Hester Capital Management

Hester Capital Management as of June 30, 2011

Portfolio Holdings for Hester Capital Management

Hester Capital Management holds 86 positions in its portfolio as reported in the June 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Accenture (ACN) 3.3 $19M 320k 60.42
Covidien 2.8 $17M 311k 53.23
Exxon Mobil Corporation (XOM) 2.8 $16M 202k 81.38
CVS Caremark Corporation (CVS) 2.7 $16M 416k 37.58
Thermo Fisher Scientific (TMO) 2.6 $16M 242k 64.39
Hanesbrands (HBI) 2.5 $15M 526k 28.55
Apache Corporation 2.5 $14M 117k 123.39
General Dynamics Corporation (GD) 2.5 $14M 194k 74.52
Republic Services (RSG) 2.4 $14M 463k 30.85
News Corporation 2.4 $14M 793k 17.70
Intel Corporation (INTC) 2.4 $14M 630k 22.16
Koninklijke Philips Electronics NV (PHG) 2.4 $14M 539k 25.68
Illinois Tool Works (ITW) 2.4 $14M 245k 56.49
Tyco International Ltd S hs 2.3 $14M 278k 49.43
Coca-Cola Company (KO) 2.3 $14M 202k 67.29
AECOM Technology Corporation (ACM) 2.3 $14M 497k 27.34
Microsoft Corporation (MSFT) 2.3 $13M 514k 26.00
Western Union Company (WU) 2.2 $13M 649k 20.03
Hewlett-Packard Company 2.2 $13M 355k 36.40
International Business Machines (IBM) 2.2 $13M 75k 171.55
Via 2.1 $13M 246k 51.00
MDU Resources (MDU) 2.0 $12M 535k 22.50
MetLife (MET) 2.0 $12M 273k 43.87
Baker Hughes Incorporated 1.9 $11M 156k 72.56
EQT Corporation (EQT) 1.9 $11M 214k 52.52
Affiliated Managers (AMG) 1.9 $11M 110k 101.45
Gentex Corporation (GNTX) 1.9 $11M 361k 30.23
Amdocs Ltd ord (DOX) 1.8 $11M 351k 30.39
Cisco Systems (CSCO) 1.8 $11M 680k 15.61
Nike (NKE) 1.8 $11M 118k 89.98
Kimberly-Clark Corporation (KMB) 1.8 $11M 159k 66.56
WESCO International (WCC) 1.7 $10M 186k 54.09
Noble Corporation Com Stk 1.7 $10M 257k 39.41
Vodafone 1.7 $10M 376k 26.72
Emerson Electric (EMR) 1.7 $10M 178k 56.25
General Electric Company 1.7 $9.8M 521k 18.86
Petroleo Brasileiro SA (PBR) 1.6 $9.7M 286k 33.86
International Flavors & Fragrances (IFF) 1.6 $9.4M 147k 64.24
HSBC Holdings (HSBC) 1.6 $9.2M 186k 49.62
SK Tele 1.4 $8.1M 434k 18.70
Valassis Communications 1.3 $7.8M 258k 30.30
Alcoa 1.3 $7.4M 469k 15.86
McCormick & Company, Incorporated (MKC) 1.1 $6.7M 135k 49.57
McDonald's Corporation (MCD) 1.1 $6.6M 79k 84.32
DENTSPLY International 1.0 $6.0M 159k 38.08
Ingram Micro 1.0 $5.8M 322k 18.14
Staples 0.9 $5.6M 352k 15.80
iShares MSCI Hong Kong Index Fund (EWH) 0.7 $4.0M 216k 18.52
iShares MSCI South Korea Index Fund (EWY) 0.6 $3.2M 50k 65.00
PowerShares Gld Drg Haltr USX China 0.5 $3.2M 120k 26.27
ConAgra Foods (CAG) 0.5 $3.1M 121k 25.81
iShares MSCI Taiwan Index 0.5 $2.7M 177k 15.18
iShares MSCI Sweden Index (EWD) 0.4 $2.3M 71k 31.78
iShares MSCI Austria Investable Mkt (EWO) 0.4 $2.1M 94k 22.76
iShares MSCI Australia Index Fund (EWA) 0.3 $1.7M 64k 26.05
iShares MSCI Singapore Index Fund 0.3 $1.6M 113k 13.73
Con-way 0.2 $1.4M 36k 38.80
iShares MSCI Germany Index Fund (EWG) 0.2 $1.4M 52k 26.90
iShares MSCI Israel Capped Inv Mar ETF (EIS) 0.2 $1.2M 23k 54.75
iShares MSCI Switzerland Index Fund (EWL) 0.2 $1.1M 40k 26.61
iShares FTSE/Xinhua China 25 Index (FXI) 0.2 $966k 23k 42.93
Market Vector Russia ETF Trust 0.1 $766k 20k 38.56
iShares MSCI Canada Index (EWC) 0.1 $766k 24k 31.68
iShares MSCI Chile Inv. Mt. Idx (ECH) 0.1 $720k 9.6k 75.39
iShares MSCI France Index (EWQ) 0.1 $683k 25k 27.65
IPATH MSCI India Index Etn 0.1 $622k 8.9k 70.12
SPDR Gold Trust (GLD) 0.1 $507k 3.5k 145.90
Technology SPDR (XLK) 0.1 $502k 20k 25.68
Claymore/AlphaShares China Small Cap ETF 0.1 $510k 18k 28.25
iShares MSCI Brazil Index (EWZ) 0.1 $543k 7.4k 73.38
iShares MSCI Netherlands Investable (EWN) 0.1 $515k 24k 21.55
iShares MSCI Emerging Markets Indx (EEM) 0.1 $487k 10k 47.63
iShares MSCI EAFE Index Fund (EFA) 0.1 $470k 7.8k 60.14
Industrial SPDR (XLI) 0.1 $483k 13k 37.27
iShares S&P SmallCap 600 Growth (IJT) 0.1 $410k 5.1k 80.39
Consumer Discretionary SPDR (XLY) 0.1 $350k 8.7k 40.16
iShares Dow Jones Select Dividend (DVY) 0.1 $355k 6.7k 52.99
Vanguard Small-Cap ETF (VB) 0.1 $351k 4.5k 78.00
Health Care SPDR (XLV) 0.1 $300k 8.4k 35.51
Noble Energy 0.1 $318k 3.6k 89.53
Energy Select Sector SPDR (XLE) 0.1 $293k 3.9k 75.44
iShares MSCI Mexico Inv. Mt. Idx. (EWW) 0.1 $288k 4.6k 62.47
Philip Morris International (PM) 0.0 $225k 3.4k 66.83
Southside Bancshares (SBSI) 0.0 $235k 12k 19.88
Kinder Morgan Energy Partners 0.0 $241k 3.3k 72.50
Consumer Staples Select Sect. SPDR (XLP) 0.0 $223k 7.1k 31.22