General Counsel

0001140361-17-000240.txt : 20170104 0001140361-17-000240.hdr.sgml : 20170104 20170104111450 ACCESSION NUMBER: 0001140361-17-000240 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20161231 FILED AS OF DATE: 20170104 DATE AS OF CHANGE: 20170104 EFFECTIVENESS DATE: 20170104 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PRIVATE ASSET MANAGEMENT INC CENTRAL INDEX KEY: 0001026200 IRS NUMBER: 330524568 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-03581 FILM NUMBER: 17503995 BUSINESS ADDRESS: STREET 1: 5348 CARROLL CANYON RD STREET 2: #200 CITY: SAN DIEGO STATE: CA ZIP: 92121 BUSINESS PHONE: 6197923800 MAIL ADDRESS: STREET 1: 5348 CARROLL CANYON RD STREET 2: #200 CITY: SAN DIEGO STATE: CA ZIP: 92121 13F-HR 1 primary_doc.xml 13F-HR LIVE false true false 0001026200 XXXXXXXX 12-31-2016 12-31-2016 PRIVATE ASSET MANAGEMENT INC

5348 CARROLL CANYON RD #200 SAN DIEGO CA 92121

13F HOLDINGS REPORT 028-03581 N Michael D. Berlin General Counsel 858-750-4209 /s/ Michael D. Berlin San Diego CA 01-03-2017 0 147 599383 false INFORMATION TABLE 2 form13fInfoTable.xml QUALCOMM INC COMMON STOCK 747525103 47088 722213 SH SOLE None 0 0 722213 GENERAL ELEC CO COMMON STOCK 369604103 24882 787405 SH SOLE None 0 0 787405 CHEVRON CORP COMMON STOCK 166764100 23067 195985 SH SOLE None 0 0 195985 BANK OF AMERICA CORP COMMON STOCK 060505104 19421 878776 SH SOLE None 0 0 878776 J P MORGAN CHASE & CO INC COMMON STOCK 46625H100 18830 218217 SH SOLE None 0 0 218217 EXXON MOBIL CORP COMMON STOCK 30231G102 18162 201224 SH SOLE None 0 0 201224 PFIZER INC COMMON STOCK 717081103 17554 540445 SH SOLE None 0 0 540445 JOHNSON & JOHNSON COMMON STOCK 478160104 16517 143366 SH SOLE None 0 0 143366 INTEL CORP COMMON STOCK 458140100 16114 444286 SH SOLE None 0 0 444286 MERCK & CO INC COMMON STOCK 58933Y105 14921 253451 SH SOLE None 0 0 253451 CITIGROUP INC COMMON STOCK 172967424 14807 249158 SH SOLE None 0 0 249158 HOME DEPOT INC COMMON STOCK 437076102 14319 106798 SH SOLE None 0 0 106798 AT&T INC COMMON STOCK 00206R102 13944 327866 SH SOLE None 0 0 327866 APPLE INC COMMON STOCK 037833100 12567 108506 SH SOLE None 0 0 108506 INTERNATIONAL BUS MACH COMMON STOCK 459200101 12297 74083 SH SOLE None 0 0 74083 UNITED TECHNOLOGIES CP COMMON STOCK 913017109 11234 102485 SH SOLE None 0 0 102485 BRISTOL MYERS SQUIBB COMMON STOCK 110122108 10563 180748 SH SOLE None 0 0 180748 VISA INC COMMON STOCK 92826C839 10511 134727 SH SOLE None 0 0 134727 MICRON TECHNOLOGY INC. COMMON STOCK 595112103 10354 472335 SH SOLE None 0 0 472335 WALT DISNEY COMPANY COMMON STOCK 254687106 10109 96994 SH SOLE None 0 0 96994 COLGATE-PALMOLIVE CO. COMMON STOCK 194162103 9776 149388 SH SOLE None 0 0 149388 WELLS FARGO COMPANY COMMON STOCK 949746101 9683 175710 SH SOLE None 0 0 175710 COSTCO WHOLESALE CORP COMMON STOCK 22160K105 9682 60470 SH SOLE None 0 0 60470 MICROSOFT CORP COMMON STOCK 594918104 9206 148153 SH SOLE None 0 0 148153 KINDER MORGAN INC COMMON STOCK 49456B101 9143 441498 SH SOLE None 0 0 441498 EMERSON ELEC CO COM COMMON STOCK 291011104 