KINGSTOWN CAPITAL MANAGEMENT L.P. Information

100 PARK AVENUE, 21ST FLOOR, NEW YORK, New York, 10017, (212) 319-1309

Report Date: 12/31/2014

Position Statistics

Total Positions 18
New Positions 2
Increased Positions 7
Decreased Positions 4
Positions with Activity 11
Sold Out Positions 1
Total Mkt Value (in $ millions) 735

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

Sector Weighting

Basic Materials
Capital Goods 21.19%
Conglomerates 5.38%
Consumer Cyclical 8.47%
Consumer/Non-Cyclical
Energy 9.86%
Financial 0%
Healthcare 1.64%
Services 17.21%
Technology 5.49%
Transportation
Utilities

18 Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
GENCORP INC COM 78,000 5,200 7.14 3,750,000
SPIRIT AEROSYSTEMS HLDGS INC COM CL A 77,820 New 1,500,000
NEWS CORP NEW CL A 77,650 15,530 25 5,000,000
MCDERMOTT INTL INC TANGIB EQ UNIT 72,500 27,188 60 4,000,000
NATIONAL GEN HLDGS CORP COM 63,278 New 3,250,000
GENERAL MTRS CO COM 62,283 5,339 9.38 1,750,000
TRIBUNE MEDIA CO CL A 49,011 49,011 New 850,000
NAVIENT CORP COM 45,630 New 2,250,000
BABCOCK & WILCOX CO NEW COM 40,400 -24,240 (37.5) 1,250,000
SUNCOKE ENERGY INC COM 39,566 4,706 13.50 2,270,000
AMERICAN RLTY CAP PPTYS INC COM 36,480 36,480 New 4,000,000
LIBERTY MEDIA CORP DELAWARE COM SER C 27,251 New 700,000
CITIZENS FINL GROUP INC COM 25,570 New 1,000,000
LIBERTY MEDIA CORP DELAWARE CL A 13,790 New 350,000
QLT INC COM 12,025 New 3,250,000
LIBERTY BROADBAND CORP COM SER C 9,334 (0) 174,999
LIBERTY BROADBAND CORP COM SER A 4,666 (0) 87,499
OCWEN FINL CORP COM NEW -34,830 Sold Out 0