13F-HR 1 dec2010.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, 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: 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 27, 2011 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: 43 Form 13F Information Table Value Total: $529,563(x 1000) List of Other Included Managers: None 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 Air Prod&Chem Inc. COM 9158106 $3,845 42,279 SH 42,279 Amdocs Ltd. COM G02602103 $8,971 326,564 SH 326,564 Apache Corp. COM 37411105 $8,529 71,536 SH 71,536 AT&T Inc. COM 00206R102 $21,558 733,760 SH 733,760 Baxter Int'l Inc. COM 71813109 $14,080 278,153 SH 278,153 Becton Dickinson & Co. COM 75887109 $12,029 142,323 SH 142,323 Best Buy Co. Inc. COM 86516101 $4,379 127,693 SH 127,693 Bristol-Myers Squibb Co. COM 110122108 $12,010 453,555 SH 453,555 Cal-Maine Foods Inc. COM 128030202 $7,164 226,856 SH 226,856 Chevron Corp. COM 166764100 $6,052 66,319 SH 66,319 Conagra Foods Inc. COM 205887102 $16,482 729,923 SH 729,923 ConocoPhillips COM 20825C104 $24,688 362,520 SH 362,520 Corning Inc. COM 219350105 $4,834 250,184 SH 250,184 CVS Caremark Corp. COM 126650100 $12,464 358,474 SH 358,474 Dell Inc. COM 24702R101 $19,188 1,416,089 SH 1,416,089 Devon Energy Corp COM 25179M103 $6,046 77,004 SH 77,004 Diamond Offshore Drilling COM 25271C102 $12,935 193,440 SH 193,440 Du Pont (E.I.) De Nemours COM 263534109 $10,678 214,081 SH 214,081 Ensco PLC - ADR COM 29358Q109 $15,371 287,945 SH 287,945 F.N.B. Corp. COM 302520101 $14,131 1,439,018 SH 1,439,018 GAP Inc. COM 364760108 $14,172 640,112 SH 640,112 Garmin Ltd. COM H2906T109 $8,363 269,846 SH 269,846 General Mills Inc. COM 370334104 $8,765 246,268 SH 246,268 Hubbell Inc. Cl B COM 443510201 $7,406 123,165 SH 123,165 Intel Corp. COM 458140100 $17,835 848,076 SH 848,076 Investment Tech. Group COM 46145F105 $18,257 1,115,255 SH 1,115,255 Kimberly-Clark Corp. COM 494368103 $17,368 275,508 SH 275,508 Kroger Co. COM 501044101 $15,950 713,325 SH 713,325 Medtronic Inc. COM 585055106 $23,901 644,413 SH 644,413 Microsoft Corp. COM 594918104 $21,094 755,505 SH 755,505 National Semiconductor Cp. COM 637640103 $18,935 1,376,108 SH 1,376,108 Nucor Corp. COM 670346105 $5,441 124,166 SH 124,166 PNC Financial Serv. Grp.. COM 693475105 $11,825 194,745 SH 194,745 Portland Gen. Electric Co. COM 736508847 $6,475 298,389 SH 298,389 PPL Corp. COM 69351T106 $14,608 555,028 SH 555,028 RadioShack Corp. COM 750438103 $4,430 239,582 SH 239,582 Reinsurance Grp of America COM 759351604 $13,982 260,326 SH 260,326 State Street Corp. COM 857477103 $10,411 224,672 SH 224,672 Teva Pharmaceutical - ADR COM 881624209 $16,974 325,602 SH 325,602 Tupperware Brands Corp. COM 899896104 $18,174 381,252 SH 381,252 Waste Management Inc. COM 94106L109 $4,452 120,742 SH 120,742 Wausau Paper Corp. COM 943315101 $4,798 557,308 SH 557,308 Wellpoint Inc. COM 94973V107 $10,515 184,925 SH 184,925