0001171520-12-000085.txt : 20120208
0001171520-12-000085.hdr.sgml : 20120208
20120208103503
ACCESSION NUMBER: 0001171520-12-000085
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20111231
FILED AS OF DATE: 20120208
DATE AS OF CHANGE: 20120208
EFFECTIVENESS DATE: 20120208
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: Marble Harbor Investment Counsel, LLC
CENTRAL INDEX KEY: 0001387130
IRS NUMBER: 203734538
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-12079
FILM NUMBER: 12580239
BUSINESS ADDRESS:
STREET 1: 101 FEDERAL STREET
STREET 2: SUITE 2210
CITY: BOSTON
STATE: MA
ZIP: 02110
BUSINESS PHONE: 617-956-6710
MAIL ADDRESS:
STREET 1: 101 FEDERAL STREET
STREET 2: SUITE 2210
CITY: BOSTON
STATE: MA
ZIP: 02110
13F-HR
1
eps4518.txt
MARBLE HARBOR INVESTMENT COUNSEL, LLC
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: MARBLE HARBOR INVESTMENT COUNSEL, LLC
Address: 101 FEDERAL STREET, SUITE 2505
BOSTON, MA 02110
Form 13F File Number: 028-12079
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: Paul R. Davis
Title: Managing Member
Phone: 617-956-6710
Signature, Place, and Date of Signing:
/s/ Paul R. Davis Boston, MA 02/08/2012
----------------- ------------- ----------
(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 reported are 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: 114
Form 13F Information Value Total (thousands): $247,084
List of Other Included Managers: NONE
Form 13F-HR Information Table
Title of VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
Name of Issuer Class CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
-------------- ----- ----- -------- ------- --- ---- ---------- -------- ---- ------ ----
3M Company Common 88579Y101 4770 58373 SH SOLE 56373 2000
Abbott Laboratories Common 002824100 12459 221577 SH SOLE 200877 20700
Aflac Inc Common 001055102 2681 61990 SH SOLE 54490 7500
Air Products & Chemicals Inc Common 009158106 3903 45826 SH SOLE 44054 1772
Altria Group Inc Common 02209s103 306 10325 SH SOLE 9525 800
American Express Common 025816109 358 7600 SH SOLE 7600 0
Anadarko Petroleum Corp. Common 032511107 226 2964 SH SOLE 2964 0
Annaly Capital Management Inc Common 035710409 205 12900 SH SOLE 12900 0
Apache Corp Common 037411105 1032 11400 SH SOLE 9300 2100
Apple Inc Common 037833100 240 593 SH SOLE 593 0
Archer-Daniels-Midland Co Common 039483102 291 10200 SH SOLE 10200 0
AT&T Inc Common 00206R102 1900 62851 SH SOLE 61251 1600
Automatic Data Processing Inc Common 053015103 8753 162076 SH SOLE 147586 14490
Bank of Hawaii Corp Common 062540109 3182 71530 SH SOLE 67580 3950
Bank of New York Mellon Corp Common 064058100 261 13144 SH SOLE 13144 0
Berkshire Hathaway Inc CL B 084670702 1060 13900 SH SOLE 12700 1200
Boeing Common 097023105 418 5710 SH SOLE 5710 0
BP Plc Sponsored ADR 055622104 907 21235 SH SOLE 21235 0
Canadian Natural Resources Common 136385101 250 6700 SH SOLE 6700 0
C R Bard Inc Common 067383109 265 3100 SH SOLE 1300 1800
