Associate

0001054677-19-000002.txt : 20190514 0001054677-19-000002.hdr.sgml : 20190514 20190514112118 ACCESSION NUMBER: 0001054677-19-000002 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20190331 FILED AS OF DATE: 20190514 DATE AS OF CHANGE: 20190514 EFFECTIVENESS DATE: 20190514 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: 19821229 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 false true 0001054677 XXXXXXXX 03-31-2019 03-31-2019 ALBION FINANCIAL GROUP /UT

812 EAST 2100 SOUTH SALT LAKE CITY UT 84106

13F HOLDINGS REPORT 028-06676 N Scott Kellner Associate 8014873700 Scott Kellner Salt Lake City UT 05-14-2019 0 207 737359 false INFORMATION TABLE 2 Q12019.xml 3M Company COM 88579Y101 224 1078 SH SOLE 0 0 1078 AFLAC Inc. COM 001055102 887 17740 SH SOLE 0 0 17740 AT&T Inc. COM 00206R102 2621 83567 SH SOLE 0 0 83567 AVEO Pharmaceuticals, Inc. COM 053588109 20 23800 SH SOLE 0 0 23800 AbbVie Inc. COM 00287Y109 451 5594 SH SOLE 0 0 5594 Abbott Laboratories COM 002824100 347 4335 SH SOLE 0 0 4335 Accelerate Diagnostics, Inc. COM 00430H102 228 10858 SH SOLE 0 0 10858 Adobe Inc. COM 00724F101 1029 3860 SH SOLE 0 0 3860 Alibaba Group Holding COM 01609W102 761 4170 SH SOLE 0 0 4170 Alphabet Inc. Class A COM 02079K305 14866 12632 SH SOLE 0 0 12632 Alphabet Inc. Class C COM 02079K107 715 609 SH SOLE 0 0 609 Altria Group Inc COM 02209S103 275 4787 SH SOLE 0 0 4787 Amazon.com Inc. COM 023135106 21029 11809 SH SOLE 0 0 11809 American Electric Power COM 025537101 1274 15210 SH SOLE 0 0 15210 Amgen Inc. COM 031162100 3232 17014 SH SOLE 0 0 17014 Apple Inc. COM 037833100 21182 111512 SH SOLE 0 0 111512 Automatic Data Processing Inc. COM 053015103 515 3221 SH SOLE 0 0 3221 Bank of America Corp COM 060505104 590 21371 SH SOLE 0 0 21371 Berkshire Hathaway CL B COM 084670702 12094 60202 SH SOLE 0 0 60202 Berkshire Hathaway Inc. Class COM 084990175 301 100 SH SOLE 0 0 100 Blackrock Inc. COM 09247X101 604 1413 SH SOLE 0 0 1413 Celanese Corp. COM 150870103 690 7000 SH SOLE 0 0 7000 Charles Schwab Corp COM 808513105 548 12810 SH SOLE 0 0 12810 Check Point Software COM M22465104 498 3941 SH SOLE 0 0 3941 Cintas Corporation COM 172908105 4003 19806 SH SOLE 0 0 19806 Cisco Systems Inc. COM 17275R102 9346 173107 SH SOLE 0 0 173107 Clorox Company COM 189054109 4390 27361 SH SOLE 0 0 27361 Coca-Cola Company COM 191216100 671 14322 SH SOLE 0 0 14322 Conagra Brands Inc. COM 205887102 224 8060 SH SOLE 0 0 8060 Conatus Pharmaceuticals Inc. COM 20600T108 13 12000 SH SOLE 0 0 12000 ConocoPhillips COM 20825C104 209 3138 SH SOLE 0 0 3138 Consolidated Edison, Inc. COM 209115104 5027 59276 SH SOLE 0 0 59276 Costco Wholesale Corp COM 22160K105 8276 34179 SH SOLE 0 0 34179 Dominion Energy, Inc. COM 25746U109 3480 45391 SH SOLE 0 0 45391 Duke Energy Corp COM 26441C204 780 8662 SH SOLE 