Palladium Partners,LLC dba Palladium Registered Investment Advisors

Palladium Partners as of Sept. 30, 2014

Portfolio Holdings for Palladium Partners

Palladium Partners holds 251 positions in its portfolio as reported in the September 2014 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Vanguard Europe Pacific ETF (VEA) 4.0 $44M 1.1M 39.75
Exxon Mobil Corporation (XOM) 2.6 $30M 313k 94.05
Apple (AAPL) 2.6 $29M 286k 100.75
WisdomTree Emerging Mkts Small Cp Div (DGS) 2.3 $26M 560k 46.22
JPMorgan Chase & Co. (JPM) 2.1 $24M 396k 60.24
General Electric Company 2.0 $23M 892k 25.62
International Business Machines (IBM) 2.0 $23M 119k 189.83
Chevron Corporation (CVX) 2.0 $22M 184k 119.32
iShares S&P MidCap 400 Value Index (IJJ) 1.9 $21M 172k 120.31
Johnson & Johnson (JNJ) 1.8 $20M 185k 106.59
iShares S&P 500 Index (IVV) 1.8 $20M 100k 198.26
Wells Fargo & Company (WFC) 1.7 $19M 366k 51.87
Home Depot (HD) 1.7 $19M 205k 91.74
Norfolk Southern (NSC) 1.6 $17M 155k 111.60
Amgen (AMGN) 1.6 $17M 123k 140.46
Altria (MO) 1.5 $17M 372k 45.94
Microsoft Corporation (MSFT) 1.5 $17M 362k 46.36
WisdomTree SmallCap Dividend Fund (DES) 1.5 $16M 252k 64.94
Wal-Mart Stores (WMT) 1.4 $16M 210k 76.47
Pfizer (PFE) 1.4 $15M 516k 29.57
Oracle Corporation (ORCL) 1.3 $15M 389k 38.28
Intel Corporation (INTC) 1.3 $15M 419k 34.82
Discover Financial Services 1.3 $14M 219k 64.39
iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) 1.2 $14M 131k 105.28
BP (BP) 1.2 $13M 301k 43.95
At&t (T) 1.2 $13M 372k 35.24
Cisco Systems (CSCO) 1.1 $12M 484k 25.17
Kroger (KR) 1.0 $11M 219k 52.00
iShares Barclays Inter Crd Bd Fund ETF) (IGIB) 1.0 $11M 101k 109.31
Archer Daniels Midland Company (ADM) 0.9 $11M 207k 51.10
Powershares Senior Loan Portfo mf 0.9 $10M 430k 24.28
Aetna 0.9 $10M 128k 81.00
CIGNA Corporation 0.9 $10M 115k 90.69
Toyota Motor Corporation (TM) 0.9 $10M 88k 117.53
Eastman Chemical Company (EMN) 0.9 $10M 127k 80.89
Eli Lilly & Co. (LLY) 0.9 $9.9M 153k 64.85
Coca-Cola Company (KO) 0.9 $9.7M 229k 42.66
iShares MSCI EAFE Index Fund (EFA) 0.8 $9.1M 142k 64.12
Procter & Gamble Company (PG) 0.8 $9.0M 107k 83.74
L-3 Communications Holdings 0.8 $8.9M 75k 118.92
Skyworks Solutions (SWKS) 0.8 $8.6M 148k 58.05
Industries N shs - a - (LYB) 0.8 $8.6M 79k 108.66
Alliant Energy Corporation (LNT) 0.8 $8.4M 152k 55.41
Canadian Natl Ry (CNI) 0.7 $8.3M 117k 70.96
