GARGOYLE INVESTMENT ADVISOR L.L.C. Information

285 GRAND AVENUE, BLDG. 1, ENGLEWOOD, New Jersey, 07631, (201) 227-2200

Report Date: 09/30/2014

Position Statistics

Total Positions 164
New Positions 20
Increased Positions 63
Decreased Positions 37
Positions with Activity 100
Sold Out Positions 23
Total Mkt Value (in $ millions) 277

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

Sector Weighting

Basic Materials 7.86%
Capital Goods 3.74%
Conglomerates
Consumer Cyclical 3.77%
Consumer/Non-Cyclical 7.86%
Energy 9.33%
Financial 13.53%
Healthcare 9.83%
Services 17.15%
Technology 22.35%
Transportation 2.91%
Utilities 0%

164 Positions as of 09/30/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
PILGRIMS PRIDE CORP NEW COM 6,666 -124 (1.83) 211,366
HEWLETT PACKARD CO COM 4,906 26 .54 130,378
ALCOA INC COM 4,840 New 278,635
MOLSON COORS BREWING CO CL B 4,835 New 63,065
UNITED THERAPEUTICS CORP DEL COM 4,775 960 25.17 36,365
BEST BUY INC COM 4,696 880 23.06 122,257
BROCADE COMMUNICATIONS SYS INC COM NEW 4,668 66 1.44 409,439
APPLE INC COM 4,662 New 39,641
PARTNERRE LTD COM 4,389 778 21.54 37,645
ASHLAND INC NEW COM 4,360 158 3.76 38,629
FLEXTRONICS INTL LTD ORD 4,358 87 2.03 392,813
DELTA AIR LINES INC DEL COM NEW 4,319 New 97,970
JONES LANG LASALLE INC COM 4,292 New 29,946
VERISIGN INC COM 4,074 270 7.10 68,044
EXPRESS SCRIPTS HLDG CO COM 4,035 98 2.49 49,495
REINSURANCE GROUP AMER INC COM NEW 4,027 652 19.31 46,461
AMGEN INC COM 3,860 New 23,793
LEGG MASON INC COM 3,827 New 67,498
TYSON FOODS INC CL A 3,799 New 91,749
WESTERN REFNG INC COM 3,772 189 5.27 87,950