CPCM

CPCM as of Dec. 31, 2011

Portfolio Holdings for CPCM

CPCM holds 125 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
Starbucks Corporation (SBUX) 14.9 $25M 542k 46.01
iShares Russell 1000 Growth Index (IWF) 9.8 $17M 286k 57.79
iShares Barclays TIPS Bond Fund (TIP) 6.2 $10M 89k 116.69
iShares S&P 500 Index (IVV) 5.5 $9.2M 73k 125.96
iShares Lehman Aggregate Bond (AGG) 4.9 $8.2M 74k 110.25
iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) 3.8 $6.4M 62k 104.20
Emeritus Corporation 3.1 $5.1M 294k 17.51
iShares S&P World Ex-US Prop Index (WPS) 3.0 $5.0M 182k 27.53
Omeros Corporation (OMER) 2.9 $4.9M 1.2M 3.95
Red Robin Gourmet Burgers (RRGB) 2.3 $3.8M 138k 27.70
Omni (OMC) 2.2 $3.7M 83k 44.58
iShares MSCI Emerging Markets Indx (EEM) 2.2 $3.6M 95k 37.94
Microsoft Corporation (MSFT) 1.7 $2.9M 111k 25.96
iShares IBoxx $ Invest Grade Corp Bd (LQD) 1.4 $2.4M 21k 113.75
Newcastle Investment 1.3 $2.2M 475k 4.65
iShares Dow Jones US Real Estate (IYR) 1.3 $2.2M 38k 56.80
Jp Morgan Alerian Mlp Index 1.2 $2.0M 53k 38.96
Apple (AAPL) 1.1 $1.8M 4.4k 404.93
iShares Russell 1000 Index (IWB) 1.1 $1.8M 26k 69.39
Berkshire Hathaway (BRK.A) 1.0 $1.6M 14.00 114785.71
IQ Hedge Multi-Strategy Tracker (QAI) 0.9 $1.6M 59k 27.07
SPDR Gold Trust (GLD) 0.9 $1.5M 10k 151.98
iShares Dow Jones Select Dividend (DVY) 0.9 $1.5M 29k 53.78
Exxon Mobil Corporation (XOM) 0.9 $1.5M 17k 84.74
iShares Russell Microcap Index (IWC) 0.8 $1.4M 32k 44.66
iShares Diversified Alternatives Trust 0.8 $1.4M 29k 48.75
Vanguard Short-Term Bond ETF (BSV) 0.8 $1.3M 17k 80.87
Costco Wholesale Corporation (COST) 0.8 $1.3M 16k 83.33
Nuveen Barclays Shrt Term Muni bdfund (SHM) 0.8 $1.3M 52k 24.34
Chevron Corporation (CVX) 0.7 $1.2M 12k 106.42
McDonald's Corporation (MCD) 0.7 $1.2M 12k 100.32
Spdr S&p 500 Etf (SPY) 0.6 $1.1M 8.5k 125.55
Bristol Myers Squibb (BMY) 0.6 $934k 27k 35.24
Amazon (AMZN) 0.6 $921k 5.3k 173.02
International Business Machines (IBM) 0.5 $847k 4.6k 183.85
iShares Russell 3000 Index (IWV) 0.5 $833k 11k 74.18
Eaton Vance Senior Floating Rate Fund (EFR) 0.5 $845k 59k 14.38
iShares MSCI EAFE Index Fund (EFA) 0.5 $830k 17k 49.55
Spx Flow 0.5 $816k 233k 3.50
iShares JPMorgan USD Emer Mkt Bnd Fd ETF (EMB) 0.5 $782k 7.1k 109.82
H.J. Heinz Company 0.4 $722k 13k 54.04
Johnson & Johnson (JNJ) 0.4 $666k 10k 65.60
Columbia Banking System (COLB) 0.4 $677k 35k 19.28
Procter & Gamble Company (PG) 0.4 $653k 9.8k 66.66
salesforce (CRM) 0.4 $653k 6.4k 101.46
iShares S&P Growth Allocation Fund (AOR) 0.4 $646k 21k 31.12
Boeing Company (BA) 0.4 $636k 8.7k 73.33
Intel Corporation (INTC) 0.4 $642k 27k 24.25
Coca-Cola Company (KO) 0.4 $609k 8.7k 70.01
Pepsi (PEP) 0.3 $586k 8.8k 66.36
General Mills (GIS) 0.3 $564k 14k 40.38
At&t (T) 0.3 $514k 17k 30.22
Vanguard REIT ETF (VNQ) 0.3 $508k 8.8k 57.94
CenturyLink 0.3 $483k 13k 37.21
Royal Dutch Shell 0.3 $483k 6.6k 73.05
Paccar (PCAR) 0.3 $480k 13k 37.51
Bp 0.3 $493k 12k 42.70
General Electric Company 0.3 $473k 26k 17.89
Heritage Financial Corporation (HFWA) 0.3 $469k 37k 12.55
