Salem Capital Management as of Dec. 31, 2015
Portfolio Holdings for Salem Capital Management
Salem Capital Management holds 66 positions in its portfolio as reported in the December 2015 quarterly 13F filing
| Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
|---|---|---|---|---|---|
| CVS Caremark Corporation (CVS) | 4.5 | $8.0M | 82k | 97.77 | |
| Microsoft Corporation (MSFT) | 4.4 | $7.8M | 141k | 55.48 | |
| Johnson & Johnson (JNJ) | 4.4 | $7.8M | 76k | 102.72 | |
| General Electric Company | 4.2 | $7.4M | 238k | 31.15 | |
| Honeywell International (HON) | 4.1 | $7.3M | 70k | 103.57 | |
| Unilever (UL) | 4.0 | $7.0M | 162k | 43.12 | |
| Pfizer (PFE) | 3.9 | $6.8M | 211k | 32.28 | |
| E.I. du Pont de Nemours & Company | 3.7 | $6.6M | 99k | 66.60 | |
| Novartis (NVS) | 3.7 | $6.6M | 76k | 86.04 | |
| Weyerhaeuser Company (WY) | 3.6 | $6.4M | 212k | 29.98 | |
| Merck & Co (MRK) | 3.5 | $6.2M | 118k | 52.82 | |
| Dow Chemical Company | 3.4 | $6.0M | 117k | 51.48 | |
| Intel Corporation (INTC) | 3.2 | $5.7M | 166k | 34.45 | |
| Procter & Gamble Company (PG) | 3.1 | $5.4M | 68k | 79.41 | |
| Cisco Systems (CSCO) | 3.0 | $5.2M | 192k | 27.16 | |
| International Paper Company (IP) | 2.9 | $5.2M | 137k | 37.70 | |
| GlaxoSmithKline | 2.5 | $4.4M | 110k | 40.35 | |
| Paccar (PCAR) | 2.4 | $4.3M | 91k | 47.40 | |
| Vodafone Group New Adr F (VOD) | 2.4 | $4.2M | 130k | 32.26 | |
| United Technologies Corporation | 2.1 | $3.8M | 39k | 96.07 | |
| Nestle SA Reg Shs. Ser. B Spons (NSRGY) | 2.0 | $3.5M | 47k | 74.41 | |
| Verizon Communications (VZ) | 2.0 | $3.5M | 75k | 46.22 | |
| Schlumberger (SLB) | 1.9 | $3.4M | 48k | 69.76 | |
| Corning Incorporated (GLW) | 1.9 | $3.3M | 181k | 18.28 | |
| Briggs & Stratton Corporation | 1.8 | $3.1M | 180k | 17.30 | |
| Halliburton Company (HAL) | 1.4 | $2.5M | 73k | 34.03 | |
| Devon Energy Corporation (DVN) | 1.4 | $2.5M | 77k | 32.00 | |
| Marathon Oil Corporation (MRO) | 1.4 | $2.4M | 193k | 12.59 | |
| Westrock (WRK) | 1.3 | $2.2M | 49k | 45.62 | |
| Costco Wholesale Corporation (COST) | 1.1 | $1.9M | 12k | 161.46 | |
| Koninklijke Philips Electronics NV (PHG) | 1.0 | $1.8M | 72k | 25.45 | |
| Abbvie (ABBV) | 1.0 | $1.8M | 31k | 59.23 | |
| Abbott Laboratories (ABT) | 0.9 | $1.7M | 37k | 44.90 | |
| 3M Company (MMM) | 0.8 | $1.5M | 9.7k | 150.62 | |
| Exxon Mobil Corporation (XOM) | 0.7 | $1.3M | 17k | 77.97 | |
| Plum Creek Timber | 0.7 | $1.3M | 27k | 47.74 | |
| Home Depot (HD) | 0.7 | $1.2M | 8.8k | 132.27 | |
| Kimberly-Clark Corporation (KMB) | 0.7 | $1.2M | 9.1k | 127.29 | |
| Anadarko Petroleum Corporation | 0.6 | $1.1M | 23k | 48.56 | |
| Paychex (PAYX) | 0.6 | $1.1M | 20k | 52.91 | |
| Colgate-Palmolive Company (CL) | 0.6 | $1.0M | 15k | 66.60 | |
| Chevron Corporation (CVX) | 0.5 | $945k | 11k | 90.00 | |
| EOG Resources (EOG) | 0.5 | $903k | 13k | 70.82 | |
| At&t (T) | 0.5 | $881k | 26k | 34.42 | |
| International Business Machines (IBM) | 0.4 | $671k | 4.9k | 137.67 | |
| General Mills (GIS) | 0.4 | $646k | 11k | 57.68 | |
| Dover Corporation (DOV) | 0.4 | $635k | 10k | 61.35 | |
| JPMorgan Chase & Co. (JPM) | 0.3 | $602k | 9.1k | 66.02 | |
| Eli Lilly & Co. (LLY) | 0.3 | $569k | 6.8k | 84.30 | |
| AvalonBay Communities (AVB) | 0.3 | $557k | 3.0k | 184.01 | |
| National Fuel Gas (NFG) | 0.3 | $573k | 13k | 42.76 | |
| FedEx Corporation (FDX) | 0.3 | $514k | 3.5k | 148.99 | |
| C.R. Bard | 0.3 | $521k | 2.8k | 189.45 | |
| Southern Company (SO) | 0.2 | $409k | 8.8k | 46.74 | |
| Questar Corporation | 0.2 | $407k | 21k | 19.47 | |
| Automatic Data Processing (ADP) | 0.2 | $364k | 4.3k | 84.65 | |
| Stryker Corporation (SYK) | 0.2 | $367k | 4.0k | 92.91 | |
| Analog Devices (ADI) | 0.2 | $330k | 6.0k | 55.28 | |
| SYSCO Corporation (SYY) | 0.1 | $260k | 6.3k | 41.05 | |
| Cintas Corporation (CTAS) | 0.1 | $273k | 3.0k | 91.00 | |
| Wells Fargo & Company (WFC) | 0.1 | $253k | 4.7k | 54.29 | |
| Express Scripts Holding | 0.1 | $249k | 2.8k | 87.52 | |
| Duke Energy (DUK) | 0.1 | $235k | 3.3k | 71.36 | |
| Bank of New York Mellon Corporation (BK) | 0.1 | $204k | 4.9k | 41.27 | |
| Apple (AAPL) | 0.1 | $218k | 2.1k | 105.06 | |
| Nextera Enterprises (NXRA) | 0.0 | $0 | 30k | 0.00 |
