13F-HR 1 dm09300513f-hrb.txt 13F - 3RD QUARTER 2005 FILING 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: September 30, 2005 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holding entries Salem Investment Counselors, Inc. Name of Institutional Investment Manager 480 Shepherd Street Winston-Salem NC 27103 Business Address (Street) (City) (State) (Zip) Dale M. Brown, Vice President 336.768.7230 Name, Phone No.,and Title of Person Duly Authorized to Submit This Report. ATTENTION INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL CRIMINAL VIOLATIONS. See 18 U.S.C. AND 15 U.S.C. 78ff(a) The institutional investment manager submitting this Form and its attachments and the person by whom it is signed represent hereby that all information contained therein is true, correct and complete. It is understood that all required items, statements and schedules are considered integral parts of this Form and that the submission of any amendment represents that all unamended items, statements and schedules remain true, correct and complete as previously submitted. Pursuant to the requirements of the Securities Exchange Act of 1934, the undersigned institutional investment manager has caused this report to be signed on its behalf in the City of Winston-Salem and State of North Carolina on the 14th day of November, 2005 Salem Investment Counselors, Inc. (Name of Institutional Investment Manager) /s/ DALE M. BROWN (Manual Signature of Person Duly Authorized To Submit This Report) Name and 13F file numbers of all Institutional Investment Managers with respect to which this schedule is filed (other than the one filing this report): (List in alphabetical order). 13F File Numbers will be assigned to Institutional Investment Managers after they file their first report. Name: 13F File No.: Name: <13F File No.: 1. 6. 2. 7. 3. 8. 4. 9. 5. 10. 2 FORM 13F SUMMARY PAGE REPORT SUMMARY: NUMBER OF OTHER INCLUDED MANAGERS: 0 FORM 13F INFORMATION TABLE ENTRY: 232 FORM 13F INFORMATION TABLE VALUE TOTAL: $611,044,367 3 FORM 13F Name of Reporting Manager: Salem Investment Counselors, Inc.
Item 1 Name of Issuer Item 2 Title of Class Item 3 Cusip Number Item 4 Fair Market Value Item 5 Shares of Principal Amount (a) Sole 3M Company A T I Technologies Abbott Labs Activision, Inc. Alcon, Inc. Alliance One International Alltell Corp. (AT) Altria Group, Inc. Ameren Corp. American Capital Strategies American Express Company American Intl. Group, Inc. Amgen Incorporated Anheuser Busch Company, Inc. Apache Corp. Arbor Realty Tr., Inc. common common common common common common common common common common common common common common common common 88579Y101 1941103 2824100 4930202 H01301102 18772103 20039103 02209S103 23608102 24937104 25816109 26874107 31162100 35229103 37411105 38923108 $11,286,216 $294,134 $991,736 $5,973,425 $345,276 $3,984,748 $323,271 $2,205,403 $342,336 $644,300 $275,138 $2,688,506 $10,908,337 $729,958 $1,100,093 $2,453,130 153,847 21,100 23,390 292,099 2,700 1,125,635 4,965 29,920 6,400 17,575 4,790 43,391 136,919 16,960 14,625 87,300 153,847 21,100 23,390 292,099 2,700 1,125,635 4,965 29,920 6,400 17,575 4,790 43,391 136,919 16,960 14,625 87,300
Item 1 Name of Issuer Item 6 (b) Shares as defined in Instr. V. Item 7 Managers See Instr. V. (a) Sole Item 8 (b) Shared (c) None 3M Company A T I Technologies Abbott Labs Activision, Inc. Alcon, Inc. Alliance One International Alltell Corp. (AT) Altria Group, Inc. Ameren Corp. American Capital Strategies American Express Company American Intl. Group, Inc. Amgen Incorporated Anheuser Busch Company, Inc. Apache Corp. Arbor Realty Tr., Inc. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 153,847 21,100 23,390 292,099 2,700 1,125,635 4,965 29,920 6,400 17,575 4,790 43,391 136,919 16,960 14,625 87,300 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
