0001144204-11-063550.txt : 20111114 0001144204-11-063550.hdr.sgml : 20111111 20111114090344 ACCESSION NUMBER: 0001144204-11-063550 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110930 FILED AS OF DATE: 20111114 DATE AS OF CHANGE: 20111114 EFFECTIVENESS DATE: 20111114 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: 111198146 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 v240167_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: September 30, 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 November 14, 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: 68 ------------- Form 13F Information Table Value Total: $172,485 ------------- (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 09-30-2011:
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 ------------------------------ -------- --------- -------- --------- --- ---- -------- ----- --------- ------ ---- Alliance One International Inc. COM 018772103 $ 9,639 3,950,228 SH SOLE NONE 3,950,228 Adams Resources and Energy Inc. COM 006351308 $ 454 22,595 SH SOLE NONE 22,595 Air Castle Ltd. COM g0129k104 $ 7,993 839,563 SH SOLE NONE 839,563 Alliance One International NOTE 5.500% Inc.5.500% Due 07-15-14 07-15-14 018772AQ6 $ 1,213 1,500,000 PRN SOLE NONE 1,500,000 American Pacific Corp. COM 028740108 $ 5,086 693,802 SH SOLE NONE 693,802 American Safety Insurance COM G02995101 $ 8,255 448,666 SH SOLE NONE 448,666 Argo Group International Holdings Ltd. ORD G0464B107 $ 268 9,457 SH SOLE NONE 9,457 Aspen Insurance Holdings - Preferred Stock PFD PRP INC EQ g05384113 $ 1,070 21,394 SH SOLE NONE 21,394 Aspen Insurance Holdings Ltd. COM G05384105 $ 6,858 297,650 SH SOLE NONE 297,650 ATP Oil&Gas SHS 00208J108 $ 2,676 347,142 SH SOLE NONE 347,142 Audiovox Corporation Class A CL A 050757103 $ 957 174,288 SH SOLE NONE 174,288 Baltic Trading Limited COM Y0553W103 $ 879 189,441 SH SOLE NONE 189,441 Bassett Furniture Industries COM 070203104 $ 8,484 1,203,343 SH SOLE NONE 1,203,343 Beazer Homes USA COM 07556Q105 $ 51 34,080 SH SOLE NONE 34,080 BKF Capital Group COM 05548G102 $ 540 415,413 SH SOLE NONE 415,413 Black Rock High Income Shares SHS BEN INT 09250E107 $ 41 21,000 SH SOLE NONE 21,000 Bofi Holdings Inc. COM 05566U108 $ 5,838 433,704 SH SOLE NONE 433,704 Books-A-Million Inc. COM 098570104 $ 988 425,997 SH SOLE NONE 425,997 Bowl America Inc. - Class A CL A 102565108 $ 222 17,522 SH SOLE NONE 17,522 Brandywine Realty Trust SH BEN INT NEW 105368203 $ 521 65,100 SH SOLE NONE 65,100 BRT Realty Trust SH BEN INT NEW 055645303 $ 3,970 638,265 SH SOLE NONE 638,265 California First National Bank Corp. COM 130222102 $ 6,969 455,193 SH SOLE NONE 455,193 Century Casinos Inc. COM 156492100 $ 2,926 1,116,754 SH SOLE NONE 1,116,754 CommonWealth REIT COM SH BEN INT 203233101 $ 1,435 75,644 SH SOLE NONE 75,644 Core-Mark Hldgs COM 218681104 $ 4,050 132,228 SH SOLE NONE 132,228 CVR Energy Inc. COM 12662P108 $ 2,684 126,981 SH SOLE NONE 126,981 Delta Apparel Inc. COM 247368103 $ 8,619 547,235 SH SOLE NONE 547,235 Duckwall-ALCO