Barton Investment Management Long-Term Concentrated

Location: West Conshohocken, PA

CIK: 0001387818 · Show all filings

Period: Q4 2016 (← Previous) (Next →)

Filing Date: Jan 24, 2017

Total Value: $301M (100.0% shares, 0.0% debt)

Holdings (41)

NFLX Netflix Inc 28.8%

Value $86.65M Shares 699,928 Share Price $123.80 * Est. Cost/Share $9.62 Unrealized @ Report Date +28.7%

AMZN Amazon.com 12.1%

Value $36.34M Shares 48,464 Share Price $749.86 * Est. Cost/Share $39.18 Unrealized @ Report Date -4.3%

— athenahealth Inc 7.6%

Value $22.8M Shares 216,835 Share Price $105.17 Est. Cost/Share $99.00 Unrealized @ Report Date —

EA Electronic Arts 7.4%

Value $22.39M Shares 284,219 Share Price $78.76 * Est. Cost/Share $31.44 Unrealized @ Report Date +143.6%

— Grubhub 6.6%

Value $19.72M Shares 524,275 Share Price $37.62 Est. Cost/Share $28.45 Unrealized @ Report Date —

AMT American Tower 6.3%

Value $18.82M Shares 178,077 Share Price $105.68 * Est. Cost/Share $62.28 Unrealized @ Report Date +35.5%

AL Air Lease Corp 5.0%

Value $15.17M Shares 441,896 Share Price $34.33 * Est. Cost/Share $25.46 Unrealized @ Report Date +16.4%

EQIX Equinix Inc 5.0%

Value $15.06M Shares 42,139 Share Price $357.39 * Est. Cost/Share $190.69 Unrealized @ Report Date +57.7%

PYPL Paypal Hldgs 4.0%

Value $12.18M Shares 308,486 Share Price $39.47 Est. Cost/Share $35.87 Unrealized @ Report Date +9.8%

QCOM Qualcomm 3.5%

Value $10.63M Shares 163,082 Share Price $65.19 * Est. Cost/Share $43.36 Unrealized @ Report Date +17.5%

SHOP Shopify Inc 2.0%

Value $6.136M Shares 143,140 Share Price $42.87 * Est. Cost/Share $4.14 Unrealized @ Report Date +3.4%

PANW Palo Alto Networks 1.5%

Value $4.49M Shares 35,913 Share Price $125.02 * Est. Cost/Share $24.18 Unrealized @ Report Date -13.8%

TROW T Rowe Price Group 1.1%

Value $3.194M Shares 42,448 Share Price $75.25 * Est. Cost/Share $48.19 Unrealized @ Report Date +12.2%

XOM Exxon Mobil 1.0%

Value $2.982M Shares 33,047 Share Price $90.24 * Est. Cost/Share $54.79 Unrealized @ Report Date +10.1%

BRK/A Berkshire Hathaway Class A 1/1 1.0%

Value $2.929M Shares 12 Share Price $244083.33 Est. Cost/Share $230816.08 Unrealized @ Report Date +5.8%

JNJ Johnson & Johnson 0.9%

Value $2.599M Shares 22,565 Share Price $115.18 * Est. Cost/Share $60.13 Unrealized @ Report Date +49.4%

— Alphabet Inc Class A 0.8%

Value $2.48M Shares 3,130 Share Price $792.33 Est. Cost/Share $792.33 Unrealized @ Report Date —

— Berkshire Hathaway Cl B 0.7%

Value $2.251M Shares 13,815 Share Price $162.94 Est. Cost/Share $162.94 Unrealized @ Report Date —

AXP American Express 0.6%

Value $1.782M Shares 24,067 Share Price $74.04 * Est. Cost/Share $60.98 Unrealized @ Report Date +7.0%

MSFT Microsoft 0.6%

Value $1.762M Shares 28,371 Share Price $62.11 * Est. Cost/Share $27.16 Unrealized @ Report Date +105.8%

DIS Disney Walt Co 0.3%

Value $803K Shares 7,712 Share Price $104.12 * Est. Cost/Share $56.67 Unrealized @ Report Date +72.1%

MRK Merck & Co Inc 0.2%

Value $731K Shares 12,424 Share Price $58.84 * Est. Cost/Share $33.83 Unrealized @ Report Date +25.8%

