President

0001054677-15-000002.txt : 20150514 0001054677-15-000002.hdr.sgml : 20150514 20150514125903 ACCESSION NUMBER: 0001054677-15-000002 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20150331 FILED AS OF DATE: 20150514 DATE AS OF CHANGE: 20150514 EFFECTIVENESS DATE: 20150514 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ALBION FINANCIAL GROUP /UT CENTRAL INDEX KEY: 0001054677 IRS NUMBER: 870392058 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-06676 FILM NUMBER: 15861645 BUSINESS ADDRESS: STREET 1: 812 EAST 2100 SOUTH CITY: SALT LAKE CITY STATE: UT ZIP: 84106 BUSINESS PHONE: 8014873700 MAIL ADDRESS: STREET 1: 812 EAST 2100 SOUTH CITY: SALT LAKE CITY STATE: UT ZIP: 84106 FORMER COMPANY: FORMER CONFORMED NAME: ALBION MANAGEMENT GROUP/UT DATE OF NAME CHANGE: 19990325 13F-HR 1 primary_doc.xml 13F-HR LIVE false true false 0001054677 XXXXXXXX 03-31-2015 03-31-2015 ALBION FINANCIAL GROUP /UT

812 EAST 2100 SOUTH SALT LAKE CITY UT 84106

13F HOLDINGS REPORT 028-06676 N John Bird President 8014873700 John Bird Salt Lake City UT 05-14-2015 0 179 588948 false INFORMATION TABLE 2 Q12015.xml 3M Company COM 88579Y101 989 5994 SH SOLE 0 0 5994 AbbVie Inc. COM 00287Y109 309 5285 SH SOLE 0 0 5285 Abbott Laboratories COM 002824100 209 4510 SH SOLE 0 0 4510 Accelerate Diagnostics, Inc. COM 00430H102 1118 49693 SH SOLE 0 0 49693 Actavis Plc COM G0083B108 34676 116511 SH SOLE 0 0 116511 Acuity Brands, Inc. COM 00508Y102 324 1924 SH SOLE 0 0 1924 Adobe Systems Inc. COM 00724F101 777 10514 SH SOLE 0 0 10514 Altria Group Inc COM 02209S103 458 9154 SH SOLE 0 0 9154 American Airlines Group Inc. COM 02376R102 19411 367767 SH SOLE 0 0 367767 American Electric Power COM 025537101 1303 23156 SH SOLE 0 0 23156 AmerisourceBergen Corp COM 03073E105 402 3535 SH SOLE 0 0 3535 Apple Inc. COM 037833100 24529 197129 SH SOLE 0 0 197129 Automatic Data Processing Inc. COM 053015103 411 4797 SH SOLE 0 0 4797 Axis Energy Corporation COM 05462C103 0 10000 SH SOLE 0 0 10000 B/E Aerospace, Inc. COM 073302101 9586 150673 SH SOLE 0 0 150673 Bank of America Corp COM 060505104 9426 612497 SH SOLE 0 0 612497 Berkshire Hathaway CL B COM 084670702 927 6422 SH SOLE 0 0 6422 Berkshire Hathaway Inc. Class COM 084670108 218 100 SH SOLE 0 0 100 BioTime Inc. COM 09066L105 115 23085 SH SOLE 0 0 23085 Blackhawk Network Holdings Inc COM 09238E104 11236 314118 SH SOLE 0 0 314118 Blackrock Inc. COM 09247X101 262 715 SH SOLE 0 0 715 Boeing Company COM 097023105 11522 76772 SH SOLE 0 0 76772 Bristol-Myers Squibb Co. COM 110122108 356 5514 SH SOLE 0 0 5514 Campbell Soup Company COM 134429109 216 4650 SH SOLE 0 0 4650 Caterpillar Inc COM 149123101 274 3425 SH SOLE 0 0 3425 Celanese Corp. COM 150870103 406 7275 SH SOLE 0 0 7275 Celgene Corp. COM 151020104 16585 143869 SH SOLE 0 0 143869 CenturyLink, Inc. COM 156700106 218 6300 SH SOLE 0 0 6300 Charles Schwab Corp COM 808513105 390 12810 SH SOLE 0 0 12810 Check Point Software COM M22465104 712 8687 SH SOLE 0 0 8687 Cisco Systems Inc. COM 17275R102 3284 119294 SH SOLE 0 0 119294 Clorox Company COM 189054109 4656 42174 SH SOLE 0 0 42174 Coca-Cola Company COM 191216100 989 24393 SH