VERITAS INVESTMENT MANAGEMENT LLP Information

ELIZABETH HOUSE, 6TH FLOOR, LONDON, , SE1 7NQ, (40207) 961-1600

Report Date: 03/31/2014

Position Statistics

Total Positions 76
New Positions 7
Increased Positions 22
Decreased Positions 20
Positions with Activity 42
Sold Out Positions 3
Total Mkt Value (in $ millions) 267

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

Sector Weighting

Basic Materials 2.28%
Capital Goods 0.59%
Conglomerates 0.21%
Consumer Cyclical 0.15%
Consumer/Non-Cyclical 5.06%
Energy 1.79%
Financial 27.85%
Healthcare 5.16%
Services 9.7%
Technology 46.43%
Transportation 0.67%
Utilities 0.1%

76 Positions as of 03/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
MICROSOFT CORP COM 41,662 1,531 3.81 938,337
CITIGROUP INC COM NEW 26,016 1,523 6.22 519,376
ORACLE CORP COM 25,900 25,212 3,664.56 639,975
UNITEDHEALTH GROUP INC COM 23,198 4,787 26 270,755
QUALCOMM INC COM 16,912 1,238 7.90 222,029
WATERS CORP COM 13,593 -280 (2.02) 128,560
GOOGLE INC CL A 12,124 -362 (2.9) 20,106
GOOGLE INC CL C 11,930 -356 (2.9) 20,106
BERKSHIRE HATHAWAY INC DEL CL B NEW 11,897 -116 (0.96) 92,690
VERIZON COMMUNICATIONS INC COM 10,846 10,846 New 212,466
CVS CAREMARK CORPORATION COM 10,634 367 3.57 134,800
LABORATORY CORP AMER HLDGS COM NEW 9,794 67 .69 92,305
PHILIP MORRIS INTL INC COM 7,467 235 3.25 87,295
NORTHERN TR CORP COM 6,352 591 10.25 94,645
PRAXAIR INC COM 5,583 New 43,200
ALTRIA GROUP INC COM 4,562 -252 (5.24) 108,520
MARSH & MCLENNAN COS INC COM 3,653 -1,566 (30) 69,300
ANADARKO PETE CORP COM 2,746 41 1.51 24,740
VARIAN MED SYS INC COM 1,659 New 19,900
PAYCHEX INC COM 1,289 272 26.73 30,281