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SALEM CAPITAL MANAGEMENT INC Last Quarter Change: USA Stocks, Added

SALEM CAPITAL MANAGEMENT INC quarter change: USA Stocks, Added

In share positions in stocks (listed in the US), from the quarter ended 2016-06-30 to 2016-09-30, SALEM CAPITAL MANAGEMENT INC opened 3 positions, added to 12, reduced 24, sold out of 3 and left 15 unchanged. The largest increase in value was WSM (+$4,319,000); the largest decrease was NVS (-$959,000).

  • BAC: Country of operation United States; Class COM; Shares 2016-06-30 290,541; Shares 2016-09-30 313,091.
  • INTC: Country of operation United States; Class COM; Shares 2016-06-30 160,029; Shares 2016-09-30 163,029.
  • GLW: Country of operation United States; Class COM; Shares 2016-06-30 194,525; Shares 2016-09-30 199,025.
  • DVN: Country of operation United States; Class COM; Shares 2016-06-30 83,918; Shares 2016-09-30 84,268.

Two Form 13F-HR filings compared (SEC CIK 1049648): 2016-06-30 (filed 2016-07-11) and 2016-09-30 (filed 2016-10-11). Rows for the same security, class and put/call are added together. Value change is the filed value at each quarter end, so it includes the price move; share change is the position change.

StockCountry of operationClassShares 2016-06-30Shares 2016-09-30Share changeValue 2016-06-30Value 2016-09-30Value change
BAC
Bank of America Corp.
United StatesCOM290,541313,091+22,550$3,855,000$4,900,000+$1,045,000
INTC
Intel
United StatesCOM160,029163,029+3,000$5,249,000$6,154,000+$905,000
GLW
Corning
United StatesCOM194,525199,025+4,500$3,984,000$4,707,000+$723,000
DVN
Devon Energy
United StatesCOM83,91884,268+350$3,042,000$3,717,000+$675,000
WY
Weyerhaeuser Co.
United StatesCOM254,982257,632+2,650$7,591,000$8,229,000+$638,000
MRK
Merck & Co.
United StatesCOM117,484117,534+50$6,768,000$7,335,000+$567,000
PHG
Philips
COM75,17580,416+5,241$1,875,000$2,380,000+$505,000
JPM
JP Morgan Chase & Co.
United StatesCOM15,01818,218+3,200$933,000$1,213,000+$280,000
PFE
Pfizer Inc.
United StatesCOM204,469204,949+480$7,199,000$6,942,000-$257,000
VZ
Verizon Communications
United StatesCOM77,15679,081+1,925$4,308,000$4,111,000-$197,000
VOD
Vodafone Group PLC ADR
COM136,868141,837+4,969$4,228,000$4,135,000-$93,000
PYPL
PayPal Holdings Inc.
United StatesCOM13,92514,575+650$508,000$597,000+$89,000

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