SFE INVESTMENT COUNSEL Information

1000 WILSHIRE BOULEVARD, LOS ANGELES, California, 90017, (213) 612-0220

Report Date: 12/31/2013

Position Statistics

Total Positions 89
New Positions 6
Increased Positions 37
Decreased Positions 42
Positions with Activity 79
Sold Out Positions 0
Total Mkt Value (in $ millions) 231

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

Sector Weighting

Basic Materials 5.59%
Capital Goods 6.57%
Conglomerates
Consumer Cyclical 3.37%
Consumer/Non-Cyclical 3.84%
Energy 12.4%
Financial 12.05%
Healthcare 9.79%
Services 17.71%
Technology 21.07%
Transportation 1.75%
Utilities 5.86%

89 Positions as of 12/31/2013

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
FLY LEASING LTD SPONSORED ADR 8,422 144 1.74 576,482
E M C CORP MASS COM 8,188 1,529 22.96 307,579
WALGREEN CO COM 8,011 -378 (4.51) 120,015
APPLE INC COM 7,697 -322 (4.02) 14,663
KAYNE ANDERSON MLP INVT CO COM 7,618 89 1.18 206,341
QUALCOMM INC COM 7,207 -35 (0.48) 88,622
DONALDSON INC COM 7,029 127 1.84 167,273
BECTON DICKINSON & CO COM 6,732 53 .80 59,492
ABBVIE INC COM 6,685 -134 (1.97) 137,691
BREITBURN ENERGY PARTNERS LP COM UT LTD PTN 6,486 -264 (3.91) 319,957
PLUM CREEK TIMBER CO INC COM 6,090 933 18.08 142,848
HELMERICH & PAYNE INC COM 5,878 -329 (5.3) 53,030
JACOBS ENGR GROUP INC DEL COM 5,867 35 .61 92,055
SIGMA ALDRICH CORP COM 5,807 52 .91 61,731
WELLS FARGO & CO NEW COM 5,627 -97 (1.69) 115,010
CORNING INC COM 5,565 626 12.68 264,480
AZZ INC COM 4,855 137 2.90 109,269
CONOCOPHILLIPS COM 4,757 -222 (4.45) 63,620
VERIZON COMMUNICATIONS INC COM 4,741 -70 (1.45) 99,602
DELUXE CORP COM 4,656 -209 (4.29) 91,175