13F-HR 1 dec0513f.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2005 Check here if Amendment [ ] Amendment Number: This Amendment (Check only one.): [ ] is a restatement [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Flippin, Bruce & Porter, Inc. Address: 800 Main Street 2nd Floor Lynchburg, VA 24504 13F File Number: 28-1905 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Teresa L. Sanderson Title: Chief Compliance Officer Phone: (434) 845-4900 Signature, Place, and Date of Signing: Teresa L. Sanderson Lynchburg, Virginia February 10, 2006 Report Type (Check only one.): [ X ] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 87 Form 13F Information Table Value Total: 3412454 List of Other Included Managers: FORM 13F INFORMATION TABLE VALUE SHARES/ SH/PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLA CUSIP (X$1000) PRN AMT PRNCALL DISCRETION MANAGERS SOLE SHARED NONE 3M CO COM 88579y101 206 2664SH Sole 2664 ABBOTT LABS COM 002824100 496 12581SH Sole 4781 7800 AGILENT TECHNOLOGIES COM 00846U101 74129 2226757SH Sole 2113157 113600 ALLSTATE CORP COM 020002101 254 4700SH Sole 4700 ALTRIA GROUP INC COM 02209S103 66909 895463SH Sole 874613 20850 AMERICAN EXPRESS COM 025816109 63610 1236115SH Sole 1164165 71950 AMERICAN INTL GROUP COM 026874107 138718 2033100SH Sole 1902600 130500 AMERIPRISE FINL INC COM COM 03076C106 321 7820SH Sole 7560 260 AMGEN INC COM 031162100 276 3500SH Sole 3500 APPLEBEES INTL INC COM 037899101 347 15360SH Sole 11160 4200 AT&T INC COM COM 00206R102 202 8266SH Sole 6950 1316 AUTOMATIC DATA PROCESS COM 053015103 220 4800SH Sole 4800 BANK OF AMERICA COM 060505104 149858 3247195SH Sole 3020795 226400 BB&T CORP COM 054937107 926 22094SH Sole 20442 1652 BELLSOUTH CORP COM 079860102 220 8109SH Sole 6109 2000 BEST BUY INC COM 086516101 50437 1160005SH Sole 1083393 76612 BP PLC SPONSORED ADR COM 055622104 515 8024SH Sole 8024 BRISTOL-MYERS SQUIBB COM 110122108 35603 1549301SH Sole 1460301 89000 CARDINAL HEALTH INC COM 14149Y108 2011 29250SH Sole 27250 2000 CENDANT CORP COM 151313103 107223 6215827SH Sole 5784827 431000 CHEVRON CORP NEW COM 166764100 534 9410SH Sole 9410 CHUBB CORP COM 171232101 312 3200SH Sole 1700 1500 CIGNA CORP COM 125509109 36804 329489SH Sole 315764 13725 CISCO SYS INC COM 17275R102 36883 2154398SH Sole 2026998 127400 CITIGROUP INC COM 172967101 151041 3112320SH Sole 2912660 199660 COCA COLA CO COM 191216100 726 18003SH Sole 18003 COMPUTER SCIENCES COM 205363104 57397 1133425SH Sole 1031725 101700 CONOCOPHILLIPS COM 20825C104 320 5504SH Sole 5504 CVS CORP COM 126650100 55056 2083864SH Sole 1956464 127400 DILLARDS INC CL A COM 254067101 53119 2140157SH Sole 2002607 137550 DU PONT E I DE NEMOURS COM 263534109 229 5400SH Sole 5400 ENGELHARD CORP COM 292845104 76500 2537309SH Sole 2364109 173200 EXXON MOBIL CORP COM 30231G102 4245 75577SH Sole 67977 7600 FANNIE MAE COM 313586109 69486 1423611SH Sole 1346961 76650 FEDERATED DEPT STORES COM 31410H101 24601 370882SH Sole 346900 23982 FEDEX CORP COM 31428X106 70770 684500SH Sole 637650 46850 FIRST DATA CORP COM 319963104 802 18646SH Sole 14846 