13F-HR 1 eps4785.txt MARBLE HARBOR INVESTMENT COUNCIL UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: June 30, 2012 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: MARBLE HARBOR INVESTMENT COUNSEL, LLC Address: 101 FEDERAL STREET, SUITE 2505 BOSTON, MA 02110 Form 13F File Number: 028-12079 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: Paul R. Davis Title: Managing Member Phone: 617-956-6710 Signature, Place, and Date of Signing: /s/ Paul R. Davis Boston, MA 08/01/2012 ----------------- ------------- ---------- (Signature) (City, State) (Date) Report Type (Check only one): |X| 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) |_| 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) |_| 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 118 Form 13F Information Value Total (thousands): $263,782 List of Other Included Managers: NONE Form 13F-HR Information Table
Title of VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY Name of Issuer Class CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE -------------- ----- ----- -------- ------- --- ---- ---------- -------- ---- ------ ---- 3M CO COMMON 88579Y101 5138 57348 SH Sole 55348 2000 ABBOTT LABORATORIES COMMON 002824100 14335 222355 SH Sole 201855 20500 AFLAC INC COMMON 001055102 2954 69355 SH Sole 62055 7300 AIR PRODUCTS & CHEMICALS INC COMMON 009158106 3768 46669 SH Sole 44897 1772 ALTRIA GROUP INC COMMON 02209s103 298 8625 SH Sole 7825 800 AMERICAN EXPRESS COMMON 025816109 428 7345 SH Sole 7345 0 ANNALY CAPITAL MANAGEMENT INC COMMON 035710409 216 12900 SH Sole 12900 0 APACHE CORP COMMON 037411105 973 11065 SH Sole 9065 2000 APPLE INC COMMON 037833100 419 717 SH Sole 717 0 ARCHER DANIELS MIDLAND CO COMMON 039483102 301 10200 SH Sole 10200 0 AT&T INC COMMON 00206R102 2125 59579 SH Sole 57979 1600 AUTOMATIC DATA PROCESSING INC COMMON 053015103 9444 169673 SH Sole 155283 14390 BANK OF HAWAII CORP. COMMON 062540109 4193 91245 SH Sole 86095 5150 BANK OF NEW YORK MELLON CORP COMMON 064058100 211 9595 SH Sole 9595 0 BERKSHIRE HATHAWAY CL B 084670702 1282 15390 SH Sole 14240 1150 BOEING CO COMMON 097023105 435 5860 SH Sole 5860 0 BP PLC SPONSORED ADR 055622104 835 20585 SH Sole 20585 0 C R BARD INC COMMON 067383109 333 3100 SH Sole 1300 1800 CHEVRON CORP COMMON 166764100 1857 19598 SH Sole 17398 200 CHUBB CORP. COMMON 171232101 724 9948 SH Sole 9948 0 CHURCH & DWIGHT CO. COMMON 171340102 249 4490 SH Sole 4490 0 CISCO SYSTEMS INC COMMON 17275r102 6870 400093 SH Sole 373443 26650 COCA COLA CO COMMON 191216100 6698 85662 SH Sole 76906 8756 COLGATE-PALMOLIVE CO COMMON 194162103 885 8501 SH Sole 8501 0 CONOCOPHILLIPS COMMON 20825C104 426 7629 SH Sole 7629 0 COSTCO WHOLESALE CORP COMMON 22160k105 411 4322 SH Sole 4322 0 COVIDIEN PLC COMMON g2554f113 578 10822 SH Sole 10822 0 CVS CAREMARK CORP COMMON 126650100 229 4895 SH Sole 3895 1000 DANAHER