Chevron Corp Common 166764100 2214 20816 SH SOLE 20508 308
Chubb Corp Common 171232101 656 9488 SH SOLE 9488 0
Cisco Systems Inc Common 17275R102 7074 391288 SH SOLE 364338 26950
Coca-Cola Co Common 191216100 5889 84175 SH SOLE 75419 8756
Colgate-Palmolove Common 194162103 851 9219 SH SOLE 9219 0
ConocoPhillips Common 20825C104 619 8504 SH SOLE 8504 0
Costco Wholesale Corp Common 22160K105 408 4900 SH SOLE 4900 0
Covidien PLC Common G2554F113 582 12947 SH SOLE 12947 0
Danaher Corp Com Common 235851102 736 15650 SH SOLE 15650 0
Dell Inc Common 24702R101 161 11050 SH SOLE 9100 1950
Dentsply International
Inc Com Common 249030107 272 7800 SH SOLE 7800 0
Diageo PLC Sponsored ADR 25243Q205 2230 25520 SH SOLE 24112 1408
Dominion Resources Inc VA
(New) Common 25746u109 307 5800 SH SOLE 5800 0
Duke Energy Holding Corp Common 26441C105 754 34280 SH SOLE 34280 0
E I Dupont Denemours & Co Common 263534109 1214 26537 SH SOLE 26537 0
Ebay Inc Common 278642103 2515 82950 SH SOLE 75850 7100
Ecolab Inc Common 278865100 2780 48094 SH SOLE 41390 6704
Edwards Lifesciences Corp Common 28176e108 1269 17950 SH SOLE 17950 0
Eli Lilly & Co Common 532457108 286 6900 SH SOLE 6000 900
EMC Corp Common 268648102 1171 54400 SH SOLE 54400 0
Emerson Electric Common 291011104 2224 47742 SH SOLE 40942 6800
Enterprise Products Prtn LP Common 293792107 208 4500 SH SOLE 4500 0
Exelon Corp Common 30161N101 292 6750 SH SOLE 6750 0
Expeditors Intl of
Washington Inc Common 302130109 2563 62584 SH SOLE 58684 3900
Exxon Mobil Corp Common 30231G102 18245 215259 SH SOLE 206399 8860
Fiserv Common 337738108 3930 66912 SH SOLE 58712 8200
General Electric Common 369604103 7914 441889 SH SOLE 409254 32635
Google Inc CL A 38259p508 456 706 SH SOLE 656 50
Healthcare Realty Tr Inc Common 421946104 4865 261743 SH SOLE 241343 20400
Hewlett-Packard Co Common 428236103 443 17232 SH SOLE 17232 0
Hingham Institutional Savings Common 433323102 209 4378 SH SOLE 2367 2011
Hologic Inc Common 436440101 181 10360 SH SOLE 10360 0
Home Depot Common 437076102 325 7750 SH SOLE 5800 1950
Huntington Bancshares Inc Common 446150104 247 45013 SH SOLE 29614 15399
Idexx Labs Inc Common 45168D104 1205 15670 SH SOLE 13570 2100
Intel Corp Common 458140100 2095 86427 SH SOLE 81527 4900
Intl Business Machines Common 459200101 2599 14139 SH SOLE 13839 300
Iron Mountain Inc Common 462846106 6406 208008 SH SOLE 189480 18528
Ishares Tr Barclays TIPS BD 464287176 291 2500 SH SOLE 2500 0
Johnson & Johnson Common 478160104 3626 55293 SH SOLE 55193 100
Johnson Controls Inc Common 478366107 1109 35480 SH SOLE 30780 4700
JP Morgan Chase & Co Common 46625H100 672 20237 SH SOLE 20237 0
Kimberly-Clark Corp Common 494368103 866 11778 SH SOLE 11478 300
Kinder Morgan Energy Partner UT Ltd Partner 494550106 310 3650 SH SOLE 3650 0
Kraft Foods Inc CL A 50075n104 248 6663 SH SOLE 5701 962
Linear Technology Corp Common 535678106 5139 171160 SH SOLE 153756 17404
McDonald's Corp Common 580135101 3805 37925 SH SOLE 37925 0
