13F-HR 1 t301599.txt 13F HOLDING REPORT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2004 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: ABN AMRO ASSET MANAGEMENT (USA) LLC Address: 161 N. Clark Street, 9th Floor Chicago, IL 60601 13F File Number: 28-4391 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: Heather Birmingham Title: Assistant Vice President Phone: 312-884-2366 Signature, Place, and Date of Signing Heather Birmingham Chicago, IL February 07, 2005 Report Type (Check only one.) [X] 13F HOLDINGS REPORT [ ] 13F NOTICE [ ] 13F COMBINATION REPORT List of Other Managers Reporting for this Manager: NONE I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934 FORM 13F SUMMARY PAGE Report Summary Number of Other Included Managers: 01 Form 13F Information Table Entry Total: 128 Form 13F Information Table Value Total: 2,262,705 (X1000) List of Other Included Managers: LaSalle Bank N.A. 28-1147 FORM 13F 12/31/04 REPORTING MANAGER: ABN AMRO Asset Management (USA) LLC Page 1
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OF INVEST DISC. MANA- VOTING AUTHORITY OF NUMBER MKT VALUE PRINCIPAL SOLE SHARED OTHER GERS SOLE SHARED NONE CLASS (000's) AMOUNT (A) (B) (C) (A) (B) (C) AFLAC INC Common 00105510 7,946 199,450 SH X 1 186,950 12,500 AMB PROPERTY CORP Common 00163T10 28,802 713,085 SH X 1 586,185 126,900 ABBOTT LABORATORIES Common 00282410 220 4,710 SH X 1 4,710 ALEXANDRIA REAL ESTATE EQUITIES Common 01527110 22,763 305,875 SH X 1 278,775 27,100 ALTRIA GROUP INC Common 02209S10 23,297 381,300 SH X 1 375,900 5,400 AMERICA MOVIL-ADR SERIES L Common 02364W10 209 4,000 SH X 1 4,000 AMERICAN INTERNAT'L GROUP Common 02687410 8,957 136,394 SH X 1 127,284 9,110 APARTMENT INVT & MNGT CO Common 03748R10 23,683 614,500 SH X 1 417,900 196,600 ARCHSTONE SMITH TRUST Common 03958310 72,038 1,880,900 SH X 1 1,515,100 365,800 ARDEN REALTY GROUP INC Common 03979310 14,673 389,000 SH X 1 263,700 125,300 AUTOMATIC DATA PROCESSING INC Common 05301510 375 8,460 SH X 1 8,460 AVALONBAY COMMUNITIES INC Common 05348410 39,138 519,761 SH X 1 421,461 98,300 BANK OF AMERICA CORP Common 06050510 43,752 931,100 SH X 1 931,100 BLOCK H & R INC Common 09367110 4,163 84,950 SH X 1 76,200 8,750 BOSTON PROPERTIES INC Common 10112110 43,244 668,685 SH X 1 538,185 130,500 BRISTOL-MYERS SQUIBB COMMON STO Common 11012210 24,418 953,100 SH X 1 953,100 BROOKFIELD PROPERTIES CORP Common 11290010 22,851 611,000 SH X 1 554,800 56,200 CBL & ASSOCIATES PROPERTIES Common 12483010 38,209 500,450 SH X 1 403,650 96,800 CAPITAL AUTOMOTIVE REIT Common 13973310 1,041 29,300 SH X 1 29,300 CARDINAL HEALTH INC Common 14149Y10 14,047 241,560 SH X 1 225,925 15,635 CATELLUS DEVELOPMENT CORP Common 14911310 