13F File No.: Name: <13F File No.: 1. 6. 2. 7. 3. 8. 4. 9. 5. 10.2

Latest statistics and disclosures from SALEM INVESTMENT COUNSELORS's latest quarterly 13F-HR filing:

SALEM INVESTMENT COUNSELORS portfolio companies for December 2015 quarter

Ticker Name Portfolio Weight Change Share Count Price Last Trade
AAPL Apple 4.84 363721 105.26 123.28
PEP Pepsi 3.81 301909 99.92 93.96
MSFT Microsoft Corporation 3.19 454136 55.48 42.00
BRK.B Berkshire Hathaway 3.03 181636 132.04 0.00
LOW Lowe's Companies 2.69 -2.00% 279386 76.04 73.15
JNJ Johnson & Johnson 2.30 176834 102.72 98.55
Walgreen Boots Alliance 2.20 +4.00% 204374 85.15 0.00
GE General Electric Company 2.07 525325 31.15 25.35
MMM 3M Company 1.98 103995 150.64 162.72
BBT BB&T; Corporation 1.78 371796 37.81 37.76
Alphabet Inc Class C cs 1.70 NEW 17725 758.87 0.00
Alphabet Inc Class A cs 1.60 NEW 16260 777.98 0.00
UTX United Technologies Corporation 1.59 131029 96.07 118.52
WMT Wal-Mart Stores 1.49 192236 61.30 81.06
GILD Gilead Sciences 1.49 116735 101.19 99.53
Synovus Finl 1.48 360687 32.38 0.00
IVV iShares S&P; 500 Index 1.46 +3.00% 56523 204.87 205.96
INTC Intel Corporation 1.42 326319 34.45 32.76
PFE Pfizer 1.40 343760 32.28 33.78
PG Procter & Gamble Company 1.37 136047 79.41 81.31
QCOM QUALCOMM 1.22 192399 49.98 71.27
IWR iShares Russell Midcap Index Fund 1.22 +3.00% 60373 160.32 169.15
BAC Bank of America Corporation 1.18 553222 16.83 15.95
CSCO Cisco Systems 1.18 343233 27.15 28.51
Sch Us Mid-cap Etf etf 1.18 +2.00% 233711 40.07 0.00
Facebook Inc cl a 1.18 +12.00% 89278 104.66 0.00
Vanguard S&p 500 Etf idx fd 1.16 49194 186.93 0.00
K Kellogg Company 1.14 125165 72.27 62.16
XOM Exxon Mobil Corporation 1.13 115004 77.95 84.57
BCPC Balchem Corporation 1.11 144134 60.80 55.89
MRK Merck & Co 1.06 -15.00% 159059 52.82 56.20
WFC Wells Fargo & Company 1.00 146150 54.36 53.90
Keurig Green Mtn 1.00 +4.00% 87809 89.98 0.00
Abbvie 0.99 132662 59.24 0.00
JPM JPMorgan Chase & Co. 0.95 113807 66.03 60.16
SBUX Starbucks Corporation 0.91 119850 60.03 92.23
MKC McCormick & Company, Incorporated 0.86 +133.00% 34603 197.24 72.00
CL Colgate-Palmolive Company 0.82 -6.00% 97141 66.62 68.17
BMY Bristol Myers Squibb 0.81 92592 68.79 66.08
Accenture 0.78 59115 104.51 0.00
Enterprise Products Partners 0.76 +20.00% 234884 25.58 0.00
KO Coca-Cola Company 0.75 137747 42.96 40.22
MCD McDonald's Corporation 0.69 45869 118.14 96.21
Ubiquiti Networks 0.67 +2.00% 166995 31.69 0.00
CVS CVS Caremark Corporation 0.66 53233 97.78 101.90
TM Toyota Motor Corporation 0.66 42247 123.04 134.15
Powershares Etf Tr Ii s^p smcp ind p 0.63 116130 43.23 0.00
EEM iShares MSCI Emerging Markets Indx 0.62 153459 32.19 38.45