4 Arch Coal, Inc. Atlas Pipeline Partners-UTS Automatic Data Processing, Inc. Avery Dennison Corp. Bank of America Corp. Bank of Carolinas; Mocksville NC Banner Corporation Barrick Gold Corp. BB&T Corporation Berkshire Hathaway, Inc. CL B BRKB Berkshire Hathaway, Inc. DEL CL A BHP Billiton Ltd. ADR Blackrock Advantage Term BAT Blackrock Broad Inv. 2009 BCT Blackrock Core Bd. Trust BHK Blackrock Incm. Opportunity TR BNA Blackrock Income TR. Inc. BKT common common common common common common common common common common common common common common common common common 39380100 49392103 53015103 53611109 60505104 06423T102 06652V109 67901108 54937107 84670207 84670108 88606108 09247A101 09247Q106 09249 101 92475102 09247F100 $472,500 $219,600 $7,824,242 $500,325 $22,062,210 $3,696,271 $209,524 $232,400 $3,757,313 $13,611,304 $2,050,000 $348,636 $821,701 $662,624 $526,689 $645,463 $1,435,218 7,000 4,500 181,790 9,550 524,043 207,074 7,865 8,000 96,218 4,984 25 10,200 80,480 41,285 36,883 56,225 226,375 7,000 4,500 181,790 9,550 524,043 207,074 7,865 8,000 96,218 4,984 25 10,200 80,480 41,285 36,883 56,225 226,375
Arch Coal, Inc. Atlas Pipeline Partners-UTS Automatic Data Processing, Inc. Avery Dennison Corp. Bank of America Corp. Bank of Carolinas; Mocksville NC Banner Corporation Barrick Gold Corp. BB&T Corporation Berkshire Hathaway, Inc. CL B BRKB Berkshire Hathaway, Inc. DEL CL A BHP Billiton Ltd. ADR Blackrock Advantage Term BAT Blackrock Broad Inv. 2009 BCT Blackrock Core Bd. Trust BHK Blackrock Incm. Opportunity TR BNA Blackrock Income TR. Inc. BKT 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7,000 4,500 181,790 9,550 524,043 207,074 7,865 8,000 96,218 4,984 25 10,200 80,480 41,285 36,883 56,225 226,375 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
5 Blackrock Insd Mun Term BMT Blackrock Insd Muni 2008 BRM Blackrock Invt. Qlty Muni BKN Blackrock Ltd. Duration BLW Blackrock Mini Bond TR BBK Blackrock Mun 2018 Fd. BPK Blackrock Muni Target Term BMN Blackrock N Y Insd 2008 BLN Blackrock Pfd. Opportunity Tr BPP Blackrock Strat. Muni Tr BSD Blackrock Strategic Bond BHD BNP Residential Property, Inc. BP Amoco PLC ADR Burlington Resources, Inc. Callwave, Inc. Canadian Nat. Res. Ltd. Capital Bank Corp. common common common common common common common common common common common common common common common common common 92474105 09247K109 09247D105 09249W101 09249H104 09248C106 09247M105 09247L107 09249V103 09248T109 09249G106 5564T103 55622104 122014103 13126N101 136385101 139793103 $198,180 $1,315,014 $835,763 $644,988 $223,079 $462,265 $2,182,014 $774,608 $2,451,000 $825,282 $276,705 $326,104 $1,580,238 $650,560 $265,253 $958,028 $1,980,397 18,350 83,440 48,450 35,400 13,350 29,500 216,900 49,750 100,000 49,300 19,350 22,725 22,304 8,000 66,148 21,200 131,239 18,350 83,440 48,450 35,400 13,350 29,500 216,900 49,750 100,000 49,300 19,350 22,725 22,304 8,000 66,148 21,200 131,239
Blackrock Insd Mun Term BMT Blackrock Insd Muni 2008 BRM Blackrock Invt. Qlty Muni BKN Blackrock Ltd. Duration BLW Blackrock Mini Bond TR BBK Blackrock Mun 2018 Fd. BPK Blackrock Muni Target Term BMN Blackrock N Y Insd 2008 BLN Blackrock Pfd. Opportunity Tr BPP Blackrock Strat. Muni Tr BSD Blackrock Strategic Bond BHD BNP Residential Property, Inc. BP Amoco PLC ADR Burlington Resources, Inc. Callwave, Inc. Canadian Nat. Res. Ltd. Capital Bank Corp. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 18,350 83,440 48,450 35,400 13,350 29,500 216,900 49,750 100,000 49,300 19,350 22,725 22,304 8,000 66,148 21,200 131,239 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
6 Capital One Financial Corp. Cardinal Health Inc. Centerstate Banks of Florida Certegy, Inc. Chevron Texaco Corporation Choicepoint, Inc. Cincinnati Financial Corp Cinergy Corp. Cisco Systems, Inc. Citigroup, Inc. Coca-Cola Corporation Coddle Creek Financial Inc Colgate-Palmolive Co. Collagenex Pharmaceuticals, Inc. CommScope, Inc. Community Bancshares, Inc. SC ConocoPhillips common common common common common common common common common common common common common common common common common 14040H105 14149Y108 15201P109 156880106 166764100 170388102 172062101 172474108 17275R102 172967101 191216100 191891209 194162103 19419B100 203372107 20343F190 20825C104 $15,915,309 $320,372 $358,800 $964,482 $915,671 $1,295,100 $635,555 $820,475 $6,196,396 $11,193,042 $1,304,554 $1,008,000 $5,211,957 $744,000 $510,663 $1,385,347 $859,802 200,142 5,050 10,400 24,100 14,146 30,000 15,172 18,475 345,781 245,893 30,205 28,800 98,730 75,000 29,450 81,491 12,299 200,142 5,050 10,400 24,100 14,146 30,000 15,172 18,475 345,781 245,893 30,205 28,800 98,730 75,000 29,450 81,491 12,299
Capital One Financial Corp. Cardinal Health Inc. Centerstate Banks of Florida Certegy, Inc. Chevron Texaco Corporation Choicepoint, Inc. Cincinnati Financial Corp Cinergy Corp. Cisco Systems, Inc. Citigroup, Inc. Coca-Cola Corporation Coddle Creek Financial Inc Colgate-Palmolive Co. Collagenex Pharmaceuticals, Inc. CommScope, Inc. Community Bancshares, Inc. SC ConocoPhillips 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 200,142 5,050 10,400 24,100 14,146 30,000 15,172 18,475 345,781 245,893 30,205 28,800 98,730 75,000 29,450 81,491 12,299 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
7 Constellation Energy Group Cooperative Bankshares, Inc. Countrywide Financial CT Communications, Inc. CVS Corp. D. R. Horton Company Dell, Inc. Dentsply Intl. Inc. New Devon Energy Corp. Disney, Walt Company Dominion Resources Inc. - VA Duke Energy Corporation Dynamic Oil & Gas, Inc. Eaton Corp Ebay, Inc. EMC Corp. MASS Emerson Electric common common common common common common common common common common common common common common common common common 210371100 216844100 222372104 126426402 126650100 23331A109 24702R101 249030107 25179M103 254687106 25746U109 264399106 267906105 278058102 278642103 268648102 291011104 $301,840 $385,400 $1,706,550 $173,056 $591,804 $8,233,902 $3,285,491 $324,120 $13,534,778 $3,544,721 $256,267 $1,445,257 $3,047,297 $295,380 $3,097,210 $159,149 $494,271 4,900 20,000 51,745 13,990 20,400 227330 96,067 6,000 197,185 146,901 2,975 49,546 1,043,595 4,648 75,175 12,299 6,884 4,900 20,000 51,745 13,990 20,400 227330 96,067 6,000 197,185 146,901 2,975 49,546 1,043,595 4,648 75,175 12,299 6,884
Constellation Energy Group Cooperative Bankshares, Inc. Countrywide Financial CT Communications, Inc. CVS Corp. D. R. Horton Company Dell, Inc. Dentsply Intl. Inc. New Devon Energy Corp. Disney, Walt Company Dominion Resources Inc. - VA Duke Energy Corporation Dynamic Oil & Gas, Inc. Eaton Corp Ebay, Inc. EMC Corp. MASS Emerson Electric 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4,900 20,000 51,745 13,990 20,400 227330 96,067 6,000 197,185 146,901 2,975 49,546 1,043,595 4,648 75,175 12,299 6,884 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
