DENALI ADVISORS LLC — 13F Holdings & Portfolio
CIK 1142941 · latest 13F-HR filed 2026-08-10
DENALI ADVISORS LLC manages $993.0M in 13F-reported U.S. long-equity assets across 318 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are NVDA (4.42%), GOOG (3.77%), AAPL (2.95%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 40 new positions, exited 29, added to 123, and trimmed 97.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
SUITE 120
SAN DIEGO, CA 92122
$993.0M
Long-equity book
318
Distinct positions
2026-06-30
Filed 2026-08-10
+40 / −29 / ↑123 / ↓97
vs 2026-03-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- ALPHABET INC$11.0M +41.5%
- APPLIED MATLS INC$9.0M +581.2%
- RILEY EXPLORATION PERMIAN IN$7.0M +1368.7%
- ELI LILLY & CO$6.9M +81.3%
- FLEX LTD$6.3M +142.7%
Top Trims
- MICROSOFT CORP-$4.4M -17.1%
- 1ST FINL BANCORP-$4.3M -54.3%
- INGLES MKTS INC-$4.2M -48.8%
- PALANTIR TECHNOLOGIES INC-$3.9M -49.1%
- AT&T INC-$3.8M -37.2%
New Positions
- ADVANCED MICRO DEVICES INC$10.7M
- LAM RESEARCH CORP$8.7M
- MICRON TECHNOLOGY INC$7.4M
- STONEX GROUP INC$5.6M
- SONIC AUTOMOTIVE INC$4.8M
Exited Positions
- NORTHERN OIL & GAS INC$8.3M
- S & T BANCORP INC$6.3M
- SM ENERGY COMPANY$6.3M
- ROBINHOOD MKTS INC$4.6M
- SELECT MED HLDGS CORP$4.3M
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | NVIDIA CORPORATION | NVDA | 67066G104 | $43.9M | 4.42% | 219,391 | SH |
| 2 | ALPHABET INC | GOOG | 02079K107 | $37.4M | 3.77% | 105,988 | SH |
| 3 | APPLE INC | AAPL | 037833100 | $29.3M | 2.95% | 101,322 | SH |
| 4 | MICROSOFT CORP | MSFT | 594918104 | $21.4M | 2.15% | 57,369 | SH |
| 5 | AMAZON COM INC | AMZN | 023135106 | $16.4M | 1.65% | 68,888 | SH |
| 6 | ELI LILLY & CO | LLY | 532457108 | $15.5M | 1.56% | 12,917 | SH |
| 7 | BROADCOM INC | AVGO | 11135F101 | $15.5M | 1.56% | 40,971 | SH |
| 8 | META PLATFORMS INC | META | 30303M102 | $12.8M | 1.29% | 22,697 | SH |
| 9 | CATERPILLAR INC | CAT | 149123101 | $11.8M | 1.18% | 11,035 | SH |
| 10 | ADVANCED MICRO DEVICES INC | AMD | 007903107 | $10.7M | 1.08% | 18,468 | SH |
| 11 | FLEX LTD | FLEX | Y2573F102 | $10.7M | 1.08% | 66,146 | SH |
| 12 | APPLIED MATLS INC | AMAT | 038222105 | $10.6M | 1.07% | 14,650 | SH |
| 13 | M/I HOMES INC | MHO | 55305B101 | $9.9M | 0.99% | 61,445 | SH |
| 14 | WALMART INC | WMT | 931142103 | $9.4M | 0.95% | 83,102 | SH |
| 15 | CARDINAL HEALTH INC | CAH | 14149Y108 | $9.4M | 0.94% | 39,366 | SH |
| 16 | TESLA INC | TSLA | 88160R101 | $9.3M | 0.93% | 22,027 | SH |
| 17 | FORESTAR GROUP INC | FOR | 346232101 | $9.3M | 0.93% | 292,662 | SH |
| 18 | ENTERPRISE FINL SVCS CORP | EFSC | 293712105 | $8.9M | 0.90% | 135,100 | SH |
| 19 | CONSENSUS CLOUD SOLUTIONS IN | CCSI | 20848V105 | $8.8M | 0.89% | 230,924 | SH |
