DENALI ADVISORS LLC

← Tracker

Institutional

CIK 0001142941

$899.7M

Reported AUM

307

Positions

Q1 2026

Period

2026-05-08

Filed

The Brief · DENALI ADVISORS LLC · Q1 2026

AI · grounded in 13F

DENALI ADVISORS LLC closed its position in CEG for a reduction of $4.5M. The fund established new positions in CVX for $3.9M and PRIM for $3.5M. Additionally, the manager accumulated shares in GBX by 494.3% and HG by 353.5%.

Portfolio · Q1 2026

Top holdings

QoQ vs Q4 2025

#	Stock	Issuer	Price	Day %	1Y Gr.	5Y Gr.	Value	% of book	Δ shares (QoQ)	Status
1	NVDA	NVIDIA CORPORATION	$205.10	-6.20%	44.92%	955.49%	$38.1M	4.24%	+1,270	+0.6%
2	AAPL	APPLE INC	$307.34	-1.25%	51.31%	116.17%	$30.1M	3.34%	+188	+0.2%
3	GOOG	ALPHABET INC	$365.76	-0.95%	109.82%	172.71%	$26.5M	2.94%	+7	+0.0%
4	MSFT	MICROSOFT CORP	$416.67	-2.66%	-10.71%	52.39%	$25.8M	2.87%	+239	+0.3%
5	AMZN	AMAZON COM INC	$246.03	-3.06%	15.20%	47.87%	$17.0M	1.89%	+5	+0.0%
6	META	META PLATFORMS INC	$593.00	-5.51%	-14.74%	67.74%	$13.6M	1.51%	+82	+0.3%
7	AVGO	BROADCOM INC	$385.73	-7.92%	57.48%	771.51%	$12.7M	1.41%	+244	+0.6%
8	WMT	WALMART INC	$118.88	0.97%	22.99%	166.67%	$10.3M	1.15%	−142	−0.2%
9	T	AT&T INC	$22.75	-0.09%	-15.45%	46.77%	$10.3M	1.14%	+29,521	+9.1%
10	NFLX	NETFLIX INC.	$82.18	0.76%	-33.80%	58.78%	$9.9M	1.10%	−105	−0.1%
11	IMKTA	INGLES MKTS INC	$91.15	4.60%	50.84%	59.35%	$8.7M	0.97%	−322	−0.3%
12	COST	COSTCO WHOLESALE CORPORATION	$971.87	-0.05%	-3.70%	138.72%	$8.6M	0.95%	−10	−0.1%
13	LLY	ELI LILLY & CO	$1131.42	0.55%	48.00%	387.10%	$8.5M	0.95%	+2,571	+38.3%
14	MBIN	MERCHANTS BANCORP IND	$47.51	-0.40%	47.93%	104.40%	$8.4M	0.93%	−42,904	−18.1%
15	NOG	NORTHERN OIL & GAS INC	$20.98	-4.11%	-21.95%	49.41%	$8.3M	0.93%	−27,800	−8.9%
16	CAH	CARDINAL HEALTH INC	$205.71	1.97%	34.46%	285.46%	$8.3M	0.92%	+3,558	+10.0%
17	SRCE	1ST SOURCE CORP	$75.35	0.94%	26.41%	87.24%	$8.3M	0.92%	−1,000	−0.8%
18	TSLA	TESLA INC	$391.00	-6.56%	32.48%	70.69%	$8.2M	0.91%	+11	+0.1%
19	NTB	BANK OF N T BUTTERFIELD & SO	$57.91	0.59%	38.11%	122.97%	$8.1M	0.90%	+2,390	+1.6%
20	CBT	CABOT CORP	$80.88	-2.60%	10.37%	63.44%	$8.1M	0.89%	+23,477	+28.1%
21	AEM	AGNICO EAGLE MINES LTD	$163.66	-7.41%	40.03%	184.98%	$8.0M	0.89%	+20	+0.1%
22	FIZZ	NATIONAL BEVERAGE CORP	$36.51	5.13%	-21.55%	-8.46%	$8.0M	0.88%	+13,757	+6.2%
23	FRME	FIRST MERCHANTS CORP	$39.93	-0.42%	13.24%	17.54%	$7.9M	0.88%	—	HELD
24	CATY	CATHAY GEN BANCORP	$58.22	0.07%	34.90%	80.40%	$7.9M	0.88%	+600	+0.4%
25	OTTR	OTTER TAIL CORP	$86.77	0.35%	15.40%	93.21%	$7.9M	0.88%	+1,206	+1.4%
26	IBOC	INTERNATIONAL BANCSHARES COR	$72.98	0.05%	15.43%	111.38%	$7.9M	0.88%	+5,900	+5.3%
27	PLTR	PALANTIR TECHNOLOGIES INC	$135.53	-4.35%	6.11%	524.27%	$7.8M	0.87%	+40	+0.1%
28	FFBC	1ST FINL BANCORP	$30.85	1.02%	34.91%	66.84%	$7.8M	0.87%	−29,500	−9.5%
29	NMIH	NMI HLDGS INC	$36.55	1.30%	-8.19%	65.99%	$7.8M	0.87%	+10,520	+5.3%
