13F-HR 1 shikiar1q1213f.txt 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 31,2012 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ x] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Shikiar Asset Management, Inc. Address: 1633 Broadway 9th Floor New York, NY 10019 13F File FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 70 Form 13F Information Table Value Total: $176645 (x1000) List of Other Included Managers: 0 No. 13F File Number Name Number: 028-07060 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 submission. Person Signing this Report on Behalf of Reporting Manager: Name: Stuart A. Shikiar Title: President Phone: 212-888-6565 Signature, Place, and Date of Signing: Stuart A. Shikiar New York, New York April 27, 2012 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: 0 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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- ASBC CAP TR I ORIG SEC QTLY 7. PFD 00209E207 1925 75850 SH SOLE 75850 ASSOCIATED BANC-CORP PFD STK S PFD 045488202 340 12700 SH SOLE 12700 BAC CAP TR II GTD CAP SECS 7% PFD 055188205 1731 69400 SH SOLE 69400 CITIGROUP CAP VIII SECS 6.95% PFD 17306R204 1012 40500 SH SOLE 40300 CITIGROUP CAP XII TR PFD 03-30 PFD 17315D204 895 34950 SH SOLE 34950 CITIGROUP INC TANGIBLE DIV ENH PFD 172967416 4053 39150 SH SOLE 39050 GENERAL MTRS CO JR PFD CONV SE PFD 37045V209 3170 75750 SH SOLE 75550 GOODYEAR TIRE & RUBBER PFD 5.8 PFD 382550309 418 10100 SH SOLE 10100 JPMORGAN CHASE SER Z 8% PFD 48124G104 2296 88700 SH SOLE 88700 LEXINGTON REALTY TR PFD SER B PFD 529043200 1011 40100 SH SOLE 39900 MORGAN STANLEY CAP 5.75% PFD 617466206 1159 48550 SH SOLE 48550 PRIVATEBANCORP 10% PFD 74272L208 2638 99650 SH SOLE 99350 REGIONS FING TR III 8.875% PFD 7591EM107 1151 45050 SH SOLE 44850 ZIONS BANCORP PREFERRED 9.5% PFD 989701503 3527 135300 SH SOLE 135100 psusEXL.PRB PFD 375 14900 SH SOLE 14700 ALPHA NATURAL RESOURCES SR NT CONV 02076XAA0 446 500000 PRN SOLE 500000 ALCOA COM 013817101 2462 245700 SH SOLE 245100 ANADARKO PETROLEUM COM 032511107 9165 116985 SH SOLE 116885 APPLE COM 037833100 26488 44179 SH SOLE 44179 BANK OF AMERICA COM 060505104 574 60000 SH SOLE 60000 BEARD COM 07384R408 2 18050 SH SOLE 18050 BERKSHIRE HATHAWAY DEL CL A COM 084670108 366 3 SH SOLE 3 BLACKHAWK CAP GROUP BDC COM 09236T103 2 24000 SH SOLE 24000 BRISTOL MYERS SQUIBB COM 110122108 262 7750 SH SOLE 7750 BUCKEYE PARTNERS L.P COM 118230101 306 5000 SH SOLE 5000 CARDINAL HEALTH COM 14149Y108 2745 63675 SH SOLE 63675 CHESAPEAKE ENERGY COM 165167107 1791 77280 SH SOLE 77280 CHESAPEAKE MIDSTREAM PARTNERS COM 16524K108 6798 228725 SH SOLE 228225 CITIGROUP INC. COM 172967424 1601 43800 SH SOLE 43800 CITY NATIONAL COM 178566105 283 5400 SH SOLE 5400 COSTCO WHSL COM 22160K105 318 3500 SH SOLE 3500 DEAN FOODS CO COM 242370104 151 12500 SH SOLE 12500 DENBURY RES INC COM NEW COM 247916208 3708 203400 SH SOLE 203400 ENTERPRISE PRDS PARTNERS LP COM 293792107 252 5000 SH SOLE 5000 EXXON COM 30231G102 729 8400 SH SOLE 8400 FREEPORT MCMORAN COM 35671D857 5721 150400 SH SOLE 150300 GLOBAL ECOLOGY CORP COM COM 37950A109 3 250000 SH SOLE 250000 HESS COM 42809H107 1273 21600 SH SOLE 21600 INCYTE COM 45337C102 4178 216500 SH SOLE 216500 INTERNATIONAL PAPER COM 460146103 4103 116900 SH SOLE 116700 JPMORGAN CHASE COM 46625H100 4616 100400 SH SOLE 100400 KINDER MORGAN ENERGY PARTNERS COM 494550106 455 5500 SH SOLE 5500 KKR FINANCIAL HLDGS LLC COM COM 48248A306 309 33500 SH SOLE 33500 LEXINGTON REALTY TR COM 529043101 3930 437150 SH SOLE 436150 LINC ENERGY COM Q5562Z103 354 300000 SH SOLE 300000 LINN ENERGY COM 536020100 9560 250600 SH SOLE 250400 MACYS COM 55616P104 3611 90900 SH SOLE 90800 MERCK COM 589331107 4084 106350 SH SOLE 106250 MGM MIRAGE COM 552953101 402 29500 SH SOLE 29500 MORGAN STANLEY COM 617446448 1178 60000 SH SOLE 60000 NEW YORK COMMUNITY BANCORP COM 649445103 2171 156100 SH SOLE 155700 NOVAGOLD RES INC COM NEW COM 66987E206 90 12500 SH SOLE 12500 NUCOR COM 670346105 4679 108950 SH SOLE 108950 OPKO HEALTH INC COM COM 68375N103 95 20000 SH SOLE 20000 ORACLE COM 68389X105 2454 84150 SH SOLE 83950 PETROQUEST ENERGY COM 716748108 74 12000 SH SOLE 12000 QEP RESOURCES COM 74733V100 2129 69800 SH SOLE 69800 SANDRIDGE MISSISSIPPIAN TR I U COM 80007T101 314 10550 SH SOLE 10550 SANDRIDGE PERMIAN TRUST COM 80007A102 436 18700 SH SOLE 18700 SEACUBE CONTAINER LEASING LTD COM G79978105 969 56350 SH SOLE 55950 SOMAXON PHARMACEUTICALS COM 834453102 8 15000 SH SOLE 15000 SPDR GOLD TRUST COM 78463V107 12641 77975 SH SOLE 77925 TEVA PHARMACEUTICAL COM 881624209 9531 211525 SH SOLE 211325 ULTRALIFE BATTERIES COM 903899102 495 95500 SH SOLE 95500 VERIZON COMMUNICATIONS COM 92343V104 298 7800 SH SOLE 7800 VIROPHARMA COM 928241108 4811 160000 SH SOLE 160000 VITACOST COM INC COM 92847A200 80 10000 SH SOLE 10000 WEBMD COM 94770V102 205 8000 SH SOLE 8000 WESTERN GAS PARTNERS COM 958254104 4465 96750 SH SOLE 96550 WYNN RESORTS COM 983134107 2772 22200 SH SOLE 22200