0001140361-13-007019.txt : 20130214 0001140361-13-007019.hdr.sgml : 20130214 20130214140755 ACCESSION NUMBER: 0001140361-13-007019 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20121231 FILED AS OF DATE: 20130214 DATE AS OF CHANGE: 20130214 EFFECTIVENESS DATE: 20130214 FILER: COMPANY DATA: COMPANY CONFORMED NAME: McAdams Wright Ragen, Inc. CENTRAL INDEX KEY: 0001456685 IRS NUMBER: 911920002 STATE OF INCORPORATION: WA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-13472 FILM NUMBER: 13611351 BUSINESS ADDRESS: STREET 1: 925 FOURTH AVENUE STREET 2: SUITE 3900 CITY: SEATTLE STATE: WA ZIP: 98103 BUSINESS PHONE: 206.664.8850 MAIL ADDRESS: STREET 1: 925 FOURTH AVENUE STREET 2: SUITE 3900 CITY: SEATTLE STATE: WA ZIP: 98103 13F-HR 1 form13fhr.txt NONE UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 12/31/2012 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: McAdams Wright Ragen, Inc. Address: 925 Fourth Avenue, Suite 3900 Seattle, WA 98104 Form 13F File Number: 028-13472 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. Persons Signing this Report on Behalf of Reporting Manager: Name: Alicia Guagliardo Title: Chief Compliance Officer Phone: 206-664-8865 Signature, Place, and Date of Signing: /s/ Alicia Guagliardo Seattle, WA 2/14/2013 --------------------------------- --------------------------------- ---------- [Signature] [City, State] [Date] Report Type (Check only one): [ ] 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).) [X] 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).) List of Other Managers Reporting for this Manager: 13F File Number Name 29-06910 Ken Roberts Investment Management Inc. --------------- --------------------------------------------------------------- 28-13411 Envestnet Asset Management Inc. --------------- --------------------------------------------------------------- Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 299 Form 13F Information Table Value Total: $ 1,079,079 -------------- (In Thousands) List of Other Included Managers: Provide a numbered list of the name(s) and 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. NONE
FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------ -------------- --------- -------- ----------------- ---------- -------- ------------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ------------------------ -------------- --------- -------- -------- --- ---- ---------- -------- ---- ------ ------- APPLE INC COM 37833100 17070 32077 SOLE 0 0 32077 ABB LTD ADR EACH COM 375204 30186 1451927 SOLE 0 0 1451927 ABBOTT LABORATORIES COM 2824100 7818 119358 SOLE 0 0 119358 BARRICK GOLD CORP COM 67901108 3913 111764 SOLE 0 0 111764 ADOBE SYS INC COM 00724F101 224 5935 SOLE 0 0 5935 ARCHER DANIELS COM 39483102 220 8021 SOLE 0 0 8021 AUTOMATIC DATA COM 53015103 5597 98311 SOLE 0 0 98311 AMERICAN ELEC PWR CO COM 25537101 224 5244 SOLE 0 0 5244 AFLAC INC COM 1055102 355 6674 SOLE 0 0 6674 ISHARES CORE