Salem Capital Management as of Dec. 31, 2019
Portfolio Holdings for Salem Capital Management
Salem Capital Management holds 69 positions in its portfolio as reported in the December 2019 quarterly 13F filing
| Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
|---|---|---|---|---|---|
| Microsoft Corporation (MSFT) | 5.5 | $10M | 65k | 157.70 | |
| Bank of America Corporation (BAC) | 5.3 | $9.7M | 275k | 35.22 | |
| Intel Corporation (INTC) | 4.9 | $9.1M | 152k | 59.85 | |
| Honeywell International (HON) | 4.8 | $8.8M | 50k | 177.00 | |
| Merck & Co (MRK) | 4.6 | $8.4M | 92k | 90.96 | |
| Cisco Systems (CSCO) | 4.5 | $8.2M | 171k | 47.96 | |
| Weyerhaeuser Company (WY) | 3.8 | $7.0M | 233k | 30.20 | |
| International Paper Company (IP) | 3.4 | $6.2M | 134k | 46.05 | |
| Pfizer (PFE) | 3.3 | $6.0M | 153k | 39.18 | |
| Corning Incorporated (GLW) | 3.1 | $5.7M | 197k | 29.11 | |
| Lowe's Companies (LOW) | 3.1 | $5.7M | 48k | 119.77 | |
| At&t (T) | 3.1 | $5.7M | 146k | 39.08 | |
| Dow (DOW) | 2.8 | $5.2M | 95k | 54.73 | |
| Verizon Communications (VZ) | 2.7 | $5.0M | 81k | 61.40 | |
| Westrock (WRK) | 2.7 | $5.0M | 116k | 42.91 | |
| JPMorgan Chase & Co. (JPM) | 2.6 | $4.8M | 34k | 139.40 | |
| Comcast Corporation (CMCSA) | 2.6 | $4.7M | 105k | 44.97 | |
| BorgWarner (BWA) | 2.6 | $4.7M | 109k | 43.38 | |
| Johnson & Johnson (JNJ) | 2.5 | $4.6M | 32k | 145.87 | |
| United Technologies Corporation | 2.3 | $4.3M | 29k | 149.77 | |
| Dupont De Nemours (DD) | 2.2 | $4.0M | 63k | 64.20 | |
| Delphi Automotive Inc international (APTV) | 2.0 | $3.7M | 39k | 94.96 | |
| Wells Fargo & Company (WFC) | 1.8 | $3.3M | 62k | 53.81 | |
| Koninklijke Philips Electronics NV (PHG) | 1.8 | $3.3M | 68k | 48.80 | |
| Halliburton Company (HAL) | 1.7 | $3.1M | 126k | 24.47 | |
| NCR Corporation (VYX) | 1.6 | $2.9M | 84k | 35.16 | |
| Eaton | 1.5 | $2.7M | 29k | 94.71 | |
| Costco Wholesale Corporation (COST) | 1.4 | $2.6M | 8.8k | 293.88 | |
| Devon Energy Corporation (DVN) | 1.3 | $2.4M | 92k | 25.97 | |
| Paypal Holdings (PYPL) | 1.2 | $2.2M | 20k | 108.18 | |
| Abbott Laboratories (ABT) | 1.0 | $1.9M | 21k | 86.87 | |
| Japan Smaller Capitalizaion Fund (JOF) | 0.9 | $1.7M | 190k | 8.94 | |
| Marathon Oil Corporation (MRO) | 0.9 | $1.6M | 118k | 13.58 | |
| Paychex (PAYX) | 0.8 | $1.5M | 18k | 85.08 | |
| 3M Company (MMM) | 0.6 | $1.1M | 6.4k | 176.41 | |
| Home Depot (HD) | 0.6 | $1.0M | 4.7k | 218.30 | |
| Novartis (NVS) | 0.5 | $885k | 9.3k | 94.71 | |
| Colgate-Palmolive Company (CL) | 0.5 | $857k | 13k | 68.84 | |
| Chevron Corporation (CVX) | 0.5 | $850k | 7.1k | 120.57 | |
| Kimberly-Clark Corporation (KMB) | 0.5 | $849k | 6.2k | 137.49 | |
| Nestle SA Reg Shs. Ser. B Spons (NSRGY) | 0.4 | $793k | 7.3k | 108.26 | |
| Analog Devices (ADI) | 0.4 | $767k | 6.5k | 118.91 | |
| Procter & Gamble Company (PG) | 0.4 | $764k | 6.1k | 124.90 | |
| Stryker Corporation (SYK) | 0.4 | $703k | 3.4k | 209.85 | |
| Exxon Mobil Corporation (XOM) | 0.4 | $664k | 9.5k | 69.76 | |
| Eli Lilly & Co. (LLY) | 0.3 | $637k | 4.8k | 131.50 | |
| Apple (AAPL) | 0.3 | $631k | 2.2k | 293.49 | |
| PNC Financial Services (PNC) | 0.3 | $606k | 3.8k | 159.68 | |
| EOG Resources (EOG) | 0.3 | $532k | 6.4k | 83.78 | |
| Paccar (PCAR) | 0.3 | $534k | 6.8k | 79.11 | |
| FedEx Corporation (FDX) | 0.3 | $507k | 3.4k | 151.34 | |
| AvalonBay Communities (AVB) | 0.3 | $496k | 2.4k | 209.81 | |
| Automatic Data Processing (ADP) | 0.2 | $460k | 2.7k | 170.37 | |
| National Fuel Gas (NFG) | 0.2 | $453k | 9.7k | 46.53 | |
| CVS Caremark Corporation (CVS) | 0.2 | $379k | 5.1k | 74.24 | |
| Cintas Corporation (CTAS) | 0.2 | $336k | 1.3k | 268.80 | |
| Unilever (UL) | 0.2 | $305k | 5.3k | 57.15 | |
| Abbvie (ABBV) | 0.2 | $310k | 3.5k | 88.57 | |
| Nextera Energy (NEE) | 0.2 | $302k | 1.2k | 242.18 | |
| Southern Company (SO) | 0.2 | $303k | 4.8k | 63.79 | |
| Amgen (AMGN) | 0.1 | $265k | 1.1k | 240.91 | |
| ConocoPhillips (COP) | 0.1 | $260k | 4.0k | 65.00 | |
| Coca-Cola Company (KO) | 0.1 | $232k | 4.2k | 55.24 | |
| General Mills (GIS) | 0.1 | $213k | 4.0k | 53.65 | |
| International Business Machines (IBM) | 0.1 | $214k | 1.6k | 133.75 | |
| Dover Corporation (DOV) | 0.1 | $222k | 1.9k | 115.32 | |
| Bank of New York Mellon Corporation (BK) | 0.1 | $201k | 4.0k | 50.25 | |
| Becton, Dickinson and (BDX) | 0.1 | $202k | 743.00 | 271.87 | |
| Louisiana Cent master (LCNTU) | 0.1 | $203k | 225.00 | 902.22 |
