Gator Blue Chip Portfolio
Manager's Commentary
March 31, 2010

The Gator Blue Chip Portfolio(GBC) outperformed during the 1st quarter of 2010. GBC returned 6.3% versus a gain of 4.9% for the S&P 500 index during the same time period. Below, we disclose our transactions (and their rationale) during the quarter and review a few of our holdings which drove performance in Q1.

Transactions

1/7/10 - Bought Energizer - We bought Energizer at $64.75.

1/7/10 - Sold Avon - We sold Avon at $31.17.

1/22/10 - Bought ITT Educational - We purchased ITT Educational at $107.93.

1/22/10 - Sold Research in Motion - We sold RIMM at 63.25.

Stocks Driving Performance

Liberty Interactive was up 41% during the quarter.

BB&T was up 28%.

eBay was up 15%.

Portfolio Manager Commentary Archive

December 31, 2009

September 30, 2009