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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 (2016Q4)
Portfolio Summary: 183 holdings with a total value of $256,550,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 GENWORTH FINL INC 26,526 101,000 0.04%
2 MANITOWOC INC COM 17,225 103,000 0.04%
3 NET 1 UEPS TECHNOLOGIES INC 11,700 134,000 0.05%
4 WINDSTREAM HLDGS INC 18,980 139,000 0.05%
5 CLIFFS NAT RES INC 17,000 143,000 0.06%
6 OFFICE DEPOT INC 35,425 160,000 0.06%
7 UNISYS CORP 11,633 174,000 0.07%
8 BANKRATE INC DEL COM 16,397 181,000 0.07%
9 VALEANT PHARMACEUTICALS INTL 13,161 191,000 0.07%
10 ALLSCRIPTS HEALTHCARE SOLUTN 19,310 197,000 0.08%
11 ISLE OF CAPRI CASINOS INC COM 8,955 221,000 0.09%
12 WEATHERFORD INTL PLC 44,816 224,000 0.09%
13 ENVISION HEALTHCARE CORP 3,586 227,000 0.09%
14 TARGA RES CORP 4,071 228,000 0.09%
15 VERITIV CORP 4,350 234,000 0.09%
16 ELDORADO RESORTS INC COM 14,154 240,000 0.09%
17 EZCORP INC CL A NON VTG 22,864 244,000 0.10%
18 CENTENE CORP DEL 4,430 250,000 0.10%
19 OCWEN FINL CORP 46,731 252,000 0.10%
20 MAIDEN HOLDINGS LTD 14,848 259,000 0.10%
21 AUTONATION INC 5,425 264,000 0.10%
22 LIONS GATE ENTMNT CORP CL B NON VTG 11,220 275,000 0.11%
23 MBIA INC 25,861 277,000 0.11%
24 WORLD FUEL SVCS CORP 6,516 299,000 0.12%
25 WABASH NATL CORP 19,975 316,000 0.12%
26 FIVE PRIME THERAPEUTICS INC 6,625 332,000 0.13%
27 ENSTAR GROUP LIMITED COM 1,694 335,000 0.13%
28 TAILORED BRANDS INC COM 13,241 338,000 0.13%
29 ALTISOURCE PORTFOLIO SOLNS S 12,931 344,000 0.13%
30 TRONOX LTD SHS CL A 34,041 351,000 0.14%
31 AMBAC FINL GROUP INC 15,719 354,000 0.14%
32 CENTURY ALUM CO 42,153 361,000 0.14%
33 AVON PRODS INC 72,500 365,000 0.14%
34 PLY GEM HOLDINGS INC 23,100 375,000 0.15%
35 SKYWEST INC 10,303 376,000 0.15%
36 SPX CORP 15,949 378,000 0.15%
37 WESCO INTL INC 5,846 389,000 0.15%
38 GENERAL CABLE CORP DEL NEW 20,772 396,000 0.15%
39 LIGHT & WONDER INC COM 28,517 399,000 0.16%
40 BEST BUY INC 9,340 399,000 0.16%
41 AMAG PHARMACEUTICALS INC 11,496 400,000 0.16%
42 INTERDIGITAL INC 4,424 404,000 0.16%
43 OCEANEERING INTL INC 14,857 419,000 0.16%
44 AMERISOURCEBERGEN CORP 5,407 422,000 0.16%
45 RAYONIER ADVANCED MATLS INC COM 27,417 424,000 0.17%
46 ACCO BRANDS CORPORATION COM 32,628 426,000 0.17%
47 DEAN FOODS CO NEW 19,588 427,000 0.17%
48 GREENBRIER COS INC 10,290 428,000 0.17%
49 OWENS-ILLINOIS, INC. 24,605 428,000 0.17%
50 MCDERMOTT INTL INC 60,340 446,000 0.17%
Page 1 of 4

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001172661-17-000175, filed 2017.01.27).

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.