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Portfolio (Quarterly) Guide ↗

Azarias Capital Management, L.P.

· CIK 0001625279
13F Portfolio $223M AUM 24 positions Filed Apr 16, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 3 New 9 Added 10 Reduced 4 Exited
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 URG UR-ENERGY INC Energy 13,604,304.0 $20.3M 9.08% -346K -2.5% $1.49 +0.7%
2 NXE NEXGEN ENERGY LTD Energy 682,943.0 $7.9M 3.55% -397K -36.8% $11.60 -8.2%
3 IPI INTREPID POTASH INC Basic Materials 173,654.0 $7.4M 3.33% -121K -41.1% $42.77 -19.4%
4 UUUU ENERGY FUELS INC Energy 380,528.0 $6.9M 3.11% -38K -9.2% $18.25 -9.3%
5 CCJ CAMECO CORP Energy 50,371.0 $5.5M 2.45% -37K -42.6% $108.61 -2.0%
6 HOFT HOOKER FURNISHINGS CORPORATI Consumer Cyclical 397,176.0 $5.1M 2.29% -76K -16.1% $12.88 +22.7%
7 SD SANDRIDGE ENERGY INC Energy 312,396.0 $5.1M 2.28% -98K -23.9% $16.31 -14.0%
8 SMP STANDARD MTR PRODS INC Consumer Cyclical 127,206.0 $4.4M 1.98% -25K -16.3% $34.74 +13.4%
9 UFI UNIFI INC Consumer Cyclical 875,137.0 $3.1M 1.40% -29K -3.2% $3.57 +15.7%
10 COHU COHU INC Technology 59,559.0 $1.8M 0.82% -178K -74.9% $30.62 +126.6%

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Financial Services 37.7%
Energy 32.6%
Consumer Cyclical 11.9%
Industrials 11.8%
Basic Materials 3.7%
Technology 2.3%