General Counsel

0001140361-16-081935.txt : 20161005 0001140361-16-081935.hdr.sgml : 20161005 20161005140841 ACCESSION NUMBER: 0001140361-16-081935 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20160930 FILED AS OF DATE: 20161005 DATE AS OF CHANGE: 20161005 EFFECTIVENESS DATE: 20161005 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PRIVATE ASSET MANAGEMENT INC CENTRAL INDEX KEY: 0001026200 IRS NUMBER: 330524568 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-03581 FILM NUMBER: 161922021 BUSINESS ADDRESS: STREET 1: 5348 CARROLL CANYON RD STREET 2: #200 CITY: SAN DIEGO STATE: CA ZIP: 92121 BUSINESS PHONE: 6197923800 MAIL ADDRESS: STREET 1: 5348 CARROLL CANYON RD STREET 2: #200 CITY: SAN DIEGO STATE: CA ZIP: 92121 13F-HR 1 primary_doc.xml 13F-HR LIVE false true false 0001026200 XXXXXXXX 09-30-2016 09-30-2016 PRIVATE ASSET MANAGEMENT INC

5348 CARROLL CANYON RD #200 SAN DIEGO CA 92121

13F HOLDINGS REPORT 028-03581 N Michael D. Berlin General Counsel 858-750-4209 /s/ Michael D. Berlin San Diego CA 10-04-2016 0 144 597062 false INFORMATION TABLE 2 form13fInfoTable.xml QUALCOMM INC COMMON STOCK 747525103 50355 735107 SH SOLE None 0 0 735107 GENERAL ELEC CO COMMON STOCK 369604103 23417 790586 SH SOLE None 0 0 790586 CHEVRON CORP COMMON STOCK 166764100 20506 199238 SH SOLE None 0 0 199238 PFIZER INC COMMON STOCK 717081103 18542 547456 SH SOLE None 0 0 547456 EXXON MOBIL CORP COMMON STOCK 30231G102 17543 200997 SH SOLE None 0 0 200997 JOHNSON & JOHNSON COMMON STOCK 478160104 17452 147735 SH SOLE None 0 0 147735 INTEL CORP COMMON STOCK 458140100 16917 448140 SH SOLE None 0 0 448140 MERCK & CO INC COMMON STOCK 58933Y105 16101 257989 SH SOLE None 0 0 257989 J P MORGAN CHASE & CO INC COMMON STOCK 46625H100 15105 226841 SH SOLE None 0 0 226841 HOME DEPOT INC COMMON STOCK 437076102 14221 110516 SH SOLE None 0 0 110516 BANK OF AMERICA CORP COMMON STOCK 060505104 14024 896122 SH SOLE None 0 0 896122 AT&T INC COMMON STOCK 00206R102 13055 321477 SH SOLE None 0 0 321477 APPLE INC COMMON STOCK 037833100 12254 108397 SH SOLE None 0 0 108397 CITIGROUP INC COMMON STOCK 172967424 11949 253005 SH SOLE None 0 0 253005 INTERNATIONAL BUS MACH COMMON STOCK 459200101 11847 74579 SH SOLE None 0 0 74579 VISA INC COMMON STOCK 92826C839 11489 138922 SH SOLE None 0 0 138922 KINDER MORGAN INC COMMON STOCK 49456B101 11447 494915 SH SOLE None 0 0 494915 COLGATE-PALMOLIVE CO. COMMON STOCK 194162103 11413 153939 SH SOLE None 0 0 153939 UNITED TECHNOLOGIES CP COMMON STOCK 913017109 10539 103735 SH SOLE None 0 0 103735 BRISTOL MYERS SQUIBB COMMON STOCK 110122108 9657 179091 SH SOLE None 0 0 179091 COSTCO WHOLESALE CORP COMMON STOCK 22160K105 9162 60074 SH SOLE None 0 0 60074 EMERSON ELEC CO COM COMMON STOCK 291011104 8969 164535 SH SOLE None 0 0 164535 WALT DISNEY COMPANY COMMON STOCK 254687106 8811 94885 SH SOLE None 0 0 94885 MICRON TECHNOLOGY INC. COMMON STOCK 595112103 8700 489325 SH SOLE None 0 0 489325 GILEAD SCIENCES INC. COMMON STOCK 375558103 8682 109728 SH SOLE