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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 (2016Q3)
Portfolio Summary: 725 holdings with a total value of $417,687,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 TOPGOLF CALLAWAY BRANDS CORP COM 196,124 2,277,000 0.55%
2 LIBERTY TRIPADVISOR HLDGS INC COM SER A 98,555 2,153,000 0.52%
3 ICU MED INC COM 16,683 2,108,000 0.50%
4 HUDSON PAC PPTYS INC 63,366 2,083,000 0.50%
5 NAVIGATORS GROUP INC 21,077 2,043,000 0.49%
6 JOHNSON OUTDOORS INC CL A 55,875 2,032,000 0.49%
7 ANGIODYNAMICS INC 115,584 2,027,000 0.49%
8 CBL & Associates Properties In 165,639 2,011,000 0.48%
9 INSIGHT ENTERPRISES INC COM 61,685 2,008,000 0.48%
10 ORTHOFIX INTERNATIONAL NV 46,583 1,992,000 0.48%
11 INC Research Holdings Inc 44,428 1,981,000 0.47%
12 WASHINGTON REAL ESTATE INVT 62,841 1,956,000 0.47%
13 LIQUIDITY SERVICES INC 169,376 1,904,000 0.46%
14 ROGERS CORP COM 31,121 1,901,000 0.46%
15 FLEXSTEEL INDS INC COM 36,688 1,898,000 0.45%
16 AMERICAN AXLE & MFG HLDGS INC COM 110,209 1,898,000 0.45%
17 GASLOG LTD 129,761 1,888,000 0.45%
18 GENOMIC HEALTH INC COM 65,086 1,882,000 0.45%
19 RUDOLPH TECHNOLOGIES INC 105,652 1,874,000 0.45%
20 SUNCOKE ENERGY INC COM 233,328 1,871,000 0.45%
21 FIBROGEN INC COM 89,552 1,854,000 0.44%
22 BIOSPECIFICS TECHNOLOGIES CORP COM 40,469 1,848,000 0.44%
23 MARINEMAX INC COM 88,033 1,844,000 0.44%
24 SILICON GRAPHICS INTL CORP 239,216 1,842,000 0.44%
25 SKYWEST INC COM 69,755 1,842,000 0.44%
26 PRESTIGE BRANDS HLDGS INC 37,577 1,814,000 0.43%
27 OM ASSET MGMT PLC SHS 130,053 1,809,000 0.43%
28 SUPER MICRO COMPUTER INC COM 77,303 1,807,000 0.43%
29 First Potomac Realty Trust 197,296 1,805,000 0.43%
30 ARATANA THERAPEUTICS INC COM 192,848 1,805,000 0.43%
31 TALEN ENERGY CORP COM 130,206 1,803,000 0.43%
32 DARLING INGREDIENTS INC COM 133,066 1,798,000 0.43%
33 EARTHLINK HOLDINGS 289,671 1,796,000 0.43%
34 VIAD CORP COM 48,707 1,796,000 0.43%
35 PLY GEM HLDGS INC COM 134,248 1,794,000 0.43%
36 Aaron's Inc 70,074 1,781,000 0.43%
37 OFFICE DEPOT INC 498,692 1,780,000 0.43%
38 BENCHMARK ELECTRS INC COM 71,267 1,778,000 0.43%
39 IDT CORP CL B NEW 102,639 1,769,000 0.42%
40 KINDRED HEALTHCARE INC 172,747 1,765,000 0.42%
41 HALYARD HEALTH INC 50,686 1,757,000 0.42%
42 UPBOUND GROUP INC COM 138,383 1,749,000 0.42%
43 PHIBRO ANIMAL HEALTH CORP CL A COM 64,231 1,746,000 0.42%
44 PERFORMANCE FOOD GROUP CO COM 70,069 1,738,000 0.42%
45 LA Z BOY INC COM 70,719 1,737,000 0.42%
46 ENSCO PLC 204,070 1,735,000 0.42%
47 AMAG PHARMACEUTICALS INC COM 70,759 1,734,000 0.42%
48 On Assignment Inc 47,686 1,731,000 0.41%
49 REGAL BELOIT CORP 28,945 1,722,000 0.41%
50 ENCORE WIRE CORP 46,818 1,721,000 0.41%
Page 1 of 15

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001111830-16-001769, filed 2016.11.10).

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.