WESTCHESTER CAPITAL MANAGEMENT, LLC Information

100 SUMMIT LAKE DRIVE, VALHALLA, New York, 10595, (914) 741-5600

Report Date: 12/31/2015

Position Statistics

Total Positions 105
New Positions 19
Increased Positions 30
Decreased Positions 64
Positions with Activity 94
Sold Out Positions 38
Total Mkt Value (in $ millions) 3,036

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

Sector Weighting

Basic Materials 14.91%
Capital Goods 0.04%
Conglomerates 0.12%
Consumer Cyclical 6.47%
Consumer/Non-Cyclical 1.7%
Energy 8.17%
Financial 12.02%
Healthcare 1.7%
Services 36.01%
Technology 17.56%
Transportation
Utilities

105 Positions as of 12/31/2015

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
BROADCOM LTD SHS 244,008 27,754 12.83 1,670,370
TIME WARNER CABLE INC COM 234,156 14,286 6.50 1,088,794
YAHOO INC COM 193,397 30,341 18.61 5,294,190
KLA-TENCOR CORP COM 163,620 163,620 New 2,335,090
AMERICAN INTL GROUP INC COM NEW 135,751 -39,211 (22.41) 2,398,847
DOW CHEM CO COM 133,689 -3,040 (2.22) 2,539,200
E M C CORP MASS COM 116,330 116,330 New 4,398,104
AIRGAS INC COM 106,680 106,680 New 748,524
T MOBILE US INC COM 105,580 -4 (0) 2,640,170
GENERAL MTRS CO COM 105,188 -2,670 (2.48) 3,313,000
HUMANA INC COM 99,256 23,338 30.74 558,840
CBS CORP (CLASS B) CL B 91,628 -16,275 (15.08) 1,622,588
JOHNSON CTLS INC COM 91,298 -41 (0.05) 2,221,358
SCHLUMBERGER LTD COM 87,471 New 1,101,645
GRACE W R & CO DEL NEW COM 86,859 New 1,106,200
DISH NETWORK CORP CL A 86,681 -2 (0) 1,771,900
STARWOOD HOTELS&RESORTS WRLDWD COM 79,048 79,048 New 962,586
HERTZ GLOBAL HOLDINGS INC COM 65,867 18,117 37.94 7,286,141
ANADARKO PETE CORP COM 64,548 -2 (0) 1,242,500
HUNTSMAN CORP COM 61,605 -26,040 (29.71) 3,911,399