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Institutional Investment Manager
PIONEER TRUST BANK N A/OR
PIONEER TRUST BANK N A/OR (CIK: 0001006435) incorporated in Oregon, located at P O Box 2305, Salem, OR. Institutional holdings reported to the SEC.

Institutional Holdings (2015Q4)
Portfolio Summary: 74 holdings with a total value of $153,995,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 BERKSHIRE HATHAWAY INC DEL 52,328 6,909,000 4.49%
2 NIKE INC 100,470 6,280,000 4.08%
3 DISNEY WALT CO 57,771 6,071,000 3.94%
4 VALMONT INDS INC 55,736 5,909,000 3.84%
5 PEPSICO INC 55,363 5,531,000 3.59%
6 APPLE INC 49,496 5,210,000 3.38%
7 WELLS FARGO & CO NEW 89,836 4,884,000 3.17%
8 EXXON MOBIL CORP 61,437 4,789,000 3.11%
9 MICROSOFT CORP 84,787 4,704,000 3.05%
10 ACCENTURE PLC IRELAND 43,160 4,510,000 2.93%
11 UNITEDHEALTH GROUP INC 37,745 4,441,000 2.88%
12 DANAHER CORP DEL 45,978 4,271,000 2.77%
13 CHEVRON CORP NEW 46,927 4,221,000 2.74%
14 GENERAL ELECTRIC CO 130,117 4,053,000 2.63%
15 UNITED TECHNOLOGIES CORP 40,630 3,903,000 2.53%
16 PROCTER AND GAMBLE CO 46,238 3,672,000 2.38%
17 JOHNSON & JOHNSON 35,634 3,660,000 2.38%
18 INTEL CORP 104,265 3,592,000 2.33%
19 SCHLUMBERGER LTD 48,439 3,379,000 2.19%
20 CISCO SYS INC 120,970 3,285,000 2.13%
21 JPMORGAN CHASE & CO 47,689 3,149,000 2.04%
22 US BANCORP DEL 72,079 3,075,000 2.00%
23 ORACLE CORP 82,203 3,003,000 1.95%
24 MCDONALDS CORP 24,751 2,924,000 1.90%
25 BLACKROCK INC 8,550 2,912,000 1.89%
26 ABBOTT LABS 62,760 2,819,000 1.83%
27 AMGEN INC 16,940 2,750,000 1.79%
28 ABBVIE INC 43,835 2,597,000 1.69%
29 ALPHABET INC 3,185 2,417,000 1.57%
30 TARGET CORP 33,175 2,408,000 1.56%
31 AT&T INC 68,342 2,352,000 1.53%
32 BARD C R INC 12,353 2,340,000 1.52%
33 ALPHABET INC 2,779 2,162,000 1.40%
34 VERIZON COMMUNICATIONS INC 45,651 2,110,000 1.37%
35 ILLINOIS TOOL WKS INC 22,180 2,056,000 1.34%
36 INTERNATIONAL BUSINESS MACHS 13,217 1,819,000 1.18%
37 NEXTERA ENERGY INC 16,020 1,664,000 1.08%
38 COCA COLA CO 32,315 1,388,000 0.90%
39 WAL-MART STORES INC 22,328 1,368,000 0.89%
40 SPDR S&P MIDCAP 400 ETF TR 4,870 1,237,000 0.80%
41 SPDR S&P 500 ETF TR 5,860 1,195,000 0.78%
42 QUALCOMM INC 17,293 864,000 0.56%
43 LOWES COS INC 11,342 862,000 0.56%
44 CVS HEALTH CORP 8,520 833,000 0.54%
45 PFIZER INC 21,429 691,000 0.45%
46 STARBUCKS CORP 9,893 594,000 0.39%
47 ISHARES MSCI EAFE SMALL CAP IDX FD 11,870 593,000 0.39%
48 AMERICAN EXPRESS CO 8,345 581,000 0.38%
49 EMC 22,290 572,000 0.37%
50 ISHARES TR 8,800 517,000 0.34%
Page 1 of 2

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001006435-16-000013, filed 2016.01.21).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.