0000837286-11-000008.txt : 20111019
0000837286-11-000008.hdr.sgml : 20111019
20111019152409
ACCESSION NUMBER: 0000837286-11-000008
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110930
FILED AS OF DATE: 20111019
DATE AS OF CHANGE: 20111019
EFFECTIVENESS DATE: 20111019
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: RAY GERALD L & ASSOCIATES LTD
CENTRAL INDEX KEY: 0000837286
IRS NUMBER: 751567129
STATE OF INCORPORATION: TX
FISCAL YEAR END: 0531
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-02345
FILM NUMBER: 111148008
BUSINESS ADDRESS:
STREET 1: 1445 ROSS AVE
STREET 2: SUITE 5600
CITY: DALLAS
STATE: TX
ZIP: 75202
BUSINESS PHONE: 2149541900
MAIL ADDRESS:
STREET 1: 1445 ROSS AVE
STREET 2: SUITE 5600
CITY: DALLAS
STATE: TX
ZIP: 75202
FORMER COMPANY:
FORMER CONFORMED NAME: RAY GERALD L & ASSOCIATES INC
DATE OF NAME CHANGE: 19990407
13F-HR
1
o13f093011.txt
U.S.SECURITIES AND EXCHANGE COMMISSION
FORM 13F-HR
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 2011
Check here if Amendment ( )
This Amendment (Check only one.): ( ) is a restatement.
( ) adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Gerald L. Ray & Associates, Ltd.
Address: 1445 Ross Ave.
Suite 5600
Dallas, TX 75202
13F File Number: 028-02345
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 submission.
Person signing this Report on Behalf of Reporting Manager:
Name: Joseph H. Ray
Title: President
Phone: 214-954-1900
Signature, Place, and Date of Signing:
Gerald L. Ray Dallas, TX October 19, 2011
Report Type (Check only one.):
(X) 13F HOLDINGS REPORT.
( ) 13F NOTICE.
( ) 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager: N/A
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 COM 88579y101 364 5066 SH Sole 2866 2200
ABBOTT LABS COM 002824100 325 6352 SH Sole 4752 1600
1023 20000 SH Defined 16000 4000
ALLOS THERAPEUTICS INC COM COM 019777101 304 166050 SH Sole 152800 13250
46 25000 SH Defined 25000
ALLSTATE CORP COM 020002101 56 2374 SH Sole 1034 1340
253 10662 SH Defined 9862 800
ALTRIA GROUP INC COM COM 02209S103 1656 61756 SH Sole 39647 22109
737 27500 SH Defined 22500 5000
AMERICAN CAMPUS CMNTYS COM COM 024835100 454 12200 SH Sole 12200
93 2500 SH Defined 2500
AMERICAN EXPRESS CO COM 025816109 670 14930 SH Sole 13420 1510
455 10125 SH Defined 10125
AMGEN COM 031162100 6527 118758 SH Sole 102583 16175
1250 22740 SH Defined 22740
ANADARKO PETE CORP COM COM 032511107 386 6115 SH Sole 5815 300
APACHE CORP COM COM 037411105 2275 28350 SH Sole 23600 4750
241 3000 SH Defined 3000
APPLE INC COM COM 037833100 6759 17726 SH Sole 15636 2090
1754 4600 SH Defined 4600
AT&T INC COM COM 00206R102 1891 66306 SH Sole 54722 11584
BANK OF AMERICA CORP COM COM 060505104 1819 297206 SH Sole 268894 28312
