13F-HR 1 usw1q09.txt 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, 2009 Check here if Amendment: Not an amendment. Amendment Number: Not an amendment. This Amendment is a restatement(Check only one.): Not an amendment. Or This Amendment adds new holdings entries: Not an amendment. Institutional Investment Manager Filing this Report: Name: Qwest Asset Management Company Address: 1801 California Street, Suite 3800 Denver, CO 80202 Form 13F File Number: 028-03453 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: Paul Strong Title: Investment Manager Phone: 303-382-0620 Signature, Place, and Date of Signing: /s/ Paul Strong Englewood, CO April 28, 2009 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).) Form 13F Summary Page Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 230 Form 13F Information Table Value Total: $162,319(x1000) 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.) NONE VALUE SHARES/ SH/ PUT/ INVSTMT -----VOTING AUTHORITY----- NAME OF ISSUER -TITLE OF CLASS- --CUSIP-- (X$1000) PRN AMT PRN CALL DSCRETN -MANAGERS- SOLE SHARED NONE D ARCH CAP GROUP LTD ORD G0450A105 380 7047 SH SOLE 7047 0 0 D ACCENTURE LTD BERMUDA CL A G1150G111 275 10015 SH SOLE 10015 0 0 D COVIDIEN LTD COM G2552X108 606 18234 SH SOLE 18234 0 0 D TRANSOCEAN LTD REG SHS H8817H100 209 3559 SH SOLE 3559 0 0 D AMR CORP COM 001765106 87 27249 SH SOLE 27249 0 0 D AT&T INC COM 00206R102 2863 113621 SH SOLE 113621 0 0 D ABBOTT LABS COM 002824100 1830 38356 SH SOLE 38356 0 0 D ACUITY BRANDS INC COM 00508Y102 571 25345 SH SOLE 25345 0 0 D AETNA INC NEW COM 00817Y108 396 16270 SH SOLE 16270 0 0 D AGILENT TECHNOLOGIES INC COM 00846U101 600 39041 SH SOLE 39041 0 0 D ALCOA INC COM 013817101 658 89665 SH SOLE 89665 0 0 D ALLIANT ENERGY CORP COM 018802108 617 24992 SH SOLE 24992 0 0 D ALTRIA GROUP INC COM 02209S103 1512 94379 SH SOLE 94379 0 0 D AMAZON COM INC COM 023135106 721 9820 SH SOLE 9820 0 0 D AMERIPRISE FINL INC COM 03076C106 562 27423 SH SOLE 27423 0 0 D AMGEN INC COM 031162100 1592 32140 SH SOLE 32140 0 0 D APACHE CORP COM 037411105 512 7990 SH SOLE 7990 0 0 D APOLLO GROUP INC CL A 037604105 364 4652 SH SOLE 4652 0 0 D APPLE INC COM 037833100 1695 16121 SH SOLE 16121 0 0 D APPLIED MATLS INC COM 038222105 594 55232 SH SOLE 55232 0 0 D ASSURANT INC COM 04621X108 317 14566 SH SOLE 14566 0 0 D AUTOLIV INC COM 052800109 711 38303 SH SOLE 38303 0 0 D AUTOMATIC DATA PROCESSING IN COM 053015103 304 8650 SH SOLE 8650 0 0 D AUTONATION INC COM 05329W102 538 38775 SH SOLE 38775 0 0 D AVIS BUDGET GROUP COM 053774105 32 35640 SH