Blackhill Capital as of Dec. 31, 2011
Portfolio Holdings for Blackhill Capital
Blackhill Capital holds 0 positions in its portfolio as reported in the December 2011 quarterly 13F filing
{C} {C} {C} {C} {C} {C}
Market Value Other Voting
Issuer Class CUSIP
x 1000 DiscretioQuantity ManagersAuthority
3M CO COM COMMON 88579Y101
33.83622Sole 414None Sole
ABBOTT LABS COM COMMON 002824100
11734.35755Sole 208685None Sole
ALEXION PHARMACEUTICALS INC COMMON 015351109
5.291Sole 74None Sole
ALTRIA GROUP INC COM COMMON 00209S103
80.055Sole 2700None Sole
AMAZON COM INC COMMON 023135106
8.4819Sole 49None Sole
AMERICAN STS WTR CO COM COMMON 29899101
188.46Sole 5400None Sole
AMERICAN WTR WKS CO INC NEW COM COMMON 030420103
191.16Sole 6000None Sole
APACHE CORP COMMON 037411105
45.29Sole 500None Sole
APPLE INC COM COMMON 29250X103
3733.29Sole 9218None Sole
AQUA AMER INC COM COMMON 03836W103
459.36696Sole 20832None Sole
AT^T INC COM COMMON 00206R102
11.1888Sole 370None Sole
BAXTER INTL INC COM COMMON 071813109
3117.24Sole 63000None Sole
BEAM INC COM COMMON 073730103
409.84Sole 8000None Sole
BERKSHIRE HATHAWAY INC DEL CL A COMMON 084670108
688.53Sole 6None Sole
BERKSHIRE HATHAWAY INC DEL CL B NEW COMMON 084670207
1598.485Sole 20950None Sole
BIOGEN IDEC INC COM COMMON 09062X103
2.201Sole 20None Sole
BOARDWALK PIPELINE PARTNERS LP COM UNIT LT COMMON 096627104
1483.112Sole 53600None Sole
BOEING CO COM COMMON 097023105
16.8705Sole 230None Sole
BRISTOL MYERS SQUIBB CO COM COMMON 110122108
10092.10168Sole 286382None Sole
BUCKEYE PARTNERS L P UNIT LTD PARTNERSHIP COMMON 118230101
3158.6926Sole 49370None Sole
CALIFORNIA WTR SVC GROUP INC COMMON 13078102
138.776Sole 7600None Sole
CATERPILLAR INC COMMON 149123101
5436.906Sole 60010None Sole
CELGENE CORP COMMON 151020104
843.31Sole 12475None Sole
CERNER CORP COMMON 156782104
4.41Sole 72None Sole
CHEVRON CORP NEW COM COMMON 166764100
2305.9008Sole 21672None Sole
CLIFFS NAT RES INC COM COMMON 18683K101
62.35Sole 1000None Sole
COACH INC COM COMMON 189754104
9770.91696Sole 160074None Sole
COCA COLA COMPANY COMMON 191216100
6.2973Sole 90None Sole
COGNIZANT TECHNOLOGY SOLUTIONS CORP CL A COMMON 192446102
5.91652Sole 92None Sole
COLGATE PALMOLIVE CO COM COMMON 194162103
230.975Sole 2500None Sole
CONNECTICUT WTR SVC INC COM COMMON 207797101
108.52Sole 4000None Sole
CONSOLIDATED EDISON INC COM COMMON 209115104
15.69359Sole 253None Sole
COSTCO WHOLESALE CORP NEW COM COMMON 22160K105
3.7494Sole 45None Sole
COVIDIEN PLC SHS COMMON G2552X108
1218.4207Sole 27070None Sole
CUMMINS INC COMMON 231021106
4.75308Sole 54None Sole
DANAHER CORP COM COMMON 235851102
6.1152Sole 130None Sole
DEERE & CO COMMON 244199105
5.4145Sole 70None Sole
DISNEY WALT CO DISNEY COM COMMON 254687108
9044.4375Sole 241185None Sole
DOW CHEM CO COMMON 260543103