30	GEF	GREIF INC	$63.59	0.30%	-1.01%	22.30%	$7.8M	0.86%	−56	−0.0%
31	MO	ALTRIA GROUP INC	$72.19	2.25%	—	—	$7.7M	0.86%	+2,768	+2.4%
32	RUSHA	RUSH ENTERPRISES INC	$67.02	1.36%	—	—	$7.7M	0.86%	−31,900	−21.4%
33	EFSC	ENTERPRISE FINL SVCS CORP	$61.35	0.51%	—	—	$7.6M	0.85%	—	HELD
34	HG	HAMILTON INSURANCE GROUP LTD	$30.49	4.70%	—	—	$7.5M	0.83%	+195,500	+353.5%
35	ACT	ENACT HLDGS INC	$41.79	2.05%	—	—	$7.4M	0.83%	−343	−0.2%
36	GRBK	GREEN BRICK PARTNERS INC	$68.81	-0.74%	—	—	$7.4M	0.82%	−400	−0.3%
37	TNK	TEEKAY TANKERS LTD	$72.20	2.95%	—	—	$7.4M	0.82%	+10,518	+11.7%
38	MHO	M/I HOMES INC	$137.33	-0.74%	—	—	$7.3M	0.81%	+4,106	+7.4%
39	FOR	FORESTAR GROUP INC	$28.18	-1.05%	—	—	$7.2M	0.80%	−1,174	−0.4%
40	WLFC	WILLIS LEASE FIN CORP	$183.96	3.65%	—	—	$7.0M	0.77%	+7,500	+22.4%
41	GBX	GREENBRIER COS INC	$46.89	0.11%	—	—	$6.9M	0.77%	+109,741	+494.3%
42	FG	F&G ANNUITIES & LIFE INC	$27.81	2.36%	—	—	$6.9M	0.77%	+31,939	+13.2%
43	CAT	CATERPILLAR INC	$904.28	-3.85%	—	—	$6.9M	0.76%	+3	+0.0%
44	ARCC	ARES CAPITAL CORP	$18.79	-0.58%	—	—	$6.8M	0.76%	−14,818	−3.8%
45	SD	SANDRIDGE ENERGY INC	$14.81	-5.37%	—	—	$6.6M	0.74%	+1,458	+0.4%
46	CMRE	COSTAMARE INC	$15.99	2.57%	—	—	$6.6M	0.73%	−107,200	−21.5%
47	STBA	S & T BANCORP INC	$45.60	0.57%	—	—	$6.3M	0.71%	+24,700	+19.4%
48	CCSI	CONSENSUS CLOUD SOLUTIONS IN	$33.50	-2.50%	—	—	$6.3M	0.71%	−3,881	−1.4%
49	SM	SM ENERGY COMPANY	$32.21	-5.15%	—	—	$6.3M	0.70%	−97,200	−32.4%
50	WM	WASTE MGMT INC DEL	$220.40	0.63%	—	—	$6.1M	0.68%	−27	−0.1%
51	WS	WORTHINGTON STL INC	$41.52	-2.99%	—	—	$6.1M	0.67%	+131,715	+194.6%
52	ABG	ASBURY AUTOMOTIVE GROUP INC	$190.98	0.44%	—	—	$5.9M	0.65%	+8,900	+41.9%
53	BKE	BUCKLE INC	$44.82	2.89%	—	—	$5.9M	0.65%	+8,900	+8.3%
54	VST	VISTRA CORP	$148.76	-3.21%	—	—	$5.8M	0.65%	+6	+0.0%
55	HD	HOME DEPOT INC	$310.78	0.27%	—	—	$5.5M	0.61%	−16	−0.1%
56	ALX	ALEXANDERS INC	$258.59	1.04%	—	—	$5.4M	0.60%	−7,000	−23.4%
57	MAIN	MAIN STR CAP CORP	$51.81	-0.40%	—	—	$5.4M	0.60%	−4,815	−4.5%
58	NNI	NELNET INC	$129.03	-0.32%	—	—	$5.3M	0.59%	−3,400	−7.6%
59	BY	BYLINE BANCORP INC	$33.78	0.84%	—	—	$5.3M	0.59%	+41,664	+33.1%
60	JPM	JPMORGAN CHASE & CO	$312.37	0.48%	—	—	$5.2M	0.58%	+500	+2.9%
61	AMPH	AMPHASTAR PHARMACEUTICALS IN	$19.74	5.56%	—	—	$5.2M	0.58%	+54,700	+25.8%
62	PLAB	PHOTRONICS INC	$29.15	-7.52%	—	—	$5.2M	0.58%	−184,851	−59.0%
63	ORCL	ORACLE CORP	$213.68	-9.59%	—	—	$5.2M	0.57%	+115	+0.3%
64	CASY	CASEYS GEN STORES INC	$761.91	0.04%	—	—	$5.1M	0.57%	+2	+0.0%
65	OBDC	BLUE OWL CAPITAL CORPORATION	$11.02	-2.48%	—	—	$5.1M	0.57%	−10,333	−2.2%
66	AMLP	ALPS ETF TR	$52.77	-0.90%	—	—	$5.0M	0.55%	−247	−0.3%
67	CNXN	PC CONNECTION INC	$72.15	0.89%	—	—	$4.9M	0.54%	+16,000	+23.8%
68	BXSL	BLACKSTONE SECD LENDING FD	$23.57	-0.97%	—	—	$4.8M	0.54%	−8,939	−4.2%
69	MA	MASTERCARD INCORPORATED	$491.08	1.93%	—	—	$4.8M	0.53%	−16	−0.2%
