0001221362-13-000002.txt : 20130207 0001221362-13-000002.hdr.sgml : 20130207 20130207145901 ACCESSION NUMBER: 0001221362-13-000002 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20121231 FILED AS OF DATE: 20130207 DATE AS OF CHANGE: 20130207 EFFECTIVENESS DATE: 20130207 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AVALON ADVISORS, LLC CENTRAL INDEX KEY: 0001221362 IRS NUMBER: 760676982 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-10434 FILM NUMBER: 13581894 BUSINESS ADDRESS: STREET 1: 717 TEXAS AVE STREET 2: STE 3000 CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: 7132382058 MAIL ADDRESS: STREET 1: 717 TEXAS AVE STREET 2: STE 3000 CITY: HOUSTON STATE: TX ZIP: 77002 FORMER COMPANY: FORMER CONFORMED NAME: AVALON ADVISORS. LLC DATE OF NAME CHANGE: 20081105 FORMER COMPANY: FORMER CONFORMED NAME: AVALON ADVISORS L P DATE OF NAME CHANGE: 20030303 13F-HR 1 aa2012.12.3113F.txt AVALON ADVISORS 2012 YE 13F UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended December 31, 2012 Check here if Amendment [_]; Amendment Number: This Amendment (Check only one.): [_] is a restatement. [_] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Avalon Advisors, LLC Address: 717 Texas Avenue, Suite 3000 Houston, Texas 77002 Form 13F File Number: 028-10434 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Henry J. Lartigue Title: Manager Phone: 713-238-2050 Signature, Place, and Date of Signing: /s/ Henry J. Lartigue Houston, Texas February 6, 2013 ----------------------------- --------------------- --------------------- [Signature] [City, State] [Date] Report Type (Check only one.): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [_] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [_] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: -0- Form 13F Information Table Entry Total: 144 Form 13F Information Table Value Total: $1,460,272 (thousands) List of Other Included Managers: None 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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- ABBOTT LABORATORIES CMN COM 002824100 11295 172447 SH Sole 172447 ALKERMES INC. COM G01767105 3603 194564 SH Sole 194564 ALTRIA GROUP INC. CMN COM 02209s103 32806 1043446 SH Sole 1043446 AMERICAN INTERNATIONAL COM 026874784 8333 236069 SH Sole 236069 AMEX CONSUMER STAPLES SELECT F COM 81369y308 1350 38692 SH Sole 38692 AMGEN INC COM 031162100 7732 89693 SH Sole 89693 APPLE INC. CMN COM 037833100 28511 53575 SH Sole 53575 ASHLAND INC NEW COM COM 044209104 5788 71987 SH Sole 71987 AT&T CORP COM 00206r102 30075 892167 SH Sole 892167 BALL CORPORATION CMN COM 058498106 6232 139263 SH Sole 139263 BANK OF AMERICA CORP COM 060505104 13824 1190728 SH Sole 1190728 BERKSHIRE HATHAWAY INC. CLASS COM 084670702 10505 117111 SH Sole 117111 