Laffer Investments as of March 31, 2018
Portfolio Holdings for Laffer Investments
Laffer Investments holds 195 positions in its portfolio as reported in the March 2018 quarterly 13F filing
Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
---|---|---|---|---|---|
Microsoft Corporation (MSFT) | 2.8 | $11M | 121k | 91.27 | |
Lam Research Corp conv | 2.1 | $8.6M | 2.5k | 3392.00 | |
JPMorgan Chase & Co. (JPM) | 1.8 | $7.4M | 67k | 109.97 | |
Wells Fargo & Company (WFC) | 1.2 | $4.8M | 91k | 52.41 | |
Becton Dickinson & Co pfd shs conv a | 1.2 | $4.8M | 82k | 58.24 | |
Anthem Inc conv p | 1.1 | $4.6M | 85k | 53.76 | |
Crown Castle Intl Corp New 6.875% con pfd a | 1.1 | $4.4M | 4.0k | 1115.67 | |
UnitedHealth (UNH) | 1.1 | $4.4M | 21k | 214.00 | |
Dominion Resource p | 1.1 | $4.4M | 95k | 46.40 | |
Amgen (AMGN) | 1.0 | $4.1M | 24k | 170.48 | |
Texas Instruments Incorporated (TXN) | 1.0 | $4.1M | 39k | 103.89 | |
Citigroup (C) | 1.0 | $4.0M | 59k | 67.50 | |
Philip Morris International (PM) | 0.9 | $3.8M | 38k | 99.40 | |
Merck & Co (MRK) | 0.9 | $3.8M | 69k | 54.47 | |
Red Hat Inc conv | 0.9 | $3.8M | 1.9k | 2030.29 | |
Priceline Group Inc/the conv | 0.9 | $3.8M | 3.0k | 1249.93 | |
Walt Disney Company (DIS) | 0.9 | $3.7M | 37k | 100.44 | |
Xl | 0.9 | $3.7M | 66k | 55.26 | |
3M Company (MMM) | 0.9 | $3.4M | 16k | 219.52 | |
Valero Energy Corporation (VLO) | 0.8 | $3.4M | 37k | 92.77 | |
Wells Fargo & Company Non-cum Perpet cnv (WFC.PL) | 0.8 | $3.3M | 2.6k | 1286.25 | |
Kohl's Corporation (KSS) | 0.8 | $3.3M | 50k | 65.51 | |
Goldman Sachs (GS) | 0.8 | $3.3M | 13k | 251.86 | |
Stanley Black & Decker Inc unit 05/15/2020 | 0.8 | $3.2M | 28k | 114.96 | |
Nxp Semiconductors N V dbcv 1.000% 12/0 | 0.8 | $3.2M | 2.6k | 1249.00 | |
Thermo Fisher Scientific (TMO) | 0.8 | $3.1M | 15k | 206.46 | |
Time Warner | 0.8 | $3.1M | 32k | 94.58 | |
Starbucks Corporation (SBUX) | 0.8 | $3.0M | 53k | 57.89 | |
Ares Capital Corp conv | 0.8 | $3.1M | 3.0k | 1032.51 | |
PNC Financial Services (PNC) | 0.8 | $3.0M | 20k | 151.24 | |
American Express Company (AXP) | 0.7 | $2.9M | 31k | 93.28 | |
Paychex (PAYX) | 0.7 | $2.9M | 48k | 61.59 | |
TJX Companies (TJX) | 0.7 | $2.9M | 36k | 81.56 | |
Charles Schwab Corporation (SCHW) | 0.7 | $2.9M | 56k | 52.22 | |
Caterpillar (CAT) | 0.7 | $2.9M | 20k | 147.38 | |
Applied Materials (AMAT) | 0.7 | $2.9M | 51k | 55.61 | |
