Lodestar Investment Counsel

Lodestar Investment Counsel as of March 31, 2012

Portfolio Holdings for Lodestar Investment Counsel

Lodestar Investment Counsel holds 0 positions in its portfolio as reported in the March 2012 quarterly 13F filing

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                                                                  FORM 13F INFORMATION TABLE
                                                           VALUE   SHARES/  SH/ PUT/ INVSTMT    OTHER          VOTING AUTHORITY
        NAME OF ISSUER          TITLE OF CLASS    CUSIP   (x$1000) PRN AMT  PRN CALL DSCRETN   MANAGERS     SOLE    SHARED    NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------

3M Company                     COM              88579Y101    16279   182477 SH       DEFINED 01                               182477
AT^T Inc Com                   COM              00206R102     6379   204255 SH       DEFINED 01                               204255
Abbott Laboratories            COM              002824100    13805   225238 SH       DEFINED 01                               225238
Accenture Ltd Cl A             COM              g1151c101    18531   287300 SH       DEFINED 01                               287300
Alcoa                          COM              013817101      245    24437 SH       DEFINED 01                                24437
Altria Group                   COM              02209S103      285     9241 SH       DEFINED 01                                 9241
American Express               COM              025816109     4088    70656 SH       DEFINED 01                                70656
Apple Inc.                     COM              037833100      445      742 SH       DEFINED 01                                  742
Automatic Data Processing      COM              053015103     1621    29375 SH       DEFINED 01                                29375
BP PLC                         COM              055622104      543    12058 SH       DEFINED 01                                12058
Bed Bath And Beyond            COM              075896100      250     3796 SH       DEFINED 01                                 3796
Berkshire Hathaway             COM              084670108      488        4 SH       DEFINED 01                                    4
Berkshire Hathaway Cl B        COM              084670702      598     7371 SH       DEFINED 01                                 7371
Cardinal Health                COM              14149Y108      221     5128 SH       DEFINED 01                                 5128
Cedar Fair L.P. Dep. Rcts.     COM              150185106      296    10000 SH       DEFINED 01                                10000
Chevron Corporation            COM              166764100     1139    10622 SH       DEFINED 01                                10622
Chubb Corporation              COM              171232101      501     7250 SH       DEFINED 01                                 7250
Cisco Systems                  COM              17275R102      249    11765 SH       DEFINED 01                                11765
Coca Cola                      COM              191216100    17006   229784 SH       DEFINED 01                               229784
Cognizant Class A Shares       COM              192446102      336     4370 SH       DEFINED 01                                 4370
Colgate Palmolive Company      COM              194162103      513     5250 SH       DEFINED 01                                 5250
ConocoPhillips                 COM              20825C104     2044    26887 SH       DEFINED 01                                26887
Costco Wholesale Corporation   COM              22160K105     1203    13250 SH       DEFINED 01                                13250
Dover Corporation              COM              260003108     2435    38680 SH       DEFINED 01                                38680
Dow Chemical                   COM              260543103      333     9605 SH       DEFINED 01                                 9605
Dun & Bradstreet               COM              26483E100      294     3475 SH       DEFINED 01                                 3475
Eli Lilly & Company            COM              532457108      497    12350 SH       DEFINED 01                                12350
Emerson Electric               COM              291011104     2542    48720 SH       DEFINED 01                                48720
EnCana Corporation             COM              292505104     2268   115420 SH       DEFINED 01                               115420
Endocyte Inc                   COM              29269A102       50    10000 SH       DEFINED 01                                10000
Exelon Corp.                   COM              30161N101     4105   104700 SH       DEFINED 01                               104700
Express Scripts Inc.           COM              30219G108      217     4000 SH       DEFINED 01                                 4000
Exxon Mobil Corp               COM              30231g102    19617   226190 SH       DEFINED 01                               226190
Fiserv Inc.                    COM              337738108     1132    16315 SH       DEFINED 01                                16315