16,488 538,815 SH X 1 487,965 50,850 CEDAR FAIR - LP Common 15018510 9,719 295,400 SH X 1 295,400 CEDAR SHOPPING CENTERS INC Common 15060220 16,623 1,162,450 SH X 1 852,550 309,900 CENTERPOINT PROPERTIES CORP Common 15189510 20,882 436,050 SH X 1 396,650 39,400 CINERGY CORP Common 17247410 9,679 232,500 SH X 1 232,500 CISCO SYSTEMS INC Common 17275R10 9,334 483,110 SH X 1 447,810 35,300 CINTAS CORP Common 17290810 9,317 212,425 SH X 1 199,025 13,400 CITIGROUP INC Common 17296710 53,644 1,113,400 SH X 1 1,113,400 COCA COLA CO Common 19121610 250 6,000 SH X 1 6,000 COMERICA INC Common 20034010 14,450 236,800 SH X 1 236,800 CONAGRA FOODS INC Common 20588710 15,544 527,800 SH X 1 527,800 CONSOLIDATED EDISON INC Common 20911510 9,524 217,700 SH X 1 217,700 CONTINENTAL AIRLINES INC Convert 210795PD 2,931 3,500,000 SH X 1 3,500,000 CORPORATE OFFICE PROPERTIES Common 22002T10 14,320 487,900 SH X 1 445,500 42,400 CRESCENT REAL ESTATE Common 22575610 17,135 938,400 SH X 1 638,600 299,800 DELL INC Common 24702R10 10,769 255,550 SH X 1 238,470 17,080 DEVELOPERS DIVERSIFIED REALTY C Common 25159110 50,151 1,130,300 SH X 1 920,100 210,200 RR DONNELLEY & SONS Common 25786710 8,882 251,700 SH X 1 251,700 DOVER CORP Common 26000310 9,943 237,080 SH X 1 222,180 14,900 DUKE REALTY CORP Common 26441150 51,116 1,497,232 SH X 1 1,185,132 312,100 EASTGROUP PROPERTIES Common 27727610 12,274 320,300 SH X 1 218,500 101,800 EASTMAN CHEMICAL CO Common 27743210 12,955 224,400 SH X 1 224,400 ECOLAB INC Common 27886510 8,412 239,445 SH X 1 223,505 15,940 ENERGY EAST CORPORATION Common 29266M10 10,154 380,600 SH X 1 380,600 ENTERPRISE PRODUCTS PARTNERS Common 29379210 12,837 496,400 SH X 1 496,400 EQUITY OFFICE PROPERTIES TRUST Common 29474110 57,500 1,974,577 SH X 1 1,468,077 506,500 EQUITY RESIDENTIAL PROPS TR Common 29476L10 56,624 1,565,050 SH X 1 1,256,550 308,500 ESSEX PROPERTY TRUST INC Common 29717810 20,041 239,150 SH X 1 218,650 20,500 EXTRA SPACE STORAGE INC Common 30225T10 17,961 1,347,400 SH X 1 1,038,300 309,100
FORM 13F 12/31/04 REPORTING MANAGER: ABN AMRO Asset Management (USA) LLC Page 2
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OF INVEST DISC. MANA- VOTING AUTHORITY OF NUMBER MKT VALUE PRINCIPAL SOLE SHARED OTHER GERS SOLE SHARED NONE CLASS (000's) AMOUNT (A) (B) (C) (A) (B) (C) FIFTH THIRD BANCORP Common 31677310 7,077 149,620 SH X 1 139,510 10,110 FIRST INDUSTRIAL REALTY TR Common 32054K10 15,899 390,350 SH X 1 264,450 125,900 GABLES RESIDENTIAL TRUST Common 36241810 24,221 676,750 SH X 1 522,650 154,100 GENERAL ELECTRIC CO Common 36960410 4,990 136,710 SH X 1 119,610 17,100 GENERAL GROWTH PROPERTIES Common 37002110 37,228 1,029,525 SH X 1 934,025 95,500 GILLETTE COMPANY Common 