Palladium Partners,LLC dba Palladium Registered Investment Advisors

Palladium Partners as of June 30, 2014

Portfolio Holdings for Palladium Partners

Palladium Partners holds 250 positions in its portfolio as reported in the June 2014 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Vanguard Europe Pacific ETF (VEA) 4.1 $46M 1.1M 42.59
Exxon Mobil Corporation (XOM) 3.3 $37M 366k 100.68
WisdomTree Emerging Mkts Small Cp Div (DGS) 2.4 $26M 550k 47.98
Apple (AAPL) 2.2 $25M 268k 92.93
Chevron Corporation (CVX) 2.1 $24M 185k 130.55
General Electric Company 2.1 $24M 897k 26.28
Microsoft Corporation (MSFT) 2.0 $23M 546k 41.70
JPMorgan Chase & Co. (JPM) 2.0 $23M 395k 57.62
iShares S&P MidCap 400 Value Index (IJJ) 1.9 $22M 170k 126.92
International Business Machines (IBM) 1.9 $21M 115k 181.27
Johnson & Johnson (JNJ) 1.8 $20M 194k 104.62
iShares S&P 500 Index (IVV) 1.7 $19M 98k 197.00
Wells Fargo & Company (WFC) 1.7 $19M 355k 52.56
WisdomTree SmallCap Dividend Fund (DES) 1.6 $18M 252k 70.03
Home Depot (HD) 1.5 $17M 207k 80.96
Norfolk Southern (NSC) 1.4 $16M 157k 103.03
BP (BP) 1.4 $16M 304k 52.75
Wal-Mart Stores (WMT) 1.4 $16M 214k 75.07
Altria (MO) 1.4 $16M 377k 41.94
Oracle Corporation (ORCL) 1.4 $16M 390k 40.53
Pfizer (PFE) 1.4 $15M 511k 29.68
Amgen (AMGN) 1.3 $15M 124k 118.37
Discover Financial Services 1.2 $14M 224k 61.98
iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) 1.2 $14M 129k 105.68
Intel Corporation (INTC) 1.2 $13M 422k 30.90
At&t (T) 1.1 $13M 366k 35.36
Cisco Systems (CSCO) 1.1 $12M 474k 24.85
iShares Barclays Inter Crd Bd Fund ETF) (IGIB) 1.0 $11M 100k 110.19
CIGNA Corporation 1.0 $11M 118k 91.97
Powershares Senior Loan Portfo mf 1.0 $11M 438k 24.87
Kroger (KR) 0.9 $11M 215k 49.43
Eastman Chemical Company (EMN) 0.9 $10M 118k 87.35
Aetna 0.9 $10M 126k 81.08
Toyota Motor Corporation (TM) 0.9 $10M 85k 119.66
Coca-Cola Company (KO) 0.9 $10M 238k 42.36
iShares MSCI EAFE Index Fund (EFA) 0.9 $9.9M 145k 68.37
Eli Lilly & Co. (LLY) 0.8 $9.6M 154k 62.17
Alliant Energy Corporation (LNT) 0.8 $9.5M 156k 60.86
Archer Daniels Midland Company (ADM) 0.8 $9.2M 209k 44.11
L-3 Communications Holdings 0.8 $9.0M 75k 120.75
Portfolio Recovery Associates 0.8 $8.9M 149k 59.53
Via 0.8 $8.8M 102k 86.73
Procter & Gamble Company (PG) 0.8 $8.6M 109k 78.59
MetLife (MET) 0.8 $8.4M 152k 55.56
Ensco Plc Shs Class A 0.7 $8.2M 148k 55.57
