Barton Investment Management Long-Term Concentrated

Location: West Conshohocken, PA

CIK: 0001387818 · Show all filings

Period: Q4 2017 (← Previous) (Next →)

Filing Date: Jan 18, 2018

Total Value: $456M (100.0% shares, 0.0% debt)

Holdings (41)

NFLX Netflix Inc 26.7%

Value $122M Shares 634,309 Share Price $191.96 * Est. Cost/Share $9.62 Unrealized @ Report Date +99.6%

AMZN Amazon.com 12.6%

Value $57.51M Shares 49,174 Share Price $1169.48 * Est. Cost/Share $39.24 Unrealized @ Report Date +49.0%

— Grubhub 9.0%

Value $41.07M Shares 572,030 Share Price $71.80 Est. Cost/Share $29.05 Unrealized @ Report Date —

— athenahealth Inc 6.8%

Value $31.06M Shares 233,474 Share Price $133.04 Est. Cost/Share $101.90 Unrealized @ Report Date —

EA Electronic Arts 6.7%

Value $30.6M Shares 291,279 Share Price $105.06 * Est. Cost/Share $32.45 Unrealized @ Report Date +214.8%

SHOP Shopify Inc 6.4%

Value $29.05M Shares 287,605 Share Price $101.00 * Est. Cost/Share $5.67 Unrealized @ Report Date +78.1%

PYPL Paypal Hldgs 5.6%

Value $25.73M Shares 349,467 Share Price $73.62 Est. Cost/Share $37.18 Unrealized @ Report Date +97.6%

AMT American Tower 5.5%

Value $25.08M Shares 175,779 Share Price $142.67 * Est. Cost/Share $62.28 Unrealized @ Report Date +86.6%

AL Air Lease Corp 5.0%

Value $22.92M Shares 476,529 Share Price $48.09 * Est. Cost/Share $26.00 Unrealized @ Report Date +60.9%

EQIX Equinix Inc 4.5%

Value $20.7M Shares 45,673 Share Price $453.22 * Est. Cost/Share $201.52 Unrealized @ Report Date +92.8%

QCOM Qualcomm 1.7%

Value $7.527M Shares 117,568 Share Price $64.02 * Est. Cost/Share $43.36 Unrealized @ Report Date +19.9%

GOOGL Alphabet Inc Class A 1.5%

Value $6.726M Shares 6,385 Share Price $1053.41 * Est. Cost/Share $47.07 Unrealized @ Report Date +11.1%

BL Blackline Inc 1.0%

Value $4.766M Shares 145,320 Share Price $32.80 Est. Cost/Share $35.01 Unrealized @ Report Date -6.3%

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

Value $3.571M Shares 12 Share Price $297583.33 Est. Cost/Share $230816.08 Unrealized @ Report Date +28.9%

TROW T Rowe Price Group 0.7%

Value $3.369M Shares 32,108 Share Price $104.93 * Est. Cost/Share $48.19 Unrealized @ Report Date +60.9%

JNJ Johnson & Johnson 0.7%

Value $3.032M Shares 21,702 Share Price $139.71 * Est. Cost/Share $60.13 Unrealized @ Report Date +85.8%

— Berkshire Hathaway Cl B 0.6%

Value $2.859M Shares 14,425 Share Price $198.20 Est. Cost/Share $164.43 Unrealized @ Report Date —

XOM Exxon Mobil 0.6%

Value $2.686M Shares 32,109 Share Price $83.65 * Est. Cost/Share $54.77 Unrealized @ Report Date +5.9%

MSFT Microsoft 0.5%

Value $2.391M Shares 27,946 Share Price $85.56 * Est. Cost/Share $27.16 Unrealized @ Report Date +189.6%

GOOG Alphabet Inc Class C 0.2%

Value $947K Shares 905 Share Price $1046.41 * Est. Cost/Share $46.23 Unrealized @ Report Date +12.3%

ABBV Abbvie Inc 0.2%

Value $870K Shares 8,994 Share Price $96.73 * Est. Cost/Share $26.55 Unrealized @ Report Date +158.7%

VTI Vanguard Total Stock Market 0.2%

Value $861K Shares 6,275 Share Price $137.21 Est. Cost/Share $127.38 Unrealized @ Report Date +7.8%

