Laffer Investments

Laffer Investments as of Sept. 30, 2016

Portfolio Holdings for Laffer Investments

Laffer Investments holds 208 positions in its portfolio as reported in the September 2016 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Apple (AAPL) 3.2 $11M 101k 113.05
Microsoft Corporation (MSFT) 2.6 $9.5M 165k 57.60
Johnson & Johnson (JNJ) 1.8 $6.6M 56k 118.13
Exxon Mobil Corporation (XOM) 1.7 $6.0M 69k 87.28
Procter & Gamble Company (PG) 1.6 $5.6M 62k 89.75
JPMorgan Chase & Co. (JPM) 1.5 $5.5M 82k 66.59
At&t (T) 1.3 $4.6M 113k 40.61
Lam Research Corp conv 1.3 $4.5M 2.8k 1603.75
Pfizer (PFE) 1.2 $4.5M 133k 33.87
Cisco Systems (CSCO) 1.2 $4.4M 140k 31.72
Coca-Cola Company (KO) 1.2 $4.3M 102k 42.32
Verizon Communications (VZ) 1.2 $4.2M 81k 51.98
Wells Fargo & Company (WFC) 1.1 $4.1M 92k 44.28
Dominion Res D Ser A Units 6.375% 01-jul-2017 convprf 1.1 $4.0M 80k 50.22
Intel Corporation (INTC) 1.1 $3.9M 103k 37.75
Teva Pharmaceutical Industries 1.1 $3.9M 4.8k 810.73
Anthem Inc conv p 1.1 $3.8M 88k 43.59
Allergan Plc pfd conv ser a 1.0 $3.8M 4.6k 820.66
Bank of America Corporation (BAC) 1.0 $3.6M 230k 15.65
Home Depot (HD) 1.0 $3.5M 28k 128.68
Altria (MO) 1.0 $3.6M 57k 63.23
Amgen (AMGN) 1.0 $3.5M 21k 166.81
Merck & Co (MRK) 1.0 $3.5M 56k 62.41
United Parcel Service (UPS) 0.9 $3.4M 31k 109.36
Wells Fargo & Company Non-cum Perpet cnv (WFC.PL) 0.9 $3.3M 2.5k 1309.84
Xilinx Inc Cvt 2.625 6-15-17 convert 0.9 $3.3M 1.8k 1897.30
Priceline.com debt 1.000% 3/1 0.9 $3.2M 2.0k 1584.86
Nxp Semiconductors N V dbcv 1.000% 12/0 0.9 $3.2M 2.7k 1198.01
Citigroup (C) 0.9 $3.2M 67k 47.23
International Business Machines (IBM) 0.9 $3.1M 20k 158.85
Macquarie Infrastructure conv 0.9 $3.1M 2.6k 1191.72
Walt Disney Company (DIS) 0.8 $3.0M 32k 92.86
UnitedHealth (UNH) 0.8 $2.8M 20k 140.00
Nvidia Corp note 1.000 12/0 0.8 $2.7M 794.00 3415.67
Boeing Company (BA) 0.7 $2.6M 20k 131.74
Arcc 4 7/8 03/15/17 0.7 $2.6M 2.6k 1019.15
Illumina Inc. 0.00% June 15, 2019 ccb 0.7 $2.6M 2.5k 1040.38
McDonald's Corporation (MCD) 0.7 $2.5M 22k 115.36
Wal-Mart Stores (WMT) 0.7 $2.5M 34k 72.12
CVS Caremark Corporation (CVS) 0.7 $2.5M 28k 88.99
Nike (NKE) 0.7 $2.4M 46k 52.65
Target Corporation (TGT) 0.7 $2.4M 36k 68.68
Alexandria Real Estate Equitie conv prf 0.7 $2.5M 70k 35.18
Tyson Foods Inc cnv p 0.7 $2.5M 30k 82.00
Anadarko Petroleum Corp conv p 0.7 $2.4M 58k 41.84
Abbvie (ABBV) 0.7 $2.4M 38k 63.07
Tpg Specialty Lending In conv 0.7 $2.4M 2.2k 1050.35
Nextera Energy (NEE) 0.6 $2.3M 18k 122.32