IWM iShares Russell 2000 Index 0.62 +3.00% 43446 112.51 119.90
SON Sonoco Products Company 0.59 113405 40.87 44.25
EMC EMC Corporation 0.58 -3.00% 177924 25.68 26.24
SCHF Schwab International Equity ETF 0.57 +2.00% 163435 27.57 29.47
SPY SPDR S&P; 500 ETF 0.55 21485 203.91 205.25
Mondelez Int 0.55 +16.00% 96830 44.84 0.00
DIS Walt Disney Company 0.52 -4.00% 39416 105.08 103.60
PM Philip Morris International 0.51 -9.00% 45930 87.92 77.69
WFMI Whole Foods Market 0.50 118598 33.50 0.00
WEYS Wey 0.48 140627 26.76 28.20
Schwab Strategic Tr us lrg cap etf 0.48 +11.00% 78549 48.57 0.00
BRK.A Berkshire Hathaway 0.46 18 200055.56 0.00
SYY SYSCO Corporation 0.45 -2.00% 86837 41.00 38.41
DHI D.R. Horton 0.45 110590 32.03 25.87
HON Honeywell International 0.44 33730 103.56 100.92
DFS Discover Financial Services 0.42 62386 53.62 58.01
ABT Abbott Laboratories 0.42 73622 44.91 46.40
IBM International Business Machines 0.42 23942 137.62 158.25
BPL Buckeye Partners 0.42 +43.00% 50235 65.97 75.87
SXL Sunoco Logistics Partners 0.42 +55.00% 130110 25.70 40.17
VO Vanguard Mid-Cap ETF 0.38 +9.00% 24860 120.11 125.59
CVX Chevron Corporation 0.37 -3.00% 32792 89.96 102.86
EFA iShares MSCI EAFE Index Fund 0.36 49106 58.75 62.56
ROP Roper Industries 0.36 14905 189.80 166.10
NKE NIKE 0.35 +92.00% 44770 62.50 96.37
VB Vanguard Small-Cap ETF 0.35 +8.00% 25021 110.67 118.34
KRE SPDR KBW Regional Banking 0.34 63750 41.91 40.18
MGK Vanguard Mega Cap 300 Growth Index ETF 0.33 +12.00% 31031 83.05 82.73
SCHW Charles Schwab Corporation 0.30 +41.00% 72632 32.93 30.86
VFC V.F. Corporation 0.29 36722 62.25 73.33
Zynga 0.29 +12.00% 842800 2.68 0.00
Phillips 66 0.29 +4.00% 27811 81.80 0.00
HIW Highwoods Properties 0.28 50831 43.60 43.24
CAT Caterpillar 0.27 31736 67.97 79.57
T AT&T; 0.27 -2.00% 61077 34.42 32.70
COP ConocoPhillips 0.27 -14.00% 46152 46.69 61.42
ALOT Astro-Med 0.27 148245 14.45 14.19
GXC SPDR S&P; China 0.27 -6.00% 29500 73.49 78.53
SCHA Schwab U S Small Cap ETF 0.27 +6.00% 40532 52.08 55.93
DVN Devon Energy Corporation 0.26 -12.00% 64782 32.00 57.71
FL Foot Locker 0.25 30735 65.10 61.03
MTD Mettler-Toledo International 0.25 5850 339.15 306.26
MMP Magellan Midstream Partners 0.25 +88.00% 28778 67.93 78.66
VWO Vanguard Emerging Markets ETF 0.25 -2.00% 61149 32.71 39.44
UL Unilever 0.24 -12.00% 44280 43.11 42.20
VDSI VASCO Data Security International 0.24 -8.00% 115605 16.73 21.85
LGF Lions Gate Entertainment 0.24 57855 32.39 32.24
WNC Wabash National Corporation 0.23 154200 11.83 14.35
XBI SPDR S&P; Biotech 0.23 25599 70.08 226.20
Westrock 0.22 37368 45.63 0.00
ADSK Autodesk 0.21 NEW 26650 60.94 60.20
VPL Vanguard Pacific ETF 0.21 +38.00% 29665 56.67 59.67
