Laffer Investments

Laffer Investments as of Dec. 31, 2017

Portfolio Holdings for Laffer Investments

Laffer Investments holds 210 positions in its portfolio as reported in the December 2017 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Microsoft Corporation (MSFT) 3.1 $12M 144k 85.54
JPMorgan Chase & Co. (JPM) 2.0 $7.9M 74k 106.94
Lam Research Corp conv 2.0 $7.9M 2.6k 3061.72
Home Depot (HD) 1.4 $5.4M 29k 189.53
Intel Corporation (INTC) 1.3 $5.1M 110k 46.16
Dominion Resource p 1.2 $4.9M 94k 51.81
UnitedHealth (UNH) 1.2 $4.9M 22k 220.46
Anthem Inc conv p 1.2 $4.9M 87k 56.02
Texas Instruments Incorporated (TXN) 1.1 $4.5M 43k 104.44
Becton Dickinson & Co pfd shs conv a 1.0 $3.9M 67k 58.22
Walt Disney Company (DIS) 0.9 $3.7M 34k 107.51
Crown Castle Intl Corp New 6.875% con pfd a 0.9 $3.7M 3.3k 1131.18
Priceline Group Inc/the conv 0.9 $3.6M 3.0k 1173.81
Stanley Black & Decker Inc unit 05/15/2020 0.9 $3.5M 29k 122.83
Medtronic (MDT) 0.9 $3.5M 43k 80.75
Broad 0.9 $3.5M 14k 256.90
Union Pacific Corporation (UNP) 0.9 $3.4M 26k 134.10
Valero Energy Corporation (VLO) 0.9 $3.4M 37k 91.91
Wells Fargo & Company Non-cum Perpet cnv (WFC.PL) 0.8 $3.4M 2.6k 1313.55
Nxp Semiconductors N V dbcv 1.000% 12/0 0.8 $3.2M 2.6k 1241.74
Ares Capital Corp conv 0.8 $3.2M 3.0k 1063.16
Cme (CME) 0.8 $3.2M 22k 146.05
Bristol Myers Squibb (BMY) 0.8 $3.1M 51k 61.28
Activision Blizzard 0.8 $3.1M 49k 63.32
Red Hat Inc conv 0.8 $3.1M 1.9k 1650.20
Applied Materials (AMAT) 0.8 $3.0M 59k 51.12
Thermo Fisher Scientific (TMO) 0.8 $3.0M 16k 189.88
Estee Lauder Companies (EL) 0.7 $3.0M 23k 127.24
Aetna 0.7 $2.9M 16k 180.39
Lam Research Corporation 0.7 $2.9M 16k 184.07
Lowe's Companies (LOW) 0.7 $2.9M 31k 92.94
Allergan Plc pfd conv ser a 0.7 $2.9M 4.9k 586.18
Progressive Corporation (PGR) 0.7 $2.8M 50k 56.32
D.R. Horton (DHI) 0.7 $2.8M 55k 51.07
S&p Global (SPGI) 0.7 $2.8M 17k 169.40
PNC Financial Services (PNC) 0.7 $2.8M 19k 144.29
Illumina Inc. 0.00% June 15, 2019 ccb 0.7 $2.8M 2.6k 1087.82
Goldman Sachs (GS) 0.7 $2.8M 11k 254.76
Charles Schwab Corporation (SCHW) 0.7 $2.8M 54k 51.37
Morgan Stanley (MS) 0.7 $2.8M 53k 52.47
Paychex (PAYX) 0.7 $2.7M 40k 68.08
Macquarie Infrastructure conv 0.7 $2.7M 2.5k 1057.54
Sherwin-Williams Company (SHW) 0.7 $2.6M 6.4k 410.04
Analog Devices (ADI) 0.7 $2.6M 30k 89.03
Moody's Corporation (MCO) 0.6 $2.5M 17k 147.61
Starbucks Corporation (SBUX) 0.6 $2.6M 45k 57.43
Old Republic Intl Corp note 0.6 $2.6M 1.8k 1409.46
Schlumberger (SLB) 0.6 $2.5M 37k 67.39
Intuit (INTU) 0.6 $2.5M 16k 157.78
Ameriprise Financial (AMP) 0.6 $2.4M 14k 169.47
