VERTEX ONE ASSET MANAGEMENT INC. Information

1920-1177 WEST HASTINGS STREET, VANCOUVER, , V6E 2K3, (604) 681-5787

Report Date: 12/31/2014

Position Statistics

Total Positions 130
New Positions 28
Increased Positions 57
Decreased Positions 51
Positions with Activity 108
Sold Out Positions 25
Total Mkt Value (in $ millions) 810

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

Sector Weighting

Basic Materials 10.89%
Capital Goods 3.31%
Conglomerates 1.11%
Consumer Cyclical 5.93%
Consumer/Non-Cyclical
Energy 12.91%
Financial 27.53%
Healthcare 7.23%
Services 8.8%
Technology 11.1%
Transportation
Utilities 1.32%

130 Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
ROYAL BK SCOTLAND GROUP PLC SPONS ADR 20 ORD 44,924 1,532 3.53 4,400,000
NORTHERN TIER ENERGY LP COM UN REPR PART 38,640 -11,207 (22.48) 1,458,100
TALISMAN ENERGY INC COM 34,557 34,557 New 4,325,000
NEW RESIDENTIAL INVT CORP COM NEW 28,217 -4,681 (14.23) 1,692,699
ACTAVIS PLC SHS 26,658 -22,477 (45.75) 93,290
CITIGROUP INC COM NEW 26,611 24,637 1,248.11 498,800
OFFICE DEPOT INC COM 25,410 -18,942 (42.71) 2,750,000
GREENLIGHT CAPITAL RE LTD CLASS A 24,731 New 821,349
SILVER WHEATON CORP COM 22,400 22,400 New 1,130,184
RESTAURANT BRANDS INTL INC COM 20,269 20,269 New 492,935
PACIFIC ETHANOL INC COM PAR $.001 20,000 10,119 102.40 1,680,680
TRW AUTOMOTIVE HLDGS CORP COM 19,686 5,305 36.89 187,400
JABIL CIRCUIT INC COM 19,673 New 856,100
SKYWORKS SOLUTIONS INC COM 19,532 -946 (4.62) 206,400
SYNOVUS FINL CORP COM NEW 18,213 New 658,231
MEDTRONIC PLC SHS 15,390 -5,027 (24.62) 205,444
SIGMA ALDRICH CORP COM 14,982 14,982 New 108,000
BP PRUDHOE BAY RTY TR UNIT BEN INT 14,204 -16,519 (53.77) 185,647
FAMILY DLR STORES INC COM 13,928 2,657 23.58 178,200
MONTPELIER RE HOLDINGS LTD SHS 13,816 -2,948 (17.59) 357,290