0001344717-11-000004.txt : 20110815 0001344717-11-000004.hdr.sgml : 20110815 20110815144433 ACCESSION NUMBER: 0001344717-11-000004 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110630 FILED AS OF DATE: 20110815 DATE AS OF CHANGE: 20110815 EFFECTIVENESS DATE: 20110815 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Estabrook Capital Management CENTRAL INDEX KEY: 0001344717 IRS NUMBER: 200232649 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-11540 FILM NUMBER: 111035389 BUSINESS ADDRESS: STREET 1: 875 THIRD AVENUE 15TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-605-5570 MAIL ADDRESS: STREET 1: 875 THIRD AVENUE 15TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 FORMER COMPANY: FORMER CONFORMED NAME: Grove Creek Asset Management DATE OF NAME CHANGE: 20051117 13F-HR 1 sec13fq22011.txt United States Securities and Exchange Commission Washington, D.C. 20549 Form 13F Form 13F Cover Page Report for the Calendar Year or Quarter Ended: June 30, 2011 Check here if Amendment [ ]; Amendment Number: This Amendment(Check only one.): [ ] is a restatement. [ ] adds a new holdings entries. Institutional Investment Manager Filing this Report: Name: Estabrook Capital Management Address: 875 Third Avenue, 15th Floor New York, NY 10022 Form 13F File Number: 28-11540 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: Dave Foley Title: Vice President Phone: 212-605-5570 Signature, Place, and Date of Signing Dave Foley New York, NY August 15, 2011 Report Type (Check only one.): [X] 13F HOLDINGS REPORT [ ] 13F NOTICE [ ] 13F COMBINATION REPORT FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 243 Form 13F Information Table Value Total: $1,827.7 (thousands) List of Other Included Managers: NONE FORM 13F INFORMATION TABLE ESTABROOK CAPITAL MANAGEMENT LLC DISCRETIONARY OWNERSHIP FOR 13F AS OF DATE: 06/30/11 (ITEM 1) (ITEM 2) (ITEM 3) (ITEM 4) (ITEM 5) (ITEM 6) (ITEM 7) (ITEM 8) INVESTMENT VOTING AUTHORITY DISCRETION (SHARES) ----------------- --------------------------------------- NAME TITLE FAIR SHARES OR SHARED OF OF CUSIP MARKET PRINCIPAL SOLE SHARED OTHER SOLE SHARED NONE ISSUER CLASS NUMBER VALUE AMOUNT (A) (B) (C) MGR (A) (B) (C) ---------------------- ------ ---------- -------------- ------------ ----- ----- ----- -- ------------ ------------ ------------ 3M COMPANY COM COMMON 88579Y101 5,935,049 62,573 X 53,260 0 9,313 A T & T INC (NEW) COMMON 00206R102 21,102,730 671,847 X 436,339 0 235,509 ABBOTT LABS COMMON 002824100 2,847,216 54,109 X 30,789 0 23,320 ACE LTD SHS COMMON H0023R105 474,562 7,210 X 6,810 0 400 ADVANT-E CORP COM COMMON 00761J107 5,080 20,000 X 0 0 20,000 AEGEAN MARINE PETROLE COMMON Y0017S102 411,929 58,100 X 50,700 0 7,400 AFLAC INC COMMON 