DENALI ADVISORS LLC
Sector Allocation
- Technology27.9%$276.6M
- Financials18.0%$178.9M
- Industrials12.1%$120.4M
- Consumer Discretionary8.1%$80.2M
- Consumer Staples6.4%$63.7M
- Other6.1%$60.8M
- Healthcare5.0%$49.5M
- Real Estate4.2%$41.7M
- Materials4.0%$39.9M
- Energy3.5%$34.6M
AUM History
13fpro.ai/research/fund/denali-advisors-llc-1142941
Conviction and streaks
Stable · top 10 = 21.6%From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.
Largest positions — Q2 2026
NVDA
$43.9MGOOG
$37.4MAAPL
$29.3MMSFT
$21.4MAMZN
$16.4MLLY
$15.5MAVGO
$15.5MMETA
$12.8MCAT
$11.8MAMD
$10.7MFLEX
$10.7MAMAT
$10.6MMHO
$9.9MWMT
$9.4MCAH
$9.4MTSLA
$9.3MFOR
$9.3MEFSC
$8.9MCCSI
$8.8MWLFC
$8.8M
Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.
13fpro.ai/research/fund/denali-advisors-llc-1142941
DENALI ADVISORS LLC 13F holdings — Q2 2026
$993.0M portfolio (+10.4% QoQ) · 318 holdings · Q2 2026 13F · top 10 are 22% of the stock portfolio
$43.9M
4.4% of stocks
+0.4%This quarter-0.7%Since filed8 qtrsHeld$37.4M
3.8% of stocks
+15%This quarter-11.7%Since filed8 qtrsHeld$29.3M
3.0% of stocks
-15%This quarter+11.6%Since filed8 qtrsHeld$21.4M
2.1% of stocks
-18%This quarter+5.2%Since filed8 qtrsHeld$16.4M
1.6% of stocks
-16%This quarter-10.4%Since filed8 qtrsHeld$15.5M
1.6% of stocks
+39%This quarter+3.8%Since filed8 qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialAdded 2 qtrs in a row$15.5M
1.6% of stocks
-0.0%This quarter-22.1%Since filed8 qtrsHeld$12.8M
1.3% of stocks
-5%This quarter+6.0%Since filed8 qtrsHeld$11.8M
1.2% of stocks
+14%This quarter-17.4%Since filed8 qtrsHeld$10.7M
1.1% of stocks
NewThis quarter+13.1%Since filedNew this quarterHeld
All holdings — DENALI ADVISORS LLC (Q2 2026)
318 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.
| # | Company | Held | Source | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 11 | FLEX LTD. | Technology | $10.7M | 1.1% | 66K | -2% | 7 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 12 | APPLIED MATERIALS INC /DE | Technology | $10.6M | 1.1% | 15K | +222% | 8 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 13 | M/I HOMES, INC. | Industrials | $9.9M | 1.0% | 61K | +4% | 4 qtrsAdded 4 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 14 | Walmart Inc. | Consumer Staples | $9.4M | 0.9% | 83K | +0.2% | 8 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 15 | CARDINAL HEALTH INC | Consumer Staples | $9.4M | 0.9% | 39K | +0.4% | 7 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 16 | Tesla, Inc. | Consumer Discretionary | $9.3M | 0.9% | 22K | +0.2% | 8 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 17 | Forestar Group Inc. | Real Estate | $9.3M | 0.9% | 293K | -0.5% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 18 | ENTERPRISE FINANCIAL SERVICES CORP | Financials | $8.9M | 0.9% | 135K | -4% | 8 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 19 | Consensus