KESTREL INVESTMENT MANAGEMENT CORP Information

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

Report Date: 12/31/2013

Position Statistics

Total Positions 55
New Positions 4
Increased Positions 5
Decreased Positions 50
Positions with Activity 55
Sold Out Positions 6
Total Mkt Value (in $ millions) 784

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

Sector Weighting

Basic Materials 11.24%
Capital Goods 3.19%
Conglomerates 2.7%
Consumer Cyclical 3.54%
Consumer/Non-Cyclical 1.17%
Energy 8.78%
Financial 11.51%
Healthcare 10.58%
Services 19.91%
Technology 9.79%
Transportation 15%
Utilities

55 Positions as of 12/31/2013

Company Class ▲ Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) Shares Held
ACACIA RESH CORP ACACIA TCH COM 11,156 -2,346 (17.37) 653,900
CACI INTL INC CL A 19,782 -4,143 (17.32) 285,050
MATTHEWS INTL CORP CL A 11,418 -2,388 (17.29) 271,150
GULFMARK OFFSHORE INC CL A NEW 23,015 -4,706 (16.98) 515,000
ALBEMARLE CORP COM 8,402 -4,934 (37) 126,000
AMERICAS CAR MART INC COM 8,107 -1,691 (17.26) 220,550
AVNET INC COM 11,302 -6,689 (37.18) 245,000
BABCOCK & WILCOX CO NEW COM 9,647 -5,700 (37.14) 286,000
BALLY TECHNOLOGIES INC COM 27,744 -5,811 (17.32) 427,750
BLACK BOX CORP DEL COM 6,704 -1,333 (16.59) 299,150
BRAVO BRIO RESTAURANT GROUP IN COM 4,627 -200 (4.14) 307,650
BRINKER INTL INC COM 43,355 -9,349 (17.74) 857,500
BRISTOW GROUP INC COM 26,604 -5,508 (17.15) 358,400
CAREFUSION CORP COM 8,855 -5,198 (36.99) 230,000
COMVERSE INC COM 7,813 -1,587 (16.88) 295,850
COVANCE INC COM 12,800 -7,564 (37.14) 132,000
CST BRANDS INC COM 20,301 -4,399 (17.81) 660,400
CUMBERLAND PHARMACEUTICALS INC COM 2,575 -107 (3.99) 577,339
DEVRY ED GROUP INC COM -43,519 Sold Out 0
EDWARDS LIFESCIENCES CORP COM 9,999 -5,853 (36.92) 123,000