0001109228-15-000001.txt : 20150212 0001109228-15-000001.hdr.sgml : 20150212 20150212122030 ACCESSION NUMBER: 0001109228-15-000001 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20141231 FILED AS OF DATE: 20150212 DATE AS OF CHANGE: 20150212 EFFECTIVENESS DATE: 20150212 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KCM INVESTMENT ADVISORS LLC CENTRAL INDEX KEY: 0001109228 IRS NUMBER: 911756649 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-05651 FILM NUMBER: 15604357 BUSINESS ADDRESS: STREET 1: 750 LINDARO STREET STREET 2: SUITE 250 CITY: SAN RAFAEL STATE: CA ZIP: 94901 BUSINESS PHONE: 415-461-7788 MAIL ADDRESS: STREET 1: 750 LINDARO STREET STREET 2: SUITE 250 CITY: SAN RAFAEL STATE: CA ZIP: 94901 FORMER COMPANY: FORMER CONFORMED NAME: KCM INVESTMENT ADVISORS/CA DATE OF NAME CHANGE: 20000413 13F-HR 1 primary_doc.xml 13F-HR LIVE false false false 0001109228 XXXXXXXX 12-31-2014 12-31-2014 KCM INVESTMENT ADVISORS LLC

750 LINDARO STREET SUITE 250 SAN RAFAEL CA 94901

13F HOLDINGS REPORT 028-05651 N William L. Prince 4154617788 William L. 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Brands Inc COM 988498101 353 4840 SH SOLE 4840 0 0 Zebra Technologies Corp-Cl A COM 989207105 201 2600 SH SOLE 2600 0 0 Zimmer Holdings Inc COM 98956p102 1548 13648 SH SOLE 13648 0 0 Zogenix Inc COM 98978l105 14 10000 SH SOLE 10000 0 0 iShares DJ EPAC Sel Div Inc In COM 464288448 2325 69013 SH SOLE 69013 0 0 iShares DJ Select Dividend Ind COM 464287168 6597 83081 SH SOLE 83081 0 0 iShares DJ US Consumer Noncycl COM 464287812 223 2125 SH SOLE 2125 0 0 iShares DJ US Financial Sect COM 464287788 1261 13984 SH SOLE 13984 0 0 iShares DJ US Health Car Pro COM 464288828 243 2052 SH SOLE 2052 0 0 iShares DJ US Healthcare Sec COM 464287762 264 1829 SH SOLE 1829 0 0 iShares DJ US Telecommunicatio COM 464287713 674 23031 SH SOLE 23031 0 0 iShares DJ US Transport Index COM 464287192 1021 6220 SH SOLE 6220 0 0 iShares FTSE/Xinhua China 25 COM 464287184 1012 24305 SH SOLE 24305 0 0 iShares GS Natural Resources I COM 464287374 700 18268 SH SOLE 18268 0 0 iShares Gold Trust COM 464285105 735 64285 SH SOLE 64285 0 0 iShares Goldman Sachs Tech I COM 464287721 252 2410 SH SOLE 2410 0 0 iShares MCSI EAFE Growth Index COM 464288885 257 3900 SH SOLE 3900 0 0 iShares MSCI Australia Index COM 464286103 585 26400 SH SOLE 26400 0 0 iShares MSCI Canada Index COM 464286509 746 25845 SH SOLE 25845 0 0 iShares MSCI EAFE Index COM 464287465 1380 22688 SH SOLE 22688 0 0 iShares MSCI EAFE