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

Location: Berwyn, PA

CIK: 0001625279 · Show all filings

Period: Q2 2025 (← Previous) (Next →)

Filing Date: Jul 21, 2025

Total Value: $220M (100.0% shares, 0.0% debt)

Holdings (24)

SPY SPDR S&P 500 ETF TR 29.9%

Value $65.78M Shares 106,461 Share Price $617.85 Est. Cost/Share $587.78 Unrealized @ Report Date +5.1%

URG UR-ENERGY INC 8.5%

Value $18.65M Shares 17,764,624 Share Price $1.05 Est. Cost/Share $1.40 Unrealized @ Report Date -24.8%

EU ENCORE ENERGY CORP 4.8%

Value $10.53M Shares 3,680,164 Share Price $2.86 Est. Cost/Share $3.83 Unrealized @ Report Date -25.4%

NXE NEXGEN ENERGY LTD 4.5%

Value $9.816M Shares 1,414,414 Share Price $6.94 Est. Cost/Share $5.28 Unrealized @ Report Date +31.5%

MTUS METALLUS INC 4.2%

Value $9.139M Shares 593,036 Share Price $15.41 Est. Cost/Share $14.88 Unrealized @ Report Date +3.5%

MTRX MATRIX SVC CO 3.9%

Value $8.481M Shares 627,766 Share Price $13.51 Est. Cost/Share $9.84 Unrealized @ Report Date +37.3%

SMP STANDARD MTR PRODS INC 3.6%

Value $7.917M Shares 257,726 Share Price $30.72 Est. Cost/Share $31.10 Unrealized @ Report Date -1.2%

SCHL SCHOLASTIC CORP 3.4%

Value $7.578M Shares 361,220 Share Price $20.98 * Est. Cost/Share $30.61 Unrealized @ Report Date -32.8%

CCJ CAMECO CORP 3.3%

Value $7.169M Shares 96,572 Share Price $74.23 Est. Cost/Share $25.79 Unrealized @ Report Date +187.3%

MPAA MOTORCAR PTS AMER INC 3.1%

Value $6.898M Shares 615,852 Share Price $11.20 Est. Cost/Share $12.68 Unrealized @ Report Date -11.6%

KMT KENNAMETAL INC 2.9%

Value $6.347M Shares 276,451 Share Price $22.96 * Est. Cost/Share $22.48 Unrealized @ Report Date -0.1%

VPG VISHAY PRECISION GROUP INC 2.7%

Value $6.029M Shares 214,564 Share Price $28.10 Est. Cost/Share $23.47 Unrealized @ Report Date +19.7%

TBI TRUEBLUE INC 2.6%

Value $5.826M Shares 899,119 Share Price $6.48 Est. Cost/Share $11.59 Unrealized @ Report Date -44.1%

IPI INTREPID POTASH INC 2.6%

Value $5.628M Shares 157,522 Share Price $35.73 Est. Cost/Share $23.08 Unrealized @ Report Date +54.8%

EXK ENDEAVOUR SILVER CORP 2.5%

Value $5.606M Shares 1,139,331 Share Price $4.92 Est. Cost/Share $3.94 Unrealized @ Report Date +24.9%

DNN DENISON MINES CORP 2.5%

Value $5.578M Shares 3,064,876 Share Price $1.82 Est. Cost/Share $1.61 Unrealized @ Report Date +13.1%

GPOR GULFPORT ENERGY CORP 2.3%

Value $5.015M Shares 24,931 Share Price $201.17 Est. Cost/Share $186.46 Unrealized @ Report Date +7.9%

UUUU ENERGY FUELS INC 2.2%

Value $4.933M Shares 857,933 Share Price $5.75 Est. Cost/Share $7.31 Unrealized @ Report Date -21.3%

HCSG HEALTHCARE SVCS GROUP INC 2.2%

Value $4.732M Shares 314,806 Share Price $15.03 Est. Cost/Share $12.77 Unrealized @ Report Date +17.7%

COHU COHU INC 2.1%

Value $4.537M Shares 235,811 Share Price $19.24 Est. Cost/Share $18.02 Unrealized @ Report Date +6.8%