424 69245 SH Defined 67048 2197
BAXTER INTL INC COM 071813109 118 2100 SH Sole 2100
449 8000 SH Defined 8000
BELO CORP COM SER B COM 080555204 60 12000 SH Defined 8000 4000
BLACKSTONE GROUP L P COM UNIT COM 09253U108 144 12000 SH Sole 12000
64 5350 SH Defined 3850 1500
BOEING CO COM 097023105 1651 27283 SH Sole 24158 3125
457 7560 SH Defined 7560
BOSTON PROPERTIES INC COM COM 101121101 392 4400 SH Sole 2900 1500
1381 15500 SH Defined 11000 4500
BRISTOL MYERS SQUIBB COM 110122108 2415 76965 SH Sole 59857 17108
1732 55200 SH Defined 48400 6800
BUCKEYE PARTNERS L P UNIT LTD COM 118230101 288 4600 SH Sole 1300 3300
BUILD A BEAR WORKSHOP COM COM 120076104 105 20500 SH Sole 20500
CAMPBELL SOUP CO COM 134429109 2 53 SH Sole 53
388 12000 SH Defined 9400 2600
CAPITAL & COUNTIES PROPERTIES COM 9EQ2DO0I4 46 27200 SH Sole 27200
CAPITAL SHOPPING CENTRES GROUP COM 486799000 89 27200 SH Sole 27200
CARNIVAL CORP PAIRED CTF COM 143658300 97 3200 SH Sole 3200
309 10200 SH Defined 7200 3000
CATERPILLAR INC DEL COM COM 149123101 3768 51027 SH Sole 43927 7100
15 200 SH Defined 200
CBL & ASSOC PPTYS INC COM 124830100 112 9879 SH Sole 8779 1100
1693 149018 SH Defined 121336 27682
CELGENE CORP COM COM 151020104 8103 130880 SH Sole 115480 15400
1288 20800 SH Defined 20800
CENTURYLINK INC COM COM 156700106 700 21131 SH Sole 15581 5550
CHEVRON CORP COM COM 166764100 2190 23650 SH Sole 14992 8658
783 8454 SH Defined 8146 308
CIENA CORP COM COM 171779309 160 14242 SH Sole 14242
CIGNA CORP COM COM 125509109 745 17775 SH Defined 17775
CISCO SYS INC COM 17275R102 2690 173538 SH Sole 155138 18400
93 6000 SH Defined 6000
CITIGROUP INC COM NEW COM 172967424 2176 84962 SH Sole 78069 6893
195 7596 SH Defined 7538 58
COCA COLA CO COM 191216100 2419 35804 SH Sole 26942 8862
3378 50000 SH Defined 41000 9000
COLGATE PALMOLIVE CO COM 194162103 5650 63709 SH Sole 50530 13179
3042 34300 SH Defined 27500 6800
COMMERCIAL METALS CO COM COM 201723103 346 36432 SH Sole 32432 4000
209 22000 SH Defined 22000
CONOCOPHILLIPS COM COM 20825C104 587 9275 SH Sole 5250 4025
323 5100 SH Defined 3300 1800
CORNING INC COM 219350105 602 48700 SH Sole 42000 6700
COVIDIEN PLC SHS COM G2554F113 51 1163 SH Sole 1163
374 8485 SH Defined 7205 1280
CSX CORP COM COM 126408103 349 18700 SH Sole 15100 3600
CVS CAREMARK CORP COM COM 126650100 981 29199 SH Sole 17167 12032
67 2000 SH Defined 2000
DANAHER CORP DEL COM COM 235851102 257 6134 SH Sole 6134
DEERE & CO COM COM 244199105 256 3971 SH Sole 1576 2395
DELL INC COM COM 24702R101 149 10570 SH Sole 10570
713 50400 SH Defined 27000 23400
DENDREON CORP COM COM 24823Q107 649 72095 SH Sole 66945 5150
27 3000 SH Defined 3000
