Laffer Investments

Laffer Investments as of March 31, 2016

Portfolio Holdings for Laffer Investments

Laffer Investments holds 215 positions in its portfolio as reported in the March 2016 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Berkshire Hathaway (BRK.B) 2.0 $7.6M 53k 141.88
Coca-Cola Company (KO) 1.6 $5.8M 125k 46.39
Spdr S&p 500 Etf (SPY) 1.5 $5.4M 26k 205.52
Home Depot (HD) 1.4 $5.2M 39k 133.43
Visa (V) 1.4 $5.2M 68k 76.48
Ishares Tr cmn (EIRL) 1.3 $5.0M 123k 40.20
iShares MSCI Hong Kong Index Fund (EWH) 1.3 $4.9M 246k 19.77
Ishares Inc msci india index (INDA) 1.3 $4.8M 178k 27.12
Ishares Tr hdg msci germn (HEWG) 1.3 $4.7M 206k 23.01
Ishares msci uk 1.2 $4.6M 294k 15.68
Pepsi (PEP) 1.2 $4.4M 43k 102.48
WisdomTree Japan Total Dividend (DXJ) 1.1 $4.2M 96k 43.71
Gilead Sciences conv 1.1 $4.2M 1.0k 4115.15
McDonald's Corporation (MCD) 1.1 $4.1M 33k 125.68
Ishares Tr msci spain etf 1.1 $4.1M 215k 18.91
Merck & Co (MRK) 1.1 $3.9M 74k 52.91
Anthem Inc conv p 1.1 $3.9M 84k 46.63
Oracle Corporation (ORCL) 1.0 $3.8M 93k 40.91
Intel Corp. Jr. Sub. Cv. Deb. conv 1.0 $3.8M 2.4k 1604.01
Nextera Energy Inc unit 08/31/2018 1.0 $3.6M 59k 60.58
Bristol Myers Squibb (BMY) 0.9 $3.4M 53k 63.88
Dominion Res D Ser A Units 6.375% 01-jul-2017 convprf 0.9 $3.4M 67k 50.59
Wal-Mart Stores (WMT) 0.9 $3.4M 49k 68.49
Starbucks Corporation (SBUX) 0.9 $3.3M 55k 59.70
Wells Fargo & Company Non-cum Perpet cnv (WFC.PL) 0.8 $3.1M 2.6k 1194.08
Novellus Systems, Inc. note 2.625% 5/1 0.8 $3.1M 1.3k 2455.97
Priceline.com debt 1.000% 3/1 0.8 $3.0M 2.1k 1432.43
Intel Corp sdcv 0.8 $2.9M 2.3k 1290.57
United Technologies Corporation 0.8 $2.9M 29k 100.10
Allergan Plc pfd conv ser a 0.8 $2.8M 3.1k 919.96
Schlumberger (SLB) 0.8 $2.8M 38k 73.75
Broad 0.8 $2.8M 18k 154.50
Arcc 4 7/8 03/15/17 0.8 $2.8M 2.7k 1022.23
Illumina Inc. 0.00% June 15, 2019 ccb 0.7 $2.7M 2.6k 1040.55
Thermo Fisher Scientific (TMO) 0.7 $2.6M 19k 141.59
priceline.com Incorporated 0.7 $2.6M 2.0k 1288.96
Paychex (PAYX) 0.7 $2.6M 47k 54.01
Union Pacific Corporation (UNP) 0.7 $2.4M 31k 79.55
Lam Research Corp conv 0.7 $2.4M 1.6k 1482.19
American Tower Reit (AMT) 0.6 $2.3M 23k 102.37
Tyson Foods Inc cnv p 0.6 $2.4M 32k 74.49
Constellation Brands (STZ) 0.6 $2.3M 16k 151.09
Travelers Companies (TRV) 0.6 $2.3M 20k 116.71
Darden Restaurants (DRI) 0.6 $2.3M 35k 66.30
Delta Air Lines (DAL) 0.6 $2.3M 47k 48.68
Red Hat Inc conv 0.6 $2.3M 1.8k 1242.44
Time Warner 0.6 $2.3M 31k 72.55
Teva Pharmaceutical Industries 0.6 $2.2M 2.6k 878.59
O'reilly Automotive (ORLY) 0.6 $2.2M 8.1k 273.66
Old Republic Intl Corp note 0.6 $2.2M 1.8k 1243.12
