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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 (2014Q3)
Portfolio Summary: 230 holdings with a total value of $7,027,043,000.
#
Name
Shares
Value ($)
%
Options
Notes
151 SCHLUMBERGER LTD 25,915 2,635,000 0.04%
152 BERKSHIRE HATHAWAY INC DEL 18,975 2,621,000 0.04%
153 PHILIP MORRIS INTL INC 31,215 2,603,000 0.04%
154 CISCO SYS INC 101,940 2,566,000 0.04%
155 EDISON INTL 44,905 2,511,000 0.04%
156 ITC HOLDINGS ORD 70,345 2,506,000 0.04%
157 QUALCOMM INC 33,470 2,503,000 0.04%
158 ORACLE CORP 64,910 2,485,000 0.04%
159 NIPPON TELEG & TEL CORPORATION SPONSORED ADR 79,465 2,472,000 0.04%
160 HOME DEPOT INC 26,895 2,467,000 0.04%
161 AMAZON COM INC 7,545 2,433,000 0.03%
162 WAL-MART STORES INC 31,500 2,409,000 0.03%
163 WELLS FARGO & CO NEW 45,724 2,372,000 0.03%
164 ALLETE INC COM NEW 48,650 2,160,000 0.03%
165 AMGEN INC 15,115 2,123,000 0.03%
166 VISA INC 9,805 2,092,000 0.03%
167 UNION PAC CORP 18,030 1,955,000 0.03%
168 CONOCOPHILLIPS 24,495 1,874,000 0.03%
169 MCDONALDS CORP 19,640 1,862,000 0.03%
170 ABBVIE INC 32,150 1,857,000 0.03%
171 CVS HEALTH CORP 23,155 1,843,000 0.03%
172 3M CO 12,910 1,829,000 0.03%
173 ALTRIA GROUP INC 39,575 1,818,000 0.03%
174 UNITED TECHNOLOGIES CORP 16,890 1,784,000 0.03%
175 BOEING CO 13,365 1,702,000 0.02%
176 BRISTOL MYERS SQUIBB CO 33,050 1,691,000 0.02%
177 UNITEDHEALTH GROUP INC 19,415 1,675,000 0.02%
178 AMERICAN EXPRESS CO 18,050 1,580,000 0.02%
179 BIOGEN INC 4,710 1,558,000 0.02%
180 AMERICAN INTL GROUP INC 28,530 1,541,000 0.02%
181 GOLDMAN SACHS GROUP INC 8,245 1,514,000 0.02%
182 US BANCORP DEL 36,022 1,507,000 0.02%
183 OCCIDENTAL PETE CORP DEL 15,615 1,501,000 0.02%
184 HONEYWELL INTL INC 15,620 1,455,000 0.02%
185 MASTERCARD INCORPORATED 19,640 1,452,000 0.02%
186 WELLTOWER INC. 22,739 1,418,000 0.02%
187 UNITED PARCEL SERVICE INC 13,995 1,376,000 0.02%
188 Hewlett Packard Co 37,395 1,326,000 0.02%
189 DU PONT E I DE NEMOURS & CO 18,230 1,308,000 0.02%
190 TWENTY FIRST CENTY FOX INC 37,660 1,291,000 0.02%
191 TIME WARNER INC 17,066 1,284,000 0.02%
192 EBAY INC 22,650 1,283,000 0.02%
193 LILLY ELI & CO 19,645 1,274,000 0.02%
194 ABBOTT LABS 30,150 1,254,000 0.02%
195 NIKE INC 14,020 1,251,000 0.02%
196 CATERPILLAR INC 12,465 1,234,000 0.02%
197 MEDTRONIC INC 19,725 1,222,000 0.02%
198 METLIFE INC 22,430 1,205,000 0.02%
199 EMC 40,555 1,187,000 0.02%
200 MONSANTO CO NEW 10,445 1,175,000 0.02%
Page 4 of 5

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0000765443-14-000006, filed 2014.10.08).

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.