ELM RIDGE MANAGEMENT, LLC Information

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

Report Date: 12/31/2013

Position Statistics

Total Positions 70
New Positions 3
Increased Positions 14
Decreased Positions 40
Positions with Activity 54
Sold Out Positions 14
Total Mkt Value (in $ millions) 823

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

Sector Weighting

Basic Materials 7.31%
Capital Goods 8.85%
Conglomerates
Consumer Cyclical 1.35%
Consumer/Non-Cyclical
Energy 10.73%
Financial 23.53%
Healthcare 9.72%
Services 23.14%
Technology 14.6%
Transportation 0%
Utilities

14 Sold Out Positions as of 12/31/2013

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
AETNA INC NEW COM -19,220 Sold Out 0
ARMSTRONG WORLD INDS INC NEW COM -4,313 Sold Out 0
CHIPOTLE MEXICAN GRILL INC COM -9,431 Sold Out 0
DELTA AIR LINES INC DEL COM NEW -12,086 Sold Out 0
FIRST AMERN FINL CORP COM -14,767 Sold Out 0
HEXCEL CORP NEW COM -7,194 Sold Out 0
ICU MED INC COM -9,607 Sold Out 0
INTREPID POTASH INC COM -1,613 Sold Out 0
LEAR CORP COM NEW -22,357 Sold Out 0
NAVISTAR INTL CORP NEW COM -14,485 Sold Out 0
ORACLE CORP COM -15,819 Sold Out 0
SILVER BAY RLTY TR CORP COM -5,857 Sold Out 0
TAUBMAN CTRS INC COM -1,731 Sold Out 0
UNITED CONTL HLDGS INC COM -12,024 Sold Out 0