0000896881-11-000004.txt : 20110503 0000896881-11-000004.hdr.sgml : 20110503 20110503130647 ACCESSION NUMBER: 0000896881-11-000004 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110331 FILED AS OF DATE: 20110503 DATE AS OF CHANGE: 20110503 EFFECTIVENESS DATE: 20110503 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMBS INVESTMENT COUNSEL LLC CENTRAL INDEX KEY: 0000896881 IRS NUMBER: 522191156 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-03412 FILM NUMBER: 11804106 BUSINESS ADDRESS: STREET 1: WATERS CIRCLE STREET 2: 1241 E. BELTLINE, NE , SUITE 150 CITY: GRAND RAPIDS STATE: MI ZIP: 49525 BUSINESS PHONE: 6169498160 MAIL ADDRESS: STREET 1: WATERS CIRCLE STREET 2: 1241 E. BELTLINE, NE, SUITE 150 CITY: GRAND RAPIDS STATE: MI ZIP: 49525 FORMER COMPANY: FORMER CONFORMED NAME: AMBS INVESTMENT COUNSEL INC /MI DATE OF NAME CHANGE: 19990319 13F-HR 1 inftable370.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: 03-31-2011 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: 625 Kenmoor SE Suite 307 Grand Rapids, MI 49546 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: Kathleen A. Maciejewski Title: Chief Compliance Officer Phone: 616-949-8160 Signature, Place, and Date of Signing: Kathleen A. Maciejewski, Grand Rapids, MI, 05-03-2011 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 9676 103485.000SH SOLE 92890.000 10595.000 AT&T COM 00206R102 8538 278925.000SH SOLE 250487.000 28438.000 Abbott Laboratories COM 002824100 9018 183845.000SH SOLE 164370.000 19475.000 Advance Auto Parts COM 00751Y106 6506 99145.000SH SOLE 89745.000 9400.000 Aecom Technology Corp. COM 00766T100 5934 214000.000SH SOLE 193225.000 20775.000 Aflac, Inc. COM 001055102 6209 117635.000SH SOLE 106845.000 10790.000 Alexco Resource Corp COM 01535P106 133 15000.000SH SOLE 15000.000 Anadarko Petroleum Corp COM 032511107 8790 107304.000SH SOLE 99249.000 8055.000 Apache Corp. COM 037411105 4151 31705.000SH SOLE 28405.000 3300.000 Bank of America Corp COM 060505104 6387 479155.000SH SOLE 436355.000 42800.000 Bard, C.R. COM 067383109 294 2958.000 SH SOLE 2958.000 Barrick Gold Corp. COM 067901108 5658 108990.000SH SOLE 97485.000 11505.000 Becton Dickinson & Co. COM 075887109 3577 44930.000SH SOLE 44530.000 400.000 Bemis Co COM 081437105 5996 182760.000SH SOLE 165810.000 16950.000 Berkshire Hathaway Cl B COM 084670207 492 5882.000 SH SOLE 2100.000 3782.000 Canarc Resource Corp. COM 13722D101 4 25000.000SH SOLE 25000.000 Capital One Financial Corporat COM 14040H105 8357 160840.000SH SOLE 147305.000 13535.000 Cartier Resources Inc. COM 146772108 5 10000.000SH SOLE 10000.000 Chevron Corporation COM 166764100 9111 84765.000SH SOLE 78330.000 6435.000 Cisco Systems Inc COM 17275R102 6005 350160.000SH SOLE 319540.000 30620.000 Coca-Cola Company COM 191216100 4238 63885.000SH SOLE 48820.000 15065.000 Colgate Palmolive COM 194162103 376 4650.000 SH SOLE 3450.000 1200.000 Conagra Foods Inc. COM 205887102 6643 279720.000SH SOLE 253915.000 25805.000 Dejour Enterprise Ltd. COM 24486R103 25 60000.000SH SOLE 60000.000 Dow Chemical COM 260543103 10868 287900.000SH SOLE 260745.000 27155.000 Doxa Energy Ltd. COM 261223101 8 20000.000SH SOLE 20000.000 Dynacor Gold Mines, Inc. COM 26779X101 20 10000.000SH SOLE 10000.000 ECU Silver Mining Inc. COM 26830P105 10 10000.000SH SOLE 10000.000 EMC Corp. COM 268648102 6419 241690.000SH SOLE 208770.000 32920.000 Encanto Potash Corp COM 29251N104 11 30000.000SH SOLE 30000.000 Endeavour Silver Corp. COM 29258Y103 98 10000.000SH SOLE 10000.000 Exxon Mobil Corporation COM 30231G102 2016 23962.000SH SOLE 12650.000 11312.000 FedEx Corporation