AMERICAN RESEARCH & MANAGEMENT CO. Information

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

Report Date: 03/31/2015

Position Statistics

Total Positions 390
New Positions 17
Increased Positions 52
Decreased Positions 112
Positions with Activity 164
Sold Out Positions 19
Total Mkt Value (in $ millions) 251

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

Sector Weighting

Basic Materials 6.94%
Capital Goods 1.58%
Conglomerates 0.02%
Consumer Cyclical 2.82%
Consumer/Non-Cyclical 14.63%
Energy 9.73%
Financial 15.98%
Healthcare 11.66%
Services 9.37%
Technology 19.4%
Transportation 0.31%
Utilities 2.69%

112 DECREASED Positions as of 03/31/2015

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
AUTOMATIC DATA PROCESSING INC COM 3,234 -60 (1.83) 37,591
MERCK & CO INC NEW COM 2,993 -9 (0.29) 50,007
PAYCHEX INC COM 2,727 -7 (0.27) 55,820
STRYKER CORP COM 2,656 -72 (2.65) 28,440
PRIVATEBANCORP CAP TR IV PFD TR SECS 2,593 -53 (1.99) 96,351
E M C CORP MASS COM 2,532 -47 (1.84) 93,375
SAFEGUARD SCIENTIFICS INC COM NEW 2,420 -63 (2.55) 137,116
LEUCADIA NATL CORP COM 2,260 -448 (16.54) 94,335
F5 NETWORKS INC COM 2,170 -53 (2.39) 17,590
GENTEX CORP COM 2,129 -68 (3.11) 121,400
ADOBE SYS INC COM 2,115 -34 (1.6) 27,670
ROYAL DUTCH SHELL PLC SPON ADR B 2,067 -14 (0.65) 32,065
COCA COLA CO COM 2,042 -86 (4.04) 49,910
ISHARES TR IBOXX INV CP ETF 2,032 -116 (5.4) 17,080
FIRST POTOMAC RLTY TR COM 1,893 -33 (1.72) 176,708
PRA GROUP INC COM 1,809 -35 (1.92) 33,135
ENERGY TRANSFER PRTNRS L P UNIT LTD PARTN 1,793 -168 (8.55) 30,444
TELEFLEX INC COM 1,686 -233 (12.13) 13,754
CENOVUS ENERGY INC COM 1,492 -1,385 (48.15) 78,583
AT&T INC COM 1,371 -23 (1.67) 39,838