13F-HR 1 may2010mandr.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarterly Ended: March 31, 2010 Check here is Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing This Report: Name: M & R Capital Management Inc. Address: 40 Fulton St., 21st Floor New York, New York 10038 13F File Number: 028-07056 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: M & R Capital Management Inc. Title: Sr. Vice President Phone: 212-581-8999 Signature, Place and Date of Signing: Richard Diver, New York, NY May 10, 2010 Report Type (Check only one): [X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 160 Form 13F Information Table Value Total: 315251 List of Other Included Managers: No. 13F File Number Name 01 N/A N/A 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 --------- -------------- -------- ------- ------- --- ---- ------- ------------------------- A100,000th Cohen & Steers Infra COM 0 112000 SH Sole 112000 A T & T Inc COM 00206r102 585 22649 SH Sole 22649 ACE Ltd COM 8679 165953 SH Sole 165953 ATP Oil & Gas Corp COM 00208j108 190 10100 SH Sole 10100 Abbott Labs COM 002824100 1444 27418 SH Sole 27418 Aberdeen Asset Mgmt Plc COM 28 14162 SH Sole 14162 Accenture Ltd COM g1150g111 8933 212933 SH Sole 212933 Access Power Inc COM 0 30000 SH Sole 30000 Adelphia Contingent Value COM 1 19692 SH Sole 19692 Allegheny Tech Inc. COM 410 7600 SH Sole 7600 Allergan, Inc. COM 334 5106 SH Sole 5106 Allstate Corp. COM 020002101 346 10707 SH Sole 10707 American Electric Power Co Inc COM 025537101 367 10744 SH Sole 10744 American Water Works Co., Inc. COM 393 18056 SH Sole 18056 Ametek Inc w/rts to pur pfd COM 031100100 410 9900 SH Sole 9900 Anadarko Petroleum Corp COM 032511107 335 4600 SH Sole 4600 Apache Corp COM 037411105 1952 19233 SH Sole 19233 Apollo Group, Inc. Cl A COM 037604105 587 9585 SH Sole 9585 Apple Computer Inc COM 037833100 332 1413 SH Sole 1413 Automatic Data Processing COM 830 18670 SH Sole 18670 BP Plc SADR COM 110889409 874 15321 SH Sole 15321 Bank of New York Mellon Corp COM 064058100 13670 442692 SH Sole 442692 Barclays PLC COM 200 37456 SH Sole 37456 Baxter International Inc. COM 071813109 1318 22650 SH Sole 22650 Becton Dickinson & Co. COM 1092 13875 SH Sole 13875 Berkshire Hathaway Cl B COM 8860 109023 SH Sole 109023 Berkshire Hathaway Inc COM 244 2 SH Sole 2 Bio One Corp COM 0 36500 SH Sole 36500 Blackrock NY Muni Incm Trust COM 09248L106 200 13500 SH Sole 13500 Bristol Myers Squibb Co COM 110122108 472 17692 SH Sole 17692 CVS Caremark Corp COM 126650100 11910 325756 SH Sole 325756 Calvert Social Investment Fd B COM 313 12139 SH Sole 12139 Canadian National Railway Ltd COM 248 4100 SH Sole 4100 Canadian Pacific Railway Ltd COM 13645t100 2836 50420 SH Sole 50420 Caterpillar Inc COM 149123101 537 8552 SH Sole 8552 Cedar Fair LP Deputs COM 122 10200 SH Sole 10200 Cell Robotics Intl Inc COM 0 25000 SH Sole 25000 Chevron Texaco Corp COM 1440 18988 SH Sole 18988 Cisco Systems Inc COM 17275r102 11263 432699 SH Sole 432699 Citigroup Inc COM 173034109 48 11864 SH Sole 11864 Colgate Palmolive Corp COM 194162103 3406 39944 SH Sole 39944 Comcast Corp-Cl A COM 9783 519567 SH Sole 519567 Comcast Corp-Cl A New Spl COM 20030n200 233 12963 SH Sole 12963 Companhia De Snmnto De Sao