Baker Ellis Asset Management

Baker Ellis Asset Management as of Dec. 31, 2012

Portfolio Holdings for Baker Ellis Asset Management

Baker Ellis Asset Management holds 219 positions in its portfolio as reported in the December 2012 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Vanguard High Dividend Yield ETF (VYM) 15.4 $9.7B 197k 49379.89
Vanguard Total Stock Market ETF (VTI) 14.3 $9.0B 123k 73280.00
Vanguard Energy ETF (VDE) 12.0 $7.6B 74k 102259.88
Vanguard Information Technology ETF (VGT) 6.7 $4.2B 61k 69110.49
Union Pacific Corporation (UNP) 6.0 $3.8B 30k 125719.10
U.S. Bancorp (USB) 4.8 $3.1B 96k 31940.06
Vodafone Group Plc-sp 4.3 $2.7B 109k 25189.96
Vanguard Utilities ETF (VPU) 3.5 $2.2B 29k 75300.40
Vanguard Extended Market ETF (VXF) 3.3 $2.1B 34k 60500.32
United Technologies Corporation 2.6 $1.6B 20k 82009.86
Wal-Mart Stores (WMT) 2.5 $1.6B 24k 68229.70
Verizon Communications (VZ) 2.1 $1.3B 30k 43269.86
Urstadt Biddle Properties 2.1 $1.3B 67k 19679.86
WisdomTree Emerging Mkts Small Cp Div (DGS) 2.1 $1.3B 27k 49439.17
Vanguard Total World Stock Idx (VT) 1.9 $1.2B 25k 49420.00
Urstadt Biddle Properties 1.9 $1.2B 65k 18200.09
Yahoo! 1.6 $1.0B 51k 19900.00
United Parcel Service (UPS) 1.5 $938M 13k 73728.90
Vectren Corporation 1.3 $843M 29k 29399.80
Yum! Brands (YUM) 0.9 $603M 9.1k 66399.98
Waste Management (WM) 0.9 $592M 18k 33740.87
Walt Disney Company (DIS) 0.9 $573M 12k 49790.00
URS Corporation 0.9 $557M 14k 39259.99
Xylem (XYL) 0.8 $497M 18k 27099.98
Wells Fargo & Company (WFC) 0.6 $361M 11k 34180.02
Vanguard Short-Term Bond ETF (BSV) 0.6 $358M 4.4k 80990.05
Whirlpool Corporation (WHR) 0.5 $326M 3.2k 101750.00
Urstadt Biddle Pptysinc Sr P 0.5 $299M 2.9k 103010.00
Urstadt Biddle Properties Inc. 7.5% Pfd p 0.5 $293M 12k 25360.03
V.F. Corporation (VFC) 0.4 $257M 1.7k 150970.00
Washington Real Estate Investment Trust (ELME) 0.4 $246M 9.4k 26150.05
Vanguard FTSE All-World ex-US ETF (VEU) 0.3 $209M 4.6k 45746.32
Vanguard Health Care ETF (VHT) 0.3 $202M 2.8k 71670.22
Urstadt Biddle Pptys Inc Pfd S preferred 0.3 $195M 7.5k 25958.00
Whitestone REIT (WSR) 0.3 $190M 14k 14050.21
Vanguard Small-Cap Value ETF (VBR) 0.3 $167M 2.3k 72650.00
UnitedHealth (UNH) 0.2 $136M 2.5k 54240.00
Visa (V) 0.2 $106M 698.00 151580.23
Vanguard European ETF (VGK) 0.2 $103M 2.1k 48840.00
Syngenta 0.0 $4.7M 58k 80.80
SPDR Gold Trust (GLD) 0.0 $3.9M 24k 162.02
Rayonier (RYN) 0.0 $3.8M 73k 51.83
BP (BP) 0.0 $0 11k 0.00
Hasbro (HAS) 0.0 $174.509900 4.9k 0.04
Comcast Corporation (CMCSA) 0.0 $0 17k 0.00
Petroleo Brasileiro SA (PBR) 0.0 $185k 9.5k 19.47
Fomento Economico Mexicano SAB (FMX) 0.0 $3.5k 35k 0.10
