Hardesty Capital Management Corp.

Hardesty Capital Management as of Sept. 30, 2011

Portfolio Holdings for Hardesty Capital Management

Hardesty Capital Management holds 121 positions in its portfolio as reported in the September 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Exxon Mobil Corporation (XOM) 5.8 $18M 249k 72.63
International Business Machines (IBM) 3.5 $11M 61k 174.88
Oracle Corporation (ORCL) 2.9 $8.9M 311k 28.74
Intel Corporation (INTC) 2.8 $8.7M 410k 21.33
Procter & Gamble Company (PG) 2.7 $8.4M 133k 63.18
General Electric Company 2.6 $8.1M 533k 15.22
Johnson & Johnson (JNJ) 2.4 $7.6M 119k 63.69
Target Corporation (TGT) 2.4 $7.4M 151k 49.04
United Technologies Corporation 2.4 $7.3M 104k 70.36
Chubb Corporation 2.3 $7.1M 119k 59.99
Microsoft Corporation (MSFT) 2.2 $6.9M 277k 24.89
Automatic Data Processing (ADP) 2.1 $6.5M 139k 47.15
Enterprise Products Partners (EPD) 2.1 $6.4M 160k 40.15
Caterpillar (CAT) 2.0 $6.1M 82k 73.84
Colgate-Palmolive Company (CL) 1.8 $5.6M 64k 88.67
Coca-Cola Company (KO) 1.8 $5.5M 82k 67.56
Bristol Myers Squibb (BMY) 1.8 $5.5M 176k 31.38
Amgen (AMGN) 1.8 $5.5M 99k 54.96
Merck & Co (MRK) 1.7 $5.3M 163k 32.70
V.F. Corporation (VFC) 1.6 $5.1M 42k 121.51
Chevron Corporation (CVX) 1.6 $5.0M 54k 92.59
Harley-Davidson (HOG) 1.5 $4.7M 138k 34.33
E.I. du Pont de Nemours & Company 1.5 $4.7M 118k 39.97
Emerson Electric (EMR) 1.5 $4.6M 112k 41.31
Diamond Offshore Drilling 1.4 $4.5M 82k 54.74
At&t (T) 1.4 $4.4M 156k 28.52
Norfolk Southern (NSC) 1.3 $4.1M 67k 61.02
Abbott Laboratories (ABT) 1.3 $4.0M 78k 51.14
Wells Fargo & Company (WFC) 1.3 $4.0M 164k 24.12
Duke Energy Corporation 1.2 $3.8M 191k 19.99
Kraft Foods 1.2 $3.7M 111k 33.58
Hewlett-Packard Company 1.2 $3.7M 163k 22.45
Pepsi (PEP) 1.2 $3.6M 58k 61.91
Verizon Communications (VZ) 1.1 $3.5M 96k 36.80
Leggett & Platt (LEG) 1.1 $3.5M 177k 19.79
Lockheed Martin Corporation (LMT) 1.1 $3.5M 48k 72.63
Tiffany & Co. 1.0 $3.2M 53k 60.82
JPMorgan Chase & Co. (JPM) 1.0 $3.2M 106k 30.12
3M Company (MMM) 1.0 $3.2M 44k 71.79
Vanguard FTSE All-World ex-US ETF (VEU) 1.0 $3.0M 78k 38.71
United Parcel Service (UPS) 0.9 $2.9M 46k 63.14
SYSCO Corporation (SYY) 0.9 $2.7M 106k 25.90
Walt Disney Company (DIS) 0.9 $2.7M 90k 30.16
Newell Rubbermaid (NWL) 0.9 $2.7M 228k 11.87
Stryker Corporation (SYK) 0.9 $2.7M 57k 47.13
Olin Corporation (OLN) 0.9 $2.7M 149k 18.01
Vulcan Materials Company (VMC) 0.8 $2.6M 96k 27.56
Google 0.8 $2.6M 5.0k 515.02
Nucor Corporation (NUE) 0.8 $2.5M 79k 31.64
Lowe's Companies (LOW) 0.8 $2.5M 130k 19.34
Altria (MO) 0.8 $2.4M 90k 26.81
Philip Morris International (PM) 0.8 $2.4M 38k 62.37
Comcast Corporation 0.8 $2.4M 114k 20.72
Capital One Financial (COF) 0.8 $2.3M 59k 39.63
Corning Incorporated (GLW) 0.7 $2.2M 175k 12.36
Taiwan Semiconductor Mfg (TSM) 0.7 $2.0M 178k 11.43
