Hikari Tsushin, Inc. Activity Q4 2006-Q3 2023

Q3 2023

			Value		Shares		↓ Weighting
GOOGL	Sell	ALPHABET INC	$105,731,870	+7.3%	807,977	-1.9%	10.28%	+8.6%
ABBV	Sell	ABBVIE INC	$15,645,785	+5.5%	104,963	-4.6%	1.52%	+6.8%
AAPL	Sell	APPLE INC	$14,111,813	-22.7%	82,424	-12.5%	1.37%	-21.7%
BRKB	Buy	BERKSHIRE HATHAWAY INC-CL B	$6,966,416	+23.5%	19,887	+20.2%	0.68%	+24.9%
NVO	Buy	NOVO NORDISK AS	$6,180,919	-39.3%	67,967	+7.9%	0.60%	-38.5%
XOM	Buy	EXXON MOBIL CORP	$5,833,379	+54.0%	49,612	+40.5%	0.57%	+55.8%
ISRG	Sell	INTUITIVE SURGICAL INC	$5,128,813	-32.8%	17,547	-21.4%	0.50%	-31.9%
TSM	Sell	TAIWAN SEMICONDUCTOR MFG LTD	$4,912,631	-56.2%	56,532	-49.1%	0.48%	-55.6%
BK	Sell	BANK OF NEW YORK MELLON CORP	$2,274,354	-65.6%	53,326	-64.1%	0.22%	-65.2%
WAT	Buy	WATERS CORPORATION	$2,272,104	+36.1%	8,286	+32.3%	0.22%	+38.1%
	Buy	BROOKFIELD CORP	$1,368,500	+19.4%	43,764	+28.5%	0.13%	+20.9%
AMGN	Sell	AMGEN INC	$1,223,127	-81.9%	4,551	-85.0%	0.12%	-81.6%
OXY	New	OCCIDENTAL PETROLEUM CORP	$343,669	–	5,297	–	0.03%	–
LEVI	New	LEVI STRAUSS AND CO- CLASS A	$332,710	–	24,500	–	0.03%	–
USB	Exit	US BANCORP	$0	–	-112,570	–	-0.36%	–

Q2 2023

			Value		Shares		↓ Weighting
BRKA	New	BERKSHIRE HATHAWAY INC-CL A	$583,571,870	–	1,127	–	56.03%	–
GOOGL	New	ALPHABET INC	$98,580,371	–	823,562	–	9.46%	–
VOO	New	VANGUARD S AND P 500 ETF	$32,408,084	–	79,572	–	3.11%	–
V	New	VISA INC	$23,882,414	–	100,566	–	2.29%	–
JNJ	New	JOHNSON AND JOHNSON	$23,691,374	–	143,133	–	2.28%	–
MMM	New	3M CO	$19,590,616	–	195,730	–	1.88%	–
AAPL	New	APPLE INC	$18,263,245	–	94,155	–	1.75%	–
MO	New	ALTRIA GROUP INC	$17,161,633	–	378,844	–	1.65%	–
ABBV	New	ABBVIE INC	$14,830,674	–	110,077	–	1.42%	–
DHR	New	DANAHER CORP	$14,824,560	–	61,769	–	1.42%	–
LMT	New	LOCKHEED MARTIN CORP	$14,285,131	–	31,029	–	1.37%	–
PSX	New	PHILLIPS 66	$14,081,712	–	147,638	–	1.35%	–
MDT	New	MEDTRONIC PLC	$12,770,271	–	144,952	–	1.23%	–
TSM	New	TAIWAN SEMICONDUCTOR MFG LTD	$11,212,212	–	111,100	–	1.08%	–
MCO	New	MOODY'S CORP	$11,018,899	–	31,689	–	1.06%	–
NVO	New	NOVO NORDISK AS	$10,190,435	–	62,970	–	0.98%	–
	New	LINDE PLC	$9,717,540	–	25,500	–	0.93%	–
ISRG	New	INTUITIVE SURGICAL INC	$7,633,811	–	22,325	–	0.73%	–
ROP	New	ROPER TECHNOLOGIES INC	$7,500,480	–	15,600	–	0.72%	–
BHP	New	BHP GROUP LTD-SPON ADR	$7,101,983	–	119,021	–	0.68%	–
AMGN	New	AMGEN INC	$6,740,971	–	30,362	–	0.65%	–
BK	New	BANK OF NEW YORK MELLON CORP	$6,610,552	–	148,485	–	0.64%	–
BRKB	New	BERKSHIRE HATHAWAY INC-CL B	$5,642,527	–	16,547	–	0.54%	–
AME	New	AMETEK INC	$5,388,661	–	33,288	–	0.52%	–
PG	New	PROCTER AND GAMBLE CO	$5,330,778	–	35,131	–	0.51%	–
BMY	New	BRISTOL-MYERS SQUIBB CO	$5,188,967	–	81,141	–	0.50%	–
RSG	New	REPUBLIC SERVICES INC	$4,932,074	–	32,200	–	0.47%	–
MSFT	New	MICROSOFT CORP	$4,048,680	–	11,889	–	0.39%	–
VHT	New	VANGUARD HEALTH CARE ETF	$4,001,093	–	16,343	–	0.38%	–
FTV	New	FORTIVE CORP	$3,822,018	–	51,117	–	0.37%	–
XOM	New	EXXON MOBIL CORP	$3,787,212	–	35,312	–	0.36%	–
USB	New	US BANCORP	$3,719,313	–	112,570	–	0.36%	–
ABT	New	ABBOTT LABORATORIES	$3,583,487	–	32,870	–	0.34%	–
ECL	New	ECOLAB INC	$3,042,300	–	16,296	–	0.29%	–
CI	New	CIGNA CORP	$2,500,427	–	8,911	–	0.24%	–
BABA	New	ALIBABA GROUP HLDG LTD	$2,344,719	–	28,131	–	0.22%	–
ADP	New	AUTOMATIC DATA PROCESSING INC	$2,285,816	–	10,400	–	0.22%	–
JKHY	New	JACK HENRY AND ASSOCIATES INC	$2,184,493	–	13,055	–	0.21%	–
WAT	New	WATERS CORPORATION	$1,669,873	–	6,265	–	0.16%	–
MDLZ	New	MONDELEZ INTERNATIONAL INC	$1,524,300	–	20,898	–	0.15%	–
MRK	New	MERCK AND CO INC	$1,372,449	–	11,894	–	0.13%	–
VRSN	New	VERISIGN INC	$1,333,449	–	5,901	–	0.13%	–
VNT	New	VONTIER CORP	$1,264,790	–	39,267	–	0.12%	–
	New	BROOKFIELD CORP	$1,145,883	–	34,053	–	0.11%	–
TDG	New	TRANSDIGM GROUP INC	$947,820	–	1,060	–	0.09%	–
TRMB	New	TRIMBLE INC	$938,520	–	17,728	–	0.09%	–
WOPEY	New	WOODSIDE ENERGY GROUP LTD	$820,485	–	35,381	–	0.08%	–
COST	New	COSTCO WHOLESALE CORP	$753,732	–	1,400	–	0.07%	–
NTR	New	NUTRIEN LTD	$637,740	–	10,800	–	0.06%	–
WFC	New	WELLS FARGO AND CO	$453,731	–	10,631	–	0.04%	–
PFE	New	PFIZER INC	$391,376	–	10,670	–	0.04%	–
HII	New	HUNTINGTON INGALLS INDUSTRIE	$250,360	–	1,100	–	0.02%	–
FONR	New	FONAR CORP	$242,102	–	14,158	–	0.02%	–
IBB	New	ISHARES BIOTECHNOLOGY ETF	$174,316	–	1,373	–	0.02%	–
RPRX	New	ROYALTY PHARMA PLC	$68,243	–	2,220	–	0.01%	–
GNTX	New	GENTEX CORP	$59,105	–	2,020	–	0.01%	–
OGN	New	ORGANON AND CO	$12,465	–	599	–	0.00%	–

Q4 2022

			Value		Shares		↓ Weighting
OGN	Exit	ORGANON AND CO	$0	–	-599	–	-0.00%	–
RPRX	Exit	ROYALTY PHARMA PLC	$0	–	-390	–	-0.00%	–
GNTX	Exit	GENTEX CORP	$0	–	-2,020	–	-0.01%	–
IBB	Exit	ISHARES BIOTECHNOLOGY ETF	$0	–	-1,373	–	-0.02%	–
FONR	Exit	FONAR CORP	$0	–	-14,158	–	-0.02%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-961	–	-0.03%	–
HII	Exit	HUNTINGTON INGALLS INDUSTRIE	$0	–	-1,100	–	-0.03%	–
WFC	Exit	WELLS FARGO AND CO	$0	–	-10,631	–	-0.05%	–
PFE	Exit	PFIZER INC	$0	–	-10,670	–	-0.06%	–
VNT	Exit	VONTIER CORP	$0	–	-39,267	–	-0.08%	–
COST	Exit	COSTCO WHOLESALE CORP	$0	–	-1,400	–	-0.08%	–
WOPEY	Exit	WOODSIDE ENERGY GROUP LTD	$0	–	-35,381	–	-0.09%	–
NTR	Exit	NUTRIEN LTD	$0	–	-10,800	–	-0.11%	–
MRK	Exit	MERCK AND CO INC	$0	–	-11,894	–	-0.12%	–
VRSN	Exit	VERISIGN INC	$0	–	-5,901	–	-0.12%	–
MDLZ	Exit	MONDELEZ INTERNATIONAL INC	$0	–	-20,898	–	-0.14%	–
JKHY	Exit	JACK HENRY AND ASSOCIATES INC	$0	–	-8,639	–	-0.19%	–
WAT	Exit	WATERS CORPORATION	$0	–	-6,265	–	-0.21%	–
CI	Exit	CIGNA CORP	$0	–	-6,440	–	-0.22%	–
BABA	Exit	ALIBABA GROUP HLDG LTD	$0	–	-28,131	–	-0.27%	–
ECL	Exit	ECOLAB INC	$0	–	-16,296	–	-0.29%	–
ADP	Exit	AUTOMATIC DATA PROCESSING INC	$0	–	-10,400	–	-0.29%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-31,912	–	-0.34%	–
BRKB	Exit	BERKSHIRE HATHAWAY INC-CL B	$0	–	-10,534	–	-0.34%	–
FTV	Exit	FORTIVE CORP	$0	–	-51,117	–	-0.36%	–
ABT	Exit	ABBOTT LABORATORIES	$0	–	-32,870	–	-0.39%	–
VHT	Exit	VANGUARD HEALTH CARE ETF	$0	–	-16,343	–	-0.45%	–
AME	Exit	AMETEK INC	$0	–	-33,288	–	-0.46%	–
ISRG	Exit	INTUITIVE SURGICAL INC	$0	–	-22,325	–	-0.51%	–
RSG	Exit	REPUBLIC SERVICES INC	$0	–	-32,200	–	-0.53%	–
PG	Exit	PROCTER AND GAMBLE CO/THE	$0	–	-35,131	–	-0.54%	–
USB	Exit	US BANCORP	$0	–	-112,570	–	-0.55%	–
ROP	Exit	ROPER TECHNOLOGIES INC	$0	–	-15,600	–	-0.68%	–
BMY	Exit	BRISTOL-MYERS SQUIBB CO	$0	–	-81,141	–	-0.70%	–
BHP	Exit	BHP GROUP LTD-SPON ADR	$0	–	-119,021	–	-0.73%	–
NVO	Exit	NOVO NORDISK AS	$0	–	-62,970	–	-0.76%	–
AMGN	Exit	AMGEN INC	$0	–	-30,362	–	-0.83%	–
LIN	Exit	LINDE PLC	$0	–	-25,500	–	-0.84%	–
BK	Exit	BANK OF NEW YORK MELLON CORP	$0	–	-193,812	–	-0.91%	–
MCO	Exit	MOODY'S CORP	$0	–	-31,689	–	-0.94%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-144,952	–	-1.43%	–
PSX	Exit	PHILLIPS 66	$0	–	-147,638	–	-1.45%	–
LMT	Exit	LOCKHEED MARTIN CORP	$0	–	-31,029	–	-1.46%	–
AAPL	Exit	APPLE INC	$0	–	-94,155	–	-1.59%	–
ABBV	Exit	ABBVIE INC	$0	–	-110,077	–	-1.80%	–
DHR	Exit	DANAHER CORP	$0	–	-61,769	–	-1.94%	–
V	Exit	VISA INC	$0	–	-93,441	–	-2.02%	–
MO	Exit	ALTRIA GROUP INC	$0	–	-465,176	–	-2.29%	–
MMM	Exit	3M CO	$0	–	-185,170	–	-2.49%	–
VOO	Exit	VANGUARD S AND P 500 ETF	$0	–	-70,238	–	-2.81%	–
JNJ	Exit	JOHNSON AND JOHNSON	$0	–	-143,133	–	-2.85%	–
GOOGL	Exit	ALPHABET INC	$0	–	-746,340	–	-8.70%	–
BRKA	Exit	BERKSHIRE HATHAWAY INC-CL A	$0	–	-1,127	–	-55.85%	–