Illumina Inc. 0.00% June 15, 2019 ccb | 0.7 | $2.8M | 2.6k | 1108.53 | |
Sempra Energy convertible preferred security | 0.7 | $2.9M | 28k | 102.17 | |
W.W. Grainger (GWW) | 0.7 | $2.8M | 9.8k | 282.27 | |
Qualcomm (QCOM) | 0.7 | $2.8M | 50k | 55.41 | |
Intuit (INTU) | 0.7 | $2.8M | 16k | 173.35 | |
Macquarie Infrastructure conv | 0.7 | $2.8M | 2.8k | 1003.87 | |
Anadarko Petroleum Corporation | 0.7 | $2.7M | 45k | 60.41 | |
Constellation Brands (STZ) | 0.7 | $2.7M | 12k | 227.92 | |
Marriott International (MAR) | 0.7 | $2.7M | 20k | 135.98 | |
Marathon Petroleum Corp (MPC) | 0.7 | $2.7M | 37k | 73.11 | |
Tpg Specialty Lending In conv | 0.7 | $2.7M | 2.6k | 1050.44 | |
Automatic Data Processing (ADP) | 0.7 | $2.6M | 23k | 113.48 | |
Humana (HUM) | 0.7 | $2.6M | 9.8k | 268.83 | |
Hercules Capital Inc dbcv 4.375% 2/0 | 0.7 | $2.6M | 2.6k | 1027.55 | |
Bank of New York Mellon Corporation (BK) | 0.7 | $2.6M | 51k | 51.53 | |
CSX Corporation (CSX) | 0.7 | $2.6M | 47k | 55.71 | |
M&T Bank Corporation (MTB) | 0.7 | $2.6M | 14k | 184.36 | |
Aetna | 0.7 | $2.6M | 16k | 169.00 | |
BB&T Corporation | 0.7 | $2.6M | 51k | 52.04 | |
Deere & Company (DE) | 0.7 | $2.6M | 17k | 155.32 | |
Target Corporation (TGT) | 0.7 | $2.6M | 37k | 69.43 | |
Southern Company (SO) | 0.6 | $2.6M | 58k | 44.66 | |
Sempra Energy (SRE) | 0.6 | $2.6M | 23k | 111.22 | |
Analog Devices (ADI) | 0.6 | $2.5M | 28k | 91.13 | |
Eastman Chemical Company (EMN) | 0.6 | $2.5M | 24k | 105.58 | |
Total System Services | 0.6 | $2.5M | 29k | 86.26 | |
AFLAC Incorporated (AFL) | 0.6 | $2.5M | 57k | 43.76 | |
Comerica Incorporated (CMA) | 0.6 | $2.5M | 26k | 95.93 | |
Regions Financial Corporation (RF) | 0.6 | $2.5M | 135k | 18.58 | |
Tcp Cap Corp note 5.250%12/1 | 0.6 | $2.5M | 2.3k | 1062.62 | |
Via | 0.6 | $2.5M | 79k | 31.06 | |
SYSCO Corporation (SYY) | 0.6 | $2.5M | 41k | 59.96 | |
NRG Energy (NRG) | 0.6 | $2.4M | 79k | 30.53 | |
Halliburton Company (HAL) | 0.6 | $2.4M | 51k | 46.94 | |
Advance Auto Parts (AAP) | 0.6 | $2.4M | 20k | 118.55 | |
Ametek (AME) | 0.6 | $2.4M | 32k | 75.97 | |
Willis Towers Watson (WTW) | 0.6 | $2.4M | 16k | 152.19 | |
Republic Services (RSG) | 0.6 | $2.4M | 36k | 66.23 | |
Prudential Financial (PRU) | 0.6 | $2.4M | 23k | 103.55 | |
KLA-Tencor Corporation (KLAC) | 0.6 | $2.4M | 22k | 109.01 | |
Skyworks Solutions (SWKS) | 0.6 | $2.4M | 24k | 100.26 | |
Consolidated Edison (ED) | 0.6 | $2.3M | 30k | 77.94 | |