COM 464287226 5090 45821 SOLE 0 0 45821 ALLIANCE HLDGS GP Units 01861G100 268 5625 SOLE 0 0 5625 APPLIED MATERIALS COM 38222105 196 17100 SOLE 0 0 17100 AMGEN INC COM 31162100 2735 31728 SOLE 0 0 31728 AMARIN CORP ADR EACH COM 23111206 83 10250 SOLE 0 0 10250 AMAZON.COM INC COM 23135106 3164 12612 SOLE 0 0 12612 ANN INC COM 35623107 206 6100 SOLE 0 0 6100 APACHE CORP COM 37411105 281 3581 SOLE 0 0 3581 ANADARKO PETE CORP COM 32511107 268 3613 SOLE 0 0 3613 MORGAN STANLEY ASIA COM 61744U106 816 54477 SOLE 0 0 54477 ALLIANCE RESOURCE Units 01877R108 1073 18480 SOLE 0 0 18480 ARENA PHARMACEUTICAL COM 40047102 90 10000 SOLE 0 0 10000 ARMOUR RESIDENTIAL Units 42315101 175 27000 SOLE 0 0 27000 ALLEGHENY TECH INC COM 01741R102 904 29779 SOLE 0 0 29779 ANTARES PHARMA INC COM 36642106 895 235000 SOLE 0 0 235000 AVISTA CORP COM 05379B107 613 25429 SOLE 0 0 25429 BOEING CO COM 97023105 6289 83452 SOLE 0 0 83452 BANK OF AMERICA COM 60505104 2228 191946 SOLE 0 0 191946 BECTON DICKINSON CO COM 75887109 1391 17787 SOLE 0 0 17787 BROWN FORMAN CORP COM 115637209 467 7591 SOLE 0 0 7591 BUNGE LIMITED COM COM G16962105 1203 16551 SOLE 0 0 16551 BRIGGS & STRATTON COM 109043109 883 41900 SOLE 0 0 41900 BHP BILLITON LIMITED COM 88606108 1539 19626 SOLE 0 0 19626 BLACK HILLS CORP COM 92113109 1453 39976 SOLE 0 0 39976 BANK OF MONTREAL COM COM 63671101 5086 82975 SOLE 0 0 82975 BRISTOL MYERS SQUIBB COM 110122108 2657 81521 SOLE 0 0 81521 VANGUARD BD INDEX FD COM 921937835 855 10175 SOLE 0 0 10175 BP PLC ADR (CNV INTO COM 55622104 1955 46960 SOLE 0 0 46960 BUCKEYE PARTNERS L P Units 118230101 876 19300 SOLE 0 0 19300 BERKSHIRE HATHAWAY COM 84670702 6957 55157 SOLE 0 0 55157 BOSTON SCIENTIFIC COM 101137107 218 38050 SOLE 0 0 38050 PEABODY ENERGY CORP COM 704549104 16782 630661 SOLE 0 0 630661 BOARDWALK PIPELINE Units 96627104 5556 223135 SOLE 0 0 223135 CITIGROUP INC COM 172967424 219 5538 SOLE 0 0 5538 CONAGRA FOODS INC COM 205887102 363 12300 SOLE 0 0 12300 CATERPILLAR INC COM 149123101 783 8740 SOLE 0 0 8740 CHUBB CORP COM 171232101 1457 19341 SOLE 0 0 19341 CELGENE CORP COM 151020104 203 2585 SOLE 0 0 2585 ISHARES BARCLAYS COM 464288638 716 6442 SOLE 0 0 6442 COLGATE-PALMOLIVE CO COM 194162103 441 4217 SOLE 0 0 4217 CLOUD PEAK ENERGY COM 18911Q102 427 22110 SOLE 0 0 22110 CALUMET SPECIALTY Units 131476103 463 15250 SOLE 0 0 15250 CLOROX CO DEL COM 189054109 431 5889 SOLE 0 0 5889 CANADIAN IMPERIAL COM 136069101 201 2490 SOLE 0 0 2490 COMCAST CORP NEW COM 20030N200 1974 53160 SOLE 0 0 53160 CONCUR TECHNOLOGIES COM 206708109 870 12885 SOLE 0 0 12885 COLUMBIA BKG SYS INC COM 197236102 1101 61354 SOLE 0 0 61354 COLUMBIA SPORTSWEAR COM 198516106 6326 118544 SOLE 0 0 118544 CONOCOPHILLIPS COM 20825C104 3696 63741 SOLE 0 0 63741 COSTCO WHOLESALE COM 22160K105 7632 77298 SOLE 0 0 77298 CANADIAN PACIFIC COM 13645T100 3663 36050 SOLE 0 0 36050
FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------ -------------- --------- -------- ----------------- ---------- -------- ------------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ------------------------ -------------- --------- -------- -------- --- ---- ---------- -------- ---- ------ ------- CAMPBELL SOUP CO COM 134429109 19974 572498 SOLE 0 0 572498 CRAY INC COM NEW COM 225223304 1539 96470 SOLE 0 0 96470 CISCO SYS INC COM 17275R102 6514 331511 SOLE 0 0 331511 ISHARES BARCLAYS 1-3 COM 464288646 5731 54330 SOLE 0 0 54330 CENTURYLINK INC COM 156700106 259 6615 SOLE 0 0 6615 CVS CAREMARK CORP COM 126650100 206 4263 SOLE 0 0 4263 CHEVRON CORP NEW COM 166764100 17279 159782 SOLE 0 0 159782 CYPRESS SEMICONDUCTR COM 232806109 1166 107555 SOLE 0 0 107555 DCT INDL TR INC Units 233153105 214 32950 SOLE 0 0 32950 DEERE & COMPANY COM 244199105 327 3780 SOLE 0 0 3780 DELTIC TIMBER CORP COM 247850100 2599 36798 SOLE 0 0 36798 DIAGEO ADR EACH REPR COM 25243Q205 2494 21391 SOLE 0 0 21391 QUEST DIAGNOSTICS COM 74834L100 345 5920 SOLE 0 0 5920 DIAMOND HILL FINL COM 25264C101 126 11000 SOLE 0 0 11000 DISNEY WALT CO COM 254687106 551 11068 SOLE 0 0 11068 DENDREON CORP COM 24823Q107 374 70735 SOLE 0 0 70735 DIAMOND OFFSHORE COM 25271C102 942 13856 SOLE 0 0 13856 DOW CHEMICAL CO COM 260543103 368 11368 SOLE 0 0 11368 DUKE ENERGY CORP COM COM 26441C204 337 5275 SOLE 0 0 5275 DEVON ENERGY CORP COM 25179M103 13940 267880 SOLE 0 0 267880 ISHARES TR DOW JONES COM 464287168 311 5435 SOLE 0 0 5435 ELECTRONIC ARTS COM 285512109 10419 717561 SOLE 0 0 717561 EBAY INC COM 278642103 560 10973 SOLE 0 0 10973 ENCANA CORPORATION COM 292505104 4714 238551 SOLE 0 0 238551 ISHARES TR COM 464287234 3670 82747 SOLE 0 0 82747 ENBRIDGE ENERGY Units 29250R106 3844 137769 SOLE 0 0 137769 ISHARES TR COM 464287465 6047 106354 SOLE 0 0 106354 ISHARES TR JPMORGAN COM 464288281 372 3030 SOLE 0 0 3030 E M C CORP MASS COM 268648102 1094 43249 SOLE 0 0 43249 EMERSON ELECTRIC CO COM 291011104 8069 152354 SOLE 0 0 152354 EL PASO PIPELINE Units 283702108 5400 146076 SOLE 0 0 146076 ENTERPRISE PRODUCTS Units 293792107 7725 154248 SOLE 0 0 154248 ESTERLINE TECH CORP COM 297425100 421 6617 SOLE 0 0 6617 EXPRESS SCRIPTS HLDG COM 30219G108 240 4452 SOLE 0 0 4452 ENERGY TRANSFER Units 29273V100 222 5030 SOLE 0 0 5030 EATON CORP PLC COM COM G29183103 288 5311 SOLE 0 0 5311 ISHARES INC MSCI COM 464286848 926 38604 SOLE 0 0 38604 EXELON CORP COM 30161N101 4115 138355 SOLE 0 0 138355 EXPEDITORS INTL COM 302130109 5091 128732 SOLE 0 0 128732 FORD MTR CO DEL COM 345370860 1604 123870 SOLE 0 0 123870 ABERDEEN ASIA COM 3009107 330 42630 SOLE 0 0 42630 FACEBOOK INC COM COM 30303M102 593 22261 SOLE 0 0 22261 FREEPORT MCMORAN COM 35671D857 384 11229 SOLE 0 0 11229 FEDEX CORP COM 31428X106 5998 65389 SOLE 0 0 65389 FIRSTENERGY CORP COM 337932107 1831 43838 SOLE 0 0 43838 FEI COMPANY COM 30241L109 1310 23625 SOLE 0 0 23625 F5 NETWORKS INC COM 315616102 1465 15081 SOLE 0 0 15081 FIRST FINL NORTHWEST COM 32022K102 100 13300 SOLE 0 0 