— Alphabet Inc Class C 0.2%

Value $698K Shares 905 Share Price $771.27 Est. Cost/Share $771.27 Unrealized @ Report Date —

— Anadarko Petroleum 0.2%

Value $690K Shares 9,900 Share Price $69.70 Est. Cost/Share $69.70 Unrealized @ Report Date —

PM Philip Morris Intl Inc 0.2%

Value $648K Shares 7,085 Share Price $91.46 * Est. Cost/Share $49.82 Unrealized @ Report Date +16.6%

ICUI I C U Medical 0.2%

Value $629K Shares 4,275 Share Price $147.13 Est. Cost/Share $66.13 Unrealized @ Report Date +122.8%

ABBV Abbvie Inc 0.2%

Value $615K Shares 9,828 Share Price $62.58 * Est. Cost/Share $26.55 Unrealized @ Report Date +61.6%

AAPL Apple Computer Inc 0.2%

Value $565K Shares 4,885 Share Price $115.66 * Est. Cost/Share $26.09 Unrealized @ Report Date +2.3%

NTRS Northern Trust Corporation 0.2%

Value $553K Shares 6,218 Share Price $88.94 * Est. Cost/Share $40.35 Unrealized @ Report Date +71.8%

WFC Wells Fargo & Co. New 0.2%

Value $473K Shares 8,600 Share Price $55.00 * Est. Cost/Share $29.43 Unrealized @ Report Date +45.7%

MO Altria Group Inc 0.2%

Value $455K Shares 6,740 Share Price $67.51 * Est. Cost/Share $19.66 Unrealized @ Report Date +82.9%

ORCL Oracle 0.1%

Value $437K Shares 11,375 Share Price $38.42 * Est. Cost/Share $27.58 Unrealized @ Report Date +21.7%

Value $437K Shares 3,280 Share Price $133.23 Est. Cost/Share $72.53 Unrealized @ Report Date —

ADP Auto Data Processing 0.1%

Value $411K Shares 4,000 Share Price $102.75 * Est. Cost/Share $76.76 Unrealized @ Report Date +10.6%

— HCP Inc 0.1%

Value $356K Shares 12,000 Share Price $29.67 Est. Cost/Share $29.67 Unrealized @ Report Date —

ABT Abbott Laboratories 0.1%

Value $345K Shares 8,994 Share Price $38.36 * Est. Cost/Share $33.65 Unrealized @ Report Date -3.1%

ADBE Adobe Systems 0.1%

Value $329K Shares 3,200 Share Price $102.81 Est. Cost/Share $64.14 Unrealized @ Report Date +60.5%

— Kinder Morgan 0.1%

Value $310K Shares 15,000 Share Price $20.67 Est. Cost/Share $35.09 Unrealized @ Report Date —

PFE Pfizer Incorporated 0.1%

Value $282K Shares 8,700 Share Price $32.41 * Est. Cost/Share $17.14 Unrealized @ Report Date +21.2%

CL Colgate-Palmolive Co 0.1%

Value $261K Shares 4,000 Share Price $65.25 * Est. Cost/Share $44.38 Unrealized @ Report Date +19.2%

