MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH as of March 31, 2013
Portfolio Holdings for MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH
MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH holds 0 positions in its portfolio as reported in the March 2013 quarterly 13F filing
FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
------------------------ -------------- --------- -------- ---------------------- ---------- -------- ----------------
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
-----------------------------------------------------------------------------------------------------------------------------------
{S} {C} {C} {C} {C} {C} {C} {C} {C}
3M CO. DL-,01 COM 88579Y101 7.126 67069 SHS Sole 67069
ABBOTT LABS COM 002824100 6.841 193852 SHS Sole 193852
ABERCROMBIE + FITCH A CL A 002896207 2.086 45157 SHS Sole 45157
ACCO BRANDS DL-,01 COM 00081T108 19 2803 SHS Sole 2803
ADOBE SYST. INC. COM 00724F101 1.876 43270 SHS Sole 43270
ADVANCED MIC.DEV. DL-,01 COM 007903107 1.201 472639 SHS Sole 472639
AETNA INC. DL-,01 COM 00817Y108 6.904 135045 SHS Sole 135045
AFLAC INC. DL -,10 COM 001055102 51 980 SHS Sole 980
AGNICO-EAGLE MNS COM 008474108 1.907 45000 SHS Sole 45000
AGRIUM INC. COM 008916108 4.028 40000 SHS Sole 40000
AIR PROD. CHEM. DL 1 COM 009158106 261 3000 SHS Sole 3000
ALCOA INC. DL 1 COM 013817101 60 7000 SHS Sole 7000
ALTRIA GRP INC. DL-,333 COM 02209S103 1.784 51907 SHS Sole 51907
AMAZON.COM INC. DL-,01 COM 023135106 356 1338 SHS Sole 1338
AMBEV-CIA DE B.A. ADR 1 SPON ADR PFD 20441W203 2.328 55000 SHS Sole 55000
AMER. EXPRESS DL -,20 COM 025816109 3.398 50386 SHS Sole 50386
AMEREN CORP. DL-,01 COM 023608102 10.011 285879 SHS Sole 285879
AMERISOURCEBERGEN DL-,01 COM 03073E105 4.211 81888 SHS Sole 81888<br /><br />FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
------------------------ -------------- --------- -------- ---------------------- ---------- -------- ----------------
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
-----------------------------------------------------------------------------------------------------------------------------------
{S} {C} {C} {C} {C} {C} {C} {C} {C}
AMGEN INC. DL-,0001 COM 031162100 2.058 20136 SHS Sole 20136
APACHE CORP. DL -,625 COM 037411105 4.275 55407 SHS Sole 55407
APOLLO GRP INC. A DL-,01 CL A 037604105 4.724 272112 SHS Sole 272112
APPLE INC. COM 037833100 29.450 66509 SHS Sole 66509
APPLIED MATERIALS INC. COM 038222105 13.961 1034162 SHS Sole 1034162
AT + T INC. DL 1 COM 00206R102 17.280 470847 SHS Sole 470847
AUTODESK INC. COM 052769106 288 7000 SHS Sole 7000
AUTOM. DATA PROC. DL -,10 COM 053015103 1.420 21913 SHS Sole 21913
BAKER HUGHES INC. DL 1 COM 057224107 1.587 34200 SHS Sole 34200
BANCO BRADESCO PFD 04 ADR SP ADR PFD NEW 059460303 3.274 192500 SHS Sole 192500
BANCO SANTANDER ADS ADS REP 1 UNIT 05967A107 1.378 190000 SHS Sole 190000