001055102 3,956,503 84,758 X 78,458 0 6,300 AIR PRODS & CHEMS INC COMMON 009158106 556,754 5,825 X 1,325 0 4,500 ALLEGHENY TECHNOLOGIE COMMON 01741R102 15,817,549 249,213 X 153,117 0 96,096 ALLSTATE CORP COMMON 020002101 3,728,720 122,133 X 102,599 0 19,534 ALLY FINL INC PERP PF PREFERR 02005N308 205,246 8,200 X 6,200 0 2,000 ALTRIA GROUP INC COM COMMON 02209S103 409,989 15,524 X 5,674 0 9,850 AMERICA MOVIL S A DE COMMON 02364W105 565,740 21,000 X 0 0 21,000 AMERICAN CENTY INVT T MUTUAL 024932436 310,330 29,387 X 29,387 0 0 AMERICAN EXPRESS COMP COMMON 025816109 7,908,963 152,978 X 117,977 0 35,001 AMERICAN GREEN GROUP COMMON 02639T200 100 1,000,000 X 1,000,000 0 0 AMERICAN INTL CORP PF PREFERR 026874800 227,700 10,000 X 10,000 0 0 AMGEN INC COMMON 031162100 518,090 8,879 X 4,029 0 4,850 ANALOG DEVICES INC COMMON 032654105 782,800 20,000 X 20,000 0 0 ANTRIM ENERGY INC COMMON 037243102 12,800 12,500 X 12,500 0 0 APACHE CORP COMMON 037411105 3,113,253 25,231 X 24,605 0 626 APCO OIL AND GAS INTE COMMON G0471F109 3,601,684 41,432 X 33,132 0 8,300 APPLE COMPUTER INC COMMON 037833100 2,978,736 8,874 X 7,568 0 1,306 AUTOMATIC DATA PROCES COMMON 053015103 219,886 4,174 X 2,840 0 1,334 AVI BIOPHARMA INC COM COMMON 002346104 31,460 22,000 X 22,000 0 0 BABCOCK & WILCOX CO N COMMON 05615F102 819,967 29,591 X 18,100 0 11,491 BAKER HUGHES INC COMMON 057224107 4,019,171 55,391 X 51,625 0 3,766 BALTIC TRADING LTD COMMON Y0553W103 57,400 10,000 X 10,000 0 0 BANCO LATINOAMER EXPO COMMON P16994132 207,840 12,000 X 11,000 0 1,000 BANK NOVA SCOTIA HALI COMMON 064149107 9,365,581 155,652 X 69,292 0 86,360 BANK OF AMERICA COMMON 060505104 26,517,595 2,419,489 X 1,491,069 0 928,419 BANK OF AMERICA CORPO PREFERR 060505559 434,775 16,500 X 16,300 0 200 BANK OF NEW YORK MELL COMMON 064058100 3,041,530 118,717 X 90,985 0 27,732 BARCLAYS BANK PLC 6.6 PREFERR 06739F390 240,400 10,000 X 10,000 0 0 BARRICK GOLD CORP COMMON 067901108 214,901 4,745 X 4,100 0 645 BCE INC COM NEW COMMON 05534B760 12,811,408 326,073 X 167,733 0 158,340 BECTON DICKINSON & CO COMMON 075887109 22,020,399 255,546 X 160,418 0 95,128 BERKSHIRE HATHAWAY IN COMMON 084670108 580,525 5 X 2 0 3 BERKSHIRE HATHAWAY IN COMMON 084670702 3,112,007 40,212 X 31,787 0 8,425 BHP BILLITON LTD SPON COMMON 088606108 2,212,449 23,380 X 6,055 0 17,325 BIOGEN IDEC INC COMMON 09062X103 2,191,913 20,501 X 20,001 0 500 BORG WARNER AUTOMOTIV COMMON 099724106 1,853,969 22,948 X 16,467 0 6,481 BP AMOCO ADS COMMON 055622104 364,108 8,221 X 8,221 0 0 BRISTOL MYERS SQUIBB COMMON 110122108 1,135,695 39,216 X 31,400 0 7,816 BROWN FORMAN CORP CL COMMON 115637209 321,167 4,300 X 4,300 0 0 ESTABROOK CAPITAL MANAGEMENT LLC DISCRETIONARY OWNERSHIP FOR 13F AS OF DATE: 