SOLE 35640 0 0 D BANK OF AMERICA CORPORATION COM 060505104 462 67713 SH SOLE 67713 0 0 D BARNES & NOBLE INC COM 067774109 346 16188 SH SOLE 16188 0 0 D BAXTER INTL INC COM 071813109 824 16088 SH SOLE 16088 0 0 D BECTON DICKINSON & CO COM 075887109 986 14664 SH SOLE 14664 0 0 D BIG LOTS INC COM 089302103 270 13005 SH SOLE 13005 0 0 D BLACK & DECKER CORP COM 091797100 552 17492 SH SOLE 17492 0 0 D BOEING CO COM 097023105 1242 34900 SH SOLE 34900 0 0 D BRISTOL MYERS SQUIBB CO COM 110122108 1664 75932 SH SOLE 75932 0 0 D CBS CORP NEW CL B 124857202 263 68598 SH SOLE 68598 0 0 D CIGNA CORP COM 125509109 324 18393 SH SOLE 18393 0 0 D CSX CORP COM 126408103 624 24130 SH SOLE 24130 0 0 D CABLEVISION SYS CORP CL A NY CABLVS 12686C109 304 23530 SH SOLE 23530 0 0 D CATERPILLAR INC DEL COM 149123101 320 11457 SH SOLE 11457 0 0 D CENTURYTEL INC COM 156700106 973 34606 SH SOLE 34606 0 0 D CHENIERE ENERGY INC COM NEW 16411R208 44 10396 SH SOLE 10396 0 0 D CHEVRON CORP NEW COM 166764100 3211 47755 SH SOLE 47755 0 0 D CHUBB CORP COM 171232101 752 17765 SH SOLE 17765 0 0 D CINCINNATI FINL CORP COM 172062101 444 19432 SH SOLE 19432 0 0 D CISCO SYS INC COM 17275R102 1817 108344 SH SOLE 108344 0 0 D CITIGROUP INC COM 172967101 444 175426 SH SOLE 175426 0 0 D COCA COLA CO COM 191216100 1565 35611 SH SOLE 35611 0 0 D COCA COLA ENTERPRISES INC COM 191219104 563 42684 SH SOLE 42684 0 0 D COLGATE PALMOLIVE CO COM 194162103 241 4084 SH SOLE 4084 0 0 D COLONIAL PPTYS TR COM SH BEN INT 195872106 66 17319 SH SOLE 17319 0 0 D COMPUTER SCIENCES CORP COM 205363104 544 14769 SH SOLE 14769 0 0 D COMPUWARE CORP COM 205638109 688 104380 SH SOLE 104380 0 0 D CONAGRA FOODS INC COM 205887102 646 38287 SH SOLE 38287 0 0 D CONOCOPHILLIPS COM 20825C104 1033 26390 SH SOLE 26390 0 0 D CONSTELLATION BRANDS INC CL A 21036P108 756 63552 SH SOLE 63552 0 0 D CONVERGYS CORP COM 212485106 129 16027 SH SOLE 16027 0 0 D CORNING INC COM 219350105 425 32061 SH SOLE 32061 0 0 D COSTCO WHSL CORP NEW COM 22160K105 535 11545 SH SOLE 11545 0 0 D CRANE CO COM 224399105 580 34375 SH SOLE 34375 0 0 D CROWN HOLDINGS INC COM 228368106 492 21653 SH SOLE 21653 0 0 D D R HORTON INC COM 23331A109 299 30798 SH SOLE 30798 0 0 D DST SYS INC DEL COM 233326107 855 24711 SH SOLE 24711 0 0 D DTE ENERGY CO COM 233331107 614 22174 SH SOLE 22174 0 0 D DEERE & CO COM 244199105 254 7742 SH SOLE 7742 0 0 D DELL INC COM 24702R101 103 10831 SH SOLE 10831 0 0 D DISNEY WALT CO COM DISNEY 254687106 1471 80983 SH SOLE 80983 0 0 D DOMINION RES INC VA NEW COM 25746U109 769 24829 SH SOLE 24829 0 0 D DU PONT