Polaris Equity Management

Polaris Equity Management as of Sept. 30, 2012

Portfolio Holdings for Polaris Equity Management

Polaris Equity Management holds 162 positions in its portfolio as reported in the September 2012 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
iShares S&P SmallCap 600 Value Idx (IJS) 12.2 $7.2B 91k 79000.00
iShares S&P 500 Value Index (IVE) 10.9 $6.4B 98k 65790.00
SPDR S&P Oil & Gas Explore & Prod. 9.1 $5.4B 97k 55690.00
SPDR S&P Metals and Mining (XME) 7.0 $4.1B 95k 43515.00
iShares Dow Jones US Consumer Ser. (IYC) 5.7 $3.4B 39k 86520.00
iShares Dow Jones US Pharm Indx (IHE) 5.5 $3.2B 36k 89629.99
Consumer Staples Select Sect. SPDR (XLP) 5.4 $3.2B 90k 35825.00
iShares S&P NA Tec.-SW. Idx. Fund (IGV) 5.3 $3.2B 50k 63700.00
Apple (AAPL) 2.9 $1.7B 2.6k 667104.83
Acacia Research Corporation (ACTG) 2.2 $1.3B 48k 27409.99
Vanguard Emerging Markets ETF (VWO) 2.2 $1.3B 32k 41720.01
SPDR Barclays Capital High Yield B 2.0 $1.2B 29k 40210.00
PowerShares Build America Bond Portfolio 1.2 $704M 23k 30060.00
Wisdomtree Tr em lcl debt (ELD) 0.9 $556M 11k 52309.98
Exxon Mobil Corporation (XOM) 0.8 $479M 5.2k 91450.09
Microsoft Corporation (MSFT) 0.7 $408M 14k 29760.00
At&t (T) 0.7 $396M 11k 37700.00
McDonald's Corporation (MCD) 0.7 $383M 4.2k 91749.94
Bank of New York Mellon Corporation (BK) 0.6 $374M 17k 22620.01
Applied Materials (AMAT) 0.6 $373M 33k 11165.00
Federated Investors (FHI) 0.6 $356M 17k 20689.98
West Pharmaceutical Services (WST) 0.6 $356M 6.7k 53069.99
International Business Machines (IBM) 0.6 $351M 1.7k 207450.09
Wal-Mart Stores (WMT) 0.6 $329M 4.5k 73799.96
Abbott Laboratories (ABT) 0.6 $331M 4.8k 68559.96
SYSCO Corporation (SYY) 0.6 $330M 11k 31270.02
Illinois Tool Works (ITW) 0.5 $322M 5.4k 59470.06
Intel Corporation (INTC) 0.5 $317M 14k 22655.00
PPL Corporation (PPL) 0.5 $315M 11k 29049.97
Bank of Hawaii Corporation (BOH) 0.5 $303M 6.6k 45620.07
Alpha & Omega Semiconductor (AOSL) 0.5 $301M 35k 8610.00
Berkshire Hathaway (BRK.B) 0.5 $293M 3.3k 88200.00
CSX Corporation (CSX) 0.5 $288M 14k 20750.02
Travelers Companies (TRV) 0.5 $288M 4.2k 68260.02
Marathon Petroleum Corp (MPC) 0.5 $292M 5.4k 54590.09
Home Depot (HD) 0.5 $282M 4.7k 60370.02
RPM International (RPM) 0.5 $283M 9.9k 28540.03
Allstate Corporation (ALL) 0.5 $285M 7.2k 39610.01
SPDR Gold Trust (GLD) 0.5 $283M 1.6k 171890.10
iShares S&P US Pref Stock Idx Fnd (PFF) 0.5 $287M 7.2k 39860.04
Western Union Company (WU) 0.5 $281M 15k 18220.01
Target Corporation (TGT) 0.5 $274M 4.3k 63470.07
Ca 0.5 $276M 11k 25765.03
American Eagle Outfitters (AEO) 0.5 $268M 13k 21080.00
Chevron Corporation (CVX) 0.4 $263M 2.3k 116560.18
Altria (MO) 0.4 $261M 7.8k 33389.94
J Global (ZD) 0.4 $264M 8.0k 32820.00
Valero Energy Corporation (VLO) 0.4 $255M 8.0k 31679.99
Huntsman Corporation (HUN) 0.4 $254M 17k 14929.99
Autoliv (ALV) 0.4 $247M 4.0k 61970.11
