Petrus Trust Company, LTA Quant / Systematic

CIK: 0001473429 · Show all filings

Period: Q3 2016 (← Previous) (Next →)

Filing Date: Nov 14, 2016

Total Value ($000): $438,344 (98.5% shares, 1.5% debt)

Holdings (176)

AZO AUTOZONE INC 5.8%
Value ($000) $25,509 Shares 33,200 Est. Cost $354.43 Unrealized +119.6%
KMI KINDER MORGAN INC DEL 4.5%
Value ($000) $19,798 Shares 855,929 Est. Cost $24.50 Unrealized -46.7%
EXPRESS SCRIPTS HLDG CO 3.5%
Value ($000) $15,366 Shares 217,865 Est. Cost $56.82 Unrealized
YAHOO INC 3.5%
Value ($000) $15,270 Shares 354,302 Est. Cost $31.92 Unrealized
JNJ JOHNSON & JOHNSON 3.3%
Value ($000) $14,661 Shares 124,113 Est. Cost $70.10 Unrealized +33.5%
TJX TJX COS INC NEW 3.3%
Value ($000) $14,268 Shares 190,800 Est. Cost $38.91 Unrealized -11.9%
SYMANTEC CORP 3.2%
Value ($000) $14,056 Shares 560,000 Est. Cost $19.01 Unrealized
GS GOLDMAN SACHS GROUP INC 2.8%
Value ($000) $12,186 Shares 75,564 Est. Cost $127.64 Unrealized +4.8%
HILL INTERNATIONAL INC 2.7%
Value ($000) $11,930 Shares 2,587,768 Est. Cost $3.95 Unrealized
FMC F M C CORP 2.5%
Value ($000) $11,093 Shares 229,477 Est. Cost $35.82 Unrealized -7.7%
CHKP CHECK POINT SOFTWARE TECH LT 2.3%
Value ($000) $10,224 Shares 131,740 Est. Cost $48.57 Unrealized +59.7%
QCOM QUALCOMM INC 2.3%
Value ($000) $10,196 Shares 148,850 Est. Cost $43.13 Unrealized +8.8%
PYPL PAYPAL HLDGS INC 2.3%
Value ($000) $10,144 Shares 247,600 Est. Cost $36.50 Unrealized +5.1%
TRUP TRUPANION INC 2.3%
Value ($000) $10,140 Shares 600,000 Est. Cost $9.26 Unrealized +65.2%
FORTRESS INVESTMENT GROUP LL 2.3%
Value ($000) $10,075 Shares 2,039,439 Est. Cost $4.42 Unrealized
NTAP NETAPP INC 2.3%
Value ($000) $10,018 Shares 279,668 Est. Cost $26.62 Unrealized -9.8%
ORCL ORACLE CORP 2.2%
Value ($000) $9,576 Shares 243,800 Est. Cost $32.07 Unrealized +10.5%
FLR FLUOR CORP NEW 2.0%
Value ($000) $8,981 Shares 175,000 Est. Cost $42.46 Unrealized +11.9%
MICHAEL KORS HLDGS LTD 2.0%
Value ($000) $8,834 Shares 188,800 Est. Cost $43.46 Unrealized
AMERICAN CAP LTD 2.0%
Value ($000) $8,819 Shares 521,524 Est. Cost $13.36 Unrealized
EBAY EBAY INC 2.0%
Value ($000) $8,704 Shares 264,550 Est. Cost $31.76 Unrealized -15.4%
AR ANTERO RES CORP 1.9%
Value ($000) $8,398 Shares 311,620 Est. Cost $33.86 Unrealized -21.3%
CTSH COGNIZANT TECHNOLOGY SOLUTIO 1.7%
Value ($000) $7,619 Shares 159,700 Est. Cost $51.37 Unrealized -1.8%
SERVICEMASTER GLOBAL HLDGS I 1.7%
Value ($000) $7,509 Shares 222,966 Est. Cost $33.68 Unrealized
LE LANDS END INC NEW 1.7%
Value ($000) $7,250 Shares 500,000 Est. Cost $32.82 Unrealized -49.5%
BED BATH & BEYOND INC 1.6%
Value ($000) $6,944 Shares 161,087 Est. Cost $57.59 Unrealized
