AMERICAN RESEARCH & MANAGEMENT CO. Information

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

Report Date: 06/30/2014

Position Statistics

Total Positions 397
New Positions 9
Increased Positions 47
Decreased Positions 92
Positions with Activity 139
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 7.37%
Capital Goods 1.36%
Conglomerates 0.02%
Consumer Cyclical 2.25%
Consumer/Non-Cyclical 12.34%
Energy 13.96%
Financial 13.3%
Healthcare 9.71%
Services 8.23%
Technology 15.95%
Transportation 0.53%
Utilities 2.48%

92 DECREASED Positions as of 06/30/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
CRIMSON WINE GROUP LTD COM 10 -3 (24.43) 1,098
BARCLAYS BK PLC DJUBS CMDT ETN36 6 -14 (70.59) 150
ROCKWELL AUTOMATION INC COM 4 -2 (30) 35
SPDR GOLD TRUST GOLD SHS 3 -24 (88.37) 25
HECLA MNG CO COM -2 Sold Out 0
HOME DEPOT INC COM -24 Sold Out 0
ISHARES FTSE CHINA ETF -5 Sold Out 0
ISHARES TR RUS 1000 VAL ETF -35 Sold Out 0
LIFEWAY FOODS INC COM -1 Sold Out 0
PUBLIC SVC ENTERPRISE GROUP COM -4 Sold Out 0
SOUTHERN COPPER CORP COM -34 Sold Out 0
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF -15 Sold Out 0