BIRCH HILL INVESTMENT ADVISORS LLC Information

24 FEDERAL STREET, BOSTON, Massachusetts, 02110, (617) 502-8300

Report Date: 03/31/2014

Position Statistics

Total Positions 144
New Positions 4
Increased Positions 46
Decreased Positions 80
Positions with Activity 126
Sold Out Positions 7
Total Mkt Value (in $ millions) 961

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

Sector Weighting

Basic Materials 1.71%
Capital Goods 2.35%
Conglomerates
Consumer Cyclical 6.67%
Consumer/Non-Cyclical 8.71%
Energy 10.05%
Financial 21.61%
Healthcare 13.66%
Services 10.65%
Technology 19.17%
Transportation 4.69%
Utilities 0.72%

46 INCREASED Positions as of 03/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
FISERV INC COM 40,006 2,203 5.83 641,532
GENTEX CORP COM 35,080 860 2.51 1,210,480
ECOLAB INC COM 33,396 2,242 7.20 304,068
QUALCOMM INC COM 27,931 29 .10 370,880
CAPITAL ONE FINL CORP COM 27,161 11,408 72.41 334,535
DONALDSON INC COM 23,534 5,562 30.95 593,255
AMAZON COM INC COM 20,238 1,035 5.39 63,243
UNITED PARCEL SERVICE INC CL B 19,766 572 2.98 199,939
BAXTER INTL INC COM 19,408 264 1.38 254,231
CAMERON INTERNATIONAL CORP COM 18,512 521 2.90 251,755
GOLDMAN SACHS GROUP INC COM 17,379 22 .13 99,003
UNITED TECHNOLOGIES CORP COM 17,206 288 1.70 160,305
EBAY INC COM 15,796 887 5.95 296,860
COLGATE PALMOLIVE CO COM 15,124 196 1.31 227,903
E M C CORP MASS COM 14,764 6,195 72.29 500,991
JPMORGAN CHASE & CO COM 14,747 555 3.91 251,480
FEDEX CORP COM 12,595 2,191 21.06 85,600
COSTCO WHSL CORP NEW COM 11,487 8,849 335.38 96,610
PEPSICO INC COM 10,472 103 .99 116,180
ZIMMER HLDGS INC COM 8,057 491 6.49 79,824