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Institutional Investment Manager
DENALI ADVISORS LLC
DENALI ADVISORS LLC (CIK: 0001142941) incorporated in Delaware, located at 5075 Shoreham Place, San Diego, CA. Institutional holdings reported to the SEC.

Institutional Holdings (2015Q2)
Portfolio Summary: 288 holdings with a total value of $459,701,000.
#
Name
Shares
Value ($)
%
Options
Notes
251 DTE ENERGY CO 58,100 4,337,000 0.94%
252 AMERICAN FINL GROUP INC OHIO 71,000 4,618,000 1.00%
253 ASSURED GUARANTY LTD COM 194,500 4,666,000 1.02%
254 ALLY FINL INC 208,600 4,679,000 1.02%
255 ATWOOD OCEANICS INC 183,500 4,852,000 1.06%
256 JONES LANG LASALLE 28,600 4,891,000 1.06%
257 GOODYEAR TIRE & RUBR CO 169,400 5,107,000 1.11%
258 SUN CMNTYS INC 84,400 5,218,000 1.14%
259 FRANKLIN RESOURCES INC 107,900 5,290,000 1.15%
260 AMDOCS LTD 96,900 5,290,000 1.15%
261 AFLAC INC 85,800 5,337,000 1.16%
262 BRUNSWICK CORP 113,000 5,747,000 1.25%
263 Santander Consumer USA Holdings Inc 225,300 5,761,000 1.25%
264 FIFTH THIRD BANCORP 276,700 5,761,000 1.25%
265 HORMEL FOODS CORP 103,400 5,829,000 1.27%
266 SUNTRUST BKS INC 142,400 6,126,000 1.33%
267 SOUTHERN COPPER CORP 211,900 6,232,000 1.36%
268 ARROW ELECTRONICS 128,900 7,193,000 1.56%
269 INTERNATIONAL BUSINESS MACHS 46,000 7,482,000 1.63%
270 DELTA AIRLINES INC DEL 183,100 7,522,000 1.64%
271 REINSURANCE GROUP AMER INC 83,300 7,903,000 1.72%
272 NORTHROP GRUMMAN CORP 49,900 7,916,000 1.72%
273 NAVIENT 441,400 8,038,000 1.75%
274 ACE LTD 79,100 8,043,000 1.75%
275 DST SYS INC DEL 67,000 8,441,000 1.84%
276 PATTERSON COS INC 177,800 8,650,000 1.88%
277 ARCH CAP GROUP LTD 129,400 8,665,000 1.88%
278 QUINTILES IMS HOLDINGS INC 120,700 8,764,000 1.91%
279 CIGNA CORPORATION 61,600 9,979,000 2.17%
280 WAL-MART STORES INC 142,300 10,093,000 2.20%
281 CHEVRON CORP NEW 106,500 10,274,000 2.23%
282 PILGRIMS PRIDE CORP NEW 483,600 11,108,000 2.42%
283 AVNET INC 280,100 11,515,000 2.50%
284 LEAR CORP 109,700 12,315,000 2.68%
285 JPMORGAN CHASE & CO 189,200 12,820,000 2.79%
286 CA INC 448,300 13,131,000 2.86%
287 EVEREST RE GROUP LTD 81,100 14,761,000 3.21%
288 EXXON MOBIL CORP 193,000 16,058,000 3.49%
Page 6 of 6

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001142941-15-000014, filed 2015.07.09).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.