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Asset Manager ← All Institutions

DENALI ADVISORS LLC

5075 SHOREHAM PLACE SUITE 120, SAN DIEGO, CA 92122 • 858-558-3600

Q2 2025 · Filed 2025-07-30
Market Value
$949M
+9.2%
Holdings
308
+7
New Purchases
38
Added To
94
Closed
26
Reduced
142
Top 10 Concentration
26.9%
Turnover
20.8%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
NVDA 5.02% 3.58% +1.44% $48M
HOOD 1.02% 0.20% +0.82% $10M
MSFT 4.96% 4.14% +0.81% $47M
VCTR 0.71% 0.12% +0.59% $7M
PLTR 0.93% 0.37% +0.56% $9M
AVGO 1.69% 1.14% +0.55% $16M
FG 0.58% 0.05% +0.53% $6M
WABC 0.55% 0.10% +0.44% $5M
NFLX 1.83% 1.41% +0.43% $17M
META 2.53% 2.18% +0.35% $24M
VST 1.04% 0.70% +0.35% $10M
CALM 0.34% 0.00% +0.34% $3M
GRBK 0.73% 0.40% +0.33% $7M
MUR 0.27% 0.03% +0.24% $3M
PAX 0.35% 0.12% +0.23% $3M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
SNEX 0.00% 0.74% -0.74% $0
AAPL 3.41% 4.08% -0.67% $32M
XOM 0.12% 0.77% -0.65% $1M
GNW 0.00% 0.55% -0.55% $0
GOGL 0.04% 0.55% -0.51% $360K
FLNG 0.00% 0.41% -0.41% $0
COP 0.00% 0.38% -0.38% $0
TCOM 0.07% 0.44% -0.37% $619K
PFBC 0.00% 0.33% -0.33% $0
QCRH 0.00% 0.27% -0.27% $0
BXC 0.00% 0.27% -0.27% $0
ETD 0.00% 0.26% -0.26% $0
WOR 0.42% 0.66% -0.24% $4M
LLY 1.05% 1.28% -0.24% $10M
MOV 0.12% 0.35% -0.23% $1M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 24.1%
Technology 19.6%
Consumer Cyclical 11.2%
Communication Services 8.0%
Industrials 7.3%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 39 $346M 36.5%
Large Cap 119 $190M 20.0%
Mid Cap 70 $260M 27.3%
Small Cap 77 $152M 16.0%
Micro Cap 3 $1M 0.1%

Portfolio Analytics

Avg Market Cap
$170.3B
Median Market Cap
$11.6B
Avg P/E
25.2
Median P/E
16.1
Avg Dividend Yield
0.03%
Avg Beta
0.88
# Stocks
297
# ETFs / Funds
11

