CORTLAND ADVISERS LLC Information

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

Report Date: 12/31/2013

Position Statistics

Total Positions 31
New Positions 1
Increased Positions 3
Decreased Positions 2
Positions with Activity 5
Sold Out Positions 2
Total Mkt Value (in $ millions) 4,896

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 38.83%
Financial 49.48%
Healthcare
Services 4.69%
Technology
Transportation
Utilities 7%

31 Positions as of 12/31/2013

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
ENTERPRISE PRODS PARTNERS L P COM 342,865 New 4,700,000
SCHLUMBERGER LTD COM 319,712 New 3,200,000
CHEVRON CORP NEW COM 309,200 New 2,500,000
BANK NEW YORK MELLON CORP COM 305,528 New 9,050,000
KINDER MORGAN MANAGEMENT LLC SHS 291,304 5,041 1.76 3,914,847
WELLS FARGO & CO NEW COM 269,115 New 5,500,000
BERKSHIRE HATHAWAY INC DEL CL B NEW 254,360 New 2,000,000
AMERICAN INTL GROUP INC COM NEW 218,526 New 4,300,000
CME GROUP INC COM 207,900 New 3,000,000
LOEWS CORP COM 206,565 New 4,700,000
DEVON ENERGY CORP NEW COM 205,030 New 2,900,000
STATE STR CORP COM 203,419 New 3,104,206
SUNCOR ENERGY INC NEW COM 186,221 New 5,070,000
JPMORGAN CHASE & CO COM 168,421 New 3,050,000
AON PLC SHS CL A 164,280 New 2,000,000
US BANCORP DEL COM NEW 161,000 New 4,000,000
ZIONS BANCORPORATION COM 151,100 New 5,000,000
APACHE CORP COM 143,081 New 1,681,131
VERIZON COMMUNICATIONS INC COM 142,800 New 3,000,000
PHILLIPS 66 COM 117,588 18,063 18.15 1,464,724