# BANCED CORP

> Institutional holdings reported to the SEC as of Q4 2018 on Form 13F. CIK 1272345. Source: https://holderbook.com/funds/1272345-banced-corp/

- Reported value: $46.1M
- Positions: 93
- Weight of the ten largest: 24.0%
- Filed: 2019-01-14

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/) | $1.9M | 12,031 | 4.1% | 1 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.2M | 11,662 | 2.6% | 1 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $1.2M | 15,326 | 2.5% | 1 |
| EXELON CORP | [EXC](https://holderbook.com/stocks/EXC/) | $1.1M | 24,802 | 2.4% | 1 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $1.1M | 11,360 | 2.4% | 1 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $928.0K | 618 | 2.0% | 1 |
| AVANGRID INC | [AGR](https://holderbook.com/stocks/AGR/) | $927.0K | 18,496 | 2.0% | 1 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $922.0K | 8,476 | 2.0% | 1 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $909.0K | 870 | 2.0% | 1 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $909.0K | 19,350 | 2.0% | 1 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $900.0K | 4,770 | 2.0% | 1 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $888.0K | 2,752 | 1.9% | 1 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $845.0K | 6,395 | 1.8% | 1 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $786.0K | 12,602 | 1.7% | 1 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $753.0K | 10,078 | 1.6% | 1 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $752.0K | 26,332 | 1.6% | 1 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $731.0K | 4,116 | 1.6% | 1 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $720.0K | 12,811 | 1.6% | 1 |
| SUMMIT HOTEL PPTYS | [INN](https://holderbook.com/stocks/INN/) | $620.0K | 63,809 | 1.3% | 1 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $611.0K | 17,956 | 1.3% | 1 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $603.0K | 2,953 | 1.3% | 1 |
| SKYWORKS SOLUTIONS INC | [SWKS](https://holderbook.com/stocks/SWKS/) | $603.0K | 9,005 | 1.3% | 1 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $602.0K | 18,384 | 1.3% | 1 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $600.0K | 12,142 | 1.3% | 1 |
| SNAP ON INC | [SNA](https://holderbook.com/stocks/SNA/) | $572.0K | 3,938 | 1.2% | 1 |
| FIRSTENERGY CORP | [FE](https://holderbook.com/stocks/FE/) | $565.0K | 15,046 | 1.2% | 1 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $564.0K | 4,372 | 1.2% | 1 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $559.0K | 10,745 | 1.2% | 1 |
| PPL CORP | [PPL](https://holderbook.com/stocks/PPL/) | $547.0K | 19,309 | 1.2% | 1 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $541.0K | 5,868 | 1.2% | 1 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $522.0K | 7,216 | 1.1% | 1 |
| MAGNA INTL INC | [MGA](https://holderbook.com/stocks/MGA/) | $508.0K | 11,175 | 1.1% | 1 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $495.0K | 2,211 | 1.1% | 1 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $487.0K | 12,281 | 1.1% | 1 |
| D R HORTON INC | [DHI](https://holderbook.com/stocks/DHI/) | $475.0K | 13,704 | 1.0% | 1 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $471.0K | 7,527 | 1.0% | 1 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $460.0K | 3,444 | 1.0% | 1 |
| BOSTON SCIENTIFIC CORP | [BSX](https://holderbook.com/stocks/BSX/) | $457.0K | 12,930 | 1.0% | 1 |
| CARNIVAL CORP | [CCL](https://holderbook.com/stocks/CCL/) | $447.0K | 9,068 | 1.0% | 1 |
| ROYAL CARIBBEAN GROUP | [RCL](https://holderbook.com/stocks/RCL/) | $445.0K | 4,551 | 1.0% | 1 |
| ZIONS BANCORPORATION NATL AS | [ZION](https://holderbook.com/stocks/ZION/) | $442.0K | 10,850 | 1.0% | 1 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $437.0K | 4,761 | 0.9% | 1 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $430.0K | 9,916 | 0.9% | 1 |
| NOVARTIS AG | [NVS](https://holderbook.com/stocks/NVS/) | $422.0K | 4,913 | 0.9% | 1 |
| SIX FLAGS ENTMT CORP NEW | [SIX](https://holderbook.com/stocks/SIX/) | $419.0K | 7,531 | 0.9% | 1 |
| GENERAL MTRS CO | [GM](https://holderbook.com/stocks/GM/) | $418.0K | 12,502 | 0.9% | 1 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $415.0K | 2,134 | 0.9% | 1 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $406.0K | 6,201 | 0.9% | 1 |
