Aegis Financial portfolio
Concentrated managerInvestment firmPortfolio as of Jun 30, 2026 (Q2 2026) · filed with the SEC on Aug 12, 2026 · data updated on Nov 5, 2026 · Q2 2026 13F (filing) ↗ · all its 13F filings ↗
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
Aegis Financial reported a $633M portfolio of 39 positions to the SEC as of the end of Q2 2026. Its largest positions are CVE, PDS, EQX.
Sections with a free account
What changed this quarter
8 positions with a change (8 added to). 4 are listed here: those of 0.5 points of the portfolio or more (up to 12).
- Radian Group+177%more sharesIncreased1.7% → 4.9%
- Galiano Gold+120%more sharesIncreased2.8% → 4.2%
- Vermilion Energy+27%more sharesIncreased6.1% → 4.8%
- SM Energy+41%more sharesIncreased3.0% → 3.2%
The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight: what it bought or sold, excluding price effects.
Top holdings
- Cenovus EnergyCVE13.5%
- Precision DrillingPDS6.1%
- Equinox GoldEQX6.0%
- Harley-DavidsonHOG5.3%
- Hallador EnergyHNRG5.0%
- Radian GroupRDN4.9%
- Vermilion EnergyVET4.8%
- PBF EnergyPBF4.5%
- Ryerson HoldingRYZ4.3%
- Galiano GoldGAU4.2%
- Natural Gas Services GroupNGS4.0%
- RLJ Lodging TrustRLJ3.8%
- AdvanSixASIX3.8%
- Park Hotels & ResortsPK3.4%
- SM EnergySM3.2%
“Since”: first quarter of the current run, unbroken until today. In the details, prices are the quarter-end prices of the quarters in which it added shares, per the 13F. The manager may have bought at any price within each quarter; the SEC only publishes the value at quarter end.
Portfolio by sector
- ● Energy 42%
- ● Materials 22%
- ● Consumer Discretionary 12%
- ● Financials 7%
- ● Industrials 7%
- ● Real Estate 5%
- ● Utilities 5%
How its portfolio changed (8 quarters)
Q2 2026: 39
Q2 2026: 59%
Q2 2026: 7.1%
Traded turnover: the weight it bought plus the weight it sold in the quarter, divided by two, excluding price moves. The plain “turnover” in the header does include that effect. With a free account: the full history and sectors over time.
13F filings with amendments or confidential positions
- 13F Q1 2026 ↗filed May 13, 2026Omitted positions (confidential)
Stakes above 5% (13D/13G)
Companies where this filer reported holding 5% or more of the shares. It is the figure from its latest filing on each one; history since December 2024.
How we classify it
Investment firm, per its Form ADV of Jul 28, 2026 (high confidence).
The data, as reported: AEGIS FINANCIAL CORPORATION (CRD 111587): Manages registered funds; 5.D assets by client type: registered funds 96% (of $1.4 bn)
The type comes from a rule applied to that data. If it looks wrong, tell us.
Similar managers by type and size
Same type of filer and a 13F portfolio value between a third and three times this one. It is not a comparison of what they hold.
- Kahn Brothers GroupInvestment firm · $633M
- St. James InvestmentInvestment firm · $630M
- Lynrock LakeInvestment firm · $629M
- Dudley & ShanleyInvestment firm · $629M
- Sprucegrove Investment ManagementInvestment firm · $639M
- Third Avenue ManagementInvestment firm · $625M