SALEM INVESTMENT COUNSELORS INC

PrivateCIK: 884423

Location

WINSTON SALEM, NC

412

Positions

$4.01B

Total AUM (reported)

27.41M

Total Shares

Allocation by class

COM$2.75B68.6%

CL A$268.03M6.7%

CAP STK CL C$167.21M4.2%

CAP STK CL A$88.43M2.2%

CL B NEW$85.75M2.1%

COM NEW$52.96M1.3%

SHS$48.26M1.2%

Portfolio Concentration

Top 3$878.50M21.9%

4–10$1.04B25.9%

11–25$807.77M20.1%

Rest$1.29B32.1%

Top 3 weight

21.9%

Top 10 weight

47.7%

Voting Authority Distribution

Total shares with voting rights: 27.41M

Sole

Full voting authority

18.59M

% of voting shares67.8%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

8.82M

% of voting shares32.2%

Investment Discretion (by position count)

Sole412

Shared0

Other0

Dominant voting typeSole · 67.8% of voting shares

Institutional Holdings412

Rows:

NVIDIA CORPORATION

SOLE

COM

Shares1.36M

TypeSH

Market value$311.92M

7.77%

Sole

1.07M

Shared

0.00

None

294.86K

APPLE INC

SOLE

COM

Shares928.68K

TypeSH

Market value$309.27M

7.70%

Sole

761.30K

Shared

0.00

None

167.38K

LOWES COS INC

SOLE

COM

Shares1.40M

TypeSH

Market value$257.31M

6.41%

Sole

381.12K

Shared

0.00

None

1.02M

MICROSOFT CORP

SOLE

COM

Shares401.38K

TypeSH

Market value$205.87M

5.13%

Sole

315.56K

Shared

0.00

None

85.81K

MICRON TECHNOLOGY INC

SOLE

COM

Shares172.69K

TypeSH

Market value$183.93M

4.58%

Sole

141.27K

Shared

0.00

None

31.42K

ALPHABET INC

SOLE

CAP STK CL C

Shares490.71K

TypeSH

Market value$167.21M

4.16%

Sole

380.54K

Shared

0.00

None

110.17K

ADVANCED MICRO DEVICES INC

SOLE

COM

Shares250.57K

TypeSH

Market value$153.29M

3.82%

Sole

161.18K

Shared

0.00

None

89.38K

AMAZON COM INC

SOLE

COM

Shares484.64K

TypeSH

Market value$120.75M

3.01%

Sole

378.38K

Shared

0.00

None

106.27K

META PLATFORMS INC

SOLE

CL A

Shares157.50K

TypeSH

Market value$114.21M

2.84%

Sole

122.20K

Shared

0.00

None

35.30K

PALANTIR TECHNOLOGIES INC

SOLE

CL A

Shares496K

TypeSH

Market value$92.78M

2.31%

Sole

392.60K

Shared

0.00

None

103.40K

ELI LILLY & CO

SOLE

COM

Shares78.92K

TypeSH

Market value$91.32M

2.27%

Sole

59.50K

Shared

0.00

None

19.42K

ALPHABET INC

SOLE

CAP STK CL A

Shares257K

TypeSH

Market value$88.43M

2.20%

Sole

190.62K

Shared

0.00

None

66.38K

BERKSHIRE HATHAWAY INC DEL

SOLE

CL B NEW

Shares172.20K

TypeSH

Market value$85.75M

2.14%

Sole

138.68K

Shared

0.00

None

33.51K

JPMORGAN CHASE & CO

SOLE

COM

Shares242.61K

TypeSH

Market value$80.26M

2.00%

Sole

176.89K

Shared

0.00

None

65.72K

BANK OF AMER CORP

SOLE

COM

Shares1.14M

TypeSH

Market value$61.83M

1.54%

Sole

916.07K

Shared

0.00

None

219.84K

ASTERA LABS INC

SOLE

COM

Shares154.72K

TypeSH

Market value$55.08M

1.37%

Sole

114.44K

Shared

