Arkolith/Funds/Azarias Capital Management, L.P.

Azarias Capital Management, L.P.

CIK 1625279
Holdings as of Jun 30, 2026·disclosed Jul 13, 2026·~13-day 13F lag·13F-HR
Active Filer

Azarias Capital Management, L.P. holds a focused book of 23 stocks worth $229.8M as of Q2 2026 (disclosed Jul 13, 2026, a ~13-day 13F lag). This quarter they opened Molina Healthcare Inc and trimmed Ur-Energy Inc. Their largest long position is SS SPDR S&P 500 ETF Trust-US at 35% of the equity book.

Opened
1
bought for the first time
Added to
5
already held, bought more
Trimmed
12
sold some, still holds it
Sold out
2
exited the position entirely

Concentration

Top-heavy: focused book

Top 5 holdings
56%
Top 10 holdings
72%
Top 20 holdings
97%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Direct sector allocation

65% mapped to company sectors

ETF / fund or unclassified
35%
Materials
29%
Consumer Discretionary
11%
Industrials
10%
Energy
9%
Health Care
3%
Financials
3%
Information Technology
0%

Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices, no cost basis

Bought
Trimmed / exited

Funds with the most overlap

Other tracked managers holding the same core names as Azarias Capital Management, L.P.

Manager / fundShared namesTheir $ in those
MORGAN STANLEY25 / 23$27.5B
GOLDMAN SACHS GROUP INC25 / 23$24.6B
UBS Group AG25 / 23$8.7B
SUSQUEHANNA INTERNATIONAL GROUP, LLP25 / 23$7.1B
BlackRock, Inc.25 / 23$6.1B
BARCLAYS PLC25 / 23$4.4B
Ken Griffin25 / 23$543.4M
CWM, LLC25 / 23$464.4M

Ranked by the share of each fund's own book sitting in the names it shares with Azarias Capital Management, L.P.: only funds sharing at least a tenth of the book qualify. Index giants, bank custody books and market makers are excluded. They hold everything, so their overlap says nothing.

Holdings: largest first

Bars show each stock's share of the portfolio. Click a row for its position history.

23 positions
#SecurityValueShares% PortLast moveHistory
1State STR SPDR S&P 500 ETF T
TR UNIT
$79.5M106.5K
34.6%
Held
2Ur-Energy Inc
COM
$18.0M13.20M
7.8%
−3.0%
Reduced · −405K sh
3Denison Mines Corp
COM
$13.0M4.24M
5.6%
+45%
Added · +1.3M sh
4Matrix SVC Co
COM
$9.2M673.7K
4.0%
−18%
Reduced · −143K sh
5Manpowergroup Inc Wis
COM
$9.0M266.1K
3.9%
−21%
Reduced · −71K sh
6Seadrill Ltd
COM
$8.0M211.3K
3.5%
+55%
Added · +75K sh
7Gulfport Energy Corp
COMMON SHARES
$7.9M46.4K
3.4%
+10%
Added · +4K sh
8Metallus Inc
COM
$7.8M419.5K
3.4%
−23%
Reduced · −124K sh
9Motorcar PTS Amer Inc
COM
$7.0M458.3K
3.1%
−14%
Reduced · −75K sh
10Molina Healthcare Inc
COM
$7.0M30.6K
3.0%
New
New position
11Employers Hldgs Inc
COM
$6.7M132.2K
2.9%
−5.7%
Reduced · −8K sh
12Nexgen Energy Ltd
COM
$6.4M682.9K
2.8%
Held
13Hooker Furnishings Corporati
COM
$6.0M336.5K
2.6%
−15%
Reduced · −61K sh
14Intrepid Potash Inc
COM
$5.8M178.3K
2.5%
+2.7%
Added · +5K sh
15Miller Inds Inc Tenn
COM NEW
$5.6M109.9K
2.4%
−0.5%
Reduced · −500 sh
16Energy Fuels Inc
COM NEW
$5.5M380.5K
2.4%
Held
17Encore Energy Corp
COM NEW
$5.4M4.09M
2.3%
−19%
Reduced · −976K sh
18Trueblue Inc
COM
$5.3M759.3K
2.3%
−24%
Reduced · −243K sh
19Cameco Corp
COM
$5.1M50.4K
2.2%
Held
20Standard MTR Prods Inc
COM
$4.7M121.1K
2.1%
−4.8%
Reduced · −6K sh
21Sandridge Energy Inc
COM NEW
$4.4M321.6K
1.9%
+2.9%
Added · +9K sh
22Unifi Inc
COM NEW
$2.2M456.7K
0.9%
−48%
Reduced · −418K sh
23Argan Inc
COM
$302K378
0.1%
Held
Showing all 23 positions
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Filing history

As-of date vs the date the SEC received each filing

QuarterAs ofFiledPositionsValueForm
Q2 2026Jun 30, 2026Jul 13, 202623$229.8M13F-HR
Q1 2026Mar 31, 2026Apr 16, 202624$223.1M13F-HR
Q4 2025Dec 31, 2025Jan 23, 202625$228.4M13F-HR
Q3 2025Sep 30, 2025Oct 15, 202524$252.5M13F-HR
Q2 2025Jun 30, 2025Jul 21, 202524$220.0M13F-HR
Q1 2025Mar 31, 2025Apr 22, 202523$180.5M13F-HR
Q4 2024Dec 31, 2024Jan 30, 202522$223.2M13F-HR
Q3 2024Sep 30, 2024Nov 4, 202420$224.9M13F-HR

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly, filed up to 45 days after quarter-end. Public domain. The book and weighting are long equity only; disclosed put/call options are listed separately and excluded from those totals. Price-derived performance is withheld until the price-source policy and freshness gate are green.