Instuitional Investor - M. Kraus & Co

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Microsoft Corp	MSFT	74,659	$38,292,379	10.27%
2.	Alphabet Inc.	GOOGL	97,704	$33,291,661	8.93%
3.	Berkshire Hathaway Inc	BRK-B	41,237	$20,533,964	5.51%
4.	Thermo Fisher Scientific Inc.	TMO	28,735	$19,397,580	5.2%
5.	Cisco Systems Inc.	CSCO	151,644	$16,321,449	4.38%