Polaris Equity Management

Polaris Equity Management as of March 31, 2011

Portfolio Holdings for Polaris Equity Management

Polaris Equity Management holds 271 positions in its portfolio as reported in the March 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Ishares S&p Smallcap Growth etf 5.3 $998M 89k 11269.02
Franklin Res 5.2 $970M 16k 61600.01
Spdr S&p Semiconductor Etf etf 4.9 $917M 50k 18407.75
Spdr Barclays Capital High Yield Bond etf 4.1 $771M 68k 11268.52
Ishares Russell Midcap Growth etf 3.7 $692M 94k 7409.17
Informatica Corporation 3.6 $681M 13k 52190.01
Ishares S&p 500 Value etf 3.6 $677M 90k 7544.67
Ishares S&p Smallcap Value 600 etf 3.3 $616M 100k 6163.71
Ishares S&p Midcap Growth 400 etf 3.2 $605M 51k 11908.31
iShares S&P US Pref Stock Idx Fnd (PFF) 3.1 $576M 15k 39649.97
Alpha & Omega Semiconductor (AOSL) 3.0 $571M 45k 12690.00
Ishares Dow Jones U.s. Technology Sector Ind etf 3.0 $555M 53k 10386.52
Vanguard Total Bond Market ETF (BND) 2.3 $438M 5.5k 80020.27
iShares S&P 500 Growth Index (IVW) 1.9 $359M 5.2k 68708.08
International Business Machines (IBM) 1.9 $353M 2.2k 163069.81
Ishares Msci Brazil Index etf 1.8 $338M 56k 6044.63
Extreme Networks (EXTR) 1.5 $280M 80k 3500.00
Acacia Resh Corp acacia tch 1.5 $281M 8.2k 34350.06
Exxon Mobil Corporation (XOM) 1.5 $275M 3.3k 84130.05
Vanguard Short-Term Bond ETF (BSV) 1.3 $249M 3.1k 80160.06
Berkshire Hath-cl B 1.3 $243M 2.9k 83630.00
Vanguard Small-Cap Growth ETF (VBK) 1.3 $238M 2.8k 86299.89
Ishares Russell 2000 Growth etf 1.1 $210M 44k 4756.87
iShares FTSE KLD Select Scil Idx (SUSA) 1.1 $201M 3.5k 57453.14
Vanguard Mid-Cap Growth ETF (VOT) 1.1 $202M 3.0k 67720.13
Apple Computer 1.1 $198M 569.00 348507.91
iShares FTSE KLD 400 Social Idx (DSI) 1.0 $194M 4.0k 48500.00
Vanguard Short Term Corporate Bond ETF (VCSH) 1.0 $194M 2.5k 77430.00
Vanguard Emerging Markets Stock Etf etf 1.0 $186M 24k 7683.94
Vanguard Long Term Corporate Bond ETF (VCLT) 1.0 $186M 2.4k 76659.92
Vanguard Small-Cap Value ETF (VBR) 0.9 $177M 2.5k 71450.20
Ishares Barclays 1-3 Year Treasury Bond etf 0.9 $175M 86k 2046.65
Lockheed Martin Corporation (LMT) 0.9 $163M 2.0k 80400.20
Vanguard Mega Cap 300 Growth Index ETF (MGK) 0.9 $163M 3.3k 49190.05
Honeywell International (HON) 0.8 $156M 2.6k 59709.92
Vanguard Mid-Cap Value ETF (VOE) 0.8 $146M 2.6k 57007.04
Vanguard Intermediate Tm Cpte Bd ETF (VCIT) 0.7 $137M 1.7k 78920.11
Devon Energy Corporation (DVN) 0.7 $123M 1.3k 91770.26
Vanguard Dividend Appreciation ETF (VIG) 0.6 $113M 2.0k 55509.82
Chevron Corp 0.5 $99M 10k 9680.95
Johnson & Johnson (JNJ) 0.5 $98M 1.6k 59249.85
Ipath Dow Jones-aig Commodity (DJP) 0.5 $97M 1.9k 51349.92
General Electric Company 0.5 $96M 4.8k 20049.94
Vanguard Materials ETF (VAW) 0.5 $86M 989.00 87359.96
