HOVDE CAPITAL ADVISORS LLC Information

122 W. WASHINGTON AVENUE, MADISON, Wisconsin, 53703, (202) 822-8117

Report Date: 12/31/2013

Position Statistics

Total Positions 20
New Positions 4
Increased Positions 6
Decreased Positions 11
Positions with Activity 17
Sold Out Positions 4
Total Mkt Value (in $ millions) 27

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

Sector Weighting

Basic Materials
Capital Goods
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical
Energy
Financial 34.6%
Healthcare
Services 4.37%
Technology 61.03%
Transportation
Utilities

11 DECREASED Positions as of 12/31/2013

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
EPLUS INC COM 16,291 -175 (1.06) 285,704
CAPITAL ONE FINL CORP COM 2,324 -84 (3.49) 27,641
OCEAN SHORE HLDG CO NEW COM 976 -29 (2.9) 68,833
POPULAR INC COM NEW 843 -612 (42.06) 26,037
KEYCORP NEW COM 629 -1,074 (63.08) 45,048
HERITAGE COMMERCE CORP COM 364 -72 (16.55) 43,304
BENEFICIAL MUTUAL BANCORP INC COM 148 -1,309 (89.87) 11,153
COMERICA INC COM -2,363 Sold Out 0
SEVERN BANCORP ANNAPOLIS MD COM -115 Sold Out 0
SHORE BANCSHARES INC COM -416 Sold Out 0
UNITED BANCSHARES INC OHIO COM -215 Sold Out 0