Filed: 5/8/2026ACC: 0001398344-26-008814
📋 What this filing means
DENALI ADVISORS LLC filed this quarterly 13F‑HR report disclosing 307 equity positions with a total reported market value of $899.71M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
307
Positions
$899.71M
Total AUM (reported)
21.53M
Total Shares
Allocation by class
COM$643.49M71.5%
CL A$74.42M8.3%
CAP STK CL C$26.47M2.9%
COMMON STOCK$20.25M2.3%
COM NEW$16.07M1.8%
COM CL A$13.30M1.5%
SHS$11.94M1.3%
Portfolio Concentration
Top 3$94.68M10.5%
4–10$99.62M11.1%
11–25$123.18M13.7%
Rest$582.24M64.7%
Top 3 weight
10.5%
Top 10 weight
21.6%
Voting Authority Distribution
Total shares with voting rights: 21.53M
Sole
Full voting authority
5.67M
shares
% of voting shares26.3%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
15.86M
shares
% of voting shares73.7%
Investment Discretion (by position count)
Sole307
Shared0
Other0
Dominant voting typeNone · 73.7% of voting shares
Institutional Holdings307
Rows:
NVIDIA CORPORATION
SOLEShares218.57K
TypeSH
Market value$38.12M
4.24%
Sole
111.59K
Shared
0.00
None
106.98K
APPLE INC
SOLEShares118.54K
TypeSH
Market value$30.08M
3.34%
Sole
56.98K
Shared
0.00
None
61.56K
ALPHABET INC
SOLEShares92.29K
TypeSH
Market value$26.47M
2.94%
Sole
56.24K
Shared
0.00
None
36.05K
MICROSOFT CORP
SOLEShares69.72K
TypeSH
Market value$25.81M
2.87%
Sole
31.70K
Shared
0.00
None
38.01K
AMAZON COM INC
SOLEShares81.59K
TypeSH
Market value$16.99M
1.89%
Sole
46.17K
Shared
0.00
None
35.42K
META PLATFORMS INC
SOLEShares23.82K
TypeSH
Market value$13.63M
1.51%
Sole
13.94K
Shared
0.00
None
9.89K
BROADCOM INC
SOLEShares40.98K
TypeSH
Market value$12.68M
1.41%
Sole
11.35K
Shared
0.00
None
29.64K
WALMART INC
SOLEShares82.96K
TypeSH
Market value$10.31M
1.15%
Sole
54.30K
Shared
0.00
None
28.67K
AT&T INC
SOLEShares355.17K
TypeSH
Market value$10.30M
1.14%
Sole
253.04K
Shared
0.00
None
102.13K
NETFLIX INC.
SOLEShares102.93K
TypeSH
Market value$9.90M
1.10%
Sole
68.81K
Shared
0.00
None
34.12K
INGLES MKTS INC
SOLEShares96.80K
TypeSH
Market value$8.70M
0.97%
Sole
20.60K
Shared
0.00
None
76.20K
COSTCO WHOLESALE CORPORATION
SOLEShares8.62K
TypeSH
Market value$8.59M
0.95%
Sole
5.59K
Shared
0.00
None
3.03K
ELI LILLY & CO
SOLEShares9.29K
TypeSH
Market value$8.55M
0.95%
Sole
4.88K
Shared
0.00
None
4.41K
MERCHANTS BANCORP IND
SOLEShares194.71K
TypeSH
Market value$8.36M
0.93%
Sole
42.40K
Shared
0.00
None
152.31K
NORTHERN OIL & GAS INC
SOLEShares285.46K
TypeSH
Market value$8.34M
0.93%
Sole
59.10K
Shared
0.00
None
226.36K
CARDINAL HEALTH INC
SOLEShares39.22K
TypeSH
Market value$8.29M
0.92%
Sole
33.24K
Shared
0.00
None
5.98K
1ST SOURCE CORP
SOLEShares119.60K
TypeSH
Market value$8.28M
0.92%
Sole
26.30K
Shared
0.00
None
93.30K
TESLA INC
SOLEShares21.99K
TypeSH
Market value$8.17M
0.91%
Sole
10.74K
Shared
0.00
None
11.25K
BANK OF N T BUTTERFIELD & SO
SOLEShares154.87K
TypeSH
Market value$8.13M
