PINE RIVER CAPITAL MANAGEMENT L.P. Information

601 CARLSON PARKWAY, MINNETONKA, Minnesota, 55305, (612) 238-3300

Report Date: 12/31/2013

Position Statistics

Total Positions 511
New Positions 234
Increased Positions 322
Decreased Positions 152
Positions with Activity 474
Sold Out Positions 99
Total Mkt Value (in $ millions) 4,010

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

Sector Weighting

Basic Materials 0.74%
Capital Goods 3.23%
Conglomerates 0.9%
Consumer Cyclical 7.86%
Consumer/Non-Cyclical 0.36%
Energy 8.53%
Financial 37.72%
Healthcare 2.82%
Services 20.89%
Technology 7.97%
Transportation 0.61%
Utilities 0.37%

322 INCREASED Positions as of 12/31/2013

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
AMERICAN CAPITAL AGENCY CORP COM 318,197 161,074 102.51 14,542,825
GENERAL MTRS CO WT EXP 071019 229,038 44,889 24.38 13,957,192
AMERICAN CAP LTD COM 195,457 16,556 9.25 13,332,644
ANNALY CAP MGMT INC COM 190,848 190,848 New 16,964,268
ISHARES IBOXX HI YD ETF 97,800 30,869 46.12 1,039,100
GENERAL MTRS CO WT EXP 071016 74,295 5,385 7.82 3,068,766
SELECT SECTOR SPDR TR SBI INT-FINL 69,073 69,073 New 3,159,800
WALTER INVT MGMT CORP COM 68,869 17,416 33.85 2,438,700
ALLSTATE CORP COM 63,299 22,303 54.41 1,134,996
AMERICAN INTL GROUP INC COM NEW 56,650 24,859 78.20 1,114,713
PRUDENTIAL FINL INC COM 49,346 17,396 54.45 609,813
VISA INC COM CL A 44,022 44,022 New 211,695
NORTHSTAR RLTY FIN CORP COM 42,588 42,588 New 2,816,651
COBALT INTL ENERGY INC COM 41,334 29,549 250.73 2,276,094
D R HORTON INC COM 37,567 37,567 New 1,747,281
ANADARKO PETE CORP COM 35,268 5,209 17.33 356,389
GOLDMAN SACHS GROUP INC COM 35,137 34,297 4,085.58 223,175
VMWARE INC CL A COM 34,552 34,552 New 334,908
NEWCASTLE INVT CORP COM 34,203 26,263 330.76 7,467,891
FACEBOOK INC CL A 30,426 8,188 36.82 516,221