E I DE NEMOURS & CO COM 263534109 857 38385 SH SOLE 38385 0 0 D DUKE ENERGY CORP NEW COM 26441C105 1268 88582 SH SOLE 88582 0 0 D E M C CORP MASS COM 268648102 643 56415 SH SOLE 56415 0 0 D EOG RES INC COM 26875P101 660 12047 SH SOLE 12047 0 0 D EASTMAN CHEM CO COM 277432100 370 13805 SH SOLE 13805 0 0 D EBAY INC COM 278642103 145 11548 SH SOLE 11548 0 0 D EDISON INTL COM 281020107 1053 36535 SH SOLE 36535 0 0 D EMERSON ELEC CO COM 291011104 280 9806 SH SOLE 9806 0 0 D EXPRESS SCRIPTS INC COM 302182100 425 9204 SH SOLE 9204 0 0 D EXXON MOBIL CORP COM 30231G102 7972 117059 SH SOLE 117059 0 0 D FAIRCHILD SEMICONDUCTOR INTL COM 303726103 137 36793 SH SOLE 36793 0 0 D FEDERAL REALTY INVT TR SH BEN INT NEW 313747206 201 4367 SH SOLE 4367 0 0 D FEDEX CORP COM 31428X106 203 4564 SH SOLE 4564 0 0 D FIRST SOLAR INC COM 336433107 412 3106 SH SOLE 3106 0 0 D FIRSTMERIT CORP COM 337915102 424 23282 SH SOLE 23282 0 0 D FIRSTENERGY CORP COM 337932107 913 23665 SH SOLE 23665 0 0 D FORTUNE BRANDS INC COM 349631101 452 18395 SH SOLE 18395 0 0 D FRANKLIN RES INC COM 354613101 544 10097 SH SOLE 10097 0 0 D FRONTIER COMMUNICATIONS CORP COM 35906A108 611 85094 SH SOLE 85094 0 0 D GATX CORP COM 361448103 353 17437 SH SOLE 17437 0 0 D GANNETT INC COM 364730101 93 42450 SH SOLE 42450 0 0 D GAP INC DEL COM 364760108 380 29225 SH SOLE 29225 0 0 D GENENTECH INC COM NEW 368710406 1051 11059 SH SOLE 11059 0 0 D GENERAL DYNAMICS CORP COM 369550108 688 16538 SH SOLE 16538 0 0 D GENERAL ELECTRIC CO COM 369604103 1903 188246 SH SOLE 188246 0 0 D GILEAD SCIENCES INC COM 375558103 1109 23946 SH SOLE 23946 0 0 D GOLDMAN SACHS GROUP INC COM 38141G104 1112 10491 SH SOLE 10491 0 0 D GOODYEAR TIRE & RUBR CO COM 382550101 127 20289 SH SOLE 20289 0 0 D GOOGLE INC CL A 38259P508 1906 5475 SH SOLE 5475 0 0 D HLTH CORPORATION COM 40422Y101 110 10650 SH SOLE 10650 0 0 D HALLIBURTON CO COM 406216101 782 50523 SH SOLE 50523 0 0 D HARLEY DAVIDSON INC COM 412822108 268 20002 SH SOLE 20002 0 0 D HEARST-ARGYLE TELEVISION INC COM 422317107 166 39942 SH SOLE 39942 0 0 D HESS CORP COM 42809H107 468 8638 SH SOLE 8638 0 0 D HEWLETT PACKARD CO COM 428236103 1358 42343 SH SOLE 42343 0 0 D HOME DEPOT INC COM 437076102 1517 64385 SH SOLE 64385 0 0 D IAC INTERACTIVECORP COM PAR $.001 44919P508 454 29832 SH SOLE 29832 0 0 D ITT EDUCATIONAL SERVICES INC COM 45068B109 235 1932 SH SOLE 1932 0 0 D INGRAM MICRO INC CL A 457153104 499 39459 SH SOLE 39459 0 0 D INTEL CORP COM 458140100 1429 94955 SH SOLE 94955 0 0 D INTERNATIONAL BUSINESS MACHS COM 459200101 3582 36973 SH SOLE 36973 