FLOSSBACH VON STORCH AG

Q1 2014 13F-HR Holdings

Location
Cologne, 2M
Holdings as of
3/31/2014
Date filed
6/23/2014
Form type
13F-HR
Num holdings
80
Total value ($000)
$3,757,265
Net value change ($000)
+242,576 (6.9%)
New positions
3
Sold out positions
11
Turnover %
1.2%
Sector allocation + QoQ delta (equities-only)

Snapshot: Change Analysis

Compared to Q4 2013
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)
PETSMART 112,581 122.2%
BRK-B 93,080 258555.6%
PEP 81,614 315.9%
JNJ 58,095 48.2%
IBM 51,197 28.3%
NOV 39,007 35.0%
Medtronic PLC 30,960 46.6%
MSFT 28,684 13.1%
EMR 28,549 46.1%
BBWI 26,289 265.7%
Top Reduces (Value $000, Stocks/ETFs)
EMC -106,394 -80.3%
XEROX CORP -76,747 -63.0%
PFE -71,427 -53.3%
BDX -24,584 -100.0%
LORILLARD INC COM -18,723 -94.1%
MCD -17,699 -7.8%
AAPL -16,967 -45.7%
EBAY -16,072 -10.1%
Alphabet Inc. Class C -15,690 -71.5%
ABT -15,580 -11.8%
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000): 14,158 (0.4% of total reported value)
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