70	LADR	LADDER CAP CORP	$10.23	0.59%	—	—	$4.7M	0.52%	−6,500	−1.3%
71	DFH	DREAM FINDERS HOMES INC	$14.60	1.74%	—	—	$4.7M	0.52%	+78,263	+30.1%
72	DOLE	DOLE PLC	$14.01	0.57%	—	—	$4.7M	0.52%	−2,400	−0.7%
73	HOOD	ROBINHOOD MKTS INC	$82.47	-6.63%	—	—	$4.6M	0.52%	+124	+0.2%
74	GBDC	GOLUB CAP BDC INC	$13.04	-1.14%	—	—	$4.6M	0.51%	−7,338	−2.0%
75	ERIC	TELEFONAKTIEBOLAGET LM ERICS	$12.56	-5.92%	—	—	$4.6M	0.51%	−23	−0.0%
76	FLEX	FLEXTRONICS INTL LTD	$151.92	-4.76%	—	—	$4.4M	0.49%	−2	−0.0%
77	CASH	PATHWARD FINANCIAL INC	$79.89	1.06%	—	—	$4.3M	0.48%	—	HELD
78	SEM	SELECT MED HLDGS CORP	$16.54	0.30%	—	—	$4.3M	0.48%	—	HELD
79	SAFE	SAFEHOLD INC	$15.48	1.84%	—	—	$4.2M	0.47%	+217,700	+236.9%
80	BRK/B	BERKSHIRE HATHAWAY INC DEL	—	—	—	—	$4.2M	0.46%	+300	+3.6%
81	PLTK	PLAYTIKA HLDG CORP	$3.09	-1.90%	—	—	$4.0M	0.44%	+316,000	+28.4%
82	CVX	CHEVRON CORPORATION	$187.31	-0.55%	—	—	$3.9M	0.44%	+19,056	NEW
83	KGC	KINROSS GOLD CORP	$26.22	-8.32%	—	—	$3.9M	0.43%	−1,780	−1.4%
84	PRIM	PRIMORIS SVCS CORP	$121.84	-4.54%	—	—	$3.5M	0.39%	+24,460	NEW
85	TK	TEEKAY CORPORATION LTD	$11.56	1.40%	—	—	$3.5M	0.38%	−282	−0.1%
86	PANW	PALO ALTO NETWORKS INC	$272.05	-2.58%	—	—	$3.4M	0.38%	+2	+0.0%
87	MCY	MERCURY GENL CORP NEW	$101.47	4.02%	—	—	$3.4M	0.37%	+34,214	+855.4%
88	HTGC	HERCULES CAPITAL INC	$15.28	-1.86%	—	—	$3.3M	0.37%	−8,899	−3.8%
89	ATKR	ATKORE INC	$80.61	-5.09%	—	—	$3.2M	0.36%	—	HELD
90	SB	SAFE BULKERS INC	$6.50	1.56%	—	—	$3.2M	0.36%	−448,246	−47.0%
91	PRG	PROG HOLDINGS INC	$35.25	3.22%	—	—	$3.2M	0.35%	+110,611	NEW
92	TGLS	TECNOGLASS INC	$42.35	-0.91%	—	—	$3.1M	0.34%	+35,616	+105.3%
93	MGRC	MCGRATH RENTCORP	$108.88	-0.42%	—	—	$2.9M	0.32%	+23,200	+703.0%
94	BLK	BLACKROCK INC	$995.60	-2.64%	—	—	$2.7M	0.30%	—	HELD
95	TSLX	SIXTH STREET SPECIALTY LENDI	$17.39	-1.58%	—	—	$2.7M	0.30%	+4,738	+3.4%
96	CALM	CAL MAINE FOODS INC	$75.65	1.60%	—	—	$2.6M	0.29%	—	HELD
97	AGG	ISHARES TR	$98.17	-0.50%	—	—	$2.6M	0.29%	+3,487	+15.5%
98	SCCO	SOUTHERN COPPER CORP	$172.97	-10.88%	—	—	$2.5M	0.27%	−2,029	−12.4%
99	LNG	CHENIERE ENERGY INC	$238.82	-0.93%	—	—	$2.4M	0.27%	−13,645	−61.6%
100	TSM	TAIWAN SEMICONDUCTOR MANUFAC	$415.17	-6.69%	—	—	$2.4M	0.27%	−224	−3.1%
101	MPC	MARATHON PETE CORP	—	—	—	—	$2.4M	0.27%	+1,109	+12.7%
102	SLVM	SYLVAMO CORP	—	—	—	—	$2.4M	0.27%	—	HELD
103	INSW	INTERNATIONAL SEAWAYS INC	—	—	—	—	$2.4M	0.26%	+17,300	+113.6%
104	PM	PHILIP MORRIS INTL INC	—	—	—	—	$2.4M	0.26%	−34	−0.2%
105	SIGA	SIGA TECHNOLOGIES INC	—	—	—	—	$2.3M	0.26%	+75,087	+20.8%
106	OTF	BLUE OWL TECHNOLOGY FIN CORP	—	—	—	—	$2.3M	0.26%	+80,162	+74.0%
107	BFS	SAUL CTRS INC	—	—	—	—	$2.3M	0.26%	+23,100	+47.7%
108	FTI	TECHNIPFMC PLC	—	—	—	—	$2.3M	0.26%	+28,493	+596.2%
109	SCSC	SCANSOURCE INC	—	—	—	—	$2.2M	0.25%	−48,538	−44.0%
110	ARDT	ARDENT HEALTH INC	—	—	—	—	$2.1M	0.24%	—	HELD
111	KOP	KOPPERS HOLDINGS INC	—	—	—	—	$2.1M	0.24%	+54,965	NEW
