13F-HR 1 c61091e13fvhr.txt FORM 13F-HR UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 09/30/2010 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: Howe Barnes Capital Management, Inc. Address: 222 South Riverside Plaza, 7th Floor Chicago, IL 60606 Form 13F File Number: 28- 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 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: Ronald A. Sirt Title: Senior Vice President Phone: (312) 655-2906 Signature, Place, and Date of Signing: By: /s/ Ronald A. Sirt City: Chicago, IL 09/30/2010 Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 235

Page 2 BERKSHIRE HATHAWAY INC DEL CL COM 084670108 5353 43 SH SOLE 43 BEST BUY COMPANY INC COM 086516101 65 1600 SH SOLE 1600 BLACKROCK SR HIGH INCOMEFD INC COM 09255t109 47 12004 SH SOLE 12004 BOEING CO COM 097023105 467 7023 SH SOLE 7023 BP PLC ADR (CNV INTO 6ORD USD0 COM 055622104 1396 33913 SH SOLE 33913 BRE PPTYS INC MARYLAND AREIT COM 05564e106 641 15460 SH SOLE 15460 BRISTOL MYERS SQUIBB COM 110122108 261 9660 SH SOLE 9660 BROADRIDGE FINANCIALSOLUTIONS COM 11133t103 16 725 SH SOLE 725 CAMPBELL SOUP CO COM 134429109 607 17000 SH SOLE 17000 CANON INC ADR COM 138006309 3113 66634 SH SOLE 66634 CATERPILLAR INC DEL COM 149123101 3634 46193 SH SOLE 46193 CENTRAL BANCSHARES INC TEX CMT COM 152424107 583 220 SH SOLE 220 CHENIERE ENERGY PARTNERS LP COM 16411Q101 313 16800 SH SOLE 16800 CHESAPEAKE ENERGY CORP COM 165167107 475 21014 SH SOLE 21014 CHEVRON CORP COM 166764100 11752 144998 SH SOLE 144998 CHURCH& DWIGHT INC COM 171340102 401 6175 SH SOLE 6175 CISCO SYS INC COM 17275r102 10591 483639 SH SOLE 483639 CITIGROUP INC COM 172967101 241 61771 SH SOLE 61771 CLAYMORE NATURAL GAS ETF COMMO COM 18384H100 49 17950 SH SOLE 17950 CLOROX CO DEL COM COM 189054109 4189 62758 SH SOLE 62758 10 150 SH DEFINED 150 COCA COLA CO COM 191216100 1394 23834 SH SOLE 23834 COMCAST CORP NEW CLA COM 20030n101 1804 99788 SH SOLE 99788 COMCAST CORP NEW CLA SPL COM 20030n200 257 15165 SH SOLE 15165 CONOCOPHILLIPS COM 20825c104 4123 71798 SH SOLE 71798 COPART INC COM 217204106 60 1840 SH SOLE 1840 CORNING INC COM 219350105 468 25653 SH SOLE 25653 COSTCO WHOLESALE CORP COM 22160k105 3474 53878 SH SOLE 53878 CVS CAREMARK CORP COM 126650100 3085 98033 SH SOLE 98033 DIRECTV GROUP INC COM 25459l106 0 24 SH SOLE 24 DISNEY (WALT) CO COM STK COM 254687106 506 15315 SH SOLE 15315

