HERNDON CAPITAL MANAGEMENT LLC Information

191 PEACHTREE ST. N E, ATLANTA, Georgia, 30303, (404) 232-8836

Report Date: 12/31/2013

Position Statistics

Total Positions 196
New Positions 18
Increased Positions 40
Decreased Positions 151
Positions with Activity 191
Sold Out Positions 23
Total Mkt Value (in $ millions) 8,018

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

Sector Weighting

Basic Materials 6.11%
Capital Goods 6.77%
Conglomerates
Consumer Cyclical 0.16%
Consumer/Non-Cyclical 9.69%
Energy 24.87%
Financial 14.67%
Healthcare 6.4%
Services 14.49%
Technology 11.75%
Transportation 4.04%
Utilities 1.02%

40 INCREASED Positions as of 12/31/2013

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
INTERNATIONAL BUSINESS MACHS COM 185,894 47,586 34.41 978,339
UNITED THERAPEUTICS CORP DEL COM 181,840 74,678 69.69 1,890,227
WESTERN UN CO COM 162,894 31,850 24.31 10,681,561
LANDSTAR SYS INC COM 156,732 64,503 69.94 2,568,949
KELLOGG CO COM 155,452 153,222 6,872.74 2,343,258
MURPHY OIL CORP COM 150,487 71,096 89.55 2,353,566
AES CORP COM 78,688 72,007 1,077.79 5,518,074
OASIS PETE INC NEW COM 76,929 75,569 5,557.04 1,625,719
ROSS STORES INC COM 66,115 61,482 1,326.79 958,333
SM ENERGY CO COM 64,681 64,681 New 840,010
HERBALIFE LTD COM USD SHS 58,320 49,400 553.79 1,058,440
AMERICAN EXPRESS CO COM 5,481 210 3.99 63,572
NU SKIN ENTERPRISES INC CL A 5,166 1,221 30.97 59,773
SYMANTEC CORP COM 4,863 362 8.03 234,814
ABBVIE INC COM 4,780 4,780 New 98,465
ORACLE CORP COM 4,709 778 19.80 117,498
JABIL CIRCUIT INC COM 4,535 783 20.86 257,665
AMERISOURCEBERGEN CORP COM 4,346 1,829 72.63 67,199
DEERE & CO COM 4,248 254 6.37 45,481
ACCENTURE PLC IRELAND SHS CLASS A 3,873 1,562 67.58 49,086