HOFT HOOKER FURNISHINGS CORPORATI 1.7%

Value $3.747M Shares 354,190 Share Price $10.58 Est. Cost/Share $19.93 Unrealized @ Report Date -46.9%

SD SANDRIDGE ENERGY INC 1.7%

Value $3.744M Shares 346,070 Share Price $10.82 Est. Cost/Share $10.54 Unrealized @ Report Date +2.7%

UFI UNIFI INC 1.6%

Value $3.508M Shares 671,986 Share Price $5.22 Est. Cost/Share $11.40 Unrealized @ Report Date -54.2%

IWN ISHARES TR 1.3%

Value $2.823M Shares 17,897 Share Price $157.76 Est. Cost/Share $148.91 Unrealized @ Report Date +5.9%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	106,461	$65.78M	29.9%	$617.85	$587.78	+5.1%	TR UNIT	78462F103
URG	UR-ENERGY INC	17,764,624	$18.65M	8.5%	$1.05	$1.40	-24.8%	COM	91688R108
EU	ENCORE ENERGY CORP	3,680,164	$10.53M	4.8%	$2.86	$3.83	-25.4%	COM NEW	29259W700
NXE	NEXGEN ENERGY LTD	1,414,414	$9.816M	4.5%	$6.94	$5.28	+31.5%	COM	65340P106
MTUS	METALLUS INC	593,036	$9.139M	4.2%	$15.41	$14.88	+3.5%	COM	887399103
MTRX	MATRIX SVC CO	627,766	$8.481M	3.9%	$13.51	$9.84	+37.3%	COM	576853105
SMP	STANDARD MTR PRODS INC	257,726	$7.917M	3.6%	$30.72	$31.10	-1.2%	COM	853666105
SCHL	SCHOLASTIC CORP	361,220	$7.578M	3.4%	$20.98 *	$30.61	-32.8%	COM	807066105
CCJ	CAMECO CORP	96,572	$7.169M	3.3%	$74.23	$25.79	+187.3%	COM	13321L108
MPAA	MOTORCAR PTS AMER INC	615,852	$6.898M	3.1%	$11.20	$12.68	-11.6%	COM	620071100
KMT	KENNAMETAL INC	276,451	$6.347M	2.9%	$22.96 *	$22.48	-0.1%	COM	489170100
VPG	VISHAY PRECISION GROUP INC	214,564	$6.029M	2.7%	$28.10	$23.47	+19.7%	COM	92835K103
TBI	TRUEBLUE INC	899,119	$5.826M	2.6%	$6.48	$11.59	-44.1%	COM	89785X101
IPI	INTREPID POTASH INC	157,522	$5.628M	2.6%	$35.73	$23.08	+54.8%	COM	46121Y201
EXK	ENDEAVOUR SILVER CORP	1,139,331	$5.606M	2.5%	$4.92	$3.94	+24.9%	COM	29258Y103
DNN	DENISON MINES CORP	3,064,876	$5.578M	2.5%	$1.82	$1.61	+13.1%	COM	248356107
GPOR	GULFPORT ENERGY CORP	24,931	$5.015M	2.3%	$201.17	$186.46	+7.9%	COMMON SHARES	402635502
UUUU	ENERGY FUELS INC	857,933	$4.933M	2.2%	$5.75	$7.31	-21.3%	COM NEW	292671708
HCSG	HEALTHCARE SVCS GROUP INC	314,806	$4.732M	2.2%	$15.03	$12.77	+17.7%	COM	421906108
COHU	COHU INC	235,811	$4.537M	2.1%	$19.24	$18.02	+6.8%	COM	192576106
HOFT	HOOKER FURNISHINGS CORPORATI	354,190	$3.747M	1.7%	$10.58	$19.93	-46.9%	COM	439038100
SD	SANDRIDGE ENERGY INC	346,070	$3.744M	1.7%	$10.82	$10.54	+2.7%	COM NEW	80007P869
UFI	UNIFI INC	671,986	$3.508M	1.6%	$5.22	$11.40	-54.2%	COM NEW	904677200
IWN	ISHARES TR	17,897	$2.823M	1.3%	$157.76	$148.91	+5.9%	RUS 2000 VAL ETF	464287630