iShares iBoxx $ High Yid Corp Bond (HYG) 0.3 $445k 5.0k 89.45
iShares MSCI EAFE Value Index (EFV) 0.3 $452k 11k 42.71
Kimberly-Clark Corporation (KMB) 0.3 $442k 6.0k 73.53
Berkshire Hathaway (BRK.B) 0.2 $419k 5.5k 76.38
Cisco Systems (CSCO) 0.2 $410k 23k 18.09
iShares Russell 2000 Index (IWM) 0.2 $401k 5.4k 73.79
Alphabet Inc Class A cs (GOOGL) 0.2 $397k 614.00 646.58
ConAgra Foods (CAG) 0.2 $378k 14k 26.43
iShares Russell 2000 Value Index (IWN) 0.2 $387k 5.9k 65.64
Philip Morris International (PM) 0.2 $363k 4.6k 78.40
iShares Russell 3000 Value Index (IUSV) 0.2 $362k 4.4k 83.07
ISHARES TR MSCI Small Cap msci small cap (SCZ) 0.2 $361k 10k 34.76
United Parcel Service (UPS) 0.2 $351k 4.8k 73.16
iShares Russell Midcap Index Fund (IWR) 0.2 $360k 3.7k 98.31
Liberty Global Inc Com Ser A 0.2 $354k 8.6k 41.02
Medtronic (MDT) 0.2 $345k 9.0k 38.27
Yum! Brands (YUM) 0.2 $334k 5.7k 59.05
Oracle Corporation (ORCL) 0.2 $335k 13k 25.65
iShares Lehman 3-7 Yr Treasury Bond (IEI) 0.2 $326k 2.7k 121.87
United Sts Commodity Index F (USCI) 0.2 $315k 5.4k 58.28
Pfizer (PFE) 0.2 $308k 14k 21.63
iShares S&P US Pref Stock Idx Fnd (PFF) 0.2 $298k 8.4k 35.60
Kraft Foods 0.2 $291k 7.8k 37.34
Ford Motor Company (F) 0.2 $289k 27k 10.77
SPDR Barclays Cptl Shrt Term Corp Bd ETF (SPSB) 0.2 $281k 9.3k 30.12
Ishares Tr cmn (STIP) 0.2 $270k 2.6k 102.00
Verizon Communications (VZ) 0.1 $248k 6.2k 40.09
Amgen (AMGN) 0.1 $252k 3.9k 64.14
Eastern Insurance Holdings 0.1 $244k 17k 14.00
Vanguard Growth ETF (VUG) 0.1 $253k 4.1k 61.87
iShares Barclays Inter Crd Bd Fund ETF) (IGIB) 0.1 $254k 2.4k 107.04
Nuveen Muni Value Fund (NUV) 0.1 $260k 27k 9.82
Wal-Mart Stores (WMT) 0.1 $230k 3.9k 59.71
Weyerhaeuser Company (WY) 0.1 $237k 13k 18.64
Visa (V) 0.1 $243k 2.4k 101.33
Internet Capital 0.1 $232k 30k 7.73
JPMorgan Chase & Co. (JPM) 0.1 $211k 6.4k 33.20
Wells Fargo & Company (WFC) 0.1 $215k 7.8k 27.59
Target Corporation (TGT) 0.1 $221k 4.3k 51.20
PowerShares QQQ Trust, Series 1 0.1 $218k 3.9k 55.94
Utilities SPDR (XLU) 0.1 $219k 6.1k 35.90
iShares S&P Latin America 40 Index (ILF) 0.1 $223k 5.3k 42.48
Elements Rogers Intl Commodity Etn etf 0.1 $221k 26k 8.52
Capital Bank 0.1 $220k 10k 22.00
Caterpillar (CAT) 0.1 $206k 2.3k 90.71
Abbott Laboratories (ABT) 0.1 $202k 3.6k 56.10
Otter Tail Corporation (OTTR) 0.1 $205k 9.3k 22.04
iShares NYSE 100 Index 0.1 $202k 3.4k 60.23
Voya Prime Rate Trust sh ben int 0.1 $147k 29k 5.12
Bank of America Corporation (BAC) 0.1 $139k 25k 5.56
Presidio Bk San Francis 0.1 $112k 18k 6.16
ChinaEdu Corporation (CEDU) 0.0 $64k 11k 5.82
Wireless Matrix Corp equities 0.0 $57k 66k 0.87
Accelitec Inc Ser C P 0.0 $50k 43k 1.16
Aeterna Zentaris 0.0 $35k 23k 1.56
Jones Soda (JSDA) 0.0 $19k 50k 0.38
Lpath 0.0 $18k 15k 1.20
First Horizon Nat Corp 100,000 0.0 $0 211k 0.00
Enron Corp. 0.0 $0 50k 0.00
Capital Growth Systems 0.0 $0 26k 0.00
Neurologix 0.0 $0 11k 0.00
Horizon Financial (HRZB) 0.0 $0 17k 0.00
Americ Int Gr Frac Warrant 0.0 $0 21k 0.00
Interleukin Genetics 0.0 $3.0k 15k 0.20
Mru Holdings Inc equities 0.0 $0 65k 0.00
Rf Surgical Systems 0.0 $0 15k 0.00