Polaris Equity Management

Polaris Equity Management as of June 30, 2012

Portfolio Holdings for Polaris Equity Management

Polaris Equity Management holds 211 positions in its portfolio as reported in the June 2012 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
iShares Lehman 1-3 Year Treas.Bond (SHY) 13.5 $7.2B 85k 84369.99
iShares S&P SmallCap 600 Value Idx (IJS) 12.4 $6.6B 89k 74330.00
iShares S&P 500 Value Index (IVE) 11.5 $6.1B 98k 62280.00
SPDR S&P Oil & Gas Explore & Prod. 9.1 $4.8B 96k 50400.00
SPDR S&P Metals and Mining (XME) 7.1 $3.8B 91k 41430.00
SPDR Barclays Capital High Yield B 6.1 $3.3B 83k 39460.01
Apple Computer 3.6 $1.9B 3.3k 584000.00
Acacia Resh Corp acacia tch 3.5 $1.8B 49k 37240.00
Vanguard Emerging Markets ETF (VWO) 2.5 $1.4B 34k 39929.99
iShares S&P/Citi Intl Treasury Bond (IGOV) 1.4 $723M 7.4k 98229.96
Microsoft Corporation (MSFT) 1.2 $661M 22k 30589.98
Vanguard Dividend Appreciation ETF (VIG) 1.2 $653M 12k 56689.96
PowerShares Build America Bond Portfolio 1.2 $635M 21k 29700.00
Wisdomtree Tr em lcl debt (ELD) 1.0 $522M 10k 50620.00
Exxon Mobil Corporation (XOM) 0.9 $463M 5.4k 85569.98
International Business Machines (IBM) 0.8 $427M 2.2k 195580.13
Intel Corporation (INTC) 0.7 $394M 15k 26649.98
Alpha & Omega Semiconductor (AOSL) 0.7 $366M 40k 9150.00
Vanguard Total Bond Market ETF (BND) 0.6 $317M 3.8k 84380.13
Vanguard Mid-Cap Growth ETF (VOT) 0.6 $297M 4.6k 64369.96
At&t (T) 0.6 $291M 8.1k 35660.00
Berkshire Hath-cl B 0.5 $281M 3.4k 83330.07
Chevron Corporation (CVX) 0.5 $249M 2.4k 105500.00
McDonald's Corporation (MCD) 0.4 $218M 2.5k 88530.08
Pitney Bowes (PBI) 0.4 $206M 14k 14969.97
Vanguard Intermediate Tm Cpte Bd ETF (VCIT) 0.4 $207M 2.4k 85209.98
Freeport-McMoRan Copper & Gold (FCX) 0.4 $202M 5.9k 34069.98
iShares FTSE KLD Select Scil Idx (SUSA) 0.4 $200M 3.5k 57070.00
Procter & Gamble Company (PG) 0.4 $195M 3.2k 61250.08
iShares FTSE KLD 400 Social Idx (DSI) 0.4 $197M 4.0k 49311.00
Federated Investors (FHI) 0.4 $192M 8.8k 21850.06
BANK NEW YORK MELLON Corp Com Stk 0.4 $191M 8.7k 21949.95
Hartford Financial Services (HIG) 0.3 $186M 11k 17630.00
Southern Copper Corporation (SCCO) 0.3 $187M 5.9k 31509.92
Vanguard Small-Cap Growth ETF (VBK) 0.3 $185M 2.2k 83769.96
Applied Materials 0.3 $189M 17k 11445.00
Hudson City Ban 0.3 $174M 27k 6369.99
Verizon Communications (VZ) 0.3 $176M 4.0k 44440.04
ConocoPhillips (COP) 0.3 $168M 3.0k 55879.87
Cliffs Natural Resources 0.3 $169M 3.4k 49289.96
Johnson & Johnson (JNJ) 0.3 $165M 2.4k 67560.07
Hewlett-Packard Company 0.3 $163M 8.1k 20110.04
Vanguard Short-Term Bond ETF (BSV) 0.3 $165M 2.0k 81129.99
Vanguard Long Term Corporate Bond ETF (VCLT) 0.3 $167M 1.9k 89266.06
CSX Corporation (CSX) 0.3 $162M 7.2k 22360.01
