Fundamental Analysis & Recommendations - QMS Advisors HDAX FlexIndex 110

Page 24

27.09.2013

BASF SE Holdings By:

All

Holder Name BLACKROCK NORGES BANK CAPITAL GROUP COMPAN SEB AG VANGUARD GROUP INC DEUTSCHE BANK AG FMR LLC DB PLATINUM ADVISORS UNION INVESTMENT GMB ALLIANZ ASSET MANAGE DEKA INVESTMENT GMBH AMUNDI ADIG INVESTMENT BNP PARIBAS JP MORGAN MERCURY ASSET MANAGE UBS AG FRANKFURT TRUST INVE SEB NEW YORK LIFE INVEST

Firm Name UBS Bankhaus Lampe Jefferies Sanford C. Bernstein & Co AlphaValue Baader Bank Equinet Institutional Services(ESN) Deutsche Bank Morgan Stanley JPMorgan Canaccord Genuity Corp HSBC Hamburger Sparkasse Macquarie Goldman Sachs Day by Day Exane BNP Paribas M.M. Warburg Investment Research Kepler Cheuvreux Commerzbank Corporates & Markets Landesbank Baden-Wuerttemberg DZ Bank AG Societe Generale Bankhaus Metzler Redburn Partners Barclays Nord/LB Credit Suisse Independent Research GmbH Nomura S&P Capital IQ Main First Bank AG EVA Dimensions Berenberg Bank Gilford Securities Banco Sabadell National Bank AG Steubing AG SRH AlsterResearch

Portfolio Name n/a n/a n/a n/a n/a n/a n/a Multiple Portfolios Multiple Portfolios n/a Multiple Portfolios Multiple Portfolios Multiple Portfolios n/a n/a Multiple Portfolios n/a Multiple Portfolios n/a Multiple Portfolios

Analyst THOMAS GILBERT HEIKO FEBER LAURENCE ALEXANDER JEREMY REDENIUS MARTIN SCHNEE NORBERT BARTH NADESHDA DEMIDOVA TIMOTHY JONES PAUL RICHARD WALSH MARTIN EVANS PAUL W SATCHELL GEOFF HAIRE MARCO GUENTHER CHRISTIAN FAITZ MICHAEL RAE VALERIE GASTALDY JAMES KNIGHT OLIVER SCHWARZ MARKUS MAYER LUTZ GRUETEN ULLE WORNER PETER SPENGLER PETER CLARK LARS HETTCHE TONY JONES ANDREAS HEINE THORSTEN STRAUSS CHRIS COUNIHAN CHRISTOPH SCHOENDUBE JEAN DE WATTEVILLE JACOB THRANE RONALD KOEHLER TIMOTHY STANISH JAIDEEP PANDYA PAUL C CHRISTOPHERSON GLEN SPENCER-CHAPMAN EKKEHARD D LINK TEAM COVERAGE OLIVER DREBING

Source ULT-AGG Research ULT-AGG Research ULT-AGG ULT-AGG ULT-AGG MF-AGG MF-AGG ULT-AGG MF-AGG MF-AGG MF-AGG ULT-AGG ULT-AGG MF-AGG ULT-AGG MF-AGG ULT-AGG MF-AGG

Recommendation neutral buy hold outperform reduce buy hold buy Overwt/In-Line underweight sell overweight buy outperform Sell/Neutral buy outperform hold buy buy buy buy hold sell neutral overweight hold neutral hold neutral hold outperform hold hold neutral sell hold buy buy

Amt Held 63'927'154 27'715'437 16'676'000 12'879'295 12'487'374 12'244'163 8'052'439 7'248'759 6'377'307 6'258'389 3'845'199 3'224'267 3'179'430 3'111'311 3'017'006 2'812'432 2'770'972 2'458'610 2'086'640 2'024'615

% Out 6.96 3.02 1.82 1.4 1.36 1.33 0.88 0.79 0.69 0.68 0.42 0.35 0.35 0.34 0.33 0.31 0.3 0.27 0.23 0.22

Weighting

Change 3 5 3 5 2 5 3 5 5 1 1 5 5 5 1 5 5 3 5 5 5 5 3 1 3 5 3 3 3 3 3 5 3 3 3 1 3 5 5

M M M M M M M M M M M M M U M U M M M M M M M M M M M M M M M U M M U M M M M

Latest Chg 3'046'200 294'832 35'147 (303'374) (222'398) (439'057) (27'981) 153'482 (3'152'762) 45'000 (637'860) 350'532 (569) (32'869) 23'000 248'150 196'938

Target Price 75 75 74 86 70 75 75 79 78 54 60 82 #N/A N/A 75 68 77 73 79 80 78 78 81 70 61 #N/A N/A 79 70 73 77 82 72 75 #N/A N/A 60 #N/A N/A 71 64 81 60

Q.M.S Advisors | tel: +41 (0)78 922 08 77 | e-mail: info@qmsadv.com |

File Dt 23.09.2013 19.06.2013 30.06.2013 29.04.2013 30.06.2013 31.07.2013 31.07.2013 24.09.2013 31.07.2013 31.08.2013 31.08.2013 31.08.2013 31.05.2013 31.08.2013 30.06.2013 23.09.2013 24.09.2013 31.05.2013 30.04.2013 31.07.2013

Date 12 month 12 month 12 month 12 month 6 month 12 month Not Provided 12 month 12 month 15 month 12 month Not Provided Not Provided 12 month 12 month 3 month Not Provided 12 month Not Provided 6 month Not Provided Not Provided 12 month 12 month Not Provided Not Provided 12 month Not Provided 12 month 12 month 12 month 12 month Not Provided Not Provided Not Provided 12 month Not Provided Not Provided 12 month

Inst Type Investment Advisor Government Investment Advisor Unclassified Unclassified Investment Advisor Investment Advisor Investment Advisor Investment Advisor Investment Advisor Investment Advisor Investment Advisor Investment Advisor Unclassified Investment Advisor Investment Advisor Unclassified Investment Advisor Unclassified Insurance Company

Date 23.09.2013 23.09.2013 20.09.2013 19.09.2013 19.09.2013 16.09.2013 16.09.2013 15.09.2013 13.09.2013 13.09.2013 13.09.2013 11.09.2013 10.09.2013 04.09.2013 30.08.2013 23.08.2013 22.08.2013 15.08.2013 13.08.2013 29.07.2013 29.07.2013 29.07.2013 26.07.2013 26.07.2013 26.07.2013 26.07.2013 25.07.2013 25.07.2013 25.07.2013 25.07.2013 25.07.2013 01.07.2013 06.06.2013 15.04.2013 08.04.2013 15.02.2013 26.10.2012 05.01.2012 29.10.2010


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