0001144204-11-029619.txt : 20110516 0001144204-11-029619.hdr.sgml : 20110516 20110516122854 ACCESSION NUMBER: 0001144204-11-029619 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110331 FILED AS OF DATE: 20110516 DATE AS OF CHANGE: 20110516 EFFECTIVENESS DATE: 20110516 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AEGIS FINANCIAL CORP CENTRAL INDEX KEY: 0001140753 IRS NUMBER: 541712996 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-10411 FILM NUMBER: 11844795 BUSINESS ADDRESS: STREET 1: 1100 NORTH GLEBE ROAD STREET 2: SUITE 1040 CITY: ARLINGTON STATE: VA ZIP: 22201-7788 BUSINESS PHONE: 7035287788 MAIL ADDRESS: STREET 1: 1100 NORTH GLEBE ROAD STREET 2: SUITE 1040 CITY: ARLINGTON STATE: VA ZIP: 22201-7788 FORMER COMPANY: FORMER CONFORMED NAME: BERNO GAMBAL & BARBEE INC DATE OF NAME CHANGE: 20010516 13F-HR 1 v222676_13fhr.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2011 ----------------- Check here if Amendment [ ]; Amendment Number: ------- This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Aegis Financial Corporation -------------------------------------------------- Address: 1100 North Glebe Road, Suite 1040 -------------------------------------------------- Arlington, Virginia 22201 -------------------------------------------------- Form 13F File Number: 28-10411 -------- The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Scott L. Barbee ------------------------------------------------------- Title: President ------------------------------------------------------- Phone: (703) 528-7788 ------------------------------------------------------- Signature, Place, and Date of Signing: /s/ Scott L. Barbee Arlington, Virginia May 13, 2011 ---------------------- ----------------------- ----------------- [Signature] [City, State] [Date] Report Type (Check only one.): [ X ] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 ------------- Form 13F Information Table Entry Total: 75 ------------- Form 13F Information Table Value Total: $218,188 ------------- (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. NONE AEGIS FINANCIAL CORPORATION FORM 13F INFORMATION TABLE 03-31-2011:
SHS OR TITLE OF VALUE PRN SH/ PUT/ INVSTMNT OTHER VOTING AUTHORITY NAME OF ISSUER CLASS CUSIP (X$1000) AMT PRN CALL DSCRTN MGRS SOLE SHARED NONE ------------------------------ -------- --------- -------- --------- --- ---- -------- ----- --------- ------ ---- Adams Resources and Energy Inc. COM 006351308 $ 668.00 23,195 SH SOLE NONE 23,195 Air Castle Ltd. COM g0129k104 $ 7,528.00 623,733 SH SOLE NONE 623,733 Alliance One International Inc. COM 018772103 $13,234.00 3,292,075 SH SOLE NONE 3,292,075 Alliance One International Inc. NOTE 5.500% 5.500% Due 07-15-14 07-15-14 018772AQ6 $ 1,072.00 1,000,000 PRN SOLE NONE 1,000,000 Allied Defense Group, Inc. COM 019118108 $ 1,180.00 335,101 SH SOLE NONE 335,101 American Pacific Corp. COM 028740108 $ 4,275.00 703,102 SH SOLE NONE 703,102 American Safety Insurance ORD G02995101 $ 8,222.00 383,687 SH SOLE NONE 383,687 Argo Group International Holdings Ltd. COM G0464B107 $ 328.00 9,977 SH SOLE NONE 9,977 Aspen Insurance Holdings - Preferred Stock FD PRP INC EQ g05384113 $ 1,110.00 20,694 SH SOLE NONE 20,694 Aspen Insurance Holdings Ltd. SHS G05384105 $ 4,986.00 180,900 SH SOLE NONE 180,900 ATP Oil&Gas COM 00208J108 $ 7,483.00 413,179 SH SOLE NONE 413,179 Audiovox Corporation Class A CL A 050757103 $ 1,523.00 190,388 SH SOLE NONE 190,388 Baltic Trading Limited COM Y0553W103 $ 427.00 46,800 SH SOLE NONE 46,800 Bassett Furniture Industries COM 070203104 $ 9,571.00 1,219,243 SH SOLE NONE 1,219,243 Beazer Homes USA COM 07556Q105 $ 165.00 36,160 SH SOLE NONE 36,160 Black Rock High Income Shares SHS BEN INT 09250E107 $ 45.00 21,000 SH SOLE NONE 21,000 Bofi Holdings Inc. COM 05566U108 $ 6,643.00 428,004 SH SOLE NONE 428,004 Books-A-Million Inc. COM 098570104 $ 2,346.00 568,017 SH SOLE NONE 568,017 Bowl America Inc. - Class A CL A 102565108 $ 242.00 18,624 SH SOLE NONE 18,624 Brandywine Realty Trust SH BEN INT NEW 105368203 $ 862.00 71,000 SH SOLE NONE 71,000 BRT Realty Trust SH BEN INT NEW 055645303 $ 4,280.00 661,498 SH SOLE NONE 661,498 California First