Directv 0.7 $7.7M 91k 85.01
Canadian Natl Ry (CNI) 0.7 $7.7M 118k 65.02
Industries N shs - a - (LYB) 0.7 $7.6M 78k 97.64
Deere & Company (DE) 0.7 $7.5M 83k 90.55
Avnet (AVT) 0.7 $7.4M 166k 44.31
Pepsi (PEP) 0.6 $7.2M 80k 89.34
Walt Disney Company (DIS) 0.6 $7.1M 83k 85.74
Skyworks Solutions (SWKS) 0.6 $7.0M 150k 46.96
iShares S&P 500 Value Index (IVE) 0.6 $6.9M 77k 90.28
iShares MSCI Emerging Markets Indx (EEM) 0.6 $6.6M 153k 43.23
Verizon Communications (VZ) 0.6 $6.6M 136k 48.93
Merck & Co (MRK) 0.6 $6.6M 114k 57.85
Travelers Companies (TRV) 0.6 $6.5M 69k 94.06
Google 0.6 $6.3M 11k 584.67
iShares Lehman Aggregate Bond (AGG) 0.6 $6.2M 57k 109.40
Berkshire Hathaway (BRK.B) 0.5 $5.9M 46k 126.57
United Technologies Corporation 0.5 $5.8M 51k 115.46
Dominion Resources (D) 0.5 $5.8M 81k 71.52
WellPoint 0.5 $5.4M 50k 107.61
Eaton (ETN) 0.5 $5.4M 70k 77.18
Caterpillar (CAT) 0.5 $5.3M 49k 108.66
Marathon Oil Corporation (MRO) 0.5 $5.3M 133k 39.92
Vanguard Dividend Appreciation ETF (VIG) 0.5 $5.1M 66k 77.95
Udr (UDR) 0.5 $5.1M 176k 28.63
Valero Energy Corporation (VLO) 0.4 $4.9M 98k 50.10
Qualcomm (QCOM) 0.4 $4.9M 62k 79.20
Lincoln National Corporation (LNC) 0.4 $4.8M 94k 51.44
Automatic Data Processing (ADP) 0.4 $4.9M 61k 79.28
Cummins (CMI) 0.4 $4.6M 30k 154.29
ConocoPhillips (COP) 0.4 $4.6M 53k 85.73
BB&T Corporation 0.4 $4.5M 114k 39.43
Marathon Petroleum Corp (MPC) 0.4 $4.5M 57k 78.08
Ace Limited Cmn 0.4 $4.3M 42k 103.71
Bank of America Corporation (BAC) 0.4 $4.4M 284k 15.37
McDonald's Corporation (MCD) 0.4 $4.1M 40k 100.74
AFLAC Incorporated (AFL) 0.4 $4.0M 65k 62.25
BT 0.4 $4.0M 61k 65.62
Bristol Myers Squibb (BMY) 0.3 $3.9M 80k 48.51
CSX Corporation (CSX) 0.3 $3.7M 120k 30.81
Kinder Morgan Energy Partners 0.3 $3.7M 45k 82.21
Corning Incorporated (GLW) 0.3 $3.5M 159k 21.95
Schlumberger (SLB) 0.3 $3.5M 30k 117.94
Emerson Electric (EMR) 0.3 $3.3M 49k 66.36
iShares S&P 500 Growth Index (IVW) 0.3 $3.2M 31k 105.20
Mondelez Int (MDLZ) 0.3 $3.3M 87k 37.61
Abbvie (ABBV) 0.3 $3.1M 55k 56.44
PNC Financial Services (PNC) 0.3 $3.0M 34k 89.05
Union Pacific Corporation (UNP) 0.3 $2.9M 29k 99.76
E.I. du Pont de Nemours & Company 0.3 $2.9M 44k 65.44
General Dynamics Corporation (GD) 0.3 $2.9M 25k 116.55
Alerian Mlp Etf 0.3 $2.9M 154k 19.00
Genuine Parts Company (GPC) 0.2 $2.8M 32k 87.81