112	CCS	CENTURY COMMUNITIES INC	—	—	—	—	$2.1M	0.24%	+14,718	+66.0%
113	NHC	NATIONAL HEALTHCARE CORP	—	—	—	—	$2.1M	0.23%	+13,100	NEW
114	NVS	NOVARTIS AG	—	—	—	—	$2.1M	0.23%	−5	−0.0%
115	DLX	DELUXE CORP MEDIUM TERM NTS	—	—	—	—	$2.0M	0.23%	+50,200	+210.0%
116	V	VISA INC	—	—	—	—	$2.0M	0.22%	−28	−0.4%
117	MCD	MCDONALDS CORP	—	—	—	—	$1.9M	0.22%	−28	−0.4%
118	TTAM	TITAN AMER SA	—	—	—	—	$1.9M	0.21%	+128,175	NEW
119	GHC	GRAHAM HLDGS CO	—	—	—	—	$1.9M	0.21%	—	HELD
120	WELL	WELLTOWER INC	—	—	—	—	$1.8M	0.21%	−31	−0.3%
121	GIC	GLOBAL INDUSTRIAL COMPANY	—	—	—	—	$1.8M	0.20%	−27,600	−32.4%
122	HOV	HOVNANIAN ENTERPRISES INC	—	—	—	—	$1.8M	0.20%	+11	+0.1%
123	RES	RPC INC	—	—	—	—	$1.8M	0.20%	—	HELD
124	GCT	GIGACLOUD TECHNOLOGY INC	—	—	—	—	$1.7M	0.19%	+18	+0.0%
125	GOOGL	ALPHABET INC	—	—	—	—	$1.7M	0.19%	+1,500	+33.3%
126	HRMY	HARMONY BIOSCIENCES HLDGS IN	—	—	—	—	$1.7M	0.19%	−37,928	−38.8%
127	CSWC	CAPITAL SOUTHWEST CORP	—	—	—	—	$1.7M	0.19%	−437	−0.6%
128	FSK	FS KKR CAP CORP	—	—	—	—	$1.7M	0.19%	−44,442	−21.3%
129	PBI	PITNEY BOWES INC	—	—	—	—	$1.7M	0.18%	—	HELD
130	VZ	VERIZON COMMUNICATIONS INC	—	—	—	—	$1.7M	0.18%	−7,318	−18.2%
131	RBCAA	REPUBLIC BANCORP INC KY	—	—	—	—	$1.6M	0.18%	−4,400	−16.1%
132	GSK	GSK PLC	—	—	—	—	$1.6M	0.18%	+1,440	+5.2%
133	STT	STATE STR CORP	—	—	—	—	$1.6M	0.18%	−200	−1.6%
134	MKL	MARKEL GROUP INC	—	—	—	—	$1.6M	0.18%	+230	+38.2%
135	CF	CF INDUSTRIES HOLD	—	—	—	—	$1.6M	0.17%	+1,102	+10.0%
136	AMAT	APPLIED MATLS INC	—	—	—	—	$1.6M	0.17%	−33	−0.7%
137	BG	BUNGE GLOBAL SA	—	—	—	—	$1.5M	0.17%	+6,921	+132.8%
138	BTU	PEABODY ENGR CORP	—	—	—	—	$1.5M	0.17%	−16,228	−25.8%
139	FBRT	FRANKLIN BSP RLTY TR INC	—	—	—	—	$1.5M	0.17%	+180,800	NEW
140	AMCX	AMC NETWORKS INC	—	—	—	—	$1.5M	0.17%	—	HELD
141	RLJ	RLJ LODGING TR	—	—	—	—	$1.5M	0.16%	—	HELD
142	SYF	SYNCHRONY FINANCIAL	—	—	—	—	$1.5M	0.16%	+3,802	+21.3%
143	MCK	MCKESSON CORP	—	—	—	—	$1.5M	0.16%	−5	−0.3%
144	BWXT	BWX TECHNOLOGIES INC	—	—	—	—	$1.4M	0.16%	−7	−0.1%
145	AZN	ASTRAZENECA PLC	—	—	—	—	$1.4M	0.16%	+7,319	NEW
146	IBEX	IBEX LTD	—	—	—	—	$1.4M	0.16%	−40,875	−43.7%
147	MBC	MASTERBRAND INC	—	—	—	—	$1.4M	0.16%	—	HELD
148	PEG	PUBLIC SVC ENTERPRISE GROUP	—	—	—	—	$1.4M	0.15%	−1,700	−9.0%
149	PHM	PULTE GROUP INC	—	—	—	—	$1.4M	0.15%	−297	−2.4%
150	PSX	PHILLIPS 66	—	—	—	—	$1.3M	0.15%	+5,502	+289.6%
151	FPI	FARMLAND PARTNERS INC	—	—	—	—	$1.3M	0.14%	−13	−0.0%
152	ARW	ARROW ELECTRS INC	—	—	—	—	$1.3M	0.14%	+1,580	+21.1%
153	OHI	OMEGA HEALTHCARE INVS INC	—	—	—	—	$1.3M	0.14%	−26	−0.1%
154	FLOC	FLOWCO HLDGS INC	—	—	—	—	$1.3M	0.14%	+62,933	NEW
155	CHTR	CHARTER COMMUNICATIONS INC	—	—	—	—	$1.3M	0.14%	+3,106	+110.6%
156	CINF	CINCINNATI FINL CORP	—	—	—	—	$1.3M	0.14%	+100	+1.3%
157	ANET	ARISTA NETWORKS INC	—	—	—	—	$1.3M	0.14%	−76	−0.7%
158	SLRC	SLR INVESTMENT CORP	—	—	—	—	$1.2M	0.14%	−1,361	−1.5%