06/30/11 (ITEM 1) (ITEM 2) (ITEM 3) (ITEM 4) (ITEM 5) (ITEM 6) (ITEM 7) (ITEM 8) INVESTMENT VOTING AUTHORITY DISCRETION (SHARES) ----------------- --------------------------------------- NAME TITLE FAIR SHARES OR SHARED OF OF CUSIP MARKET PRINCIPAL SOLE SHARED OTHER SOLE SHARED NONE ISSUER CLASS NUMBER VALUE AMOUNT (A) (B) (C) MGR (A) (B) (C) ---------------------- ------ ---------- -------------- ------------ ----- ----- ----- -- ------------ ------------ ------------ BUNGE LIMITED COM COMMON G16962105 3,349,453 48,578 X 25,880 0 22,698 CANADIAN NATL RY CO COMMON 136375102 9,230,448 115,525 X 64,325 0 51,200 CANADIAN PAC RY LTD C COMMON 13645T100 18,138,610 291,056 X 197,014 0 94,042 CARDINAL HEALTH INC. COMMON 14149Y108 843,677 18,575 X 10,350 0 8,225 CATERPILLAR TRACTOR COMMON 149123101 12,757,528 119,834 X 78,168 0 41,666 CENOVUS ENERGY INC CO COMMON 15135U109 6,681,336 177,412 X 148,302 0 29,110 CHESAPEAKE ENERGY COR COMMON 165167107 556,628 18,748 X 17,768 0 980 CHEVRON CORPORATION COMMON 166764100 19,386,078 188,507 X 108,386 0 80,121 CHUBB CORP COMMON 171232101 6,037,107 96,424 X 77,838 0 18,586 CISCO SYS INC COMMON 17275R102 18,830,405 1,206,304 X X 721,011 275 485,018 CITIGROUP CAPITAL 7.8 PREFERR 173080201 1,256,108 45,200 X 45,200 0 0 CITIGROUP INC COMMON 172967424 12,821,109 307,904 X 159,875 0 148,028 CITIZENS REPUBLIC BAN COMMON 174420109 11,663 16,900 X 0 0 16,900 CLIFFS NATURAL RESOUR COMMON 18683K101 4,781,699 51,722 X 37,606 0 14,116 CNOOC LTD SPONSORED A COMMON 126132109 513,148 2,175 X 2,175 0 0 COACH INC COM COMMON 189754104 413,307 6,465 X 565 0 5,900 COCA COLA CO COMMON 191216100 1,388,647 20,637 X 12,712 0 7,925 COGNIZANT TECHNLGY SL COMMON 192446102 293,360 4,000 X 0 0 4,000 COLGATE PALMOLIVE CO COMMON 194162103 338,714 3,875 X 2,025 0 1,850 COLUMBIA LABS INC COMMON 197779101 37,080 12,000 X 12,000 0 0 COMCAST CORP NEW COM COMMON 20030N101 334,843 13,214 X 1,300 0 11,914 CONOCOPHILLIPS COMMON 20825C104 52,096,933 692,871 X 438,042 0 254,828 CONSOL ENERGY INC COM COMMON 20854P109 32,247,393 665,169 X 399,328 0 265,841 CORNING INC COMMON 219350105 15,945,628 878,547 X 538,293 0 340,254 CORRECTIONS CORP AMER COMMON 22025Y407 220,830 10,200 X 0 0 10,200 COSTCO WHOLESALE CORP COMMON 22160K105 30,501,720 375,452 X 249,974 0 125,478 COVIDIEN PLC COMMON G2554F113 6,292,584 118,215 X 103,375 0 14,840 CSX CORP COMMON 126408103 312,674 11,925 X 11,925 0 0 DEERE & CO. COMMON 244199105 634,370 7,694 X 5,394 0 2,300 DENTSPLY INTL INC NEW COMMON 249030107 255,136 6,700 X 3,800 0 2,900 DEUTSCHE BK 6.55% PFD PREFERR 25153X208 526,900 22,000 X 18,500 0 3,500 DEVON ENERGY CORP NEW COMMON 25179M103 1,027,446 13,037 X 12,037 0 1,000 DOMINION RES INC VA N COMMON 25746U109 2,416,348 