Pau COM 20441a102 9957 270562 SH Sole 270562 Conoco Phillips Co COM 20825c104 780 15253 SH Sole 15253 Constellation Brd A COM 250 15200 SH Sole 15200 Covidien Ltd COM g2552x108 7951 158138 SH Sole 158138 Credit Suisse Gp Sp Adr COM 225401108 7247 141055 SH Sole 141055 DENTSPLY INTL INC COM 249030107 1737 49800 SH Sole 49800 Devon Energy Corporation COM 4500 69851 SH Sole 69851 Disney Walt Co COM 254687106 524 15016 SH Sole 15016 Dominion Resources Inc. Va COM 257470104 599 14573 SH Sole 14573 Duke Energy Corp COM 26441c105 669 40986 SH Sole 40986 EC Power Inc COM 0 18000 SH Sole 18000 East West Bancorp Inc COM 27579r104 344 19725 SH Sole 19725 Eaton Vance Insd Mun Bond Fund COM 334 25805 SH Sole 25805 Eaton Vance New York Ins Muni COM 176 12900 SH Sole 12900 El Paso Corp COM 4394 405315 SH Sole 405315 Exxon Mobil Corp COM 3549 52986 SH Sole 52986 FPL Group Inc. w/rts COM 302571104 9700 200700 SH Sole 200700 Fedex Corporation COM 31304N107 9440 101072 SH Sole 101072 General Electric Co COM 369604103 1737 95432 SH Sole 95432 General Mills Inc COM 370334104 601 8496 SH Sole 8496 Google Inc Cl A COM 206 364 SH Sole 364 H J Heinz Co COM 423074103 529 11609 SH Sole 11609 HCP INC COM 40414l109 5664 171643 SH Sole 171643 HSBC Holdings Plc Sp ADR COM 404280406 1369 27000 SH Sole 27000 HearUSA COM 85 56800 SH Sole 56800 Heineken N.V. ADR COM 203 7898 SH Sole 7898 Henry Schein Inc COM 806407102 10621 180330 SH Sole 180330 Home Depot Inc COM 437076102 313 9676 SH Sole 9676 ISHS Brclys 1 3 Treasury COM 207 2484 SH Sole 2484 India Fund Inc COM 238 7545 SH Sole 7545 Intel Corp COM 458140100 11755 527384 SH Sole 527384 Intl Business Machines Corp IB COM 459200101 2589 20185 SH Sole 20185 Ishares Msci Japan Index Fdf COM 464286848 115 11000 SH Sole 11000 Ishares Tr FTSE Xinhau HK Chin COM 464287184 289 6855 SH Sole 6855 J P Morgan Chase & Co. COM 616880100 1156 25832 SH Sole 25832 Johnson & Johnson Cos COM 478160104 4337 66523 SH Sole 66523 Kinder Morgan Energy Partners COM 559 8550 SH Sole 8550 Liberty Global Inc Ser A COM 530555101 9399 322311 SH Sole 322311 MORG STAN QUAL MUNI INC COM 61745p734 455 36000 SH Sole 36000 Mc Cormick Corp COM 579780206 810 21103 SH Sole 21103 McDonalds Corp COM 580135101 528 7917 SH Sole 7917 Medco Health Solutions Inc COM 58405u102 769 11913 SH Sole 11913 Medtronic Inc COM 965 21430 SH Sole 21430 Merck & Co. Inc COM 589331107 720 19279 SH Sole 19279 Microsoft Corp COM 594918104 1509 51524 SH Sole 51524 Montpelier Re Holdings Inc COM g62185106 3360 199858 SH Sole 199858 Morgan Stanley Insd Mun Income COM 61745p791 718 51300 SH Sole 51300 Morgan Stanley Insd Mun Secs COM 212 15600 SH Sole 15600 NCR Corp New COM 62886e108 312 22600 SH Sole 22600 NEWS CORP CL A COM 65248e104 537 37248 SH Sole 37248 Nestle SA Rep RG Sh ADR COM 641069406 1403 27351 SH Sole 27351 Norfolk Southern Corp COM 655844108 9739 174257 SH Sole 174257 Occidental Petroleum Corp COM 674599105 238 2820 SH Sole 2820 Penn West Energy Trust COM 849 40186 SH Sole 40186 Pepsico Inc COM 713448108 5188 78410 SH Sole 78410 Petroleo Brasilero S.A. COM 9216 232795 SH Sole 232795 Petsmart Inc COM 1164 36410 SH Sole 36410 Pfizer Inc COM 717081103 1732 101013 SH Sole 101013 Philip Morris International COM 718172109 