8.7718Sole 305None Sole
EL PASO PIPELINE PARTNERS L P COM UNIT LTD COMMON 283705108
3794.352Sole 109600None Sole
ELI LILLY & CO COM COMMON 532457108
8827.344Sole 212400None Sole
EMERSON ELEC CO COM COMMON 291011104
279.54Sole 6000None Sole
ENBRIDGE ENERGY MGMT L L C SHS UNITS REPST COMMON 29250X103
2708.70698Sole 77925None Sole
ENBRIDGE ENERGY PARTNERS LP COM COMMON 29250R106
1805.536Sole 54400None Sole
ENERGY TRANSFER EQUITY LP COM UNITS REPSTG COMMON 29273V100
746.672Sole 18400None Sole
ENERGY TRANSFER PARTNERS L P UNIT LTD PART COMMON 29273R109
1838.585Sole 40100None Sole
ENTERPRISE PRODS PARTNERS L P COM UNIT COMMON 293792107
6004.16928Sole 129456None Sole
ENSCO PLC SPONSORED ADR COMMON 29358Q109
8.9148Sole 190None Sole
EXPRESS SCRIPTS INC COM COMMON 302182100
62.566Sole 1400None Sole
EXXON MOBIL CORP COM COMMON 30231G10
8519.6514Sole 100515None Sole
FMC TECHNOLOGIES INC COM COMMON 30249U101
63.7206Sole 1220None Sole
FREEPORT-MCMORAN COPPER & GOLD INC CL B COMMON 35671D857
3.12715Sole 85None Sole
GENERAL ELECTRIC CO COM COMMON 369604103
5919.9714Sole 330540None Sole
GENERAL MILLS INC COM COMMON 370334104
262.665Sole 6500None Sole
GOLDMAN SACHS GROUP INC COM COMMON 38141G104
18.086Sole 200None Sole
GOOGLE INC CL A COMMON 38259P508
499.9266Sole 774None Sole
HARLEY DAVIDSON INC COM COMMON 41582108
1.1661Sole 30None Sole
HOME DEPOT INC COM COMMON 437076102
10.2998Sole 245None Sole
INTEL CORP COM COMMON 458140100
11.51875Sole 475None Sole
INTERNATIONAL BUSINESS MACHS CORP COM COMMON 459200101
6.25192Sole 34None Sole
INTUITIVE SURGICAL INC COM NEW COMMON 46120E62
6.94515Sole 15None Sole
ISHARES TR BARCLAYS TIPS BD FD COMMON 464287176
17.5035Sole 150None Sole
JAMBA INC COM COMMON 47023A101
58.95Sole 45000None Sole
JOHNSON & JOHNSON COM COMMON 478160104
11930.6415Sole 181925None Sole
KANSAS CITY SOUTHN COM NEW COMMON 485170302
6.46095Sole 95None Sole
KIMBERLY CLARK CORP COMMON 494368103
8121.024Sole 110400None Sole
KINDER MORGAN ENERGY PARTNERS L P UNIT LTD COMMON 494550106
8050.5416Sole 94768None Sole
KINDER MORGAN MGMT LLC SHS COMMON 49455U100
24302.09704Sole 309502None Sole
KRAFT FOODS INC CL A COMMON 50075N104
37.69624Sole 1009None Sole
LABORATORY CORP AMER HLDGS COM NEW COMMON 50540R409
64.4775Sole 750None Sole
MAGELLAN MIDSTREAM PARTNERS LP COM UNIT RE COMMON 559080106
2782.752Sole 40400None Sole
MASTERCARD INC CL A COM COMMON 57636Q104
467.8891Sole 1255None Sole
MCDONALDS CORP COMMON 580135101
306.50815Sole 3055None Sole
MCMORAN EXPLORATION CO COM COMMON 582411104
29.1Sole 2000None Sole
MEAD JOHNSON NUTRITION CO COM COMMON 582839106
13435.20294Sole 195478None Sole
MEDCOHEALTH SOLUTIONS INC COM COMMON 58405U102
13988.3042Sole 250238None Sole
MERCK & CO INC NEW COM COMMON 58933Y105
575.4905Sole 15265None Sole
MICROSOFT CORP COM COMMON 594918104
