0000884423-11-000012.txt : 20111114 0000884423-11-000012.hdr.sgml : 20111111 20111114091237 ACCESSION NUMBER: 0000884423-11-000012 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110930 FILED AS OF DATE: 20111114 DATE AS OF CHANGE: 20111114 EFFECTIVENESS DATE: 20111114 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SALEM INVESTMENT COUNSELORS INC CENTRAL INDEX KEY: 0000884423 IRS NUMBER: 561225913 STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-03405 FILM NUMBER: 111198185 BUSINESS ADDRESS: STREET 1: POP BOX 25427 CITY: WINSTON SALEM STATE: NC ZIP: 27114-5427 BUSINESS PHONE: 3367687230 MAIL ADDRESS: STREET 1: PO BOX 25427 CITY: WINSTON-SALEM STATE: NC ZIP: 27114-5427 13F-HR 1 dm09301113f-hrb.txt 3RD QTR 13F-HR 2011 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: September 30, 2011 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holding entries Salem Investment Counselors, Inc. Name of Institutional Investment Manager 480 Shepherd Street Winston-Salem NC 27103 Business Address (Street) (City) (State) (Zip) Dale M. Brown, Vice President 336.768.7230 Name, Phone No.,and Title of Person Duly Authorized to Submit This Report. ATTENTION INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL CRIMINAL VIOLATIONS. See 18 U.S.C. AND 15 U.S.C. 78ff(a) The institutional investment manager submitting this Form and its attachments and the person by whom it is signed represent hereby that all information contained therein is true, correct and complete. It is understood that all required items, statements and schedules are considered integral parts of this Form and that the submission of any amendment represents that all unamended items, statements and schedules remain true, correct and complete as previously submitted. Pursuant to the requirements of the Securities Exchange Act of 1934, the undersigned institutional investment manager has caused this report to be signed on its behalf in the City of Winston-Salem and State of North Carolina on the 11th day of November, 2011. Salem Investment Counselors, Inc. (Name of Institutional Investment Manager) /s/ DALE M. BROWN (Manual Signature of Person Duly Authorized To Submit This Report) Name and 13F file numbers of all Institutional Investment Managers with respect to which this schedule is filed (other than the one filing this report): (List in alphabetical order). 13F File Numbers will be assigned to Institutional Investment Managers after they file their first report. Name: 13F File No.: Name: <13F File No.: 1. 6. 2. 7. 3. 8. 4. 9. 5. 10. 2 FORM 13F SUMMARY PAGE REPORT SUMMARY: NUMBER OF OTHER INCLUDED MANAGERS: 0 FORM 13F INFORMATION TABLE ENTRY: 271 FORM 13F INFORMATION TABLE VALUE TOTAL: $468,246,829 3 FORM 13F Name of Reporting Manager: Salem Investment Counselors, Inc.
Item 1 Name of Issuer Item 2 Title of Class Item 3 Cusip Number Item 4 Fair Market Value Item 5 Shares of Principal Amount (a) Sole 3M Company Abbott Labs Accenture PLC CL A Activision Blizzard, Inc. Akamai Technologies Alcoa, Inc. Alexco Resource Corp. Allergan, Inc. Alliance Holdings GP LP Alliance One International ALR Technologies, Inc. Altria Group, Inc. Amazon Com, Inc. American Electric Power Company American Express Company Amex Health Care SPDR common common common common common common common common common common common common common common common common 88579Y101 002824100 G1151C101 00507V109 00971T101 13817101 01535P106 18490102 01861G100 18772103 001630102 02209S103 023135106 025537101 25816109 81369Y209 $9,504,565 $3,790,906 $6,766,799 $735,444 $258,838 $607,217 $135,600 $313,703 $879,800 $207,395 $12,800 $877,599 $259,476 $235,458 $281,074 $210,814 132,394 74,128 128,451 61,802 13,020 63,450 20,000 3,808 20,000 84,998 160,000 32,734 1,200 6,193 6,260 6,644 132,394 74,128 128,451 61,802 13,020 63,450 20,000 3,808 20,000 84,998 160,000 32,734 1,200 6,193 6,260 6,644