None 0 0 109728 MICROSOFT CORP COMMON STOCK 594918104 8578 148919 SH SOLE None 0 0 148919 PENTAIR PLC COMMON STOCK 709631105 8230 128106 SH SOLE None 0 0 128106 NOVARTIS AG-ADR COMMON STOCK 66987V109 8146 103172 SH SOLE None 0 0 103172 WELLS FARGO COMPANY COMMON STOCK 949746101 7856 177406 SH SOLE None 0 0 177406 ORACLE CORPORATION COMMON STOCK 68389X105 7649 194735 SH SOLE None 0 0 194735 PEPSICO INC COMMON STOCK 713448108 7585 69733 SH SOLE None 0 0 69733 PROCTER & GAMBLE CO COM COMMON STOCK 742718109 7130 79440 SH SOLE None 0 0 79440 STARBUCKS CORP COMMON STOCK 855244109 6861 126720 SH SOLE None 0 0 126720 EATON CORP PLC COMMON STOCK 086353296 6620 100740 SH SOLE None 0 0 100740 ALPHABET INC-CL C COMMON STOCK 02079K107 6217 7998 SH SOLE None 0 0 7998 BP PLC-ADR COMMON STOCK 055622104 6125 174212 SH SOLE None 0 0 174212 SCHWAB VALUE ADVANTAGE MONEY F OTHER ASSETS 808515605 5492 5491588 SH SOLE None 0 0 5491588 XYLEM INC COMMON STOCK 98419M100 5154 98258 SH SOLE None 0 0 98258 TEVA PHARMACEUTICAL ADR COMMON STOCK 881624209 5119 111258 SH SOLE None 0 0 111258 SOUTHERN CO COMMON STOCK 842587107 4767 92930 SH SOLE None 0 0 92930 CENTERPOINT ENERGY INC COMMON STOCK 15189T107 4697 202213 SH SOLE None 0 0 202213 OCCIDENTAL PETE CP DEL COMMON STOCK 674599105 4684 64230 SH SOLE None 0 0 64230 FLUOR CORP COMMON STOCK 343412102 4279 83380 SH SOLE None 0 0 83380 CISCO SYS INC COMMON STOCK 17275R102 4246 133864 SH SOLE None 0 0 133864 ITRON INC COMMON STOCK 465741106 4196 75255 SH SOLE None 0 0 75255 PACWEST BANCORP COMMON STOCK 695263103 4073 94915 SH SOLE None 0 0 94915 BERKSHIRE HATHAWAY INC. - CL B COMMON STOCK 084670702 3790 26235 SH SOLE None 0 0 26235 WELLTOWER INC COMMON STOCK 95040Q104 3632 48580 SH SOLE None 0 0 48580 REALTY INCOME CORP COMMON STOCK 756109104 3311 49474 SH SOLE None 0 0 49474 FREEPORT-MCMORAN INC COMMON STOCK 35671D857 3173 292174 SH SOLE None 0 0 292174 ALLSTATE CORP COMMON STOCK 020002101 3014 43573 SH SOLE None 0 0 43573 CHINA MOBILE HD ADR F COMMON STOCK 16941M109 2788 45325 SH SOLE None 0 0 45325 AMAZON.COM INC COMMON STOCK 023135106 2743 3276 SH SOLE None 0 0 3276 ALIBABA GROUP HOLDING LTD COMMON STOCK 01609W102 2649 25043 SH SOLE None 0 0 25043 UNION PACIFIC CORP COMMON STOCK 907818108 2564 26288 SH SOLE None 0 0 26288 SUPERIOR ENERGY SERVICES INC COMMON STOCK 868157108 2552 142551 SH SOLE None 0 0 142551 DUKE ENERGY CORP COMMON STOCK 26441C204 2534 31653 SH SOLE None 0 0 31653 TRANSOCEAN INC COMMON STOCK 050546683 2388 224000 SH SOLE None 0 0 224000 AMERICAN ASSETS TRUST CLOSED END EQUITY FUNDS 024013104 2282 52602 SH SOLE None 0 0 52602 AUTODESK COMMON STOCK 052769106 2263 31285 SH SOLE None 0 0 31285 EXPRESS SCRIPTS HOLDING CO COMMON STOCK 30219G108 2054 29125 SH SOLE None 0 0 29125 BERKSHIRE HATHAWAY INC (1/100 COMMON STOCK 008499017 1946 900 SH SOLE None 0 0 900 ALPHABET INC-CL A COMMON STOCK 02079K305 1937 2409 SH SOLE None 0 0 2409 JUNO THERAPEUTICS INC COMMON STOCK 48205A109 1920 63975 SH SOLE None 0 0 63975 DIAGEO