-----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, BIk4s1q15miu0kJxet7mY2wMTuc1bmrdLZKvZcIX9y8/QjakQqsWRFmh9I9XjnAD j13XNrLq3VrZ64LIRzHsMA== 0000948985-08-000008.txt : 20081114 0000948985-08-000008.hdr.sgml : 20081114 20081114165307 ACCESSION NUMBER: 0000948985-08-000008 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080930 FILED AS OF DATE: 20081114 DATE AS OF CHANGE: 20081114 EFFECTIVENESS DATE: 20081114 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIDUCIARY ASSET MANAGEMENT CO /MO CENTRAL INDEX KEY: 0000948985 IRS NUMBER: 541714311 STATE OF INCORPORATION: MO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-05030 FILM NUMBER: 081192468 BUSINESS ADDRESS: STREET 1: 8112 MARYLAND AVE STREET 2: STE 400 CITY: ST. LOUIS STATE: MO ZIP: 63105 BUSINESS PHONE: 3144466700 MAIL ADDRESS: STREET 1: 8112 MARYLAND AVE STE 400 CITY: CLAYTON STATE: MO ZIP: 63105 13F-HR 1 table3q08.txt FAMCO 3Q08 13F UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 09/30/2008 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: Fiduciary Asset Management LLC Address: 8235 Forsyth Boulevard, Suite 700 Clayton, MO 63105 Form 13F File Number: 28-05030 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: Susan L. Steiner Title: Manager, Compliance Phone: 314-446-6700 Signature, Place, and Date of Signing: /s/ Susan L. Steiner Clayton, MO 11/14/08 ___________________________ _______________ __________ [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: 2 Form 13F Information Table Entry Total: 255 Form 13F Information Table Value Total: $ 5,034,359 (thousands) List of Other Included Mangers: No. Form 13F File # Name 02 028-11097 Claymore Advisors, LLC 03 028-11165 IQ Investment Advisers, LLC 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 - ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- Abraxas Petroleum Corp COM 003830106 1462 560151 SH Other 02 560151 Adobe Systems COM 00724F101 76097 1927971 SH Sole 1850744 77227 1989 50400 SH Other 02 50400 Aetna COM 00817Y108 255 7070 SH Sole 7070 Aflac COM 001055102 96233 1638013 SH Sole 1581440 56573 1381 23500 SH Other 02 23500 Alliance Bancshares CA COM 01853V107 32 15000 SH Sole 15000 Alliance Holdings GP LP COM 01861G100 16999 848700 SH Other 02 848700 Alliance Resource Partners COM 01877r108 2614 82935 SH Other 03 82935 AllianceBernstein Holding LP COM 01881G106 765 20682 SH Sole 20682 Amazon Com COM 023135106 895 12300 SH Other 02 12300 America Movil SA DE CV COM 02364w105 276 5951 SH Sole 5951 American Int'l Group COM 026874107 9 2600 SH Sole 2600 39 11700 SH Other 02 11700 Amerigas Partners LP COM 030975106 3278 107714 SH Other 03 107714 Amgen COM 031162100 343 5790 SH Sole 5790 Anheuser Busch COM 035229103 596 9180 SH Sole 9180 Apache COM 037411105 40026 383829 SH Sole 359466 24363 1001 9600 SH Other 02 9600 Apple Inc COM 037833100 84422 742756 SH Sole 712950 29806 1137 10000 SH CALL Sole 10000 1614 14200 SH Other 02 14200 AT&T Inc COM 00206R102 79285 2839713 SH Sole 2736867 102846 2638 94500 SH Other 02 94500 Atlas Energy Resources LLC COM 049303100 3328 129000 SH Other 03 129000 Atlas Pipeline Holdings LP COM 04939r108 2493 103435 SH Sole 103435 2797 116065 SH Other 03 116065 Atlas Pipeline Partners UTS COM 049392103 2521 98900 SH Other 02 98900 Bank of America COM 060505104 82525 2357869 SH Sole 2310343 47526 1736 49600 SH Other 02 49600 Best Buy COM 086516101 42927 1144713 SH Sole 1104768 39945 1222 32600 SH Other 02 32600 Boardwalk Pipeline Partners COM 096627104 41 2000 SH Sole 2000 5778 280490 SH Other 03 280490 Boeing COM 097023105 108 1890 SH Sole 1890 1027 17900 SH Other 02 17900 BreitBurn Energy Partners LP COM 106776107 13405 902123 SH Other 