0 0 D INTL PAPER CO COM 460146103 221 31445 SH SOLE 31445 0 0 D INTERNATIONAL RECTIFIER CORP COM 460254105 182 13441 SH SOLE 13441 0 0 D JPMORGAN CHASE & CO COM 46625H100 2037 76626 SH SOLE 76626 0 0 D JANUS CAP GROUP INC COM 47102X105 171 25756 SH SOLE 25756 0 0 D JOHNSON & JOHNSON COM 478160104 3744 71179 SH SOLE 71179 0 0 D JONES APPAREL GROUP INC COM 480074103 54 12866 SH SOLE 12866 0 0 D KENNAMETAL INC COM 489170100 248 15311 SH SOLE 15311 0 0 D KEYCORP NEW COM 493267108 371 47119 SH SOLE 47119 0 0 D KRAFT FOODS INC CL A 50075N104 984 44163 SH SOLE 44163 0 0 D LENNOX INTL INC COM 526107107 208 7878 SH SOLE 7878 0 0 D LEUCADIA NATL CORP COM 527288104 187 12590 SH SOLE 12590 0 0 D LEXMARK INTL NEW CL A 529771107 444 26301 SH SOLE 26301 0 0 D LIBERTY MEDIA CORP NEW CAP COM SER A 53071M302 314 44919 SH SOLE 44919 0 0 D LINCARE HLDGS INC COM 532791100 241 11074 SH SOLE 11074 0 0 D LOCKHEED MARTIN CORP COM 539830109 444 6435 SH SOLE 6435 0 0 D LOEWS CORP COM 540424108 419 18946 SH SOLE 18946 0 0 D LOWES COS INC COM 548661107 215 11777 SH SOLE 11777 0 0 D M & T BK CORP COM 55261F104 741 16381 SH SOLE 16381 0 0 D M D C HLDGS INC COM 552676108 241 7753 SH SOLE 7753 0 0 D MARKEL CORP COM 570535104 331 1166 SH SOLE 1166 0 0 D MARSHALL & ILSLEY CORP NEW COM 571837103 205 36411 SH SOLE 36411 0 0 D MASCO CORP COM 574599106 358 51313 SH SOLE 51313 0 0 D MASTERCARD INC CL A 57636Q104 302 1801 SH SOLE 1801 0 0 D MCDERMOTT INTL INC COM 580037109 155 11580 SH SOLE 11580 0 0 D MCDONALDS CORP COM 580135101 1592 29167 SH SOLE 29167 0 0 D MEADWESTVACO CORP COM 583334107 482 40166 SH SOLE 40166 0 0 D MEDCO HEALTH SOLUTIONS INC COM 58405U102 594 14362 SH SOLE 14362 0 0 D MEDTRONIC INC COM 585055106 685 23248 SH SOLE 23248 0 0 D MERCK & CO INC COM 589331107 2055 76837 SH SOLE 76837 0 0 D MEREDITH CORP COM 589433101 496 29797 SH SOLE 29797 0 0 D METLIFE INC COM 59156R108 313 13733 SH SOLE 13733 0 0 D MICROSOFT CORP COM 594918104 3672 199870 SH SOLE 199870 0 0 D MOLSON COORS BREWING CO CL B 60871R209 531 15483 SH SOLE 15483 0 0 D MONSANTO CO NEW COM 61166W101 650 7822 SH SOLE 7822 0 0 D MOODYS CORP COM 615369105 417 18189 SH SOLE 18189 0 0 D MORGAN STANLEY COM NEW 617446448 538 23644 SH SOLE 23644 0 0 D MOSAIC CO COM 61945A107 260 6204 SH SOLE 6204 0 0 D MYRIAD GENETICS INC COM 62855J104 511 11234 SH SOLE 11234 0 0 D NBTY INC COM 628782104 367 26046 SH SOLE 26046 0 0 D NCR CORP NEW COM 62886E108 290 36460 SH SOLE 36460 0 0 D NEWELL RUBBERMAID INC COM 651229106 333 52117 SH SOLE 52117 0 0 D NEWMONT MINING CORP COM 651639106 366 8182 SH SOLE 