MARATHON ASSET MANAGEMENT LLP Information

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

Report Date: 12/31/2014

Position Statistics

Total Positions 77
New Positions 3
Increased Positions 16
Decreased Positions 59
Positions with Activity 75
Sold Out Positions 5
Total Mkt Value (in $ millions) 4,140

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

Sector Weighting

Basic Materials 4.3%
Capital Goods 4.91%
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical 10.63%
Energy 3.83%
Financial 26.58%
Healthcare 11.04%
Services 17.76%
Technology 19.55%
Transportation 1.39%
Utilities

77 Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
BAIDU INC SPON ADR REP A 78,942 -38,662 (32.87) 380,757
BAXTER INTL INC COM 78,360 -352 (0.45) 1,143,106
ANALOG DEVICES INC COM 78,208 -464 (0.59) 1,329,168
PFIZER INC COM 76,278 -286 (0.37) 2,209,035
EBAY INC COM 75,026 -433 (0.57) 1,301,855
LOEWS CORP COM 73,359 8,133 12.47 1,825,301
ABBOTT LABS COM 69,892 -376 (0.54) 1,494,057
3M CO COM 65,705 -26,645 (28.85) 401,868
MICROSOFT CORP COM 62,816 -21,397 (25.41) 1,533,222
ANTHEM INC COM 60,943 -260 (0.42) 389,983
ROGERS COMMUNICATIONS INC CL B 60,252 1,843 3.16 1,742,887
FLIR SYS INC COM 56,095 -291 (0.52) 1,801,954
SMUCKER J M CO COM NEW 55,016 -67 (0.12) 474,233
WATERS CORP COM 53,858 53,858 New 433,951
SUPERIOR ENERGY SVCS INC COM 50,810 14,867 41.36 2,303,251
TEXAS INSTRS INC COM 50,157 -301 (0.6) 883,666
BERKSHIRE HATHAWAY INC DEL CL B NEW 47,945 -21,449 (30.91) 333,205
M & T BK CORP COM 47,676 -280 (0.58) 381,502
EMERSON ELEC CO COM 45,725 13,684 42.71 808,720
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 45,682 -4,849 (9.6) 852,755