0001172661-11-000336.txt : 20110513
0001172661-11-000336.hdr.sgml : 20110513
20110513164607
ACCESSION NUMBER: 0001172661-11-000336
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110331
FILED AS OF DATE: 20110513
DATE AS OF CHANGE: 20110513
EFFECTIVENESS DATE: 20110513
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: SANTA BARBARA ASSET MANAGEMENT
CENTRAL INDEX KEY: 0001109426
IRS NUMBER: 203432117
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-05621
FILM NUMBER: 11841698
BUSINESS ADDRESS:
STREET 1: 200 EAST CARRILLO STREET,
STREET 2: SUITE 300
CITY: SANTA BARBARA
STATE: CA
ZIP: 93101
BUSINESS PHONE: 8059654600
MAIL ADDRESS:
STREET 1: 200 EAST CARRILLO STREET,
STREET 2: SUITE 300
CITY: SANTA BARBARA
STATE: CA
ZIP: 93101
13F-HR
1
sbam1q11.txt
FORM 13F HOLDINGS REPORT
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 2011
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: Santa Barbara Asset Management, Inc.
Address: 200 East Carrillo Street
Suite 300
Santa Barbara, CA 93101
13F File Number: 028-05621
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: Michael Mayfield
Title: CIO, CEO
Phone: (805) 965-4600
Signature, Place, and Date of Signing:
/s/ Michael Mayfield Santa Barbara, CA May 13, 2011
Report Type (Check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 183
Form 13F Information Table Value Total: $2,226,811 (thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional managers with respect to which this report is filed, other
than the manager filing this report.
No. 13F File Number Name
1 028-11405 Nuveen Investments, Inc.
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
ABBOTT LABS COM 002824100 20686 421732 SH DEFINED 1 371021 0 50711
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 55001 1000561 SH DEFINED 1 920442 0 80119
AFLAC INC COM 001055102 15160 287220 SH DEFINED 1 252582 0 34638
AGRIUM INC COM 008916108 67 725 SH DEFINED 1 725 0 0
AIXTRON SE SPONSORED ADR 009606104 36 820 SH DEFINED 1 820 0 0
AKAMAI TECHNOLOGIES INC COM 00971T101 10825 284861 SH DEFINED 1 267556 0 17305
ALLERGAN INC COM 018490102 30368 427599 SH DEFINED 1 403384 0 24215
ALTERA CORP COM 021441100 2 40 SH DEFINED 1 40 0 0
AMERICAN TOWER CORP CL A 029912201 28788 555552 SH DEFINED 1 523238 0 32314
AMERISOURCEBERGEN CORP COM 03073E105 20078 507536 SH DEFINED 1 448268 0 59268
AMPHENOL CORP NEW CL A 032095101 30026 551976 SH DEFINED 1 522620 0 29356
ANALOG DEVICES INC COM 032654105 61 1543 SH DEFINED 1 355 0 1188
APACHE CORP COM 037411105 54 414 SH DEFINED 1 82 0 332
APPLE INC COM 037833100 2 6 SH DEFINED 1 6 0 0
ARM HLDGS PLC SPONSORED ADR 042068106 47 1655 SH DEFINED 1 1655 0 0
ASML HOLDING N V NY REG SHS N07059186 69 1545 SH DEFINED 1 1545 0 0
AT&T INC COM 00206R102 22886 747636 SH DEFINED 1 658941 0 88695
ATMOS ENERGY CORP COM 049560105 5 150 SH DEFINED 1 150 0 0
