0001348554-13-000002.txt : 20130111 0001348554-13-000002.hdr.sgml : 20130111 20130111163503 ACCESSION NUMBER: 0001348554-13-000002 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20121231 FILED AS OF DATE: 20130111 DATE AS OF CHANGE: 20130111 EFFECTIVENESS DATE: 20130111 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GRASSI INVESTMENT MANAGEMENT LLC CENTRAL INDEX KEY: 0001135126 IRS NUMBER: 943350355 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-06441 FILM NUMBER: 13525781 BUSINESS ADDRESS: STREET 1: 1804 NORTH SHORELINE BLVD., SUITE 140 CITY: MOUNTAIN VIEW STATE: CA ZIP: 94043 BUSINESS PHONE: 6509340770 MAIL ADDRESS: STREET 1: 1804 NORTH SHORELINE BLVD., SUITE 140 CITY: MOUNTAIN VIEW STATE: CA ZIP: 94043 13F-HR 1 F123112.prn.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F-HR Form 13F COVER PAGE Report for the Calendar Year of Quarter Ended: December 31, 2012 ---------------------------- 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: Grassi Investment Management, LLC Address: 1804 North Shoreline Blvd., Ste. 140 Mountain View, CA 94043 Form 13F File Number: 028-06441 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: Peter T. Grassi Title: Managing Member Phone: (650) 934-0770 Signature, Place, and Date of Signing: /s/ Peter T. Grassi Mountain View, CA April 13, 2011 --------------- ------------------------ ------------ [Signature] [City, State] [Date] Report Type (Check only one.): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) Report Summary: Number of Other Included Managers: 0 ------------- Form 13F Information Table Entry Total: 147 ------------- Form 13F Information Table Value Total: $317667 ------------- (thousands) List of Other Included Managers: {None} 2
FORM 13F INFORMATION TABLE Voting Authority VALUE SHARES/ Sh/ Put/InvestmOther NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000PRN AMT Prn CallDscretnManagerSole SharedNone GENERAL MTRS PFD 37045v209 6018 136379SH Sole 136229 3M COMPANY COM 88579Y101 3934 42370SH Sole 42370 ABBOTT LABS COM COM 002824100 3347 51100SH Sole 51100 ABBVIE INC. COM 00287Y109 1795 51100SH Sole 51100 ALCOA INC COM 013817101 178 20516SH Sole 20516 ALTRIA GROUP INC COM 02209S103 4050 128830SH Sole 128830 AMER INT'L GROUP COM 026874784 3597 101900SH Sole 101900 AMERICAN CAMPUS COM 024835100 881 19100SH Sole 19100 AMERICAN EXPRESS COM 025816109 1451 25235SH Sole 25235 APACHE CORP COM 037411105 956 12175SH Sole 12175 APOLLO INVESTMENT COM 03761U106 84 10000SH Sole 10000 APPLE COMPUTER COM 037833100 612 1150SH Sole 1150 APPLIED MATERIALS COM 038222105 1830 160000SH Sole 160000 AT&T COM 00206r102 4248 126007SH Sole 125857 ATLAS PIPELINE PTNRS COM 049392103 556 17617SH Sole 17467 AUTOMATIC DATA COM 053015103 410 7200SH Sole 7200 AVALONBAY COM 053484101 581 4285SH Sole 4285 BANK OF AMERICA COM 060505104 4677 402850SH Sole 600 402250 BLACKSTONE GROUP LP COM 09253u108 3022 193815SH Sole 193815 BOARDWALK PIPELINE COM 096627104 233 9350SH Sole 9350 BRISTOL-MYERS COM 110122108 3593 110251SH Sole 110051 BUNGE LIMITED COM 013317810 745 10250SH Sole 10250 CAMDEN PROPERTY TR COM 133131102 600 8800SH Sole 8800 CATERPILLAR COM 149123101 731 8160SH Sole 8160 CBL & ASSOCIATES COM 124830100 652 30754SH Sole 