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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 (2015Q4)
Portfolio Summary: 160 holdings with a total value of $245,633,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 LIONS GATE ENTERTN 62,461 2,023,000 0.82%
52 SCRIPPS NETWORKS INTERACT IN 36,268 2,002,000 0.82%
53 LEGG MASON INC 50,564 1,984,000 0.81%
54 EATON CORP PLC 37,957 1,975,000 0.80%
55 JOHNSON & JOHNSON 19,125 1,965,000 0.80%
56 CRANE CO 41,062 1,964,000 0.80%
57 INTERPUBLIC GROUP COS INC 84,164 1,959,000 0.80%
58 REGAL BELOIT CORP 33,094 1,937,000 0.79%
59 FLUOR CORP NEW 40,665 1,920,000 0.78%
60 APPLE INC 18,212 1,917,000 0.78%
61 Tribune Media Company 56,057 1,895,000 0.77%
62 REINSURANCE GROUP AMER INC 22,128 1,893,000 0.77%
63 EXXON MOBIL CORP 24,259 1,891,000 0.77%
64 EVEREST RE GROUP LTD 10,166 1,861,000 0.76%
65 COMMUNITY HEALTH SYS INC NEW 67,674 1,796,000 0.73%
66 CORNING INC 98,086 1,793,000 0.73%
67 BEST BUY INC 57,613 1,754,000 0.71%
68 NUCOR CORP 43,394 1,749,000 0.71%
69 MORGAN STANLEY 51,547 1,640,000 0.67%
70 SYMANTEC CORP 77,958 1,637,000 0.67%
71 BRINKER INTL INC 33,361 1,600,000 0.65%
72 LEUCADIA NATL CORP 91,098 1,584,000 0.64%
73 HARTFORD FINL SVCS GROUP INC 34,049 1,480,000 0.60%
74 GILEAD SCIENCES INC 14,480 1,466,000 0.60%
75 EBAY INC 49,451 1,359,000 0.55%
76 COMPUTER SCIENCES CORP 39,792 1,301,000 0.53%
77 ECHOSTAR CORP CL A 33,060 1,293,000 0.53%
78 BED BATH & BEYOND INC 25,767 1,243,000 0.51%
79 SPDR S&P 500 ETF TR 6,020 1,227,000 0.50%
80 TWENTY FIRST CENTY FOX INC 44,895 1,219,000 0.50%
81 TENNECO INC 25,941 1,191,000 0.48%
82 NAVIENT 102,566 1,174,000 0.48%
83 REGAL ENTMT GROUP 59,659 1,126,000 0.46%
84 SEAGATE TECHNOLOGY PLC 30,508 1,119,000 0.46%
85 VOYA FINANCIAL INC 29,113 1,075,000 0.44%
86 JACOBS ENGR GROUP INC 24,256 1,018,000 0.41%
87 CSRA INC 31,721 952,000 0.39%
88 Arris Group Inc 30,900 945,000 0.38%
89 CA INC 33,000 942,000 0.38%
90 ALLERGAN PLC 3,000 938,000 0.38%
91 OWENS CORNING NEW 19,548 919,000 0.37%
92 UNITED RENTALS INC 12,500 907,000 0.37%
93 UNITED STATES CELLULAR CORP 22,202 906,000 0.37%
94 UNITED CONTL HLDGS INC 15,477 887,000 0.36%
95 OCEANEERING INTL INC 23,357 876,000 0.36%
96 ALLEGHANY CORP 1,728 826,000 0.34%
97 PENTAIR PLC 16,645 825,000 0.34%
98 HP INC 69,489 823,000 0.34%
99 TRINITY INDS INC 33,478 804,000 0.33%
100 LAS VEGAS SANDS CORP 17,625 773,000 0.31%
Page 2 of 4

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001172661-16-002342, filed 2016.01.27).

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.