KESTREL INVESTMENT MANAGEMENT CORP Diversified Active

Location: San Mateo, CA

CIK: 0000917579 · Show all filings

Period: Q3 2023 (← Previous) (Next →)

Filing Date: Nov 7, 2023

Total Value: $158M (100.0% shares, 0.0% debt)

Holdings (38)

CRC California Resources Corp 5.9%

Value $9.314M Shares 166,300 Share Price $56.01 * Est. Cost/Share $29.31 Unrealized @ Report Date +78.7%

ROCK Gibraltar Industries Inc 4.7%

Value $7.477M Shares 110,750 Share Price $67.51 Est. Cost/Share $42.65 Unrealized @ Report Date +58.3%

TPH Tri Pointe Homes Inc 4.6%

Value $7.317M Shares 267,550 Share Price $27.35 Est. Cost/Share $19.25 Unrealized @ Report Date +42.1%

THC Tenet Healthcare Corp 4.5%

Value $7.129M Shares 108,200 Share Price $65.89 Est. Cost/Share $46.22 Unrealized @ Report Date +42.6%

CVSA Adtalem Global Educ Inc 4.4%

Value $7.01M Shares 163,600 Share Price $42.85 Est. Cost/Share $31.51 Unrealized @ Report Date +36.0%

DTM DT Midstream Inc 4.2%

Value $6.672M Shares 126,075 Share Price $52.92 * Est. Cost/Share $36.72 Unrealized @ Report Date +32.5%

— Vista Outdoor Inc 4.1%

Value $6.414M Shares 193,650 Share Price $33.12 Est. Cost/Share $14.79 Unrealized @ Report Date —

RDN Radian Group Inc 3.8%

Value $5.974M Shares 237,900 Share Price $25.11 * Est. Cost/Share $20.20 Unrealized @ Report Date +16.0%

CNX CNX Resources Corp 3.6%

Value $5.718M Shares 253,250 Share Price $22.58 Est. Cost/Share $13.56 Unrealized @ Report Date +66.5%

BHF Brighthouse Financial Inc 3.5%

Value $5.555M Shares 113,500 Share Price $48.94 Est. Cost/Share $41.08 Unrealized @ Report Date +19.1%

PHIN PHINIA Inc 3.4%

Value $5.425M Shares 202,500 Share Price $26.79 * Est. Cost/Share $26.06 Unrealized @ Report Date -2.6%

VCTR Victory Capital Hldgs Inc 3.3%

Value $5.284M Shares 158,500 Share Price $33.34 * Est. Cost/Share $28.33 Unrealized @ Report Date +9.8%

— The ODP Corp 3.3%

Value $5.261M Shares 114,000 Share Price $46.15 Est. Cost/Share $48.01 Unrealized @ Report Date —

CCRN Cross Country Healthcare Inc 3.3%

Value $5.171M Shares 208,600 Share Price $24.79 Est. Cost/Share $25.16 Unrealized @ Report Date -1.5%

IART Integra LifeSciences Hldgs Cor 3.0%

Value $4.676M Shares 122,450 Share Price $38.19 Est. Cost/Share $42.07 Unrealized @ Report Date -9.2%

— Avid Technology Inc 2.9%

Value $4.54M Shares 168,950 Share Price $26.87 Est. Cost/Share $7.35 Unrealized @ Report Date —

AX Axos Financial Inc 2.9%

Value $4.526M Shares 119,550 Share Price $37.86 Est. Cost/Share $38.75 Unrealized @ Report Date -2.3%

CNO CNO Financial Group Inc 2.8%

Value $4.42M Shares 186,250 Share Price $23.73 * Est. Cost/Share $14.32 Unrealized @ Report Date +58.7%

— Perficient Inc 2.5%

Value $4.021M Shares 69,500 Share Price $57.86 Est. Cost/Share $71.00 Unrealized @ Report Date —

VTS Vitesse Energy Inc 2.3%

Value $3.691M Shares 161,250 Share Price $22.89 Est. Cost/Share $17.24 Unrealized @ Report Date +32.7%

MDRX Veradigm Inc 2.2%

Value $3.468M Shares 263,900 Share Price $13.14 Est. Cost/Share $12.10 Unrealized @ Report Date +8.6%

