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Livermore
Livermore
ZHEN

Denali Advisors LLC

SEC CIK
0001142941
Latest filing
Aug 10, 2026

Holdings in Q4 2022

Holdings as of Dec 31, 2022, filed Feb 9, 2023. Long positions only; changes compare share counts with Q3 2022.

Institution overview
Positions
415
+58 vs. Q3 2022
Portfolio value
$238.5M
+$27.0M (+12.8%) vs. Q3 2022
Filed
Feb 9, 2023
SEC
Holdings of Denali Advisors LLC in Q4 2022
SecurityClassSharesValue% of portfolioShare changeActionHistory
MHOM/I Homes, Inc.COM98,130$4.53M1.9%+7,064+7.8%AddedHistory
RUSHARush Enterprises IncCL A81,221$4.25M1.8%−7,500−8.5%ReducedHistory
INVAInnoviva, Inc.COM319,060$4.23M1.8%+34,738+12.2%AddedHistory
BXCBlueLinx Holdings Inc.COM NEW59,439$4.23M1.8%+918+1.6%AddedHistory
HTHHilltop Holdings Inc.COM140,573$4.22M1.8%−11,200−7.4%ReducedHistory
GEFGreif, IncCL A62,299$4.18M1.8%+110.0%AddedHistory
SNEXStoneX Group Inc.COM43,116$4.11M1.7%+160.0%AddedHistory
IMKTAIngles Markets IncCL A42,539$4.10M1.7%−4,416−9.4%ReducedHistory
RYZRyerson Holding CorpCOM135,290$4.09M1.7%−2,453−1.8%ReducedHistory
Townebank Portsmouth Va89214P109COM129,621$4.00M1.7%−15,200−10.5%Reduced–
GHCGraham Holdings CoCOM CL B6,510$3.93M1.6%−600−8.4%ReducedHistory
MDCSekisui House U.S., Inc.COM123,564$3.90M1.6%−5,363−4.2%ReducedHistory
HTLFHeartland Financial USA IncCOM83,441$3.89M1.6%+23,928+40.2%AddedHistory
CCSCentury Communities, Inc.COM76,900$3.85M1.6%00.0%UnchangedHistory
KWKennedy-Wilson Holdings, Inc.COM243,351$3.83M1.6%+15,100+6.6%AddedHistory
ESGREnstar Group LTDSHS16,400$3.79M1.6%00.0%UnchangedHistory
CMRECostamare Inc.SHS405,614$3.76M1.6%+101,100+33.2%AddedHistory
LPGDorian LPG Ltd.SHS USD196,143$3.72M1.6%−3,200−1.6%ReducedHistory
WORWorthington Enterprises, Inc.COM73,861$3.67M1.5%−4,900−6.2%ReducedHistory
IBOCInternational Bancshares CorpCOM80,000$3.66M1.5%−19,400−19.5%ReducedHistory
PFSIPennyMac Financial Services, Inc.COM64,441$3.65M1.5%+18,341+39.8%AddedHistory
STCStewart Information Services CorpCOM85,300$3.64M1.5%+10,900+14.7%AddedHistory
BFHBread Financial Holdings, Inc.COM95,400$3.59M1.5%+38,600+68.0%AddedHistory
AMKRAmkor Technology, Inc.COM149,696$3.59M1.5%−52,598−26.0%ReducedHistory
NBTBNBT Bancorp IncCOM82,600$3.59M1.5%−6,500−7.3%ReducedHistory
HOPEHope Bancorp IncCOM279,500$3.58M1.5%00.0%UnchangedHistory
CNXNPC Connection IncCOM75,500$3.54M1.5%−5,700−7.0%ReducedHistory
NTBBank of N.T. Butterfield & Son LtdSHS NEW118,204$3.52M1.5%−9,300−7.3%ReducedHistory