COBALT INTL ENERGY INC 1.5%
Value ($000) $6,671 Shares 13,000,000 Est. Cost $0.63 Unrealized
BLACKHAWK NETWORK HLDGS INC 1.4%
Value ($000) $6,034 Shares 200,000 Est. Cost $26.83 Unrealized
LCUT LIFETIME BRANDS INC 1.3%
Value ($000) $5,882 Shares 437,000 Est. Cost $11.60 Unrealized -2.8%
INTC INTEL CORP 1.2%
Value ($000) $5,262 Shares 139,389 Est. Cost $20.83 Unrealized +37.4%
MMM 3M CO 1.2%
Value ($000) $5,239 Shares 29,729 Est. Cost $93.69 Unrealized +16.5%
PG PROCTER AND GAMBLE CO 1.1%
Value ($000) $5,000 Shares 55,711 Est. Cost $65.41 Unrealized +3.2%
NSC NORFOLK SOUTHERN CORP 1.1%
Value ($000) $4,877 Shares 50,250 Est. Cost $62.36 Unrealized +20.5%
CSCO CISCO SYS INC 1.1%
Value ($000) $4,832 Shares 152,348 Est. Cost $18.53 Unrealized +24.5%
UNILEVER N V 1.1%
Value ($000) $4,767 Shares 103,415 Est. Cost $41.50 Unrealized
URBN URBAN OUTFITTERS INC 1.0%
Value ($000) $4,550 Shares 131,803 Est. Cost $27.09 Unrealized +21.0%
CL COLGATE PALMOLIVE CO 1.0%
Value ($000) $4,469 Shares 60,284 Est. Cost $74.34 Unrealized -20.1%
PEP PEPSICO INC 1.0%
Value ($000) $4,456 Shares 40,966 Est. Cost $67.35 Unrealized +20.4%
KO COCA COLA CO 1.0%
Value ($000) $4,387 Shares 103,674 Est. Cost $34.03 Unrealized -4.3%
WMT WAL-MART STORES INC 1.0%
Value ($000) $4,350 Shares 60,322 Est. Cost $43.89 Unrealized -53.1%
GIS GENERAL MLS INC 1.0%
Value ($000) $4,246 Shares 66,471 Est. Cost $39.55 Unrealized +26.4%
ADP AUTOMATIC DATA PROCESSING IN 1.0%
Value ($000) $4,204 Shares 47,661 Est. Cost $56.93 Unrealized +30.1%
ELLINGTON FINANCIAL LLC 1.0%
Value ($000) $4,168 Shares 250,000 Est. Cost $22.46 Unrealized
KELLOGG CO 0.9%
Value ($000) $4,125 Shares 53,249 Est. Cost $54.04 Unrealized +1.2%
CLX CLOROX CO DEL 0.9%
Value ($000) $3,918 Shares 31,301 Est. Cost $72.66 Unrealized +38.0%
MCD MCDONALDS CORP 0.9%
Value ($000) $3,905 Shares 33,851 Est. Cost $84.79 Unrealized +11.5%
PAPA MURPHYS HLDGS INC 0.8%
Value ($000) $3,553 Shares 550,857 Est. Cost $9.73 Unrealized
ENSCO PLC 0.8%
Value ($000) $3,526 Shares 414,800 Est. Cost $23.80 Unrealized
GAP GAP INC DEL 0.6%
Value ($000) $2,688 Shares 120,834 Est. Cost $15.10 Unrealized +14.6%
SYY SYSCO CORP 0.4%
Value ($000) $1,934 Shares 39,464 Est. Cost $30.53 Unrealized +31.8%
ANTERO MIDSTREAM PARTNERS LP 0.2%
Value ($000) $983 Shares 36,800 Est. Cost $24.54 Unrealized
BROCADE COMMUNICATIONS SYS I 0.2%
Value ($000) $727 Shares 78,786 Est. Cost $9.48 Unrealized
TTI TETRA TECHNOLOGIES INC DEL 0.2%
Value ($000) $661 Shares 108,222 Est. Cost $6.31 Unrealized -3.6%
MEMORIAL PRODTN PARTNERS LP 0.1%
Value ($000) $623 Shares 350,000 Est. Cost $4.81 Unrealized
BC BRUNSWICK CORP 0.1%
Value ($000) $497 Shares 10,196 Est. Cost $38.16 Unrealized +6.2%
