Dark
Light
System
Institutional Investment Manager
Birch Hill Investment Advisors LLC
Birch Hill Investment Advisors LLC (CIK: 0001424177) incorporated in Massachusetts, located at One International Place, Boston, MA. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q3)
Portfolio Summary: 129 holdings with a total value of $1,077,057,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 AMAZON COM INC 59,616 49,917,000 4.63%
2 GENTEX CORP 2,519,408 44,241,000 4.11%
3 MARSH & MCLENNAN COS INC 623,673 41,942,000 3.89%
4 FISERV INC 403,086 40,095,000 3.72%
5 SYNCHRONY FINL 1,408,366 39,434,000 3.66%
6 TJX COS INC NEW 489,753 36,624,000 3.40%
7 ZIMMER BIOMET HLDGS INC 278,450 36,204,000 3.36%
8 ECOLAB INC 296,459 36,085,000 3.35%
9 CELGENE CORP 333,813 34,894,000 3.24%
10 MICROSOFT CORP 592,237 34,113,000 3.17%
11 MERCK & CO INC 524,360 32,725,000 3.04%
12 JOHNSON & JOHNSON 269,647 31,853,000 2.96%
13 ALAPHABET INC 37,564 30,204,000 2.80%
14 SCHLUMBERGER LTD 372,593 29,301,000 2.72%
15 COMCAST CORP NEW 437,842 29,046,000 2.70%
16 Edwards Lifesciences Corp 236,570 28,521,000 2.65%
17 DONALDSON INC 745,389 27,825,000 2.58%
18 GRAINGER W W INC 110,453 24,834,000 2.31%
19 UNITED PARCEL SERVICE INC 222,361 24,317,000 2.26%
20 APPLE INC 202,252 22,865,000 2.12%
21 COSTCO WHSL CORP NEW 138,145 21,069,000 1.96%
22 GENERAL ELECTRIC CO 664,336 19,678,000 1.83%
23 PRICELINE GRP INC 13,122 19,309,000 1.79%
24 EBAY INC 575,490 18,934,000 1.76%
25 CAPITAL ONE FINL CORP 258,984 18,603,000 1.73%
26 WELLS FARGO & CO NEW 394,911 17,486,000 1.62%
27 Shire Pharmaceuticals PLC 89,512 17,353,000 1.61%
28 UNITED TECHNOLOGIES CORP 162,443 16,504,000 1.53%
29 ALPHABET INC 21,210 16,486,000 1.53%
30 CDK Global Inc. 233,982 13,421,000 1.25%
31 COLGATE PALMOLIVE CO 174,823 12,961,000 1.20%
32 Exxon Mobil Corp 145,557 12,704,000 1.18%
33 PEPSICO INC 105,045 11,426,000 1.06%
34 WABTEC 134,720 11,000,000 1.02%
35 BOSTON PROPERTIES 72,818 9,924,000 0.92%
36 MASTERCARD INCORPORATED 82,885 8,436,000 0.78%
37 LABORATORY CORP AMER HLDGS 59,829 8,225,000 0.76%
38 ORACLE CORPORATION 205,982 8,091,000 0.75%
39 CARNIVAL CORP 149,031 7,275,000 0.68%
40 FedEx Corp. 39,345 6,873,000 0.64%
41 MCCORMICK & CO INC 64,139 6,409,000 0.60%
42 JPMorgan Chase & Co 95,073 6,331,000 0.59%
43 BERKSHIRE HATHAWAY INC DEL 41,805 6,040,000 0.56%
44 ISHARES TR 26,179 5,696,000 0.53%
45 CVS HEALTH CORP 59,941 5,334,000 0.50%
46 POTASH CORP SASK INC 323,155 5,274,000 0.49%
47 PROCTER AND GAMBLE CO 55,892 5,016,000 0.47%
48 COCA COLA CO 105,396 4,460,000 0.41%
49 ISHARES TR 74,940 4,431,000 0.41%
50 Accenture PLC Cl A 33,350 4,075,000 0.38%
Page 1 of 3

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001172661-16-004224, filed 2016.11.14).

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.