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

202 S. MICHIGAN, SOUH BEND, Indiana, 46601, (574) 287-5977

Report Date: 12/31/2016

Position Statistics

Total Positions 150
New Positions 10
Increased Positions 52
Decreased Positions 48
Positions with Activity 100
Sold Out Positions 8
Total Mkt Value (in $ millions) 439

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

Sector Weighting

Energy 4.29%
Basic Materials 0.19%
Industrials 5.2%
Consumer Cyclicals 2.44%
Consumer Non-Cyclicals 4.58%
Financials 67.51%
Healthcare 6.26%
Technology 7.63%
Telecommunication Services 1.33%
Utilities 0.38%

150 Positions as of 12/31/2016

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
BERKSHIRE HATHAWAY INC DEL CL A 245,550 49,110 25 1,000
EXXON MOBIL CORP COM 10,538 3,070 41.10 130,598
MICROSOFT CORP COM 7,312 598 8.90 110,118
GENERAL ELECTRIC CO COM 7,222 297 4.29 244,401
JOHNSON & JOHNSON COM 6,795 -618 (8.34) 55,805
JPMORGAN CHASE & CO COM 6,214 -474 (7.09) 73,525
APPLE INC COM 5,777 26 .45 40,605
PROCTER AND GAMBLE CO COM 5,564 385 7.44 62,782
PFIZER INC COM 4,583 28 .62 136,230
INTEL CORP COM 4,296 7 .17 118,278
BOEING CO COM 4,187 -72 (1.69) 23,212
LILLY ELI & CO COM 3,991 New 48,740
BERKSHIRE HATHAWAY INC DEL CL B NEW 3,852 49 1.29 23,571
NORTHERN TR CORP COM 3,832 New 43,861
VERIZON COMMUNICATIONS INC COM 3,393 -190 (5.3) 71,801
CISCO SYS INC COM 3,330 33 1.00 101,450
ALPHABET INC CAP STK CL C 3,098 42 1.38 3,674
3M CO COM 2,991 -288 (8.79) 15,619
BLACKROCK MUN 2030 TAR TERM TR COM SHS BEN IN 2,968 23 .78 129,400
ALPHABET INC CAP STK CL A 2,658 New 3,094