Barton Investment Management Long-Term Concentrated

Location: West Conshohocken, PA

CIK: 0001387818 · Show all filings

Period: Q3 2017 (← Previous) (Next →)

Filing Date: Oct 30, 2017

Total Value: $422M (100.0% shares, 0.0% debt)

Holdings (42)

NFLX Netflix Inc 27.8%

Value $117M Shares 646,611 Share Price $181.35 * Est. Cost/Share $9.62 Unrealized @ Report Date +88.6%

AMZN Amazon.com 11.3%

Value $47.58M Shares 49,496 Share Price $961.35 * Est. Cost/Share $39.24 Unrealized @ Report Date +22.5%

EA Electronic Arts 8.2%

Value $34.49M Shares 292,179 Share Price $118.06 * Est. Cost/Share $32.45 Unrealized @ Report Date +253.8%

SHOP Shopify Inc 7.6%

Value $32.02M Shares 274,900 Share Price $116.49 * Est. Cost/Share $5.46 Unrealized @ Report Date +113.4%

— Grubhub 7.1%

Value $29.89M Shares 567,620 Share Price $52.66 Est. Cost/Share $29.05 Unrealized @ Report Date —

— athenahealth Inc 7.0%

Value $29.45M Shares 236,819 Share Price $124.36 Est. Cost/Share $101.90 Unrealized @ Report Date —

AMT American Tower 5.7%

Value $24.24M Shares 177,360 Share Price $136.68 * Est. Cost/Share $62.28 Unrealized @ Report Date +77.9%

PYPL Paypal Hldgs 5.3%

Value $22.2M Shares 346,737 Share Price $64.03 Est. Cost/Share $37.18 Unrealized @ Report Date +71.8%

EQIX Equinix Inc 4.9%

Value $20.51M Shares 45,948 Share Price $446.31 * Est. Cost/Share $201.52 Unrealized @ Report Date +89.1%

AL Air Lease Corp 4.8%

Value $20.29M Shares 476,115 Share Price $42.62 * Est. Cost/Share $26.00 Unrealized @ Report Date +42.3%

QCOM Qualcomm 1.6%

Value $6.665M Shares 128,568 Share Price $51.84 * Est. Cost/Share $43.36 Unrealized @ Report Date -3.7%

GOOGL Alphabet Inc Class A 1.5%

Value $6.395M Shares 6,568 Share Price $973.66 * Est. Cost/Share $47.07 Unrealized @ Report Date +2.7%

BRK/A Berkshire Hathaway Class A 1/100 0.8%

Value $3.297M Shares 12 Share Price $274750.00 Est. Cost/Share $230816.08 Unrealized @ Report Date +19.0%

TROW T Rowe Price Group 0.7%

Value $2.911M Shares 32,108 Share Price $90.66 * Est. Cost/Share $48.19 Unrealized @ Report Date +38.2%

JNJ Johnson & Johnson 0.7%

Value $2.841M Shares 21,852 Share Price $130.01 * Est. Cost/Share $60.13 Unrealized @ Report Date +71.9%

XOM Exxon Mobil 0.6%

Value $2.653M Shares 32,359 Share Price $81.99 * Est. Cost/Share $54.77 Unrealized @ Report Date +2.9%

— Berkshire Hathaway Cl B 0.6%

Value $2.533M Shares 13,815 Share Price $183.35 Est. Cost/Share $162.94 Unrealized @ Report Date —

AXP American Express 0.5%

Value $2.122M Shares 23,462 Share Price $90.44 * Est. Cost/Share $60.98 Unrealized @ Report Date +32.3%

MSFT Microsoft 0.5%

Value $2.082M Shares 27,946 Share Price $74.50 * Est. Cost/Share $27.16 Unrealized @ Report Date +150.9%

GOOG Alphabet Inc Class C 0.2%

Value $868K Shares 905 Share Price $959.12 * Est. Cost/Share $46.23 Unrealized @ Report Date +3.0%

ABBV Abbvie Inc 0.2%

Value $799K Shares 8,994 Share Price $88.84 * Est. Cost/Share $26.55 Unrealized @ Report Date +136.1%

ICUI I C U Medical 0.2%

Value $795K Shares 4,275 Share Price $185.96 Est. Cost/Share $66.13 Unrealized @ Report Date +181.0%

PM Philip Morris Intl Inc 0.2%

Value $787K Shares 7,085 Share Price $111.08 * Est. Cost/Share $49.82 Unrealized @ Report Date +45.4%

