General Counsel

0001567619-22-000057.txt : 20220103 0001567619-22-000057.hdr.sgml : 20220103 20220103171622 ACCESSION NUMBER: 0001567619-22-000057 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20211231 FILED AS OF DATE: 20220103 DATE AS OF CHANGE: 20220103 EFFECTIVENESS DATE: 20220103 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PRIVATE ASSET MANAGEMENT INC CENTRAL INDEX KEY: 0001026200 IRS NUMBER: 330524568 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-03581 FILM NUMBER: 22503075 BUSINESS ADDRESS: STREET 1: 5348 CARROLL CANYON RD STREET 2: #200 CITY: SAN DIEGO STATE: CA ZIP: 92121 BUSINESS PHONE: 6197923800 MAIL ADDRESS: STREET 1: 5348 CARROLL CANYON RD STREET 2: #200 CITY: SAN DIEGO STATE: CA ZIP: 92121 13F-HR 1 primary_doc.xml 13F-HR LIVE false true false 0001026200 XXXXXXXX 12-31-2021 12-31-2021 PRIVATE ASSET MANAGEMENT INC

5348 CARROLL CANYON RD #200 SAN DIEGO CA 92121

13F HOLDINGS REPORT 028-03581 N Michael D. Berlin General Counsel 858-750-4209 /s/ Michael D. Berlin San Diego CA 01-03-2022 0 149 814509 false INFORMATION TABLE 2 form13fInfoTable.xml Qualcomm Inc. Common Stock 747525103 93241 509872 SH SOLE None 0 0 509872 Apple Inc Common Stock 037833100 47051 264971 SH SOLE None 0 0 264971 Microsoft Corp Common Stock 594918104 37188 110568 SH SOLE None 0 0 110568 Alphabet Inc C Common Stock 02079K107 32478 11224 SH SOLE None 0 0 11224 The Home Depot Inc Common Stock 437076102 32006 77119 SH SOLE None 0 0 77119 Micron Technology Inc Common Stock 595112103 30902 331743 SH SOLE None 0 0 331743 Costco Wholesale Corp Common Stock 22160K105 29583 52110 SH SOLE None 0 0 52110 Bank of America Corporation Common Stock 060505104 28785 646985 SH SOLE None 0 0 646985 Visa Inc Class A Common Stock 92826C839 25530 117809 SH SOLE None 0 0 117809 JPMorgan Chase & Co Common Stock 46625H100 22942 144877 SH SOLE None 0 0 144877 Amazon.com Inc Common Stock 023135106 22450 6733 SH SOLE None 0 0 6733 Pfizer Inc Common Stock 717081103 21556 365052 SH SOLE None 0 0 365052 Merck & Co Inc Common Stock 58933Y105 16646 217193 SH SOLE None 0 0 217193 Johnson & Johnson Common Stock 478160104 16406 95901 SH SOLE None 0 0 95901 Raytheon Technologies Ord Common Stock 75513E101 14947 173679 SH SOLE None 0 0 173679 Walt Disney Co Common Stock 254687106 13831 89296 SH SOLE None 0 0 89296 Citigroup Inc Common Stock 172967424 13537 224163 SH SOLE None 0 0 224163 Chevron Corp Common Stock 166764100 12125 103323 SH SOLE None 0 0 103323 Starbucks Corp Common Stock 855244109 11967 102309 SH SOLE None 0 0 102309 Intel Corp Common Stock 458140100 11523 223755 SH SOLE None 0 0 223755 Oracle Corp Common Stock 68389X105 10649 122107 SH SOLE None 0 0 122107 Berkshire Hathaway Inc B Common Stock 084670702 10598 35446 SH SOLE None 0 0 35446 Bristol-Myers Squibb Company Common Stock 110122108 10061 161363 SH SOLE None 0 0 161363 Cisco Systems Inc Common Stock 17275R102 9027 142442 SH SOLE None 0 0 142442 PepsiCo Inc Common Stock 713448108 8638 49725 SH SOLE None 0 0 49725 Autodesk Inc Common Stock 052769106 8612 30628 SH SOLE None 0 0 30628 Salesforce.com Inc Common Stock 79466L302 8505 33469 SH SOLE None 0 0 33469 Procter & Gamble Co Common Stock 742718109 8298 50724 SH SOLE None 0 0 50724 Gilead Sciences Inc Common Stock 375558103 8152 112270 SH