEVA | TEVA PHARMACEUTICAL-SP ADR | $12.0M | 3.22% | 385,000 | Common | SOLE |
| 04016X101 | ARGX | ARGENX SE | $11.5M | 3.08% | 13,650 | Common | SOLE |
| 92189F106 | GDX | VANECK VECTORS GOLD MINERS ETF | $9.4M | 2.52% | 109,500 | Common | SOLE |
| 532457108 | LLY | LILLY ELI & CO | $8.9M | 2.39% | 8,300 | Common | SOLE |
| 462222100 | IONS | IONIS PHARMACEUTICALS INC | $8.1M | 2.19% | 103,000 | Common | SOLE |
| 464285204 | IAU | ISHARES GOLD TR | $8.1M | 2.18% | 100,000 | Common | SOLE |
| 75886F107 | REGN | REGENERON PHARMACEUTICALS | $7.7M | 2.07% | 10,000 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $7.4M | 1.98% | 32,000 | Common | SOLE |
| 060505104 | BAC | BK OF AMERICA CORP | $6.6M | 1.76% | 119,500 | Common | SOLE |
| 007903107 | AMD | ADVANCED MICRO DEVICES INC | $6.4M | 1.72% | 30,000 | Common | SOLE |
| 595112103 | MU | MICRON TECHNOLOGY INC | $6.4M | 1.72% | 22,500 | PUT | SOLE |
| 23256X407 | HELP | CYBIN INC | $6.3M | 1.70% | 775,588 | Common | SOLE |
| N62509109 | NAMS | NEWAMSTERDAM PHARMA COMPANY | $5.6M | 1.51% | 160,600 | Common | SOLE |
| 221015100 | CRVS | CORVUS PHARMACEUTICALS INC | $5.6M | 1.51% | 729,000 | Common | SOLE |
| 68389X105 | ORCL | ORACLE CORP | $5.6M | 1.49% | 28,500 | Common | SOLE |
| 01609W102 | BABA | ALIBABA GROUP HLDG LTD | $5.5M | 1.47% | 37,400 | Common | SOLE |
| 056752108 | BIDU | BAIDU INC - ADR | $5.3M | 1.42% | 40,500 | Common | SOLE |
| 78463V107 | GLD | SPDR GOLD TR | $5.2M | 1.38% | 13,000 | Common | SOLE |
| 29273V100 | ET | ENERGY TRANSFER L P | $5.0M | 1.33% | 300,500 | Common | SOLE |
| 46428Q109 | SLV | ISHARES SILVER TR | $4.7M | 1.25% | 72,500 | Common | SOLE |
| 90353T100 | UBER | UBER TECHNOLOGIES INC | $4.5M | 1.21% | 55,000 | Common | SOLE |
| 031162100 | AMGN | AMGEN INC | $4.4M | 1.19% | 13,500 | Common | SOLE |
| 172967424 | C | CITIGROUP INC | $4.2M | 1.13% | 36,000 | Common | SOLE |
| 45337C102 | INCY | INCYTE CORP | $4.1M | 1.10% | 41,500 | Common | SOLE |
| 046353108 | AZNN | ASTRAZENECA PLC | $4.1M | 1.09% | 44,300 | Common | SOLE |
| 17275R102 | CSCO | CISCO SYS INC | $3.9M | 1.03% | 50,000 | Common | SOLE |
| 30050E105 | EVO | EVOTEC AG | $3.7M | 0.99% | 1,198,993 | Common | SOLE |
| 514766104 | LFCR | LIFECORE BIOMEDICAL INC | $3.6M | 0.97% | 442,000 | Common | SOLE |
| 881624209 | TEVA | TEVA PHARMACEUTICAL-SP ADR | $3.0M | 0.82% | 97,500 | PUT | SOLE |
| 92189F791 | GDXJ | VANECK ETF TRUST | $3.0M | 0.81% | 26,500 | Common | SOLE |
| 464287523 | SOXX | ISHARES TR | $3.0M | 0.81% | 10,000 | PUT | SOLE |
