Analyst

0001054677-20-000003.txt : 20200817 0001054677-20-000003.hdr.sgml : 20200817 20200817143930 ACCESSION NUMBER: 0001054677-20-000003 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20200630 FILED AS OF DATE: 20200817 DATE AS OF CHANGE: 20200817 EFFECTIVENESS DATE: 20200817 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: 201109407 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 06-30-2020 06-30-2020 ALBION FINANCIAL GROUP /UT

812 EAST 2100 SOUTH SALT LAKE CITY UT 84106

13F HOLDINGS REPORT 028-06676 N Scott Kellner Analyst 4356599195 Scott Kellner Salt Lake City UT 08-17-2020 0 226 847394 false INFORMATION TABLE 2 13F.xml 3M Company COM 88579Y101 2716 17412 SH SOLE 0 0 17412 AFLAC Inc. COM 001055102 821 22793 SH SOLE 0 0 22793 AT&T Inc. COM 00206R102 4925 162918 SH SOLE 0 0 162918 AbbVie Inc. COM 00287Y109 1262 12851 SH SOLE 0 0 12851 Abbott Laboratories COM 002824100 396 4335 SH SOLE 0 0 4335 Accenture Plc COM G1151C101 8295 38630 SH SOLE 0 0 38630 Adobe Inc. COM 00724F101 2352 5402 SH SOLE 0 0 5402 Agilent Technologies Inc. COM 00846U101 211 2390 SH SOLE 0 0 2390 Alibaba Group Holding COM 01609W102 772 3577 SH SOLE 0 0 3577 Alphabet Inc. Class A COM 02079K305 16607 11711 SH SOLE 0 0 11711 Alphabet Inc. Class C COM 02079K107 858 607 SH SOLE 0 0 607 Altria Group Inc COM 02209S103 228 5803 SH SOLE 0 0 5803 Amazon.com Inc. COM 023135106 32957 11946 SH SOLE 0 0 11946 American Electric Power COM 025537101 1260 15820 SH SOLE 0 0 15820 American Water Works COM 030420103 829 6442 SH SOLE 0 0 6442 Amgen Inc. COM 031162100 5041 21372 SH SOLE 0 0 21372 Apple Inc. COM 037833100 40839 111948 SH SOLE 0 0 111948 Applied Materials Inc. COM 038222105 206 3411 SH SOLE 0 0 3411 Automatic Data Processing Inc. COM 053015103 480 3221 SH SOLE 0 0 3221 Bank of America Corp COM 060505104 501 21099 SH SOLE 0 0 21099 Baxter International COM 071813109 245 2848 SH SOLE 0 0 2848 Berkshire Hathaway CL B COM 084670702 12019 67328 SH SOLE 0 0 67328 Berkshire Hathaway Inc. Class COM 084990175 267 100 SH SOLE 0 0 100 Best Buy Co., Inc. COM 086516101 203 2321 SH SOLE 0 0 2321 Blackrock Inc. COM 09247X101 3623 6659 SH SOLE 0 0 6659 Broadridge Fncl Solutions COM 11133T103 245 1938 SH SOLE 0 0 1938 CBL & Associates Properties COM 124830100 5 17000 SH SOLE 0 0 17000 Celanese Corp. COM 150870103 604 7000 SH SOLE 0 0 7000 Charles Schwab Corp COM 808513105 432 12810 SH SOLE 0 0 12810 Check Point Software COM M22465104 409 3811 SH SOLE 0 0 3811 Cisco Systems Inc. COM 17275R102 7701 165112 SH SOLE 0 0 165112 Clorox Company COM 189054109 6144 28006 SH SOLE 0 0 28006 Coca-Cola Company COM 191216100 588 13153 SH SOLE 0 0 13153 Conagra Brands Inc. COM 205887102 231 6560 SH SOLE 0 0 6560 Consolidated Edison, Inc. COM 209115104 4405 61244 SH SOLE 0 0 61244 Consolidated Water Co. COM G23773107 224 15500 SH SOLE 0 0 15500 Costco Wholesale Corp COM 22160K105 13744 45329 SH SOLE 0 0 45329 Dassault Systemes SA ADS COM 237545108 207 1198 SH SOLE 0 0 1198 Dominion Energy, Inc. COM 25746U109 5138 63295 SH SOLE 0 0 63295 Duke Energy Corp COM 26441C204 900 