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) 350

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

Sector Weighting

Basic Materials 0.82%
Capital Goods 5.23%
Conglomerates
Consumer Cyclical 7.35%
Consumer/Non-Cyclical 1.2%
Energy 0.72%
Financial 6.09%
Healthcare
Services 77.43%
Technology 0.69%
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 2,518 -46,620 (94.88) 156,686
MTS SYS CORP COM 2,406 -223 (8.48) 33,863
BLACKROCK INC COM 16,678 New 50,000
CHATHAM LODGING TR COM 10,586 New 456,902
EAGLE MATERIALS INC COM 6,058 New 60,000
EMCOR GROUP INC COM 8,577 New 198,550
ENTEGRIS INC COM 3,675 New 302,935
QUIKSILVER INC COM 4,489 New 1,506,395
RETAIL OPPORTUNITY INVTS CORP COM 1,092 New 68,935
SIGNET JEWELERS LIMITED SHS 4,105 New 38,000
STAPLES INC COM 1,700 New 148,000
STARWOOD PPTY TR INC COM 7,146 New 300,000
STARWOOD WAYPOINT RESIDENTL TR COM SHS 1,652 New 60,000
WAUSAU PAPER CORP COM 2,873 New 309,900
WALTER INVT MGMT CORP COM 96,363 588 .61 3,702,004
REGIS CORP MINN COM 149,634 4,683 3.23 10,319,560
CIT GROUP INC COM NEW 3,576 1,049 41.51 75,000
ALICO INC COM 2,502 1,159 86.31 65,029
NORTHEAST BANCORP COM NEW 1,039 567 120.05 109,980
SEARS HOMETOWN & OUTLET STORES COM 1,963 1,255 177.21 100,898