Laffer Investments

Laffer Investments as of Sept. 30, 2015

Portfolio Holdings for Laffer Investments

Laffer Investments holds 223 positions in its portfolio as reported in the September 2015 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Berkshire Hathaway (BRK.B) 1.8 $6.9M 53k 130.40
Coca-Cola Company (KO) 1.5 $5.8M 145k 40.12
Ishares Inc msci india index (INDA) 1.5 $5.6M 196k 28.57
Spdr S&p 500 Etf (SPY) 1.5 $5.5M 29k 191.63
Ishares msci uk 1.4 $5.3M 323k 16.39
Ishares Tr cmn (EIRL) 1.4 $5.3M 135k 38.93
iShares MSCI Hong Kong Index Fund (EWH) 1.4 $5.2M 270k 19.12
WisdomTree Japan Total Dividend (DXJ) 1.4 $5.1M 106k 48.66
Ishares Tr hdg msci germn (HEWG) 1.4 $5.1M 226k 22.69
Ishares Tr msci spain etf 1.3 $5.0M 237k 21.14
Gilead Sciences conv 1.3 $4.8M 1.1k 4335.85
Visa (V) 1.2 $4.7M 68k 69.66
Home Depot (HD) 1.2 $4.5M 39k 115.49
Pepsi (PEP) 1.1 $4.0M 43k 94.30
Merck & Co (MRK) 1.0 $3.7M 74k 49.39
Intel Corp. Jr. Sub. Cv. Deb. conv 0.9 $3.6M 2.4k 1521.56
Oracle Corporation (ORCL) 0.9 $3.4M 93k 36.12
Wells Fargo & Company Non-cum Perpet cnv (WFC.PL) 0.9 $3.3M 2.8k 1172.06
McDonald's Corporation (MCD) 0.9 $3.2M 33k 98.53
Wal-Mart Stores (WMT) 0.8 $3.2M 49k 64.84
Bristol Myers Squibb (BMY) 0.8 $3.1M 53k 59.20
Paychex (PAYX) 0.8 $3.1M 65k 47.63
Starbucks Corporation (SBUX) 0.8 $3.1M 55k 56.84
Priceline.com debt 1.000% 3/1 0.8 $3.1M 2.2k 1406.17
Nextera Energy, Inc. pfd cv 0.8 $3.1M 57k 53.69
JPMorgan Chase & Co. (JPM) 0.8 $3.0M 49k 60.97
Intel Corp sdcv 0.7 $2.8M 2.3k 1232.82
Anthem Inc conv p 0.7 $2.8M 58k 48.48
Ares Capital Corp 5.75 16 convert 0.7 $2.7M 2.7k 1027.27
Union Pacific Corporation (UNP) 0.7 $2.7M 31k 88.41
Schlumberger (SLB) 0.7 $2.6M 38k 68.97
United Technologies Corporation 0.7 $2.5M 29k 88.99
Novellus Systems, Inc. note 2.625% 5/1 0.7 $2.5M 1.3k 1979.45
priceline.com Incorporated 0.7 $2.5M 2.0k 1236.86
Dominion Resources Inc 6% 07/01/2016 conbnp 0.6 $2.4M 42k 55.94
Thermo Fisher Scientific (TMO) 0.6 $2.3M 19k 122.28
Dominion Res D Ser A Units 6.375% 01-jul-2017 convprf 0.6 $2.2M 44k 49.56
Time Warner 0.6 $2.2M 31k 68.75
Precision Castparts 0.6 $2.1M 9.3k 229.71
Old Republic Intl Corp note 0.6 $2.2M 1.9k 1163.11
Delta Air Lines (DAL) 0.6 $2.1M 47k 44.87
Broadcom Corporation 0.6 $2.1M 41k 51.43
Sandisk Corp note 1.500% 8/1 0.6 $2.1M 1.7k 1247.42
Allergan Plc pfd conv ser a 0.6 $2.1M 2.3k 944.96
Regeneron Pharmaceuticals (REGN) 0.5 $2.0M 4.4k 465.14
O'reilly Automotive (ORLY) 0.5 $2.0M 8.1k 250.00
Developers Diversified Rlty note 1.750%11/1 0.5 $2.0M 1.9k 1075.91
American Tower Corp New Pfd Co p 0.5 $2.1M 21k 99.67
Morgan Stanley (MS) 0.5 $2.0M 63k 31.50
Valero Energy Corporation (VLO) 0.5 $2.0M 34k 60.10
American Tower Reit (AMT) 0.5 $2.0M 23k 87.98
