Adell, Harriman, & Carpenter

Adell, Harriman, & Carpenter as of Dec. 31, 2011

Portfolio Holdings for Adell, Harriman, & Carpenter

Adell, Harriman, & Carpenter holds 0 positions in its portfolio as reported in the December 2011 quarterly 13F filing

                {C}
                                                                                         {C}
                           Title of              Market      # of               Voting Authority
Security                    Class     Cusip      Value      Shares    Desc     Sole  Shared  None

ABB LTD                      Com    000375204     720,248    38,250   Sole    38,250    0      0
ABBOTT LABS                  Com    002824100   1,322,361    23,517   Sole    23,517    0     0
ALERIAN MLP ETF              Com    00162Q866     810,225    48,750   Sole    48,750    0     0
AMAZON.COM                   Com    023135106   1,783,622    10,304   Sole    10,304    0     0
AMGEN INC                    Com    031162100   1,392,779    21,691   Sole    21,691    0     0
AMREIT INC                   Com    032999856     292,220    30,760   Sole    30,760    0     0
ANADARKO PETRO               Com    032511107   4,548,963    59,596   Sole    59,596    0     0
APACHE CORP                  Com    037411105     541,759     5,981   Sole     5,981    0     0
APPLE COMPUTER               Com    037833100  19,909,395    49,159   Sole    49,159    0     0
AT^T CORP                    Com    00206R102   2,929,954    96,890   Sole    96,890    0     0
AUTOMATIC DATA               Com    053015103     676,475    12,525   Sole    12,525    0     0
BANK OF AMERICA              Com    060505104      83,072    14,941   Sole    14,941    0     0
BHP BILLITON LTD             Com    088606108   5,016,001    71,018   Sole    71,018    0     0
CATERPILLAR                  Com    149123101   1,431,389    15,799   Sole    15,799    0     0
CENTERPOINT ENERGY           Com    15189T107     423,595    21,085   Sole    21,085    0     0
CENTURYLINK INC              Com    156700106   5,065,747   136,176   Sole   136,176    0     0
CERNER CORP                  Com    156782104   1,197,744    19,555   Sole    19,555    0     0
CHESAPEAKE ENERGY            Com    165167107     743,528    33,357   Sole    33,357    0     0
CHESTNUT ST EXCHG FD         Com    166668103     261,128       750   Sole       750    0     0
CHEVRONTEXACO                Com    166764100   5,886,899    55,328   Sole    55,328    0     0
CHINA INDEX ISHARES          Com    464287184   1,144,747    32,829   Sole    32,829    0     0
CISCO SYSTEMS                Com    17275R102   1,942,136   107,419   Sole   107,419    0     0
COCA COLA                    Com    191216100   3,382,417    48,341   Sole    48,341    0     0
CONOCOPHILLIPS               Com    20825C104   1,098,952    15,081   Sole    15,081    0     0
CORNING                      Com    219350105   1,195,134    92,075   Sole    92,075    0     0
CUMMINS INC                  Com    231021106   1,190,471    13,525   Sole    13,525    0     0
CVS CORP                     Com    126650100     207,978     5,100   Sole     5,100    0     0
DISNEY WALT CO               Com    254687106   2,397,375    63,930   Sole    63,930    0     0
DU PONT                      Com    263534109   2,320,726    50,693   Sole    50,693    0     0
E M C CORP                   Com    268648102   1,198,744    55,652   Sole    55,652    0     0
EAGLE ROCK ENERGY PRTS       Com    26985R104   1,169,078   100,350   Sole   100,350    0     0
EMERGING MRKTS ISHARES       Com    464287234   4,479,083   118,057   Sole   118,057    0     0
EMERSON ELEC                 Com    291011104   2,549,871    54,730   Sole    54,730    0     0
ENBRIDGE ENERGY PRTS LP      Com    29250R106     212,914     6,415   Sole     6,415    0     0
ENERGY TRANSFER PRTS LP      Com    29273R109     712,968    15,550   Sole    15,550    0     0
ENTERPRISE PRODUCTS          Com    293792107   7,468,386   161,026   Sole   161,026    0     0
EQUINIX INC                  Com    29444U502     755,430     7,450   Sole     7,450    0     0
EXPEDITORS INTL WASH         Com    302130109     812,032    19,825   Sole    19,825    0     0
EXXON MOBIL                  Com    30231G102  19,691,782   232,324   Sole   232,324    0     0
FLUOR CORP                   Com    343412102   2,169,192    43,168   Sole    43,168    0     0
FREEPORT MC COPPER           Com    35671D857   1,984,453    53,940   Sole    53,940    0     0
GAMCO GLOBAL GOLD NAT RES    Com    36465A109     437,763    31,025   Sole    31,025    0     0
GENERAL ELEC                 Com    369604103   1,385,840    77,378   Sole    77,378    0     0
GENERAL MILLS                Com    370334104   2,900,266    71,771   Sole    71,771    0     0
GOLDMAN SACHS GROUP          Com    38141G104     679,943     7,519   Sole     7,519    0     0
GOOGLE INC                   Com    38259P508   4,692,464     7,265   Sole     7,265    0     0
HALLIBURTON                  Com    406216101   1,341,561    38,875   Sole    38,875    0     0
HONEYWELL INTL               Com    438516106   3,471,443    63,872   Sole    63,872    0     0
