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 47.31%
Healthcare 17.68%
Services 4.54%
Technology 0.71%
Transportation 0%
Utilities 5.91%

26 Positions as of 12/31/2014

Company ▲ Class Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) Shares Held
ACTIVISION BLIZZARD INC COM 803 803 New 35,000
ALTISOURCE RESIDENTIAL CORP CL B 42 42 New 2,000
AMBAC FINL GROUP INC COM NEW 17,064 -2,374 (12.22) 691,959
AMERICAN AIRLS GROUP INC COM 2,937 -5,140 (63.64) 60,000
AMERICAN CAP MTG INVT CORP COM 682 New 37,000
ARCH COAL INC COM 75 75 New 65,000
BANK AMER CORP COM 3,643 3,643 New 230,000
CALPINE CORP COM NEW -2,958 Sold Out 0
CHC GROUP LTD SHS 37 -4 (10.53) 17,000
CITIGROUP INC COM NEW 7,245 -9,929 (57.81) 135,000
DIAMOND RESORTS INTL INC COM 14,999 188 1.27 431,500
DIREXION SHS ETF TR 20YR TRES BEAR -2,565 Sold Out 0
DYNEGY INC NEW DEL COM 6,637 6,637 New 245,000
GILEAD SCIENCES INC COM -4,638 Sold Out 0
HOME BANCSHARES INC COM 19,944 New 637,389
ITT EDUCATIONAL SERVICES INC COM 535 -153 (22.2) 72,569
NEW RESIDENTIAL INVT CORP COM NEW 4,569 New 297,472
NEW YORK MTG TR INC COM PAR $.02 1,616 1,188 277.78 204,000
PACIRA PHARMACEUTICALS INC COM 19,841 7,002 54.53 208,000
PENNYMAC MTG INVT TR COM 2,594 New 123,500