KESTREL INVESTMENT MANAGEMENT CORP Diversified Active

CIK: 0000917579 · Show all filings

Period: Q1 2020 (← Previous) (Next →)

Filing Date: May 13, 2020

Total Value ($000): $129,160 (100.0% shares, 0.0% debt)

Holdings (40)

GNRC Generac Holdings Inc 10.4%

Value ($000) $13,454 Shares 144,400 Est. Cost $29.97 Unrealized +243.7%

PBH Prestige Consumer Healthcare I 5.2%

Value ($000) $6,725 Shares 183,350 Est. Cost $37.44 Unrealized +3.7%

BGS B&G Foods Inc 5.0%

Value ($000) $6,502 Shares 359,400 Est. Cost $9.21 Unrealized 0.0%

PDM Piedmont Office Rlty Trst Inc 4.6%

Value ($000) $5,954 Shares 337,150 Est. Cost $18.93 Unrealized —

WKC World Fuel Services Corp 4.5%

Value ($000) $5,815 Shares 230,950 Est. Cost $25.71 Unrealized +32.7%

EXP Eagle Materials Inc 4.4%

Value ($000) $5,623 Shares 96,250 Est. Cost $77.40 Unrealized 0.0%

PCH PotlatchDeltic Corp 4.3%

Value ($000) $5,506 Shares 175,400 Est. Cost $35.54 Unrealized —

— Magellan Health Inc 3.8%

Value ($000) $4,941 Shares 102,700 Est. Cost $56.89 Unrealized —

— Perspecta Inc 3.7%

Value ($000) $4,747 Shares 260,250 Est. Cost $17.22 Unrealized —

— Virtusa Corp 3.6%

Value ($000) $4,683 Shares 164,900 Est. Cost $45.33 Unrealized —

CNO CNO Financial Group Inc 3.3%

Value ($000) $4,284 Shares 345,750 Est. Cost $14.33 Unrealized 0.0%

SPB Spectrum Brands Hldgs Inc 3.3%

Value ($000) $4,253 Shares 116,950 Est. Cost $52.17 Unrealized +3.6%

CRNC Cerence Inc 3.2%

Value ($000) $4,113 Shares 267,100 Est. Cost $16.42 Unrealized +28.0%

— Avaya Holdings Corp 3.1%

Value ($000) $4,037 Shares 499,050 Est. Cost $13.50 Unrealized —

NTCT NetScout Systems Inc 3.1%

Value ($000) $3,975 Shares 167,950 Est. Cost $27.44 Unrealized -7.6%

— Boston Private Finl Hldgs Inc 2.9%

Value ($000) $3,725 Shares 520,950 Est. Cost $7.15 Unrealized —

LTC LTC Properties Inc 2.9%

Value ($000) $3,688 Shares 119,350 Est. Cost $30.90 Unrealized —

— TiVo Corp 2.5%

Value ($000) $3,221 Shares 455,000 Est. Cost $13.45 Unrealized —

— Verso Corp 2.1%

Value ($000) $2,663 Shares 236,050 Est. Cost $11.28 Unrealized —

ENVA Enova International Inc 2.0%

Value ($000) $2,608 Shares 180,000 Est. Cost $19.82 Unrealized 0.0%

JELD JELD-WEN Holding Inc 2.0%

Value ($000) $2,551 Shares 262,150 Est. Cost $26.62 Unrealized -25.1%

AVD American Vanguard Corp 1.9%

Value ($000) $2,486 Shares 171,950 Est. Cost $17.09 Unrealized -5.3%

CNX CNX Resources Corp 1.9%

Value ($000) $2,477 Shares 465,550 Est. Cost $13.81 Unrealized -51.9%

— PDL BioPharma Inc 1.9%

Value ($000) $2,457 Shares 871,300 Est. Cost $2.82 Unrealized —

GVA Granite Construction Inc 1.6%

Value ($000) $2,124 Shares 139,900 Est. Cost $43.73 Unrealized -48.7%

HAFC Hanmi Financial Corp 1.6%

Value ($000) $2,091 Shares 192,750 Est. Cost $21.83 Unrealized -26.9%

BZH Beazer Homes USA Inc 1.5%

Value ($000) $1,973 Shares 306,300 Est. Cost $12.05 Unrealized +2.8%

BIGGQ Big Lots Inc 1.2%

Value ($000) $1,585 Shares 111,450 Est. Cost $38.90 Unrealized -49.6%

— TriState Capital Holdings 1.1%

Value ($000) $1,436 Shares 148,500 Est. Cost $10.42 Unrealized —

KE Kimball Electronics Inc 1.1%

Value ($000) $1,390 Shares 127,250 Est. Cost $11.11 Unrealized +34.1%

FFIC Flushing Financial Inc 1.0%

Value ($000) $1,313 Shares 98,300 Est. Cost $15.38 Unrealized -13.8%

CTRN Citi Trends Inc 1.0%

Value ($000) $1,290 Shares 144,950 Est. Cost $19.02 Unrealized +1.4%

SKT Tanger Factory Outlet Cntrs 0.9%

Value ($000) $1,125 Shares 225,050 Est. Cost $24.42 Unrealized —

