Hardesty Capital Management Corp.

Hardesty Capital Management as of Dec. 31, 2011

Portfolio Holdings for Hardesty Capital Management

Hardesty Capital Management holds 122 positions in its portfolio as reported in the December 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Exxon Mobil Corporation (XOM) 5.5 $19M 221k 84.76
International Business Machines (IBM) 3.2 $11M 60k 183.89
Intel Corporation (INTC) 2.8 $9.6M 394k 24.25
General Electric Company 2.6 $9.0M 504k 17.91
Procter & Gamble Company (PG) 2.5 $8.6M 130k 66.71
Chubb Corporation 2.3 $7.9M 115k 69.22
Oracle Corporation (ORCL) 2.3 $7.8M 302k 25.65
Johnson & Johnson (JNJ) 2.2 $7.6M 116k 65.58
Target Corporation (TGT) 2.2 $7.6M 148k 51.22
United Technologies Corporation 2.1 $7.4M 101k 73.09
Caterpillar (CAT) 2.1 $7.3M 81k 90.60
Automatic Data Processing (ADP) 2.1 $7.3M 135k 54.01
Enterprise Products Partners (EPD) 2.1 $7.1M 153k 46.38
Microsoft Corporation (MSFT) 2.0 $7.0M 269k 25.96
Merck & Co (MRK) 1.8 $6.3M 166k 37.70
Amgen (AMGN) 1.8 $6.2M 97k 64.21
Bristol Myers Squibb (BMY) 1.8 $6.0M 170k 35.24
Chevron Corporation (CVX) 1.7 $5.9M 56k 106.40
Colgate-Palmolive Company (CL) 1.7 $5.7M 62k 92.39
Coca-Cola Company (KO) 1.6 $5.6M 80k 69.97
Harley-Davidson (HOG) 1.6 $5.4M 138k 38.87
Emerson Electric (EMR) 1.5 $5.2M 111k 46.59
E.I. du Pont de Nemours & Company 1.5 $5.1M 112k 45.78
Hewlett-Packard Company 1.5 $5.2M 200k 25.76
Norfolk Southern (NSC) 1.4 $4.8M 66k 72.87
Diamond Offshore Drilling 1.3 $4.5M 81k 55.27
Wells Fargo & Company (WFC) 1.3 $4.4M 160k 27.56
Abbott Laboratories (ABT) 1.3 $4.4M 78k 56.23
At&t (T) 1.3 $4.4M 146k 30.24
Duke Energy Corporation 1.3 $4.4M 198k 22.00
Verisk Analytics (VRSK) 1.2 $4.2M 105k 40.13
V.F. Corporation (VFC) 1.2 $4.2M 33k 126.98
Newell Rubbermaid (NWL) 1.2 $4.1M 255k 16.15
Kraft Foods 1.2 $4.0M 108k 37.36
Whirlpool Corporation (WHR) 1.1 $4.0M 84k 47.45
Leggett & Platt (LEG) 1.1 $3.9M 170k 23.04
Verizon Communications (VZ) 1.1 $3.8M 96k 40.12
Pepsi (PEP) 1.1 $3.9M 58k 66.35
Lockheed Martin Corporation (LMT) 1.1 $3.8M 46k 80.90
Lowe's Companies (LOW) 1.1 $3.7M 147k 25.38
3M Company (MMM) 1.0 $3.5M 43k 81.73
Tiffany & Co. 1.0 $3.5M 53k 66.25
Walt Disney Company (DIS) 1.0 $3.3M 89k 37.50
Vulcan Materials Company (VMC) 1.0 $3.3M 84k 39.35
Corning Incorporated (GLW) 0.9 $3.2M 249k 12.98
United Parcel Service (UPS) 0.9 $3.2M 44k 73.18
Vanguard FTSE All-World ex-US ETF (VEU) 0.9 $3.2M 82k 39.65
Google 0.9 $3.1M 4.8k 645.83
JPMorgan Chase & Co. (JPM) 0.9 $3.0M 91k 33.25
Nucor Corporation (NUE) 0.9 $3.0M 76k 39.57
SYSCO Corporation (SYY) 0.9 $3.0M 101k 29.33
Philip Morris International (PM) 0.9 $2.9M 37k 78.48
Olin Corporation (OLN) 0.8 $2.9M 147k 19.65
Stryker Corporation (SYK) 0.8 $2.7M 55k 49.70
T. Rowe Price (TROW) 0.8 $2.6M 45k 56.94
Comcast Corporation 0.7 $2.5M 107k 23.56
Altria (MO) 0.7 $2.5M 85k 29.65