SOLE 0 0 24393 Cognizant Tech Solutions COM 192446102 419 6720 SH SOLE 0 0 6720 ConAgra Foods, Inc. COM 205887102 422 11560 SH SOLE 0 0 11560 Consolidated Edison, Inc. COM 209115104 3228 52919 SH SOLE 0 0 52919 Digirad Corporation COM 253827109 59 13100 SH SOLE 0 0 13100 Directv COM 25490A309 311 3651 SH SOLE 0 0 3651 DuPont de Nemours & Co. COM 263534109 557 7800 SH SOLE 0 0 7800 Duke Energy Corp COM 26441C204 592 7707 SH SOLE 0 0 7707 Eaton Corporation, plc COM G29183103 962 14164 SH SOLE 0 0 14164 Ecolab Inc COM 278865100 261 2281 SH SOLE 0 0 2281 EnerSys Inc COM 29275Y102 796 12389 SH SOLE 0 0 12389 Exxon Mobil Corporation COM 30231G102 3353 39447 SH SOLE 0 0 39447 FedEx Corp COM 31428X106 221 1336 SH SOLE 0 0 1336 Fiserv Inc. COM 337738108 599 7546 SH SOLE 0 0 7546 General Electric Company COM 369604103 15677 631876 SH SOLE 0 0 631876 General Mills Inc. COM 370334104 1157 20442 SH SOLE 0 0 20442 General Motors Company COM 37045V100 1806 48159 SH SOLE 0 0 48159 Gilead Sciences Inc. COM 375558103 8417 85773 SH SOLE 0 0 85773 Glaxo Smithkline ADS COM 37733W105 4093 88693 SH SOLE 0 0 88693 Google Inc. Class A COM 38259P508 4393 7920 SH SOLE 0 0 7920 Google Inc. Class C COM 38259P706 347 634 SH SOLE 0 0 634 Hanesbrands, Inc. COM 410345102 527 15716 SH SOLE 0 0 15716 Hasbro Inc. COM 418056107 893 14120 SH SOLE 0 0 14120 Healthcare Services Group COM 421906108 325 10108 SH SOLE 0 0 10108 Home Depot Inc. COM 437076102 16008 140905 SH SOLE 0 0 140905 Honeywell Intl Inc COM 438516106 417 4000 SH SOLE 0 0 4000 Intel Corporation COM 458140100 748 23929 SH SOLE 0 0 23929 International Paper Co. COM 460146103 1556 28036 SH SOLE 0 0 28036 Jazz Pharmaceuticals plc COM G50871105 502 2903 SH SOLE 0 0 2903 Johnson & Johnson COM 478160104 1611 16011 SH SOLE 0 0 16011 KeyCorp COM 493267108 9031 637765 SH SOLE 0 0 637765 Kimberly-Clark Corp. COM 494368103 3460 32301 SH SOLE 0 0 32301 Kinder Morgan Inc. COM 49456B101 237 5639 SH SOLE 0 0 5639 Kraft Foods Group Inc COM 50076Q106 4447 51044 SH SOLE 0 0 51044 L Brands, Inc. COM 501797104 816 8649 SH SOLE 0 0 8649 Lear Corporation COM 521865204 11208 101140 SH SOLE 0 0 101140 Leggett & Platt Inc. COM 524660107 1147 24893 SH SOLE 0 0 24893 Libbey Inc. COM 529898108 757 18973 SH SOLE 0 0 18973 Lockheed Martin Corp. COM 539830109 747 3681 SH SOLE 0 0 3681 Macy's Inc. COM 55616P104 795 12255 SH SOLE 0 0 12255 Medtronic Plc COM G5960L103 1686 21612 SH SOLE 0 0 21612 Merck & Co. Inc. COM 58933Y105 3810 66283 SH SOLE 0 0 66283 Methode Electronics Inc COM 591520200 370 7864 SH SOLE 0 0 7864 Microsoft Corporation COM 594918104 1195 29402 SH SOLE 0 0 29402 Mondelez International Inc COM 609207105 391 10825 SH SOLE 0 0 10825 Monsanto Co COM 61166W101 293 2602 SH SOLE 0 0 2602 NXP Semiconductors NV COM N6596X109 31713 315993 SH SOLE 0 0 315993 On Assignment Inc. COM 682159108 260 6765 SH SOLE 0 0 6765 Oracle Corporation COM 68389X105 524 12144 SH SOLE 0 0 12144 PepsiCo, Inc. COM 713448108 464 4856 SH SOLE 0 0 4856 Pfizer Inc. COM 717081103 953 27390 SH SOLE 0 0 27390 Phillips 66 COM 718546104 202 2566 SH SOLE 0 0 2566 Piedmont Natural Gas Co. COM 720186105 243 6575 SH