BARD C R INC COM 067383109 29738 299300 SH DEFINED 1 282328 0 16972
BAXTER INTL INC COM 071813109 20 369 SH DEFINED 1 175 0 194
BECTON DICKINSON & CO COM 075887109 25716 322979 SH DEFINED 1 303732 0 19247
BED BATH & BEYOND INC COM 075896100 39 800 SH DEFINED 1 800 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 640 7650 SH DEFINED 1 7650 0 0
BHP BILLITON LTD SPONSORED ADR 088606108 301 3144 SH DEFINED 1 3002 0 142
BLACKROCK INC COM 09247X101 22254 110709 SH DEFINED 1 97942 0 12767
BMC SOFTWARE INC COM 055921100 29350 590076 SH DEFINED 1 557321 0 32755
BROADCOM CORP CL A 111320107 27224 691298 SH DEFINED 1 653276 0 38022
BROWN FORMAN CORP CL B 115637209 20 300 SH DEFINED 1 300 0 0
BUNGE LIMITED COM G16962105 24717 341719 SH DEFINED 1 323004 0 18715
CAE INC COM 124765108 255 19190 SH DEFINED 1 19190 0 0
CANADIAN NAT RES LTD COM 136385101 370 7490 SH DEFINED 1 7226 0 264
CANON INC ADR 138006309 61 1405 SH DEFINED 1 1405 0 0
CATERPILLAR INC DEL COM 149123101 20435 183527 SH DEFINED 1 161288 0 22239
CELGENE CORP COM 151020104 335 5825 SH DEFINED 1 5591 0 234
CERNER CORP COM 156782104 3 25 SH DEFINED 1 25 0 0
CGG VERITAS SPONSORED ADR 204386106 65 1785 SH DEFINED 1 1785 0 0
CHECK POINT SOFTWARE TECH LT ORD M22465104 31056 608342 SH DEFINED 1 574878 0 33464
CHEVRON CORP NEW COM 166764100 26296 244639 SH DEFINED 1 213710 0 30929
CHINA LODGING GROUP LTD SPONSORED ADR 16949N109 31 1805 SH DEFINED 1 1805 0 0
CISCO SYS INC COM 17275R102 66 3849 SH DEFINED 1 1995 0 1854
CME GROUP INC COM 12572Q105 24640 81710 SH DEFINED 1 77345 0 4365
CNH GLOBAL N V SHS NEW N20935206 39 800 SH DEFINED 1 800 0 0
COACH INC COM 189754104 353 6782 SH DEFINED 1 6495 0 287
COCA COLA CO COM 191216100 22578 339110 SH DEFINED 1 298151 0 40959
COLGATE PALMOLIVE CO COM 194162103 123 1525 SH DEFINED 1 1525 0 0
CONTINENTAL RESOURCES INC COM 212015101 16766 234592 SH DEFINED 1 221542 0 13050
COOPER INDUSTRIES PLC SHS G24140108 402 6201 SH DEFINED 1 5942 0 259
COSTCO WHSL CORP NEW COM 22160K105 30020 409437 SH DEFINED 1 386447 0 22990
CREE INC COM 225447101 2 35 SH DEFINED 1 35 0 0
CTC MEDIA INC COM 12642X106 33 1400 SH DEFINED 1 1400 0 0
CULLEN FROST BANKERS INC COM 229899109 19450 329555 SH DEFINED 1 290299 0 39256
DENDREON CORP COM 24823Q107 45 1200 SH DEFINED 1 1200 0 0
DIAGEO P L C SPON ADR NEW 25243Q205 51 664 SH DEFINED 1 160 0 504
DISNEY WALT CO COM DISNEY 254687106 408 9475 SH DEFINED 1 9101 0 374
DOLLAR GEN CORP NEW COM 256677105 2 70 SH DEFINED 1 70 0 0
DONALDSON INC COM 257651109 33194 541592 SH DEFINED 1 510494 0 31098
E HOUSE CHINA HLDGS LTD ADR 26852W103 33 2785 SH DEFINED 1 2785 0 0
E M C CORP MASS COM 268648102 36373 1369477 SH DEFINED 1 1294233 0 75244
ECOLAB INC COM 278865100 29039 568200 SH DEFINED 1 535637 0 32563
EMBRAER S A SP ADR REP 4 COM 29082A107 50 1480 SH DEFINED 1 1480 0 0
