CULLEN CAPITAL MANAGEMENT, LLC Information

645 FIFTH AVENUE, NEW YORK, New York, 10022, (212) 644-1800

Report Date: 12/31/2014

Position Statistics

Total Positions 183
New Positions 10
Increased Positions 73
Decreased Positions 54
Positions with Activity 127
Sold Out Positions 8
Total Mkt Value (in $ millions) 3,695

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

Sector Weighting

Basic Materials 3.58%
Capital Goods 7.99%
Conglomerates 0.07%
Consumer Cyclical 2.09%
Consumer/Non-Cyclical 13.95%
Energy 10.23%
Financial 17.33%
Healthcare 16.12%
Services 14.24%
Technology 11.03%
Transportation 0.19%
Utilities 2.96%

183 Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) Change in Value ($1,000s) ▲ Change (%) Shares Held
ALTRIA GROUP INC COM 108,177 -13,510 (11.1) 2,078,330
VODAFONE GROUP PLC NEW SPNSR ADR NO PAR 51,065 -10,050 (16.45) 1,503,668
RAYTHEON CO COM NEW 127,787 -9,493 (6.92) 1,173,110
MERCK & CO INC NEW COM 115,236 -8,268 (6.7) 1,992,320
JOHNSON & JOHNSON COM 108,464 -8,178 (7.01) 1,086,920
PT TELEKOMUNIKASI INDO PERSERO SHS SER B NEW 3,600 -8,040 (69.07) 17,912,500
DIAMOND OFFSHORE DRILLING INC COM 40,149 -6,560 (14.04) 1,284,350
RIOCAN REAL ESTATE INVT TR UNIT 4,662 -5,106 (52.27) 196,450
CANADIAN OIL SANDS LTD COM 277 -4,493 (94.19) 26,000
STATOIL ASA SHS 2,467 -4,216 (63.09) 122,000
CNOOC LTD SHS 4,981 -4,180 (45.63) 3,277,000
TOTAL S A SPONSORED ADR 6,876 -3,751 (35.29) 129,250
BNP PARIBAS ORD 7,615 -3,022 (28.41) 126,000
GDF SUEZ SHS 7,771 -2,927 (27.36) 375,050
ASSECO POLAND S A SHS 2,775 -2,170 (43.88) 179,042
BHP BILLITON LTD SHS 4,108 -2,119 (34.03) 174,500
ORKLA BORREGARD AS ORD CL A 9,243 -2,014 (17.89) 1,125,850
UNITED OVERSEAS BK LTD SHS 10,032 -1,641 (14.06) 580,900
ZURICH FINANCIAL SVC ORD 13,460 -1,599 (10.62) 42,090
SMITHS GROUP PLC SHS 2,524 -1,594 (38.71) 154,000