Item 1 Name of Issuer Item 6 (b) Shares as defined in Instr. V. Item 7 Managers See Instr. V. (a) Sole Item 8 (b) Shared (c) None 3M Company Abbott Labs Accenture PLC CL A Activision Blizzard, Inc. Akamai Technologies Alcoa, Inc. Alexco Resource Corp. Allergan, Inc. Alliance Holdings GP LP Alliance One International ALR Technologies, Inc. Altria Group, Inc. Amazon Com, Inc. American Electric Power Company American Express Company Amex Health Care SPDR 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 132,394 74,128 128,451 61,802 13,020 63,450 20,000 3,808 20,000 84,998 160,000 32,734 1,200 6,193 6,260 6,644 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
4 Angeion Corp. Apache Corp. Apple Computer AT&T Corp. Automatic Data Processing, Inc. Baidu, Inc. ADR Balchem Corp. Bank of America Corp. Bank of the Carolinas Barrick Gold Corp. Baxter International, Inc. BB&T Corporation Becton Dickinson & Co. Berkshire Hathaway, Inc. CL B Berkshire Hathaway, Inc. DEL CL A BHP Billiton Ltd. ADR Bioclinica, Inc. common common common common common common common common common common common common common common common common common 03462H404 37411105 037833100 00206R102 53015103 056752108 057665200 60505104 06425J102 67901108 71813109 54937107 075887109 084670207 84670108 88606108 09071B100 $57,558 $4,462,227 $19,154,848 $2,037,434 $511,153 $358,149 $6,449,742 $2,506,999 $6,902 $387,195 $267,676 $6,698,011 $483,912 $12,851,136 $1,922,400 $3,289,976 $114,861 12,650 55,611 50,233 71,439 10,841 3,350 172,869 409,640 13,023 8,300 4,768 314,018 6,600 180,900 18 49,518 23,830 12,650 55,611 50,233 71,439 10,841 3,350 172,869 409,640 13,023 8,300 4,768 314,018 6,600 180,900 18 49,518 23,830
Angeion Corp. Apache Corp. Apple Computer AT&T Corp. Automatic Data Processing, Inc. Baidu, Inc. ADR Balchem Corp. Bank of America Corp. Bank of the Carolinas Barrick Gold Corp. Baxter International, Inc. BB&T Corporation Becton Dickinson & Co. Berkshire Hathaway, Inc. CL B Berkshire Hathaway, Inc. DEL CL A BHP Billiton Ltd. ADR Bioclinica, Inc. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 12,650 55,611 50,233 71,439 10,841 3,350 172,869 409,640 13,023 8,300 4,768 314,018 6,600 180,900 18 49,518 23,830 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
5 Biodelivery Sci International, Inc. Blue Coat Systems Boardwalk Pipeline Partners Booz Allen Hamilton Holding Co. BP PLC Sponsored ADR Breitburn Energy Partners LP Bristol Myers Squibb Co. Buckeye Partners LP Calumet Specialty Products Canadian Nat. Res. Ltd. Capital Bank Corp. Capital One Financial Corp. Cass Information Systems, Inc. Caterpillar, Inc. Cato Corporation CenturyLink, Inc. Chesapeake Energy Corp. common common common common common common common common common common common common common common common common common 09060J106 09534T508 096627104 099502106 55622104 106776107 110122108 118230101 131476103 136385101 139793103 14040H105 14808P109 149123101 149205106 156700106 165167107 $23,980 $1,126,348 $1,615,320 $743,500 $529,399 $775,292 $656,344 $900,144 $1,236,620 $556,130 $100,169 $500,923 $374,401 $7,945,479 $1,856,598 $204,715 $386,801 22,000 81,149 63,000 50,000 14,677 44,557 20,916 14,400 73,000 19,000 48,158 12,640 12,058 107,604 82,296 6,181 15,139 22,000 81,149 63,000 50,000 14,677 44,557 20,916 14,400 73,000 19,000 48,158 12,640 12,058 107,604 82,296 6,181 15,139
