0001034642-12-000003.txt : 20120808
0001034642-12-000003.hdr.sgml : 20120808
20120808133117
ACCESSION NUMBER: 0001034642-12-000003
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120630
FILED AS OF DATE: 20120808
DATE AS OF CHANGE: 20120808
EFFECTIVENESS DATE: 20120808
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: CLIFFORD SWAN INVESTMENT COUNSEL LLC
CENTRAL INDEX KEY: 0001034642
IRS NUMBER: 954749812
STATE OF INCORPORATION: CA
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-06208
FILM NUMBER: 121016221
BUSINESS ADDRESS:
STREET 1: 200 SOUTH LOS ROBLES AVE
STREET 2: SUITE 320
CITY: PASADENA
STATE: CA
ZIP: 91101
BUSINESS PHONE: 6267922228
MAIL ADDRESS:
STREET 1: 200 SOUTH LOS ROBLES AVENUE
STREET 2: SUITE 320
CITY: PASADENA
STATE: CA
ZIP: 91101
FORMER COMPANY:
FORMER CONFORMED NAME: CLIFFORD ASSOCIATES LLC
DATE OF NAME CHANGE: 19991223
FORMER COMPANY:
FORMER CONFORMED NAME: CLIFFORD ASSOCIATES INC/CA
DATE OF NAME CHANGE: 19990326
13F-HR
1
form13f063012.txt
FORM 13F FOR THE QUARTER ENDED 06/30/12
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 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: Clifford Swan Investment Counsel, LLC
Address: 200 South Los Robles Avenue
Suite 320
Pasadena, California 91101
13F File Number: 28-6208-3
The institutional investment manager filling 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: Peter J. Boyle
Title: Principal
Phone: 626-792-2228
Signature, Place, and Date of Signing:
PETER J. BOYLE Pasadena, California August 8, 2012
Report Type (check only one.):
[ X ] 13 F HOLDINGS REPORT.
[ ] 13 F NOTICE.
[ ] 13 F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
FORM 13 F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13 F Information Table Entry Total: 223
Form 13 F Information Table Value Total: $1,028,670
List of Other Included Managers:
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
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
Legg Mason Wstrn Asset Inter. COM 52469F259 107 11809 SH Sole 11809
PIMCO California Muni Income F COM 72200N205 178 11463 SH Sole 6303 5160
Nuveen Quality Pfd Income Fd COM 67071s101 87 10400 SH Sole 10400
SPDR Nuveen Barclays Capital COM 78464a425 551 22540 SH Sole 22540
Vanguard Intermediate-Term Bon COM 921937819 909 10230 SH Sole 450 9780
Vanguard Intermediate-Term Cor COM 92206C870 285 3350 SH Sole 3350
Vanguard S/T Corp Bond ETF COM 92206C409 1322 16705 SH Sole 16705
Vanguard Short-Term Bond ETF COM 921937827 1101 13569 SH Sole 5700 7869
Vanguard Total Bond Market ETF COM 921937835 814 9650 SH Sole 500 9150
Western Asset High Income Oppo COM 95766k109 158 24395 SH Sole 24395
Western Asset Income Fund COM 95766T100 1202 85350 SH Sole 24250 61100
Western Asset Premier Bond Fun COM 957664105 355 22925 SH Sole 5650 17275
iShares Barclays 1-3 Year Cred COM 464288646 437 4170 SH Sole 680 3490
iShares S&P California AMT Fre COM 464288356 379 3345 SH Sole 3345
iShares S&P Natl AMT-Free Bond COM 464288414 366 3325 SH Sole 3325
iShares iBoxx $ Inv Grade Corp COM 464287242 395 3360 SH Sole 610 2750
Templeton Global Income Fund COM 880198106 3566 385500 SH Sole 296220 89280
T. Rowe Price Global Technolog COM 741494108 115 11412 SH Sole 11412
