Arkolith/Funds/Kestrel Investment Management Corp

Kestrel Investment Management Corp

CIK 917579
Holdings as of Jun 30, 2026·disclosed Aug 4, 2026·~35-day 13F lag·13F-HR
Active Filer

Kestrel Investment Management Corp holds a diversified book of 40 stocks worth $183.7M as of Q2 2026 (disclosed Aug 4, 2026, a ~35-day 13F lag). This quarter they opened Wex Inc and trimmed Phinia Inc. Their largest long position is Phinia Inc at 7% of the equity book. Cloning the disclosed picks since 2024 would be +15% (+8.3%/yr). That is a simulation of the disclosed long book, not audited returns.

Opened
26
bought for the first time
Added to
2
already held, bought more
Sold out
2
exited the position entirely

Growth of $10,000: cloning the disclosed book

If you'd copied them
+15.0%
+8.3%/yr · since Nov '24
Their reported book
+28.1%
held from quarter-end
S&P 500
+31.4%
same window
$8K$9K$11K$12K$13KNov '24Mar '25Jul '25Nov '25Apr '26Aug '26
Kestrel Investment Management Corp (copied at disclosure) S&P 500

The reported book (valued from quarter-end) returned +28.1%, a 13.1-point gap that is the cost of the ~35-day 13F disclosure lag a real follower can't avoid.

Growth of $10,000 cloning Kestrel Investment Management Corp's disclosed long 13F book, rebalanced on each filing date (so it reflects each quarter's actual reporting lag, ~35 days for the latest filing, with no look-ahead), total-return basis (dividends reinvested), derived from end-of-day prices. “Their reported book” values the same picks from quarter-end, before they were public. S&P 500 is SPY total return over the same window. Excludes shorts, cash, options and non-13F holdings. Not investment advice.

Concentration

Top-heavy: diversified book

Top 5 holdings
25%
Top 10 holdings
43%
Top 20 holdings
72%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Direct sector allocation

98% mapped to company sectors

Information Technology
18%
Consumer Discretionary
18%
Financials
18%
Industrials
16%
Health Care
14%
Materials
11%
ETF / fund or unclassified
2%
Consumer Staples
2%

Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices, no cost basis

Bought
Trimmed / exited

Funds with the most overlap

Other tracked managers holding the same core names as Kestrel Investment Management Corp

Manager / fundShared namesTheir $ in those
BlackRock, Inc.59 / 40$16.7B
VANGUARD PORTFOLIO MANAGEMENT LLC59 / 40$7.2B
VANGUARD CAPITAL MANAGEMENT LLC59 / 40$5.9B
DIMENSIONAL FUND ADVISORS LP59 / 40$5.0B
FMR LLC59 / 40$4.6B
GEODE CAPITAL MANAGEMENT, LLC59 / 40$3.3B
MORGAN STANLEY59 / 40$2.5B
PRICE T ROWE ASSOCIATES INC /MD/59 / 40$2.2B

Ranked by how many of Kestrel Investment Management Corp's top 40 disclosed names each fund also holds: a cross-fund conviction signal from the latest 13F of every tracked manager.

Holdings: largest first

Bars show each stock's share of the portfolio. Click a row for its position history.

