KESTREL INVESTMENT MANAGEMENT CORP Diversified Active

CIK: 0000917579 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Nov 12, 2025

Total Value ($000): $177 (100.0% shares, 0.0% debt)

Holdings (40)

PHIN PHINIA Inc 5.6%

Value ($000) $10 Shares 171,300 Est. Cost $27.10 Unrealized +97.6%

AX Axos Financial Inc 4.7%

Value ($000) $8 Shares 99,350 Est. Cost $40.20 Unrealized +116.8%

UPWK Upwork Inc 4.7%

Value ($000) $8 Shares 451,000 Est. Cost $10.43 Unrealized +42.8%

TPH Tri Pointe Homes Inc 4.4%

Value ($000) $8 Shares 229,450 Est. Cost $20.89 Unrealized +63.0%

CVSA Adtalem Global Educ Inc 4.3%

Value ($000) $8 Shares 49,300 Est. Cost $34.13 Unrealized +275.2%

RDN Radian Group Inc 4.1%

Value ($000) $7 Shares 199,700 Est. Cost $20.90 Unrealized +64.7%

— Premier Inc 4.0%

Value ($000) $7 Shares 255,350 Est. Cost $0.02 Unrealized —

NATL NCR Atleos Corp 3.6%

Value ($000) $6 Shares 163,850 Est. Cost $23.22 Unrealized +49.9%

CNO CNO Financial Group Inc 3.6%

Value ($000) $6 Shares 159,650 Est. Cost $15.35 Unrealized +147.0%

GTM ZoomInfo Technologies Inc 3.5%

Value ($000) $6 Shares 571,000 Est. Cost $9.25 Unrealized +15.8%

THC Tenet Healthcare Corp 3.3%

Value ($000) $6 Shares 28,575 Est. Cost $46.22 Unrealized +283.9%

MDU MDU Resources Group Inc 3.1%

Value ($000) $6 Shares 309,600 Est. Cost $16.91 Unrealized -2.6%

BHF Brighthouse Financial Inc 2.8%

Value ($000) $5 Shares 94,500 Est. Cost $41.35 Unrealized +18.1%

HAE Haemonetics Corp 2.8%

Value ($000) $5 Shares 101,800 Est. Cost $61.90 Unrealized 0.0%

VTOL Bristow Group Inc 2.7%

Value ($000) $5 Shares 135,100 Est. Cost $36.69 Unrealized 0.0%

ATKR Atkore Inc 2.7%

Value ($000) $5 Shares 77,350 Est. Cost $69.79 Unrealized -7.8%

PLAB Photronics Inc 2.7%

Value ($000) $5 Shares 209,150 Est. Cost $24.48 Unrealized -12.6%

CNXC Concentrix Corp 2.7%

Value ($000) $5 Shares 102,050 Est. Cost $46.42 Unrealized +12.8%

PBH Prestige Consumer Healthcare I 2.6%

Value ($000) $5 Shares 72,950 Est. Cost $69.35 Unrealized +0.4%

XHR Xenia Hotels and Resorts 2.4%

Value ($000) $4 Shares 307,750 Est. Cost $0.01 Unrealized —

BLKB Blackbaud Inc 2.3%

Value ($000) $4 Shares 63,650 Est. Cost $77.18 Unrealized -15.1%

PGNY Progyny Inc 2.2%

Value ($000) $4 Shares 178,650 Est. Cost $29.72 Unrealized -23.5%

PFBC Preferred Bank 2.1%

Value ($000) $4 Shares 41,450 Est. Cost $72.70 Unrealized +27.5%

OCFC OceanFirst Financial Corp 2.0%

Value ($000) $4 Shares 204,150 Est. Cost $17.40 Unrealized 0.0%

BBT Beacon Financial Corp 1.9%

Value ($000) $3 Shares 140,950 Est. Cost $21.51 Unrealized +16.2%

— TreeHouse Foods Inc 1.9%

Value ($000) $3 Shares 164,650 Est. Cost $0.04 Unrealized —

DRVN Driven Brands Hldgs Inc 1.8%

Value ($000) $3 Shares 200,200 Est. Cost $12.55 Unrealized +38.8%

AAMI Acadian Asset Management Inc 1.8%

Value ($000) $3 Shares 65,381 Est. Cost $14.68 Unrealized +203.6%

MATW Matthews International Corp 1.6%

Value ($000) $3 Shares 120,000 Est. Cost $20.32 Unrealized +17.9%

EPC Edgewell Personal Care Co 1.4%

Value ($000) $2 Shares 122,200 Est. Cost $36.97 Unrealized -37.4%

CCRN Cross Country Healthcare Inc 1.4%

Value ($000) $2 Shares 174,300 Est. Cost $24.42 Unrealized -45.9%

KOP Koppers Holdings Inc 1.4%

Value ($000) $2 Shares 86,750 Est. Cost $29.79 Unrealized +2.9%

SAIC Science App Intl Corp 1.3%

Value ($000) $2 Shares 22,750 Est. Cost $93.10 Unrealized +20.0%

MTUS Metallus Inc 1.3%