AAPL Apple Computer Inc 0.2%

Value $768K Shares 4,985 Share Price $154.06 * Est. Cost/Share $26.17 Unrealized @ Report Date +37.4%

VTI Vanguard Total Stock 0.2%

Value $730K Shares 5,635 Share Price $129.55 Est. Cost/Share $126.64 Unrealized @ Report Date +2.3%

MRK Merck & Co Inc 0.2%

Value $688K Shares 10,748 Share Price $64.01 * Est. Cost/Share $33.83 Unrealized @ Report Date +39.9%

DIS Disney Walt Co 0.2%

Value $684K Shares 6,942 Share Price $98.53 * Est. Cost/Share $56.67 Unrealized @ Report Date +64.0%

Value $640K Shares 3,425 Share Price $186.86 Est. Cost/Share $82.55 Unrealized @ Report Date —

ORCL Oracle 0.1%

Value $550K Shares 11,375 Share Price $48.35 * Est. Cost/Share $27.58 Unrealized @ Report Date +54.9%

NTRS Northern Trust Corporation 0.1%

Value $541K Shares 5,888 Share Price $91.88 * Est. Cost/Share $40.35 Unrealized @ Report Date +79.7%

KMI Kinder Morgan 0.1%

Value $480K Shares 25,000 Share Price $19.20 * Est. Cost/Share $12.30 Unrealized @ Report Date -1.4%

ABT Abbott Laboratories 0.1%

Value $480K Shares 8,994 Share Price $53.37 * Est. Cost/Share $33.65 Unrealized @ Report Date +37.1%

ADBE Adobe Systems 0.1%

Value $477K Shares 3,200 Share Price $149.06 Est. Cost/Share $64.14 Unrealized @ Report Date +132.6%

WFC Wells Fargo & Co. New 0.1%

Value $464K Shares 8,420 Share Price $55.11 * Est. Cost/Share $29.43 Unrealized @ Report Date +48.9%

ADP Auto Data Processing 0.1%

Value $437K Shares 4,000 Share Price $109.25 * Est. Cost/Share $76.76 Unrealized @ Report Date +19.6%

MO Altria Group Inc 0.1%

Value $427K Shares 6,740 Share Price $63.35 * Est. Cost/Share $19.66 Unrealized @ Report Date +76.2%

CVX Chevron Texaco 0.1%

Value $383K Shares 3,260 Share Price $117.48 * Est. Cost/Share $64.60 Unrealized @ Report Date +27.6%

PFE Pfizer Incorporated 0.1%

Value $311K Shares 8,700 Share Price $35.75 * Est. Cost/Share $17.14 Unrealized @ Report Date +37.2%

CL Colgate-Palmolive Co 0.1%

Value $291K Shares 4,000 Share Price $72.75 * Est. Cost/Share $44.38 Unrealized @ Report Date +35.0%

TFX Teleflex Incorporated 0.1%

Value $290K Shares 1,200 Share Price $241.67 * Est. Cost/Share $171.02 Unrealized @ Report Date +35.0%

— Energy Transfer Part Lp 0.1%

Value $260K Shares 14,189 Share Price $18.32 Est. Cost/Share $18.32 Unrealized @ Report Date —

