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Denali Advisors LLC

SEC CIK
0001142941
Latest filing
Aug 10, 2026

Holdings in Q2 2025

Holdings as of Jun 30, 2025, filed Jul 30, 2025. Long positions only; changes compare share counts with Q1 2025.

Institution overview
Positions
288
+14 vs. Q1 2025
Portfolio value
$960.1M
+$81.5M (+9.3%) vs. Q1 2025
Filed
Jul 30, 2025
SEC
Holdings of Denali Advisors LLC in Q2 2025
SecurityClassSharesValue% of portfolioShare changeActionHistory
NVDANVIDIA CorpStock301,387$47.6M5.0%+14,619+5.1%AddedHistory
MSFTMicrosoft CorpStock94,608$47.1M4.9%−1,308−1.4%ReducedHistory
AAPLApple Inc.Stock157,687$32.4M3.4%−1,905−1.2%ReducedHistory
AMZNAmazon Com IncStock128,428$28.2M2.9%−6,505−4.8%ReducedHistory
METAMeta Platforms, Inc.Stock32,595$24.1M2.5%−335−1.0%ReducedHistory
GOOGAlphabet Inc.Stock106,066$18.8M2.0%−10,397−8.9%ReducedHistory
NFLXNetflix IncStock12,994$17.4M1.8%−120−0.9%ReducedHistory
AVGOBroadcom Inc.Stock58,151$16.0M1.7%−1,109−1.9%ReducedHistory
ARCCAres Capital CorpCEF563,451$12.4M1.3%−13,109−2.3%ReducedHistory
TAT&T Inc.Stock401,037$11.6M1.2%+22,394+5.9%AddedHistory
COSTCostco Wholesale CorpStock11,093$11.0M1.1%−105−0.9%ReducedHistory
WMTWalmart Inc.Stock104,710$10.2M1.1%−733−0.7%ReducedHistory
LLYEli Lilly & CoStock12,776$9.96M1.0%−740−5.5%ReducedHistory
VSTVistra Corp.Stock51,119$9.91M1.0%−526−1.0%ReducedHistory
TSLATesla, Inc.Stock30,708$9.75M1.0%−406−1.3%ReducedHistory
HOODRobinhood Markets, Inc.Stock103,191$9.66M1.0%+62,371+152.8%AddedHistory
BXSLBlackstone Secured Lending FundCOMMON STOCK303,781$9.34M1.0%−7,110−2.3%ReducedHistory
OBDCBlue Owl Capital CorpCOM630,218$9.04M0.9%−15,441−2.4%ReducedHistory
MAINMain Street Capital CORPCEF152,199$8.99M0.9%−3,369−2.2%ReducedHistory
PLTRPalantir Technologies Inc.Stock64,921$8.85M0.9%+26,696+69.8%AddedHistory
HDHome Depot, Inc.Stock22,457$8.23M0.9%−260−1.1%ReducedHistory
MOAltria Group, Inc.Stock137,962$8.09M0.8%+14,723+11.9%AddedHistory
GBDCGolub Capital BDC, Inc.COM542,148$7.94M0.8%−12,379−2.2%ReducedHistory
DFHDream Finders Homes, Inc.COM CL A313,810$7.89M0.8%+36,314+13.1%AddedHistory
GEFGreif, IncCL A115,667$7.52M0.8%+500+0.4%AddedHistory
WMWaste Management IncStock31,868$7.29M0.8%+7,577+31.2%AddedHistory
NMIHNMI Holdings, Inc.COM171,994$7.26M0.8%−16,795−8.9%ReducedHistory
Alps ETF Tr00162Q452ALERIAN MLP145,193$7.09M0.7%−2,647−1.8%Reduced–
MAMastercard IncStock12,552$7.05M0.7%−146−1.1%ReducedHistory
BKEBuckle IncCOM153,675$6.97M0.7%−15,837−9.3%ReducedHistory
GRBKGreen Brick Partners, Inc.COM110,517$6.95M0.7%+51,158+86.2%AddedHistory
IBOCInternational Bancshares CorpCOM102,372$6.81M0.7%+400+0.4%AddedHistory
RUSHARush Enterprises IncCL A131,737$6.79M0.7%+11,808+9.8%AddedHistory
CATYCathay General BancorpCOM148,246$6.75M0.7%+628+0.4%AddedHistory
FORForestar Group Inc.COM336,827$6.74M0.7%+41,723+14.1%AddedHistory
EFSCEnterprise Financial Services CorpCOM121,924$6.72M0.7%+6,976+6.1%AddedHistory
VCTRVictory Capital Holdings, Inc.COM CL A105,277$6.70M0.7%+87,570+494.6%AddedHistory
INVAInnoviva, Inc.COM332,661$6.68M0.7%−43,945−11.7%ReducedHistory
FRMEFirst Merchants CorpCOM174,384$6.68M0.7%+14,005+8.7%AddedHistory
NTBBank of N.T. Butterfield & Son LtdSHS NEW150,254$6.65M0.7%−20,132−11.8%ReducedHistory
MBINMerchants BancorpCOM200,510$6.63M0.7%+30,356+17.8%AddedHistory
CMRECostamare Inc.SHS722,656$6.58M0.7%+167,583+30.2%AddedHistory
SRCE1st Source CorpCOM105,051$6.52M0.7%+500+0.5%AddedHistory
SMSM Energy CoCOM261,902$6.47M0.7%+89,558+52.0%AddedHistory
ACTEnact Holdings, Inc.COM173,785$6.46M0.7%−24,309−12.3%ReducedHistory
TGNATegna IncCOM383,911$6.43M0.7%+3,201+0.8%AddedHistory
IMKTAIngles Markets IncCL A101,089$6.41M0.7%−1,132−1.1%ReducedHistory
