Laffer Investments

Laffer Investments as of Dec. 31, 2015

Portfolio Holdings for Laffer Investments

Laffer Investments holds 218 positions in its portfolio as reported in the December 2015 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Berkshire Hathaway (BRK.B) 1.9 $7.0M 53k 132.04
Spdr S&p 500 Etf (SPY) 1.5 $5.4M 27k 203.87
Coca-Cola Company (KO) 1.4 $5.3M 123k 42.96
Visa (V) 1.4 $5.2M 68k 77.55
Home Depot (HD) 1.4 $5.2M 39k 132.25
Ishares Tr cmn (EIRL) 1.4 $5.1M 124k 41.56
Ishares Tr hdg msci germn (HEWG) 1.4 $5.1M 207k 24.62
iShares MSCI Hong Kong Index Fund (EWH) 1.3 $4.9M 247k 19.91
Ishares Inc msci india index (INDA) 1.3 $4.9M 179k 27.50
WisdomTree Japan Total Dividend (DXJ) 1.3 $4.9M 97k 50.08
Gilead Sciences conv 1.3 $4.8M 1.1k 4489.96
Ishares msci uk 1.3 $4.8M 296k 16.30
Ishares Tr msci spain etf 1.2 $4.5M 216k 20.62
Pepsi (PEP) 1.2 $4.3M 43k 99.92
Intel Corp. Jr. Sub. Cv. Deb. conv 1.1 $4.2M 2.5k 1693.20
Merck & Co (MRK) 1.1 $3.9M 74k 52.82
McDonald's Corporation (MCD) 1.1 $3.9M 33k 118.14
Bristol Myers Squibb (BMY) 1.0 $3.6M 53k 68.79
Anthem Inc conv p 0.9 $3.4M 74k 46.05
Oracle Corporation (ORCL) 0.9 $3.4M 93k 36.53
Starbucks Corporation (SBUX) 0.9 $3.3M 55k 60.03
Allergan Plc pfd conv ser a 0.9 $3.3M 3.2k 1027.42
Wells Fargo & Company Non-cum Perpet cnv (WFC.PL) 0.9 $3.2M 2.7k 1156.87
Novellus Systems, Inc. note 2.625% 5/1 0.8 $3.1M 1.3k 2356.16
Intel Corp sdcv 0.8 $3.1M 2.4k 1286.93
Priceline.com debt 1.000% 3/1 0.8 $3.1M 2.2k 1430.22
Wal-Mart Stores (WMT) 0.8 $3.0M 49k 61.30
Nextera Energy, Inc. pfd cv 0.8 $2.9M 53k 54.75
Sandisk Corp note 1.500% 8/1 0.8 $2.8M 1.8k 1582.05
United Technologies Corporation 0.7 $2.7M 29k 96.07
Ares Capital Corp 5.75 16 convert 0.7 $2.7M 2.6k 1047.67
Thermo Fisher Scientific (TMO) 0.7 $2.6M 19k 141.85
Schlumberger (SLB) 0.7 $2.7M 38k 69.75
priceline.com Incorporated 0.7 $2.6M 2.0k 1274.95
Paychex (PAYX) 0.7 $2.4M 46k 52.89
Lam Research Corp conv 0.7 $2.4M 1.7k 1438.00
Delta Air Lines (DAL) 0.7 $2.4M 47k 50.69
Broadcom Corporation 0.7 $2.4M 41k 57.82
Regeneron Pharmaceuticals (REGN) 0.6 $2.4M 4.4k 542.87
Union Pacific Corporation (UNP) 0.6 $2.4M 31k 78.20
Valero Energy Corporation (VLO) 0.6 $2.4M 34k 70.71
Old Republic Intl Corp note 0.6 $2.4M 1.8k 1289.95
JPMorgan Chase & Co. (JPM) 0.6 $2.3M 34k 66.03
Dominion Resources Inc 6% 07/01/2016 conbnp 0.6 $2.2M 42k 53.80
Travelers Companies (TRV) 0.6 $2.2M 20k 112.86
Constellation Brands (STZ) 0.6 $2.2M 16k 142.44
American Tower Reit (AMT) 0.6 $2.2M 23k 96.95
Precision Castparts 0.6 $2.2M 9.3k 232.01
Darden Restaurants (DRI) 0.6 $2.1M 34k 63.64
McKesson Corporation (MCK) 0.6 $2.1M 11k 197.23
Dominion Res D Ser A Units 6.375% 01-jul-2017 convprf 0.6 $2.1M 44k 48.15
