Needelman Asset Mgmt

Needelman Asset Mgmt as of March 31, 2012

Portfolio Holdings for Needelman Asset Mgmt

Needelman Asset Mgmt holds 0 positions in its portfolio as reported in the March 2012 quarterly 13F filing

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                                                    MKT VALU TOTAL #    PUT/CALL  INVSTMT   OTHER
NAME OF ISSUER                     CLASS  CUSIP NO  (x$1000) OF SHARESH           DSCRETN  MANAGERS


ABBOTT LABORATORIES               COM     002824100  737      12,032 SH          DEFINED           0
AON CORP                          COM     037389103  656      13,380 SH          DEFINED           0
AT^T INC                          COM     00206R102  640      20,487 SH          DEFINED           0
BERKSHIRE HATHAWAY INC CLASS B    COM     084670702  675       8,320 SH          DEFINED           0
BRISTOL-MYERS SQUIBB CO           COM     110122108  549      16,265 SH          DEFINED           0
CHESAPEAKE ENERGY CORP            COM     165167107  582      25,105 SH          DEFINED           0
CHEVRON CORP NEW                  COM     166764100  666       6,210 SH          DEFINED           0
CHUBB CORP                        COM     171232101  699      10,115 SH          DEFINED           0
DIAGEO PLC - SPONSORED ADR        COM     25243Q205  845       8,754 SH          DEFINED           0
DTE ENERGY CO                     COM     233331107  658      11,956 SH          DEFINED           0
EMERSON ELECTRIC COMPANY          COM     291011104  681      13,050 SH          DEFINED           0
ENERGY TRANSFER PARTNERS LP       COM     29273R109  591      12,605 SH          DEFINED           0
FLUOR CORP (NEW)                  COM     343412102  662      11,030 SH          DEFINED           0
GENERAL ELECTRIC COMPANY          COM     369604103  605      30,158 SH          DEFINED           0
HONEYWELL INTERNATIONAL INC       COM     438516106  834      13,660 SH          DEFINED           0
INTEL CORPORATION                 COM     458140100  914      32,522 SH          DEFINED           0
INTERNATIONAL BUSINESS MACHINES   COM     459200101  662       3,171 SH          DEFINED           0
JOHNSON & JOHNSON                 COM     478160104  838      12,698 SH          DEFINED           0
JPMORGAN CHASE & CO               COM     46625H100  726      15,788 SH          DEFINED           0
KIMBERLY CLARK                    COM     494368103  677       9,158 SH          DEFINED           0
KRAFT FOODS INC-A                 COM     50075N104  702      18,475 SH          DEFINED           0
MARSH & MCLENNAN COS INC          COM     571748102  211       6,440 SH          DEFINED           0
MERCK & CO. INC.                  COM     58933Y105  493      12,827 SH          DEFINED           0
MICROSOFT CORP                    COM     594918104  602      18,667 SH          DEFINED           0
NESTLE SA SPNSRD ADR REP RG SH    COM     641069406  719      11,446 SH          DEFINED           0
PFIZER INC                        COM     717081103  662      29,254 SH          DEFINED           0
PROCTER AND GAMBLE COMPANY        COM     742718109  669       9,961 SH          DEFINED           0
PUBLIC SVC ENTERPRISE GRP INC     COM     744573106  453      14,810 SH          DEFINED           0
QUALCOMM INC                      COM     747525103  795      11,675 SH          DEFINED           0
SPDR TRUST UNIT SER 1             COM     78462F103  422       3,000 SH          DEFINED           0
SYSCO CORP                        COM     871829107  497      16,656 SH          DEFINED           0
TEVA PHARMACEUTICAL-SPONS ADR     COM     881624209  715      15,875 SH          DEFINED           0
UNITEDHEALTH GROUP INC            COM     91324P102  842      14,290 SH          DEFINED           0
VERIZON COMMUNICATIONS            COM     92343V104  660      17,259 SH          DEFINED           0
VODAFONE GROUP PLC SPONS ADR      COM     92857W209  768      27,750 SH          DEFINED           0
WELLPOINT INC                     COM     94973V107  662       8,965 SH          DEFINED           0
WELLS FARGO & CO (NEW)            COM     949746101  492      14,401 SH          DEFINED           0
YUM! BRANDS INC                   COM     988498101  896      12,590 SH          DEFINED           0