50,059 X 42,003 0 8,056 DOVER CORP COMMON 260003108 25,906,312 382,099 X 263,302 0 118,797 DU PONT E I DE NEMOUR COMMON 263534109 43,625,755 807,137 X 522,246 0 284,891 DUKE ENERGY CORP COMMON 26441C105 5,439,761 288,888 X 210,362 0 78,526 E M C CORP MASS COMMON 268648102 13,974,655 507,247 X 402,518 0 104,729 EATON CORP COMMON 278058102 20,925,737 406,720 X 242,493 0 164,227 EBAY INC COMMON 278642103 1,823,255 56,500 X 48,000 0 8,500 EDISON INTERNATIONAL COMMON 281020107 218,783 5,646 X 5,646 0 0 EL PASO CORPORATION COMMON 28336L109 7,882,565 390,226 X 159,026 0 231,200 EMERSON ELEC CO COMMON 291011104 45,409,782 807,285 X 494,280 0 313,005 ENCANA CORP COM COMMON 292505104 18,492,262 600,593 X 391,342 0 209,251 EOG RESOURCES INC. COMMON 26875P101 2,183,213 20,882 X 17,712 0 3,170 EQT CORP COM COMMON 26884L109 1,428,807 27,205 X 25,507 0 1,698 ESTABROOK CAPITAL MANAGEMENT LLC DISCRETIONARY OWNERSHIP FOR 13F AS OF DATE: 06/30/11 (ITEM 1) (ITEM 2) (ITEM 3) (ITEM 4) (ITEM 5) (ITEM 6) (ITEM 7) (ITEM 8) INVESTMENT VOTING AUTHORITY DISCRETION (SHARES) ----------------- --------------------------------------- NAME TITLE FAIR SHARES OR SHARED OF OF CUSIP MARKET PRINCIPAL SOLE SHARED OTHER SOLE SHARED NONE ISSUER CLASS NUMBER VALUE AMOUNT (A) (B) (C) MGR (A) (B) (C) ---------------------- ------ ---------- -------------- ------------ ----- ----- ----- -- ------------ ------------ ------------ EXELON CORP COMMON 30161N101 1,927,286 44,988 X 22,772 0 22,216 EXXON MOBIL CORPORATI COMMON 30231G102 21,092,765 259,189 X 169,344 0 89,845 FACTSET RESH SYS INC COMMON 303075105 5,412,114 52,894 X 40,084 0 12,810 FEDEX CORP COMMON 31428X106 5,301,736 55,896 X 40,005 0 15,891 FORD MTR CO DEL PAR $ COMMON 345370860 251,668 18,250 X 750 0 17,500 FREEPORT MCMORAN COPP COMMON 35671D857 14,076,478 266,096 X 151,304 0 114,792 FRONTIER COMMUNICATIO COMMON 35906A108 138,038 17,105 X 14,967 0 2,138 GENERAL ELECTRIC COMP COMMON 369604103 46,963,059 2,490,088 X X 1,537,693 225 952,170 GENERAL MILLS INC COMMON 370334104 4,216,989 113,299 X 85,679 0 27,620 GENL ELEC CAP CORPPFD PREFERR 369622527 1,040,546 40,300 X 40,000 0 300 GILEAD SCIENCES INC C COMMON 375558103 1,488,648 35,949 X 35,567 0 382 GLAXO PLC COMMON 37733W105 13,661,206 318,443 X 173,118 0 145,325 GOLDCORP INC NEW COM COMMON 380956409 10,003,523 207,241 X 104,138 0 103,103 GOLDMAN SACHS GROUP I COMMON 38141G104 794,947 5,973 X 5,373 0 600 GOLDMAN SACHS PFD 6.0 PREFERR 73941X577 735,840 31,500 X 31,500 0 0 GOOGLE INC CL A COMMON 38259P508 351,428 694 X 246 0 448 GRAINGER W W INC COMMON 384802104 654,549 4,260 X 4,260 0 0 GREAT NORTHN IRON ORE COMMON 391064102 206,520 2,000 X 0 0 2,000 GREATER CHINA FD INC MUTUAL 39167B102 328,333 25,853 X 0 0 