MLIMueller Industries IncCOM59,341$3.50M1.5%+7,000+13.4%AddedHistory
PRDOPerdoceo Education CorpCOM251,400$3.49M1.5%00.0%UnchangedHistory
NNINelnet IncCL A36,721$3.33M1.4%−9,279−20.2%ReducedHistory
NMRKNewmark Group, Inc.CL A394,561$3.14M1.3%+262,570+198.9%AddedHistory
GTNGray Media, IncCOM279,739$3.13M1.3%+154,667+123.7%AddedHistory
AELAmerican National Group Inc.COM65,672$3.00M1.3%+19,724+42.9%AddedHistory
FIZZNational Beverage CorpCOM64,344$2.99M1.3%+48,144+297.2%AddedHistory
LCIILci IndustriesCOM31,300$2.89M1.2%+31,000+10,333.3%AddedHistory
USNAUsana Health Sciences IncCOM53,229$2.83M1.2%+15,716+41.9%AddedHistory
SEMSelect Medical Holdings CorpCOM112,010$2.78M1.2%−2,190−1.9%ReducedHistory
ADArray Digital Infrastructure, Inc.COM132,978$2.77M1.2%−12,064−8.3%ReducedHistory
THRYThryv Holdings, Inc.COM NEW140,261$2.66M1.1%+70,200+100.2%AddedHistory
GOLFAcushnet Holdings Corp.COM62,400$2.65M1.1%00.0%UnchangedHistory
ENVAEnova International, Inc.COM61,553$2.36M1.0%−27,800−31.1%ReducedHistory
OTTROtter Tail CorpCOM35,826$2.10M0.9%+35,826NewHistory
KROKronos Worldwide IncCOM221,800$2.08M0.9%−119−0.1%ReducedHistory
PFSProvident Financial Services IncCOM95,664$2.04M0.9%+44,864+88.3%AddedHistory
PBFPBF Energy Inc.CL A48,388$1.97M0.8%+48,388NewHistory
SRCE1st Source CorpCOM36,785$1.95M0.8%+9,648+35.6%AddedHistory
WKCWorld Kinect CorpCOM68,700$1.88M0.8%−19,700−22.3%ReducedHistory
NHCNational Healthcare CorpCOM30,100$1.79M0.8%+8,700+40.7%AddedHistory
BKEBuckle IncCOM38,000$1.72M0.7%+12,600+49.6%AddedHistory
BCCBoise Cascade CoCOM23,273$1.60M0.7%+23,256+136,800.0%AddedHistory
AMCXAMC Global Media Inc.CL A99,790$1.56M0.7%−300.0%ReducedHistory
TROXTronox Holdings plcSHS110,500$1.51M0.6%+19,070+20.9%AddedHistory
AUBAtlantic Union Bankshares CorpCOM43,100$1.51M0.6%00.0%UnchangedHistory
MBINMerchants BancorpCOM59,371$1.44M0.6%+816+1.4%AddedHistory
WMKWeis Markets IncCOM16,700$1.37M0.6%−3,300−16.5%ReducedHistory
SLVMSylvamo CorpCOMMON STOCK28,000$1.36M0.6%+28,000NewHistory
OPYOppenheimer Holdings IncCL A NON VTG30,800$1.30M0.5%+2,700+9.6%AddedHistory
AGMFederal Agricultural Mortgage CorpCL C11,100$1.25M0.5%−5,400−32.7%ReducedHistory
PRKPark National CorpCOM8,800$1.24M0.5%00.0%UnchangedHistory
EAFGraftech International LtdCOM248,164$1.18M0.5%−342,373−58.0%ReducedHistory
FORForestar Group Inc.COM74,650$1.15M0.5%−1,355−1.8%ReducedHistory
HTLDHeartland Express IncCOM73,400$1.13M0.5%+26,100+55.2%AddedHistory