SPDR Gold Trust (GLD) 0.3 $159M 1.0k 155190.06
Bk Of Hawaii Corp 0.3 $161M 3.5k 45950.14
Valero Energy Corporation (VLO) 0.3 $152M 6.3k 24150.00
Google 0.3 $155M 267.00 580071.16
UIL Holdings Corporation 0.3 $148M 4.1k 35859.99
Vanguard Mid-Cap Value ETF (VOE) 0.3 $150M 2.7k 54960.15
Molson Coors Brewing Company (TAP) 0.3 $141M 3.4k 41610.03
DTE Energy Company (DTE) 0.3 $144M 2.4k 59330.04
PPL Corporation (PPL) 0.3 $136M 4.9k 27809.94
Eli Lilly & Co. (LLY) 0.2 $133M 3.1k 42909.94
United Parcel Service (UPS) 0.2 $125M 1.6k 78759.75
Safeway 0.2 $126M 7.0k 18150.00
Public Service Enterprise (PEG) 0.2 $130M 4.0k 32500.13
L-3 Communications Holdings 0.2 $128M 1.7k 74009.83
Murphy Oil Corporation (MUR) 0.2 $124M 2.5k 50289.88
Huntsman Corporation (HUN) 0.2 $120M 9.3k 12940.03
Vanguard Small-Cap Value ETF (VBR) 0.2 $123M 1.8k 68199.89
Vanguard Mega Cap 300 Growth Index ETF (MGK) 0.2 $121M 2.3k 53240.19
J Global (ZD) 0.2 $120M 4.5k 26420.07
Clorox Company (CLX) 0.2 $119M 1.6k 72459.94
Parker-Hannifin Corporation (PH) 0.2 $110M 1.4k 76880.14
Waddell & Reed Financial 0.2 $107M 3.5k 30280.00
Vanguard Pacific ETF (VPL) 0.2 $104M 2.1k 50120.00
Broadridge Financial Solutions (BR) 0.2 $100M 4.7k 21270.07
Vanguard Mortgage Bkd Sects ETF (VMBS) 0.2 $89M 1.7k 52340.24
Vanguard Short Term Corporate Bond ETF (VCSH) 0.2 $87M 1.1k 79149.59
Lincare Holdings 0.1 $82M 2.4k 34019.83
General Electric Company 0.1 $74M 3.5k 20839.99
Molex Incorporated 0.1 $74M 3.1k 23939.94
Union Pacific Corporation (UNP) 0.1 $76M 637.00 119309.26
McKesson Corporation (MCK) 0.1 $75M 803.00 93749.69
Vanguard Financials ETF (VFH) 0.1 $73M 2.3k 31060.13
Vanguard Information Technology ETF (VGT) 0.1 $76M 1.1k 68729.83
Vanguard Health Care ETF (VHT) 0.1 $77M 1.1k 68890.09
Vanguard Energy ETF (VDE) 0.1 $73M 750.00 97290.67
Pfizer (PFE) 0.1 $67M 2.9k 23000.00
Hillenbrand (HI) 0.1 $68M 3.7k 18380.14
Merck & Co (MRK) 0.1 $67M 1.6k 41749.84
Morgan Stanley (MS) 0.1 $63M 4.3k 14589.96
Buckeye Partners 0.1 $63M 1.2k 52170.00
Wal-Mart Stores (WMT) 0.1 $56M 809.00 69719.41
Bristol Myers Squibb (BMY) 0.1 $58M 1.6k 35950.00
Vanguard Utilities ETF (VPU) 0.1 $61M 770.00 78510.39
Occidental Petroleum Corporation (OXY) 0.1 $52M 604.00 85769.87
JPMorgan Chase & Co. (JPM) 0.1 $47M 1.3k 35729.95
Oracle Corporation (ORCL) 0.1 $48M 1.6k 29700.00
Vanguard Total Stock Market ETF (VTI) 0.1 $49M 700.00 69700.00
Annaly C 0.1 $47M 2.8k 16780.00
Dominion Resources (D) 0.1 $41M 767.00 54000.00
Windstream Corporation 0.1 $43M 4.5k 9659.97
PG&E Corporation (PCG) 0.1 $39M 863.00 45269.99
EMC Corporation 0.1 $36M 1.4k 25629.89
Caterpillar (CAT) 0.1 $34M 400.00 84910.00
Walt Disney Company (DIS) 0.1 $29M 604.00 48500.00
T. Rowe Price (TROW) 0.1 $30M 472.00 62959.75
