Fund Holdings

DENALI ADVISORS LLC

Filing Period:
Securities
SharesValue ($K)
Q2 2025
Q3 2025
Change
Q2 2025
Q3 2025
Weight (%)
Change
SCANSOURCE INC(SCSC)8,955104,441+95,486374,4094,594,3600.52%+4,219,951
DNOW INC(DNOW)176,604443,337+266,7332,619,0376,760,8890.76%+4,141,852
ROBINHOOD MKTS INC(HOOD)103,19193,116-10,0759,661,77413,332,3491.51%+3,670,575
AMPHASTAR PHARMACEUTICALS IN(AMPH)0135,000+135,00003,597,7500.41%+3,597,750
MASTERBRAND INC(MBC)0241,400+241,40003,179,2380.36%+3,179,238
PREFERRED BK LOS ANGELES CA(PFBC)034,200+34,20003,091,3380.35%+3,091,338
PLAYTIKA HLDG CORP(PLTK)0772,214+772,21403,003,9120.34%+3,003,912
ORACLE CORP(ORCL)29,22932,400+3,1716,390,3539,112,2091.03%+2,721,856
PHOTRONICS INC(PLAB)142,763235,238+92,4752,688,2275,398,7120.61%+2,710,485
LADDER CAP CORP(LADR)245,824490,600+244,7762,642,6085,352,4460.60%+2,709,838
PROG HOLDINGS INC(PRG)083,000+83,00002,685,8800.30%+2,685,880
CONSENSUS CLOUD SOLUTIONS IN243,840277,038+33,1985,622,9508,136,6060.92%+2,513,656
ARDENT HEALTH INC(ARDT)0184,800+184,80002,448,6000.28%+2,448,600
DOLE PLC(DOLE)161,584331,200+169,6162,260,5604,451,3280.50%+2,190,768
SYLVAMO CORP(SLVM)16,22666,400+50,174812,9232,936,2080.33%+2,123,285
AGNICO EAGLE MINES LTD(AEM)51,57648,119-3,4576,132,6718,106,7700.92%+1,974,099
ASBURY AUTOMOTIVE GROUP INC08,014+8,01401,959,0220.22%+1,959,022
M/I HOMES INC(MHO)013,131+13,13101,896,6420.21%+1,896,642
PEABODY ENERGY CORP(BTU)151,266143,311-7,9552,029,9903,800,6080.43%+1,770,618
PITNEY BOWES INC(PBI)0149,840+149,84001,709,6740.19%+1,709,674
RILEY EXPLORATION PERMIAN IN28,38588,495+60,110744,5382,399,0990.27%+1,654,561
S & T BANCORP INC(STBA)48,72388,700+39,9771,842,7043,334,2330.38%+1,491,529
RLJ LODGING TR(RLJ)0198,900+198,90001,432,0800.16%+1,432,080
F&G ANNUITIES & LIFE INC(FG)173,433223,161+49,7285,546,3876,978,2440.79%+1,431,857
COSTAMARE INC(CMRE)722,656672,396-50,2606,583,3968,008,2360.90%+1,424,840
CENTURY CMNTYS INC(CCS)021,700+21,70001,375,1290.16%+1,375,129
INTERNATIONAL SEAWAYS INC(INSW)25,10048,774+23,674915,6482,247,5060.25%+1,331,858
AMERICAN ASSETS TR INC062,800+62,80001,276,0960.14%+1,276,096
GREEN BRICK PARTNERS INC(GRBK)110,517111,063+5466,949,3098,203,1130.93%+1,253,804
GREENBRIER COS INC(GBX)026,500+26,50001,223,5050.14%+1,223,505
IBEX LTD104,096104,611+5153,029,1944,238,8380.48%+1,209,644
TEEKAY CORPORATION LTD58,634204,824+146,190483,7311,675,4600.19%+1,191,729
ALPHA METALLURGICAL RESOUR I23,61123,400-2112,655,7653,839,7060.43%+1,183,941
PC CONNECTION INC(CNXN)66,63186,900+20,2694,382,9875,386,9310.61%+1,003,944
JACKSON FINANCIAL INC(JXN)69,44670,700+1,2546,166,1107,156,9610.81%+990,851
MERCHANTS BANCORP IND(MBIN)200,510239,414+38,9046,630,8667,613,3650.86%+982,499
OTTER TAIL CORP(OTTR)79,17586,125+6,9506,103,6017,059,6660.80%+956,065
BUCKLE INC(BKE)153,675134,600-19,0756,969,1617,895,6360.89%+926,475
PALANTIR TECHNOLOGIES INC(PLTR)64,92153,509-11,4128,850,0319,761,1121.10%+911,081
FORESTAR GROUP INC(FOR)336,827287,213-49,6146,736,5407,636,9940.86%+900,454
GLOBAL INDUSTRIAL COMPANY165,778146,518-19,2604,477,6645,372,8150.61%+895,151
SAFE BULKERS INC930,081955,469+25,3883,357,5934,242,2820.48%+884,689
FIRST FINL BANCORP OH(FFBC)262,525286,500+23,9756,368,8577,234,1250.82%+865,268
EASTMAN KODAK CO0130,492+130,4920836,4540.09%+836,454
ALPHABET INC(GOOG)5,6007,500+1,900986,8881,823,2500.21%+836,362
PBF ENERGY INC(PBF)103,214101,463-1,7512,236,6473,061,1390.35%+824,492