Q3 2022

			Value		Shares		↓ Weighting
BRKA	Buy	BERKSHIRE HATHAWAY INC-CL A	$458,092,000	-0.5%	1,127	+0.1%	55.85%	-8.1%
GOOGL	Buy	ALPHABET INC	$71,387,000	+2056.7%	746,340	+2356.8%	8.70%	+1891.5%
JNJ	Buy	JOHNSON AND JOHNSON	$23,382,000	+1.4%	143,133	+10.1%	2.85%	-6.3%
VOO	Buy	VANGUARD S AND P 500 ETF	$23,059,000	+20.3%	70,238	+27.1%	2.81%	+11.2%
MMM	Buy	3M CO	$20,461,000	-13.2%	185,170	+1.7%	2.49%	-19.8%
V	Buy	VISA INC	$16,600,000	-8.6%	93,441	+1.3%	2.02%	-15.5%
LMT	Buy	LOCKHEED MARTIN CORP	$11,986,000	-5.8%	31,029	+4.8%	1.46%	-13.0%
AMGN	Buy	AMGEN INC	$6,844,000	+26.2%	30,362	+36.3%	0.83%	+16.6%
AME	Buy	AMETEK INC	$3,775,000	+442.4%	33,288	+425.3%	0.46%	+400.0%
VHT	Buy	VANGUARD HEALTH CARE ETF	$3,656,000	+0.6%	16,343	+5.9%	0.45%	-7.1%
BRKB	Buy	BERKSHIRE HATHAWAY INC-CL B	$2,813,000	+162.2%	10,534	+168.1%	0.34%	+141.5%
XOM	Buy	EXXON MOBIL CORP	$2,786,000	+61.6%	31,912	+58.5%	0.34%	+49.8%
CI	Buy	CIGNA CORP	$1,787,000	+137.9%	6,440	+126.0%	0.22%	+120.2%
WAT	Buy	WATERS CORPORATION	$1,689,000	+2.1%	6,265	+25.3%	0.21%	-5.5%
MRK	Buy	MERCK AND CO INC	$1,024,000	+20.2%	11,894	+27.3%	0.12%	+11.6%
VRSN	New	VERISIGN INC	$1,025,000	–	5,901	–	0.12%	–
ERUS	Exit	ISHARES MSCI RUSSIA ETF	$0	–	-19,245	–	-0.02%	–
CDK	Exit	CDK GLOBAL INC	$0	–	-3,466	–	-0.02%	–

Q2 2022

			Value		Shares		↓ Weighting
BRKA	New	BERKSHIRE HATHAWAY INC-CL A	$460,478,000	–	1,126	–	60.76%	–
MMM	New	3M CO	$23,565,000	–	182,095	–	3.11%	–
JNJ	New	JOHNSON AND JOHNSON	$23,067,000	–	129,949	–	3.04%	–
MO	New	ALTRIA GROUP INC	$19,430,000	–	465,176	–	2.56%	–
VOO	New	VANGUARD S AND P 500 ETF	$19,165,000	–	55,250	–	2.53%	–
V	New	VISA INC	$18,161,000	–	92,239	–	2.40%	–
ABBV	New	ABBVIE INC	$16,859,000	–	110,077	–	2.22%	–
DHR	New	DANAHER CORPORATION	$15,660,000	–	61,769	–	2.07%	–
MDT	New	MEDTRONIC PLC	$13,009,000	–	144,952	–	1.72%	–
AAPL	New	APPLE INC	$12,873,000	–	94,155	–	1.70%	–
LMT	New	LOCKHEED MARTIN CORP	$12,725,000	–	29,595	–	1.68%	–
PSX	New	PHILLIPS 66	$12,105,000	–	147,638	–	1.60%	–
MCO	New	MOODY'S CORP	$8,618,000	–	31,689	–	1.14%	–
BK	New	BANK OF NEW YORK MELLON CORP	$8,084,000	–	193,812	–	1.07%	–
LIN	New	LINDE PLC	$7,332,000	–	25,500	–	0.97%	–
NVO	New	NOVO NORDISK AS	$7,017,000	–	62,970	–	0.93%	–
BHP	New	BHP GROUP LTD-SPON ADR	$6,687,000	–	119,021	–	0.88%	–
BMY	New	BRISTOL-MYERS SQUIBB CO	$6,248,000	–	81,141	–	0.82%	–
ROP	New	ROPER TECHNOLOGIES INC	$6,157,000	–	15,600	–	0.81%	–
AMGN	New	AMGEN INC	$5,422,000	–	22,284	–	0.72%	–
USB	New	US BANCORP	$5,180,000	–	112,570	–	0.68%	–
PG	New	PROCTER AND GAMBLE CO/THE	$5,051,000	–	35,131	–	0.67%	–
ISRG	New	INTUITIVE SURGICAL INC	$4,481,000	–	22,325	–	0.59%	–
RSG	New	REPUBLIC SERVICES INC	$4,214,000	–	32,200	–	0.56%	–
VHT	New	VANGUARD HEALTH CARE ETF	$3,634,000	–	15,431	–	0.48%	–
ABT	New	ABBOTT LABORATORIES	$3,571,000	–	32,870	–	0.47%	–
GOOGL	New	ALPHABET INC	$3,310,000	–	30,379	–	0.44%	–
BABA	New	ALIBABA GROUP HLDG LTD	$3,198,000	–	28,131	–	0.42%	–
FTV	New	FORTIVE CORP	$2,780,000	–	51,117	–	0.37%	–
ECL	New	ECOLAB INC	$2,506,000	–	16,296	–	0.33%	–
ADP	New	AUTOMATIC DATA PROCESSING INC	$2,184,000	–	10,400	–	0.29%	–
XOM	New	EXXON MOBIL CORP	$1,724,000	–	20,130	–	0.23%	–
WAT	New	WATERS CORPORATION	$1,655,000	–	5,000	–	0.22%	–
JKHY	New	JACK HENRY AND ASSOCIATES INC	$1,555,000	–	8,639	–	0.20%	–
MDLZ	New	MONDELEZ INTERNATIONAL INC	$1,298,000	–	20,898	–	0.17%	–
BRKB	New	BERKSHIRE HATHAWAY INC-CL B	$1,073,000	–	3,929	–	0.14%	–
VNT	New	VONTIER CORP	$903,000	–	39,267	–	0.12%	–
NTR	New	NUTRIEN LTD	$861,000	–	10,800	–	0.11%	–
MRK	New	MERCK AND CO INC	$852,000	–	9,344	–	0.11%	–
WOPEY	New	WOODSIDE ENERGY GROUP LTD	$763,000	–	35,381	–	0.10%	–
CI	New	CIGNA CORP	$751,000	–	2,849	–	0.10%	–
AME	New	AMETEK INC	$696,000	–	6,337	–	0.09%	–
COST	New	COSTCO WHOLESALE CORP	$671,000	–	1,400	–	0.09%	–
PFE	New	PFIZER INC	$559,000	–	10,670	–	0.07%	–
WFC	New	WELLS FARGO AND CO	$416,000	–	10,631	–	0.06%	–
MSFT	New	MICROSOFT CORP	$247,000	–	961	–	0.03%	–
HII	New	HUNTINGTON INGALLS INDUSTRIE	$240,000	–	1,100	–	0.03%	–
FONR	New	FONAR CORP	$215,000	–	14,158	–	0.03%	–
CDK	New	CDK GLOBAL INC	$190,000	–	3,466	–	0.02%	–
IBB	New	ISHARES BIOTECHNOLOGY ETF	$162,000	–	1,373	–	0.02%	–
ERUS	New	ISHARES MSCI RUSSIA ETF	$155,000	–	19,245	–	0.02%	–
GNTX	New	GENTEX CORP	$56,000	–	2,020	–	0.01%	–
OGN	New	ORGANON AND CO	$20,000	–	599	–	0.00%	–
RPRX	New	ROYALTY PHARMA PLC	$16,000	–	390	–	0.00%	–

Q3 2021

			Value		Shares		↓ Weighting
AMNF	Exit	ARMANINO FOODS OF DISTINCT	$0	–	-500	–	0.00%	–
GNTX	Exit	GENTEX CORP	$0	–	-2,020	–	-0.01%	–
CDK	Exit	CDK GLOBAL INC	$0	–	-3,466	–	-0.02%	–
BABA	Exit	ALIBABA GROUP HLDG LTD	$0	–	-836	–	-0.02%	–
HII	Exit	HUNTINGTON INGALLS INDUSTRIE	$0	–	-1,100	–	-0.03%	–
FONR	Exit	FONAR CORP	$0	–	-14,158	–	-0.03%	–
SYF	Exit	SYNCHRONY FINANCIAL	$0	–	-7,300	–	-0.04%	–
MRK	Exit	MERCK AND CO INC	$0	–	-5,990	–	-0.06%	–
BMY	Exit	BRISTOL-MYERS SQUIBB CO	$0	–	-7,120	–	-0.06%	–
COST	Exit	COSTCO WHOLESALE CORP	$0	–	-1,400	–	-0.07%	–
VHT	Exit	VANGUARD HEALTH CARE ETF	$0	–	-2,614	–	-0.08%	–
NTR	Exit	NUTRIEN LTD	$0	–	-10,800	–	-0.08%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-11,060	–	-0.09%	–
VNT	Exit	VONTIER CORP	$0	–	-33,736	–	-0.14%	–
JKHY	Exit	JACK HENRY AND ASSOCIATES INC	$0	–	-6,900	–	-0.14%	–
MDLZ	Exit	MONDELEZ INTERNATIONAL INC	$0	–	-20,898	–	-0.16%	–
WAT	Exit	WATERS CORPORATION	$0	–	-5,000	–	-0.21%	–
ADP	Exit	AUTOMATIC DATA PROCESSING INC	$0	–	-10,400	–	-0.25%	–
ECL	Exit	ECOLAB INC	$0	–	-16,296	–	-0.41%	–
RSG	Exit	REPUBLIC SERVICES INC	$0	–	-32,200	–	-0.43%	–
FTV	Exit	FORTIVE CORP	$0	–	-51,117	–	-0.44%	–
ABT	Exit	ABBOTT LABORATORIES	$0	–	-32,870	–	-0.47%	–
NSRGY	Exit	NESTLE SA	$0	–	-31,933	–	-0.49%	–
PG	Exit	PROCTER AND GAMBLE CO/THE	$0	–	-37,800	–	-0.63%	–
NVO	Exit	NOVO NORDISK AS	$0	–	-62,970	–	-0.65%	–
USB	Exit	US BANCORP	$0	–	-112,570	–	-0.79%	–
PSX	Exit	PHILLIPS 66	$0	–	-81,844	–	-0.86%	–
BBL	Exit	BHP BILLITON PLC ADR	$0	–	-119,021	–	-0.87%	–
ROP	Exit	ROPER TECHNOLOGIES INC	$0	–	-15,600	–	-0.90%	–
LIN	Exit	LINDE PLC	$0	–	-25,500	–	-0.90%	–
ISRG	Exit	INTUITIVE SURGICALINC	$0	–	-9,453	–	-1.07%	–
MCO	Exit	MOODY'S CORP	$0	–	-29,980	–	-1.33%	–
MO	Exit	ALTRIA GROUP INC	$0	–	-244,910	–	-1.43%	–
ABBV	Exit	ABBVIE INC	$0	–	-112,119	–	-1.55%	–
WFC	Exit	WELLS FARGO AND CO	$0	–	-318,338	–	-1.77%	–
BK	Exit	BANK OF NEW YORK MELLON CORP	$0	–	-283,526	–	-1.78%	–
AAPL	Exit	APPLE INC	$0	–	-109,810	–	-1.84%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-139,997	–	-2.13%	–
DHR	Exit	DANAHER CORPORATION	$0	–	-65,135	–	-2.14%	–
JNJ	Exit	JOHNSON AND JOHNSON	$0	–	-120,460	–	-2.43%	–
VOO	Exit	VANGUARD S AND P 500 ETF	$0	–	-55,250	–	-2.67%	–
V	Exit	VISA INC	$0	–	-101,598	–	-2.91%	–
MMM	Exit	3M CO	$0	–	-163,669	–	-3.99%	–
GOOGL	Exit	ALPHABET INC	$0	–	-27,795	–	-8.32%	–
BRKA	Exit	BERKSHIRE HATHAWAY INC	$0	–	-1,077	–	-55.30%	–

Q2 2021

			Value		Shares		↓ Weighting
BRKA	New	BERKSHIRE HATHAWAY INC	$450,833,000	–	1,077	–	55.30%	–
GOOGL	New	ALPHABET INC	$67,870,000	–	27,795	–	8.32%	–
MMM	New	3M CO	$32,510,000	–	163,669	–	3.99%	–
V	New	VISA INC	$23,756,000	–	101,598	–	2.91%	–
VOO	New	VANGUARD S AND P 500 ETF	$21,742,000	–	55,250	–	2.67%	–
JNJ	New	JOHNSON AND JOHNSON	$19,845,000	–	120,460	–	2.43%	–
DHR	New	DANAHER CORPORATION	$17,480,000	–	65,135	–	2.14%	–
MDT	New	MEDTRONIC PLC	$17,378,000	–	139,997	–	2.13%	–
AAPL	New	APPLE INC	$15,040,000	–	109,810	–	1.84%	–
BK	New	BANK OF NEW YORK MELLON CORP	$14,525,000	–	283,526	–	1.78%	–
WFC	New	WELLS FARGO AND CO	$14,418,000	–	318,338	–	1.77%	–
ABBV	New	ABBVIE INC	$12,629,000	–	112,119	–	1.55%	–
MO	New	ALTRIA GROUP INC	$11,677,000	–	244,910	–	1.43%	–
MCO	New	MOODY'S CORP	$10,864,000	–	29,980	–	1.33%	–
ISRG	New	INTUITIVE SURGICALINC	$8,693,000	–	9,453	–	1.07%	–
LIN	New	LINDE PLC	$7,372,000	–	25,500	–	0.90%	–
ROP	New	ROPER TECHNOLOGIES INC	$7,335,000	–	15,600	–	0.90%	–
BBL	New	BHP BILLITON PLC ADR	$7,104,000	–	119,021	–	0.87%	–
PSX	New	PHILLIPS 66	$7,024,000	–	81,844	–	0.86%	–
USB	New	US BANCORP	$6,413,000	–	112,570	–	0.79%	–
NVO	New	NOVO NORDISK AS	$5,275,000	–	62,970	–	0.65%	–
PG	New	PROCTER AND GAMBLE CO/THE	$5,100,000	–	37,800	–	0.63%	–
NSRGY	New	NESTLE SA	$3,983,000	–	31,933	–	0.49%	–
ABT	New	ABBOTT LABORATORIES	$3,811,000	–	32,870	–	0.47%	–
FTV	New	FORTIVE CORP	$3,565,000	–	51,117	–	0.44%	–
RSG	New	REPUBLIC SERVICES INC	$3,542,000	–	32,200	–	0.43%	–
ECL	New	ECOLAB INC	$3,356,000	–	16,296	–	0.41%	–
ADP	New	AUTOMATIC DATA PROCESSING INC	$2,066,000	–	10,400	–	0.25%	–
WAT	New	WATERS CORPORATION	$1,728,000	–	5,000	–	0.21%	–
MDLZ	New	MONDELEZ INTERNATIONAL INC	$1,305,000	–	20,898	–	0.16%	–
JKHY	New	JACK HENRY AND ASSOCIATES INC	$1,128,000	–	6,900	–	0.14%	–
VNT	New	VONTIER CORP	$1,099,000	–	33,736	–	0.14%	–
XOM	New	EXXON MOBIL CORP	$698,000	–	11,060	–	0.09%	–
NTR	New	NUTRIEN LTD	$655,000	–	10,800	–	0.08%	–
VHT	New	VANGUARD HEALTH CARE ETF	$646,000	–	2,614	–	0.08%	–
COST	New	COSTCO WHOLESALE CORP	$554,000	–	1,400	–	0.07%	–
BMY	New	BRISTOL-MYERS SQUIBB CO	$476,000	–	7,120	–	0.06%	–
MRK	New	MERCK AND CO INC	$466,000	–	5,990	–	0.06%	–
SYF	New	SYNCHRONY FINANCIAL	$354,000	–	7,300	–	0.04%	–
FONR	New	FONAR CORP	$250,000	–	14,158	–	0.03%	–
HII	New	HUNTINGTON INGALLS INDUSTRIE	$232,000	–	1,100	–	0.03%	–
BABA	New	ALIBABA GROUP HLDG LTD	$190,000	–	836	–	0.02%	–
CDK	New	CDK GLOBAL INC	$172,000	–	3,466	–	0.02%	–
GNTX	New	GENTEX CORP	$67,000	–	2,020	–	0.01%	–
AMNF	New	ARMANINO FOODS OF DISTINCT	$2,000	–	500	–	0.00%	–

