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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 (2016Q4)
Portfolio Summary: 56 holdings with a total value of $582,724,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 QAD INC 972 25,000 0.00%
2 TWIN DISC INC 15,386 225,000 0.04%
3 POWELL INDS INC COM 21,503 839,000 0.14%
4 PATRIOT TRANSN HLDG INC COM 43,251 948,000 0.16%
5 KEY TECHNOLOGY INC 91,941 1,063,000 0.18%
6 Bofi Holding Inc 50,771 2,063,000 0.35%
7 GLOBAL POWER EQUIPMENT GRP I 506,433 2,390,000 0.41%
8 CPI AEROSTRUCTURES INC COM NEW 348,560 3,224,000 0.55%
9 NORTHERN TECH INTL CORP 283,206 3,894,000 0.67%
10 HORIZON GLOBAL CORPORATION 201,841 4,844,000 0.83%
11 COLUMBUS MCKINNON CORP N Y COM 192,836 5,214,000 0.89%
12 STONERIDGE INC COM 304,739 5,391,000 0.93%
13 LMI Aerospace, Inc. 696,593 6,005,000 1.03%
14 CECO ENVIRONMENTAL CORP 432,334 6,031,000 1.03%
15 WILLIS LEASE FINANCE CORP COM 245,402 6,277,000 1.08%
16 THERMON GROUP HLDGS INC COM 366,514 6,997,000 1.20%
17 DESTINATION XL GROUP INC COM 1,681,939 7,148,000 1.23%
18 TITAN MACHY INC COM 519,750 7,573,000 1.30%
19 ASTRONOVA INC 551,836 7,864,000 1.35%
20 TEAM INC COM NEW 201,196 7,897,000 1.36%
21 HILL INTERNATIONAL INC 1,850,238 8,049,000 1.38%
22 MARINEMAX INC COM 419,073 8,109,000 1.39%
23 HomeTrust Bancshares, Inc. 315,458 8,170,000 1.40%
24 LIBERTY TAX INC 676,407 9,064,000 1.56%
25 HOUSTON WIRE CABLE CO 1,457,811 9,476,000 1.63%
26 CONTAINER STORE GROUP INC 1,496,881 9,505,000 1.63%
27 FRP HLDGS INC COM 255,307 9,625,000 1.65%
28 MANITEX INTL INC COM 1,409,041 9,666,000 1.66%
29 FIRST CONN BANCORP INC MD 428,640 9,709,000 1.67%
30 DMC GLOBAL INC 613,850 9,730,000 1.67%
31 QAD Inc 320,283 9,737,000 1.67%
32 Arctic Cat, Inc. 651,928 9,792,000 1.68%
33 Libbey Inc Com 518,683 10,094,000 1.73%
34 Casella Waste SYS 819,148 10,166,000 1.74%
35 HEADWATERS INC COM 433,568 10,198,000 1.75%
36 UNITED STATES LIME & MINERAL 135,340 10,252,000 1.76%
37 SEAWORLD ENTERTAINMENT INCORPORATED 544,624 10,310,000 1.77%
38 GRANITE CONSTR INC 200,023 11,001,000 1.89%
39 CHEFS WHSE INC COM 702,208 11,095,000 1.90%
40 CENTRAL GARDEN & PET CO 365,616 11,298,000 1.94%
41 ASHFORD HOSPITALITY TR INC 1,488,030 11,547,000 1.98%
42 UMH PPTYS INC 777,527 11,702,000 2.01%
43 SCHNITZER STL INDS 540,927 13,902,000 2.39%
44 REGIS CORP MINN COM 1,032,702 14,995,000 2.57%
45 LAYNE CHRISTENSEN CO 1,470,268 15,982,000 2.74%
46 INNERWORKINGS INC 1,642,598 16,180,000 2.78%
47 TIVITY HEALTH INC COM 888,233 20,207,000 3.47%
48 NCI BLDG SYS INC 1,309,850 20,499,000 3.52%
49 HAEMONETICS CORP MASS COM 513,619 20,647,000 3.54%
50 TOPBUILD CORP 580,388 20,662,000 3.55%
Page 1 of 2

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001144969-17-000004, filed 2017.02.14).

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.