Progressive Corporation (PGR) 0.6 $2.2M 62k 35.14
Laclede Group conv prf 0.6 $2.2M 36k 60.35
Valero Energy Corporation (VLO) 0.6 $2.1M 34k 64.14
Campbell Soup Company (CPB) 0.6 $2.2M 34k 63.79
Southwest Airlines (LUV) 0.6 $2.1M 48k 44.80
JPMorgan Chase & Co. (JPM) 0.6 $2.1M 36k 59.22
Intuitive Surgical (ISRG) 0.6 $2.1M 3.5k 601.05
PG&E Corporation (PCG) 0.6 $2.1M 35k 59.72
AutoZone (AZO) 0.6 $2.1M 2.7k 796.69
Dollar General (DG) 0.6 $2.1M 24k 85.60
American Tower Corp New Pfd Co p 0.6 $2.1M 20k 105.33
Cme (CME) 0.6 $2.0M 21k 96.05
Alexandria Real Estate Equitie conv prf 0.6 $2.0M 70k 29.08
Aon 0.6 $2.0M 19k 104.45
Boston Scientific Corporation (BSX) 0.5 $2.0M 106k 18.81
SCANA Corporation 0.5 $2.0M 29k 70.15
Prologis (PLD) 0.5 $2.0M 45k 44.18
CMS Energy Corporation (CMS) 0.5 $2.0M 47k 42.44
Clorox Company (CLX) 0.5 $2.0M 16k 126.06
Dr Pepper Snapple 0.5 $2.0M 22k 89.42
Crown Castle Intl (CCI) 0.5 $2.0M 23k 86.50
Nxp Semiconductors N V dbcv 1.000% 12/0 0.5 $2.0M 1.8k 1111.06
Corning Incorporated (GLW) 0.5 $1.9M 92k 20.89
Ecolab (ECL) 0.5 $1.9M 17k 111.52
Vulcan Materials Company (VMC) 0.5 $1.9M 18k 105.57
Weyerhaeuser C conv prf 0.5 $1.9M 38k 51.16
Cardinal Health (CAH) 0.5 $1.9M 23k 81.95
Sherwin-Williams Company (SHW) 0.5 $1.9M 6.6k 284.67
D.R. Horton (DHI) 0.5 $1.9M 62k 30.23
DTE Energy Company (DTE) 0.5 $1.9M 21k 90.66
Realty Income (O) 0.5 $1.9M 30k 62.51
Rpm International Inc convertible cor 0.5 $1.9M 1.6k 1151.28
Fastenal Company (FAST) 0.5 $1.9M 38k 49.00
Cameron International Corporation 0.5 $1.9M 28k 67.05
Equifax (EFX) 0.5 $1.8M 16k 114.29
Brown-Forman Corporation (BF.B) 0.5 $1.8M 18k 98.47
Newell Rubbermaid (NWL) 0.5 $1.8M 40k 44.29
Amphenol Corporation (APH) 0.5 $1.8M 31k 57.82
General Growth Properties 0.5 $1.8M 60k 29.73
L Brands 0.5 $1.8M 20k 87.81
Total System Services 0.5 $1.8M 37k 47.58
Stanley Black & Decker (SWK) 0.5 $1.7M 16k 105.21
Paypal Holdings (PYPL) 0.5 $1.7M 45k 38.60
Welltower Inc 6.50% pfd prepet 0.5 $1.7M 28k 62.05
Fidelity National Information Services (FIS) 0.5 $1.7M 27k 63.31
Mohawk Industries (MHK) 0.5 $1.7M 9.0k 190.90
Hershey Company (HSY) 0.5 $1.7M 19k 92.09
Martin Marietta Materials (MLM) 0.5 $1.7M 10k 159.51
Universal Health Services (UHS) 0.5 $1.7M 13k 124.72
McKesson Corporation (MCK) 0.5 $1.7M 11k 157.25
Weyerhaeuser Company (WY) 0.5 $1.7M 54k 30.98
Adt 0.5 $1.7M 41k 41.26
Citrix Systems Inc conv 0.5 $1.7M 1.5k 1122.04
Apartment Investment and Management 0.4 $1.6M 39k 41.82
Red Hat 0.4 $1.6M 22k 74.51
BB&T Corporation 0.4 $1.6M 49k 33.27
Moody's Corporation (MCO) 0.4 $1.6M 16k 96.56
Nucor Corporation (NUE) 0.4 $1.6M 34k 47.30
