0001008929-12-000004.txt : 20120423 0001008929-12-000004.hdr.sgml : 20120423 20120423165957 ACCESSION NUMBER: 0001008929-12-000004 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120331 FILED AS OF DATE: 20120423 DATE AS OF CHANGE: 20120423 EFFECTIVENESS DATE: 20120423 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: 12773796 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_033112.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: March 31, 2012 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 April 23, 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: 264 Form 13F Information Table Value Total: $ 1,681,163 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 12793 143404.38SH SOLE 121528.38 21876.00 ABB LTD ADR com 000375204 15822 775210.00SH SOLE 676935.00 98275.00 ABBOTT LABS com 002824100 35049 571869.30SH SOLE 468009.30 103860.00 ACCENTURE PLC IRELAND com G1151C101 7495 116202.74SH SOLE 115352.74 850.00 ADOBE SYS INC COM com 00724f101 23586 687454.00SH SOLE 648139.00 39315.00 AETNA INC (NEW) com 00817y108 801 15980.00 SH SOLE 15980.00 AFFYMETRIX INC COM com 00826T108 128 30000.00 SH SOLE 30000.00 AGILENT TECHNOLOGIES COM com 00846u101 319 7173.00 SH SOLE 7173.00 AIR PRODUCTS & CHEMICAL com 009158106 2382 25955.00 SH SOLE 25355.00 600.00 AKAMAI TECHNOLOGIES COM com 00971T101 1135 30940.00 SH SOLE 30940.00 ALCOA INC com 013817101 154 15380.00 SH SOLE 15380.00 ALLSTATE CORP com 020002101 415 12625.00 SH SOLE 12625.00 ALTERA CORP COM com 021441100 219 5500.00 SH SOLE 5500.00 AMERICAN EXPRESS com 025816109 10660 184245.52SH SOLE 184245.52 AMETEK INC com 031100100 727 15000.00 SH SOLE 15000.00 AMGEN INC com 031162100 6033 88772.00 SH SOLE 80822.00 7950.00 ANADARKO PETE CORP COM com 032511107 1157 14776.00 SH SOLE 14326.00 450.00 ANIKA THERAPEUTICS INC com 035255108 438 35000.00 SH SOLE 35000.00 APACHE CORP com 037411105 16835 167620.41SH SOLE 149480.41 18140.00 APPLE INC COM com 037833100 70579 117721.00SH SOLE 113301.00 4420.00 ARRAY BIOPHARMA INC COM com 04269X105 204 60000.00 SH SOLE 60000.00 ASIA PAC FD INC COM com 044901106 1493 141130.00SH SOLE 141130.00 ASTRAZENECA PLC SPONSORED ADR com 046353108 220 4955.00 SH SOLE 305.00 4650.00 AT&T CORP COM NEW com 00206R102 3156 101058.00SH SOLE 93002.00 8056.00 AUTOMATIC DATA PROCESS com 053015103 16035 290556.00SH SOLE 223498.00 67058.00 BAIDU INC SPON ADR REP A com 056752108 342 2350.00 SH SOLE 2350.00 BAKER HUGHES INC com 057224107 463 11050.00 SH SOLE 10500.00 550.00 BANK MONTREAL QUE COM com 063671101 19860 334233.77SH SOLE 276128.77 58105.00 BANK OF AMERICA CORP com 060505104 170 17828.00 SH SOLE 17828.00 BARRICK GOLD CORP com 067901108 9763 224545.00SH SOLE 217770.00 