ELM RIDGE MANAGEMENT, LLC Information

3 WEST MAIN STREET, IRVINGTON, New York, 10533, (914) 250-1000

Report Date: 12/31/2015

Position Statistics

Total Positions 31
New Positions 0
Increased Positions 10
Decreased Positions 21
Positions with Activity 31
Sold Out Positions 2
Total Mkt Value (in $ millions) 520

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

Sector Weighting

Basic Materials 3.53%
Capital Goods 6.78%
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical
Energy 35.62%
Financial 28.17%
Healthcare
Services 18.48%
Technology 3.49%
Transportation
Utilities

21 DECREASED Positions as of 12/31/2015

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
DONNELLEY R R & SONS CO COM 42,022 -957 (2.23) 2,360,806
APACHE CORP COM 37,506 -1,339 (3.45) 651,817
PATTERSON UTI ENERGY INC COM 32,002 -1,123 (3.39) 1,676,360
ASSURED GUARANTY LTD COM 31,085 -9,679 (23.74) 1,177,926
DENBURY RES INC COM NEW 29,049 -994 (3.31) 6,260,538
MURPHY OIL CORP COM 23,635 -833 (3.41) 652,178
QEP RES INC COM 21,264 -1,173 (5.23) 1,261,956
CITIGROUP INC COM NEW 20,314 -713 (3.39) 429,206
TEREX CORP NEW COM 18,749 -4,934 (20.83) 787,120
HELMERICH & PAYNE INC COM 18,545 -656 (3.42) 285,528
ALCOA INC COM 18,330 -3,942 (17.7) 1,620,662
BANK AMER CORP COM 18,207 -644 (3.42) 1,212,194
CHICAGO BRIDGE & IRON CO N V COM 16,514 -580 (3.39) 402,675
FIFTH THIRD BANCORP COM 15,101 -532 (3.4) 806,222
POPULAR INC COM NEW 14,312 -509 (3.44) 474,992
RENT A CTR INC NEW COM 11,936 -414 (3.35) 759,769
CALIFORNIA RES CORP COM 8,280 -189 (2.23) 3,435,726
APPLIED MATLS INC COM 7,401 -7,556 (50.52) 345,522
AEROPOSTALE COM 119 -5 (4.2) 3,057,146
ABERCROMBIE & FITCH CO CL A -11,113 Sold Out 0