Oaktree Cap 0.21 +29.00% 35450 47.73 0.00
MO Altria 0.20 -2.00% 27777 58.21 52.47
ARCC Ares Capital Corporation 0.20 -30.00% 113650 14.25 16.86
FCNCA First Citizens BancShares 0.19 5851 258.25 243.60
UNF UniFirst Corporation 0.19 14079 104.20 114.67
Duke Energy 0.19 21336 71.38 0.00
FIS Fidelity National Information Services 0.18 23800 60.59 65.10
GOV Government Properties Income Trust 0.18 -34.00% 89000 15.87 22.14
Patriot Transportation Holding 0.18 -7.00% 62267 23.21 0.00
BIDU Baidu 0.17 NEW 6975 189.10 207.29
HUN Huntsman Corporation 0.17 119330 11.37 21.77
MET MetLife 0.17 +411.00% 28680 48.22 50.75
HD Home Depot 0.16 9320 132.30 113.11
WYN Wyndham Worldwide Corporation 0.16 NEW 17475 72.68 89.37
JCI Johnson Controls 0.15 +3.00% 29500 39.49 48.46
YUM Yum! Brands 0.15 15821 73.07 77.05
Nextera Energy 0.15 11364 103.92 0.00
TUP Tupperware Brands Corporation 0.15 -2.00% 20842 55.66 66.12
Transcanada 0.15 -18.00% 36300 32.59 0.00
EWJ iShares MSCI Japan Index 0.15 96450 12.12 12.17
Ingersoll-rand Co Ltd-cl A 0.15 21675 55.27 0.00
TFM Fresh Market 0.15 -5.00% 50885 23.43 39.78
FXI iShares FTSE/Xinhua China 25 Index 0.14 30645 35.27 40.81
LH Laboratory Corp. of America Holdings 0.14 8800 123.64 121.70
COF Capital One Financial 0.14 15064 72.16 77.96
SRCL Stericycle 0.14 9000 120.56 135.67
KEQU Kewaunee Scientific Corporation 0.14 64444 17.78 17.20
SE Spectra Energy 0.13 -10.00% 43004 23.95 34.31
DD E.I. du Pont de Nemours & Company 0.13 -38.00% 15739 66.59 79.13
EMR Emerson Electric 0.13 21217 47.84 55.87
MKL Markel Corporation 0.13 1185 883.54 738.67
AYI Acuity Brands 0.13 4457 233.79 159.34
CELG Celgene Corporation 0.13 +6.00% 8408 119.77 118.26
DVY iShares Dow Jones Select Dividend 0.13 14097 75.12 76.58
VIG Vanguard Dividend Appreciation ETF 0.13 13330 77.79 80.49
South State Corporation 0.13 13820 71.92 0.00
CMCSA Comcast Corporation 0.12 NEW 17217 56.46 58.60
SCHB Schwab U S Broad Market ETF 0.12 +6.00% 19489 49.05 49.95
Alibaba Group Holding Ltd Spon 0.12 -7.00% 11900 81.26 0.00
Zoe's Kitchen 0.11 31975 27.99 0.00
D Dominion Resources 0.10 +4.00% 11581 67.61 69.17
SLB Schlumberger 0.10 -8.00% 11513 69.75 81.67
AAP Advance Auto Parts 0.10 5100 150.59 147.03
AMZN Amazon 0.10 +11.00% 1145 675.98 372.62
ETE Energy Transfer Equity 0.10 +4.00% 59200 13.73 62.31
NBBC NewBridge Ban 0.10 61791 12.19 8.21
GS Goldman Sachs 0.09 4078 180.24 184.67
USB U.S. Ban 0.09 NEW 16200 42.65 43.76
KBH KB Home 0.09 -6.00% 58425 12.32 13.29
XRAY DENTSPLY International 0.09 12000 60.83 51.20
TJX TJX Companies 0.09 -4.00% 10425 70.89 67.66
NVO Novo Nordisk A/S 0.09 -7.00% 11950 58.08 46.07
ORI Old Republic International Corporation 0.09 37978 18.64 14.60