0 0 8662 Equinix Inc COM 29444U700 868 1916 SH SOLE 0 0 1916 Essent Group Ltd. COM G3198U102 425 9784 SH SOLE 0 0 9784 Evergy Inc. COM 30034W106 1577 27160 SH SOLE 0 0 27160 Eversource Energy COM 30040W108 234 3292 SH SOLE 0 0 3292 Evolus, Inc. COM 30052C107 212 9397 SH SOLE 0 0 9397 Exxon Mobil Corporation COM 30231G102 1743 21570 SH SOLE 0 0 21570 Federal Signal Corp. COM 313855108 918 35314 SH SOLE 0 0 35314 Fiserv Inc. COM 337738108 10246 116063 SH SOLE 0 0 116063 FleetCor Technologies, Inc. COM 339041105 452 1831 SH SOLE 0 0 1831 Fox Factory Holding Corp. COM 35138V102 983 14065 SH SOLE 0 0 14065 General Mills Inc. COM 370334104 837 16176 SH SOLE 0 0 16176 Genuine Parts Company COM 372460105 1987 17733 SH SOLE 0 0 17733 Gilead Sciences Inc. COM 375558103 436 6711 SH SOLE 0 0 6711 Hasbro Inc. COM 418056107 3046 35829 SH SOLE 0 0 35829 Hexcel Corporation COM 428291108 517 7482 SH SOLE 0 0 7482 Home Depot Inc. COM 437076102 11805 61519 SH SOLE 0 0 61519 Honeywell Intl Inc COM 438516106 9831 61862 SH SOLE 0 0 61862 IBM Corp COM 459200101 1937 13726 SH SOLE 0 0 13726 Intel Corporation COM 458140100 4028 75001 SH SOLE 0 0 75001 International Flavors&Frag. COM 459506101 222 1720 SH SOLE 0 0 1720 Intuitive Surgical, Inc. COM 46120E602 573 1005 SH SOLE 0 0 1005 JPMorgan Chase & Co COM 46625H100 13739 135724 SH SOLE 0 0 135724 Johnson & Johnson COM 478160104 1575 11267 SH SOLE 0 0 11267 KeyCorp COM 493267108 7447 472794 SH SOLE 0 0 472794 Kimberly-Clark Corp. COM 494368103 4858 39213 SH SOLE 0 0 39213 Lamb Weston Holdings, Inc. COM 513272104 201 2686 SH SOLE 0 0 2686 LeMaitre Vascular, Inc. COM 525558201 309 9979 SH SOLE 0 0 9979 Leggett & Platt Inc. COM 524660107 2884 68304 SH SOLE 0 0 68304 Libbey Inc. COM 529898108 134 47284 SH SOLE 0 0 47284 Lockheed Martin Corp. COM 539830109 4443 14803 SH SOLE 0 0 14803 LyondellBasell Industries cl A COM N53745100 219 2600 SH SOLE 0 0 2600 McDonald's Corp. COM 580135101 6032 31763 SH SOLE 0 0 31763 Medtronic PLC COM G5960L103 1299 14267 SH SOLE 0 0 14267 Merck & Co. Inc. COM 58933Y105 1997 24016 SH SOLE 0 0 24016 Microsoft Corporation COM 594918104 18951 160681 SH SOLE 0 0 160681 Mondelez International Inc COM 609207105 499 10000 SH SOLE 0 0 10000 Morgan Stanley COM 617446448 1536 36396 SH SOLE 0 0 36396 Netflix Inc COM 64110L106 772 2165 SH SOLE 0 0 2165 Nike Inc cl B COM 654106103 530 6296 SH SOLE 0 0 6296 Oliex Inc. COM 678034208 0 10000 SH SOLE 0 0 10000 Oracle Corporation COM 68389X105 564 10500 SH SOLE 0 0 10500 Organovo Holdings, Inc. COM 68620A104 38 38242 SH SOLE 0 0 38242 PLURALSIGHT INC COM 72941B106 303 9545 SH SOLE 0 0 9545 PayPal Holdings, Inc. COM 70450Y103 1084 10438 SH SOLE 0 0 10438 Paychex, Inc. COM 704326107 3730 46510 SH SOLE 0 0 46510 PepsiCo, Inc. COM 713448108 4708 38415 SH SOLE 0 0 38415 Pfizer Inc. COM 