159	TRIN	TRINITY CAP INC	—	—	—	—	$1.2M	0.14%	−2,589	−3.0%
160	CCAP	CRESCENT CAP BDC INC	—	—	—	—	$1.2M	0.14%	+842	+0.8%
161	VCLT	VANGUARD SCOTTSDALE FDS	—	—	—	—	$1.2M	0.14%	+2,183	+15.3%
162	REX	REX AMERICAN RES CORP	—	—	—	—	$1.2M	0.14%	+26,861	NEW
163	NUE	NUCOR CORP	—	—	—	—	$1.2M	0.14%	+700	+10.7%
164	VLO	VALERO ENERGY CORP	—	—	—	—	$1.2M	0.13%	−4,114	−46.1%
165	KODK	EASTMAN KODAK CO	—	—	—	—	$1.2M	0.13%	+107	+0.1%
166	EOG	EOG RES INC	—	—	—	—	$1.2M	0.13%	+500	+6.7%
167	AAT	AMERICAN ASSETS TR INC	—	—	—	—	$1.2M	0.13%	—	HELD
168	GLPI	GAMING & LEISURE P	—	—	—	—	$1.2M	0.13%	+159	+0.6%
169	ADM	ARCHER DANIELS MIDLAND CO	—	—	—	—	$1.2M	0.13%	+4,412	+38.6%
170	PAG	PENSKE AUTOMOTIVE GRP INC	—	—	—	—	$1.1M	0.12%	+1,310	+21.6%
171	AVT	AVNET INC	—	—	—	—	$1.1M	0.12%	−4,651	−20.7%
172	OCSL	OAKTREE SPECIALTY LENDING	—	—	—	—	$1.1M	0.12%	−781	−0.8%
173	SNA	SNAP ON INC	—	—	—	—	$1.1M	0.12%	—	HELD
174	BAC	BANK AMERICA CORP	—	—	—	—	$1.1M	0.12%	+2,300	+11.9%
175	SHEL	SHELL PLC	—	—	—	—	$1.0M	0.11%	−74	−0.7%
176	COPX	GLOBAL X FDS	—	—	—	—	$998K	0.11%	+45	+0.3%
177	GSBD	GOLDMAN SACHS BDC INC	—	—	—	—	$992K	0.11%	−67	−0.1%
178	CENTA	CENTRAL GARDEN & PET CO	—	—	—	—	$989K	0.11%	−100	−0.3%
179	VICI	VICI PPTYS INC	—	—	—	—	$983K	0.11%	−14,589	−28.9%
180	CB	CHUBB LTD SWITZ	—	—	—	—	$978K	0.11%	—	HELD
181	APTV	APTIV PLC	—	—	—	—	$975K	0.11%	+1,313	+10.3%
182	PG	PROCTER & GAMBLE CO	—	—	—	—	$966K	0.11%	+92	+1.4%
183	IRM	IRON MTN INC DEL	—	—	—	—	$956K	0.11%	+37	+0.4%
184	CMCSA	COMCAST CORP NEW	—	—	—	—	$950K	0.11%	−2,000	−5.7%
185	ORLY	OREILLY AUTOMOTIVE INC	—	—	—	—	$950K	0.11%	+10	+0.1%
186	CTSH	COGNIZANT TECHNOLOGY SOLUTIO	—	—	—	—	$934K	0.10%	−705	−4.4%
187	RNR	RENAISSANCERE HLDGS LTD	—	—	—	—	$927K	0.10%	+5	+0.2%
188	BN	BROOKFIELD CORP	—	—	—	—	$926K	0.10%	—	HELD
189	AFL	AFLAC INC	—	—	—	—	$922K	0.10%	+498	+6.3%
190	PNC	PNC FINL SVCS GROUP INC	—	—	—	—	$916K	0.10%	−400	−8.3%
191	BP	BP PLC	—	—	—	—	$908K	0.10%	−65	−0.3%
192	UTHR	UNITED THERAPEUTICS CORP DEL	—	—	—	—	$891K	0.10%	−200	−11.8%
193	PAHC	PHIBRO ANIMAL HEALTH CORP	—	—	—	—	$882K	0.10%	+15,949	NEW
194	MTB	M & T BK CORP	—	—	—	—	$872K	0.10%	—	HELD
195	DVA	DAVITA INC	—	—	—	—	$867K	0.10%	+1,404	+33.1%
196	HCA	HCA HEALTHCARE INC	—	—	—	—	$852K	0.09%	+200	+12.5%
197	STLD	STEEL DYNAMICS INC	—	—	—	—	$849K	0.09%	−300	−6.0%
198	PCAR	PACCAR INC	—	—	—	—	$849K	0.09%	−1,000	−12.0%
199	HPQ	HP INC	—	—	—	—	$848K	0.09%	+9,400	+27.0%
200	PLUS	EPLUS INC	—	—	—	—	$843K	0.09%	+11,200	NEW
201	TXT	TEXTRON INC	—	—	—	—	$833K	0.09%	+5,803	+156.4%
202	URI	UNITED RENTALS INC	—	—	—	—	$829K	0.09%	−7	−0.6%
203	GM	GENERAL MTRS CO	—	—	—	—	$827K	0.09%	−1,500	−11.9%
204	SBH	SALLY BEAUTY HLDGS INC	—	—	—	—	$810K	0.09%	—	HELD
205	MSDL	MORGAN STANLEY DIRECT LENDIN	—	—	—	—	$806K	0.09%	−36	−0.1%
206	PFBC	PREFERRED BK LOS ANGELES CA	—	—	—	—	$800K	0.09%	−41,784	−82.6%
