HOVDE CAPITAL ADVISORS LLC Information

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

Report Date: 12/31/2013

Position Statistics

Total Positions 16
New Positions 4
Increased Positions 6
Decreased Positions 7
Positions with Activity 13
Sold Out Positions 0
Total Mkt Value (in $ millions) 31

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 30%
Healthcare
Services 3.82%
Technology 66.18%
Transportation
Utilities

6 INCREASED Positions as of 12/31/2013

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
FIRST BUS FINL SVCS INC WIS COM 1,127 127 12.67 24,867
BIOMED REALTY TRUST INC COM 606 100 19.75 27,662
INTERVEST BANCSHARES CORP COM 411 411 New 41,093
NORTHSTAR RLTY FIN CORP PFD B 8.25% 332 332 New 13,413
NORTHSTAR RLTY FIN CORP PFD SER C % 259 259 New 10,169
HAWTHORN BANCSHARES INC COM 205 205 New 14,411