BANR Banner Corp 2.2%

Value $3.439M Shares 81,150 Share Price $42.38 * Est. Cost/Share $43.96 Unrealized @ Report Date -11.7%

ADEA Adeia Inc 2.2%

Value $3.403M Shares 318,613 Share Price $10.68 * Est. Cost/Share $9.62 Unrealized @ Report Date +7.0%

LPRO Open Lending Corp 2.1%

Value $3.372M Shares 460,700 Share Price $7.32 Est. Cost/Share $7.79 Unrealized @ Report Date -6.0%

DIN Dine Brands Global Inc 2.0%

Value $3.167M Shares 64,050 Share Price $49.45 * Est. Cost/Share $60.07 Unrealized @ Report Date -28.1%

KSS Kohl's Corp 1.9%

Value $3.064M Shares 146,200 Share Price $20.96 Est. Cost/Share $29.17 Unrealized @ Report Date -28.1%

KOP Koppers Holdings Inc 1.9%

Value $2.964M Shares 74,950 Share Price $39.55 Est. Cost/Share $30.18 Unrealized @ Report Date +28.6%

SAIC Science App Intl Corp 1.8%

Value $2.918M Shares 27,650 Share Price $105.53 Est. Cost/Share $93.10 Unrealized @ Report Date +13.4%

SMP Standard Motor Prod Inc 1.7%

Value $2.663M Shares 79,200 Share Price $33.62 Est. Cost/Share $39.81 Unrealized @ Report Date -15.5%

— SP Plus Corp 1.6%

Value $2.502M Shares 69,300 Share Price $36.10 Est. Cost/Share $39.12 Unrealized @ Report Date —

SBSI Southside Bancshares Inc 1.6%

Value $2.491M Shares 86,800 Share Price $28.70 Est. Cost/Share $36.47 Unrealized @ Report Date -21.3%

— HireRight Hldgs Corp 1.2%

Value $1.852M Shares 194,750 Share Price $9.51 Est. Cost/Share $10.61 Unrealized @ Report Date —

AVD American Vanguard Corp 1.0%

Value $1.578M Shares 144,400 Share Price $10.93 Est. Cost/Share $15.05 Unrealized @ Report Date -28.0%

AAMI BrightSphere Inv Group Inc 0.9%

Value $1.475M Shares 76,081 Share Price $19.39 Est. Cost/Share $13.96 Unrealized @ Report Date +38.4%

— Daseke Inc 0.8%

Value $1.332M Shares 259,650 Share Price $5.13 Est. Cost/Share $5.69 Unrealized @ Report Date —

CCSI Consensus Cloud Solns Inc 0.7%

Value $1.136M Shares 45,100 Share Price $25.19 Est. Cost/Share $49.71 Unrealized @ Report Date -49.3%

XPER Xperi Inc 0.5%

Value $864K Shares 87,621 Share Price $9.86 Est. Cost/Share $23.33 Unrealized @ Report Date -57.7%

