POLAR SECURITIES INC. Information

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

Report Date: 12/31/2014

Position Statistics

Total Positions 273
New Positions 90
Increased Positions 131
Decreased Positions 120
Positions with Activity 251
Sold Out Positions 68
Total Mkt Value (in $ millions) 1,070

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

Sector Weighting

Basic Materials 11.29%
Capital Goods 4.58%
Conglomerates 0.28%
Consumer Cyclical 4.24%
Consumer/Non-Cyclical 0%
Energy 6.7%
Financial 18.11%
Healthcare 2.66%
Services 17.59%
Technology 16.59%
Transportation 1.03%
Utilities 1.03%

273 Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
HURON CONSULTING GROUP INC COM 9,931 9,931 New 149,400
LYONDELLBASELL INDUSTRIES N V SHS - A - 9,565 9,565 New 100,000
CADENCE DESIGN SYSTEM INC COM 9,491 -1,478 (13.47) 515,000
UNITED STATES OIL FUND LP UNITS 9,424 9,424 New 475,000
TIPTREE FINL INC CL A 9,409 8,515 952.82 1,483,994
TOWERS WATSON & CO CL A 9,109 9,109 New 70,300
KIRKLANDS INC COM 8,860 -12,708 (58.92) 385,390
ACTUA CORP COM 8,317 -1,578 (15.94) 579,615
MISTRAS GROUP INC COM 8,170 -1,654 (16.84) 447,400
ROI ACQUISITION CORP II COM 8,111 8,111 New 799,131
C B PHARMA ACQUISITION CORP UNT 1 COM 1 WT 7,725 7,725 New 750,000
INTERFACE INC COM 7,270 -7,532 (50.89) 350,000
CHART ACQUISITION CORP COM 7,224 .00 733,378
AK STL HLDG CORP COM 7,140 2,856 66.67 1,500,000
BELLATRIX EXPLORATION LTD COM 7,077 7,077 New 2,253,900
TRINITY INDS INC COM 6,858 6,858 New 192,000
SPROTT PHYSICAL SILVER TR TR UNIT 6,832 6,832 New 1,081,029
EMCORE CORP COM NEW 6,831 5,192 316.67 1,250,000
ICON PLC SHS 6,767 214 3.26 98,100
HOMEAWAY INC COM 6,752 1,996 41.98 207,000