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0001109228-19-000001.txt : 20190212 0001109228-19-000001.hdr.sgml : 20190212 20190212132756 ACCESSION NUMBER: 0001109228-19-000001 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20181231 FILED AS OF DATE: 20190212 DATE AS OF CHANGE: 20190212 EFFECTIVENESS DATE: 20190212 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: 19589626 BUSINESS ADDRESS: STREET 1: 750 LINDARO STREET STREET 2: SUITE 350 CITY: SAN RAFAEL STATE: CA ZIP: 94901 BUSINESS PHONE: 415-461-7788 MAIL ADDRESS: STREET 1: 750 LINDARO STREET STREET 2: SUITE 350 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 true false 0001109228 XXXXXXXX 12-31-2018 12-31-2018 KCM INVESTMENT ADVISORS LLC

750 LINDARO STREET SUITE 350 SAN RAFAEL CA 94901

13F HOLDINGS REPORT 028-05651 N William L. Prince CCO 4154617788 William L. 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Cum PFD 041356601 472 21701 SH SOLE 21701 0 0 Ashford Hospitality 7.375. NR PFD 044103604 508 27337 SH SOLE 27337 0 0 Ashford Hospitality 7.5. Calla PFD 044103885 264 13900 SH SOLE 13900 0 0 Atlas Finl SrNt 6.625. Cl 4/20 PFD g06207123 440 17025 SH SOLE 17025 0 0 Axos Finl 6.25.Sr Nts 2/2026 C PFD 05465c209 209 8450 SH SOLE 8450 0 0 B Riley Financial 7.375.SnNtsD PFD 05580m504 381 15500 SH SOLE 15500 0 0 B Riley Financial 7.50.SnNts D PFD 05580m306 2507 105475 SH SOLE 105475 0 0 B Riley Financial 7.50.SnNts d PFD 05580m207 446 17745 SH SOLE 17745 0 0 BancOfCalifornia 7.00. Cal2021 PFD 05990k874 1737 70550 SH SOLE 70550 0 0 BancOfCalifornia 7.375. Ca2020 PFD 05990k882 6723 267836 SH SOLE 267836 0 0 Bank of America 6.5. Prp Cl 1/ PFD 060505310 437 17199 SH SOLE 17199 0 0 Bank of America 6.625. Prp/Cl9 PFD 060505344 2316 91020 SH SOLE 91020 0 0 BankofAmerica .1000pv 7.25.Cnv PFD 060505682 6088 4861 SH SOLE 4861 0 0 BlueRock Residential Growth 7. PFD 09627j748 1430 59544 SH SOLE 59544 0 0 BlueRock Residential Growth 8. PFD 09627j508 3501 138376 SH SOLE 138376 0 0 Braemar Hotels&Resorts 8.25. P PFD 10482b309 497 22782 SH SOLE 22782 0 0 Brookfield Ppty 6.375. Call 2/ PFD 11282x202 319 14400 SH SOLE 14400 0 0 Brunswick SrNts 6.50. Call10/2 PFD 117043406 1868 74300 SH SOLE 74300 0 0 Brunswick SrNts 6.625.Call10/2 PFD 117043505 428 18100 SH SOLE 18100 0 0 CAI Internatnl 8.50.Perp Cum Q PFD 12477x205 2145 93577 SH SOLE 93577 0 0 CAI Internatnl 8.50.Perp Cum Q PFD 12477x304 494 21700 SH SOLE 21700 0 0 CHS Chemical 7.50. Cl 1/2025 C PFD 12542r803 6350 251386 SH SOLE 251386 0 0 CHS Chemicals 6.75. Perp cl 20 PFD 12542r704 304 12646 SH SOLE 12646 0 0 CHS Chemicals 7.875. Perp cl 2 PFD 