13F-HR 1 pekin1q2011.txt PEKIN SINGER STRAUSS ASSET MANAGEMENT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2011 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: Pekin, Singer Strauss Asset Management, Inc. Address: 21 South Clark Street, Suite 3325 Chicago, IL 13F File Number: 028-05740 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: William Schmidle Title: Chief Financial Officer Phone: 312-554-7526 Signature, Place, and Date of Signing: /s/ William Schmidle Chicago, IL May 11, 2011 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 132 Form 13F Information Table Value Total: $415,367 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional managers with respect to which this report is filed, other than the manager filing this report. NONE FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- 3M CO COM 88579Y101 343 3672 SH SOLE 0 0 3672 ABBOTT LABS COM 002824100 836 17049 SH SOLE 0 0 17049 ACCO BRANDS CORP COM 00081T108 257 26950 SH SOLE 0 0 26950 ACE LTD SHS H0023R105 418 6456 SH SOLE 0 0 6456 ADVANCE AMER CASH ADVANCE CT COM 00739W107 303 57200 SH SOLE 0 0 57200 ALBANY MOLECULAR RESH INC COM 012423109 7533 1768240 SH SOLE 0 0 1768240 ALLIANCEBERNSTEIN HOLDING LP UNIT LTD PARTN 01881G106 5576 255786 SH SOLE 0 0 255786 ALLSTATE CORP COM 020002101 236 7424 SH SOLE 0 0 7424 ALTRIA GROUP INC COM 02209S103 536 20606 SH SOLE 0 0 20606 AMERICAN ELEC PWR INC COM 025537101 332 9452 SH SOLE 0 0 9452 AMERICAN EXPRESS CO COM 025816109 355 7850 SH SOLE 0 0 7850 ANNALY CAP MGMT INC COM 035710409 17649 1011393 SH SOLE 0 0 1011393 APACHE CORP COM 037411105 209 1600 SH SOLE 0 0 1600 APPLE INC COM 037833100 1908 5475 SH SOLE 0 0 5475 AT&T INC COM 00206R102 897 29291 SH SOLE 0 0 29291 AUTOMATIC DATA PROCESSING IN COM 053015103 263 5125 SH SOLE 0 0 5125 BANK OF AMERICA CORPORATION COM 060505104 450 33780 SH SOLE 0 0 33780 BANK OF NEW YORK MELLON CORP COM 064058100 286 9573 SH SOLE 0 0 9573 BARRICK GOLD CORP COM 067901108 290 5583 SH SOLE 0 0 5583 BAXTER INTL INC COM 071813109 362 6739 SH SOLE 0 0 6739 BECTON DICKINSON & CO COM 075887109 216 2715 SH SOLE 0 0 2715 BERKSHIRE HATHAWAY INC DEL CL A 084670108 251 2 SH SOLE 0 0 2 BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 691 8264 SH SOLE 0 0 8264 BP PLC SPONSORED ADR 055622104 10158 230132 SH SOLE 0 0 230132 BRISTOL MYERS SQUIBB CO COM 110122108 688 26032 SH SOLE 0 0 26032 CANADIAN NATL RY CO COM 136375102 4195 55731 SH SOLE 0 0 55731 CATERPILLAR INC DEL COM 149123101 391 3513 SH SOLE 0 0 3513 CBOE HLDGS INC COM 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200264 SH SOLE 0 0 200264 DISNEY WALT CO COM DISNEY 254687106 291 6761 SH SOLE 0 0 6761 DOMINION RES INC VA NEW COM 25746U109 437 9778 SH SOLE 0 0 