13F-HR 1 v231796_13fhr.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: June 30, 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: Name: Brown Brothers Harriman & Co. ------------------------------------------------- Address: 140 Broadway ------------------------------------------------- New York, NY 10005 ------------------------------------------------- Form 13F File Number: 28-00408 ----- 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: Scott Hill ------------------------------------------------- Title: Managing Director ------------------------------------------------- Phone: 212-483-1818 ------------------------------------------------- Signature, Place, and Date of Signing: /s/ Scott Hill New York, NY August 11, 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: NONE --------------- Form 13F Information Table Entry Total: 450 --------------- Form 13F Information Table Value Total: 10,491,317 --------------- (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 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
(SEC USE ONLY) FORM 13F NAME OF REPORTING MANAGER - BROWN BROTHERS HARRIMAN & CO FILE NUMBER 28-00408 ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 TITLE OF CUSIP VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER CLASS NUMBER (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ----------------------------- ------- --------- -------- -------- --- ---- ------- -------- ---- ------ ---- ABB LTD SPON ADR COMMON 000375204 359 13,820 SH SOLE NONE 2,920 0 10,900 ABBOTT LABORATORIES COMMON 002824100 16,702 317,413 SH SOLE NONE 282,313 0 35,100 ACCENTURE PLC COMMON G1151C101 248 4,103 SH SOLE NONE 2,703 0 1,400 ACE LIMITED COMMON H0023R105 1,346 20,450 SH SOLE NONE 7,000 0 13,450 ACTIVISION BLIZZARD INC COMMON 00507V109 121 10,364 SH SOLE NONE 0 0 10,364 ADOBE SYSTEMS INC COMMON 00724F101 1,157 36,800 SH SOLE NONE 1,500 0 35,300 AEGON NV ORD AMER REG COMMON 007924103 106 15,534 SH SOLE NONE 15,534 0 0 AFLAC INC COMMON 001055102 2,109 45,176 SH SOLE NONE 45,176 0 0 AGCO CORP COMMON 001084102 740 15,000 SH SOLE NONE 15,000 0 0 AGL RES INC COMMON 001204106 277 6,800 SH SOLE NONE 6,800 0 0 AIR PRODUCTS & CHEMICALS COMMON 009158106 1,637 17,122 SH SOLE NONE 17,122 0 0 ALBEMARLE CORP COMMON 012653101 484 7,000 SH SOLE NONE 7,000 0 0 ALCATEL LUCENT SPONS ADR COMMON 013904305 436 75,616 SH SOLE NONE 75,616 0 0 ALCOA INC /EUR/ COMMON 013817101 1,112 70,100 SH SOLE NONE 70,100 0 0 ALLERGAN INC COMMON 018490102 2,908 34,927 SH