8 Enbridge Energy Partners LP Encana Corp. Enterprise Products Partners LP Exactech, Inc. Expedia, Inc. Exxon Mobile Corporation F N B Financial Services Corp. Falconstor Software, Inc. Faro Technologies, Inc. First Data Corporation First INDL RLTY TR, Inc. First State Bancorp Fiserv, Inc. Forest Oil Corp. FX Energy, Inc. Genentech, Inc. New General Dynamics Corp. common common common common common common common common common common common common common common common common common 29250R106 292505104 293792107 30064 109 30212P105 302290101 302526108 306137100 311642102 319963104 32054K103 33645S100 337738108 346091705 302695101 368710406 369550108 $2,443,474 $396,508 $739,285 $592,000 $433,839 $3,920,418 $199,973 $7,240,579 $223,161 $1,966,000 $1,121,400 $276,887 $206,415 $2,380,970 $8,055,427 $842,100 $263,010 43,900 6,800 29,360 40,000 21,900 61,700 11,375 1,194,815 11,450 49,150 28,000 7,670 4,500 45,700 672,968 10,000 2,200 43,900 6,800 29,360 40,000 21,900 61,700 11,375 1,194,815 11,450 49,150 28,000 7,670 4,500 45,700 672,968 10,000 2,200
Enbridge Energy Partners LP Encana Corp. Enterprise Products Partners LP Exactech, Inc. Expedia, Inc. Exxon Mobile Corporation F N B Financial Services Corp. Falconstor Software, Inc. Faro Technologies, Inc. First Data Corporation First INDL RLTY TR, Inc. First State Bancorp Fiserv, Inc. Forest Oil Corp. FX Energy, Inc. Genentech, Inc. New General Dynamics Corp. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 43,900 6,800 29,360 40,000 21,900 61,700 11,375 1,194,815 11,450 49,150 28,000 7,670 4,500 45,700 672,968 10,000 2,200 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
9 General Electric Company General Maritime Corp. Gillette Co. Given Imaging Glaxo Smith Kline PLC Google, Inc. CL A Guidant Corporation Harbor Fund Intl. Fund Harley Davidson, Inc. Hewlet-Packard Company Highwood Properties, Inc. REIT Home Depot, Inc. Houston Exploration Co. Hubbell Inc. Class B Hudson City Bancorp, Inc. IAC / InteractiveCorp. Inergy LP common common common common common common common common common common common common common common common common common 369604103 Y2692M103 375766102 M52020100 37733W105 38259P508 401698105 411511306 412822108 428236103 431284108 437076102 442120101 443510201 443683107 44919P102 456615103 $18,409,321 $1,566,634 $363,750 $6,189,935 $416,445 $379,752 $399,493 $203,481 $273,202 $925,465 $3,267,642 $312,557 $1,082,725 $600,000 $7,505,223 $557,066 $1,128,000 546,757 42,560 6,250 256,312 8,121 1,200 5,799 4,169 5,640 31,694 110,730 8,195 16,100 12,785 630,691 21,975 40,000 546,757 42,560 6,250 256,312 8,121 1,200 5,799 4,169 5,640 31,694 110,730 8,195 16,100 12,785 630,691 21,975 40,000
General Electric Company General Maritime Corp. Gillette Co. Given Imaging Glaxo Smith Kline PLC Google, Inc. CL A Guidant Corporation Harbor Fund Intl. Fund Harley Davidson, Inc. Hewlet-Packard Company Highwood Properties, Inc. REIT Home Depot, Inc. Houston Exploration Co. Hubbell Inc. Class B Hudson City Bancorp, Inc. IAC / InteractiveCorp. Inergy LP 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 546,757 42,560 6,250 256,312 8,121 1,200 5,799 4,169 5,640 31,694 110,730 8,195 16,100 12,785 630,691 21,975 40,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
