Denali Advisors LLC Q1 2023 vs. Q2 2023 13F Holdings Comparison

Denali Advisors LLC, a prominent investment firm, recently released its 13F Holdings comparison for the first and second quarters of 2023. This report provides valuable insights into the changes in holdings made by the firm during this period.

During the first quarter of 2023, Denali Advisors LLC held 117,790 shares of Ryerson Holding Corporation. However, this number increased significantly to 132,390 shares in the second quarter, marking a 34% increase in holdings. The value of the shares also grew from $4,285,000 to $5,743,000.

American Equity Investment, another company in Denali Advisors LLC's portfolio, saw a substantial 91.9% increase in holdings. The number of shares held rose from 68,997 in Q1 to 92,697 in Q2. The value of these shares also soared from $2,517,000 to $4,830,000.

Boise Cascade LLC experienced a more modest increase in holdings, with a 57.6% rise from 47,943 shares in Q1 to 52,892 shares in Q2. The value of these shares increased from $3,032,000 to $4,778,000.

Costamare Inc witnessed a 16.9% increase in holdings, with the number of shares rising from 426,800 in Q1 to 485,700 in Q2. The value of these shares increased from $4,016,000 to $4,696,000.

M/I Homes, Inc. saw a minimal change in holdings, with only a 0.9% increase in shares. The number of shares held decreased from 73,330 in Q1 to 53,530 in Q2. However, the value of these shares remained relatively stable at $4,626,000 and $4,667,000 for Q1 and Q2, respectively.

Worthington Industries experienced a negligible change in holdings, with a minor 0.1% decrease in shares. The number of shares held decreased from 71,383 in Q1 to 66,383 in Q2. The value of these shares remained stable at $4,614,000 and $4,611,000 for Q1 and Q2, respectively.

Farmer Mac witnessed a significant 120.1% increase in holdings, with the number of shares rising from 15,600 in Q1 to 31,813 in Q2. The value of these shares also soared from $2,077,000 to $4,572,000.

Rush Enterprises Inc's holdings saw a modest increase, with a 5.7% rise in shares. The number of shares held increased from 78,700 in Q1 to 74,800 in Q2. The value of these shares increased from $4,297,000 to $4,543,000.

Century Communities, Inc. experienced a 2% decrease in holdings. The number of shares held decreased from 72,100 in Q1 to 58,926 in Q2. The value of these shares also decreased from $4,608,000 to $4,514,000.

Enova International, Inc. witnessed a 9.1% increase in holdings, with the number of shares rising from 92,872 in Q1 to 84,772 in Q2. The value of these shares increased from $4,126,000 to $4,503,000.

Bluelinx Holdings had a 24.4% increase in holdings, with the number of shares rising from 52,864 in Q1 to 47,638 in Q2. The value of these shares increased from $3,592,000 to $4,467,000.

Greif Inc cl A experienced an 8.7% increase in holdings, with the number of shares rising from 62,299 in Q1 to 62,306 in Q2. The value of these shares increased from $3,947,000 to $4,292,000.

Amkor Technology Inc saw an 8.6% increase in holdings, with the number of shares rising from 149,672 in Q1 to 142,155 in Q2. The value of these shares increased from $3,894,000 to $4,229,000.

PBF Energy Inc cl A witnessed a substantial 100.8% increase in holdings. The number of shares held rose from 48,388 in Q1 to 102,891 in Q2. The value of these shares increased from $2,098,000 to $4,212,000.

Bank of NT Butterfield LTD experienced a 26.3% increase in holdings, with the number of shares rising from 119,404 in Q1 to 148,789 in Q2. The value of these shares increased from $3,223,000 to $4,070,000.

These are just a few examples of the changes in holdings made by Denali Advisors LLC during the first and second quarters of 2023. The complete 13F Holdings comparison provides an in-depth analysis of the entire portfolio and sheds light on the investment strategies employed by this esteemed firm.

Disclaimer: The information provided in this article is based on publicly available data and is for informational purposes only. It should not be considered as financial or investment advice.