Horizon Global Advisers

Horizon Global Advisers as of Dec. 31, 2012

Portfolio Holdings for Horizon Global Advisers

Horizon Global Advisers holds 87 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
Liberty Media Corp lcpad 10.8 $15M 128k 116.00
Howard Hughes 7.3 $10M 137k 73.02
Jarden Corporation 6.4 $8.8M 170k 51.70
Virtus Investment Partners (VRTS) 5.2 $7.1M 59k 120.94
AutoNation (AN) 4.7 $6.4M 162k 39.70
Icahn Enterprises (IEP) 4.4 $6.1M 136k 44.70
Leucadia National 4.4 $6.1M 255k 23.79
Brookfield Asset Management 4.2 $5.7M 156k 36.65
Sears Holdings Corporation 3.9 $5.3M 128k 41.36
DISH Network 2.4 $3.3M 90k 36.39
General Growth Properties 2.3 $3.1M 156k 19.85
Wendy's/arby's Group (WEN) 2.2 $3.0M 631k 4.70
American International (AIG) 2.1 $2.9M 81k 35.30
& PROD CO shares Brookfield 1.8 $2.5M 139k 17.94
Rouse Pptys 1.5 $2.1M 123k 16.91
DreamWorks Animation SKG 1.4 $2.0M 118k 16.57
Las Vegas Sands (LVS) 1.4 $1.9M 42k 46.15
Wpx Energy 1.3 $1.8M 123k 14.87
Liberty Media 1.2 $1.6M 81k 19.67
SPDR S&P China (GXC) 1.1 $1.5M 21k 74.07
Wynn Resorts (WYNN) 1.1 $1.5M 13k 112.46
Franco-Nevada Corporation (FNV) 1.1 $1.5M 26k 57.15
Oaktree Cap 1.1 $1.5M 32k 45.47
BlackRock Floating Rate Income Strat. Fn (FRA) 1.0 $1.3M 88k 15.14
Limited Brands 0.9 $1.2M 26k 47.05
ING Prime Rate Trust 0.8 $1.2M 189k 6.21
Pimco Dynamic Incm Fund (PDI) 0.8 $1.1M 39k 29.23
Eaton Vance Senior Floating Rate Fund (EFR) 0.8 $1.1M 70k 15.97
ViaSat (VSAT) 0.8 $1.0M 26k 38.86
Pimco Income Strategy Fund II (PFN) 0.7 $1.0M 91k 11.05
Invesco Van Kampen Senior Income Trust (VVR) 0.7 $998k 193k 5.18
Google 0.7 $969k 1.4k 706.78
Berkshire Hathaway (BRK.A) 0.7 $938k 7.00 134000.00
Eaton Vance Floating-Rate Income Trust (EFT) 0.7 $932k 55k 17.02
PIMCO Income Opportunity Fund 0.7 $933k 32k 29.12
Mcewen Mining 0.7 $926k 242k 3.83
PCM Fund (PCM) 0.7 $913k 76k 12.01
Novagold Resources Inc Cad (NG) 0.7 $911k 202k 4.51
Eaton Vance Limited Duration Income Fund (EVV) 0.6 $878k 53k 16.64
Invesco Van Kampen Dyn Cr Opp Fund 0.6 $856k 69k 12.47
First Trust/Four Corners SFRI Fund II (FCT) 0.6 $793k 52k 15.16
CBOE Holdings (CBOE) 0.6 $782k 27k 29.45
Nuveen Floating Rate Income Fund (JFR) 0.6 $786k 65k 12.19
Eaton Vance Senior Income Trust (EVF) 0.5 $697k 93k 7.53
WisdomTree India Earnings Fund (EPI) 0.5 $660k 34k 19.35
Colfax Corporation 0.5 $650k 16k 40.32
Invesco Municipal Income Opp Trust (OIA) 0.5 $631k 86k 7.31
Pimco Income Strategy Fund (PFL) 0.5 $610k 48k 12.72
Nuveen Senior Income Fund 0.5 $617k 84k 7.31
Sears Hometown and Outlet Stores 0.4 $605k 19k 32.55
iShares FTSE/Xinhua China 25 Index (FXI) 0.4 $583k 14k 40.40
Family Dollar Stores 0.4 $592k 9.4k 63.32
Greenlight Capital Re Ltd cl a (GLRE) 0.4 $581k 25k 23.06
Pioneer Floating Rate Trust (PHD) 0.4 $574k 43k 13.25
Proshares Tr Ii sht vix st trm 0.4 $548k 8.4k 65.39
Equity Lifestyle Properties (ELS) 0.4 $528k 7.9k 67.26
Nuveen Fltng Rte Incm Opp 0.4 $504k 41k 12.25
Continental Resources 0.3 $479k 6.5k 73.47
Cme (CME) 0.3 $445k 8.8k 50.57
Lennar Corporation (LEN) 0.3 $440k 11k 38.60
Claymore/AlphaShares China Real Est ETF 0.3 $425k 19k 22.85
Forest City Enterprises 0.3 $408k 25k 16.12
Berkshire Hathaway (BRK.B) 0.3 $377k 4.2k 89.55
Winthrop Realty Trust 0.3 $382k 35k 11.04
Urstadt Biddle Properties 0.3 $387k 20k 19.64
MSC Industrial Direct (MSM) 0.2 $349k 4.6k 75.38
BlackRock Floating Rate Income Trust (BGT) 0.2 $328k 22k 15.05
Nuveen Div. Advantage Muni. Fund (NAD) 0.2 $331k 21k 15.45
Nuveen Div Adv Muni Fd 3 Ben Int (NZF) 0.2 $316k 21k 15.08
WisdomTree Investments (WT) 0.2 $309k 51k 6.12
Market Vectors Gaming 0.2 $307k 8.7k 35.37
AllianceBernstein Global Hgh Incm (AWF) 0.2 $292k 19k 15.61
Via 0.2 $274k 5.2k 52.69
BlackRock Senior High Income Fund 0.2 $267k 64k 4.20
Nuveen California Select Qlty Mun Inc Fu 0.2 $276k 17k 16.61
LMP Corporate Loan Fund 0.2 $263k 20k 12.89
Putnam Managed Municipal Income Trust (PMM) 0.2 $258k 32k 8.04
Market Vectors High Yield Muni. Ind 0.2 $230k 7.0k 32.81
Nuveen Performance Plus Municipal Fund 0.2 $236k 15k 16.16
MFS High Income Municipal Trust (CXE) 0.2 $219k 40k 5.44
Eaton Vance Cali Muni Bnd Fnd (EVM) 0.2 $219k 18k 12.13
Templeton Emerging Markets Income Fund (TEI) 0.1 $193k 11k 17.25
Nuveen Ins Ca Tx Fr Adv Mun (NKX) 0.1 $177k 12k 14.67
MFS High Yield Municipal Trust (CMU) 0.1 $180k 37k 4.84
Nuveen Premium Income Muni Fd 4 0.1 $152k 11k 14.03
IDT Corporation (IDT) 0.1 $95k 10k 9.46
Novacopper 0.0 $60k 34k 1.78