6775.00 BAXTER INTL INC com 071813109 7940 132836.00SH SOLE 132436.00 400.00 BEAM INC COM com 073730103 323 5525.00 SH SOLE 5525.00 BECTON DICKINSON & CO com 075887109 14228 183243.13SH SOLE 178073.13 5170.00 BED BATH & BEYOND com 075896100 226 3450.00 SH SOLE 3450.00 BERKSHIRE HATHAWAY INC CL A com 084670108 2316 19.00 SH SOLE 18.00 1.00 BERKSHIRE HATHAWAY INC CL B NE com 084670702 4704 57969.00 SH SOLE 54969.00 3000.00 BHP BILLITON LTD SPONSORED ADR com 088606108 22957 317087.96SH SOLE 284017.96 33070.00 BLDRS INDEX FDS TR EMER MK 50 com 09348R300 379 9000.00 SH SOLE 9000.00 BLKROCK DEBT STRAT COM com 09255R103 47 11529.00 SH SOLE 11529.00 BOEING CO com 097023105 7371 99118.00 SH SOLE 68130.00 30988.00 BORGWARNER INC COM com 099724106 17743 210375.00SH SOLE 204460.00 5915.00 BP P L C com 055622104 587 13054.00 SH SOLE 8054.00 5000.00 BRISTOL MYERS SQUIBB com 110122108 3532 104656.00SH SOLE 99736.00 4920.00 BROADCOM CORP CL A com 111320107 3452 87840.00 SH SOLE 87840.00 BROOKLINE BANCORP INC COM com 11373M107 2025 216205.00SH SOLE 216205.00 CAMECO CORP COM com 13321L108 590 27500.00 SH SOLE 27500.00 CAMERON INTL CORP COM com 13342B105 6916 130920.00SH SOLE 130920.00 CANON INC ADR com 138006309 1150 24134.00 SH SOLE 22484.00 1650.00 CARDINAL HEALTH INC com 14149y108 1335 30989.00 SH SOLE 30989.00 CATERPILLAR INC DEL com 149123101 6983 65562.00 SH SOLE 63962.00 1600.00 CELGENE CORP COM com 151020104 384 4958.00 SH SOLE 4958.00 CENOVUS ENERGY INC COM com 15135U109 9458 263186.80SH SOLE 256786.80 6400.00 CERNER com 156782104 2807 36860.00 SH SOLE 36860.00 CHECK POINT SOFTWARE ORD com M22465104 25772 403704.00SH SOLE 373379.00 30325.00 CHESAPEAKE ENERGY CORP COM com 165167107 1365 58954.00 SH SOLE 58954.00 CHEVRON CORP NEW COM com 166764100 12951 120809.00SH SOLE 109365.00 11444.00 CHINA MOBILE LTD ADR com 16941M109 699 12700.00 SH SOLE 10700.00 2000.00 CHUBB CORP COM com 171232101 12467 180405.39SH SOLE 179855.39 550.00 CISCO SYSTEMS INC com 17275r102 4139 195701.00SH SOLE 126751.00 68950.00 CNOOC LTD-ADR com 126132109 2035 9965.00 SH SOLE 9490.00 475.00 COACH INC COM com 189754104 455 5900.00 SH SOLE 5900.00 COCA-COLA COMPANY com 191216100 24147 326271.59SH SOLE 292422.59 33849.00 COGNIZANT TECH SOLUTNS CL A com 192446102 269 3500.00 SH SOLE 3500.00 COLGATE PALMOLIVE CO com 194162103 19456 198987.00SH SOLE 160827.00 38160.00 COMCAST CORP CL A SPL com 20030n200 2575 87270.00 SH SOLE 87270.00 COMCAST CORPORATION com 20030n101 668 22268.00 SH SOLE 22268.00 CONOCOPHILLIPS COM com 20825C104 8427 110879.00SH SOLE 105054.00 5825.00 CORNING INC com 219350105 669 47531.00 SH SOLE 47191.00 340.00 COSTCO WHOLESALE CORPORATION com 22160k105 2421 26671.00 SH SOLE 26671.00 