NBW CAPITAL LLC Information

101 FEDERAL STREET 22ND FLOOR, BOSTON, Massachusetts, 02155, (617) 482-2222

Report Date: 03/31/2015

Position Statistics

Total Positions 83
New Positions 5
Increased Positions 23
Decreased Positions 58
Positions with Activity 81
Sold Out Positions 10
Total Mkt Value (in $ millions) 449

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

Sector Weighting

Basic Materials 2.06%
Capital Goods 2.97%
Conglomerates 3.56%
Consumer Cyclical 5.41%
Consumer/Non-Cyclical
Energy 17.35%
Financial 12.72%
Healthcare 1.1%
Services 7.34%
Technology 13.7%
Transportation
Utilities 6.53%

83 Positions as of 03/31/2015

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
SPDR S&P 500 ETF TR TR UNIT 28,308 10,738 61.12 134,915
ISHARES TR RUSSELL 2000 ETF 20,787 20,787 New 163,033
APPLE INC COM 15,870 188 1.20 125,207
WILLIAMS COS INC DEL COM 13,735 2,507 22.32 240,467
MPLX LP COM UNIT REP LTD 13,412 -656 (4.66) 182,447
SHELL MIDSTREAM PARTNERS L P UNIT LTD INT 12,753 8,979 237.95 267,971
UBS AG JERSEY BRH ALERIAN INFRST 12,463 -7,020 (36.03) 345,425
ENERGY TRANSFER EQUITY L P COM UT LTD PTN 12,381 438 3.67 190,005
ENLINK MIDSTREAM LLC COM UNIT REP LTD 12,123 1,235 11.35 377,199
DOMINION MIDSTREAM PARTNERS LP COM UT REP LTD 12,051 2,602 27.53 298,298
COLUMBIA PIPELINE PARTNERS LP COM UT REPSTG 11,684 11,684 New 449,886
WESTERN GAS EQUITY PARTNERS LP COMUNT LTD PT 11,609 21 .18 193,063
TARGA RES CORP COM 11,083 3,121 39.20 121,559
PLAINS GP HLDGS L P SHS A REP LTPN 10,998 771 7.54 411,751
WESTERN REFNG LOGISTICS LP COM UNIT REP LTP 10,897 620 6.03 359,511
PHILLIPS 66 PARTNERS LP COM UNIT REP INT 10,814 10,814 New 150,235
PBF LOGISTICS LP UNIT LTD PTNR 9,111 -167 (1.8) 373,259
ROPER TECHNOLOGIES INC COM 8,930 -2,095 (19) 50,745
NIKE INC CL B 8,484 -2,140 (20.14) 77,333
BOEING CO COM 8,146 -872 (9.67) 57,172