AR Asset Management

AR Asset Management as of Dec. 31, 2011

Portfolio Holdings for AR Asset Management

AR Asset Management holds 94 positions in its portfolio as reported in the December 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Exxon Mobil Corporation (XOM) 7.8 $14M 163k 84.76
Chevron Corporation (CVX) 6.6 $12M 109k 106.40
International Business Machines (IBM) 6.0 $11M 58k 183.87
Philip Morris International (PM) 5.3 $9.4M 120k 78.48
Kinder Morgan Energy Partners 4.2 $7.5M 88k 84.95
Royal Dutch Shell 3.7 $6.5M 90k 73.09
Coca-Cola Company (KO) 3.5 $6.3M 90k 69.97
Merck & Co 3.5 $6.1M 163k 37.70
CommonWealth REIT 2.9 $5.1M 304k 16.64
Procter & Gamble Company (PG) 2.6 $4.6M 69k 66.72
Lorillard 2.3 $4.1M 36k 113.99
General Electric Company 2.2 $4.0M 222k 17.91
Pfizer (PFE) 2.1 $3.7M 173k 21.64
Macy's (M) 2.0 $3.6M 112k 32.18
Diageo (DEO) 1.9 $3.4M 39k 87.41
Loews Corporation (L) 1.8 $3.1M 83k 37.65
Altria (MO) 1.8 $3.1M 105k 29.65
Bristol Myers Squibb (BMY) 1.7 $2.9M 84k 35.24
Pepsi (PEP) 1.6 $2.9M 44k 66.35
Caterpillar (CAT) 1.6 $2.8M 31k 90.59
Johnson & Johnson (JNJ) 1.5 $2.6M 40k 65.59
General Mtrs Co jr pfd cnv srb 1.3 $2.4M 69k 34.24
Apple (AAPL) 1.3 $2.3M 5.7k 404.96
Berkshire Hathaway (BRK.A) 1.2 $2.2M 19.00 114736.84
Roche Holding (RHHBY) 1.1 $1.9M 45k 42.55
JPMorgan Chase & Co. (JPM) 1.0 $1.8M 56k 33.26
Enterprise Products Partners (EPD) 1.0 $1.8M 39k 46.38
Sbc Communications 1.0 $1.8M 59k 30.23
Kraft Foods 1.0 $1.7M 46k 37.37
Freeport-McMoRan Copper & Gold (FCX) 1.0 $1.7M 47k 36.78
Medco Health Solutions 0.9 $1.7M 30k 55.91
Wal-Mart Stores (WMT) 0.9 $1.6M 27k 59.78
Target Corporation (TGT) 0.9 $1.6M 31k 51.20
News Corporation 0.9 $1.5M 87k 17.84
Berkshire Hathaway Inc. Class B 0.9 $1.5M 20k 76.30
ConocoPhillips (COP) 0.8 $1.4M 20k 72.89
Intel Corporation (INTC) 0.8 $1.4M 58k 24.24
Qualcomm (QCOM) 0.7 $1.2M 23k 54.71
Kimberly-Clark Corporation (KMB) 0.7 $1.2M 16k 73.57
New York Community Ban (NYCB) 0.7 $1.2M 95k 12.37
United Technologies Corporation 0.6 $1.1M 14k 73.06
Coca-Cola Enterprises 0.6 $1.0M 40k 25.78
Verizon Communications (VZ) 0.6 $1.0M 25k 40.10
Home Depot (HD) 0.6 $992k 24k 42.03
Nike (NKE) 0.5 $964k 10k 96.40
Home Properties 0.5 $864k 15k 57.60
Total (TTE) 0.5 $815k 16k 51.10
General Growth Properties 0.4 $751k 50k 15.03
Tanger Factory Outlet Centers (SKT) 0.4 $739k 25k 29.33
Swire Pacific (SWRAY) 0.4 $683k 88k 7.77
Bank of Hawaii Corporation (BOH) 0.4 $667k 15k 44.47
AvalonBay Communities (AVB) 0.4 $653k 5.0k 130.60
Public Storage (PSA) 0.4 $630k 4.7k 134.39
Walt Disney Company (DIS) 0.3 $619k 17k 37.47
Pall Corporation 0.3 $620k 11k 57.14
HSBC Holdings (HSBC) 0.3 $596k 16k 38.08
Boston Properties (BXP) 0.3 $598k 6.0k 99.67
BP (BP) 0.3 $540k 13k 42.71
Aon Corporation 0.3 $544k 12k 46.82
Bank of America Corporation (BAC) 0.3 $540k 97k 5.56
Tiffany & Co. 0.3 $550k 8.3k 66.27
Genl Elec Cap Corppfd preferr 0.3 $527k 20k 26.35
Abbott Laboratories (ABT) 0.3 $489k 8.7k 56.21
EOG Resources (EOG) 0.3 $493k 5.0k 98.60
Boeing Company (BA) 0.3 $484k 6.6k 73.33
Swire Pacific (SWRAY) 0.3 $480k 40k 12.00
Alleghany Corporation 0.3 $455k 1.6k 285.45
Nestle SA Reg Shs. Ser. B Spons (NSRGY) 0.3 $462k 8.0k 57.75
H.J. Heinz Company 0.2 $432k 8.0k 54.00
Teva Pharmaceutical Industries (TEVA) 0.2 $404k 10k 40.40
Cisco Systems (CSCO) 0.2 $401k 22k 18.06
Polo Ralph Lauren Corporation 0.2 $414k 3.0k 138.00
Tricon Global Restaurants 0.2 $415k 7.0k 58.95
American Electric Power Company (AEP) 0.2 $413k 10k 41.30
U.s. Bancorp 0.2 $400k 15k 27.05
Banco Santander (SAN) 0.2 $393k 52k 7.53
Zimmer Holdings (ZBH) 0.2 $380k 7.1k 53.36
Microsoft Corporation (MSFT) 0.2 $358k 14k 25.94
Cheung Kong 0.2 $355k 30k 11.83
Emerson Electric (EMR) 0.2 $332k 7.1k 46.56
Ford Motor 0.2 $329k 31k 10.76
General Mills (GIS) 0.2 $323k 8.0k 40.38
Kinder Morgan (KMI) 0.2 $322k 10k 32.20
SYSCO Corporation (SYY) 0.2 $293k 10k 29.30
Chubb Corporation 0.2 $277k 4.0k 69.25
Archer Daniels Midland Company (ADM) 0.2 $291k 10k 28.61
Texas Instruments Incorporated (TXN) 0.2 $291k 10k 29.10
Baxter International (BAX) 0.1 $267k 5.4k 49.39
Hugoton Royalty Trust (HGTXU) 0.1 $245k 13k 18.85
Iac Interactivecorp 0.1 $215k 5.1k 42.57
Howard Hughes 0.1 $211k 4.8k 44.08
Delphi Financial 0.1 $203k 4.6k 44.23
Fidelity National Financial 0.1 $167k 11k 15.97
Mpg Office Tr 7.625% Callable 0.1 $125k 10k 12.50