0001008929-12-000002.txt : 20120130 0001008929-12-000002.hdr.sgml : 20120130 20120130122316 ACCESSION NUMBER: 0001008929-12-000002 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20111231 FILED AS OF DATE: 20120130 DATE AS OF CHANGE: 20120130 EFFECTIVENESS DATE: 20120130 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SEAWARD MANAGEMENT LIMITED PARTNERSHIP CENTRAL INDEX KEY: 0001008929 IRS NUMBER: 042996258 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-03669 FILM NUMBER: 12554608 BUSINESS ADDRESS: STREET 1: 265 FRANKLIN STREET STREET 2: 20TH FLOOR CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 617-224-1900 MAIL ADDRESS: STREET 1: 265 FRANKLIN STREET STREET 2: 20TH FLOOR CITY: BOSTON STATE: MA ZIP: 02110 FORMER COMPANY: FORMER CONFORMED NAME: SEAWARD MANAGEMENT CORP DATE OF NAME CHANGE: 19990329 13F-HR 1 f13fhr_123111.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, 2011 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: Seaward Management Limited Partnership Address: 265 Franklin Street 20th Floor Boston, MA 02110 13F File Number: 28-03669 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: Thomas F. Woodhouse Title: Partner and CCO Phone: 617-224-1900 Signature, Place, and Date of Signing: Thomas F. Woodhouse Boston, Massachusetts January 30, 2012 Report Type (Check only one.): [ X ] 13F Holdings Report [ ] 13F Notice [ ] 13F Combination Report List of Other Managers Reporting for this Manager: I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 8 Form 13F Information Table Entry Total: 261 Form 13F Information Table Value Total: $ 1,507,194 FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- 3M CO com 88579Y101 11677 142881.38SH SOLE 121155.38 21726.00 ABB LTD ADR com 000375204 14446 767209.00SH SOLE 670134.00 97075.00 ABBOTT LABS com 002824100 31479 559836.79SH SOLE 458096.79 101740.00 ACCENTURE PLC IRELAND com G1151C101 6197 116432.74SH SOLE 115582.74 850.00 ADOBE SYS INC COM com 00724f101 19374 685353.00SH SOLE 648038.00 37315.00 AETNA INC (NEW) com 00817y108 721 17105.00 SH SOLE 17105.00 AFFYMETRIX INC COM com 00826T108 122 30000.00 SH SOLE 30000.00 AGILENT TECHNOLOGIES COM com 00846u101 250 7173.00 SH SOLE 7173.00 AIR PRODUCTS & CHEMICAL com 009158106 2213 25985.00 SH SOLE 25385.00 600.00 AKAMAI TECHNOLOGIES COM com 00971T101 1093 33890.00 SH SOLE 33890.00 ALCOA INC com 013817101 133 15435.00 SH SOLE 15435.00 ALLSTATE CORP com 020002101 452 16498.00 SH SOLE 16498.00 ALTERA CORP COM com 021441100 389 10500.00 SH SOLE 10500.00 AMERICAN ELEC PWR INC com 025537101 204 4951.00 SH SOLE 4351.00 600.00 AMERICAN EXPRESS com 025816109 4923 104385.35SH SOLE 104385.35 AMETEK INC com 031100100 631 15000.00 SH SOLE 15000.00 AMGEN INC com 031162100 5749 89538.00 SH SOLE 81588.00 7950.00 ANADARKO PETE CORP COM com 032511107 1097 