National Bank Corp. COM 130222102 $ 6,982.00 457,255 SH SOLE NONE 457,255 Century Casinos Inc. COM 156492100 $ 3,522.00 1,177,954 SH SOLE NONE 1,177,954 CommonWealth REIT COM SH BEN INT 203233101 $ 1,362.00 52,444 SH SOLE NONE 52,444 Core-Mark Hldgs COM 218681104 $ 4,799.00 145,216 SH SOLE NONE 145,216 CVR Energy Inc. COM 12662P108 $ 4,584.00 197,933 SH SOLE NONE 197,933 Delta Apparel Inc. COM 247368103 $ 9,477.00 663,224 SH SOLE NONE 663,224 Duckwall-ALCO COM 264142100 $ 4,270.00 336,741 SH SOLE NONE 336,741 Endeavor International Corp. NOTE 6.000% 6.000% Due 01-15-12 01-15-12 29257MAB6 $ 504.00 500,000 PRN SOLE NONE 500,000 Endeavour International COM 29259G200 $ 910.00 71,654 SH SOLE NONE 71,654 Energy Partners Ltd. COM NEW 29270U303 $ 7,149.00 397,147 SH SOLE NONE 397,147 Ensco Plc. SPONSORED ADR 29358Q109 $ 4,824.00 83,404 SH SOLE NONE 83,404 First Federal Northern Michigan Bancorp. COM 32021X105 $ 128.00 35,640 SH SOLE NONE 35,640 Fisher Communications Inc. COM 337756209 $ 1,842.00 59,268 SH SOLE NONE 59,268 Frequency Electronics, Inc. COM 358010106 $ 2,758.00 268,781 SH SOLE NONE 268,781 Frisch's Restaurants, Inc. COM 358748101 $ 475.00 22,294 SH SOLE NONE 22,294 Genon Energy Inc. COM 37244e107 $ 4,302.00 1,129,068 SH SOLE NONE 1,129,068 Globus Maritime COM Y27265209 $ 248.00 28,550 SH SOLE NONE 28,550 GulfMark Offshore, Inc. CL A NEW 402629208 $ 4,643.00 104,306 SH SOLE NONE 104,306 Hardinge Inc. COM 412324303 $ 4,853.00 354,220 SH SOLE NONE 354,220 Hornbeck Offshore Service COM 440543106 $ 6,650.00 215,566 SH SOLE NONE 215,566 Horsehead Holdings COM 440694305 $ 4,228.00 247,955 SH SOLE NONE 247,955 Imperial Sugar COM NEW 453096208 $ 3,573.00 267,809 SH SOLE NONE 267,809 Ingram Micro Inc. CL A 457153104 $ 6,008.00 285,700 SH SOLE NONE 285,700 Integrated Electrical Services, Inc. COM 45811E301 $ 517.00 150,405 SH SOLE NONE 150,405 International Coal Group COM 45928H106 $ 306.00 27,100 SH SOLE NONE 27,100 J. Alexanders Corp. COM 466096104 $ 755.00 122,310 SH SOLE NONE 122,310 LTX-Credence Corporation COM NEW 502403207 $ 412.00 45,130 SH SOLE NONE 45,130 Lubys. Inc. COM 549282101 $ 1,725.00 325,403 SH SOLE NONE 325,403 Magnum Hunter Resources COM 55973b102 $ 730.00 85,216 SH SOLE NONE 85,216 Marlin Business Service COM 571157106 $ 1,911.00 154,879 SH SOLE NONE 154,879 Medallion Financial Corp. COM 583928106 $ 1,236.00 140,570 SH SOLE NONE 140,570 Mitcham Industies, Inc. COM 606501104 $ 2,723.00 199,516 SH SOLE NONE 199,516 Mod-Pac Corp. COM 607495108 $ 1,145.00 185,627 SH SOLE NONE 185,627 Noble Corp. NAMEN-AKT H5833N103 $ 1,081.00 23,696 SH SOLE NONE 23,696 OBA Financial Service COM 67424G101 $ 799.00 54,500 SH SOLE NONE 54,500 Patriot Coal Corporation COM 70336t104 $ 4,794.00 185,600 SH SOLE NONE 185,600 Patterson-UTI Energy Inc. COM 703481101 $ 303.00 10,313 SH SOLE NONE 10,313 Penn Millers Holding COM 707561106 $ 4,481.00 314,466 SH SOLE NONE 314,466 PMC Commercial Trust SH BEN INT 693434102 $ 588.00 67,840 SH SOLE NONE 67,840 Republic Airways Holdings COM 760276105 $ 1,758.00 273,400 SH SOLE NONE 273,400 Sparton Corporation COM 847235108 $ 860.00 110,674 SH SOLE NONE 110,674 Superior Industries International Inc. COM 868168105 $ 206.00 8,034 SH SOLE NONE 8,034 SWS Group Inc. COM 78503N107 $ 2,329.00 383,613 SH SOLE NONE 383,613 Sypris Solutions Inc. COM 871655106 $ 2,375.00 552,273 SH SOLE NONE 552,273 Tandy Brands Accessories Inc. COM 875378101 $ 1,132.00 395,918 SH SOLE NONE 395,918 Tecumseh Products Company - Class A CL A 878895200 $ 3,166.00 315,963 SH SOLE NONE 315,963 Tecumseh Products Company - Class B CL B 878895101 $ 4,482.00 480,870 SH SOLE NONE 480,870 Tesoro Corp. COM 881609101 $ 3,056.00 113,887 SH SOLE NONE 113,887 Ultra Petrol Bahamas COM P94398107 $ 640.00 125,917 SH SOLE NONE 125,917 Unifi Inc. COM 904677200 $ 1,795.00 105,614 SH SOLE NONE 105,614 Universal Stainless & Alloy Products Inc. COM 913837100 $ 2,408.00 71,378 SH SOLE NONE 71,378 Vestin Realty Mortgage I Inc. COM 925490104 $ 36.00 26,809 SH SOLE NONE 26,809 Western Refining Inc. COM 959319104 $ 2,115.00 124,800 SH SOLE NONE 124,800 White Mountains Insurance Group COM g9618e107 $ 4,043.00 11,100 SH SOLE NONE 11,100