Arlington Partners LLC Buys Medtronic PLC, International Business Machines Corp, comScore Inc, Sells iShares S&P 500 Value, Servisfirst Bancshares Inc, Alphabet Inc

• New Purchases: MDT, SCOR, PZZA, GLRE, SAND, GE, LYB, ETN, IEFA, IWF,
• Added Positions: IBM, SBUX, BRK.B, ALRM, AAPL, PAH, DIS,
• Reduced Positions: IVE, AMJ, EXPD, VIG, NCOM, VOO, SPY, KHC, COP, SPSB,
• Sold Out: SFBS, GOOGL, TWLO, BGCP, IJR, AXP, IYR, GOOG, OIA, BBK,

For the details of Arlington Partners LLC's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Arlington+Partners+LLC

1. JPMorgan Chase Capital XVI JP Morgan Alerian MLP E (AMJ) - 766,719 shares, 19.45% of the total portfolio. Shares reduced by 5.72%
2. iShares S&P 500 Value (IVE) - 74,672 shares, 7.85% of the total portfolio. Shares reduced by 22.31%
3. iShares MSCI ACWI Index Fund (ACWI) - 109,000 shares, 7.4% of the total portfolio.
4. National Commerce Corp (NCOM) - 152,565 shares, 6.74% of the total portfolio. Shares reduced by 3.19%
5. Berkshire Hathaway Inc (BRK.A) - 24 shares, 6.46% of the total portfolio.

Arlington Partners LLC initiated holding in Medtronic PLC. The purchase prices were between $77.48 and $87.83, with an estimated average price of $83.48. The stock is now traded at around $87.37. The impact to a portfolio due to this purchase was 0.84%. The holding were 10,219 shares as of 2018-06-30.

Arlington Partners LLC initiated holding in Papa John's International Inc. The purchase prices were between $50.55 and $63.13, with an estimated average price of $56.18. The stock is now traded at around $49.30. The impact to a portfolio due to this purchase was 0.52%. The holding were 10,845 shares as of 2018-06-30.

Arlington Partners LLC initiated holding in comScore Inc. The purchase prices were between $19.65 and $25.38, with an estimated average price of $22.47. The stock is now traded at around $22.37. The impact to a portfolio due to this purchase was 0.52%. The holding were 25,025 shares as of 2018-06-30.

Arlington Partners LLC initiated holding in Greenlight Capital Re Ltd. The purchase prices were between $14.15 and $16.1, with an estimated average price of $15.24. The stock is now traded at around $14.05. The impact to a portfolio due to this purchase was 0.29%. The holding were 21,085 shares as of 2018-06-30.

Arlington Partners LLC initiated holding in Sandstorm Gold Ltd. The purchase prices were between $4.34 and $4.92, with an estimated average price of $4.61. The stock is now traded at around $4.47. The impact to a portfolio due to this purchase was 0.23%. The holding were 54,400 shares as of 2018-06-30.

Arlington Partners LLC initiated holding in General Electric Co. The purchase prices were between $12.75 and $15.29, with an estimated average price of $13.92. The stock is now traded at around $14.07. The impact to a portfolio due to this purchase was 0.04%. The holding were 3,000 shares as of 2018-06-30.

Arlington Partners LLC added to a holding in International Business Machines Corp by 126.41%. The purchase prices were between $137.48 and $160.91, with an estimated average price of $145.95. The stock is now traded at around $145.18. The impact to a portfolio due to this purchase was 0.68%. The holding were 9,045 shares as of 2018-06-30.

Arlington Partners LLC added to a holding in Starbucks Corp by 220.16%. The purchase prices were between $48.54 and $59.83, with an estimated average price of $56.76. The stock is now traded at around $50.25. The impact to a portfolio due to this purchase was 0.4%. The holding were 12,390 shares as of 2018-06-30.

Arlington Partners LLC sold out a holding in Servisfirst Bancshares Inc. The sale prices were between $40.28 and $44.59, with an estimated average price of $42.84.

Arlington Partners LLC sold out a holding in Alphabet Inc. The sale prices were between $1009.95 and $1184.07, with an estimated average price of $1087.78.

Arlington Partners LLC sold out a holding in Twilio Inc. The sale prices were between $36.65 and $61.61, with an estimated average price of $49.46.

Arlington Partners LLC sold out a holding in BGC Partners Inc. The sale prices were between $11.09 and $13.89, with an estimated average price of $12.45.

Arlington Partners LLC sold out a holding in iShares Core S&P Small-Cap. The sale prices were between $75.25 and $86.64, with an estimated average price of $81.5.

Arlington Partners LLC sold out a holding in Alphabet Inc. The sale prices were between $1006.47 and $1173.46, with an estimated average price of $1080.62.