14376.00 SH SOLE 13926.00 450.00 ANIKA THERAPEUTICS INC com 035255108 343 35000.00 SH SOLE 35000.00 APACHE CORP com 037411105 14420 159200.32SH SOLE 143220.32 15980.00 APPLE INC COM com 037833100 51222 126475.00SH SOLE 122515.00 3960.00 ARRAY BIOPHARMA INC COM com 04269X105 129 60000.00 SH SOLE 60000.00 ASIA PAC FD INC COM com 044901106 1326 141130.00SH SOLE 141130.00 ASTRAZENECA PLC SPONSORED ADR com 046353108 229 4955.00 SH SOLE 305.00 4650.00 AT&T CORP COM NEW com 00206R102 3086 102052.00SH SOLE 93646.00 8406.00 AUTOMATIC DATA PROCESS com 053015103 15509 287156.00SH SOLE 221948.00 65208.00 BAIDU INC SPON ADR REP A com 056752108 273 2350.00 SH SOLE 2350.00 BAKER HUGHES INC com 057224107 560 11532.00 SH SOLE 10982.00 550.00 BANK MONTREAL QUE COM com 063671101 17828 325270.56SH SOLE 270825.56 54445.00 BANK OF AMERICA CORP com 060505104 99 17828.00 SH SOLE 17828.00 BARRICK GOLD CORP com 067901108 10171 224785.00SH SOLE 218010.00 6775.00 BAXTER INTL INC com 071813109 6554 132467.00SH SOLE 132067.00 400.00 BEAM INC COM com 073730103 283 5525.00 SH SOLE 5525.00 BECTON DICKINSON & CO com 075887109 13409 179458.13SH SOLE 175113.13 4345.00 BERKSHIRE HATHAWAY INC CL A com 084670108 2409 21.00 SH SOLE 20.00 1.00 BERKSHIRE HATHAWAY INC CL B NE com 084670702 4655 61021.00 SH SOLE 58021.00 3000.00 BHP BILLITON LTD SPONSORED ADR com 088606108 21206 300252.96SH SOLE 272317.96 27935.00 BLDRS INDEX FDS TR EMER MK 50 com 09348R300 342 9000.00 SH SOLE 9000.00 BLKROCK DEBT STRAT COM com 09255R103 44 11529.00 SH SOLE 11529.00 BOEING CO com 097023105 7277 99218.00 SH SOLE 69130.00 30088.00 BORGWARNER INC COM com 099724106 12663 198680.00SH SOLE 195865.00 2815.00 BP P L C com 055622104 557 13054.00 SH SOLE 8054.00 5000.00 BRISTOL MYERS SQUIBB com 110122108 3689 104706.00SH SOLE 99786.00 4920.00 BROADCOM CORP CL A com 111320107 2441 83150.00 SH SOLE 83150.00 BROOKLINE BANCORP INC COM com 11373M107 1668 197703.00SH SOLE 197703.00 CAMECO CORP COM com 13321L108 496 27500.00 SH SOLE 27500.00 CAMERON INTL CORP COM com 13342B105 5376 109295.00SH SOLE 109295.00 CANON INC ADR com 138006309 1150 26134.00 SH SOLE 24484.00 1650.00 CARDINAL HEALTH INC com 14149y108 1302 32079.00 SH SOLE 32079.00 CATERPILLAR INC DEL com 149123101 6562 72437.00 SH SOLE 70837.00 1600.00 CELGENE CORP COM com 151020104 335 4958.00 SH SOLE 4958.00 CENOVUS ENERGY INC COM com 15135U109 8782 264518.80SH SOLE 258118.80 6400.00 CERNER com 156782104 2257 36860.00 SH SOLE 36860.00 CHECK POINT SOFTWARE ORD com M22465104 21077 401164.00SH SOLE 370839.00 30325.00 CHESAPEAKE ENERGY CORP COM com 165167107 1336 59954.00 SH SOLE 59954.00 CHEVRON CORP NEW COM com 166764100 12540 117859.00SH SOLE 106615.00 11244.00 CHINA MOBILE LTD ADR com 16941M109 575 11875.00 SH SOLE 10125.00 1750.00 CHUBB CORP COM com 171232101 12253 177021.64SH SOLE 