Q4 2016
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| DLA | Buy | DELTA APPAREL INC | $9,130,000 | +28.1% | 440,418 | +1.7% | 26.14% | +22.4% |
| DXLG | Buy | DESTINATION XL GROUP INC | $5,425,000 | +2.2% | 1,276,439 | +4.1% | 15.54% | -2.4% |
| INFU | Buy | INFUSYSTEM HOLDINGS INC | $4,597,000 | -0.6% | 1,802,681 | +8.4% | 13.16% | -5.0% |
| ASNA | Sell | ASCENA RETAIL GROUP INCcl a | $4,272,000 | +10.1% | 690,113 | -0.6% | 12.23% | +5.2% |
| RT | Sell | RUBY TUESDAY INC | $2,243,000 | +19.8% | 694,285 | -7.3% | 6.42% | +14.4% |
| GEC | New | GREAT ELM CAPITAL GROUP INC | $883,000 | – | 235,590 | – | 2.53% | – |
| GNE | Sell | GENIE ENERGY LTD-Bcl b | $872,000 | -34.6% | 151,630 | -32.9% | 2.50% | -37.6% |
| ARLZ | Exit | ARALEZ PHARMACEUTICALS INC | $0 | – | -1,761 | – | -0.03% | – |
| QLTI | Exit | QLT INC | $0 | – | -122,000 | – | -0.75% | – |
| GEC | Exit | GREAT ELM CAP GROUP INC | $0 | – | -101,983 | – | -1.43% | – |
| BGCP | Exit | BGC PARTNERS INC-CL Acl a | $0 | – | -130,508 | – | -3.42% | – |
Q3 2016
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| DLA | Sell | DELTA APPAREL INC | $7,125,000 | -57.2% | 432,851 | -41.3% | 21.36% | -30.4% |
| DXLG | Sell | DESTINATION XL GROUP INC | $5,310,000 | -40.4% | 1,226,439 | -37.0% | 15.92% | -3.1% |
| INFU | Sell | INFUSYSTEM HOLDINGS INC | $4,624,000 | +5.6% | 1,663,408 | -1.2% | 13.86% | +71.6% |
| ASNA | Sell | ASCENA RETAIL GROUP INC | $3,880,000 | -42.7% | 694,073 | -28.4% | 11.63% | -7.0% |
| RT | Sell | RUBY TUESDAY INC | $1,873,000 | -41.3% | 749,296 | -15.3% | 5.62% | -4.7% |
| GNE | Sell | GENIE ENERGY LTD-Bcl b | $1,334,000 | -42.3% | 226,117 | -33.8% | 4.00% | -6.3% |
| BGCP | Sell | BGC PARTNERS INC-CL Acl a | $1,142,000 | -68.1% | 130,508 | -68.2% | 3.42% | -48.1% |
| GEC | Sell | GREAT ELM CAP GROUP INC | $478,000 | -51.7% | 101,983 | -32.0% | 1.43% | -21.5% |
| QLTI | Sell | QLT INC | $251,000 | -58.8% | 122,000 | -71.6% | 0.75% | -33.0% |
| ARLZ | New | ARALEZ PHARMACEUTICALS INC | $9,000 | – | 1,761 | – | 0.03% | – |
| MHGC | Exit | MORGANS HOTEL GROUP CO | $0 | – | -38,298 | – | -0.15% | – |
| Exit | ARALEZ PHARMACEUTICALS INC | $0 | – | -56,731 | – | -0.34% | – |
Q2 2016
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| DLA | New | DELTA APPAREL INC | $16,635,000 | – | 737,709 | – | 30.70% | – |
| DXLG | New | DESTINATION XL GROUP INC | $8,902,000 | – | 1,948,029 | – | 16.43% | – |
| ASNA | New | ASCENA RETAIL GROUP INC | $6,774,000 | – | 969,073 | – | 12.50% | – |
| BRT | New | BRT REALTY TRUSTsh ben int | $6,548,000 | – | 915,779 | – | 12.08% | – |
| INFU | New | INFUSYSTEM HOLDINGS INC | $4,378,000 | – | 1,683,745 | – | 8.08% | – |
| BGCP | New | BGC PARTNERS INC-CL Acl a | $3,576,000 | – | 410,508 | – | 6.60% | – |
| RT | New | RUBY TUESDAY INC | $3,192,000 | – | 884,296 | – | 5.89% | – |
| GNE | New | GENIE ENERGY LTD-Bcl b | $2,312,000 | – | 341,474 | – | 4.27% | – |
