Blue Clay Capital Management, LLC

Q4 2014 13F Holdings Report, Restatement, Stock Holdings

Signature - Title: David Woodis - Chief Operating Officer
Location: Minneapolis, MN
Holdings as of: 31 Dec 2014
Value $: $104,273,000
Num holdings: 58
Filing time: 19 Feb 2015, 13:48:57 UTC
Form type: 13F-HR/A-1 - Restatement
Description: All US holdings of this investor are reported in this report. Top holdings included SCSS, NWLI, DAVE, BJRI, and AAPL.
Next filing: Q1 2015 - 15 May 2015
SEC: View on sec.gov
Options Holdings: Showing stock holdings, see here for options holdings

Sym	Weight	Trade Impact	Company	Class	Share Change	Activity	Value Change $	Value $	* Price $	Shares	Principal

Compare Q4 2014 to

* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
An asterisk sign (*) next to the price indicates that the price is likely invalid.

Person Signing this Report on Behalf of Reporting Manager:

Name	Title	City, State	Date
David Woodis	Chief Operating Officer	Minneapolis, Minnesota	19 Feb 2015