2026 Q2 Portfolio Activity
In 2026 Q2, KESTREL INVESTMENT MANAGEMENT CORP maintained a portfolio of 42 distinct positions. The most significant new addition was WEX Inc, now representing 2.83% of the total fund value. They heavily accumulated shares in The Scotts Miracle-Gro Co, increasing the position by 141.9%. Conversely, KESTREL INVESTMENT MANAGEMENT CORP completely exited their position in Tri Pointe Homes Inc.
Position History
hover any row below to update
Loading…
Total Positions
42
Quarter
2026 Q2
Top Holding
PHIN (7.3%)
Top 10 Concentration
43.1%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-42 of 42
KESTREL INVESTMENT MANAGEMENT CORP Full Holdings List — 2026 Q2
| Stock | History | Sector / Type | Port % | Prev % | Rank / Prev | Conviction | Change | % Change | Influence | Shares | Mkt Value | Avg Cost | Price Held | 1st Owned | Source | Source Date | Date Reported | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
PHIN
PHINIA Inc
|
Consumer Cyclical | 7.33% | 6.69% |
#1
Prev: #1
|
5.4 |
—
|
-100 | -0.1% |
P
S
|
163,500 | $13,467,495 | 2023 Q3 | 13F Filing | 2026-06-30 | 2026-08-04 | |||
|
AX
Axos Financial ...
|
Financial Services | 5.04% | 4.83% |
#2
2
Prev: #4
|
4.5 |
—
|
no change | no change |
P
S
|
95,150 | $9,266,659 | 2023 Q2 | 13F Filing | 2026-06-30 | 2026-08-04 | |||
|
CNO
CNO Financial G...
|
Financial Services | 4.25% | 3.76% |
#3
4
Prev: #7
|
3.7 |
—
|
no change | no change |
P
S
|
153,250 | $7,812,685 | 2015 Q1 | 13F Filing | 2026-06-30 | 2026-08-04 | |||
|
NSIT
Insight Enterpr...
|
Technology | 4.23% | 2.55% |
#4
15
Prev: #19
|
3.2 |
—
|
no change | no change |
P
S
|
63,750 | $7,764,750 | 2026 Q1 | 13F Filing | 2026-06-30 | 2026-08-04 | |||
|
HAE
Haemonetics Cor...
|
Healthcare | 3.98% | 3.28% |
#5
4
Prev: #9
|
3.1 |
—
|
no change | no change |
P
S
|
97,400 | $7,305,000 | 2002 Q4 | 13F Filing | 2026-06-30 | 2026-08-04 | |||
|
ITGR
Integer Holding...
|
Healthcare | 3.82% | 3.95% |
#6
Prev: #6
|
2.5 |
—
|
no change | no change |
P
S
|
75,150 | $7,022,768 | 2025 Q4 | 13F Filing | 2026-06-30 | 2026-08-04 | |||
|
NATL
NCR Atleos Corp
|
Technology | 3.71% | 4.08% |
#7
2
Prev: #5
|
2.5 |
—
|
no change | no change |
P
S
|
156,850 | $6,808,859 | 2023 Q4 | 13F Filing | 2026-06-30 | 2026-08-04 | |||
|
TRS
TriMas Corp
|
Consumer Cyclical | 3.67% | 3.21% |
#8
4
Prev: #12
|
2.5 |
—
|
no change | no change |
P
S
|
149,550 | $6,734,237 | 2026 Q1 | 13F Filing | 2026-06-30 | 2026-08-04 | |||
|
PLAB
Photronics Inc
|
Technology | 3.55% | 4.84% |
#9
6
Prev: #3
|
2.4 |
—
|
no change | no change |
P
S
|
200,450 | $6,520,639 | 2024 Q4 | 13F Filing | 2026-06-30 | 2026-08-04 | |||
|
SMG
The Scotts Mira...
|
Basic Materials | 3.52% | 1.43% |
#10
20
Prev: #30
|
4.4 |
—
|
55,750 | 141.9% |
P
S
|
95,050 | $6,473,856 | 2026 Q1 | 13F Filing | 2026-06-30 | 2026-08-04 | |||
|
XHR
Xenia Hotels an...
|
Real Estate | 3.27% | 2.61% |
#11
6
Prev: #17
|
2.3 |
—
|
no change | no change |
P
S
|
294,650 | $5,999,074 | 2015 Q1 | 13F Filing | 2026-06-30 | 2026-08-04 | |||
|
ATGE
Covista Inc
|
Consumer Defensive | 3.21% | 3.26% |
#12
2
Prev: #10
|
2.3 |
—
|
no change | no change |
P
S
|
47,300 | $5,896,418 | 2022 Q2 | 13F Filing | 2026-06-30 | 2026-08-04 | |||
|
BHF
Brighthouse Fin...
