WILLIS INVESTMENT COUNSEL Information

710 GREEN STREET, GAINESVILLE, Georgia, 30501, (770) 718-0706

Report Date: 06/30/2014

Position Statistics

Total Positions 117
New Positions 6
Increased Positions 63
Decreased Positions 47
Positions with Activity 110
Sold Out Positions 5
Total Mkt Value (in $ millions) 1,015

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

Sector Weighting

Basic Materials 6.03%
Capital Goods 2.66%
Conglomerates
Consumer Cyclical 1%
Consumer/Non-Cyclical 8.5%
Energy 10.34%
Financial 13.61%
Healthcare 12.69%
Services 20.5%
Technology 16.77%
Transportation 1.54%
Utilities 4.81%

117 Positions as of 06/30/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
INTEL CORP COM 27,459 -1,220 (4.25) 799,635
MICROSOFT CORP COM 27,005 -1,941 (6.71) 595,735
CISCO SYS INC COM 25,423 -18 (0.07) 1,031,767
JOHNSON & JOHNSON COM 23,737 -1,381 (5.5) 230,544
KOHLS CORP COM 22,270 130 .59 385,700
AFLAC INC COM 21,533 3,441 19.02 353,760
BB&T CORP COM 21,121 5,408 34.42 574,875
PFIZER INC COM 18,251 2,124 13.17 630,654
ROYAL DUTCH SHELL PLC SPONS ADR A 18,051 -4,454 (19.79) 223,205
MERCK & CO INC NEW COM 18,003 -147 (0.81) 305,600
LILLY ELI & CO COM 17,138 -1,024 (5.64) 275,700
WASTE MGMT INC DEL COM 16,716 -57 (0.34) 360,800
BAXTER INTL INC COM 16,318 -1,165 (6.66) 217,200
VERIZON COMMUNICATIONS INC COM 16,278 -7 (0.05) 334,245
CA INC COM 16,159 2,349 17.01 571,000
ACE LIMITED SHS 16,145 7,379 84.19 154,900
PAYCHEX INC COM 16,136 7,060 77.78 382,650
WELLS FARGO & CO NEW COM 15,985 -1,134 (6.63) 314,295
GENERAL ELECTRIC CO COM 15,896 625 4.09 610,200
ENSCO PLC SHS CLASS A 15,621 87 .56 316,525