ARGYLL RESEARCH, LLC Information

2711 CENTERVILLE ROAD, WILMINGTON, Delaware, 19808-1646, (302) 382-7844

Report Date: 12/31/2014

Position Statistics

Total Positions 4
New Positions 0
Increased Positions 0
Decreased Positions 2
Positions with Activity 2
Sold Out Positions 1
Total Mkt Value (in $ millions) 182

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

Sector Weighting

Basic Materials
Capital Goods
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical
Energy 59.28%
Financial
Healthcare
Services
Technology
Transportation
Utilities 40.72%

2 DECREASED Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
TC PIPELINES LP UT COM LTD PRT 73,917 -2,110 (2.78) 1,129,539
KINDER MORGAN INC DEL COM -5,047 Sold Out 0