|
Financial Services | 3.12% | 3.23% |
#13
2
Prev: #11
|
2.2 |
—
|
no change | no change |
P
S
|
90,400 | $5,722,320 | 2021 Q1 | 13F Filing | 2026-06-30 | 2026-08-04 | |||
|
ATKR
Atkore Inc
|
Industrials | 3.07% | 2.61% |
#14
4
Prev: #18
|
2.2 |
—
|
no change | no change |
P
S
|
74,150 | $5,638,366 | 2025 Q1 | 13F Filing | 2026-06-30 | 2026-08-04 | |||
|
QCRH
QCR Holdings In...
|
Financial Services | 2.95% | 2.84% |
#15
Prev: #15
|
2.2 |
—
|
no change | no change |
P
S
|
55,650 | $5,417,528 | 2025 Q4 | 13F Filing | 2026-06-30 | 2026-08-04 | |||
|
VTOL
Bristow Group I...
|
Energy | 2.92% | 3.63% |
#16
8
Prev: #8
|
2.2 |
—
|
no change | no change |
P
S
|
129,700 | $5,359,204 | 2025 Q3 | 13F Filing | 2026-06-30 | 2026-08-04 | |||
|
WEX
WEX Inc
|
Technology | 2.83% | — |
#17
Prev: #—
|
4.6 |
—
|
36,900 | — |
NEW
|
36,900 | $5,206,221 | 2026 Q2 | 13F Filing | 2026-06-30 | 2026-08-04 | |||
|
THC
Tenet Healthcar...
|
Healthcare | 2.77% | 3.06% |
#18
4
Prev: #14
|
2.1 |
—
|
no change | no change |
P
S
|
27,175 | $5,083,899 | 2022 Q4 | 13F Filing | 2026-06-30 | 2026-08-04 | |||
|
ECVT
Ecovyst Inc
|
Basic Materials | 2.75% | 3.11% |
#19
6
Prev: #13
|
2.1 |
—
|
no change | no change |
P
S
|
405,400 | $5,047,230 | 2025 Q4 | 13F Filing | 2026-06-30 | 2026-08-04 | |||
|
EXLS
ExlService Hold...
|
Technology | 2.42% | 1.57% |
#20
8
Prev: #28
|
4.0 |
—
|
85,400 | 98.7% |
P
S
|
171,900 | $4,445,334 | 2014 Q1 | 13F Filing | 2026-06-30 | 2026-08-04 | |||
|
PFBC
Preferred Bank
|
Financial Services | 2.30% | 2.15% |
#21
1
Prev: #22
|
1.9 |
—
|
no change | no change |
P
S
|
39,750 | $4,223,835 | 2024 Q1 | 13F Filing | 2026-06-30 | 2026-08-04 | |||
|
KOP
Koppers Holding...
|
Basic Materials | 2.04% | 1.93% |
#22
3
Prev: #25
|
1.8 |
—
|
no change | no change |
P
S
|
83,450 | $3,746,905 | 2021 Q3 | 13F Filing | 2026-06-30 | 2026-08-04 | |||
|
UPWK
Upwork Inc
|
Communication Services | 1.97% | 2.83% |
#23
7
Prev: #16
|
1.8 |
—
|
no change | no change |
P
S
|
433,000 | $3,619,880 | 2024 Q3 | 13F Filing | 2026-06-30 | 2026-08-04 | |||
|
AVNS
Avanos Medical ...
|
Healthcare | 1.89% | 1.17% |
#24
11
Prev: #35
|
1.8 |
—
|
no change | no change |
P
S
|
139,850 | $3,479,468 | 2023 Q4 | 13F Filing | 2026-06-30 | 2026-08-04 | |||
|
SMPL
The Simply Good...
|
Consumer Defensive | 1.87% | 2.21% |
#25
4
Prev: #21
|
1.7 |
—
|
no change | no change |
P
S
|
258,050 | $3,426,904 | 2025 Q4 | 13F Filing | 2026-06-30 | 2026-08-04 | |||
|
CARS
Cars.com Inc
|
Communication Services | 1.82% | 1.48% |
#26
3
Prev: #29
|
1.7 |
—
|
no change | no change |
P
S
|
305,750 | $3,344,905 | 2025 Q4 | 13F Filing | 2026-06-30 | 2026-08-04 | |||
|
PBH
Prestige Consum...
|
Healthcare | 1.80% | 2.48% |
#27
7
Prev: #20
|
1.2 |
—
|
-100 | -0.1% |
P
S
|
69,950 | $3,306,537 | 2018 Q3 | 13F Filing | 2026-06-30 | 2026-08-04 | |||
|
MATW
Matthews Intern...