Q4 2020

			Value		Shares		↓ Weighting
GNTX	Exit	GENTEX CORP	$0	–	-2,020	–	-0.01%	–
IEHC	Exit	IEH CORP	$0	–	-5,929	–	-0.02%	–
CDK	Exit	CDK GLOBAL INC	$0	–	-3,466	–	-0.02%	–
SYF	Exit	SYNCHRONY FINANCIAL	$0	–	-7,300	–	-0.03%	–
FONR	Exit	FONAR CORP	$0	–	-14,158	–	-0.05%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-11,060	–	-0.06%	–
NTR	Exit	NUTRIEN LTD	$0	–	-10,800	–	-0.07%	–
COST	Exit	COSTCO WHOLESALE CORP	$0	–	-1,400	–	-0.08%	–
WAT	Exit	WATERS CORPORATION	$0	–	-5,000	–	-0.16%	–
JKHY	Exit	JACK HENRY AND ASSOCIATES INC	$0	–	-6,900	–	-0.19%	–
MDLZ	Exit	MONDELEZ INTERNATIONAL INC	$0	–	-20,898	–	-0.20%	–
ADP	Exit	AUTOMATIC DATA PROCESSING INC	$0	–	-10,400	–	-0.24%	–
USB	Exit	US BANCORP	$0	–	-76,320	–	-0.46%	–
RSG	Exit	REPUBLIC SERVICES INC	$0	–	-32,200	–	-0.50%	–
FTV	Exit	FORTIVE CORP	$0	–	-51,117	–	-0.55%	–
ECL	Exit	ECOLAB INC	$0	–	-16,296	–	-0.55%	–
ABT	Exit	ABBOTT LABORATORIES	$0	–	-32,870	–	-0.60%	–
NSRGY	Exit	NESTLE SA	$0	–	-31,933	–	-0.64%	–
PSX	Exit	PHILLIPS 66	$0	–	-81,844	–	-0.71%	–
NVO	Exit	NOVO NORDISK AS	$0	–	-62,970	–	-0.74%	–
MO	Exit	ALTRIA GROUP INC	$0	–	-129,600	–	-0.84%	–
BBL	Exit	BHP BILLITON PLC ADR	$0	–	-119,021	–	-0.85%	–
PG	Exit	PROCTER AND GAMBLE CO/THE	$0	–	-37,800	–	-0.88%	–
ROP	Exit	ROPER TECHNOLOGIES INC	$0	–	-15,600	–	-1.04%	–
LIN	Exit	LINDE PLC	$0	–	-28,600	–	-1.14%	–
ISRG	Exit	INTUITIVE SURGICALINC	$0	–	-11,340	–	-1.35%	–
MCO	Exit	MOODY'S CORP	$0	–	-29,980	–	-1.46%	–
BK	Exit	BANK OF NEW YORK MELLON CORP	$0	–	-283,526	–	-1.64%	–
VOO	Exit	VANGUARD S AND P 500 ETF	$0	–	-45,059	–	-2.33%	–
DHR	Exit	DANAHER CORPORATION	$0	–	-65,135	–	-2.36%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-139,997	–	-2.44%	–
AAPL	Exit	APPLE INC	$0	–	-132,580	–	-2.58%	–
JNJ	Exit	JOHNSON AND JOHNSON	$0	–	-112,260	–	-2.81%	–
V	Exit	VISA INC	$0	–	-101,598	–	-3.41%	–
WFC	Exit	WELLS FARGO AND CO	$0	–	-982,642	–	-3.88%	–
MMM	Exit	3M CO	$0	–	-163,669	–	-4.40%	–
GOOGL	Exit	ALPHABET INC	$0	–	-25,647	–	-6.32%	–
BRKA	Exit	BERKSHIRE HATHAWAY INC	$0	–	-1,011	–	-54.36%	–

Q3 2020

			Value		Shares		↓ Weighting
BRKA	Buy	BERKSHIRE HATHAWAY INC	$323,521,000	+23.0%	1,011	+2.7%	54.36%	+7.1%
WFC	Buy	WELLS FARGO AND CO	$23,102,000	-4.3%	982,642	+4.2%	3.88%	-16.7%
AAPL	Buy	APPLE INC	$15,354,000	+27.0%	132,580	+300.0%	2.58%	+10.6%
VOO	Buy	VANGUARD S AND P 500 ETF	$13,862,000	+16.3%	45,059	+7.2%	2.33%	+1.3%
BK	Buy	BANK OF NEW YORK MELLON CORP	$9,736,000	+8.9%	283,526	+22.6%	1.64%	-5.2%
MO	Buy	ALTRIA GROUP INC	$5,008,000	+8.7%	129,600	+10.4%	0.84%	-5.4%

Q2 2020

			Value		Shares		↓ Weighting
BRKA	New	BERKSHIRE HATHAWAY INC	$263,023,000	–	984	–	50.76%	–
GOOGL	New	ALPHABET INC	$36,369,000	–	25,647	–	7.02%	–
MMM	New	3M CO	$25,531,000	–	163,669	–	4.93%	–
WFC	New	WELLS FARGO AND CO	$24,146,000	–	943,202	–	4.66%	–
V	New	VISA INC	$19,626,000	–	101,598	–	3.79%	–
JNJ	New	JOHNSON AND JOHNSON	$15,787,000	–	112,260	–	3.05%	–
MDT	New	MEDTRONIC PLC	$12,838,000	–	139,997	–	2.48%	–
AAPL	New	APPLE INC	$12,091,000	–	33,145	–	2.33%	–
VOO	New	VANGUARD S AND P 500 ETF	$11,915,000	–	42,039	–	2.30%	–
DHR	New	DANAHER CORPORATION	$11,518,000	–	65,135	–	2.22%	–
BK	New	BANK OF NEW YORK MELLON CORP	$8,938,000	–	231,266	–	1.72%	–
MCO	New	MOODY'S CORP	$8,236,000	–	29,980	–	1.59%	–
ISRG	New	INTUITIVE SURGICALINC	$6,462,000	–	11,340	–	1.25%	–
LIN	New	LINDE PLC	$6,066,000	–	28,600	–	1.17%	–
ROP	New	ROPER TECHNOLOGIES INC	$6,057,000	–	15,600	–	1.17%	–
PSX	New	PHILLIPS 66	$5,885,000	–	81,844	–	1.14%	–
BBL	New	BHP BILLITON PLC ADR	$4,898,000	–	119,021	–	0.94%	–
MO	New	ALTRIA GROUP INC	$4,609,000	–	117,420	–	0.89%	–
PG	New	PROCTER AND GAMBLE CO/THE	$4,520,000	–	37,800	–	0.87%	–
NVO	New	NOVO NORDISK AS	$4,123,000	–	62,970	–	0.80%	–
NSRGY	New	NESTLE SA	$3,527,000	–	31,933	–	0.68%	–
FTV	New	FORTIVE CORP	$3,459,000	–	51,117	–	0.67%	–
ECL	New	ECOLAB INC	$3,242,000	–	16,296	–	0.63%	–
ABT	New	ABBOTT LABORATORIES	$3,005,000	–	32,870	–	0.58%	–
USB	New	US BANCORP	$2,810,000	–	76,320	–	0.54%	–
RSG	New	REPUBLIC SERVICES INC	$2,642,000	–	32,200	–	0.51%	–
ADP	New	AUTOMATIC DATA PROCESSING INC	$1,548,000	–	10,400	–	0.30%	–
JKHY	New	JACK HENRY AND ASSOCIATES INC	$1,270,000	–	6,900	–	0.24%	–
MDLZ	New	MONDELEZ INTERNATIONAL INC	$1,069,000	–	20,898	–	0.21%	–
WAT	New	WATERS CORPORATION	$902,000	–	5,000	–	0.17%	–
XOM	New	EXXON MOBIL CORP	$495,000	–	11,060	–	0.10%	–
COST	New	COSTCO WHOLESALE CORP	$424,000	–	1,400	–	0.08%	–
NTR	New	NUTRIEN LTD	$347,000	–	10,800	–	0.07%	–
FONR	New	FONAR CORP	$303,000	–	14,158	–	0.06%	–
SYF	New	SYNCHRONY FINANCIAL	$162,000	–	7,300	–	0.03%	–
CDK	New	CDK GLOBAL INC	$144,000	–	3,466	–	0.03%	–
IEHC	New	IEH CORP	$116,000	–	5,929	–	0.02%	–
GNTX	New	GENTEX CORP	$52,000	–	2,020	–	0.01%	–

Q4 2019

			Value		Shares		↓ Weighting
PINC	Exit	PREMIER INC CLASS A	$0	–	-1,310	–	-0.01%	–
GNTX	Exit	GENTEX CORP	$0	–	-2,020	–	-0.01%	–
OBCI	Exit	OCEAN BIO CHEM INC	$0	–	-47,415	–	-0.03%	–
CDK	Exit	CDK GLOBAL INC	$0	–	-3,466	–	-0.04%	–
CAH	Exit	CARDINAL HEALTH INC	$0	–	-4,018	–	-0.04%	–
IEHC	Exit	IEH CORP	$0	–	-9,983	–	-0.04%	–
ERUS	Exit	ISHARES MSCI RUSSIA ETF	$0	–	-5,380	–	-0.04%	–
HDV	Exit	ISHARES CORE HIGH DIVIDEND E	$0	–	-2,420	–	-0.05%	–
FONR	Exit	FONAR CORP	$0	–	-14,158	–	-0.06%	–
ABC	Exit	AMERISOURCEBERGEN CORP	$0	–	-4,830	–	-0.08%	–
COST	Exit	COSTCO WHOLESALE CORP	$0	–	-1,400	–	-0.08%	–
MCK	Exit	MCKESSON CORP	$0	–	-3,100	–	-0.09%	–
IBB	Exit	ISHARES NASDAQ BIOTECHNOLOGY	$0	–	-4,380	–	-0.09%	–
EWH	Exit	ISHARES MSCI HONG KONG ETF	$0	–	-19,800	–	-0.09%	–
VWO	Exit	VANGUARD FTSE EMERGING MARKE	$0	–	-13,294	–	-0.11%	–
NTR	Exit	NUTRIEN LTD	$0	–	-10,800	–	-0.11%	–
IDCC	Exit	INTERDIGITAL INC	$0	–	-11,730	–	-0.13%	–
JKHY	Exit	JACK HENRY AND ASSOCIATES INC	$0	–	-6,900	–	-0.21%	–
WAT	Exit	WATERS CORPORATION	$0	–	-5,000	–	-0.23%	–
VB	Exit	VANGUARD SMALL-CAP ETF	$0	–	-7,440	–	-0.24%	–
MDLZ	Exit	MONDELEZ INTERNATIONAL INC	$0	–	-20,898	–	-0.24%	–
EWY	Exit	ISHARES MSCI SOUTH KOREA ETF	$0	–	-26,260	–	-0.31%	–
USB	Exit	US BANCORP	$0	–	-27,200	–	-0.31%	–
VHT	Exit	VANGUARD HEALTH CARE ETF	$0	–	-9,700	–	-0.34%	–
ADP	Exit	AUTOMATIC DATA PROCESSING INC	$0	–	-10,400	–	-0.35%	–
ASHR	Exit	X-TRACKERS HARVEST CSI 300 CHINA-A SHARES ETF	$0	–	-71,520	–	-0.40%	–
VDC	Exit	VANGUARD CONSUMER STAPLE ETF	$0	–	-13,660	–	-0.44%	–
ABT	Exit	ABBOTT LABORATORIES	$0	–	-32,870	–	-0.57%	–
RSG	Exit	REPUBLIC SERVICES INC	$0	–	-32,200	–	-0.58%	–
ECL	Exit	ECOLAB INC	$0	–	-16,296	–	-0.67%	–
NVO	Exit	NOVO NORDISK AS	$0	–	-62,970	–	-0.67%	–
NSRGY	Exit	NESTLE SA	$0	–	-31,933	–	-0.72%	–
FTV	Exit	FORTIVE CORP	$0	–	-51,117	–	-0.72%	–
MO	Exit	ALTRIA GROUP INC	$0	–	-96,420	–	-0.82%	–
BUD	Exit	ANHEUSER BUSCH INBEV ADR	$0	–	-53,335	–	-1.05%	–
BBL	Exit	BHP BILLITON PLC ADR	$0	–	-119,021	–	-1.05%	–
LIN	Exit	LINDE PLC	$0	–	-28,600	–	-1.14%	–
ROP	Exit	ROPER TECHNOLOGIES INC	$0	–	-15,600	–	-1.15%	–
ISRG	Exit	INTUITIVE SURGICALINC	$0	–	-11,340	–	-1.26%	–
MCO	Exit	MOODY'S CORP	$0	–	-29,980	–	-1.27%	–
AAPL	Exit	APPLE INC	$0	–	-33,145	–	-1.53%	–
PG	Exit	PROCTER AND GAMBLE CO/THE	$0	–	-59,670	–	-1.53%	–
GOOGL	Exit	ALPHABET INC	$0	–	-6,980	–	-1.76%	–
VOO	Exit	VANGUARD S AND P 500 ETF	$0	–	-32,805	–	-1.85%	–
DHR	Exit	DANAHER CORPORATION	$0	–	-65,135	–	-1.94%	–
BK	Exit	BANK OF NEW YORK MELLON CORP	$0	–	-231,266	–	-2.16%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-105,334	–	-2.36%	–
JNJ	Exit	JOHNSON AND JOHNSON	$0	–	-104,040	–	-2.78%	–
MMM	Exit	3M CO	$0	–	-102,100	–	-3.47%	–
V	Exit	VISA INC	$0	–	-101,598	–	-3.61%	–
WFC	Exit	WELLS FARGO AND CO	$0	–	-897,210	–	-9.35%	–
BRKA	Exit	BERKSHIRE HATHAWAY INC	$0	–	-804	–	-51.81%	–

