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

CIK: 0001625279 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Oct 15, 2025

Total Value ($000): $252,493 (100.0% shares, 0.0% debt)

Holdings (24)

SPY SPDR S&P 500 ETF TR 28.1%

Value ($000) $70,922 Shares 106,461 Est. Cost $559.39 Unrealized —

URG UR-ENERGY INC 9.6%

Value ($000) $24,173 Shares 13,504,298 Est. Cost $1.40 Unrealized -2.9%

EU ENCORE ENERGY CORP 5.1%

Value ($000) $12,946 Shares 4,032,939 Est. Cost $3.73 Unrealized -27.9%

NXE NEXGEN ENERGY LTD 4.0%

Value ($000) $9,997 Shares 1,117,009 Est. Cost $5.28 Unrealized +39.7%

MTUS METALLUS INC 3.7%

Value ($000) $9,381 Shares 567,486 Est. Cost $14.88 Unrealized +9.6%

EXK ENDEAVOUR SILVER CORP 3.6%

Value ($000) $9,149 Shares 1,166,937 Est. Cost $3.99 Unrealized +48.0%

UUUU ENERGY FUELS INC 3.6%

Value ($000) $9,148 Shares 595,983 Est. Cost $7.31 Unrealized +45.4%

MTRX MATRIX SVC CO 3.3%

Value ($000) $8,304 Shares 634,843 Est. Cost $9.89 Unrealized +43.7%

GPOR GULFPORT ENERGY CORP 3.2%

Value ($000) $8,061 Shares 44,541 Est. Cost $181.00 Unrealized -3.8%

DNN DENISON MINES CORP 3.2%

Value ($000) $8,038 Shares 2,922,967 Est. Cost $1.61 Unrealized +37.5%

IPI INTREPID POTASH INC 3.1%

Value ($000) $7,944 Shares 259,788 Est. Cost $26.38 Unrealized +19.3%

MAN MANPOWERGROUP INC WIS 3.1%

Value ($000) $7,797 Shares 205,731 Est. Cost $41.23 Unrealized 0.0%

KMT KENNAMETAL INC 3.0%

Value ($000) $7,626 Shares 364,357 Est. Cost $22.38 Unrealized -1.4%

CCJ CAMECO CORP 2.9%

Value ($000) $7,357 Shares 87,728 Est. Cost $25.79 Unrealized +200.1%

SMP STANDARD MTR PRODS INC 2.9%

Value ($000) $7,307 Shares 178,995 Est. Cost $31.10 Unrealized +17.8%

TBI TRUEBLUE INC 2.4%

Value ($000) $6,030 Shares 983,711 Est. Cost $11.13 Unrealized -43.2%

COHU COHU INC 2.3%

Value ($000) $5,807 Shares 285,648 Est. Cost $18.40 Unrealized +9.6%

SD SANDRIDGE ENERGY INC 2.2%

Value ($000) $5,434 Shares 481,704 Est. Cost $10.68 Unrealized +3.4%

MPAA MOTORCAR PTS AMER INC 2.0%

Value ($000) $5,011 Shares 302,954 Est. Cost $12.68 Unrealized +7.2%

HOFT HOOKER FURNISHINGS CORPORATI 1.9%

Value ($000) $4,803 Shares 473,179 Est. Cost $17.55 Unrealized -40.5%

SCHL SCHOLASTIC CORP 1.8%

Value ($000) $4,571 Shares 166,944 Est. Cost $30.61 Unrealized -20.6%

VPG VISHAY PRECISION GROUP INC 1.8%

Value ($000) $4,556 Shares 142,164 Est. Cost $23.47 Unrealized +23.3%

HCSG HEALTHCARE SVCS GROUP INC 1.7%

Value ($000) $4,264 Shares 253,363 Est. Cost $12.77 Unrealized +16.5%

UFI UNIFI INC 1.5%

Value ($000) $3,868 Shares 812,558 Est. Cost $10.22 Unrealized -54.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	106,461	$70,922	28.1%	$559.39	—	TR UNIT	78462F103
URG	UR-ENERGY INC	13,504,298	$24,173	9.6%	$1.40	-2.9%	COM	91688R108
EU	ENCORE ENERGY CORP	4,032,939	$12,946	5.1%	$3.73	-27.9%	COM NEW	29259W700
NXE	NEXGEN ENERGY LTD	1,117,009	$9,997	4.0%	$5.28	+39.7%	COM	65340P106
MTUS	METALLUS INC	567,486	$9,381	3.7%	$14.88	+9.6%	COM	887399103
EXK	ENDEAVOUR SILVER CORP	1,166,937	$9,149	3.6%	$3.99	+48.0%	COM	29258Y103
UUUU	ENERGY FUELS INC	595,983	$9,148	3.6%	$7.31	+45.4%	COM NEW	292671708
MTRX	MATRIX SVC CO	634,843	$8,304	3.3%	$9.89	+43.7%	COM	576853105
GPOR	GULFPORT ENERGY CORP	44,541	$8,061	3.2%	$181.00	-3.8%	COMMON SHARES	402635502
DNN	DENISON MINES CORP	2,922,967	$8,038	3.2%	$1.61	+37.5%	COM	248356107
IPI	INTREPID POTASH INC	259,788	$7,944	3.1%	$26.38	+19.3%	COM	46121Y201
MAN	MANPOWERGROUP INC WIS	205,731	$7,797	3.1%	$41.23	0.0%	COM	56418H100
KMT	KENNAMETAL INC	364,357	$7,626	3.0%	$22.38	-1.4%	COM	489170100
CCJ	CAMECO CORP	87,728	$7,357	2.9%	$25.79	+200.1%	COM	13321L108
SMP	STANDARD MTR PRODS INC	178,995	$7,307	2.9%	$31.10	+17.8%	COM	853666105
TBI	TRUEBLUE INC	983,711	$6,030	2.4%	$11.13	-43.2%	COM	89785X101
COHU	COHU INC	285,648	$5,807	2.3%	$18.40	+9.6%	COM	192576106
SD	SANDRIDGE ENERGY INC	481,704	$5,434	2.2%	$10.68	+3.4%	COM NEW	80007P869
MPAA	MOTORCAR PTS AMER INC	302,954	$5,011	2.0%	$12.68	+7.2%	COM	620071100
HOFT	HOOKER FURNISHINGS CORPORATI	473,179	$4,803	1.9%	$17.55	-40.5%	COM	439038100
SCHL	SCHOLASTIC CORP	166,944	$4,571	1.8%	$30.61	-20.6%	COM	807066105
VPG	VISHAY PRECISION GROUP INC	142,164	$4,556	1.8%	$23.47	+23.3%	COM	92835K103
HCSG	HEALTHCARE SVCS GROUP INC	253,363	$4,264	1.7%	$12.77	+16.5%	COM	421906108
UFI	UNIFI INC	812,558	$3,868	1.5%	$10.22	-54.9%	COM NEW	904677200