KBW, INC. Information

787 SEVENTH AVENUE, NEW YORK, New York, 10019, (212) 887-7777

Report Date: 12/31/2012

Position Statistics:

Total Positions 154
New Positions 43
Increased Positions 73
Decreased Positions 77
Positions with Activity 150
Sold Out Positions 50
Total Mkt Value
(in $ millions)
109

Sector Weighting

Basic Materials 0%
Capital Goods 2.28%
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical
Energy
Financial 81.21%
Healthcare
Services 15.65%
Technology
Transportation
Utilities

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

77 DECREASED Positions as of 12/31/2012

Company Class Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) Shares Held
PARK STERLING CORP COM 4,334 -713 (14.12) 745,926
OFG BANCORP COM 2,886 -1,406 (32.76) 164,822
COLUMBIA BKG SYS INC COM 1,763 -87 (4.71) 81,000
FIRSTMERIT CORP COM 1,262 -1,821 (59.07) 69,250
PROASSURANCE CORP COM 1,255 -1,226 (49.43) 25,000
ANWORTH MORTGAGE ASSET CP COM 1,025 -289 (21.96) 177,700
ACE LIMITED SHS 988 -449 (31.25) 11,000
ESSA BANCORP INC COM 903 -59 (6.1) 84,513
M & T BK CORP COM 838 -524 (38.46) 8,000
EASTERN VA BANKSHARES INC COM 793 -98 (10.99) 151,055
MB FINANCIAL INC NEW COM 775 -1,614 (67.57) 30,000
FIRST CALIFORNIA FINANCIAL GRP COM NEW 710 -280 (28.3) 84,872
GLEACHER & CO INC COM 430 -263 (37.99) 605,697
KEYCORP NEW COM 426 -1,173 (73.33) 40,000
LINCOLN NATL CORP IND COM 345 -1,724 (83.33) 10,000
HAMPDEN BANCORP INC COM 318 -127 (28.5) 21,028
SIERRA BANCORP COM 275 -51 (15.67) 20,453
BERKSHIRE HILLS BANCORP INC COM 271 -948 (77.79) 10,000
BB&T CORP COM 246 -16 (6.25) 7,500
PROSPECT CAPITAL CORPORATION COM 238 -141 (37.14) 22,000

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