-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, QduI8pkDRXwsow9ubWHAcI+xRBz518Z4OW6uVTEQKMcGcyYcYXxi0IkO5KV559jR y0bUeNtgBFNx7KlCP1J2/Q== 0001054830-08-000002.txt : 20080514 0001054830-08-000002.hdr.sgml : 20080514 20080514165827 ACCESSION NUMBER: 0001054830-08-000002 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080331 FILED AS OF DATE: 20080514 DATE AS OF CHANGE: 20080514 EFFECTIVENESS DATE: 20080514 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SALUS CAPITAL MANAGEMENT INC CENTRAL INDEX KEY: 0001054830 IRS NUMBER: 954418139 STATE OF INCORPORATION: CA FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-06678 FILM NUMBER: 08832532 BUSINESS ADDRESS: STREET 1: 500 SOUTH GRAND AVE STREET 2: SUITE 1680 CITY: LOS ANGLES STATE: CA ZIP: 90071 BUSINESS PHONE: 2136242800 MAIL ADDRESS: STREET 1: 500 S. GRAND AVENUE STREET 2: SUITE 1680 CITY: LOS ANGELES STATE: CA ZIP: 90071 13F-HR 1 firstq0813f.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F-HR Form 13F COVER PAGE Report for the Calendar Year of Quarter Ended: March 31, 2007 ---------------------------- 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: Salus Capital Management, Inc. Address: 500 South Grand Avenue, Suite 1680 Los Angeles, CA 90071 Form 13F File Number: 28-06678 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 form. Person Signing this Report on Behalf of Reporting Manager: Name: Tony S. Kim Title: Director of Operations Phone: (213) 624-2800 Signature, Place, and Date of Signing: /s/ Tony S. Kim Los Angeles, CA May 14, 2008 ------------------ --------------------- ---------------- [Signature] [City, State] [Date] Report Type (Check only one.): [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 manager(s).) [ ] 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 manager(s).) Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 196 Form 13F Information Table Value Total: $310,071 (thousands) List of Other Included Managers: {None} Name of Issuer TitleCUSIP NumFair MarketShares (a)(a) Sol AEROPOSTALE INC. Com 007865108 1303313.25 48075 X 48075 AFFILIATED MANAGERS GROUP Com 008252108 1247221.30 13745 X 13745 AFLAC INC. Com 001055102 4542992.70 69946 X 69946 AGCO CORP Com 001084102 1370413.68 22886 X 22886 AK STEEL HLDG Com 001547108 1932399.78 35509 X 35509 ALLIANT ENERGY CORP. Com 018802108 1966546.71 56171 X 56171 ALLIED WASTE INDUSTRIES INC. Com 019589308 1059217.85 97985 X 97985 AMER. ELEC PWR Com 025537101 4705314.01 113027 X 113027 AMERICAN FINANCIAL GROUP INC. Com 025932104 1938010.32 75822 X 75822 AMERIPRISE FINANCIAL INC. Com 03076C106 2088258.75 40275 X 40275 AMERITRADE HOLDING CORP. Com 87236Y108 632630.18 38318 X 38318 APOLLO INVESTMENT CORP. Com 03761U106 36440.66 2302 X 2302 APPLIED MATERIALS Com 038222105 21890.22 1122 X 1122 ARROW ELECTRONICS Com 042735100 22545.50 670 X 670 ARTHUR J. GALLAGHER & CO. Com 363576109 18305.50 775 X 775 ATMOS ENERGY Com 049560105 1152753.00 45206 X 45206 AUTOZONE INC. Com 053332102 3040626.96 26712 X 26712 AVNET, INC. Com 053807103 24711.15 755 X 755 BANK OF NEW YORK MELLON CORP. Com 064058100 2627779.83 62971 X 62971 BANKAMERICA Com 060505104 8757.21 231 X 231 BAXTER INT'L Com 071813109 3817045.12 66016 X 66016 BECTON DICK'SON Com 075887109 10044.45 117 X 117 BEST BUY