KESTREL INVESTMENT MANAGEMENT CORP
Registered adviserRegulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
| Rosters | Regulatory AUM | Main clients |
|---|---|---|
| Apr 2026 to Oct 2026 | $179,964,874 | Diversified |
| Apr 2025 to Mar 2026 | $185,641,031 | Diversified |
| Apr 2024 to Mar 2025 | $152,961,262 | Diversified |
| May 2023 to Mar 2024 | $177,954,505 | Diversified |
| Apr 2023 | $177,954,505 | Diversified |
| Apr 2022 to Mar 2023 | $226,056,369 | Diversified |
Portfolio style
Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.
Closest benchmark: the S&P SmallCap 600 as of 2026-06-30, active share 97.6%; sector active share 29.1% against the combined 13F book's sector weights.
Over time 26 measured quarters
How the bands are measured
Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.
Clone Performance
Build a hypothetical price-return history from this filer's public 13F holdings.
View clone backtestPortfolio Concentration
40 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026Portfolio Trend
Sector Breakdown
As of Jun 30, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 22.2% | $40,825,334 |
| Financial Services | 20.2% | $37,025,452 |
| Healthcare | 15.5% | $28,405,061 |
| Consumer Cyclical | 11.0% | $20,201,731 |
| Basic Materials | 10.3% | $18,849,995 |
| Industrials | 5.8% | $10,726,119 |
| Consumer Defensive | 5.1% | $9,323,322 |
| Communication Services | 3.8% | $6,964,785 |
| Real Estate | 3.3% | $5,999,074 |
| Energy | 2.9% | $5,359,204 |
Last Quarter's Activity
Export CSVSold Out
Positions the filer fully exited| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| — | 220,050 | $10,282,937 | ||
| AAMI | Acadian Asset Management Inc. | 62,381 | $3,394,774 | |
| No positions match the current search. | ||||
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| PHIN |
Phinia Inc.
Consumer Cyclical
|
Reduced | 163,500 | $13,467,495 | 7.33% | |
| AX |
Axos Financial, Inc.
Financial Services
|
Held | 95,150 | $9,266,658 | 5.04% | |
| CNO |
CNO Financial Group, Inc.
Financial Services
|
Held | 153,250 | $7,812,685 | 4.25% | |
| NSIT |
Insight Enterprises Inc
Technology
|
Held | 63,750 | $7,764,750 | 4.23% | |
| HAE |
Haemonetics Corp
Healthcare
|
Held | 97,400 | $7,305,000 | 3.98% | |
| ITGR |
Integer Holdings Corp
Healthcare
|
Held | 75,150 | $7,022,767 | 3.82% | |
| NATL |
NCR Atleos Corp
Technology
|
Held | 156,850 | $6,808,858 | 3.71% | |
| TRS |
Trimas Corp
Consumer Cyclical
|
Held | 149,550 | $6,734,236 | 3.67% | |
| PLAB |
Photronics Inc
Technology
|
Held | 200,450 | $6,520,638 | 3.55% | |
| SMG |
Scotts Miracle-Gro Co
Basic Materials
|
Added | 95,050 | $6,473,855 | 3.52% | |
| XHR |
Xenia Hotels & Resorts, Inc.
Real Estate
|
Held | 294,650 | $5,999,074 | 3.27% | |
| CVSA |
Covista Inc.
Consumer Defensive
|
Held | 47,300 | $5,896,418 | 3.21% | |
| BHF |
Brighthouse Financial, Inc.
Financial Services
|
Held | 90,400 | $5,722,320 | 3.12% | |
| ATKR |
Atkore Inc.
Industrials
|
Held | 74,150 | $5,638,366 | 3.07% | |
| QCRH |
Qcr Holdings Inc
Financial Services
|
Held | 55,650 | $5,417,527 | 2.95% | |
| VTOL |
Bristow Group Inc.
Energy
|
Held | 129,700 | $5,359,204 | 2.92% | |
| WEX |
WEX Inc.
Technology
|
NEW | 36,900 | $5,206,221 | 2.83% | |
| THC |
Tenet Healthcare Corp
Healthcare
|
Held | 27,175 | $5,083,899 | 2.77% | |
| ECVT |
Ecovyst Inc.
Basic Materials
|
Held | 405,400 | $5,047,230 | 2.75% | |
| EXLS |
ExlService Holdings, Inc.
Technology
|
Added | 171,900 | $4,445,334 | 2.42% | |
| PFBC |
Preferred Bank
Financial Services
|
Held | 39,750 | $4,223,835 | 2.30% | |
| KOP |
Koppers Holdings Inc.
Basic Materials
|
Held | 83,450 | $3,746,905 | 2.04% | |
| UPWK |
Upwork, Inc
Communication Services
|
Held | 433,000 | $3,619,880 | 1.97% | |
|
|
Held | 139,850 | $3,479,468 | 1.89% | ||
| SMPL |
Simply Good Foods Co
Consumer Defensive
|
Held | 258,050 | $3,426,904 | 1.87% | |
| CARS |
Cars.com Inc.
Communication Services
|
Held | 305,750 | $3,344,905 | 1.82% | |
| PBH |
Prestige Consumer Healthcare Inc.
Healthcare
|
Reduced | 69,950 | $3,306,536 | 1.80% | |
| MATW |
Matthews International Corp
Industrials
|
Reduced | 115,500 | $3,109,260 | 1.69% | |
| SAIC |
Science Applications International Corp
Technology
|
Held | 22,150 | $2,445,581 | 1.33% | |
| MTUS |
Metallus Inc.
Basic Materials
|
Held | 130,000 | $2,429,700 | 1.32% | |
| SBSI |
Southside Bancshares Inc
Financial Services
|
Held | 69,000 | $2,428,110 | 1.32% | |
|
|
Held | 167,100 | $2,207,391 | 1.20% | ||
| CNXC |
Concentrix Corp
Technology
|
Held | 97,750 | $2,190,088 | 1.19% | |
| SLM |
SLM Corp
Financial Services
|
NEW | 83,050 | $2,154,317 | 1.17% | |
| RAMP |
LiveRamp Holdings, Inc.
Technology
|
NEW | 54,000 | $2,032,560 | 1.11% | |
| BLKB |
Blackbaud Inc
Technology
|
Held | 61,050 | $1,808,301 | 0.98% | |
| GTM |
ZoomInfo Technologies Inc.
Technology
|
Held | 547,100 | $1,603,003 | 0.87% | |
| RLGT |
Radiant Logistics, Inc
Industrials
|
Held | 127,799 | $1,208,978 | 0.66% | |
| HDSN |
Hudson Technologies Inc
Basic Materials
|
Held | 200,750 | $1,152,305 | 0.63% | |
| FORR |
Forrester Research, Inc.
Industrials
|
Held | 91,500 | $769,515 | 0.42% |
Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.