12542r308 334 12997 SH SOLE 12997 0 0 CHS Inc. 7.1. fxd to float in PFD 12542r506 204 8257 SH SOLE 8257 0 0 Capital One Finl 6.7.Prp Call PFD 14040h709 1518 59864 SH SOLE 59864 0 0 ChickenSoup4Soul 9.75.QDI Call PFD 16842q209 370 15092 SH SOLE 15092 0 0 Chimera Investment Corp 7.75. PFD 16934q505 1221 49780 SH SOLE 49780 0 0 Chimera Investment Corp 8. Cal PFD 16934q307 280 11228 SH SOLE 11228 0 0 Chimera Investment Corp 8. Cal PFD 16934q406 536 20984 SH SOLE 20984 0 0 Citigroup 6.875. BB Called 2/ PFD 172967333 259 10174 SH SOLE 10174 0 0 Citigroup 7.125. Flt Aftr 9/23 PFD 172967358 5958 227497 SH SOLE 227497 0 0 Citigroup Tst 7.875. Cl2015 Li PFD 173080201 913 34545 SH SOLE 34545 0 0 City Office REIT 6.625. CUM Ca PFD 178587200 246 10911 SH SOLE 10911 0 0 Colony Capital 7.125. CUM Call PFD 19626g702 3063 165946 SH SOLE 165946 0 0 Colony Capital 7.125. CUM Call PFD 19626g603 264 14300 SH SOLE 14300 0 0 Colony Capital 7.125. CUM Call PFD 19626g504 547 29622 SH SOLE 29622 0 0 Colony Capital 7.50. CUM Call PFD 19626g405 1569 78454 SH SOLE 78454 0 0 Colony Capital 8.75. CUM Call PFD 19626g306 544 23492 SH SOLE 23492 0 0 CoreEnergy 7.375. Pfd - Par Ca PFD 21870u304 1964 83556 SH SOLE 83556 0 0 Cowen 7.35. Sn Notes 2027 Call PFD 223622705 1355 56975 SH SOLE 56975 0 0 Cowen 7.75. Snr Notes 2033 Cl PFD 223622804 1537 65425 SH SOLE 65425 0 0 Crown Castle Intl 6.875. MndCo PFD 22822v309 329 313 SH SOLE 313 0 0 Customers Bk 7.00. Fx Flt Prp/ PFD 23204g407 272 10944 SH SOLE 10944 0 0 Digital Realty 7.375. Perp CUM PFD 253868871 1782 70700 SH SOLE 70700 0 0 Dynagas LNG 8.75. QDI Perp Cal PFD y2188b124 318 17685 SH SOLE 17685 0 0 Dynagas LNG 9.0. QDI CUM cl 2 PFD Y2188b116 855 41490 SH SOLE 41490 0 0 EBAY 6.00. Sr Notes Call 3/1/2 PFD 278642202 261 10260 SH SOLE 10260 0 0 EaglePoint Credit 6.625. Nts D PFD 269809505 1244 51875 SH SOLE 51875 0 0 EaglePoint Credit 7.75. Due 10 PFD 269809307 247 9727 SH SOLE 9727 0 0 EaglePoint Credit 7.75.2022 CU PFD 269809109 592 23351 SH SOLE 23351 0 0 Enstar Group 7.0. Perp Call 9/ PFD 29359u109 844 36065 SH SOLE 36065 0 0 Fidus Investment 5.875.Notes D PFD 316500206 603 23425 SH SOLE 23425 0 0 GasLog LP 8.625.fxd/flt Cum Q PFD y2687w116 907 41511 SH SOLE 41511 0 0 GasLog Ltd 8.375. Ser A CUM QD PFD y2687w124 1143 56223 SH SOLE 56223 0 0 GasLog Ltd 8.75. Ser A CUM QDI PFD g37585117 1384 54502 SH SOLE 54502 0 0 Gladstone 7.00. CUM Perp Call PFD 376536603 5479 235363 SH SOLE 235363 0 0 Gladstone Investment 6.25. CUM PFD 376546503 551 22040 SH SOLE 22040 0 0 GladstoneCapital(GLAD)6.125.5Y PFD 376535605 240 10000 SH SOLE 10000 0 0 Global Indemnity