Laffer Investments
Latest statistics and disclosures from Laffer Investments's latest quarterly 13F-HR filing:
- Top 5 stock holdings are COST, TXN, ABT, Nextera Energy, GE. These five stock positions account for 7.00% of Laffer Investments's total stock portfolio.
- Added to shares of Eaton, Gilead Sciences conv, Access Midstream Partners, L.p, OHI, GIS, MSFT, GE, MAT, Chesapeake Energy Corp note 2.750%11/1, KO.
- Started new stock positions in MAT, RPM, Artisan Mid Cap Value Fd, Genesee & Wyoming, Eaton, Mfs International Growth Fund mutual fund, Pimco High Yield Fund mutual fund, Columbia Fds Ser Tr mars grwth z, BMS, O, KMR, WES, NYB, SO, OHI, MET,
- Reduced shares in these stocks: Rayonier Trs Hldgs Inc note 3.750%10/1, Transocean Inc note 1.500%12/1, Gilead Sciences Inc note 0.625% 5/0, Newell Financial Trust I Cvt P convert, Amgen Inc note 0.375% 2/0, ETN, Charles Riv Labs Intl Inc note 2.250% 6/1, Cooper Industries, HAS, CHKM.
- Sold out of its positions in BBL, Centerpoint Energy Inc Vq 09-1 convert, Charles Riv Labs Intl Inc note 2.250% 6/1, CHKM, DHR, Delta Pete Corp note 3.750% 5/0, ETN, Gilead Sciences Inc note 0.625% 5/0, Gold Resv Inc note 5.500% 6/1, Newell Financial Trust I Cvt P convert, Rayonier Trs Hldgs Inc note 3.750%10/1, RDS.A, TEF, Transocean Inc note 1.500%12/1, WMT, WM, Cooper Industries.
- As of Dec. 31, 2012, Laffer Investments has $399.20M in assets under management (AUM). Assets under management grew from a total value of $348.73M to $399.20M.
- Independent of market fluctuations, Laffer Investments was a net buyer by $34.66M worth of stocks in the most recent quarter.
Laffer Investments portfolio companies for quarter ending December 2012
| Ticker | Name | Portfolio Weight | Change | Share Count | Price | Last Trade |
|---|---|---|---|---|---|---|
| COST | Costco Wholesale Corporation | 1.68 | 67900 | 98.73 | 112.27 | |
| TXN | Texas Instruments Incorporated | 1.38 | 177965 | 30.89 | 36.14 | |
| ABT | Abbott Laboratories | 1.33 | +38.00% | 80834 | 65.50 | 37.18 |
| Nextera Energy | 1.32 | +37.00% | 75898 | 69.19 | 0.00 | |
| GE | General Electric Company | 1.30 | +81.00% | 247844 | 20.99 | 23.77 |
| JNJ | Johnson & Johnson | 1.28 | +41.00% | 72956 | 70.10 | 86.08 |
| EWY | iShares MSCI South Korea Index Fund | 1.25 | +7.00% | 78733 | 63.35 | 54.63 |
| EPOL | iShares MSCI Poland Investable ETF | 1.25 | 168711 | 29.62 | 27.89 | |
| EWD | iShares MSCI Sweden Index | 1.24 | +6.00% | 163574 | 30.20 | 33.35 |
| EWH | iShares MSCI Hong Kong Index Fund | 1.22 | 250426 | 19.42 | 19.36 | |
| GIS | General Mills | 1.21 | +106.00% | 119517 | 40.42 | 49.63 |
| MSFT | Microsoft Corporation | 1.20 | +101.00% | 179384 | 26.71 | 34.93 |
| PM | Philip Morris International | 1.20 | +38.00% | 57457 | 83.64 | 92.85 |
| EWL | iShares MSCI Switzerland Index Fund | 1.19 | -3.00% | 177502 | 26.80 | 30.23 |
| CLX | Clorox Company | 1.18 | 64300 | 73.22 | 86.20 | |
