Chief Compliance Officer

0001941040-23-000288.txt : 20231019 0001941040-23-000288.hdr.sgml : 20231019 20231019130036 ACCESSION NUMBER: 0001941040-23-000288 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230930 FILED AS OF DATE: 20231019 DATE AS OF CHANGE: 20231019 EFFECTIVENESS DATE: 20231019 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 SEC ACT: 1934 Act SEC FILE NUMBER: 028-10130 FILM NUMBER: 231334224 BUSINESS ADDRESS: STREET 1: 5075 SHOREHAM PLACE STREET 2: SUITE 120 CITY: SAN DIEGO STATE: CA ZIP: 92122 BUSINESS PHONE: 858-558-3600 MAIL ADDRESS: STREET 1: 5075 SHOREHAM PLACE STREET 2: SUITE 120 CITY: SAN DIEGO STATE: CA ZIP: 92122 13F-HR 1 primary_doc.xml X0202 13F-HR LIVE false false false 0001142941 XXXXXXXX 09-30-2023 09-30-2023 false DENALI ADVISORS LLC

5075 Shoreham Place Suite 120 San Diego CA 92122

13F COMBINATION REPORT 028-10130 000110242 801-60039 0001390777 028-12592 Bank of New York Mellon Corp N Stephanie Neruda Chief Compliance Officer 858-558-3600 Stephanie Neruda San Diego CA 10-19-2023 0 468 284832947 INFORMATION TABLE 2 infotable.xml 1st Source Corporation COM 336901103 1974021 46900 SH SOLE 12000 0 34900 ACM Research Inc COM 00108J109 660833 36500 SH SOLE 0 0 36500 AFLAC INC COM COM 001055102 901275 11743 SH SOLE 11743 0 0 AG Mortgage Investment Tr COM 001228501 103785 18700 SH SOLE 0 0 18700 AMC Networks Inc. cl A COM 00164V103 2641771 224259 SH SOLE 58059 0 166200 AMN Healthcare Services COM 001744101 3578 42 SH SOLE 42 0 0 APA Corporation COM 03743Q108 1480 36 SH SOLE 36 0 0 API Group Corp COM 00187Y100 3293 127 SH SOLE 127 0 0 Academy Sports and Outdoors COM 00402L107 2600 55 SH SOLE 55 0 0 Acco Brands Corporation COM 00081T108 217546 37900 SH SOLE 0 0 37900 Adams Resources & Energy COM 006351308 70749 2100 SH SOLE 0 0 2100 AdaptHealth Corp COM 00653Q102 2148 236 SH SOLE 236 0 0 Aersale Corp COM 00810F106 41832 2800 SH SOLE 0 0 2800 Affiliated Managers Group COM 008252108 5214 40 SH SOLE 40 0 0 Agco Corporation COM 001084102 24366 206 SH SOLE 206 0 0 Alexanders Inc. COM 014752109 1767631 9700 SH SOLE 1500 0 8200 Alignment Healthcare COM 01625V104 1673 241 SH SOLE 241 0 0 Allison Transmission Holdings COM 01973R101 2599 44 SH SOLE 44 0 0 Ally Financial Inc. COM 02005N100 50612 1897 SH SOLE 1897 0 0 Alphabet Inc. Class A COM 02079K305 876762 6700 SH SOLE 6700 0 0 Amdocs Limited COM G02602103 600639 7109 SH SOLE 7109 0 0 Amerco COM 023586100 26739 490 SH SOLE 490 0 0 American Eagle Outfitters Inc COM 02553E106 1644 99 SH SOLE 99 0 0 American Equity Investment COM 025676206 3957291 73775 SH SOLE 18875 0 54900 American Intl Group, Inc. COM 026874784 551460 9100 SH SOLE 9100 0 0 American Software