RLGT Radiant Logistics Inc 0.8%

Value ($000) $1,012 Shares 261,399 Est. Cost $4.09 Unrealized +13.0%

— PICO Holdings Inc 0.7%

Value ($000) $873 Shares 112,250 Est. Cost $12.80 Unrealized —

— Marlin Business Services 0.7%

Value ($000) $866 Shares 77,500 Est. Cost $28.75 Unrealized —

— Riviera Resources Inc 0.7%

Value ($000) $863 Shares 205,383 Est. Cost $21.45 Unrealized —

— Michaels Companies Inc 0.4%

Value ($000) $495 Shares 305,400 Est. Cost $21.47 Unrealized —

INBK First Internet Bancorp 0.2%

Value ($000) $236 Shares 14,400 Est. Cost $22.73 Unrealized +1.5%

— NewStar Financial Inc CVR 0.0%

Value ($000) $0 Shares 241,225 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GNRC	Generac Holdings Inc	144,400	$13,454	10.4%	$29.97	+243.7%	COM	368736104
PBH	Prestige Consumer Healthcare I	183,350	$6,725	5.2%	$37.44	+3.7%	COM	74112D101
BGS	B&G Foods Inc	359,400	$6,502	5.0%	$9.21	0.0%	COM	05508R106
PDM	Piedmont Office Rlty Trst Inc	337,150	$5,954	4.6%	$18.93	—	COM	720190206
WKC	World Fuel Services Corp	230,950	$5,815	4.5%	$25.71	+32.7%	COM	981475106
EXP	Eagle Materials Inc	96,250	$5,623	4.4%	$77.40	0.0%	COM	26969P108
PCH	PotlatchDeltic Corp	175,400	$5,506	4.3%	$35.54	—	COM	737630103
—	Magellan Health Inc	102,700	$4,941	3.8%	$56.89	—	COM	559079207
—	Perspecta Inc	260,250	$4,747	3.7%	$17.22	—	COM	715347100
—	Virtusa Corp	164,900	$4,683	3.6%	$45.33	—	COM	92827P102
CNO	CNO Financial Group Inc	345,750	$4,284	3.3%	$14.33	0.0%	COM	12621E103
SPB	Spectrum Brands Hldgs Inc	116,950	$4,253	3.3%	$52.17	+3.6%	COM	84790A105
CRNC	Cerence Inc	267,100	$4,113	3.2%	$16.42	+28.0%	COM	156727109
—	Avaya Holdings Corp	499,050	$4,037	3.1%	$13.50	—	COM	05351X101
NTCT	NetScout Systems Inc	167,950	$3,975	3.1%	$27.44	-7.6%	COM	64115T104
—	Boston Private Finl Hldgs Inc	520,950	$3,725	2.9%	$7.15	—	COM	101119105
LTC	LTC Properties Inc	119,350	$3,688	2.9%	$30.90	—	COM	502175102
—	TiVo Corp	455,000	$3,221	2.5%	$13.45	—	COM	88870P106
—	Verso Corp	236,050	$2,663	2.1%	$11.28	—	COM	92531L207
ENVA	Enova International Inc	180,000	$2,608	2.0%	$19.82	0.0%	COM	29357K103
JELD	JELD-WEN Holding Inc	262,150	$2,551	2.0%	$26.62	-25.1%	COM	47580P103
AVD	American Vanguard Corp	171,950	$2,486	1.9%	$17.09	-5.3%	COM	030371108
CNX	CNX Resources Corp	465,550	$2,477	1.9%	$13.81	-51.9%	COM	12653C108
—	PDL BioPharma Inc	871,300	$2,457	1.9%	$2.82	—	COM	69329Y104
GVA	Granite Construction Inc	139,900	$2,124	1.6%	$43.73	-48.7%	COM	387328107
HAFC	Hanmi Financial Corp	192,750	$2,091	1.6%	$21.83	-26.9%	COM	410495204
BZH	Beazer Homes USA Inc	306,300	$1,973	1.5%	$12.05	+2.8%	COM	07556Q881
BIGGQ	Big Lots Inc	111,450	$1,585	1.2%	$38.90	-49.6%	COM	089302103
—	TriState Capital Holdings	148,500	$1,436	1.1%	$10.42	—	COM	89678F100
KE	Kimball Electronics Inc	127,250	$1,390	1.1%	$11.11	+34.1%	COM	49428J109
FFIC	Flushing Financial Inc	98,300	$1,313	1.0%	$15.38	-13.8%	COM	343873105
CTRN	Citi Trends Inc	144,950	$1,290	1.0%	$19.02	+1.4%	COM	17306X102
SKT	Tanger Factory Outlet Cntrs	225,050	$1,125	0.9%	$24.42	—	COM	875465106
RLGT	Radiant Logistics Inc	261,399	$1,012	0.8%	$4.09	+13.0%	COM	75025X100
—	PICO Holdings Inc	112,250	$873	0.7%	$12.80	—	COM	693366205
—	Marlin Business Services	77,500	$866	0.7%	$28.75	—	COM	571157106
—	Riviera Resources Inc	205,383	$863	0.7%	$21.45	—	COM	76964R104
—	Michaels Companies Inc	305,400	$495	0.4%	$21.47	—	COM	59408Q106
INBK	First Internet Bancorp	14,400	$236	0.2%	$22.73	+1.5%	COM	320557101
—	NewStar Financial Inc CVR	241,225	$0	0.0%	—	—	COM	652CVR994