MetLife (MET) 0.7 $8.1M 151k 53.72
Portfolio Recovery Associates 0.7 $8.1M 155k 52.23
Via 0.7 $7.9M 103k 76.94
Southwest Airlines (LUV) 0.7 $7.9M 234k 33.77
Directv 0.7 $7.9M 91k 86.52
Google 0.7 $7.8M 13k 588.44
Walt Disney Company (DIS) 0.7 $7.2M 81k 89.02
iShares S&P 500 Value Index (IVE) 0.7 $7.2M 80k 90.07
Deere & Company (DE) 0.6 $7.0M 86k 81.99
Pepsi (PEP) 0.6 $7.1M 76k 93.09
Avnet (AVT) 0.6 $7.0M 168k 41.50
Verizon Communications (VZ) 0.6 $6.8M 135k 49.99
Merck & Co (MRK) 0.6 $6.7M 113k 59.28
Travelers Companies (TRV) 0.6 $6.4M 68k 93.94
iShares MSCI Emerging Markets Indx (EEM) 0.6 $6.2M 149k 41.56
Berkshire Hathaway (BRK.B) 0.6 $6.3M 45k 138.15
iShares Lehman Aggregate Bond (AGG) 0.5 $6.1M 56k 109.12
WellPoint 0.5 $5.9M 49k 119.61
Lincoln National Corporation (LNC) 0.5 $5.7M 107k 53.58
Dominion Resources (D) 0.5 $5.6M 80k 69.09
United Technologies Corporation 0.5 $5.3M 50k 105.60
Marathon Oil Corporation (MRO) 0.5 $5.0M 132k 37.59
Vanguard Dividend Appreciation ETF (VIG) 0.5 $5.1M 66k 76.95
Bank of America Corporation (BAC) 0.4 $4.8M 280k 17.05
Caterpillar (CAT) 0.4 $4.7M 48k 99.03
Devon Energy Corporation (DVN) 0.4 $4.8M 70k 68.18
Valero Energy Corporation (VLO) 0.4 $4.8M 104k 46.27
Marathon Petroleum Corp (MPC) 0.4 $4.8M 57k 84.66
Qualcomm (QCOM) 0.4 $4.7M 63k 74.78
Ace Limited Cmn 0.4 $4.3M 41k 104.88
Automatic Data Processing (ADP) 0.4 $4.4M 53k 83.08
BB&T Corporation 0.4 $4.2M 113k 37.21
CSX Corporation (CSX) 0.4 $4.1M 129k 32.06
ConocoPhillips (COP) 0.4 $4.1M 54k 76.52
Kinder Morgan Energy Partners 0.4 $4.1M 45k 93.29
Udr (UDR) 0.4 $4.1M 151k 27.25
Eaton (ETN) 0.4 $4.0M 64k 63.38
Cummins (CMI) 0.3 $3.8M 29k 131.98
McDonald's Corporation (MCD) 0.3 $3.7M 39k 94.80
BT 0.3 $3.7M 60k 61.49
Ensco Plc Shs Class A 0.3 $3.6M 87k 41.31
Bristol Myers Squibb (BMY) 0.3 $3.5M 69k 51.18
Union Pacific Corporation (UNP) 0.3 $3.3M 30k 108.41
AFLAC Incorporated (AFL) 0.3 $3.2M 55k 58.25
Abbvie (ABBV) 0.3 $3.2M 56k 57.75
General Dynamics Corporation (GD) 0.3 $3.1M 24k 127.08
iShares S&P 500 Growth Index (IVW) 0.3 $3.1M 29k 106.81
Corning Incorporated (GLW) 0.3 $3.0M 155k 19.34
E.I. du Pont de Nemours & Company 0.3 $3.0M 42k 71.76
Emerson Electric (EMR) 0.3 $3.0M 48k 62.58
Schlumberger (SLB) 0.3 $3.0M 30k 101.68
PNC Financial Services (PNC) 0.3 $2.9M 34k 85.59
Alerian Mlp Etf 0.3 $2.9M 154k 19.17
Community Health Systems (CYH) 0.2 $2.8M 51k 54.80