Tpg Specialty Lending In conv 0.6 $2.4M 2.3k 1035.74
Automatic Data Processing (ADP) 0.6 $2.4M 21k 117.19
Agilent Technologies Inc C ommon (A) 0.6 $2.4M 36k 66.97
Roper Industries (ROP) 0.6 $2.4M 9.3k 259.00
Te Connectivity Ltd for 0.6 $2.4M 25k 95.04
Hp (HPQ) 0.6 $2.4M 114k 21.01
Bank of New York Mellon Corporation (BK) 0.6 $2.4M 44k 53.86
Marsh & McLennan Companies 0.6 $2.3M 28k 81.39
Corning Incorporated (GLW) 0.6 $2.3M 71k 31.99
Fidelity National Information Services (FIS) 0.6 $2.3M 24k 94.09
T. Rowe Price (TROW) 0.6 $2.3M 22k 104.93
Humana (HUM) 0.6 $2.3M 9.1k 248.07
Ametek (AME) 0.6 $2.3M 31k 72.47
Intercontinental Exchange (ICE) 0.6 $2.3M 32k 70.56
American Tower Corp cnv p 0.6 $2.3M 18k 125.83
Global Payments (GPN) 0.6 $2.2M 22k 100.24
Best Buy (BBY) 0.6 $2.3M 33k 68.47
Prudential Financial (PRU) 0.6 $2.2M 20k 114.98
Amphenol Corporation (APH) 0.6 $2.2M 25k 87.80
Alexandria Real Estate Equitie conv prf 0.6 $2.2M 60k 37.41
Microchip Technology (MCHP) 0.6 $2.2M 25k 87.88
Amg Capital Trust Ii convert (AATRL) 0.6 $2.2M 34k 63.99
Aon 0.6 $2.2M 17k 134.00
Clorox Company (CLX) 0.5 $2.1M 14k 148.74
KLA-Tencor Corporation (KLAC) 0.5 $2.1M 21k 105.07
American Rlty Cap Pptys Inc note 3.000% 8/0 0.5 $2.1M 2.1k 1025.20
Finisar Corp note 0.500%12/1 0.5 $2.2M 2.2k 1008.73
Welltower Inc 6.50% pfd prepet 0.5 $2.2M 36k 59.93
BB&T Corporation 0.5 $2.1M 42k 49.72
Spirit Realty Capital Inc convertible cor 0.5 $2.1M 2.1k 1010.26
Tcp Cap Corp note 5.250%12/1 0.5 $2.1M 2.0k 1052.37
PerkinElmer (RVTY) 0.5 $2.1M 29k 73.12
Enbridge (ENB) 0.5 $2.1M 53k 39.11
McKesson Corporation (MCK) 0.5 $2.1M 13k 155.95
Ford Motor Company (F) 0.5 $2.0M 164k 12.49
Cintas Corporation (CTAS) 0.5 $2.1M 13k 155.83
Willis Towers Watson (WTW) 0.5 $2.0M 14k 150.69
Hess Pfd p 0.5 $2.0M 35k 58.18
Comerica Incorporated 0.5 $2.0M 23k 86.81
Skyworks Solutions (SWKS) 0.5 $2.0M 21k 94.95
Citizens Financial (CFG) 0.5 $2.0M 48k 41.98
Citrix Systems Inc conv 0.5 $2.0M 1.5k 1298.43
Anadarko Petroleum Corp conv p 0.5 $2.0M 59k 34.12
Andeavor 0.5 $2.0M 18k 114.34
Digital Realty Trust (DLR) 0.5 $1.9M 17k 113.90
Cooper Companies 0.5 $1.9M 8.9k 217.88
Xilinx 0.5 $2.0M 29k 67.42
Sempra Energy (SRE) 0.5 $1.9M 18k 106.92
Bunge Limited 4.875% Cum. Cv. pfd cv 0.5 $2.0M 19k 103.90
Rpm International Inc convertible cor 0.5 $1.9M 1.7k 1163.46
M&T Bank Corporation (MTB) 0.5 $1.9M 11k 170.99
Darden Restaurants (DRI) 0.5 $1.9M 20k 96.02
AmerisourceBergen (COR) 0.5 $1.9M 21k 91.82
Weyerhaeuser Company (WY) 0.5 $1.9M 54k 35.26
CMS Energy Corporation (CMS) 0.5 $1.9M 39k 47.30