V.F. Corporation (VFC) 0.1 $32M 237.00 133451.48
Praxair 0.1 $29M 266.00 108729.32
Comcast Corporation (CMCSA) 0.0 $22M 672.00 31970.24
Cnooc 0.0 $20M 100.00 201250.00
Taiwan Semiconductor Mfg (TSM) 0.0 $22M 1.6k 13960.23
Cisco Systems (CSCO) 0.0 $22M 1.3k 17170.00
Wells Fargo & Company (WFC) 0.0 $20M 591.00 33439.93
Nordstrom (JWN) 0.0 $20M 400.00 49690.00
E.I. du Pont de Nemours & Company 0.0 $20M 400.00 50570.00
Emerson Electric (EMR) 0.0 $20M 427.00 46580.80
Olin Corporation (OLN) 0.0 $21M 1.0k 20889.55
Ford Motor Company (F) 0.0 $19M 2.0k 9590.16
Southern Company (SO) 0.0 $19M 413.00 46300.24
priceline.com Incorporated 0.0 $20M 30.00 664533.33
Kinder Morgan Energy Partners 0.0 $24M 300.00 78580.00
Amazon 0.0 $23M 100.00 228350.00
Tri-Continental Corporation (TY) 0.0 $24M 1.5k 15470.13
TCW Strategic Income Fund (TSI) 0.0 $22M 4.2k 5199.90
iShares S&P Moderate Allocation Fund ETF (AOM) 0.0 $19M 609.00 30609.20
Thermo Fisher Scientific (TMO) 0.0 $14M 265.00 51909.43
Novartis (NVS) 0.0 $16M 292.00 55900.68
Energizer Holdings 0.0 $16M 209.00 75248.80
Bp Plc-spons 0.0 $17M 412.00 40538.83
New York Community Ban (NYCB) 0.0 $14M 1.1k 12529.88
J.M. Smucker Company (SJM) 0.0 $15M 204.00 75519.61
Varian Medical Systems 0.0 $15M 238.00 60768.91
Yahoo! 0.0 $16M 1.0k 15830.00
Edison International (EIX) 0.0 $19M 400.00 46200.00
Consolidated Communications Holdings (CNSL) 0.0 $15M 1.0k 14800.00
Life Partners Holdings 0.0 $16M 7.5k 2130.00
Vanguard FTSE All-World ex-US ETF (VEU) 0.0 $16M 399.00 40979.95
Bk Of America Corp 0.0 $14M 1.8k 8180.06
U.S. Bancorp (USB) 0.0 $10M 312.00 32160.26
Home Depot (HD) 0.0 $11M 200.00 52990.00
Coach 0.0 $12M 200.00 58480.00
Campbell Soup Company (CPB) 0.0 $10M 300.00 33380.00
Yum! Brands (YUM) 0.0 $12M 192.00 64421.88
Red Hat 0.0 $12M 215.00 56479.07
Plum Creek Timber 0.0 $12M 300.00 39700.00
Colgate-Palmolive Company (CL) 0.0 $10M 100.00 104100.00
Nike (NKE) 0.0 $8.8M 100.00 87780.00
Qualcomm (QCOM) 0.0 $13M 232.00 55681.03
FactSet Research Systems (FDS) 0.0 $11M 118.00 92940.68
Zimmer Holdings (ZBH) 0.0 $10M 160.00 64362.50
First Horizon National Corporation (FHN) 0.0 $11M 1.3k 8650.00
United States Steel Corporation (X) 0.0 $13M 635.00 20600.00
Allergan Inc Com Stk 0.0 $12M 134.00 92567.16
iShares IBoxx $ Invest Grade Corp Bd (LQD) 0.0 $8.2M 70.00 117585.71
iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) 0.0 $11M 100.00 104710.00
Eaton Vance Risk Managed Diversified (ETJ) 0.0 $10M 1.0k 10250.00
ING Global Advantage & Prem. Opprt. Fund 0.0 $11M 936.00 11259.62
D Otelco Inc unit 99/99/9999 0.0 $11M 1.5k 7209.33
Citigroup (C) 0.0 $8.1M 294.00 27411.56
Express Scripts Holding 0.0 $8.7M 155.00 55832.26
Phillips 66 (PSX) 0.0 $8.3M 250.00 33240.00