Page 3 DOMINION RESOURCES INCVA NEW COM 25746u109 280 6426 SH SOLE 6426 DOW 30 ENHANCED PREMIUM & INCO COM 260537105 306 30020 SH SOLE 30020 DOW CHEMICAL CO COM 260543103 198 7222 SH SOLE 7222 DU PONT E I DE NEMOURS& CO COM 263534109 616 13823 SH SOLE 13823 DUKE ENERGY CORP NEW COM 26441c105 2154 121671 SH SOLE 121671 14 800 SH DEFINED 800 E M C CORP MASS COM 268648102 194 9559 SH SOLE 9559 EMERSON ELECTRIC CO COM 291011104 239 4550 SH SOLE 4550 EMPLOYERS HOLDINGS INC COM COM 384 24357 SH SOLE 24357 EVIRONMENTAL OIL PROCESSING TE COM 29407q100 0 75000 SH SOLE 75000 EXXON MOBIL CORP COM COM 30231g102 2655 42976 SH SOLE 42976 FAMILY DOLLAR STORES COM 307000109 818 18524 SH SOLE 18524 FARMERS & MERCHANTS BANK LONG COM 308243104 576 144 SH SOLE 144 FEDEX CORP DELAWARE COM COM 31428x106 2491 29135 SH SOLE 29135 FORD MOTOR CO COM COM 345370860 166 13605 SH SOLE 13605 FORTUNE BRANDS INC COM 349631101 544 11065 SH SOLE 11065 FRANKLIN RES INC COM 354613101 299 2800 SH SOLE 2800 FREEPRT-MCMRAN CPR & GLD COM 35671d857 1447 16950 SH SOLE 16950 FRONTIER COMMUNICATIONSCORP CO COM 35906a108 557 68196 SH SOLE 68196 12 1500 SH DEFINED 1500 GENERAL ELECTRIC COM 369604103 5530 340312 SH SOLE 340312 GENERAL MILLS COM 370334104 1546 42331 SH SOLE 42331 GILEAD SCIENCES INC COM COM 375558103 1605 45075 SH SOLE 45075 GLAXOSMITHKLINE PLC SPONSOREDA COM 37733w105 482 12200 SH SOLE 12200 GOLDMAN SACHS GROUP INC COM 38141g104 873 6042 SH SOLE 6042 GOOGLE INC CLA COM 38259p508 6019 11449 SH SOLE 11449 15 30 SH DEFINED 30 GRAINGER W W INC COM 384802104 748 6280 SH SOLE 6280 GROWERS DIRECT COFFEE COM COM 399849108 0 12000 SH SOLE 12000 HANCOCK JOHN TAX ADVANTAGEDIVI COM 41013v100 430 28260 SH SOLE 28260 HEWLETT-PACKARD CO DE COM 428236103 4184 99474 SH SOLE 99474 HOME DEPOT INC COM 437076102 254 8034 SH SOLE 8034

Page 4 HONEYWELL INTL INC COM 438516106 197 4500 SH SOLE 4500 HOWE BARNES INV - RESTRICTED COM 002304869 225 10 SH SOLE 10 HSBC HOLDINGS PLC SPONS ADR COM 404280406 202 4000 SH SOLE 4000 ILLINOIS TOOL WORKS COM 452308109 54 1164 SH SOLE 1164 INGERSOLL-RAND PLC SHSUSD1 COM g47791101 909 25475 SH SOLE 25475 INTEL CORP COM 458140100 2701 140685 SH SOLE 140685 INTERNATIONAL BUSINESS MACHS C COM 459200101 3309 24674 SH SOLE 24674 INTUIT INC COM 461202103 315 7200 SH SOLE 7200 IRON MTN INC PA COM COM 462846106 909 40721 SH SOLE 40721 ISHARES BARCLAYS 20+ YEAR TREA COM 464287432 456 4327 SH SOLE 4327 ISHARES MSCI ALL COUNTRY ASIA COM 464288182 4452 73579 SH SOLE 73579 JOHNSON AND JOHNSON COM COM 478160104 6119 98764 SH SOLE 98764 21 350 SH DEFINED 350 JOHNSON CTLS INC COM 478366107 28 940 SH SOLE 940 JOY GLOBAL INC COM COM 481165108 70 1000 SH SOLE 1000 JPMORGAN CHASE & CO COM 46625h100 922 24231 SH SOLE 24231 KIMBERLY CLARK CORP COM 494368103 460 7075 SH SOLE 7075 KKR FINL HLDGS LLC COM 48248a306 32 3716 SH SOLE 3716 KRAFT FOODS INC CLA COM 50075n104 824 26726 SH SOLE 26726 LEVEL 3 COMMUNICATIONS INC COM COM 52729N100 1 1500 SH SOLE 1500 LILLYELI & CO COM 532457108 226 6211 SH SOLE 6211 MARKET VECTORS HARD ASSETS PRO COM 57060U795 3372 99982 SH SOLE 99982 MC GRAW HILL COMPANIES COM 580645109 343 10400 SH SOLE 10400 MCAFEE INC COM COM 579064106 5365 113533 SH SOLE 113533 9 200 SH DEFINED 200 MCDONALDS CORP COM 580135101 1041 13975 SH SOLE 13975 MEDCO HEALTH SOLUTIONSINC COM 58405u102 267 5132 SH SOLE 5132 MEDTRONIC INC COM 585055106 651 19388 SH SOLE 19388 MERCK & CO INC COM 58933Y105 1693 46009 SH SOLE 46009 18 500 SH DEFINED 500 MICROSOFT CORPCOM COM 594918104 2906 118662 SH SOLE 118662

