RUFFER LLP Information

80 VICTORIA STREET, LONDON, , SW1E 5JL, (44207) 963-8146

Report Date: 06/30/2014

Position Statistics

Total Positions 104
New Positions 3
Increased Positions 30
Decreased Positions 42
Positions with Activity 72
Sold Out Positions 11
Total Mkt Value (in $ millions) 3,136

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

Sector Weighting

Basic Materials 15.96%
Capital Goods 20.36%
Conglomerates 0.07%
Consumer Cyclical 0.07%
Consumer/Non-Cyclical 0.35%
Energy 0.46%
Financial 10.47%
Healthcare 2.02%
Services 4.17%
Technology 45.96%
Transportation 0.11%
Utilities 0%

42 DECREASED Positions as of 06/30/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
MICROSOFT CORP COM 309,894 -33,344 (9.71) 6,853,038
GENERAL DYNAMICS CORP COM 227,402 -21,292 (8.56) 1,838,632
INTERNATIONAL BUSINESS MACHS COM 191,983 -32,615 (14.52) 1,003,939
ATMEL CORP COM 168,188 -2,084 (1.22) 19,221,537
TEXAS INSTRS INC COM 147,079 -2,753 (1.84) 3,053,335
BARRICK GOLD CORP COM 143,247 -4,411 (2.99) 7,764,084
KINROSS GOLD CORP COM NO PAR 37,458 -320 (0.85) 9,482,979
NOVARTIS A G SPONSORED ADR 31,755 -2,723 (7.9) 356,994
WAL-MART STORES INC COM 28,219 -31,306 (52.59) 373,512
ANNALY CAP MGMT INC COM 25,542 -181,081 (87.64) 2,142,793
JOHNSON & JOHNSON COM 24,316 -23,113 (48.73) 233,377
GOOGLE INC CL C 24,138 -8,947 (27.04) 41,377
VALE S A ADR 23,198 -47,094 (67) 1,665,307
NEWMONT MINING CORP COM 21,673 -5,629 (20.62) 814,462
VIACOM INC NEW CL B 16,335 -185 (1.12) 202,289
VERIZON COMMUNICATIONS INC COM 13,785 -18,906 (57.83) 282,085
MARKET VECTORS ETF TR JR GOLD MINERS E 12,774 -4,681 (26.82) 310,112
MRC GLOBAL INC COM 6,423 -1,866 (22.51) 256,905
CISCO SYS INC COM 5,507 -714 (11.47) 221,258
MONDELEZ INTL INC CL A 4,534 -256 (5.35) 125,391