Granite Investment Advisors, Inc. Buys FedEx Corp, Cummins Inc, Canadian Pacific Railway, Sells Intel Corp, Boeing Co, Stryker Corp

• New Purchases: FDX, CP, TMUS, FAST, VLO, PSX, CAT, EMR, TTWO, VIG,
• Added Positions: CMI, UPS, NEE, MS, LUV, IGIB, IGSB, T, VCIT, SYY, SPY, GOOGL, CRM, AMAT, XLV, ATVI, XLB, ISRG, XLK, TMO, AMZN, NFLX, HD, EQIX, ADBE, XLC, SPGI, UNP, MA, BAC, BBY, BX, ZTS, VZ, ACN, MMM, JPM, LMT, PG, VFH, ORCL, APD, QCOM, PFE, KO, CVX, VWO, ABBV, IYR,
• Reduced Positions: INTC, AAPL, BA, MCD, HON, FB, MSFT, CSCO, BABA, MRK, BIL, AMT, SBUX, DIS, NVDA, RDS.B, UL, FLOT, ETN, ABT, ADP, BRK.B, JNJ, DEO, CMCSA, HUBB, CE, VBK, XLE, PGR, WFC, TU, Y, DOV, AFL, WRK, WBA, UN, TOT, ABC, RDS.A, CVLBD, COF, CCL, IBM, SLB, IJH, HUM,
• Sold Out: SYK, AXP, ULTA, LITE, LEVI,

For the details of Granite Investment Advisors, Inc.'s stock buys and sells, go to https://www.gurufocus.com/guru/granite+investment+advisors%2C+inc./current-portfolio/portfolio

1. Apple Inc (AAPL) - 288,558 shares, 6.56% of the total portfolio. Shares reduced by 9.58%
2. Microsoft Corp (MSFT) - 90,597 shares, 3.74% of the total portfolio. Shares reduced by 4.58%
3. Berkshire Hathaway Inc (BRK.B) - 63,113 shares, 2.64% of the total portfolio. Shares reduced by 1.26%
4. Johnson & Johnson (JNJ) - 75,804 shares, 2.22% of the total portfolio. Shares reduced by 1.22%
5. Abbott Laboratories (ABT) - 97,003 shares, 2.07% of the total portfolio. Shares reduced by 1.37%

Granite Investment Advisors, Inc. initiated holding in FedEx Corp. The purchase prices were between $155.48 and $254.44, with an estimated average price of $199.73. The stock is now traded at around $283.92. The impact to a portfolio due to this purchase was 1.54%. The holding were 31,239 shares as of .

Granite Investment Advisors, Inc. initiated holding in Canadian Pacific Railway Ltd. The purchase prices were between $253.53 and $307.81, with an estimated average price of $284.95. The stock is now traded at around $326.17. The impact to a portfolio due to this purchase was 0.41%. The holding were 6,937 shares as of .

Granite Investment Advisors, Inc. initiated holding in T-Mobile US Inc. The purchase prices were between $104.49 and $118.88, with an estimated average price of $110.82. The stock is now traded at around $116.21. The impact to a portfolio due to this purchase was 0.38%. The holding were 16,848 shares as of .

Granite Investment Advisors, Inc. initiated holding in Fastenal Co. The purchase prices were between $43.01 and $49.67, with an estimated average price of $45.94. The stock is now traded at around $45.31. The impact to a portfolio due to this purchase was 0.36%. The holding were 40,521 shares as of .

Granite Investment Advisors, Inc. initiated holding in Valero Energy Corp. The purchase prices were between $43.32 and $59.69, with an estimated average price of $52.42. The stock is now traded at around $40.50. The impact to a portfolio due to this purchase was 0.29%. The holding were 34,567 shares as of .

Granite Investment Advisors, Inc. initiated holding in Phillips 66. The purchase prices were between $51.84 and $69.11, with an estimated average price of $61.11. The stock is now traded at around $51.80. The impact to a portfolio due to this purchase was 0.22%. The holding were 21,884 shares as of .

Granite Investment Advisors, Inc. added to a holding in Cummins Inc by 852.72%. The purchase prices were between $170.95 and $213.51, with an estimated average price of $198.91. The stock is now traded at around $226.09. The impact to a portfolio due to this purchase was 0.42%. The holding were 11,366 shares as of .

Granite Investment Advisors, Inc. added to a holding in United Parcel Service Inc by 91.39%. The purchase prices were between $113.76 and $168.9, with an estimated average price of $145.35. The stock is now traded at around $175.40. The impact to a portfolio due to this purchase was 0.41%. The holding were 26,156 shares as of .

Granite Investment Advisors, Inc. added to a holding in NextEra Energy Inc by 626.58%. The purchase prices were between $246.26 and $295.7, with an estimated average price of $275.71. The stock is now traded at around $303.04. The impact to a portfolio due to this purchase was 0.39%. The holding were 8,283 shares as of .

Granite Investment Advisors, Inc. added to a holding in Morgan Stanley by 35.12%. The purchase prices were between $46.42 and $53.25, with an estimated average price of $50.37. The stock is now traded at around $51.74. The impact to a portfolio due to this purchase was 0.38%. The holding were 152,757 shares as of .

Granite Investment Advisors, Inc. added to a holding in Southwest Airlines Co by 30.26%. The purchase prices were between $30.89 and $42.1, with an estimated average price of $35.57. The stock is now traded at around $39.51. The impact to a portfolio due to this purchase was 0.26%. The holding were 155,269 shares as of .

Granite Investment Advisors, Inc. added to a holding in iShares Intermediate Credit Bond ETF by 47.33%. The purchase prices were between $59.92 and $61.31, with an estimated average price of $60.73. The stock is now traded at around $61.03. The impact to a portfolio due to this purchase was 0.23%. The holding were 61,291 shares as of .

Granite Investment Advisors, Inc. sold out a holding in Stryker Corp. The sale prices were between $177.77 and $215.81, with an estimated average price of $194.27.

Granite Investment Advisors, Inc. sold out a holding in American Express Co. The sale prices were between $90.57 and $107.27, with an estimated average price of $98.42.

Granite Investment Advisors, Inc. sold out a holding in Ulta Beauty Inc. The sale prices were between $191.29 and $240.51, with an estimated average price of $215.37.

Granite Investment Advisors, Inc. sold out a holding in Lumentum Holdings Inc. The sale prices were between $70.25 and $95.56, with an estimated average price of $82.79.

Granite Investment Advisors, Inc. sold out a holding in Levi Strauss & Co. The sale prices were between $12 and $14.41, with an estimated average price of $12.7.