ELM RIDGE MANAGEMENT, LLC Information

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

Report Date: 12/31/2014

Position Statistics

Total Positions 35
New Positions 5
Increased Positions 12
Decreased Positions 23
Positions with Activity 35
Sold Out Positions 5
Total Mkt Value (in $ millions) 749

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

Sector Weighting

Basic Materials 6%
Capital Goods 1.97%
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical 3.17%
Energy 20.95%
Financial 25.01%
Healthcare 11%
Services 26.77%
Technology 5.13%
Transportation
Utilities

5 Sold Out Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
ANTHEM INC COM -40,037 Sold Out 0
CORNING INC COM -16,281 Sold Out 0
LOCKHEED MARTIN CORP COM -39,216 Sold Out 0
ON SEMICONDUCTOR CORP COM -25,108 Sold Out 0
RESTORATION HARDWARE HLDGS INC COM -6,825 Sold Out 0