Laclede Group conv prf 0.5 $2.0M 38k 53.12
Cme (CME) 0.5 $2.0M 21k 92.74
Travelers Companies (TRV) 0.5 $2.0M 20k 99.53
McKesson Corporation (MCK) 0.5 $2.0M 11k 185.03
Alexandria Real Estate Equitie conv prf 0.5 $2.0M 73k 27.05
AutoZone (AZO) 0.5 $1.9M 2.7k 723.83
Constellation Brands (STZ) 0.5 $1.9M 16k 125.21
Rpm International Inc convertible cor 0.5 $1.9M 1.7k 1126.20
Progressive Corporation (PGR) 0.5 $1.9M 62k 30.64
Ecolab (ECL) 0.5 $1.9M 17k 109.72
PG&E Corporation (PCG) 0.5 $1.9M 35k 52.80
Lam Research Corp conv 0.5 $1.9M 1.5k 1267.59
Fidelity National Information Services (FIS) 0.5 $1.8M 27k 67.08
H&R Block (HRB) 0.5 $1.8M 50k 36.20
D.R. Horton (DHI) 0.5 $1.8M 62k 29.36
Southwest Airlines (LUV) 0.5 $1.8M 48k 38.04
L Brands 0.5 $1.8M 20k 90.13
Cardinal Health (CAH) 0.5 $1.8M 23k 76.82
Brown-Forman Corporation (BF.B) 0.5 $1.8M 18k 96.90
Clorox Company (CLX) 0.5 $1.8M 16k 115.53
Dollar General (DG) 0.5 $1.8M 24k 72.44
Prologis (PLD) 0.5 $1.8M 45k 38.90
Crown Castle Intl (CCI) 0.5 $1.8M 23k 78.87
Boston Scientific Corporation (BSX) 0.5 $1.7M 106k 16.41
BB&T Corporation 0.5 $1.7M 49k 35.60
Dr Pepper Snapple 0.5 $1.7M 22k 79.05
Apollo Invt Corp note 5.750% 1/1 0.5 $1.7M 1.7k 1034.90
Tyson Foods Inc cnv p 0.5 $1.7M 34k 51.89
Campbell Soup Company (CPB) 0.5 $1.7M 34k 50.68
Hershey Company (HSY) 0.5 $1.7M 19k 91.88
Tesoro Corporation 0.5 $1.7M 18k 97.24
DTE Energy Company (DTE) 0.5 $1.7M 21k 80.37
Cameron International Corporation 0.5 $1.7M 28k 61.32
Marathon Petroleum Corp (MPC) 0.5 $1.7M 37k 46.33
Aon 0.5 $1.7M 19k 88.61
Weyerhaeuser C conv prf 0.5 $1.7M 36k 47.91
CMS Energy Corporation (CMS) 0.4 $1.6M 47k 35.32
Total System Services 0.4 $1.7M 37k 45.43
Best Buy (BBY) 0.4 $1.7M 45k 37.12
Darden Restaurants (DRI) 0.4 $1.7M 25k 68.54
Universal Health Services (UHS) 0.4 $1.7M 13k 124.81
Citrix Systems Inc conv 0.4 $1.7M 1.6k 1060.21
Welltower Inc 6.50% pfd prepet 0.4 $1.6M 27k 61.36
Microsoft Corporation (MSFT) 0.4 $1.6M 37k 44.26
Vulcan Materials Company (VMC) 0.4 $1.6M 18k 89.20
Mohawk Industries (MHK) 0.4 $1.6M 9.0k 181.79
Intuitive Surgical (ISRG) 0.4 $1.6M 3.5k 459.58
SCANA Corporation 0.4 $1.6M 29k 56.26
Wec Energy Group (WEC) 0.4 $1.6M 31k 52.22
Anadarko Petroleum Corp conv p 0.4 $1.6M 44k 37.36
Corning Incorporated (GLW) 0.4 $1.6M 92k 17.12
Suntrust Banks Inc $1.00 Par Cmn 0.4 $1.6M 42k 38.24
Moody's Corporation (MCO) 0.4 $1.6M 16k 98.20
Martin Marietta Materials (MLM) 0.4 $1.6M 10k 151.95
Stanley Black & Decker (SWK) 0.4 $1.6M 16k 96.98
Newell Rubbermaid (NWL) 0.4 $1.6M 40k 39.71
Bank of America Corporation (BAC) 0.4 $1.6M 100k 15.58
Equifax (EFX) 0.4 $1.6M 16k 97.18
Red Hat 0.4 $1.6M 22k 71.88
Amphenol Corporation (APH) 0.4 $1.6M 31k 50.96
General Growth Properties 0.4 $1.5M 60k 25.97
