-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JODJ5+sQyPnLtWFbrNB7SU2NGTpGDcSdq0VQwikEcVjgYyX6iy/ayz3ceG+6/KWa WsGN6MDOSZbZRMo1MsbIHQ== 0000884423-06-000004.txt : 20060501 0000884423-06-000004.hdr.sgml : 20060501 20060501160744 ACCESSION NUMBER: 0000884423-06-000004 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20060331 FILED AS OF DATE: 20060501 DATE AS OF CHANGE: 20060501 EFFECTIVENESS DATE: 20060501 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SALEM INVESTMENT COUNSELORS INC CENTRAL INDEX KEY: 0000884423 IRS NUMBER: 561225913 STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-03405 FILM NUMBER: 06795141 BUSINESS ADDRESS: STREET 1: POP BOX 25427 CITY: WINSTON SALEM STATE: NC ZIP: 27114-5427 BUSINESS PHONE: 3367687230 MAIL ADDRESS: STREET 1: PO BOX 25427 CITY: WINSTON-SALEM STATE: NC ZIP: 27114-5427 13F-HR 1 dm03310613f_hrb.txt 13F FILING, 1ST QTR 2006 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: March 31, 2006 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 1st day of May, 2006 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: 221 FORM 13F INFORMATION TABLE VALUE TOTAL: $611,281,225 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 Abbott Labs Activision, Inc. Alcon, Inc. Alliance One International Alltell Corp. (AT) Altria Group, Inc. Ameren Corp. American Capital Strategies American Equity Invt. Life HL American Express Company American Intl. Group, Inc. Amgen Incorporated Anheuser Busch Company, Inc. Apache Corp. Apple Computer common common common common common common common common common common common common common common common common 88579Y101 2824100 4930202 H01301102 18772103 20039103 02209S103 23608102 24937104 25676206 25816109 26874107 31162100 35229103 37411105 37833100 $10,402,379 $892,040 $5,399,943 $281,502 $4,872,592 $323,232 $3,643,621 $308,884 $657,492 $286,800 $241,205 $2,861,102 $11,073,787 $479,452 $1,116,946 $368,041 137,434 21,004 391,584 2,700 1,002,591 4,992 51,420 6,200 18,700 20,000 4,590 43,291 152,217 11,210 17,050 5,868 137,434 21,004 391,584 2,700 1,002,591 4,992 51,420 6,200 18,700 20,000 4,590 43,291 152,217 11,210 17,050 5,868
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 Abbott Labs Activision, Inc. Alcon, Inc. Alliance One International Alltell Corp. (AT) Altria Group, Inc. Ameren Corp. American Capital Strategies American Equity Invt. Life HL American Express Company American Intl. Group, Inc. Amgen Incorporated Anheuser Busch Company, Inc. Apache Corp. Apple Computer 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 0 137,434 21,004 391,584 2,700 1,002,591 4,992 51,420 6,200 18,700 20,000 4,590 43,291 152,217 11,210 17,050 5,868 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 Arbor Realty Tr., Inc. Arch Coal, Inc. ATI Technologies Automatic Data Processing, Inc. Bank of America Corp. Bank of Carolinas; Mocksville NC Banner Corporation Barrick Gold Corp. BB&T Corporation Berkshire Hathaway, Inc. CL B Berkshire Hathaway, Inc. DEL CL A BHP Billiton Ltd. ADR Blackrock Broad Inv. 2009 Blackrock Core Bd. Trust Blackrock Incm. Opportunity TR Blackrock Income TR. Inc. Blackrock Insd Mun Term common common common common common common common common common common common common common common common common common 38923108 39380100 194103 53015103 60505104 06423T102 06652V109 67901108 54937107 84670207 84670108 88606108 09247Q106 09249E101 92475102 09247F100 92474105 $2,951,357 $531,580 $337,587 $6,425,120 $23,931,543 $3,940,677 $267,410 $217,920 $3,546,228 $14,629,284 $2,258,750 $2,306,319 $608,304 $452,330 $572,135 $1,047,039 $296,648 109,350 7,000 19,650 140,655 525,506 246,755 7,865 8,000 90,465 4,857 25 57,875 40,285 34,983 53,975 169,150 27,750 109,350 7,000 19,650 140,655 525,506 246,755 7,865 8,000 90,465 4,857 25 57,875 40,285 34,983 53,975 169,150 27,750