207	JNJ	JOHNSON & JOHNSON	—	—	—	—	$798K	0.09%	−17	−0.5%
208	CGBD	CARLYLE SECURED LENDING INC	—	—	—	—	$795K	0.09%	−2,434	−3.2%
209	DLR	DIGITAL RLTY TR INC	—	—	—	—	$775K	0.09%	+13	+0.3%
210	PRU	PRUDENTIAL FINL INC	—	—	—	—	$773K	0.09%	—	HELD
211	BBDC	BARINGS BDC INC	—	—	—	—	$749K	0.08%	−3,053	−3.2%
212	PCG	PG&E CORP	—	—	—	—	$723K	0.08%	+20,600	+100.2%
213	UNP	UNION PAC CORP	—	—	—	—	$708K	0.08%	−18	−0.6%
214	GFS	GLOBALFOUNDRIES INC	—	—	—	—	$690K	0.08%	−1,709	−9.9%
215	SGOV	ISHARES TR	—	—	—	—	$689K	0.08%	−1,495	−17.9%
216	DVN	DEVON ENERGY CORP NEW	—	—	—	—	$689K	0.08%	+2,300	+20.2%
217	L	LOEWS CORP	—	—	—	—	$684K	0.08%	−800	−11.1%
218	KSA	ISHARES TR	—	—	—	—	$676K	0.08%	+4,300	+33.9%
219	MFIC	MIDCAP FINANCIAL INVSTMNT CO	—	—	—	—	$671K	0.07%	−2,031	−3.3%
220	LNC	LINCOLN NATL CORP IND	—	—	—	—	$670K	0.07%	+3,938	+26.4%
221	RING	ISHARES INC	—	—	—	—	$663K	0.07%	−118	−1.4%
222	INDA	ISHARES TR	—	—	—	—	$660K	0.07%	+2,800	+24.8%
223	ACGL	ARCH CAP GROUP LTD	—	—	—	—	$656K	0.07%	−3,216	−32.0%
224	UPS	UNITED PARCEL SVCS INC	—	—	—	—	$649K	0.07%	−400	−5.7%
225	HIG	HARTFORD INSURANCE GROUP INC	—	—	—	—	$609K	0.07%	+1,707	+61.0%
226	DUK	DUKE ENERGY CORP NEW	—	—	—	—	$607K	0.07%	+105	+2.3%
227	NMFC	NEW MTN FIN CORP	—	—	—	—	$604K	0.07%	−943	−1.2%
228	ITW	ILLINOIS TOOL WKS INC	—	—	—	—	$573K	0.06%	−100	−4.3%
229	SYK	STRYKER CORPORATION	—	—	—	—	$572K	0.06%	−4	−0.2%
230	DAL	DELTA AIR LINES INC	—	—	—	—	$546K	0.06%	+1,206	+17.2%
231	DOX	AMDOCS LTD	—	—	—	—	$542K	0.06%	+500	+6.4%
232	TCMD	TACTILE SYS TECHNOLOGY INC	—	—	—	—	$539K	0.06%	+20,616	NEW
233	RS	RELIANCE INC	—	—	—	—	$517K	0.06%	—	HELD
234	ABR	ARBOR REALTY TRUST INC	—	—	—	—	$516K	0.06%	+50,000	+295.9%
235	REPX	RILEY EXPLORATION PERMIAN IN	—	—	—	—	$512K	0.06%	−61,554	−81.4%
236	TOL	TOLL BROTHERS INC	—	—	—	—	$507K	0.06%	+581	+18.6%
237	ALSN	ALLISON TRANSMISSION HLDGS I	—	—	—	—	$495K	0.06%	−11	−0.3%
238	AMP	AMERIPRISE FINL INC	—	—	—	—	$490K	0.05%	+1,102	NEW
239	ALL	ALLSTATE CORP	—	—	—	—	$479K	0.05%	+2,311	NEW
240	BABA	ALIBABA GROUP HLDG LTD	—	—	—	—	$478K	0.05%	+2	+0.1%
241	FOXA	FOX CORP	—	—	—	—	$476K	0.05%	−6,500	−44.4%
242	R	RYDER SYS INC	—	—	—	—	$475K	0.05%	+600	+34.9%
243	SSNC	SS&C TECH HLDGS	—	—	—	—	$473K	0.05%	−700	−9.1%
244	ACI	ALBERTSONS COS INC	—	—	—	—	$458K	0.05%	+13,817	+105.6%
245	BAM	BROOKFIELD ASSET MANAGMT LTD	—	—	—	—	$449K	0.05%	+6,113	+153.3%
246	SNX	TD SYNNEX CORPORATION	—	—	—	—	$440K	0.05%	+100	+4.0%
247	UAL	UNITED AIRLS HLDGS INC	—	—	—	—	$425K	0.05%	−2,000	−30.2%
248	VTOL	BRISTOW GROUP INC	—	—	—	—	$418K	0.05%	−179	−2.0%
249	WSR	WHITESTONE REIT	—	—	—	—	$415K	0.05%	−13	−0.1%
250	BHP	BHP BILLITON LIMITED	—	—	—	—	$412K	0.05%	+5	+0.1%
251	DELL	DELL TECHNOLOGIES INC	—	—	—	—	$410K	0.05%	—	HELD
252	OVV	OVINTIV INC	—	—	—	—	$405K	0.05%	−17,620	−72.1%
253	CI	THE CIGNA GROUP	—	—	—	—	$400K	0.04%	+1,500	NEW
254	VTIP	VANGUARD MALVERN FDS	—	—	—	—	$398K	0.04%	−11,138	−58.3%
