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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 (2016Q2)
Portfolio Summary: 95 holdings with a total value of $231,248,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 ISHARES TR 9,835 914,000 0.40%
52 PNM RES INC 25,438 902,000 0.39%
53 EL PASO ELECTRIC CO NEW 18,994 898,000 0.39%
54 VANGUARD TAX-MANAGED FDS 25,041 885,000 0.38%
55 IDACORP INC 10,866 884,000 0.38%
56 ISHARES TR 7,050 824,000 0.36%
57 VANGUARD INTL EQUITY INDEX F 13,538 786,000 0.34%
58 PROLOGIS INC 14,503 711,000 0.31%
59 EQUITY RESIDENTIAL 10,293 709,000 0.31%
60 ISHARES TR 6,002 700,000 0.30%
61 VANGUARD INDEX FDS 6,454 692,000 0.30%
62 AVALONBAY COMM 3,820 689,000 0.30%
63 ISHARES TR 9,423 666,000 0.29%
64 ISHARES COHEN & STEERS REIT ETF 6,036 653,000 0.28%
65 PEPSICO INC 5,518 585,000 0.25%
66 BOSTON PROPERTIES INC 4,268 563,000 0.24%
67 ISHARES TR 6,473 552,000 0.24%
68 VANGUARD BD INDEX FDS 6,737 546,000 0.24%
69 ISHARES TR 15,841 544,000 0.24%
70 INTEL CORP 15,530 509,000 0.22%
71 VORNADO REALTY 4,924 493,000 0.21%
72 GENERAL GROWTH 16,228 484,000 0.21%
73 REALTY INCOME CORP 6,962 483,000 0.21%
74 VANGUARD SCOTTSDALE FDS 5,308 475,000 0.21%
75 DIGITAL RLTY TR INC 4,083 445,000 0.19%
76 ESSEX PPTY TR INC 1,845 421,000 0.18%
77 KIMCO RLTY CORP 11,587 364,000 0.16%
78 ISHARES TR 6,270 350,000 0.15%
79 EXTRA SPACE STORAGE INC 3,706 343,000 0.15%
80 HOST HOTELS & RESORTS INC 21,055 341,000 0.15%
81 FEDERAL REALTY INVS 1,926 319,000 0.14%
82 MACERICH CO 3,670 313,000 0.14%
83 DIAGEO P L C 2,707 306,000 0.13%
84 DNP SELECT INCOME FD INC 26,551 282,000 0.12%
85 ISHARES TR 2,647 273,000 0.12%
86 LILLY ELI & CO 3,375 266,000 0.12%
87 VANGUARD SCOTTSDALE FDS 3,947 265,000 0.11%
88 VANGUARD INTL EQUITY INDEX F 5,276 226,000 0.10%
89 MERCK & CO INC 3,898 225,000 0.10%
90 ISHARES TR 1,057 222,000 0.10%
91 REGENCY CTRS CORP 2,615 219,000 0.09%
92 BERKSHIRE HATHAWAY INC DEL 1 217,000 0.09%
93 HOME DEPOT INC 1,675 214,000 0.09%
94 ALEX REAL ESTATE EQ 2,048 212,000 0.09%
95 ISHARES TR 2,459 203,000 0.09%
Page 2 of 2

Portfolio data is normalized using SEC Form 13F filings, including the Restatement filing (0001085146-16-004333, filed 2016.08.15).

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.