Laffer Investments

Laffer Investments as of June 30, 2018

Portfolio Holdings for Laffer Investments

Laffer Investments holds 195 positions in its portfolio as reported in the June 2018 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Microsoft Corporation (MSFT) 2.8 $11M 112k 98.61
JPMorgan Chase & Co. (JPM) 1.8 $6.9M 67k 104.20
Wells Fargo & Company (WFC) 1.3 $5.0M 91k 55.44
UnitedHealth (UNH) 1.3 $5.0M 21k 245.34
Becton Dickinson & Co pfd shs conv a 1.2 $4.5M 73k 61.89
Amgen (AMGN) 1.1 $4.4M 24k 184.59
Texas Instruments Incorporated (TXN) 1.1 $4.3M 39k 110.25
Merck & Co (MRK) 1.1 $4.2M 69k 60.70
Valero Energy Corporation (VLO) 1.0 $4.1M 37k 110.83
Citigroup (C) 1.0 $3.9M 59k 66.92
Dominion Resource p 1.0 $3.9M 85k 46.15
Walt Disney Company (DIS) 1.0 $3.9M 37k 104.81
Crown Castle Intl Corp New 6.875% con pfd a 1.0 $3.8M 3.5k 1073.45
Xl 0.9 $3.7M 66k 55.95
Kohl's Corporation (KSS) 0.9 $3.6M 50k 72.90
TJX Companies (TJX) 0.9 $3.4M 36k 95.18
Anadarko Petroleum Corporation 0.8 $3.3M 45k 73.25
Intuit (INTU) 0.8 $3.3M 16k 204.30
Stanley Black & Decker Inc unit 05/15/2020 0.8 $3.3M 31k 104.66
Paychex (PAYX) 0.8 $3.2M 48k 68.35
Priceline Group Inc/the conv 0.8 $3.2M 2.7k 1201.89
Automatic Data Processing (ADP) 0.8 $3.1M 23k 134.14
Thermo Fisher Scientific (TMO) 0.8 $3.1M 15k 207.14
American Express Company (AXP) 0.8 $3.1M 31k 98.00
3M Company (MMM) 0.8 $3.1M 16k 196.72
Philip Morris International (PM) 0.8 $3.1M 38k 80.74
W.W. Grainger (GWW) 0.8 $3.0M 9.8k 308.40
CSX Corporation (CSX) 0.8 $3.0M 47k 63.78
Red Hat Inc conv 0.8 $3.0M 1.6k 1827.53
Humana (HUM) 0.8 $2.9M 9.8k 297.63
Wells Fargo & Company Non-cum Perpet cnv (WFC.PL) 0.7 $2.9M 2.3k 1260.30
Deutsche Bank Ag London convertible bond 0.7 $2.9M 3.1k 927.82
Goldman Sachs (GS) 0.7 $2.9M 13k 220.57
Charles Schwab Corporation (SCHW) 0.7 $2.8M 56k 51.10
Aetna 0.7 $2.8M 16k 183.50
Target Corporation (TGT) 0.7 $2.8M 37k 76.12
SYSCO Corporation (SYY) 0.7 $2.8M 41k 68.29
Qualcomm (QCOM) 0.7 $2.8M 50k 56.12
American Rlty Cap Pptys Inc note 3.750%12/1 0.7 $2.8M 2.8k 1010.56
Advance Auto Parts (AAP) 0.7 $2.8M 20k 135.70
Bank of New York Mellon Corporation (BK) 0.7 $2.7M 51k 53.93
Ares Capital Corp conv 0.7 $2.7M 2.6k 1045.71
Nxp Semiconductors N V dbcv 1.000% 12/0 0.7 $2.7M 2.3k 1201.81
PNC Financial Services (PNC) 0.7 $2.7M 20k 135.10
Sempra Energy (SRE) 0.7 $2.7M 23k 116.11
Marathon Oil Corporation (MRO) 0.7 $2.7M 129k 20.86
