13F-HR 1 mpia.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ending: March 31, 2010 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: Mountain Pacific Investment Advisers, Inc. Address: 877 Main St., Suite 704 Boise, ID 83702 13F File Number: 28-07234 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 submission. Person Signing this Report on Behalf of Reporting Manager: Name: Rod MacKinnon Title: Secretary/Treasurer Phone: 208-336-1422 Signature, Place, and Date of Signing: Roderick MacKinnon Boise, Idaho April 27, 2010 Report Type (Check only one.): [x] 13F Holding Report [ ] 13F Notice [ ] 13F Combination Report List of Other Managers Reporting for this Manager: NONE FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 96 Form 13F Information Table Value Total: 473799 List of Other Included Managers: 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 Company COM 88579y101 950 11366.28 SH SOLE 11366.28 Abbott Laboratories COM 002824100 2863 54353.00 SH SOLE 54353.00 Alliance Data Sys Corp COM 018581108 14049 219550.00SH SOLE 219550.00 Ametek Inc COM 031100100 15334 369848.00SH SOLE 369848.00 Amphenol Corp Cl A COM 032095101 11991 284225.00SH SOLE 284225.00 Aptargroup Inc COM 038336103 14190 360612.00SH SOLE 360612.00 BP plc - Sponsored ADR COM 055622104 303 5309.00 SH SOLE 5309.00 Baldor Electric COM 057741100 4344 116161.00SH SOLE 116161.00 Bank Of America Corp COM 060505104 702 39304.98 SH SOLE 39304.98 Baxter International Inc COM 071813109 1587 27269.00 SH SOLE 27269.00 Beckman Coulter Inc COM 075811109 11177 177975.00SH SOLE 177975.00 Becton, Dickinson & Co COM 075887109 1828 23220.00 SH SOLE 23220.00 Bed Bath & Beyond Inc COM 075896100 8856 202377.00SH SOLE 202377.00 C R Bard COM 067383109 14353 165700.00SH SOLE 165700.00 C.H. Robinson Worldwide COM 12541w209 10838 194050.00SH SOLE 194050.00 Canadian National Railway Co COM 136375102 230 3798.00 SH SOLE 3798.00 Capital One Financial Corp COM 14040H105 1363 32913.00 SH SOLE 32913.00 Chevron Texaco Corp COM 166764100 2085 27498.00 SH SOLE 27498.00 Cisco Systems Inc COM 17275R102 1232 47342.00 SH SOLE 47342.00 Citigroup Inc COM 172967101 158 39045.00 SH SOLE 39045.00 City National Corp COM 178566105 5780 107100.00SH SOLE 107100.00 Colgate-Palmolive Co COM 194162103 563 6600.00 SH SOLE 6600.00 Composite Tech Corp COM 20461S108 8 28500.00 SH SOLE 28500.00 Costco Wholesale Corp COM 22160K105 2311 38705.00 SH SOLE 38705.00 Covidien PLC COM 0B3QN1M21 1478 29400.00 SH SOLE 29400.00 CyberSource Corp COM 23251J106 1130 64000.00 SH SOLE 64000.00 Danaher Corp COM 235851102 20084 251333.00SH SOLE 251333.00 Dentsply International Inc COM 249030107 10273 294530.00SH SOLE 294530.00 Donaldson Co COM 257651109 17033 377500.00SH SOLE 377500.00 Dun & Bradstreet Corp COM 26483E100 9425 126650.00SH SOLE 126650.00 Ecolab Inc COM 278865100 9803 223050.00SH SOLE 223050.00 Edwards Lifesciences COM 28176E108 7372 74550.00 SH SOLE 74550.00 Equifax Inc COM 294429105 10562 295015.00SH SOLE 295015.00 Exxon Mobil Corp COM 30231G102 3340 49866.00 SH SOLE 49866.00 Fastenal Co. COM 311900104 5857 122050.00SH SOLE 122050.00 Fidelity National Information COM 31620M106 10186 434539.00SH SOLE 434539.00 Fifth Third Bancorp COM 316773100 369 27192.00 SH SOLE 27192.00 Financial Select Sector SPDR COM 81369Y605 315 19775.00 SH SOLE 19775.00 Fiserv, Inc COM 337738108 16999 334897.00SH SOLE 334897.00 General Electric Co COM 369604103 3481 191251.03SH SOLE 191251.03 General Mills COM 370334104 250 3529.00 SH SOLE 3529.00 Global Payments Inc. COM 