0001349138-12-000002.txt : 20120224
0001349138-12-000002.hdr.sgml : 20120224
20120223195620
ACCESSION NUMBER: 0001349138-12-000002
CONFORMED SUBMISSION TYPE: 13F-HR/A
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20111231
FILED AS OF DATE: 20120224
DATE AS OF CHANGE: 20120223
EFFECTIVENESS DATE: 20120224
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: Parsec Financial Management, Inc.
CENTRAL INDEX KEY: 0001349138
IRS NUMBER: 561443390
STATE OF INCORPORATION: NC
FISCAL YEAR END: 1205
FILING VALUES:
FORM TYPE: 13F-HR/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-11676
FILM NUMBER: 12635462
BUSINESS ADDRESS:
STREET 1: 6 WALL STREET
CITY: ASHEVILLE
STATE: NC
ZIP: 28801
BUSINESS PHONE: 8282550271
MAIL ADDRESS:
STREET 1: PO BOX 2324
CITY: ASHEVILLE
STATE: NC
ZIP: 28802
13F-HR/A
1
inftable-amended.txt
13F-HR AMENDMENT
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F-HR/A
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: December 31, 2011
Check Here if Amendment [X ]; Amendment Number:
This Amendment (Check only one.): [ X] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: PARSEC FINANCIAL MANAGEMENT, INC.
Address: 6 WALL STREET
Asheville, NC 28801
13F File Number: 801-16359
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: Barbara A. Gray
Title: Chief Compliance Officer
Phone: 828-255-0271
Signature, Place, and Date of Signing:
Barbara A. Gray Asheville, North Carolina February 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 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 COMPANY COM 88579y101 7280 89078.549SH SOLE 10281.000 78797.549
ABBOTT LABORATORIES COM 002824100 13787 245183.738SH SOLE 28180.000 217003.738
ACCENTURE LTD COM G1151C101 1811 34024.000SH SOLE 34024.000
AFFILIATED MANAGERS GROUP COM 008252108 943 9827.000 SH SOLE 3170.000 6657.000
AFLAC COM 001055102 3605 83323.000SH SOLE 15630.000 67693.000
ALTRIA GROUP, INC. COM 02209s103 229 7708.667 SH SOLE 7708.667
AMERIWEST ENERGY COM 030757108 0 20000.000SH SOLE 20000.000
AMGEN COM 031162100 5620 87518.738SH SOLE 9067.000 78451.738
APACHE COM 037411105 7818 86305.852SH SOLE 8594.000 77711.852
APPLE COMPUTER COM 037833100 9311 22991.000SH SOLE 3203.000 19788.000
APPLIED MATERIALS COM 038222105 5084 474659.616SH SOLE 82607.000 392052.616
AT&T COM 00206r102 11836 391403.724SH SOLE 42147.000 349256.724
AUTOMATIC DATA PROCESSING COM 053015103 16009 296402.729SH SOLE 28622.000 267780.729
BANK OF AMERICA COM 060505104 111 20037.131SH SOLE 20037.131
BASIC SANITATION CO OF THE ST COM 20441A102 245 4395.000 SH SOLE 2000.000 2395.000
BB&T COM 054937107 516 20484.000SH SOLE 20484.000
BED BATH & BEYOND COM 075896100 2161 37272.000SH SOLE 3745.000 33527.000
BERKSHIRE HATHAWAY CL B COM 084670702 422 5530.000 SH SOLE 5530.000
BHP BILLITON LTD COM 088606108 1554 21995.000SH SOLE 2600.000 19395.000
BLACKROCK COM 09247X101 7620 42752.000SH SOLE 4145.000 38607.000
