John D. Spears / Portfolio / 2016-Q1

    Company Shares Market value Share price
    Cisco Systems Inc 14M $390M $28
    Johnson & Johnson 3.4M $366M $108
    Berkshire Hathaway Inc. 1.2K $250M $213K
    Wells Fargo & Company 4.6M $224M $48
    The Bank of New York Mellon Corporation 5.1M $188M $37
    Halliburton Company 5.1M $183M $36
    Philip Morris International Inc. 1.8M $176M $98
    3M Company 1M $171M $167
    ConocoPhillips 2.7M $109M $40
    Alphabet Inc. 140K $107M $763
    Alphabet Inc. 140K $104M $745
    Devon Energy Corporation 3.8M $104M $27
    Baxter International Inc. 2.5M $102M $41
    Emerson Electric Co. 1.8M $101M $54
    BAXALTA INC 2.5M $101M $40
    Verizon Communications Inc. 1.6M $88M $54
    MRC Global Inc. 5.7M $75M $13
    Comcast Corporation 1.1M $67M $61
    Walmart Inc. 969K $66M $68
    International Business Machines Corporation 409K $62M $151
    Berkshire Hathaway Inc. 383K $54M $142
    Coca-Cola FEMSA, S.A.B. de C.V. 520K $43M $83
    UNILEVER N V YORK SHS ADR 894K $40M $45
    AGCO Corporation 770K $38M $50
    Union Pacific Corporation 461K $37M $80
    Illinois Tool Works Inc. 352K $36M $102
    Diageo plc 322K $35M $108
    Phillips 66 396K $34M $87
    Lockheed Martin Corporation 150K $33M $222
    Avnet, Inc. 671K $30M $44
    Mastercard Incorporated 269K $25M $95
    U.S. Bancorp 540K $22M $41
    National Western Life Group, Inc. 90K $21M $231
    UniFirst Corporation 188K $21M $109
    GENERAL ELECTRIC CO 633K $20M $32
    Novartis AG 238K $17M $72
    AMERICAN NATIONAL INSURANCE CO 145K $17M $116
    TotalEnergies SE 368K $17M $45
    American Express Company 260K $16M $61
    Unilever PLC 285K $13M $45
    TORCHMARK CORP 192K $10M $54
    HSBC Holdings plc 173K $5.4M $31
    GLAXO SMITHKLINE PLC ADR 116K $4.7M $41
    Shell plc 54K $2.6M $48
    Shenandoah Telecommunications Company 80K $2.1M $27
    NATIONAL OILWELL VARCO 54K $1.7M $31
    LEUCADIA NATIONAL CORP 83K $1.3M $16
    NOW Inc. 71K $1.3M $18
    CONNECTICUT WATER SERVICE INC 6.5K $292K $45
    CKX Lands, Inc. 11K $111K $10

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