SOLE NONE 13,827 0 21,100 ALLIANT TECHSYSTEMS INC COMMON 018804104 486 6,820 SH SOLE NONE 6,820 0 0 ALLSTATE CORP COMMON 020002101 1,283 42,039 SH SOLE NONE 42,039 0 0 ALTISOURCE PORT SOLUTION COMMON L0175J104 19,041 517,420 SH SOLE NONE 517,420 0 0 ALTRIA GROUP INC COMMON 02209S103 5,784 219,010 SH SOLE NONE 219,010 0 0 AMAZON COM INC COMMON 023135106 773 3,780 SH SOLE NONE 3,780 0 0 AMERICA MOVIL SAB DE CV COMMON 02364W105 245 4,550 SH SOLE NONE 4,550 0 0 AMERICAN DENTAL PARTNERS COMMON 025353103 15,198 1,172,650 SH SOLE NONE 1,172,650 0 0 AMERICAN ELEC PWR INC COMMON 025537101 534 14,167 SH SOLE NONE 14,167 0 0 AMERICAN EXPRESS COMPANY COMMON 025816109 6,576 127,201 SH SOLE NONE 124,651 0 2,550 AMERICAN INTERNATIONAL G COMMON 026874784 220 7,494 SH SOLE NONE 7,494 0 0 AMERICAN SCIENCE & ENGIN COMMON 029429107 560 7,000 SH SOLE NONE 7,000 0 0 AMERICAN SUPERCONDUCTOR COMMON 030111108 362 40,000 SH SOLE NONE 40,000 0 0 AMERICAN WATER WORKS CO COMMON 030420103 475 16,128 SH SOLE NONE 6,128 0 10,000 AMERIPRISE FINANCIAL INC COMMON 03076C106 879 15,243 SH SOLE NONE 15,243 0 0 AMGEN INC COMMON 031162100 1,704 29,206 SH SOLE NONE 12,188 0 17,018 ANADARKO PETE CORP COMMON 032511107 3,662 47,710 SH SOLE NONE 47,710 0 0 ANALOG DEVICES INC COMMON 032654105 423 10,799 SH SOLE NONE 10,000 0 799 AON CORP COMMON 037389103 3,425 66,760 SH SOLE NONE 66,760 0 0 APACHE CORP COMMON 037411105 3,385 27,432 SH SOLE NONE 14,582 0 12,850 APOLLO GROUP INC CL A COMMON 037604105 1,284 29,400 SH SOLE NONE 0 0 29,400 APPLE INC /EUR/ COMMON 037833100 12,233 36,444 SH SOLE NONE 24,995 0 11,449 ARCH COAL INC COMMON 039380100 341 12,793 SH SOLE NONE 8,394 0 4,399 ARCHIPELAGO LEARNING INC COMMON 03956P102 20,457 2,074,736 SH SOLE NONE 2,074,736 0 0 ARTESIAN RESOURCES CORP COMMON 043113208 274 15,225 SH SOLE NONE 15,225 0 0 ASHLAND INC COMMON 044209104 215 3,333 SH SOLE NONE 3,333 0 0 ASPEN TECHNOLOGY INC COMMON 045327103 63,175 3,677,229 SH SOLE NONE 3,677,229 0 0 AT&T INC COMMON 00206R102 14,023 446,446 SH SOLE NONE 445,588 0 858 AU OPTRONICS CORP ADR SP COMMON 002255107 128 18,572 SH SOLE NONE 18,572 0 0 AUTODESK INC COMMON 052769106 239 6,200 SH SOLE NONE 6,200 0 0 AUTOMATIC DATA PROCESSING COMMON 053015103 187,446 3,558,205 SH SOLE NONE 3,077,844 0 480,361 AUTOZONE INC COMMON 053332102 1,032 3,500 SH SOLE NONE 3,500 0 0 AVIAT NETWORKS INC COMMON 05366Y102 136 34,597 SH SOLE NONE 34,597 0 0 AVON PRODUCTS COMMON 054303102 578 20,660 SH SOLE NONE 15,660 0 5,000 BANK NEW YORK MELLON CORP