0001142941-12-000002.txt : 20120109 0001142941-12-000002.hdr.sgml : 20120109 20120109171249 ACCESSION NUMBER: 0001142941-12-000002 CONFORMED SUBMISSION TYPE: 13F-HR/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20111231 FILED AS OF DATE: 20120109 DATE AS OF CHANGE: 20120109 EFFECTIVENESS DATE: 20120109 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DENALI ADVISORS LLC CENTRAL INDEX KEY: 0001142941 IRS NUMBER: 330957285 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR/A SEC ACT: 1934 Act SEC FILE NUMBER: 028-10130 FILM NUMBER: 12518147 BUSINESS ADDRESS: STREET 1: 4275 EXECUTIVE SQUARE STREET 2: SUITE 650 CITY: LA JOLLA STATE: CA ZIP: 92037 BUSINESS PHONE: 8585583600 MAIL ADDRESS: STREET 1: 4275 EXECUTIVE SQUARE STREET 2: SUITE 650 CITY: LA JOLLA STATE: CA ZIP: 92037 13F-HR/A 1 report20111231.txt 13F-12312011AMENDED UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13 (F) COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2011 Check here if Amendment [ ]; Amendment Number:1 This Amendment (Check only one.): [ x ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Denali Advisors, LLC Address: 4275 Executive Square, Suite 650 La Jolla, CA 92037 Form 13F File Number: 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: Anne Erickson Title: Chief Compliance Officer Phone: 858-558-3600 Signature, Place, and Date of Signing: /s/ Anne Erickson La Jolla, CA January 09,2012 ------------------- ------------------ -------------------- [Signature] [City, State] [Date] Report Type (Check only one.): [ x ] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 318 Form 13F Information Table Value Total: $863762 (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. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] NONE FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- 3D Systems Corporation COM 88554D205 196 13600 SH SOLE 13600 0 0 ABM Industries Inc. COM 000957100 122 5900 SH SOLE 5900 0 0 ACE Limited COM H0023R105 652 9300 SH SOLE 5200 0 4100 AES Corporation COM 00130H105 491 41500 SH SOLE 7700 0 33800 AFLAC Inc. COM 001055102 1229 28400 SH SOLE 7800 0 20600 AGL Resources Inc. COM 001204106 2755 65200 SH SOLE 38100 0 27100 AT&T Inc. COM 00206R102 10676 353058 SH SOLE 283100 0 69958 Acacia Res - Acacia Tech COM 003881307 445 12200 SH SOLE 12000 0 200 Activision Blizzard, Inc. COM 00507V109 261 21200 SH SOLE 21200 0 0 Advance Auto Parts Inc COM 00751Y106 202 2900 SH SOLE 2900 0 0 Aecom Technology Corp. COM 00766T100 1576 76600 SH SOLE 72900 0 3700 Aetna Inc. COM 00817Y108 131 3100 SH SOLE 3100 0 0 Alcoa, Inc. COM 013817101 58 6700 SH SOLE 6700 0 0 Alere Inc. 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COM H01531104 4625 73500 SH SOLE 46200 0 27300 Allstate Corporation COM 020002101 44 1600 SH SOLE 700 0 900 Altria Group Inc COM 02209S103 13769 464400 SH SOLE 292900 0 171500 Ameren Corp COM 023608102 15720 474500 SH SOLE 261300 0 213200 American Campus Communities COM 024835100 1297 30900 SH SOLE 26500 0 4400 American Electric Power COM 025537101 847 20500 SH SOLE 18000 0 2500 American Equity Investment COM 025676206 608 58500 SH SOLE 6300 0 52200 American Financial Group COM 025932104 302 8200 SH SOLE 8200 0 0 American Greetings cl A COM 026375105 106 8500 SH SOLE 8500 0 0 American Water Works COM 030420103 2364 74200 SH SOLE 64200 0 10000 AmerisourceBergen Corp COM 03073E105 14340 385600 SH SOLE 226700 0 158900 Ameristar Casinos, Inc. COM 03070Q101 114 6600 SH SOLE 6600 0 0 Anixter International COM 035290105 376 6300 SH SOLE 6300 0 0 Annaly Capital Mgmt. COM 035710409 18914 1185100 SH SOLE 656900 0 528200 Arch Capital Group Ltd. COM G0450A105 2718 73000 SH SOLE 39700 0 33300 Arch Coal Inc. COM 039380100 180 12400 SH SOLE 12400 0 0 Archer Daniels Midland COM 039483102 7510 262600 SH SOLE 149800 0 112800 Ares Capital Corp COM 04010L103 904 58500 SH SOLE 58500 0 0 Arrow Electronics Inc COM 042735100 419 11200 SH SOLE 11200 0 0 Assurant Inc. COM 04621X108 1819 44300 SH SOLE 9600 0 34700 Atmos Energy Corp COM 049560105 697 20900 SH SOLE 11800 0 9100 AutoZone Inc. COM 053332102 65 200 SH SOLE 0 0 200 Avery Dennison Corp. COM 053611109 264 9200 SH SOLE 9200 0 0 Avista Corp COM 05379B107 44 1700 SH SOLE 1700 0 0 Avnet Inc COM 053807103 650 20900 SH SOLE 20900 0 0 Axis Capital Holdings Ltd COM G0692U109 2455 76800 SH SOLE 22400 0 54400 BOK Financial Corp. COM 05561Q201 33 600 SH SOLE 600 0 0 Bank of America Corp COM 060505104 3615 650094 SH SOLE 253632 0 396462 Bank of Hawaii Corp COM 062540109 294 6600 SH SOLE 6600 0 0 Bank of New York Mellon Corp. 