Trees Investment Counsel

Trees Investment Counsel as of March 31, 2012

Portfolio Holdings for Trees Investment Counsel

Trees Investment Counsel holds 55 positions in its portfolio as reported in the March 2012 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Schlumberger (SLB) 4.9 $5.7M 81k 69.93
General Electric Company 3.6 $4.2M 210k 20.07
Nestle SA Reg Shs. Ser. B Spons (NSRGY) 3.6 $4.2M 67k 62.84
JPMorgan Chase & Co. (JPM) 3.5 $4.1M 90k 45.98
Qualcomm (QCOM) 3.3 $3.8M 56k 68.06
Exxon Mobil Corporation (XOM) 3.2 $3.8M 44k 86.72
Wells Fargo & Company (WFC) 3.2 $3.7M 108k 34.14
Yum! Brands (YUM) 3.1 $3.6M 51k 71.18
Accenture (ACN) 3.0 $3.5M 54k 64.49
Pepsi (PEP) 2.9 $3.4M 51k 66.35
Visa (V) 2.9 $3.3M 28k 117.99
SPDR S&P Biotech (XBI) 2.8 $3.3M 40k 80.45
Northern Trust Corporation (NTRS) 2.6 $3.1M 65k 47.45
Vodafone 2.6 $3.1M 111k 27.67
Rockwell Collins 2.6 $3.0M 53k 57.56
Illinois Tool Works (ITW) 2.6 $3.0M 52k 57.12
Johnson & Johnson (JNJ) 2.5 $3.0M 45k 65.96
Omni (OMC) 2.4 $2.8M 55k 50.65
Abbott Laboratories (ABT) 2.4 $2.7M 45k 61.30
Occidental Petroleum Corporation (OXY) 2.3 $2.7M 29k 95.25
Goldcorp 2.3 $2.7M 60k 45.06
Ecolab (ECL) 2.2 $2.6M 41k 61.73
Intel Corporation (INTC) 2.1 $2.4M 86k 28.11
Walgreen Company 2.0 $2.3M 70k 33.48
Talisman Energy Inc Com Stk 2.0 $2.3M 186k 12.60
iShares MSCI Emerging Markets Indx (EEM) 1.9 $2.3M 53k 42.94
Novartis (NVS) 1.9 $2.2M 40k 55.40
Verizon Communications (VZ) 1.9 $2.2M 57k 38.23
MDU Resources (MDU) 1.9 $2.2M 96k 22.39
Deere & Company (DE) 1.8 $2.1M 26k 80.89
Cisco Systems (CSCO) 1.7 $2.0M 95k 21.15
Anglo American 1.7 $2.0M 107k 18.67
Pfizer (PFE) 1.7 $2.0M 87k 22.65
Bunge 1.7 $1.9M 28k 68.44
Walt Disney Company (DIS) 1.6 $1.8M 42k 43.78
Teva Pharmaceutical Industries (TEVA) 1.6 $1.8M 40k 45.05
Banco Santander (SAN) 1.5 $1.7M 225k 7.67
Vanguard Pacific ETF (VPL) 1.3 $1.5M 28k 53.15
Air Products & Chemicals (APD) 1.1 $1.2M 13k 91.80
Microsoft Corporation (MSFT) 0.7 $818k 25k 32.26
Centrica (CPYYY) 0.7 $804k 40k 20.22
Blackstone 0.6 $657k 41k 15.93
BP (BP) 0.5 $604k 13k 44.99
Northern Fds Stk Inde muutal fund (NOSIX) 0.5 $601k 34k 17.45
Centrica 0.5 $557k 110k 5.06
Merck & Co (MRK) 0.5 $534k 14k 38.42
Northern Equity Index mutual fund (NOINX) 0.5 $521k 52k 9.96
Berkshire Hathaway (BRK.B) 0.3 $381k 4.7k 81.06
Wal-Mart Stores (WMT) 0.3 $369k 6.0k 61.24
MedAssets 0.2 $263k 20k 13.15
Northern Eqty Index Fd Mid Cap mutual funds (NOMIX) 0.2 $272k 21k 13.19
At&t (T) 0.2 $232k 7.4k 31.26
Coca-Cola Company (KO) 0.2 $226k 3.1k 74.10
Transocean (RIG) 0.2 $219k 4.0k 54.75
Northern Fds Sml Cap mutual fund (NSIDX) 0.1 $138k 15k 9.16