PICTON MAHONEY ASSET MANAGEMENT Information

33 YONGE STREET, SUITE 830, TORONTO, , M5E 1G4, (416) 955-4108

Report Date: 12/31/2013

Position Statistics

Total Positions 433
New Positions 109
Increased Positions 179
Decreased Positions 192
Positions with Activity 371
Sold Out Positions 96
Total Mkt Value (in $ millions) 1,737

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

Sector Weighting

Basic Materials 8.55%
Capital Goods 5.01%
Conglomerates 0%
Consumer Cyclical 3.63%
Consumer/Non-Cyclical 3.8%
Energy 10.66%
Financial 15.28%
Healthcare 11.94%
Services 16.37%
Technology 19.61%
Transportation 3.1%
Utilities 1.24%

433 Positions as of 12/31/2013

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
GILEAD SCIENCES INC COM 48,797 1,666 3.54 697,100
HONEYWELL INTL INC COM 46,755 -4,311 (8.44) 502,200
PRAXAIR INC COM 45,637 45,637 New 346,100
INTERCEPT PHARMACEUTICALS INC COM 39,665 23,626 147.31 165,200
CIMAREX ENERGY CO COM 31,465 4,647 17.33 260,000
APPLE INC COM 29,449 2,756 10.32 56,100
DISCOVER FINL SVCS COM 26,326 7,705 41.37 463,000
GOOGLE INC CL A 25,754 54 .21 47,400
MARTIN MARIETTA MATLS INC COM 25,738 25,738 New 205,000
MICROSOFT CORP COM 25,554 25,554 New 638,700
GOOGLE INC CL C 25,411 54 .21 47,400
INFORMATICA CORP COM 25,276 -6,277 (19.9) 669,200
EOG RES INC COM 24,465 -3,606 (12.85) 238,800
CITIGROUP INC COM NEW 23,907 236 1.00 495,800
AMAZON COM INC COM 23,868 1,871 8.51 73,460
FULLER H B CO COM 23,867 582 2.50 512,600
NOBLE ENERGY INC COM 23,167 -8,439 (26.7) 311,300
UNION PAC CORP COM 23,054 -379 (1.62) 121,600
NORTHROP GRUMMAN CORP COM 21,826 1,440 7.06 178,900
PFIZER INC COM 21,332 21,192 15,065.59 705,200