CO. Com 086516101 847027.80 20430 X 20430 BIG LOTS INC. Com 089302103 1188590.00 53300 X 53300 BJ'S WHOLESALE CLUB INC Com 05548J106 2522426.44 70676 X 70676 BOEING Com 097023105 8924.40 120 X 120 BURGER KING HOLDINGS INC. Com 121208201 943427.28 34108 X 34108 BURLINGTON NRTH Com 12189T104 4013137.74 43517 X 43517 C.H. ROBINSON WORLDWIDE INC. Com 12541W209 1375123.20 25278 X 25278 CELANESE CORP. Com 150870103 614920.35 15747 X 15747 CENTERPOINT ENERGY INC Com 15189T107 1550977.76 108688 X 108688 CHEMTURA CORP Com 163893100 597879.70 81455 X 81455 CHIQUITA BRANDS Com 170032809 1182677.36 51176 X 51176 CHUBB CORP. Com 171232101 12963.76 262 X 262 CHURCH & DWIGHT Com 171340102 1416477.60 26115 X 26115 CIMAREX ENERGY CO. Com 171798101 1652764.82 30193 X 30193 CISCO SYSTEMS Com 17275R102 1656572.94 68766 X 68766 CLOROX CO. Com 189054109 2360018.88 41667 X 41667 COCA-COLA ENTRP Com 191219104 3396566.80 140354 X 140354 COLGATE-PALMOLV Com 194162103 3968891.22 50942 X 50942 COLONIAL BANCGROUP INC Com 195493309 838301.13 87051 X 87051 COMMSCOPE INC. Com 203372107 1061548.74 30478 X 30478 CONOCOPHILLIPS Com 20825C104 3061508.12 40172 X 40172 COOPER INDS. Com G24182100 1444757.60 35984 X 35984 COVANTA HOLDING CORP. Com 22282E102 976855.00 35522 X 35522 COVENTRY HEALTH CARE, INC. Com 222862104 497394.45 12327 X 12327 CSX CORP. Com 126408103 3925348.56 70008 X 70008 CYTEC INDUSTRIES INC. Com 232820100 1089708.60 20236 X 20236 DANAHER CORP. Com 235851102 16346.45 215 X 215 DEVON ENERGY CORPORATION Com 25179M103 14710.53 141 X 141 DEVRY INC Com 251893103 1310303.28 31317 X 31317 DIAMOND OFFSHORE DRILLING, INC. Com 25271C102 3637383.60 31249 X 31249 DIRECTV GROUP INC Com 25459L106 3519585.04 141976 X 141976 DISNEY (WALT) Com 254687106 2802296.76 89302 X 89302 DOLLAR TREE INC. Com 256747106 1911076.53 69267 X 69267 DOVER CORP. Com 260003108 3885.54 93 X 93 DPL INC. Com 233293109 1371406.68 53487 X 53487 DREAMWORKS ANIMATION SKG, INC. Com 26153C103 1332903.34 51703 X 51703 DST SYSTEMS, INC. Com 233326107 3334727.24 50726 X 50726 DTE CORP Com 233331107 5155763.97 132573 X 132573 DUKE ENERGY CORP Com 26441C105 4267542.30 239078 X 239078 EAST WEST BANCORP Com 27579R104 432691.75 24377 X 24377 EATON VANCE CORP. Com 278265103 729799.20 23920 X 23920 EBAY INC. Com 278642103 10085.92 338 X 338 ECHOSTAR COMMUNICATIONS CORP Com 25470M109 1540157.84 53608 X 53608 EDISON INTERNATIONAL Com 281020107 6443973.12 131456 X 131456 EL PASO CORP Com 28336L109 796706.56 47879 X 47879 ELECTRONIC DATA SYSTEMS CORP Com 285661104 11738.25 705 X 705 EMC CORP. Com 268648102 15874.38 1107 X 1107 EMCOR GROUP, INC. Com 29084Q100 922003.73 41513 X 41513 ENDO PHARMACEUTICALS HOLDINGS Com 29264F205 1193744.16 49864 X 49864 ENERGIZER HOLDINGS INC. Com 29266R108 1047758.40 11580 X 11580 ENSCO INTERNATIONAL INC. Com 26874Q100 2816084.02 44971 X 44971 ESTEE LAUDER COMPANIES-CL A "A" 518439104 1954998.15 42639 X 42639 EVEREST RE GROUP LTD. Com G3223R108 11549.37 129 X 129 EXPRESS SCRIPTS, INC. Com 302182100 1719788.16 26738 X 26738 FEDERATED INVESTORS INC-CL B "B" 314211103 1500728.68 38323 X 38323 FLOWSERVE CORPORATION Com 34354P105 1608287.04 15408 X 15408 FLUOR CORP. Com 343412102 1653124.76 11711 X 11711 FORD MOTOR Com 345370860 728968.24 127442 X 127442 FPL GROUP Com 