KESTREL INVESTMENT MANAGEMENT CORP Diversified Active

CIK: 0000917579 · Show all filings

Period: Q1 2018 (← Previous) (Next →)

Filing Date: May 11, 2018

Total Value ($000): $265,125 (100.0% shares, 0.0% debt)

Holdings (43)

— SPX Corp 4.4%

Value ($000) $11,726 Shares 361,025 Est. Cost $15.02 Unrealized —

AMN AMN Healthcare Svcs Inc 4.3%

Value ($000) $11,434 Shares 201,475 Est. Cost $38.22 Unrealized +42.3%

BWXT BWX Technologies Inc 4.3%

Value ($000) $11,339 Shares 178,475 Est. Cost $22.66 Unrealized +153.6%

— Pinnacle Entertainment Inc 4.0%

Value ($000) $10,546 Shares 349,800 Est. Cost $12.34 Unrealized —

BLMN Bloomin Brands Inc 3.9%

Value ($000) $10,434 Shares 429,725 Est. Cost $14.59 Unrealized +25.0%

— Linn Energy Inc 3.9%

Value ($000) $10,216 Shares 265,765 Est. Cost $38.15 Unrealized —

WD Walker & Dunlop Inc 3.7%

Value ($000) $9,901 Shares 166,625 Est. Cost $19.15 Unrealized +112.6%

CNX CNX Resources Corp 3.6%

Value ($000) $9,449 Shares 612,375 Est. Cost $13.81 Unrealized +8.1%

CAR Avis Budget Group Inc 3.3%

Value ($000) $8,671 Shares 185,125 Est. Cost $32.98 Unrealized +29.8%

ENSG The Ensign Group 3.2%

Value ($000) $8,595 Shares 326,800 Est. Cost $17.55 Unrealized +32.3%

GNRC Generac Holdings Inc 3.2%

Value ($000) $8,543 Shares 186,075 Est. Cost $29.97 Unrealized +58.6%

— Michaels Companies Inc 3.0%

Value ($000) $7,856 Shares 398,575 Est. Cost $21.47 Unrealized —

— TreeHouse Foods Inc 2.9%

Value ($000) $7,819 Shares 204,300 Est. Cost $38.27 Unrealized —

SBH Sally Beauty Hldgs Inc 2.9%

Value ($000) $7,657 Shares 465,450 Est. Cost $17.33 Unrealized -1.1%

— Gulfport Energy Corp 2.8%

Value ($000) $7,491 Shares 776,300 Est. Cost $9.65 Unrealized —

WKC World Fuel Services Corp 2.8%

Value ($000) $7,460 Shares 303,850 Est. Cost $25.71 Unrealized 0.0%

— CONSOL Energy Inc 2.8%

Value ($000) $7,445 Shares 257,003 Est. Cost $39.51 Unrealized —

TGNA TEGNA Inc 2.7%

Value ($000) $7,134 Shares 626,325 Est. Cost $13.08 Unrealized +4.4%

— Verint Systems Inc 2.7%

Value ($000) $7,029 Shares 165,000 Est. Cost $33.13 Unrealized —

WNC Wabash National Corp 2.5%

Value ($000) $6,717 Shares 322,800 Est. Cost $10.22 Unrealized +86.4%

SKT Tanger Factory Outlet Cntrs 2.4%

Value ($000) $6,366 Shares 289,350 Est. Cost $24.42 Unrealized —

BIGGQ Big Lots Inc 2.4%

Value ($000) $6,321 Shares 145,200 Est. Cost $38.90 Unrealized +13.2%

— Mitel Networks Corp 2.4%

Value ($000) $6,237 Shares 672,050 Est. Cost $6.93 Unrealized —

— CalAmp Corp 2.3%

Value ($000) $6,082 Shares 265,800 Est. Cost $13.95 Unrealized —

— Spirit Realty Capital Inc 2.2%

Value ($000) $5,892 Shares 759,300 Est. Cost $7.76 Unrealized —

CTRN Citi Trends Inc 2.2%

Value ($000) $5,761 Shares 186,375 Est. Cost $19.02 Unrealized +24.4%

NTCT NetScout Systems Inc 2.2%

Value ($000) $5,745 Shares 218,025 Est. Cost $27.44 Unrealized -0.9%

— PDL BioPharma Inc 1.8%

Value ($000) $4,804 Shares 1,634,000 Est. Cost $2.47 Unrealized —

— TriState Capital Holdings 1.7%

Value ($000) $4,616 Shares 198,550 Est. Cost $10.42 Unrealized —

KFRC Kforce Inc 1.6%

Value ($000) $4,343 Shares 160,550 Est. Cost $22.46 Unrealized +19.7%

DFIN Donnelley Financial Soln 1.5%

Value ($000) $3,923 Shares 228,475 Est. Cost $21.62 Unrealized -9.9%

— iStar Inc 1.4%

Value ($000) $3,818 Shares 375,450 Est. Cost $12.37 Unrealized —

— GAIN Capital Hldgs Inc 1.3%

Value ($000) $3,492 Shares 517,350 Est. Cost $8.33 Unrealized —

CRAI CRA International Inc 1.2%

Value ($000) $3,148 Shares 60,200 Est. Cost $19.67 Unrealized +118.7%

ARQ Advanced Emissions Soln 1.1%

Value ($000) $3,018 Shares 264,300 Est. Cost $7.92 Unrealized -1.7%