Arbor Realty Tr., Inc. Arch Coal, Inc. ATI Technologies Automatic Data Processing, Inc. Bank of America Corp. Bank of Carolinas; Mocksville NC Banner Corporation Barrick Gold Corp. BB&T Corporation Berkshire Hathaway, Inc. CL B Berkshire Hathaway, Inc. DEL CL A BHP Billiton Ltd. ADR Blackrock Broad Inv. 2009 Blackrock Core Bd. Trust Blackrock Incm. Opportunity TR Blackrock Income TR. Inc. Blackrock Insd Mun Term 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 0 109,350 7,000 19,650 140,655 525,506 246,755 7,865 8,000 90,465 4,857 25 57,875 40,285 34,983 53,975 169,150 27,750 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 Muni 2008 Blackrock Invt. Qlty Muni Blackrock Ltd. Duration Blackrock Mini Bond TR Blackrock Mun 2018 Fd. Blackrock Muni Target Term Blackrock N Y Insd 2008 Blackrock Pfd. Opportunity Tr Blackrock Strat. Muni Tr Blackrock Strategic Bond BNP Residential Property, Inc. BP Amoco PLC ADR Burlington Resources, Inc. Canadian Nat. Res. Ltd. Capital Bank Corp. Capital One Financial Corp. Cardinal Health Inc. common common common common common common common common common common common common common common common common common 09247K109 09247D105 09249W101 09249H104 09248C106 09247M105 09247L107 09249V103 09248T109 09249G106 5564T103 55622104 122014103 136385101 139793103 14040H105 14149Y108 $1,322,880 $867,255 $750,924 $238,008 $484,340 $1,268,000 $719,618 $2,463,310 $866,694 $348,125 $381,780 $1,505,787 $680,134 $1,174,268 $2,436,103 $15,656,084 $376,326 84,800 48,450 40,900 14,100 30,500 126,800 47,250 98,375 49,300 27,850 22,725 21,842 7,400 21,200 149,914 194,437 5,050 84,800 48,450 40,900 14,100 30,500 126,800 47,250 98,375 49,300 27,850 22,725 21,842 7,400 21,200 149,914 194,437 5,050
Blackrock Insd Muni 2008 Blackrock Invt. Qlty Muni Blackrock Ltd. Duration Blackrock Mini Bond TR Blackrock Mun 2018 Fd. Blackrock Muni Target Term Blackrock N Y Insd 2008 Blackrock Pfd. Opportunity Tr Blackrock Strat. Muni Tr Blackrock Strategic Bond BNP Residential Property, Inc. BP Amoco PLC ADR Burlington Resources, Inc. Canadian Nat. Res. Ltd. Capital Bank Corp. Capital One Financial Corp. Cardinal Health 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 0 0 84,800 48,450 40,900 14,100 30,500 126,800 47,250 98,375 49,300 27,850 22,725 21,842 7,400 21,200 149,914 194,437 5,050 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 Chevron Texaco Corporation Choicepoint, Inc. Cincinnati Financial Corp Cinergy Corp. Cisco Systems, Inc. Citigroup, Inc. Coca-Cola Corporation Coddle Creek Financial Inc Cold Spring Capital Inc. Colgate-Palmolive Co. Collagenex Pharmaceuticals, Inc. CommScope, Inc. Community Bancshares, Inc. SC ConocoPhillips Constellation Energy Group Cooperative Bankshares, Inc. Countrywide Financial common common common common common common common common common common common common common common common common common 166764100 170388102 172062101 172474108 17275R102 172967101 191216100 191891209 192865202 194162103 19419B100 203372107 20343F190 20825C104 210371100 216844100 222372104 $820,044 $1,342,500 $638,286 $838,950 $6,737,723 $11,686,206 $1,180,985 $945,200 $351,000 $5,624,350 $1,110,000 $769,423 $1,303,856 $650,625 $268,079 $465,800 $1,810,228 14,146 30,000 15,172 18,475 310,924 247,432 28,206 27,200 65,000 98,500 75,000 26,950 81,491 10,303 4,900 20,000 49,325 14,146 30,000 15,172 18,475 310,924 247,432 28,206 27,200 65,000 98,500 75,000 26,950 81,491 10,303 4,900 20,000 49,325