0.90%
Sole
32.60K
Shared
0.00
None
122.27K
CABOT CORP
SOLEShares106.92K
TypeSH
Market value$8.05M
0.89%
Sole
22.20K
Shared
0.00
None
84.72K
AGNICO EAGLE MINES LTD
SOLEShares39.51K
TypeSH
Market value$8.00M
0.89%
Sole
35.59K
Shared
0.00
None
3.92K
NATIONAL BEVERAGE CORP
SOLEShares236.52K
TypeSH
Market value$7.96M
0.88%
Sole
51K
Shared
0.00
None
185.52K
FIRST MERCHANTS CORP
SOLEShares205.20K
TypeSH
Market value$7.95M
0.88%
Sole
44.40K
Shared
0.00
None
160.80K
CATHAY GEN BANCORP
SOLEShares159.06K
TypeSH
Market value$7.93M
0.88%
Sole
35.70K
Shared
0.00
None
123.36K
OTTER TAIL CORP
SOLEShares89.91K
TypeSH
Market value$7.89M
0.88%
Sole
18.30K
Shared
0.00
None
71.61K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
NVIDIA CORPORATIONSOLE | COM | 218.57K | SH | $38.12M 4.24% | 111.59K | 0.00 | 106.98K |
APPLE INCSOLE | COM | 118.54K | SH | $30.08M 3.34% | 56.98K | 0.00 | 61.56K |
ALPHABET INCSOLE | CAP STK CL C | 92.29K | SH | $26.47M 2.94% | 56.24K | 0.00 | 36.05K |
MICROSOFT CORPSOLE | COM | 69.72K | SH | $25.81M 2.87% | 31.70K | 0.00 | 38.01K |
AMAZON COM INCSOLE | COM | 81.59K | SH | $16.99M 1.89% | 46.17K | 0.00 | 35.42K |
META PLATFORMS INCSOLE | CL A | 23.82K | SH | $13.63M 1.51% | 13.94K | 0.00 | 9.89K |
BROADCOM INCSOLE | COM | 40.98K | SH | $12.68M 1.41% | 11.35K | 0.00 | 29.64K |
WALMART INCSOLE | COM | 82.96K | SH | $10.31M 1.15% | 54.30K | 0.00 | 28.67K |
AT&T INCSOLE | COM | 355.17K | SH | $10.30M 1.14% | 253.04K | 0.00 | 102.13K |
NETFLIX INC.SOLE | COM | 102.93K | SH | $9.90M 1.10% | 68.81K | 0.00 | 34.12K |
INGLES MKTS INCSOLE | CL A | 96.80K | SH | $8.70M 0.97% | 20.60K | 0.00 | 76.20K |
COSTCO WHOLESALE CORPORATIONSOLE | COM | 8.62K | SH | $8.59M 0.95% | 5.59K | 0.00 | 3.03K |
ELI LILLY & COSOLE | COM | 9.29K | SH | $8.55M 0.95% | 4.88K | 0.00 | 4.41K |
MERCHANTS BANCORP INDSOLE | COM | 194.71K | SH | $8.36M 0.93% | 42.40K | 0.00 | 152.31K |
NORTHERN OIL & GAS INCSOLE | COM | 285.46K | SH | $8.34M 0.93% | 59.10K | 0.00 | 226.36K |
CARDINAL HEALTH INCSOLE | COM | 39.22K | SH | $8.29M 0.92% | 33.24K | 0.00 | 5.98K |
1ST SOURCE CORPSOLE | COM | 119.60K | SH | $8.28M 0.92% | 26.30K | 0.00 | 93.30K |
TESLA INCSOLE | COM | 21.99K | SH | $8.17M 0.91% | 10.74K | 0.00 | 11.25K |
BANK OF N T BUTTERFIELD & SOSOLE | SHS NEW | 154.87K | SH | $8.13M 0.90% | 32.60K | 0.00 | 122.27K |
CABOT CORPSOLE | COM | 106.92K | SH | $8.05M 0.89% | 22.20K | 0.00 | 84.72K |
AGNICO EAGLE MINES LTDSOLE | COM | 39.51K | SH | $8.00M 0.89% | 35.59K | 0.00 | 3.92K |
NATIONAL BEVERAGE CORPSOLE | COM | 236.52K | SH | $7.96M 0.88% | 51K | 0.00 | 185.52K |
FIRST MERCHANTS CORPSOLE | COM | 205.20K | SH | $7.95M 0.88% | 44.40K | 0.00 | 160.80K |
CATHAY GEN BANCORPSOLE | COM | 159.06K | SH | $7.93M 0.88% | 35.70K | 0.00 | 123.36K |
OTTER TAIL CORPSOLE | COM | 89.91K | SH | $7.89M 0.88% | 18.30K | 0.00 | 71.61K |
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