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) 326

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 57.36%
Healthcare
Services 21.98%
Technology 11.97%
Transportation 6.77%
Utilities

28 Positions as of 03/31/2015

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
VIPSHOP HLDGS LTD SPONSORED ADR 42,822 7,291 20.52 1,433,600
BANK NEW YORK MELLON CORP COM 42,563 7,077 19.94 999,600
WELLS FARGO & CO NEW COM 38,868 9,535 32.50 708,500
CAPITAL ONE FINL CORP COM 34,062 8,489 33.20 416,100
GOLDMAN SACHS GROUP INC COM 30,494 339 1.12 153,000
TJX COS INC NEW COM 28,137 6,686 31.17 424,200
US BANCORP DEL COM NEW 23,183 9,172 65.47 541,400
COSTCO WHSL CORP NEW COM 22,095 22,095 New 150,000
BB&T CORP COM 16,265 7,750 91.02 429,600
GOOGLE INC CL A 13,937 223 1.63 25,000
GOOGLE INC CL C 13,675 219 1.63 25,000
BAIDU INC SPON ADR REP A 10,296 7,409 256.62 48,500
TUNIU CORP SPONSORED ADS CL 5,544 -3,562 (39.12) 350,000
ICICI BK LTD ADR 966 -1,606 (62.44) 93,900
HDFC BANK LTD ADR REPS 3 SHS 701 -1,636 (70) 12,300
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 637 -882 (58.08) 26,200
ALIBABA GROUP HLDG LTD SPONSORED ADS 518 -1,621 (75.77) 6,300
INFOSYS LTD SPONSORED ADR 503 -615 (55) 14,400
DISNEY WALT CO COM DISNEY 305 New 2,800
CVS HEALTH CORP COM 303 New 3,000