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(Ne COM 19122T109 969 37600 SH SOLE 27700 0 9900 Comcast Cl A COM 20030N101 40 1700 SH SOLE 1700 0 0 CommVault Systems, Inc. COM 204166102 269 6300 SH SOLE 6300 0 0 Commerce Bancshares Inc COM 200525103 1003 26306 SH SOLE 24312 0 1994 Community Bank System Inc COM 203607106 375 13500 SH SOLE 6300 0 7200 Complete Production Services COM 20453E109 131 3900 SH SOLE 3900 0 0 Computer Programs & Systems COM 205306103 118 2300 SH SOLE 2300 0 0 Computer Sciences Corp COM 205363104 19 800 SH SOLE 800 0 0 ConocoPhillips COM 20825C104 146 2000 SH SOLE 2000 0 0 Consolidated Edison, Inc. COM 209115104 3145 50700 SH SOLE 23600 0 27100 Constellation Energy Group COM 210371100 10588 266900 SH SOLE 147900 0 119000 Corn Products International COM 219023108 2398 45600 SH SOLE 19600 0 26000 Costco Wholesale Corp COM 22160K105 292 3500 SH SOLE 2600 0 900 Coventry Health Care COM 222862104 255 8400 SH SOLE 8400 0 0 Cracker Barrel Old Cntry Store COM 22410J106 585 11600 SH SOLE 11600 0 0 Cullen/Frost Bankers COM 229899109 1640 31000 SH SOLE 21300 0 9700 DIRECTV Class A COM 25490A101 363 8500 SH SOLE 8500 0 0 DISH Network Corp Cl A COM 25470M109 450 15800 SH SOLE 15800 0 0 Dell Inc. COM 24702R101 2702 184700 SH SOLE 177300 0 7400 Delta Air Lines, Inc. COM 247361702 111 13700 SH SOLE 13700 0 0 Dillards Inc cl A COM 254067101 1248 27800 SH SOLE 20300 0 7500 Discovery Communications A COM 25470F104 5084 124100 SH SOLE 35500 0 88600 DuPont de Nemours & Co. COM 263534109 613 13400 SH SOLE 13400 0 0 Duke Energy Corp COM 26441C105 574 26100 SH SOLE 26100 0 0 Dun & Bradstreet Corp COM 26483E100 1519 20300 SH SOLE 13200 0 7100 EMCOR Group Inc. COM 29084Q100 147 5500 SH SOLE 5500 0 0 EZCORP Inc. COM 302301106 306 11600 SH SOLE 11600 0 0 Edison International COM 281020107 2029 49000 SH SOLE 44300 0 4700 El Paso Electric Co. COM 283677854 2695 77800 SH SOLE 34600 0 43200 Eli Lilly & Co. COM 532457108 353 8500 SH SOLE 8500 0 0 Empire District Electric Co. 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COM 806407102 161 2500 SH SOLE 2500 0 0 Hershey Co. COM 427866108 278 4500 SH SOLE 4500 0 0 Hi-Tech Pharmacal Co. COM 42840B101 513 13200 SH SOLE 6100 0 7100 Hibbett Sports, Inc. COM 428567101 140 3100 SH SOLE 3100 0 0 HollyFrontier Corporation COM 436106108 3632 155200 SH SOLE 79900 0 75300 Hologic Inc. COM 436440101 177 10100 SH SOLE 10100 0 0 Home Depot Inc. COM 437076102 3695 87900 SH SOLE 7700 0 80200 Hormel Foods Corp COM 440452100 580 19800 SH SOLE 3400 0 16400 Humana Inc. COM 444859102 18337 209300 SH SOLE 104300 0 105000 IAC/InterActiveCorp COM 44919P508 601 14100 SH SOLE 14100 0 0 IPG Photonics Corp COM 44980X109 139 4100 SH SOLE 4100 0 0 ITC Holdings Corporation COM 465685105 23 300 SH SOLE 300 0 0 ITT Educational Services Inc COM 45068B109 6503 114300 SH SOLE 65200 0 49100 Iconix Brand Group, Inc. COM 451055107 3431 210600 SH SOLE 109200 0 101400 Ingram Micro Inc. 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COM 577081102 150 5400 SH SOLE 5400 0 0 McGraw-Hill Companies COM 580645109 445 9900 SH SOLE 9900 0 0 McKesson Corp COM 58155Q103 17943 230300 SH SOLE 154700 0 75600 Medco Health Solutions Inc COM 58405U102 173 3100 SH SOLE 3100 0 0 MetLife, Inc. COM 59156R108 3121 100084 SH SOLE 66261 0 33823 Momenta Pharmaceuticals COM 60877T100 426 24500 SH SOLE 6100 0 18400 Morgan Stanley COM 617446448 454 30000 SH SOLE 30000 0 0 Morningstar, Inc. COM 617700109 24 400 SH SOLE 400 0 0 Myriad Genetics Inc. COM 62855J104 205 9800 SH SOLE 9800 0 0 NRG Energy Inc COM 629377508 8352 460900 SH SOLE 160200 0 300700 NV Energy, Inc. COM 67073Y106 1913 117000 SH SOLE 75000 0 42000 Navistar International Corp COM 63934E108 189 5000 SH SOLE 5000 0 0 New York Cmnty Bancorp COM 649445103 549 44400 SH SOLE 32300 0 12100 Newell Rubbermaid Inc COM 651229106 244 15100 SH SOLE 15100 0 0 NextEra Energy, Inc. 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