GANNETT WELSH & KOTLER Information

222 BERKELEY ST SUITE 1500, BOSTON, Massachusetts, 02116, (617) 236-8900

Report Date: 12/31/2014

Position Statistics

Total Positions 230
New Positions 7
Increased Positions 149
Decreased Positions 77
Positions with Activity 226
Sold Out Positions 13
Total Mkt Value (in $ millions) 4,177

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

Sector Weighting

Basic Materials 7.22%
Capital Goods 7.09%
Conglomerates
Consumer Cyclical 4.65%
Consumer/Non-Cyclical 3.56%
Energy 4.41%
Financial 15.91%
Healthcare 8.71%
Services 22.04%
Technology 19.54%
Transportation 3.47%
Utilities 3.34%

7 New Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
OLD REP INTL CORP COM 11,633 11,633 New 778,115
ISHARES TR RUSSELL 2000 ETF 10,927 10,927 New 89,223
COVANTA HLDG CORP COM 9,587 9,587 New 430,315
ISHARES TR SELECT DIVID ETF 4,442 4,442 New 57,253
ABIOMED INC COM 2,774 2,774 New 39,330
SPDR S&P 500 ETF TR TR UNIT 1,506 1,506 New 7,321
DEERE & CO COM 200 200 New 2,267