COVIDIEN PLC com g2554f113 998 18259.00 SH SOLE 17509.00 750.00 CSX CORP com 126408103 463 21525.00 SH SOLE 21525.00 CVS CAREMARK CORPORATION com 126650100 16921 377716.00SH SOLE 366166.00 11550.00 DANAHER CORP com 235851102 18608 332296.34SH SOLE 323856.34 8440.00 DARDEN RESTAURANT INC com 237194105 237 4643.00 SH SOLE 4643.00 DEERE & CO com 244199105 17916 221469.99SH SOLE 206009.99 15460.00 DENTSPLY INTL INC NEW COM com 249030107 1193 29741.00 SH SOLE 3200.00 26541.00 DIAGEO P L C SPON ADR NEW com 25243Q205 11187 115934.88SH SOLE 108924.88 7010.00 DIRECTV GROUP INC COM com 25490A101 225 4573.00 SH SOLE 4573.00 DISNEY WALT CO DEL com 254687106 6631 151463.00SH SOLE 150713.00 750.00 DOMINION RES INC\VA NEW com 25746u109 1098 21454.00 SH SOLE 13814.00 7640.00 DOVER CORP com 260003108 2163 34367.00 SH SOLE 26800.00 7567.00 DU PONT E I DE NEMOURS com 263534109 8706 164585.00SH SOLE 164385.00 200.00 EATON VANCE CORP COM NON VTG com 278265103 4462 156130.00SH SOLE 131974.00 24156.00 ECOLAB INC com 278865100 9308 150821.51SH SOLE 150821.51 EDWARDS LIFESCIENCES com 28176e108 6531 89798.00 SH SOLE 89798.00 EL PASO CORP com 28336L109 206 7000.00 SH SOLE 7000.00 EMC CORP-MASS com 268648102 38819 1299165.00SH SOLE 1201031.00 98134.00 EMERSON ELECTRIC com 291011104 11570 221741.53SH SOLE 208221.53 13520.00 ENCANA CORP COM com 292505104 491 24997.00 SH SOLE 11997.00 13000.00 EXELON CORPORATION COM com 30161n101 668 17037.00 SH SOLE 8247.00 8790.00 EXXON MOBIL CORP com 30231g102 71130 820137.23SH SOLE 707565.23 112572.00 FAMILY DOLLAR STORES com 307000109 702 11100.00 SH SOLE 11100.00 FASTENAL CO COM com 311900104 765 14150.00 SH SOLE 1600.00 12550.00 FEDEX CORPORATION com 31428X106 723 7865.00 SH SOLE 7865.00 FISERV INC com 337738108 5793 83487.00 SH SOLE 83487.00 FLUOR CORP com 343412102 306 5100.00 SH SOLE 5100.00 FORD MOTOR COMPANY com 345370860 276 22200.00 SH SOLE 22200.00 FRANKLIN RES INC com 354613101 12634 101867.60SH SOLE 74562.60 27305.00 FX ENERGY INC COM com 302695101 108 20000.00 SH SOLE 20000.00 G & K SVCS INC CL A com 361268105 314 9206.00 SH SOLE 9206.00 GENERAL ELECTRIC com 369604103 47721 2377755.06SH SOLE 2032054.06 345701.00 GENERAL MILLS INC com 370334104 1233 31271.00 SH SOLE 29871.00 1400.00 GILEAD SCIENCES INC COM com 375558103 12995 265967.00SH SOLE 250945.00 15022.00 GLAXOSMITHKLINE PLC-ADS com 37733w105 851 18962.00 SH SOLE 17062.00 1900.00 GLOBAL X FDS CHINA CONS ETF com 37950E408 184 12350.00 SH SOLE 12350.00 GOLDMAN SACHS GROUP COM com 38141G104 4770 38355.44 SH SOLE 38355.44 GOOGLE INC CL A com 38259P508 26261 40955.00 SH SOLE 38472.00 2483.00 GRAINGER W W INC com 384802104 13428 62515.00 SH SOLE 62515.00 HCP INC COM com 40414L109 394 