DIRECTV COM CL A COM 25490A101 403 9529 SH Defined 6312 3217
DISNEY WALT CO COM DISNEY COM 254687106 1743 57795 SH Sole 48039 9756
841 27900 SH Defined 21300 6600
DOMINION RES INC VA COM 25746u109 685 13491 SH Sole 6791 6700
528 10400 SH Defined 7900 2500
DRYSHIPS INC SHS COM Y2109Q101 57 24400 SH Sole 21400 3000
DU PONT E I DE NEMOURS COM 263534109 3622 90630 SH Sole 78830 11800
328 8200 SH Defined 8200
DUKE ENERGY CORP COM 26441C105 504 25191 SH Sole 19107 6084
300 15000 SH Defined 11500 3500
E M C CORP MASS COM COM 268648102 674 32100 SH Sole 31100 1000
210 10000 SH Defined 10000
EL PASO CORP COM COM 28336L109 3 200 SH Sole 200
269 15400 SH Defined 15200 200
ELAN PLC ADR COM 284131208 123 11700 SH Sole 9700 2000
ELECTRONIC ARTS INC COM COM 285512109 106 5170 SH Sole 4670 500
102 5000 SH Defined 5000
ELI LILLY & COMPANY COM 532457108 7 200 SH Sole 200
1213 32800 SH Defined 24000 8800
ENBRIDGE ENERGY MNGMT (STK DIV COM 29250X103 353 12859 SH Sole 2888 9970
ENBRIDGE ENERGY PRTNRS COM COM 29250R106 682 24840 SH Sole 18640 6200
206 7500 SH Defined 6500 1000
ENERGY VISION INTL INC COM COM 29276A103 0 13200 SH Sole 13200
ENTERGY CORP NEW COM COM 29364G103 292 4398 SH Sole 3798 600
ENTERPRISE PRODS PARTN COM COM 293792107 2531 63031 SH Sole 48413 14618
803 20000 SH Defined 17647 2353
EOG RES INC COM COM 26875P101 757 10665 SH Sole 9965 700
ERICSSON L M TEL CO ADR B SEK COM 294821608 96 10090 SH Sole 10090
EXXON MOBIL CORP COM COM 30231G102 5151 70915 SH Sole 49857 21058
265 3654 SH Defined 3654
F5 NETWORKS INC COM COM 315616102 349 4915 SH Sole 4615 300
FEDERAL NATL MTG ASSN COM COM 313586109 4 17500 SH Sole 17500
FEDEX CORP COM 31428X106 485 7160 SH Sole 5860 1300
404 5975 SH Defined 4175 1800
FIRST FINL BANKSHARES COM COM 32020R109 232 8851 SH Sole 5362 3489
FIRST HORIZON NATL CP COM COM 320517105 75 12597 SH Sole 12597
FORD MTR CO DEL COM 345370860 208 21473 SH Sole 21473
GENERAL ELEC CO COM 369604103 5248 344825 SH Sole 298238 46587
618 40600 SH Defined 40200 400
GENERAL GROWTH PPTYS I COM COM 370023103 149 12306 SH Sole 12306
44 3653 SH Defined 3132 521
GENERAL MLS INC COM 370334104 496 12892 SH Sole 11392 1500
GLAXOSMITHKLINE PLC SPONSORED COM 37733W105 29 702 SH Sole 702
454 11000 SH Defined 9000 2000
GLENCORE INTERNATIONAL PLC COM 00B4T3BW6 92 13500 SH Defined 13500
GOLDMAN SACHS GROUP COM COM 38141G104 1072 11333 SH Sole 10683 650
425 4500 SH Defined 3600 900
GOODRICH CORP COM COM 382388106 2201 18242 SH Sole 17342 900
GOOGLE INC CL A COM 38259P508 461 896 SH Sole 753 143
HALLIBURTON CO COM COM 406216101 445 14593 SH Sole 14593
HEALTHSPORTS INC COM COM 42223C106 0 15000 SH Sole 15000
HERSHEY CO COM COM 427866108 549 9266 SH Sole 2991 6275
225 3800 SH Defined 3800
