Kingfisher Capital

Kingfisher Capital as of Dec. 31, 2011

Portfolio Holdings for Kingfisher Capital

Kingfisher Capital holds 0 positions in its portfolio as reported in the December 2011 quarterly 13F filing

                MKT VALUE
13 F INFO 9-30-11             TITLE OF                     MARKET      DIV BY                 INVESTING         VOTING AUTHORITY
DESCRIPTION                    CLASS     SYMBOL CUSIP      VALUE       1000        QUANTITY  DISCRETION    NONE     SOLE    SHARED
------------------------------------------------------------------------------------------------------------------------------------
{S}                            {C}       {C}    {C}       {C}           {C}        {C}       {C}       {C}        {C}          {C}

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Apple Inc.                      Equities   AAPL  37833100    $3,220,155    $3,220    7,951     sole        5,444     2,507     none
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Abbott Labs                     Equities   ABT   2824100     $1,361,385    $1,361   24,211     sole       19,140     5,071     none
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Accenture Ltd                   Equities   ACN  G1150G111    $1,000,085    $1,000   18,788     sole       10,574     8,214     none
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ALPS Alerian MLP ETF            Equities   AMLP 00162Q866    $1,825,292    $1,825  109,825     sole       61,842    47,983     none
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A123 Systems Com    Usd0.001    Equities   AONE 03739T108       $22,208       $22   13,794     sole        7,985     5,809     none
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ARM Holdings Plc Adr            Equities   ARMH  42068106      $610,705      $611   22,071     sole       12,314     9,757     none
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Allegheny Technologies Inc      Equities   ATI  01741R102    $1,083,435    $1,083   22,666     sole       12,777     9,889     none
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Activision Blizzard, Inc.       Equities   ATVI 00507V109      $608,177      $608   49,365     sole       27,648    21,717     none
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American Water Works Co.        Equities   AWK   30420103    $1,095,729    $1,096   34,392     sole       20,178    14,214     none
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Bank of America Corporation     Equities   BAC   60505104      $178,954      $179   32,186     sole       32,186         0     none
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Bed Bath & Beyond Incorporated  Equities   BBBY  75896100      $724,799      $725   12,503     sole        6,998     5,505     none
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BB^T Corporation                Equities   BBT   54937107      $238,133      $238    9,461     sole        9,461         0     none
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Becton, Dickinson and Company   Equities   BDX   75887109      $210,785      $211    2,821     sole        2,689       132     none
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Saul Centers, Inc.              Equities   BFS  804395101      $207,207      $207    5,850     sole        5,850         0     none
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Bank Of Montreal Comnpv         Equities   BMO   63671101    $1,001,434    $1,001   18,271     sole       10,291     7,980     none
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Vanguard Total Bond Market ETF  Equities   BND  921937835    $2,786,143    $2,786   33,351     sole       20,967    12,384     none
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Berkshire Hathaway Inc. Class   Equities   BRKA  84670108    $1,032,795    $1,033        9     sole            9         0     none
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Berkshire Hathaway  Inc Del Cl  Equities   BRKB  84670702    $1,495,099    $1,495   19,595     sole       19,441       154     none
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Blackstone Group L Pcom Unit R  Equities   BX   09253U108      $590,353      $590   42,138     sole       23,303    18,835     none
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Avis Budget Group, Inc.         Equities   CAR   53774105      $753,702      $754   70,308     sole       39,555    30,753     none
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Brightpoint Inc     Com New     Equities   CELL 109473405      $178,046      $178   16,547     sole        9,392     7,155     none
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iShares Barclays Credit Bond    Equities   CFT  464288620    $2,194,454    $2,194   20,140     sole       12,352     7,788     none
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Calamos Conv Opps & Inc Fd      Equities   CHI  128117108    $1,091,544    $1,092   96,940     sole       89,699     7,241     none
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Check Point Software Technolog  Equities   CHKP M22465104      $596,224      $596   11,348     sole        6,337     5,011     none
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China Mobile (Hong Kong) Ltd.   Equities   CHL  16941M109      $264,416      $264    5,453     sole        5,207       246     none
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iShares Barclays Intermediate   Equities   CIU  464288638    $1,080,267    $1,080   10,079     sole        8,839     1,240     none
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Colgate-Palmolive Company       Equities   CL   194162103      $623,448      $623    6,748     sole        6,748         0     none
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Continental Resources Inc       Equities   CLR  212015101      $576,641      $577    8,644     sole        4,828     3,816     none
