0000837286-12-000003.txt : 20120201 0000837286-12-000003.hdr.sgml : 20120201 20120201151813 ACCESSION NUMBER: 0000837286-12-000003 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20111231 FILED AS OF DATE: 20120201 DATE AS OF CHANGE: 20120201 EFFECTIVENESS DATE: 20120201 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: 12562426 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 o13f123111.txt U.S.SECURITIES AND EXCHANGE COMMISSION FORM 13F-HR FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 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 February 1, 2012 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 381 4666 SH Sole 2466 2200 ABBOTT LABS COM 002824100 380 6752 SH Sole 5152 1600 1125 20000 SH Defined 16000 4000 AFLAC INC COM COM 001055102 151 3499 SH Sole 499 3000 82 1900 SH Defined 1200 700 ALLOS THERAPEUTICS INC COM COM 019777101 153 107500 SH Sole 100000 7500 28 20000 SH Defined 20000 ALLSTATE CORP COM 020002101 65 2374 SH Sole 1034 1340 292 10662 SH Defined 9862 800 ALTRIA GROUP INC COM COM 02209S103 1838 62003 SH Sole 39894 22109 815 27500 SH Defined 22500 5000 AMERICAN CAMPUS CMNTYS COM COM 024835100 512 12200 SH Sole 12200 105 2500 SH Defined 2500 AMERICAN EXPRESS CO COM 025816109 704 14930 SH Sole 13420 1510 478 10125 SH Defined 10125 AMGEN COM 031162100 7436 115808 SH Sole 99733 16075 1460 22740 SH Defined 22740 ANADARKO PETE CORP COM COM 032511107 424 5550 SH Sole 5250 300 APACHE CORP COM COM 037411105 2572 28400 SH Sole 23650 4750 272 3000 SH Defined 3000 APPLE INC COM COM 037833100 7056 17421 SH Sole 15408 2013 1863 4600 SH Defined 4600 AT&T INC COM COM 00206R102 2114 69897 SH Sole 58313 11584 BANCFIRST CORP COM COM 05945F103 225 6000 SH Sole 6000 BANK OF AMERICA CORP COM COM 060505104 1560 280537 SH Sole 254225 26312 385 69245 SH Defined 67048 2197 BAXTER INTL INC COM 071813109 104 2100 SH Sole 2100 396 8000 SH Defined 8000 BELO CORP COM SER B COM 080555204 72 12000 SH Defined 8000 4000 BLACKSTONE GROUP L P COM UNIT COM 09253U108 164 11700 SH Sole 11700 75 5350 SH Defined 3850 1500 BOEING CO COM 097023105 1864 25413 SH Sole 22288 3125 408 5560 SH Defined 5560 BOSTON PROPERTIES INC COM COM 101121101 438 4400 SH Sole 2900 1500 1544 15500 SH Defined 11000 4500 BRISTOL MYERS SQUIBB COM 110122108 2614 74187 SH Sole 57079 17108 1945 55200 SH Defined 48400 6800 BUCKEYE PARTNERS L P UNIT LTD COM 118230101 361 5650 SH Sole 2250 3400 BUILD A BEAR WORKSHOP COM COM 120076104 173 20500 SH Sole 20500 CAMPBELL SOUP CO COM 134429109 2 53 SH Sole 53 399 12000 SH Defined 9400 2600 CAPITAL & COUNTIES PROPERTIES COM 9EQ2DO0I4 50 27200 SH Sole 27200 CAPITAL SHOPPING CENTRES GROUP COM 486799000 85 27200 SH Sole 27200 CARNIVAL CORP PAIRED CTF COM 143658300 104 3200 SH Sole 3200 333 10200 SH Defined 7200 3000 CATERPILLAR INC DEL COM COM 149123101 4603 50802 SH Sole 43702 7100 18 200 SH Defined 200 CBL & ASSOC PPTYS INC COM 124830100 155 9879 SH Sole 8779 1100 2340 149018 SH Defined 121336 27682 CBS CORP NEW CL B COM 124857202 201 7403 SH Defined 6362 1041 