13F-HR 1 kl05023_13f-hr.txt FORM 13F-HR REPORT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 03/31/04 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 May 12, 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: 112 --- Form 13F Information Table Value Total: 425,300 (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 STRATEGY ASSET MANAGERS, LLC holdings @ 03/31/04
----------------------------------------------------------------------------------------------------------------------------------- (ITEM 1:) (ITEM 2) (ITEM 3) (ITEM 4) (ITEM 5) (ITEM 6) (ITEM 7) (ITEM 8) INVESTMENT DISCRETION VOTING VOTING AUTHORITY TITLE FAIR (b) (SHARES) OF MARKET SHARES SHARE-AS (C) NAME OF ISSUER CLASS CUSIP NO. VALUE AMOUNT (A) DEFINED IN SHARES OTHER (A) (B) (C) (IN THOUSANDS) PUT/CALL SOLE INSTR.V OTHER MANAGERS SOLE SHARED NONE ----------------------------------------------------------------------------------------------------------------------------------- 3M CO COM Common Stock 88579y101 3,551 43,379 X 0 0 X 0 0 ALCOA INC COM Common Stock 013817101 5,924 170,772 X 0 0 X 0 0 AMERICAN EXPRESS CO COM Common Stock 025816109 472 9,099 X 0 0 X 0 0 AMERICAN INTL GROUP COM Common Stock 026874107 470 6,581 X 0 0 X 0 0 AMGEN INC COM Common Stock 031162100 4,827 83,009 X 0 0 X 0 0 ANHEUSER BUSCH COS INC COM Common Stock 035229103 201 3,940 X 0 0 X 0 0 AON CORP COM Common Stock 037389103 6,203 222,247 X 0 0 X 0 0 APOLLO GROUP INC CL A Common Stock 037604105 6,252 72,568 X 0 0 X 0 0 APPLIED MATLS INC COM Common Stock 038222105 247 11,600 X 0 0 X 0 0 AUTODESK INC Common Stock 052769106 6,148 195,049 X 0 0 X 0 0 AVON PRODUCTS INC Common Stock 054303102 2,666 35,141 X 0 0 X 0 0 BAKER HUGHES INC Common Stock 057224107 5,238 143,596 X 0 0 X 0 0 BANK OF AMERICA CORP Common Stock 060505104 214 2,648 X 0 0 X 0 0 BARD C R INC COM Common Stock 067383109 5,257 53,839 X 0 0 X 0 0 BEAR STEARNS COS INC COM Common Stock 073902108 341 3,890 X 0 0 X 0 0 BECTON Common Stock 075887109 5,004 103,215 X 0 0 X 0 0 BOEING INC Common Stock 097023105 5,634 137,192 X 0 0 X 0 0 BOSTON SCIENTIFIC CORP COM Common Stock 101137107 7,026 165,793 X 0 0 X 0 0 CENTEX CORP COM Common Stock 152312104 3,954 73,134 X 0 0 X 0 0 CERIDIAN CORP NEW COM Common Stock 156779100 4,938 250,523 X 0 0 X 0 0 CHEVRONTEXACO CORP Common Stock 166764100 495 5,637 X 0 0 X 0 0 CISCO SYSTEMS INC Common Stock 17275R102 9,269 393,250 X 0 0 X 0 0 CITIGROUP INC Common Stock 172967101 12,103 234,095 X 0 0 X 0 0 COMCAST CORP NEW CL A Common Stock 20030N101 5,039 175,200 X 0 0 X 0 0 COMCAST CORP NEW CL A SPL Common Stock 20030N200 257 9,225 X 0 0 X 0 0 COUNTRYWIDE FINANCIAL CORPORATION Common Stock 222372104 6,285 65,532 X 0 0 X 0 0 DANAHER CORP Common Stock 235851102 5,265 56,393 X 0 0 X 0 0
