ATIVO CAPITAL MANAGEMENT LLC Information

120 N LASALLE STREET, CHICAGO, Illinois, 60602, (312) 263-7600

Report Date: 12/31/2015

Position Statistics

Total Positions 230
New Positions 12
Increased Positions 84
Decreased Positions 77
Positions with Activity 161
Sold Out Positions 35
Total Mkt Value (in $ millions) 392

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

Sector Weighting

Basic Materials 2.99%
Capital Goods 4.01%
Conglomerates
Consumer Cyclical 7.95%
Consumer/Non-Cyclical 5.4%
Energy 0%
Financial 11.37%
Healthcare 16.88%
Services 19.41%
Technology 26.71%
Transportation
Utilities 2.4%

84 INCREASED Positions as of 12/31/2015

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
STANLEY BLACK & DECKER INC COM 2,030 2,030 New 18,134
MIZUHO FINL GROUP INC SPONSORED ADR 1,637 1,637 New 553,000
DELUXE CORP COM 1,585 .02 25,248
MITSUBISHI UFJ FINL GROUP INC SPONSORED ADR 1,526 586 62.34 331,656
AVG TECHNOLOGIES N V SHS 1,428 .03 72,124
AMETEK INC NEW COM 1,377 .00 28,631
SCICLONE PHARMACEUTICALS INC COM 991 9 .94 75,038
WNS HOLDINGS LTD SPON ADR 964 433 81.54 30,435
WIPRO LTD SPON ADR 1 SH 942 434 85.41 77,500
PERFICIENT INC COM 731 33 4.79 35,016
NEOPHOTONICS CORP COM 728 104 16.72 60,727
KADANT INC COM 678 28 4.38 14,312
PETMED EXPRESS INC COM 621 59 10.42 33,915
EMC INS GROUP INC COM 602 85 16.35 22,770
ARGAN INC COM 576 27 4.98 16,865
UTAH MED PRODS INC COM 570 18 3.21 8,525
ALMOST FAMILY INC COM 563 55 10.74 13,406
NEFF CORP COM CL A 563 563 New 65,827
LANDMARK BANCORP INC COM 553 5 .94 21,669
APOLLO COML REAL EST FIN INC COM 545 5 .88 34,221