LAKEWOOD CAPITAL MANAGEMENT, LP Information

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

Report Date: 12/31/2014

Position Statistics

Total Positions 38
New Positions 6
Increased Positions 23
Decreased Positions 11
Positions with Activity 34
Sold Out Positions 4
Total Mkt Value (in $ millions) 1,645

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

Sector Weighting

Basic Materials 4.06%
Capital Goods 4.01%
Conglomerates 0.81%
Consumer Cyclical 4.74%
Consumer/Non-Cyclical
Energy 4.95%
Financial 16.05%
Healthcare 2.71%
Services 3.44%
Technology 25.57%
Transportation 2.91%
Utilities

23 INCREASED Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
INGRAM MICRO INC CL A 150,079 23,409 18.48 5,770,031
MICRON TECHNOLOGY INC COM 137,042 31,009 29.25 4,887,384
CITIGROUP INC COM NEW 118,917 5,068 4.45 2,229,000
AMERICAN CAP LTD COM 109,413 25,846 30.93 7,387,784
CDW CORP COM 93,685 4,859 5.47 2,410,211
TESORO CORP COM 81,370 19,313 31.12 911,300
GENERAL MTRS CO COM 78,025 4,901 6.70 2,228,647
CITIZENS FINL GROUP INC COM 66,130 7,741 13.26 2,520,200
AMERICAN AIRLS GROUP INC COM 65,332 65,332 New 1,389,900
ENPRO INDS INC COM 60,100 7,485 14.23 982,833
NORTHSTAR ASSET MGMT GROUP INC COM 53,967 15,893 41.74 2,563,750
SELECT INCOME REIT COM SH BEN INT 52,432 46,978 861.41 2,289,597
JETBLUE AIRWAYS CORP COM 47,829 47,829 New 2,235,000
MASONITE INTL CORP NEW COM 47,114 2,731 6.15 690,110
TRIPLE-S MGMT CORP CL B 44,649 153 .34 2,336,421
TRINSEO S A SHS 43,837 1,092 2.55 2,008,120
INTELSAT S A COM 36,898 2,617 7.64 2,980,427
ORION ENGINEERED CARBONS S A COM 35,039 5,735 19.57 1,751,052
RF MICRODEVICES INC COM 25,383 25,383 New 1,530,000
RCS CAP CORP COM CL A 13,378 1,782 15.37 1,651,620