COMMON 064058100 1,879 73,323 SH SOLE NONE 39,323 0 34,000 BANK OF AMERICA CORP COMMON 060505104 6,216 567,112 SH SOLE NONE 482,212 0 84,900 BARCLAYS BANK PLC PREFER COMMON 06739H362 1,067 40,500 SH SOLE NONE 40,500 0 0 BARD /C R/ INC COMMON 067383109 1,831 16,671 SH SOLE NONE 16,100 0 571 BAXTER INTL INC COMMON 071813109 409,316 6,857,363 SH SOLE NONE 5,912,878 0 944,485 BB&T CORPORATION COMMON 054937107 3,050 113,637 SH SOLE NONE 113,637 0 0 BECKMAN COULTER INC COMMON 075811109 860 10,300 SH SOLE NONE 10,300 0 0 BECTON DICKINSON & CO COMMON 075887109 21,067 244,487 SH SOLE NONE 240,712 0 3,775 BED BATH & BEYOND INC COMMON 075896100 1,007 17,250 SH SOLE NONE 17,250 0 0 BERKSHIRE HATHAWAY /DEL/ COMMON 084670108 177,060 1,525 SH SOLE NONE 1,100 0 425 BERKSHIRE HATHAWAY C B C COMMON 084670702 337,653 4,363,001 SH SOLE NONE 4,138,726 0 224,275 BHP BILLITON LIMITED ADR COMMON 088606108 285 3,010 SH SOLE NONE 3,010 0 0 BILL BARRETT CORP /REST/ COMMON 06846N104 1,031 22,247 SH SOLE NONE 22,247 0 0 BIO RAD LABORATORIES INC COMMON 090572207 73,659 617,119 SH SOLE NONE 617,119 0 0 BIOGEN IDEC INC COMMON 09062X103 598 5,595 SH SOLE NONE 5,595 0 0 BLACKROCK CREDIT ALLOCAT COMMON 09255J101 179 19,100 SH SOLE NONE 19,100 0 0 BLACKSTONE GROUP LP/THE COMMON 09253U108 321 19,366 SH SOLE NONE 19,366 0 0 BOEING CO COMMON 097023105 4,155 56,198 SH SOLE NONE 52,296 0 3,902 BOSTON SCIENTIFIC CORP COMMON 101137107 169 24,500 SH SOLE NONE 24,500 0 0 BP PLC SPONSORED ADR COMMON 055622104 1,894 42,761 SH SOLE NONE 38,761 0 4,000 BRISTOL MYERS SQUIBB CO COMMON 110122108 8,397 289,945 SH SOLE NONE 280,945 0 9,000 BRITISH AMERICAN TOB SPO COMMON 110448107 392 4,451 SH SOLE NONE 4,451 0 0 BROADSOFT INC COMMON 11133B409 401 10,508 SH SOLE NONE 10,508 0 0 BROOKFIELD ASSET MGMT INC COMMON 112585104 396 11,950 SH SOLE NONE 2,950 0 9,000 BROOKFIELD INFRASTRUCTURE COMMON G16252101 222 8,880 SH SOLE NONE 8,880 0 0 BUCKEYE PARTNERS L P /RE COMMON 118230101 258 4,000 SH SOLE NONE 4,000 0 0 BUNGE LTD COMMON G16962105 1,401 20,319 SH SOLE NONE 18,180 0 2,139 CA INC COMMON 12673P105 341 14,915 SH SOLE NONE 14,915 0 0 CABLEVISION SYS CORP NY COMMON 12686C109 375 10,361 SH SOLE NONE 10,361 0 0 CABOT CORP COMMON 127055101 1,271 31,869 SH SOLE NONE 31,869 0 0 CABOT MICROELECTRONICS C COMMON 12709P103 821 17,661 SH SOLE NONE 17,661 0 0 CADENCE DESIGN SYS INC COMMON 127387108 173 16,350 SH SOLE NONE 16,350 0 0 CALPINE CORP COMMON 131347304 276 17,121 SH SOLE NONE 10,695 0 6,426 CALUMET SPECIALTY PRODUC COMMON 