13F-HR 1 d13fhr.txt HOLDINGS REPORT UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 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: Windward Investment Management, Inc. Address: 60 State Street Suite 3600 Boston, MA 02109 13F File Number: 28-11068 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 submission. Person Signing this Report on Behalf of Reporting Manager: Name: Denise Kampf Title: Director of Ops & Client Service Phone: 617-241-2207 Signature, Place, and Date of Signing: DENISE KAMPF BOSTON, MA April 14, 2009 -------------------------- ------------------------- ------------------------- Report Type (Check only one.): [X] 13F HOLDINGS REPORT. [_] 13F NOTICE. [_] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 60 Form 13F Information Table Value Total: 2069162 (thousands) List of Other Included Managers: NONE Form 13F Information Table

Column 81 Column 42 Column 53 Column 64 Column 75 ~~Voting Authority~~ Column 16 Column 27 Column 38 ~~Value SHRS or SH / PUT / Investment Other~~ --------------------------------------------------------------------------------------------------------------------------------- Name of ~~Issuer~~ Title of Value SHRS or SH/ PUT/ Investment Other Voting Authority Issuer Class CUSIP (x$1000) PRN Amt PRN CALL Discretion Managers Sole Shared ~~Non~~None -------------------------------- ---------------- --------- -------- ------- ---- ----- ---------- -------- ------- ------ ----------------- ~~Berkshire Hathaway Inc DEL CL B 084670207 225 70 SH Sole 70~~ Cintas Corp COM 172908105 ~~312~~332 13422 SH Sole 13422 Disney Walt Co COM DISNEY 254687106 ~~316~~253 13948 SH Sole 13948 Eaton Vance Corp COM NON VTG 278265103 ~~504~~548 24000 SH Sole 24000 Evergreen Solar Inc COM 30033R108 5235 16332 SH Sole 16332 General Electric Co COM 369604103 ~~922~~642 ~~56943~~63500 SH Sole ~~56943~~63500 General Mls Inc COM 370334104 ~~328~~270 ~~5400~~5410 SH Sole ~~5400~~5410 Home Depot Inc COM 437076102 ~~281~~288 12223 SH Sole 12223 International Business ~~Machs~~ COM 459200101 ~~343~~371 ~~4080~~3828 SH Sole ~~4080~~3828 Machs Inverness Medical ~~Innovations In~~ COM 46126P106 ~~521~~733 27535 SH Sole 27535 Innovations In Intel Corp COM 458140100 ~~743~~762 50707 SH Sole 50707 ~~Ishares Tr DJ US REAL EST 464287739 1417 38051 SH Sole 38051~~ Johnson & Johnson COM 478160104 ~~711~~648 ~~11888~~12312 SH Sole ~~11888~~12312 Coca Cola Co COM 191216100 ~~477~~463 10536 SH Sole 10536 Medco Health Solutions ~~Inc~~ COM 58405U102 ~~357~~344 ~~8522~~8332 SH Sole ~~8522~~8332 Inc Merck & Co Inc COM 589331107 ~~1093~~963 ~~35943~~35994 SH Sole ~~35943~~35994 Microsoft Corp COM 594918104 ~~1002~~971 ~~51547~~52850 SH Sole ~~51547~~52850 NOVELL INC COM 670006105 ~~402~~440 103275 SH Sole 103275 Pepsico Inc COM 713448108 ~~512~~489 ~~9350~~9490 SH Sole ~~9350~~9490 Procter & Gamble Co COM 742718109 ~~1646~~1233 ~~26631~~26187 SH Sole ~~26631~~26187 Royal Dutch Shell PLC SPONS ADR A 780259206 259 ~~4900~~5835 SH Sole ~~4900~~5835 Sigma Aldrich Corp COM 826552101 ~~439~~393 10400 SH Sole 10400 St Jude Med Inc COM 790849103 ~~419~~469 ~~12720~~12905 SH Sole ~~12720~~12905 SPDR Series Trust LEHMN INTL ETF 78464A516 ~~100175~~96551 ~~1841453~~1887599 SH Sole ~~1841453~~1887599 State Str Corp COM 857477103 ~~425~~333 10807 SH Sole 10807 Sonus Networks Inc COM 835916107 52 33084 SH Sole 33084 Sysco Corp COM 871829107 ~~1112~~1105 48470 SH Sole 48470 VERTEX PHARMACEUTICALS ~~INC~~ COM 92532F100 ~~1361~~1288 44815 SH Sole 44815 INC Wal Mart Stores Inc COM 931142103 2920 56036 SH Sole 56036 Exxon Mobil Corp COM 30231G102 3024 44400 SH Sole 44400

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