Biodelivery Sci International, Inc. Blue Coat Systems Boardwalk Pipeline Partners Booz Allen Hamilton Holding Co. BP PLC Sponsored ADR Breitburn Energy Partners LP Bristol Myers Squibb Co. Buckeye Partners LP Calumet Specialty Products Canadian Nat. Res. Ltd. Capital Bank Corp. Capital One Financial Corp. Cass Information Systems, Inc. Caterpillar, Inc. Cato Corporation CenturyLink, Inc. Chesapeake Energy Corp. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 22,000 81,149 63,000 50,000 14,677 44,557 20,916 14,400 73,000 19,000 48,158 12,640 12,058 107,604 82,296 6,181 15,139 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
6 Chevron Corporation Cisco Systems, Inc. Citigroup, Inc. Coach, Inc. Coca-Cola Company Colgate-Palmolive Co. Concepts Direct ConocoPhillips Credit Suisse ETN Crexus Investment Corp. Curis, Inc. CVS Caremark Corp. Data I/O Corp. DCP Midstream Partners LP Dentsply Intl. Inc. New Devon Energy Corp. Disney, Walt Company common common common common common common common common common common common common common common common common common 166764100 17275R102 172967101 189754104 191216100 194162103 206013104 20825C104 22542D852 226553105 231269101 126650100 237690102 23311P100 249030107 25179M103 254687106 $1,983,370 $5,535,190 $673,803 $315,645 $5,109,833 $4,393,385 $1,885 $2,810,302 $435,996 $222,000 $31,600 $2,265,746 $145,250 $1,168,584 $368,280 $6,806,258 $887,398 21,421 357,109 26,305 6,090 75,634 49,542 18,850 44,383 19,800 25,000 10,000 67,453 35,000 29,200 12,000 122,768 29,423 21,421 357,109 26,305 6,090 75,634 49,542 18,850 44,383 19,800 25,000 10,000 67,453 35,000 29,200 12,000 122,768 29,423
Chevron Corporation Cisco Systems, Inc. Citigroup, Inc. Coach, Inc. Coca-Cola Company Colgate-Palmolive Co. Concepts Direct ConocoPhillips Credit Suisse ETN Crexus Investment Corp. Curis, Inc. CVS Caremark Corp. Data I/O Corp. DCP Midstream Partners LP Dentsply Intl. Inc. New Devon Energy Corp. Disney, Walt Company 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 21,421 357,109 26,305 6,090 75,634 49,542 18,850 44,383 19,800 25,000 10,000 67,453 35,000 29,200 12,000 122,768 29,423 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
7 Dover Corporation Duke Energy Corporation Dupont de nemours E.I. Easylink Services Intl. CL A Eaton Corp El Paso Pipeline Partners LP Emagin Corp. EMC Corp. MASS Emerson Electric Encore Energy Partners LP Endeavour Silver Corp. Energy Transfer Equity LP Energy Transfer Partners LP Enterprise Products Partners Exactech, Inc. Exterran Partners LP Exxon Mobile Corporation common common common common common common common common common common common common common common common common common 260003108 264399106 263534109 277858106 278058102 283702108 29076N206 268648102 291011104 29257A106 29258Y103 29273V100 29273R109 293792107 30064 109 30225N105 302290101 $1,906,406 $1,619,230 $204,646 $131,493 $330,008 $2,376,490 $43,861 $837,816 $804,099 $1,347,840 $420,264 $347,800 $2,062,803 $2,073,748 $281,600 $986,400 $8,355,355 40,910 81,002 5,120 30,298 9,296 67,000 16,677 39,915 19,465 72,000 46,800 10,000 50,300 51,650 20,000 45,000 115,040 40,910 81,002 5,120 30,298 9,296 67,000 16,677 39,915 19,465 72,000 46,800 10,000 50,300 51,650 20,000 45,000 115,040
Dover Corporation Duke Energy Corporation Dupont de nemours E.I. Easylink Services Intl. CL A Eaton Corp El Paso Pipeline Partners LP Emagin Corp. EMC Corp. MASS Emerson Electric Encore Energy Partners LP Endeavour Silver Corp. Energy Transfer Equity LP Energy Transfer Partners LP Enterprise Products Partners Exactech, Inc. Exterran Partners LP Exxon Mobile Corporation 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 40,910 81,002 5,120 30,298 9,296 67,000 16,677 39,915 19,465 72,000 46,800 10,000 50,300 51,650 20,000 45,000 115,040 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