8486 152221 SH SOLE None 0 0 152221 GILEAD SCIENCES INC. COMMON STOCK 375558103 7936 110828 SH SOLE None 0 0 110828 NOVARTIS AG-ADR COMMON STOCK 66987V109 7342 100802 SH SOLE None 0 0 100802 ORACLE CORPORATION COMMON STOCK 68389X105 7246 188462 SH SOLE None 0 0 188462 STARBUCKS CORP COMMON STOCK 855244109 7211 129877 SH SOLE None 0 0 129877 PEPSICO INC COMMON STOCK 713448108 7097 67833 SH SOLE None 0 0 67833 PROCTER & GAMBLE CO COM COMMON STOCK 742718109 7002 83275 SH SOLE None 0 0 83275 PENTAIR PLC COMMON STOCK 709631105 6908 123196 SH SOLE None 0 0 123196 BP PLC-ADR COMMON STOCK 055622104 6783 181471 SH SOLE None 0 0 181471 EATON CORP PLC COMMON STOCK 086353296 6691 99725 SH SOLE None 0 0 99725 ALPHABET INC-CL C COMMON STOCK 02079K107 6278 8134 SH SOLE None 0 0 8134 SCHWAB VALUE ADVANTAGE MONEY F OTHER ASSETS 808515605 5291 5291261 SH SOLE None 0 0 5291261 PACWEST BANCORP COMMON STOCK 695263103 5231 96095 SH SOLE None 0 0 96095 CENTERPOINT ENERGY INC COMMON STOCK 15189T107 4841 196488 SH SOLE None 0 0 196488 SOUTHERN CO COMMON STOCK 842587107 4498 91450 SH SOLE None 0 0 91450 OCCIDENTAL PETE CP DEL COMMON STOCK 674599105 4359 61195 SH SOLE None 0 0 61195 BERKSHIRE HATHAWAY INC. - CL B COMMON STOCK 084670702 4325 26540 SH SOLE None 0 0 26540 XYLEM INC COMMON STOCK 98419M100 4325 87348 SH SOLE None 0 0 87348 FLUOR CORP COMMON STOCK 343412102 4303 81930 SH SOLE None 0 0 81930 ITRON INC COMMON STOCK 465741106 4115 65480 SH SOLE None 0 0 65480 TEVA PHARMACEUTICAL ADR COMMON STOCK 881624209 4109 113348 SH SOLE None 0 0 113348 CISCO SYS INC COMMON STOCK 17275R102 3998 132296 SH SOLE None 0 0 132296 FREEPORT-MCMORAN INC COMMON STOCK 35671D857 3675 278624 SH SOLE None 0 0 278624 ALLSTATE CORP COMMON STOCK 020002101 3124 42147 SH SOLE None 0 0 42147 WELLTOWER INC COMMON STOCK 95040Q104 3104 46380 SH SOLE None 0 0 46380 TRANSOCEAN INC COMMON STOCK 050546683 2879 195300 SH SOLE None 0 0 195300 REALTY INCOME CORP COMMON STOCK 756109104 2722 47349 SH SOLE None 0 0 47349 AMAZON.COM INC COMMON STOCK 023135106 2629 3506 SH SOLE None 0 0 3506 AUTODESK COMMON STOCK 052769106 2368 31995 SH SOLE None 0 0 31995 AMERICAN ASSETS TRUST CLOSED END EQUITY FUNDS 024013104 2266 52602 SH SOLE None 0 0 52602 ALIBABA GROUP HOLDING LTD COMMON STOCK 01609W102 2244 25558 SH SOLE None 0 0 25558 DUKE ENERGY CORP COMMON STOCK 26441C204 2223 28637 SH SOLE None 0 0 28637 BERKSHIRE HATHAWAY INC (1/100 COMMON STOCK 008499017 2197 900 SH SOLE None 0 0 900 UNION PACIFIC CORP COMMON STOCK 907818108 2192 21138 SH SOLE None 0 0 21138 SUPERIOR ENERGY SERVICES INC COMMON STOCK 868157108 2165 128271 SH SOLE None 0 0 128271 CHINA MOBILE HD ADR F COMMON STOCK 16941M109 2004 38225 SH SOLE None 0 0 38225 UNDER ARMOUR INC CL C COMMON STOCK 904311206 1994 79203 SH SOLE None 0 0 79203 ALPHABET INC-CL A COMMON STOCK 02079K305 1903 2402 SH SOLE None 0 0 2402 EXPRESS SCRIPTS HOLDING CO COMMON STOCK 30219G108 1747 25390 SH SOLE None 0 0 25390 SCHWAB GOVT MONEY FUND OTHER ASSETS 808515613 1623 1622885 SH SOLE None 0 0 1622885 VERIZON COMMUNICATIONS COMMON