# MURPHY CAPITAL MANAGEMENT INC

> Institutional holdings reported to the SEC as of Q2 2022 on Form 13F. CIK 1056515. Source: https://holderbook.com/funds/1056515-murphy-capital-management-inc/

- Reported value: $720.2M
- Positions: 217
- Weight of the ten largest: 35.4%
- Filed: 2022-07-13

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $55.6M | 407,018 | 7.7% | 15 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $32.7M | 86,693 | 4.5% | 15 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $26.1M | 101,592 | 3.6% | 15 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $24.0M | 85,476 | 3.3% | 15 |
| SELECT SECTOR SPDR TR | [XLY](https://holderbook.com/stocks/XLY/) | $22.7M | 164,917 | 3.1% | 15 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $21.7M | 66,367 | 3.0% | 15 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $21.1M | 164,273 | 2.9% | 15 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $17.7M | 563,280 | 2.5% | 15 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $17.2M | 162,234 | 2.4% | 15 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $16.5M | 188,633 | 2.3% | 15 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $16.0M | 90,121 | 2.2% | 15 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $12.8M | 46,667 | 1.8% | 15 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $12.6M | 64,170 | 1.8% | 15 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $11.9M | 43,491 | 1.6% | 15 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $11.2M | 88,487 | 1.6% | 15 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $11.1M | 5,097 | 1.5% | 15 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $10.8M | 96,206 | 1.5% | 15 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $10.4M | 72,611 | 1.4% | 15 |
| SELECT SECTOR SPDR TR | [XLP](https://holderbook.com/stocks/XLP/) | $10.3M | 143,230 | 1.4% | 15 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $9.3M | 183,985 | 1.3% | 15 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $9.3M | 37,556 | 1.3% | 15 |
| SELECT SECTOR SPDR TR | [XLC](https://holderbook.com/stocks/XLC/) | $9.0M | 165,216 | 1.2% | 15 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $8.7M | 54,075 | 1.2% | 15 |
| ISHARES TR | [IYH](https://holderbook.com/stocks/IYH/) | $8.1M | 30,276 | 1.1% | 15 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $8.1M | 15,786 | 1.1% | 15 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $8.0M | 112,132 | 1.1% | 15 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $7.8M | 46,547 | 1.1% | 15 |
| FIRST TR EXCHANGE-TRADED FD | [FDN](https://holderbook.com/stocks/FDN/) | $7.6M | 59,743 | 1.1% | 15 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $7.3M | 50,756 | 1.0% | 15 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $7.1M | 83,244 | 1.0% | 15 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $6.9M | 39,566 | 1.0% | 15 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $6.8M | 70,967 | 0.9% | 9 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $6.8M | 3,100 | 0.9% | 15 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $6.5M | 69,337 | 0.9% | 15 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $6.3M | 100,125 | 0.9% | 15 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $6.1M | 33,593 | 0.9% | 15 |
| STATE STR SPDR DOW JONES IND | [DIA](https://holderbook.com/stocks/DIA/) | $5.8M | 18,713 | 0.8% | 15 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $5.7M | 26,757 | 0.8% | 15 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $5.5M | 78,980 | 0.8% | 15 |
| SELECT SECTOR SPDR TR | [XLB](https://holderbook.com/stocks/XLB/) | $5.4M | 73,448 | 0.8% | 15 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $5.2M | 56,733 | 0.7% | 15 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $5.0M | 15,432 | 0.7% | 15 |
| ISHARES TR | [IHF](https://holderbook.com/stocks/IHF/) | $4.4M | 17,218 | 0.6% | 15 |
| VANECK ETF TRUST | [BBH](https://holderbook.com/stocks/BBH/) | $4.4M | 30,072 | 0.6% | 15 |
| NESTLE SA ADR | [NSRGY](https://holderbook.com/stocks/NSRGY/) | $4.3M | 37,038 | 0.6% | 15 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $4.3M | 137,305 | 0.6% | 15 |
| VANGUARD INTL EQUITY INDEX F | [VEU](https://holderbook.com/stocks/VEU/) | $4.2M | 84,222 | 0.6% | 15 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $4.1M | 78,029 | 0.6% | 15 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $4.0M | 32,730 | 0.6% | 15 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $3.9M | 30,220 | 0.5% | 15 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $3.5M | 25,740 | 0.5% | 15 |
| TRANE TECHNOLOGIES PLC | [TT](https://holderbook.com/stocks/TT/) | $3.4M | 26,254 | 0.5% | 10 |
