Salem Capital Management

Salem Capital Management as of March 31, 2013

Portfolio Holdings for Salem Capital Management

Salem Capital Management holds 73 positions in its portfolio as reported in the March 2013 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
CVS Caremark Corporation (CVS) 4.1 $8.6M 157k 54.99
Unilever (UL) 3.9 $8.2M 195k 42.24
Honeywell International (HON) 3.5 $7.4M 98k 75.35
Johnson & Johnson (JNJ) 3.5 $7.3M 90k 81.53
Weyerhaeuser Company (WY) 3.5 $7.3M 232k 31.38
Novartis (NVS) 3.3 $7.0M 98k 71.24
Procter & Gamble Company (PG) 3.3 $7.0M 90k 77.06
General Electric Company 3.0 $6.3M 271k 23.12
International Paper Company (IP) 3.0 $6.2M 134k 46.58
Pfizer (PFE) 3.0 $6.2M 215k 28.86
Marathon Oil Corporation (MRO) 2.8 $5.8M 172k 33.72
Merck & Co (MRK) 2.8 $5.8M 131k 44.20
GlaxoSmithKline 2.7 $5.8M 123k 46.91
E.I. du Pont de Nemours & Company 2.7 $5.6M 114k 49.16
Devon Energy Corporation (DVN) 2.6 $5.5M 98k 56.42
Barrick Gold Corp (GOLD) 2.5 $5.4M 182k 29.40
Paccar (PCAR) 2.5 $5.2M 102k 50.56
Schlumberger (SLB) 2.4 $5.1M 68k 74.89
Microsoft Corporation (MSFT) 2.4 $5.0M 176k 28.61
Anadarko Petroleum Corporation 2.4 $4.9M 56k 87.45
Abb (ABBNY) 2.2 $4.7M 206k 22.76
Dow Chemical Company 2.1 $4.5M 142k 31.84
Occidental Petroleum Corporation (OXY) 2.0 $4.3M 55k 78.38
Intel Corporation (INTC) 2.0 $4.2M 194k 21.84
Cisco Systems (CSCO) 1.9 $4.1M 196k 20.89
Corning Incorporated (GLW) 1.9 $4.0M 299k 13.33
United Technologies Corporation 1.8 $3.8M 41k 93.44
Nestle SA Reg Shs. Ser. B Spons (NSRGY) 1.8 $3.8M 53k 72.47
Newmont Mining Corporation (NEM) 1.8 $3.7M 89k 41.90
Analog Devices (ADI) 1.6 $3.5M 75k 46.49
Talisman Energy Inc Com Stk 1.6 $3.5M 282k 12.25
Diebold Incorporated 1.6 $3.3M 109k 30.32
Halliburton Company (HAL) 1.5 $3.2M 80k 40.41
Duke Energy (DUK) 1.5 $3.2M 44k 72.58
Abbvie (ABBV) 1.2 $2.6M 64k 40.78
Koninklijke Philips Electronics NV (PHG) 1.2 $2.5M 85k 29.55
Abbott Laboratories (ABT) 1.1 $2.3M 64k 35.32
ConocoPhillips (COP) 0.8 $1.7M 29k 60.11
EMC Corporation 0.8 $1.6M 68k 23.90
Costco Wholesale Corporation (COST) 0.7 $1.5M 14k 106.11
3M Company (MMM) 0.7 $1.5M 14k 106.33
International Business Machines (IBM) 0.6 $1.3M 6.1k 213.30
Exxon Mobil Corporation (XOM) 0.5 $991k 11k 90.13
Colgate-Palmolive Company (CL) 0.5 $989k 8.4k 118.05
EOG Resources (EOG) 0.5 $993k 7.8k 128.13
Kimberly-Clark Corporation (KMB) 0.4 $928k 9.5k 97.94
National Fuel Gas (NFG) 0.4 $862k 14k 61.35
At&t (T) 0.4 $817k 22k 36.69
Chevron Corporation (CVX) 0.4 $774k 6.5k 118.80
Home Depot (HD) 0.3 $705k 10k 69.80
Paychex (PAYX) 0.3 $661k 19k 35.07
Plum Creek Timber 0.3 $650k 13k 52.21
Louisiana Cent master (LCNTU) 0.3 $653k 225.00 2902.22
General Mills (GIS) 0.3 $552k 11k 49.29
Southern Company (SO) 0.2 $500k 11k 46.95
Lufkin Industries 0.2 $508k 7.7k 66.41
Questar Corporation 0.2 $470k 19k 24.35
Stryker Corporation (SYK) 0.2 $431k 6.6k 65.30
Eli Lilly & Co. (LLY) 0.2 $406k 7.2k 56.78
JPMorgan Chase & Co. (JPM) 0.2 $373k 7.9k 47.47
AvalonBay Communities (AVB) 0.2 $383k 3.0k 126.53
QEP Resources 0.2 $379k 12k 31.85
Union Pacific Corporation (UNP) 0.2 $342k 2.4k 142.50
Exxon Mobil Corporation (XOM) 0.1 $315k 3.5k 90.00
FedEx Corporation (FDX) 0.1 $290k 3.0k 98.31
Automatic Data Processing (ADP) 0.1 $280k 4.3k 65.12
Dupont Pfd $3.50 Ser A p (CTA.PA) 0.1 $281k 3.2k 87.81
Coca-Cola Company (KO) 0.1 $243k 6.0k 40.37
Caterpillar (CAT) 0.1 $235k 2.7k 87.04
SYSCO Corporation (SYY) 0.1 $223k 6.3k 35.21
Royal Dutch Shell 0.1 $216k 3.3k 65.20
Harris Pref 7.375% prd 0.1 $202k 7.8k 25.90
Isc8 Inc cs 0.0 $7.9k 79k 0.10