9778 DOW CHEM CO COM 260543103 238 6300 SH SOLE 0 0 6300 DU PONT E I DE NEMOURS & CO COM 263534109 398 7235 SH SOLE 0 0 7235 DUKE ENERGY CORP NEW COM 26441C105 294 16212 SH SOLE 0 0 16212 DUN & BRADSTREET CORP DEL NE COM 26483E100 409 5097 SH SOLE 0 0 5097 E M C CORP MASS COM 268648102 226 8525 SH SOLE 0 0 8525 EMERSON ELEC CO COM 291011104 1573 26915 SH SOLE 0 0 26915 ENTERPRISE PRODS PARTNERS L COM 293792107 325 7555 SH SOLE 0 0 7555 ETFS GOLD TR SHS 26922Y105 5130 35975 SH SOLE 0 0 35975 ETFS SILVER TR SILVER SHS 26922X107 467 12450 SH SOLE 0 0 12450 EXELON CORP COM 30161N101 4355 105593 SH SOLE 0 0 105593 EXXON MOBIL CORP COM 30231G102 7585 90153 SH SOLE 0 0 90153 FEDEX CORP COM 31428X106 213 2275 SH SOLE 0 0 2275 FEMALE HEALTH CO COM 314462102 188 37600 SH SOLE 0 0 37600 FORD MTR CO DEL COM PAR $0.01 345370860 245 16400 SH SOLE 0 0 16400 FREEPORT-MCMORAN COPPER & GO COM 35671D857 210 3780 SH SOLE 0 0 3780 GABELLI EQUITY TR INC COM 362397101 84 13565 SH SOLE 0 0 13565 GATX CORP COM 361448103 363 9400 SH SOLE 0 0 9400 GENERAL DYNAMICS CORP COM 369550108 352 4600 SH SOLE 0 0 4600 GENERAL ELECTRIC CO COM 369604103 4223 210633 SH SOLE 0 0 210633 GOOGLE INC CL A 38259P508 214 365 SH SOLE 0 0 365 HANESBRANDS INC COM 410345102 14532 537425 SH SOLE 0 0 537425 HOME DEPOT INC COM 437076102 630 17004 SH SOLE 0 0 17004 ILLINOIS TOOL WKS INC COM 452308109 392 7300 SH SOLE 0 0 7300 INSTEEL INDUSTRIES INC COM 45774W108 423 29900 SH SOLE 0 0 29900 INTEL CORP COM 458140100 294 14575 SH SOLE 0 0 14575 INTERNATIONAL BUSINESS MACHS COM 459200101 1089 6677 SH SOLE 0 0 6677 IPASS INC COM 46261V108 22 14000 SH SOLE 0 0 14000 ISHARES GOLD TRUST ISHARES 464285105 2117 151000 SH SOLE 0 0 151000 ISHARES SILVER TRUST ISHARES 46428Q109 533 14500 SH SOLE 0 0 14500 ITERIS INC COM 46564T107 15 10635 SH SOLE 0 0 10635 JOHNSON & JOHNSON COM 478160104 17319 292306 SH SOLE 0 0 292306 JPMORGAN CHASE & CO COM 46625H100 4263 92470 SH SOLE 0 0 92470 K SEA TRANSN PARTNERS LP COM 48268Y101 6216 759886 SH SOLE 0 0 759886 KIMBERLY CLARK CORP COM 494368103 4110 62976 SH SOLE 0 0 62976 KRAFT FOODS INC CL A 50075N104 513 16345 SH SOLE 0 0 16345 MANULIFE FINL CORP COM 56501R106 543 30698 SH SOLE 0 0 30698 MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 347 5775 SH SOLE 0 0 5775 MEDTRONIC INC COM 585055106 603 15327 SH SOLE 0 0 15327 MERCK & CO INC NEW COM 58933Y105 6335 191925 SH SOLE 0 0 191925 MICROSOFT CORP COM 594918104 1465 57778 SH SOLE 0 0 57778 MOLEX INC COM 608554101 1381 54975 SH SOLE 0 0 54975 NABORS INDUSTRIES LTD SHS G6359F103 18725 616375 SH SOLE 0 0 616375 NEWELL RUBBERMAID INC COM 651229106 473 24724 SH SOLE 0 0 24724 NEXTERA ENERGY INC COM 65339F101 267 4840 SH SOLE 0 0 4840 NOBLE CORPORATION BAAR