Ca | 0.6 | $2.3M | 69k | 33.90 | |
Fastenal Company (FAST) | 0.6 | $2.3M | 42k | 54.59 | |
Zions Bancorporation (ZION) | 0.6 | $2.3M | 44k | 52.73 | |
American Rlty Cap Pptys Inc note 3.000% 8/0 | 0.6 | $2.3M | 2.3k | 1010.84 | |
Johnson Controls International Plc equity (JCI) | 0.6 | $2.3M | 66k | 35.24 | |
CMS Energy Corporation (CMS) | 0.6 | $2.3M | 51k | 45.29 | |
Nordstrom (JWN) | 0.6 | $2.3M | 47k | 48.41 | |
Xilinx | 0.6 | $2.3M | 32k | 72.24 | |
Key (KEY) | 0.6 | $2.3M | 116k | 19.55 | |
CenterPoint Energy (CNP) | 0.6 | $2.3M | 83k | 27.40 | |
A. O. Smith Corporation (AOS) | 0.6 | $2.3M | 36k | 63.59 | |
Church & Dwight (CHD) | 0.6 | $2.3M | 46k | 50.36 | |
Kansas City Southern | 0.6 | $2.3M | 21k | 109.85 | |
Citizens Financial (CFG) | 0.6 | $2.3M | 55k | 41.98 | |
Cardinal Health (CAH) | 0.6 | $2.2M | 36k | 62.68 | |
J.B. Hunt Transport Services (JBHT) | 0.6 | $2.2M | 19k | 117.15 | |
Agilent Technologies Inc C ommon (A) | 0.6 | $2.3M | 34k | 66.90 | |
Garmin (GRMN) | 0.6 | $2.3M | 38k | 58.93 | |
Micron Technology Inc conv | 0.6 | $2.3M | 1.2k | 1816.63 | |
Foot Locker (FL) | 0.6 | $2.2M | 48k | 45.54 | |
Finisar Corp note 0.500%12/1 | 0.6 | $2.2M | 2.2k | 989.18 | |
People's United Financial | 0.5 | $2.2M | 117k | 18.66 | |
Pentair cs (PNR) | 0.5 | $2.2M | 32k | 68.13 | |
H&R Block (HRB) | 0.5 | $2.1M | 84k | 25.41 | |
AmerisourceBergen (COR) | 0.5 | $2.1M | 25k | 86.21 | |
Campbell Soup Company (CPB) | 0.5 | $2.1M | 49k | 43.31 | |
Alexandria Real Estate Equitie conv prf | 0.5 | $2.1M | 59k | 36.30 | |
Spirit Realty Capital Inc convertible cor | 0.5 | $2.1M | 2.1k | 1018.05 | |
Welltower Inc 6.50% pfd prepet | 0.5 | $2.1M | 38k | 55.80 | |
Assurant Inc convertible preferred security | 0.5 | $2.1M | 21k | 103.74 | |
Western Union Company (WU) | 0.5 | $2.1M | 108k | 19.23 | |
Ameriprise Financial (AMP) | 0.5 | $2.1M | 14k | 147.94 | |
Whirlpool Corporation (WHR) | 0.5 | $2.1M | 14k | 153.11 | |
Marathon Oil Corporation (MRO) | 0.5 | $2.1M | 129k | 16.13 | |
Amg Capital Trust Ii convert (AATRL) | 0.5 | $2.1M | 34k | 62.35 | |
Mosaic (MOS) | 0.5 | $2.1M | 87k | 24.28 | |
Hess Pfd p | 0.5 | $2.1M | 35k | 59.72 | |
Lennar Corporation (LEN) | 0.5 | $2.1M | 35k | 58.94 | |
International Flavors & Fragrances (IFF) | 0.5 | $2.0M | 15k | 136.91 | |
Baker Hughes A Ge Company (BKR) | 0.5 | $2.1M | 74k | 27.77 | |
