DENALI ADVISORS LLC

PrivateCIK: 1142941

Location

SAN DIEGO, CA

318

Positions

$993.03M

Total AUM (reported)

19.68M

Total Shares

Allocation by class

COM$718.99M72.4%

CL A$65.63M6.6%

CAP STK CL C$37.45M3.8%

COMMON STOCK$20.98M2.1%

COM NEW$19.92M2.0%

SHS$14.08M1.4%

ORD$12.05M1.2%

Portfolio Concentration

Top 3$110.67M11.1%

4–10$104.05M10.5%

11–25$138.55M14.0%

Rest$639.76M64.4%

Top 3 weight

11.1%

Top 10 weight

21.6%

Voting Authority Distribution

Total shares with voting rights: 19.68M

Sole

Full voting authority

5.59M

% of voting shares28.4%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

14.09M

% of voting shares71.6%

Investment Discretion (by position count)

Sole318

Shared0

Other0

Dominant voting typeNone · 71.6% of voting shares

Institutional Holdings318

Rows:

NVIDIA CORPORATION

SOLE

COM

Shares219.39K

TypeSH

Market value$43.90M

4.42%

Sole

111.48K

Shared

0.00

None

107.91K

ALPHABET INC

SOLE

CAP STK CL C

Shares105.99K

TypeSH

Market value$37.45M

3.77%

Sole

56.49K

Shared

0.00

None

49.50K

APPLE INC

SOLE

COM

Shares101.32K

TypeSH

Market value$29.32M

2.95%

Sole

58.25K

Shared

0.00

None

43.08K

MICROSOFT CORP

SOLE

COM

Shares57.37K

TypeSH

Market value$21.40M

2.15%

Sole

31.33K

Shared

0.00

None

26.04K

AMAZON COM INC

SOLE

COM

Shares68.89K

TypeSH

Market value$16.42M

1.65%

Sole

52.74K

Shared

0.00

None

16.15K

ELI LILLY & CO

SOLE

COM

Shares12.92K

TypeSH

Market value$15.49M

1.56%

Sole

7.76K

Shared

0.00

None

5.16K

BROADCOM INC

SOLE

COM

Shares40.97K

TypeSH

Market value$15.48M

1.56%

Sole

11.30K

Shared

0.00

None

29.67K

META PLATFORMS INC

SOLE

CL A

Shares22.70K

TypeSH

Market value$12.79M

1.29%

Sole

13.89K

Shared

0.00

None

8.81K

CATERPILLAR INC

SOLE

COM

Shares11.04K

TypeSH

Market value$11.75M

1.18%

Sole

7.79K

Shared

0.00

None

3.24K

ADVANCED MICRO DEVICES INC

SOLE

COM

Shares18.47K

TypeSH

Market value$10.73M

1.08%

Sole

10.91K

Shared

0.00

None

7.56K

FLEX LTD

SOLE

ORD

Shares66.15K

TypeSH

Market value$10.72M

1.08%

Sole

62.35K

Shared

0.00

None

3.79K

APPLIED MATLS INC

SOLE

COM

Shares14.65K

TypeSH

Market value$10.59M

1.07%

Sole

Shared

0.00

None

5.65K

M/I HOMES INC

SOLE

COM

Shares61.45K

TypeSH

Market value$9.88M

0.99%

Sole

14.10K

Shared

0.00

None

47.34K

WALMART INC

SOLE

COM

Shares83.10K

TypeSH

Market value$9.41M

0.95%

Sole

54.26K

Shared

0.00

None

28.84K

CARDINAL HEALTH INC

SOLE

COM

Shares39.37K

TypeSH

Market value$9.35M

0.94%

Sole

33.31K

Shared

0.00

None

6.05K

TESLA INC

SOLE

COM

Shares22.03K

TypeSH

Market value$9.26M

0.93%

Sole

10.73K

Shared

0.00

None

11.29K

FORESTAR GROUP INC

SOLE

COM

Shares292.66K

TypeSH

