Filed: 2/12/2025ACC: 0001104659-25-011773
📋 What this filing means
AEGIS FINANCIAL CORP filed this quarterly 13F‑HR report disclosing 22 equity positions with a total reported market value of $116.12M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
22
Positions
$116.12M
Total AUM (reported)
13.79M
Total Shares
Allocation by class
COM$104.86M90.3%
COM NEW$9.97M8.6%
ISHARES$1.03M0.9%
GOLD SHS$265.6K0.2%
Portfolio Concentration
Top 3$55.41M47.7%
4–10$46.65M40.2%
11–25$14.06M12.1%
Top 3 weight
47.7%
Top 10 weight
87.9%
Voting Authority Distribution
Total shares with voting rights: 13.79M
Sole
Full voting authority
13.79M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole22
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings22
Rows:
HALLADOR ENERGY COMPANY
SOLEShares2.02M
TypeSH
Market value$23.14M
19.93%
Sole
2.02M
Shared
0.00
None
0.00
NATURAL GAS SVCS GROUP INC
SOLEShares671.33K
TypeSH
Market value$17.99M
15.49%
Sole
671.33K
Shared
0.00
None
0.00
ALGOMA STL GROUP INC
SOLEShares1.46M
TypeSH
Market value$14.28M
12.30%
Sole
1.46M
Shared
0.00
None
0.00
EQUINOX GOLD CORP
SOLEShares2.57M
TypeSH
Market value$12.93M
11.14%
Sole
2.57M
Shared
0.00
None
0.00
PRECISION DRILLING CORP
SOLEShares123.64K
TypeSH
Market value$7.56M
6.51%
Sole
123.64K
Shared
0.00
None
0.00
BASSETT FURNITURE INDS INC
SOLEShares476.31K
TypeSH
Market value$6.59M
5.67%
Sole
476.31K
Shared
0.00
None
0.00
ELDORADO GOLD CORP NEW
SOLEShares413.04K
TypeSH
Market value$6.14M
5.29%
Sole
413.04K
Shared
0.00
None
0.00
ENERFLEX LTD
SOLEShares551.60K
TypeSH
Market value$5.49M
4.73%
Sole
551.60K
Shared
0.00
None
0.00
PEABODY ENERGY CORP
SOLEShares237.06K
TypeSH
Market value$4.96M
4.27%
Sole
237.06K
Shared
0.00
None
0.00
GALIANO GOLD INC
SOLEShares2.39M
TypeSH
Market value$2.98M
2.56%
Sole
2.39M
Shared
0.00
None
0.00
VERMILION ENERGY INC
SOLEShares296.19K
TypeSH
Market value$2.79M
2.40%
Sole
296.19K
Shared
0.00
None
0.00
MERCER INTL INC
SOLEShares309.50K
TypeSH
Market value$2.01M
1.73%
Sole
309.50K
Shared
0.00
None
0.00
HENNESSY ADVISORS INC
SOLEShares141.35K
TypeSH
Market value$1.80M
1.55%
Sole
141.35K
Shared
0.00
None
0.00
ADAMS RES & ENERGY INC
SOLEShares45.02K
TypeSH
Market value$1.70M
1.46%
Sole
45.02K
Shared
0.00
None
0.00
WESTWOOD HLDGS GROUP INC
SOLEShares100K
TypeSH
Market value$1.45M
1.25%
Sole
100K
Shared
0.00
None
0.00
ARDMORE SHIPPING CORP
SOLEShares89.76K
TypeSH
Market value$1.09M
0.94%
Sole
89.76K
Shared
0.00
None
0.00
ISHARES SILVER TR
SOLEShares39.02K
TypeSH
Market value$1.03M
