Laffer Investments

Laffer Investments as of Dec. 31, 2016

Portfolio Holdings for Laffer Investments

Laffer Investments holds 216 positions in its portfolio as reported in the December 2016 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Microsoft Corporation (MSFT) 2.7 $10M 161k 62.14
JPMorgan Chase & Co. (JPM) 1.9 $7.2M 83k 86.29
Lam Research Corp conv 1.4 $5.1M 2.9k 1758.27
Nvidia Corp note 1.000 12/0 1.2 $4.3M 820.00 5304.86
Anthem Inc conv p 1.2 $4.4M 93k 47.01
Intel Corporation (INTC) 1.1 $4.3M 117k 36.27
Dominion Res D Ser A Units 6.375% 01-jul-2017 convprf 1.1 $4.2M 83k 50.67
Home Depot (HD) 1.1 $4.1M 31k 134.08
Xilinx Inc Cvt 2.625 6-15-17 convert 1.1 $3.9M 1.9k 2102.04
Allergan Plc pfd conv ser a 1.0 $3.9M 5.1k 762.69
Walt Disney Company (DIS) 1.0 $3.8M 37k 104.22
UnitedHealth (UNH) 1.0 $3.8M 24k 160.04
Priceline.com debt 1.000% 3/1 0.9 $3.4M 2.1k 1581.04
Schlumberger (SLB) 0.9 $3.3M 40k 83.95
Macquarie Infrastructure conv 0.9 $3.3M 2.8k 1187.63
Medtronic (MDT) 0.9 $3.3M 46k 71.23
Wells Fargo & Company Non-cum Perpet cnv (WFC.PL) 0.9 $3.2M 2.7k 1188.42
Nxp Semiconductors N V dbcv 1.000% 12/0 0.9 $3.2M 2.8k 1139.41
Bristol Myers Squibb (BMY) 0.8 $3.2M 54k 58.44
Teva Pharmaceutical Industries 0.8 $3.2M 4.9k 648.16
Cme (CME) 0.8 $3.0M 26k 115.35
Paychex (PAYX) 0.8 $2.8M 47k 60.88
Union Pacific Corporation (UNP) 0.8 $2.8M 27k 103.68
Arcc 4 7/8 03/15/17 0.8 $2.8M 2.7k 1037.16
Goldman Sachs (GS) 0.8 $2.8M 12k 239.45
Texas Instruments Incorporated (TXN) 0.7 $2.7M 37k 72.97
Starbucks Corporation (SBUX) 0.7 $2.7M 48k 55.52
Alexandria Real Estate Equitie conv prf 0.7 $2.6M 74k 34.95
Broad 0.7 $2.6M 15k 176.77
Illumina Inc. 0.00% June 15, 2019 ccb 0.7 $2.5M 2.6k 958.20
Anadarko Petroleum Corp conv p 0.7 $2.5M 61k 41.03
PNC Financial Services (PNC) 0.7 $2.4M 21k 116.96
Tpg Specialty Lending In conv 0.7 $2.4M 2.4k 1026.88
Morgan Stanley (MS) 0.6 $2.4M 56k 42.25
Thermo Fisher Scientific (TMO) 0.6 $2.4M 17k 141.10
Lowe's Companies (LOW) 0.6 $2.4M 33k 71.12
Old Republic Intl Corp note 0.6 $2.4M 1.9k 1275.86
Spectra Energy 0.6 $2.4M 58k 41.09
Charles Schwab Corporation (SCHW) 0.6 $2.3M 57k 39.47
Automatic Data Processing (ADP) 0.6 $2.3M 22k 102.78
Spirit Realty Capital Inc convertible cor 0.6 $2.3M 2.1k 1051.83
Laclede Group conv prf 0.6 $2.3M 39k 57.53
American Tower Corp cnv p 0.6 $2.3M 22k 103.72
Bank of New York Mellon Corporation (BK) 0.6 $2.2M 47k 47.38
Red Hat Inc conv 0.6 $2.2M 1.9k 1177.91
Prudential Financial (PRU) 0.6 $2.2M 21k 104.06
Aetna 0.6 $2.2M 17k 124.01
BB&T Corporation 0.6 $2.1M 45k 47.02
Ford Motor Company (F) 0.6 $2.1M 175k 12.13
