KEY COLONY MANAGEMENT, LLC Information

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

Report Date: 12/31/2014

Position Statistics

Total Positions 26
New Positions 6
Increased Positions 9
Decreased Positions 11
Positions with Activity 20
Sold Out Positions 5
Total Mkt Value (in $ millions) 112

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 3.76%
Financial 47.97%
Healthcare 16.48%
Services 4.52%
Technology 0.71%
Transportation 0%
Utilities 6.87%

26 Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) ▲ Shares Held
CALPINE CORP COM NEW -3,259 Sold Out 0
DIREXION SHS ETF TR 20YR TRES BEAR -2,296 Sold Out 0
GILEAD SCIENCES INC COM -4,416 Sold Out 0
REPUBLIC AWYS HLDGS INC COM -3,125 Sold Out 0
SYNCHRONY FINL COM -5,767 Sold Out 0
AMERICAN AIRLS GROUP INC COM 3,167 -5,542 (63.64) 60,000
CITIGROUP INC COM NEW 6,955 -9,531 (57.81) 135,000
ITT EDUCATIONAL SERVICES INC COM 493 -141 (22.2) 72,569
AMBAC FINL GROUP INC COM NEW 16,745 -2,330 (12.22) 691,959
WESTMORELAND COAL CO COM 4,148 -499 (10.75) 155,000
CHC GROUP LTD SHS 23 -3 (10.53) 17,000
ACTIVISION BLIZZARD INC COM 795 795 New 35,000
ALTISOURCE RESIDENTIAL CORP CL B 42 42 New 2,000
AMERICAN CAP MTG INVT CORP COM 665 New 37,000
ARCH COAL INC COM 65 65 New 65,000
BANK AMER CORP COM 3,540 3,540 New 230,000
DYNEGY INC NEW DEL COM 7,700 7,700 New 245,000
HOME BANCSHARES INC COM 21,601 New 637,389
NEW RESIDENTIAL INVT CORP COM NEW 4,471 New 297,472
PENNYMAC MTG INVT TR COM 2,629 New 123,500