# AEGIS FINANCIAL CORP: Form 13F holdings

An institutional investment manager in MC LEAN, VA. SEC CIK 1140753.

- Quarter ended: 2026-06-30
- Filed: 2026-08-12
- Reported value: $633.2m
- Positions: 39 (39 lines in the filing's table; lines for the same security and option type are added together here)
- Compared with: the 13F for the quarter ended 2026-03-31
- Filing: https://www.sec.gov/Archives/edgar/data/1140753/000110465926094352/

## Holdings

As filed, largest first. Reported value is what the manager stated at the quarter end (Jun 30, 2026), in US dollars; it is filing data, not a price. Weight is the share of the total reported value.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [CENOVUS ENERGY INC (CVE)](/companies/cve.md) | COM | $85.6m | 13.5% | 3,451,821 |  | Unchanged |
| [PRECISION DRILLING CORP (PDS)](/companies/pds.md) | COM NEW | $38.7m | 6.1% | 504,059 |  | Unchanged |
| [EQUINOX GOLD CORP (EQX)](/companies/eqx.md) | COM | $37.7m | 6.0% | 3,870,237 |  | Reduced −10,727 |
| [HARLEY DAVIDSON INC (HOG)](/companies/hog.md) | COM | $33.5m | 5.3% | 1,369,000 |  | Unchanged |
| [HALLADOR ENERGY COMPANY (HNRG)](/companies/hnrg.md) | COM | $31.5m | 5.0% | 1,812,026 |  | Reduced −2,000 |
| [RADIAN GROUP INC (RDN)](/companies/rdn.md) | COM | $30.8m | 4.9% | 817,512 |  | Added +522,238 |
| [VERMILION ENERGY INC (VET)](/companies/vet.md) | COM | $30.5m | 4.8% | 3,260,428 |  | Added +700,000 |
| [PBF ENERGY INC (PBF)](/companies/pbf.md) | CL A | $28.2m | 4.5% | 620,289 |  | Unchanged |
| [RYERSON HLDG CORP (RYZ)](/companies/ryz.md) | COM | $27.5m | 4.3% | 1,116,978 |  | Unchanged |
| [GALIANO GOLD INC (GAU)](/companies/gau.md) | COM | $26.4m | 4.2% | 14,125,317 |  | Added +7,715,996 |
| [NATURAL GAS SVCS GROUP INC (NGS)](/companies/ngs.md) | COM | $25.2m | 4.0% | 584,872 |  | Reduced −2,140 |
| [RLJ LODGING TR (RLJ)](/companies/rlj.md) | COM | $24.3m | 3.8% | 2,049,425 |  | Added +50,000 |
| [ADVANSIX INC (ASIX)](/companies/asix.md) | COM | $24.0m | 3.8% | 1,209,629 |  | Unchanged |
| [PARK HOTELS & RESORTS INC (PK)](/companies/pk.md) | COM | $21.7m | 3.4% | 1,525,283 |  | New +1,525,283 |
| [SM ENERGY COMPANY (SM)](/companies/sm.md) | COM | $20.3m | 3.2% | 778,851 |  | Added +227,082 |
| [TIDEWATER INC NEW (TDW)](/companies/tdw.md) | COM | $18.4m | 2.9% | 276,529 |  | Unchanged |
| [MOSAIC CO (MOS)](/companies/mos.md) | COM | $18.1m | 2.9% | 853,638 |  | Unchanged |
| [MOHAWK INDS INC (MHK)](/companies/mhk.md) | COM | $17.7m | 2.8% | 146,295 |  | New +146,295 |
| [NORTH AMERN CONSTR GROUP LTD (NOA)](/companies/noa.md) | COM | $13.8m | 2.2% | 1,038,177 |  | Unchanged |
| [ENERFLEX LTD (EFXT)](/companies/efxt.md) | COM | $13.5m | 2.1% | 551,151 |  | Unchanged |
| [ELDORADO GOLD CORP NEW (EGO)](/companies/ego.md) | COM | $12.1m | 1.9% | 387,779 |  | Unchanged |
| [FIRST INTERNET BANCORP (INBK)](/companies/inbk.md) | COM | $9.8m | 1.6% | 354,261 |  | Unchanged |
| [BASSETT FURNITURE INDS INC (BSET)](/companies/bset.md) | COM | $9.8m | 1.5% | 550,413 |  | Added +23,416 |
| [CHATHAM LODGING TR (CLDT)](/companies/cldt.md) | COM | $9.0m | 1.4% | 678,530 |  | Unchanged |
| [ALGOMA STL GROUP INC (ASTL)](/companies/astl.md) | COM | $7.2m | 1.1% | 1,786,122 |  | Unchanged |
| [GREENFIRE RES LTD NEW (GFR)](/companies/gfr.md) | COM SHS | $4.4m | 0.7% | 777,716 |  | Added +360,168 |
| [VILLAGE SUPER MKT INC (VLGEA)](/companies/vlgea.md) | CL A NEW | $2.4m | 0.4% | 55,733 |  | Unchanged |
| [ACACIA RESH CORP (ACTG)](/companies/actg.md) | ACACIA TCH COM | $2.3m | 0.4% | 491,086 |  | Unchanged |
| [WESTWOOD HLDGS GROUP INC (WHG)](/companies/whg.md) | COM | $1.9m | 0.3% | 99,926 |  | Unchanged |
| [HENNESSY ADVISORS INC (HNNA)](/companies/hnna.md) | COM | $1.7m | 0.3% | 170,768 |  | Added +29,415 |
| [I-80 GOLD CORP (IAUX)](/companies/iaux.md) | COM | $1.6m | 0.3% | 1,126,349 |  | Unchanged |
| ARDMORE SHIPPING CORP | COM | $1.3m | 0.2% | 89,612 |  | Unchanged |
| [SOLITARIO RESOURCES CORP (XPL)](/companies/xpl.md) | COM | $475.9k | <0.1% | 632,458 |  | Unchanged |
| [ISHARES SILVER TR (SLV)](/companies/slv.md) | ISHARES | $472.8k | <0.1% | 8,842 |  | Unchanged |
| [SPDR GOLD TR (GLD)](/companies/gld.md) | GOLD SHS | $305.0k | <0.1% | 828 |  | Unchanged |
| [SPROTT ASSET MANAGEMENT LP (CEF)](/companies/cef.md) | PHYSICAL GOLD AN | $300.7k | <0.1% | 7,474 |  | Unchanged |
| [WEST FRASER TIMBER CO LTD (WFG)](/companies/wfg.md) | COM | $212.6k | <0.1% | 3,142 |  | Unchanged |
| [MERCER INTL INC (MERC)](/companies/merc.md) | COM | $203.9k | <0.1% | 308,927 |  | Unchanged |
| [DAKOTA GOLD CORP (DC)](/companies/dc.md) | COM | $127.8k | <0.1% | 30,000 |  | Unchanged |

Source: SEC EDGAR, Form 13F-HR, accession 0001104659-26-094352. Last ingested by Listed: Oct 22, 2026, 05:26 ET. No prices; not investment advice.