AAPL Apple Computer Inc 0.2%

Value $835K Shares 4,935 Share Price $169.20 * Est. Cost/Share $26.17 Unrealized @ Report Date +51.4%

ICUI I C U Medical 0.2%

Value $832K Shares 3,850 Share Price $216.10 Est. Cost/Share $66.13 Unrealized @ Report Date +226.6%

AXP American Express 0.2%

Value $814K Shares 8,195 Share Price $99.33 * Est. Cost/Share $60.98 Unrealized @ Report Date +45.8%

PM Philip Morris Intl Inc 0.2%

Value $749K Shares 7,085 Share Price $105.72 * Est. Cost/Share $49.82 Unrealized @ Report Date +39.7%

DIS Disney Walt Co 0.2%

Value $700K Shares 6,509 Share Price $107.54 * Est. Cost/Share $56.67 Unrealized @ Report Date +80.3%

Value $696K Shares 3,425 Share Price $203.21 Est. Cost/Share $82.55 Unrealized @ Report Date —

MRK Merck & Co Inc 0.1%

Value $605K Shares 10,748 Share Price $56.29 * Est. Cost/Share $33.83 Unrealized @ Report Date +24.0%

NTRS Northern Trust Corporation 0.1%

Value $588K Shares 5,888 Share Price $99.86 * Est. Cost/Share $40.35 Unrealized @ Report Date +96.2%

ADBE Adobe Systems 0.1%

Value $561K Shares 3,200 Share Price $175.31 Est. Cost/Share $64.14 Unrealized @ Report Date +173.2%

ORCL Oracle 0.1%

Value $538K Shares 11,375 Share Price $47.30 * Est. Cost/Share $27.58 Unrealized @ Report Date +52.0%

ABT Abbott Laboratories 0.1%

Value $513K Shares 8,994 Share Price $57.04 * Est. Cost/Share $33.65 Unrealized @ Report Date +47.4%

WFC Wells Fargo & Co. New 0.1%

Value $511K Shares 8,420 Share Price $60.69 * Est. Cost/Share $29.43 Unrealized @ Report Date +65.0%

MO Altria Group Inc 0.1%

Value $481K Shares 6,740 Share Price $71.36 * Est. Cost/Share $19.66 Unrealized @ Report Date +100.2%

ADP Auto Data Processing 0.1%

Value $469K Shares 4,000 Share Price $117.25 * Est. Cost/Share $76.76 Unrealized @ Report Date +28.9%

CVX Chevron Texaco 0.1%

Value $408K Shares 3,260 Share Price $125.15 * Est. Cost/Share $64.60 Unrealized @ Report Date +37.2%

PFE Pfizer Incorporated 0.1%

Value $315K Shares 8,700 Share Price $36.21 * Est. Cost/Share $17.14 Unrealized @ Report Date +40.5%

CL Colgate-Palmolive Co 0.1%

Value $302K Shares 4,000 Share Price $75.50 * Est. Cost/Share $44.38 Unrealized @ Report Date +40.5%

TFX Teleflex Incorporated 0.1%

Value $299K Shares 1,200 Share Price $249.17 * Est. Cost/Share $171.02 Unrealized @ Report Date +39.0%

