ELM RIDGE MANAGEMENT, LLC Information

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

Report Date: 09/30/2014

Position Statistics

Total Positions 37
New Positions 3
Increased Positions 25
Decreased Positions 12
Positions with Activity 37
Sold Out Positions 7
Total Mkt Value (in $ millions) 784

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

Sector Weighting

Basic Materials 7.43%
Capital Goods 5.18%
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical 3.13%
Energy 4.79%
Financial 31.69%
Healthcare 12.04%
Services 25.51%
Technology 10.23%
Transportation
Utilities

37 Positions as of 09/30/2014

Company Class Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) Shares Held ▲
ABERCROMBIE & FITCH CO CL A -10,491 Sold Out 0
APPLIED MATLS INC COM -18,818 Sold Out 0
FAIRCHILD SEMICONDUCTOR INTL COM -19,174 Sold Out 0
INTL PAPER CO COM -17,074 Sold Out 0
KOHLS CORP COM -25,812 Sold Out 0
VERITIV CORP COM -300 Sold Out 0
WEATHERFORD INTL PLC ORD SHS -11,969 Sold Out 0
RESTORATION HARDWARE HLDGS INC COM 7,589 7,589 New 78,131
GOLDMAN SACHS GROUP INC COM 27,233 89 .33 139,298
LOCKHEED MARTIN CORP COM 40,621 6,046 17.49 207,494
ANTHEM INC COM 33,168 108 .33 261,285
APACHE CORP COM 18,096 59 .33 276,563
MERCK & CO INC NEW COM 22,678 -6,486 (22.24) 396,391
CARNIVAL CORP PAIRED CTF 18,864 61 .33 416,424
NEWFIELD EXPL CO COM 12,645 -4,801 (27.52) 447,607
CITIGROUP INC COM NEW 25,789 84 .33 473,896
POPULAR INC COM NEW 16,401 53 .33 488,269
ULTRA PETROLEUM CORP COM 6,768 6,768 New 490,095
DOMTAR CORP COM NEW 21,526 6,166 40.14 531,763
LILLY ELI & CO COM 40,931 6,815 19.98 586,915