Tyson Foods Inc cnv p 0.6 $2.1M 31k 67.82
Marsh & McLennan Companies 0.6 $2.0M 30k 67.59
Applied Materials (AMAT) 0.6 $2.0M 63k 32.27
Valero Energy Corporation (VLO) 0.5 $2.0M 29k 68.32
Rpm International Inc convertible cor 0.5 $2.0M 1.7k 1197.37
Stericycle, Inc. pfd cv 0.5 $2.0M 32k 63.66
McKesson Corporation (MCK) 0.5 $2.0M 14k 140.45
Humana (HUM) 0.5 $2.0M 9.8k 204.03
Aon 0.5 $2.0M 18k 111.53
Progressive Corporation (PGR) 0.5 $1.9M 54k 35.50
Fidelity National Information Services (FIS) 0.5 $2.0M 26k 75.64
Sempra Energy (SRE) 0.5 $2.0M 19k 100.64
Pioneer Natural Resources 0.5 $1.9M 11k 180.07
Intuit (INTU) 0.5 $1.9M 17k 114.61
Intercontinental Exchange (ICE) 0.5 $1.9M 35k 56.42
M&T Bank Corporation (MTB) 0.5 $1.9M 12k 156.43
Cardinal Health (CAH) 0.5 $1.9M 26k 71.97
Xilinx 0.5 $1.9M 31k 60.37
Baker Hughes Incorporated 0.5 $1.9M 30k 64.97
Williams Companies (WMB) 0.5 $1.9M 61k 31.14
Activision Blizzard 0.5 $1.9M 53k 36.11
Estee Lauder Companies (EL) 0.5 $1.9M 25k 76.49
S&p Global (SPGI) 0.5 $1.9M 18k 107.54
Dominion Resource p 0.5 $1.9M 37k 50.61
Corning Incorporated (GLW) 0.5 $1.9M 76k 24.27
Sherwin-Williams Company (SHW) 0.5 $1.8M 6.9k 268.74
Clorox Company (CLX) 0.5 $1.9M 16k 120.02
Omni (OMC) 0.5 $1.8M 22k 85.11
Dr Pepper Snapple 0.5 $1.8M 20k 90.67
Te Connectivity Ltd for 0.5 $1.9M 27k 69.28
Welltower Inc 6.50% pfd prepet 0.5 $1.8M 31k 60.54
Digital Realty Trust (DLR) 0.5 $1.8M 19k 98.26
International Paper Company (IP) 0.5 $1.8M 34k 53.06
Analog Devices (ADI) 0.5 $1.8M 25k 72.62
Roper Industries (ROP) 0.5 $1.8M 9.9k 183.08
Amphenol Corporation (APH) 0.5 $1.8M 27k 67.20
Key (KEY) 0.5 $1.8M 100k 18.27
Citizens Financial (CFG) 0.5 $1.8M 51k 35.63
Citrix Systems Inc conv 0.5 $1.8M 1.6k 1161.23
Hp (HPQ) 0.5 $1.8M 123k 14.84
Northern Trust Corporation (NTRS) 0.5 $1.8M 20k 89.05
Vulcan Materials Company (VMC) 0.5 $1.8M 14k 125.15
Lam Research Corporation 0.5 $1.8M 17k 105.73
Willis Towers Watson (WTW) 0.5 $1.8M 15k 122.28
CMS Energy Corporation (CMS) 0.5 $1.8M 42k 41.62
Equifax (EFX) 0.5 $1.8M 15k 118.23
Moody's Corporation (MCO) 0.5 $1.7M 18k 94.27
T. Rowe Price (TROW) 0.5 $1.7M 23k 75.26
AmerisourceBergen (COR) 0.5 $1.7M 22k 78.19
Weyerhaeuser Company (WY) 0.5 $1.8M 58k 30.09
Agilent Technologies Inc C ommon (A) 0.5 $1.7M 38k 45.56
Linear Technology Corporation 0.5 $1.8M 28k 62.35
Quest Diagnostics Incorporated (DGX) 0.5 $1.8M 19k 91.90
KLA-Tencor Corporation (KLAC) 0.5 $1.7M 22k 78.68
Ameriprise Financial (AMP) 0.5 $1.7M 15k 110.94
Martin Marietta Materials (MLM) 0.5 $1.7M 7.7k 221.53
Microchip Technology (MCHP) 0.5 $1.7M 27k 64.15
CenturyLink 0.5 $1.7M 73k 23.78
