<DOCUMENT>
<TYPE>13F-HR
<SEQUENCE>1
<FILENAME>oa13f4q06.txt
<DESCRIPTION>COVER AND SUMMARY
<TEXT>
TYPE: 13F-HR
PERIOD 12/31/2006
FILER
CIK 0001349654
CCC i@ec5ygt
SUBMISSION - CONTACT
NAME A. CIAPPINA, ESQ.
PHONE 609-896-9060
Attached Documents Page (2)
FORM 13F
FORM 13F COVER PAGE
Check here if Amendment [ ];
This Amendment (Check only one.): [] is a restatement.
[] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Obermeyer Asset Management Co
Address: 616 EAST HYMAN STE 101
Aspen, CO 81611
Form 13F File Number:
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 submission.
Person Signing this Report on Behalf of Reporting Manager:
Name: ANTONINO CIAPPINA, ESQ.
Title: Filer's Attorney
Phone: 609-896-9060
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).)
List of Other Managers Reporting for this Manager:
<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: NONE (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.
[If there are no entries in this list, state ''NONE'' and omit the
column headings and list entries.]
<PAGE>
<TABLE> <C> <C>
Form 13 F Information Table
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
NAME TITLE CUSIP VALUE SHRS OR-SH/ INVESTMEMT OTHER VOTING
OF ISSUER OF CLASS -PUT/PRN DISCRETION MAN. AUTHORITY
AMT-PRN-CALL SOLE/SHARED
or NONE
---------------------------------------------------------------------------------------------------------------------------------
ABBOTT LABS Common 002824100 188 3852SH SOLE None SOLE
AGL RES INC COM Common 001204106 16 400SH SOLE None SOLE
AERCAP HOLDINGS NV F Common N00985106 93 4000SH SOLE None SOLE
AES CORP Common 00130H105 33 1500SH SOLE None SOLE
ALBERTO CULVER CO COM Common 013078100 2 100SH SOLE None SOLE
ALCATEL-LUCENT SPONSORED ADR Common 013904305 1 78SH SOLE None SOLE
ALCON INC Common H01301102 11 100SH SOLE None SOLE
ALEXION PHARMACEUTICAL COM Common 015351109 -54 -1325SH SOLE None SOLE
ALLSTATE CORPORATION Common 020002101 67 1034SH SOLE None SOLE
ALLTEL CORP Common 020039103 45 742SH SOLE None SOLE
ALTRIA GROUP INC Common 02209S103 2850 33210SH SOLE None SOLE
AMEREN CORP COM Common 023608102 38 700SH SOLE None SOLE
AMERICAN ELECTRIC POWER Common 025537101 17 400SH SOLE None SOLE
AMERICAN EXPRESS CO Common 025816109 303 5000SH SOLE None SOLE
AMSURG CORP COM Common 03232P405 4219 183438SH SOLE None SOLE
ANADARKO PETROLEUM CORP Common 032511107 72 1658SH SOLE None SOLE
ANHEUSER BUSCH COS Common 035229103 9584 194800SH SOLE None SOLE
APACHE CORP Common 037411105 4357 65511SH SOLE None SOLE
AQUANTIVE INC COM Common 03839G105 -62 -2500SH SOLE None SOLE
ARCHER DANIELS MIDLAND Common 039483102 80 2500SH SOLE None SOLE
AT&T CORP Common 00206R102 256 7159SH SOLE None SOLE
AUTO DATA PROCESSING Common 053015103 69 1400SH SOLE None SOLE
AVAYA INC Common 053499109 1 83SH SOLE None SOLE
