13F-HR 1 sep201113f.txt
PAGE: 1 OF: 8 FORM 13F NAME OF REPORTING MANAGER: SPECTRUM ADVISORY SERVICES #28-3076 DATE:09/30/11 ITEM 1: ITEM 2: ITEM 3: ITEM 4: ITEM 5: ITEM 6: ITEM 7: ITEM 8: NAME OF ISSUER TITLE OF CLASS CUSIP FAIR MARKET SHARES OR INVESTMENT DISCRETION MANAGER VOTING AUTHORITY NUMBER VALUE PRINC. AMT. SOLE SHARED OTHER SOLE SHARED NONE ATLANTIC AMERICAN COMMON STOCK 048209100 45 23,815 X 23815 ABITIBIBOWATER INC COMMON STOCK 003687209 320 21,300 X 21300 ABBOTT LABORATORIES COMMON STOCK 002824100 552 10,800 X 10800 ARCHER-DANIELS- COMMON STOCK 039483102 1,582 63,769 X 63769 MIDLAND COMPANY AUTOMATIC DATA COMMON STOCK 053015103 1,088 23,070 X 23070 PROCESSING INC AFLAC INC COMMON STOCK 001055102 298 8,532 X 8532 ADECCO S.A. ORD COMMON STOCK H00392318 239 6,000 X 6000 AMGEN INCORPORATED COMMON STOCK 031162100 569 10,350 X 10350 ALLIED NEVADA GOLD COMMON STOCK 019344100 251 7,000 X 7000 AON CORP COMMON STOCK 037389103 1,511 35,987 X 35987 ANADARKO PETROLEUM COMMON STOCK 032511107 1,344 21,323 X 21323 ARENA COMMON STOCK 040047102 58 40,050 X 40050 PHARMACEUTICALS INC ATLANTIC INVST CO GA COMMON STOCK 048607105 642 1,000 X 1000 AVNET INC COMMON STOCK 053807103 2,039 78,200 X 78200 ACUITY BRANDS INC COMMON STOCK 00508Y102 342 9,498 X 9498 BANK OF AMERICA COMMON STOCK 060505104 573 93,701 X 93701 BLACKBOARD INC COMMON STOCK 091935502 424 9,500 X 9500 BED BATH & BEYOND COMMON STOCK 075896100 1,648 28,750 X 28750 BB&T CORPORATION PREFERRED 05530J205 263 10,000 X 10000 8.95% CAP TR PFD BEST BUY INC COMMON STOCK 086516101 365 15,650 X 15650 BECTON, DICKINSON & COMMON STOCK 075887109 2,799 38,170 X 38170 COMPANY BEMIS COMPANY INC COMMON STOCK 081437105 363 12,400 X 12400 BRISTOL MYERS SQUIBB COMMON STOCK 110122108 1,315 41,911 X 41911 BOFI HOLDING INC COMMON STOCK 05566U108 902 67,050 X 67050 BP PLC ADR'S COMMON STOCK 055622104 590 16,363 X 16363 BERKSHIRE HATHAWAY COMMON STOCK 084670108 3,631 34 X 34 BERKSHIRE HATHAWAY B COMMON STOCK 084670702 3,762 52,950 X 52950 BALDWIN & LYONS CL B COMMON STOCK 057755209 327 15,290 X 15290 CARDINAL HEALTH INC COMMON STOCK 14149Y108 1,315 31,407 X 31407 CABOT CORP COMMON STOCK 127055101 429 17,325 X 17325 CABOT MICRO- COMMON STOCK 12709P103 364 10,599 X 10599 ELECTRONICS CORP CDI CORP COMMON STOCK 125071100 518 48,499 X 48499 COLGATE-PALMOLIVE CO COMMON STOCK 194162103 1,859 20,966 X 20966 CLARCOR INC COMMON STOCK 179895107 1,512 36,549 X 36549 COLONY FINANCIAL INC COMMON STOCK 19624R106 977 75,648 X 75648 COCA-COLA BOTTLING COMMON STOCK 191098102 845 15,237 X 15237 CONOCOPHILLIPS