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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 (2017Q1)
Portfolio Summary: 56 holdings with a total value of $600,330,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 QAD INC 972 23,000 0.00%
2 CPI AEROSTRUCTURES INC COM NEW 52,888 357,000 0.06%
3 PATRIOT TRANSN HLDG INC COM 44,172 994,000 0.17%
4 GLOBAL POWER EQUIPMENT GRP I 516,370 2,298,000 0.38%
5 STONERIDGE INC COM 176,485 3,201,000 0.53%
6 CECO ENVIRONMENTAL CORP 428,884 4,508,000 0.75%
7 PEAK RESORTS INC COM 828,367 4,680,000 0.78%
8 COLUMBUS MCKINNON CORP N Y COM 196,631 4,880,000 0.81%
9 DESTINATION XL GROUP INC COM 1,714,154 4,885,000 0.81%
10 WILLIS LEASE FINANCE CORP COM 219,349 4,902,000 0.82%
11 ORCHIDS PAPER PRODS CO DEL COM 205,610 4,935,000 0.82%
12 REGIS CORP MINN COM 443,558 5,198,000 0.87%
13 LMI Aerospace, Inc. 378,698 5,218,000 0.87%
14 NORTHERN TECH INTL CORP 287,956 5,254,000 0.88%
15 TEAM INC COM NEW 198,872 5,379,000 0.90%
16 HomeTrust Bancshares, Inc. 321,603 7,558,000 1.26%
17 DMC GLOBAL INC 625,750 7,759,000 1.29%
18 HILL INTERNATIONAL INC 1,886,388 7,829,000 1.30%
19 ASHFORD HOSPITALITY TR INC 1,310,140 8,346,000 1.39%
20 ASTRONOVA INC 555,565 8,472,000 1.41%
21 QAD Inc 326,533 9,094,000 1.51%
22 MARINEMAX INC COM 427,316 9,251,000 1.54%
23 MANITEX INTL INC COM 1,385,815 9,285,000 1.55%
24 CENTRAL GARDEN & PET CO 268,829 9,334,000 1.55%
25 GRANITE CONSTR INC 189,517 9,512,000 1.58%
26 HEADWATERS INC COM 410,668 9,642,000 1.61%
27 CHEFS WHSE INC COM 715,758 9,949,000 1.66%
28 HOUSTON WIRE CABLE CO 1,485,761 10,029,000 1.67%
29 HORIZON GLOBAL CORPORATION 740,693 10,281,000 1.71%
30 FRP HLDGS INC COM 259,435 10,377,000 1.73%
31 CONTAINER STORE GROUP INC 2,489,575 10,531,000 1.75%
32 UNITED STATES LIME & MINERAL 133,691 10,559,000 1.76%
33 THERMON GROUP HLDGS INC COM 507,816 10,583,000 1.76%
34 FIRST CONN BANCORP INC MD 437,222 10,843,000 1.81%
35 SCHNITZER STL INDS 526,277 10,868,000 1.81%
36 Libbey Inc Com 768,864 11,210,000 1.87%
37 LIBERTY TAX INC 792,313 11,290,000 1.88%
38 INNERWORKINGS INC 1,137,680 11,331,000 1.89%
39 TITAN MACHY INC COM 740,338 11,357,000 1.89%
40 Casella Waste SYS 834,898 11,780,000 1.96%
41 UMH PPTYS INC 792,500 12,054,000 2.01%
42 LAYNE CHRISTENSEN CO 1,427,218 12,617,000 2.10%
43 MAIDEN HOLDINGS LTD 1,094,524 15,323,000 2.55%
44 PAR PACIFIC HOLDINGS INC COM NEW 1,046,404 17,255,000 2.87%
45 SEAWORLD ENTERTAINMENT INCORPORATED 959,445 17,529,000 2.92%
46 MISTRAS GROUP INC 820,518 17,543,000 2.92%
47 TIVITY HEALTH INC COM 620,230 18,049,000 3.01%
48 SPX FLOW INC 544,693 18,906,000 3.15%
49 GREENHILL & CO INC COM 645,931 18,926,000 3.15%
50 MANITOWOC INC COM 3,396,704 19,361,000 3.23%
Page 1 of 2

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001144969-17-000034, filed 2017.05.15).

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.