02 03 902123 Buckeye Partners L.P. COM 118230101 1672 45091 SH Sole 45091 3734 100670 SH Other 03 100670 Burlington Northern COM 12189T104 7872 85170 SH Sole 85170 Calumet Specialty Products LP COM 131476103 265 21488 SH Other 03 21488 Caterpillar COM 149123101 63917 1072425 SH Sole 1022052 50373 1573 26400 SH Other 02 26400 CEF Ishares Tr S&P COM 464287309 1843 32450 SH Sole 32450 Charles Schwab Corp. COM 808513105 22 860 SH Sole 860 1097 42200 SH Other 02 42200 Cheniere Energy Partners LP COM 16411Q101 2258 324952 SH Other 03 324952 Chevron Corp COM 166764100 104865 1271401 SH Sole 1223830 47571 1914 23200 SH Other 02 23200 Cisco Systems COM 17275R102 83248 3690080 SH Sole 3532429 157651 1532 67900 SH Other 02 67900 Coca Cola COM 191216100 52381 990570 SH Sole 990570 952 18000 SH Other 02 18000 Cohen & Steers Closed-End Opp. COM 19248p106 112 10000 SH Sole 10000 ConocoPhillips COM 20825c104 69650 950860 SH Sole 916586 34274 Constellation Energy Partners COM 21038E101 163 14157 SH Other 03 14157 Copano Energy LLC COM 217202100 9144 373848 SH Sole 373848 43923 1795698 SH Other 02 03 1795698 Corning COM 219350105 11 680 SH Sole 680 820 52400 SH Other 02 52400 Coventry Health Care COM 222862104 73693 2263979 SH Sole 2178970 85009 1566 48100 SH Other 02 48100 Crosstex Energy L.P. COM 22765U102 13602 744918 SH Other 02 03 744918 CVS/Caremark Corp COM 126650100 74833 2223194 SH Sole 2143142 80052 1192 35400 SH Other 02 35400 DCP Midstream Partners LP COM 23311p100 8274 489027 SH Sole 489027 11715 692370 SH Other 02 03 692370 Deere & Co. COM 244199105 49959 1009274 SH Sole 978438 30836 1718 34700 SH Other 02 34700 Duncan Energy Partners LP COM 265026104 844 52890 SH Other 03 52890 Eagle Rock Energy Partners LP COM 26985R104 1783 169308 SH Other 03 169308 Ebay COM 278642103 26 1170 SH Sole 1170 604 27000 SH Other 02 27000 El Paso Pipeline Partners, LP COM 283702108 8495 528653 SH Sole 528653 11495 715300 SH Other 02 03 715300 EMC COM 268648102 66203 5535357 SH Sole 5282435 252922 1367 114300 SH Other 02 114300 Emerson Electric COM 291011104 86509 2120836 SH Sole 2040571 80265 1799 44100 SH Other 02 44100 Enbridge Energy Management LP COM 29250x103 5748 137292 SH Sole 137292 4908 117215 SH Other 03 117215 Enbridge Energy Partners L.P. COM 29250R106 10744 270094 SH Sole 270094 29727 747275 SH Other 02 03 747275 Encore Energy Partners LP COM 29257A106 1091 50000 SH Other 03 50000 Energy Transfer Equity, L.P. COM 29273V100 586 26965 SH Sole 26965 6622 304457 SH Other 03 304457 Energy Transfer Partners LP COM 29273r109 7778 211190 SH Sole 211190 58949 1600580 SH Other 02 03 1600580 Enterprise Products Partners L COM 293792107 9573 371478 SH Sole 371478 26552 1030360 SH Other 02 03 1030360 EV Energy Partner LP COM 26926V107 6612 347986 SH Sole 347986 6360 334715 SH Other 02 03 334715 Exterran Partners LP COM 30225N105 1513 100000 SH Sole 100000 590 39000 SH Other 03 39000 Exxon Mobil COM 30231G102 1245 16035 SH Sole 16029 6 FedEx Corp. COM 31428x106 3820 48330 SH Sole 48330 Ferrellgas Partners L.P. COM 315293100 2208 120675 SH Other 03 120675 Fiduciary/Claymore Dynamic Equ COM 31647T100 125 11689 SH Sole 11689 Fiduciary/Claymore MLP Opportu COM 31647Q106 395 21307 SH Sole 21307 Financial Select Sector SPDR COM 81369y605 537 27000 SH Sole 27000 First Solar, Inc COM 336433107 2148 11372 SH Sole 5390 5982 567 3000 SH Other 02 3000 Freeport McMoRan Copper COM 35671D857 28419 499900 SH Sole 499900 1052 18500 SH Other 02 18500 Genentech COM 368710406 4582 51670 SH Sole 51670 General Dynamics COM 369550108 577 7836 SH Sole 7836 General Electric Co. COM 369604103 85665 3359404 SH Sole 3207770 151634 1657 65000 SH Other 02 65000 Genesis