HEWLETT PACKARD CO COM COM 428236103 2168 96585 SH Sole 85682 10903
16 720 SH Defined 720
HOLOGIC INC COM COM 436440101 205 13500 SH Sole 8700 4800
HOME DEPOT INC COM 437076102 757 23030 SH Sole 22630 400
HONEYWELL INTL INC COM COM 438516106 4941 112523 SH Sole 99773 12750
INTEL CORP COM 458140100 4398 206136 SH Sole 176103 30033
704 33000 SH Defined 26600 6400
INTERNATIONAL BUSINESS M COM 459200101 5584 31935 SH Sole 28110 3825
2063 11800 SH Defined 11800
J P MORGAN CHASE & CO COM COM 46625H100 4778 158641 SH Sole 143683 14958
1059 35162 SH Defined 35162
JOHNSON & JOHNSON COM 478160104 4496 70596 SH Sole 51936 18660
1860 29200 SH Defined 27240 1960
KANSAS CITY SOUTHERN COM NEW COM 485170302 2233 44700 SH Sole 41900 2800
250 5000 SH Defined 5000
KELLOGG CO COM 487836108 638 12000 SH Defined 9400 2600
KIMBERLY CLARK CORP COM 494368103 440 6191 SH Sole 4191 2000
611 8600 SH Defined 5600 3000
KINDER MORGAN ENERGY UT LTD PA COM 494550106 1909 27922 SH Sole 22622 5300
670 9800 SH Defined 7800 2000
KINDER MORGAN MGMT (STK DIV) COM 49455U100 717 12214 SH Sole 6519 5695
27 460 SH Defined 460
KRAFT FOODS INC CL A COM 50075N104 1702 50692 SH Sole 32979 17713
770 22931 SH Defined 19473 3458
L-3 COMMUNICATNS HLDGS COM COM 502424104 624 10066 SH Sole 7991 2075
LAS VEGAS SANDS CORP COM COM 517834107 1737 45300 SH Sole 41000 4300
383 10000 SH Defined 10000
LAUDER ESTEE COS INC CL A COM 518439104 537 6117 SH Sole 6117
1458 16600 SH Defined 13800 2800
LIBERTY MEDIA HLDG CRP INT COM COM 53071M104 4 260 SH Sole 260
176 11938 SH Defined 7906 4032
LOWES COS INC COM COM 548661107 439 22700 SH Sole 19700 3000
MACERICH CO COM COM 554382101 78 1830 SH Sole 1291 539
840 19704 SH Defined 18172 1532
MAGELLAN MIDSTREAM PRT COM UNI COM 559080106 1250 20698 SH Sole 14266 6432
1258 20835 SH Defined 18571 2264
MANITOWOC INC COM COM 563571108 307 45800 SH Sole 40800 5000
101 15000 SH Defined 15000
MANULIFE FINL CORP COM COM 56501R106 125 11072 SH Sole 6122 4950
MARRIOTT INTL COM 571903202 308 11316 SH Sole 11316
330 12126 SH Defined 12126
MASTERCARD INC CL A COM 57636Q104 127 400 SH Sole 400
254 800 SH Defined 400 400
MEAD JOHNSON NUTRI CO COM CL A COM 582839106 304 4418 SH Sole 4418
447 6500 SH Defined 5750 750
MEDCO HEALTH SOLUTIONS COM COM 58405U102 1073 22881 SH Sole 21579 1302
1395 29742 SH Defined 27502 2240
MERCK & CO INC NEW COM COM 58933Y105 462 14125 SH Sole 5985 8140
1595 48779 SH Defined 44089 4690
METLIFE INC COM COM 59156R108 353 12604 SH Sole 10104 2500
151 5400 SH Defined 4000 1400
MGM RESORTS INTERNATIO COM COM 552953101 830 89350 SH Sole 82950 6400
139 15000 SH Defined 15000
MICROSOFT CORP COM COM 594918104 2735 109892 SH Sole 95342 14550
309 12400 SH Defined 12400