HESS CORP 0.1%
Value ($000) $493 Shares 9,188 Est. Cost $53.02 Unrealized
FLO FLOWERS FOODS INC 0.1%
Value ($000) $475 Shares 31,416 Est. Cost $11.44 Unrealized 0.0%
GME GAMESTOP CORP NEW 0.1%
Value ($000) $459 Shares 16,627 Est. Cost $6.52 Unrealized -11.4%
TENNECO INC 0.1%
Value ($000) $457 Shares 7,840 Est. Cost $54.04 Unrealized
SCHULMAN A INC 0.1%
Value ($000) $457 Shares 15,700 Est. Cost $27.62 Unrealized
GIGAMON INC 0.1%
Value ($000) $453 Shares 8,260 Est. Cost $54.84 Unrealized
DISCOVERY COMMUNICATNS NEW 0.1%
Value ($000) $427 Shares 15,875 Est. Cost $26.90 Unrealized
MAN MANPOWERGROUP INC 0.1%
Value ($000) $417 Shares 5,768 Est. Cost $73.97 Unrealized -6.8%
AVID TECHNOLOGY INC 0.1%
Value ($000) $401 Shares 50,509 Est. Cost $6.59 Unrealized
HRB BLOCK H & R INC 0.1%
Value ($000) $401 Shares 17,324 Est. Cost $16.27 Unrealized 0.0%
SUPN SUPERNUS PHARMACEUTICALS INC 0.1%
Value ($000) $390 Shares 15,756 Est. Cost $19.01 Unrealized +19.0%
WNC WABASH NATL CORP 0.1%
Value ($000) $388 Shares 27,250 Est. Cost $10.97 Unrealized +3.6%
NCI BUILDING SYS INC 0.1%
Value ($000) $384 Shares 26,300 Est. Cost $14.60 Unrealized
AROC ARCHROCK INC 0.1%
Value ($000) $360 Shares 27,557 Est. Cost $6.44 Unrealized 0.0%
AARONS INC 0.1%
Value ($000) $354 Shares 13,935 Est. Cost $25.40 Unrealized
EVR EVERCORE PARTNERS INC 0.1%
Value ($000) $353 Shares 6,856 Est. Cost $41.06 Unrealized 0.0%
DHX DHI GROUP INC 0.1%
Value ($000) $348 Shares 44,054 Est. Cost $7.60 Unrealized -4.0%
PIER 1 IMPORTS INC 0.1%
Value ($000) $346 Shares 81,513 Est. Cost $5.96 Unrealized
BBY BEST BUY INC 0.1%
Value ($000) $345 Shares 9,033 Est. Cost $22.40 Unrealized +12.7%
SANM SANMINA CORPORATION 0.1%
Value ($000) $343 Shares 12,034 Est. Cost $21.30 Unrealized +27.1%
BIGGQ BIG LOTS INC 0.1%
Value ($000) $339 Shares 7,102 Est. Cost $40.02 Unrealized 0.0%
PRI PRIMERICA INC 0.1%
Value ($000) $338 Shares 6,372 Est. Cost $55.25 Unrealized 0.0%
RRC RANGE RES CORP 0.1%
Value ($000) $336 Shares 8,675 Est. Cost $40.45 Unrealized 0.0%
TGNA TEGNA INC 0.1%
Value ($000) $330 Shares 15,099 Est. Cost $14.06 Unrealized 0.0%
ZD J2 GLOBAL INC 0.1%
Value ($000) $324 Shares 4,859 Est. Cost $60.17 Unrealized -3.3%
MTRN MATERION CORP 0.1%
Value ($000) $319 Shares 10,379 Est. Cost $25.67 Unrealized +9.4%
SUCAMPO PHARMACEUTICALS INC 0.1%
Value ($000) $313 Shares 25,427 Est. Cost $11.23 Unrealized
DCH AMERICAN AXLE & MFG HLDGS IN 0.1%
Value ($000) $309 Shares 17,964 Est. Cost $14.75 Unrealized +13.9%
KBR KBR INC 0.1%
Value ($000) $308 Shares 20,325 Est. Cost $12.91 Unrealized 0.0%
MICHAELS COS INC 0.1%
Value ($000) $308 Shares 12,755 Est. Cost $24.15 Unrealized
