MARATHON ASSET MANAGEMENT LLP Information

ORION HOUSE, LONDON, , WC2H 9EA, (44207) 497-2399

Report Date: 03/31/2014

Position Statistics

Total Positions 77
New Positions 17
Increased Positions 32
Decreased Positions 45
Positions with Activity 77
Sold Out Positions 5
Total Mkt Value (in $ millions) 3,910

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

Sector Weighting

Basic Materials 4.44%
Capital Goods 6.64%
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical 11.42%
Energy 5.03%
Financial 21.39%
Healthcare 12.84%
Services 18.5%
Technology 17.1%
Transportation 2.65%
Utilities

45 DECREASED Positions as of 03/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
JOHNSON & JOHNSON COM 166,111 -17,006 (9.29) 1,661,110
COCA COLA CO COM 160,600 -34,343 (17.62) 3,941,104
LUXOTTICA GROUP S P A SPONSORED ADR 142,888 -16,885 (10.57) 2,540,677
PROCTER & GAMBLE CO COM 121,241 -27,528 (18.5) 1,486,525
PRAXAIR INC COM 120,327 -23,300 (16.22) 905,466
MCDONALDS CORP COM 114,115 -55,160 (32.59) 1,144,926
BAIDU INC SPON ADR REP A 106,667 -9 (0.01) 666,211
US BANCORP DEL COM NEW 98,895 -13,686 (12.16) 2,449,111
LINEAR TECHNOLOGY CORP COM 98,341 -40,318 (29.08) 2,114,863
COLGATE PALMOLIVE CO COM 95,703 -16,563 (14.75) 1,431,817
FRANKLIN RES INC COM 90,656 -4,139 (4.37) 1,700,536
MICROSOFT CORP COM 88,070 -10,939 (11.05) 2,205,046
3M CO COM 84,474 -41,210 (32.79) 609,393
ANALOG DEVICES INC COM 77,071 -40,207 (34.28) 1,456,927
OMNICOM GROUP INC COM 75,504 -47,259 (38.5) 1,056,141
TIME WARNER INC COM NEW 68,572 -8,738 (11.3) 1,054,140
CHUBB CORP COM 66,611 -28,121 (29.69) 736,036
ROGERS COMMUNICATIONS INC CL B 64,863 -41,947 (39.27) 1,613,507
INTEL CORP COM 59,540 -6,151 (9.36) 2,209,267
M & T BK CORP COM 51,025 -1,622 (3.08) 421,103