717081103 975 22954 SH SOLE 0 0 22954 Phillips 66 COM 718546104 249 2619 SH SOLE 0 0 2619 Procter & Gamble Co. COM 742718109 917 8810 SH SOLE 0 0 8810 Qualcomm Inc. COM 747525103 3376 59199 SH SOLE 0 0 59199 RealPage, Inc. COM 75606N109 952 15680 SH SOLE 0 0 15680 Royal Dutch Shell B COM 780259107 3794 59325 SH SOLE 0 0 59325 S&P Global Inc. COM 78409V104 246 1170 SH SOLE 0 0 1170 Starbucks Corporation COM 855244109 892 11995 SH SOLE 0 0 11995 Sungold Int Holdings Corp COM 867373102 0 10000 SH SOLE 0 0 10000 Sysco Corporation COM 871829107 2172 32535 SH SOLE 0 0 32535 TJX Companies Inc. COM 872540109 515 9688 SH SOLE 0 0 9688 Target Corporation COM 87612E106 2537 31615 SH SOLE 0 0 31615 Telus Corp NV COM 87971M103 241 6500 SH SOLE 0 0 6500 Tencent Holdings Ltd. COM 88032Q109 570 12386 SH SOLE 0 0 12386 Tesla, Inc. COM 88160R101 280 1001 SH SOLE 0 0 1001 Tiffany & Company COM 886547108 215 2035 SH SOLE 0 0 2035 Total SA ADR COM 89151E109 3340 60010 SH SOLE 0 0 60010 Tractor Supply Co. COM 892356106 743 7600 SH SOLE 0 0 7600 Union Pacific Corp. COM 907818108 5066 30297 SH SOLE 0 0 30297 United Parcel Service Inc. COM 911312106 4158 37207 SH SOLE 0 0 37207 UnitedHealth Group, Inc. COM 91324P102 5759 23293 SH SOLE 0 0 23293 VISA Inc. COM 92826C839 15480 99112 SH SOLE 0 0 99112 Verizon Communications, Inc. COM 92343V104 5087 86038 SH SOLE 0 0 86038 WEC Energy Group COM 92939U106 3064 38746 SH SOLE 0 0 38746 Walt Disney Company COM 254687106 9743 87750 SH SOLE 0 0 87750 Waste Management Inc. COM 94106L109 242 2331 SH SOLE 0 0 2331 Wells Fargo & Co COM 949746101 1136 23500 SH SOLE 0 0 23500 ETF Managers Trust Altr Hrvst COM 26924G508 307 8431 SH SOLE 0 0 8431 Fidelity Nasdaq Composite Inde COM 315912808 2188 7228 SH SOLE 0 0 7228 Invesco FTSE RAFI 1500 Small-M COM 46137V597 2930 22965 SH SOLE 0 0 22965 Invesco MSCI Global Timber COM 73936Q587 1564 57000 SH SOLE 0 0 57000 Invesco QQQ Trust ETF COM 46090E103 1608 8950 SH SOLE 0 0 8950 Invesco S&P 500 Equal Weight T COM 46137V282 1787 10506 SH SOLE 0 0 10506 Real Estate Select Sector SPDR COM 81369y860 11672 322248 SH SOLE 0 0 322248 SPDR Energy Sel Sectr COM 81369Y506 9288 140468 SH SOLE 0 0 140468 SPDR Financial Select COM 81369Y605 19995 777700 SH SOLE 0 0 777700 SPDR S&P 500 ETF Trust COM 78462F103 11064 39168 SH SOLE 0 0 39168 SPDR S&P Global Dividend COM 78463X459 336 5060 SH SOLE 0 0 5060 Schwab US Large Cap Growth ETF COM 808524300 2449 30837 SH SOLE 0 0 30837 Schwab US Mid Cap COM 808524508 2973 53666 SH SOLE 0 0 53666 VanEck Vectors Biotech ETF COM 92189f726 1287 10014 SH SOLE 0 0 10014 Vanguard Index Funds Vanguard COM 922908736 818 5227 SH SOLE 0 0 5227 Vanguard Info Tech COM 92204A702 213 1063 SH SOLE 0 0 1063 Vanguard S&P 500 COM 922908363 75961 292675 SH SOLE 0 0 292675 iShares Core Russell U.S. Grow COM 