13F-HR 1 d13fhr.txt FORM 13F 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: Spears Abacus Advisors LLC Address: 147 East 48th Street New York, New York 10017 Form 13F File Number: 28-12956 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 Raich Title: President Phone: 212-230-9800 Signature, Place, and Date of Signing: /s/ Robert Raich New York, New York February 14, 2011 ------------------------------------- ------------------ ------------------- [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: 90 Form 13F Information Table Value Total: $582,972 (thousands) List of Other Included Managers: NONE Form 13F Information Table
Voting Authority Value Shares/ Sh/ Put/ Invstmt Other ----------------------- Name of Issuer Title of class CUSIP (x$1000) Prn Amt Prn Call Dscretn Managers Sole Shared None -------------- --------------- --------- -------- --------- --- ---- ------- -------- --------- ------ ------ AVATAR HLDGS INC NOTE 4.500% 4/0 053494AF7 1,809 1,805,000 PRN Sole 1,805,000 CHESAPEAKE ENERGY CORP NOTE 2.500% 5/1 165167BZ9 223 250,000 PRN Sole 250,000 HOLOGIC INC FRNT 2.000%12/1 436440AA9 4,344 4,639,000 PRN Sole 4,639,000 ICONIX BRAND GROUP INC NOTE 1.875% 6/3 451055AB3 226 225,000 PRN Sole 225,000 MASCO CORP NOTE 7/2 574599BB1 265 510,000 PRN Sole 510,000 NASDAQ OMX GROUP INC NOTE 2.500% 8/1 631103AA6 495 500,000 PRN Sole 500,000 TRANSOCEAN INC NOTE 1.500%12/1 893830AV1 492 500,000 PRN Sole 500,000 ABBOTT LABS COM 002824100 243 5,079 SH Sole 5,079 ACE LTD SHS H0023R105 29,447 473,048 SH Sole 444,858 28,190 ALLERGAN INC COM 018490102 1,624 23,655 SH Sole 23,655 ALTRIA GROUP INC COM 02209S103 1,878 76,272 SH Sole 76,272 AMERICAN EXPRESS CO COM 025816109 1,137 26,487 SH Sole 26,487 AMERICAN TOWER CORP CL A 029912201 442 8,555 SH Sole 8,555 AON CORP COM 037389103 22,483 488,655 SH Sole 455,185 33,470 APACHE CORP COM 037411105 25,066 210,232 SH Sole 196,872 13,360 APPLE INC COM 037833100 2,135 6,620 SH Sole 6,620 AUTOMATIC DATA PROCESSING IN COM 053015103 1,732 37,416 SH Sole 37,416 AXIS CAPITAL HOLDINGS SHS G0692U109 13,397 373,385 SH Sole 370,105 3,280 BANK OF NEW YORK MELLON CORP COM 064058100 663 21,967 SH Sole 21,967 BAXTER INTL INC COM 071813109 20,635 407,642 SH Sole 377,912 29,730 BERKSHIRE HATHAWAY INC DEL CL A 084670108 602 5 SH Sole 5 BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 1,023 12,770 SH Sole 12,770 BIOGEN IDEC INC COM 09062X103 468 6,980 SH Sole 6,980 BROADRIDGE FINL SOLUTIONS IN COM 11133T103 15,223 694,167 SH Sole 652,017 42,150 CELGENE CORP COM 151020104 1,837 31,057 SH Sole 31,057 CHECK POINT SOFTWARE TECH LT ORD M22465104 26,151 565,300 SH Sole 527,600 37,700 CHEVRON CORP NEW COM 166764100 1,032 11,307 SH Sole 11,307 CHUBB CORP COM 171232101 8,283 138,879 SH Sole 121,579 17,300 CISCO SYS INC COM 17275R102 2,123 104,950 SH Sole 104,950 COCA COLA CO COM 191216100 345 5,252 SH Sole 5,252 COLGATE PALMOLIVE CO COM 194162103 213 2,646 SH Sole 2,646 COMCAST CORP NEW CL A 20030N101 27,006 1,229,214 SH Sole 1,138,239 90,975 CONOCOPHILLIPS COM 20825C104 1,190 17,468 SH Sole 17,468 COOPER INDUSTRIES PLC SHS G24140108 11,020 189,052 SH Sole 176,772 12,280 CROWN CASTLE INTL CORP COM 228227104 2,545 58,075 SH Sole 58,075 CVS CAREMARK CORPORATION COM 126650100 19,111 549,637 SH Sole 509,337 40,300 DEVON ENERGY CORP NEW COM 25179M103 17,541 223,427 SH Sole 