Principal & CCO

0001161670-22-000001.txt : 20220107 0001161670-22-000001.hdr.sgml : 20220107 20220107162724 ACCESSION NUMBER: 0001161670-22-000001 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20211231 FILED AS OF DATE: 20220107 DATE AS OF CHANGE: 20220107 EFFECTIVENESS DATE: 20220107 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: 22518466 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 12-31-2021 12-31-2021 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 01-07-2022 0 237 1964487 false INFORMATION TABLE 2 LargestHolding20211231.xml 13F HOLDINGS 3M Company COM 88579Y101 8376 47157 SH SOLE 0 0 47157 AFLAC Inc COM 001055102 14803 253518 SH SOLE 0 0 253518 AT&T Inc COM 00206R102 903 36700 SH SOLE 0 0 36700 AbbVie Inc COM 00287Y109 17256 127443 SH SOLE 0 0 127443 Abbott Laboratories COM 002824100 17072 121299 SH SOLE 0 0 121299 Accenture Ltd COM G1151C101 8141 19639 SH SOLE 0 0 19639 Adobe COM 00724F101 21167 37327 SH SOLE 0 0 37327 Air Products & Chemicals COM 009158106 685 2250 SH SOLE 0 0 2250 Alibaba Group Holding COM 01609W102 419 3525 SH SOLE 0 0 3525 Alphabet Class A COM 02079K305 28846 9957 SH SOLE 0 0 9957 Alphabet Class C COM 02079K107 2170 750 SH SOLE 0 0 750 Altria Group COM 02209S103 1349 28462 SH SOLE 0 0 28462 Amazon COM 023135106 21170 6349 SH SOLE 0 0 6349 American Electric Power COM 025537101 4829 54275 SH SOLE 0 0 54275 American Express Co COM 025816109 18412 112545 SH SOLE 0 0 112545 American Tower REIT COM 03027X100 10282 35152 SH SOLE 0 0 35152 Amgen Inc COM 031162100 44432 197501 SH SOLE 0 0 197501 Analog Devices COM 032654105 7947 45212 SH SOLE 0 0 45212 Anaplan Inc COM 03272L108 627 13665 SH SOLE 0 0 13665 Apple Inc COM 037833100 105342 593240 SH SOLE 0 0 593240 Applied Materials COM 038222105 409 2600 SH SOLE 0 0 2600 Arvinas Inc COM 04335A105 1503 18300 SH SOLE 0 0 18300 AstraZeneca PLC COM 046353108 2188 37559 SH SOLE 0 0 37559 Automatic Data COM 053015103 9687 39287 SH SOLE 0 0 39287 BP PLC - Foreign Tax COM 055622104 652 24500 SH SOLE 0 0 24500 Bank Of America COM 060505104 4674 105064 SH SOLE 0 0 105064 Bank of Hawaii COM 062540109 209 2500 SH SOLE 0 0 2500 Bank of N.Y. COM 064058100 1174 20217 SH SOLE 0 0 20217 Bath & Body Works Inc. COM 070830104 468 6700 SH SOLE 0 0 6700 Baxter Intl COM 071813109 1552 18075 SH SOLE 0 0 18075 Becton Dickenson & Co COM 075887109 277 1100 SH SOLE 0 0 1100 Berkshire Hathaway Cl B COM 113809107 2234 7472 SH SOLE 0 0 7472 Best Buy COM 086516101 4482 44113 SH SOLE 0 0 44113 Biogen Idec COM 09062X103 264 1100 SH SOLE 0 0 1100 Boeing COM 097023105 594 2950 SH SOLE 0 0 2950 Boston Scientific COM 101137107 867 20400 SH SOLE 0 0 20400 Bristol Myers Squibb Company COM 110122108 17285 277232 SH SOLE 0 0 277232 Broadcom Ltd COM 11135F101 1544 2320 SH SOLE 0 0 2320 C H Robinsin Worldwide COM 12541W209 4701 43681 SH SOLE 0 0 43681 CBOE Holdings Inc COM 12503M108 691 