Snap-on Incorporated (SNA) 0.4 $1.6M 10k 156.99
Morgan Stanley (MS) 0.4 $1.6M 63k 25.01
Regeneron Pharmaceuticals (REGN) 0.4 $1.6M 4.4k 360.44
W.W. Grainger (GWW) 0.4 $1.5M 6.6k 233.43
Level 3 Communications 0.4 $1.6M 30k 52.85
People's United Financial 0.4 $1.5M 96k 15.93
Suntrust Banks Inc $1.00 Par Cmn 0.4 $1.5M 42k 36.08
DaVita (DVA) 0.4 $1.5M 21k 73.38
Occidental Petroleum Corporation (OXY) 0.4 $1.5M 22k 68.43
Paccar (PCAR) 0.4 $1.5M 27k 54.69
Tesoro Corporation 0.4 $1.5M 18k 86.01
Exelon Corp 6.5% 01-jun-2017 convprf 0.4 $1.5M 30k 49.02
Nvidia Corp note 1.000 12/0 0.4 $1.5M 834.00 1793.93
Best Buy (BBY) 0.4 $1.4M 45k 32.44
Varian Medical Systems 0.4 $1.4M 18k 80.02
Pitney Bowes (PBI) 0.4 $1.4M 65k 21.54
Anadarko Petroleum Corp conv p 0.4 $1.4M 41k 34.13
AmerisourceBergen (COR) 0.4 $1.4M 16k 86.55
Marathon Petroleum Corp (MPC) 0.4 $1.4M 37k 37.18
Huntington Bancshares Incorporated (HBAN) 0.4 $1.3M 139k 9.54
Bank of America Corporation (BAC) 0.4 $1.3M 100k 13.52
H&R Block (HRB) 0.4 $1.3M 50k 26.42
St. Jude Medical 0.4 $1.3M 24k 55.00
Macquarie Infrastructure conv 0.4 $1.3M 1.2k 1115.43
Hess Pfd p 0.4 $1.3M 20k 67.01
Goldman Sachs (GS) 0.3 $1.3M 8.1k 156.98
Robert Half International (RHI) 0.3 $1.3M 27k 46.58
Textron (TXT) 0.3 $1.3M 36k 36.46
Bunge Limited 4.875% Cum. Cv. pfd cv 0.3 $1.3M 15k 85.05
Xilinx Inc Cvt 2.625 6-15-17 convert 0.3 $1.3M 789.00 1662.57
Invesco (IVZ) 0.3 $1.3M 41k 30.77
Stanley Black & Decker Inc Uni p 0.3 $1.3M 11k 113.77
Zions Bancorporation (ZION) 0.3 $1.2M 51k 24.21
Amg Capital Trust Ii convert (AATRL) 0.3 $1.2M 22k 55.52
Trinity Inds Inc note 3.875% 6/0 0.3 $1.2M 1.1k 1090.84
CarMax (KMX) 0.3 $1.2M 24k 51.10
Dun & Bradstreet Corporation 0.3 $1.2M 12k 103.08
Quanta Services (PWR) 0.3 $1.2M 53k 22.56
Newmont Mining Corp Cvt cv bnd 0.3 $1.2M 1.1k 1046.53
Centerpoint Energy Inc Vq 09-1 convert 0.3 $1.2M 19k 63.14
Bed Bath & Beyond 0.3 $1.1M 23k 49.64
Ralph Lauren Corp (RL) 0.3 $1.1M 12k 96.26
Whole Foods Market 0.3 $1.1M 36k 31.11
Janus Capital conv 0.3 $1.1M 766.00 1424.86
eBay (EBAY) 0.3 $1.1M 45k 23.86
Alcoa Inc cnv p 0.3 $1.1M 33k 32.89
Seagate Technology Com Stk 0.3 $1.0M 30k 34.45
Teradata Corporation (TDC) 0.2 $875k 33k 26.24
Stericycle, Inc. pfd cv 0.2 $893k 9.6k 93.46
Micron Technology Inc conv 0.2 $839k 1.2k 707.05
Wec Energy Group (WEC) 0.2 $810k 14k 60.07
Altria (MO) 0.2 $754k 12k 62.66
Target Corporation (TGT) 0.2 $727k 8.8k 82.28
Bce (BCE) 0.2 $753k 17k 45.54
Microsoft Corporation (MSFT) 0.2 $709k 13k 55.23
Johnson & Johnson (JNJ) 0.2 $698k 6.4k 108.20
United Parcel Service (UPS) 0.2 $713k 6.8k 105.47
Cisco Systems (CSCO) 0.2 $696k 24k 28.47