Value Index COM 464288877 257 5040 SH SOLE 5040 0 0 iShares MSCI EMU Index-Europea COM 464286608 363 10000 SH SOLE 10000 0 0 iShares MSCI Emerging Markets COM 464287234 1199 30508 SH SOLE 30508 0 0 iShares MSCI Hong Kong Index - COM 464286871 721 35080 SH SOLE 35080 0 0 iShares MSCI Mexico Index COM 464286822 323 5445 SH SOLE 5445 0 0 iShares MSCI Singapore Index COM 464286673 321 24550 SH SOLE 24550 0 0 iShares MSCI South Korea Index COM 464286772 288 5215 SH SOLE 5215 0 0 iShares MSCI USA Quality Facto COM 46432f339 716 11498 SH SOLE 11498 0 0 iShares Microcap ETF COM 464288869 598 7769 SH SOLE 7769 0 0 iShares Nasdaq Biotech Index F COM 464287556 3139 10346 SH SOLE 10346 0 0 iShares Russell 1000 Growth COM 464287614 721 7537 SH SOLE 7537 0 0 iShares Russell 1000 Value COM 464287598 314 3005 SH SOLE 3005 0 0 iShares Russell 2000 Index Fun COM 464287655 1207 10093 SH SOLE 10093 0 0 iShares Russell Midcap Index COM 464287499 350 2097 SH SOLE 2097 0 0 iShares Russell Midcap Value I COM 464287473 332 4500 SH SOLE 4500 0 0 iShares S&P 100 Index Fund COM 464287101 1758 19336 SH SOLE 19336 0 0 iShares S&P 500 Index Fund COM 464287200 596 2883 SH SOLE 2883 0 0 iShares S&P Europe 350 COM 464287861 2602 61186 SH SOLE 61186 0 0 iShares S&P Global 100 COM 464287572 694 9101 SH SOLE 9101 0 0 iShares S&P Midcap 400 COM 464287507 1404 9695 SH SOLE 9695 0 0 iShares S&P Midcap 400/Value COM 464287705 418 3270 SH SOLE 3270 0 0 iShares S&P SmallCap 600 COM 464287804 587 5143 SH SOLE 5143 0 0 iShares S&P US Preferred Stock COM 464288687 9269 235021 SH SOLE 235021 0 0 AEGON 8.00% 2042 Notes Call 08 PFD 007924608 3963 140929 SH SOLE 140929 0 0 AON Cap 8.205% 1/27 Non-Call B PFD 22532r101 1857 57979 SH SOLE 57979 0 0 Allied Capital ARCC6.875% 4/20 PFD 01903q207 428 17109 SH SOLE 17109 0 0 American Capital Agency 8.0% P PFD 02503x204 1108 41520 SH SOLE 41520 0 0 American Capital Agncy 7.75% P PFD 02503x303 476 19090 SH SOLE 19090 0 0 Amtrust Financial 7.25% CUM QD PFD 032359507 252 10374 SH SOLE 10374 0 0 Amtrust Financial 7.625%CUM QD PFD 032359705 1796 71618 SH SOLE 71618 0 0 Annaly Capital 7.625% Perp Cl PFD 035710706 236 9479 SH SOLE 9479 0 0 Arch Capital 6.75% BBB QDI Cl PFD g0450a204 713 26424 SH SOLE 26424 0 0 Ares Capital 7.75% 2040 Call 1 PFD 04010l202 3295 127654 SH SOLE 127654 0 0 Argo Group 6.5% Sr Notes Call PFD 040130205 270 10950 SH SOLE 10950 0 0 Ashford Hospitality 9.0% NR Ca PFD 044103505 1133 42785 SH SOLE 42785 0 0 Aspen Insurance 7.25% Call07/2 PFD g05384147 6125 