| GEC | New | GREAT ELM CAP GROUP INC | $989,000 | – | 150,000 | – | 1.82% | – |
| QLTI | New | QLT INC | $609,000 | – | 428,844 | – | 1.12% | – |
| New | ARALEZ PHARMACEUTICALS INC | $187,000 | – | 56,731 | – | 0.34% | – | |
| MHGC | New | MORGANS HOTEL GROUP CO | $82,000 | – | 38,298 | – | 0.15% | – |
Q4 2015
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| DESTQ | Exit | DESTINATION MATERNITY CORP | $0 | – | -111,976 | – | -1.06% | – |
| QLTI | Exit | QLT INC | $0 | – | -851,068 | – | -2.33% | – |
| SRG | Exit | SERITAGE GROWTH PPTYScl a | $0 | – | -76,487 | – | -2.93% | – |
| SHLDQ | Exit | SEARS HOLDING CORP | $0 | – | -180,053 | – | -4.19% | – |
| MHGC | Exit | MORGANS HOTEL GROUP CO | $0 | – | -1,228,535 | – | -4.20% | – |
| GNE | Exit | GENIE ENERGY LTD-Bcl b | $0 | – | -539,731 | – | -4.57% | – |
| RHP | Exit | RYMAN HOSPITALITY PROPERTIES | $0 | – | -98,730 | – | -5.00% | – |
| BGCP | Exit | BGC PARTNERS INC-CL Acl a | $0 | – | -730,834 | – | -6.18% | – |
| INFU | Exit | INFUSYSTEM HOLDINGS INC | $0 | – | -2,226,219 | – | -6.32% | – |
| BRT | Exit | BRT REALTY TRUSTsh ben int | $0 | – | -1,209,463 | – | -8.82% | – |
| RT | Exit | RUBY TUESDAY INC | $0 | – | -1,498,752 | – | -9.58% | – |
| DXLG | Exit | DESTINATION XL GROUP INC | $0 | – | -2,128,812 | – | -12.73% | – |
| DLA | Exit | DELTA APPAREL INC | $0 | – | -737,709 | – | -13.38% | – |
| ASNA | Exit | ASCENA RETAIL GROUP INC | $0 | – | -1,306,403 | – | -18.70% | – |
Q3 2015
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| BRT | Buy | BRT REALTY TRUSTsh ben int | $8,575,000 | +2.4% | 1,209,463 | +1.6% | 8.82% | +9.8% |
| SRG | New | SERITAGE GROWTH PPTYScl a | $2,849,000 | – | 76,487 | – | 2.93% | – |
| DESTQ | Sell | DESTINATION MATERNITY CORP | $1,032,000 | -57.2% | 111,976 | -45.8% | 1.06% | -54.1% |
Q2 2015
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| ASNA | New | ASCENA RETAIL GROUP INC | $21,758,000 | – | 1,306,403 | – | 20.89% | – |
| DXLG | New | DESTINATION XL GROUP INC | $10,665,000 | – | 2,128,812 | – | 10.24% | – |
| DLA | New | DELTA APPAREL INC | $10,549,000 | – | 737,709 | – | 10.13% | – |
| RT | New | RUBY TUESDAY INC | $9,397,000 | – | 1,498,752 | – | 9.02% | – |
| BRT | New | BRT REALTY TRUSTsh ben int | $8,371,000 | – | 1,190,745 | – | 8.04% | – |
| MHGC | New | MORGANS HOTEL GROUP CO | $8,280,000 | – | 1,228,535 | – | 7.95% | – |
| INFU | New | INFUSYSTEM HOLDINGS INC | $7,102,000 | – | 2,226,219 | – | 6.82% | – |
| BGCP | New | BGC PARTNERS INC-CL Acl a | $6,395,000 | – | 730,834 | – | 6.14% | – |
| GNE | New | GENIE ENERGY LTD-Bcl b | $5,651,000 | – | 539,731 | – | 5.43% | – |
| RHP | New | RYMAN HOSPITALITY PROPERTIES | $5,244,000 | – | 98,730 | – | 5.04% | – |
| SHLDQ | New | SEARS HOLDING CORP | $4,807,000 | – | 180,053 | – | 4.62% | – |
| QLTI | New | QLT INC | $3,515,000 | – | 851,068 | – | 3.38% | – |