COM 029683109 333543 29105 SH SOLE 105 0 29000 Ameris Bancorp COM 03076K108 203467 5300 SH SOLE 1300 0 4000 Amkor Technology Inc COM 031652100 2082839 92161 SH SOLE 22961 0 69200 Annaly Capital Mgmt. COM 035710839 395 21 SH SOLE 21 0 0 Apartment Income REIT COM 03750L109 6785 221 SH SOLE 221 0 0 Arcbest Corp COM 03937C105 2846 28 SH SOLE 28 0 0 Arch Resources Inc COM 03940R107 2474570 14500 SH SOLE 2400 0 12100 Archer Daniels Midland COM 039483102 437436 5800 SH SOLE 5800 0 0 Arko Corp COM 041242108 2309 323 SH SOLE 323 0 0 Armada Hoffler Properties Inc. COM 04208T108 404480 39500 SH SOLE 6200 0 33300 Arrow Electronics Inc COM 042735100 540035 4312 SH SOLE 4312 0 0 Assertio Holdings COM 04546C205 109312 42700 SH SOLE 0 0 42700 Assured Guaranty Ltd COM G0585R106 1634 27 SH SOLE 27 0 0 Atea Pharmaceuticals COM 04683R106 54000 18000 SH SOLE 0 0 18000 Atlanticus Holdings COM 04914Y102 850347 28055 SH SOLE 855 0 27200 AutoNation Inc. COM 05329W102 19076 126 SH SOLE 126 0 0 Avangrid Inc. COM 05351W103 64322 2132 SH SOLE 2132 0 0 Aveanna Healthcare Holdings Inc COM 05356F105 1490 1252 SH SOLE 1252 0 0 Avis Budget Group, Inc. COM 053774105 19946 111 SH SOLE 111 0 0 Avnet Inc. COM 053807103 6313 131 SH SOLE 131 0 0 BOK Financial Corp. COM 05561Q201 6478 81 SH SOLE 81 0 0 BRT Apartments Corp COM 055645303 186516 10800 SH SOLE 0 0 10800 Bank of America Corp COM 060505104 837828 30600 SH SOLE 30600 0 0 Bank of NT Butterfield LTD COM G0772R208 4054147 149710 SH SOLE 38010 0 111700 Bank of New York Mellon Corp. COM 064058100 347939 8158 SH SOLE 8158 0 0 Bank7 Corp COM 06652N107 164323 7300 SH SOLE 0 0 7300 Beacon Roofing Supply COM 073685109 4167 54 SH SOLE 54 0 0 Beazer Homes USA COM 07556Q881 2254978 90525 SH SOLE 21725 0 68800 Belden Inc. COM 077454106 3476 36 SH SOLE 36 0 0 Berkshire Hathaway cl B COM 084670702 1261080 3600 SH SOLE 3600 0 0 Best Buy Inc. COM 086516101 14450 208 SH SOLE 208 0 0 Bluegreen Vacations Holding Corp COM 096308101 1089396 29700 SH SOLE 1100 0 28600 Bluelinx Holdings COM 09624H208 4370964 53246 SH SOLE 12446 0 40800 Boise Cascade LLC COM 09739D100 4431 43 SH SOLE 43 0 0 Bread Financial Holdings COM 018581108 3573968 104502 SH SOLE 25402 0 79100 Bridgewater Bancshares Inc COM 108621103 94800 10000 SH SOLE 0 0 10000 Brightsphere Investment Group COM 10948W103 1036318 53446 SH SOLE 13646 0 39800 Brookfield Infrastructure Corporation COM 11275Q107 742 21 SH SOLE 21 0 0 Brown-Forman cl B COM 115637209 462558 8018 SH SOLE 8018 0 0 Buckle Inc. COM 118440106 1269421 38018 SH SOLE 9618 0 28400 Bunge Limited COM G16962105 716290 6617 SH SOLE 6617 0 0 Business First Bancshares COM 12326C105 170716 9100 SH SOLE 0 0 9100 Byline