COM 264142100 $ 3,117 333,048 SH SOLE NONE 333,048 Endeavour International COM NEW 29259G200 $ 559 70,011 SH SOLE NONE 70,011 Energy Partners Ltd. COM NEW 29270U303 $ 5,890 532,085 SH SOLE NONE 532,085 Ensco Plc. SPONSORED ADR 29358Q109 $ 2,519 62,304 SH SOLE NONE 62,304 First Federal Northern Michigan Bancorp. COM 32021X105 $ 123 35,640 SH SOLE NONE 35,640 Fisher Communications Inc. COM 337756209 $ 1,302 58,268 SH SOLE NONE 58,268 Frequency Electronics, Inc. COM 358010106 $ 2,271 266,181 SH SOLE NONE 266,181 Frisch's Restaurants, Inc. COM 358748101 $ 436 22,474 SH SOLE NONE 22,474 Genon Energy Inc. COM 37244e107 $ 3,087 1,110,358 SH SOLE NONE 1,110,358 Globus Maritime COM Y27265209 $ 872 167,625 SH SOLE NONE 167,625 GulfMark Offshore, Inc. CL A NEW 402629208 $ 3,770 103,756 SH SOLE NONE 103,756 Hardinge Inc. COM 412324303 $ 2,871 348,466 SH SOLE NONE 348,466 Homeowners Choice, Inc. COM 43741E103 $ 837 128,214 SH SOLE NONE 128,214 Hornbeck Offshore Service COM 440543106 $ 5,241 210,408 SH SOLE NONE 210,408 Horsehead Holdings COM 440694305 $ 941 126,867 SH SOLE NONE 126,867 Ingram Micro Inc. CL A 457153104 $ 5,676 351,900 SH SOLE NONE 351,900 Integrated Electrical Services, Inc. COM 45811E301 $ 301 145,501 SH SOLE NONE 145,501 J. Alexanders Corp. COM 466096104 $ 755 121,510 SH SOLE NONE 121,510 LTX-Credence Corporation COM NEW 502403207 $ 225 42,619 SH SOLE NONE 42,619 Lubys. Inc. COM 549282101 $ 1,317 321,303 SH SOLE NONE 321,303 Magnum Hunter Resources COM 55973b102 $ 1,270 383,600 SH SOLE NONE 383,600 Mitcham Industies, Inc. COM 606501104 $ 218 19,421 SH SOLE NONE 19,421 Noble Corp. NAMEN-AKT H5833N103 $ 1,708 58,196 SH SOLE NONE 58,196 Patriot Coal Corporation COM 70336t104 $ 3,342 395,000 SH SOLE NONE 395,000 PMC Commercial Trust SH BEN INT 693434102 $ 890 114,120 SH SOLE NONE 114,120 Republic Airways Holdings COM 760276105 $ 761 268,950 SH SOLE NONE 268,950 Sanmina-SCi Corp COM 800907206 $ 3,583 536,365 SH SOLE NONE 536,365 Sparton Corporation COM 847235108 $ 695 110,674 SH SOLE NONE 110,674 Superior Industries International Inc. COM 868168105 $ 2,840 183,833 SH SOLE NONE 183,833 SWS Group Inc. COM 78503N107 $ 1,771 377,513 SH SOLE NONE 377,513 Sypris Solutions Inc. COM 871655106 $ 1,748 575,030 SH SOLE NONE 575,030 Tandy Brands Accessories Inc. COM 875378101 $ 456 393,118 SH SOLE NONE 393,118 Tecumseh Products Company - Class A CL A 878895200 $ 2,370 325,107 SH SOLE NONE 325,107 Tecumseh Products Company - Class B CL B 878895101 $ 3,247 479,574 SH SOLE NONE 479,574 Tesoro Corp. COM 881609101 $ 5,350 274,787 SH SOLE NONE 274,787 Ultra Petrol Bahamas COM P94398107 $ 285 125,617 SH SOLE NONE 125,617 Unifi Inc. COM NEW 904677200 $ 623 76,273 SH SOLE NONE 76,273 Universal Stainless & Alloy Products Inc. COM 913837100 $ 669 26,299 SH SOLE NONE 26,299 Vestin Realty Mortgage I Inc. COM 925490104 $ 31 26,809 SH SOLE NONE 26,809 Western Refining Inc. COM 959319104 $ 1,232 98,850 SH SOLE NONE 98,850 White Mountains Insurance Group COM g9618e107 $ 4,601 11,339 SH SOLE NONE 11,339