Caterpillar (CAT) 0.7 $2.7M 20k 135.67
Analog Devices (ADI) 0.7 $2.7M 28k 95.92
Southern Company (SO) 0.7 $2.7M 58k 46.31
Andeavor 0.7 $2.7M 20k 131.18
Constellation Brands (STZ) 0.7 $2.6M 12k 218.87
Illumina Inc. 0.00% June 15, 2019 ccb 0.7 $2.6M 2.2k 1179.20
Starbucks Corporation (SBUX) 0.7 $2.6M 53k 48.85
Marathon Petroleum Corp (MPC) 0.7 $2.6M 37k 70.16
Sempra Energy convertible preferred security 0.7 $2.6M 25k 103.01
Foot Locker 0.7 $2.5M 48k 52.65
BB&T Corporation 0.7 $2.5M 51k 50.44
Marriott International (MAR) 0.6 $2.5M 20k 126.60
Macquarie Infrastructure conv 0.6 $2.5M 2.4k 1017.38
AFLAC Incorporated (AFL) 0.6 $2.5M 57k 43.02
Ca 0.6 $2.5M 69k 35.65
Baker Hughes A Ge Company (BKR) 0.6 $2.5M 74k 33.03
NRG Energy (NRG) 0.6 $2.4M 79k 30.70
Total System Services 0.6 $2.4M 29k 84.52
Republic Services (RSG) 0.6 $2.4M 36k 68.36
Nordstrom 0.6 $2.4M 47k 51.78
Church & Dwight (CHD) 0.6 $2.4M 46k 53.16
Mosaic (MOS) 0.6 $2.4M 87k 28.05
Assurant Inc convertible preferred security 0.6 $2.4M 22k 112.47
CMS Energy Corporation (CMS) 0.6 $2.4M 51k 47.28
M&T Bank Corporation (MTB) 0.6 $2.4M 14k 170.15
Via 0.6 $2.4M 79k 30.16
Regions Financial Corporation (RF) 0.6 $2.4M 135k 17.78
Eastman Chemical Company (EMN) 0.6 $2.4M 24k 99.96
Applied Materials (AMAT) 0.6 $2.4M 51k 46.19
Tpg Specialty Lending In conv 0.6 $2.4M 2.3k 1019.90
Willis Towers Watson (WTW) 0.6 $2.4M 16k 151.60
Hess Pfd p 0.6 $2.4M 32k 75.28
Hercules Capital Inc dbcv 4.375% 2/0 0.6 $2.4M 2.3k 1041.32
Consolidated Edison (ED) 0.6 $2.3M 30k 77.98
J.B. Hunt Transport Services (JBHT) 0.6 $2.3M 19k 121.55
Comerica Incorporated (CMA) 0.6 $2.4M 26k 90.92
Deere & Company (DE) 0.6 $2.3M 17k 139.80
Garmin (GRMN) 0.6 $2.3M 38k 61.00
Hannon Armstrong Sust Infr C note 4.125% 9/0 0.6 $2.3M 2.4k 991.08
Mattel (MAT) 0.6 $2.3M 141k 16.42
Halliburton Company (HAL) 0.6 $2.3M 51k 45.06
Zions Bancorporation (ZION) 0.6 $2.3M 44k 52.69
CenterPoint Energy (CNP) 0.6 $2.3M 83k 27.71
Ametek (AME) 0.6 $2.3M 32k 72.16
Key (KEY) 0.6 $2.3M 116k 19.54
Skyworks Solutions (SWKS) 0.6 $2.3M 24k 96.65
KLA-Tencor Corporation (KLAC) 0.6 $2.2M 22k 102.53
Johnson Controls International Plc equity (JCI) 0.6 $2.2M 66k 33.45
Csg Sys Intl Inc note 4.250% 3/1 0.6 $2.2M 2.1k 1078.82
Western Union Company (WU) 0.6 $2.2M 108k 20.33
Kansas City Southern 0.6 $2.2M 21k 105.96
Tcp Cap Corp note 5.250%12/1 0.6 $2.2M 2.1k 1028.90
Range Resources (RRC) 0.6 $2.2M 130k 16.73