Andeavor | 0.5 | $2.1M | 20k | 100.56 | |
Packaging Corporation of America (PKG) | 0.5 | $2.0M | 18k | 112.70 | |
Bunge Limited 4.875% Cum. Cv. pfd cv | 0.5 | $2.0M | 19k | 108.73 | |
Rpm International Inc convertible cor | 0.5 | $2.0M | 1.8k | 1138.87 | |
Citrix Systems Inc conv | 0.5 | $2.0M | 1.5k | 1323.38 | |
Sealed Air (SEE) | 0.5 | $2.0M | 46k | 42.79 | |
D.R. Horton (DHI) | 0.5 | $2.0M | 45k | 43.84 | |
Pulte (PHM) | 0.5 | $1.9M | 66k | 29.49 | |
Unum (UNM) | 0.5 | $1.9M | 41k | 47.61 | |
Leucadia National | 0.5 | $1.9M | 83k | 22.73 | |
Range Resources (RRC) | 0.5 | $1.9M | 130k | 14.54 | |
Williams Companies (WMB) | 0.5 | $1.9M | 76k | 24.86 | |
Mattel (MAT) | 0.5 | $1.8M | 141k | 13.15 | |
Anadarko Petroleum Corp conv p | 0.5 | $1.8M | 61k | 29.89 | |
Dentsply Sirona (XRAY) | 0.5 | $1.8M | 36k | 50.31 | |
Hannon Armstrong Sust Infr C note 4.125% 9/0 | 0.4 | $1.5M | 1.5k | 967.40 | |
Deutsche Bank Ag London convertible bond | 0.4 | $1.5M | 1.5k | 1019.94 | |
Stericycle, Inc. pfd cv | 0.4 | $1.4M | 32k | 45.28 | |
Starwood Property Trust Inc convertible security | 0.3 | $1.4M | 1.3k | 1050.14 | |
Dycom Inds Inc Note 0.750% 9/1 bond | 0.3 | $1.2M | 960.00 | 1270.16 | |
Janus Capital conv | 0.3 | $1.2M | 783.00 | 1494.25 | |
Rti Intl Metals Inc note 1.625%10/1 | 0.3 | $1.1M | 1.1k | 1067.41 | |
Cisco Systems (CSCO) | 0.2 | $900k | 21k | 42.89 | |
V.F. Corporation (VFC) | 0.2 | $879k | 12k | 74.12 | |
Industries N shs - a - (LYB) | 0.2 | $755k | 7.1k | 105.68 | |
Johnson & Johnson (JNJ) | 0.2 | $720k | 5.6k | 128.15 | |
Six Flags Entertainment (SIX) | 0.2 | $738k | 12k | 62.26 | |
Pfizer (PFE) | 0.2 | $687k | 19k | 35.49 | |
United Parcel Service (UPS) | 0.2 | $683k | 6.5k | 104.66 | |
Altria (MO) | 0.2 | $693k | 11k | 62.32 | |
Ladder Capital Corp Class A (LADR) | 0.2 | $679k | 45k | 15.08 | |
Rio Tinto (RIO) | 0.2 | $638k | 12k | 51.53 | |
Bce (BCE) | 0.2 | $642k | 15k | 43.04 | |
Ares Capital Corporation (ARCC) | 0.2 | $657k | 41k | 15.87 | |
Ishares Tr fltg rate nt (FLOT) | 0.2 | $623k | 12k | 50.93 | |
Wp Carey (WPC) | 0.2 | $656k | 11k | 61.99 | |
At&t (T) | 0.1 | $598k | 17k | 35.65 | |
Oneok (OKE) | 0.1 | $613k | 11k | 56.92 | |
Omega Healthcare Investors (OHI) | 0.1 | $513k | 19k | 27.04 | |
Ishares Tr 0-5yr invt gr cp (SLQD) | 0.1 | $509k | 10k | 49.74 | |
Spdr S&p 500 Etf (SPY) | 0.1 | $484k | 1.8k | 263.15 | |
