Dark
Light
System
Institutional Investment Manager
BOSTON RESEARCH & MANAGEMENT INC
BOSTON RESEARCH & MANAGEMENT INC (CIK: 0001259261) incorporated in Massachusetts, located at 40 Beach Street, Manchester, MA. Institutional holdings reported to the SEC.

Institutional Holdings (2014Q4)
Portfolio Summary: 104 holdings with a total value of $159,552,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 CHEVRON CORP NEW 11,089 1,243,000 0.78%
52 VANGUARD INDEX FDS 11,680 1,238,000 0.78%
53 MOSAIC CO NEW 26,045 1,188,000 0.74%
54 ALPHABET INC C NON VOTING SHAR 2,252 1,185,000 0.74%
55 AUTOMATIC DATA PROCESSING IN 13,248 1,104,000 0.69%
56 ALPS ETF TR ALERIAN MLP 60,892 1,066,000 0.67%
57 POTASH CORP SASK INC 30,170 1,065,000 0.67%
58 ISHARES TR 5,135 1,062,000 0.67%
59 HOME DEPOT INC 9,960 1,045,000 0.65%
60 PROCTER AND GAMBLE CO 10,707 975,000 0.61%
61 ISHARES TR 23,842 956,000 0.60%
62 ISHARES GOLD TRUST 77,240 883,000 0.55%
63 ISHARES 30,275 873,000 0.55%
64 Market Vectors Oil Services 23,440 841,000 0.53%
65 Duke Energy Corp 9,085 758,000 0.48%
66 JPMORGAN CHASE & CO 16,055 737,000 0.46%
67 DISNEY WALT CO 7,330 690,000 0.43%
68 GENESEE AND WYOMING INC INC CL A 7,171 644,000 0.40%
69 BOSTON PROPERTIES INC 4,885 628,000 0.39%
70 DU PONT E I DE NEMOURS & CO 7,530 556,000 0.35%
71 PFIZER INC 17,482 544,000 0.34%
72 INTERNATIONAL BUSINESS MACHS 3,365 539,000 0.34%
73 BRISTOL MYERS SQUIBB CO 8,760 517,000 0.32%
74 CINTAS CORP 6,479 508,000 0.32%
75 JPMorgan Chase & Co 7,581 474,000 0.30%
76 KIMBERLY CLARK CORP 3,900 450,000 0.28%
77 MERCK & CO INC 7,855 446,000 0.28%
78 STRYKER CORP 4,724 445,000 0.28%
79 NEXTERA ENERGY INC 4,140 440,000 0.28%
80 PPG INDS INC 1,850 427,000 0.27%
81 Hewlett Packard Co 9,680 388,000 0.24%
82 SYSCO CORP 9,305 369,000 0.23%
83 PAYCHEX INC 7,875 363,000 0.23%
84 OCCIDENTAL PETE CORP DEL 4,200 338,000 0.21%
85 LILLY ELI & CO 4,875 336,000 0.21%
86 ORACLE CORP 7,070 317,000 0.20%
87 YUM BRANDS INC 4,320 314,000 0.20%
88 UNION PAC CORP 2,620 312,000 0.20%
89 CATERPILLAR INC 3,062 280,000 0.18%
90 ISHARES TR CORE MSCI EAFE ETF 4,940 273,000 0.17%
91 GENUINE PARTS CO 2,540 270,000 0.17%
92 SOUTHERN CO 5,370 263,000 0.16%
93 V F CORP 3,460 259,000 0.16%
94 DANAHER CORP DEL 3,000 257,000 0.16%
95 AGL Resources Inc 4,634 252,000 0.16%
96 ILLINOIS TOOL WKS INC 2,580 244,000 0.15%
97 US BANCORP DEL 5,390 242,000 0.15%
98 Verizon Communications Inc 5,161 241,000 0.15%
99 QUALCOMM INC 3,160 234,000 0.15%
100 BOEING CO 1,800 233,000 0.15%
Page 2 of 3

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001259261-15-000002, filed 2015.02.11).

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.