Capital Counsel

Capital Counsel as of March 31, 2013

Portfolio Holdings for Capital Counsel

Capital Counsel holds 0 positions in its portfolio as reported in the March 2013 quarterly 13F filing

                FORM 13F INFORMATION TABLE
                                                           VALUE   SHARES/  SH/ PUT/ INVSTMT    OTHER          VOTING AUTHORITY
        NAME OF ISSUER          TITLE OF CLASS    CUSIP   (x$1000) PRN AMT  PRN CALL DSCRETN   MANAGERS     SOLE    SHARED    NONE
------------------------------ ---------------- --------- -------- -------- --- ----
{S}                            {C}              {C}       {C}      {C}      {C} {C}  {C}     {C}          {C}      {C}      {C}

3M                             COM              88579Y101     3088         29046 SH       Sole                    29046
ABBOTT LABORATORIES            COM              002824100      426         12050 SH       Sole                    12050
ABBVIE INC                     COM              00287Y109      463         11350 SH       Sole                    11350
ALCOA                          COM              013817101       43          5000 SH       Sole                     5000
ALLERGAN INC COM               COM              018490102      220          1968 SH       Sole                     1968
AMAZON COM INC                 COM              023135106      512          1921 SH       Sole                     1921
AMERICAN EXPRESS CO            COM              025816109     2381         35300 SH       Sole                    35300
AMERIPRISE FINL                COM              03076c106      420          5700 SH       Sole                     5700
AMGEN INC                      COM              031162100     1284         12522 SH       Sole                    12522
ANSYS INC COM                  COM              03662Q105     3131         38459 SH       Sole                    38459
APPLE INC                      COM              037833100     2183          4931 SH       Sole                     4931
APTARGROUP INC COM             COM              038336103    28069        489431 SH       Sole                   489431
ARCH CAPITAL GROUP LTD         COM              g0450a105      304          5790 SH       Sole                     5790
AT^T                           COM              00206r102      318          8671 SH       Sole                     8671
ATLAS ENERGY LP COM UNITS LP   COM              04930A104      220          5000 SH       Sole                     5000
AUTOMATIC DATA PROCESSING INC  COM              053015103   118656       1824630 SH       Sole                  1824630
BAKER HUGHES INC               COM              057224107      580         12501 SH       Sole                    12501
BANK OF NEW YORK MELLON CORP   COM              064058100      218          7799 SH       Sole                     7799
BERKSHIRE HATHAWAY INC         COM              084670702    19515        187283 SH       Sole                   187283
BERKSHIRE HATHAWAY INC DEL CL  COM              084670108     2969            19 SH       Sole                       19
BLACKROCK INC                  COM              09247X101      334          1300 SH       Sole                     1300
BOSTON PROPERTIES INC COM      COM              101121101      382          3775 SH       Sole                     3775
BRISTOL MYERS SQUIBB CO COM    COM              110122108      268          6506 SH       Sole                     6506
C H ROBINSON WORLDWIDE INC     COM              12541W209    71164       1196845 SH       Sole                  1196845
CENOVUS ENERGY INC             COM              15135U109    65254       2105635 SH       Sole                  2105635
CHEVRONTEXACO                  COM              166764100      461          3880 SH       Sole                     3880
CHOICE HOTELS INTL INC COM     COM              169905106      254          6000 SH       Sole                     6000
CHURCH & DWIGHT INC COM        COM              171340102     4523         69982 SH       Sole                    69982
CISCO SYS                      COM              17275R102      368         17622 SH       Sole                    17622
CME GROUP INC                  COM              12572Q105    62454       1017001 SH       Sole                  1017001
COCA COLA                      COM              191216100    15986        395296 SH       Sole                   395296
COCA COLA ENTERPRISES INC      COM              19122t109     3849        104260 SH       Sole                   104260
COLGATE PALMOLIVE              COM              194162103     1074          9100 SH       Sole                     9100
CORE LABORATORIES N V COM      COM              N22717107    30547        221480 SH       Sole                   221480
COSTCO WHOLESALE               COM              22160K105    30312        285668 SH       Sole                   285668
DANAHER                        COM              235851102     1193         19192 SH       Sole                    19192
DIRECTV                        COM              25490A309      227          4020 SH       Sole                     4020
DISNEY WALT                    COM              254687106     1273         22415 SH       Sole                    22415
DONALDSON INC                  COM              257651109   114206       3155746 SH       Sole                  3155746
