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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 (2016Q3)
Portfolio Summary: 74 holdings with a total value of $163,717,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 BERKSHIRE HATHAWAY INC DEL 52,878 7,639,000 4.67%
2 VALMONT INDS INC 50,916 6,852,000 4.19%
3 PEPSICO INC 56,153 6,108,000 3.73%
4 APPLE INC 52,329 5,916,000 3.61%
5 EXXON MOBIL CORP 65,171 5,689,000 3.47%
6 UNITEDHEALTH GROUP INC 39,855 5,580,000 3.41%
7 DISNEY WALT CO 57,338 5,325,000 3.25%
8 NIKE INC 98,518 5,187,000 3.17%
9 ACCENTURE PLC IRELAND 41,650 5,089,000 3.11%
10 CHEVRON CORP NEW 48,922 5,035,000 3.08%
11 MICROSOFT CORP 83,982 4,837,000 2.95%
12 JOHNSON & JOHNSON 37,113 4,384,000 2.68%
13 WELLS FARGO & CO NEW 97,241 4,306,000 2.63%
14 PROCTER AND GAMBLE CO 47,208 4,237,000 2.59%
15 CISCO SYS INC 130,390 4,136,000 2.53%
16 INTEL CORP 109,415 4,130,000 2.52%
17 SCHLUMBERGER LTD 50,164 3,945,000 2.41%
18 UNITED TECHNOLOGIES CORP 36,365 3,695,000 2.26%
19 GENERAL ELECTRIC CO 123,332 3,653,000 2.23%
20 JPMORGAN CHASE & CO 54,794 3,648,000 2.23%
21 DANAHER CORP DEL 46,243 3,625,000 2.21%
22 BLACKROCK INC 9,240 3,349,000 2.05%
23 AMGEN INC 19,345 3,227,000 1.97%
24 US BANCORP DEL 73,679 3,160,000 1.93%
25 ABBVIE INC 48,600 3,066,000 1.87%
26 ORACLE CORP 76,628 3,010,000 1.84%
27 MCDONALDS CORP 25,221 2,910,000 1.78%
28 AT&T INC 68,765 2,792,000 1.71%
29 ABBOTT LABS 63,690 2,694,000 1.65%
30 ILLINOIS TOOL WKS INC 21,645 2,594,000 1.58%
31 BARD C R INC 11,538 2,588,000 1.58%
32 ALPHABET INC 3,265 2,538,000 1.55%
33 TARGET CORP 35,785 2,458,000 1.50%
34 VERIZON COMMUNICATIONS INC 44,692 2,323,000 1.42%
35 ALPHABET INC 2,783 2,238,000 1.37%
36 NEXTERA ENERGY INC 15,690 1,919,000 1.17%
37 QUALCOMM INC 22,653 1,552,000 0.95%
38 SPDR S&P 500 ETF TR 6,380 1,380,000 0.84%
39 COCA COLA CO 32,270 1,365,000 0.83%
40 SPDR S&P MIDCAP 400 ETF TR 4,770 1,347,000 0.82%
41 CVS HEALTH CORP 12,985 1,156,000 0.71%
42 INTERNATIONAL BUSINESS MACHS 4,912 781,000 0.48%
43 AMERICAN EXPRESS CO 12,035 771,000 0.47%
44 PFIZER INC 22,651 767,000 0.47%
45 LOWES COS INC 10,492 757,000 0.46%
46 TJX COS INC NEW 8,715 652,000 0.40%
47 ISHARES MSCI EAFE SMALL CAP IDX FD 11,850 621,000 0.38%
48 STARBUCKS CORP 9,956 539,000 0.33%
49 ISHARES TR 8,800 520,000 0.32%
50 MERCK & CO INC 7,440 464,000 0.28%
Page 1 of 2

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001006435-16-000020, filed 2016.11.07).

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.