5300 SH SOLE 0 0 5300 CME Group COM 12572Q105 2055 8995 SH SOLE 0 0 8995 CSX Corp COM 126408103 3186 84724 SH SOLE 0 0 84724 CVS Corp COM 126650100 17513 169769 SH SOLE 0 0 169769 Canadian National Railway COM 136375102 344 2800 SH SOLE 0 0 2800 Capital One Financial COM 14040H105 8950 61684 SH SOLE 0 0 61684 Cardinal Health COM 14149Y108 596 11579 SH SOLE 0 0 11579 Carrier Global COM 14448C104 2674 49300 SH SOLE 0 0 49300 Caterpillar COM 149123101 4886 23632 SH SOLE 0 0 23632 Cerner Corporation COM 156782104 7942 85520 SH SOLE 0 0 85520 Charles Schwab Corp COM 808513105 6774 80548 SH SOLE 0 0 80548 Chevron Corp COM 166764100 19347 164865 SH SOLE 0 0 164865 Cisco Systems Inc COM 17275R102 22608 356758 SH SOLE 0 0 356758 Citigroup COM 172967424 1982 32826 SH SOLE 0 0 32826 Coca-Cola Company COM 191216100 79407 1341103 SH SOLE 0 0 1341103 Cognex COM 192422103 342 4400 SH SOLE 0 0 4400 Cognizant Technologies Sol A COM 192446102 7663 86370 SH SOLE 0 0 86370 Coinbase Global Inc. COM 19260Q107 303 1200 SH SOLE 0 0 1200 Colgate-Palmolive Company COM 194162103 7861 92109 SH SOLE 0 0 92109 Comcast Corp COM 20030N101 19304 383548 SH SOLE 0 0 383548 ConocoPhillips COM 20825C104 731 10125 SH SOLE 0 0 10125 Constellation Brands COM 21036P108 7062 28139 SH SOLE 0 0 28139 Corning COM 219350105 548 14720 SH SOLE 0 0 14720 Corteva Inc COM 22052L104 10621 224645 SH SOLE 0 0 224645 Costco Wholesale Corp COM 22160K105 9069 15975 SH SOLE 0 0 15975 Crown Castle COM 228227104 14876 71267 SH SOLE 0 0 71267 Cummins COM 231021106 8756 40139 SH SOLE 0 0 40139 Danaher Corp COM 235851102 207 630 SH SOLE 0 0 630 Daseke Inc COM 23753F107 100 10000 SH SOLE 0 0 10000 Deere & Company COM 244199105 12531 36545 SH SOLE 0 0 36545 Devon Energy COM 25179M103 489 11100 SH SOLE 0 0 11100 Diageo PLC ADR - Foreign tax COM 25243Q205 506 2300 SH SOLE 0 0 2300 Dollar Tree Inc COM 256746108 1433 10200 SH SOLE 0 0 10200 Dominion Energy COM 25746U109 685 8714 SH SOLE 0 0 8714 Doordash Inc COM 25809K105 1400 9400 SH SOLE 0 0 9400 Dorman Products Inc COM 258278100 2825 25000 SH SOLE 0 0 25000 Dow Inc COM 260557103 4136 72916 SH SOLE 0 0 72916 DuPont De Nemours & Co COM 26614N102 458 5669 SH SOLE 0 0 5669 Duke Energy Hldg COM 26441C204 12499 119151 SH SOLE 0 0 119151 EBay COM 278642103 1483 22300 SH SOLE 0 0 22300 Eastman Chemical COM 277432100 302 2500 SH SOLE 0 0 2500 Eaton Corp COM G29183103 4418 25562 SH SOLE 0 0 25562 Edwards Lifesciences COM 28176E108 844 6511 SH SOLE 0 0 6511 Electronic Arts COM 285512109 20804 157722 SH SOLE 0 0 157722 Emerson Electric Company COM 291011104 679 7300 SH SOLE 0 0 7300 Energy Transfer LP COM 29273V100 594 72120 SH SOLE 0 0 72120 Enterprise Products Ptrs COM 293792107 797 36300 SH SOLE 0 0 36300 Exxon Mobil COM 30231G102 19022 310865 SH SOLE 0 0 310865 Facebook Inc COM 30303M102 9497 28235 SH SOLE 0 0 28235 FactSet Research Systems COM 303075105 3375 6945 