Q3 2019

			Value		Shares		↓ Weighting
BRKA	Buy	BERKSHIRE HATHAWAY INC	$250,713,000	+5.0%	804	+7.2%	51.81%	-0.8%
WFC	Buy	WELLS FARGO AND CO	$45,255,000	+19.5%	897,210	+12.1%	9.35%	+12.9%
MMM	Buy	3M CO	$16,785,000	+22.4%	102,100	+29.1%	3.47%	+15.7%
JNJ	Buy	JOHNSON AND JOHNSON	$13,461,000	-0.5%	104,040	+7.1%	2.78%	-6.0%
MDT	Buy	MEDTRONIC PLC	$11,441,000	+22.3%	105,334	+9.7%	2.36%	+15.6%
VOO	Buy	VANGUARD S AND P 500 ETF	$8,943,000	+13.1%	32,805	+11.7%	1.85%	+6.9%
MO	Buy	ALTRIA GROUP INC	$3,944,000	+34.3%	96,420	+55.5%	0.82%	+26.9%
VHT	Buy	VANGUARD HEALTH CARE ETF	$1,626,000	+32.2%	9,700	+37.2%	0.34%	+24.9%
EWY	Buy	ISHARES MSCI SOUTH KOREA ETF	$1,479,000	+172.9%	26,260	+189.8%	0.31%	+157.1%
VB	Buy	VANGUARD SMALL-CAP ETF	$1,145,000	+61.7%	7,440	+64.6%	0.24%	+52.9%
EWH	New	ISHARES MSCI HONG KONG ETF	$449,000	–	19,800	–	0.09%	–
MKL	Exit	MARKEL CORP	$0	–	-170	–	-0.04%	–
WAB	Exit	WABTEC CORPORATION	$0	–	-24,115	–	-0.38%	–
CL	Exit	COLGATE PALMOLIVE CO	$0	–	-29,743	–	-0.47%	–

Q2 2019

			Value		Shares		↓ Weighting
BRKA	New	BERKSHIRE HATHAWAY INC	$238,763,000	–	750	–	52.20%	–
WFC	New	WELLS FARGO AND CO	$37,871,000	–	800,310	–	8.28%	–
V	New	VISA INC	$17,632,000	–	101,598	–	3.86%	–
MMM	New	3M CO	$13,713,000	–	79,110	–	3.00%	–
JNJ	New	JOHNSON AND JOHNSON	$13,531,000	–	97,153	–	2.96%	–
BK	New	BANK OF NEW YORK MELLON CORP	$10,210,000	–	231,266	–	2.23%	–
MDT	New	MEDTRONIC PLC	$9,353,000	–	96,040	–	2.04%	–
DHR	New	DANAHER CORPORATION	$9,309,000	–	65,135	–	2.04%	–
VOO	New	VANGUARD S AND P 500 ETF	$7,906,000	–	29,375	–	1.73%	–
GOOGL	New	ALPHABET INC	$7,558,000	–	6,980	–	1.65%	–
AAPL	New	APPLE INC	$6,560,000	–	33,145	–	1.43%	–
PG	New	PROCTER AND GAMBLE CO/THE	$6,543,000	–	59,670	–	1.43%	–
BBL	New	BHP BILLITON PLC ADR	$6,083,000	–	119,021	–	1.33%	–
ISRG	New	INTUITIVE SURGICALINC	$5,948,000	–	11,340	–	1.30%	–
MCO	New	MOODY'S CORP	$5,855,000	–	29,980	–	1.28%	–
LIN	New	LINDE PLC	$5,743,000	–	28,600	–	1.26%	–
ROP	New	ROPER TECHNOLOGIES INC	$5,714,000	–	15,600	–	1.25%	–
BUD	New	ANHEUSER BUSCH INBEV ADR	$4,721,000	–	53,335	–	1.03%	–
FTV	New	FORTIVE CORP	$4,167,000	–	51,117	–	0.91%	–
NSRGY	New	NESTLE SA	$3,302,000	–	31,933	–	0.72%	–
ECL	New	ECOLAB INC	$3,217,000	–	16,296	–	0.70%	–
NVO	New	NOVO NORDISK AS	$3,214,000	–	62,970	–	0.70%	–
MO	New	ALTRIA GROUP INC	$2,936,000	–	62,010	–	0.64%	–
RSG	New	REPUBLIC SERVICES INC	$2,790,000	–	32,200	–	0.61%	–
ABT	New	ABBOTT LABORATORIES	$2,764,000	–	32,870	–	0.60%	–
CL	New	COLGATE PALMOLIVE CO	$2,132,000	–	29,743	–	0.47%	–
VDC	New	VANGUARD CONSUMER STAPLE ETF	$2,032,000	–	13,660	–	0.44%	–
ASHR	New	X-TRACKERS HARVEST CSI 300 CHINA-A SHARES ETF	$2,014,000	–	71,520	–	0.44%	–
WAB	New	WABTEC CORPORATION	$1,730,000	–	24,115	–	0.38%	–
ADP	New	AUTOMATIC DATA PROCESSING INC	$1,719,000	–	10,400	–	0.38%	–
USB	New	US BANCORP	$1,425,000	–	27,200	–	0.31%	–
VHT	New	VANGUARD HEALTH CARE ETF	$1,230,000	–	7,070	–	0.27%	–
MDLZ	New	MONDELEZ INTERNATIONAL INC	$1,126,000	–	20,898	–	0.25%	–
WAT	New	WATERS CORPORATION	$1,076,000	–	5,000	–	0.24%	–
JKHY	New	JACK HENRY AND ASSOCIATES INC	$924,000	–	6,900	–	0.20%	–
IDCC	New	INTERDIGITAL INC	$755,000	–	11,730	–	0.16%	–
VB	New	VANGUARD SMALL-CAP ETF	$708,000	–	4,520	–	0.16%	–
NTR	New	NUTRIEN LTD	$577,000	–	10,800	–	0.13%	–
VWO	New	VANGUARD FTSE EMERGING MARKE	$565,000	–	13,294	–	0.12%	–
EWY	New	ISHARES MSCI SOUTH KOREA ETF	$542,000	–	9,060	–	0.12%	–
IBB	New	ISHARES NASDAQ BIOTECHNOLOGY	$478,000	–	4,380	–	0.10%	–
MCK	New	MCKESSON CORP	$417,000	–	3,100	–	0.09%	–
ABC	New	AMERISOURCEBERGEN CORP	$412,000	–	4,830	–	0.09%	–
COST	New	COSTCO WHOLESALE CORP	$370,000	–	1,400	–	0.08%	–
FONR	New	FONAR CORP	$305,000	–	14,158	–	0.07%	–
HDV	New	ISHARES CORE HIGH DIVIDEND E	$229,000	–	2,420	–	0.05%	–
ERUS	New	ISHARES MSCI RUSSIA ETF	$212,000	–	5,380	–	0.05%	–
CAH	New	CARDINAL HEALTH INC	$189,000	–	4,018	–	0.04%	–
MKL	New	MARKEL CORP	$185,000	–	170	–	0.04%	–
IEHC	New	IEH CORP	$170,000	–	9,983	–	0.04%	–
CDK	New	CDK GLOBAL INC	$171,000	–	3,466	–	0.04%	–
OBCI	New	OCEAN BIO CHEM INC	$156,000	–	47,415	–	0.03%	–
GNTX	New	GENTEX CORP	$50,000	–	2,020	–	0.01%	–
PINC	New	PREMIER INC CLASS A	$51,000	–	1,310	–	0.01%	–

Q4 2018

			Value		Shares		↓ Weighting
OBCI	Exit	OCEAN BIO CHEM INC	$0	–	-11,305	–	-0.01%	–
PINC	Exit	PREMIER INC CLASS A	$0	–	-1,310	–	-0.01%	–
IEHC	Exit	IEH CORP	$0	–	-8,483	–	-0.03%	–
CDK	Exit	CDK GLOBAL INC	$0	–	-3,466	–	-0.05%	–
CAH	Exit	CARDINAL HEALTH INC	$0	–	-4,018	–	-0.05%	–
VWO	Exit	VANGUARD FTSE EMERGING MARKE	$0	–	-6,452	–	-0.06%	–
COST	Exit	COSTCO WHOLESALE CORP	$0	–	-1,400	–	-0.08%	–
FONR	Exit	FONAR CORP	$0	–	-14,158	–	-0.08%	–
MCK	Exit	MCKESSON CORP	$0	–	-3,100	–	-0.10%	–
MO	Exit	ALTRIA GROUP INC	$0	–	-7,210	–	-0.10%	–
ABC	Exit	AMERISOURCEBERGEN CORP	$0	–	-4,830	–	-0.10%	–
IBB	Exit	ISHARES NASDAQ BIOTECHNOLOGY	$0	–	-4,380	–	-0.12%	–
NTR	Exit	NUTRIEN LTD	$0	–	-10,800	–	-0.14%	–
ASHR	Exit	X-TRACKERS HARVEST CSI 300 CHINA-A SHARES ETF	$0	–	-27,980	–	-0.16%	–
BK	Exit	BANK OF NEW YORK MELLON CORP	$0	–	-16,880	–	-0.20%	–
MDLZ	Exit	MONDELEZ INTERNATIONAL INC	$0	–	-20,898	–	-0.21%	–
IDCC	Exit	INTERDIGITAL INC	$0	–	-11,730	–	-0.22%	–
QCOM	Exit	QUALCOMM INC	$0	–	-13,303	–	-0.22%	–
WAT	Exit	WATERS CORPORATION	$0	–	-5,000	–	-0.23%	–
JKHY	Exit	JACK HENRY AND ASSOCIATES INC	$0	–	-6,900	–	-0.26%	–
USB	Exit	US BANCORP	$0	–	-27,200	–	-0.33%	–
ADP	Exit	AUTOMATIC DATA PROCESSING INC	$0	–	-10,400	–	-0.36%	–
NSRGY	Exit	NESTLE SA	$0	–	-21,060	–	-0.41%	–
AAPL	Exit	APPLE INC	$0	–	-7,975	–	-0.42%	–
VDC	Exit	VANGUARD CONSUMER STAPLE ETF	$0	–	-13,660	–	-0.45%	–
CL	Exit	COLGATE PALMOLIVE CO	$0	–	-29,743	–	-0.46%	–
WAB	Exit	WABTEC CORPORATION	$0	–	-22,100	–	-0.54%	–
RSG	Exit	REPUBLIC SERVICES INC	$0	–	-32,200	–	-0.54%	–
BUD	Exit	ANHEUSER BUSCH INBEV ADR	$0	–	-27,420	–	-0.56%	–
ABT	Exit	ABBOTT LABORATORIES	$0	–	-32,870	–	-0.56%	–
ECL	Exit	ECOLAB INC	$0	–	-16,296	–	-0.60%	–
VOO	Exit	VANGUARD S AND P 500 ETF	$0	–	-12,160	–	-0.76%	–
SNY	Exit	SANOFI	$0	–	-82,110	–	-0.85%	–
DVA	Exit	DAVITA HEALTHCARE PARTNERS INC	$0	–	-54,260	–	-0.90%	–
FTV	Exit	FORTIVE CORP	$0	–	-51,117	–	-1.00%	–
BBL	Exit	BHP BILLITON PLC ADR	$0	–	-97,900	–	-1.00%	–
PX	Exit	PRAXAIR INC	$0	–	-28,600	–	-1.07%	–
ROP	Exit	ROPER TECHNOLOGIES INC	$0	–	-15,600	–	-1.08%	–
PG	Exit	PROCTER AND GAMBLE CO/THE	$0	–	-59,670	–	-1.16%	–
NVO	Exit	NOVO NORDISK AS	$0	–	-118,280	–	-1.30%	–
GIS	Exit	GENERAL MILLS INC	$0	–	-131,560	–	-1.32%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-65,130	–	-1.49%	–
	Exit	ALLERGAN PLC	$0	–	-33,896	–	-1.50%	–
ISRG	Exit	INTUITIVE SURGICALINC	$0	–	-11,340	–	-1.52%	–
DHR	Exit	DANAHER CORPORATION	$0	–	-65,135	–	-1.65%	–
KHC	Exit	THE KRAFT HEINZ COMPANY	$0	–	-132,899	–	-1.70%	–
MMM	Exit	3M CO	$0	–	-39,410	–	-1.93%	–
GOOGL	Exit	ALPHABET INC	$0	–	-6,980	–	-1.96%	–
JNJ	Exit	JOHNSON AND JOHNSON	$0	–	-67,973	–	-2.19%	–
V	Exit	VISA INC	$0	–	-101,598	–	-3.55%	–
WFC	Exit	WELLS FARGO AND CO	$0	–	-800,310	–	-9.79%	–
BRKA	Exit	BERKSHIRE HATHAWAY INC	$0	–	-733	–	-54.60%	–