Laclede Group conv prf 0.6 $2.1M 38k 55.94
O'reilly Automotive (ORLY) 0.6 $2.1M 8.1k 253.42
American Tower Corp New Pfd Co p 0.6 $2.1M 20k 102.36
Time Warner 0.6 $2.0M 31k 64.67
Cardinal Health (CAH) 0.6 $2.0M 23k 89.27
Dr Pepper Snapple 0.6 $2.0M 22k 93.20
Southwest Airlines (LUV) 0.6 $2.1M 48k 43.06
Tyson Foods Inc cnv p 0.6 $2.0M 33k 60.74
Ecolab (ECL) 0.5 $2.0M 17k 114.38
Morgan Stanley (MS) 0.5 $2.0M 63k 31.81
D.R. Horton (DHI) 0.5 $2.0M 62k 32.03
Progressive Corporation (PGR) 0.5 $2.0M 62k 31.80
Boston Scientific Corporation (BSX) 0.5 $1.9M 106k 18.44
Clorox Company (CLX) 0.5 $2.0M 16k 126.83
AutoZone (AZO) 0.5 $2.0M 2.7k 741.91
Alexandria Real Estate Equitie conv prf 0.5 $2.0M 73k 27.16
Weyerhaeuser C conv prf 0.5 $1.9M 39k 50.16
Crown Castle Intl (CCI) 0.5 $2.0M 23k 86.45
Cme (CME) 0.5 $1.9M 21k 90.60
Intuitive Surgical (ISRG) 0.5 $1.9M 3.5k 546.16
Prologis (PLD) 0.5 $1.9M 45k 42.92
Marathon Petroleum Corp (MPC) 0.5 $1.9M 37k 51.84
L Brands 0.5 $1.9M 20k 95.82
Rpm International Inc convertible cor 0.5 $1.9M 1.7k 1134.23
PG&E Corporation (PCG) 0.5 $1.9M 35k 53.19
Total System Services 0.5 $1.8M 37k 49.80
BB&T Corporation 0.5 $1.8M 49k 37.81
Tesoro Corporation 0.5 $1.9M 18k 105.37
Suntrust Banks Inc $1.00 Par Cmn 0.5 $1.8M 42k 42.84
Brown-Forman Corporation (BF.B) 0.5 $1.8M 18k 99.28
Red Hat 0.5 $1.8M 22k 82.81
Equifax (EFX) 0.5 $1.8M 16k 111.37
Newell Rubbermaid (NWL) 0.5 $1.8M 40k 44.08
Campbell Soup Company (CPB) 0.5 $1.8M 34k 52.55
Cameron International Corporation 0.5 $1.8M 28k 63.20
Aon 0.5 $1.8M 19k 92.21
Welltower Inc 6.50% pfd prepet 0.5 $1.8M 29k 60.84
Teva Pharmaceutical Industries 0.5 $1.8M 1.7k 1022.58
Stanley Black & Decker (SWK) 0.5 $1.7M 16k 106.73
Vulcan Materials Company (VMC) 0.5 $1.7M 18k 94.97
SCANA Corporation 0.5 $1.7M 29k 60.49
Dollar General (DG) 0.5 $1.8M 24k 71.87
Snap-on Incorporated (SNA) 0.5 $1.7M 10k 171.43
Sherwin-Williams Company (SHW) 0.5 $1.7M 6.6k 259.60
Mohawk Industries (MHK) 0.5 $1.7M 9.0k 189.39
Citrix Systems Inc conv 0.5 $1.7M 1.6k 1092.43
CMS Energy Corporation (CMS) 0.5 $1.7M 47k 36.08
Corning Incorporated (GLW) 0.5 $1.7M 92k 18.28
Bank of America Corporation (BAC) 0.5 $1.7M 100k 16.83
H&R Block (HRB) 0.5 $1.7M 50k 33.31
AmerisourceBergen (COR) 0.5 $1.7M 16k 103.71
Hershey Company (HSY) 0.5 $1.7M 19k 89.27
DTE Energy Company (DTE) 0.5 $1.7M 21k 80.19
Fidelity National Information Services (FIS) 0.4 $1.6M 27k 60.60
Moody's Corporation (MCO) 0.4 $1.6M 16k 100.34
Weyerhaeuser Company (WY) 0.4 $1.6M 54k 29.98
General Growth Properties 0.4 $1.6M 60k 27.21
Level 3 Communications 0.4 $1.6M 30k 54.36
Paypal Holdings (PYPL) 0.4 $1.6M 45k 36.20
