13F-HR 1 thirteenf_033113.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: March 31, 2013 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: Maryland Capital Management, LLC Address: 800 N. Charles Street, Suite 500 Baltimore, MD 21201 13F File Number: 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: Andrew T. Chudy Title: Associate Analyst Phone: 410-547-2666 Signature, Place, and Date of Signing: Andrew T. Chudy Baltimore, MD May 14, 2013 Report Type (Check only one.): [X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 204 Form 13F Information Table Value Total: $526,566 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 613 5769 SH Sole 5769 AT&T Inc. COM 00206R102 4696 127995 SH Sole 127995 AbbVie, Inc. COM 00287Y109 926 22705 SH Sole 22705 Abbott Laboratories COM 002824100 12437 352133 SH Sole 352133 Accenture PLC COM G1150G111 270 3550 SH Sole 3550 Actavis, Inc. COM 00507k103 13408 145570 SH Sole 145570 Aflac Inc. COM 001055102 12258 235649 SH Sole 235649 Allergan, Inc. COM 018490102 230 2060 SH Sole 2060 Altria Group Inc. COM 02209S103 647 18824 SH Sole 18824 American Campus Communities COM 024835100 452 9970 SH Sole 9970 American Express Co. COM 025816109 254 3771 SH Sole 3771 Apple Inc. COM 037833100 13579 30677 SH Sole 30677 Aqua America Corp. COM 03836W103 471 14986 SH Sole 14986 Arch Capital Group Ltd. COM G0450A105 205 3900 SH Sole 3900 Arthur J. Gallagher & Co. COM 363576109 934 22600 SH Sole 22600 BB&T Corporation COM 054937107 2102 66971 SH Sole 66971 Bank of America Corp. COM 060505104 198 16260 SH Sole 16260 Berkshire Hathaway, Inc.- CL B COM 084670207 2587 24827 SH Sole 24827 Boardwalk Pipeline Partners, L COM 096627104 468 15980 SH Sole 15980 Bristol Myers Squibb, Inc. COM 110122108 1039 25225 SH Sole 25225 Buckeye Partners UTS Limited P COM 118230101 618 10100 SH Sole 10100 CVS Caremark Corp. COM 126650100 1049 19072 SH Sole 19072 Canadian National RY Co. COM 136375102 201 2000 SH Sole 2000 Catamaran Corporation COM 148887102 18573 350239 SH Sole 350239 Caterpillar Inc. COM 149123101 597 6859 SH Sole 6859 CenturyLink, Inc. COM 156700106 1574 44817 SH Sole 44817 Chevron Corp. COM 166764100 2644 22252 SH Sole 22252 Chipotle Mexican Grill Inc. COM 169656105 17127 52558 SH Sole 52558 Cincinnati Financial Corporati COM 172062101 980 20750 SH Sole 20750 Coca-Cola Co. COM 191216100 1921 47497 SH Sole 47497 Colgate Palmolive Co. COM 194162103 760 6437 SH Sole 6437 Concho Resources Inc. COM 20605P101 203 2085 SH Sole 2085 ConocoPhillips COM 20825c104 3926 65320 SH Sole 65320 Consol Energy Inc. COM 20854P109 294 8740 SH Sole 8740 Consolidated Edison Co., Inc. COM 209115104 411 6733 SH Sole 6733 Corporate Office Properties Tr COM 22002T108 3361 125975 SH Sole 125975 Costco Wholesale Corp. COM 22160K105 442 4162 SH Sole 4162 Covidien PLC - F COM G2552X108 218 3220 SH Sole 3220 Cummins Inc. COM 231021106 9418 81321 SH Sole 81321 DTE Energy Co. COM 233331107 205 3000 SH Sole 3000 Deere & Co., Inc. COM 244199105 10481 121904 SH Sole 121904 Dominion Resources, Inc. COM 25746U109 1589 27303 SH Sole 27303 Duke Energy Corp. COM 26441C204 3638 50119 SH Sole 50119 Dupont Co., Inc. COM 263534109 2003 40735 SH Sole 40735 EMC Corp. COM 268648102 222 9275 SH Sole 9275 Eli Lilly & Co. COM 532457108 1541 27133 