8182 0 0 D NIKE INC CL B 654106103 331 7063 SH SOLE 7063 0 0 D NISOURCE INC COM 65473P105 343 35043 SH SOLE 35043 0 0 D NORFOLK SOUTHERN CORP COM 655844108 428 12678 SH SOLE 12678 0 0 D NORTHEAST UTILS COM 664397106 535 24778 SH SOLE 24778 0 0 D NORTHROP GRUMMAN CORP COM 666807102 1295 29664 SH SOLE 29664 0 0 D NOVELLUS SYS INC COM 670008101 708 42596 SH SOLE 42596 0 0 D NUCOR CORP COM 670346105 218 5713 SH SOLE 5713 0 0 D OCCIDENTAL PETE CORP DEL COM 674599105 939 16881 SH SOLE 16881 0 0 D ORACLE CORP COM 68389X105 1167 64591 SH SOLE 64591 0 0 D OWENS ILL INC COM NEW 690768403 190 13177 SH SOLE 13177 0 0 D PENNEY J C INC COM 708160106 615 30634 SH SOLE 30634 0 0 D PEPSI BOTTLING GROUP INC COM 713409100 251 11339 SH SOLE 11339 0 0 D PEPSICO INC COM 713448108 2019 39223 SH SOLE 39223 0 0 D PERKINELMER INC COM 714046109 318 24889 SH SOLE 24889 0 0 D PFIZER INC COM 717081103 2752 202063 SH SOLE 202063 0 0 D PHILIP MORRIS INTL INC COM 718172109 1229 34530 SH SOLE 34530 0 0 D PITNEY BOWES INC COM 724479100 454 19461 SH SOLE 19461 0 0 D POLO RALPH LAUREN CORP CL A 731572103 765 18117 SH SOLE 18117 0 0 D PRIDE INTL INC DEL COM 74153Q102 812 45137 SH SOLE 45137 0 0 D PROASSURANCE CORP COM 74267C106 371 7954 SH SOLE 7954 0 0 D PROCTER & GAMBLE CO COM 742718109 3289 69840 SH SOLE 69840 0 0 D PROGRESS ENERGY INC COM 743263105 1077 29702 SH SOLE 29702 0 0 D PRUDENTIAL FINL INC COM 744320102 350 18382 SH SOLE 18382 0 0 D QUALCOMM INC COM 747525103 991 25463 SH SOLE 25463 0 0 D RAYONIER INC COM 754907103 275 9098 SH SOLE 9098 0 0 D RENT A CTR INC NEW COM 76009N100 362 18672 SH SOLE 18672 0 0 D REPUBLIC SVCS INC COM 760759100 185 10762 SH SOLE 10762 0 0 D ROCKWELL AUTOMATION INC COM 773903109 297 13601 SH SOLE 13601 0 0 D ROHM & HAAS CO COM 775371107 264 3350 SH SOLE 3350 0 0 D RYDER SYS INC COM 783549108 455 16058 SH SOLE 16058 0 0 D SAFEWAY INC COM NEW 786514208 535 26522 SH SOLE 26522 0 0 D ST JOE CO COM 790148100 413 24649 SH SOLE 24649 0 0 D SARA LEE CORP COM 803111103 88 10863 SH SOLE 10863 0 0 D SCHERING PLOUGH CORP COM 806605101 309 13116 SH SOLE 13116 0 0 D SCHLUMBERGER LTD COM 806857108 807 19879 SH SOLE 19879 0 0 D SCHWAB CHARLES CORP NEW COM 808513105 377 24329 SH SOLE 24329 0 0 D SEALED AIR CORP NEW COM 81211K100 308 22295 SH SOLE 22295 0 0 D SEMPRA ENERGY COM 816851109 1178 25473 SH SOLE 25473 0 0 D SERVICE CORP INTL COM 817565104 257 73717 SH SOLE 73717 0 0 D SIMON PPTY GROUP INC NEW COM 828806109 326 9399 SH SOLE 9399 0 0 D SOUTHWESTERN ENERGY CO COM 845467109 584 19674 SH SOLE 19674 0 0 D SPRINT NEXTEL CORP COM