131476103 763 35,500 SH SOLE NONE 35,500 0 0 CAMERON INTERNATIONAL CO COMMON 13342B105 12,314 244,867 SH SOLE NONE 220,130 0 24,737 CAMPBELL SOUP COMMON 134429109 1,300 37,630 SH SOLE NONE 37,630 0 0 CARPENTER TECHNOLOGY COMMON 144285103 339 5,869 SH SOLE NONE 5,869 0 0 CASUALMALE RETAIL GROUP COMMON 148711302 83 20,000 SH SOLE NONE 20,000 0 0 CATERPILLAR INC /EUR/ COMMON 149123101 8,045 75,571 SH SOLE NONE 74,506 0 1,065 CBS CORP-CLASS B COMMON 124857202 329 11,558 SH SOLE NONE 1,558 0 10,000 CELANESE CORPORATION SER COMMON 150870103 1,493 28,000 SH SOLE NONE 28,000 0 0 CELGENE CORP /REST/ COMMON 151020104 298 4,941 SH SOLE NONE 3,625 0 1,316 CENOVUS ENERGY INC COMMON 15135U109 252 6,700 SH SOLE NONE 6,700 0 0 CENTERPOINT ENERGY INC COMMON 15189T107 1,680 86,800 SH SOLE NONE 86,800 0 0 CHEVRON CORP COMMON 166764100 37,599 365,603 SH SOLE NONE 328,104 0 37,499 CHUBB CORP COMMON 171232101 332,417 5,309,330 SH SOLE NONE 4,612,363 0 696,967 CHURCH & DWIGHT INC COMMON 171340102 739 18,240 SH SOLE NONE 0 0 18,240 CIGNA CORP COMMON 125509109 882 17,145 SH SOLE NONE 17,145 0 0 CISCO SYTEMS /EUR/ COMMON 17275R102 3,507 224,694 SH SOLE NONE 207,294 0 17,400 CITIGROUP INC COMMON 172967424 1,747 41,948 SH SOLE NONE 41,948 0 0 CME GROUP INC COMMON 12572Q105 1,144 3,925 SH SOLE NONE 0 0 3,925 CMS ENERGY CORP/R COMMON 125896100 402 20,398 SH SOLE NONE 20,398 0 0 COACH INC COMMON 189754104 665 10,396 SH SOLE NONE 10,396 0 0 COCA COLA ENTERPRISES INC COMMON 19122T109 29,180 1,000,000 SH SOLE NONE 1,000,000 0 0 COCA-COLA CO COMMON 191216100 210,694 3,131,135 SH SOLE NONE 2,720,468 0 410,667 COLGATE PALMOLIVE COMMON 194162103 8,385 95,928 SH SOLE NONE 95,364 0 564 COMCAST CORPORATION CL A COMMON 20030N101 409,072 16,143,347 SH SOLE NONE 13,989,253 0 2,154,094 COMCAST CORPORATION SPL A COMMON 20030N200 3,657 150,914 SH SOLE NONE 65,937 0 84,977 COMMERCE BANCSHARES INC COMMON 200525103 854 19,864 SH SOLE NONE 19,864 0 0 CONOCOPHILLIPS COMMON 20825C104 9,541 126,887 SH SOLE NONE 121,037 0 5,850 CONSOL ENERGY INC COMMON 20854P109 926 19,109 SH SOLE NONE 16,000 0 3,109 CORELOGIC INC COMMON 21871D103 30,873 1,847,553 SH SOLE NONE 1,847,553 0 0 CORNING INC COMMON 219350105 291 16,025 SH SOLE NONE 16,025 0 0 COSTCO WHOLESALE CORP COMMON 22160K105 156,604 1,927,677 SH SOLE NONE 1,694,829 0 232,848 COVIDIEN PLC COMMON G2554F113 1,403 26,361 SH SOLE NONE 4,175 0 22,186 COWEN GROUP INC COMMON 223622101 83 21,956 SH SOLE NONE 21,956 0 0 CRAY INC COMMON 225223304 240 37,500 SH SOLE NONE 