# Gem Investment Advisors, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1580018. Source: https://holderbook.com/funds/1580018-gem-investment-advisors-llc/

- Reported value: $163.1M
- Positions: 35
- Weight of the ten largest: 80.1%
- Filed: 2026-08-11

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| GARRETT MOTION INC | [GTX](https://holderbook.com/stocks/GTX/) | $36.0M | 994,885 | 22.1% | 3 |
| ABSCI CORPORATION | [ABSI](https://holderbook.com/stocks/ABSI/) | $25.2M | 2,170,863 | 15.4% | 3 |
| ALPHA TAU MEDICAL LTD | [DRTS](https://holderbook.com/stocks/DRTS/) | $18.0M | 1,434,476 | 11.1% | 3 |
| QUIDELORTHO CORP | [QDEL](https://holderbook.com/stocks/QDEL/) | $10.0M | 565,998 | 6.1% | 3 |
| ORAMED PHARMACEUTICALS INC | [ORMP](https://holderbook.com/stocks/ORMP/) | $9.6M | 1,998,802 | 5.9% | 3 |
| SPROTT ASSET MANAGEMENT LP | [CEF](https://holderbook.com/stocks/CEF/) | $7.5M | 187,561 | 4.6% | 3 |
| PDF SOLUTIONS INC | [PDFS](https://holderbook.com/stocks/PDFS/) | $7.5M | 105,526 | 4.6% | 3 |
| TEJON RANCH CO | [TRC](https://holderbook.com/stocks/TRC/) | $5.8M | 309,985 | 3.6% | 3 |
| SOTERA HEALTH CO | [SHC](https://holderbook.com/stocks/SHC/) | $5.6M | 314,015 | 3.4% | 3 |
| CF INDUSTRIES HOLD | [CF](https://holderbook.com/stocks/CF/) | $5.4M | 50,000 | 3.3% | 2 |
| STRIDE INC | [LRN](https://holderbook.com/stocks/LRN/) | $5.3M | 61,563 | 3.3% | 3 |
| ST JOE CO | [JOE](https://holderbook.com/stocks/JOE/) | $5.1M | 81,142 | 3.1% | 3 |
| PURE CYCLE CORP | [PCYO](https://holderbook.com/stocks/PCYO/) | $4.8M | 449,829 | 3.0% | 3 |
| GRAIL INC | [GRAL](https://holderbook.com/stocks/GRAL/) | $1.8M | 26,781 | 1.1% | 3 |
| SECURITY NATL FINL CORP | [SNFCA](https://holderbook.com/stocks/SNFCA/) | $1.5M | 158,171 | 0.9% | 3 |
| U HAUL HOLDING COMPANY | [UHALB](https://holderbook.com/stocks/UHALB/) | $1.5M | 26,070 | 0.9% | 3 |
| NANO DIMENSION LTD | [NNDM](https://holderbook.com/stocks/NNDM/) | $1.4M | 1,000,000 | 0.9% | 1 |
| RIMINI STR INC DEL | [RMNI](https://holderbook.com/stocks/RMNI/) | $1.4M | 334,657 | 0.9% | 3 |
| STAR HLDGS | [STHO](https://holderbook.com/stocks/STHO/) | $1.3M | 137,884 | 0.8% | 3 |
| BLACK STONE MINERALS L P | [BSM](https://holderbook.com/stocks/BSM/) | $1.2M | 84,632 | 0.7% | 3 |
| COURSERA INC | [COUR](https://holderbook.com/stocks/COUR/) | $1.1M | 200,043 | 0.7% | 2 |
| GRAYSCALE BITCOIN MINI TR ET | [BTC](https://holderbook.com/stocks/BTC/) | $1.1M | 41,617 | 0.7% | 2 |
| LARIMAR THERAPEUTICS INC | [LRMR](https://holderbook.com/stocks/LRMR/) | $974.5K | 319,519 | 0.6% | 3 |
| SEAPORT ENTMT GROUP INC | [SEG](https://holderbook.com/stocks/SEG/) | $745.1K | 28,012 | 0.5% | 3 |
| ANTERIX INC | [ATEX](https://holderbook.com/stocks/ATEX/) | $739.4K | 7,183 | 0.5% | 2 |
| ABEONA THERAPEUTICS INC | [ABEO](https://holderbook.com/stocks/ABEO/) | $612.3K | 99,084 | 0.4% | 1 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $399.8K | 799 | 0.2% | 3 |
| ARRAY DIGITAL INFRASTRUCTURE | [AD](https://holderbook.com/stocks/AD/) | $269.7K | 7,439 | 0.2% | 3 |
| DRIVEN BRANDS HLDGS INC | [DRVN](https://holderbook.com/stocks/DRVN/) | $266.7K | 19,133 | 0.2% | 3 |
| LATHAM GROUP INC | [SWIM](https://holderbook.com/stocks/SWIM/) | $241.6K | 37,338 | 0.1% | 3 |
| FORTREA HLDGS INC | [FTRE](https://holderbook.com/stocks/FTRE/) | $239.2K | 13,747 | 0.1% | 2 |
| USA TODAY CO INC | [TDAY](https://holderbook.com/stocks/TDAY/) | $193.5K | 22,632 | 0.1% | 3 |
| FIVE POINT HOLDINGS LLC | [FPH](https://holderbook.com/stocks/FPH/) | $71.5K | 13,574 | 0.0% | 3 |
| ACACIA RESH CORP | [ACTG](https://holderbook.com/stocks/ACTG/) | $52.4K | 11,250 | 0.0% | 3 |
| ENTERA BIO LTD | [ENTX](https://holderbook.com/stocks/ENTX/) | $33.9K | 19,135 | 0.0% | 3 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +42.2% | +14.8% | +27.3% | 100% |
| Q1 2026 | -0.9% | -4.6% | +3.7% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $163.1M | 35 |
| Q1 2026 | $101.7M | 34 |
| Q4 2025 | $105.5M | 31 |