UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calender Year or Quarter Ending: March 31, 2013 Check here if Amendment: [ ]amendment Number: This Amendment: [ ] is a restatement [ ] adds new holdings entries Institutional Investment Manager Filing this Report: Name: Capital Directions Investment Advisory, LLC Address: The Pointe, Suite 220 400 Northridge Road Atlanta, Georgia 30350 13F File Number: 28-13057 The institutional investment manager filing this report and the person by whom it is signed represent that the person signing this 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 integralparts of this submission. Person signing this Report on Behalf of Reporting Manager: Name: Macora Furlong Title: Director of Operations Phone: 678-507-1460 Signature, Place, and Date of Signing: Macora Furlong Atlanta, Georgia 03/31/2013 Report Type: (Check one only) [X] 13F HOLDINGS REPORT (Check here if all holdings of this reporting manager are reported in this report) [ ] 13F NOTICE (Check here if no holdings reported are in this report, and all holdings are reported by other reporting managers) [ ] 13F COMBINATION REPORT (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting managers) List of Other Managers Reporting for this Manager: [If there are no entries in this listm omit this section] FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 65 Form 13F Information Table Value Total: 200,042 (Thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers wtih respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] No. Form 13F File Number Name 28-13057 [Repeat as necessary]. 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 Barclays Bank PLC COM 06740C188 1 52 sh sole 52 DJ Wilshire REIT 	 COM 78464A607 881 11353 sh sole 11353 IShares Barclays 1-3 COM 464287457 19 225 sh sole 225 IShares Core S&P COM 464287804 11 132 sh sole 132 IShares International REIT COM 78463X863 960 22332 sh sole 22332 IShares International Small COM 78463X871 296 9664 sh sole 9664 IShares MSCI ACWI Index COM 464288257 247 4872 sh sole 4872 IShares MSCI EAFE Index COM 464287465 42018 712418 sh sole 712418 IShares MSCI Emerging Markets COM 464287234 509 11910 sh sole 11910 IShares MSCI Japan Small Cap COM 464286582 70 1360 sh sole 1360 Ishares Russell 1000 Growth COM 464287614 2401 33640 sh sole 33640 IShares Russell 1000 Index COM 434287622 21 240 sh sole 240 Ishares Russell 1000 Value COM 464287598 2625 32338 sh sole 32338 IShares Russell 2000 COM 464287655 11051 117028 sh sole 117028 IShares Russell 2000 Growth COM 464287648 814 7561 sh sole 7561 IShares Russell 2000 Value COM 464287630 1028 12267 sh sole 12267 Ishares Russell 3000 Index COM 464287689 399 4271 sh sole 4271 Ishares Russell Mid Cap Growth COM 464287481 864 12367 sh sole 12367 IShares Russell Midcap COM 464287499 39 304 sh sole 304 Ishares Russell Midcap COM 464287473 500 8772 sh sole 8772 IShares S&P 500 Index COM 464287200 1154 7335 sh sole 7335 Ishares S&P MidCap 400 Barra COM 464287606 29276 229813 sh sole 229813 Ishares S&P MidCap 400 Index COM 464287507 99 864 sh sole 864 IShares S&P Midcap Value COM 464287705 94 933 sh sole 933 IShares S&P Nationsl Muni Bd COM 464288414 775 7037 sh sole 7037 Ishares Tr S&P Muni Fund COM 464288158 318 2992 sh sole 2992 IShares S&P Small Cap COM 464287879 26 285 sh sole 285 IShares Tr Cohen & Steer COM 449243104 79 955 sh sole 955 IShares Tr GS Investop COM 464287242 435 3720 sh sole 3720 Ishares Tr Lehiman Bd Fd COM 464287226 808 7294 sh sole 7294 IShares Tr Lehman TIPS COM 464287176 33 270 sh sole 270 SIhares Tr S&P 500 Value COM 464287408 537 7277 sh sole 7277 IShares TRUST COM 464288273 586 13322 sh sole 13322 IShares TRUST Dow Jones COM 464287168 28 436 sh sole 436 Nasdaq 100 Shares COM 631100104 71 1029 sh sole 1029 Proshares Unltra Financials COM 74347R743 8 100 sh sole 100 Proshares Ultra Silver COM 74347W841 11 300 sh sole 300 S&P Mid Cap 400 Dep Rcpts COM 595635103 8 37 sh sole 37 Schwab Emerging Markets Equity COM 808524706 12 961 sh sole 961 SChwab Intl Small Cap COM 808524888 103 3657 sh sole 3657 Schwab Intm US Trst COM 808524854 67 1243 sh sole 1243 Schwab Short Term US Tsy COM 808524862 60 1190 sh sole 1190 Schwab US Aggregate Bond COM 808524839 112 3896 sh sole 3896 Schwab US Broad Market COM 808524102 9 225 sh sole 225 Schwab US Large Cap COM 808524201 8 204 sh sole 204 Schwab US Large Cap Growth COM 808524300 393 11033 sh sole 11033 Schwab US Large Cap Value COM 808524409 417 12259 sh sole 12259 Schwab US Mid Cap COM 808524508 81 2554 sh sole 2554 Schwab US REIT COM 808524847 81 2476 sh sole 2476 Schwab US Small Cap COM 808524607 96 2237 sh sole 2237 Schwab US TIPS COM 808524870 15 255 sh sole 255 Spider Barclay Muni COM 78464A458 54 2265 sh sole 2265 Spider DJ Small Cap Growth COM 78464A201 29767 212095 sh sole 212095 Spider DJ Wilshire Large Cap COM 78464A409 69209 976387 sh sole 976387 Spider S&P 500 Value COM 78464A508 34 427 sh sole 427 Spider S&P 600 Small Cap COM 78464A300 76 880 sh sole 880 Spider Trust S&P 500 Index COM 78462F103 136 867 sh sole 867 Streettracks Gold Trust COM 863307104 31 238 sh sole 238 Vanguard Energy COM 92204A306 40 350 sh sole 350 Vanguard Intl Equity Index COM 922042775 73 1579 sh sole 1579 Vanguard Meg Cap 300 COM 921910873 32 590 sh sole 590 Vanguard Mid Cap COM 922908629 7 78 sh sole 78 Vanguard MSCI EAFE COM 921943858 18 501 sh sole 501 Vanguard Small Cap Value COM 922908611 7 87 sh sole 87 Vanguard FTSE Emerging Mkts COM 922042858 6 145 sh sole 145