Ballentine Partners

Ballentine Partners as of Dec. 31, 2011

Portfolio Holdings for Ballentine Partners

Ballentine Partners holds 85 positions in its portfolio as reported in the December 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Forrester Research (FORR) 39.5 $331M 7.9M 41.67
Vanguard Emerging Markets ETF (VWO) 6.8 $57M 1.5M 38.21
Vanguard Total Stock Market ETF (VTI) 5.3 $45M 696k 64.30
iShares MSCI EAFE Index Fund (EFA) 4.4 $37M 751k 49.53
Vanguard Dividend Appreciation ETF (VIG) 4.4 $37M 677k 54.65
Vanguard Large-Cap ETF (VV) 4.2 $35M 612k 57.30
Spdr S&p 500 Etf (SPY) 4.0 $34M 270k 125.50
iShares Russell 1000 Index (IWB) 3.6 $30M 433k 69.37
iShares S&P 500 Index (IVV) 3.5 $30M 234k 125.96
Berkshire Hathaway (BRK.A) 2.8 $24M 205.00 114756.10
Vanguard European ETF (VGK) 2.7 $23M 552k 41.43
iShares S&P MidCap 400 Index (IJH) 2.3 $20M 223k 87.61
Vanguard Europe Pacific ETF (VEA) 2.1 $17M 567k 30.63
iShares S&P SmallCap 600 Index (IJR) 1.8 $15M 226k 68.30
Vanguard Pacific ETF (VPL) 1.7 $14M 300k 47.59
Vanguard FTSE All-World ex-US ETF (VEU) 1.5 $13M 325k 39.65
Vanguard Mid-Cap ETF (VO) 1.4 $12M 168k 71.94
Vanguard Small-Cap ETF (VB) 0.9 $7.6M 108k 69.67
iShares Russell 3000 Index (IWV) 0.8 $6.4M 87k 74.18
iShares MSCI Emerging Markets Indx (EEM) 0.7 $5.5M 144k 37.94
SPDR S&P International Small Cap (GWX) 0.5 $4.4M 173k 25.17
iShares S&P SmallCap 600 Value Idx (IJS) 0.5 $4.3M 62k 69.75
iShares FTSE KLD 400 Social Idx (DSI) 0.4 $3.5M 74k 46.89
iShares Russell 2000 Index (IWM) 0.3 $2.5M 34k 73.74
United Parcel Service (UPS) 0.2 $2.1M 29k 73.65
iShares S&P 1500 Index Fund (ITOT) 0.2 $1.8M 31k 57.18
SPDR S&P MidCap 400 ETF (MDY) 0.2 $1.5M 9.2k 159.48
Apple (AAPL) 0.2 $1.3M 3.2k 405.30
Sapient Corporation 0.2 $1.3M 106k 12.60
Exxon Mobil Corporation (XOM) 0.1 $1.2M 15k 84.79
Vanguard Small-Cap Value ETF (VBR) 0.1 $1.3M 20k 62.67
Vanguard Extended Market ETF (VXF) 0.1 $1.2M 23k 51.82
Berkshire Hathaway (BRK.B) 0.1 $1.0M 13k 75.92
Pfizer (PFE) 0.1 $1.0M 48k 21.55
iShares Russell 1000 Value Index (IWD) 0.1 $855k 14k 63.47
General Electric Company 0.1 $712k 40k 17.92
Vanguard High Dividend Yield ETF (VYM) 0.1 $730k 16k 45.28
Intel Corporation (INTC) 0.1 $703k 29k 24.33
Procter & Gamble Company (PG) 0.1 $690k 10k 66.60
Stanley Black & Decker (SWK) 0.1 $567k 8.7k 65.04
International Business Machines (IBM) 0.1 $572k 3.1k 183.90
Google 0.1 $569k 880.00 646.18
Johnson & Johnson (JNJ) 0.1 $503k 7.7k 65.59
PowerShares QQQ Trust, Series 1 0.1 $532k 9.5k 55.79
iShares S&P 500 Value Index (IVE) 0.1 $522k 9.0k 57.86
SPDR S&P Dividend (SDY) 0.1 $472k 8.8k 53.88
Vanguard Mega Cap 300 Growth Index ETF (MGK) 0.1 $483k 10k 48.11
Global Payments (GPN) 0.1 $426k 8.5k 50.00
iShares Russell 1000 Growth Index (IWF) 0.1 $395k 6.8k 57.82
iShares MSCI Pacific ex-Japan Idx (EPP) 0.1 $405k 10k 38.94
Schwab Emerging Markets Equity ETF (SCHE) 0.1 $424k 19k 22.88
Microsoft Corporation (MSFT) 0.0 $351k 14k 25.99
MasterCard Incorporated (MA) 0.0 $296k 793.00 372.68
Caterpillar (CAT) 0.0 $324k 3.6k 90.46
FedEx Corporation (FDX) 0.0 $304k 3.6k 83.33
McDonald's Corporation (MCD) 0.0 $343k 3.4k 100.30
Cisco Systems (CSCO) 0.0 $324k 18k 18.13
Vanguard Mid-Cap Value ETF (VOE) 0.0 $306k 5.9k 51.72
WisdomTree Emerging Markets Eq (DEM) 0.0 $361k 7.1k 51.21
Aberdeen Latin Amer Eqty 0.0 $309k 10k 30.08
Vanguard Mega Cap 300 Value Index ETF (MGV) 0.0 $297k 7.8k 38.22
Coca-Cola Company (KO) 0.0 $268k 3.8k 69.77
Baxter International (BAX) 0.0 $243k 5.0k 48.47
Chevron Corporation (CVX) 0.0 $262k 2.5k 106.78
Analog Devices (ADI) 0.0 $241k 6.9k 34.88
Pepsi (PEP) 0.0 $273k 4.1k 66.43
United Technologies Corporation 0.0 $278k 3.8k 72.89
Technology SPDR (XLK) 0.0 $285k 11k 25.47
iShares Russell Midcap Index Fund (IWR) 0.0 $236k 2.4k 98.33
iShares Russell 2000 Value Index (IWN) 0.0 $285k 4.3k 65.71
Expedia (EXPE) 0.0 $218k 7.5k 29.07
JPMorgan Chase & Co. (JPM) 0.0 $193k 5.8k 33.22
Adobe Systems Incorporated (ADBE) 0.0 $207k 8.2k 25.16
Qualcomm (QCOM) 0.0 $185k 3.4k 54.44
Staples 0.0 $154k 12k 13.02
PowerShares Intl. Dividend Achiev. 0.0 $152k 11k 14.55
Automatic Data Processing (ADP) 0.0 $117k 2.2k 53.89
Stryker Corporation (SYK) 0.0 $49k 993.00 48.95
Walgreen Company 0.0 $59k 1.8k 32.79
Illinois Tool Works (ITW) 0.0 $84k 1.9k 45.16
Cumberland Pharmaceuticals (CPIX) 0.0 $85k 16k 5.36
Stericycle (SRCL) 0.0 $8.2k 98.00 83.33
Fastenal Company (FAST) 0.0 $13k 306.00 41.67
Express Scripts 0.0 $17k 380.00 44.64
Cybex International 0.0 $12k 28k 0.43