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----------------------------------------------------------------------------------------------------------------------------------- (ITEM 1:) (ITEM 2) (ITEM 3) (ITEM 4) (ITEM 5) (ITEM 6) (ITEM 7) (ITEM 8) INVESTMENT DISCRETION VOTING VOTING AUTHORITY TITLE FAIR (b) (SHARES) OF MARKET SHARES SHARE-AS (C) NAME OF ISSUER CLASS CUSIP NO. VALUE AMOUNT (A) DEFINED IN SHARES OTHER (A) (B) (C) (IN THOUSANDS) PUT/CALL SOLE INSTR.V OTHER MANAGERS SOLE SHARED NONE ----------------------------------------------------------------------------------------------------------------------------------- DIAMOND OFFSHORE DRILL COM Common Stock 25271C102 280 11,590 X 0 0 X 0 0 DISNEY WALT CO COM Common Stock 254687106 6,233 249,425 X 0 0 X 0 0 DOVER CORP COM Common Stock 260003108 5,931 152,983 X 0 0 X 0 0 ENRON CORP COM Common Stock 293561106 1 20,000 X 0 0 X 0 0 ENTERGY CORP NEW COM Common Stock 29364G103 4,794 80,566 X 0 0 X 0 0 EOG RES INC COM Common Stock 26875p101 4,457 97,128 X 0 0 X 0 0 EXXON MOBIL CORP COM Common Stock 30231G102 1,022 24,565 X 0 0 X 0 0 FEDEX CORPORATION Common Stock 31428X106 4,917 65,422 X 0 0 X 0 0 FIRST MIDWEST BANCORP COM Common Stock 320867104 1,390 40,615 X 0 0 X 0 0 FLUOR CORP NEW COM Common Stock 343412102 5,488 141,852 X 0 0 X 0 0 FORTUNE BRANDS INC COM Common Stock 349631101 5,130 66,942 X 0 0 X 0 0 GANNETT INC COM Common Stock 364730101 4,155 47,144 X 0 0 X 0 0 GENERAL DYNAMICS CORP COM Common Stock 369550108 214 2,400 X 0 0 X 0 0 GENERAL ELECTRIC CO Common Stock 369604103 1,583 51,859 X 0 0 X 0 0 GOLDEN WEST FINL DEL COM Common Stock 381317106 5,148 45,988 X 0 0 X 0 0 HOME DEPOT INC COM Common Stock 437076102 5,799 155,223 X 0 0 X 0 0 HONEYWELL INTL INC COM Common Stock 438516106 5,721 169,021 X 0 0 X 0 0 INTEL CORP Common Stock 458140100 1,591 58,475 X 0 0 X 0 0 INTERNATIONAL GAME TECHNOLOGY Common Stock 459902102 7,928 176,335 X 0 0 X 0 0 INTERNATIONAL PAPER CO Common Stock 460146103 528 12,485 X 0 0 X 0 0 INTL BUSINESS MACHINES Common Stock 459200101 310 3,380 X 0 0 X 0 0 ISHARES INC MSCI JAPAN Exchange Traded Fund 464286848 171 15,700 X 0 0 X 0 0 JEFFERSON PILOT CORP COM Common Stock 475070108 4,355 79,169 X 0 0 X 0 0 KEYCORP NEW Common Stock 493267108 5,515 182,069 X 0 0 X 0 0 KINDER MORGAN, INC Common Stock 49455p101 11,475 182,084 X 0 0 X 0 0 L-3 COMMUNICATIONS HLDGS INC Common Stock 502424104 6,222 104,613 X 0 0 X 0 0 LEXMARK INTL NEW CL A Common Stock 529771107 4,208 45,744 X 0 0 X 0 0