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Comerica Incorporated           Equities   CMA  200340107      $417,528      $418   16,183     sole        5,394    10,789     none
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Coach, Inc.                     Equities   COH  189754104      $675,163      $675   11,061     sole        6,248     4,813     none
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Canadian Oil Sands Trust        Equities   COSWF13642L100    $1,058,558    $1,059   46,430     sole       33,401    13,029     none
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iShares Tr Barclys 1-3yr Cr     Equities   CSJ  464288646    $2,528,517    $2,529   24,266     sole       14,898     9,368     none
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Chevron Corporation             Equities   CVX  166764100      $250,998      $251    2,359     sole        1,799       560     none
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Credit Suisse High Yield Bond   Equities   DHY  22544F103      $176,846      $177   61,405     sole       54,485     6,920     none
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Walt Disney Company             Equities   DIS  254687106      $613,275      $613   16,354     sole        9,283     7,071     none
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Dr Pepper Snapple Group, Inc.   Equities   DPS  26138E109      $561,445      $561   14,221     sole        7,858     6,363     none
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Duff & Phelps Utilities & Corp  Equities   DUC  26432K108    $1,482,726    $1,483  123,150     sole       93,634    29,516     none
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Duke Energy Corporation New     Equities   DUK  26441C105    $1,164,438    $1,164   52,929     sole       31,659    21,270     none
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iShares Dow Jones Select Divid  Equities   DVY  464287168    $1,691,819    $1,692   31,464     sole       28,959     2,505     none
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iShares Inc Mcsi Chile Investa  Equities   ECH  464286640      $302,920      $303    5,249     sole        3,882     1,367     none
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Ecolab Incorporated             Equities   ECL  278865100      $215,573      $216    3,729     sole        2,151     1,578     none
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Morgan Stanley Emerging Market  Equities   EDD  617477104    $2,442,785    $2,443  172,635     sole      125,416    47,219     none
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Energy Recovery Inc Com         Equities   ERII 29270J100      $155,847      $156   60,406     sole       38,961    21,445     none
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Eaton Vance Txmg Gl Bu          Equities   ETW  27829C105      $462,960      $463   45,035     sole       45,035         0     none
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iShares MSCI Canada             Equities   EWC  464286509    $1,705,353    $1,705   64,111     sole       41,558    22,553     none
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Ishares Inc Msci    Germany In  Equities   EWG  464286806    $1,305,595    $1,306   67,929     sole       43,790    24,139     none
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Exelon Corporation              Equities   EXC  30161N101      $646,273      $646   14,901     sole       14,358       543     none
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First Trust Global Wind Energy  Equities   FAN  33736G106      $158,875      $159   20,060     sole       11,565     8,495     none
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Aberdeen Asia Pacific Income    Equities   FAX   3009107       $755,716      $756  103,099     sole       94,825     8,274     none
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General Electric Company        Equities   GE   369604103    $1,890,938    $1,891  105,580     sole       82,604    22,976     none
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SPDR Gold Shares                Equities   GLD  78463V107    $2,041,378    $2,041   13,431     sole        8,648     4,783     none
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Google Inc. Class A             Equities   GOOG 38259P508      $662,693      $663    1,026     sole          620       406     none
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Goldman Sachs Group, Inc.       Equities   GS   38141G104      $600,907      $601    6,645     sole        3,727     2,918     none
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GLOBAL X/INTERBOLSA FTSE        Equities   GXG  37950E200      $203,415      $203   11,415     sole        8,455     2,960     none
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HSBC Holdings Plc Adr           Equities   HBC  404280406      $210,083      $210    5,514     sole        4,561       953     none
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Hugoton Royalty Tr Ubi Units O  Equities   HGT  444717102      $344,508      $345   18,286     sole       15,343     2,943     none
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H. J. Heinz Company             Equities   HNZ  423074103      $964,668      $965   17,851     sole       13,331     4,520     none
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Starwood Hotels & Resorts Worl  Equities   HOT  85590A401      $683,045      $683   14,239     sole        7,093     7,146     none
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Helmerich & Payne Inc           Equities   HP   423452101      $450,598      $451    7,721     sole        4,909     2,812     none
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Hyflux Ltd                      Equities   HYFXF Y3817K10       $77,585       $78   83,425     sole       48,227    35,198     none