BIOGEN IDEC INC. CMN COM 09062x103 7355 50247 SH Sole 50247 BRISTOL-MYERS SQUIBB COMPANY C COM 110122108 9386 288017 SH Sole 288017 CANADIAN IMPRL BK COMM COM COM 136069101 7059 87575 SH Sole 87575 CANADIAN PAC RAILWAY LTD COM COM 13645t100 5782 56896 SH Sole 56896 CAPITAL ONE FINANCIAL CORP COM 14040h105 7591 131039 SH Sole 131039 CARMAX INC COM COM 143130102 6586 175429 SH Sole 175429 CATERPILLAR INC (DELAWARE) CMN COM 149123101 8874 99030 SH Sole 99030 CELGENE CORPORATION CMN COM 151020104 7473 95240 SH Sole 95240 CENTERPOINT ENERGY INCCMN COM 15189t107 13569 704887 SH Sole 704887 CHEVRON CORPORATION CMN COM 166764100 27571 254959 SH Sole 254959 CHICOS FAS INC COM COM 168615102 5176 280384 SH Sole 280384 CHUBB CORP CMN COM 171232101 5549 73667 SH Sole 73667 CIGNA CORP COM 125509109 5937 111047 SH Sole 111047 CINEMARK HOLDINGS INC COM COM 17243v102 7473 287652 SH Sole 287652 CISCO SYSTEMS INC. CMN COM 17275r102 16569 843255 SH Sole 843255 CITIGROUP INC COM 172967424 12983 328182 SH Sole 328182 COCA-COLA COMPANY (THE) CMN COM 191216100 16862 465146 SH Sole 465146 COMCAST CORPORATION CMN CLASS COM 20030n101 12099 323846 SH Sole 323846 CONAGRA FOODS INC COM COM 205887102 7398 250793 SH Sole 250793 CONOCOPHILLIPS COM 20825c104 20917 360705 SH Sole 360705 CONSOLIDATED EDISON COM COM 209115104 6889 124042 SH Sole 124042 CVS CAREMARK CORPORATION CMN COM 126650100 9561 197737 SH Sole 197737 D.R. HORTON INC. CMN COM 23331a109 6323 319659 SH Sole 319659 DOMINION RES VA NEW COM COM 25746u109 9039 174493 SH Sole 174493 DR PEPPER SNAPPLE GRP COM COM 26138e109 7213 163255 SH Sole 163255 DUKE ENERGY CORP NC NPV COM 26441c204 19117 299642 SH Sole 299642 E.I. DU PONT DE NEMOURS AND CO COM 263534109 5828 129568 SH Sole 129568 EASTMAN CHEM CO COM 277432100 6656 97805 SH Sole 97805 EBAY INC. COM 278642103 8936 175231 SH Sole 175231 ELI LILLY & CO COM 532457108 13097 265555 SH Sole 265555 ENERGY TRANSFER EQUITY COM UT COM 29273v100 682 15000 SH Sole 15000 ENERGY TRANSFER PRTNRS UNIT LT COM 29273r109 11016 256604 SH Sole 256604 ENTERPRISE PRODUCTS PARTNERS COM 293792107 23210 463458 SH Sole 463458 EOG RESOURCES INC CMN COM 26875p101 5913 48955 SH Sole 48955 EXPRESS SCRIPTS COMMONCMN COM 30219g108 6597 122159 SH Sole 122159 EXXON MOBIL CORPORATION CMN COM 30231g102 35204 406747 SH Sole 406747 FAMILY DOLLAR STORES INC COM 307000109 5239 82615 SH Sole 82615 FOOT LOCKER INC COM COM 344849104 4997 155584 SH Sole 155584 GAP INC DELAWARE COM 364760108 4065 130948 SH Sole 130948 GENERAL ELECTRIC CO CMN COM 369604103 27886 1328549 SH Sole 1328549 GENERAL MILLS INC COM 370334104 8021 198452 SH Sole 198452 GENUINE PARTS CO COM 372460105 7173 112825 SH Sole 112825 GILEAD SCIENCES INC COM 375558103 9292 126502 SH Sole 126502 GLAXOSMITHKLINE PLCSPONSORED A COM 37733w105 