8 F5 Networks, Inc. Fidelity National Info. Services Fidus Investment Corp. First Citizens Bancshares CL A FNB United Corp. Ford Motor Company Freeport McMoran Copper & Gold Gamestop Corp. General Dynamics Corp. General Electric Company Glaxo Smith Kline PLC Goldman Sachs Group, Inc. Google, Inc. CL A Green Mountain Coffee Roaster Harold's Stores Hatteras Financial Corp. Hawkins, Inc. common common common common common common common common common common common common common common common common common 315616102 31620M106 316500107 31946M103 302519103 345370860 35671D857 36467W109 369550108 369604103 37733W105 38141G104 38259P508 393122106 413353202 41902R103 420261109 $259,333 $573,952 $223,699 $739,231 $5,191 $100,462 $1,883,942 $547,932 $306,239 $8,071,014 $248,607 $2,945,989 $6,526,587 $1,864,283 $29 $966,144 $476,645 3,650 23,600 17,768 5,150 17,302 10,389 61,870 23,720 5,383 530,290 6,021 31,158 12,672 20,059 22,455 38,400 14,970 3,650 23,600 17,768 5,150 17,302 10,389 61,870 23,720 5,383 530,290 6,021 31,158 12,672 20,059 22,455 38,400 14,970
F5 Networks, Inc. Fidelity National Info. Services Fidus Investment Corp. First Citizens Bancshares CL A FNB United Corp. Ford Motor Company Freeport McMoran Copper & Gold Gamestop Corp. General Dynamics Corp. General Electric Company Glaxo Smith Kline PLC Goldman Sachs Group, Inc. Google, Inc. CL A Green Mountain Coffee Roaster Harold's Stores Hatteras Financial Corp. Hawkins, Inc. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3,650 23,600 17,768 5,150 17,302 10,389 61,870 23,720 5,383 530,290 6,021 31,158 12,672 20,059 22,455 38,400 14,970 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
9 Hewlet-Packard Company Highwood Properties, Inc. REIT Home Depot, Inc. Hubbell Inc. Class B Huntington Bancshares, Inc. IAMGOLD Corp. Inergy LP ING Emerging Markets Integramed America Intel Corp International Business Machines Ipath MSCI India ETN Ipath US Treasury 10-Year Iridium Communications Inc. Irobot Corp. Ishares Dow Jones Select Div. Fund Ishares FTSE XINHUA common common common common common common common common common common common common common common common common common 428236103 431284108 437076102 443510201 446150104 450913108 456615103 45685X104 45810N302 458140100 459200101 06739F291 06740L451 46269C102 462726100 464287168 464287184 $516,103 $927,182 $264,801 $550,439 $425,856 $557,598 $500,400 $1,224,118 $130,673 $7,417,262 $7,128,226 $894,224 $343,300 $251,100 $324,816 $312,209 $1,836,358 22,989 32,809 8,056 11,111 88,720 28,190 20,000 91,148 16,753 347,657 40,763 16,612 10,000 40,500 12,910 6,472 59,564 22,989 32,809 8,056 11,111 88,720 28,190 20,000 91,148 16,753 347,657 40,763 16,612 10,000 40,500 12,910 6,472 59,564
Hewlet-Packard Company Highwood Properties, Inc. REIT Home Depot, Inc. Hubbell Inc. Class B Huntington Bancshares, Inc. IAMGOLD Corp. Inergy LP ING Emerging Markets Integramed America Intel Corp International Business Machines Ipath MSCI India ETN Ipath US Treasury 10-Year Iridium Communications Inc. Irobot Corp. Ishares Dow Jones Select Div. Fund Ishares FTSE XINHUA 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 22,989 32,809 8,056 11,111 88,720 28,190 20,000 91,148 16,753 347,657 40,763 16,612 10,000 40,500 12,910 6,472 59,564 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