SOLE None 0 0 112270 Emerson Electric Co Common Stock 291011104 7941 85411 SH SOLE None 0 0 85411 Eaton Corp PLC Common Stock G29183103 7743 44805 SH SOLE None 0 0 44805 NextEra Energy Inc Common Stock 65339F101 7558 80958 SH SOLE None 0 0 80958 Colgate-Palmolive Co Common Stock 194162103 7409 86814 SH SOLE None 0 0 86814 Illumina Inc Common Stock 452327109 6648 17475 SH SOLE None 0 0 17475 iShares Core S&P Mid-Cap Exchange Traded Funds (ETF) 464287507 5850 20666 SH SOLE None 0 0 20666 SPDR S&P 500 ETF Exchange Traded Funds (ETF) 78462F103 5772 12152 SH SOLE None 0 0 12152 AT&T Inc Common Stock 00206R102 5024 204223 SH SOLE None 0 0 204223 Welltower Inc Com Common Stock 95040Q104 4840 56428 SH SOLE None 0 0 56428 Allstate Corp Common Stock 020002101 4811 40893 SH SOLE None 0 0 40893 Activision Blizzard Inc Common Stock 00507V109 4620 69442 SH SOLE None 0 0 69442 Constellation Brands Inc Common Stock 21036P108 4569 18206 SH SOLE None 0 0 18206 Realty Income Corp Common Stock 756109104 4421 61753 SH SOLE None 0 0 61753 Alphabet Inc A Common Stock 02079K305 4380 1512 SH SOLE None 0 0 1512 Uber Technologies Inc Common Stock 90353T100 4356 103877 SH SOLE None 0 0 103877 Dr Horton Inc Common Stock 23331A109 3865 35642 SH SOLE None 0 0 35642 Southern Co Common Stock 842587107 3846 56086 SH SOLE None 0 0 56086 International Business Machines Corp Common Stock 459200101 3411 25520 SH SOLE None 0 0 25520 Wells Fargo & Co Common Stock 949746101 3411 71094 SH SOLE None 0 0 71094 Novartis Ag Common Stock 66987V109 3408 38965 SH SOLE None 0 0 38965 NXP Semiconductors NV Common Stock N6596X109 3396 14908 SH SOLE None 0 0 14908 SPDR S&P MidCap 400 ETF Exchange Traded Funds (ETF) 78467Y107 2873 5548 SH SOLE None 0 0 5548 Union Pacific Corp Common Stock 907818108 2870 11390 SH SOLE None 0 0 11390 Charles Schwab Corp Common Stock 808513105 2676 31817 SH SOLE None 0 0 31817 BlackRock Inc Common Stock 09247X101 2670 2916 SH SOLE None 0 0 2916 Vanguard S&P 500 Etf Exchange Traded Funds (ETF) 922908363 2631 6027 SH SOLE None 0 0 6027 Corteva Inc Common Stock 22052L104 2543 53784 SH SOLE None 0 0 53784 Airbnb Inc Common Stock 009066101 2492 14967 SH SOLE None 0 0 14967 Keycorp New Dep Shs Pfd F Preferred Stock 493267876 2461 92367 SH SOLE None 0 0 92367 Duke Energy Corp Common Stock 26441C204 2450 23351 SH SOLE None 0 0 23351 CAP ONE FIN 40 DS REP PRF SRS I Preferred Stock 14040H824 2343 87572 SH SOLE None 0 0 87572 American Express Co Common Stock 025816109 2333 14259 SH SOLE None 0 0 14259 Xylem Inc Common Stock 98419M100 2308 19243 SH SOLE None 0 0 19243 Tesla Motors Inc Common Stock 88160R101 2212 2093 SH SOLE None 0 0 2093 Freeport-McMoRan Inc Common Stock 35671D857 1925 46126 SH SOLE None 0 0 46126 iShares MSCI EAFE Exchange Traded Funds (ETF) 464287465 1824 23177 SH SOLE None 0 0 23177 Invesco QQQ ETF Exchange Traded Funds (ETF) 46090E103 1722 4329 SH SOLE None 0 0 4329 SYNCHRONY FINL 40 DS REP SRS A PRF Preferred Stock 87165B202 1711 63538 SH SOLE None 0 0 63538 A S M L Holding Nv Common Stock N07059210 1607 2018 SH SOLE None 0 0 2018 PacWest Bancorp Common Stock 695263103 1581 35004 SH SOLE None 0 0 35004 New York Community Capital Trust V Preferred Stock 64944P307 1562 29524 SH SOLE None 0 0 29524 Technology Select Sector SPDR ETF Exchange Traded