| ISHARES TR | [IHE](https://holderbook.com/stocks/IHE/) | $3.3M | 17,447 | 0.5% | 15 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $3.2M | 111,699 | 0.5% | 15 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $3.1M | 9,816 | 0.4% | 15 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $3.1M | 17,469 | 0.4% | 15 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $3.0M | 38,715 | 0.4% | 15 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $2.9M | 8,448 | 0.4% | 6 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $2.8M | 65,678 | 0.4% | 15 |
| HERSHEY CO | [HSY](https://holderbook.com/stocks/HSY/) | $2.7M | 12,556 | 0.4% | 15 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $2.6M | 13,022 | 0.4% | 14 |
| VANGUARD WORLD FD | [VOX](https://holderbook.com/stocks/VOX/) | $2.6M | 27,626 | 0.4% | 15 |
| ISHARES TR | [IBB](https://holderbook.com/stocks/IBB/) | $2.6M | 21,744 | 0.4% | 15 |
| GENERAL DYNAMICS CORP | [GD](https://holderbook.com/stocks/GD/) | $2.5M | 11,204 | 0.3% | 15 |
| PUBLIC SVC ENTERPRISE GROUP | [PEG](https://holderbook.com/stocks/PEG/) | $2.5M | 39,148 | 0.3% | 15 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $2.5M | 17,446 | 0.3% | 15 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $2.5M | 14,905 | 0.3% | 15 |
| ISHARES TR | [IHI](https://holderbook.com/stocks/IHI/) | $2.5M | 48,706 | 0.3% | 15 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $2.4M | 5,654 | 0.3% | 15 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $2.3M | 16,491 | 0.3% | 15 |
| CANADIAN PAC RY LTD | [CPXXXX](https://holderbook.com/stocks/CPXXXX/) | $2.2M | 32,221 | 0.3% | 15 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $2.2M | 56,847 | 0.3% | 15 |
| FEDEX CORP | [FDX](https://holderbook.com/stocks/FDX/) | $2.2M | 9,738 | 0.3% | 15 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $2.2M | 8,857 | 0.3% | 15 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $2.1M | 10,530 | 0.3% | 15 |
| AIR PRODUCTS AND CHEMICALS I | [APD](https://holderbook.com/stocks/APD/) | $2.1M | 8,594 | 0.3% | 15 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $2.1M | 18,924 | 0.3% | 15 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $2.0M | 18,993 | 0.3% | 15 |
| THE CIGNA GROUP | [CI](https://holderbook.com/stocks/CI/) | $2.0M | 7,501 | 0.3% | 15 |
| ISHARES TR | [IYW](https://holderbook.com/stocks/IYW/) | $2.0M | 24,564 | 0.3% | 15 |
| AFLAC INC | [AFL](https://holderbook.com/stocks/AFL/) | $1.9M | 34,600 | 0.3% | 15 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $1.9M | 44,474 | 0.3% | 15 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $1.8M | 2,728 | 0.3% | 9 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $1.8M | 10,222 | 0.3% | 15 |
| BLACKROCK INC | [BLKXXXX](https://holderbook.com/stocks/BLKXXXX/) | $1.6M | 2,699 | 0.2% | 6 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $1.6M | 9,392 | 0.2% | 15 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $1.5M | 20,004 | 0.2% | 15 |
| AMERICAN WTR WKS CO INC NEW | [AWK](https://holderbook.com/stocks/AWK/) | $1.5M | 10,282 | 0.2% | 15 |
| NORFOLK SOUTHN CORP | [NSC](https://holderbook.com/stocks/NSC/) | $1.5M | 6,731 | 0.2% | 15 |
| ISHARES TR | [IYF](https://holderbook.com/stocks/IYF/) | $1.5M | 21,045 | 0.2% | 15 |
| CONSOLIDATED EDISON INC | [ED](https://holderbook.com/stocks/ED/) | $1.4M | 14,696 | 0.2% | 15 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $1.4M | 29,634 | 0.2% | 15 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $1.3M | 64,107 | 0.2% | 15 |
| VANGUARD WORLD FD | [VHT](https://holderbook.com/stocks/VHT/) | $1.3M | 5,537 | 0.2% | 15 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $1.3M | 4,366 | 0.2% | 15 |
| DOMINION ENERGY INC | [D](https://holderbook.com/stocks/D/) | $1.3M | 16,081 | 0.2% | 15 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $1.2M | 13,615 | 0.2% | 6 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $1.2M | 3,192 | 0.2% | 15 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $1.2M | 24,563 | 0.2% | 9 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $1.2M | 12,160 | 0.2% | 15 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2022 | -15.7% | -16.5% | +0.7% | 100% |
| Q1 2022 | -5.0% | -4.9% | -0.1% | 100% |
| Q4 2021 | +9.4% | +10.7% | -1.3% | 100% |
| Q3 2021 | -0.7% | +0.3% | -1.0% | 100% |
| Q2 2021 | +7.3% | +8.0% | -0.7% | 100% |
| Q1 2021 | +4.3% | +6.0% | -1.7% | 100% |
| Q4 2020 | +10.8% | +11.6% | -0.9% | 100% |
| Q3 2020 | +9.9% | +8.6% | +1.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2022 | $720.2M | 217 |
| Q1 2022 | $863.5M | 225 |
| Q4 2021 | $931.0M | 231 |
| Q3 2021 | $855.2M | 223 |
| Q2 2021 | $874.7M | 228 |
| Q1 2021 | $795.6M | 219 |
| Q4 2020 | $750.4M | 214 |
| Q3 2020 | $688.6M | 202 |
| Q2 2020 | $632.9M | 198 |
| Q1 2020 | $527.4M | 191 |
| Q4 2019 | $703.6M | 232 |
| Q3 2019 | $665.4M | 232 |