BANKAMERICA CORP Common 060505104 199 3726SH SOLE None SOLE
BANK MONTREAL QUE COM Common 063671101 4545 76790SH SOLE None SOLE
BANK NEW YORK INC Common 064057102 87 2200SH SOLE None SOLE
BARNES & NOBLE INC Common 067774109 20 500SH SOLE None SOLE
BAXTER INTERNATIONAL INC. Common 071813109 19 400SH SOLE None SOLE
BELLSOUTH CORP Common 079860102 28 600SH SOLE None SOLE
BEMIS INC COM Common 081437105 8 250SH SOLE None SOLE
BENCHMARK ELECTRS INC COM Common 08160H101 -55 -2250SH SOLE None SOLE
1/100 SHARE BERKSHIRE HATHAWAY Common 084597202 1100 1000SH SOLE None SOLE
BERKSHIRE HATHAWAY (CLASS B) Common 084670207 9440 2575SH SOLE None SOLE
BHP BILLITON LTD SPONSORED ADR Common 088606108 737 18530SH SOLE None SOLE
BLACK & DECKER CORP COM Common 091797100 9 110SH SOLE None SOLE
BOK FINANCIAL CORP NEW Common 05561Q201 4 79SH SOLE None SOLE
BP PLC ADR Common 055622104 283 4215SH SOLE None SOLE
BRISTOL MYERS SQUIBB Common 110122108 339 12876SH SOLE None SOLE
BROOKFIELD ASSET MANAGEMENT Common 112585104 10617 220360SH SOLE None SOLE
BURLINGTON NORTHERN SANTA FE Common 12189T104 111 1500SH SOLE None SOLE
CAL MAINE FOODS INC COM NEW Common 128030202 82 9500SH SOLE None SOLE
CAMECO CORP F FULLY PAID SHARES Common 13321L108 3 80SH SOLE None SOLE
CANADIAN NAT RES LTD COM Common 136385101 325 6100SH SOLE None SOLE
CARDINAL HEALTH INC Common 14149Y108 -64 -1000SH SOLE None SOLE
CATERPILLAR INC DEL Common 149123101 50 822SH SOLE None SOLE
CATO CORP NEW CL A Common 149205106 7 300SH SOLE None SOLE
CEC ENTMT INC COM Common 125137109 5078 126160SH SOLE None SOLE
CEMEX SA ADR Common 151290889 48 1430SH SOLE None SOLE
CHEVRON TEXACO CORPORATION Common 166764100 1001 13608SH SOLE None SOLE
CHINA FUND INC Common 169373107 8 227SH SOLE None SOLE
CIGNA CORP COM Common 125509109 87 660SH SOLE None SOLE
CISCO SYSTEMS Common 17275R102 27 1000SH SOLE None SOLE
CITIGROUP Common 172967101 28 500SH SOLE None SOLE
COCA COLA CO Common 191216100 29 600SH SOLE None SOLE
COMCAST CORP NEW CLASS A Common 20030N101 38 900SH SOLE None SOLE
COMCAST CORP SPL CL A Common 20030N200 25 600SH SOLE None SOLE
COMMERCE BANCORP INC NJ Common 200519106 -78 -2200SH SOLE None SOLE
COMMERCIAL NET LEASE COM Common 637417106 57 2500SH SOLE None SOLE
CONAGRA INCORPORATED Common 205887102 16 600SH SOLE None SOLE
CONOCO PHILLIPS Common 20825C104 285 3960SH SOLE None SOLE
CONSOLIDATED EDISON COM Common 209115104 96 2000SH SOLE None SOLE
CONSTELLATION BRAND Common 21036P108 6299 217050SH SOLE None SOLE
CONSTELLATION ENERGY CO Common 210371100 27 393SH SOLE None SOLE
CORINTHIAN COLLEGES COM Common 218868107 2 175SH SOLE None SOLE
CORN PRODS INTL INC Common 219023108 4884 141410SH SOLE None SOLE
COUNTRYWIDE FINANCIAL CORP Common 222372104 -93 -2200SH SOLE None SOLE
CURTISS WRIGHT CORP Common 231561101 4645 125264SH SOLE None SOLE
DPL INC COM Common 233293109 44 1598SH SOLE None SOLE