— Marlin Business Services 1.1%

Value ($000) $2,881 Shares 101,625 Est. Cost $28.75 Unrealized —

KE Kimball Electronics Inc 1.0%

Value ($000) $2,692 Shares 166,700 Est. Cost $11.11 Unrealized +61.8%

— Federated Natl Hldg Co 1.0%

Value ($000) $2,538 Shares 160,925 Est. Cost $16.00 Unrealized —

— Zix Corp 0.7%

Value ($000) $1,818 Shares 425,650 Est. Cost $4.14 Unrealized —

— PICO Holdings Inc 0.6%

Value ($000) $1,719 Shares 150,100 Est. Cost $12.80 Unrealized —

— PCM Inc 0.6%

Value ($000) $1,579 Shares 190,225 Est. Cost $10.21 Unrealized —

ASIX AdvanSix Inc 0.3%

Value ($000) $870 Shares 25,000 Est. Cost $16.41 Unrealized +119.4%

— NewStar Financial Inc CVR 0.0%

Value ($000) $0 Shares 270,625 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	SPX Corp	361,025	$11,726	4.4%	$15.02	—	COM	784635104
AMN	AMN Healthcare Svcs Inc	201,475	$11,434	4.3%	$38.22	+42.3%	COM	001744101
BWXT	BWX Technologies Inc	178,475	$11,339	4.3%	$22.66	+153.6%	COM	05605H100
—	Pinnacle Entertainment Inc	349,800	$10,546	4.0%	$12.34	—	COM	72348Y105
BLMN	Bloomin Brands Inc	429,725	$10,434	3.9%	$14.59	+25.0%	COM	094235108
—	Linn Energy Inc	265,765	$10,216	3.9%	$38.15	—	COM	53601P304
WD	Walker & Dunlop Inc	166,625	$9,901	3.7%	$19.15	+112.6%	COM	93148P102
CNX	CNX Resources Corp	612,375	$9,449	3.6%	$13.81	+8.1%	COM	12653C108
CAR	Avis Budget Group Inc	185,125	$8,671	3.3%	$32.98	+29.8%	COM	053774105
ENSG	The Ensign Group	326,800	$8,595	3.2%	$17.55	+32.3%	COM	29358P101
GNRC	Generac Holdings Inc	186,075	$8,543	3.2%	$29.97	+58.6%	COM	368736104
—	Michaels Companies Inc	398,575	$7,856	3.0%	$21.47	—	COM	59408Q106
—	TreeHouse Foods Inc	204,300	$7,819	2.9%	$38.27	—	COM	89469A104
SBH	Sally Beauty Hldgs Inc	465,450	$7,657	2.9%	$17.33	-1.1%	COM	79546E104
—	Gulfport Energy Corp	776,300	$7,491	2.8%	$9.65	—	COM	402635304
WKC	World Fuel Services Corp	303,850	$7,460	2.8%	$25.71	0.0%	COM	981475106
—	CONSOL Energy Inc	257,003	$7,445	2.8%	$39.51	—	COM	20854L108
TGNA	TEGNA Inc	626,325	$7,134	2.7%	$13.08	+4.4%	COM	87901J105
—	Verint Systems Inc	165,000	$7,029	2.7%	$33.13	—	COM	92343X100
WNC	Wabash National Corp	322,800	$6,717	2.5%	$10.22	+86.4%	COM	929566107
SKT	Tanger Factory Outlet Cntrs	289,350	$6,366	2.4%	$24.42	—	COM	875465106
BIGGQ	Big Lots Inc	145,200	$6,321	2.4%	$38.90	+13.2%	COM	089302103
—	Mitel Networks Corp	672,050	$6,237	2.4%	$6.93	—	COM	60671Q104
—	CalAmp Corp	265,800	$6,082	2.3%	$13.95	—	COM	128126109
—	Spirit Realty Capital Inc	759,300	$5,892	2.2%	$7.76	—	COM	84860W102
CTRN	Citi Trends Inc	186,375	$5,761	2.2%	$19.02	+24.4%	COM	17306X102
NTCT	NetScout Systems Inc	218,025	$5,745	2.2%	$27.44	-0.9%	COM	64115T104
—	PDL BioPharma Inc	1,634,000	$4,804	1.8%	$2.47	—	COM	69329Y104
—	TriState Capital Holdings	198,550	$4,616	1.7%	$10.42	—	COM	89678F100
KFRC	Kforce Inc	160,550	$4,343	1.6%	$22.46	+19.7%	COM	493732101
DFIN	Donnelley Financial Soln	228,475	$3,923	1.5%	$21.62	-9.9%	COM	25787G100
—	iStar Inc	375,450	$3,818	1.4%	$12.37	—	COM	45031U101
—	GAIN Capital Hldgs Inc	517,350	$3,492	1.3%	$8.33	—	COM	36268W100
CRAI	CRA International Inc	60,200	$3,148	1.2%	$19.67	+118.7%	COM	12618T105
ARQ	Advanced Emissions Soln	264,300	$3,018	1.1%	$7.92	-1.7%	COM	00770C101
—	Marlin Business Services	101,625	$2,881	1.1%	$28.75	—	COM	571157106
KE	Kimball Electronics Inc	166,700	$2,692	1.0%	$11.11	+61.8%	COM	49428J109
—	Federated Natl Hldg Co	160,925	$2,538	1.0%	$16.00	—	COM	31422T101
—	Zix Corp	425,650	$1,818	0.7%	$4.14	—	COM	98974P100
—	PICO Holdings Inc	150,100	$1,719	0.6%	$12.80	—	COM	693366205
—	PCM Inc	190,225	$1,579	0.6%	$10.21	—	COM	69323K100
ASIX	AdvanSix Inc	25,000	$870	0.3%	$16.41	+119.4%	COM	00773T101
—	NewStar Financial Inc CVR	270,625	$0	0.0%	—	—	COM	652CVR994