WALTER & KEENAN FINANCIAL CONSULTING CO /MI/ /ADV Information

211 W WASHINGTON AVENUE, SOUH BEND, Indiana, 46601, (574) 287-5977

Report Date: 12/31/2014

Position Statistics

Total Positions 151
New Positions 7
Increased Positions 41
Decreased Positions 34
Positions with Activity 75
Sold Out Positions 11
Total Mkt Value (in $ millions) 242

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

Sector Weighting

Basic Materials 0.5%
Capital Goods 2.75%
Conglomerates 0.23%
Consumer Cyclical 1.71%
Consumer/Non-Cyclical 5.89%
Energy 7.55%
Financial 43.71%
Healthcare 9.15%
Services 11.15%
Technology 13.65%
Transportation 0.49%
Utilities 2.98%

151 Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
BERKSHIRE HATHAWAY INC DEL CL A 65,284 New 300
EXXON MOBIL CORP COM 7,950 -74 (0.92) 91,194
JOHNSON & JOHNSON COM 5,973 -427 (6.67) 58,757
GENERAL ELECTRIC CO COM 5,543 -93 (1.66) 216,016
JPMORGAN CHASE & CO COM 5,068 124 2.51 81,575
KINDER MORGAN INC DEL COM 4,753 372 8.50 115,810
MICROSOFT CORP COM 4,611 New 107,085
INTEL CORP COM 4,257 -171 (3.85) 124,778
PROCTER & GAMBLE CO COM 4,079 -135 (3.2) 48,356
APPLE INC COM 4,076 .00 31,712
WELLS FARGO & CO NEW COM 3,865 .01 70,496
LILLY ELI & CO COM 3,534 New 50,025
WAL-MART STORES INC COM 3,291 New 39,851
BERKSHIRE HATHAWAY INC DEL CL B NEW 3,039 New 20,970
PEPSICO INC COM 2,935 New 30,150
INTERNATIONAL BUSINESS MACHS COM 2,847 -638 (18.3) 17,861
3M CO COM 2,785 -251 (8.26) 16,660
NORTHERN TR CORP COM 2,741 New 39,513
WALGREENS BOOTS ALLIANCE INC COM 2,593 New 31,231
BOEING CO COM 2,581 1,073 71.14 16,719