STOCK 92343V104 1479 27715 SH SOLE None 0 0 27715 DIAGEO PLC NEW- SPON ADR COMMON STOCK 25243Q205 1479 14226 SH SOLE None 0 0 14226 PHILIP MORRIS INTL COMMON STOCK 718172109 1473 16098 SH SOLE None 0 0 16098 JP MORGAN PFD 5.45 SER P PREFERRED STOCK 46637G124 1359 55150 SH SOLE None 0 0 55150 BLACKROCK INC COMMON STOCK 09247X101 1310 3443 SH SOLE None 0 0 3443 DOW CHEM CO COMMON STOCK 260543103 1255 21931 SH SOLE None 0 0 21931 AMERICAN EXPRESS CO COMMON STOCK 025816109 1222 16500 SH SOLE None 0 0 16500 PANERA BREAD COMPANY -CL A COMMON STOCK 69840W108 1211 5905 SH SOLE None 0 0 5905 UNDER ARMOUR INC CL A COMMON STOCK 904311107 1177 40530 SH SOLE None 0 0 40530 DB CAP TRUST III 7.6 PFD PREFERRED STOCK 25150L108 1158 46400 SH SOLE None 0 0 46400 SEMPRA ENERGY COMMON STOCK 816851109 1121 11138 SH SOLE None 0 0 11138 ROYAL DUTCH SHEL ADR A COMMON STOCK 780259206 1120 20592 SH SOLE None 0 0 20592 DEVON ENERGY CORPORATION COMMON STOCK 25179M103 1024 22425 SH SOLE None 0 0 22425 STRYKER CORP COMMON STOCK 863667101 1006 8400 SH SOLE None 0 0 8400 BARCLAYS BK PLC PFD 7.1 PREFERRED STOCK 06739H776 997 39300 SH SOLE None 0 0 39300 ILLUMINA INC COMMON STOCK 452327109 943 7367 SH SOLE None 0 0 7367 ABBVIE INC COMMON STOCK 00287Y109 880 14056 SH SOLE None 0 0 14056 RETAIL PROPERTIES OF AMERICA I COMMON STOCK 76131V202 823 53694 SH SOLE None 0 0 53694 P G & E CORPORATION COMMON STOCK 69331C108 703 11575 SH SOLE None 0 0 11575 ADAMAS PHARMACEUTICALS INC COMMON STOCK 00548A106 659 39000 SH SOLE None 0 0 39000 SCHWAB CA MUNI MONEY FD OTHER ASSETS 808508204 637 636773 SH SOLE None 0 0 636773 BARCLAYS BK 8.125 PFD PREFERRED STOCK 06739H362 621 24300 SH SOLE None 0 0 24300 CARNIVAL CORP CL A COMMON STOCK 143658300 599 11500 SH SOLE None 0 0 11500 SOUTHWEST GAS CORP. COMMON STOCK 844895102 598 7800 SH SOLE None 0 0 7800 NESTLE S A COMMON STOCK 641069406 596 8307 SH SOLE None 0 0 8307 HONEYWELL INTL INC COMMON STOCK 438516106 588 5075 SH SOLE None 0 0 5075 EDISON INTERNATIONAL COMMON STOCK 281020107 582 8083 SH SOLE None 0 0 8083 ALTRIA GROUP INC COMMON STOCK 02209S103 581 8591 SH SOLE None 0 0 8591 NEW YORK COMMUNITY BANK COMMON STOCK 649445103 571 35900 SH SOLE None 0 0 35900 MCDONALDS CORP COMMON STOCK 580135101 529 4350 SH SOLE None 0 0 4350 NIKE INC - CL B COMMON STOCK 654106103 514 10107 SH SOLE None 0 0 10107 CONOCOPHILLIPS COMMON STOCK 20825C104 504 10046 SH SOLE None 0 0 10046 SALESFORCE.COM INC COMMON STOCK 79466L302 478 6985 SH SOLE None 0 0 6985 AIR PRODS & CHEMS INC COMMON STOCK 009158106 475 3300 SH SOLE None 0 0 3300 ABBOTT LABS COMMON STOCK 002824100 472 12278 SH SOLE None 0 0 12278 COCA COLA CO COMMON STOCK 191216100 468 11297 SH SOLE None 0 0 11297 SCHLUMBERGER LTD COMMON STOCK 806857108 463 5512 SH SOLE None 0 0 5512 LOWE'S COMPANIES COMMON STOCK 548661107 423 5949 SH SOLE None 0 0 5949 SCHWAB TREASURY VALUE ADV MONE OTHER ASSETS 808515621 400 399802 SH SOLE None 0 0 399802 EQT CORP COMMON STOCK 26884L109 393 6008 SH SOLE None 0 0 6008 VALE SA COMMON STOCK 91912E105 386 50700 SH SOLE None 0 0 50700 3M