CELGENE CORP COM COM 151020104 8361 123680 SH Sole 108280 15400 1406 20800 SH Defined 20800 CENTURYLINK INC COM COM 156700106 885 23781 SH Sole 17231 6550 CHEVRON CORP COM COM 166764100 2621 24637 SH Sole 15943 8694 900 8454 SH Defined 8146 308 CIENA CORP COM COM 171779309 211 17442 SH Sole 17442 CIGNA CORP COM COM 125509109 732 17425 SH Defined 17425 CISCO SYS INC COM 17275R102 2951 163213 SH Sole 144813 18400 108 6000 SH Defined 6000 CITIGROUP INC COM NEW COM 172967424 2180 82874 SH Sole 76431 6443 177 6723 SH Defined 6665 58 COACH INC COM COM 189754104 206 3375 SH Sole 1375 2000 COCA COLA CO COM 191216100 2526 36104 SH Sole 27242 8862 3498 50000 SH Defined 41000 9000 COLGATE PALMOLIVE CO COM 194162103 5570 60289 SH Sole 47310 12979 3169 34300 SH Defined 27500 6800 COMMERCIAL METALS CO COM COM 201723103 479 34632 SH Sole 32432 2200 304 22000 SH Defined 22000 CONOCOPHILLIPS COM COM 20825C104 676 9275 SH Sole 5250 4025 372 5100 SH Defined 3300 1800 CONSOLIDATED EDISON COM COM 209115104 183 2950 SH Sole 2050 900 19 300 SH Defined 300 CORNING INC COM 219350105 482 37100 SH Sole 30400 6700 COVIDIEN PLC SHS COM G2554F113 20 442 SH Sole 442 349 7764 SH Defined 6484 1280 CSX CORP COM COM 126408103 431 20450 SH Sole 16850 3600 CVS CAREMARK CORP COM COM 126650100 1185 29049 SH Sole 17017 12032 82 2000 SH Defined 2000 DANAHER CORP DEL COM COM 235851102 289 6134 SH Sole 6134 DEERE & CO COM COM 244199105 307 3973 SH Sole 1578 2395 DELL INC COM COM 24702R101 387 26460 SH Sole 26460 737 50400 SH Defined 27000 23400 DENDREON CORP COM COM 24823Q107 694 91370 SH Sole 84220 7150 23 3000 SH Defined 3000 DIRECTV COM CL A COM 25490A101 407 9529 SH Defined 6312 3217 DISNEY WALT CO COM DISNEY COM 254687106 2081 55483 SH Sole 45727 9756 1046 27900 SH Defined 21300 6600 DOMINION RES INC VA COM 25746u109 716 13491 SH Sole 6791 6700 552 10400 SH Defined 7900 2500 DRYSHIPS INC SHS COM Y2109Q101 48 23850 SH Sole 20850 3000 DU PONT E I DE NEMOURS COM 263534109 4170 91090 SH Sole 79290 11800 375 8200 SH Defined 8200 DUKE ENERGY CORP COM 26441C105 592 26891 SH Sole 20807 6084 330 15000 SH Defined 11500 3500 E M C CORP MASS COM COM 268648102 687 31900 SH Sole 30900 1000 215 10000 SH Defined 10000 EL PASO CORP COM COM 28336L109 5 200 SH Sole 200 409 15400 SH Defined 15200 200 ELAN PLC ADR COM 284131208 161 11700 SH Sole 9700 2000 ELI LILLY & COMPANY COM 532457108 50 1200 SH Sole 1200 1363 32800 SH Defined 24000 8800 ENBRIDGE ENERGY MNGMT (STK DIV COM 29250X103 568 16334 SH Sole 6189 10145 ENBRIDGE ENERGY PRTNRS COM COM 29250R106 914 27540 SH Sole 21140 6400 249 7500 SH Defined 6500 1000 ENERGY TRANSFER EQUITY COM UT COM 29273V100 259 6375 SH Sole 2375 4000 ENERGY VISION INTL INC COM COM 29276A103 0 13200 SH Sole 13200 ENTERGY CORP NEW COM COM 29364G103 317 4343 SH Sole 3743 600 ENTERPRISE PRODS PARTN COM COM 293792107 2906 62651 SH Sole 48033 14618 928 20000 SH Defined 17647 2353 EOG RES INC COM COM 26875P101 1051 10665 SH Sole 9965 700 ERICSSON L M TEL CO ADR B SEK COM 294821608 102 10090 SH Sole 10090 EXXON