DARDEN RESTAURANTS INC COM Common 237194105 12 300SH SOLE None SOLE
DEERE & CO Common 244199105 37 390SH SOLE None SOLE
DEL MONTE CORPORATION Common 24522P103 2 200SH SOLE None SOLE
DEUTSCHE TELEKOM AG SPONSORED ADR Common 251566105 228 12500SH SOLE None SOLE
DIRECTV GROUP INC Common 25459L106 38 1534SH SOLE None SOLE
DISNEY WALT CO Common 254687106 31 900SH SOLE None SOLE
DOBSON COMMUNICATIONS CLASS A Common 256069105 21 2400SH SOLE None SOLE
DOMINION RES INC VA NEW Common 25746U109 52 622SH SOLE None SOLE
DOW CHEM CO Common 260543103 4 100SH SOLE None SOLE
DU PONT E I DE NEMOURS Common 263534109 49 1000SH SOLE None SOLE
DUKE ENERGY CORP Common 26441C105 245 7387SH SOLE None SOLE
EAGLE HOSPITALITY PPTY COM Common 26959T102 32 3500SH SOLE None SOLE
EARTHLINK INC. Common 270321102 61 8604SH SOLE None SOLE
EASTMAN CHEMICAL CORP Common 277432100 30 500SH SOLE None SOLE
EASTMAN KODAK CO Common 277461109 52 2000SH SOLE None SOLE
ELECTRONIC DATA SYSTEMS CORP Common 285661104 -55 -2000SH SOLE None SOLE
EMULEX CORP COM NEW Common 292475209 1 50SH SOLE None SOLE
ENBRIDGE INC COM Common 29250N105 5226 151925SH SOLE None SOLE
ENNIS BUSINESS FORMS COM Common 293389102 407 16655SH SOLE None SOLE
ENTERGY CORP Common 29364G103 25 269SH SOLE None SOLE
EQUIFAX INC COM Common 294429105 28 700SH SOLE None SOLE
EXELON CORP Common 30161N101 5305 85716SH SOLE None SOLE
EXXON MOBIL CORPORATION Common 30231G102 2507 32720SH SOLE None SOLE
F M C CORPORATION NEW Common 302491303 -54 -700SH SOLE None SOLE
FTI CONSULTING INC COM Common 302941109 4518 161983SH SOLE None SOLE
F5 NETWORKS INC COM Common 315616102 -67 -900SH SOLE None SOLE
FIRST AMERN CORP CALIF COM Common 318522307 4524 111215SH SOLE None SOLE
FIRST COMMUNITY BANCORP CALIFORNIA Common 31983B101 251 4798SH SOLE None SOLE
FORD MTR CO Common 345370860 11 1496SH SOLE None SOLE
FORTUNE BRANDS INC Common 349631101 13 153SH SOLE None SOLE
FRONTEER DEV GROUP INC COM Common 35903Q106 20 2120SH SOLE None SOLE
FRONTIER OIL CORP Common 35914P105 22 770SH SOLE None SOLE
GAMESTOP CORP CL B NEW Common 36467W208 12 212SH SOLE None SOLE
GAP INC DEL Common 364760108 59 3000SH SOLE None SOLE
GARMIN LTD Common G37260109 6 104SH SOLE None SOLE
GENERAL DYNAMICS CORP COM Common 369550108 157 2114SH SOLE None SOLE
GENERAL ELEC CO Common 369604103 1043 28026SH SOLE None SOLE
GENERAL GROWTH PROPERTIES Common 370021107 47 900SH SOLE None SOLE
GOOGLE INC CL A Common 38259P508 12 25SH SOLE None SOLE
GOOGLE INC CL A Common 38259P508 -122 -265SH SOLE None SOLE
HANESBRANDS INC Common 410345102 11 447SH SOLE None SOLE
HAVOVER INSURANCE GROUP Common 410867105 3 67SH SOLE None SOLE
HARLAND JOHN H COMPANY Common 412693103 5497 109500SH SOLE None SOLE
HEALTHSOUTH CORP COM Common 421924309 2272 100297SH SOLE None SOLE
HEADWATERS INC COM Common 42210P102 66 2770SH SOLE None SOLE