Bancorp Inc. COM 124411109 297621 15100 SH SOLE 0 0 15100 CDW Corporation COM 12514G108 40352 200 SH SOLE 200 0 0 CNA Financial Corp. COM 126117100 76693 1949 SH SOLE 1949 0 0 CNO Financial Group, Inc. COM 12621E103 249165 10500 SH SOLE 6800 0 3700 CORE Molding Tech COM 218683100 327635 11500 SH SOLE 0 0 11500 CPI Card Group Inc COM 12634H200 275948 14900 SH SOLE 0 0 14900 CVR Energy, Inc. COM 12662P108 2008 59 SH SOLE 59 0 0 Cabot Corporation COM 127055101 901 13 SH SOLE 13 0 0 Cal-Maine Foods Inc. COM 128030202 1259 26 SH SOLE 26 0 0 Camping World Holdings, Inc. COM 13462K109 2225 109 SH SOLE 109 0 0 Cano Health COM 13781Y103 1711 6745 SH SOLE 6745 0 0 Capital One Financial Corp. COM 14040H105 621120 6400 SH SOLE 6400 0 0 Carlyle Finance LLC COM 14316J108 27958 927 SH SOLE 927 0 0 Carrier Global Corporation COM 14448C104 380880 6900 SH SOLE 6900 0 0 Carters Inc COM 146229109 20745 300 SH SOLE 300 0 0 Carvana Co COM 146869102 2057 49 SH SOLE 49 0 0 Celanese Corporation COM 150870103 64643 515 SH SOLE 515 0 0 Central Valley Community Bancorp COM 155685100 104414 7400 SH SOLE 0 0 7400 Centrus Energy COM 15643U104 2045574 36039 SH SOLE 3839 0 32200 Century Communities, Inc. COM 156504300 3728862 55838 SH SOLE 13838 0 42000 Championx Corp COM 15872M104 962 27 SH SOLE 27 0 0 Charles River Laboratories COM 159864107 19598 100 SH SOLE 100 0 0 Chesapeake Energy Corp COM 165167735 603438 6998 SH SOLE 6998 0 0 Cincinnati Financial Corp COM 172062101 574870 5620 SH SOLE 5620 0 0 Cinemark Holdings Inc COM 17243V102 532 29 SH SOLE 29 0 0 Cirrus Logic Inc. COM 172755100 30398 411 SH SOLE 411 0 0 Claros Mortgage Trust COM 18270D106 399988 36100 SH SOLE 0 0 36100 Clearfield Inc. COM 18482P103 186290 6500 SH SOLE 0 0 6500 Cleveland-Cliffs Inc. COM 185899101 4236 271 SH SOLE 271 0 0 Coca-Cola Bottling Cl A COM 191098102 1909 3 SH SOLE 3 0 0 Columbia Sportswear Co. COM 198516106 2075 28 SH SOLE 28 0 0 Comerica, Inc. COM 200340107 19071 459 SH SOLE 459 0 0 Concentrix Corp. COM 20602D101 27077 338 SH SOLE 338 0 0 ConnectOne Bancorp Inc COM 20786W107 590173 33100 SH SOLE 4500 0 28600 Constellium COM F21107101 2257 124 SH SOLE 124 0 0 Consumer Portfolio Services COM 210502100 449872 49600 SH SOLE 0 0 49600 Containers Store Group COM 210751103 139275 61900 SH SOLE 0 0 61900 Cooper Companies, Inc. COM 216648402 31801 100 SH SOLE 100 0 0 Copart, Inc. (DE) COM 217204106 137888 3200 SH SOLE 3200 0 0 Core & Main Inc COM 21874C102 1673 58 SH SOLE 58 0 0 Corecard Corporation COM 45816D100 320940 16047 SH SOLE 47 0 16000 Costamare Inc COM Y1771G102 4012454 417095 SH SOLE 106195 0 310900 Coterra Energy Inc COM 127097103 300255 11100 SH SOLE 11100 0 0 Crane Company COM 