SALEM INVESTMENT COUNSELORS INC Information

POP BOX 25427, WINSTON SALEM, North Carolina, 27114-5427, (336) 768-7230

Report Date: 03/31/2014

Position Statistics

Total Positions 307
New Positions 35
Increased Positions 136
Decreased Positions 82
Positions with Activity 218
Sold Out Positions 13
Total Mkt Value (in $ millions) 831

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

Sector Weighting

Basic Materials 4.03%
Capital Goods 6.24%
Conglomerates 0.05%
Consumer Cyclical 2.19%
Consumer/Non-Cyclical 11.58%
Energy 8.49%
Financial 24.83%
Healthcare 8.88%
Services 11.8%
Technology 17.47%
Transportation 0.14%
Utilities 3.32%

82 DECREASED Positions as of 03/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
PEPSICO INC COM 27,958 -182 (0.65) 317,340
3M CO COM 17,118 -128 (0.74) 121,497
KEURIG GREEN MTN INC COM 13,483 -3,319 (19.75) 113,040
WALGREEN CO COM 12,657 -123 (0.96) 184,046
MERCK & CO INC NEW COM 11,701 -106 (0.9) 206,221
INTEL CORP COM 11,361 -6 (0.05) 335,226
PROCTER & GAMBLE CO COM 11,147 -197 (1.73) 144,161
PFIZER INC COM 10,123 -7 (0.07) 352,706
ISHARES TR MSCI EMG MKT ETF 7,411 -32 (0.43) 169,116
MCDONALDS CORP COM 6,970 -3,077 (30.63) 73,708
INTERNATIONAL BUSINESS MACHS COM 6,676 -38 (0.57) 34,831
HATTERAS FINL CORP COM 6,616 -66 (0.99) 345,475
COCA COLA CO COM 6,309 -471 (6.95) 160,585
DEVON ENERGY CORP NEW COM 6,291 -1,568 (19.95) 83,322
BRISTOL MYERS SQUIBB CO COM 4,883 -207 (4.07) 96,473
HUNTSMAN CORP COM 4,406 -869 (16.47) 169,130
TARGA RESOURCES PARTNERS LP COM UNIT 4,146 -201 (4.62) 61,985
BHP BILLITON PLC SPONSORED ADR 3,775 -60 (1.56) 55,389
KINDER MORGAN ENERGY PARTNERS UT LTD PARTNER 3,696 -16 (0.44) 45,615
SYSCO CORP COM 3,617 -303 (7.73) 101,337