Think globally

Our borderless approach to stock-picking unearths unique investments to deliver strong, long-term results for our clients

Key Statistics

  • 8

    years investment track record

  • 12

    countries represented across our investment portfolios

  • 20

    years of Partners’ combined investment experience

Key Statistics

The Firm

Apis Capital Advisors, LLC is a privately-owned investment advisory firm, driven by performance and guided by deep experience across global equity markets

  • Apis Capital was founded in 2004. Since its launch, the firm has navigated various economic and market cycles
  • Our Founding Partners – Daniel Barker and Eric Almeraz – have significant international investing experience and have been working together for nearly 20 years
The Firm

Investment Strategy

As a boutique manager, our approach to investing is based on our ability to "connect the dots" across borders and leverage our experience around the world, employ our extensive international network and produce an eclectic, global portfolio of companies for our clients

  • We are global long/short and long-only equity investors, with an emphasis on small- and medium-capitalization securities
  • Apis Capital employs a fundamental, bottom-up research process and focuses on globally-oriented industries, such as: Technology, Healthcare, Consumer, and Industrials/Cyclicals
  • The firm's Partners have also invested a significant amount of their own personal capital alongside that of our clients
Investment Strategy

Featured Ideas

1 / 12
  • Tokyo, Japan

    The Company is engaged in the manufacturing and sales of industrial precious metal products.
  • Tokyo, Japan

    Beenos engages in the electronic commerce business, operating through its Electronic Commerce and Incubation segments.
  • Nara, Japan

    Hirano Tecseed is primarily engaged in the manufacture and sale of coating machines-related and chemical machines-related equipment, among others.
  • Kyoto, Japan

    The Company designs and manufactures integrated circuits (ICs), semiconductors, and other electronic components.
  • Tokyo, Japan

    Ushio produces and sells light application products, industrial equipment, and other products in Asia, Europe, and North America.
  • Tokyo, Japan

    The Company engages in the production and sale of synthetic rubbers and specialty plastics.
  • Balcatta, Australia

    IMDEX provides provision of mining equipment, technology, and services. It operates through its AMC and REFLEX brands.

  • Santa Monica, California, USA

    Opiant is a specialty pharmaceutical company with a mission to create best-in-class medicines for the treatment of addictions and drug overdose.

  • Taoyuan City, Taiwan

    The Company is a world leading manufacturer of complete electronic test and measurement solutions for commercial, automotive, military and government industries.

  • Tokyo, Japan

    Ferrotec Holdings is primarily engaged in the semiconductor equipment related business, the solar cell related business and the electronic devices business.

  • Changwon, South Korea

    HSD Engine manufactures and sells diesel engines worldwide. The company provides low and medium speed marine diesel engines for ocean-going vessels; and diesel engines for electric power generation.

  • Garching, Germany

    The Company is a supplier of equipment and process solutions for the semiconductor industry and related markets.
  • Warsaw, Poland

    CD Projekt S.A. engages in the development and digital distribution of videogames for personal computers and video game consoles worldwide.

  • Gaithersburg, Maryland, USA

    MaxCyte, Inc. provides laboratory testing and research services. The Company offers processing assemblies, protein production, cell analysis, and antibodies research services.

  • Fairmont, West Virginia, USA

    MVB Financial Corporation is a bank holding company. The Company operates banks in parts of West Virginia and offers a range of financial products and services.

  • Redwood City, California, USA

    Nevro Corp. operates as a medical device company focused on providing products for patients suffering from debilitating chronic pain.

  • Yokohama, Japan

    Yamashin Filter Corporation is a filter manufacturing and selling company. The Company focuses on filters for construction and agricultural machines, drive-train, fuel systems, and other filter-related products for industrial and precision machines.

  • Leawood, Kansas, USA

    The Company, through its subsidiaries, provides theatrical exhibition, movie screening, food distribution, online ticket booking, and other related services. AMC Entertainment offers movie theaters worldwide.