255	UHS	UNIVERSAL HLTH SVCS INC	—	—	—	—	$396K	0.04%	+5	+0.2%
256	SFD	SMITHFIELD FOODS INC	—	—	—	—	$392K	0.04%	+14,025	NEW
257	ACEL	ACCEL ENTERTAINMENT INC	—	—	—	—	$388K	0.04%	+10,500	+41.8%
258	REGN	REGENERON PHARMACEUTICALS	—	—	—	—	$386K	0.04%	+100	+25.0%
259	GLAD	GLADSTONE CAP CORP	—	—	—	—	$381K	0.04%	−1,414	−6.0%
260	PFLT	PENNANTPARK FLOATING RATE CA	—	—	—	—	$378K	0.04%	−1,513	−3.1%
261	UNM	UNUM GROUP	—	—	—	—	$374K	0.04%	—	HELD
262	TROW	PRICE T ROWE GROUP INC	—	—	—	—	$371K	0.04%	—	HELD
263	GEHC	GE HEALTHCARE TECHNOLOGIES I	—	—	—	—	$363K	0.04%	−1,100	−17.7%
264	FN	FABRINET	—	—	—	—	$349K	0.04%	+9	+1.4%
265	BANF	BANCFIRST CORP	—	—	—	—	$336K	0.04%	—	HELD
266	AGI	ALAMOS GOLD INC	—	—	—	—	$333K	0.04%	+7,500	NEW
267	IHG	INTERCONTINENTAL HOTELS GROU	—	—	—	—	$323K	0.04%	+5	+0.2%
268	GFI	GOLD FIELDS LTD	—	—	—	—	$322K	0.04%	+21	+0.3%
269	CRUS	CIRRUS LOGIC INC	—	—	—	—	$318K	0.04%	−2,005	−47.7%
270	PNNT	PENNANTPARK INVT CORP	—	—	—	—	$318K	0.04%	−2	−0.0%
271	HON	HONEYWELL INTL INC	—	—	—	—	$312K	0.03%	−7	−0.5%
272	GPK	GRAPHIC PACKAGING HLDG CO	—	—	—	—	$312K	0.03%	+31,399	NEW
273	APA	APA CORPORATION	—	—	—	—	$310K	0.03%	+7,306	NEW
274	GD	GENERAL DYNAMICS CORP	—	—	—	—	$309K	0.03%	—	HELD
275	STM	STMICROELECTRONICS N V	—	—	—	—	$307K	0.03%	+192	+2.2%
276	BCSF	BAIN CAP SPECIALTY FIN INC	—	—	—	—	$298K	0.03%	−1,468	−5.8%
277	MUFG	MITSUBISHI UFJ FINANCIAL GRO	—	—	—	—	$295K	0.03%	−182	−1.0%
278	CLS	CELESTICA INC	—	—	—	—	$294K	0.03%	+5	+0.5%
279	PAGS	PAGSEGURO DIGITAL LTD	—	—	—	—	$292K	0.03%	—	HELD
280	PEP	PEPSICO INC	—	—	—	—	$292K	0.03%	+28	+1.5%
281	OFG	OFG BANCORP	—	—	—	—	$291K	0.03%	+7,200	NEW
282	FDX	FEDEX CORP	—	—	—	—	$285K	0.03%	+800	NEW
283	FCNCA	FIRST CTZNS BANCSHARES INC D	—	—	—	—	$283K	0.03%	−50	−25.0%
284	PRDO	PERDOCEO ED CORP	—	—	—	—	$276K	0.03%	−43,277	−85.4%
285	PVH	PVH CORPORATION	—	—	—	—	$274K	0.03%	+30	+0.8%
286	INGR	INGREDION INC	—	—	—	—	$261K	0.03%	+2,317	NEW
287	EMN	EASTMAN CHEM CO	—	—	—	—	$260K	0.03%	+3,410	NEW
288	E	ENI SPA	—	—	—	—	$255K	0.03%	+4,502	NEW
289	HMY	HARMONY GOLD MNG LTD	—	—	—	—	$245K	0.03%	+918	+6.1%
290	INGM	INGRAM MICRO HLDG CORP	—	—	—	—	$239K	0.03%	+113	+1.1%
291	OSK	OSHKOSH CORP	—	—	—	—	$236K	0.03%	+1,605	NEW
292	BCC	BOISE CASCADE CO DEL	—	—	—	—	$235K	0.03%	—	HELD
293	CNA	CNA FINL CORP	—	—	—	—	$235K	0.03%	−911	−15.1%
294	LEA	LEAR CORP	—	—	—	—	$231K	0.03%	—	HELD
295	LAD	LITHIA MTRS INC	—	—	—	—	$228K	0.03%	+10	+1.1%
296	BK	BANK NEW YORK MELLON CORP	—	—	—	—	$225K	0.03%	—	HELD
297	BCS	BARCLAYS PLC	—	—	—	—	$225K	0.03%	−6,022	−36.1%
298	PSEC	PROSPECT CAP CORP	—	—	—	—	$221K	0.02%	−750	−0.9%
299	TTE	TOTALENERGIES SE	—	—	—	—	$211K	0.02%	+2,321	NEW
300	RDN	RADIAN GROUP INC	—	—	—	—	$208K	0.02%	+6,300	NEW
301	BAP	CREDICORP LTD	—	—	—	—	$208K	0.02%	+612	NEW
302	SSD	SIMPSON MFG INC	—	—	—	—	$207K	0.02%	+1,205	NEW