MOBIL CORP COM COM 30231G102 6015 70968 SH Sole 49876 21091 267 3154 SH Defined 3154 F5 NETWORKS INC COM COM 315616102 471 4435 SH Sole 4135 300 FEDERAL NATL MTG ASSN COM COM 313586109 4 17500 SH Sole 17500 FEDEX CORP COM 31428X106 594 7110 SH Sole 5810 1300 499 5975 SH Defined 4175 1800 FIRST FINL BANKSHARES COM COM 32020R109 296 8851 SH Sole 5362 3489 FIRST HORIZON NATL CP COM COM 320517105 101 12597 SH Sole 12597 FORD MTR CO DEL COM 345370860 217 20159 SH Sole 20159 GENERAL ELEC CO COM 369604103 6241 348464 SH Sole 301833 46631 727 40600 SH Defined 40200 400 GENERAL GROWTH PPTYS I COM COM 370023103 185 12306 SH Sole 12306 55 3653 SH Defined 3132 521 GENERAL MLS INC COM 370334104 497 12292 SH Sole 10792 1500 GLAXOSMITHKLINE PLC SPONSORED COM 37733W105 45 977 SH Sole 977 502 11000 SH Defined 9000 2000 GLENCORE INTERNATIONAL PLC COM 00B4T3BW6 85 13500 SH Defined 13500 GOLDMAN SACHS GROUP COM COM 38141G104 1010 11173 SH Sole 10523 650 407 4500 SH Defined 3600 900 GOOGLE INC CL A COM 38259P508 566 876 SH Sole 733 143 HALLIBURTON CO COM COM 406216101 504 14593 SH Sole 14593 HEALTHSPORTS INC COM COM 42223C106 0 15000 SH Sole 15000 HERSHEY CO COM COM 427866108 535 8666 SH Sole 2391 6275 235 3800 SH Defined 3800 HEWLETT PACKARD CO COM COM 428236103 2583 100265 SH Sole 89162 11103 19 720 SH Defined 720 HOLOGIC INC COM COM 436440101 198 11300 SH Sole 6500 4800 HOME DEPOT INC COM 437076102 989 23530 SH Sole 23130 400 HONEYWELL INTL INC COM COM 438516106 6097 112183 SH Sole 99433 12750 INTEL CORP COM 458140100 4917 202780 SH Sole 172747 30033 800 33000 SH Defined 26600 6400 INTERNATIONAL BUSINESS M COM 459200101 5524 30040 SH Sole 26215 3825 2144 11660 SH Defined 11660 J & J SNACK FOODS CORP COM COM 466032109 213 4000 SH Sole 4000 J P MORGAN CHASE & CO COM COM 46625H100 5294 159219 SH Sole 144261 14958 1169 35162 SH Defined 35162 JOHNSON & JOHNSON COM 478160104 4416 67335 SH Sole 48675 18660 1876 28600 SH Defined 26640 1960 KANSAS CITY SOUTHERN COM NEW COM 485170302 2969 43650 SH Sole 40850 2800 340 5000 SH Defined 5000 KELLOGG CO COM 487836108 607 12000 SH Defined 9400 2600 KIMBERLY CLARK CORP COM 494368103 465 6316 SH Sole 4316 2000 633 8600 SH Defined 5600 3000 KINDER MORGAN ENERGY UT LTD PA COM 494550106 2377 27985 SH Sole 22685 5300 833 9800 SH Defined 7800 2000 KINDER MORGAN MGMT (STK DIV) COM 49455U100 769 9797 SH Sole 6443 3354 37 468 SH Defined 468 KRAFT FOODS INC CL A COM 50075N104 1894 50686 SH Sole 32973 17713 857 22931 SH Defined 19473 3458 L-3 COMMUNICATNS HLDGS COM COM 502424104 631 9466 SH Sole 7391 2075 LAS VEGAS SANDS CORP COM COM 517834107 1919 44900 SH Sole 40600 4300 427 10000 SH Defined 10000 LAUDER ESTEE COS INC CL A COM 518439104 687 6117 SH Sole 6117 1865 16600 SH Defined 13800 2800 LIBERTY MEDIA CORPORAT LIB CAP COM 530322106 251 3218 SH Defined 2131 1087 LIBERTY MEDIA HLDG CRP INT COM COM 53071M104 4 260 SH Sole 260 194 11938 SH Defined 7906 4032 LOWES COS INC COM COM 548661107 576 22700 SH Sole 19700 3000 MACERICH CO COM COM 554382101 93 1830 SH Sole 1291 539 