Fund HoldingsDENALI ADVISORS LLC

Total Portfolio Value
$899.71M
Total Bought
$133.80M
Total Sold
$99.46M
Net Transaction
+$34.34M
Filing Period:
Securities
SharesValue ($K)
Q4 2025
Q1 2026
Change
Q4 2025
Q1 2026
Weight (%)
Change
HAMILTON INSURANCE GROUP LTD(HG)0250,800+250,80007,4810.83%+7,481
GREENBRIER COS INC(GBX)0131,941+131,94106,9470.77%+6,947
CHEVRON CORPORATION(CVX)019,056+19,05603,9430.44%+3,943
WORTHINGTON STL INC(WS)67,700199,415+131,7152,3446,0520.67%+3,708
PRIMORIS SVCS CORP(PRIM)024,460+24,46003,4990.39%+3,499
PROG HOLDINGS INC(PRG)0110,611+110,61103,1730.35%+3,173
MERCURY GENL CORP NEW(MCY)4,00038,214+34,2143763,3690.37%+2,992
SAFEHOLD INC(SAFE)91,900309,600+217,7001,2584,1890.47%+2,931
MCGRATH RENTCORP(MGRC)3,30026,500+23,2003462,9220.32%+2,576
TEEKAY TANKERS LTD(TNK)0100,690+100,69007,3830.82%+7,383
CABOT CORP(CBT)83,442106,919+23,4775,5318,0520.89%+2,522
WILLIS LEASE FIN CORP(WLFC)33,45240,952+7,5004,5376,9720.77%+2,435
AT&T INC(T)0355,170+355,170010,2961.14%+10,296
KOPPERS HOLDINGS INC(KOP)054,965+54,96502,1260.24%+2,126
NATIONAL HEALTHCARE CORP(NHC)013,100+13,10002,0920.23%+2,092
TECHNIPFMC PLC(FTI)033,272+33,27202,3000.26%+2,300
INGLES MKTS INC(IMKTA)096,800+96,80008,7010.97%+8,701
TITAN AMER SA
COMMON SHARES
0128,175+128,17501,9200.21%+1,920
INTERNATIONAL SEAWAYS INC(INSW)032,528+32,52802,3710.26%+2,371
BYLINE BANCORP INC(BY)125,752167,416+41,6643,6665,2850.59%+1,620
NORTHERN OIL & GAS INC(NOG)313,261285,461-27,8006,7268,3440.93%+1,618
FRANKLIN BSP RLTY TR INC0180,800+180,80001,5350.17%+1,535
DELUXE CORP MEDIUM TERM NTS(DLX)074,100+74,10002,0410.23%+2,041
ASTRAZENECA PLC(AZN)07,319+7,31901,4430.16%+1,443
TECNOGLASS INC(TGLS)33,82369,439+35,6161,7023,0940.34%+1,392
S & T BANCORP INC(STBA)127,100151,800+24,7005,0016,3500.71%+1,348
ELI LILLY & CO(LLY)6,7219,292+2,5717,2238,5470.95%+1,324
CATERPILLAR INC(CAT)9,6949,697+35,5536,8700.76%+1,317
FLOWCO HLDGS INC(FLOC)062,933+62,93301,2960.14%+1,296
AGNICO EAGLE MINES LTD(AEM)039,507+39,50707,9960.89%+7,996
CASEYS GEN STORES INC(CASY)7,0087,010+23,8735,1020.57%+1,229
REX AMERICAN RES CORP(REX)026,861+26,86101,2240.14%+1,224
COSTCO WHOLESALE CORPORATION(COST)08,619+8,61908,5880.95%+8,588
ALTRIA GROUP INC(MO)0117,199+117,19907,7340.86%+7,734
PHILLIPS 66(PSX)07,402+7,40201,3480.15%+1,348
BUNGE GLOBAL SA(BG)012,131+12,13101,5430.17%+1,543
WALMART INC(WMT)83,10582,963-1429,25910,3111.15%+1,052
PC CONNECTION INC(CNXN)083,300+83,30004,8700.54%+4,870
MARATHON PETE CORP(MPC)8,7159,824+1,1091,4172,3990.27%+982
CARDINAL HEALTH INC(CAH)35,65839,216+3,5587,3288,2870.92%+959
ASBURY AUTOMOTIVE GROUP INC21,22230,122+8,9004,9355,8860.65%+951
TEEKAY CORPORATION LTD
SHS
283,213282,931-2822,5573,4550.38%+897
PHIBRO ANIMAL HEALTH CORP(PAHC)015,949+15,94908820.10%+882
PATHWARD FINANCIAL INC(CASH)048,370+48,37004,3160.48%+4,316
NATIONAL BEVERAGE CORP(FIZZ)222,762236,519+13,7577,1047,9590.88%+855
EPLUS INC(PLUS)011,200+11,20008430.09%+843