BANK AMERICA DL 0,01 COM 060505104 405 33280 SHS Sole 33280
BARRICK GOLD CORP. COM 067901108 6.937 228500 SHS Sole 228500
BAXTER INTL DL 1 COM 071813109 4.733 65169 SHS Sole 65169
BCE INC. NEW COM NEW 05534B760 9.452 196000 SHS Sole 196000
BECTON, DICKINSON DL 1 COM 075887109 306 3200 SHS Sole 3200
BERKSH. H.B NEW DL-,00333 CL B NEW 084670702 143 1370 SHS Sole 1370
BK MONTREAL CD 2 COM 063671101 10.791 166000 SHS Sole 166000
BK NOVA SCOTIA COM 064149107 20.745 345000 SHS Sole 345000
BLACKROCK CL. A DL -,01 COM 09247X101 695 2710 SHS Sole 2710
BMC SOFTWARE INC. DL-,01 COM 055921100 1.543 33258 SHS Sole 33258<br /><br />FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
------------------------ -------------- --------- -------- ---------------------- ---------- -------- ----------------
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
-----------------------------------------------------------------------------------------------------------------------------------
{S} {C} {C} {C} {C} {C} {C} {C} {C}
BOEING CO. DL 5 COM 097023105 4.298 50092 SHS Sole 50092
BOSTON PROPERTIES DL-,01 COM 101121101 150 1480 SHS Sole 1480
BRF ADR SPONSORED ADR 10552T107 2.653 120000 SHS Sole 120000
BRISTOL-MYERS SQUIBBDL-10 COM 110122108 6.520 158359 SHS Sole 158359
BROADCOM CORP. A DL-,0001 CL A 111320107 142 4097 SHS Sole 4097
BROOKFIELD ASSET MAN.A LV CL A LTD VT SH 112585104 6.025 160000 SHS Sole 160000
CA INC. DL -,10 COM 12673P105 1.704 67900 SHS Sole 67900
CAMECO CORP. COM 13321L108 2.144 100000 SHS Sole 100000
CAMPBELL SOUP CO.DL-,0375 COM 134429109 5.552 122478 SHS Sole 122478
Canadian Imp. Bank of
Commerce O.N. COM 136069101 7.134 88000 SHS Sole 88000
Canadian Natl Railway Co. COM 136375102 14.577 140800 SHS Sole 140800
Canadian Natural Resources
Ltd. o.N. COM 136385101 9.113 275000 SHS Sole 275000
CATERPILLAR INC. DL 1 COM 149123101 296 3400 SHS Sole 3400
CDN PACIFIC RAILWAY COM 13645T100 1.483 11000 SHS Sole 11000
CENOVUS ENERGY INC. COM 15135U109 7.039 220000 SHS Sole 220000
CENTRAIS EL.BR.EL. ADR SPONSORED ADR 15234Q207 68 20000 SHS Sole 20000
CGI GROUP INC. A SV CL A SUB VTG 39945C109 1.403 50000 SHS Sole 50000
CHESAPEAKE EN. DL-,01 COM 165167107 8.391 411102 SHS Sole 411102
CHEVRON CORP. DL-,75 COM 166764100 3.960 33342 SHS Sole 33342
CIA BRASIL. DIS.PFD ADR1 SPN ADR PFD
CL A 20440T201 1.277 24000 SHS Sole 24000
CIA EN.GER.ADR PFD NV 1 SP ADR N-V PFD 204409601 1.296 109500 SHS Sole 109500<br /><br />FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
------------------------ -------------- --------- -------- ---------------------- ---------- -------- ----------------
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
-----------------------------------------------------------------------------------------------------------------------------------
{S} {C} {C} {C} {C} {C} {C} {C} {C}