| EWS | iShares MSCI Singapore Index Fund | 1.17 | 341908 | 13.69 | 13.32 | |
| Ishares Tr zealand invst | 1.16 | -4.00% | 133424 | 34.58 | 0.00 | |
| EWC | iShares MSCI Canada Index | 1.14 | +7.00% | 159934 | 28.40 | 27.61 |
| MCD | McDonald's Corporation | 1.11 | +47.00% | 50146 | 88.21 | 99.40 |
| CIU | iShares Barclays Inter Crd Bd Fund ETF) | 1.11 | +20.00% | 39689 | 111.29 | 109.50 |
| AGN | Allergan | 1.06 | 46300 | 91.73 | 102.61 | |
| HAL | Halliburton Company | 1.01 | 116500 | 34.69 | 43.30 | |
| LTD | Limited Brands | 0.99 | 83800 | 47.06 | 51.10 | |
| WYN | Wyndham Worldwide Corporation | 0.97 | 72600 | 53.21 | 59.49 | |
| LQD | iShares IBoxx $ Invest Grade Corp Bd Fd | 0.94 | -11.00% | 31111 | 120.99 | 117.03 |
| CSJ | iShares Barclays 1-3 Year Cred Bd Fd ETF | 0.92 | 34789 | 105.48 | 105.37 | |
| Eaton | 0.92 | NEW | 67755 | 54.18 | 0.00 | |
| Archer Daniels Midland Co note 0.875% 2/1 | 0.88 | -6.00% | 3478 | 1008.86 | 0.00 | |
| SHW | Sherwin-Williams Company | 0.88 | 22800 | 153.82 | 182.12 | |
| Medtronic Inc note 1.625% 4/1 | 0.87 | -7.00% | 3442 | 1010.52 | 0.00 | |
| EMN | Eastman Chemical Company | 0.84 | 49400 | 68.05 | 71.93 | |
| Gilead Sciences conv | 0.83 | NEW | 1968 | 1685.42 | 0.00 | |
| Te Connectivity Ltd for | 0.82 | 88300 | 37.12 | 0.00 | ||
| USB | U.S. Ban | 0.81 | 100800 | 31.94 | 35.26 | |
| Wells Fargo & Company Non-cum Perpet cnv | 0.77 | +32.00% | 2510 | 1225.00 | 0.00 | |
| AFL | AFLAC Incorporated | 0.76 | 57255 | 53.12 | 57.85 | |
| ITW | Illinois Tool Works | 0.76 | 50020 | 60.81 | 70.73 | |
| HOT | Starwood Hotels & Resorts Worldwide | 0.76 | 52700 | 57.36 | 66.78 | |
| E M C Corp Mass note 1.750%12/0 | 0.75 | -9.00% | 1886 | 1597.39 | 0.00 | |
| SLM | SLM Corporation | 0.74 | 173422 | 17.13 | 22.91 | |
| SJM | J.M. Smucker Company | 0.74 | 34158 | 86.24 | 103.38 | |
| CF | CF Industries Holdings | 0.74 | 14500 | 203.16 | 184.41 | |
| MKC | McCormick & Company, Incorporated | 0.73 | 46000 | 63.53 | 72.89 | |
| MSI | Motorola Solutions | 0.73 | 52514 | 55.68 | 57.40 | |
| DOW | Dow Chemical Company | 0.72 | 88805 | 32.33 | 34.27 | |
| CI | CIGNA Corporation | 0.72 | 53800 | 53.46 | 68.49 | |
| Intel Corp sdcv | 0.71 | 2737 | 1039.81 | 0.00 | ||
| OMC | Omni | 0.70 | 55690 | 49.96 | 63.55 | |
| BLK | BlackRock | 0.68 | +141.00% | 13085 | 206.71 | 274.35 |
| PFE | Pfizer | 0.68 | 108030 | 25.08 | 29.13 | |
| T | AT&T; | 0.68 | 80546 | 33.71 | 36.01 | |
| MDT | Medtronic | 0.67 | 65360 | 41.02 | 53.52 | |
| UTX | United Technologies Corporation | 0.67 | +2.00% | 32590 | 82.01 | 95.45 |
| Affiliated Managers Group note 3.950% 8/1 | 0.67 | -2.00% | 2336 | 1140.16 | 0.00 | |
| Old Republic Intl Corp note | 0.67 | -7.00% | 2507 | 1067.50 | 0.00 | |
| United Technol conv prf | 0.67 | 47920 | 55.71 | 0.00 | ||
| ALTR | Altera Corporation | 0.66 | 76400 | 34.39 | 32.97 | |
| NGG | National Grid | 0.66 | +143.00% | 46097 | 57.44 | 58.61 |
| GAME Technolog debt | 0.66 | +68.00% | 2519 | 1052.99 | 0.00 | |