Bunge Limited 4.875% Cum. Cv. pfd cv 0.4 $1.6M 16k 98.15
People's United Financial 0.4 $1.5M 96k 15.73
United Parcel Service (UPS) 0.4 $1.5M 16k 98.69
Snap-on Incorporated (SNA) 0.4 $1.5M 10k 150.94
DaVita (DVA) 0.4 $1.5M 21k 72.33
AmerisourceBergen (COR) 0.4 $1.5M 16k 94.99
St. Jude Medical 0.4 $1.5M 24k 63.09
Huntington Bancshares Incorporated (HBAN) 0.4 $1.5M 139k 10.60
Sherwin-Williams Company (SHW) 0.4 $1.5M 6.6k 222.78
Occidental Petroleum Corporation (OXY) 0.4 $1.5M 22k 66.15
Weyerhaeuser Company (WY) 0.4 $1.5M 54k 27.34
Stanley Black & Decker Inc unit 99/99/9999 0.4 $1.5M 11k 133.44
Prospect Capital Corp note 0.4 $1.5M 1.4k 1032.17
W.W. Grainger (GWW) 0.4 $1.4M 6.6k 215.01
Apartment Investment and Management 0.4 $1.5M 39k 37.02
Paccar (PCAR) 0.4 $1.4M 27k 52.17
Omega Healthcare Investors (OHI) 0.4 $1.5M 41k 35.15
Realty Income (O) 0.4 $1.4M 30k 47.39
Trinity Inds Inc note 3.875% 6/0 0.4 $1.4M 1.2k 1206.94
Goldman Sachs (GS) 0.4 $1.4M 8.1k 173.76
CarMax (KMX) 0.4 $1.4M 24k 59.32
Target Corporation (TGT) 0.4 $1.4M 18k 78.66
Fastenal Company (FAST) 0.4 $1.4M 38k 36.61
Robert Half International (RHI) 0.4 $1.4M 27k 51.16
Zions Bancorporation (ZION) 0.4 $1.4M 51k 27.54
Ralph Lauren Corp (RL) 0.4 $1.4M 12k 118.16
Macquarie Infrastructure conv 0.4 $1.4M 1.2k 1151.30
Paypal Holdings (PYPL) 0.4 $1.4M 45k 31.04
BlackRock 0.4 $1.4M 4.6k 297.52
Cisco Systems (CSCO) 0.4 $1.4M 52k 26.25
Bce (BCE) 0.4 $1.4M 33k 40.96
Exelon Corp 6.5% 01-jun-2017 convprf 0.4 $1.3M 31k 43.83
Johnson & Johnson (JNJ) 0.3 $1.3M 14k 93.35
Pfizer (PFE) 0.3 $1.3M 42k 31.41
Varian Medical Systems 0.3 $1.3M 18k 73.78
Seagate Technology Com Stk 0.3 $1.3M 30k 44.80
Textron (TXT) 0.3 $1.3M 36k 37.64
Vodafone Group New Adr F (VOD) 0.3 $1.3M 42k 31.74
Bed Bath & Beyond 0.3 $1.3M 23k 57.02
Nucor Corporation (NUE) 0.3 $1.3M 34k 37.55
Pitney Bowes (PBI) 0.3 $1.3M 65k 19.85
Nextera Energy (NEE) 0.3 $1.3M 13k 97.55
Procter & Gamble Company (PG) 0.3 $1.3M 18k 71.94
Quanta Services (PWR) 0.3 $1.3M 53k 24.21
Invesco (IVZ) 0.3 $1.3M 41k 31.23
Level 3 Communications 0.3 $1.3M 30k 43.69
Wp Carey (WPC) 0.3 $1.3M 22k 57.81
Stanley Black & Decker Inc Uni p 0.3 $1.3M 12k 111.45
Southwestern Energy Co Dep 1/2 dep shs 1/20 b 0.3 $1.3M 41k 31.30
Boeing Company (BA) 0.3 $1.2M 9.4k 130.95
Dun & Bradstreet Corporation 0.3 $1.2M 12k 105.00
Ford Motor Company (F) 0.3 $1.2M 90k 13.57
Adt 0.3 $1.2M 41k 29.90
Industries N shs - a - (LYB) 0.3 $1.2M 14k 83.36
Newmont Mining Corp Cvt cv bnd 0.3 $1.2M 1.2k 1001.43
Northstar Rlty Fin 0.3 $1.2M 95k 12.35
Nvidia Corp note 1.000 12/0 0.3 $1.2M 874.00 1324.55
Whole Foods Market 0.3 $1.1M 36k 31.65
eBay (EBAY) 0.3 $1.1M 45k 24.44
Philip Morris International (PM) 0.3 $1.1M 14k 79.33
Xilinx Inc Cvt 2.625 6-15-17 convert 0.3 $1.1M 719.00 1511.30