Cloud Solutions, Inc. | Technology | $8.8M | 0.9% | 231K | -14% | 9 qtrsTrimmed 3 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 20 | WILLIS LEASE FINANCE CORP | Consumer Discretionary | $8.8M | 0.9% | 38K | -6% | 4 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 21 | Merchants Bancorp | Financials | $8.7M | 0.9% | 175K | -10% | 10+ qtrsTrimmed 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 22 | LAM RESEARCH CORP | Technology | $8.7M | 0.9% | 20K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 23 | Green Brick Partners, Inc. | Industrials | $8.7M | 0.9% | 109K | -5% | 9 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 24 | CATHAY GENERAL BANCORP | Financials | $8.7M | 0.9% | 140K | -12% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 25 | MERCURY GENERAL CORP | Financials | $8.7M | 0.9% | 82K | +113% | 3 qtrsAdded 3 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 26 | $FRME | FIRST MERCHANTS CORP | Financials | $8.5M | 0.9% | 195K | -5% | |||
| 27 | $MO | ALTRIA GROUP, INC. | Consumer Staples | $8.4M | 0.8% | 117K | +0.2% | |||
| 28 | $NTB | Bank of N.T. Butterfield & Son Ltd | Financials | $8.3M | 0.8% | 140K | -10% | |||
| 29 | $IBOC | INTERNATIONAL BANCSHARES CORP | Financials | $8.2M | 0.8% | 108K | -7% | |||
| 30 | $GEF | GREIF, INC | Industrials | $8.2M | 0.8% | 110K | -5% | |||
| 31 | $NMIH | NMI Holdings, Inc. | Financials | $8.1M | 0.8% | 198K | -5% | |||
| 32 | $HG | Hamilton Insurance Group, Ltd. | Financials | $8.1M | 0.8% | 240K | -5% | |||
| 33 | $ACT | Enact Holdings, Inc. | Financials | $7.9M | 0.8% | 173K | -5% | |||
| 34 | $CBT | CABOT CORP | Materials | $7.9M | 0.8% | 87K | -19% | |||
| 35 | $OTTR | Otter Tail Corp | Utilities | $7.7M | 0.8% | 85K | -5% | |||
| 36 | $ABG | ASBURY AUTOMOTIVE GROUP INC | Consumer Discretionary | $7.6M | 0.8% | 38K | +26% | |||
| 37 | $AMPH | Amphastar Pharmaceuticals, Inc. | Healthcare | $7.6M | 0.8% | 376K | +41% | |||
| 38 | $FG | F&G Annuities & Life, Inc. | Financials | $7.6M | 0.8% | 285K | +4% | |||
| 39 | $COST | COSTCO WHOLESALE CORP /NEW | Consumer Staples | $7.5M | 0.8% | 8,050 | -7% | |||
| 40 | $REPX | Riley Exploration Permian, Inc. | Energy | $7.5M | 0.8% | 228K | +1524% | |||
| 41 | $NFLX | NETFLIX INC | Communication Services | $7.4M | 0.7% | 103K | +0.3% | |||
| 42 | $MU | MICRON TECHNOLOGY INC | Technology | $7.4M | 0.7% | 6,380 | New | |||
| 43 | $CNXN | PC CONNECTION INC | Technology | $7.2M | 0.7% | 99K | +19% | |||
| 44 | $PANW | Palo Alto Networks Inc | Technology | $7.2M | 0.7% | 21K | +0.4% | |||
| 45 | $BY | BYLINE BANCORP, INC. | Financials | $7.0M | 0.7% | 186K | +11% | |||
| 46 | $FIZZ | NATIONAL BEVERAGE CORP | Consumer Staples | $7.0M | 0.7% | 223K | -6% | |||
| 47 | $SRCE | 1ST SOURCE CORP | Financials | $6.6M | 0.7% | 81K | -32% | |||
| 48 | $ARCC | ARES CAPITAL CORP | Other | $6.6M | 0.7% | 354K | -6% | |||
