# EDGAR Filing Document

**Accession Number:** 0001080523
**File Stem:** 0001080523-23-000002
**Filing Date:** 2023-2
**Character Count:** 11051
**Document Hash:** 81b5b20f8b1cd3b3902f2c5e6843e9ce
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001080523-23-000002.hdr.sgml**: 20230217

**ACCESSION NUMBER**: 0001080523-23-000002

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230217

**DATE AS OF CHANGE**: 20230217

**EFFECTIVENESS DATE**: 20230217

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Selway Asset Management
- **CENTRAL INDEX KEY:** 0001080523
- **STATE OF INCORPORATION:** ID
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-07788
- **FILM NUMBER:** 23641321

**MAIL ADDRESS:**
- **STREET 1:** 877 W MAIN ST
- **STREET 2:** STE 602
- **CITY:** BOISE
- **STATE:** ID
- **ZIP:** 83702

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BURROUGHS & HUTCHINSON
- **DATE OF NAME CHANGE:** 19990609

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**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:** Selway Asset Management<br>**Address:** 877 W MAIN ST<br>STE 602<br>BOISE, ID 83702

**Form 13F File Number:** 028-07788

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:** Jill Wilson<br>**Title:** Operations Manager<br>**Phone:** 208-343-7556

**Signature, Place, and Date of Signing:**

Jill Wilson  boise, ID  02-17-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 73

