0001161670-22-000003.txt : 20220421 0001161670-22-000003.hdr.sgml : 20220421 20220421164623 ACCESSION NUMBER: 0001161670-22-000003 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20220331 FILED AS OF DATE: 20220421 DATE AS OF CHANGE: 20220421 EFFECTIVENESS DATE: 20220421 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CULLINAN ASSOCIATES INC CENTRAL INDEX KEY: 0001161670 IRS NUMBER: 611172632 STATE OF INCORPORATION: KY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-10216 FILM NUMBER: 22842038 BUSINESS ADDRESS: STREET 1: 295 N. HUBBARDS LANE STREET 2: SUITE 203 CITY: LOUISVILLE STATE: KY ZIP: 40207 BUSINESS PHONE: 5028930300 MAIL ADDRESS: STREET 1: 295 N. HUBBARDS LANE STREET 2: SUITE 203 CITY: LOUISVILLE STATE: KY ZIP: 40207 13F-HR 1 primary_doc.xml 13F-HR LIVE false false false 0001161670 XXXXXXXX 03-31-2022 03-31-2022 CULLINAN ASSOCIATES INC
295 N. HUBBARDS LANE SUITE 203 LOUISVILLE KY 40207
13F HOLDINGS REPORT 028-10216 N
Brian L. Cullinan Principal & CCO 502-893-0300 Brian L. Cullinan Louisville KY 04-21-2022 0 235 1905807 false
INFORMATION TABLE 2 LargestHolding20220331.xml 13F HOLDINGS 3M Company COM 88579Y101 5663 38040 SH SOLE 0 0 38040 AFLAC Inc COM 001055102 17918 278277 SH SOLE 0 0 278277 AT&T Inc COM 00206R102 707 29900 SH SOLE 0 0 29900 AbbVie Inc COM 00287Y109 18991 117146 SH SOLE 0 0 117146 Abbott Laboratories COM 002824100 14293 120757 SH SOLE 0 0 120757 Accenture Ltd COM G1151C101 8464 25100 SH SOLE 0 0 25100 Adobe COM 00724F101 15898 34894 SH SOLE 0 0 34894 Advanced Micro COM 007903107 309 2823 SH SOLE 0 0 2823 Air Products & Chemicals COM 009158106 562 2250 SH SOLE 0 0 2250 Alibaba Group Holding COM 01609W102 384 3525 SH SOLE 0 0 3525 Allstate Corp COM 020002101 208 1500 SH SOLE 0 0 1500 Alphabet Class A COM 02079K305 27769 9984 SH SOLE 0 0 9984 Alphabet Class C COM 02079K107 2653 950 SH SOLE 0 0 950 Altria Group COM 02209S103 1443 27612 SH SOLE 0 0 27612 Amazon COM 023135106 20609 6322 SH SOLE 0 0 6322 American Electric Power COM 025537101 5385 53975 SH SOLE 0 0 53975 American Express Co COM 025816109 21614 115581 SH SOLE 0 0 115581 American Tower REIT COM 03027X100 7550 30054 SH SOLE 0 0 30054 Amgen Inc COM 031162100 48151 199118 SH SOLE 0 0 199118 Analog Devices COM 032654105 7476 45260 SH SOLE 0 0 45260 Apple Inc COM 037833100 105417 603726 SH SOLE 0 0 603726 Applied Materials COM 038222105 488 3700 SH SOLE 0 0 3700 Arvinas Inc COM 04335A105 1232 18300 SH SOLE 0 0 18300 AstraZeneca PLC COM 046353108 2424 36542 SH SOLE 0 0 36542 Automatic Data COM 053015103 9020 39640 SH SOLE 0 0 39640 BP PLC - Foreign Tax COM 055622104 750 25500 SH SOLE 0 0 25500 Bank Of America COM 060505104 4427 107405 SH SOLE 0 0 107405 Bank of N.Y. COM 064058100 1256 25300 SH SOLE 0 0 25300 Baxter Intl COM 071813109 1398 18025 SH SOLE 0 0 18025 Becton Dickenson & Co COM 075887109 293 1100 SH SOLE 0 0 1100 Berkshire Hathaway Cl B COM 113809107 2669 7562 SH SOLE 0 0 7562 Best Buy COM 086516101 5495 60450 SH SOLE 0 0 60450 