Blackthorn Investment Group Llc

Q4 2014 13F Holdings Report, Stock Holdings

Signature - Title: Cindy Burnett - CFO
Location: Overland Park, KS
Holdings as of: December 31, 2014
Value $: $40.4M
Num holdings: 78
Date filed: 1/28/2015, 11:09 AM
Form type: 13F-HR
Description: All US holdings of this investor are reported in this report. Top holdings included PBRA, AMJ, EFC, USO, and BAS.
Previous filing: Q3 2014 - Nov 10, 2014
Next filing: Q1 2015 - May 12, 2015
SEC: View on sec.gov

Sym	Weight	Trade Impact	Company	Class	Shares Change	Activity	Value Change $	Value $	* Price $	Shares	Principal
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* 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
Cindy Burnett	CFO	Overland park, Kansas	1/2/2015