InvestorAmerican Research & Management Co.
Portfolio Value $ 338,128,000
Current Positions374
Opened Positions5
Closed Positions12


Latest Holdings, Performance, AUM (from 13F, 13D)

American Research & Management Co. has disclosed 374 total holdings in their latest SEC filings. Most recent portfolio value is calculated to be $ 338,128,000 USD. Actual Assets Under Management (AUM) is this value plus cash (which is not disclosed).

Top Holdings

American Research & Management Co.'s top holdings are International Business Machines Corp. (NYSE:IBM) , Analog Devices, Inc. (NASDAQ:ADI) , Johnson & Johnson (NYSE:JNJ) , Exxon Mobil Corp. (NYSE:XOM) , and Fiserv, Inc. (NASDAQ:FISV) . American Research & Management Co.'s new positions include Coach, Inc. (NYSE:COH) , Morgan Stanley (NYSE:MS) , BlackRock, Inc. (NYSE:BLK) , Visa, Inc. (NYSE:V) , and Intercontinental Exchange, Inc. (NYSE:ICE) .

All American Research & Management Co. holdings are listed in the following tables. Data is sourced from 13D/13G, 13F, and N-Q filings. Green rows indicate new positions. Red rows indicate closed positions.

This form was filed on February 08, 2018. Click the link icon to see the full transaction history.

Reporting PeriodFormSecurity Imputed
Share Price
Prev SharesCurrent SharesChange
(Percent)
Prev Value ($K)Current Value ($K)Change
(Percent)
2017-12-31 13F-HR ABBV / AbbVie Inc. 96.64 1,887 1,997 5.83 168 193 14.88
2017-12-31 13F-HR GOLF / Acushnet Holdings Corp. 21.67 600 600 0.00 11 13 18.18
2017-12-31 13F-HR BABA / Alibaba Group Holding Limited 173.33 525 525 0.00 91 91 0.00
2017-12-31 13F-HR Ameren Illinois Co 4.7 Pfd / com (02361D845) 96.00 500 48
2017-12-31 13F-HR T / AT & T, Inc. 38.87 41,127 38,843 -5.55 1,611 1,510 -6.27
2017-12-31 13F-HR ADP / Automatic Data Processing, Inc. 117.19 31,040 30,515 -1.69 3,393 3,576 5.39
2017-12-31 13F-HR BGS / B&G Foods, Inc. 36.67 300 11
2017-12-31 13F-HR BIDU / Baidu, Inc. 230.00 100 100 0.00 25 23 -8.00
2017-12-31 13F-HR BMS / Bemis Co., Inc. 48.33 600 600 0.00 27 29 7.41
2017-12-31 13F-HR Blackrock Taxable Municipal Bo / com (09248X100) 23.25 4,000 93
2017-12-31 13F-HR BHF / Brighthouse Financial, Inc. 59.26 135 135 0.00 8 8 0.00
2017-12-31 13F-HR KMX / CarMax, Inc. 64.00 350 250 -28.57 27 16 -40.74
2017-12-31 13F-HR CELG / Celgene Corp. 104.37 20,655 21,990 6.46 3,012 2,295 -23.80
2017-12-31 13F-HR CMG / Chipotle Mexican Grill, Inc. 266.67 15 15 0.00 5 4 -20.00
2017-12-31 13F-HR CSCO / Cisco Systems, Inc. 38.41 4,100 4,400 7.32 138 169 22.46
2017-12-31 13F-HR IJR / iShares Core S&P Small-Cap ETF 77.00 1,000 1,000 0.00 74 77 4.05
2017-12-31 13F-HR COST / Costco Wholesale Corp. 185.71 140 140 0.00 23 26 13.04
2017-12-31 13F-HR D / Dominion Resources, Inc. 80.82 548 1,423 159.67 42 115 173.81
2017-12-31 13F-HR DOW / Dow Chemical Co. (The) 71.22 44,408 44,297 -0.25 3,074 3,155 2.64
2017-12-31 13F-HR EA / Electronic Arts Inc. 111.11 45 45 0.00 5 5 0.00
2017-12-31 13F-HR Emerging Lcl Bd ETF-Mkt Vect / com (57060U522) 18.98 52,629 999
2017-12-31 13F-HR ENB / Enbridge Inc. 39.22 2,115 1,377 -34.89 88 54 -38.64
2017-12-31 13F-HR EPD / Enterprise Products Partners L.P. 26.67 300 300 0.00 8 8 0.00
2017-12-31 13F-HR FFIV / F5 Networks, Inc. 131.23 16,270 12,665 -22.16 1,962 1,662 -15.29
2017-12-31 13F-HR FRCOY / Fast Retailing Co. Ltd. 400.00 40 40 0.00 12 16 33.33
2017-12-31 13F-HR FLO / Flowers Foods, Inc. 19.31 33,451 44,178 32.07 629 853 35.61
2017-12-31 13F-HR GNTX / Gentex Corp. 20.91 27,400 4,400 -83.94 543 92 -83.06
2017-12-31 13F-HR HP / Helmerich & Payne, Inc. 64.63 24,980 27,990 12.05 1,302 1,809 38.94
2017-12-31 13F-HR HD / Home Depot, Inc. (The) 190.58 317 467 47.32 52 89 71.15
2017-12-31 13F-HR HBAN / Huntington Bancshares, Inc. 14.49 6,831 6,831 0.00 95 99 4.21
2017-12-31 13F-HR ILMN / Illumina, Inc. 217.14 350 350 0.00 70 76 8.57
2017-12-31 13F-HR ICLD / InterCloud Systems, Inc. 0.00 6,375 6,375 0.00 0 0
2017-12-31 13F-HR IFF / International Flavors & Fragrances, Inc 152.50 1,000 3,600 260.00 143 549 283.92
2017-12-31 13F-HR ITT / ITT Inc. 52.46 305 305 0.00 14 16 14.29