| 49 | $INSW | International Seaways, Inc. | Industrials | $6.5M | 0.7% | 85K | +160% | |||
| 50 | $T | AT&T INC. | Communication Services | $6.5M | 0.7% | 313K | -12% | |||
| 51 | $GBX | GREENBRIER COMPANIES INC | Industrials | $6.4M | 0.7% | 132K | -0.3% | |||
| 52 | $WS | Worthington Steel, Inc. | Materials | $6.4M | 0.6% | 190K | -5% | |||
| 53 | $TNK | TEEKAY TANKERS LTD. | Industrials | $6.2M | 0.6% | 95K | -5% | |||
| 54 | $VST | Vistra Corp. | Utilities | $6.2M | 0.6% | 39K | +0.6% | |||
| 55 | $AEM | AGNICO EAGLE MINES LTD | Materials | $6.1M | 0.6% | 39K | -1.0% | |||
| 56 | $WM | WASTE MANAGEMENT INC | Utilities | $6.0M | 0.6% | 27K | +0.3% | |||
| 57 | $CASY | CASEYS GENERAL STORES INC | Consumer Discretionary | $5.9M | 0.6% | 7,414 | +6% | |||
| 58 | $JPM | JPMORGAN CHASE & CO | Financials | $5.9M | 0.6% | 18K | +1% | |||
| 59 | $MGRC | MCGRATH RENTCORP | Industrials | $5.9M | 0.6% | 48K | +83% | |||
| 60 | $SD | SANDRIDGE ENERGY INC | Energy | $5.7M | 0.6% | 415K | +2% | |||
| 61 | $SNEX | StoneX Group Inc. | Financials | $5.6M | 0.6% | 47K | New | |||
| 62 | $DFH | Dream Finders Homes, Inc. | Industrials | $5.5M | 0.6% | 321K | -5% | |||
| 63 | $NNI | NELNET INC | Financials | $5.3M | 0.5% | 40K | -3% | |||
| 64 | $RUSHA | RUSH ENTERPRISES INC \TX\ | Consumer Discretionary | $5.2M | 0.5% | 71K | -39% | |||
| 65 | $CMRE | Costamare Inc. | Industrials | $5.2M | 0.5% | 368K | -6% | |||
| 66 | $ORCL | ORACLE CORP | Technology | $5.1M | 0.5% | 35K | +0.2% | |||
| 67 | $OFG | OFG BANCORP | Financials | $5.1M | 0.5% | 104K | +1349% | |||
| 68 | $TTAM | Titan America SA | Materials | $5.0M | 0.5% | 269K | +110% | |||
| 69 | $MAIN | Main Street Capital CORP | Other | $5.0M | 0.5% | 96K | -6% | |||
| 70 | $MA | Mastercard Inc | Financials | $4.9M | 0.5% | 9,573 | +0.3% | |||
| 71 | $SAFE | Safehold Inc. | Real Estate | $4.9M | 0.5% | 310K | — | |||
| 72 | $CVX | CHEVRON CORP | Energy | $4.9M | 0.5% | 29K | +54% | |||
| 73 | $NHC | NATIONAL HEALTHCARE CORP | Healthcare | $4.8M | 0.5% | 23K | +75% | |||
| 74 | — | ALPS ETF TR - ALERIAN MLP | — | $4.8M | 0.5% | 93K | -2% | |||
| 75 | $SAH | SONIC AUTOMOTIVE INC | Consumer Discretionary | $4.8M | 0.5% | 57K | New | |||
| 76 | $BKE | BUCKLE INC | Consumer Discretionary | $4.7M | 0.5% | 113K | -4% | |||
| 77 | $OBDC | Blue Owl Capital Corp | Other | $4.7M | 0.5% | 429K | -7% | |||
| 78 | $BXSL | Blackstone Secured Lending Fund | Other | $4.5M | 0.5% | 191K | -6% | |||
| 79 | $ERIC | ERICSSON LM TELEPHONE CO | Technology | $4.5M | 0.5% | 400K | -1% | |||
| 80 | $IMKTA | INGLES MARKETS INC | Consumer Staples | $4.5M | 0.5% | 50K | -48% | |||
| 81 | $GBDC | GOLUB CAPITAL BDC, Inc. | Other | $4.4M | 0.4% | 343K | -6% | |||
| 82 | $BRK.B | BERKSHIRE HATHAWAY INC | Financials | $4.4M | 0.4% | 8,710 | — | |||
| 83 | $KOP | Koppers Holdings Inc. | Industrials | $4.3M | 0.4% | 96K | +75% | |||
