Solaris Asset Management as of Dec. 31, 2011
Portfolio Holdings for Solaris Asset Management
Solaris Asset Management holds 0 positions in its portfolio as reported in the December 2011 quarterly 13F filing
Value Investment Other Voting
Name of Issuer Class Cusip (x$1000) Shares Discretion Managers Authority
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{S} {C} {C} {C} {C} {C} {C} {C}
ALLIANCE HOLDINGS GP LP Ltd Ptn 01861G100 120 2,300 Yes No Sole
ALLIANCE RESOURCES PARTNERS LP Ltd Ptn 01877R108 189 2,500 Yes No Sole
AMAZON.COM INC Common 023135106 1,685 9,735 Yes No Sole
AMERICAN WTR WKS CO INC NEW Common 030420103 782 24,550 Yes No Sole
APACHE CORP Common 037411105 128 1,418 Yes No Sole
APPLE INC Common 037833100 4,646 11,472 Yes No Sole
AQUA AMERICA INC Common 03836W103 114 5,175 Yes No Sole
ASCENA RETAIL GROUP Common 04351G101 111 3,725 Yes No Sole
AT CROSS CO-CL A Common 227478104 419 37,156 Yes No Sole
ATHENA HEALTH Common 04685W103 101 2,050 Yes No Sole
ATLAS ENERGY LP Ltd Ptn 04930A104 90 3,720 Yes No Sole
ATLAS PIPELINE PARTNERS LP Ltd Ptn 049392103 130 3,500 Yes No Sole
AUTODESK INC Common 052769106 492 16,225 Yes No Sole
AUXILIUM PHARMACEUTICALS INC Common 05334D107 20 1,000 Yes No Sole
AVAGO TECHNOLOGIES Common Y0486S104 12 400 Yes No Sole
AXT INC Common 00246W103 33 8,000 Yes No Sole
BAXTER INTERNATIONAL Common 071813109 19 382 Yes No Sole
BB^T CORP Common 054937107 108 4,300 Yes No Sole
BE AEROSPACE INC Common 073302101 89 2,300 Yes No Sole
BEAVER COAL LTD Common 074799107 9 8 Yes No Sole
BERKSHIRE HATHAWAY INC-CL B Common 084670702 19 250 Yes No Sole
BK OF AMERICA PFD 8.625% SER M Preferred 060505559 1,301 59,250 Yes No Sole
BOARDWALK PIPELINE PARTNERS LP Ltd Ptn 096627104 219 7,900 Yes No Sole
BRISTOL-MYERS SQUIBB CO Common 110122108 645 18,300 Yes No Sole
BUCKEYE PARTNERS LP Ltd Ptn 118230101 595 9,300 Yes No Sole
CABELA'S INC Common 126804301 116 4,575 Yes No Sole
CALUMET SPECIALTY PRODUCTS Ltd Ptn 131476103 26 1,300 Yes No Sole
CBS CORP Common 124857202 1,833 67,550 Yes No Sole
CENTURYLINK INC Common 156700106 74 2,000 Yes No Sole
CERNER CORP Common 156782104 2,127 34,725 Yes No Sole
CHART INDUSTRIES INC Common 16115Q308 134 2,475 Yes No Sole
CHECK POINT SOFTWARE TECH Common M22465104 1,596 30,375 Yes No Sole
CHESAPEAKE ENERGY CORP Common 165167107 1,136 50,950 Yes No Sole
CHESAPEAKE MIDSTREAM PARTNERS Ltd Ptn 16524K108 81 2,800 Yes No Sole
CHEVRONTEXACO CORP Common 166764100 164 1,540 Yes No Sole
CHINA UNICOM HONG KONG ADR Common 16945R104 1,631 77,200 Yes No Sole
CHIPOTLE MEXICAN GRILLE INC Common 169656105 338 1,000 Yes No Sole
CINTAS CORP Common 172908105 2,271 65,250 Yes No Sole