Procter & Gamble Company (PG) 0.2 $696k 8.5k 82.31
Macquarie Infrastructure Company 0.2 $652k 9.7k 67.44
Omega Healthcare Investors (OHI) 0.2 $661k 19k 35.30
iShares IBoxx $ Invest Grade Corp Bd (LQD) 0.2 $671k 5.6k 118.82
Six Flags Entertainment (SIX) 0.2 $650k 12k 55.49
Wp Carey (WPC) 0.2 $681k 11k 62.24
Vodafone Group New Adr F (VOD) 0.2 $656k 21k 32.05
Ford Motor Company (F) 0.2 $640k 47k 13.50
Marathon Oil Corporation (MRO) 0.2 $638k 57k 11.14
Industries N shs - a - (LYB) 0.2 $635k 7.4k 85.58
iShares Barclays Inter Crd Bd Fund ETF) (IGIB) 0.2 $645k 5.9k 109.69
Pfizer (PFE) 0.2 $597k 20k 29.64
Nextera Energy (NEE) 0.1 $505k 4.3k 118.34
Edison International (EIX) 0.1 $505k 7.0k 71.89
iShares Lehman MBS Bond Fund (MBB) 0.1 $512k 4.7k 109.48
Ishares Tr fltg rate nt (FLOT) 0.1 $495k 9.8k 50.42
Energy Transfer Partners 0.1 $440k 14k 32.34
Boeing Company (BA) 0.1 $402k 3.2k 126.94
Amgen (AMGN) 0.1 $423k 2.8k 149.93
Dollar Tree (DLTR) 0.1 $401k 4.9k 82.46
iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) 0.1 $377k 3.6k 105.42
iShares iBoxx $ High Yid Corp Bond (HYG) 0.1 $331k 4.1k 81.69
Clyme US Cptl Mkts Mco Trm Fxd Idx 0.1 $342k 6.9k 49.87
Banc Of California Inc. convertible preferred 0.1 $322k 4.0k 80.62
iShares Lehman 1-3 Year Treas.Bond (SHY) 0.1 $244k 2.9k 85.03
Epr Pptys conv pfd 9% sr e (EPR.PE) 0.1 $249k 7.1k 35.00
Frontier Communications Corp pfd conv ser-a 0.1 $245k 2.4k 104.25
Ares Capital Corporation (ARCC) 0.1 $212k 14k 14.84
Nustar Logistics Lp prf 0.1 $206k 9.1k 22.60
Wells Fargo 5.85% public 0.1 $225k 8.5k 26.36
Citigroup Inc. 7.125% prd 0.1 $216k 7.9k 27.33
Morgan Stanley 6.875 Pfd Cal (MS.PF) 0.1 $228k 8.4k 27.14
Jpm 6.27 12/31/49 0.1 $234k 8.5k 27.70
Seaspan Corp Pfd E 8.25% p 0.1 $217k 9.2k 23.58
Four Corners Ppty Tr (FCPT) 0.1 $220k 12k 17.95
iShares Lehman 3-7 Yr Treasury Bond (IEI) 0.1 $169k 1.3k 125.95
SPDR Barclays Capital Convertible SecETF (CWB) 0.0 $145k 3.4k 43.20
Vanguard Intermediate Tm Cpte Bd ETF (VCIT) 0.0 $140k 1.6k 86.93
49456b 20 0 Kinder Morgan Inc Del Pfd Ser A kinder morgan inc del 0.0 $164k 3.6k 44.97
Safeway Inc New Xxx warrant and righ 0.0 $85k 84k 1.01
Health Care SPDR (XLV) 0.0 $55k 814.00 67.78
Prudential Financial (PRU) 0.0 $44k 611.00 72.22
Consumer Staples Select Sect. SPDR (XLP) 0.0 $38k 716.00 53.06
iShares Lehman 7-10 Yr Treas. Bond (IEF) 0.0 $45k 406.00 110.34
iShares Barclays 20+ Yr Treas.Bond (TLT) 0.0 $27k 206.00 130.61
iShares Barclays TIPS Bond Fund (TIP) 0.0 $49k 431.00 114.64
Alerian Mlp Etf 0.0 $12k 1.1k 10.92
California Resources 0.0 $0 0 0.00
Safeway Inc New Xxx warrant and righ 0.0 $4.1k 84k 0.05