13F-HR 1 holowesko13f123111.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 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: Holowesko Partners Ltd. Address: Shipston House, Lyford Cay P.O. Box N-7776 Nassau, Bahamas, Bahamas Form 13F File Number: 028-13025 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 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: Gregory P. Cleare Title: Vice President and Chief Financial Officer Phone: 242-362-7800 Signature, Place, and Date of Signing: /s/GREGORY P. CLEARE Nassau, Bahamas February 7, 2012 [Signature] [City,State] [Date] Report Type (Check only one.): [ x ] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 38 Form 13F Information Table Value Total: 998,591 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. Form 13F No. File Number Name FORM 13F INFORMATION TABLE FOR THE PERIOD ENDED 12/31/2011 REPORTING MANAGER: HOLOWESKO PARTNERS LTD. ------------------------------------------------------------------------------------------------------------------------------------ COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------------------------------------------------------------------------------------------------------------------ VALUE SHRS OR SH/ PUT/ INVEST- OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL MENT MANA- DISCRE- GERS SOLE SHARED NONE TION ------------------------------------------------------------------------------------------------------------------------------------ 3M CO COM 88579Y101 34858 426500 SH SOLE 426500 0 0 APPLE INC COM 037833100 24503 60500 SH SOLE 60500 0 0 BAKER HUGHES INC COM 057224107 20283 417000 SH SOLE 417000 0 0 BANK OF AMERICA CORPORATION COM 060505104 15130 2721145 SH SOLE 2721145 0 0 BERKSHIRE HATHAWAY INC DEL CL A 084670108 22721 198 SH SOLE 198 0 0 CANON INC ADR 138006309 352 8000 SH SOLE 8000 0 0 CAPITOL FED FINL INC COM 14057J101 13963 1210000 SH SOLE 1210000 0 0 CHINA MOBILE LIMITED SPONSORED ADR 16941M109 14195 292750 SH SOLE 292750 0 0 CISCO SYS INC COM 17275R102 32725 1810000 SH SOLE 1810000 0 0 CLOROX CO DEL COM 189054109 26691 401000 SH SOLE 401000 0 0 COCA COLA CO COM 191216100 49569 708429 SH SOLE 708429 0 0 CORNING INC COM 219350105 22741 1752000 SH SOLE 1752000 0 0 CROSSTEX ENERGY INC COM 22765Y104 7610 602086 SH SOLE 602086 0 0 DEVON ENERGY CORP NEW COM 25179M103 49547 799141 SH SOLE 799141 0 0 E M C CORP MASS COM 268648102 25740 1195000 SH SOLE 1195000 0 0 EXXON MOBIL CORP COM 30231G102 67453 795808 SH SOLE 795808 0 0 GENERAL DYNAMICS CORP COM 369550108 18595 280000 SH SOLE 280000 0 0 HEINZ H J CO COM 423074103 24291 449500 SH SOLE 449500 0 0 INTL PAPER CO COM 460146103 41588 1405000 SH SOLE 1405000 0 0 ITRON INC COM 465741106 2790 77988 SH SOLE 77988 0 0 JOHNSON & JOHNSON COM 478160104 77446 1180943 SH SOLE 1180943 0 0 KIMBERLY CLARK CORP COM 494368103 44533 605400 SH SOLE 605400 0 0 KRAFT FOODS INC CL A 50075N104 467 12500 SH SOLE 12500 0 0 MEAD JOHNSON NUTRITION CO COM 582839106 31959 465000 SH SOLE 465000 0 0 MEDTRONIC INC COM 585055106 33851 885000 SH SOLE 885000 0 0 MERCK & CO INC NEW COM 58933Y105 31894 846000 SH SOLE 846000 0 0 MICROSOFT CORP COM 594918104 49596 1910486 SH SOLE 1910486 0 0 PEPSICO INC COM 713448108 29028 437500 SH SOLE 437500 0 0 PETROCHINA CO LTD SPONSORED ADR 71646E100 8820 70950 SH SOLE 70950 0 0 PFIZER INC COM 717081103 28565 1320000 SH SOLE 1320000 0 0 PLUM CREEK TIMBER CO INC COM 729251108 52458 1434848 SH SOLE 1434848 0 0 RESEARCH IN MOTION LTD COM 760975102 145 10000 SH SOLE 10000 0 0 ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 731 10000 SH SOLE 10000 0 0 TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 387 30000 SH SOLE 30000 0 0 TARGET CORP COM 87612E106 27147 530000 SH SOLE 530000 0 0 US BANCORP DEL COM NEW 902973304 65215 2410900 SH SOLE 2410900 0 0 VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 448 16000 SH SOLE 16000 0 0 WASTE MGMT INC DEL COM 94106L109 556 17000 SH SOLE 17000 0 0 ------------------ GRAND TOTAL 998591