CITIGROUP INC Common 172967424 411 15,610 Yes No Sole
CITRIX SYSTEMS INC Common 177376100 1,676 27,600 Yes No Sole
CLOUD PEAK ENERGY Common 18911Q102 40 2,050 Yes No Sole
CNH GLOBAL N.V. Common N20935206 47 1,300 Yes No Sole
COACH INC Common 189754104 223 3,650 Yes No Sole
COMCAST CORP-CL A Common 20030N101 72 3,050 Yes No Sole
COMPANHIA DE BEBIDAS PFD ADR Preferred 20441W203 412 11,425 Yes No Sole
CONOCOPHILLIPS Common 20825C104 461 6,325 Yes No Sole
CONSOL ENERGY INC Common 20854P109 723 19,700 Yes No Sole
COPANO ENERGY LLC-UNITS Ltd Ptn 217202100 404 11,800 Yes No Sole
CSX CORP Common 126408103 57 2,700 Yes No Sole
CVS CORP Common 126650100 1,663 40,775 Yes No Sole
DCP MIDSTREAM PARTNERS LP Ltd Ptn 23311P100 166 3,500 Yes No Sole
DEAN FOODS CO NEW Common 242370104 791 70,600 Yes No Sole
DECKERS OUTDOOR CORP Common 243537107 45 600 Yes No Sole
DELUXE CORP Common 248019101 260 11,425 Yes No Sole
DILLARDS CAPITAL TRUST Preferred 25406P200 1,761 70,750 Yes No Sole
DISCOVER FINL SVCS Common 254709108 1,844 76,850 Yes No Sole
DORCHESTER MINERALS LP Ltd Ptn 25820R105 39 1,700 Yes No Sole
DR PEPPER SNAPPLE GROUP INC Common 26138E109 602 15,250 Yes No Sole
DU PONT (E.I.) DE NEMOURS Common 263534109 1,584 34,600 Yes No Sole
EAGLE ROCK ENERGY Ltd Ptn 26985R104 28 2,400 Yes No Sole
EAST WEST BANCORP INC Common 27579R104 1,655 83,775 Yes No Sole
EBAY INC Common 278642103 1,904 62,775 Yes No Sole
EDWARDS LIFESCIENCES CORP Common 28176E108 878 12,425 Yes No Sole
ELECTRONIC ARTS INC Common 285512109 472 22,892 Yes No Sole
ENBRIDGE ENERGY MANAGEMENT L Ltd Ptn 29250X103 52 1,489 Yes No Sole
ENBRIDGE ENERGY PARTNERS LP Ltd Ptn 29250R106 689 20,750 Yes No Sole
ENERGY TRANSFER EQUITY Ltd Ptn 29273V100 32 800 Yes No Sole
ENERGY TRANSFER PARTNERS LP Ltd Ptn 29273R109 532 11,600 Yes No Sole
ENTERGY CORP NEW Common 29364G103 73 1,000 Yes No Sole
ENTERPRISE PRODUCTS PARTNERS Common 293792107 251 5,405 Yes No Sole
ERTS UNVESTED OPTIONS Common 285512109 136 6,582 Yes No Sole
ERTS VESTED OPTIONS Common 285512109 796 38,618 Yes No Sole
ETRACS BBG CMCI GOLD ETN Common 902641810 217 5,200 Yes No Sole
EV ENERGY PARTNER LP Ltd Ptn 26926V107 402 6,100 Yes No Sole
EXPEDITORS INTL WASH INC Common 302130109 10 250 Yes No Sole
FACTSET RESEARCH SYSTEMS INC Common 303075105 583 6,675 Yes No Sole
FORD MOTOR CO Common 345370860 17 1,600 Yes No Sole
FOSSIL INC Common 349882100 8 100 Yes No Sole
FPC CAPITAL I SERIES A PFD Preferred 302552203 116 4,500 Yes No Sole
GENERAL ELECTRIC CO Common 369604103 419 23,375 Yes No Sole
GENERAL GROWTH PROPERTIES Common 370023103 5 300 Yes No Sole
GENESIS ENERGY L P UNIT LP INT Ltd Ptn 371927104 182 6,500 Yes No Sole