Symantec Corporation 0.5 $1.7M 72k 23.89
Dentsply Sirona (XRAY) 0.5 $1.7M 30k 57.73
Xl 0.5 $1.7M 46k 37.26
Western Union Company (WU) 0.5 $1.7M 77k 21.72
Tractor Supply Company (TSCO) 0.5 $1.7M 22k 75.81
W.W. Grainger (GWW) 0.5 $1.7M 7.2k 232.25
Comerica Incorporated 0.5 $1.7M 25k 68.11
Cooper Companies 0.5 $1.7M 9.6k 174.93
Harman International Industries 0.5 $1.7M 15k 111.16
Fastenal Company (FAST) 0.5 $1.7M 36k 46.98
Zions Bancorporation (ZION) 0.5 $1.7M 39k 43.04
Skyworks Solutions (SWKS) 0.5 $1.7M 22k 74.66
H&R Block (HRB) 0.4 $1.6M 72k 22.99
Global Payments (GPN) 0.4 $1.6M 24k 69.41
Harley-Davidson (HOG) 0.4 $1.6M 28k 58.34
Universal Health Services (UHS) 0.4 $1.6M 15k 106.38
Whole Foods Market 0.4 $1.6M 53k 30.76
Advance Auto Parts (AAP) 0.4 $1.6M 9.7k 169.12
Robert Half International (RHI) 0.4 $1.6M 33k 48.78
Marathon Oil Corporation (MRO) 0.4 $1.6M 95k 17.31
Tesoro Corporation 0.4 $1.6M 19k 87.45
Ametek (AME) 0.4 $1.6M 34k 48.60
Expedia (EXPE) 0.4 $1.6M 15k 113.28
Leucadia National 0.4 $1.6M 69k 23.25
People's United Financial 0.4 $1.6M 82k 19.36
J.B. Hunt Transport Services (JBHT) 0.4 $1.6M 17k 97.07
Leggett & Platt (LEG) 0.4 $1.6M 33k 48.88
PerkinElmer (RVTY) 0.4 $1.6M 30k 52.15
Cintas Corporation (CTAS) 0.4 $1.6M 14k 115.56
D.R. Horton (DHI) 0.4 $1.6M 59k 27.33
Invesco (IVZ) 0.4 $1.6M 53k 30.34
Signet Jewelers (SIG) 0.4 $1.6M 17k 94.26
Bunge Limited 4.875% Cum. Cv. pfd cv 0.4 $1.6M 16k 101.94
Sealed Air (SEE) 0.4 $1.6M 34k 45.34
Dun & Bradstreet Corporation 0.4 $1.6M 13k 121.32
Darden Restaurants (DRI) 0.4 $1.5M 21k 72.72
Hess Pfd p 0.4 $1.6M 21k 73.75
Best Buy (BBY) 0.4 $1.5M 36k 42.67
Great Plains Energy Incorporated conv prf 0.4 $1.5M 30k 50.66
Staples 0.4 $1.5M 165k 9.05
Legg Mason 0.4 $1.4M 48k 29.91
Kohl's Corporation (KSS) 0.4 $1.4M 29k 49.38
Ryder System (R) 0.4 $1.4M 19k 74.44
Weatherford Intl Ltd Note 5.875% 7/0 bond 0.3 $1.3M 1.1k 1203.84
Newmont Mining Corp Cvt cv bnd 0.3 $1.2M 1.2k 1038.39
Amg Capital Trust Ii convert (AATRL) 0.3 $1.2M 23k 54.08
Micron Technology Inc conv 0.3 $1.2M 1.2k 1001.04
Janus Capital conv 0.3 $1.0M 797.00 1311.37
Tcp Cap Corp note 5.250%12/1 0.3 $1.0M 1.0k 1045.92
Dycom Inds Inc Note 0.750% 9/1 bond 0.3 $1.0M 947.00 1097.09
United Parcel Service (UPS) 0.3 $1.0M 8.9k 114.64
Altria (MO) 0.3 $997k 15k 67.62
Six Flags Entertainment (SIX) 0.3 $988k 17k 59.96
American Rlty Cap Pptys Inc note 3.000% 8/0 0.3 $1000k 975.00 1025.64
Arconic 0.3 $1.0M 33k 30.17
Johnson & Johnson (JNJ) 0.3 $980k 8.5k 115.21
Cisco Systems (CSCO) 0.3 $977k 32k 30.22
Macquarie Infrastructure Company 0.3 $954k 12k 81.70