3800 FREDDIE MAC COM 313400301 42024 643055SH Sole 598680 44375 GANNETT INC COM 364730101 36950 610036SH Sole 569411 40625 GENERAL ELEC CO COM 369604103 91615 2613831SH Sole 2445731 168100 GENERAL MTRS CORP COM 370442105 42490 2187946SH Sole 2066746 121200 GOLDMAN SACHS GROUP COM 38141G104 204 1600SH Sole 1600 HARTFORD FINANCIAL COM 416515104 257 2997SH Sole 2997 HCA INC COM 404119109 93889 1859192SH Sole 1717367 141825 HEWLETT-PACKARD CO COM 428236103 118667 4144856SH Sole 3838903 305953 INTEL CORP COM 458140100 488 19547SH Sole 19547 INTL BUSINESS MACHINES COM 459200101 130306 1585232SH Sole 1476107 109125 ISHARES TR RUSSELL1000VAL COM 464287598 345 5000SH Sole 5000 ISHARES TR S&P 500 INDEX COM 464287200 2496 20021SH Sole 20021 J P MORGAN CHASE & CO COM 46625H100 157729 3974013SH Sole 3681031 292982 JEFFERSON PILOT CORP COM 475070108 76040 1335670SH Sole 1265570 70100 JOHNSON & JOHNSON COM 478160104 112032 1864099SH Sole 1740524 123575 KERR MCGEE CORP COM 492386107 663 7300SH Sole 4300 3000 KROGER CO COM 501044101 449 23800SH Sole 17300 6500 MARATHON OIL CORP COM 565849106 41426 679457SH Sole 648807 30650 MCDONALDS CORP COM 580135101 236 7000SH Sole 7000 MCGRAW HILL COS COM 580645109 723 14000SH Sole 14000 MERCK & CO INC COM 589331107 70081 2203126SH Sole 2057376 145750 MICROSOFT CORP COM 594918104 89009 3403793SH Sole 3182593 221200 MILLIPORE CORP COM 601073109 264 4000SH Sole 4000 MOTOROLA INC COM 620076109 596 26405SH Sole 26405 NORFOLK SOUTHERN COM 655844108 226 5050SH Sole 2150 2900 PEPSICO INC COM 713448108 325 5500SH Sole 5500 PFIZER INC COM 717081103 98325 4216358SH Sole 3929958 286400 PROCTER & GAMBLE COM 742718109 911 15740SH Sole 15740 ROYAL DUTCH SHELL PLC-ADR A COM 780259206 47818 777656SH Sole 739206 38450 SCHERING PLOUGH COM 806605101 323 15474SH Sole 15474 SCHLUMBERGER LTD COM 806857108 321 3300SH Sole 3300 SERVICE CORP INTL COM 817565104 605 74000SH Sole 61000 13000 SLM CORPORATION SECURITIES COM 78442P106 1960 35575SH Sole 24275 11300 SOLECTRON CORP COM 834182107 33358 9114191SH Sole 8506991 607200 SUNTRUST BKS INC COM 867914103 1324 18194SH Sole 17810 384 THE ST PAUL TRAVELERS COMPANIE COM 792860108 140116 3136682SH Sole 2940895 195787 TRANSOCEAN INC ORD COM G90078109 781 11200SH Sole 8700 2500 TYCO INTL LTD COM 902124106 81205 2813769SH Sole 2599087 214682 UNION PAC CORP COM 907818108 40607 504369SH Sole 467519 36850 UNITED TECHNOLOGIES COM 913017109 452 8080SH Sole 8080 UNUMPROVIDENT CORP COM 91529Y106 33804 1485887SH Sole 1348837 137050 VERIZON COMMUNICATIONS COM 92343V104 79725 2646899SH Sole 2446102 200797 WACHOVIA CORP COM 929903102 123111 2329006SH Sole 2160606 168400 WAL MART STORES COM 931142103 117756 2516156SH Sole 2359306 156850 WATSON PHARMACEUTICALS COM 942683103 53240 1637654SH Sole 1514954 122700 WELLPOINT INC COM 94973V107 87943 1102178SH Sole 1023078 79100 WELLS FARGO COMPANY COM 949746101 214 3406SH Sole 3406 WHIRLPOOL CORP COM 963320106 26976 322063SH Sole 297663 24400 WYETH COM 983024100 472 10238SH Sole 10238 XEROX CORP COM 984121103 271 18477SH Sole 18477 COLUMN TOTALS 3412454 94859704 88515837 06343867