Hardesty Capital Management Corp.

Hardesty Capital Management as of March 31, 2012

Portfolio Holdings for Hardesty Capital Management

Hardesty Capital Management holds 120 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
Exxon Mobil Corporation (XOM) 4.9 $19M 216k 86.73
International Business Machines (IBM) 3.2 $12M 59k 208.65
Intel Corporation (INTC) 2.9 $11M 386k 28.11
General Electric Company 2.6 $10M 503k 20.07
Oracle Corporation (ORCL) 2.4 $9.1M 311k 29.16
Microsoft Corporation (MSFT) 2.3 $8.8M 272k 32.25
Procter & Gamble Company (PG) 2.3 $8.6M 129k 67.21
Target Corporation (TGT) 2.2 $8.5M 145k 58.27
United Technologies Corporation 2.2 $8.4M 102k 82.94
Caterpillar (CAT) 2.0 $7.7M 73k 106.52
Chubb Corporation 2.0 $7.7M 111k 69.11
Johnson & Johnson (JNJ) 2.0 $7.6M 116k 65.96
Enterprise Products Partners (EPD) 2.0 $7.5M 150k 50.47
Automatic Data Processing (ADP) 1.9 $7.4M 134k 55.19
Harley-Davidson (HOG) 1.8 $6.7M 137k 49.08
Whirlpool Corporation (WHR) 1.7 $6.5M 85k 76.86
Amgen (AMGN) 1.7 $6.5M 95k 67.97
Merck & Co (MRK) 1.7 $6.3M 165k 38.40
Colgate-Palmolive Company (CL) 1.6 $6.1M 62k 97.78
Hewlett-Packard Company 1.6 $5.9M 249k 23.83
E.I. du Pont de Nemours & Company 1.6 $5.9M 112k 52.90
Chevron Corporation (CVX) 1.5 $5.9M 55k 107.21
Emerson Electric (EMR) 1.5 $5.9M 112k 52.18
Coca-Cola Company (KO) 1.5 $5.8M 79k 74.01
Diamond Offshore Drilling 1.5 $5.8M 87k 66.75
Wells Fargo & Company (WFC) 1.4 $5.5M 161k 34.14
Bristol Myers Squibb (BMY) 1.4 $5.4M 159k 33.75
Corning Incorporated (GLW) 1.4 $5.3M 379k 14.08
Verisk Analytics (VRSK) 1.3 $4.9M 105k 46.97
Abbott Laboratories (ABT) 1.3 $4.9M 80k 61.30
Norfolk Southern (NSC) 1.2 $4.7M 72k 65.83
Lowe's Companies (LOW) 1.2 $4.7M 150k 31.38
Newell Rubbermaid (NWL) 1.2 $4.6M 257k 17.81
JPMorgan Chase & Co. (JPM) 1.2 $4.5M 98k 45.98
At&t (T) 1.2 $4.5M 144k 31.23
V.F. Corporation (VFC) 1.2 $4.5M 31k 145.97
Duke Energy Corporation 1.1 $4.2M 198k 21.01
Lockheed Martin Corporation (LMT) 1.1 $4.1M 46k 89.86
Kraft Foods 1.1 $4.1M 107k 38.01
Pepsi (PEP) 1.0 $3.9M 59k 66.35
Walt Disney Company (DIS) 1.0 $3.9M 88k 43.78
Leggett & Platt (LEG) 1.0 $3.9M 169k 23.01
Vanguard FTSE All-World ex-US ETF (VEU) 1.0 $3.9M 88k 44.22
3M Company (MMM) 1.0 $3.8M 43k 89.20
Verizon Communications (VZ) 1.0 $3.6M 95k 38.23
Tiffany & Co. 0.9 $3.6M 52k 69.14
Vulcan Materials Company (VMC) 0.9 $3.5M 83k 42.73
Nucor Corporation (NUE) 0.9 $3.3M 77k 42.96
United Parcel Service (UPS) 0.9 $3.3M 41k 80.73
Philip Morris International (PM) 0.9 $3.3M 37k 88.62
Staples 0.9 $3.3M 202k 16.19
Olin Corporation (OLN) 0.8 $3.2M 147k 21.75
Google 0.8 $3.1M 4.8k 641.16
Comcast Corporation 0.8 $3.0M 103k 29.51
T. Rowe Price (TROW) 0.8 $3.0M 46k 65.30
Capital One Financial (COF) 0.8 $3.0M 54k 55.75
Stryker Corporation (SYK) 0.8 $3.0M 54k 55.48