SrNts7.75. Ca PFD g3933f121 1763 73815 SH SOLE 73815 0 0 Global Indmnty 7.875. Cl2022 b PFD g3933f139 1022 42650 SH SOLE 42650 0 0 Global Medical RE 7.50. CUM Pe PFD 37957w203 628 25649 SH SOLE 25649 0 0 Global Net Lease 7.25.Perp Cum PFD 379378300 1609 65189 SH SOLE 65189 0 0 Golar LNG 8.75. Perp QDI Call PFD y2745c110 1381 58163 SH SOLE 58163 0 0 Goldman 5.5. Flt Aftr 5/23 Cl PFD 38145g308 1631 67416 SH SOLE 67416 0 0 Great Elm Capital 6.75.SnNts M PFD 390320406 445 18325 SH SOLE 18325 0 0 Hanover Insurance6.35. Cl3/18 PFD 410867204 1149 46321 SH SOLE 46321 0 0 Hartford Finl 7.875. 2042 call PFD 416518504 1564 57199 SH SOLE 57199 0 0 Hoegh LNG Partners 8.75. QDI PFD y3262r118 1110 45874 SH SOLE 45874 0 0 Horizon Technology Fin 6.25.Sr PFD 44045a300 322 12950 SH SOLE 12950 0 0 IberiaBank Corp 6.60. Call 5/1 PFD 450828504 659 25663 SH SOLE 25663 0 0 Invesco Mortgage 7.75.Perp CUM PFD 46131b209 457 18726 SH SOLE 18726 0 0 JMP Group 8.00. SrDeb Due1/202 PFD 46629u206 291 11668 SH SOLE 11668 0 0 JMP Group SrNts7.25. BBB- 11/2 PFD 466273109 961 44850 SH SOLE 44850 0 0 JPMorgan Chase 6.70.Perp CALLE PFD 48127a161 1550 61012 SH SOLE 61012 0 0 Jernigan Capital 7.00. CUM PER PFD 476405204 562 25552 SH SOLE 25552 0 0 Just Energy 8.50.Perp Call3/20 PFD 48213w200 446 24200 SH SOLE 24200 0 0 KKR Inc 6.75. Pfd Call 6/15/20 PFD 48251w203 511 19763 SH SOLE 19763 0 0 Ladenburg Thalmann 7.25.SnNte PFD 50575q409 1658 73775 SH SOLE 73775 0 0 Landenburg Thalman 7.00.SnNte PFD 50575q110 628 28000 SH SOLE 28000 0 0 M&T Bank 6.375. Cl 11/18 BBB- PFD 55261f708 384 384 SH SOLE 384 0 0 MFA Financial 7.5. Prp Cl 4/15 PFD 55272x409 217 8931 SH SOLE 8931 0 0 MVC Capital 6.25. SrNts Due12/ PFD 553829409 469 18750 SH SOLE 18750 0 0 Morgan Stanley 6.875. Prp/Cl 1 PFD 61763e207 473 18275 SH SOLE 18275 0 0 Morgan Stanley 7.125.Flt 10/23 PFD 61762v200 3695 140112 SH SOLE 140112 0 0 National General 7.5. NA Cl Q PFD 636220857 3522 177234 SH SOLE 177234 0 0 National General 7.50.Call4/20 PFD 636220808 1865 93874 SH SOLE 93874 0 0 National General 7.625. Call9/ PFD 636220873 1351 59787 SH SOLE 59787 0 0 National General7.50.Call 7/20 PFD 636220709 1509 75011 SH SOLE 75011 0 0 New York MtgTrust 7.875.Perp C PFD 649604808 255 11506 SH SOLE 11506 0 0 NewTek Business Svs 6.25. Nts PFD 652526500 1086 43450 SH SOLE 43450 0 0 NewTek Business Svs 7.50. Nts PFD 652526302 522 20511 SH SOLE 20511 0 0 Nisource 6.50. Perp QDI Call 3 PFD 65473p881 1289 51470 SH SOLE 51470 0 0 NuStar Logistics 7.625.Nts Cl PFD 67059t204 1863 78157 SH SOLE 78157 0 0 OFS Capital 6.375 SnNts 4/2025 PFD 67103b308 728 30000 SH SOLE 30000 0 0 Oxford Lane Cap6.75. Nts 6/202 PFD 691543508 899 35684 SH SOLE 35684 0 0 Partner Re 6.50.Perp Cal 4/202 PFD g68603136 2722 110320 SH SOLE 110320 0 0 Partner Re 7.25. Call 06/21 BB PFD g68603144 5962 236668 SH SOLE 236668 0 0 Pebblebrook Hotel 6.3. Perp/Ca PFD 70509v704 205 8708 SH SOLE 8708 0 0 Pebblebrook Hotel 6.375. Perp/ PFD 70509v605 219 9124 SH SOLE 9124 0 0 PennyMac Mtg 8.125. 