10 Ishares Gold Trust Ishares Iboxx Investor Ishares Lehman Treasury Ishares MSCI Brazil Free Index Fund Ishares MSCI Eafe Index Ishares MSCI Emerging Ishares MSCI Hong Kong Ishares MSCI Japan Index Ishares MSCI Pacific Ex-Jap Indx Fd Ishares S&P GLB ERG Sect Ishares S&P Midcap 400 Index Ishares S&P Smallcap 600 Index Ishares TR Iboxx $ High Yield Corp. Ishares TR RUS 2000 I FD Ishares TR Russell 1000 Growth Ishares TR Russell Mdcap Indx Fund Ishares TR S&P Citigrp 1-3 Yr, Intl. common common common common common common common common common common common common common common common common common 464285105 464287242 464287176 464286400 464287465 464287234 464286871 464286848 464286665 464287341 464287507 464287804 464288513 464287655 464287614 464287499 464288125 $595,208 $206,089 $2,928,551 $317,261 $1,672,730 $6,160,957 $478,952 $851,400 $219,370 $537,516 $725,551 $219,701 $671,671 $1,325,673 $215,052 $2,786,935 $1,246,230 37,600 1,835 25,622 6,100 35,009 175,551 33,423 90,000 5,966 16,200 9,303 3,753 8,109 20,617 4,090 31,580 12,200 37,600 1,835 25,622 6,100 35,009 175,551 33,423 90,000 5,966 16,200 9,303 3,753 8,109 20,617 4,090 31,580 12,200
Ishares Gold Trust Ishares Iboxx Investor Ishares Lehman Treasury Ishares MSCI Brazil Free Index Fund Ishares MSCI Eafe Index Ishares MSCI Emerging Ishares MSCI Hong Kong Ishares MSCI Japan Index Ishares MSCI Pacific Ex-Jap Indx Fd Ishares S&P GLB ERG Sect Ishares S&P Midcap 400 Index Ishares S&P Smallcap 600 Index Ishares TR Iboxx $ High Yield Corp. Ishares TR RUS 2000 I FD Ishares TR Russell 1000 Growth Ishares TR Russell Midcp Indx Fund Ishares TR S&P Citigrp 1-3 Yr, Intl. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 37,600 1,835 25,622 6,100 35,009 175,551 33,423 90,000 5,966 16,200 9,303 3,753 8,109 20,617 4,090 31,580 12,200 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
11 Ishares TS and P500 I F Johnson & Johnson Kellogg Company Kimberly-Clark Corp Kinder Morgan Energy Partners LP Kinder Morgan Hold Co. LLC Kraft Foods, Inc. CL A Krispy Kreme Doughnuts, Inc. Lab CP of America Holding New Lender Processing Services Linn Energy Lowes Companies Inc. Magellan Midstream Partners Market Vectors ETF Brazil Small Market Vectors ETF Jr Gold Miners Market Vectors ETF TR Global Market Vectors ETF TR Gold Miners common common common common common common common common common common common common common common common common common 464287200 478160104 487836108 494368103 494550106 49456B101 50075N104 501014104 50540R409 52602 E102 536020100 548661107 559080106 57060U613 57060U589 57060U605 57060U100 $3,915,254 $12,232,270 $6,145,839 $213,030 $2,971,111 $284,013 $527,911 $84,568 $339,915 $164,965 $1,258,798 $7,566,219 $1,516,161 $1,435,700 $575,808 $2,193,058 $1,502,989 34,438 192,060 115,545 3,000 43,450 10,970 15,721 12,400 4,300 12,050 35,300 391,221 25,102 36,625 20,455 50,730 27,233 34,438 192,060 115,545 3,000 43,450 10,970 15,721 12,400 4,300 12,050 35,300 391,221 25,102 36,625 20,455 50,730 27,233
Ishares TS and P500 I F Johnson & Johnson Kellogg Company Kimberly-Clark Corp Kinder Morgan Energy Partners LP Kinder Morgan Hold Co. LLC Kraft Foods, Inc. CL A Krispy Kreme Doughnuts, Inc. Lab CP of America Holding New Lender Processing Services Linn Energy Lowes Companies Inc. Magellan Midstream Partners Market Vectors ETF Brazil Small Market Vectors ETF Jr Gold Miners Market Vectors ETF TR Global Market Vectors ETF TR Gold Miners 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 34,438 192,060 115,545 3,000 43,450 10,970 15,721 12,400 4,300 12,050 35,300 391,221 25,102 36,625 20,455 50,730 27,233 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
12 McDonalds Corporation Medco Health Solutions, Inc. Mediware Information Sys. Medtronic, Inc. Merck & Co. Methode Electronics, Inc. Class A Mettler-Toledo International, Inc. Microsoft Corporation Morgan, JP Chase & Co. Morgan, JP Exch Trded NT Alrian MLP Mosaic Company National Presto Industries, Inc. Natural Resource Partners LP Newbridge Bancorp Newcastle Invt. Corp. Nextera Energy, Inc. Nokia Corp. common common common common common common common common common common common common common common common common common 580135101 58405U102 584946107 585055106 58933Y105 591520200 592688105 594918104 46625H100 46625H365 61945A107 6706D8104 63900P103 65080T102 65105M108 65339F101 654902204 $7,467,949 $693,175 $114,400 $1,460,067 $5,666,550 $133,740 $1,035,704 $12,126,134 $3,227,177 $783,252 $2,743,397 $2,040,473 $634,000 $90,484 $407,000 $268,479 $135,812 85,037 14,783 10,000 43,925 173,289 18,000 7,400 487,189 107,144 23,003 56,022 23,478 25,000 23,201 100,000 4,970 23,995 85,037 14,783 10,000 43,925 173,289 18,000 7,400 487,189 107,144 23,003 56,022 23,478 25,000 23,201 100,000 4,970 23,995