— Dowdupont Inc 0.0%

Value $222K Shares 3,115 Share Price $71.27 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	634,309	$122M	26.7%	$191.96 *	$9.62	+99.6%	COM	64110L106
AMZN	Amazon.com	49,174	$57.51M	12.6%	$1169.48 *	$39.24	+49.0%	COM	023135106
—	Grubhub	572,030	$41.07M	9.0%	$71.80	$29.05	—	COM	400110102
—	athenahealth Inc	233,474	$31.06M	6.8%	$133.04	$101.90	—	COM	04685W103
EA	Electronic Arts	291,279	$30.6M	6.7%	$105.06 *	$32.45	+214.8%	COM	285512109
SHOP	Shopify Inc	287,605	$29.05M	6.4%	$101.00 *	$5.67	+78.1%	COM	82509L107
PYPL	Paypal Hldgs	349,467	$25.73M	5.6%	$73.62	$37.18	+97.6%	COM	70450Y103
AMT	American Tower	175,779	$25.08M	5.5%	$142.67 *	$62.28	+86.6%	COM	03027X100
AL	Air Lease Corp	476,529	$22.92M	5.0%	$48.09 *	$26.00	+60.9%	COM	00912X302
EQIX	Equinix Inc	45,673	$20.7M	4.5%	$453.22 *	$201.52	+92.8%	COM	29444U700
QCOM	Qualcomm	117,568	$7.527M	1.7%	$64.02 *	$43.36	+19.9%	COM	747525103
GOOGL	Alphabet Inc Class A	6,385	$6.726M	1.5%	$1053.41 *	$47.07	+11.1%	COM	02079K305
BL	Blackline Inc	145,320	$4.766M	1.0%	$32.80	$35.01	-6.3%	COM	09239B109
BRK/A	Berkshire Hathaway Class A 1/100	12	$3.571M	0.8%	$297583.33	$230816.08	+28.9%	COM	084670108
TROW	T Rowe Price Group	32,108	$3.369M	0.7%	$104.93 *	$48.19	+60.9%	COM	74144T108
JNJ	Johnson & Johnson	21,702	$3.032M	0.7%	$139.71 *	$60.13	+85.8%	COM	478160104
—	Berkshire Hathaway Cl B	14,425	$2.859M	0.6%	$198.20	$164.43	—	COM	084670207
XOM	Exxon Mobil	32,109	$2.686M	0.6%	$83.65 *	$54.77	+5.9%	COM	30231G102
MSFT	Microsoft	27,946	$2.391M	0.5%	$85.56 *	$27.16	+189.6%	COM	594918104
GOOG	Alphabet Inc Class C	905	$947K	0.2%	$1046.41 *	$46.23	+12.3%	COM	02079K107
ABBV	Abbvie Inc	8,994	$870K	0.2%	$96.73 *	$26.55	+158.7%	COM	00287Y109
VTI	Vanguard Total Stock Market	6,275	$861K	0.2%	$137.21	$127.38	+7.8%	COM	922908769
AAPL	Apple Computer Inc	4,935	$835K	0.2%	$169.20 *	$26.17	+51.4%	COM	037833100
ICUI	I C U Medical	3,850	$832K	0.2%	$216.10	$66.13	+226.6%	COM	44930G107
AXP	American Express	8,195	$814K	0.2%	$99.33 *	$60.98	+45.8%	COM	025816109
PM	Philip Morris Intl Inc	7,085	$749K	0.2%	$105.72 *	$49.82	+39.7%	COM	718172109
DIS	Disney Walt Co	6,509	$700K	0.2%	$107.54 *	$56.67	+80.3%	COM	254687106
—	Cigna	3,425	$696K	0.2%	$203.21	$82.55	—	COM	125509109
MRK	Merck & Co Inc	10,748	$605K	0.1%	$56.29 *	$33.83	+24.0%	COM	58933Y105
NTRS	Northern Trust Corporation	5,888	$588K	0.1%	$99.86 *	$40.35	+96.2%	COM	665859104
ADBE	Adobe Systems	3,200	$561K	0.1%	$175.31	$64.14	+173.2%	COM	00724F101
ORCL	Oracle	11,375	$538K	0.1%	$47.30 *	$27.58	+52.0%	COM	68389X105
ABT	Abbott Laboratories	8,994	$513K	0.1%	$57.04 *	$33.65	+47.4%	COM	002824100
WFC	Wells Fargo & Co. New	8,420	$511K	0.1%	$60.69 *	$29.43	+65.0%	COM	949746101
MO	Altria Group Inc	6,740	$481K	0.1%	$71.36 *	$19.66	+100.2%	COM	02209S103
ADP	Auto Data Processing	4,000	$469K	0.1%	$117.25 *	$76.76	+28.9%	COM	053015103
CVX	Chevron Texaco	3,260	$408K	0.1%	$125.15 *	$64.60	+37.2%	COM	166764100
PFE	Pfizer Incorporated	8,700	$315K	0.1%	$36.21 *	$17.14	+40.5%	COM	717081103
CL	Colgate-Palmolive Co	4,000	$302K	0.1%	$75.50 *	$44.38	+40.5%	COM	194162103
TFX	Teleflex Incorporated	1,200	$299K	0.1%	$249.17 *	$171.02	+39.0%	COM	879369106
—	Dowdupont Inc	3,115	$222K	0.0%	$71.27	$69.34	—	COM	26078J100