SH SOLE 0 0 6945 Fastenal Company COM 311900104 8924 139305 SH SOLE 0 0 139305 Fifth Third Bancorp COM 316773100 843 19364 SH SOLE 0 0 19364 First Energy COM 337932107 341 8200 SH SOLE 0 0 8200 First Horizon National COM 320517105 180 11001 SH SOLE 0 0 11001 First Solar Inc COM 336433107 784 9000 SH SOLE 0 0 9000 Fiserv COM 337738108 9631 92789 SH SOLE 0 0 92789 Ford Motor COM 345370860 841 40500 SH SOLE 0 0 40500 Fortinet Inc COM 34959E109 288 800 SH SOLE 0 0 800 Fortive Corp COM 34959J108 4383 57450 SH SOLE 0 0 57450 Fortune Brands Home & Sec COM 34964C106 342 3200 SH SOLE 0 0 3200 Fulton Financial COM 360271100 197 11600 SH SOLE 0 0 11600 Garmin COM H2906T109 9520 69916 SH SOLE 0 0 69916 General Electric Company COM 369604103 1289 13640 SH SOLE 0 0 13640 General Mills COM 370334104 9753 144741 SH SOLE 0 0 144741 Gilead Sciences COM 375558103 8755 120581 SH SOLE 0 0 120581 Global Payments Inc COM 37940X102 7627 56419 SH SOLE 0 0 56419 Goldman Sachs COM 38141G104 4388 11470 SH SOLE 0 0 11470 HP Inc COM 40434L105 5599 148641 SH SOLE 0 0 148641 Hasbro Inc COM 418056107 1863 18300 SH SOLE 0 0 18300 Hershey Company COM 427866108 252 1300 SH SOLE 0 0 1300 Hims and Hers Health COM 433000106 982 150000 SH SOLE 0 0 150000 Home Depot COM 437076102 4979 11997 SH SOLE 0 0 11997 Honeywell COM 438516106 562 2693 SH SOLE 0 0 2693 Humana COM 444859102 707 1525 SH SOLE 0 0 1525 Illinois Tool Works COM 452308109 6571 26624 SH SOLE 0 0 26624 Ingersoll-Rand PLC COM 45687V106 272 4401 SH SOLE 0 0 4401 Intel Corp COM 458140100 16568 321701 SH SOLE 0 0 321701 Intl Business Machines Corp COM 459200101 3489 26105 SH SOLE 0 0 26105 Intl Flavors & Frag COM 459506101 844 5600 SH SOLE 0 0 5600 Intl Paper COM 460146103 4069 86614 SH SOLE 0 0 86614 Intuit COM 461202103 18215 28318 SH SOLE 0 0 28318 Intuitive Surgical Inc COM 46120E602 539 1500 SH SOLE 0 0 1500 Iron Mountain COM 46284V101 268 5125 SH SOLE 0 0 5125 J P Morgan Chase & Co COM 46625H100 24658 155721 SH SOLE 0 0 155721 Johnson & Johnson COM 478160104 30941 180866 SH SOLE 0 0 180866 KLA Tencor COM 482480100 4723 10980 SH SOLE 0 0 10980 Kimberly-Clark COM 494368103 707 4950 SH SOLE 0 0 4950 Kinder Morgan COM 49456B101 243 15337 SH SOLE 0 0 15337 Knight-Swift Trans COM 499049104 238 3900 SH SOLE 0 0 3900 Kraft Heinz Co COM 500754106 272 7573 SH SOLE 0 0 7573 Lam Research Corp COM 512807108 6976 9700 SH SOLE 0 0 9700 Leidos Holdings Inc. COM 525327102 356 4000 SH SOLE 0 0 4000 Lilly Eli & Company COM 532457108 331 1200 SH SOLE 0 0 1200 Linde PLC COM G5494J103 7439 21473 SH SOLE 0 0 21473 Lockheed Martin COM 539830109 9568 26920 SH SOLE 0 0 26920 Lowes Companies Inc COM 548661107 23157 89589 SH SOLE 0 0 89589 Lululemon COM 550021109 4119 10523 SH SOLE 0 0 10523 MPLX LP COM 55336V100 225 7600 SH SOLE 0 0 7600 Marathon Petroleum Corp COM 56585A102 303 4740 SH SOLE 0 0 4740 Marriott Intl New Class A COM 571903202 419 