N-Q 1 dnq.htm FORM N-Q Form N-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number: 811-01525

ALLSTATE ASSURANCE COMPANY

SEPARATE ACCOUNT B

(Exact name of Registrant as specified in charter)

3100 Sanders Road, Suite J5B

Northbrook, Illinois 60062

(Address of principal executive offices) (Zip code)

Director of Illinois

Department of Insurance

320 West Washington Street

Springfield, Illinois 62767

(Name and address of agent for service)

Registrant’s telephone number, including area code: (847) 402-5000

Date of fiscal year end: December 31

Date of reporting period: March 31, 2008

1. SCHEDULE OF INVESTMENTS.

(Unaudited)

Allstate Assurance Company Separate Account B

 

March 31, 2008

         
     Number of
Shares		    Market
Value		    % of Net
Assets		  

COMMON STOCKS

         

CAPITAL GOODS

         

Emerson Electric Company

    1,600    $ 82,336   

General Electric Company

    3,900      144,339   

Textron, Inc.

    1,800      99,756   

Tyco Electronics, Ltd.

    1,025      35,178   

Tyco International, Ltd.

    1,025      45,152   
            
        406,761    18.5 %

CONSUMER GOODS

         

Lowe’s Companies, Inc.

    2,000      45,880   

Masco Corporation

    2,300      45,609   

PepsiCo, Inc.

    1,800      129,960   
            
        221,449    10.0 %

CONSUMER SERVICES

         

Wal-Mart Stores, Inc.

    1,600      84,288    3.8 %

ENERGY

         

Dominion Resources, Inc.

    2,500      102,100   

Grant Prideco, Inc.*

    2,100      103,362   

Schlumberger, Ltd.

    1,300      113,100   

Weatherford International, Ltd.*

    1,500      108,705   
            
        427,267    19.4 %

FINANCIAL

         

American Express Company

    2,600      113,672   

Citigroup, Inc.

    1,000      21,420   

J.P. Morgan Chase and Company

    1,000      42,950   
            
        178,042    8.1 %

HEALTH CARE

         

Covidien, Ltd.

    1,025      45,356   

DaVita, Inc.

    1,500      71,640   

Johnson & Johnson

    1,600      103,792   

Medtronic, Inc.

    1,300      62,881   
            
        283,669    12.9 %

1. SCHEDULE OF INVESTMENTS - (continued).

(Unaudited)

Allstate Assurance Company Separate Account B

 

March 31, 2008

         
     Number of
Shares		    Market
Value		    % of Net
Assets		  

COMMON STOCKS - Continued

         

TECHNOLOGY - HARDWARE

         

Cisco Systems, Inc.*

    5,500    $ 132,495   

Intel Corporation

    3,400      72,012   
            
        204,507    9.3 %

TECHNOLOGY - SOFTWARE & SERVICES

         

Microsoft Corporation

    3,800      107,844   

Yahoo!, Inc.*

    3,400      98,362   
            
        206,206    9.2 %

TELECOMMUNICATIONS

         

Corning, Inc.*

    3,400      81,736   

Motorola, Inc.

    2,500      23,250   
            
        104,986    4.8 %
            

TOTAL COMMON STOCK

         2,117,175    96.0 %
            

TOTAL INVESTMENTS

         2,117,175    96.0 %

CASH AND RECEIVABLES LESS LIABILITIES

         88,803    4.0 %
            

TOTAL CONTRACT OWNERS’ EQUITY

       $ 2,205,978    100.0 %
            

* - Non-income producing security

ADR - American Depository Receipt

Item 2. Controls and Procedures.

 

(a) The person acting in the capacity of the Registrant’s Principal Executive Officer and Principal Financial Officer has evaluated the Registrant’s disclosure controls and procedures within 90 days of this filing and has concluded that the Registrant’s disclosure controls and procedures were effective, as of that date, in ensuring that information required to be disclosed by the Registrant in this Form N-Q was timely recorded, processed, summarized, and reported.

 

(b) The person acting in the capacity of the Registrant’s Principal Executive Officer and Principal Financial Officer is not aware of any changes in the Registrant’s internal control over financial reporting that occurred during the Registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the Registrant’s internal control over financial reporting.

Item 3. Exhibits.

The following exhibits are attached to this Form N-Q:

 

(a) Certification pursuant to Rule 30a-2(a) under the Act (17 CFR 270.030a-2(a)), attached hereto as Exhibit 31.

SIGNATURES

Pursuant to the requirements of the Securities and Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Allstate Assurance Company

Separate Account B

 

By (Signature and Title):    /s/ David G. Fussell
  

     David G. Fussell

     Chairman, Board of Managers

     Signing in the capacity of Chief Executive Officer

     and Chief Financial Officer

Date: May 28, 2008

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following person(s) on behalf of the Registrant and in the capacities and on the dates indicated.

 

By (Signature and Title):    /s/ David G. Fussell
  

     David G. Fussell

     Chairman, Board of Managers

     Signing in the capacity of Chief Executive Officer

     and Chief Financial Officer

Date: May 28, 2008