Page 5 MONSANTO CO NEW DEL COM COM 61166w101 1297 27073 SH SOLE 27073 MORGAN STANLEY COM 617446448 140 5700 SH SOLE 5700 NASDAQ PREMIUM INCOME & GROWTH COM 63110R105 178 13396 SH SOLE 13396 NATIONAL PATENT DEV CORP NEW C COM 637132101 37 27000 SH SOLE 27000 NESTLE S A SPONSORED ADR REPST COM 641069406 316 5924 SH SOLE 5924 NICHOLAS APPLEGATE CONV& INCOM COM 65370f101 23 2400 SH SOLE 2400 NOKIA OYJ ADR EACH REPR1 ORD N COM 654902204 760 75777 SH SOLE 75777 NOVARTIS AG ADR-EACH REPR1 CHF COM 66987v109 1194 20715 SH SOLE 20715 NSTAR COM COM 67019E107 483 12284 SH SOLE 12284 NUVEEN BUILD AMER BD FD COM 67074C103 151 7400 SH SOLE 7400 ORACLE CORPORATION COM 68389x105 14652 545709 SH SOLE 545709 18 700 SH DEFINED 700 O`REILLY AUTOMOTIVE INC COM 686091109 26 495 SH SOLE 495 PACIFIC PREMIER BANCORP COM COM 69478X105 744 167215 SH SOLE 167215 13 3000 SH DEFINED 3000 PATTERSON COS INC COM 703395103 2025 70700 SH SOLE 70700 PEPSICO INC COM 713448108 4010 60364 SH SOLE 60364 PETROLEO BRASILEIRO SAPETROBRA COM 71654v408 228 6300 SH SOLE 6300 PFIZER INC DEL PV$0.05 COM 717081103 2115 123217 SH SOLE 123217 PHILIP MORRIS INTL INCCOM COM 718172109 933 16662 SH SOLE 16662 PLUMAS BANCORP COM COM 729273102 55 17990 SH SOLE 17990 POWERSHARES QQQ TRUST UNIT SER COM 19 400 SH SOLE 400 PRE PAID LEGAL SVCS INC COM COM 740065107 1134 18160 SH SOLE 18160 PROCTER & GAMBLE CO COM 742718109 4763 79424 SH SOLE 79424 PROSPECT CAPITAL CORP COM 74348T102 194 20000 SH SOLE 20000 QUEST DIAGNOSTICS INC COM 74834l100 1666 33020 SH SOLE 33020 QUESTCOR PHARMACEUTICALS CORP COM 74835Y101 12 1263 SH SOLE 1263 READING INTL INC CL A COM 755408101 4509 997677 SH SOLE 997677 12 2700 SH DEFINED 2700 REALTY INCOME CORP COMMON STOC COM 756109104 202 6000 SH SOLE 6000 REGAL BELOIT CORP COM 758750103 8 145 SH SOLE 145 ROYAL DUTCH SHELL ADREA REP 2 COM 780259206 1432 23757 SH SOLE 23757

Page 6 SANSWIRE CORP COM COM 801077108 1 14000 SH SOLE 14000 SANTA FE GOLD CORP COM 80201E108 85 80000 SH SOLE 80000 SARA LEE CORP COM 803111103 269 20051 SH SOLE 20051 SCHLUMBERGER LIMITED COMSTK US COM 806857108 413 6705 SH SOLE 6705 SEI INVESTMENTS CO COM COM 784117103 3936 193543 SH SOLE 193543 SERVICE MERCHANDISE ESCROW COM 8175879c4 0 25000 SH SOLE 25000 SHERWIN WILLIAMS CO COM 824348106 274 3650 SH SOLE 3650 SOURCE CAP INC COM 836144105 4106 88431 SH SOLE 88431 13 300 SH