10 Intel Corp International Business Machines Ishares Ishares FTSE XINHUA Ishares MSCI Eafe Index Ishares MSCI Emerging Ishares MSCI EMU Index Fund Ishares MSCI Hong Kong Ishares MSCI Japan Index Ishares MSCI Pacific Ishares NASDAQ BiotechIndexFund Ishares S&P GLB ERG Sect Ishares S&P GLB Health Care Ishares T DJ US UTL S FD Ishares TR Russell Midcap Index Jefferson Pilot Corp Johnson & Johnson common common common common common common common common common common common common common common common common common 458140100 459200101 464287176 464287184 464287465 464287234 464286608 464286871 464286848 464286665 464287556 464287341 464287325 464287697 464287499 475070108 478160104 $11,898,446 $950,447 $357,918 $3,114,034 $2,495,395 $1,349,592 $346,140 $190,120 $1,382,346 $422,915 $539,000 $1,028,281 $347,462 $262,848 $236,168 $1,029,694 $15,864,836 482,696 11,848 3,400 48,475 42,950 15,900 4,500 14,000 113,400 4,100 7,000 10,100 6,700 3,200 2,729 20,123 250,709 482,696 11,848 3,400 48,475 42,950 15,900 4,500 14,000 113,400 4,100 7,000 10,100 6,700 3,200 2,729 20,123 250,709
Intel Corp International Business Machines Ishares Ishares FTSE XINHUA Ishares MSCI Eafe Index Ishares MSCI Emerging Ishares MSCI EMU Index Fund Ishares MSCI Hong Kong Ishares MSCI Japan Index Ishares MSCI Pacific Ishares NASDAQ BiotechIndexFund Ishares S&P GLB ERG Sect Ishares S&P GLB Health Care Ishares T DJ US UTL S FD Ishares TR Russell Midcap Index Jefferson Pilot Corp Johnson & Johnson 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 482,696 11,848 3,400 48,475 42,950 15,900 4,500 14,000 113,400 4,100 7,000 10,100 6,700 3,200 2,729 20,123 250,709 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
11 KB Home Kellogg Company KFX, Inc. Kinder Morgan Energy Partners LP Kinetic Concepts, Inc. L-3 Communications Holdings, Inc. Leggett & Platt, Inc. Level 3 Communications, Inc. Lilly, Eli & Co. Lowes Companies Inc. Massey Energy Co. Max Re Capital Ltd. McDonalds Corporation Medtronic, Inc. Merck & Co. Merrill Lynch & Co., Inc. Methode Electronics, Inc. Class A common common common common common common common common common common common common common common common common common 48666K109 487836108 48245L107 494550106 49460W208 502424104 524660107 52729N100 532457108 548661107 576206106 G6052F103 580135101 585055106 589331107 590188108 591520200 $219,600 $5,803,708 $855,500 $2,642,500 $6,125,028 $8,619,614 $1,496,679 $445,672 $318,444 $20,484,224 $1,123,540 $1,894,576 $1,808,594 $3,218,380 $2,623,534 $212,087 $207,360 3,000 125,812 50,000 50,000 107,835 109,012 74,093 192,100 5,950 318,078 22,000 76,425 54,004 60,022 96,418 3,457 18,000 3,000 125,812 50,000 50,000 107,835 109,012 74,093 192,100 5,950 318,078 22,000 76,425 54,004 60,022 96,418 3,457 18,000
KB Home Kellogg Company KFX, Inc. Kinder Morgan Energy Partners LP Kinetic Concepts, Inc. L-3 Communications Holdings, Inc. Leggett & Platt, Inc. Level 3 Communications, Inc. Lilly, Eli & Co. Lowes Companies Inc. Massey Energy Co. Max Re Capital Ltd. McDonalds Corporation Medtronic, Inc. Merck & Co. Merrill Lynch & Co., Inc. Methode Electronics, Inc. Class A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3,000 125,812 50,000 50,000 107,835 109,012 74,093 192,100 5,950 318,078 22,000 76,425 54,004 60,022 96,418 3,457 18,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
12 Mettler-Toledo International, Inc. Micro Therapeutics, Inc. New Microsoft Corporation Nabors Industries Ltd. Nokia Corp. NovaGold Resources, Inc. Novogen Limited Sponsored ADR Nuveen Conn Prem Inc Muni Fund NTC Nuveen CT DivAdMuni FdCt Fd2 NGK Nuveen CT Div Ad Muni Fd CT NGO Nuveen Divid Ad Mun Fd. 2 NXZ Nuveen Muni Advantage Fund NMA Nuveen NC Div AD Muni Fund NC NII Nuveen NC Div ADMuniFund NCNNO Nuveen Perf Plus Muni Fund Inc. NPP Nuveen Quality Pfd Incm Fd JTP Nuveen Real Estate Inc. Fund JRS common common common common common common common common common common common common common common common common common 592688105 59500W100 594918104 G6359F103 654902204 66987 E206 67010F103 67060D107 67071R103 67069T103 67070F100 67062H106 67072D103 67071D104 67062P108 67071S101 67071B108 $463,918 $70,451 $16,854,594 $301,686 $5,765,194 $9,006,444 $4,818,710 $199,080 $255,060 $269,730 $178,750 $221,760 $608,592 $495,747 $192,384 $600,760 $782,458 9,100 12,603 655,056 4,200 340,934 1,124,400 262,600 12,000 15,600 18,500 11,000 14,000 40,900 32,025 12,800 46,000 38,450 9,100 12,603 655,056 4,200 340,934 1,124,400 262,600 12,000 15,600 18,500 11,000 14,000 40,900 32,025 12,800 46,000 38,450