BRISTOL MYERS SQUIBB CO COM 110122108 279 7930.000 SH SOLE 7930.000
CATERPILLAR INC COM 149123101 300 3310.000 SH SOLE 3310.000
CHARLES SCHWAB COM 808513105 7234 642495.000SH SOLE 94700.000 547795.000
CHEVRON COM 166764100 14383 135174.522SH SOLE 14156.000 121018.522
CISCO SYSTEMS COM 17275R102 5755 318291.213SH SOLE 25490.000 292801.213
COCA COLA COMPANY COM 191216100 5761 82329.958SH SOLE 2948.000 79381.958
COLGATE PALMOLIVE COM 194162103 7175 77660.771SH SOLE 10369.000 67264.771
COMMONWEALTH REIT COM 203233101 3086 185482.747SH SOLE 32697.500 152785.247
COPYTELE INC COM COM 217721109 3 25446.000SH SOLE 25446.000
CORNING COM 219350105 1765 135989.331SH SOLE 23110.000 112879.331
CVS/CAREMARK COM 126650100 10773 264169.280SH SOLE 25978.000 238191.280
CYTOMEDIX COM 23283B204 22 19600.000SH SOLE 19600.000
DISNEY (WALT) COM 254687106 12464 332360.205SH SOLE 33304.000 299056.205
DOMINION RESOURCES COM 25746u109 282 5304.012 SH SOLE 5304.012
DOVER COM 260003108 12616 217337.500SH SOLE 23471.000 193866.500
DUKE ENERGY COM 26441C105 444 20191.426SH SOLE 20191.426
E M C CORPORATION COM 268648102 3768 174944.000SH SOLE 25447.000 149497.000
EBAY COM 278642103 4411 145426.000SH SOLE 10925.000 134501.000
EMERSON ELECTRIC COM 291011104 8674 186166.999SH SOLE 13974.000 172192.999
ENSCO - ADR COM 29358Q109 7762 165421.000SH SOLE 27540.000 137881.000
EXTR@CT COM 302258108 0 258200.000SH SOLE 258200.000
EXXON MOBIL COM 30231g102 18839 222261.757SH SOLE 24018.000 198243.757
FIRST BANCORP OF INDIANA COM 31867T202 273 27296.000SH SOLE 27296.000
FLUOR COM 343412102 1429 28435.000SH SOLE 1840.000 26595.000
GENERAL DYNAMICS COM 369550108 4649 70011.483SH SOLE 14475.000 55536.483
GENERAL ELECTRIC COM 369604103 10045 560879.837SH SOLE 77504.000 483375.837
GENERAL MILLS COM 370334104 7205 178289.865SH SOLE 15665.000 162624.865
GILEAD SCIENCES COM 375558103 697 17030.000SH SOLE 1840.000 15190.000
GOOGLE COM 38259P508 4078 6314.000 SH SOLE 1049.000 5265.000
HALLIBURTON COMPANY COM 406216101 2983 86443.424SH SOLE 9630.000 76813.424
HEWLETT-PACKARD COM 428236103 4744 184178.232SH SOLE 33505.000 150673.232
HOME DEPOT COM 437076102 5698 135537.875SH SOLE 13331.000 122206.875
HUDSON CITY BANCORP COM 443683107 851 136195.045SH SOLE 13810.000 122385.045
ILLINOIS TOOL WORKS COM 452308109 7072 151401.906SH SOLE 21550.000 129851.906
INTEL COM 458140100 13737 566491.849SH SOLE 70941.000 495550.849
INTERNATIONAL BUSINESS MACHINE COM 459200101 14235 77415.961SH SOLE 6182.000 71233.961
J P MORGAN CHASE COM 46625H100 8286 249199.444SH SOLE 30208.000 218991.444
JOHNSON & JOHNSON COM 478160104 14504 221166.832SH SOLE 20342.000 200824.832
KIMBERLY-CLARK COM 494368103 4372 59436.195SH SOLE 11675.000 47761.195
KINDER MORGAN MANAGEMENT COM 49455U100 7337 93442.233SH SOLE 5274.275 88167.958
LABORATORY CORP OF AMERICA HOL COM 50540R409 3542 41198.000SH SOLE 3360.000 37838.000