EGShares Emerging Mrkts Metals 268461852 222 16300 SH Sole 14800 1500
Harbor International Fund Inst 411511306 166 2972 SH Sole 2228 744
SPDR Dow Jones Industrial Avg 78467X109 225 1750 SH Sole 1000 750
SPDR S&P 500 ETF TRUST 78462F103 568 4175 SH Sole 3475 700
SPDR S&P Dividend ETF 78464A763 273 4900 SH Sole 3300 1600
SPDR S&P MidCap 400 78467Y107 356 2079 SH Sole 1684 395
Vanguard FTSE All World ex US 922042775 319 7775 SH Sole 6000 1775
Vanguard Information Technolog 92204A702 206 3000 SH Sole 3000
Vanguard Wellington Fund Inves 921935102 282 8558 SH Sole 4466 4092
iShares MSCI Eafe Index Fund 464287465 323 6463 SH Sole 1200 5263
100000th Marriott Intl A Class COM 0 65552 SH Sole 65552
3M Company COM 88579Y101 11459 127888 SH Sole 89835 38053
AT&T Inc. COM 00206R102 7539 211403 SH Sole 159180 52223
Abbott Laboratories COM 002824100 21940 340318 SH Sole 279332 60986
Accenture PLC Cl A COM G1151C101 22140 368453 SH Sole 310745 57708
Adobe Systems COM 00724F101 210 6475 SH Sole 1700 4775
Agilent Technologies COM 00846U101 9980 254329 SH Sole 241637 12692
Albemarle Corp. COM 012653101 2386 40000 SH Sole 40000
Altria Group, Inc. COM 02209S103 6408 185456 SH Sole 140601 44855
Amazon.Com Inc. COM 023135106 338 1481 SH Sole 1481
America Movil S.A. de C.V. Ser COM 02364W105 544 20860 SH Sole 18600 2260
American Express Co. COM 025816109 4364 74971 SH Sole 61061 13910
Amgen, Inc. COM 031162100 4214 57794 SH Sole 46717 11077
Anadarko Petroleum COM 032511107 453 6845 SH Sole 6745 100
Apache Corp COM 037411105 3677 41837 SH Sole 36705 5132
Apple Inc. COM 037833100 17194 29441 SH Sole 25633 3808
Applied Materials Inc. COM 038222105 114 10000 SH Sole 9000 1000
Astrazeneca Plc - Spons ADR COM 046353108 269 6000 SH Sole 6000
Automatic Data Proc. COM 053015103 5988 107575 SH Sole 76955 30620
BMC Software Inc. COM 055921100 273 6400 SH Sole 6400
BP PLC - Spons ADR COM 055622104 8576 211550 SH Sole 151541 60009
BRE Properties Cl A COM 05564E106 4433 88627 SH Sole 50375 38252
Bank of America Corp. COM 060505104 1066 130319 SH Sole 109511 20808
Bank of New York Mellon Corp. COM 064058100 11717 533811 SH Sole 479644 54167
Bard (C.R.) COM 067383109 6514 60628 SH Sole 55140 5488
Baxter Intl Inc. COM 071813109 1044 19635 SH Sole 17345 2290
Becton Dickinson & Co. COM 075887109 1316 17608 SH Sole 1008 16600
Berkshire Hathaway (100=1 Clas COM 084990175 1249 1000 SH Sole 1000
Berkshire Hathaway A COM 084670108 2499 20 SH Sole 20
Berkshire Hathaway B COM 084670702 20538 246464 SH Sole 207680 38784
Boeing Co. COM 097023105 3159 42522 SH Sole 34362 8160
Boswell J G Co COM 101205102 415 565 SH Sole 565
Bristol-Myers Squibb Co. COM 110122108 5699 158530 SH Sole 105044 53486
Campbell Soup Co. COM 134429109 387 11599 SH Sole 9066 2533
Canon Inc. ADR COM 138006309 244 6111 SH Sole 3837 2274
Casey's General Stores COM 147528103 1001 16975 SH Sole 15125 1850
Caterpillar Inc. COM 149123101 4573 53856 SH Sole 46281 7575
Cathay Intl Hld COM G1965E103 8 19000 SH Sole 19000
Cedar Fair L.P. COM 150185106 313 10460 SH Sole 10285 175
Chevron Corp. COM 166764100 27790 263412 SH Sole 192821 70591
Chubb Corp. COM 171232101 623 8560 SH Sole 8560
Cisco Systems, Inc. COM 17275R102 11041 643064 SH Sole 549958 93106