iShares MSCI Hong Kong Index Fund (EWH) | 0.1 | $471k | 19k | 25.31 | |
iShares Lehman MBS Bond Fund (MBB) | 0.1 | $483k | 4.6k | 104.64 | |
iShares MSCI France Index (EWQ) | 0.1 | $471k | 15k | 31.40 | |
Ishares Inc msci india index (INDA) | 0.1 | $475k | 14k | 34.13 | |
Ishr Msci Singapore (EWS) | 0.1 | $464k | 17k | 26.67 | |
Ishares Inc etp (EWT) | 0.1 | $464k | 12k | 38.34 | |
Nextera Energy (NEE) | 0.1 | $453k | 2.8k | 163.33 | |
iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) | 0.1 | $454k | 4.4k | 103.80 | |
Global X Fds glob x nor etf | 0.1 | $436k | 32k | 13.76 | |
Ishares Tr hdg msci germn (HEWG) | 0.1 | $407k | 15k | 27.40 | |
Crown Castle Intl (CCI) | 0.1 | $384k | 3.5k | 109.61 | |
Boeing Company (BA) | 0.1 | $376k | 1.1k | 327.88 | |
Dominion Resources (D) | 0.1 | $330k | 4.9k | 67.43 | |
Epr Pptys conv pfd 9% sr e (EPR.PE) | 0.1 | $329k | 9.4k | 34.86 | |
Nustar Logistics Lp prf (NSS) | 0.1 | $311k | 12k | 25.25 | |
Citigroup Inc. 7.125% prd (C.PJ) | 0.1 | $307k | 11k | 28.56 | |
Morgan Stanley 6.875 Pfd Cal (MS.PF) | 0.1 | $319k | 11k | 28.03 | |
Dlr 7 3/8 12/31/49 | 0.1 | $322k | 12k | 26.29 | |
Bdc 6 3/4 07/15/19 conv prf | 0.1 | $303k | 3.3k | 93.28 | |
Carlyle Group Lp 5.875 Non Cum Red Perp Pfd Units Series A equity | 0.1 | $321k | 13k | 24.06 | |
iShares iBoxx $ High Yid Corp Bond (HYG) | 0.1 | $301k | 3.5k | 85.64 | |
Eqt Midstream Partners | 0.1 | $273k | 4.6k | 59.03 | |
iShares IBoxx $ Invest Grade Corp Bd (LQD) | 0.1 | $230k | 2.0k | 117.39 | |
Kinder Morgan (KMI) | 0.1 | $252k | 17k | 15.06 | |
75508b 20 3 Rayonier Advanced Matls Inc Pfd Cv Ser A rayonier advanced matls | 0.1 | $240k | 1.6k | 150.28 | |
Financial Select Sector SPDR (XLF) | 0.0 | $141k | 5.1k | 27.57 | |
iShares Lehman 1-3 Year Treas.Bond (SHY) | 0.0 | $111k | 1.3k | 83.56 | |
Vanguard Short Term Corporate Bond ETF (VCSH) | 0.0 | $110k | 1.4k | 78.43 | |
Ishares Tr conv bd etf (ICVT) | 0.0 | $123k | 2.2k | 56.32 | |
Ishares U S Etf Tr int rt hdg c b (IGBH) | 0.0 | $122k | 4.7k | 26.24 | |
Guggenheim Ultra Short Duration Etf etf | 0.0 | $112k | 2.2k | 50.23 | |
Ishares Trust Barclays (GNMA) | 0.0 | $87k | 1.8k | 48.59 | |
iShares Barclays TIPS Bond Fund (TIP) | 0.0 | $23k | 200.00 | 113.05 | |
Ishares U S Etf Tr it rt hdg hgyl (HYGH) | 0.0 | $58k | 643.00 | 90.57 | |
Alerian Mlp Etf | 0.0 | $20k | 2.1k | 9.37 | |
Safeway Inc New Xxx warrant and righ | 0.0 | $4.1k | 84k | 0.05 |