Vanguard Information Technology ETF (VGT) 0.4 $78M 1.2k 64229.75
Unitrin 0.4 $76M 2.5k 30879.81
Spdr S&p 500 Etf (SPY) 0.4 $72M 545.00 132590.83
Marathon Oil Corporation (MRO) 0.4 $67M 1.3k 53309.77
Microsoft Corporation (MSFT) 0.3 $64M 2.5k 25389.92
Oracle Corporation (ORCL) 0.3 $61M 1.8k 33432.62
Vanguard Energy ETF (VDE) 0.3 $59M 509.00 116730.84
Ishares S&p Midcap Value 400 etf 0.3 $59M 82k 714.38
Praxair 0.3 $56M 547.00 101599.63
Walt Disney Company (DIS) 0.3 $54M 1.3k 43090.04
McDonald's Corporation (MCD) 0.3 $51M 676.00 76090.24
Vanguard Financials ETF (VFH) 0.3 $52M 1.5k 33894.16
Vanguard FTSE All Wld Ex USSml Cap (VSS) 0.3 $51M 500.00 101930.00
Vanguard Total Stock Market ETF (VTI) 0.3 $48M 700.00 68710.00
SVB Financial (SIVBQ) 0.2 $46M 800.00 56930.00
Titanium Metals Corporation 0.2 $46M 2.5k 18579.89
Molson Coors Brewing Company (TAP) 0.2 $41M 864.00 46890.05
Intel Corporation (INTC) 0.2 $38M 1.9k 20180.09
EMC Corporation 0.2 $37M 1.4k 26560.14
Verizon Communications (VZ) 0.2 $36M 945.00 38539.68
Anadarko Pete Corp 0.2 $36M 437.00 81919.91
Xilinx 0.2 $33M 1.0k 32800.20
Allegheny Technologies Incorporated (ATI) 0.2 $34M 495.00 67719.19
T. Rowe Price (TROW) 0.2 $31M 472.00 66419.49
Schlumberger (SLB) 0.2 $32M 343.00 93259.48
Consumer Discretionary SPDR (XLY) 0.2 $31M 793.00 39050.44
Cnooc 0.2 $30M 120.00 253041.67
Stanley Black & Decker (SWK) 0.2 $30M 385.00 76600.00
ConocoPhillips (COP) 0.2 $30M 381.00 79860.89
eBay (EBAY) 0.2 $31M 988.00 31040.49
D Otelco Inc unit 99/99/9999 0.2 $29M 1.5k 19380.00
Norfolk Southern (NSC) 0.1 $28M 400.00 69270.00
Duke Energy Corporation 0.1 $28M 1.5k 18149.81
At&t (T) 0.1 $28M 898.00 30610.24
Reynolds American 0.1 $28M 795.00 35529.56
Health Care REIT 0.1 $28M 525.00 52440.00
Bp Plc-spons 0.1 $27M 618.00 44140.78
Marshall & Ilsley Corporation 0.1 $29M 3.6k 7989.92
KLA-Tencor Corporation (KLAC) 0.1 $27M 580.00 47320.69
BANK OF MONTREAL Cadcom 0.1 $28M 425.00 64981.18
Oneok (OKE) 0.1 $29M 430.00 66879.07
Chubb Corporation 0.1 $26M 430.00 61309.30
Ace Limited Cmn 0.1 $27M 411.00 64700.73
Home Depot (HD) 0.1 $25M 685.00 37059.85
Genuine Parts Company (GPC) 0.1 $27M 500.00 53640.00
Microchip Technology (MCHP) 0.1 $26M 685.00 38010.22
Darden Restaurants (DRI) 0.1 $26M 535.00 49130.84
TECO Energy 0.1 $26M 1.4k 18760.14
Cincinnati Financial Corporation (CINF) 0.1 $26M 785.00 32789.81
United Technologies Corporation 0.1 $27M 315.00 84650.79
PG&E Corporation (PCG) 0.1 $26M 594.00 44180.13
Abbott Laboratories 0.1 $26M 530.00 49050.94
Ventas (VTR) 0.1 $26M 480.00 54300.00
DTE Energy Company (DTE) 0.1 $26M 540.00 48959.26
TELUS Corporation 0.1 $26M 545.00 48489.91
ANALOG DEVICES INC COM Stk 0.1 $26M 660.00 39380.30
AMERICAN TOWER CORPORATION Cmn Class A 0.1 $25M 490.00 51820.41