  • Cary, North Carolina, USA

    Cornerstone Building Brands, together with its subsidiaries, designs, manufactures and installs external building products for the commercial, residential, and repair and remodel markets globally.
  • Johannesburg, South Africa

    Impala Platinum Holdings Limited or Implats is a South African holding company that owns several companies which operate mines that produce platinum and platinum group metals, as well as nickel, copper and cobalt.
  • Seoul, South Korea

    Gravity is a gaming corporation primarily known for the development of the massively multiplayer online role-playing game Ragnarök Online.
  • Milan, Italy

    Maire Tecnimont SpA has multiple operating companies in the engineering, technology and energy sectors. It deals in plant engineering in oil and gas, chemicals and petrochemicals, in green chemistry and in technology supporting energy transition.
  • Seongnam-si, South Korea

    Neowiz engages in the development and publishing of online and mobile game contents. Its products include online, web board, and smart phone games.
  • Hamilton, Bermuda

    Sylvania Platinum Limited engages in the retreatment of platinum group metals (PGM) bearing chrome tailings materials in South Africa and Mauritius. The company produces PGMs, such as platinum, palladium, and rhodium.
  • Zapopan, Mexico

    Betterware de Mexico, SAB de CV operates as a direct-to-consumer company in Mexico. The company focuses on the home organization segment with a product portfolio including home organization, kitchen preparation, food containers, technology and mobility, and others.
  • Meudon, France

    Cast SA engages in providing software solutions. The company's activities include capturing and quantifying the reliability, security, complexity, and size of business applications. It also introduces fact-based transparency into software asset management, application development and maintenance.
  • Wroclaw, Poland

    LiveChat Software SA engages in the development and sale of software solutions for online businesses. It provides online customer service tools such as live support, instant messaging, and chat software.
  • Okinawa, Japan

    Okinawa Electric Power Co. engages in the power distribution business.
  • Vizcaya, Spain

    Siemens Gamesa Renewable Energy SA engages in the provision of renewable energy services. It operates through the Wind Turbine and Operations Maintenance segments. Its products and services include onshore and offshore wind turbines and service wind.
  • Nantou City, Taiwan

    Swancor Holding is engaged in the provision of environmental protection and corrosion resistant materials, wind power blade materials such as infusion resins, mold resins, adhesives and prepreg resins for wind turbine blade beams, as well as composite materials such as environmentally friendly resins, rail transit safety materials and epoxy resins.
  • Hiroshima, Japan

    Chugoku Electric Power Co. engages in the generation, transmission, and distribution of electric power.
  • Toyama, Japan

    Hokuriku Electric Power Co. engages in the supply of electricity through integrated power generation, transmission, and distribution systems.
  • Roermond, Netherlands

    Sif Holding NV engages in the manufacturing of metal structures, parts of metal structures, pipes, pipe structures, components for the offshore industry and foundation piles for offshore wind farms.
  • Landshut, Germany

    Endor AG engages in the development and sale of gaming devices and accessories. Its products include gaming steering wheels, controllers, and hardware for game consoles and personal computers.
  • Chantepie, France

    Guillemot Corporation engages in the manufacture and design of entertainment hardware and accessories. It operates through Hercules, Thrustmaster, and DJUCED business brands.
  • Norcross, GA, USA

    Intelligent Systems Corporation, through its subsidiary, CoreCard Software, Inc., provides technology solutions and processing services to the financial technology and services market in the United States and European Union. CoreCard provides prepaid and credit card processing services using its proprietary software solutions that it also licenses to others.

  • Ta' Xbiex, Malta

    Kambi Group plc operates as a business-to-business provider of sports betting services and is publicly listed in Stockholm. The Company offers a software platform with front-end user interface, odds compiling, customer intelligence, and risk management. Kambi Group serves gaming operators globally.

  • Hamburg, Germany

    Encavis AG provides electricity generation from power plants. The Company produces & sells electric power primarily from renewable solar energy plants, as well as specializes in the technical operation of solar parks, routine maintenance, monitoring, incident management, and performance analysis. Encavis serves the renewable energy sector in Europe.

  • Saint-Rémy-lès-Chevreuse, France

    Gaztransport & Technigaz is an engineering company. The company earns royalties on cargo containment systems for liquefied natural gas carriers and land storage of liquefied natural gas.