997 19704 SH Defined 18172 1532 MAGELLAN MIDSTREAM PRT COM UNI COM 559080106 1405 20396 SH Sole 14064 6332 1435 20835 SH Defined 18571 2264 MANITOWOC INC COM COM 563571108 425 46300 SH Sole 41300 5000 138 15000 SH Defined 15000 MANULIFE FINL CORP COM COM 56501R106 118 11072 SH Sole 6122 4950 MARRIOTT INTL COM 571903202 301 10307 SH Sole 10307 354 12126 SH Defined 12126 MASTERCARD INC CL A COM 57636Q104 149 400 SH Sole 400 298 800 SH Defined 400 400 MCDONALDS CORP COM 580135101 211 2105 SH Sole 1755 350 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 1201 21481 SH Sole 20179 1302 1663 29742 SH Defined 27502 2240 MERCK & CO INC NEW COM COM 58933Y105 653 17325 SH Sole 9185 8140 1839 48779 SH Defined 44089 4690 METLIFE INC COM COM 59156R108 414 13289 SH Sole 10789 2500 168 5400 SH Defined 4000 1400 MGM RESORTS INTERNATIO COM COM 552953101 963 92300 SH Sole 85900 6400 156 15000 SH Defined 15000 MICROSOFT CORP COM COM 594918104 2798 107792 SH Sole 93242 14550 322 12400 SH Defined 12400 MONSANTO CO NEW COM COM 61166W101 1153 16457 SH Sole 15187 1270 225 3216 SH Defined 1854 1362 MORGAN STANLEY COM NEW COM 617446448 124 8210 SH Sole 8210 112 7408 SH Defined 6608 800 NEWTEK BUSINESS SVCS COM COM 652526104 11 10000 SH Sole 10000 NEXTERA ENERGY INC COM COM 65339F101 385 6320 SH Sole 3020 3300 196 3220 SH Defined 3220 NORDSTROM INC COM COM 655664100 457 9200 SH Sole 8300 900 NORFOLK SOUTHERN CORP COM 655844108 634 8695 SH Sole 6395 2300 142 1950 SH Defined 1950 NVIDIA CORP COM COM 67066G104 570 41150 SH Sole 38100 3050 166 12000 SH Defined 12000 OCCIDENTAL PETRO CORP DEL COM 674599105 215 2297 SH Sole 2297 ONEOK PARTNERS LP UNIT LTD PAR COM 68268N103 1698 29416 SH Sole 24616 4800 924 16000 SH Defined 14000 2000 ORACLE CORP COM COM 68389X105 355 13833 SH Sole 9833 4000 PEABODY ENERGY CORP COM COM 704549104 738 22300 SH Sole 19300 3000 166 5000 SH Defined 5000 PEPSICO INC COM 713448108 5711 86075 SH Sole 64441 21634 1819 27420 SH Defined 25580 1840 PETRA DIAMONDS LIMITED SHS COM G70278109 18 10000 SH Sole 10000 PFIZER INC COM 717081103 3207 148205 SH Sole 131689 16516 704 32520 SH Defined 32100 420 PHILIP MORRIS INTL INC COM COM 718172109 5578 71079 SH Sole 48270 22809 2182 27800 SH Defined 22800 5000 PLAINS ALL AM PIPELINE UNIT LT COM 726503105 1275 17354 SH Sole 14500 2854 PNC FINL SVCS GROUP COM COM 693475105 326 5660 SH Sole 5660 271 4700 SH Defined 4000 700 PRAXAIR INC COM COM 74005P104 644 6022 SH Sole 6022 182 1700 SH Defined 1700 PROCTER & GAMBLE CO COM 742718109 4929 73884 SH Sole 36484 37400 1641 24600 SH Defined 18360 6240 PULTE HOMES INC COM COM 745867101 137 21783 SH Sole 21783 REGENERON PHARMACEUTICALS COM 75886F107 3964 71505 SH Sole 61005 10500 222 4000 SH Defined 4000 REPUBLIC SVCS INC COM COM 760759100 419 15205 SH Sole 10205 5000 RETRACTABLE TECHNOLS COM COM 76129W105 21 17500 SH Sole 17500 ROYAL DUTCH SHELL PLC SPONS AD COM 780259206 106 1454 SH Sole 1054 400 117 1600 SH Defined 1600 SABINE ROYALTY TR COM 785688102 218 3450 SH Sole 3300 150 189 3000 SH Defined 3000 