233953 SH SOLE 233953 0 0 Aspen Insurance 7.401% Call 07 PFD g05384139 603 23038 SH SOLE 23038 0 0 Atlas Pipeline 8.25% Called 2/ PFD 049392301 1105 43575 SH SOLE 43575 0 0 Aviva 8.25% 12/2041 Call 12/20 PFD 05382a203 9700 348038 SH SOLE 348038 0 0 Axis Capital 6.875% Cl 4/17 QD PFD g0692u307 522 19550 SH SOLE 19550 0 0 BAC Flt LIB+35 BB NCU QDI Cl 1 PFD 060505815 235 11468 SH SOLE 11468 0 0 BB&T Capital 5.625% Call 8/201 PFD 054937404 212 8766 SH SOLE 8766 0 0 BGC Partners 8.125% 2042 Call PFD 05541t408 4702 171918 SH SOLE 171918 0 0 Banc of California 8.00% Perp PFD 05990k403 941 35630 SH SOLE 35630 0 0 Banco Santander 6.80% QDI Clbl PFD 80281r706 273 10769 SH SOLE 10769 0 0 Bank of America 6.625% Prp/Cl PFD 060505344 481 18800 SH SOLE 18800 0 0 Bank of America 6.625%Prp Cl 1 PFD 060505740 642 24482 SH SOLE 24482 0 0 Barclays 7.75% Prp Cl 9/13 BB PFD 06739h511 694 26771 SH SOLE 26771 0 0 Barclays 8.125% Perp/Cl 3/14 B PFD 06739h362 1340 51395 SH SOLE 51395 0 0 Barclays Bank 7.1% Prp Call 12 PFD 06739h776 1048 40591 SH SOLE 40591 0 0 Breitburn Energy Partners 8.25 PFD 106776115 236 10992 SH SOLE 10992 0 0 Campus Crest Comm 8.00% Perp C PFD 13466y204 1475 57743 SH SOLE 57743 0 0 Capital One Finl 6.7%Prp Call PFD 14040h709 376 14500 SH SOLE 14500 0 0 CenturyLink Quest 6.125%Nts Cl PFD 74913g600 253 10500 SH SOLE 10500 0 0 CenturyLink Quest 7.0%SnNts Cl PFD 74913g501 2614 100748 SH SOLE 100748 0 0 CenturyLink Quest7.375% 6/51 C PFD 74913g204 1224 45672 SH SOLE 45672 0 0 CenturyLink SnNote7.5% 2051 Cl PFD 74913g303 6156 228687 SH SOLE 228687 0 0 CenturyLink SnNotes 6.875% CL PFD 74913g105 742 28950 SH SOLE 28950 0 0 CenturyLink SnNotes 7.0% 2052 PFD 74913G402 1397 53540 SH SOLE 53540 0 0 Chesapeake Lodging 7.75% PerpC PFD 165240201 2869 109078 SH SOLE 109078 0 0 Citigroup 5.8% B1 Call 4/18 QD PFD 172967366 264 10800 SH SOLE 10800 0 0 Citigroup 7.125% Flt Aftr 9/23 PFD 172967358 4525 166845 SH SOLE 166845 0 0 Citigroup Tst 7.875% Cl2015 Li PFD 173080201 340 12810 SH SOLE 12810 0 0 Colony Financial8.50% Perp CUM PFD 19624r205 235 8938 SH SOLE 8938 0 0 Corporate Office Prop 7.375% C PFD 22002t884 1991 76356 SH SOLE 76356 0 0 Costamare 7.625% CUM QDI Perp PFD y1771g110 381 15641 SH SOLE 15641 0 0 Costamare 8.50% CUM QDI Perp C PFD y1771g128 2946 114794 SH SOLE 114794 0 0 Cowen 8.25% Senior Notes Due 1 PFD 223622309 1242 47870 SH SOLE 47870 0 0 CubeSmart 7.75%CUM Call 11/2/2 PFD 229663208 651 24119 SH SOLE 24119 0 0 DTE Energy 6.5% Jr Sub Call 12 PFD 233331602 1575 60410 