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) 270

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

Sector Weighting

Basic Materials 6.49%
Capital Goods 1.5%
Conglomerates 0.02%
Consumer Cyclical 2.76%
Consumer/Non-Cyclical 14.04%
Energy 9.96%
Financial 14.12%
Healthcare 10.98%
Services 8.87%
Technology 16.94%
Transportation 0.38%
Utilities 2.26%

47 INCREASED Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
VANGUARD BD INDEX FD INC SHORT TRM BOND 80 80 New 1,000
ROYAL DUTCH SHELL PLC SPONS ADR A 54 .59 859
COHEN & STEERS SLT PFD INCM FD COM 53 53 New 2,000
NEWMONT MINING CORP COM 45 45 New 2,000
SPDR SERIES TRUST S&P BIOTECH 26 22 500 120
COSTCO WHSL CORP NEW COM 21 6 40 140
TEXAS INSTRS INC COM 21 2 8 378
YUM BRANDS INC COM 19 7 62.67 244
ITT CORP NEW COM NEW 17 .46 442
FIDELITY MSCI MATLS INDEX 14 14 New 500
PROTEON THERAPEUTICS INC COM 12 12 New 1,000
FRONTIER COMMUNICATIONS CORP COM 11 1 10.95 1,469
ALIBABA GROUP HLDG LTD SPONSORED ADS 10 8 400 125
STARBUCKS CORP COM 10 10 New 100
SPDR GOLD TRUST GOLD SHS 9 6 200 75
TWITTER INC COM 8 5 142.86 170
UNITED THERAPEUTICS CORP DEL COM 8 8 New 50
ELECTRONIC ARTS INC COM 8 4.44 141
BARCLAYS BK PLC ETN DJUBS COPR37 5 5 New 150
ISHARES SILVER TRUST ISHARES 5 5 New 300