Spirit Realty Capital Inc convertible cor 0.6 $2.3M 2.0k 1129.49
American Tower Corp cnv p 0.6 $2.3M 21k 109.52
Red Hat Inc conv 0.6 $2.3M 1.8k 1268.67
Eli Lilly & Co. (LLY) 0.6 $2.2M 27k 80.26
Honeywell International (HON) 0.6 $2.2M 19k 116.59
Industries N shs - a - (LYB) 0.6 $2.1M 27k 80.66
Abbott Laboratories (ABT) 0.6 $2.1M 49k 42.29
United Technologies Corporation 0.6 $2.1M 21k 101.60
Old Republic Intl Corp note 0.6 $2.1M 1.7k 1208.64
Laclede Group conv prf 0.6 $2.1M 36k 57.29
U.S. Bancorp (USB) 0.6 $2.0M 47k 42.89
Walgreen Boots Alliance 0.6 $2.0M 25k 80.62
Stericycle, Inc. pfd cv 0.6 $2.0M 30k 65.90
Broad 0.6 $2.0M 11k 172.52
Bristol Myers Squibb (BMY) 0.5 $1.9M 35k 53.92
Morgan Stanley (MS) 0.5 $1.9M 60k 32.06
Simon Property (SPG) 0.5 $1.9M 9.2k 207.01
Rpm International Inc convertible cor 0.5 $1.9M 1.6k 1208.33
Welltower Inc 6.50% pfd prepet 0.5 $1.9M 28k 66.78
Lowe's Companies (LOW) 0.5 $1.8M 25k 72.21
Dow Chemical Company 0.5 $1.8M 34k 51.83
Lockheed Martin Corporation (LMT) 0.5 $1.8M 7.3k 239.72
Frontier Communications Corp pfd conv ser-a 0.5 $1.7M 21k 83.83
Brocade Communications conv 0.5 $1.7M 1.8k 997.37
American Express Company (AXP) 0.5 $1.7M 27k 64.04
Chubb (CB) 0.5 $1.7M 14k 125.65
Duke Energy (DUK) 0.5 $1.7M 21k 80.04
Dominion Resource p 0.5 $1.7M 34k 50.39
Citrix Systems Inc conv 0.5 $1.6M 1.4k 1138.03
TJX Companies (TJX) 0.5 $1.6M 22k 74.78
Southern Company (SO) 0.5 $1.6M 32k 51.30
General Dynamics Corporation (GD) 0.4 $1.6M 10k 155.16
Prudential Financial (PRU) 0.4 $1.6M 20k 81.65
Kimberly-Clark Corporation (KMB) 0.4 $1.6M 12k 126.14
Ford Motor Company (F) 0.4 $1.6M 129k 12.07
Williams Companies (WMB) 0.4 $1.5M 50k 30.73
Ross Stores (ROST) 0.4 $1.5M 23k 64.30
Delta Air Lines (DAL) 0.4 $1.5M 38k 39.36
Travelers Companies (TRV) 0.4 $1.4M 13k 114.55
Raytheon Company 0.4 $1.5M 11k 136.13
General Mills (GIS) 0.4 $1.4M 23k 63.88
Marsh & McLennan Companies (MMC) 0.4 $1.4M 21k 67.25
Northrop Grumman Corporation (NOC) 0.4 $1.4M 6.6k 213.95
Bunge Limited 4.875% Cum. Cv. pfd cv 0.4 $1.4M 15k 94.85
Stanley Black & Decker Inc Uni p 0.4 $1.4M 11k 126.38
Carnival Corporation (CCL) 0.4 $1.4M 28k 48.82
Public Storage (PSA) 0.4 $1.4M 6.2k 223.14
Nordstrom 0.4 $1.4M 27k 51.88
Exelon Corporation (EXC) 0.4 $1.4M 41k 33.29
Principal Financial (PFG) 0.4 $1.3M 26k 51.51
Cardinal Health (CAH) 0.4 $1.3M 17k 77.70
Cummins (CMI) 0.4 $1.3M 10k 128.15
International Paper Company (IP) 0.4 $1.3M 28k 47.98
McKesson Corporation (MCK) 0.4 $1.3M 8.0k 166.75
American Electric Power Company (AEP) 0.4 $1.3M 21k 64.21