Value ($000) $2 Shares 136,000 Est. Cost $21.64 Unrealized -24.6%

HDSN Hudson Technologies Inc 1.2%

Value ($000) $2 Shares 208,850 Est. Cost $8.27 Unrealized +13.5%

SBSI Southside Bancshares Inc 1.1%

Value ($000) $2 Shares 71,900 Est. Cost $36.15 Unrealized -16.3%

RNGR Ranger Energy Srvcs Inc 1.1%

Value ($000) $2 Shares 144,400 Est. Cost $10.57 Unrealized +24.5%

AVNS Avanos Medical Inc 1.0%

Value ($000) $2 Shares 146,050 Est. Cost $20.77 Unrealized -43.6%

FORR Forrester Research Inc 0.6%

Value ($000) $1 Shares 95,100 Est. Cost $18.24 Unrealized -44.4%

RLGT Radiant Logistics Inc 0.4%

Value ($000) $1 Shares 132,699 Est. Cost $4.29 Unrealized +43.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PHIN	PHINIA Inc	171,300	$10	5.6%	$27.10	+97.6%	COM	71880K101
AX	Axos Financial Inc	99,350	$8	4.7%	$40.20	+116.8%	COM	05465C100
UPWK	Upwork Inc	451,000	$8	4.7%	$10.43	+42.8%	COM	91688F104
TPH	Tri Pointe Homes Inc	229,450	$8	4.4%	$20.89	+63.0%	COM	87265H109
CVSA	Adtalem Global Educ Inc	49,300	$8	4.3%	$34.13	+275.2%	COM	00737L103
RDN	Radian Group Inc	199,700	$7	4.1%	$20.90	+64.7%	COM	750236101
—	Premier Inc	255,350	$7	4.0%	$0.02	—	COM	74051N102
NATL	NCR Atleos Corp	163,850	$6	3.6%	$23.22	+49.9%	COM	63001N106
CNO	CNO Financial Group Inc	159,650	$6	3.6%	$15.35	+147.0%	COM	12621E103
GTM	ZoomInfo Technologies Inc	571,000	$6	3.5%	$9.25	+15.8%	COM	98980F104
THC	Tenet Healthcare Corp	28,575	$6	3.3%	$46.22	+283.9%	COM	88033G407
MDU	MDU Resources Group Inc	309,600	$6	3.1%	$16.91	-2.6%	COM	552690109
BHF	Brighthouse Financial Inc	94,500	$5	2.8%	$41.35	+18.1%	COM	10922N103
HAE	Haemonetics Corp	101,800	$5	2.8%	$61.90	0.0%	COM	405024100
VTOL	Bristow Group Inc	135,100	$5	2.7%	$36.69	0.0%	COM	11040G103
ATKR	Atkore Inc	77,350	$5	2.7%	$69.79	-7.8%	COM	047649108
PLAB	Photronics Inc	209,150	$5	2.7%	$24.48	-12.6%	COM	719405102
CNXC	Concentrix Corp	102,050	$5	2.7%	$46.42	+12.8%	COM	20602D101
PBH	Prestige Consumer Healthcare I	72,950	$5	2.6%	$69.35	+0.4%	COM	74112D101
XHR	Xenia Hotels and Resorts	307,750	$4	2.4%	$0.01	—	COM	984017103
BLKB	Blackbaud Inc	63,650	$4	2.3%	$77.18	-15.1%	COM	09227Q100
PGNY	Progyny Inc	178,650	$4	2.2%	$29.72	-23.5%	COM	74340E103
PFBC	Preferred Bank	41,450	$4	2.1%	$72.70	+27.5%	COM	740367404
OCFC	OceanFirst Financial Corp	204,150	$4	2.0%	$17.40	0.0%	COM	675234108
BBT	Beacon Financial Corp	140,950	$3	1.9%	$21.51	+16.2%	COM	084680107
—	TreeHouse Foods Inc	164,650	$3	1.9%	$0.04	—	COM	89469A104
DRVN	Driven Brands Hldgs Inc	200,200	$3	1.8%	$12.55	+38.8%	COM	26210V102
AAMI	Acadian Asset Management Inc	65,381	$3	1.8%	$14.68	+203.6%	COM	10948W103
MATW	Matthews International Corp	120,000	$3	1.6%	$20.32	+17.9%	COM	577128101
EPC	Edgewell Personal Care Co	122,200	$2	1.4%	$36.97	-37.4%	COM	28035Q102
CCRN	Cross Country Healthcare Inc	174,300	$2	1.4%	$24.42	-45.9%	COM	227483104
KOP	Koppers Holdings Inc	86,750	$2	1.4%	$29.79	+2.9%	COM	50060P106
SAIC	Science App Intl Corp	22,750	$2	1.3%	$93.10	+20.0%	COM	808625107
MTUS	Metallus Inc	136,000	$2	1.3%	$21.64	-24.6%	COM	887399103
HDSN	Hudson Technologies Inc	208,850	$2	1.2%	$8.27	+13.5%	COM	444144109
SBSI	Southside Bancshares Inc	71,900	$2	1.1%	$36.15	-16.3%	COM	84470P109
RNGR	Ranger Energy Srvcs Inc	144,400	$2	1.1%	$10.57	+24.5%	COM	75282U104
AVNS	Avanos Medical Inc	146,050	$2	1.0%	$20.77	-43.6%	COM	05350V106
FORR	Forrester Research Inc	95,100	$1	0.6%	$18.24	-44.4%	COM	346563109
RLGT	Radiant Logistics Inc	132,699	$1	0.4%	$4.29	+43.4%	COM	75025X100