2024 Libor PFD 70931t301 421 17719 SH SOLE 17719 0 0 Plymouth Industrial 7.50. CUM PFD 729640201 366 16460 SH SOLE 16460 0 0 Priority Income Fund6.375.SnNt PFD 74274w103 385 15925 SH SOLE 15925 0 0 Prospect Cap 6.25. 6/24 SrNts PFD 74348t300 2352 96156 SH SOLE 96156 0 0 Prudential PLC 6.75. PrpCl 9/0 PFD g7293h114 372 14677 SH SOLE 14677 0 0 QTS Realty 7.125. Perp Cum Cl PFD 74736a202 643 27956 SH SOLE 27956 0 0 Quest USWest 7.0. SrNts 2/56 C PFD 74913g808 2758 133293 SH SOLE 133293 0 0 Quest USWestSnNotes 6.875. CL PFD 74913g105 1923 97445 SH SOLE 97445 0 0 Qwest Corp 6.5. Sr Note 9/56 C PFD 74913g881 1150 61375 SH SOLE 61375 0 0 Qwest Corp 6.75. SrNote 6/57 C PFD 74913g873 695 36600 SH SOLE 36600 0 0 RLJ Lodging .1.95 Cnv@89.09 B- PFD 74965l200 538 21719 SH SOLE 21719 0 0 Ready Capital Sr 6.5. 4/2021BB PFD 75574u309 544 21665 SH SOLE 21665 0 0 Regions Financial 6.375. Cl 12 PFD 7591ep308 389 15582 SH SOLE 15582 0 0 Reinsurance Group ofAmer 6.2. PFD 759351703 225 9000 SH SOLE 9000 0 0 SL Green Realty 6.5. Perp CUM PFD 78440x507 1353 53629 SH SOLE 53629 0 0 SoCalEd 5.375. CUM cl 2025 QDI PFD 78409g206 638 31451 SH SOLE 31451 0 0 Sotherly Hotels 7.25. SrNt2021 PFD 83600e307 649 25550 SH SOLE 25550 0 0 Sotherly Hotels 7.875. Cum Per PFD 83600c400 1032 47127 SH SOLE 47127 0 0 Sotherly Hotels 8. Cum Perp C PFD 83600c301 2917 117816 SH SOLE 117816 0 0 Spark Energy 8.75. Call 2022 Q PFD 846511202 423 22882 SH SOLE 22882 0 0 Sunstone Hotel 6.95. Prp/Cl 3/ PFD 867892606 726 28742 SH SOLE 28742 0 0 Telephone & Data 6.875. Cl 11/ PFD 879433845 1772 76525 SH SOLE 76525 0 0 Telephone & Data 7.0. Cl 3/16 PFD 879433837 572 24552 SH SOLE 24552 0 0 Texas Capitl Bancshares6.50. 2 PFD 882228307 423 16817 SH SOLE 16817 0 0 Torchmark Crp 6.125. SubDebCal PFD 891027401 755 30050 SH SOLE 30050 0 0 TriState Capital Hlds 6.75. Pe PFD 89678f209 1340 51573 SH SOLE 51573 0 0 Two Harbors Investments 7.625. PFD 90187b309 278 11218 SH SOLE 11218 0 0 Two Harbors Investments 8.125. PFD 90187b200 597 22829 SH SOLE 22829 0 0 UMH Properties 8.0. Perp Cum C PFD 903002301 555 21758 SH SOLE 21758 0 0 US Bancorp 6.5. Flt Aftr 1/22 PFD 902973833 1384 52259 SH SOLE 52259 0 0 US Celllular SrNts 7.25. 