DENALI ADVISORS LLC Q4 2021 Filing

Filed January 21, 2022

Portfolio Value

$267.1M

Holdings

381

Report Date

Q4 2021

Filing Type

13F-HR

All Holdings (381 positions)

#StockSharesValue% PortfolioType
1
IMKTAIngles Markets cl A
55,255$4.8M1.79%
2
MHOM/I Homes, Inc.
75,566$4.7M1.76%
3
GHCGraham Holdings Company
7,411$4.7M1.75%
4
SANMSanmina Corporation
111,935$4.6M1.74%
5
RUSHARush Enterprises Inc
83,227$4.6M1.73%
6
HTHHilltop Holdings Inc.
124,709$4.4M1.64%
7
BCCBoise Cascade LLC
61,321$4.4M1.63%
8
EAFEURGraftech International Ltd
365,837$4.3M1.62%
9
KWKennedy-Wilson Holdings
180,900$4.3M1.62%
10
INVAInnoviva, Inc.
249,122$4.3M1.61%
11
BB4AXOS Financial Inc
76,800$4.3M1.61%
12
NTBBank of NT Butterfield LTD
112,684$4.3M1.61%
13
TOWNTowne Bank
134,768$4.3M1.59%
14
GEFGreif Inc cl A
69,294$4.2M1.57%
15
EIGEmployers Holdings, Inc.
98,400$4.1M1.52%
16
NIJNelnet Inc
41,416$4.0M1.51%
17
IBOCInternational Bancshares
95,176$4.0M1.51%
18
ESGREnstar Group Limited
16,200$4.0M1.50%
19
CUBICustomers Bancorp Inc
61,200$4.0M1.50%
20
PDMPiedmont Office Realty Trust,
214,598$3.9M1.48%
21
MLIMueller Industries, Inc.
66,400$3.9M1.48%
22
ACCOAcco Brands Corporation
473,647$3.9M1.46%
23
NMRKNewmark Group
207,563$3.9M1.45%
24
GTNGray Television Inc
190,172$3.8M1.44%
25
CMRECostamare Inc
280,892$3.6M1.33%
26
PFSIPennyMac Financial Service Inc
49,810$3.5M1.30%
27
SEMSelect Medical Holdings Corp
118,200$3.5M1.30%
28
FIBKFirst Interstate BancSystem A
82,500$3.4M1.26%
29
SNEXStonex Group
53,300$3.3M1.22%
30
FFBCFirst Financial Bancorp OH
129,600$3.2M1.18%
31
PQ3Provident Financial Services
129,800$3.1M1.18%
32
KROKronos Worldwide Inc.
205,819$3.1M1.16%
33
PRDOPerdoceo Education Corp
257,300$3.0M1.13%
34
PCCPC Connection, Inc.
68,411$3.0M1.10%
35
VSHVishay Intertechnology Inc.
133,600$2.9M1.09%
36
ADUnited States Cellular Corp
91,904$2.9M1.08%
37
MEIMethode Electronics Inc
57,625$2.8M1.06%
38
BXCBluelinx Holdings
28,423$2.7M1.02%
39
ENVAEnova International, Inc.
65,625$2.7M1.01%
40
HOPEHope Bancorp
182,100$2.7M1.00%
41
SFNCSimmons First National Corp
90,500$2.7M1.00%
42
EGBNEagle Bancorp Inc
45,600$2.7M1.00%
43
HCCWarrior Met Coal, Llc
100,600$2.6M0.97%
44
CATYCathay General Bancorp
59,031$2.5M0.95%
45
PATKPatrick Industries Inc.
29,900$2.4M0.90%
46
TRTN-PATriton International Ltd
38,644$2.3M0.87%
47
American National Insur.
12,005$2.3M0.85%
48
MMIMarcus & Millichap, Inc.
41,800$2.2M0.81%
49
USNAUSANA Health Sciences, Inc.
21,013$2.1M0.80%
50
WKCWorld Fuel Services Corp
78,929$2.1M0.78%
51
AGMFarmer Mac
16,400$2.0M0.76%
52
SMPStandard Motor Products
38,200$2.0M0.75%
53
NWLINational Western Life Group A
8,700$1.9M0.70%
54
WIREEUREncore Wire Corporation
12,913$1.8M0.69%
55
BANFBancFirst Corp OK
25,500$1.8M0.67%
56
OECOrion Engineered Carbons
97,096$1.8M0.67%
57
WMKWeis Markets Inc.
26,900$1.8M0.66%
58
WTHWorthington Industries
32,200$1.8M0.66%
59
TNETTrinet Group Inc
18,039$1.7M0.64%
60
GAMCO Investors, Inc.
60,942$1.5M0.57%
61
JOUTJohnson Outdoors Inc.
15,200$1.4M0.53%
62
FORForestar Group
63,890$1.4M0.52%
63
OTTROtter Tail Corp
18,900$1.4M0.51%
64
TDSTelephone & Data Systems
66,000$1.3M0.50%
65
IRWDIronwood Pharmaceuticals
113,600$1.3M0.50%
66
ASIXAdvansix Inc
27,316$1.3M0.48%
67
RBCAARepublic Bancorp KY
25,300$1.3M0.48%
68
BRK/BBerkshire Hathaway cl B
4,200$1.3M0.47%
69
MBINMerchants Bancorp
25,829$1.2M0.46%
70
MATXMatson Inc.
13,138$1.2M0.44%
71
CRMTAmerica's Car-Mart Inc
11,200$1.1M0.43%
72
CIMChimera Investment Corporation
75,700$1.1M0.43%
73
AELUSDAmerican Equity Investment
27,100$1.1M0.39%
74
JPMJPMorgan Chase & Co.
6,300$998K0.37%
75
ECPGEncore Capital Group, Inc.
15,500$963K0.36%
76
STCStewart Information Services
11,800$941K0.35%
77
LPGDorian LPG Ltd.
72,900$925K0.35%
78
ASOAcademy Sports and Outdoors
21,000$922K0.35%
79
SKYWSkyWest Inc.
22,200$872K0.33%
80
GOOGLAlphabet Inc. Class A
300$869K0.33%
81
CENTACentral Garden&Pet cl A
18,100$866K0.32%
82
INTCIntel Corporation
16,700$860K0.32%
83
HTLFEURHeartland Financial USA
16,933$857K0.32%
84
KOPKoppers Holdings Inc.
27,200$851K0.32%
85
BACBank of America Corp
18,700$832K0.31%
86
ACGLArch Capital Group Ltd.
18,500$822K0.31%
87
LYBLyondellBasell Industries cl A
8,800$812K0.30%
88
TSNTyson Foods
9,300$811K0.30%
89
BACVerizon Communications, Inc.
15,500$805K0.30%
90
7HPHP Inc.
21,100$795K0.30%
91
CECelanese Corporation
4,700$790K0.30%
92
ARIApollo Commercial Real Estate
59,700$786K0.29%
93
GICGlobal Industrial Co.
18,800$769K0.29%
94
CBRECBRE Group, Inc.
6,900$749K0.28%
95
WMTWalmart Inc.
5,100$738K0.28%
96
PRIMPrimoris Services Corp.
30,600$734K0.27%
97
GDGeneral Dynamics Corp.
3,500$730K0.27%
98
SCCOSouthern Copper Corp.
11,800$728K0.27%
99
SOSouthern Company
10,600$727K0.27%
100
HCAHCA Holdings, Inc.
2,800$719K0.27%
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