PHYSICIANS FINANCIAL SERVICES INC
Q2 2022 Form 13-F
RALEIGH, NORTH CAROLINA
CIK 0001665518
· CRD 118519
· SEC-registered investment adviser
$224.7M Reported Value Total
PHYSICIANS FINANCIAL SERVICES, INC. reports 501 total accounts under management (AUM). There are 452 discretionary accounts valued at $333,912,762, and 49 non-discretionary accounts valued at $30,764,112.
Source: Form ADV filed * Note that certain holdings are exempt from Form 13-F reporting, so the AUM totals may be greater than the Form 13-F total.
Source: Form ADV filed 2026-03-30
Reported value
$224.7M
Quarter over quarter
-15.9%
Holdings
115
Top-10 concentration
41.3%
Key People
Form ADV owners & control persons
Cornelius Trawick Mcdonald
PRESIDENT, CHIEF COMPLIANCE OFFICER
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Q2 2022 13F record
Q2 2022 13F filing summary
| Period of report | June 30, 2022 |
|---|---|
| Filed | August 17, 2022 |
| Form | 13F-HR |
| Reported value | $224.7M |
| Positions | 115 |
| Change in reported value | -14.2% |
| New positions | 6 |
| Exited positions | 8 |
| Position turnover | 11.4% |
| Top-10 concentration | 41.3% |
13F filings by quarter
| Quarter | Positions | Value |
|---|---|---|
|
Q2 2026 13F
Filed Jul 21, 2026
|
106 | $400.7M |
|
Q1 2026 13F
Filed Apr 15, 2026
|
104 | $365.2M |
|
Q4 2025 13F
Filed Jan 21, 2026
|
107 | $372.7M |
|
Q3 2025 13F
Filed Oct 21, 2025
|
108 | $366.3M |
|
Q2 2025 13F
Filed Aug 14, 2025
|
107 | $335.7M |
|
Q1 2025 13F
Filed May 7, 2025
|
107 | $314.5M |
|
Q4 2024 13F
Filed Feb 3, 2025
|
105 | $329.4M |
|
Q3 2024 13F
Filed Oct 31, 2024
|
107 | $321.6M |
|
Q2 2024 13F
Filed Aug 14, 2024
|
108 | $307.5M |
|
Q1 2024 13F
Filed May 10, 2024
|
103 | $284.0M |
|
Q4 2023 13F
Filed Jan 26, 2024
|
103 | $263.9M |
|
Q3 2023 13F
Filed Oct 31, 2023
|
105 | $244.4M |
|
Q2 2023 13F
Filed Jul 26, 2023
|
108 | $254.7M |
|
Q1 2023 13F
Filed May 17, 2023
|
107 | $236.5M |
|
Q4 2022 13F
Filed Feb 9, 2023
|
109 | $222.1M |
|
Q3 2022 13F
Filed Oct 19, 2022
|
109 | $206.9M |
|
Q2 2022 13F
Filed Aug 17, 2022
|
115 | $224.7M |
|
Q1 2022 13F
Filed Apr 22, 2022
|
117 | $261.9M |
|
Q4 2021 13F
Filed Feb 2, 2022
|
116 | $270.4M |
|
Q3 2021 13F
Filed Oct 27, 2021
|
115 | $246.9M |
23 earlier quarters on file — choose one from the quarter menu above.
Top 20 holdings · Q2 2022
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | AAPL Apple Computer | $29.9M | 13.29% |
| 2 | MSFT Microsoft | $11.3M | 5.02% |
| 3 | AMZN Amazon.com | $9.9M | 4.43% |
| 4 | GOOGL Alphabet Cl A | $9.1M | 4.05% |
| 5 | WMT Wal-Mart Stores Inc. | $6.5M | 2.9% |
| 6 | MA Mastercard Inc Cl A | $5.7M | 2.51% |
| 7 | CVX Chevron Corp. | $5.4M | 2.42% |
| 8 | JNJ Johnson & Johnson | $5.2M | 2.3% |
| 9 | MCD McDonalds | $5.0M | 2.24% |
| 10 | ADP Automatic Data Processing | $4.8M | 2.14% |
| 11 | LOW Lowes | $4.5M | 2.0% |
| 12 | AMGN Amgen | $4.4M | 1.96% |
| 13 | KO Coca-Cola | $4.1M | 1.84% |
| 14 | UPS United Parcel Services CL B | $4.0M | 1.77% |
| 15 | PG Procter & Gamble | $3.9M | 1.74% |
| 16 | V Visa Inc | $3.8M | 1.71% |
| 17 | PEP Pepsi Co | $3.6M | 1.62% |
| 18 | LMT Lockheed Martin Corp. | $3.4M | 1.52% |
| 19 | CAT Caterpillar | $3.3M | 1.47% |
| 20 | VZ Verizon Communications Inc. | $3.2M | 1.45% |
Values as reported on the Q2 2022 Form 13F. Every position is in the holdings table below.