Azarias Capital Management, L.P. Long-Term Concentrated

Location: Berwyn, PA

CIK: 0001625279 · Show all filings

Period: Q1 2025 (← Previous) (Next →)

Filing Date: Apr 22, 2025

Total Value: $180M (100.0% shares, 0.0% debt)

Holdings (23)

SPY SPDR S&P 500 ETF TR 33.0%

Value $59.55M Shares 106,461 Share Price $559.39 Est. Cost/Share $587.78 Unrealized @ Report Date -4.8%

URG UR-ENERGY INC 6.7%

Value $12.1M Shares 17,945,808 Share Price $0.67 Est. Cost/Share $1.40 Unrealized @ Report Date -52.0%

NXE NEXGEN ENERGY LTD 4.4%

Value $8.031M Shares 1,788,651 Share Price $4.49 Est. Cost/Share $5.28 Unrealized @ Report Date -14.9%

MTRX MATRIX SVC CO 3.9%

Value $7.099M Shares 571,155 Share Price $12.43 Est. Cost/Share $9.62 Unrealized @ Report Date +29.2%

IPI INTREPID POTASH INC 3.9%

Value $7.035M Shares 239,380 Share Price $29.39 Est. Cost/Share $23.08 Unrealized @ Report Date +27.4%

EU ENCORE ENERGY CORP 3.9%

Value $6.992M Shares 5,103,345 Share Price $1.37 Est. Cost/Share $3.83 Unrealized @ Report Date -64.3%

SCHL SCHOLASTIC CORP 3.9%

Value $6.986M Shares 370,005 Share Price $18.88 * Est. Cost/Share $30.61 Unrealized @ Report Date -40.2%

MTUS METALLUS INC 3.8%

Value $6.944M Shares 519,773 Share Price $13.36 Est. Cost/Share $15.10 Unrealized @ Report Date -11.5%

SMP STANDARD MTR PRODS INC 3.7%

Value $6.633M Shares 266,053 Share Price $24.93 Est. Cost/Share $31.10 Unrealized @ Report Date -19.9%

HCSG HEALTHCARE SVCS GROUP INC 3.6%

Value $6.548M Shares 649,556 Share Price $10.08 Est. Cost/Share $12.77 Unrealized @ Report Date -21.1%

MPAA MOTORCAR PTS AMER INC 3.3%

Value $6.029M Shares 634,649 Share Price $9.50 Est. Cost/Share $12.68 Unrealized @ Report Date -25.1%

TBI TRUEBLUE INC 3.2%

Value $5.703M Shares 1,074,069 Share Price $5.31 Est. Cost/Share $11.59 Unrealized @ Report Date -54.2%

KMT KENNAMETAL INC 2.8%

Value $5.026M Shares 235,968 Share Price $21.30 * Est. Cost/Share $22.86 Unrealized @ Report Date -9.7%

VPG VISHAY PRECISION GROUP INC 2.7%

Value $4.897M Shares 203,290 Share Price $24.09 Est. Cost/Share $23.41 Unrealized @ Report Date +2.9%

HOFT HOOKER FURNISHINGS CORPORATI 2.7%

Value $4.876M Shares 485,707 Share Price $10.04 Est. Cost/Share $19.93 Unrealized @ Report Date -49.6%

CCJ CAMECO CORP 2.5%

Value $4.596M Shares 111,666 Share Price $41.16 Est. Cost/Share $25.79 Unrealized @ Report Date +59.3%

UFI UNIFI INC 2.5%

Value $4.538M Shares 943,364 Share Price $4.81 Est. Cost/Share $11.40 Unrealized @ Report Date -57.8%

— MAG SILVER CORP 2.5%

Value $4.481M Shares 293,244 Share Price $15.28 Est. Cost/Share $10.48 Unrealized @ Report Date —

DNN DENISON MINES CORP 2.2%

Value $3.984M Shares 3,064,876 Share Price $1.30 Est. Cost/Share $1.61 Unrealized @ Report Date -19.2%