Petroleo Brasileiro SA (PBR.A) 0.0 $156k 8.1k 19.31
Portland General Electric Company (POR) 0.0 $306k 11k 27.36
Microsoft Corporation (MSFT) 0.0 $1.9k 71k 0.03
Northeast Utilities System 0.0 $1.1M 28k 39.08
Seacor Holdings 0.0 $1.0M 12k 83.80
Annaly Capital Management 0.0 $0 15k 0.00
Broadridge Financial Solutions (BR) 0.0 $0 6.5k 0.00
JPMorgan Chase & Co. (JPM) 0.0 $323.840000 7.4k 0.04
American Express Company (AXP) 0.0 $1.380000 14k 0.00
Bank of America Corporation (BAC) 0.0 $0 12k 0.00
Bank of New York Mellon Corporation (BK) 0.0 $0 31k 0.00
Berkshire Hathaway (BRK.B) 0.0 $4.937600 49k 0.00
Canadian Natl Ry (CNI) 0.0 $0.276600 2.8k 0.00
Caterpillar (CAT) 0.0 $0.301400 3.0k 0.00
Coca-Cola Company (KO) 0.0 $0 26k 0.00
Costco Wholesale Corporation (COST) 0.0 $0.609200 6.1k 0.00
Exxon Mobil Corporation (XOM) 0.0 $1.846700 19k 0.00
FedEx Corporation (FDX) 0.0 $0.360200 3.6k 0.00
Republic Services (RSG) 0.0 $1.1M 38k 29.33
Home Depot (HD) 0.0 $557.533300 9.0k 0.06
Abbott Laboratories (ABT) 0.0 $4.089000 41k 0.00
Baxter International (BAX) 0.0 $0.180000 1.8k 0.00
Johnson & Johnson (JNJ) 0.0 $1.5k 22k 0.07
Pfizer (PFE) 0.0 $1.0M 41k 25.08
Archer Daniels Midland Company (ADM) 0.0 $0 5.6k 0.00
Norfolk Southern (NSC) 0.0 $122k 2.0k 61.84
Hospira 0.0 $112.320000 3.6k 0.03
Chevron Corporation (CVX) 0.0 $1.625100 16k 0.00
Dominion Resources (D) 0.0 $1.166200 12k 0.00
Duke Energy Corp 0.0 $0.281400 2.8k 0.00
Spdr S&p 500 Etf (SPY) 0.0 $258k 1.8k 142.41
General Electric Company 0.0 $309.750000 15k 0.02
Bristol Myers Squibb (BMY) 0.0 $0 28k 0.00
3M Company (MMM) 0.0 $0.317500 3.2k 0.00
At&t (T) 0.0 $0 9.1k 0.00
Genuine Parts Company (GPC) 0.0 $1.1k 18k 0.06
Kimberly-Clark Corporation (KMB) 0.0 $1.4k 16k 0.08
Northrop Grumman Corporation (NOC) 0.0 $2.0M 29k 67.58
Sonoco Products Company (SON) 0.0 $1.0M 35k 29.73
Travelers Companies (TRV) 0.0 $161k 2.2k 71.82
Molson Coors Brewing Company (TAP) 0.0 $608.872800 14k 0.04
Automatic Data Processing (ADP) 0.0 $1.870000 19k 0.00
Boeing Company (BA) 0.0 $0.308700 3.1k 0.00
Intel Corporation (INTC) 0.0 $2.1k 100k 0.02
Timken Company (TKR) 0.0 $292k 6.1k 47.83
International Paper Company (IP) 0.0 $2.9k 73k 0.04
Anheuser-busch Cos 0.0 $0.115000 1.2k 0.00
Mine Safety Appliances 0.0 $309.575000 7.3k 0.04
E.I. du Pont de Nemours & Company 0.0 $0 32k 0.00
AmerisourceBergen (COR) 0.0 $0 58k 0.00
Fresh Del Monte Produce (FDP) 0.0 $2.0k 74k 0.03
MDU Resources (MDU) 0.0 $355.630000 17k 0.02
Raytheon Company 0.0 $398k 6.9k 57.56
Campbell Soup Company (CPB) 0.0 $0 5.2k 0.00
Kroger (KR) 0.0 $4.1k 157k 0.03
Aetna 0.0 $0 4.7k 0.00
