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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 2 of 20  ·  391 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 ISRG INTUITIVE SURGICAL INC Healthcare 61,958.0 $35.1M 0.99% NEW $566.36 -29.0%
22 NU NU HLDGS LTD Financial Services 2,087,012.0 $34.9M 0.99% NEW $16.74 -17.6%
23 ALAB ASTERA LABS INC Technology 182,325.0 $30.3M 0.86% NEW $166.36 +82.8%
24 ABBV ABBVIE INC Healthcare 131,607.0 $30.1M 0.85% NEW $228.49 +11.4%
25 V VISA INC Financial Services 80,813.0 $28.3M 0.80% NEW $350.71 +3.7%
26 CAT CATERPILLAR INC Industrials 49,130.0 $28.1M 0.80% NEW $572.87 +53.1%
27 LEN LENNAR CORP Consumer Cyclical 261,972.0 $26.9M 0.76% NEW $102.80 -15.9%
28 SCHX SCHWAB STRATEGIC TR 937,188.0 $25.2M 0.71% NEW $26.91 +8.7%
29 TSM TAIWAN SEMICONDUCTOR MFG LTD Technology 81,844.0 $24.9M 0.70% NEW $303.99 +29.0%
30 MGK VANGUARD WORLD FD 54,891.0 $22.7M 0.64% NEW $412.77 -79.1%
31 SMURFIT WESTROCK PLC 554,057.0 $21.4M 0.60% NEW $38.67
32 ACN ACCENTURE PLC IRELAND Technology 78,202.0 $21.0M 0.59% NEW $268.30 -46.0%
33 COST COSTCO WHSL CORP NEW Consumer Defensive 24,132.0 $20.8M 0.59% NEW $862.33 +11.5%
34 CSCO CISCO SYS INC Technology 269,373.0 $20.7M 0.59% NEW $77.03 +42.0%
35 SPY SPDR S&P 500 ETF TR Financial Services 29,945.0 $20.5M 0.58% NEW $683.57 +8.6%
36 VO VANGUARD INDEX FDS 70,071.0 $20.3M 0.57% NEW $290.22 -72.4%
37 MRK MERCK & CO INC Healthcare 188,483.0 $20.0M 0.56% NEW $106.00 +20.5%
38 QCOM QUALCOMM INC Technology 113,462.0 $19.4M 0.55% NEW $171.05 -2.6%
39 VB VANGUARD INDEX FDS 74,674.0 $19.3M 0.54% NEW $257.95 +15.5%
40 SCHM SCHWAB STRATEGIC TR 634,996.0 $19.1M 0.54% NEW $30.07 +16.0%
Page 2 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%