| 84 | $CASH | PATHWARD FINANCIAL, INC. | Financials | $4.2M | 0.4% | 48K | — | |||
| 85 | $MATX | Matson, Inc. | Industrials | $4.1M | 0.4% | 21K | New | |||
| 86 | $PLTR | Palantir Technologies Inc. | Technology | $4.0M | 0.4% | 34K | -36% | |||
| 87 | $JCI | Johnson Controls International plc | Industrials | $3.9M | 0.4% | 27K | New | |||
| 88 | $UFPI | UFP INDUSTRIES INC | Industrials | $3.8M | 0.4% | 42K | New | |||
| 89 | $FFBC | FIRST FINANCIAL BANCORP /OH/ | Financials | $3.6M | 0.4% | 106K | -62% | |||
| 90 | $LADR | Ladder Capital Corp | Real Estate | $3.5M | 0.3% | 354K | -27% | |||
| 91 | $HCXY | Hercules Capital, Inc. | Other | $3.3M | 0.3% | 211K | -6% | |||
| 92 | $PLTK | Playtika Holding Corp. | Technology | $3.3M | 0.3% | 885K | -38% | |||
| 93 | $HRMY | Harmony Biosciences Holdings, Inc. | Healthcare | $3.3M | 0.3% | 90K | +50% | |||
| 94 | $ATKR | Atkore Inc. | Technology | $3.3M | 0.3% | 43K | -22% | |||
| 95 | $TSM | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | Technology | $3.2M | 0.3% | 6,736 | -5% | |||
| 96 | $DOLE | Dole plc | Consumer Staples | $3.2M | 0.3% | 231K | -30% | |||
| 97 | $FTI | TechnipFMC plc | Energy | $3.1M | 0.3% | 47K | +40% | |||
| 98 | $PRG | PROG Holdings, Inc. | Industrials | $2.9M | 0.3% | 63K | -43% | |||
| 99 | $CENT | CENTRAL GARDEN & PET CO | Consumer Staples | $2.8M | 0.3% | 73K | +141% | |||
| 100 | $FLOC | Flowco Holdings Inc. | Energy | $2.8M | 0.3% | 131K | +109% | |||
| 101 | — | ISHARES TR - CORE US AGGBD ET | — | $2.7M | 0.3% | 28K | +6% | |||
| 102 | $BLK | BlackRock, Inc. | Financials | $2.7M | 0.3% | 2,830 | — | |||
| 103 | $TK | TEEKAY CORP LTD | Industrials | $2.7M | 0.3% | 268K | -5% | |||
| 104 | $BFS | SAUL CENTERS, INC. | Real Estate | $2.7M | 0.3% | 72K | — | |||
| 105 | $CALM | CAL-MAINE FOODS INC | Consumer Staples | $2.6M | 0.3% | 33K | — | |||
| 106 | $PBI | PITNEY BOWES INC /DE/ | Technology | $2.6M | 0.3% | 150K | — | |||
| 107 | $PM | Philip Morris International Inc. | Consumer Staples | $2.6M | 0.3% | 14K | +2% | |||
| 108 | $ALX | ALEXANDERS INC | Real Estate | $2.5M | 0.3% | 9,200 | -60% | |||
| 109 | $UE | Urban Edge Properties | Real Estate | $2.5M | 0.3% | 111K | New | |||
| 110 | $CCS | Century Communities, Inc. | Industrials | $2.5M | 0.3% | 35K | -6% | |||
| 111 | $SCCO | SOUTHERN COPPER CORP/ | Materials | $2.5M | 0.3% | 14K | -2% | |||
| 112 | $TSLX | Sixth Street Specialty Lending, Inc. | Other | $2.4M | 0.2% | 139K | -4% | |||
| 113 | $RLJ | RLJ Lodging Trust | Real Estate | $2.4M | 0.2% | 199K | — | |||
| 114 | $AX | Axos Financial, Inc. | Financials | $2.4M | 0.2% | 24K | New | |||
| 115 | $ARDT | Ardent Health, Inc. | Healthcare | $2.3M | 0.2% | 236K | -5% | |||
| 116 | $V | VISA INC. | Financials | $2.3M | 0.2% | 6,739 | +0.6% | |||
| 117 | $HOV | HOVNANIAN ENTERPRISES INC | Industrials | $2.3M | 0.2% | 16K | — | |||
