SMITH, SALLEY & ASSOCIATES Information

300 WENDOVER AVENUE, SUITE 301, GREENSBORO, North Carolina, 27401, (336) 379-7556

Report Date: 06/30/2014

Position Statistics

Total Positions 190
New Positions 78
Increased Positions 158
Decreased Positions 22
Positions with Activity 180
Sold Out Positions 3
Total Mkt Value (in $ millions) 379

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

Sector Weighting

Basic Materials 4.44%
Capital Goods 7.67%
Conglomerates
Consumer Cyclical 1.68%
Consumer/Non-Cyclical 5.94%
Energy 8.17%
Financial 24.76%
Healthcare 11.82%
Services 13.94%
Technology 15.19%
Transportation 2.1%
Utilities 3.29%

190 Positions as of 06/30/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
APPLE INC COM 18,305 11,149 155.80 179,026
ISHARES INTRM GOV/CR ETF 11,320 11,320 New 102,007
BERKSHIRE HATHAWAY INC DEL CL B NEW 10,529 5,449 107.29 77,354
NATIONAL OILWELL VARCO INC COM 8,588 5,576 185.08 100,541
EXXON MOBIL CORP COM 8,272 4,849 141.68 83,074
UNITED TECHNOLOGIES CORP COM 8,201 4,609 128.27 75,166
MICROSOFT CORP COM 7,354 2,123 40.59 163,861
GENERAL ELECTRIC CO COM 6,751 3,135 86.71 259,535
CISCO SYS INC COM 6,216 2,561 70.08 250,156
GAMESTOP CORP NEW CL A 5,760 1,781 44.74 133,423
JPMORGAN CHASE & CO COM 5,721 1,578 38.07 96,709
BORGWARNER INC COM 5,665 5,665 New 91,439
PROCTER & GAMBLE CO COM 5,433 2,848 110.22 65,430
GILEAD SCIENCES INC COM 5,366 5,366 New 49,910
AMERICAN INTL GROUP INC COM NEW 5,334 2,220 71.30 95,704
COVIDIEN PLC SHS 5,244 860 19.62 60,481
DISNEY WALT CO COM DISNEY 5,199 799 18.15 57,615
JOHNSON & JOHNSON COM 5,037 2,891 134.73 48,927
PRECISION CASTPARTS CORP COM 5,030 4,743 1,653.48 20,691
DEVON ENERGY CORP NEW COM 5,011 2,571 105.40 67,140