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Institutional Investment Manager
Investors Capital Advisory Services
Investors Capital Advisory Services (CIK: 0001427271) incorporated in Massachusetts, located at 6 Kimball Lane, Lynnfield, MA. Institutional holdings reported to the SEC.

Institutional Holdings (2014Q3)
Portfolio Summary: 706 holdings with a total value of $509,228,000.
#
Name
Shares
Value ($)
%
Options
Notes
151 Welltower Inc. 15,575 971,000 0.19%
152 HEALTHCARE TRUST AMERICA INC CL A NEW 83,612 969,000 0.19%
153 KINDER MORGAN INC DEL 24,969 956,000 0.19%
154 ISHARES NASDAQ BIOTECHNOLOGY ETF 1,613 948,000 0.19%
155 BP PLC 21,556 947,000 0.19%
156 EMERSON ELEC CO 15,080 943,000 0.19%
157 Van Eck 30,600 940,000 0.18%
158 ISHARES TR 8,341 934,000 0.18%
159 DOMINION ENERGY INC 13,485 931,000 0.18%
160 ISHARES TR 6,731 920,000 0.18%
161 POWERSHARES ETF TRUST 15,823 916,000 0.18%
162 PRAXAIR INC 7,091 914,000 0.18%
163 SPDR DOW JONES INDL AVRG ETF 5,373 913,000 0.18%
164 ISHARES TR 20,054 913,000 0.18%
165 VANGUARD SCOTTSDALE FDS 11,409 910,000 0.18%
166 NORFOLK SOUTHERN CORP 8,145 909,000 0.18%
167 NAVIOS MARITIME PARTNERS L P 50,404 898,000 0.18%
168 ISHARES TR 27,098 898,000 0.18%
169 HCC INSURANCE HOLDINGS INC 18,617 898,000 0.18%
170 PIMCO ETF TR 8,264 897,000 0.18%
171 VANGUARD INDEX FDS 8,919 889,000 0.17%
172 ISHARES TR 11,761 884,000 0.17%
173 ISHARES TR 7,411 876,000 0.17%
174 ECOLAB INC 7,606 872,000 0.17%
175 POWERSHARES ETF TRUST 47,754 860,000 0.17%
176 STARBUCKS CORP 11,353 856,000 0.17%
177 GOOGLE INC 1,482 854,000 0.17%
178 ABBVIE INC 14,646 845,000 0.17%
179 ISHARES TR 13,190 845,000 0.17%
180 VOYA GLBL EQTY DIV & PREM OP 89,185 835,000 0.16%
181 BGC PARTNERS INC 112,320 833,000 0.16%
182 APOLLO INVT CORP 101,686 830,000 0.16%
183 BERKSHIRE HATHAWAY INC DEL 4 827,000 0.16%
184 ENBRIDGE ENERGY MANAGEMENT LLC SHS UNITS LLI 21,994 817,000 0.16%
185 REALTY INCOME CORP 19,996 815,000 0.16%
186 COMCAST CORP NEW 15,139 814,000 0.16%
187 SELECT SECTOR SPDR TR 15,302 813,000 0.16%
188 VANGUARD INDEX FDS 6,926 812,000 0.16%
189 SELECT SECTOR SPDR TR 34,907 808,000 0.16%
190 VANGUARD BD INDEX FDS 9,831 805,000 0.16%
191 ISHARES TR 19,238 799,000 0.16%
192 VALSPAR CORP 10,105 797,000 0.16%
193 COLONY CAP INC 802,000 788,000 0.15%
194 SHERWIN WILLIAMS CO 3,591 785,000 0.15%
195 AMGEN INC 5,575 783,000 0.15%
196 BIOGEN INC 2,365 781,000 0.15%
197 MONDELEZ INTL INC 22,524 771,000 0.15%
198 AMERICAN INTL GROUP INC 14,195 766,000 0.15%
199 ARES CAPITAL CORP 47,424 766,000 0.15%
200 HORMEL FOODS CORP 14,649 752,000 0.15%
Page 4 of 15

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001427271-14-000005, filed 2014.11.14).

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.