Skip to main content
Livermore
Livermore
ZHEN

Denali Advisors LLC

SEC CIK
0001142941
Latest filing
Aug 10, 2026

Holdings in Q3 2022

Holdings as of Sep 30, 2022, filed Oct 25, 2022. Long positions only; changes compare share counts with Q2 2022.

Institution overview
Positions
357
−21 vs. Q2 2022
Portfolio value
$211.5M
−$17.9M (−7.8%) vs. Q2 2022
Filed
Oct 25, 2022
SEC
Holdings of Denali Advisors LLC in Q3 2022
SecurityClassSharesValue% of portfolioShare changeActionHistory
IBOCInternational Bancshares CorpCOM99,400$4.22M2.0%−900−0.9%ReducedHistory
NTBBank of N.T. Butterfield & Son LtdSHS NEW127,504$4.14M2.0%00.0%UnchangedHistory
RUSHARush Enterprises IncCL A88,721$3.89M1.8%+5,500+6.6%AddedHistory
Townebank Portsmouth Va89214P109COM144,821$3.89M1.8%00.0%Unchanged–
GHCGraham Holdings CoCOM CL B7,110$3.83M1.8%00.0%UnchangedHistory
ADArray Digital Infrastructure, Inc.COM145,042$3.77M1.8%+3,400+2.4%AddedHistory
HTHHilltop Holdings Inc.COM151,773$3.77M1.8%+10,064+7.1%AddedHistory
IMKTAIngles Markets IncCL A46,955$3.72M1.8%00.0%UnchangedHistory
GEFGreif, IncCL A62,288$3.71M1.8%−5,408−8.0%ReducedHistory
CNXNPC Connection IncCOM81,200$3.66M1.7%−7,300−8.2%ReducedHistory
NNINelnet IncCL A46,000$3.64M1.7%+1,000+2.2%AddedHistory
BXCBlueLinx Holdings Inc.COM NEW58,521$3.63M1.7%+6,700+12.9%AddedHistory
SNEXStoneX Group Inc.COM43,100$3.58M1.7%−16,900−28.2%ReducedHistory
RYZRyerson Holding CorpCOM137,743$3.55M1.7%+45,443+49.2%AddedHistory
MDCSekisui House U.S., Inc.COM128,927$3.54M1.7%+44,000+51.8%AddedHistory
HOPEHope Bancorp IncCOM279,500$3.53M1.7%+32,900+13.3%AddedHistory
KWKennedy-Wilson Holdings, Inc.COM228,251$3.53M1.7%+29,900+15.1%AddedHistory
UFPIUfp Industries IncCOM48,700$3.51M1.7%+13,300+37.6%AddedHistory
AMKRAmkor Technology, Inc.COM202,294$3.45M1.6%+150,300+289.1%AddedHistory
NBTBNBT Bancorp IncCOM89,100$3.38M1.6%+14,700+19.8%AddedHistory
INVAInnoviva, Inc.COM284,322$3.30M1.6%+10,700+3.9%AddedHistory
MHOM/I Homes, Inc.COM91,066$3.30M1.6%+800+0.9%AddedHistory
CCSCentury Communities, Inc.COM76,900$3.29M1.6%+76,878+349,445.5%AddedHistory
STCStewart Information Services CorpCOM74,400$3.25M1.5%+34,600+86.9%AddedHistory
MLIMueller Industries IncCOM52,341$3.11M1.5%−12,085−18.8%ReducedHistory
WORWorthington Enterprises, Inc.COM78,761$3.00M1.4%−10,787−12.0%ReducedHistory
MMIMarcus & Millichap, Inc.COM85,000$2.79M1.3%00.0%UnchangedHistory
ESGREnstar Group LTDSHS16,400$2.78M1.3%00.0%UnchangedHistory
CMRECostamare Inc.SHS304,514$2.73M1.3%00.0%UnchangedHistory
