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) 260

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

Sector Weighting

Basic Materials 7.54%
Capital Goods 3.51%
Conglomerates
Consumer Cyclical 3.8%
Consumer/Non-Cyclical 8.46%
Energy 8.03%
Financial 13.78%
Healthcare 10.28%
Services 17.19%
Technology 22.55%
Transportation 3.09%
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 6,817 -127 (1.83) 211,366
HEWLETT PACKARD CO COM 4,866 26 .54 130,378
UNITED THERAPEUTICS CORP DEL COM 4,583 922 25.17 36,365
MOLSON COORS BREWING CO CL B 4,476 New 63,065
BROCADE COMMUNICATIONS SYS INC COM NEW 4,459 63 1.44 409,439
DELTA AIR LINES INC DEL COM NEW 4,446 New 97,970
ASHLAND INC NEW COM 4,446 161 3.76 38,629
BEST BUY INC COM 4,373 819 23.06 122,257
JONES LANG LASALLE INC COM 4,243 New 29,946
APPLE INC COM 4,231 New 39,641
FLEXTRONICS INTL LTD ORD 4,231 84 2.03 392,813
PARTNERRE LTD COM 4,170 739 21.54 37,645
STAPLES INC COM 4,151 60 1.48 240,646
ALCOA INC COM 4,021 New 278,635
EXPRESS SCRIPTS HLDG CO COM 3,932 95 2.49 49,495
REINSURANCE GROUP AMER INC COM NEW 3,856 624 19.31 46,461
AMGEN INC COM 3,794 New 23,793
VERISIGN INC COM 3,779 250 7.10 68,044
INTERNATIONAL GAME TECHNOLOGY COM 3,710 New 220,043
ERIE INDTY CO CL A 3,639 280 8.35 41,007