Market value$9.26M

0.93%

Sole

67.30K

Shared

0.00

None

225.36K

ENTERPRISE FINL SVCS CORP

SOLE

COM

Shares135.10K

TypeSH

Market value$8.90M

0.90%

Sole

30.70K

Shared

0.00

None

104.40K

CONSENSUS CLOUD SOLUTIONS IN

SOLE

COM

Shares230.92K

TypeSH

Market value$8.81M

0.89%

Sole

53.40K

Shared

0.00

None

177.52K

WILLIS LEASE FIN CORP

SOLE

COM

Shares38.45K

TypeSH

Market value$8.80M

0.89%

Sole

Shared

0.00

None

29.45K

MERCHANTS BANCORP IND

SOLE

COM

Shares174.58K

TypeSH

Market value$8.73M

0.88%

Sole

40K

Shared

0.00

None

134.58K

LAM RESEARCH CORP

SOLE

COM NEW

Shares20.14K

TypeSH

Market value$8.73M

0.88%

Sole

13.35K

Shared

0.00

None

6.79K

GREEN BRICK PARTNERS INC

SOLE

COM

Shares108.87K

TypeSH

Market value$8.71M

0.88%

Sole

25.30K

Shared

0.00

None

83.57K

CATHAY GEN BANCORP

SOLE

COM

Shares140.30K

TypeSH

Market value$8.70M

0.88%

Sole

33.20K

Shared

0.00

None

107.10K

MERCURY GENL CORP NEW

SOLE

COM

Shares81.53K

TypeSH

Market value$8.69M

0.88%

Sole

18.70K

Shared

0.00

None

62.84K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
NVIDIA CORPORATIONSOLE	COM	219.39K	SH	$43.90M 4.42%	111.48K	107.91K
ALPHABET INCSOLE	CAP STK CL C	105.99K	SH	$37.45M 3.77%	56.49K	49.50K
APPLE INCSOLE	COM	101.32K	SH	$29.32M 2.95%	58.25K	43.08K
MICROSOFT CORPSOLE	COM	57.37K	SH	$21.40M 2.15%	31.33K	26.04K
AMAZON COM INCSOLE	COM	68.89K	SH	$16.42M 1.65%	52.74K	16.15K
ELI LILLY & COSOLE	COM	12.92K	SH	$15.49M 1.56%	7.76K	5.16K
BROADCOM INCSOLE	COM	40.97K	SH	$15.48M 1.56%	11.30K	29.67K
META PLATFORMS INCSOLE	CL A	22.70K	SH	$12.79M 1.29%	13.89K	8.81K
CATERPILLAR INCSOLE	COM	11.04K	SH	$11.75M 1.18%	7.79K	3.24K
ADVANCED MICRO DEVICES INCSOLE	COM	18.47K	SH	$10.73M 1.08%	10.91K	7.56K
FLEX LTDSOLE	ORD	66.15K	SH	$10.72M 1.08%	62.35K	3.79K
APPLIED MATLS INCSOLE	COM	14.65K	SH	$10.59M 1.07%	9K	5.65K
M/I HOMES INCSOLE	COM	61.45K	SH	$9.88M 0.99%	14.10K	47.34K
WALMART INCSOLE	COM	83.10K	SH	$9.41M 0.95%	54.26K	28.84K
CARDINAL HEALTH INCSOLE	COM	39.37K	SH	$9.35M 0.94%	33.31K	6.05K
TESLA INCSOLE	COM	22.03K	SH	$9.26M 0.93%	10.73K	11.29K
FORESTAR GROUP INCSOLE	COM	292.66K	SH	$9.26M 0.93%	67.30K	225.36K
ENTERPRISE FINL SVCS CORPSOLE	COM	135.10K	SH	$8.90M 0.90%	30.70K	104.40K
CONSENSUS CLOUD SOLUTIONS INSOLE	COM	230.92K	SH	$8.81M 0.89%	53.40K	177.52K
WILLIS LEASE FIN CORPSOLE	COM	38.45K	SH	$8.80M 0.89%	9K	29.45K
MERCHANTS BANCORP INDSOLE	COM	174.58K	SH	$8.73M 0.88%	40K	134.58K
LAM RESEARCH CORPSOLE	COM NEW	20.14K	SH	$8.73M 0.88%	13.35K	6.79K
GREEN BRICK PARTNERS INCSOLE	COM	108.87K	SH	$8.71M 0.88%	25.30K	83.57K
CATHAY GEN BANCORPSOLE	COM	140.30K	SH	$8.70M 0.88%	33.20K	107.10K
MERCURY GENL CORP NEWSOLE	COM	81.53K	SH	$8.69M 0.88%	18.70K	62.84K

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