Marshwinds Advisory

Marshwinds Advisory Company as of Dec. 31, 2012

Portfolio Holdings for Marshwinds Advisory Company

Marshwinds Advisory Company holds 0 positions in its portfolio as reported in the December 2012 quarterly 13F filing

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                                                                  FORM 13F INFORMATION TABLE
                                                           VALUE   SHARES/  SH/ PUT/ INVSTMT    OTHER          VOTING AUTHORITY
        NAME OF ISSUER          TITLE OF CLASS    CUSIP   (x$1000) PRN AMT  PRN CALL DSCRETN   MANAGERS     SOLE    SHARED    NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
3M Company (.94)               COM              88579Y101     2374    25564 SH       SOLE                                      25564
A T & T Corp (.62)             COM              001957505     5002   148378 SH       SOLE                                     148378
AFLAC Inc.                     COM              001055102      407     7668 SH       SOLE                                       7668
AGL Resources                  COM              654086107      952    23818 SH       SOLE                                      23818
Abbott Labs (.95)              COM              002824100     1561    23826 SH       SOLE                                      23826
Alcatel Lucent  (1.24)         COM                              17    12428 SH       SOLE                                      12428
Allergan, Inc. (1.57)          COM              018490102      294     3200 SH       SOLE                                       3200
Ameren Corp (.56)              COM              023608102      505    16425 SH       SOLE                                      16425
American Express Co. (1.32)    COM              025816109     1025    17826 SH       SOLE                                      17826
Amgen (.81)                    COM              031162100     3392    39353 SH       SOLE                                      39353
Analog Devices                 COM                            1182    28101 SH       SOLE                                      28101
Apple Computer                 COM              037833100      519      976 SH       SOLE                                        976
Applied Materials, Inc         COM                             689    60184 SH       SOLE                                      60184
Archer Daniel Midland (.64)    COM              039483102      402    14688 SH       SOLE                                      14688
Autodesk Inc (.78)             COM              052769106     1031    29155 SH       SOLE                                      29155
Automatic Data Processing (1.1 COM              053015103     1200    21077 SH       SOLE                                      21077
BB^T Corporation               COM              054937107      422    14496 SH       SOLE                                      14496
Banco Bilbao Vizcaya Argentari COM                             284    30152 SH       SOLE                                      30152
Bankamerica Corp               COM              060505104      531    45722 SH       SOLE                                      45722
Bemis Corp (1.25)              COM              081437105     1127    33680 SH       SOLE                                      33680
Bristol Myers Squibb (1.02)    COM              110122108     1677    51454 SH       SOLE                                      51454
CSX                            COM              126408103      465    23573 SH       SOLE                                      23573
Cardinal Health Systems, Inc.  COM              14149Y108      697    16927 SH       SOLE                                      16927
Caterpillar, Inc.              COM              149123101      704     7856 SH       SOLE                                       7856
Centurylink, Inc.              COM                             612    15651 SH       SOLE                                      15651
Chevron Texaco (.53)           COM              166764100     2391    22113 SH       SOLE                                      22113
Cisco Systems (1.25)           COM              17275R102     1234    62781 SH       SOLE                                      62781
Coca Cola Company (1)          COM              191216100     5756   158774 SH       SOLE                                     158774
Comerica Inc (1.147)           COM              200340107      538    17743 SH       SOLE                                      17743
Con Edison, Inc. (.67)         COM              209115104     2335    42049 SH       SOLE                                      42049
ConAgra                        COM              205887102      403    13648 SH       SOLE                                      13648
ConnocoPhillips Energy (.70)   COM              20825c104     3407    58748 SH       SOLE                                      58748
D. E. Master Blenders 1753     COM              n2563n109      277    24072 SH       SOLE                                      24072
DTE Enterprise (.58)           COM              233331107     1200    19983 SH       SOLE                                      19983
Deere & Co (1)                 COM              244199105      864    10000 SH       SOLE                                      10000
Dell Computer Corp (.93)       COM              247025109      924    91079 SH       SOLE                                      91079
DuPont de Nemours, Inc. (1.15) COM              263534109     3310    73597 SH       SOLE                                      73597
Duke Energy (.48)              COM              26441c105     2621    41084 SH       SOLE                                      41084