2017-12-31 13F-HR J G Boswell Co / com (101205102) 713.07 6,207 4,426
2017-12-31 13F-HR JPM / JPMorgan Chase & Co. 107.11 1,827 1,998 9.36 174 214 22.99
2017-12-31 13F-HR KLAC / KLA-Tencor Corp. 105.00 200 200 0.00 21 21 0.00
2017-12-31 13F-HR LSTMF / Lightstream Resources Ltd. 0.00 800 800 0.00 0 0
2017-12-31 13F-HR LNN / Lindsay Corp. 87.50 80 80 0.00 7 7 0.00
2017-12-31 13F-HR NOG / Northern Oil and Gas, Inc. 1.99 4,525 4,525 0.00 4 9 125.00
2017-12-31 13F-HR IWN / iShares Russell 2000 Value ETF 125.00 80 80 0.00 10 10 0.00
2017-12-31 13F-HR MHFI / McGraw Hill Financial, Inc. 170.00 300 300 0.00 47 51 8.51
2017-12-31 13F-HR CNS / Cohen & Steers Inc. 28.23 6,490 10,165 56.63 183 287 56.83
2017-12-31 13F-HR SPG / Simon Property Group, Inc. 168.75 160 27
2017-12-31 13F-HR SYBT / Stock Yards Bancorp, Inc. 37.71 4,750 7,850 65.26 181 296 63.54
2017-12-31 13F-HR RGR / Sturm Ruger & Company, Inc. 60.00 100 100 0.00 5 6 20.00
2017-12-31 13F-HR TGT / Target Corp. 65.00 200 200 0.00 12 13 8.33
2017-12-31 13F-HR SNV / Synovus Financial Corp. 26.15 5,700 22,600 296.49 154 591 283.77
2017-12-31 13F-HR BAB / PowerShares Build America Bond Portfolio 30.00 600 18
2017-12-31 13F-HR TEL / TE Connectivity Ltd. 95.24 525 525 0.00 44 50 13.64
2017-12-31 13F-HR TSLA / Tesla Motors, Inc. 310.98 165 164 -0.61 56 51 -8.93
2017-12-31 13F-HR Texas Capital Bancshares 6.5 / com (882228406) 25.54 7,908 202
2017-12-31 13F-HR TXN / Texas Instruments Inc. 105.71 350 350 0.00 31 37 19.35
2017-12-31 13F-HR TD / Toronto-Dominion Bank (ON) 58.58 47,036 46,636 -0.85 2,647 2,732 3.21
2017-12-31 13F-HR TXCCQ / TranSwitch Corp. 0.00 25 25 0.00 0 0
2017-12-31 13F-HR U.S. Ecology, Inc / com (025533407) 51.67 600 31
2017-12-31 13F-HR UTL / Unitil Corp. 46.00 1,000 1,000 0.00 49 46 -6.12
2017-12-31 13F-HR XLU / SPDR Utilities Select Sector ETF 52.50 400 21
2017-12-31 13F-HR Symbol / Name 31.15 321 321 0.00 9 10 11.11
2017-12-31 13F-HR WMT / Wal-Mart Stores, Inc. 100.00 300 300 0.00 23 30 30.43
2017-12-31 13F-HR WFC / Wells Fargo & Co. 60.73 8,400 8,250 -1.79 463 501 8.21
2017-12-31 13F-HR WFC.PRX / Wells Fargo & Co., 5.50% Dep Shares Non-Cumul Class A Preferred Stock Series X 25.54 40,000 41,000 2.50 1,028 1,047 1.85
2017-12-31 13F-HR XEL / Xcel Energy, Inc. 48.15 1,096 1,869 70.53 52 90 73.08
2017-12-31 13F-HR CMRE / Costamare Inc. 6.00 500 500 0.00 3 3 0.00
2017-12-31 13F-HR KMI / Kinder Morgan, Inc. 18.08 31,392 38,554 22.81 602 697 15.78
2017-12-31 13F-HR CVE / Cenovus Energy Inc. 9.13 4,600 4,600 0.00 46 42 -8.70
2017-12-31 13F-HR AVB / AvalonBay Communities, Inc. 179.25 318 318 0.00 57 57 0.00
2017-12-31 13F-HR SYF / Synchrony Financial 39.43 1,740 558 -67.93 54 22 -59.26
2017-12-31 13F-HR PFF / iShares U.S. Preferred Stock ETF 38.40 0 1,250 0 48
2017-12-31 13F-HR KN / Knowles Corp 14.60 8,975 4,725 -47.35 137 69 -49.64
2017-12-31 13F-HR BP / BP Plc 42.04 11,621 9,396 -19.15 447 395 -11.63
2017-12-31 13F-HR STI / SunTrust Banks, Inc. 64.65 5,491 5,491 0.00 328 355 8.23
2017-12-31 13F-HR STT / State Street Corp. 97.14 3,000 700 -76.67 79 68 -13.92
2017-12-31 13F-HR KO / Coca Cola Co. 45.88 47,477 54,228 14.22 2,137 2,488 16.42
2017-12-31 13F-HR AMGN / Amgen Inc. 173.87 4,852 4,952 2.06 905 861 -4.86
2017-12-31 13F-HR JJC / iPath Bloomberg Copper Subindex Total Return ETN due 10/22/37 40.00 150 150 0.00 5 6 20.00
2017-12-31 13F-HR CAT / Caterpillar, Inc. 157.14 350 350 0.00 44 55 25.00
2017-12-31 13F-HR HSBC / HSBC Holdings Plc 27.00 1,000 1,000 0.00 27 27 0.00
2017-12-31 13F-HR JNJ / Johnson & Johnson 139.72 79,828 78,903 -1.16 10,378 11,024 6.22
2017-12-31 13F-HR IRM / Iron Mountain Incorporated. (REIT) 38.96 308 308 0.00 12 12 0.00
2017-12-31 13F-HR IPGP / IPG Photonics Corp. 216.00 250 250 0.00 46 54 17.39
2017-12-31 13F-HR BIIB / Biogen Inc. 318.57 9,035 9,100 0.72 2,829 2,899 2.47
2017-12-31 13F-HR JBGS / JBG SMITH Properties 177 0 -100.00 6 0 -100.00
2017-12-31 13F-HR TCB-B / TCF Financial Corp., 7.50% Dep Shares Series A Non-Cumul Perp Preferred Stock 26,148 0 -100.00 659 0 -100.00
2017-12-31 13F-HR DVN / Devon Energy Corp. 200 0 -100.00 7 0 -100.00
