KESTREL INVESTMENT MANAGEMENT CORP Information

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

Report Date: 12/31/2014

Position Statistics

Total Positions 62
New Positions 7
Increased Positions 12
Decreased Positions 43
Positions with Activity 55
Sold Out Positions 8
Total Mkt Value (in $ millions) 731

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

Sector Weighting

Basic Materials 4.74%
Capital Goods 2.89%
Conglomerates 1.94%
Consumer Cyclical
Consumer/Non-Cyclical
Energy 0.69%
Financial 12.88%
Healthcare 7.9%
Services 25.03%
Technology 13.16%
Transportation 9.48%
Utilities

62 Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▲ Change in Value ($1,000s) Change (%) Shares Held
AECOM COM -6,124 Sold Out 0
BRAVO BRIO RESTAURANT GROUP IN COM -3,983 Sold Out 0
CIVEO CORP COM -721 Sold Out 0
DENBURY RES INC COM NEW -4,174 Sold Out 0
LUMOS NETWORKS CORP COM -3,515 Sold Out 0
MONSTER WORLDWIDE INC COM -12,319 Sold Out 0
NTELOS HLDGS CORP COM NEW -1,034 Sold Out 0
WORLD ACCEP CORP DEL COM -3,149 Sold Out 0
TRISTATE CAP HLDGS INC COM 1,093 1,093 New 101,650
KIMBALL ELECTRONICS INC COM 3,375 3,375 New 250,950
MARLIN BUSINESS SVCS CORP COM 3,511 3,511 New 173,725
ZIX CORP COM 3,984 -133 (3.24) 1,019,000
UNIVEST CORP PA COM 4,604 -134 (2.83) 235,000
VAALCO ENERGY INC COM NEW 5,080 -109 (2.1) 1,577,550
QUALITY DISTR INC FLA COM 5,090 -164 (3.12) 488,000
COMVERSE INC COM 5,153 -123 (2.34) 263,175
UNITED ONLINE INC COM NEW 5,377 -179 (3.22) 343,150
BLACK BOX CORP DEL COM 5,673 -133 (2.29) 269,100
AMERICAS CAR MART INC COM 5,748 -5,465 (48.74) 105,450
GULFMARK OFFSHORE INC CL A NEW 6,333 -142 (2.19) 467,375