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) 108

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 4.19%
Financial 49.41%
Healthcare 12.93%
Services 4.51%
Technology 0.75%
Transportation 0%
Utilities 7.78%

26 Positions as of 12/31/2014

Company Class ▲ Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) Shares Held
DIREXION SHS ETF TR 20YR TRES BEAR -2,692 Sold Out 0
ALTISOURCE RESIDENTIAL CORP CL B 38 38 New 2,000
ACTIVISION BLIZZARD INC COM 812 812 New 35,000
AMERICAN AIRLS GROUP INC COM 2,937 -5,140 (63.64) 60,000
AMERICAN CAP MTG INVT CORP COM 651 New 37,000
ARCH COAL INC COM 65 65 New 65,000
BANK AMER CORP COM 3,781 3,781 New 230,000
DIAMOND RESORTS INTL INC COM 13,907 175 1.27 431,500
DYNEGY INC NEW DEL COM 8,369 8,369 New 245,000
GILEAD SCIENCES INC COM -4,755 Sold Out 0
HOME BANCSHARES INC COM 20,881 New 637,389
ITT EDUCATIONAL SERVICES INC COM 329 -94 (22.2) 72,569
PACIRA PHARMACEUTICALS INC COM 13,909 4,908 54.53 208,000
PENNYMAC MTG INVT TR COM 2,563 New 123,500
REPUBLIC AWYS HLDGS INC COM -2,652 Sold Out 0
SYNCHRONY FINL COM -6,025 Sold Out 0
THL CR INC COM 659 New 54,600
TWO HBRS INVT CORP COM 318 New 30,000
WESTMORELAND COAL CO COM 4,442 -535 (10.75) 155,000
AMBAC FINL GROUP INC COM NEW 15,846 -2,205 (12.22) 691,959