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Portfolio (Quarterly) Guide ↗

SALEM INVESTMENT COUNSELORS INC

· CIK 0000884423
13F Portfolio $3.5B AUM Filed Jan 12, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 391 New
Page 12 of 20  ·  391 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
221 EXPAND ENERGY CORPORATION 7,992.0 $882K 0.03% NEW $110.36
222 RY ROYAL BK CDA Financial Services 5,167.0 $881K 0.03% NEW $170.49 +26.4%
223 T AT&T INC Communication Services 35,458.0 $881K 0.03% NEW $24.84 -12.3%
224 TJX TJX COS INC NEW Consumer Cyclical 5,713.0 $878K 0.03% NEW $153.61 +0.5%
225 MA MASTERCARD INCORPORATED Financial Services 1,505.0 $859K 0.02% NEW $570.88 -4.8%
226 GL GLOBE LIFE INC Financial Services 6,000.0 $839K 0.02% NEW $139.86 +32.1%
227 IWB ISHARES TR 2,240.0 $837K 0.02% NEW $373.44 +8.9%
228 CGUS CAPITAL GROUP CORE EQUITY ET 20,769.0 $836K 0.02% NEW $40.23 +9.4%
229 BX BLACKSTONE INC Financial Services 5,409.0 $834K 0.02% NEW $154.14 -17.7%
230 OTIS OTIS WORLDWIDE CORP Industrials 9,502.0 $830K 0.02% NEW $87.35 -15.9%
231 PYPL PAYPAL HLDGS INC Financial Services 14,089.0 $823K 0.02% NEW $58.38 -3.1%
232 LRCX LAM RESEARCH CORP Technology 4,776.0 $819K 0.02% NEW $171.42 +82.8%
233 XLU SELECT SECTOR SPDR TR 18,990.0 $811K 0.02% NEW $42.69 +5.8%
234 SO SOUTHERN CO Utilities 9,296.0 $811K 0.02% NEW $87.20 +9.3%
235 UNP UNION PAC CORP Industrials 3,493.0 $808K 0.02% NEW $231.32 +30.4%
236 ULST SSGA ACTIVE ETF TR 19,646.0 $796K 0.02% NEW $40.51 -0.3%
237 KVUE KENVUE INC Consumer Defensive 45,703.0 $788K 0.02% NEW $17.25 +10.0%
238 DFAI DIMENSIONAL ETF TRUST 20,569.0 $784K 0.02% NEW $38.11 +8.5%
239 SHW SHERWIN WILLIAMS CO Basic Materials 2,403.0 $779K 0.02% NEW $324.03 +2.2%
240 XHLF BONDBLOXX ETF TRUST 15,261.0 $769K 0.02% NEW $50.41 -0.3%
Page 12 of 20  ·  391 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 36.0%
Consumer Cyclical 18.4%
Communication Services 11.3%
Healthcare 10.0%
Financial Services 9.9%
Industrials 5.3%
Consumer Defensive 4.7%
Energy 2.1%
Basic Materials 1.3%
Utilities 0.7%