13300 FEDERATED INVESTORS COM 314211103 4288 211940 SOLE 0 0 211940 FLEXTRONICS COM Y2573F102 82 13260 SOLE 0 0 13260 FLOW INTL CORP COM 343468104 81 23157 SOLE 0 0 23157 ISHARES TR FTSE COM 464287184 885 21877 SOLE 0 0 21877 GANNETT CO INC COM 364730101 466 25870 SOLE 0 0 25870 GENERAL ELECTRIC CO COM 369604103 9306 443334 SOLE 0 0 443334 GREIF INC CL A COM 397624107 1684 37850 SOLE 0 0 37850 TEMPLETON GLOBAL COM 880198106 654 69240 SOLE 0 0 69240 GENERAL MILLS INC COM 370334104 261 6456 SOLE 0 0 6456 SPDR GOLD TR GOLD COM 78463V107 5933 36618 SOLE 0 0 36618 CORNING INC COM 219350105 20705 1640624 SOLE 0 0 1640624 GENERAL MOTORS CO COM 37045V100 1859 64490 SOLE 0 0 64490
FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------ -------------- --------- -------- ----------------- ---------- -------- ------------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ------------------------ -------------- --------- -------- -------- --- ---- ---------- -------- ---- ------ ------- GENERAL MOTORS CO COM 37045V209 854 19350 SOLE 0 0 19350 GOOGLE INC COM 38259P508 1570 2219 SOLE 0 0 2219 GAP INC DEL COM 364760108 685 22065 SOLE 0 0 22065 GLAXOSMITHKLINE ADR COM 37733W105 4251 97793 SOLE 0 0 97793 HEALTH CARE REIT INC Units 42217K106 6141 100199 SOLE 0 0 100199 HOME DEPOT INC COM 437076102 2480 40092 SOLE 0 0 40092 HECKMANN CORP COM COM 422680108 273 67700 SOLE 0 0 67700 HOMESTREET INC COM COM 43785V102 230 9000 SOLE 0 0 9000 HEINZ H J CO COM 423074103 250 4341 SOLE 0 0 4341 HOME FED BANCORP COM 43710G105 209 16848 SOLE 0 0 16848 HONEYWELL INTL INC COM 438516106 235 3708 SOLE 0 0 3708 HEWLETT-PACKARD CO COM 428236103 332 23307 SOLE 0 0 23307 HOSPIRA INC COM 441060100 20101 643431 SOLE 0 0 643431 ISHARES TR IBOXX COM 464288513 681 7292 SOLE 0 0 7292 ISHARES GOLD TRUST COM 464285105 5673 348498 SOLE 0 0 348498 INTL BUSINESS MACH COM 459200101 8538 44573 SOLE 0 0 44573 ISHARES CORE S&P COM 464287507 578 5682 SOLE 0 0 5682 ISHARES CORE S&P COM 464287804 1323 16941 SOLE 0 0 16941 INTEL CORP COM 458140100 16003 776095 SOLE 0 0 776095 SPDR SERIES TRUST COM 78464A672 257 4230 SOLE 0 0 4230 JOHNSON CTLS INC COM 478366107 375 12243 SOLE 0 0 12243 JOHNSON & JOHNSON COM 478160104 18251 260356 SOLE 0 0 260356 SPDR SER TR BARCLAYS COM 78464A417 240 5895 SOLE 0 0 5895 WILEY JOHN & SONS COM 968223206 2767 71075 SOLE 0 0 71075 NORDSTROM INC COM 655664100 3672 68640 SOLE 0 0 68640 KIMBERLY CLARK CORP COM 494368103 1531 18138 SOLE 0 0 18138 KINDER MORGAN INC COM 49456B119 123 14046 SOLE 0 0 14046 COCA COLA CO COM 191216100 5562 153421 SOLE 0 0 153421 KROGER CO COM 501044101 2769 106435 SOLE 0 0 106435 KOHLS CORP COM 500255104 10357 240984 SOLE 0 0 240984 L-3 COMMUNICATIONS COM 502424104 212 2769 SOLE 0 0 2769 LILLY ELI & CO COM 532457108 10356 209974 SOLE 0 0 209974 LORILLARD INC COM COM 544147101 308 2637 SOLE 0 0 2637 ISHARES IBOXX $ COM 464287242 5722 47289 SOLE 0 0 47289 LATTICE SEMICONDUCTR COM 518415104 51 12800 