HORSEMAN CAPITAL MANAGEMENT LTD Information

9 CHESTER CLOSE, LONDON, , SW1X 7BE, (4207) 838-7580

Report Date: 03/31/2015

Position Statistics

Total Positions 28
New Positions 2
Increased Positions 13
Decreased Positions 13
Positions with Activity 26
Sold Out Positions 5
Total Mkt Value (in $ millions) 316

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

Sector Weighting

Basic Materials 0.01%
Capital Goods
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical
Energy
Financial 61.12%
Healthcare
Services 18.46%
Technology 11.81%
Transportation 6.46%
Utilities

28 Positions as of 03/31/2015

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
BANK NEW YORK MELLON CORP COM 41,773 6,945 19.94 999,600
WELLS FARGO & CO NEW COM 40,200 9,861 32.50 708,500
CAPITAL ONE FINL CORP COM 36,750 9,159 33.20 416,100
GOLDMAN SACHS GROUP INC COM 32,008 356 1.12 153,000
VIPSHOP HLDGS LTD SPONSORED ADR 29,288 4,987 20.52 1,433,600
TJX COS INC NEW COM 28,337 6,733 31.17 424,200
US BANCORP DEL COM NEW 23,616 9,343 65.47 541,400
COSTCO WHSL CORP NEW COM 20,459 20,459 New 150,000
BB&T CORP COM 17,347 8,266 91.02 429,600
GOOGLE INC CL A 13,684 219 1.63 25,000
GOOGLE INC CL C 13,085 209 1.63 25,000
BAIDU INC SPON ADR REP A 9,556 6,876 256.62 48,500
TUNIU CORP SPONSORED ADS CL 6,076 -3,904 (39.12) 350,000
ICICI BK LTD ADR 977 -1,623 (62.44) 93,900
HDFC BANK LTD ADR REPS 3 SHS 758 -1,769 (70) 12,300
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 607 -840 (58.08) 26,200
ALIBABA GROUP HLDG LTD SPONSORED ADS 517 -1,617 (75.77) 6,300
INFOSYS LTD SPONSORED ADR 460 -562 (55) 28,800
DISNEY WALT CO COM DISNEY 322 New 2,800
CVS HEALTH CORP COM 317 New 3,000