LAFFER INVESTMENTS Information

103 MURPHY COURT, NASHVILLE, Tennessee, 37203, (615) 460-0100

Report Date: 09/30/2014

Position Statistics

Total Positions 225
New Positions 44
Increased Positions 101
Decreased Positions 27
Positions with Activity 128
Sold Out Positions 7
Total Mkt Value (in $ millions) 625

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

Sector Weighting

Basic Materials 4.47%
Capital Goods 1.32%
Conglomerates
Consumer Cyclical 3.4%
Consumer/Non-Cyclical 7.2%
Energy 8.09%
Financial 21.76%
Healthcare 5.07%
Services 24.49%
Technology 12.67%
Transportation 2.25%
Utilities 8.65%

225 Positions as of 09/30/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
SHERWIN WILLIAMS CO COM 3,367 New 11,933
LORILLARD INC COM 3,286 New 46,786
TESORO CORP COM 3,243 New 36,065
BROADCOM CORP CL A 3,217 New 71,439
VALERO ENERGY CORP NEW COM 3,141 New 53,325
DANAHER CORP DEL COM 3,121 New 37,816
MOODYS CORP COM 3,116 New 29,063
CINTAS CORP COM 3,114 New 38,316
KOHLS CORP COM 3,093 New 42,316
DR PEPPER SNAPPLE GROUP INC COM 3,075 New 40,480
SEAGATE TECHNOLOGY PLC SHS 3,038 New 50,951
MARSH & MCLENNAN COS INC COM 3,035 New 53,562
PERRIGO CO PLC SHS 3,034 New 16,288
CME GROUP INC COM 3,023 New 33,296
REYNOLDS AMERICAN INC COM 3,007 New 40,569
CORNING INC COM 2,996 New 139,761
TRAVELERS COMPANIES INC COM 2,985 New 29,226
EQUIFAX INC COM 2,930 New 29,811
AMPHENOL CORP NEW CL A 2,924 New 51,754
NEXTERA ENERGY INC CORP UNIT 2,866 -153 (5.08) 41,805