# EDGAR Filing Document

**Accession Number:** 0001802493
**File Stem:** 0001013594-26-000560
**Filing Date:** 2026-5
**Character Count:** 12021
**Document Hash:** ffe115d43704afd23887c0ca2cebf759
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001013594-26-000560.hdr.sgml**: 20260511

**ACCESSION NUMBER**: 0001013594-26-000560

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260511

**DATE AS OF CHANGE**: 20260511

**EFFECTIVENESS DATE**: 20260511

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DCF Advisers, LLC
- **CENTRAL INDEX KEY:** 0001802493

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-19889
- **FILM NUMBER:** 26962521

**BUSINESS ADDRESS:**
- **STREET 1:** 583 ISLAND WALK E.
- **CITY:** MOUNT PLEASANT
- **STATE:** SC
- **ZIP:** 29464
- **BUSINESS PHONE:** 203.622.5850

**MAIL ADDRESS:**
- **STREET 1:** 583 ISLAND WALK E.
- **CITY:** MOUNT PLEASANT
- **STATE:** SC
- **ZIP:** 29464

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 03-31-2026

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** DCF Advisers LLC<br>**Address:** 583 ISLAND WALK E.<br>MOUNT PLEASANT, SC 29464

**Form 13F File Number:** 028-19889

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** David Sven Floren<br>**Title:** Managing Member<br>**Phone:** 203-622-5850

**Signature, Place, and Date of Signing:**

/s/ David Sven Floren  New York, NY  05-11-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 86

