Aegis Financial Corp 13F annual report
Aegis Financial Corp is an investment fund managing more than $104 billion ran by Justin Harrison. There are currently 25 companies in Mr. Harrison’s portfolio. The largest investments include Hallador Co and Natural Gas Svcs Group Inc, together worth $29.4 billion.
$104 billion Assets Under Management (AUM)
As of 1st August 2024, Aegis Financial Corp’s top holding is 2,021,102 shares of Hallador Co currently worth over $15.7 billion and making up 15.1% of the portfolio value.
Relative to the number of outstanding shares of Hallador Co, Aegis Financial Corp owns less than approximately 0.1% of the company.
In addition, the fund holds 682,175 shares of Natural Gas Svcs Group Inc worth $13.7 billion.
The third-largest holding is Equinox Gold Corp worth $13.4 billion and the next is Peabody worth $10.7 billion, with 485,392 shares owned.
Currently, Aegis Financial Corp's portfolio is worth at least $104 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Aegis Financial Corp
The Aegis Financial Corp office and employees reside in Mc Lean, Virginia. According to the last 13-F report filed with the SEC, Justin Harrison serves as the Chief Operating Officer at Aegis Financial Corp.
Recent trades
In the most recent 13F filing, Aegis Financial Corp revealed that it had opened a new position in
Emcore and bought 99,702 shares worth $118 million.
On the other hand, there are companies that Aegis Financial Corp is getting rid of from its portfolio.
Aegis Financial Corp closed its position in Superior Group Of Co Inc on 8th August 2024.
It sold the previously owned 306,882 shares for $5.07 billion.
Justin Harrison also disclosed a decreased stake in Natural Gas Svcs Group Inc by 0.2%.
This leaves the value of the investment at $13.7 billion and 682,175 shares.
One of the smallest hedge funds
The two most similar investment funds to Aegis Financial Corp are Qsv Equity Investors and Divco West Real Estate Services. They manage $104 billion and $104 billion respectively.
Justin Harrison investment strategy
Aegis Financial Corp’s portfolio is diversified across 7 sectors.
Currently, their heaviest sector is Energy — making up 34.6% of
the total portfolio value.
The fund focuses on investments in the Canada as
24.0% of the portfolio companies
are based in the Canada.
The majority of the companies in the fund’s portfolio are small-cap stocks.
Stocks with a size of more than $100 million in market cap make up
20% of the total holdings value.
On the other hand, large-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $1.25 billion.
The complete list of Aegis Financial Corp trades based on 13F SEC filings
These positions were updated on August 8th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Hallador Energy Co |
No change
2,021,102
|
$15,703,963,000 | 15.11% |
| Natural Gas Svcs Group Inc |
20.18%
682,175
|
$13,725,361,000 | 13.21% |
| Equinox Gold Corp |
No change
2,568,645
|
$13,404,559,000 | 12.90% |
| Peabody Energy Corp. |
No change
485,392
|
$10,736,871,000 | 10.33% |
| Algoma Stl Group Inc |
0.01%
1,459,903
|
$10,160,925,000 | 9.78% |
| Bassett Furniture Inds Inc |
0.07%
476,308
|
$6,768,337,000 | 6.51% |
| Precision Drilling Corp |
No change
90,932
|
$6,393,550,000 | 6.15% |
| Eldorado Gold Corp. |
No change
413,039
|
$6,108,847,000 | 5.88% |
| Superior Group Of Co Inc |
Closed
306,882
|
$5,069,691,000 | |
| Adams Res & Energy Inc |
No change
115,111
|
$3,223,108,000 | 3.10% |
| Vermilion Energy Inc |
No change
280,000
|
$3,082,004,000 | 2.97% |
| Enerflex Ltd |
No change
551,598
|
$2,975,290,000 | 2.86% |
| Mercer International Inc. |
No change
309,498
|
$2,643,113,000 | 2.54% |
| Ardmore Shipping Corp |
No change
90,861
|
$2,047,098,000 | 1.97% |
| Westwood Hldgs Group Inc |
No change
100,002
|
$1,218,024,000 | 1.17% |
| I-80 Gold Corp |
No change
1,126,838
|
$1,185,971,000 | 1.14% |
| Ishares Silver Tr |
6.02%
39,025
|
$1,036,894,000 | 1.00% |
| Hennessy Advisors Inc |
No change
141,353
|
$1,006,433,000 | 0.97% |
| Solitario Resources Corp |
No change
632,458
|
$559,725,000 | 0.54% |
| Matrix Svc Co |
Closed
32,180
|
$419,305,000 | |
| Delta Apparel Inc. |
No change
695,018
|
$403,110,000 | 0.39% |
| Mayville Engr Co Inc |
89.74%
21,949
|
$365,670,000 | 0.35% |
| Conifer Holdings, Inc. |
No change
474,519
|
$356,126,000 | 0.34% |
| Emcore Corp. |
Closed
997,006
|
$343,967,000 | |
| West Fraser Timber Co Ltd |
No change
3,458
|
$265,555,000 | 0.26% |
| Spdr Gold Tr |
No change
1,097
|
$235,866,000 | 0.23% |
| Kinross Gold Corp. |
No change
22,282
|
$185,386,000 | 0.18% |
| Emcore Corp. |
Opened
99,702
|
$117,648,000 | 0.11% |
| No transactions found | |||
| Showing first 500 out of 28 holdings | |||
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