MONSANTO CO NEW COM COM 61166W101 1026 17082 SH Sole 15812 1270
193 3216 SH Defined 1854 1362
MORGAN STANLEY COM NEW COM 617446448 135 9960 SH Sole 9960
100 7408 SH Defined 6608 800
NEWTEK BUSINESS SVCS COM COM 652526104 14 10000 SH Sole 10000
NEXTERA ENERGY INC COM COM 65339F101 352 6520 SH Sole 3220 3300
174 3220 SH Defined 3220
NORDSTROM INC COM COM 655664100 471 10310 SH Sole 9410 900
NORFOLK SOUTHERN CORP COM 655844108 565 9255 SH Sole 6955 2300
119 1950 SH Defined 1950
NVIDIA CORP COM COM 67066G104 532 42500 SH Sole 39450 3050
150 12000 SH Defined 12000
OCCIDENTAL PETRO CORP DEL COM 674599105 208 2912 SH Sole 2912
ONEOK PARTNERS LP UNIT LTD PAR COM 68268N103 1390 29816 SH Sole 25016 4800
746 16000 SH Defined 14000 2000
ORACLE CORP COM COM 68389X105 388 13508 SH Sole 11508 2000
PEABODY ENERGY CORP COM COM 704549104 642 18950 SH Sole 16550 2400
136 4000 SH Defined 4000
PEPSICO INC COM 713448108 5526 89268 SH Sole 67634 21634
1697 27420 SH Defined 25580 1840
PETRA DIAMONDS LIMITED SHS COM G70278109 17 10000 SH Sole 10000
PFIZER INC COM 717081103 2650 149900 SH Sole 134984 14916
575 32520 SH Defined 32100 420
PHILIP MORRIS INTL INC COM COM 718172109 4413 70750 SH Sole 47941 22809
1734 27800 SH Defined 22800 5000
PLAINS ALL AM PIPELINE UNIT LT COM 726503105 999 16954 SH Sole 14100 2854
PNC FINL SVCS GROUP COM COM 693475105 290 6025 SH Sole 6025
226 4700 SH Defined 4000 700
PRAXAIR INC COM COM 74005P104 563 6022 SH Sole 6022
159 1700 SH Defined 1700
PROCTER & GAMBLE CO COM 742718109 4742 75048 SH Sole 37648 37400
1557 24650 SH Defined 18410 6240
PULTE HOMES INC COM COM 745867101 86 21783 SH Sole 21783
REGENERON PHARMACEUTICALS COM 75886F107 4237 72805 SH Sole 62305 10500
233 4000 SH Defined 4000
REPUBLIC SVCS INC COM COM 760759100 445 15870 SH Sole 10470 5400
RETRACTABLE TECHNOLS COM COM 76129W105 20 15000 SH Sole 15000
SABINE ROYALTY TR COM 785688102 217 3450 SH Sole 3300 150
189 3000 SH Defined 3000
SAN JUAN BASIN RTY TR UNIT BEN COM 798241105 312 13600 SH Sole 13600
SANDISK CORP COM COM 80004C101 4961 122940 SH Sole 111590 11350
250 6200 SH Defined 6200
SANGAMO BIOSCIENCES COM COM 800677106 321 73824 SH Sole 68324 5500
22 5000 SH Defined 5000
SCHLUMBERGER LTD COM 806857108 1357 22723 SH Sole 20823 1900
SCHOLASTIC CORP COM COM 807066105 308 11000 SH Defined 9000 2000
SIMON PPTY GROUP NEW COM COM 828806109 536 4874 SH Sole 3558 1316
2200 20008 SH Defined 17433 2575
SOUTHERN CO COM COM 842587107 225 5300 SH Sole 3500 1800
21 500 SH Defined 500
SOUTHERN UN CO NEW COM COM 844030106 20 500 SH Sole 500
490 12076 SH Defined 9976 2100
SOUTHWEST AIRLS CO COM 844741108 7267 903814 SH Sole 860080 43734
458 56980 SH Defined 56980
SPECTRA ENERGY CORP COM COM 847560109 151 6146 SH Sole 5146 1000
