13F HOLDINGS REPORT
CULLINAN ASSOCIATES INC
Quarter ended Q3 2023 · Filed July 14, 2023 · Accession 0001161670-23-000003
Total Value
$1.82B
Positions
255
Other Managers
0
Confidential Omitted
No
Holdings (254)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | Apple Inc | AAPL | 738,304 | $143.2M | 7.87% |
| 2 | Wal-Mart Stores Inc | WMT | 888,754 | $139.7M | 7.68% |
| 3 | Coca-Cola Company | KO | 1,436,850 | $86.5M | 4.76% |
| 4 | Microsoft Corp | MSFT | 249,412 | $84.9M | 4.67% |
| 5 | S&P Global Inc. | SPGI | 130,000 | $52.1M | 2.86% |
| 6 | Procter & Gamble Co | 742718109 | 316,643 | $48.0M | 2.64% |
| 7 | Amgen Inc | AMGN | 210,422 | $46.7M | 2.57% |
| 8 | SPDR S&P 500 Trust | SPY | 94,976 | $42.1M | 2.31% |
| 9 | Johnson & Johnson | JNJ | 207,452 | $34.3M | 1.89% |
| 10 | Chevron Corp | CVX | 217,168 | $34.2M | 1.88% |
| 11 | McDonalds Corp | MCD | 98,833 | $29.5M | 1.62% |
| 12 | J P Morgan Chase & Co | VYLD | 178,411 | $25.9M | 1.43% |
| 13 | Exxon Mobil | XOM | 234,062 | $25.1M | 1.38% |
| 14 | Lowes Companies Inc | 548661107 | 111,026 | $25.1M | 1.38% |
| 15 | Electronic Arts | EA | 188,764 | $24.5M | 1.35% |
| 16 | Vertex Pharmaceutical | VRTX | 61,976 | $21.8M | 1.20% |
| 17 | Coinbase Global Inc. | COIN | 302,600 | $21.7M | 1.19% |
| 18 | Texas Instruments | 882508104 | 119,859 | $21.6M | 1.19% |
| 19 | Amazon | AMZN | 147,610 | $19.2M | 1.06% |
| 20 | Intl Business Machines Corp | INTR | 138,838 | $18.6M | 1.02% |
| 21 | AbbVie Inc | ABBV | 137,865 | $18.6M | 1.02% |
| 22 | AFLAC Inc | AFL | 263,052 | $18.4M | 1.01% |
| 23 | Adobe | ADBE | 36,460 | $17.8M | 0.98% |
| 24 | Comcast Corp | CCZ | 427,762 | $17.8M | 0.98% |
| 25 | American Express Co | AXP | 100,897 | $17.6M | 0.97% |
| 26 | Cisco Systems Inc | CSCO | 338,744 | $17.5M | 0.96% |
| 27 | Paychex Inc | PAYX | 155,195 | $17.4M | 0.95% |
| 28 | Raytheon Technologies Corp | RTX | 167,547 | $16.4M | 0.90% |
| 29 | Alphabet Class A | GOOG | 136,137 | $16.3M | 0.90% |
| 30 | Starbucks Corp | SBUX | 145,507 | $14.4M | 0.79% |
| 31 | Accenture PLC | ACN | 44,064 | $13.6M | 0.75% |
| 32 | Applied Materials | 038222105 | 89,979 | $13.0M | 0.71% |
| 33 | West Pharmaceutical Services | 955306105 | 34,000 | $13.0M | 0.71% |
| 34 | NextEra Energy | NEE-PW | 170,974 | $12.7M | 0.70% |
| 35 | Lockheed Martin | LMT | 27,198 | $12.5M | 0.69% |
| 36 | UnitedHealth | UNH | 26,020 | $12.5M | 0.69% |
| 37 | Morgan Stanley | MS-PQ | 145,919 | $12.5M | 0.68% |
| 38 | Medtronic Plc | MDT | 136,315 | $12.0M | 0.66% |
| 39 | TJX Companies | 872540109 | 141,356 | $12.0M | 0.66% |