IBM CORP                     Com    459200101   4,076,436    22,169   Sole    22,169    0     0
INDIA FUND INC               Com    454089103     319,225    16,766   Sole    16,766    0     0
INDIA INDEX BARCLAYS         Com    06739F291     272,727     5,850   Sole     5,850    0     0
INTEL CORP                   Com    458140100   6,805,714   280,648   Sole   280,648    0     0
ISHARES D-J BASIC MAT        Com    464287838     634,191     9,863   Sole     9,863    0     0
ISHARES D-J REAL ESTATE      Com    464287739   2,738,924    48,212   Sole    48,212    0     0
ISHARES MCSI BRIC INDEX      Com    464286657   3,100,251    85,477   Sole    85,477    0     0
ISHARES NASDAQ BIOTECH       Com    464287556     995,603     9,541   Sole     9,541    0     0
ISHARES SM GRTH INDEX        Com    464288604     245,789     2,951   Sole     2,951    0     0
ISHARES S^P GLOBAL MAT       Com    464288695   1,250,792    21,867   Sole    21,867    0     0
ISHARES WORLD EX-US R-E      Com    464288422     619,425    22,500   Sole    22,500    0     0
J P MORGAN CHASE             Com    46625H100   4,072,327   122,476   Sole   122,476    0     0
JOHNSN^JOHNSN                Com    478160104   4,066,026    62,001   Sole    62,001    0     0
KIMBERLY CLARK               Com    494368103     433,857     5,898   Sole     5,898    0     0
KINDER MORGAN PRTS           Com    494550106   3,786,052    44,568   Sole    44,568    0     0
KRAFT FOODS CL A             Com    50075N104     247,286     6,619   Sole     6,619    0     0
LATIN AMER 40 INDEX          Com    464287390     258,187     6,065   Sole     6,065    0     0
LOWES COMPANIES              Com    548661107     286,819    11,301   Sole    11,301    0     0
MAGELLAN MIDSTREAM PRTS      Com    559080106     316,848     4,600   Sole     4,600    0     0
MARATHON OIL                 Com    565849106     275,870     9,425   Sole     9,425    0     0
MCDONALDS                    Com    580135101   5,455,143    54,372   Sole    54,372    0     0
MICROSOFT                    Com    594918104   4,957,207   190,956   Sole   190,956    0     0
MORGAN STANLEY               Com    617446448     204,573    13,521   Sole    13,521    0     0
NEXTERA ENERGY INC           Com    65339F101     263,976     4,336   Sole     4,336    0     0
NOBLE CORPORATION            Com    h5833N103     261,403     8,650   Sole     8,650    0     0
OCCIDENTAL PETRO             Com    674599105   4,066,955    43,404   Sole    43,404    0     0
ORACLE CORP                  Com    68389X105   5,253,295   204,807   Sole   204,807    0     0
PEPSICO INC                  Com    713448108   5,031,266    75,829   Sole    75,829    0     0
PROCTER^GAMBLE               Com    742718109   3,922,357    58,797   Sole    58,797    0     0
PUBLIC STORAGE               Com    74460D109     560,071     4,165   Sole     4,165    0     0
QUALCOMM INC                 Com    747525103   6,360,790   116,285   Sole   116,285    0     0
ROYAL DUTCH SHELL            Com    780259107   1,406,489    18,504   Sole    18,504    0     0
SANDISK CORP                 Com    80004C101   1,161,356    23,600   Sole    23,600    0     0
SCHLUMBERGER                 Com    806857108   4,310,538    63,103   Sole    63,103    0     0
SIEMENS AG ADR               Com    826197501     261,493     2,735   Sole     2,735    0     0
SIMON PPTY GRP               Com    828806109   1,489,257    11,550   Sole    11,550    0     0
SPDR GOLD TR                 Com    78463V107     626,959     4,125   Sole     4,125    0     0
SPX CORP                     Com    784635104     714,019    11,847   Sole    11,847    0     0
SYSCO CORP                   Com    871829107     257,224     8,770   Sole     8,770    0     0
TARGET CORP                  Com    87612E106   1,014,924    19,815   Sole    19,815    0     0
TECHNIP                      Com    878546209     230,966     9,800   Sole     9,800    0     0
TEXAS INST                   Com    882508104     299,858    10,301   Sole    10,301    0     0
UNITED TECH CORP             Com    913017109   4,828,545    66,063   Sole    66,063    0     0
VANGUARD NAT RES LLC         Com    92205F106   2,267,870    82,080   Sole    82,080    0     0
VERIZON COMM                 Com    92343V104   3,086,432    76,930   Sole    76,930    0     0
VISA INC                     Com    92826C839   1,771,699    17,450   Sole    17,450    0     0
WAL MART                     Com    931142103     489,556     8,192   Sole     8,192    0     0
WALGREEN CO                  Com    931422109     897,447    27,146   Sole    27,146    0     0
WEATHERFORD                  Com    H27013103     152,256    10,400   Sole    10,400    0     0
WELLS FARGO                  Com    949746101     855,049    31,025   Sole    31,025    0     0
WHOLE FOODS                  Com    966837106   2,574,808    37,005   Sole    37,005    0     0
WINDSTREAM CORP              Com    97381W104   1,373,181   116,966   Sole   116,966    0     0
YUM! BRANDS INC              Com    988498101     243,121     4,120   Sole     4,120    0     0

                                              ___________
TOTAL PORTFOLIO                             $ 229,482,676
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