BIRCH RUN CAPITAL ADVISORS, LP Information

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

Report Date: 09/30/2014

Position Statistics

Total Positions 21
New Positions 0
Increased Positions 5
Decreased Positions 2
Positions with Activity 7
Sold Out Positions 1
Total Mkt Value (in $ millions) 360

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

Sector Weighting

Basic Materials 0.88%
Capital Goods 4.61%
Conglomerates
Consumer Cyclical 10.38%
Consumer/Non-Cyclical 3.77%
Energy 0.12%
Financial 6%
Healthcare
Services 73.83%
Technology 0%
Transportation
Utilities

21 Positions as of 09/30/2014

Company Class ▲ Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) Shares Held
ALICO INC COM 11,044 7,772 237.52 219,483
BLACKROCK INC COM 17,347 New 50,000
CHATHAM LODGING TR COM 14,438 New 456,902
EAGLE MATERIALS INC COM 4,261 New 60,000
EMCOR GROUP INC COM 8,327 New 198,550
ENTEGRIS INC COM 4,041 New 302,935
MTS SYS CORP COM -2,455 Sold Out 0
QUIKSILVER INC COM 970 -1,952 (66.81) 500,000
REGIS CORP MINN COM 162,031 3,316 2.09 10,535,170
RETAIL OPPORTUNITY INVTS CORP COM 1,251 New 68,935
SEARS HOMETOWN & OUTLET STORES COM 1,251 70 5.95 106,898
SELECT COMFORT CORP COM 36,433 7,627 26.48 1,192,965
STAPLES INC COM 2,530 New 148,000
STARWOOD PPTY TR INC COM 7,215 New 300,000
WALTER INVT MGMT CORP COM 75,265 19,697 35.45 5,014,295
WAUSAU PAPER CORP COM 3,180 New 309,900
CIT GROUP INC COM NEW 3,281 New 75,000
NORTHEAST BANCORP COM NEW 982 New 109,980
STARWOOD WAYPOINT RESIDENTL TR COM SHS 1,470 New 60,000
SIGNET JEWELERS LIMITED SHS 4,690 New 38,000