Northern Trust Corporation (NTRS) 0.5 $1.9M 19k 99.89
Legg Mason 0.5 $1.9M 44k 41.98
International Paper Company (IP) 0.5 $1.9M 32k 57.94
Symantec Corporation 0.5 $1.9M 67k 28.06
Key (KEY) 0.5 $1.9M 93k 20.17
Dr Pepper Snapple 0.5 $1.8M 19k 97.06
Zions Bancorporation (ZION) 0.5 $1.8M 36k 50.83
Micron Technology Inc conv 0.5 $1.8M 1.3k 1451.83
Dentsply Sirona (XRAY) 0.5 $1.8M 28k 65.83
Fastenal Company (FAST) 0.5 $1.8M 33k 54.69
Invesco (IVZ) 0.5 $1.8M 49k 36.54
H&R Block (HRB) 0.4 $1.8M 67k 26.22
J.B. Hunt Transport Services (JBHT) 0.4 $1.8M 15k 114.98
Quest Diagnostics Incorporated (DGX) 0.4 $1.8M 18k 98.49
Leucadia National 0.4 $1.7M 65k 26.49
Williams Companies (WMB) 0.4 $1.7M 57k 30.49
Pioneer Natural Resources 0.4 $1.7M 10k 172.85
Robert Half International (RHI) 0.4 $1.7M 31k 55.54
Vulcan Materials Company (VMC) 0.4 $1.7M 13k 128.37
Ryland Group note 0.4 $1.7M 931.00 1803.21
Equifax (EFX) 0.4 $1.6M 14k 117.92
Expedia (EXPE) 0.4 $1.6M 14k 119.77
Hannon Armstrong Sust Infr C note 4.125% 9/0 0.4 $1.6M 1.5k 1056.60
Martin Marietta Materials (MLM) 0.4 $1.6M 7.1k 221.04
Sealed Air (SEE) 0.4 $1.6M 32k 49.30
Universal Health Services (UHS) 0.4 $1.6M 14k 113.35
Stericycle, Inc. pfd cv 0.4 $1.6M 30k 53.19
Tractor Supply Company (TSCO) 0.4 $1.5M 21k 74.75
W.W. Grainger (GWW) 0.4 $1.6M 6.7k 236.25
Cardinal Health (CAH) 0.4 $1.5M 25k 61.27
Marathon Oil Corporation (MRO) 0.4 $1.5M 89k 16.93
Teva Pharmaceutical Industries 0.4 $1.5M 4.3k 355.31
Xl 0.4 $1.5M 43k 35.16
Ryder System (R) 0.4 $1.5M 18k 84.17
Omni (OMC) 0.4 $1.5M 20k 72.83
People's United Financial 0.4 $1.4M 77k 18.70
Kohl's Corporation (KSS) 0.4 $1.5M 27k 54.23
Leggett & Platt (LEG) 0.4 $1.5M 31k 47.73
Dun & Bradstreet Corporation 0.4 $1.4M 12k 118.41
Western Union Company (WU) 0.3 $1.4M 72k 19.01
Janus Capital conv 0.3 $1.4M 798.00 1715.40
Starwood Property Trust Inc convertible security 0.3 $1.4M 1.3k 1039.48
Harley-Davidson (HOG) 0.3 $1.3M 26k 50.88
Dycom Inds Inc Note 0.750% 9/1 bond 0.3 $1.3M 973.00 1309.45
Rti Intl Metals Inc note 1.625%10/1 0.3 $1.2M 1.1k 1152.29
CenturyLink 0.3 $1.1M 68k 16.68
Advance Auto Parts (AAP) 0.2 $908k 9.1k 99.69
V.F. Corporation (VFC) 0.2 $872k 12k 74.00
Baker Hughes A Ge Company (BKR) 0.2 $873k 28k 31.64
Johnson & Johnson (JNJ) 0.2 $779k 5.6k 139.72
Cisco Systems (CSCO) 0.2 $800k 21k 38.30
Six Flags Entertainment (SIX) 0.2 $784k 12k 66.57
Industries N shs - a - (LYB) 0.2 $783k 7.1k 110.32
United Parcel Service (UPS) 0.2 $772k 6.5k 119.15
Altria (MO) 0.2 $772k 11k 71.41
Amgen (AMGN) 0.2 $721k 4.1k 173.90
Bce (BCE) 0.2 $711k 15k 48.01
Wp Carey (WPC) 0.2 $722k 11k 68.90