UUUU ENERGY FUELS INC 1.9%

Value $3.401M Shares 911,721 Share Price $3.73 Est. Cost/Share $7.31 Unrealized @ Report Date -48.9%

RELL RICHARDSON ELECTRS LTD 1.8%

Value $3.189M Shares 285,710 Share Price $11.16 * Est. Cost/Share $10.68 Unrealized @ Report Date +2.0%

COHU COHU INC 0.6%

Value $1.021M Shares 69,379 Share Price $14.71 Est. Cost/Share $20.81 Unrealized @ Report Date -29.3%

SD SANDRIDGE ENERGY INC 0.5%

Value $816K Shares 71,476 Share Price $11.42 Est. Cost/Share $11.87 Unrealized @ Report Date -3.8%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	106,461	$59.55M	33.0%	$559.39	$587.78	-4.8%	TR UNIT	78462F103
URG	UR-ENERGY INC	17,945,808	$12.1M	6.7%	$0.67	$1.40	-52.0%	COM	91688R108
NXE	NEXGEN ENERGY LTD	1,788,651	$8.031M	4.4%	$4.49	$5.28	-14.9%	COM	65340P106
MTRX	MATRIX SVC CO	571,155	$7.099M	3.9%	$12.43	$9.62	+29.2%	COM	576853105
IPI	INTREPID POTASH INC	239,380	$7.035M	3.9%	$29.39	$23.08	+27.4%	COM	46121Y201
EU	ENCORE ENERGY CORP	5,103,345	$6.992M	3.9%	$1.37	$3.83	-64.3%	COM NEW	29259W700
SCHL	SCHOLASTIC CORP	370,005	$6.986M	3.9%	$18.88 *	$30.61	-40.2%	COM	807066105
MTUS	METALLUS INC	519,773	$6.944M	3.8%	$13.36	$15.10	-11.5%	COM	887399103
SMP	STANDARD MTR PRODS INC	266,053	$6.633M	3.7%	$24.93	$31.10	-19.9%	COM	853666105
HCSG	HEALTHCARE SVCS GROUP INC	649,556	$6.548M	3.6%	$10.08	$12.77	-21.1%	COM	421906108
MPAA	MOTORCAR PTS AMER INC	634,649	$6.029M	3.3%	$9.50	$12.68	-25.1%	COM	620071100
TBI	TRUEBLUE INC	1,074,069	$5.703M	3.2%	$5.31	$11.59	-54.2%	COM	89785X101
KMT	KENNAMETAL INC	235,968	$5.026M	2.8%	$21.30 *	$22.86	-9.7%	COM	489170100
VPG	VISHAY PRECISION GROUP INC	203,290	$4.897M	2.7%	$24.09	$23.41	+2.9%	COM	92835K103
HOFT	HOOKER FURNISHINGS CORPORATI	485,707	$4.876M	2.7%	$10.04	$19.93	-49.6%	COM	439038100
CCJ	CAMECO CORP	111,666	$4.596M	2.5%	$41.16	$25.79	+59.3%	COM	13321L108
UFI	UNIFI INC	943,364	$4.538M	2.5%	$4.81	$11.40	-57.8%	COM NEW	904677200
—	MAG SILVER CORP	293,244	$4.481M	2.5%	$15.28	$10.48	—	COM	55903Q104
DNN	DENISON MINES CORP	3,064,876	$3.984M	2.2%	$1.30	$1.61	-19.2%	COM	248356107
UUUU	ENERGY FUELS INC	911,721	$3.401M	1.9%	$3.73	$7.31	-48.9%	COM NEW	292671708
RELL	RICHARDSON ELECTRS LTD	285,710	$3.189M	1.8%	$11.16 *	$10.68	+2.0%	COM	763165107
COHU	COHU INC	69,379	$1.021M	0.6%	$14.71	$20.81	-29.3%	COM	192576106
SD	SANDRIDGE ENERGY INC	71,476	$816K	0.5%	$11.42	$11.87	-3.8%	COM NEW	80007P869