Laffer Investments

Laffer Investments as of Sept. 30, 2017

Portfolio Holdings for Laffer Investments

Laffer Investments holds 206 positions in its portfolio as reported in the September 2017 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Microsoft Corporation (MSFT) 2.9 $11M 147k 74.49
Lam Research Corp conv 2.1 $8.1M 2.6k 3074.40
JPMorgan Chase & Co. (JPM) 1.9 $7.2M 76k 95.51
Dominion Resource p 1.3 $4.8M 95k 50.66
Home Depot (HD) 1.2 $4.7M 29k 163.56
Anthem Inc conv p 1.2 $4.6M 88k 52.23
UnitedHealth (UNH) 1.1 $4.3M 22k 195.85
Intel Corporation (INTC) 1.1 $4.2M 110k 38.08
Texas Instruments Incorporated (TXN) 1.0 $4.0M 44k 89.64
Allergan Plc pfd conv ser a 1.0 $3.8M 5.1k 737.83
Becton Dickinson & Co pfd shs conv a 1.0 $3.7M 67k 55.06
Crown Castle Intl Corp New 6.875% con pfd a 0.9 $3.5M 3.3k 1068.00
Priceline Group Inc/the conv 0.9 $3.5M 3.0k 1151.62
Wells Fargo & Company Non-cum Perpet cnv (WFC.PL) 0.9 $3.4M 2.6k 1318.44
Walt Disney Company (DIS) 0.9 $3.4M 34k 98.57
Medtronic (MDT) 0.9 $3.3M 43k 77.77
Broad 0.9 $3.3M 14k 242.54
Stanley Black & Decker Inc unit 05/15/2020 0.9 $3.2M 28k 114.25
Bristol Myers Squibb (BMY) 0.8 $3.2M 51k 63.74
Nxp Semiconductors N V dbcv 1.000% 12/0 0.8 $3.2M 2.6k 1215.63
Cme (CME) 0.8 $3.1M 23k 135.68
Activision Blizzard 0.8 $3.1M 49k 64.51
Ares Capital Corp conv 0.8 $3.1M 3.0k 1045.30
Applied Materials (AMAT) 0.8 $3.1M 59k 52.09
Thermo Fisher Scientific (TMO) 0.8 $3.0M 16k 189.20
Union Pacific Corporation (UNP) 0.8 $3.0M 26k 115.97
Valero Energy Corporation (VLO) 0.8 $3.0M 39k 76.93
Lam Research Corporation 0.8 $2.9M 16k 185.04
Macquarie Infrastructure conv 0.8 $2.9M 2.7k 1076.23
Red Hat Inc conv 0.8 $2.9M 1.9k 1543.66
Illumina Inc. 0.00% June 15, 2019 ccb 0.7 $2.7M 2.6k 1058.88
PNC Financial Services (PNC) 0.7 $2.6M 19k 134.77
S&p Global (SPGI) 0.7 $2.6M 17k 156.31
Goldman Sachs (GS) 0.7 $2.6M 11k 237.19
Analog Devices (ADI) 0.7 $2.6M 30k 86.17
Aetna 0.7 $2.6M 16k 159.01
Schlumberger (SLB) 0.7 $2.6M 37k 69.76
Morgan Stanley (MS) 0.7 $2.5M 53k 48.17
Estee Lauder Companies (EL) 0.7 $2.5M 23k 107.84
American Tower Corp cnv p 0.7 $2.5M 21k 121.68
Paychex (PAYX) 0.7 $2.5M 41k 59.96
Lowe's Companies (LOW) 0.7 $2.5M 31k 79.94
Tpg Specialty Lending In conv 0.7 $2.5M 2.3k 1064.18
Progressive Corporation (PGR) 0.6 $2.4M 50k 48.42
Aon 0.6 $2.4M 17k 146.10
Moody's Corporation (MCO) 0.6 $2.4M 17k 139.21
Starbucks Corporation (SBUX) 0.6 $2.4M 45k 53.71
Finisar Corp note 0.500%12/1 0.6 $2.4M 2.3k 1050.66
