SALEM INVESTMENT COUNSELORS INC

PrivateCIK: 884423

Location

WINSTON SALEM, NC

1148

Positions

$2.76B

Total AUM (reported)

23.36M

Total Shares

Allocation by class

COM$1.76B63.6%

CL A$217.25M7.9%

CAP STK CL C$142.14M5.1%

CAP STK CL A$77.38M2.8%

COM NEW$50.33M1.8%

SHS$45.41M1.6%

ORD SHS CL A$30.36M1.1%

Portfolio Concentration

Top 3$716.92M26.0%

4–10$606.72M22.0%

11–25$461.33M16.7%

Rest$976.67M35.4%

Top 3 weight

26.0%

Top 10 weight

47.9%

Voting Authority Distribution

Total shares with voting rights: 23.36M

Sole

Full voting authority

15.19M

% of voting shares65.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

8.18M

% of voting shares35.0%

Investment Discretion (by position count)

Sole1148

Shared0

Other0

Dominant voting typeSole · 65.0% of voting shares

Institutional Holdings1148

Rows:

LOWES COS INC

SOLE

COM

Shares1.39M

TypeSH

Market value$329.48M

11.93%

Sole

381.88K

Shared

0.00

None

1.01M

NVIDIA CORPORATION

SOLE

COM

Shares1.39M

TypeSH

Market value$242.52M

8.78%

Sole

1.10M

Shared

0.00

None

286.49K

MICROSOFT CORP

SOLE

COM

Shares391.49K

TypeSH

Market value$144.92M

5.25%

Sole

311.80K

Shared

0.00

None

79.69K

ALPHABET INC

SOLE

CAP STK CL C

Shares495.50K

TypeSH

Market value$142.14M

5.15%

Sole

387.27K

Shared

0.00

None

108.23K

META PLATFORMS INC

SOLE

CL A

Shares156.79K

TypeSH

Market value$89.70M

3.25%

Sole

122.08K

Shared

0.00

None

34.71K

PALANTIR TECHNOLOGIES INC

SOLE

CL A

Shares579.80K

TypeSH

Market value$84.81M

3.07%

Sole

429.08K

Shared

0.00

None

150.72K

ALPHABET INC

SOLE

CAP STK CL A

Shares269.07K

TypeSH

Market value$77.38M

2.80%

Sole

194.22K

Shared

0.00

None

74.86K

ELI LILLY & CO

SOLE

COM

Shares78.55K

TypeSH

Market value$72.25M

2.62%

Sole

60.85K

Shared

0.00

None

17.70K

JPMORGAN CHASE & CO

SOLE

COM

Shares241.39K

TypeSH

Market value$71.01M

2.57%

Sole

179.82K

Shared

0.00

None

61.57K

MICRON TECHNOLOGY INC

SOLE

COM

Shares205.44K

TypeSH

Market value$69.43M

2.51%

Sole

171.87K

Shared

0.00

None

33.57K

PEPSICO INC

SOLE

COM

Shares284.75K

TypeSH

Market value$44.22M

1.60%

Sole

224.67K

Shared

0.00

None

60.08K

JOHNSON & JOHNSON

SOLE

COM

Shares176.67K

TypeSH

Market value$43.18M

1.56%

Sole

135.67K

Shared

0.00

None

41K

WALMART INC

SOLE

COM

Shares333.32K

TypeSH

Market value$41.50M

1.50%

Sole

275.52K

Shared

0.00

None

57.81K

GREEN BRICK PARTNERS INC

SOLE

COM

Shares641.86K

TypeSH

Market value$41.37M

1.50%

Sole

492K

Shared

0.00

None

149.85K

CATERPILLAR INC

SOLE

COM

Shares48.92K

TypeSH

Market value$34.66M

1.26%

Sole

35.46K

Shared

0.00

None

13.46K

NU HLDGS LTD

SOLE

ORD SHS CL A

Shares2.11M

TypeSH

Market value$30.36M

1.10%

Sole

1.23M

Shared

0.00

None

879.20K

