SEC 13F Intelligence

Managers / Q4 2018 · view latest →

LAFFER TENGLER INVESTMENTS, INC.

CIK 0001307878 · 1005 17TH AVE S, SUITE 900, NASHVILLE, TN, 37212 · 800-838-3468

Reported Value
$338.3B
Q4 2018
Positions
183
Filings on Record
33
2019–present window
Filed
Feb 15, 2019
original filing

Summary

Laffer Tengler Investments, Inc. reported $338.3B in U.S.-listed holdings across 183 positions for Q4 2018.

Its largest position, MSFT, represents 3.4% of the portfolio.

Portfolio Metrics

Top-10 Concentration
+15.6%
share of reported value
Largest Position
+3.4%
Microsoft

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $338.3BQ4 ’18Q1 ’19: $372.0BQ2 ’19: $116.8BQ3 ’19: $117.1BQ4 ’19: $150.3BQ4 ’19Q1 ’20: $128.2BQ2 ’20: $156.9BQ3 ’20: $204.9BQ4 ’20: $206.1BQ4 ’20Q1 ’21: $264.2BQ2 ’21: $266.9BQ3 ’21: $345.6BQ4 ’21: $346.3BQ4 ’21Q1 ’22: $331.9BQ2 ’22: $284.8BQ3 ’22: $272.1BQ1 ’23: $369MQ1 ’23Q2 ’23: $377MQ3 ’23: $340MQ4 ’23: $376MQ1 ’24: $387MQ1 ’24Q2 ’24: $464MQ3 ’24: $494MQ4 ’24: $509MQ1 ’25: $470MQ1 ’25Q2 ’25: $561MQ3 ’25: $631MQ4 ’25: $658MQ1 ’26: $677MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 64.4%US DOMESTIC: 12.1%PUBLIC: 11.4%Other: 9.2%ETP: 1.4%Other: 1.4%
  • Common Stock · 64.4% · $218.0B
  • US DOMESTIC · 12.1% · $41.0B
  • PUBLIC · 11.4% · $38.6B
  • Other · 9.2% · $31.2B
  • ETP · 1.4% · $4.6B
  • Other · 1.4% · $4.9B

Quarter-over-Quarter Changes full breakdown →

IssuerMoveShare ΔShares nowValue ΔValue now
MSFTMicrosoft CorpNEW+112.4K112.4K+$11.4B$11.4B
J P Morgan Chase & CoNEW+66.1K66.1K+$6.5B$6.5B
MRKMerck & Co IncNEW+69.1K69.1K+$5.3B$5.3B
UNHUnitedhealth Group IncNEW+20.5K20.5K+$5.1B$5.1B
AMGNAmgen IncNEW+23.8K23.8K+$4.6B$4.6B
MPCMarathon Petroleum CorporationNEW+70.1K70.1K+$4.1B$4.1B
Becton Dickinson and CoNEW+71.3K71.3K+$4.1B$4.1B
DISWalt Disney CoNEW+36.8K36.8K+$4.0B$4.0B

