HORAN CAPITAL MANAGEMENT Information

230 SCHILLING CIRCLE, HUNT VALLEY, Maryland, 21031, (410) 494-4380

Report Date: 06/30/2014

Position Statistics

Total Positions 39
New Positions 2
Increased Positions 15
Decreased Positions 24
Positions with Activity 39
Sold Out Positions 2
Total Mkt Value (in $ millions) 297

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials 1.32%
Capital Goods 4.24%
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical 8.93%
Energy 5.71%
Financial 30.33%
Healthcare 6.7%
Services 14.19%
Technology 24.55%
Transportation 3.64%
Utilities

39 Positions as of 06/30/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
BERKSHIRE HATHAWAY INC DEL CL B NEW 21,398 -336 (1.54) 166,692
CANADIAN NAT RES LTD COM 16,979 -4,383 (20.52) 381,115
MICROSOFT CORP COM 16,272 -315 (1.9) 370,071
WELLS FARGO & CO NEW COM 14,604 -304 (2.04) 283,030
NATIONAL OILWELL VARCO INC COM 12,602 306 2.49 148,781
GOOGLE INC CL C 12,074 7,816 183.58 20,443
VISA INC COM CL A 11,976 715 6.35 55,903
GENERAL ELECTRIC CO COM 11,821 1,061 9.86 461,947
CISCO SYS INC COM 11,543 -423 (3.53) 445,329
PEPSICO INC COM 11,172 -286 (2.5) 122,806
WAL-MART STORES INC COM 11,123 1,191 11.99 146,913
SYSCO CORP COM 11,054 70 .64 301,861
BANK OF AMERICA CORPORATION COM 10,826 954 9.66 698,442
US BANCORP DEL COM NEW 10,734 -674 (5.91) 252,152
INTERNATIONAL BUSINESS MACHS COM 9,573 516 5.70 48,896
APPLIED MATLS INC COM 9,554 -447 (4.47) 447,288
ORACLE CORP COM 9,331 -311 (3.23) 230,114
AMAZON COM INC COM 9,280 9,280 New 28,962
PFIZER INC COM 9,275 -248 (2.6) 308,142
PROCTER & GAMBLE CO COM 8,812 164 1.90 111,174