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Institutional Investment Manager
PHYSICIANS FINANCIAL SERVICES, INC.
PHYSICIANS FINANCIAL SERVICES, INC. (CIK: 0001665518). Institutional holdings reported to the SEC.

Institutional Holdings (2016Q2)
Portfolio Summary: 302 holdings with a total value of $114,276,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 APPLE INC 63,394 6,060,000 5.30%
2 EXXON MOBIL CORP 54,854 5,142,000 4.50%
3 WAL-MART STORES INC 44,692 3,263,000 2.86%
4 JOHNSON & JOHNSON 26,510 3,216,000 2.81%
5 COCA COLA CO 68,492 3,105,000 2.72%
6 LOWES COS INC 35,605 2,819,000 2.47%
7 CHEVRON CORP NEW 25,185 2,640,000 2.31%
8 3M CO 14,586 2,554,000 2.23%
9 AMAZON COM INC 3,165 2,264,000 1.98%
10 MCDONALDS CORP 18,663 2,246,000 1.97%
11 GENERAL ELECTRIC CO 70,657 2,224,000 1.95%
12 PROCTER AND GAMBLE CO 24,174 2,047,000 1.79%
13 INTERNATIONAL BUSINESS MACHS 13,054 1,981,000 1.73%
14 BOEING CO 14,850 1,928,000 1.69%
15 DUKE ENERGY CORP NEW 20,294 1,741,000 1.52%
16 MICROSOFT CORP 33,992 1,739,000 1.52%
17 ALPHABET INC 2,405 1,691,000 1.48%
18 VANGUARD WHITEHALL FDS 22,893 1,636,000 1.43%
19 AUTOMATIC DATA PROCESSING IN 17,687 1,624,000 1.42%
20 VERIZON COMMUNICATIONS INC 28,530 1,593,000 1.39%
21 VISA INC 19,880 1,474,000 1.29%
22 AMGEN INC 9,465 1,440,000 1.26%
23 ORACLE CORP 34,330 1,405,000 1.23%
24 PEPSICO INC 12,588 1,333,000 1.17%
25 DISNEY WALT CO 13,612 1,332,000 1.17%
26 AT&T INC 30,680 1,325,000 1.16%
27 BB&T CORP 36,900 1,313,000 1.15%
28 UNITED PARCEL SERVICE INC 12,162 1,310,000 1.15%
29 MASTERCARD INCORPORATED 14,680 1,293,000 1.13%
30 CLOROX CO DEL 9,234 1,278,000 1.12%
31 NOVARTIS A G 14,933 1,232,000 1.08%
32 LOCKHEED MARTIN CORP 4,600 1,142,000 1.00%
33 CATERPILLAR INC 14,702 1,115,000 0.98%
34 SCHLUMBERGER LTD 13,707 1,084,000 0.95%
35 FEDEX CORP 7,080 1,075,000 0.94%
36 CISCO SYS INC 36,978 1,060,000 0.93%
37 CUMMINS INC 9,386 1,055,000 0.92%
38 PFIZER INC 27,004 951,000 0.83%
39 GILEAD SCIENCES INC 11,381 949,000 0.83%
40 INTEL CORP 28,577 937,000 0.82%
41 EQUINIX 2,325 901,000 0.79%
42 ALPHABET INC 1,280 886,000 0.78%
43 HERSHEY CO 7,578 860,000 0.75%
44 TARGET CORP 12,162 849,000 0.74%
45 WHOLE FOODS 25,970 832,000 0.73%
46 AETNA INC NEW 6,811 831,000 0.73%
47 HELMERICH & PAYNE INC 12,200 819,000 0.72%
48 NORFOLK SOUTHN CORP 9,415 801,000 0.70%
49 PHILIP MORRIS INTL INC 7,761 789,000 0.69%
50 COSTCO WHSL CORP NEW 4,540 713,000 0.62%
Page 1 of 7

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001665518-16-000003, filed 2016.07.14).

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.