Mead Johnson Nutrition Common 582839106 275 4009 SH SOLE 4009 0
Medtronic Inc Common 585055106 2965 77526 SH SOLE 69326 8200
Merck & Co Common 589331107 2289 60725 SH SOLE 57425 3300
Microsoft Corp Common 594918104 5398 207961 SH SOLE 192901 15060
Molex Inc CL A 608554200 4317 218300 SH SOLE 206100 12200
MRV Communications Inc Common 553477100 10 12000 SH SOLE 0 12000
Newmont Mining Corp Common 651639106 311 5190 SH SOLE 5190 0
Northern Trust Corp Common 665859104 4231 106685 SH SOLE 100435 6250
Novellus Systems Inc Common 670008101 280 6800 SH SOLE 6800 0
Oneok Inc Common 682680103 277 3200 SH SOLE 3200 0
O'Reilly Automotive Inc Common 686091109 3779 47279 SH SOLE 47279 0
Parker Hannifin Corp Common 701094104 313 4115 SH SOLE 4115 0
Pepsico Inc Common 713448108 7152 107798 SH SOLE 106298 1500
Petsmart Inc Common 716768106 3304 64430 SH SOLE 55330 9100
Pfizer Inc Common 717081103 8549 395083 SH SOLE 371231 23852
Philip Morris Int'l Common 718172109 692 8820 SH SOLE 8020 800
Praxair Inc Common 74005p104 1319 12346 SH SOLE 12346 0
Procter & Gamble Co Common 742718109 14636 219405 SH SOLE 214330 5075
Progressive Corp (Ohio) Common 743315103 1397 71614 SH SOLE 51914 19700
Qualcomm Inc Common 747525103 694 12690 SH SOLE 12690 0
Royal Bank of Canada Common 780087102 350 6874 SH SOLE 6874 0
Royal Dutch Shell PLC Spons ADR A 780259206 916 12542 SH SOLE 12542 0
Schlumberger Common 806857108 4884 71500 SH SOLE 65940 5560
Sigma-Aldrich Corp Common 826552101 1312 21020 SH SOLE 21020 0
Southern Co Common 842587107 336 7280 SH SOLE 7280 0
Spectra Energy Corp Common 847560109 415 13500 SH SOLE 13500 0
SPDR Gold Trust Gold SHS 78463v107 238 1570 SH SOLE 1570 0
Stericycle Inc Common 858912108 2783 35718 SH SOLE 31918 3800
Stryker Corp Common 863667101 1490 29986 SH SOLE 26886 3100
Swedish Expt CR Corp ROG TTL ETN 22 870297801 267 31411 SH SOLE 31411 0
Target Corp Common 87612e106 257 5035 SH SOLE 5035 0
Teva Phamaceutical Inds Ltd Common 881624209 1939 48051 SH SOLE 48051 0
TE Connectivity Ltd Reg SHS h84989104 340 11046 SH SOLE 10996 50
Tyco International Ltd Common h89128104 554 11863 SH SOLE 11813 50
Unilever NV NY Shs New 904784709 529 15400 SH SOLE 15400 0
United Technologies Corp Common 913017109 1783 24399 SH SOLE 24399 0
Vanguard Intl Equity Index
Fund MSCI Emr Mkt ETF 922042858 3385 88605 SH SOLE 86605 2000
Vanguard Index FDS Growth ETF 922908736 379 6144 SH SOLE 6144 0
Vodafone Group PLC New Spons ADR 92857W209 3456 123322 SH SOLE 116070 7252
Vornado Realty Trust Common 929042109 249 3246 SH SOLE 2846 400
Wal-Mart Stores Inc Common 931142103 3044 50950 SH SOLE 44150 6800
Walgreen Co Common 931422109 3217 97328 SH SOLE 89228 8100
Walt Disney Holding Co Common 254687106 629 16790 SH SOLE 16790 0
Wells Fargo & Co Common 949746101 3047 110589 SH SOLE 105279 5310
Western Gas Partners Common 958254104 2550 61811 SH SOLE 59511 2300
Wisconsin Energy Common 976657106 262 7500 SH SOLE 7500 0
Zimmer Holdings Inc Common 98956P102 357 6687 SH SOLE 4835 1852