  • Tokyo, Japan

    Nexon Co., Ltd. is a South Korean company (headquartered and listed in Japan) which develops and services, online games for PC and mobile devices. The Company also offers consulting services related to online-games.

  • Bayreuth, Germany

    7C Solarparken AG provides energy solutions. The Company designs, develops, and operates solar power energy systems. 7C Solarparken serves customers in Germany.

  • Miaoli, Taiwan

    Sinbon Electronics Co., Ltd. markets cable, connectors, and modems. The Company exports its products mainly to other Asian countries, America, and Europe.

  • Madrid, Spain

    Solaria Energía y Medio Ambiente SA provides solar power generation solutions. The Company generates and sells energy from solar power panels. Solaria Energía y Medio Ambiente serves customers in the European Union and Latin America.

  • Dallas, TX, USA

    Texas Pacific Land Trust was formed in 1888 and today, the Trust is one of the largest landowners in the State of Texas operating an oil and water royalty business focused in the Permian basin.

  • Gyeonggi-do, South Korea

    Tokai Carbon Korea Co., Ltd. produces silicon carbide products used in semiconductor wafer production and silicon single crystal puller parts. The Company also produces carbon products used in rubber parts for machineries.

  • Hiroshima, Japan

    West Holdings Corporation, through its subsidiaries, is engaged in solar energy solutions for solar power generation plants, individual customers, and corporate, local government, and rental management company owners.

  • San Antonio, TX, USA

    XPEL, Inc. develops and manufactures automotive protection products. The Company offers window and cut-to-fit protective film for the painted surfaces of automobiles, as well as provides design access program software. XPEL serves customers worldwide.

  • Charlotte, NC, USA

    Albemarle Corporation produces specialty chemicals and offers plastics, polymers, and elastomers, as well as cleaning products, agricultural compounds, pharmaceuticals, photographic chemicals, drilling compounds, and biocides. The Company focuses on lithium, bromine, refining catalysts, and applied surface treatment.

  • Croydon, United Kingdom

    The Gym Group plc is a nationwide operator of low cost, 24/7 gyms. The Company's sites throughout the United Kingdom offer equipment for solo use, as well as a variety of classes to members.

  • London, United Kingdom

    Pearson plc provides education products and services to institutions, governments, and individual learners in various countries. The Company offers test development, processing, and scoring services and a range of education services including teacher development, educational software, and system-wide solutions, as well as owns and operates schools.

  • Rome, Italy

    Through its subsidiaries, Tinexta provides risk monitoring, market analysis, credit assessment, electronic archiving, digital signature, electronic invoicing, marketing, and information technology services.

The investments highlighted herein are for illustrative purposes only. The criteria upon which they were chosen is not based on any performance-based criteria. The securities identified and described do not represent all of the securities purchased, sold or recommended for client accounts. One should not assume that an investment in the securities identified was or will be profitable.


The Apis team is comprised of passionate investors and explorers in pursuit of great ideas around the world.
We also strive to provide a first-class client experience for all those invested with us.

  • Apis team member image

    Daniel Barker, CFA

    Managing Partner & Portfolio Manager
  • Apis team member image

    Eric Almeraz, CFA

    Managing Partner & Director of Research
  • Apis team member image

    Richard Yun

    Chief Financial Officer & Chief Compliance Officer
  • Apis team member image

    Will Dombrowski

    Director of Marketing & Client Relations
  • Apis team member image

    Robert Lowy III, MD

    Research Analyst
  • Apis team member image

    Matt Bendixen, CFA

    Research Analyst
  • Apis team member image

    Danielle McKenna, CFA

    Research Analyst
  • Apis team member image

    John Mucher, CFA

    Research Analyst
  • Apis team member image

    Michael Keating


Contact Us
  • New York

    +1 203 409 6301

    110 East 42nd Street
    Suite 1419
    New York, NY 10017

  • Minneapolis

    +1 203 409 6301

    3033 Excelsior Boulevard
    Suite 565
    Minneapolis, MN 55416