176621.64 400.00 CISCO SYSTEMS INC com 17275r102 3591 198651.00SH SOLE 128401.00 70250.00 CNOOC LTD-ADR com 126132109 1453 8321.00 SH SOLE 7921.00 400.00 COACH INC COM com 189754104 390 6400.00 SH SOLE 6400.00 COCA-COLA COMPANY com 191216100 22473 321191.59SH SOLE 287792.59 33399.00 COGNIZANT TECH SOLUTNS CL A com 192446102 225 3500.00 SH SOLE 3500.00 COLGATE PALMOLIVE CO com 194162103 18370 198837.00SH SOLE 161127.00 37710.00 COMCAST CORP CL A SPL com 20030n200 2056 87270.00 SH SOLE 87270.00 COMCAST CORPORATION com 20030n101 539 22768.00 SH SOLE 22768.00 CONOCOPHILLIPS COM com 20825C104 7991 109669.00SH SOLE 104844.00 4825.00 CORNING INC com 219350105 618 47676.00 SH SOLE 47336.00 340.00 COSTCO WHOLESALE CORPORATION com 22160k105 2197 26375.00 SH SOLE 26375.00 COVIDIEN PLC com g2554f113 821 18259.00 SH SOLE 17509.00 750.00 CSX CORP com 126408103 478 22725.00 SH SOLE 22725.00 CVS CAREMARK CORPORATION com 126650100 15358 376607.00SH SOLE 365957.00 10650.00 DANAHER CORP com 235851102 14906 316896.22SH SOLE 310756.22 6140.00 DARDEN RESTAURANT INC com 237194105 211 4643.00 SH SOLE 4643.00 DEERE & CO com 244199105 15242 197059.52SH SOLE 186459.52 10600.00 DENTSPLY INTL INC NEW COM com 249030107 1281 36616.00 SH SOLE 3200.00 33416.00 DIAGEO P L C SPON ADR NEW com 25243Q205 9999 114384.88SH SOLE 107774.88 6610.00 DISNEY WALT CO DEL com 254687106 4740 126411.00SH SOLE 125661.00 750.00 DOMINION RES INC\VA NEW com 25746u109 1146 21604.00 SH SOLE 13964.00 7640.00 DOVER CORP com 260003108 2035 35067.00 SH SOLE 27500.00 7567.00 DU PONT E I DE NEMOURS com 263534109 6631 144855.00SH SOLE 144655.00 200.00 EATON VANCE CORP COM NON VTG com 278265103 4005 169440.00SH SOLE 130164.00 39276.00 ECOLAB INC com 278865100 8674 150049.38SH SOLE 150049.38 EDWARDS LIFESCIENCES com 28176e108 6408 90648.00 SH SOLE 90648.00 EL PASO CORP com 28336L109 568 21400.00 SH SOLE 21400.00 EMC CORP-MASS com 268648102 27974 1298723.00SH SOLE 1201889.00 96834.00 EMERSON ELECTRIC com 291011104 10060 215927.53SH SOLE 203007.53 12920.00 ENCANA CORP COM com 292505104 8968 483978.21SH SOLE 456303.21 27675.00 EOG RESOURCES, INC. com 26875p101 284 2885.00 SH SOLE 2660.00 225.00 EXELON CORPORATION COM com 30161n101 691 15952.00 SH SOLE 7062.00 8890.00 EXXON MOBIL CORP com 30231g102 67650 798141.23SH SOLE 684075.23 114066.00 FAMILY DOLLAR STORES com 307000109 640 11100.00 SH SOLE 11100.00 FASTENAL CO COM com 311900104 675 15500.00 SH SOLE 1600.00 13900.00 FEDEX CORPORATION com 31428X106 656 7865.00 SH SOLE 7865.00 FISERV INC com 337738108 4915 83687.00 SH SOLE 83687.00 FLUOR CORP com 343412102 266 5300.00 SH SOLE 5300.00 FORD MOTOR COMPANY com 345370860 217 20200.00 SH SOLE 20200.00 FRANKLIN RES INC com 354613101 9709 101077.60SH SOLE 75012.60 26065.00 FX ENERGY INC COM com 302695101 96 20000.00 SH SOLE 20000.00 G & K