LOCUST WOOD CAPITAL ADVISERS, LLC Information

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

Report Date: 03/31/2015

Position Statistics

Total Positions 59
New Positions 11
Increased Positions 30
Decreased Positions 27
Positions with Activity 57
Sold Out Positions 14
Total Mkt Value (in $ millions) 790

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

Sector Weighting

Basic Materials 3.81%
Capital Goods 3.1%
Conglomerates 0.2%
Consumer Cyclical 0%
Consumer/Non-Cyclical
Energy 2.29%
Financial 16.17%
Healthcare 15.25%
Services 38.29%
Technology 4.32%
Transportation 5.44%
Utilities 0.03%

59 Positions as of 03/31/2015

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
VALEANT PHARMACEUTICALS INTL I COM 67,955 20,189 42.27 297,733
LIBERTY INTERACTIVE CORP LBT VENT COM A 43,643 -259 (0.59) 1,118,770
LIBERTY GLOBAL PLC SHS CL C 41,238 10,198 32.85 807,007
JPMORGAN CHASE & CO COM 37,577 5,694 17.86 552,037
HOWARD HUGHES CORP COM 33,922 6,843 25.27 235,617
AMERICAN INTL GROUP INC WT EXP 011921 32,342 1,120 3.59 1,134,795
BANK NEW YORK MELLON CORP COM 31,976 26,117 445.83 758,075
LIBERTY BROADBAND CORP COM SER C 29,558 14,939 102.18 567,664
MCDONALDS CORP COM 29,446 8,303 39.27 307,500
MACQUARIE INFRASTRUCTURE CORP COM 28,581 6,019 26.68 347,115
GRACE W R & CO DEL NEW COM 28,220 9,267 48.90 279,900
LIBERTY INTERACTIVE CORP QVC GP COM SER A 27,545 -3,966 (12.59) 989,762
LEVEL 3 COMMUNICATIONS INC COM NEW 26,666 2,648 11.03 501,899
YUM BRANDS INC COM 25,833 -5,610 (17.84) 281,744
NORTHSTAR ASSET MGMT GROUP INC COM 24,694 1,230 5.24 1,351,597
LIBERTY MEDIA CORP DELAWARE COM SER C 24,212 167 .70 671,435
NORTHSTAR RLTY FIN CORP COM NEW 20,047 -6,447 (24.34) 1,261,588
DAVITA HEALTHCARE PARTNERS INC COM 18,792 55 .29 236,914
HONEYWELL INTL INC COM 17,750 6,701 60.64 172,595
BERKSHIRE HATHAWAY INC DEL CL A 17,128 New 83