303	BLDR	BUILDERS FIRSTSOURCE INC	—	—	—	—	$207K	0.02%	+400	+18.9%
304	PLPC	PREFORMED LINE PRODS CO	—	—	—	—	$203K	0.02%	+748	NEW
305	EVR	EVERCORE INC	—	—	—	—	$200K	0.02%	+2	+0.3%
306	SXC	SUNCOKE ENERGY INC	—	—	—	—	$144K	0.02%	+3,500	+18.8%
307	QAT	ISHARES TR	—	—	—	—	$123K	0.01%	+700	+11.9%
308	CEG	CONSTELLATION ENERGY CORP	—	—	—	—	—	—	−12,750	EXITED
309	DNOW	DNOW INC	—	—	—	—	—	—	−238,645	EXITED
310	HPK	HIGHPEAK ENERGY INC	—	—	—	—	—	—	−617,628	EXITED
311	HRTG	HERITAGE INSURANCE HLDGS INC	—	—	—	—	—	—	−85,115	EXITED
312	WSFS	WSFS FINL CORP	—	—	—	—	—	—	−43,900	EXITED
313	BZH	BEAZER HOMES USA INC	—	—	—	—	—	—	−84,210	EXITED
314	TEX	TEREX CORP NEW	—	—	—	—	—	—	−31,353	EXITED
315	VAL	VALARIS LTD	—	—	—	—	—	—	−32,097	EXITED
316	INVA	INNOVIVA INC	—	—	—	—	—	—	−77,200	EXITED
317	AZNN	ASTRAZENECA PLC	—	—	—	—	—	—	−13,999	EXITED
318	EFC	ELLINGTON FINANCIAL INC	—	—	—	—	—	—	−88,133	EXITED
319	XOM	EXXON MOBIL CORP	—	—	—	—	—	—	−9,800	EXITED
320	KKR	KKR & CO INC	—	—	—	—	—	—	−8,964	EXITED
321	TCBK	TRICO BANCSHARES	—	—	—	—	—	—	−23,600	EXITED
322	ATLC	ATLANTICUS HOLDINGS CORP	—	—	—	—	—	—	−15,222	EXITED
323	MOV	MOVADO GROUP INC	—	—	—	—	—	—	−46,566	EXITED
324	WABC	WESTAMERICA BANCORPORATION	—	—	—	—	—	—	−17,800	EXITED
325	ADEA	ADEIA INC	—	—	—	—	—	—	−48,300	EXITED
326	SAP	SAP SE	—	—	—	—	—	—	−3,088	EXITED
327	ULH	UNIVERSAL LOGISTICS HLDGS IN	—	—	—	—	—	—	−49,224	EXITED
328	NVR	NVR INC	—	—	—	—	—	—	−100	EXITED
329	EXEL	EXELIXIS INC	—	—	—	—	—	—	−16,222	EXITED
330	VAC	MARRIOTT VACATIONS WORLDWIDE	—	—	—	—	—	—	−12,300	EXITED
331	DDS	DILLARDS INC	—	—	—	—	—	—	−1,116	EXITED
332	THR	THERMON GROUP HLDGS INC	—	—	—	—	—	—	−17,157	EXITED
333	INTU	INTUIT	—	—	—	—	—	—	−927	EXITED
334	NOW	SERVICENOW INC	—	—	—	—	—	—	−3,615	EXITED
335	PBF	PBF ENERGY INC	—	—	—	—	—	—	−20,019	EXITED
336	EXPD	EXPEDITORS INTL WASH INC	—	—	—	—	—	—	−3,106	EXITED
337	ED	CONSOLIDATED EDISON INC	—	—	—	—	—	—	−4,606	EXITED
338	CNXC	CONCENTRIX CORP	—	—	—	—	—	—	−10,343	EXITED
339	TCOM	TRIP COM GROUP LTD	—	—	—	—	—	—	−5,805	EXITED
340	BIZD	VANECK ETF TRUST	—	—	—	—	—	—	−28,158	EXITED
341	UE	URBAN EDGE PPTYS	—	—	—	—	—	—	−18,900	EXITED
342	EXC	EXELON CORP	—	—	—	—	—	—	−8,000	EXITED
343	MTH	MERITAGE HOMES CORP	—	—	—	—	—	—	−5,022	EXITED
344	D	DOMINION ENERGY INC	—	—	—	—	—	—	−5,600	EXITED
345	VYM	VANGUARD WHITEHALL FDS	—	—	—	—	—	—	−2,103	EXITED
346	FITB	FIFTH THIRD BANCORP	—	—	—	—	—	—	−6,339	EXITED
347	EWBC	EAST WEST BANCORP INC	—	—	—	—	—	—	−2,412	EXITED
348	GMED	GLOBUS MED INC	—	—	—	—	—	—	−2,606	EXITED
349	GOLD	GOLD COM INC	—	—	—	—	—	—	−6,600	EXITED
350	AN	AUTONATION INC	—	—	—	—	—	—	−1,031	EXITED
351	AIG	AMERICAN INTL GROUP INC	—	—	—	—	—	—	−2,400	EXITED
352	DASH	DOORDASH INC	—	—	—	—	—	—	−885	EXITED

Source: SEC EDGAR · accession 0001398344-26-008814. 13F discloses long positions only — shorts, foreign equities, and options are excluded.