Top Holdings (308 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 NVDA 5.02% 301,387 $48M $157.99 $17M +14,619 +5.1%
2 MSFT 4.96% 94,608 $47M $497.41 $11M -1,308 -1.4%
3 AAPL 3.41% 157,687 $32M $205.17 -$3M -1,905 -1.2%
4 AMZN 2.97% 128,428 $28M $219.39 $3M -6,505 -4.8%
5 META 2.53% 32,595 $24M $738.09 $5M -335 -1.0%
6 GOOG 1.98% 106,066 $19M $177.39 $620K -10,397 -8.9%
7 NFLX 1.83% 12,994 $17M $1,339.13 $5M -120 -0.9%
8 AVGO 1.69% 58,151 $16M $275.65 $6M -1,109 -1.9%
9 ARCC 1.30% 563,451 $12M $21.96 -$403K -13,109 -2.3%
10 T 1.22% 401,037 $12M $28.94 $898K +22,394 +5.9%
11 COST 1.16% 11,093 $11M $989.95 $391K -105 -0.9%
12 WMT 1.08% 104,710 $10M $97.78 $982K -733 -0.7%
13 LLY 1.05% 12,776 $10M $779.54 -$1M -740 -5.5%
14 VST 1.04% 51,119 $10M $193.81 $4M -526 -1.0%
15 TSLA 1.03% 30,708 $10M $317.66 $2M -406 -1.3%
16 HOOD 1.02% 103,191 $10M $93.63 $8M +62,371 +152.8%
17 BXSL 0.98% 303,781 $9M $30.75 -$719K -7,110 -2.3%
18 OBDC 0.95% 630,218 $9M $14.34 -$428K -15,441 -2.4%
19 MAIN 0.95% 152,199 $9M $59.10 $196K -3,369 -2.2%
20 PLTR 0.93% 64,921 $9M $136.32 $6M +26,696 +69.8%
21 HD 0.87% 22,457 $8M $366.65 -$92K -260 -1.1%
22 MO 0.85% 137,962 $8M $58.63 $692K +14,723 +11.9%
23 GBDC 0.84% 542,148 $8M $14.65 -$453K -12,379 -2.2%
24 DFH 0.83% 313,810 $8M $25.13 $2M +36,314 +13.1%
25 GEF 0.79% 115,667 $8M $64.99 $1M +500 +0.4%
26 WM 0.77% 31,868 $7M $228.82 $2M +7,577 +31.2%
27 NMIH 0.76% 171,994 $7M $42.19 $451K -16,795 -8.9%
28 AMLP 0.75% 145,193 $7M $48.86 -$585K -2,647 -1.8%
29 MA 0.74% 12,552 $7M $561.94 $93K -146 -1.1%
30 BKE 0.73% 153,675 $7M $45.35 $473K -15,837 -9.3%
31 GRBK 0.73% 110,517 $7M $62.88 $3M +51,158 +86.2%
32 IBOC 0.72% 102,372 $7M $66.56 $384K +400 +0.4%
33 RUSHA 0.71% 131,737 $7M $51.51 $380K +11,808 +9.8%
34 CATY 0.71% 148,246 $7M $45.53 $398K +628 +0.4%
35 FOR 0.71% 336,827 $7M $20.00 $498K +41,723 +14.1%
36 EFSC 0.71% 121,924 $7M $55.10 $541K +6,976 +6.1%
37 VCTR 0.71% 105,277 $7M $63.67 $6M +87,570 +494.6%
38 INVA 0.70% 332,661 $7M $20.09 -$145K -43,945 -11.7%
39 FRME 0.70% 174,384 $7M $38.30 $193K +14,005 +8.7%
40 NTB 0.70% 150,254 $7M $44.28 $22K -20,132 -11.8%
41 MBIN 0.70% 200,510 $7M $33.07 $335K +30,356 +17.8%
42 CMRE-PC 0.69% 722,656 $7M $9.11 $1M +167,583 +30.2%
43 SRCE 0.69% 105,051 $7M $62.07 $267K +500 +0.5%
44 SM 0.68% 261,902 $6M $24.71 $1M +89,558 +52.0%
45 ACT 0.68% 173,785 $6M $37.15 -$428K -24,309 -12.3%
46 TGNA 0.68% 383,911 $6M $16.76 -$502K +3,201 +0.8%
47 IMKTA 0.67% 101,089 $6M $63.38 -$251K -1,132 -1.1%
48 FSK 0.67% 308,047 $6M $20.75 -$224K -7,758 -2.5%
49 ORCL 0.67% 29,229 $6M $218.63 $2M +16 +0.1%
50 FFBC 0.67% 262,525 $6M $24.26 -$34K +6,199 +2.4%
51 ALX 0.66% 27,924 $6M $225.32 $33K -2,001 -6.7%
52 JXN 0.65% 69,446 $6M $88.79 $373K +300 +0.4%
53 AEM 0.65% 51,576 $6M $118.91 $547K +16 +0.0%
54 OTTR 0.64% 79,175 $6M $77.09 $642K +11,216 +16.5%