SH Sole 27133 Empire District Electric Co. COM 291641108 358 16000 SH Sole 16000 Enbridge Energy Partners, LP COM 29250R106 2654 88050 SH Sole 88050 Enterprise Products Partners L COM 293792107 1887 31295 SH Sole 31295 Exelon Corporation COM 30161N101 333 9662 SH Sole 9662 Express Scripts Holding Compan COM 30219G108 23136 401531 SH Sole 401531 Exxon Mobil Corp. COM 30231G102 19698 218604 SH Sole 218604 Federal Realty Investment Trus COM 313747206 249 2305 SH Sole 2305 FelCor Lodging Trust Incorpora COM 31430F101 59 10000 SH Sole 10000 Foot Locker Inc. COM 344849104 249 7280 SH Sole 7280 Ford Motor Corp. COM 345370860 306 23304 SH Sole 23304 Frontier Communications COM 35906A108 100 25066 SH Sole 25066 General Electric Co., Inc. COM 369604103 16139 698059 SH Sole 698059 Glimcher Realty Trust REIT COM 379302102 134 11575 SH Sole 11575 Google Inc. COM 38259P508 10529 13258 SH Sole 13258 HCP, Inc. COM 40414L109 4264 85528 SH Sole 85528 Health Care Reit Inc. COM 42217K106 5700 83939 SH Sole 83939 Healthcare Realty Trust Inc. COM 421946104 418 14725 SH Sole 14725 Home Depot, Inc. COM 437076102 1077 15437 SH Sole 15437 Home Properties, Inc. COM 437306103 1145 18060 SH Sole 18060 Intel Corp. COM 458140100 10444 478319 SH Sole 478319 Intl Business Machines, Corp. COM 459200101 2282 10699 SH Sole 10699 Intuitive Surgical Inc. COM 46120E602 312 636 SH Sole 636 J P Morgan Chase & Co. COM 46625H100 1173 24726 SH Sole 24726 Johnson & Johnson COM 478160104 2803 34375 SH Sole 34375 Kimberly Clark Corp. COM 494368103 1035 10560 SH Sole 10560 Kinder Morgan Energy Unit LTD COM 494550106 4026 44853 SH Sole 44853 Kinder Morgan Inc. COM 49456B101 597 15445 SH Sole 15445 Kraft Foods Group COM 50076Q106 309 6003 SH Sole 6003 Las Vegas Sands Corp. COM 517834107 11485 203820 SH Sole 203820 Lowes Companies, Inc. COM 548661107 440 11615 SH Sole 11615 M & T Bank Corp. COM 55261F104 10511 101888 SH Sole 101888 Marathon Oil Corp. COM 565849106 261 7741 SH Sole 7741 Marathon Petroleum Corporation COM 56585a102 317 3540 SH Sole 3540 Mastercard Incorporated COM 57636Q104 9950 18388 SH Sole 18388 McCormick & Co., Inc. - Voting COM 579780107 7644 104217 SH Sole 104217 McCormick & Company, Inc. COM 579780206 4689 63746 SH Sole 63746 McDonald's Corp., Inc. COM 580135101 1366 13701 SH Sole 13701 Medtronic, Inc. COM 585055106 725 15447 SH Sole 15447 Merck & Co., Inc. COM 589331107 1177 26627 SH Sole 26627 Microsoft Corp. COM 594918104 10579 369836 SH Sole 369836 Mondelez Int'l. Inc. COM 50075N104 452 14768 SH Sole 14768 NII Holdings Inc. COM 62913F201 130 30000 SH Sole 30000 NextEra Energy COM 65339f101 917 11800 SH Sole 11800 Occidental Petroleum Corp., In COM 674599105 237 3025 SH Sole 3025 Oceaneering Intl Inc. COM 675232102 272 4100 SH Sole 4100 Omega Healthcare Invs REIT COM 681936100 995 32775 SH Sole 32775 Oracle Corp. COM 68389X105 376 11620 SH Sole 11620 PPL Corporation COM 69351T106 1617 51645 SH Sole 51645 Paychex, Inc. COM 704326107 375 10700 SH Sole 10700 Pembina Pipeline Corp. Ordinar COM 706327103 263 8330 SH Sole 8330 Pepco Holdings COM 713291102 634 29633 SH Sole 29633 Pepsico, Inc. COM 713448108 13199 166843 SH Sole 166843 Pfizer, Inc. COM 717081103 2854 98884 SH Sole 98884 Philip Morris International In COM 718172109 1380 14880 SH Sole 14880 Phillips 