Clorox Company COM 189054109 1816 25059 SH Sole 17141 7918
Coca-Cola Company COM 191216100 3206 40998 SH Sole 40398 600
Colgate-Palmolive Co. COM 194162103 19705 189285 SH Sole 167050 22235
Comcast Corp. Class A COM 20030N101 352 11006 SH Sole 9859 1147
ConocoPhillips COM 20825C104 13933 249334 SH Sole 215443 33891
Consolidated Edison Ny COM 209115104 462 7433 SH Sole 1183 6250
Costco Wholesale Corp. COM 22160K105 27197 286287 SH Sole 241041 45246
Cotton & Western Mining Inc. COM 221737307 2 1000000 SH Sole 1000000
Cummins Inc COM 231021106 2422 24988 SH Sole 10416 14572
Disney Co., Walt COM 254687106 3926 80947 SH Sole 67426 13521
Dominion Resources Inc. COM 25746U109 318 5896 SH Sole 5896
Dow Chemical Company COM 260543103 315 10011 SH Sole 8740 1271
Du Pont E I De Nemours COM 263534109 685 13547 SH Sole 11088 2459
Duke Energy Corp. New COM 26441C204 347 15044 SH Sole 5708 9336
EMC Corporation COM 268648102 4015 156639 SH Sole 141854 14785
Ecolab, Inc. COM 278865100 1924 28068 SH Sole 25218 2850
Edison International COM 281020107 788 17051 SH Sole 17051
Emerson Electric Co. COM 291011104 12575 269959 SH Sole 178887 91072
Enbridge Energy Management COM 29250X103 456 14263 SH Sole 12403 1860
Enbridge Energy Partners LP COM 29250R106 1813 58920 SH Sole 48370 10550
Energizer Holdings, Inc. COM 29266R108 489 6500 SH Sole 6500
Enterprise Products Partners L COM 293792107 232 4530 SH Sole 4530
Equity Residential COM 29476L107 653 10475 SH Sole 8175 2300
Exelon Corp COM 30161N101 294 7806 SH Sole 4211 3595
Express Scripts Holding Compan COM 30219G108 556 9954 SH Sole 7546 2408
ExxonMobil Corporation COM 30231G102 49714 580972 SH Sole 449926 131046
Farmers and Merchants Bank COM 308243104 277 63 SH Sole 63
FirstEnergy Corp. COM 337932107 473 9618 SH Sole 7951 1667
Frontier Communications Corp. COM 35906A108 85 22227 SH Sole 14067 8160
General Electric Co. COM 369604103 32579 1563301 SH Sole 1273054 290247
General Mills Inc. COM 370334104 731 18970 SH Sole 18570 400
Genworth Financial Inc-Cl A COM 37247D106 302 53278 SH Sole 50088 3190
GlaxoSmithKline PLC-ADR COM 37733W105 571 12528 SH Sole 6858 5670
Goldman Sachs Group Inc. COM 38141G104 2422 25268 SH Sole 22703 2565
Google Inc-CL A COM 38259P508 676 1165 SH Sole 1080 85
Grainger Inc., W.W. COM 384802104 401 2098 SH Sole 1478 620
Heinz, H J Company COM 423074103 3106 57122 SH Sole 22745 34377
Hewlett-Packard Co. COM 428236103 23094 1148378 SH Sole 1075943 72435
Hines Real Estate Investment T COM 433264108 104 13410 SH Sole 13410
Home Depot, Inc. COM 437076102 5621 106075 SH Sole 80899 25176
Honeywell Int'l Inc. COM 438516106 5473 98012 SH Sole 97712 300
IShares DJ US Housing COM 464288752 897 53385 SH Sole 53385
Illinois Tool Works Inc. COM 452308109 4646 87844 SH Sole 71532 16312
Ingersoll-Rand PLC COM G47791101 5934 140679 SH Sole 121274 19405
Inland American REIT COM 457281103 575 79678 SH Sole 79678
Intel Corp. COM 458140100 16764 629029 SH Sole 504314 124715
International Bus Mach COM 459200101 36166 184917 SH Sole 145626 39291
Intuit Inc. COM 461202103 2247 37866 SH Sole 34951 2915
J.P. Morgan Chase & Co. COM 46625H100 10786 301874 SH Sole 219998 81876
Jacobs Engineering Group Inc. COM 469814107 11044 291703 SH Sole 245563 46140
