SHAPIRO ROBERT N Information

ROPES & GRAY LLP, BOSTON, Massachusetts, 02199-3600,

Report Date: 12/31/2014

Position Statistics

Total Positions 930
New Positions 69
Increased Positions 270
Decreased Positions 399
Positions with Activity 669
Sold Out Positions 46
Total Mkt Value (in $ millions) 508

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

Sector Weighting

Basic Materials 3.73%
Capital Goods 4.89%
Conglomerates 0.35%
Consumer Cyclical 1.04%
Consumer/Non-Cyclical 7.5%
Energy 9.02%
Financial 29.17%
Healthcare 12.68%
Services 11.48%
Technology 13.91%
Transportation 2.57%
Utilities 2.56%

930 Positions as of 12/31/2014

Company Class ▲ Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) Shares Held
ISHARES 1-3 YR CR BD ETF 36 -39 (52.4) 337
ICICI BK LTD ADR 8 -1 (7.23) 770
NOVO-NORDISK A S ADR 564 48 9.29 10,299
TEVA PHARMACEUTICAL INDS LTD ADR 930 78 9.14 14,335
VALE S A ADR 73 -12 (14.24) 12,409
WPP PLC NEW ADR 12 -1 (6.42) 102
MARKET VECTORS ETF TR AGRIBUS ETF -31 Sold Out 0
ALPS ETF TR ALERIAN MLP 482 New 28,500
VANGUARD INTL EQUITY INDEX FD ALLWRLD EX US 3,328 2,314 228.20 65,805
ISHARES ASIA 50 ETF 638 -34 (5.03) 12,083
ISHARES TR CHINA LG-CAP ETF 1,318 -65 (4.7) 26,353
ALBANY INTL CORP CL A 2 New 59
AMPHENOL CORP NEW CL A -113 (99.74) 5
APARTMENT INVT & MGMT CO CL A 136 28 25.97 3,638
ARTISAN PARTNERS ASSET MGMT IN CL A 25 -1 (4.35) 550
BERKSHIRE HATHAWAY INC DEL CL A 3,621 -213 (5.56) 17
BOOZ ALLEN HAMILTON HLDG CORP CL A 165 -76 (31.53) 5,810
BROADCOM CORP CL A Sold Out 0
BROWN FORMAN CORP CL A 99 New 1,055
CBRE GROUP INC CL A 104 -20 (15.77) 2,718