258 10500 SH Defined 7000 3500
ST JUDE MED INC COM COM 790849103 136 3750 SH Sole 2450 1300
87 2400 SH Defined 2400
STANLEY BLACK & DECKER COM COM 854502101 29 600 SH Sole 600
501 10200 SH Defined 10200
STARBUCKS CORP COM COM 855244109 498 13350 SH Sole 13350
SYMANTEC CORP COM COM 871503108 709 43470 SH Sole 37470 6000
TAUBMAN CTRS INC COM COM 876664103 503 10000 SH Defined 10000
TE CONNECTIVITY LTD REG SHS COM H84989104 39 1386 SH Sole 1386
227 8052 SH Defined 6772 1280
TEREX CORP NEW COM COM 880779103 156 15180 SH Sole 14180 1000
TEVA PHARMACEUTCL INDS ADR COM 881624209 231 6208 SH Sole 5708 500
TEXAS INSTRS INC COM COM 882508104 565 21209 SH Sole 18904 2305
47 1750 SH Defined 1250 500
THERMO FISHER SCIENTIF COM COM 883556102 1533 30265 SH Sole 24515 5750
298 5875 SH Defined 5375 500
TIME WARNER INC COM COM 887317303 385 12846 SH Sole 10226 2620
186 6200 SH Defined 6200
TOYOTA MOTOR CORP SP ADR REP2C COM 892331307 396 5800 SH Sole 5800
TYCO INTERNATIONAL LTD SHS COM H89128104 567 13913 SH Sole 10163 3750
463 11364 SH Defined 10084 1280
UNDER ARMOUR INC CL A COM 904311107 2967 44675 SH Sole 40575 4100
UNITED HEALTHCARE CORP COM 91324P102 2010 43585 SH Sole 38185 5400
1637 35500 SH Defined 31500 4000
UNITED PARCEL SERVICE CL B COM 911312106 243 3851 SH Sole 3251 600
44 700 SH Defined 500 200
UNITED TECHNOLOGIES CORP COM 913017109 1720 24440 SH Sole 19340 5100
32 450 SH Defined 450
VERIZON COMMUNICATIONS COM COM 92343V104 383 10406 SH Sole 5731 4675
VERTEX PHARMACEUTICALS COM COM 92532F100 316 7100 SH Sole 6700 400
VIACOM INC CL B COM 92553P201 4 100 SH Sole 100
346 8928 SH Defined 6174 2754
VISA INC COM CL A COM 92826C839 1694 19763 SH Sole 18613 1150
1324 15450 SH Defined 12650 2800
VISEON INC COM COM 928297100 0 12000 SH Sole 12000
VODAFONE GROUP PLC NEW SPONS A COM 92857W209 5 189 SH Sole 189
258 10059 SH Defined 9403 656
WAL MART STORES INC COM 931142103 5918 114033 SH Sole 104333 9700
322 6200 SH Defined 6000 200
WALGREEN CO COM COM 931422109 276 8393 SH Sole 1793 6600
WEATHERFORD INTL LTD REG COM H27013103 286 23450 SH Sole 21050 2400
WELLPOINT HEALTH NETWK (NEW) COM 94973V107 343 5253 SH Sole 3553 1700
WELLS FARGO & COMPANY COM 949746101 1083 44921 SH Sole 44121 800
342 14183 SH Defined 14183
WESTERN UN CO COM COM 959802109 8 500 SH Sole 500
305 19920 SH Defined 19920
WILLIAMS COS INC DEL COM COM 969457100 646 26534 SH Sole 18534 8000
2 100 SH Defined 100
WILLIAMS PARTNERS L P COM UNIT COM 96950F104 402 7415 SH Sole 5815 1600
WINDSTREAM CORP COM COM 97381W104 210 18010 SH Sole 2895 15115
XEROX CORP COM COM 984121103 1333 191230 SH Sole 172580 18650
84 12000 SH Defined 12000
YAHOO INC COM COM 984332106 152 11525 SH Sole 11525
