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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
101 CARROLS RESTAURANT GROUP INC 110,331 1,457,000 0.35%
102 CYNOSURE CL A ORD 28,500 1,452,000 0.35%
103 Lifepoint Hospitals Inc 36,254 1,449,000 0.35%
104 AVX CORP NEW 104,950 1,447,000 0.35%
105 VANDA PHARMACEUTICALS INC COM 86,830 1,445,000 0.35%
106 SL GREEN RLTY CORP 13,344 1,442,000 0.35%
107 Forest City Realty Trust Inc 61,697 1,427,000 0.34%
108 HOVNANIAN ENTERPRISES INC 843,552 1,426,000 0.34%
109 PAREXEL INTERNATIONAL CORPORATION 20,424 1,418,000 0.34%
110 RIGNET INC 90,962 1,375,000 0.33%
111 KAISER ALUMINUM CORP COM PAR $0.01 15,687 1,357,000 0.32%
112 REAL IND INC COM 221,170 1,354,000 0.32%
113 UNISYS CORP 138,593 1,350,000 0.32%
114 HORIZON PHARMA PLC 74,144 1,344,000 0.32%
115 SCICLONE PHARMACEUTICALS INC 124,590 1,277,000 0.31%
116 KULICKE & SOFFA INDS INC 98,490 1,273,000 0.30%
117 GRAN TIERRA ENERGY INC 422,208 1,271,000 0.30%
118 OWENS & MINOR INC NEW 36,602 1,271,000 0.30%
119 NANOMETRICS INC 56,876 1,271,000 0.30%
120 TILLYS INC CL A 135,158 1,269,000 0.30%
121 Libbey Inc Com 70,944 1,266,000 0.30%
122 CONSTELLIUM NV CL A 172,437 1,242,000 0.30%
123 Natera, Inc. 111,252 1,236,000 0.30%
124 DOMINION DIAMOND CORP 126,349 1,231,000 0.29%
125 PARTY CITY HOLDCO INC COM 70,768 1,212,000 0.29%
126 TRAVELCENTERS AMER LLC 168,547 1,207,000 0.29%
127 VILLAGE SUPER MKT INC CL A NEW 37,482 1,200,000 0.29%
128 CHINA BIOLOGIC PRODS INC 9,494 1,182,000 0.28%
129 NELNET INC 29,207 1,179,000 0.28%
130 CHART INDS INC 35,732 1,173,000 0.28%
131 CAPELLA EDUCATION 19,982 1,160,000 0.28%
132 NUTRI SYS INC NEW 38,764 1,151,000 0.28%
133 CHARLES RIV LABS INTL INC 13,779 1,148,000 0.27%
134 GENERAL CABLE CORP DEL NEW 76,056 1,139,000 0.27%
135 COTT CORP QUE 79,926 1,139,000 0.27%
136 BRUKER CORP 50,204 1,137,000 0.27%
137 ASBURY AUTOMOTIVE GROUP INC COM 20,327 1,132,000 0.27%
138 STERLING CONSTRUCTION CO INC 144,876 1,121,000 0.27%
139 DELEK US HLDGS INC COM 64,608 1,117,000 0.27%
140 KMG CHEMICALS INC COM 39,309 1,114,000 0.27%
141 SOHU COM INC 25,109 1,111,000 0.27%
142 KBR INC 72,310 1,094,000 0.26%
143 TEXTAINER GROUP HOLDINGS LTD 145,692 1,091,000 0.26%
144 ENERPLUS CORP 169,805 1,088,000 0.26%
145 MAGNACHIP SEMICONDUCTOR CORP 130,286 1,087,000 0.26%
146 Arena Pharmaceuticals, Inc 609,929 1,067,000 0.26%
147 NRG ENERGY INC 94,606 1,061,000 0.25%
148 USG Corp 39,879 1,031,000 0.25%
149 ARCHROCK INC COM 76,969 1,007,000 0.24%
150 AEP INDUSTRIES ORD 9,081 993,000 0.24%
Page 3 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.