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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 (2016Q4)
Portfolio Summary: 27 holdings with a total value of $329,835,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 BERKSHIRE HATHAWAY INC DEL 726 177,232,000 53.73%
2 WELLS FARGO & CO NEW 800,310 44,105,000 13.37%
3 INTERNATIONAL BUSINESS MACHS 178,500 29,629,000 8.98%
4 CISCO SYS INC 375,900 11,360,000 3.44%
5 VISA INC 101,598 7,927,000 2.40%
6 JOHNSON & JOHNSON 49,680 5,724,000 1.74%
7 ALPHABET INC 6,980 5,531,000 1.68%
8 NOVO-NORDISK A S 138,280 4,959,000 1.50%
9 DANAHER CORP DEL 59,835 4,658,000 1.41%
10 MEDTRONIC PLC 65,130 4,639,000 1.41%
11 DAVITA INC 67,360 4,325,000 1.31%
12 3M CO 22,000 3,929,000 1.19%
13 PRAXAIR INC 28,600 3,352,000 1.02%
14 SANOFI 82,110 3,321,000 1.01%
15 ROPER TECHNOLOGIES INC 15,600 2,856,000 0.87%
16 KRAFT HEINZ CO 28,972 2,530,000 0.77%
17 INTUITIVE SURGICAL INC 3,780 2,397,000 0.73%
18 ECOLAB INC 16,296 1,910,000 0.58%
19 REPUBLIC SVCS INC 32,200 1,837,000 0.56%
20 FORTIVE CORP 29,917 1,604,000 0.49%
21 US BANCORP DEL 27,200 1,397,000 0.42%
22 ABBOTT LABS 32,870 1,263,000 0.38%
23 AUTOMATIC DATA PROCESSING IN 10,400 1,069,000 0.32%
24 MONDELEZ INTL INC 20,898 926,000 0.28%
25 APPLE INC 7,975 924,000 0.28%
26 COSTCO WHSL CORP NEW 1,400 224,000 0.07%
27 CDK GLOBAL INC 3,466 207,000 0.06%

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001423673-17-000002, filed 2017.02.15).

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.