Mettler-Toledo International, Inc. Micro Therapeutics, Inc. New Microsoft Corporation Nabors Industries Ltd. Nokia Corp. NovaGold Resources, Inc. Novogen Limited Sponsored ADR Nuveen Conn Prem Inc Muni Fund NTC Nuveen CT DivAdMuni FdCt Fd2 NGK Nuveen CT Div Ad Muni Fd CT NGO Nuveen Divid Ad Mun Fd. 2 NXZ Nuveen Muni Advantage Fund NMA Nuveen NC Div AD Muni Fund NC NII Nuveen NC Div ADMuniFund NCNNO Nuveen Perf Plus Muni Fund Inc. NPP Nuveen Quality Pfd Incm Fd JTP Nuveen Real Estate Inc. Fund JRS 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9,100 12,603 655,056 4,200 340,934 1,124,400 262,600 12,000 15,600 18,500 11,000 14,000 40,900 32,025 12,800 46,000 38,450 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
13 Oil Service Holders Dep. RCPT Old Rep. Intl. Corp. Pacific Energy Partners LP Pepsico, Inc. PetroChina Co. ADR Petrohawk Energy Corp. Pfizer, Inc. PG&E Corp. Pioneer Natural Res. Co. Polaris Industries, Inc. Procter & Gamble Progress Energy, Inc. Provident Bankshares Corp Regions Financial Corp. Remington Oil & Gas Corporation Republic Services, Inc. Sara Lee Corporation common common common common common common common common common common common common common common common common common 678002106 680223104 69422R105 713448108 71646E 100 716495106 717081103 69331C108 723787107 731068102 742718109 743263105 743859100 758940100 759594302 760759100 803111103 $1,036,268 $729,104 $1,735,825 $20,760,384 $2,651,583 $922,240 $12,001,999 $255,125 $1,506,181 $594,600 $10,504,995 $296,961 $1,154,000 $297,694 $3,882,325 $211,740 $288,836 8,357 27,338 54,500 366,080 31,805 64,000 480,657 6,500 27,425 12,000 176,673 6,636 33,180 9,566 93,550 6,000 15,242 8,357 27,338 54,500 366,080 31,805 64,000 480,657 6,500 27,425 12,000 176,673 6,636 33,180 9,566 93,550 6,000 15,242
Oil Service Holders Dep. RCPT Old Rep. Intl. Corp. Pacific Energy Partners LP Pepsico, Inc. PetroChina Co. ADR Petrohawk Energy Corp. Pfizer, Inc. PG&E Corp. Pioneer Natural Res. Co. Polaris Industries, Inc. Procter & Gamble Progress Energy, Inc. Provident Bankshares Corp Regions Financial Corp. Remington Oil & Gas Corporation Republic Services, Inc. Sara Lee Corporation 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8,357 27,338 54,500 366,080 31,805 64,000 480,657 6,500 27,425 12,000 176,673 6,636 33,180 9,566 93,550 6,000 15,242 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
14 Security Bank Corp. Sempra Energy ServiceMaster Co. Sirius Satellite Radio Sonoco Products Sony Corp ADR New Com Southern Comm Cap II PFD 7.95% Southern Community Financial Southwest Bancorp, Inc. Starbucks Corp. Stericycle, Inc. Suntrust Banks, Inc. SVB Financial Group, Inc. Syniverse Holdings, Inc. Sysco Corporation Target Corporation TCF Financial Corp common common common common common common common common common common common common common common common common common 814047106 816851109 81760N109 82966U103 835495102 835699307 842633208 842632101 844767103 855244109 858912108 867914103 78486Q101 87163F106 871829107 87612E106 872275102 $1,929,199 $207,299 $4,579,336 $137,340 $3,857,428 $280,456 $155,550 $2,490,416 $241,670 $811,620 $571,500 $2,525,202 $243,200 $462,000 $15,933,137 $355,617 $556,079 77,509 4,405 338,208 21,000 141,246 8,450 15,000 271,583 11,000 16,200 10,000 36,360 5,000 30,000 507,910 6,848 20,788 77,509 4,405 338,208 21,000 141,246 8,450 15,000 271,583 11,000 16,200 10,000 36,360 5,000 30,000 507,910 6,848 20,788
