Azarias Capital Management, L.P. — 13F Holdings

2026 Q2  ·  25 Positions

2026 Q2 Portfolio Activity

In 2026 Q2, Azarias Capital Management, L.P. maintained a portfolio of 25 distinct positions. The most significant new addition was MOLINA HEALTHCARE INC, now representing 3.04% of the total fund value. They heavily accumulated shares in DENISON MINES CORP, increasing the position by 45.0%. Conversely, Azarias Capital Management, L.P. completely exited their position in AVNET INC.
Position History hover any row below to update
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Azarias Capital Management, L.P. Dublin Corporate Treasury / Publicly Traded Corporation AUM $150M
PCA Score Concentration Risk
Risk ENB
Total Positions
25
Quarter
2026 Q2
Top Holding
SPY (34.6%)
Top 10 Concentration
72.4%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-25 of 25

Azarias Capital Management, L.P. Full Holdings List — 2026 Q2

Stock History Sector / Type Port % Prev % Rank / Prev Conviction
Freshness
Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
SPY
STATE STR SPDR ...
ETF 34.59% 31.03% #1
Prev: #1
7.0
no change no change
P
S
106,461 $79,501,881
$551.63 +33.5%
$746.77 -1.4%
2025 Q1 13F Filing 2026-06-30 2026-07-13
URG
UR-ENERGY INC
Energy 7.81% 9.08% #2
Prev: #2
5.1
-404,825 -3.0%
P
S
13,199,479 $17,951,291 2021 Q4 13F Filing 2026-06-30 2026-07-13
DNN
DENISON MINES C...
Energy 5.64% 4.62% #3
Prev: #3
5.8
1,315,775 45.0%
P
S
4,238,742 $12,970,551 2021 Q4 13F Filing 2026-06-30 2026-07-13
MTRX
MATRIX SVC CO
Industrials 4.02% 4.20% #4 1
Prev: #5
2.6
-143,329 -17.5%
P
S
673,692 $9,229,580 2021 Q4 13F Filing 2026-06-30 2026-07-13
MAN
MANPOWERGROUP I...
Industrials 3.91% 4.46% #5 1
Prev: #4
2.1
-71,467 -21.2%
P
S
266,146 $8,987,750 2025 Q3 13F Filing 2026-06-30 2026-07-13
SDRL
SEADRILL LTD
Energy 3.48% 2.79% #6 6
Prev: #12
4.4
74,656 54.6%
P
S
211,301 $7,991,404 2026 Q1 13F Filing 2026-06-30 2026-07-13
GPOR
GULFPORT ENERGY...
Energy 3.43% 3.99% #7
Prev: #7
3.4
4,318 10.3%
P
S
46,439 $7,880,698 2025 Q2 13F Filing 2026-06-30 2026-07-13
MTUS
METALLUS INC
Basic Materials 3.41% 3.98% #8
Prev: #8
1.4
-123,815 -22.8%
P
S
419,507 $7,840,586 2024 Q4 13F Filing 2026-06-30 2026-07-13
MPAA
MOTORCAR PTS AM...
Consumer Cyclical 3.06% 2.64% #9 4
Prev: #13
1.7
-74,544 -14.0%
P
S
458,325 $7,021,539 2021 Q4 13F Filing 2026-06-30 2026-07-13
MOH
MOLINA HEALTHCA...
Healthcare 3.04% #10
Prev: #—
4.7
30,593
NEW
30,593 $6,996,619 2026 Q2 13F Filing 2026-06-30 2026-07-13
EIG
EMPLOYERS HLDGS...
Financial Services 2.90% 2.58% #11 3
Prev: #14
1.7
-8,021 -5.7%
P
S
132,159 $6,671,386 2025 Q4 13F Filing 2026-06-30 2026-07-13
NXE
NEXGEN ENERGY L...
Energy 2.79% 3.55% #12 3
Prev: #9
2.1
no change no change
P
S
682,943 $6,412,835 2021 Q4 13F Filing 2026-06-30 2026-07-13
HOFT
HOOKER FURNISHI...
Consumer Cyclical 2.61% 2.29% #13 3
Prev: #16
1.5
-60,723 -15.3%
P
S
336,453 $5,998,957 2021 Q4 13F Filing 2026-06-30 2026-07-13
IPI
INTREPID POTASH...
Basic Materials 2.54% 3.33% #14 4
Prev: #10
1.5
4,627 2.7%
P
S
178,281 $5,844,051 2023 Q2 13F Filing 2026-06-30 2026-07-13
MLR
MILLER INDS INC...
Consumer Cyclical 2.45% 2.25% #15 3
Prev: #18
1.5
-500 -0.5%
P
S
109,926 $5,622,715 2025 Q4 13F Filing 2026-06-30 2026-07-13
UUUU
ENERGY FUELS IN...
Energy 2.40% 3.11% #16 5
Prev: #11
2.0
no change no change
P
S
380,528 $5,517,656 2021 Q4 13F Filing 2026-06-30 2026-07-13
EU
ENCORE ENERGY C...
Energy 2.33% 4.09% #17 11
Prev: #6
1.4
-975,814 -19.3%
P
S
4,091,894 $5,360,381 2023 Q1 13F Filing 2026-06-30 2026-07-13
TBI
TRUEBLUE INC
Industrials 2.30% 1.76% #18 2
Prev: #20
0.9
-242,609 -24.2%
P
S
759,341 $5,292,607 2023 Q4 13F Filing 2026-06-30 2026-07-13
CCJ
CAMECO CORP
Energy 2.23% 2.45% #19 4
Prev: #15
1.9
no change no change
P
S
50,371 $5,130,790 2021 Q4 13F Filing 2026-06-30 2026-07-13
SMP
STANDARD MTR PR...
Consumer Cyclical 2.05% 1.98% #20 1
Prev: #19
1.3
-6,133 -4.8%
P
S
121,073 $4,718,215 2024 Q2 13F Filing 2026-06-30 2026-07-13
SD
SANDRIDGE ENERG...
Energy 1.92% 2.28% #21 4
Prev: #17
1.3
9,162 2.9%
P
S
321,558 $4,405,345 2025 Q1 13F Filing 2026-06-30 2026-07-13
UFI
UNIFI INC
Consumer Cyclical 0.94% 1.40% #22 1
Prev: #21
0.4
-418,415 -47.8%
P
S
456,722 $2,169,430 2021 Q4 13F Filing 2026-06-30 2026-07-13
AGX
ARGAN INC
Industrials 0.13% 0.09% #23 1
Prev: #24
1.1
no change no change
P
S
378 $301,852 2021 Q4 13F Filing 2026-06-30 2026-07-13
COHU
COHU INC
Technology 0.00% 0.82%
Sold All 😨
(Was: #23)
0.0
-59,559 -100.0%
CLOSED
$— 2025 Q1 13F Filing 2026-06-30 2026-07-13
AVT
AVNET INC
Technology 0.00% 1.21%
Sold All 😨
(Was: #22)
0.0
-43,934 -100.0%
CLOSED
$— 2026 Q1 13F Filing 2026-06-30 2026-07-13
Showing 1-25 of 25 holdings

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