SH SOLE 60410 0 0 Deutsche Bank 8.05% PrpCl6/18 PFD 25150l108 3165 112259 SH SOLE 112259 0 0 Deutsche Bk Tst6.55%Perp Cl 5/ PFD 25153x208 607 23148 SH SOLE 23148 0 0 Deutsche Bnk 6.625% QDI BB Cal PFD 25153y206 292 11411 SH SOLE 11411 0 0 Deutsche Bnk 7.6% Prp Cl 2/18 PFD 25154a108 1602 57821 SH SOLE 57821 0 0 Digital Realty 6.625% Perp CUM PFD 253868806 500 19603 SH SOLE 19603 0 0 Digital Realty 7.0% Perp Call PFD 253868707 3653 143263 SH SOLE 143263 0 0 Digital Realty 7.375% Perp CUM PFD 253868871 230 8626 SH SOLE 8626 0 0 Discover Financial 6.50%Perp Q PFD 254709207 1802 71129 SH SOLE 71129 0 0 Endurance Specialty 7.5% Cl 6/ PFD g30397304 2592 98845 SH SOLE 98845 0 0 Endurance Specialty 7.75% Cl12 PFD 29267h208 3756 142799 SH SOLE 142799 0 0 Equity Comwlth 7.25% CUM Perp/ PFD 294628409 548 21486 SH SOLE 21486 0 0 Excel Trust 8.125% CUM Call 1/ PFD 30068c307 1567 58586 SH SOLE 58586 0 0 First Republic 7.0% Cl 12/18 B PFD 33616c860 1839 66877 SH SOLE 66877 0 0 First Republic Bank 6.2% Cl 6/ PFD 33616c407 654 25735 SH SOLE 25735 0 0 First Republic Bank 6.70% Cl20 PFD 33616c209 1716 65257 SH SOLE 65257 0 0 Five Oaks Investment 8.75%Perp PFD 33830w205 340 13410 SH SOLE 13410 0 0 Gastar Exploration 10.75%Perp PFD 36729p306 296 13728 SH SOLE 13728 0 0 General Growth Prop 6.375% Cl PFD 370023202 378 15100 SH SOLE 15100 0 0 GoldmanSachs Lib+75 Min3.75% C PFD 38143y665 615 32445 SH SOLE 32445 0 0 HSBC 6.36% Perp Callable NCU Q PFD 40429c607 787 31048 SH SOLE 31048 0 0 HSBC Float 4.5%FL Clbl CUM QDI PFD 40428h706 604 23900 SH SOLE 23900 0 0 HSBC Hldgs 8.0% Prp Cl 12/15 B PFD 404280802 5218 196397 SH SOLE 196397 0 0 Hanover Insurance 6.35% Cl 3/1 PFD 410867204 295 11800 SH SOLE 11800 0 0 Hartford Finl 7.875% 2042 call PFD 416518504 1505 50250 SH SOLE 50250 0 0 Hudson Pacific 8.375% Perp N/R PFD 444097208 1085 41347 SH SOLE 41347 0 0 ING Groep NV 7 3/8% Cl 10/12 B PFD 456837707 1743 67859 SH SOLE 67859 0 0 ING Grp NV 7.20%Pfd Perp/Cl l2 PFD 456837301 300 11646 SH SOLE 11646 0 0 Investors REIT 7.95% Perp CUM PFD 461730301 991 38376 SH SOLE 38376 0 0 JMP Group 8.00% SrDeb Due1/202 PFD 46629u206 209 8157 SH SOLE 8157 0 0 JPMorgan Chase 6.70%Perp/Call PFD 48127a161 1295 49031 SH SOLE 49031 0 0 KKR Financial 7.375% Prp Call PFD 48248a603 433 16254 SH SOLE 16254 0 0 KKR Financial 7.50% SrNts Call PFD 48248a504 5251 191937 SH SOLE 191937 0 0 KKR Financial 8.375%SrNts Call PFD 48248a405 1638 59020 SH SOLE 59020 0 0 Kimco Realty 6.90% Perp Call8/ PFD 49446r828 314 12226 SH SOLE 