Biogen Idec COM 09062X103 232 1100 SH SOLE 0 0 1100 Blackrock Inc COM 09247X101 382 500 SH SOLE 0 0 500 Blackstone Group COM 09260D107 1136 8950 SH SOLE 0 0 8950 Boeing COM 097023105 507 2650 SH SOLE 0 0 2650 Boston Scientific COM 101137107 904 20400 SH SOLE 0 0 20400 Bristol Myers Squibb Company COM 110122108 7429 101722 SH SOLE 0 0 101722 Broadcom Ltd COM 11135F101 1385 2200 SH SOLE 0 0 2200 C H Robinsin Worldwide COM 12541W209 4990 46326 SH SOLE 0 0 46326 CBOE Holdings Inc COM 12503M108 1144 10000 SH SOLE 0 0 10000 CME Group COM 12572Q105 1455 6115 SH SOLE 0 0 6115 CSX Corp COM 126408103 649 17320 SH SOLE 0 0 17320 CVS Health Corp COM 126650100 17425 172168 SH SOLE 0 0 172168 Canadian National Railway COM 136375102 376 2800 SH SOLE 0 0 2800 Capital One Financial COM 14040H105 8098 61684 SH SOLE 0 0 61684 Cardinal Health COM 14149Y108 430 7579 SH SOLE 0 0 7579 Carrier Global COM 14448C104 2697 58800 SH SOLE 0 0 58800 Caterpillar COM 149123101 6594 29593 SH SOLE 0 0 29593 Cerner Corporation COM 156782104 5428 58020 SH SOLE 0 0 58020 Charles Schwab Corp COM 808513105 6108 72450 SH SOLE 0 0 72450 Chevron Corp COM 166764100 23338 143328 SH SOLE 0 0 143328 Chubb Limited COM H1467J104 214 1000 SH SOLE 0 0 1000 Cisco Systems Inc COM 17275R102 21062 377720 SH SOLE 0 0 377720 Citigroup COM 172967424 1710 32026 SH SOLE 0 0 32026 Coca-Cola Company COM 191216100 82474 1330233 SH SOLE 0 0 1330233 Cognex COM 192422103 339 4400 SH SOLE 0 0 4400 Cognizant Technologies Sol A COM 192446102 9015 100537 SH SOLE 0 0 100537 Coinbase Global Inc. COM 19260Q107 266 1400 SH SOLE 0 0 1400 Colgate-Palmolive Company COM 194162103 6932 91409 SH SOLE 0 0 91409 Comcast Corp COM 20030N101 21003 448598 SH SOLE 0 0 448598 ConocoPhillips COM 20825C104 910 9100 SH SOLE 0 0 9100 Constellation Brands COM 21036P108 6520 28307 SH SOLE 0 0 28307 Corning COM 219350105 543 14720 SH SOLE 0 0 14720 Corteva Inc COM 22052L104 13370 232609 SH SOLE 0 0 232609 Costco Wholesale Corp COM 22160K105 8705 15118 SH SOLE 0 0 15118 Crown Castle COM 228227104 14091 76333 SH SOLE 0 0 76333 Cummins COM 231021106 8333 40628 SH SOLE 0 0 40628 Daseke Inc COM 23753F107 101 10000 SH SOLE 0 0 10000 Deere & Company COM 244199105 14903 35870 SH SOLE 0 0 35870 Devon Energy COM 25179M103 438 7400 SH SOLE 0 0 7400 Diageo PLC ADR - Foreign tax COM 25243Q205 630 3100 SH SOLE 0 0 3100 Dollar Tree Inc COM 256746108 1489 9300 SH SOLE 0 0 9300 Dominion Energy COM 25746U109 740 8714 SH SOLE 0 0 8714 Doordash Inc COM 25809K105 1102 9400 SH SOLE 0 0 9400 Dorman Products Inc COM 258278100 2376 25000 SH SOLE 0 0 25000 Dow Inc COM 260557103 4484 70369 SH SOLE 0 0 70369 DuPont De Nemours & Co COM 26614N102 410 5566 SH SOLE 0 0 5566 Duke Energy Hldg COM 26441C204 14588 130644 SH SOLE 0 0 130644 EBay COM 278642103 1277 22300 SH SOLE 0 0 22300 EOG Resources COM 26875P101 310 2600 SH SOLE 0 0 2600 Eastman Chemical COM 277432100 280 2500 SH SOLE 0 0 2500 Eaton Corp COM G29183103 3853 25391 SH SOLE 0 0 25391 Edwards