iShares iBoxx $ High Yid Corp Bond (HYG) 0.2 $2.8M 31k 91.95
Comcast Corporation (CMCSA) 0.2 $2.7M 50k 53.77
Genuine Parts Company (GPC) 0.2 $2.6M 29k 87.70
CF Industries Holdings (CF) 0.2 $2.6M 9.3k 279.24
Mondelez Int (MDLZ) 0.2 $2.6M 75k 34.26
Twenty-first Century Fox 0.2 $2.6M 75k 34.29
Abbott Laboratories (ABT) 0.2 $2.4M 58k 41.59
iShares Dow Jones Select Dividend (DVY) 0.2 $2.4M 33k 73.87
Fox News 0.2 $2.5M 74k 33.31
Sigma-Aldrich Corporation 0.2 $2.3M 17k 136.03
PPL Corporation (PPL) 0.2 $2.3M 70k 32.84
iShares Barclays TIPS Bond Fund (TIP) 0.2 $2.3M 21k 112.05
Whirlpool Corporation (WHR) 0.2 $2.2M 15k 145.65
Phillips 66 (PSX) 0.2 $2.2M 27k 81.32
Philip Morris International (PM) 0.2 $2.1M 26k 83.40
Dollar Tree (DLTR) 0.2 $2.1M 37k 56.07
iShares S&P SmallCap 600 Value Idx (IJS) 0.2 $2.1M 20k 107.32
Goldman Sachs (GS) 0.2 $2.0M 11k 183.61
Consolidated Edison (ED) 0.2 $2.0M 35k 56.66
PPG Industries (PPG) 0.2 $2.1M 11k 196.76
Royal Dutch Shell 0.2 $2.0M 27k 76.13
Markel Corporation (MKL) 0.2 $2.0M 3.2k 636.25
Seagate Technology Com Stk 0.2 $2.0M 35k 57.26
V.F. Corporation (VFC) 0.2 $2.0M 30k 66.05
Linn Energy 0.2 $1.9M 64k 30.14
iShares S&P Natl AMTFr Mncpl Bd (MUB) 0.2 $1.9M 18k 109.68
Kraft Foods 0.2 $1.9M 33k 56.40
Xerox Corporation 0.2 $1.8M 136k 13.23
iShares Lehman 1-3 Year Treas.Bond (SHY) 0.2 $1.8M 21k 84.49
iShares Gold Trust 0.1 $1.7M 143k 11.70
iShares S&P MidCap 400 Index (IJH) 0.1 $1.7M 13k 136.78
iShares Cohen & Steers Realty Maj. (ICF) 0.1 $1.7M 20k 84.45
Duke Energy (DUK) 0.1 $1.7M 23k 74.76
Suntrust Banks Inc $1.00 Par Cmn 0.1 $1.4M 37k 38.03
3M Company (MMM) 0.1 $1.5M 10k 141.71
Kimberly-Clark Corporation (KMB) 0.1 $1.4M 13k 107.60
Western Digital (WDC) 0.1 $1.4M 15k 97.36
Berkshire Hathaway (BRK.A) 0.1 $1.4M 7.00 207000.00
Total 0.1 $1.5M 23k 64.47
Alaska Air (ALK) 0.1 $1.5M 34k 43.54
Vanguard Emerging Markets ETF (VWO) 0.1 $1.4M 35k 41.72
SPDR S&P Emerging Markets Small Cap (EWX) 0.1 $1.5M 30k 47.97
Express Scripts Holding 0.1 $1.4M 20k 70.64
Lockheed Martin Corporation (LMT) 0.1 $1.4M 7.6k 182.77
Honeywell International (HON) 0.1 $1.3M 14k 93.13
Liberty Media 0.1 $1.4M 48k 28.52
Kellogg Company (K) 0.1 $1.3M 21k 61.61
Discovery Communications 0.1 $1.3M 35k 37.29
Xcel Energy (XEL) 0.1 $1.4M 45k 30.41
Energy Transfer Partners 0.1 $1.4M 21k 63.99
Google Inc Class C 0.1 $1.4M 2.4k 577.32
