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Institutional Investment Manager
Kavar Capital Partners, LLC
Kavar Capital Partners, LLC (CIK: 0001758087) incorporated in Delaware, located at 11460 Tomahawk Creek Parkway, Leawood, KS. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q4)
Portfolio Summary: 98 holdings with a total value of $158,034,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 REYNOLDS AMERICAN INC 85,864 4,812,000 3.04%
2 PROCTER AND GAMBLE CO 51,515 4,331,000 2.74%
3 APPLE INC 36,535 4,231,000 2.68%
4 VANGUARD SPECIALIZED FUNDS 47,570 4,052,000 2.56%
5 BERKSHIRE HATHAWAY INC DEL 21,054 3,431,000 2.17%
6 ANHEUSER BUSCH INBEV SA/NV 31,250 3,295,000 2.08%
7 UNILEVER PLC 80,766 3,287,000 2.08%
8 CAPITOL FED FINL INC 197,409 3,249,000 2.06%
9 ALPHABET INC 3,978 3,152,000 1.99%
10 AT&T INC 72,683 3,091,000 1.96%
11 DIAGEO P L C 28,845 2,998,000 1.90%
12 MOLSON COORS BREWING CO 29,770 2,897,000 1.83%
13 BECTON DICKINSON & CO 17,396 2,880,000 1.82%
14 KRAFT HEINZ CO 32,850 2,868,000 1.81%
15 STARBUCKS CORP 50,265 2,791,000 1.77%
16 ALTRIA GROUP INC 41,262 2,790,000 1.77%
17 THERMO FISHER SCIENTIFIC INC 18,991 2,680,000 1.70%
18 PHILIP MORRIS INTL INC 29,223 2,674,000 1.69%
19 MONDELEZ INTL INC 58,869 2,610,000 1.65%
20 FIRST FINL BANCORP OH COM 90,600 2,578,000 1.63%
21 Snyders-Lance Inc 66,700 2,557,000 1.62%
22 DANAHER CORP DEL 31,996 2,491,000 1.58%
23 PEOPLE'S UNITED FIN 127,811 2,474,000 1.57%
24 BB&T CORP 52,462 2,467,000 1.56%
25 HARMAN INTL INDS INC 21,740 2,417,000 1.53%
26 NIKE INC 47,445 2,412,000 1.53%
27 Bridge Bancorp Inc 62,487 2,368,000 1.50%
28 DISNEY WALT CO 22,057 2,299,000 1.45%
29 GENERAL ELECTRIC CO 71,808 2,269,000 1.44%
30 SOUTHWEST AIRLS CO 45,523 2,269,000 1.44%
31 Aspen Insurance Holdingf 39,711 2,184,000 1.38%
32 JOHNSON & JOHNSON 18,909 2,179,000 1.38%
33 AMERICAN INTL GROUP INC 31,620 2,065,000 1.31%
34 BAXTER INTL INC 43,225 1,917,000 1.21%
35 AFLAC INC 27,325 1,902,000 1.20%
36 WALGREENS BOOTS ALLIANCE INC 22,266 1,843,000 1.17%
37 VERIZON COMMUNICATIONS INC 34,441 1,838,000 1.16%
38 TORONTO DOMINION BK ONT 36,175 1,785,000 1.13%
39 QUEST DIAGNOSTICS INC 19,425 1,785,000 1.13%
40 3M CO 9,906 1,769,000 1.12%
41 SCHWAB CHARLES CORP 44,822 1,769,000 1.12%
42 ABBVIE INC 28,221 1,767,000 1.12%
43 BROWN FORMAN CORP CL B 39,150 1,759,000 1.11%
44 SYSCO CORP 31,601 1,750,000 1.11%
45 AMERICAN EXPRESS CO 23,273 1,724,000 1.09%
46 CERNER CORP 36,228 1,716,000 1.09%
47 CARDINAL HEALTH INC 23,104 1,663,000 1.05%
48 GLAXOSMITHKLINE PLC 42,320 1,630,000 1.03%
49 MCDONALDS CORP 13,347 1,625,000 1.03%
50 EMERSON ELEC CO 28,431 1,585,000 1.00%
Page 1 of 2

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001606587-19-000572, filed 2019.05.16).

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.