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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 (2016Q1)
Portfolio Summary: 192 holdings with a total value of $296,653,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 MICRON TECHNOLOGY INC 22,076 231,000 0.08%
2 GROUPON INC 59,511 237,000 0.08%
3 AMERICAN EXPRESS CO 4,000 246,000 0.08%
4 AUTONATION INC 5,425 253,000 0.09%
5 MULTI FINELINE ELECTRONIX IN 11,500 267,000 0.09%
6 MOVADO GROUP INC 9,881 272,000 0.09%
7 CENTURY ALUM CO 39,469 278,000 0.09%
8 WESTROCK CO 8,135 318,000 0.11%
9 WEATHERFORD INTL PLC 42,000 327,000 0.11%
10 BIOGEN INC 1,354 352,000 0.12%
11 LEVEL 3 COMM 7,300 386,000 0.13%
12 ARRIS INTL INC 17,000 390,000 0.13%
13 CAESARS ENTERTAINMENT 59,052 402,000 0.14%
14 ALTISOURCE PORTFOLIO SOLNS S 17,921 433,000 0.15%
15 WALKER & DUNLOP INC COM 18,836 457,000 0.15%
16 TARGA RES CORP 15,400 460,000 0.16%
17 MALLINCKRODT PUB LTD CO 7,528 461,000 0.16%
18 SYNOPSYS INC 14,993 465,000 0.16%
19 DEAN FOODS CO NEW 26,914 466,000 0.16%
20 WESTLAKE CHEM CORP 10,261 475,000 0.16%
21 VIAD CORP 16,495 481,000 0.16%
22 SOUTHWESTERN ENERGY CO 61,500 496,000 0.17%
23 EARTHLINK HOLDINGS ORD 88,145 500,000 0.17%
24 TELEDYNE TECHNOLOGIES INC 5,704 503,000 0.17%
25 LAS VEGAS SANDS CORP 9,955 514,000 0.17%
26 EMERGENT BIOSOLUTIONS INC 14,232 517,000 0.17%
27 WADDELL & REED FINL INC 22,418 528,000 0.18%
28 ENNIS INC COM 26,992 528,000 0.18%
29 OMNICOM GROUP INC 6,400 533,000 0.18%
30 FIDELITY NATIONAL FINANCIAL 15,729 533,000 0.18%
31 REGIS CORP MINN COM 35,376 537,000 0.18%
32 CHEMTURA CORP 20,497 541,000 0.18%
33 MATSON INC COM 13,750 552,000 0.19%
34 SOHU COM INC 11,223 556,000 0.19%
35 TRIPLE-S MGMT CORP 22,660 563,000 0.19%
36 WINDSTREAM HLDGS INC 73,712 566,000 0.19%
37 UNIVERSAL CORP VA 10,008 569,000 0.19%
38 HERTZ GLOBAL HOLDINGS INC COM 54,000 569,000 0.19%
39 AVIS BUDGET GROUP 20,900 572,000 0.19%
40 KELLY SVCS INC CL A 30,034 574,000 0.19%
41 ORTHOFIX INTL N V 13,955 579,000 0.20%
42 MOSAIC CO NEW 21,594 583,000 0.20%
43 GAMESTOP CORP NEW 18,500 587,000 0.20%
44 GREEN DOT CORP CL A 25,607 588,000 0.20%
45 SANDERSON FARMS INC 6,622 597,000 0.20%
46 KCG HLDGS INC 50,514 604,000 0.20%
47 CASH AMER INTL 15,737 608,000 0.20%
48 BANC OF CALIFORNIA INC COM 34,811 609,000 0.21%
49 TRINITY INDS INC 33,478 613,000 0.21%
50 ORMAT TECHNOLOGIES INC 15,201 627,000 0.21%
Page 1 of 4

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001172661-16-003195, filed 2016.05.09).

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.