9365 215427 SH Sole 215427 GLOBAL PARTNERS LP COM UNITS COM 37946r109 431 17000 SH Sole 17000 GOLDMAN SACHS GROUP INC COM 38141g104 10321 80910 SH Sole 80910 GOOGLE INC. CMN CLASS A COM 38259p508 11465 16207 SH Sole 16207 HASBRO INC. COM 418056107 6799 189381 SH Sole 189381 HCA HOLDINGS INC COM COM 40412c101 4560 151133 SH Sole 151133 HCP INC COM COM 40414L109 16283 360568 SH Sole 360568 HERTZ GLOBAL HLDGS INC COM COM 42805t105 5568 342215 SH Sole 342215 HJ HEINZ CO COM 423074103 8265 143285 SH Sole 143285 HOLLYFRONTIER CORP COM COM 436106108 4082 87683 SH Sole 87683 HONEYWELL INTL INC DEL COM 438516106 8378 131994 SH Sole 131994 ILLINOIS TOOL WORKS INC COM 452308109 8040 132214 SH Sole 132214 INTEL CORPORATION CMN COM 458140100 13941 676073 SH Sole 676073 INTERNATIONAL PAPER CO.CMN COM 460146103 14023 351992 SH Sole 351992 INTL BUSINESS MACHINES CORP CM COM 459200101 7109 37114 SH Sole 37114 ISHARES IBOXX INVESTM GRADE BO COM 464287242 14773 122103 SH Sole 122103 ISHARES TR HIGH YLD CORP COM 464288513 16148 172978 SH Sole 172978 ISHARES TR US PFD STK IDX COM 464288687 14882 375608 SH Sole 375608 JOHNSON & JOHNSON CMN COM 478160104 14246 203217 SH Sole 203217 JPMORGAN CHASE & CO CMN COM 46625h100 20841 473996 SH Sole 473996 KIMBERLY CLARK COM 494368103 10132 120003 SH Sole 120003 KINDER MORGAN ENERGY PARTNERSL COM 494550106 23877 299242 SH Sole 299242 KOHL'S CORP COM 500255104 5028 116977 SH Sole 116977 KRAFT FOODS GROUP INC COM 50076q106 6927 152341 SH Sole 152341 KROGER CO COM 501044101 6482 249120 SH Sole 249120 LOCKHEED MARTIN CORP COM 539830109 10848 117544 SH Sole 117544 LYONDELLBASELL INDUSTR SHS - A COM n53745100 7013 122834 SH Sole 122834 MAGELLAN MIDSTREAM PRT COM UNI COM 559080106 976 22600 SH Sole 22600 MARATHON OIL CORP COM 565849106 1039 33877 SH Sole 33877 MARSH & MCLENNAN COS INC COM 571748102 6849 198705 SH Sole 198705 MASTERCARD INC CL A COM 57636Q104 9054 18430 SH Sole 18430 MAXIM INTEGRATED PRODS INC COM 57772k101 12754 433809 SH Sole 433809 MC DONALDS CORP CMN COM 580135101 6366 72166 SH Sole 72166 MEADWESTVACO CORP COM 583334107 7690 241290 SH Sole 241290 MERCK & CO. INC. CMN COM 58933y105 15758 384900 SH Sole 384900 MICROSOFT CORPORATION CMN COM 594918104 13849 518518 SH Sole 518518 MONDELEZ INTERNATIONAL INC COM 609207105 15781 620010 SH Sole 620010 MONSANTO COMPANY CMN COM 61166w101 8483 89621 SH Sole 89621 MOTOROLA SOLUTIONS INC COM NEW COM 620076307 6364 114288 SH Sole 114288 MYLAN LABS INC COM 628530107 6248 227607 SH Sole 227607 NATIONAL OILWELL VARCO INC. C COM 637071101 7881 115305 SH Sole 115305 NATIONAL RETAIL PROPERTIES INC COM 637417106 8150 261220 SH Sole 261220 NEWS CORP CL A COM 65248e104 8735 342422 SH Sole 342422 ORACLE CORP COM 68389x105 16296 489064 SH Sole 489064 PEPSICO INC CMN COM 713448108 