E M C                          COM              268648102      288         12035 SH       Sole                    12035
ELI LILLY & CO.                COM              532457108      193          3400 SH       Sole                     3400
EMERSON ELECTRIC               COM              291011104      496          8875 SH       Sole                     8875
EXPRESS SCRIPTS HOLDING CO     COM              30219G108   143794       2495550 SH       Sole                  2495550
EXXON MOBIL CORP               COM              30231G102    23724        263274 SH       Sole                   263274
FASTENAL                       COM              311900104    11603        226056 SH       Sole                   226056
FIDELITY NATL INFORMATION SVCS COM              31620M106      150          3775 SH       Sole                     3775
FLOWERS FOODS                  COM              343498101      129          3924 SH       Sole                     3924
FORD MTR                       COM              345370860      145         11000 SH       Sole                    11000
FRANKLIN RESOURCES             COM              354613101      284          1885 SH       Sole                     1885
GENERAL ELECTRIC               COM              369604103     1037         44853 SH       Sole                    44853
GENERAL GROWTH PROPERTIES      COM              370023103      374         18815 SH       Sole                    18815
GENERAL MILLS                  COM              370334104      269          5450 SH       Sole                     5450
GILEAD SCIENCES                COM              375558103     2675         54656 SH       Sole                    54656
GOOGLE INC CL A                COM              38259P508      277           349 SH       Sole                      349
HOME DEPOT                     COM              437076102     1164         16675 SH       Sole                    16675
HUBBELL CLASS B                COM              443510201      851          8762 SH       Sole                     8762
IDEXX LABORATORIES INC         COM              45168D104    53865        583015 SH       Sole                   583015
INTEL CORP                     COM              458140100    18088        828391 SH       Sole                   828391
INTL BUSINESS MACHINES         COM              459200101     4952         23215 SH       Sole                    23215
J.P. MORGAN CHASE              COM              46625H100      475         10011 SH       Sole                    10011
JOHNSON AND JOHNSON CO         COM              478160104     8152         99989 SH       Sole                    99989
LAUDER ESTEE COS CL A          COM              518439104      349          5446 SH       Sole                     5446
LEUCADIA NATIONAL              COM              527288104      324         11825 SH       Sole                    11825
LIXTE BIOTECHNOLOGY            COM              539319103        9         25000 SH       Sole                    25000
LOEWS CORP                     COM              540424108      702         15922 SH       Sole                    15922
LORILLARD INC COM              COM              544147101     1169         28971 SH       Sole                    28971
MARKWEST ENERGY PARTNERS L P U COM              570759100      729         12000 SH       Sole                    12000
MAXIM INTERGRATED PRODS        COM              57772K101      640         19602 SH       Sole                    19602
MC GRAW HILL COMPANIES         COM              580645109      202          3872 SH       Sole                     3872
MCCORMICK & CO INC COM NON VTG COM              579780206     8589        116772 SH       Sole                   116772
MEAD JOHNSON NUTRITION CO COM  COM              582839106     8659        111804 SH       Sole                   111804
MERCK & CO INC NEW             COM              58933Y105     4835        109394 SH       Sole                   109394
METTLER-TOLEDO INTERNATIONAL I COM              592688105   128259        601532 SH       Sole                   601532
MICROSOFT                      COM              594918104      538         18800 SH       Sole                    18800
MUELLER INDS INC COM           COM              624756102      453          8510 SH       Sole                     8510
NATIONAL OILWELL VARCO INC     COM              637071101    54969        776940 SH       Sole                   776940
NORFOLK SOUTHERN CORP COM      COM              655844108      692          8981 SH       Sole                     8981
PEOPLES UNITED FINANCIAL INC C COM              712704105      174         13000 SH       Sole                    13000
PEPSICO                        COM              713448108     2483         31383 SH       Sole                    31383
PFIZER                         COM              717081103      433         15000 SH       Sole                    15000
PHILIP MORRIS INTL             COM              718172109      948         10230 SH       Sole                    10230
PLAINS ALL AMERN PIPELINE L P  COM              726503105      452          8000 SH       Sole                     8000
PLANTRONICS NEW                COM              727493108      265          6000 SH       Sole                     6000