SOLE 0 0 6575 Procter & Gamble Co. COM 742718109 790 9636 SH SOLE 0 0 9636 PulteGroup, Inc. COM 745867101 231 10395 SH SOLE 0 0 10395 Regions Financial Corp COM 7591EP100 262 27761 SH SOLE 0 0 27761 Royal Dutch Shell B COM 780259107 1799 28690 SH SOLE 0 0 28690 Sanofi ADS COM 80105N105 1216 24593 SH SOLE 0 0 24593 Schlumberger Ltd. COM 806857108 355 4260 SH SOLE 0 0 4260 Sigma-Aldrich Corporation COM 826552101 492 3556 SH SOLE 0 0 3556 Spectra Energy Corp COM 847560109 1557 43039 SH SOLE 0 0 43039 Starbucks Corporation COM 855244109 843 8901 SH SOLE 0 0 8901 Stericycle Inc. COM 858912108 756 5381 SH SOLE 0 0 5381 Sysco Corporation COM 871829107 578 15319 SH SOLE 0 0 15319 TJX Companies Inc. COM 872540109 12427 177407 SH SOLE 0 0 177407 Tesla Motors, Inc. COM 88160R101 481 2548 SH SOLE 0 0 2548 Time Warner Cable Inc. COM 88732J207 315 2100 SH SOLE 0 0 2100 Total SA ADR COM 89151E109 1905 38361 SH SOLE 0 0 38361 Tractor Supply Co. COM 892356106 646 7600 SH SOLE 0 0 7600 Union Pacific Corp. COM 907818108 1614 14899 SH SOLE 0 0 14899 United Rentals Inc. COM 911363109 3218 35298 SH SOLE 0 0 35298 VISA Inc. COM 92826C839 7142 109193 SH SOLE 0 0 109193 Verifone Systems Inc. COM 92342y109 9103 260910 SH SOLE 0 0 260910 Verizon Communications, Inc. COM 92343V104 3380 69507 SH SOLE 0 0 69507 Walt Disney Company COM 254687106 16973 161819 SH SOLE 0 0 161819 Wells Fargo & Co COM 949746101 1539 28289 SH SOLE 0 0 28289 Westar Energy Inc COM 95709T100 1638 42255 SH SOLE 0 0 42255 Zebra Technologies Corp COM 989207105 355 3912 SH SOLE 0 0 3912 Restricted Organovo Holdings I COM 68620a914 395 111483 SH SOLE 0 0 111483 Guggenheim Timber COM 18383Q879 1503 58674 SH SOLE 0 0 58674 Market Vectors Biotech COM 57060U183 1755 13544 SH SOLE 0 0 13544 PowerShares QQQ Trust Sr 1 COM 73935A104 4317 40880 SH SOLE 0 0 40880 Pshrs FTSE RAFI 1500 Sm Mid COM 73935X567 2478 23820 SH SOLE 0 0 23820 SPDR Gold Trust COM 78463V107 205 1805 SH SOLE 0 0 1805 SPDR S&P 500 ETF Trust COM 78462F103 8213 39786 SH SOLE 0 0 39786 iShares DJ Transportation Avg COM 464287192 1583 10106 SH SOLE 0 0 10106 iShares DJ US Regional Bks COM 464288778 2281 65420 SH SOLE 0 0 65420 iShares Nasdaq Biotech COM 464287556 9938 28936 SH SOLE 0 0 28936 iShares Russell Midcap COM 464287499 6833 39470 SH SOLE 0 0 39470 Vanguard MSCI Emerging Markets COM 922042858 1075 26299 SH SOLE 0 0 26299 Wisdom Tree Europe Hedged Equi COM 97717x701 2482 37530 SH SOLE 0 0 37530 Wisdomtree Emerging Markets Sm COM 97717w281 1292 29204 SH SOLE 0 0 29204 iShares MSCI Australia Index F COM 464286103 1071 46865 SH SOLE 0 0 46865 iShares MSCI Canada COM 464286509 1125 41409 SH SOLE 0 0 41409 iShares MSCI Hong Kong COM 464286871 1466 66859 SH SOLE 0 0 66859 iShares MSCI Singapore COM 464286673 1268 99049 SH SOLE 0 0 99049 SPDR S&P Dividend COM 78464A763 2802 35827 SH SOLE 0 0 35827 Wisdom Div Ex-Financials Fd COM 97717W406 425 5605 SH SOLE 0 0 5605 iShares Select Dividend COM 464287168 317 4065 SH SOLE 0 0 4065 PIMCO Total Rtn COM 72201R775 514 4665 SH SOLE 0 0 4665 Vanguard Short-Term Cor. Bond COM 92206C409 6459 80526 SH SOLE 0 0 80526 iShares Core US Aggrgt Bd COM 