iShares iBoxx $ High Yid Corp Bond (HYG) 0.2 $2.8M 29k 95.22
Comcast Corporation (CMCSA) 0.2 $2.7M 50k 53.69
Twenty-first Century Fox 0.2 $2.7M 78k 35.15
PPL Corporation (PPL) 0.2 $2.6M 73k 35.53
iShares Dow Jones Select Dividend (DVY) 0.2 $2.6M 34k 76.98
Fox News 0.2 $2.6M 76k 34.23
Abbott Laboratories (ABT) 0.2 $2.4M 58k 40.90
iShares S&P SmallCap 600 Value Idx (IJS) 0.2 $2.3M 20k 115.43
PPG Industries (PPG) 0.2 $2.2M 11k 210.14
Philip Morris International (PM) 0.2 $2.3M 27k 84.30
CF Industries Holdings (CF) 0.2 $2.3M 9.4k 240.48
Consolidated Edison (ED) 0.2 $2.1M 37k 57.75
Royal Dutch Shell 0.2 $2.2M 27k 82.36
Markel Corporation (MKL) 0.2 $2.2M 3.3k 655.71
Linn Energy 0.2 $2.1M 64k 32.35
iShares Barclays TIPS Bond Fund (TIP) 0.2 $2.2M 19k 115.36
Phillips 66 (PSX) 0.2 $2.2M 27k 80.45
Whirlpool Corporation (WHR) 0.2 $2.0M 14k 139.24
Dollar Tree (DLTR) 0.2 $2.0M 38k 54.45
Seagate Technology Com Stk 0.2 $2.0M 36k 56.82
Community Health Systems (CYH) 0.2 $2.1M 45k 45.38
Kraft Foods 0.2 $2.0M 33k 59.94
V.F. Corporation (VFC) 0.2 $1.9M 31k 63.01
Xerox Corporation 0.2 $2.0M 157k 12.44
iShares Gold Trust 0.2 $1.9M 149k 12.88
iShares S&P Natl AMTFr Mncpl Bd (MUB) 0.2 $1.9M 18k 108.66
Sigma-Aldrich Corporation 0.2 $1.8M 17k 101.49
iShares S&P MidCap 400 Index (IJH) 0.2 $1.8M 13k 143.06
iShares Cohen & Steers Realty Maj. (ICF) 0.2 $1.8M 20k 87.34
Duke Energy (DUK) 0.2 $1.8M 24k 74.17
Liberty Media 0.2 $1.8M 13k 136.65
Goldman Sachs (GS) 0.1 $1.7M 10k 167.43
Suntrust Banks Inc $1.00 Par Cmn 0.1 $1.7M 42k 40.06
Total 0.1 $1.6M 23k 72.18
Alaska Air (ALK) 0.1 $1.7M 18k 95.05
iShares Lehman 1-3 Year Treas.Bond (SHY) 0.1 $1.6M 19k 84.58
SPDR S&P Emerging Markets Small Cap (EWX) 0.1 $1.7M 33k 50.32
3M Company (MMM) 0.1 $1.5M 11k 143.26
Kimberly-Clark Corporation (KMB) 0.1 $1.5M 14k 111.21
Walgreen Company 0.1 $1.4M 20k 74.14
Xcel Energy (XEL) 0.1 $1.4M 45k 32.24
Vanguard Emerging Markets ETF (VWO) 0.1 $1.5M 35k 43.13
Western Digital (WDC) 0.1 $1.4M 15k 92.33
Berkshire Hathaway (BRK.A) 0.1 $1.3M 7.00 190000.00
Colgate-Palmolive Company (CL) 0.1 $1.3M 20k 68.16
Liberty Media 0.1 $1.4M 48k 29.37
Express Scripts Holding 0.1 $1.4M 20k 69.34
Ecolab (ECL) 0.1 $1.2M 11k 111.38
Becton, Dickinson and (BDX) 0.1 $1.3M 11k 118.27
Lockheed Martin Corporation (LMT) 0.1 $1.3M 7.9k 160.68
Honeywell International (HON) 0.1 $1.3M 14k 92.95
Energy Transfer Partners 0.1 $1.2M 21k 57.96
