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Institutional Investment Manager
PALLADIUM PARTNERS LLC
PALLADIUM PARTNERS LLC (CIK: 0001436871) incorporated in Virginia, located at 999 Waterside Drive Suite 1000, Norfolk, VA. Institutional holdings reported to the SEC.

Institutional Holdings (2015Q2)
Portfolio Summary: 242 holdings with a total value of $1,120,142,000.
#
Name
Shares
Value ($)
%
Options
Notes
151 KINDER MORGAN INC DEL 84,440 3,241,000 0.29%
152 CSX CORP 100,232 3,273,000 0.29%
153 BANK AMER CORP 195,602 3,329,000 0.30%
154 PNC FINL SVCS GROUP INC 34,938 3,342,000 0.30%
155 GENERAL DYNAMICS CORP 23,633 3,349,000 0.30%
156 CUMMINS INC 25,850 3,391,000 0.30%
157 MCDONALDS CORP 35,919 3,415,000 0.30%
158 ABBVIE INC 52,608 3,535,000 0.32%
159 CATERPILLAR INC 42,382 3,595,000 0.32%
160 QUALCOMM INC 59,348 3,717,000 0.33%
161 EATON CORP PLC 58,973 3,980,000 0.36%
162 AUTOMATIC DATA PROCESSING IN 49,855 4,000,000 0.36%
163 ACE LTD 40,175 4,085,000 0.36%
164 BT GROUP PLC 57,900 4,105,000 0.37%
165 SCHLUMBERGER LTD 48,636 4,192,000 0.37%
166 BB&T CORP 108,100 4,357,000 0.39%
167 UDR INC 136,491 4,372,000 0.39%
168 ARCHER DANIELS MIDLAND CO 91,341 4,405,000 0.39%
169 BRISTOL MYERS SQUIBB CO 67,332 4,480,000 0.40%
170 DEVON ENERGY CORP NEW 81,092 4,824,000 0.43%
171 MASTERCARD INCORPORATED 52,167 4,877,000 0.44%
172 VANGUARD SPECIALIZED FUNDS 64,245 5,048,000 0.45%
173 EVERSOURCE ENERGY 115,523 5,246,000 0.47%
174 UNITED TECHNOLOGIES CORP 47,980 5,322,000 0.48%
175 MARATHON PETE CORP 102,586 5,366,000 0.48%
176 DOMINION ENERGY INC 81,300 5,436,000 0.49%
177 ISHARES TR 139,178 5,514,000 0.49%
178 BERKSHIRE HATHAWAY INC DEL 43,075 5,863,000 0.52%
179 MERCK & CO INC 103,113 5,871,000 0.52%
180 ISHARES TR 57,123 6,017,000 0.54%
181 VERIZON COMMUNICATIONS INC 131,996 6,153,000 0.55%
182 COMCAST CORP NEW 103,209 6,207,000 0.55%
183 FOOT LOCKER INC 94,588 6,338,000 0.57%
184 CANADIAN NATL RY CO 110,149 6,361,000 0.57%
185 TRAVELERS COMPANIES INC 65,918 6,372,000 0.57%
186 TYSON FOODS INC 149,915 6,391,000 0.57%
187 GILEAD SCIENCES INC 54,839 6,421,000 0.57%
188 PROCTER AND GAMBLE CO 84,956 6,647,000 0.59%
189 PEPSICO INC 71,615 6,685,000 0.60%
190 LINCOLN NATL CORP IND 118,304 7,006,000 0.63%
191 DirectTV Com 75,643 7,019,000 0.63%
192 AVNET INC 171,769 7,061,000 0.63%
193 STRYKER CORP 75,292 7,196,000 0.64%
194 VIACOM INC NEW 111,975 7,238,000 0.65%
195 INTERNATIONAL BUSINESS MACHS 44,975 7,315,000 0.65%
196 BP PLC 184,634 7,378,000 0.66%
197 ISHARES 5-10 YEAR INVESTMENT GRADE CORPORATE BOND ETF 69,699 7,587,000 0.68%
198 SOUTHWEST AIRLS CO 230,128 7,615,000 0.68%
199 ISHARES TR 82,922 7,646,000 0.68%
200 METLIFE INC 140,303 7,855,000 0.70%
Page 4 of 5

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001436871-15-000006, filed 2015.07.28).

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.