**Form 13F Information Table Value Total:** $189156842

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| AMAZON COM INC COM | Stock | 023135106 |  | 319200 | 3800 | SH |  | SOLE |  | 3800 | 0 | 0 |
| JOHNSON  JOHNSON COM | Stock | 478160104 |  | 2413922 | 13665 | SH |  | SOLE |  | 13665 | 0 | 0 |
| VANGUARD TOTAL STOCK MARKET ETF | ETF | 922908769 |  | 276843 | 1448 | SH |  | SOLE |  | 1448 | 0 | 0 |
| GOLDMAN SACHS GROUP INC COM | Stock | 38141G104 |  | 721098 | 2100 | SH |  | SOLE |  | 2100 | 0 | 0 |
| INTEL CORP COM | Stock | 458140100 |  | 2366278 | 89530 | SH |  | SOLE |  | 89530 | 0 | 0 |
| STATE STR CORP COM | Stock | 857477103 |  | 1186821 | 15300 | SH |  | SOLE |  | 15300 | 0 | 0 |
| ADVANCE AUTO PARTS INC COM | Stock | 00751Y106 |  | 1971672 | 13410 | SH |  | SOLE |  | 13410 | 0 | 0 |
| SPDR S 500 ETF TRUST | ETF | 78462F103 |  | 2190941 | 5729 | SH |  | SOLE |  | 5729 | 0 | 0 |
| ALLSPRING INCOME OPPORTUNIT INC OPPTY FD | CEF | 94987B105 |  | 895814 | 140190 | SH |  | SOLE |  | 140190 | 0 | 0 |
| COGNIZANT TECHNOLOGY SOLUTIONS CL A | Stock | 192446102 |  | 1933880 | 33815 | SH |  | SOLE |  | 33815 | 0 | 0 |
| EATON VANCE LTD DURATION INCOM COM | CEF | 27828H105 |  | 975893 | 103929 | SH |  | SOLE |  | 103929 | 0 | 0 |
| CHUBB LIMITED COM | Stock | H1467J104 |  | 4341408 | 19680 | SH |  | SOLE |  | 19680 | 0 | 0 |
| FEDEX CORP COM | Stock | 31428X106 |  | 4709135 | 27189 | SH |  | SOLE |  | 27189 | 0 | 0 |
| PEPSICO INC COM | Stock | 713448108 |  | 2708997 | 14995 | SH |  | SOLE |  | 14995 | 0 | 0 |
| US BANCORP DEL COM NEW | Stock | 902973304 |  | 236933 | 5433 | SH |  | SOLE |  | 5433 | 0 | 0 |
| HOME DEPOT INC COM | Stock | 437076102 |  | 6868060 | 21744 | SH |  | SOLE |  | 21744 | 0 | 0 |
| AMERISOURCEBERGEN CORP COM | Stock | 03073E105 |  | 459845 | 2775 | SH |  | SOLE |  | 2775 | 0 | 0 |
| BECTON DICKINSON  CO COM | Stock | 075887109 |  | 3446274 | 13552 | SH |  | SOLE |  | 13552 | 0 | 0 |
| ISHARES CORE S SMALL CAP ETF | ETF | 464287804 |  | 283920 | 3000 | SH |  | SOLE |  | 3000 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL CL B NEW | Stock | 084670702 |  | 705837 | 2285 | SH |  | SOLE |  | 2285 | 0 | 0 |
| ALPHABET INC CAP STK CL A | Stock | 02079K305 |  | 5674512 | 64315 | SH |  | SOLE |  | 64315 | 0 | 0 |
| FISERV INC COM | Stock | 337738108 |  | 3948704 | 39069 | SH |  | SOLE |  | 39069 | 0 | 0 |
| MICROSOFT CORP COM | Stock | 594918104 |  | 9313170 | 38834 | SH |  | SOLE |  | 38834 | 0 | 0 |
| CVS HEALTH CORP COM | Stock | 126650100 |  | 5080066 | 54513 | SH |  | SOLE |  | 54513 | 0 | 0 |
| VANGUARD INFORMATION TECHNOLOGY ETF | ETF | 92204A702 |  | 223587 | 700 | SH |  | SOLE |  | 700 | 0 | 0 |
| BLACKROCK CORE BD TR SHS BEN INT | CEF | 09249E101 |  | 1241085 | 119565 | SH |  | SOLE |  | 119565 | 0 | 0 |
| HANCOCK JOHN PFD INCOME FD III COM | CEF | 41021P103 |  | 671861 | 46560 | SH |  | SOLE |  | 46560 | 0 | 0 |
| BITFARMS LTD COM | Stock | 09173B107 |  | 44000 | 100000 | SH |  | SOLE |  | 100000 | 0 | 0 |
| INVESCO S 500 EQUAL WEIGHT ETF | ETF | 46137V357 |  | 535055 | 3788 | SH |  | SOLE |  | 3788 | 0 | 0 |
| ETRACS ALERIAN MLP INFRASTRUCTURE INDEX ETN SERIES B | ETF | 90274D382 |  | 498828 | 26590 | SH |  | SOLE |  | 26590 | 0 | 0 |
| CARRIER GLOBAL CORPORATION COM | Stock | 14448C104 |  | 1175625 | 28500 | SH |  | SOLE |  | 28500 | 0 | 0 |
| SYSCO CORP COM | Stock | 871829107 |  | 1048894 | 13720 | SH |  | SOLE |  | 13720 | 0 | 0 |
| MARATHON PETE CORP COM | Stock | 56585A102 |  | 7015407 | 60275 | SH |  | SOLE |  | 60275 | 0 | 0 |
| ENERGY TRANSFER L P COM UT LTD PTN | Stock | 29273V100 |  | 1539539 | 129700 | SH |  | SOLE |  | 129700 | 0 | 0 |
| PROSHARES SHORT VIX SHORT-TERM FUTURES ETF | ETF | 74347W130 |  | 705744 | 12027 | SH |  | SOLE |  | 12027 | 0 | 0 |
| ALLSPRING MULTI SECTOR INCOME COM | CEF | 94987D101 |  | 549653 | 56087 | SH |  | SOLE |  | 56087 | 0 | 0 |
