Independent Investors

Independent Investors as of June 30, 2012

Portfolio Holdings for Independent Investors

Independent Investors holds 90 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
Apple (AAPL) 20.1 $33B 57k 583992.39
Exxon Mobil Corporation (XOM) 4.6 $7.5B 88k 85559.86
Johnson & Johnson (JNJ) 4.6 $7.5B 111k 67551.79
Procter & Gamble Company (PG) 3.8 $6.2B 101k 61241.80
Waters Corporation (WAT) 3.0 $4.9B 62k 79454.25
International Business Machines (IBM) 3.0 $4.9B 25k 195551.29
Abbott Laboratories (ABT) 2.5 $4.2B 65k 64454.76
Coca-Cola Company (KO) 2.4 $3.9B 50k 78171.15
United Parcel Service (UPS) 2.3 $3.8B 48k 78742.14
Schlumberger (SLB) 2.0 $3.3B 51k 64906.32
General Electric Company 2.0 $3.3B 157k 20837.99
Honeywell International (HON) 1.8 $3.0B 54k 55828.68
3M Company (MMM) 1.8 $3.0B 33k 89588.38
Emerson Electric (EMR) 1.8 $2.9B 62k 46575.56
Colgate-Palmolive Company (CL) 1.7 $2.8B 27k 104096.83
JPMorgan Chase & Co. (JPM) 1.7 $2.7B 76k 35723.63
Qualcomm (QCOM) 1.7 $2.7B 49k 55679.51
Boeing Company (BA) 1.5 $2.5B 34k 74273.06
Walt Disney Company (DIS) 1.5 $2.5B 52k 48492.49
Baxter International (BAX) 1.5 $2.5B 47k 53133.05
McDonald's Corporation (MCD) 1.5 $2.5B 28k 88504.50
Microsoft Corporation (MSFT) 1.4 $2.3B 74k 30583.45
Oracle Corporation (ORCL) 1.3 $2.2B 74k 29687.92
Amgen (AMGN) 1.3 $2.1B 29k 72877.19
Pepsi (PEP) 1.2 $2.0B 29k 70645.39
Bristol Myers Squibb (BMY) 1.2 $1.9B 54k 35943.93
Precision Castparts 1.0 $1.7B 10k 164466.02
Nike (NKE) 1.0 $1.6B 19k 87729.73
Berkshire Hathaway Inc. Class B 1.0 $1.6B 19k 83320.34
E.I. du Pont de Nemours & Company 0.9 $1.5B 30k 50565.34
Pall Corporation 0.9 $1.5B 27k 54777.78
Norfolk Southern (NSC) 0.9 $1.4B 20k 71732.67
Dover Corporation (DOV) 0.9 $1.4B 27k 53582.09
Novartis (NVS) 0.8 $1.4B 25k 55873.02
Watts Water Technologies (WTS) 0.8 $1.3B 38k 33315.79
Intel Corporation (INTC) 0.8 $1.2B 46k 26637.93
Philip Morris International (PM) 0.7 $1.2B 14k 87214.29
Jacobs Engineering 0.7 $1.2B 32k 37839.51
Extreme Networks (EXTR) 0.7 $1.2B 37k 33424.66
Cisco Systems (CSCO) 0.7 $1.2B 69k 17169.74
Yum! Brands (YUM) 0.7 $1.1B 17k 64411.76
Union Pacific Corporation (UNP) 0.7 $1.1B 9.0k 119222.22
Devon Energy Corporation (DVN) 0.6 $1.1B 18k 57978.14
American Express Company (AXP) 0.6 $983M 17k 58165.68
BP (BP) 0.5 $859M 21k 40518.87
Baker Hughes Incorporated 0.5 $830M 20k 41089.11
Pfizer (PFE) 0.5 $802M 35k 22979.94
Kimberly-Clark Corporation (KMB) 0.5 $795M 9.5k 83684.21
Halliburton Company (HAL) 0.5 $749M 26k 28371.21
FedEx Corporation (FDX) 0.4 $732M 8.0k 91500.00
Caterpillar (CAT) 0.4 $653M 7.7k 84805.19
Kraft Foods 0.4 $664M 17k 38604.65
Eli Lilly & Co. (LLY) 0.4 $643M 15k 42866.67
Chevron Corporation (CVX) 0.4 $648M 6.2k 105365.85
Fluor Corporation (FLR) 0.4 $606M 12k 49268.29
Google 0.4 $603M 1.0k 579807.69
Broadcom Corporation 0.3 $577M 17k 33742.69
L-3 Communications Holdings 0.3 $584M 7.9k 73924.05
Deere & Co 0.3 $582M 7.2k 80833.33
Cummins (CMI) 0.3 $562M 5.8k 96896.55
Goldman Sachs (GS) 0.3 $503M 5.3k 95809.52
Bank of New York Mellon Corporation (BK) 0.3 $470M 21k 21941.09
Altria (MO) 0.3 $476M 14k 34492.75
Cytec Industries 0.3 $474M 8.1k 58518.52
Family Dollar Stores 0.3 $438M 6.6k 66363.64
ConocoPhillips (COP) 0.3 $441M 7.9k 55822.78
Vanguard Emerging Markets ETF (VWO) 0.3 $443M 11k 39909.91
Stryker Corporation (SYK) 0.3 $424M 7.7k 55064.94
Corning Incorporated (GLW) 0.2 $400M 31k 12903.23
Bank of America Corporation (BAC) 0.2 $387M 47k 8159.56
Agilent Technologies Inc C ommon (A) 0.2 $372M 9.5k 39157.89
Air Products & Chemicals (APD) 0.2 $367M 4.6k 80659.34
Sara Lee 0.2 $370M 20k 18500.00
Xylem (XYL) 0.2 $362M 14k 25138.89
Home Depot (HD) 0.2 $349M 6.6k 52878.79
Anadarko Pete Corp 0.2 $337M 5.1k 66078.43
Martin Marietta Materials (MLM) 0.2 $315M 4.0k 78750.00
E M C Corp Mass 0.2 $320M 13k 25600.00
Morgan Stanley (MS) 0.2 $301M 21k 14558.65
iShares MSCI Emerging Markets Indx (EEM) 0.2 $273M 7.0k 39000.00
MS BUFFERED JUMP VALUE S&p 02/27/2015 0.2 $278M 25k 11120.00
Apache Corporation 0.2 $268M 3.1k 87868.85
WISDOM TREE EMERGING MARKET Equity Fund 0.2 $256M 5.0k 51717.17
Monsanto Company 0.1 $248M 3.0k 82666.67
BHP Billiton (BHP) 0.1 $241M 3.7k 65135.14
Time Warner 0.1 $225M 5.9k 38461.54
TJX Companies (TJX) 0.1 $223M 5.2k 42884.62
Nestle SA Reg Shs. Ser. B Spons (NSRGY) 0.1 $232M 3.9k 59487.18
Exelis 0.1 $141M 14k 9791.67
Research In Motion 0.1 $82M 11k 7321.43