SAN JUAN BASIN RTY TR UNIT BEN COM 798241105 310 13600 SH Sole 13600 SANDISK CORP COM COM 80004C101 5617 114140 SH Sole 102790 11350 305 6200 SH Defined 6200 SANGAMO BIOSCIENCES COM COM 800677106 159 55900 SH Sole 50700 5200 14 5000 SH Defined 5000 SCHLUMBERGER LTD COM 806857108 1605 23498 SH Sole 21298 2200 SCHOLASTIC CORP COM COM 807066105 330 11000 SH Defined 9000 2000 SIMON PPTY GROUP NEW COM COM 828806109 597 4629 SH Sole 3313 1316 2580 20008 SH Defined 17433 2575 SOUTHERN CO COM COM 842587107 245 5300 SH Sole 3500 1800 23 500 SH Defined 500 SOUTHERN UN CO NEW COM COM 844030106 21 500 SH Sole 500 509 12076 SH Defined 9976 2100 SOUTHWEST AIRLS CO COM 844741108 7606 888561 SH Sole 844827 43734 488 56980 SH Defined 56980 SPECTRA ENERGY CORP COM COM 847560109 189 6146 SH Sole 5146 1000 323 10500 SH Defined 7000 3500 ST JUDE MED INC COM COM 790849103 141 4100 SH Sole 2800 1300 82 2400 SH Defined 2400 STANLEY BLACK & DECKER COM COM 854502101 41 600 SH Sole 600 690 10200 SH Defined 10200 STARBUCKS CORP COM COM 855244109 623 13550 SH Sole 13550 SYMANTEC CORP COM COM 871503108 767 48980 SH Sole 42980 6000 TAUBMAN CTRS INC COM COM 876664103 621 10000 SH Defined 10000 TE CONNECTIVITY LTD REG SHS COM H84989104 20 665 SH Sole 665 248 8052 SH Defined 6772 1280 TEREX CORP NEW COM COM 880779103 185 13730 SH Sole 12730 1000 TEVA PHARMACEUTCL INDS ADR COM 881624209 269 6659 SH Sole 6159 500 TEXAS INSTRS INC COM COM 882508104 606 20809 SH Sole 18504 2305 51 1750 SH Defined 1250 500 THERMO FISHER SCIENTIF COM COM 883556102 1315 29240 SH Sole 23490 5750 264 5875 SH Defined 5375 500 TIME WARNER INC COM COM 887317303 398 11012 SH Sole 8392 2620 224 6200 SH Defined 6200 TOYOTA MOTOR CORP SP ADR REP2C COM 892331307 367 5545 SH Sole 5545 TYCO INTERNATIONAL LTD SHS COM H89128104 641 13727 SH Sole 9977 3750 531 11364 SH Defined 10084 1280 UNDER ARMOUR INC CL A COM 904311107 2806 39092 SH Sole 35215 3877 UNITED HEALTHCARE CORP COM 91324P102 2062 40685 SH Sole 35285 5400 1799 35500 SH Defined 31500 4000 UNITED PARCEL SERVICE CL B COM 911312106 304 4151 SH Sole 3551 600 51 700 SH Defined 500 200 UNITED TECHNOLOGIES CORP COM 913017109 1781 24365 SH Sole 19265 5100 33 450 SH Defined 450 VERIZON COMMUNICATIONS COM COM 92343V104 498 12406 SH Sole 7731 4675 VERTEX PHARMACEUTICALS COM COM 92532F100 601 18100 SH Sole 15900 2200 33 1000 SH Defined 1000 VIACOM INC CL B COM 92553P201 405 8928 SH Defined 6174 2754 VISA INC COM CL A COM 92826C839 1953 19238 SH Sole 18088 1150 1569 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 189 282 10059 SH Defined 9403 656 WAL MART STORES INC COM 931142103 6839 114435 SH Sole 104735 9700 371 6200 SH Defined 6000 200 WALGREEN CO COM COM 931422109 234 7093 SH Sole 1293 5800 WEATHERFORD INTL LTD REG COM H27013103 301 20550 SH Sole 18150 2400 WELLPOINT HEALTH NETWK (NEW) COM 94973V107 348 5253 SH Sole 3553 1700 WELLS FARGO & COMPANY COM 949746101 1190 43177 SH Sole 42377 800 391 14183 SH Defined 14183 WESTERN UN CO COM COM 959802109 9 500 SH Sole 500 364 19920 SH Defined 19920 