INTUITIVE SURGICAL INC

SOLE

COM NEW

Shares62.80K

TypeSH

Market value$28.95M

1.05%

Sole

43.26K

Shared

0.00

None

19.55K

ABBVIE INC

SOLE

COM

Shares131.90K

TypeSH

Market value$28.69M

1.04%

Sole

104.86K

Shared

0.00

None

27.04K

TAIWAN SEMICONDUCTOR MANUFAC

SOLE

VISA INC

SOLE

COM CL A

Shares81.80K

TypeSH

Market value$24.72M

0.90%

Sole

62.79K

Shared

0.00

None

19.01K

COSTCO WHOLESALE CORPORATION

SOLE

COM

Shares24.62K

TypeSH

Market value$24.53M

0.89%

Sole

15.62K

Shared

0.00

None

SCHWAB STRATEGIC TR

SOLE

US LRG CAP ETF

Shares940.05K

TypeSH

Market value$24.10M

0.87%

Sole

672.76K

Shared

0.00

None

267.30K

LENNAR CORP

SOLE

CL A

Shares262.41K

TypeSH

Market value$22.79M

0.83%

Sole

213.37K

Shared

0.00

None

49.04K

SMURFIT WESTROCK PLC

SOLE

SHS

Shares570.56K

TypeSH

Market value$22.74M

0.82%

Sole

309.15K

Shared

0.00

None

261.41K

MERCK & CO INC

SOLE

COM

Shares176.37K

TypeSH

Market value$21.35M

0.77%

Sole

131.77K

Shared

0.00

None

44.60K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
LOWES COS INCSOLE	COM	1.39M	SH	$329.48M 11.93%	381.88K	1.01M
NVIDIA CORPORATIONSOLE	COM	1.39M	SH	$242.52M 8.78%	1.10M	286.49K
MICROSOFT CORPSOLE	COM	391.49K	SH	$144.92M 5.25%	311.80K	79.69K
ALPHABET INCSOLE	CAP STK CL C	495.50K	SH	$142.14M 5.15%	387.27K	108.23K
META PLATFORMS INCSOLE	CL A	156.79K	SH	$89.70M 3.25%	122.08K	34.71K
PALANTIR TECHNOLOGIES INCSOLE	CL A	579.80K	SH	$84.81M 3.07%	429.08K	150.72K
ALPHABET INCSOLE	CAP STK CL A	269.07K	SH	$77.38M 2.80%	194.22K	74.86K
ELI LILLY & COSOLE	COM	78.55K	SH	$72.25M 2.62%	60.85K	17.70K
JPMORGAN CHASE & COSOLE	COM	241.39K	SH	$71.01M 2.57%	179.82K	61.57K
MICRON TECHNOLOGY INCSOLE	COM	205.44K	SH	$69.43M 2.51%	171.87K	33.57K
PEPSICO INCSOLE	COM	284.75K	SH	$44.22M 1.60%	224.67K	60.08K
JOHNSON & JOHNSONSOLE	COM	176.67K	SH	$43.18M 1.56%	135.67K	41K
WALMART INCSOLE	COM	333.32K	SH	$41.50M 1.50%	275.52K	57.81K
GREEN BRICK PARTNERS INCSOLE	COM	641.86K	SH	$41.37M 1.50%	492K	149.85K
CATERPILLAR INCSOLE	COM	48.92K	SH	$34.66M 1.26%	35.46K	13.46K
NU HLDGS LTDSOLE	ORD SHS CL A	2.11M	SH	$30.36M 1.10%	1.23M	879.20K
INTUITIVE SURGICAL INCSOLE	COM NEW	62.80K	SH	$28.95M 1.05%	43.26K	19.55K
ABBVIE INCSOLE	COM	131.90K	SH	$28.69M 1.04%	104.86K	27.04K
TAIWAN SEMICONDUCTOR MANUFACSOLE	SPONSORED ADS	83.32K	SH	$28.17M 1.02%	53.73K	29.59K
VISA INCSOLE	COM CL A	81.80K	SH	$24.72M 0.90%	62.79K	19.01K
COSTCO WHOLESALE CORPORATIONSOLE	COM	24.62K	SH	$24.53M 0.89%	15.62K	9K
SCHWAB STRATEGIC TRSOLE	US LRG CAP ETF	940.05K	SH	$24.10M 0.87%	672.76K	267.30K
LENNAR CORPSOLE	CL A	262.41K	SH	$22.79M 0.83%	213.37K	49.04K
SMURFIT WESTROCK PLCSOLE	SHS	570.56K	SH	$22.74M 0.82%	309.15K	261.41K
MERCK & CO INCSOLE	COM	176.37K	SH	$21.35M 0.77%	131.77K	44.60K

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