Prudential Financial (PRU) 0.6 $2.1M 23k 93.51
A. O. Smith Corporation (AOS) 0.6 $2.1M 36k 59.15
People's United Financial 0.5 $2.1M 117k 18.09
AmerisourceBergen (COR) 0.5 $2.1M 25k 85.27
Citizens Financial (CFG) 0.5 $2.1M 55k 38.90
Xilinx 0.5 $2.1M 32k 65.26
Agilent Technologies Inc C ommon (A) 0.5 $2.1M 34k 61.84
Welltower Inc 6.50% pfd prepet 0.5 $2.1M 35k 60.26
Williams Companies (WMB) 0.5 $2.0M 76k 27.11
Fastenal Company (FAST) 0.5 $2.0M 42k 48.13
Packaging Corporation of America (PKG) 0.5 $2.0M 18k 111.79
At&t (T) 0.5 $2.0M 63k 32.11
Whirlpool Corporation (WHR) 0.5 $2.0M 14k 146.23
Campbell Soup Company (CPB) 0.5 $2.0M 49k 40.54
Micron Technology Inc conv 0.5 $2.0M 1.1k 1802.99
Ameriprise Financial (AMP) 0.5 $2.0M 14k 139.88
Sealed Air (SEE) 0.5 $2.0M 46k 42.45
Finisar Corp note 0.500%12/1 0.5 $2.0M 2.0k 991.22
H&R Block (HRB) 0.5 $1.9M 84k 22.78
Rpm International Inc convertible cor 0.5 $1.9M 1.6k 1208.80
Citrix Systems Inc conv 0.5 $1.9M 1.3k 1454.76
Interdigital Inc 1.5% 3/1/20 convertible bond 0.5 $1.9M 1.6k 1223.25
Pulte (PHM) 0.5 $1.9M 66k 28.75
Spirit Realty Capital Inc convertible cor 0.5 $1.9M 1.9k 1002.24
Jefferies Finl Group (JEF) 0.5 $1.9M 83k 22.74
Lennar Corporation (LEN) 0.5 $1.8M 35k 52.50
International Flavors & Fragrances (IFF) 0.5 $1.8M 15k 123.96
D.R. Horton (DHI) 0.5 $1.9M 45k 41.00
Alexandria Real Estate Equitie conv prf 0.5 $1.8M 52k 35.58
Bunge Limited 4.875% Cum. Cv. pfd cv 0.5 $1.8M 17k 108.19
Amg Capital Trust Ii convert (AATRL) 0.5 $1.8M 30k 59.42
Cardinal Health (CAH) 0.5 $1.7M 36k 48.83
South Jersey Inds Inc unit 99/99/9999 0.5 $1.8M 32k 54.83
Ares Capital Corp convertible security 0.4 $1.7M 1.6k 1038.21
Dentsply Sirona (XRAY) 0.4 $1.6M 36k 43.77
Unum (UNM) 0.4 $1.5M 41k 36.99
Stericycle, Inc. pfd cv 0.3 $1.4M 28k 49.07
Pentair cs (PNR) 0.3 $1.3M 32k 42.08
Starwood Property Trust Inc convertible security 0.3 $1.2M 1.2k 1024.86
Dycom Inds Inc Note 0.750% 9/1 bond 0.3 $1.0M 859.00 1165.16
Rti Intl Metals Inc note 1.625%10/1 0.2 $963k 952.00 1011.02
V.F. Corporation (VFC) 0.2 $939k 12k 81.52
Cisco Systems (CSCO) 0.2 $879k 20k 43.03
Six Flags Entertainment (SIX) 0.2 $809k 12k 70.05
Nvent Electric Plc Voting equities (NVT) 0.2 $796k 32k 25.10
Oneok (OKE) 0.2 $732k 11k 69.83
Industries N shs - a - (LYB) 0.2 $763k 6.9k 109.85
Pepsi (PEP) 0.2 $715k 6.6k 108.87
Ladder Capital Corp Class A (LADR) 0.2 $685k 44k 15.62
Broadcom (AVGO) 0.2 $689k 2.8k 242.64