NAMEN -AKT H5833N103 9286 203550 SH SOLE 0 0 203550 NOKIA CORP SPONSORED ADR 654902204 244 28725 SH SOLE 0 0 28725 NOVARTIS A G SPONSORED ADR 66987V109 20146 370675 SH SOLE 0 0 370675 PARKER HANNIFIN CORP COM 701094104 277 2925 SH SOLE 0 0 2925 PDI INC COM 69329V100 2902 357825 SH SOLE 0 0 357825 PEPSICO INC COM 713448108 3225 50064 SH SOLE 0 0 50064 PETSMART INC COM 716768106 5609 136980 SH SOLE 0 0 136980 PFIZER INC COM 717081103 23768 1170284 SH SOLE 0 0 1170284 PHILIP MORRIS INTL INC COM 718172109 2034 30986 SH SOLE 0 0 30986 PICO HLDGS INC COM NEW 693366205 11424 380046 SH SOLE 0 0 380046 POWERWAVE TECHNOLOGIES INC COM 739363109 1747 387300 SH SOLE 0 0 387300 PRAXAIR INC COM 74005P104 228 2244 SH SOLE 0 0 2244 PRIVATEBANCORP INC COM 742962103 158 10350 SH SOLE 0 0 10350 PROCTER & GAMBLE CO COM 742718109 1346 21847 SH SOLE 0 0 21847 RADIO ONE INC CL D NON VTG 75040P405 386 197754 SH SOLE 0 0 197754 ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 712 9775 SH SOLE 0 0 9775 SANFILIPPO JOHN B & SON INC COM 800422107 18389 1571750 SH SOLE 0 0 1571750 SCHLUMBERGER LTD COM 806857108 214 2297 SH SOLE 0 0 2297 SEALED AIR CORP NEW COM 81211K100 13262 497459 SH SOLE 0 0 497459 SPDR GOLD TRUST GOLD SHS 78463V107 10998 78636 SH SOLE 0 0 78636 SPDR S&P 500 ETF TR TR UNIT 78462F103 363 2737 SH SOLE 0 0 2737 SPECTRA ENERGY CORP COM 847560109 222 8151 SH SOLE 0 0 8151 SPROTT PHYSICAL GOLD TRUST UNIT 85207H104 8510 673255 SH SOLE 0 0 673255 SPROTT PHYSICAL SILVER TR TR UNIT 85207K107 9674 549950 SH SOLE 0 0 549950 STARBUCKS CORP COM 855244109 232 6285 SH SOLE 0 0 6285 SUNCOR ENERGY INC NEW COM 867224107 263 5860 SH SOLE 0 0 5860 SUPERVALU INC COM 868536103 198 22126 SH SOLE 0 0 22126 TECH DATA CORP DBCV 2.750%12/1 878237AE6 113 105000 PRN SOLE 0 0 105000 TEVA PHARMACEUTICAL INDS LTD ADR 881624209 364 7259 SH SOLE 0 0 7259 TRANSOCEAN INC NOTE 1.500%12/1 893830av1 4189 4205000 PRN SOLE 0 0 4205000 TRANSOCEAN INC NOTE 1.500%12/1 893830AW9 209 211000 PRN SOLE 0 0 211000 UNION PAC CORP COM 907818108 345 3506 SH SOLE 0 0 3506 UNITED TECHNOLOGIES CORP COM 913017109 468 5527 SH SOLE 0 0 5527 VANGUARD INTL EQUITY INDEX F MSCI EMR MKT ETF 922042858 2081 42503 SH SOLE 0 0 42503 VERIZON COMMUNICATIONS INC COM 92343V104 702 18209 SH SOLE 0 0 18209 VODAFONE GROUP PLC NEW SPONS ADR NEW 92857W209 228 7943 SH SOLE 0 0 7943 WAL MART STORES INC COM 931142103 15917 305795 SH SOLE 0 0 305795 WALGREEN CO COM 931422109 1266 31540 SH SOLE 0 0 31540 WELLS FARGO & CO NEW COM 949746101 273 8603 SH SOLE 0 0 8603 WILLIS GROUP HOLDINGS PUBLIC SHS G96666105 18167 450135 SH SOLE 0 0 450135 WINTRUST FINANCIAL CORP COM 97650W108 298 8100 SH SOLE 0 0 8100 ZEBRA TECHNOLOGIES CORP CL A 989207105 2488 63400 SH SOLE 0 0 63400