SOLE 0 0 12800 SOUTHWEST AIRLNS CO COM 844741108 19941 1947408 SOLE 0 0 1947408 LAS VEGAS SANDS COM 517834107 237 5131 SOLE 0 0 5131 MASTERCARD INC CL A COM 57636Q104 873 1776 SOLE 0 0 1776 MCDONALDS CORP COM 580135101 2461 27905 SOLE 0 0 27905 MARCHEX INC COM 56624R108 41 10000 SOLE 0 0 10000 MONDELEZ INTL INC COM 609207105 326 12806 SOLE 0 0 12806 MEDTRONIC INC COM 585055106 1809 44104 SOLE 0 0 44104 M D U RES GROUP INC COM 552690109 3819 179823 SOLE 0 0 179823 SPDR S&P MIDCAP 400 COM 78467Y107 1450 7810 SOLE 0 0 7810 MAGNA INTERNATIONAL COM 559222401 1052 21030 SOLE 0 0 21030 MCGRAW-HILL COS INC COM 580645109 328 6000 SOLE 0 0 6000 MCCORMICK & CO INC COM 579780107 219 3465 SOLE 0 0 3465 3M COMPANY COM 88579Y101 7186 77393 SOLE 0 0 77393 MANNKIND CORP COM 56400P201 59 25500 SOLE 0 0 25500 ALTRIA GROUP INC COM 02209S103 1122 35674 SOLE 0 0 35674 MOSAIC CO NEW COM COM 61945C103 2512 44355 SOLE 0 0 44355 MERCK & CO INC NEW COM 58933Y105 6305 153997 SOLE 0 0 153997 MARATHON OIL CORP COM 565849106 379 12350 SOLE 0 0 12350 MICROSOFT CORP COM 594918104 44646 1671506 SOLE 0 0 1671506 M & T BANK CORP COM 55261F104 13793 140075 SOLE 0 0 140075 MICRON TECHNOLOGY COM 595112103 1378 217397 SOLE 0 0 217397 MURPHY OIL CORP COM 626717102 5065 85052 SOLE 0 0 85052 NEWMONT MNG CORP COM 651639106 5104 109914 SOLE 0 0 109914 NIKE INC CLASS B COM 654106103 721 13966 SOLE 0 0 13966 ANNALY CAPITAL Units 35710409 143 10160 SOLE 0 0 10160
FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------ -------------- --------- -------- ----------------- ---------- -------- ------------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ------------------------ -------------- --------- -------- -------- --- ---- ---------- -------- ---- ------ ------- NOKIA OYJ ADR EACH COM 654902204 9735 2464467 SOLE 0 0 2464467 NATIONAL PRESTO INDS COM 637215104 2357 34115 SOLE 0 0 34115 NUSTAR ENERGY LP Units 67058H102 1402 33000 SOLE 0 0 33000 NORFOLK SOUTHERN CRP COM 655844108 3730 60319 SOLE 0 0 60319 NETAPP INC COM COM 64110D104 14492 431964 SOLE 0 0 431964 NORTHERN TR CORP COM 665859104 1138 22690 SOLE 0 0 22690 NUCOR CORP COM 670346105 218 5047 SOLE 0 0 5047 NUVEEN MUN VALUE FD COM 670928100 426 41543 SOLE 0 0 41543 NOVO-NORDISK AS COM 670100205 7239 44353 SOLE 0 0 44353 NOVARTIS AG ADR-EACH COM 66987V109 354 5590 SOLE 0 0 5590 NEWELL RUBBERMAID COM 651229106 774 34769 SOLE 0 0 34769 NORTHWEST PIPE CO COM 667746101 704 29511 SOLE 0 0 29511 NEW YORK COMMUNITY COM 649445103 652 49800 SOLE 0 0 49800 OMEROS CORP COM 682143102 82 15713 SOLE 0 0 15713 ORACLE CORPORATION COM 68389X105 2892 86782 SOLE 0 0 86782 OLD REPUBLIC INTL COM 680223104 181 16968 SOLE 0 0 16968 PLAINS ALL AMERICAN Units 726503105 1058 23392 SOLE 0 0 23392 PACCAR INC COM 693718108 63577 1406253 SOLE 0 0 1406253 PACIFIC CONTL CORP COM 69412V108 333 34212 SOLE 0 0 34212 PG & E CORP COM 69331C108 343 8540 SOLE 0 0 8540 POTLATCH CORP NEW Units 737630103 5511 140774 SOLE 0 0 