37,500 0 0 CROWN CASTLE INTL CORP COMMON 228227104 1,572 38,544 SH SOLE NONE 0 0 38,544 CSS INDUSTRIES INC /REST/ COMMON 125906107 3,343 159,738 SH SOLE NONE 159,738 0 0 CSX CORP COMMON 126408103 1,660 63,312 SH SOLE NONE 15,940 0 47,372 CTRIP.COM INTERNATIONAL COMMON 22943F100 943 21,900 SH SOLE NONE 0 0 21,900 CVS CAREMARK CORPORATION COMMON 126650100 1,758 46,770 SH SOLE NONE 9,152 0 37,618 DANAHER CORP COMMON 235851102 587 11,075 SH SOLE NONE 7,275 0 3,800 DE LUXE CORP COMMON 248019101 273 11,050 SH SOLE NONE 11,050 0 0 DEERE AND CO COMMON 244199105 44,674 541,833 SH SOLE NONE 541,708 0 125 DELL INC COMMON 24702R101 202,059 12,121,107 SH SOLE NONE 10,420,195 0 1,700,912 DELTA AIR LINES INC COMMON 247361702 133 14,490 SH SOLE NONE 4,575 0 9,915 DELTEK INC COMMON 24784L105 70,429 9,403,020 SH SOLE NONE 9,403,020 0 0 DENTSPLY INTL INC COMMON 249030107 210,401 5,525,226 SH SOLE NONE 4,696,610 0 828,616 DEVON ENERGY CORP COMMON 25179M103 1,742 22,099 SH SOLE NONE 11,950 0 10,149 DIAGEO PLC SPONSORED ADR COMMON 25243Q205 319,508 3,902,631 SH SOLE NONE 3,336,459 0 566,172 DIRECTV CLASS A COMMON 25490A101 377 7,425 SH SOLE NONE 7,425 0 0 DISCOVER FINANCIAL COMMON 254709108 971 36,282 SH SOLE NONE 36,282 0 0 DISNEY /THE WALT/ CO HLD COMMON 254687106 5,206 133,342 SH SOLE NONE 120,342 0 13,000 DOMINION RESOURCES INC COMMON 25746U109 3,864 80,050 SH SOLE NONE 70,050 0 10,000 DOVER CORP /REST/ COMMON 260003108 1,508 22,248 SH SOLE NONE 21,020 0 1,228 DOW CHEMICAL /EUR/ COMMON 260543103 1,373 38,135 SH SOLE NONE 30,425 0 7,710 DR PEPPER SNAPPLE GROUP COMMON 26138E109 368 8,772 SH SOLE NONE 4,512 0 4,260 DREAMWORKS ANIMATION SKG COMMON 26153C103 201 10,000 SH SOLE NONE 10,000 0 0 DU PONT /E I/ DE NEMOURS COMMON 263534109 8,956 165,694 SH SOLE NONE 162,454 0 3,240 DUKE ENERGY CORP COMMON 26441C105 2,038 108,210 SH SOLE NONE 106,026 0 2,184 DUN & BRADSTREET CORP COMMON 26483E100 582 7,700 SH SOLE NONE 6,900 0 800 EASTMAN KODAK COMMON 277461109 55 15,250 SH SOLE NONE 15,250 0 0 EATON CORP COMMON 278058102 1,268 24,654 SH SOLE NONE 24,654 0 0 EBAY INC COMMON 278642103 239,839 7,432,273 SH SOLE NONE 6,386,832 0 1,045,441 ECOLAB INC COMMON 278865100 163,461 2,899,281 SH SOLE NONE 2,491,042 0 408,239 EDWARDS LIFESCIENCES CORP COMMON 28176E108 1,430 16,400 SH SOLE NONE 16,400 0 0 EL PASO CORPORATION COMMON 28336L109 1,412 69,925 SH SOLE NONE 19,800 0 50,125 ELI LILLY & CO /EUR/ COMMON 532457108 905 24,127 SH SOLE NONE 24,127 0 0 EMC CORP MASS COMMON 268648102 258 9,362 SH SOLE