LAKEWOOD CAPITAL MANAGEMENT, LP Information

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

Report Date: 09/30/2014

Position Statistics

Total Positions 37
New Positions 9
Increased Positions 18
Decreased Positions 14
Positions with Activity 32
Sold Out Positions 5
Total Mkt Value (in $ millions) 1,470

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

Sector Weighting

Basic Materials 4%
Capital Goods 4.42%
Conglomerates 0.96%
Consumer Cyclical 4.71%
Consumer/Non-Cyclical
Energy 3.8%
Financial 14.55%
Healthcare 3.95%
Services 4.52%
Technology 29.84%
Transportation 3.51%
Utilities

37 Positions as of 09/30/2014

Company Class ▲ Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) Shares Held
ASHFORD HOSPITALITY TR INC 9% CUM PFD SER E 1,243 New 47,135
INGRAM MICRO INC CL A 123,650 16,925 15.86 4,870,031
NEWS CORP NEW CL A 38,743 New 2,595,000
ROCK-TENN CO CL A 7,075 -1,309 (15.62) 108,058
SONIC AUTOMOTIVE INC CL A 37,626 -6,250 (14.24) 1,444,925
TRIPLE-S MGMT CORP CL B 58,024 4,891 9.21 2,328,421
AMERICAN CAP LTD COM 80,294 43,117 115.98 5,642,600
CDW CORP COM 79,434 20,856 35.60 2,285,211
CIGNA CORPORATION COM -23,580 Sold Out 0
CITIZENS FINL GROUP INC COM 53,939 53,939 New 2,225,200
ENPRO INDS INC COM 51,686 New 860,433
FEDEX CORP COM 51,653 -6,916 (11.81) 298,764
GENERAL MTRS CO COM 69,260 5,803 9.15 2,088,647
GROUP 1 AUTOMOTIVE INC COM 17,782 -825 (4.43) 215,570
INTELSAT S A COM 43,972 4,399 11.12 2,769,022
LORAL SPACE & COMMUNICATNS INC COM -5,443 Sold Out 0
MAGNACHIP SEMICONDUCTOR CORP N COM 17,767 -10,871 (37.96) 1,255,650
MASONITE INTL CORP NEW COM 41,340 -7,853 (15.96) 650,110
MICRON TECHNOLOGY INC COM 112,348 7,806 7.47 3,781,484
NCR CORP NEW COM 80,881 4,775 6.27 3,184,298