Dover Corporation (DOV) 0.4 $249M 4.2k 59490.08
KLA-Tencor Corporation (KLAC) 0.4 $251M 5.3k 47705.03
AFLAC Incorporated (AFL) 0.4 $240M 5.0k 47880.01
Molson Coors Brewing Company (TAP) 0.4 $235M 5.2k 45050.10
Molex Incorporated 0.4 $230M 8.7k 26279.99
Parker-Hannifin Corporation (PH) 0.4 $234M 2.8k 83579.96
Procter & Gamble Company (PG) 0.4 $213M 3.1k 69360.00
Guess? (GES) 0.4 $212M 8.3k 25420.06
Waddell & Reed Financial 0.3 $190M 5.8k 32770.07
Broadridge Financial Solutions (BR) 0.3 $183M 7.8k 23329.97
Vanguard Mid-Cap Growth ETF (VOT) 0.3 $161M 2.4k 67750.21
Vanguard Total Bond Market ETF (BND) 0.3 $153M 1.8k 85149.83
Vanguard Intermediate Tm Cpte Bd ETF (VCIT) 0.2 $119M 1.4k 87670.35
Johnson & Johnson (JNJ) 0.2 $114M 1.6k 68910.25
Vanguard Short-Term Bond ETF (BSV) 0.2 $93M 1.1k 81449.91
Vanguard Mid-Cap Value ETF (VOE) 0.2 $92M 1.6k 57930.28
Vanguard Long Term Corporate Bond ETF (VCLT) 0.2 $97M 1.0k 92950.00
Vanguard Small-Cap Value ETF (VBR) 0.1 $92M 1.3k 71900.31
Vanguard Mega Cap 300 Growth Index ETF (MGK) 0.1 $92M 1.6k 56859.89
iShares FTSE KLD Select Scil Idx (SUSA) 0.1 $81M 1.4k 59930.37
iShares FTSE KLD 400 Social Idx (DSI) 0.1 $78M 1.5k 52104.67
General Electric Company 0.1 $69M 3.0k 22710.04
Morgan Stanley (MS) 0.1 $73M 4.3k 16739.92
McKesson Corporation (MCK) 0.1 $69M 803.00 86029.89
Vanguard Small-Cap Growth ETF (VBK) 0.1 $65M 735.00 88239.46
Vanguard Pacific ETF (VPL) 0.1 $60M 1.2k 50359.83
Occidental Petroleum Corporation (OXY) 0.1 $52M 604.00 86059.60
PowerShares DB US Dollar Index Bullish 0.1 $50M 2.3k 21920.00
Vanguard Mortgage Bkd Sects ETF (VMBS) 0.1 $51M 965.00 52869.43
Siemens (SIEGY) 0.1 $50M 500.00 100150.00
Vanguard Information Technology ETF (VGT) 0.1 $46M 623.00 73399.68
Vanguard Health Care ETF (VHT) 0.1 $46M 630.00 73209.52
Vanguard Short Term Corporate Bond ETF (VCSH) 0.1 $50M 616.00 80329.55
V.F. Corporation (VFC) 0.1 $38M 237.00 159358.65
Vanguard Utilities ETF (VPU) 0.1 $34M 430.00 77979.07
Vanguard Consumer Staples ETF (VDC) 0.1 $33M 365.00 91580.82
Walt Disney Company (DIS) 0.1 $32M 604.00 52279.80
T. Rowe Price (TROW) 0.1 $30M 472.00 63300.85
Praxair 0.1 $28M 266.00 103879.70
Google 0.1 $28M 37.00 754513.51
Navios Maritime Partners 0.1 $30M 2.0k 14820.00
Omega Healthcare Investors (OHI) 0.1 $27M 1.2k 22730.00
Dominion Resources (D) 0.0 $21M 400.00 52940.00
PG&E Corporation (PCG) 0.0 $25M 594.00 42670.03
EMC Corporation 0.0 $25M 905.00 27269.61
Kinder Morgan Energy Partners 0.0 $25M 300.00 82500.00
Us Natural Gas Fd Etf 0.0 $21M 1.0k 21340.00
Cnooc 0.0 $20M 100.00 202730.00
Union Pacific Corporation (UNP) 0.0 $16M 137.00 118700.73
Wells Fargo & Company (WFC) 0.0 $20M 591.00 34529.61
Emerson Electric (EMR) 0.0 $21M 427.00 48269.32
Thermo Fisher Scientific (TMO) 0.0 $16M 265.00 58830.19
Novartis (NVS) 0.0 $18M 292.00 61260.27
Energizer Holdings 0.0 $16M 209.00 74607.66
Ford Motor Company (F) 0.0 $19M 2.0k 9860.14
