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Institutional Investment Manager
TFS CAPITAL LLC
TFS CAPITAL LLC (CIK: 0001427379) incorporated in Virginia, located at 10 N. High Street, West Chester, PA. Institutional holdings reported to the SEC.

Institutional Holdings (2014Q2)
Portfolio Summary: 1,093 holdings with a total value of $1,270,755,000.
#
Name
Shares
Value ($)
%
Options
Notes
1051 HUTCHISON PORT HOLDINGS TRUST 39,045 98,000 0.01%
1052 DICE HOLDINGS INC 12,843 98,000 0.01%
1053 ENDOCYTE INC 14,592 96,000 0.01%
1054 SUPERVALU INC 11,629 96,000 0.01%
1055 PIXELWORKS INC 12,110 92,000 0.01%
1056 BOULDER GROWTH & INCOME FUND COM 10,800 92,000 0.01%
1057 IDERA PHARMACEUTICALS INCORPORATED COM NEW 31,104 90,000 0.01%
1058 LEE ENTERPRISES INC 19,732 88,000 0.01%
1059 ALPHATEC HOLDINGS INC 54,171 88,000 0.01%
1060 INTEVAC INC COM 10,972 88,000 0.01%
1061 AURICO GOLD INC UTIL 19,901 85,000 0.01%
1062 CYTOKINETICS INC 17,524 84,000 0.01%
1063 MAGELLAN PETROLEUM CORP 38,098 84,000 0.01%
1064 REGULUS THERAPEUTICS INC COM 10,050 81,000 0.01%
1065 REACHLOCAL INC 11,540 81,000 0.01%
1066 U S ENERGY CORP WYO 18,565 80,000 0.01%
1067 INTERMOLECULAR INC 33,621 78,000 0.01%
1068 NGP CAPITAL RESOUR 12,325 77,000 0.01%
1069 FIBROCELL SCIENCE INC 18,720 75,000 0.01%
1070 Smith Micro Software 67,820 71,000 0.01%
1071 ADAMIS PHARMACEUTICALS CORP 14,112 68,000 0.01%
1072 SIRIUS XM HOLDINGS INC 18,780 65,000 0.01%
1073 ATHERSYS INC NEW 34,509 62,000 0.00%
1074 PROTALIX BIOTHERAPEUTICS INC 15,458 56,000 0.00%
1075 CASCADE BANCORP 10,328 54,000 0.00%
1076 GFI GROUP INC 16,335 54,000 0.00%
1077 MOSYS INC 16,490 52,000 0.00%
1078 CYTORI THERAPEUTIC INC 21,346 51,000 0.00%
1079 NeoPhotonics Corp 10,197 42,000 0.00%
1080 DURECT CORP 22,728 41,000 0.00%
1081 DENISON MINES CORP 31,860 39,000 0.00%
1082 AUGUSTA RESOURCE CORP 11,897 38,000 0.00%
1083 SIGA TECHNOLOGIES ORD 12,794 36,000 0.00%
1084 SYNTHESIS ENERGY SYS INC 16,871 32,000 0.00%
1085 UQM TECHNOLOGIES INC COM 14,060 32,000 0.00%
1086 Amern Superconductor Cp 14,558 24,000 0.00%
1087 RICHMONT MINES INC 16,470 23,000 0.00%
1088 Dynavax Techs Cp New 13,023 21,000 0.00%
1089 JOES JEANS INC 18,661 20,000 0.00%
1090 HANSEN MEDICAL INC 12,597 17,000 0.00%
1091 Anadigics Inc 19,165 16,000 0.00%
1092 WET SEAL INC 18,035 16,000 0.00%
1093 EXETER RES CORP 11,685 8,000 0.00%
Page 22 of 22

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001398344-14-003670, filed 2014.07.21).

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.