Chevron Texaco Corporation Choicepoint, Inc. Cincinnati Financial Corp Cinergy Corp. Cisco Systems, Inc. Citigroup, Inc. Coca-Cola Corporation Coddle Creek Financial Inc Cold Spring Capital Inc. Colgate-Palmolive Co. Collagenex Pharmaceuticals, Inc. CommScope, Inc. Community Bancshares, Inc. SC ConocoPhillips Constellation Energy Group Cooperative Bankshares, Inc. Countrywide Financial 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 14,146 30,000 15,172 18,475 310,924 247,432 28,206 27,200 65,000 98,500 75,000 26,950 81,491 10,303 4,900 20,000 49,325 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 CT Communications, Inc. CVS Corp. D. R. Horton Company Dell, Inc. Dentsply Intl. Inc. New Devon Energy Corp. Digirad Corp. Disney, Walt Company Dominion Resources Inc. - VA Duke Energy Corporation Eaton Corp Ebay, Inc. EMC Corp. MASS Emerson Electric Encana Corp. Exactech, Inc. Exxon Mobile Corporation common common common common common common common common common common common common common common common common common 126426402 126650100 23331A109 24702R101 249030107 25179M103 253827109 254687106 25746U109 264399106 278058102 278642103 268648102 291011104 292505104 30064 109 302290101 $190,124 $616,816 $7,460,955 $3,453,202 $348,900 $9,248,904 $94,331 $4,550,281 $205,364 $1,396,372 $339,165 $2,836,275 $167,635 $575,709 $317,764 $559,200 $3,846,048 13,990 20,650 224592 116,035 6,000 151,200 22,040 163,151 2,975 47,903 4,648 72,725 12,299 6,884 6,800 40,000 63,195 13,990 20,650 224592 116,035 6,000 151,200 22,040 163,151 2,975 47,903 4,648 72,725 12,299 6,884 6,800 40,000 63,195
CT Communications, Inc. CVS Corp. D. R. Horton Company Dell, Inc. Dentsply Intl. Inc. New Devon Energy Corp. Digirad Corp. Disney, Walt Company Dominion Resources Inc. - VA Duke Energy Corporation Eaton Corp Ebay, Inc. EMC Corp. MASS Emerson Electric Encana Corp. Exactech, Inc. Exxon Mobile 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 13,990 20,650 224592 116,035 6,000 151,200 22,040 163,151 2,975 47,903 4,648 72,725 12,299 6,884 6,800 40,000 63,195 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 F N B Financial Services Corp. Falconstor Software, Inc. Fedex Corporation Fidelity National Info. Services First Data Corporation First INDL RLTY TR, Inc. Forest Oil Corp. FX Energy, Inc. Genentech, Inc. New General Dynamics Corp. General Electric Company Given Imaging Glaxo Smith Kline PLC Golden West Financial Google, Inc. CL A Guidant Corporation Harbor Fund Intl. Fund common common common common common common common common common common common common common common common common common 302526108 306137100 31428X106 31620M106 319963104 32054K103 346091705 302695101 368710406 369550108 369604103 M52020100 37733W105 381317106 38259P508 401698105 411511306 $403,256 $11,354,052 $225,880 $977,255 $3,284,423 $1,220,934 $1,419,347 $5,410,524 $845,100 $268,716 $18,579,315 $5,644,647 $414,348 $203,700 $468,000 $236,912 $232,871 25,125 1,201,487 2,000 24,100 70,150 28,600 38,175 1,034,517 10,000 4,200 534,195 244,357 7,921 3,000 1,200 3,035 4,169 25,125 1,201,487 2,000 24,100 70,150 28,600 38,175 1,034,517 10,000 4,200 534,195 244,357 7,921 3,000 1,200 3,035 4,169
F N B Financial Services Corp. Falconstor Software, Inc. Fedex Corporation Fidelity National Info. Services First Data Corporation First INDL RLTY TR, Inc. Forest Oil Corp. FX Energy, Inc. Genentech, Inc. New General Dynamics Corp. General Electric Company Given Imaging Glaxo Smith Kline PLC Golden West Financial Google, Inc. CL A Guidant Corporation Harbor Fund Intl. Fund 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 25,125 1,201,487 2,000 24,100 70,150 28,600 38,175 1,034,517 10,000 4,200 534,195 244,357 7,921 3,000 1,200 3,035 4,169 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 Hewlet-Packard Company Highland Hospitality Corp. Highwood Properties, Inc. REIT Home Depot, Inc. Houston Exploration Co. Hubbell Inc. Class B Hudson City Bancorp, Inc. Huntsman Corporation Intel Corp International Business Machines