GANNETT WELSH & KOTLER Information

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

Report Date: 12/31/2014

Position Statistics

Total Positions 231
New Positions 7
Increased Positions 150
Decreased Positions 77
Positions with Activity 227
Sold Out Positions 13
Total Mkt Value (in $ millions) 4,102

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

Sector Weighting

Basic Materials 7.1%
Capital Goods 6.85%
Conglomerates
Consumer Cyclical 4.51%
Consumer/Non-Cyclical 3.5%
Energy 4.6%
Financial 15.47%
Healthcare 9.49%
Services 22.29%
Technology 19.03%
Transportation 3.51%
Utilities 3.59%

231 Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) Change in Value ($1,000s) ▲ Change (%) Shares Held
LEGACY TEX FINL GROUP INC COM -25,007 Sold Out 0
CLECO CORP NEW COM 49,171 -17,877 (26.66) 898,427
HANGER INC COM NEW -16,973 Sold Out 0
LORILLARD INC COM -12,775 Sold Out 0
CEPHEID COM 35,573 -12,436 (25.9) 646,545
PROS HOLDINGS INC COM 12,196 -11,727 (49.02) 449,853
STEINER LEISURE LTD ORD -9,873 Sold Out 0
MIDDLEBY CORP COM 56,714 -9,199 (13.96) 586,195
GRAND CANYON ED INC COM 59,441 -8,516 (12.53) 1,328,886
MERCK & CO INC NEW COM 17,391 -6,937 (28.52) 278,296
COHU INC COM 1,090 -6,433 (85.51) 94,773
BLACKBAUD INC COM 52,099 -6,155 (10.57) 1,132,839
CHEFS WHSE INC COM -5,252 Sold Out 0
RBC BEARINGS INC COM 36,468 -4,842 (11.72) 586,777
RESMED INC COM -3,938 Sold Out 0
TRANSOCEAN LTD REG SHS -3,559 Sold Out 0
SEADRILL LIMITED SHS -3,022 Sold Out 0
BP PLC SPONSORED ADR 13,627 -2,008 (12.84) 350,303
NORTHWESTERN CORP COM NEW 51,692 -1,757 (3.29) 874,649
ADVISORY BRD CO COM -1,715 Sold Out 0