CE CELANESE CORP DEL 0.1%
Value ($000) $308 Shares 4,626 Est. Cost $54.65 Unrealized 0.0%
LEA LEAR CORP 0.1%
Value ($000) $307 Shares 2,535 Est. Cost $95.33 Unrealized 0.0%
M MACYS INC 0.1%
Value ($000) $295 Shares 7,954 Est. Cost $36.24 Unrealized 0.0%
PII POLARIS INDS INC 0.1%
Value ($000) $293 Shares 3,779 Est. Cost $88.54 Unrealized -1.9%
LDOS LEIDOS HLDGS INC 0.1%
Value ($000) $293 Shares 6,770 Est. Cost $33.42 Unrealized 0.0%
TRINSEO S A 0.1%
Value ($000) $292 Shares 5,159 Est. Cost $42.95 Unrealized
HEALTHSOUTH CORP 0.1%
Value ($000) $292 Shares 7,208 Est. Cost $35.58 Unrealized
HSN INC 0.1%
Value ($000) $288 Shares 7,240 Est. Cost $39.78 Unrealized
ON ON SEMICONDUCTOR CORP 0.1%
Value ($000) $283 Shares 22,947 Est. Cost $9.68 Unrealized +6.8%
JBSS SANFILIPPO JOHN B & SON INC 0.1%
Value ($000) $271 Shares 5,285 Est. Cost $48.08 Unrealized 0.0%
SKYW SKYWEST INC 0.1%
Value ($000) $266 Shares 10,075 Est. Cost $23.30 Unrealized +19.2%
RCL ROYAL CARIBBEAN CRUISES LTD 0.1%
Value ($000) $265 Shares 3,537 Est. Cost $68.53 Unrealized -7.6%
ACCO ACCO BRANDS CORP 0.1%
Value ($000) $260 Shares 26,958 Est. Cost $5.65 Unrealized +26.8%
ACHC ACADIA HEALTHCARE COMPANY IN 0.1%
Value ($000) $258 Shares 5,214 Est. Cost $52.09 Unrealized 0.0%
COP CONOCOPHILLIPS 0.1%
Value ($000) $254 Shares 5,852 Est. Cost $31.13 Unrealized 0.0%
LAREDO PETROLEUM INC 0.1%
Value ($000) $253 Shares 19,589 Est. Cost $12.92 Unrealized
AK STL HLDG CORP 0.1%
Value ($000) $252 Shares 52,245 Est. Cost $4.82 Unrealized
QUAD QUAD / GRAPHICS INC 0.1%
Value ($000) $252 Shares 9,448 Est. Cost $26.53 Unrealized 0.0%
MARATHON OIL CORP 0.1%
Value ($000) $252 Shares 15,939 Est. Cost $12.70 Unrealized
IXYS CORP 0.1%
Value ($000) $251 Shares 20,828 Est. Cost $10.75 Unrealized
NATIONAL OILWELL VARCO INC 0.1%
Value ($000) $248 Shares 6,738 Est. Cost $33.61 Unrealized
DGII DIGI INTL INC 0.1%
Value ($000) $246 Shares 21,575 Est. Cost $9.63 Unrealized +18.0%
ACETO CORP 0.1%
Value ($000) $246 Shares 12,940 Est. Cost $21.71 Unrealized
RENEWABLE ENERGY GROUP INC 0.1%
Value ($000) $245 Shares 28,935 Est. Cost $8.39 Unrealized
ANF ABERCROMBIE & FITCH CO 0.1%
Value ($000) $245 Shares 15,396 Est. Cost $16.19 Unrealized 0.0%
HORIZON GLOBAL CORP 0.1%
Value ($000) $244 Shares 12,252 Est. Cost $19.92 Unrealized
DAKT DAKTRONICS INC 0.1%
Value ($000) $244 Shares 25,626 Est. Cost $8.49 Unrealized -16.7%
SEM SELECT MED HLDGS CORP 0.1%
Value ($000) $242 Shares 17,892 Est. Cost $5.25 Unrealized +11.5%
GATX GATX CORP 0.1%
Value ($000) $240 Shares 5,385 Est. Cost $35.78 Unrealized 0.0%
GLATFELTER 0.1%
Value ($000) $239 Shares 11,045 Est. Cost $21.64 Unrealized
VLO VALERO ENERGY CORP NEW 0.1%