SYSCO Corporation (SYY) 0.8 $3.0M 99k 29.86
Altria (MO) 0.7 $2.6M 83k 30.87
Taiwan Semiconductor Mfg (TSM) 0.6 $2.3M 153k 15.28
TriQuint Semiconductor 0.6 $2.1M 303k 6.89
Vanguard Small-Cap ETF (VB) 0.6 $2.1M 27k 78.72
Boeing Company (BA) 0.5 $2.0M 27k 74.39
Ingersoll-rand Co Ltd-cl A 0.5 $2.0M 49k 41.35
iShares MSCI Brazil Index (EWZ) 0.5 $2.0M 31k 64.65
SPDR Dow Jones Industrial Average ETF (DIA) 0.5 $2.0M 15k 131.81
Vanguard Emerging Markets ETF (VWO) 0.5 $1.8M 42k 43.47
Quiksilver 0.5 $1.8M 439k 4.04
Vanguard FTSE All Wld Ex USSml Cap (VSS) 0.5 $1.8M 20k 88.97
Apache Corporation 0.4 $1.6M 15k 100.47
UnitedHealth (UNH) 0.4 $1.4M 24k 58.94
PNC Financial Services (PNC) 0.4 $1.4M 21k 64.49
Spdr S&p 500 Etf (SPY) 0.3 $1.3M 9.6k 140.79
Schlumberger (SLB) 0.3 $1.3M 19k 69.92
Chesapeake Utilities Corporation (CPK) 0.3 $1.2M 29k 41.12
Akamai Technologies (AKAM) 0.3 $1.0M 28k 36.70
Celgene Corporation 0.3 $1.0M 13k 77.50
Bank of America Corporation (BAC) 0.3 $1.0M 105k 9.57
Varian Medical Systems 0.3 $983k 14k 68.96
American Capital 0.2 $949k 109k 8.68
Noble Energy 0.2 $782k 8.0k 97.75
Nordstrom (JWN) 0.2 $745k 13k 55.74
Paccar (PCAR) 0.2 $755k 16k 46.84
Medtronic 0.2 $719k 18k 39.18
M&T Bank Corporation (MTB) 0.2 $694k 8.0k 86.85
PPG Industries (PPG) 0.2 $673k 7.0k 95.80
Ens 0.2 $640k 12k 52.91
Cisco Systems (CSCO) 0.2 $661k 31k 21.16
WellPoint 0.2 $642k 8.7k 73.79
Computer Services 0.2 $594k 18k 33.00
eBay (EBAY) 0.1 $577k 16k 36.89
Washington Real Estate Investment Trust (ELME) 0.1 $483k 16k 29.68
Vanguard Europe Pacific ETF (VEA) 0.1 $445k 13k 34.00
Occidental Petroleum Corporation (OXY) 0.1 $386k 4.1k 95.31
Pfizer (PFE) 0.1 $327k 15k 22.61
Transocean (RIG) 0.1 $356k 6.5k 54.64
EQUITABLE RES Inc Com Stk 0.1 $325k 6.8k 48.15
Precision Drilling Corporation 0.1 $342k 34k 10.04
Berkshire Hathaway (BRK.B) 0.1 $322k 4.0k 81.03
H.J. Heinz Company 0.1 $296k 5.5k 53.57
SPDR S&P Dividend (SDY) 0.1 $296k 5.2k 56.60
Diebold Incorporated 0.1 $262k 6.8k 38.53
Ultra Petroleum 0.1 $262k 12k 22.66
Brown-Forman Corporation (BF.B) 0.1 $250k 3.0k 83.33
Deere & Company (DE) 0.1 $283k 3.5k 80.86
Kinder Morgan Energy Partners 0.1 $252k 3.0k 82.89
Davis Ny Venture Fd Cl A (NYVTX) 0.1 $276k 7.6k 36.23
Praxair 0.1 $239k 2.1k 114.68
TJX Companies (TJX) 0.1 $226k 5.7k 39.65
Southern Company (SO) 0.1 $216k 4.8k 44.86
Devon Energy Corporation (DVN) 0.1 $202k 2.8k 71.03
Franklin Income Fd Class C (FCISX) 0.0 $71k 32k 2.22
Blonder Tongue Labs (BDRL) 0.0 $72k 59k 1.22
GMX Resources 0.0 $27k 21k 1.29
Franklin Custodian Fds Inc income advisr (FRIAX) 0.0 $47k 22k 2.14
Lb Ros Ppn S&p Index Due 0.000 0.0 $20k 10k 2.00
Quaterra Resources 0.0 $18k 34k 0.53
PositiveID Corporation (PSID) 0.0 $5.2k 43k 0.12
Eastern Asteria 0.0 $0 2.5M 0.00
Energiz Renewable 0.0 $6.0k 20k 0.30