BALESTRA CAPITAL LTD. Information

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

Report Date: 12/31/2014

Position Statistics

Total Positions 23
New Positions 5
Increased Positions 7
Decreased Positions 15
Positions with Activity 22
Sold Out Positions 7
Total Mkt Value (in $ millions) 69

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

Sector Weighting

Basic Materials
Capital Goods 3.51%
Conglomerates
Consumer Cyclical 7.57%
Consumer/Non-Cyclical
Energy 0%
Financial 23.49%
Healthcare
Services 21%
Technology 40.9%
Transportation
Utilities

7 INCREASED Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
SPDR SERIES TRUST S&P RETAIL ETF 8,090 8,090 New 82,000
GOOGLE INC CL C 6,884 2,915 73.44 13,225
COMCAST CORP NEW CL A 6,615 1,504 29.41 110,000
APPLE INC COM 6,271 6,271 New 50,000
CISCO SYS INC COM 5,492 5,492 New 200,000
FIAT CHRYSLER AUTOMOBILES N V SHS 5,231 5,231 New 360,047
MITEL NETWORKS CORP COM 694 694 New 78,593