Waste Management (WM) 0.4 $1.3M 21k 63.76
PG&E Corporation (PCG) 0.4 $1.3M 21k 61.17
Paccar (PCAR) 0.4 $1.3M 22k 58.78
Southwest Airlines (LUV) 0.4 $1.3M 34k 38.89
Boston Properties (BXP) 0.4 $1.3M 9.4k 136.29
Welltower Inc Com reit (WELL) 0.4 $1.3M 17k 74.77
Kohl's Corporation (KSS) 0.3 $1.3M 29k 43.75
Equity Residential (EQR) 0.3 $1.3M 20k 64.33
L Brands 0.3 $1.3M 18k 70.77
Hess Pfd p 0.3 $1.3M 19k 66.03
Ventas (VTR) 0.3 $1.2M 17k 70.63
HCP 0.3 $1.2M 32k 37.95
Motorola Solutions (MSI) 0.3 $1.2M 16k 76.28
Newmont Mining Corp Cvt cv bnd 0.3 $1.2M 1.1k 1099.11
Weatherford Intl Ltd Note 5.875% 7/0 bond 0.3 $1.2M 1.0k 1212.52
Consolidated Edison (ED) 0.3 $1.2M 16k 75.30
Sherwin-Williams Company (SHW) 0.3 $1.2M 4.3k 276.66
AmerisourceBergen (COR) 0.3 $1.2M 15k 80.78
Vornado Realty Trust (VNO) 0.3 $1.2M 12k 101.21
Willis Towers Watson (WTW) 0.3 $1.2M 9.0k 132.77
Newmont Mining Corporation (NEM) 0.3 $1.2M 30k 39.29
CenturyLink 0.3 $1.2M 42k 27.43
Hershey Company (HSY) 0.3 $1.2M 12k 95.60
PPL Corporation (PPL) 0.3 $1.1M 33k 34.57
Xcel Energy (XEL) 0.3 $1.2M 28k 41.14
Tesoro Corporation 0.3 $1.1M 14k 79.56
Realty Income (O) 0.3 $1.2M 17k 66.93
Amg Capital Trust Ii convert (AATRL) 0.3 $1.1M 21k 54.31
Royal Caribbean Cruises (RCL) 0.3 $1.1M 15k 74.95
V.F. Corporation (VFC) 0.3 $1.1M 20k 56.05
Vulcan Materials Company (VMC) 0.3 $1.1M 9.7k 113.73
Cincinnati Financial Corporation (CINF) 0.3 $1.1M 15k 75.42
General Growth Properties 0.3 $1.1M 41k 27.60
Eversource Energy (ES) 0.3 $1.1M 21k 54.18
Republic Services (RSG) 0.3 $1.1M 21k 50.45
FirstEnergy (FE) 0.3 $1.1M 33k 33.08
Alcoa Inc cnv p 0.3 $1.1M 32k 33.27
Pulte (PHM) 0.3 $1.0M 52k 20.04
Unum (UNM) 0.3 $1.1M 30k 35.31
Rockwell Collins 0.3 $1.0M 12k 84.34
D.R. Horton (DHI) 0.3 $1.0M 34k 30.20
L-3 Communications Holdings 0.3 $1.0M 6.9k 150.73
American Water Works (AWK) 0.3 $1.0M 14k 74.84
Kimco Realty Corporation (KIM) 0.3 $1.0M 36k 28.95
Micron Technology Inc conv 0.3 $1.0M 1.1k 919.13
Martin Marietta Materials (MLM) 0.3 $1.0M 5.7k 179.11
C.H. Robinson Worldwide (CHRW) 0.3 $1.0M 14k 70.46
Macquarie Infrastructure Company 0.3 $1.0M 12k 83.24
Pinnacle West Capital Corporation (PNW) 0.3 $999k 13k 75.99
Janus Capital conv 0.3 $1.0M 741.00 1369.66
H&R Block (HRB) 0.3 $965k 42k 23.15
Paychex (PAYX) 0.3 $970k 17k 57.87
Staples 0.3 $971k 114k 8.55
Bce (BCE) 0.3 $965k 21k 46.18
Iron Mountain (IRM) 0.3 $957k 26k 37.53
Hasbro (HAS) 0.3 $948k 12k 79.33
Darden Restaurants (DRI) 0.3 $919k 15k 61.32
Cme (CME) 0.2 $890k 8.5k 104.52