Procter & Gamble Company (PG) 0.2 $933k 11k 84.08
Bce (BCE) 0.2 $937k 22k 43.24
Ares Capital Corporation (ARCC) 0.2 $926k 56k 16.49
Wec Energy Group (WEC) 0.2 $931k 16k 58.65
At&t (T) 0.2 $906k 21k 42.53
Coca-Cola Company (KO) 0.2 $867k 21k 41.46
Pfizer (PFE) 0.2 $849k 26k 32.48
Target Corporation (TGT) 0.2 $843k 12k 72.23
Wp Carey (WPC) 0.2 $849k 14k 59.09
Industries N shs - a - (LYB) 0.2 $835k 9.7k 85.78
Omega Healthcare Investors (OHI) 0.2 $767k 25k 31.26
Boeing Company (BA) 0.2 $625k 4.0k 155.68
iShares IBoxx $ Invest Grade Corp Bd (LQD) 0.2 $579k 4.9k 117.18
iShares Lehman MBS Bond Fund (MBB) 0.2 $605k 5.7k 106.34
Nextera Energy (NEE) 0.1 $548k 4.6k 119.46
Spectra Energy Partners 0.1 $558k 12k 45.84
Alerian Mlp Etf 0.1 $574k 46k 12.60
iShares Barclays Inter Crd Bd Fund ETF) (IGIB) 0.1 $561k 5.2k 108.19
Ishares Tr fltg rate nt (FLOT) 0.1 $540k 11k 50.73
Amgen (AMGN) 0.1 $524k 3.6k 146.21
Spdr S&p 500 Etf (SPY) 0.1 $502k 2.2k 223.53
Cyrusone 0.1 $469k 11k 44.73
Ishares Inc msci india index (INDA) 0.1 $437k 16k 26.81
Ishares Tr hdg msci germn (HEWG) 0.1 $449k 17k 25.84
Ishares Tr msci spain etf 0.1 $435k 22k 19.99
Ishares Msci United Kingdom Index etf (EWU) 0.1 $432k 14k 30.69
iShares MSCI Hong Kong Index Fund (EWH) 0.1 $424k 22k 19.48
Clyme US Cptl Mkts Mco Trm Fxd Idx 0.1 $406k 8.1k 50.12
Ishr Msci Singapore (EWS) 0.1 $405k 20k 19.93
Ishares Inc etp (EWT) 0.1 $415k 14k 29.37
SPDR Barclays Capital Convertible SecETF (CWB) 0.1 $388k 8.5k 45.65
iShares iBoxx $ High Yid Corp Bond (HYG) 0.1 $323k 3.7k 86.55
Epr Pptys conv pfd 9% sr e (EPR.PE) 0.1 $351k 9.8k 35.88
Nustar Logistics Lp prf 0.1 $326k 13k 25.80
iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) 0.1 $314k 3.0k 104.94
Wells Fargo 5.85% public 0.1 $299k 12k 25.24
Citigroup Inc. 7.125% prd 0.1 $307k 11k 27.98
Morgan Stanley 6.875 Pfd Cal (MS.PF) 0.1 $316k 12k 27.04
Jpm 6.27 12/31/49 0.1 $316k 12k 26.87
Dlr 7 3/8 12/31/49 0.1 $269k 9.9k 27.15
49456b 20 0 Kinder Morgan Inc Del Pfd Ser A kinder morgan inc del 0.1 $244k 5.0k 48.81
Financial Select Sector SPDR (XLF) 0.0 $119k 5.1k 23.25
iShares Lehman 1-3 Year Treas.Bond (SHY) 0.0 $112k 1.3k 84.45
Vanguard Short Term Corporate Bond ETF (VCSH) 0.0 $112k 1.4k 79.37
Ishares U S Etf Tr int rt hdg c b (IGBH) 0.0 $116k 4.7k 24.89
Ishares Trust Barclays (GNMA) 0.0 $89k 1.8k 49.68
Ishares U S Etf Tr it rt hdg hgyl (HYGH) 0.0 $58k 643.00 89.58
Safeway Inc New Xxx warrant and righ 0.0 $85k 84k 1.01
iShares Barclays TIPS Bond Fund (TIP) 0.0 $23k 200.00 113.17
Vodafone Group New Adr F (VOD) 0.0 $463.999000 19.00 24.42
Safeway Inc New Xxx warrant and righ 0.0 $4.1k 84k 0.05