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Asset Manager ← All Institutions

KESTREL INVESTMENT MANAGEMENT CORP

411 BOREL AVE SUITE 403, SAN MATEO, CA 94402 • 6505729469

Q2 2025 · Filed 2025-07-31
Market Value
$166M
+2.0%
Holdings
41
-2
New Purchases
2
Added To
0
Closed
1
Reduced
38
Top 10 Concentration
39.3%
Turnover
7.3%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
ZI 3.47% 0.00% +3.47% $6M
MATW 1.72% 0.00% +1.72% $3M
CVSA 3.77% 3.18% +0.59% $6M
THC 3.02% 2.47% +0.55% $5M
AX 4.54% 4.11% +0.42% $8M
MRC 3.15% 2.82% +0.33% $5M
ATKR 3.28% 2.97% +0.31% $5M
AAMI 1.38% 1.08% +0.30% $2M
PINC 3.36% 3.16% +0.20% $6M
HDSN 1.02% 0.83% +0.19% $2M
KOP 1.68% 1.55% +0.12% $3M
TMST 1.26% 1.17% +0.09% $2M
RDN 4.32% 4.24% +0.08% $7M
NATL 2.81% 2.78% +0.03% $5M
ADEA 2.26% 2.25% +0.01% $4M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
SHLS 0.00% 1.73% -1.73% $0
THS 1.92% 2.86% -0.94% $3M
EPC 1.72% 2.45% -0.73% $3M
CNO 3.70% 4.27% -0.57% $6M
PBH 3.50% 4.02% -0.52% $6M
BHF 3.05% 3.51% -0.46% $5M
PLAB 2.37% 2.79% -0.42% $4M
CNXC 3.24% 3.65% -0.41% $5M
CCRN 1.37% 1.67% -0.30% $2M
TPH 4.40% 4.70% -0.29% $7M
RNGR 1.04% 1.32% -0.28% $2M
AVNS 1.08% 1.34% -0.27% $2M
MDU 3.10% 3.36% -0.26% $5M
BBT 2.12% 2.36% -0.24% $4M
PGNY 2.36% 2.56% -0.20% $4M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Consumer Cyclical 20.8%
Financial Services 20.1%
Technology 19.3%
Healthcare 14.9%
Basic Materials 8.4%

Market Cap Concentration

TierHoldingsValueWeight
Large Cap 1 $5M 3.0%
Mid Cap 20 $104M 62.5%
Small Cap 18 $55M 32.9%
Micro Cap 2 $3M 1.6%

Portfolio Analytics

Avg Market Cap
$2.5B
Median Market Cap
$2.3B
Avg P/E
29.9
Median P/E
18.7
Avg Dividend Yield
0.01%
Avg Beta
0.92
# Stocks
41
# ETFs / Funds
0

Top Holdings (41 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 PHIN 4.58% 171,300 $8M $44.49 $17K -7,900 -4.4%
2 AX 4.54% 99,350 $8M $76.03 $841K -4,700 -4.5%
3 TPH 4.40% 229,450 $7M $31.95 -$336K -10,700 -4.5%
4 RDN 4.32% 199,700 $7M $36.02 $275K -9,500 -4.5%
5 CVSA 3.77% 49,300 $6M $127.22 $1M -2,300 -4.5%
6 CNO 3.70% 159,650 $6M $38.58 -$806K -7,600 -4.5%
7 UPWK 3.64% 451,000 $6M $13.44 -$97K -20,900 -4.4%
8 PBH 3.50% 72,950 $6M $79.85 -$739K -3,400 -4.5%
9 ZI 3.47% 571,000 $6M $10.12 +571,000 NEW
10 PINC 3.36% 255,350 $6M $21.93 $444K -12,000 -4.5%
11 ATKR 3.28% 77,350 $5M $70.59 $610K -3,500 -4.3%
12 CNXC 3.24% 102,050 $5M $52.85 -$557K -4,900 -4.6%
13 MRC 3.15% 382,950 $5M $13.71 $648K -17,900 -4.5%
14 MDU 3.10% 309,600 $5M $16.67 -$323K -14,700 -4.5%
15 BHF 3.05% 94,500 $5M $53.77 -$649K -4,300 -4.3%
16 THC 3.02% 28,575 $5M $175.99 $997K -1,400 -4.7%
17 NATL 2.81% 163,850 $5M $28.53 $145K -7,800 -4.5%
18 DNB 2.66% 486,900 $4M $9.10 -$126K -22,600 -4.4%
19 BLKB 2.46% 63,650 $4M $64.26 -$45K -3,000 -4.5%
20 PLAB 2.37% 209,150 $4M $18.83 -$612K -10,000 -4.6%
21 PGNY 2.36% 178,650 $4M $22.00 -$250K -8,500 -4.5%
22 XHR 2.32% 307,750 $4M $12.57 $81K -14,300 -4.4%
23 DRVN 2.30% 218,100 $4M $17.56 -$88K -10,500 -4.6%
24 ADEA 2.26% 265,913 $4M $14.14 $83K -12,200 -4.4%
25 PFBC 2.16% 41,450 $4M $86.54 -$49K -2,000 -4.6%
26 BBT 2.12% 140,950 $4M $25.04 -$325K -6,800 -4.6%
27 THS 1.92% 164,650 $3M $19.42 -$1M -7,800 -4.5%
28 MATW 1.72% 120,000 $3M $23.91 +120,000 NEW
29 EPC 1.72% 122,200 $3M $23.40 -$1M -5,700 -4.5%
30 KOP 1.68% 86,750 $3M $32.15 $254K -3,800 -4.2%
31 SAIC 1.54% 22,750 $3M $112.57 -$117K -1,100 -4.6%
32 AAMI 1.38% 65,381 $2M $35.24 $539K -2,900 -4.2%
33 CCRN 1.37% 174,300 $2M $13.05 -$443K -8,200 -4.5%
34 SBSI 1.27% 71,900 $2M $29.43 -$59K -3,200 -4.3%
35 TMST 1.26% 136,000 $2M $15.40 $193K -6,400 -4.5%
36 AVNS 1.08% 146,050 $2M $12.26 -$401K -6,900 -4.5%
37 RNGR 1.04% 144,400 $2M $11.94 -$430K -7,400 -4.9%
38 HDSN 1.02% 208,850 $2M $8.12 $346K -9,800 -4.5%
39 FORR 0.57% 95,100 $941K $9.89 $19K -4,700 -4.7%
40 RLGT 0.48% 132,699 $806K $6.07 -$50K -6,600 -4.7%
41 SHLS —% -$3M -851,200 -100.0% SOLD

New Positions

SymbolValue% Port
ZI $6M 3.47%
MATW $3M 1.72%

Sold Out Positions

SymbolValue% Port
SHLS —%
View SEC EDGAR Filings for KESTREL INVESTMENT MANAGEMENT CORP →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms