-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, EderbNcZcbnk+WiV1Z+F9UXgBPeQ+swG2rxnscZ1ZLpSkm4ABrS/HXIFtyH7Q2EA AS0IgDXBpXcz1tNElLDTHw== 0001310929-06-000015.txt : 20060515 0001310929-06-000015.hdr.sgml : 20060515 20060515131615 ACCESSION NUMBER: 0001310929-06-000015 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20060331 FILED AS OF DATE: 20060515 DATE AS OF CHANGE: 20060515 EFFECTIVENESS DATE: 20060515 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Willis Investment Counsel CENTRAL INDEX KEY: 0001310929 IRS NUMBER: 581396624 STATE OF INCORPORATION: GA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-11914 FILM NUMBER: 06838910 BUSINESS ADDRESS: STREET 1: WACHOVIA CENTER SUITE 500 STREET 2: 340 JESSE JEWELL PARKWAY CITY: GAINESVILLE STATE: GA ZIP: 30501 BUSINESS PHONE: 770-718-0706 MAIL ADDRESS: STREET 1: WACHOVIA CENTER SUITE 500 STREET 2: 340 JESSE JEWELL PARKWAY CITY: GAINESVILLE STATE: GA ZIP: 30501 13F-HR 1 form13f.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington DC 20549 FORM 13F Report for the Calendar year or Quarter Ended: March 31, 2006 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: Willis Investment Counsel, Inc. Address: 710 Green Street Gainesville, Georgia 30501 13F File Number: The institutional 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: Robert T. Willis, Jr. Title: Chief Investment Officer and Partner Phone: 770-718-0706 Signature Place and Date of Signing Robert T. Willis, Jr. Gainesville, Georgia May 12, 2006 Report Type (check only one): [X] 13F HOLDINGS REPORT [ ] 13F NOTICE [ ] 13F COMBINATION REPORT FORM 13F SUMMARY PAGE Report Summary: Number of other Included Managers: 0 Form 13F Information Table entry Total: 53 Form 13F Information Table Value Total: 121923 List of Other Included Managers: None FORM 13F INFORMATION TABLE ISSUER TITLE CUSIP VALUE SHARES SH/PRN PUT/CALL DSCRETN OTHER VOTING AUTHORITY SOLE SHARED NONE Alltel COM 020039103 1656 25575 SH SOLE 4980 20595 AIG COM 026874107 1779 26924 SH SOLE 5300 21624 Altira COM 02209S103 327 4620 SH SOLE 0 4620 American Pwr COM 029066107 2478 107238 SH SOLE 22708 84530 AT&T Inc. COM 001957505 3415 126304 SH SOLE 25790 100514 BP PLC SPON ADR 055622104 529 7678 SH SOLE 0 7678 B of A COM 060505104 270 9166 SH SOLE 0 9166 Bank of NY COM 064057102 3432 95236 SH SOLE 19115 76121 Bristol Myers COM 110122108 4876 198116 SH SOLE 38305 159811 Caterpillar COM 149123101 287 4000 SH SOLE 0 4000 Coca Cola COM 191216100 3057 73022 SH SOLE 13530 59492 Deere COM 244199105 217 2750 SH SOLE 0 2750 Dow Jones COM 260561105 1400 35630 SH SOLE 7170 28560 Duke Energy COM 254687106 3585 122973 SH SOLE 26800 96173 Eastman Kodak COM 264399106 2419 85040 SH SOLE 23481 61559 Eli Lilly COM 277461109 2460 44476 SH SOLE 8890 35586 Exxon Mobil COM 30231G102 701 10326 SH SOLE 0 10326 Fed. Nat'l Mtg COM 313586109 1037 20170 SH SOLE 3640 16530 Ford Mtr PFD TR CV6.5% 345395206 1879 62525 SH SOLE 12995 49530 Fortune Bnd COM 349631101 339 4200 SH SOLE 0 4200 GB & T COM 361462104 430 19230 SH SOLE 0 19230 Gallaher COM 363595109 244 4200 SH SOLE 0 4200 GE COM 369604103 6125 176120 SH SOLE 25690 150430 Hewlett Pkd COM 428236103 3378 102662 SH SOLE 20105 82557 Home Depot COM 437076102 3359 79411 SH SOLE 15452 63959 IBM COM 459044103 2386 28930 SH SOLE 3810 25120 Intel Corp COM 458140100 3547 182296 SH SOLE 40130 142166 Janus COM 47102X105 2310 99704 SH SOLE 20460 79244 Johnson&Johnson COM 478160104 299 5051 SH SOLE 0 5051 Marsh&Mclennan COM 571748102 2391 81435 SH SOLE 16655 64780 McDonalds Corp COM 580135101 1957 56970 SH SOLE 11369 45601 Merck & Co COM 589331107 4809 136496 SH SOLE 28035 108461 Microsoft Corp COM 594918104 3075 113025 SH SOLE 22430 90595 New York Times CL A 650111107 1371 54150 SH SOLE 10860 43290 Nokia Corp COM 654902204 5549 267793 SH SOLE 49590 218203 Northern Trust COM 665859104 3687 70236 SH SOLE 14145 56091 Pfizer Inc COM 717081103 3886 155953 SH SOLE 31414 124539 Pitney Bowes COM 724479100 1492 34756 SH SOLE 6865 27891 Regions Fin COM 7591EP100 1198 34072 SH SOLE 0 34072 Safeway COM 786514208 4023 160170 SH SOLE 33200 126970 Schering-Plough COM 806605101 3833 201850 SH SOLE 40540 161310 Southwest Air COM 844741108 3083 171362 SH SOLE 34700 136662 SunTrust Bank COM 867892101 800 11000 SH SOLE 0 11000 Synovus Fin. COM 87161C105 238 8772 SH SOLE 0 8772 Sysco Corp COM 871829107 1513 47210 SH SOLE 9200 38010 Wachovia Corp COM 929903102 1030 18370 SH SOLE 0 18370 Walt Disney COM 254687106 2517 90235 SH SOLE 18320 71915 Waste Mgmt COM 94106L109 3348 94855 SH SOLE 18675 76180 Xerox COM 984121103 2039 134170 SH SOLE 28339 105831 IShares TR GS Corp 464287242 2477 23520 SH SOLE 0 23520 IShares TR Lehman AGG 464287226 7279 73465 SH SOLE 0 73465 IShares TR 1-3 Yr 464287457 1461 18270 SH SOLE 0 18270 IShares TR 7-10 Yr 464287440 716 8780 SH SOLE 0 8780 -----END PRIVACY-ENHANCED MESSAGE-----