2017-12-31 13F-HR TPR / Tapestry, Inc. 2,920 0 -100.00 118 0 -100.00
2017-12-31 13F-HR MPC / Marathon Petroleum Corp. 400 0 -100.00 22 0 -100.00
2017-12-31 13F-HR UL / Unilever, PLC ADR 170 0 -100.00 10 0 -100.00
2017-12-31 13F-HR HRB / Block (H.&R.), Inc. 200 0 -100.00 5 0 -100.00
2017-12-31 13F-HR TISI / Team, Inc. 430 0 -100.00 6 0 -100.00
2017-12-31 13F-HR UE / Urban Edge Properties 177 0 -100.00 4 0 -100.00
2017-12-31 13F-HR UNH / UnitedHealth Group Inc. 220.00 150 150 0.00 29 33 13.79
2017-12-31 13F-HR USB / U.S. Bancorp 53.58 6,064 8,082 33.28 325 433 33.23
2017-12-31 13F-HR EW / Edwards Lifesciences Corp. 112.76 7,410 7,760 4.72 810 875 8.02
2017-12-31 13F-HR FSLR / First Solar, Inc. 62.50 80 80 0.00 4 5 25.00
2017-12-31 13F-HR RHHBY / Roche Holding Ltd 31.76 480 1,480 208.33 15 47 213.33
2017-12-31 13F-HR AMLP / Alerian ETF 10.79 12,400 18,075 45.77 139 195 40.29
2017-12-31 13F-HR WY / Weyerhaeuser Co. 35.26 159,112 161,101 1.25 5,415 5,680 4.89
2017-12-31 13F-HR INDB / Independent Bank Corp. 69.78 2,379 2,379 0.00 178 166 -6.74
2017-12-31 13F-HR BRK.B / Berkshire Hathaway, Inc. 198.25 11,415 11,415 0.00 2,093 2,263 8.12
2017-12-31 13F-HR LOGM / LogMein, Inc. 117.65 102 102 0.00 11 12 9.09
2017-12-31 13F-HR OXY / Occidental Petroleum Corp. 73.63 13,798 13,798 0.00 886 1,016 14.67
2017-12-31 13F-HR OMEX / Odyssey Marine Exploration, Inc. 0.00 19 19 0.00 0 0
2017-12-31 13F-HR TTM / Tata Motors Ltd. 33.33 150 150 0.00 5 5 0.00
2017-12-31 13F-HR BA / Boeing Company (The) 294.87 1,595 1,170 -26.65 405 345 -14.81
2017-12-31 13F-HR XNQPX / Nuveen Pennsylvania Investment 12.84 1,558 1,558 0.00 21 20 -4.76
2017-12-31 13F-HR C / Citigroup, Inc. 74.92 40 654 1,535.00 3 49 1,533.33
2017-12-31 13F-HR GGN / GAMCO Global Gold, Natural Resources & Income Trust 6.00 500 500 0.00 3 3 0.00
2017-12-31 13F-HR CL / Colgate-Palmolive Co. 75.00 560 560 0.00 41 42 2.44
2017-12-31 13F-HR PAYX / Paychex, Inc. 68.08 68,272 68,872 0.88 4,094 4,689 14.53
2017-12-31 13F-HR AMZN / Amazon.com, Inc. 1,172.19 102 151 48.04 98 177 80.61
2017-12-31 13F-HR NSC / Norfolk Southern Corp. 145.00 200 200 0.00 26 29 11.54
2017-12-31 13F-HR GSK / GlaxoSmithKline plc 36.36 550 550 0.00 22 20 -9.09
2017-12-31 13F-HR AMBA / Ambarella, Inc. 59.13 2,950 1,150 -61.02 145 68 -53.10
2017-12-31 13F-HR GILD / Gilead Sciences, Inc. 71.62 19,570 20,315 3.81 1,586 1,455 -8.26
2017-12-31 13F-HR UPS / United Parcel Service, Inc. 114.29 35 35 0.00 4 4 0.00
2017-12-31 13F-HR PHO / PowerShares Water Resources Portfolio 28.57 70 70 0.00 2 2 0.00
2017-12-31 13F-HR TWTR / Twitter, Inc. 23.40 470 470 0.00 8 11 37.50
2017-12-31 13F-HR ORCL / Oracle Corp. 46.93 1,321 1,321 0.00 64 62 -3.12
2017-12-31 13F-HR ROK / Rockwell Automation, Inc. 200.00 25 25 0.00 4 5 25.00
2017-12-31 13F-HR SEE / Sealed Air Corp. 47.17 106 106 0.00 5 5 0.00
2017-12-31 13F-HR ARRY / Array BioPharma, Inc. 10.00 100 100 0.00 1 1 0.00
2017-12-31 13F-HR MCHP / Microchip Technology Inc. 89.22 269 269 0.00 24 24 0.00
2017-12-31 13F-HR LNC.WS / Lincoln National Corp. 76.00 500 500 0.00 37 38 2.70
2017-12-31 13F-HR CP / Canadian Pacific Railway Ltd. 181.10 254 254 0.00 43 46 6.98
2017-12-31 13F-HR NOC / Northrop Grumman Corp. 300.00 70 70 0.00 20 21 5.00
2017-12-31 13F-HR EBTC / Enterprise Bancorp, Inc. 34.11 3,196 3,196 0.00 116 109 -6.03
2017-12-31 13F-HR CC / Chemours Company (The) 50.53 436 376 -13.76 22 19 -13.64
2017-12-31 13F-HR PM / Philip Morris International, Inc. 105.66 40,822 40,972 0.37 4,532 4,329 -4.48
2017-12-31 13F-HR SM / SM Energy Co 22.00 500 500 0.00 9 11 22.22
2017-12-31 13F-HR SLB / Schlumberger Ltd. 67.59 956 1,731 81.07 67 117 74.63
2017-12-31 13F-HR JW.A / Wiley (JOHN) & Sons, Inc. 65.74 54,410 54,410 0.00 2,911 3,577 22.88
2017-12-31 13F-HR BIVV / Bioverativ Inc. 53.90 12,961 12,931 -0.23 740 697 -5.81
2017-12-31 13F-HR MKC / McCormick & Co., Inc. 101.91 18,585 20,135 8.34 1,908 2,052 7.55
2017-12-31 13F-HR SBUX / Starbucks Corp. 58.00 200 500 150.00 11 29 163.64
2017-12-31 13F-HR TCB-C / TCF Financial Corp., 6.45% Series B Non-Cumulative Perpetual Preferred Stock 25.75 8,000 8,000 0.00 205 206 0.49