PLC NEW- SPON ADR COMMON STOCK 25243Q205 1871 16126 SH SOLE None 0 0 16126 UNDER ARMOUR INC CL C COMMON STOCK 904659307 1814 53563 SH SOLE None 0 0 53563 VALE SA COMMON STOCK 91912E105 1713 311520 SH SOLE None 0 0 311520 SCHWAB GOVT MONEY FUND OTHER ASSETS 808515613 1623 1622885 SH SOLE None 0 0 1622885 PHILIP MORRIS INTL COMMON STOCK 718172109 1604 16498 SH SOLE None 0 0 16498 UNDER ARMOUR INC CL A COMMON STOCK 904311107 1590 41105 SH SOLE None 0 0 41105 VERIZON COMMUNICATIONS COMMON STOCK 92343V104 1450 27903 SH SOLE None 0 0 27903 JP MORGAN PFD 5.45% SER P PREFERRED STOCK 46637G124 1379 51650 SH SOLE None 0 0 51650 ILLUMINA INC COMMON STOCK 452327109 1371 7547 SH SOLE None 0 0 7547 DEVON ENERGY CORPORATION COMMON STOCK 25179M103 1294 29325 SH SOLE None 0 0 29325 BLACKROCK INC COMMON STOCK 09247X101 1288 3553 SH SOLE None 0 0 3553 PANERA BREAD COMPANY -CL A COMMON STOCK 69840W108 1199 6155 SH SOLE None 0 0 6155 SEMPRA ENERGY COMMON STOCK 816851109 1193 11130 SH SOLE None 0 0 11130 DOW CHEM CO COMMON STOCK 260543103 1144 22081 SH SOLE None 0 0 22081 SCHWAB VALUE ADVANTAGE MONEY F OTHER ASSETS 808515761 1100 1100000 SH SOLE None 0 0 1100000 AMERICAN EXPRESS CO COMMON STOCK 025816109 1057 16500 SH SOLE None 0 0 16500 ROYAL DUTCH SHEL ADR A COMMON STOCK 780259206 1036 20692 SH SOLE None 0 0 20692 STRYKER CORP COMMON STOCK 863667101 996 8560 SH SOLE None 0 0 8560 DB CAP TRUST III 7.6% PFD PREFERRED STOCK 25150L108 996 41900 SH SOLE None 0 0 41900 BARCLAYS BK PLC PFD 7.1% PREFERRED STOCK 06739H776 981 38100 SH SOLE None 0 0 38100 RETAIL PROPERTIES OF AMERICA I COMMON STOCK 76131V202 902 53694 SH SOLE None 0 0 53694 ABBVIE INC COMMON STOCK 00287Y109 898 14236 SH SOLE None 0 0 14236 SCHWAB CA MUNI MONEY FD OTHER ASSETS 808508204 753 753229 SH SOLE None 0 0 753229 WYNN RESORTS LTD COMMON STOCK 983134107 744 7635 SH SOLE None 0 0 7635 P G & E CORPORATION COMMON STOCK 69331C108 708 11575 SH SOLE None 0 0 11575 BARCLAYS BK 8.125% PFD PREFERRED STOCK 06739H362 699 26857 SH SOLE None 0 0 26857 DISCOVER FINANCIAL SERVICES COMMON STOCK 254709108 677 11974 SH SOLE None 0 0 11974 NESTLE S A COMMON STOCK 641069406 669 8472 SH SOLE None 0 0 8472 ADAMAS PHARMACEUTICALS INC COMMON STOCK 00548A106 640 39000 SH SOLE None 0 0 39000 HONEYWELL INTL INC COMMON STOCK 438516106 598 5125 SH SOLE None 0 0 5125 EDISON INTERNATIONAL COMMON STOCK 281020107 583 8074 SH SOLE None 0 0 8074 NIKE INC - CL B COMMON STOCK 654106103 553 10506 SH SOLE None 0 0 10506 SOUTHWEST GAS CORP. COMMON STOCK 844895102 545 7800 SH SOLE None 0 0 7800 CARNIVAL CORP CL A COMMON STOCK 143658300 537 11000 SH SOLE None 0 0 11000 ABBOTT LABS COMMON STOCK 002824100 533 12608 SH SOLE None 0 0 12608 ALTRIA GROUP INC COMMON STOCK 02209S103 524 8287 SH SOLE None 0 0 8287 MCDONALDS CORP COMMON STOCK 580135101 512 4440 SH SOLE None 0 0 4440 AIR PRODS & CHEMS INC COMMON STOCK 009158106 496 3300 SH SOLE None 0 0 3300 COCA COLA CO COMMON STOCK 191216100 491 11597 SH SOLE None 0 0 11597 CONOCOPHILLIPS COMMON STOCK 