Monsanto Company 0.0 $2.8M 34.00 82794.12
Waste Management (WM) 0.0 $3.3M 100.00 33400.00
Transocean (RIG) 0.0 $6.2M 139.00 44726.62
Whirlpool Corporation (WHR) 0.0 $3.2M 53.00 61150.94
Altria (MO) 0.0 $6.9M 200.00 34550.00
Pepsi (PEP) 0.0 $7.1M 100.00 70660.00
Exelon Corporation (EXC) 0.0 $3.8M 100.00 37620.00
Kellogg Company (K) 0.0 $4.9M 100.00 49330.00
Frontier Communications 0.0 $5.7M 1.5k 3830.00
Xcel Energy (XEL) 0.0 $2.8M 100.00 28410.00
Chesapeake Energy Corporation 0.0 $5.6M 300.00 18600.00
Elan Corporation 0.0 $6.3M 430.00 14590.70
MFA Mortgage Investments 0.0 $7.9M 1.0k 7890.00
iShares S&P 500 Growth Index (IVW) 0.0 $6.1M 83.00 73506.02
iShares S&P MidCap 400 Growth (IJK) 0.0 $7.8M 74.00 105864.86
iShares MSCI Pacific ex-Japan Idx (EPP) 0.0 $3.1M 77.00 40753.25
DWS High Income Trust 0.0 $3.6M 350.00 10251.43
Gabelli Equity Trust (GAB) 0.0 $7.3M 1.4k 5380.32
iShares S&P MidCap 400 Value Index (IJJ) 0.0 $6.6M 81.00 81617.28
John Hancock Preferred Income Fund III (HPS) 0.0 $7.6M 400.00 18970.00
SPDR Barclays Capital Convertible SecETF (CWB) 0.0 $4.5M 120.00 37558.33
MFS Multimarket Income Trust (MMT) 0.0 $5.0M 708.00 7100.28
Total S A 0.0 $4.5M 100.00 44950.00
Acacia Research Aug 37.500 option 0.0 $2.9M 10.00 290000.00
Facebook Inc cl a (META) 0.0 $6.2M 200.00 31095.00
E TRADE Financial Corporation 0.0 $402k 50.00 8040.00
Time Warner Cable 0.0 $328k 4.00 82000.00
Time Warner 0.0 $616k 16.00 38500.00
Genworth Financial (GNW) 0.0 $453k 80.00 5662.50
Discover Financial Services (DFS) 0.0 $899k 26.00 34576.92
Office Depot 0.0 $1.1M 500.00 2160.00
Cadence Design Systems (CDNS) 0.0 $2.2M 200.00 10990.00
Aol 0.0 $28k 1.00 28000.00
Nortel Networks Corporation 0.0 $0 40.00 0.00
CombiMatrix Corporation (CBMX) 0.0 $2.3M 2.7k 850.15
iShares MSCI Mexico Inv. Mt. Idx. (EWW) 0.0 $1.5M 25.00 61440.00
Highlands Insurance 0.0 $0 10.00 0.00
Gabelli Utility Trust (GUT) 0.0 $1.2M 145.00 7993.10
MUTUAL FUND Gabelli Healthcare & Wellnessr*x (GRX) 0.0 $571k 68.00 8397.06
SPDR Barclays Capital Intl Tresy Bd ETF (BWX) 0.0 $2.4M 40.00 59125.00
Vanguard Materials ETF (VAW) 0.0 $1.2M 15.00 77733.33
Enerplus Corp (ERF) 0.0 $2.6M 201.00 12870.65
Alcoa 0.0 $1.5M 175.00 8748.57
Travelers Companies 0.0 $830k 13.00 63846.15
Aberdeen Asia Pacific Incom 0.0 $2.5M 330.00 7639.39
Amer Intl Grp Com Usd2.50 0.0 $1.7M 54.00 32092.59
Touch America Holding 0.0 $0 800.00 0.00
American Intl Grp Wts 19/01/21 0.0 $289k 28.00 10321.43
Mediswipe 0.0 $12k 6.4k 1.88
Alj Regional Hldgs 0.0 $430k 1.0k 430.00
American Bank Holdings 0.0 $0 5.8k 0.00
Impact Fusion Intl 0.0 $5.0k 1.3k 3.73
Vsus Technologies 0.0 $44k 2.5k 17.94
Powerwave Technologies 0.0 $4.0k 6.00 666.67
Entertainment Games 0.0 $2.3M 48k 47.99
American Sierra Gold 0.0 $10k 500.00 20.00