HELEN OF TROY CORP LTD COM Common G4388N106 63 2610SH SOLE None SOLE
HESS CORPORATION Common 42809H107 120 2414SH SOLE None SOLE
HEWLETT PACKARD CO COM Common 428236103 26 632SH SOLE None SOLE
HOME DEPOT, INC. Common 437076102 22 550SH SOLE None SOLE
HOSPITALITY PPTYS TR COM SH BEN INT Common 44106M102 48 1000SH SOLE None SOLE
IMS HEALTH INC Common 449934108 38 1400SH SOLE None SOLE
IDEARC INC Common 451663108 8 288SH SOLE None SOLE
INGERSOLL-RAND COMPANY CL A Common G4776G101 31 800SH SOLE None SOLE
INTEL CORP Common 458140100 97 4800SH SOLE None SOLE
INTERCONTINENTAL EXCHANGE Common 45865V100 -62 -575SH SOLE None SOLE
INTERNATIONAL BUS MACH Common 459200101 125 1282SH SOLE None SOLE
INTL PAPER CO Common 460146103 23 666SH SOLE None SOLE
JP MORGAN CHASE & CO Common 46625H100 103 2132SH SOLE None SOLE
JOHNSON & JOHNSON Common 478160104 26 400SH SOLE None SOLE
KLA-TENCOR CORP COM Common 482480100 -52 -1050SH SOLE None SOLE
KAMAN CORPORATION Common 483548103 13 600SH SOLE None SOLE
KEYCORP Common 493267108 76 2000SH SOLE None SOLE
KINDER MORGAN INC Common 49455P101 45 425SH SOLE None SOLE
KOREA ELECTRIC PWR SPONSORED ADR Common 500631106 18 800SH SOLE None SOLE
KOREA FD COM Common 500634100 48 1400SH SOLE None SOLE
KROGER COMPANY Common 501044101 42 1825SH SOLE None SOLE
LANDAUER INC COM Common 51476K103 687 13097SH SOLE None SOLE
LEVITT CORP Common 52742P108 653 53345SH SOLE None SOLE
LIBBEY INC Common 529898108 25 2000SH SOLE None SOLE
LOCKHEED MARTIN CORP Common 539830109 51 550SH SOLE None SOLE
LUXOTTICA GROUP SPA ADR Common 55068R202 6 200SH SOLE None SOLE
LYONDELL CHEMICAL CO Common 552078107 6 250SH SOLE None SOLE
MANULIFE FINL CORP COM Common 56501R106 40 1184SH SOLE None SOLE
MARTHA STEWART LIVING CL A Common 573083102 22 1000SH SOLE None SOLE
MASCO CORP Common 574599106 18 600SH SOLE None SOLE
MATTEL INC Common 577081102 18 800SH SOLE None SOLE
MAUI LAND & PINEAPPLE CO Common 577345101 2810 82851SH SOLE None SOLE
MCDONALDS CORP Common 580135101 44 1000SH SOLE None SOLE
MCGRAW-HILL COMPANIES Common 580645109 95 1400SH SOLE None SOLE
MERCK & CO INC Common 589331107 0 1SH SOLE None SOLE
MEREDITH CORP COM Common 589433101 3 50SH SOLE None SOLE
MERRILL LYNCH & CO INC Common 590188108 28 300SH SOLE None SOLE
METTLER TOLEDO INTL COM Common 592688105 21 261SH SOLE None SOLE
MEXICO FD INC COM Common 592835102 8 200SH SOLE None SOLE
MICROSOFT CORP Common 594918104 33 1110SH SOLE None SOLE
MINNESOTA MNG & MFG CO Common 88579Y101 194 2487SH SOLE None SOLE
MORGAN STANLEY DEAN WITTER Common 617446448 135 1658SH SOLE None SOLE
MURPHY OIL CORP COM Common 626717102 25 500SH SOLE None SOLE
NATIONAL GRID PLC SPON ADR NEW Common 636274300 11 150SH SOLE None SOLE
NATURAL RESOURCE PRTNR COM UNIT L P Common 63900P103 25 425SH SOLE None SOLE
NEKTAR THERAPEUTICS Common 640268108 3 175SH SOLE None SOLE
