Dark
Light
System
Institutional Investment Manager
DUFF & PHELPS INVESTMENT MANAGEMENT CO
DUFF & PHELPS INVESTMENT MANAGEMENT CO (CIK: 0000765443) incorporated in Illinois, located at 10 S. Wacker Dr., Chicago, IL. Institutional holdings reported to the SEC.

Institutional Holdings (2014Q1)
Portfolio Summary: 212 holdings with a total value of $6,012,466,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 Targa Resources Partners LP 894,465 50,323,000 0.84%
52 WEC ENERGY CORP. 1,075,558 50,067,000 0.83%
53 OGE ENERGY CORP 1,356,779 49,875,000 0.83%
54 AMERICAN WTR WKS CO INC NEW 1,072,330 48,684,000 0.81%
55 ISHARES TR 454,475 48,233,000 0.80%
56 FRONTIER COMM 8,388,491 47,814,000 0.80%
57 QUESTAR CORP 1,986,635 47,242,000 0.79%
58 MARKWEST ENERGY PARTNERS LP 723,000 47,226,000 0.79%
59 PEBBLEBROOK HOTEL TR 1,396,168 47,149,000 0.78%
60 KIMCO REALTY 2,098,730 45,920,000 0.76%
61 ENERGY TRANSFER PRTNRS L P 816,346 43,911,000 0.73%
62 LASALLE HOTEL PPTYS 1,391,696 43,574,000 0.72%
63 AMERICAN CAMPUS CMNTYS INC 1,158,377 43,265,000 0.72%
64 BCE INC 986,602 42,562,000 0.71%
65 WilliamsPartnersLp 822,600 41,903,000 0.70%
66 INTEGRYS ENERGY GROUP INC 690,000 41,159,000 0.68%
67 GREAT PLAINS ENERGY INC 1,500,000 40,560,000 0.67%
68 WGL HLDGS INC COM 1,000,000 40,060,000 0.67%
69 DUKE REALTY CORP 2,338,460 39,473,000 0.66%
70 Kinder Morgan Inc. 525,803 38,883,000 0.65%
71 ENBRIDGE ENERGY PARTNERS L P 1,372,861 37,630,000 0.63%
72 PIEDMONT NATURAL GAS 1,000,000 35,390,000 0.59%
73 NORTHWEST NAT GAS CO 800,000 35,208,000 0.59%
74 MAGELLAN MIDSTREAM PRTNRS LP 470,090 32,784,000 0.55%
75 DCP MIDSTREAM LP 654,184 32,775,000 0.55%
76 ENERGY TRANSFER L P 696,000 32,538,000 0.54%
77 SL GREEN REALTY CORP 313,227 31,517,000 0.52%
78 GENESIS ENERGY LP COM UNITS NPV 562,500 30,488,000 0.51%
79 DOUGLAS EMMETT INC COM 1,122,140 30,455,000 0.51%
80 ISHARES TR 263,160 27,753,000 0.46%
81 PLAINS ALL AMERN PIPELINE L 475,610 26,216,000 0.44%
82 BUCKEYE PARTNERS L P UNIT LTD PARTN 310,700 23,318,000 0.39%
83 EQUITY LIFESTYLE PPTYS INC 556,048 22,603,000 0.38%
84 EQT MIDSTREAM PARTNERS LP 316,000 22,224,000 0.37%
85 VANGUARD TAX-MANAGED FDS 514,590 21,237,000 0.35%
86 VODAFONE GROUP PLC NEW 565,243 20,807,000 0.35%
87 VANGUARD INTL EQUITY INDEX F 407,965 20,525,000 0.34%
88 WESTERN GAS PARTNERS LP 294,000 19,460,000 0.32%
89 El Paso Partners Pipeline 559,000 16,988,000 0.28%
90 TC PIPELINES LP 353,834 16,959,000 0.28%
91 WELLTOWER INC. 279,359 16,650,000 0.28%
92 BRIXMOR PROPERTY 775,695 16,546,000 0.28%
93 TEEKAY LNG PARTNERS L P 387,020 15,996,000 0.27%
94 ONEOK PARTNERS LP 292,000 15,637,000 0.26%
95 SUNOCO LOGISTICS PRTNRS L P 162,000 14,723,000 0.24%
96 ATLAS PIPELINE PARTNERS LP 453,000 14,546,000 0.24%
97 SPECTRA ENERGY PARTNERS LP 268,000 13,119,000 0.22%
98 NATIONAL GRID PLC 188,673 12,969,000 0.22%
99 ISHARES TR 105,240 12,673,000 0.21%
100 Teekay Offshore Partners LP 384,919 12,595,000 0.21%
Page 2 of 5

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0000765443-14-000003, filed 2014.04.10).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.