NONE 3,990 0 5,372 EMERSON ELEC CO COMMON 291011104 12,902 229,366 SH SOLE NONE 212,866 0 16,500 ENBRIDGE ENERGY PARTNERS COMMON 29250R106 421 14,000 SH SOLE NONE 14,000 0 0 ENNIS INC COMMON 293389102 392 22,500 SH SOLE NONE 22,500 0 0 ENTERPRISE PRODUCTS PRTN COMMON 293792107 3,040 70,363 SH SOLE NONE 69,363 0 1,000 EOG RESOURCES INC COMMON 26875P101 275,640 2,636,439 SH SOLE NONE 2,261,798 0 374,641 EQUAL ENERGY LTD COMMON 29390Q109 134 20,000 SH SOLE NONE 20,000 0 0 ESSA BANCORP INC COMMON 29667D104 435 35,000 SH SOLE NONE 35,000 0 0 EXELIXIS INC COMMON 30161Q104 305 34,000 SH SOLE NONE 34,000 0 0 EXELON CORPORATION COMMON 30161N101 1,226 28,611 SH SOLE NONE 28,611 0 0 EXPEDITORS INTL WASH INC COMMON 302130109 1,008 19,700 SH SOLE NONE 0 0 19,700 EXXON MOBIL CORP COMMON 30231G102 109,974 1,351,363 SH SOLE NONE 1,315,067 0 36,296 F M C CORP COMMON 302491303 325 3,775 SH SOLE NONE 3,775 0 0 FEDEX CORPORATION COMMON 31428X106 256 2,700 SH SOLE NONE 2,700 0 0 FIFTH THIRD BANCORP COMMON 316773100 1,390 109,041 SH SOLE NONE 109,041 0 0 FISERV INC COMMON 337738108 504 8,050 SH SOLE NONE 8,050 0 0 FLEXTRONICS INTL LTD /RE COMMON Y2573F102 113 17,618 SH SOLE NONE 8,500 0 9,118 FMC TECHNOLOGIES INC COMMON 30249U101 475 10,596 SH SOLE NONE 10,596 0 0 FOOT LOCKER INC COMMON 344849104 356 15,000 SH SOLE NONE 15,000 0 0 FORD MOTOR CO DEL COMMON 345370860 526 38,134 SH SOLE NONE 38,134 0 0 FORTUNE BRANDS INC COMMON 349631101 216 3,388 SH SOLE NONE 2,388 0 1,000 FRANKLIN RESOURCES INC COMMON 354613101 1,154 8,790 SH SOLE NONE 8,790 0 0 FREEPORT-MCMORAN C & G C COMMON 35671D857 885 16,736 SH SOLE NONE 2,386 0 14,350 FRONTIER COMMUNICATIONS COMMON 35906A108 151 18,747 SH SOLE NONE 18,747 0 0 FRONTLINE LIMITED /GBP/ COMMON G3682E127 147 10,000 SH SOLE NONE 10,000 0 0 FURNITURE BRANDS INTL INC COMMON 360921100 116 28,000 SH SOLE NONE 28,000 0 0 GALLAGHER ARTHUR J & CO COMMON 363576109 2,605 91,276 SH SOLE NONE 91,276 0 0 GEN MILLS COMMON 370334104 9,697 260,521 SH SOLE NONE 247,271 0 13,250 GENERAL ELECTRIC COMPANY COMMON 369604103 24,338 1,290,480 SH SOLE NONE 1,238,505 0 51,975 GENERAL GROWTH PROPERTIE COMMON 370023103 204 12,241 SH SOLE NONE 12,241 0 0 GENERAL MOTORS CO COMMON 37045V100 477 15,717 SH SOLE NONE 15,717 0 0 GENERAL MOTORS EXP 07/10 COMMON 37045V118 303 14,164 SH SOLE NONE 14,164 0 0 GENERAL MOTORS EXP 07/10 COMMON 37045V126 242 15,212 SH SOLE NONE 15,212 0 0 GENUINE PARTS CO COMMON 372460105 468 8,600 SH SOLE NONE 8,600 0 0 GERON CORP /REST/ COMMON 374163103 40 