AR Asset Management

AR Asset Management as of Sept. 30, 2011

Portfolio Holdings for AR Asset Management

AR Asset Management holds 98 positions in its portfolio as reported in the September 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Exxon Mobil Corporation (XOM) 7.3 $12M 163k 72.63
Chevron Corporation (CVX) 6.2 $10M 109k 92.59
International Business Machines (IBM) 6.2 $10M 58k 174.88
Philip Morris International (PM) 4.6 $7.5M 120k 62.38
Coca-Cola Company (KO) 3.7 $6.1M 90k 67.56
Kinder Morgan Energy Partners 3.7 $6.0M 88k 68.38
CommonWealth REIT 3.7 $6.0M 317k 18.97
Royal Dutch Shell 3.4 $5.5M 90k 61.52
Merck & Co 3.3 $5.3M 163k 32.70
Procter & Gamble Company (PG) 2.7 $4.3M 69k 63.19
General Electric Company 2.5 $4.2M 273k 15.22
Lorillard 2.5 $4.0M 36k 110.71
Pfizer (PFE) 2.1 $3.4M 193k 17.68
Diageo (DEO) 1.8 $3.0M 39k 75.93
Macy's (M) 1.8 $2.9M 112k 26.32
Loews Corporation (L) 1.8 $2.9M 83k 34.55
Altria (MO) 1.7 $2.8M 105k 26.81
General Mtrs Co jr pfd cnv srb 1.7 $2.8M 79k 35.08
Pepsi (PEP) 1.7 $2.7M 44k 61.90
Bristol Myers Squibb (BMY) 1.6 $2.6M 84k 31.38
Johnson & Johnson (JNJ) 1.6 $2.5M 40k 63.68
JPMorgan Chase & Co. (JPM) 1.4 $2.3M 76k 30.12
Caterpillar (CAT) 1.4 $2.3M 31k 73.84
Apple (AAPL) 1.3 $2.2M 5.7k 381.24
Berkshire Hathaway (BRK.A) 1.2 $2.0M 19.00 106789.47
Roche Holding (RHHBY) 1.1 $1.8M 45k 40.22
Sbc Communications 1.0 $1.7M 59k 28.52
Enterprise Products Partners (EPD) 1.0 $1.6M 39k 40.14
Kraft Foods 0.9 $1.5M 46k 33.57
Target Corporation (TGT) 0.9 $1.5M 31k 49.06
New York Community Ban (NYCB) 0.9 $1.5M 124k 11.90
Berkshire Hathaway Inc. Class B 0.9 $1.4M 20k 71.05
Medco Health Solutions 0.9 $1.4M 30k 46.90
Freeport-McMoRan Copper & Gold (FCX) 0.9 $1.4M 47k 30.44
Wal-Mart Stores (WMT) 0.8 $1.4M 27k 51.90
News Corporation 0.8 $1.3M 87k 15.48
ConocoPhillips (COP) 0.8 $1.2M 20k 63.30
Intel Corporation (INTC) 0.8 $1.2M 58k 21.33
Kimberly-Clark Corporation (KMB) 0.7 $1.1M 16k 71.01
Qualcomm (QCOM) 0.7 $1.1M 23k 48.62
United Technologies Corporation 0.6 $1.0M 14k 70.35
Coca-Cola Enterprises 0.6 $995k 40k 24.88
Verizon Communications (VZ) 0.6 $929k 25k 36.81
Bank of America Corporation (BAC) 0.5 $840k 137k 6.12
Nike (NKE) 0.5 $855k 10k 85.50
Home Properties 0.5 $851k 15k 56.73
HSBC Holdings (HSBC) 0.5 $791k 21k 38.03
Home Depot (HD) 0.5 $776k 24k 32.88
Swire Pacific (SWRAY) 0.5 $774k 88k 8.80
Total (TTE) 0.4 $700k 16k 43.89
Tanger Factory Outlet Centers (SKT) 0.4 $655k 25k 25.99
General Growth Properties 0.4 $605k 50k 12.11
Ford Motor 0.4 $586k 61k 9.67
AvalonBay Communities (AVB) 0.3 $570k 5.0k 114.00
Bank of Hawaii Corporation (BOH) 0.3 $546k 15k 36.40
Boston Properties (BXP) 0.3 $535k 6.0k 89.17
Public Storage (PSA) 0.3 $522k 4.7k 111.35
Genl Elec Cap Corppfd preferr 0.3 $520k 20k 26.00
Walt Disney Company (DIS) 0.3 $498k 17k 30.15
Tiffany & Co. 0.3 $505k 8.3k 60.84
Aon Corporation 0.3 $488k 12k 42.00
BP (BP) 0.3 $456k 13k 36.07
Pall Corporation 0.3 $460k 11k 42.39
Alleghany Corporation 0.3 $460k 1.6k 288.58
Abbott Laboratories (ABT) 0.3 $445k 8.7k 51.15
Nestle SA Reg Shs. Ser. B Spons (NSRGY) 0.3 $441k 8.0k 55.12
Banco Santander (SAN) 0.3 $420k 52k 8.04
H.J. Heinz Company 0.2 $404k 8.0k 50.50
Boeing Company (BA) 0.2 $399k 6.6k 60.45
Polo Ralph Lauren Corporation 0.2 $389k 3.0k 129.67
Swire Pacific (SWRAY) 0.2 $398k 40k 9.95
Teva Pharmaceutical Industries (TEVA) 0.2 $372k 10k 37.20
American Electric Power Company (AEP) 0.2 $380k 10k 38.00
Zimmer Holdings (ZBH) 0.2 $381k 7.1k 53.50
EOG Resources (EOG) 0.2 $355k 5.0k 71.00
Microsoft Corporation (MSFT) 0.2 $343k 14k 24.86
Cisco Systems (CSCO) 0.2 $344k 22k 15.50
Tricon Global Restaurants 0.2 $348k 7.0k 49.43
U.s. Bancorp 0.2 $348k 15k 23.53
Cheung Kong 0.2 $322k 30k 10.73
Baxter International (BAX) 0.2 $303k 5.4k 56.05
General Mills (GIS) 0.2 $308k 8.0k 38.50
Emerson Electric (EMR) 0.2 $295k 7.1k 41.37
Hugoton Royalty Trust (HGTXU) 0.2 $277k 13k 21.31
Expedia 0.2 $260k 10k 25.74
SYSCO Corporation (SYY) 0.2 $259k 10k 25.90
Texas Instruments Incorporated (TXN) 0.2 $266k 10k 26.60
AMR Corporation 0.2 $253k 85k 2.96
General Motors Company (GM) 0.2 $256k 13k 20.16
Kinder Morgan (KMI) 0.2 $259k 10k 25.90
Chubb Corporation 0.1 $240k 4.0k 60.00
Archer Daniels Midland Company (ADM) 0.1 $252k 10k 24.77
Sunstone Hotel Investors (SHO) 0.1 $250k 44k 5.69
Howard Hughes 0.1 $202k 4.8k 42.20
Lmp Real Estate Income Fund In 0.1 $174k 20k 8.70
Fidelity National Financial 0.1 $159k 11k 15.20
Mpg Office Tr 7.625% Callable 0.1 $141k 10k 14.10
Alliance Capital Mgmt Hold 0.1 $136k 10k 13.60