Latest DENALI ADVISORS LLC Stock Portfolio

DENALI ADVISORS LLC Performance:

2025 Q4: -7.05%YTD: 0.35%2024: 1.45%

Performance for 2025 Q4 is -7.05%, and YTD is 0.35%, and 2024 is 1.45%.

About DENALI ADVISORS LLC and 13F Hedge Fund Stock Holdings

DENALI ADVISORS LLC is a hedge fund based in San Diego, CA. On 2026-02-03, the fund reported it's updated stock portfolio. In the 13F Holdings report, DENALI ADVISORS LLC reported an equity portfolio of $901 Millions as of 31 Dec, 2025.

The top stock holdings of DENALI ADVISORS LLC are NVDA, MSFT, AAPL. The fund has invested 4.5% of it's portfolio in NVIDIA CORPORATION and 3.7% of portfolio in MICROSOFT CORP.

The fund managers got completely rid off JACKSON FINANCIAL INC (JXN), THOMSON REUTERS CORP and ALPHA METALLURGICAL RESOUR I (AMR) stocks. They significantly reduced their stock positions in WESTAMERICA BANCORPORATION (WABC), PBF ENERGY INC (PBF) and ACCEL ENTERTAINMENT INC (ACEL). DENALI ADVISORS LLC opened new stock positions in CABOT CORP (CBT), SELECT MED HLDGS CORP (SEM) and HERITAGE INSURANCE HLDGS INC (HRTG). The fund showed a lot of confidence in some stocks as they added substantially to NETFLIX INC (NFLX), WILLIS LEASE FIN CORP (WLFC) and ELLINGTON FINANCIAL INC (EFC).

DENALI ADVISORS LLC Annual Return Estimates Vs S&P 500

Our best estimate is that DENALI ADVISORS LLC made a return of -7.05% in the last quarter. In trailing 12 months, it's portfolio return was 0.35%.

Performance
S&P 500

New Buys

Ticker	$ Bought
cabot corp	5,530,540
select med hldgs corp	3,907,040
heritage insurance hldgs inc	2,490,460
wsfs finl corp	2,425,040
worthington stl inc	2,343,770
tecnoglass inc	1,701,970
terex corp new	1,673,620
valaris ltd	1,617,690

New stocks bought by DENALI ADVISORS LLC

Additions

Ticker	% Inc.
netflix inc	899
willis lease fin corp	780
ellington financial inc	679
caterpillar inc	498
servicenow inc	376
m/i homes inc	320
caseys gen stores inc	262
aptiv plc	260

Additions to existing portfolio by DENALI ADVISORS LLC

Reductions

Ticker	% Reduced
westamerica bancorporation	-82.97
pbf energy inc	-80.27
accel entertainment inc	-74.7
bancfirst corp	-71.56
albertsons cos inc	-71.3
international seaways inc	-68.78
peabody energy corp	-56.14
perdoceo ed corp	-54.69

DENALI ADVISORS LLC reduced stake in above stock

Sold off

Ticker	$ Sold
navient corporation	-2,131,620
granite ridge resources inc	-749,826
murphy oil corp	-3,398,940
prog holdings inc	-2,685,880
jackson financial inc	-7,156,960
mrc global inc	-661,878
ennis inc	-592,272
weis mkts inc	-1,997,990

DENALI ADVISORS LLC got rid off the above stocks

Sector Distribution

DENALI ADVISORS LLC has about 21.3% of it's holdings in Technology sector.

Sector	%
Technology	21.3
Financial Services	17.2
Others	17.1
Consumer Cyclical	10.3
Communication Services	8.2
Energy	4.9
Consumer Defensive	4.6
Industrials	4.2
Healthcare	4.2
Real Estate	3.7
Utilities	2.4
Basic Materials	1.8

Market Cap. Distribution

DENALI ADVISORS LLC has about 45.1% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MEGA-CAP	28.7
MID-CAP	19.7
UNALLOCATED	17.7
SMALL-CAP	17.2
LARGE-CAP	16.4

Stocks belong to which Index?

About 74.8% of the stocks held by DENALI ADVISORS LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	39.8
RUSSELL 2000	35
Others	25.2

Top 5 Winners (%)		%
LLY	eli lilly & co	40.7 %
HRMY	harmony biosciences hldgs in	35.0 %
PLAB	photronics inc	32.9 %
KODK	eastman kodak co	32.0 %
GM	general mtrs co	31.0 %

Top 5 Winners ($)		$
GOOG	alphabet inc	5.9 M
PLAB	photronics inc	2.5 M
	costamare inc	2.3 M
LLY	eli lilly & co	2.1 M
AAPL	apple inc	2.0 M

Top 5 Losers (%)		%
NFLX	netflix inc	-86.6 %
NOW	servicenow inc	-75.2 %
SIGA	siga technologies inc	-33.2 %
DFH	dream finders homes inc	-33.0 %
HPK	highpeak energy inc	-32.3 %

Top 5 Losers ($)		$
NFLX	netflix inc	-62.6 M
ORCL	oracle corp	-2.9 M
HOOD	robinhood mkts inc	-2.4 M
MSFT	microsoft corp	-2.4 M
DFH	dream finders homes inc	-2.4 M

DENALI ADVISORS LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of DENALI ADVISORS LLC

DENALI ADVISORS LLC has 321 stocks in it's portfolio. About 23.7% of the portfolio is in top 10 stocks. NFLX proved to be the most loss making stock for the portfolio. GOOG was the most profitable stock for DENALI ADVISORS LLC last quarter.

Last Reported on: 03 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	3.57	118,352	32,175,100	reduced	-0.56

AAT	american assets tr inc	0.13	62,800	1,188,800	unchanged	0.00

ABG	asbury automotive group inc	0.55	21,222	4,934,750	added	164

ABR	arbor realty trust inc	0.01	16,900	131,144	reduced	-29.58

ACEL	accel entertainment inc	0.03	25,100	286,391	reduced	-74.7

ACES	alps etf tr	0.49	94,641	4,450,020	added	0.41

ACGL	arch cap group ltd	0.11	10,050	963,996	added	10.04

ACI	albertsons cos inc	0.03	13,080	224,584	reduced	-71.3

ACWF	ishares tr	0.05	12,700	462,407	added	4.96

ACWF	ishares tr	0.01	5,900	111,028	added	9.26

ADM	archer daniels midland co	0.07	11,418	656,421	reduced	-43.12

AFK	vaneck etf trust	0.04	28,158	399,280	new

AFL	aflac inc	0.10	7,902	871,354	reduced	-9.28

AGNG	global x fds	0.10	13,021	934,777	added	0.16

AIB	midcap financial invstmnt co	0.08	61,762	706,557	reduced	-17.02

AIG	american intl group inc	0.02	2,400	205,320	reduced	-48.94

ALSN	allison transmission hldgs i	0.05	4,240	415,096	new

ALX	alexanders inc	0.72	29,900	6,516,410	unchanged	0.00

AMAT	applied matls inc	0.13	4,582	1,177,600	added	0.75

AMCX	amc networks inc	0.23	219,400	2,088,690	reduced	-0.45