Instuitional Investor - Lountzis Asset Management, Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Berkshire Hathaway Inc	BRK.A	135,368	$65,757,713	23.15%
2.	Applied Materials Inc	AMAT	120,255	$22,015,083	7.75%
3.	Wells Fargo & Company	WFC	249,428	$19,984,171	7.04%
4.	Oracle Corp	ORCL	90,341	$19,751,253	6.95%
5.	Progressive Corp	PGR	72,350	$19,307,321	6.8%