Dark
Light
System
Institutional Investment Manager
American Investment Services, Inc.
American Investment Services, Inc. (CIK: 0001369913) incorporated in Delaware, located at 250 Division Street, Great Barrington, MA. Institutional holdings reported to the SEC.

Institutional Holdings (2015Q1)
Portfolio Summary: 76 holdings with a total value of $184,285,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 AVALONBAY COMM 3,299 575,000 0.31%
52 ISHARES TR 6,646 564,000 0.31%
53 PROLOGIS INC 12,646 551,000 0.30%
54 BOSTON PROPERTIES INC 3,873 544,000 0.30%
55 VENTAS INC 7,392 540,000 0.29%
56 VANGUARD INDEX FDS 4,655 499,000 0.27%
57 ISHARES TR 12,376 497,000 0.27%
58 VORNADO REALTY 4,411 494,000 0.27%
59 GENERAL GROWTH 15,883 469,000 0.25%
60 VANGUARD SCOTTSDALE FDS 5,308 466,000 0.25%
61 ISHARES TR 6,753 433,000 0.23%
62 DNP SELECT INCOME FD INC 37,842 397,000 0.22%
63 HOST HOTELS & RESORTS INC 19,384 391,000 0.21%
64 ESSEX PPTY TR INC 1,585 364,000 0.20%
65 MACERICH CO 3,590 303,000 0.16%
66 REALTY INCOME CORP 5,664 292,000 0.16%
67 VANGUARD INTL EQUITY INDEX F 5,901 288,000 0.16%
68 KIMCO RLTY CORP 10,575 284,000 0.15%
69 ISHARES TR 2,615 270,000 0.15%
70 VANGUARD SCOTTSDALE FDS 3,947 258,000 0.14%
71 TE CONNECTIVITY LTD 3,479 249,000 0.14%
72 FEDERAL REALTY INVS 1,685 248,000 0.13%
73 SPDR S&P 500 ETF TR 1,170 241,000 0.13%
74 ISHARES TR 2,154 227,000 0.12%
75 DIGITAL RLTY TR INC 3,406 225,000 0.12%
76 ISHARES TR 2,599 206,000 0.11%
Page 2 of 2

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001085146-15-000942, filed 2015.04.17).

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.