Vault-13

SALEM CAPITAL MANAGEMENT INC

WOBURN, MA · CIK 1049648 · 13F filing filed 2022-11-29

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

$126.3m reported value
55positions
46.1%in top 10
—no comparable previous quarter

Holdings, Q3 2022

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#SecurityTickerShares Value% of portfolioChangeShares change
1 MICROSOFT CORP COM MSFT MSFT 38,061 $8.9m7.02% 7.02% —
2 MERCK & CO INC COM MRK MRK 81,739 $7.0m5.57% 5.57% —
3 PFIZER INC COM PFE PFE 138,274 $6.1m4.79% 4.79% —
4 BANK AMERICA CORP COM BAC BAC 197,540 $6.0m4.72% 4.72% —
5 HONEYWELL INTL INC COM COM 33,483 $5.6m4.43% 4.43% —
6 WEYERHAEUSER CO MTN BE COM NEW WY WY 186,317 $5.3m4.21% 4.21% —
7 CISCO SYS INC COM CSCO CSCO 131,290 $5.3m4.16% 4.16% —
8 PIONEER NAT RES CO COM PXD PXD 22,350 $4.8m3.83% 3.83% —
9 DEVON ENERGY CORP NEW COM DVN DVN 79,887 $4.8m3.80% 3.80% —
10 CORNING INC COM GLW GLW 154,499 $4.5m3.55% 3.55% —
11 LOWES COS INC COM LOW LOW 22,524 $4.2m3.35% 3.35% —
12 CHEVRON CORP NEW COM CVX CVX 27,902 $4.0m3.17% 3.17% —
13 PACCAR INC COM PCAR PCAR 42,690 $3.6m2.83% 2.83% —
14 JOHNSON & JOHNSON COM JNJ JNJ 20,826 $3.4m2.69% 2.69% —
15 INTERNATIONAL PAPER CO COM IP IP 107,258 $3.4m2.69% 2.69% —
16 FREEPORT-MCMORAN INC CL B FCX FCX 119,599 $3.3m2.59% 2.59% —
17 BORGWARNER INC COM BWA BWA 102,899 $3.2m2.56% 2.56% —
18 VERIZON COMMUNICATIONS INC COM VZ VZ 79,415 $3.0m2.39% 2.39% —
19 JPMORGAN CHASE & CO COM JPM JPM 28,153 $2.9m2.33% 2.33% —
20 TRUIST FINL CORP COM TFC TFC 65,708 $2.9m2.26% 2.26% —
21 WESTROCK CO COM WRK WRK 91,267 $2.8m2.23% 2.23% —
22 SCHLUMBERGER LTD COM STK SLB SLB 73,049 $2.6m2.08% 2.08% —
23 COSTCO WHSL CORP NEW COM COST COST 5,111 $2.4m1.91% 1.91% —
24 Eaton Corp. PLC COM COM 17,768 $2.4m1.88% 1.88% —
25 RTX CORPORATION COM RTX RTX 28,542 $2.3m1.85% 1.85% —
26 NOKIA CORP SPONSORED ADR NOK NOK 531,484 $2.3m1.80% 1.80% —
27 APTIV PLC SHS 99911EUR 99911EUR 27,698 $2.2m1.71% 1.71% —
28 ABBOTT LABS COM ABT ABT 16,096 $1.6m1.23% 1.23% —
29 PAYCHEX INC COM PAYX PAYX 12,845 $1.4m1.14% 1.14% —
30 EOG RES INC COM EOG EOG 11,450 $1.3m1.01% 1.01% —
31 NOVARTIS AG SPONSORED ADR NVS NVS 16,377 $1.2m0.99% 0.99% —
32 HOME DEPOT INC COM HD HD 3,825 $1.1m0.84% 0.84% —
33 APPLE INC COM AAPL AAPL 7,260 $1.0m0.79% 0.79% —
34 ELI LILLY & CO COM LLY LLY 2,897 $937.0k0.74% 0.74% —
35 BROADCOM INC COM AVGO AVGO 1,780 $790.0k0.63% 0.63% —
36 PAYPAL HLDGS INC COM PYPL PYPL 8,625 $742.0k0.59% 0.59% —
37 ANALOG DEVICES INC COM ADI ADI 4,619 $644.0k0.51% 0.51% —
38 PROCTER AND GAMBLE CO COM PG PG 4,430 $559.0k0.44% 0.44% —
39 AUTOMATIC DATA PROCESSING IN COM ADP ADP 2,393 $541.0k0.43% 0.43% —
40 COLGATE PALMOLIVE CO COM CL CL 7,233 $508.0k0.40% 0.40% —
41 NATIONAL FUEL GAS CO COM NFG NFG 7,778 $479.0k0.38% 0.38% —
42 CVS HEALTH CORP COM CVS CVS 4,805 $458.0k0.36% 0.36% —
43 PNC FINL SVCS GROUP INC COM PNC PNC 3,050 $456.0k0.36% 0.36% —
44 Nestle SA ADR COM NSRGY NSRGY 3,875 $417.0k0.33% 0.33% —
45 CONOCOPHILLIPS COM COP COP 4,000 $409.0k0.32% 0.32% —
46 AVALONBAY CMNTYS INC COM AVB AVB 1,914 $353.0k0.28% 0.28% —
47 KIMBERLY-CLARK CORP COM KMB KMB 3,049 $343.0k0.27% 0.27% —
48 NEXTERA ENERGY INC COM NEE NEE 4,000 $314.0k0.25% 0.25% —
49 FEDEX CORP COM FDX FDX 1,800 $267.0k0.21% 0.21% —
50 ABBVIE INC COM ABBV ABBV 1,900 $255.0k0.20% 0.20% —
51 STRYKER CORPORATION COM SYK SYK 1,217 $246.0k0.19% 0.19% —
52 COCA COLA CO COM KO KO 4,359 $244.0k0.19% 0.19% —
53 BANK NEW YORK MELLON CORP COM BNY BNY 5,700 $220.0k0.17% 0.17% —
54 GENERAL MLS INC COM GIS GIS 2,800 $215.0k0.17% 0.17% —
55 CINTAS CORP COM CTAS CTAS 550 $214.0k0.17% 0.17% —