POLAR SECURITIES INC. Information

401 BAY STREET, TORONTO, , M5H 2Y4, (416) 367-4364

Report Date: 12/31/2013

Position Statistics

Total Positions 161
New Positions 41
Increased Positions 78
Decreased Positions 68
Positions with Activity 146
Sold Out Positions 36
Total Mkt Value (in $ millions) 1,175

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

Sector Weighting

Basic Materials 9%
Capital Goods 5.29%
Conglomerates 0.17%
Consumer Cyclical 3.2%
Consumer/Non-Cyclical 3.82%
Energy 8.78%
Financial 20.67%
Healthcare 7.13%
Services 17.74%
Technology 14.59%
Transportation 2.58%
Utilities

161 Positions as of 12/31/2013

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
TRANSGLOBE ENERGY CORP COM 15,859 New 2,012,603
QUARTET MERGER CORP COM 15,712 15,712 New 1,600,000
METLIFE INC COM 15,104 681 4.72 295,000
HF2 FINL MGMT INC CL A 14,865 1,267 9.32 1,448,857
GROUPE CGI INC CL A SUB VTG 14,129 -11,242 (44.31) 428,398
VCA ANTECH INC COM 14,073 14,073 New 455,000
REXNORD CORP NEW COM 13,809 -11,070 (44.5) 496,367
VANTIV INC CL A 13,781 13,781 New 465,891
DENTSPLY INTL INC NEW COM 13,567 -6,092 (30.99) 300,215
EMCOR GROUP INC COM 13,353 -341 (2.49) 293,800
MOTORCAR PTS AMER INC COM 12,999 5,569 74.95 481,100
CENTRAL GOLDTRUST TR UNIT 12,979 3,371 35.09 288,433
FIDELITY NATL INFORMATION SVCS COM 12,954 12,954 New 245,900
CELESTICA INC SUB VTG SHS 12,900 New 1,200,000
BROOKFIELD RESIDENTIAL PPTYS I COM 12,607 New 622,252
GRAN TIERRA ENERGY INC COM 12,099 2,127 21.33 1,567,166
ENERGY XXI BERMUDA LTD USD UNRS SHS 11,770 -471 (3.85) 500,000
KIRKLANDS INC COM 11,668 303 2.66 664,446
MISTRAS GROUP INC COM 11,487 11,487 New 478,031
GLOBAL DEFENSE & NATL SEC SYS COM 11,470 11,470 New 1,130,000