Lifesciences COM 28176E108 766 6511 SH SOLE 0 0 6511 Electronic Arts COM 285512109 20814 164526 SH SOLE 0 0 164526 Emerson Electric Company COM 291011104 775 7900 SH SOLE 0 0 7900 Energy Transfer LP COM 29273V100 807 72120 SH SOLE 0 0 72120 Enterprise Products Ptrs COM 293792107 937 36300 SH SOLE 0 0 36300 Eversource Energy COM 30040W108 226 2557 SH SOLE 0 0 2557 Exelon Corp COM 30161N101 342 7187 SH SOLE 0 0 7187 Exxon Mobil COM 30231G102 24175 292709 SH SOLE 0 0 292709 Facebook Inc COM 30303M102 4410 19832 SH SOLE 0 0 19832 FactSet Research Systems COM 303075105 2926 6740 SH SOLE 0 0 6740 Fastenal Company COM 311900104 13225 222642 SH SOLE 0 0 222642 Fifth Third Bancorp COM 316773100 833 19364 SH SOLE 0 0 19364 First Horizon National COM 320517105 258 11001 SH SOLE 0 0 11001 First Solar Inc COM 336433107 754 9000 SH SOLE 0 0 9000 Fiserv COM 337738108 9054 89289 SH SOLE 0 0 89289 Ford Motor COM 345370860 685 40500 SH SOLE 0 0 40500 Fortinet Inc COM 34959E109 273 800 SH SOLE 0 0 800 Fortive Corp COM 34959J108 2727 44750 SH SOLE 0 0 44750 Fortune Brands Home & Sec COM 34964C106 238 3200 SH SOLE 0 0 3200 Fulton Financial COM 360271100 193 11600 SH SOLE 0 0 11600 Garmin COM H2906T109 8696 73313 SH SOLE 0 0 73313 General Electric Company COM 369604103 1142 12477 SH SOLE 0 0 12477 General Mills COM 370334104 8160 120491 SH SOLE 0 0 120491 Gilead Sciences COM 375558103 7939 133543 SH SOLE 0 0 133543 Global Payments Inc COM 37940X102 7752 56653 SH SOLE 0 0 56653 Goldman Sachs COM 38141G104 1740 5270 SH SOLE 0 0 5270 HP Inc COM 40434L105 7615 209771 SH SOLE 0 0 209771 Hasbro Inc COM 418056107 1532 18700 SH SOLE 0 0 18700 Hims and Hers Health COM 433000106 799 150000 SH SOLE 0 0 150000 Home Depot COM 437076102 3687 12317 SH SOLE 0 0 12317 Honeywell COM 438516106 524 2693 SH SOLE 0 0 2693 Humana COM 444859102 664 1525 SH SOLE 0 0 1525 Illinois Tool Works COM 452308109 5475 26144 SH SOLE 0 0 26144 Ingersoll-Rand PLC COM 45687V106 222 4401 SH SOLE 0 0 4401 Intel Corp COM 458140100 16809 339159 SH SOLE 0 0 339159 Intl Business Machines Corp COM 459200101 2801 21543 SH SOLE 0 0 21543 Intl Flavors & Frag COM 459506101 735 5600 SH SOLE 0 0 5600 Intl Paper COM 460146103 4370 94688 SH SOLE 0 0 94688 Intuit COM 461202103 10782 22424 SH SOLE 0 0 22424 Intuitive Surgical Inc COM 46120E602 453 1500 SH SOLE 0 0 1500 Iron Mountain COM 46284V101 284 5125 SH SOLE 0 0 5125 J P Morgan Chase & Co COM 46625H100 23196 170159 SH SOLE 0 0 170159 Johnson & Johnson COM 478160104 33052 186491 SH SOLE 0 0 186491 KLA Tencor COM 482480100 4781 13060 SH SOLE 0 0 13060 Kimberly-Clark COM 494368103 597 4850 SH SOLE 0 0 4850 Kinder Morgan COM 49456B101 290 15337 SH SOLE 0 0 15337 Kraft Heinz Co COM 500754106 298 7573 SH SOLE 0 0 7573 Lam Research Corp COM 512807108 5215 9700 SH SOLE 0 0 9700 Leidos Holdings Inc. COM 525327102 432 4000 SH SOLE 0 0 4000 Lilly Eli & Company COM 532457108 344 1200 SH SOLE 0 0 1200 Linde PLC COM G5494J103 6759 21160 SH SOLE 0 0 21160 Lockheed Martin