| DESTQ | New | DESTINATION MATERNITY CORP | $2,409,000 | – | 206,576 | – | 2.31% | – |
Q4 2014
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| WTSLQ | Exit | WET SEAL INC/THE-CLASS A | $0 | – | -139,298 | – | -0.06% | – |
| GNE | Exit | GENIE ENERGY LTD-Bcl b | $0 | – | -416,336 | – | -2.45% | – |
| DESTQ | Exit | DESTINATION MATERNITY CORP | $0 | – | -206,576 | – | -2.67% | – |
| DXLG | Exit | DESTINATION XL GROUP INC | $0 | – | -1,159,329 | – | -4.58% | – |
| DLA | Exit | DELTA APPAREL INC | $0 | – | -613,905 | – | -4.67% | – |
| QLTI | Exit | QLT INC | $0 | – | -1,235,144 | – | -4.68% | – |
| SKX | Exit | SKECHERS USA INC-CL Acl a | $0 | – | -117,832 | – | -5.26% | – |
| SHLDQ | Exit | SEARS HOLDINGS CORP | $0 | – | -198,000 | – | -5.45% | – |
| INFU | Exit | INFUSYSTEM HOLDINGS INC | $0 | – | -2,145,348 | – | -5.64% | – |
| BGCP | Exit | BGC PARTNERS INC-CL Acl a | $0 | – | -925,000 | – | -5.76% | – |
| BRT | Exit | BRT REALTY TRUSTsh ben int | $0 | – | -1,025,400 | – | -6.44% | – |
| RT | Exit | RUBY TUESDAY INC | $0 | – | -1,792,157 | – | -8.84% | – |
| RHP | Exit | RYMAN HOSPITALITY PROPERTIES | $0 | – | -225,000 | – | -8.91% | – |
| BOLT | Exit | BOLT TECHNOLOGY CORP | $0 | – | -539,475 | – | -9.91% | – |
| MHGC | Exit | MORGANS HOTEL GROUP CO | $0 | – | -1,473,995 | – | -9.96% | – |
| ASNA | Exit | ASCENA RETAIL GROUP INC | $0 | – | -1,321,800 | – | -14.72% | – |
Q3 2014
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| ASNA | Buy | ASCENA RETAIL GROUP INC | $17,580,000 | -10.9% | 1,321,800 | +14.6% | 14.72% | +11.5% |
| BOLT | Buy | BOLT TECHNOLOGY CORP | $11,836,000 | +27.1% | 539,475 | +6.3% | 9.91% | +59.0% |
| RT | Buy | RUBY TUESDAY INC | $10,556,000 | -17.8% | 1,792,157 | +5.9% | 8.84% | +2.8% |
| SKX | Sell | SKECHERS USA INC-CL Acl a | $6,282,000 | -71.6% | 117,832 | -75.6% | 5.26% | -64.5% |
| DXLG | Buy | DESTINATION XL GROUP INC | $5,472,000 | -13.9% | 1,159,329 | +0.5% | 4.58% | +7.7% |
| DESTQ | Buy | DESTINATION MATERNITY CORP | $3,190,000 | +31.4% | 206,576 | +93.8% | 2.67% | +64.5% |
| GNE | Buy | GENIE ENERGY LTD-Bcl b | $2,927,000 | -1.6% | 416,336 | +10.2% | 2.45% | +23.1% |
| WTSLQ | Sell | WET SEAL INC/THE-CLASS A | $73,000 | -98.2% | 139,298 | -96.8% | 0.06% | -97.7% |
| LTRE | Exit | LEARNING TREE INTERNATIONAL | $0 | – | -394,454 | – | -0.68% | – |
| MIND | Exit | MITCHAM INDUSTRIES INC | $0 | – | -121,164 | – | -1.13% | – |
Q2 2014
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| SKX | New | SKECHERS USA INC-CL Acl a | $22,111,000 | – | 483,832 | – | 14.80% | – |
| ASNA | New | ASCENA RETAIL GROUP INC | $19,730,000 | – | 1,153,800 | – | 13.20% | – |
| RT | New | RUBY TUESDAY INC | $12,843,000 | – | 1,692,157 | – | 8.60% | – |
| MHGC | New | MORGANS HOTEL GROUP CO | $11,689,000 | – | 1,473,995 | – | 7.82% | – |
| RHP | New | RYMAN HOSPITALITY PROPERTIES | $10,834,000 | – | 225,000 | – | 7.25% | – |