GILEAD SCIENCES INC Common 375558103 12 300 Yes No Sole
GOLDMAN SACHS GROUP INC Common 38141G104 5 50 Yes No Sole
GOOGLE INC CL A Common 38259P508 245 380 Yes No Sole
GREENBRIER COMPANIES INC Common 393657101 118 4,850 Yes No Sole
HCP INC Common 40414L109 29 700 Yes No Sole
HESS CORP Common 42809H107 659 11,600 Yes No Sole
HEXCEL CORP NEW Common 428291108 100 4,150 Yes No Sole
HOSPITALITY PROPERTIES TRUST Common 44106M102 53 2,300 Yes No Sole
IAC/INTERACTIVECORP Common 44919P508 3,231 75,850 Yes No Sole
IBERIABANK CORP Common 450828108 89 1,800 Yes No Sole
ICONIX BRAND GROUP INC Common 451055107 94 5,750 Yes No Sole
IMMERSION CORPORATION Common 452521107 9 1,700 Yes No Sole
ING GROEP NV 6.375 PFD Preferred 456837608 485 29,000 Yes No Sole
INTEL CORP Common 458140100 541 22,300 Yes No Sole
INTERCONTINENTAL HOTELS ADR Common 45857P301 2,480 137,850 Yes No Sole
INTL BUSINESS MACHINES CORP Common 459200101 967 5,258 Yes No Sole
INTL FCSTONE INC Common 46116V105 100 4,250 Yes No Sole
ION GEOPHYSICAL CORP Common 462044108 40 6,600 Yes No Sole
IPG PHOTONICS CORP Common 44980X109 8 250 Yes No Sole
IROBOT CORP Common 462726100 33 1,100 Yes No Sole
IRON MOUNTAIN INC Common 462846106 2,169 70,425 Yes No Sole
ISHARES MSCI BRAZIL IDX Common 464286400 2,309 40,225 Yes No Sole
J C PENNEY CO INC Common 708160106 2,125 60,450 Yes No Sole
JOHNSON & JOHNSON Common 478160104 26 400 Yes No Sole
JOHNSON CONTROLS INC Common 478366107 17 550 Yes No Sole
JP MORGAN ALERIAN MLP INDEX Common 46625H365 1,224 31,400 Yes No Sole
JPM CHASE CAP XI PFD 5.875% Preferred 46626V20 25 1,000 Yes No Sole
KANSAS CITY SOUTHERN Common 485170302 75 1,100 Yes No Sole
KEYNOTE SYSTEMS INC Common 493308100 16 800 Yes No Sole
KINDER MORGAN ENERGY PRTNRS Ltd Ptn 494550106 416 4,900 Yes No Sole
KINDER MORGAN MANAGEMENT LLC Ltd Ptn 49455U100 484 6,166 Yes No Sole
LEGACY RESERVES Ltd Ptn 524707304 68 2,400 Yes No Sole
LEGG MASON INC Common 524901105 409 17,000 Yes No Sole
LILLY ELI & CO Common 532457108 191 4,600 Yes No Sole
LINDSAY MANUFACTURING CO Common 535555106 89 1,625 Yes No Sole
LINN ENERGY Ltd Ptn 536020100 842 22,200 Yes No Sole
LIVEPERSON INC Common 538146101 164 13,075 Yes No Sole
LULULEMON ATHLETICA INC Common 550021109 111 2,375 Yes No Sole
LYONDELLBASELL INDU-CLA Common N53745100 681 20,975 Yes No Sole
MAGELLAN MIDSTREAM PARTNERS Ltd Ptn 559080106 913 13,250 Yes No Sole
MARKWEST ENERGY PARTNERS LP Ltd Ptn 570759100 350 6,350 Yes No Sole
MARSH & MCLENNAN COS INC Common 571748102 292 9,225 Yes No Sole
MEDCO HEALTH SOLUTIONS INC Common 58405U102 151 2,700 Yes No Sole
MEDICIS PHARMACEUTICAL CL A Common 584690309 91 2,750 Yes No Sole
