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Institutional Investment Manager
RUTABAGA CAPITAL MANAGEMENT LLC/MA
RUTABAGA CAPITAL MANAGEMENT LLC/MA (CIK: 0001128239) incorporated in Delaware, located at 64 Broad Street, Boston, MA. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q1)
Portfolio Summary: 59 holdings with a total value of $616,712,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 GREENHILL & CO INC COM 1,082,800 23,843,000 3.87%
2 SCHNITZER STL INDS 1,145,544 23,621,000 3.83%
3 NCI BLDG SYS INC 1,595,973 23,525,000 3.81%
4 PLY GEM HLDGS INC COM 1,550,227 22,711,000 3.68%
5 MUELLER WTR PRODS INC 2,067,203 22,222,000 3.60%
6 InnerWorkings Inc 2,640,487 21,573,000 3.50%
7 BLUE NILE INC COM 803,110 20,704,000 3.36%
8 MAIDEN HOLDINGS LTD 1,530,706 18,721,000 3.04%
9 POWELL INDS INC COM 594,450 18,499,000 3.00%
10 Headwaters Inc 899,092 17,991,000 2.92%
11 REGIS CORP MINN COM 1,294,189 17,692,000 2.87%
12 GRANITE CONSTR INC 365,839 16,313,000 2.65%
13 MISTRAS GROUP INC 664,672 16,198,000 2.63%
14 CENTRAL GARDEN & PET CO CL A NON-VTG 940,881 15,327,000 2.49%
15 CENTRAL GARDEN & PET CO COM 937,161 15,248,000 2.47%
16 GREAT LAKES DREDGE & DOCK CO 3,313,771 15,144,000 2.46%
17 LAYNE CHRISTENSEN CO 1,699,459 15,108,000 2.45%
18 Casella Waste SYS 1,948,895 13,954,000 2.26%
19 STONERIDGE INC COM 855,375 12,198,000 1.98%
20 WILLIS LEASE FINANCE CORP COM 502,865 12,159,000 1.97%
21 INVACARE CORP COM 991,948 11,149,000 1.81%
22 HILL INTERNATIONAL INC 2,557,816 10,845,000 1.76%
23 COLUMBUS MCKINNON CORP N Y COM 655,572 10,823,000 1.75%
24 HORIZON GLOBAL CORPORATION 866,178 10,628,000 1.72%
25 ENVIRI CORP COM 1,494,156 10,594,000 1.72%
26 UMH PPTYS INC 1,079,918 10,583,000 1.72%
27 MARINEMAX INC COM 556,564 10,580,000 1.72%
28 ASHFORD HOSPITALITY TR INC COM SHS 1,870,391 10,455,000 1.70%
29 FIRST CONN BANCORP INC MD 605,392 10,431,000 1.69%
30 FRP HLDGS INC COM 284,461 10,377,000 1.68%
31 MANITOWOC INC COM 1,800,000 10,260,000 1.66%
32 UNITED STATES LIME & MINERAL 173,405 9,289,000 1.51%
33 MERCURY SYS INC COM 440,653 9,263,000 1.50%
34 QAD Inc 466,329 9,145,000 1.48%
35 HOUSTON WIRE CABLE CO 1,238,745 9,055,000 1.47%
36 TITAN MACHY INC COM 680,730 8,849,000 1.43%
37 Dynamic Materials 836,632 8,174,000 1.33%
38 HOMETRUST BANCSHARES INC 427,901 7,938,000 1.29%
39 TEAM INC COM NEW 273,781 7,866,000 1.28%
40 TOPBUILD CORP 251,682 7,858,000 1.27%
41 ASTRONOVA INC 497,849 7,144,000 1.16%
42 LMI Aerospace, Inc. 756,824 6,652,000 1.08%
43 NORTHERN TECH INTL CORP 404,674 5,807,000 0.94%
44 COMMERCIAL VEH GROUP INC 2,155,145 5,539,000 0.90%
45 INSTEEL INDUSTRIES 153,202 4,441,000 0.72%
46 Ashford Hospitality Prime, Inc. 395,935 4,431,000 0.72%
47 CPI AEROSTRUCTURES INC COM NEW 575,190 3,969,000 0.64%
48 Libbey Inc Com 207,469 3,859,000 0.63%
49 DESTINATION XL GROUP INC COM 699,663 3,757,000 0.61%
50 CITI TRENDS INC COM 179,974 3,232,000 0.52%
Page 1 of 2

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001144969-16-000093, filed 2016.05.13).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.