302571104 6131831.16 97734 X 97734 FRANKLIN RES Com 354613101 3023275.29 31171 X 31171 FRESH DEL MONTE PRODUCE INC. Com G36738105 1384401.20 38033 X 38033 GAP (THE), INC. Com 364760108 1288941.60 65495 X 65495 GARDNER DENVER INC. Com 365558105 672363.30 18123 X 18123 GEN'L DYNAMICS Com 369550108 2634575.37 31601 X 31601 GEN'L MILLS Com 370334104 11736.48 196 X 196 GENWORTH FINANCIAL INC. Com 37247D106 1191565.84 52631 X 52631 GOLDMAN SACHS GROUP, INC. Com 38141G104 6615.60 40 X 40 H.B. FULLER CO. Com 359694106 977639.00 47900 X 47900 HALLIBURTON CO. Com 406216101 10933.74 278 X 278 HANSEN NATURAL CORPORATION Com 411310105 6601.10 187 X 187 HASBRO, INC. Com 418056107 1706643.00 61170 X 61170 HCC INSURANCE HOLDINGS INC. Com 404132102 1765191.24 77796 X 77796 HELIX ENERGY SOLUTIONS GROUP Com 42330P107 959332.50 30455 X 30455 HERSHEY FOODS Com 427866108 4988826.45 132435 X 132435 HEWLETT-PACKARD CO Com 428236103 2534175.66 55501 X 55501 HONEYWELL INTERNATIONAL, INC. Com 438516106 3583234.20 63510 X 63510 HORMEL (GEO.A.) Com 440452100 2618914.24 62864 X 62864 INT'L BUS MACH Com 459200101 6324870.48 54932 X 54932 INTEL CORP. Com 458140100 14614.20 690 X 690 INTERPUBLIC GRP Com 460690100 859905.68 102248 X 102248 INVITROGEN CORP. Com 46185R100 14700.84 172 X 172 ITT CORP. Com 450911102 4559.28 88 X 88 J.M. SMUCKER COMPANY Com 832696405 702314.97 13877 X 13877 JP MORGAN CHASE & CO. Com 46625H100 3436.00 80 X 80 KINETIC CONCEPTS INC. Com 49460W208 1259212.74 27238 X 27238 KING PHARMACEUTICALS INC Com 495582108 859412.10 98783 X 98783 KIRBY CORP. Com 497266106 1943244.00 34092 X 34092 KROGER CO. Com 501044101 6045.20 238 X 238 LAZARD LTD. Com G54050102 1477843.40 38687 X 38687 LIBERTY MEDIA CORP-CAP SER A "A" 53071M302 445630.88 28312 X 28312 LIBERTY MEDIA CORP-ENTERTAINMENT Com 53071M500 2563934.72 113248 X 113248 LINCARE HOLDINGS INC Com 532791100 12649.50 450 X 450 LONGS DRUG STS Com 543162101 837905.64 19734 X 19734 LUBRIZOL CORP. Com 549271104 1522306.24 27424 X 27424 MANITOWOC COMPANY INC. Com 563571108 1446074.40 35443 X 35443 MANPOWER INC. Com 56418H100 939992.08 16708 X 16708 MASSEY ENERGY COMPANY Com 576206106 1527379.00 41846 X 41846 MCDONALD'S CORP Com 580135101 4645752.54 83302 X 83302 MEDCO HEALTH SOLUTIONS Com 58405U102 2570385.42 58698 X 58698 MERCK & CO. Com 589331107 2656.50 70 X 70 MICROSOFT CORP. Com 594918104 2510608.32 88464 X 88464 MONSANTO COMPANY Com 61166W101 1508037.50 13525 X 13525 MORGAN STANLEY Com 617446448 10556.70 231 X 231 MURPHY OIL CORP Com 626717102 1137392.58 13847 X 13847 NASDAQ STOCK MARKET INC. Com 631103108 962865.96 24906 X 24906 NATIONAL OILWELL VARCO INC. Com 637071101 2325742.44 39838 X 39838 NEWS CORPORATION Com 65248E104 2240962.50 119518 X 119518 NIKE, INC. 'B' "B" 654106103 5032.00 74 X 74 NISOURCE INC. Com 65473P105 1551703.44 90006 X 90006 NOBLE ENERGY INC. Com 655044105 3408860.00 46825 X 46825 NORTHERN TRUST Com 665859104 2180880.70 32810 X 32810 OMNICOM GROUP Com 681919106 2897854.56 65592 X 65592 ONEOK INC. Com 682680103 1827866.28 40956 X 40956 ORACLE SYSTEMS Com 68389X105 2584814.88 132148 X 132148 OSHKOSH CORP. Com 688239201 4571.28 126 X 126 OWENS-ILLINOIS INC Com 690768403 1859650.65 32955 X 32955 PATTERSON DENTAL COMPANY Com 703395103 1266180.30 34881 X 34881 PEDIATRIX