OSBORNE PARTNERS CAPITAL MANAGEMENT, LLC Information

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

Report Date: 12/31/2014

Position Statistics

Total Positions 187
New Positions 12
Increased Positions 68
Decreased Positions 76
Positions with Activity 144
Sold Out Positions 6
Total Mkt Value (in $ millions) 815

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

Sector Weighting

Basic Materials 2.47%
Capital Goods 2.8%
Conglomerates
Consumer Cyclical 0.62%
Consumer/Non-Cyclical 9.44%
Energy 8.08%
Financial 25.29%
Healthcare 9.27%
Services 17.13%
Technology 15.64%
Transportation 2.13%
Utilities 3.86%

187 Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
WELLS FARGO & CO NEW COM 29,635 160 .54 559,477
PROCTER & GAMBLE CO COM 27,172 -1 (0) 314,166
SPDR S&P 500 ETF TR TR UNIT 27,132 62 .23 133,829
EXXON MOBIL CORP COM 21,313 157 .74 234,335
APPLE INC COM 19,980 18 .09 183,066
DANAHER CORP DEL COM 18,732 -1,869 (9.07) 221,319
POWERSHARES ETF TRUST FTSE RAFI 1000 18,341 279 1.54 203,902
DISNEY WALT CO COM DISNEY 17,880 146 .82 190,278
MICROSOFT CORP COM 17,459 -239 (1.35) 409,261
JPMORGAN CHASE & CO COM 16,453 76 .46 292,754
PEPSICO INC COM 16,380 99 .61 169,350
CVS HEALTH CORP COM 16,366 270 1.68 162,325
SCHLUMBERGER LTD COM 15,737 1,588 11.23 186,128
POWERSHARES ETF TRUST DWA MOMENTUM PTF 15,530 30 .20 373,506
ORACLE CORP COM 14,726 165 1.13 339,317
UNION PAC CORP COM 14,625 203 1.41 121,009
GENERAL ELECTRIC CO COM 14,105 -101 (0.71) 578,561
NOVARTIS A G SPONSORED ADR 13,428 288 2.19 135,735
JOHNSON & JOHNSON COM 12,868 73 .57 126,047
TRAVELERS COMPANIES INC COM 12,511 -2,120 (14.49) 117,971