ZAZOVE ASSOCIATES LLC Information

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

Report Date: 12/31/2014

Position Statistics

Total Positions 39
New Positions 7
Increased Positions 11
Decreased Positions 6
Positions with Activity 17
Sold Out Positions 3
Total Mkt Value (in $ millions) 354

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

Sector Weighting

Basic Materials 0.6%
Capital Goods 0%
Conglomerates
Consumer Cyclical 54.77%
Consumer/Non-Cyclical
Energy
Financial 9.91%
Healthcare 0.46%
Services 7.55%
Technology
Transportation
Utilities 15%

7 New Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
STANLEY BLACK & DECKER INC CORP UNIT 172,978 172,978 New 1,290,881
WELLS FARGO & CO NEW PERP PFD CNV A 7,300 7,300 New 5,989
DOMINION RES INC VA NEW COM 3,223 3,223 New 45,787
THOMPSON CREEK METALS CO INC COM 1,358 1,358 New 1,013,077
BANK AMER CORP WT EXP 011619 186 186 New 32,400
NUVEEN SHT DUR CR OPP FD COM 33 33 New 1,900
LIBERTY BROADBAND CORP RT PUR COM SER C 13 13 New 1,500