Elm Ridge Management

Elm Ridge Management as of March 31, 2012

Portfolio Holdings for Elm Ridge Management

Elm Ridge Management holds 57 positions in its portfolio as reported in the March 2012 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Lockheed Martin Corporation (LMT) 6.8 $148M 1.6M 89.86
Assured Guaranty (AGO) 4.3 $93M 5.7M 16.52
R.R. Donnelley & Sons Company 3.8 $84M 6.8M 12.39
Mbia (MBI) 3.5 $78M 7.9M 9.80
Merck & Co (MRK) 3.5 $77M 2.0M 38.40
Allstate Corporation (ALL) 3.2 $71M 2.2M 32.92
Boston Scientific Corporation (BSX) 3.2 $71M 12M 5.98
Regions Financial Corporation (RF) 3.2 $71M 11M 6.59
Eli Lilly & Co. (LLY) 3.2 $69M 1.7M 40.26
WellPoint 3.1 $68M 915k 73.80
Raytheon Company 2.9 $62M 1.2M 52.78
Pfizer (PFE) 2.6 $57M 2.5M 22.65
Alcoa 2.6 $56M 5.6M 10.02
American International (AIG) 2.5 $54M 1.8M 30.83
Dell 2.4 $53M 3.2M 16.59
Western Union Company (WU) 2.4 $52M 2.9M 17.60
Corning Incorporated (GLW) 2.4 $52M 3.7M 14.08
JPMorgan Chase & Co. (JPM) 2.2 $49M 1.1M 45.98
Axis Capital Holdings (AXS) 2.2 $47M 1.4M 33.17
Equinix 2.1 $47M 300k 157.45
Supervalu 2.0 $44M 7.6M 5.71
Ultra Petroleum 2.0 $43M 1.9M 22.63
NRG Energy (NRG) 1.7 $38M 2.4M 15.67
Bank of America Corporation (BAC) 1.6 $34M 3.6M 9.57
Flextronics International Ltd Com Stk (FLEX) 1.5 $33M 4.6M 7.22
Wells Fargo & Company (WFC) 1.5 $33M 969k 34.14
Fastenal Company (FAST) 1.5 $33M 600k 54.10
Quad/Graphics (QUAD) 1.4 $30M 2.2M 13.90
Safeway 1.3 $28M 1.4M 20.21
Cliffs Natural Resources 1.3 $28M 400k 69.26
Newfield Exploration 1.2 $27M 768k 34.68
Martin Marietta Materials (MLM) 1.2 $26M 300k 85.63
Terex Corporation (TEX) 1.1 $24M 1.1M 22.50
Garmin (GRMN) 1.1 $24M 500k 46.98
Digital Realty Trust (DLR) 1.0 $22M 300k 73.97
Masco Corporation (MAS) 1.0 $22M 1.6M 13.37
Vulcan Materials Company (VMC) 1.0 $21M 500k 42.73
Cenveo 1.0 $21M 6.3M 3.38
Nabors Industries 1.0 $21M 1.2M 17.49
Huntington Ingalls Inds (HII) 1.0 $21M 525k 40.24
Royal Caribbean Cruises (RCL) 0.9 $20M 670k 29.43
International Paper Company (IP) 0.9 $19M 554k 35.10
Marriott International (MAR) 0.9 $19M 500k 37.85
Kohl's Corporation (KSS) 0.8 $18M 353k 50.03
Concur Technologies 0.8 $17M 300k 57.38
USG Corporation 0.8 $17M 1.0M 17.20
Starwood Hotels & Resorts Worldwide 0.8 $17M 300k 56.41
BP (BP) 0.7 $16M 361k 45.00
Human Genome Sciences 0.7 $16M 2.0M 8.24
Applied Materials (AMAT) 0.7 $16M 1.3M 12.44
Sanmina-SCI Corporation 0.7 $15M 1.3M 11.45
Transocean (RIG) 0.7 $15M 278k 54.70
AvalonBay Communities (AVB) 0.6 $14M 100k 141.35
Toll Brothers (TOL) 0.6 $12M 500k 23.99
Intrepid Potash 0.6 $12M 500k 24.33
Jones Group 0.5 $9.9M 791k 12.56
D.R. Horton (DHI) 0.3 $7.6M 500k 15.17