McDonalds Corporation Medco Health Solutions, Inc. Mediware Information Sys. Medtronic, Inc. Merck & Co. Methode Electronics, Inc. Class A Mettler-Toledo International, Inc. Microsoft Corporation Morgan, JP Chase & Co. Morgan, JP Exch Trded NT Alrian MLP Mosaic Company National Presto Industries, Inc. Natural Resource Partners LP Newbridge Bancorp Newcastle Invt. Corp. Nextera Energy, Inc. Nokia Corp. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 85,037 14,783 10,000 43,925 173,289 18,000 7,400 487,189 107,144 23,003 56,022 23,478 25,000 23,201 100,000 4,970 23,995 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
13 Norfolk Southern Corp. NovaGold Resources, Inc. Novartis A G Spon ADR F Nuveen Energy MLP Total Return Occidental Pete. Corp. Old Dominion Freight Lines Old Rep. Intl. Corp. Oracle Corp. Path 1 Network Techs. Penn Virginia Resource Partners LP PennyMac Mortgage Investment Reit Pepsico, Inc. Perrigo Company Petrobakken Energy Ltd. Petroleo Brasileiro Petroleum & Res. Corp. Pfizer, Inc. common common common common common common common common common common common common common common common common common 655844108 66987E206 66987V109 67074U103 674599105 679580100 680223104 68389X105 703186205 707884102 70931T103 713448108 714290103 71645A109 71654V408 716549100 717081103 $262,752 $288,399 $498,528 $759,500 $594,594 $215,595 $310,568 $2,420,224 $38 $2,246,376 $795,000 $18,855,978 $712,787 $162,713 $945,549 $226,381 $3,679,473 4,306 44,713 8,939 50,000 8,316 7,442 34,817 84,211 29,000 96,040 50,000 304,620 7,340 25,000 42,118 10,008 208,115 4,306 44,713 8,939 50,000 8,316 7,442 34,817 84,211 29,000 96,040 50,000 304,620 7,340 25,000 42,118 10,008 208,115
Norfolk Southern Corp. NovaGold Resources, Inc. Novartis A G Spon ADR F Nuveen Energy MLP Total Return Occidental Pete. Corp. Old Dominion Freight Lines Old Rep. Intl. Corp. Oracle Corp. Path 1 Network Techs. Penn Virginia Resource Partners LP PennyMac Mortgage Investment Reit Pepsico, Inc. Perrigo Company Petrobakken Energy Ltd. Petroleo Brasileiro Petroleum & Res. Corp. Pfizer, Inc. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4,306 44,713 8,939 50,000 8,316 7,442 34,817 84,211 29,000 96,040 50,000 304,620 7,340 25,000 42,118 10,008 208,115 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
14 Philip Morris International, Inc. Piedmont Natural Gas Pimco Corporate Opportunity Fund Pioneer Natural Res. Co. Plains All American Pipeline LP Powershares QQQ TR Unit Ser 1 Praxair, Inc. Procter & Gamble Progress Energy, Inc. Proshares Short MSCI EAFE Proshares Short MSCI Emerging Prospect Capital Corporation Qualcomm, Inc. Regions Financial Corp. Response Cap Corp. RLJ Lodging Trust Ruddick Corp. common common common common common common common common common common common common common common common common common 718172109 720186105 72201B101 723787107 726503105 73935A104 74005P104 742718109 743263105 74347R370 74347R396 74348T102 747525103 758940100 76120W302 74965L101 781258108 $7,606,867 $204,917 $198,480 $328,850 $883,800 $271,688 $361,300 $12,969,906 $473,807 $559,100 $381,200 $420,500 $8,192,210 $50,729 $375,000 $135,362 $977,986 121,944 7,093 12,000 5,000 15,000 5,176 3,865 205,285 9,161 10,000 10,000 50,000 168,460 15,234 75,000 10,600 25,083 121,944 7,093 12,000 5,000 15,000 5,176 3,865 205,285 9,161 10,000 10,000 50,000 168,460 15,234 75,000 10,600 25,083
