ZAZOVE ASSOCIATES LLC Information

1033 SKOKIE BLVD., SUITE 310, NORTHBROOK, Illinois, 60062, (847) 239-7100

Report Date: 12/31/2015

Position Statistics

Total Positions 40
New Positions 7
Increased Positions 14
Decreased Positions 16
Positions with Activity 30
Sold Out Positions 8
Total Mkt Value (in $ millions) 233

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

Sector Weighting

Basic Materials 0.43%
Capital Goods
Conglomerates
Consumer Cyclical 23.98%
Consumer/Non-Cyclical
Energy 0%
Financial 13.44%
Healthcare 0.16%
Services 45.07%
Technology 0%
Transportation 0.26%
Utilities 0.21%

16 DECREASED Positions as of 12/31/2015

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
KEYCORP NEW PFD 7.75% SR A 8,218 -29 (0.35) 61,676
EASTMAN KODAK CO COM NEW 2,254 -131 (5.49) 186,146
NORTHSTAR RLTY FIN CORP COM 1,839 (0) 144,902
THOMPSON CREEK METALS CO INC COM 995 -888 (47.16) 1,989,342
KINDER MORGAN INC DEL WT EXP 052517 483 -34 (6.58) 13,418,930
DURECT CORP COM 381 -326 (46.12) 280,161
EASTMAN KODAK CO WT EXP 090318 34 (0.87) 13,144
EASTMAN KODAK CO WT EXP 090318 28 (0.87) 13,144
BANK AMER CORP 7.25%CNV PFD L -389 Sold Out 0
CIENA CORP COM NEW -22,883 Sold Out 0
DIREXION SHS ETF TR DAILY GOLD MINER -677 Sold Out 0
LIBERTY MEDIA CORP DELAWARE CL A -332 Sold Out 0
LIBERTY MEDIA CORP DELAWARE COM SER C -765 Sold Out 0
RAYONIER INC COM -3,228 Sold Out 0
STANLEY BLACK & DECKER INC CORP UNIT -120,349 Sold Out 0
WPX ENERGY INC PFD SER A CV -2,349 Sold Out 0