AEGIS FINANCIAL CORP Long-Term Concentrated

Location: Mc Lean, VA

CIK: 0001140753 · Show all filings

Period: Q4 2015 (← Previous) (Next →)

Filing Date: Feb 12, 2016

Total Value: $126M (100.0% shares, 0.0% debt)

Holdings (40)

— Alliance One International Inc. 10.7%

Value $13.49M Shares 1,175,914 Est. Cost $23.91 Unrealized —

DLAPQ Delta Apparel Inc. 8.4%

Value $10.6M Shares 754,966 Est. Cost $13.30 Unrealized +20.1%

— Resolute Forest Products Inc. 6.8%

Value $8.494M Shares 1,122,147 Est. Cost $11.36 Unrealized —

— WPX Energy Inc. 6.5%

Value $8.205M Shares 1,429,401 Est. Cost $11.12 Unrealized —

PLAB Photronics Inc. 5.7%

Value $7.207M Shares 578,890 Est. Cost $7.60 Unrealized +41.3%

— Nevsun Resources Ltd. 5.4%

Value $6.845M Shares 2,525,873 Est. Cost $3.05 Unrealized —

— Alaska Communications System 4.7%

Value $5.947M Shares 3,398,033 Est. Cost $2.11 Unrealized —

— McDermott International Inc. 4.5%

Value $5.683M Shares 1,696,509 Est. Cost $7.07 Unrealized —

MERC Mercer International Inc. 3.9%

Value $4.936M Shares 545,416 Est. Cost $4.74 Unrealized +48.1%

ZEUS Olympic Steel Inc. 3.5%

Value $4.384M Shares 378,587 Est. Cost $17.40 Unrealized -38.4%

— Ruby Tuesday 3.2%

Value $4.004M Shares 726,677 Est. Cost $7.92 Unrealized —

— Lake Shore Gold Corp. 3.2%

Value $4.002M Shares 4,938,836 Est. Cost $1.03 Unrealized —

— Mitcham Industies, Inc. 3.0%

Value $3.801M Shares 1,262,849 Est. Cost $6.32 Unrealized —

— Hardinge Inc. 2.9%

Value $3.637M Shares 390,237 Est. Cost $14.36 Unrealized —

— Superior Industries International Inc. 2.9%

Value $3.635M Shares 197,334 Est. Cost $17.25 Unrealized —

— Universal Stainless & Alloy Products Inc. 2.8%

Value $3.52M Shares 378,957 Est. Cost $25.90 Unrealized —

— Parker Drilling Co. 2.5%

Value $3.114M Shares 1,711,054 Est. Cost $3.13 Unrealized —

CFNB California First National Bank Corp. 2.4%

Value $2.965M Shares 224,244 Est. Cost $12.21 Unrealized -13.0%

AGI Alamos Gold Inc. 2.4%

Value $2.957M Shares 902,560 Est. Cost $3.74 Unrealized -9.4%

CDE Coeur D Alene Mines Corp. 2.0%

Value $2.451M Shares 988,211 Est. Cost $9.02 Unrealized -69.7%

ASM Avino Silver & Gold Mines 1.6%

Value $2.068M Shares 2,297,792 Est. Cost $1.81 Unrealized -46.3%

VSH Vishay Intertechnology Inc. 1.5%

Value $1.924M Shares 159,709 Est. Cost $8.68 Unrealized +7.1%

SYPR Sypris Solutions Inc. 1.4%

Value $1.71M Shares 1,568,628 Est. Cost $2.94 Unrealized -59.0%

— Lubys. Inc. 1.1%

Value $1.408M Shares 315,136 Est. Cost $8.45 Unrealized —

— Cloud Peak Energy 1.1%

Value $1.393M Shares 669,600 Est. Cost $2.63 Unrealized —

— American International Group Inc. Warrant 0.8%

Value $1.041M Shares 43,798 Est. Cost $18.24 Unrealized —

— Rubicon Technology Inc. 0.8%

Value $1.002M Shares 879,200 Est. Cost $4.26 Unrealized —

— Aspen Insurance Holdings Ltd. 0.7%

Value $916K Shares 18,956 Est. Cost $37.09 Unrealized —

— GulfMark Offshore, Inc. 0.7%

Value $889K Shares 190,409 Est. Cost $23.82 Unrealized —

— Comstock Resources Inc. 0.7%

Value $836K Shares 447,066 Est. Cost $14.89 Unrealized —

— Natuzzi S.p.A. 0.6%

Value $803K Shares 499,065 Est. Cost $2.61 Unrealized —

— Ballantyne Strong Inc. 0.3%

Value $394K Shares 85,393 Est. Cost $4.22 Unrealized —

GROW U.S. Global Investors 0.2%

Value $280K Shares 239,184 Est. Cost $2.82 Unrealized -51.7%

— Bowl America Inc. - Class A 0.2%

Value $231K Shares 16,224 Est. Cost $13.01 Unrealized —

— Central Fund of Canada Limited Class A 0.2%