10,000 SH SOLE NONE 10,000 0 0 GFI GROUP INC /RESTRICTE COMMON 361652209 2,295 500,000 SH SOLE NONE 500,000 0 0 GILEAD SCIENCES INC COMMON 375558103 479 11,565 SH SOLE NONE 2,830 0 8,735 GLATFELTER COMMON 377316104 354 23,040 SH SOLE NONE 23,040 0 0 GLAXOSMITHKLINE PLC ADR COMMON 37733W105 560 13,063 SH SOLE NONE 13,063 0 0 GOLDCORP INC /EUR/ COMMON 380956409 326 6,761 SH SOLE NONE 310 0 6,451 GOLDMAN SACHS GROUP INC COMMON 38141G104 1,560 11,720 SH SOLE NONE 4,940 0 6,780 GOOGLE INC CLASS A COMMON 38259P508 5,231 10,330 SH SOLE NONE 6,331 0 3,999 GRAINGER /W W/ INC COMMON 384802104 17,053 110,985 SH SOLE NONE 99,268 0 11,717 HALLIBURTON CO HOLDING COMMON 406216101 1,054 20,666 SH SOLE NONE 0 0 20,666 HARRIS CORP /DEL/ COMMON 413875105 6,821 151,378 SH SOLE NONE 151,378 0 0 HARTE-HANKS INC COM COMMON 416196103 1,612 198,500 SH SOLE NONE 198,500 0 0 HEADWATERS INC COMMON 42210P102 63 20,000 SH SOLE NONE 20,000 0 0 HEINZ /H J/ CO COMMON 423074103 974 18,280 SH SOLE NONE 16,780 0 1,500 HEWLETT PACKARD COMMON 428236103 8,204 225,371 SH SOLE NONE 193,821 0 31,550 HOME DEPOT INC COMMON 437076102 819 22,608 SH SOLE NONE 22,608 0 0 HONEYWELL INTL INC COMMON 438516106 21,827 366,290 SH SOLE NONE 366,290 0 0 HOSPIRA INC COMMON 441060100 247 4,352 SH SOLE NONE 4,352 0 0 HOVNANIAN ENTERPRISES IN COMMON 442487203 48 20,000 SH SOLE NONE 20,000 0 0 I SHARES IBOXX H/Y CORP COMMON 464288513 877 9,600 SH SOLE NONE 9,600 0 0 I SHARES MSCI BRAZIL IND COMMON 464286400 1,020 13,912 SH SOLE NONE 13,512 0 400 IBM INTL BUS MACHINE /CH COMMON 459200101 85,849 500,430 SH SOLE NONE 478,715 0 21,715 ILLINOIS TOOL WORKS COMMON 452308109 45,557 806,460 SH SOLE NONE 806,460 0 0 INGERSOLL RAND PLC COMMON G47791101 1,342 29,560 SH SOLE NONE 2,575 0 26,985 INTEGRYS ENERGY GROUP INC COMMON 45822P105 264 5,093 SH SOLE NONE 5,093 0 0 INTEL CORPORATION /EUR/ COMMON 458140100 9,361 422,412 SH SOLE NONE 399,312 0 23,100 INTERCONTINENTALEXCHANGE COMMON 45865V100 1,440 11,550 SH SOLE NONE 0 0 11,550 INTL GAME TECHNOLOGY COMMON 459902102 191 10,863 SH SOLE NONE 219 0 10,644 INTUIT INC COMMON 461202103 5,574 107,477 SH SOLE NONE 74,058 0 33,419 ISHARES BARCLAYS TIPS BO COMMON 464287176 982 8,880 SH SOLE NONE 8,880 0 0 ISHARES DJ US REAL ESTAT COMMON 464287739 1,044 17,315 SH SOLE NONE 17,315 0 0 ISHARES GOLD TRUST COMMON 464285105 419 28,650 SH SOLE NONE 28,650 0 0 ISHARES MSCI ASIA EX-JAP COMMON 464288182 5,023 81,000 SH SOLE NONE 81,000 0 0 ISHARES MSCI CANADA INDX COMMON 464286509 672 21,205 SH SOLE