464287671 1976 32754 SH SOLE 0 0 32754 iShares Core S&P Mid-Cap COM 464287507 2363 12478 SH SOLE 0 0 12478 iShares Core S&P Small-Cap COM 464287804 22792 295423 SH SOLE 0 0 295423 iShares Nasdaq Biotech COM 464287556 11683 104501 SH SOLE 0 0 104501 iShares Russell 1000 Grth COM 464287614 207 1367 SH SOLE 0 0 1367 iShares Russell Midcap COM 464287499 45038 834801 SH SOLE 0 0 834801 iShares S&P 500 Growth COM 464287309 448 2600 SH SOLE 0 0 2600 Vanguard FTSE All-World ex-US COM 922042775 28833 574944 SH SOLE 0 0 574944 Vanguard MSCI Emerging Markets COM 922042858 23835 560826 SH SOLE 0 0 560826 Wisdomtree Emerging Markets Sm COM 97717w281 1017 21595 SH SOLE 0 0 21595 iShares MSCI Australia Index F COM 464286103 823 38260 SH SOLE 0 0 38260 iShares MSCI Canada COM 464286509 1078 39000 SH SOLE 0 0 39000 iShares MSCI Frontier 100 Fund COM 464286145 11320 397750 SH SOLE 0 0 397750 iShares MSCI Hong Kong COM 464286871 1651 63000 SH SOLE 0 0 63000 iShares MSCI Singapore COM 46434G780 1003 42270 SH SOLE 0 0 42270 SPDR S&P Dividend COM 78464A763 4487 45135 SH SOLE 0 0 45135 Vanguard Div Appreciation COM 921908844 375 3424 SH SOLE 0 0 3424 Wisdom Div Ex-Financials Fd COM 97717W406 321 3754 SH SOLE 0 0 3754 Wisdom Tree US Div Growth Fund COM 97717X669 5466 126928 SH SOLE 0 0 126928 iShares Core Dividend Growth COM 46434v621 1823 49595 SH SOLE 0 0 49595 iShares Select Dividend COM 464287168 3339 34004 SH SOLE 0 0 34004 JP Morgan ETF Trust Ultrashort COM 46641q837 12211 242756 SH SOLE 0 0 242756 SPDR Blmbrg Bcly Inv Gr Floati COM 78468r200 2107 68633 SH SOLE 0 0 68633 SPDR Doubleline Total Return T COM 78467V848 613 12678 SH SOLE 0 0 12678 Vanguard Short-Term Cor. Bond COM 92206C409 16945 212452 SH SOLE 0 0 212452 Apple Inc. COM 037833100 363 1914 SH SOLE 0 0 1914 Digirad Corporation COM 253827109 12 13100 SH SOLE 0 0 13100 Dodge & Cox Balanced Fund COM 256201104 275 2817 SH SOLE 0 0 2817 General Electric Company COM 369604103 11055 1106562 SH SOLE 0 0 1106562 JPMorgan Chase & Co COM 46625H100 406 4015 SH SOLE 0 0 4015 Personal Mini Storage St Cloud COM lp0021628 57 10000 SH SOLE 0 0 10000 Digital Realty Trust Inc COM 253868103 2672 22456 SH SOLE 0 0 22456 National Retail Properties Inc COM 637417106 847 15285 SH SOLE 0 0 15285 Senior Housing Prop Trust COM 81721m109 165 13974 SH SOLE 0 0 13974 Store Capital Corporation COM 862121100 841 25090 SH SOLE 0 0 25090 Tanger Factory Outlet Centers COM 875465106 462 22005 SH SOLE 0 0 22005 DFA Emerging Markets COM 233203785 275 9868 SH SOLE 0 0 9868 DFA Global Real Estate Securit COM 23320G554 298 25857 SH SOLE 0 0 25857 DFA International Core Equity COM 233203371 1432 111470 SH SOLE 0 0 111470 DFA US Core Equity COM 233203413 2633 112983 SH SOLE 0 0 112983 DFA US Targeted Value Fund COM 233203595 969 43687 SH SOLE 0 0 43687 Dodge Cox Stock