Family Management Corp Buys Amgen Inc, Walt Disney Co, Citigroup Inc, Sells Starbucks Corp, Waste Management Inc, Allergan PLC

• New Purchases: PG, KHC, TGT, JPM, VEU, GNL, HZNP, PETX, CSLT, EGLT,
• Added Positions: AMGN, DIS, C, V, PEP, AXP, SLB, BMY, FB, AJX,
• Reduced Positions: AGN, AAPL, CSCO, GOOGL, AMZN, DOW, MSFT, GE, USB, MO,
• Sold Out: SBUX, WM, CMCSA, CELG, TOL, KATE, BMRN, NUV, EVLV, KCAP,

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

1. Apple Inc (AAPL) - 102,895 shares, 10.19% of the total portfolio. Shares reduced by 11.35%
2. Alphabet Inc (GOOGL) - 7,444 shares, 4.76% of the total portfolio. Shares reduced by 19.2%
3. Amazon.com Inc (AMZN) - 5,861 shares, 3.9% of the total portfolio. Shares reduced by 19.88%
4. International Business Machines Corp (IBM) - 34,904 shares, 3.69% of the total portfolio. Shares reduced by 1.41%
5. PacWest Bancorp (PACW) - 114,001 shares, 3.66% of the total portfolio.

Family Management Corp initiated holdings in Procter & Gamble Co. The purchase prices were between $85.87 and $90.8, with an estimated average price of $88.19. The stock is now traded at around $92.61. The impact to the portfolio due to this purchase was 1.9%. The holdings were 31,755 shares as of 2017-06-30.

Family Management Corp initiated holdings in The Kraft Heinz Co. The purchase prices were between $85.76 and $93.77, with an estimated average price of $90.76. The stock is now traded at around $84.61. The impact to the portfolio due to this purchase was 1.86%. The holdings were 31,525 shares as of 2017-06-30.

Family Management Corp initiated holdings in Target Corp. The purchase prices were between $50.52 and $58.41, with an estimated average price of $54.62. The stock is now traded at around $56.14. The impact to the portfolio due to this purchase was 0.29%. The holdings were 8,000 shares as of 2017-06-30.

Family Management Corp initiated holdings in JPMorgan Chase & Co. The purchase prices were between $82.15 and $91.4, with an estimated average price of $86.27. The stock is now traded at around $91.26. The impact to the portfolio due to this purchase was 0.19%. The holdings were 3,079 shares as of 2017-06-30.

Family Management Corp initiated holdings in Vanguard FTSE All World Ex US. The purchase prices were between $47.21 and $51.09, with an estimated average price of $49.44. The stock is now traded at around $51.31. The impact to the portfolio due to this purchase was 0.15%. The holdings were 4,500 shares as of 2017-06-30.

Family Management Corp initiated holdings in Global Net Lease Inc. The purchase prices were between $21.86 and $24.17, with an estimated average price of $23. The stock is now traded at around $21.40. The impact to the portfolio due to this purchase was 0.14%. The holdings were 9,105 shares as of 2017-06-30.

Family Management Corp added to the holdings in Amgen Inc by 1188.75%. The purchase prices were between $153.02 and $174.07, with an estimated average price of $162.52. The stock is now traded at around $168.14. The impact to the portfolio due to this purchase was 2.81%. The holdings were 25,775 shares as of 2017-06-30.

Family Management Corp added to the holdings in Walt Disney Co by 1243.00%. The purchase prices were between $103.94 and $115.84, with an estimated average price of $109.6. The stock is now traded at around $101.08. The impact to the portfolio due to this purchase was 2.37%. The holdings were 35,106 shares as of 2017-06-30.

Family Management Corp added to the holdings in Citigroup Inc by 370.14%. The purchase prices were between $57.72 and $66.98, with an estimated average price of $61.27. The stock is now traded at around $67.20. The impact to the portfolio due to this purchase was 2.22%. The holdings were 61,292 shares as of 2017-06-30.

Family Management Corp added to the holdings in Visa Inc by 98.13%. The purchase prices were between $88.68 and $96.55, with an estimated average price of $92.72. The stock is now traded at around $102.87. The impact to the portfolio due to this purchase was 1.18%. The holdings were 37,073 shares as of 2017-06-30.

Family Management Corp added to the holdings in PepsiCo Inc by 79.23%. The purchase prices were between $111.58 and $118.01, with an estimated average price of $114.69. The stock is now traded at around $117.78. The impact to the portfolio due to this purchase was 1.12%. The holdings were 31,970 shares as of 2017-06-30.

Family Management Corp added to the holdings in American Express Co by 73.00%. The purchase prices were between $75.55 and $84.24, with an estimated average price of $79.05. The stock is now traded at around $85.67. The impact to the portfolio due to this purchase was 0.96%. The holdings were 39,175 shares as of 2017-06-30.

Family Management Corp sold out the holdings in Starbucks Corp. The sale prices were between $57.51 and $64.57, with an estimated average price of $60.47.

Family Management Corp sold out the holdings in Waste Management Inc. The sale prices were between $70.5 and $74.25, with an estimated average price of $72.8.

Family Management Corp sold out the holdings in Comcast Corp. The sale prices were between $37.14 and $41.99, with an estimated average price of $39.39.

Family Management Corp sold out the holdings in Celgene Corp. The sale prices were between $114.41 and $134.31, with an estimated average price of $122.44.

Family Management Corp sold out the holdings in Toll Brothers Inc. The sale prices were between $35.23 and $39.6, with an estimated average price of $37.27.

Family Management Corp sold out the holdings in Kate Spade & Co. The sale prices were between $16.64 and $23.23, with an estimated average price of $18.51.