CIA SANEAMENTO BA.ADR/2 SPONSORED ADR 20441A102 2.862 60000 SHS Sole 60000
CIA SIDERURGICA ADR SPONSORED ADR 20440W105 647 145000 SHS Sole 145000
CINCINNATI FINL DL 2 COM 172062101 297 6320 SHS Sole 6320
Cisco Systems Inc. DL-,001 COM 17275R102 9.338 447419 SHS Sole 447419
CITIGROUP INC.NEW DL -,01 COM NEW 172967424 1.879 42480 SHS Sole 42480
Coca-Cola Co. Dl-,25 COM 191216100 12.395 306645 SHS Sole 306645
Colgate-Palmolive Dl 1 COM 194162103 20.675 175178 SHS Sole 175178
Comcast Corp. New A Dl 1 CL A 20030N101 20.616 494040 SHS Sole 494040
CONAGRA FOOD DL 5 COM 205887102 72 2000 SHS Sole 2000
CONOCOPHILLIPS DL-,01 COM 20825C104 1.361 22662 SHS Sole 22662
CONSOLIDATED EDISON COM 209115104 6.723 110109 SHS Sole 110109
Corning Inc. DL -,50 COM 219350105 18.567 1394958 SHS Sole 1394958
COSTCO WHOLESALE DL-,005 COM 22160K105 1.404 13249 SHS Sole 13249
CSX CORP. DL 1 COM 126408103 1.388 56366 SHS Sole 56366
CVS CAREMARK DL-,01 COM 126650100 2.776 50501 SHS Sole 50501
DENBURY RES INC. DL-,001 COM NEW 247916208 6.621 355189 SHS Sole 355189
DEVON ENERGY CORP. DL-,10 COM 25179M103 542 9605 SHS Sole 9605
DEVRY INC. DL-,01 COM 251893103 7.644 240910 SHS Sole 240910
DISCOVER FINL SRVCS DL-01 COM 254709108 20.927 466800 SHS Sole 466800
DISCOVERY COMMUN.A DL-,01 COM SER A 25470F104 3.753 47700 SHS Sole 47700
Disney (Walt) Co. CO COM DISNEY 254687106 4.219 74323 SHS Sole 74323<br /><br />FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
------------------------ -------------- --------- -------- ---------------------- ---------- -------- ----------------
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
-----------------------------------------------------------------------------------------------------------------------------------
{S} {C} {C} {C} {C} {C} {C} {C} {C}
DOVER CORP. DL 1 COM 260003108 8.651 118747 SHS Sole 118747
Dow Chem. Dl 2,50 COM 260543103 366 11500 SHS Sole 11500
DTE EN. CO. COM 233331107 6.526 95539 SHS Sole 95539
Du Pont Nemours Dl -,30 COM 263534109 1.407 28633 SHS Sole 28633
EBAY INC. DL-,001 COM 278642103 7.952 147050 SHS Sole 147050
ELDORADO GOLD CORP. COM 284902103 1.771 180000 SHS Sole 180000
EMBRAER S.A. ADR/4 O.N. COM 29082A107 892 25000 SHS Sole 25000
ENBRIDGE INC. O.N. COM 29250N105 8.416 175000 SHS Sole 175000
ENCANA CORP. COM 292505104 5.828 290000 SHS Sole 290000
ENERPLUS CORP. COM 292766102 755 50000 SHS Sole 50000
Entergy Corp. Dl-,01 COM 29364G103 63 1000 SHS Sole 1000
EQUITY RESI. SBI DL-,01 SH BEN INT 29476L107 5.322 96632 SHS Sole 96632
EXELON CORP. COM 30161N101 2.030 58850 SHS Sole 58850
EXXON MOBIL CORP. O.N. COM 30231G102 31.936 354846 SHS Sole 354846
FEDERATED INVESTORS (PA.) CL B 314211103 188 7948 SHS Sole 7948
FIRST SOLAR INC. D -,001 COM 336433107 62 2280 SHS Sole 2280
Ford Motor Dl-,01 COM PAR $0.01 345370860 7.625 580270 SHS Sole 580270
FOREST LABS INC. DL-,10 COM 345838106 73 1917 SHS Sole 1917
Franklin Resources Inc.