| BOLT | New | BOLT TECHNOLOGY CORP | $9,313,000 | – | 507,494 | – | 6.23% | – |
| DLA | New | DELTA APPAREL INC | $8,791,000 | – | 613,905 | – | 5.88% | – |
| SHLDQ | New | SEARS HOLDINGS CORP | $7,912,000 | – | 198,000 | – | 5.30% | – |
| QLTI | New | QLT INC | $7,633,000 | – | 1,235,144 | – | 5.11% | – |
| BRT | New | BRT REALTY TRUSTsh ben int | $7,567,000 | – | 1,025,400 | – | 5.06% | – |
| BGCP | New | BGC PARTNERS INC-CL Acl a | $6,882,000 | – | 925,000 | – | 4.61% | – |
| DXLG | New | DESTINATION XL GROUP INC | $6,355,000 | – | 1,153,361 | – | 4.25% | – |
| INFU | New | INFUSYSTEM HOLDINGS INC | $5,685,000 | – | 2,145,348 | – | 3.80% | – |
| WTSLQ | New | WET SEAL INC/THE-CLASS Acl a | $3,959,000 | – | 4,350,098 | – | 2.65% | – |
| GNE | New | GENIE ENERGY LTD-Bcl b | $2,974,000 | – | 377,900 | – | 1.99% | – |
| DESTQ | New | DESTINATION MATERNITY CORP | $2,427,000 | – | 106,576 | – | 1.62% | – |
| MIND | New | MITCHAM INDUSTRIES INC | $1,694,000 | – | 121,164 | – | 1.13% | – |
| LTRE | New | LEARNING TREE INTERNATIONAL | $1,010,000 | – | 394,454 | – | 0.68% | – |
Q4 2013
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| TGE | Exit | T.G.C. INDUSTRIES INC | $0 | – | -151,409 | – | -0.83% | – |
| INFU | Exit | INFUSYSTEM HOLDINGS INC | $0 | – | -2,145,348 | – | -1.90% | – |
| LTRE | Exit | LEARNING TREE INTERNATIONAL | $0 | – | -713,866 | – | -1.94% | – |
| DESTQ | Exit | DESTINATION MATERNITY CORP | $0 | – | -126,776 | – | -2.79% | – |
| BGCP | Exit | BGC PARTNERS INC-CL Acl a | $0 | – | -925,000 | – | -3.61% | – |
| MFCB | Exit | MFC INDUSTRIAL LTD | $0 | – | -626,787 | – | -3.64% | – |
| QLTI | Exit | QLT INC | $0 | – | -1,235,144 | – | -3.96% | – |
| MASC | Exit | MATERIAL SCIENCES CORP | $0 | – | -682,045 | – | -4.42% | – |
| BRT | Exit | BRT REALTY TRUSTsh ben int | $0 | – | -1,000,400 | – | -4.96% | – |
| BOLT | Exit | BOLT TECHNOLOGY CORP | $0 | – | -430,723 | – | -5.38% | – |
| RT | Exit | RUBY TUESDAY INC | $0 | – | -1,144,257 | – | -5.94% | – |
| DLA | Exit | DELTA APPAREL INC | $0 | – | -578,434 | – | -6.62% | – |
| DXLG | Exit | DESTINATION XL GROUP INC | $0 | – | -1,484,761 | – | -6.64% | – |
| MHGC | Exit | MORGANS HOTEL GROUP CO | $0 | – | -1,302,995 | – | -6.91% | – |
| MIND | Exit | MITCHAM INDUSTRIES INC | $0 | – | -660,857 | – | -6.99% | – |
| WTSLQ | Exit | WET SEAL INC/THE-CLASS Acl a | $0 | – | -2,965,898 | – | -8.06% | – |
| SKX | Exit | SKECHERS USA INC-CL Acl a | $0 | – | -546,209 | – | -11.75% | – |
| ASNA | Exit | ASCENA RETAIL GROUP INC | $0 | – | -991,300 | – | -13.66% | – |
Q3 2013
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| ASNA | Buy | ASCENA RETAIL GROUP INC | $19,757,000 | +20.2% | 991,300 | +5.2% | 13.66% | +26.7% |
| SKX | Sell | SKECHERS USA INC-CL Acl a | $16,993,000 | -1.0% | 546,209 | -23.6% | 11.75% | +4.3% |
| WTSLQ | Sell | WET SEAL INC/THE-CLASS Acl a | $11,656,000 | -18.1% | 2,965,898 | -1.7% | 8.06% | -13.7% |