RLGT Radiant Logistics Inc 0.5%

Value $842K Shares 149,099 Share Price $5.65 Est. Cost/Share $4.13 Unrealized @ Report Date +36.8%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
CRC	California Resources Corp	166,300	$9.314M	5.9%	$56.01 *	$29.31	+78.7%	COM	13057Q305
ROCK	Gibraltar Industries Inc	110,750	$7.477M	4.7%	$67.51	$42.65	+58.3%	COM	374689107
TPH	Tri Pointe Homes Inc	267,550	$7.317M	4.6%	$27.35	$19.25	+42.1%	COM	87265H109
THC	Tenet Healthcare Corp	108,200	$7.129M	4.5%	$65.89	$46.22	+42.6%	COM	88033G407
CVSA	Adtalem Global Educ Inc	163,600	$7.01M	4.4%	$42.85	$31.51	+36.0%	COM	00737L103
DTM	DT Midstream Inc	126,075	$6.672M	4.2%	$52.92 *	$36.72	+32.5%	COM	23345M107
—	Vista Outdoor Inc	193,650	$6.414M	4.1%	$33.12	$14.79	—	COM	928377100
RDN	Radian Group Inc	237,900	$5.974M	3.8%	$25.11 *	$20.20	+16.0%	COM	750236101
CNX	CNX Resources Corp	253,250	$5.718M	3.6%	$22.58	$13.56	+66.5%	COM	12653C108
BHF	Brighthouse Financial Inc	113,500	$5.555M	3.5%	$48.94	$41.08	+19.1%	COM	10922N103
PHIN	PHINIA Inc	202,500	$5.425M	3.4%	$26.79 *	$26.06	-2.6%	COM	71880K101
VCTR	Victory Capital Hldgs Inc	158,500	$5.284M	3.3%	$33.34 *	$28.33	+9.8%	COM	92645B103
—	The ODP Corp	114,000	$5.261M	3.3%	$46.15	$48.01	—	COM	88337F105
CCRN	Cross Country Healthcare Inc	208,600	$5.171M	3.3%	$24.79	$25.16	-1.5%	COM	227483104
IART	Integra LifeSciences Hldgs Cor	122,450	$4.676M	3.0%	$38.19	$42.07	-9.2%	COM	457985208
—	Avid Technology Inc	168,950	$4.54M	2.9%	$26.87	$7.35	—	COM	05367P100
AX	Axos Financial Inc	119,550	$4.526M	2.9%	$37.86	$38.75	-2.3%	COM	05465C100
CNO	CNO Financial Group Inc	186,250	$4.42M	2.8%	$23.73 *	$14.32	+58.7%	COM	12621E103
—	Perficient Inc	69,500	$4.021M	2.5%	$57.86	$71.00	—	COM	71375U101
VTS	Vitesse Energy Inc	161,250	$3.691M	2.3%	$22.89	$17.24	+32.7%	COM	92852X103
MDRX	Veradigm Inc	263,900	$3.468M	2.2%	$13.14	$12.10	+8.6%	COM	01988P108
BANR	Banner Corp	81,150	$3.439M	2.2%	$42.38 *	$43.96	-11.7%	COM	06652V208
ADEA	Adeia Inc	318,613	$3.403M	2.2%	$10.68 *	$9.62	+7.0%	COM	00676P107
LPRO	Open Lending Corp	460,700	$3.372M	2.1%	$7.32	$7.79	-6.0%	COM	68373J104
DIN	Dine Brands Global Inc	64,050	$3.167M	2.0%	$49.45 *	$60.07	-28.1%	COM	254423106
KSS	Kohl's Corp	146,200	$3.064M	1.9%	$20.96	$29.17	-28.1%	COM	500255104
KOP	Koppers Holdings Inc	74,950	$2.964M	1.9%	$39.55	$30.18	+28.6%	COM	50060P106
SAIC	Science App Intl Corp	27,650	$2.918M	1.8%	$105.53	$93.10	+13.4%	COM	808625107
SMP	Standard Motor Prod Inc	79,200	$2.663M	1.7%	$33.62	$39.81	-15.5%	COM	853666105
—	SP Plus Corp	69,300	$2.502M	1.6%	$36.10	$39.12	—	COM	78469C103
SBSI	Southside Bancshares Inc	86,800	$2.491M	1.6%	$28.70	$36.47	-21.3%	COM	84470P109
—	HireRight Hldgs Corp	194,750	$1.852M	1.2%	$9.51	$10.61	—	COM	433537107
AVD	American Vanguard Corp	144,400	$1.578M	1.0%	$10.93	$15.05	-28.0%	COM	030371108
AAMI	BrightSphere Inv Group Inc	76,081	$1.475M	0.9%	$19.39	$13.96	+38.4%	COM	10948W103
—	Daseke Inc	259,650	$1.332M	0.8%	$5.13	$5.69	—	COM	23753F107
CCSI	Consensus Cloud Solns Inc	45,100	$1.136M	0.7%	$25.19	$49.71	-49.3%	COM	20848V105
XPER	Xperi Inc	87,621	$864K	0.5%	$9.86	$23.33	-57.7%	COM	98423J101
RLGT	Radiant Logistics Inc	149,099	$842K	0.5%	$5.65	$4.13	+36.8%	COM	75025X100