DL-,10 COM 354613101 1.959 12994 SHS Sole 12994
FREEP.MCMOR.COP.+GOLD COM 35671D857 5.503 166258 SHS Sole 166258
GAFISA S.A. ADR/2 O.N. SPONS ADR 362607301 469 120000 SHS Sole 120000<br /><br />FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
------------------------ -------------- --------- -------- ---------------------- ---------- -------- ----------------
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
-----------------------------------------------------------------------------------------------------------------------------------
{S} {C} {C} {C} {C} {C} {C} {C} {C}
Genl El. Co. Dl -,06 COM 369604103 15.065 652146 SHS Sole 652146
GENWORTH FIL CL.A DL-,001 CL A 37247D106 372 37220 SHS Sole 37220
GERDAU S.A. PFD ADR SPONSORED ADR 373737105 1.271 165000 SHS Sole 165000
GILDAN ACTIVEWEAR SV COM 375916103 2.473 60000 SHS Sole 60000
GILEAD SCIENCES DL-,001 COM 375558103 2.437 49688 SHS Sole 49688
GOL LINHAS AE.I.PFD ADR 1 SP ADR REP PFD 38045R107 238 40000 SHS Sole 40000
GOLDCORP INC. COM 380956409 7.292 210000 SHS Sole 210000
GOOGLE INC. A DL-,001 CL A 38259P508 11.027 13889 SHS Sole 13889
Halliburton Co. Dl 2,50 COM 406216101 3.300 81653 SHS Sole 81653
HCP INC. DL 1 COM 40414L109 12.019 241291 SHS Sole 241291
HELMERICH PAYNE DL-,10 COM 423452101 10.933 180146 SHS Sole 180146
HERSHEY CO. DL 1 COM 427866108 4.183 47798 SHS Sole 47798
HESS CORP. DL 1 COM 42809H107 75 1050 SHS Sole 1050
Hewlett-Packard Dl-,01 COM 428236103 620 26000 SHS Sole 26000
Home Depot Inc. Dl-,05 COM 437076102 4.594 65830 SHS Sole 65830
HUMANA INC. DL-,166 COM 444859102 2.275 32929 SHS Sole 32929
HUNTINGTON BANCSHS DL-,01 COM 446150104 1.446 195344 SHS Sole 195344
IAMGOLD CORP. COM 450913108 706 95000 SHS Sole 95000
IMPERIAL OIL O.N. COM NEW 453038408 1.478 35000 SHS Sole 35000
Intel Corp. Dl-,001 COM 458140100 11.961 548648 SHS Sole 548648
INTERPUBL.GR. COS. DL-,10 COM 460690100 1.564 120141 SHS Sole 120141<br /><br />FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
------------------------ -------------- --------- -------- ---------------------- ---------- -------- ----------------
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
-----------------------------------------------------------------------------------------------------------------------------------
{S} {C} {C} {C} {C} {C} {C} {C} {C}
INTL BUS. MACH. DL-,20 COM 459200101 26.723 125317 SHS Sole 125317
ITAU UNIBCO HLDG PFD SPON ADR REP
PFD 465562106 4.657 261800 SHS Sole 261800
JABIL CIRCUIT DL-,001 COM 466313103 2.391 129523 SHS Sole 129523
Johnson + Johnson Dl 1 COM 478160104 15.935 195593 SHS Sole 195593
JOHNSON CTLS DL-,0139 COM 478366107 175 5000 SHS Sole 5000
JPMORGAN CHASE DL 1 COM 46625H100 8.278 174529 SHS Sole 174529
KEYCORP DL 1 COM 493267108 18.876 1898977 SHS Sole 1898977
KINDER MORG.(DE) P DL-,01 COM 49456B101 87 2240 SHS Sole 2240
KINROSS GOLD CORP. COM NO PAR 496902404 2.704 331000 SHS Sole 331000
KLA-TENCOR CORP. DL-,001 COM 482480100 4.397 83720 SHS Sole 83720
KOHL'S CORP. DL-,01 COM 500255104 1.127 24441 SHS Sole 24441