SVCS INC CL A com 361268105 267 9206.00 SH SOLE 9206.00 GENERAL ELECTRIC com 369604103 43951 2454032.96SH SOLE 2105831.96 348201.00 GENERAL MILLS INC com 370334104 1294 32046.00 SH SOLE 30646.00 1400.00 GILEAD SCIENCES INC COM com 375558103 11223 274203.00SH SOLE 259420.00 14783.00 GLAXOSMITHKLINE PLC-ADS com 37733w105 799 17512.00 SH SOLE 17112.00 400.00 GOLDMAN SACHS GROUP COM com 38141G104 452 5000.44 SH SOLE 5000.44 GOOGLE INC CL A com 38259P508 25690 39774.00 SH SOLE 37466.00 2308.00 GRAINGER W W INC com 384802104 13720 73297.00 SH SOLE 73297.00 HCP INC COM com 40414L109 431 10422.00 SH SOLE 10422.00 HDFC BANK LTD ADR REPS 3 SHS com 40415F101 1287 49000.00 SH SOLE 49000.00 HEINZ H J com 423074103 416 7700.00 SH SOLE 3500.00 4200.00 HEWLETT PACKARD CO COM com 428236103 3884 150778.00SH SOLE 145978.00 4800.00 HEXCEL CORP NEW COM com 428291108 778 32140.00 SH SOLE 32140.00 HOLOGIC INC COM com 436440101 296 16926.00 SH SOLE 14426.00 2500.00 HOME DEPOT INC COM com 437076102 6959 165540.00SH SOLE 142728.00 22812.00 HONEYWELL INTERNATIONAL com 438516106 3602 66278.00 SH SOLE 64778.00 1500.00 HOSPIRA INC COM com 441060100 379 12497.00 SH SOLE 10697.00 1800.00 IDEXX LABS CORP com 45168d104 748 9730.00 SH SOLE 9730.00 ILLINOIS TOOL WKS INC com 452308109 12213 261475.00SH SOLE 237200.00 24275.00 INTEL CORP com 458140100 14414 594417.90SH SOLE 527024.90 67393.00 INTERNATIONAL PAPER CO com 460146103 409 13818.00 SH SOLE 13818.00 INTL BUSINESS MACHINES com 459200101 41767 227148.00SH SOLE 197237.00 29911.00 INTUITIVE SURGICAL INC COM com 46120e602 1886 4075.00 SH SOLE 4075.00 IRON MTN INC DE COM com 462846106 242 7875.00 SH SOLE 4875.00 3000.00 ISHARES GOLD TRUST SHARE com 464285105 362 23800.00 SH SOLE 23800.00 ISHARES INC MSCI BRAZIL com 464286400 3355 58470.91 SH SOLE 58470.91 ISHARES INC MSCI CDA INDEX com 464286509 3497 131491.00SH SOLE 130991.00 500.00 ISHARES TR DJ SEL DIV INX com 464287168 330 6143.00 SH SOLE 2190.00 3953.00 ISHARES TR DJ US TECH SEC com 464287721 204 3195.00 SH SOLE 3195.00 ISHARES TR FTSE XNHUA IDX com 464287184 3300 94648.31 SH SOLE 94648.31 ISHARES TR MSCI EAFE IDX com 464287465 852 17210.00 SH SOLE 17210.00 ISHARES TR MSCI EMERG MKT com 464287234 13432 354054.00SH SOLE 354054.00 ISHARES TR RUSSELL 3000 com 464287689 296 4000.00 SH SOLE 4000.00 ISHARES TR S&P 500 INDEX com 464287200 1130 8975.00 SH SOLE 8975.00 ISHARES TR S&P MIDCAP 400 com 464287507 275 3150.00 SH SOLE 3150.00 ISHARES TR S&P SMLCAP 600 com 464287804 687 10066.00 SH SOLE 9816.00 250.00 ITAU UNIBANCO HLDG SA SPON ADR com 465562106 863 46513.00 SH SOLE 46513.00 J P MORGAN CHASE & CO com 46625H100 19749 593966.98SH SOLE 541566.98 52400.00 JACOBS ENGINEERING com 469814107 2850 70239.00 SH SOLE 57389.00 12850.00 JOHNSON & JOHNSON COM com 478160104 31623 482207.28SH SOLE 405575.28 76632.00 