Value ($000) $238 Shares 4,499 Est. Cost $38.47 Unrealized -4.5%
AMAT APPLIED MATLS INC 0.1%
Value ($000) $238 Shares 7,882 Est. Cost $25.12 Unrealized 0.0%
NUANCE COMMUNICATIONS INC 0.1%
Value ($000) $236 Shares 16,273 Est. Cost $15.52 Unrealized
MTRX MATRIX SVC CO 0.1%
Value ($000) $235 Shares 12,549 Est. Cost $16.97 Unrealized +3.1%
IMPAX LABORATORIES INC 0.1%
Value ($000) $235 Shares 9,901 Est. Cost $27.97 Unrealized
LIBBEY INC 0.1%
Value ($000) $235 Shares 13,181 Est. Cost $18.52 Unrealized
GBX GREENBRIER COS INC 0.1%
Value ($000) $234 Shares 6,623 Est. Cost $23.35 Unrealized +7.2%
DAL DELTA AIR LINES INC DEL 0.1%
Value ($000) $233 Shares 5,910 Est. Cost $33.78 Unrealized 0.0%
LIBERTY INTERACTIVE CORP 0.1%
Value ($000) $231 Shares 11,534 Est. Cost $20.03 Unrealized
LUV SOUTHWEST AIRLS CO 0.1%
Value ($000) $228 Shares 5,860 Est. Cost $33.98 Unrealized 0.0%
HIG HARTFORD FINL SVCS GROUP INC 0.1%
Value ($000) $227 Shares 5,304 Est. Cost $34.16 Unrealized 0.0%
MONOTYPE IMAGING HOLDINGS IN 0.1%
Value ($000) $225 Shares 10,163 Est. Cost $22.14 Unrealized
HEALTHWAYS INC 0.1%
Value ($000) $221 Shares 8,336 Est. Cost $26.51 Unrealized
BWA BORGWARNER INC 0.1%
Value ($000) $220 Shares 6,256 Est. Cost $25.51 Unrealized 0.0%
ENSG ENSIGN GROUP INC 0.0%
Value ($000) $218 Shares 10,818 Est. Cost $19.21 Unrealized -4.7%
VISN COMMSCOPE HLDG CO INC 0.0%
Value ($000) $217 Shares 7,206 Est. Cost $29.68 Unrealized +1.6%
OWENS ILL INC 0.0%
Value ($000) $217 Shares 11,795 Est. Cost $18.40 Unrealized
DIAMOND OFFSHORE DRILLING IN 0.0%
Value ($000) $216 Shares 12,268 Est. Cost $17.61 Unrealized
CONTINENTAL RESOURCES INC 0.0%
Value ($000) $216 Shares 4,154 Est. Cost $52.00 Unrealized
LZB LA Z BOY INC 0.0%
Value ($000) $214 Shares 8,718 Est. Cost $28.14 Unrealized 0.0%
ELV ANTHEM INC 0.0%
Value ($000) $210 Shares 1,679 Est. Cost $113.72 Unrealized 0.0%
STEIN MART INC 0.0%
Value ($000) $209 Shares 32,879 Est. Cost $8.11 Unrealized
DEAN FOODS CO NEW 0.0%
Value ($000) $206 Shares 12,546 Est. Cost $16.42 Unrealized
CNO CNO FINL GROUP INC 0.0%
Value ($000) $205 Shares 13,395 Est. Cost $13.27 Unrealized 0.0%
TBHC KIRKLANDS INC 0.0%
Value ($000) $205 Shares 16,827 Est. Cost $17.02 Unrealized -17.9%
STEELCASE INC 0.0%
Value ($000) $204 Shares 14,655 Est. Cost $14.88 Unrealized
CRS CARPENTER TECHNOLOGY CORP 0.0%
Value ($000) $203 Shares 4,915 Est. Cost $24.77 Unrealized +29.2%
TILE INTERFACE INC 0.0%
Value ($000) $203 Shares 12,149 Est. Cost $17.05 Unrealized -2.1%
AMN AMN HEALTHCARE SERVICES INC 0.0%
Value ($000) $202 Shares 6,323 Est. Cost $29.35 Unrealized +29.4%
WSM WILLIAMS SONOMA INC 0.0%
Value ($000) $200 Shares 3,913 Est. Cost $21.42 Unrealized -2.3%
