BLACK RIVER ASSET MANAGEMENT LLC Information

9320 EXCELSIOR BLVD., HOPKINS, Minnesota, 55343, (952) 984-3557

Report Date: 03/31/2015

Position Statistics

Total Positions 40
New Positions 12
Increased Positions 17
Decreased Positions 19
Positions with Activity 36
Sold Out Positions 12
Total Mkt Value (in $ millions) 142

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

Sector Weighting

Basic Materials 1.11%
Capital Goods 12.34%
Conglomerates
Consumer Cyclical 3.96%
Consumer/Non-Cyclical 1.73%
Energy 4.68%
Financial 8.49%
Healthcare 3.43%
Services 51.93%
Technology
Transportation
Utilities 0.12%

40 Positions as of 03/31/2015

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
DISCOVERY COMMUNICATNS NEW COM SER C 18,624 18,624 New 613,955
CARNIVAL CORP PAIRED CTF 14,672 14,672 New 338,063
LIBERTY GLOBAL PLC SHS CL C 12,357 12,357 New 244,134
GRUPO AVAL ACCIONES Y VALORES SPONSORED ADS 11,446 -4,451 (28) 1,117,766
PRICESMART INC COM 8,726 2,840 48.26 108,030
DRESSER-RAND GROUP INC COM 8,287 2,059 33.07 99,800
FAMILY DLR STORES INC COM 8,277 3,978 92.55 105,900
DIRECTV COM 7,013 1,031 17.24 78,900
YPF SOCIEDAD ANONIMA SPON ADR CL D 6,645 -1,420 (17.61) 214,219
HUDSON CITY BANCORP COM 6,507 New 690,000
VISTEON CORP COM NEW 6,159 6,159 New 60,200
GRIFOLS S A SP ADR REP B NVT 4,874 4,874 New 153,889
BLACKHAWK NETWORK HLDGS INC CL A 3,338 3,338 New 92,876
TRW AUTOMOTIVE HLDGS CORP COM 3,152 New 30,000
VIACOM INC NEW CL A 3,000 3,000 New 43,433
INTERNATIONAL GAME TECHNOLOGY SHS USD 2,553 1,014 65.93 121,264
SHANDA GAMES LTD SP ADR REPTG A 2,470 New 360,000
CREDICORP LTD COM 2,057 2,057 New 13,250
HEICO CORP NEW CL A 1,921 1,921 New 41,518
LORILLARD INC COM 1,919 -3,578 (65.09) 27,308