13F-HR 1 kl02055_13f-hr.txt FORM 13F-HR UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 12/31/03 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: STRATEGY ASSET MANAGERS LLC. Address: 535 Madison Avenue - 36th Floor New York, New York 10022 Form 13F File Number: 28- --- 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: Reporting Manager: Name: Christopher J. Welch ------------------------- Title: Chief Financial Officer ------------------------- Phone: 212-396-8741 ------------------------- Signature, Place, and Date of Signing: /s/ Christopher J. Welch --------------------------- New York, New York February 10, 2004 Report Type (Check only one): [x] 13F HOLDINGS REPORT [ ] 13F NOTICE [ ] 13F COMBINATION REPORT 1 Form 13F Summary Page Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 113 --- Form 13F Information Table Value Total: 432,253 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. No. NONE 2
------------------------------------------------------------------------------------------------------------------------------------ (ITEM 1:) (ITEM 2) (ITEM 3) (ITEM 4) (ITEM 5) (ITEM 6) (ITEM 7) (ITEM 8) INVESTMENT DISCRETION TITLE FAIR (b) VOTING OF MARKET SHARE-AS (c) AUTHORITY (SHARES) NAME OF ISSUER CLASS CUSIP NO. VALUE SHARES AMOUNT (a) DEFINED IN SHARES OTHER (a) (b) (c) (IN THOUSANDS) PUT/CALL SOLE INSTR.V OTHER MANAGERS SOLE SHARED NONE ------------------------------------------------------------------------------------------------------------------------------------ AETNA INC NEW COM Common Stock 00817y108 4,873 72,100 X 0 0 X 0 0 AETNA LIFE & CAS CO Common Stock 008117103 239 3,530 X 0 0 X 0 0 ALBERTO-CULVER Common Stock 013068101 3,942 62,485 X 0 0 X 0 0 ALCOA INC Common Stock 013817101 6,783 178,504 X 0 0 X 0 0 AMERICAN EXPRESS CO COM Common Stock 025816109 435 9,009 X 0 0 X 0 0 AMERICAN INTERNATIONAL GROUP Common Stock 026874107 589 8,893 X 0 0 X 0 0 AMGEN INC COM Common Stock 031162100 5,017 81,201 X 0 0 X 0 0 ANHEUSER BUSCH COS INC COM Common Stock 035229103 4,287 81,378 X 0 0 X 0 0 AON CORP COM Common Stock 037389103 5,401 225,593 X 0 0 X 0 0 APOLLO GROUP INC CL A Common Stock 037604105 9,482 139,832 X 0 0 X 0 0 APPLIED MATLS INC COM Common Stock 038222105 386 17,200 X 0 0 X 0 0 AUTODESK INC Common Stock 052769106 9,432 383,716 X 0 0 X 0 0 AVENTIS SPONSORED ADR ADR Sponsored 053561106 2,637 39,791 X 0 0 X 0 0 AVON PRODS INC COM Common Stock 054303102 8,057 119,376 X 0 0 X 0 0 BAKER HUGHES INC Common Stock 057224107 5,848 181,846 X 0 0 X 0 0 BANK OF AMERICA CORP Common Stock 060505104 4,012 49,883 X 0 0 X 0 0 BANK OF NEW YORK CO INC Common Stock 064057102 4,630 139,792 X 0 0 X 0 0 BARD CR Common Stock 067383109 4,306 53,000 X 0 0 X 0 0 BEAR STEARNS COS INC COM Common Stock 073902108 4,502 56,314 X 0 0 X 0 0 BED BATH & BEYOND INC COM Common Stock 075896100 3,397 78,358 X 0 0 X 0 0 BOEING INC Common Stock 097023105 5,887 