KESTREL INVESTMENT MANAGEMENT CORP Diversified Active

CIK: 0000917579 · Show all filings

Period: Q1 2017 (← Previous) (Next →)

Filing Date: May 11, 2017

Total Value ($000): $269,623 (100.0% shares, 0.0% debt)

Holdings (42)

ASIX AdvanSix Inc 4.5%

Value ($000) $12,005 Shares 439,425 Est. Cost $16.41 Unrealized +44.2%

SMTC Semtech Corp 4.3%

Value ($000) $11,601 Shares 343,225 Est. Cost $18.28 Unrealized +83.6%

FULT Fulton Financial Corp 3.7%

Value ($000) $10,028 Shares 561,800 Est. Cost $7.63 Unrealized +71.6%

— SPX Corp 3.7%

Value ($000) $9,929 Shares 409,425 Est. Cost $15.02 Unrealized —

BWXT BWX Technologies Inc 3.7%

Value ($000) $9,885 Shares 207,675 Est. Cost $22.66 Unrealized +73.2%

— HMS Holdings Corp 3.6%

Value ($000) $9,758 Shares 480,000 Est. Cost $12.34 Unrealized —

— Cypress Semiconductor 3.5%

Value ($000) $9,454 Shares 687,050 Est. Cost $8.66 Unrealized —

NTCT NetScout Systems Inc 3.5%

Value ($000) $9,310 Shares 245,325 Est. Cost $27.44 Unrealized +28.7%

— Care Capital Properties 3.1%

Value ($000) $8,439 Shares 314,075 Est. Cost $26.87 Unrealized —

— Verint Systems Inc 3.0%

Value ($000) $8,194 Shares 188,900 Est. Cost $33.13 Unrealized —

— NeuStar Inc 3.0%

Value ($000) $8,063 Shares 243,225 Est. Cost $29.21 Unrealized —

WD Walker & Dunlop Inc 3.0%

Value ($000) $7,964 Shares 191,025 Est. Cost $19.15 Unrealized +57.6%

GNRC Generac Holdings Inc 2.9%

Value ($000) $7,932 Shares 212,775 Est. Cost $29.97 Unrealized +31.9%

— Pinnacle Entertainment Inc 2.9%

Value ($000) $7,777 Shares 398,400 Est. Cost $12.34 Unrealized —

WNC Wabash National Corp 2.9%

Value ($000) $7,697 Shares 372,000 Est. Cost $10.22 Unrealized +60.0%

RLJ RLJ Lodging Trust 2.7%

Value ($000) $7,187 Shares 305,700 Est. Cost $22.88 Unrealized —

— Air Methods Corp 2.5%

Value ($000) $6,841 Shares 159,100 Est. Cost $36.22 Unrealized —

— Select Comfort Corp 2.5%

Value ($000) $6,724 Shares 271,250 Est. Cost $21.60 Unrealized —

— Capstead Mortgage Corp 2.4%

Value ($000) $6,589 Shares 625,150 Est. Cost $9.84 Unrealized —

CAR Avis Budget Group Inc 2.3%

Value ($000) $6,142 Shares 207,625 Est. Cost $32.98 Unrealized 0.0%

CLW Clearwater Paper 2.2%

Value ($000) $6,014 Shares 107,400 Est. Cost $62.48 Unrealized -5.3%

— Providence Service Corp 2.2%

Value ($000) $6,004 Shares 135,100 Est. Cost $44.44 Unrealized —

XHR Xenia Hotels and Resorts 2.1%

Value ($000) $5,594 Shares 327,700 Est. Cost $22.75 Unrealized —

— Time Inc 2.0%

Value ($000) $5,477 Shares 283,050 Est. Cost $24.45 Unrealized —

PCH Potlatch Corp 2.0%

Value ($000) $5,428 Shares 118,775 Est. Cost $38.89 Unrealized —

— Mitel Networks Corp 1.9%

Value ($000) $5,226 Shares 754,050 Est. Cost $6.93 Unrealized —

— TriState Capital Holdings 1.9%

Value ($000) $5,201 Shares 222,750 Est. Cost $10.42 Unrealized —

— iStar Inc 1.9%

Value ($000) $5,029 Shares 426,150 Est. Cost $12.37 Unrealized —

MRTN Marten Transport Ltd 1.9%

Value ($000) $5,009 Shares 213,600 Est. Cost $5.68 Unrealized +38.4%

— CalAmp Corp 1.8%

Value ($000) $4,965 Shares 295,700 Est. Cost $13.95 Unrealized —

DFIN Donnelley Financial Soln 1.8%

Value ($000) $4,955 Shares 256,875 Est. Cost $21.62 Unrealized +4.2%

— GAIN Capital Hldgs Inc 1.8%

Value ($000) $4,933 Shares 592,250 Est. Cost $8.33 Unrealized —

— Vista Outdoor Inc 1.8%

Value ($000) $4,933 Shares 239,575 Est. Cost $20.59 Unrealized —

FFIC Flushing Financial 1.6%

Value ($000) $4,382 Shares 163,100 Est. Cost $12.13 Unrealized +50.8%

KFRC Kforce Inc 1.6%

Value ($000) $4,312 Shares 181,550 Est. Cost $22.46 Unrealized +6.2%