30554 CHEVRON CORP COM 166764100 4358 40303SH Sole 40303 CITIGROUP INC COM 172967101 3066 77500SH Sole 77500 CLOROX COMPANY COM 189054109 439 6000SH Sole 6000 COMM BK BAY OAKLAND CA COM 203485107 87 30000SH Sole 30000 CONAGRA COM 205887102 3064 103865SH Sole 103865 CONOCOPHILLIPS COM 20825c104 3513 60579SH Sole 60579 CONSOLIDATED EDISON COM 209115104 1866 33600SH Sole 33600 COPANO ENERGY COM 217202100 628 19850SH Sole 19700 CSX CORP COM 126408103 373 18921SH Sole 18921 DEERE & CO COM 244199105 1841 21300SH Sole 21300 DENBURY RESOURCES COM 247916208 1284 79250SH Sole 79250 DEUTSCHE TELEKOM COM 251566105 383 33750SH Sole 33350 DEVON ENERGY COM 25179m103 604 11600SH Sole 11600 DIGITAL REALTY TR COM 253868103 452 6660SH Sole 6660 DOMINION RESOURCES COM 25746U109 3578 69075SH Sole 68975 DOW CHEMICAL COM 260543103 2962 91617SH Sole 91517 DU PONT EI DE NMRS COM 263534109 4151 92293SH Sole 92193 DUKE REALTY CORP COM 264411505 325 23400SH Sole 23400 DUNKIN' BRANDS COM 265504100 597 18000SH Sole 100 17900 EMC CORPORATION COM 268648102 1074 42450SH Sole 42250 EMERSON ELECTRIC COM 291011104 2193 41400SH Sole 41400 ENBRIDGE ENERGY COM 29250R106 672 24100SH Sole 23900 ENERGY TRANSFER COM 29273R109 2474 57639SH Sole 57489 ENERGY TRANSFER EQU COM 29273v100 2049 45050SH Sole 45050 ENTERPRISE PRODS COM 293792107 5463 109083SH Sole 108983 EXPRESS SCRIPTS INC COM 302182100 1372 25400SH Sole 100 25300 EXXON MOBIL CORP COM 30231G102 3975 45925SH Sole 75 45850 FIRST REPUBLIC BANK COM 33616C100 2196 67000SH Sole 67000 FLOWERS FOODS COM 343498101 698 30000SH Sole 30000 FORD MOTOR CO COM 349862300 4123 318413SH Sole 318113 FRANKLIN RES COM 354613101 453 3600SH Sole 3600 FREEPORT MCMORAN COM 35671d857 2521 73700SH Sole 73700 GAP INC COM 364760108 847 27300SH Sole 27300 GENERAL ELECTRIC COM 369604103 8284 394671SH Sole 394371 GENERAL MILLS INC COM 370334104 2780 68786SH Sole 68636 GOOGLE INC COM 38259p508 272 385SH Sole 385 HALLIBURTON CO COM 406216101 559 16102SH Sole 16102 HCP, INC. COM 40414L109 4648 102925SH Sole 102825 HEALTH CARE REIT COM 422171406 215 3500SH Sole 3500 HESS CORPORATION COM 42809H107 249 4700SH Sole 4700 HEWLETT-PACKARD CO COM 428236103 365 25600SH Sole 25600 HOLLY ENERGY COM 435763107 382 5800SH Sole 5800 HOME DEPOT INC COM 437076102 3847 62195SH Sole 62195 HONEYWELL INT'L INC COM 438516106 3122 49192SH Sole 49192 IBM CORPORATION COM 459200101 2189 11427SH Sole 11427 INGREDION COM 457187102 1018 15802SH Sole 15802 INTEL CORPORATION COM 458140100 1906 92450SH Sole 92450 INTL PAPER COM 460146103 3772 94691SH Sole 94541 JOHNSON & JOHNSON COM 478160104 4269 60904SH Sole 60904 JP MORGAN CHASE COM 46625H100 3559 80950SH Sole 100 80700 KELLOGG CO COM 487836108 2301 41200SH Sole 41200 KIMCO REALTY CORP COM 49446R109 1470 76100SH Sole 75800 KINDER MORGAN INC. COM 49456B101 609 17250SH Sole 17250 KOHLBERG KRAVIS COM 48248M102 3170 208132SH Sole 208132 KRAFT FOOD GROUP COM 50076Q106 4570 100515SH Sole 100 100315 LAM RESEARCH CORP COM 512807108 756 20925SH Sole 20925 LEGACY RESERVES LP COM 524707304 228 9600SH Sole 9600 LILLY, ELI & CO COM 532457108 2999 60805SH Sole 60805 LINN ENERGY LLC COM 536020100 3489 99003SH Sole 98853 LOCKHEED MARTIN COM 539830109 1984 21495SH Sole 21495 MACERICH CO