| NU | Northeast Utilities System | 0.65 | 66455 | 39.08 | 42.36 | |
| EMR | Emerson Electric | 0.65 | +139.00% | 48932 | 52.96 | 56.54 |
| WAG | Walgreen Company | 0.65 | 69720 | 37.01 | 50.45 | |
| ARCC | Ares Capital Corporation | 0.65 | +139.00% | 149288 | 17.50 | 17.08 |
| Access Midstream Partners, L.p | 0.65 | NEW | 77002 | 33.54 | 0.00 | |
| National Retail Properties I note 5.125% 6/1 | 0.64 | -8.00% | 2066 | 1233.99 | 0.00 | |
| VZ | Verizon Communications | 0.64 | 59495 | 43.27 | 51.09 | |
| BDX | Becton, Dickinson and | 0.64 | 32520 | 78.19 | 100.20 | |
| GEL | Genesis Energy | 0.64 | +124.00% | 71455 | 35.72 | 52.43 |
| OHI | Omega Healthcare Investors | 0.64 | NEW | 107319 | 23.85 | 32.57 |
| HAS | Hasbro | 0.63 | -28.00% | 69760 | 35.90 | 44.72 |
| XOM | Exxon Mobil Corporation | 0.63 | 29035 | 86.55 | 91.22 | |
| Nextera Energy Inc. 7% Equity pfd cv | 0.63 | -4.00% | 46870 | 53.39 | 0.00 | |
| Molson Coors Brewing Co note 2.500% 7/3 | 0.62 | 2400 | 1034.86 | 0.00 | ||
| PG | Procter & Gamble Company | 0.62 | -28.00% | 36371 | 67.89 | 79.40 |
| RDS.B | Royal Dutch Shell | 0.62 | +143.00% | 34879 | 70.89 | 0.00 |
| Ingersoll-rand Co Ltd-cl A | 0.62 | 52000 | 47.96 | 0.00 | ||
| ADP | Automatic Data Processing | 0.61 | +135.00% | 42900 | 56.93 | 68.66 |
| XLNX | Xilinx | 0.61 | 67935 | 35.86 | 39.58 | |
| PEP | Pepsi | 0.61 | 35585 | 68.43 | 82.76 | |
| WMB | Williams Companies | 0.61 | +131.00% | 74240 | 32.74 | 33.42 |
| Bce | 0.61 | +134.00% | 57110 | 42.94 | 0.00 | |
| Jns 3.25% 7/15/2014 note | 0.61 | -7.00% | 2265 | 1069.66 | 0.00 | |
| Symantec Corp note 1.000% 6/1 | 0.60 | 2218 | 1079.26 | 0.00 | ||
| UPS | United Parcel Service | 0.60 | 32320 | 73.73 | 86.53 | |
| DLR | Digital Realty Trust | 0.60 | +161.00% | 35373 | 67.89 | 61.99 |
| Allegheny Technologies Inc note 4.250% 6/0 | 0.59 | -4.00% | 2141 | 1101.05 | 0.00 | |
| KO | Coca-Cola Company | 0.59 | +372.00% | 64610 | 36.25 | 40.81 |
| OKE | ONEOK | 0.59 | +132.00% | 54716 | 42.75 | 44.56 |
| DFS | Discover Financial Services | 0.58 | 59800 | 38.55 | 47.85 | |
| MAT | Mattel | 0.58 | NEW | 62845 | 36.62 | 44.87 |
| MAR | Marriott International | 0.57 | 61261 | 37.27 | 40.95 | |
| Boston Pptys Ltd Partnership note 3.750% 5/1 | 0.57 | -6.00% | 2049 | 1101.77 | 0.00 | |
| Health Care Reit Inc note 3.000%12/0 | 0.55 | 1764 | 1235.32 | 0.00 | ||
| VOD | Vodafone | 0.54 | +138.00% | 85809 | 25.19 | 28.68 |
| FLS | Flowserve Corporation | 0.54 | 14800 | 146.80 | 164.70 | |
| AGNC | American Capital Agency | 0.53 | +135.00% | 73404 | 28.90 | 25.53 |
| Newmont Mining Corp note 1.250% 7/1 | 0.53 | -11.00% | 1758 | 1198.80 | 0.00 | |
| Airtran Hldgs Inc note 5.250%11/0 | 0.53 | -5.00% | 1575 | 1334.69 | 0.00 | |
| Ares Capital Corp 5.75 16 convert | 0.53 | +7.00% | 1866 | 1126.04 | 0.00 | |
| Chesapeake Energy Corp note 2.750%11/1 | 0.52 | +10004.00% | 2122 | 970.47 | 0.00 | |