55 HTGC 0.64% 333,853 $6M $18.28 -$449K -7,192 -2.1%
56 FIZZ 0.64% 140,050 $6M $43.24 -$732K -23,350 -14.3%
57 NOG 0.60% 201,581 $6M $28.35 $837K +40,221 +24.9%
58 CCSI 0.59% 243,840 $6M $23.06 $660K +28,824 +13.4%
59 CAH 0.58% 33,040 $6M $168.00 $999K
60 FG 0.58% 173,433 $6M $31.98 $5M +160,569 +1248.2%
61 NNI 0.57% 44,422 $5M $121.12 -$114K -5,112 -10.3%
62 PANW 0.57% 26,249 $5M $204.64 -$196K -6,379 -19.6%
63 LNG 0.56% 21,890 $5M $243.52 $542K +1,197 +5.8%
64 WABC 0.55% 107,152 $5M $48.44 $4M +89,444 +505.1%
65 TNK 0.54% 123,798 $5M $41.72 $2M +38,849 +45.7%
66 HPK 0.54% 522,525 $5M $9.80 -$849K +50,977 +10.8%
67 JPM 0.53% 17,370 $5M $289.91 $579K -800 -4.4%
68 BRK-B 0.51% 10,062 $5M $485.77 -$1M -1,298 -11.4%
69 BANF 0.51% 39,322 $5M $123.62 $607K +601 +1.6%
70 TSLX 0.50% 198,685 $5M $23.81 $178K -4,753 -2.3%
71 SAH 0.48% 56,667 $5M $79.93 -$533K -32,218 -36.2%
72 GIC 0.47% 165,778 $4M $27.01 $764K -1
73 CNXN 0.46% 66,631 $4M $65.78 $1M +13,608 +25.7%
74 CEG 0.45% 13,382 $4M $322.76 $2M +713 +5.6%
75 V 0.45% 11,980 $4M $355.05 -$19K -212 -1.7%
76 PM 0.45% 23,247 $4M $182.13 $1M +4,125 +21.6%
77 KGC 0.42% 258,090 $4M $15.63 $420K -28,500 -9.9%
78 WOR 0.42% 62,732 $4M $63.64 -$2M -52,020 -45.3%
79 ERIC 0.41% 458,698 $4M $8.48 $333K +298 +0.1%
80 CASH 0.40% 48,370 $4M $79.12 $298K
81 ATKR 0.39% 53,026 $4M $70.55 $560K -1
82 FLEX 0.38% 72,973 $4M $49.92 $1M +53 +0.1%
83 SD 0.38% 335,264 $4M $10.82 -$199K +183 +0.1%
84 PRDO 0.37% 107,754 $4M $32.69 -$1M -79,036 -42.3%
85 TSM 0.36% 15,155 $3M $226.49 $920K +17 +0.1%
86 SB-PC 0.35% 930,081 $3M $3.61 $146K +59,666 +6.8%
87 PAX 0.35% 234,819 $3M $14.06 $2M +144,577 +160.2%
88 CALM 0.34% 32,154 $3M $99.63 +32,154 NEW
89 NOW 0.32% 2,994 $3M $1,028.08 $202K -619 -17.1%
90 BZH 0.32% 137,177 $3M $22.37 $55K -10,600 -7.2%
91 IBEX 0.32% 104,096 $3M $29.10 $1M +30,378 +41.2%
92 RDN 0.31% 82,976 $3M $36.02 $232K -400 -0.5%
93 BLK 0.31% 2,830 $3M $1,049.25 $291K
94 MCD 0.31% 10,074 $3M $292.16 -$260K -181 -1.8%
95 AGG 0.30% 29,049 $3M $99.20 -$242K -2,527 -8.0%
96 PLAB 0.28% 142,763 $3M $18.83 -$215K +2,900 +2.1%
97 AMR 0.28% 23,611 $3M $112.48 -$302K
98 LADR 0.28% 245,824 $3M $10.75 $748K +79,743 +48.0%
99 NVS 0.28% 21,813 $3M $121.01 $194K -123 -0.6%
100 DNOW 0.28% 176,604 $3M $14.83 -$118K +16,377 +10.2%

New Positions

SymbolValue% Port
CALM $3M 0.34%
STBA $2M 0.19%
GHC $2M 0.18%
VRTS $2M 0.17%
TRIN $1M 0.15%
CMDB $798K 0.08%
REPX $745K 0.08%
MRC $629K 0.07%
MTH $596K 0.06%
CNO $579K 0.06%
TK $484K 0.05%
EXC $465K 0.05%
STM $423K 0.04%
L $414K 0.04%
DBX $414K 0.04%

Sold Out Positions

SymbolValue% Port
ETD —%
CSTM —%
KOP —%
LYB —%
MATX —%
GNW —%
FLNG —%
TPR —%
WLK —%
SBH —%
ETR —%
SNX —%
COP —%
NVO —%
COF —%
View SEC EDGAR Filings for DENALI ADVISORS LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms