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) 848

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

Sector Weighting

Basic Materials 4.95%
Capital Goods 4.31%
Conglomerates
Consumer Cyclical 0%
Consumer/Non-Cyclical 5.72%
Energy 4.82%
Financial 20.97%
Healthcare 10.48%
Services 22.08%
Technology 21.07%
Transportation 3.61%
Utilities 1.98%

114 Positions as of 12/31/2014

Company Class ▲ Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) Shares Held
VANGUARD INTL EQUITY INDEX FD ALLWRLD EX US 497 20 4.14 9,619
ADVANTA CORP CL A New 10,000
CENTRAL FD CDA LTD CL A 3,586 -8,438 (70.18) 303,892
COMCAST CORP NEW CL A 10,872 10,872 New 182,295
CONSTELLATION BRANDS INC CL A 243 243 New 2,100
UNITED PARCEL SERVICE INC CL B 10,238 552 5.69 104,359
VIACOM INC NEW CL B 8,742 8,742 New 123,580
BERKSHIRE HATHAWAY INC DEL CL B NEW 7,745 -327 (4.05) 54,511
GOOGLE INC CL C 9,032 9,032 New 15,985
3M CO COM 266 New 1,670
ABBOTT LABS COM 15,067 -199 (1.3) 311,824
ABERDEEN JAPAN EQUITY FD INC COM 219 -47 (17.54) 26,100
ADAM NAT RES FD INC COM -199 Sold Out 0
ALTRIA GROUP INC COM 753 New 14,470
AMERICAN EXPRESS CO COM 12,125 356 3.03 155,465
ANNALY CAP MGMT INC COM 9,598 -4,404 (31.46) 936,383
APPLE INC COM 16,156 1,394 9.45 124,009
AT&T INC COM 14,456 -1,079 (6.94) 425,039
BANK AMER CORP COM 17,718 6,203 53.87 1,132,890
BOEING CO COM 13,681 412 3.10 92,190