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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 (2016Q4)
Portfolio Summary: 304 holdings with a total value of $121,833,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 APPLE INC 64,422 6,632,000 5.44%
2 EXXON MOBIL CORP 58,086 5,281,000 4.33%
3 WAL-MART STORES INC 46,616 3,418,000 2.81%
4 JOHNSON & JOHNSON 26,485 3,305,000 2.71%
5 COCA COLA CO 70,604 3,064,000 2.51%
6 LOWES COS INC 36,775 2,970,000 2.44%
7 CHEVRON CORP NEW 25,898 2,648,000 2.17%
8 3M CO 14,761 2,631,000 2.16%
9 AMAZON COM INC 3,315 2,442,000 2.00%
10 GENERAL ELECTRIC CO 73,837 2,310,000 1.90%
11 MCDONALDS CORP 19,313 2,307,000 1.89%
12 INTERNATIONAL BUSINESS MACHS 14,029 2,270,000 1.86%
13 BOEING CO 16,375 2,226,000 1.83%
14 PROCTER AND GAMBLE CO 26,109 2,205,000 1.81%
15 MICROSOFT CORP 35,952 2,020,000 1.66%
16 ALPHABET INC 2,500 1,905,000 1.56%
17 AUTOMATIC DATA PROCESSING IN 19,115 1,815,000 1.49%
18 AMGEN INC 10,320 1,761,000 1.45%
19 DUKE ENERGY CORP NEW 20,673 1,754,000 1.44%
20 VANGUARD WHITEHALL FDS 22,893 1,675,000 1.37%
21 VERIZON COMMUNICATIONS INC 29,152 1,613,000 1.32%
22 VISA INC 19,880 1,561,000 1.28%
23 CISCO SYS INC 47,978 1,476,000 1.21%
24 ORACLE CORP 35,980 1,473,000 1.21%
25 DISNEY WALT CO 14,612 1,408,000 1.16%
26 MASTERCARD INCORPORATED 14,880 1,395,000 1.15%
27 UNITED PARCEL SERVICE INC 12,772 1,390,000 1.14%
28 AT&T INC 32,196 1,377,000 1.13%
29 BB&T CORP 37,060 1,369,000 1.12%
30 PEPSICO INC 12,572 1,351,000 1.11%
31 CLOROX CO DEL 9,794 1,283,000 1.05%
32 CATERPILLAR INC 15,052 1,266,000 1.04%
33 FEDEX CORP 7,830 1,260,000 1.03%
34 NOVARTIS A G 14,883 1,234,000 1.01%
35 CUMMINS INC 9,486 1,171,000 0.96%
36 LOCKHEED MARTIN CORP 4,575 1,163,000 0.95%
37 SCHLUMBERGER LTD 13,807 1,103,000 0.91%
38 INTEL CORP 30,912 1,077,000 0.88%
39 PFIZER INC 28,179 1,038,000 0.85%
40 ALPHABET INC 1,340 994,000 0.82%
41 GILEAD SCIENCES INC 11,615 950,000 0.78%
42 TARGET CORP 12,597 948,000 0.78%
43 WHOLE FOODS 26,670 897,000 0.74%
44 AETNA INC NEW 7,611 882,000 0.72%
45 EQUINIX 2,325 869,000 0.71%
46 NORFOLK SOUTHN CORP 9,615 867,000 0.71%
47 HERSHEY CO 7,978 863,000 0.71%
48 PHILIP MORRIS INTL INC 8,410 819,000 0.67%
49 HELMERICH & PAYNE INC 12,800 806,000 0.66%
50 QUALCOMM INC 12,179 761,000 0.62%
Page 1 of 7

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001665518-17-000001, filed 2017.01.17).

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.