Johnson & Johnson COM 478160104 29457 436016 SH Sole 352358 83658
Johnson Controls Inc. COM 478366107 15433 556964 SH Sole 482184 74780
KBS REIT I COM 482422102 193 37394 SH Sole 37394
KBS REIT II COM 48243C109 125 12388 SH Sole 12388
Kellogg Co. COM 487836108 1247 25275 SH Sole 6725 18550
Keycorp New COM 493267108 166 21449 SH Sole 16549 4900
Kimberly-Clark Corp. COM 494368103 870 10381 SH Sole 8996 1385
Kohls Corp COM 500255104 10637 233822 SH Sole 206876 26946
Kraft Foods Inc. COM 50075N104 3430 88807 SH Sole 60144 28663
Laboratory Corp. of America COM 50540R409 3921 42342 SH Sole 39657 2685
Lilly Eli & Co. COM 532457108 343 7993 SH Sole 1948 6045
Lincoln National Corp. COM 534187109 281 12862 SH Sole 12862
LiquidMetal Technologies Inc. COM 53634x100 3 10150 SH Sole 10150
Lockheed Martin Corp. COM 539830109 1582 18167 SH Sole 17667 500
Lowe's Companies COM 548661107 16787 590272 SH Sole 503456 86816
Magellan Midstream Partners COM 559080106 1487 21045 SH Sole 16620 4425
Marathon Oil Corporation COM 565849106 246 9616 SH Sole 3116 6500
Marriott Int'l, Inc. COM 571903202 214 5453 SH Sole 5453
Marsh & McLennan Companies COM 571748102 867 26900 SH Sole 10700 16200
Mastercard Inc-Cl A COM 57636q104 440 1023 SH Sole 1023
Matthews International Corp Cl COM 577128101 214 6600 SH Sole 6600
McDonald's Corp. COM 580135101 11053 124851 SH Sole 90227 34624
McGraw-Hill Companies, Inc. COM 580645109 518 11520 SH Sole 5780 5740
Medtronic Inc. COM 585055106 3507 90547 SH Sole 64565 25982
Merck & Co., Inc. New COM 58933Y105 3770 90293 SH Sole 71852 18441
Meredith Corp. COM 589433101 511 16000 SH Sole 3400 12600
Microsoft Corp. COM 594918104 17454 570569 SH Sole 463825 106744
Minerals Technologies Inc. COM 603158106 914 14325 SH Sole 13415 910
Monsanto Company COM 61166W101 4321 52196 SH Sole 45176 7020
Nestle Sponsored ADR COM 641069406 1107 18522 SH Sole 14807 3715
NewMarket Corp COM 651587107 1949 9000 SH Sole 9000
News Corp. Inc. Class A COM 65248E104 447 20054 SH Sole 20000 54
NextEra Energy Inc. COM 65339F101 581 8440 SH Sole 6240 2200
Nike, Inc. COM 654106103 3672 41833 SH Sole 35683 6150
Nordstrom Inc. COM 655664100 373 7502 SH Sole 3702 3800
Norfolk Southern Corp. COM 655844108 675 9405 SH Sole 7655 1750
Northrop Grumman Corp. COM 666807102 1675 26263 SH Sole 26263
Novartis AG ADS COM 66987V109 6205 110994 SH Sole 97406 13588
Novo Nordisk ADR COM 670100205 415 2855 SH Sole 2855
Nucor Corp. COM 670346105 8776 231563 SH Sole 208868 22695
Occidental Petroleum COM 674599105 872 10169 SH Sole 10169
Oneok Partners LP COM 68268N103 1587 29530 SH Sole 23510 6020
Oracle Systems COM 68389X105 14465 487042 SH Sole 427317 59725
PPG Industries, Inc. COM 693506107 395 3721 SH Sole 2555 1166
PS Business Parks Inc COM 69360J107 329 4854 SH Sole 4854
Pall Corp. COM 696429307 1977 36070 SH Sole 27720 8350
PepsiCo Inc. COM 713448108 14268 201928 SH Sole 155131 46797
Pfizer, Inc. COM 717081103 13442 584417 SH Sole 443173 141244
Philip Morris Intl COM 718172109 14484 165987 SH Sole 124554 41433
Phillips 66 COM 718546104 1224 36820 SH Sole 26263 10557
Plains All American Pipeline L COM 726503105 2879 35629 SH Sole 27325 8304