| 437076102 | HD | HOME DEPOT INC | $2.9M | 0.78% | 8,500 | Common | SOLE |
| 55087P104 | LYFT | LYFT INC | $2.9M | 0.78% | 150,000 | Common | SOLE |
| 98956P102 | ZBH | ZIMMER BIOMET HOLDINGS INC | $2.7M | 0.74% | 30,500 | Common | SOLE |
| 92532F100 | VRTX | VERTEX PHARMACEUTICALS INC | $2.7M | 0.73% | 6,000 | Common | SOLE |
| 067901108 | ABX | BARRICK GOLD CORP | $2.6M | 0.70% | 60,000 | Common | SOLE |
| 98980L101 | ZNGA | ZOOM VIDEO COMMUNICATIONS IN | $2.6M | 0.70% | 30,250 | Common | SOLE |
| 00326L100 | XAODX | ABERDEEN TOTAL DYNAMIC DIVD | $2.6M | 0.70% | 266,000 | Common | SOLE |
| 037833100 | AAPL | APPLE INC | $2.5M | 0.67% | 9,250 | Common | SOLE |
| 00287Y109 | ABBV | ABBVIE INC | $2.5M | 0.66% | 10,750 | Common | SOLE |
| 98401F105 | XNCR | XENCOR INC | $2.4M | 0.64% | 154,736 | Common | SOLE |
| 573874104 | MRVL | MARVELL TECHNOLOGY INC | $2.3M | 0.63% | 27,500 | Common | SOLE |
| 86366E106 | GPCR | STRUCTURE THERAPEUTICS INC | $2.1M | 0.56% | 30,000 | Common | SOLE |
| 67073D102 | XJQCX | NUVEEN CR STRATEGIES INCOME | $2.1M | 0.55% | 408,720 | Common | SOLE |
| 06777U200 | BNED | BARNES & NOBLE ED INC | $2.0M | 0.53% | 214,943 | Common | SOLE |
| 85208P303 | URNM | SPROTT FDS TR | $1.9M | 0.52% | 35,000 | Common | SOLE |
| G72800108 | PRTA | PROTHENA CORP PLC | $1.9M | 0.50% | 195,747 | Common | SOLE |
| 747525103 | QCOM | QUALCOM INC | $1.8M | 0.47% | 10,250 | Common | SOLE |
| 98887Q104 | ZLAB | ZAI LAB LTD | $1.7M | 0.46% | 97,500 | Common | SOLE |
| G1110E107 | BHVN | BIOHAVEN LTD | $1.7M | 0.46% | 151,500 | Common | SOLE |
| 032724106 | ANAB | ANAPTYSBIO INC | $1.7M | 0.46% | 35,250 | Common | SOLE |
| 92790C104 | VRDN | Viridian Therapeutics Inc | $1.6M | 0.44% | 52,700 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $1.6M | 0.42% | 5,000 | PUT | SOLE |
| 11135F101 | AVGO | BROADCOM INC | $1.6M | 0.42% | 4,500 | Common | SOLE |
| 458140100 | INTC | INTEL CORP | $1.5M | 0.40% | 40,000 | Common | SOLE |
| 45254E107 | IMRX | IMMUNEERING CORP | $1.4M | 0.38% | 215,000 | Common | SOLE |
| 52634L108 | LNSR | LENSAR INC | $1.4M | 0.37% | 118,217 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $1.3M | 0.35% | 2,000 | Common | SOLE |
| 512807108 | LRCXEUR | LAM RESEARCH CORP | $1.3M | 0.34% | 7,500 | Common | SOLE |
| 46090E103 | QQQ | INVESCO QQQ TR | $1.2M | 0.33% | 2,000 | PUT | SOLE |
| 717081103 | PFE | PFIZER INC | $1.2M | 0.31% | 47,000 | Common | SOLE |
| 92189F106 | GDX | VANECK VECTORS GOLD MINERS ETF | $1.1M | 0.31% | 15,000 | PUT | SOLE |