| 20 | WILLIS LEASE FIN CORP | WLFC | 970646105 | $8.8M | 0.89% | 38,450 | SH |
| 21 | MERCHANTS BANCORP IND | MBIN | 58844R108 | $8.7M | 0.88% | 174,576 | SH |
| 22 | LAM RESEARCH CORP | LRCX | 512807306 | $8.7M | 0.88% | 20,139 | SH |
| 23 | GREEN BRICK PARTNERS INC | GRBK | 392709101 | $8.7M | 0.88% | 108,874 | SH |
| 24 | CATHAY GEN BANCORP | CATY | 149150104 | $8.7M | 0.88% | 140,297 | SH |
| 25 | MERCURY GENL CORP NEW | MCY | 589400100 | $8.7M | 0.88% | 81,535 | SH |
| 26 | FIRST MERCHANTS CORP | FRME | 320817109 | $8.5M | 0.86% | 194,500 | SH |
| 27 | ALTRIA GROUP INC | MO | 02209S103 | $8.4M | 0.85% | 117,440 | SH |
| 28 | BANK OF N T BUTTERFIELD & SO | NTB | G0772R208 | $8.3M | 0.84% | 139,869 | SH |
| 29 | INTERNATIONAL BANCSHARES COR | IBOC | 459044103 | $8.2M | 0.83% | 108,480 | SH |
| 30 | GREIF INC | GEF | 397624107 | $8.2M | 0.82% | 109,851 | SH |
| 31 | NMI HLDGS INC | NMIH | 629209305 | $8.1M | 0.82% | 198,100 | SH |
| 32 | HAMILTON INSURANCE GROUP LTD | HG | G42706104 | $8.1M | 0.82% | 239,500 | SH |
| 33 | ENACT HLDGS INC | ACT | 29249E109 | $7.9M | 0.80% | 172,988 | SH |
| 34 | CABOT CORP | CBT | 127055101 | $7.9M | 0.79% | 86,707 | SH |
| 35 | OTTER TAIL CORP | OTTR | 689648103 | $7.7M | 0.77% | 85,102 | SH |
| 36 | ASBURY AUTOMOTIVE GROUP INC | ABG | 043436104 | $7.6M | 0.77% | 37,922 | SH |
| 37 | AMPHASTAR PHARMACEUTICALS IN | AMPH | 03209R103 | $7.6M | 0.76% | 375,965 | SH |
| 38 | F&G ANNUITIES & LIFE INC | FG | 30190A104 | $7.6M | 0.76% | 284,700 | SH |
| 39 | COSTCO WHOLESALE CORPORATION | COST | 22160K105 | $7.5M | 0.76% | 8,050 | SH |
| 40 | RILEY EXPLORATION PERMIAN IN | REPX | 76665T102 | $7.5M | 0.76% | 228,051 | SH |
| 41 | NETFLIX INC. | NFLX | 64110L106 | $7.4M | 0.74% | 103,210 | SH |
| 42 | MICRON TECHNOLOGY INC | MU | 595112103 | $7.4M | 0.74% | 6,380 | SH |
| 43 | PC CONNECTION INC | CNXN | 69318J100 | $7.2M | 0.73% | 99,200 | SH |
| 44 | PALO ALTO NETWORKS INC | PANW | 697435105 | $7.2M | 0.73% | 21,135 | SH |
| 45 | BYLINE BANCORP INC | BY | 124411109 | $7.0M | 0.70% | 185,516 | SH |
| 46 | NATIONAL BEVERAGE CORP | FIZZ | 635017106 | $7.0M | 0.70% | 223,100 | SH |
| 47 | 1ST SOURCE CORP | SRCE | 336901103 | $6.6M | 0.66% | 80,900 | SH |
| 48 | ARES CAPITAL CORP | ARCC | 04010L103 | $6.6M | 0.66% | 354,445 | SH |
| 49 | INTERNATIONAL SEAWAYS INC | INSW | Y41053102 | $6.5M | 0.65% | 84,681 | SH |
| 50 | AT&T INC | T | 00206R102 | $6.5M | 0.65% | 312,618 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-10 | $993.0M | 318 | 0001398344-26-013946 |
| 2026-03-31 | 2026-05-08 | $899.7M | 307 | 0001398344-26-008814 |
| 2025-12-31 | 2026-02-03 | $901.0M | 321 | 0001398344-26-002053 |