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----------------------------------------------------------------------------------------------------------------------------------- (ITEM 1:) (ITEM 2) (ITEM 3) (ITEM 4) (ITEM 5) (ITEM 6) (ITEM 7) (ITEM 8) INVESTMENT DISCRETION VOTING VOTING AUTHORITY TITLE FAIR (b) (SHARES) OF MARKET SHARES SHARE-AS (C) NAME OF ISSUER CLASS CUSIP NO. VALUE AMOUNT (A) DEFINED IN SHARES OTHER (A) (B) (C) (IN THOUSANDS) PUT/CALL SOLE INSTR.V OTHER MANAGERS SOLE SHARED NONE ----------------------------------------------------------------------------------------------------------------------------------- LINCOLN NATL CORP IND COM Common Stock 534187109 329 6,950 X 0 0 X 0 0 LOCKHEED MARTIN CORP Common Stock 539830109 4,272 93,600 X 0 0 X 0 0 LOUISIANA PACIFIC Common Stock 546347105 219 8,500 X 0 0 X 0 0 LSI LOGIC CORP COM Common Stock 502161102 151 16,200 X 0 0 X 0 0 MANOR CARE INC NEW COM Common Stock 564055101 4,007 113,550 X 0 0 X 0 0 MARRIOTT INTL INC NEW CL A Common Stock 571903202 3,932 92,406 X 0 0 X 0 0 MARSH & MCLENNAN COS COM Common Stock 571748102 237 5,124 X 0 0 X 0 0 MBIA INC Common Stock 55262C100 4,641 74,025 X 0 0 X 0 0 MCKESSON CORP Common Stock 58155Q103 302 10,027 X 0 0 X 0 0 MEADWESTVACO CORP COM Common Stock 583334107 221 7,800 X 0 0 X 0 0 MEDTRONIC INC Common Stock 585055106 6,094 127,632 X 0 0 X 0 0 MERCK & CO INC Common Stock 589331107 405 9,166 X 0 0 X 0 0 MICROSOFT CORP Common Stock 594918104 4,691 188,165 X 0 0 X 0 0 MOTOROLA INC Common Stock 620076109 5,856 332,740 X 0 0 X 0 0 NEWMONT MINING CORP COM Common Stock 651639106 6,196 132,869 X 0 0 X 0 0 NEWS CORP ADR Sponsored 652487703 5,309 147,567 X 0 0 X 0 0 NEXTEL COMMUNICATIONS CL A Common Stock 65332V103 5,537 224,516 X 0 0 X 0 0 NIKE INC CL B Common Stock 654106103 5,101 65,504 X 0 0 X 0 0 NOBLE CORPORATION SHS Common Stock g65422100 242 6,300 X 0 0 X 0 0 NORFOLK SOUTHERN CORP COM Common Stock 655844108 214 9,700 X 0 0 X 0 0 OCCIDENTAL PETE CORP Common Stock 674599105 3,764 81,738 X 0 0 X 0 0 OLIN CORP COM Common Stock 680665205 315 17,665 X 0 0 X 0 0 OMNICOM GROUP INC COM Common Stock 681919106 3,729 46,463 X 0 0 X 0 0 ORACLE CORP COM Common Stock 68389X105 4,195 349,574 X 0 0 X 0 0 OREGON STL MLS INC COM Common Stock 686079104 76 10,000 X 0 0 X 0 0 PACCAR INC Common Stock 693718108 3,832 68,370 X 0 0 X 0 0 PEABODY ENERGY CORP COM Common Stock 704549104 340 7,300 X 0 0 X 0 0
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----------------------------------------------------------------------------------------------------------------------------------- (ITEM 1:) (ITEM 2) (ITEM 3) (ITEM 4) (ITEM 5) (ITEM 6) (ITEM 7) (ITEM 8) INVESTMENT DISCRETION VOTING VOTING AUTHORITY TITLE FAIR (b) (SHARES) OF MARKET SHARES SHARE-AS (C) NAME OF ISSUER CLASS CUSIP NO. VALUE AMOUNT (A) DEFINED IN SHARES OTHER (A) (B) (C) (IN THOUSANDS) PUT/CALL SOLE INSTR.V OTHER MANAGERS SOLE SHARED NONE ----------------------------------------------------------------------------------------------------------------------------------- PEPSICO INC Common Stock 713448108 7,026 