13F-HR 1 c64590e13fvhr.txt FORM 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: 03/31/2011 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: Michael Wing Title: Principal Phone: (312) 655-2920 Signature, Place, and Date of Signing: By: /s/ Michael Wing City: Chicago, IL 03/31/2011 Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 235 FORM 13F INFORMATION TABLE

CHENIERE ENERGY PARTNERS LP COM 16411Q101 345 18100 SH SOLE 18100 CHESAPEAKE ENERGY CORP COM 165167107 551 16439 SH SOLE 16439 CHEVRON CORP COM 166764100 16949 157686 SH SOLE 157686 13 125 SH DEFINED 125 CHURCH& DWIGHT INC COM 171340102 341 4300 SH SOLE 4300 CISCO SYS INC COM 17275r102 7303 425887 SH SOLE 425887 CITIGROUP INC COM 172967101 79 17951 SH SOLE 17951 CLAYMORE NATURAL GAS ETF COMMO COM 18384H100 49 17950 SH SOLE 17950 CLOROX CO DEL COM COM 189054109 3715 53027 SH SOLE 53027 10 150 SH DEFINED 150 COCA COLA CO COM 191216100 1582 23852 SH SOLE 23852 COMCAST CORP NEW CLA COM 20030n101 2603 105320 SH SOLE 105320 CONOCOPHILLIPS COM 20825c104 7005 87721 SH SOLE 87721 11 150 SH DEFINED 150 COPART INC COM 217204106 79 1840 SH SOLE 1840 CORINTHIAN COLLEGES INC COM 218868107 51 11600 SH SOLE 11600 COSTCO WHOLESALE CORP COM 22160k105 3615 49308 SH SOLE 49308 CUMMINS INC COM 231021106 25 235 SH SOLE 235 CVS CAREMARK CORP COM 126650100 2903 84599 SH SOLE 84599 DEVON ENERGY CORP NEW COM 25179m103 208 2270 SH SOLE 2270 DISNEY (WALT) CO COM STK COM 254687106 447 10395 SH SOLE 10395 DNP SELECT INCOME FD COM 23325P104 95 10037 SH SOLE 10037 DOW 30 ENHANCED PREMIUM & INCO COM 260537105 345 30027 SH SOLE 30027 DOW CHEMICAL CO COM 260543103 159 4222 SH SOLE 4222 DU PONT E I DE NEMOURS& CO COM 263534109 1118 20343 SH SOLE 20343 DUKE ENERGY CORP NEW COM 26441c105 2421 133396 SH SOLE 133396 14 800 SH DEFINED 800 E M C CORP MASS COM 268648102 710 26734 SH SOLE 26734 EMERSON ELECTRIC CO COM 291011104 260 4450 SH SOLE 4450 EMPLOYERS HOLDINGS INC COM COM 503 24357 SH SOLE 24357 EVIRONMENTAL OIL PROCESSING TE COM 29407q100 0 75000 SH SOLE 75000 EXELON CORP COM 30161n101 84 2057 SH SOLE 2057 EXXON MOBIL CORP COM COM 30231g102 3652 43415 SH SOLE 43415 FAMILY DOLLAR STORES COM 307000109 950 18524 SH SOLE 18524 FARMERS & MERCHANTS BANK LONG COM 308243104 609 145 SH SOLE 145 FEDEX CORP DELAWARE COM COM 31428x106 2323 24835 SH SOLE 24835 FIRSTENERGY CORP COM 337932107 238 6417 SH SOLE 6417 FORD MOTOR CO COM COM 345370860 295 19805 SH SOLE 19805 FORTUNE BRANDS INC COM 349631101 577 9335 SH SOLE 9335 FREEPRT-MCMRAN CPR & GLD COM 35671d857 1759 