PNC BK                         COM              693475105      465          7000 SH       Sole                     7000
PRECISION CASTPARTS CORP       COM              740189105    78512        414047 SH       Sole                   414047
PRICE T ROWE GROUP INC COM     COM              74144T108    28455        380062 SH       Sole                   380062
PROCTER & GAMBLE               COM              742718109      998         12950 SH       Sole                    12950
RANGE RES CORP COM             COM              75281A109      300          3700 SH       Sole                     3700
REGENERX BIOPHARMACEUTICALS CO COM              75886X108        1         10000 SH       Sole                    10000
SIGMA ALDRICH                  COM              826552101    86313       1111568 SH       Sole                  1111568
STATE STREET                   COM              857477103      827         14000 SH       Sole                    14000
STERICYCLE INC COM             COM              858912108     6167         58084 SH       Sole                    58084
SYSCO                          COM              871829107     3364         95642 SH       Sole                    95642
TANGER FACTORY OUTLET CTRS INC COM              875465106      426         11770 SH       Sole                    11770
TARGA RESOURCES PARTNERS LP CO COM              87611X105      690         15000 SH       Sole                    15000
TERADATA CORP                  COM              88076W103    86241       1473958 SH       Sole                  1473958
TIFFANY & CO                   COM              886547108      229          3300 SH       Sole                     3300
TJX COS                        COM              872540109     2892         61870 SH       Sole                    61870
UNILEVER NV                    COM              904784709     1057         25770 SH       Sole                    25770
UNION PAC CORP COM             COM              907818108      663          4654 SH       Sole                     4654
UNITED TECHNOLOGIES            COM              913017109      523          5600 SH       Sole                     5600
V F CORP                       COM              918204108      533          3175 SH       Sole                     3175
VALLEY NATL BANCORP COM        COM              919794107      400         39026 SH       Sole                    39026
VARIAN MED SYS INC             COM              92220P105    89887       1248426 SH       Sole                  1248426
VIMPELCOM LTD SPONSORED ADR    COM              92719A106      143         12000 SH       Sole                    12000
VISA INC-A                     COM              92826C839    37967        223544 SH       Sole                   223544
VORNADO RLTY TR SH BEN INT     COM              929042109      422          5048 SH       Sole                     5048
WABTEC                         COM              929740108   100312        982392 SH       Sole                   982392
WAL MART STORES                COM              931142103      617          8249 SH       Sole                     8249
WALGREEN                       COM              931422109      238          5000 SH       Sole                     5000
WELLS FARGO & COMPANY          COM              949746101      775         20950 SH       Sole                    20950
WESTERN UNION                  COM              959802109      217         14400 SH       Sole                    14400
WEX INC                        COM              96208T104    36765        468343 SH       Sole                   468343
WHITE MOUNTAINS INSURANCE GROU COM              G9618E107     3516          6200 SH       Sole                     6200
WHITING PETE                   COM              966387102      941         18500 SH       Sole                    18500
YUM! BRANDS INC                COM              988498101      504          7000 SH       Sole                     7000
GLAXOS MITHKLINE PLC ADR       COM              37733W105      385          8200 SH       Sole                     8200
NESTLE                         COM              641069406    20591        284133 SH       Sole                   284133
ROCHE HOLDINGS LTD-ADR         COM              771195104    52629        898107 SH       Sole                   898107
ROYAL DUTCH SHELL PLC-ADR A    COM              780259206      336          5160 SH       Sole                     5160
SCHLUMBERGER LTD COM           COM              806857108      868         11595 SH       Sole                    11595
SIMON PPTY GROUP INC NEW COM   COM              828806109      355          2240 SH       Sole                     2240
RYDEX S^P EQUAL WEIGHT ETF     COM              78355w106       48           807 SH       Sole                      807
VANGUARD S^P 500 ETF           COM              922908413      358          5000 SH       Sole                     5000
ACCESS MIDSTREAM PARTNERS LP   COM              00434L109      202          5000 SH       Sole                     5000
ENTERPRISE PRODUCTS PARTNER LP COM              293792107      253          4200 SH       Sole                     4200
GENESIS ENERGY L P UNIT LTD PA COM              371927104      916         19000 SH       Sole                    19000
REPORT SUMMARY                127 DATA RECORDS             1726285                 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED