# MARSHWINDS ADVISORY CO

> Institutional holdings reported to the SEC as of Q4 2018 on Form 13F. CIK 1281011. Source: https://holderbook.com/funds/1281011-marshwinds-advisory-co/

- Reported value: $186.8M
- Positions: 124
- Weight of the ten largest: 27.4%
- Filed: 2019-01-07

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 |
|---|---|---|---|---|---|
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $7.2M | 70,751 | 3.8% | 1 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $6.8M | 144,389 | 3.7% | 1 |
| INTUIT | [INTU](https://holderbook.com/stocks/INTU/) | $5.3M | 27,045 | 2.8% | 1 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $5.1M | 115,882 | 2.7% | 1 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $5.0M | 25,441 | 2.7% | 1 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $4.5M | 39,030 | 2.4% | 1 |
| Merck & Co Inc | - | $4.5M | 58,993 | 2.4% | 1 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $4.5M | 98,971 | 2.4% | 1 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $4.2M | 57,963 | 2.2% | 1 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $4.2M | 96,523 | 2.2% | 1 |
| MONDELEZ INTL INC | [MDLZ](https://holderbook.com/stocks/MDLZ/) | $4.0M | 99,903 | 2.1% | 1 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $3.9M | 83,458 | 2.1% | 1 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $3.7M | 19,645 | 2.0% | 1 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $3.7M | 40,370 | 2.0% | 1 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $3.4M | 57,448 | 1.8% | 1 |
| DOWDUPONT INC | [DWDP](https://holderbook.com/stocks/DWDP/) | $3.3M | 62,477 | 1.8% | 1 |
| AT&T Corp. | - | $3.3M | 116,647 | 1.8% | 1 |
| SOUTHERN CO | [SO](https://holderbook.com/stocks/SO/) | $3.3M | 75,074 | 1.8% | 1 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $3.2M | 47,395 | 1.7% | 1 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $3.1M | 50,157 | 1.7% | 1 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $2.8M | 16,567 | 1.5% | 1 |
| RAYTHEON CO | [RTN](https://holderbook.com/stocks/RTN/) | $2.8M | 18,332 | 1.5% | 1 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $2.8M | 30,341 | 1.5% | 1 |
| NORTHROP GRUMMAN CORP | [NOC](https://holderbook.com/stocks/NOC/) | $2.8M | 11,407 | 1.5% | 1 |
| ESCO TECHNOLOGIES INC | [ESE](https://holderbook.com/stocks/ESE/) | $2.6M | 40,100 | 1.4% | 1 |
| AUTODESK INC | [ADSK](https://holderbook.com/stocks/ADSK/) | $2.6M | 20,225 | 1.4% | 1 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $2.5M | 21,792 | 1.3% | 1 |
| TOOTSIE ROLL INDS INC | [TR](https://holderbook.com/stocks/TR/) | $2.5M | 73,934 | 1.3% | 1 |
| Duke Energy Corp New | - | $2.4M | 28,130 | 1.3% | 1 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $2.4M | 43,163 | 1.3% | 1 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $2.3M | 18,061 | 1.2% | 1 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $2.3M | 17,310 | 1.2% | 1 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $2.2M | 43,038 | 1.2% | 1 |
| GENERAL DYNAMICS CORP | [GD](https://holderbook.com/stocks/GD/) | $2.2M | 14,175 | 1.2% | 1 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $2.2M | 20,426 | 1.2% | 1 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $2.2M | 13,800 | 1.2% | 1 |
| CONSOLIDATED EDISON INC | [ED](https://holderbook.com/stocks/ED/) | $2.0M | 26,654 | 1.1% | 1 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $1.9M | 15,090 | 1.0% | 1 |
| Phillips 66 Corp (1.26) | - | $1.9M | 21,668 | 1.0% | 1 |
| KRAFT HEINZ CO | [KHC](https://holderbook.com/stocks/KHC/) | $1.9M | 43,195 | 1.0% | 1 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $1.8M | 16,774 | 1.0% | 1 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $1.7M | 15,710 | 0.9% | 1 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $1.7M | 12,702 | 0.9% | 1 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $1.5M | 17,173 | 0.8% | 1 |
| Medtronic Inc | - | $1.5M | 16,171 | 0.8% | 1 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $1.4M | 14,322 | 0.7% | 1 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $1.4M | 9,080 | 0.7% | 1 |
| FLOWERS FOODS INC | [FLO](https://holderbook.com/stocks/FLO/) | $1.3M | 72,697 | 0.7% | 1 |
| GENERAL ELECTRIC CO | [GEXXXX](https://holderbook.com/stocks/GEXXXX/) | $1.3M | 176,981 | 0.7% | 1 |
| Eaton Corp. PLC | - | $1.3M | 18,695 | 0.7% | 1 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $1.3M | 9,718 | 0.7% | 1 |