10000.00 SH SOLE 10000.00 HDFC BANK LTD ADR REPS 3 SHS com 40415F101 1670 49000.00 SH SOLE 49000.00 HEINZ H J com 423074103 412 7700.00 SH SOLE 3500.00 4200.00 HEWLETT PACKARD CO COM com 428236103 3413 143232.00SH SOLE 141232.00 2000.00 HEXCEL CORP NEW COM com 428291108 807 33640.00 SH SOLE 33640.00 HOLOGIC INC COM com 436440101 364 16926.00 SH SOLE 14426.00 2500.00 HOME DEPOT INC COM com 437076102 8188 162760.00SH SOLE 140948.00 21812.00 HONEYWELL INTERNATIONAL com 438516106 3992 65403.00 SH SOLE 63903.00 1500.00 HOSPIRA INC COM com 441060100 399 10697.00 SH SOLE 10697.00 IDEXX LABS CORP com 45168d104 850 9730.00 SH SOLE 9730.00 ILLINOIS TOOL WKS INC com 452308109 14758 258370.00SH SOLE 233720.00 24650.00 INTEL CORP com 458140100 16815 598082.90SH SOLE 528014.90 70068.00 INTERNATIONAL PAPER CO com 460146103 512 14610.00 SH SOLE 14610.00 INTL BUSINESS MACHINES com 459200101 47372 227041.00SH SOLE 196520.00 30521.00 INTUITIVE SURGICAL INC COM com 46120e602 2207 4075.00 SH SOLE 4075.00 IRON MTN INC DE COM com 462846106 226 7875.00 SH SOLE 4875.00 3000.00 ISHARES GOLD TRUST SHARE com 464285105 401 24700.00 SH SOLE 24700.00 ISHARES INC MSCI BRAZIL com 464286400 3668 56730.91 SH SOLE 56730.91 ISHARES INC MSCI CDA INDEX com 464286509 3167 111760.00SH SOLE 111260.00 500.00 ISHARES TR DJ SEL DIV INX com 464287168 366 6543.00 SH SOLE 2590.00 3953.00 ISHARES TR DJ US TECH SEC com 464287721 253 3257.00 SH SOLE 3257.00 ISHARES TR FTSE XNHUA IDX com 464287184 3545 96703.31 SH SOLE 96703.31 ISHARES TR MSCI EAFE IDX com 464287465 977 17810.00 SH SOLE 17810.00 ISHARES TR MSCI EMERG MKT com 464287234 15439 359513.00SH SOLE 359513.00 ISHARES TR RUSSELL 3000 com 464287689 208 2500.00 SH SOLE 2500.00 ISHARES TR S&P 500 INDEX com 464287200 1309 9270.00 SH SOLE 9270.00 ISHARES TR S&P MIDCAP 400 com 464287507 318 3210.00 SH SOLE 3210.00 ISHARES TR S&P SMLCAP 600 com 464287804 882 11563.00 SH SOLE 11313.00 250.00 ITAU UNIBANCO HLDG SA SPON ADR com 465562106 892 46513.00 SH SOLE 46513.00 J P MORGAN CHASE & CO com 46625H100 28543 620788.46SH SOLE 561938.46 58850.00 JACOBS ENGINEERING com 469814107 2784 62764.00 SH SOLE 56714.00 6050.00 JOHNSON & JOHNSON COM com 478160104 31986 484941.66SH SOLE 407409.66 77532.00 KELLOGG CO com 487836108 214 4000.00 SH SOLE 4000.00 KIMBERLY CLARK CORP com 494368103 6430 87032.00 SH SOLE 84304.00 2728.00 KINDER MORGAN ENERGY UT LTD PA com 494550106 8295 100244.00SH SOLE 98844.00 1400.00 KINDER MORGAN MGMT LLC SHS com 49455U100 587 7873.28 SH SOLE 7873.28 KNOLOGY INC COM com 499183804 273 15000.00 SH SOLE 15000.00 KRAFT FOODS INC CL A com 50075N104 3847 101217.00SH SOLE 78650.00 22567.00 L-3 COMMUNICATNS HLDGS COM com 502424104 509 7200.00 SH SOLE 