LILLY (ELI) COM 532457108 7.703 135660 SHS Sole 135660
LINEAR TECH.CORP. DL-,001 COM 535678106 7.382 193093 SHS Sole 193093
LOWE'S COS INC. DL-,50 COM 548661107 53 1400 SHS Sole 1400
M AND T BANK CORP. DL-,50 COM 55261F104 5.025 48719 SHS Sole 48719
MAGNA INTL INC. COM 559222401 6.063 100000 SHS Sole 100000
MARATHON OIL DL 1 COM 565849106 11.372 337453 SHS Sole 337453
MARATHON PETROLEUM DL-,01 COM 56585A102 103 1150 SHS Sole 1150
MCDONALDS CORP. DL-,01 COM 580135101 977 9800 SHS Sole 9800
MCGRAW-HILL COS DL 1 COM 580645109 260 5000 SHS Sole 5000
Mckesson Dl-,01 COM 58155Q103 7.275 67449 SHS Sole 67449<br /><br />FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
------------------------ -------------- --------- -------- ---------------------- ---------- -------- ----------------
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
-----------------------------------------------------------------------------------------------------------------------------------
{S} {C} {C} {C} {C} {C} {C} {C} {C}
MEADWESTVACO CORP. DL-,01 COM 583334107 308 8500 SHS Sole 8500
MECHEL OAO ADR RL 10 1 SPONSORED ADR 583840103 788 156000 SHS Sole 156000
Medtronic Inc. Dl-,10 COM 585055106 2.484 52934 SHS Sole 52934
MERCK CO. DL-,01 COM 58933Y105 9.740 220356 SHS Sole 220356
METROPCS COMM. DL-,0001 COM 591708102 6.978 640790 SHS Sole 640790
Micron Technology Inc.
DL-,10 COM 595112103 22.470 2253748 SHS Sole 2253748
MICROSOFT DL-,00000625 COM 594918104 24.519 858796 SHS Sole 858796
MOBILNIYE TEL. ADR/2 SPONSORED ADR 607409109 12.375 596945 SHS Sole 596945
MOLSON COORS B DL 0,01 CL B 60871R209 283 5780 SHS Sole 5780
MOODY'S CORP DL-,01 COM 615369105 2.136 40069 SHS Sole 40069
Morgan Stanley Dl-,01 COM NEW 617446448 528 24000 SHS Sole 24000
MOTOROLA SOLUTIONS DL-,01 COM NEW 620076307 219 3428 SHS Sole 3428
MURPHY OIL CORP. DL 1 COM 626717102 54 850 SHS Sole 850
NETAPP INC. COM 64110D104 111 3270 SHS Sole 3270
NEWFIELD EXPLOR. DL-,01 COM 651290108 1.241 55389 SHS Sole 55389
Newmont Mng Corp. Dl 1,60 COM 651639106 452 10800 SHS Sole 10800
NEXTERA ENERGY INC.DL-,01 COM 65339F101 6.325 81453 SHS Sole 81453
NIKE INC. B CL B 654106103 319 5400 SHS Sole 5400
Norfolk Sthn Corp. Dl 1 COM 655844108 1.339 17370 SHS Sole 17370
NORTHROP GRUMMAN COM 666807102 352 5020 SHS Sole 5020
NVIDIA CORP. DL-,001 COM 67066G104 5.150 405220 SHS Sole 405220<br /><br />FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
------------------------ -------------- --------- -------- ---------------------- ---------- -------- ----------------
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
-----------------------------------------------------------------------------------------------------------------------------------
{S} {C} {C} {C} {C} {C} {C} {C} {C}
OCCIDENTAL PET. DL-,20 COM 674599105 299 3815 SHS Sole 3815
Oracle Corp. Dl-,01 COM 68389X105 8.990 278328 SHS Sole 278328
OWENS CORNING NEW DL-,01 COM 690742101 99 2500 SHS Sole 2500
PENN WEST PETROLEUM COM 707887105 1.333 120000 SHS Sole 120000
Pepsico Inc. Dl-,0166 COM 713448108 11.620 146897 SHS Sole 146897