Windstream Corporation 0.0 $15M 1.5k 10089.74
Linn Energy 0.0 $17M 400.00 41240.00
priceline.com Incorporated 0.0 $19M 30.00 619066.67
Edison International (EIX) 0.0 $18M 400.00 45690.00
Consolidated Communications Holdings (CNSL) 0.0 $17M 1.0k 17190.00
Life Partners Holdings 0.0 $20M 7.5k 2700.00
Teekay Lng Partners 0.0 $19M 500.00 37620.00
American Capital Agency 0.0 $17M 500.00 34600.00
iShares Brclys Intrdte Gov/Crt Bd (GVI) 0.0 $19M 165.00 113090.91
iShares Lehman MBS Bond Fund (MBB) 0.0 $18M 166.00 109162.65
iShares S&P Moderate Allocation Fund ETF (AOM) 0.0 $19M 609.00 31579.64
Citigroup (C) 0.0 $16M 500.00 32720.00
JPMorgan Chase & Co. (JPM) 0.0 $13M 322.00 40481.37
Red Hat 0.0 $12M 215.00 56939.53
Allergan 0.0 $12M 134.00 91582.09
Philip Morris International (PM) 0.0 $9.0M 100.00 89940.00
Qualcomm (QCOM) 0.0 $15M 232.00 62469.83
FactSet Research Systems (FDS) 0.0 $11M 118.00 96423.73
Varian Medical Systems 0.0 $14M 238.00 60319.33
Vanguard Growth ETF (VUG) 0.0 $10M 142.00 72401.41
Vanguard Value ETF (VTV) 0.0 $10M 173.00 58722.54
Eaton Vance Risk Managed Diversified (ETJ) 0.0 $11M 1.0k 10530.00
Bank of America Corporation (BAC) 0.0 $8.8M 1.0k 8830.00
Spdr S&p 500 Etf (SPY) 0.0 $4.3M 30.00 143966.67
Transocean (RIG) 0.0 $6.2M 139.00 44892.09
iShares MSCI EAFE Index Fund (EFA) 0.0 $4.5M 84.00 53000.00
Yahoo! 0.0 $4.8M 300.00 15976.67
Elan Corporation 0.0 $4.6M 430.00 10720.93
MFA Mortgage Investments 0.0 $8.5M 1.0k 8500.00
iShares S&P MidCap 400 Growth (IJK) 0.0 $3.9M 35.00 111971.43
SPDR Barclays Capital Intl Tresy Bd ETF (BWX) 0.0 $5.9M 95.00 61589.47
iShares JPMorgan USD Emer Mkt Bnd Fd ETF (EMB) 0.0 $4.2M 35.00 121257.14
iShares S&P MidCap 400 Value Index (IJJ) 0.0 $4.3M 50.00 85020.00
ProShares UltraShort Euro (EUO) 0.0 $8.0M 400.00 20120.00
Time Warner Cable 0.0 $380k 4.00 95000.00
Time Warner 0.0 $725k 16.00 45312.50
Discover Financial Services (DFS) 0.0 $1.0M 26.00 39730.77
Cadence Design Systems (CDNS) 0.0 $2.6M 200.00 12865.00
Aol 0.0 $35k 1.00 35000.00
Nortel Networks Corporation 0.0 $0 40.00 0.00
PowerShares DB Com Indx Trckng Fund 0.0 $1.3M 46.00 28673.91
Travelzoo 0.0 $189k 8.00 23625.00
CombiMatrix Corporation (CBMX) 0.0 $1.8M 2.7k 659.87
Royal Bank of Scotland 0.0 $832k 100.00 8320.00
iShares S&P 500 Growth Index (IVW) 0.0 $2.3M 30.00 77866.67
iShares Russell 2000 Value Index (IWN) 0.0 $739k 10.00 73900.00
Vanguard Long-Term Bond ETF (BLV) 0.0 $1.7M 18.00 96666.67
Vanguard REIT ETF (VNQ) 0.0 $1.7M 26.00 64961.54
ISHARES TR MSCI Small Cap msci small cap (SCZ) 0.0 $697k 18.00 38722.22
Nuveen Ca Invt Quality Mun F 0.0 $1.4M 83.00 16554.22
Alj Regional Hldgs 0.0 $365k 1.0k 365.00
Mediswipe 0.0 $15k 6.4k 2.35
Impact Fusion Intl 0.0 $2.0k 1.3k 1.49
Vsus Technologies 0.0 $8.0k 2.5k 3.26
Entertainment Games 0.0 $621k 48k 12.99
Facebook Inc cl a (META) 0.0 $2.2M 100.00 21660.00
American Sierra Gold 0.0 $35k 500.00 70.00