CULLINAN ASSOCIATES INC Information

295 N. HUBBARDS LANE, LOUISVILLE, Kentucky, 40207, (502) 893-0300

Report Date: 09/30/2014

Position Statistics

Total Positions 99
New Positions 20
Increased Positions 72
Decreased Positions 26
Positions with Activity 98
Sold Out Positions 9
Total Mkt Value (in $ millions) 943

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials 1.11%
Capital Goods 2.62%
Conglomerates
Consumer Cyclical 1.8%
Consumer/Non-Cyclical 16.2%
Energy 9.68%
Financial 4.93%
Healthcare 16.48%
Services 37.68%
Technology 5.09%
Transportation 4.4%
Utilities 0%

99 Positions as of 09/30/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
WAL-MART STORES INC COM 293,745 3,167 1.09 3,389,623
EXXON MOBIL CORP COM 65,113 14,000 27.39 688,376
BRISTOL MYERS SQUIBB CO COM 62,846 58,010 1,199.64 1,062,303
COCA COLA CO COM 59,892 19,596 48.63 1,393,807
PROCTER & GAMBLE CO COM 59,016 11,618 24.51 632,608
UNITED PARCEL SERVICE INC CL B 33,817 -289 (0.85) 300,730
JOHNSON & JOHNSON COM 28,102 5,956 26.89 269,486
ABBOTT LABS COM 13,566 5,661 71.61 296,718
PFIZER INC COM 12,937 6,916 114.87 411,347
3M CO COM 12,918 5,702 79.01 77,413
MICROSOFT CORP COM 12,261 -4,605 (27.3) 253,063
BB&T CORP COM 11,209 4,445 65.72 285,640
COLGATE PALMOLIVE CO COM 10,870 5,011 85.52 153,100
MERCK & CO INC NEW COM 10,277 1,878 22.37 179,633
COMCAST CORP NEW CL A 10,159 6,355 167.06 175,456
DISNEY WALT CO COM DISNEY 9,487 7,437 362.79 100,195
V F CORP COM 8,981 8,981 New 120,325
PEPSICO INC COM 8,895 3,211 56.48 91,362
VERIZON COMMUNICATIONS INC COM 8,823 3,260 58.60 185,095
JPMORGAN CHASE & CO COM 8,021 3,470 76.24 128,378