OSBORNE PARTNERS CAPITAL MANAGEMENT Information

580 CALIFORNIA STREET STE 1900, SAN FRANCISCO, California, 94104, (415) 362-5637

Report Date: 03/31/2014

Position Statistics

Total Positions 182
New Positions 4
Increased Positions 40
Decreased Positions 89
Positions with Activity 129
Sold Out Positions 2
Total Mkt Value (in $ millions) 761

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

Sector Weighting

Basic Materials 3.59%
Capital Goods 2.41%
Conglomerates
Consumer Cyclical 0.79%
Consumer/Non-Cyclical 10.09%
Energy 9.89%
Financial 24.51%
Healthcare 8.99%
Services 15.91%
Technology 15.83%
Transportation 1.76%
Utilities 3.04%

182 Positions as of 03/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
WELLS FARGO & CO NEW COM 27,527 134 .49 562,583
PROCTER & GAMBLE CO COM 25,457 50 .20 311,365
SPDR S&P 500 ETF TR TR UNIT 25,001 30 .12 134,132
EXXON MOBIL CORP COM 23,912 -140 (0.58) 238,117
DANAHER CORP DEL COM 18,532 -162 (0.87) 254,386
SCHLUMBERGER LTD COM 17,182 1 .01 171,978
MICROSOFT CORP COM 17,053 -349 (2) 426,206
POWERSHARES ETF TRUST FTSE RAFI 1000 16,415 -607 (3.57) 194,025
GENERAL ELECTRIC CO COM 16,217 -52 (0.32) 610,577
JPMORGAN CHASE & CO COM 16,116 14 .09 291,853
DISNEY WALT CO COM DISNEY 15,416 -176 (1.13) 192,721
CHEVRON CORP NEW COM 14,481 -421 (2.83) 117,088
PEPSICO INC COM 14,341 -151 (1.04) 167,631
APPLE INC COM 14,000 -30 (0.22) 26,670
ORACLE CORP COM 13,631 -262 (1.89) 340,105
POWERSHARES ETF TRUST DWA MOMENTUM PTF 13,029 -105 (0.8) 355,292
JOHNSON & JOHNSON COM 12,538 -75 (0.6) 126,698
QUALCOMM INC COM 12,357 88 .72 151,959
AMERICAN EXPRESS CO COM 12,170 -101 (0.83) 141,152
TRAVELERS COMPANIES INC COM 12,024 63 .53 138,713