Q3 2018

			Value		Shares		↓ Weighting
BRKA	Buy	BERKSHIRE HATHAWAY INC	$234,560,000	+14.2%	733	+0.7%	54.60%	+2.5%
WFC	Sell	WELLS FARGO AND CO	$42,064,000	-13.8%	800,310	-11.2%	9.79%	-22.7%
JNJ	Buy	JOHNSON AND JOHNSON	$9,392,000	+26.2%	67,973	+10.8%	2.19%	+13.1%
MMM	Buy	3M CO	$8,304,000	+33.9%	39,410	+25.0%	1.93%	+20.1%
KHC	Buy	THE KRAFT HEINZ COMPANY	$7,324,000	+2.2%	132,899	+16.5%	1.70%	-8.3%
	New	ALLERGAN PLC	$6,457,000	–	33,896	–	1.50%	–
GIS	New	GENERAL MILLS INC	$5,647,000	–	131,560	–	1.32%	–
NVO	Sell	NOVO NORDISK AS	$5,576,000	-12.6%	118,280	-14.5%	1.30%	-21.6%
PG	New	PROCTER AND GAMBLE CO/THE	$4,966,000	–	59,670	–	1.16%	–
DVA	Sell	DAVITA HEALTHCARE PARTNERS INC	$3,887,000	-30.9%	54,260	-27.1%	0.90%	-38.0%
VOO	New	VANGUARD S AND P 500 ETF	$3,247,000	–	12,160	–	0.76%	–
BUD	Buy	ANHEUSER BUSCH INBEV ADR	$2,401,000	+37.8%	27,420	+58.5%	0.56%	+23.7%
CL	New	COLGATE PALMOLIVE CO	$1,991,000	–	29,743	–	0.46%	–
VDC	New	VANGUARD CONSUMER STAPLE ETF	$1,914,000	–	13,660	–	0.45%	–
NSRGY	Buy	NESTLE SA	$1,752,000	+122.6%	21,060	+107.3%	0.41%	+100.0%
WAT	Sell	WATERS CORPORATION	$973,000	-63.0%	5,000	-83.7%	0.23%	-66.7%
BK	New	BANK OF NEW YORK MELLON CORP	$861,000	–	16,880	–	0.20%	–
ASHR	New	X-TRACKERS HARVEST CSI 300 CHINA-A SHARES ETF	$709,000	–	27,980	–	0.16%	–
MO	New	ALTRIA GROUP INC	$435,000	–	7,210	–	0.10%	–
VWO	New	VANGUARD FTSE EMERGING MARKE	$265,000	–	6,452	–	0.06%	–
IEHC	Sell	IEH CORP	$116,000	-97.5%	8,483	-85.8%	0.03%	-97.8%
PINC	Sell	PREMIER INC CLASS A	$60,000	-27.7%	1,310	-73.7%	0.01%	-36.4%
OBCI	New	OCEAN BIO CHEM INC	$46,000	–	11,305	–	0.01%	–
TPB	Exit	TURNING POINT BRANDS INC	$0	–	-2,940	–	-0.02%	–
DOFSQ	Exit	DIAMOND OFFSHORE DRILLING INC	$0	–	-23,600	–	-0.13%	–
ESRX	Exit	Express Scripts Holdsing Inc	$0	–	-20,470	–	-0.41%	–
CELG	Exit	CELGENE CORP	$0	–	-33,782	–	-0.70%	–
AGN	Exit	ALLERGAN PLC	$0	–	-29,866	–	-1.29%	–

Q2 2018

			Value		Shares		↓ Weighting
BRKA	New	BERKSHIRE HATHAWAY INC	$205,325,000	–	728	–	53.30%	–
WFC	New	WELLS FARGO	$48,826,000	–	901,000	–	12.67%	–
V	New	VISA INC	$13,457,000	–	101,598	–	3.49%	–
GOOGL	New	ALPHABET INC CL-A	$7,882,000	–	6,980	–	2.05%	–
JNJ	New	JOHNSON AND JOHNSON	$7,444,000	–	61,350	–	1.93%	–
KHC	New	THE KRAFT HEINZ COMPANY	$7,165,000	–	114,049	–	1.86%	–
DHR	New	DANAHER CORPORATION	$6,428,000	–	65,135	–	1.67%	–
NVO	New	NOVO NORDISK A/S	$6,377,000	–	138,280	–	1.66%	–
MMM	New	3M CO	$6,203,000	–	31,530	–	1.61%	–
DVA	New	VANGUARD CONSUMER STAPLE ETF	$5,624,000	–	74,410	–	1.46%	–
MDT	New	MEDTRONIC INC	$5,576,000	–	65,130	–	1.45%	–
ISRG	New	INTUITIVE SURGICAL INC	$5,426,000	–	11,340	–	1.41%	–
AGN	New	ALLERGAN PLC	$4,979,000	–	29,866	–	1.29%	–
IEHC	New	PROCTER GAMBLE CO	$4,658,000	–	59,670	–	1.21%	–
PX	New	PRAXAIR INC	$4,523,000	–	28,600	–	1.17%	–
BBL	New	BHP BILLITON PLC-ADR	$4,401,000	–	97,900	–	1.14%	–
ROP	New	ROPER TECHNOLOGIES INC	$4,304,000	–	15,600	–	1.12%	–
FTV	New	FORTIVE CORP	$3,942,000	–	51,117	–	1.02%	–
SNY	New	SANOFI AVENTIS SA	$3,285,000	–	82,110	–	0.85%	–
CELG	New	CELGENE CORP	$2,683,000	–	33,782	–	0.70%	–
WAT	New	WATERS CORPORATION	$2,627,000	–	30,603	–	0.68%	–
ECL	New	ECOLAB INC	$2,287,000	–	16,296	–	0.59%	–
RSG	New	REPUBLIC SERVICES INC	$2,201,000	–	32,200	–	0.57%	–
WAB	New	WABTEC CORPORATION	$2,179,000	–	22,100	–	0.57%	–
ABT	New	ABBOTT LABORATORIES	$2,005,000	–	32,870	–	0.52%	–
BUD	New	Anheuser Busch InBev ADR	$1,743,000	–	17,300	–	0.45%	–
ESRX	New	Express Scripts Holdsing Inc	$1,580,000	–	20,470	–	0.41%	–
AAPL	New	APPLE INC	$1,476,000	–	7,975	–	0.38%	–
ADP	New	AUTOMATIC DATA PROCESSING INC	$1,395,000	–	10,400	–	0.36%	–
USB	New	US BANCORP	$1,361,000	–	27,200	–	0.35%	–
IDCC	New	INTERDIGITAL INC	$949,000	–	11,730	–	0.25%	–
JKHY	New	JACK HENRY AND ASSOCIATES INC	$899,000	–	6,900	–	0.23%	–
MDLZ	New	MONDELEZ INTERNATIONAL INC	$857,000	–	20,898	–	0.22%	–
NSRGY	New	NESTLE SA	$787,000	–	10,160	–	0.20%	–
QCOM	New	QUALCOMM INC	$747,000	–	13,303	–	0.19%	–
NTR	New	NUTRIEN LTD	$587,000	–	10,800	–	0.15%	–
DOFSQ	New	DIAMOND OFFSHORE DRILLING INC	$492,000	–	23,600	–	0.13%	–
IBB	New	ISHARES NASDAQ BIOTECHNOLOGY	$481,000	–	4,380	–	0.12%	–
MCK	New	MCKESSON CORP	$414,000	–	3,100	–	0.11%	–
ABC	New	AMERISOURCEBERGEN CORP	$412,000	–	4,830	–	0.11%	–
FONR	New	FONAR CORP	$376,000	–	14,158	–	0.10%	–
COST	New	COSTCO WHOLESALES CORP	$293,000	–	1,400	–	0.08%	–
CDK	New	CDK GLOBAL INC	$225,000	–	3,466	–	0.06%	–
CAH	New	CARDINAL HEALTH INC	$196,000	–	4,018	–	0.05%	–
TPB	New	TURNING POINT BRANDS INC	$94,000	–	2,940	–	0.02%	–
PINC	New	PREMIER INC CLASS A	$83,000	–	4,983	–	0.02%	–

Q4 2017

			Value		Shares		↓ Weighting
TPB	Exit	TURNING POINT BRANDS INC	$0	–	-2,940	–	-0.02%	–
FL	Exit	FOOT LOCKER INC	$0	–	-1,860	–	-0.02%	–
CDK	Exit	CDK GLOBAL INC	$0	–	-3,466	–	-0.06%	–
COST	Exit	COSTCO WHOLESALES CORP.	$0	–	-1,400	–	-0.07%	–
ASHR	Exit	DEUTSCHE X-TRACKERS HARVEST CSI 300 CHINA A-SHARES ETF	$0	–	-9,830	–	-0.08%	–
POT	Exit	POTASH CORPORATION OF SASKATCHEWAN INC.	$0	–	-27,000	–	-0.15%	–
NSRGY	Exit	NESTLE SA	$0	–	-6,420	–	-0.16%	–
JKHY	Exit	JACK HENRY AND ASSOCIATES, INC.	$0	–	-6,900	–	-0.21%	–
MDLZ	Exit	MONDELEZ INTERNATIONAL INC	$0	–	-20,898	–	-0.25%	–
WAT	Exit	WATERS CORPORATION	$0	–	-5,000	–	-0.26%	–
BUD	Exit	Anheuser-Busch InBev ADR	$0	–	-7,600	–	-0.27%	–
ADP	Exit	AUTOMATIC DATA PROCESSING INC	$0	–	-10,400	–	-0.33%	–
AAPL	Exit	APPLE INC	$0	–	-7,975	–	-0.36%	–
DOFSQ	Exit	DIAMOND OFFSHORE DRILLING INC	$0	–	-98,800	–	-0.42%	–
USB	Exit	US BANCORP	$0	–	-27,200	–	-0.43%	–
WAB	Exit	WABTEC CORPORATION	$0	–	-22,100	–	-0.49%	–
ABT	Exit	ABBOTT LABORATORIES	$0	–	-32,870	–	-0.52%	–
ECL	Exit	ECOLAB INC	$0	–	-16,296	–	-0.62%	–
RSG	Exit	REPUBLIC SERVICES INC	$0	–	-32,200	–	-0.62%	–
KHC	Exit	THE KRAFT HEINZ COMPANY	$0	–	-28,972	–	-0.66%	–
VOO	Exit	Vanguard SP 500 ETF	$0	–	-12,160	–	-0.82%	–
AGN	Exit	ALLERGAN PLC	$0	–	-15,000	–	-0.90%	–
FTV	Exit	FORTIVE CORP	$0	–	-51,117	–	-1.06%	–
ROP	Exit	ROPER TECHNOLOGIES INC	$0	–	-15,600	–	-1.11%	–
ISRG	Exit	INTUITIVE SURGICAL INC	$0	–	-11,340	–	-1.16%	–
PX	Exit	PRAXAIR INC	$0	–	-28,600	–	-1.17%	–
DVA	Exit	DAVITA HEALTHCARE PARTNERS INC	$0	–	-67,360	–	-1.17%	–
SNY	Exit	SANOFI-AVENTIS SA	$0	–	-82,110	–	-1.20%	–
MDT	Exit	MEDTRONIC INC	$0	–	-65,130	–	-1.49%	–
MMM	Exit	3M CO	$0	–	-24,660	–	-1.52%	–
DHR	Exit	DANAHER CORPORATION	$0	–	-65,135	–	-1.64%	–
NVO	Exit	NOVO NORDISK A/S	$0	–	-138,280	–	-1.95%	–
GOOGL	Exit	ALPHABET INC CL-A	$0	–	-6,980	–	-1.99%	–
JNJ	Exit	JOHNSON AND JOHNSON	$0	–	-53,810	–	-2.05%	–
V	Exit	VISA INC	$0	–	-101,598	–	-3.14%	–
WFC	Exit	WELLS FARGO	$0	–	-800,310	–	-12.95%	–
BRKA	Exit	BERKSHIRE HATHAWAY INC	$0	–	-728	–	-58.67%	–

Q3 2017

			Value		Shares		↓ Weighting
BRKA	Buy	BERKSHIRE HATHAWAY INC	$200,011,000	+8.2%	728	+0.3%	58.67%	+1.2%
JNJ	Buy	JOHNSON AND JOHNSON	$6,996,000	+6.5%	53,810	+8.3%	2.05%	-0.4%
MMM	Buy	3M CO	$5,176,000	+13.0%	24,660	+12.1%	1.52%	+5.7%
ISRG	Buy	INTUITIVE SURGICAL INC	$3,953,000	+11.8%	11,340	+200.0%	1.16%	+4.7%
VOO	New	Vanguard SP 500 ETF	$2,806,000	–	12,160	–	0.82%	–
NSRGY	New	NESTLE SA	$539,000	–	6,420	–	0.16%	–
ASHR	New	DEUTSCHE X-TRACKERS HARVEST CSI 300 CHINA A-SHARES ETF	$287,000	–	9,830	–	0.08%	–
FL	New	FOOT LOCKER INC	$66,000	–	1,860	–	0.02%	–
TPB	New	TURNING POINT BRANDS INC	$50,000	–	2,940	–	0.02%	–