37940X102 9856 216380.00SH SOLE 216380.00 Henry Schein Inc COM 806407102 10022 170150.00SH SOLE 170150.00 Honeywell Intn'l Inc COM 438516106 596 13163.00 SH SOLE 13163.00 Hospira Inc COM 441060100 13415 236797.00SH SOLE 236797.00 IHS Inc Cl A COM 451734107 4635 86680.00 SH SOLE 86680.00 ITT Corporation COM 450911102 11306 210895.00SH SOLE 210895.00 Idex Corp COM 45167R104 14829 447998.00SH SOLE 447998.00 Int'l Business Machines COM 459200101 2453 19129.00 SH SOLE 19129.00 Intel Corp COM 458140100 486 21818.18 SH SOLE 21818.18 J P Morgan Chase & Co COM 46625H100 2669 59653.00 SH SOLE 59653.00 Johnson & Johnson COM 478160104 2330 35743.00 SH SOLE 35743.00 Landstar System Inc COM 515098101 5504 131110.00SH SOLE 131110.00 Lender Processing Services COM 52602e102 7174 190030.00SH SOLE 190030.00 Life Technologies Corp COM 53217v109 7599 145385.00SH SOLE 145385.00 M & T Bank Corp COM 55261F104 6569 82750.00 SH SOLE 82750.00 MSC Industrial Direct Co Cl A COM 553530106 10998 216840.00SH SOLE 216840.00 McDonald's Corp COM 580135101 294 4402.47 SH SOLE 4402.47 Micron Technology COM 595112103 333 32092.00 SH SOLE 32092.00 Microsoft Corp COM 594918104 406 13854.00 SH SOLE 13854.00 Mylan Laboratories COM 628530107 261 11500.00 SH SOLE 11500.00 New York Community Bancorp COM 649445103 432 26100.00 SH SOLE 26100.00 Nordstrom Inc. COM 655664100 204 5000.00 SH SOLE 5000.00 Oracle Corp COM 68389X105 777 30230.00 SH SOLE 30230.00 PNC Financial Serv. Group COM 693475105 2689 45039.00 SH SOLE 45039.00 PepsiCo, Inc COM 713448108 867 13104.00 SH SOLE 13104.00 Pfizer Inc COM 717081103 366 21319.00 SH SOLE 21319.00 Proctor & Gamble Co COM 742718109 1777 28091.00 SH SOLE 28091.00 Quest Diagnostics Inc COM 74834L100 11093 190300.00SH SOLE 190300.00 Robert Half Int'l Inc COM 770323103 4625 152000.00SH SOLE 152000.00 Rockwell Collins, Inc COM 774341101 12281 196210.00SH SOLE 196210.00 Roper Industries Inc COM 776696106 6134 106050.00SH SOLE 106050.00 Rovi Corp COM 779376102 557 15000.00 SH SOLE 15000.00 Royal Dutch Shell PLC-ADR A COM 780259206 257 4440.00 SH SOLE 4440.00 Scripps Ntwrks Int Cl A COM 811065101 257 5800.00 SH SOLE 5800.00 Sealed Air Corp COM 81211K100 2184 103615.00SH SOLE 103615.00 Solera Holdings Inc COM 83421A104 4027 104200.00SH SOLE 104200.00 Teleflex Inc COM 879369106 6555 102310.00SH SOLE 102310.00 Texas Instruments COM 882508104 390 15925.00 SH SOLE 15925.00 Thermo Fisher Scientific Inc COM 883556102 10678 207580.00SH SOLE 207580.00 U.S. Bancorp COM 902973304 4828 186572.00SH SOLE 186572.00 United Parcel Srvc Cl B COM 911312106 902 14000.00 SH SOLE 14000.00 United Technologies Corp COM 913017109 4179 56770.00 SH SOLE 56770.00 Varian Medical Systems COM 92220P105 2766 50000.00 SH SOLE 50000.00 Wal-Mart Stores COM 931142103 279 5012.00 SH SOLE 5012.00 Waters Corp COM 941848103 7311 108250.00SH SOLE 108250.00 Wells Fargo & Co. COM 949746101 3433 110316.29SH SOLE 110316.29 Westamerica Bancorp COM 957090103 5650 98000.00 SH SOLE 98000.00 Western Union Co COM 959802109 6719 396189.00SH SOLE 396189.00 Zions Bancorporation COM 989701107 2481 113580.00SH SOLE 113580.00 Franklin Oregon Tax Free Incom COM 354723785 308 26062.0640SH SOLE 26062.0640 Harbor International Fd Ins COM 411511306 373 6759.5610SH SOLE 6759.5610 Perkins Mid Cap Value Fund Inv COM 471023598 414 19790.8800SH SOLE 19790.8800 SPDR Trust Series 1 COM 78462F103 219 1875.0000SH SOLE 1875.0000 UMB Scout Intl Fund COM 904199403 330 11053.1370SH SOLE 11053.1370 Vanguard 500 Index Fund COM 922908108 670 6216.2340SH SOLE 6216.2340