PROFESSIONAL ADVISORY SERVICES INC

Q2 2014 13F-HR Holdings

Location
Vero Beach, FL
Holdings as of
6/30/2014
Date filed
7/23/2014
Form type
13F-HR
Num holdings
61
Total value ($000)
$411,940
Net value change ($000)
+11,095 (2.8%)
New positions
12
Sold out positions
1
Turnover %
9.3%
Sector allocation + QoQ delta (equities-only)

Snapshot: Change Analysis

Compared to Q1 2014
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
ALPHABET INC CL C 13,654 NEW
COF 8,514 NEW
DNOW 4,260 NEW
DIS 1,700 17.0%
VTI 1,146 NEW
PEP 1,014 6.1%
NOV 974 6.3%
NSRGY 768 6.9%
ACN 761 6.7%
EXPRESS SCRIPTS HLDG CO 698 4.1%
Top Reduces (Value $000, Stocks/ETFs)
Alphabet Inc. Class C -11,990 -82.1%
MMM -8,338 -100.0%
NVS -4,036 -24.7%
SIGMA ALDRICH -3,513 -29.8%
XOM -1,503 -10.0%
CSX -1,378 -9.8%
J -614 -5.3%
LNN -165 -4.0%
PG -101 -0.6%
IBM -101 -5.8%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type