BLACKHILL CAPITAL INC Information

161 MADISON AVENUE, MORRISTOWN, New Jersey, 07960, (973) 984-7014

Report Date: 12/31/2013

Position Statistics

Total Positions 118
New Positions 37
Increased Positions 51
Decreased Positions 31
Positions with Activity 82
Sold Out Positions 2
Total Mkt Value (in $ millions) 678

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

Sector Weighting

Basic Materials 2.19%
Capital Goods 0.94%
Conglomerates
Consumer Cyclical 44.54%
Consumer/Non-Cyclical 7.14%
Energy 9.11%
Financial 2.55%
Healthcare 19.66%
Services 6.48%
Technology 1.05%
Transportation 0.01%
Utilities 6.33%

118 Positions as of 12/31/2013

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
WILLIAMS SONOMA INC COM 301,580 -956 (0.32) 4,833,012
KINDER MORGAN MANAGEMENT LLC SHS 32,069 -202 (0.62) 430,974
PFIZER INC COM 23,357 -56 (0.24) 772,142
BRISTOL MYERS SQUIBB CO COM 22,764 -168 (0.73) 460,252
JOHNSON & JOHNSON COM 20,441 -123 (0.6) 206,557
DISNEY WALT CO COM DISNEY 20,066 New 250,860
EXPRESS SCRIPTS HLDG CO COM 14,975 -215 (1.41) 207,151
MEAD JOHNSON NUTRITION CO COM 14,908 -578 (3.73) 176,528
ABBVIE INC COM 12,951 -92 (0.71) 266,760
LILLY ELI & CO COM 12,654 New 209,400
ZOETIS INC CL A 12,110 1,171 10.70 423,425
KIMBERLY CLARK CORP COM 11,895 34 .29 105,700
PHILIP MORRIS INTL INC COM 10,974 -12 (0.11) 131,974
SIGMA ALDRICH CORP COM 10,889 -16 (0.15) 115,752
ABBOTT LABS COM 10,541 -74 (0.7) 270,760
ZIMMER HLDGS INC COM 10,141 -136 (1.33) 111,450
PROCTER & GAMBLE CO COM 9,619 12 .12 117,649
ENTERPRISE PRODS PARTNERS L P COM 9,439 -246 (2.54) 129,389
GENERAL ELECTRIC CO COM 9,018 61 .69 339,515
TC PIPELINES LP UT COM LTD PRT 8,689 -3 (0.03) 172,750