2017-12-31 13F-HR HPQ / HP Inc. 21.25 0 800 0 17
2017-12-31 13F-HR SNAP / Snapchat, Inc. 0.00 18 18 0.00 0 0
2017-12-31 13F-HR AAPL / Apple, Inc. 169.22 38,211 38,482 0.71 5,889 6,512 10.58
2017-12-31 13F-HR XBI / SPDR S&P Biotech ETF 84.83 6,970 6,330 -9.18 603 537 -10.95
2017-12-31 13F-HR CTL / CenturyLink, Inc. 16.61 104 1,084 942.31 2 18 800.00
2017-12-31 13F-HR WAT / Waters Corp. 193.20 45,925 45,125 -1.74 8,244 8,718 5.75
2017-12-31 13F-HR VWO / Vanguard FTSE Emerging Markets ETF 45.91 10,175 10,325 1.47 443 474 7.00
2017-12-31 13F-HR DFS / Discover Financial Services 76.92 78 78 0.00 5 6 20.00
2017-12-31 13F-HR GS.PRB / Goldman Sachs Group, 6.20% Dep Shares Non-cumul Preferred, Stock Series B 25.88 188,450 181,150 -3.87 4,948 4,688 -5.25
2017-12-31 13F-HR GE / General Electric Co. 17.45 106,362 80,927 -23.91 2,572 1,412 -45.10
2017-12-31 13F-HR BDX / Becton Dickinson & Co. 217.82 101 101 0.00 20 22 10.00
2017-12-31 13F-HR PFE / Pfizer, Inc. 36.22 34,997 30,538 -12.74 1,249 1,106 -11.45
2017-12-31 13F-HR RMD / ResMed Inc. 84.68 13,015 13,415 3.07 1,002 1,136 13.37
2017-12-31 13F-HR WEC / WEC Energy Group, Inc. 63.83 141 141 0.00 9 9 0.00
2017-12-31 13F-HR MPW / Medical Properties Trust Inc. 14.00 1,000 1,000 0.00 13 14 7.69
2017-12-31 13F-HR SPY / SPDR S&P 500 ETF Trust 266.90 60 3,668 6,013.33 15 979 6,426.67
2017-12-31 13F-HR KHC / Kraft Heinz Company 77.73 1,815 3,152 73.66 141 245 73.76
2017-12-31 13F-HR CM / Canadian Imperial Bank of Commerce, (Toronto, ON) 97.55 2,122 2,122 0.00 186 207 11.29
2017-12-31 13F-HR PCCC / PC Connection, Inc. 0.00 7 7 0.00 0 0
2017-12-31 13F-HR HCN / Welltower Inc. 63.71 7,746 8,146 5.16 544 519 -4.60
2017-12-31 13F-HR EXAS / EXACT Sciences Corp. 53.00 1,300 1,000 -23.08 61 53 -13.11
2017-12-31 13F-HR APD / Air Products & Chemicals, Inc. 160.00 50 50 0.00 8 8 0.00
2017-12-31 13F-HR IXJ / iShares Global Healthcare ETF 112.90 62 62 0.00 7 7 0.00
2017-12-31 13F-HR TMO / Thermo Fisher Scientific, Inc. 189.97 2,990 2,990 0.00 566 568 0.35
2017-12-31 13F-HR STT / State Street Corp. 26.33 700 3,000 328.57 67 79 17.91
2017-12-31 13F-HR ANDE / Andersons, Inc. (THE) 31.11 450 450 0.00 15 14 -6.67
2017-12-31 13F-HR TJX / TJX Companies, Inc. (The) 76.53 1,900 3,907 105.63 140 299 113.57
2017-12-31 13F-HR NVDA / NVIDIA Corp. 193.51 18,506 18,252 -1.37 3,308 3,532 6.77
2017-12-31 13F-HR MSM / MSC Industrial Direct Co., Inc. 96.63 5,785 5,785 0.00 437 559 27.92
2017-12-31 13F-HR LMNR / Limoneira Co. 22.50 4,000 4,000 0.00 93 90 -3.23
2017-12-31 13F-HR SON / Sonoco Products Co. 53.08 1,300 1,300 0.00 66 69 4.55
2017-12-31 13F-HR ARRS / ARRIS International plc 26.32 380 380 0.00 11 10 -9.09
2017-12-31 13F-HR CATC / Cambridge Bancorp 80.42 7,446 7,386 -0.81 519 594 14.45
2017-12-31 13F-HR O / Realty Income Corp. 57.02 65,521 64,676 -1.29 3,747 3,688 -1.57
2017-12-31 13F-HR IBM / International Business Machines Corp. 153.42 164,954 159,499 -3.31 23,932 24,470 2.25
2017-12-31 13F-HR TXT / Textron, Inc. 57.50 400 400 0.00 22 23 4.55
2017-12-31 13F-HR AGN / Allergan plc 151.52 33 33 0.00 7 5 -28.57
2017-12-31 13F-HR LUK / Leucadia National Corp. 26.67 300 300 0.00 8 8 0.00
2017-12-31 13F-HR DVMT / Dell Technologies Inc. 79.79 188 188 0.00 15 15 0.00
2017-12-31 13F-HR AGNC / AGNC Investment Corp. 20.00 200 200 0.00 4 4 0.00
2017-12-31 13F-HR PJT / PJT Partners Inc. 0.00 2 2 0.00 0 0
2017-12-31 13F-HR HIFS / Hingham Institution for Savings 209.09 220 220 0.00 42 46 9.52
2017-12-31 13F-HR ADBE / Adobe Systems, Inc. 175.23 44,330 44,250 -0.18 6,613 7,754 17.25
2017-12-31 13F-HR IBB / iShares Nasdaq Biotechnology ETF 106.74 995 2,820 183.42 332 301 -9.34
2017-12-31 13F-HR EGOV / NIC, Inc. 16.66 4,900 7,925 61.73 84 132 57.14
2017-12-31 13F-HR DKT / Deutsche Bank Contingent Capital Trust V, 8.05% Trust Preferred Securities 26.12 5,500 24,500 345.45 146 640 338.36
2017-12-31 13F-HR EMB / iShares JPMorgan USD Emerging Markets Bond Fund 116.12 5,520 5,520 0.00 643 641 -0.31
2017-12-31 13F-HR CVS / CVS Health Corporation 72.63 537 537 0.00 44 39 -11.36
