13D Activist Fund

Fund Holdings

Asset Allocation

% Long % Net
Cash 8.94 8.94
Stocks 77.99 77.99
Bonds 0.0 0.0
Other 0.0 0.0
Foreign Bonds 0.0 0.0
Foreign Stocks 13.07 13.07
Convertible 0.0 0.0
Preferred 0.0 0.0

Updated 12.31.2013

Top 10 Holdings

Performance as of 03.31.2014

Portfolio as of 12.31.2013

Ticker YTD Return % % Net Assets
Valeant Pharmaceuticals International Inc VRX 13.5 5.28
Howard Hughes Corp HHC 19.34 4.28
Cracker Barrel Old Country Store, Inc. CBRL -9.71 3.9
Lear Corporation LEARQ 0.0 3.17
Forest Laboratories, Inc. FRX 55.44 3.15
Canadian Pacific Railway Ltd CP -0.19 3.12
Chesapeake Energy Corp CHK -3.4 2.98
Motorola Solutions, Inc. MSI -3.38 2.91
Beam Inc BEAM 22.72 2.9
Sothebys Class A BID -8.57 2.79