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Institutional Investment Manager
Hikari Tsushin, Inc.
Hikari Tsushin, Inc. (CIK: 0001423673), located at Hikari West Gate Bldg., 4f, Tokyo, M0. Institutional holdings reported to the SEC.

Institutional Holdings (2014Q3)
Portfolio Summary: 39 holdings with a total value of $537,269,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 BERKSHIRE HATHAWAY INC DEL 746 154,347,000 28.73%
2 WELLS FARGO & CO NEW 1,492,160 77,398,000 14.41%
3 COCA COLA CO 936,960 39,971,000 7.44%
4 INTERNATIONAL BUSINESS MACHS 140,300 26,633,000 4.96%
5 MICROSOFT CORP 394,100 18,270,000 3.40%
6 DAVITA INC 221,280 16,184,000 3.01%
7 NOVO-NORDISK A S 338,900 16,138,000 3.00%
8 JOHNSON & JOHNSON 140,840 15,012,000 2.79%
9 ISHARES NASDAQ BIOTECHNOLOGY ETF 25,230 14,846,000 2.76%
10 SANOFI 243,700 13,752,000 2.56%
11 MEDTRONIC INC 219,300 13,586,000 2.53%
12 WAL-MART STORES INC 144,800 12,755,000 2.37%
13 NATIONAL OILWELL 154,660 11,770,000 2.19%
14 DEERE & CO 130,680 10,714,000 1.99%
15 CISCO SYS INC 375,900 9,461,000 1.76%
16 QUALCOMM INC 118,100 8,830,000 1.64%
17 INTUITIVE SURGICAL INC 17,540 8,100,000 1.51%
18 MONSANTO CO NEW 66,940 7,531,000 1.40%
19 VISA INC 35,000 7,468,000 1.39%
20 VARIAN MED SYS I 89,850 7,199,000 1.34%
21 CONOCOPHILLIPS 84,300 6,451,000 1.20%
22 ABBVIE INC 106,000 6,123,000 1.14%
23 JPMORGAN CHASE & CO 94,971 5,721,000 1.06%
24 ABBOTT LABS 123,800 5,149,000 0.96%
25 UNITED TECHNOLOGIES CORP 34,800 3,675,000 0.68%
26 PROCTER AND GAMBLE CO 40,220 3,368,000 0.63%
27 KRAFT HEINZ CO COM 58,072 3,275,000 0.61%
28 MONDELEZ INTL INC 80,318 2,752,000 0.51%
29 ECOLAB INC 16,296 1,871,000 0.35%
30 EXXON MOBIL CORP 15,500 1,458,000 0.27%
31 GOOGLE INC 2,190 1,264,000 0.24%
32 REPUBLIC SVCS INC 32,200 1,256,000 0.23%
33 APPLE INC 11,420 1,151,000 0.21%
34 US BANCORP DEL 27,200 1,138,000 0.21%
35 AMERICAN EXPRESS CO 9,200 805,000 0.15%
36 3M CO 5,600 793,000 0.15%
37 AUTOMATIC DATA PROCESSING IN 10,400 758,000 0.14%
38 COSTCO WHSL CORP NEW 1,400 175,000 0.03%
39 MINDRAY MEDICAL INTL LTD 4,000 121,000 0.02%

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001423673-14-000010, filed 2014.11.12).

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.