Q2 2017

			Value		Shares		↓ Weighting
BRKA	New	BERKSHIRE HATHAWAY INC	$184,912,000	–	726	–	57.96%	–
WFC	New	WELLS FARGO	$44,345,000	–	800,310	–	13.90%	–
V	New	VISA INC	$9,528,000	–	101,598	–	2.99%	–
JNJ	New	JOHNSON AND JOHNSON	$6,572,000	–	49,680	–	2.06%	–
GOOGL	New	ALPHABET INC CL-A	$6,489,000	–	6,980	–	2.03%	–
NVO	New	NOVO NORDISK A/S	$5,931,000	–	138,280	–	1.86%	–
MDT	New	MEDTRONIC INC	$5,780,000	–	65,130	–	1.81%	–
DHR	New	DANAHER CORPORATION	$5,497,000	–	65,135	–	1.72%	–
MMM	New	3M CO	$4,580,000	–	22,000	–	1.44%	–
DVA	New	DAVITA HEALTHCARE PARTNERS INC	$4,362,000	–	67,360	–	1.37%	–
SNY	New	SANOFI-AVENTIS SA	$3,934,000	–	82,110	–	1.23%	–
PX	New	PRAXAIR INC	$3,791,000	–	28,600	–	1.19%	–
AGN	New	ALLERGAN PLC	$3,646,000	–	15,000	–	1.14%	–
ROP	New	ROPER TECHNOLOGIES INC	$3,612,000	–	15,600	–	1.13%	–
ISRG	New	INTUITIVE SURGICAL INC	$3,536,000	–	3,780	–	1.11%	–
FTV	New	FORTIVE CORP	$3,238,000	–	51,117	–	1.02%	–
KHC	New	KRAFT HEINZ COMPANY	$2,481,000	–	28,972	–	0.78%	–
ECL	New	ECOLAB INC	$2,163,000	–	16,296	–	0.68%	–
RSG	New	REPUBLIC SERVICES INC	$2,052,000	–	32,200	–	0.64%	–
WAB	New	WABTEC CORPORATION	$2,022,000	–	22,100	–	0.63%	–
ABT	New	ABBOTT LABORATORIES	$1,598,000	–	32,870	–	0.50%	–
USB	New	US BANCORP	$1,412,000	–	27,200	–	0.44%	–
AAPL	New	APPLE INC	$1,149,000	–	7,975	–	0.36%	–
DOFSQ	New	DIAMOND OFFSHORE DRILLING INC	$1,070,000	–	98,800	–	0.34%	–
ADP	New	AUTOMATIC DATA PROCESSING INC	$1,066,000	–	10,400	–	0.33%	–
WAT	New	WATERS CORPORATION	$919,000	–	5,000	–	0.29%	–
MDLZ	New	MONDELEZ INTERNATIONAL INC	$903,000	–	20,898	–	0.28%	–
BUD	New	Anheuser-Busch InBev ADR	$839,000	–	7,600	–	0.26%	–
JKHY	New	JACK HENRY AND ASSOCIATES, INC.	$717,000	–	6,900	–	0.22%	–
POT	New	POTASH CORPORATION OF SASKATCHEWAN INC.	$440,000	–	27,000	–	0.14%	–
COST	New	COSTCO WHOLESALES CORP.	$224,000	–	1,400	–	0.07%	–
CDK	New	CDK GLOBAL INC	$215,000	–	3,466	–	0.07%	–

Q4 2016

			Value		Shares		↓ Weighting
WYDE	Exit	PROSHARES CDS SHRT NRTH AMER HY CRDT ETF(WYDE)	$0	–	-1,000	–	-0.01%	–
CDK	Exit	CDK GLOBAL INC	$0	–	-3,466	–	-0.05%	–
COST	Exit	COSTCO WHOLESALES CORP.	$0	–	-1,400	–	-0.06%	–
AAPL	Exit	APPLE INC	$0	–	-7,975	–	-0.24%	–
MDLZ	Exit	MONDELEZ INTERNATIONAL INC	$0	–	-20,898	–	-0.24%	–
ADP	Exit	AUTOMATIC DATA PROCESSING INC	$0	–	-10,400	–	-0.24%	–
USB	Exit	US BANCORP	$0	–	-27,200	–	-0.31%	–
FTV	Exit	FORTIVE CORP	$0	–	-29,917	–	-0.40%	–
RSG	Exit	REPUBLIC SERVICES INC	$0	–	-32,200	–	-0.43%	–
ROP	Exit	ROPER TECHNOLOGIES INC	$0	–	-10,000	–	-0.48%	–
ECL	Exit	ECOLAB INC	$0	–	-16,296	–	-0.52%	–
KHC	Exit	KRAFT HEINZ COMPANY	$0	–	-28,972	–	-0.68%	–
PG	Exit	PROCTER AND GAMBLE CO	$0	–	-29,420	–	-0.70%	–
IBB	Exit	ISHARES NASDAQ BIOTECHNOLOGY ETF	$0	–	-9,500	–	-0.72%	–
ABT	Exit	ABBOTT LABORATORIES	$0	–	-65,750	–	-0.73%	–
TBT	Exit	PROSHARES ULTRASHORT 20+Y TR	$0	–	-105,742	–	-0.88%	–
PX	Exit	PRAXAIR INC	$0	–	-28,600	–	-0.91%	–
ABBV	Exit	ABBVIE INC	$0	–	-59,550	–	-0.99%	–
MMM	Exit	3M CO	$0	–	-22,000	–	-1.02%	–
AGN	Exit	ALLERGAN PLC	$0	–	-19,800	–	-1.20%	–
DHR	Exit	DANAHER CORPORATION	$0	–	-59,835	–	-1.24%	–
ISRG	Exit	INTUITIVE SURGICAL INC	$0	–	-7,570	–	-1.44%	–
SNY	Exit	SANOFI-AVENTIS SA	$0	–	-164,230	–	-1.65%	–
V	Exit	VISA INC	$0	–	-101,598	–	-2.21%	–
DVA	Exit	DAVITA HEALTHCARE PARTNERS INC	$0	–	-134,730	–	-2.34%	–
MDT	Exit	MEDTRONIC INC	$0	–	-130,270	–	-2.96%	–
NVO	Exit	NOVO NORDISK A/S	$0	–	-276,570	–	-3.03%	–
JNJ	Exit	JOHNSON AND JOHNSON	$0	–	-99,360	–	-3.09%	–
CSCO	Exit	CISCO SYSTEMS INC	$0	–	-375,900	–	-3.14%	–
GOOGL	Exit	ALPHABET INC CL-A	$0	–	-19,080	–	-4.04%	–
KO	Exit	COCA COLA CO	$0	–	-370,973	–	-4.13%	–
IBM	Exit	INTERNATIONAL BUSINESS MACHINES CORP	$0	–	-178,500	–	-7.46%	–
WFC	Exit	WELLS FARGO	$0	–	-998,202	–	-11.13%	–
BRKA	Exit	BERKSHIRE HATHAWAY INC	$0	–	-726	–	-41.32%	–

Q3 2016

			Value		Shares		↓ Weighting
KO	Sell	COCA COLA CO	$15,700,000	-45.3%	370,973	-41.5%	4.13%	-41.5%
PX	Sell	PRAXAIR INC	$3,456,000	-33.0%	28,600	-37.7%	0.91%	-28.2%
FTV	New	FORTIVE CORP	$1,523,000	–	29,917	–	0.40%	–
AXP	Exit	AMERICAN EXPRESS CO	$0	–	-9,200	–	-0.14%	–
UNP	Exit	UNION PACIFIC CORP	$0	–	-18,500	–	-0.40%	–
WMT	Exit	WALMART STORES INC	$0	–	-29,326	–	-0.53%	–
VAR	Exit	VARIAN MEDICAL SYSTEMS,INC.	$0	–	-39,520	–	-0.80%	–
BUD	Exit	Anheuser-Busch InBev ADR	$0	–	-27,670	–	-0.90%	–

Q2 2016

			Value		Shares		↓ Weighting
BRKA	New	BERKSHIRE HATHAWAY INC	$157,524,000	–	726	–	38.73%	–
WFC	New	WELLS FARGO	$45,141,000	–	998,202	–	11.10%	–
KO	New	COCA COLA CO	$28,724,000	–	633,673	–	7.06%	–
IBM	New	INTERNATIONAL BUSINESS MACHINES CORP	$27,093,000	–	178,500	–	6.66%	–
NVO	New	NOVO NORDISK A/S	$14,874,000	–	276,570	–	3.66%	–
GOOGL	New	ALPHABET INC CL-A	$13,423,000	–	19,080	–	3.30%	–
JNJ	New	JOHNSON AND JOHNSON	$12,052,000	–	99,360	–	2.96%	–
MDT	New	MEDTRONIC INC	$11,304,000	–	130,270	–	2.78%	–
CSCO	New	CISCO SYSTEMS INC	$10,785,000	–	375,900	–	2.65%	–
DVA	New	DAVITA HEALTHCARE PARTNERS INC	$10,417,000	–	134,730	–	2.56%	–
V	New	VISA INC	$7,536,000	–	101,598	–	1.85%	–
SNY	New	SANOFI-AVENTIS SA	$6,873,000	–	164,230	–	1.69%	–
PX	New	PRAXAIR INC	$5,159,000	–	45,900	–	1.27%	–
ISRG	New	INTUITIVE SURGICAL INC	$5,007,000	–	7,570	–	1.23%	–
DHR	New	DANAHER CORPORATION	$4,580,000	–	59,835	–	1.13%	–
AGN	New	ALLERGAN PLC	$4,576,000	–	19,800	–	1.12%	–
MMM	New	3M CO	$3,853,000	–	22,000	–	0.95%	–
ABBV	New	ABBVIE INC	$3,687,000	–	59,550	–	0.91%	–
BUD	New	Anheuser-Busch InBev ADR	$3,644,000	–	27,670	–	0.90%	–
TBT	New	PROSHARES ULTRASHORT 20+Y TR	$3,351,000	–	105,742	–	0.82%	–
VAR	New	VARIAN MEDICAL SYSTEMS,INC.	$3,250,000	–	39,520	–	0.80%	–
ABT	New	ABBOTT LABORATORIES	$2,585,000	–	65,750	–	0.64%	–
KHC	New	KRAFT HEINZ COMPANY	$2,563,000	–	28,972	–	0.63%	–
PG	New	PROCTER AND GAMBLE CO	$2,491,000	–	29,420	–	0.61%	–
IBB	New	ISHARES NASDAQ BIOTECHNOLOGY ETF	$2,445,000	–	9,500	–	0.60%	–
WMT	New	WALMART STORES INC	$2,141,000	–	29,326	–	0.53%	–
ECL	New	ECOLAB INC	$1,933,000	–	16,296	–	0.48%	–
ROP	New	ROPER TECHNOLOGIES INC	$1,706,000	–	10,000	–	0.42%	–
RSG	New	REPUBLIC SERVICES INC	$1,652,000	–	32,200	–	0.41%	–
UNP	New	UNION PACIFIC CORP	$1,614,000	–	18,500	–	0.40%	–
USB	New	US BANCORP	$1,097,000	–	27,200	–	0.27%	–
ADP	New	AUTOMATIC DATA PROCESSING INC	$955,000	–	10,400	–	0.24%	–
MDLZ	New	MONDELEZ INTERNATIONAL INC	$951,000	–	20,898	–	0.23%	–
AAPL	New	APPLE INC	$762,000	–	7,975	–	0.19%	–
AXP	New	AMERICAN EXPRESS CO	$559,000	–	9,200	–	0.14%	–
COST	New	COSTCO WHOLESALES CORP.	$220,000	–	1,400	–	0.05%	–
CDK	New	CDK GLOBAL INC	$192,000	–	3,466	–	0.05%	–
WYDE	New	PROSHARES CDS SHRT NRTH AMER HY CRDT ETF(WYDE)	$37,000	–	1,000	–	0.01%	–

Q4 2015

			Value		Shares		↓ Weighting
CDK	Exit	CDK GLOBAL INC	$0	–	-3,466	–	-0.04%	–
COST	Exit	COSTCO WHOLESALES CORP.	$0	–	-1,400	–	-0.05%	–
AXP	Exit	AMERICAN EXPRESS CO	$0	–	-9,200	–	-0.18%	–
MMM	Exit	3M CO	$0	–	-5,600	–	-0.21%	–
ADP	Exit	AUTOMATIC DATA PROCESSING INC	$0	–	-10,400	–	-0.22%	–
MDLZ	Exit	MONDELEZ INTERNATIONAL INC	$0	–	-20,898	–	-0.23%	–
AAPL	Exit	APPLE INC	$0	–	-7,975	–	-0.23%	–
USB	Exit	US BANCORP	$0	–	-27,200	–	-0.30%	–
RSG	Exit	REPUBLIC SERVICES INC	$0	–	-32,200	–	-0.35%	–
ECL	Exit	ECOLAB INC	$0	–	-16,296	–	-0.48%	–
KHC	Exit	KRAFT FOODS GROUP INC	$0	–	-28,972	–	-0.54%	–
ABT	Exit	ABBOTT LABORATORIES	$0	–	-65,750	–	-0.70%	–
PG	Exit	PROCTER & GAMBLE CO	$0	–	-40,220	–	-0.77%	–
ABBV	Exit	ABBVIE INC	$0	–	-59,550	–	-0.86%	–
ISRG	Exit	INTUITIVE SURGICAL INC	$0	–	-7,570	–	-0.93%	–
WMT	Exit	WAL MART STORES INC	$0	–	-58,526	–	-1.01%	–
VAR	Exit	VARIAN MEDICAL SYSTEMS,INC.	$0	–	-60,920	–	-1.20%	–
V	Exit	VISA INC	$0	–	-101,598	–	-1.88%	–
MDT	Exit	MEDTRONIC INC	$0	–	-130,270	–	-2.32%	–
SNY	Exit	SANOFI-AVENTIS SA	$0	–	-186,030	–	-2.35%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-99,360	–	-2.47%	–
DVA	Exit	DAVITA HEALTHCARE PARTNERS INC	$0	–	-134,730	–	-2.59%	–
CSCO	Exit	CISCO SYSTEMS INC	$0	–	-375,900	–	-2.63%	–
GOOGL	Exit	GOOGLE INC CL-A	$0	–	-19,080	–	-3.24%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-286,100	–	-3.37%	–
NVO	Exit	NOVO NORDISK A/S	$0	–	-276,570	–	-3.99%	–
IBM	Exit	INTERNATIONAL BUSINESS MACHINES CORP	$0	–	-145,500	–	-5.62%	–
KO	Exit	COCA COLA CO	$0	–	-853,173	–	-9.11%	–
WFC	Exit	WELLS FARGO & CO	$0	–	-1,050,510	–	-14.36%	–
BRKA	Exit	BERKSHIRE HATHAWAY INC	$0	–	-726	–	-37.74%	–

