-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, L9qidVwE4nVJwrd+nGpIlBjYMsgKZL01v/TavcbOWajNI+ceqyk6/wDuJFEas2Jq /uHHABAGbdBmcwdACxtFrw== 0001112179-11-000002.txt : 20110131 0001112179-11-000002.hdr.sgml : 20110131 20110131121915 ACCESSION NUMBER: 0001112179-11-000002 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20101231 FILED AS OF DATE: 20110131 DATE AS OF CHANGE: 20110131 EFFECTIVENESS DATE: 20110131 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TREES INVESTMENT COUNSEL LLC CENTRAL INDEX KEY: 0001112179 IRS NUMBER: 364295636 STATE OF INCORPORATION: IL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-05659 FILM NUMBER: 11558424 BUSINESS ADDRESS: STREET 1: 70 WEST MADISON STREETE STREET 2: SUITE 640 CITY: CHICAGO STATE: IL ZIP: 60602 BUSINESS PHONE: 3123681200 MAIL ADDRESS: STREET 1: 70 WEST MADISON STREET STREET 2: SUITE 640 CITY: CHICAGO STATE: IL ZIP: 60602 13F-HR 1 sec13f123110.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, 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: Trees Investment Counsel, LLC Address: 70 West Madison Street Suite 640 Chicago,IL 60602 13F File Number: 28-5659 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. Jay Trees Title: Chairman Phone: 312-368-1200 Signature, Place, and Date of Signing: M. Jay Trees, Chicago, 01/26/11 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: 61 FORM 13F INFORMATION TABLE VALUE TOTAL: $140,160,624 LIST OF OTHER INCLUDED MANAGERS: NO. 13F FILE NUMBER NAME FORM 13F INFORMATION TABLE AS OF DATE: 12/31/10 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 COM 88579Y101 3892 45103 SH SOLE 0 0 45103 ABBOTT LABORATORIES COM 002824100 2428 50673 SH SOLE 0 0 50673 ACCENTURE PLC IRELAND COM G1151C101 3056 63016 SH SOLE 0 0 63016 AIR PRODUCTS & CHEMIC COM 009158106 1213 13334 SH SOLE 0 0 13334 ANGLO AMERN PLC ADR N COM 03485P201 3277 125500 SH SOLE 0 0 125500 BANK OF NEW YORK MELL COM 064058100 230 7600 SH SOLE 0 0 7600 BERKSHIRE HATHAWAY INC COM 084670702 397 4950 SH SOLE 0 0 4950 BLACKSTONE GROUP L P COM 09253U108 777 54900 SH SOLE 0 0 54900 BOSTON PROP LP CONVT NOTE 10112RAG9 882 800000 PRN SOLE 0 0 800000 BP PLC - ADR COM 055622104 911 20623 SH SOLE 0 0 20623 BSCH BANCO SANTANDER COM 05964H105 2430 228200 SH SOLE 0 0 228200 BUNGE LIMITED COM COM G16962105 2072 31617 SH SOLE 0 0 31617 CANADIAN IMPERIAL BK COM 136069101 886 11300 SH SOLE 0 0 11300 CEMEX S A ADR SPSRD N COM 151290889 2163 201966 SH SOLE 0 0 201966 CENTRICA PLC SHS COM G2018Z143 676 130250 SH SOLE 0 0 130250 CENTRICA PLC (NEW) COM 15639K300 930 44762 SH SOLE 0 0 44762 CISCO SYSTEMS, INC COM 17275R102 2142 105900 SH SOLE 0 0 105900 ECOLAB INC COM 278865100 2295 45527 SH SOLE 0 0 45527 