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) 762

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

Sector Weighting

Basic Materials 5.7%
Capital Goods 1.55%
Conglomerates 2.04%
Consumer Cyclical 4.38%
Consumer/Non-Cyclical 0%
Energy 3.59%
Financial 10.16%
Healthcare 7.09%
Services 27.74%
Technology 14.6%
Transportation 8.16%
Utilities

63 Positions as of 06/30/2014

Company Class Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) ▲ Shares Held
CAREFUSION CORP COM -10,661 Sold Out 0
EDWARDS LIFESCIENCES CORP COM -12,791 Sold Out 0
F M C CORP COM NEW -41,419 Sold Out 0
HORACE MANN EDUCATORS CORP NEW COM -367 Sold Out 0
L-3 COMMUNICATIONS HLDGS INC COM -9,234 Sold Out 0
MATTHEWS INTL CORP CL A -11,696 Sold Out 0
OWENS CORNING NEW COM -7,267 Sold Out 0
VASCULAR SOLUTIONS INC COM -6,735 Sold Out 0
ENERGY XXI BERMUDA LTD USD UNRS SHS 4,798 -9,916 (67.39) 369,353
CUMBERLAND PHARMACEUTICALS INC COM 701 -1,096 (60.98) 137,500
SCHWEITZER-MAUDUIT INTL INC COM 12,996 -568 (4.19) 308,850
UNIVEST CORP PA COM 4,806 -163 (3.28) 253,900
QUALITY DISTR INC FLA COM 7,252 -235 (3.14) 530,500
CACI INTL INC CL A 19,506 -631 (3.14) 271,825
SKYWEST INC COM 8,845 -238 (2.62) 999,400
UNITED ONLINE INC COM NEW 4,423 -117 (2.59) 372,900
COMVERSE INC COM 6,446 -155 (2.34) 279,275
FLUSHING FINL CORP COM 9,865 -228 (2.26) 518,950
BRINKER INTL INC COM 41,402 -934 (2.21) 819,850
HCC INS HLDGS INC COM 27,303 -615 (2.2) 559,375