13F-HR 1 dec2008.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: December 31, 2008 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: Foyston, Gordon & Payne Inc. Address: 1 Adelaide Street East, Suite 2600, Toronto, Ontario, Canada, M5C 2V9 13F File Number: The institutional investment manager filing this report and the person by whom it is signed hereby represents 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: Drew Curry Title: Compliance Officer Phone: 416-362-4725 Signature, Place and Date of Signing: Drew Curry, Toronto, Ontario, January 15, 2009 Report Type (Check only one): [x] 13F Holdings Report [ ] 13F Notice [ ] 13F Combination Report List of other managers reporting for this manager: I am signing this report as required by the Securities Exchange Act of 1934. FORM 13F SUMMARY PAGE Report Summary: Number of Other included Managers: 0 Form 13F Information Table Entry Total: 38 Form 13F Information Table Value Total: $315,054(x 1000) List of Other Included Managers: No. 13F File Number Name FORM 13F INFORMATION TABLE TITLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE 3M Co. COM 88579Y101 $30,563 447,409 SH Sole 447,409 3M Co. COM 88579Y101 $ 3,598 62,530 SH Sole 62,530 Aflac Inc. COM 1055102 $ 6,620 144,410 SH Sole 144,410 Air Products & Chem COM 9158106 $11,770 234,141 SH Sole 234,141 Alliancebernstein Hld. COM 01881G106 $ 8,555 411,519 SH Sole 411,519 Amdocs LTD COM 2256908 $ 4,005 218,983 SH Sole 218,983 Apache Corp COM 37411105 $ 8,815 118,277 SH Sole 118,277 Archer-Daniels-Midland COM 39483102 $ 3,879 134,559 SH Sole 134,559 Bank of America Corp. COM 60505104 $ 5,282 375,107 SH Sole 375,107 Cardinal Health Inc. COM 14149Y108 $12,793 371,120 SH Sole 371,120 Chevron Corp. COM 166764100 $ 5,615 75,906 SH Sole 75,906 Comcast Corp CL A COM 20030N101 $18,214 1,079,035 SH Sole 1,079,035 Corning Inc COM 219350105 $13,389 1,404,971 SH Sole 1,404,971 Cox Radio Inc-Cl A COM 224051102 $ 3,402 566,072 SH Sole 566,072 Du Pont(E.I.)De Nemours COM 263534109 $17,781 702,796 SH Sole 702,796 Duke Energy Corporation COM 26441C105 $17,069 1,137,142 SH Sole 1,137,142 Eaton Corp COM 278058102 $13,953 280,695 SH Sole 280,695 Exelon Corp COM 30161N101 $10,989 197,604 SH Sole 197,604 Freeport-Mcmoran Copper COM 35671D857 $ 4,933 201,847 SH Sole 201,847 General Electric Co. COM 369604103 $15,038 928,297 SH Sole 928,297 Home Depot Inc COM 437076102 $13,172 572,201 SH Sole 572,201 Hubbell Inc. Cl B COM 443510201 $ 3,154 96,505 SH Sole 96,505 Int'l Flavors & Frag. COM 459506101 $ 4,442 149,460 SH Sole 149,460 Intel Corp. COM 458140100 $ 9,222 629,040 SH Sole 629,040 Johnson Controls Inc COM 478366107 $ 4,860 267,622 SH Sole 267,622 KLA-Tencor Corporation COM 482480100 $ 3,700 169,790 SH Sole 169,790 Kimberly-Clark Corp. COM 494368103 $ 3,984 75,545 SH Sole 75,545 Manpower Inc. COM 56418H100 $ 4,735 139,295 SH Sole 139,295 Merck & Company Inc. COM 589331107 $10,158 334,129 SH Sole 334,129 Moody's Corp COM 615369105 $ 4,364 217,217 SH Sole 217,217 Nabors Industries Ltd COM 2963372 $ 7,336 612,854 SH Sole 612,854 Precision Castparts COM 740189105 $ 7,349 123,560 SH Sole 123,560 Progressive Corp COM 743315103 $ 5,631 380,220 SH Sole 380,220 Timberland Co. Cl A COM 887100105 $ 3,573 309,390 SH Sole 309,390 Valero Energy Corp COM 91913Y100 $ 6,272 289,841 SH Sole 289,841 Viacom Inc Cl B COM 92553P201 $ 6,835 358,625 SH Sole 358,625 Weatherford Intl Ltd. COM 2962421 $ 5,831 538,874 SH Sole 538,874 Wellpoint Inc. COM 94973V107 $14,200 337,058 SH Sole 337,058 Wyeth COM 983024100 $10,536 280,883 SH Sole 280,883