Charles Schwab Corporation (SCHW) 0.6 $2.3M 54k 43.74
Marsh & McLennan Companies (MMC) 0.6 $2.4M 28k 83.81
Bank of New York Mellon Corporation (BK) 0.6 $2.3M 44k 53.02
Old Republic Intl Corp note 0.6 $2.3M 1.8k 1287.39
Microchip Technology (MCHP) 0.6 $2.3M 25k 89.78
Sherwin-Williams Company (SHW) 0.6 $2.3M 6.4k 358.04
Agilent Technologies Inc C ommon (A) 0.6 $2.3M 36k 64.20
Roper Industries (ROP) 0.6 $2.3M 9.3k 243.40
Anadarko Petroleum Corp conv p 0.6 $2.3M 59k 39.01
Hp (HPQ) 0.6 $2.3M 114k 19.96
Fidelity National Information Services (FIS) 0.6 $2.2M 24k 93.39
Automatic Data Processing (ADP) 0.6 $2.3M 21k 109.32
Intuit (INTU) 0.6 $2.2M 16k 142.14
Welltower Inc 6.50% pfd prepet 0.6 $2.2M 35k 63.66
Symantec Corporation 0.6 $2.2M 67k 32.81
D.R. Horton (DHI) 0.6 $2.2M 55k 39.93
Enbridge (ENB) 0.6 $2.2M 53k 41.84
Humana (HUM) 0.6 $2.2M 9.1k 243.63
Alexandria Real Estate Equitie conv prf 0.6 $2.2M 60k 36.32
Intercontinental Exchange (ICE) 0.6 $2.2M 32k 68.70
Amphenol Corporation (APH) 0.6 $2.1M 25k 84.64
KLA-Tencor Corporation (KLAC) 0.6 $2.2M 21k 106.00
Spirit Realty Capital Inc convertible cor 0.6 $2.2M 2.1k 1025.74
Tcp Cap Corp note 5.250%12/1 0.6 $2.2M 2.0k 1087.10
Corning Incorporated (GLW) 0.6 $2.1M 71k 29.92
Ameriprise Financial (AMP) 0.6 $2.1M 14k 148.51
Global Payments (GPN) 0.6 $2.1M 22k 95.03
Cooper Companies 0.6 $2.1M 8.9k 237.11
Skyworks Solutions (SWKS) 0.6 $2.1M 21k 101.90
Amg Capital Trust Ii convert (AATRL) 0.6 $2.1M 34k 61.73
American Rlty Cap Pptys Inc note 3.000% 8/0 0.6 $2.1M 2.1k 1015.92
Prudential Financial (PRU) 0.6 $2.1M 20k 106.32
Sempra Energy (SRE) 0.6 $2.1M 18k 114.13
Te Connectivity Ltd for 0.6 $2.1M 25k 83.06
Willis Towers Watson (WTW) 0.6 $2.1M 14k 154.23
Xilinx 0.5 $2.1M 29k 70.83
Ametek (AME) 0.5 $2.1M 31k 66.04
Hess Pfd p 0.5 $2.0M 35k 58.64
Digital Realty Trust (DLR) 0.5 $2.0M 17k 118.33
McKesson Corporation (MCK) 0.5 $2.0M 13k 153.61
T. Rowe Price (TROW) 0.5 $2.0M 22k 90.65
PerkinElmer (RVTY) 0.5 $2.0M 29k 68.97
BB&T Corporation 0.5 $2.0M 42k 46.94
Ford Motor Company (F) 0.5 $2.0M 164k 11.97
Bunge Limited 4.875% Cum. Cv. pfd cv 0.5 $2.0M 19k 103.63
Expedia (EXPE) 0.5 $1.9M 14k 143.94
Rpm International Inc convertible cor 0.5 $1.9M 1.7k 1167.51
Cintas Corporation (CTAS) 0.5 $1.9M 13k 144.28
Clorox Company (CLX) 0.5 $1.9M 14k 131.91
Best Buy (BBY) 0.5 $1.9M 33k 56.96
Weyerhaeuser Company (WY) 0.5 $1.8M 54k 34.03
Stericycle, Inc. pfd cv 0.5 $1.9M 32k 58.16
CMS Energy Corporation (CMS) 0.5 $1.8M 39k 46.32
M&T Bank Corporation (MTB) 0.5 $1.8M 11k 161.04
