Top 20 Form 13F Holdings as of 12/31/17
Name of Issuer Market Value     (x$1000) % of 13F Holdings 12/31/17 Price
JOHNSON&JOHNSON 30,675 7.71% $139.72
MCDONALDS CORP 19,740 4.96% $172.12
PHILIP MORRIS IN 19,276 4.85% $105.65
ALTRIA GROUP INC 18,875 4.74% $71.41
JPMORGAN CHASE 14,535 3.65% $106.94
DIAGEO PLC-ADR 14,392 3.62% $146.03
ABBOTT LABS 13,954 3.51% $57.07
PEPSICO INC 13,806 3.47% $119.92
BERKSHIRE HATH-B 13,370 3.36% $198.22
CIE FINANCI-REG 13,328 3.35% $91.50
HEINEKEN HLDG 13,111 3.30% $99.10
EXXON MOBIL CORP 12,605 3.17% $83.64
MONDELEZ INTER-A 12,340 3.10% $42.80
REGENCY CENTERS 11,296 2.84% $69.18
COCA-COLA CO/THE 11,098 2.79% $45.88
LOCKHEED MARTIN 11,023 2.77% $321.05
ABBVIE INC 10,960 2.75% $96.71
APPLE INC 10,531 2.65% $169.23
BROWN-FORMAN -B 10,512 2.64% $68.67
OXFORD INDS INC 10,323 2.59% $75.19

For a complete list of 13F holdings, please see our most recent Form 13F filing on the following SEC website: http://www.sec.gov/edgar/searchedgar/companysearch.html

RBO is pleased to claim compliance with the Global Investment Performance Standards (GIPS®). An independent examiner has conducted our verification for the period January 1, 2004 through December 31, 2017. For a complete GIPS performance presentation and/or a list of all firm composite descriptions, please contact us directly.

RBO is an independent investment advisory firm established in 1980. RBO is registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940. Registration does not imply a certain level of skill or training. RBO is headquartered in Saint Helena, CA.