PROFESSIONAL ADVISORY SERVICES INC

Q4 2013 13F Holdings Report, Stock Holdings

Signature - Title
Carol L. Bieber - Compliance Officer
Location
Vero Beach, FL
Holdings as of
31 Dec 2013
Value $
$384,768,000
Num holdings
46
Filing time
10 Feb 2014, 11:27:49 UTC
Form type
13F-HR
Description
All US holdings of this investor are reported in this report. Top holdings included MCD, GOOGL, ESRX, JNJ, and PEP.
Next filing
Q1 2014 - 08 Apr 2014
Sym Weight Trade Impact Company Class Share Change Activity Value Change $ Value $ * Price $ Shares Principal
* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
An asterisk sign (*) next to the price indicates that the price is likely invalid.

Person Signing this Report on Behalf of Reporting Manager:

Name Title City, State Date
Carol L. Bieber Compliance Officer Vero Beach, Florida 10 Feb 2014