ELM RIDGE MANAGEMENT, LLC Information

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

Report Date: 03/31/2014

Position Statistics

Total Positions 59
New Positions 3
Increased Positions 26
Decreased Positions 29
Positions with Activity 55
Sold Out Positions 17
Total Mkt Value (in $ millions) 868

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

Sector Weighting

Basic Materials 7.24%
Capital Goods 7.73%
Conglomerates
Consumer Cyclical 0%
Consumer/Non-Cyclical
Energy 13.7%
Financial 26.28%
Healthcare 10.87%
Services 19.01%
Technology 15.16%
Transportation
Utilities

59 Positions as of 03/31/2014

Company Class ▲ Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) Shares Held
ABERCROMBIE & FITCH CO CL A 7,894 -3,159 (28.58) 205,197
UNDER ARMOUR INC CL A -14,359 Sold Out 0
BLACKHAWK NETWORK HLDGS INC CL B -3,799 Sold Out 0
AEROPOSTALE COM 7,078 3,817 117.07 2,254,065
ALCOA INC COM 42,119 613 1.48 2,476,141
APACHE CORP COM 29,867 29,867 New 294,921
APPLIED MATLS INC COM 23,840 2,174 10.04 1,116,127
ASSURED GUARANTY LTD COM 43,724 6,896 18.73 1,890,368
AVALONBAY CMNTYS INC COM 3,875 New 25,800
BANK OF AMERICA CORPORATION COM -21,165 Sold Out 0
BOISE CASCADE CO DEL COM 13,524 New 454,725
BOSTON SCIENTIFIC CORP COM 22,594 -7,244 (24.28) 1,742,012
CABELAS INC COM -5,752 Sold Out 0
CLIFFS NAT RES INC COM -4,347 Sold Out 0
CONCUR TECHNOLOGIES INC COM 7,379 -4,003 (35.17) 81,287
CORNING INC COM 29,778 1,181 4.13 1,350,489
DIGITAL RLTY TR INC COM -4,774 Sold Out 0
DONNELLEY R R & SONS CO COM 48,786 13,945 40.02 3,013,371
DOUGLAS EMMETT INC COM 5,746 -585 (9.23) 196,585
FAIRCHILD SEMICONDUCTOR INTL COM 13,859 4,366 45.99 889,524