Horizon Global Advisers

Horizon Global Advisers as of Sept. 30, 2012

Portfolio Holdings for Horizon Global Advisers

Horizon Global Advisers holds 92 positions in its portfolio as reported in the September 2012 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Liberty Media Corp lcpad 9.7 $13M 129k 104.08
Howard Hughes 7.4 $10M 145k 71.05
Jarden Corporation 6.7 $9.4M 177k 52.84
AutoNation (AN) 5.2 $7.2M 166k 43.66
Virtus Investment Partners (VRTS) 5.2 $7.2M 84k 86.00
Sears Holdings Corporation 5.1 $7.1M 128k 55.49
Leucadia National 4.2 $5.8M 255k 22.75
Brookfield Asset Management 4.0 $5.5M 160k 34.51
Icahn Enterprises (IEP) 4.0 $5.5M 135k 40.80
Las Vegas Sands (LVS) 3.0 $4.2M 91k 46.37
General Growth Properties 2.8 $4.0M 203k 19.48
DISH Network 2.0 $2.8M 90k 30.61
Wpx Energy 1.9 $2.7M 163k 16.59
Air Lease Corp (AL) 1.7 $2.4M 116k 20.40
DreamWorks Animation SKG 1.6 $2.3M 118k 19.23
& PROD CO shares Brookfield 1.4 $1.9M 139k 13.98
Berkshire Hathaway (BRK.A) 1.2 $1.7M 13.00 132692.31
Wynn Resorts (WYNN) 1.1 $1.5M 13k 115.41
Franco-Nevada Corporation (FNV) 1.1 $1.5M 26k 58.95
Rouse Pptys 1.0 $1.4M 100k 14.35
SPDR S&P China (GXC) 1.0 $1.3M 21k 65.13
Limited Brands 0.9 $1.3M 26k 49.28
ING Prime Rate Trust 0.8 $1.2M 189k 6.19
Eaton Vance Senior Floating Rate Fund (EFR) 0.8 $1.2M 70k 16.60
Novagold Resources Inc Cad (NG) 0.8 $1.1M 202k 5.60
Pimco Income Strategy Fund II (PFN) 0.8 $1.0M 91k 11.42
Mcewen Mining 0.8 $1.1M 229k 4.59
Google 0.7 $1.0M 1.4k 754.19
ViaSat (VSAT) 0.7 $987k 26k 37.39
PIMCO Income Opportunity Fund 0.7 $969k 32k 30.24
Invesco Van Kampen Senior Income Trust (VVR) 0.7 $965k 193k 5.01
PCM Fund (PCM) 0.7 $944k 76k 12.42
Eaton Vance Floating-Rate Income Trust (EFT) 0.7 $915k 55k 16.71
Vornado Realty Trust (VNO) 0.7 $899k 11k 81.03
Eaton Vance Limited Duration Income Fund (EVV) 0.6 $896k 53k 16.98
Oaktree Cap 0.6 $886k 22k 40.98
Invesco Van Kampen Dyn Cr Opp Fund 0.6 $870k 69k 12.68
Greenlight Capital Re Ltd cl a (GLRE) 0.6 $839k 34k 24.75
Cme (CME) 0.6 $827k 14k 57.27
First Trust/Four Corners SFRI Fund II (FCT) 0.6 $825k 52k 15.77
Nuveen Floating Rate Income Fund (JFR) 0.6 $806k 65k 12.50
Equity Lifestyle Properties (ELS) 0.6 $773k 11k 68.11
CBOE Holdings (CBOE) 0.6 $781k 27k 29.42
Lennar Corporation (LEN) 0.5 $744k 21k 34.77
Invesco Municipal Income Opp Trust (OIA) 0.5 $732k 97k 7.51
Eaton Vance Senior Income Trust (EVF) 0.5 $703k 93k 7.60
BlackRock Floating Rate Income Strat. Fn (FRA) 0.5 $702k 47k 15.07
Continental Resources 0.5 $678k 8.8k 76.87
WisdomTree India Earnings Fund (EPI) 0.5 $646k 34k 18.94
Pimco Income Strategy Fund (PFL) 0.5 $634k 48k 13.22
Blackrock Fl Rate Ome Stra I 0.5 $628k 46k 13.75
Nuveen Senior Income Fund 0.5 $631k 84k 7.47
Pioneer Floating Rate Trust (PHD) 0.4 $610k 43k 14.08
Colfax Corporation 0.4 $591k 16k 36.66
Proshares Tr Ii sht vix st trm 0.4 $565k 8.4k 67.42
Liberty Media 0.4 $533k 29k 18.49
Nuveen Fltng Rte Incm Opp 0.4 $516k 41k 12.54
iShares FTSE/Xinhua China 25 Index (FXI) 0.4 $499k 14k 34.58
MSC Industrial Direct (MSM) 0.3 $465k 6.9k 67.39
MasterCard Incorporated (MA) 0.3 $422k 935.00 451.34
Forest City Enterprises 0.3 $401k 25k 15.84
Urstadt Biddle Properties 0.3 $399k 20k 20.25
Berkshire Hathaway (BRK.B) 0.3 $371k 4.2k 88.12
Winthrop Realty Trust 0.3 $373k 35k 10.78
Claymore/AlphaShares China Real Est ETF 0.3 $373k 19k 20.05
Sears Holding Copr 10-18-2012 0.2 $348k 128k 2.72
Nuveen Div. Advantage Muni. Fund (NAD) 0.2 $338k 21k 15.77
Nuveen Div Adv Muni Fd 3 Ben Int (NZF) 0.2 $330k 21k 15.75
WisdomTree Investments (WT) 0.2 $338k 51k 6.69
BlackRock Floating Rate Income Trust (BGT) 0.2 $321k 22k 14.72
Putnam Managed Municipal Income Trust (PMM) 0.2 $306k 36k 8.46
AllianceBernstein Global Hgh Incm (AWF) 0.2 $297k 19k 15.88
Market Vectors Gaming 0.2 $295k 8.7k 33.99
Via 0.2 $279k 5.2k 53.65
LMP Corporate Loan Fund 0.2 $274k 20k 13.43
BlackRock Senior High Income Fund 0.2 $279k 64k 4.38
Dreyfus Strategic Muni. 0.2 $279k 28k 10.03
Pioneer Municipal High Income Trust (MHI) 0.2 $280k 17k 16.41
Nuveen California Select Qlty Mun Inc Fu 0.2 $284k 17k 17.09
MFS Municipal Income Trust (MFM) 0.2 $255k 31k 8.23
Pioneer Municipal High Income Advantage (MAV) 0.2 $256k 16k 15.97
Nuveen Performance Plus Municipal Fund 0.2 $246k 15k 16.85
Market Vectors High Yield Muni. Ind 0.2 $231k 7.0k 32.95
MFS High Income Municipal Trust (CXE) 0.2 $242k 40k 6.01
Eaton Vance Cali Muni Bnd Fnd (EVM) 0.2 $228k 18k 12.63
Templeton Emerging Markets Income Fund (TEI) 0.1 $189k 11k 16.89
Nuveen Ins Ca Tx Fr Adv Mun (NKX) 0.1 $190k 12k 15.75
MFS High Yield Municipal Trust (CMU) 0.1 $199k 37k 5.35
Nuveen Premium Income Muni Fd 4 0.1 $160k 11k 14.77
IDT Corporation (IDT) 0.1 $103k 10k 10.26
Genie Energy Ltd-b cl b (GNE) 0.1 $71k 10k 7.07
Novacopper 0.1 $72k 34k 2.14