CVX Chevron Texaco 0.1%

Value $245K Shares 2,088 Share Price $117.34 * Est. Cost/Share $58.09 Unrealized @ Report Date +38.0%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
NFLX	Netflix Inc	699,928	$86.65M	28.8%	$123.80 *	$9.62	+28.7%	COM	64110L106
AMZN	Amazon.com	48,464	$36.34M	12.1%	$749.86 *	$39.18	-4.3%	COM	023135106
—	athenahealth Inc	216,835	$22.8M	7.6%	$105.17	$99.00	—	COM	04685W103
EA	Electronic Arts	284,219	$22.39M	7.4%	$78.76 *	$31.44	+143.6%	COM	285512109
—	Grubhub	524,275	$19.72M	6.6%	$37.62	$28.45	—	COM	400110102
AMT	American Tower	178,077	$18.82M	6.3%	$105.68 *	$62.28	+35.5%	COM	03027X100
AL	Air Lease Corp	441,896	$15.17M	5.0%	$34.33 *	$25.46	+16.4%	COM	00912X302
EQIX	Equinix Inc	42,139	$15.06M	5.0%	$357.39 *	$190.69	+57.7%	COM	29444U700
PYPL	Paypal Hldgs	308,486	$12.18M	4.0%	$39.47	$35.87	+9.8%	COM	70450Y103
QCOM	Qualcomm	163,082	$10.63M	3.5%	$65.19 *	$43.36	+17.5%	COM	747525103
SHOP	Shopify Inc	143,140	$6.136M	2.0%	$42.87 *	$4.14	+3.4%	COM	82509L107
PANW	Palo Alto Networks	35,913	$4.49M	1.5%	$125.02 *	$24.18	-13.8%	COM	697435105
TROW	T Rowe Price Group	42,448	$3.194M	1.1%	$75.25 *	$48.19	+12.2%	COM	74144T108
XOM	Exxon Mobil	33,047	$2.982M	1.0%	$90.24 *	$54.79	+10.1%	COM	30231G102
BRK/A	Berkshire Hathaway Class A 1/1	12	$2.929M	1.0%	$244083.33	$230816.08	+5.8%	COM	084670108
JNJ	Johnson & Johnson	22,565	$2.599M	0.9%	$115.18 *	$60.13	+49.4%	COM	478160104
—	Alphabet Inc Class A	3,130	$2.48M	0.8%	$792.33	$792.33	—	COM	02079k305
—	Berkshire Hathaway Cl B	13,815	$2.251M	0.7%	$162.94	$162.94	—	COM	084670207
AXP	American Express	24,067	$1.782M	0.6%	$74.04 *	$60.98	+7.0%	COM	025816109
MSFT	Microsoft	28,371	$1.762M	0.6%	$62.11 *	$27.16	+105.8%	COM	594918104
DIS	Disney Walt Co	7,712	$803K	0.3%	$104.12 *	$56.67	+72.1%	COM	254687106
MRK	Merck & Co Inc	12,424	$731K	0.2%	$58.84 *	$33.83	+25.8%	COM	58933Y105
—	Alphabet Inc Class C	905	$698K	0.2%	$771.27	$771.27	—	COM	02079k107
—	Anadarko Petroleum	9,900	$690K	0.2%	$69.70	$69.70	—	COM	032511107
PM	Philip Morris Intl Inc	7,085	$648K	0.2%	$91.46 *	$49.82	+16.6%	COM	718172109
ICUI	I C U Medical	4,275	$629K	0.2%	$147.13	$66.13	+122.8%	COM	44930G107
ABBV	Abbvie Inc	9,828	$615K	0.2%	$62.58 *	$26.55	+61.6%	COM	00287Y109
AAPL	Apple Computer Inc	4,885	$565K	0.2%	$115.66 *	$26.09	+2.3%	COM	037833100
NTRS	Northern Trust Corporation	6,218	$553K	0.2%	$88.94 *	$40.35	+71.8%	COM	665859104
WFC	Wells Fargo & Co. New	8,600	$473K	0.2%	$55.00 *	$29.43	+45.7%	COM	949746101
MO	Altria Group Inc	6,740	$455K	0.2%	$67.51 *	$19.66	+82.9%	COM	02209S103
ORCL	Oracle	11,375	$437K	0.1%	$38.42 *	$27.58	+21.7%	COM	68389X105
—	Cigna	3,280	$437K	0.1%	$133.23	$72.53	—	COM	125509109
ADP	Auto Data Processing	4,000	$411K	0.1%	$102.75 *	$76.76	+10.6%	COM	053015103
—	HCP Inc	12,000	$356K	0.1%	$29.67	$29.67	—	COM	40414L109
ABT	Abbott Laboratories	8,994	$345K	0.1%	$38.36 *	$33.65	-3.1%	COM	002824100
ADBE	Adobe Systems	3,200	$329K	0.1%	$102.81	$64.14	+60.5%	COM	00724F101
—	Kinder Morgan	15,000	$310K	0.1%	$20.67	$35.09	—	COM	49455P101
PFE	Pfizer Incorporated	8,700	$282K	0.1%	$32.41 *	$17.14	+21.2%	COM	717081103
CL	Colgate-Palmolive Co	4,000	$261K	0.1%	$65.25 *	$44.38	+19.2%	COM	194162103
CVX	Chevron Texaco	2,088	$245K	0.1%	$117.34 *	$58.09	+38.0%	COM	166764100