BIRCH RUN CAPITAL ADVISORS, LP Information

1350 BROADWAY SUITE 2412, NEW YORK, New York, 10018, (212) 433-1980

Report Date: 06/30/2014

Position Statistics

Total Positions 21
New Positions 0
Increased Positions 7
Decreased Positions 2
Positions with Activity 9
Sold Out Positions 0
Total Mkt Value (in $ millions) 357

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials 0.79%
Capital Goods 5.14%
Conglomerates
Consumer Cyclical 7.13%
Consumer/Non-Cyclical 1.19%
Energy 0.72%
Financial 5.92%
Healthcare
Services 77.97%
Technology 0.67%
Transportation
Utilities

21 Positions as of 06/30/2014

Company Class Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) ▲ Shares Held
ENERGY XXI BERMUDA LTD USD UNRS SHS 2,585 -47,868 (94.88) 156,686
MTS SYS CORP COM 2,407 -223 (8.48) 33,863
BLACKROCK INC COM 16,527 New 50,000
CHATHAM LODGING TR COM 10,564 New 456,902
EAGLE MATERIALS INC COM 6,115 New 60,000
EMCOR GROUP INC COM 8,577 New 198,550
ENTEGRIS INC COM 3,678 New 302,935
QUIKSILVER INC COM 4,384 New 1,506,395
RETAIL OPPORTUNITY INVTS CORP COM 1,092 New 68,935
SIGNET JEWELERS LIMITED SHS 4,479 New 38,000
STAPLES INC COM 1,729 New 148,000
STARWOOD PPTY TR INC COM 7,155 New 300,000
STARWOOD WAYPOINT RESIDENTL TR COM SHS 1,661 New 60,000
WAUSAU PAPER CORP COM 2,826 New 309,900
WALTER INVT MGMT CORP COM 97,548 596 .61 3,702,004
REGIS CORP MINN COM 155,929 4,880 3.23 10,319,560
CIT GROUP INC COM NEW 3,597 1,055 41.51 75,000
ALICO INC COM 2,539 1,176 86.31 65,029
NORTHEAST BANCORP COM NEW 1,036 565 120.05 109,980
SEARS HOMETOWN & OUTLET STORES COM 1,935 1,237 177.21 100,898