Ishares Dow Jones US Utilities Ishares FTSE XINHUA Ishares Lehman Treasury Ishares MSCI Eafe Index Ishares MSCI Emerging Ishares MSCI EMU Index Fund Ishares MSCI Hong Kong common common common common common common common common common common common common common common common common common 428236103 430141101 431284108 437076102 442120101 443510201 443683107 447011107 458140100 459200101 464287697 464287184 464287176 464287465 464287234 464286608 464286871 $708,008 $254,200 $3,724,804 $329,729 $848,470 $622,553 $8,489,865 $1,295,030 $8,044,305 $930,262 $226,890 $3,881,501 $342,210 $3,127,521 $6,162,255 $392,175 $188,860 21,520 20,000 110,430 7,795 16,100 12,145 638,816 67,100 413,376 11,280 3,000 52,255 3,400 48,175 62,245 4,500 14,000 21,520 20,000 110,430 7,795 16,100 12,145 638,816 67,100 413,376 11,280 3,000 52,255 3,400 48,175 62,245 4,500 14,000
Hewlet-Packard Company Highland Hospitality Corp. Highwood Properties, Inc. REIT Home Depot, Inc. Houston Exploration Co. Hubbell Inc. Class B Hudson City Bancorp, Inc. Huntsman Corporation Intel Corp International Business Machines Ishares Dow Jones US Utilities Ishares FTSE XINHUA Ishares Lehman Treasury Ishares MSCI Eafe Index Ishares MSCI Emerging Ishares MSCI EMU Index Fund Ishares MSCI Hong Kong 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 21,520 20,000 110,430 7,795 16,100 12,145 638,816 67,100 413,376 11,280 3,000 52,255 3,400 48,175 62,245 4,500 14,000 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 Ishares MSCI Japan Index Ishares MSCI Pacific Ex-Jap Indx Fd Ishares NASDAQ Biotech Indx Fund Ishares S&P GLB ERG Sect Ishares S&P GLB Health Care Ishares TR Russell Midcap Indx Fnd Jefferson Pilot Corp Johnson & Johnson Kellogg Company Kinetic Concepts, Inc. L-3 Communications Holdings, Inc. Leggett & Platt, Inc. Level 3 Communications, Inc. Lilly, Eli & Co. Linear Technology Corp. Linn Energy Lowes Companies Inc. common common common common common common common common common common common common common common common common common 464286848 464286665 464287556 464287341 464287325 464287499 475070108 478160104 487836108 49460W208 502424104 524660107 52729N100 532457108 535678106 536020100 548661107 $2,180,160 $482,770 $576,660 $783,500 $361,867 $253,716 $294,188 $15,075,134 $4,605,923 $5,738,069 $9,042,464 $1,646,632 $124,320 $329,035 $250,822 $1,081,200 $19,130,832 151,400 4,600 7,000 7,701 6,700 2,680 5,259 254,562 104,585 139,375 105,402 67,568 24,000 5,950 7,150 53,000 296,878 151,400 4,600 7,000 7,701 6,700 2,680 5,259 254,562 104,585 139,375 105,402 67,568 24,000 5,950 7,150 53,000 296,878
Ishares MSCI Japan Index Ishares MSCI Pacific Ex-Jap Indx Fd Ishares NASDAQ Biotech Indx Fund Ishares S&P GLB ERG Sect Ishares S&P GLB Health Care Ishares TR Russell Midcap Indx Fnd Jefferson Pilot Corp Johnson & Johnson Kellogg Company Kinetic Concepts, Inc. L-3 Communications Holdings, Inc. Leggett & Platt, Inc. Level 3 Communications, Inc. Lilly, Eli & Co. Linear Technology Corp. Linn Energy Lowes Companies 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 0 0 151,400 4,600 7,000 7,701 6,700 2,680 5,259 254,562 104,585 139,375 105,402 67,568 24,000 5,950 7,150 53,000 296,878 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 Max Re Capital Ltd. McDonalds Corporation Medtronic, Inc. Merck & Co. Merrill Lynch & Co., Inc. Methode Electronics, Inc. Class A Mettler-Toledo International, Inc. Microsoft Corporation Nabors Industries Ltd. Nokia Corp. NovaGold Resources, Inc. Novogen Limited Sponsored ADR Nuveen Conn Prem. Inc. Muni. Fund Nuveen CT Div Ad Muni Fd Ct Fd 2 Nuveen CT Div Ad Muni Fd Conn Nuveen Divid Ad Mun Fd. 2 Nuveen Muni Advantage Fund common common common common common common common common common common common common common common common