KEY COLONY MANAGEMENT, LLC Information

10825 FINANCIAL CENTRE PARKWAY, LITTLE ROCK, Arkansas, 72211, (501) 219-2003

Report Date: 12/31/2013

Position Statistics

Total Positions 24
New Positions 5
Increased Positions 7
Decreased Positions 10
Positions with Activity 17
Sold Out Positions 5
Total Mkt Value (in $ millions) 122

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 66.21%
Healthcare 0.2%
Services 8.44%
Technology
Transportation
Utilities

24 Positions as of 12/31/2013

Company Class Value of Shares ($1,000s) Change in Value ($1,000s) ▲ Change (%) Shares Held
CITIGROUP INC COM NEW 1,543 -23,531 (93.85) 32,000
LAS VEGAS SANDS CORP COM -12,234 Sold Out 0
SLM CORP COM 3,865 -8,322 (68.29) 149,045
DFC GLOBAL CORP COM 5,126 -5,254 (50.62) 544,179
DIREXION SHS ETF TR 20YR TRES BEAR 5,530 -3,285 (37.27) 101,000
UNITED RENTALS INC COM -2,804 Sold Out 0
PENNYMAC MTG INVT TR COM 2,935 -1,728 (37.07) 126,500
ELLINGTON FINANCIAL LLC COM -1,238 Sold Out 0
OPKO HEALTH INC COM -982 Sold Out 0
GENERAL COMMUNICATION INC CL A -43 Sold Out 0
AMERICAN CAP MTG INVT CORP COM 713 New 37,000
HOME BANCSHARES INC COM 23,972 New 714,730
LIPOSCIENCE INC COM 241 New 75,200
NEW RESIDENTIAL INVT CORP COM 5,030 New 790,913
NEW YORK MTG TR INC COM PAR $.02 393 New 54,000
THL CR INC COM 759 New 55,100
TWO HBRS INVT CORP COM 305 New 30,000
MULTIMEDIA GAMES HLDG CO INC COM 138 138 New 5,000
CAPITAL CITY BK GROUP INC COM 189 189 New 13,618
DIAMOND RESORTS INTL INC COM 5,577 2,542 83.79 306,926