Philip Morris International, Inc. Piedmont Natural Gas Pimco Corporate Opportunity Fund Pioneer Natural Res. Co. Plains All American Pipeline LP Powershares QQQ TR Unit Ser 1 Praxair, Inc. Procter & Gamble Progress Energy, Inc. Proshares Short MSCI EAFE Proshares Short MSCI Emerging Prospect Capital Corporation Qualcomm, Inc. Regions Financial Corp. Response Cap Corp. RLJ Lodging Trust Ruddick Corp. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 121,944 7,093 12,000 5,000 15,000 5,176 3,865 205,285 9,161 10,000 10,000 50,000 168,460 15,234 75,000 10,600 25,083 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
15 Rydex S&P Equal Wt. ETF S P D R Trust Unit Saic, Inc. Sara Lee Corporation SCBT Finanical Corp. Schlumberger Ltd. SCHW Emerging Market EQ ETF Sempra Energy Sequans Commun. ADR Silver Wheaton Corporation Solar Enertech Corp. Solar Senior Capital Ltd. Solutia, Inc. Sonoco Products Southern Community Financial Southern Copper Corp. SPDR DJ Wilshire Int'l Real Est ETF common common common common common common common common common common common common common common common common common 78355W106 78462F103 78390X101 803111103 78401V102 806857108 808524706 816851109 817323108 828336107 834156101 83416M105 834376501 835495102 842632101 84265V105 78463X863 $376,823 $1,801,574 $719,217 $205,062 $389,574 $202,664 $993,278 $201,777 $146,835 $428,645 $300 $214,350 $218,630 $3,673,513 $36,791 $647,241 $254,637 9,102 15,922 60,899 12,542 15,785 3,393 45,710 3,918 29,250 14,555 10,000 15,000 17,014 130,128 31,992 25,900 7,945 9,102 15,922 60,899 12,542 15,785 3,393 45,710 3,918 29,250 14,555 10,000 15,000 17,014 130,128 31,992 25,900 7,945
Rydex S&P Equal Wt. ETF S P D R Trust Unit Saic, Inc. Sara Lee Corporation SCBT Finanical Corp. Schlumberger Ltd. SCHW Emerging Market EQ ETF Sempra Energy Sequans Commun. ADR Silver Wheaton Corporation Solar Enertech Corp. Solar Senior Capital Ltd. Solutia, Inc. Sonoco Products Southern Community Financial Southern Copper Corp. SPDR DJ Wilshire Int'l Real Est ETF 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9,102 15,922 60,899 12,542 15,785 3,393 45,710 3,918 29,250 14,555 10,000 15,000 17,014 130,128 31,992 25,900 7,945 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
16 SPDR Gold Trust SPDR S&P China ETF SPDR S&P Midcap 400 ETF SPDR Ser TR S&P Dividends ETF Spectra Energy Corp. St. Jude Medical, Inc. Starwood Property Trust - Reit Stericycle, Inc. Stryker Corporation Sunoco Logistics Partners LP Sysco Corporation Targa Resources Partners LP Target Corporation Teekay Tankers Ltd. Teva Pharmaceutical Tiffany & Company Toyota Motor CP ADR common common common common common common common common common common common common common common common common common 78463V107 78463X400 78467Y107 78464A763 847560109 790849103 85571B105 858912108 863667101 86764L108 871829107 87611X105 87612E106 Y8565N102 881624209 886547108 892331307 $1,896,720 $2,304,953 $340,401 $223,087 $1,739,447 $2,632,642 $858,000 $1,107,075 $432,041 $884,900 $7,074,689 $1,676,880 $374,273 $71,760 $4,919,256 $1,145,058 $2,474,152 12,000 41,300 2,395 4,595 70,911 72,745 50,000 13,715 9,167 10,000 273,154 51,000 7,632 15,600 132,167 18,827 36,246 12,000 41,300 2,395 4,595 70,911 72,745 50,000 13,715 9,167 10,000 273,154 51,000 7,632 15,600 132,167 18,827 36,246