Eaton Corp                     COM                            1403    25900 SH       SOLE                                      25900
Eli Lilly                      COM              532457108     2177    44140 SH       SOLE                                      44140
Emerson Electric (.76)         COM              291011104      815    15394 SH       SOLE                                      15394
Exxon Mobil (.66)              COM              30231G102     2920    33737 SH       SOLE                                      33737
Facebook, Inc                  COM                             572    21500 SH       SOLE                                      21500
Fidelity National Info Service COM              31620M106      208     5968 SH       SOLE                                       5968
Fidelity Natl Financial Corp   COM              316326107      498    21141 SH       SOLE                                      21141
Frontier Communication         COM              35906a108      286    66844 SH       SOLE                                      66844
Gannett Co  (.90)              COM              364730101      190    10535 SH       SOLE                                      10535
General Dynamics Corp          COM              369550108     1101    15900 SH       SOLE                                      15900
General Electric (1)           COM              369604103     4253   202639 SH       SOLE                                     202639
General Mills                  COM              370334104      242     5986 SH       SOLE                                       5986
Google, Inc. Cl A              COM              38259p508      285      403 SH       SOLE                                        403
Great Plains Energy Inc (.77)  COM              391164100     1012    49822 SH       SOLE                                      49822
H. J. Heinz (.82)              COM              423074103      268     4650 SH       SOLE                                       4650
Hershey, Inc. (.65)            COM              427866108     1273    17625 SH       SOLE                                      17625
Home Depot (1.28)              COM              437076102     2357    38107 SH       SOLE                                      38107
Honeywell, Inc. (1.3)          COM              438516106      907    14285 SH       SOLE                                      14285
Hubbell Inc. Cl B (.63)        COM                             367     4333 SH       SOLE                                       4333
Huntington Ingalls Industries  COM              421939307      522    12043 SH       SOLE                                      12043
Ingersoll-Rand (1.26)          COM              G4776G101     1302    27150 SH       SOLE                                      27150
Integry Energy Group, Inc (.92 COM                             800    15325 SH       SOLE                                      15325
Intel (1.23)                   COM              458140100     2444   118504 SH       SOLE                                     118504
Intelimax Media, Inc.          COM                               4    20000 SH       SOLE                                      20000
Intl Bus Mach                  COM              459200101     1399     7306 SH       SOLE                                       7306
Intl Flavors and Fragrences (. COM              459506101      848    12750 SH       SOLE                                      12750
Intl Paper Co (.68)            COM              460146103      326     8176 SH       SOLE                                       8176
Intuit (1.22)                  COM              461202103     1817    30554 SH       SOLE                                      30554
John & John                    COM              478160104     1571    22410 SH       SOLE                                      22410
Johnson Control Inc. (.92)     COM              478366107      472    15375 SH       SOLE                                      15375
Key Corp (.88)                 COM              493267108      245    29050 SH       SOLE                                      29050
Kimberly Clark                 COM              494368103      608     7205 SH       SOLE                                       7205
Kraft Foods Group, Inc.        COM                            2068    45472 SH       SOLE                                      45472
Laclede Group Inc. New (.66)   COM              505597104      344     8900 SH       SOLE                                       8900
Lee Enterprises (.71)          COM              523768109       39    33880 SH       SOLE                                      33880
Masco Corp (.91)               COM              574599106      556    33380 SH       SOLE                                      33380
McClatchy Newspapers, Inc. (.8 COM              579489105       42    12782 SH       SOLE                                      12782
Medtronic Inc                  COM              585055106      925    22548 SH       SOLE                                      22548
Merck Drug Company (.99)       COM              589331107     3124    76317 SH       SOLE                                      76317
Microsoft (1.19)               COM              594918104     2791   104476 SH       SOLE                                     104476
Mondelez International Inc.    COM                            3450   135556 SH       SOLE                                     135556
Nestle SA - Spons Adr For Reg  COM                             308     4725 SH       SOLE                                       4725
Newell Rubbermaid,Inc. (.87)   COM              651229106      916    41125 SH       SOLE                                      41125
