BIRCH HILL INVESTMENT ADVISORS LLC Information

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

Report Date: 12/31/2014

Position Statistics

Total Positions 142
New Positions 5
Increased Positions 36
Decreased Positions 84
Positions with Activity 120
Sold Out Positions 4
Total Mkt Value (in $ millions) 1,009

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

Sector Weighting

Basic Materials 1.47%
Capital Goods 2.48%
Conglomerates
Consumer Cyclical 7.26%
Consumer/Non-Cyclical 7.99%
Energy 6.82%
Financial 19.83%
Healthcare 14.33%
Services 13%
Technology 17.75%
Transportation 5.21%
Utilities 0.61%

142 Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
MERCK & CO INC NEW COM 7,679 1,395 22.19 128,283
BERKSHIRE HATHAWAY INC DEL CL B NEW 7,072 -583 (7.62) 49,328
BOSTON PROPERTIES INC COM 7,066 3,122 79.14 53,148
CARNIVAL CORP PAIRED CTF 6,032 -85 (1.38) 135,461
MCCORMICK & CO INC COM NON VTG 5,903 -120 (2) 77,513
AIR PRODS & CHEMS INC COM 5,620 -1,285 (18.61) 38,337
ISHARES TR CORE S&P500 ETF 5,530 15 .27 26,071
MARKET VECTORS ETF TR OIL SVCS ETF 5,261 5,261 New 134,840
MONSANTO CO NEW COM 4,962 116 2.40 41,891
GRAINGER W W INC COM 4,774 27 .58 19,177
BAKER HUGHES INC COM 4,506 166 3.82 65,290
PROCTER & GAMBLE CO COM 4,422 -468 (9.57) 55,081
INTERNATIONAL BUSINESS MACHS COM 4,409 -104 (2.31) 25,385
ISHARES TR MSCI EAFE ETF 4,137 -36 (0.87) 61,516
COMCAST CORP NEW CL A SPL 3,615 -731 (16.82) 62,170
3M CO COM 3,404 -6 (0.19) 21,586
AUTOMATIC DATA PROCESSING INC COM 3,246 -607 (15.74) 37,733
ISHARES TR MSCI EMG MKT ETF 3,192 -32 (1.01) 73,985
CVS HEALTH CORP COM 3,177 79 2.56 31,622
EMERSON ELEC CO COM 3,051 -9 (0.29) 51,431