66 COM 718546104 367 5243 SH Sole 5243 Pitney Bowes Inc. COM 724479100 235 15792 SH Sole 15792 Plum Creek Timber Co. REIT COM 729251108 520 9960 SH Sole 9960 Procter & Gamble, Co. COM 742718109 12896 167352 SH Sole 167352 Prologis REIT COM 743410102 212 5299 SH Sole 5299 Qualcomm, Inc. COM 747525103 10670 159392 SH Sole 159392 Rock-Tenn Company-CL A COM 772739207 1165 12553 SH Sole 12553 Royal Dutch Shell COM 780259206 324 4980 SH Sole 4980 Sandy Spring Bancorp, Inc. COM 800363103 370 18400 SH Sole 18400 Schlumberger Inc. COM 806857108 752 10044 SH Sole 10044 Simon Property Group COM 828806109 326 2058 SH Sole 2058 Southern Company, Inc. COM 842587107 1669 35580 SH Sole 35580 Suburban Propane Partners, L.P COM 864482104 728 16355 SH Sole 16355 T J X Cos Inc. COM 872540109 201 4300 SH Sole 4300 T.Rowe Price Group, Inc. COM 74144T108 1148 15327 SH Sole 15327 Time Warner Cable COM 88732J108 540 5617 SH Sole 5617 Time Warner Inc. COM 887317105 1420 24641 SH Sole 24641 U S Bancorp. COM 902973304 338 9967 SH Sole 9967 Under Armour, Inc. COM 904311107 11014 215119 SH Sole 215119 Universal Health Realty Income COM 91359E105 469 8120 SH Sole 8120 V.F. Corporation COM 918204108 16076 95832 SH Sole 95832 Ventas, Inc. COM 92276F100 1065 14549 SH Sole 14549 Verizon Communications COM 92343V104 4611 93819 SH Sole 93819 WGL Holdings, Inc. COM 92924F106 464 10526 SH Sole 10526 Wal-Mart Company, Inc. COM 931142103 955 12758 SH Sole 12758 Walt Disney Company, Inc. COM 254687106 268 4722 SH Sole 4722 Washington REIT COM 939653101 4230 151942 SH Sole 151942 Weingarten Realty Investors COM 948741103 441 13975 SH Sole 13975 Wells Fargo Inc. COM 949746101 713 19265 SH Sole 19265 Westar Energy, Inc. COM 95709T100 217 6555 SH Sole 6555 Whole Foods Market, Inc. COM 966837106 390 4495 SH Sole 4495 Windstream Corp. COM 97381W104 81 10267 SH Sole 10267 Yum Brands, Inc. COM 988498101 12175 169238 SH Sole 169238 eBay, Inc. COM 278642103 9501 175235 SH Sole 175235 Aegon NV 7.25% PFD PFD N00927348 597 23220 SH Sole 23220 BG&E Cap Trust II 6.20% Prefer PFD 05541Q206 2366 92340 SH Sole 92340 Bank of America 8.2% rep. 1/10 PFD 060505765 2347 92100 SH Sole 92100 Goldman Sachs Group, Inc. 6.12 PFD 38145X111 1513 56355 SH Sole 56355 Goldman Sachs- Series B Pfd. 6 PFD 266 10400 SH Sole 10400 Kimco Realty 6.90% PFD PFD 49446R828 471 17590 SH Sole 17590 Metlife Inc. 6.5% Pfd Non-cumu PFD 59156R603 1869 73745 SH Sole 73745 Partnerre Ltd. 6.5% Perpetual PFD G68603409 860 33745 SH Sole 33745 AGIC Conv & Income Fund ETF 65370F101 620 65375 SH Sole 65375 Alerian MLP ETF ETF 00162Q866 6295 355222 SH Sole 355222 Alliance Berstein Global High ETF 01879R106 1263 77355 SH Sole 77355 AllianceBernstein Income Fund ETF 01881E101 164 20025 SH Sole 20025 BlackRock Corporate High Yield ETF 09255P107 341 26400 SH Sole 26400 Calamos Cnv High Income Fund ETF 12811P108 355 27680 SH Sole 27680 Calamos Conv Opportunity Fund ETF 128117108 1660 131550 SH Sole 131550 ClearBridge Energy MLP Fund In ETF 210317103 252 9400 SH Sole 9400 Diamonds Trust Series ETF 78467X109 408 2810 SH Sole 2810 Global X FTSE Greece 20 ETF ETF 37950E366 536 35982 SH Sole 35982 Harbor Bond Fund Inst Cl ETF 411511108 166 13315 SH Sole 13315 Kayne Anderson Energy Total Re ETF 48660P104 226 7600 SH Sole 7600 Kayne