AMERICAN RESEARCH & MANAGEMENT CO. Information

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

Report Date: 12/31/2014

Position Statistics

Total Positions 398
New Positions 18
Increased Positions 47
Decreased Positions 103
Positions with Activity 150
Sold Out Positions 24
Total Mkt Value (in $ millions) 276

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

Sector Weighting

Basic Materials 6.6%
Capital Goods 1.5%
Conglomerates 0.02%
Consumer Cyclical 2.71%
Consumer/Non-Cyclical 14.26%
Energy 10.11%
Financial 13.94%
Healthcare 10.86%
Services 8.77%
Technology 16.98%
Transportation 0.38%
Utilities 2.22%

103 DECREASED Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▲ Change in Value ($1,000s) Change (%) Shares Held
BANK MONTREAL QUE COM -17 Sold Out 0
BB&T CORP COM -4 Sold Out 0
BEMIS INC COM -29 Sold Out 0
CAMBRIDGE BANCORP COM -339 Sold Out 0
CANADIAN OIL SANDS LTD COM -4 Sold Out 0
DUKE REALTY CORP PFD 1/10 L 6.6 -586 Sold Out 0
ECOLAB INC COM -46 Sold Out 0
ENBRIDGE ENERGY PARTNERS L P COM -31 Sold Out 0
ENBRIDGE INC COM -37 Sold Out 0
FAIRPOINT COMMUNICATIONS INC COM Sold Out 0
FREEPORT-MCMORAN INC CL B -11 Sold Out 0
HALYARD HEALTH INC COM Sold Out 0
HAWKINS INC COM -19 Sold Out 0
IDEARC INC COM Sold Out 0
IRON MTN INC NEW COM -15 Sold Out 0
LOCKHEED MARTIN CORP COM -29 Sold Out 0
LORILLARD INC COM -25 Sold Out 0
MICROCHIP TECHNOLOGY INC COM -21 Sold Out 0
RAYONIER ADVANCED MATLS INC COM -113 Sold Out 0
RAYONIER INC COM -302 Sold Out 0