Salem Capital Management as of March 31, 2022
Portfolio Holdings for Salem Capital Management
Salem Capital Management holds 69 positions in its portfolio as reported in the March 2022 quarterly 13F filing
| Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
|---|---|---|---|---|---|
| Microsoft Corporation (MSFT) | 7.4 | $13M | 43k | 308.31 | |
| Bank of America Corporation (BAC) | 4.9 | $8.8M | 213k | 41.22 | |
| Cisco Systems (CSCO) | 4.3 | $7.7M | 139k | 55.76 | |
| Weyerhaeuser Company (WY) | 4.3 | $7.6M | 201k | 37.90 | |
| Pfizer (PFE) | 4.1 | $7.3M | 141k | 51.77 | |
| Honeywell International (HON) | 4.1 | $7.3M | 37k | 194.59 | |
| Merck & Co (MRK) | 4.0 | $7.1M | 87k | 82.05 | |
| Corning Incorporated (GLW) | 3.4 | $6.1M | 165k | 36.91 | |
| Freeport-McMoRan Copper & Gold (FCX) | 3.4 | $6.1M | 122k | 49.74 | |
| Pioneer Natural Resources | 3.2 | $5.7M | 23k | 250.02 | |
| Devon Energy Corporation (DVN) | 3.2 | $5.7M | 96k | 59.13 | |
| International Paper Company (IP) | 3.0 | $5.3M | 115k | 46.15 | |
| Lowe's Companies (LOW) | 2.6 | $4.6M | 23k | 202.19 | |
| Chevron Corporation (CVX) | 2.5 | $4.5M | 28k | 162.82 | |
| Comcast Corporation (CMCSA) | 2.5 | $4.5M | 95k | 46.82 | |
| Westrock (WRK) | 2.5 | $4.5M | 95k | 47.03 | |
| JPMorgan Chase & Co. (JPM) | 2.4 | $4.2M | 31k | 136.31 | |
| BorgWarner (BWA) | 2.4 | $4.2M | 109k | 38.90 | |
| Johnson & Johnson (JNJ) | 2.4 | $4.2M | 24k | 177.25 | |
| Verizon Communications (VZ) | 2.4 | $4.2M | 83k | 50.94 | |
| Costco Wholesale Corporation (COST) | 2.3 | $4.1M | 7.1k | 575.89 | |
| Paccar (PCAR) | 2.3 | $4.0M | 46k | 88.06 | |
| Truist Financial Corp equities (TFC) | 2.2 | $4.0M | 70k | 56.69 | |
| Delphi Automotive Inc international (APTV) | 2.0 | $3.6M | 30k | 119.70 | |
| Raytheon Technologies Corp (RTX) | 1.7 | $3.1M | 31k | 99.08 | |
| Eaton | 1.5 | $2.7M | 18k | 151.75 | |
| Nokia Corporation (NOK) | 1.5 | $2.7M | 494k | 5.46 | |
| Paychex (PAYX) | 1.3 | $2.3M | 17k | 136.45 | |
| Marathon Oil Corporation (MRO) | 1.1 | $2.0M | 82k | 25.11 | |
| Abbott Laboratories (ABT) | 1.1 | $1.9M | 16k | 118.37 | |
| Novartis (NVS) | 1.0 | $1.8M | 20k | 87.73 | |
| Broadcom (AVGO) | 0.8 | $1.5M | 2.4k | 629.65 | |
| Apple (AAPL) | 0.8 | $1.4M | 8.3k | 174.58 | |
| Paypal Holdings (PYPL) | 0.8 | $1.4M | 12k | 115.66 | |
| EOG Resources (EOG) | 0.8 | $1.4M | 12k | 119.23 | |
| Telefonaktiebolaget LM Ericsson (ERIC) | 0.7 | $1.3M | 138k | 9.14 | |
| Home Depot (HD) | 0.7 | $1.2M | 4.0k | 299.24 | |
| Eli Lilly & Co. (LLY) | 0.5 | $943k | 3.3k | 286.28 | |
| Vontier Corporation (VNT) | 0.5 | $939k | 37k | 25.38 | |
| Analog Devices (ADI) | 0.5 | $889k | 5.4k | 165.21 | |
| Nestle SA Reg Shs. Ser. B Spons (NSRGY) | 0.5 | $855k | 6.6k | 130.04 | |
| PNC Financial Services (PNC) | 0.4 | $751k | 4.1k | 184.52 | |
| Procter & Gamble Company (PG) | 0.4 | $738k | 4.8k | 152.79 | |
| Colgate-Palmolive Company (CL) | 0.4 | $722k | 9.5k | 75.86 | |
| 3M Company (MMM) | 0.4 | $686k | 4.6k | 148.87 | |
| FedEx Corporation (FDX) | 0.4 | $683k | 3.0k | 231.53 | |
| National Fuel Gas (NFG) | 0.3 | $603k | 8.8k | 68.73 | |
| Intel Corporation (INTC) | 0.3 | $579k | 12k | 49.54 | |
| Automatic Data Processing (ADP) | 0.3 | $523k | 2.3k | 227.39 | |
| Kimberly-Clark Corporation (KMB) | 0.3 | $521k | 4.2k | 123.08 | |
| AvalonBay Communities (AVB) | 0.3 | $494k | 2.0k | 248.37 | |
| CVS Caremark Corporation (CVS) | 0.3 | $486k | 4.8k | 101.14 | |
| Nextera Energy (NEE) | 0.2 | $423k | 5.0k | 84.79 | |
| ConocoPhillips (COP) | 0.2 | $400k | 4.0k | 100.00 | |
| Stryker Corporation (SYK) | 0.2 | $347k | 1.3k | 267.75 | |
| Abbvie (ABBV) | 0.2 | $308k | 1.9k | 162.11 | |
| Schlumberger (SLB) | 0.2 | $289k | 7.0k | 41.29 | |
| Bank of New York Mellon Corporation (BK) | 0.2 | $283k | 5.7k | 49.65 | |
| Coca-Cola Company (KO) | 0.1 | $260k | 4.2k | 61.90 | |
| CSX Corporation (CSX) | 0.1 | $260k | 7.0k | 37.38 | |
| Southern Company (SO) | 0.1 | $236k | 3.3k | 72.62 | |
| Dover Corporation (DOV) | 0.1 | $235k | 1.5k | 156.67 | |
| Cintas Corporation (CTAS) | 0.1 | $234k | 550.00 | 425.45 | |
| Unilever (UL) | 0.1 | $230k | 5.0k | 45.66 | |
| Caterpillar (CAT) | 0.1 | $226k | 1.0k | 222.44 | |
| Northway Financial (NWYF) | 0.1 | $215k | 6.0k | 36.01 | |
| Rockwell Automation (ROK) | 0.1 | $211k | 755.00 | 279.47 | |
| At&t (T) | 0.1 | $208k | 8.8k | 23.61 | |
| General Mills (GIS) | 0.1 | $201k | 3.0k | 67.68 |