40 positions
#SecurityValueShares% PortLast moveHistory
1Phinia Inc
COM
$13.5M163.5K
7.3%
−0.1%
Reduced · −100 sh
2Axos Financial Inc
COM
$9.3M95.2K
5.0%
Held
3CNO Financial Group Inc
COM
$7.8M153.3K
4.3%
Held
4Insight Enterprises Inc
COM
$7.8M63.8K
4.2%
Held
5Haemonetics Corp
COM
$7.3M97.4K
4.0%
Held
6Integer Holdings Corp
COM
$7.0M75.2K
3.8%
Held
7NCR Atleos Corp
COM
$6.8M156.8K
3.7%
Held
8TriMas Corp
COM
$6.7M149.6K
3.7%
Held
9Photronics Inc
COM
$6.5M200.4K
3.5%
Held
10The Scotts Miracle-Gro Co
COM
$6.5M95.0K
3.5%
+142%
Added · +56K sh
11Xenia Hotels and Resorts
COM
$6.0M294.6K
3.3%
Held
12Covista Inc
COM
$5.9M47.3K
3.2%
Held
13Brighthouse Financial Inc
COM
$5.7M90.4K
3.1%
Held
14Atkore Inc
COM
$5.6M74.2K
3.1%
Held
15QCR Holdings Inc
COM
$5.4M55.6K
2.9%
Held
16Bristow Group Inc
COM
$5.4M129.7K
2.9%
Held
17WEX Inc
COM
$5.2M36.9K
2.8%
New
New position
18Tenet Healthcare Corp
COM
$5.1M27.2K
2.8%
Held
19Ecovyst Inc
COM
$5.0M405.4K
2.7%
Held
20ExlService Holdings Inc
COM
$4.4M171.9K
2.4%
+99%
Added · +85K sh
21Preferred Bank
COM
$4.2M39.8K
2.3%
Held
22Koppers Holdings Inc
COM
$3.7M83.5K
2.0%
Held
23Upwork Inc
COM
$3.6M433.0K
2.0%
Held
24Avanos Medical Inc
COM
$3.5M139.8K
1.9%
Held
25The Simply Good Foods Co
COM
$3.4M258.1K
1.9%
Held
26Cars.com Inc
COM
$3.3M305.8K
1.8%
Held
27Prestige Consumer Healthcare I
COM
$3.3M70.0K
1.8%
−0.1%
Reduced · −100 sh
28Matthews International Corp
COM
$3.1M115.5K
1.7%
−0.3%
Reduced · −400 sh
29Science App Intl Corp
COM
$2.4M22.1K
1.3%
Held
30Metallus Inc
COM
$2.4M130.0K
1.3%
Held
31Southside Bancshares Inc
COM
$2.4M69.0K
1.3%
Held
32Cross Country Healthcare Inc
COM
$2.2M167.1K
1.2%
Held
33Concentrix Corp
COM
$2.2M97.8K
1.2%
Held
34SLM Corp
COM
$2.2M83.0K
1.2%
New
New position
35LiveRamp Holdings Inc
COM
$2.0M54.0K
1.1%
New
New position
36Blackbaud Inc
COM
$1.8M61.0K
1.0%
Held
37ZoomInfo Technologies Inc
COM
$1.6M547.1K
0.9%
Held
38Radiant Logistics Inc
COM
$1.2M127.8K
0.7%
Held
39Hudson Technologies Inc
COM
$1.2M200.8K
0.6%
Held
40Forrester Research Inc
COM
$770K91.5K
0.4%
Held
Showing all 40 positions
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Filing history

As-of date vs the date the SEC received each filing

QuarterAs ofFiledPositionsValueForm
Q2 2026Jun 30, 2026Aug 4, 202640$183.7M13F-HR
Q1 2026Mar 31, 2026May 5, 202639$167.5M13F-HR
Q4 2025Dec 31, 2025Feb 3, 202640$176.4M13F-HR
Q3 2025Sep 30, 2025Nov 12, 202540$177.4M13F-HR
Q2 2025Jun 30, 2025Jul 31, 202541$167.0M13F-HR
Q1 2025Mar 31, 2025May 8, 202540$163.7M13F-HR
Q4 2024Dec 31, 2024Feb 12, 202540$181.2M13F-HR
Q3 2024Sep 30, 2024Nov 12, 202440$173.7M13F-HR

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly, filed up to 45 days after quarter-end. Public domain. The book and weighting are long equity only; disclosed put/call options are listed separately and excluded from those totals. The performance line is a simulation of the disclosed long book, not an audited return.