KESTREL INVESTMENT MANAGEMENT CORP Information

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

Report Date: 12/31/2014

Position Statistics

Total Positions 62
New Positions 7
Increased Positions 12
Decreased Positions 43
Positions with Activity 55
Sold Out Positions 8
Total Mkt Value (in $ millions) 731

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

Sector Weighting

Basic Materials 4.74%
Capital Goods 2.89%
Conglomerates 1.94%
Consumer Cyclical
Consumer/Non-Cyclical
Energy 0.69%
Financial 12.88%
Healthcare 7.9%
Services 25.03%
Technology 13.16%
Transportation 9.48%
Utilities

43 DECREASED Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
BRINKER INTL INC COM 47,021 -975 (2.03) 776,050
HCC INS HLDGS INC COM 30,318 -629 (2.03) 535,275
RIVERBED TECHNOLOGY INC COM 28,395 -564 (1.95) 1,358,600
CST BRANDS INC COM 26,275 -587 (2.19) 599,875
ONE GAS INC COM 24,875 -503 (1.98) 590,850
EXLSERVICE HOLDINGS INC COM 24,231 -498 (2.01) 664,050
MYRIAD GENETICS INC COM 22,900 -481 (2.06) 640,375
OUTERWALL INC COM 22,111 -456 (2.02) 339,175
CLEARWATER PAPER CORP COM 21,328 -446 (2.05) 335,075
MATSON INC COM 20,960 -525 (2.44) 503,125
FULTON FINL CORP PA COM 20,939 -406 (1.9) 1,716,350
ROVI CORP COM 19,088 -421 (2.16) 1,032,875
MATERION CORP COM 18,302 -343 (1.84) 483,425
HAEMONETICS CORP COM 18,111 -393 (2.13) 409,650
ATLAS AIR WORLDWIDE HLDGS INC COM NEW 17,847 -372 (2.04) 403,325
ENSIGN GROUP INC COM 16,742 -341 (2) 353,125
VERITIV CORP COM 16,601 -399 (2.35) 363,900
ENGILITY HLDGS INC NEW COM 14,196 -288 (1.99) 444,041
SCHWEITZER-MAUDUIT INTL INC COM 13,291 -296 (2.18) 292,050
PIER 1 IMPORTS INC COM 12,831 -277 (2.11) 907,400