Filed: 2/12/2026ACC: 0001104659-26-013708
📋 What this filing means
AEGIS FINANCIAL CORP filed this quarterly 13F‑HR report disclosing 33 equity positions with a total reported market value of $419.29M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
33
Positions
$419.29M
Total AUM (reported)
31.54M
Total Shares
Allocation by class
COM$361.61M86.2%
COM NEW$36.22M8.6%
CL A$16.82M4.0%
CL A NEW$1.97M0.5%
ISHARES$1.14M0.3%
COM SHS$852.7K0.2%
PHYSICAL GOLD AN$342.3K0.1%
Portfolio Concentration
Top 3$157.63M37.6%
4–10$149.55M35.7%
11–25$107.27M25.6%
Rest$4.83M1.2%
Top 3 weight
37.6%
Top 10 weight
73.3%
Voting Authority Distribution
Total shares with voting rights: 31.54M
Sole
Full voting authority
31.54M
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)
Sole33
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings33
Rows:
EQUINOX GOLD CORP
SOLEShares4.47M
TypeSH
Market value$62.97M
15.02%
Sole
4.47M
Shared
0.00
None
0.00
CENOVUS ENERGY INC
SOLEShares3.45M
TypeSH
Market value$58.44M
13.94%
Sole
3.45M
Shared
0.00
None
0.00
PRECISION DRILLING CORP
SOLEShares504.06K
TypeSH
Market value$36.22M
8.64%
Sole
504.06K
Shared
0.00
None
0.00
HALLADOR ENERGY COMPANY
SOLEShares1.81M
TypeSH
Market value$34.54M
8.24%
Sole
1.81M
Shared
0.00
None
0.00
NATURAL GAS SVCS GROUP INC
SOLEShares671.11K
TypeSH
Market value$22.58M
5.39%
Sole
671.11K
Shared
0.00
None
0.00
ADVANSIX INC
SOLEShares1.21M
TypeSH
Market value$20.93M
4.99%
Sole
1.21M
Shared
0.00
None
0.00
MOSAIC CO NEW
SOLEShares853.64K
TypeSH
Market value$20.56M
4.90%
Sole
853.64K
Shared
0.00
None
0.00
RYERSON HLDG CORP
SOLEShares707.39K
TypeSH
Market value$17.80M
4.24%
Sole
707.39K
Shared
0.00
None
0.00
PBF ENERGY INC
SOLEShares620.29K
TypeSH
Market value$16.82M
4.01%
Sole
620.29K
Shared
0.00
None
0.00
GALIANO GOLD INC
SOLEShares6.41M
TypeSH
Market value$16.32M
3.89%
Sole
6.41M
Shared
0.00
None
0.00
NORTH AMERN CONSTR GROUP LTD
SOLEShares1.04M
TypeSH
Market value$14.97M
3.57%
Sole
1.04M
Shared
0.00
None
0.00
TIDEWATER INC NEW
SOLEShares276.53K
TypeSH
Market value$13.97M
3.33%
Sole
276.53K
Shared
0.00
None
0.00
ELDORADO GOLD CORP NEW
SOLEShares387.78K
TypeSH
Market value$13.93M
3.32%
Sole
387.78K
Shared
0.00
None
0.00
VERMILION ENERGY INC
SOLEShares1.32M
TypeSH
Market value$11.00M
2.62%
Sole
1.32M
Shared
0.00
None
0.00
RLJ LODGING TR
SOLEShares1.27M
TypeSH
Market value$9.48M
2.26%
Sole
1.27M
Shared
0.00
None
0.00
ENERFLEX LTD
SOLEShares551.15K
TypeSH
Market value$8.51M
2.03%
Sole
551.15K
Shared
0.00
None
0.00
BASSETT FURNITURE INDS INC
SOLEShares501.12K
TypeSH
Market value$8.40M
2.00%
Sole
501.12K
Shared
0.00
None
0.00
ALGOMA STL GROUP INC
SOLEShares1.79M
TypeSH
Market value$7.32M
1.75%
Sole
1.79M
Shared
0.00
None
0.00
FIRST INTERNET BANCORP
SOLEShares250.32K
TypeSH
Market value$5.22M
1.25%
Sole
250.32K
Shared
0.00
None
0.00
CHATHAM LODGING TR
