Salem Capital Management as of Sept. 30, 2021
Portfolio Holdings for Salem Capital Management
Salem Capital Management holds 71 positions in its portfolio as reported in the September 2021 quarterly 13F filing
| Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
|---|---|---|---|---|---|
| Microsoft Corporation (MSFT) | 7.1 | $13M | 46k | 281.92 | |
| Bank of America Corporation (BAC) | 5.1 | $9.4M | 221k | 42.45 | |
| Honeywell International (HON) | 4.6 | $8.3M | 39k | 212.27 | |
| Cisco Systems (CSCO) | 4.3 | $7.8M | 143k | 54.43 | |
| Weyerhaeuser Company (WY) | 4.0 | $7.2M | 204k | 35.57 | |
| Lowe's Companies (LOW) | 3.7 | $6.7M | 33k | 202.85 | |
| Merck & Co (MRK) | 3.6 | $6.7M | 89k | 75.11 | |
| International Paper Company (IP) | 3.5 | $6.4M | 115k | 55.92 | |
| Pfizer (PFE) | 3.4 | $6.2M | 143k | 43.01 | |
| Corning Incorporated (GLW) | 3.2 | $5.8M | 159k | 36.49 | |
| Comcast Corporation (CMCSA) | 2.9 | $5.3M | 94k | 55.93 | |
| JPMorgan Chase & Co. (JPM) | 2.8 | $5.1M | 31k | 163.70 | |
| Westrock (WRK) | 2.6 | $4.7M | 95k | 49.83 | |
| Delphi Automotive Inc international (APTV) | 2.5 | $4.6M | 31k | 148.98 | |
| BorgWarner (BWA) | 2.5 | $4.6M | 106k | 43.21 | |
| Devon Energy Corporation (DVN) | 2.4 | $4.5M | 126k | 35.51 | |
| Verizon Communications (VZ) | 2.4 | $4.4M | 82k | 54.01 | |
| Truist Financial Corp equities (TFC) | 2.3 | $4.1M | 70k | 58.65 | |
| Johnson & Johnson (JNJ) | 2.1 | $3.9M | 24k | 161.48 | |
| Freeport-McMoRan Copper & Gold (FCX) | 2.1 | $3.8M | 118k | 32.53 | |
| Pioneer Natural Resources | 2.1 | $3.8M | 23k | 166.50 | |
| Paccar (PCAR) | 2.0 | $3.6M | 46k | 78.91 | |
| Costco Wholesale Corporation (COST) | 2.0 | $3.6M | 8.0k | 449.33 | |
| Paypal Holdings (PYPL) | 1.7 | $3.2M | 12k | 260.20 | |
| Chevron Corporation (CVX) | 1.6 | $2.8M | 28k | 101.43 | |
| Eaton | 1.5 | $2.8M | 19k | 149.32 | |
| Nokia Corporation (NOK) | 1.5 | $2.7M | 489k | 5.45 | |
| Telefonaktiebolaget LM Ericsson (ERIC) | 1.4 | $2.6M | 232k | 11.20 | |
| Koninklijke Philips Electronics NV (PHG) | 1.4 | $2.6M | 58k | 44.43 | |
| Novartis (NVS) | 1.4 | $2.5M | 31k | 81.77 | |
| Raytheon Technologies Corp (RTX) | 1.3 | $2.3M | 27k | 85.97 | |
| Abbott Laboratories (ABT) | 1.2 | $2.2M | 18k | 118.12 | |
| Paychex (PAYX) | 1.1 | $2.0M | 18k | 112.47 | |
| At&t (T) | 0.9 | $1.6M | 59k | 27.01 | |
| Home Depot (HD) | 0.8 | $1.5M | 4.4k | 328.22 | |
| Marathon Oil Corporation (MRO) | 0.8 | $1.4M | 103k | 13.67 | |
| Japan Smaller Capitalizaion Fund (JOF) | 0.7 | $1.2M | 135k | 9.05 | |
| Apple (AAPL) | 0.6 | $1.2M | 8.3k | 141.53 | |
| Broadcom (AVGO) | 0.6 | $1.2M | 2.4k | 484.76 | |
| Vanguard Scottsdale Fds vng rus2000idx (VTWO) | 0.5 | $973k | 11k | 88.37 | |
| 3M Company (MMM) | 0.5 | $868k | 5.0k | 175.35 | |
| Analog Devices (ADI) | 0.5 | $862k | 5.1k | 167.41 | |
| PNC Financial Services (PNC) | 0.4 | $796k | 4.1k | 195.58 | |
| Nestle SA Reg Shs. Ser. B Spons (NSRGY) | 0.4 | $790k | 6.6k | 120.15 | |
| Vontier Corporation (VNT) | 0.4 | $790k | 24k | 33.62 | |
| Colgate-Palmolive Company (CL) | 0.4 | $744k | 9.9k | 75.53 | |
| Eli Lilly & Co. (LLY) | 0.4 | $738k | 3.2k | 231.06 | |
| Procter & Gamble Company (PG) | 0.4 | $675k | 4.8k | 139.75 | |
| Intel Corporation (INTC) | 0.4 | $673k | 13k | 53.26 | |
| EOG Resources (EOG) | 0.4 | $650k | 8.1k | 80.25 | |
| FedEx Corporation (FDX) | 0.4 | $647k | 3.0k | 219.32 | |
| Kimberly-Clark Corporation (KMB) | 0.3 | $536k | 4.1k | 132.35 | |
| AvalonBay Communities (AVB) | 0.3 | $507k | 2.3k | 221.78 | |
| Automatic Data Processing (ADP) | 0.3 | $460k | 2.3k | 200.00 | |
| National Fuel Gas (NFG) | 0.2 | $454k | 8.6k | 52.55 | |
| CVS Caremark Corporation (CVS) | 0.2 | $395k | 4.7k | 84.86 | |
| Nextera Energy (NEE) | 0.2 | $392k | 5.0k | 78.57 | |
| Stryker Corporation (SYK) | 0.2 | $382k | 1.5k | 263.45 | |
| Global Payments (GPN) | 0.2 | $309k | 2.0k | 157.65 | |
| Schlumberger (SLB) | 0.2 | $296k | 10k | 29.60 | |
| Bank of New York Mellon Corporation (BK) | 0.2 | $295k | 5.7k | 51.75 | |
| Unilever (UL) | 0.1 | $273k | 5.0k | 54.20 | |
| ConocoPhillips (COP) | 0.1 | $271k | 4.0k | 67.75 | |
| Dover Corporation (DOV) | 0.1 | $233k | 1.5k | 155.33 | |
| General Mills (GIS) | 0.1 | $223k | 3.7k | 59.95 | |
| Rockwell Automation (ROK) | 0.1 | $222k | 755.00 | 294.04 | |
| Coca-Cola Company (KO) | 0.1 | $220k | 4.2k | 52.38 | |
| Southern Company (SO) | 0.1 | $220k | 3.6k | 61.97 | |
| Cintas Corporation (CTAS) | 0.1 | $209k | 550.00 | 380.00 | |
| CSX Corporation (CSX) | 0.1 | $207k | 7.0k | 29.76 | |
| Abbvie (ABBV) | 0.1 | $205k | 1.9k | 107.89 |
