LAFFER INVESTMENTS Information

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

Report Date: 12/31/2013

Position Statistics

Total Positions 250
New Positions 101
Increased Positions 148
Decreased Positions 96
Positions with Activity 244
Sold Out Positions 60
Total Mkt Value (in $ millions) 553

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

Sector Weighting

Basic Materials 3.99%
Capital Goods 1.45%
Conglomerates 0%
Consumer Cyclical 3.05%
Consumer/Non-Cyclical 11.47%
Energy 11.63%
Financial 22.81%
Healthcare 3.36%
Services 21.45%
Technology 11.48%
Transportation 0.24%
Utilities 8.31%

250 Positions as of 12/31/2013

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
NEXTERA ENERGY INC CORP UNIT 3,014 959 46.66 47,460
SEAGATE TECHNOLOGY PLC SHS 3,005 476 18.80 54,756
DANAHER CORP DEL COM 2,956 2,956 New 40,492
MORGAN STANLEY COM NEW 2,954 2,954 New 99,956
NEXTERA ENERGY INC CORP UNIT 2,927 764 35.32 47,410
EXPEDIA INC DEL COM NEW 2,911 2,911 New 41,046
PITNEY BOWES INC COM 2,892 2,892 New 117,591
UNITED TECHNOLOGIES CORP CORP UNIT 2,874 -120 (4) 44,141
SAFEWAY INC COM NEW 2,872 2,872 New 84,010
APPLIED MATLS INC COM 2,847 2,847 New 150,942
ACE LIMITED SHS 2,818 2,818 New 28,152
VULCAN MATLS CO COM 2,814 2,814 New 44,206
LORILLARD INC COM 2,786 2,786 New 52,705
MARSH & MCLENNAN COS INC COM 2,756 2,756 New 57,679
LEGG MASON INC COM 2,751 404 17.23 61,698
MCGRAW HILL FINL INC COM 2,681 296 12.39 36,536
TRAVELERS COMPANIES INC COM 2,677 2,677 New 31,168
PIONEER NAT RES CO COM 2,662 2,662 New 13,598
BROWN FORMAN CORP CL B 2,656 2,656 New 30,529
RYDER SYS INC COM 2,649 500 23.27 33,503