VYM Vanguard High Dividend Yield ETF 0.09 +15.00% 11105 66.73 67.70
HUB.B Hubbell Incorporated 0.08 -36.00% 6606 100.97 0.00
NVS Novartis AG 0.08 6944 85.97 96.03
SYK Stryker Corporation 0.08 7169 92.90 90.61
ORCL Oracle Corporation 0.08 17254 36.51 41.62
EEP Enbridge Energy Partners 0.08 -33.00% 27400 23.07 36.35
TPX Tempur-Pedic International 0.08 8550 70.41 55.78
CSFL CenterState Banks 0.08 +41.00% 40000 15.65 11.83
MDY SPDR S&P; MidCap 400 ETF 0.08 2555 254.01 268.26
VUG Vanguard Growth ETF 0.08 5692 106.47 106.62
Kraft Heinz 0.08 8362 72.71 0.00
COST Costco Wholesale Corporation 0.07 3257 161.50 148.30
KMB Kimberly-Clark Corporation 0.07 4385 127.25 103.80
GD General Dynamics Corporation 0.07 3953 137.36 133.60
BIV Vanguard Intermediate-Term Bond ETF 0.07 7094 83.03 84.98
AXL American Axle & Manufact. Holdings 0.07 30000 18.93 24.36
MEI Methode Electronics 0.07 18000 31.83 44.40
HYG iShares iBoxx $ High Yid Corp Bond 0.07 7121 80.61 90.34
Citi 0.07 10857 51.76 0.00
Allergan 0.07 +6.00% 1725 312.46 0.00
XLV Health Care SPDR 0.06 6845 72.02 71.27
VZ Verizon Communications 0.06 10897 46.25 48.01
PXD Pioneer Natural Resources 0.06 3956 125.38 153.87
ETP Energy Transfer Partners 0.06 -76.00% 14776 33.70 54.95
EWH iShares MSCI Hong Kong Index Fund 0.06 25350 19.80 21.09
HTS Hatteras Financial 0.06 -2.00% 37422 13.15 17.61
Hometrust Bancshares 0.06 25000 20.24 0.00
Suntrust Banks Inc $1.00 Par Cmn 0.05 8780 42.82 0.00
LLY Eli Lilly & Co. 0.05 4889 84.27 68.81
UPS United Parcel Service 0.05 -5.00% 4095 96.21 99.32
APA Apache Corporation 0.05 -40.00% 8547 44.46 60.29
UNP Union Pacific Corporation 0.05 5070 78.11 114.86
BDX Becton, Dickinson and 0.05 2609 154.08 142.79
Agilent Technologies Inc C ommon 0.05 -4.00% 10264 41.80 0.00
Canadian Natural Resources 0.05 -3.00% 18400 21.85 0.00
PRU Prudential Financial 0.05 +10.00% 4887 81.44 80.31
DOV Dover Corporation 0.05 6427 61.30 70.44
SRE Sempra Energy 0.05 4040 94.06 106.08
PCLN priceline.com Incorporated 0.05 300 1273.33 1190.00
BHP BHP Billiton 0.05 -45.00% 14344 25.79 45.68
CLDX Celldex Therapeutics 0.05 +12.00% 24500 15.67 29.43
IPATH MSCI India Index Etn 0.05 5895 64.12 0.00
VNQ Vanguard REIT ETF 0.05 4855 79.71 80.84
Jp Morgan Alerian Mlp Index 0.05 -35.00% 14715 28.95 0.00
HCA HOLDINGS 0.05 5625 67.56 0.00
Medtronic 0.05 4848 76.94 0.00
AMTD TD Ameritrade Holding 0.04 NEW 8313 34.76 37.51
NSC Norfolk Southern 0.04 3806 84.60 108.18
PHM Pulte 0.04 -2.00% 16400 17.80 21.23
ADP Automatic Data Processing 0.04 3446 84.74 85.00
TGT Target Corporation 0.04 4469 72.50 77.89
AEP American Electric Power Company 0.04 5265 58.31 55.21
TMK Torchmark Corporation 0.04 6000 57.17 53.48