CORP COMMON 235851102 799 15350 SH Sole 15350 0 DENTSPLY INTERNATIONAL INC COMMON 249030107 295 7800 SH Sole 7800 0 DIAGEO PLC SPONSORED ADR 25243q205 2577 25000 SH Sole 23592 1408 DOMINION RESOURCES INC VA NEW COMMON 25746u109 258 4773 SH Sole 4773 0 DUKE ENERGY HOLDING CORP COMMON 26441c204 749 32480 SH Sole 32480 0 E I DUPONT DENEMOURS & CO COMMON 263534109 1334 26387 SH Sole 26387 0 EBAY INC COMMON 278642103 3665 87250 SH Sole 78150 9100 ECOLAB INC COMMON 278865100 3440 50194 SH Sole 43490 6704 EDWARDS LIFESCIENCES CORP COMMON 28176e108 1462 14150 SH Sole 14150 0 ELI LILLY & CO COMMON 532457108 296 6900 SH Sole 6000 900 EMC CORP COM (MA) COMMON 268648102 1389 54190 SH Sole 54190 0 EMERSON ELECTRIC CO COMMON 291011104 2462 52846 SH Sole 46046 6800 ENCANA CORP COMMON 292505104 502 24085 SH Sole 22585 1500 EXELON CORP. COMMON 30161N101 254 6750 SH Sole 6750 0 EXPEDITORS INT'L OF WASHINGTON COMMON 302130109 2394 61784 SH Sole 57884 3900 EXXON MOBIL CORP COMMON 30231G102 15845 236372 SH Sole 176012 9160 FASTENAL CO. COMMON 311900104 225 5573 SH Sole 5573 0 FISERV INC COMMON 337738108 4699 65062 SH Sole 57262 7800 GENERAL ELECTRIC CO COMMON 369604103 8863 458300 SH Sole 392665 32635 GOOGLE INC CL A 38259p508 421 726 SH Sole 676 50 HEALTHCARE REALTY TRUST COMMON 421946104 6483 271948 SH Sole 251548 20400 HEWLETT-PACKARD CO COMMON 428236103 572 28443 SH Sole 28443 0 HINGHAM INSTITUTIONAL SAVINGS COMMON 433323102 265 4378 SH Sole 2367 2011 HOLOGIC INC. COMMON 436440101 180 10000 SH Sole 10000 0 HOME DEPOT INC COMMON 437076102 657 12404 SH Sole 10454 1950 HUNTINGTON BANCSHARES INC COMMON 446150104 190 60412 SH Sole 29614 0 IDEXX LABS INC COMMON 45168d104 1560 16225 SH Sole 14725 1500 INTEL CORP COMMON 458140100 2366 102383 SH Sole 83883 4900 INTERNATIONAL BUSINESS MACHINE COMMON 459200101 2596 13273 SH Sole 12973 300 IRON MOUNTAIN INC COMMON 462846106 8000 242721 SH Sole 224093 18628 J P MORGAN CHASE & CO COMMON 46625H100 717 20054 SH Sole 20054 0 JOHNSON & JOHNSON COMMON 478160104 3997 59169 SH Sole 59169 0 JOHNSON CONTROLS INC COMMON 478366107 975 35180 SH Sole 30480 4700 KIMBERLY-CLARK CORP COMMON 494368103 962 11480 SH Sole 11180 300 KRAFT FOODS INC CL A 50075n104 241 6248 SH Sole 5286 962 LAM RESEARCH CORP. COMMON 512807108 289 7650 SH Sole 7650 0 LINEAR TECHNOLOGY CORP COMMON 535678106 5490 175235 SH Sole 157531 17704 LO JACK CORP COMMON 539451104 156 51580 SH Sole 51580 0 MCDONALD'S CORP COMMON 580135101 3457 39047 SH Sole 39047 0 MEAD JOHNSON NUTRITION COMMON 582839106 323 4009 SH Sole 4009 0 MEDTRONIC INC COMMON 585055106 3314 85558 SH Sole 76758 8800 MERCK & CO INC NEW COMMON 58933y105 2694 64533 SH Sole 60933 3600 MICROSOFT CORP COMMON 594918104 6642 217131 SH Sole 201971 15160 MOLEX INC CL A 608554200 4898 242100 SH Sole 229200 12900 MOLYCORP COMMON 608753109 511 23710 SH Sole 22210 1500 MRV COMMUNICATIONS, INC. COMMON 