FSKFS KKR Capital CorpCOM308,047$6.39M0.7%−7,758−2.5%ReducedHistory
ORCLOracle CorpStock29,229$6.39M0.7%+16+0.1%AddedHistory
FFBCFirst Financial BancorpCOM262,525$6.37M0.7%+6,199+2.4%AddedHistory
ALXAlexanders IncCOM27,924$6.29M0.7%−2,001−6.7%ReducedHistory
JXNJackson Financial Inc.COM CL A69,446$6.17M0.6%+300+0.4%AddedHistory
AEMAgnico Eagle Mines LtdStock51,576$6.13M0.6%+160.0%AddedHistory
OTTROtter Tail CorpCOM79,175$6.10M0.6%+11,216+16.5%AddedHistory
HTGCHercules Capital, Inc.COM333,853$6.10M0.6%−7,192−2.1%ReducedHistory
FIZZNational Beverage CorpCOM140,050$6.06M0.6%−23,350−14.3%ReducedHistory
TRIThomson Reuters CorpCOM NO PAR29,646$5.95M0.6%+90.0%AddedHistory
NOGNorthern Oil & Gas, Inc.COM201,581$5.71M0.6%+40,221+24.9%AddedHistory
CCSIConsensus Cloud Solutions, Inc.COM243,840$5.62M0.6%+28,824+13.4%AddedHistory
CAHCardinal Health IncStock33,040$5.55M0.6%00.0%UnchangedHistory
FGF&G Annuities & Life, Inc.COMMON STOCK173,433$5.55M0.6%+160,569+1,248.2%AddedHistory
NNINelnet IncCL A44,422$5.38M0.6%−5,112−10.3%ReducedHistory
PANWPalo Alto Networks IncStock26,249$5.37M0.6%−6,379−19.6%ReducedHistory
LNGCheniere Energy, Inc.COM NEW21,890$5.33M0.6%+1,197+5.8%AddedHistory
WABCWestamerica BancorporationCOM107,152$5.19M0.5%+89,444+505.1%AddedHistory
TNKTeekay Tankers Ltd.CL A123,798$5.16M0.5%+38,849+45.7%AddedHistory
HPKHighPeak Energy, Inc.COM522,525$5.12M0.5%+50,977+10.8%AddedHistory
JPMJPMorgan Chase & CoStock17,370$5.04M0.5%−800−4.4%ReducedHistory
BRK.BBerkshire Hathaway IncStock10,062$4.89M0.5%−1,298−11.4%ReducedHistory
BANFBancfirst CorpCOM39,322$4.86M0.5%+601+1.6%AddedHistory
TSLXSixth Street Specialty Lending, Inc.COM198,685$4.73M0.5%−4,753−2.3%ReducedHistory
SAHSonic Automotive IncCL A56,667$4.53M0.5%−32,218−36.2%ReducedHistory
GICGlobal Industrial CoCOM165,778$4.48M0.5%−10.0%ReducedHistory
CNXNPC Connection IncCOM66,631$4.38M0.5%+13,608+25.7%AddedHistory
CEGConstellation Energy CorpStock13,382$4.32M0.4%+713+5.6%AddedHistory
VVisa Inc.Stock11,980$4.25M0.4%−212−1.7%ReducedHistory
PMPhilip Morris International Inc.Stock23,247$4.23M0.4%+4,125+21.6%AddedHistory
KGCKinross Gold CorpCOM258,090$4.03M0.4%−28,500−9.9%ReducedHistory
WORWorthington Enterprises, Inc.COM62,732$3.99M0.4%−52,020−45.3%ReducedHistory
ERICEricsson LM Telephone CoADR B SEK 10458,698$3.89M0.4%+298+0.1%AddedHistory
CASHPathward Financial, Inc.COM48,370$3.83M0.4%00.0%UnchangedHistory
ATKRAtkore Inc.COM53,026$3.74M0.4%−10.0%ReducedHistory
FLEXFlex Ltd.Stock72,973$3.64M0.4%+53+0.1%AddedHistory
SDSandridge Energy IncCOM NEW335,264$3.63M0.4%+183+0.1%AddedHistory
PRDOPerdoceo Education CorpCOM107,754$3.52M0.4%−79,036−42.3%ReducedHistory
TSMTaiwan Semiconductor Manufacturing Co LtdADR15,155$3.43M0.4%+17+0.1%AddedHistory
SBSafe Bulkers, Inc.COM930,081$3.36M0.3%+59,666+6.9%AddedHistory
PAXPatria Investments LtdCOM CL A234,819$3.30M0.3%+144,577+160.2%AddedHistory
CALMCal-Maine Foods IncCOM NEW32,154$3.20M0.3%+32,154NewHistory
NOWServiceNow, Inc.Stock2,994$3.08M0.3%−619−17.1%ReducedHistory
BZHBeazer Homes USA IncCOM NEW137,177$3.07M0.3%−10,600−7.2%ReducedHistory
IBEXIBEX LtdSHS NEW104,096$3.03M0.3%+30,378+41.2%AddedHistory
RDNRadian Group IncCOM82,976$2.99M0.3%−400−0.5%ReducedHistory
BLKBlackRock, Inc.Stock2,830$2.97M0.3%00.0%UnchangedHistory
MCDMcDonalds CorpStock10,074$2.94M0.3%−181−1.8%ReducedHistory
iShares Core U.S. Aggregate Bond ETF464287226ETF29,049$2.88M0.3%−2,527−8.0%Reduced–
PLABPhotronics IncCOM142,763$2.69M0.3%+2,900+2.1%AddedHistory
AMRAlpha Metallurgical Resources, Inc.COM23,611$2.66M0.3%00.0%UnchangedHistory
LADRLadder Capital CorpCL A245,824$2.64M0.3%+79,743+48.0%AddedHistory
NVSNovartis AGADR21,813$2.64M0.3%−123−0.6%ReducedHistory