KELLOGG CO com 487836108 202 4000.00 SH SOLE 4000.00 KIMBERLY CLARK CORP com 494368103 6330 86062.00 SH SOLE 84084.00 1978.00 KINDER MORGAN ENERGY UT LTD PA com 494550106 8307 97794.00 SH SOLE 96394.00 1400.00 KINDER MORGAN MGMT LLC SHS com 49455U100 896 11420.72 SH SOLE 11420.72 KNOLOGY INC COM com 499183804 213 15000.00 SH SOLE 15000.00 KRAFT FOODS INC CL A com 50075N104 3875 103735.00SH SOLE 80968.00 22767.00 L-3 COMMUNICATNS HLDGS COM com 502424104 480 7200.00 SH SOLE 1600.00 5600.00 LAZARD LTD SHS A com G54050102 2926 112095.00SH SOLE 112095.00 LIBERTY PPTY TR SH BEN INT com 531172104 1062 34415.00 SH SOLE 34415.00 LILLY ELI & CO COM com 532457108 404 9729.00 SH SOLE 8029.00 1700.00 LINEAR TECHNOLOGY CORP COM com 535678106 860 28659.00 SH SOLE 10309.00 18350.00 LOWES COS INC com 548661107 373 14735.00 SH SOLE 14395.00 340.00 MANPOWERGROUP com 56418h100 243 6800.00 SH SOLE 6800.00 MARSH & MCLENNAN COS com 571748102 538 17040.00 SH SOLE 17040.00 MCDONALDS CORP com 580135101 33937 338258.57SH SOLE 300823.57 37435.00 MEDCO HEALTH SOLUTIONS COM com 58405U102 1196 21402.00 SH SOLE 20222.00 1180.00 MEDTRONIC INC com 585055106 436 11412.00 SH SOLE 10262.00 1150.00 MERCK & CO INC com 58933Y105 4078 108193.00SH SOLE 80149.00 28044.00 METLIFE INC COM com 59156R108 5465 175280.00SH SOLE 158690.00 16590.00 MICROCHIP TECHNOLOGY COM com 595017104 326 8915.00 SH SOLE 8915.00 MICROSOFT CORP com 594918104 13503 520159.59SH SOLE 390055.59 130104.00 MOLEX INC CL A com 608554200 310 15681.00 SH SOLE 15681.00 MONSANTO CO NEW COM com 61166W101 17802 254074.00SH SOLE 233954.00 20120.00 MORGAN STANLEY ASIA-PAC FD INC com 61744U106 1436 109694.00SH SOLE 109694.00 NATIONAL FUEL GAS N J com 636180101 259 4660.00 SH SOLE 4560.00 100.00 NETAPP, INC. com 64110d104 2414 66575.00 SH SOLE 66575.00 NEWMONT MINING CORPORATION (NE com 651639106 389 6493.00 SH SOLE 1900.00 4593.00 NEXTERA ENERGY INC COM com 65339F101 2466 40518.00 SH SOLE 39635.00 883.00 NIKE INC CL B com 654106103 13203 137006.34SH SOLE 125127.34 11879.00 NOBLE ENERGY, INC. com 655044105 1098 11642.00 SH SOLE 11642.00 NOKIA CORP SPONSORED ADR com 654902204 88 18324.00 SH SOLE 18324.00 NORFOLK SOUTHERN CORP com 655844108 648 8905.00 SH SOLE 8905.00 NORTHERN TRUST CORP COM com 665859104 6590 166171.00SH SOLE 151796.00 14375.00 NOVARTIS A G SPONSORED ADR com 66987V109 758 13260.00 SH SOLE 11060.00 2200.00 NOVO-NORDISK A S com 670100205 2098 18205.00 SH SOLE 18205.00 NSTAR COM com 67019e107 345 7350.00 SH SOLE 7000.00 350.00 NU SKIN ENTERPRISES INC - A com 67018t105 794 16350.00 SH SOLE 16350.00 OCCIDENTAL PETE CORP com 674599105 316 3377.00 SH SOLE 3377.00 ORACLE CORP com 68389x105 29336 1143716.46SH SOLE 1120426.46 23290.00 PACCAR INC com 693718108 1742 46494.00 SH SOLE 46494.00 PALL CORP COM com 696429307 708 12405.00 SH SOLE 