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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
251 UNITED TECHNOLOGIES CORP 6,758 728,000 0.60%
252 BERKSHIRE HATHAWAY INC DEL 5,075 732,000 0.60%
253 COSTCO WHSL CORP NEW 4,540 754,000 0.62%
254 BRISTOL MYERS SQUIBB CO 9,890 756,000 0.62%
255 QUALCOMM INC 12,179 761,000 0.62%
256 HELMERICH & PAYNE INC 12,800 806,000 0.66%
257 PHILIP MORRIS INTL INC 8,410 819,000 0.67%
258 HERSHEY CO 7,978 863,000 0.71%
259 NORFOLK SOUTHERN CORP 9,615 867,000 0.71%
260 EQUINIX INC 2,325 869,000 0.71%
261 AETNA INC NEW 7,611 882,000 0.72%
262 WHOLE FOODS MKT INC 26,670 897,000 0.74%
263 TARGET CORP 12,597 948,000 0.78%
264 GILEAD SCIENCES INC 11,615 950,000 0.78%
265 ALPHABET INC 1,340 994,000 0.82%
266 PFIZER INC 28,179 1,038,000 0.85%
267 INTEL CORP 30,912 1,077,000 0.88%
268 SCHLUMBERGER LTD 13,807 1,103,000 0.91%
269 LOCKHEED MARTIN CORP 4,575 1,163,000 0.95%
270 CUMMINS INC 9,486 1,171,000 0.96%
271 NOVARTIS A G 14,883 1,234,000 1.01%
272 FEDEX CORP 7,830 1,260,000 1.03%
273 CATERPILLAR INC 15,052 1,266,000 1.04%
274 CLOROX CO DEL 9,794 1,283,000 1.05%
275 PEPSICO INC 12,572 1,351,000 1.11%
276 BB&T CORP 37,060 1,369,000 1.12%
277 AT&T INC 32,196 1,377,000 1.13%
278 UNITED PARCEL SERVICE INC 12,772 1,390,000 1.14%
279 MASTERCARD INCORPORATED 14,880 1,395,000 1.15%
280 DISNEY WALT CO 14,612 1,408,000 1.16%
281 ORACLE CORP 35,980 1,473,000 1.21%
282 CISCO SYS INC 47,978 1,476,000 1.21%
283 VISA INC 19,880 1,561,000 1.28%
284 VERIZON COMMUNICATIONS INC 29,152 1,613,000 1.32%
285 VANGUARD WHITEHALL FDS 22,893 1,675,000 1.37%
286 DUKE ENERGY CORP NEW 20,673 1,754,000 1.44%
287 AMGEN INC 10,320 1,761,000 1.45%
288 AUTOMATIC DATA PROCESSING IN 19,115 1,815,000 1.49%
289 ALPHABET INC 2,500 1,905,000 1.56%
290 MICROSOFT CORP 35,952 2,020,000 1.66%
291 PROCTER AND GAMBLE CO 26,109 2,205,000 1.81%
292 BOEING CO 16,375 2,226,000 1.83%
293 INTERNATIONAL BUSINESS MACHS 14,029 2,270,000 1.86%
294 MCDONALDS CORP 19,313 2,307,000 1.89%
295 GENERAL ELECTRIC CO 73,837 2,310,000 1.90%
296 AMAZON COM INC 3,315 2,442,000 2.00%
297 3M CO 14,761 2,631,000 2.16%
298 CHEVRON CORP NEW 25,898 2,648,000 2.17%
299 LOWES COS INC 36,775 2,970,000 2.44%
300 COCA COLA CO 70,604 3,064,000 2.51%
Page 6 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.