272 5222 SH Sole 5222 Pimco New York Municipal Incom COM 188 16387 SH Sole 16387 Pimco New York Municipal Incom COM 134 14424 SH Sole 14424 Plains All American Pipl LP COM 726503105 1224 21512 SH Sole 21512 Proctor & Gamble Co COM 742718109 2022 31953 SH Sole 31953 Putnam Tax-Exempt Income Class COM 179 21287 SH Sole 21287 Qualcom Inc COM 747525103 7203 171655 SH Sole 171655 Quest Diagnostics Inc COM 74834l100 367 6300 SH Sole 6300 Rivus Bond Fund COM 575 33600 SH Sole 33600 Rowan Companies Inc COM 779382100 423 14520 SH Sole 14520 Royal Dutch Shell Plc Adr Cl A COM 1885 32572 SH Sole 32572 SPDR Gold Tr Gold Shs COM 78463v107 7751 71140 SH Sole 71140 Schlumberger Ltd COM 806857108 1623 25574 SH Sole 25574 Schwab Total Bond Market Fund COM 268 29692 SH Sole 29692 Siemens AG Adr COM 826197501 5120 51215 SH Sole 51215 Sky440 Inc. COM 0 60000 SH Sole 60000 Spectra Energy Corp COM 847560109 340 15097 SH Sole 15097 State Street Corp COM 857477103 3249 71980 SH Sole 71980 Statmon Technologies CP COM 7 25000 SH Sole 25000 Stryker Corp COM 432 7554 SH Sole 7554 Suncor Energy Inc COM 867229106 469 14400 SH Sole 14400 Suntech Power Holdings Co Ltd COM 86800c104 142 10120 SH Sole 10120 Suntrust Banks Inc COM 867914103 387 14450 SH Sole 14450 Superior Energy Services Inc COM 868157108 1922 91425 SH Sole 91425 Sysco Corporation COM 871829107 1536 52056 SH Sole 52056 Telefonica SA Sons Adr COM 879382208 426 5994 SH Sole 5994 Teradata Corp COM 88076w103 693 24000 SH Sole 24000 Teva Pharmaceuticals Inds COM 10079 159778 SH Sole 159778 Tyco International Ltd New COM H89128104 3579 93564 SH Sole 93564 US Bancorp COM 698 26982 SH Sole 26982 Union Pacific Corp COM 907818108 316 4316 SH Sole 4316 United Techno Corp COM 220 2988 SH Sole 2988 Unitrin, Inc. COM 463 16500 SH Sole 16500 Van Kampen Bond Fund COM 920955101 566 28695 SH Sole 28695 Waste Management Inc COM 2536 73665 SH Sole 73665 Wells Fargo & Co. COM 1616 51915 SH Sole 51915 Western Asset Claymore US TR COM 95766q106 142 11700 SH Sole 11700 Westpac Banking-Spon Adr COM 394 3100 SH Sole 3100 XTO Energy Inc COM 275 5825 SH Sole 5825 Yum Brands Inc COM 895953107 474 12374 SH Sole 12374 Zimmer Holdings Inc COM 1151 19440 SH Sole 19440 Allianz SE 8.375% PRD 258 10000 SH Sole 10000 BANK OF AMERICA CORP NON-CU PRD 060505765 257 10000 SH Sole 10000 DEUTSCHE BANK CAP FNDG NONCUM PRD 25153y206 277 12000 SH Sole 12000 GOLDMAN SACHS GROUP INC DEP SH PRD 38144x500 289 11475 SH Sole 11475 ING GROUP NV PERP H PRD 456837707 285 13000 SH Sole 13000 Merrill Lynch Pfd Cap Tr III 7 PRD 287 12965 SH Sole 12965 NATIONAL CITY CAP TR II TRUST PRD 63540t200 214 9000 SH Sole 9000 Fidelity Emerging Markets Fund COM 922042858 205 8866 SH Sole 8866 Fidelity Interediate Muni Inco 240 23585 SH Sole 23585 Fidelity Short Intermediate Mu 216 20282 SH Sole 20282 Fidelity Tax Free Bond Fund 124 11470 SH Sole 11470 Franklin Income Fund Cl B 79 37856 SH Sole 37856 JP Morgan Municipal Income Fun 302 30674 SH Sole 30674 JP Morgan Short Duration Bond 121 11088 SH Sole 11088 Royce Total Return Fund 185 15976 SH Sole 15976 Third Avenue Value Fund 884116104 322 6823 SH Sole 6823 Vanguard Interm Term Investmen 129 13187 SH Sole 13187 Vanguard Tax Exempt Money Mark 340 339541 SH Sole 339541