13F-HR/A 1 r1qrtr07.txt 1QTR2007 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON DC 20549 FORM 13-F FORM 13F COVER PAGE REPORT OF THE CALENDAR YEAR OR QUARTER ENDED: 3/31/2007 INSTITUTIONAL INVESTMENT MANAGER FILING THIS REPORT: NAME: ARVEST ASSET MANAGEMENT ADDRESS: P O BOX 1156 BARTLESVILLE OK 74005-1156 13F_FILE NUMBER 893879 THE INSTITUTION 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 INTERGRAL PARTS OF THIS" FORM. PERSON SIGNING THIS REPORT ON BEHALF OF REPORTING MANAGER: NAME: JOYCE POOL TITLE: BALANCING TECH PHONE: 918-337-3474 "SIGNATURE, PLACE AND DATE OF SIGNING" " JOYCE POOL BARTLESVILLE, OK " 5/15/2007 REPORT TYPE 13-F I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES AND EXCHANGE ACT OF 1934 FORM 13F SUMMARY PAGE NUMBER OF OTHER INCLUDED MANAGERS: 0 FORM 13F INFO TABLE ENTRY TOTAL: 156 FORM 13F INFO TABLE VALUE TOTAL: 477987 VALUE SHARE SH INVST ----VOTING AUTH--- NAME OF ISSUER -TITLE- CUSIP X$1000 PRN PR DSCRN SOLE SHA+K185 NONE ACCENTURE LTS-CL A COM G1150G111 8754 227150 SH SOLE 225272 1878 ACCENTURE LTS-CL A COM G1150G111 12 304 SH SHARE 304 NABORS INDUSTRIES LTD COM G6359f103 6673 224905 SH SOLE 223231 1674 NABORS INDUSTRIES LTD COM G6359f103 27 911 SH SHARE 578 333 AT & T COM 00206R102 2114 53612 SH SOLE 53612 AT & T COM 00206R102 49 1249 SH SHARE 587 662 ALLSTATE CORP COM 020002101 8203 136580 SH SOLE 135393 1187 ALLSTATE CORP COM 020002101 35 588 SH SHARE 394 194 ALLTEL CORP COM 020039103 8542 137778 SH SOLE 136476 1302 ALLTEL CORP COM 020039103 13 204 SH SHARE 204 ALTRIA GROUP INC COM 02209S103 667 7600 SH SOLE 7600 AMEREN CORP COM 023608102 246 4888 SH SOLE 4788 100 AMERICAN ELECTRIC COM 025537101 293 6013 SH SOLE 6013 AMGEN INC COM 031162100 6912 123701 SH SOLE 122673 1028 AMGEN INC COM 031162100 26 464 SH SHARE 243 221 AUTOMATIC DATA PRO COM 053015103 8548 176603 SH SOLE 175165 1438 AUTOMATIC DATA PRO COM 053015103 35 718 SH SHARE 482 236 BP AMOCO PLC ADR 055622104 3758 58036 SH SOLE 32611 25425 BANK OF AMER CORP COM 060505104 848 16620 SH SOLE 16360 260 BAXTER INTERNATL COM 071813109 9921 188361 SH SOLE 186756 1605 BAXTER INTERNATL COM 071813109 40 761 SH SHARE 509 252 BECTON DICKINSON COM 075887109 9242 120195 SH SOLE 119117 1078 BECTON DICKINSON COM 075887109 43 555 SH SHARE 393 162 BED BATH & BEYOND COM 075896100 9062 225598 SH SOLE 223646 1952 BED BATH & BEYOND COM 075896100 17 432 SH SHARE 432 BOEING COMPANY COM 097023105 226 2546 SH SOLE 2110 436 BRISTOL MYERS SQUIBB COM 110122108 364 13122 SH SOLE 11786 1336 BURLINGTON NTH SF COM 12189T104 812 10098 SH SOLE 10098 CAPITAL INC BUILDER FD MUT FD 140193103 334 5367 SH SOLE 5367 CATERPILLAR INC COM 149123101 246 3668 SH SOLE 3668 CHEVRONTEXACO COM 166764100 10265 138790 SH SOLE 138100 690 CHEVRONTEXACO COM 166764100 224 3026 SH SHARE 3026 CISCO SYSTEMS INC COM 17275R102 233 9135 SH SOLE 9135 CITIGROUP INC COM 172967101 8803 171465 SH SOLE 168785 2680 CITIGROUP INC COM 172967101 21 410 SH SHARE 410 COCA COLA COM 191216100 664 13826 SH SOLE 10370 3456 CONOCOPHILLIPS COM 20825C104 26588 389000 SH SOLE 386307 2693 CONOCOPHILLIPS COM 20825C104 1009 14766 SH SHARE 12628 1338 800 DEERE & CO COM 244199105 414 3808 SH SOLE 3808 DEVON ENERGY CORP COM 25179M103 9099 131452 SH SOLE 130421 1031 DEVON ENERGY CORP COM 25179M103 