1600.00 5600.00 LIBERTY PPTY TR SH BEN INT com 531172104 1211 33915.00 SH SOLE 33915.00 LILLY ELI & CO COM com 532457108 385 9579.00 SH SOLE 7879.00 1700.00 LINEAR TECHNOLOGY CORP COM com 535678106 829 24609.00 SH SOLE 10309.00 14300.00 LOWES COS INC com 548661107 456 14540.00 SH SOLE 14200.00 340.00 MANPOWERGROUP com 56418h100 322 6800.00 SH SOLE 6800.00 MARSH & MCLENNAN COS com 571748102 558 17040.00 SH SOLE 17040.00 MCDONALDS CORP com 580135101 33099 337409.57SH SOLE 299379.57 38030.00 MEDCO HEALTH SOLUTIONS COM com 58405U102 1423 20256.00 SH SOLE 19076.00 1180.00 MEDTRONIC INC com 585055106 435 11112.00 SH SOLE 9962.00 1150.00 MERCK & CO INC com 58933Y105 4146 107983.00SH SOLE 79939.00 28044.00 METLIFE INC COM com 59156R108 6676 178762.00SH SOLE 155047.00 23715.00 MICROCHIP TECHNOLOGY COM com 595017104 279 7515.00 SH SOLE 7515.00 MICROSOFT CORP com 594918104 16927 524804.59SH SOLE 392950.59 131854.00 MOLEX INC CL A com 608554200 367 15681.00 SH SOLE 15681.00 MONSANTO CO NEW COM com 61166W101 20230 253643.50SH SOLE 233648.50 19995.00 MORGAN STANLEY ASIA-PAC FD INC com 61744U106 1603 107875.00SH SOLE 107875.00 NATIONAL FUEL GAS N J com 636180101 224 4660.00 SH SOLE 4560.00 100.00 NETAPP, INC. com 64110d104 3049 68105.00 SH SOLE 68105.00 NEWMONT MINING CORPORATION (NE com 651639106 363 7093.00 SH SOLE 2500.00 4593.00 NEXTERA ENERGY INC COM com 65339F101 2532 41463.00 SH SOLE 39580.00 1883.00 NIKE INC CL B com 654106103 14972 138070.71SH SOLE 125691.71 12379.00 NOBLE ENERGY, INC. com 655044105 1138 11642.00 SH SOLE 11642.00 NOKIA CORP SPONSORED ADR com 654902204 100 18324.00 SH SOLE 18324.00 NORFOLK SOUTHERN CORP com 655844108 586 8905.00 SH SOLE 8905.00 NORTHERN TRUST CORP COM com 665859104 6478 136531.00SH SOLE 123106.00 13425.00 NOVARTIS A G SPONSORED ADR com 66987V109 745 13460.00 SH SOLE 11260.00 2200.00 NOVO-NORDISK A S com 670100205 2525 18205.00 SH SOLE 18205.00 NSTAR COM com 67019e107 357 7350.00 SH SOLE 7000.00 350.00 NU SKIN ENTERPRISES INC - A com 67018t105 1145 19775.00 SH SOLE 19775.00 OCCIDENTAL PETE CORP com 674599105 321 3377.00 SH SOLE 3377.00 OMNICOM GROUP com 681919106 222 4400.00 SH SOLE 1600.00 2800.00 ORACLE CORP com 68389x105 33444 1146931.28SH SOLE 1120841.28 26090.00 PACCAR INC com 693718108 2177 46494.00 SH SOLE 46494.00 PALL CORP COM com 696429307 739 12405.00 SH SOLE 12405.00 PATTERSON COMPANIES COM com 703395103 377 11300.00 SH SOLE 11300.00 PAYCHEX INC com 704326107 1544 49851.00 SH SOLE 19976.00 29875.00 PEPSICO INC com 713448108 26727 402832.92SH SOLE 348299.92 54533.00 PETROLEO BRASILEIRO SA PETROBR com 71654V101 309 12100.00 SH SOLE 12100.00 PETROLEO BRASILEIRO SA SPONSOR com 71654V408 1534 57789.00 SH SOLE 57789.00 