International Paper Company (IP) 0.5 $1.8M 32k 56.82
Citizens Financial (CFG) 0.5 $1.8M 48k 37.87
Andeavor 0.5 $1.8M 18k 103.15
H&R Block (HRB) 0.5 $1.8M 67k 26.48
Micron Technology Inc conv 0.5 $1.8M 1.3k 1408.30
Citrix Systems Inc conv 0.5 $1.8M 1.5k 1167.62
Northern Trust Corporation (NTRS) 0.5 $1.7M 19k 91.93
Legg Mason 0.5 $1.7M 44k 39.31
Comerica Incorporated (CMA) 0.5 $1.7M 23k 76.26
AmerisourceBergen (COR) 0.5 $1.7M 21k 82.75
Key (KEY) 0.5 $1.8M 93k 18.82
J.B. Hunt Transport Services (JBHT) 0.5 $1.7M 15k 111.08
Williams Companies (WMB) 0.5 $1.7M 57k 30.01
Invesco (IVZ) 0.5 $1.7M 49k 35.04
Zions Bancorporation (ZION) 0.5 $1.7M 36k 47.18
Teva Pharmaceutical Industries 0.5 $1.7M 5.0k 346.30
Xl 0.5 $1.7M 43k 39.45
Dr Pepper Snapple 0.4 $1.7M 19k 88.47
Quest Diagnostics Incorporated (DGX) 0.4 $1.7M 18k 93.64
Dentsply Sirona (XRAY) 0.4 $1.7M 28k 59.81
Leucadia National 0.4 $1.6M 65k 25.25
Cardinal Health (CAH) 0.4 $1.6M 25k 66.92
Universal Health Services (UHS) 0.4 $1.6M 14k 110.94
Vulcan Materials Company (VMC) 0.4 $1.6M 13k 119.60
Darden Restaurants (DRI) 0.4 $1.6M 20k 78.78
Robert Half International (RHI) 0.4 $1.6M 31k 50.34
Ryder System (R) 0.4 $1.5M 18k 84.55
Omni (OMC) 0.4 $1.5M 20k 74.07
Fastenal Company (FAST) 0.4 $1.5M 33k 45.58
Equifax (EFX) 0.4 $1.5M 14k 105.99
Martin Marietta Materials (MLM) 0.4 $1.5M 7.1k 206.23
Pioneer Natural Resources 0.4 $1.5M 10k 147.54
Leggett & Platt (LEG) 0.4 $1.5M 31k 47.73
People's United Financial 0.4 $1.4M 77k 18.14
Dun & Bradstreet Corporation 0.4 $1.4M 12k 116.41
Western Union Company (WU) 0.4 $1.4M 72k 19.20
Sealed Air (SEE) 0.4 $1.4M 32k 42.72
Tractor Supply Company (TSCO) 0.3 $1.3M 21k 63.29
CenturyLink 0.3 $1.3M 68k 18.90
Harley-Davidson (HOG) 0.3 $1.2M 26k 48.21
Janus Capital conv 0.3 $1.2M 796.00 1553.71
Kohl's Corporation (KSS) 0.3 $1.2M 27k 45.65
W.W. Grainger (GWW) 0.3 $1.2M 6.7k 179.75
Marathon Oil Corporation (MRO) 0.3 $1.2M 89k 13.56
Rti Intl Metals Inc note 1.625%10/1 0.3 $1.2M 1.1k 1130.41
Ryland Group note 0.3 $1.1M 936.00 1215.92
Dycom Inds Inc Note 0.750% 9/1 bond 0.3 $1.1M 967.00 1141.68
Baker Hughes A Ge Company (BKR) 0.3 $1.0M 28k 36.62
Advance Auto Parts (AAP) 0.2 $903k 9.1k 99.20
United Parcel Service (UPS) 0.2 $851k 7.1k 120.09
V.F. Corporation (VFC) 0.2 $846k 13k 63.57
Johnson & Johnson (JNJ) 0.2 $791k 6.1k 130.01
Six Flags Entertainment (SIX) 0.2 $797k 13k 60.94
Pfizer (PFE) 0.2 $751k 21k 35.70
Cisco Systems (CSCO) 0.2 $768k 23k 33.63
CVS Caremark Corporation (CVS) 0.2 $756k 9.3k 81.32