0.00

None

40.28K

JOHNSON & JOHNSON

SOLE

COM

Shares177.34K

TypeSH

Market value$46.95M

1.17%

Sole

134.78K

Shared

0.00

None

42.56K

GREEN BRICK PARTNERS INC

SOLE

COM

Shares649.69K

TypeSH

Market value$42.95M

1.07%

Sole

481.29K

Shared

0.00

None

168.39K

RTX CORPORATION

SOLE

COM

Shares219.21K

TypeSH

Market value$40.70M

1.01%

Sole

172.79K

Shared

0.00

None

46.42K

PEPSICO INC

SOLE

COM

Shares314.70K

TypeSH

Market value$39.88M

0.99%

Sole

240.71K

Shared

0.00

None

74K

CATERPILLAR INC

SOLE

COM

Shares48.77K

TypeSH

Market value$39.55M

0.99%

Sole

35.09K

Shared

0.00

None

13.69K

ABBVIE INC

SOLE

COM

Shares133.47K

TypeSH

Market value$34.91M

0.87%

Sole

103.39K

Shared

0.00

None

30.08K

WALMART INC

SOLE

COM

Shares324.88K

TypeSH

Market value$33.76M

0.84%

Sole

266.28K

Shared

0.00

None

58.60K

TAIWAN SEMICONDUCTOR MANUFAC

SOLE

MARVELL TECHNOLOGY INC

SOLE

COM

Shares124.13K

TypeSH

Market value$32.80M

0.82%

Sole

77.93K

Shared

0.00

None

46.20K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
NVIDIA CORPORATIONSOLE	COM	1.36M	SH	$311.92M 7.77%	1.07M	294.86K
APPLE INCSOLE	COM	928.68K	SH	$309.27M 7.70%	761.30K	167.38K
LOWES COS INCSOLE	COM	1.40M	SH	$257.31M 6.41%	381.12K	1.02M
MICROSOFT CORPSOLE	COM	401.38K	SH	$205.87M 5.13%	315.56K	85.81K
MICRON TECHNOLOGY INCSOLE	COM	172.69K	SH	$183.93M 4.58%	141.27K	31.42K
ALPHABET INCSOLE	CAP STK CL C	490.71K	SH	$167.21M 4.16%	380.54K	110.17K
ADVANCED MICRO DEVICES INCSOLE	COM	250.57K	SH	$153.29M 3.82%	161.18K	89.38K
AMAZON COM INCSOLE	COM	484.64K	SH	$120.75M 3.01%	378.38K	106.27K
META PLATFORMS INCSOLE	CL A	157.50K	SH	$114.21M 2.84%	122.20K	35.30K
PALANTIR TECHNOLOGIES INCSOLE	CL A	496K	SH	$92.78M 2.31%	392.60K	103.40K
ELI LILLY & COSOLE	COM	78.92K	SH	$91.32M 2.27%	59.50K	19.42K
ALPHABET INCSOLE	CAP STK CL A	257K	SH	$88.43M 2.20%	190.62K	66.38K
BERKSHIRE HATHAWAY INC DELSOLE	CL B NEW	172.20K	SH	$85.75M 2.14%	138.68K	33.51K
JPMORGAN CHASE & COSOLE	COM	242.61K	SH	$80.26M 2.00%	176.89K	65.72K
BANK OF AMER CORPSOLE	COM	1.14M	SH	$61.83M 1.54%	916.07K	219.84K
ASTERA LABS INCSOLE	COM	154.72K	SH	$55.08M 1.37%	114.44K	40.28K
JOHNSON & JOHNSONSOLE	COM	177.34K	SH	$46.95M 1.17%	134.78K	42.56K
GREEN BRICK PARTNERS INCSOLE	COM	649.69K	SH	$42.95M 1.07%	481.29K	168.39K
RTX CORPORATIONSOLE	COM	219.21K	SH	$40.70M 1.01%	172.79K	46.42K
PEPSICO INCSOLE	COM	314.70K	SH	$39.88M 0.99%	240.71K	74K
CATERPILLAR INCSOLE	COM	48.77K	SH	$39.55M 0.99%	35.09K	13.69K
ABBVIE INCSOLE	COM	133.47K	SH	$34.91M 0.87%	103.39K	30.08K
WALMART INCSOLE	COM	324.88K	SH	$33.76M 0.84%	266.28K	58.60K
TAIWAN SEMICONDUCTOR MANUFACSOLE	SPONSORED ADS	73.67K	SH	$33.62M 0.84%	52.51K	21.17K
MARVELL TECHNOLOGY INCSOLE	COM	124.13K	SH	$32.80M 0.82%	77.93K	46.20K

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