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) 4,207

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

Sector Weighting

Basic Materials 7.38%
Capital Goods 7.08%
Conglomerates
Consumer Cyclical 4.75%
Consumer/Non-Cyclical 3.58%
Energy 4.37%
Financial 15.77%
Healthcare 8.66%
Services 21.92%
Technology 19.67%
Transportation 3.46%
Utilities 3.29%

230 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 -27,932 Sold Out 0
HANGER INC COM NEW -17,910 Sold Out 0
CLECO CORP NEW COM 48,874 -17,770 (26.66) 898,427
LORILLARD INC COM -13,194 Sold Out 0
CEPHEID COM 35,004 -12,237 (25.9) 646,545
PROS HOLDINGS INC COM 11,327 -10,892 (49.02) 449,853
STEINER LEISURE LTD ORD -10,405 Sold Out 0
MIDDLEBY CORP COM 60,155 -9,757 (13.96) 586,195
GRAND CANYON ED INC COM 58,059 -8,318 (12.53) 1,328,886
MERCK & CO INC NEW COM 16,072 -6,411 (28.52) 278,296
BLACKBAUD INC COM 53,006 -6,262 (10.57) 1,132,839
COHU INC COM 1,043 -6,153 (85.51) 94,773
RBC BEARINGS INC COM 44,349 -5,888 (11.72) 586,777
CHEFS WHSE INC COM -5,104 Sold Out 0
RESMED INC COM -4,319 Sold Out 0
TRANSOCEAN LTD REG SHS -3,291 Sold Out 0
SEADRILL LIMITED SHS -2,896 Sold Out 0
BP PLC SPONSORED ADR 13,876 -2,045 (12.84) 350,303
ADVISORY BRD CO COM -1,928 Sold Out 0
NORTHWESTERN CORP COM NEW 46,286 -1,573 (3.29) 874,649