|
Industrials | 1.69% | 1.79% |
#28
2
Prev: #26
|
1.2 |
—
|
-400 | -0.3% |
P
S
|
115,500 | $3,109,260 | 2010 Q2 | 13F Filing | 2026-06-30 | 2026-08-04 | |||
|
SAIC
Science App Int...
|
Technology | 1.33% | 1.26% |
#29
5
Prev: #34
|
1.5 |
—
|
no change | no change |
P
S
|
22,150 | $2,445,582 | 2022 Q3 | 13F Filing | 2026-06-30 | 2026-08-04 | |||
|
MTUS
Metallus Inc
|
Basic Materials | 1.32% | 1.27% |
#30
3
Prev: #33
|
1.5 |
—
|
no change | no change |
P
S
|
130,000 | $2,429,700 | 2024 Q2 | 13F Filing | 2026-06-30 | 2026-08-04 | |||
|
SBSI
Southside Bancs...
|
Financial Services | 1.32% | 1.28% |
#31
1
Prev: #32
|
1.5 |
—
|
no change | no change |
P
S
|
69,000 | $2,428,110 | 2023 Q1 | 13F Filing | 2026-06-30 | 2026-08-04 | |||
|
CCRN
Cross Country H...
|
Healthcare | 1.20% | 0.94% |
#32
4
Prev: #36
|
1.5 |
—
|
no change | no change |
P
S
|
167,100 | $2,207,391 | 2023 Q3 | 13F Filing | 2026-06-30 | 2026-08-04 | |||
|
CNXC
Concentrix Corp
|
Technology | 1.19% | 1.60% |
#33
6
Prev: #27
|
1.5 |
—
|
no change | no change |
P
S
|
97,750 | $2,190,089 | 2025 Q1 | 13F Filing | 2026-06-30 | 2026-08-04 | |||
|
SLM
SLM Corp
|
Financial Services | 1.17% | — |
#34
Prev: #—
|
4.0 |
—
|
83,050 | — |
NEW
|
83,050 | $2,154,317 | 2014 Q3 | 13F Filing | 2026-06-30 | 2026-08-04 | |||
|
RAMP
LiveRamp Holdin...
|
Technology | 1.11% | — |
#35
Prev: #—
|
3.9 |
—
|
54,000 | — |
NEW
|
54,000 | $2,032,560 | 2026 Q2 | 13F Filing | 2026-06-30 | 2026-08-04 | |||
|
BLKB
Blackbaud Inc
|
Technology | 0.98% | 1.41% |
#36
5
Prev: #31
|
1.4 |
—
|
no change | no change |
P
S
|
61,050 | $1,808,301 | 2024 Q2 | 13F Filing | 2026-06-30 | 2026-08-04 | |||
|
GTM
ZoomInfo Techno...
|
Technology | 0.87% | 1.95% |
#37
13
Prev: #24
|
1.3 |
—
|
no change | no change |
P
S
|
547,100 | $1,603,003 | 2025 Q2 | 13F Filing | 2026-06-30 | 2026-08-04 | |||
|
RLGT
Radiant Logisti...
|
Industrials | 0.66% | 0.54% |
#38
Prev: #38
|
1.3 |
—
|
no change | no change |
P
S
|
127,799 | $1,208,979 | 2018 Q2 | 13F Filing | 2026-06-30 | 2026-08-04 | |||
|
HDSN
Hudson Technolo...
|
Basic Materials | 0.63% | 0.70% |
#39
2
Prev: #37
|
1.3 |
—
|
no change | no change |
P
S
|
200,750 | $1,152,305 | 2024 Q3 | 13F Filing | 2026-06-30 | 2026-08-04 | |||
|
FORR
Forrester Resea...
|
Industrials | 0.42% | 0.31% |
#40
1
Prev: #39
|
1.2 |
—
|
no change | no change |
P
S
|
91,500 | $769,515 | 2024 Q3 | 13F Filing | 2026-06-30 | 2026-08-04 | |||
|
AAMI
Acadian Asset M...
|
Financial Services | 0.00% | 2.03% |
Sold All 😨
(Was: #23) |
0.0 |
—
|
-62,381 | -100.0% |
CLOSED
|
— | $— | 2020 Q3 | 13F Filing | 2026-06-30 | 2026-08-04 | |||
|
TPH
Tri Pointe Home...
|
Consumer Cyclical | 0.00% | 6.14% |
Sold All 😨
(Was: #2) |
0.0 |
—
|
-220,050 | -100.0% |
CLOSED
|
— | $— | 2022 Q2 | 13F Filing | 2026-06-30 | 2026-08-04 |
Showing 1-42 of 42 holdings