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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 (2016Q2)
Portfolio Summary: 284 holdings with a total value of $580,547,000.
#
Name
Shares
Value ($)
%
Options
Notes
151 NATIONAL BEVERAGE CORP COM 69 4,000 0.00%
152 CHEMTURA CORP 114 3,000 0.00%
153 TRC COS INC 401 3,000 0.00%
154 1st Source Corp 79 3,000 0.00%
155 UNIFIRST CORP MASS COM 25 3,000 0.00%
156 ONEBEACON INSURANCE 187 3,000 0.00%
157 FIRST CMNTY BANKSHARES INC V 119 3,000 0.00%
158 CAMDEN NATL CORP 80 3,000 0.00%
159 SONIC AUTOMOTIVE INC CL A 168 3,000 0.00%
160 BANCFIRST CORPORATION COM 53 3,000 0.00%
161 INDEPENDENCE HLDG CO NEW 160 3,000 0.00%
162 BANCO LATINOAMERICANO DE COMER 107 3,000 0.00%
163 Southern Missouri Bancorp Inc 109 3,000 0.00%
164 MARINE PRODS CORP 300 3,000 0.00%
165 NELNET INC 78 3,000 0.00%
166 Premier Financial Bancorp Inc 150 3,000 0.00%
167 AVX CORP NEW 196 3,000 0.00%
168 HYSTER YALE MATLS HANDLING I 56 3,000 0.00%
169 GLATFELTER 156 3,000 0.00%
170 SAUL CENTERS INC 55 3,000 0.00%
171 TUTOR PERINI CORP 139 3,000 0.00%
172 ENTERCOM COMMUNICATIONS CORP 200 3,000 0.00%
173 GGCP Holdings LLC 94 3,000 0.00%
174 WESTERN REFNG INC 147 3,000 0.00%
175 PARK OHIO HLDGS CORP COM 122 3,000 0.00%
176 UNIVERSAL LOGISTICS HLDGS IN 217 3,000 0.00%
177 Syntel Inc Com 68 3,000 0.00%
178 FIRST INTST BANCSYSTEM INC 111 3,000 0.00%
179 MGE ENERGY INC 55 3,000 0.00%
180 GLOBAL SOURCES LTD 313 3,000 0.00%
181 KIMBALL ELECTRONICS INC COM 215 3,000 0.00%
182 NATIONAL HEALTHCARE CORP COM 44 3,000 0.00%
183 KEMPER CORP 105 3,000 0.00%
184 CHEMUNG FINL CORP COM 100 3,000 0.00%
185 ALEXANDERS INC 7 3,000 0.00%
186 FIRST CTZNS BANCSHARES INC N 12 3,000 0.00%
187 INTERNATIONAL BANCSHARES COR 116 3,000 0.00%
188 LAKE SUNAPEE BK GROUP 156 3,000 0.00%
189 TESSCO TECHNOLOGIES INC COM 200 3,000 0.00%
190 TELETECH HOLDINGS INCORPORATED 114 3,000 0.00%
191 MARLIN BUSINESS SVCS CORP 206 3,000 0.00%
192 CSS INDS INC 62 2,000 0.00%
193 MidWestOne Finl Group Inc NE 72 2,000 0.00%
194 DONEGAL GROUP INC 135 2,000 0.00%
195 WAYSIDE TECHNOLOGY GROUP INC 12,295 2,000 0.00%
196 HALLADOR ENERGY COMPANY 331 2,000 0.00%
197 MARCUS CORP DEL COM 100 2,000 0.00%
198 ADAMS RES & ENERGY INC 61 2,000 0.00%
199 UNITED STATES LIME & MINERAL 38 2,000 0.00%
200 SUPREME INDS INC 133 2,000 0.00%
Page 4 of 6

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001142941-16-000022, filed 2016.07.14).

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.