— Dowdupont Inc 0.1%

Value $216K Shares 3,115 Share Price $69.34 Est. Cost/Share $69.34 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
NFLX	Netflix Inc	646,611	$117M	27.8%	$181.35 *	$9.62	+88.6%	COM	64110L106
AMZN	Amazon.com	49,496	$47.58M	11.3%	$961.35 *	$39.24	+22.5%	COM	023135106
EA	Electronic Arts	292,179	$34.49M	8.2%	$118.06 *	$32.45	+253.8%	COM	285512109
SHOP	Shopify Inc	274,900	$32.02M	7.6%	$116.49 *	$5.46	+113.4%	COM	82509L107
—	Grubhub	567,620	$29.89M	7.1%	$52.66	$29.05	—	COM	400110102
—	athenahealth Inc	236,819	$29.45M	7.0%	$124.36	$101.90	—	COM	04685W103
AMT	American Tower	177,360	$24.24M	5.7%	$136.68 *	$62.28	+77.9%	COM	03027X100
PYPL	Paypal Hldgs	346,737	$22.2M	5.3%	$64.03	$37.18	+71.8%	COM	70450Y103
EQIX	Equinix Inc	45,948	$20.51M	4.9%	$446.31 *	$201.52	+89.1%	COM	29444U700
AL	Air Lease Corp	476,115	$20.29M	4.8%	$42.62 *	$26.00	+42.3%	COM	00912X302
QCOM	Qualcomm	128,568	$6.665M	1.6%	$51.84 *	$43.36	-3.7%	COM	747525103
GOOGL	Alphabet Inc Class A	6,568	$6.395M	1.5%	$973.66 *	$47.07	+2.7%	COM	02079K305
BRK/A	Berkshire Hathaway Class A 1/100	12	$3.297M	0.8%	$274750.00	$230816.08	+19.0%	COM	084670108
TROW	T Rowe Price Group	32,108	$2.911M	0.7%	$90.66 *	$48.19	+38.2%	COM	74144T108
JNJ	Johnson & Johnson	21,852	$2.841M	0.7%	$130.01 *	$60.13	+71.9%	COM	478160104
XOM	Exxon Mobil	32,359	$2.653M	0.6%	$81.99 *	$54.77	+2.9%	COM	30231G102
—	Berkshire Hathaway Cl B	13,815	$2.533M	0.6%	$183.35	$162.94	—	COM	084670207
AXP	American Express	23,462	$2.122M	0.5%	$90.44 *	$60.98	+32.3%	COM	025816109
MSFT	Microsoft	27,946	$2.082M	0.5%	$74.50 *	$27.16	+150.9%	COM	594918104
GOOG	Alphabet Inc Class C	905	$868K	0.2%	$959.12 *	$46.23	+3.0%	COM	02079K107
ABBV	Abbvie Inc	8,994	$799K	0.2%	$88.84 *	$26.55	+136.1%	COM	00287Y109
ICUI	I C U Medical	4,275	$795K	0.2%	$185.96	$66.13	+181.0%	COM	44930G107
PM	Philip Morris Intl Inc	7,085	$787K	0.2%	$111.08 *	$49.82	+45.4%	COM	718172109
AAPL	Apple Computer Inc	4,985	$768K	0.2%	$154.06 *	$26.17	+37.4%	COM	037833100
VTI	Vanguard Total Stock	5,635	$730K	0.2%	$129.55	$126.64	+2.3%	COM	922908769
MRK	Merck & Co Inc	10,748	$688K	0.2%	$64.01 *	$33.83	+39.9%	COM	58933Y105
DIS	Disney Walt Co	6,942	$684K	0.2%	$98.53 *	$56.67	+64.0%	COM	254687106
—	Cigna	3,425	$640K	0.2%	$186.86	$82.55	—	COM	125509109
ORCL	Oracle	11,375	$550K	0.1%	$48.35 *	$27.58	+54.9%	COM	68389X105
NTRS	Northern Trust Corporation	5,888	$541K	0.1%	$91.88 *	$40.35	+79.7%	COM	665859104
KMI	Kinder Morgan	25,000	$480K	0.1%	$19.20 *	$12.30	-1.4%	COM	49456B101
ABT	Abbott Laboratories	8,994	$480K	0.1%	$53.37 *	$33.65	+37.1%	COM	002824100
ADBE	Adobe Systems	3,200	$477K	0.1%	$149.06	$64.14	+132.6%	COM	00724F101
WFC	Wells Fargo & Co. New	8,420	$464K	0.1%	$55.11 *	$29.43	+48.9%	COM	949746101
ADP	Auto Data Processing	4,000	$437K	0.1%	$109.25 *	$76.76	+19.6%	COM	053015103
MO	Altria Group Inc	6,740	$427K	0.1%	$63.35 *	$19.66	+76.2%	COM	02209S103
CVX	Chevron Texaco	3,260	$383K	0.1%	$117.48 *	$64.60	+27.6%	COM	166764100
PFE	Pfizer Incorporated	8,700	$311K	0.1%	$35.75 *	$17.14	+37.2%	COM	717081103
CL	Colgate-Palmolive Co	4,000	$291K	0.1%	$72.75 *	$44.38	+35.0%	COM	194162103
TFX	Teleflex Incorporated	1,200	$290K	0.1%	$241.67 *	$171.02	+35.0%	COM	879369106
—	Energy Transfer Part Lp	14,189	$260K	0.1%	$18.32	$18.32	—	COM	29278N103
—	Dowdupont Inc	3,115	$216K	0.1%	$69.34	$69.34	—	COM	26078J100