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ING Asia Pacific High Dividend  Equities   IAE  44983J107      $439,337      $439   30,961     sole       29,651     1,310     none
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iShares Gold Trust              Equities   IAU  464285105    $3,018,677    $3,019  198,206     sole      142,889    55,317     none
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iShares NASDAQ Biotechnology S  Equities   IBB  464287556    $2,214,829    $2,215   21,225     sole       13,425     7,800     none
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International Business Machine  Equities   IBM  459200101    $1,390,317    $1,390    7,561     sole        5,005     2,556     none
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iShares Dow Jones Intl Select   Equities   IDV  464288448      $399,776      $400   13,465     sole       12,827       638     none
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MarketVectors Etf  Tr Indonesi  Equities   IDX  57060U753    $1,897,440    $1,897   66,647     sole       42,547    24,100     none
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iShares Tr Lehman 3-7 Yr        Equities   IEI  464288661      $918,107      $918    7,523     sole        4,580     2,943     none
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The India Fund, Inc.            Equities   IFN  454089103    $1,380,371    $1,380   72,498     sole       46,552    25,946     none
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iShares S^P/Citi Intl Treasury  Equities   IGOV 464288117    $1,871,726    $1,872   18,736     sole       11,424     7,312     none
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ING Clarion Global Real Estate  Equities   IGR  12504G100      $246,151      $246   35,987     sole       34,084     1,903     none
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iShares S^P MidCap 400 Growth   Equities   IJK  464287606      $348,023      $348    3,525     sole        2,348     1,177     none
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iShares S^P Latin America 40 I  Equities   ILF  464287390    $1,981,506    $1,982   46,547     sole       30,281    16,266     none
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Intel Corporation               Equities   INTC 458140100      $956,857      $957   39,458     sole       38,928       530     none
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iShares Russell 2000 Growth In  Equities   IWO  464287648    $4,236,264    $4,236   50,294     sole       28,308    21,986     none
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IShares S^P Global Healthcare   Equities   IXJ  464287325    $2,207,985    $2,208   39,344     sole       26,050    13,294     none
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iShares Dow Jones US Real Esta  Equities   IYR  464287739    $1,691,234    $1,691   29,770     sole       18,029    11,741     none
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Johnson Controls, Inc.          Equities   JCI  478366107      $781,312      $781   24,994     sole       14,307    10,687     none
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iPath DJ-UBS Grains TR Sub-Idx  Equities   JJG  06739H305    $1,394,669    $1,395   30,972     sole       19,666    11,306     none
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Johnson & Johnson               Equities   JNJ  478160104      $616,845      $617    9,406     sole        9,406         0     none
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JP Morgan Chase & Co.           Equities   JPM  46625H100      $725,149      $725   21,809     sole       11,850     9,959     none
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Kinder Morgan Mgmt (KMR)        Equities   KMR  49455U100      $884,874      $885   11,269     sole       11,269         0     none
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Coca-Cola Company               Equities   KO   191216100      $751,758      $752   10,744     sole       10,744         0     none
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Kayne Anderson Mlp Invt         Equities   KYN  486606106    $3,007,511    $3,008   99,029     sole       73,994    25,035     none
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iShares Goldman Sachs Investop  Equities   LQD  464287242    $3,119,527    $3,120   27,422     sole       20,293     7,129     none
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Lvmh Moet New Adr               Equities   LVMUY502441306      $847,384      $847   30,156     sole       16,993    13,163     none
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Mastercard Incorporated         Equities   MA   57636Q104      $918,628      $919    2,464     sole        1,205     1,259     none
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McDonald's Corporation          Equities   MCD  580135101      $593,151      $593    5,912     sole        3,659     2,253     none
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SPDR S^P Midcap 400 Etf Tr Uni  Equities   MDY  78467Y107    $4,541,478    $4,541   28,475     sole       18,248    10,227     none
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MFS Multimarket Income Trust    Equities   MMT  552737108    $1,948,773    $1,949  289,996     sole      232,712    57,284     none
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Momenta Pharmaceuticals, Inc.   Equities   MNTA 60877T100      $444,854      $445   25,581     sole       16,184     9,397     none
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MarketVectors Agribusiness ETF  Equities   MOO  57060U605      $645,578      $646   13,692     sole        6,293     7,399     none