224408104 622 7 SH SOLE 7 0 0 Crescent Energy COM 44952J104 1037744 82100 SH SOLE 19900 0 62200 Cross Country Healthcare Inc COM 227483104 3024 122 SH SOLE 122 0 0 Crossfirst Bancshares COM 22766M109 107963 10700 SH SOLE 0 0 10700 Curtiss-Wright Corp. COM 231561101 20541 105 SH SOLE 105 0 0 Customers Bancorp Inc COM 23204G100 2926321 84944 SH SOLE 21544 0 63400 D.R. Horton Inc. COM 23331A109 344979 3210 SH SOLE 3210 0 0 DISH Network Corp cl A COM 25470M109 37850 6459 SH SOLE 6459 0 0 DLH Holdings COM 23335Q100 445794 38200 SH SOLE 0 0 38200 DaVita HealthCare Partners Inc COM 23918K108 19473 206 SH SOLE 206 0 0 Daseke COM 23753F107 330372 64400 SH SOLE 0 0 64400 Destination XL Group COM 25065K104 190400 42500 SH SOLE 0 0 42500 Dicks Sporting Goods Inc COM 253393102 869 8 SH SOLE 8 0 0 Dillards Inc cl A COM 254067101 3277665 9908 SH SOLE 2608 0 7300 Diodes Inc. COM 254543101 2681 34 SH SOLE 34 0 0 Discover Financial Services COM 254709108 591076 6823 SH SOLE 6823 0 0 Distribution Solutions Group COM 520776105 135200 5200 SH SOLE 0 0 5200 Dolby Laboratories Inc. COM 25659T107 24571 310 SH SOLE 310 0 0 Dorian LPG Ltd. COM Y2106R110 135031 4700 SH SOLE 0 0 4700 Dow Chemical Company COM 260557103 30936 600 SH SOLE 600 0 0 Dream Finders Homes Inc COM 26154D100 1010198 45443 SH SOLE 12343 0 33100 Ducommun COM 264147109 208848 4800 SH SOLE 0 0 4800 ePlus Inc. COM 294268107 1907950 30037 SH SOLE 8637 0 21400 ESAB Corporation COM 29605J106 1475 21 SH SOLE 21 0 0 Eagle Pharmaceuticals Inc COM 269796108 509371 32300 SH SOLE 0 0 32300 Earthstone Energy COM 27032D304 431112 21300 SH SOLE 0 0 21300 East West Bancorp, Inc. COM 27579R104 15813 300 SH SOLE 300 0 0 Ebix Inc COM 278715206 278616 28200 SH SOLE 0 0 28200 EchoStar Corp. COM 278768106 522600 31200 SH SOLE 8000 0 23200 Embecta Corp COM 29082K105 1388347 92249 SH SOLE 26949 0 65300 Enact Holdings Inc COM 29249E109 3195876 117366 SH SOLE 29966 0 87400 Encore Wire Corporation COM 292562105 6569 36 SH SOLE 36 0 0 Ennis Inc COM 293389102 201590 9500 SH SOLE 0 0 9500 Enova International, Inc. COM 29357K103 4454788 87572 SH SOLE 22372 0 65200 Ensign Group COM 29358P101 3531 38 SH SOLE 38 0 0 Enstar Group Limited COM G3075P101 1452000 6000 SH SOLE 1700 0 4300 Envela Corp COM 29402E102 163530 34500 SH SOLE 0 0 34500 Epsilon Energy COM 294375209 59136 11200 SH SOLE 0 0 11200 Equity Bancshares COM 29460X109 122757 5100 SH SOLE 0 0 5100 Erasca Inc COM 29479A108 221822 112600 SH SOLE 0 0 112600 Escalade Inc. COM 296056104 47461 3100 SH SOLE 0 0 3100 Essent Group COM G3198U102 4024143 85095 SH SOLE 21695 0 63400 Essential Properties Realty Trust COM 29670E107 497 23 SH SOLE 23 0 0 Evi Industries COM 26929N102 