SAUL CTRS INC(BFS)48,40071,500+23,1001,5262,3290.26%+803
CENTURY COMMUNITIES INC(CCS)037,018+37,01802,1240.24%+2,124
SANDRIDGE ENERGY INC405,993407,451+1,4585,8586,6460.74%+787
BLUE OWL TECHNOLOGY FIN CORP108,378188,540+80,1621,5762,3360.26%+760
1ST SOURCE CORP(SRCE)120,600119,600-1,0007,5368,2780.92%+741
OTTER TAIL CORP(OTTR)089,909+89,90907,8910.88%+7,891
CF INDUSTRIES HOLD(CF)012,122+12,12201,5740.17%+1,574
SM ENERGY COMPANY(SM)0202,800+202,80006,3230.70%+6,323
CHARTER COMMUNICATIONS INC(CHTR)05,915+5,91501,2770.14%+1,277
TELEFONAKTIEBOLAGET LM ERICS(ERIC)404,263404,240-233,9014,5560.51%+655
TACTILE SYS TECHNOLOGY INC020,616+20,61605390.06%+539
BANK OF N T BUTTERFIELD & SO
SHS NEW
152,479154,869+2,3907,5978,1280.90%+531
ALPS ETF TR
ALERIAN MLP
094,394+94,39404,9690.55%+4,969
TEXTRON INC(TXT)09,513+9,51308330.09%+833
ARCHER DANIELS MIDLAND CO015,830+15,83001,1510.13%+1,151
INTERNATIONAL BANCSHARES COR(IBOC)0117,217+117,21707,8880.88%+7,888
AMERIPRISE FINL INC(AMP)01,102+1,10204900.05%+490
ALLSTATE CORP(ALL)02,311+2,31104790.05%+479
ARROW ELECTRS INC7,5039,083+1,5808271,3030.14%+476
CONSENSUS CLOUD SOLUTIONS IN0267,184+267,18406,3430.71%+6,343
RPC INC(RES)0251,800+251,80001,7830.20%+1,783
THE CIGNA GROUP(CI)01,500+1,50004000.04%+400
PG&E CORP(PCG)041,153+41,15307230.08%+723
SMITHFIELD FOODS INC(SFD)014,025+14,02503920.04%+392
DAVITA INC(DVA)4,2375,641+1,4044818670.10%+386
ARBOR REALTY TRUST INC066,900+66,90005160.06%+516
SELECT MED HLDGS CORP263,100263,10003,9074,2860.48%+379
APPLIED MATLS INC04,549+4,54901,5550.17%+1,555
EOG RES INC(EOG)08,000+8,00001,1570.13%+1,157
FLEXTRONICS INTL LTD(FLEX)067,486+67,48604,4180.49%+4,418
ALAMOS GOLD INC07,500+7,50003330.04%+333
ISHARES TR026,053+26,05302,5860.29%+2,586
ALPHABET INC(GOOG)06,000+6,00001,7250.19%+1,725
GRAPHIC PACKAGING HLDG CO(GPK)031,399+31,39903120.03%+312
APA CORPORATION(APA)07,306+7,30603100.03%+310
MARKEL GROUP INC(MKL)602832+2301,2941,5930.18%+298
OFG BANCORP(OFG)07,200+7,20002910.03%+291
FEDEX CORP(FDX)0800+80002850.03%+285
DEVON ENERGY CORP NEW(DVN)013,692+13,69206890.08%+689
WASTE MGMT INC DEL(WM)026,726+26,72606,1410.68%+6,141
CATHAY GEN BANCORP(CATY)0159,062+159,06207,9310.88%+7,931
DREAM FINDERS HOMES INC(DFH)0338,282+338,28204,7090.52%+4,709
MERCHANTS BANCORP IND(MBIN)237,614194,710-42,9048,0938,3550.93%+262
INGREDION INC(INGR)02,317+2,31702610.03%+261
EASTMAN CHEM CO(EMN)03,410+3,41002600.03%+260
FIRST MERCHANTS CORP(FRME)205,200205,20007,6917,9470.88%+257
ENI SPA(E)04,502+4,50202550.03%+255
GSK PLC(GSK)27,87329,313+1,4401,3671,6180.18%+251
KINROSS GOLD CORP(KGC)0126,326+126,32603,8550.43%+3,855
BROOKFIELD ASSET MANAGMT LTD(BAM)010,100+10,10004490.05%+449
OSHKOSH CORP(OSK)01,605+1,60502360.03%+236
NETFLIX INC.(NFLX)0102,927+102,92709,8961.10%+9,896
BP PLC(BP)019,325+19,32509080.10%+908
GIGACLOUD TECHNOLOGY INC(GCT)38,22438,242+181,5011,7350.19%+234
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