AMERICAN RESEARCH & MANAGEMENT CO. Information

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

Report Date: 06/30/2014

Position Statistics

Total Positions 398
New Positions 9
Increased Positions 47
Decreased Positions 93
Positions with Activity 140
Sold Out Positions 8
Total Mkt Value (in $ millions) 289

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

Sector Weighting

Basic Materials 7.42%
Capital Goods 1.38%
Conglomerates 0.02%
Consumer Cyclical 2.24%
Consumer/Non-Cyclical 12.45%
Energy 13.92%
Financial 13.33%
Healthcare 9.72%
Services 8.27%
Technology 15.93%
Transportation 0.52%
Utilities 2.43%

93 DECREASED Positions as of 06/30/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
PHILIP MORRIS INTL INC COM 4,144 -34 (0.82) 48,172
ALTRIA GROUP INC COM 4,073 -92 (2.2) 96,584
LEUCADIA NATL CORP COM 4,069 -83 (2.01) 160,773
WILEY JOHN & SONS INC CL A 4,020 -48 (1.17) 65,285
TRANSCANADA CORP COM 3,952 -20 (0.51) 77,953
REALTY INCOME CORP COM 3,572 -33 (0.92) 78,005
AUTOMATIC DATA PROCESSING INC COM 3,153 -41 (1.27) 38,916
SCHWAB CHARLES CORP NEW COM 2,969 -14 (0.47) 106,750
MERCK & CO INC NEW COM 2,912 -6 (0.19) 49,907
E M C CORP MASS COM 2,706 -26 (0.94) 100,308
ROYAL DUTCH SHELL PLC SPON ADR B 2,695 -35 (1.27) 31,205
FIRST POTOMAC RLTY TR COM 2,459 -24 (0.97) 183,658
TORONTO DOMINION BK ONT COM NEW 2,432 -17 (0.68) 47,036
STRYKER CORP COM 2,400 -25 (1.02) 29,215
ISHARES IBOXX INV CP ETF 2,393 -156 (6.13) 20,065
PAYCHEX INC COM 2,382 -46 (1.91) 56,570
COCA COLA CO COM 2,260 -21 (0.93) 53,257
ADOBE SYS INC COM 2,118 -4 (0.17) 29,195
PORTFOLIO RECOVERY ASSOCS INC COM 2,050 -21 (1.03) 33,685
F5 NETWORKS INC COM 1,996 -32 (1.58) 18,110