25,853 GULFMARK OFFSHORE INC COMMON 402629208 43,212,694 977,884 X 655,974 0 321,910 HALLIBURTON CO COMMON 406216101 2,135,778 41,878 X 25,199 0 16,679 HARD TO TREAT DISEASE COMMON 41164A103 20 100,000 X 100,000 0 0 HARSCO CORP COMMON 415864107 260,800 8,000 X 0 0 8,000 HEWLETT PACKARD CO. COMMON 428236103 23,211,661 637,683 X 383,282 0 254,401 HOME DEPOT INC COMMON 437076102 754,933 20,843 X 16,360 0 4,483 HONEYWELL INTERNATION COMMON 438516106 47,129,094 790,889 X 488,052 0 302,837 HSBC FINANCE CORP PER PREFERR 40429C607 994,980 42,000 X 40,000 0 2,000 HSBC HOLDINGS PLC PFD PREFERR 404280802 652,560 24,000 X 24,000 0 0 HUDSON CITY BANCORP I COMMON 443683107 180,590 22,050 X 22,050 0 0 HUMANA INC COMMON 444859102 1,318,198 16,367 X 14,673 0 1,694 ILLINOIS TOOL WORKS I COMMON 452308109 203,929 3,610 X 2,020 0 1,590 INGERSOLL-RAND PLC COMMON G47791101 853,663 18,799 X 13,585 0 5,214 INTEL CORPORATION COMMON 458140100 12,631,976 570,035 X 413,793 0 156,242 INTERNATIONAL BUSINES COMMON 459200101 59,485,517 346,753 X 225,027 0 121,726 ITAU UNIBANCO BANCO B COMMON 465562106 496,599 21,087 X 3,625 0 17,462 J.P. MORGAN CHASE & C COMMON 46625H100 39,611,825 967,558 X X 641,859 100 325,599 JDS UNIPHASE CORP COMMON 46612J507 249,900 15,000 X 0 0 15,000 JOHNSON & JOHNSON COMMON 478160104 39,949,517 600,564 X 350,141 0 250,423 JPM CHASE CAPITAL XXV PREFERR 48124Y204 1,971,825 76,250 X 69,800 0 6,450 KAYDON CORP COMMON 486587108 205,260 5,500 X 2,500 0 3,000 KINDER MORGAN INC DEL COMMON 49456B101 443,879 15,450 X 4,300 0 11,150 LA CORTEZ ENERGY INC COMMON 50255M108 11,500 25,000 X 25,000 0 0 LEGACY RESERVES LP UN COMMON 524707304 1,064,387 35,850 X 33,850 0 2,000 LEGG MASON PARTNERS I MUTUAL 52469L785 190,768 14,300 X 0 0 14,300 LILLY ELI & CO COMMON 532457108 1,435,335 38,245 X 28,200 0 10,045 ESTABROOK CAPITAL MANAGEMENT LLC DISCRETIONARY OWNERSHIP FOR 13F AS OF DATE: 06/30/11 (ITEM 1) (ITEM 2) (ITEM 3) (ITEM 4) (ITEM 5) (ITEM 6) (ITEM 7) (ITEM 8) INVESTMENT VOTING AUTHORITY DISCRETION (SHARES) ----------------- --------------------------------------- NAME TITLE FAIR SHARES OR SHARED OF OF CUSIP MARKET PRINCIPAL SOLE SHARED OTHER SOLE SHARED NONE ISSUER CLASS NUMBER VALUE AMOUNT (A) (B) (C) MGR (A) (B) (C) ---------------------- ------ ---------- -------------- ------------ ----- ----- ----- -- ------------ ------------ ------------ L-3 COMMUNICATIONS HL COMMON 502424104 260,601 2,980 X 300 0 2,680 M & T BK CORP COMMON 55261F104 760,768 8,650 X 7,000 0 1,650 MACYS INC COM COMMON 55616P104 1,487,936 50,887 X 42,231 0 8,656 MARATHON OIL CORP COM COMMON 565849106 9,542,824 181,147 X 95,872 0 85,275 MCDERMOTT INTERNATION COMMON 580037109 12,714,672 641,831 X 360,241 0 281,590 MCDONALDS CORP