GUARDIAN INVESTMENT MANAGEMENT Information

425 CALIFORNIA STREET,17TH FLR., SAN FRANCISCO,CA., California, 94104, (415) 765-6860

Report Date: 12/31/2013

Position Statistics

Total Positions 63
New Positions 8
Increased Positions 31
Decreased Positions 4
Positions with Activity 35
Sold Out Positions 2
Total Mkt Value (in $ millions) 91

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

Sector Weighting

Basic Materials 4.83%
Capital Goods 10%
Conglomerates
Consumer Cyclical 1.75%
Consumer/Non-Cyclical 11.4%
Energy 21.28%
Financial 11.78%
Healthcare 14.02%
Services 8.31%
Technology 9.76%
Transportation 3.38%
Utilities 2.22%

63 Positions as of 12/31/2013

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
CHEVRON CORP NEW COM 6,184 New 50,000
EXXON MOBIL CORP COM 4,820 -201 (4) 48,000
AT&T INC COM 3,532 New 98,000
GENERAL ELECTRIC CO COM 3,187 544 20.60 120,000
JOHNSON & JOHNSON COM 3,167 198 6.67 32,000
INTEL CORP COM 2,974 541 22.22 110,000
3M CO COM 2,755 New 20,000
PROCTER & GAMBLE CO COM 2,698 245 10 33,000
AMGEN INC COM 2,632 New 22,797
BRISTOL MYERS SQUIBB CO COM 2,572 152 6.27 52,000
CONOCOPHILLIPS COM 2,243 New 30,000
PFIZER INC COM 2,118 151 7.69 70,000
AMERICAN EXPRESS CO COM 2,081 New 24,140
CATERPILLAR INC DEL COM 1,919 New 18,660
BOEING CO COM 1,853 New 14,486
DU PONT E I DE NEMOURS & CO COM 1,808 335 22.73 27,000
TRINITY INDS INC COM 1,771 New 25,000
SCHLUMBERGER LTD COM 1,698 200 13.33 17,000
KIMBERLY CLARK CORP COM 1,688 New 15,000
DUKE ENERGY CORP NEW COM NEW 1,379 218 18.75 19,000