John D. Spears / Portfolio / 2016-Q4

    Company Shares Market value Share price
    Cisco Systems Inc 11M $347M $30
    Johnson & Johnson 2.4M $275M $115
    Berkshire Hathaway Inc. 1.1K $266M $244K
    The Bank of New York Mellon Corporation 4.7M $223M $47
    Wells Fargo & Company 3.8M $209M $55
    Halliburton Company 3.6M $193M $54
    Devon Energy Corporation 3.5M $162M $46
    Philip Morris International Inc. 1.3M $116M $91
    3M Company 640K $114M $179
    Alphabet Inc. 134K $106M $792
    ConocoPhillips 2.1M $105M $50
    Alphabet Inc. 127K $98M $772
    MRC Global Inc. 4.8M $97M $20
    Baxter International Inc. 2.2M $95M $44
    Emerson Electric Co. 1.4M $77M $56
    Comcast Corporation 906K $63M $69
    AGCO Corporation 1M $59M $58
    Berkshire Hathaway Inc. 302K $49M $163
    International Business Machines Corporation 275K $46M $166
    Avnet, Inc. 862K $41M $48
    Verizon Communications Inc. 722K $39M $53
    Union Pacific Corporation 347K $36M $104
    Phillips 66 394K $34M $86
    UNILEVER N V YORK SHS ADR 810K $33M $41
    Coca-Cola FEMSA, S.A.B. de C.V. 520K $33M $64
    Diageo plc 315K $33M $104
    U.S. Bancorp 540K $28M $51
    Mastercard Incorporated 266K $28M $103
    National Western Life Group, Inc. 88K $27M $311
    American Express Company 363K $27M $74
    Walmart Inc. 260K $18M $69
    TotalEnergies SE 327K $17M $51
    Novartis AG 217K $16M $73
    UniFirst Corporation 97K $14M $144
    TORCHMARK CORP 186K $14M $74
    Williams-Sonoma, Inc. 248K $12M $48
    AMERICAN NATIONAL INSURANCE CO 95K $12M $125
    Unilever PLC 282K $11M $41
    HSBC Holdings plc 179K $7.2M $40
    SHIRE PLC-ADR 36K $6.1M $170
    GLAXO SMITHKLINE PLC ADR 114K $4.4M $39
    GENERAL ELECTRIC CO 125K $3.9M $32
    Shell plc 49K $2.7M $54
    Shenandoah Telecommunications Company 80K $2.2M $27
    LEUCADIA NATIONAL CORP 75K $1.7M $23
    NOW Inc. 50K $1M $20
    CONNECTICUT WATER SERVICE INC 6.5K $362K $56
    Trustmark Corporation 7.2K $257K $36
    CKX Lands, Inc. 11K $117K $11

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