RESERVOIR OPERATIONS, L.P. Information

767 FIFTH AVENUE, NEW YORK, New York, 10153, (212) 610-9000

Report Date: 12/31/2014

Position Statistics

Total Positions 40
New Positions 7
Increased Positions 13
Decreased Positions 5
Positions with Activity 18
Sold Out Positions 1
Total Mkt Value (in $ millions) 216

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

Sector Weighting

Basic Materials 0.01%
Capital Goods
Conglomerates
Consumer Cyclical 2.36%
Consumer/Non-Cyclical 0.02%
Energy 32.73%
Financial 38.4%
Healthcare 4.2%
Services 6.47%
Technology 4.59%
Transportation 2.1%
Utilities

40 Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
ENSCO PLC SHS CLASS A 32,737 New 1,190,000
CAPITAL BK FINL CORP CL A COM 20,468 New 750,000
ASPEN AEROGELS INC COM 19,692 296 1.53 2,921,621
XL GROUP PLC SHS 18,972 New 514,990
CHEVRON CORP NEW COM 18,394 18,394 New 170,319
BANK AMER CORP COM 17,914 New 1,095,639
ISTAR FINL INC COM 13,924 New 1,026,103
LIFEPOINT HOSPITALS INC COM 9,027 New 127,201
ROYAL DUTCH SHELL PLC SPONS ADR A 8,931 8,931 New 140,492
HARTFORD FINL SVCS GROUP INC COM 8,473 New 205,800
STATOIL ASA SPONSORED ADR 5,650 -17,201 (75.27) 271,000
BP PLC SPONSORED ADR 5,000 -26,320 (84.04) 116,000
HEWLETT PACKARD CO COM 4,974 New 150,000
KKR & CO L P DEL COM UNITS 4,886 New 214,098
CISCO SYS INC COM 4,856 New 168,100
OHA INVT CORP COM 4,583 -237 (4.92) 811,119
ELLINGTON FINANCIAL LLC COM 3,673 New 183,210
DHT HOLDINGS INC SHS NEW 3,180 New 406,618
GENERAL MTRS CO WT EXP 071016 2,293 62 2.78 90,577
GENERAL MTRS CO WT EXP 071019 1,569 42 2.78 90,577