| 40 | Verizon Communications Inc | VZ | 320,822 | $11.9M | 0.66% |
| 41 | Pfizer Inc | PFE | 316,610 | $11.6M | 0.64% |
| 42 | Corteva Inc | CTVA | 200,968 | $11.5M | 0.63% |
| 43 | CVS Health Corp | CVS | 163,790 | $11.3M | 0.62% |
| 44 | Oracle Corp | ORCL-PD | 93,356 | $11.1M | 0.61% |
| 45 | United Parcel Service Inc Cl B | UPS | 60,757 | $10.9M | 0.60% |
| 46 | Abbott Laboratories | ABLZF | 97,925 | $10.7M | 0.59% |
| 47 | ProLogis Inc | PLDGP | 86,315 | $10.6M | 0.58% |
| 48 | Costco Wholesale Corp | 22160K105 | 19,505 | $10.5M | 0.58% |
| 49 | Metlife Inc | MET-PF | 183,721 | $10.4M | 0.57% |
| 50 | Alphabet Class C | GOOG | 84,680 | $10.2M | 0.56% |
| 51 | Gilead Sciences | GILD | 131,377 | $10.1M | 0.56% |
| 52 | Fastenal Company | FAST | 158,175 | $9.3M | 0.51% |
| 53 | HP Inc | HPQ | 301,641 | $9.3M | 0.51% |
| 54 | Caterpillar | CAT | 36,759 | $9.0M | 0.50% |
| 55 | Crown Castle | CCI | 79,101 | $9.0M | 0.50% |
| 56 | Deere & Company | DE | 21,976 | $8.9M | 0.49% |
| 57 | YUM Brands | YUM | 62,577 | $8.7M | 0.48% |
| 58 | Home Depot | HD | 27,849 | $8.7M | 0.48% |
| 59 | Bristol Myers Squibb Company | CELG-RI | 134,383 | $8.6M | 0.47% |
| 60 | Merck & Company Inc | MRK | 71,744 | $8.3M | 0.46% |
| 61 | Tesla Motors Inc | TSLA | 31,400 | $8.2M | 0.45% |
| 62 | Salesforce.com Inc | CRM | 38,457 | $8.1M | 0.45% |
| 63 | Truist Financial Corporation | 89832Q109 | 257,800 | $7.8M | 0.43% |
| 64 | Analog Devices | ADI | 36,707 | $7.2M | 0.39% |
| 65 | Qualcomm Inc | QCOM | 57,606 | $6.9M | 0.38% |
| 66 | Cummins | CMI | 27,619 | $6.8M | 0.37% |
| 67 | Illinois Tool Works | 452308109 | 27,012 | $6.8M | 0.37% |
| 68 | Capital One Financial | 14040H105 | 61,684 | $6.7M | 0.37% |
| 69 | Visa Inc Cl A | V | 28,341 | $6.7M | 0.37% |
| 70 | Nvidia Corp | NVDA | 15,800 | $6.7M | 0.37% |
| 71 | Lam Research Corp | LRCX | 9,700 | $6.2M | 0.34% |
| 72 | Stryker | SYK | 20,268 | $6.2M | 0.34% |
| 73 | Exelon Corp | EXC | 151,182 | $6.2M | 0.34% |
| 74 | Dynatrace Holdings LLC | DT | 118,036 | $6.1M | 0.33% |
| 75 | Colgate-Palmolive Company | CL | 78,309 | $6.0M | 0.33% |
| 76 | American Tower REIT | 03027X100 | 30,506 | $5.9M | 0.33% |
| 77 | Monster Beverage Corp. | MNST | 102,300 | $5.9M | 0.32% |
| 78 | General Mills | 370334104 | 74,948 | $5.7M | 0.32% |
| 79 | Berkshire Hathaway Cl B | BRK-A | 16,637 | $5.7M | 0.31% |
| 80 | New York Times Company | NYT | 142,085 | $5.6M | 0.31% |
| 81 | Fiserv Inc | FISV | 44,317 | $5.6M | 0.31% |
| 82 | Mastercard | MA | 13,500 | $5.3M | 0.29% |
| 83 | Nike Inc Cl B | NKE | 48,007 | $5.3M | 0.29% |