General Motors Company (GM) 0.1 $1.2M 34k 36.31
Google Inc Class C 0.1 $1.2M 2.2k 575.12
U.S. Bancorp (USB) 0.1 $1.1M 26k 43.34
AmerisourceBergen (COR) 0.1 $1.1M 15k 72.64
Anadarko Petroleum Corporation 0.1 $1.2M 11k 109.48
Nextera Energy (NEE) 0.1 $1.2M 11k 102.51
Southern Company (SO) 0.1 $1.2M 26k 45.37
Washington Real Estate Investment Trust (ELME) 0.1 $1.1M 42k 25.99
W.R. Grace & Co. 0.1 $1.1M 12k 94.52
iShares MSCI EAFE Growth Index (EFG) 0.1 $1.1M 15k 72.46
Liberty Global Inc C 0.1 $1.1M 27k 42.31
Dow Chemical Company 0.1 $1.0M 20k 51.47
Medtronic 0.1 $1.0M 16k 63.73
iShares MSCI EAFE Value Index (EFV) 0.1 $1.0M 18k 58.57
Xylem (XYL) 0.1 $960k 25k 39.07
Northrop Grumman Corporation (NOC) 0.1 $861k 7.2k 119.59
Johnson Controls 0.1 $870k 17k 49.94
Discovery Communications 0.1 $858k 12k 74.29
Plains All American Pipeline (PAA) 0.1 $920k 15k 60.03
Itt 0.1 $903k 19k 48.11
Reinsurance Group of America (RGA) 0.1 $781k 9.9k 78.93
Raytheon Company 0.1 $819k 8.9k 92.20
Kellogg Company (K) 0.1 $785k 12k 65.78
Discovery Communications 0.1 $838k 12k 72.55
Sempra Energy (SRE) 0.1 $741k 7.1k 104.68
SPDR Gold Trust (GLD) 0.1 $808k 6.3k 128.03
TowneBank (TOWN) 0.1 $837k 53k 15.70
State Street Corporation (STT) 0.1 $727k 11k 67.25
Spdr S&p 500 Etf (SPY) 0.1 $646k 3.3k 195.76
Illinois Tool Works (ITW) 0.1 $673k 7.7k 87.52
PowerShares Water Resources 0.1 $667k 25k 26.59
iShares Brclys Intrdte Gov/Crt Bd (GVI) 0.1 $709k 6.4k 110.95
Libertyinteractivecorp lbtventcoma 0.1 $668k 9.1k 73.76
Hartford Financial Services (HIG) 0.1 $615k 17k 35.81
DaVita (DVA) 0.1 $586k 8.1k 72.31
American Electric Power Company (AEP) 0.1 $602k 11k 55.74
Gilead Sciences (GILD) 0.1 $608k 7.3k 82.89
EMC Corporation 0.1 $570k 22k 26.32
United Bankshares (UBSI) 0.1 $528k 16k 32.35
Rayonier (RYN) 0.1 $583k 16k 35.55
Starz - Liberty Capital 0.1 $524k 18k 29.81
Liberty Global Inc Com Ser A 0.1 $513k 12k 44.22
Teva Pharmaceutical Industries (TEVA) 0.0 $401k 7.7k 52.42
Apache Corporation 0.0 $440k 4.4k 100.66
Kohl's Corporation (KSS) 0.0 $443k 8.4k 52.69
Brown-Forman Corporation (BF.B) 0.0 $432k 4.6k 94.18
Thermo Fisher Scientific (TMO) 0.0 $419k 3.6k 118.03
Yum! Brands (YUM) 0.0 $506k 6.2k 81.15
Capital One Financial (COF) 0.0 $449k 5.4k 82.69
GlaxoSmithKline 0.0 $417k 7.8k 53.42
Entergy Corporation (ETR) 0.0 $397k 4.8k 82.03