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2018

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMicrosoft Corphistory →COMMON STOCKS3.37%$11.4B112.4K
2J P Morgan Chase & CoCOMMON STOCKS1.91%$6.5B66.1K
3MRKMerck & Co Inchistory →COMMON STOCKS1.56%$5.3B69.1K
4UNHUnitedhealth Group Inchistory →COMMON STOCKS1.51%$5.1B20.5K
5AMGNAmgen Inchistory →COMMON STOCKS1.37%$4.6B23.8K
6MPCMarathon Petroleum Corporationhistory →COMMON STOCKS1.22%$4.1B70.1K
7Becton Dickinson and CoCONVERTIBLE PREFERRED STOCK1.22%$4.1B71.3K
8DISWalt Disney Cohistory →COMMON STOCKS1.19%$4.0B36.8K
9Dominion ResourcesCONVERTIBLE PREFERRED STOCK1.17%$4.0B82.6K
10Red Hat IncCONVERTIBLE BOND1.12%$3.8B1.6K
11TXNTexas Instrs Inchistory →COMMON STOCKS1.07%$3.6B38.3K
12Crown Castle Int CorpCONVERTIBLE PREFERRED STOCK1.07%$3.6B3.4K
13SBUXStarbucks Corphistory →COMMON STOCKS1.00%$3.4B52.6K
14TMOThermo Fisher Scientific Inchistory →COMMON STOCKS0.99%$3.4B15.0K
15KSSKohl's Corphistory →COMMON STOCKS0.97%$3.3B49.4K
16AWNAdvance Auto Parts Inchistory →COMMON STOCKS0.95%$3.2B20.4K
17TJXTjx Cos Inc Newhistory →COMMON STOCKS0.95%$3.2B71.6K
18INTUIntuithistory →COMMON STOCKS0.93%$3.1B16.0K
19NRANRG Energy Inc.history →COMMON STOCKS0.92%$3.1B78.9K
20PAYXPaychex Inchistory →COMMON STOCKS0.90%$3.1B46.8K
21ADPAutomatic Data Processing Inc.history →COMMON STOCKS0.90%$3.0B23.2K
22CHDChurch & Dwight Co Inchistory →COMMON STOCKS0.89%$3.0B45.7K
23MMM3M COMPANYhistory →COMMON STOCKS0.88%$3.0B15.7K
24AXPAmerican Express Cohistory →COMMON STOCKS0.88%$3.0B31.3K
25Booking Holdings IncCONVERTIBLE BOND0.87%$2.9B2.7K
26CSXCSX Corphistory →COMMON STOCKS0.86%$2.9B46.6K
27Stanley Black & DeckerCONVERTIBLE PREFERRED STOCK0.85%$2.9B31.7K
28QCOMQualcomm Inchistory →COMMON STOCKS0.84%$2.8B50.0K
29HUMHUMANA INChistory →COMMON STOCKS0.83%$2.8B9.8K
30GWWGrainger W W Inchistory →COMMON STOCKS0.81%$2.8B9.8K
31Wells Fargo & Company PFDCONVERTIBLE PREFERRED STOCK0.81%$2.7B2.2K
32Vereit IncCONVERTIBLE BOND0.81%$2.7B2.8K
33Valero Energy CorpCOMMON STOCKS0.80%$2.7B36.1K
34XLNXEURXilinx Inchistory →COMMON STOCKS0.80%$2.7B31.7K
35Illumina IncCONVERTIBLE BOND0.79%$2.7B2.2K
36AFLAflac Inchistory →COMMON STOCKS0.77%$2.6B57.0K
37SYYSysco Corphistory →COMMON STOCKS0.76%$2.6B41.2K
38WOOFoot Locker Inchistory →COMMON STOCKS0.76%$2.6B48.4K
39RSGRepublic Services Inchistory →COMMON STOCKS0.76%$2.6B35.6K
40Deutsche Bank AG LondonCONVERTIBLE BOND0.76%$2.6B2.9K
414I1Philip Morris Intl Inchistory →COMMON STOCKS0.76%$2.6B38.3K
42SOSOUTHERN COMPANYhistory →COMMON STOCKS0.75%$2.5B57.8K
43MOSMosaic Companyhistory →COMMON STOCKS0.75%$2.5B86.7K
44SRESempra Energyhistory →COMMON STOCKS0.74%$2.5B23.2K
45CATCaterpillar Inchistory →COMMON STOCKS0.74%$2.5B19.7K
46CMSCMS Energy Corphistory →COMMON STOCKS0.74%$2.5B50.5K
47DEDeere & Cohistory →COMMON STOCKS0.74%$2.5B16.7K
48DYHTarget Corphistory →COMMON STOCKS0.73%$2.5B37.4K
49New Mountain FinanceCONVERTIBLE BOND0.73%$2.5B2.4K
50TPG Specialty LendingCONVERTIBLE BOND0.72%$2.4B2.4K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$677M182May 13, 202613F-HRchanges · EDGAR ↗
Q4 2025$658M181Feb 12, 202613F-HRchanges · EDGAR ↗
Q3 2025$631M162Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$561M163Aug 7, 202513F-HRchanges · EDGAR ↗
Q1 2025$470M132May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$509M146Feb 6, 202513F-HRchanges · EDGAR ↗
Q3 2024$494M172Nov 4, 202413F-HRchanges · EDGAR ↗
Q2 2024$464M393Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$387M409May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$376M414Feb 8, 202413F-HRchanges · EDGAR ↗
Q3 2023$340M322Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$377M385Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$369M400May 9, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review419Feb 10, 202313F-HRchanges · EDGAR ↗
Q3 2022$272.1B433Nov 10, 202213F-HRchanges · EDGAR ↗
Q2 2022$284.8B390Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$331.9B419May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$346.3B385Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$345.6B484Nov 16, 202113F-HRchanges · EDGAR ↗
Q2 2021$266.9B325Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$264.2B341May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$206.1B187Feb 19, 202113F-HRchanges · EDGAR ↗
Q3 2020$204.9B303Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$156.9B128Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$128.2B126Apr 28, 202013F-HRchanges · EDGAR ↗
Q4 2019$150.3B136Feb 20, 202013F-HRchanges · EDGAR ↗
Q3 2019$117.1B122Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$116.8B100Aug 15, 201913F-HRchanges · EDGAR ↗
Q1 2019$372.0B188May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$338.3B183Feb 15, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.