Huntington Bancshares Incorporated (HBAN) 0.1 $25M 3.7k 6639.94
Bristol Myers Squibb (BMY) 0.1 $25M 944.00 26430.08
Cisco Systems (CSCO) 0.1 $25M 1.4k 17150.28
Emerson Electric (EMR) 0.1 $25M 427.00 58430.91
Millicom Intl Cellular S.a. S hs (TIGO) 0.1 $25M 260.00 96169.23
PPL Corporation (PPL) 0.1 $25M 996.00 25300.20
Southern Copper Corporation (SCCO) 0.1 $24M 605.00 40269.42
Tri-Continental Corporation (TY) 0.1 $25M 1.7k 14620.00
Carnival Corporation (CCL) 0.1 $22M 578.00 38359.86
Northrop Grumman Corporation (NOC) 0.1 $23M 360.00 62711.11
V.F. Corporation (VFC) 0.1 $23M 237.00 98531.65
Google 0.1 $22M 37.00 586756.76
Cypress Semiconductor Corporation 0.1 $23M 1.2k 19380.00
Talisman Energy Inc Com Stk 0.1 $23M 939.00 24699.68
Kinder Morgan Energy Partners 0.1 $22M 300.00 74090.00
UnitedHealth (UNH) 0.1 $21M 459.00 45200.44
Vanguard FTSE All-World ex-US ETF (VEU) 0.1 $20M 399.00 49320.80
Bk Of America Corp 0.1 $21M 1.6k 13330.22
Dominion Resources (D) 0.1 $18M 400.00 44700.00
Wells Fargo & Company (WFC) 0.1 $19M 591.00 31710.66
Windstream Corporation 0.1 $19M 1.5k 12879.89
Consolidated Communications Holdings (CNSL) 0.1 $19M 1.0k 18700.00
Inland Western Reit 0.1 $19M 2.7k 6850.15
E.I. du Pont de Nemours & Company 0.1 $17M 303.00 54970.30
iShares MSCI EAFE Index Fund (EFA) 0.1 $17M 289.00 60079.58
Nestle SA Reg Shs. Ser. B Spons (NSRGY) 0.1 $16M 283.00 57551.24
Varian Medical Systems 0.1 $16M 238.00 67638.66
Alcon 0.1 $17M 100.00 165510.00
JPMorgan Chase & Co. (JPM) 0.1 $15M 322.00 46099.38
Costco Wholesale Corporation (COST) 0.1 $15M 200.00 73320.00
Thermo Fisher Scientific (TMO) 0.1 $15M 265.00 55550.94
Energizer Holdings 0.1 $15M 209.00 71157.89
Halliburton Company (HAL) 0.1 $15M 292.00 49839.04
Texas Instruments Incorporated (TXN) 0.1 $16M 457.00 34560.18
priceline.com Incorporated 0.1 $15M 30.00 506433.33
Techne Corporation 0.1 $14M 200.00 71590.00
Edison International (EIX) 0.1 $15M 400.00 36590.00
Starwood Hotels & Resorts Worldwide 0.1 $16M 266.00 58120.30
Companhia de Bebidas das Americas 0.1 $14M 480.00 28310.42
Union Pacific Corporation (UNP) 0.1 $14M 137.00 98328.47
Qualcomm (QCOM) 0.1 $13M 232.00 54831.90
Biogen Idec (BIIB) 0.1 $12M 166.00 73469.88
Murphy Oil Corporation (MUR) 0.1 $13M 179.00 73418.99
FactSet Research Systems (FDS) 0.1 $12M 118.00 104728.81
Frontier Communications 0.1 $12M 1.5k 8219.95
Eaton Vance Risk Managed Diversified (ETJ) 0.1 $13M 1.0k 12820.00
United Development Funding Iii 0.1 $13M 635.00 20000.00
MasterCard Incorporated (MA) 0.1 $11M 44.00 251727.27
Cerner Corporation 0.1 $12M 216.00 55601.85
McGraw-Hill Companies 0.1 $10M 265.00 39400.00
Transocean (RIG) 0.1 $11M 139.00 77949.64
International Paper Company (IP) 0.1 $10M 341.00 30178.89
