AEGIS FINANCIAL CORP
Reported holdings as of Q2 2026, from 15 quarterly filings.
Holdings
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| CENOVUS ENERGY INC | CVE | $85.6M | 3,451,821 | -2.25pp | 4q | HELD | |
| PRECISION DRILLING CORP | PDS | $38.7M | 504,059 | -2.41pp | 10q | HELD | |
| EQUINOX GOLD CORP | EQX | $37.7M | 3,870,237 | -3.67pp | 15q | HELD | |
| HARLEY DAVIDSON INC | HOG | $33.5M | 1,369,000 | +0.52pp | 2q | HELD | |
| HALLADOR ENERGY COMPANY | HNRG | $31.5M | 1,812,026 | -0.11pp | 15q | HELD | |
| RADIAN GROUP INC | RDN | $30.8M | 817,512 | +3.18pp | 2q | +176.9%+$19.7M | |
| VERMILION ENERGY INC | VET | $30.5M | 3,260,428 | -1.24pp | 13q | +27.3%+$6.5M | |
| PBF ENERGY INC | PBF | $28.2M | 620,289 | -0.63pp | 5q | HELD | |
| RYERSON HLDG CORP | RYZ | $27.5M | 1,116,978 | +0.02pp | 3q | HELD | |
| GALIANO GOLD INC | GAU | $26.4M | 14,125,317 | +1.41pp | 8q | +120.4%+$14.4M | |
| NATURAL GAS SVCS GROUP INC | NGS | $25.2M | 584,872 | +0.17pp | 13q | HELD | |
| RLJ LODGING TR | RLJ | $24.3M | 2,049,425 | +1.28pp | 3q | +2.5%+$592.5K | |
| ADVANSIX INC | ASIX | $24.0M | 1,209,629 | -1.29pp | 3q | HELD | |
| PARK HOTELS & RESORTS INC | PK | $21.7M | 1,525,283 | - | new | NEW | |
| SM ENERGY COMPANY | SM | $20.3M | 778,851 | +0.25pp | 2q | +41.2%+$5.9M | |
| TIDEWATER INC NEW | TDW | $18.4M | 276,529 | -1.07pp | 6q | HELD | |
| MOSAIC CO | MOS | $18.1M | 853,638 | -0.89pp | 3q | HELD | |
| MOHAWK INDS INC | MHK | $17.7M | 146,295 | - | new | NEW | |
| NORTH AMERN CONSTR GROUP LTD | NOA | $13.8M | 1,038,177 | -0.23pp | 4q | HELD | |
| ENERFLEX LTD | EFXT | $13.5M | 551,151 | +0.16pp | 15q | HELD | |
| ELDORADO GOLD CORP NEW | EGO | $12.1M | 387,779 | -0.38pp | 15q | HELD | |
| FIRST INTERNET BANCORP | INBK | $9.8M | 354,261 | +0.31pp | 3q | HELD | |
| BASSETT FURNITURE INDS INC | BSET | $9.8M | 550,413 | +0.26pp | 15q | +4.4%+$414.9K | |
| CHATHAM LODGING TR | CLDT | $9.0M | 678,530 | +0.50pp | 3q | HELD | |
| ALGOMA STL GROUP INC | ASTL | $7.2M | 1,786,122 | -0.13pp | 15q | HELD | |
| GREENFIRE RES LTD NEW | GFR | $4.4M | 777,716 | +0.24pp | 3q | +86.3%+$2.0M | |
| VILLAGE SUPER MKT INC | VLGEA | $2.4M | 55,733 | -0.03pp | 3q | HELD | |
| ACACIA RESH CORP | ACTG | $2.3M | 491,086 | -0.05pp | 2q | HELD | |
| WESTWOOD HLDGS GROUP INC | WHG | $1.9M | 99,926 | +0.02pp | 15q | HELD | |
| HENNESSY ADVISORS INC | HNNA | $1.7M | 170,768 | +0.04pp | 13q | +20.8%+$298.6K | |
| I-80 GOLD CORP | IAUX | $1.6M | 1,126,349 | -0.04pp | 15q | HELD | |
| ARDMORE SHIPPING CORP | ASC | $1.3M | 89,612 | -0.04pp | 15q | HELD | |
| SOLITARIO RESOURCES CORP | XPL | $475.9K | 632,458 | -0.01pp | 15q | HELD | |
| ISHARES SILVER TR | SLV | $472.8K | 8,842 | -0.03pp | 15q | HELD | |
| SPDR GOLD TR | GLD | $305.0K | 828 | -0.01pp | 11q | HELD | |
| SPROTT ASSET MANAGEMENT LP | CEF | $300.7K | 7,474 | -0.01pp | 6q | HELD | |
| WEST FRASER TIMBER CO LTD | WFG | $212.6K | 3,142 | flat | 2q | HELD | |
| MERCER INTL INC | MERC | $203.9K | 308,927 | -0.04pp | 15q | HELD | |
| DAKOTA GOLD CORP | DC | $127.8K | 30,000 | -0.01pp | 5q | HELD |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Energy | $246.8M | 39.0% |
| Mining & Metals | $85.6M | 13.5% |
| Chemicals | $42.1M | 6.7% |
| Autos & Aerospace | $33.5M | 5.3% |
| Real Estate | $33.3M | 5.3% |
| Utilities | $31.5M | 5.0% |
| Insurance | $30.8M | 4.9% |
| Wholesale & Distribution | $27.5M | 4.3% |
| Business Services | $21.7M | 3.4% |
| Retail & Consumer | $20.1M | 3.2% |
| Transport & Logistics | $19.7M | 3.1% |
| Industrials | $13.7M | 2.2% |
| Other sectors | $26.8M | 4.2% |
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $633.2M | 39 | 2 | 8 | 0 | 0 | 58.5% | 43 |
| Q1 2026 | $580.5M | 37 | 5 | 6 | 3 | 1 | 68.3% | 43 |
| Q4 2025 | $419.3M | 33 | 9 | 5 | 5 | 2 | 73.3% | 43 |
| Q3 2025 | $261.3M | 26 | 2 | 3 | 0 | 1 | 86.1% | 43 |
| Q2 2025 | $169.9M | 25 | 2 | 6 | 6 | 0 | 88.0% | 42 |
| Q1 2025 | $117.2M | 23 | 2 | 2 | 3 | 1 | 89.1% | 39 |
| Q4 2024 | $116.1M | 22 | 0 | 2 | 4 | 1 | 87.9% | 43 |
| Q3 2024 | $117.3M | 23 | 2 | 2 | 2 | 4 | 88.4% | 43 |
| Q2 2024 | $103.9M | 25 | 1 | 0 | 3 | 3 | 85.9% | 39 |
| Q1 2024 | $117.8M | 27 | 1 | 0 | 11 | 5 | 80.3% | 40 |
| Q4 2023 | $165.1M | 31 | 1 | 3 | 2 | 0 | 72.4% | 39 |
| Q3 2023 | $164.1M | 30 | 0 | 3 | 3 | 1 | 74.9% | 20 |
| Q2 2023 | $143.7M | 31 | 4 | 4 | 4 | 0 | 70.8% | 21 |
| Q1 2023 | $128.9M | 27 | 0 | 20 | 1 | 1 | 75.5% | 42 |
| Q4 2022 | $113.5M | 28 | 0 | 0 | 0 | 0 | 74.3% | 41 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.