37576610 425 9,500 SH X 1 9,500 HARLEY-DAVIDSON INC Common 41282210 11,194 184,260 SH X 1 168,480 15,780 HEALTH CARE PPTYS INVEST INC Common 42191510 43,707 1,578,450 SH X 1 1,240,150 338,300 HERITAGE PROPERTY INVEST Common 42725M10 12,566 391,600 SH X 1 268,200 123,400 HERSHEY FOODS CORP Common 42786610 755 13,600 SH X 1 13,600 HOME DEPOT INC Common 43707610 5,223 122,212 SH X 1 114,122 8,090 ILLINOIS TOOL WORKS INC. Common 45230810 9,916 106,990 SH X 1 99,330 7,660 INTEL CORP Common 45814010 10,279 439,440 SH X 1 410,750 28,690 ISHARES S&P SMALLCAP 600 Common 46428780 652 4,010 SH X 1 3,900 110 J P MORGAN CHASE & CO Common 46625H10 30,419 779,786 SH X 1 776,900 2,886 JOHNSON & JOHNSON Common 47816010 502 7,920 SH X 1 7,920 JOHNSON CONTROLS INC. Common 47836610 8,291 130,690 SH X 1 122,490 8,200 KANEB PIPELINE PARTNERS Common 48416910 12,052 198,000 SH X 1 198,000 KEYCORP Common 49326710 7,333 216,300 SH X 1 216,300 KIMCO REALTY CORP Common 49446R10 55,768 961,687 SH X 1 775,387 186,300 KOHLS CORP Common 50025510 9,676 196,785 SH X 1 184,045 12,740 LIBERTY PROPERTY TRUST Common 53117210 37,072 858,150 SH X 1 661,350 196,800 LODGIAN INC Common 54021P40 2,241 182,200 SH X 1 182,200 LOEWS CORP Convert 540424AL 737 750,000 SH X 1 750,000 MBNA CORP Common 55262L10 11,431 405,515 SH X 1 379,915 25,600 THE MACERICH CO Common 55438210 14,563 231,900 SH X 1 159,400 72,500 MACK-CALI REALTY CORP Common 55448910 15,335 333,150 SH X 1 226,000 107,150 MAGUIRE PROPERTIES INC Common 55977510 31,854 1,160,000 SH X 1 946,300 213,700 MEDTRONIC INC Common 58505510 9,956 200,450 SH X 1 179,780 20,670 MERCK & CO INC Common 58933110 8,322 258,940 SH X 1 257,000 1,940 MICROSOFT CORP Common 59491810 8,652 323,800 SH X 1 301,800 22,000 MID AMERICA APARTMENT COMM Common 59522J10 10,363 251,400 SH X 1 170,600 80,800 MILLS CORP Common 60114810 56,684 889,025 SH X 1 733,725 155,300 NEXTEL COMMUNICATIONS Convert 65332VAY 7,842 7,660,000 SH X 1 7,660,000 NICOR INC Common 65408610 9,135 247,300 SH X 1 247,300 OMNICOM GROUP Common 68191910 8,969 106,365 SH X 1 99,375 6,990 ORACLE CORP Common 68389X10 10,978 800,140 SH X 1 747,740 52,400 PNC FINANCIAL CORP Common 69347510 13,590 236,600 SH X 1 236,600 PACTIV CORPORATION Common 69525710 103,689 4,100,000 SH X 1 4,100,000 PAN PACIFIC RETAIL PPTYS INC Common 69806L10 18,807 299,950 SH X 1 273,550 26,400 PFIZER INC Common 71708110 8,279 307,870 SH X 1 281,980 25,890 PINNACLE WEST CAPITAL Common 72348410 12,848 289,300 SH X 1 289,300 PLUM CREEK TIMBER CO Common 72925110 7,119 185,200 SH X 1 185,200 PRAXAIR INC. Common 74005P10 8,169 185,030 SH X 1 173,430 11,600 PROGRESS ENERGY INC Common 74326310 9,808 216,800 SH X 1 216,800 PROLOGIS TRUST Common 74341010 28,084 648,150 SH X 1 591,150 57,000 PUBLIC STORAGE Common 74460D10 23,334 418,550 SH X 1 382,350 36,200 QUALCOMM INC Common 74752510 9,806 231,270 SH X 1 216,170 15,100 RAIT INVESTMENT TRUST Common 74922710 9,817 351,000 SH X 1 351,000
