Gator Capital Management, LLC Buys SunTrust Banks Inc, Zions Bancorp, Zions Bancorporation Warrants 05/21/2020, Sells ProShares UltraPro S&P 500, Direxion Small Cap Bull 3X Shares, Voya Financial Inc

• New Purchases: STI, ZION, ZIONW, BCS, VTI, QQQ, IVV, IWM, SPY, JHG,
• Added Positions: AMBC, KKR, LEN, ALLY, FHB, SLM, PKW,
• Reduced Positions: VOYA, CLNS, BPOP, AAPL, RLGY, PVH, C, HD, HON, MCD,
• Sold Out: UPRO, TNA, RDS.A, WTR, WYNN, DCT, DLR, RSP, CAT, AWK,

For the details of Gator Capital Management, LLC's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Gator+Capital+Management%2C+LLC

1. Ambac Financial Group Inc (AMBC) - 331,758 shares, 5.02% of the total portfolio. Shares added by 39.80%
2. SunTrust Banks Inc (STI) - 66,509 shares, 4.37% of the total portfolio. New Position
3. KKR & Co LP (KKR) - 217,934 shares, 4.27% of the total portfolio. Shares added by 29.16%
4. Zions Bancorp (ZION) - 70,603 shares, 3.59% of the total portfolio. New Position
5. Ally Financial Inc (ALLY) - 131,331 shares, 3.44% of the total portfolio. Shares added by 11.18%

Gator Capital Management, LLC initiated holding in SunTrust Banks Inc. The purchase prices were between $64.86 and $72.85, with an estimated average price of $69.38. The stock is now traded at around $68.11. The impact to a portfolio due to this purchase was 4.37%. The holding were 66,509 shares as of 2018-03-31.

Gator Capital Management, LLC initiated holding in Zions Bancorp. The purchase prices were between $50.62 and $57.04, with an estimated average price of $53.82. The stock is now traded at around $57.01. The impact to a portfolio due to this purchase was 3.59%. The holding were 70,603 shares as of 2018-03-31.

Gator Capital Management, LLC initiated holding in Zions Bancorporation Warrants 05/21/2020. The purchase prices were between $18.25 and $24.29, with an estimated average price of $21.17. The stock is now traded at around $24.30. The impact to a portfolio due to this purchase was 2.92%. The holding were 148,819 shares as of 2018-03-31.

Gator Capital Management, LLC initiated holding in Barclays PLC. The purchase prices were between $10.52 and $12.33, with an estimated average price of $11.39. The stock is now traded at around $11.65. The impact to a portfolio due to this purchase was 2.21%. The holding were 193,400 shares as of 2018-03-31.

Gator Capital Management, LLC initiated holding in Vanguard Total Stock Market. The purchase prices were between $132.41 and $146.86, with an estimated average price of $140.18. The stock is now traded at around $139.63. The impact to a portfolio due to this purchase was 2.01%. The holding were 15,360 shares as of 2018-03-31.

Gator Capital Management, LLC initiated holding in PowerShares QQQ Trust Series 1. The purchase prices were between $153.45 and $174.08, with an estimated average price of $165.12. The stock is now traded at around $168.54. The impact to a portfolio due to this purchase was 1.98%. The holding were 12,800 shares as of 2018-03-31.

Gator Capital Management, LLC added to a holding in Ambac Financial Group Inc by 39.80%. The purchase prices were between $14.14 and $16.9, with an estimated average price of $15.46. The stock is now traded at around $18.47. The impact to a portfolio due to this purchase was 1.43%. The holding were 331,758 shares as of 2018-03-31.

Gator Capital Management, LLC added to a holding in KKR & Co LP by 29.16%. The purchase prices were between $20.2 and $24.41, with an estimated average price of $22.22. The stock is now traded at around $22.60. The impact to a portfolio due to this purchase was 0.96%. The holding were 217,934 shares as of 2018-03-31.

Gator Capital Management, LLC added to a holding in Lennar Corp by 49.62%. The purchase prices were between $56.58 and $71.82, with an estimated average price of $62.3. The stock is now traded at around $54.35. The impact to a portfolio due to this purchase was 0.4%. The holding were 21,097 shares as of 2018-03-31.

Gator Capital Management, LLC added to a holding in First Hawaiian Inc by 42.86%. The purchase prices were between $27.35 and $32.21, with an estimated average price of $29.09. The stock is now traded at around $27.87. The impact to a portfolio due to this purchase was 0.16%. The holding were 20,000 shares as of 2018-03-31.

Gator Capital Management, LLC sold out a holding in ProShares UltraPro S&P 500. The sale prices were between $123.29 and $172.44, with an estimated average price of $147.49.

Gator Capital Management, LLC sold out a holding in Direxion Small Cap Bull 3X Shares. The sale prices were between $60.01 and $80.67, with an estimated average price of $71.98.

Gator Capital Management, LLC sold out a holding in Royal Dutch Shell PLC. The sale prices were between $61.75 and $71.42, with an estimated average price of $65.87.

Gator Capital Management, LLC sold out a holding in Aqua America Inc. The sale prices were between $32.5 and $38.65, with an estimated average price of $34.82.

Gator Capital Management, LLC sold out a holding in Wynn Resorts Ltd. The sale prices were between $162 and $200.6, with an estimated average price of $172.85.

Gator Capital Management, LLC sold out a holding in DCT Industrial Trust Inc. The sale prices were between $52.69 and $59.19, with an estimated average price of $56.56.