11.1628Sole 430None Sole
MIDDLESEX WTR CO COM COMMON 596680108
124.38756Sole 6666None Sole
NATIONAL PENN BANCSHARES INC COM COMMON 637138108
206.9488Sole 24520None Sole
NIKE INC CLASS B COMMON 654106103
44.52294Sole 462None Sole
NISKA GAS STORAGE PARTNERS LLC COM UNITS R COMMON 654678101
878.332Sole 98800None Sole
NORFOLK SOUTHERN CORP COMMON 655844108
51.002Sole 700None Sole
ONEOK PARTNERS L P UNIT LTD PARTNERSHIP COMMON 68268N103
3106.412Sole 53800None Sole
PAA NAT GAS STORAGE LP COM UNIT LTD PART I COMMON 693139107
187.5Sole 10000None Sole
PEPSICO INC COM COMMON 713448108
184.7184Sole 2784None Sole
PFIZER INC COM COMMON 717081103
18365.04568Sole 848662None Sole
PHILIP MORRIS INTL INC COM COMMON 718172109
9794.61792Sole 124804None Sole
PLAINS ALL AMERICAN PIPELINE L P UNIT LTD COMMON 726503105
2669.9075Sole 36350None Sole
PLUM CREEK TIMBER CO INC COM COMMON 729251108
233.984Sole 6400None Sole
POTASH CORP OF SASKATCHEWAN INC COMMON 73755L107
74.304Sole 1800None Sole
POTLATCH CORP NEW COM COMMON 737630103
248.88Sole 8000None Sole
PROCTER & GAMBLE CO COM COMMON 742718109
10527.30497Sole 157807None Sole
QUALCOMM INC COMMON 747525103
15.316Sole 280None Sole
RAYONIER INC COM COMMON 754907103
368.1975Sole 8250None Sole
SARA LEE CORP COMMON 703111103
6493.344Sole 343200None Sole
SCHLUMBERGER LTD COMMON 806857108
1077.2487Sole 15770None Sole
SIGMA ALDRICH CORP COMMON 826552101
7531.1145Sole 120575None Sole
SPDR GOLD TR GOLD SHS COMMON 78463V107
16.7189Sole 110None Sole
SPDR S^P 500 ETF TR TR UNIT COMMON 78462F10
221.2565Sole 1763None Sole
SPDR S^P MIDCAP 400 ETF TR UNIT SER 1 STAN COMMON 59563510
297.44885Sole 1865None Sole
STARBUCKS CORP COM COMMON 855244109
6.21135Sole 135None Sole
STERICYCLE INC COM COMMON 585912108
46.752Sole 600None Sole
SUCCESSFACTORS INC COMMON 864596101
47.844Sole 1200None Sole
SUNOCO LOGISTICS PARTNERS LP COM UNITS COMMON 86786L108
1323.84Sole 33600None Sole
TARGA RES PARTNERS LP COM UNIT LTD PARTNER COMMON 87611X105
410.08Sole 11000None Sole
TC PIPELINES LP UNIT COM LTD PARTNERSHIP I COMMON 87233Q108
7569.82799Sole 159599None Sole
TIFFANY & COMPANY COMMON 886547108
5.6321Sole 85None Sole
TOOTSIE ROLL INDS CL B CONV NON-TRANSFERAB COMMON 89051620
17.93Sole 815None Sole
TOOTSIE ROLL INDS INC COMMON 890516107
0.66276Sole 28None Sole
UNITED TECHNOLOGIES CORP COM COMMON 913017109
4.01995Sole 55None Sole
V F CORP COMMON 918204108
228.582Sole 1800None Sole
WEYERHAEUSER CO COMMON 962166104
298.72Sole 16000None Sole
WHOLE FOODS MKT INC COM COMMON 966837106
5.2185Sole 75None Sole
WILLIAMS PARTNERS L P COM UNIT LTD PARTNER COMMON 96950F104
3292.79111Sole 54889None Sole
WILLIAMS SONOMA INC COM COMMON 969904101
181775.209Sole 4721434None Sole
ZIMMER HLDGS INC COM COMMON 98956P102
6076.525Sole 113750None Sole
455693.361