Ecolab (ECL) 0.1 $1.3M 11k 114.87
Becton, Dickinson and (BDX) 0.1 $1.2M 11k 113.78
Colgate-Palmolive Company (CL) 0.1 $1.2M 19k 65.22
Southern Company (SO) 0.1 $1.3M 29k 43.65
Liberty Media Corp Del Com Ser C 0.1 $1.2M 26k 47.00
AmerisourceBergen (COR) 0.1 $1.1M 15k 77.32
Anadarko Petroleum Corporation 0.1 $1.1M 11k 101.41
Liberty Global Inc C 0.1 $1.1M 27k 41.03
U.S. Bancorp (USB) 0.1 $1.0M 25k 41.81
Dow Chemical Company 0.1 $1.0M 20k 52.46
Johnson Controls 0.1 $976k 22k 44.01
Nextera Energy (NEE) 0.1 $1.0M 11k 93.84
Washington Real Estate Investment Trust (ELME) 0.1 $1.0M 41k 25.37
W.R. Grace & Co. 0.1 $1.0M 12k 90.96
iShares MSCI EAFE Value Index (EFV) 0.1 $949k 17k 54.70
iShares MSCI EAFE Growth Index (EFG) 0.1 $1.0M 15k 68.10
Northrop Grumman Corporation (NOC) 0.1 $948k 7.2k 131.71
Medtronic 0.1 $943k 15k 61.97
Raytheon Company 0.1 $904k 8.9k 101.63
Plains All American Pipeline (PAA) 0.1 $888k 15k 58.87
General Motors Company (GM) 0.1 $896k 28k 31.93
Itt 0.1 $839k 19k 44.96
Xylem (XYL) 0.1 $860k 24k 35.51
Gilead Sciences (GILD) 0.1 $768k 7.2k 106.44
Sempra Energy (SRE) 0.1 $741k 7.0k 105.42
SPDR Gold Trust (GLD) 0.1 $733k 6.3k 116.15
TowneBank (TOWN) 0.1 $752k 55k 13.58
iShares Brclys Intrdte Gov/Crt Bd (GVI) 0.1 $767k 7.0k 110.20
Hartford Financial Services (HIG) 0.1 $628k 17k 37.23
State Street Corporation (STT) 0.1 $710k 9.6k 73.61
Reinsurance Group of America (RGA) 0.1 $670k 8.4k 80.14
Illinois Tool Works (ITW) 0.1 $645k 7.6k 84.42
Liberty Media 0.1 $620k 13k 47.15
Spdr S&p 500 Etf (SPY) 0.1 $599k 3.0k 196.97
DaVita (DVA) 0.1 $593k 8.1k 73.17
Walgreen Company 0.1 $579k 9.8k 59.24
American Electric Power Company (AEP) 0.1 $523k 10k 52.19
EMC Corporation 0.1 $601k 21k 29.24
United Bankshares (UBSI) 0.1 $505k 16k 30.94
Rayonier (RYN) 0.1 $511k 16k 31.16
PowerShares Water Resources 0.1 $584k 24k 24.62
Starz - Liberty Capital 0.1 $581k 18k 33.05
Teva Pharmaceutical Industries (TEVA) 0.0 $403k 7.5k 53.73
Apache Corporation 0.0 $414k 4.4k 93.77
International Game Technology 0.0 $395k 23k 16.89
Thermo Fisher Scientific (TMO) 0.0 $433k 3.6k 121.70
Yum! Brands (YUM) 0.0 $427k 5.9k 71.95
Capital One Financial (COF) 0.0 $443k 5.4k 81.58
Discovery Communications 0.0 $437k 12k 37.84
Enterprise Products Partners (EPD) 0.0 $470k 12k 40.26
Steel Dynamics (STLD) 0.0 $418k 19k 22.59
iShares Russell 1000 Index (IWB) 0.0 $396k 3.6k 109.82