COMPANY COMMON STOCK 88579Y101 382 2138 SH SOLE None 0 0 2138 SCHWAB VALUE ADVANTAGE MONEY F OTHER ASSETS 808515761 360 360000 SH SOLE None 0 0 360000 PUBLIC STORAGE INC. COMMON STOCK 74460D109 353 1580 SH SOLE None 0 0 1580 NXP SEMICONDUCTORS NV COMMON STOCK N6596X109 347 3540 SH SOLE None 0 0 3540 KB HOME COMMON STOCK 48666K109 324 20475 SH SOLE None 0 0 20475 TORONTO-DOMINION BANK COMMON STOCK 891160509 322 6524 SH SOLE None 0 0 6524 AMERIPRISE FINANCIAL INC. COMMON STOCK 03076C106 321 2890 SH SOLE None 0 0 2890 VF CORP COMMON STOCK 918204108 319 5971 SH SOLE None 0 0 5971 JM SMUCKER CO/THE-NEW COM COMMON STOCK 832696405 318 2483 SH SOLE None 0 0 2483 PUBLIC SVC ENTERPRISE COMMON STOCK 744573106 316 7197 SH SOLE None 0 0 7197 PHILLIPS 66 COMMON STOCK 718546104 314 3631 SH SOLE None 0 0 3631 FLOW INTL CORP COMMON STOCK 78469X107 303 9452 SH SOLE None 0 0 9452 ILLINOIS TOOL WORKS COMMON STOCK 452308109 301 2455 SH SOLE None 0 0 2455 ENTERPRISE PRD PARTNERS LP COMMON STOCK 293792107 299 11054 SH SOLE None 0 0 11054 CATERPILLAR INC COMMON STOCK 149123101 285 3075 SH SOLE None 0 0 3075 KIMCO REALTY CORP COMMON STOCK 49446R109 280 11138 SH SOLE None 0 0 11138 MCKESSON CORPORATION COMMON STOCK 58155Q103 276 1968 SH SOLE None 0 0 1968 REALTY INCOME CORP 6.625 SER PREFERRED STOCK 756109807 267 10600 SH SOLE None 0 0 10600 MONDELEZ INTERNATIONAL INC COMMON STOCK 609207105 254 5725 SH SOLE None 0 0 5725 MAGELLAN MIDSTREAM PARTNERS LP COMMON STOCK 559080106 252 3338 SH SOLE None 0 0 3338 KIMBERLY-CLARK CORP COMMON STOCK 494368103 251 2199 SH SOLE None 0 0 2199 PLAINS ALL AMER PIPELINE LP COMMON STOCK 726503105 251 7770 SH SOLE None 0 0 7770 AMGEN INC COMMON STOCK 031162100 241 1649 SH SOLE None 0 0 1649 DOMINION RES INC VA COMMON STOCK 25746U109 240 3140 SH SOLE None 0 0 3140 SUNTRUST BANKS INC COMMON STOCK 867914103 235 4292 SH SOLE None 0 0 4292 WELLS FARGO 5.2 PFD PREFERRED STOCK 949746747 227 9800 SH SOLE None 0 0 9800 MARATHON PETROLEUM CORP COMMON STOCK 56585A102 226 4488 SH SOLE None 0 0 4488 SPX CORP COMMON STOCK 784635104 224 9452 SH SOLE None 0 0 9452 NORTHRUP GRUMMAN CORP COMMON STOCK 666807102 219 942 SH SOLE None 0 0 942 ASHLAND INC. COMMON STOCK 044186104 219 2000 SH SOLE None 0 0 2000 NEXTERA ENERGY INC COMMON STOCK 65339F101 217 1818 SH SOLE None 0 0 1818 CELGENE CORP COMMON STOCK 151020104 205 1775 SH SOLE None 0 0 1775 COMCAST CORP CL A COMMON STOCK 20030N101 204 2954 SH SOLE None 0 0 2954 FARMERS & MERCHANTS BANK COMMON STOCK 308243104 204 30 SH SOLE None 0 0 30 3D SYSTEMS CORP COMMON STOCK 88554D205 191 14400 SH SOLE None 0 0 14400 ITERIS INC COMMON STOCK 46564T107 163 44789 SH SOLE None 0 0 44789 SEADRILL LTD COMMON STOCK 022416162 102 30000 SH SOLE None 0 0 30000 DREYFUS STRATEGIC MUNI BOND FU CLOSED END INCOME FUNDS NON-TAXABLE 26202F107 97 12100 SH SOLE None 0 0 12100 UBIQUITY INC COMMON STOCK 90350A104 10 45550 SH SOLE None 0 0 45550 E DIGITAL CORP COMMON STOCK 26841Y103 2 46811 SH SOLE None 0 0 46811 BIO-MATRIX SCIENTIFIC GROUP COMMON STOCK 09065C106 0 12500 SH SOLE None 0 0 12500