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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 (2016Q3)
Portfolio Summary: 186 holdings with a total value of $264,269,000.
#
Name
Shares
Value ($)
%
Options
Notes
101 TIME WARNER INC 11,230 894,000 0.34%
102 PILGRIMS PRIDE CORP NEW 40,316 852,000 0.32%
103 NATIONAL OILWELL VARCO INC 23,012 845,000 0.32%
104 UNITED CONTL HLDGS INC 15,477 813,000 0.31%
105 PRUDENTIAL FINL INC 9,919 810,000 0.31%
106 TRINITY INDS INC 33,478 810,000 0.31%
107 MALLINCKRODT PUB LTD CO 11,528 805,000 0.30%
108 PVH CORPORATION 7,043 778,000 0.29%
109 BROCADE COMMUNICATIONS SYS I 83,697 772,000 0.29%
110 MICRON TECHNOLOGY INC 43,076 766,000 0.29%
111 LYONDELLBASELL INDUSTRIES N 9,362 755,000 0.29%
112 ZEBRA TECHNOLOGIES CORPORATION CL A 10,822 754,000 0.29%
113 ASSURED GUARANTY LTD COM 26,460 744,000 0.28%
114 CIT GROUP INC 20,169 732,000 0.28%
115 AVIS BUDGET GROUP 20,900 715,000 0.27%
116 BIOGEN INC 2,247 703,000 0.27%
117 HORIZON PHARMA PLC 38,559 699,000 0.26%
118 ALLERGAN PLC 2,860 659,000 0.25%
119 ANTERO RES CORP 23,461 632,000 0.24%
120 TELEDYNE TECHNOLOGIES INC 5,704 616,000 0.23%
121 TELEPHONE DATA SYS INC 21,377 581,000 0.22%
122 STAPLES INC 66,455 568,000 0.21%
123 UNITED STATES CELLULAR CORP 15,502 563,000 0.21%
124 WESTLAKE CHEM CORP 10,261 549,000 0.21%
125 FIRST SOLAR INC 13,545 535,000 0.20%
126 COLFAX CORP 15,681 493,000 0.19%
127 STARZ SERIES A 15,800 493,000 0.19%
128 TRANSOCEAN LTD 44,900 479,000 0.18%
129 AMC NETWORKS INC CL A 9,219 478,000 0.18%
130 PERRIGO CO PLC 5,166 477,000 0.18%
131 CHART INDS INC 14,084 462,000 0.17%
132 MCDERMOTT INTL INC 92,000 461,000 0.17%
133 AMBAC FINL GROUP INC 24,945 459,000 0.17%
134 ACCO BRANDS CORPORATION COM 47,240 455,000 0.17%
135 SPX CORP 22,435 452,000 0.17%
136 ORTHOFIX INTL N V 10,455 447,000 0.17%
137 WESTERN DIGITAL CORP 7,604 445,000 0.17%
138 KELLY SVCS INC CL A 23,034 443,000 0.17%
139 DEAN FOODS CO NEW 26,914 441,000 0.17%
140 EARTHLINK HOLDINGS ORD 70,745 439,000 0.17%
141 VIACOM INC NEW 11,113 423,000 0.16%
142 BEST BUY INC 11,016 421,000 0.16%
143 ALTISOURCE PORTFOLIO SOLNS S 12,931 419,000 0.16%
144 TRONOX LTD SHS CL A 44,590 418,000 0.16%
145 RAYONIER ADVANCED MATLS INC COM 30,919 413,000 0.16%
146 NEW MEDIA INVT GROUP INC COM 26,648 413,000 0.16%
147 EZCORP INC CL A NON VTG 37,246 412,000 0.16%
148 ENDO INTL PLC 20,462 412,000 0.16%
149 CAL MAINE FOODS INC 10,700 412,000 0.16%
150 VERITIV CORP 8,209 412,000 0.16%
Page 3 of 4

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001172661-16-004133, filed 2016.11.10).

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.