MEDICAL GROUP INC. Com 705324101 1556063.80 23087 X 23087 PENNEY (J.C.) Com 708160106 3431.61 91 X 91 PEPSI BOTTLING GROUP, INC. Com 713409100 2335381.70 68870 X 68870 PERRIGO CO. Com 714290103 1696567.18 44966 X 44966 PFIZER, INC. Com 717081103 2908683.96 138972 X 138972 PPL CORP Com 69351T106 4630710.56 100843 X 100843 PRECISION CASTPARTS CORP. Com 740189105 1196990.08 11726 X 11726 PRIDE INTERNATIONAL INC. Com 74153Q102 1815163.20 51936 X 51936 PROCTER&GAMBLE Com 742718109 5110415.31 72933 X 72933 PROTECTIVE LIFE CORP. Com 743674103 1150606.08 28368 X 28368 QWEST COMMUNICATIONS INT'L INC. Com 749121109 594349.59 131203 X 131203 RALCORP HOLDINGS INC. Com 751028101 1562083.45 26863 X 26863 RAYTHEON CO. Com 755111507 22290.45 345 X 345 RELIANT ENERGY INC. Com 75952B105 2107333.25 89105 X 89105 REPUBLIC SERVICES INC Com 760759100 1353519.60 46290 X 46290 ROPER INDUSTRIES INC. Com 776696106 872341.44 14676 X 14676 ROWAN COMPANIES Com 779382100 1595477.92 38744 X 38744 SCANA CORP. Com 80589M102 3105056.72 84884 X 84884 SCHERING-PLOUGH Com 806605101 3789.83 263 X 263 SCHWAB (CHARLES) CORP. Com 808513105 892560.83 47401 X 47401 SERVICE CORPORATION INTERNATIONA Com 817565104 817527.36 80624 X 80624 SHERWIN-WILLIAM Com 824348106 2654.08 52 X 52 SIERRA PACIFIC RESOURCES Com 826428104 1077086.40 85280 X 85280 SMURFIT-STONE CONTAINER CORP. Com 832727101 730306.50 94845 X 94845 SOUTHWESTERN ENERGY Com 845467109 1593806.52 47308 X 47308 SPECTRA ENERGY CORP Com 847560109 1721219.50 75658 X 75658 SPX CORP. Com 784635104 1995093.10 19019 X 19019 STATE STREET CORP. Com 857477103 2484708.00 31452 X 31452 STONE ENERGY CORP. Com 861642106 1513851.40 28940 X 28940 SUN MICROSYSTEMS Com 866810203 797776.10 51370 X 51370 SUPERVALU INC. Com 868536103 2009259.60 67020 X 67020 SYSCO CORP. Com 871829107 2500595.36 86168 X 86168 THE BRINK'S COMPANY Com 109696104 37016.18 551 X 551 THE TRAVELERS COMPANIES, INC. Com 89417E109 6651.15 139 X 139 THERMO FISHER SCIENTIFIC INC. Com 883556102 4705101.52 82778 X 82778 TIFFANY & CO. Com 886547108 1259635.04 30106 X 30106 TJX COMPANIES Com 872540109 2205008.39 66677 X 66677 UNITED TECHNOL Com 913017109 3297372.66 47913 X 47913 UNUMPROVIDENT CORP. Com 91529Y106 2572528.80 116880 X 116880 URBAN OUTFITTERS INC. Com 917047102 15110.70 482 X 482 VERIZON COMMUNICATIONS INC. Com 92343V104 1961483.85 53813 X 53813 VISHAY INTERTECHNOLOGY, INC. Com 928298108 5309.16 586 X 586 WABTEC CORPORATION Com 929740108 14762.72 392 X 392 WACHOVIA CORP.- NEW Com 929903102 8262.00 306 X 306 WADDELL & REED - CL A "A" 930059100 1705492.53 53081 X 53081 WATSON PHARMACEUTICALS, INC. Com 942683103 2104794.84 71787 X 71787 WATSON WYATT WORLDWIDE INC. Com 942712100 1058444.25 18651 X 18651 WELLPOINT INC. Com 94973V107 225945.60 5120 X 5120 WENDY'S INT'L Com 950590109 849553.46 36841 X 36841 WESTERN DIGITAL Com 958102105 1168209.12 43203 X 43203 WGL HOLDING Com 92924F106 822210.76 25646 X 25646 WILLIAMS COS. Com 969457100 3835936.78 116311 X 116311 WR BERKELEY CORP. Com 084423102 2332411.77 84233 X 84233 WYNN RESORTS LTD. Com 983134107 485286.08 4822 X 4822 XCEL ENERGY INC. Com 98389B100 4270636.65 214067 X 214067 XEROX CORP. Com 984121103 5269.44 352 X 352 XILINX INC. Com 983919101 8478.75 357 X 357 -----END PRIVACY-ENHANCED MESSAGE-----