Energy LP COM 371927104 1512 105815 SH Sole 105815 7580 530415 SH Other 02 03 530415 Gilead Sciences COM 375558103 107135 2347909 SH Sole 2266895 81014 1059 23200 SH Other 02 23200 Global Partners LP COM 37946r109 41 4345 SH Sole 4345 2562 270302 SH Other 02 03 270302 Goldman Sachs Group COM 38141g104 56941 444854 SH Sole 425049 19805 832 6500 SH Other 02 6500 Google Inc. COM 38259P508 80271 200416 SH Sole 193024 7392 1362 3400 SH Other 02 3400 Hewlett-Packard COM 428236103 104116 2251651 SH Sole 2156699 94952 1614 34900 SH Other 02 34900 Hiland Holdings GP LP COM 43129m107 1029 50000 SH Sole 50000 Hiland Partners LP COM 431291103 2368 65225 SH Sole 65225 10110 278505 SH Other 02 278505 Holly Energy Partners LP COM 435763107 13102 436139 SH Other 02 03 436139 Honeywell COM 438516106 94938 2284907 SH Sole 2196441 88466 2065 49700 SH Other 02 49700 Inergy Holdings LP COM 45661Q107 12 460 SH Sole 460 13334 522900 SH Other 02 522900 Inergy LP COM 456615103 7739 357810 SH Sole 357810 9667 446935 SH Other 02 03 446935 Intel COM 458140100 75238 4016977 SH Sole 3828787 188190 1607 85800 SH Other 02 85800 Intl Business Machines COM 459200101 90719 775638 SH Sole 747868 27770 2094 17900 SH Other 02 17900 IShares Russell 1000 Growth In COM 464287614 1359 28000 SH Sole 28000 IShares Russell 2000 Index COM 464287655 5644 83000 SH CALL Sole 83000 IShares S&P SmallCap 600 COM 464287804 10514 176670 SH Sole 176670 J.P. Morgan Chase COM 46625H100 131729 2820745 SH Sole 2683903 136842 2195 47000 SH Other 02 47000 Johnson & Johnson COM 478160104 97998 1414521 SH Sole 1358904 55617 Kinder Morgan Energy Partners COM 494550106 11648 223863 SH Sole 223863 21559 414348 SH Other 02 414348 Kinder Morgan Management LLC COM 49455U100 1314 26710 SH Sole 26710 41362 840683 SH Other 02 03 840683 Legacy Reserves LP COM 524707304 792 46143 SH Other 03 46143 Lehman Brothers Holdings Inc. COM 524908100 9 39600 SH Other 02 39600 Linn Energy LLC - Units COM 536020100 10001 653652 SH Other 02 03 653652 Magellan Midstream Holdings LP COM 55907R108 6106 355395 SH Sole 355395 Magellan Midstream Partners L. COM 559080106 432 13340 SH Sole 13340 47577 1468426 SH Other 02 03 1468426 Markwest Energy Partners LP COM 570759100 8233 325660 SH Sole 325660 7476 295724 SH Other 02 03 295724 Martin Midstream Partners LP COM 573331105 678 33561 SH Other 03 33561 McDonalds Corp COM 580135101 110498 1790887 SH Sole 1710802 80085 771 12500 SH CALL Sole 12500 1314 21300 SH Other 02 21300 Medtronic COM 585055106 951 18990 SH Sole 18990 MEMC Electronics COM 552715104 15705 555723 SH Sole 525996 29727 1297 45900 SH Other 02 45900 MGM Mirage COM 552953101 11 400 SH Sole 400 1111 39000 SH Other 02 39000 Microsoft COM 594918104 11322 424193 SH Sole 342898 81295 1201 45000 SH Other 02 45000 Monsanto COM 61166W101 63005 636542 SH Sole 611728 24814 911 9200 SH Other 02 9200 Natural Resource Partners LP COM 63900p103 96 3805 SH Sole 3805 7626 301075 SH Other 02 03 301075 Nike Class B COM 654106103 6273 93760 SH Sole 93760 870 13000 SH Other 02 13000 Nordstrom COM 655664100 64649 2243196 SH Sole 2196055 47141 1418 49200 SH Other 02 49200 NuStar GP Holdings LLC COM 67059L102 2147 122700 SH Sole 122700 4268 243900 SH Other 02 243900 NuStar LP COM 67058H102 286 6732 SH Sole 6732 4051 95380 SH Other 03 95380 Oneok Partners LP COM 68268N103 594 11700 SH Sole 11700 9824 193650 SH Other 03 193650 Oracle COM 68389X105 60431 2975442 SH Sole 2877772 97670 1749 86100 SH Other 02 86100 OSG America, L.P. COM 671028108 530 60000 SH Other 03 60000 Penn Virginia Resources LP COM 707884102 1603 97215 SH Other 03 97215 Pepsico COM 713448108 131704 1847965 SH Sole 1766099 81866 1860 26100 SH Other 02 