MERCADOLIBRE INC Common 58733R102 40 500 Yes No Sole
MERCK & CO. INC. Common 58933Y105 462 12,250 Yes No Sole
MERGE HEALTHCARE INC Common 589499102 9 1,900 Yes No Sole
MICROSOFT CORP Common 594918104 152 5,850 Yes No Sole
MORGAN ST CAP TR V PFD 5.75% Preferred 617466206 36 1,750 Yes No Sole
MORGANS HOTEL GROUP Common 61748W108 9 1,600 Yes No Sole
MOTOROLA SOLUTIONS INC Common 620076307 2,438 52,675 Yes No Sole
MURPHY OIL CORP Common 626717102 1,093 19,600 Yes No Sole
NABORS INDUSTRIES LTD Common G6359F103 465 26,800 Yes No Sole
NATIONAL OILWELL VARCO INC Common 637071101 1,674 24,625 Yes No Sole
NATURAL RESOURCE PARTNERS LP Ltd Ptn 63900P103 157 5,800 Yes No Sole
NAVIOS MARITIME PARTNERS LP Ltd Ptn Y62267102 41 2,800 Yes No Sole
NETLOGIC MICROSYSTEMS Common 64118B100 228 4,600 Yes No Sole
NEW YORK TIMES CO CL A Common 650111107 12 1,500 Yes No Sole
NIKE INC -CL B Common 654106103 581 6,030 Yes No Sole
NU SKIN ASIA PACIFIC INC CL A Common 67018T105 170 3,500 Yes No Sole
NUANCE COMMUNICATIONS INC Common 67020Y100 50 2,000 Yes No Sole
NUSTAR GP HOLDINGS LLC Ltd Ptn 67059L102 93 2,800 Yes No Sole
OASIS PETROLEUM INC Common 674215108 68 2,325 Yes No Sole
ONEOK PARTNERS LP Ltd Ptn 68268N103 447 7,750 Yes No Sole
PARKER HANNIFIN CORP Common 701094104 46 600 Yes No Sole
PARTNERRE LTD PFD SER C Preferred G6852T204 1,046 41,250 Yes No Sole
PARTNERRE LTD PFD SER D Preferred G68603409 143 5,700 Yes No Sole
PARTNERRE LTD PFD SER E Preferred G68603508 538 20,300 Yes No Sole
PAYCHEX INC Common 704326107 66 2,200 Yes No Sole
PENN VA RESOURCE PARTNERS L P Ltd Ptn 707884102 265 10,398 Yes No Sole
PFIZER INC Common 717081103 1,527 70,575 Yes No Sole
PG^E CORP Common 69331C108 1,120 27,175 Yes No Sole
PHILIP MORRIS INTERNATIONAL IN Common 718172109 345 4,390 Yes No Sole
PLAINS ALL AMER PIPELINE LP Ltd Ptn 726503105 463 6,300 Yes No Sole
PNC FINL SVCS GROUP INC Common 693475105 731 12,675 Yes No Sole
PROSPERITY BANCSHARES Common 743606105 108 2,675 Yes No Sole
PRUDENTIAL FINANCIAL INC Common 744320508 198 7,250 Yes No Sole
PUBLIC STORAGE INC Common 74460D109 54 400 Yes No Sole
QUALCOMM INC Common 747525103 2,824 51,625 Yes No Sole
REGENCY ENERGY PARTNERS LP Ltd Ptn 75885Y107 264 10,600 Yes No Sole
ROBERT HALF INTL INC Common 770323103 1,261 44,325 Yes No Sole
ROCKWOOD HOLDINGS INC Common 774415103 85 2,150 Yes No Sole
ROSETTA RESOURCES INC. Common 777779307 98 2,250 Yes No Sole
RPM INTERNATIONAL INC Common 749685103 20 800 Yes No Sole
SALIX PHARMACEUTICALS LTD DEL Common 795435106 163 3,400 Yes No Sole
SALLY BEAUTY HOLDINGS INC Common 79546E104 3,053 144,500 Yes No Sole
SANOFI-AVENTIS SPONSORED ADR Common 80105N105 1,391 38,075 Yes No Sole