11267 SH SOLE 0 0 11267 Ecolab Inc COM 278865100 427 2147 SH SOLE 0 0 2147 Enphase Energy, Inc. COM 29355A107 460 9675 SH SOLE 0 0 9675 Equinix Inc COM 29444U700 745 1061 SH SOLE 0 0 1061 Essent Group Ltd. COM G3198U102 242 6665 SH SOLE 0 0 6665 Evergy Inc. COM 30034W106 1400 23620 SH SOLE 0 0 23620 Eversource Energy COM 30040W108 274 3292 SH SOLE 0 0 3292 Exxon Mobil Corporation COM 30231G102 344 7688 SH SOLE 0 0 7688 Fannie Mae COM 313586109 293 135000 SH SOLE 0 0 135000 Fannie Mae Pfd Ser S COM 313586752 234 29400 SH SOLE 0 0 29400 Federal Home Loan Mortgage Cor COM 313400301 103 47000 SH SOLE 0 0 47000 Federal Signal Corp. COM 313855108 954 32082 SH SOLE 0 0 32082 Fiserv Inc. COM 337738108 10843 111071 SH SOLE 0 0 111071 FleetCor Technologies, Inc. COM 339041105 432 1716 SH SOLE 0 0 1716 Fox Factory Holding Corp. COM 35138V102 741 8970 SH SOLE 0 0 8970 General Electric Company COM 369604103 85 12509 SH SOLE 0 0 12509 Genuine Parts Company COM 372460105 1643 18899 SH SOLE 0 0 18899 Gilead Sciences Inc. COM 375558103 796 10348 SH SOLE 0 0 10348 Hannon Armstrong Sustain Infra COM 41068X100 1230 43203 SH SOLE 0 0 43203 Hasbro Inc. COM 418056107 2743 36603 SH SOLE 0 0 36603 Hexcel Corporation COM 428291108 318 7032 SH SOLE 0 0 7032 Home Depot Inc. COM 437076102 14780 59001 SH SOLE 0 0 59001 Honeywell Intl Inc COM 438516106 8977 62084 SH SOLE 0 0 62084 IBM Corp COM 459200101 3277 27130 SH SOLE 0 0 27130 Illumina Inc COM 452327109 256 692 SH SOLE 0 0 692 Intel Corporation COM 458140100 4369 73019 SH SOLE 0 0 73019 International Flavors&Frag. COM 459506101 320 2616 SH SOLE 0 0 2616 Intuit Inc. COM 461202103 261 881 SH SOLE 0 0 881 Intuitive Surgical, Inc. COM 46120E602 584 1025 SH SOLE 0 0 1025 JPMorgan Chase & Co COM 46625H100 11909 126608 SH SOLE 0 0 126608 Johnson & Johnson COM 478160104 1624 11548 SH SOLE 0 0 11548 Kimberly-Clark Corp. COM 494368103 5650 39975 SH SOLE 0 0 39975 Leggett & Platt Inc. COM 524660107 2815 80084 SH SOLE 0 0 80084 Lockheed Martin Corp. COM 539830109 6007 16462 SH SOLE 0 0 16462 McDonald's Corp. COM 580135101 5548 30073 SH SOLE 0 0 30073 Medtronic PLC COM G5960L103 1385 15108 SH SOLE 0 0 15108 Merck & Co. Inc. COM 58933Y105 381 4927 SH SOLE 0 0 4927 Microsoft Corporation COM 594918104 34363 168851 SH SOLE 0 0 168851 Mojo Organics Inc. COM 60841T202 27 250000 SH SOLE 0 0 250000 Mondelez International Inc COM 609207105 511 10000 SH SOLE 0 0 10000 Morgan Stanley COM 617446448 2071 42870 SH SOLE 0 0 42870 NVIDIA Corp COM 67066G104 399 1050 SH SOLE 0 0 1050 NextEra Energy, Inc. COM 65339F101 499 2076 SH SOLE 0 0 2076 Nike Inc cl B COM 654106103 683 6964 SH SOLE 0 0 6964 Okta, Inc. COM 679295105 200 1000 SH SOLE 0 0 1000 Oliex Inc. COM 678034208 0 10000 SH SOLE 0 0 10000 Oracle Corporation COM 68389X105 580 10500 SH SOLE 0 0 10500 Organovo Holdings Inc. COM 68620A104 21 38242 SH SOLE 0 0 38242 PayPal Holdings, Inc. COM 70450Y103 1510 8666 SH SOLE 0 0 8666 Paychex, Inc. COM 704326107 3531 46620 SH SOLE 0 0 46620 PepsiCo, Inc. COM 713448108 4908 37112 SH SOLE 0 0 37112 Procter & Gamble Co. COM 742718109 