| CVE Cenovus Energy Inc. | 13.52% | 3,451,821 | $85.6M | No change |
| PDS Precision Drilling Corp. | 6.11% | 504,059 | $38.7M | No change |
| EQX Equinox Gold Corp. | 5.95% | 3,870,237 | $37.7M | Reduce -0.3% |
| HOG Harley-Davidson Inc. | 5.29% | 1,369,000 | $33.5M | No change |
| HNRG Hallador Energy Co. | 4.98% | 1,812,026 | $31.5M | Reduce -0.1% |
| RDN Radian Group Inc. | 4.86% | 817,512 | $30.8M | Add +176.9% |
| VET Vermilion Energy Inc. | 4.82% | 3,260,428 | $30.5M | Add +27.3% |
| PBF PBF Energy Inc. Class A | 4.46% | 620,289 | $28.2M | No change |
| RYZ Ryerson Holding Corp. | 4.34% | 1,116,978 | $27.5M | No change |
| GAU Galiano Gold Inc. | 4.17% | 14,125,317 | $26.4M | Add +120.4% |
| NGS Natural Gas Services Group | 3.98% | 584,872 | $25.2M | Reduce -0.4% |
| RLJ RLJ Lodging Trust | 3.84% | 2,049,425 | $24.3M | Add +2.5% |
| ASIX Advansix Inc. | 3.80% | 1,209,629 | $24.0M | No change |
| PK Park Hotels & Resorts Inc. | 3.43% | 1,525,283 | $21.7M | New |
| SM SM Energy Co. | 3.21% | 778,851 | $20.3M | Add +41.2% |
| TDW Tidewater Inc. | 2.91% | 276,529 | $18.4M | No change |
| MOS The Mosaic Co. | 2.86% | 853,638 | $18.1M | No change |
| MHK Mohawk Industries Inc. | 2.80% | 146,295 | $17.7M | New |
| NOA North American Construction | 2.18% | 1,038,177 | $13.8M | No change |
| EFXT Enerflex Ltd. | 2.14% | 551,151 | $13.5M | No change |
| EGO Eldorado Gold Corp. | 1.91% | 387,779 | $12.1M | No change |
| INBK First Internet Bancorp | 1.56% | 354,261 | $9.8M | No change |
| BSET Bassett Furniture Inds | 1.54% | 550,413 | $9.8M | Add +4.4% |
| CLDT Chatham Lodging Trust | 1.42% | 678,530 | $9.0M | No change |
| ASTL Algoma Steel Group Inc. | 1.14% | 1,786,122 | $7.2M | No change |
| GFR Greenfire Resources Ltd. | 0.69% | 777,716 | $4.4M | Add +86.3% |
| VLGEA Village Super Market Class A | 0.37% | 55,733 | $2.4M | No change |
| ACTG Acacia Research Corp. | 0.36% | 491,086 | $2.3M | No change |
| WHG Westwood Holdings Group Inc. | 0.30% | 99,926 | $1.9M | No change |
| HNNA Hennessy Advisors Inc. | 0.27% | 170,768 | $1.7M | Add +20.8% |
| IAUX I-80 Gold Corp. | 0.26% | 1,126,349 | $1.6M | No change |
| ASC Ardmore Shipping Corp. | 0.20% | 89,612 | $1.3M | No change |
| XPL Solitario Resources Corp. | 0.08% | 632,458 | $476K | No change |
| SLV iShares Silver Trust | 0.07% | 8,842 | $473K | No change |
| GLD SPDR Gold Shares | 0.05% | 828 | $305K | No change |
| CEF Sprott Physical Gold and Sil | 0.05% | 7,474 | $301K | No change |
| WFG West Fraser Timber Co. Ltd. | 0.03% | 3,142 | $213K | No change |
| MERC Mercer International Inc. | 0.03% | 308,927 | $204K | No change |
| DC Dakota Gold Corp. | 0.02% | 30,000 | $128K | No change |