Security Bank Corp. Sempra Energy ServiceMaster Co. Sirius Satellite Radio Sonoco Products Sony Corp ADR New Com Southern Comm Cap II PFD 7.95% Southern Community Financial Southwest Bancorp, Inc. Starbucks Corp. Stericycle, Inc. Suntrust Banks, Inc. SVB Financial Group, Inc. Syniverse Holdings, Inc. Sysco Corporation Target Corporation TCF Financial Corp 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 77,509 4,405 338,208 21,000 141,246 8,450 15,000 271,583 11,000 16,200 10,000 36,360 5,000 30,000 507,910 6,848 20,788 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
15 Texas Instruments Thermogenesis Corp. Time Warner Toreador Res. Corp, Toyota Motor CP ADR Triad Guaranty Inc. Tribune Co Ultra Petroleum Corp. Unifirst Corporation - Mass United Health Group, Inc. United Parcel Service CL B Unumprovident Corp. US Bancorp Del Valero Energy Corp. Vanguard Emerging Market Vipers Vanguard Intl. Equity Index Fd. Verizon Communications common common common common common common common common common common common common common common common common common 882508104 883623209 887315109 891050106 892331307 895925105 896047107 903914109 904708104 91324P102 911312106 91529Y106 902973304 91913Y100 922042858 922042858 92343V104 $401,715 $1,878,283 $6,330,025 $407,100 $5,861,338 $14,689,145 $4,802,044 $2,280,888 $747,201 $5,088,629 $290,346 $205,000 $1,753,933 $565,300 $230,520 $279,506 $214,120 11,850 354,393 349,532 11,500 63,455 374,532 141,695 40,100 21,306 90,545 4,200 10,000 62,462 5,000 4,000 4,850 6,550 11,850 354,393 349,532 11,500 63,455 374,532 141,695 40,100 21,306 90,545 4,200 10,000 62,462 5,000 4,000 4,850 6,550
Texas Instruments Thermogenesis Corp. Time Warner Toreador Res. Corp, Toyota Motor CP ADR Triad Guaranty Inc. Tribune Co Ultra Petroleum Corp. Unifirst Corporation - Mass United Health Group, Inc. United Parcel Service CL B Unumprovident Corp. US Bancorp Del Valero Energy Corp. Vanguard Emerging Market Vipers Vanguard Intl. Equity Index Fd. Verizon Communications 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 11,850 354,393 349,532 11,500 63,455 374,532 141,695 40,100 21,306 90,545 4,200 10,000 62,462 5,000 4,000 4,850 6,550 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
16 VF Corporation Wachovia Corporation New Walgreen Company Wal-Mart Stores, Inc. Washington Mutual, Inc. Webzen, Inc. WellPoint, Inc. Wells Fargo & Co. Wyeth XTO Energy, Inc. Yum Brands, Inc. Zebra Technologies CL A common common common common common common common common common common common common 918204108 929903102 931422109 931142103 939322103 94846M102 94973V107 949746101 983024100 98385X106 988498101 989207105 $1,608,262 $6,487,992 $13,090,482 $8,658,832 $220,613 $236,640 $5,291,478 $593,431 $1,449,778 $6,331,748 $348,842 $564,616 27,743 136,331 301,277 197,600 5,625 48,000 69,790 10,132 31,333 139,712 7,206 14,444 27,743 136,331 301,277 197,600 5,625 48,000 69,790 10,132 31,333 139,712 7,206 14,444 Grand Total 09/30/05 611,044,367
VF Corporation Wachovia Corporation New Walgreen Company Wal-Mart Stores, Inc. Washington Mutual, Inc. Webzen, Inc. WellPoint, Inc. Wells Fargo & Co. Wyeth XTO Energy, Inc. Yum Brands, Inc. Zebra Technologies CL A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 27,743 136,331 301,277 197,600 5,625 48,000 69,790 10,132 31,333 139,712 7,206 14,444 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0