AYER CAPITAL MANAGEMENT, LP Information

230 CALIFORNIA, SUITE 600, SAN FRANCISCO, California, 94111, (415) 874-4800

Report Date: 03/31/2015

Position Statistics

Total Positions 2
New Positions 2
Increased Positions 2
Decreased Positions 0
Positions with Activity 2
Sold Out Positions 0
Total Mkt Value (in $ millions) 61

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

Sector Weighting

Basic Materials
Capital Goods
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical
Energy
Financial
Healthcare 100%
Services
Technology
Transportation
Utilities

2 Positions as of 03/31/2015

Company Class Value of Shares ($1,000s) ▲ Change in Value ($1,000s) Change (%) Shares Held
ONCOTHYREON INC COM 753 753 New 250,000
LION BIOTECHNOLOGIES INC COM 60,355 60,355 New 5,604,015