Whirlpool Corporation (WHR) 0.7 $2.0M 40k 49.91
SPDR Dow Jones Industrial Average ETF (DIA) 0.5 $1.6M 15k 108.92
Vanguard Small-Cap ETF (VB) 0.5 $1.6M 26k 61.36
TriQuint Semiconductor 0.5 $1.6M 313k 5.02
Boeing Company (BA) 0.5 $1.5M 25k 60.51
Vanguard FTSE All Wld Ex USSml Cap (VSS) 0.5 $1.5M 19k 78.46
Vanguard Emerging Markets ETF (VWO) 0.5 $1.5M 41k 35.84
Quiksilver 0.5 $1.4M 465k 3.05
Ingersoll-rand Co Ltd-cl A 0.5 $1.4M 50k 28.08
Spdr S&p 500 Etf (SPY) 0.4 $1.4M 12k 113.14
Apache Corporation 0.4 $1.2M 16k 80.26
Schlumberger (SLB) 0.4 $1.2M 20k 59.74
UnitedHealth (UNH) 0.4 $1.2M 25k 46.12
Chesapeake Utilities Corporation (CPK) 0.4 $1.1M 29k 40.11
Akamai Technologies (AKAM) 0.3 $1.0M 53k 19.89
American Capital 0.3 $953k 140k 6.82
PNC Financial Services (PNC) 0.3 $828k 17k 48.19
iShares MSCI Brazil Index (EWZ) 0.3 $814k 16k 52.01
Bank of America Corporation (BAC) 0.2 $762k 125k 6.12
Celgene Corporation 0.2 $783k 13k 61.95
Varian Medical Systems 0.2 $744k 14k 52.19
Medtronic 0.2 $701k 21k 33.22
M&T Bank Corporation (MTB) 0.2 $619k 8.9k 69.86
Transocean (RIG) 0.2 $635k 13k 47.72
Paccar (PCAR) 0.2 $609k 18k 33.81
Nordstrom (JWN) 0.2 $580k 13k 45.67
eBay (EBAY) 0.2 $578k 20k 29.51
Ens 0.2 $548k 14k 40.46
Cisco Systems (CSCO) 0.2 $556k 36k 15.50
Noble Energy 0.2 $566k 8.0k 70.75
WellPoint 0.2 $568k 8.7k 65.29
PPG Industries (PPG) 0.2 $501k 7.1k 70.69
Computer Services 0.2 $509k 19k 27.51
Washington Real Estate Investment Trust (ELME) 0.1 $464k 17k 28.16
Vanguard Europe Pacific ETF (VEA) 0.1 $478k 16k 30.13
Pitney Bowes (PBI) 0.1 $410k 22k 18.78
SPDR S&P Dividend (SDY) 0.1 $401k 8.3k 48.58
Ultra Petroleum 0.1 $382k 14k 27.75
EQUITABLE RES Inc Com Stk 0.1 $360k 6.8k 53.33
Brown-Forman Corporation (BF.B) 0.1 $332k 3.3k 102.15
Diebold Incorporated 0.1 $299k 11k 27.51
Occidental Petroleum Corporation (OXY) 0.1 $297k 4.2k 71.46
Pfizer (PFE) 0.1 $265k 15k 17.65
Dominion Resources (D) 0.1 $265k 5.2k 50.71
CIGNA Corporation 0.1 $283k 6.8k 41.93
Southern Company (SO) 0.1 $267k 6.3k 42.39
H.J. Heinz Company 0.1 $281k 5.6k 50.40
Precision Drilling Corporation 0.1 $288k 35k 8.28
Berkshire Hathaway (BRK.B) 0.1 $261k 3.7k 71.04
Constellation Energy 0.1 $244k 6.4k 38.07
T. Rowe Price (TROW) 0.1 $248k 5.2k 47.67
Western Digital (WDC) 0.1 $253k 9.9k 25.67
Varian Semiconductor 0.1 $258k 4.2k 61.07
Deere & Company (DE) 0.1 $226k 3.5k 64.57
AllianceBernstein Holding (AB) 0.1 $230k 17k 13.66
American Grwth Fd Of Amer Clas 0.1 $222k 8.3k 26.69
RPM International (RPM) 0.1 $193k 10k 18.74
Applied Materials (AMAT) 0.1 $158k 15k 10.33
GMX Resources 0.0 $48k 21k 2.29
Blonder Tongue Labs (BDRL) 0.0 $77k 59k 1.31
Energiz Renewable 0.0 $60k 20k 3.00
Quaterra Resources 0.0 $28k 34k 0.82
Lb Ros Ppn S&p Index Due 0.000 0.0 $22k 10k 2.20
Integral Technologies 0.0 $4.0k 10k 0.40
Eastern Asteria 0.0 $0 2.5M 0.00