RUFFER LLP Information

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

Report Date: 12/31/2013

Position Statistics

Total Positions 104
New Positions 12
Increased Positions 33
Decreased Positions 31
Positions with Activity 64
Sold Out Positions 9
Total Mkt Value (in $ millions) 2,915

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

Sector Weighting

Basic Materials 8.51%
Capital Goods 22.24%
Conglomerates 0.03%
Consumer Cyclical 0.07%
Consumer/Non-Cyclical 0.38%
Energy 0.44%
Financial 17.03%
Healthcare 2.49%
Services 7.79%
Technology 40.88%
Transportation 0.09%
Utilities 0.03%

31 DECREASED Positions as of 12/31/2013

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
MICROSOFT CORP COM 307,627 -395 (0.13) 7,688,755
TEXAS INSTRS INC COM 142,424 -592 (0.41) 3,107,648
VIACOM INC NEW CL B 104,918 -15,975 (13.21) 1,248,286
WAL-MART STORES INC COM 79,384 -1,914 (2.36) 1,022,193
JOHNSON & JOHNSON COM 65,316 -7,644 (10.48) 660,026
CISCO SYS INC COM 5,889 -187 (3.07) 253,728
MONDELEZ INTL INC CL A 5,795 -248 (4.11) 167,241
STILLWATER MNG CO COM 5,623 -2,214 (28.25) 362,805
CHINA LODGING GROUP LTD SPONSORED ADR 4,184 -2,618 (38.49) 175,000
MERCK & CO INC NEW COM 4,114 -51,939 (92.66) 72,851
MARKET VECTORS ETF TR JR GOLD MINERS E 4,050 -160 (3.79) 116,842
BAIDU INC SPON ADR REP A 3,895 -3,116 (44.44) 25,000
CANADIAN SOLAR INC COM 2,911 -2,381 (45) 110,000
TREX CO INC COM 2,643 -589 (18.22) 35,000
INVENSENSE INC COM 2,150 -1,177 (35.37) 100,000
DRIL-QUIP INC COM 1,793 -448 (20) 16,000
VIPSHOP HLDGS LTD SPONSORED ADR 1,785 -892 (33.33) 12,000
CAREFUSION CORP COM 1,540 -1,155 (42.86) 40,000
EXXON MOBIL CORP COM 994 -57 (5.45) 9,899
ROYAL DUTCH SHELL PLC SPONS ADR A 460 -460 (50.02) 6,076