INFN Infinera 0.04 -3.00% 17400 18.10 18.11
STJ St. Jude Medical 0.04 -2.00% 5323 61.81 66.17
VTI Vanguard Total Stock Market ETF 0.04 3393 104.33 106.32
RWX SPDR DJ International Real Estate ETF 0.04 7945 39.14 42.22
IXC iShares S&P; Global Energy Sector 0.04 10100 28.02 34.67
MFSF MutualFirst Financial 0.04 +12.00% 13050 24.90 22.40
Schwab Strategic Tr intrm trm 0.04 +27.00% 5984 53.64 0.00
SCHE Schwab Emerging Markets Equity ETF 0.04 -6.00% 18200 19.51 23.47
Schwab Strategic Tr us dividend eq 0.04 7486 38.61 0.00
Eaton 0.04 6271 51.99 0.00
Ishares Inc msci frntr 100 0.04 -2.00% 13685 24.92 0.00
Pizza Inn Holdings 0.04 -6.00% 53750 6.38 0.00
Atlantic Cap Bancshares 0.04 NEW 20000 15.00 0.00
AXP American Express Company 0.03 2895 69.43 79.39
PNC PNC Financial Services 0.03 2549 95.33 93.21
LNC Lincoln National Corporation 0.03 5275 50.24 56.84
TEVA Teva Pharmaceutical Industries 0.03 NEW 3263 65.58 57.77
LEN Lennar Corporation 0.03 5500 48.91 48.23
ARG Airgas 0.03 NEW 1500 138.00 114.17
NOV National-Oilwell Var 0.03 -71.00% 6409 33.55 50.15
CI CIGNA Corporation 0.03 -9.00% 1823 146.46 120.83
GSK GlaxoSmithKline 0.03 6096 40.35 45.62
PX Praxair 0.03 2020 102.48 124.53
UNH UnitedHealth 0.03 2275 117.80 113.33
V Visa 0.03 3200 77.50 266.74
PAA Plains All American Pipeline 0.03 -78.00% 10088 23.10 47.37
INT World Fuel Services Corporation 0.03 NEW 5450 38.53 53.16
ODFL Old Dominion Freight Line 0.03 4662 58.99 77.51
SWKS Skyworks Solutions 0.03 2925 76.92 92.91
PNY Piedmont Natural Gas Company 0.03 NEW 3680 57.07 35.08
SKT Tanger Factory Outlet Centers 0.03 -27.00% 6192 32.62 34.92
DIA SPDR Dow Jones Industrial Average ETF 0.03 1300 173.85 176.97
CLDT Chatham Lodging Trust 0.03 11000 20.45 28.75
IXN iShares S&P; Global Technology Sect. 0.03 NEW 2200 97.73 96.00
MDYG SPDR DJ Wilshire Mid Cap Growth 0.03 2000 117.50 122.50
SFST Southern First Bancshares 0.03 12000 22.67 16.93
Allison Transmission Hldngs I 0.03 9300 25.91 0.00
EXAC Exactech 0.02 10000 18.20 21.90
Alerian Mlp Etf 0.02 NEW 15000 12.07 0.00
Kinder Morgan 0.02 -92.00% 12208 14.91 0.00
Carlyle Group L P 0.02 -51.00% 10400 15.58 0.00
Petroleum & Res Corp Com cef 0.02 10592 17.75 0.00
RF Regions Financial Corporation 0.01 11848 9.62 9.54
CHK Chesapeake Energy Corporation 0.01 -64.00% 14208 4.50 14.13
PSEC Prospect Capital Corporation 0.01 -20.00% 16375 6.96 8.49
BDSI BioDelivery Sciences International 0.01 22750 4.79 14.81
CYAN CYANOTECH 0.01 12078 5.46 8.49
Medley Capital Corporation 0.01 -14.00% 10575 7.57 0.00
Everyday Health 0.01 NEW 13500 6.00 0.00
Trupanion 0.01 NEW 11000 9.73 0.00
BVX Bovie Medical Corporation 0.00 NEW 12724 2.12 3.21
CRIS Curis 0.00 10000 2.90 3.06