37 539 SH SHARE 304 235 DIAMONDS TR UNIT SER COM 252787106 477 3858 SH SOLE 3858 DISNEY COM 254687106 9052 262914 SH SOLE 260602 2312 DISNEY COM 254687106 78 2280 SH SHARE 1901 379 DUPONT COM 263534109 9565 193509 SH SOLE 191895 1614 DUPONT COM 263534109 40 809 SH SHARE 431 378 EMERSON ELEC COM 291011104 434 10071 SH SOLE 10071 EXXON MOBIL CORP COM 30231G102 13012 172453 SH SOLE 169953 1500 1000 EXXON MOBIL CORP COM 30231G102 840 11130 SH SHARE 5934 5196 FID INTRM FD #32 MUT FD 315912105 1164 113022 SH SOLE 113022 FID INV GRD FD #26 MUT FD 316146109 834 113017 SH SOLE 113017 FID GNMA FD #15 MUT FD 31617K105 187 17347 SH SOLE 17347 FIRSTENERGY CORP COM 337932107 401 6058 SH SOLE 6058 FRANKLIN RESOURCES COM 354613101 10420 86237 SH SOLE 85575 662 FRANKLIN RESOURCES COM 354613101 24 200 SH SHARE 200 GENERAL ELECTRIC COM 369604103 11157 315541 SH SOLE 309971 600 4970 GENERAL ELECTRIC COM 369604103 5574 157628 SH SHARE 156778 850 GENERAL MILLS COM 370334104 8686 149198 SH SOLE 147865 1333 GENERAL MILLS COM 370334104 39 664 SH SHARE 457 207 GENWORTH FINANCIAL COM 37247D106 7776 222548 SH SOLE 220671 1877 GENWORTH FINANCIAL COM 37247D106 11 326 SH SHARE 326 GLAXO SMITHKLINE PLC COM 37733W105 313 5659 SH SOLE 5659 GOLDMAN SACHS GR COM 38141G104 10284 49771 SH SOLE 49434 337 GOLDMAN SACHS GR COM 38141G104 57 274 SH SHARE 176 98 GRAND UNION COM 386532402 22000 SH SOLE 22000 HARBOR BOND FD INST MUT FD 411511108 155 13324 SH SOLE 13324 HAROLDS STORE INC COM 413353103 181 403317 SH SOLE 403317 HEWLETT PACKARD COM 428236103 9315 232055 SH SOLE 230059 1996 HEWLETT PACKARD COM 428236103 42 1043 SH SHARE 729 314 HOME DEPOT INC COM 437076102 281 7641 SH SOLE 7541 100 HONEYWELL INTL COM 438516106 271 5880 SH SOLE 5880 HUNT JB TRANS SVCS COM 445658107 590 22500 SH SOLE 22500 INTEL COM 458140100 7678 401341 SH SOLE 398758 2583 INTEL COM 458140100 16 835 SH SHARE 835 IBM COM 459200101 9896 104987 SH SOLE 103611 1376 IBM COM 459200101 38 402 SH SHARE 263 139 J P MORGAN CHASE COM 46625H100 8789 181675 SH SOLE 179665 2010 J P MORGAN CHASE COM 46625H100 104 2151 SH SHARE 2151 JOHNSON & JOHNSON COM 478160104 8700 144368 SH SOLE 142575 1793 JOHNSON & JOHNSON COM 478160104 43 718 SH SHARE 316 402 KELLOGG CO COM 487836108 297 5784 SH SOLE 5784 KIMBERLY CLARK CORP COM 494368103 8608 125686 SH SOLE 125092 594 KIMBERLY CLARK CORP COM 494368103 37 535 SH SHARE 356 179 L-3 COMMUNICATIONS COM 502424104 8828 100930 SH SOLE 100027 903 L-3 COMMUNICATIONS COM 502424104 19 213 SH SHARE 213 ELI LILLY COM 532457108 247 4603 SH SOLE 4603 LOCKHEED MARTIN COM 539830109 9551 98442 SH SOLE 97685 757 LOCKHEED MARTIN COM 539830109 46 471 SH SHARE 338 133 MFS ARKANSAS MUNI MUT FD 55273N400 411 40751 SH SOLE 40751 MANULIFE FINL CORP COM 56501R106 550 15957 SH SOLE 15957 MARRIOTT INTL INC COM 571903202 10037 205014 SH SOLE 203297 1717 MARRIOTT INTL INC COM 571903202 54 1103 SH SHARE 682 421 MICROSOFT CORP COM 594918104 9152 328386 SH SOLE 326604 1782 MICROSOFT CORP COM 594918104 34 1232 SH SHARE 803 429 MORGAN STANLEY DW COM 617446448 332 4210 SH SOLE 4210 NATIONAL CITY CORP COM 635405103 242 6500 SH SOLE 6500 NOKIA CORP ADR COM 654902204 9092 396667 SH SOLE 392961 3706 NOKIA CORP ADR COM 654902204 41 1785 SH SHARE 1254 531 NORFOLK SOUTHERN COM 655844108 239 