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 (2016Q2)
Portfolio Summary: 255 holdings with a total value of $833,176,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 APPLE INC 363,862 34,785,000 4.17%
2 PEPSICO INC 296,354 31,396,000 3.77%
3 BERKSHIRE HATHAWAY INC DEL 180,749 26,171,000 3.14%
4 MICROSOFT CORP 442,752 22,656,000 2.72%
5 LOWES COS INC 269,269 21,318,000 2.56%
6 JOHNSON & JOHNSON 173,805 21,082,000 2.53%
7 3M CO 103,135 18,061,000 2.17%
8 TJX COMPANIES INC 632,061 17,470,000 2.10%
9 WALGREENS BOOTS ALLIANCE INC 200,440 16,691,000 2.00%
10 GENERAL ELECTRIC CO 513,089 16,152,000 1.94%
11 WAL-MART STORES INC 186,624 13,627,000 1.64%
12 UNITED TECHNOLOGIES CORP 132,219 13,559,000 1.63%
13 BANK AMER CORP 956,964 12,699,000 1.52%
14 ALPHABET INC 18,087 12,518,000 1.50%
15 ISHARES TR 58,014 12,224,000 1.47%
16 GILEAD SCIENCES INC 144,585 12,061,000 1.45%
17 PFIZER INC 329,864 11,615,000 1.39%
18 PROCTER AND GAMBLE CO 136,253 11,537,000 1.38%
19 EXXON MOBIL CORP 117,986 11,060,000 1.33%
20 BB&T CORP 308,076 10,971,000 1.32%
21 FACEBOOK INC 95,822 10,951,000 1.31%
22 QUALCOMM INC 203,104 10,880,000 1.31%
23 ALPHABET INC 15,337 10,790,000 1.30%
24 INTEL CORP 324,832 10,654,000 1.28%
25 SYNOVUS FINL CORP COM NEW 362,456 10,508,000 1.26%
26 ISHARES TR 61,523 10,344,000 1.24%
27 SCHWAB U.S. MID-CAP ETF 239,801 10,074,000 1.21%
28 CISCO SYS INC 347,553 9,971,000 1.20%
29 VANGUARD INDEX FDS 51,154 9,833,000 1.18%
30 MERCK & CO INC 151,102 8,705,000 1.04%
31 ENTERPRISE PRODS PARTNERS L 295,114 8,635,000 1.04%
32 BALCHEM CORP COM 144,134 8,598,000 1.03%
33 JPMORGAN CHASE & CO 128,062 7,958,000 0.96%
34 KELLOGG CO 95,552 7,802,000 0.94%
35 COLGATE PALMOLIVE CO 96,571 7,069,000 0.85%
36 FLOWERS FOODS INC 375,150 7,034,000 0.84%
37 WELLS FARGO & CO NEW 146,007 6,911,000 0.83%
38 STARBUCKS CORP 120,310 6,872,000 0.82%
39 MCCORMICK & CO INC 36,001 6,720,000 0.81%
40 BRISTOL MYERS SQUIBB CO 90,834 6,681,000 0.80%
41 ACCENTURE PLC IRELAND 58,044 6,576,000 0.79%
42 ABBVIE INC 101,141 6,262,000 0.75%
43 MONDELEZ INTL INC 132,620 6,036,000 0.72%
44 COCA COLA CO 132,628 6,012,000 0.72%
45 MCDONALDS CORP 47,553 5,723,000 0.69%
46 SONOCO PRODS CO 110,980 5,511,000 0.66%
47 TOYOTA MOTOR CORP 53,079 5,307,000 0.64%
48 ISHARES TR 132,650 5,291,000 0.64%
49 DISNEY WALT CO 53,476 5,231,000 0.63%
50 CVS HEALTH CORP 53,851 5,156,000 0.62%
Page 1 of 6

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001420506-16-001208, filed 2016.08.12).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.