SOLEShares678.53K
TypeSH
Market value$4.62M
1.10%
Sole
678.53K
Shared
0.00
None
0.00
OLYMPIC STEEL INC
SOLEShares73.52K
TypeSH
Market value$3.15M
0.75%
Sole
73.52K
Shared
0.00
None
0.00
VILLAGE SUPER MKT INC
SOLEShares55.73K
TypeSH
Market value$1.97M
0.47%
Sole
55.73K
Shared
0.00
None
0.00
WESTWOOD HLDGS GROUP INC
SOLEShares99.93K
TypeSH
Market value$1.72M
0.41%
Sole
99.93K
Shared
0.00
None
0.00
I-80 GOLD CORP
SOLEShares1.13M
TypeSH
Market value$1.66M
0.40%
Sole
1.13M
Shared
0.00
None
0.00
HENNESSY ADVISORS INC
SOLEShares141.35K
TypeSH
Market value$1.36M
0.32%
Sole
141.35K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
EQUINOX GOLD CORPSOLE | COM | 4.47M | SH | $62.97M 15.02% | 4.47M | 0.00 | 0.00 |
CENOVUS ENERGY INCSOLE | COM | 3.45M | SH | $58.44M 13.94% | 3.45M | 0.00 | 0.00 |
PRECISION DRILLING CORPSOLE | COM NEW | 504.06K | SH | $36.22M 8.64% | 504.06K | 0.00 | 0.00 |
HALLADOR ENERGY COMPANYSOLE | COM | 1.81M | SH | $34.54M 8.24% | 1.81M | 0.00 | 0.00 |
NATURAL GAS SVCS GROUP INCSOLE | COM | 671.11K | SH | $22.58M 5.39% | 671.11K | 0.00 | 0.00 |
ADVANSIX INCSOLE | COM | 1.21M | SH | $20.93M 4.99% | 1.21M | 0.00 | 0.00 |
MOSAIC CO NEWSOLE | COM | 853.64K | SH | $20.56M 4.90% | 853.64K | 0.00 | 0.00 |
RYERSON HLDG CORPSOLE | COM | 707.39K | SH | $17.80M 4.24% | 707.39K | 0.00 | 0.00 |
PBF ENERGY INCSOLE | CL A | 620.29K | SH | $16.82M 4.01% | 620.29K | 0.00 | 0.00 |
GALIANO GOLD INCSOLE | COM | 6.41M | SH | $16.32M 3.89% | 6.41M | 0.00 | 0.00 |
NORTH AMERN CONSTR GROUP LTDSOLE | COM | 1.04M | SH | $14.97M 3.57% | 1.04M | 0.00 | 0.00 |
TIDEWATER INC NEWSOLE | COM | 276.53K | SH | $13.97M 3.33% | 276.53K | 0.00 | 0.00 |
ELDORADO GOLD CORP NEWSOLE | COM | 387.78K | SH | $13.93M 3.32% | 387.78K | 0.00 | 0.00 |
VERMILION ENERGY INCSOLE | COM | 1.32M | SH | $11.00M 2.62% | 1.32M | 0.00 | 0.00 |
RLJ LODGING TRSOLE | COM | 1.27M | SH | $9.48M 2.26% | 1.27M | 0.00 | 0.00 |
ENERFLEX LTDSOLE | COM | 551.15K | SH | $8.51M 2.03% | 551.15K | 0.00 | 0.00 |
BASSETT FURNITURE INDS INCSOLE | COM | 501.12K | SH | $8.40M 2.00% | 501.12K | 0.00 | 0.00 |
ALGOMA STL GROUP INCSOLE | COM | 1.79M | SH | $7.32M 1.75% | 1.79M | 0.00 | 0.00 |
FIRST INTERNET BANCORPSOLE | COM | 250.32K | SH | $5.22M 1.25% | 250.32K | 0.00 | 0.00 |
CHATHAM LODGING TRSOLE | COM | 678.53K | SH | $4.62M 1.10% | 678.53K | 0.00 | 0.00 |
OLYMPIC STEEL INCSOLE | COM | 73.52K | SH | $3.15M 0.75% | 73.52K | 0.00 | 0.00 |
VILLAGE SUPER MKT INCSOLE | CL A NEW | 55.73K | SH | $1.97M 0.47% | 55.73K | 0.00 | 0.00 |
WESTWOOD HLDGS GROUP INCSOLE | COM | 99.93K | SH | $1.72M 0.41% | 99.93K | 0.00 | 0.00 |
I-80 GOLD CORPSOLE | COM | 1.13M | SH | $1.66M 0.40% | 1.13M | 0.00 | 0.00 |
HENNESSY ADVISORS INCSOLE | COM | 141.35K | SH | $1.36M 0.32% | 141.35K | 0.00 | 0.00 |
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