12226 0 0 LaSalle Hotel 6.375% Call 3/20 PFD 517942801 205 8100 SH SOLE 8100 0 0 LaSalle Hotel 7.50% Perp CUM C PFD 517942702 2069 78753 SH SOLE 78753 0 0 M&T Bank 6.375% Cl 11/18 BBB- PFD 55261f708 568 569 SH SOLE 569 0 0 Magnum Hunter 8.00%Perp Ccum C PFD 55973b300 484 14257 SH SOLE 14257 0 0 Maiden Hldgs 8.00% Nts 2042 ca PFD 56029q309 2344 88184 SH SOLE 88184 0 0 Maiden Hldgs 8.25% Nts 2041 ca PFD 56029q200 861 32659 SH SOLE 32659 0 0 Maiden Holdings 8.25%Prp Cl8/2 PFD g5753u120 1570 60611 SH SOLE 60611 0 0 MetLife 3MoLibor+100 Min 4.0% PFD 59156r504 239 10431 SH SOLE 10431 0 0 Montpelier RE 8.875% Perp QDI PFD g62185114 926 34454 SH SOLE 34454 0 0 Morgan Stanley 3MoLib+70bp 4%F PFD 61747s504 485 24313 SH SOLE 24313 0 0 Morgan Stanley 7.125%Flt Aftr1 PFD 61762v200 1981 71902 SH SOLE 71902 0 0 National General Ins 7.50% Cal PFD 636220709 2517 99399 SH SOLE 99399 0 0 Navios Maritime 8.625% Perp CU PFD 63938y308 463 25077 SH SOLE 25077 0 0 News Corp 7.00% 12/1/2095 call PFD 863117206 281 11003 SH SOLE 11003 0 0 NorthStar Realty Fin 8.50% CUM PFD 66705V209 258 10300 SH SOLE 10300 0 0 NuStar Logistics 7.625%Nts Cl PFD 67059t204 770 29855 SH SOLE 29855 0 0 Oxford Lane Cap8.125% Cl6/2017 PFD 691543409 883 35740 SH SOLE 35740 0 0 PS Business Parks 6.0% Cl 5/20 PFD 69360j685 315 12751 SH SOLE 12751 0 0 Partner Re 7.25% Call 06/16 BB PFD g68603508 5908 221769 SH SOLE 221769 0 0 Pebblebrook Hotel 8.00%Perp Cu PFD 70509v308 2713 102996 SH SOLE 102996 0 0 Pebblebrook Hotel7.875%Perp Cu PFD 70509v209 830 31759 SH SOLE 31759 0 0 Penn RealEstate 7.375%CUM Perp PFD 709102503 640 24731 SH SOLE 24731 0 0 Pitney Bowes 6.7% Cl 3/7/18 PFD 724479506 376 14100 SH SOLE 14100 0 0 Principal Fin 145Bp+30y QDI ($ PFD 74251v201 2173 21730 SH SOLE 21730 0 0 Prospect Captl 6.95% Sr Nts 20 PFD 74348t201 944 37250 SH SOLE 37250 0 0 Prudential PLC 6.75% PrpCl 9/0 PFD g7293h114 752 29478 SH SOLE 29478 0 0 Public Storage 5.90% Perp CUM PFD 74460w206 317 12550 SH SOLE 12550 0 0 Public Storage 6.35% Call 7/16 PFD 74460d125 845 32505 SH SOLE 32505 0 0 Public Storage 6.5% Perp Call PFD 74460d158 389 15150 SH SOLE 15150 0 0 Public Storage 6.50% Call 4/20 PFD 74460d141 1741 66004 SH SOLE 66004 0 0 Public Storage 6.875% Prp Cl7/ PFD 74460d182 1010 38867 SH SOLE 38867 0 0 Raymond James Financial 6.90% PFD 754730208 882 32335 SH SOLE 32335 0 0 Realty Income 6.625% Call 2/17 PFD 756109807 302 11500 SH SOLE 11500 0 0 Regency Centers 6.00% Perp CUM PFD 758849806 442 17900 SH SOLE 17900 0 0 Regions Financial 