Funds (ETF) 81369Y803 1418 8156 SH SOLE None 0 0 8156 Nike Inc B Common Stock 654106103 1398 8388 SH SOLE None 0 0 8388 Sempra Energy Common Stock 816851109 1389 10500 SH SOLE None 0 0 10500 Caterpillar Inc Common Stock 149123101 1369 6622 SH SOLE None 0 0 6622 Vanguard FTSE Emerging Markets ETF Exchange Traded Funds (ETF) 922042858 1345 27196 SH SOLE None 0 0 27196 BP PLC ADR Common Stock 055622104 1324 49720 SH SOLE None 0 0 49720 Palantir Technologies Inc Ordinary Shares - Class Common Stock 69608A108 1285 70544 SH SOLE None 0 0 70544 Abbott Laboratories Common Stock 002824100 1222 8681 SH SOLE None 0 0 8681 Bank of America 4.125 Pfd Preferred Stock 06055H608 1157 45547 SH SOLE None 0 0 45547 Verizon Communications Inc Common Stock 92343V104 1153 22189 SH SOLE None 0 0 22189 Alibaba Group Holding Ltd ADR Common Stock 01609W102 1135 9551 SH SOLE None 0 0 9551 Sempra Energy Fxd Nt 79 Preferred Stock 816851604 1134 41492 SH SOLE None 0 0 41492 Exxon Mobil Corp Common Stock 30231G102 1092 17843 SH SOLE None 0 0 17843 Citizens Financial DS REP 1 40 SRS E PRF Preferred Stock 174610402 1076 40666 SH SOLE None 0 0 40666 AbbVie Inc Common Stock 00287Y109 916 6763 SH SOLE None 0 0 6763 Ameriprise Financial Inc Common Stock 03076C106 907 3007 SH SOLE None 0 0 3007 Financial Select Sector SPDR ETF Exchange Traded Funds (ETF) 81369Y605 888 22736 SH SOLE None 0 0 22736 AT&T DS REP 1000 SRS C PRF Preferred Stock 00206R706 878 33440 SH SOLE None 0 0 33440 Kinder Morgan Inc P Common Stock 49456B101 869 54815 SH SOLE None 0 0 54815 iShares California Muni Bond ETF Exchange Traded Funds (ETF) 464288356 867 13910 SH SOLE None 0 0 13910 Vanguard Mid-Cap ETF Exchange Traded Funds (ETF) 922908629 804 3157 SH SOLE None 0 0 3157 iShares Russell 2000 Exchange Traded Funds (ETF) 464287655 801 3600 SH SOLE None 0 0 3600 Stryker Corp Common Stock 863667101 735 2750 SH SOLE None 0 0 2750 ProShares Ultra QQQ Exchange Traded Funds (ETF) 74347R206 730 8200 SH SOLE None 0 0 8200 iShares Core S&P Small-Cap Exchange Traded Funds (ETF) 464287804 715 6243 SH SOLE None 0 0 6243 Heron Therapeutics Inc Common Stock 427746102 711 77841 SH SOLE None 0 0 77841 Select Sector Spdr Trust The Health Care Select Se Exchange Traded Funds (ETF) 81369Y209 656 4657 SH SOLE None 0 0 4657 BROOKFIELD FINANCE 4 625 SUBORD NTS Preferred Stock 11271L102 656 26055 SH SOLE None 0 0 26055 Nestle SA ADR Common Stock 641069406 624 4447 SH SOLE None 0 0 4447 SOUTHERN 2020 SRS C 4 20 JNR SUB NTS Preferred Stock 842587883 618 23764 SH SOLE None 0 0 23764 McDonald s Corp Common Stock 580135101 563 2100 SH SOLE None 0 0 2100 Public Service Enterprise Group Inc Common Stock 744573106 563 8438 SH SOLE None 0 0 8438 Select Sector Spdr Fund Shs Ben Consumer Discretio Exchange Traded Funds (ETF) 81369Y407 557 2724 SH SOLE None 0 0 2724 Toronto Dominion Bk Ont Com New Common Stock 891160509 473 6174 SH SOLE None 0 0 6174 Berkshire Hat A 100th Common Stock 084990175 451 100 SH SOLE None 0 0 100 Schwab US Large Cap ETF Exchange Traded Funds (ETF) 808524201 444 3900 SH SOLE None 0 0 3900 UnitedHealth Group Inc Common Stock 91324P102 421 839 SH SOLE None 0 0 839 Wal-Mart Stores Inc Common Stock 931142103 407 2816 SH SOLE None 0 0 2816 Schwab US Large Cap Growth ETF Exchange Traded Funds (ETF) 808524300 395 