COMMON STOCK 20825C104 1,351 21,336 X 21336 COSTCO WHLS CORP COMMON STOCK 22160K105 1,719 20,935 X 20935 CAMPBELL SOUP CO COMMON STOCK 134429109 1,976 61,039 X 61039 CREDIT SUISSE GROUP COMMON STOCK 225401108 436 16,600 X 16600 ADR CISCO SYSTEMS COMMON STOCK 17275R102 1,980 127,749 X 127749 CHEVRON CORP COMMON STOCK 166764100 818 8,838 X 8838 DUPONT EI DE NEMOURS PREFERRED 263534307 630 6,300 X 6300 $4.50 PFD SER B DANAHER CORP COMMON STOCK 235851102 3,772 89,942 X 89942 DISNEY (WALT) CO COMMON STOCK 254687106 241 8,000 X 8000 DYNEX CAPITAL INC COMMON STOCK 26817Q506 85 10,500 X 10500 REIT EQUIFAX INC COMMON STOCK 294429105 676 22,000 X 22000 EASTGROUP PROPERTIES COMMON STOCK 277276101 935 24,520 X 24520 EMMIS COMMUNICATIONS COMMON STOCK 291525103 22 35,200 X 35200 CORPORATION EMERSON COMMON STOCK 291011104 1,491 36,100 X 36100 EATON CORPORATION COMMON STOCK 278058102 2,936 82,700 X 82700 FOREST CITY ENT CL A COMMON STOCK 345550107 591 55,424 X 55424 FAMILY DOLLAR STORES COMMON STOCK 307000109 305 6,000 X 6000 FRASER & NEAVE NEW COMMON STOCK Y2642C155 53 11,821 X 11821 ORDINARY SHARES FIRST NIAGARA FINCL COMMON STOCK 33582V108 711 77,750 X 77750 GROUP INC GENERAL ELECTRIC COMMON STOCK 369604103 2,219 145,765 X 145765 GREIF BROTHERS CL A COMMON STOCK 397624107 266 6,198 X 6198 GRACO INCORPORATED COMMON STOCK 384109104 3,361 98,458 X 98458 GENERAL MOTORS COMMON STOCK 370ESCAZ8 19 25,000 X 25000 6.75% 5/1/28 ESCROW SHARE GOOGLE INC COMMON STOCK 38259P508 824 1,600 X 1600 GENUINE PARTS CO COMMON STOCK 372460105 1,537 30,250 X 30250 GLOBAL PAYMENTS COMMON STOCK 37940X102 1,187 29,380 X 29380 GLAXOSMITHKLINE ADR COMMON STOCK 37733W105 1,866 45,185 X 45185 GIVAUDAN AG ORD SHRS COMMON STOCK H3238Q102 744 950 X 950 HOME DEPOT COMMON STOCK 437076102 1,160 35,294 X 35294 HEALTH ENHANCEMENT COMMON STOCK 42218Y105 3 15,500 X 15500 PRODUCTS INC HONDA MOTOR CO LTD COMMON STOCK 438128308 262 9,000 X 9000 ADR HERSHEY COMPANY COMMON STOCK 427866108 669 11,297 X 11297 HILLTOP HOLDINGS INC COMMON STOCK 432748101 103 14,300 X 14300 INTL BUS MACHINES COMMON STOCK 459200101 6,981 39,919 X 39919 INGLES MARKETS INC COMMON STOCK 457030104 305 21,429 X 21429 INTEL CORP COMMON STOCK 458140100 970 45,449 X 45449 ILLINOIS TOOL WORKS COMMON STOCK 452308109 1,923 46,224 X 46224 JOHNSON & JOHNSON COMMON STOCK 478160104 1,996 31,336 X 31336 JAPAN SMALLER CAP FD COMMON STOCK 47109U104 384 51,517 X 51517 JP MORGAN CHASE & CO COMMON STOCK 46625H100 253 8,397 X 8397 WILEY JOHN &SONS INC COMMON STOCK 968223206 1,482 33,365 X 33365 DSM N.V. ORD SHRS