Institutions / DENALI ADVISORS LLC / Holdings

Denali Advisors LLC

All holdings · as of Mar 31, 2026

Company	Class	Value	Shares	% of portfolio
NVIDIA Corp	—	$38.12M	218,566	4.2%
Apple Inc.	—	$30.08M	118,540	3.3%
Alphabet Inc.	—	$26.47M	92,288	2.9%
MICROSOFT CORP	—	$25.81M	69,715	2.9%
Amazon.com Inc	—	$16.99M	81,586	1.9%
Meta Platforms Inc	—	$13.63M	23,822	1.5%
Broadcom Inc.	—	$12.68M	40,984	1.4%
Walmart Inc.	—	$10.31M	82,963	1.1%
AT&T INC.	—	$10.30M	355,170	1.1%
Netflix Inc	—	$9.90M	102,927	1.1%
Ingles Markets Inc	—	$8.70M	96,800	1.0%
COSTCO WHOLESALE CORP /NEW	—	$8.59M	8,619	1.0%
ELI LILLY & Co	—	$8.55M	9,292	0.9%
Merchants BancorpMBIN	Common Stock	$8.36M	194,710	0.9%
Northern Oil & Gas Inc	—	$8.34M	285,461	0.9%
CARDINAL HEALTH INC	—	$8.29M	39,216	0.9%
1ST SOURCE CORP	—	$8.28M	119,600	0.9%
Tesla Inc	—	$8.17M	21,990	0.9%
BANK OF N T BUTTERFIELD & SO	—	$8.13M	154,869	0.9%
CABOT CORP	—	$8.05M	106,919	0.9%
AGNICO EAGLE MINES LTD	—	$8.00M	39,507	0.9%
NATIONAL BEVERAGE CORP	—	$7.96M	236,519	0.9%
FIRST MERCHANTS CORP	—	$7.95M	205,200	0.9%
CATHAY GENERAL BANCORP	—	$7.93M	159,062	0.9%
Otter Tail Corp	—	$7.89M	89,909	0.9%
International Bancshares Corporation	—	$7.89M	117,217	0.9%
Palantir Technologies Inc	—	$7.85M	53,662	0.9%
FIRST FINANCIAL BANCORP /OH	—	$7.83M	280,700	0.9%
NMI Holdings, Inc.	—	$7.81M	208,300	0.9%
Greif, Inc	—	$7.78M	115,951	0.9%
ALTRIA GROUP, INC.	—	$7.73M	117,199	0.9%
Rush Enterprises Inc	—	$7.73M	116,911	0.9%
Enterprise Financial Services Corp	—	$7.62M	140,800	0.8%
HAMILTON INSURANCE GROUP LTD	—	$7.48M	250,800	0.8%
Enact Holdings, Inc.ACT	Common Stock	$7.44M	182,288	0.8%
Green Brick Partners, Inc.	—	$7.39M	114,674	0.8%
TEEKAY TANKERS LTD	—	$7.38M	100,690	0.8%
M/I HOMES, INC.	—	$7.27M	59,345	0.8%
Forestar Group Inc	—	$7.19M	293,991	0.8%
WILLIS LEASE FINANCE CORPWLFC	Common Stock	$6.97M	40,952	0.8%
GREENBRIER COMPANIES INC	—	$6.95M	131,941	0.8%
F&G Annuities & Life, Inc.FG	Common Stock	$6.93M	273,600	0.8%
CATERPILLAR INC	—	$6.87M	9,697	0.8%
ARES CAPITAL CORPARCC	Common Stock	$6.80M	377,611	0.8%
SANDRIDGE ENERGY INC	—	$6.65M	407,451	0.7%
COSTAMARE INC	—	$6.60M	390,777	0.7%
S&T BANCORP INC	—	$6.35M	151,800	0.7%
Consensus Cloud Solutions, Inc.	—	$6.34M	267,184	0.7%
SM Energy Co	—	$6.32M	202,800	0.7%
WASTE MANAGEMENT INC	—	$6.14M	26,726	0.7%