Salem Capital Management as of Sept. 30, 2015
Portfolio Holdings for Salem Capital Management
Salem Capital Management holds 67 positions in its portfolio as reported in the September 2015 quarterly 13F filing
| Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
|---|---|---|---|---|---|
| CVS Caremark Corporation (CVS) | 4.7 | $8.0M | 83k | 96.47 | |
| Novartis (NVS) | 4.1 | $7.0M | 76k | 91.91 | |
| Johnson & Johnson (JNJ) | 4.1 | $6.9M | 74k | 93.35 | |
| Honeywell International (HON) | 4.0 | $6.8M | 72k | 94.69 | |
| Unilever (UL) | 4.0 | $6.7M | 165k | 40.78 | |
| Pfizer (PFE) | 3.9 | $6.6M | 210k | 31.41 | |
| Microsoft Corporation (MSFT) | 3.7 | $6.3M | 142k | 44.26 | |
| General Electric Company | 3.6 | $6.1M | 241k | 25.22 | |
| Merck & Co (MRK) | 3.4 | $5.9M | 119k | 49.39 | |
| Weyerhaeuser Company (WY) | 3.4 | $5.9M | 214k | 27.34 | |
| Cisco Systems (CSCO) | 3.0 | $5.1M | 194k | 26.25 | |
| International Paper Company (IP) | 3.0 | $5.1M | 135k | 37.79 | |
| Intel Corporation (INTC) | 2.9 | $5.0M | 165k | 30.14 | |
| Procter & Gamble Company (PG) | 2.9 | $5.0M | 69k | 71.94 | |
| Dow Chemical Company | 2.9 | $4.9M | 116k | 42.40 | |
| E.I. du Pont de Nemours & Company | 2.9 | $4.9M | 101k | 48.20 | |
| Paccar (PCAR) | 2.9 | $4.9M | 93k | 52.18 | |
| GlaxoSmithKline | 2.5 | $4.2M | 109k | 38.45 | |
| EMC Corporation | 2.4 | $4.2M | 172k | 24.16 | |
| Vodafone Group New Adr F (VOD) | 2.4 | $4.1M | 128k | 31.74 | |
| Briggs & Stratton Corporation | 2.1 | $3.6M | 186k | 19.31 | |
| United Technologies Corporation | 2.0 | $3.5M | 39k | 89.00 | |
| Marathon Oil Corporation (MRO) | 2.0 | $3.4M | 224k | 15.40 | |
| Schlumberger (SLB) | 2.0 | $3.4M | 49k | 68.98 | |
| Nestle SA Reg Shs. Ser. B Spons (NSRGY) | 2.0 | $3.4M | 45k | 75.24 | |
| Verizon Communications (VZ) | 1.9 | $3.2M | 74k | 43.51 | |
| Devon Energy Corporation (DVN) | 1.5 | $2.6M | 70k | 37.09 | |
| Corning Incorporated (GLW) | 1.4 | $2.3M | 134k | 17.12 | |
| Halliburton Company (HAL) | 1.2 | $2.1M | 60k | 35.34 | |
| Westrock (WRK) | 1.1 | $1.8M | 36k | 51.45 | |
| Abbvie (ABBV) | 1.0 | $1.8M | 33k | 54.41 | |
| Costco Wholesale Corporation (COST) | 1.0 | $1.7M | 12k | 144.53 | |
| Koninklijke Philips Electronics NV (PHG) | 1.0 | $1.6M | 69k | 23.47 | |
| Plum Creek Timber | 1.0 | $1.6M | 42k | 39.52 | |
| Abbott Laboratories (ABT) | 0.9 | $1.5M | 38k | 40.21 | |
| 3M Company (MMM) | 0.8 | $1.4M | 9.9k | 141.73 | |
| Anadarko Petroleum Corporation | 0.8 | $1.4M | 23k | 60.39 | |
| Exxon Mobil Corporation (XOM) | 0.7 | $1.2M | 17k | 74.38 | |
| Home Depot (HD) | 0.6 | $1.0M | 8.8k | 115.45 | |
| Kimberly-Clark Corporation (KMB) | 0.6 | $992k | 9.1k | 109.01 | |
| Paychex (PAYX) | 0.6 | $960k | 20k | 47.65 | |
| Colgate-Palmolive Company (CL) | 0.6 | $961k | 15k | 63.43 | |
| EOG Resources (EOG) | 0.5 | $928k | 13k | 72.78 | |
| Chevron Corporation (CVX) | 0.5 | $887k | 11k | 78.84 | |
| At&t (T) | 0.5 | $834k | 26k | 32.58 | |
| International Business Machines (IBM) | 0.4 | $707k | 4.9k | 145.06 | |
| National Fuel Gas (NFG) | 0.4 | $670k | 13k | 50.00 | |
| General Mills (GIS) | 0.4 | $629k | 11k | 56.16 | |
| Eli Lilly & Co. (LLY) | 0.3 | $598k | 7.2k | 83.64 | |
| JPMorgan Chase & Co. (JPM) | 0.3 | $556k | 9.1k | 60.98 | |
| AvalonBay Communities (AVB) | 0.3 | $529k | 3.0k | 174.76 | |
| Dover Corporation (DOV) | 0.3 | $520k | 9.1k | 57.17 | |
| C.R. Bard | 0.3 | $512k | 2.8k | 186.18 | |
| FedEx Corporation (FDX) | 0.3 | $497k | 3.5k | 144.06 | |
| Southern Company (SO) | 0.2 | $405k | 9.1k | 44.75 | |
| Questar Corporation | 0.2 | $406k | 21k | 19.43 | |
| Stryker Corporation (SYK) | 0.2 | $372k | 4.0k | 94.18 | |
| Analog Devices (ADI) | 0.2 | $354k | 6.3k | 56.46 | |
| Qualcomm (QCOM) | 0.2 | $362k | 6.7k | 53.79 | |
| Automatic Data Processing (ADP) | 0.2 | $346k | 4.3k | 80.47 | |
| SYSCO Corporation (SYY) | 0.1 | $247k | 6.3k | 39.00 | |
| Cintas Corporation (CTAS) | 0.1 | $257k | 3.0k | 85.67 | |
| Wells Fargo & Company (WFC) | 0.1 | $239k | 4.7k | 51.29 | |
| Express Scripts Holding | 0.1 | $230k | 2.8k | 80.84 | |
| Duke Energy (DUK) | 0.1 | $237k | 3.3k | 71.97 | |
| Chemours (CC) | 0.1 | $107k | 17k | 6.49 | |
| Nextera Enterprises (NXRA) | 0.0 | $0 | 30k | 0.00 |