2017-12-31 13F-HR FMAT / Fidelity MSCI Materials Index ETF 36.00 500 500 0.00 17 18 5.88
2017-12-31 13F-HR NVS / Novartis AG 83.95 58,399 57,949 -0.77 5,014 4,865 -2.97
2017-12-31 13F-HR FCOR / Fidelity Corporate Bond ETF 50.00 400 400 0.00 20 20 0.00
2017-12-31 13F-HR SLV / iShares Silver Trust 16.67 300 300 0.00 5 5 0.00
2017-12-31 13F-HR LLY / Eli Lilly & Co. 83.33 300 300 0.00 26 25 -3.85
2017-12-31 13F-HR DOV / Dover Corp. 100.99 81,545 79,945 -1.96 7,452 8,074 8.35
2017-12-31 13F-HR UNP / Union Pacific Corp. 135.00 200 200 0.00 23 27 17.39
2017-12-31 13F-HR FBHS / Fortune Brands Home & Security, Inc. 68.42 18,459 18,459 0.00 1,241 1,263 1.77
2017-12-31 13F-HR WBA / Walgreens Boots Alliance, Inc. 72.61 600 2,231 271.83 46 162 252.17
2017-12-31 13F-HR VRTX / Vertex Pharmaceuticals Inc. 149.89 8,950 8,900 -0.56 1,361 1,334 -1.98
2017-12-31 13F-HR PLUG / Plug Power, Inc. 3.03 660 660 0.00 2 2 0.00
2017-12-31 13F-HR ERF / Enerplus Corporation 10.00 200 200 0.00 2 2 0.00
2017-12-31 13F-HR SCHW / Schwab Charles Corp 51.37 141,070 140,320 -0.53 6,170 7,208 16.82
2017-12-31 13F-HR XOM / Exxon Mobil Corp. 83.64 118,228 118,520 0.25 9,692 9,913 2.28
2017-12-31 13F-HR BK / Bank of New York Mellon Corp. (The) 53.88 18,318 18,318 0.00 971 987 1.65
2017-12-31 13F-HR SO / Southern Co. (The) 48.06 2,731 3,371 23.43 134 162 20.90
2017-12-31 13F-HR FDS / FactSet Research Systems, Inc. 190.00 100 100 0.00 18 19 5.56
2017-12-31 13F-HR RIO / Rio Tinto plc 50.00 100 100 0.00 5 5 0.00
2017-12-31 13F-HR USB.PRM / U.S. Bancorp, 6.50% Fixed/Float Dep Shares Non-Cumul Perp Preferred Stock, F 28.22 90,225 82,875 -8.15 2,630 2,339 -11.06
2017-12-31 13F-HR ECL / Ecolab, Inc. 133.33 260 360 38.46 33 48 45.45
2017-12-31 13F-HR CINF / Cincinnati Financial Corp. 75.20 625 625 0.00 48 47 -2.08
2017-12-31 13F-HR SDY / SPDR S&P Dividend ETF 92.86 280 280 0.00 26 26 0.00
2017-12-31 13F-HR CME / CME Group, Inc. 145.10 510 510 0.00 69 74 7.25
2017-12-31 13F-HR DXCM / DexCom, Inc. 55.00 200 200 0.00 10 11 10.00
2017-12-31 13F-HR AMD / Advanced Micro Devices, Inc. 0.00 5 5 0.00 0 0
2017-12-31 13F-HR PER / SandRidge Permian Trust 0.00 200 200 0.00 1 0 -100.00
2017-12-31 13F-HR ACN / Accenture plc 152.48 282 282 0.00 38 43 13.16
2017-12-31 13F-HR STL / Sterling Bancorp 24.55 2,403 2,403 0.00 59 59 0.00
2017-12-31 13F-HR CHD / Church & Dwight Co., Inc. 50.17 174,458 172,358 -1.20 8,452 8,647 2.31
2017-12-31 13F-HR VNO / Vornado Realty Trust 78.27 626 626 0.00 48 49 2.08
2017-12-31 13F-HR KNSL / Kinsale Capital Group, Inc. 44.71 350 850 142.86 15 38 153.33
2017-12-31 13F-HR FAST / Fastenal Co. 54.74 5,190 5,480 5.59 237 300 26.58
2017-12-31 13F-HR MDT / Medtronic plc 81.21 150 628 318.67 12 51 325.00
2017-12-31 13F-HR CALM / Cal-Maine Foods, Inc. 44.00 500 500 0.00 21 22 4.76
2017-12-31 13F-HR GLAD / Gladstone Capital Corp. 10.00 400 400 0.00 4 4 0.00
2017-12-31 13F-HR COP / ConocoPhillips 54.94 9,373 7,973 -14.94 469 438 -6.61
2017-12-31 13F-HR NSRGY / Nestle S.A. 85.97 61,077 59,977 -1.80 5,131 5,156 0.49
2017-12-31 13F-HR CHRW / C.H. Robinson Worldwide, Inc. 90.00 200 200 0.00 15 18 20.00
2017-12-31 13F-HR PSK / SPDR Wells Fargo Preferred Stock ETF 44.02 26,025 24,875 -4.42 1,163 1,095 -5.85
2017-12-31 13F-HR IWR / iShares Russell Mid-Cap ETF 208.25 0 1,431 0 298
2017-12-31 13F-HR DIS / The Walt Disney Co. 107.50 537 1,507 180.63 53 162 205.66
2017-12-31 13F-HR BAC / Bank of America Corp. 29.52 26,490 26,490 0.00 671 782 16.54
2017-12-31 13F-HR BPFH / Boston Private Financial Holdings, Inc. 25.66 39,300 41,080 4.53 1,008 1,054 4.56
2017-12-31 13F-HR SMIZY / Melia Hotels International SA 14.00 1,500 1,500 0.00 22 21 -4.55
2017-12-31 13F-HR SYK / Stryker Corp. 154.84 22,445 21,835 -2.72 3,188 3,381 6.05
2017-12-31 13F-HR ESRX / Express Scripts Holding Co. 72.29 83 83 0.00 5 6 20.00
2017-12-31 13F-HR GLW / Corning, Inc. 32.50 400 400 0.00 12 13 8.33
2017-12-31 13F-HR FIS / Fidelity National Information Services, Inc. 93.60 609 609 0.00 57 57 0.00
2017-12-31 13F-HR ANZBY / Australia & New Zealand Banking Group Ltd. 22.00 500 500 0.00 12 11 -8.33
2017-12-31 13F-HR AI / Arlington Asset Investment Corp. 10.00 200 200 0.00 3 2 -33.33
