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) 185

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 59.19%
Financial
Healthcare
Services
Technology
Transportation
Utilities 40.81%

4 Positions as of 12/31/2014

Company ▲ Class Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) Shares Held
BUCKEYE PARTNERS L P UNIT LTD PARTN 18,459 New 225,000
KINDER MORGAN INC DEL COM -5,281 Sold Out 0
PLAINS ALL AMERN PIPELINE L P UNIT LTD PARTN 91,164 New 1,820,000
TC PIPELINES LP UT COM LTD PRT 75,589 -2,157 (2.78) 1,129,539