Q3 2015

			Value		Shares		↓ Weighting
BRKA	Sell	BERKSHIRE HATHAWAY INC	$141,744,000	-7.2%	726	-2.7%	37.74%	+13.3%
WFC	Sell	WELLS FARGO & CO	$53,944,000	-35.7%	1,050,510	-29.6%	14.36%	-21.5%
NVO	Sell	NOVO NORDISK A/S	$15,001,000	-10.9%	276,570	-10.0%	3.99%	+8.9%
MSFT	Sell	MICROSOFT CORP	$12,663,000	-23.2%	286,100	-23.4%	3.37%	-6.2%
GOOGL	New	GOOGLE INC CL-A	$12,180,000	–	19,080	–	3.24%	–
DVA	Sell	DAVITA HEALTHCARE PARTNERS INC	$9,745,000	-18.1%	134,730	-10.0%	2.59%	+0.0%
JNJ	Sell	JOHNSON & JOHNSON	$9,275,000	-13.8%	99,360	-10.0%	2.47%	+5.3%
SNY	Sell	SANOFI-AVENTIS SA	$8,831,000	-13.7%	186,030	-10.0%	2.35%	+5.4%
MDT	New	MEDTRONIC INC	$8,720,000	–	130,270	–	2.32%	–
VAR	Sell	VARIAN MEDICAL SYSTEMS,INC.	$4,495,000	-21.3%	60,920	-10.0%	1.20%	-3.8%
ISRG	Sell	INTUITIVE SURGICAL INC	$3,479,000	-29.9%	7,570	-26.1%	0.93%	-14.4%
ABBV	Sell	ABBVIE INC	$3,240,000	-27.1%	59,550	-10.0%	0.86%	-10.9%
ABT	Sell	ABBOTT LABORATORIES	$2,644,000	-26.2%	65,750	-10.0%	0.70%	-9.9%
KHC	New	KRAFT FOODS GROUP INC	$2,045,000	–	28,972	–	0.54%	–
CDK	New	CDK GLOBAL INC	$166,000	–	3,466	–	0.04%	–
JPM	Exit	JP MORGAN CHASE & CO	$0	–	-34,451	–	-0.51%	–
DE	Exit	DEERE & COMPANY	$0	–	-25,270	–	-0.53%	–
KRFT	Exit	KRAFT FOODS GROUP INC	$0	–	-28,972	–	-0.54%	–
UTX	Exit	UNITED TECHNOLOGIES CORP	$0	–	-27,500	–	-0.66%	–
QCOM	Exit	QUALCOMM INC	$0	–	-92,729	–	-1.27%	–
MON	Exit	MONSANTO COMPANY	$0	–	-59,700	–	-1.39%	–
MDT	Exit	MEDTRONIC INC	$0	–	-144,742	–	-2.34%	–
GOOGL	Exit	GOOGLE INC CL-A	$0	–	-25,330	–	-2.98%	–

Q2 2015

			Value		Shares		↓ Weighting
BRKA	New	BERKSHIRE HATHAWAY INC	$152,818,000	–	746	–	33.30%	–
WFC	New	WELLS FARGO & CO	$83,919,000	–	1,492,160	–	18.29%	–
KO	New	COCA COLA CO	$33,470,000	–	853,173	–	7.29%	–
IBM	New	INTERNATIONAL BUSINESS MACHINES CORP	$23,667,000	–	145,500	–	5.16%	–
NVO	New	NOVO NORDISK A/S	$16,828,000	–	307,300	–	3.67%	–
MSFT	New	MICROSOFT CORP	$16,493,000	–	373,577	–	3.59%	–
GOOGL	New	GOOGLE INC CL-A	$13,679,000	–	25,330	–	2.98%	–
DVA	New	DAVITA HEALTHCARE PARTNERS INC	$11,897,000	–	149,699	–	2.59%	–
JNJ	New	JOHNSON & JOHNSON	$10,756,000	–	110,360	–	2.34%	–
MDT	New	MEDTRONIC INC	$10,725,000	–	144,742	–	2.34%	–
CSCO	New	CISCO SYSTEMS INC	$10,322,000	–	375,900	–	2.25%	–
SNY	New	SANOFI-AVENTIS SA	$10,238,000	–	206,700	–	2.23%	–
V	New	VISA INC	$6,822,000	–	101,598	–	1.49%	–
MON	New	MONSANTO COMPANY	$6,363,000	–	59,700	–	1.39%	–
QCOM	New	QUALCOMM INC	$5,808,000	–	92,729	–	1.27%	–
VAR	New	VARIAN MEDICAL SYSTEMS,INC.	$5,708,000	–	67,690	–	1.24%	–
ISRG	New	INTUITIVE SURGICAL INC	$4,965,000	–	10,247	–	1.08%	–
ABBV	New	ABBVIE INC	$4,446,000	–	66,167	–	0.97%	–
WMT	New	WAL MART STORES INC	$4,151,000	–	58,526	–	0.90%	–
ABT	New	ABBOTT LABORATORIES	$3,585,000	–	73,053	–	0.78%	–
PG	New	PROCTER & GAMBLE CO	$3,147,000	–	40,220	–	0.69%	–
UTX	New	UNITED TECHNOLOGIES CORP	$3,051,000	–	27,500	–	0.66%	–
KRFT	New	KRAFT FOODS GROUP INC	$2,467,000	–	28,972	–	0.54%	–
DE	New	DEERE & COMPANY	$2,452,000	–	25,270	–	0.53%	–
JPM	New	JP MORGAN CHASE & CO	$2,334,000	–	34,451	–	0.51%	–
ECL	New	ECOLAB INC	$1,843,000	–	16,296	–	0.40%	–
RSG	New	REPUBLIC SERVICES INC	$1,261,000	–	32,200	–	0.28%	–
USB	New	US BANCORP	$1,180,000	–	27,200	–	0.26%	–
AAPL	New	APPLE INC	$1,000,000	–	7,975	–	0.22%	–
MMM	New	3M CO	$864,000	–	5,600	–	0.19%	–
MDLZ	New	MONDELEZ INTERNATIONAL INC	$860,000	–	20,898	–	0.19%	–
ADP	New	AUTOMATIC DATA PROCESSING INC	$834,000	–	10,400	–	0.18%	–
AXP	New	AMERICAN EXPRESS CO	$715,000	–	9,200	–	0.16%	–
COST	New	COSTCO WHOLESALES CORP.	$189,000	–	1,400	–	0.04%	–

Q4 2014

			Value		Shares		↓ Weighting
MR	Exit	MINDRAY MEDICAL INTL LTD	$0	–	-4,000	–	-0.02%	–
COST	Exit	COSTCO WHOLESALES CORP.	$0	–	-1,400	–	-0.03%	–
ADP	Exit	AUTOMATIC DATA PROCESSING INC	$0	–	-10,400	–	-0.14%	–
MMM	Exit	3M CO	$0	–	-5,600	–	-0.15%	–
AXP	Exit	AMERICAN EXPRESS CO	$0	–	-9,200	–	-0.15%	–
USB	Exit	US BANCORP	$0	–	-27,200	–	-0.21%	–
AAPL	Exit	APPLE INC	$0	–	-11,420	–	-0.21%	–
RSG	Exit	REPUBLIC SERVICES INC	$0	–	-32,200	–	-0.23%	–
GOOG	Exit	GOOGLE INC CL-C	$0	–	-2,190	–	-0.24%	–
XOM	Exit	EXXON MOBIL CORPORATION	$0	–	-15,500	–	-0.27%	–
ECL	Exit	ECOLAB INC	$0	–	-16,296	–	-0.35%	–
MDLZ	Exit	MONDELEZ INTERNATIONAL INC	$0	–	-80,318	–	-0.51%	–
KRFT	Exit	KRAFT FOODS GROUP INC	$0	–	-58,072	–	-0.61%	–
PG	Exit	PROCTER & GAMBLE CO	$0	–	-40,220	–	-0.63%	–
UTX	Exit	UNITED TECHNOLOGIES CORP	$0	–	-34,800	–	-0.68%	–
ABT	Exit	ABBOTT LABORATORIES	$0	–	-123,800	–	-0.96%	–
JPM	Exit	JP MORGAN CHASE & CO	$0	–	-94,971	–	-1.06%	–
ABBV	Exit	ABBVIE INC	$0	–	-106,000	–	-1.14%	–
COP	Exit	CONOCO PHILLIPS	$0	–	-84,300	–	-1.20%	–
VAR	Exit	VARIAN MEDICAL SYSTEMS,INC.	$0	–	-89,850	–	-1.34%	–
V	Exit	VISA INC	$0	–	-35,000	–	-1.39%	–
MON	Exit	MONSANTO COMPANY	$0	–	-66,940	–	-1.40%	–
ISRG	Exit	INTUITIVE SURGICAL INC	$0	–	-17,540	–	-1.51%	–
QCOM	Exit	QUALCOMM INC	$0	–	-118,100	–	-1.64%	–
CSCO	Exit	CISCO SYSTEMS INC	$0	–	-375,900	–	-1.76%	–
DE	Exit	DEERE & COMPANY	$0	–	-130,680	–	-1.99%	–
NOV	Exit	NATIONAL OILWELL VARCO INC	$0	–	-154,660	–	-2.19%	–
WMT	Exit	WAL MART STORES INC	$0	–	-144,800	–	-2.37%	–
MDT	Exit	MEDTRONIC INC	$0	–	-219,300	–	-2.53%	–
SNY	Exit	SANOFI-AVENTIS SA	$0	–	-243,700	–	-2.56%	–
GOOGL	Exit	GOOGLE INC CL-A	$0	–	-25,230	–	-2.76%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-140,840	–	-2.79%	–
NVO	Exit	NOVO NORDISK A/S	$0	–	-338,900	–	-3.00%	–
DVA	Exit	DAVITA HEALTHCARE PARTNERS INC	$0	–	-221,280	–	-3.01%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-394,100	–	-3.40%	–
IBM	Exit	INTERNATIONAL BUSINESS MACHINES CORP	$0	–	-140,300	–	-4.96%	–
KO	Exit	COCA COLA CO	$0	–	-936,960	–	-7.44%	–
WFC	Exit	WELLS FARGO & CO	$0	–	-1,492,160	–	-14.41%	–
BRKA	Exit	BERKSHIRE HATHAWAY INC	$0	–	-746	–	-28.73%	–

Q3 2014

			Value		Shares		↓ Weighting
BRKA	Sell	BERKSHIRE HATHAWAY INC	$154,347,000	-3.8%	746	-11.7%	28.73%	+13.2%
WFC	Sell	WELLS FARGO & CO	$77,398,000	-12.1%	1,492,160	-11.0%	14.41%	+3.4%
KO	Sell	COCA COLA CO	$39,971,000	-6.8%	936,960	-7.5%	7.44%	+9.7%
IBM	Sell	INTERNATIONAL BUSINESS MACHINES CORP	$26,633,000	-29.1%	140,300	-32.3%	4.96%	-16.5%
MSFT	Sell	MICROSOFT CORP	$18,270,000	-14.9%	394,100	-23.5%	3.40%	+0.1%
DVA	Sell	DAVITA HEALTHCARE PARTNERS INC	$16,184,000	-1.9%	221,280	-3.0%	3.01%	+15.5%
NVO	Sell	NOVO NORDISK A/S	$16,138,000	-0.0%	338,900	-3.0%	3.00%	+17.7%
JNJ	Sell	JOHNSON & JOHNSON	$15,012,000	-7.2%	140,840	-8.9%	2.79%	+9.2%
GOOGL	Sell	GOOGLE INC CL-A	$14,846,000	-26.7%	25,230	-27.1%	2.76%	-13.7%
SNY	Sell	SANOFI-AVENTIS SA	$13,752,000	-4.0%	243,700	-9.5%	2.56%	+13.1%
MDT	Sell	MEDTRONIC INC	$13,586,000	-5.8%	219,300	-3.0%	2.53%	+11.0%
WMT	Sell	WAL MART STORES INC	$12,755,000	-28.8%	144,800	-39.3%	2.37%	-16.2%
NOV	Sell	NATIONAL OILWELL VARCO INC	$11,770,000	-10.4%	154,660	-3.0%	2.19%	+5.5%
DE	Sell	DEERE & COMPANY	$10,714,000	-12.1%	130,680	-3.0%	1.99%	+3.4%
CSCO	Sell	CISCO SYSTEMS INC	$9,461,000	-1.7%	375,900	-3.0%	1.76%	+15.6%
QCOM	Sell	QUALCOMM INC	$8,830,000	-36.4%	118,100	-32.6%	1.64%	-25.1%
ISRG	Sell	INTUITIVE SURGICAL INC	$8,100,000	+9.0%	17,540	-2.8%	1.51%	+28.3%
MON	Sell	MONSANTO COMPANY	$7,531,000	-12.4%	66,940	-2.9%	1.40%	+3.1%
V	Sell	VISA INC	$7,468,000	-1.8%	35,000	-3.0%	1.39%	+15.5%
VAR	Sell	VARIAN MEDICAL SYSTEMS,INC.	$7,199,000	-6.5%	89,850	-3.0%	1.34%	+10.0%
COP	Sell	CONOCO PHILLIPS	$6,451,000	-13.4%	84,300	-3.0%	1.20%	+2.0%
ABBV	Sell	ABBVIE INC	$6,123,000	-14.7%	106,000	-16.6%	1.14%	+0.5%
JPM	Sell	JP MORGAN CHASE & CO	$5,721,000	+1.5%	94,971	-3.0%	1.06%	+19.4%
ABT	Sell	ABBOTT LABORATORIES	$5,149,000	-16.6%	123,800	-18.0%	0.96%	-1.9%
UTX	Sell	UNITED TECHNOLOGIES CORP	$3,675,000	-49.2%	34,800	-44.5%	0.68%	-40.3%
PG	Sell	PROCTER & GAMBLE CO	$3,368,000	-63.0%	40,220	-65.3%	0.63%	-56.5%
KRFT	Sell	KRAFT FOODS GROUP INC	$3,275,000	-50.3%	58,072	-47.2%	0.61%	-41.5%
MDLZ	Sell	MONDELEZ INTERNATIONAL INC	$2,752,000	-46.8%	80,318	-41.6%	0.51%	-37.4%
ECL	Sell	ECOLAB INC	$1,871,000	+0.1%	16,296	-3.0%	0.35%	+17.6%
XOM	Sell	EXXON MOBIL CORPORATION	$1,458,000	-18.2%	15,500	-12.4%	0.27%	-3.9%
GOOG	Sell	GOOGLE INC CL-C	$1,264,000	-93.7%	2,190	-93.7%	0.24%	-92.5%
RSG	Sell	REPUBLIC SERVICES INC	$1,256,000	-0.4%	32,200	-3.0%	0.23%	+17.6%
AAPL	Sell	APPLE INC	$1,151,000	-25.0%	11,420	-30.9%	0.21%	-11.9%
USB	Sell	US BANCORP	$1,138,000	-6.2%	27,200	-2.9%	0.21%	+10.4%
AXP	Sell	AMERICAN EXPRESS CO	$805,000	-10.7%	9,200	-3.2%	0.15%	+5.6%
MMM	Sell	3M CO	$793,000	-4.6%	5,600	-3.4%	0.15%	+13.0%
ADP	Sell	AUTOMATIC DATA PROCESSING INC	$758,000	-10.6%	10,400	-2.8%	0.14%	+5.2%
COST	Sell	COSTCO WHOLESALES CORP.	$175,000	+1.2%	1,400	-6.7%	0.03%	+22.2%
MR	Sell	MINDRAY MEDICAL INTL LTD	$121,000	-6.2%	4,000	-2.4%	0.02%	+15.0%
FB	Exit	FACEBOOK INC	$0	–	-15,550	–	-0.16%	–

