BREVAN HOWARD CAPITAL MANAGEMENT LP Information

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

Report Date: 12/31/2014

Position Statistics

Total Positions 14
New Positions 5
Increased Positions 6
Decreased Positions 7
Positions with Activity 13
Sold Out Positions 6
Total Mkt Value (in $ millions) 182

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 17.01%
Financial 80.71%
Healthcare
Services 2.28%
Technology
Transportation
Utilities

14 Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) Shares Held ▲
BARCLAYS BK PLC IPATH S&P500 VIX -22,560 Sold Out 0
ISHARES TR CHINA LG-CAP ETF -123,244 Sold Out 0
ISHARES TR MSCI EMG MKT ETF -14,409 Sold Out 0
SELECT SECTOR SPDR TR TECHNOLOGY -10,775 Sold Out 0
SPDR GOLD TRUST GOLD SHS -57,378 Sold Out 0
SPDR SERIES TRUST S&P REGL BKG -15,912 Sold Out 0
ISHARES MSCI MEX CAP ETF 1,523 1,523 New 26,113
RADIAN GROUP INC COM 492 -2,249 (82.04) 27,762
CME GROUP INC COM 9,310 New 102,553
ISHARES TR CHINA ETF 11,125 4,673 72.41 175,862
AMERICAN CAPITAL AGENCY CORP COM 4,150 4,150 New 200,000
ISHARES MSCI AC ASIA ETF 22,207 22,207 New 324,138
SPDR S&P 500 ETF TR TR UNIT 102,189 102,189 New 484,950
YPF SOCIEDAD ANONIMA SPON ADR CL D 30,950 30,950 New 1,000,000