31670 SH SOLE 31670 FRONTIER COMMUNICATIONSCORP CO COM 35906a108 1808 219967 SH SOLE 219967 12 1500 SH DEFINED 1500 GENERAL ELECTRIC COM 369604103 6736 336006 SH SOLE 336006 GENERAL MILLS COM 370334104 2851 78011 SH SOLE 78011 GILEAD SCIENCES INC COM COM 375558103 1725 40640 SH SOLE 40640 GOLAR LNG LIMITED SHS ISIN#BMG COM G9456A100 204 8000 SH SOLE 8000 GOLDMAN SACHS GROUP INC COM 38141g104 435 2742 SH SOLE 2742 GOOGLE INC CLA COM 38259p508 6554 11170 SH SOLE 11170 17 30 SH DEFINED 30 GRAINGER W W INC COM 384802104 565 4107 SH SOLE 4107 HANCOCK JOHN TAX ADVANTAGEDIVI COM 41013v100 431 27260 SH SOLE 27260 HEWLETT-PACKARD CO DE COM 428236103 4133 100889 SH SOLE 100889 HOME DEPOT INC COM 437076102 29 807 SH SOLE 807 HSBC HOLDINGS PLC SPONS ADR COM 404280406 207 4000 SH SOLE 4000

ILLINOIS TOOL WORKS COM 452308109 62 1164 SH SOLE 1164 INGERSOLL-RAND PLC SHSUSD1 COM g47791101 1008 20875 SH SOLE 20875 INTEGRATED DEVICE TECH INC COM 458118106 14 1925 SH SOLE 1925 INTEL CORP COM 458140100 2362 117095 SH SOLE 117095 INTERNATIONAL BUSINESS MACHS C COM 459200101 3422 20987 SH SOLE 20987 IRON MTN INC PA COM COM 462846106 1144 36637 SH SOLE 36637 ISHARES BARCLAYS 20+ YEAR TREA COM 464287432 2309 25069 SH SOLE 25069 ISHARES MSCI ALL COUNTRY ASIA COM 464288182 4604 73108 SH SOLE 73108 JOHNSON AND JOHNSON COM COM 478160104 5856 98851 SH SOLE 98851 20 350 SH DEFINED 350 JOHNSON CTLS INC COM 478366107 29 715 SH SOLE 715 JPMORGAN CHASE & CO COM 46625h100 2137 46364 SH SOLE 46364 KIMBERLY CLARK CORP COM 494368103 275 4225 SH SOLE 4225 KRAFT FOODS INC CLA COM 50075n104 665 21233 SH SOLE 21233 LEVEL 3 COMMUNICATIONS INC COM COM 52729N100 2 1500 SH SOLE 1500 LILLYELI & CO COM 532457108 192 5468 SH SOLE 5468 MARATHON OIL CORP ISIN#US56584 COM 565849106 132 2484 SH SOLE 2484 MARKET VECTORS HARD ASSETS PRO COM 57060U795 4376 103086 SH SOLE 103086 MC GRAW HILL COMPANIES COM 580645109 282 7180 SH SOLE 7180 MCDONALDS CORP COM 580135101 996 13090 SH SOLE 13090 MEDCO HEALTH SOLUTIONSINC COM 58405u102 243 4332 SH SOLE 4332 MEDTRONIC INC COM 585055106 546 13896 SH SOLE 13896 MERCK & CO INC COM 58933Y105 1542 46742 SH SOLE 46742 16 500 SH DEFINED 500 MICRON TECHNOLOGY INC COM 595112103 44 3850 SH SOLE 3850 MICROSOFT CORPCOM COM 594918104 2605 102619 SH SOLE 102619 MONSANTO CO NEW DEL COM COM 61166w101 1662 23003 SH SOLE 23003 NASDAQ PREMIUM INCOME & GROWTH COM 63110R105 155 10596 SH SOLE 10596 NATIONAL PATENT DEV CORP NEW C COM 637132101 33 22000 SH SOLE 22000 NESTLE S A SPONSORED ADR REPST COM 641069406 347 6049 SH