| 84 | Emerson Electric Company | EMR | 57,686 | $5.2M | 0.29% |
| 85 | Constellation Brands | STZ | 20,102 | $4.9M | 0.27% |
| 86 | Philip Morris | 718172109 | 50,554 | $4.9M | 0.27% |
| 87 | Union Pacific Corp | UNP | 23,822 | $4.9M | 0.27% |
| 88 | Uber Technologies Inc | UBER | 108,587 | $4.7M | 0.26% |
| 89 | U S Bancorp | USB-PS | 141,221 | $4.7M | 0.26% |
| 90 | Automatic Data | ADP | 21,038 | $4.6M | 0.25% |
| 91 | Vanguard S&P 500 ETF | 922908363 | 11,200 | $4.6M | 0.25% |
| 92 | PagerDuty, Inc. | PD | 200,000 | $4.5M | 0.25% |
| 93 | PepsiCo | PEP | 23,686 | $4.4M | 0.24% |
| 94 | FirstEnergy | FE | 107,728 | $4.2M | 0.23% |
| 95 | Intuit | INTU | 9,136 | $4.2M | 0.23% |
| 96 | Airbnb Inc | ABNB | 30,557 | $3.9M | 0.22% |
| 97 | Corning | GLW | 111,630 | $3.9M | 0.22% |
| 98 | Linde PLC | LIN | 10,145 | $3.9M | 0.21% |
| 99 | Norfolk Southern | 655844108 | 16,063 | $3.6M | 0.20% |
| 100 | The Travelers Companies | TRV | 20,750 | $3.6M | 0.20% |
| 101 | Meta Platforms Inc | META | 12,048 | $3.5M | 0.19% |
| 102 | C H Robinsin Worldwide | CHRW | 36,548 | $3.4M | 0.19% |
| 103 | Eaton Corp | ETN | 16,644 | $3.3M | 0.18% |
| 104 | Mondelez Intl | 609207105 | 45,004 | $3.3M | 0.18% |
| 105 | Walt Disney Company | 254687106 | 36,251 | $3.2M | 0.18% |
| 106 | Vulcan Materials | 929160109 | 13,800 | $3.1M | 0.17% |
| 107 | Charles Schwab Corp | SCHW-PJ | 53,900 | $3.1M | 0.17% |
| 108 | KLA Tencor | KLAC | 6,028 | $2.9M | 0.16% |
| 109 | PayPal Hldg Inc | PYPL | 43,245 | $2.9M | 0.16% |
| 110 | Eli Lilly & Company | LLY | 6,038 | $2.8M | 0.16% |
| 111 | Intel Corp | INTC | 84,189 | $2.8M | 0.15% |
| 112 | Microchip | MCHPP | 30,500 | $2.7M | 0.15% |
| 113 | Dow Inc | DOW | 50,943 | $2.7M | 0.15% |
| 114 | Stanley Black & Decker | SWK | 25,812 | $2.4M | 0.13% |
| 115 | Roper Technologies | ROP | 5,000 | $2.4M | 0.13% |
| 116 | Lululemon | LULU | 6,326 | $2.4M | 0.13% |
| 117 | Blackstone Group | BX | 24,042 | $2.2M | 0.12% |
| 118 | Intl Paper | 460146103 | 68,358 | $2.2M | 0.12% |
| 119 | Bank Of America | 060505104 | 73,897 | $2.1M | 0.12% |
| 120 | ResMed Inc | RSMDF | 9,500 | $2.1M | 0.11% |
| 121 | Honeywell | 438516106 | 9,940 | $2.1M | 0.11% |
| 122 | Target Corp | TGT | 15,629 | $2.1M | 0.11% |
| 123 | ConocoPhillips | COP | 19,799 | $2.1M | 0.11% |
| 124 | Williams-Sonoma | WSM | 16,000 | $2.0M | 0.11% |
| 125 | Atlassian Corp CL A | TEAM | 11,869 | $2.0M | 0.11% |
| 126 | ASML Holding NV | ASMLF | 2,600 | $1.9M | 0.10% |
| 127 | Northrop Grumman Corp | NOC | 4,042 | $1.8M | 0.10% |
| 128 | Altria Group | MO | 40,011 | $1.8M | 0.10% |