0.88%
Sole
39.02K
Shared
0.00
None
0.00
MIND TECHNOLOGY INC
SOLEShares89.46K
TypeSH
Market value$710.3K
0.61%
Sole
89.46K
Shared
0.00
None
0.00
I-80 GOLD CORP
SOLEShares1.13M
TypeSH
Market value$540.7K
0.47%
Sole
1.13M
Shared
0.00
None
0.00
SOLITARIO RESOURCES CORP
SOLEShares632.46K
TypeSH
Market value$376.0K
0.32%
Sole
632.46K
Shared
0.00
None
0.00
WEST FRASER TIMBER CO LTD
SOLEShares3.40K
TypeSH
Market value$294.1K
0.25%
Sole
3.40K
Shared
0.00
None
0.00
SPDR GOLD TR
SOLEShares1.10K
TypeSH
Market value$265.6K
0.23%
Sole
1.10K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
HALLADOR ENERGY COMPANYSOLE | COM | 2.02M | SH | $23.14M 19.93% | 2.02M | 0.00 | 0.00 |
NATURAL GAS SVCS GROUP INCSOLE | COM | 671.33K | SH | $17.99M 15.49% | 671.33K | 0.00 | 0.00 |
ALGOMA STL GROUP INCSOLE | COM | 1.46M | SH | $14.28M 12.30% | 1.46M | 0.00 | 0.00 |
EQUINOX GOLD CORPSOLE | COM | 2.57M | SH | $12.93M 11.14% | 2.57M | 0.00 | 0.00 |
PRECISION DRILLING CORPSOLE | COM NEW | 123.64K | SH | $7.56M 6.51% | 123.64K | 0.00 | 0.00 |
BASSETT FURNITURE INDS INCSOLE | COM | 476.31K | SH | $6.59M 5.67% | 476.31K | 0.00 | 0.00 |
ELDORADO GOLD CORP NEWSOLE | COM | 413.04K | SH | $6.14M 5.29% | 413.04K | 0.00 | 0.00 |
ENERFLEX LTDSOLE | COM | 551.60K | SH | $5.49M 4.73% | 551.60K | 0.00 | 0.00 |
PEABODY ENERGY CORPSOLE | COM | 237.06K | SH | $4.96M 4.27% | 237.06K | 0.00 | 0.00 |
GALIANO GOLD INCSOLE | COM | 2.39M | SH | $2.98M 2.56% | 2.39M | 0.00 | 0.00 |
VERMILION ENERGY INCSOLE | COM | 296.19K | SH | $2.79M 2.40% | 296.19K | 0.00 | 0.00 |
MERCER INTL INCSOLE | COM | 309.50K | SH | $2.01M 1.73% | 309.50K | 0.00 | 0.00 |
HENNESSY ADVISORS INCSOLE | COM | 141.35K | SH | $1.80M 1.55% | 141.35K | 0.00 | 0.00 |
ADAMS RES & ENERGY INCSOLE | COM NEW | 45.02K | SH | $1.70M 1.46% | 45.02K | 0.00 | 0.00 |
WESTWOOD HLDGS GROUP INCSOLE | COM | 100K | SH | $1.45M 1.25% | 100K | 0.00 | 0.00 |
ARDMORE SHIPPING CORPSOLE | COM | 89.76K | SH | $1.09M 0.94% | 89.76K | 0.00 | 0.00 |
ISHARES SILVER TRSOLE | ISHARES | 39.02K | SH | $1.03M 0.88% | 39.02K | 0.00 | 0.00 |
MIND TECHNOLOGY INCSOLE | COM NEW | 89.46K | SH | $710.3K 0.61% | 89.46K | 0.00 | 0.00 |
I-80 GOLD CORPSOLE | COM | 1.13M | SH | $540.7K 0.47% | 1.13M | 0.00 | 0.00 |
SOLITARIO RESOURCES CORPSOLE | COM | 632.46K | SH | $376.0K 0.32% | 632.46K | 0.00 | 0.00 |
WEST FRASER TIMBER CO LTDSOLE | COM | 3.40K | SH | $294.1K 0.25% | 3.40K | 0.00 | 0.00 |
SPDR GOLD TRSOLE | GOLD SHS | 1.10K | SH | $265.6K 0.23% | 1.10K | 0.00 | 0.00 |