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

38 Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) Shares Held ▲
FEDEX CORP COM -50,733 Sold Out 0
GROUP 1 AUTOMOTIVE INC COM -17,118 Sold Out 0
SINA CORP ORD -16,568 Sold Out 0
ZILLOW GROUP INC CL A -3,586 Sold Out 0
ASHFORD HOSPITALITY TR INC 9% CUM PFD SER E 1,240 New 47,135
CURRENCYSHARES EURO TR EURO SHS 9,945 New 90,383
ROCK-TENN CO CL A 6,665 New 108,058
SONIC AUTOMOTIVE INC CL A 2,987 -31,374 (91.31) 125,602
CDK GLOBAL INC COM 12,490 12,490 New 255,000
AMERICAN INTL GROUP INC COM NEW 25,767 New 444,253
TRIQUINT SEMICONDUCTOR INC COM 12,673 12,673 New 460,000
BARCLAYS BK PLC IPATH S&P MT ETN 6,047 -18,426 (75.29) 509,000
NEWS CORP NEW CL B 8,278 8,278 New 520,000
MASONITE INTL CORP NEW COM 47,114 2,731 6.15 690,110
MAGNACHIP SEMICONDUCTOR CORP N COM 3,794 -2,584 (40.52) 746,894
TESORO CORP COM 81,370 19,313 31.12 911,300
ENPRO INDS INC COM 60,100 7,485 14.23 982,833
ORACLE CORP COM 46,882 -45,677 (49.35) 1,067,437
SPIRIT AEROSYSTEMS HLDGS INC COM CL A 65,925 -8,264 (11.14) 1,276,377
AMERICAN AIRLS GROUP INC COM 65,332 65,332 New 1,389,900