DEFINED 300 SPRINT NEXTEL CORP COM FON COM 852061100 61 13295 SH SOLE 13295 ST JUDE MEDICAL INC COM 790849103 717 18229 SH SOLE 18229 STANDARD CHARTERED PLC COM G84228157 289 10000 SH SOLE 10000 STAPLES INC COM 855030102 4594 219616 SH SOLE 219616 STATE STREET CORP COM 857477103 485 12900 SH SOLE 12900 STERICYCLE INC COM 858912108 1299 18700 SH SOLE 18700 SURETY CAPITAL CORP-NEW COM 868666207 0 17600 SH SOLE 17600 SYMANTEC CORP COM 871503108 181 12025 SH SOLE 12025 SYSCO CORP COM 871829107 770 26999 SH SOLE 26999 TARGET CORP COM COM 87612e106 2569 48085 SH SOLE 48085 TELLABSINC COM 879664100 3 500 SH SOLE 500 TEVA PHARMACEUTICAL INDUSTRIES COM 881624209 1765 33476 SH SOLE 33476 TEXAS INSTRUMENTS INC COM 882508104 659 24300 SH SOLE 24300 THERMO FISHER SCIENTIFICINC COM 883556102 934 19509 SH SOLE 19509 THOMSON REUTERS CORP COM 884903105 335 8928 SH SOLE 8928 TORONTO DOMINION BK ONT COM NE COM 891160509 172 2394 SH SOLE 2394 TOTAL ADR EACH REP 1 ORDSHS EU COM 89151e109 136 2652 SH SOLE 2652 TRANSOCEAN INC NEW SHS ISIN#KY COM g90073100 276 4300 SH SOLE 4300 TYCO ELECTRONICS LTD COMCHF2.6 COM h8912p106 19 675 SH SOLE 675 TYCO INTERNATIONAL LTD(SWITZER COM h89128104 24 675 SH SOLE 675 UCBH HLDGS INC COM 90262t308 0 25100 SH SOLE 25100 UNILEVER N V ISIN#US9047847093 COM 904784709 242 8130 SH SOLE 8130

Page 7 UNION PACIFIC CORP COM 907818108 190 2332 SH SOLE 2332 UNITED PARCEL SVC INCCL B COM 911312106 160 2410 SH SOLE 2410 UNITED TECHS CORP COM COM 913017109 7754 108871 SH SOLE 108871 UNITEDHEALTH GROUP COM 91324p102 533 15195 SH SOLE 15195 US BANCORP (NEW) COM 902973304 1565 72389 SH SOLE 72389 US NATURAL GAS FUND LP COM 912318102 65 10700 SH SOLE 10700 VERISIGN INC COM 92343e102 792 24973 SH SOLE 24973 VERIZON COMMUNICATIONS COM 92343v104 2726 83656 SH SOLE 83656 22 700 SH DEFINED 700 VIACOMINC NEW CL B COM 92553p201 6 177 SH SOLE 177 VISA INC COM CL A COM 92826c839 1059 14270 SH SOLE 14270 VODAFONE GROUP PLC NEWSPONSORE COM 92857w209 55 2225 SH SOLE 2225 WAL-MART STORES INC COM 931142103 437 8166 SH SOLE 8166 WALGREEN COMPANY COM 931422109 564 16860 SH SOLE 16860 WD 40 CO COM 929236107 855 22500 SH SOLE 22500 WELLS FARGO & CO NEW DEL COM 949746101 9763 388743 SH SOLE 388743 WESTERN UNION CO COM COM 959802109 255 14451 SH SOLE 14451 WHIRLPOOL CORP COM 963320106 6 86 SH SOLE 86 WINDSTREAMCORP COM COM 97381w104 245 19959 SH SOLE 19959 WING HANG BANK LTD SHS ISIN#HK COM Y9588K109 1797 150000 SH SOLE 150000 XEROXCORP COM 984121103 4 400 SH SOLE 400 ZIMMER HLDGS INC COM 98956p102 1798 34366 SH SOLE 34366 BUCKEYE PARTNERS L.P LPUS 118230101 1174 18500.000 SH SOLE 18500.000 CEDAR FAIR, L.P.DEP UNIT LPUS 150185106 454 34333.000 SH SOLE 34333.000 ENBRIDGE ENERGY PARTNERSLP LPUS 29250r106 486 8700.000 SH SOLE 8700.000 