COM 31428X106 9189 98230.000SH SOLE 88920.000 9310.000 Fire River Gold Corp. COM 31811Q106 5 10000.000SH SOLE 10000.000 General Electric COM 369604103 7983 398168.868SH SOLE 345343.868 52825.000 General Mills COM 370334104 7659 209550.000SH SOLE 189170.000 20380.000 Gilead Sciences, Inc. COM 375558103 3179 74850.000SH SOLE 71175.000 3675.000 Goldcorp, Inc. COM 380956409 1125 22600.000SH SOLE 22600.000 Golden Phoenix Minerals, Inc. COM 381149103 9 50000.000SH SOLE 50000.000 Grainger W.W. COM 384802104 551 4000.000 SH SOLE 4000.000 Great Basin Gold Ltd. COM 390124105 66 25000.000SH SOLE 25000.000 Hathor Exploration Limited COM 419018106 18 10000.000SH SOLE 10000.000 Hecla Mining Co. COM 422704106 136 15000.000SH SOLE 15000.000 Hewlett Packard Company COM 428236103 8984 219287.544SH SOLE 198043.544 21244.000 Honeywell International, Inc. COM 438516106 290 4850.000 SH SOLE 4850.000 IBM COM 459200101 4763 29210.070SH SOLE 25005.070 4205.000 JPMorgan Chase & Co. COM 46625H100 10421 226061.000SH SOLE 203711.000 22350.000 Kaminak Gold Corp. COM 48356P202 34 10000.000SH SOLE 10000.000 Keycorp New COM 493267108 6163 694075.000SH SOLE 628310.000 65765.000 Kodiak Oil & Gas Corporation COM 50015Q100 67 10000.000SH SOLE 10000.000 Kohl's Corp. COM 500255104 8043 151640.000SH SOLE 138545.000 13095.000 Majescor Resources Inc COM 760960203 12 50000.000SH SOLE 50000.000 Marsh & McLennan COM 571748102 4211 141275.000SH SOLE 133935.000 7340.000 McDonalds Corp COM 580135101 656 8625.000 SH SOLE 4425.000 4200.000 Merck & Company COM 58933Y105 262 7935.000 SH SOLE 1135.000 6800.000 Microsoft Corp. COM 594918104 263 10350.000SH SOLE 1350.000 9000.000 Morgan Stanley COM 617446448 6579 240820.000SH SOLE 219635.000 21185.000 Mylan Labs COM 628530107 6348 280120.000SH SOLE 253360.000 26760.000 Newmont Mining Corp. COM 651639106 2988 54740.000SH SOLE 44840.000 9900.000 Oilsands Quest Inc. COM 678046103 5 10000.000SH SOLE 10000.000 Oracle Corp. COM 68389X105 11068 331055.000SH SOLE 300370.000 30685.000 Parker Hannifin Corp. COM 701094104 10677 112766.000SH SOLE 102272.000 10494.000 Pfizer COM 717081103 506 24915.000SH SOLE 2975.000 21940.000 Prophecy Resource Corp COM 74345B104 81 80000.000SH SOLE 80000.000 Research In Motion Ltd COM 760975102 5613 99275.000SH SOLE 90475.000 8800.000 Royal Dutch Shell PLC - Class COM 780259206 663 9105.000 SH SOLE 705.000 8400.000 Royal Dutch Shell PLC Cl B-ADR COM 780259107 10966 149720.994SH SOLE 133236.994 16484.000 Royal Gold, Inc. COM 780287108 210 4000.000 SH SOLE 4000.000 Satcon Technology Corp COM 803893106 39 10000.000SH SOLE 10000.000 Silvercorp Metals Inc. COM 82835P103 291 20000.000SH SOLE 20000.000 Staples, Inc. COM 855030102 5925 305105.000SH SOLE 277135.000 27970.000 Stryker Corp COM 863667101 4026 66217.000SH SOLE 57472.000 8745.000 Symantec Corp COM 871503108 4185 225710.000SH SOLE 194675.000 31035.000 Taku Gold Corp. COM 874072101 5 15000.000SH SOLE 15000.000 Taseko Mines Ltd. COM 876511106 89 15000.000SH SOLE 15000.000 U.S. Bancorp COM 902973304 6462 244495.000SH SOLE 221205.000 23290.000 US Silver Corp COM 90343P101 68 100000.000SH SOLE 100000.000 Verizon Communications COM 92343V104 9395 243785.000SH SOLE 218381.000 25404.000 W.R. Berkley Corporation COM 084423102 4859 150850.000SH SOLE 143300.000 7550.000 WalMart Stores COM 931142103 7787 149607.000SH SOLE 135102.000 14505.000 Williams Cos. Inc. COM 969457100 10608 340220.000SH SOLE 306475.000 33745.000 iShares Silver Trust COM 46428Q109 257 7000.000 SH SOLE 7000.000
FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 82 Form 13F Information Table Value Total: $319,365