Sold out since Q1 2025 (26)

Positions held at the end of Q1 2025 that are gone from this filing.

Positions of Denali Advisors LLC sold out since Q1 2025
SecurityClassShares in Q1 2025Value in Q1 2025% of portfolio in Q1 2025History
SNEXStoneX Group Inc.COM84,535$6.46M0.7%History
GNWGenworth Financial IncCOM SHS680,225$4.82M0.5%History
FLNGFlex LNG Ltd.SHS154,568$3.55M0.4%History
COPConocoPhillipsStock31,140$3.27M0.4%History
PFBCPreferred BankCOM NEW34,113$2.85M0.3%History
QCRHQCR Holdings IncCOM32,971$2.35M0.3%History
BXCBlueLinx Holdings Inc.COM NEW31,223$2.34M0.3%History
ETDEthan Allen Interiors IncCOM83,040$2.30M0.3%History
BUSEFirst Busey CorpCOM NEW89,750$1.94M0.2%History
OFGOfg BancorpCOM42,220$1.69M0.2%History
ANDEAndersons, Inc.COM19,600$841.4K0.1%History
SNASnap-on IncCOM1,607$541.6K0.1%History
WLKWestlake CorpCOM5,322$532.4K0.1%History
LYBLyondellBasell Industries N.V.SHS - A -7,535$530.5K0.1%History
UVVUniversal CorpCOM7,908$443.2K0.1%History
ASOAcademy Sports & Outdoors, Inc.COM9,200$419.6K<0.1%History
SNXTD Synnex CorpCOM3,911$406.6K<0.1%History
NVONovo Nordisk A SADR5,630$390.9K<0.1%History
SBHSally Beauty Holdings, Inc.COM43,100$389.2K<0.1%History
KOPKoppers Holdings Inc.COM12,900$361.2K<0.1%History
MATXMatson, Inc.COM2,740$351.2K<0.1%History
CSTMConstellium SECL A SHS29,771$300.4K<0.1%History
TPRTapestry, Inc.COM3,608$254.0K<0.1%History
ETREntergy CorpCOM2,700$230.8K<0.1%History
KROKronos Worldwide IncCOM30,729$229.9K<0.1%History
COFCapital One Financial CorpStock1,200$215.2K<0.1%History