# Azarias Capital Management, L.P.: Form 13F holdings

An institutional investment manager in West Chester, PA. SEC CIK 1625279.

- Quarter ended: 2026-06-30
- Filed: 2026-07-13
- Reported value: $229.8m
- Positions: 23 (23 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/1625279/000162527926000004/

## 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 |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [STATE STR SPDR S&P 500 ETF T (SPY)](/companies/spy.md) | TR UNIT | $79.5m | 34.6% | 106,461 |  | Unchanged |
| [UR-ENERGY INC (URG)](/companies/urg.md) | COM | $18.0m | 7.8% | 13,199,479 |  | Reduced −404,825 |
| [DENISON MINES CORP (DNN)](/companies/dnn.md) | COM | $13.0m | 5.6% | 4,238,742 |  | Added +1,315,775 |
| [MATRIX SVC CO (MTRX)](/companies/mtrx.md) | COM | $9.2m | 4.0% | 673,692 |  | Reduced −143,329 |
| [MANPOWERGROUP INC WIS (MAN)](/companies/man.md) | COM | $9.0m | 3.9% | 266,146 |  | Reduced −71,467 |
| SEADRILL LTD | COM | $8.0m | 3.5% | 211,301 |  | Added +74,656 |
| [GULFPORT ENERGY CORP (GPOR)](/companies/gpor.md) | COMMON SHARES | $7.9m | 3.4% | 46,439 |  | Added +4,318 |
| [METALLUS INC (MTUS)](/companies/mtus.md) | COM | $7.8m | 3.4% | 419,507 |  | Reduced −123,815 |
| [MOTORCAR PTS AMER INC (MPAA)](/companies/mpaa.md) | COM | $7.0m | 3.1% | 458,325 |  | Reduced −74,544 |
| [MOLINA HEALTHCARE INC (MOH)](/companies/moh.md) | COM | $7.0m | 3.0% | 30,593 |  | New +30,593 |
| [EMPLOYERS HLDGS INC (EIG)](/companies/eig.md) | COM | $6.7m | 2.9% | 132,159 |  | Reduced −8,021 |
| [NEXGEN ENERGY LTD (NXE)](/companies/nxe.md) | COM | $6.4m | 2.8% | 682,943 |  | Unchanged |
| [HOOKER FURNISHINGS CORPORATI (HOFT)](/companies/hoft.md) | COM | $6.0m | 2.6% | 336,453 |  | Reduced −60,723 |
| [INTREPID POTASH INC (IPI)](/companies/ipi.md) | COM | $5.8m | 2.5% | 178,281 |  | Added +4,627 |
| [MILLER INDS INC TENN (MLR)](/companies/mlr.md) | COM NEW | $5.6m | 2.4% | 109,926 |  | Reduced −500 |
| [ENERGY FUELS INC (UUUU)](/companies/uuuu.md) | COM NEW | $5.5m | 2.4% | 380,528 |  | Unchanged |
| [ENCORE ENERGY CORP (EU)](/companies/eu.md) | COM NEW | $5.4m | 2.3% | 4,091,894 |  | Reduced −975,814 |
| [TRUEBLUE INC (TBI)](/companies/tbi.md) | COM | $5.3m | 2.3% | 759,341 |  | Reduced −242,609 |
| [CAMECO CORP (CCJ)](/companies/ccj.md) | COM | $5.1m | 2.2% | 50,371 |  | Unchanged |
| [STANDARD MTR PRODS INC (SMP)](/companies/smp.md) | COM | $4.7m | 2.1% | 121,073 |  | Reduced −6,133 |
| [SANDRIDGE ENERGY INC (SD)](/companies/sd.md) | COM NEW | $4.4m | 1.9% | 321,558 |  | Added +9,162 |
| [UNIFI INC (UFI)](/companies/ufi.md) | COM NEW | $2.2m | 0.9% | 456,722 |  | Reduced −418,415 |
| [ARGAN INC (AGX)](/companies/agx.md) | COM | $301.9k | 0.1% | 378 |  | Unchanged |

## Sold out

Held at the end of the quarter before and not reported this quarter.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [AVNET INC (AVT)](/companies/avt.md) | COM | $0 | 0.0% | 0 |  | Sold out −43,934 |
| [COHU INC (COHU)](/companies/cohu.md) | COM | $0 | 0.0% | 0 |  | Sold out −59,559 |

Source: SEC EDGAR, Form 13F-HR, accession 0001625279-26-000004. Last ingested by Listed: Oct 22, 2026, 05:26 ET. No prices; not investment advice.