COMMON STOCK N5017D122 2,105 46,530 X 46530 KOREA ELEC POWER ADR COMMON STOCK 500631106 273 32,138 X 32138 KIRBY CORP COMMON STOCK 497266106 411 7,800 X 7800 KIMBERLY-CLARK CORP COMMON STOCK 494368103 2,030 28,582 X 28582 COCA-COLA CO COMMON STOCK 191216100 5,046 74,682 X 74682 KEPPEL CORP LTD COMMON STOCK Y4722Z120 188 31,900 X 31900 ORDINARY SHARES LINCOLN ELECTRIC COMMON STOCK 533900106 1,458 50,246 X 50246 HOLDINGS INC MARKET LEADER INC COMMON STOCK 57056R103 60 27,218 X 27218 LEGGETT & PLATT INC COMMON STOCK 524660107 372 18,800 X 18800 LIFE TECHNOLOGIES COMMON STOCK 53217V109 460 11,981 X 11981 LINEAR TECHNOLOGY COMMON STOCK 535678106 2,137 77,300 X 77300 LOWE'S COMPANIES INC COMMON STOCK 548661107 1,571 81,212 X 81212 LEVEL 3 COMMON STOCK 52729N100 306 205,048 X 205048 COMMUNICATIONS INC MCDONALDS CORP COMMON STOCK 580135101 2,102 23,935 X 23935 MEDTRONIC INC COMMON STOCK 585055106 438 13,170 X 13170 3M COMPANY COMMON STOCK 88579Y101 4,665 64,985 X 64985 MARINE PRODUCTS CORP COMMON STOCK 568427108 65 18,920 X 18920 MICROSOFT CORP COMMON STOCK 594918104 929 37,340 X 37340 NOBLE CORPORATION COMMON STOCK H5833N103 3,717 126,644 X 126644 NORTHROP GRUMMAN COMMON STOCK 666807102 315 6,030 X 6030 NOVO NORDISK A/S ADR COMMON STOCK 670100205 547 5,500 X 5500 NOVARTIS A.G. ADR COMMON STOCK 66987V109 1,205 21,604 X 21604 OLAM INTERNATIONAL COMMON STOCK Y6421B106 127 73,000 X 73000 ORD SHRS PLUM CREEK TIMBER CO COMMON STOCK 729251108 3,134 90,287 X 90287 REIT PEPSICO INC COMMON STOCK 713448108 2,290 36,992 X 36992 PFIZER INC COMMON STOCK 717081103 1,108 62,656 X 62656 PROCTER & GAMBLE COMMON STOCK 742718109 2,630 41,629 X 41629 PHILIP MORRIS INT'L COMMON STOCK 718172109 279 4,470 X 4470 PMI GROUP INC COMMON STOCK 69344M101 7 32,500 X 32500 PHARMACEUTICAL COMMON STOCK 717124101 844 32,900 X 32900 PRODUCT DEVELOPMENT PPG INDUSTRIES INC COMMON STOCK 693506107 2,007 28,400 X 28400 PRUDENTIAL PLC PREFERRED G7293H114 322 12,880 X 12880 6.75% PFD QEP RESOURCES INC COMMON STOCK 74733V100 266 9,842 X 9842 RAVEN INDUSTRIES INC COMMON STOCK 754212108 7,637 158,448 X 158448 ROYAL BK OF SCOTLAND COMMON STOCK G76891111 12 34,131 X 34131 GROUP PLC ORD SHRS READING INT'L CL A COMMON STOCK 755408101 471 109,541 X 109541 RPC INC COMMON STOCK 749660106 1,321 80,957 X 80957 RP ASSOCIATES LLP COMMON STOCK 886 925,424 X 925424 ROYAL BANK OF CANADA COMMON STOCK 780087102 536 11,726 X 11726 MONTREAL SAIC INCORPORATED COMMON STOCK 78390X101 551 46,673 X 46673 SEACOAST BANKING COMMON STOCK 811707306 804 546,651 X 546651 CORP OF FLORIDA STEPAN