2534 SH SOLE 0 0 2534 Mastercard COM 57636Q104 3518 9790 SH SOLE 0 0 9790 McCormick and Co COM 579780206 580 6000 SH SOLE 0 0 6000 McDonalds Corp COM 580135101 22495 83915 SH SOLE 0 0 83915 Medtronic Plc COM G5960L103 11711 113202 SH SOLE 0 0 113202 Merck & Company Inc COM 58933Y105 3259 42523 SH SOLE 0 0 42523 Metlife Inc COM 59156R108 8859 141773 SH SOLE 0 0 141773 Microchip COM 595017104 348 4000 SH SOLE 0 0 4000 Micron Technology COM 595112103 633 6800 SH SOLE 0 0 6800 Microsoft Corp COM 594918104 74867 222605 SH SOLE 0 0 222605 Mondelez Intl COM 609207105 1774 26760 SH SOLE 0 0 26760 Monster Beverage Corp. COM 61174X109 6223 64800 SH SOLE 0 0 64800 Moody's Corp COM 615369105 234 600 SH SOLE 0 0 600 Morgan Stanley COM 617446448 495 5041 SH SOLE 0 0 5041 NaturalShrimp Inc COM 63902N106 34 95000 SH SOLE 0 0 95000 NextEra Energy COM 65339F101 10494 112406 SH SOLE 0 0 112406 Nike Inc Cl B COM 654106103 10547 63282 SH SOLE 0 0 63282 Norfolk Southern COM 655844108 1727 5800 SH SOLE 0 0 5800 Northrop Grumman Corp COM 666807102 5213 13469 SH SOLE 0 0 13469 Novartis AG COM 66987V109 408 4665 SH SOLE 0 0 4665 Novo Nordisk ADR COM 670100205 750 6700 SH SOLE 0 0 6700 Nucor Corp COM 670346105 354 3100 SH SOLE 0 0 3100 Nvidia Corp COM 67066G104 4176 14200 SH SOLE 0 0 14200 Okta Inc COM 679295105 3228 14400 SH SOLE 0 0 14400 Oracle Corp COM 68389X105 16668 191120 SH SOLE 0 0 191120 Otis Worldwide COM 68902V107 1024 11763 SH SOLE 0 0 11763 PNC Finl COM 693475105 261 1300 SH SOLE 0 0 1300 PayPal Hldg Inc COM 70450Y103 10794 57237 SH SOLE 0 0 57237 Paychex Inc COM 704326107 19228 140867 SH SOLE 0 0 140867 PepsiCo COM 713448108 3408 19621 SH SOLE 0 0 19621 Petroleo Brasileiro COM 71654V408 365 33200 SH SOLE 0 0 33200 Pfizer Inc COM 717081103 5542 93853 SH SOLE 0 0 93853 Philip Morris COM 718172109 2820 29680 SH SOLE 0 0 29680 Phillips 66 COM 718546104 440 6074 SH SOLE 0 0 6074 Pitney Bowes COM 724479100 69 10400 SH SOLE 0 0 10400 ProLogis Inc COM 74340W103 4154 24673 SH SOLE 0 0 24673 Procter & Gamble Co COM 742718109 49377 301852 SH SOLE 0 0 301852 Progressive Corp COM 743315103 205 2000 SH SOLE 0 0 2000 Prudential Financial COM 744320102 1187 10965 SH SOLE 0 0 10965 Public Storage Inc COM 74460D109 15994 42700 SH SOLE 0 0 42700 Qualcomm Inc COM 747525103 5597 30605 SH SOLE 0 0 30605 Quantum Scape Corp COM 71467V109 2241 101000 SH SOLE 0 0 101000 Quick-Med Technologics COM 74837Q106 1 100577 SH SOLE 0 0 100577 Raytheon Technologies Corp COM 75513E101 13647 158577 SH SOLE 0 0 158577 ResMed Inc COM 761152107 208 800 SH SOLE 0 0 800 Rogers Corp COM 775133101 246 900 SH SOLE 0 0 900 Ross Stores COM 778296103 4364 38187 SH SOLE 0 0 38187 S&P Global Inc. COM 78409V104 59463 126000 SH SOLE 0 0 126000 SPDR S&P 500 Trust COM 78462F103 14825 31213 SH SOLE 0 0 31213 Salesforce.com Inc COM 79466L302 18486 72744 SH SOLE 0 0 72744 Science Applications Intl Corp COM 