208488 8400 SH SOLE 0 0 8400 Exelixis Inc. COM 30161Q104 37145 1700 SH SOLE 1700 0 0 Expeditors International of WA COM 302130109 241296 2105 SH SOLE 2105 0 0 Eyepoint Pharmaceuticals COM 30233G209 111061 13900 SH SOLE 0 0 13900 FS Bancorp Inc. COM 30263Y104 380550 12900 SH SOLE 0 0 12900 FTI Consulting, Inc. COM 302941109 18555 104 SH SOLE 104 0 0 Fabrinet COM G3323L100 3999 24 SH SOLE 24 0 0 Federal Agricultural Mortgage COM 313148306 1789880 11600 SH SOLE 3200 0 8400 Fidelity National Fin Inc. COM 31620R303 775697 18782 SH SOLE 18782 0 0 First American Financial Corp COM 31847R102 6270 111 SH SOLE 111 0 0 First Busey Corporation COM 319383204 21142 1100 SH SOLE 1100 0 0 First Cash Fncl Svcs Inc. COM 33768G107 2309 23 SH SOLE 23 0 0 First Financial Bancorp OH COM 320209109 1856120 94700 SH SOLE 23000 0 71700 First Guaranty Bancshares COM 32043P106 44000 4000 SH SOLE 0 0 4000 First Hawaiian, Inc COM 32051X108 1805 100 SH SOLE 100 0 0 First Internet Bancorp COM 320557101 648400 40000 SH SOLE 0 0 40000 First Merchants Corp COM 320817109 1541228 55400 SH SOLE 15300 0 40100 First Mid-Illinois Bancshares COM 320866106 100928 3800 SH SOLE 0 0 3800 Flex LNG Ltd COM G35947202 2798848 92800 SH SOLE 22200 0 70600 Fluor Corporation COM 343412102 3780 103 SH SOLE 103 0 0 Fonar Corporation COM 344437405 203280 13200 SH SOLE 0 0 13200 Forestar Group COM 346232101 1215748 45128 SH SOLE 11228 0 33900 Friedman Industries COM 358435105 26800 2000 SH SOLE 0 0 2000 Fulcrum Therapeutics COM 359616109 313464 70600 SH SOLE 0 0 70600 FutureFuel Corp COM 36116M106 243780 34000 SH SOLE 0 0 34000 G1 Therapeutics COM 3621LQ109 214272 148800 SH SOLE 0 0 148800 GMS Inc COM 36251C103 4350 68 SH SOLE 68 0 0 Gaming and Leisure Properties, Inc. COM 36467J108 13665 300 SH SOLE 300 0 0 Gates Industrial Corp COM G39108108 2961 255 SH SOLE 255 0 0 General Dynamics Corp. COM 369550108 685007 3100 SH SOLE 3100 0 0 General Motors Company COM 37045V100 520926 15800 SH SOLE 15800 0 0 Generation Bio COM 37148K100 40174 10600 SH SOLE 0 0 10600 Genie Energy COM 372284208 805731 54700 SH SOLE 0 0 54700 Genpact Limited COM G3922B107 18715 517 SH SOLE 517 0 0 Genworth Financial Inc COM 37247D106 494584 84400 SH SOLE 11100 0 73300 Geo Group Inc COM 36162J106 1501848 183600 SH SOLE 60000 0 123600 Global Foundries COM G39387108 285829 4912 SH SOLE 4912 0 0 Global Industrial Co. 