Nine Ten Capital Management LLC Long-Term Concentrated

CIK: 0001635236 · Show all filings

Period: Q1 2015 (Next →)

Filing Date: May 15, 2015

Total Value ($000): $305,084 (100.0% shares, 0.0% debt)

Holdings (12)

XPO XPO Logistics, Inc. 24.5%

Value ($000) $74,864 Shares 1,646,455 Est. Cost $14.49 Unrealized 0.0%

— INTL FCStone Inc. 14.5%

Value ($000) $44,214 Shares 1,487,180 Est. Cost $29.73 Unrealized —

WINA Winmark Corp. 13.2%

Value ($000) $40,235 Shares 459,463 Est. Cost $82.06 Unrealized 0.0%

— Liberty Tax, Inc. 9.2%

Value ($000) $28,049 Shares 1,007,866 Est. Cost $27.83 Unrealized —

— Reis, Inc 7.2%

Value ($000) $22,081 Shares 861,203 Est. Cost $25.64 Unrealized —

MLAB Mesa Laboratories Inc. 6.7%

Value ($000) $20,534 Shares 284,399 Est. Cost $70.91 Unrealized 0.0%

INGN Inogen, Inc 5.7%

Value ($000) $17,253 Shares 539,323 Est. Cost $32.28 Unrealized 0.0%

UTMD Utah Medical Products 5.3%

Value ($000) $16,230 Shares 271,139 Est. Cost $58.78 Unrealized 0.0%

OFLX Omega Flex, Inc. 4.4%

Value ($000) $13,391 Shares 532,461 Est. Cost $30.95 Unrealized 0.0%

GHM Graham Corp. 4.2%

Value ($000) $12,715 Shares 530,444 Est. Cost $20.47 Unrealized 0.0%

TLF Tandy Leather Factory Inc. 2.9%

Value ($000) $8,876 Shares 1,001,760 Est. Cost $8.76 Unrealized 0.0%

— Female Health Co. 2.2%

Value ($000) $6,642 Shares 2,346,947 Est. Cost $2.83 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
XPO	XPO Logistics, Inc.	1,646,455	$74,864	24.5%	$14.49	0.0%	COM	983793100
—	INTL FCStone Inc.	1,487,180	$44,214	14.5%	$29.73	—	COM	46116V105
WINA	Winmark Corp.	459,463	$40,235	13.2%	$82.06	0.0%	COM	974250102
—	Liberty Tax, Inc.	1,007,866	$28,049	9.2%	$27.83	—	CL A	53128T102
—	Reis, Inc	861,203	$22,081	7.2%	$25.64	—	COM	75936P105
MLAB	Mesa Laboratories Inc.	284,399	$20,534	6.7%	$70.91	0.0%	COM	59064R109
INGN	Inogen, Inc	539,323	$17,253	5.7%	$32.28	0.0%	COM	45780L104
UTMD	Utah Medical Products	271,139	$16,230	5.3%	$58.78	0.0%	COM	917488108
OFLX	Omega Flex, Inc.	532,461	$13,391	4.4%	$30.95	0.0%	COM	682095104
GHM	Graham Corp.	530,444	$12,715	4.2%	$20.47	0.0%	COM	384556106
TLF	Tandy Leather Factory Inc.	1,001,760	$8,876	2.9%	$8.76	0.0%	COM	87538X105
—	Female Health Co.	2,346,947	$6,642	2.2%	$2.83	—	COM	314462102