Azarias Capital Management, L.P.
13F Reported Value
ⓘ$229.8M
Holdings
23
Latest Filing
2026-06-30
Filing Quarter
Q2 2026
Portfolio Overview
Azarias Capital Management, L.P. disclosed 23 positions worth $229.8M in its Form 13F-HR for Q2 2026, led by $SPY (SPDR S&P 500 ETF TRUST) at 34.6% of the equity portfolio, followed by $URG and $DNN. During the quarter the fund opened 1 new position and exited 2 — including a new stake in $MOH and a full exit from $AVT. The portfolio is most concentrated in Other (34.6% of disclosed assets). All figures are sourced directly from Azarias Capital Management, L.P.’s Form 13F-HR filing with the SEC under CIK 1625279.
AI Fund Analysis
StableSector Allocation
AUM History
Top Equity Holdings by Value
Quarterly Activity — Q2 2026
Click any card to unlockTop Holdings
- —
Quality
$79.5M106,461 sh - 24.1#2,593
Quality
$18.0M13,199,479 sh - —
Quality
$13.0M4,238,742 sh - 47.4
Quality
$9.2M673,692 sh - 42.6
Quality
$9.0M266,146 sh - —
Quality
$8.0M211,301 sh - 64.3
Quality
$7.9M46,439 sh - 36.7
Quality
$7.8M419,507 sh - 48.8
Quality
$7.0M458,325 sh - 60.5
Quality
$7.0M30,593 sh
| Company | Quality | Value | Shares |
|---|---|---|---|
 SPDR S&P 500 ETF TRUST$SPY | — | $79.5M | 106,461 |
 UR-ENERGY INC$URG | 24.1#2,593 | $18.0M | 13,199,479 |
 DENISON MINES CORP.$DNN | — | $13.0M | 4,238,742 |
 MATRIX SERVICE CO$MTRX | 47.4 | $9.2M | 673,692 |
 ManpowerGroup Inc.$MAN | 42.6 | $9.0M | 266,146 |
 SEADRILL Ltd$SDRL | — | $8.0M | 211,301 |
 GULFPORT ENERGY CORP$GPOR | 64.3 | $7.9M | 46,439 |
 Metallus Inc.$MTUS | 36.7 | $7.8M | 419,507 |
 MOTORCAR PARTS OF AMERICA INC$MPAA | 48.8 | $7.0M | 458,325 |
 MOLINA HEALTHCARE, INC.$MOH | 60.5 | $7.0M | 30,593 |
Unlock AI quality scores for every holding
32-signal composite ranking on each of Azarias Capital Management, L.P.'s 23 positions.
Showing top 10 of 23 holdings.
Sector Allocation
Other
$79.5M
Materials
$67.0M
Industrials
$41.2M
Energy
$20.3M
Consumer Discretionary
$8.2M
Healthcare
$7.0M
Financials
$6.7M
Full Holdings — Azarias Capital Management, L.P. (Q2 2026)
All 23 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 | $SPY | SPDR S&P 500 ETF TRUST | $79.5M | 34.6% | +0% | — |
| 2 | $URG | UR-ENERGY INC | $18.0M | 7.8% | -3% | 24.1 |
| 3 | $DNN | DENISON MINES CORP. | $13.0M | 5.6% | +45% | — |
| 4 | $MTRX | MATRIX SERVICE CO | $9.2M | 4.0% | -18% | 47.4 |
| 5 | $MAN | ManpowerGroup Inc. | $9.0M | 3.9% | -21% | 42.6 |
| 6 | $SDRL | SEADRILL Ltd | $8.0M | 3.5% | +55% | — |
| 7 | $GPOR | GULFPORT ENERGY CORP | $7.9M | 3.4% | +10% | 64.3 |
| 8 | $MTUS | Metallus Inc. | $7.8M | 3.4% | -23% | 36.7 |
| 9 | $MPAA | MOTORCAR PARTS OF AMERICA INC | $7.0M | 3.1% | -14% | 48.8 |
| 10 | $MOH | MOLINA HEALTHCARE, INC. | $7.0M | 3.0% | NEW | 60.5 |
| 11 |  $EIG | Employers Holdings, Inc. | $6.7M | 2.9% | -6% | 39 |
| 12 |  $NXE | NexGen Energy Ltd. | $6.4M | 2.8% | +0% | — |
| 13 |  $HOFT | HOOKER FURNISHINGS Corp | $6.0M | 2.6% | -15% | 26.4 |
| 14 |  $IPI | Intrepid Potash, Inc. | $5.8M | 2.5% | +3% | 36.5 |
| 15 |  $MLR | MILLER INDUSTRIES INC /TN/ | $5.6M | 2.5% | -0% | 40.2 |
| 16 |  $UUUU | ENERGY FUELS INC | $5.5M | 2.4% | +0% | 27 |
| 17 |  $EU | enCore Energy Corp. | $5.4M | 2.3% | -19% | 27.4 |
| 18 |  $TBI | TrueBlue, Inc. | $5.3M | 2.3% | -24% | 34.1 |
| 19 |  $CCJ | CAMECO CORP | $5.1M | 2.2% | +0% | — |
| 20 |  $SMP | STANDARD MOTOR PRODUCTS, INC. | $4.7M | 2.0% | -5% | 57.5 |
| 21 |  $SD | SANDRIDGE ENERGY INC | $4.4M | 1.9% | +3% | 65.5 |
| 22 |  $UFI | UNIFI INC | $2.2M | 0.9% | -48% | 29.9 |
| 23 |  $AGX | ARGAN INC | $301,852 | 0.1% | +0% | 79.2 |
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AI-Powered Hedge Fund Analysis: Azarias Capital Management, L.P.
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