| 118 | $PLGO | Pelagos Insurance Capital Ltd | Financials | $2.2M | 0.2% | 91K | New | |||
| 119 | $NSIT | INSIGHT ENTERPRISES INC | Consumer Discretionary | $2.2M | 0.2% | 18K | New | |||
| 120 | $AMCX | AMC Global Media Inc. | Communication Services | $2.2M | 0.2% | 219K | — | |||
| 121 | $WELL | WELLTOWER INC. | Real Estate | $2.2M | 0.2% | 9,499 | +2% | |||
| 122 | $EIX | EDISON INTERNATIONAL | Utilities | $2.1M | 0.2% | 29K | New | |||
| 123 | $OTF | Blue Owl Technology Finance Corp. | Other | $2.1M | 0.2% | 207K | +10% | |||
| 124 | $PHM | PULTEGROUP INC/MI/ | Industrials | $2.1M | 0.2% | 15K | +30% | |||
| 125 | $NVS | NOVARTIS AG | Healthcare | $2.1M | 0.2% | 13K | -2% | |||
| 126 | $GHC | Graham Holdings Co | Consumer Discretionary | $2.1M | 0.2% | 1,800 | — | |||
| 127 | $CON | Concentra Group Holdings Parent, Inc. | Healthcare | $2.0M | 0.2% | 68K | New | |||
| 128 | $ATLC | Atlanticus Holdings Corp | Financials | $2.0M | 0.2% | 20K | New | |||
| 129 | $SLVM | Sylvamo Corp | Materials | $2.0M | 0.2% | 54K | -5% | |||
| 130 | $MPC | Marathon Petroleum Corp | Energy | $2.0M | 0.2% | 7,723 | -21% | |||
| 131 | $KGC | KINROSS GOLD CORP | Materials | $1.9M | 0.2% | 82K | -35% | |||
| 132 | $TGLS | Tecnoglass Holdings Inc. | Materials | $1.8M | 0.2% | 39K | -43% | |||
| 133 | $RDN | RADIAN GROUP INC | Financials | $1.8M | 0.2% | 49K | +671% | |||
| 134 | $PAHC | PHIBRO ANIMAL HEALTH CORP | Healthcare | $1.8M | 0.2% | 57K | +259% | |||
| 135 | $VICI | VICI PROPERTIES INC. | Real Estate | $1.8M | 0.2% | 68K | +88% | |||
| 136 | $ANET | Arista Networks, Inc. | Technology | $1.7M | 0.2% | 10K | +0.1% | |||
| 137 | $HLF | HERBALIFE LTD. | Consumer Staples | $1.7M | 0.2% | 131K | New | |||
| 138 | $CSWC | CAPITAL SOUTHWEST CORP | Other | $1.7M | 0.2% | 72K | -5% | |||
| 139 | $PLAB | PHOTRONICS INC | Technology | $1.7M | 0.2% | 52K | -59% | |||
| 140 | $HD | HOME DEPOT, INC. | Consumer Discretionary | $1.7M | 0.2% | 4,754 | -71% | |||
| 141 | $SKYW | SKYWEST INC | Industrials | $1.7M | 0.2% | 17K | New | |||
| 142 | $SYF | Synchrony Financial | Financials | $1.6M | 0.2% | 22K | — | |||
| 143 | $DLX | DELUXE CORP | Communication Services | $1.6M | 0.2% | 68K | -8% | |||
| 144 | $FSK | FS KKR Capital Corp | Other | $1.6M | 0.2% | 150K | -9% | |||
| 145 | $PLUS | EPLUS INC | Technology | $1.6M | 0.2% | 19K | +69% | |||
| 146 | $AAT | American Assets Trust, Inc. | Real Estate | $1.6M | 0.2% | 63K | — | |||
| 147 | $SIGA | SIGA TECHNOLOGIES INC | Healthcare | $1.5M | 0.1% | 414K | -5% | |||
| 148 | $GSK | GSK plc | Healthcare | $1.5M | 0.1% | 29K | -2% | |||
| 149 | $CINF | CINCINNATI FINANCIAL CORP | Financials | $1.5M | 0.1% | 8,024 | — | |||
| 150 | $NUE | NUCOR CORP | Materials | $1.5M | 0.1% | 6,616 | -8% |
What changed in Q2 2026
Against the previous quarter's 13F: 40 new, 97 added to, 142 trimmed, 29 sold out. Share-count changes; largest moves by dollar size first.