ENSG The Ensign Group 1.3%

Value ($000) $3,504 Shares 186,384 Est. Cost $17.46 Unrealized 0.0%

— Babcock & Wilcox Enterprises 1.3%

Value ($000) $3,436 Shares 367,875 Est. Cost $16.80 Unrealized —

KE Kimball Electronics Inc 1.2%

Value ($000) $3,251 Shares 191,800 Est. Cost $11.11 Unrealized +50.1%

— NewStar Financial Inc 1.1%

Value ($000) $3,092 Shares 292,225 Est. Cost $10.58 Unrealized —

— RetailMeNot Inc 1.1%

Value ($000) $2,896 Shares 357,525 Est. Cost $17.83 Unrealized —

— Zix Corp 0.9%

Value ($000) $2,336 Shares 485,750 Est. Cost $4.14 Unrealized —

CRAI CRA International Inc 0.8%

Value ($000) $2,127 Shares 60,200 Est. Cost $19.67 Unrealized +56.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ASIX	AdvanSix Inc	439,425	$12,005	4.5%	$16.41	+44.2%	COM	00773T101
SMTC	Semtech Corp	343,225	$11,601	4.3%	$18.28	+83.6%	COM	816850101
FULT	Fulton Financial Corp	561,800	$10,028	3.7%	$7.63	+71.6%	COM	360271100
—	SPX Corp	409,425	$9,929	3.7%	$15.02	—	COM	784635104
BWXT	BWX Technologies Inc	207,675	$9,885	3.7%	$22.66	+73.2%	COM	05605H100
—	HMS Holdings Corp	480,000	$9,758	3.6%	$12.34	—	COM	40425J101
—	Cypress Semiconductor	687,050	$9,454	3.5%	$8.66	—	COM	232806109
NTCT	NetScout Systems Inc	245,325	$9,310	3.5%	$27.44	+28.7%	COM	64115T104
—	Care Capital Properties	314,075	$8,439	3.1%	$26.87	—	COM	141624106
—	Verint Systems Inc	188,900	$8,194	3.0%	$33.13	—	COM	92343X100
—	NeuStar Inc	243,225	$8,063	3.0%	$29.21	—	COM	64126X201
WD	Walker & Dunlop Inc	191,025	$7,964	3.0%	$19.15	+57.6%	COM	93148P102
GNRC	Generac Holdings Inc	212,775	$7,932	2.9%	$29.97	+31.9%	COM	368736104
—	Pinnacle Entertainment Inc	398,400	$7,777	2.9%	$12.34	—	COM	72348Y105
WNC	Wabash National Corp	372,000	$7,697	2.9%	$10.22	+60.0%	COM	929566107
RLJ	RLJ Lodging Trust	305,700	$7,187	2.7%	$22.88	—	COM	74965L101
—	Air Methods Corp	159,100	$6,841	2.5%	$36.22	—	COM	009128307
—	Select Comfort Corp	271,250	$6,724	2.5%	$21.60	—	COM	81616X103
—	Capstead Mortgage Corp	625,150	$6,589	2.4%	$9.84	—	COM	14067E506
CAR	Avis Budget Group Inc	207,625	$6,142	2.3%	$32.98	0.0%	COM	053774105
CLW	Clearwater Paper	107,400	$6,014	2.2%	$62.48	-5.3%	COM	18538R103
—	Providence Service Corp	135,100	$6,004	2.2%	$44.44	—	COM	743815102
XHR	Xenia Hotels and Resorts	327,700	$5,594	2.1%	$22.75	—	COM	984017103
—	Time Inc	283,050	$5,477	2.0%	$24.45	—	COM	887228104
PCH	Potlatch Corp	118,775	$5,428	2.0%	$38.89	—	COM	737630103
—	Mitel Networks Corp	754,050	$5,226	1.9%	$6.93	—	COM	60671Q104
—	TriState Capital Holdings	222,750	$5,201	1.9%	$10.42	—	COM	89678F100
—	iStar Inc	426,150	$5,029	1.9%	$12.37	—	COM	45031U101
MRTN	Marten Transport Ltd	213,600	$5,009	1.9%	$5.68	+38.4%	COM	573075108
—	CalAmp Corp	295,700	$4,965	1.8%	$13.95	—	COM	128126109
DFIN	Donnelley Financial Soln	256,875	$4,955	1.8%	$21.62	+4.2%	COM	25787G100
—	GAIN Capital Hldgs Inc	592,250	$4,933	1.8%	$8.33	—	COM	36268W100
—	Vista Outdoor Inc	239,575	$4,933	1.8%	$20.59	—	COM	928377100
FFIC	Flushing Financial	163,100	$4,382	1.6%	$12.13	+50.8%	COM	343873105
KFRC	Kforce Inc	181,550	$4,312	1.6%	$22.46	+6.2%	COM	493732101
ENSG	The Ensign Group	186,384	$3,504	1.3%	$17.46	0.0%	COM	29358P101
—	Babcock & Wilcox Enterprises	367,875	$3,436	1.3%	$16.80	—	COM	05614L100
KE	Kimball Electronics Inc	191,800	$3,251	1.2%	$11.11	+50.1%	COM	49428J109
—	NewStar Financial Inc	292,225	$3,092	1.1%	$10.58	—	COM	65251F105
—	RetailMeNot Inc	357,525	$2,896	1.1%	$17.83	—	COM	76132B106
—	Zix Corp	485,750	$2,336	0.9%	$4.14	—	COM	98974P100
CRAI	CRA International Inc	60,200	$2,127	0.8%	$19.67	+56.3%	COM	12618T105