2063 PFD 911684504 545 23125 SH SOLE 23125 0 0 US Cellular 6.95.SrNT 2060 Cl PFD 911684405 340 15125 SH SOLE 15125 0 0 US Cellular 7.25. SrNts12/2064 PFD 911684603 1624 68702 SH SOLE 68702 0 0 VEREIT Inc 6.70. Perp CUM Cl 2 PFD 92339v209 737 31152 SH SOLE 31152 0 0 Wells Fargo 5.85.Flt Aftr 9/23 PFD 949746556 1006 40947 SH SOLE 40947 0 0 Wells Fargo 6.375. Cl 12/19 BB PFD 94988n207 722 28829 SH SOLE 28829 0 0 Wells Fargo 7.5. Cnv@.156 .100 PFD 949746804 16805 13317 SH SOLE 13317 0 0 WinTrust Financial 6.50. Call PFD 97650w405 253 10088 SH SOLE 10088 0 0 American Express Cp 5.2. - Cal PFD 025816BJ7 699 710000 PRN SOLE 710000 0 0 Bank of America 5.20. Perp/Cal PFD 060505ED2 2552 2665000 PRN SOLE 2665000 0 0 Bank of NY Mellon - Call 6/20/ PFD 064058AD2 929 950000 PRN SOLE 950000 0 0 Charles Schwab 4.625. Perp/Cal PFD 808513AP0 660 705000 PRN SOLE 705000 0 0 Charles Schwab 7. Perp/Call 2/ PFD 808513AE5 1248 1212000 PRN SOLE 1212000 0 0 Citigroup 5.35. Perp/Call 5/23 PFD 172967GR6 681 765000 PRN SOLE 765000 0 0 Citigroup 5.875. Perp/Call 3/2 PFD 172967JK8 340 350000 PRN SOLE 350000 0 0 Citigroup Inc - Callable 11/15 PFD 172967HZ7 341 350000 PRN SOLE 350000 0 0 Citigroup Inc 5.95. Perp Call PFD 172967GD7 1047 1150000 PRN SOLE 1150000 0 0 Citigroup Inc 6.125. Perp Call PFD 172967KD2 538 550000 PRN SOLE 550000 0 0 Citigroup Inc Fix-to-Float Per PFD 172967GF2 833 900000 PRN SOLE 900000 0 0 Fifth Third Bancorp 4.9. until PFD 316773CR9 654 685000 PRN SOLE 685000 0 0 Goldman Sachs 5. Perp/Call 11/ PFD 38148BAD0 602 715000 PRN SOLE 715000 0 0 Goldman Sachs 5.375 Perp/Call PFD 38148BAB4 569 590000 PRN SOLE 590000 0 0 Goldman Sachs 5.7 Perp/Call 5/ PFD 38148BAA6 1197 1215000 PRN SOLE 1215000 0 0 JPMorgan 5.3. Perp/Call 5/1/20 PFD 46625HKK5 246 250000 PRN SOLE 250000 0 0 JPMorgan 6.0. Perp/Call 8/23 - PFD 48126HAA8 3525 3615000 PRN SOLE 3615000 0 0 JPMorgan 7.9. Perp/Call 4/18 - PFD 46625HHA1 2225 2253000 PRN SOLE 2253000 0 0 MetLife Inc. 5.25. Call 6/15/2 PFD 59156RBP2 661 685000 PRN SOLE 685000 0 0 Morgan Stanley 5.45. Perp/Call PFD 61761JQK8 588 600000 PRN SOLE 600000 0 0 So. Cal Edison 6.25. Perp/Call PFD 842400FU2 538 565000 PRN SOLE 565000 0 0 Stanley Black & Decker Callabl PFD 854502AF8 1130 1145000 PRN SOLE 1145000 0 0 State Street Corp Perp/Call 5. PFD 857477AQ6 198 200000 PRN SOLE 200000 0 0 Suntrust Bank 5.05. Call 2022- PFD 867914BN2 707 815000 PRN SOLE 815000 0 0 US Bancorp - Callable 1/15/21 PFD 902973AY2 298 300000 PRN SOLE 300000 0 0 Wachovia (WFC) Perp/Call 2/11 PFD 92978AAA0 2430 2700000 PRN SOLE 2700000 0 0 Wells Fargo & Company Perp/Cal PFD 949746PM7 744 752000 PRN SOLE 752000 0 0