PETROL.BRAS.PFD ADR/2 O.N SP ADR NON VTG 71654V101 323 17800 SHS Sole 17800
PETROLEO BRASILEIRO ADR/2 SPONSORED ADR 71654V408 2.651 160000 SHS Sole 160000
Pfizer Inc. Dl-,05 COM 717081103 15.027 521040 SHS Sole 521040
PG + E CORP. COM 69331C108 6.979 156761 SHS Sole 156761
PHILIP MORRIS INTL INC. COM 718172109 22.805 245960 SHS Sole 245960
PINNACLE WEST CAPITAL COM 723484101 2.104 36361 SHS Sole 36361
POTASH CORP. SAS. INC. COM 73755L107 8.920 220000 SHS Sole 220000
PPG IND. INC. DL 1,666 COM 693506107 6.735 50288 SHS Sole 50288
PRAXAIR INC. DL-,01 COM 74005P104 6.192 55512 SHS Sole 55512
Procter Gamble COM 742718109 8.913 115753 SHS Sole 115753
PUBL. SVC.ENTER. COM 744573106 1.549 45129 SHS Sole 45129
QUALCOMM INC. DL-,0001 COM 747525103 368 5500 SHS Sole 5500
QUEST DIAGNOSTICS DL-,01 COM 74834L100 113 2000 SHS Sole 2000
Raytheon Co. Dl-,01 COM NEW 755111507 5.974 101638 SHS Sole 101638
REGIONS FINL(NEW) DL-,01 COM 7591EP100 4.607 563868 SHS Sole 563868
REPUBLIC SERVIC. DL-,01 COM 760759100 8.426 255492 SHS Sole 255492<br /><br />FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
------------------------ -------------- --------- -------- ---------------------- ---------- -------- ----------------
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
-----------------------------------------------------------------------------------------------------------------------------------
{S} {C} {C} {C} {C} {C} {C} {C} {C}
RES.IN MOT.DBA BLACKBERRY COM 760975102 1.641 110000 SHS Sole 110000
Rogers Communic. Inc. B
CD 1,62478 CL B 775109200 4.908 93000 SHS Sole 93000
ROPER INDS INC. DL-,01 COM 776696106 15.264 120000 SHS Sole 120000
ROSS STRS INC. DL-,01 COM 778296103 1.109 18392 SHS Sole 18392
ROYAL BK CDA COM 780087102 24.552 394500 SHS Sole 394500
RYDER SYST. DL-,50 COM 783549108 5.212 87252 SHS Sole 87252
SAFEWAY INC. DL-,01 COM NEW 786514208 5.042 191994 SHS Sole 191994
SANDISK CORP. DL-,001 COM 80004C101 347 6340 SHS Sole 6340
SCHLUMBERGER DL-,01 COM 806857108 10.731 143406 SHS Sole 143406
Shaw Communic. Inc. N-VTG B CL B CONV 82028K200 3.581 140000 SHS Sole 140000
SILVER WHEATON CORP. COM 828336107 4.202 130000 SHS Sole 130000
SIMON PROPERTY GRP PAIRED COM 828806109 18.730 118120 SHS Sole 118120
SL GREEN REALTY DL-,01 COM 78440X101 1.936 22500 SHS Sole 22500
Southw. Airl. Co. Dl 1 COM 844741108 7.454 553825 SHS Sole 553825
SOUTHWESTERN EN. DL -,01 COM 845467109 64 1710 SHS Sole 1710
STAPLES INC. DL-,0006 COM 855030102 9.548 714665 SHS Sole 714665
STARBUCKS CORP. COM 855244109 428 7500 SHS Sole 7500
STATE STREET CORP. DL 1 COM 857477103 331 5600 SHS Sole 5600
STRYKER CORP. DL-,10 COM 863667101 1.628 24952 SHS Sole 24952
SUNCOR ENERGY (NEW) COM 867224107 12.384 400000 SHS Sole 400000
SYMANTEC CORP. DL-,01 COM 871503108 99 4000 SHS Sole 4000<br /><br />FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
------------------------ -------------- --------- -------- ---------------------- ---------- -------- ----------------
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
