13F-HR 1 r13fhrbob033111.txt 13F-HR SUBMISSION UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year of Quarter End MARCH,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: GUARDIAN INVESTMENT MANAGEMENT 425 CALIFORNIA STREET,17th FLR. SAN FRANCISCO,CA.94104 13F File Number: 28-12111 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: Robert M.Tomasello Title Partner Phone: 415-765-6860 Signature, Place, and Date of Signing: Robert Tomasello, San Francisco, CA APRIL,2011 Report Type (Check only one) [ X ] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. 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 51 Form 13F Information Table Value Total:$ 57,887 List of Other Included Managers: FORM 13 F INFORMATION TABLE TITLE OF VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MNGRS SOLE SHARED NONE ALKERMES COM 01642T108 203 15700 SH SOLE ALLEGHENY TECH COM 01741R102 593 8750 SH SOLE AMGEN COM 031162100 1360 25445 SH SOLE AMERICAN EXPRESS COM 025816109 684 15140 SH SOLE ANADARKO COM 032511107 967 11800 SH SOLE WEYERHAUSER COM 962166104 568 23000 SH SOLE AT&T COM 00206R102 1430 46731 SH SOLE BANK OF AMERICA COM 060900115 946 70998 SH SOLE BOEING COM 097023105 1070 14486 SH SOLE BP AMOCO COM 055622104 528 11970 SH SOLE BRISTOL MYERS COM 110122108 1293 48930 SH SOLE CATERPILLAR TRACTOR COM 149123101 2078 18660 SH SOLE CHEVRON COM 166764100 5378 50030 SH SOLE CISCO COM 17275R102 717 41800 SH SOLE COLGATE PALMOLIVE COM 194162103 969 12000 SH SOLE CONOCO COM 20825C104 1274 15948 SH SOLE ALCOA COM 013817101 295 16750 SH SOLE COSTCO COM 22160K105 874 11920 SH SOLE DUKE ENERGY COM 26441C105 708 39000 SH SOLE E.I. DUPONT COM 263534109 809 14725 SH SOLE EMC COM 268648102 1256 47306 SH SOLE ESTEE LAUDER COM 518439104 1253 13000 SH SOLE EXXON MOBIL COM 30231g102 4291 51000 SH SOLE GENERAL ELECTRIC COM 369604103 1995 99500 SH SOLE H.J.HEINZ COM 423074103 952 19000 SH SOLE TOTAL SA COM 89151E109 793 13000 SH SOLE VERIZON COM 92826C839 983 25500 SH SOLE CITIGROUP COM 172967101 386 87300 SH SOLE IBM COM 459200101 858 5264 SH SOLE ILLINOIS TOOL WORKS COM 452308109 1010 18800 SH SOLE INGERSOLL RAND COM G4776G101 758 15700 SH SOLE INTEL COM 458140100 1927 95500 SH SOLE JOHNSON & JOHNSON COM 478160104 1529 25800 SH SOLE KIMBERLY CLARK COM 494368103 816 12500 SH SOLE MICROSOFT COM 594918104 2107 83000 SH SOLE NOBLE CORP COM h5833n103 826 18100 SH SOLE NORFOLK & SOUTHERN COM 655844108 1003 14483 SH SOLE ORACLE COM 68389x105 350 10483 SH SOLE ABBOTT LABS COM 002824100 932 19000 SH SOLE PFIZER COM 717081103 1531 75431 SH SOLE PROCTER&GAMBLE COM 742718109 1971 32000 SH SOLE SARA LEE COM 803111103 569 32200 SH SOLE I SHARES AUSTRALIA COM 464286103 678 25476 SH SOLE TEVA PHARMACEUTICAL COM 881624209 502 10000 SH SOLE MERCK COM 58933Y105 294 10000 SH SOLE 3M CORP. COM 88579y101 1980 21172 SH SOLE TRINITY INDUSTRIES COM 896522109 933 25450 SH SOLE CONAGRA COM 205887102 534 22500 SH SOLE WALGREEN COM 931422109 763 19000 SH SOLE WELLS FARGO COM 949746101 595 18750 SH SOLE KRAFT COM 50075N104 768 24500 SH SOLE
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