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Institutional Investment Manager
Cheviot Value Management, LLC
Cheviot Value Management, LLC (CIK: 0001427147) incorporated in California, located at 433 N. Camden Dr., Beverly Hills, CA. Institutional holdings reported to the SEC.

Institutional Holdings (2014Q2)
Portfolio Summary: 35 holdings with a total value of $187,273,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 BERKSHIRE HATHAWAY INC DEL 207,847 26,305,000 14.05%
2 Vaneck Vectors Gold 597,720 15,810,000 8.44%
3 CENTRAL FD CDA LTD 891,108 12,957,000 6.92%
4 JOHNSON & JOHNSON 121,467 12,708,000 6.79%
5 MICROSOFT CORP 269,680 11,246,000 6.01%
6 NEWMONT CORP 406,556 10,343,000 5.52%
7 AMERICAN INTL GROUP INC 150,305 8,204,000 4.38%
8 WAL-MART STORES INC 107,380 8,061,000 4.30%
9 MEDTRONIC INC 122,516 7,812,000 4.17%
10 PAN AMERN SILVER CORP 489,263 7,510,000 4.01%
11 PFIZER INC 197,355 5,857,000 3.13%
12 MERCK & CO INC 95,720 5,537,000 2.96%
13 CHESAPEAKE ENERGY CORP 170,152 5,288,000 2.82%
14 ABBVIE INC 81,894 4,622,000 2.47%
15 ABBOTT LABS 102,542 4,194,000 2.24%
16 MARKEL CORP 5,729 3,756,000 2.01%
17 CVS HEALTH CORP 45,819 3,453,000 1.84%
18 DirectTV Com 37,975 3,228,000 1.72%
19 COCA COLA CO 75,526 3,199,000 1.71%
20 BECTON DICKINSON & CO 25,063 2,965,000 1.58%
21 CONOCOPHILLIPS 33,444 2,867,000 1.53%
22 MCDONALDS CORP 27,966 2,817,000 1.50%
23 FAIRFAX FINANCIAL HOLDINGS LTD 5,786 2,734,000 1.46%
24 APPLE INC 28,429 2,642,000 1.41%
25 AGNICO EAGLE MINES LTD 64,015 2,452,000 1.31%
26 LEUCADIA NATIONAL CO 91,104 2,389,000 1.28%
27 CHEVRON CORP NEW 15,578 2,034,000 1.09%
28 TRANSOCEAN LTD 39,962 1,799,000 0.96%
29 LABORATORY CORP AMER HLDGS 16,729 1,713,000 0.91%
30 PHILLIPS 66 17,151 1,379,000 0.74%
31 PLUM CREEK TIMBER 13,950 629,000 0.34%
32 BERKSHIRE HATHAWAY INC DEL 2 380,000 0.20%
33 SEVENTY SEVEN ENERGY INC - escrow shares 11,904 280,000 0.15%
34 CRIMSON WINE GROUP 10,734 97,000 0.05%
35 GOLDEN STAR RES LIMITED CDA 11,000 6,000 0.00%

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001140361-14-032253, filed 2014.08.13).

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.