| 129 | Southern Co | SOMN | 25,330 | $1.8M | 0.10% |
| 130 | Broadcom Ltd | AVGO | 2,000 | $1.7M | 0.10% |
| 131 | Steel Dynamics, Inc | STLD | 15,600 | $1.7M | 0.09% |
| 132 | Wells Fargo & Co | 949746101 | 39,765 | $1.7M | 0.09% |
| 133 | Ulta Beauty Inc | ULTA | 3,600 | $1.7M | 0.09% |
| 134 | Duke Energy Hldg | DUKB | 18,195 | $1.6M | 0.09% |
| 135 | Carrier Global | CARR | 31,661 | $1.6M | 0.09% |
| 136 | Boston Scientific | BSX | 28,500 | $1.5M | 0.08% |
| 137 | iShares Russell 1000 Growth ET | 464287614 | 5,600 | $1.5M | 0.08% |
| 138 | FMC Corporation | FMC | 14,448 | $1.5M | 0.08% |
| 139 | Sealed Air | SE | 37,457 | $1.5M | 0.08% |
| 140 | EOG Resources | EOG | 12,500 | $1.4M | 0.08% |
| 141 | First Solar Inc | FSLR | 7,500 | $1.4M | 0.08% |
| 142 | Ross Stores | ROST | 12,601 | $1.4M | 0.08% |
| 143 | Thermo Fisher Scientific | TMO | 2,700 | $1.4M | 0.08% |
| 144 | CNH Industrial NV | N20944109 | 93,500 | $1.3M | 0.07% |
| 145 | Beauty Health Company | 88331L108 | 159,253 | $1.3M | 0.07% |
| 146 | General Electric Company | GE | 11,753 | $1.3M | 0.07% |
| 147 | Edwards Lifesciences | EW | 12,811 | $1.2M | 0.07% |
| 148 | Regions Financial Corp | RF-PF | 66,900 | $1.2M | 0.07% |
| 149 | Dominion Energy | D | 22,078 | $1.1M | 0.06% |
| 150 | Prudential Financial | PUKPF | 12,375 | $1.1M | 0.06% |
| 151 | Novo Nordisk ADR | NONOF | 6,700 | $1.1M | 0.06% |
| 152 | Clorox | CLX | 6,775 | $1.1M | 0.06% |
| 153 | Nucor Corp | NUE | 6,424 | $1.1M | 0.06% |
| 154 | Dollar Tree Inc | DLTR | 7,200 | $1.0M | 0.06% |
| 155 | Hims and Hers Health | HIMS | 108,000 | $1.0M | 0.06% |
| 156 | Mosaic Co | MOS | 28,900 | $1.0M | 0.06% |
| 157 | CME Group | CME | 5,440 | $1.0M | 0.06% |
| 158 | Phillips 66 | PSX | 10,439 | $995,672 | 0.05% |
| 159 | Boeing | BA-PA | 4,625 | $976,615 | 0.05% |
| 160 | Advanced Micro | AMD | 8,553 | $974,272 | 0.05% |
| 161 | Okta Inc | OKTA | 14,000 | $970,900 | 0.05% |
| 162 | Zoetis Inc | ZTS | 5,400 | $929,934 | 0.05% |
| 163 | Baxter Intl | 071813109 | 20,400 | $929,424 | 0.05% |
| 164 | Simon Property Group | 828806109 | 8,030 | $927,304 | 0.05% |
| 165 | 3M Company | MMM | 8,780 | $878,790 | 0.05% |
| 166 | Fortive Corp | FTV | 11,700 | $874,809 | 0.05% |
| 167 | DuPont De Nemours & Co | DD | 11,921 | $851,636 | 0.05% |
| 168 | PNC Finl | 693475105 | 6,575 | $828,121 | 0.05% |
| 169 | CBOE Holdings Inc | 12503M108 | 6,000 | $828,060 | 0.05% |
| 170 | AstraZeneca PLC | AZN | 11,531 | $825,274 | 0.05% |
| 171 | Schlumberger Ltd | SLB | 16,800 | $825,216 | 0.05% |