PETSMART INC com 716768106 10139 177200.00SH SOLE 161275.00 15925.00 PFIZER INC com 717081103 6910 305183.00SH SOLE 262365.00 42818.00 PHILIP MORRIS INTL INC COM com 718172109 1024 11559.00 SH SOLE 8429.00 3130.00 PIEDMONT NAT GAS INC COM com 720186105 221 7140.00 SH SOLE 7140.00 PLUM CREEK TIMBER CO COM com 729251108 3435 82659.00 SH SOLE 82659.00 PNC BK CORP COM com 693475105 6063 94028.00 SH SOLE 85956.00 8072.00 POTASH CORP SASK INC COM com 73755l107 6055 132534.00SH SOLE 132034.00 500.00 PPG INDS INC com 693506107 842 8792.00 SH SOLE 4792.00 4000.00 PRAXAIR INC com 74005p104 31316 273175.02SH SOLE 257320.02 15855.00 PRECISION CASTPARTS CP COM com 740189105 6858 39667.00 SH SOLE 39667.00 PROCTER & GAMBLE com 742718109 42364 630324.81SH SOLE 537391.81 92933.00 PROGRESS ENERGY INC COM com 743263105 212 4000.00 SH SOLE 4000.00 QUALCOMM INC COM com 747525103 19000 279177.20SH SOLE 258227.20 20950.00 QUEST DIAGNOSTICS INC com 74834l100 1688 27610.00 SH SOLE 27610.00 RACKSPACE HOSTING INC COM com 750086100 11636 201365.00SH SOLE 201365.00 RAYONIER INC com 754907103 205 4650.00 SH SOLE 4650.00 RAYTHEON com 755111507 7995 151483.00SH SOLE 135461.00 16022.00 RIO TINTO PLC SPONSORED ADR com 767204100 2299 41364.00 SH SOLE 41364.00 ROCKWELL COLLINS INC COM com 774341101 3458 60090.00 SH SOLE 59090.00 1000.00 ROPER INDS INC NEW COM com 776696106 6986 70457.00 SH SOLE 70457.00 ROYAL DUTCH SHELL PLC SPONS AD com 780259206 2300 32799.00 SH SOLE 25233.00 7566.00 SCHLUMBERGER com 806857108 32047 458284.30SH SOLE 409992.30 48292.00 SEALED AIR CORP COM com 81211k100 262 13600.00 SH SOLE 13600.00 SIGMA ALDRICH CORP com 826552101 1362 18650.00 SH SOLE 16650.00 2000.00 SOUTHERN CO com 842587107 906 20175.00 SH SOLE 18035.00 2140.00 SPDR DOW JONES INDUSTRIAL AVER com 78467X109 283 2150.00 SH SOLE 2150.00 SPDR GOLD TRUST com 78463V107 6336 39088.00 SH SOLE 38888.00 200.00 SPDR S & P 500 ETF com 78462f103 5653 40149.00 SH SOLE 37901.00 2248.00 SPDR S&P MIDCAP 400 ETF com 78467Y107 6164 34115.00 SH SOLE 33960.00 155.00 SPDR SERIES TRUST S&P BIOTECH com 78464A870 339 4220.00 SH SOLE 3920.00 300.00 STAPLES INC com 855030102 3634 224509.00SH SOLE 204609.00 19900.00 STATE STREET CORP com 857477103 3230 70994.00 SH SOLE 61641.00 9353.00 STATOILHYDRO ASA com 85771P102 1301 48025.00 SH SOLE 48025.00 STERICYCLE INC COM com 858912108 428 5118.00 SH SOLE 5118.00 STRYKER CORP COM com 863667101 4819 86870.00 SH SOLE 12373.00 74497.00 SUNCOR ENERGY, INC NEW com 867224107 389 11922.00 SH SOLE 11922.00 SYSCO CORP com 871829107 2869 96099.00 SH SOLE 74424.00 21675.00 TARGET CORP com 87612E106 613 10521.00 SH SOLE 10521.00 TASEKO MINES LTD COM com 876511106 105 30000.00 SH SOLE 30000.00 TECK