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) 26

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 34.51%
Healthcare
Services 4.46%
Technology 61.04%
Transportation
Utilities

4 Sold Out Positions as of 12/31/2013

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
COMERICA INC COM -2,311 Sold Out 0
SEVERN BANCORP ANNAPOLIS MD COM -111 Sold Out 0
SHORE BANCSHARES INC COM -418 Sold Out 0
UNITED BANCSHARES INC OHIO COM -216 Sold Out 0