GOLFAcushnet Holdings Corp.COM62,400$2.71M1.3%−38,900−38.4%ReducedHistory
LPGDorian LPG Ltd.SHS USD199,343$2.71M1.3%−3,100−1.5%ReducedHistory
ENVAEnova International, Inc.COM89,353$2.62M1.2%+13,800+18.3%AddedHistory
PRDOPerdoceo Education CorpCOM251,400$2.59M1.2%−10,500−4.0%ReducedHistory
HTLFHeartland Financial USA IncCOM59,513$2.58M1.2%+30,780+107.1%AddedHistory
ACCOAcco Brands CorpCOM525,703$2.58M1.2%00.0%UnchangedHistory
EAFGraftech International LtdCOM590,537$2.54M1.2%+109,500+22.8%AddedHistory
SEMSelect Medical Holdings CorpCOM114,200$2.52M1.2%−60,100−34.5%ReducedHistory
FFBCFirst Financial BancorpCOM109,370$2.31M1.1%−79,800−42.2%ReducedHistory
USNAUsana Health Sciences IncCOM37,513$2.10M1.0%+17,500+87.4%AddedHistory
KROKronos Worldwide IncCOM221,919$2.07M1.0%+2,700+1.2%AddedHistory
WKCWorld Kinect CorpCOM88,400$2.07M1.0%−72,051−44.9%ReducedHistory
AMCXAMC Global Media Inc.CL A99,820$2.03M1.0%+24,700+32.9%AddedHistory
PFSIPennyMac Financial Services, Inc.COM46,100$1.98M0.9%−19,710−29.9%ReducedHistory
GIIIG III Apparel Group LtdCOM130,432$1.95M0.9%+46,700+55.8%AddedHistory
GTNGray Media, IncCOM125,072$1.79M0.8%00.0%UnchangedHistory
BFHBread Financial Holdings, Inc.COM56,800$1.79M0.8%+56,779+270,376.2%AddedHistory
AELAmerican National Group Inc.COM45,948$1.71M0.8%+6,513+16.5%AddedHistory
AGMFederal Agricultural Mortgage CorpCL C16,500$1.64M0.8%−500−2.9%ReducedHistory
NMIHNMI Holdings, Inc.COM78,566$1.60M0.8%+76,766+4,264.8%AddedHistory
THRYThryv Holdings, Inc.COM NEW70,061$1.60M0.8%+70,061NewHistory
WMKWeis Markets IncCOM20,000$1.43M0.7%−4,000−16.7%ReducedHistory
NHCNational Healthcare CorpCOM21,400$1.35M0.6%+1,991+10.3%AddedHistory
MBINMerchants BancorpCOM58,555$1.35M0.6%+7,512+14.7%AddedHistory
PDMPiedmont Realty Trust, Inc.COM CL A124,620$1.32M0.6%00.0%UnchangedHistory
AUBAtlantic Union Bankshares CorpCOM43,100$1.31M0.6%−16,700−27.9%ReducedHistory
SRCE1st Source CorpCOM27,137$1.26M0.6%+7,900+41.1%AddedHistory
PCHPotlatchdeltic CorpCOM30,100$1.24M0.6%+21,900+267.1%AddedHistory
NWLINational Western Life Group, Inc.CL A6,707$1.15M0.5%00.0%UnchangedHistory
TROXTronox Holdings plcSHS91,430$1.12M0.5%+91,400+304,666.7%AddedHistory
PRKPark National CorpCOM8,800$1.09M0.5%00.0%UnchangedHistory
NMRKNewmark Group, Inc.CL A131,991$1.06M0.5%−75,572−36.4%ReducedHistory
PFSProvident Financial Services IncCOM50,800$991.0K0.5%00.0%UnchangedHistory
BRK.BBerkshire Hathaway IncStock3,650$975.0K0.5%−600−14.1%ReducedHistory
RBCAARepublic Bancorp IncCL A25,300$969.0K0.5%00.0%UnchangedHistory