Enterprise Products Partners (EPD) 0.0 $414k 5.3k 78.28
iShares Russell 1000 Index (IWB) 0.0 $397k 3.6k 110.09
SCANA Corporation 0.0 $502k 9.3k 53.83
iShares Russell 1000 Growth Index (IWF) 0.0 $482k 5.3k 90.84
First Citizens BancShares (FCNCA) 0.0 $380k 1.6k 245.16
American Express Company (AXP) 0.0 $299k 3.2k 94.92
Costco Wholesale Corporation (COST) 0.0 $289k 2.5k 115.23
Monsanto Company 0.0 $333k 2.7k 124.63
Baxter International (BAX) 0.0 $282k 3.9k 72.23
International Game Technology 0.0 $372k 23k 15.90
Boeing Company (BA) 0.0 $362k 2.8k 127.30
CVS Caremark Corporation (CVS) 0.0 $326k 4.3k 75.27
Nike (NKE) 0.0 $295k 3.8k 77.67
Parker-Hannifin Corporation (PH) 0.0 $382k 3.0k 125.74
Dr Pepper Snapple 0.0 $307k 5.2k 58.64
Public Service Enterprise (PEG) 0.0 $388k 9.5k 40.82
Steel Dynamics (STLD) 0.0 $337k 19k 17.97
Rbc Cad (RY) 0.0 $348k 4.9k 71.37
iShares S&P GSCI Commodity-Indexed (GSG) 0.0 $385k 11k 33.92
Coca-cola Enterprises 0.0 $392k 8.2k 47.80
SPDR Nvn Barclys Cptl Shrt Trm Mncpl Bnd 0.0 $319k 13k 24.31
Exelis 0.0 $334k 20k 16.96
Huntington Bancshares Incorporated (HBAN) 0.0 $219k 23k 9.54
Waste Management (WM) 0.0 $252k 5.6k 44.82
United Parcel Service (UPS) 0.0 $254k 2.5k 102.63
Spectra Energy 0.0 $225k 5.3k 42.51
SYSCO Corporation (SYY) 0.0 $266k 7.1k 37.38
W.W. Grainger (GWW) 0.0 $201k 790.00 254.43
Harris Corporation 0.0 $274k 3.6k 75.75
International Paper Company (IP) 0.0 $233k 4.6k 50.47
Halliburton Company (HAL) 0.0 $224k 3.2k 71.11
Royal Dutch Shell 0.0 $263k 3.0k 87.09
Target Corporation (TGT) 0.0 $262k 4.5k 57.96
Wisconsin Energy Corporation 0.0 $228k 4.9k 47.00
iShares Russell 1000 Value Index (IWD) 0.0 $235k 2.3k 101.47
Clorox Company (CLX) 0.0 $208k 2.3k 91.43
Tupperware Brands Corporation 0.0 $244k 2.9k 83.85
Yahoo! 0.0 $211k 6.0k 35.18
Illumina (ILMN) 0.0 $214k 1.2k 178.33
Fulton Financial (FULT) 0.0 $227k 18k 12.40
Oge Energy Corp (OGE) 0.0 $215k 5.5k 39.16
Magellan Midstream Partners 0.0 $216k 2.6k 84.21
WSFS Financial Corporation (WSFS) 0.0 $259k 3.5k 73.60
Templeton Dragon Fund (TDF) 0.0 $255k 9.9k 25.82
Charles & Colvard 0.0 $192k 87k 2.20
iShares Dow Jones US Energy Sector (IYE) 0.0 $204k 3.6k 56.67
iShares MSCI ACWI ex US Index Fund (ACWX) 0.0 $237k 4.9k 48.05
Mrc Global Inc cmn (MRC) 0.0 $250k 8.8k 28.29
Vodafone Group New Adr F (VOD) 0.0 $214k 6.4k 33.46
SIGA Technologies (SIGA) 0.0 $34k 12k 2.83