SIMON PROPERTY GROUP INC Common 828806109 155 1,200 Yes No Sole
SIRONA DENTAL SYSTEMS INC. Common 82966C103 48 1,100 Yes No Sole
SODASTREAM INTERNATIONAL LTD Common M9068E105 8 250 Yes No Sole
SOUTHWESTERN ENERGY CO Common 845467109 558 17,475 Yes No Sole
SPECTRA ENERGY CORP Common 847560109 101 3,300 Yes No Sole
SPECTRA ENERGY PARTNERS LP Ltd Ptn 84756N109 51 1,600 Yes No Sole
SPIRIT AEROSYSTEMS HOLDINGS Common 848574109 62 3,000 Yes No Sole
SPX CORP Common 784635104 1,343 22,275 Yes No Sole
STAMPS.COM INC Common 852857200 20 750 Yes No Sole
STIFEL FINANCIAL CORP Common 860630102 718 22,412 Yes No Sole
STONEMOR PARTNERS LP Ltd Ptn 86183Q100 177 7,550 Yes No Sole
STRATEGIC HOTELS & RESORTS INC Common 86272T106 106 19,800 Yes No Sole
SUNOCO LOGISTICS PARTNERS LP Ltd Ptn 86764L108 236 6,000 Yes No Sole
TARGA RESOURCES PARTNERS LP Ltd Ptn 87611X105 487 13,050 Yes No Sole
TARGET CORP Common 87612E106 114 2,229 Yes No Sole
TC PIPELINES Ltd Ptn 87233Q108 199 4,200 Yes No Sole
TEEKAY LNG PARTNERS LP Ltd Ptn Y8564M105 113 3,400 Yes No Sole
TEEKAY OFFSHORE PARTNERS L P Ltd Ptn Y8565J101 128 4,800 Yes No Sole
TELEFLEX INC Common 879369106 503 8,200 Yes No Sole
TERRA NITROGEN CO L P COM UNIT Ltd Ptn 881005201 118 700 Yes No Sole
TRACTOR SUPPLY CO Common 892356106 2,022 28,825 Yes No Sole
UMH PROPERTIES INC Common 903002103 7 700 Yes No Sole
UNDER ARMOUR INC CL A Common 904311107 7 100 Yes No Sole
UNILIFE CORP Common 90478E103 6 2,000 Yes No Sole
UNION PACIFIC CORP Common 907818108 159 1,500 Yes No Sole
UNITED TECHNOLOGIES CORP Common 913017109 378 5,175 Yes No Sole
URSTADT BIDDLE - CL A Common 917286205 60 3,324 Yes No Sole
URSTADT BIDDLE PROPERTIES Common 917286106 913 53,802 Yes No Sole
US BANCORP Common 902973304 108 4,000 Yes No Sole
V F CORP Common 918204108 368 2,900 Yes No Sole
VIACOM INC PFD 6.85% SERIES Preferred 92553P300 25 1,000 Yes No Sole
VITAMIN SHOPPE INC Common 92849E101 133 3,325 Yes No Sole
W.P. CAREY & CO. LLC Ltd Ptn 92930Y107 164 4,000 Yes No Sole
WABCO HOLDINGS INC Common 92927K102 61 1,400 Yes No Sole
WACHOVIA PFD 7.25% SER A Preferred 92977V206 717 27,750 Yes No Sole
WELLS FARGO & COMPANY Common 949746101 2,179 79,050 Yes No Sole
WESTERN ALLIANCE BANCORP Common 957638109 67 10,800 Yes No Sole
WESTERN GAS PARTNERS Ltd Ptn 958254104 87 2,100 Yes No Sole
WHOLE FOODS MKT INC Common 966837106 202 2,900 Yes No Sole
WILLIAMS COS INC Common 969457100 198 6,000 Yes No Sole
WILLIAMS PARTNERS L P Ltd Ptn 96950F104 542 9,029 Yes No Sole
WOLVERINE WORLD WIDE INC Common 978097103 47 1,325 Yes No Sole
ZION BANCORP PFD 9.5% 12/29/49 Preferred 989701503 1,277 50,600 Yes No Sole
TOTAL 107,878 3,126,170