1036 8665 SH SOLE 0 0 8665 Qualcomm Inc. COM 747525103 6344 69559 SH SOLE 0 0 69559 RealPage, Inc. COM 75606N109 716 11012 SH SOLE 0 0 11012 Salesforce.com Inc COM 79466L302 472 2521 SH SOLE 0 0 2521 SolarEdge Technologies, Inc. COM 83417M104 449 3233 SH SOLE 0 0 3233 Southern Company COM 842587107 2586 49866 SH SOLE 0 0 49866 Starbucks Corporation COM 855244109 1103 14989 SH SOLE 0 0 14989 Sungold Int Holdings Corp COM 867373102 0 10000 SH SOLE 0 0 10000 Sunrun Inc. COM 86771W105 235 11919 SH SOLE 0 0 11919 TJX Companies Inc. COM 872540109 296 5846 SH SOLE 0 0 5846 Target Corporation COM 87612E106 4320 36023 SH SOLE 0 0 36023 Tencent Holdings Ltd. COM 88032Q109 403 6303 SH SOLE 0 0 6303 Tesla, Inc. COM 88160R101 1126 1043 SH SOLE 0 0 1043 Texas Instruments, Inc. COM 882508104 594 4676 SH SOLE 0 0 4676 Tiffany & Company COM 886547108 212 1735 SH SOLE 0 0 1735 Tractor Supply Co. COM 892356106 1002 7600 SH SOLE 0 0 7600 Trade Desk, Inc. COM 88339J105 684 1683 SH SOLE 0 0 1683 Twilio Inc COM 90138F102 219 1000 SH SOLE 0 0 1000 Union Pacific Corp. COM 907818108 5079 30041 SH SOLE 0 0 30041 United Parcel Service Inc. COM 911312106 4351 39131 SH SOLE 0 0 39131 UnitedHealth Group, Inc. COM 91324P102 9479 32137 SH SOLE 0 0 32137 VISA Inc. COM 92826C839 19203 99407 SH SOLE 0 0 99407 Verizon Communications, Inc. COM 92343V104 5345 96953 SH SOLE 0 0 96953 WEC Energy Group COM 92939U106 3551 40518 SH SOLE 0 0 40518 Walt Disney Company COM 254687106 10352 92836 SH SOLE 0 0 92836 Williams-Sonoma Inc. COM 969904101 205 2500 SH SOLE 0 0 2500 Zoom Video Communications Inc COM 98980L101 279 1100 SH SOLE 0 0 1100 Fidelity Nasdaq Composite Inde COM 315912808 2550 6519 SH SOLE 0 0 6519 Goldman Sachs JUST U.S. COM 381430396 707 15749 SH SOLE 0 0 15749 Invesco FTSE RAFI 1500 Small-M COM 46137V597 2565 22965 SH SOLE 0 0 22965 Invesco MSCI Global Timber COM 73936Q587 1399 57000 SH SOLE 0 0 57000 Invesco QQQ Trust ETF COM 46090E103 2752 11114 SH SOLE 0 0 11114 Invesco S&P 500 Equal Weight T COM 46137V282 1830 9190 SH SOLE 0 0 9190 Invesco S&P 500 Low Volatility COM 46138e354 35074 705991 SH SOLE 0 0 705991 Real Estate Select Sector SPDR COM 81369y860 11992 344510 SH SOLE 0 0 344510 SPDR S&P 500 ETF Trust COM 78462F103 11840 38398 SH SOLE 0 0 38398 SPDR SSGA Gender Diversity Ind COM 78468r747 653 9179 SH SOLE 0 0 9179 Schwab US Large Cap Growth ETF COM 808524300 2767 27248 SH SOLE 0 0 27248 Schwab US Mid Cap COM 808524508 2459 46729 SH SOLE 0 0 46729 Vanguard Index Funds Vanguard COM 922908736 1056 5227 SH SOLE 0 0 5227 Vanguard Info Tech COM 92204A702 296 1063 SH SOLE 0 0 1063 Vanguard S&P 500 COM 922908363 81365 287074 SH SOLE 0 0 287074 WisdomTree Cloud Computing ETF COM 97717y691 14182 364017 SH SOLE 0 0 364017 iShares Core Russell U.S. Grow COM 464287671 2052 28546 SH SOLE 0 0 28546 iShares Core S&P Mid-Cap COM 464287507 1913 10758 SH SOLE 0 0 10758 iShares Core S&P Small-Cap COM 464287804 20478 299868 SH SOLE 0 0 299868 iShares MSCI Low Carbon Target COM 46434v464 728 6022 SH SOLE 0 0 6022 iShares Nasdaq Biotech COM 464287556 13777 100787 SH