SCANA Corporation 0.0 $456k 9.2k 49.57
iShares Russell 1000 Growth Index (IWF) 0.0 $486k 5.3k 91.59
Liberty Global Inc Com Ser A 0.0 $493k 12k 42.50
First Citizens BancShares (FCNCA) 0.0 $336k 1.6k 216.77
Costco Wholesale Corporation (COST) 0.0 $312k 2.5k 125.45
Monsanto Company 0.0 $301k 2.7k 112.36
Brown-Forman Corporation (BF.B) 0.0 $382k 4.2k 90.16
Boeing Company (BA) 0.0 $362k 2.8k 127.30
CVS Caremark Corporation (CVS) 0.0 $351k 4.4k 79.61
GlaxoSmithKline 0.0 $354k 7.7k 46.00
Nike (NKE) 0.0 $339k 3.8k 89.26
Parker-Hannifin Corporation (PH) 0.0 $339k 3.0k 114.26
New York Community Ban 0.0 $309k 20k 15.85
Public Service Enterprise (PEG) 0.0 $327k 8.8k 37.20
Entergy Corporation (ETR) 0.0 $352k 4.5k 77.43
Rbc Cad (RY) 0.0 $343k 4.8k 71.44
iShares S&P GSCI Commodity-Indexed (GSG) 0.0 $299k 10k 29.60
Coca-cola Enterprises 0.0 $346k 7.8k 44.36
SPDR Nvn Barclys Cptl Shrt Trm Mncpl Bnd 0.0 $320k 13k 24.39
Exelis 0.0 $326k 20k 16.55
Libertyinteractivecorp lbtventcoma 0.0 $344k 9.1k 37.99
Liberty Tripadvisor Hldgs (LTRPA) 0.0 $307k 9.1k 33.90
Huntington Bancshares Incorporated (HBAN) 0.0 $223k 23k 9.71
American Express Company (AXP) 0.0 $274k 3.1k 87.54
Waste Management (WM) 0.0 $269k 5.7k 47.47
Baxter International (BAX) 0.0 $234k 3.3k 71.91
SYSCO Corporation (SYY) 0.0 $275k 7.2k 38.01
International Paper Company (IP) 0.0 $240k 5.0k 47.75
Novartis (NVS) 0.0 $213k 2.3k 94.12
Halliburton Company (HAL) 0.0 $208k 3.2k 64.52
Royal Dutch Shell 0.0 $223k 2.8k 79.08
Wisconsin Energy Corporation 0.0 $209k 4.9k 43.08
iShares Russell 1000 Value Index (IWD) 0.0 $232k 2.3k 100.17
Clorox Company (CLX) 0.0 $226k 2.4k 96.17
Dr Pepper Snapple 0.0 $215k 3.4k 64.18
Capital Product 0.0 $200k 20k 10.00
Fulton Financial (FULT) 0.0 $203k 18k 11.09
Realty Income (O) 0.0 $233k 5.7k 40.88
Magellan Midstream Partners 0.0 $216k 2.6k 84.21
WSFS Financial Corporation (WSFS) 0.0 $252k 3.5k 71.61
Templeton Dragon Fund (TDF) 0.0 $251k 9.8k 25.73
iShares MSCI ACWI ex US Index Fund (ACWX) 0.0 $224k 4.9k 45.42
Monarch Financial Holdings 0.0 $243k 19k 12.57
Dreyfus High Yield Strategies Fund 0.0 $272k 73k 3.71
Mrc Global Inc cmn (MRC) 0.0 $206k 8.8k 23.31
Charles & Colvard 0.0 $111k 52k 2.12
Liberty All-Star Growth Fund (ASG) 0.0 $153k 30k 5.10
America First Tax Exempt Investors 0.0 $122k 20k 5.98
Ntelos Holdings 0.0 $138k 13k 10.62
SIGA Technologies (SIGA) 0.0 $17k 12k 1.42