139,701 X 0 0 X 0 0 BOSTON SCIENTIFIC CORP Common Stock 101137107 6,405 174,244 X 0 0 X 0 0 CENTEX CORP COM Common Stock 152312104 3,918 36,393 X 0 0 X 0 0 CERIDIAN Common Stock 15677T106 4,046 193,215 X 0 0 X 0 0 CERIDIAN CORP NEW COM Common Stock 156779100 1,249 59,635 X 0 0 X 0 0 CHEVRONTEXACO CORP COM Common Stock 166764100 510 5,901 X 0 0 X 0 0 CISCO SYSTEMS INC Common Stock 17275R102 5,623 232,049 X 0 0 X 0 0 Page 1 of 5 ------------------------------------------------------------------------------------------------------------------------------------ (ITEM 1:) (ITEM 2) (ITEM 3) (ITEM 4) (ITEM 5) (ITEM 6) (ITEM 7) (ITEM 8) INVESTMENT DISCRETION TITLE FAIR (b) VOTING OF MARKET SHARE-AS (c) AUTHORITY (SHARES) NAME OF ISSUER CLASS CUSIP NO. VALUE SHARES AMOUNT (a) DEFINED IN SHARES OTHER (a) (b) (c) (IN THOUSANDS) PUT/CALL SOLE INSTR.V OTHER MANAGERS SOLE SHARED NONE ------------------------------------------------------------------------------------------------------------------------------------ CITIGROUP INC Common Stock 172967101 7,198 148,293 X 0 0 X 0 0 CITRIX SYS INC COM Common Stock 177376100 3,365 159,025 X 0 0 X 0 0 COMCAST CORP NEW CL A Common Stock 20030N101 9,584 292,292 X 0 0 X 0 0 COMCAST CORP NEW CL A SPL Common Stock 20030N200 296 9,460 X 0 0 X 0 0 COUNTRYWIDE FINANCIAL CORPORATION Common Stock 222372104 4,970 65,518 X 0 0 X 0 0 DANAHER CORP Common Stock 235851102 5,102 55,608 X 0 0 X 0 0 DELL INC Common Stock 24702R101 4,184 123,118 X 0 0 X 0 0 DEVON ENERGY CORP Common Stock 25179m103 3,502 61,160 X 0 0 X 0 0 DIAMOND OFFSHORE DRILLING Common Stock 25271C102 306 14,925 X 0 0 X 0 0 DOVER CORP COM Common Stock 260003108 6,316 158,890 X 0 0 X 0 0 EBAY INC COM Common Stock 278642103 4,306 66,653 X 0 0 X 0 0 ENTERGY CORP NEW COM Common Stock 29364G103 4,516 79,052 X 0 0 X 0 0 EOG RES INC COM Common Stock 26875p101 3,692 79,975 X 0 0 X 0 0 EOG RESOURCES Common Stock 293562104 249 5,392 X 0 0 X 0 0 EXXON MOBIL CORP COM Common Stock 30231G102 1,055 25,736 X 0 0 X 0 0 FEDEX CORPORATION Common Stock 31428X106 10,746 159,207 X 0 0 X 0 0 FIRST MIDWEST BANCORP COM Common Stock 320867104 1,317 40,615 X 0 0 X 0 0 FLUOR CORP Common Stock 343412102 5,738 144,760 X 0 0 X 0 0 FOREST LABORATORIES INC Common Stock 345838106 4,700 76,048 X 0 0 X 0 0 GANNETT INC COM Common Stock 364730101 4,112 46,121 X 0 0 X 0 0 GENERAL DYNAMICS CORP COM Common Stock 369550108 217 2,400 X 0 0 X 0 0 GENERAL ELEC CO COM Common Stock 369604103 1,524 49,186 X 0 0 X 0 0 GOLDEN WEST FINL DEL COM Common Stock 381317106 4,681 45,366 X 0 0 X 0 0 HALLIBURTON CO COM Common Stock 406216101 4,748 182,633 X 0 0 X 0 0 HONEYWELL INTERNATIONAL INC Common Stock 438516106 5,784 173,020 X 0 0 X 0 0 INTEL CORP Common Stock 458140100 1,892 59,037 X 0 0 X 0 0 INTERNATIONAL BUS MACH COM Common Stock 459200101 316 3,412 X 0 0 X 0 0 Page 2 of 5 ------------------------------------------------------------------------------------------------------------------------------------ (ITEM 1:) (ITEM 2) (ITEM 3) (ITEM 4) (ITEM 5) (ITEM 6) (ITEM 7) (ITEM 8) INVESTMENT DISCRETION TITLE FAIR (b) VOTING OF MARKET SHARE-AS (c) AUTHORITY (SHARES) NAME OF ISSUER CLASS CUSIP NO. VALUE SHARES AMOUNT (a) DEFINED IN SHARES OTHER (a) (b) (c) (IN THOUSANDS) PUT/CALL SOLE INSTR.V OTHER MANAGERS SOLE SHARED NONE ------------------------------------------------------------------------------------------------------------------------------------ INTERNATIONAL GAME TEC COM Common Stock 459902102 6,247 174,985 X 0 0 X 0 0 INTL PAPER CO COM Common Stock 460146103 580 13,445 X 0 0 X 0 0 ISHARES INC MSCI JAPAN Exchange Traded Fund 464286848 151 15,700 X 0 0 X 0 0 JEFFERSON PILOT CORP COM Common Stock 475070108 218 4,300 X 0 0 X 0 0 KINDER MORGAN INC KANS COM Common Stock 49455p101 10,552 178,547 X 0 0 X 0 0 L-3 COMMUNICATNS HLDGS COM Common Stock 502424104 5,400 105,142 X 0 0 X 0 0 LEXMARK INTL NEW CL A Common Stock 529771107 3,586 45,601 X 0 0 X 0 0 LINCOLN NATL CORP IND COM Common Stock 534187109 281 6,950 X 0 0 X 0 0 LIZ CLAIBORNE COM Common Stock 539320101 2,857 80,559 X 0 0 X 0 0 LOCKHEED MARTIN CORP COM Common Stock 539830109 4,979 96,862 X 0 0 X 0 0 LOEWS CORP COM Common Stock 540424108 2,991 60,489 X 0 0 X 0 0 LOUISIANA PACIFIC Common Stock 546347105 197 11,000 X 0 0 X 0 0 LSI LOGIC CORP COM Common Stock 502161102 135 15,200 X 0 0 X 0 0 LUBRIZOL CORP Common Stock 549271104 536 16,495 X 0 0 X 0 0 MANOR CARE INC NEW COM Common Stock 564055101 3,881 112,268 X 0 0 X 0 0 MARSH & MCLENNAN COS COM Common Stock 571748102 245 5,124 X 0 0 X 0 0 MCKESSON CORP COM Common Stock 58155Q103 327 10,177 X 0 0 X 0 0 MEDTRONIC INC Common Stock 585055106 6,411 131,890 X 0 0 X 0 0 MERCK & CO INC COM Common Stock 589331107 487 10,531 X 0 0 X 0 0 MERCURY INTERACTIVE CP COM Common Stock 589405109 4,959 101,959 X 0 0 X 0 0 MEREDITH CORP COM Common Stock 589433101 3,712 76,056 X 0 0 X 0 0 MICROSOFT CORP COM Common Stock 594918104 5,208 190,285 X 0 0 X 0 0 MOTOROLA INC COM Common Stock 620076109 4,937 352,663 X 0 0 X 0 0 NETWORK APPLIANCE COMPANY Common Stock 64120L104 3,878 189,704 X 0 0 X 0 0 NEWMONT MINING CORP Common Stock 651639106 6,366 130,962 X 0 0 X 0 0 NEWS CORP LTD ADR NEW ADR Sponsored 652487703 5,136 142,282 X 0 0 X 0 0 NEXTEL COMMUNICATIONS Common Stock 65332V103 6,502 231,725 X 0 0 X 0 0 Page 3 of 5 ------------------------------------------------------------------------------------------------------------------------------------ (ITEM 1:) (ITEM 2) (ITEM 3) (ITEM 4) (ITEM 5) (ITEM 6) (ITEM 7) (ITEM 8) INVESTMENT DISCRETION TITLE FAIR (b) VOTING OF MARKET SHARE-AS (c) AUTHORITY (SHARES) NAME OF ISSUER CLASS CUSIP NO. VALUE SHARES AMOUNT (a) DEFINED IN SHARES OTHER (a) (b) (c) (IN THOUSANDS) PUT/CALL SOLE INSTR.V OTHER MANAGERS SOLE SHARED NONE ------------------------------------------------------------------------------------------------------------------------------------ NORFOLK SOUTHERN CORP COM Common Stock 655844108 229 9,700 X 0 0 X 0 0 OLIN CORP Common Stock 680665205 254 12,675 X 0 0 X 0 0 OMNICOM GRP INC Common Stock 681919106 3,556 40,719 X 0 0 X 0 0 ORACLE CORP COM Common Stock 68389X105 4,492 339,519 X 0 0 X 0 0 PACCAR INC COM Common Stock 693718108 3,401 39,953 X 0 0 X 0 0 PEABODY ENERGY CORP COM Common Stock 704549104 284 6,800 X 0 0 X 0 0 PEOPLES ENERGY CORP COM Common Stock 711030106 2,825 67,204 X 0 0 X 0 0 PEPSICO INC Common Stock 713448108 6,228 133,583 X 0 0 X 0 0 PFIZER INC COM Common Stock 717081103 1,490 42,186 X 0 0 X 0 0 PROCTER & GAMBLE CO COM Common Stock 742718109 6,802 68,098 X 0 0 X 0 0 PROGRESSIVE CORP Common Stock 743315103 5,834 69,793 X 0 0 X 0 0 RIO TINTO PLC SPONSORED ADR ADR Sponsored 767204100 6,874 61,753 X 0 0 X 0 0 SCHERING PLOUGH CORP COM Common Stock 806605101 3,976 228,664 X 0 0 X 0 0 SLM CORP Common Stock 78442P106 2,819 74,814 X 0 0 X 0 0 SONY CORP ADR NEW ADR Sponsored 835699307 269 7,750 X 0 0 X 0 0 SOVEREIGN BANCORP INC COM Common Stock 845905108 235 9,900 X 0 0 X 0 0 ST PAUL COS INC COM Common Stock 792860108 4,594 115,862 X 0 0 X 0 0 STRYKER CORP COM Common Stock 863667101 4,698 55,264 X 0 0 X 0 0 SYMANTEC CORP COM Common Stock 871503108 5,334 154,607 X 0 0 X 0 0 TOTAL S A SPONSORED ADR ADR Sponsored 89151E109 6,219 67,228 X 0 0 X 0 0 TRIBUNE CO NEW COM Common Stock 896047107 3,634 70,424 X 0 0 X 0 0 UNILEVER NV ADR Sponsored 904784709 4,864 74,946 X 0 0 X 0 0 UNION PACIFIC CORP Common Stock 907818108 236 3,400 X 0 0 X 0 0 VALERO ENERGY CORP Common Stock 91913Y100 6,081 131,236 X 0 0 X 0 0 VODAFONE GRP PLC ADR ADR Sponsored 92857W100 5,901 235,648 X 0 0 X 0 0 WACHOVIA CORP 2ND NEW COM Common Stock 929903102 3,135 67,295 X 0 0 X 0 0 WALT DISNEY CO. Common Stock 254687106 6,142 263,264 X 0 0 X 0 0 Page 4 of 5 ------------------------------------------------------------------------------------------------------------------------------------ (ITEM 1:) (ITEM 2) (ITEM 3) (ITEM 4) (ITEM 5) (ITEM 6) (ITEM 7) (ITEM 8) INVESTMENT DISCRETION TITLE FAIR (b) VOTING OF MARKET SHARE-AS (c) AUTHORITY (SHARES) NAME OF ISSUER CLASS CUSIP NO. VALUE SHARES AMOUNT (a) DEFINED IN SHARES OTHER (a) (b) (c) (IN THOUSANDS) PUT/CALL SOLE INSTR.V OTHER MANAGERS SOLE SHARED NONE ------------------------------------------------------------------------------------------------------------------------------------ WASHINGTON MUT INC COM Common Stock 939322103 2,829 70,505 X 0 0 X 0 0 WATSON PHARMACEUTICALS COM Common Stock 942683103 3,279 71,292 X 0 0 X 0 0 WELLS FARGO & CO NEW COM Common Stock 949746101 7,208 122,398 X 0 0 X 0 0 XEROX CORP COM Common Stock 984121103 3,679 266,590 X 0 0 X 0 0 YAHOO INC COM Common Stock 984332106 3,783 84,016 X 0 0 X 0 0 432,253 10,727,827
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