Fund COM 256219106 286 1560 SH SOLE 0 0 1560 Fidelity 500 Index COM 315911750 1197 12093 SH SOLE 0 0 12093 Fidelity Contrafund COM 316071109 1073 85866 SH SOLE 0 0 85866 Fidelity Diversified Internati COM 315910281 518 14746 SH SOLE 0 0 14746 Fidelity Dividend Growth Fund: COM 316389543 599 21218 SH SOLE 0 0 21218 Fidelity International Discove COM 315910208 609 14939 SH SOLE 0 0 14939 Fidelity Low Price Stock AD COM 316345305 1171 24443 SH SOLE 0 0 24443 Fidelity Low Price Stock Fund COM 316345800 518 10821 SH SOLE 0 0 10821 Fidelity Small Cap Growth COM 316389766 611 24050 SH SOLE 0 0 24050 Oakmark Fund COM 413838103 1035 13430 SH SOLE 0 0 13430 Oakmark International Fund COM 413838202 577 25855 SH SOLE 0 0 25855 SEI International Equity Fund COM 78411r109 110 10461 SH SOLE 0 0 10461 SEI International Fixed Income COM 78411r307 113 11034 SH SOLE 0 0 11034 SEI Tax Managed Large Cap COM 783925571 227 8599 SH SOLE 0 0 8599 Schwab Total Stock Market Inde COM 808509756 319 6419 SH SOLE 0 0 6419 TIAA-CREF Growth & Income Fund COM 87245M103 147 10591 SH SOLE 0 0 10591 TIAA-CREF Large-Cap Growth Ind COM 87244W680 594 18719 SH SOLE 0 0 18719 Vaguard Small-Cap Index COM 922908686 607 8292 SH SOLE 0 0 8292 Vanguard Mid-Cap Index Fund In COM 922908835 802 18239 SH SOLE 0 0 18239 Vanguard Selected Value Fund COM 921946109 1156 45488 SH SOLE 0 0 45488 Vanguard Specialized Dividend COM 921908604 279 10022 SH SOLE 0 0 10022 Vanguard Total International S COM 921909784 272 2439 SH SOLE 0 0 2439 Vanguard Windsor II Fund COM 922018205 1068 30664 SH SOLE 0 0 30664 DFA Intermediate Term Extended COM 23320G513 1206 113101 SH SOLE 0 0 113101 DFA Selectively Hedged Global COM 233203223 673 70502 SH SOLE 0 0 70502 DFA Short Term Extended Qualit COM 23320G521 1489 138477 SH SOLE 0 0 138477 Dreyfus Bond Market INdex Fund COM 261978878 307 29934 SH SOLE 0 0 29934 FIMM Money Market Prime Res Po COM 31607a877 1767 1766647 SH SOLE 0 0 1766647 Fid Intermediate Bond Fund COM 315912105 285 26395 SH SOLE 0 0 26395 Fidelity Investment Grade COM 316146109 1662 210679 SH SOLE 0 0 210679 Fidelity Spartan Money Market COM 31617H201 460 460000 SH SOLE 0 0 460000 Franklin Fed Interm T/F A COM 354723710 169 14072 SH SOLE 0 0 14072 Metropolitan West Total Return COM 592905103 204 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 125 12318 SH SOLE 0 0 12318 Putnam Tax Exempt Income CL A COM 746870104 96 11130 SH SOLE 0 0 11130 Schwab Value Advantage Money F COM 808515696 14334 14333751 SH SOLE 0 0 14333751 Schwab Value Advantage Money F COM 808515605 2589 2588793 SH SOLE 0 0 2588793 UBS Select Prime Investor Fund COM 90262Y836 783 783348 SH SOLE 0 0 783348 Vanguard Intermediate-Term Inv COM 922031810 1655 170990 SH SOLE 0 0 170990 Vanguard Short-Term Investment COM 922031836 637 60176 SH SOLE 0 0 60176