140774 PLUM CREEK TIMBER CO Units 729251108 5471 123311 SOLE 0 0 123311 PRECISION CASTPARTS COM 740189105 446 2356 SOLE 0 0 2356 PENN NATL GAMING INC COM 707569109 540 11001 SOLE 0 0 11001 PEPSICO INC COM 713448108 15773 230504 SOLE 0 0 230504 PFIZER INC COM 717081103 16068 640678 SOLE 0 0 640678 MARKET VECTORS ETF COM 57061R791 1262 30851 SOLE 0 0 30851 PROCTER & GAMBLE CO COM 742718109 5404 79601 SOLE 0 0 79601 PHILIPS COM 500472303 29580 1114530 SOLE 0 0 1114530 PIMCO INCOME COM 72202B100 591 29164 SOLE 0 0 29164 PHILIP MORRIS INTL COM 718172109 3280 39212 SOLE 0 0 39212 PENNYMAC MORTGAGE Units 70931T103 1790 70780 SOLE 0 0 70780 PORTLAND GEN ELEC CO COM 736508847 337 12318 SOLE 0 0 12318 PERRIGO CO COM 714290103 300 2885 SOLE 0 0 2885 PARKERVISION INC COM 701354102 102 50000 SOLE 0 0 50000 PHILLIPS 66 COM COM 718546104 1219 22966 SOLE 0 0 22966 PVR PARTNERS L P Units 693665101 7527 289706 SOLE 0 0 289706 PENN WEST PETROLEUM COM 707887105 1512 139196 SOLE 0 0 139196 QUALCOMM INC COM 747525103 1683 27209 SOLE 0 0 27209 POWERSHARES QQQ TR COM 73935A104 431 6622 SOLE 0 0 6622 ROYAL DUTCH SHELL COM 780259206 9215 130575 SOLE 0 0 130575 ROYAL GOLD INC COM COM 780287108 871 10702 SOLE 0 0 10702 TRANSOCEAN LIMITED COM H8817H100 10187 228101 SOLE 0 0 228101 RED LION HOTELS CORP COM 756764106 209 26500 SOLE 0 0 26500 COHEN & STEERS COM 19247L106 209 20603 SOLE 0 0 20603 REPUBLIC SERVICES COM 760759100 9611 327687 SOLE 0 0 327687 RAYTHEON CO COM NEW COM 755111507 279 4852 SOLE 0 0 4852 RIVERBED TECHNOLOGY COM 768573107 336 17020 SOLE 0 0 17020 ROYCE VALUE TR INC COM 780910105 275 20491 SOLE 0 0 20491 REDWOOD TRUST INC Units 758075402 470 27823 SOLE 0 0 27823 RAYONIER INC Units 754907103 6283 121228 SOLE 0 0 121228 SPRINT NEXTEL CORP COM 852061100 701 123580 SOLE 0 0 123580 STARBUCKS CORP COM 855244109 10349 192972 SOLE 0 0 192972 SOUTHERN COPPER CORP COM 84265V105 265 7000 SOLE 0 0 7000 STANCORP FINANCIAL COM 852891100 1881 51298 SOLE 0 0 51298 SEATTLE GENETICS INC COM 812578102 340 14670 SOLE 0 0 14670 ETFS GOLD TR SHS COM 26922Y105 411 2488 SOLE 0 0 2488 SIEMENS AG ADR-EACH COM 826197501 1235 11279 SOLE 0 0 11279 SMUCKER J M CO NEW COM 832696405 211 2444 SOLE 0 0 2444 SAN JUAN BASIN RTY Units 798241105 2698 201205 SOLE 0 0 201205
FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ------------------------ -------------- --------- -------- ----------------- ---------- -------- ------------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE ------------------------ -------------- --------- -------- -------- --- ---- ---------- -------- ---- ------ ------- SCHLUMBERGER LIMITED COM 806857108 5384 77690 SOLE 0 0 77690 ISHARES SILVER TR COM 46428Q109 1791 60974 SOLE 0 0 60974 SOUTHERN CO COM 842587107 3594 83955 SOLE 0 0 83955 STAPLES INC COM 855030102 684 59960 SOLE 0 0 59960 SPDR S&P 500 ETF COM 78462F103 763 5357 SOLE 0 0 5357 SEMPRA ENERGY COM 816851109 459 6467 SOLE 0 0 6467 SUMMIT ST BK COM 866264203 