| TXT | Textron | 0.52 | 84100 | 24.79 | 27.22 | |
| TIP | iShares Barclays TIPS Bond Fund | 0.52 | -24.00% | 17116 | 121.41 | 114.46 |
| INTC | Intel Corporation | 0.51 | -26.00% | 99100 | 20.62 | 25.29 |
| BHI | Baker Hughes Incorporated | 0.51 | 49800 | 40.85 | 46.61 | |
| Ppl Corp unit 99/99/9999 | 0.51 | 38571 | 52.31 | 0.00 | ||
| Metlife Inc 5% 10/0/14 Conv Pr cv prf | 0.51 | +48.00% | 45420 | 44.47 | 0.00 | |
| COF | Capital One Financial | 0.50 | 34480 | 57.93 | 61.24 | |
| TROW | T. Rowe Price | 0.49 | 30200 | 65.12 | 74.84 | |
| Bunge Limited 4.875% Cum. Cv. pfd cv | 0.49 | -9.00% | 19087 | 102.25 | 0.00 | |
| HRS | Harris Corporation | 0.48 | 39500 | 48.96 | 50.18 | |
| Amgen Inc note 0.375% 2/0 | 0.47 | -54.00% | 1682 | 1123.62 | 0.00 | |
| L-3 Communications Corp debt 3.000% 8/0 | 0.45 | -7.00% | 1736 | 1039.56 | 0.00 | |
| LOW | Lowe's Companies | 0.45 | 50900 | 35.52 | 41.45 | |
| Steel Dynamics Inc note 5.125% 6/1 | 0.44 | NEW | 1598 | 1098.78 | 0.00 | |
| Ppl Corporation 8.75% pfd cv | 0.44 | +6.00% | 33020 | 53.73 | 0.00 | |
| Prologis Inc note 3.250% 3/1 | 0.44 | +19.00% | 1509 | 1151.22 | 0.00 | |
| MCHP | Microchip Technology | 0.43 | 52500 | 32.59 | 37.66 | |
| ANF | Abercrombie & Fitch | 0.43 | 35400 | 47.97 | 49.28 | |
| PH | Parker-Hannifin Corporation | 0.42 | 19500 | 85.06 | 97.82 | |
| Lam Research Corp conv | 0.42 | NEW | 1698 | 994.13 | 0.00 | |
| Coca-cola Enterprises | 0.41 | 52200 | 31.73 | 0.00 | ||
| Stanley Black & Decker Inc unit 99/99/9999 | 0.41 | -5.00% | 13302 | 121.75 | 0.00 | |
| Nextera Energy Inc conv prf | 0.41 | +16.00% | 32915 | 50.19 | 0.00 | |
| Sandisk Corp note 1.500% 8/1 | 0.40 | +45433.00% | 1366 | 1174.93 | 0.00 | |
| ROK | Rockwell Automation | 0.39 | 18600 | 83.99 | 86.93 | |
| Health Care Reit Pfd I 6.5% | 0.39 | 27200 | 57.19 | 0.00 | ||
| TSS | Total System Services | 0.38 | 71200 | 21.42 | 23.49 | |
| XRAY | DENTSPLY International | 0.38 | 38700 | 39.61 | 41.52 | |
| PLL | Pall Corporation | 0.38 | 25000 | 60.26 | 69.18 | |
| Apache Corp. 6% Mandatory Conv pfd cv | 0.38 | 33454 | 45.70 | 0.00 | ||
| WEC | Wisconsin Energy Corporation | 0.35 | 38200 | 36.85 | 41.52 | |
| LM | Legg Mason | 0.34 | 52632 | 25.72 | 33.42 | |
| COL | Rockwell Collins | 0.34 | 23500 | 58.17 | 64.89 | |
| ADI | Analog Devices | 0.33 | 31488 | 42.06 | 45.68 | |
| TE | TECO Energy | 0.33 | 77635 | 16.76 | 17.35 | |
| CTL | CenturyLink | 0.32 | 32300 | 39.12 | 36.30 | |
| HYG | iShares iBoxx $ High Yid Corp Bond | 0.32 | +2.00% | 13538 | 93.35 | 93.19 |
| Genesee & Wyoming | 0.32 | NEW | 11365 | 111.41 | 0.00 | |
| KLAC | KLA-Tencor Corporation | 0.30 | 24900 | 47.76 | 56.32 | |
| TEG | Integrys Energy | 0.30 | 22600 | 52.22 | 57.86 | |
| Arcelormittal Sa Luxembourg note 5.000% 5/1 | 0.29 | -6.00% | 1088 | 1055.28 | 0.00 | |
| Hartford Finl Svcs Group Inc dep conv pfd | 0.28 | -9.00% | 55057 | 20.65 | 0.00 | |
| MOLX | Molex Incorporated | 0.28 | 41600 | 27.33 | 30.00 | |