SOLE 6049 NOKIA OYJ ADR EACH REPR1 ORD N COM 654902204 455 53565 SH SOLE 53565 NOVARTIS AG ADR-EACH REPR1 CHF COM 66987v109 1237 22770 SH SOLE 22770 NSTAR COM COM 67019E107 527 11404 SH SOLE 11404 NUVEEN BUILD AMER BD FD COM 67074C103 45 2500 SH SOLE 2500 ORACLE CORPORATION COM 68389x105 16224 485280 SH SOLE 485280 23 700 SH DEFINED 700 PACIFIC PREMIER BANCORP COM COM 69478X105 1648 241765 SH SOLE 241765 20 3000 SH DEFINED 3000 PATTERSON COS INC COM 703395103 2114 65700 SH SOLE 65700 PEPSICO INC COM 713448108 3890 60404 SH SOLE 60404 6 100 SH DEFINED 100 PETROHAWK ENERGY CORPORATION COM 716495106 60 2450 SH SOLE 2450 PFIZER INC DEL PV$0.05 COM 717081103 2346 115528 SH SOLE 115528 PHILIP MORRIS INTL INCCOM COM 718172109 1280 19515 SH SOLE 19515 PLUM CREEK TIMBER CO INC COM COM 729251108 222 5100 SH SOLE 5100 PLUMAS BANCORP COM COM 729273102 38 17990 SH SOLE 17990 POWERSHARES QQQ TRUST UNIT SER COM 73935A104 22 400 SH SOLE 400 PRE PAID LEGAL SVCS INC COM COM 740065107 1121 16990 SH SOLE 16990 PROCTER & GAMBLE CO COM 742718109 4346 70553 SH SOLE 70553 PROSPECT CAPITAL CORP COM 74348T102 177 14500 SH SOLE 14500 QUEST DIAGNOSTICS INC COM 74834l100 1372 23770 SH SOLE 23770 QUESTCOR PHARMACEUTICALS CORP COM 74835Y101 18 1263 SH SOLE 1263 READING INTL INC CL A COM 755408101 4423 876013 SH SOLE 876013 13 2700 SH DEFINED 2700

REALTY INCOME CORP COMMON STOC COM 756109104 334 9575 SH SOLE 9575 REGIONS FINL CORP COM 7591ep100 166 23000 SH SOLE 23000 ROYAL DUTCH SHELL ADREA REP 2 COM 780259206 1665 22857 SH SOLE 22857 SANSWIRE CORP COM COM 801077108 0 14000 SH SOLE 14000 SANTA FE GOLD CORP COM 80201E108 76 70000 SH SOLE 70000 SCHLUMBERGER LIMITED COMSTK US COM 806857108 392 4205 SH SOLE 4205 SEI INVESTMENTS CO COM COM 784117103 4501 188513 SH SOLE 188513 SHERWIN WILLIAMS CO COM 824348106 306 3650 SH SOLE 3650 SIEMENS A G SPONADR ISIN#US826 COM 826197501 267 1950 SH SOLE 1950 SOURCE CAP INC COM 836144105 4796 82629 SH SOLE 82629 17 300 SH DEFINED 300 SOUTHERN CO COM COM 842587107 6 167 SH SOLE 167 ST JUDE MEDICAL INC COM 790849103 286 5593 SH SOLE 5593 STANDARD CHARTERED PLC COM G84228157 262 10000 SH SOLE 10000 STAPLES INC COM 855030102 3882 199929 SH SOLE 199929 STATE STREET CORP COM 857477103 626 13950 SH SOLE 13950 STERICYCLE INC COM 858912108 1201 13550 SH SOLE 13550 SURETY CAPITAL CORP-NEW COM 868666207 0 17600 SH SOLE 17600 SYMANTEC CORP COM 871503108 204 11025 SH SOLE 11025 SYSCO CORP COM 871829107 264 9549 SH SOLE 9549 TARGET CORP COM COM 87612e106 1297 25948 SH SOLE 25948 TE CONNECTIVITY LTD