Q2 2014

			Value		Shares		↓ Weighting
BRKA	New	BERKSHIRE HATHAWAY INC	$160,466,000	–	845	–	25.37%	–
WFC	New	WELLS FARGO & CO	$88,083,000	–	1,675,860	–	13.93%	–
KO	New	COCA COLA CO	$42,909,000	–	1,012,960	–	6.78%	–
IBM	New	INTERNATIONAL BUSINESS MACHINES CORP	$37,559,000	–	207,200	–	5.94%	–
MSFT	New	MICROSOFT CORP	$21,476,000	–	515,000	–	3.40%	–
GOOGL	New	GOOGLE INC CL-A	$20,247,000	–	34,630	–	3.20%	–
GOOG	New	GOOGLE INC CL-C	$19,922,000	–	34,630	–	3.15%	–
WMT	New	WAL MART STORES INC	$17,919,000	–	238,700	–	2.83%	–
DVA	New	DAVITA HEALTHCARE PARTNERS INC	$16,495,000	–	228,080	–	2.61%	–
JNJ	New	JOHNSON & JOHNSON	$16,178,000	–	154,640	–	2.56%	–
NVO	New	NOVO NORDISK A/S	$16,139,000	–	349,400	–	2.55%	–
MDT	New	MEDTRONIC INC	$14,416,000	–	226,100	–	2.28%	–
SNY	New	SANOFI-AVENTIS SA	$14,319,000	–	269,300	–	2.26%	–
QCOM	New	QUALCOMM INC	$13,876,000	–	175,200	–	2.19%	–
NOV	New	NATIONAL OILWELL VARCO INC	$13,132,000	–	159,460	–	2.08%	–
DE	New	DEERE & COMPANY	$12,195,000	–	134,680	–	1.93%	–
CSCO	New	CISCO SYSTEMS INC	$9,629,000	–	387,500	–	1.52%	–
PG	New	PROCTER & GAMBLE CO	$9,110,000	–	115,920	–	1.44%	–
MON	New	MONSANTO COMPANY	$8,600,000	–	68,940	–	1.36%	–
VAR	New	VARIAN MEDICAL SYSTEMS,INC.	$7,703,000	–	92,650	–	1.22%	–
V	New	VISA INC	$7,607,000	–	36,100	–	1.20%	–
COP	New	CONOCO PHILLIPS	$7,450,000	–	86,900	–	1.18%	–
ISRG	New	INTUITIVE SURGICAL INC	$7,429,000	–	18,040	–	1.18%	–
UTX	New	UNITED TECHNOLOGIES CORP	$7,239,000	–	62,700	–	1.14%	–
ABBV	New	ABBVIE INC	$7,174,000	–	127,100	–	1.13%	–
KRFT	New	KRAFT FOODS GROUP INC	$6,593,000	–	109,972	–	1.04%	–
ABT	New	ABBOTT LABORATORIES	$6,176,000	–	151,000	–	0.98%	–
JPM	New	JP MORGAN CHASE & CO	$5,639,000	–	97,871	–	0.89%	–
MDLZ	New	MONDELEZ INTERNATIONAL INC	$5,172,000	–	137,518	–	0.82%	–
ECL	New	ECOLAB INC	$1,870,000	–	16,796	–	0.30%	–
XOM	New	EXXON MOBIL CORPORATION	$1,782,000	–	17,700	–	0.28%	–
AAPL	New	APPLE INC	$1,535,000	–	16,520	–	0.24%	–
RSG	New	REPUBLIC SERVICES INC	$1,261,000	–	33,200	–	0.20%	–
USB	New	US BANCORP	$1,213,000	–	28,000	–	0.19%	–
FB	New	FACEBOOK INC	$1,046,000	–	15,550	–	0.16%	–
AXP	New	AMERICAN EXPRESS CO	$901,000	–	9,500	–	0.14%	–
ADP	New	AUTOMATIC DATA PROCESSING INC	$848,000	–	10,700	–	0.13%	–
MMM	New	3M CO	$831,000	–	5,800	–	0.13%	–
COST	New	COSTCO WHOLESALES CORP.	$173,000	–	1,500	–	0.03%	–
MR	New	MINDRAY MEDICAL INTL LTD	$129,000	–	4,100	–	0.02%	–

Q4 2013

			Value		Shares		↓ Weighting
COST	Exit	COSTCO WHOLESALES CORP.	$0	–	-1,500	–	-0.03%	–
MMM	Exit	3M CO	$0	–	-5,800	–	-0.13%	–
AXP	Exit	AMERICAN EXPRESS CO	$0	–	-9,500	–	-0.14%	–
ADP	Exit	AUTOMATIC DATA PROCESSING INC	$0	–	-10,700	–	-0.15%	–
USB	Exit	US BANCORP	$0	–	-28,000	–	-0.20%	–
RSG	Exit	REPUBLIC SERVICES INC	$0	–	-33,200	–	-0.21%	–
AAPL	Exit	APPLE INC	$0	–	-2,360	–	-0.21%	–
MON	Exit	MONSANTO COMPANY	$0	–	-14,440	–	-0.29%	–
V	Exit	VISA INC	$0	–	-8,200	–	-0.30%	–
ECL	Exit	ECOLAB INC	$0	–	-16,796	–	-0.32%	–
DE	Exit	DEERE & COMPANY	$0	–	-26,480	–	-0.41%	–
MDLZ	Exit	MONDELEZ INTERNATIONAL INC	$0	–	-137,518	–	-0.82%	–
FB	Exit	FACEBOOK INC	$0	–	-90,280	–	-0.86%	–
ISRG	Exit	INTUITIVE SURGICAL INC	$0	–	-13,140	–	-0.94%	–
ABT	Exit	ABBOTT LABORATORIES	$0	–	-151,000	–	-0.96%	–
JPM	Exit	JP MORGAN CHASE & CO	$0	–	-97,871	–	-0.96%	–
VAR	Exit	VARIAN MEDICAL SYSTEMS,INC.	$0	–	-68,950	–	-0.98%	–
UTX	Exit	UNITED TECHNOLOGIES CORP	$0	–	-49,300	–	-1.01%	–
ABBV	Exit	ABBVIE INC	$0	–	-127,100	–	-1.08%	–
KRFT	Exit	KRAFT FOODS GROUP INC	$0	–	-109,972	–	-1.10%	–
COP	Exit	CONOCO PHILLIPS	$0	–	-86,900	–	-1.15%	–
CSCO	Exit	CISCO SYSTEMS INC	$0	–	-363,500	–	-1.62%	–
PG	Exit	PROCTER & GAMBLE CO	$0	–	-115,920	–	-1.67%	–
NOV	Exit	NATIONAL OILWELL VARCO INC	$0	–	-114,600	–	-1.71%	–
QCOM	Exit	QUALCOMM INC	$0	–	-161,900	–	-2.08%	–
DVA	Exit	DAVITA HEALTHCARE PARTNERS INC	$0	–	-196,040	–	-2.13%	–
NVO	Exit	NOVO NORDISK A/S	$0	–	-66,880	–	-2.16%	–
MDT	Exit	MEDTRONIC INC	$0	–	-226,100	–	-2.30%	–
SNY	Exit	SANOFI-AVENTIS SA	$0	–	-263,400	–	-2.54%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-154,640	–	-2.56%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-515,000	–	-3.27%	–
WMT	Exit	WAL MART STORES INC	$0	–	-238,700	–	-3.37%	–
GOOGL	Exit	GOOGLE INC	$0	–	-34,630	–	-5.78%	–
KO	Exit	COCA COLA CO	$0	–	-1,012,960	–	-7.32%	–
IBM	Exit	INTERNATIONAL BUSINESS MACHINES CORP	$0	–	-212,800	–	-7.51%	–
WFC	Exit	WELLS FARGO & CO	$0	–	-1,640,060	–	-12.92%	–
BRKA	Exit	BERKSHIRE HATHAWAY INC	$0	–	-887	–	-28.82%	–

Q3 2013

			Value		Shares		↓ Weighting
WFC	Buy	WELLS FARGO & CO	$67,767,000	+913.4%	1,640,060	+2.3%	12.92%	+749.4%
IBM	Buy	INTERNATIONAL BUSINESS MACHINES CORP	$39,406,000	-2.4%	212,800	+0.8%	7.51%	-18.2%
NVO	Buy	NOVO NORDISK A/S	$11,317,000	+75.6%	66,880	+60.8%	2.16%	+47.1%
DVA	Buy	DAVITA HEALTHCARE PARTNERS INC	$11,155,000	+30.4%	196,040	+176.8%	2.13%	+9.3%
NOV	Buy	NATIONAL OILWELL VARCO INC	$8,951,000	+334.5%	114,600	+283.3%	1.71%	+263.8%
UTX	Buy	UNITED TECHNOLOGIES CORP	$5,316,000	+31.2%	49,300	+13.1%	1.01%	+9.9%
VAR	Buy	VARIAN MEDICAL SYSTEMS,INC.	$5,153,000	+192.8%	68,950	+164.2%	0.98%	+145.5%
ISRG	New	INTUITIVE SURGICAL INC	$4,944,000	–	13,140	–	0.94%	–
FB	Sell	FACEBOOK INC	$4,535,000	-20.0%	90,280	-60.4%	0.86%	-32.9%
DE	Buy	DEERE & COMPANY	$2,155,000	+88.0%	26,480	+87.8%	0.41%	+57.5%
V	New	VISA INC	$1,567,000	–	8,200	–	0.30%	–
MON	New	MONSANTO COMPANY	$1,507,000	–	14,440	–	0.29%	–
AAPL	Sell	APPLE INC	$1,125,000	-68.8%	2,360	-74.0%	0.21%	-73.9%

Q2 2013

			Value		Shares		↓ Weighting
BRKA	New	BERKSHIRE HATHAWAY INC	$149,548,000	–	887	–	34.02%	–
KO	New	COCA COLA CO	$40,630,000	–	1,012,960	–	9.24%	–
IBM	New	INTERNATIONAL BUSINESS MACHINES CORP	$40,362,000	–	211,200	–	9.18%	–
GOOGL	New	GOOGLE INC	$30,487,000	–	34,630	–	6.94%	–
MSFT	New	MICROSOFT CORP	$17,791,000	–	515,000	–	4.05%	–
WMT	New	WAL MART STORES INC	$17,781,000	–	238,700	–	4.04%	–
SNY	New	SANOFI-AVENTIS SA	$13,568,000	–	263,400	–	3.09%	–
JNJ	New	JOHNSON & JOHNSON	$13,277,000	–	154,640	–	3.02%	–
MDT	New	MEDTRONIC INC	$11,637,000	–	226,100	–	2.65%	–
QCOM	New	QUALCOMM INC	$9,890,000	–	161,900	–	2.25%	–
PG	New	PROCTER & GAMBLE CO	$8,925,000	–	115,920	–	2.03%	–
CSCO	New	CISCO SYSTEMS INC	$8,846,000	–	363,500	–	2.01%	–
DVA	New	DAVITA HEALTHCARE PARTNERS INC	$8,555,000	–	70,820	–	1.95%	–
WFC	New	WELLS FARGO & CO	$6,687,000	–	1,603,760	–	1.52%	–
NVO	New	NOVO NORDISK A/S	$6,444,000	–	41,580	–	1.47%	–
KRFT	New	KRAFT FOODS GROOP INC	$6,144,000	–	109,972	–	1.40%	–
FB	New	FACEBOOK INC	$5,668,000	–	227,800	–	1.29%	–
ABT	New	ABBOTT LABORATORIES	$5,267,000	–	151,000	–	1.20%	–
COP	New	CONOCO PHILLIPS	$5,257,000	–	86,900	–	1.20%	–
ABBV	New	ABBVIE INC	$5,254,000	–	127,100	–	1.20%	–
JPM	New	JP MORGAN CHASE & CO	$5,167,000	–	97,871	–	1.18%	–
UTX	New	UNITED TECHNOLOGIES CORP	$4,052,000	–	43,600	–	0.92%	–
MDLZ	New	MONDELEZ INTERNATIONAL INC	$3,923,000	–	137,518	–	0.89%	–
AAPL	New	APPLE INC	$3,604,000	–	9,090	–	0.82%	–
NOV	New	NATIONAL OILWELL VARCO INC	$2,060,000	–	29,900	–	0.47%	–
VAR	New	VARIAN MEDICAL SYSTEMS,INC.	$1,760,000	–	26,100	–	0.40%	–
ECL	New	ECOLAB INC	$1,431,000	–	16,796	–	0.33%	–
DE	New	DEERE & COMPANY	$1,146,000	–	14,100	–	0.26%	–
RSG	New	REPUBLIC SERVICES INC	$1,127,000	–	33,200	–	0.26%	–
USB	New	US BANCORP	$1,012,000	–	28,000	–	0.23%	–
ADP	New	AUTOMATIC DATA PROCESSING INC	$737,000	–	10,700	–	0.17%	–
AXP	New	AMERICAN EXPRESS CO	$710,000	–	9,500	–	0.16%	–
MMM	New	3M CO	$634,000	–	5,800	–	0.14%	–
COST	New	COSTCO WHOLESALES CORP.	$166,000	–	1,500	–	0.04%	–

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