Dark
Light
System
Institutional Investment Manager
CULLINAN ASSOCIATES INC
CULLINAN ASSOCIATES INC (CIK: 0001161670) incorporated in Kentucky, located at 295 N. Hubbards Lane, Louisville, KY. Institutional holdings reported to the SEC.

Institutional Holdings (2015Q4)
Original 13F HR (0001161670-16-000005) filed in 2016.01.12
#
Name
Shares
Value ($)
%
Options
Notes
151 Quick-Med Technologics 100,577 1 0.00%
152 REYNOLDS AMERICAN INC 8,528 394 0.03%
153 SANDISK CORP 17,500 1,330 0.12%
154 SCHLUMBERGER LTD 47,340 3,302 0.29%
155 SEALED AIR CORP NEW 9,200 410 0.04%
156 SIMON PPTY GROUP INC NEW 31,042 6,036 0.53%
157 SMUCKER J M CO 2,100 259 0.02%
158 SOUTHERN CO 59,050 2,763 0.24%
159 SOUTHWESTERN ENERGY CO 11,400 81 0.01%
160 SPDR S&P 500 ETF TR 35,781 7,295 0.64%
161 ST JUDE MED INC 23,760 1,468 0.13%
162 STANLEY BLACK &DECKER INC 24,620 2,628 0.23%
163 STARBUCKS CORP 187,885 11,279 0.98%
164 STARWOOD HOTELS & RESORTS WORLDWIDE INC COM 16,800 1,164 0.10%
165 STATE STR CORP 8,265 548 0.05%
166 STERICYCLE INC 15,960 1,925 0.17%
167 STRYKER CORP 6,425 597 0.05%
168 SUNTRUST BKS INC 206,200 8,834 0.77%
169 SYSCO CORP 96,800 3,969 0.35%
170 TARGET CORP 33,200 2,411 0.21%
171 TEXAS INSTRS INC 136,000 7,454 0.65%
172 THERMO FISHER SCIENTIFIC INC 19,030 2,699 0.23%
173 TIFFANY & CO NEW 14,100 1,076 0.09%
174 TJX COS INC NEW 25,050 1,776 0.15%
175 TORONTO DOMINION BK ONT 8,718 341 0.03%
176 TRAVELERS COMPANIES INC 9,516 1,074 0.09%
177 Time Warner Inc. 11,584 749 0.07%
178 UBS AG 61,700 1,195 0.10%
179 UNION PAC CORP 40,590 3,174 0.28%
180 UNITED PARCEL SERVICE INC 239,002 22,999 2.00%
181 UNITED TECHNOLOGIES CORP 52,686 5,062 0.44%
182 UNITEDHEALTH GROUP INC 25,950 3,053 0.27%
183 US BANCORP DEL 243,417 10,387 0.90%
184 V F CORP 144,424 8,990 0.78%
185 VALERO ENERGY CORP NEW 60,510 4,279 0.37%
186 VERIZON COMMUNICATIONS INC 159,937 7,392 0.64%
187 VERTEX PHARMACEUTICALS INC 100,687 12,669 1.10%
188 VULCAN MATLS CO 56,323 5,349 0.47%
189 WAL-MART STORES INC 3,377,273 207,027 18.02%
190 WELLS FARGO & CO NEW 182,205 9,905 0.86%
191 WHOLE FOODS MKT INC 23,100 774 0.07%
192 WPP PLC NEW 5,686 652 0.06%
193 WR GRACE & CO 6,600 657 0.06%
194 XILINX INC 5,650 265 0.02%
195 YUM BRANDS INC 63,520 4,640 0.40%
196 ZIMMER BIOMET HLDGS INC 32,730 3,358 0.29%
Page 4 of 4