6.375% Cl 12 PFD 7591ep308 418 16700 SH SOLE 16700 0 0 Reinsurance Group of Amer 6.2% PFD 759351703 403 14500 SH SOLE 14500 0 0 Retail Properties of Amer 7.0% PFD 76131v608 495 18900 SH SOLE 18900 0 0 SL Green Realty 6.5% Perp CUM PFD 78440x507 2256 88048 SH SOLE 88048 0 0 Safe Bulkers 8.00% Cumulative PFD y7388l129 526 30400 SH SOLE 30400 0 0 Scana Corp 7.70% BBB-CUM Calle PFD 80589m201 1681 65948 SH SOLE 65948 0 0 Seaspan 8.25% Perp CUM QDI Cal PFD y75638133 1124 44227 SH SOLE 44227 0 0 So Cal Ed Flt $100 Callable NC PFD 842400756 2563 25512 SH SOLE 25512 0 0 Solar Capital 6.75% Cl 11/17 PFD 83413u308 290 12500 SH SOLE 12500 0 0 Southern Cal Ed 6.5% $100 Cl3/ PFD 842400723 680 6590 SH SOLE 6590 0 0 Strategic Hotels&Res 8.25% Cal PFD 86272t403 533 21327 SH SOLE 21327 0 0 Summit Hotel 7.875% Perp CUM C PFD 866082308 1900 72320 SH SOLE 72320 0 0 Sunstone Hotel 8.00% Perp CUM PFD 867592507 1128 42996 SH SOLE 42996 0 0 Taubman Centers 6.5% CUM NA Cl PFD 876664608 248 9751 SH SOLE 9751 0 0 Teekay Offshore 7.25%Perp CUM PFD y8565j127 775 33536 SH SOLE 33536 0 0 Telephone & Data 6.875% Cl 11/ PFD 879433845 3425 137700 SH SOLE 137700 0 0 Telephone & Data 7.0% Cl 3/16 PFD 879433837 854 34621 SH SOLE 34621 0 0 TravelCenters America 8.00%SrN PFD 894174309 1161 46350 SH SOLE 46350 0 0 US Bancorp 6.5% Flt Aftr 1/22 PFD 902973833 1627 55230 SH SOLE 55230 0 0 US Cellular 6.95%SrNT 2060 Cl PFD 911684405 462 18935 SH SOLE 18935 0 0 Vanguard Natrl Resources 7.625 PFD 92205f304 247 12702 SH SOLE 12702 0 0 Vornado Realty 5.7% Prp Cl 7/1 PFD 929042851 283 11766 SH SOLE 11766 0 0 Vornado Realty 6.875% Prp/Cl 4 PFD 929042869 3218 121675 SH SOLE 121675 0 0 Wells Fargo 6.375% Cl 12/19 QD PFD 94988n207 383 15100 SH SOLE 15100 0 0 Wells Fargo 7.5% Cnv/Prp$1000 PFD 949746804 5415 4458 SH SOLE 4458 0 0 Wells Fargo 8.00% Prp Cl12/17 PFD 949746879 13102 449163 SH SOLE 449163 0 0 Charles Schwab 7% Perp/Call 2/ PFD 808513AE5 2331 2012000 PRN SOLE 2012000 0 0 Citigroup Inc 5.95% Perp Call PFD 172967GD7 289 295000 PRN SOLE 295000 0 0 GE Cap Corp 6.25% Perp/Call 12 PFD 369622SP1 384 350000 PRN SOLE 350000 0 0 GE Cap Corp 7.125% Perp/Call 6 PFD 369622SN6 2308 1990000 PRN SOLE 1990000 0 0 JPMorgan 7.9% Perp/Call 4/18 - PFD 46625HHA1 2518 2340000 PRN SOLE 2340000 0 0 So. Cal Edison 6.25% Perp/Call PFD 842400FU2 1112 1000000 PRN SOLE 1000000 0 0 Wachovia (WFC) Perp/Call 2/11 PFD 92978AAA0 5368 5570000 PRN SOLE 5570000 0 0 Wells Fargo & Company Perp/Cal PFD 949746PM7 596 540000 PRN SOLE 540000 0 0