BERKSHIRE ASSET MANAGEMENT LLC/PA Q4 2016 Filing

Filed January 26, 2017

Portfolio Value

$775.1M

Holdings

180

Report Date

Q4 2016

Filing Type

13F-HR

All Holdings (180 positions)

#	Stock	Shares	Value	% Portfolio
1	—JPMorgan	348,830	$30.1M	3.88%
2	WFCWells Fargo	429,052	$23.6M	3.05%
3	MSFTMicrosoft	375,767	$23.4M	3.01%
4	LEGLeggett & Platt	445,941	$21.8M	2.81%
5	JNJJohnson & Johnson	182,597	$21.0M	2.71%
6	—Cisco	694,889	$21.0M	2.71%
7	GISGeneral Mills	333,153	$20.6M	2.65%
8	—Waste Management	282,944	$20.1M	2.59%
9	—M&T Bank	126,914	$19.9M	2.56%
10	GEGeneral Electric	596,395	$18.8M	2.43%
11	—WP Carey	317,948	$18.8M	2.42%
12	KHCKraft Heinz	205,888	$18.0M	2.32%
13	PFEPfizer	553,034	$18.0M	2.32%
14	ABBVAbbVie	286,670	$18.0M	2.32%
15	AMGNAmgen	111,428	$16.3M	2.10%
16	PNCPNC	138,922	$16.2M	2.10%
17	KOCoca Cola	374,531	$15.5M	2.00%
18	PGProcter & Gamble	176,051	$14.8M	1.91%
19	TAT&T	334,616	$14.2M	1.84%
20	XOMExxon Mobil	155,819	$14.1M	1.81%
21	HONHoneywell	120,324	$13.9M	1.80%
22	BPBP ADR	360,664	$13.5M	1.74%
23	INTCIntel	339,516	$12.3M	1.59%
24	CBUCommunity Bank	193,271	$11.9M	1.54%
25	LMTLockheed Martin	45,824	$11.5M	1.48%
26	MCDMcDonald's	92,351	$11.2M	1.45%
27	QCOMQualcomm	163,706	$10.7M	1.38%
28	EMREmerson Electric	190,480	$10.6M	1.37%
29	MRKMerck	177,026	$10.4M	1.34%
30	TRVCCitigroup	171,599	$10.2M	1.32%
31	MDLZMondelez	223,158	$9.9M	1.28%
32	CBChubb Ltd	74,115	$9.8M	1.26%
33	NSCNorfolk Southern	87,116	$9.4M	1.21%
34	PPLPP&L Corp	261,423	$8.9M	1.15%
35	VBVanguard Small Cap	68,811	$8.9M	1.14%
36	ABTAbbott	228,302	$8.8M	1.13%
37	WMTWal-Mart	125,630	$8.7M	1.12%
38	NUENucor	145,317	$8.6M	1.12%
39	VOVanguard Mid Cap	61,455	$8.1M	1.04%
40	KMBKimberly-Clark	65,186	$7.4M	0.96%
41	TELTE Connectivity	105,339	$7.3M	0.94%
42	BMOBank of Montreal	94,592	$6.8M	0.88%
43	ADPADP	64,710	$6.7M	0.86%
44	BRK/BBerkshire Hathaway - B	39,895	$6.5M	0.84%
45	GPCGenuine Parts	65,110	$6.2M	0.80%
46	DISDisney	57,186	$6.0M	0.77%
47	HBANHuntington Bancshares	449,624	$5.9M	0.77%
48	MDTMedtronic	79,420	$5.7M	0.73%
49	PHMPulteGroup	281,205	$5.2M	0.67%
50	SPYS&P 500 Spiders	22,408	$5.0M	0.65%
51	—Viacom Cl B	131,831	$4.6M	0.60%
52	CMCSAComcast - A	63,535	$4.4M	0.57%
53	IBMIBM	25,375	$4.2M	0.54%
54	—Alphabet - C	4,615	$3.6M	0.46%
55	MOAltria Group	52,557	$3.6M	0.46%
56	USBUS Bancorp	68,469	$3.5M	0.45%
57	KSSKohls	70,770	$3.5M	0.45%
58	IWDiShares Russell 1000 Value	30,125	$3.4M	0.44%
59	BACBank of America	147,836	$3.3M	0.42%
60	4I1Philip Morris	30,165	$2.8M	0.36%
61	IWFiShares Russell 1000 Growth In	24,472	$2.6M	0.33%
62	VGKVanguard FTSE Europe	49,852	$2.4M	0.31%
63	ULUnilever PLC ADR	58,241	$2.4M	0.31%
64	COPConocoPhillips	45,976	$2.3M	0.30%
65	SYYSysco	40,620	$2.2M	0.29%
66	HDHome Depot	15,726	$2.1M	0.27%
67	ZTSZoetis	38,485	$2.1M	0.27%
68	AAPLApple Computer	17,693	$2.0M	0.26%
69	CVXChevron Texaco	17,361	$2.0M	0.26%
70	KELKellogg	26,809	$2.0M	0.25%
71	R6C2Royal Dutch Shell ADR B	30,375	$1.8M	0.23%
72	AEPAmerican Elec Power	25,762	$1.6M	0.21%
73	PGRProgressive	45,100	$1.6M	0.21%
74	ITWIllinois Tool Works	12,440	$1.5M	0.20%
75	PYPLPayPal Holdings	37,117	$1.5M	0.19%
76	RTN1USDRaytheon	10,003	$1.4M	0.18%
77	VEAVanguard FTSE Developed	38,190	$1.4M	0.18%
78	—Discovery - C	51,080	$1.4M	0.18%
79	VZVerizon	25,424	$1.4M	0.18%
80	AMZNAmazon	1,787	$1.3M	0.17%
81	—WCI Communities	54,372	$1.3M	0.16%
82	VIGVanguard Dividend Appreciation	14,723	$1.3M	0.16%
83	UNHUnitedhealth Group	7,805	$1.2M	0.16%
84	UPSUnited Parcel Service	10,507	$1.2M	0.16%
85	CECelanese - A	14,640	$1.2M	0.15%
86	PEPPepsico	10,881	$1.1M	0.15%
87	MMMMMM	6,002	$1.1M	0.14%
88	PWODPenns Woods Bancorp	21,196	$1.1M	0.14%
89	AIGAIG	16,350	$1.1M	0.14%
90	IWMiShares TR Russell 2000	7,804	$1.1M	0.14%
91	AQLTiShares Dividend Index Fund	11,396	$1.0M	0.13%
92	ORCLOracle	25,529	$982K	0.13%
93	GDGeneral Dynamics	5,492	$948K	0.12%
94	MRO*Marathon Oil	50,472	$874K	0.11%
95	FDXFedEx Corp	4,542	$846K	0.11%
96	—Synovus Financial	20,362	$836K	0.11%
97	PFISPeoples Financial Services	16,408	$799K	0.10%
98	AXPAmerican Express	10,771	$798K	0.10%
99	TXNTexas Instruments	10,212	$745K	0.10%
100	APDAir Products & Chemicals	5,174	$744K	0.10%

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