Marble Harbor Investment Counsel

Marble Harbor Investment Counsel as of Dec. 31, 2011

Portfolio Holdings for Marble Harbor Investment Counsel

Marble Harbor Investment Counsel holds 114 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
Exxon Mobil Corporation (XOM) 7.4 $18M 215k 84.76
Procter & Gamble Company (PG) 5.9 $15M 219k 66.71
Abbott Laboratories (ABT) 5.0 $13M 222k 56.23
Automatic Data Processing (ADP) 3.5 $8.8M 162k 54.01
Pfizer (PFE) 3.5 $8.5M 395k 21.64
General Electric Company 3.2 $7.9M 442k 17.91
Pepsi (PEP) 2.9 $7.2M 108k 66.35
Cisco Systems (CSCO) 2.9 $7.1M 391k 18.08
Iron Mountain Incorporated 2.6 $6.4M 208k 30.80
Coca-Cola Company (KO) 2.4 $5.9M 84k 69.96
Microsoft Corporation (MSFT) 2.2 $5.4M 208k 25.96
Linear Technology Corporation 2.1 $5.1M 171k 30.02
Schlumberger (SLB) 2.0 $4.9M 72k 68.31
Healthcare Realty Trust Incorporated 2.0 $4.9M 262k 18.59
3M Company (MMM) 1.9 $4.8M 58k 81.72
Molex Incorporated 1.8 $4.3M 218k 19.78
Northern Trust Corporation (NTRS) 1.7 $4.2M 107k 39.66
Fiserv (FI) 1.6 $3.9M 67k 58.73
Air Products & Chemicals (APD) 1.6 $3.9M 46k 85.17
McDonald's Corporation (MCD) 1.5 $3.8M 38k 100.33
O'Reilly Automotive 1.5 $3.8M 47k 79.93
Johnson & Johnson (JNJ) 1.5 $3.6M 55k 65.58
Vodafone 1.4 $3.5M 123k 28.02
Vanguard Emerging Markets ETF (VWO) 1.4 $3.4M 89k 38.20
PetSmart 1.3 $3.3M 64k 51.28
Walgreen Company 1.3 $3.2M 97k 33.05
Bank of Hawaii Corporation (BOH) 1.3 $3.2M 72k 44.48
Wal-Mart Stores (WMT) 1.2 $3.0M 51k 59.74
Wells Fargo & Company (WFC) 1.2 $3.0M 111k 27.55
Medtronic 1.2 $3.0M 78k 38.25
Ecolab (ECL) 1.1 $2.8M 48k 57.80
Stericycle (SRCL) 1.1 $2.8M 36k 77.92
AFLAC Incorporated (AFL) 1.1 $2.7M 62k 43.25
International Business Machines (IBM) 1.1 $2.6M 14k 183.82
Expeditors International of Washington (EXPD) 1.0 $2.6M 63k 40.95
Western Gas Partners 1.0 $2.5M 62k 41.25
eBay (EBAY) 1.0 $2.5M 83k 30.32
Merck & Co 0.9 $2.3M 61k 37.69
Chevron Corporation (CVX) 0.9 $2.2M 21k 106.36
Emerson Electric (EMR) 0.9 $2.2M 48k 46.58
Diageo (DEO) 0.9 $2.2M 26k 87.38
Intel Corporation (INTC) 0.8 $2.1M 86k 24.24
Teva Pharmaceutical Industries (TEVA) 0.8 $1.9M 48k 40.35
At&t (T) 0.8 $1.9M 63k 30.23
United Technologies Corporation 0.7 $1.8M 24k 73.08
Stryker Corporation (SYK) 0.6 $1.5M 30k 49.69
Progressive Corporation (PGR) 0.6 $1.4M 72k 19.51
Praxair 0.5 $1.3M 12k 106.84
Sigma-Aldrich Corporation 0.5 $1.3M 21k 62.42
Edwards Lifesciences (EW) 0.5 $1.3M 18k 70.70
IDEXX Laboratories (IDXX) 0.5 $1.2M 16k 76.90
E.I. du Pont de Nemours & Company 0.5 $1.2M 27k 45.75
EMC Corporation 0.5 $1.2M 54k 21.53
Johnson Controls 0.5 $1.1M 36k 31.26
Berkshire Hathaway (BRK.B) 0.4 $1.1M 14k 76.26
