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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 (2015Q3)
Portfolio Summary: 874 holdings with a total value of $1,037,220,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 GENOMIC HEALTH INC COM 183,744 3,888,000 0.37%
52 EASTMAN KODAK CO 245,841 3,840,000 0.37%
53 ALLSCRIPTS HEALTHCARE SOLUTN 307,671 3,815,000 0.37%
54 CARROLS RESTAURANT GROUP INC 318,950 3,796,000 0.37%
55 NELNET INC 109,601 3,793,000 0.37%
56 RIGEL PHARMACEUTICAL INC 1,529,481 3,778,000 0.36%
57 SUPERVALU INC 522,273 3,750,000 0.36%
58 FORMFACTOR INC COM 533,710 3,619,000 0.35%
59 PIONEER ENERGY SVCS CORP 1,699,542 3,569,000 0.34%
60 CAMBREX CORP 89,874 3,566,000 0.34%
61 INTRAWEST RESORTS HLDGS INCORPORATED 410,592 3,556,000 0.34%
62 XO GROUP INC 251,518 3,554,000 0.34%
63 MURPHY USA INC COM 63,801 3,506,000 0.34%
64 GREATBATCH INC 61,859 3,490,000 0.34%
65 NEWPARK RES INC COM PAR $.01NEW 669,248 3,427,000 0.33%
66 CIVEO CORP CDA 2,302,149 3,407,000 0.33%
67 GENERAL COMMUNICATION INC 194,562 3,358,000 0.32%
68 CKEC 2017-01-20 33.000 C A OPQ 167,121 3,357,000 0.32%
69 RADNET INC COM 604,061 3,353,000 0.32%
70 VONAGE HLDGS CORP 566,477 3,331,000 0.32%
71 BIOSPECIFICS TECHNOLOGIES CO 76,230 3,319,000 0.32%
72 PREMIER INC CL A 96,229 3,307,000 0.32%
73 SPARTANNASH CO COM 126,215 3,263,000 0.31%
74 BOYD GAMING CORP COM 200,004 3,260,000 0.31%
75 Essendant Inc Com 250,593 3,238,000 0.31%
76 ADDUS HOMECARE CORP COM 103,110 3,212,000 0.31%
77 CALERES INC 105,149 3,210,000 0.31%
78 TELETECH HOLDINGS INCORPORATED 118,173 3,166,000 0.31%
79 MATIV HOLDINGS INC COM 91,581 3,149,000 0.30%
80 THRESHOLD PHARMACEUTICAL INC 773,262 3,147,000 0.30%
81 DELEK US HLDGS INC COM 112,199 3,108,000 0.30%
82 PREFERRED BK LOS ANGELES CA 98,349 3,108,000 0.30%
83 LSI INDS INC COM 367,778 3,104,000 0.30%
84 LIBERTY TRIPADVISOR HLDGS INC COM SER A 139,675 3,097,000 0.30%
85 SCANSOURCE INC 86,347 3,062,000 0.30%
86 PATRICK INDS INC 77,504 3,061,000 0.30%
87 OLYMPIC STEEL INC 304,698 3,032,000 0.29%
88 PHI NON VTNG 160,173 3,024,000 0.29%
89 ASCENA RETAIL GROUP INC COM 212,785 2,960,000 0.29%
90 OM ASSET MGMT PLC SHS 188,665 2,909,000 0.28%
91 POWELL INDS INC COM 96,502 2,905,000 0.28%
92 Alon USA Energy, Inc. 160,379 2,898,000 0.28%
93 AEP INDUSTRIES ORD 49,779 2,854,000 0.28%
94 STEELCASE INC 153,701 2,830,000 0.27%
95 ARCBEST CORP COM 109,807 2,830,000 0.27%
96 DICE HOLDINGS INC 386,969 2,829,000 0.27%
97 CIVITAS SOLUTIONS INC 123,147 2,823,000 0.27%
98 SUNCOKE ENERGY INC COM 362,494 2,820,000 0.27%
99 SCHULMAN A INC 85,735 2,784,000 0.27%
100 GENERAL CABLE CORP DEL NEW 231,545 2,755,000 0.27%
Page 2 of 18

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001111830-15-000837, filed 2015.11.03).

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.