AEGIS FINANCIAL CORP

CIK: 0001140753Latest portfolio: $419.3M · Q4 2025

Holdings

33

Total Value

$419.3M

New Positions

9

Closed Positions

2

#StockSharesValue% PortfolioChangeType
1
EQXEQUINOX GOLD CORP
4,474,089$63.0M15.02%-343,834
2
CVECENOVUS ENERGY INC
3,454,121$58.4M13.94%+2.5M
3
PDSPRECISION DRILLING CORP
504,059$36.2M8.64%+52K
4
HNRGHALLADOR ENERGY COMPANY
1,814,026$34.5M8.24%-196,968
5
NGSNATURAL GAS SVCS GROUP INC
671,112$22.6M5.39%
6
ASIXADVANSIX INC
1,209,629$20.9M4.99%NEW
7
MOSMOSAIC CO NEW
853,638$20.6M4.90%NEW
8
RYIRYERSON HLDG CORP
707,390$17.8M4.24%NEW
9
PBFPBF ENERGY INC
620,289$16.8M4.01%-171
10
GAUGALIANO GOLD INC
6,409,321$16.3M3.89%-250,000
11
NOANORTH AMERN CONSTR GROUP LTD
1,038,177$15.0M3.57%+196K
12
TDWTIDEWATER INC NEW
276,529$14.0M3.33%
13
ELDELDORADO GOLD CORP NEW
387,779$13.9M3.32%-25,000
14
VETVERMILION ENERGY INC
1,320,492$11.0M2.62%+450K
15
RLJRLJ LODGING TR
1,271,817$9.5M2.26%NEW
16
EFXENERFLEX LTD
551,151$8.5M2.03%
17
BSETBASSETT FURNITURE INDS INC
501,119$8.4M2.00%+25K
18
ASTLALGOMA STL GROUP INC
1,786,122$7.3M1.75%
19
INBKFIRST INTERNET BANCORP
250,320$5.2M1.25%NEW
20
CLDTCHATHAM LODGING TR
678,530$4.6M1.10%NEW
21
ZEUSOLYMPIC STEEL INC
73,515$3.1M0.75%NEW
22
VLGEAVILLAGE SUPER MKT INC
55,733$2.0M0.47%NEW
23
WHGWESTWOOD HLDGS GROUP INC
99,926$1.7M0.41%
24
IAUI-80 GOLD CORP
1,126,349$1.7M0.40%
25
HNNAHENNESSY ADVISORS INC
141,353$1.4M0.32%

Quarterly Changes

New Positions

Closed Positions

Increased Positions

NameSharesChange
PDS504K+52K
BSET501K+25K

Decreased Positions

NameSharesChange
EQX4.5M-343834
GAU6.4M-250000
HNRG1.8M-196968
ELD388K-25000
SLV18K-17685
PBF620K-171
MERC309K-80
NOA1.0M196K
VET1.3M450K
CVE3.5M2.5M

Sector Breakdown

Energy0.0% ($5.844336221345393e+33T)
Basic Materials0.0% ($629682092620564135936.0T)
Financial Services0.0% ($139295224171.9T)
Technology0.0% ($1779.7T)
Unknown0.0% ($440.3B)
Real Estate0.0% ($94.8B)
Industrials0.0% ($8.5B)
Consumer Cyclical0.0% ($8.4M)
Consumer Defensive0.0% ($2.0M)

Filing History

QuarterFiling DatePortfolio ValueHoldings
Q4 2025Feb 12, 2026$419.3M33
Q3 2025Nov 12, 2025$261.3B26
Q2 2025Aug 11, 2025$169.9B25
Q1 2025May 9, 2025$117.2B23
Q4 2024Feb 12, 2025$116.1B22

Fund Information

CIK0001140753
Most Recent FilingFeb 12, 2026
Number of Filings5

AEGIS FINANCIAL CORP is an institutional investment manager that files 13F reports with the SEC. As of the Q4 2025 filing, the fund reported a portfolio valued at $419.3M across 33 holdings. The largest position is EQUINOX GOLD CORP (EQX), representing 15.0% of the portfolio. Compared to the previous quarter, the fund opened 9 new positions and closed 2 positions. 13F filings are required quarterly disclosures that provide transparency into the holdings of institutional investment managers with at least $100 million in qualifying assets.