ARGYLL RESEARCH, LLC Information

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

Report Date: 03/31/2014

Position Statistics

Total Positions 5
New Positions 0
Increased Positions 1
Decreased Positions 0
Positions with Activity 1
Sold Out Positions 0
Total Mkt Value (in $ millions) 248

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 53.84%
Financial
Healthcare
Services
Technology
Transportation
Utilities 46.16%

5 Positions as of 03/31/2014

Company Class ▲ Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) Shares Held
ENERGY TRANSFER EQUITY L P COM UT LTD PTN 64,508 New 1,098,000
BUCKEYE PARTNERS L P UNIT LTD PARTN 24,741 New 300,000
PLAINS ALL AMERN PIPELINE L P UNIT LTD PARTN 108,872 New 1,820,000
TC PIPELINES LP UT COM LTD PRT 46,516 New 869,302
KINDER MORGAN ENERGY PARTNERS UT LTD PARTNER 3,553 522 17.22 42,200