COM 554382101 577 9896SH Sole 9896 MACK-CALI REALTY COM 554489104 747 28600SH Sole 28600 MAGELLAN COM 559080106 615 14250SH Sole 14250 MARKWEST ENERGY COM 570759100 2613 51226SH Sole 51076 MERCK & CO INC COM 589331107 3664 89500SH Sole 89300 MICRON TECHNOLOGY COM 595112103 386 60900SH Sole 60900 MICROSOFT CORP COM 594918104 2246 84105SH Sole 83955 MONDELEZ INTL COM 609207105 4720 185450SH Sole 200 184950 MONSANTO COM 61166w101 2044 21600SH Sole 21600 MORGAN STANLEY COM 617446448 508 26550SH Sole 26550 MOSAIC CO COM 61945a107 264 4655SH Sole 4655 NAVIOS MARITIME COM Y62196103 80 23700SH Sole 23700 NESTLE SA COM 641069406 2376 36460SH Sole 36460 NEWMONT MINING COM 651639106 2104 45300SH Sole 45300 NUCOR CORP COM 670346105 2929 67856SH Sole 67756 ONEOK PARTNERS LP COM 68268n103 2305 42700SH Sole 42600 ORACLE CORP COM 68389X105 871 26150SH Sole 26150 PEPSICO INC COM 713448108 4852 70911SH Sole 70811 PFIZER INC COM 717081103 4697 187302SH Sole 187002 PHILIP MORRIS INTL COM 718172109 2612 31232SH Sole 31232 PHILLIPS 66 COM 718546104 3907 73584SH Sole 100 73484 PLAINS ALL AM COM 726503105 1926 42567SH Sole 42567 POTASH CORP COM 73755L107 201 4950SH Sole 4950 POWERSHARES QQQ COM 73935A104 255 3909SH Sole 3909 PROCTER & GAMBLE COM 742718109 16424 241922SH Sole 241822 PROLOGIS COM 74340W103 9011 246950SH Sole 246950 QUALCOMM INC COM 747525103 714 11545SH Sole 11545 REGENCY CENTERS COM 758847103 302 6400SH Sole 6400 REGENCY ENERGY COM 75885y107 948 43716SH Sole 43316 REYNOLDS AMERICAN COM 761713106 3548 85638SH Sole 85488 RIO TINTO COM 767204100 2478 42650SH Sole 42650 ROBERT HALF INTL COM 770323103 2068 65000SH Sole 65000 SANOFI-AVENTIS COM 80105N105 4373 92300SH Sole 92200 SBA COMMUNICATIONS COM 78388J106 256 3600SH Sole 3600 SCHLUMBERGER LTD COM 806857108 2800 40400SH Sole 40400 SEADRILL LTD COM G7945E105 3421 92950SH Sole 92950 SENIOR HOUSING PROP COM 81721M109 1380 58393SH Sole 58093 SIMON PPTY GRP INC COM 828806109 636 4020SH Sole 4020 SOUTHERN CO COM 842587107 2056 48025SH Sole 48025 STAN BLK & DECKER COM 854502101 237 3200SH Sole 3200 SUPERIOR INDUSTRIES COM 868168105 1079 52910SH Sole 250 52360 TARGA RESOURCES COM 87611x105 1941 51923SH Sole 51923 TAUBMAN CENTERS COM 876664103 236 3000SH Sole 3000 TRANSCANADA CORP COM 89353D107 473 10000SH Sole 10000 UNILEVER NV COM 904784709 1930 50400SH Sole 50400 UNION PACIFIC COM 907818108 3450 27445SH Sole 27445 UNITED TECH COM 913017109 3114 37976SH Sole 37976 VALERO ENERGY CORP COM 91913Y100 2148 62952SH Sole 100 62852 VENTAS INC. COM 92276F100 712 11000SH Sole 11000 VERIZON COMM COM 92343V104 4423 102208SH Sole 102208 VISA INC CL A COM 92826c839 2496 16466SH Sole 16466 VODAFONE GROUP PLC COM 92857w209 4389 174236SH Sole 174086 VORNADO RLTY COM 929042109 2198 27441SH Sole 27441 WAL-MART STORES INC COM 931142103 2410 35322SH Sole 35322 WELLS FARGO & CO COM 949746101 5982 175013SH Sole 200 174813 WESTERN GAS COM 958254104 2389 50150SH Sole 50150 WEYERHAEUSER COM 984332106 2897 104150SH Sole 104150 ISHARES SIlVER 43428Q109 327 11150SH Sole 11150 NUVEEN CA QUALITY 670985100 243 14000SH Sole 14000 PROSHRS ULTRSHRT 74347R313 552 20000SH Sole 20000 SPDR DOW JONES IND 78467X109 406 3113SH Sole 3113 SPDR GOLD SHARES 78463V107 243 1500SH Sole 1500