NONE 21,205 0 0 ISHARES MSCI EAFE INDEX COMMON 464287465 16,088 267,501 SH SOLE NONE 254,758 0 12,743 ISHARES MSCI EMERGING MK COMMON 464287234 4,799 100,828 SH SOLE NONE 99,478 0 1,350 ISHARES MSCI PACIFIC EX COMMON 464286665 568 11,931 SH SOLE NONE 11,931 0 0 ISHARES RUSSELL MIDCAP I COMMON 464287499 2,009 18,377 SH SOLE NONE 18,377 0 0 ISHARES RUSSELL MIDCAP V COMMON 464287473 310 6,500 SH SOLE NONE 6,500 0 0 ISHARES RUSSELL 1000 GRO COMMON 464287614 7,131 117,139 SH SOLE NONE 117,139 0 0 ISHARES RUSSELL 1000 VALUE COMMON 464287598 3,820 55,946 SH SOLE NONE 55,946 0 0 ISHARES RUSSELL 2000 VAL COMMON 464287630 356 4,850 SH SOLE NONE 4,850 0 0 ISHARES S & P SMALLCAP 6 COMMON 464287879 691 9,303 SH SOLE NONE 9,303 0 0 ISHARES S&P MIDCAP 400 I COMMON 464287507 1,975 20,214 SH SOLE NONE 19,199 0 1,015 ISHARES S&P MIDCAP 400 V COMMON 464287705 709 8,442 SH SOLE NONE 8,442 0 0 ISHARES S&P S/T NATION M COMMON 464288158 1,299 12,250 SH SOLE NONE 12,250 0 0 ISHARES S&P SMALLCAP 600 COMMON 464287804 495 6,753 SH SOLE NONE 5,514 0 1,239 ISHARES S&P 100 INDEX FU COMMON 464287101 7,326 124,723 SH SOLE NONE 124,723 0 0 ISHARES SP NATL AMT FREE COMMON 464288414 2,500 24,150 SH SOLE NONE 24,150 0 0 ISHARES TR RUSSELL 2000 COMMON 464287648 957 10,088 SH SOLE NONE 10,088 0 0 ISHARES TRUST RUSSELL 20 COMMON 464287655 3,130 37,802 SH SOLE NONE 37,802 0 0 ISHARES TRUST S & P 500 COMMON 464287200 14,117 106,606 SH SOLE NONE 75,735 0 30,871 ITT CORP COMMON 450911102 321 5,443 SH SOLE NONE 2,677 0 2,766 JETBLUE AIRWAYS CORP /RE COMMON 477143101 81 13,210 SH SOLE NONE 0 0 13,210 JOHNSON & JOHNSON COMMON 478160104 256,985 3,863,270 SH SOLE NONE 3,373,824 0 489,446 JPMORGAN CHASE & COMPANY COMMON 46625H100 8,980 219,337 SH SOLE NONE 184,860 0 34,477 JUNIPER NETWORKS INC COMMON 48203R104 866 27,479 SH SOLE NONE 24,225 0 3,254 KELLOGG CO COMMON 487836108 3,576 64,641 SH SOLE NONE 58,641 0 6,000 KELLY SVCS INC CLASS A COMMON 488152208 246 14,900 SH SOLE NONE 14,900 0 0 KENNAMETAL INC /REST/ COMMON 489170100 524 12,408 SH SOLE NONE 12,408 0 0 KIMBERLY CLARK COMMON 494368103 5,934 89,151 SH SOLE NONE 89,151 0 0 KINDER MORGAN ENERGY PAR COMMON 494550106 1,127 15,527 SH SOLE NONE 15,527 0 0 KINETIC CONCEPTS INC COMMON 49460W208 346 6,000 SH SOLE NONE 6,000 0 0 KKR FINANCIAL HOLDINGS L COMMON 48248A306 540 55,000 SH SOLE NONE 55,000 0 0 KOHLS CORP COMMON 500255104 787 15,736 SH SOLE NONE 1,000 0 14,736 KRAFT FOODS INC /CHF/ COMMON 50075N104 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