Lawson Kroeker Investment Management

13F File No.: Name: 13F File No. as of June 30, 2012

Portfolio Holdings for 13F File No.: Name: 13F File No.

13F File No.: Name: 13F File No. holds 79 positions in its portfolio as reported in the June 2012 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
SPDR Gold Trust (GLD) 4.6 $10M 67k 155.20
Chicago Bridge & Iron Company 4.5 $10M 270k 37.96
Pfizer (PFE) 4.4 $9.9M 432k 23.00
Kansas City Southern 4.2 $9.5M 136k 69.56
Texas Pacific Land Trust 3.6 $8.2M 143k 57.08
Lincoln Electric Holdings (LECO) 3.5 $7.9M 180k 43.79
Walt Disney Company (DIS) 3.4 $7.7M 158k 48.50
Forest Laboratories 3.2 $7.3M 208k 34.99
Anadarko Petroleum Corporation 3.2 $7.2M 109k 66.20
Microsoft Corporation (MSFT) 2.9 $6.7M 218k 30.59
Chevron Corporation (CVX) 2.9 $6.7M 63k 105.50
Boeing Company (BA) 2.9 $6.6M 89k 74.30
Directv 2.8 $6.2M 128k 48.82
Johnson & Johnson (JNJ) 2.6 $6.0M 88k 67.56
Yamana Gold 2.6 $5.9M 386k 15.40
Plum Creek Timber 2.6 $5.8M 147k 39.70
Compass Minerals International (CMP) 2.5 $5.6M 74k 76.28
Freeport-McMoRan Copper & Gold (FCX) 2.4 $5.4M 159k 34.07
Cato Corporation (CATO) 2.3 $5.3M 173k 30.46
ConAgra Foods (CAG) 2.3 $5.2M 200k 25.93
Laboratory Corp. of America Holdings 2.3 $5.1M 56k 92.61
Vulcan Materials Company (VMC) 2.2 $5.0M 127k 39.71
Leucadia National 2.2 $5.0M 233k 21.27
Berkshire Hathaway (BRK.B) 2.2 $4.9M 59k 83.33
Peabody Energy Corporation 2.1 $4.7M 193k 24.52
Nexen 1.8 $4.2M 248k 16.89
Gen 1.8 $4.1M 623k 6.51
ConocoPhillips (COP) 1.8 $4.0M 71k 55.88
Berkshire Hathaway (BRK.A) 1.5 $3.5M 28.00 124928.57
St. Joe Company (JOE) 1.5 $3.5M 220k 15.81
Vodafone 1.5 $3.4M 121k 28.18
Cemex SAB de CV (CX) 1.5 $3.3M 494k 6.73
Chesapeake Energy Corporation 1.0 $2.2M 120k 18.60
L-3 Communications Holdings 1.0 $2.2M 29k 74.01
Canadian Natl Ry (CNI) 0.9 $2.0M 24k 84.37
Dominion Resources (D) 0.8 $1.8M 34k 53.99
Investors Real Estate Trust 0.7 $1.7M 211k 7.93
Forest Oil Corporation 0.6 $1.3M 184k 7.33
Berkshire Hathaway (BRK.A) 0.6 $1.2M 10.00 124900.00
Pepsi (PEP) 0.6 $1.2M 18k 70.64
Winnebago Industries (WGO) 0.5 $1.1M 104k 10.19
McDonald's Corporation (MCD) 0.4 $1.0M 11k 88.51
Spdr S&p 500 Etf (SPY) 0.4 $884k 6.5k 136.10
Merck & Co (MRK) 0.4 $881k 21k 41.76
Nestle SA Reg Shs. Ser. B Spons (NSRGY) 0.4 $883k 15k 59.74
Abbott Laboratories (ABT) 0.4 $821k 13k 64.49
Colgate-Palmolive Company (CL) 0.4 $826k 7.9k 104.10
Automatic Data Processing (ADP) 0.3 $783k 14k 55.69
Becton, Dickinson and (BDX) 0.3 $713k 9.5k 74.74
Phillips 66 (PSX) 0.3 $652k 20k 33.26
Occidental Petroleum Corporation (OXY) 0.3 $647k 7.5k 85.75
U.S. Bancorp (USB) 0.3 $606k 19k 32.18
At&t (T) 0.2 $546k 15k 35.69
Medtronic 0.2 $553k 14k 38.70
Yum! Brands (YUM) 0.2 $515k 8.0k 64.38
Procter & Gamble Company (PG) 0.2 $518k 8.5k 61.30
GlaxoSmithKline 0.2 $493k 11k 45.54
UnitedHealth (UNH) 0.2 $410k 7.0k 58.57
Edison International (EIX) 0.2 $416k 9.0k 46.22
Exxon Mobil Corporation (XOM) 0.2 $377k 4.4k 85.49
Wal-Mart Stores (WMT) 0.2 $383k 5.5k 69.76
Baxter International (BAX) 0.2 $388k 7.3k 53.15
CVS Caremark Corporation (CVS) 0.2 $381k 8.2k 46.75
Washington Post Company 0.2 $374k 1.0k 374.00
Intel Corporation (INTC) 0.1 $333k 13k 26.64
Leggett & Platt (LEG) 0.1 $308k 15k 21.10
International Business Machines (IBM) 0.1 $318k 1.6k 195.69
Renaissance Re Holdings Ltd Cmn (RNR) 0.1 $304k 4.0k 76.00
Coca-Cola Company (KO) 0.1 $283k 3.6k 78.28
Kohl's Corporation (KSS) 0.1 $262k 5.8k 45.57
Wells Fargo & Company (WFC) 0.1 $262k 7.8k 33.42
E.I. du Pont de Nemours & Company 0.1 $267k 5.3k 50.50
United Technologies Corporation 0.1 $255k 3.4k 75.40
McCormick & Company, Incorporated (MKC) 0.1 $258k 4.3k 60.71
Ace Limited Cmn 0.1 $234k 3.2k 74.29
Cisco Systems (CSCO) 0.1 $231k 14k 17.14
WellPoint 0.1 $233k 3.7k 63.84
Dun & Bradstreet Corporation 0.1 $214k 3.0k 71.33
Weitz - Value Portfolio 0.1 $215k 6.6k 32.53