BALESTRA CAPITAL LTD. Information

58 WEST 40TH STREET, NEW YORK, New York, 10018, (212) 768-9000

Report Date: 03/31/2013

Position Statistics:

Total Positions 28
New Positions 13
Increased Positions 17
Decreased Positions 11
Positions with Activity 28
Sold Out Positions 6
Total Mkt Value
(in $ millions)
489

Sector Weighting

Basic Materials
Capital Goods 21.57%
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical 5.4%
Energy 0.04%
Financial 7.53%
Healthcare
Services 41.03%
Technology 23.55%
Transportation
Utilities

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

17 INCREASED Positions as of 03/31/2013

Company Class Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) Shares Held
MICROSOFT CORP COM 37,716 20,226 115.64 1,078,220
TIME WARNER CABLE INC COM 36,384 36,384 New 353,209
NORTHROP GRUMMAN CORP COM 35,838 35,838 New 427,000
RAYTHEON CO COM NEW 35,737 35,737 New 525,000
WESTERN UN CO COM 35,290 35,290 New 2,060,133
GENERAL DYNAMICS CORP COM 33,998 33,998 New 431,171
GOOGLE INC CL A 33,413 33,413 New 37,100
AT&T INC COM 32,763 4,732 16.88 905,813
CENTURYLINK INC COM 30,973 30,973 New 854,652
SAP AG SPON ADR 29,398 29,398 New 380,907
AMERICA MOVIL SAB DE CV SPON ADR L SHS 18,214 18,214 New 906,628
AMERICAN CAP MTG INVT CORP COM 17,107 8,260 93.38 842,281
CHECK POINT SOFTWARE TECH LTD ORD 14,756 14,756 New 296,447
NEW RESIDENTIAL INVT CORP COM 4,296 4,296 New 643,058
ANWORTH MORTGAGE ASSET CP COM 4,050 517 14.63 700,677
NEWCASTLE INVT CORP COM 3,524 3,524 New 643,058
CHEVRON CORP NEW COM 207 207 New 1,700

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