YUM BRANDS INC COM 988498101 240 4862 SH Sole 2250 2612
ZIMMER HLDGS INC COM COM 98956p102 55 1020 SH Sole 1020
270 5040 SH Defined 4360 680
ISHARES TR DJ HOME CONSTN 464288752 126 14080.000 SH Sole 14080.000
ISHARES TR DJ OIL&GAS EXP 464288851 628 12272.000 SH Sole 11072.000 1200.000
ISHARES TR DJ US FINL SVC 464287770 958 23310.000 SH Sole 21960.000 1350.000
8 200.000 SH Defined 200.000
ISHARES TR MSCI EAFE IDX 464287465 728 15235.029 SH Sole 12029.000 3206.029
ISHARES TR MSCI EMERG MKT 464287234 864 24610.000 SH Sole 24510.000 100.000
11 300.000 SH Defined 300.000
ISHARES TR NASDQ BIO INDX 464287556 784 8400.000 SH Sole 8140.000 260.000
ISHARES TR PHLX SOX SEMICND 464287523 320 6970.000 SH Sole 6870.000 100.000
ISHARES TR RUSSELL MIDCAP 464287499 420 4763.000 SH Sole 4763.000
ISHARES TR S&P500 GRW 464287309 422 6884.000 SH Sole 6884.000
ISHARES TR US PFD STK IDX 464288687 376 10550.000 SH Sole 10550.000
POWERSHARES ETF TRUST WATER RE 73935X575 297 19740.000 SH Sole 19740.000
POWERSHARES INDIA ETF INDIA PO 73935L100 326 17905.000 SH Sole 16905.000 1000.000
POWERSHARES QQQ TRUST UNIT SER 73935A104 1519 28940.000 SH Sole 28340.000 600.000
31 600.000 SH Defined 600.000
SELECT SECTOR SPDR TR SBI MATE 81369Y100 336 11435.000 SH Sole 10635.000 800.000
SPDR INDEX SHS FDS ASIA PACIF 78463X301 478 7435.000 SH Sole 7435.000
SPDR INDEX SHS FDS DJWS INTL R 78463X863 1117 34850.000 SH Sole 33450.000 1400.000
UNITED STATES NATL GAS UNIT NE 912318110 93 10375.000 SH Sole 10375.000
VANGUARD INDEX FDS MID CAP ETF 922908629 365 5600.000 SH Sole 4000.000 1600.000
VANGUARD INDEX FDS SM CP VAL E 922908611 216 3886.000 SH Sole 3886.000
VANGUARD INDEX FDS SMALL CP ET 922908751 363 5917.000 SH Sole 4317.000 1600.000
VANGUARD INDEX FDS SML CP GRW 922908595 560 8379.000 SH Sole 8379.000
VANGUARD INDEX FDS VALUE ETF 922908744 267 5673.000 SH Sole 5673.000
VANGUARD INTL EQTY IDX EMR MKT 922042858 1676 46770.000 SH Sole 37670.000 9100.000
3 75.000 SH Defined 75.000
VANGUARD TAX-MANAGED EUROPE PA 921943858 384 12730.000 SH Sole 10330.000 2400.000
WISDOMTREE TRUST DEFA FD 97717W703 672 16876.000 SH Sole 12076.000 4800.000
BANK OF AMERICA CORP PFD 1/120 060505583 486 36450 SH Sole 34050 2400
BANK OF AMERICA CORP PFD PER1/ 060505815 335 25000 SH Sole 25000
GOLDMAN SACHS GROUP IN PFD 1/1 38144X609 910 48450 SH Sole 48450
GOLDMAN SACHS GROUP IN SHS D 1 38144G804 481 26450 SH Sole 26450
GOLDMAN SACHS GROUP PFD A 1/10 38143Y665 3127 168742 SH Sole 157300 11442
19 1000 SH Defined 1000
METLIFE INC PFD A FLT RATE 59156R504 603 25557 SH Sole 18557 7000
5 200 SH Defined 200
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 333
Form 13F Information Table Value Total: $295,537 (x1000)
List of Other Included Managers: N/A