We are live on ! Find out more
SIC

Salem Investment Counselors Portfolio holdings

AUM $4.03B
1-Year Est. Return 61.49%
This Fund
S&P 500
This Quarter Est. Return
+16.3%
1 Year Est. Return
+61.49%
3 Year Est. Return
+158.64%
5 Year Est. Return
+203.54%
10 Year Est. Return
+1,118.52%
AUM
$3.05B
AUM Growth
+$127M
Cap. Flow
-$241M
Cap. Flow %
-7.91%
Top 10 Hldgs %
48.62%
Holding
1,243
New
134
Increased
267
Reduced
242
Closed
74

Top Buys

Rank Stock Value
1
AEP icon
American Electric Power
AEP
+$4.87M
2
EVH icon
Evolent Health
EVH
+$3.54M
3
DNA icon
Ginkgo Bioworks
DNA
+$3.23M
4
GEHC icon
GE HealthCare
GEHC
+$2.97M
5
PNC icon
PNC Financial Services
PNC
+$2.79M

Top Sells

Rank Stock Value
1
LOW icon
Lowe's Companies
LOW
+$288M
2
ABNB icon
Airbnb
ABNB
+$2.33M
3
DFS
Discover Financial Services
DFS
+$2.12M
4
SPLK
Splunk Inc
SPLK
+$1.31M
5
VKTX icon
Viking Therapeutics
VKTX
+$1.24M

Sector Composition

Rank Sector Weight
1 Consumer Discretionary 27.71%
2 Technology 24.54%
3 Healthcare 9.5%
4 Financials 9.49%
5 Communication Services 7%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
IXN icon
201
iShares Global Tech ETF
IXN
$9.35B
$987K 0.03%
13,200
– –
EW icon
202
Edwards Lifesciences
EW
$53.6B
$986K 0.03%
10,317
+1,875
+22% +$158K
XLF icon
203
State Street Financial Select Sector SPDR ETF
XLF
$59.1B
$972K 0.03%
23,073
-140
-0.6% -$5.53K
COP icon
204
ConocoPhillips
COP
$153B
$949K 0.03%
7,455
-147
-2% -$16.8K
OTIS icon
205
Otis Worldwide
OTIS
$28.2B
$939K 0.03%
9,459
-164
-2% -$15.2K
GD icon
206
General Dynamics
GD
$107B
$937K 0.03%
3,318
-34
-1% -$9.09K
AXP icon
207
American Express
AXP
$232B
$906K 0.03%
3,979
+25
+0.6% +$5.18K
ULST icon
208
State Street Ultra Short Term Bond ETF
ULST
$526M
$886K 0.03%
+21,885
New +$885K
VOT icon
209
Vanguard Morningstar Mid-Cap Growth ETF
VOT
$20B
$876K 0.03%
3,716
– –
AYI icon
210
Acuity Brands
AYI
$10.8B
$866K 0.03%
3,222
– –
EFA icon
211
iShares MSCI EAFE ETF
EFA
$80.2B
$863K 0.03%
10,805
-524
-5% -$40.1K
VTV icon
212
Vanguard Morningstar Value ETF
VTV
$193B
$851K 0.03%
5,225
-478
-8% -$73.7K
EWJ icon
213
iShares MSCI Japan ETF
EWJ
$23.1B
$845K 0.03%
11,837
– –
SHW icon
214
Sherwin-Williams
SHW
$87.4B
$841K 0.03%
2,422
-80
-3% -$25.5K
SGI
215
Somnigroup International
SGI
$13.5B
$841K 0.03%
14,800
– –
NEM icon
216
Newmont
NEM
$124B
$840K 0.03%
23,432
-508
-2% -$17.5K
UNP icon
217
Union Pacific
UNP
$174B
$834K 0.03%
3,389
+162
+5% +$39.9K
GPN icon
218
Global Payments
GPN
$23.4B
$830K 0.03%
6,210
+835
+16% +$110K
DOV icon
219
Dover
DOV
$28B
$807K 0.03%
4,555
-69
-1% -$11.1K
MA icon
220
Mastercard
MA
$490B
$759K 0.02%
1,576
+148
+10% +$67.7K
IGV icon
221
iShares Expanded Tech-Software Sector ETF
IGV
$14.8B
$748K 0.02%
8,770
+120
+1% +$10.1K
SSB icon
222
SouthState Bank Corp
SSB
$10.7B
$745K 0.02%
8,759
-126
-1% -$10.4K
MELI icon
223
Mercado Libre
MELI
$92.7B
$727K 0.02%
481
+401
+501% +$656K
ALL icon
224
Allstate
ALL
$64.7B
$715K 0.02%
4,111
+33
+0.8% +$5.21K
ELV icon
225
Elevance Health
ELV
$86.6B
$710K 0.02%
1,369
+58
+4% +$28.8K
7 8
9
10 11

Similar funds

JSW
Journey Strategic Wealth Summit, New Jersey $4.03B AUM 33.12% 1-Year Est. Return
BWA
Brave Warrior Advisors New York $4.04B AUM 1.15% 1-Year Est. Return
ICP
Ilex Capital Partners London, United Kingdom $4.06B AUM 6.11% 1-Year Est. Return
CA
CSM Advisors Warrendale, Pennsylvania $4.07B AUM 29.62% 1-Year Est. Return
MAM
Martingale Asset Management Boston, Massachusetts $3.99B AUM 22.65% 1-Year Est. Return
GCM
Glenview Capital Management New York $3.98B AUM 20.52% 1-Year Est. Return
USCWA
U.S. Capital Wealth Advisors Austin, Texas $3.98B AUM 22.36% 1-Year Est. Return
BHC
Bowen Hanes & Co Ponte Vedra Beach, Florida $4.11B AUM 41.61% 1-Year Est. Return

Salem Investment Counselors's Q1 2024 Portfolio in Review

As of Q1 2024, Salem Investment Counselors held 1,243 positions worth $3.05B, up 4.4% from $2.92B the previous quarter. Its ten largest holdings account for 49% of the portfolio.

Salem Investment Counselors withdrew a net $241M in Q1 2024, closing 74 positions and reducing 242 holdings. Its most notable exit was Splunk Inc, an estimated $1.31M position sold in full.

By sector, the portfolio is most concentrated in Consumer Discretionary at 28% of assets, down from 35% a quarter earlier, followed by Technology and Healthcare.

Against the trend, Salem Investment Counselors opened a new position in State Street Ultra Short Term Bond ETF worth $886K.

  • Salem Investment Counselors's largest Q1 2024 buy was State Street Ultra Short Term Bond ETF: 21,885 shares worth $886K.
  • Salem Investment Counselors added most to American Electric Power in Q1 2024, an estimated $4.87M increase.
  • Salem Investment Counselors's biggest Q1 2024 reduction was Lowe's Companies, cutting an estimated $288M.
  • Salem Investment Counselors fully exited Splunk Inc in Q1 2024, selling an estimated $1.31M.
  • Salem Investment Counselors's ten largest holdings make up 49% of its $3.05B portfolio in Q1 2024.
  • Salem Investment Counselors opened 134 new positions and closed 74 in Q1 2024.
  • Salem Investment Counselors's portfolio value rose 4.4% quarter-over-quarter to $3.05B.

Based on Salem Investment Counselors's 13F filing for Q1 2024, filed 11 Apr 2024.