ALTA ADVISERS LTD Information

8 LANCELOT PLACE, LONDON, , SW7 1DR, (44207) 590-5010

Report Date: 12/31/2014

Position Statistics

Total Positions 56
New Positions 3
Increased Positions 32
Decreased Positions 19
Positions with Activity 51
Sold Out Positions 12
Total Mkt Value (in $ millions) 229

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials 1.65%
Capital Goods
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical
Energy 89.95%
Financial 0.94%
Healthcare
Services 4.19%
Technology 0.37%
Transportation
Utilities

32 INCREASED Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
LAREDO PETROLEUM INC COM 10,694 10,694 New 726,504
SM ENERGY CO COM 9,618 5,572 137.73 176,930
NEWFIELD EXPL CO COM 9,584 4,044 73.00 247,268
CONTINENTAL RESOURCES INC COM 9,210 5,077 122.82 179,367
CONCHO RES INC COM 8,803 3,049 52.99 69,953
PIONEER NAT RES CO COM 7,843 2,557 48.38 45,048
ANADARKO PETE CORP COM 7,561 2,328 44.48 81,611
GULFPORT ENERGY CORP COM NEW 7,559 2,231 41.86 155,098
WPX ENERGY INC COM 7,543 4,312 133.49 571,875
CRESCENT PT ENERGY CORP COM 7,386 3,303 80.89 279,973
CIMAREX ENERGY CO COM 7,374 1,885 34.33 60,690
EQT CORP COM 7,209 1,545 27.28 83,258
DENBURY RES INC COM NEW 7,073 4,072 135.71 873,241
APACHE CORP COM 7,047 2,925 70.96 106,264
ROSETTA RESOURCES INC COM 6,954 4,108 144.31 314,233
RANGE RES CORP COM 6,946 2,016 40.91 113,194
EOG RES INC COM 6,935 1,300 23.06 71,699
CABOT OIL & GAS CORP COM 6,876 632 10.12 208,174
ENCANA CORP COM 6,779 2,806 70.62 484,247
NOBLE ENERGY INC COM 6,719 2,233 49.78 133,066