EMERSON ELEC CO COM 291011104 46741 799944 SH DEFINED 1 735698 0 64246
EQT CORP COM 26884L109 21100 422833 SH DEFINED 1 370073 0 52760
EXELON CORP COM 30161N101 29 694 SH DEFINED 1 185 0 509
EXFO INC SUB VTG SHS 302046107 164 15045 SH DEFINED 1 15045 0 0
EXPEDIA INC DEL COM 30212P105 2 100 SH DEFINED 1 100 0 0
EXPEDITORS INTL WASH INC COM 302130109 102 2040 SH DEFINED 1 2040 0 0
EXPRESS SCRIPTS INC COM 302182100 31051 558381 SH DEFINED 1 526339 0 32042
FEDEX CORP COM 31428X106 3 30 SH DEFINED 1 30 0 0
FLIR SYS INC COM 302445101 15834 457493 SH DEFINED 1 437695 0 19798
FOCUS MEDIA HLDG LTD SPONSORED ADR 34415V109 40 1315 SH DEFINED 1 1315 0 0
FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106 35 590 SH DEFINED 1 590 0 0
FTI CONSULTING INC COM 302941109 73 1900 SH DEFINED 1 1900 0 0
GILEAD SCIENCES INC COM 375558103 28870 679778 SH DEFINED 1 641175 0 38603
GOLDMAN SACHS GROUP INC COM 38141G104 38 240 SH DEFINED 1 170 0 70
GOODRICH CORP COM 382388106 329 3849 SH DEFINED 1 3689 0 160
GOOGLE INC CL A 38259P508 41950 71494 SH DEFINED 1 67590 0 3904
HALLIBURTON CO COM 406216101 7 143 SH DEFINED 1 143 0 0
HARRY WINSTON DIAMOND CORP COM 41587B100 39 2420 SH DEFINED 1 2420 0 0
HERBALIFE LTD COM USD SHS G4412G101 17483 214879 SH DEFINED 1 202190 0 12689
HEWLETT PACKARD CO COM 428236103 31 756 SH DEFINED 1 175 0 581
HOME DEPOT INC COM 437076102 41 1100 SH DEFINED 1 1100 0 0
HSBC HLDGS PLC SPON ADR NEW 404280406 53 1015 SH DEFINED 1 1015 0 0
ILLINOIS TOOL WKS INC COM 452308109 28281 524884 SH DEFINED 1 494793 0 30091
IMAX CORP COM 45245E109 52 1615 SH DEFINED 1 1615 0 0
INTEL CORP COM 458140100 365 18084 SH DEFINED 1 17305 0 779
INTERNATIONAL BUSINESS MACHS COM 459200101 53444 327737 SH DEFINED 1 301801 0 25936
INTUIT COM 461202103 31228 587998 SH DEFINED 1 554679 0 33319
ISHARES TR DJ OIL EQUIP 464288844 98 1450 SH DEFINED 1 1450 0 0
ISHARES TR MSCI EAFE INDEX 464287465 506 8425 SH DEFINED 1 8425 0 0
ISHARES TR MSCI EMERG MKT 464287234 326 6705 SH DEFINED 1 6705 0 0
ISHARES TR US PFD STK IDX 464288687 266 6713 SH DEFINED 1 6713 0 0
ITT CORP NEW COM 450911102 20921 347679 SH DEFINED 1 331933 0 15746
JACOBS ENGR GROUP INC DEL COM 469814107 300 5841 SH DEFINED 1 5629 0 212
JDS UNIPHASE CORP COM PAR $0.001 46612J507 87 4153 SH DEFINED 1 1070 0 3083
JOHNSON & JOHNSON COM 478160104 59 1000 SH DEFINED 1 1000 0 0
JOHNSON CTLS INC COM 478366107 29393 705727 SH DEFINED 1 666903 0 38824
JPMORGAN CHASE & CO COM 46625H100 19998 433794 SH DEFINED 1 379221 0 54573
JUNIPER NETWORKS INC COM 48203R104 2 50 SH DEFINED 1 50 0 0
KOHLS CORP COM 500255104 337 6346 SH DEFINED 1 6069 0 277
KUBOTA CORP ADR 501173207 57 1220 SH DEFINED 1 1220 0 0
LAUDER ESTEE COS INC CL A 518439104 220 2283 SH DEFINED 1 2193 0 90
LEGGETT & PLATT INC COM 524660107 16203 657617 SH DEFINED 1 576597 0 81020