Nextera Energy Inc unit 08/31/2018 0.3 $1.1M 22k 51.34
iShares IBoxx $ Invest Grade Corp Bd (LQD) 0.3 $1.1M 9.3k 116.09
iShares Barclays Inter Crd Bd Fund ETF) (IGIB) 0.3 $1.1M 9.7k 108.60
Kinder Morgan (KMI) 0.3 $1.0M 38k 27.68
Janus Capital conv 0.3 $1.0M 788.00 1326.08
Alcoa Inc cnv p 0.3 $1.0M 31k 33.85
Yahoo Inc note 12/0 0.3 $1.0M 1.1k 970.34
Teradata Corporation (TDC) 0.3 $965k 33k 28.96
Micron Technology Inc conv 0.3 $988k 1.1k 868.65
Centerpoint Energy Inc Vq 09-1 convert 0.2 $940k 16k 58.48
Stericycle, Inc. pfd cv 0.2 $946k 9.3k 101.71
Marathon Oil Corporation (MRO) 0.2 $882k 57k 15.40
Seacor Holdings Inc note 2.500%12/1 0.2 $851k 873.00 974.68
iShares Lehman MBS Bond Fund (MBB) 0.2 $848k 7.7k 109.62
Ishares Tr fltg rate nt (FLOT) 0.2 $820k 16k 50.45
Energy Transfer Partners 0.2 $782k 19k 41.07
iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) 0.2 $617k 5.9k 105.13
Ngl Energy Partners Lp Com Uni (NGL) 0.2 $589k 30k 19.97
Clyme US Cptl Mkts Mco Trm Fxd Idx 0.1 $564k 11k 50.05
iShares iBoxx $ High Yid Corp Bond (HYG) 0.1 $503k 6.0k 83.29
Dollar Tree (DLTR) 0.1 $324k 4.9k 66.66
Altria (MO) 0.1 $230k 4.2k 54.40
iShares Lehman 1-3 Year Treas.Bond (SHY) 0.1 $244k 2.9k 84.99
Morgan Stanley 6.875 Pfd Cal (MS.PF) 0.1 $211k 7.9k 26.73
Jpm 6.27 12/31/49 0.1 $217k 8.1k 26.79
Banc Of California Inc. convertible preferred 0.1 $217k 3.7k 58.17
Ares Capital Corporation (ARCC) 0.1 $184k 13k 14.48
Epr Pptys conv pfd 9% sr e (EPR.PE) 0.1 $202k 6.6k 30.74
Nustar Logistics Lp prf 0.1 $198k 8.0k 24.79
Wells Fargo 5.85% public 0.1 $205k 8.0k 25.50
Citigroup Inc. 7.125% prd 0.1 $208k 7.7k 26.92
Seaspan Corp Pfd E 8.25% p 0.1 $196k 8.2k 23.87
Frontier Communications Corp pfd conv ser-a 0.1 $206k 2.2k 93.57
iShares Lehman 3-7 Yr Treasury Bond (IEI) 0.0 $167k 1.3k 124.65
Vanguard Intermediate Tm Cpte Bd ETF (VCIT) 0.0 $137k 1.6k 85.43
Safeway Inc New Xxx warrant and righ 0.0 $85k 84k 1.01
Health Care SPDR (XLV) 0.0 $54k 814.00 66.23
Consumer Staples Select Sect. SPDR (XLP) 0.0 $34k 716.00 47.21
iShares Lehman 7-10 Yr Treas. Bond (IEF) 0.0 $44k 406.00 107.87
iShares Barclays 20+ Yr Treas.Bond (TLT) 0.0 $25k 206.00 123.54
Alerian Mlp Etf 0.0 $34k 2.7k 12.48
iShares Barclays TIPS Bond Fund (TIP) 0.0 $48k 431.00 110.69
American Income Fnd Of America (AMECX) 0.0 $10k 519.00 19.84
BLACKROCK GLB ALLOCATION Fd Cl mf (MDLOX) 0.0 $3.6k 188.00 18.97
Delaware Limited-term Diversif (DTRIX) 0.0 $13k 1.5k 8.49
Bond Fund Of America mutual fund (ABNDX) 0.0 $7.7k 602.00 12.76
Janus Flexible Bd Fd mf (JAFIX) 0.0 $7.4k 706.00 10.46
Safeway Inc New Xxx warrant and righ 0.0 $4.1k 84k 0.05
Guggenheim Dow Val 20 Re 0.0 $18k 1.9k 9.33
Janus Balanced Fnd S mutual fund 0.0 $4.2k 143.00 29.17