2017-12-31 13F-HR ROP / Roper Technologies, Inc. 266.67 60 60 0.00 15 16 6.67
2017-12-31 13F-HR BLL / Ball Corp. 37.86 2,800 2,800 0.00 116 106 -8.62
2017-12-31 13F-HR ADSK / Autodesk, Inc. 100.00 100 100 0.00 11 10 -9.09
2017-12-31 13F-HR NFLX / Netflix, Inc. 210.53 19 19 0.00 3 4 33.33
2017-12-31 13F-HR CRC / California Resources Corp. 0.00 2 2 0.00 0 0
2017-12-31 13F-HR PTC / PTC Inc. 60.00 200 400 100.00 11 24 118.18
2017-12-31 13F-HR CMA / Comerica, Inc. 86.15 650 650 0.00 50 56 12.00
2017-12-31 13F-HR GOOG / Alphabet Inc. Class C 1,046.78 986 962 -2.43 946 1,007 6.45
2017-12-31 13F-HR HCI / HCI Group, Inc. 29.90 34,525 36,125 4.63 1,321 1,080 -18.24
2017-12-31 13F-HR GRMN / Garmin Ltd. 60.00 100 100 0.00 5 6 20.00
2017-12-31 13F-HR WASH / Washington Trust Bancorp, Inc. 53.27 2,159 2,159 0.00 124 115 -7.26
2017-12-31 13F-HR MRK / Merck & Co., Inc. 56.27 37,706 35,827 -4.98 2,414 2,016 -16.49
2017-12-31 13F-HR SCHB / Schwab U.S. Broad Market ETF 64.60 4,632 4,752 2.59 282 307 8.87
2017-12-31 13F-HR TOTL / SPDR Doubleline Total Return Tactical ETF 49.18 305 305 0.00 15 15 0.00
2017-12-31 13F-HR EBAY / eBay, Inc. 40.00 100 100 0.00 4 4 0.00
2017-12-31 13F-HR POT / Potash Corp. of Saskatchewan, Inc. 20.61 2,650 1,650 -37.74 51 34 -33.33
2017-12-31 13F-HR IMO / Imperial Oil Ltd. 31.21 48,280 46,880 -2.90 1,542 1,463 -5.12
2017-12-31 13F-HR PLRM / Pilgrim Bancshares, Inc. 19.07 7,500 7,500 0.00 144 143 -0.69
2017-12-31 13F-HR BFAM / Bright Horizons Family Solutions, Inc. 93.95 2,150 2,150 0.00 185 202 9.19
2017-12-31 13F-HR PIO / PowerShares Global Exchange Traded Fund Trust 28.57 70 70 0.00 2 2 0.00
2017-12-31 13F-HR GBCI / Glacier Bancorp, Inc. 39.39 205,072 204,022 -0.51 7,744 8,036 3.77
2017-12-31 13F-HR MO / Altria Group, Inc. 71.41 78,388 80,663 2.90 4,971 5,760 15.87
2017-12-31 13F-HR PYPL / PayPal Holdings, Inc. 73.63 41,780 42,754 2.33 2,675 3,148 17.68
2017-12-31 13F-HR MCD / McDonald's Corp. 172.00 250 250 0.00 39 43 10.26
2017-12-31 13F-HR MET / MetLife, Inc. 50.67 1,500 1,500 0.00 78 76 -2.56
2017-12-31 13F-HR TRV / Travelers Companies, Inc. (The) 135.56 0 450 0 61
2017-12-31 13F-HR VGK / Vanguard FTSE Europe ETF 60.00 200 200 0.00 12 12 0.00
2017-12-31 13F-HR NLY / Annaly Capital Management, Inc. 12.00 0 2,000 0 24
2017-12-31 13F-HR VEU / Vanguard FTSE All-World ex-US ETF 54.55 825 825 0.00 43 45 4.65
2017-12-31 13F-HR MAR / Marriott International, Inc. 135.74 12,399 12,399 0.00 1,367 1,683 23.12
2017-12-31 13F-HR DUKH / Duke Energy Corporation 84.10 8,832 13,293 50.51 741 1,118 50.88
2017-12-31 13F-HR SXL / Sunoco Logistics Partners L.P. 17.91 21,752 32,489 49.36 398 582 46.23
2017-12-31 13F-HR ECT / ECA Marcellus Trust I 2.50 1,200 1,200 0.00 3 3 0.00
2017-12-31 13F-HR FB / Facebook, Inc. 176.34 2,355 2,671 13.42 402 471 17.16
2017-12-31 13F-HR WFC.PRJ / Wells Fargo & Co., 8.00% Dep Shares Non-cumul Perp Cl A Preferred Stock Series J 25.65 142,080 145,780 2.60 3,623 3,739 3.20
2017-12-31 13F-HR ISBC / Investors Bancorp, Inc. 13.73 2,550 2,550 0.00 35 35 0.00
2017-12-31 13F-HR AFSI / AmTrust Financial Services, Inc. 10.07 6,800 7,550 11.03 92 76 -17.39
2017-12-31 13F-HR DX / Dynex Capital, Inc. 7.00 1,000 1,000 0.00 7 7 0.00
2017-12-31 13F-HR PRAA / PRA Group, Inc. 33.16 6,780 3,860 -43.07 194 128 -34.02
2017-12-31 13F-HR SDT / SandRidge Mississippian Trust I 1.25 800 800 0.00 1 1 0.00
2017-12-31 13F-HR MSFT / Microsoft Corp. 85.55 26,712 30,765 15.17 1,990 2,632 32.26
2017-12-31 13F-HR NVO / Novo-Nordisk A/S 53.68 22,250 22,225 -0.11 1,071 1,193 11.39
2017-12-31 13F-HR KEWL / Keweenaw Land Association, Ltd. 94.08 3,380 3,380 0.00 345 318 -7.83
2017-12-31 13F-HR PG / Procter & Gamble Co. (The) 91.89 60,940 61,838 1.47 5,544 5,682 2.49
2017-12-31 13F-HR ABT / Abbott Laboratories 57.14 1,697 1,820 7.25 91 104 14.29
2017-12-31 13F-HR SFE / Safeguard Scientifics, Inc. 11.20 123,916 116,974 -5.60 1,654 1,310 -20.80
2017-12-31 13F-HR CNI / Canadian National Railway Co. 80.00 50 50 0.00 4 4 0.00
2017-12-31 13F-HR CMCSA / Comcast Corp. 40.12 1,346 1,346 0.00 52 54 3.85
