AMERICAN RESEARCH & MANAGEMENT CO. Information

145 FRONT STREET, MARION, Massachusetts, 02738, (508) 748-1665

Report Date: 09/30/2014

Position Statistics

Total Positions 392
New Positions 3
Increased Positions 41
Decreased Positions 94
Positions with Activity 135
Sold Out Positions 14
Total Mkt Value (in $ millions) 270

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials 7.11%
Capital Goods 1.42%
Conglomerates 0.02%
Consumer Cyclical 2.44%
Consumer/Non-Cyclical 13.52%
Energy 12.82%
Financial 13.58%
Healthcare 10.28%
Services 8.49%
Technology 15.63%
Transportation 0.43%
Utilities 2.62%

135 Activity Positions as of 09/30/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
VORNADO RLTY TR PFD G 6.625% 630 101 19.12 24,300
DUKE REALTY CORP PFD 1/10 L 6.6 593 43 7.83 23,400
KNOWLES CORP COM 582 -127 (17.93) 32,094
BANK AMER CORP COM 578 -33 (5.37) 35,269
NATURAL RESOURCE PARTNERS L P COM UNIT L P 570 96 20.24 46,340
WELLS FARGO & CO NEW DEP SHS SER J 521 113 27.76 17,950
US BANCORP DEL DEP SHS PFD F 483 117 31.87 16,550
VERIZON COMMUNICATIONS INC COM 458 -1 (0.27) 9,489
STRATASYS LTD SHS 445 -23 (4.95) 3,840
KEWEENAW LAND ASSN LTD INT CTF 399 -28 (6.44) 3,630
DISNEY WALT CO COM DISNEY 374 -57 (13.15) 4,292
CDK GLOBAL INC COM 361 -4 (0.96) 12,847
RAYONIER INC COM 359 7 1.85 11,000
BOSTON PRIVATE FINL HLDGS INC DEP SHS 344 7 2.22 13,825
ISHARES 1-3 YR CR BD ETF 296 -212 (41.75) 2,800
POTASH CORP SASK INC COM 285 5 1.75 8,700
3-D SYS CORP DEL COM NEW 277 -17 (5.62) 7,560
WELLS FARGO & CO NEW COM 272 -65 (19.34) 5,422
CISCO SYS INC COM 263 -46 (15.01) 11,300
INTL FCSTONE INC COM 227 -14 (5.81) 13,385