BIIBBiogen Inc.COM3,400$908.0K0.4%+1,700+100.0%AddedHistory
OPYOppenheimer Holdings IncCL A NON VTG28,100$871.0K0.4%+6,600+30.7%AddedHistory
JPMJPMorgan Chase & CoStock8,300$867.0K0.4%+400+5.1%AddedHistory
OCFCOceanfirst Financial CorpCOM46,300$863.0K0.4%+18,500+66.5%AddedHistory
FORForestar Group Inc.COM76,005$850.0K0.4%−1,191−1.5%ReducedHistory
MATXMatson, Inc.COM13,608$837.0K0.4%+13,600+170,000.0%AddedHistory
BKEBuckle IncCOM25,400$804.0K0.4%+25,400NewHistory
ESTEEarthstone Energy IncCL A61,538$758.0K0.4%−64,900−51.3%ReducedHistory
BACBank of America CorpStock24,300$734.0K0.3%00.0%UnchangedHistory
TTECTTEC Holdings, Inc.COM16,400$727.0K0.3%+1,000+6.5%AddedHistory
ULHUniversal Logistics Holdings, Inc.COM22,900$726.0K0.3%+14,300+166.3%AddedHistory
GOOGLAlphabet Inc.Stock7,500$717.0K0.3%+400+5.6%AddedConverted for a 20-for-1 splitHistory
ACGLArch Capital Group Ltd.Stock15,300$697.0K0.3%+800+5.5%AddedHistory
ALXAlexanders IncCOM3,300$690.0K0.3%+1,000+43.5%AddedHistory
HTLDHeartland Express IncCOM47,300$677.0K0.3%+47,300NewHistory
LYBLyondellBasell Industries N.V.SHS - A -8,900$670.0K0.3%+1,900+27.1%AddedHistory
VZVerizon Communications IncStock17,300$657.0K0.3%+1,500+9.5%AddedHistory
AFLAflac IncStock11,500$646.0K0.3%+7,100+161.4%AddedHistory
NESRNational Energy Services Reunited Corp.SHS106,200$631.0K0.3%+13,800+14.9%AddedHistory
FIZZNational Beverage CorpCOM16,200$624.0K0.3%+15,700+3,140.0%AddedHistory
CENTACentral Garden & Pet CoCL A NON-VTG18,100$618.0K0.3%00.0%UnchangedHistory
INTCIntel CorpStock23,700$611.0K0.3%+4,700+24.7%AddedHistory
METMetlife IncStock10,000$608.0K0.3%+700+7.5%AddedHistory
DOXAmdocs LtdSHS7,600$604.0K0.3%+100+1.3%AddedHistory
BF.BBrown Forman CorpStock9,000$599.0K0.3%+8,500+1,700.0%AddedHistory
TFCTruist Financial CorpCOM13,600$592.0K0.3%−600−4.2%ReducedHistory
GNWGenworth Financial IncCOM SHS167,500$586.0K0.3%00.0%UnchangedHistory
GDGeneral Dynamics CorpStock2,700$573.0K0.3%−200−6.9%ReducedHistory
METAMeta Platforms, Inc.Stock4,200$570.0K0.3%+2,400+133.3%AddedHistory
KOPKoppers Holdings Inc.COM27,200$565.0K0.3%00.0%UnchangedHistory
AGRAvangrid, Inc.COM13,500$563.0K0.3%−1,400−9.4%ReducedHistory
ACIAlbertsons Companies, Inc.COMMON STOCK22,502$559.0K0.3%+17,250+328.4%AddedHistory
WLKWestlake CorpCOM6,300$547.0K0.3%+1,654+35.6%AddedHistory
CBRECbre Group, Inc.CL A7,900$533.0K0.3%−900−10.2%ReducedHistory
ORCLOracle CorpStock8,700$531.0K0.3%−1,000−10.3%ReducedHistory
TSNTyson Foods, Inc.Stock8,000$527.0K0.2%−500−5.9%ReducedHistory