2017-12-31 13F-HR QCOM / QUALCOMM Incorporated 64.18 2,384 2,384 0.00 124 153 23.39
2017-12-31 13F-HR TRP / TransCanada Corp. 48.64 55,461 58,229 4.99 2,741 2,832 3.32
2017-12-31 13F-HR LQD / iShares iBoxx $ Investment Grade Corporate Bond ETF 121.60 13,260 13,660 3.02 1,608 1,661 3.30
2017-12-31 13F-HR RDS.B / Royal Dutch Shell Plc 68.25 8,645 8,645 0.00 541 590 9.06
2017-12-31 13F-HR CVX / Chevron Corp. 125.20 40,610 42,421 4.46 4,772 5,311 11.30
2017-12-31 13F-HR PNC / PNC Financial Services Group, Inc. (The) 143.62 188 188 0.00 25 27 8.00
2017-12-31 13F-HR KMB / Kimberly-Clark Corp. 112.90 62 62 0.00 7 7 0.00
2017-12-31 13F-HR TFX / Teleflex, Inc. 248.86 12,309 10,709 -13.00 2,978 2,665 -10.51
2017-12-31 13F-HR WRI / Weingarten Realty Investors 2,050 0 -100.00 65 0 -100.00
2017-12-31 13F-HR APU / AmeriGas Partners, L.P. 300 0 -100.00 13 0 -100.00
2017-12-31 13F-HR FPO / First Potomac Realty Trust 100 0 -100.00 1 0 -100.00
2017-12-31 13F-HR DNKN / Dunkin' Brands Group, Inc. 65.00 200 200 0.00 11 13 18.18
2017-12-31 13F-HR CTXS / Citrix Systems, Inc. 88.33 600 600 0.00 46 53 15.22
2017-12-31 13F-HR YUM / Yum! Brands, Inc. 87.50 80 80 0.00 6 7 16.67
2017-12-31 13F-HR CMN / Cantel Medical Corp. 104.35 230 230 0.00 22 24 9.09
2017-12-31 13F-HR FTRPR / Frontier Communications Corp. 0.00 35 41 17.14 0 0
2017-12-31 13F-HR ANCX / Access National Corp. 27.86 7,899 8,649 9.49 226 241 6.64
2017-12-31 13F-HR TRTC / Terra Tech Corp. 0.42 9,500 9,500 0.00 2 4 100.00
2017-12-31 13F-HR MDLZ / Mondelez International, Inc. 42.74 6,153 8,212 33.46 250 351 40.40
2017-12-31 13F-HR F / Ford Motor Co. 11.67 600 600 0.00 7 7 0.00
2017-12-31 13F-HR ROX / Castle Brands, Inc. 1.20 10,000 10,000 0.00 13 12 -7.69
2017-12-31 13F-HR ES / Eversource Energy 63.45 851 851 0.00 51 54 5.88
2017-12-31 13F-HR HSY / Hershey Company (The) 112.50 400 400 0.00 44 45 2.27
2017-12-31 13F-HR VZ / Verizon Communications, Inc. 52.91 9,714 11,983 23.36 481 634 31.81
2017-12-31 13F-HR NXPI / NXP Semiconductors N.V. 117.78 510 450 -11.76 58 53 -8.62
2017-12-31 13F-HR UTX / United Technologies Corp. 127.54 13,616 14,936 9.69 1,581 1,905 20.49
2017-12-31 13F-HR PBCT / People's United Financial, Inc. 18.67 3,000 3,000 0.00 54 56 3.70
2017-12-31 13F-HR PBEGF / Touchstone Exploration Inc. 0.00 150 150 0.00 0 0
2017-12-31 13F-HR GLNG / Golar LNG Ltd. 29.33 750 750 0.00 17 22 29.41
2017-12-31 13F-HR ADM / Archer-Daniels-Midland Co. 40.00 1,300 1,300 0.00 55 52 -5.45
2017-12-31 13F-HR YUMC / Yum China Holdings, Inc. 37.50 80 80 0.00 3 3 0.00
2017-12-31 13F-HR EXPD / Expeditors International of Washington, Inc. 64.77 3,110 2,810 -9.65 186 182 -2.15
2017-12-31 13F-HR ITW / Illinois Tool Works, Inc. 166.84 49,290 48,615 -1.37 7,293 8,111 11.22
2017-12-31 13F-HR JCI / Johnson Controls International plc 37.92 501 501 0.00 20 19 -5.00
2017-12-31 13F-HR BBT / BB&T Corp. 49.55 39,750 2,200 -94.47 1,006 109 -89.17
2017-12-31 13F-HR BBT / BB&T Corp. 25.26 2,200 41,250 1,775.00 109 1,042 855.96
2017-12-31 13F-HR TEVA / Teva Pharmaceutical Industries Ltd. 19.05 105 105 0.00 2 2 0.00
2017-12-31 13F-HR CREE / Cree, Inc. 37.03 3,700 3,700 0.00 104 137 31.73
2017-12-31 13F-HR INTC / Intel Corp. 46.14 1,900 6,177 225.11 72 285 295.83
2017-12-31 13F-HR GEK / General Electric Capital Corp. 4.70% Bonds due 2053-5-16 25.00 2,000 2,000 0.00 51 50 -1.96
2017-12-31 13F-HR STI.PRE / Suntrust Bankk, 5.875% Dep Shares Perpetual Preferred Stock, Series E 25.21 28,500 35,500 24.56 726 895 23.28
2017-12-31 13F-HR NEE / NextEra Energy, Inc. 156.30 2,700 2,975 10.19 396 465 17.42
2017-12-31 13F-HR UTHR / United Therapeutics Corp. 140.00 50 50 0.00 6 7 16.67
2017-12-31 13F-HR SYY / SYSCO Corp. 60.77 3,985 3,785 -5.02 215 230 6.98
2017-12-31 13F-HR CSJ / iShares 1-3 Year Credit Bond ETF 104.52 450 775 72.22 47 81 72.34
2017-12-31 13F-HR CLH / Clean Harbors, Inc. 50.00 100 100 0.00 6 5 -16.67
2017-12-31 13F-HR TOT / Total S.A. 54.74 274 274 0.00 15 15 0.00
2017-12-31 13F-HR VAC / Marriott Vacations Worldwide Corp 135.32 1,042 1,042 0.00 130 141 8.46
2017-12-31 13F-HR EMR / Emerson Electric Co. 69.91 1,745 1,745 0.00 110 122 10.91
