KESTREL INVESTMENT MANAGEMENT CORP Information

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

Report Date: 06/30/2014

Position Statistics

Total Positions 63
New Positions 8
Increased Positions 12
Decreased Positions 46
Positions with Activity 58
Sold Out Positions 8
Total Mkt Value (in $ millions) 791

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

Sector Weighting

Basic Materials 5.68%
Capital Goods 1.52%
Conglomerates 2.11%
Consumer Cyclical 4.07%
Consumer/Non-Cyclical 0%
Energy 3.85%
Financial 10.28%
Healthcare 6.85%
Services 28.13%
Technology 14.31%
Transportation 8.27%
Utilities

12 INCREASED Positions as of 06/30/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
CLEARWATER PAPER CORP COM 23,976 23,976 New 353,425
CIVEO CORP COM 22,965 22,965 New 914,950
KNOWLES CORP COM 22,358 22,358 New 686,450
MATERION CORP COM 16,463 8,360 103.18 499,625
ENSIGN GROUP INC COM 13,103 7,839 148.92 372,875
URS CORP NEW COM 12,014 12,014 New 200,000
MONSTER WORLDWIDE INC COM 11,753 15 .12 2,012,450
FRANCESCAS HLDGS CORP COM 11,378 11,378 New 812,150
NAVIENT CORP COM 10,121 10,121 New 580,000
WASHINGTON PRIME GROUP INC COM 9,501 9,501 New 490,000
DENBURY RES INC COM NEW 9,313 9,313 New 555,000
CARETRUST REIT INC COM 8,329 5,696 216.29 473,800