| 80105N105 | SNY | SANOFI SA | $1.0M | 0.27% | 21,000 | Common | SOLE |
| 37045V100 | GM | GENERAL MTRS CO | $1.0M | 0.27% | 12,500 | Common | SOLE |
| 031162100 | AMGN | AMGEN INC | $981,930 | 0.26% | 3,000 | CALL | SOLE |
| 90353T100 | UBER | UBER TECHNOLOGIES INC | $979,700 | 0.26% | 10,000 | PUT | SOLE |
| 87918A105 | TDOC | TELADOC HEALTH INC | $962,500 | 0.26% | 137,500 | Common | SOLE |
| 67098H104 | OI | O-I GLASS INC | $955,710 | 0.26% | 64,750 | Common | SOLE |
| 101507101 | STEW | SRH TOTAL RETURN FUND INC | $927,000 | 0.25% | 50,000 | Common | SOLE |
| 98980L101 | ZNGA | ZOOM VIDEO COMMUNICATIONS IN | $862,900 | 0.23% | 10,000 | CALL | SOLE |
| 00770C101 | ARQ | ARQ INC | $852,064 | 0.23% | 260,570 | Common | SOLE |
| 90041L105 | TPB | TURNING PT BRANDS INC | $758,800 | 0.20% | 7,000 | Common | SOLE |
| 464287655 | IWM | ISHARES RUSSELL 2000 | $738,480 | 0.20% | 3,000 | Common | SOLE |
| L8681T102 | SPOT | SPOTIFY TECHNOLOGY S A | $725,888 | 0.19% | 1,250 | Common | SOLE |
| M0854Q105 | ALLT | ALLOT COMMUNICATIONS LTD | $707,760 | 0.19% | 72,000 | Common | SOLE |
| 256163106 | DOCU | DOCUSIGN INC | $649,800 | 0.17% | 9,500 | CALL | SOLE |
| 02155H200 | ALT | ALTIMMUNE INC | $570,380 | 0.15% | 158,000 | CALL | SOLE |
| G1110E107 | BHVN | BIOHAVEN LTD | $530,630 | 0.14% | 47,000 | CALL | SOLE |
| 09062X103 | BIIB | BIOGEN INC | $439,975 | 0.12% | 2,500 | CALL | SOLE |
| 855244109 | SBUX | STARBUCKS CORP | $421,050 | 0.11% | 5,000 | CALL | SOLE |
| 138103106 | UTE0 | CANTALOUPE INC | $355,770 | 0.10% | 33,500 | Common | SOLE |
| 55087P104 | LYFT | LYFT INC | $338,975 | 0.09% | 17,500 | CALL | SOLE |
| 881624209 | TEVA | TEVA PHARMACEUTICAL-SP ADR | $312,100 | 0.08% | 10,000 | CALL | SOLE |
| 70450Y103 | PYPL | PAYPAL HOLDINGS INC | $291,900 | 0.08% | 5,000 | Common | SOLE |
| 92532F100 | VRTX | VERTEX PHARMACEUTICALS INC | $226,680 | 0.06% | 500 | CALL | SOLE |
| 59151K108 | MEOH | METHANEX CORP | $218,460 | 0.06% | 5,500 | Common | SOLE |
| 056752108 | BIDU | BAIDU INC - ADR | $195,990 | 0.05% | 1,500 | CALL | SOLE |
| G17977110 | BUR | BURFORD CAP LTD | $173,940 | 0.05% | 19,500 | Common | SOLE |
| N44821101 | IFRX | INFLARX NV | $160,085 | 0.04% | 158,500 | Common | SOLE |
| 039697107 | ARDX | ARDELYX INC | $116,600 | 0.03% | 20,000 | Common | SOLE |
| 02155H200 | ALT | ALTIMMUNE INC | $67,507 | 0.02% | 18,700 | Common | SOLE |
| 98887Q104 | ZLAB | ZAI LAB LTD | $26,460 | 0.01% | 1,500 | PUT | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.