Helmerich & Payne (HP) 0.0 $476.000000 8.5k 0.06
Novartis (NVS) 0.0 $3.2M 50k 63.30
Amgen (AMGN) 0.0 $0.120000 1.2k 0.00
Anadarko Petroleum Corporation 0.0 $0.382500 3.8k 0.00
Apple (AAPL) 0.0 $0.104000 208.00 0.00
Berkshire Hathaway (BRK.A) 0.0 $1.877400 14.00 0.13
Cenovus Energy (CVE) 0.0 $0 17k 0.00
Deere & Company (DE) 0.0 $0.725600 7.3k 0.00
Diageo (DEO) 0.0 $0.128500 1.3k 0.00
General Mills (GIS) 0.0 $5.8k 143k 0.04
GlaxoSmithKline 0.0 $130.500000 3.0k 0.04
Honda Motor (HMC) 0.0 $865.784700 24k 0.04
Honeywell International (HON) 0.0 $447.675000 7.1k 0.06
International Business Machines (IBM) 0.0 $585.798500 3.1k 0.19
Liberty Global 0.0 $296.100000 4.7k 0.06
Macy's (M) 0.0 $117.000000 3.0k 0.04
Merck & Co (MRK) 0.0 $1.2k 30k 0.04
NCR Corporation (VYX) 0.0 $129k 5.1k 25.48
Nike (NKE) 0.0 $1.0M 20k 51.60
Pepsi (PEP) 0.0 $2.7M 39k 68.43
Philip Morris International (PM) 0.0 $135k 1.6k 83.64
Procter & Gamble Company (PG) 0.0 $754k 11k 67.89
Royal Dutch Shell 0.0 $135k 2.0k 68.95
Royal Dutch Shell 0.0 $1.2M 17k 70.89
Schlumberger (SLB) 0.0 $189k 2.7k 69.30
Stryker Corporation (SYK) 0.0 $1.2M 22k 54.82
Texas Instruments Incorporated (TXN) 0.0 $185k 6.0k 30.89
Encana Corp 0.0 $0 16k 0.00
Statoil ASA 0.0 $187k 7.5k 25.04
Canadian Pacific Railway 0.0 $0.160400 1.6k 0.00
Imperial Oil (IMO) 0.0 $1.7k 40k 0.04
Southern Company (SO) 0.0 $300k 7.0k 42.81
Starbucks Corporation (SBUX) 0.0 $638k 12k 53.63
Accenture (ACN) 0.0 $0.229600 2.3k 0.00
Investors Title Company (ITIC) 0.0 $612.000000 10k 0.06
News Corporation 0.0 $611k 23k 26.24
Clorox Company (CLX) 0.0 $0.945100 9.5k 0.00
Nicor 0.0 $0 19k 0.00
Philip Morris Cos. 0.0 $0 3.3k 0.00
Hershey Company (HSY) 0.0 $216.600000 3.0k 0.07
Kellogg Company (K) 0.0 $245.520000 4.4k 0.06
Coca-Cola Bottling Co. Consolidated (COKE) 0.0 $0.322500 3.2k 0.00
Google 0.0 $176.850000 250.00 0.71
PPL Corporation (PPL) 0.0 $1.1M 37k 28.63
Paccar (PCAR) 0.0 $136k 3.0k 45.21
Precision Castparts 0.0 $334k 1.8k 189.42
J.M. Smucker Company (SJM) 0.0 $1.6k 19k 0.09
Marathon Oil Corporation (MRO) 0.0 $414.450000 14k 0.03
New York Times Company (NYT) 0.0 $349k 41k 8.53
H.J. Heinz Company 0.0 $2.0k 35k 0.06
Enbridge (ENB) 0.0 $0 4.2k 0.00
Ingram Micro 0.0 $297.440000 18k 0.02
Northwest Pipe Company (NWPX) 0.0 $394k 17k 23.86
NTT DoCoMo 0.0 $107k 7.4k 14.41
Quest Diagnostics Incorporated (DGX) 0.0 $108k 1.9k 58.27
Forestar 0.0 $256.040000 15k 0.02
Ingersoll-rand Co Ltd-cl A 0.0 $247.200000 5.2k 0.05
ITT Corporation 0.0 $1.1k 46k 0.02
John Bean Technologies Corporation (JBT) 0.0 $1.3k 72k 0.02
Pepco Holdings 0.0 $185k 9.4k 19.61
SCANA Corporation 0.0 $652k 14k 45.64
