0001417889-12-000001.txt : 20120215 0001417889-12-000001.hdr.sgml : 20120215 20120215094602 ACCESSION NUMBER: 0001417889-12-000001 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20111231 FILED AS OF DATE: 20120215 DATE AS OF CHANGE: 20120215 EFFECTIVENESS DATE: 20120215 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Vision Capital Management, Inc. CENTRAL INDEX KEY: 0001417889 IRS NUMBER: 931270204 STATE OF INCORPORATION: OR FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-12686 FILM NUMBER: 12614452 BUSINESS ADDRESS: STREET 1: ONE SW COLUMBIA, SUITE 915 CITY: PORTLAND STATE: OR ZIP: 97258 BUSINESS PHONE: 503-221-5656 MAIL ADDRESS: STREET 1: ONE SW COLUMBIA, SUITE 915 CITY: PORTLAND STATE: OR ZIP: 97258 13F-HR 1 inftable.txt 13F QUARTER ENDING 123111 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: Vision Capital Management, Inc. Address: One SW Columbia, Suite 915 Portland, OR 97258 13F File Number: 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: Marina L. Johnson, CFA Title: Vice President Phone: 503-221-5656 Signature, Place, and Date of Signing: Marina Johnson Portland, Oregon February 14, 2012 Report Type (Check only one.): [X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: NONE 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: 0 Form 13F Information Table Entry Total: 63 Form 13F Information Table Value Total: $390,026 List of Other Included Managers: NONE 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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- AEGON N V PFD PERP 6.375 ps 007924301 577 29625 SH Sole 29625 ALLIANZ SE 8.375% PFD F PERPET ps 018805200 585 22900 SH Sole 22900 CREDIT SUISSE GUERNSEY BRH 7.9 ps 225448208 483 18900 SH Sole 18900 DEUTSCHE BK CONTINGNT CAP TR V ps 25150L108 228 10000 SH Sole 10000 FEDERAL NATL MTG ASSN PFD 8.25 ps 313586737 32 22800 SH Sole 22800 GOLDMAN SACHS GP PREFERRED ps 38143y665 483 28980 SH Sole 28980 HSBC HLDGS PLC SUB CAP 8.125% ps 404280703 484 18800 SH Sole 18800 JPMORGAN CHASE 7.20%39 GTD CAP ps 48124y204 319 12500 SH Sole 12500 PNC CAPITAL TR E 7.75% TR PFD ps 69350S208 265 10150 SH Sole 10150 WELLS FARGO CAP XII ENH TRUPS7 ps 94985V202 499 19200 SH Sole 19200 ACTIVISION BLIZZARD INC COM ST cs 00507V109 10031 814242 SH Sole 814242 AMAZON COM INC COM cs 023135106 693 4006 SH Sole 4006 AMERISOURCEBERGEN CORP COM cs 03073E105 9818 264000 SH Sole 264000 APPLE INC COM cs 037833100 21083 52058 SH Sole 52051 7 ASSOCIATES FIRST CAP CP RESIDU cs 046008207 0 12275 SH Sole 12275 BLACKROCK INC COM STK cs 09247X101 9007 50535 SH Sole 50535 CATERPILLAR INC COM cs 149123101 9693 106992 SH Sole 106967 25 CELGENE CORP COM cs 151020104 11421 168949 SH Sole 168949 CHEVRON CORP NEW COM cs 166764100 439 4130 SH Sole 4130 CITRIX SYS INC COM cs 177376100 7855 129359 SH Sole 129359 COCA COLA CO COM cs 191216100 9720 138920 SH Sole 138920 COLGATE PALMOLIVE CO COM cs 194162103 11623 125806 SH Sole 125806 COOPER INDUSTRIES PLC NEW IREL cs G24140108 9395 173493 SH Sole 173493 DISCOVERY COMMUNICATIONS INC C cs 25470F104 10165 248102 SH Sole 248047 55 DR PEPPER SNAPPLE GROUP INC CO cs 26138E109 11048 279845 SH Sole 279845 DU PONT E I DE NEMOURS & CO CO cs 263534109 9242 201885 SH Sole 201885 EBAY INC COM cs 278642103 9584 315998 SH Sole 315998 EXPRESS SCRIPTS INC COMMON STO cs 302182100 8793 196760 SH Sole 196760 EXXON MOBIL CORP COM cs 30231G102 11238 132589 SH Sole 132089 500 F5 NETWORKS INC cs 315616102 10350 97528 SH Sole 97508 20 FORD MTR CO DEL COM PAR $0.01 cs 345370860 113 10500 SH Sole 10500 GILEAD SCIENCES INC cs 375558103 10581 258504 SH Sole 258444 60 GOOGLE INC CL A cs 38259P508 12884 19947 SH Sole 19942 5 HAVERTY FURNITURE COS cs 419596101 432 39300 SH Sole 39300 INTERNATIONAL BUSINESS MACHS C cs 459200101 11311 61515 SH Sole 61515 LAS VEGAS SANDS CORP cs 517834107 7688 179913 SH Sole 179913 LULULEMON ATHLETICA INC COM cs 550021109 877 18806 SH Sole 18806 MCDONALDS CORP COM cs 580135101 13286 132425 SH Sole 132425 MERA PHARMACEUTICALS INC cs 58732R103 0 80415 SH Sole 80415 MERCHANTS BANCORP cs 588436105 1 25667 SH Sole 25667 MONSANTO CO NEW COM cs 61166W101 9604 137067 SH Sole 137067 NORTHERN TR CORP COM cs 665859104 281 7094 SH Sole 7094 ORACLE CORP COM cs 68389X105 8308 323894 SH Sole 323894 PEABODY ENERGY CORP COM STK cs 704549104 5533 167116 SH Sole 167116 PROCTER & GAMBLE COM NPV cs 742718109 15049 225581 SH Sole 225541 40 SCHLUMBERGER LTD COM cs 806857108 8575 125530 SH Sole 125530 SKYWORKS SOLUTIONS INC cs 83088M102 9659 595470 SH Sole 595375 95 ST JUDE MED INC COM cs 790849103 8304 242094 SH Sole 242044 50 STARBUCKS CORP COM cs 855244109 232 5039 SH Sole 5039 STARWOOD HOTELS & RESORTS WORL cs 85590A401 8037 167538 SH Sole 167538 STERICYCLE INC COM cs 858912108 10222 131192 SH Sole 131192 TARGET CORP COM STK cs 87612E106 13497 263514 SH Sole 263469 45 UNION PAC CORP COM cs 907818108 8994 84900 SH Sole 84900 UNITED TECHNOLOGIES CORP COM cs 913017109 9272 126852 SH Sole 126852 VERIZON COMMUNICATIONS INC COM cs 92343V104 10475 261090 SH Sole 261090 VISA INC COM CL A STK cs 92826C839 9867 97181 SH Sole 97181 WHITING PETE CORP NEW cs 966387102 3094 66275 SH Sole 66275 ISHARES TR LRGE GRW INDX cs 464287119 1540 23357 SH Sole 23357 ISHARES TR RUSSELL 1000 RUSSEL cs 464287622 390 5628 SH Sole 5628 ISHARES TR RUSSELL1000GRW cs 464287614 1090 18870 SH Sole 18870 ISHARES TR S&P 500 INDEX cs 464287200 4970 39461 SH Sole 39461 ISHARES TR S&P MIDCAP S&P MIDC cs 464287507 455 5188 SH Sole 5188 SCHWAB INVTS 1000 INDEX INV cs 808517106 248 7016 SH Sole 7016