| 172 | Sysco Corp | SYY | 11,000 | $816,200 | 0.04% |
| 173 | Quantum Scape Corp | 71467V109 | 101,000 | $806,990 | 0.04% |
| 174 | Diageo PLC ADR | DGEAF | 4,300 | $745,964 | 0.04% |
| 175 | Cardinal Health | CAH | 7,348 | $694,900 | 0.04% |
| 176 | Humana | HUM | 1,525 | $681,873 | 0.04% |
| 177 | Kimberly-Clark | KMB | 4,850 | $669,591 | 0.04% |
| 178 | Archer Daniels | ADM | 8,300 | $627,148 | 0.03% |
| 179 | T Rowe Price Grp Inc | TROW | 5,504 | $616,558 | 0.03% |
| 180 | Ford Motor | 345370860 | 40,500 | $612,765 | 0.03% |
| 181 | Trane Tech PLC | TT | 3,200 | $612,032 | 0.03% |
| 182 | Doordash Inc | DASH | 8,000 | $611,360 | 0.03% |
| 183 | Zscaler Inc | ZS | 4,000 | $585,200 | 0.03% |
| 184 | A. O. Smith Corp | AOS | 8,000 | $582,240 | 0.03% |
| 185 | Danaher Corp | 235851102 | 2,400 | $576,000 | 0.03% |
| 186 | ServiceNow | NOW | 1,000 | $561,970 | 0.03% |
| 187 | Blackrock Inc | BLK | 800 | $552,912 | 0.03% |
| 188 | Intuitive Surgical Inc | ISRG | 1,600 | $547,104 | 0.03% |
| 189 | General Dynamics | GD | 2,500 | $537,875 | 0.03% |
| 190 | UBS AG | UBS | 26,500 | $537,155 | 0.03% |
| 191 | Progressive Corp | 743315103 | 4,000 | $529,480 | 0.03% |
| 192 | Goldman Sachs | GSCE | 1,640 | $528,966 | 0.03% |
| 193 | Genuine Parts Company | GPC | 3,100 | $524,613 | 0.03% |
| 194 | McCormick and Co | MKC-V | 6,000 | $523,380 | 0.03% |
| 195 | Fifth Third Bancorp | FITBM | 19,364 | $507,530 | 0.03% |
| 196 | Novartis AG | NVSEF | 4,800 | $484,368 | 0.03% |
| 197 | Petroleo Brasileiro | 71654V408 | 33,200 | $459,156 | 0.03% |
| 198 | Kraft Heinz Co | KHC | 12,881 | $457,275 | 0.03% |
| 199 | Fortinet Inc | FTNT | 6,000 | $453,540 | 0.02% |
| 200 | Cintas Corporation | CTAS | 900 | $447,372 | 0.02% |
| 201 | Intl Flavors & Frag | 459506101 | 5,600 | $445,704 | 0.02% |
| 202 | BP PLC ADS | BPPFF | 12,500 | $441,125 | 0.02% |
| 203 | Alibaba Group Holding | BBAAY | 5,100 | $425,085 | 0.02% |
| 204 | Trex Company Inc | TREX | 6,400 | $419,584 | 0.02% |
| 205 | Consolidated Edison Inc | ED | 4,453 | $402,551 | 0.02% |
| 206 | Marathon Petroleum Corp | MARA | 3,440 | $401,104 | 0.02% |
| 207 | Science Applications Intl Corp | 808625107 | 3,500 | $393,680 | 0.02% |
| 208 | Royal Bank of Canada | 780087102 | 4,000 | $382,040 | 0.02% |
| 209 | Air Products & Chemicals | AIIR | 1,268 | $379,804 | 0.02% |
| 210 | SPDR DJIA ETF Trust | 78467X109 | 1,100 | $378,235 | 0.02% |
| 211 | Palo Alto Networks Inc | PANW | 1,400 | $357,714 | 0.02% |
| 212 | Leidos Holdings Inc. | LDOS | 4,000 | $353,920 | 0.02% |
| 213 | Atmos Energy Corp | ATO | 3,020 | $351,347 | 0.02% |