12405.00 PATTERSON COMPANIES COM com 703395103 348 11800.00 SH SOLE 11800.00 PAYCHEX INC com 704326107 1592 52901.00 SH SOLE 19976.00 32925.00 PEPSICO INC com 713448108 29003 437121.98SH SOLE 384738.98 52383.00 PETROLEO BRASILEIRO SA PETROBR com 71654V101 284 12100.00 SH SOLE 12100.00 PETROLEO BRASILEIRO SA SPONSOR com 71654V408 1436 57789.00 SH SOLE 57789.00 PETSMART INC com 716768106 9333 181975.00SH SOLE 164725.00 17250.00 PFIZER INC com 717081103 6445 297844.00SH SOLE 255026.00 42818.00 PHILIP MORRIS INTL INC COM com 718172109 912 11630.00 SH SOLE 8500.00 3130.00 PIEDMONT NAT GAS INC COM com 720186105 242 7140.00 SH SOLE 7140.00 PLUM CREEK TIMBER CO COM com 729251108 4095 112009.00SH SOLE 112009.00 PNC BK CORP COM com 693475105 5438 94308.00 SH SOLE 85956.00 8352.00 POTASH CORP SASK INC COM com 73755l107 5681 137624.00SH SOLE 137124.00 500.00 PPG INDS INC com 693506107 734 8792.00 SH SOLE 4792.00 4000.00 PRAXAIR INC com 74005p104 29020 271474.02SH SOLE 256069.02 15405.00 PRECISION CASTPARTS CP COM com 740189105 6556 39787.00 SH SOLE 39787.00 PROCTER & GAMBLE com 742718109 42346 634784.72SH SOLE 540351.72 94433.00 PROGRESS ENERGY INC COM com 743263105 224 4000.00 SH SOLE 4000.00 QUALCOMM INC COM com 747525103 14864 271753.20SH SOLE 252603.20 19150.00 QUEST DIAGNOSTICS INC com 74834l100 1608 27710.00 SH SOLE 27710.00 RACKSPACE HOSTING INC COM com 750086100 9708 225715.00SH SOLE 225715.00 RAYONIER INC com 754907103 207 4650.00 SH SOLE 4650.00 RAYTHEON com 755111507 7292 150728.00SH SOLE 134806.00 15922.00 RIO TINTO PLC SPONSORED ADR com 767204100 2048 41869.00 SH SOLE 41869.00 ROCKWELL COLLINS INC COM com 774341101 3417 61715.00 SH SOLE 60715.00 1000.00 ROPER INDS INC NEW COM com 776696106 6136 70645.00 SH SOLE 70645.00 ROYAL DUTCH SHELL PLC SPONS AD com 780259206 2331 31899.00 SH SOLE 25233.00 6666.00 SCHLUMBERGER com 806857108 30729 449849.75SH SOLE 403482.75 46367.00 SEALED AIR CORP COM com 81211k100 234 13600.00 SH SOLE 13600.00 SIGMA ALDRICH CORP com 826552101 1202 19250.00 SH SOLE 17250.00 2000.00 SOUTHERN CO com 842587107 863 18645.00 SH SOLE 18005.00 640.00 SPDR GOLD TRUST com 78463V107 5720 37638.00 SH SOLE 37438.00 200.00 SPDR S & P 500 ETF com 78462f103 5384 42904.00 SH SOLE 40656.00 2248.00 SPDR S&P MIDCAP 400 ETF com 78467Y107 5453 34193.00 SH SOLE 34038.00 155.00 SPDR SERIES TRUST S&P BIOTECH com 78464A870 294 4440.00 SH SOLE 4140.00 300.00 STAPLES INC com 855030102 3315 238684.00SH SOLE 210084.00 28600.00 STATE STREET CORP com 857477103 2956 73334.00 SH SOLE 63481.00 9853.00 STATOILHYDRO ASA com 85771P102 1211 47325.00 SH SOLE 47325.00 STERICYCLE INC COM com 858912108 468 6018.00 SH SOLE 6018.00 STRYKER CORP COM com 863667101 4335 87220.00 SH SOLE 12373.00 74847.00 SUNCOR ENERGY, INC NEW com 867224107 343 11922.00 SH SOLE 11922.00 SYSCO CORP com 871829107 