KESTREL INVESTMENT MANAGEMENT CORP Information

411 BOREL AVE, SAN MATEO, California, 94402, (650) 572-9469

Report Date: 09/30/2014

Position Statistics

Total Positions 62
New Positions 8
Increased Positions 9
Decreased Positions 45
Positions with Activity 54
Sold Out Positions 7
Total Mkt Value (in $ millions) 705

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

Sector Weighting

Basic Materials 5.25%
Capital Goods 0.74%
Conglomerates 2.74%
Consumer Cyclical
Consumer/Non-Cyclical
Energy 1.84%
Financial 13.31%
Healthcare 7.81%
Services 26.35%
Technology 13.07%
Transportation 9.37%
Utilities

45 DECREASED Positions as of 09/30/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
BRINKER INTL INC COM 49,145 -1,719 (3.38) 792,150
HCC INS HLDGS INC COM 29,641 -705 (2.32) 546,375
RIVERBED TECHNOLOGY INC COM 28,585 -1,005 (3.4) 1,385,600
ONE GAS INC COM 27,795 -549 (1.94) 602,800
CST BRANDS INC COM 27,033 -934 (3.34) 613,275
CLEARWATER PAPER CORP COM 25,009 -830 (3.21) 342,075
MYRIAD GENETICS INC COM 23,668 -829 (3.38) 653,825
ROVI CORP COM 23,668 -800 (3.27) 1,055,675
OUTERWALL INC COM 22,114 -789 (3.45) 346,175
EXLSERVICE HOLDINGS INC COM 20,622 -327 (1.56) 677,700
ENGILITY HLDGS INC COM 19,340 -677 (3.38) 453,041
ATLAS AIR WORLDWIDE HLDGS INC COM NEW 19,219 -682 (3.43) 411,725
MATSON INC COM 18,731 -663 (3.42) 515,725
MATERION CORP COM 16,449 -239 (1.43) 492,475
HAEMONETICS CORP COM 15,804 -548 (3.35) 418,550
PIER 1 IMPORTS INC COM 15,722 -536 (3.3) 927,000
ENSIGN GROUP INC COM 15,537 -541 (3.37) 360,325
KNOWLES CORP COM 14,010 -488 (3.37) 663,350
SCHWEITZER-MAUDUIT INTL INC COM 11,948 -412 (3.34) 298,550
AMERICAS CAR MART INC COM 11,040 -360 (3.15) 205,700