NETWORK APPLIANCE INC Common 64120L104 -59 -1500SH SOLE None SOLE
NEWELL RUBBERMAID INC COM Common 651229106 12 400SH SOLE None SOLE
NEWMONT MINING CORP COM Common 651639106 11 250SH SOLE None SOLE
NEWSTAR FINANCIAL INC Common 65251F105 96 5200SH SOLE None SOLE
NOBLE ENRGY INC COM Common 655044105 15 302SH SOLE None SOLE
NOKIA CORP SPON ADR F Common 654902204 1 56SH SOLE None SOLE
NORDIC AMERICAN TANKER SHPGT Common G65773106 160 4695SH SOLE None SOLE
NOVELLUS SYSTEMS INC Common 670008101 -93 -2700SH SOLE None SOLE
NUTRITION 21 INC Common 67069V108 6 3500SH SOLE None SOLE
OGE ENERGY CP HLDG CO Common 670837103 8 200SH SOLE None SOLE
OCCIDENTAL PETE CO Common 674599105 39 800SH SOLE None SOLE
PNC FINL SVCS GROUP COM Common 693475105 96 1300SH SOLE None SOLE
POSCO SPONSORED ADR Common 693483109 45 542SH SOLE None SOLE
PUBLIC SVC CO N MEX Common 69349H107 13 410SH SOLE None SOLE
PPG INDUSTRIES INC Common 693506107 34 525SH SOLE None SOLE
PPL CORP COM Common 69351T106 25 689SH SOLE None SOLE
PEPSICO INC Common 713448108 38 600SH SOLE None SOLE
PEREGRINE PHARMA INC Common 713661106 5 4000SH SOLE None SOLE
PETROCHINA CO F SPON ADR Common 71646E100 35 250SH SOLE None SOLE
PETSMART INC COM Common 716768106 2 80SH SOLE None SOLE
PFIZER INC Common 717081103 3514 135685SH SOLE None SOLE
PHELPS DODGE CORP Common 717265102 60 500SH SOLE None SOLE
PIONEER NAT RES CO COM Common 723787107 18 446SH SOLE None SOLE
PORTFOLIO RECOVERY ASSOC Common 73640Q105 4186 89660SH SOLE None SOLE
PRANA BIOTECHNOLOGY SPONSORED ADR Common 739727105 3 1000SH SOLE None SOLE
PROCTER & GAMBLE CO Common 742718109 167 2600SH SOLE None SOLE
PRIVATE BANCORP INC Common 742962103 7467 179375SH SOLE None SOLE
PROGRESS ENERGY INC COM Common 743263105 71 1441SH SOLE None SOLE
QUALCOMM Common 747525103 76 2000SH SOLE None SOLE
QUEST DIAGNOSTICS INC COM Common 74834L100 98 1840SH SOLE None SOLE
REGIONS FINANCIAL CORP Common 7591EP100 31 842SH SOLE None SOLE
REVLON INC CL A Common 761525500 2 1700SH SOLE None SOLE
RIO TINTO PLC SPONSORED ADR Common 767204100 4936 23231SH SOLE None SOLE
SABINE ROYALTY TR UBI Common 785688102 53 1250SH SOLE None SOLE
SALLY BEAUTY HLDGS INC COM Common 79546E104 1 100SH SOLE None SOLE
SARA LEE CORP Common 803111103 61 3576SH SOLE None SOLE
SCANA CORP NEW COM Common 80589M102 18 443SH SOLE None SOLE
SCHLUMBERGER LTD Common 806857108 32 500SH SOLE None SOLE
SCOTTISH POWER PLAC ADR F FINAL INSTA Common 81013T804 3 46SH SOLE None SOLE
SCRIPPS E W CO OHIO CL A Common 811054204 2 40SH SOLE None SOLE
SEALED AIR CORP Common 81211K100 32 500SH SOLE None SOLE
SEMPRA ENERGY COM Common 816851109 213 3796SH SOLE None SOLE
SIGMA ALDRICH CORP COM Common 826552101 16 200SH SOLE None SOLE
SIRIUS SATELLITE RADIO Common 82966U103 7 2000SH SOLE None SOLE
THE SOUTHERN COMPANY Common 842587107 45 1218SH SOLE None SOLE