Value $224K Shares 22,421 Est. Cost $11.68 Unrealized —

— First Federal Northern Michigan Bancorp. 0.2%

Value $215K Shares 35,640 Est. Cost $4.38 Unrealized —

PGN1EUR Paragon Offshore PLC 0.1%

Value $158K Shares 1,680,351 Est. Cost $5.75 Unrealized —

BRT BRT Realty Trust 0.1%

Value $125K Shares 19,745 Est. Cost $7.14 Unrealized —

— Timmins Gold Corp. 0.1%

Value $87,000 Shares 629,010 Est. Cost $0.59 Unrealized —

— Globus Maritime 0.0%

Value $26,000 Shares 177,547 Est. Cost $2.00 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	Alliance One International Inc.	1,175,914	$13.49M	10.7%	$23.91	—	COM NEW	018772301
DLAPQ	Delta Apparel Inc.	754,966	$10.6M	8.4%	$13.30	+20.1%	COM	247368103
—	Resolute Forest Products Inc.	1,122,147	$8.494M	6.8%	$11.36	—	COM	76117W109
—	WPX Energy Inc.	1,429,401	$8.205M	6.5%	$11.12	—	COM	98212B103
PLAB	Photronics Inc.	578,890	$7.207M	5.7%	$7.60	+41.3%	COM	719405102
—	Nevsun Resources Ltd.	2,525,873	$6.845M	5.4%	$3.05	—	COM	64156L101
—	Alaska Communications System	3,398,033	$5.947M	4.7%	$2.11	—	COM	01167P101
—	McDermott International Inc.	1,696,509	$5.683M	4.5%	$7.07	—	COM	580037109
MERC	Mercer International Inc.	545,416	$4.936M	3.9%	$4.74	+48.1%	COM	588056101
ZEUS	Olympic Steel Inc.	378,587	$4.384M	3.5%	$17.40	-38.4%	COM	68162K106
—	Ruby Tuesday	726,677	$4.004M	3.2%	$7.92	—	COM	781182100
—	Lake Shore Gold Corp.	4,938,836	$4.002M	3.2%	$1.03	—	COM NEW	510728108
—	Mitcham Industies, Inc.	1,262,849	$3.801M	3.0%	$6.32	—	COM	606501104
—	Hardinge Inc.	390,237	$3.637M	2.9%	$14.36	—	COM	412324303
—	Superior Industries International Inc.	197,334	$3.635M	2.9%	$17.25	—	COM	868168105
—	Universal Stainless & Alloy Products Inc.	378,957	$3.52M	2.8%	$25.90	—	COM	913837100
—	Parker Drilling Co.	1,711,054	$3.114M	2.5%	$3.13	—	COM	701081101
CFNB	California First National Bank Corp.	224,244	$2.965M	2.4%	$12.21	-13.0%	COM	130222102
AGI	Alamos Gold Inc.	902,560	$2.957M	2.4%	$3.74	-9.4%	COM CL A	011532108
CDE	Coeur D Alene Mines Corp.	988,211	$2.451M	2.0%	$9.02	-69.7%	COM NEW	192108504
ASM	Avino Silver & Gold Mines	2,297,792	$2.068M	1.6%	$1.81	-46.3%	COM	053906103
VSH	Vishay Intertechnology Inc.	159,709	$1.924M	1.5%	$8.68	+7.1%	COM	928298108
SYPR	Sypris Solutions Inc.	1,568,628	$1.71M	1.4%	$2.94	-59.0%	COM	871655106
—	Lubys. Inc.	315,136	$1.408M	1.1%	$8.45	—	COM	549282101
—	Cloud Peak Energy	669,600	$1.393M	1.1%	$2.63	—	COM	18911q102
—	American International Group Inc. Warrant	43,798	$1.041M	0.8%	$18.24	—	*W EXP 01/19/202	026874156
—	Rubicon Technology Inc.	879,200	$1.002M	0.8%	$4.26	—	COM	78112T107
—	Aspen Insurance Holdings Ltd.	18,956	$916K	0.7%	$37.09	—	SHS	G05384105
—	GulfMark Offshore, Inc.	190,409	$889K	0.7%	$23.82	—	CL A NEW	402629208
—	Comstock Resources Inc.	447,066	$836K	0.7%	$14.89	—	COM NEW	205768203
—	Natuzzi S.p.A.	499,065	$803K	0.6%	$2.61	—	ADR	63905A101
—	Ballantyne Strong Inc.	85,393	$394K	0.3%	$4.22	—	COM	058516105
GROW	U.S. Global Investors	239,184	$280K	0.2%	$2.82	-51.7%	CL A	902952100
—	Bowl America Inc. - Class A	16,224	$231K	0.2%	$13.01	—	COM CL A	102565108
—	Central Fund of Canada Limited Class A	22,421	$224K	0.2%	$11.68	—	CL A	153501101
—	First Federal Northern Michigan Bancorp.	35,640	$215K	0.2%	$4.38	—	COM	32021X105
PGN1EUR	Paragon Offshore PLC	1,680,351	$158K	0.1%	$5.75	—	SHS	G6S01W108
BRT	BRT Realty Trust	19,745	$125K	0.1%	$7.14	—	COM	055645303
—	Timmins Gold Corp.	629,010	$87,000	0.1%	$0.59	—	COM	88741P103
—	Globus Maritime	177,547	$26,000	0.0%	$2.00	—	COM	Y27265209