| MIND | Buy | MITCHAM INDUSTRIES INC | $10,105,000 | -0.8% | 660,857 | +8.9% | 6.99% | +4.6% |
| MHGC | Buy | MORGANS HOTEL GROUP CO | $9,993,000 | +40.0% | 1,302,995 | +47.1% | 6.91% | +47.6% |
| DXLG | Sell | DESTINATION XL GROUP INC | $9,606,000 | -8.0% | 1,484,761 | -9.9% | 6.64% | -3.0% |
| RT | Buy | RUBY TUESDAY INC | $8,582,000 | +26.9% | 1,144,257 | +56.2% | 5.94% | +33.8% |
| BOLT | Sell | BOLT TECHNOLOGY CORP | $7,775,000 | -2.3% | 430,723 | -7.5% | 5.38% | +3.0% |
| BRT | Buy | BRT REALTY TRUSTsh ben int | $7,173,000 | +4.1% | 1,000,400 | +1.6% | 4.96% | +9.7% |
| MASC | Buy | MATERIAL SCIENCES CORP | $6,398,000 | -3.3% | 682,045 | +3.7% | 4.42% | +1.9% |
| MFCB | Buy | MFC INDUSTRIAL LTD | $5,265,000 | +13.1% | 626,787 | +8.7% | 3.64% | +19.3% |
| DESTQ | Sell | DESTINATION MATERNITY CORP | $4,031,000 | -25.1% | 126,776 | -42.1% | 2.79% | -21.0% |
| TGE | New | T.G.C. INDUSTRIES INC | $1,195,000 | – | 151,409 | – | 0.83% | – |
| MAXY | Exit | MAXYGEN INC | $0 | – | -598,642 | – | -0.97% | – |
| LVB | Exit | STEINWAY MUSICAL INSTRUMENTS INC | $0 | – | -200,473 | – | -4.00% | – |
| OFI | Exit | OVERHILL FARMS INC | $0 | – | -1,305,325 | – | -4.24% | – |
Q2 2013
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| SKX | New | SKECHERS USA INCcl a | $17,173,000 | – | 715,224 | – | 11.26% | – |
| ASNA | New | ASCENA RETAIL GROUP INC | $16,441,000 | – | 942,200 | – | 10.78% | – |
| WTSLQ | New | WET SEAL INCcl a | $14,235,000 | – | 3,015,898 | – | 9.34% | – |
| DXLG | New | DESTINATION XL GROUP INC | $10,445,000 | – | 1,647,436 | – | 6.85% | – |
| MIND | New | MITCHAM INDUSTRIES INC | $10,186,000 | – | 607,061 | – | 6.68% | – |
| DLA | New | DELTA APPAREL INC | $8,156,000 | – | 578,434 | – | 5.35% | – |
| BOLT | New | BOLT TECHNOLOGY CORP | $7,955,000 | – | 465,723 | – | 5.22% | – |
| MHGC | New | MORGANS HOTEL GROUP CO | $7,140,000 | – | 885,895 | – | 4.68% | – |
| BRT | New | BRT REALTY TRUSTsh ben int | $6,893,000 | – | 984,725 | – | 4.52% | – |
| RT | New | RUBY TUESDAY INC | $6,762,000 | – | 732,659 | – | 4.44% | – |
| MASC | New | MATERIAL SCIENCES CORP | $6,618,000 | – | 657,845 | – | 4.34% | – |
| OFI | New | OVERHILL FARMS INC | $6,461,000 | – | 1,305,325 | – | 4.24% | – |
| LVB | New | STEINWAY MUSICAL INSTRUMENTS INC | $6,100,000 | – | 200,473 | – | 4.00% | – |
| BGCP | New | BGC PARTNERS INCcl a | $5,448,000 | – | 925,000 | – | 3.57% | – |
| QLTI | New | QLT INC | $5,422,000 | – | 1,235,144 | – | 3.56% | – |
| DESTQ | New | DESTINATION MATERNITY CORP | $5,382,000 | – | 218,788 | – | 3.53% | – |
| MFCB | New | MFC INDUSTRIAL LTD | $4,655,000 | – | 576,787 | – | 3.05% | – |
| INFU | New | INFUSYSTEM HOLDINGS INC | $3,197,000 | – | 2,145,348 | – | 2.10% | – |
| LTRE | New | LEARNING TREE INTERNATIONAL | $2,313,000 | – | 713,866 | – | 1.52% | – |
| MAXY | New | MAXYGEN INC | $1,485,000 | – | 598,642 | – | 0.97% | – |