2410 SH SOLE None 0 0 2410 Lowe s Companies Inc Common Stock 548661107 388 1501 SH SOLE None 0 0 1501 Amgen Inc Common Stock 031162100 387 1719 SH SOLE None 0 0 1719 Communication Services Sel Sect SPDR ETF Exchange Traded Funds (ETF) 81369Y852 380 4895 SH SOLE None 0 0 4895 Royal Dutch Shell PLC Common Stock 780259206 380 8750 SH SOLE None 0 0 8750 Innovative Industrial Properties Inc Common Stock 45781V101 376 1430 SH SOLE None 0 0 1430 Waste Management Inc Common Stock 94106L109 356 2135 SH SOLE None 0 0 2135 Schwab US Broad Market ETF Exchange Traded Funds (ETF) 808524102 351 3110 SH SOLE None 0 0 3110 Becton Dickinson and Co Common Stock 075887109 344 1368 SH SOLE None 0 0 1368 US BANCORP DS REP 1 1000 SRS M PRF Preferred Stock 902973718 340 13500 SH SOLE None 0 0 13500 SPDR Dow Jones Industrial Average ETF Exchange Traded Funds (ETF) 78467X109 331 910 SH SOLE None 0 0 910 Thermo Fisher Scientific Inc Common Stock 883556102 330 495 SH SOLE None 0 0 495 PayPal Holdings Inc Common Stock 70450Y103 329 1742 SH SOLE None 0 0 1742 Honeywell International Inc Common Stock 438516106 322 1543 SH SOLE None 0 0 1543 iShares Core S&P 500 Exchange Traded Funds (ETF) 464287200 320 670 SH SOLE None 0 0 670 Industrial Select Sector SPDR ETF Exchange Traded Funds (ETF) 81369Y704 312 2949 SH SOLE None 0 0 2949 BNY Mellon Strategic Municipal Bond Fund Closed End Income Funds Non-Taxable 09662E109 309 37000 SH SOLE None 0 0 37000 Public Storage Common Stock 74460D109 303 810 SH SOLE None 0 0 810 Morgan Stanley Common Stock 617446448 303 3082 SH SOLE None 0 0 3082 Invesco S&P 500 Pure Growth ETF Exchange Traded Funds (ETF) 46137V266 301 1429 SH SOLE None 0 0 1429 General Electric Co Common Stock 369604301 300 3177 SH SOLE None 0 0 3177 NVIDIA Corp Common Stock 67066G104 299 1018 SH SOLE None 0 0 1018 Kimberly-Clark Corp Common Stock 494368103 297 2080 SH SOLE None 0 0 2080 Southwest Gas Holdings Inc Common Stock 844895102 280 4000 SH SOLE None 0 0 4000 AXOS FINANCIAL INC Common Stock 05465C100 280 5000 SH SOLE None 0 0 5000 Coca-Cola Co Common Stock 191216100 279 4716 SH SOLE None 0 0 4716 Nektar Therapeutics Common Stock 640268108 279 20657 SH SOLE None 0 0 20657 ConocoPhillips Common Stock 20825C104 265 3674 SH SOLE None 0 0 3674 First Trust NASDAQ Cln Edge GrnEngyETF Exchange Traded Funds (ETF) 33733E500 254 3740 SH SOLE None 0 0 3740 Private Bancorp of America Inc Common Stock 74274F100 243 9025 SH SOLE None 0 0 9025 Adobe Systems Inc Common Stock 00724F101 231 408 SH SOLE None 0 0 408 Kimco Realty Corp Common Stock 49446R109 225 9138 SH SOLE None 0 0 9138 Comcast Corp Class A Common Stock 20030N101 225 4467 SH SOLE None 0 0 4467 Vanguard Dividend Appreciation ETF Exchange Traded Funds (ETF) 921908844 216 1258 SH SOLE None 0 0 1258 Facebook Inc A Common Stock 30303M102 213 632 SH SOLE None 0 0 632 Vale SA Common Stock 91912E105 208 14825 SH SOLE None 0 0 14825 Truist Finl Corp Com Common Stock 89832Q109 206 3511 SH SOLE None 0 0 3511 Griffin Cap Essntl Ast Reit II Com Cl E Common Stock 39818P880 157 17256 SH SOLE None 0 0 17256 Iteris Inc Common Stock 46564T107 80 20000 SH SOLE None 0 0 20000 22nd Century Group Inc Common Stock 90137F103 56 18000 SH SOLE None 0 0 18000 Artemis Resources Ltd Common Stock Q05532298 1 10714 SH SOLE None 0 0 10714