464287226 1487 13349 SH SOLE 0 0 13349 Energy Transfer Equity LP COM 29273v100 231 3650 SH SOLE 0 0 3650 General Electric Company COM 369604103 30912 1245934 SH SOLE 0 0 1245934 JPMorgan Chase & Co COM 46625H100 243 4015 SH SOLE 0 0 4015 MFS Value Fund CL A COM 552983801 282 8075 SH SOLE 0 0 8075 Valspar Corporation COM 920355104 103325 1229615 SH SOLE 0 0 1229615 Vanguard Short-Term Investment COM 922031836 1304 121686 SH SOLE 0 0 121686 Digital Realty Trust Inc COM 253868103 644 9770 SH SOLE 0 0 9770 Government Pptys Income Tr COM 38376a103 729 31915 SH SOLE 0 0 31915 Hospitalities Trust REIT COM 44106m102 371 11245 SH SOLE 0 0 11245 Senior Housing Prop Trust COM 81721m109 804 36244 SH SOLE 0 0 36244 CREF Equity Index COM 194408308 674 4100 SH SOLE 0 0 4100 DFA Global Real Estate Securit COM 23320G554 210 19331 SH SOLE 0 0 19331 DFA International Core Equity COM 233203371 910 74792 SH SOLE 0 0 74792 DFA U.S. Large Cap Value Portf COM 233203827 201 5947 SH SOLE 0 0 5947 DFA US Core Equity COM 233203413 1528 83664 SH SOLE 0 0 83664 DFA US Lg-Cap Growth Prtf Inst COM 23320g281 204 13748 SH SOLE 0 0 13748 DFA US Targeted Value Fund COM 233203595 604 26304 SH SOLE 0 0 26304 Dodge Cox Stock Fund COM 256219106 325 1843 SH SOLE 0 0 1843 Fidelity Contrafund COM 316071109 910 9010 SH SOLE 0 0 9010 Fidelity International Discove COM 315910208 470 11685 SH SOLE 0 0 11685 Fidelity Low Price Stock AD COM 316345305 973 19036 SH SOLE 0 0 19036 Fidelity Small Cap Growth COM 316389766 443 22127 SH SOLE 0 0 22127 Grandeur Peak Global Opportuni COM 317609386 40 12347 SH SOLE 0 0 12347 Oakmark Fund COM 413838103 1224 18551 SH SOLE 0 0 18551 Oakmark International Fund COM 413838202 432 17368 SH SOLE 0 0 17368 TIAA-CREF Growth & Income Fund COM 87244w763 210 16756 SH SOLE 0 0 16756 TIAA-CREF Insti Mid Cap Growth COM 87244w805 569 25314 SH SOLE 0 0 25314 TIAA-CREF Institutional Large COM 87244w680 605 27973 SH SOLE 0 0 27973 Tax Free Fund For Utah Class A COM 03842a822 152 14492 SH SOLE 0 0 14492 Vaguard Small-Cap Index COM 922908686 529 9030 SH SOLE 0 0 9030 Vanguard Mid Capitalization In COM 922908835 531 15076 SH SOLE 0 0 15076 Vanguard Selected Value Fund COM 921946109 946 32896 SH SOLE 0 0 32896 Vanguard Specialized Dividend COM 921908604 230 10022 SH SOLE 0 0 10022 Vanguard Windsor II Fund COM 922018205 885 23735 SH SOLE 0 0 23735 DFA Intermediate Term Extended COM 23320G513 502 45638 SH SOLE 0 0 45638 DFA Investment Grade Port Inst COM 23320g448 116 10591 SH SOLE 0 0 10591 DFA Selectively Hedged Global COM 233203223 262 27365 SH SOLE 0 0 27365 DFA Short Term Extended Qualit COM 23320G521 603 55353 SH SOLE 0 0 55353 Fidelity Floating Rate High In COM 315916783 878 90372 SH SOLE 0 0 90372 Franklin Fed Interm T/F A COM 354723710 175 14072 SH SOLE 0 0 14072 Metropolitan West Total Return COM 592905103 211 19153 SH SOLE 0 0 19153 Nuveen Arizona Mun Bond Fund C COM 67065l104 196 18056 SH SOLE 0 0 18056 PIMCO Total Return Instl COM 693390700 134 12318 SH SOLE 0 0 12318 Putnam Arizona Tax Exempt Inco COM 746441104 98 10554 SH SOLE 0 0 10554 Vanguard Intermediate-Term Inv COM 922031810 925 92767 SH SOLE 0 0 92767