-----------------------------------------------------------------------------------------------------------------------------------
{S} {C} {C} {C} {C} {C} {C} {C} {C}
T.ROW.PR.GRP DL-,20 COM 74144T108 683 9130 SHS Sole 9130
TALISMAN ENERGY COM 87425E103 3.411 270000 SHS Sole 270000
TECK RES LTD. B SUB.VTG CL B 878742204 3.810 131000 SHS Sole 131000
TELEFONICA BRASIL PFD ADR SPONSORED ADR 87936R106 1.267 47500 SHS Sole 47500
TEVA PHARMACEUT. ADR ADR 881624209 198 5000 SHS Sole 5000
The Southern Co. Dl 5 COM 842587107 5.244 111820 SHS Sole 111820
THOMSON REUTERS CORP. COM 884903105 2.010 60000 SHS Sole 60000
TIM HORTONS INC. COM 88706M103 841 15000 SHS Sole 15000
TIM PARTICIP.PFD ADR/5 ON SPONSORED ADR 88706P205 831 38000 SHS Sole 38000
TIME WARNER NEW DL-,01 COM NEW 887317303 31.756 551040 SHS Sole 551040
TJX COS INC. DL 1 COM 872540109 3.016 64550 SHS Sole 64550
TORONTO-DOMINION BK COM NEW 891160509 23.234 270000 SHS Sole 270000
TRANSCANADA CORP. COM 89353D107 9.869 200000 SHS Sole 200000
TYSON FOODS INC A DL-,10 CL A 902494103 17.200 693540 SHS Sole 693540
U.S. Bancorp Dl-,01 COM NEW 902973304 19.667 580134 SHS Sole 580134
ULTRAPAR PART. PFD ADR COM 90400P101 1.522 60000 SHS Sole 60000
UNION PAC. DL 2,50 COM 907818108 5.014 35225 SHS Sole 35225
UNITEDHEALTH GROUP DL-,01 COM 91324P102 7.420 129783 SHS Sole 129783
UTD PARCEL SE.B DL-01 CL B 911312106 5.495 64041 SHS Sole 64041
Utd Techn. Dl 1 COM 913017109 3.661 39193 SHS Sole 39193
VALE S.A. ADR ADR 91912E105 3.026 175000 SHS Sole 175000<br /><br />FORM 13F INFORMATION TABLE
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
------------------------ -------------- --------- -------- ---------------------- ---------- -------- ----------------
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
-----------------------------------------------------------------------------------------------------------------------------------
{S} {C} {C} {C} {C} {C} {C} {C} {C}
VALEANT PHARMA.INTL (NEW) COM 91911K102 5.655 73000 SHS Sole 73000
VALERO ENERGY CORP.DL-,01 COM 91913Y100 216 4750 SHS Sole 4750
Verizon Communic. Inc.
DL-,10 COM 92343V104 29.219 595330 SHS Sole 595330
VIACOM INC. B DL-,001 CL B 92553P201 18.531 299861 SHS Sole 299861
WALGREEN CO. DL 0,078125 COM 931422109 1.837 38554 SHS Sole 38554
WAL-MART STRS DL-,10 COM 931142103 17.091 228605 SHS Sole 228605
WASHINGTON POST CO. DL1 B CL B 939640108 2.209 4941 SHS Sole 4941
WASTE MGMNT COM 94106L109 381 9710 SHS Sole 9710
WELLPOINT INC. DL-,01 COM 94973V107 6.870 103820 SHS Sole 103820
WELLS FARGO + CO.DL 1,666 COM 949746101 3.313 89642 SHS Sole 89642
WESTERN UNION CO. DL-,01 COM 959802109 6.046 402268 SHS Sole 402268
WEYERHAEUSER CO. DL 1,25 COM 962166104 251 8000 SHS Sole 8000
WPX ENERGY CL.A DL -,01 COM 98212B103 6.404 400020 SHS Sole 400020
XCEL ENERGY DL 2,50 COM 98389B100 7.065 238047 SHS Sole 238047
YAHOO INC. DL-,001 COM 984332106 3.539 150666 SHS Sole 150666
YAMANA GOLD INC. COM 98462Y100 3.014 190000 SHS Sole 190000
ZIMMER HOLDINGS DL-,01 COM 98956P102 3.995 53137 SHS Sole 53137