-----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, VRFLApyicQnzuy/4qpHfzB4+mUojgec9LcGPIkJ3jC9CNpgvV4GedL2q0zsrHGQ0 rptXDpXTsIeZIXFedONfpA== 0001089654-08-000005.txt : 20080509 0001089654-08-000005.hdr.sgml : 20080509 20080509143749 ACCESSION NUMBER: 0001089654-08-000005 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080331 FILED AS OF DATE: 20080509 DATE AS OF CHANGE: 20080509 EFFECTIVENESS DATE: 20080509 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KBW ASSET MANAGEMENT INC CENTRAL INDEX KEY: 0001089654 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-04847 FILM NUMBER: 08817774 BUSINESS ADDRESS: STREET 1: 787 SEVENTH AVENUE STREET 2: 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 201-887-2000 MAIL ADDRESS: STREET 1: 787 SEVENTH AVENUE STREET 2: 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 13F-HR 1 final13f1q08.txt KBWAM 13F 1Q08 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, 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: KBW ASSET MANAGEMENT, INC. Address: 787 Seventh Ave, 6th Floor New York, NY 10019 13F File Number: 28-04847 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: JOHN TOMAO Title: CHIEF ADMINISTRATIVE OFFICER Phone: 212-887-2000 Signature, Place, and Date of Signing: /s/ JOHN TOMAO - ----------------------------------------------- New York, NY May 09, 2008 Report Type (Check only one. ): [ X ] 13F HOLDINGS REPORT [ ] 13F NOTICE [ ] 13F COMBINATION REPORT List of Other Managers Reporting for this Manager: I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934. FORM 13F SUMMARY PAGE - --------------------- Report Summary: Number of Other Included Managers: 2 Form 13F Information Table Entry Total: 64 Form 13F Information Table Value Total: 40,016 (thousands) List of Other Included Managers: No. File Number Name 1. 028-10471 Advantage Advisors, L.L.C. 2. 028-10748 Oppenheimer Asset Management Inc FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 - -------------------------- -------------- --------- --------- ------------------- -------- -------- ----------------------- TITLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MNGRS [SOLE] [SHARED] [NONE] - ----------------------------------------------------------------------------------------------------------------------------- ALLSTATE CORP COM 020002101 1,456 30,300 SH SOLE 30,300 ALLSTATE CORP COM 020002101 577 12,000 SH OTHER 1 & 2 12,000 AMERICAN EXPRESS CO COM 025816109 407 9,300 SH SOLE 9,300 AMERICAN EXPRESS CO COM 025816109 157 3,600 SH OTHER 1 & 2 3,600 ANNALY CAP MGMT INC COM 035710409 859 56,100 SH SOLE 56,100 ANNALY CAP MGMT INC COM 035710409 306 20,000 SH OTHER 1 & 2 20,000 ANWORTH MORTGAGE ASSET CP COM 037347101 479 78,100 SH SOLE 78,100 ANWORTH MORTGAGE ASSET CP COM 037347101 189 30,900 SH OTHER 1 & 2 30,900 ARCH CAP GROUP LTD ORD G0450A105 1,202 17,500 SH SOLE 17,500 ARCH CAP GROUP LTD ORD G0450A105 453 6,600 SH OTHER 1 & 2 12,100 ASTORIA FINL CORP COM 046265104 644 23,700 SH SOLE 23,700 ASTORIA FINL CORP COM 046265104 258 9,500 SH OTHER 1 & 2 9,500 BANK NEW YORK MELLON CORP COM 064058100 1,988 47,651 SH SOLE 47,651 BANK NEW YORK MELLON CORP COM 064058100 746 17,867 SH OTHER 1 & 2 17,867 BANKUNITED FINL CORP CLA 06652B103 388 77,500 SH