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Institutional Investment Manager
GARGOYLE INVESTMENT ADVISOR L.L.C.
GARGOYLE INVESTMENT ADVISOR L.L.C. (CIK: 0001389974) incorporated in New York, located at 285 Grand Avenue, Englewood, NJ. Institutional holdings reported to the SEC.

Institutional Holdings (2015Q1)
Portfolio Summary: 158 holdings with a total value of $265,705,000.
#
Name
Shares
Value ($)
%
Options
Notes
101 DYNEGY INCORPORATED NEW D 23,900 751,000 0.28%
102 SUPERVALU INC 61,856 719,000 0.27%
103 VistaPrint NV 8,018 677,000 0.25%
104 LANNET INC COM NEW 9,957 674,000 0.25%
105 MATSON INC COM 15,821 667,000 0.25%
106 EBIX INC 21,559 655,000 0.25%
107 ACCO BRANDS CORPORATION COM 78,440 652,000 0.25%
108 CHEMTURA CORP 23,891 652,000 0.25%
109 ADVANCED ENERGY INDS COM 25,316 650,000 0.24%
110 CYNOSURE CL A ORD 21,175 649,000 0.24%
111 STAMPS COM INC COM NEW 9,646 649,000 0.24%
112 TRAVELCENTERS AMER LLC 37,140 648,000 0.24%
113 FLWS/1-800 FLOWERS CL A 54,710 647,000 0.24%
114 INSYS THERAPEUTICS INC NEW COM NEW 11,131 647,000 0.24%
115 SYNOPSYS INC 15,906 641,000 0.24%
116 AVID TECHNOLOGY 42,860 639,000 0.24%
117 NET 1 UEPS TECHNOLOGIES INC 46,574 637,000 0.24%
118 DEPOMED INC 28,396 636,000 0.24%
119 NEWLINK GENETICS CORP COM 11,543 632,000 0.24%
120 OMNIVISION TECHS INC 23,518 620,000 0.23%
121 REX AMERICAN RES CORP COM 10,173 619,000 0.23%
122 CASH AMER INTL 26,297 613,000 0.23%
123 PENN ENTERTAINMENT INC COM 38,718 606,000 0.23%
124 SANDERSON FARMS INC 7,588 604,000 0.23%
125 BEYOND INC 24,721 599,000 0.23%
126 IRIDIUM COMMUNICATIONS INC 61,539 598,000 0.23%
127 CABOT CORP 13,000 585,000 0.22%
128 OIL STS INTL INC 14,365 571,000 0.21%
129 VONAGE HLDGS CORP 114,483 562,000 0.21%
130 UNITED STATES CELLULAR CORP 15,502 554,000 0.21%
131 JOY GLOBAL INCORPORATED 13,850 543,000 0.20%
132 PAYCHEX INC 8,215 543,000 0.20%
133 HRG GROUP INC 42,373 529,000 0.20%
134 ORACLE CORP 12,200 526,000 0.20%
135 INFINITY PHARMACEUTICALS INC 36,746 514,000 0.19%
136 SUPERIOR ENERGY SVCS INC 22,943 513,000 0.19%
137 GREEN DOT CORP CL A 31,289 498,000 0.19%
138 ACORDA THERAPEUTICS INC 14,680 489,000 0.18%
139 Mercer International 29,700 456,000 0.17%
140 PDL BIOPHARMA INC 64,473 454,000 0.17%
141 BARNES & NOBLE INC 17,291 411,000 0.15%
142 NEWFIELD EXPL CO 11,400 400,000 0.15%
143 Handy & Harman Ltd 9,657 397,000 0.15%
144 * SANDRIDGE ENERGY INC COM 210,899 375,000 0.14%
145 APACHE CORP 5,970 360,000 0.14%
146 BROCADE COMMUNICATIONS SYS I 28,180 334,000 0.13%
147 MYLAN N V 5,000 297,000 0.11%
148 Mueller Industries Inc 43,506 276,000 0.10%
149 GENWORTH FINL INC 36,050 264,000 0.10%
150 CHESAPEAKE ENERGY CORP 17,240 244,000 0.09%
Page 3 of 4

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001085146-15-000934, filed 2015.04.17).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.