808625107 293 3500 SH SOLE 0 0 3500 Sealed Air COM 81211K100 621 9200 SH SOLE 0 0 9200 Shopify Inc COM 82509L107 826 600 SH SOLE 0 0 600 Simon Property Group COM 828806109 5713 35755 SH SOLE 0 0 35755 Southern Co COM 842587107 1750 25520 SH SOLE 0 0 25520 Sprouts Farmers Market Inc. COM 85208M102 297 10000 SH SOLE 0 0 10000 Stanley Black & Decker COM 854502101 4644 24620 SH SOLE 0 0 24620 Starbucks Corp COM 855244109 18583 158873 SH SOLE 0 0 158873 Stryker COM 863667101 7995 29897 SH SOLE 0 0 29897 Synopsys Inc COM 871607107 221 600 SH SOLE 0 0 600 Sysco Corp COM 871829107 581 7400 SH SOLE 0 0 7400 T Rowe Price Grp Inc COM 74144T108 1268 6450 SH SOLE 0 0 6450 TJX Companies COM 872540109 14773 194585 SH SOLE 0 0 194585 Target Corp COM 87612E106 5791 25020 SH SOLE 0 0 25020 Tesla Motors Inc COM 88160R101 2853 2700 SH SOLE 0 0 2700 Texas Instruments COM 882508104 20692 109787 SH SOLE 0 0 109787 The New York Times Company COM 650111107 6196 128274 SH SOLE 0 0 128274 The Travelers Companies COM 89417E109 6132 39200 SH SOLE 0 0 39200 Thermo Fisher Scientific COM 883556102 934 1400 SH SOLE 0 0 1400 Trane Tech PLC COM G8994E103 646 3200 SH SOLE 0 0 3200 Trex Company Inc COM 89531P105 864 6400 SH SOLE 0 0 6400 Truist Financial Corporation COM 89832Q109 12482 213184 SH SOLE 0 0 213184 U S Bancorp COM 902973304 13120 233575 SH SOLE 0 0 233575 UBS AG COM H42097107 179 10000 SH SOLE 0 0 10000 Uber Technologies Inc COM 90353T100 1500 35772 SH SOLE 0 0 35772 Union Pacific Corp COM 907818108 10376 41187 SH SOLE 0 0 41187 United Parcel Service Inc Cl B COM 911312106 15927 74308 SH SOLE 0 0 74308 UnitedHealth COM 91324P102 14283 28445 SH SOLE 0 0 28445 Vail Resorts Inc COM 91879Q109 483 1472 SH SOLE 0 0 1472 Valero Energy COM 91913Y100 1262 16800 SH SOLE 0 0 16800 Verizon Communications Inc COM 92343V104 17653 339751 SH SOLE 0 0 339751 Vertex Pharmaceutical COM 92532F100 21721 98910 SH SOLE 0 0 98910 Visa Inc Cl A COM 92826C839 5057 23334 SH SOLE 0 0 23334 Vontier Corp COM 928881101 758 24680 SH SOLE 0 0 24680 Vulcan Materials COM 929160109 934 4500 SH SOLE 0 0 4500 Wal-Mart Stores Inc COM 931142103 280148 1936197 SH SOLE 0 0 1936197 Walgreens Boots COM 931427108 201 3845 SH SOLE 0 0 3845 Walt Disney Company COM 254687106 23012 148569 SH SOLE 0 0 148569 Wells Fargo & Co COM 949746101 759 15815 SH SOLE 0 0 15815 Williams Cos Inc Del COM 969457100 294 11300 SH SOLE 0 0 11300 Woodward Inc COM 980745103 219 2000 SH SOLE 0 0 2000 Workday Inc COM 98138H101 492 1800 SH SOLE 0 0 1800 Xilinx COM 983919101 212 1000 SH SOLE 0 0 1000 YUM Brands COM 988498101 12785 92074 SH SOLE 0 0 92074 Zebra Technologies Corp COM 989207105 536 900 SH SOLE 0 0 900 Zoetis Inc COM 98978V103 427 1750 SH SOLE 0 0 1750 Zscaler Inc COM 98980G102 450 1400 SH SOLE 0 0 1400 iShare S&P 500 Index COM 464287200 1932 4050 SH SOLE 0 0 4050 iShares Russell 2000 ETF COM 464287655 369 1660 SH SOLE 0 0 1660