13F-HR 1 c51238e13fvhr.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: 03/31/2009 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: 555 Market St. 18th Floor San Francisco, CA 94105 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: Daane Etheridge Title: Advent/Axys Specialist Phone: (312) 655-2740 Signature, Place, and Date of Signing: By: /s/ Daane Etheridge City: San Francisco, CA 03/31/2009 --------------------------------- ----------------- -------------- Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 175 FORM 13F INFORMATION TABLE

KELSO TECHNOLOGIES INC COM 0 10000 SH SOLE 10000 KIMBERLY CLARK CORP COM 494368103 344 7475 SH SOLE 7475 KKR FINL HLDGS LLC COM 48248a306 47 54103 SH SOLE 54103 KRAFT FOODS INC CLA COM 50075n104 612 27492 SH SOLE 27492 LILLYELI & CO COM 532457108 330 9905 SH SOLE 9905 MC GRAW HILL COMPANIES COM 580645109 1289 56395 SH SOLE 56395 MCDONALDS CORP COM 580135101 769 14103 SH SOLE 14103 MEDTRONIC INC COM 585055106 639 21703 SH SOLE 21703 MICROSOFT CORPCOM COM 594918104 3189 173644 SH SOLE 173644 MONSANTO CO NEW DEL COM COM 61166w101 1929 23217 SH SOLE 23217 NATIONAL PATENT DEV CORP NEW C COM 637132101 38 32000 SH SOLE 32000 NOKIA CORP ADR COM 654902204 1298 111249 SH SOLE 111249 NOVARTIS AG ADR ISIN#US66987V1 COM 66987v109 788 20854 SH SOLE 20854 NSTAR COM COM 67019E107 477 14976 SH SOLE 14976 ORACLE CORPORATION COM 68389x105 12659 700590 SH SOLE 700590 36 2000 SH DEFINED 2000 PATTERSON COS INC COM 703395103 1333 70700 SH SOLE 70700 PEPSICO INC COM 713448108 2582 50168 SH SOLE 50168 PFIZER INC DEL PV$0.05 COM 717081103 631 46370 SH SOLE 46370 PHILIP MORRIS INTL INCCOM COM 718172109 694 19528 SH SOLE 19528 PLUMAS BANCORP COM COM 729273102 77 12990 SH SOLE 12990 PRE PAID LEGAL SVCS INC COM COM 740065107 838 28900 SH SOLE 28900 PRECISION CASTPARTS CORP COM 740189105 482 8050 SH SOLE 8050 PROCTER & GAMBLE CO COM 742718109 4165 88455 SH SOLE 88455 PUB SVC ENTERPRISE GRP COM 744573106 430 14592 SH SOLE 14592 QUEST DIAGNOSTICS INC COM 74834l100 3172 66825 SH SOLE 66825 READING INTL INC CL A COM 755408101 3743 1069579 SH SOLE 1069579 9 2700 SH DEFINED 2700 RESEARCH IN MOTION LTD ISIN#CA COM 760975102 365 8474 SH SOLE 8474 ROHM & HAAS COM 775371107 666 8450 SH SOLE 8450 ROYAL DUTCH SHELL PLC CL AADR COM 780259206 1177 26578 SH SOLE 26578 SANSWIRE CORP COM COM 0 14000 SH SOLE 14000 SARA LEE CORP COM 803111103 231 28629 SH SOLE 28629 SCHLUMBERGER LTD ISIN#AN806857 COM 806857108 265 6547 SH SOLE 6547 SCHWAB CHARLES CP NEW COM COM 808513105 415 26823 SH SOLE 26823 SEI INVESTMENTS CO COM COM 784117103 3040 249047 SH SOLE 249047 SHERWIN WILLIAMS CO COM 824348106 200 3850 SH SOLE 3850 SOURCE CAP INC COM 836144105 2909 102461 SH SOLE 102461 SPRINT NEXTEL CORP COM FON COM 852061100 53 15005 SH SOLE 15005 ST JUDE MEDICAL INC COM 790849103 679 18705 SH SOLE 18705 STAPLES INC COM 855030102 4084 225522 SH SOLE 225522 STATE STREET CORP COM 857477103 397 12900 SH SOLE 12900 STERICYCLE INC COM 858912108 1053 22075 SH SOLE 22075 SURETY CAPITAL CORP-NEW COM 868666207 0 16600 SH SOLE 16600 SYSCO CORP COM 871829107 1880 82490 SH SOLE 82490 TARGET CORP COM COM 87612e106 1903 55350 SH SOLE 55350 TEXAS INSTRUMENTS INC COM 882508104 1114 67500 SH SOLE 67500 THERMO FISHER SCIENTIFICINC COM 883556102 1039 29148 SH SOLE 29148 TIME WARNER INC NEW COMNEW COM 887317303 212 11032 SH SOLE 11032 UCBH HLDGS INC COM 90262t308 244 162175 SH SOLE 162175 UNITED TECHS CORP COM COM 913017109 4758 110704 SH SOLE 110704 UNITEDHEALTH GROUP COM 91324p102 1016 48570 SH SOLE 48570 US BANCORP (NEW) COM 902973304 1592 109017 SH SOLE 109017 VERISIGN INC COM 92343e102 648 34376 SH SOLE 34376 VERIZON COMMUNICATIONS COM 92343v104 434 14395 SH SOLE 14395 WAL-MART STORES INC COM 931142103 463 8887 SH SOLE 8887 WALGREEN COMPANY COM 931422109 465 17950 SH SOLE 17950 WD 40 CO COM 929236107 547 22700 SH SOLE 22700 WELLS FARGO & CO NEW DEL COM 949746101 5684 399165 SH SOLE 399165 WESTERN UNION CO COM COM 959802109 184 14651 SH SOLE 14651 WINDSTREAMCORP COM COM 97381w104 100 12489 SH SOLE 12489 WING HANG BANK LTD SHS ISIN#HK COM Y9588K109 719 150000 SH SOLE 150000 WYETH COM 983024100 1668 38764 SH SOLE 38764 ZIMMER HLDGS INC COM 98956p102 1164 31916 SH SOLE 31916 BUCKEYE PARTNERS L.P LPUS 118230101 659 18500.000 SH SOLE 18500.000 CEDAR FAIR, L.P.DEP UNIT LPUS 150185106 318 34333.000 SH SOLE 34333.000 ENBRIDGE ENERGY PARTNERSLP LPUS 29250r106 275 9200.000 SH SOLE 9200.000 KINDER MORGAN ENERGY PARTNERSL LPUS 494550106 1558 33366.000 SH SOLE 33366.000 MAGNETIC PULSE INC PFD SER C PRD 558998951 12 12000 SH SOLE 12000 ISHARES TR DOW JONES US CONSUM 464287812 351 8567.5951 SH SOLE 8567.5951