SOLE 0 0 100787 iShares Russell Midcap COM 464287499 43866 818391 SH SOLE 0 0 818391 iShares S&P 500 Growth COM 464287309 477 2300 SH SOLE 0 0 2300 Vanguard FTSE All-World ex-US COM 922042775 27304 573500 SH SOLE 0 0 573500 Wisdomtree Emerging Markets Sm COM 97717w281 842 21595 SH SOLE 0 0 21595 iShares MSCI Australia Index F COM 464286103 737 38260 SH SOLE 0 0 38260 iShares MSCI Canada COM 464286509 1009 39000 SH SOLE 0 0 39000 iShares MSCI Hong Kong COM 464286871 1346 63000 SH SOLE 0 0 63000 iShares MSCI Singapore COM 46434G780 793 42270 SH SOLE 0 0 42270 SPDR S&P Dividend COM 78464A763 3982 43659 SH SOLE 0 0 43659 Vanguard Div Appreciation COM 921908844 407 3473 SH SOLE 0 0 3473 Wisdom Tree US Div Growth Fund COM 97717X669 5704 125387 SH SOLE 0 0 125387 iShares Core Dividend Growth COM 46434v621 1724 45858 SH SOLE 0 0 45858 iShares Select Dividend COM 464287168 2729 33804 SH SOLE 0 0 33804 JP Morgan ETF Trust Ultrashort COM 46641q837 21054 415027 SH SOLE 0 0 415027 PIMCO Total Rtn COM 72201R775 223 2000 SH SOLE 0 0 2000 SPDR Blmbrg Bcly Inv Gr Floati COM 78468r200 5338 175117 SH SOLE 0 0 175117 SPDR Doubleline Total Return T COM 78467V848 560 11308 SH SOLE 0 0 11308 Vanguard Scottsdale FDS Inter COM 92206c706 785 11125 SH SOLE 0 0 11125 Vanguard Short Term Treasury COM 92206C102 1620 26045 SH SOLE 0 0 26045 Vanguard Short-Term Cor. Bond COM 92206C409 24823 300303 SH SOLE 0 0 300303 Apple Inc. COM 037833100 687 1883 SH SOLE 0 0 1883 Berkshire Hathaway CL B COM 084670702 203 1137 SH SOLE 0 0 1137 Dodge & Cox Balanced Fund COM 256201104 269 2978 SH SOLE 0 0 2978 General Electric Company COM 369604103 5084 744361 SH SOLE 0 0 744361 JPMorgan Chase & Co COM 46625H100 378 4015 SH SOLE 0 0 4015 Personal Mini Storage St Cloud COM lp0021628 57 10000 SH SOLE 0 0 10000 Crown Castle International COM 22822V101 1152 6883 SH SOLE 0 0 6883 Cubesmart COM 229663109 582 21560 SH SOLE 0 0 21560 Digital Realty Trust Inc COM 253868103 3842 27032 SH SOLE 0 0 27032 Highlands Reit Inc COM 43110a104 4 10396 SH SOLE 0 0 10396 Inventrust Properties Corp Com COM 46124j102 33 10396 SH SOLE 0 0 10396 National Retail Properties Inc COM 637417106 517 14567 SH SOLE 0 0 14567 Blackrock Health Sciences Oppo COM 091937540 223 3143 SH SOLE 0 0 3143 DFA International Core Equity COM 233203371 382 32580 SH SOLE 0 0 32580 DFA US Core Equity COM 233203413 731 30826 SH SOLE 0 0 30826 DFA US Targeted Value Fund COM 233203595 239 13832 SH SOLE 0 0 13832 Dodge Cox Stock Fund COM 256219106 225 1403 SH SOLE 0 0 1403 Fidelity 500 Index COM 315911750 1508 13967 SH SOLE 0 0 13967 Fidelity Contrafund COM 316071109 1334 89403 SH SOLE 0 0 89403 Fidelity Diversified Internati COM 315910281 676 17050 SH SOLE 0 0 17050 Fidelity Dividend Growth Fund: COM 316389543 657 25576 SH SOLE 0 0 25576 Fidelity International Discove COM 315910208 673 15298 SH SOLE 0 0 15298 Fidelity Low Price Stock AD COM 316345305 1097 25553 SH SOLE 0 0 25553 Fidelity Low Price Stock Fund COM 316345800 582 13556 SH SOLE 0 0 13556 Fidelity Small Cap Growth COM 316389766 680 25280 SH SOLE 0 0 25280 