Sterling Investment Management, Inc.

Q2 2014 13F-HR Holdings

Location
Tucson, AZ
Holdings as of
6/30/2014
Date filed
7/30/2014
Form type
13F-HR
Num holdings
64
Total value ($000)
$142,287
Net value change ($000)
+6,156 (4.5%)
New positions
8
Sold out positions
1
Turnover %
8.7%
Sector allocation + QoQ delta (equities-only)

Snapshot: Change Analysis

Compared to Q1 2014
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
ADT CORP 2,550 NEW
ENSCO PLC 1,855 66.2%
ALPHABET INC CL C 1,611 NEW
VOD 1,581 NEW
AAPL 1,390 19.8%
SOHUN 759 NEW
NEW ORIENTAL EDUCATION 723 NEW
Fly Leasing Ltd 716 NEW
IDCC 632 42.0%
MO 467 10.1%
Top Reduces (Value $000, Stocks/ETFs)
SPY -3,736 -100.0%
Alphabet Inc. Class C -1,251 -39.9%
EXE -982 -8.5%
OXY -753 -11.4%
BRK-B -505 -5.8%
LINN ENERGY LLC -419 -34.8%
QCOM -402 -10.9%
Global X Funds -361 -17.3%
BAC -337 -11.6%
LinnCo, LLC -307 -37.3%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type