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) 244

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

Sector Weighting

Basic Materials 6.71%
Capital Goods 1.64%
Conglomerates 0.02%
Consumer Cyclical 2.77%
Consumer/Non-Cyclical 14.59%
Energy 9.08%
Financial 16.66%
Healthcare 11.75%
Services 9.35%
Technology 19.73%
Transportation 0.3%
Utilities 2.45%

52 INCREASED Positions as of 03/31/2015

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
WATERS CORP COM 6,584 302 4.80 51,285
GLACIER BANCORP INC NEW COM 6,382 41 .65 216,936
SPDR SERIES TRUST WELLS FG PFD ETF 4,659 11 .23 107,384
APPLE INC COM 4,570 429 10.36 36,439
NESTLE S A SPONSORED ADR 4,465 24 .55 61,875
SCHWAB CHARLES CORP NEW COM 3,696 222 6.39 113,200
WILEY JOHN & SONS INC CL A 3,630 155 4.47 66,770
DU PONT E I DE NEMOURS & CO COM 2,277 72 3.26 35,610
ALLIED WRLD ASSUR COM HLDG AG SHS 1,695 479 39.43 39,215
MARKET VECTORS ETF TR EM LC CURR DBT 1,517 23 1.57 77,650
PFIZER INC COM 1,104 .03 32,929
MARRIOTT INTL INC NEW CL A 870 12 1.45 11,697
WELLS FARGO & CO NEW DEP SHS SER J 761 31 4.25 27,000
VORNADO RLTY TR PFD G 6.625% 737 38 5.40 29,300
ISHARES JP MOR EM MK ETF 722 3 .38 6,570
VERIZON COMMUNICATIONS INC COM 468 32 7.27 10,048
HEALTH CARE REIT INC COM 410 302 279.47 6,246
CAMBRIDGE BANCORP COM 350 350 New 7,608
VANGUARD INTL EQUITY INDEX FD FTSE EMR MKT ETF 315 4 1.18 7,708
ISHARES U.S. PFD STK ETF 286 78 37.74 7,300