CORTLAND ADVISERS LLC Information

2711 CENTERVILLE ROAD, WILMINGTON, Delaware, 19808, (302) 351-8049

Report Date: 03/31/2014

Position Statistics

Total Positions 30
New Positions 0
Increased Positions 2
Decreased Positions 10
Positions with Activity 12
Sold Out Positions 2
Total Mkt Value (in $ millions) 5,024

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

Sector Weighting

Basic Materials
Capital Goods
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical
Energy 37%
Financial 50.02%
Healthcare
Services 5.59%
Technology
Transportation
Utilities 7.39%

30 Positions as of 03/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
ENTERPRISE PRODS PARTNERS L P COM 371,300 New 4,700,000
SCHLUMBERGER LTD COM 361,920 New 3,200,000
BANK NEW YORK MELLON CORP COM 359,919 New 9,050,000
CHEVRON CORP NEW COM 337,125 New 2,500,000
KINDER MORGAN MANAGEMENT LLC SHS 322,083 5,646 1.78 3,984,692
WELLS FARGO & CO NEW COM 283,745 New 5,500,000
BERKSHIRE HATHAWAY INC DEL CL B NEW 256,700 New 2,000,000
CME GROUP INC COM 226,080 New 3,000,000
AMERICAN INTL GROUP INC COM NEW 223,582 -13,649 (5.75) 4,052,602
STATE STR CORP COM 222,137 New 3,104,206
SUNCOR ENERGY INC NEW COM 214,309 New 5,070,000
LOEWS CORP COM 191,423 -14,672 (7.12) 4,365,408
AON PLC SHS CL A 177,392 -4,549 (2.5) 1,950,000
US BANCORP DEL COM NEW 170,920 New 4,000,000
VERIZON COMMUNICATIONS INC COM 153,150 New 3,000,000
DEVON ENERGY CORP NEW COM 152,133 -77,054 (33.62) 1,925,000
ZIONS BANCORPORATION COM 147,450 New 5,000,000
JPMORGAN CHASE & CO COM 142,008 -38,461 (21.31) 2,400,000
PHILLIPS 66 COM 120,254 New 1,464,724
SOUTHWESTERN ENERGY CO COM 99,744 New 2,400,000