20825C104 453 10421 SH SOLE None 0 0 10421 EQT CORP COMMON STOCK 26884L109 436 6008 SH SOLE None 0 0 6008 LOWE'S COMPANIES COMMON STOCK 548661107 430 5949 SH SOLE None 0 0 5949 SCHLUMBERGER LTD COMMON STOCK 806857108 425 5409 SH SOLE None 0 0 5409 SCHWAB TREASURY VALUE ADV MONE OTHER ASSETS 808515621 400 399802 SH SOLE None 0 0 399802 3M COMPANY COMMON STOCK 88579Y101 377 2138 SH SOLE None 0 0 2138 PUBLIC STORAGE INC. COMMON STOCK 74460D109 353 1580 SH SOLE None 0 0 1580 KB HOME COMMON STOCK 48666K109 344 21325 SH SOLE None 0 0 21325 JM SMUCKER CO/THE-NEW COM COMMON STOCK 832696405 336 2483 SH SOLE None 0 0 2483 VF CORP COMMON STOCK 918204108 335 5971 SH SOLE None 0 0 5971 MCKESSON CORPORATION COMMON STOCK 58155Q103 328 1968 SH SOLE None 0 0 1968 KIMCO REALTY CORP COMMON STOCK 49446R109 322 11138 SH SOLE None 0 0 11138 ENTERPRISE PRD PARTNERS LP COMMON STOCK 293792107 305 11054 SH SOLE None 0 0 11054 NEW YORK COMMUNITY BANK COMMON STOCK 649445103 305 21450 SH SOLE None 0 0 21450 PHILLIPS 66 COMMON STOCK 718546104 302 3749 SH SOLE None 0 0 3749 PUBLIC SVC ENTERPRISE COMMON STOCK 744573106 301 7197 SH SOLE None 0 0 7197 FLOW INTL CORP COMMON STOCK 78469X107 292 9452 SH SOLE None 0 0 9452 AMERIPRISE FINANCIAL INC. COMMON STOCK 03076C106 288 2890 SH SOLE None 0 0 2890 ILLINOIS TOOL WORKS COMMON STOCK 452308109 287 2391 SH SOLE None 0 0 2391 TORONTO-DOMINION BANK COMMON STOCK 891160509 285 6424 SH SOLE None 0 0 6424 KIMBERLY-CLARK CORP COMMON STOCK 494368103 279 2208 SH SOLE None 0 0 2208 AMGEN INC COMMON STOCK 031162100 272 1630 SH SOLE None 0 0 1630 3D SYSTEMS CORP COMMON STOCK 88554D205 269 15000 SH SOLE None 0 0 15000 CATERPILLAR INC COMMON STOCK 149123101 264 2975 SH SOLE None 0 0 2975 MONDELEZ INTERNATIONAL INC COMMON STOCK 609207105 251 5725 SH SOLE None 0 0 5725 LILLY ELI & CO COMMON STOCK 532457108 251 3121 SH SOLE None 0 0 3121 PLAINS ALL AMER PIPELINE LP COMMON STOCK 726503105 244 7770 SH SOLE None 0 0 7770 MAGELLAN MIDSTREAM PARTNERS LP COMMON STOCK 559080106 236 3338 SH SOLE None 0 0 3338 DOMINION RES INC VA COMMON STOCK 25746U109 233 3140 SH SOLE None 0 0 3140 ASHLAND INC. COMMON STOCK 044186104 232 2000 SH SOLE None 0 0 2000 REALTY INCOME CORP 6.625% SER PREFERRED STOCK 756109807 224 8600 SH SOLE None 0 0 8600 AMERICAN ELEC PWR INC COMMON STOCK 025537101 222 3456 SH SOLE None 0 0 3456 NEXTERA ENERGY INC COMMON STOCK 65339F101 217 1776 SH SOLE None 0 0 1776 FIRSTENERGY CORP COMMON STOCK 337932107 205 6186 SH SOLE None 0 0 6186 WELLS FARGO 5.2% PFD PREFERRED STOCK 949746747 205 8100 SH SOLE None 0 0 8100 NORTHRUP GRUMMAN CORP COMMON STOCK 666807102 202 942 SH SOLE None 0 0 942 ITERIS INC COMMON STOCK 46564T107 163 44789 SH SOLE None 0 0 44789 GREENGRO TECHNOLOGIES INC COMMON STOCK 39526G107 16 300000 SH SOLE None 0 0 300000 UBIQUITY INC COMMON STOCK 90350A104 8 31028 SH SOLE None 0 0 31028 E DIGITAL CORP COMMON STOCK 26841Y103 3 46811 SH SOLE None 0 0 46811 BIO-MATRIX SCIENTIFIC GROUP COMMON STOCK 09065C106 0 12500 SH SOLE None 0 0 12500