178 26400 SOLE 0 0 26400 STAR SCIENTIFIC INC COM 85517P101 35 12900 SOLE 0 0 12900 SAFEWAY INC COM 786514208 1749 96676 SOLE 0 0 96676 STRYKER CORP COM 863667101 243 4427 SOLE 0 0 4427 SYSCO CORP COM 871829107 11045 348873 SOLE 0 0 348873 AT&T INC COM 00206R102 21560 639577 SOLE 0 0 639577 MOLSON COORS COM 60871R209 1326 31000 SOLE 0 0 31000 TECO ENERGY INC COM 872375100 393 23432 SOLE 0 0 23432 TELEFONICA SA ADR EA COM 879382208 1192 88361 SOLE 0 0 88361 TEVA PHARMACEUTICAL COM 881624209 837 22424 SOLE 0 0 22424 ISHARES BARCLAYS COM 464287176 794 6537 SOLE 0 0 6537 TRIQUINT COM 89674K103 79 16450 SOLE 0 0 16450 TESLA MOTORS INC COM COM 88160R101 9053 267285 SOLE 0 0 267285 TORTOISE ENERGY CAP COM 89147U100 233 8171 SOLE 0 0 8171 UNILEVER PLC ADS-EA COM 904767704 3269 84435 SOLE 0 0 84435 UMPQUA HOLDINGS CORP COM 904214103 158 13400 SOLE 0 0 13400 UNION PACIFIC CORP COM 907818108 812 6458 SOLE 0 0 6458 UNITED PARCEL SVC COM 911312106 919 12468 SOLE 0 0 12468 UNITED TECHNOLOGIES COM 913017109 446 5437 SOLE 0 0 5437 VANGUARD INDEX FDS COM 922908611 709 8148 SOLE 0 0 8148 VANGUARD TAX-MANAGED COM 921943858 292 8277 SOLE 0 0 8277 VIACOM INC NEW COM 92553P201 513 9728 SOLE 0 0 9728 VALERO ENERGY CORP COM 91913Y100 1345 39433 SOLE 0 0 39433 VODAFONE GROUP SPON COM 92857W209 4192 166435 SOLE 0 0 166435 VANGUARD INTL COM COM 922042866 3598 80579 SOLE 0 0 80579 VALEANT COM 91911K102 489 8184 SOLE 0 0 8184 VANGUARD INDEX FDS COM 922908769 946 13011 SOLE 0 0 13011 VENTAS INC Units 92276F100 1932 29857 SOLE 0 0 29857 VERIZON COM 92343V104 5685 131393 SOLE 0 0 131393 WASHINGTON FEDERAL COM 938824109 11264 667720 SOLE 0 0 667720 WALGREEN COMPANY COM 931422109 574 15515 SOLE 0 0 15515 WESCO AIRCRAFT COM 950814103 236 17838 SOLE 0 0 17838 WASHINGTON BANKING COM 937303105 327 24039 SOLE 0 0 24039 WEBMD HEALTH CORP COM 94770V102 147 10250 SOLE 0 0 10250 WELLS FARGO & CO COM 949746101 4946 144711 SOLE 0 0 144711 WEATHERFORD COM H27013103 123 10948 SOLE 0 0 10948 WHIRLPOOL CORP COM 963320106 1079 10605 SOLE 0 0 10605 WELLPOINT INC COM 94973V107 211 3457 SOLE 0 0 3457 WASTE MANAGEMENT INC COM 94106L109 6027 178631 SOLE 0 0 178631 WEIS MARKETS INC COM 948849104 725 18510 SOLE 0 0 18510 WALMART STORES INC COM 931142103 1301 19073 SOLE 0 0 19073 WASHINGTON REAL Units 939653101 28131 1075744 SOLE 0 0 1075744 WESTERN UNION CO COM 959802109 13840 1016915 SOLE 0 0 1016915 WOLVERINE WORLD WIDE COM 978097103 216 5282 SOLE 0 0 5282 WEYERHAEUSER CO Units 962166104 8286 297860 SOLE 0 0 297860 EXCO RES INC COM COM 269279402 186 27525 SOLE 0 0 27525 EXELIS INC COM COM 30162A108 114 10075 SOLE 0 0 10075 SECTOR SPDR TR SHS COM 81369Y886 1120 37357 SOLE 0 0 37357 EXXON MOBIL CORP COM 30231G102 11291 130457 SOLE 0 0 130457 XEROX CORP COM 984121103 1500 219977 SOLE 0 0 219977 XYLEM INC COM COM 98419M100 6778 250129 SOLE 0 0 250129 YAHOO INC COM 984332106 1069 53700 SOLE 0 0 53700 ZUMIEZ INC COM 989817101 3955 203743 SOLE 0 0 203743