ISHARES TR DOW JONES US CONSUM 464287580 280 7122.8766 SH SOLE 7122.8766 ISHARES TR DOW JONES US ENERGY 464287796 453 17889.2762 SH SOLE 17889.2762 ISHARES TR DOW JONES US HEALTH 464287762 733 14851.9952 SH SOLE 14851.9952 ISHARES TR DOW JONES US INDL S 464287754 621 17916.3982 SH SOLE 17916.3982 ISHARES TR DOW JONES USTECHNOL 464287721 995 26873.0761 SH SOLE 26873.0761 ISHARES TR MSCIEAFE INDEX FD 464287465 640 17048.0551 SH SOLE 17048.0551 ISHARES TR MSCIEMERGING MKTS I 464287234 254 10241.0095 SH SOLE 10241.0095 ISHARES TR NASDAQ BIOTECHNOLOG 464287556 704 10617.9855 SH SOLE 10617.9855 ISHARES TR RUSSELL 2000INDEX F 464287655 348 8276.9551 SH SOLE 8276.9551 ISHARES TR RUSSELL MIDCAPINDEX 464287499 497 9213.7403 SH SOLE 9213.7403 ISHARES TR S&P EUROPE350 INDEX 464287861 495 19370.0885 SH SOLE 19370.0885 ISHARES TR S&P GLOBALCLEAN ENE 464288224 306 17500.0000 SH SOLE 17500.0000 SECTOR SPDR TR SHS BENINT FINA 81369y605 593 67312.0735 SH SOLE 67312.0735 SPDR SER TR S&PBIOTECH ETF 78464a870 1539 32070.2200 SH SOLE 32070.2200 VANGUARD EMERGING MKTSVIPERS 922042858 2869 121799.6730 SH SOLE 121799.6730 VANGUARD INDEX FDS FORMERLYVAN 922908553 637 26274.1830 SH SOLE 26274.1830 VANGUARD INDEX FDS VANGUARDMID 922908629 2580 65408.9500 SH SOLE 65408.9500 VANGUARD INDEX FDS VANGUARDSMA 922908751 1342 36683.6800 SH SOLE 36683.6800 VANGUARD INTL EQUITY INDEXFD I 922042775 5850 208045.8940 SH SOLE 208045.8940 VANGUARD SECTOR INDEXFDS CONSU 92204a108 1412 46896.1400 SH SOLE 46896.1400 VANGUARD SECTOR INDEXFDS CONSU 92204a207 1924 37456.1820 SH SOLE 37456.1820 VANGUARD SECTOR INDEXFDS VANGU 92204a306 1880 31214.3290 SH SOLE 31214.3290 VANGUARD SECTOR INDEXFDS VANGU 92204a405 1666 88707.5450 SH SOLE 88707.5450 VANGUARD SECTOR INDEXFDS VANGU 92204a504 2503 59670.2200 SH SOLE 59670.2200 VANGUARD SECTOR INDEXFDS VANGU 92204a603 1731 51156.9850 SH SOLE 51156.9850 VANGUARD SECTOR INDEXFDS VANGU 92204a702 2657 75428.1600 SH SOLE 75428.1600 VANGUARD SECTOR INDEXFDS VANGU 92204a801 504 11477.2790 SH SOLE 11477.2790

Howe Barnes Capital Management, Inc. 13F-HR