Kestrel Investment Management’s Sally Beauty Holdings SBH Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2018 Q3	–	Sell	-451,950	Closed	-$7.25M	–	45
2018 Q2	$7.25M	Sell	451,950 -13,500	-3%	-$216K	2.65%	18
2018 Q1	$7.66M	Sell	465,450 -10,900	-2%	-$179K	2.89%	14
2017 Q4	$8.94M	Buy	+476,350	New	+$8.94M	3.11%	13