SPDR Gold Trust SPDR S&P China ETF SPDR S&P Midcap 400 ETF SPDR Ser TR S&P Dividends ETF Spectra Energy Corp. St. Jude Medical, Inc. Starwood Property Trust - Reit Stericycle, Inc. Stryker Corporation Sunoco Logistics Partners LP Sysco Corporation Targa Resources Partners LP Target Corporation Teekay Tankers Ltd. Teva Pharmaceutical Tiffany & Company Toyota Motor CP ADR 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 12,000 41,300 2,395 4,595 70,911 72,745 50,000 13,715 9,167 10,000 273,154 51,000 7,632 15,600 132,167 18,827 36,246 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
17 Travelcenters of America LLC Triangle Capital Corp. Tupperware Brands Corp. UltraShort Lehman 20+YR Proshares Unifirst Corporation - Mass Unilever PLC ADR Union Pacific Corp. United Technologies Corp. Vale SA ADR Vanguard S&P 500 ETF Vanguard Bond Index Vanguard Dividend Apprec. ETF Vanguard Emerging Markets Vipers Vanguard Growth ETF Vanguard Mega Cap 300 Growth Vanguard Mid-Cap ETF Vanguard Reit common common common common common common common common common common common common common common common common common 894174101 895848109 899896104 74347R297 904708104 904767704 907818108 913017109 91912E105 922908413 921937819 921908844 922042858 922908736 921910816 922908629 922908553 $35,300 $913,200 $263,326 $194,400 $675,727 $446,017 $449,430 $7,720,603 $3,419,339 $3,762,900 $1,308,141 $386,423 $4,126,551 $302,076 $722,816 $655,948 $269,472 10,000 60,000 4,900 10,000 14,920 14,300 5,503 109,730 149,971 72,699 14,928 7,925 115,170 5,400 16,605 10,076 5,297 10,000 60,000 4,900 10,000 14,920 14,300 5,503 109,730 149,971 72,699 14,928 7,925 115,170 5,400 16,605 10,076 5,297
Travelcenters of America LLC Triangle Capital Corp. Tupperware Brands Corp. UltraShort Lehman 20+YR Proshares Unifirst Corporation - Mass Unilever PLC ADR Union Pacific Corp. United Technologies Corp. Vale SA ADR Vanguard S&P 500 ETF Vanguard Bond Index Vanguard Dividend Apprec. ETF Vanguard Emerging Markets Vipers Vanguard Growth ETF Vanguard Mega Cap 300 Growth Vanguard Mid-Cap ETF Vanguard Reit 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 10,000 60,000 4,900 10,000 14,920 14,300 5,503 109,730 149,971 72,699 14,928 7,925 115,170 5,400 16,605 10,076 5,297 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
18 Vanguard Small Cap Vanguard Total Stock Market Verifone Systems, Inc. Verizon Communications VF Corporation Virnetx Holding Corp. VMWare, Inc. Walgreen Company Wal-Mart Stores, Inc. Walter Energy, Inc. Wells Fargo & Co. Western Gas Partners LP Whiting Petroleum Corp. Williams Partners LP Wisdomtree TR Emrging SCAP Fnd Yum Brands, Inc. Zimmer Holdings, Inc. common common common common common common common common common common common common common common common common common 922908751 922908769 92342Y109 92343V104 918204108 92823T108 928563402 931422109 931142103 93317Q105 949746101 958254104 966387102 96950F104 97717W281 988498101 98956P102 $598,393 $264,011 $293,993 $350,851 $1,753,898 $314,340 $479,065 $522,885 $8,802,188 $346,858 $1,593,054 $506,550 $223,810 $819,024 $328,417 $301,279 $1,151,745 9,751 4,574 8,395 9,534 14,433 20,970 5,960 15,898 169,599 5,780 66,047 15,000 6,380 15,100 8,495 6,100 21,536 9,751 4,574 8,395 9,534 14,433 20,970 5,960 15,898 169,599 5,780 66,047 15,000 6,380 15,100 8,495 6,100 21,536 Grand Total 09/30/11 $468,246,829
Vanguard Small Cap Vanguard Total Stock Market Verifone Systems, Inc. Verizon Communications VF Corporation Virnetx Holding Corp. VMWare, Inc. Walgreen Company Wal-Mart Stores, Inc. Walter Energy, Inc. Wells Fargo & Co. Western Gas Partners LP Whiting Petroleum Corp. Williams Partners LP Wisdomtree TR Emrging SCAP Fnd Yum Brands, Inc. Zimmer Holdings, Inc. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9,751 4,574 8,395 9,534 14,433 20,970 5,960 15,898 169,599 5,780 66,047 15,000 6,380 15,100 8,495 6,100 21,536 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0