Apache Corporation 0.4 $1.0M 11k 90.53
BP (BP) 0.4 $907k 21k 42.71
Royal Dutch Shell 0.4 $916k 13k 73.03
Kimberly-Clark Corporation (KMB) 0.3 $866k 12k 73.53
Colgate-Palmolive Company (CL) 0.3 $851k 9.2k 92.31
Duke Energy Corporation 0.3 $754k 34k 22.00
Danaher Corporation (DHR) 0.3 $736k 16k 47.03
Philip Morris International (PM) 0.3 $692k 8.8k 78.46
Qualcomm (QCOM) 0.3 $694k 13k 54.69
Chubb Corporation 0.3 $656k 9.5k 69.14
JPMorgan Chase & Co. (JPM) 0.3 $672k 20k 33.21
Walt Disney Company (DIS) 0.2 $629k 17k 37.46
ConocoPhillips (COP) 0.2 $619k 8.5k 72.79
Covidien 0.2 $582k 13k 44.95
Tyco International Ltd S hs 0.2 $554k 12k 46.70
Unilever 0.2 $529k 15k 34.35
Hewlett-Packard Company 0.2 $443k 17k 25.71
Google 0.2 $456k 706.00 645.89
Costco Wholesale Corporation (COST) 0.2 $408k 4.9k 83.27
Spectra Energy 0.2 $415k 14k 30.74
Boeing Company (BA) 0.2 $418k 5.7k 73.20
Vanguard Growth ETF (VUG) 0.1 $379k 6.1k 61.69
American Express Company (AXP) 0.1 $358k 7.6k 47.11
Southern Company (SO) 0.1 $336k 7.3k 46.15
Zimmer Holdings (ZBH) 0.1 $357k 6.7k 53.39
Rbc Cad (RY) 0.1 $350k 6.9k 50.92
Te Connectivity Ltd for (TEL) 0.1 $340k 11k 30.78
Home Depot (HD) 0.1 $325k 7.8k 41.94
Newmont Mining Corporation (NEM) 0.1 $311k 5.2k 59.92
Parker-Hannifin Corporation (PH) 0.1 $313k 4.1k 76.06
Kinder Morgan Energy Partners 0.1 $310k 3.7k 84.93
Eli Lilly & Co. (LLY) 0.1 $286k 6.9k 41.45
Archer Daniels Midland Company (ADM) 0.1 $291k 10k 28.53
Dominion Resources (D) 0.1 $307k 5.8k 52.93
Altria (MO) 0.1 $306k 10k 29.64
Exelon Corporation (EXC) 0.1 $292k 6.8k 43.26
iShares Barclays TIPS Bond Fund (TIP) 0.1 $291k 2.5k 116.40
Bank of New York Mellon Corporation (BK) 0.1 $261k 13k 19.86
DENTSPLY International 0.1 $272k 7.8k 34.87
C.R. Bard 0.1 $265k 3.1k 85.48
Wisconsin Energy Corporation 0.1 $262k 7.5k 34.93
Mead Johnson Nutrition 0.1 $275k 4.0k 68.60
Novellus Systems 0.1 $280k 6.8k 41.18
Oneok (OKE) 0.1 $277k 3.2k 86.56
Elements Rogers Intl Commodity Etn etf 0.1 $267k 31k 8.50
Huntington Bancshares Incorporated (HBAN) 0.1 $247k 45k 5.49
Kraft Foods 0.1 $248k 6.7k 37.22
Apple (AAPL) 0.1 $240k 593.00 404.72
Target Corporation (TGT) 0.1 $257k 5.0k 51.04
Canadian Natural Resources (CNQ) 0.1 $250k 6.7k 37.31
Vornado Realty Trust (VNO) 0.1 $249k 3.2k 76.71
SPDR Gold Trust (GLD) 0.1 $238k 1.6k 151.59
Anadarko Petroleum Corporation 0.1 $226k 3.0k 76.25
Annaly Capital Management 0.1 $205k 13k 15.89
Enterprise Products Partners (EPD) 0.1 $208k 4.5k 46.22
Hingham Institution for Savings (HIFS) 0.1 $209k 4.4k 47.74
Hologic (HOLX) 0.1 $181k 10k 17.47
Dell 0.1 $161k 11k 14.57
MRV Communications (MRVC) 0.0 $10k 12k 0.83