LONGTOP FINL TECHNOLOGIES LT ADR 54318P108 35 1115 SH DEFINED 1 1115 0 0
LORILLARD INC COM 544147101 19815 208552 SH DEFINED 1 183629 0 24923
MCCORMICK & CO INC COM NON VTG 579780206 16215 339017 SH DEFINED 1 298701 0 40316
MCDONALDS CORP COM 580135101 27605 362791 SH DEFINED 1 341695 0 21096
MCKESSON CORP COM 58155Q103 356 4499 SH DEFINED 1 4136 0 363
MICROCHIP TECHNOLOGY INC COM 595017104 24684 649425 SH DEFINED 1 568162 0 81263
MICROSOFT CORP COM 594918104 21280 838150 SH DEFINED 1 742524 0 95626
MONSANTO CO NEW COM 61166W101 20984 290394 SH DEFINED 1 273473 0 16921
MORGAN STANLEY COM NEW 617446448 41 1490 SH DEFINED 1 1490 0 0
NATIONAL OILWELL VARCO INC COM 637071101 2 30 SH DEFINED 1 30 0 0
NETAPP INC COM 64110D104 2 35 SH DEFINED 1 35 0 0
NEW YORK CMNTY BANCORP INC COM 649445103 22678 1313913 SH DEFINED 1 1159275 0 154638
NEXTERA ENERGY INC COM 65339F101 20168 365895 SH DEFINED 1 321791 0 44104
NIDEC CORP SPONSORED ADR 654090109 31 1430 SH DEFINED 1 1430 0 0
NIKE INC CL B 654106103 26475 349025 SH DEFINED 1 329358 0 19667
NOMURA HLDGS INC SPONSORED ADR 65535H208 22 4240 SH DEFINED 1 960 0 3280
NORFOLK SOUTHERN CORP COM 655844108 30088 434357 SH DEFINED 1 410248 0 24109
NOVO-NORDISK A S ADR 670100205 16853 133852 SH DEFINED 1 116685 0 17167
NUVEEN CA INVT QUALITY MUN F COM 67062A101 28 2300 SH DEFINED 1 2300 0 0
NUVEEN CALIF MUN VALUE FD COM 67062C107 17 2030 SH DEFINED 1 2030 0 0
NUVEEN INSD CALIF PREM INCOM COM 67061X102 22 1625 SH DEFINED 1 1625 0 0
NXP SEMICONDUCTORS N V COM N6596X109 51 1700 SH DEFINED 1 1700 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 49007 467998 SH DEFINED 1 442671 0 25327
OIL SVC HOLDRS TR DEPOSTRY RCPT 678002106 66 400 SH DEFINED 1 400 0 0
OMNICOM GROUP INC COM 681919106 29317 596097 SH DEFINED 1 562406 0 33691
ONEOK INC NEW COM 682680103 18024 269492 SH DEFINED 1 236065 0 33427
PACCAR INC COM 693718108 15807 301887 SH DEFINED 1 266058 0 35829
PAYCHEX INC COM 704326107 19645 625917 SH DEFINED 1 550578 0 75339
PEABODY ENERGY CORP COM 704549104 3 40 SH DEFINED 1 40 0 0
PEPSICO INC COM 713448108 27156 421604 SH DEFINED 1 397298 0 24306
PFIZER INC COM 717081103 22999 1132420 SH DEFINED 1 995443 0 136977
PHILIP MORRIS INTL INC COM 718172109 21346 323568 SH DEFINED 1 284712 0 38856
POTASH CORP SASK INC COM 73755L107 53 892 SH DEFINED 1 240 0 652
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 34 590 SH DEFINED 1 590 0 0
PRAXAIR INC COM 74005P104 44379 436807 SH DEFINED 1 411875 0 24932
PRECISION DRILLING CORP COM 2010 74022D308 361 26610 SH DEFINED 1 26610 0 0
PROCTER & GAMBLE CO COM 742718109 42587 691353 SH DEFINED 1 634798 0 56555
QUALCOMM INC COM 747525103 71072 1296212 SH DEFINED 1 1199764 0 96448
QUEST DIAGNOSTICS INC COM 74834L100 41 705 SH DEFINED 1 155 0 550
RAYTHEON CO COM NEW 755111507 15882 312220 SH DEFINED 1 273193 0 39027