NWLINational Western Life Group, Inc.CL A4,000$1.12M0.5%−2,707−40.4%ReducedHistory
SASRSandy Spring Bancorp IncCOM30,900$1.09M0.5%+30,900NewHistory
ULHUniversal Logistics Holdings, Inc.COM32,000$1.07M0.4%+9,100+39.7%AddedHistory
RBCAARepublic Bancorp IncCL A26,114$1.07M0.4%+814+3.2%AddedHistory
JPMJPMorgan Chase & CoStock7,400$992.3K0.4%−900−10.8%ReducedHistory
GNWGenworth Financial IncCOM SHS167,500$886.1K0.4%00.0%UnchangedHistory
MATXMatson, Inc.COM13,608$850.6K0.4%00.0%UnchangedHistory
VZVerizon Communications IncStock20,500$807.7K0.3%+3,200+18.5%AddedHistory
HPKHighPeak Energy, Inc.COM33,900$775.3K0.3%+33,900NewHistory
GOOGLAlphabet Inc.Stock8,700$767.6K0.3%+1,200+16.0%AddedHistory
METAMeta Platforms, Inc.Stock6,300$758.1K0.3%+2,100+50.0%AddedHistory
BACBank of America CorpStock22,600$748.5K0.3%−1,700−7.0%ReducedHistory
AFLAflac IncStock10,400$748.2K0.3%−1,100−9.6%ReducedHistory
LYBLyondellBasell Industries N.V.SHS - A -8,900$739.0K0.3%00.0%UnchangedHistory
NESRNational Energy Services Reunited Corp.SHS106,200$737.0K0.3%00.0%UnchangedHistory
ALXAlexanders IncCOM3,300$726.2K0.3%00.0%UnchangedHistory
TTECTTEC Holdings, Inc.COM16,439$725.5K0.3%+39+0.2%AddedHistory
DHIHorton D R IncCOM7,800$695.3K0.3%+900+13.0%AddedHistory
INTCIntel CorpStock26,100$689.8K0.3%+2,400+10.1%AddedHistory
DGXQuest Diagnostics IncCOM4,400$688.3K0.3%+4,400NewHistory
KOPKoppers Holdings Inc.COM24,000$676.8K0.3%−3,200−11.8%ReducedHistory
AGRAvangrid, Inc.COM15,700$674.8K0.3%+2,200+16.3%AddedHistory
NMIHNMI Holdings, Inc.COM32,266$674.4K0.3%−46,300−58.9%ReducedHistory
GSGoldman Sachs Group IncStock1,900$652.4K0.3%+800+72.7%AddedHistory
LENLennar CorpCL A7,200$651.6K0.3%+1,800+33.3%AddedHistory
APAMArtisan Partners Asset Management Inc.CL A21,900$650.4K0.3%+21,900NewHistory
CENTACentral Garden & Pet CoCL A NON-VTG18,100$648.0K0.3%00.0%UnchangedHistory
SENEASeneca Foods CorpCL A10,600$646.1K0.3%+6,000+130.4%AddedHistory
WLKWestlake CorpCOM6,300$646.0K0.3%00.0%UnchangedHistory
GDGeneral Dynamics CorpStock2,600$645.1K0.3%−100−3.7%ReducedHistory
METMetlife IncStock8,900$644.1K0.3%−1,100−11.0%ReducedHistory
STLDSteel Dynamics IncCOM6,550$639.9K0.3%+200+3.1%AddedHistory
TFCTruist Financial CorpCOM14,700$632.5K0.3%+1,100+8.1%AddedHistory
DOXAmdocs LtdSHS6,800$618.1K0.3%−800−10.5%ReducedHistory
BF.BBrown Forman CorpStock9,200$604.3K0.3%+200+2.2%AddedHistory
HOLXHologic IncCOM7,900$591.0K0.2%+100+1.3%AddedHistory
DFSDiscover Financial ServicesCOM6,000$587.0K0.2%+1,400+30.4%AddedHistory