COM H84989104 17 500 SH SOLE 500 TELLABSINC COM 879664100 2 500 SH SOLE 500 TEVA PHARMACEUTICAL INDUSTRIES COM 881624209 1586 31621 SH SOLE 31621 TEXAS INSTRUMENTS INC COM 882508104 466 13500 SH SOLE 13500 THERMO FISHER SCIENTIFICINC COM 883556102 1079 19438 SH SOLE 19438 THOMSON REUTERS CORP COM 884903105 350 8928 SH SOLE 8928 TORONTO DOMINION BK ONT COM NE COM 891160509 212 2394 SH SOLE 2394 TOTAL ADR EACH REP 1 ORDSHS EU COM 89151e109 2414 39602 SH SOLE 39602 TRANSOCEAN INC NEW SHS ISIN#KY COM g90073100 233 3000 SH SOLE 3000 TRAVELERS COS INC COM COM 89417e109 112 1898 SH SOLE 1898 TYCO INTERNATIONAL LTD(SWITZER COM h89128104 22 500 SH SOLE 500 UNION PACIFIC CORP COM 907818108 196 2000 SH SOLE 2000 UNITED PARCEL SVC INCCL B COM 911312106 98 1325 SH SOLE 1325 UNITED TECHS CORP COM COM 913017109 9135 107915 SH SOLE 107915 UNITEDHEALTH GROUP COM 91324p102 334 7400 SH SOLE 7400 US BANCORP (NEW) COM 902973304 1415 53575 SH SOLE 53575 VERISIGN INC COM 92343e102 571 15773 SH SOLE 15773 VERIZON COMMUNICATIONS COM 92343v104 3238 84041 SH SOLE 84041 26 700 SH DEFINED 700 VIACOMINC NEW CL B COM 92553p201 3 77 SH SOLE 77 VISA INC COM CL A COM 92826c839 1004 13645 SH SOLE 13645 VODAFONE GROUP PLC NEWSPONSORE COM 92857w209 63 2225 SH SOLE 2225 WAL-MART STORES INC COM 931142103 338 6505 SH SOLE 6505 WALGREEN COMPANY COM 931422109 704 17545 SH SOLE 17545 WALTER INDS INC COM COM 415 3070 SH SOLE 3070 WD 40 CO COM 929236107 952 22500 SH SOLE 22500 WELLS FARGO & CO NEW DEL COM 949746101 12127 382442 SH SOLE 382442 WESTERN UNION CO COM COM 959802109 300 14451 SH SOLE 14451 WINDSTREAMCORP COM COM 97381w104 192 14959 SH SOLE 14959 WING HANG BANK LTD SHS ISIN#HK COM Y9588K109 1766 150000 SH SOLE 150000 XEROXCORP COM 984121103 4 400 SH SOLE 400 ZIMMER HLDGS INC COM 98956p102 1714 28326 SH SOLE 28326 BUCKEYE PARTNERS L.P LPUS 118230101 1175 18500.000SH SOLE 18500.000

CEDAR FAIR, L.P.DEP UNIT LPUS 150185106 646 33666.000SH SOLE 33666.000 ENBRIDGE ENERGY PARTNERSLP LPUS 29250r106 529 8200.000 SH SOLE 8200.000 KINDER MORGAN ENERGY PARTNERS LPUS 494550106 2294 30966.000SH SOLE 30966.000 BNY CAP V TR PFD SECS SER F 5. PRD 09656H209 203 8067 SH SOLE 8067 US BANCORP DEL PFD1/1000SER D PRD 902973882 224 8124 SH SOLE 8124 USB CAP VI 5.75% GTD TR PFD SE PRD 903304202 224 9000 SH SOLE 9000 ALERIAN MLP ETF 00162Q866 167 10266.0000SH SOLE 10266.0000 ISHARES INC MSCI BRAZILINDEX F 464286400 276 3566.5880SH SOLE 3566.5880 ISHARES S&P LATIN AMERICA 40 464287390 391 7270.0000SH SOLE 7270.0000 ISHARES SILVER TR ISHARES 46428q109 