130,466 X 0 0 X 0 0 PFIZER INC Common Stock 717081103 1,513 43,176 X 0 0 X 0 0 PROCTER & GAMBLE CO COM Common Stock 742718109 6,864 65,441 X 0 0 X 0 0 PROGRESSIVE CORP OHIO COM Common Stock 743315103 6,175 70,495 X 0 0 X 0 0 RIO TINTO PLC SPONS ADR ADR Sponsored 767204100 5,968 59,338 X 0 0 X 0 0 ROHM & HAAS CO COM Common Stock 775371107 3,663 91,941 X 0 0 X 0 0 SCHERING-PLOUGH Common Stock 806605101 3,762 231,919 X 0 0 X 0 0 SEALED AIR CORP NEW COM Common Stock 81211K100 4,497 90,423 X 0 0 X 0 0 SIMON PPTY GROUP NEW COM Common Stock 828806109 5,219 89,307 X 0 0 X 0 0 SONY CORP ADR NEW ADR Sponsored 835699307 324 7,750 X 0 0 X 0 0 SOVEREIGN BANCORP INC COM Common Stock 845905108 306 14,300 X 0 0 X 0 0 ST PAUL TRAVELERS COS INC Common Stock 792860108 4,667 116,634 X 0 0 X 0 0 STATE STR CORP COM Common Stock 857477103 3,395 65,133 X 0 0 X 0 0 STRYKER CORP Common Stock 863667101 5,164 58,332 X 0 0 X 0 0 SYMANTEC CORP COM Common Stock 871503108 6,731 145,377 X 0 0 X 0 0 THERMO ELECTRON CORP Common Stock 883556102 4,687 165,729 X 0 0 X 0 0 TOTAL S A SPONSORED ADR ADR Sponsored 89151E109 5,834 63,412 X 0 0 X 0 0 TRIBUNE CO Common Stock 896047107 3,976 78,827 X 0 0 X 0 0 UNILEVER NV ADR Sponsored 904784709 5,090 73,297 X 0 0 X 0 0 UNIVISION COMMUNICATIONS-A Common Stock 914906102 3,313 100,372 X 0 0 X 0 0 VERITAS SOFTWARE CO COM Common Stock 923436109 2,931 108,914 X 0 0 X 0 0 VODAFONE GRP PLC ADR ADR Sponsored 92857W100 5,419 226,720 X 0 0 X 0 0 VULCAN MATERIALS CO. Common Stock 929160109 3,706 78,127 X 0 0 X 0 0 WACHOVIA CORP 2ND NEW COM Common Stock 929903102 3,214 68,374 X 0 0 X 0 0 WASHINGTON MUTUAL INC Common Stock 939322103 3,016 70,623 X 0 0 X 0 0 WATSON PHARMACEUTICALS COM Common Stock 942683103 3,053 71,346 X 0 0 X 0 0 WEBLINK WIRELESS INC CL A Common Stock 94769a101 35 10,000 X 0 0 X 0 0
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----------------------------------------------------------------------------------------------------------------------------------- (ITEM 1:) (ITEM 2) (ITEM 3) (ITEM 4) (ITEM 5) (ITEM 6) (ITEM 7) (ITEM 8) INVESTMENT DISCRETION VOTING VOTING AUTHORITY TITLE FAIR (b) (SHARES) OF MARKET SHARES SHARE-AS (C) NAME OF ISSUER CLASS CUSIP NO. VALUE AMOUNT (A) DEFINED IN SHARES OTHER (A) (B) (C) (IN THOUSANDS) PUT/CALL SOLE INSTR.V OTHER MANAGERS SOLE SHARED NONE ----------------------------------------------------------------------------------------------------------------------------------- WELLS FARGO & CO NEW COM Common Stock 949746101 10,344 182,531 X 0 0 X 0 0 XEROX CORP Common Stock 984121103 4,927 338,190 X 0 0 X 0 0 YAHOO INC. Common Stock 984332106 4,821 99,462 X 0 0 X 0 0 ZIMMER HLDGS INC COM Common Stock 98956p102 3,605 48,868 X 0 0 X 0 0 425,300 10,327,599
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