COMPANY COMMON STOCK 858586100 235 3,500 X 3500 SUNAMERICA STRATEGIC COMMON STOCK 866918675 37 11,307 X 11307 BOND FUND CL A SMUCKER (J.M.) CO COMMON STOCK 832696405 368 5,049 X 5049 SK TELECOM CO LTD COMMON STOCK 78440P108 1,305 92,785 X 92785 SARA LEE CORPORATION COMMON STOCK 803111103 292 17,844 X 17844 SECOM CO LTD COMMON STOCK J69972107 1,031 21,200 X 21200 ORDINARY SHRS SECOM CO LTD ADR COMMON STOCK 813113206 365 30,000 X 30000 STAPLES INC COMMON STOCK 855030102 757 56,920 X 56920 SASOL LTD SPONS ADR COMMON STOCK 803866300 589 14,500 X 14500 SUNTRUST BANKS COMMON STOCK 867914103 1,252 69,775 X 69775 ST JUDE MEDICAL INC COMMON STOCK 790849103 1,004 27,730 X 27730 SUPREME INDUSTRIES COMMON STOCK 868607102 39 19,137 X 19137 CLASS A SWISS HELVETIA FUND COMMON STOCK 870875101 145 12,932 X 12932 SYNTHES ORD SHRS COMMON STOCK 87162M409 712 4,400 X 4400 AT&T INC NEW COMMON STOCK 00206R102 242 8,478 X 8478 TE CONNECTIVITY LTD COMMON STOCK H84989104 2,274 80,807 X 80807 TEVA PHARMACEUTICAL COMMON STOCK 881624209 537 14,415 X 14415 INDUSTRIES LTD ADR TIFFANY & COMPANY COMMON STOCK 886547108 1,639 26,941 X 26941 TOKIO MARINE HLDGS COMMON STOCK 889094108 221 8,600 X 8600 ADR TOFUTTI BRANDS INC COMMON STOCK 88906B105 71 34,206 X 34206 TOTAL SYSTEM COMMON STOCK 891906109 1,262 74,542 X 74542 SERVICES INC TUPPERWARE CORP COMMON STOCK 899896104 347 6,449 X 6449 TIME WARNER INC NEW COMMON STOCK 887317303 248 8,267 X 8267 TEXAS INSTRUMENTS COMMON STOCK 882508104 765 28,723 X 28723 TYCO INTL LTD NEW COMMON STOCK H89128104 2,093 51,368 X 51368 UNITED PARCEL COMMON STOCK 911312106 3,179 50,340 X 50340 SERVICE INC U S BANCORP COMMON STOCK 902973304 1,877 79,743 X 79743 VALSPAR CORPORATION COMMON STOCK 920355104 4,156 133,150 X 133150 VOLVO AB ADR COMMON STOCK 928856400 510 51,356 X 51356 VERISK ANALYTICS INC COMMON STOCK 92345Y106 441 12,671 X 12671 VERIZON COMM'S COMMON STOCK 92343V104 579 15,734 X 15734 WALGREEN COMPANY COMMON STOCK 931422109 533 16,200 X 16200 WHIRLPOOL CORP COMMON STOCK 963320106 519 10,400 X 10400 WILLIAMS COMPANIES COMMON STOCK 969457100 268 10,995 X 10995 WEIS MARKETS INC COMMON STOCK 948849104 1,034 27,901 X 27901 WAL-MART STORES INC COMMON STOCK 931142103 440 8,477 X 8477 WHITE MOUNTAINS COMMON STOCK G9618E107 1,357 3,345 X 3345 INSURANCE GROUP WESTERN UNION CO COMMON STOCK 959802109 203 13,300 X 13300 EXXON MOBIL CORP COMMON STOCK 30231G102 4,322 59,503 X 59503 ALLEGHANY COMMON STOCK 017175100 1,904 6,601 X 6601 CORPORATION ZEBRA TECH CL A COMMON STOCK 989207105 1,276 41,233 X 41233 GRAND TOTAL: 180,964,495