HCKT HACKETT GROUP INC 0.0%
Value ($000) $198 Shares 11,986 Est. Cost $15.26 Unrealized 0.0%
SOUTHWESTERN ENERGY CO 0.0%
Value ($000) $197 Shares 14,245 Est. Cost $13.83 Unrealized
LIONBRIDGE TECHNOLOGIES INC 0.0%
Value ($000) $193 Shares 38,539 Est. Cost $4.95 Unrealized
BRIGGS & STRATTON CORP 0.0%
Value ($000) $190 Shares 10,203 Est. Cost $18.62 Unrealized
BANKRATE INC DEL 0.0%
Value ($000) $189 Shares 22,315 Est. Cost $7.86 Unrealized
TG TREDEGAR CORP 0.0%
Value ($000) $187 Shares 10,082 Est. Cost $7.85 Unrealized +29.9%
WEB COM GROUP INC 0.0%
Value ($000) $186 Shares 10,789 Est. Cost $18.17 Unrealized
TRANSATLANTIC PETROLEUM LTD 0.0%
Value ($000) $183 Shares 150,000 Est. Cost $1.39 Unrealized
CALGON CARBON CORP 0.0%
Value ($000) $183 Shares 12,034 Est. Cost $15.21 Unrealized
TCF FINL CORP 0.0%
Value ($000) $177 Shares 12,168 Est. Cost $14.55 Unrealized
XEROX CORP 0.0%
Value ($000) $174 Shares 17,188 Est. Cost $10.93 Unrealized
F FORD MTR CO DEL 0.0%
Value ($000) $172 Shares 14,269 Est. Cost $8.10 Unrealized -5.1%
FIVN FIVE9 INC 0.0%
Value ($000) $167 Shares 10,632 Est. Cost $10.14 Unrealized +34.6%
TAHOE RES INC 0.0%
Value ($000) $160 Shares 12,484 Est. Cost $12.82 Unrealized
KINDRED HEALTHCARE INC 0.0%
Value ($000) $158 Shares 15,465 Est. Cost $11.32 Unrealized
CONTANGO OIL & GAS COMPANY 0.0%
Value ($000) $154 Shares 15,056 Est. Cost $10.23 Unrealized
WEN WENDYS CO 0.0%
Value ($000) $146 Shares 13,504 Est. Cost $10.08 Unrealized 0.0%
AES AES CORP 0.0%
Value ($000) $143 Shares 11,102 Est. Cost $7.90 Unrealized +11.6%
FORM FORMFACTOR INC 0.0%
Value ($000) $143 Shares 13,169 Est. Cost $10.06 Unrealized 0.0%
WHITING PETE CORP NEW 0.0%
Value ($000) $138 Shares 15,774 Est. Cost $8.75 Unrealized
MDRX ALLSCRIPTS HEALTHCARE SOLUTN 0.0%
Value ($000) $137 Shares 10,385 Est. Cost $13.26 Unrealized +0.9%
ALON USA ENERGY INC 0.0%
Value ($000) $134 Shares 16,607 Est. Cost $9.12 Unrealized
HNRG HALLADOR ENERGY COMPANY 0.0%
Value ($000) $126 Shares 16,013 Est. Cost $5.64 Unrealized +6.3%
BARNES & NOBLE INC 0.0%
Value ($000) $122 Shares 10,766 Est. Cost $11.33 Unrealized
ARC DOCUMENT SOLUTIONS INC 0.0%
Value ($000) $119 Shares 31,922 Est. Cost $4.41 Unrealized
DATALINK CORP 0.0%
Value ($000) $110 Shares 10,397 Est. Cost $10.58 Unrealized
RTI SURGICAL INC 0.0%
Value ($000) $81 Shares 25,935 Est. Cost $3.98 Unrealized
MANITOWOC INC 0.0%
Value ($000) $70 Shares 14,603 Est. Cost $5.47 Unrealized
NORTHERN OIL & GAS INC NEV 0.0%
Value ($000) $67 Shares 24,923 Est. Cost $4.61 Unrealized
PLANET PAYMENT INC 0.0%
Value ($000) $52 Shares 14,075 Est. Cost $3.69 Unrealized
KINDER MORGAN INC DEL 0.0%
Value ($000) $6 Shares 420,000 Est. Cost $3.09 Unrealized