KESTREL INVESTMENT MANAGEMENT CORP

CIK

917579

City

SAN MATEO

State / Country

CA

Stock

AX — Axos Financial, Inc.

Top Portfolio Positions

39 positions · $167,465,977 total · as of Mar 31, 2026

Ticker	Company	Shares	Value (USD)	% of Portfolio	Open
PHIN	Phinia Inc. Consumer Cyclical	163,600	$11,196,784	6.69%
TPH	Tri Pointe Homes, Inc. Consumer Cyclical	220,050	$10,282,936	6.14%
PLAB	Photronics Inc Technology	200,450	$8,100,184	4.84%
AX	Axos Financial, Inc. Financial Services	95,150	$8,096,313	4.83%
NATL	NCR Atleos Corp Technology	156,850	$6,835,523	4.08%
ITGR	Integer Holdings Corp Healthcare	75,150	$6,613,200	3.95%
CNO	CNO Financial Group, Inc. Financial Services	153,250	$6,292,445	3.76%
VTOL	Bristow Group Inc. Energy	129,700	$6,081,633	3.63%
HAE	Haemonetics Corp Healthcare	97,400	$5,489,464	3.28%
CVSA	Covista Inc. Consumer Defensive	47,300	$5,451,325	3.26%

Portfolio Trend

25 quarters · across all stocks

Holdings in AX

Compact Export CSV

Shares Held

Position Value (USD)

12 quarters on record

Report Date	Value (USD)	Shares	Change	Type	Discretion	Filed
2026-03-31	$8,096,313	95,150	-1.0%	Shares	Sole	2026-05-05
2025-12-31	$8,284,284	96,150	-3.2%	Shares	Sole	2026-02-03
2025-09-30	$8,409,977	99,350	0.0%	Shares	Sole	2025-11-12
2025-06-30	$7,554,574	99,350	-4.5%	Shares	Sole	2025-07-31
2025-03-31	$6,713,306	104,050	0.0%	Shares	Sole	2025-05-08
2024-12-31	$7,267,892	104,050	0.0%	Shares	Sole	2025-02-12
2024-09-30	$6,542,664	104,050	+5.7%	Shares	Sole	2024-11-12
2024-06-30	$5,626,417	98,450	0.0%	Shares	Sole	2024-08-09
2024-03-31	$5,320,238	98,450	-0.8%	Shares	Sole	2024-05-02
2023-12-31	$5,419,050	99,250	-17.0%	Shares	Sole	2024-01-31
2023-09-30	$4,526,163	119,550	-9.9%	Shares	Sole	2023-11-07
2023-06-30	$5,231,716	132,650	—	Shares	Sole	2023-08-03
No 13F history on record for this holder in this stock.