# Schafer Cullen Capital Management Inc

> Institutional holdings reported to the SEC as of Q1 2021 on Form 13F. CIK 1056593. Source: https://holderbook.com/funds/1056593-schafer-cullen-capital-management-inc/

- Reported value: $490.6M
- Positions: 58
- Weight of the ten largest: 31.0%
- Filed: 2021-05-10

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 |
|---|---|---|---|---|---|
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $22.3M | 146,297 | 4.5% | 10 |
| JOHNSON CONTROLS INTERNATION | [JCI](https://holderbook.com/stocks/JCI/) | $18.4M | 309,099 | 3.8% | 10 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $17.0M | 220,195 | 3.5% | 4 |
| TARGET CORP | [TGT](https://holderbook.com/stocks/TGT/) | $15.0M | 75,915 | 3.1% | 9 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $13.5M | 178,370 | 2.7% | 10 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $13.5M | 82,000 | 2.7% | 10 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $13.4M | 172,015 | 2.7% | 10 |
| GENUINE PARTS CO | [GPC](https://holderbook.com/stocks/GPC/) | $13.1M | 113,140 | 2.7% | 10 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $13.0M | 429,345 | 2.6% | 10 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $13.0M | 146,070 | 2.6% | 10 |
| NOVARTIS AG | [NVS](https://holderbook.com/stocks/NVS/) | $12.8M | 150,035 | 2.6% | 10 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $12.6M | 326,880 | 2.6% | 8 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $12.3M | 77,580 | 2.5% | 10 |
| BCE INC | [BCE](https://holderbook.com/stocks/BCE/) | $12.0M | 265,515 | 2.4% | 10 |
| SIEMENS A G            FSPONSORED ADR           1 ADR REPS  0.5  ORD SHS | [SIEGY](https://holderbook.com/stocks/SIEGY/) | $11.4M | 138,355 | 2.3% | 10 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $11.3M | 218,180 | 2.3% | 10 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $11.1M | 173,515 | 2.3% | 10 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $11.1M | 105,575 | 2.3% | 10 |
| TRUIST FINL CORP | [TFC](https://holderbook.com/stocks/TFC/) | $10.8M | 185,460 | 2.2% | 6 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $10.8M | 56,110 | 2.2% | 10 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $9.6M | 265,380 | 2.0% | 10 |
| UNILEVER PLC | [ULXXXX](https://holderbook.com/stocks/ULXXXX/) | $9.5M | 170,825 | 1.9% | 2 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $9.4M | 49,505 | 1.9% | 5 |
| KIMBERLY-CLARK CORP | [KMB](https://holderbook.com/stocks/KMB/) | $9.3M | 66,920 | 1.9% | 10 |
| WELLTOWER INC | [WELL](https://holderbook.com/stocks/WELL/) | $9.1M | 126,730 | 1.9% | 10 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $8.8M | 19,025 | 1.8% | 4 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $8.8M | 74,080 | 1.8% | 10 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $8.5M | 88,262 | 1.7% | 10 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $8.4M | 109,255 | 1.7% | 10 |
| HEALTHPEAK PROPERTIES INC | [DOC](https://holderbook.com/stocks/DOC/) | $8.4M | 263,375 | 1.7% | 7 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $7.8M | 107,080 | 1.6% | 10 |
| GENERAL DYNAMICS CORP | [GD](https://holderbook.com/stocks/GD/) | $7.4M | 40,685 | 1.5% | 5 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $6.9M | 37,115 | 1.4% | 10 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $6.9M | 40,500 | 1.4% | 4 |
| DIAGEO PLC | [DEO](https://holderbook.com/stocks/DEO/) | $6.9M | 41,750 | 1.4% | 10 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $6.8M | 121,465 | 1.4% | 10 |
| DOW HLDGS INC | [DOW](https://holderbook.com/stocks/DOW/) | $6.6M | 103,915 | 1.4% | 8 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $6.5M | 127,605 | 1.3% | 10 |
| TRAVELERS COMPANIES INC | [TRV](https://holderbook.com/stocks/TRV/) | $6.3M | 42,045 | 1.3% | 10 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $6.3M | 119,290 | 1.3% | 10 |
| BNP Paribas SA | - | $5.6M | 91,294 | 1.1% | 10 |
| TOYOTA MOTOR CORP | [TM](https://holderbook.com/stocks/TM/) | $5.5M | 34,974 | 1.1% | 10 |
| Cie de Saint-Gobain | - | $5.4M | 90,987 | 1.1% | 2 |
| TOTALENERGIES SE | [TTE](https://holderbook.com/stocks/TTE/) | $5.3M | 113,674 | 1.1% | 10 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $5.3M | 22,395 | 1.1% | 10 |
| ZURICH INSURANCE GROUP AG | - | $4.8M | 11,295 | 1.0% | 1 |
| WALGREENS BOOTS ALLIANCE INC | [WBA](https://holderbook.com/stocks/WBA/) | $4.6M | 83,575 | 0.9% | 10 |
| Smurfit Kappa Group PLC | - | $3.9M | 82,980 | 0.8% | 10 |
| Denka Company Ltd. | - | $3.6M | 89,100 | 0.7% | 2 |
| Quanta Computer Inc. | - | $3.4M | 989,000 | 0.7% | 1 |
| MMC Norilsk Nickel | [NILSY](https://holderbook.com/stocks/NILSY/) | $2.4M | 77,485 | 0.5% | 10 |
| BRITISH AMERN TOB PLC | [BTI](https://holderbook.com/stocks/BTI/) | $2.4M | 60,871 | 0.5% | 10 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $2.2M | 50,135 | 0.4% | 10 |
| UPM-Kymmene Oyj | - | $2.2M | 60,086 | 0.4% | 9 |
| Ascendas Real Estate Investmen | - | $2.1M | 945,100 | 0.4% | 10 |
| Globaltrans Investment PLC GDR | - | $1.9M | 291,670 | 0.4% | 10 |
| Sonic Healthcare Ltd. | - | $1.9M | 71,064 | 0.4% | 10 |
| SANOFI SA | [SNY](https://holderbook.com/stocks/SNY/) | $1.7M | 33,376 | 0.3% | 10 |

## 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 |
|---|---|---|---|---|
| Q1 2021 | +9.6% | +6.0% | +3.6% | 99% |
| Q4 2020 | +13.1% | +11.6% | +1.5% | 99% |
| Q3 2020 | +1.7% | +8.6% | -6.9% | 98% |
| Q2 2020 | +11.5% | +19.6% | -8.2% | 97% |
| Q1 2020 | -25.9% | -19.9% | -6.0% | 98% |
| Q4 2019 | +5.9% | +8.5% | -2.5% | 99% |
| Q3 2019 | +0.2% | +1.3% | -1.1% | 98% |
| Q2 2019 | -0.3% | +3.7% | -4.0% | 99% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q1 2021 | $490.6M | 58 |
| Q4 2020 | $6.7B | 258 |
| Q3 2020 | $6.4B | 228 |
| Q2 2020 | $6.5B | 222 |
| Q1 2020 | $6.0B | 218 |
| Q4 2019 | $8.5B | 240 |
| Q3 2019 | $8.3B | 231 |
| Q2 2019 | $8.5B | 223 |
| Q1 2019 | $6.8B | 224 |
| Q4 2018 | $6.5B | 240 |