COMMON 580135101 273,197 3,240 X 340 0 2,900 MEDTRONIC INC COMMON 585055106 204,209 5,300 X 4,800 0 500 MERCK & COMPANY COMMON 58933Y105 3,051,138 86,459 X 63,758 0 22,701 MERRILL LYNCH CAP TRU PREFERR 59024T203 473,400 20,000 X 20,000 0 0 MICROSOFT CORPORATION COMMON 594918104 44,873,478 1,725,903 X X 1,098,332 175 627,396 MINDRAY MEDICAL INTL COMMON 602675100 6,632,955 236,469 X 135,575 0 100,894 MONSANTO CO COMMON 61166W101 1,742,048 24,015 X 18,035 0 5,980 MOODYS CORP COMMON 615369105 271,902 7,090 X 1,090 0 6,000 MORGAN STANLEY COMMON 617446448 1,277,492 55,519 X 39,580 0 15,939 MORGAN STANLEY 6.45% PREFERR 61753R200 704,990 29,000 X 28,000 0 1,000 NATIONAL CITY CAP TR PREFERR 63540X201 254,000 10,000 X 10,000 0 0 NATIONAL FUEL GAS CO COMMON 636180101 30,352,941 416,936 X 230,234 0 186,702 NATIONAL-OILWELL INC COMMON 637071101 39,162,836 500,739 X 345,459 0 155,280 NESTLE ADR COMMON 641069406 4,530,668 73,011 X 52,795 0 20,216 NEWMONT MNG CORP COMMON 651639106 2,027,653 37,570 X 27,610 0 9,960 NEXEN INC COM COMMON 65334H102 675,000 30,000 X 30,000 0 0 NEXTERA ENERGY INC CO COMMON 65339F101 20,475,526 356,344 X 236,702 0 119,642 NOKIA CORP COMMON 654902204 2,234,051 347,983 X 296,585 0 51,398 NORDSTROM INC COMMON 655664100 857,547 18,269 X 6,900 0 11,369 NORFOLK SOUTHN CORP COMMON 655844108 42,405,360 565,933 X 325,923 0 240,010 NORTHROP GRUMMAN CORP COMMON 666807102 1,038,447 14,974 X 14,908 0 66 NUCOR CORP COMMON 670346105 294,764 7,151 X 1,151 0 6,000 NVIDIA CORP COM COMMON 67066G104 260,537 16,350 X 0 0 16,350 OLIN CORP PAR $1. COMMON 680665205 673,002 29,700 X 2,450 0 27,250 OMNICOM GROUP COMMON 681919106 372,421 7,733 X 7,733 0 0 OPPENHEIMER LIMITED T MUTUAL 771740107 227,438 70,197 X 0 0 70,197 ORACLE SYS CORP COMMON 68389X105 20,799,630 632,016 X 400,835 0 231,181 OVERSEAS SHIPHOLDING COMMON 690368105 277,213 10,290 X 1,020 0 9,270 PATRIOT TRANSN HLDG I COMMON 70337B102 5,245,049 234,468 X 211,518 0 22,950 PAYCHEX INC COMMON 704326107 350,208 11,400 X 2,000 0 9,400 PEOPLES UNITED FINANC COMMON 712704105 2,955,107 219,874 X 209,424 0 10,450 PEPSICO INC COMMON 713448108 1,722,295 24,454 X 15,024 0 9,430 PETROBRAS BRASILEIRO COMMON 71654V101 3,397,135 110,728 X 53,118 0 57,610 PFIZER INC COMMON 717081103 14,212,682 689,936 X 389,444 0 300,492 PHILIP MORRIS INTL IN COMMON 718172109 1,826,760 27,359 X 3,729 0 23,630 PNC FINANCIAL GROUP COMMON 693475105 15,616,173 261,972 X 156,671 0 105,301 POTASH CORP SASK INC COMMON 73755L107 2,640,404 46,331 X 34,617 0 11,714 PPG INDS INC COMMON 693506107 814,477 8,971 X 7,386 0 1,585 PRAXAIR INC COMMON 74005P104 40,600,404 374,577 X 205,501 0 169,076 PROCTER & GAMBLE CO COMMON 742718109 13,749,682 216,292 X 156,756 0 59,536 ESTABROOK