Glenmede Large Cap Core COM 378690788 316 12930 SH SOLE 0 0 12930 Oakmark Fund COM 413838103 996 14556 SH SOLE 0 0 14556 Oakmark International Fund COM 413838202 501 26073 SH SOLE 0 0 26073 SEI International Equity Fund COM 78411r109 108 10461 SH SOLE 0 0 10461 SEI Tax Managed Large Cap COM 783925571 220 8599 SH SOLE 0 0 8599 Schwab SP500 Index Fund COM 808509855 547 11434 SH SOLE 0 0 11434 Schwab Total Stock Market Inde COM 808509756 287 5315 SH SOLE 0 0 5315 TIAA-CREF Large-Cap Growth Ind COM 87244W680 854 21409 SH SOLE 0 0 21409 TIAA-CREF Small-Cap Blend Inde COM 87244W573 187 10328 SH SOLE 0 0 10328 Vaguard Small-Cap Index COM 922908686 587 8392 SH SOLE 0 0 8392 Vanguard Mid-Cap Index Fund In COM 922908835 928 20690 SH SOLE 0 0 20690 Vanguard Selected Value Fund COM 921946109 1000 47283 SH SOLE 0 0 47283 Vanguard Specialized Dividend COM 921908604 284 10022 SH SOLE 0 0 10022 Vanguard Total International S COM 921909784 292 2756 SH SOLE 0 0 2756 Vanguard Wellesley Inc. Fund COM 921938106 223 8256 SH SOLE 0 0 8256 Vanguard Windsor II Fund COM 922018205 1108 34060 SH SOLE 0 0 34060 DFA Intermediate Term Extended COM 23320G513 755 64321 SH SOLE 0 0 64321 DFA Selectively Hedged Global COM 233203223 391 40475 SH SOLE 0 0 40475 DFA Short Term Extended Qualit COM 23320G521 906 83092 SH SOLE 0 0 83092 Dreyfus Bond Market INdex Fund COM 261978878 322 29005 SH SOLE 0 0 29005 Federated Govt Obligations Fd COM 60934n807 429 429000 SH SOLE 0 0 429000 Federated Prime Cash Obligatio COM 60934n617 56 55683 SH SOLE 0 0 55683 Fid Intermediate Bond Fund COM 315912105 356 31012 SH SOLE 0 0 31012 Fidelity Government Money Mark COM 31617H706 600 600000 SH SOLE 0 0 600000 Fidelity Investment Grade COM 316146109 1841 211317 SH SOLE 0 0 211317 Fidelity Mmkt Premium Class COM 31617h805 799 798948 SH SOLE 0 0 798948 Fidelity Spartan Money Market COM 31617H201 1378 1377500 SH SOLE 0 0 1377500 Franklin Fed Interm T/F A COM 354723710 172 14072 SH SOLE 0 0 14072 Metropolitan West Total Return COM 592905103 221 19153 SH SOLE 0 0 19153 Nuveen Arizona Mun Bond Fund C COM 67065l104 201 18056 SH SOLE 0 0 18056 PIMCO Total Return Instl COM 693390700 133 12318 SH SOLE 0 0 12318 Putnam Tax Exempt Income CL A COM 746870104 96 11130 SH SOLE 0 0 11130 Schwab Government Money Fund I COM 808515613 207 207097 SH SOLE 0 0 207097 Schwab Treasury Obligations Mo COM 808515621 160 160000 SH SOLE 0 0 160000 Schwab U.S. Treasury Money Fun COM 808515548 11761 11760740 SH SOLE 0 0 11760740 Schwab Value Advantage Money F COM 808515696 25361 25360850 SH SOLE 0 0 25360850 Schwab Value Advantage Money F COM 808515605 6502 6501575 SH SOLE 0 0 6501575 Tax Free Fund For Utah Class A COM 03842a822 158 14748 SH SOLE 0 0 14748 UBS Prime Investor Fund COM 90262y810 719 719317 SH SOLE 0 0 719317 UBS Prime Reserves Fund COM 90262y786 1107 1107236 SH SOLE 0 0 1107236 UBS Select Government Investor COM 90262Y752 1988 1987547 SH SOLE 0 0 1987547 Vanguard Intermediate-Term Inv COM 922031810 1822 173170 SH SOLE 0 0 173170 Vanguard Short-Term Investment COM 922031836 658 60176 SH SOLE 0 0 60176