BREVAN HOWARD CAPITAL MANAGEMENT LP Information

6TH FLOOR, ST. HELIER, , JE2 3QA, (4153) 460-5400

Report Date: 03/31/2014

Position Statistics

Total Positions 18
New Positions 4
Increased Positions 7
Decreased Positions 9
Positions with Activity 16
Sold Out Positions 7
Total Mkt Value (in $ millions) 149

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

Sector Weighting

Basic Materials 0%
Capital Goods
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical
Energy 0.91%
Financial 99.09%
Healthcare
Services 0%
Technology
Transportation 0%
Utilities

18 Positions as of 03/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
POWERSHARES ETF TRUST DYNA BUYBK ACH 48,066 48,066 New 1,088,200
ISHARES TR CHINA LG-CAP ETF 26,849 -82,194 (75.38) 663,432
SPDR SERIES TRUST S&P RETAIL ETF 19,771 -1,421 (6.71) 235,787
ISHARES TR MSCI EMG MKT ETF 15,337 6,573 75 350,000
SELECT SECTOR SPDR TR SBI INT-FINL 11,877 11,877 New 530,007
CME GROUP INC COM 7,583 New 102,553
MARKET VECTORS ETF TR RUSSIA ETF 7,125 6,130 616.18 296,500
ISHARES TR S&P 100 ETF 5,338 5,338 New 62,000
ISHARES TR CHINA ETF 3,242 2,811 652.87 65,500
RADIAN GROUP INC COM 2,832 2,832 New 223,676
PETROCHINA CO LTD SPONSORED ADR 1,363 New 10,560
AMERICAN CAPITAL AGENCY CORP COM -4,624 Sold Out 0
CSX CORP COM -410 Sold Out 0
EXXON MOBIL CORP COM -203 Sold Out 0
MONSANTO CO NEW COM -252 Sold Out 0
MOSAIC CO NEW COM -4,925 Sold Out 0
SPDR GOLD TRUST GOLD SHS -50,257 Sold Out 0
TRANSOCEAN LTD REG SHS -4,378 Sold Out 0