**Form 13F Information Table Value Total:** $375134765

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ABBVIE INC | COM | 00287Y109 |  | 2338018 | 10750 | SH |  | SOLE |  | 10750 | 0 | 0 |
| ABERDEEN TOTAL DYNAMIC DIVD | COM SH BEN INT | 00326L100 |  | 2449860 | 266000 | SH |  | SOLE |  | 266000 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 5899470 | 29000 | SH |  | SOLE |  | 29000 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 16351020 | 57000 | SH |  | SOLE |  | 57000 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 5463640 | 19000 | SH | Put | SOLE |  | 19000 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 4830210 | 38500 | SH |  | SOLE |  | 38500 | 0 | 0 |
| ALLOT COMMUNICATIONS LTD | COM | M0854Q105 |  | 1042290 | 156500 | SH |  | SOLE |  | 156500 | 0 | 0 |
| ALTIMMUNE INC | COM NEW | 02155H200 |  | 45276 | 14700 | SH |  | SOLE |  | 14700 | 0 | 0 |
| ALTIMMUNE INC | COM NEW | 02155H200 |  | 113960 | 37000 | SH | Call | SOLE |  | 37000 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 7914260 | 38000 | SH |  | SOLE |  | 38000 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 520675 | 2500 | SH | Call | SOLE |  | 2500 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 2111100 | 6000 | SH |  | SOLE |  | 6000 | 0 | 0 |
| ANAPTYSBIO INC | COM | 032724106 |  | 1041262 | 18775 | SH |  | SOLE |  | 18775 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 1459293 | 5750 | SH |  | SOLE |  | 5750 | 0 | 0 |
| ARDELYX INC | COM | 039697107 |  | 119800 | 20000 | SH |  | SOLE |  | 20000 | 0 | 0 |
| ARGENX SE | SPONSORED ADR | 04016X101 |  | 10698163 | 14650 | SH |  | SOLE |  | 14650 | 0 | 0 |
| ARQ INC | COM | 00770C101 |  | 839176 | 327803 | SH |  | SOLE |  | 327803 | 0 | 0 |
| ASTRAZENECA PLC | SPONSORED ADR | 046353108 |  | 1134015 | 5750 | SH |  | SOLE |  | 5750 | 0 | 0 |
| BARNES  NOBLE ED INC | COM NEW | 06777U200 |  | 1739007 | 196943 | SH |  | SOLE |  | 196943 | 0 | 0 |
| BARRICK GOLD CORP | COM | 067901108 |  | 2447400 | 60000 | SH |  | SOLE |  | 60000 | 0 | 0 |
| BAIDU INC - ADR | COM | 056752108 |  | 4568220 | 41000 | SH |  | SOLE |  | 41000 | 0 | 0 |
| BK OF AMERICA CORP | COM | 060505104 |  | 5825625 | 119500 | SH |  | SOLE |  | 119500 | 0 | 0 |
| BIOHAVEN LTD | COM | G1110E107 |  | 1044810 | 123500 | SH |  | SOLE |  | 123500 | 0 | 0 |
| BIOHAVEN LTD | COM | G1110E107 |  | 1137870 | 134500 | SH | Call | SOLE |  | 134500 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 1508861 | 4875 | SH |  | SOLE |  | 4875 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 4267450 | 55000 | SH |  | SOLE |  | 55000 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 1163850 | 15000 | SH | Put | SOLE |  | 15000 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 |  | 4082760 | 36000 | SH |  | SOLE |  | 36000 | 0 | 0 |
| COMPASS PATHWAYS PLC | SPONSORED ADS | 20451W101 |  | 235025 | 42500 | SH |  | SOLE |  | 42500 | 0 | 0 |
| CORVUS PHARMACEUTICALS INC | COM | 221015100 |  | 9326625 | 637500 | SH |  | SOLE |  | 637500 | 0 | 0 |
| CYBIN INC | COM NEW | 23256X407 |  | 3321542 | 691988 | SH |  | SOLE |  | 691988 | 0 | 0 |
| META PLATFORMS INC | CL A | 30303M102 |  | 1144260 | 2000 | SH |  | SOLE |  | 2000 | 0 | 0 |
| LILLY ELI  CO | COM | 532457108 |  | 7634091 | 8300 | SH |  | SOLE |  | 8300 | 0 | 0 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 5799650 | 300500 | SH |  | SOLE |  | 300500 | 0 | 0 |
| EVOTEC AG | SPONSORED ADS | 30050E105 |  | 2663185 | 1065274 | SH |  | SOLE |  | 1065274 | 0 | 0 |
| GENERAL MTRS CO | COM | 37045V100 |  | 931250 | 12500 | SH |  | SOLE |  | 12500 | 0 | 0 |
| IMMUNEERING CORP | CLASS A COM | 45254E107 |  | 745505 | 141462 | SH |  | SOLE |  | 141462 | 0 | 0 |
| INFLARX NV | COM | N44821101 |  | 141762 | 158500 | SH |  | SOLE |  | 158500 | 0 | 0 |
| INCYTE CORP | COM | 45337C102 |  | 3905980 | 41500 | SH |  | SOLE |  | 41500 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 1544550 | 35000 | SH |  | SOLE |  | 35000 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 72724680 | 126000 | SH | Put | SOLE |  | 126000 | 0 | 0 |
| IONIS PHARMACEUTICALS INC | COM | 462222100 |  | 4205040 | 56000 | SH |  | SOLE |  | 56000 | 0 | 0 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 |  | 8816000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| ISHARES RUSSELL 2000 | ETF | 464287655 |  | 744000 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| ISHARES SILVER TR | ISHARES | 46428Q109 |  | 2725600 | 40000 | SH |  | SOLE |  | 40000 | 0 | 0 |
