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) 843

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

Sector Weighting

Basic Materials 5.02%
Capital Goods 4.38%
Conglomerates
Consumer Cyclical 0%
Consumer/Non-Cyclical 5.82%
Energy 4.85%
Financial 21.36%
Healthcare 10.39%
Services 21.98%
Technology 20.96%
Transportation 3.3%
Utilities 1.94%

114 Positions as of 12/31/2014

Company ▲ Class Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) Shares Held
3M CO COM 277 New 1,670
ABBOTT LABS COM 14,506 -192 (1.3) 311,824
ABERDEEN JAPAN EQUITY FD INC COM 217 -46 (17.54) 26,100
ADAM NAT RES FD INC COM -199 Sold Out 0
ADVANTA CORP CL A New 10,000
ALTRIA GROUP INC COM 753 New 14,470
AMERICAN EXPRESS CO COM 12,579 369 3.03 155,465
ANNALY CAP MGMT INC COM 9,635 -4,422 (31.46) 936,383
APPLE INC COM 15,646 1,350 9.45 124,009
AT&T INC COM 13,920 -1,039 (6.94) 425,039
BANK AMER CORP COM 17,888 6,263 53.87 1,132,890
BERKSHIRE HATHAWAY INC DEL CL B NEW 7,746 -327 (4.05) 54,511
BOEING CO COM 14,010 422 3.10 92,190
BRISTOL MYERS SQUIBB CO COM 833 -49 (5.56) 13,080
CABOT OIL & GAS CORP COM -8,574 Sold Out 0
CENTRAL FD CDA LTD CL A 3,619 -8,517 (70.18) 303,892
CHESAPEAKE ENERGY CORP COM -317 Sold Out 0
CISCO SYS INC COM 25,166 -241 (0.95) 879,942
COCA COLA CO COM 9,216 -4,230 (31.46) 226,996
COMCAST CORP NEW CL A 10,878 10,878 New 182,295