0000917579-12-000008.txt : 20121113
0000917579-12-000008.hdr.sgml : 20121112
20121113113239
ACCESSION NUMBER: 0000917579-12-000008
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120930
FILED AS OF DATE: 20121113
DATE AS OF CHANGE: 20121113
EFFECTIVENESS DATE: 20121113
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: KESTREL INVESTMENT MANAGEMENT CORP
CENTRAL INDEX KEY: 0000917579
IRS NUMBER: 943173193
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-04060
FILM NUMBER: 121196987
BUSINESS ADDRESS:
STREET 1: 411 BOREL AVE
STREET 2: SUITE 403
CITY: SAN MATEO
STATE: CA
ZIP: 94402
BUSINESS PHONE: 6505729469
MAIL ADDRESS:
STREET 1: 411 BOREL AVE
STREET 2: SUITE 403
CITY: SAN MATEO
STATE: CA
ZIP: 94402
13F-HR
1
q3-2012f.txt
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 2012
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Kestrel Investment Management Corporation
Address: 411 Borel Avenue
Suite 403
San Mateo, CA 94402
13F File Number: 28-4060
The institutional investment manager filing this report and the
person by whom it is signed hereby represent that the person
signing the report is authorized to submit it, that all
information contained herein is true, correct and complete, and
that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of
this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: David J. Steirman
Title: President
Phone: 650-572-9450
Signature, Place, and Date of Signing:
David J. Steirman San Mateo CA November 12, 2012
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934.
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 49
Form 13F Information Table Value Total: $747,023
List of Other Included Managers:
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
Ameristar Casinos 03070Q101 11696 657100 SH Sole 639300 17800
Arris Group Inc 04269Q100 21432 1675700 SH Sole 1626100 49600
Bally Technologies Inc 05874B107 24411 494250 SH Sole 481350 12900
Basic Energy Services 06985P100 11597 1033600 SH Sole 1002600 31000
Black Box Corp 091826107 8787 344350 SH Sole 334350 10000
Brinker International 109641100 35095 994200 SH Sole 966000 28200
Bristow Group 110394103 21191 419200 SH Sole 406700 12500
Broadridge Financial 11133T103 26491 1135500 SH Sole 1109600 25900
CACI International 127190304 17585 339550 SH Sole 330050 9500
CareFusion Corp 14170T101 10362 365000 SH Sole 365000
Covance Inc 222816100 9805 210000 SH Sole 210000
Cumberland Pharmaceut 230770109 4250 657939 SH Sole 624939 33000
DeVry, Inc 251893103 12063 530000 SH Sole 530000
EPL Oil & Gas, Inc 26883D108 16387 807650 SH Sole 783850 23800
Engility Holdings 29285W104 10456 566716 SH Sole 550216 16500
FMC Corp 302491303 49388 891800 SH Sole 867000 24800
First American Financial 31847R102 23998 1107450 SH Sole 1076150 31300
GameStopCorp 36467W109 10290 490000 SH Sole 490000
HCC Insurance Holdings 404132102 23157 683300 SH Sole 664700 18600
Haemonetics Corp 405024100 21405 266900 SH Sole 259300 7600
Harte-Hanks Inc 416196103 9582 1382750 SH Sole 1343350 39400
Hecla Mining 422704106 26824 4095250 SH Sole 3974450 120800
Horace Mann Educatrs 440327104 13455 742950 SH Sole 720750 22200
Huntington Ingalls Ind 446413106 21090 501550 SH Sole 487650 13900
Imation Corp 45245A107 4570 817600 SH Sole 795500 22100
L-3 Communications 502424104 9322 130000 SH Sole 130000
Landec Corp 514766104 1546 135000 SH Sole 127900 7100
Legg Mason Inc 524901105 7651 310000 SH Sole 310000
LifePoint Hospitals 53219L109 23465 548500 SH Sole 533400 15100
Lorillard Inc 544147101 11645 100000 SH Sole 100000
Lumos Networks 550283105 2265 288225 SH Sole 280275 7950
Magellan Health Svcs 559079207 23921 463500 SH Sole 450400 13100
Matthews International 577128101 9407 315450 SH Sole 306650 8800
Monster Worldwide Inc 611742107 17581 2398450 SH Sole 2320650 77800
NCR Corp 62886E108 30459 1306700 SH Sole 1275800 30900
NTELOS Holdings 67020Q305 4975 286425 SH Sole 278475 7950
Navigators Group 638904102 9589 194800 SH Sole 189600 5200
Oplink Communications 68375Q403 12293 743250 SH Sole 721050 22200
Owens Corning 690742101 10205 305000 SH Sole 305000
Post Holdings 737446104 12914 429600 SH Sole 413100 16500
Questar Corp 748356102 23011 1131850 SH Sole 1099650 32200
Schweitzer-Mauduit Intl 808541106 13440 407400 SH Sole 395800 11600
SkyWest Inc 830879102 4111 398000 SH Sole 387100 10900
Symmetricom Inc 871543104 4968 712750 SH Sole 677650 35100
Tech Data 878237106 17191 379900 SH Sole 369000 10900
Vascular Solutions 92231M109 4394 296900 SH Sole 282800 14100
Websense Inc 947684106 10838 692550 SH Sole 673050 19500
World Acceptance 981419104 29118 431700 SH Sole 420000 11700
eHealth Inc 28238P109 7343 391200 SH Sole 379900 11300