HOVDE ERIC D

Latest 13F filing data - Q3 2013

Holdings (Top positions)

Stock	Ticker
AmeriServ Financial, Inc.	ASRV	62K	$194.00K
MFA Financial, Inc.	MFA	44K	$328.00K
Annaly Capital Management, Inc.	NLY	28K	$324.00K
Agree Realty Corporation	ADC	10K	$302.00K

AmeriServ Financial, Inc.

ASRV

Shares Held

62K

Value

$194.00K

MFA Financial, Inc.

MFA

Shares Held

44K

Value

$328.00K

Annaly Capital Management, Inc.

NLY

Shares Held

28K

Value

$324.00K

Agree Realty Corporation

ADC

Shares Held

10K

Value

$302.00K