WATERSHED ASSET MANAGEMENT, L.L.C. Information

ONE MARITIME PLAZA, SAN FRANCISCO, California, 94111, (415) 391-8900

Report Date: 06/30/2014

Position Statistics

Total Positions 27
New Positions 1
Increased Positions 4
Decreased Positions 14
Positions with Activity 18
Sold Out Positions 5
Total Mkt Value (in $ millions) 125

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

Sector Weighting

Basic Materials 21.51%
Capital Goods 7.14%
Conglomerates 5.27%
Consumer Cyclical 4.92%
Consumer/Non-Cyclical
Energy 10.76%
Financial 8.28%
Healthcare
Services 24.07%
Technology
Transportation
Utilities

5 Sold Out Positions as of 06/30/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
BASIC ENERGY SVCS INC NEW COM -2,065 Sold Out 0
GENERAL MTRS CO COM -2,616 Sold Out 0
GENERAL MTRS CO WT EXP 071019 -2,071 Sold Out 0
GENERAL MTRS CO WT EXP 071016 -298 Sold Out 0
ROYAL BK SCOTLAND GROUP PLC ADR PREF SHS Q -5,748 Sold Out 0