WILLIAMS COS INC DEL COM COM 969457100 869 26309 SH Sole 18309 8000 267 8100 SH Defined 8000 100 WILLIAMS PARTNERS L P COM UNIT COM 96950F104 431 7190 SH Sole 5590 1600 WINDSTREAM CORP COM COM 97381W104 195 16615 SH Sole 1500 15115 XEROX CORP COM COM 984121103 1599 200930 SH Sole 182280 18650 96 12000 SH Defined 12000 YAHOO INC COM COM 984332106 171 10600 SH Sole 10600 YUM BRANDS INC COM 988498101 287 4862 SH Sole 2250 2612 ZIMMER HLDGS INC COM COM 98956p102 54 1020 SH Sole 1020 269 5040 SH Defined 4360 680 ISHARES TR DJ HOME CONSTN 464288752 163 13700.000 SH Sole 13700.000 ISHARES TR DJ OIL&GAS EXP 464288851 806 13122.000 SH Sole 11922.000 1200.000 ISHARES TR DJ US FINL SVC 464287770 1040 22965.000 SH Sole 21615.000 1350.000 9 200.000 SH Defined 200.000 ISHARES TR MSCI EAFE IDX 464287465 746 15054.754 SH Sole 11829.000 3225.754 ISHARES TR MSCI EMERG MKT 464287234 879 23160.000 SH Sole 23060.000 100.000 11 300.000 SH Defined 300.000 ISHARES TR NASDQ BIO INDX 464287556 826 7915.000 SH Sole 7655.000 260.000 ISHARES TR PHLX SOX SEMICND 464287523 339 6870.000 SH Sole 6770.000 100.000 ISHARES TR RUSSELL MIDCAP 464287499 469 4763.000 SH Sole 4763.000 ISHARES TR S&P500 GRW 464287309 464 6884.000 SH Sole 6884.000 ISHARES TR US PFD STK IDX 464288687 201 5650.000 SH Sole 5650.000 POWERSHARES ETF TRUST WATER RE 73935X575 313 18590.000 SH Sole 18590.000 POWERSHARES INDIA ETF INDIA PO 73935L100 291 17855.000 SH Sole 16855.000 1000.000 POWERSHARES QQQ TRUST UNIT SER 73935A104 1584 28365.564 SH Sole 27765.564 600.000 33 600.000 SH Defined 600.000 SELECT SECTOR SPDR TR SBI MATE 81369Y100 356 10640.000 SH Sole 9840.000 800.000 SPDR INDEX SHS FDS ASIA PACIF 78463X301 600 9085.000 SH Sole 9085.000 SPDR INDEX SHS FDS DJWS INTL R 78463X863 1127 35400.000 SH Sole 34000.000 1400.000 VANGUARD INDEX FDS MID CAP ETF 922908629 403 5600.000 SH Sole 4000.000 1600.000 VANGUARD INDEX FDS SM CP VAL E 922908611 244 3886.000 SH Sole 3886.000 VANGUARD INDEX FDS SMALL CP ET 922908751 412 5917.000 SH Sole 4317.000 1600.000 VANGUARD INDEX FDS SML CP GRW 922908595 632 8279.000 SH Sole 8279.000 VANGUARD INDEX FDS VALUE ETF 922908744 298 5673.000 SH Sole 5673.000 VANGUARD INTL EQTY IDX EMR MKT 922042858 1888 49420.000 SH Sole 40520.000 8900.000 3 75.000 SH Defined 75.000 VANGUARD TAX-MANAGED EUROPE PA 921943858 390 12730.000 SH Sole 10330.000 2400.000 WISDOMTREE TRUST DEFA FD 97717W703 663 16206.000 SH Sole 11406.000 4800.000 BANK OF AMERICA CORP PFD 1/120 060505583 513 34900 SH Sole 32500 2400 BANK OF AMERICA CORP PFD PER1/ 060505815 400 25000 SH Sole 25000 GOLDMAN SACHS GROUP IN PFD 1/1 38144X609 844 48450 SH Sole 48450 GOLDMAN SACHS GROUP IN SHS D 1 38144G804 451 26250 SH Sole 26250 GOLDMAN SACHS GROUP PFD A 1/10 38143Y665 2813 168742 SH Sole 157300 11442 17 1000 SH Defined 1000 METLIFE INC PFD A FLT RATE 59156R504 562 25557 SH Sole 18557 7000 4 200 SH Defined 200
FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 342 Form 13F Information Table Value Total: $325,841 (x1000) List of Other Included Managers: N/A