BEACH INVESTMENT MANAGEMENT, LLC. Information

300 BARR HARBOR DRIVE, WEST CONSHOHOCKEN, Pennsylvania, 19428, (610) 940-1111

Report Date: 12/31/2014

Position Statistics

Total Positions 58
New Positions 10
Increased Positions 22
Decreased Positions 20
Positions with Activity 42
Sold Out Positions 11
Total Mkt Value (in $ millions) 71

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

Sector Weighting

Basic Materials
Capital Goods 1.36%
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical 8.88%
Energy 9.95%
Financial 19.01%
Healthcare 10.89%
Services 10.37%
Technology 13.61%
Transportation 12.29%
Utilities 11.7%

58 Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
APPLE INC COM 5,277 484 10.09 40,920
MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP 4,056 New 48,272
ENERGY TRANSFER EQUITY L P COM UT LTD PTN 3,399 New 49,860
ENTERPRISE PRODS PARTNERS L P COM 3,249 New 94,950
JOHNSON & JOHNSON COM 3,117 New 31,130
MICROSOFT CORP COM 2,693 2,693 New 55,350
NESTLE S A SPONSORED ADR 2,496 -230 (8.43) 31,945
UNITED CONTL HLDGS INC COM 2,242 New 36,520
RESOURCE AMERICA INC CL A 2,188 New 256,851
JPMORGAN CHASE & CO COM 1,999 -803 (28.66) 31,420
BLACKROCK INC COM 1,806 612 51.24 4,900
CITIGROUP INC COM NEW 1,745 1,445 482.59 32,450
PLAINS ALL AMERN PIPELINE L P UNIT LTD PARTN 1,717 New 34,276
UNITED PARCEL SERVICE INC CL B 1,708 1,708 New 16,850
ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR 1,667 733 78.54 13,730
MORGAN STANLEY COM NEW 1,550 673 76.77 41,310
AMERICAN AIRLS GROUP INC COM 1,380 173 14.36 27,950
UNION PAC CORP COM 1,316 464 54.49 12,220
TWENTY FIRST CENTY FOX INC CL A 1,305 878 205.19 37,840
MICRON TECHNOLOGY INC COM 1,297 332 34.36 44,732