VALLEY FORGE ASSET MANAGEMENT, LLC Information

150 S WARNER RD, KING OF PRUSSIA, Pennsylvania, 19406, (610) 687-6800

Report Date: 12/31/2014

Position Statistics

Total Positions 114
New Positions 14
Increased Positions 48
Decreased Positions 57
Positions with Activity 105
Sold Out Positions 15
Total Mkt Value (in $ millions) 825

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

Sector Weighting

Basic Materials 5.04%
Capital Goods 4.36%
Conglomerates
Consumer Cyclical 0%
Consumer/Non-Cyclical 5.86%
Energy 4.71%
Financial 21.12%
Healthcare 10.58%
Services 22.26%
Technology 20.78%
Transportation 3.43%
Utilities 1.86%

114 Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) Change in Value ($1,000s) ▲ Change (%) Shares Held
US BANCORP DEL COM NEW 1,039 -15,065 (93.55) 24,246
GLAXOSMITHKLINE PLC SPONSORED ADR 532 -11,870 (95.71) 11,305
JOHNSON CTLS INC COM -10,222 Sold Out 0
INTERNATIONAL BUSINESS MACHS COM -9,554 Sold Out 0
SCHLUMBERGER LTD COM -9,510 Sold Out 0
CENTRAL FD CDA LTD CL A 3,659 -8,609 (70.18) 303,892
QUALCOMM INC COM -8,341 Sold Out 0
CABOT OIL & GAS CORP COM -7,439 Sold Out 0
GOLDCORP INC NEW COM 298 -6,389 (95.55) 16,151
NOBLE ENERGY INC COM -5,905 Sold Out 0
ISHARES MSCI JAPAN ETF 8,786 -5,858 (40) 690,187
ORACLE CORP COM 13,272 -4,565 (25.59) 311,257
ANNALY CAP MGMT INC COM 9,860 -4,525 (31.46) 936,383
COCA COLA CO COM 9,098 -4,176 (31.46) 226,996
SPDR GOLD TRUST GOLD SHS 552 -1,858 (77.11) 4,795
ISHARES GOLD TRUST ISHARES 252 -1,753 (87.41) 21,767
AT&T INC COM 13,920 -1,039 (6.94) 425,039
MICROSOFT CORP COM 23,811 -992 (4) 581,171
MARKET VECTORS ETF TR GOLD MINER ETF -895 Sold Out 0
CSX CORP COM 18,234 -789 (4.15) 549,225