7080 103456 SH Sole 103456 PERKINELMER INC COM COM 714046109 3786 119296 SH Sole 119296 PFIZER INC. CMN COM 717081103 26724 1065578 SH Sole 1065578 PHILIP MORRIS INTL INC CMN COM 718172109 29212 349255 SH Sole 349255 PHILLIPS 66 COM 718546104 7864 148103 SH Sole 148103 PIER 1 IMPORTS INC COM COM 720279108 3854 192696 SH Sole 192696 PINNACLE WEST CAPITAL CORP. COM 723484101 6430 126123 SH Sole 126123 PLAINS ALL AM PIPELINE UNIT LT COM 726503105 7197 159080 SH Sole 159080 PROCTER & GAMBLE CO COM 742718109 13449 198105 SH Sole 198105 QUALCOMM INC CMN COM 747525103 9455 152851 SH Sole 152851 REGIONS FINANCIAL CORP COM COM 7591ep100 7827 1097819 SH Sole 1097819 REYNOLDS AMERICAN INC COM COM 761713106 28690 692503 SH Sole 692503 ROYAL DUTCH SHELL PLC SPON ADR COM 780259107 19085 269222 SH Sole 269222 SCANA CORP NEW COM COM 80589m102 5779 126625 SH Sole 126625 SELECT SECTOR SPDR TR SBI HEAL COM 81369y209 203 5093 SH Sole 5093 SOUTHERN CO COM COM 842587107 12227 285619 SH Sole 285619 STARBUCKS CORP. CMN COM 855244109 8274 154285 SH Sole 154285 SUNTRUST BKS INC COM COM 867914103 6632 233948 SH Sole 233948 SYSCO CORP COM 871829107 1397 44119 SH Sole 44119 TARGET CORP COM 87612e106 7385 124810 SH Sole 124810 THE HOME DEPOT INC. CMN COM 437076102 10433 168679 SH Sole 168679 THERMO FISHER SCIENTIFIC COM 883556102 6789 106449 SH Sole 106449 TIME WARNER CABLE INC COM COM 88732j207 1313 13511 SH Sole 13511 TJX COMPANIES INC (NEW) COM 872540109 6920 163008 SH Sole 163008 TRIMBLE NAVIGATION LTD COM COM 896239100 5860 98033 SH Sole 98033 U.S. BANCORP CMN COM 902973304 9167 287011 SH Sole 287011 UNION PACIFIC CORP. CMN COM 907818108 9570 76124 SH Sole 76124 UNITED TECHNOLOGIES CORP CMN COM 913017109 4062 49530 SH Sole 49530 VALEANT PHARMACEUTICAL COM COM 91911k102 5234 87573 SH Sole 87573 VALERO ENERGY CORP-NEW COM 91913y100 6944 203518 SH Sole 203518 VENTAS INC COM COM 92276f100 9669 149392 SH Sole 149392 VERIZON COMMUNICATNS COM COM 92343v104 30111 695889 SH Sole 695889 VISA INC. CMN CLASS A COM 92826c839 10442 68886 SH Sole 68886 VODAFONE GROUP PLC COM 92857w209 6363 252615 SH Sole 252615 WAL MART STORES INC CMN COM 931142103 4808 70475 SH Sole 70475 WALGREEN CO COM 931422109 14868 401729 SH Sole 401729 WATSON PHARMACEUTICALS INC CMN COM 942683103 5710 66390 SH Sole 66390 WEINGARTEN RLTY INVS SBIREIT COM 948741103 7057 263628 SH Sole 263628 WELLS FARGO & CO (NEW) CMN COM 949746101 13325 389859 SH Sole 389859 WESTLAKE CHEM CORP COM COM 960413102 5662 71406 SH Sole 71406 WEYERHAEUSER CO COM COM 962166104 6599 237221 SH Sole 237221 WHOLE FOODS MARKET INC CMN COM 966837106 5821 63850 SH Sole 63850 YAHOO INC CAL PV$0.00017 COM 984332106 7532 378498 SH Sole 378498 YUM BRANDS INC COM COM 988498101 7145 107603 SH Sole 107603 csus427990494 COM 0 10000 SH Sole