| META PLATFORMS INC CL A | Stock | 30303M102 |  | 1177407 | 9784 | SH |  | SOLE |  | 9784 | 0 | 0 |
| BLACKSTONE STRATEGIC CREDIT FD COM SHS BEN IN | CEF | 09257R101 |  | 872374 | 82455 | SH |  | SOLE |  | 82455 | 0 | 0 |
| BROADCOM INC COM | Stock | 11135F101 |  | 2737500 | 4896 | SH |  | SOLE |  | 4896 | 0 | 0 |
| BLACKROCK FLOATING RATE INCOME COM | CEF | 09255X100 |  | 154262 | 13700 | SH |  | SOLE |  | 13700 | 0 | 0 |
| CUMMINS INC COM | Stock | 231021106 |  | 4270604 | 17626 | SH |  | SOLE |  | 17626 | 0 | 0 |
| ABBVIE INC COM | Stock | 00287Y109 |  | 6405736 | 39637 | SH |  | SOLE |  | 39637 | 0 | 0 |
| POLARIS INC COM | Stock | 731068102 |  | 1785175 | 17675 | SH |  | SOLE |  | 17675 | 0 | 0 |
| ZIMMER BIOMET HOLDINGS INC COM | Stock | 98956P102 |  | 2886473 | 22639 | SH |  | SOLE |  | 22639 | 0 | 0 |
| QUALCOMM INC COM | Stock | 747525103 |  | 5114409 | 46520 | SH |  | SOLE |  | 46520 | 0 | 0 |
| CISCO SYS INC COM | Stock | 17275R102 |  | 5725232 | 120177 | SH |  | SOLE |  | 120177 | 0 | 0 |
| CAPITAL ONE FINL CORP COM | Stock | 14040H105 |  | 672380 | 7233 | SH |  | SOLE |  | 7233 | 0 | 0 |
| AT INC COM | Stock | 00206R102 |  | 480796 | 26116 | SH |  | SOLE |  | 26116 | 0 | 0 |
| SPDR PORTFOLIO SHORT TERM TREASURY ETF | ETF | 78468R101 |  | 4189050 | 145000 | SH |  | SOLE |  | 145000 | 0 | 0 |
| HANCOCK JOHN PFD INCOME FD SH BEN INT | CEF | 41013W108 |  | 345717 | 21540 | SH |  | SOLE |  | 21540 | 0 | 0 |
| CIGNA CORP NEW COM | Stock | 125523100 |  | 7624796 | 23012 | SH |  | SOLE |  | 23012 | 0 | 0 |
| WESCO INTL INC COM | Stock | 95082P105 |  | 2711832 | 21660 | SH |  | SOLE |  | 21660 | 0 | 0 |
| WELLS FARGO CO NEW COM | Stock | 949746101 |  | 776252 | 18800 | SH |  | SOLE |  | 18800 | 0 | 0 |
| JPMORGAN CHASE  CO COM | Stock | 46625H100 |  | 6007278 | 44797 | SH |  | SOLE |  | 44797 | 0 | 0 |
| CHEVRON CORP NEW COM | Stock | 166764100 |  | 4004422 | 22310 | SH |  | SOLE |  | 22310 | 0 | 0 |
| TJX COS INC NEW COM | Stock | 872540109 |  | 573757 | 7208 | SH |  | SOLE |  | 7208 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS COM | Stock | 459200101 |  | 500160 | 3550 | SH |  | SOLE |  | 3550 | 0 | 0 |
| ORACLE CORP COM | Stock | 68389X105 |  | 2996997 | 36665 | SH |  | SOLE |  | 36665 | 0 | 0 |
| RAYTHEON TECHNOLOGIES CORP COM | Stock | 75513E101 |  | 2550248 | 25270 | SH |  | SOLE |  | 25270 | 0 | 0 |
| AMERICAN EXPRESS CO COM | Stock | 025816109 |  | 2578238 | 17450 | SH |  | SOLE |  | 17450 | 0 | 0 |
| OTIS WORLDWIDE CORP COM | Stock | 68902V107 |  | 1326963 | 16945 | SH |  | SOLE |  | 16945 | 0 | 0 |
| VANGUARD DIVIDEND APPRECIATION ETF | ETF | 921908844 |  | 205453 | 1353 | SH |  | SOLE |  | 1353 | 0 | 0 |
| EATON CORP PLC SHS | Stock | G29183103 |  | 3750320 | 23895 | SH |  | SOLE |  | 23895 | 0 | 0 |
| PIMCO MUN INCOME FD COM | CEF | 72200R107 |  | 6787437 | 650761 | SH |  | SOLE |  | 650761 | 0 | 0 |
| LAM RESEARCH CORP COM | Stock | 512807108 |  | 231165 | 550 | SH |  | SOLE |  | 550 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO COM | Stock | 110122108 |  | 3256025 | 45254 | SH |  | SOLE |  | 45254 | 0 | 0 |
| VISTA OUTDOOR INC COM | Stock | 928377100 |  | 1793632 | 73600 | SH |  | SOLE |  | 73600 | 0 | 0 |
| CITIGROUP INC COM NEW | Stock | 172967424 |  | 1918521 | 42417 | SH |  | SOLE |  | 42417 | 0 | 0 |
| EXXON MOBIL CORP COM | Stock | 30231G102 |  | 419140 | 3800 | SH |  | SOLE |  | 3800 | 0 | 0 |
| PAYPAL HLDGS INC COM | Stock | 70450Y103 |  | 3407592 | 47846 | SH |  | SOLE |  | 47846 | 0 | 0 |
| ISHARES CORE S MID-CAP ETF | ETF | 464287507 |  | 362835 | 1500 | SH |  | SOLE |  | 1500 | 0 | 0 |
| APPLE INC COM | Stock | 037833100 |  | 18603377 | 143180 | SH |  | SOLE |  | 143180 | 0 | 0 |
| WALT DISNEY CO | Stock | 254687106 |  | 1674786 | 19277 | SH |  | SOLE |  | 19277 | 0 | 0 |

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