KINDER MORGAN ENERGY PARTNERS LPUS 494550106 2258 32966.000 SH SOLE 32966.000 BNY CAP V TR PFD SECS SER F 5. PRD 09656H209 202 8022 SH SOLE 8022 CAPITOL TR XII PFD 10.5% CUMUL PRD 14065D203 51 19000 SH SOLE 19000 US BANCORP DEL PFD1/1000SER D PRD 902973882 228 8124 SH SOLE 8124 USB CAP VI 5.75% GTD TR PFD SE PRD 903304202 224 9000 SH SOLE 9000 WELLS FARGO CAP XIV ENH TRUPS PRD 614 21948 SH SOLE 21948 28 1000 SH DEFINED 1000

Page 8 ISHARES TR DOW JONES US HEALTH 464287762 218 3450.0000 SH SOLE 3450.0000 ISHARES TR DOW JONES US INDL S 464287754 302 5244.0000 SH SOLE 5244.0000 ISHARES TR DOW JONES USTECHNOL 464287721 403 6983.0000 SH SOLE 6983.0000 ISHARES TR GOLDMAN SACHS NAT R 464287374 553 15939.8858 SH SOLE 15626.0000 313.8858 ISHARES TR MSCIEMERGING MKTS I 464287234 308 6883.1240 SH SOLE 6883.1240 ISHARES TR NASDAQ BIOTECHNOLOG 464287556 551 6391.4839 SH SOLE 6391.4839 ISHARES TR RUSSELL 2000INDEX F 464287655 213 3157.0000 SH SOLE 3157.0000 ISHARES TR RUSSELL MIDCAPINDEX 464287499 376 4170.0000 SH SOLE 4170.0000 ISHARES TR S&P EUROPE350 INDEX 464287861 267 7077.0000 SH SOLE 7077.0000 ISHARES TR S&P GLOBALCLEAN ENE 464288224 434 25150.0000 SH SOLE 25150.0000 SECTOR SPDR TR SHS BENINT FINA 81369y605 308 21534.0000 SH SOLE 21534.0000 SPDR GOLD TR GOLD SHS 78463v107 1052 8232.0000 SH SOLE 8232.0000 SPDR SER TR S&PBIOTECH ETF 78464a870 3932 66236.0420 SH SOLE 774.0000 65462.0420 VANGUARD EMERGING MKTSVIPERS 922042858 6313 138888.4660 SH SOLE 1642.0000 137246.4660 VANGUARD INDEX FDS FORMERLYVAN 922908553 3342 64182.8560 SH SOLE 4711.0000 59471.8560 VANGUARD INDEX FDS GROWTH ETF 922908736 207 3776.0000 SH SOLE 2776.0000 1000.0000 VANGUARD INDEX FDS VANGUARDMID 922908629 7615 114851.5320 SH SOLE 114851.5320 VANGUARD INDEX FDS VANGUARDSMA 922908751 4234 66743.1730 SH SOLE 66743.1730 VANGUARD INTL EQTY IDX EURPEAN 922042874 2478 50867.0000 SH SOLE 867.0000 50000.0000 VANGUARD INTL EQUITY INDEXFD I 922042775 16768 369350.9090 SH SOLE 369350.9090 VANGUARD SECTOR INDEXFDS CONSU 92204a108 3763 70062.1170 SH SOLE 70062.1170 VANGUARD SECTOR INDEXFDS CONSU 92204a207 5540 78394.0330 SH SOLE 78394.0330 VANGUARD SECTOR INDEXFDS VANGU 92204a306 5330 64430.0218 SH SOLE 64430.0218 VANGUARD SECTOR INDEXFDS VANGU 92204a405 5304 179084.1840 SH SOLE 179084.1840 VANGUARD SECTOR INDEXFDS VANGU 92204a504 6327 116045.3140 SH SOLE 116045.3140 VANGUARD SECTOR INDEXFDS VANGU 92204a603 4887 84579.9710 SH SOLE 84579.9710 VANGUARD SECTOR INDEXFDS VANGU 92204a702 6166 110903.2324 SH SOLE 110903.2324 VANGUARD SECTOR INDEXFDS VANGU 92204a801 2188 30865.6426 SH SOLE 30865.6426 VANGUARD WHITEHALL FDSHIGH DIV 921946406 708 18185.0110 SH SOLE 18185.0110

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Howe Barnes Capital Management, Inc. 13F-HR