| ISHARES BITCOIN TRUST ETF | SHS BEN INT | 46438F101 |  | 288150 | 7500 | SH | Call | SOLE |  | 7500 | 0 | 0 |
| LAM RESEARCH CORP | COM | 512807108 |  | 1602450 | 7500 | SH |  | SOLE |  | 7500 | 0 | 0 |
| LENSAR INC | COM | 52634L108 |  | 704573 | 118217 | SH |  | SOLE |  | 118217 | 0 | 0 |
| LIFECORE BIOMEDICAL INC | COM | 514766104 |  | 1579140 | 424500 | SH |  | SOLE |  | 424500 | 0 | 0 |
| LYFT INC | CL A COM | 55087P104 |  | 1363250 | 102500 | SH |  | SOLE |  | 102500 | 0 | 0 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 2723875 | 27500 | SH |  | SOLE |  | 27500 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 555255 | 1500 | SH |  | SOLE |  | 1500 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 370170 | 1000 | SH | Call | SOLE |  | 1000 | 0 | 0 |
| MICRON TECHNOLOGY INC | COM | 595112103 |  | 50676000 | 150000 | SH |  | SOLE |  | 150000 | 0 | 0 |
| NEWAMSTERDAM PHARMA COMPANY | ORDINARY SHARES | N62509109 |  | 5140806 | 160600 | SH |  | SOLE |  | 160600 | 0 | 0 |
| NUVEEN CR STRATEGIES INCOME | COM SHS | 67073D102 |  | 2319756 | 476336 | SH |  | SOLE |  | 476336 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 4192635 | 28500 | SH |  | SOLE |  | 28500 | 0 | 0 |
| QUALCOM INC | COM | 747525103 |  | 1319995 | 10250 | SH |  | SOLE |  | 10250 | 0 | 0 |
| O-I GLASS INC | COM | 67098H104 |  | 630600 | 60000 | SH |  | SOLE |  | 60000 | 0 | 0 |
| PINTEREST INC | CL A | 72352L106 |  | 458500 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| PROTHENA CORP PLC | SHS | G72800108 |  | 711961 | 73247 | SH |  | SOLE |  | 73247 | 0 | 0 |
| REGENERON PHARMACEUTICALS | COM | 75886F107 |  | 7146920 | 9250 | SH |  | SOLE |  | 9250 | 0 | 0 |
| SANOFI SA | SPONSORED ADR | 80105N105 |  | 264990 | 5500 | SH | Call | SOLE |  | 5500 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 5163480 | 12000 | SH |  | SOLE |  | 12000 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 13982310 | 21500 | SH | Put | SOLE |  | 21500 | 0 | 0 |
| SPOTIFY TECHNOLOGY S A | SHS | L8681T102 |  | 606138 | 1250 | SH |  | SOLE |  | 1250 | 0 | 0 |
| SPOTIFY TECHNOLOGY S A | SHS | L8681T102 |  | 484910 | 1000 | SH | Put | SOLE |  | 1000 | 0 | 0 |
| SPROTT FDS TR | URANIUM MINERS E | 85208P303 |  | 2210250 | 35000 | SH |  | SOLE |  | 35000 | 0 | 0 |
| SRH TOTAL RETURN FUND INC | COM | 101507101 |  | 855000 | 50000 | SH |  | SOLE |  | 50000 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 |  | 895900 | 10000 | SH | Call | SOLE |  | 10000 | 0 | 0 |
| STRUCTURE THERAPEUTICS INC | SPONSORED ADS | 86366E106 |  | 1325500 | 27500 | SH |  | SOLE |  | 27500 | 0 | 0 |
| SYNOPSYS INC | COM | 871607107 |  | 495600 | 1250 | SH |  | SOLE |  | 1250 | 0 | 0 |
| SYNOPSYS INC | COM | 871607107 |  | 198240 | 500 | SH | Call | SOLE |  | 500 | 0 | 0 |
| TEVA PHARMACEUTICAL-SP ADR | ADRS | 881624209 |  | 9036000 | 300000 | SH |  | SOLE |  | 300000 | 0 | 0 |
| TURNING PT BRANDS INC | COM | 90041L105 |  | 607530 | 7000 | SH |  | SOLE |  | 7000 | 0 | 0 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 3956150 | 55000 | SH |  | SOLE |  | 55000 | 0 | 0 |
| UNIQURE NV | SHS | N90064101 |  | 801150 | 49000 | SH |  | SOLE |  | 49000 | 0 | 0 |
| VANECK VECTORS GOLD MINERS ETF | ETF | 92189F106 |  | 5735625 | 62500 | SH |  | SOLE |  | 62500 | 0 | 0 |
| VANECK ETF TRUST | JUNIOR GOLD MINE | 92189F791 |  | 3001000 | 25000 | SH |  | SOLE |  | 25000 | 0 | 0 |
| VANECK ETF TRUST | SEMICONDUCTR ETF | 92189F676 |  | 12268800 | 32000 | SH | Put | SOLE |  | 32000 | 0 | 0 |
| VERTEX PHARMACEUTICALS INC | COM | 92532F100 |  | 3125780 | 7000 | SH |  | SOLE |  | 7000 | 0 | 0 |
| VIRIDIAN THERAPEUTICS INC | COM | 92790C104 |  | 628854 | 32150 | SH |  | SOLE |  | 32150 | 0 | 0 |
| XENCOR INC | COM | 98401F105 |  | 1251056 | 103736 | SH |  | SOLE |  | 103736 | 0 | 0 |
| ZAI LAB LTD | ADRS | 98887Q104 |  | 1194435 | 63500 | SH |  | SOLE |  | 63500 | 0 | 0 |
| ZIMMER BIOMET HOLDINGS INC | COM | 98956P102 |  | 2757810 | 30500 | SH |  | SOLE |  | 30500 | 0 | 0 |
| ZOOM VIDEO COMMUNICATIONS IN | CL A | 98980L101 |  | 3738135 | 46500 | SH |  | SOLE |  | 46500 | 0 | 0 |

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