SOLE 77,500 BANKUNITED FINL CORP CLA 06652B103 157 31,400 SH OTHER 1 & 2 31,400 BENEFICIAL MUTUAL BANCORP COM 08173R104 712 72,000 SH SOLE 72,000 BENEFICIAL MUTUAL BANCORP COM 08173R104 288 29,100 SH OTHER 1 & 2 29,100 BROOKFIELD ASSET MGMT INC CLA 112585104 357 13,300 SH SOLE 13,300 BROOKFIELD ASSET MGMT INC CLA 112585104 131 4,900 SH OTHER 1 & 2 4,900 CAPE BANCORP INC COM 139209100 575 59,000 SH SOLE 59,000 CAPE BANCORP INC COM 139209100 205 21,000 SH OTHER 1 & 2 21,000 CAPSTEAD MTG CORP COM 14067E506 200 17,500 SH SOLE 17,500 CAPSTEAD MTG CORP COM 14067E506 80 7,000 SH OTHER 1 & 2 7,000 EMPLOYERS HLDGS INC COM 292218104 1,687 91,000 SH SOLE 91,000 EMPLOYERS HLDGS INC COM 292218104 675 36,400 SH OTHER 1 & 2 36,400 ESSA BANCORP INC COM 29667D104 521 44,300 SH SOLE 44,300 ESSA BANCORP INC COM 29667D104 203 17,300 SH OTHER 1 & 2 17,300 EZCORP INC CLA 302301106 1,881 152,800 SH SOLE 152,800 EZCORP INC CLA 302301106 747 60,700 SH OTHER 1 & 2 60,700 FBR CAPITAL MARKETS CORP COM 30247C301 126 18,700 SH SOLE 18,700 FBR CAPITAL MARKETS CORP COM 30247C301 85 12,600 SH OTHER 1 & 2 12,600 FRIEDMAN BILLINGS RAMSEY GRP CLA 358434108 107 63,000 SH SOLE 63,000 FRIEDMAN BILLINGS RAMSEY GRP CLA 358434108 40 23,500 SH OTHER 1 & 2 23,500 GLG PARTNERS INC COM 37929X107 1,191 100,300 SH SOLE 100,300 GLG PARTNERS INC COM 37929X107 461 38,800 SH OTHER 1 & 2 38,800 KKR FINANCIAL HLDGS LLC COM 48248A306 1,281 101,200 SH SOLE 101,200 KKR FINANCIAL HLDGS LLC COM 48248A306 510 40,300 SH OTHER 1 & 2 48,365 LEHMAN BROS HLDGS COM 524908100 407 108 SH PUT OTHER 1 & 2 LEHMAN BROS HLDGS COM 524908100 1,024 272 SH PUT SOLE NEWALLIANCE BANCSHARES INC COM 650203102 238 19,400 SH SOLE 19,400 NEWALLIANCE BANCSHARES INC COM 650203102 94 7,700 SH OTHER 1 & 2 7,700 NEWSTAR FINL INC COM 65251F105 1,564 302,000 SH SOLE 302,000 NEWSTAR FINL INC COM 65251F105 631 121,800 SH OTHER 1 & 2 121,800 OCH ZIFF CAP MGMT GRP COM 67551U105 252 12,000 SH SOLE 12,000 OCH ZIFF CAP MGMT GRP COM 67551U105 105 5,000 SH OTHER 1 & 2 5,000 PENNANTPARK INVT CORP COM 708062104 1,784 209,600 SH SOLE 209,600 PENNANTPARK INVT CORP COM 708062104 691 81,200 SH OTHER 1 & 2 81,200 PEOPLES UNITED FINANCIAL INC COM 712704105 2,003 115,700 SH SOLE 115,700 PEOPLES UNITED FINANCIAL INC COM 712704105 845 48,800 SH OTHER 1 & 2 48,800 SELECT SECTOR SPDR TR INT-FINL 81369Y605 1,134 45,600 SH SOLE 45,600 SELECT SECTOR SPDR TR INT-FINL 81369Y605 450 18,100 SH OTHER 1 & 2 18,100 SLM CORP COM 78442P106 467 30,400 SH SOLE 30,400 SLM CORP COM 78442P106 186 12,100 SH OTHER 1 & 2 12,100 SPDR SERIES TRUST - KBW REGL KBW REGL 78464A698 914 26,000 SH SOLE 26,000 SPDR SERIES TRUST - KBW REGL KBW REGL 78464A698 362 10,300 SH OTHER 1 & 2 10,300 UNIONBANCAL CORP COM 908906100 378 7,700 SH SOLE 7,700 UNIONBANCAL CORP COM 908906100 152 3,100 SH OTHER 1 & 2 3,100 UNITED FINL BANCORP INC COM 91030T109 554 50,000 SH SOLE 50,000 UNITED FINL BANCORP INC COM 91030T109 230 20,800 SH OTHER 1 & 2 20,800 US BANCORP DEL COM 902973304 1,656 51,180 SH SOLE 51,180 US BANCORP DEL COM 902973304 657 20,300 SH OTHER 1 & 2 20,300 WESTFIELD FINL INC COM 96008P104 655 67,000 SH SOLE 67,000 WESTFIELD FINL INC COM 96008P104 253 25,900 SH OTHER 1 & 2 25,900
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