| VALERO ENERGY CORP | [VLO](https://holderbook.com/stocks/VLO/) | $388.0K | 5,167 | 0.8% | 1 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $378.0K | 4,251 | 0.8% | 1 |
| ELEVANCE HEALTH INC FORMERLY | [ELV](https://holderbook.com/stocks/ELV/) | $373.0K | 1,418 | 0.8% | 1 |
| LAS VEGAS SANDS CORP | [LVS](https://holderbook.com/stocks/LVS/) | $373.0K | 7,174 | 0.8% | 1 |
| OLD REP INTL CORP | [ORI](https://holderbook.com/stocks/ORI/) | $370.0K | 18,002 | 0.8% | 1 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $364.0K | 1,432 | 0.8% | 1 |
| JAZZ PHARMACEUTICALS PLC | [JAZZ](https://holderbook.com/stocks/JAZZ/) | $361.0K | 2,912 | 0.8% | 1 |
| WHIRLPOOL CORP | [WHR](https://holderbook.com/stocks/WHR/) | $359.0K | 3,356 | 0.8% | 1 |
| ALLY FINL INC | [ALLY](https://holderbook.com/stocks/ALLY/) | $357.0K | 15,725 | 0.8% | 1 |
| PNC FINL SVCS GROUP INC | [PNC](https://holderbook.com/stocks/PNC/) | $354.0K | 3,029 | 0.8% | 1 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $351.0K | 7,680 | 0.8% | 1 |
| LINCOLN NATL CORP IND | [LNC](https://holderbook.com/stocks/LNC/) | $350.0K | 6,824 | 0.8% | 1 |
| QUANTA SVCS INC | [PWR](https://holderbook.com/stocks/PWR/) | $344.0K | 11,417 | 0.7% | 1 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $342.0K | 6,575 | 0.7% | 1 |
| METLIFE INC | [MET](https://holderbook.com/stocks/MET/) | $335.0K | 8,156 | 0.7% | 1 |
| PRUDENTIAL FINL INC | [PRU](https://holderbook.com/stocks/PRU/) | $331.0K | 4,055 | 0.7% | 1 |
| BRUNSWICK CORP | [BC](https://holderbook.com/stocks/BC/) | $328.0K | 7,068 | 0.7% | 1 |
| LYONDELLBASELL INDUSTRIES NV | [LYB](https://holderbook.com/stocks/LYB/) | $324.0K | 3,896 | 0.7% | 1 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $323.0K | 1,586 | 0.7% | 1 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $318.0K | 4,628 | 0.7% | 1 |
| ONEOK INC NEW | [OKE](https://holderbook.com/stocks/OKE/) | $309.0K | 5,719 | 0.7% | 1 |
| RAYTHEON CO | [RTN](https://holderbook.com/stocks/RTN/) | $309.0K | 2,016 | 0.7% | 1 |
| STEELCASE INC | [SCS](https://holderbook.com/stocks/SCS/) | $309.0K | 20,812 | 0.7% | 1 |
| NORFOLK SOUTHN CORP | [NSC](https://holderbook.com/stocks/NSC/) | $308.0K | 2,061 | 0.7% | 1 |
| FIRST AMERN FINL CORP | [FAF](https://holderbook.com/stocks/FAF/) | $306.0K | 6,845 | 0.7% | 1 |
| BB&T CORP | [BBT](https://holderbook.com/stocks/BBT/) | $305.0K | 7,033 | 0.7% | 1 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $303.0K | 3,102 | 0.7% | 1 |
| MARATHON PETE CORP | [MPC](https://holderbook.com/stocks/MPC/) | $299.0K | 5,071 | 0.6% | 1 |
| FEDEX CORP | [FDX](https://holderbook.com/stocks/FDX/) | $295.0K | 1,826 | 0.6% | 1 |
| DELTA AIR LINES INC | [DAL](https://holderbook.com/stocks/DAL/) | $294.0K | 5,894 | 0.6% | 1 |
| TORONTO DOMINION BK ONT | [TD](https://holderbook.com/stocks/TD/) | $294.0K | 5,921 | 0.6% | 1 |
| TE CONNECTIVITY LTD | [TELXXXX](https://holderbook.com/stocks/TELXXXX/) | $278.0K | 3,676 | 0.6% | 1 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $275.0K | 4,600 | 0.6% | 1 |
| HANESBRANDS INC | [HBI](https://holderbook.com/stocks/HBI/) | $264.0K | 21,075 | 0.6% | 1 |
| NEWMONT CORP | [NEM](https://holderbook.com/stocks/NEM/) | $259.0K | 7,489 | 0.6% | 1 |
| H & E EQUIPMENT SERVICES INC | [HEES](https://holderbook.com/stocks/HEES/) | $241.0K | 11,821 | 0.5% | 1 |
| ESCO TECHNOLOGIES INC | [ESE](https://holderbook.com/stocks/ESE/) | $231.0K | 3,500 | 0.5% | 1 |
| PPG INDS INC | [PPG](https://holderbook.com/stocks/PPG/) | $230.0K | 2,249 | 0.5% | 1 |
| TARGA RES CORP | [TRGP](https://holderbook.com/stocks/TRGP/) | $224.0K | 6,222 | 0.5% | 1 |
| POST HLDGS INC | [POST](https://holderbook.com/stocks/POST/) | $222.0K | 2,489 | 0.5% | 1 |
| EOG RES INC | [EOG](https://holderbook.com/stocks/EOG/) | $206.0K | 2,370 | 0.4% | 1 |
| CONSTELLATION BRANDS INC | [STZ](https://holderbook.com/stocks/STZ/) | $205.0K | 1,276 | 0.4% | 1 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $203.0K | 4,289 | 0.4% | 1 |
| PINNACLE WEST CAP CORP | [PNW](https://holderbook.com/stocks/PNW/) | $201.0K | 2,360 | 0.4% | 1 |
| ANNALY CAPITAL MANAGEMENT IN | [NLYXXXX](https://holderbook.com/stocks/NLYXXXX/) | $109.0K | 11,120 | 0.2% | 1 |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q4 2018 | $46.1M | 93 |