UGI Corporation (UGI) 0.0 $1.1M 34k 32.71
Marten Transport (MRTN) 0.0 $264.463200 14k 0.02
Unilever (UL) 0.0 $660k 17k 38.72
Bk Nova Cad (BNS) 0.0 $2.040800 20k 0.00
Ingles Markets, Incorporated (IMKTA) 0.0 $1.1k 62k 0.02
Marcus Corporation (MCS) 0.0 $297.500000 24k 0.01
Nash-Finch Company 0.0 $449k 21k 21.28
NBT Ban (NBTB) 0.0 $284k 14k 20.27
Northwest Natural Gas 0.0 $502k 11k 44.20
Seaboard Corporation (SEB) 0.0 $349k 138.00 2529.88
TrustCo Bank Corp NY 0.0 $132k 25k 5.28
Potlatch Corporation (PCH) 0.0 $389k 9.9k 39.15
HCP 0.0 $178.404400 3.9k 0.05
Tor Dom Bk Cad (TD) 0.0 $103k 1.2k 84.33
Carriage Services (CSV) 0.0 $0 20k 0.00
iShares Dow Jones US Oil Equip. (IEZ) 0.0 $395.250000 7.8k 0.05
iShares MSCI Hong Kong Index Fund (EWH) 0.0 $398.534200 21k 0.02
National Health Investors (NHI) 0.0 $113k 2.0k 56.53
St Mary Land & Expl Co Com Stk 0.0 $154k 3.0k 52.21
Apollo Commercial Real Est. Finance (ARI) 0.0 $0 37k 0.00
Central Fd Cda Ltd cl a 0.0 $0 23k 0.00
Einstein Noah Restaurant 0.0 $0 31k 0.00
Hawkins (HWKN) 0.0 $187.210000 4.9k 0.04
Market Vectors Gold Miners ETF 0.0 $664.680000 14k 0.05
Multi-Color Corporation 0.0 $548k 23k 23.99
Rush Enterprises (RUSHB) 0.0 $246k 14k 17.28
Ball Corporation (BALL) 0.0 $0 38k 0.00
Oneok (OKE) 0.0 $205k 4.8k 42.75
iShares MSCI South Korea Index Fund (EWY) 0.0 $364.038300 5.8k 0.06
iShares MSCI Taiwan Index 0.0 $242.773600 18k 0.01
Phillips Petroleum 0.0 $0.264000 2.6k 0.00
Hubbell Incorporated 0.0 $310.800000 4.0k 0.08
Mfri 0.0 $297.927600 52k 0.01
Cooper Cameron Corp 0.0 $0.618600 6.2k 0.00
PowerShares FTSE RAFI US 1000 0.0 $1.4M 22k 62.43
Aberdeen Asia-Pacific Income Fund (FAX) 0.0 $0 76k 0.00
General Motors Company (GM) 0.0 $643.248000 22k 0.03
iShares MSCI Singapore Index Fund 0.0 $5.9k 433k 0.01
General American Investors (GAM) 0.0 $139.000000 5.0k 0.03
iShares MSCI Germany Index Fund (EWG) 0.0 $225.659200 9.1k 0.02
CurrencyShares Canadian Dollar Trust 0.0 $0.220000 2.2k 0.00
iShares MSCI Switzerland Index Fund (EWL) 0.0 $115.240000 4.3k 0.03
iShares S&P Global Telecommunicat. (IXP) 0.0 $1.9k 33k 0.06
PIMCO Enhanced Short Mat Str Fund ETF (MINT) 0.0 $2.0M 20k 101.48
PowerShares Hgh Yield Corporate Bnd 0.0 $376k 20k 19.25
Fiserv 0.0 $0.211500 2.1k 0.00
Marathon Petroleum Corp (MPC) 0.0 $535.500000 8.5k 0.06
Pebblebrook Hotel Trust 0.0 $383k 15k 25.95
Exelis 0.0 $0 26k 0.00
Ensco Plc Shs Class A 0.0 $3.602200 36k 0.00
Matson (MATX) 0.0 $772.517200 31k 0.02
Annaly Cap Mgmt Inc 7.625% 12/ preferred 0.0 $0 4.1k 0.00
Alexander & Baldwin (ALEX) 0.0 $0 19k 0.00
Mondelez Int (MDLZ) 0.0 $277k 11k 25.45
Kraft Foods 0.0 $150.104500 3.3k 0.05