ELM RIDGE MANAGEMENT, LLC Information

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

Report Date: 03/31/2015

Position Statistics

Total Positions 32
New Positions 2
Increased Positions 8
Decreased Positions 24
Positions with Activity 32
Sold Out Positions 4
Total Mkt Value (in $ millions) 555

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

Sector Weighting

Basic Materials 2.73%
Capital Goods 2.86%
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical 4.4%
Energy 17.82%
Financial 29.23%
Healthcare 9.83%
Services 27.21%
Technology 5.93%
Transportation
Utilities

32 Positions as of 03/31/2015

Company Class Value of Shares ($1,000s) Change in Value ($1,000s) ▲ Change (%) Shares Held
BOSTON SCIENTIFIC CORP COM -27,762 Sold Out 0
NEWFIELD EXPL CO COM -24,567 Sold Out 0
DOMTAR CORP COM NEW -19,595 Sold Out 0
INTERPUBLIC GROUP COS INC COM -19,160 Sold Out 0
AMERICAN INTL GROUP INC COM NEW 31,073 -8,438 (21.36) 484,606
SUPERVALU INC COM 11,139 -7,962 (41.69) 1,208,120
MBIA INC COM 25,351 -6,480 (20.36) 4,260,631
DONNELLEY R R & SONS CO COM 40,441 -3,082 (7.08) 2,304,325
ASSURED GUARANTY LTD COM 37,800 -2,452 (6.09) 1,545,376
CARNIVAL CORP PAIRED CTF 30,409 -1,882 (5.83) 570,635
LILLY ELI & CO COM 30,210 -1,859 (5.8) 357,478
ALCOA INC COM 15,177 -1,645 (9.78) 1,537,725
QUAD / GRAPHICS INC COM CL A 11,506 -1,615 (12.31) 699,440
GOLDMAN SACHS GROUP INC COM 24,364 -1,524 (5.89) 118,806
DEAN FOODS CO NEW COM NEW 24,411 -1,521 (5.87) 1,371,386
MERCK & CO INC NEW COM 24,389 -1,512 (5.84) 413,645
CITIGROUP INC COM NEW 23,628 -1,479 (5.89) 404,182
ASCENA RETAIL GROUP INC COM 21,356 -1,330 (5.86) 1,705,766
JABIL CIRCUIT INC COM 18,547 -1,161 (5.89) 915,877
TERADYNE INC COM 14,365 -899 (5.89) 745,843