Hewlett-Packard Company 0.1 $12M 292.00 40969.18
Maxim Integrated Products 0.1 $11M 436.00 25600.92
Occidental Petroleum Corporation (OXY) 0.1 $11M 106.00 104490.57
Danaher Corporation (DHR) 0.1 $11M 212.00 51900.94
PNC Financial Services (PNC) 0.1 $8.7M 138.00 62992.75
Peabody Energy Corporation 0.1 $8.9M 124.00 71959.68
Curtiss-Wright (CW) 0.1 $9.0M 257.00 35140.08
Trimble Navigation (TRMB) 0.1 $9.7M 192.00 50541.67
Ultra Petroleum 0.1 $9.5M 193.00 49248.70
Red Hat 0.1 $9.8M 215.00 45390.70
Deere & Company (DE) 0.1 $8.8M 91.00 96890.11
Hess (HES) 0.1 $9.7M 114.00 85210.53
Freeport-McMoRan Copper & Gold (FCX) 0.1 $9.3M 168.00 55547.62
Henry Schein (HSIC) 0.1 $9.5M 135.00 70170.37
Hansen Natural Corporation 0.1 $9.2M 153.00 60228.76
Yahoo! 0.1 $10M 600.00 16680.00
Broadcom Corporation 0.1 $8.5M 215.00 39381.40
Jabil Circuit (JBL) 0.1 $8.5M 418.00 20430.62
MetLife (MET) 0.1 $9.3M 209.00 44732.06
Allergan Inc Com Stk 0.1 $9.5M 134.00 71022.39
Alcoa 0.1 $9.1M 516.00 17660.85
Cognizant Technology Solutions (CTSH) 0.0 $7.1M 87.00 81402.30
Citrix Systems 0.0 $7.7M 105.00 73457.14
Newell Rubbermaid (NWL) 0.0 $6.7M 352.00 19130.68
Directv 0.0 $6.8M 145.00 46800.00
Nike (NKE) 0.0 $6.9M 91.00 75703.30
Staples 0.0 $7.8M 403.00 19419.35
TJX Companies (TJX) 0.0 $7.4M 148.00 49729.73
Pioneer Floating Rate Trust (PHD) 0.0 $6.7M 500.00 13340.00
Express Scripts 0.0 $8.1M 146.00 55609.59
Ralcorp Holdings 0.0 $6.9M 101.00 68425.74
Flowserve Corporation (FLS) 0.0 $7.9M 61.00 128803.28
MFA Mortgage Investments 0.0 $8.2M 1.0k 8200.00
Apache Corp Com Stk 0.0 $6.8M 52.00 130923.08
Valeant Pharmaceuticals Int 0.0 $6.9M 138.00 49811.59
Suntech Power Holdings 0.0 $5.9M 600.00 9860.00
Time Warner 0.0 $6.5M 183.00 35699.45
Corning Incorporated (GLW) 0.0 $5.7M 277.00 20631.77
Goldman Sachs (GS) 0.0 $6.5M 41.00 158609.76
Ecolab (ECL) 0.0 $6.2M 121.00 51016.53
Wal-Mart Stores (WMT) 0.0 $4.9M 95.00 52052.63
Eli Lilly & Co. (LLY) 0.0 $5.3M 150.00 35173.33
Eastman Chemical Company (EMN) 0.0 $5.0M 100.00 49660.00
Merck & Co (MRK) 0.0 $5.3M 162.00 33012.35
Walgreen Company 0.0 $4.9M 121.00 40140.50
Citi 0.0 $6.5M 1.5k 4420.34
Accenture (ACN) 0.0 $5.6M 102.00 54970.59
First Industrial Realty Trust (FR) 0.0 $5.9M 500.00 11890.00
Fifth Third Ban (FITB) 0.0 $5.1M 367.00 13885.56
Prudential Financial (PRU) 0.0 $5.4M 88.00 61579.55
Herbalife Ltd Com Stk (HLF) 0.0 $5.8M 142.00 40683.10
Ingersoll-rand Co Ltd-cl A 0.0 $6.5M 135.00 48311.11
ARGO GROUP INTERNATIONAL Holdi Com Stk 0.0 $6.5M 198.00 33040.40
Celgene Corporation 0.0 $5.6M 97.00 57577.32
PowerShares QQQ Trust, Series 1 0.0 $5.7M 99.00 57636.36
AECOM Technology Corporation (ACM) 0.0 $5.2M 186.00 27731.18
Abb Ltd- 0.0 $6.0M 248.00 24189.52
Applied Materials 0.0 $6.2M 400.00 15620.00
Best Buy 0.0 $6.1M 213.00 28718.31
