Dark
Light
System
Institutional Investment Manager
SALEM INVESTMENT COUNSELORS INC
SALEM INVESTMENT COUNSELORS INC (CIK: 0000884423) incorporated in North Carolina, located at Pop Box 25427, Winston Salem, NC. Institutional holdings reported to the SEC.

Institutional Holdings (2014Q4)
Original 13F HR (0001420506-15-000167) filed in 2015.02.17
#
Name
Shares
Value ($)
%
Options
Notes
1 GENERAL ELECTRIC CO 543,744 13,740 1.64%
2 MICROSOFT CORP 494,825 22,985 2.74%
3 BANK AMER CORP 481,632 8,616 1.03%
4 BB&T CORP 375,420 14,600 1.74%
5 APPLE INC 365,663 40,362 4.81%
6 SYNOVUS FINL CORP 360,251 9,759 1.16%
7 CISCO SYS INC 346,313 9,633 1.15%
8 PFIZER INC 342,875 10,681 1.27%
9 INTEL CORP 327,591 11,888 1.42%
10 PEPSICO INC 314,303 29,720 3.54%
11 E M C CORP MASS COM 302,936 9,009 1.07%
12 LOWES COS INC 298,443 20,533 2.45%
13 SCHWAB U.S. MID-CAP ETF 212,810 8,657 1.03%
14 MERCK & CO INC 205,096 11,647 1.39%
15 WALGREENS BOOTS ALLIANCE INC 202,834 15,456 1.84%
16 KB HOME 201,885 3,341 0.40%
17 QUALCOMM INC 201,198 14,955 1.78%
18 WAL-MART STORES INC 197,238 16,939 2.02%
19 ENTERPRISE PRODS PARTNERS L 191,378 6,913 0.82%
20 BERKSHIRE HATHAWAY INC DEL 182,633 27,422 3.27%
21 JOHNSON & JOHNSON 179,958 18,818 2.24%
22 KINDER MORGAN INC DEL 163,342 6,911 0.82%
23 ISHARES TR 161,727 6,354 0.76%
24 BALCHEM CORP 157,469 10,494 1.25%
25 WABASH NATL CORP 155,900 1,927 0.23%
26 COCA COLA CO 154,449 6,521 0.78%
27 WELLS FARGO & CO NEW 147,289 8,074 0.96%
28 PROCTER AND GAMBLE CO 138,834 12,646 1.51%
29 ARES CAPITAL CORP 138,393 2,160 0.26%
30 KELLOGG CO 132,964 8,701 1.04%
31 NATIONAL OILWELL VARCO INC 132,417 8,677 1.03%
32 GNC HLDGS INC 132,041 6,201 0.74%
33 POWERSHARES ETF TR II 131,645 6,146 0.73%
34 UNITED TECHNOLOGIES CORP 129,327 14,873 1.77%
35 HUNTSMAN CORP 128,165 2,920 0.35%
36 SONOCO PRODS CO 118,984 5,200 0.62%
37 ABBVIE INC 115,962 7,589 0.90%
38 EXXON MOBIL CORP 115,928 10,718 1.28%
39 JPMORGAN CHASE & CO 112,556 7,044 0.84%
40 HATTERAS FINL CORP 111,555 2,056 0.24%
41 GOVERNMENT PPTYS INCOME TR 111,200 2,559 0.30%
42 PHILIP MORRIS INTL INC 107,338 8,743 1.04%
43 3M CO 106,722 17,537 2.09%
44 MONDELEZ INTL INC 106,110 3,854 0.46%
45 WHOLE FOODS MKT INC 105,465 5,318 0.63%
46 COLGATE PALMOLIVE CO 103,946 7,192 0.86%
47 NEW YORK MORTGAGE TRUST INC COM 101,000 779 0.09%
48 SCHWAB INTERNATIONAL EQUITY ETF 95,270 2,754 0.33%
49 INDEPENDENCE RLTY TR INC COM 95,000 884 0.11%
50 BRISTOL MYERS SQUIBB CO 94,031 5,551 0.66%
Page 1 of 6