13F-HR 1 inftable290.txt COVER PAGE, INFORMATION TABLE, SUMMARY PAGE FORM 13F FORM 13F COVER PAGE UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Report for the Calendar Year or Quarter Ended: 03-31-2009 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: Ambs Investment Counsel, LLC Address: 1241 E. Beltline, NE Suite 150 Grand Rapids, MI 49525 13F File Number: 028-03412 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 here in 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: Barbara J. DeMoor Title: Chief Operating Officer Phone: 616-949-8160 Signature, Place, and Date of Signing: Barbara J. DeMoor, Grand Rapids, MI, 05-08-2009 Report Type (Check only one): [x] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: NONE 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 88579Y101 5451 109644.000SH SOLE 97109.000 12535.000 AT&T COM 00206R102 6689 265449.000SH SOLE 237301.000 28148.000 Allstate Corp. COM 020002101 1208 63073.000SH SOLE 58273.000 4800.000 Anadarko Petroleum Corp COM 032511107 5609 144228.000SH SOLE 130738.000 13490.000 Atmel Corp. COM 049513104 1178 324514.000SH SOLE 303889.000 20625.000 BP PLC-Spons ADR COM 055622104 226 5645.000 SH SOLE 4849.000 796.000 Bank of New York Mellon Corp. COM 064058100 5133 181710.000SH SOLE 163883.000 17827.000 Bard, C.R. COM 067383109 285 3578.000 SH SOLE 3578.000 Barrick Gold Corp. COM 067901108 2780 85740.000SH SOLE 81935.000 3805.000 Berkshire Hathaway Cl B COM 084670207 243 86.000 SH SOLE 20.000 66.000 Best Buy Company Inc COM 086516101 5413 142585.000SH SOLE 127020.000 15565.000 Caterpillar Inc. COM 149123101 2313 82725.158SH SOLE 74025.158 8700.000 Chevron Corporation COM 166764100 3854 57315.082SH SOLE 51860.082 5455.000 Cisco Systems Inc COM 17275R102 2227 132800.000SH SOLE 115150.000 17650.000 Clorox Company COM 189054109 3021 58675.000SH SOLE 50450.000 8225.000 Coca-Cola Company COM 191216100 6453 146816.000SH SOLE 125646.000 21170.000 Colgate Palmolive COM 194162103 388 6575.000 SH SOLE 4575.000 2000.000 Conagra Foods Inc. COM 205887102 6932 410915.000SH SOLE 372700.000 38215.000 EMC Corp. COM 268648102 2141 187770.000SH SOLE 163845.000 23925.000 Exxon Mobil Corporation COM 30231G102 2090 30690.000SH SOLE 19378.000 11312.000 FedEx Corporation COM 31428X106 4237 95238.000SH SOLE 85873.000 9365.000 General Electric COM 369604103 3815 377388.588SH SOLE 327463.588 49925.000 General Mills COM 370334104 5965 119596.000SH SOLE 105551.000 14045.000 Grainger W.W. COM 384802104 351 5000.000 SH SOLE 1000.000 4000.000 Hewlett Packard Company COM 428236103 6854 213784.527SH SOLE 192805.527 20979.000 IBM COM 459200101 4030 41595.743SH SOLE 35825.743 5770.000 Intel Corp COM 458140100 157 10413.000SH SOLE 6813.000 3600.000 JPMorgan Chase & Co. COM 46625H100 2131 80188.000SH SOLE 69199.000 10989.000 Johnson & Johnson COM 478160104 6904 131256.598SH SOLE 119981.598 11275.000 Kohl's Corp. COM 500255104 5075 119919.000SH SOLE 107179.000 12740.000 Marsh & McLennan COM 571748102 4622 228266.000SH SOLE 207501.000 20765.000 McDonalds Corp COM 580135101 749 13731.000SH SOLE 9011.000 4720.000 Medtronic Inc COM 585055106 4595 155915.000SH SOLE 138125.000 17790.000 Merck & Company COM 589331107 210 7836.000 SH SOLE 1036.000 6800.000 Morgan Stanley COM 617446448 3580 157244.000SH SOLE 141209.000 16035.000 Nabors Industries Ltd COM G6359F103 1690 169169.000SH SOLE 155374.000 13795.000 Newmont Mining Corp. COM 651639106 2788 62285.000SH SOLE 51900.000 10385.000 Noble Corp COM G65422100 621 25760.000SH SOLE 22860.000 2900.000 Oracle Corp. COM 68389X105 7605 420858.000SH SOLE 378508.000 42350.000 Parker Hannifin Corp. COM 701094104 3730 109785.000SH SOLE 98486.000 11299.000 PepsiCo COM 713448108 233 4526.886 SH SOLE 4126.886 400.000 Pfizer COM 717081103 313 22975.000SH SOLE 4975.000 18000.000 Royal Dutch Shell PLC - Class COM 780259206 476 10740.000SH SOLE 2340.000 8400.000 Royal Dutch Shell PLC Cl B-ADR COM 780259107 4719 108198.993SH SOLE 95033.993 13165.000 S&P 500 Depository Receipt Ser COM 78462F103 254 3200.000 SH SOLE 3200.000 Staples, Inc. COM 855030102 5289 292053.000SH SOLE 261108.000 30945.000 Stryker Corp COM 863667101 2539 74598.000SH SOLE 66113.000 8485.000 SunTrust Banks Inc. COM 867914103 800 68184.000SH SOLE 60554.000 7630.000 Symantec Corp COM 871503108 7222 483385.000SH SOLE 439595.000 43790.000 Sysco Corporation COM 871829107 1694 74317.904SH SOLE 69377.904 4940.000 Time Warner Cable COM 88732J207 703 28341.111SH SOLE 26262.663 2078.447 Time Warner Inc. COM 887317105 2178 112858.667SH SOLE 104575.333 8283.333 Transocean, Inc. New COM H8817H100 3062 52045.001SH SOLE 46313.001 5732.000 U.S. Bancorp COM 902973304 1616 110626.000SH SOLE 102021.000 8605.000 Verizon Communications COM 92343V104 7105 235279.000SH SOLE 208275.000 27004.000 WalMart Stores COM 931142103 7741 148583.000SH SOLE 132403.000 16180.000 Williams Cos. Inc. COM 969457100 4404 386955.000SH SOLE 347250.000 39705.000 Wyeth COM 983024100 6748 156778.000SH SOLE 137253.000 19525.000
FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 58 Form 13F Information Table Value Total: $190,441