LOCUST WOOD CAPITAL ADVISERS, LLC Information

1540 BROADWAY, NEW YORK, New York, 10036, (212) 354-0193

Report Date: 09/30/2014

Position Statistics

Total Positions 59
New Positions 12
Increased Positions 32
Decreased Positions 25
Positions with Activity 57
Sold Out Positions 12
Total Mkt Value (in $ millions) 722

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

Sector Weighting

Basic Materials 5.84%
Capital Goods
Conglomerates
Consumer Cyclical 1.73%
Consumer/Non-Cyclical 1.47%
Energy 6.8%
Financial 17.58%
Healthcare 5.34%
Services 37.63%
Technology 6.89%
Transportation 1.89%
Utilities 0%

59 Positions as of 09/30/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
LIBERTY INTERACTIVE CORP INT COM SER A 36,934 5,166 16.26 1,330,969
WYNDHAM WORLDWIDE CORP COM 32,492 -1,736 (5.07) 379,754
NORTHSTAR RLTY FIN CORP COM NEW 31,809 31,809 New 1,672,405
HOWARD HUGHES CORP COM 28,421 6,412 29.13 217,767
MICROSOFT CORP COM 27,088 3,484 14.76 644,807
JPMORGAN CHASE & CO COM 26,958 4,331 19.14 484,252
NORTHSTAR ASSET MGMT GROUP INC COM 26,806 26,806 New 1,241,605
OAKTREE CAP GROUP LLC UNIT CL A 24,131 454 1.92 432,452
AMERICAN INTL GROUP INC WT EXP 011921 23,145 45 .20 1,062,660
APPLE INC COM 22,661 -2,156 (8.69) 190,592
STARWOOD WAYPOINT RESIDENTL TR COM SHS 21,504 3,759 21.19 877,731
AMERICAN AIRLS GROUP INC COM 20,884 -1,442 (6.46) 399,775
GRACE W R & CO DEL NEW COM 20,650 4,439 27.38 242,910
LIBERTY MEDIA CORP DELAWARE COM SER C 19,674 2,031 11.51 572,428
EASTMAN CHEM CO COM 18,981 3,673 24.00 276,530
LIBERTY GLOBAL PLC SHS CL C 18,943 18,943 New 417,890
BERKSHIRE HATHAWAY INC DEL CL A 18,260 New 83
DAVITA HEALTHCARE PARTNERS INC COM 18,133 -5,805 (24.25) 238,154
MORGAN STANLEY COM NEW 17,508 52 .30 509,385
ALLY FINL INC COM 17,373 3,319 23.61 887,285