Altria (MO) 0.2 $744k 12k 63.42
Bce (BCE) 0.2 $763k 16k 46.83
Industries N shs - a - (LYB) 0.2 $772k 7.8k 99.05
Wp Carey (WPC) 0.2 $773k 12k 67.39
Ares Capital Corporation (ARCC) 0.2 $734k 45k 16.39
At&t (T) 0.2 $695k 18k 39.17
Macquarie Infrastructure Company 0.2 $700k 9.7k 72.18
Omega Healthcare Investors (OHI) 0.2 $638k 20k 31.91
iShares Lehman MBS Bond Fund (MBB) 0.2 $650k 6.1k 107.10
iShares IBoxx $ Invest Grade Corp Bd (LQD) 0.1 $577k 4.8k 121.23
iShares Barclays Inter Crd Bd Fund ETF) (IGIB) 0.1 $568k 5.2k 110.16
Ishares Tr fltg rate nt (FLOT) 0.1 $584k 12k 50.94
Spdr S&p 500 Etf (SPY) 0.1 $515k 2.1k 251.23
Amgen (AMGN) 0.1 $483k 2.6k 186.45
iShares MSCI Hong Kong Index Fund (EWH) 0.1 $511k 21k 24.69
iShares MSCI France Index (EWQ) 0.1 $505k 16k 30.90
Ishares Inc msci india index (INDA) 0.1 $509k 16k 32.85
Ishares Tr msci spain etf 0.1 $477k 21k 23.03
Ishares Inc etp (EWT) 0.1 $486k 14k 36.10
Nextera Energy (NEE) 0.1 $470k 3.2k 146.55
Cyrusone 0.1 $445k 7.6k 58.93
Ishares Tr hdg msci germn (HEWG) 0.1 $471k 17k 28.49
Ishr Msci Singapore (EWS) 0.1 $473k 19k 24.43
Wells Fargo & Company (WFC) 0.1 $399k 7.2k 55.15
Boeing Company (BA) 0.1 $427k 1.7k 254.21
Clyme US Cptl Mkts Mco Trm Fxd Idx 0.1 $435k 8.6k 50.37
Spectra Energy Partners 0.1 $396k 8.9k 44.38
Eqt Midstream Partners 0.1 $392k 5.2k 74.97
iShares iBoxx $ High Yid Corp Bond (HYG) 0.1 $356k 4.0k 88.76
iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) 0.1 $346k 3.3k 105.35
Epr Pptys conv pfd 9% sr e (EPR.PE) 0.1 $345k 9.5k 36.37
Morgan Stanley 6.875 Pfd Cal (MS.PF) 0.1 $328k 11k 28.89
75508b 20 3 Rayonier Advanced Matls Inc Pfd Cv Ser A rayonier advanced matls 0.1 $352k 3.3k 105.56
Nustar Logistics Lp prf 0.1 $311k 12k 25.36
Wells Fargo 5.85% public 0.1 $312k 11k 27.28
Citigroup Inc. 7.125% prd 0.1 $310k 11k 28.99
Dlr 7 3/8 12/31/49 0.1 $262k 9.7k 27.12
49456b 20 0 Kinder Morgan Inc Del Pfd Ser A kinder morgan inc del 0.1 $252k 6.0k 42.15
Financial Select Sector SPDR (XLF) 0.0 $132k 5.1k 25.86
iShares Lehman 1-3 Year Treas.Bond (SHY) 0.0 $112k 1.3k 84.45
Vanguard Short Term Corporate Bond ETF (VCSH) 0.0 $113k 1.4k 80.13
Ishares U S Etf Tr int rt hdg c b (IGBH) 0.0 $120k 4.7k 25.74
Ishares Trust Barclays (GNMA) 0.0 $89k 1.8k 49.93
Ishares U S Etf Tr it rt hdg hgyl (HYGH) 0.0 $59k 643.00 91.79
Safeway Inc New Xxx warrant and righ 0.0 $84k 84k 1.01
iShares Barclays TIPS Bond Fund (TIP) 0.0 $23k 200.00 113.58
Alerian Mlp Etf 0.0 $13k 1.2k 11.22
Safeway Inc New Xxx warrant and righ 0.0 $2.5k 84k 0.03