KINGSTOWN CAPITAL MANAGEMENT L.P. Information

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

Report Date: 03/31/2014

Position Statistics

Total Positions 31
New Positions 7
Increased Positions 16
Decreased Positions 12
Positions with Activity 28
Sold Out Positions 7
Total Mkt Value (in $ millions) 836

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

Sector Weighting

Basic Materials
Capital Goods 23.94%
Conglomerates 3.88%
Consumer Cyclical 6.57%
Consumer/Non-Cyclical
Energy 1.13%
Financial 5.45%
Healthcare 2.37%
Services 26.23%
Technology 6.69%
Transportation
Utilities

28 Activity Positions as of 03/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
NEWS CORP NEW CL A 84,764 4,461 5.56 4,750,000
SPIRIT AEROSYSTEMS HLDGS INC COM CL A 66,740 8,343 14.29 2,000,000
BABCOCK & WILCOX CO NEW COM 55,860 -1,596 (2.78) 1,750,000
NATIONAL GEN HLDGS CORP COM 55,050 55,050 New 3,000,000
GENERAL MTRS CO COM 54,896 3,250 6.29 1,600,000
AMERICAN HOMES 4 RENT CL A 51,688 21,229 69.70 2,800,000
FOREST CITY ENTERPRISES INC CL A 47,555 44,158 1,300 2,450,000
AMERICAN RLTY CAP PPTYS INC COM 43,030 -3,310 (7.14) 3,250,000
VODAFONE GROUP PLC NEW SPNSR ADR NO PAR 42,938 1,718 4.17 1,250,000
NATIONAL OILWELL VARCO INC COM 40,865 40,865 New 500,000
OCWEN FINL CORP COM NEW 34,660 34,660 New 1,000,000
SUNCOKE ENERGY INC COM 32,424 -13,896 (30) 1,400,000
VERIZON COMMUNICATIONS INC COM 31,056 14,721 90.12 600,000
RYMAN HOSPITALITY PPTYS INC COM 29,052 -12,105 (29.41) 600,000
LIBERTY MEDIA CORP DELAWARE COM SER C 28,692 4,782 20 600,000
LIBERTY MEDIA CORP DELAWARE CL A 14,517 2,420 20 300,000
TOWER GROUP INTL LTD COM 10,841 10,841 New 4,950,000
SEARS HLDGS CORP COM 9,858 9,858 New 250,000
MCDERMOTT INTL INC COM 9,450 -26,460 (73.68) 1,250,000
NOW INC COM 4,135 4,135 New 125,000