John D. Spears / Portfolio / 2013-Q4

    Company Shares Market value Share price
    Johnson & Johnson 4.3M $394M $92
    Banco Santander (Brasil) S.A. 49M $300M $6.1
    Halliburton Company 5.5M $280M $51
    Devon Energy Corporation 4.2M $262M $62
    Cisco Systems Inc 11M $248M $22
    Wells Fargo & Company 5.3M $241M $45
    Berkshire Hathaway Inc. 1.2K $211M $178K
    ConocoPhillips 3M $210M $71
    JOY GLOBAL 3.4M $196M $58
    Baxter International Inc. 2.6M $181M $70
    Philip Morris International Inc. 1.9M $167M $87
    GOOGLE 142K $159M $1.1K
    Emerson Electric Co. 2.2M $153M $70
    3M Company 1.1M $149M $140
    The Bank of New York Mellon Corporation 4.2M $148M $35
    Walmart Inc. 1.3M $99M $79
    TORCHMARK CORP 984K $77M $78
    Coca-Cola FEMSA, S.A.B. de C.V. 603K $73M $122
    COMCAST CORP SPECIAL CLASS A 1.4M $69M $50
    Union Pacific Corporation 397K $67M $168
    Berkshire Hathaway Inc. 413K $49M $119
    AMERICAN NATIONAL INSURANCE CO 401K $46M $115
    Diageo plc 338K $45M $132
    Sysco Corporation 1.1M $41M $36
    UNILEVER (UN) 982K $40M $40
    Mastercard Incorporated 43K $36M $835
    UniFirst Corporation 328K $35M $107
    Phillips 66 412K $32M $77
    Lockheed Martin Corporation 211K $31M $149
    Illinois Tool Works Inc. 353K $30M $84
    American Express Company 291K $26M $91
    NATIONAL OILWELL VARCO 331K $26M $80
    TotalEnergies SE 405K $25M $61
    Novartis AG 292K $23M $80
    CANADIAN NATURAL RESOURCES 671K $23M $34
    NATIONAL WESTERN LIFE INS CO 100K $22M $224
    U.S. Bancorp 540K $22M $40
    LEUCADIA NATIONAL CORP 629K $18M $28
    Unilever PLC 290K $12M $41
    Automatic Data Processing, Inc. 142K $11M $81
    HSBC Holdings plc 177K $9.7M $55
    GLAXO SMITHKLINE PLC, ADR 150K $8M $53
    Shell plc 53K $3.8M $71
    Shenandoah Telecommunications Company 40K $1M $26
    Federated Hermes, Inc. 29K $847K $29
    Brown & Brown, Inc. 14K $437K $31
    Canon Inc. 8.2K $263K $32
    Exxon Mobil Corporation 2.5K $256K $101
    CONNECTICUT WATER SERVICE INC 6.5K $230K $35

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