Pfizer (PFE) 0.2 $696k 19k 36.22
Ares Capital Corporation (ARCC) 0.2 $644k 41k 15.72
At&t (T) 0.1 $618k 16k 38.88
iShares Lehman MBS Bond Fund (MBB) 0.1 $610k 5.7k 106.59
Macquarie Infrastructure Company 0.1 $573k 8.9k 64.20
SPDR Barclays Capital Convertible SecETF (CWB) 0.1 $554k 11k 50.60
Ishares Tr fltg rate nt (FLOT) 0.1 $545k 11k 50.82
Ishares Inc msci india index (INDA) 0.1 $543k 15k 36.07
Spdr S&p 500 Etf (SPY) 0.1 $528k 2.0k 266.86
iShares MSCI Hong Kong Index Fund (EWH) 0.1 $512k 20k 25.42
iShares IBoxx $ Invest Grade Corp Bd (LQD) 0.1 $537k 4.4k 121.56
iShares Barclays Inter Crd Bd Fund ETF) (IGIB) 0.1 $522k 4.8k 109.21
iShares MSCI France Index (EWQ) 0.1 $507k 16k 31.22
Omega Healthcare Investors (OHI) 0.1 $495k 18k 27.54
Ishares Tr hdg msci germn (HEWG) 0.1 $462k 16k 28.69
Ishr Msci Singapore (EWS) 0.1 $488k 19k 25.93
Ishares Inc etp (EWT) 0.1 $474k 13k 36.21
Boeing Company (BA) 0.1 $426k 1.4k 294.91
Nextera Energy (NEE) 0.1 $432k 2.8k 156.19
Global X Fds glob x nor etf 0.1 $451k 34k 13.13
75508b 20 3 Rayonier Advanced Matls Inc Pfd Cv Ser A rayonier advanced matls 0.1 $458k 3.2k 144.82
Clyme US Cptl Mkts Mco Trm Fxd Idx 0.1 $408k 8.1k 50.14
Crown Castle Intl (CCI) 0.1 $387k 3.5k 111.01
Dominion Resources (D) 0.1 $371k 4.6k 81.06
Wells Fargo & Company (WFC) 0.1 $378k 6.2k 60.67
Epr Pptys conv pfd 9% sr e (EPR.PE) 0.1 $344k 9.3k 36.85
iShares iBoxx $ High Yid Corp Bond (HYG) 0.1 $331k 3.8k 87.26
iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) 0.1 $317k 3.0k 104.54
Eqt Midstream Partners 0.1 $321k 4.4k 73.10
Nustar Logistics Lp prf 0.1 $303k 12k 25.00
Wells Fargo 5.85% public 0.1 $306k 11k 27.00
Citigroup Inc. 7.125% prd 0.1 $305k 11k 28.85
Morgan Stanley 6.875 Pfd Cal (MS.PF) 0.1 $319k 11k 28.44
Dlr 7 3/8 12/31/49 0.1 $323k 12k 26.67
49456b 20 0 Kinder Morgan Inc Del Pfd Ser A kinder morgan inc del 0.1 $299k 7.9k 37.83
Carlyle Group Lp 5.875 Non Cum Red Perp Pfd Units Series A equity 0.1 $334k 13k 25.37
Spectra Energy Partners 0.1 $297k 7.5k 39.54
Financial Select Sector SPDR (XLF) 0.0 $143k 5.1k 27.91
iShares Lehman 1-3 Year Treas.Bond (SHY) 0.0 $111k 1.3k 83.85
Vanguard Short Term Corporate Bond ETF (VCSH) 0.0 $112k 1.4k 79.30
Ishares U S Etf Tr int rt hdg c b (IGBH) 0.0 $123k 4.7k 26.42
Ishares Trust Barclays (GNMA) 0.0 $89k 1.8k 49.48
Safeway Inc New Xxx warrant and righ 0.0 $84k 84k 1.01
iShares Barclays TIPS Bond Fund (TIP) 0.0 $23k 200.00 114.08
Ishares U S Etf Tr it rt hdg hgyl (HYGH) 0.0 $58k 643.00 90.85
Alerian Mlp Etf 0.0 $19k 1.8k 10.79
Safeway Inc New Xxx warrant and righ 0.0 $2.5k 84k 0.03