common common G6052F103 580135101 585055106 589331107 590188108 591520200 592688105 594918104 G6359F103 654902204 66987 E206 67010F103 67060D107 67071R103 67069T103 67070F100 67062H106 $1,818,915 $1,855,577 $3,869,535 $3,148,082 $288,025 $196,020 $549,094 $17,061,517 $300,636 $7,134,497 $21,156,993 $1,696,935 $180,960 $260,832 $276,315 $207,750 $309,200 76,425 54,004 76,247 89,358 3,657 18,000 9,100 627,031 4,200 344,329 1,382,810 120,350 12,000 15,600 19,500 12,500 20,000 76,425 54,004 76,247 89,358 3,657 18,000 9,100 627,031 4,200 344,329 1,382,810 120,350 12,000 15,600 19,500 12,500 20,000
Max Re Capital Ltd. McDonalds Corporation Medtronic, Inc. Merck & Co. Merrill Lynch & Co., Inc. Methode Electronics, Inc. Class A Mettler-Toledo International, Inc. Microsoft Corporation Nabors Industries Ltd. Nokia Corp. NovaGold Resources, Inc. Novogen Limited Sponsored ADR Nuveen Conn Prem. Inc. Muni. Fund Nuveen CT Div Ad Muni Fd Ct Fd 2 Nuveen CT Div Ad Muni Fd Conn Nuveen Divid Ad Mun Fd. 2 Nuveen Muni Advantage Fund 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 76,425 54,004 76,247 89,358 3,657 18,000 9,100 627,031 4,200 344,329 1,382,810 120,350 12,000 15,600 19,500 12,500 20,000 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 Nuveen NC Div AD Muni Fund NC Nuveen NC Div AD Muni Fund NC Nuveen Quality Pfd Incm Fd Nuveen Real Estate Inc. Fund Nuveen Select Tax Free Inc Portfolio 3 Oil Service Holders Dep. RCPT Old Dominion Freight Lines Old Rep. Intl. Corp. 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. common common common common common common common common common common common common common common common common common 67072D103 67071D104 67071S101 67071B108 67063X100 678002106 679580100 680223104 713448108 71646E 100 716495106 717081103 69331C108 723787107 731068102 742718109 743263105 $844,761 $690,809 $471,795 $938,645 $147,950 $1,226,891 $212,231 $745,611 $20,474,419 $3,263,945 $3,964,575 $9,633,966 $252,850 $804,244 $654,720 $13,416,627 $274,259 57,900 44,425 35,500 41,350 11,000 8,357 7,875 34,171 354,290 31,100 289,385 386,596 6,500 18,175 12,000 232,806 6,236 57,900 44,425 35,500 41,350 11,000 8,357 7,875 34,171 354,290 31,100 289,385 386,596 6,500 18,175 12,000 232,806 6,236
Nuveen NC Div AD Muni Fund NC Nuveen NC Div AD Muni Fund NC Nuveen Quality Pfd Incm Fd Nuveen Real Estate Inc. Fund Nuveen Select Tax Free Inc Portfolio 3 Oil Service Holders Dep. RCPT Old Dominion Freight Lines Old Rep. Intl. Corp. 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. 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 57,900 44,425 35,500 41,350 11,000 8,357 7,875 34,171 354,290 31,100 289,385 386,596 6,500 18,175 12,000 232,806 6,236 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 Provident Bankshares Corp Regions Financial Corp. Republic Property Trust Republic Services, Inc. Sara Lee Corporation Security Bank Corp. ServiceMaster Co. Shellbridge Oil & Gas Sirius Satellite Radio Sonoco Products Southcoast Financial Corp. Southern Community Financial Sprint Nextel Corp. Staples, Inc. Starbucks Corp. Stericycle, Inc. Suncor Energy, Inc. common common common common common common common common common common common common common common common common common 743859100 758940100 760737106 760759100 803111103 814047106 81760N109 822729109 82966U103 835495102 84129R100 842632101 852061100 855030102 855244109 858912108 867229106 $1,205,474 $315,194 $2,112,715 $255,060 $224,251 $1,698,624 $4,217,857 $98,620 $106,470 $4,345,521 $1,262,500 $2,550,988 $347,445 $206,712 $1,219,212 $676,200 $450,182 33,072 8,962 179,500 6,000 12,542 67,219 321,483 58,400 21,000 128,300 50,000 277,583 13,446 8,100 32,400 10,000 5,845 33,072 8,962 179,500 6,000 12,542 67,219 321,483 58,400 21,000 128,300 50,000 277,583 13,446 8,100 32,400 10,000 5,845