Norfolk & Southern             COM              655844108      275     4450 SH       SOLE                                       4450
Northrop Grunman Corp          COM              666807102     1165    17238 SH       SOLE                                      17238
Nuveen Real Estate Fund        COM                             128    12200 SH       SOLE                                      12200
Oklahoma Gas & Electric        COM              670837103      318     5650 SH       SOLE                                       5650
Oracle Corp (1.34)             COM              68389x105     4973   149246 SH       SOLE                                     149246
PNC Finl Services Gp Inc.      COM              693475105      232     3973 SH       SOLE                                       3973
PPG Industries (.90)           COM              693506107     2193    16205 SH       SOLE                                      16205
Park Electrochemical Corp (.86 COM                            1018    39565 SH       SOLE                                      39565
Paychex                        COM              704326107      866    27861 SH       SOLE                                      27861
Pentair Inc/LTD                COM                             474     9644 SH       SOLE                                       9644
Pepco Holdings (.48)           COM              737679100      226    11511 SH       SOLE                                      11511
Pepsico (.75)                  COM              713448108     1398    20425 SH       SOLE                                      20425
Pfizer, Inc. (1.04)            COM              717081103     3665   146130 SH       SOLE                                     146130
Phillip Morris International   COM                             791     9457 SH       SOLE                                       9457
Phillips 66 Corp               COM              743627101     1509    28412 SH       SOLE                                      28412
Proctor & Gamble (.59)         COM              742718109     2170    31968 SH       SOLE                                      31968
Quest Dianostics (1.0)         COM              74834L100      568     9750 SH       SOLE                                       9750
R. R. Donnelley (.77)          COM              257867101      503    55910 SH       SOLE                                      55910
Raytheon Corp (1.0)            COM              755111507     1574    27342 SH       SOLE                                      27342
Regions Financial              COM              7591EP100      261    36615 SH       SOLE                                      36615
SCANA (.63)                    COM              80589M102      241     5283 SH       SOLE                                       5283
Sherwin Williams Co. Ohio (.91 COM              824348106      600     3900 SH       SOLE                                       3900
Snap On Tools (.82)            COM              833034101      595     7534 SH       SOLE                                       7534
Southern Company Inc. (.58)    COM              842587107      755    17647 SH       SOLE                                      17647
St. Jude Medical (1.08)        COM              790849103     1808    50023 SH       SOLE                                      50023
Stanley Black & Decker (1.05)  COM              854616109      836    11300 SH       SOLE                                      11300
Stryker Corp                   COM              863667101      911    16625 SH       SOLE                                      16625
Synovus Financial Corp.        COM              87161C105      198    80707 SH       SOLE                                      80707
Teleflex Inc                   COM              879369106      235     3300 SH       SOLE                                       3300
Tenet Healthcare Corp (.58)    COM              88033G100      274     8434 SH       SOLE                                       8434
Total Systems (.97)            COM              891906109     4530   211486 SH       SOLE                                     211486
U. S. Bancorp                  COM              902973304      402    12582 SH       SOLE                                      12582
UIL Holding Corp. (1.07)       COM              902748102      912    25476 SH       SOLE                                      25476
United Technology              COM              913017109      532     6487 SH       SOLE                                       6487
Universal Corp/VA (.88) (R2)   COM                             472     9450 SH       SOLE                                       9450
VF Corp (.90)                  COM              918204108     1054     6983 SH       SOLE                                       6983
Valspar                        COM                             818    13104 SH       SOLE                                      13104
Verizon Communication (.70)    COM              92343V104     2530    58479 SH       SOLE                                      58479
Wal-Mart Stores (1.03)         COM              931142103      498     7296 SH       SOLE                                       7296
Walgreen Drugs                 COM              931422109      247     6663 SH       SOLE                                       6663
Walt Disney (.92)              COM              254687106     1239    24889 SH       SOLE                                      24889
Weyerhaeuser Co.               COM              962166104     1259    45255 SH       SOLE                                      45255
Whirlpool Corp (1.12)          COM              963320106      331     3250 SH       SOLE                                       3250