General Dynamics Corp          COM              369550108      220     3000 SH       DEFINED 01                                 3000
General Electric               COM              369604103    11062   551150 SH       DEFINED 01                               551150
Genoil Inc.                    COM              371924101        1    15000 SH       DEFINED 01                                15000
Goldcorp Inc.                  COM              380956409      203     4500 SH       DEFINED 01                                 4500
Google Inc Cl A                COM              38259P508      249      388 SH       DEFINED 01                                  388
H^R Block                      COM              093671105      217    13200 SH       DEFINED 01                                13200
H.J. Heinz                     COM              423074103      201     3750 SH       DEFINED 01                                 3750
Home Depot                     COM              437076102      297     5904 SH       DEFINED 01                                 5904
Illinois Tool Works Inc        COM              452308109    11606   203180 SH       DEFINED 01                               203180
Intel                          COM              458140100    16223   577012 SH       DEFINED 01                               577012
International Business Machine COM              459200101     4422    21194 SH       DEFINED 01                                21194
Intuitive Surgical Inc Com New COM              46120E602      623     1150 SH       DEFINED 01                                 1150
JP Morgan Chase & Company      COM              46625H100      959    20850 SH       DEFINED 01                                20850
Johnson & Johnson              COM              478160104    15998   242537 SH       DEFINED 01                               242537
Johnson Controls               COM              478366107      848    26115 SH       DEFINED 01                                26115
Kellogg                        COM              487836108     5945   110850 SH       DEFINED 01                               110850
Kimberly Clark Corp            COM              494368103     1459    19745 SH       DEFINED 01                                19745
Kinder Morgan Energy Partners  COM              494550106     3227    39000 SH       DEFINED 01                                39000
Kinder Morgan Management LLC   COM              49455U100     2960    39659 SH       DEFINED 01                                39659
Kohl's Corp.                   COM              500255104     9664   193160 SH       DEFINED 01                               193160
Koninklijke Philips Electronic COM              500472303      596    29278 SH       DEFINED 01                                29278
Laclede Group Inc Com          COM              505597104      234     5990 SH       DEFINED 01                                 5990
Lowes Companies Inc.           COM              548661107     7034   224150 SH       DEFINED 01                               224150
Marathon Oil Corporation       COM              565849106      290     9146 SH       DEFINED 01                                 9146
Marathon Petroleum Corp        COM              56585A102      248     5723 SH       DEFINED 01                                 5723
Marsh & McLennan               COM              571748102      614    18735 SH       DEFINED 01                                18735
McDonalds Corp.                COM              580135101     2197    22396 SH       DEFINED 01                                22396
Medco Health Solutions Com     COM              58405U102      542     7706 SH       DEFINED 01                                 7706
Merck & Co.                    COM              58933Y105      607    15812 SH       DEFINED 01                                15812
Microsoft Corporation          COM              594918104    15414   477886 SH       DEFINED 01                               477886
Mueller Water Prods Inc Com    COM              624758108       44    13304 SH       DEFINED 01                                13304
Nestle S.A. Registered Voting  COM              641069406    24126   383913 SH       DEFINED 01                               383913
Northern Trust Co.             COM              665859104     8545   180080 SH       DEFINED 01                               180080
Oracle Corp.                   COM              68389X105     7666   262898 SH       DEFINED 01                               262898
Pepsico                        COM              713448108     8526   128501 SH       DEFINED 01                               128501
Pfizer                         COM              717081103     5490   242425 SH       DEFINED 01                               242425
Philip Morris Intl Inc.        COM              718172109     2486    28058 SH       DEFINED 01                                28058
Plum Creek Timber              COM              729251108     1358    32665 SH       DEFINED 01                                32665
Procter & Gamble               COM              742718109    12293   182909 SH       DEFINED 01                               182909
Royal Dutch Shell PLC Spons AD COM              780259107     4333    61350 SH       DEFINED 01                                61350