4720 SH SOLE 4720 NORFOLK SOUTHERN COM 655844108 29 570 SH SHARE 570 NORTHERN TR CORP COM 665859104 759 12620 SH SOLE 12620 O G & E ENERGY CORP COM 670837103 863 22250 SH SOLE 22250 ONEOK INC NEW COM 682680103 317 7042 SH SOLE 6842 200 PEPSICO COM 713448108 9070 142706 SH SOLE 141299 1407 PEPSICO COM 713448108 52 816 SH SHARE 378 438 PFIZER INC COM 717081103 241 9543 SH SOLE 9543 PROCTOR & GAMBLE COM 742718109 13209 209131 SH SOLE 205788 3343 PROCTOR & GAMBLE COM 742718109 35 551 SH SHARE 369 182 REGIONS FINAL CORP COM 758940100 608 17201 SH SOLE 17201 REGIONS FINAL CORP COM 758940100 162 4590 SH SHARE 4590 ROCKWELL AUTO COM 773903109 319 5324 SH SOLE 4836 488 ROCKWELL AUTO COM 773903109 63 1050 SH SHARE 250 800 ROCKWELL COLLINS COM 774341101 283 4226 SH SOLE 4036 190 ROCKWELL COLLINS COM 774341101 54 800 SH SHARE 800 SPDR TR COM 78462F103 1078 7594 SH SOLE 7594 SCHLUMBERGER LTD COM 806857108 215 3108 SH SOLE 3108 SOUTHERN CO COM 842587107 8554 233388 SH SOLE 230167 3221 SOUTHERN CO COM 842587107 33 907 SH SHARE 576 331 SUNOCO INC COM 86764P109 731 10379 SH SOLE 10379 TARGET CORP COM 87612E106 202 3410 SH SOLE 3210 200 TEXTRON COM 883203101 502 5590 SH SOLE 5590 3M CO COM 88579Y101 504 6588 SH SOLE 6588 US BANCORP DEL NEW COM 902973304 483 13802 SH SOLE 13802 UNITED PARCEL SVC INC COM 911312106 7808 111381 SH SOLE 110394 987 UNITED PARCEL SVC INC COM 911312106 25 356 SH SHARE 356 UNITED TECH COM 913017109 8382 128957 SH SOLE 127885 1072 UNITED TECH COM 913017109 42 644 SH SHARE 404 240 V F CORP COM 918204108 330 4000 SH SOLE 4000 VAN TOT BD MKT 584 MUT FD 921937603 5434 542863 SH SOLE 524322 18541 VAN TOT BD MKT 584 MUT FD 921937603 30 2974 SH SHARE 2974 VAN GNMA FD 36 MUT FD 922031307 181 17721 SH SOLE 17721 VANGUARD Sh Term #39 MUT FD 922031406 145 13721 SH SOLE 13721 VAN FIXED INC #529 MUT FD 922031760 679 108628 SH SOLE 108617 11 VANGUARD GNMA 536 MUT FD 922031794 15474 1515488 SH SOLE 1466291 49197 VANGUARD GNMA 536 MUT FD 922031794 59 5763 SH SHARE 1645 1226 2892 VAN FIXED INCOME #535 MUT FD 922031828 3252 300839 SH SOLE 290410 10429 VAN FIXED INCOME #535 MUT FD 922031828 4 411 SH SHARE 411 VAN S-T CORP #539 MUT FD 922031836 8658 816728 SH SOLE 802641 14087 VAN S-T CORP #539 MUT FD 922031836 122 11472 SH SHARE 506 10966 VAN FIXED INC #532 MUT FD 922031851 3210 311348 SH SOLE 306475 4873 VAN FIXED INC #532 MUT FD 922031851 25 2462 SH SHARE 2462 VANGUARD INT TAX #42 MUT FD 922907209 134 10054 SH SOLE 10054 VAN INTERM TAX #542 MUT FD 922907878 742 55734 SH SOLE 55734 VAN INTERM TAX #542 MUT FD 922907878 29 2162 SH SHARE 2162 VERIZON COMM COM 92343V104 386 10187 SH SOLE 9989 198 VERIZON COMM COM 92343V104 15 400 SH SHARE 400 WACHOVIA CORP 2ND COM 929903102 8124 147581 SH SOLE 147042 539 WACHOVIA CORP 2ND COM 929903102 24 428 SH SHARE 428 WALMART STORES COM 931142103 22134 471433 SH SOLE 468998 2435 WALMART STORES COM 931142103 16 350 SH SHARE 150 200 WELLS FARGO & CO COM 949746101 7521 218441 SH SOLE 215065 3376 WELLS FARGO & CO COM 949746101 70 2025 SH SHARE 1708 317 WELLS RE FD XII LP COM 950006106 180 21505 SH SOLE 21505 WRIGLEY WM JR COM 982526105 255 5000 SH SOLE 5000 WYETH COM 983024100 8278 165460 SH SOLE 164018 1442 WYETH COM 983024100 93 1856 SH SHARE 1656 200 S REPORT SUMMARY 156 DATA RECORDS 477987