SER 1 852061100 234 65410 SH SOLE 65410 0 0 D STANCORP FINL GROUP INC COM 852891100 297 13027 SH SOLE 13027 0 0 D STARWOOD HOTELS&RESORTS WRLD COM 85590A401 259 20366 SH SOLE 20366 0 0 D STEELCASE INC CL A 858155203 246 49187 SH SOLE 49187 0 0 D STRAYER ED INC COM 863236105 230 1276 SH SOLE 1276 0 0 D SUN MICROSYSTEMS INC COM NEW 866810203 709 96833 SH SOLE 96833 0 0 D SYBASE INC COM 871130100 336 11106 SH SOLE 11106 0 0 D TCF FINL CORP COM 872275102 383 32572 SH SOLE 32572 0 0 D TARGET CORP COM 87612E106 291 8474 SH SOLE 8474 0 0 D TECH DATA CORP COM 878237106 650 29850 SH SOLE 29850 0 0 D TELEPHONE & DATA SYS INC COM 879433100 283 10658 SH SOLE 10658 0 0 D TEMPLE INLAND INC COM 879868107 203 37875 SH SOLE 37875 0 0 D TERADYNE INC COM 880770102 209 47673 SH SOLE 47673 0 0 D TEXAS INSTRS INC COM 882508104 1055 63926 SH SOLE 63926 0 0 D THOR INDS INC COM 885160101 291 18638 SH SOLE 18638 0 0 D 3M CO COM 88579Y101 661 13302 SH SOLE 13302 0 0 D TIME WARNER CABLE INC COM 88732J207 364 14696 SH SOLE 14696 0 0 D TIMKEN CO COM 887389104 176 12642 SH SOLE 12642 0 0 D TOLL BROTHERS INC COM 889478103 239 13139 SH SOLE 13139 0 0 D TORCHMARK CORP COM 891027104 259 9868 SH SOLE 9868 0 0 D TRAVELERS COMPANIES INC COM 89417E109 974 23965 SH SOLE 23965 0 0 D TYSON FOODS INC CL A 902494103 324 34499 SH SOLE 34499 0 0 D US BANCORP DEL COM NEW 902973304 497 34048 SH SOLE 34048 0 0 D UNITED PARCEL SERVICE INC CL B 911312106 750 15244 SH SOLE 15244 0 0 D UNITED STATES CELLULAR CORP COM 911684108 220 6607 SH SOLE 6607 0 0 D UNITED TECHNOLOGIES CORP COM 913017109 867 20169 SH SOLE 20169 0 0 D UNITEDHEALTH GROUP INC COM 91324P102 422 20139 SH SOLE 20139 0 0 D VERISIGN INC COM 92343E102 378 20022 SH SOLE 20022 0 0 D VERIZON COMMUNICATIONS INC COM 92343V104 1492 49398 SH SOLE 49398 0 0 D VISA INC COM CL A 92826C839 746 13412 SH SOLE 13412 0 0 D VISHAY INTERTECHNOLOGY INC COM 928298108 439 126215 SH SOLE 126215 0 0 D WAL MART STORES INC COM 931142103 3049 58530 SH SOLE 58530 0 0 D WASTE MGMT INC DEL COM 94106L109 1138 44436 SH SOLE 44436 0 0 D WELLS FARGO & CO NEW COM 949746101 1145 80382 SH SOLE 80382 0 0 D WESTERN UN CO COM 959802109 314 24987 SH SOLE 24987 0 0 D WEYERHAEUSER CO COM 962166104 334 12122 SH SOLE 12122 0 0 D WILLIAMS COS INC DEL COM 969457100 454 39930 SH SOLE 39930 0 0 D WYETH COM 983024100 992 23044 SH SOLE 23044 0 0 D XTO ENERGY INC COM 98385X106 296 9660 SH SOLE 9660 0 0 D XEROX CORP COM 984121103 477 104785 SH SOLE 104785 0 0 S REPORT SUMMARY 230 DATA RECORDS 162319 00 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED