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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 (2015Q4)
Portfolio Summary: 98 holdings with a total value of $160,833,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 ISHARES TR 22,020 1,293,000 0.80%
52 HOME DEPOT INC 9,755 1,290,000 0.80%
53 VANGUARD INDEX FDS 11,680 1,218,000 0.76%
54 PRAXAIR INC 11,195 1,146,000 0.71%
55 JOHNSON & JOHNSON 10,390 1,067,000 0.66%
56 SELECT SECTOR SPDR TR 17,295 1,043,000 0.65%
57 ISHARES INC 25,090 988,000 0.61%
58 VANGUARD INTL EQUITY INDEX F 22,399 972,000 0.60%
59 CHEVRON CORP NEW 10,112 909,000 0.57%
60 ISHARES TR 22,522 875,000 0.54%
61 Market Vectors Oil Services 30,470 805,000 0.50%
62 ISHARES TR CORE MSCI EAFE ETF 14,455 786,000 0.49%
63 DISNEY WALT CO 7,260 762,000 0.47%
64 ISHARES GOLD TRUST 73,100 747,000 0.46%
65 MOSAIC CO NEW 26,090 719,000 0.45%
66 BOSTON PROPERTIES INC 4,850 618,000 0.38%
67 BRISTOL MYERS SQUIBB CO 8,780 603,000 0.37%
68 Duke Energy Corp 8,247 588,000 0.37%
69 CINTAS CORP 6,329 576,000 0.36%
70 PFIZER INC 17,372 560,000 0.35%
71 JPMorgan Chase & Co 7,536 497,000 0.31%
72 INTERNATIONAL BUSINESS MACHS 3,457 475,000 0.30%
73 KIMBERLY CLARK CORP 3,700 471,000 0.29%
74 ISHARES TR 6,510 459,000 0.29%
75 ALPS ETF TR ALERIAN MLP 37,804 455,000 0.28%
76 JPMORGAN CHASE & CO 15,610 452,000 0.28%
77 STRYKER CORP 4,634 430,000 0.27%
78 PAYCHEX INC 7,755 410,000 0.25%
79 LILLY ELI & CO 4,815 405,000 0.25%
80 MERCK & CO INC 7,243 382,000 0.24%
81 NEXTERA ENERGY INC 3,640 378,000 0.24%
82 SYSCO CORP 8,920 365,000 0.23%
83 PPG INDS INC 3,700 365,000 0.23%
84 YUM BRANDS INC 4,320 315,000 0.20%
85 AGL Resources Inc 4,634 295,000 0.18%
86 EMERSON ELEC CO 5,780 276,000 0.17%
87 ORACLE CORP 6,770 247,000 0.15%
88 OCCIDENTAL PETE CORP DEL 3,630 245,000 0.15%
89 ILLINOIS TOOL WKS INC 2,580 239,000 0.15%
90 DU PONT E I DE NEMOURS & CO 3,530 235,000 0.15%
91 CATERPILLAR INC 3,332 226,000 0.14%
92 DANAHER CORP DEL 2,417 224,000 0.14%
93 SOUTHERN CO 4,750 222,000 0.14%
94 BOEING CO 1,500 216,000 0.13%
95 V F CORP 3,460 215,000 0.13%
96 GENUINE PARTS CO 2,390 205,000 0.13%
97 UNION PAC CORP 2,620 204,000 0.13%
98 TECOGEN INC NEW 20,000 70,000 0.04%
Page 2 of 2

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001259261-16-000010, filed 2016.02.11).

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.