COM 539830109 4433 10044 SH SOLE 0 0 10044 Lowes Companies Inc COM 548661107 19822 98035 SH SOLE 0 0 98035 Lululemon COM 550021109 3370 9226 SH SOLE 0 0 9226 MPLX LP COM 55336V100 252 7600 SH SOLE 0 0 7600 Marathon Petroleum Corp COM 56585A102 405 4740 SH SOLE 0 0 4740 Marriott Intl New Class A COM 571903202 445 2534 SH SOLE 0 0 2534 Mastercard COM 57636Q104 4231 11840 SH SOLE 0 0 11840 McCormick and Co COM 579780206 599 6000 SH SOLE 0 0 6000 McDonalds Corp COM 580135101 21766 88024 SH SOLE 0 0 88024 Medtronic Plc COM G5960L103 12643 113952 SH SOLE 0 0 113952 Merck & Company Inc COM 58933Y105 4265 51983 SH SOLE 0 0 51983 Metlife Inc COM 59156R108 11057 157333 SH SOLE 0 0 157333 Microchip COM 595017104 301 4000 SH SOLE 0 0 4000 Micron Technology COM 595112103 631 8100 SH SOLE 0 0 8100 Microsoft Corp COM 594918104 69089 224090 SH SOLE 0 0 224090 Mondelez Intl COM 609207105 1680 26760 SH SOLE 0 0 26760 Monster Beverage Corp. COM 61174X109 4906 61400 SH SOLE 0 0 61400 Moody's Corp COM 615369105 202 600 SH SOLE 0 0 600 Morgan Stanley COM 617446448 5302 60666 SH SOLE 0 0 60666 NaturalShrimp Inc COM 63902N106 21 95000 SH SOLE 0 0 95000 New York Times Company COM 650111107 10255 223713 SH SOLE 0 0 223713 NextEra Energy COM 65339F101 9695 114449 SH SOLE 0 0 114449 Nike Inc Cl B COM 654106103 9617 71467 SH SOLE 0 0 71467 Norfolk Southern COM 655844108 1654 5800 SH SOLE 0 0 5800 Northrop Grumman Corp COM 666807102 3698 8269 SH SOLE 0 0 8269 Novartis AG COM 66987V109 395 4500 SH SOLE 0 0 4500 Novo Nordisk ADR COM 670100205 744 6700 SH SOLE 0 0 6700 Nucor Corp COM 670346105 386 2600 SH SOLE 0 0 2600 Nvidia Corp COM 67066G104 3356 12300 SH SOLE 0 0 12300 Occidental Petr Corp COM 674599105 233 4114 SH SOLE 0 0 4114 Okta Inc COM 679295105 2174 14400 SH SOLE 0 0 14400 Olin Corporation COM 680665205 340 6500 SH SOLE 0 0 6500 Oracle Corp COM 68389X105 16353 197669 SH SOLE 0 0 197669 Otis Worldwide COM 68902V107 890 11563 SH SOLE 0 0 11563 P G & E Corp COM 69331C108 308 25800 SH SOLE 0 0 25800 PNC Finl COM 693475105 1028 5574 SH SOLE 0 0 5574 PayPal Hldg Inc COM 70450Y103 6580 56897 SH SOLE 0 0 56897 Paychex Inc COM 704326107 19940 146112 SH SOLE 0 0 146112 PepsiCo COM 713448108 3272 19546 SH SOLE 0 0 19546 Petroleo Brasileiro COM 71654V408 491 33200 SH SOLE 0 0 33200 Pfizer Inc COM 717081103 9612 185669 SH SOLE 0 0 185669 Philip Morris COM 718172109 2845 30280 SH SOLE 0 0 30280 Phillips 66 COM 718546104 510 5900 SH SOLE 0 0 5900 ProLogis Inc COM 74340W103 4611 28557 SH SOLE 0 0 28557 Procter & Gamble Co COM 742718109 44270 289726 SH SOLE 0 0 289726 Progressive Corp COM 743315103 228 2000 SH SOLE 0 0 2000 Prudential Financial COM 744320102 1272 10765 SH SOLE 0 0 10765 Public Storage Inc COM 74460D109 16665 42700 SH SOLE 0 0 42700 Qualcomm Inc COM 747525103 5890 38539 SH SOLE 0 0 38539 Quantum Scape Corp COM 71467V109 2019 101000 SH SOLE 0 0 101000 Raytheon Technologies Corp COM 75513E101 16270 164224 SH SOLE 0 0 164224 Ross Stores COM 778296103 2722 