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Portfolio (Quarterly) Guide ↗

SALEM INVESTMENT COUNSELORS INC

· CIK 0000884423
13F Portfolio $3.4B AUM 1,238 positions Filed Apr 29, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 850 New 106 Added 110 Reduced 3 Exited
Page 60 of 62  ·  1,238 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1181 PHG KONINKLIJKE PHILIPS N V Healthcare 15.0 $411.0 NEW $27.40 -2.3%
1182 NOK NOKIA CORP Technology 50.0 $402.0 NEW $8.04 +67.8%
1183 RMR RMR GROUP INC Real Estate 25.0 $390.0 NEW $15.60 +31.1%
1184 GRFS GRIFOLS S A Healthcare 47.0 $377.0 NEW $8.02 -7.7%
1185 BBIO BRIDGEBIO PHARMA INC Healthcare 5.0 $372.0 NEW $74.40 -10.9%
1186 FMS FRESENIUS MEDICAL CARE AG Healthcare 16.0 $361.0 NEW $22.56 +4.6%
1187 AMERICA MOVIL SAB DE CV 14.0 $357.0 NEW $25.50
1188 BSET BASSETT FURNITURE INDS INC Consumer Cyclical 25.0 $354.0 NEW $14.16 +10.5%
1189 SAP SAP SE Technology 2.0 $343.0 NEW $171.50 -9.5%
1190 TR TOOTSIE ROLL INDS INC Consumer Defensive 8.0 $342.0 NEW $42.75 -15.2%
1191 QS QUANTUMSCAPE CORP Consumer Cyclical 52.0 $332.0 NEW $6.38 +25.9%
1192 BH BIGLARI HLDGS INC Consumer Cyclical 1.0 $330.0 NEW $330.00 +0.8%
1193 CAE CAE INC Industrials 12.0 $313.0 NEW $26.08 -3.9%
1194 PTY PIMCO CORPORATE & INCOME OPP Financial Services 25.0 $302.0 NEW $12.08 -2.5%
1195 TCOM TRIP COM GROUP LTD Consumer Cyclical 6.0 $299.0 NEW $49.83 -9.5%
1196 EMBJ EMBRAER S.A. Industrials 5.0 $297.0 NEW $59.40 +2.2%
1197 OTEX OPEN TEXT CORP Technology 13.0 $290.0 NEW $22.31 -7.3%
1198 DEFI TECHNOLOGIES INC 500.0 $277.0 NEW $0.55
1199 SNN SMITH & NEPHEW PLC Healthcare 8.0 $259.0 NEW $32.38 -7.1%
1200 AEBI SCHMIDT HLDG AG 26.0 $253.0 NEW $9.73
Page 60 of 62  ·  1,238 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 33.9%
Consumer Cyclical 18.6%
Communication Services 10.6%
Healthcare 9.8%
Financial Services 9.5%
Industrials 6.4%
Consumer Defensive 5.3%
Energy 2.9%
Basic Materials 1.6%
Utilities 0.9%