Bhp Billitltd-sp 0.0 $5.8M 60.00 95883.33
Agco Corp Com Usd0.01 0.0 $6.2M 113.00 54973.45
Time Warner Cable 0.0 $2.9M 41.00 71341.46
State Street Corporation (STT) 0.0 $2.8M 63.00 44936.51
Principal Financial (PFG) 0.0 $3.2M 99.00 32111.11
Legg Mason 0.0 $2.9M 79.00 36088.61
Waste Management (WM) 0.0 $4.4M 118.00 37338.98
Family Dollar Stores 0.0 $3.8M 75.00 51320.00
Harris Corporation 0.0 $3.5M 70.00 49600.00
Pepsi (PEP) 0.0 $2.9M 45.00 64400.00
Target Corporation (TGT) 0.0 $3.3M 65.00 50015.38
Aflac 0.0 $4.4M 83.00 52783.13
Dolby Laboratories (DLB) 0.0 $4.3M 87.00 49206.90
Key (KEY) 0.0 $3.0M 335.00 8880.60
Guess? (GES) 0.0 $4.4M 112.00 39348.21
JDS Uniphase Corporation 0.0 $4.3M 206.00 20839.81
Elan Corporation 0.0 $3.0M 430.00 6879.07
McDermott International 0.0 $3.2M 128.00 25390.62
Avon Prods Inc Com Stk 0.0 $3.2M 118.00 27042.37
Amgen 0.0 $3.3M 61.00 53442.62
iShares MSCI Pacific ex-Japan Idx (EPP) 0.0 $3.7M 77.00 48311.69
iShares S&P NA Tech. Sec. Idx (IGM) 0.0 $3.7M 58.00 62982.76
Vanguard Industrials ETF (VIS) 0.0 $3.8M 54.00 70370.37
Advanced Cell Technology 0.0 $3.7M 20k 183.00
Covidien 0.0 $3.9M 76.00 51934.21
Petroleo Brasileiro SA (PBR) 0.0 $1.3M 32.00 40437.50
Ameriprise Financial (AMP) 0.0 $2.6M 42.00 61071.43
FedEx Corporation (FDX) 0.0 $1.1M 12.00 93583.33
Pfizer (PFE) 0.0 $2.0M 100.00 20310.00
Travelers Companies (TRV) 0.0 $2.4M 40.00 59475.00
Western Digital (WDC) 0.0 $2.4M 64.00 37296.88
Telefonaktiebolaget LM Ericsson (ERIC) 0.0 $1.1M 86.00 12860.47
Gap (GPS) 0.0 $2.4M 106.00 22660.38
Gilead Sciences (GILD) 0.0 $1.5M 36.00 42472.22
Graphic Packaging Holding Company (GPK) 0.0 $1.8M 332.00 5418.67
United States Steel Corporation (X) 0.0 $1.6M 30.00 53933.33
Kinross Gold Corp (KGC) 0.0 $1.9M 119.00 15747.90
Babcock & Wilcox 0.0 $2.1M 64.00 33375.00
Borgwarner 0.0 $1.7M 21.00 79666.67
Avalonbay Cmntys 0.0 $1.2M 10.00 120100.00
Huntington Ingalls Inds (HII) 0.0 $2.4M 58.00 41500.00
E TRADE Financial Corporation 0.0 $782k 50.00 15640.00
U.S. Bancorp (USB) 0.0 $53k 2.00 26500.00
Spectra Energy 0.0 $680k 25.00 27200.00
Teradata Corporation (TDC) 0.0 $608k 12.00 50666.67
NCR Corporation (VYX) 0.0 $226k 12.00 18833.33
LSI Corporation 0.0 $41k 6.00 6833.33
Starbucks Corporation (SBUX) 0.0 $739k 20.00 36950.00
Sirius XM Radio 0.0 $825k 500.00 1650.00
OfficeMax Incorporated 0.0 $932k 72.00 12944.44
Fairpoint Communications 0.0 $0 1.00 0.00
Alcatel-lucent 0.0 $139k 24.00 5791.67
Highlands Insurance 0.0 $0 30.00 0.00
Smurfit-stone Container Corp 0.0 $116k 3.00 38666.67
RELM Wireless Corporation 0.0 $264k 166.00 1590.36
Touch America Holding 0.0 $0 1.6k 0.00
American Bank Holdings 0.0 $0 5.8k 0.00
Smurfit-stone Container Corp E 0.0 $0 396.00 0.00
Trans World Airls Inc Com Par 0.0 $0 400.00 0.00