CAPITAL MANAGEMENT LLC DISCRETIONARY OWNERSHIP FOR 13F AS OF DATE: 06/30/11 (ITEM 1) (ITEM 2) (ITEM 3) (ITEM 4) (ITEM 5) (ITEM 6) (ITEM 7) (ITEM 8) INVESTMENT VOTING AUTHORITY DISCRETION (SHARES) ----------------- --------------------------------------- NAME TITLE FAIR SHARES OR SHARED OF OF CUSIP MARKET PRINCIPAL SOLE SHARED OTHER SOLE SHARED NONE ISSUER CLASS NUMBER VALUE AMOUNT (A) (B) (C) MGR (A) (B) (C) ---------------------- ------ ---------- -------------- ------------ ----- ----- ----- -- ------------ ------------ ------------ PROGRESS ENERGY COMMON 743263105 206,443 4,300 X 2,300 0 2,000 PUBLIC STORAGE INC COMMON 74460D109 245,692 2,155 X 2,155 0 0 QEP RES INC COM COMMON 74733V100 24,458,796 584,719 X 333,980 0 250,739 QUALCOMM INC COMMON 747525103 1,158,062 20,392 X 4,371 0 16,021 QUESTAR CORP COMMON 748356102 25,789,957 1,456,237 X 809,157 0 647,080 RANGE RES CORP COM COMMON 75281A109 37,619,843 677,835 X 389,735 0 288,100 RAYTHEON CO NEW COM COMMON 755111507 428,112 8,588 X 8,119 0 469 REGIONS FINANCIAL COR COMMON 7591EP100 69,533 11,215 X 6,746 0 4,469 RELM WIRELESS CORP CO COMMON 759525108 20,471 14,727 X 14,727 0 0 RENAISSANCERE HLDGS L COMMON G7496G103 2,621,446 37,476 X 34,775 0 2,701 ROCHE HLDG LTD SPONSO COMMON 771195104 437,222 10,466 X 10,000 0 466 ROYAL DUTCH SHELL PLC COMMON 780259107 16,192,181 225,675 X 135,710 0 89,965 ROYAL DUTCH SHELL PLC COMMON 780259206 1,433,649 20,155 X 13,230 0 6,925 SAN JUAN BASIN RTY TR COMMON 798241105 472,360 19,600 X 14,300 0 5,300 SANOFI-AVENTIS ADR COMMON 80105N105 1,731,729 43,110 X 31,254 0 11,856 SCHLUMBERGER COMMON 806857108 40,123,728 464,395 X X 280,434 50 183,911 SEASPAN CORP SHS COMMON Y75638109 268,167 18,355 X 5 0 18,350 SENSATA TECHNOLOGIES COMMON N7902X106 2,774,805 73,700 X 54,850 0 18,850 SONOCO PRODUCTS COMMON 835495102 3,984,709 112,119 X 96,030 0 16,089 SPECTRA ENERGY CORP C COMMON 847560109 35,927,603 1,310,748 X 777,128 0 533,620 STANLEY BLACK AND DEC COMMON 854502101 267,882 3,718 X 350 0 3,368 STAPLES INC COMMON 855030102 181,700 11,500 X 2,000 0 9,500 STRYKER CORP COMMON 863667101 3,776,995 64,355 X 47,375 0 16,980 SUNCOR ENERGY INC COMMON 867224107 400,795 10,251 X 4,251 0 6,000 SUPERIOR ENERGY SVCS COMMON 868157108 2,914,004 78,460 X 72,360 0 6,100 SYSCO CORP COMMON 871829107 513,316 16,463 X 1,763 0 14,700 TARGET CORP COMMON 87612E106 2,786,219 59,395 X 36,323 0 23,072 TECO ENERGY INC COMMON 872375100 2,483,091 131,450 X 108,150 0 23,300 TERADATA CORP DEL COM COMMON 88076W103 1,473,877 24,483 X 10,340 0 14,143 TEVA PHARMACEUTICAL I COMMON 881624209 2,167,489 44,950 X 31,865 0 13,085 TEXAS INSTRUMENTS INC COMMON 882508104 5,974,797 181,992 X 114,529 0 67,463 TIFFANY & CO NEW COMMON 886547108 6,621,199 