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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 (2016Q1)
Portfolio Summary: 36 holdings with a total value of $425,867,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 BERKSHIRE HATHAWAY INC DEL 726 154,965,000 36.39%
2 WELLS FARGO & CO NEW 898,510 48,843,000 11.47%
3 COCA COLA CO 853,173 39,579,000 9.29%
4 INTERNATIONAL BUSINESS MACHS 178,500 27,034,000 6.35%
5 MICROSOFT CORP 286,100 15,801,000 3.71%
6 NOVO-NORDISK A S 276,570 14,987,000 3.52%
7 ALPHABET INC 19,080 14,556,000 3.42%
8 JOHNSON & JOHNSON 99,360 10,751,000 2.52%
9 CISCO SYS INC 375,900 10,702,000 2.51%
10 DAVITA INC 134,730 9,886,000 2.32%
11 MEDTRONIC PLC 130,270 9,770,000 2.29%
12 VISA INC 101,598 7,770,000 1.82%
13 SANOFI 186,030 7,471,000 1.75%
14 PRAXAIR INC 45,900 5,253,000 1.23%
15 VARIAN MED SYS I 60,920 4,875,000 1.14%
16 INTUITIVE SURGICAL INC 7,570 4,550,000 1.07%
17 WAL-MART STORES INC 58,526 4,008,000 0.94%
18 PROSHARES TR 105,742 3,898,000 0.92%
19 3M CO 22,000 3,666,000 0.86%
20 ANHEUSER BUSCH INBEV SA/NV 27,670 3,449,000 0.81%
21 ABBVIE INC 59,550 3,401,000 0.80%
22 PROCTER AND GAMBLE CO 40,220 3,311,000 0.78%
23 PROSHARES TR 99,692 2,764,000 0.65%
24 ABBOTT LABS 65,750 2,750,000 0.65%
25 KRAFT HEINZ CO 28,972 2,276,000 0.53%
26 ECOLAB INC 16,296 1,817,000 0.43%
27 REPUBLIC SVCS INC 32,200 1,534,000 0.36%
28 UNION PAC CORP 18,500 1,472,000 0.35%
29 US BANCORP DEL 27,200 1,104,000 0.26%
30 AUTOMATIC DATA PROCESSING IN 10,400 933,000 0.22%
31 APPLE INC 7,975 869,000 0.20%
32 MONDELEZ INTL INC 20,898 838,000 0.20%
33 AMERICAN EXPRESS CO 9,200 565,000 0.13%
34 COSTCO WHSL CORP NEW 1,400 221,000 0.05%
35 CDK GLOBAL INC 3,466 161,000 0.04%
36 PROSHARES TR 1,000 37,000 0.01%

Portfolio data is normalized using SEC Form 13F filings, including the Restatement filing (0001423673-16-000016, filed 2016.05.25). Although 0001423673-16-000016 is marked by the manager as a New Holdings filing, our automated system processes it as a Restatement filing.

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.