EXXON MOBIL CORPORATI COM 30231G102 3938 53851 SH SOLE 0 0 53851 GENERAL ELECTRIC COMP COM 369604103 4355 238105 SH SOLE 0 0 238105 GOLDCORP INC NEW COM COM 380956409 3101 67433 SH SOLE 0 0 67433 HOLOGIC INC COM COM 436440101 1465 77833 SH SOLE 0 0 77833 ILLINOIS TOOL WORKS I COM 452308109 3115 58326 SH SOLE 0 0 58326 INTEL CORP COM 458140100 1894 90070 SH SOLE 0 0 90070 INTERNATIONAL BUSINES COM 459200101 342 2333 SH SOLE 0 0 2333 ISHARES TR MSCI EMERG ETF 464287234 2924 61370 SH SOLE 0 0 61370 J.P. MORGAN CHASE & C COM 46625H100 5299 124928 SH SOLE 0 0 124928 JOHNSON & JOHNSON COM 478160104 3129 50594 SH SOLE 0 0 50594 LILLY, ELI AND COMPAN COM 532457108 415 11852 SH SOLE 0 0 11852 MC DONALD'S CORP COM 580135101 269 3500 SH SOLE 0 0 3500 MDU RES GROUP INC COM COM 552690109 2204 108734 SH SOLE 0 0 108734 MEDASSETS INC COM COM 584045108 606 30000 SH SOLE 0 0 30000 MEDTRONIC INC COM 585055106 1586 42757 SH SOLE 0 0 42757 MEDTRONIC INC CONVERT NOTE 585055AL0 100 100000 PRN SOLE 0 0 100000 MERCK & COMPANY COM 58933Y105 591 16400 SH SOLE 0 0 16400 MICROSOFT CORP COM 594918104 1084 38838 SH SOLE 0 0 38838 NESTLE SA ADR COM 641069406 5039 85791 SH SOLE 0 0 85791 NORTHERN TRUST CORPOR COM 665859104 5242 94600 SH SOLE 0 0 94600 NOVARTIS AG - ADR COM 66987V109 2869 48672 SH SOLE 0 0 48672 OCCIDENTAL PETROLEUM COM 674599105 3167 32281 SH SOLE 0 0 32281 OMNICOM GROUP COM 681919106 2972 64883 SH SOLE 0 0 64883 PEPSICO INC COM 713448108 4003 61271 SH SOLE 0 0 61271 PFIZER INC COM 717081103 1700 95361 SH SOLE 0 0 95361 PROGRESSIVE CORPORATI COM 743315103 555 27915 SH SOLE 0 0 27915 QUALCOMM INC COM 747525103 3158 63817 SH SOLE 0 0 63817 ROCKWELL COLLINS INC COM 774341101 3757 64483 SH SOLE 0 0 64483 SCHLUMBERGER, LTD. COM 806857108 7261 86962 SH SOLE 0 0 86962 SPDR S&P BIOTECH ETF COM 78464A870 2869 45476 SH SOLE 0 0 45476 SYSCO CORPORATION COM 871829107 2316 78767 SH SOLE 0 0 78767 TALISMAN ENERGY INC COM 87425E103 5410 243790 SH SOLE 0 0 243790 TEVA PHARMACEUTICAL I COM 881624209 2124 40750 SH SOLE 0 0 40750 TRANSATLANTIC HLDGS I COM 893521104 258 5000 SH SOLE 0 0 5000 TRANSOCEAN LTD ZUG NA COM H8817H100 278 4000 SH SOLE 0 0 4000 VANGUARD INTL EQUITY ETF 922042866 2204 38633 SH SOLE 0 0 38633 VERIZON COMMUNICATION COM 92343V104 2755 76991 SH SOLE 0 0 76991 VISA INC COM CL A COM 92826C839 2289 32517 SH SOLE 0 0 32517 VODAFONE GROUP INC COM 92857W209 3170 119901 SH SOLE 0 0 119901 WAL MART STORES, INC. COM 931142103 324 6000 SH SOLE 0 0 6000 WALGREEN CO COM 931422109 3144 80698 SH SOLE 0 0 80698 WELLS FARGO NEW COM 949746101 3402 109770 SH SOLE 0 0 109770 YUM BRANDS INC COM COM 988498101 2855 58216 SH SOLE 0 0 58216
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