Leggett & Platt (LEG) 0.2 $898k 20k 45.58
Wp Carey (WPC) 0.2 $891k 14k 64.53
American Rlty Cap Pptys Inc note 3.000% 8/0 0.2 $917k 908.00 1009.73
Wec Energy Group (WEC) 0.2 $906k 15k 59.88
Six Flags Entertainment (SIX) 0.2 $847k 16k 53.61
Omega Healthcare Investors (OHI) 0.2 $840k 24k 35.45
Vodafone Group New Adr F (VOD) 0.2 $755k 26k 29.15
iShares IBoxx $ Invest Grade Corp Bd (LQD) 0.2 $671k 5.4k 123.18
iShares Barclays Inter Crd Bd Fund ETF) (IGIB) 0.2 $635k 5.7k 111.35
Spdr S&p 500 Etf (SPY) 0.2 $562k 2.6k 216.30
Alerian Mlp Etf 0.2 $572k 45k 12.69
Spectra Energy Partners 0.1 $526k 12k 43.69
iShares MSCI Hong Kong Index Fund (EWH) 0.1 $535k 24k 22.01
iShares MSCI Taiwan Index 0.1 $544k 35k 15.70
Extra Space Storage (EXR) 0.1 $503k 6.3k 79.41
iShares Lehman MBS Bond Fund (MBB) 0.1 $500k 4.5k 110.09
iShares MSCI Germany Index Fund (EWG) 0.1 $489k 19k 26.27
Ishares Inc msci india index (INDA) 0.1 $519k 18k 29.41
Cyrusone 0.1 $500k 11k 47.57
iShares MSCI Singapore Index Fund 0.1 $477k 44k 10.86
iShares MSCI Spain Index (EWP) 0.1 $471k 18k 26.82
Ishares Tr fltg rate nt (FLOT) 0.1 $482k 9.5k 50.75
Ishares Tr cmn (EIRL) 0.1 $447k 12k 38.01
Spectra Energy 0.1 $346k 8.1k 42.75
iShares iBoxx $ High Yid Corp Bond (HYG) 0.1 $376k 4.3k 87.26
iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) 0.1 $366k 3.5k 105.76
iShares Lehman 1-3 Year Treas.Bond (SHY) 0.1 $315k 3.7k 85.04
Clyme US Cptl Mkts Mco Trm Fxd Idx 0.1 $333k 6.6k 50.20
Epr Pptys conv pfd 9% sr e (EPR.PE) 0.1 $332k 8.9k 37.21
Morgan Stanley 6.875 Pfd Cal (MS.PF) 0.1 $313k 11k 29.43
Ares Capital Corporation (ARCC) 0.1 $281k 18k 15.50
Nustar Logistics Lp prf 0.1 $293k 11k 25.55
Wells Fargo 5.85% public 0.1 $289k 11k 26.75
Citigroup Inc. 7.125% prd 0.1 $289k 10k 28.96
Jpm 6.27 12/31/49 0.1 $303k 11k 28.29
Seaspan Corp Pfd E 8.25% p 0.1 $291k 12k 24.99
Dlr 7 3/8 12/31/49 0.1 $247k 9.0k 27.49
iShares Lehman 3-7 Yr Treasury Bond (IEI) 0.1 $219k 1.7k 126.54
49456b 20 0 Kinder Morgan Inc Del Pfd Ser A kinder morgan inc del 0.1 $232k 4.6k 50.84
Vanguard Intermediate Tm Cpte Bd ETF (VCIT) 0.1 $186k 2.1k 89.58
Health Care SPDR (XLV) 0.0 $76k 1.1k 72.11
iShares Lehman 7-10 Yr Treas. Bond (IEF) 0.0 $59k 526.00 111.88
iShares Barclays TIPS Bond Fund (TIP) 0.0 $58k 499.00 116.49
Safeway Inc New Xxx warrant and righ 0.0 $85k 84k 1.01
Consumer Staples Select Sect. SPDR (XLP) 0.0 $49k 928.00 53.21
iShares Barclays 20+ Yr Treas.Bond (TLT) 0.0 $37k 270.00 137.51
Safeway Inc New Xxx warrant and righ 0.0 $4.1k 84k 0.05