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COM 49428J109 49284 1800 SH SOLE 0 0 1800 Kroger Company COM 501044101 354286 7917 SH SOLE 7917 0 0 Kronos Worldwide Inc. COM 50105F105 1513575 195300 SH SOLE 46100 0 149200 Kura Oncology COM 50127T109 82080 9000 SH SOLE 0 0 9000 LCI Industries COM 50189K103 1761 15 SH SOLE 15 0 0 LKQ Corporation COM 501889208 15348 310 SH SOLE 310 0 0 LSI Industries COM 50216C108 314424 19800 SH SOLE 0 0 19800 Lands' End, Inc. COM 51509F105 64242 8600 SH SOLE 0 0 8600 Landsea Homes Corp COM 51509P103 455793 50700 SH SOLE 0 0 50700 Landstar System Inc. COM 515098101 708 4 SH SOLE 4 0 0 Legacy Housing Corporation COM 52472M101 252330 13000 SH SOLE 0 0 13000 Leidos Holdings, Inc. COM 525327102 240538 2610 SH SOLE 2610 0 0 Lennar Corp cl A COM 526057104 754747 6725 SH SOLE 6725 0 0 Liberty Oilfield Services COM 53115L104 1519 82 SH SOLE 82 0 0 Lifeway Foods COM 531914109 90992 8800 SH SOLE 0 0 8800 Lions Gate Entertainment Corp COM 535919401 882 104 SH SOLE 104 0 0 Liquidity Services, Inc. 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COM 566324109 792 27 SH SOLE 27 0 0 Marine Products Corp COM 568427108 782971 55100 SH SOLE 0 0 55100 Marinus Pharmaceuticals COM 56854Q200 214130 26600 SH SOLE 0 0 26600 Markel Corp COM 570535104 150194 102 SH SOLE 102 0 0 Mastech Digital COM 57633B100 163800 18200 SH SOLE 0 0 18200 Matson Inc. COM 57686G105 1207302 13608 SH SOLE 3408 0 10200 Maximus COM 577933104 1419 19 SH SOLE 19 0 0 Medallion Financial COM 583928106 84240 12000 SH SOLE 0 0 12000 Mercantile Bank Corp COM 587376104 179278 5800 SH SOLE 0 0 5800 Merchants Bancorp COM 58844R108 2240025 80809 SH SOLE 16359 0 64450 Metropolitan Bank Holding Corp COM 591774104 464384 12800 SH SOLE 0 0 12800 Midland States Bancorp Inc COM 597742105 92430 4500 SH SOLE 0 0 4500 Modivcare COM 60783X104 2300 73 SH SOLE 73 0 0 Morgan Stanley COM 617446448 579857 7100 SH SOLE 7100 0 0 Mosaic Co. (The) COM 61945C103 14667 412 SH SOLE 412 0 0 Movado Group Inc. 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Transportation COM 693149106 476255 22100 SH SOLE 0 0 22100 PBF Energy Inc cl A COM 69318G106 5103764 95344 SH SOLE 24544 0 70800 PC Connection, Inc. COM 69318J100 4425202 82900 SH SOLE 21000 0 61900 PMV Pharmaceuticals COM 69353Y103 187270 30500 SH SOLE 0 0 30500 Paccar Inc. COM 693718108 535626 6300 SH SOLE 6300 0 0 Pacific Premier Bancorp Inc COM 69478X105 544 25 SH SOLE 25 0 0 Par Pacific Holding COM 69888T207 2228 62 SH SOLE 62 0 0 Patrick Industries Inc. COM 703343103 142614 1900 SH SOLE 0 0 1900 Patterson Companies Inc COM 703395103 3912 132 SH SOLE 132 0 0 Peabody Energy Corp COM 704551100 3030434 116600 SH SOLE 49300 0 67300 PennyMac Financial Service Inc COM 70932M107 840292 12617 SH SOLE 3317 0 9300 Penske Automotive Group, Inc. COM 70959W103 426170 2551 SH SOLE 2551 0 0 Perdoceo Education Corp COM 71363P106 3895380 227800 SH SOLE 60400 0 167400 Pfizer Inc. 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