30087 SH SOLE 0 0 30087 S&P Global Inc. COM 78409V104 51683 126000 SH SOLE 0 0 126000 SPDR S&P 500 Trust COM 78462F103 14401 31885 SH SOLE 0 0 31885 Salesforce.com Inc COM 79466L302 13484 63506 SH SOLE 0 0 63506 Science Applications Intl Corp COM 808625107 323 3500 SH SOLE 0 0 3500 Sealed Air COM 81211K100 596 8900 SH SOLE 0 0 8900 ServiceNow COM 81762P102 334 600 SH SOLE 0 0 600 Shell PLC COM 780259305 203 3700 SH SOLE 0 0 3700 Shopify Inc COM 82509L107 292 432 SH SOLE 0 0 432 Simon Property Group COM 828806109 4204 31955 SH SOLE 0 0 31955 Southern Co COM 842587107 1872 25820 SH SOLE 0 0 25820 Sprouts Farmers Market Inc. COM 85208M102 320 10000 SH SOLE 0 0 10000 Stanley Black & Decker COM 854502101 3555 25432 SH SOLE 0 0 25432 Starbucks Corp COM 855244109 16341 179632 SH SOLE 0 0 179632 Stryker COM 863667101 7890 29511 SH SOLE 0 0 29511 Sysco Corp COM 871829107 898 11000 SH SOLE 0 0 11000 T Rowe Price Grp Inc COM 74144T108 968 6400 SH SOLE 0 0 6400 TJX Companies COM 872540109 13982 230806 SH SOLE 0 0 230806 Target Corp COM 87612E106 9584 45162 SH SOLE 0 0 45162 Tesla Motors Inc COM 88160R101 431 400 SH SOLE 0 0 400 Texas Instruments COM 882508104 21288 116025 SH SOLE 0 0 116025 The Travelers Companies COM 89417E109 3709 20300 SH SOLE 0 0 20300 Thermo Fisher Scientific COM 883556102 827 1400 SH SOLE 0 0 1400 Trane Tech PLC COM G8994E103 489 3200 SH SOLE 0 0 3200 Trex Company Inc COM 89531P105 418 6400 SH SOLE 0 0 6400 Truist Financial Corporation COM 89832Q109 12741 224709 SH SOLE 0 0 224709 U S Bancorp COM 902973304 12586 236796 SH SOLE 0 0 236796 Uber Technologies Inc COM 90353T100 1276 35772 SH SOLE 0 0 35772 Ulta Beauty Inc COM 90384S303 518 1300 SH SOLE 0 0 1300 Union Pacific Corp COM 907818108 11378 41646 SH SOLE 0 0 41646 United Parcel Service Inc Cl B COM 911312106 15640 72929 SH SOLE 0 0 72929 UnitedHealth COM 91324P102 13521 26513 SH SOLE 0 0 26513 Vail Resorts Inc COM 91879Q109 305 1172 SH SOLE 0 0 1172 Valero Energy COM 91913Y100 1706 16800 SH SOLE 0 0 16800 Verizon Communications Inc COM 92343V104 19565 384088 SH SOLE 0 0 384088 Vertex Pharmaceutical COM 92532F100 25658 98316 SH SOLE 0 0 98316 Visa Inc Cl A COM 92826C839 5219 23534 SH SOLE 0 0 23534 Vulcan Materials COM 929160109 827 4500 SH SOLE 0 0 4500 Wal-Mart Stores Inc COM 931142103 273053 1833557 SH SOLE 0 0 1833557 Walt Disney Company COM 254687106 12329 89891 SH SOLE 0 0 89891 Wells Fargo & Co COM 949746101 1225 25270 SH SOLE 0 0 25270 West Pharmaceutical Services COM 955306105 5750 14000 SH SOLE 0 0 14000 Williams Cos Inc Del COM 969457100 307 9200 SH SOLE 0 0 9200 Woodward Inc COM 980745103 250 2000 SH SOLE 0 0 2000 YUM Brands COM 988498101 11106 93694 SH SOLE 0 0 93694 Zebra Technologies Corp COM 989207105 372 900 SH SOLE 0 0 900 Zoetis Inc COM 98978V103 330 1750 SH SOLE 0 0 1750 Zscaler Inc COM 98980G102 483 2000 SH SOLE 0 0 2000 iShare S&P 500 Index COM 464287200 1837 4050 SH SOLE 0 0 4050 iShares Russell 2000 ETF COM 464287655 341 1660 SH SOLE 0 0 1660