New positions (40)
first bought this quarter
$LRCXLAM RESEARCH CORP$8.7M
first bought this quarter
$MUMICRON TECHNOLOGY INC$7.4M
first bought this quarter
$SNEXStoneX Group Inc.$5.6M
first bought this quarter
$SAHSONIC AUTOMOTIVE INC$4.8M
first bought this quarter
$MATXMatson, Inc.$4.1M
first bought this quarter
+34 more in the Excel export
Added to (97)
now $10.6M · held 8 qtrs
$REPXRiley Exploration Permian, Inc.+1524%
now $7.5M · held 5 qtrs
now $37.4M · held 8 qtrs
$OFGOFG BANCORP+1349%
now $5.1M · held 2 qtrs, 2 adds in a row
$MCYMERCURY GENERAL CORP+113%
now $8.7M · held 3 qtrs, 3 adds in a row
now $15.5M · held 8 qtrs, 2 adds in a row
+91 more in the Excel export
Trimmed (142)
$FFBCFIRST FINANCIAL BANCORP /OH/-62%
now $3.6M · held 10+ qtrs, 2 trims in a row
now $29.3M · held 8 qtrs
now $21.4M · held 8 qtrs
$HDHOME DEPOT, INC.-71%
now $1.7M · held 8 qtrs
$IMKTAINGLES MARKETS INC-48%
now $4.5M · held 10+ qtrs
$ALXALEXANDERS INC-60%
now $2.5M · held 10+ qtrs, 2 trims in a row
+136 more in the Excel export
Sold out (29)
$NOGNORTHERN OIL & GAS, INC.was $8.3M
held 6 qtrs
$STBAS&T BANCORP INCwas $6.3M
held 4 qtrs
$SMSM Energy Cowas $6.3M
held 6 qtrs
$HOODRobinhood Markets, Inc.was $4.6M
held 5 qtrs
$SEMSELECT MEDICAL HOLDINGS CORPwas $4.3M
held 2 qtrs
$PRIMPrimoris Services Corpwas $3.5M
+23 more in the Excel export
Holdings by quarter
Every 13F DENALI ADVISORS LLC has filed, 39 earlier quarters. Pick one to see what it held then.
Is it too late to follow DENALI ADVISORS?
Q2 2026 13F filed with the SEC on Aug 10, 2026. Prices are closing prices as of Oct 26, 2026.
Average quality of DENALI ADVISORS's top 20 holdings: 73/100 (our AI quality score, weighted by position size; 19 of the 20 are scored)
Top 10 since filing
-2.1%
Value-weighted move of the 10 largest stock positions
Turnover
15%
Last quarter; 44% over the last 4
Top 10 weight
22%
Share of the stock portfolio in its 10 largest positions
Held 4+ quarters
81%
Share of portfolio value in positions held a year or more
Highest-quality names it owns(among its 100 largest positions)
The 8 highest-scoring companies in this portfolio are a Pro feature.
How these are measured
- Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
- Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
- Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q1 2024 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
- Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
- Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.
Portfolio Overview
DENALI ADVISORS LLC disclosed 318 positions worth $993.0M in its Form 13F-HR for Q2 2026, led by $NVDA (NVIDIA CORP) at 4.4% of the equity portfolio, followed by $GOOG and $AAPL. During the quarter the fund opened 40 new positions and exited 29 — including a new stake in $AMD and a full exit from $NOG. The portfolio is most concentrated in Technology (27.9% of disclosed assets). All figures are sourced directly from DENALI ADVISORS LLC’s Form 13F-HR filing with the SEC under CIK 1142941.
Funds like this
managers whose biggest positions overlap DENALI ADVISORS'sBrowse Top Institutional Investors
13F Pro tracks 8,700+ institutional investors filing 13F reports with the SEC.
to search all 8,700+ institutional filers.
AI-Powered Hedge Fund Analysis: DENALI ADVISORS LLC
13F Pro is an AI hedge fund tracker and stock research platform. For DENALI ADVISORS LLC (SEC CIK: 1142941), the platform ingests every quarterly Form 13F filing and applies AI-powered analysis on top — 10 specialized AI analysts (value, growth, momentum, macro, activist, and more) debate the fund's top positions and publish AI-generated analysis with cited SEC sources.
Every holding in DENALI ADVISORS LLC's portfolio is scored on an AI quality ranking built from its SEC filings (ROIC, FCF margin, revenue growth, institutional flow, earnings quality, shareholder dilution, and more). Track accumulation and distribution quarter over quarter, identify conviction positions, and see AI stock analysis for each position — alongside 8,700+ other institutional filers and 2,800+ AI-ranked companies.