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Microsoft Corporation           Equities   MSFT 594918104      $861,622      $862   33,190     sole       23,333     9,857     none
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iShares Tr S^p Natl Mun B       Equities   MUB  464288414    $1,046,669    $1,047    9,669     sole        6,853     2,816     none
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Nextera Energy Inc.             Equities   NEE  65339F101      $238,041      $238    3,910     sole        3,910         0     none
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Nucor Corporation               Equities   NUE  670346105      $498,384      $498   12,595     sole        8,482     4,113     none
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Novo-Nordisk A-S Adr            Equities   NVO  670100205      $600,389      $600    5,209     sole        3,419     1,790     none
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Oracle Corporation              Equities   ORCL 68389X105      $561,376      $561   21,886     sole       13,932     7,954     none
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Occidental Petroleum Corporati  Equities   OXY  674599105      $318,018      $318    3,394     sole        1,075     2,319     none
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Plum Creek Timber Company, Inc  Equities   PCL  729251108      $998,929      $999   27,323     sole       18,015     9,308     none
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Precision Castparts Cp          Equities   PCP  740189105      $601,319      $601    3,649     sole        2,037     1,612     none
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PepsiCo                         Equities   PEP  713448108    $1,580,196    $1,580   23,816     sole       19,560     4,256     none
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Pfizer Inc.                     Equities   PFE  717081103      $772,397      $772   35,693     sole       33,211     2,482     none
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iShares S^P U.S. Preferred Sto  Equities   PFF  464288687    $1,404,247    $1,404   39,423     sole       37,875     1,548     none
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Procter & Gamble Company        Equities   PG   742718109    $1,828,054    $1,828   27,403     sole       20,450     6,953     none
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PowerShares Global Water Portf  Equities   PHO  73935X575      $284,024      $284   16,856     sole        9,718     7,138     none
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Piedmont Natural Gas Company,   Equities   PNY  720186105      $269,122      $269    7,920     sole        7,520       400     none
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Putnam Premier Income Trust Sh  Equities   PPT  746853100      $289,680      $290   55,815     sole       51,111     4,704     none
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Prudential Financial, Inc.      Equities   PRU  744320102      $721,979      $722   14,405     sole        8,163     6,242     none
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Praxair, Inc.                   Equities   PX   74005P104      $665,773      $666    6,228     sole        3,744     2,484     none
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PowerShares Cleantech Portfoli  Equities   PZD  73935x278      $269,877      $270   12,546     sole        7,247     5,299     none
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QUALCOMM, Incorporated          Equities   QCOM 747525103    $1,013,482    $1,013   18,528     sole       12,406     6,122     none
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PowerShares QQQ Trust, Series   Equities   QQQ  631100104    $1,677,133    $1,677   30,040     sole       16,997    13,043     none
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Roche Hldg Ltd Spons            Equities   RHHBY 71195104      $756,156      $756   17,771     sole        9,977     7,794     none
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Raymond James Finl Inc          Equities   RJF  754730109      $600,345      $600   19,391     sole       10,868     8,523     none
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Rockwell Automation, Inc.       Equities   ROK  773903109      $607,504      $608    8,280     sole        4,644     3,636     none
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Royal Bank of Canada            Equities   RY   780087102    $1,398,088    $1,398   27,435     sole       21,943     5,492     none
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SCANA Corporation               Equities   SCG  80589M102    $1,447,553    $1,448   32,125     sole       32,125         0     none
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Schwab U.S. TIPS ETF            Equities   SCHP 808524870    $1,556,693    $1,557   27,988     sole       15,107    12,881     none
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iShares Tr 1-3 Yr Trs Bd        Equities   SHY  464287457    $3,318,822    $3,319   39,276     sole       28,535    10,741     none
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Sonoco Products Company         Equities   SON  835495102      $266,548      $267    8,087     sole        8,087         0     none
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ProShares Tr Ultra S^P 500      Equities   SSO  74347R107    $2,518,235    $2,518   54,284     sole       35,190    19,094     none
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TAL International Group, Inc.   Equities   TAL  874083108      $585,905      $586   20,351     sole       11,375     8,976     none
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Claymore/MAC Global Solar Ener  Equities   TAN  18383M621      $104,059      $104   42,129     sole       24,047    18,082     none
-----------------------------------------------------