Universal Health Services (UHS) 0.4 $1.6M 13k 119.49
Amphenol Corporation (APH) 0.4 $1.6M 31k 52.23
Huntington Bancshares Incorporated (HBAN) 0.4 $1.5M 139k 11.06
People's United Financial 0.4 $1.5M 96k 16.15
Apartment Investment and Management 0.4 $1.6M 39k 40.03
Fastenal Company (FAST) 0.4 $1.5M 38k 40.82
Realty Income (O) 0.4 $1.6M 30k 51.63
Apollo Invt Corp note 5.750% 1/1 0.4 $1.6M 1.5k 1054.46
Goldman Sachs (GS) 0.4 $1.5M 8.1k 180.23
Occidental Petroleum Corporation (OXY) 0.4 $1.5M 22k 67.61
Textron (TXT) 0.4 $1.5M 36k 42.01
St. Jude Medical 0.4 $1.5M 24k 61.77
Prospect Capital Corp note 0.4 $1.5M 1.4k 1045.52
DaVita (DVA) 0.4 $1.4M 21k 69.71
Varian Medical Systems 0.4 $1.4M 18k 80.80
Bunge Limited 4.875% Cum. Cv. pfd cv 0.4 $1.4M 16k 92.49
Nvidia Corp note 1.000 12/0 0.4 $1.4M 868.00 1664.47
Martin Marietta Materials (MLM) 0.4 $1.4M 10k 136.58
Zions Bancorporation (ZION) 0.4 $1.4M 51k 27.30
Macquarie Infrastructure conv 0.4 $1.4M 1.2k 1151.81
Anadarko Petroleum Corp conv p 0.4 $1.4M 42k 33.91
Trinity Inds Inc note 3.875% 6/0 0.4 $1.4M 1.1k 1202.75
Nucor Corporation (NUE) 0.4 $1.4M 34k 40.30
Best Buy (BBY) 0.4 $1.4M 45k 30.45
Invesco (IVZ) 0.4 $1.4M 41k 33.48
Stanley Black & Decker Inc Uni p 0.4 $1.4M 12k 118.88
Pitney Bowes (PBI) 0.4 $1.3M 65k 20.65
W.W. Grainger (GWW) 0.4 $1.3M 6.6k 202.59
Xilinx Inc Cvt 2.625 6-15-17 convert 0.4 $1.3M 820.00 1628.67
Adt 0.4 $1.3M 41k 32.98
Illumina Inc. 0.00% June 15, 2019 ccb 0.4 $1.3M 1.2k 1092.53
Red Hat Inc conv 0.4 $1.3M 1.0k 1305.22
Paccar (PCAR) 0.3 $1.3M 27k 47.40
Robert Half International (RHI) 0.3 $1.3M 27k 47.14
Ralph Lauren Corp (RL) 0.3 $1.3M 12k 111.48
Nextera Energy Inc unit 08/31/2018 0.3 $1.3M 25k 52.48
CarMax (KMX) 0.3 $1.3M 24k 53.97
eBay (EBAY) 0.3 $1.2M 45k 27.48
Whole Foods Market 0.3 $1.2M 36k 33.50
Exelon Corp 6.5% 01-jun-2017 convprf 0.3 $1.2M 30k 40.38
Dun & Bradstreet Corporation 0.3 $1.2M 12k 103.93
Newmont Mining Corp Cvt cv bnd 0.3 $1.2M 1.2k 1002.37
Bed Bath & Beyond 0.3 $1.1M 23k 48.25
Centerpoint Energy Inc Vq 09-1 convert 0.3 $1.1M 19k 57.17
Janus Capital conv 0.3 $1.1M 783.00 1394.86
Alcoa Inc cnv p 0.3 $1.1M 34k 33.23
Quanta Services (PWR) 0.3 $1.1M 53k 20.25
Seagate Technology Com Stk 0.3 $1.1M 30k 36.66
Micron Technology Inc conv 0.3 $1.0M 1.2k 843.23
Yahoo Inc note 12/0 0.3 $1.0M 1.0k 977.08
Teradata Corporation (TDC) 0.2 $881k 33k 26.42
Stericycle, Inc. pfd cv 0.2 $861k 9.5k 91.08
Marathon Oil Corporation (MRO) 0.2 $721k 57k 12.59
Microsoft Corporation (MSFT) 0.2 $664k 12k 55.48
iShares IBoxx $ Invest Grade Corp Bd (LQD) 0.2 $669k 5.9k 114.01
iShares Barclays Inter Crd Bd Fund ETF) (IGIB) 0.2 $656k 6.1k 107.28
Johnson & Johnson (JNJ) 0.2 $613k 6.0k 102.72