Anderson MLP Investment ETF 486606106 904 26050 SH Sole 26050 MFS Charter Income Trust ETF 552727109 101 10000 SH Sole 10000 New America High Income Fund I ETF 641876800 115 10883 SH Sole 10883 Nicholas-Applegate Conv. Incom ETF 65370G109 283 32625 SH Sole 32625 Nuveen Equity Premier Income F ETF 6706ER101 184 14400 SH Sole 14400 Nuveen Equity Premier Oppty Fu ETF 6706EM102 180 14250 SH Sole 14250 Nuveen MD Prem Income Muni Fun ETF 67061Q107 262 18067 SH Sole 18067 Oakseed Opportunity Institutio ETF 46141P206 169 15861 SH Sole 15861 Pimco Corporate Oppty Fund ETF 72201B101 2059 95680 SH Sole 95680 Powershares India ETF ETF 73935L100 674 37350 SH Sole 37350 RidgeWorth US Gov. Sec. Ultra- ETF 76628T439 402 39496 SH Sole 39496 SPDR DJ Wilshire REIT ETF ETF 78464A607 2859 36827 SH Sole 36827 SPDR Gold Trust ETF ETF 78463V107 228 1475 SH Sole 1475 Shares MSCI Switzerland Index ETF 464286749 628 21382 SH Sole 21382 Vanguard Consumer Discretionar ETF 92204A108 432 5088 SH Sole 5088 Vanguard Industrials ETF ETF 92204A603 256 3209 SH Sole 3209 Vanguard Large Cap ETF 922908637 665 9273 SH Sole 9273 Vanguard MSCI EAFE ETF ETF 921943858 2178 59782 SH Sole 59782 Vanguard MSCI Emerging Markets ETF 922042858 3131 72982 SH Sole 72982 Vanguard Mid Cap ETF ETF 922908629 2109 22708 SH Sole 22708 Vanguard REIT ETF ETF 922908553 4527 64188 SH Sole 64188 Vanguard S&P 500 (ETF) ETF 922908413 222 3095 SH Sole 3095 Vanguard Small Cap ETF ETF 922908751 3582 39295 SH Sole 39295 Western Asst High Incm Opprtnt ETF 95766K109 382 60000 SH Sole 60000 iPath Dow Jones-AIG Commodity ETF 06738C778 1447 35635 SH Sole 35635 iPath MSCI India Index (ETN) ETF 06739F291 253 4425 SH Sole 4425 iShares Dow Jones U.S. Healthc ETF 464287762 383 3972 SH Sole 3972 iShares Dow Jones US Consumer ETF 464287812 353 4154 SH Sole 4154 iShares FTSE/Xinhua China 25 I ETF 464287184 1045 28285 SH Sole 28285 iShares Inc. MSCI Turkey Fund ETF 464286715 583 8190 SH Sole 8190 iShares JPMorgan USD Emer Mkt ETF 464288281 305 2589 SH Sole 2589 iShares MSCI ACWI ex US Consum ETF 464289628 383 5011 SH Sole 5011 iShares MSCI BRIC Index ETF 464286657 846 21780 SH Sole 21780 iShares MSCI EAFE Index Fund ETF 464287465 3600 61045 SH Sole 61045 iShares MSCI Emerging Markets ETF 464287234 1477 34523 SH Sole 34523 iShares MSCI Hong Kong Index F ETF 464286871 353 17785 SH Sole 17785 iShares MSCI Japan Index Fund ETF 464286848 112 10325 SH Sole 10325 iShares MSCI Taiwan Index Fund ETF 464286731 138 10316 SH Sole 10316 iShares MSCI Thai Index Fund ETF 464286624 625 6860 SH Sole 6860 iShares Mexico Index Fund ETF 464286822 646 8658 SH Sole 8658 iShares Russell 1000 Growth ETF 464287614 823 11526 SH Sole 11526 iShares Russell 2000 Index Fun ETF 464287655 4031 42688 SH Sole 42688 iShares Russell MidCap Index F ETF 464287499 823 6466 SH Sole 6466 iShares Russell Midcap Value I ETF 464288406 718 12605 SH Sole 12605 iShares TR Barclays Aggregate ETF 464287226 1283 11591 SH Sole 11591 iShares Tr Dow Jones RE US Rea ETF 464287739 752 10825 SH Sole 10825 iShares Trust Iboxx $ High Yie ETF 464288513 5633 59706 SH Sole 59706 iShares Trust Russell 2000 Gro ETF 464287648 625 5810 SH Sole 5810 iShares Trust S&P 500 Index ETF 464287200 6738 42821 SH Sole 42821 iShares iBoxx $ Invest Grade C ETF 464287242 899 7498 SH Sole 7498