KESTREL INVESTMENT MANAGEMENT CORP Information

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

Report Date: 03/31/2016

Position Statistics

Total Positions 48
New Positions 8
Increased Positions 8
Decreased Positions 40
Positions with Activity 48
Sold Out Positions 6
Total Mkt Value (in $ millions) 277

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

Sector Weighting

Basic Materials 8.62%
Capital Goods 3.08%
Conglomerates
Consumer Cyclical 2.35%
Consumer/Non-Cyclical
Energy 1.81%
Financial 5.9%
Healthcare 6.01%
Services 24.81%
Technology 18.22%
Transportation 4.76%
Utilities

48 Positions as of 03/31/2016

Company Class ▲ Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) Shares Held
ACACIA RESH CORP ACACIA TCH COM -1,201 Sold Out 0
NEUSTAR INC CL A 7,717 -116 (1.48) 317,325
BABCOCK & WILCOX ENTERPRIS INC COM 9,276 -113 (1.21) 450,525
BLACK BOX CORP DEL COM -838 Sold Out 0
BRINKER INTL INC COM 14,889 -235 (1.55) 323,250
BWX TECHNOLOGIES INC COM 9,636 -130 (1.33) 266,775
CARETRUST REIT INC COM 4,920 -74 (1.49) 368,574
CLEARWATER PAPER CORP COM 9,297 -106 (1.13) 139,700
CYPRESS SEMICONDUCTOR CORP COM 9,604 9,604 New 915,550
DATALINK CORP COM 3,046 3,046 New 375,600
EXLSERVICE HOLDINGS INC COM -14,489 Sold Out 0
FLUSHING FINL CORP COM 4,384 -58 (1.31) 211,600
FULTON FINL CORP PA COM 10,241 -157 (1.51) 725,800
GENERAC HLDGS INC COM 10,075 -111 (1.09) 277,475
HAEMONETICS CORP COM 5,108 -81 (1.57) 169,300
HMS HLDGS CORP COM 11,524 -174 (1.49) 627,000
HORIZON GLOBAL CORP COM 3,362 -36 (1.05) 282,275
INNOPHOS HOLDINGS INC COM 6,306 -91 (1.43) 151,700
KFORCE INC COM 4,311 -48 (1.1) 238,050
KIMBALL ELECTRONICS INC COM 3,061 -21 (0.67) 243,900