553477100 8 12000 SH Sole 0 12000 NEWMONT MINING CORP. COMMON 651639106 252 5190 SH Sole 5190 0 NORTHEAST UTILITIES COMMON 664397106 208 5351 SH Sole 5351 0 NORTHERN TRUST CORP. COMMON 665859104 5152 111962 SH Sole 105712 6250 O'REILLY AUTOMOTIVE INC NEW COMMON 67103h107 2391 28545 SH Sole 28545 0 ONEOK INC. COMMON 682680103 271 6400 SH Sole 6400 0 PARKER HANNIFIN CORP. COMMON 701094104 336 4365 SH Sole 4365 0 PEPSICO INC COMMON 713448108 7230 112723 SH Sole 100823 1500 PETSMART INC COMMON 716768106 3249 47655 SH Sole 41255 6400 PFIZER INC COMMON 717081103 8126 463955 SH Sole 328937 24352 PHILIP MORRIS INTL COMMON 718172109 787 9016 SH Sole 8216 800 PRAXAIR INC COMMON 74005p104 1537 14136 SH Sole 14136 0 PROCTER & GAMBLE CO COMMON 742718109 6971 326668 SH Sole 109235 4575 PROGRESSIVE CORP OHIO COMMON 743315103 1725 82794 SH Sole 64394 18400 QUALCOMM INC COMMON 747525103 782 14045 SH Sole 14045 0 ROYAL BANK OF CANADA COMMON 780087102 231 4506 SH Sole 4506 0 ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 768 11387 SH Sole 11387 0 SCHLUMBERGER LTD COMMON 806857108 6534 100660 SH Sole 93900 6760 SIGMA ALDRICH CORP COMMON 826552101 1559 21090 SH Sole 21090 0 SIMON PROPERTY GROUP INC. COMMON 828806109 250 1603 SH Sole 1603 0 SOUTHERN CO COMMON 842587107 353 7614 SH Sole 7614 0 SPECTRA ENERGY CORP COMMON 847560109 337 11600 SH Sole 11600 0 STERICYCLE INC COMMON 858912108 3102 33843 SH Sole 30943 2900 STRYKER CORP COMMON 863667101 1778 32271 SH Sole 29171 3100 SWEDISH EXPT CR CORP ROG TTL ETN 22 870297801 532 66311 SH Sole 61311 5000 TARGET CORP COMMON 87612e106 316 5435 SH Sole 5435 0 TE CONNECTIVITY LTD REG SHS h84989104 345 10821 SH Sole 10821 TEVA PHARMACEUTICAL INDS LTD ADR 881624209 2145 54386 SH Sole 54386 0 TOOTSIE ROLL INDS INC REG SHS 890516107 334 14005 SH Sole 14005 0 TRANSOCEAN LTD COMMON h8817h100 2522 56378 SH Sole 54378 2000 TYCO INTERNATIONAL LTD COMMON h89128104 571 10821 SH Sole 10821 UNILEVER N V N Y SHS NEW 904784709 514 15400 SH Sole 15400 0 UNITED TECHNOLOGIES CORP COMMON 913017109 1940 25680 SH Sole 25680 0 US BANCORP COMMON NEW 902973304 296 9219 SH Sole 9219 0 VODAFONE GROUP PLC SPONS ADR NEW 92857w209 3910 138760 SH Sole 131510 7250 WAL MART STORES INC COMMON 931142103 3459 49616 SH Sole 42816 6800 WALGREEN CO COMMON 931422109 2978 100678 SH Sole 92178 8500 WALT DISNEY HOLDING CO COMMON 254687106 814 16790 SH Sole 16790 0 WELLS FARGO & CO COMMON 949746101 3893 116404 SH Sole 110594 5810 WISCONSIN ENERGY CORP COMMON 976657106 297 7500 SH Sole 7500 0 ZIMMER HOLDINGS INC COMMON 98956p102 430 6687 SH Sole 4835 1852 SPDR GOLD TRUST GOLD SHS 78463v107 1041 6710 SH Sole 6710 0 VANGUARD INTL EQUITY F MSCI EMR MKT ETF 922042858 3971 99445 SH Sole 94445 5000 TORTOISE ENERGY INFR COMMON 89147l100 548 13734 SH Sole 13734 0 WESTERN GAS PARTNERS COM UNIT LP IN 958254104 2910 66702 SH Sole 64402 2300