Schlumberger Ltd.              COM              806857108      886    12668 SH       DEFINED 01                                12668
Sherwin Williams Co            COM              824348106      880     8100 SH       DEFINED 01                                 8100
Simon Property Group New Com R COM              828806109      207     1423 SH       DEFINED 01                                 1423
Southern Company               COM              842587107     6401   142467 SH       DEFINED 01                               142467
Starbucks Corporation          COM              855244109      205     3670 SH       DEFINED 01                                 3670
Starwood Property Trust        COM              85571B105     2699   128425 SH       DEFINED 01                               128425
Stryker Corporation            COM              863667101     9914   178695 SH       DEFINED 01                               178695
Sysco Corp                     COM              871829107    10653   356750 SH       DEFINED 01                               356750
Taylor Capital Group           COM              876851106      264    18400 SH       DEFINED 01                                18400
Teva Pharmaceutical            COM              881624209      388     8605 SH       DEFINED 01                                 8605
The Hershey Company            COM              427866108      776    12660 SH       DEFINED 01                                12660
Travelers Companies Com        COM              89417E109     4504    76075 SH       DEFINED 01                                76075
U S Bancorp                    COM              902973304      339    10700 SH       DEFINED 01                                10700
UGI Corp New Com               COM              902681105      232     8500 SH       DEFINED 01                                 8500
Union Pacific                  COM              907818108      226     2100 SH       DEFINED 01                                 2100
United Parcel Service          COM              911312106     3529    43725 SH       DEFINED 01                                43725
United Technologies Corporatio COM              913017109      382     4611 SH       DEFINED 01                                 4611
Viacom Inc New Cl B            COM              92553P201     1596    33627 SH       DEFINED 01                                33627
Vodafone Group PLC             COM              92857W209     7955   287489 SH       DEFINED 01                               287489
W.W. Grainger                  COM              384802104     1898     8834 SH       DEFINED 01                                 8834
WGL Hldgs Inc Com              COM              92924F106      240     5900 SH       DEFINED 01                                 5900
Wal-Mart Stores Inc            COM              931142103    15209   248508 SH       DEFINED 01                               248508
Walgreen Co                    COM              931422109     6181   184559 SH       DEFINED 01                               184559
Walt Disney Company            COM              254687106    16825   384297 SH       DEFINED 01                               384297
Waste Management Inc Del       COM              94106L109      815    23307 SH       DEFINED 01                                23307
Wells Fargo & Company          COM              949746101      770    22550 SH       DEFINED 01                                22550
Western Union Co Com           COM              959802109     1209    68700 SH       DEFINED 01                                68700
Wisconsin Energy               COM              976657106      345     9803 SH       DEFINED 01                                 9803
Zebra Technologies Corp - Clas COM              989207105      207     5025 SH       DEFINED 01                                 5025
IShares Tr Dow Jones Select Di FUND             464287168      238     4250 SH       DEFINED 01                                 4250
IShares Tr MSCI EAFE Index     FUND             464287465     1888    34400 SH       DEFINED 01                                34400
IShares Tr MSCI Emerging Marke FUND             464287234     3417    79575 SH       DEFINED 01                                79575
IShares Tr Russell 2000        FUND             464287655      633     7650 SH       DEFINED 01                                 7650
Ishares Trust Dow Jones Us Tec FUND             464287721      265     3404 SH       DEFINED 01                                 3404
Japan Equity Fund              FUND             471057109       67    11867 SH       DEFINED 01                                11867
SPDR Gold Trust                FUND             78463V107     1684    10385 SH       DEFINED 01                                10385
SPDR S^P 500 ETF Trust Unit Se FUND             78462F103     1287     9140 SH       DEFINED 01                                 9140
SPDR Utilities Select SBI      FUND             81369Y886      708    20208 SH       DEFINED 01                                20208
Vanguard Intl Equity Index Eme FUND             922042858      231     5325 SH       DEFINED 01                                 5325
Vanguard Total Stock Market ET FUND             922908769      379     5240 SH       DEFINED 01                                 5240