Cisco Systems (CSCO) 0.2 $612k 23k 27.16
Altria (MO) 0.2 $648k 11k 58.21
Procter & Gamble Company (PG) 0.2 $612k 7.7k 79.41
Macquarie Infrastructure Company 0.2 $641k 8.8k 72.60
Wec Energy Group (WEC) 0.2 $635k 12k 51.31
Pfizer (PFE) 0.2 $586k 18k 32.28
United Parcel Service (UPS) 0.2 $599k 6.2k 96.23
Target Corporation (TGT) 0.2 $586k 8.1k 72.61
Ford Motor Company (F) 0.2 $582k 41k 14.09
Bce (BCE) 0.2 $582k 15k 38.62
Omega Healthcare Investors (OHI) 0.2 $576k 17k 34.98
Vodafone Group New Adr F (VOD) 0.2 $592k 18k 32.26
Prudential Financial (PRU) 0.1 $567k 7.0k 81.41
Industries N shs - a - (LYB) 0.1 $562k 6.5k 86.90
Wp Carey (WPC) 0.1 $571k 9.7k 59.00
iShares Lehman MBS Bond Fund (MBB) 0.1 $524k 4.9k 107.70
Ishares Tr fltg rate nt (FLOT) 0.1 $515k 10k 50.44
Boeing Company (BA) 0.1 $390k 2.7k 144.59
Amgen (AMGN) 0.1 $400k 2.5k 162.33
Energy Transfer Partners 0.1 $417k 12k 33.73
iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) 0.1 $390k 3.7k 104.60
Nextera Energy (NEE) 0.1 $387k 3.7k 103.89
Dollar Tree (DLTR) 0.1 $375k 4.9k 77.22
Edison International (EIX) 0.1 $361k 6.1k 59.21
Clyme US Cptl Mkts Mco Trm Fxd Idx 0.1 $356k 7.1k 49.86
iShares iBoxx $ High Yid Corp Bond (HYG) 0.1 $326k 4.0k 80.58
iShares Lehman 1-3 Year Treas.Bond (SHY) 0.1 $242k 2.9k 84.36
SPDR Barclays Capital Convertible SecETF (CWB) 0.1 $270k 6.2k 43.28
Banc Of California Inc. convertible preferred 0.1 $266k 3.9k 67.70
Epr Pptys conv pfd 9% sr e (EPR.PE) 0.1 $217k 6.9k 31.22
Frontier Communications Corp pfd conv ser-a 0.1 $212k 2.3k 91.13
Ares Capital Corporation (ARCC) 0.1 $181k 13k 14.25
Four Corners Ppty Tr (FCPT) 0.1 $197k 8.2k 24.16
iShares Lehman 3-7 Yr Treasury Bond (IEI) 0.0 $164k 1.3k 122.61
Vanguard Intermediate Tm Cpte Bd ETF (VCIT) 0.0 $135k 1.6k 84.09
49456b 20 0 Kinder Morgan Inc Del Pfd Ser A kinder morgan inc del 0.0 $121k 3.0k 40.00
Health Care SPDR (XLV) 0.0 $59k 814.00 72.03
Safeway Inc New Xxx warrant and righ 0.0 $84k 84k 1.01
Consumer Staples Select Sect. SPDR (XLP) 0.0 $36k 716.00 50.49
iShares Lehman 7-10 Yr Treas. Bond (IEF) 0.0 $43k 406.00 105.59
iShares Barclays 20+ Yr Treas.Bond (TLT) 0.0 $25k 206.00 120.58
iShares Barclays TIPS Bond Fund (TIP) 0.0 $47k 431.00 109.68
BlackRock 0.0 $5.1k 15.00 340.47
Alerian Mlp Etf 0.0 $9.5k 787.00 12.05
Developers Diversified Rlty note 1.750%11/1 0.0 $8.000000 2.00 4.00
Ngl Energy Partners Lp Com Uni (NGL) 0.0 $11.000000 1.00 11.00
Seadrill Partners 0.0 $3.000000 1.00 3.00
Pinnacle Foods Inc De 0.0 $42.000000 1.00 42.00
Seacor Holdings Inc note 2.500%12/1 0.0 $6.000000 3.00 2.00
Safeway Inc New Xxx warrant and righ 0.0 $4.2k 84k 0.05
Southwestern Energy Co Dep 1/2 dep shs 1/20 b 0.0 $3.2k 175.00 18.55