MARTIN CAPITAL MANAGEMENT LLC Information

300 NIBCO PARKWAY, ELKHART, Indiana, 46516, (574) 293-2077

Report Date: 12/31/2014

Position Statistics

Total Positions 16
New Positions 5
Increased Positions 5
Decreased Positions 10
Positions with Activity 15
Sold Out Positions 1
Total Mkt Value (in $ millions) 38

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

Sector Weighting

Basic Materials
Capital Goods 2%
Conglomerates
Consumer Cyclical 14.65%
Consumer/Non-Cyclical
Energy 23.05%
Financial 24.48%
Healthcare 16.79%
Services 9.61%
Technology 3.54%
Transportation
Utilities

16 Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
BERKSHIRE HATHAWAY INC DEL CL B NEW 5,675 -536 (8.63) 39,843
GENTEX CORP COM 5,602 -503 (8.24) 309,138
TRAVELERS COMPANIES INC COM 3,687 -340 (8.45) 35,628
WAL-MART STORES INC COM 3,392 -282 (7.67) 42,833
HELMERICH & PAYNE INC COM 3,043 3,043 New 40,399
BAKER HUGHES INC COM 3,035 3,035 New 44,384
AMGEN INC COM 2,884 -315 (9.84) 17,046
ROSETTA RESOURCES INC COM 2,738 2,738 New 122,825
STRYKER CORP COM 1,832 -167 (8.34) 18,854
ABBVIE INC COM 1,703 -163 (8.73) 26,513
CIVEO CORP COM 1,376 1,376 New 394,199
GARMIN LTD SHS 1,355 -222 (14.06) 28,735
RAYONIER ADVANCED MATLS INC COM 870 870 New 57,355
COLFAX CORP COM 765 -140 (15.5) 15,568
EMMIS COMMUNICATIONS CORP CL A 284 New 178,800
AT&T INC COM -197 Sold Out 0