383 10440.0000SH SOLE 10440.0000 ISHARES TR DOW JONES US INDL S 464287754 226 3187.0000SH SOLE 3187.0000 ISHARES TR DOW JONES USTECHNOL 464287721 294 4431.0000SH SOLE 4431.0000 ISHARES TR GOLDMAN SACHS NAT R 464287374 562 12000.0000SH SOLE 12000.0000 ISHARES TR MSCIEAFE INDEX FD 464287465 229 3826.2390SH SOLE 3826.2390 ISHARES TR MSCIEMERGING MKTS I 464287234 334 6874.3610SH SOLE 6874.3610 ISHARES TR NASDAQ BIOTECHNOLOG 464287556 397 3964.0000SH SOLE 3964.0000 ISHARES TR RUSSELL MIDCAPINDEX 464287499 384 3530.0000SH SOLE 3530.0000 ISHARES TR S&P EUROPE350 INDEX 464287861 305 7302.0000SH SOLE 7302.0000 ISHARES TR S&P GLOBALCLEAN ENE 464288224 191 10150.0000SH SOLE 10150.0000 ISHARES TR S&P U S PFDSTK INDE 464288687 231 5830.0000SH SOLE 5830.0000 S & P 500 DEPOSITORY RECEIPT 78462f103 221 1671.0000SH SOLE 1671.0000 SECTOR SPDR TR SHS BENINT FINA 81369y605 394 24056.1250SH SOLE 24056.1250 SPDR GOLD TR GOLD SHS 78463v107 566 4049.0000SH SOLE 4049.0000 SPDR S&P GLOBAL NATURAL RESOUR 78463X541 276 4400.0000SH SOLE 4400.0000 SPDR SER TR S&PBIOTECH ETF 78464a870 4836 72442.0420SH SOLE 774.000071668.0420 VANGUARD EMERGING MKTSVIPERS 922042858 7755 158433.0500SH SOLE 5367.0000153066.0500 VANGUARD INDEX FDS FORMERLYVAN 922908553 3186 54491.3870SH SOLE 54491.3870 VANGUARD INDEX FDS GROWTH ETF 922908736 368 5726.0000SH SOLE 4726.00001000.0000 VANGUARD INDEX FDS MCAP GR IDX 922908538 239 3541.0000SH SOLE 3541.0000 VANGUARD INDEX FDS SML CP GRW 922908595 247 2868.0000SH SOLE 2868.0000 VANGUARD INDEX FDS VANGUARDMID 922908629 9389 116564.0110SH SOLE 116564.0110 VANGUARD INDEX FDS VANGUARDSMA 922908751 5081 64325.4810SH SOLE 64325.4810 VANGUARD INTL EQTY IDX EURPEAN 922042874 2642 50867.0000SH SOLE 867.000050000.0000 VANGUARD INTL EQUITY INDEXFD I 922042775 20639 418475.4900SH SOLE 418475.4900 VANGUARD SECTOR INDEXFDS CONSU 92204a108 4576 72489.0900SH SOLE 72489.0900 VANGUARD SECTOR INDEXFDS CONSU 92204a207 6873 90928.5720SH SOLE 90928.5720 VANGUARD SECTOR INDEXFDS VANGU 92204a306 8962 76781.6368SH SOLE 76781.6368 VANGUARD SECTOR INDEXFDS VANGU 92204a405 8037 237130.2490SH SOLE 237130.2490 VANGUARD SECTOR INDEXFDS VANGU 92204a504 7576 126194.1510SH SOLE 126194.1510 VANGUARD SECTOR INDEXFDS VANGU 92204a603 6397 90915.9580SH SOLE 90915.9580 VANGUARD SECTOR INDEXFDS VANGU 92204a702 9052 140940.6764SH SOLE 140940.6764 VANGUARD SECTOR INDEXFDS VANGU 92204a801 3002 34371.7906SH SOLE 34371.7906 VANGUARD WHITEHALL FDSHIGH DIV 921946406 985 22221.1140SH SOLE 22221.1140

Howe Barnes Capital Management, Inc. 13F-HR