RESOURCES LTD CL B com 878742204 1214 34060.00 SH SOLE 34060.00 TEVA PHARMACEUTICAL INDS LTD A com 881624209 17455 387390.42SH SOLE 351620.42 35770.00 TEXAS INSTRUMENTS, INC. com 882508104 422 12570.00 SH SOLE 12570.00 THE BANK OF NEW YORK MELLON CO com 064058100 356 14787.00 SH SOLE 14287.00 500.00 THE HERSHEY COMPANY com 427866108 467 7625.00 SH SOLE 7625.00 THERMO FISHER SCIENTIFIC INC com 883556102 22763 403744.00SH SOLE 384884.00 18860.00 TIFFANY & CO NEW COM com 886547108 5029 72750.00 SH SOLE 72750.00 TJX COS INC NEW com 872540109 232 5848.00 SH SOLE 5848.00 TORONTO DOMINION BK COM NEW com 891160509 2352 27698.00 SH SOLE 27698.00 TORTOISE MLP FD INC COM com 89148B101 630 24600.00 SH SOLE 24600.00 TOTAL S.A. com 89151E109 5682 111157.00SH SOLE 107757.00 3400.00 TRANSCANADA PIPELINES COM com 89353d107 21442 498658.43SH SOLE 444108.43 54550.00 TRAVELERS COMPANIES, INC. COM com 89417E109 444 7500.00 SH SOLE 7500.00 TYCO INTERNATIONAL LTD com H89128104 403 7185.00 SH SOLE 7185.00 UNION PAC CORP com 907818108 2141 19922.00 SH SOLE 19747.00 175.00 UNITED TECHNOLOGIES com 913017109 36453 439518.30SH SOLE 391043.30 48475.00 URS CORP com 903236107 2227 52392.00 SH SOLE 52392.00 US BANCORP com 902973304 1558 49188.00 SH SOLE 49188.00 VALE S A ADR com 91912E105 1228 52656.00 SH SOLE 52656.00 VALE S A ADR REPSTG PFD com 91912E204 2071 91300.00 SH SOLE 91300.00 VANGUARD GROWTH ETF com 922908736 316 4460.00 SH SOLE 4460.00 VANGUARD MSCI EAFE ETF com 921943858 214 6300.00 SH SOLE 6300.00 VANGUARD MSCI EMERGING MARKETS com 922042858 11128 256011.65SH SOLE 137836.65 118175.00 VARIAN MEDICAL SYSTEMS INC com 92220P105 2520 36546.00 SH SOLE 36546.00 VERIZON COMMUNICATIONS COM com 92343v104 5272 137922.00SH SOLE 130656.00 7266.00 VISA INC COM CL A com 92826C839 204 1737.00 SH SOLE 1737.00 VODAFONE GROUP PLC(NEW) com 92857w209 287 10374.00 SH SOLE 10374.00 WAL MART STORES com 931142103 8983 146789.00SH SOLE 143931.00 2858.00 WALGREEN CO com 931422109 1789 53442.00 SH SOLE 17499.00 35943.00 WASTE MGMT INC DEL COM com 94106L109 6862 196282.00SH SOLE 172932.00 23350.00 WATERS CORP COM com 941848103 7034 75922.00 SH SOLE 71522.00 4400.00 WELLS FARGO & CO CAP com 949746101 6238 182741.00SH SOLE 176741.00 6000.00 WESTERN UN CO COM com 959802109 550 31274.00 SH SOLE 31274.00 WHIRLPOOL CORP com 963320106 436 5680.00 SH SOLE 50.00 5630.00 WHOLE FOODS MKT INC COM com 966837106 423 5094.00 SH SOLE 5094.00 WILLIAMS COMPANIES INC DEL COM com 969457100 221 7200.00 SH SOLE 7200.00 WISDOMTREE TRUST INDIA ERNGS F com 97717W422 439 22791.02 SH SOLE 22791.02 WRIGHT EXPRESS CORP COM com 98233Q105 258 4000.00 SH SOLE 4000.00 YUM BRANDS, INC. com 988498101 718 10100.00 SH SOLE 9580.00 520.00