| CA | CA | 0.28 | -42.00% | 51735 | 21.98 | 28.58 |
| LLTC | Linear Technology Corporation | 0.27 | 31100 | 34.30 | 36.76 | |
| WIN | Windstream Corporation | 0.25 | 121000 | 8.28 | 8.20 | |
| SCG | SCANA Corporation | 0.24 | 20700 | 45.64 | 49.70 | |
| General Mtrs Co jr pfd cnv srb | 0.24 | NEW | 21920 | 44.13 | 0.00 | |
| BCR | C.R. Bard | 0.23 | 9500 | 97.74 | 111.72 | |
| CMA | Comerica Incorporated | 0.23 | 29900 | 30.34 | 37.58 | |
| Anglogold Ashanti Holdings Fin pfd cv | 0.19 | -13.00% | 20670 | 37.37 | 0.00 | |
| NI | NiSource | 0.18 | 29200 | 24.89 | 29.20 | |
| Alerian Mlp Etf | 0.07 | +282.00% | 18752 | 15.95 | 0.00 | |
| Itt | 0.07 | 11400 | 23.46 | 0.00 | ||
| DVY | iShares Dow Jones Select Dividend | 0.06 | +3637.00% | 4186 | 57.24 | 65.34 |
| Keycorp New pfd 7.75% sr a | 0.03 | -15.00% | 905 | 125.25 | 0.00 | |
| SHY | iShares Lehman 1-3 Year Treas.Bond | 0.03 | +108.00% | 1390 | 84.42 | 84.42 |
| IEI | iShares Lehman 3-7 Yr Treasury Bond | 0.03 | +14.00% | 874 | 123.22 | 122.48 |
| RPM | RPM International | 0.02 | NEW | 2900 | 29.36 | 32.60 |
| NYB | New York Community Ban | 0.02 | NEW | 4902 | 13.10 | 0.00 |
| WES | Western Gas Partners | 0.02 | NEW | 1536 | 47.63 | 61.63 |
| O | Realty Income | 0.02 | NEW | 1778 | 40.21 | 44.72 |
| IEF | iShares Lehman 7-10 Yr Treas. Bond | 0.02 | -25.00% | 650 | 107.49 | 105.36 |
| VCIT | Vanguard Intermediate Tm Cpte Bd ETF | 0.02 | -8.00% | 914 | 87.66 | 85.63 |
| SPY | SPDR S&P; 500 ETF | 0.01 | 300 | 142.41 | 165.02 | |
| KMR | Kinder Morgan Management | 0.01 | NEW | 615 | 75.46 | 80.19 |
| SO | Southern Company | 0.01 | NEW | 1200 | 42.81 | 44.78 |
| XLP | Consumer Staples Select Sect. SPDR | 0.01 | -55.00% | 1531 | 34.90 | 41.13 |
| TLT | iShares Barclays 20+ Yr Treas.Bond | 0.01 | -19.00% | 309 | 121.18 | 113.86 |
| BMS | Bemis Company | 0.00 | NEW | 1 | 33.46 | 39.77 |
| MET | MetLife | 0.00 | NEW | 1 | 33.02 | 44.63 |
| Dodge & Cox Fds Intl Stk Fd mutual funds | 0.00 | NEW | 112 | 34.64 | 0.00 | |
| Harbor Fd Bd Fd Instl mutual funds | 0.00 | NEW | 396 | 12.48 | 0.00 | |
| Artisan Mid Cap Value Fd | 0.00 | NEW | 92 | 20.79 | 0.00 | |
| Heartland Group Inc Val Plus Instl mutual funds | 0.00 | NEW | 93 | 29.64 | 0.00 | |
| Columbia Fds Ser Tr mars grwth z | 0.00 | NEW | 268 | 22.77 | 0.00 | |
| Davis Ny Venture Fd Inc Cl Y mutual | 0.00 | NEW | 183 | 35.15 | 0.00 | |
| Highmark Geneva Mid Cap Growth Fund mutual fund | 0.00 | NEW | 71 | 24.10 | 0.00 | |
| Mfs International Growth Fund mutual fund | 0.00 | NEW | 138 | 27.56 | 0.00 | |
| Pimco High Yield Fund mutual fund | 0.00 | NEW | 199 | 9.64 | 0.00 | |
| Pioneer Oak Ridge Small Cap Growth Fund mutual fund | 0.00 | NEW | 92 | 30.09 | 0.00 |
Past 13F-HR SEC Filings for Laffer Investments
- Laffer Investments 2012 Q2 - filed Aug. 24, 2012
- Laffer Investments 2011 Q4 - filed Feb. 16, 2012
- Laffer Investments 2011 Q1 - filed May 18, 2011
- Laffer Investments 2010 Q4 - filed Feb. 14, 2011