| 214 | Arvinas Inc | ARVN | 13,700 | $340,034 | 0.02% |
| 215 | Canadian National Railway | 136375102 | 2,800 | $338,996 | 0.02% |
| 216 | CSX Corp | CSX | 9,400 | $320,540 | 0.02% |
| 217 | Cognizant Technologies Sol A | CTSH | 4,905 | $320,198 | 0.02% |
| 218 | AT&T Inc | T-PC | 19,956 | $318,298 | 0.02% |
| 219 | Quanta Services Inc | 74762E102 | 1,600 | $314,320 | 0.02% |
| 220 | Biogen Idec | BIIB | 1,100 | $313,335 | 0.02% |
| 221 | Lincoln National Corporation | 534187109 | 12,100 | $311,696 | 0.02% |
| 222 | Eversource Energy | ES | 4,357 | $308,998 | 0.02% |
| 223 | iShares Russell Midcap | 464287499 | 4,200 | $306,726 | 0.02% |
| 224 | Lithia Motors Inc | 536797103 | 1,000 | $304,110 | 0.02% |
| 225 | GE HealthCare Technologies Inc | GEHC | 3,712 | $301,563 | 0.02% |
| 226 | Micron Technology | MU | 4,700 | $296,617 | 0.02% |
| 227 | Plains GP Holdings | PAGP | 20,000 | $296,600 | 0.02% |
| 228 | Dover Corporation | DOV | 2,000 | $295,300 | 0.02% |
| 229 | Becton Dickenson & Co | BDX | 1,100 | $290,411 | 0.02% |
| 230 | Ingersoll-Rand PLC | IR | 4,401 | $287,649 | 0.02% |
| 231 | Digital Realty Trust | 253868103 | 2,519 | $286,839 | 0.02% |
| 232 | Kinder Morgan | EP-PC | 16,537 | $284,767 | 0.02% |
| 233 | Valero Energy | VLO | 2,400 | $281,520 | 0.02% |
| 234 | Occidental Petr Corp | 674599105 | 4,672 | $274,714 | 0.02% |
| 235 | Vail Resorts Inc | MTN | 972 | $244,711 | 0.01% |
| 236 | American Electric Power | 025537101 | 2,900 | $244,180 | 0.01% |
| 237 | Fortune Brands Innovations Inc | FBIN | 3,200 | $230,240 | 0.01% |
| 238 | Cigna | CI | 800 | $224,480 | 0.01% |
| 239 | Shell PLC | RYDAF | 3,700 | $223,406 | 0.01% |
| 240 | Otis Worldwide | OTIS | 2,501 | $222,614 | 0.01% |
| 241 | Knight-Swift Trans | 499049104 | 3,900 | $216,684 | 0.01% |
| 242 | McKesson Corp | MCK | 500 | $213,655 | 0.01% |
| 243 | Garmin | GRMN | 2,020 | $210,666 | 0.01% |
| 244 | Bank of N.Y. | 064058100 | 4,705 | $209,467 | 0.01% |
| 245 | Eastman Chemical | EMN | 2,500 | $209,300 | 0.01% |
| 246 | Moody's Corp | MCO | 600 | $208,632 | 0.01% |
| 247 | Cognex | CGNX | 3,700 | $207,274 | 0.01% |
| 248 | AppFolio Inc | APPF | 1,200 | $206,568 | 0.01% |
| 249 | Energy Transfer LP | ET-PI | 12,520 | $159,004 | 0.01% |
| 250 | Levi Strauss & Co | LEVI | 10,000 | $144,300 | 0.01% |
| 251 | Fulton Financial | 360271100 | 11,700 | $139,464 | 0.01% |
| 252 | Snap Inc | SNAP | 11,500 | $136,160 | 0.01% |
| 253 | Luminar Technologies Inc | LAZRQ | 19,313 | $132,873 | 0.01% |
| 254 | NaturalShrimp Inc | 63902N106 | 95,000 | $3,743 | 0.00% |