Dark
Light
System
Institutional Investment Manager
Murphy Pohlad Asset Management LLC
Murphy Pohlad Asset Management LLC (CIK: 0001569148) incorporated in Minnesota, located at 7480 Flying Cloud Drive, Suite 120, Eden Prairie, MN. Institutional holdings reported to the SEC.

Institutional Holdings (2015Q3)
Original 13F HR (0001569148-15-000009) filed in 2015.10.13
#
Name
Shares
Value ($)
%
Options
Notes
51 CUMMINS INC 7,860 853 0.69%
52 TORO CO 11,978 844 0.69%
53 CITIGROUP INC 16,715 829 0.67%
54 RYDEX ETF TRUST 10,246 792 0.64%
55 BERKSHIRE HATHAWAY INC DEL 4 780 0.63%
56 ISHARES TR 8,150 757 0.62%
57 WAL-MART STORES INC 11,282 731 0.59%
58 HOME DEPOT INC 6,292 726 0.59%
59 CHEVRON CORP NEW 8,946 705 0.57%
60 AMERISOURCEBERGEN CORP 7,060 670 0.54%
61 VANGUARD INDEX FDS 5,625 656 0.53%
62 UNION PAC CORP 7,220 638 0.52%
63 CISCO SYS INC 22,390 587 0.48%
64 APACHE CORP 14,075 551 0.45%
65 WINMARK CORP 5,270 542 0.44%
66 ROYAL DUTCH SHELL PLC 11,220 532 0.43%
67 SPECTRA ENERGY CORP 18,920 497 0.40%
68 APPLIED MATLS INC 32,090 471 0.38%
69 UNILEVER PLC 11,440 466 0.38%
70 MID AMER APT CMNTYS INC 5,467 447 0.36%
71 MERCK & CO INC 8,984 443 0.36%
72 MOSAIC CO NEW 13,965 434 0.35%
73 MARSH & MCLENNAN COS INC 8,300 433 0.35%
74 GENERAL DYNAMICS CORP 2,920 402 0.33%
75 ISHARES TR 6,880 394 0.32%
76 ORACLE CORP 10,775 389 0.32%
77 TJX COS INC NEW 4,600 328 0.27%
78 NORTHROP GRUMMAN CORP 1,973 327 0.27%
79 US BANCORP DEL 6,452 264 0.21%
80 BRISTOL MYERS SQUIBB CO 4,403 260 0.21%
81 POTASH CORP SASK INC 12,595 258 0.21%
82 COSTCO WHSL CORP NEW 1,730 250 0.20%
83 MARKEL CORP 296 237 0.19%
84 ABBVIE INC 4,237 230 0.19%
85 ISHARES TR 2,125 223 0.18%
86 LILLY ELI & CO 2,636 220 0.18%
87 BERKLEY W R CORP 3,850 209 0.17%
88 CVS HEALTH CORP 2,075 200 0.16%
89 ENCANA CORP 16,395 105 0.09%
Page 2 of 2