Plum Creek Timber L.P. COM 729251108 1060 26700 SH Sole 26600 100
Praxair Inc. COM 74005P104 217 1994 SH Sole 1994
Precision Castparts Corp COM 740189105 9868 59994 SH Sole 55642 4352
Procter & Gamble Co. COM 742718109 18390 300246 SH Sole 225821 74425
Progress Energy COM 743263105 310 5154 SH Sole 1054 4100
Protective Life Corp. COM 743674103 281 9565 SH Sole 8340 1225
Public Storage Inc. COM 74460D109 6471 44812 SH Sole 30812 14000
QUALCOMM, Inc. COM 747525103 3241 58212 SH Sole 36812 21400
Realty Income Corp. COM 756109104 841 20126 SH Sole 18556 1570
Roche Holdings Ltd-Spons Adr COM 771195104 215 4985 SH Sole 4985
Rockwell Automation, Inc. COM 773903109 347 5260 SH Sole 4710 550
Royal Dutch Shell PLC-ADR A COM 780259206 2845 42193 SH Sole 29968 12225
SPDR Trust Series 1 (spy) COM 78462F103 2208 16220 SH Sole 16220
SYSCO Corp. COM 871829107 10290 345193 SH Sole 250238 94955
Schlumberger Ltd COM 806857108 22948 353528 SH Sole 280817 72711
Sector SPDR Tech Select Shs of COM 81369Y803 245 8515 SH Sole 8515
Sempra Energy COM 816851109 1096 15915 SH Sole 14915 1000
Sigma-Aldrich Corp. COM 826552101 16858 228026 SH Sole 165618 62408
Southern Company COM 842587107 603 13025 SH Sole 3000 10025
Sovran Self Storage COM 84610H108 571 11400 SH Sole 11400
Sport Chalet Class A COM 849163209 42 28000 SH Sole 28000
Starbucks Corp. COM 855244109 304 5704 SH Sole 4504 1200
Stryker Corporation COM 863667101 14805 268697 SH Sole 236899 31798
TJX Companies COM 872540109 675 15722 SH Sole 15722
Target Corp COM 87612E106 4804 82551 SH Sole 67606 14945
Teva Pharmaceutical Industries COM 881624209 4046 102591 SH Sole 86761 15830
Texas Instruments COM 882508104 2643 92121 SH Sole 76021 16100
Toll Brothers, Inc. COM 889478103 274 9200 SH Sole 5700 3500
Tootsie Roll Inds COM 890516107 295 12345 SH Sole 10616 1729
Transocean Ltd. COM H8817H100 6928 154889 SH Sole 142056 12833
Tredegar Corporation COM 894650100 291 20000 SH Sole 20000
U.S. Bancorp COM 902973304 271 8421 SH Sole 4521 3900
Unilever N V COM 904784709 388 11632 SH Sole 10232 1400
Union Pacific COM 907818108 1759 14743 SH Sole 13793 950
United Parcel Service COM 911312106 39491 501405 SH Sole 478758 22647
United Technologies COM 913017109 4267 56494 SH Sole 50859 5635
UnitedHealth Group Inc. COM 91324P102 774 13228 SH Sole 11628 1600
Utilities Select Sector SPDR COM 81369y886 732 19800 SH Sole 19800
Vanguard Energy ETF COM 92204A306 214 2200 SH Sole 2200
Verizon Comm. COM 92343V104 6873 154650 SH Sole 127800 26850
Virnet Holding COM 92823T108 218 6185 SH Sole 6185
Vodafone Group Plc COM 92857W209 4789 169951 SH Sole 139677 30274
Wal-Mart Stores, Inc. COM 931142103 9668 138674 SH Sole 105258 33416
Walgreen Co. COM 931422109 16457 556363 SH Sole 482644 73719
Wells Fargo & Co. COM 949746101 22359 668643 SH Sole 597949 70694
Wisconsin Energy Corp. COM 976657106 602 15211 SH Sole 3649 11562
Zimmer Holdings Inc. COM 98956P102 551 8565 SH Sole 4058 4507
iShares Goldman Sachs Tech Ind COM 464287549 338 5150 SH Sole 4300 850
Revere Inv - 171 Wilson Prtnrs AA 100 100000 SH Sole 100000
Revere Inv - 2230 Lincoln LLC AA 100 100000 SH Sole 100000
Revere Inv - Olive Street Asso AA 100 100000 SH Sole 100000
SPDR Gold Trust AA 78463V107 690 4447 SH Sole 4197 250