Sold out since Q2 2022 (72)

Positions held at the end of Q2 2022 that are gone from this filing.

Positions of Denali Advisors LLC sold out since Q2 2022
SecurityClassShares in Q2 2022Value in Q2 2022% of portfolio in Q2 2022History
VSHVishay Intertechnology IncCOM133,600$2.38M1.0%History
GRBKGreen Brick Partners, Inc.COM109,500$2.14M0.9%History
SMPStandard Motor Products, Inc.Stock38,200$1.72M0.7%History
EGBNEagle Bancorp IncCOM36,200$1.72M0.7%History
GBLGamco Investors, Inc. Et AlCL A COM63,042$1.32M0.6%History
ASOAcademy Sports & Outdoors, Inc.COM32,200$1.14M0.5%History
SANMSanmina CorpCOM20,317$828.0K0.4%History
MATVMativ Holdings, Inc.COM31,200$784.0K0.3%History
PLUSEplus IncCOM12,800$680.0K0.3%History
NOCNorthrop Grumman CorpStock1,100$526.0K0.2%History
SAHSonic Automotive IncCL A12,400$454.0K0.2%History
SBHSally Beauty Holdings, Inc.COM38,100$454.0K0.2%History
WSBCWesbanco IncCOM14,000$444.0K0.2%History
MEIMethode Electronics IncCOM8,725$323.0K0.1%History
GMGeneral Motors CoCOM9,400$299.0K0.1%History
WATWaters CorpCOM900$298.0K0.1%History
PGRProgressive CorpStock2,300$267.0K0.1%History
PFCPremier Financial CorpCOM9,300$236.0K0.1%History
BANFBancfirst CorpCOM2,400$230.0K0.1%History
STRSTR Sub Inc.CLASS A COM6,850$159.0K0.1%History
USAKUSA Truck IncCOM4,800$151.0K0.1%History
RSGRepublic Services, Inc.COM900$118.0K0.1%History
DCPHDeciphera Pharmaceuticals, Inc.COM7,900$104.0K<0.1%History
FMTXForma Therapeutics Holdings, Inc.SHS14,900$103.0K<0.1%History
ASIXAdvanSix Inc.COM2,100$70.0K<0.1%History
SBSafe Bulkers, Inc.COM16,400$63.0K<0.1%History
MTXMinerals Technologies IncCOM1,000$61.0K<0.1%History
INBKFirst Internet BancorpCOM1,400$52.0K<0.1%History
MSMorgan StanleyStock500$38.0K<0.1%History
NKTXNkarta, Inc.COM3,100$38.0K<0.1%History
OECOrion S.A.COM2,400$37.0K<0.1%History
LEELee Enterprises, IncCOM1,900$36.0K<0.1%History
GOLDGold.com, Inc.COM1,000$32.0K<0.1%History
RDUSRadius Recycling, Inc.CL A900$30.0K<0.1%History
MCRIMonarch Casino & Resort IncCOM500$29.0K<0.1%History
TBRGTruBridge, Inc.COM900$29.0K<0.1%History
ARCHArch Resources, Inc.CL A200$29.0K<0.1%History
CACICACI International IncCL A100$28.0K<0.1%History
VTLEVital Energy, Inc.COM400$28.0K<0.1%History
AOMRAngel Oak Mortgage REIT, Inc.COM2,100$27.0K<0.1%History
BBQBBQ Holdings, Inc.COM2,600$27.0K<0.1%History
PRUPrudential Financial IncStock260$25.0K<0.1%History
JEFJefferies Financial Group Inc.COM900$25.0K<0.1%History
PASGPassage BIO, Inc.COM10,800$25.0K<0.1%History
ECPGEncore Capital Group IncCOM412$24.0K<0.1%History
FGBIFirst Guaranty Bancshares, Inc.COM1,000$24.0K<0.1%History
EGYVaalco Energy IncCOM NEW3,300$23.0K<0.1%History
VMRKVivmark ResidentialSH BEN INT300$22.0K<0.1%History
KKellanovaStock300$21.0K<0.1%History
DLTHDuluth Holdings Inc.COM CL B2,100$20.0K<0.1%History
FULCFulcrum Therapeutics, Inc.COM3,900$19.0K<0.1%History
BIGGQFormer BL Stores IncCOM900$19.0K<0.1%History
HZOMarinemax IncCOM500$18.0K<0.1%History
IPInternational Paper CoCOM400$17.0K<0.1%History
BBYBest Buy Co IncStock200$13.0K<0.1%History
CPRICapri Holdings LtdSHS300$12.0K<0.1%History
ETREntergy CorpCOM100$11.0K<0.1%History
ARWArrow Electronics, Inc.COM100$11.0K<0.1%History
BWABorgwarner IncCOM300$10.0K<0.1%History
UHSUniversal Health Services IncCL B100$10.0K<0.1%History
MCYMercury General CorpCOM104$5.00K<0.1%History
SIGISelective Insurance Group IncCOM29$3.00K<0.1%History
FNBFNB CorpCOM145$2.00K<0.1%History
HOMBHome Bancshares IncCOM76$2.00K<0.1%History
AIVApartment Investment & Management CoCL A295$2.00K<0.1%History
MDUMdu Resources Group IncStock51$1.00K<0.1%History
STEPStepStone Group Inc.COM CL A48$1.00K<0.1%History
CUBICustomers Bancorp, Inc.COM43$1.00K<0.1%History
CATYCathay General BancorpCOM31$1.00K<0.1%History
RILYBRC Group Holdings, Inc.COM24$1.00K<0.1%History
KMPRKEMPER CorpCOM26$1.00K<0.1%History
FLFoot Locker, Inc.COM16$00.0%History