LAFFER INVESTMENTS Information

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

Report Date: 09/30/2014

Position Statistics

Total Positions 224
New Positions 44
Increased Positions 101
Decreased Positions 27
Positions with Activity 128
Sold Out Positions 7
Total Mkt Value (in $ millions) 619

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

Sector Weighting

Basic Materials 4.16%
Capital Goods 1.33%
Conglomerates
Consumer Cyclical 3.48%
Consumer/Non-Cyclical 7.11%
Energy 7.73%
Financial 21.64%
Healthcare 5.25%
Services 25.33%
Technology 12.45%
Transportation 2.2%
Utilities 8.79%

224 Positions as of 09/30/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
TIFFANY & CO NEW COM 2,049 New 23,129
GRAINGER W W INC COM 2,024 New 8,524
XILINX INC COM 1,995 New 46,746
PLUM CREEK TIMBER CO INC COM 1,988 New 45,355
FASTENAL CO COM 1,917 New 45,856
AMERICAN TOWER CORP NEW PFD CONV SER A 1,902 -53 (2.72) 18,255
ALPS ETF TR ALERIAN MLP 1,875 180 10.64 112,913
CABLEVISION SYS CORP CL A NY CABLVS 1,849 New 100,078
CENTERPOINT ENERGY INC COM 1,849 New 89,612
MARATHON OIL CORP COM 1,792 New 67,818
WINDSTREAM HLDGS INC COM 1,761 New 235,306
STANLEY BLACK & DECKER INC CORP UNIT 1,719 -61 (3.43) 12,593
BUNGE LIMITED PREF PERP CONV 1,562 -75 (4.58) 14,950
DOMINION RES INC VA NEW CRP UNIT 2013 A 1,401 -9 (0.62) 24,800
STANLEY BLACK & DECKER INC CORP UNIT 111716 1,376 96 7.54 12,071
ISHARES TR IBOXX INV CP ETF 1,296 15 1.19 10,671
EXELON CORP CORP UNIT 1,253 291 30.20 25,648
TYSON FOODS INC TANG EQ UNIT 1,228 1,228 New 25,350
GENESEE & WYO INC UNIT 100115 1,212 -26 (2.08) 9,905
ISHARES INTERM CR BD ETF 1,192 14 1.23 10,789