84,325 X 80,500 0 3,825 TORONTO DOMINION BK O COMMON 891160509 7,366,861 86,771 X 31,257 0 55,514 TOYOTA MTR CORP ADR 1 COMMON 892331307 1,656,642 20,100 X 100 0 20,000 TRANSCANADA CORP COM COMMON 89353D107 37,590,564 857,449 X 501,438 0 356,011 TRAVELERS COMPANIES I COMMON 89417E109 845,401 14,481 X 13,542 0 939 U S BANCORP COMMON 902973304 14,927,738 585,172 X 362,689 0 222,483 UNILEVER PLC ADR SPON COMMON 904767704 244,221 7,540 X 5,560 0 1,980 UNION PAC CORP COMMON 907818108 20,835,943 199,578 X 158,136 0 41,442 UNITED TECHNOLOGIES C COMMON 913017109 33,784,511 381,703 X 226,776 0 154,927 UNITEDHEALTH GROUP IN COMMON 91324P102 3,676,003 71,268 X 66,554 0 4,714 US CELLULAR CORP 6.95 PREFERR 911684405 325,650 13,000 X 13,000 0 0 V F CORP COMMON 918204108 2,144,711 19,756 X 14,350 0 5,406 VALE S A ADR COMMON 91912E105 1,680,762 52,606 X 30,639 0 21,967 VALLEY NATL BANCORP COMMON 919794107 140,659 10,335 X 10,335 0 0 ESTABROOK CAPITAL MANAGEMENT LLC DISCRETIONARY OWNERSHIP FOR 13F AS OF DATE: 06/30/11 (ITEM 1) (ITEM 2) (ITEM 3) (ITEM 4) (ITEM 5) (ITEM 6) (ITEM 7) (ITEM 8) INVESTMENT VOTING AUTHORITY DISCRETION (SHARES) ----------------- --------------------------------------- NAME TITLE FAIR SHARES OR SHARED OF OF CUSIP MARKET PRINCIPAL SOLE SHARED OTHER SOLE SHARED NONE ISSUER CLASS NUMBER VALUE AMOUNT (A) (B) (C) MGR (A) (B) (C) ---------------------- ------ ---------- -------------- ------------ ----- ----- ----- -- ------------ ------------ ------------ VEOLIA ENVIRONNEMENT COMMON 92334N103 589,274 20,793 X 18,992 0 1,801 VERIZON COMMUNICATION COMMON 92343V104 28,626,682 768,914 X 491,332 0 277,583 VODAFONE GROUP INC COMMON 92857W209 592,837 22,187 X 12,237 0 9,950 VULCAN MATERIALS CO COMMON 929160109 531,945 13,806 X 7,133 0 6,673 WACHOVIA CAP TRUST TR PREFERR 92978U207 242,736 9,725 X 2,000 0 7,725 WAL MART STORES INC COMMON 931142103 413,429 7,780 X 4,130 0 3,650 WALGREEN CO COMMON 931422109 349,870 8,240 X 3,090 0 5,150 WALTER INDS INC COMMON 93317Q105 4,224,847 36,484 X 26,609 0 9,875 WASTE MANAGEMENT INC COMMON 94106L109 1,989,324 53,376 X 43,332 0 10,044 WEATHERFORD INTERNATI COMMON H27013103 30,015,038 1,600,802 X 1,039,825 0 560,977 WELLS FARGO NEW COMMON 949746101 26,910,410 959,031 X 614,987 0 344,044 WELLSTAR INTERNATIONA COMMON 949902209 2 20,000 X 20,000 0 0 WESTERN UN CO COM COMMON 959802109 835,511 41,713 X 35,231 0 6,482 WHOLE FOODS MKT INC COMMON 966837106 279,180 4,400 X 0 0 4,400 WILLIAMS CO COMMON 969457100 3,902,311 129,002 X 115,302 0 13,700 WIPRO LTD SPON ADR 1 COMMON 97651M109 210,720 16,000 X 0 0 16,000 XCEL ENERGY INC COMMON 98389B100 249,658 10,274 X 6,689 0 3,585 ZIMMER HLDGS INC COMMON 98956P102 363,969 5,759 X 5,340 0 419 TOTAL 1,827,732,622