LAKEWOOD CAPITAL MANAGEMENT, LP Information

650 MADISON AVENUE, 25TH FLOOR, NEW YORK, New York, 10022, (212) 584-2211

Report Date: 12/31/2015

Position Statistics

Total Positions 48
New Positions 5
Increased Positions 15
Decreased Positions 24
Positions with Activity 39
Sold Out Positions 9
Total Mkt Value (in $ millions) 2,329

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

Sector Weighting

Basic Materials 1.3%
Capital Goods 0.67%
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical
Energy 1.73%
Financial 22.66%
Healthcare 11.5%
Services 18.69%
Technology 14.4%
Transportation 10.34%
Utilities

39 Activity Positions as of 12/31/2015

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
TIME WARNER CABLE INC COM 259,265 19,625 8.19 1,229,966
FEDEX CORP COM 191,337 17,394 10 1,155,000
HCA HOLDINGS INC COM 164,830 48,501 41.69 2,011,097
COMCAST CORP NEW CL A 151,239 17,122 12.77 2,473,249
BAIDU INC SPON ADR REP A 144,939 -50,783 (25.95) 779,159
CITIGROUP INC COM NEW 139,372 -1,636 (1.16) 2,982,500
INGRAM MICRO INC CL A 136,423 -75,992 (35.78) 3,886,687
CITIZENS FINL GROUP INC COM 125,152 31,258 33.29 5,385,200
MASTERCARD INC CL A 112,030 -31,584 (21.99) 1,152,812
WESTROCK CO COM 105,973 34,435 48.14 2,538,272
AMERICAN CAP LTD COM 99,146 -37,290 (27.33) 6,367,784
ALLERGAN PLC SHS 88,499 42,236 91.30 404,382
INTERCONTINENTAL EXCHANGE INC COM 80,030 -2,649 (3.21) 332,267
AMERICAN INTL GROUP INC COM NEW 72,336 837 1.17 1,295,640
TRINSEO S A SHS 63,682 -7,337 (10.33) 1,475,490
ORACLE CORP COM 53,971 -13,107 (19.54) 1,338,237
UNION PAC CORP COM 40,529 -17,702 (30.4) 457,900
TESORO CORP COM 40,406 -24,279 (37.54) 474,300
QORVO INC COM 21,745 21,745 New 474,462
SPIRIT AEROSYSTEMS HLDGS INC COM CL A 15,605 -36,136 (69.84) 318,602