Disclaimer & Holdings


Todd Wenning is a Research Analyst with Johnson Investment Counsel, Inc., an investment adviser registered with the U.S. Securities and Exchange Commission.  The contents of posts herin express the opinions and views of the author alone and do not necessarily reflect the opinions or views of Johnson Investment Counsel or its employees.   These posts were prepared by Mr. Wenning in his individual capacity and not in his capacity as an employee of Johnson Investment Counsel.  Johnson Investment Counsel disclaims responsibility for any private publication or statement of any employee.

The views and opinions presented in this blog are intended for entertainment and educational purposes only and should not be construed as a solicitation to effect transactions in securities or the rendering of personalized investment advice.  The views and opinions expressed in this blog are not intended to be tailored financial advice and may not be suitable for your situation. No person should assume that any advice or strategies presented in this blog serves as the receipt of, or a substitute for, personalized individual advice from an investment professional. You should consult with a professional where appropriate.  The author makes no representations or warranties that any specific securities mentioned or investment strategies discussed are consistent with securities selected or investment strategies offered by Johnson Investment Counsel.

While the author has used best efforts in preparing this blog, he makes no representations or warranties with respect to the accuracy or completeness of the contents of this blog and specifically disclaims any implied warranties of merchantability or fitness for a particular purpose.  The author shall not be liable for any loss of profit or any other commercial damages, including, but not limited to, special, incidental, consequential, or other damages.   

The author or the author’s employer may have positions or interests in the stocks mentioned in the blog. These should not be viewed as recommendations; always do your own research before buying any stock.

Current Equity Holdings

As of November 1, 2017. Presented in the interests of disclosure. 
  • Admiral Group (ADM.L)
  • Berkshire Hathaway (BRK.B)
  • Boston Omaha (BOMN)
  • Brown-Forman (BF.B)
  • Burberry (BRBY.L)
  • Costco Wholesale (COST)
  • Culp (CULP)
  • Core Laboratories (CLB)
  • Diageo plc (DEO)
  • Diamond Hill Investment Group (DHIL)
  • Johnson & Johnson (JNJ)
  • Markel (MKL)
  • Morningstar (MORN)
  • Trupanion (TRUP)
*Beneficiary interest in Amazon.com (AMZN), Cracker Barrel Old Country Store (CBRL), and Sherwin-Williams (SHW),