2824 96299.00 SH SOLE 74624.00 21675.00 TARGET CORP com 87612E106 511 9981.00 SH SOLE 9981.00 TASEKO MINES LTD COM com 876511106 81 30000.00 SH SOLE 30000.00 TECK RESOURCES LTD CL B com 878742204 1198 34060.00 SH SOLE 34060.00 TECO ENERGY INC com 872375100 191 10002.00 SH SOLE 10002.00 TEVA PHARMACEUTICAL INDS LTD A com 881624209 15463 383150.42SH SOLE 347800.42 35350.00 TEXAS INSTRUMENTS, INC. com 882508104 371 12770.00 SH SOLE 12770.00 THE BANK OF NEW YORK MELLON CO com 064058100 294 14787.00 SH SOLE 14287.00 500.00 THE HERSHEY COMPANY com 427866108 471 7625.00 SH SOLE 7625.00 THERMO FISHER SCIENTIFIC INC com 883556102 17687 393319.00SH SOLE 377234.00 16085.00 TIFFANY & CO NEW COM com 886547108 4745 71615.00 SH SOLE 71615.00 TORONTO DOMINION BK COM NEW com 891160509 1927 25768.00 SH SOLE 25768.00 TORTOISE MLP FD INC COM com 89148B101 633 24600.00 SH SOLE 24600.00 TOTAL S.A. com 89151E109 5521 108022.00SH SOLE 105622.00 2400.00 TRANSCANADA PIPELINES COM com 89353d107 18306 419190.85SH SOLE 373240.85 45950.00 TRAVELERS COMPANIES, INC. COM com 89417E109 443 7500.00 SH SOLE 7500.00 TYCO INTERNATIONAL LTD com H89128104 335 7185.00 SH SOLE 7185.00 UNION PAC CORP com 907818108 2110 19922.00 SH SOLE 19747.00 175.00 UNITED TECHNOLOGIES com 913017109 31953 437174.30SH SOLE 389849.30 47325.00 URS CORP com 903236107 1980 56392.00 SH SOLE 56392.00 US BANCORP com 902973304 1333 49288.00 SH SOLE 49288.00 VALE S A ADR com 91912E105 1053 49116.00 SH SOLE 49116.00 VALE S A ADR REPSTG PFD com 91912E204 2410 117000.00SH SOLE 117000.00 VANGUARD GROWTH ETF com 922908736 275 4460.00 SH SOLE 4460.00 VANGUARD MSCI EMERGING MARKETS com 922042858 9627 251966.65SH SOLE 135641.65 116325.00 VARIAN MEDICAL SYSTEMS INC com 92220P105 2564 38199.00 SH SOLE 38199.00 VERIZON COMMUNICATIONS COM com 92343v104 5345 133232.00SH SOLE 127666.00 5566.00 VODAFONE GROUP PLC(NEW) com 92857w209 311 11099.00 SH SOLE 11099.00 WAL MART STORES com 931142103 8881 148617.00SH SOLE 145759.00 2858.00 WALGREEN CO com 931422109 1765 53402.00 SH SOLE 17659.00 35743.00 WASTE MGMT INC DEL COM com 94106L109 6559 200522.00SH SOLE 175522.00 25000.00 WATERS CORP COM com 941848103 5660 76447.00 SH SOLE 72047.00 4400.00 WEATHERFORD INTL LTD REG com H27013103 1013 69250.00 SH SOLE 69250.00 WELLS FARGO & CO CAP com 949746101 5058 183536.00SH SOLE 177536.00 6000.00 WESTERN UN CO COM com 959802109 809 44329.00 SH SOLE 44329.00 WHIRLPOOL CORP com 963320106 692 14595.00 SH SOLE 7685.00 6910.00 WHOLE FOODS MKT INC COM com 966837106 330 4756.00 SH SOLE 4756.00 WILLIAMS COMPANIES INC DEL COM com 969457100 204 6200.00 SH SOLE 6200.00 WISDOMTREE TRUST INDIA ERNGS F com 97717W422 353 22691.02 SH SOLE 22691.02 WRIGHT EXPRESS CORP COM com 98233Q105 217 4000.00 SH SOLE 4000.00 YUM BRANDS, INC. com 988498101 596 10100.00 SH SOLE 9580.00 520.00