AEGIS FINANCIAL CORP
13F Reported Value
ⓘ$580.5M
Holdings
37
Latest Filing
2026-03-31
Filing Quarter
Q1 2026
Portfolio Overview
AEGIS FINANCIAL CORP disclosed 37 positions worth $580.5M in its Form 13F-HR for Q1 2026, led by $CVE (CENOVUS ENERGY INC.) at 15.8% of the equity portfolio, followed by $EQX and $PDS. During the quarter the fund opened 5 new positions and exited 1 — including a new stake in $HOG and a full exit from $ZEUS. The portfolio is most concentrated in Energy (45.1% of disclosed assets). All figures are sourced directly from AEGIS FINANCIAL CORP’s Form 13F-HR filing with the SEC under CIK 1140753.
AI Fund Analysis
DiversifyingSector Allocation
AUM History
Top Equity Holdings by Value
Quarterly Activity — Q1 2026
Click any card to unlockTop Holdings
- —
Quality
$91.6M3,451,821 sh - —
Quality
$55.9M3,880,964 sh - —
Quality
$49.5M504,059 sh - —
Quality
$35.2M2,560,428 sh - 42.1
Quality
$29.5M620,289 sh - 50.4
Quality
$29.5M1,814,026 sh - 45.5
Quality
$29.5M1,209,629 sh - 55.0
Quality
$27.7M1,369,000 sh - 43.2
Quality
$25.1M1,116,978 sh - 64.6
Quality
$23.1M276,529 sh
| Company | Quality | Value | Shares |
|---|---|---|---|
 CENOVUS ENERGY INC.$CVE | — | $91.6M | 3,451,821 |
 Equinox Gold Corp.$EQX | — | $55.9M | 3,880,964 |
 PRECISION DRILLING Corp$PDS | — | $49.5M | 504,059 |
 VERMILION ENERGY INC.$VET | — | $35.2M | 2,560,428 |
 PBF Energy Inc.$PBF | 42.1 | $29.5M | 620,289 |
 HALLADOR ENERGY CO$HNRG | 50.4 | $29.5M | 1,814,026 |
 AdvanSix Inc.$ASIX | 45.5 | $29.5M | 1,209,629 |
 HARLEY-DAVIDSON, INC.$HOG | 55.0 | $27.7M | 1,369,000 |
 Ryerson Holding Corp$RYZ | 43.2 | $25.1M | 1,116,978 |
 TIDEWATER INC$TDW | 64.6 | $23.1M | 276,529 |
Unlock AI quality scores for every holding
32-signal composite ranking on each of AEGIS FINANCIAL CORP's 37 positions.
Showing top 10 of 37 holdings.
Sector Allocation
Energy
$261.7M
Materials
$146.5M
Industrials
$63.9M
Consumer Discretionary
$32.6M
Utilities
$29.5M
Financials
$23.7M
Real Estate
$20.2M
Consumer Staples
$2.4M
Full Holdings — AEGIS FINANCIAL CORP (Q1 2026)
All 37 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.
| # | Ticker | Company | Value | Weight | QoQ | Quality |
|---|---|---|---|---|---|---|
| 1 | $CVE | CENOVUS ENERGY INC. | $91.6M | 15.8% | -0% | — |
| 2 | $EQX | Equinox Gold Corp. | $55.9M | 9.6% | -13% | — |
| 3 | $PDS | PRECISION DRILLING Corp | $49.5M | 8.5% | +0% | — |
| 4 | $VET | VERMILION ENERGY INC. | $35.2M | 6.1% | +94% | — |
| 5 | $PBF | PBF Energy Inc. | $29.5M | 5.1% | +0% | 42.1 |
| 6 | $HNRG | HALLADOR ENERGY CO | $29.5M | 5.1% | +0% | 50.4 |
| 7 | $ASIX | AdvanSix Inc. | $29.5M | 5.1% | +0% | 45.5 |
| 8 | $HOG | HARLEY-DAVIDSON, INC. | $27.7M | 4.8% | NEW | 55 |
| 9 | $RYZ | Ryerson Holding Corp | $25.1M | 4.3% | +58% | 43.2 |
| 10 | $TDW | TIDEWATER INC | $23.1M | 4.0% | +0% | 64.6 |
| 11 |  $NGS | NATURAL GAS SERVICES GROUP INC | $22.2M | 3.8% | -13% | 58.1 |
| 12 |  $MOS | MOSAIC CO | $21.8M | 3.8% | +0% | 54.3 |
| 13 |  $SM | SM Energy Co | $17.2M | 3.0% | NEW | 66.6 |
| 14 |  $GAU | Galiano Gold Inc. | $16.0M | 2.8% | +0% | — |
| 15 |  $RLJ | RLJ Lodging Trust | $14.8M | 2.6% | +57% | 45.7 |
| 16 |  $NOA | North American Construction Group Ltd. | $14.0M | 2.4% | +0% | — |
| 17 |  $EGO | ELDORADO GOLD CORP /FI | $13.3M | 2.3% | +0% | — |
| 18 |  $EFXT | Enerflex Ltd. | $11.5M | 2.0% | +0% | — |
| 19 |  $RDN | RADIAN GROUP INC | $9.8M | 1.7% | NEW | 57.6 |
| 20 |  $BSET | BASSETT FURNITURE INDUSTRIES INC | $7.5M | 1.3% | +5% | 39.9 |
| 21 |  $ASTL | Algoma Steel Group Inc. | $7.4M | 1.3% | +0% | — |
| 22 |  $INBK | First Internet Bancorp | $7.2M | 1.2% | +42% | — |
| 23 |  $CLDT | Chatham Lodging Trust | $5.3M | 0.9% | +0% | 42.3 |
| 24 |  $GFR | Greenfire Resources Ltd. | $2.6M | 0.5% | +133% | — |
| 25 |  $ACTG | ACACIA RESEARCH CORP | $2.4M | 0.4% | NEW | 48.6 |
| 26 |  $VLGEA | VILLAGE SUPER MARKET INC | $2.4M | 0.4% | +0% | 53.9 |
| 27 |  $IAUX | i-80 Gold Corp. | $1.7M | 0.3% | +0% | — |
| 28 |  $WHG | WESTWOOD HOLDINGS GROUP INC | $1.6M | 0.3% | +0% | 56.3 |
| 29 |  $HNNA | HENNESSY ADVISORS INC | $1.4M | 0.2% | +0% | 48.5 |
| 30 |  $ASC | Ardmore Shipping Corp | $1.4M | 0.2% | +0% | 52.7 |
| 31 |  $SLV | iShares Silver Trust | $602,494 | 0.1% | -50% | — |
| 32 |  $XPL | SOLITARIO RESOURCES CORP. | $518,616 | 0.1% | +0% | — |
| 33 |  $MERC | MERCER INTERNATIONAL INC. | $438,676 | 0.1% | +0% | 29 |
| 34 |  $CEF | Sprott Physical Gold & Silver Trust | $356,659 | 0.1% | +0% | — |
| 35 |  $GLD | SPDR GOLD TRUST | $356,280 | 0.1% | +0% | — |
| 36 |  $WFG | WEST FRASER TIMBER CO., LTD | $204,588 | 0.0% | NEW | — |
| 37 | — | DAKOTA GOLD CORP | $151,500 | 0.0% | +0% | — |
New Positions (5)
Exited Positions (1)
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