PICTET ASSET MANAGEMENT LTD Information

MOOR HOUSE, LEVEL 11, LONDON, , EC2Y 5ET, (4207) 847-5000

Report Date: 12/31/2014

Position Statistics

Total Positions 900
New Positions 32
Increased Positions 593
Decreased Positions 257
Positions with Activity 850
Sold Out Positions 40
Total Mkt Value (in $ millions) 22,299

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

Sector Weighting

Basic Materials 5.29%
Capital Goods 4.96%
Conglomerates 0.22%
Consumer Cyclical 4.99%
Consumer/Non-Cyclical 6.18%
Energy 4.29%
Financial 9.96%
Healthcare 10.23%
Services 17.53%
Technology 16.41%
Transportation 1.35%
Utilities 17.03%

900 Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) Change in Value ($1,000s) ▲ Change (%) Shares Held
VERIZON COMMUNICATIONS INC COM 357,493 -126,950 (26.21) 7,137,007
KINDER MORGAN INC DEL COM 137,217 -116,402 (45.9) 3,217,277
PLAINS GP HLDGS L P SHS A REP LTPN 120,621 -81,497 (40.32) 4,216,036
NIKE INC CL B 193,502 -57,156 (22.8) 1,926,927
MACYS INC COM 142,163 -50,938 (26.38) 2,204,073
ONEOK INC NEW COM 5,923 -50,197 (89.45) 123,528
XCEL ENERGY INC COM 10,193 -48,935 (82.76) 302,914
TIFFANY & CO NEW COM 45,060 -45,296 (50.13) 507,373
PLAINS ALL AMERN PIPELINE L P UNIT LTD PARTN -45,066 Sold Out 0
MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP -44,335 Sold Out 0
EVERSOURCE ENERGY COM 81,921 -38,535 (31.99) 1,698,907
ENTERPRISE PRODS PARTNERS L P COM -38,397 Sold Out 0
MARRIOTT INTL INC NEW CL A 91,615 -36,386 (28.43) 1,171,396
PG&E CORP COM 100,761 -35,837 (26.24) 1,924,757
STARWOOD HOTELS&RESORTS WRLDWD COM 88,979 -34,900 (28.17) 1,041,910
LAS VEGAS SANDS CORP COM 33,633 -27,514 (45) 633,740
PINNACLE WEST CAP CORP COM 5,474 -26,946 (83.11) 91,823
PEBBLEBROOK HOTEL TR COM 53,156 -26,338 (33.13) 1,269,540
VALMONT INDS INC COM 29,232 -18,454 (38.7) 235,935
WASTE MGMT INC DEL COM 31,633 -18,154 (36.46) 647,419