Capital One Financial (COF) 0.7 $2.3M 55k 42.29
Taiwan Semiconductor Mfg (TSM) 0.6 $2.1M 159k 12.91
Boeing Company (BA) 0.5 $1.9M 25k 73.35
Vanguard Small-Cap ETF (VB) 0.5 $1.9M 27k 69.67
SPDR Dow Jones Industrial Average ETF (DIA) 0.5 $1.8M 15k 121.88
iShares MSCI Brazil Index (EWZ) 0.5 $1.8M 31k 57.38
Vanguard Emerging Markets ETF (VWO) 0.5 $1.6M 42k 38.21
Vanguard FTSE All Wld Ex USSml Cap (VSS) 0.4 $1.5M 20k 77.55
Ingersoll-rand Co Ltd-cl A 0.4 $1.5M 49k 30.47
Quiksilver 0.4 $1.4M 397k 3.61
TriQuint Semiconductor 0.4 $1.4M 288k 4.87
Apache Corporation 0.4 $1.4M 15k 90.56
Schlumberger (SLB) 0.4 $1.3M 19k 68.29
Spdr S&p 500 Etf (SPY) 0.4 $1.3M 10k 125.52
Chesapeake Utilities Corporation (CPK) 0.4 $1.2M 29k 43.33
PNC Financial Services (PNC) 0.3 $1.2M 21k 57.68
UnitedHealth (UNH) 0.3 $1.2M 24k 50.70
Varian Medical Systems 0.3 $957k 14k 67.13
Cisco Systems (CSCO) 0.3 $931k 52k 18.09
Akamai Technologies (AKAM) 0.3 $910k 28k 32.28
Celgene Corporation 0.2 $873k 13k 67.57
American Capital 0.2 $825k 123k 6.73
Noble Energy 0.2 $755k 8.0k 94.38
Medtronic 0.2 $741k 19k 38.23
M&T Bank Corporation (MTB) 0.2 $612k 8.0k 76.30
Nordstrom (JWN) 0.2 $615k 12k 49.74
Paccar (PCAR) 0.2 $620k 17k 37.48
Ens 0.2 $594k 13k 46.88
PPG Industries (PPG) 0.2 $571k 6.8k 83.54
WellPoint 0.2 $576k 8.7k 66.21
eBay (EBAY) 0.2 $566k 19k 30.33
Computer Services 0.1 $527k 19k 28.49
Washington Real Estate Investment Trust (ELME) 0.1 $445k 16k 27.34
Bank of America Corporation (BAC) 0.1 $401k 72k 5.56
Vanguard Europe Pacific ETF (VEA) 0.1 $397k 13k 30.64
SPDR S&P Dividend (SDY) 0.1 $405k 7.5k 53.93
Ultra Petroleum 0.1 $367k 12k 29.63
Occidental Petroleum Corporation (OXY) 0.1 $384k 4.1k 93.66
EQUITABLE RES Inc Com Stk 0.1 $370k 6.8k 54.81
Pfizer (PFE) 0.1 $324k 15k 21.66
H.J. Heinz Company 0.1 $292k 5.4k 54.07
Precision Drilling Corporation 0.1 $324k 32k 10.25
Berkshire Hathaway (BRK.B) 0.1 $277k 3.6k 76.43
Diebold Incorporated 0.1 $265k 8.8k 30.10
Brown-Forman Corporation (BF.B) 0.1 $262k 3.3k 80.62
Western Digital (WDC) 0.1 $263k 8.5k 30.94
Deere & Company (DE) 0.1 $271k 3.5k 77.43
Kinder Morgan Energy Partners 0.1 $263k 3.1k 84.89
Constellation Energy 0.1 $224k 5.7k 39.58
Transocean (RIG) 0.1 $254k 6.6k 38.36
Southern Company (SO) 0.1 $245k 5.3k 46.31
Davis Ny Venture Fd Cl A (NYVTX) 0.1 $248k 7.6k 32.55
American Grwth Fd Of Amer Clas 0.1 $238k 8.3k 28.67
Dominion Resources (D) 0.1 $201k 3.8k 53.12
Praxair 0.1 $223k 2.1k 107.01
iShares S&P MidCap 400 Index (IJH) 0.1 $208k 2.4k 87.80
Franklin Income Fd Class C (FCISX) 0.0 $67k 32k 2.12
Blonder Tongue Labs (BDRL) 0.0 $72k 59k 1.22
GMX Resources 0.0 $26k 21k 1.24
Quaterra Resources 0.0 $18k 34k 0.53
Franklin Custodian Fds Inc income advisr (FRIAX) 0.0 $45k 22k 2.08
Lb Ros Ppn S&p Index Due 0.000 0.0 $18k 10k 1.80
PositiveID Corporation (PSID) 0.0 $4.1k 29k 0.14
Eastern Asteria 0.0 $0 2.5M 0.00
Energiz Renewable 0.0 $10k 20k 0.50