Johnson & Johnson (JNJ) 0.2 $668k 5.5k 121.34
Pfizer (PFE) 0.2 $684k 19k 36.28
United Parcel Service (UPS) 0.2 $676k 6.4k 106.23
Rio Tinto (RIO) 0.2 $670k 12k 55.48
Ares Capital Corporation (ARCC) 0.2 $662k 40k 16.45
Wp Carey (WPC) 0.2 $683k 10k 66.35
Altria (MO) 0.2 $624k 11k 56.79
Bce (BCE) 0.1 $598k 15k 40.49
Ishares Tr fltg rate nt (FLOT) 0.1 $605k 12k 51.00
Spdr S&p 500 Etf (SPY) 0.1 $514k 1.9k 271.28
iShares MSCI France Index (EWQ) 0.1 $494k 16k 30.52
Ishares Inc msci india index (INDA) 0.1 $500k 15k 33.29
Ishares Tr 0-5yr invt gr cp (SLQD) 0.1 $493k 9.9k 49.63
iShares MSCI Hong Kong Index Fund (EWH) 0.1 $486k 20k 24.21
iShares Lehman MBS Bond Fund (MBB) 0.1 $470k 4.5k 104.18
Global X Fds glob x nor etf 0.1 $488k 34k 14.31
Ishr Msci Singapore (EWS) 0.1 $450k 19k 23.99
Ishares Inc etp (EWT) 0.1 $470k 13k 36.00
Nextera Energy (NEE) 0.1 $450k 2.7k 167.03
iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) 0.1 $435k 4.2k 103.70
Ishares Tr hdg msci germn (HEWG) 0.1 $445k 16k 27.76
Nabors Industries Ltd 6% pfd cnv sr a 0.1 $444k 9.7k 45.70
Boeing Company (BA) 0.1 $373k 1.1k 335.51
Crown Castle Intl (CCI) 0.1 $366k 3.4k 107.82
Dominion Resources (D) 0.1 $324k 4.7k 68.18
Kinder Morgan (KMI) 0.1 $314k 18k 17.67
Epr Pptys conv pfd 9% sr e (EPR.PE) 0.1 $321k 9.2k 34.92
Nustar Logistics Lp prf 0.1 $305k 12k 25.36
Morgan Stanley 6.875 Pfd Cal (MS.PF) 0.1 $304k 11k 27.38
Dlr 7 3/8 12/31/49 0.1 $311k 12k 26.04
Carlyle Group Lp 5.875 Non Cum Red Perp Pfd Units Series A equity 0.1 $306k 13k 23.52
iShares iBoxx $ High Yid Corp Bond (HYG) 0.1 $290k 3.4k 85.08
Citigroup Inc. 7.125% prd 0.1 $291k 11k 27.73
Bdc 6 3/4 07/15/19 conv prf 0.1 $269k 3.2k 84.25
iShares IBoxx $ Invest Grade Corp Bd (LQD) 0.1 $217k 1.9k 114.57
Eqt Midstream Partners 0.1 $238k 4.6k 51.59
75508b 20 3 Rayonier Advanced Matls Inc Pfd Cv Ser A rayonier advanced matls 0.1 $191k 1.6k 121.97
Financial Select Sector SPDR (XLF) 0.0 $136k 5.1k 26.59
iShares Lehman 1-3 Year Treas.Bond (SHY) 0.0 $110k 1.3k 83.37
Vanguard Short Term Corporate Bond ETF (VCSH) 0.0 $110k 1.4k 78.10
Ishares Tr conv bd etf (ICVT) 0.0 $118k 2.1k 57.71
Ishares U S Etf Tr int rt hdg c b (IGBH) 0.0 $119k 4.7k 25.62
Invesco Actively Managd Etf Ultra Shrt Dur etf/fixed income (GSY) 0.0 $112k 2.2k 50.25
Ishares Trust Barclays (GNMA) 0.0 $87k 1.8k 48.38
iShares Barclays TIPS Bond Fund (TIP) 0.0 $23k 200.00 112.87
Ishares U S Etf Tr it rt hdg hgyl (HYGH) 0.0 $58k 643.00 90.55