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Institutional Investment Manager
Lourd Capital, LLC
Lourd Capital, LLC (CIK: 0001568190) incorporated in Delaware, located at 9777 Wilshire Blvd, Beverly Hills, CA. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q1)
Portfolio Summary: 113 holdings with a total value of $911,176,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 BERKSHIRE HATHAWAY INC DEL 2,633 562,014,000 61.68%
2 BERKSHIRE HATHAWAY INC DEL 386,271 54,804,000 6.01%
3 VANGUARD INDEX FDS 638,216 53,482,000 5.87%
4 VANGUARD INDEX FDS 507,514 51,706,000 5.67%
5 BANK AMER CORP 2,347,779 31,742,000 3.48%
6 COSTCO WHSL CORP NEW 181,560 28,610,000 3.14%
7 EXXON MOBIL CORP 247,260 20,668,000 2.27%
8 DAILY JOURNAL CORP 41,331 8,088,000 0.89%
9 INTERNATIONAL BUSINESS MACHS 47,856 7,248,000 0.80%
10 CHEVRON CORP NEW 70,766 6,751,000 0.74%
11 SPDR S&P MIDCAP 400 ETF TR 19,160 5,034,000 0.55%
12 FACEBOOK INC 42,903 4,895,000 0.54%
13 APPLE INC 32,527 3,545,000 0.39%
14 SPDR S&P 500 ETF TR 16,399 3,370,000 0.37%
15 NORDSTROM INC 45,058 2,578,000 0.28%
16 ISHARES TR 22,130 2,537,000 0.28%
17 GENERAL ELECTRIC CO 76,497 2,432,000 0.27%
18 WELLS FARGO & CO NEW 41,700 2,017,000 0.22%
19 LIONS GATE ENTERTAINMENT ORD 91,031 1,989,000 0.22%
20 ISHARES TR 17,537 1,940,000 0.21%
21 APACHE CORP 38,862 1,897,000 0.21%
22 VANGUARD INDEX FDS 16,855 1,767,000 0.19%
23 AMAZON COM INC 2,712 1,610,000 0.18%
24 COCA COLA CO 34,264 1,590,000 0.17%
25 MICROSOFT CORP 27,190 1,502,000 0.16%
26 FLEXSHARES IBOXX 3 Yr DURATION TIPS ETF 60,600 1,500,000 0.16%
27 PROCTER AND GAMBLE CO 17,619 1,450,000 0.16%
28 ISHARES TR 25,240 1,443,000 0.16%
29 FLEXSHARES IBOXX 5 Yr DURATION TIPS ETF 53,884 1,362,000 0.15%
30 VANGUARD INDEX FDS 6,969 1,314,000 0.14%
31 TIME WARNER INC 17,763 1,289,000 0.14%
32 JOHNSON & JOHNSON 11,623 1,258,000 0.14%
33 VANGUARD INDEX FDS 10,811 1,205,000 0.13%
34 AMERICAN EXPRESS CO 19,365 1,189,000 0.13%
35 POWERSHARES QQQ TRUST 10,435 1,140,000 0.13%
36 First Century Bankshares Inc 98,652 1,082,000 0.12%
37 DISNEY WALT CO 10,852 1,078,000 0.12%
38 SELECT SECTOR SPDR TR 15,211 1,031,000 0.11%
39 PFIZER INC 30,777 912,000 0.10%
40 AT&T INC 22,930 898,000 0.10%
41 DIAGEO P L C 7,702 831,000 0.09%
42 BRISTOL MYERS SQUIBB CO 12,233 781,000 0.09%
43 ALPHABET INC 1,012 772,000 0.08%
44 3M CO 4,613 769,000 0.08%
45 EXPEDIA INC DEL 7,056 761,000 0.08%
46 GRUBHUB INC 27,840 700,000 0.08%
47 SELECT SECTOR SPDR TR 30,829 694,000 0.08%
48 VERIZON COMMUNICATIONS INC 11,454 619,000 0.07%
49 SPDR BLOOMBERG INTERNATIONAL CORPORATE BOND ETF 18,285 601,000 0.07%
50 VANGUARD INDEX FDS 7,214 594,000 0.07%
Page 1 of 3

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001085146-16-003600, filed 2016.05.06).

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.