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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 (2016Q4)
Portfolio Summary: 93 holdings with a total value of $1,009,171,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 BERKSHIRE HATHAWAY INC DEL 2,255 550,493,000 54.55%
2 BERKSHIRE HATHAWAY INC DEL 926,147 150,943,000 14.96%
3 VANGUARD INDEX FDS 477,606 57,790,000 5.73%
4 BANK AMER CORP 2,344,405 51,811,000 5.13%
5 VANGUARD INDEX FDS 622,650 51,387,000 5.09%
6 COSTCO WHSL CORP NEW 181,540 29,066,000 2.88%
7 EXXON MOBIL CORP 246,772 22,274,000 2.21%
8 DAILY JOURNAL CORP 41,331 9,994,000 0.99%
9 CHEVRON CORP NEW 69,770 8,212,000 0.81%
10 INTERNATIONAL BUSINESS MACHS 47,686 7,915,000 0.78%
11 SPDR S&P MIDCAP 400 ETF TR 19,160 5,781,000 0.57%
12 APPLE INC 31,786 3,681,000 0.36%
13 SPDR S&P 500 ETF TR 12,792 2,859,000 0.28%
14 APACHE CORP 38,807 2,463,000 0.24%
15 GENERAL ELECTRIC CO 74,799 2,364,000 0.23%
16 WELLS FARGO & CO NEW 41,724 2,299,000 0.23%
17 ISHARES TR 16,434 2,216,000 0.22%
18 NORDSTROM INC 44,996 2,157,000 0.21%
19 VANGUARD INDEX FDS 17,276 1,992,000 0.20%
20 ISHARES TR 16,120 1,824,000 0.18%
21 AMAZON COM INC 2,362 1,771,000 0.18%
22 ISHARES MSCI EAFE SMALL CAP IDX FD 30,398 1,515,000 0.15%
23 ISHARES TR 25,088 1,448,000 0.14%
24 AMERICAN EXPRESS CO 19,289 1,429,000 0.14%
25 PROCTER AND GAMBLE CO 16,932 1,424,000 0.14%
26 MICROSOFT CORP 22,561 1,402,000 0.14%
27 COCA COLA CO 32,359 1,342,000 0.13%
28 POWERSHARES QQQ TRUST 9,066 1,074,000 0.11%
29 JOHNSON & JOHNSON 9,312 1,073,000 0.11%
30 GRUBHUB INC 27,457 1,033,000 0.10%
31 PFIZER INC 30,480 990,000 0.10%
32 AT&T INC 22,839 971,000 0.10%
33 IAC INTERACTIVECORP 14,867 963,000 0.10%
34 3M CO 5,001 893,000 0.09%
35 JPMORGAN CHASE & CO 28,075 887,000 0.09%
36 DIAGEO P L C 7,627 793,000 0.08%
37 ALPHABET INC 969 768,000 0.08%
38 JPMORGAN CHASE & CO 8,701 751,000 0.07%
39 BRISTOL MYERS SQUIBB CO 12,234 715,000 0.07%
40 VANGUARD INDEX FDS 7,214 671,000 0.07%
41 FACEBOOK INC 5,735 660,000 0.07%
42 ISHARES RUSSELL 2000 VALUE ETF 5,501 654,000 0.06%
43 TCW STRATEGIC INCOME FD INC 113,500 605,000 0.06%
44 ISHARES TR 2,641 594,000 0.06%
45 MASTERCARD INCORPORATED 5,477 566,000 0.06%
46 EXPEDIA INC DEL 4,962 562,000 0.06%
47 VERIZON COMMUNICATIONS INC 10,253 547,000 0.05%
48 AUTOMATIC DATA PROCESSING IN 5,299 545,000 0.05%
49 ALPHABET INC 705 544,000 0.05%
50 ACCENTURE PLC IRELAND 4,627 542,000 0.05%
Page 1 of 2

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001085146-17-000058, filed 2017.01.09).

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.