205,437 17,990 DISNEY WALT CO COM DISNEY 254687106 13,958 372,115 SH Sole 348,215 23,900 DOMINION RES INC VA NEW COM 25746U109 243 5,682 SH Sole 5,682 EMERSON ELEC CO COM 291011104 243 4,250 SH Sole 4,250 ENCANA CORP COM 292505104 247 8,485 SH Sole 8,485 EXXON MOBIL CORP COM 30231G102 3,041 41,594 SH Sole 41,594 F M C CORP COM NEW 302491303 11,929 149,315 SH Sole 138,815 10,500 FAUQUIER BANKSHARES INC VA COM 312059108 233 18,000 SH Sole 18,000 FLEXIBLE SOLUTIONS INTL INC COM 33938T104 538 420,600 SH Sole 420,600 GENERAL ELECTRIC CO COM 369604103 249 13,589 SH Sole 13,589 GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 669 17,045 SH Sole 17,045
GOLDCORP INC NEW COM 380956409 447 9,730 SH Sole 9,730 GOLDMAN SACHS GROUP INC COM 38141G104 332 1,975 SH Sole 1,975 GOOGLE INC CL A 38259P508 26,020 43,807 SH Sole 41,237 2,570 HOLOGIC INC COM 436440101 15,350 815,636 SH Sole 743,526 72,110 IMAX CORP COM 45245E109 5,737 204,370 SH Sole 190,890 13,480 INTEL CORP COM 458140100 660 31,379 SH Sole 31,379 INTERNATIONAL BUSINESS MACHS COM 459200101 1,702 11,598 SH Sole 11,598 JABIL CIRCUIT INC COM 466313103 1,687 83,972 SH Sole 83,972 JOHNSON & JOHNSON COM 478160104 6,400 103,481 SH Sole 77,881 25,600 JPMORGAN CHASE & CO COM 46625H100 1,998 47,100 SH Sole 47,100 KINDER MORGAN MANAGEMENT LLC SHS 49455U100 20,369 304,565 SH Sole 281,033 23,532 KOHLS CORP COM 500255104 1,673 30,790 SH Sole 30,790 KRAFT FOODS INC CL A 50075N104 3,215 102,039 SH Sole 62,979 39,060 LABORATORY CORP AMER HLDGS COM NEW 50540R409 213 2,420 SH Sole 2,420 LIFE TECHNOLOGIES CORP COM 53217V109 25,466 458,850 SH Sole 423,660 35,190 MARKEL CORP COM 570535104 682 1,803 SH Sole 1,803 MERCK & CO INC NEW COM 58933Y105 960 26,631 SH Sole 26,631 MICROSOFT CORP COM 594918104 22,326 799,927 SH Sole 735,847 64,080 ORACLE CORP COM 68389X105 25,714 821,545 SH Sole 777,875 43,670 PEPSICO INC COM 713448108 399 6,100 SH Sole 6,100 PFIZER INC COM 717081103 195 11,116 SH Sole 11,116 PHILIP MORRIS INTL INC COM 718172109 3,759 64,227 SH Sole 64,227 PROCTER & GAMBLE CO COM 742718109 2,143 33,305 SH Sole 33,305 REGIONS FINANCIAL CORP NEW COM 7591EP100 392 56,016 SH Sole 56,016 SCHLUMBERGER LTD COM 806857108 2,352 28,165 SH Sole 28,165 ST JUDE MED INC COM 790849103 21,495 502,808 SH Sole 469,738 33,070 STAPLES INC COM 855030102 312 13,700 SH Sole 13,700 STATE STR CORP COM 857477103 18,032 389,119 SH Sole 363,019 26,100 STRYKER CORP COM 863667101 729 13,578 SH Sole 13,578 TARGET CORP COM 87612E106 1,577 26,230 SH Sole 26,230 THERMO FISHER SCIENTIFIC INC COM 883556102 22,711 410,237 SH Sole 385,697 24,540 TIME WARNER INC COM NEW 887317303 10,442 324,585 SH Sole 292,869 31,716 UNILEVER PLC SPON ADR NEW 904767704 17,218 557,590 SH Sole 557,590 UNION BANKSHARES INC COM 905400107 2,744 150,867 SH Sole 150,867 WALGREEN CO COM 931422109 351 9,000 SH Sole 9,000 WEATHERFORD INTERNATIONAL LT REG H27013103 223 9,775 SH Sole 9,775 WELLS FARGO & CO NEW COM 949746101 355 11,460 SH Sole 11,460 WESTERN UN CO COM 959802109 17,926 965,296 SH Sole 897,826 67,470 ISHARES TR RUSSELL1000GRW 464287614 463 8,080 SH Sole 8,080 POWERSHARES QQQ TRUST UNIT SER 1 73935A104 206 3,780 SH Sole 3,780 SPDR GOLD TRUST GOLD SHS 78463V107 874 6,300 SH Sole 6,300 SPDR S&P 500 ETF TR TR UNIT 78462F103 1,045 8,310 SH Sole 8,310 VANGUARD INTL EQUITY INDEX F EMR MKT ETF 922042858 279 5,790 SH Sole 5,790