--- -------------------- ----- as of Dec. 31, 2012
Portfolio Holdings for --- -------------------- -----
--- -------------------- ----- holds 28 positions in its portfolio as reported in the December 2012 quarterly 13F filing
| Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
|---|---|---|---|---|---|
| Equinix | 13.9 | $41M | 200k | 206.20 | |
| Herbalife Ltd Com Stk (HLF) | 9.4 | $28M | 851k | 32.94 | |
| Apple (AAPL) | 8.9 | $26M | 50k | 532.16 | |
| Boeing Company (BA) | 5.1 | $15M | 200k | 75.36 | |
| Verisign (VRSN) | 4.6 | $14M | 355k | 38.82 | |
| Cit | 4.3 | $13M | 330k | 38.64 | |
| Golar Lng (GLNG) | 4.2 | $13M | 342k | 36.78 | |
| Cincinnati Bell | 4.0 | $12M | 2.2M | 5.48 | |
| Industries N shs - a - (LYB) | 3.9 | $12M | 202k | 57.09 | |
| BPZ Resources | 3.6 | $11M | 3.4M | 3.15 | |
| Tesoro Corporation | 3.5 | $10M | 234k | 44.05 | |
| SPDR Gold Trust (GLD) | 3.5 | $10M | 64k | 162.01 | |
| General Motors Company (GM) | 3.4 | $10M | 350k | 28.83 | |
| American International (AIG) | 3.4 | $10M | 285k | 35.30 | |
| Noble Corporation Com Stk | 3.3 | $9.9M | 285k | 34.82 | |
| Brookdale Senior Living (BKD) | 3.0 | $8.9M | 350k | 25.32 | |
| CIGNA Corporation | 2.9 | $8.6M | 160k | 53.46 | |
| Abbott Laboratories (ABT) | 2.8 | $8.2M | 125k | 65.51 | |
| Directv | 2.5 | $7.5M | 150k | 50.16 | |
| Royal Bk Scotland Group Plc adr pref shs r | 2.3 | $6.7M | 299k | 22.46 | |
| Aetna | 2.0 | $6.0M | 130k | 46.31 | |
| Express Scripts Holding | 1.8 | $5.4M | 100k | 54.00 | |
| Nielsen Holdings Nv | 1.8 | $5.4M | 175k | 30.59 | |
| ROYAL BK SCOTLAND Group Plc sp adr pref t | 0.8 | $2.4M | 99k | 23.90 | |
| Blyth | 0.4 | $1.3M | 84k | 15.55 | |
| Genworth Financial (GNW) | 0.2 | $751k | 100k | 7.51 | |
| Royal Bk Scotland Group Plc adr pfd ser p | 0.2 | $693k | 31k | 22.34 | |
| Graphic Packaging Holding Company (GPK) | 0.2 | $646k | 100k | 6.46 |