26100 Pfizer COM 717081103 373 20238 SH Sole 20238 Philip Morris Intl COM 718172109 262 5448 SH Sole 5448 851 17700 SH Other 02 17700 Pioneer Southwest Energy Partn COM 72388b106 498 30000 SH Other 02 30000 Plains All American Pipeline L COM 726503105 15400 388700 SH Sole 388700 56378 1422970 SH Other 02 03 1422970 Powershares DB US Dollar Index COM 73936d107 10949 447985 SH Sole 447985 Powershares QQQ Trust COM 73935A104 372 9568 SH Sole 9568 Procter & Gamble COM 742718109 77928 1118214 SH Sole 1095669 22545 Qualcomm COM 747525103 310 7205 SH Sole 7205 670 15600 SH Other 02 15600 Quest Diagnostics COM 74834l100 297 5755 SH Sole 5755 Quest Energy Partners L.P. COM 74836b209 197 29360 SH Other 03 29360 Regency Energy Partners LP COM 75885y107 81 4400 SH Sole 4400 2657 144875 SH Other 03 144875 Rockwell Collins COM 774341101 15 320 SH Sole 320 1496 31100 SH Other 02 31100 S&P Depository Receipts COM 78462F103 853519 7358555 SH Sole 7357847 708 7423 64000 SH CALL Sole 64000 4640 40000 SH Other 02 40000 2320 20000 SH CALL Other 02 20000 S&P Midcap 400 Spy COM 595635103 10976 83279 SH Sole 83279 7908 60000 SH CALL Sole 60000 Schlumberger COM 806857108 118952 1523263 SH Sole 1458697 64566 1343 17200 SH Other 02 17200 SemGroup Energy Partners LP COM 81662W108 411 58830 SH Other 03 58830 Spectra Energy Partners LP COM 84756N109 5786 304517 SH Sole 304517 3205 168710 SH Other 03 168710 State Street Corp. COM 857477103 384 6745 SH Sole 6745 StoneMor Partners LP COM 86183Q100 2646 183105 SH Other 02 183105 Suburban Propane Partners L.P. COM 864482104 1642 48891 SH Other 03 48891 Sunoco Logistics Partners LP COM 86764L108 3163 71485 SH Other 03 71485 SunPower Corporation COM 867652109 333 4700 SH Other 02 4700 T. Rowe Price Group COM 74144t108 6950 129390 SH Sole 129390 822 15300 SH Other 02 15300 Targa Resources Partners LP COM 87611x105 459 26963 SH Sole 26963 5387 316503 SH Other 02 03 316503 Target COM 87612E106 80384 1638825 SH Sole 1570692 68133 1928 39300 SH Other 02 39300 TC Pipelines LP COM 87233Q108 5016 162115 SH Sole 162115 2754 89025 SH Other 03 89025 Technology Sel Sec SPDR COM 81369Y803 ? 42909 SH Sole 42909 Teekay LNG Partners LP COM Y8564M105 1800 114665 SH Other 02 03 114665 Teekay Offshore Partners, L.P. COM y8565J101 51 4410 SH Sole 4410 180 15603 SH Other 02 15603 Teppco Partners L.P. COM 872384102 8939 342105 SH Sole 342105 5041 192910 SH Other 03 192910 TJX Companies COM 872540109 6957 227942 SH Sole 227942 TransMontaigne Partners L.P. COM 89376V100 430 20496 SH Other 03 20496 Transocean Offshore COM g90073100 1219 11100 SH Sole 11100 United Technologies COM 913017109 101378 1687949 SH Sole 1615115 72834 961 16000 SH CALL Sole 16000 1688 28100 SH Other 02 28100 US Bancorp COM 902973304 114929 3190691 SH Sole 3031039 159652 1996 55400 SH Other 02 55400 Valero Energy COM 91913y100 35566 1173800 SH Sole 1173800 936 30900 SH Other 02 30900 Vanguard Natural Resources COM 92205F106 214 18233 SH Other 03 18233 Verizon Comm. COM 92343v104 21 656 SH Sole 656 892 27800 SH Other 02 27800 Wachovia COM 929903102 68 19400 SH Other 02 19400 Walt Disney COM 254687106 21 700 SH Sole 700 1221 39800 SH Other 02 39800 Wells Fargo COM 949746101 53984 1438412 SH Sole 1389733 48679 1839 49000 SH Other 02 49000 Western Gas Partners LP COM 958254104 2640 200000 SH Other 02 200000 Williams Companies COM 969457100 2003 84700 SH Other 02 84700 Williams Partners LP COM 96950F104 792 30630 SH Sole 30630 13537 523685 SH Other 02 03 523685 Williams Pipeline Partners LP COM 96950k103 5512 394845 SH Sole 394845 3474 248840 SH Other 02 03 248840 Wyeth COM 983024100 361 9781 SH Sole 9781
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