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Institutional Investment Manager
CLIFFORD SWAN INVESTMENT COUNSEL LLC
CLIFFORD SWAN INVESTMENT COUNSEL LLC (CIK: 0001034642) incorporated in California, located at 177 E. Colorado Blvd, Pasadena, CA. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q3)
Portfolio Summary: 281 holdings with a total value of $1,479,601,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 WAL-MART STORES INC 146,958 10,599,000 0.72%
52 SYSCO CORP 211,726 10,377,000 0.70%
53 VANGUARD SCOTTSDALE FDS 128,784 10,374,000 0.70%
54 PUBLIC STORAGE 44,797 9,996,000 0.68%
55 NIKE INC 187,298 9,861,000 0.67%
56 AMGEN INC 57,281 9,555,000 0.65%
57 BARD C R INC 42,278 9,482,000 0.64%
58 JOHNSON CTLS INTL PLC 203,486 9,468,000 0.64%
59 ALTRIA GROUP INC 135,699 8,580,000 0.58%
60 NORDSTROM INC 157,492 8,171,000 0.55%
61 VERIZON COMMUNICATIONS INC 156,621 8,141,000 0.55%
62 INTUIT 73,765 8,115,000 0.55%
63 UNION PAC CORP 82,507 8,047,000 0.54%
64 ALLERGAN PLC 34,218 7,881,000 0.53%
65 JACOBS ENGR GROUP INC 146,535 7,579,000 0.51%
66 AUTOMATIC DATA PROCESSING IN 84,819 7,481,000 0.51%
67 BRISTOL MYERS SQUIBB CO 130,097 7,015,000 0.47%
68 NOVARTIS A G 87,566 6,914,000 0.47%
69 HOME DEPOT INC 52,496 6,755,000 0.46%
70 EBAY INC 203,477 6,694,000 0.45%
71 AT&T INC 163,938 6,658,000 0.45%
72 BP PLC 183,678 6,458,000 0.44%
73 ILLINOIS TOOL WKS INC 53,215 6,377,000 0.43%
74 STERICYCLE INC 77,805 6,235,000 0.42%
75 AMAZON COM INC 7,413 6,207,000 0.42%
76 ALPHABET INC 7,657 5,952,000 0.40%
77 CATERPILLAR INC 66,202 5,877,000 0.40%
78 BED BATH & BEYOND INC 128,925 5,558,000 0.38%
79 NORTHROP GRUMMAN CORP 25,653 5,488,000 0.37%
80 AMERICAN EXPRESS CO 83,204 5,328,000 0.36%
81 GOLDMAN SACHS GROUP INC 30,233 4,876,000 0.33%
82 MERCK & CO INC 77,929 4,864,000 0.33%
83 GAP 213,000 4,737,000 0.32%
84 SSGA ACTIVE ETF TR 89,700 4,502,000 0.30%
85 NETAPP INC 125,440 4,493,000 0.30%
86 LOCKHEED MARTIN CORP 17,375 4,165,000 0.28%
87 BERKSHIRE HATHAWAY INC DEL 19 4,108,000 0.28%
88 WHOLE FOODS MKT INC 142,949 4,053,000 0.27%
89 PIMCO ETF TR 39,109 3,966,000 0.27%
90 CERNER CORP 63,590 3,927,000 0.27%
91 TARGET CORP 56,061 3,850,000 0.26%
92 MONDELEZ INTL INC 85,852 3,769,000 0.25%
93 TEXAS INSTRS INC 53,296 3,740,000 0.25%
94 NEWMARKET CORP 8,500 3,649,000 0.25%
95 APACHE CORP 54,838 3,503,000 0.24%
96 COCA COLA CO 79,890 3,381,000 0.23%
97 KEYSIGHT TECHNOLOGIES INC COM 105,276 3,336,000 0.23%
98 ALBEMARLE CORP 39,000 3,334,000 0.23%
99 VODAFONE GROUP PLC NEW 113,795 3,317,000 0.22%
100 HAIN CELESTIAL GROUP INC 91,046 3,239,000 0.22%
Page 2 of 6

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001034642-16-000009, filed 2016.11.10).

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.