Sold out since Q3 2022 (50)

Positions held at the end of Q3 2022 that are gone from this filing.

Positions of Denali Advisors LLC sold out since Q3 2022
SecurityClassShares in Q3 2022Value in Q3 2022% of portfolio in Q3 2022History
MMIMarcus & Millichap, Inc.COM85,000$2.79M1.3%History
ACCOAcco Brands CorpCOM525,703$2.58M1.2%History
GIIIG III Apparel Group LtdCOM130,432$1.95M0.9%History
ESTEEarthstone Energy IncCL A61,538$758.0K0.4%History
EIGEmployers Holdings, Inc.COM14,400$497.0K0.2%History
WMTWalmart Inc.Stock2,500$324.0K0.2%History
CLRContinental Resources, IncCOM4,700$314.0K0.1%History
EBIXEbix IncCOM NEW15,787$299.0K0.1%History
HBNCHorizon Bancorp IncCOM16,300$293.0K0.1%History
ONEWOneWater Marine Inc.CL A COM9,600$289.0K0.1%History
AKROAkero Therapeutics, Inc.COM5,200$177.0K0.1%History
MOHMolina Healthcare, Inc.COM500$165.0K0.1%History
AAMIAcadian Asset Management Inc.COM10,130$151.0K0.1%History
CTOCTO Realty Growth, Inc.COM6,600$124.0K0.1%History
SAFTSafety Insurance Group IncCOM1,500$122.0K0.1%History
FHIFederated Hermes, Inc.CL B3,400$113.0K0.1%History
VLOValero Energy CorpStock1,000$107.0K0.1%History
PENGPenguin Solutions, Inc.SHS6,500$103.0K<0.1%History
WFCWells Fargo & CompanyStock2,200$88.0K<0.1%History
PRAXPraxis Precision Medicines, Inc.COM38,800$88.0K<0.1%History
BPOPPopular, Inc.COM NEW1,100$79.0K<0.1%History
ALXOAlx Oncology Holdings IncCOM7,500$72.0K<0.1%History
GORVLazydays Holdings, Inc.COM4,600$62.0K<0.1%History
METCRamaco Resources, Inc.COM6,000$55.0K<0.1%History
CINFCincinnati Financial CorpCOM500$45.0K<0.1%History
AOSLAlpha & Omega Semiconductor LtdSHS1,400$43.0K<0.1%History
HWKNHawkins IncCOM900$35.0K<0.1%History
HOWLWerewolf Therapeutics, Inc.COM5,900$27.0K<0.1%History
LAMRLamar Advertising CoREIT300$25.0K<0.1%History
BVSBioventus Inc.COM CL A3,500$25.0K<0.1%History
ARQTArcutis Biotherapeutics, Inc.COM1,200$23.0K<0.1%History
UTIUniversal Technical Institute IncCOM4,000$22.0K<0.1%History
IESCIES Holdings, Inc.COM800$22.0K<0.1%History
SNFCASecurity National Financial CorpCL A NEW3,360$21.0K<0.1%History
CMICummins IncStock100$20.0K<0.1%History
VVVValvoline IncCOM700$18.0K<0.1%History
WRBBerkley W R CorpCOM200$13.0K<0.1%History
KKRKKR & Co. Inc.COM300$13.0K<0.1%History
MANManpowerGroup Inc.COM200$13.0K<0.1%History
WCCWesco International IncCOM100$12.0K<0.1%History
ALSumisho Air Lease CorpCL A358$11.0K<0.1%History
VYXNCR Voyix CorpCOM500$10.0K<0.1%History
CDAKCodiak BioSciences, Inc.COM9,100$7.00K<0.1%History
MTGMgic Investment CorpCOM399$5.00K<0.1%History
ABCBAmeris BancorpCOM40$2.00K<0.1%History
AGNTAGNT, Inc.COM79$1.00K<0.1%History
RMRRMR Group Inc.CL A28$1.00K<0.1%History
BFSSaul Centers, Inc.COM26$1.00K<0.1%History
TGNATegna IncCOM38$1.00K<0.1%History
QVCGAOld QVC Group, Inc.COM SER A210$00.0%History