LOWES COMPANIES COM 548661107 9339 367961.650SH SOLE 33728.000 334233.650
MCDONALDS CORPORATION COM 580135101 482 4809.000 SH SOLE 56.000 4753.000
MEDTRONIC COM 585055106 8896 232580.565SH SOLE 27846.000 204734.565
MERCK & COMPANY INC COM 58933Y105 419 11123.742SH SOLE 195.000 10928.742
MICROCHIP TECHNOLOGY COM 595017104 9014 246070.415SH SOLE 25064.000 221006.415
MICROSOFT COM 594918104 13241 510054.973SH SOLE 58575.000 451479.973
NEXTERA ENERGY COM 65339F101 16679 273966.620SH SOLE 27245.000 246721.620
NN INC COM 629337106 60 10000.000SH SOLE 10000.000
NORFOLK SOUTHERN CORP COM 655844108 259 3549.000 SH SOLE 3549.000
NUCOR CORP COM 670346105 1787 45171.000SH SOLE 2910.000 42261.000
ORACLE COM 68389X105 9653 376334.565SH SOLE 40602.000 335732.565
PEPSICO COM 713448108 9407 141782.218SH SOLE 17445.000 124337.218
PFIZER COM 717081103 258 11919.380SH SOLE 3644.000 8275.380
PHILIP MORRIS INTERNATIONAL COM 718172109 333 4237.526 SH SOLE 4237.526
PNC FINANCIAL SERVICES COM 693475105 6639 115120.127SH SOLE 10420.000 104700.127
POLARIS INDUSTRIES COM 731068102 1085 19380.000SH SOLE 656.000 18724.000
PROCTER & GAMBLE COM 742718109 13222 198197.458SH SOLE 18957.000 179240.458
PROGRESS ENERGY COM 743263105 439 7843.000 SH SOLE 7843.000
PRUDENTIAL FINANCIAL COM 744320102 4351 86812.147SH SOLE 13630.000 73182.147
PURESPECTRUM COM 74624D102 0 56150.000SH SOLE 56150.000
QUALCOMM COM 747525103 5497 100494.948SH SOLE 6080.000 94414.948
RAYTHEON COM 755111507 1689 34920.325SH SOLE 6665.000 28255.325
RIO TINTO - ADR COM 767204100 5991 122467.000SH SOLE 22045.000 100422.000
ROYAL BANK OF CANADA COM 780087102 311 6111.000 SH SOLE 6111.000
ROYAL DUTCH SHELL CL A ADRF COM 780259206 313 4285.000 SH SOLE 4285.000
SCANA CORP COM 80589m102 998 22139.000SH SOLE 22139.000
SEI INVESTMENTS COM 784117103 4266 245896.798SH SOLE 45034.000 200862.798
SOUTHERN CO COM 842587107 220 4755.516 SH SOLE 4755.516
SPECTRA ENERGY CORP COM 847560109 231 7524.000 SH SOLE 7524.000
ST JUDE MEDICAL COM 790849103 2839 82775.939SH SOLE 8240.000 74535.939
STAPLES COM 855030102 3728 268410.000SH SOLE 38470.000 229940.000
STRYKER COM 863667101 8622 173448.752SH SOLE 23534.000 149914.752
SYSCO COM 871829107 9902 337608.625SH SOLE 36302.000 301306.625
TAIWAN SEMICONDUCTOR SPONSORED COM 874039100 1943 150529.000SH SOLE 17650.000 132879.000
TD AMERITRADE HOLDING COM 87236Y108 3498 223510.000SH SOLE 33915.000 189595.000
TELEFONICA SA COM 879382208 4737 275563.000SH SOLE 41350.000 234213.000
TEVA PHARMACEUTICAL INDUSTRIES COM 881624209 10291 254970.000SH SOLE 30807.000 224163.000
TEXAS INSTRUMENTS COM 882508104 3198 109869.328SH SOLE 14765.000 95104.328
THERMO FISHER SCIENTIFIC COM 883556102 980 21800.000SH SOLE 3060.000 18740.000
TIME WARNER COM 887317303 7203 199296.344SH SOLE 24715.000 174581.344
TJX COMPANIES COM 872540109 832 12888.455SH SOLE 2145.000 10743.455
TOTAL S.A. SPONSORED ADR COM 89151E109 4430 86671.000SH SOLE 11715.000 74956.000