FORM 13F 12/31/04 REPORTING MANAGER: ABN AMRO Asset Management (USA) LLC Page 3
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8 NAME OF ISSUER TITLE CUSIP FAIR SHARES OF INVEST DISC. MANA- VOTING AUTHORITY OF NUMBER MKT VALUE PRINCIPAL SOLE SHARED OTHER GERS SOLE SHARED NONE CLASS (000's) AMOUNT (A) (B) (C) (A) (B) (C) RAMCO-GERSHENSON PROPERTIES Common 75145220 13,427 416,350 SH X 1 283,300 133,050 RECKSON ASSOC REALTY CORP Common 75621K10 14,994 457,000 SH X 1 309,700 147,300 REGENCY CENTERS CORP Common 75884910 25,481 459,950 SH X 1 376,550 83,400 ROCKY SHOES & BOOTS INC Common 77483010 2,867 96,200 SH X 1 96,200 SL GREEN REALTY CORP Common 78440X10 12,779 211,050 SH X 1 193,150 17,900 SLM CORP Common 78442P10 11,108 208,045 SH X 1 194,945 13,100 SARA LEE CORP Common 80311110 14,595 604,600 SH X 1 604,600 CHARLES SCHWAB CORP Common 80851310 3,611 301,945 SH X 1 281,655 20,290 SHURGARD STORAGE CENTERS-A Common 82567D10 16,878 383,500 SH X 1 259,700 123,800 SIMON PROPERTY GROUP INC Common 82880610 82,050 1,268,755 SH X 1 1,015,905 252,850 SONOCO PRODUCTS CO Common 83549510 12,213 411,900 SH X 1 411,900 SOUTHERN CO Common 84258710 12,185 363,500 SH X 1 363,500 SOUTHWEST AIRLINES Common 84474110 8,499 522,055 SH X 1 489,155 32,900 STARBUCKS CORP Common 85524410 12,457 199,760 SH X 1 186,200 13,560 STATE STREET CORPORATION Common 85747710 7,204 146,660 SH X 1 136,880 9,780 SUNSTONE HOTEL INVESTORS INC Common 86789210 26,582 1,279,200 SH X 1 1,054,300 224,900 SYSCO CORP Common 87182910 8,589 225,010 SH X 1 210,210 14,800 TJX COMPANIES INC Common 87254010 7,772 309,280 SH X 1 286,980 22,300 TANGER FACTORY OUTLET CENTER Common 87546510 11,550 436,500 SH X 1 290,400 146,100 TEXAS INSTRUMENTS INC Common 88250810 10,001 406,200 SH X 1 380,600 25,600 THERMO ELECTRON Convert 883556AJ 2,396 2,420,000 SH X 1 2,420,000 TOWN & COUNTRY Common 89208110 10,805 391,050 SH X 1 260,200 130,850 TUPPERWARE CORPORATION Common 89989610 10,532 508,300 SH X 1 508,300 VERIZON COMMUNICATIONS Common 92343V10 17,542 433,040 SH X 1 432,600 440 VORNADO REALTY TRUST Common 92904210 57,649 757,250 SH X 1 601,250 156,000 WACHOVIA CORP Common 92990310 22,360 425,100 SH X 1 422,700 2,400 WALGREEN CO. Common 93142210 6,455 168,240 SH X 1 154,340 13,900 WASHINGTON MUTUAL INC Common 93932210 15,559 368,000 SH X 1 368,000 ZIMMER HOLDINGS INC Common 98956P10 4,274 53,340 SH X 1 50,040 3,300 ORIENT EXPRESS HOTELS LTD Common G6774310 1,347 65,500 SH X 1 65,500 GRAND TOTAL 2,262,705