GUARDIAN INVESTMENT MANAGEMENT Information

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

Report Date: 12/31/2014

Position Statistics

Total Positions 61
New Positions 6
Increased Positions 20
Decreased Positions 10
Positions with Activity 30
Sold Out Positions 8
Total Mkt Value (in $ millions) 98

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

Sector Weighting

Basic Materials 5.08%
Capital Goods 8.11%
Conglomerates
Consumer Cyclical 1.67%
Consumer/Non-Cyclical 12.29%
Energy 15.59%
Financial 20.38%
Healthcare 17.97%
Services 3.37%
Technology 10.36%
Transportation 3.7%
Utilities 1.48%

61 Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
VISA INC COM CL A 7,124 New 108,000
CHEVRON CORP NEW COM 5,400 New 50,000
EXXON MOBIL CORP COM 4,431 New 50,000
GENERAL ELECTRIC CO COM 4,038 673 20 150,000
JOHNSON & JOHNSON COM 3,980 796 25 40,000
AMGEN INC COM 3,635 .01 22,800
INTEL CORP COM 3,590 New 110,000
BRISTOL MYERS SQUIBB CO COM 3,382 New 52,000
AT&T INC COM 3,305 New 98,000
3M CO COM 3,158 New 20,000
PROCTER & GAMBLE CO COM 2,642 New 33,000
WELLS FARGO & CO NEW COM 2,619 New 47,000
PFIZER INC COM 2,388 New 70,000
BOEING CO COM 2,144 73 3.55 15,000
DU PONT E I DE NEMOURS & CO COM 1,965 New 27,000
APPLE INC COM 1,887 1,887 New 15,000
AMERICAN EXPRESS CO COM 1,879 New 24,140
CONOCOPHILLIPS COM 1,680 New 25,000
CATERPILLAR INC DEL COM 1,653 30 1.82 19,000
KIMBERLY CLARK CORP COM 1,641 New 15,000