UNITED PARCEL SERVICE - B COM 911312106 2445 33411.998SH SOLE 705.000 32706.998
UNITED TECHNOLOGIES COM 913017109 4331 59260.723SH SOLE 2161.000 57099.723
VERIZON COMMUNICATIONS COM 92343v104 249 6209.742 SH SOLE 6209.742
VISA COM 92826C839 5958 58684.412SH SOLE 3715.000 54969.412
VORNADO REALTY TRUST REIT COM 929042109 1958 25469.000SH SOLE 1830.000 23639.000
WAL-MART STORES COM 931142103 9335 156205.944SH SOLE 18149.000 138056.944
WALGREEN COM 931422109 1667 50427.598SH SOLE 4694.000 45733.598
WELLS FARGO COM 949746101 396 14371.081SH SOLE 14371.081
ZIMMER HOLDINGS COM 98956p102 3297 61727.001SH SOLE 8569.000 53158.001
ENERGY TRANSFER PARTNERS LP 29273R109 5053 110197.529SH SOLE 7240.000 102957.529
FORTRESS INVESTMENT GROUP LLC 34958B106 2819 833901.000SH SOLE 112160.000 721741.000
KINDER MORGAN ENERGY PARTNERS 494550106 1102 12972.116SH SOLE 12972.116
ISHARES DJ US FINANCIAL SECTOR UNIT TRUST (EQUI 464287788 667 13605.000SH SOLE 13605.000
ISHARES DOW JONES US TELECOM UNIT TRUST (EQUI 464287713 262 12457.000SH SOLE 4297.000 8160.000
ISHARES MSCI EAFE INDEX UNIT TRUST (EQUI 464287465 784 15822.813SH SOLE 3569.813 12253.000
ISHARES MSCI EMERGING MARKETS UNIT TRUST (EQUI 464287234 2357 62118.000SH SOLE 1950.000 60168.000
ISHARES RUSSELL 2000 INDEX UNIT TRUST (EQUI 464287655 1604 21746.439SH SOLE 1193.439 20553.000
ISHARES RUSSELL 2000 VALUE IND UNIT TRUST (EQUI 464287630 530 8073.000 SH SOLE 1005.000 7068.000
ISHARES RUSSELL MIDCAP INDEX UNIT TRUST (EQUI 464287499 1209 12281.000SH SOLE 12281.000
ISHARES S&P 500 INDEX UNIT TRUST (EQUI 464287200 568 4507.000 SH SOLE 4507.000
ISHARES S&P GLOBAL CLEAN ENERG UNIT TRUST (EQUI 464288224 133 15555.000SH SOLE 15555.000
ISHARES S&P GLOBAL TELECOMMUNI UNIT TRUST (EQUI 464287275 4756 85239.000SH SOLE 11584.000 73655.000
ISHARES S&P US PREFERRED STOCK UNIT TRUST (EQUI 464288687 572 16045.000SH SOLE 16045.000
MARKET VECTORS AGRIBUSINESS UNIT TRUST (EQUI 57060U605 311 6587.000 SH SOLE 6587.000
SPDR S&P BIOTECH UNIT TRUST (EQUI 78464A870 1726 25991.000SH SOLE 3760.000 22231.000
UTILITIES SELECT SECTOR SPDR UNIT TRUST (EQUI 81369y886 1847 51324.000SH SOLE 10500.000 40824.000
VANGUARD EMERGING MARKETS STOC UNIT TRUST (EQUI 922042858 1944 50876.014SH SOLE 6391.000 44485.014
VANGUARD TOTAL STOCK MARKET ET UNIT TRUST (EQUI 922908769 1459 22693.283SH SOLE 5835.000 16858.283
WISDOMTREE EMERGING MKTS EQUIT UNIT TRUST (EQUI 97717W315 1387 27049.844SH SOLE 1015.000 26034.844
WISDOMTREE EMERGING MKTS SMALL UNIT TRUST (EQUI 97717W281 3575 86472.226SH SOLE 15157.000 71315.226
WISDOMTREE INTL LARGE CAP DIVI UNIT TRUST (EQUI 97717W794 389 9722.000 SH SOLE 9722.000
WISDOMTREE MID CAP DIVIDEND UNIT TRUST (EQUI 97717W505 599 11509.000SH SOLE 270.000 11239.000
WISDOMTREE SMALL CAP DIVIDEND UNIT TRUST (EQUI 97717W604 1859 41416.596SH SOLE 550.000 40866.596
1/100000 WELLS FARGO PFD PFD KEK746889 0 61200.000SH SOLE 61200.000