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 33.62%
Healthcare
Services 4.5%
Technology 61.88%
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 1,135 128 12.67 24,867
BIOMED REALTY TRUST INC COM 621 102 19.75 27,662
INTERVEST BANCSHARES CORP COM 394 394 New 41,093
NORTHSTAR RLTY FIN CORP PFD B 8.25% 336 336 New 13,413
NORTHSTAR RLTY FIN CORP PFD SER C % 259 259 New 10,169
HAWTHORN BANCSHARES INC COM 194 194 New 14,411