SOUTHERN PERU COPPER COM Common 84265V105 259 4800SH SOLE None SOLE
SOUTHWEST AIRLS CO Common 844741108 8 500SH SOLE None SOLE
SOUTHWESTERN ENERGY CO COM Common 845467109 37 1053SH SOLE None SOLE
SOVRAN SELF STORAGE COM Common 84610H108 23 400SH SOLE None SOLE
STARBUCKS CORP COM Common 855244109 4 100SH SOLE None SOLE
STATE STREET CORP Common 857477103 41 607SH SOLE None SOLE
STREETTRACKS GOLD TR GOLD SHS Common 863307104 6 100SH SOLE None SOLE
SUN MICROSYSTEMS INC Common 866810104 5 1000SH SOLE None SOLE
SUNCOR ENERGY INC COM Common 867229106 853 10814SH SOLE None SOLE
SUNRISE SENIOR LIVING COM Common 86768K106 -61 -2000SH SOLE None SOLE
SYMANTEC CORP COM Common 871503108 17 800SH SOLE None SOLE
SYMYX TECHNOLOGIES COM Common 87155S108 -39 -1800SH SOLE None SOLE
TG PIPELINES LP Common 87233Q108 21 580SH SOLE None SOLE
TATA MTRS LTD SPONSORED ADR Common 876568502 3 125SH SOLE None SOLE
TEEKAY SHIPPING MARS IS COM Common Y8564W103 686 15732SH SOLE None SOLE
TIME WARNER INC Common 887317105 8 360SH SOLE None SOLE
TOOTSIE ROLL INDS INC COM Common 890516107 28 863SH SOLE None SOLE
21ST CENTY INS GROUP COM Common 90130N103 18 1000SH SOLE None SOLE
US BANCORP Common 902973304 11 300SH SOLE None SOLE
UNION PAC CORP Common 907818108 59 637SH SOLE None SOLE
UNITED FIRE & CAS CO COM Common 910331107 1445 40981SH SOLE None SOLE
UNITED PANAM FINANCIAL COM Common 911301109 2176 158157SH SOLE None SOLE
UNITED STATES STEEL CORP Common 912909108 5114 69918SH SOLE None SOLE
UNITED TECHNOLOGIES CP Common 913017109 358 5723SH SOLE None SOLE
UNITEDHEALTH GROUP INC COM Common 91324P102 78 1451SH SOLE None SOLE
VALERO ENERGY CORP NEW COM Common 91913Y100 4054 79251SH SOLE None SOLE
VECTREN CORP COM Common 92240G101 11 400SH SOLE None SOLE
VERIZON COMMUNICATIONS Common 92343V104 391 10498SH SOLE None SOLE
VISTEON CORP Common 92839U107 2 261SH SOLE None SOLE
WACHOVIA CORP NEW Common 929903102 34 600SH SOLE None SOLE
WAL MART STORES INC Common 931142103 5 100SH SOLE None SOLE
WALGREEN CO Common 931422109 69 1508SH SOLE None SOLE
WASHINGTON MUT INC Common 939322103 5 100SH SOLE None SOLE
WEIGHT WATCHERS INTL COM Common 948626106 3 50SH SOLE None SOLE
WELLS FARGO & CO Common 949746101 254 7142SH SOLE None SOLE
WHITE MTNS INS GRP LTD COM Common G9618E107 29 50SH SOLE None SOLE
WHOLE FOODS MKT INC COM Common 966837106 -75 -1600SH SOLE None SOLE
WILEY JOHN & SONS CL A Common 968223206 58 1500SH SOLE None SOLE
WINDSTREAM CORPORATION Common 97381W104 4 250SH SOLE None SOLE
WRIGLEY WM JR CO Common 982526105 4519 87367SH SOLE None SOLE
WYETH Common 983024100 42 828SH SOLE None SOLE
XCEL ENERGY INC Common 98389B100 26 1111SH SOLE None SOLE
YUM BRANDS Common 988498101 46 780SH SOLE None SOLE
ZION BANCORPORATION Common 989701107 28 345SH SOLE None SOLE
Total $153,355,000 3,521,765SH
</TABLE>
/TEXT
/DOCUMENT
/SUBMISSION
</TEXT>
</DOCUMENT>