MURPHY OIL CORP(MUR)114,976119,639+4,6632,586,9613,398,9440.38%+811,983
CINCINNATI FINL CORP(CINF)04,921+4,9210778,0100.09%+778,010
DELUXE CORP(DLX)039,700+39,7000768,5920.09%+768,592
SIGA TECHNOLOGIES INC391,103360,300-30,8032,549,9923,296,7450.37%+746,753
INGLES MKTS INC(IMKTA)101,089102,839+1,7506,407,0217,153,4810.81%+746,460
TRICO BANCSHARES(TCBK)016,200+16,2000719,4420.08%+719,442
ALEXANDERS INC27,92429,900+1,9766,291,8357,011,2510.79%+719,416
PERDOCEO ED CORP(PRDO)107,754111,900+4,1463,522,4784,214,1540.48%+691,676
NATIONAL BEVERAGE CORP(FIZZ)140,050182,262+42,2126,055,7626,729,1130.76%+673,351
FARMLAND PARTNERS INC058,500+58,5000636,4800.07%+636,480
CATHAY GEN BANCORP(CATY)148,246153,474+5,2286,749,6407,368,2870.83%+618,647
VALERO ENERGY CORP(VLO)3,7006,418+2,718497,3541,092,7290.12%+595,375
ENTERPRISE FINL SVCS CORP(EFSC)121,924125,900+3,9766,718,0137,299,6820.82%+581,669
PHILLIPS 66(PSX)04,118+4,1180560,1300.06%+560,130
CF INDS HLDGS INC(CF)2,4158,420+6,005222,180755,2740.09%+533,094
MARKEL GROUP INC(MKL)141422+281281,628806,5940.09%+524,966
WILLIS LEASE FIN CORP(WLFC)03,800+3,8000520,9420.06%+520,942
ATLANTICUS HOLDINGS CORP(ATLC)08,281+8,2810485,1010.05%+485,101
GIGACLOUD TECHNOLOGY INC(GCT)016,700+16,7000474,2800.05%+474,280
INTERNATIONAL BANCSHARES COR(IBOC)102,372105,917+3,5456,813,8807,281,7940.82%+467,914
UBIQUITI INC(UI)0700+7000462,4060.05%+462,406
DUKE ENERGY CORP NEW(DUK)03,732+3,7320461,8350.05%+461,835
MERCK & CO INC(MRK)05,500+5,5000461,6150.05%+461,615
UNITED THERAPEUTICS CORP DEL(UTHR)1,2001,903+703344,820797,7570.09%+452,937
RUSH ENTERPRISES INC(RUSHA)131,737135,296+3,5596,785,7737,234,2770.82%+448,504
GRAHAM HLDGS CO(GHC)1,8031,800-31,705,9442,119,1580.24%+413,214
AMC NETWORKS INC225,334220,400-4,9341,412,8441,816,0960.21%+403,252
WHITESTONE REIT(WSR)032,800+32,8000402,7840.05%+402,784
ENACT HLDGS INC173,785178,879+5,0946,456,1136,858,2210.77%+402,108
DILLARDS INC(DDS)0619+6190380,3630.04%+380,363
JPMORGAN CHASE & CO.(JPM)17,37017,170-2005,035,7375,415,9330.61%+380,196
BRISTOW GROUP INC(VTOL)010,200+10,2000368,0160.04%+368,016
CHUBB LIMITED01,300+1,3000366,9250.04%+366,925
HOVNANIAN ENTERPRISES INC16,30816,100-2081,705,0012,068,6890.23%+363,688
WESCO INTL INC(WCC)01,606+1,6060339,6690.04%+339,669
MOVADO GROUP INC(MOV)73,37776,508+3,1311,118,9991,451,3570.16%+332,358
BLACKROCK INC(BLK)2,8302,83002,969,3783,299,4120.37%+330,034
BEAZER HOMES USA INC(BZH)137,177138,100+9233,068,6493,390,3550.38%+321,706
PG&E CORP(PCG)020,553+20,5530309,9390.04%+309,939
APTIV PLC(APTV)03,527+3,5270304,0980.03%+304,098
HARMONY BIOSCIENCES HLDGS IN(HRMY)79,367102,028+22,6612,507,9972,811,8920.32%+303,895
COMCAST CORP NEW(CCZ)14,20025,700+11,500506,799807,4940.09%+300,695
GOLD FIELDS LTD(GFI)07,144+7,1440299,7480.03%+299,748
GENERAL MTRS CO(GM)12,20014,700+2,500600,362896,2590.10%+295,897
ARBOR REALTY TRUST INC024,000+24,0000293,0400.03%+293,040
SAUL CTRS INC(BFS)13,39423,448+10,054457,271747,2880.08%+290,017
AVNET INC7,61413,214+5,600404,151690,8280.08%+286,677
FLEX LTD(FLEX)72,97367,530-5,4433,642,8113,914,7140.44%+271,903
HCA HEALTHCARE INC(HCA)1,3001,800+500498,030767,1600.09%+269,130
CELESTICA INC(CLS)01,074+1,0740264,6120.03%+264,612
M & T BK CORP(MTB)01,313+1,3130259,4750.03%+259,475
BYLINE BANCORP INC(BY)89,28695,041+5,7552,386,6152,635,4870.30%+248,872
UNITED AIRLS HLDGS INC(UAL)4,9076,614+1,707390,744638,2510.07%+247,507
DOORDASH INC(DASH)0891+8910242,3430.03%+242,343
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