AMERICAN RESEARCH & MANAGEMENT CO. Information

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

Report Date: 12/31/2014

Position Statistics

Total Positions 399
New Positions 18
Increased Positions 47
Decreased Positions 103
Positions with Activity 150
Sold Out Positions 24
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 6.58%
Capital Goods 1.5%
Conglomerates 0.02%
Consumer Cyclical 2.67%
Consumer/Non-Cyclical 14.51%
Energy 10.54%
Financial 14.02%
Healthcare 10.93%
Services 9%
Technology 16.52%
Transportation 0.36%
Utilities 2.38%

103 DECREASED Positions as of 12/31/2014

Company Class ▲ Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) Shares Held
ISHARES 1-3 YR CR BD ETF 242 -53 (17.86) 2,300
HONDA MOTOR LTD AMERN SHS 23 -12 (33.33) 750
FACEBOOK INC CL A 172 (0.23) 2,204
MARRIOTT INTL INC NEW CL A 905 -8 (0.86) 11,530
WILEY JOHN & SONS INC CL A 3,914 -21 (0.55) 63,915
FREEPORT-MCMORAN INC CL B -10 Sold Out 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 2,067 -24 (1.14) 13,860
MCGRAW HILL FINL INC COM 60 -14 (18.75) 650
ADOBE SYS INC COM 2,083 -37 (1.75) 28,120
ALTRIA GROUP INC COM 4,968 -103 (2.03) 91,684
AMGEN INC COM 1,075 -28 (2.54) 6,724
ANALOG DEVICES INC COM 8,264 -33 (0.39) 151,604
APACHE CORP COM 4 -22 (85.37) 60
AT&T INC COM 1,352 -3 (0.25) 40,513
ATWOOD OCEANICS INC COM 27 -654 (95.99) 950
AUTOMATIC DATA PROCESSING INC COM 3,326 -22 (0.65) 38,291
BANK AMER CORP COM 551 -4 (0.71) 35,019
BANK MONTREAL QUE COM -17 Sold Out 0
BB&T CORP COM -4 Sold Out 0
BEMIS INC COM -27 Sold Out 0