Transdigm Group Inc Com         Equities   TDG  893641100      $655,312      $655    6,849     sole        3,815     3,034     none
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Telefonica S A Sponsored ADR    Equities   TEF  879382208      $958,119      $958   55,737     sole       32,321    23,416     none
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TIFFANY & CO                    Equities   TIF  886547108      $914,322      $914   13,799     sole        9,607     4,192     none
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iShares Tr US Tips Bd Fd        Equities   TIP  464287176    $5,057,537    $5,058   43,342     sole       34,571     8,771     none
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Total S.A. Sponsored ADR        Equities   TOT  89151E109      $846,535      $847   16,563     sole       11,005     5,558     none
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Targacept Inc                   Equities   TRGT 87611R306       $95,542       $96   17,153     sole       17,153         0     none
-----------------------------------------------------

Travelers Company, Inc.         Equities   TRV  89417E109      $733,590      $734   12,398     sole        7,016     5,382     none
-----------------------------------------------------

Taiwan Semiconductor Manufactu  Equities   TSM  874039100      $258,626      $259   20,033     sole       18,967     1,066     none
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ISHARES MSCI TURKEY INVESTABLE  Equities   TUR  464286715    $1,936,583    $1,937   47,073     sole       30,157    16,916     none
-----------------------------------------------------

Unilever N V New York Shs       Equities   UN   904784709    $1,449,555    $1,450   42,175     sole       28,381    13,794     none
-----------------------------------------------------

Union Pacific Corporation       Equities   UNP  907818108      $607,566      $608    5,735     sole        3,216     2,519     none
-----------------------------------------------------

United Technologies Corporatio  Equities   UTX  913017109    $1,558,571    $1,559   21,324     sole       17,549     3,775     none
-----------------------------------------------------

PROSHARES TRUST                 Equities   UWM  74347R842    $4,179,261    $4,179  119,887     sole       76,804    43,083     none
-----------------------------------------------------

V F Corporation                 Equities   VFC  918204108      $272,140      $272    2,143     sole        2,029       114     none
-----------------------------------------------------

Vanguard Intl Eqty Idx Emr Mkt  Equities   VWO  922042858    $1,577,538    $1,578   41,286     sole       26,887    14,399     none
-----------------------------------------------------

Verizon Communications          Equities   VZ   92343V104    $2,135,687    $2,136   53,232     sole       40,057    13,175     none
-----------------------------------------------------

Waste Management, Inc.          Equities   WM   94106L109    $1,140,074    $1,140   34,854     sole       26,199     8,655     none
-----------------------------------------------------

Aqua America, Inc.              Equities   WTR  03836W103      $323,165      $323   14,656     sole       14,656         0     none
-----------------------------------------------------

Wynn Resorts Ltd                Equities   WYNN 983134107      $600,845      $601    5,438     sole        3,035     2,403     none
-----------------------------------------------------

Select Sector SPDR Trust-Finan  Equities   XLF  81369Y605    $1,039,935    $1,040   79,995     sole       50,366    29,629     none
-----------------------------------------------------

Select Sector SPDR Trust-Consu  Equities   XLP  81369Y308      $263,137      $263    8,099     sole        5,388     2,711     none
-----------------------------------------------------

Exxon Mobil Corporation         Equities   XOM  30231G102    $2,020,381    $2,020   23,836     sole       19,969     3,867     none
-----------------------------------------------------

YUM! Brands, Inc.               Equities   YUM  988498101      $319,657      $320    5,417     sole        5,153       264     none
-----------------------------------------------------


-----------------------------------------------------

                                                           $158,579,025  $158,579
                                                                                   4,678,874           3,347,742
                                                                                                                 1,331,132     none
-----------------------------------------------------