ROBERT HALF INTL INC COM 770323103 13490 440852 SH DEFINED 1 415013 0 25839
ROCKWELL AUTOMATION INC COM 773903109 370 3912 SH DEFINED 1 3750 0 162
ROSS STORES INC COM 778296103 33989 477916 SH DEFINED 1 451343 0 26573
ROYAL DUTCH SHELL PLC SPON ADR B 780259107 178 2430 SH DEFINED 1 2430 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 24278 333210 SH DEFINED 1 293590 0 39620
SCHLUMBERGER LTD COM 806857108 48924 523935 SH DEFINED 1 500651 0 23284
SEADRILL LIMITED SHS G7945E105 21045 583455 SH DEFINED 1 508696 0 74759
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 89 1120 SH DEFINED 1 1120 0 0
SHAW COMMUNICATIONS INC CL B CONV 82028K200 15732 746609 SH DEFINED 1 659411 0 87198
SONY CORP ADR NEW 835699307 47 1480 SH DEFINED 1 1480 0 0
SOUTHERN COPPER CORP COM 84265V105 22126 549448 SH DEFINED 1 483144 0 66304
SPDR SERIES TRUST BRCLYS YLD ETF 78464A417 31 775 SH DEFINED 1 775 0 0
SPREADTRUM COMMUNICATIONS IN ADR 849415203 31 1660 SH DEFINED 1 1660 0 0
ST JUDE MED INC COM 790849103 281 5473 SH DEFINED 1 5246 0 227
STAPLES INC COM 855030102 8 428 SH DEFINED 1 428 0 0
STATE STR CORP COM 857477103 355 7904 SH DEFINED 1 7559 0 345
STRYKER CORP COM 863667101 15441 253605 SH DEFINED 1 238032 0 15573
SXC HEALTH SOLUTIONS CORP COM 78505P100 76 1390 SH DEFINED 1 1390 0 0
SYNGENTA AG SPONSORED ADR 87160A100 66 1015 SH DEFINED 1 1015 0 0
TENARIS S A SPONSORED ADR 88031M109 55 1115 SH DEFINED 1 1115 0 0
TEREX CORP NEW COM 880779103 2 45 SH DEFINED 1 45 0 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 26162 521458 SH DEFINED 1 496491 0 24967
THERMO FISHER SCIENTIFIC INC COM 883556102 270 4852 SH DEFINED 1 4640 0 212
THOMSON REUTERS CORP COM 884903105 15911 405464 SH DEFINED 1 357098 0 48366
TJX COS INC NEW COM 872540109 298 6001 SH DEFINED 1 5756 0 245
UBS AG SHS NEW H89231338 276 15340 SH DEFINED 1 15340 0 0
UNION PAC CORP COM 907818108 22257 225909 SH DEFINED 1 199692 0 26217
UNITED TECHNOLOGIES CORP COM 913017109 29930 353581 SH DEFINED 1 339013 0 14568
US BANCORP DEL COM NEW 902973304 19170 723572 SH DEFINED 1 636249 0 87323
V F CORP COM 918204108 17554 178162 SH DEFINED 1 156620 0 21542
VARIAN MED SYS INC COM 92220P105 27054 399967 SH DEFINED 1 376423 0 23544
VISA INC COM CL A 92826C839 25862 351289 SH DEFINED 1 331276 0 20013
WABCO HLDGS INC COM 92927K102 2 30 SH DEFINED 1 30 0 0
WAL MART STORES INC COM 931142103 22 418 SH DEFINED 1 418 0 0
WALGREEN CO COM 931422109 18 445 SH DEFINED 1 445 0 0
WASTE MGMT INC DEL COM 94106L109 21474 575102 SH DEFINED 1 503850 0 71252
WATERS CORP COM 941848103 18452 212336 SH DEFINED 1 199348 0 12988
WELLS FARGO & CO NEW COM 949746101 27541 868517 SH DEFINED 1 819371 0 49146
WESTERN UN CO COM 959802109 37371 1799293 SH DEFINED 1 1701592 0 97701
YUM BRANDS INC COM 988498101 22425 436451 SH DEFINED 1 384278 0 52173
ZEBRA TECHNOLOGIES CORP CL A 989207105 5 130 SH DEFINED 1 130 0 0