2017-12-31 13F-HR SWHC / Smith & Wesson Holding Corp. 13.12 1,600 1,600 0.00 24 21 -12.50
2017-12-31 13F-HR MMM / 3M Co. 235.37 935 735 -21.39 196 173 -11.73
2017-12-31 13F-HR ALL / Allstate Corp. (The) 104.57 985 985 0.00 91 103 13.19
2017-12-31 13F-HR DEO / Diageo plc 146.08 2,015 2,615 29.78 266 382 43.61
2017-12-31 13F-HR Western Asset Emerging Mkt Deb / com (95766A101) 15.00 400 6
2017-12-31 13F-HR Vornado Rlty Tr Pfd Ser G 6.62 / com (929042802) 25.02 56,725 1,419
2017-12-31 13F-HR V / Visa, Inc. 114.29 420 48
2017-12-31 13F-HR U-Blox Holding Ag Ord / com (H89210100) 197.14 350 69
2017-12-31 13F-HR TRGP / Targa Resources Corp. 48.91 920 45
2017-12-31 13F-HR COH / Coach, Inc. 44.18 2,920 129
2017-12-31 13F-HR BKLN / PowerShares Senior Loan Portfolio 23.38 770 18
2017-12-31 13F-HR SBR / Sabine Royalty Trust 45.00 1,000 45
2017-12-31 13F-HR S&P 500 ETF-Vanguard / com (922908413) 250.00 20 5
2017-12-31 13F-HR RY / Royal Bank of Canada (Montreal, PQ) 82.11 475 39
2017-12-31 13F-HR PK / Park Hotels & Resorts Inc. 28.39 317 9
2017-12-31 13F-HR PANW / Palo Alto Networks, Inc. 142.86 175 25
2017-12-31 13F-HR PKG / Packaging Corp. of America 121.79 312 38
2017-12-31 13F-HR Ocean Spray Cranberrry Pfd / com (675022305) 0.00 20 0
2017-12-31 13F-HR Ocean Spray 4 Pfd / com (675022206) 11.34 1,323 15
2017-12-31 13F-HR MS / Morgan Stanley 52.36 1,375 72
2017-12-31 13F-HR ACAD / ACADIA Pharmaceuticals, Inc. 30.00 100 100 0.00 4 3 -25.00
2017-12-31 13F-HR IWP / iShares Russell Midcap Growth ETF 119.72 142 142 0.00 16 17 6.25
2017-12-31 13F-HR MMP / Magellan Midstream Partners, L.P. 70.95 10,788 12,488 15.76 767 886 15.51
2017-12-31 13F-HR HST / Host Hotels & Resorts, Inc. 22.22 45 45 0.00 1 1 0.00
2017-12-31 13F-HR DE / Deere & Co. 156.45 4,575 4,225 -7.65 575 661 14.96
2017-12-31 13F-HR TERX / Terra Inventions Corp. 0.00 1 1 0.00 0 0
2017-12-31 13F-HR FRFHF / Fairfax Financial Holdings Ltd. 562.50 16 16 0.00 8 9 12.50
2017-12-31 13F-HR DTK / Deutsche Bank Contingent Capital Trust III, 7.60% Trust Preferred Securities 25.68 1,500 3,700 146.67 39 95 143.59
2017-12-31 13F-HR BX / Blackstone Group L.P. (The) 30.00 100 100 0.00 3 3 0.00
2017-12-31 13F-HR SJM / Smucker (J.M.) Co. 126.05 238 238 0.00 25 30 20.00
2017-12-31 13F-HR HON / Honeywell International, Inc. 152.62 516 629 21.90 73 96 31.51
2017-12-31 13F-HR PSX / Phillips 66 101.09 4,934 4,234 -14.19 452 428 -5.31
2017-12-31 13F-HR ADI / Analog Devices, Inc. 89.03 129,625 127,240 -1.84 11,170 11,328 1.41
2017-12-31 13F-HR BMY / Bristol-Myers Squibb Co. 61.15 1,042 1,292 23.99 66 79 19.70
2017-12-31 13F-HR PEP / PepsiCo, Inc. 119.92 57,766 57,555 -0.37 6,437 6,902 7.22
2017-12-31 13F-HR FISV / Fiserv, Inc. 131.13 72,185 70,035 -2.98 9,309 9,184 -1.34
2017-12-31 13F-HR BAYZF / Bayer A.G. 31.52 1,364 1,364 0.00 46 43 -6.52
2017-12-31 13F-HR GOOGL / Alphabet Inc. 1,054.47 459 459 0.00 447 484 8.28
2017-12-31 13F-HR HCP / HCP, Inc. 25.88 966 966 0.00 27 25 -7.41
2017-12-31 13F-HR BSX / Boston Scientific Corp. 25.00 2,000 2,000 0.00 58 50 -13.79
2017-12-31 13F-HR BSV / Vanguard Short-Term Bond ETF 79.06 6,340 7,690 21.29 506 608 20.16
2017-12-31 13F-HR ICE / Intercontinental Exchange, Inc. 70.77 650 46
2017-12-31 13F-HR Idearc Inc Com / com (451663108) 0.00 9 0
2017-12-31 13F-HR HLT / Hilton Worldwide Holdings Inc. 79.33 479 38
2017-12-31 13F-HR HGV / Hilton Grand Vacations Inc. 41.96 143 6
2017-12-31 13F-HR Gold Shares ETF-SPDR / com (863307104) 124.59 305 38
2017-12-31 13F-HR GM / General Motors Company 40.00 450 18
2017-12-31 13F-HR GIS / General Mills, Inc. 58.46 325 19
2017-12-31 13F-HR First Republic Bank 5.625 Pfd / com (33616C605) 25.00 1,000 25
2017-12-31 13F-HR DNP / DNP Select Income Fund, Inc. 10.00 500 5
2017-12-31 13F-HR COF / Capital One Financial Corp. 98.82 425 42
2017-12-31 13F-HR BLK / BlackRock, Inc. 514.49 138 71
2017-12-31 13F-HR BOCA / Banc of California, Inc. 26.00 500 13
2017-12-31 13F-HR Banc of California 7.375 Pfd / com (05990K882) 26.67 600 16
2017-12-31 13F-HR A.D. Makepeace Company / com (560874109) 5,000.00 2,609 13,045