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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 (2015Q2)
Portfolio Summary: 168 holdings with a total value of $262,330,000.
#
Name
Shares
Value ($)
%
Options
Notes
101 NEWMONT CORP 35,341 826,000 0.31%
102 MEDIVATION INC 7,200 822,000 0.31%
103 NCR CORP NEW 27,200 819,000 0.31%
104 ALLEGHANY CORP 1,728 810,000 0.31%
105 UNITED CONTL HLDGS INC 15,200 806,000 0.31%
106 TEREX CORP NEW 34,200 795,000 0.30%
107 AMERIPRISE FINANCIAL, INC. 29,308 775,000 0.30%
108 DELTA AIRLINES INC DEL 18,807 773,000 0.29%
109 AXIALL CORPORATION 20,820 751,000 0.29%
110 NVIDIA CORPORATION 37,300 750,000 0.29%
111 MURPHY OIL 17,400 723,000 0.28%
112 JOY GLOBAL INCORPORATED 19,250 697,000 0.27%
113 WALKER & DUNLOP INC COM 24,308 650,000 0.25%
114 REX AMERICAN RES CORP COM 10,173 647,000 0.25%
115 LANNET INC COM NEW 10,780 641,000 0.24%
116 INTERNATIONAL BUSINESS MACHS 3,924 638,000 0.24%
117 CYNOSURE CL A ORD 16,513 637,000 0.24%
118 HRG GROUP INC 48,683 633,000 0.24%
119 PAYCHEX INC 8,215 625,000 0.24%
120 Mercer International 44,996 616,000 0.23%
121 ACCO BRANDS CORPORATION COM 78,440 609,000 0.23%
122 DEPOMED INC 28,396 609,000 0.23%
123 GENERAL CABLE CORP DEL NEW 30,582 603,000 0.23%
124 NEWLINK GENETICS CORP COM 13,590 602,000 0.23%
125 CHEMTURA CORP 21,249 602,000 0.23%
126 SUPERNUS PHARMACEUTICALS INC 35,267 599,000 0.23%
127 GREEN DOT CORP CL A 31,289 598,000 0.23%
128 VistaPrint NV 7,106 598,000 0.23%
129 MATSON INC COM 14,190 597,000 0.23%
130 INSYS THERAPEUTICS INC NEW COM NEW 16,617 597,000 0.23%
131 LYON WILLIAM HOMES CL A NEW 22,918 588,000 0.22%
132 UNITED STATES CELLULAR CORP 15,502 584,000 0.22%
133 NET 1 UEPS TECHNOLOGIES INC 31,890 583,000 0.22%
134 PENN ENTERTAINMENT INC COM 31,645 581,000 0.22%
135 UNIVERSAL CORP VA 10,073 577,000 0.22%
136 FLWS/1-800 FLOWERS CL A 54,710 572,000 0.22%
137 CASH AMER INTL 21,759 570,000 0.22%
138 SANDERSON FARMS INC 7,588 570,000 0.22%
139 SYNOPSYS INC 14,993 569,000 0.22%
140 VONAGE HLDGS CORP 114,483 562,000 0.21%
141 ADVANCED ENERGY INDS COM 20,318 559,000 0.21%
142 IRIDIUM COMMUNICATIONS INC 61,539 559,000 0.21%
143 TRAVELCENTERS AMER LLC 37,140 552,000 0.21%
144 EBIX INC 15,750 514,000 0.20%
145 EMERGENT BIOSOLUTIONS INC 15,299 504,000 0.19%
146 GAMESTOP CORP NEW 11,500 494,000 0.19%
147 ORACLE CORP 12,200 492,000 0.19%
148 QEP RES INC 26,600 492,000 0.19%
149 ACORDA THERAPEUTICS INC 14,680 489,000 0.19%
150 CABOT CORP 13,000 485,000 0.18%
Page 3 of 4

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001085146-15-001717, filed 2015.08.12).

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.