Provident Bankshares Corp Regions Financial Corp. Republic Property Trust Republic Services, Inc. Sara Lee Corporation Security Bank Corp. ServiceMaster Co. Shellbridge Oil & Gas Sirius Satellite Radio Sonoco Products Southcoast Financial Corp. Southern Community Financial Sprint Nextel Corp. Staples, Inc. Starbucks Corp. Stericycle, Inc. Suncor Energy, 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 0 0 33,072 8,962 179,500 6,000 12,542 67,219 321,483 58,400 21,000 128,300 50,000 277,583 13,446 8,100 32,400 10,000 5,845 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 Suntrust Banks, Inc. SVB Financial Group, Inc. Sysco Corporation Target Corporation TCF Financial Corp Texas Instruments Thermogenesis Corp. Time Warner Toreador Res. Corp, Tortoise North American Energy Toyota Motor CP ADR Triad Guaranty Inc. Tribune Co TriStone Community Bank Ultra Petroleum Corp. Unifirst Corporation - Mass United Health Group, Inc. common common common common common common common common common common common common common common common common common 867914103 78486Q101 871829107 87612E106 872275102 882508104 883623209 887315109 891050106 89147T103 892331307 895925105 896047107 89676R106 903914109 904708104 91324P102 $2,530,156 $265,250 $15,586,492 $356,164 $519,841 $366,911 $1,488,853 $6,609,837 $357,765 $363,630 $6,357,582 $15,548,054 $332,781 $1,118,480 $1,627,849 $647,989 $4,892,498 34,774 5,000 486,318 6,848 20,188 11,300 367,618 393,677 11,500 17,000 58,380 331,515 12,132 90,200 26,125 19,506 87,585 34,774 5,000 486,318 6,848 20,188 11,300 367,618 393,677 11,500 17,000 58,380 331,515 12,132 90,200 26,125 19,506 87,585
Suntrust Banks, Inc. SVB Financial Group, Inc. Sysco Corporation Target Corporation TCF Financial Corp Texas Instruments Thermogenesis Corp. Time Warner Toreador Res. Corp, Tortoise North American Energy Toyota Motor CP ADR Triad Guaranty Inc. Tribune Co TriStone Community Bank Ultra Petroleum Corp. Unifirst Corporation - Mass United Health Group, 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 0 0 34,774 5,000 486,318 6,848 20,188 11,300 367,618 393,677 11,500 17,000 58,380 331,515 12,132 90,200 26,125 19,506 87,585 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 United Parcel Service CL B Unumprovident Corp. US Bancorp Del Valero Energy Corp. Vanguard Growth Vipers Vanguard Intl. Equity Indx Fd VWO Verizon Communications 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. common common common common common common common common common common common common common common common common common 911312106 91529Y106 902973304 91913Y100 922908736 922042866 92343V104 918204108 929903102 931422109 931142103 939322103 94846M102 94973V107 949746101 983024100 98385X106 $333,396 $204,800 $1,479,433 $597,800 $468,945 $649,252 $223,093 $1,567,197 $7,606,602 $11,669,120 $8,612,939 $235,476 $205,770 $6,225,682 $634,357 $1,413,533 $5,682,835 4,200 10,000 48,506 10,000 8,500 9,650 6,550 27,543 135,711 270,557 182,323 5,525 28,500 80,404 9,932 29,133 130,430 4,200 10,000 48,506 10,000 8,500 9,650 6,550 27,543 135,711 270,557 182,323 5,525 28,500 80,404 9,932 29,133 130,430
United Parcel Service CL B Unumprovident Corp. US Bancorp Del Valero Energy Corp. Vanguard Growth Vipers Vanguard Intl. Equity Indx Fd VWO Verizon Communications 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. 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 4,200 10,000 48,506 10,000 8,500 9,650 6,550 27,543 135,711 270,557 182,323 5,525 28,500 80,404 9,932 29,133 130,430 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 Yum Brands, Inc. common 988498101 $344,268 7,046 7,046 Grand Total 03/31/06 $611,281,225
Yum Brands, Inc. 0 0 7,046 0 0
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