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) 783

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

Sector Weighting

Basic Materials 5.94%
Capital Goods 1.54%
Conglomerates 2.02%
Consumer Cyclical 4.25%
Consumer/Non-Cyclical 0%
Energy 3.66%
Financial 9.99%
Healthcare 6.88%
Services 28.01%
Technology 14.59%
Transportation 8.34%
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 25,033 25,033 New 353,425
CIVEO CORP COM 22,874 22,874 New 914,950
KNOWLES CORP COM 21,047 21,047 New 686,450
MATERION CORP COM 16,608 8,434 103.18 499,625
ENSIGN GROUP INC COM 12,942 7,743 148.92 372,875
URS CORP NEW COM 12,054 12,054 New 200,000
FRANCESCAS HLDGS CORP COM 11,419 11,419 New 812,150
MONSTER WORLDWIDE INC COM 11,189 14 .12 2,012,450
NAVIENT CORP COM 10,220 10,220 New 580,000
WASHINGTON PRIME GROUP INC COM 9,104 9,104 New 490,000
DENBURY RES INC COM NEW 8,847 8,847 New 555,000
CARETRUST REIT INC COM 7,860 5,375 216.29 473,800