| HERSHEY CO | [HSY](https://holderbook.com/stocks/HSY/) | $1.3M | 11,950 | 0.7% | 1 |
| THE CAMPBELLS COMPANY | [CPB](https://holderbook.com/stocks/CPB/) | $1.3M | 38,000 | 0.7% | 1 |
| Stanley Works | - | $1.3M | 10,475 | 0.7% | 1 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $1.2M | 19,606 | 0.7% | 1 |
| DTE ENERGY CO | [DTE](https://holderbook.com/stocks/DTE/) | $1.2M | 10,525 | 0.6% | 1 |
| INGERSOLL-RAND COMPANY LTD | - | $1.1M | 12,275 | 0.6% | 1 |
| V F CORP | [VFC](https://holderbook.com/stocks/VFC/) | $1.1M | 15,275 | 0.6% | 1 |
| SUNCOR ENERGY INC NEW | [SU](https://holderbook.com/stocks/SU/) | $942.0K | 33,665 | 0.5% | 1 |
| EVERGY INC | [EVRG](https://holderbook.com/stocks/EVRG/) | $918.0K | 16,178 | 0.5% | 1 |
| WEYERHAEUSER CO | [WY](https://holderbook.com/stocks/WY/) | $876.0K | 40,056 | 0.5% | 1 |
| SLB LIMITED | [SLB](https://holderbook.com/stocks/SLB/) | $809.0K | 22,422 | 0.4% | 1 |
| PPG INDS INC | [PPG](https://holderbook.com/stocks/PPG/) | $792.0K | 7,750 | 0.4% | 1 |
| COMMERCIAL METALS CO | [CMC](https://holderbook.com/stocks/CMC/) | $714.0K | 44,565 | 0.4% | 1 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $654.0K | 14,191 | 0.4% | 1 |
| GEOSPACE TECHNOLOGIES CORP | [GEOS](https://holderbook.com/stocks/GEOS/) | $651.0K | 63,125 | 0.3% | 1 |
| ARCHER DANIELS MIDLAND CO | [ADM](https://holderbook.com/stocks/ADM/) | $639.0K | 15,602 | 0.3% | 1 |
| TELEFLEX INCORPORATED | [TFX](https://holderbook.com/stocks/TFX/) | $620.0K | 2,400 | 0.3% | 1 |
| RAYONIER ADVANCED MATLS INC | [RYAM](https://holderbook.com/stocks/RYAM/) | $616.0K | 57,880 | 0.3% | 1 |
| MEREDITH CORP | [MDP](https://holderbook.com/stocks/MDP/) | $614.0K | 11,825 | 0.3% | 1 |
| SNAP ON INC | [SNA](https://holderbook.com/stocks/SNA/) | $614.0K | 4,225 | 0.3% | 1 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $602.0K | 2,950 | 0.3% | 1 |
| Ivy Municipal Bond Fund Cl A | - | $596.0K | 51,484 | 0.3% | 1 |
| QUEST DIAGNOSTICS INC | [DGX](https://holderbook.com/stocks/DGX/) | $591.0K | 7,100 | 0.3% | 1 |
| CARDINAL HEALTH INC | [CAH](https://holderbook.com/stocks/CAH/) | $586.0K | 13,141 | 0.3% | 1 |
| MURPHY OIL CORP | [MUR](https://holderbook.com/stocks/MUR/) | $555.0K | 23,720 | 0.3% | 1 |
| Fidelity Natl Financial (FNF G | - | $553.0K | 17,598 | 0.3% | 1 |
| UNIVERSAL CORP VA MTNS BK EN | [UVV](https://holderbook.com/stocks/UVV/) | $551.0K | 10,178 | 0.3% | 1 |
| FIDELITY NATL INFORMATION SV | [FIS](https://holderbook.com/stocks/FIS/) | $540.0K | 5,267 | 0.3% | 1 |
| AMEREN CORP | [AEE](https://holderbook.com/stocks/AEE/) | $533.0K | 8,175 | 0.3% | 1 |
| TOTAL SYS SVCS INC | [TSS](https://holderbook.com/stocks/TSS/) | $532.0K | 6,547 | 0.3% | 1 |
| MASCO CORP | [MAS](https://holderbook.com/stocks/MAS/) | $525.0K | 17,950 | 0.3% | 1 |
| Baker Hughes a GE Company | - | $522.0K | 24,285 | 0.3% | 1 |
| PARK ELECTROCHEMICAL CORP | [PKEXXXX](https://holderbook.com/stocks/PKEXXXX/) | $520.0K | 28,756 | 0.3% | 1 |
| NORTHWEST NAT GAS CO | - | $515.0K | 8,525 | 0.3% | 1 |
| NORFOLK SOUTHN CORP | [NSC](https://holderbook.com/stocks/NSC/) | $508.0K | 3,400 | 0.3% | 1 |
| UNITED TECHNOLOGIES CORP | [UTX](https://holderbook.com/stocks/UTX/) | $506.0K | 4,752 | 0.3% | 1 |
| NEWELL BRANDS INC | [NWL](https://holderbook.com/stocks/NWL/) | $489.0K | 26,325 | 0.3% | 1 |
| LAMB WESTON HLDGS INC | [LW](https://holderbook.com/stocks/LW/) | $481.0K | 6,542 | 0.3% | 1 |
| WP CAREY INC | [WPC](https://holderbook.com/stocks/WPC/) | $470.0K | 7,192 | 0.3% | 1 |
| KIMBERLY-CLARK CORP | [KMB](https://holderbook.com/stocks/KMB/) | $465.0K | 4,079 | 0.2% | 1 |
| CONAGRA BRANDS INC | [CAG](https://holderbook.com/stocks/CAG/) | $463.0K | 21,688 | 0.2% | 1 |
| GULF IS FABRICATION INC | [GIFI](https://holderbook.com/stocks/GIFI/) | $412.0K | 57,025 | 0.2% | 1 |
| PAYCHEX INC | [PAYX](https://holderbook.com/stocks/PAYX/) | $400.0K | 6,132 | 0.2% | 1 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $361.0K | 3,694 | 0.2% | 1 |
| BB&T CORP | [BBT](https://holderbook.com/stocks/BBT/) | $346.0K | 7,977 | 0.2% | 1 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $336.0K | 1,500 | 0.2% | 1 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $333.0K | 2,114 | 0.2% | 1 |
| Glencore Xstrata PLC (2.10) | - | $330.0K | 88,250 | 0.2% | 1 |
| HAWKINS INC | [HWKN](https://holderbook.com/stocks/HWKN/) | $320.0K | 7,825 | 0.2% | 1 |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q4 2018 | $186.8M | 124 |