BREMER TRUST NATIONAL ASSOCIATION Information

1100 WEST SAINT GERMAIN STREET, ST. CLOUD, Minnesota, 56301, (320) 258-2456

Report Date: 12/31/2014

Position Statistics

Total Positions 229
New Positions 17
Increased Positions 131
Decreased Positions 81
Positions with Activity 212
Sold Out Positions 18
Total Mkt Value (in $ millions) 318

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

Sector Weighting

Basic Materials 4.15%
Capital Goods 4.68%
Conglomerates
Consumer Cyclical 3.1%
Consumer/Non-Cyclical 9.71%
Energy 7.87%
Financial 18.43%
Healthcare 13.56%
Services 14.89%
Technology 18.1%
Transportation 1.89%
Utilities 3.49%

81 DECREASED Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
APPLE INC COM 10,906 -150 (1.36) 84,849
CELGENE CORP COM 6,982 -305 (4.18) 58,395
TARGET CORP COM 6,307 -40 (0.62) 81,156
COMCAST CORP NEW CL A 6,274 -47 (0.74) 103,818
AIR PRODS & CHEMS INC COM 6,148 -73 (1.17) 39,730
PEPSICO INC COM 5,831 -1 (0.02) 59,895
STATE STR CORP COM 5,594 -59 (1.05) 74,455
ECOLAB INC COM 4,913 -68 (1.36) 42,286
CISCO SYS INC COM 4,717 -49 (1.03) 160,836
EXPRESS SCRIPTS HLDG CO COM 4,579 -62 (1.34) 53,982
AKAMAI TECHNOLOGIES INC COM 4,524 -62 (1.35) 63,670
MYLAN N V SHS EURO 4,239 -23 (0.53) 76,229
NIKE INC CL B 4,138 -87 (2.06) 42,428
VODAFONE GROUP PLC NEW SPNSR ADR NO PAR 3,948 -70 (1.75) 114,108
F5 NETWORKS INC COM 3,838 -87 (2.21) 32,191
STERICYCLE INC COM 3,654 -15 (0.41) 27,041
EXPEDITORS INTL WASH INC COM 3,469 -7 (0.21) 72,276
GOOGLE INC CL C 3,375 -14 (0.41) 5,886
QUANTA SVCS INC COM 2,521 -5 (0.21) 88,161
WELLS FARGO & CO NEW COM 2,518 -22 (0.88) 45,940