13F-HR 1 nml08q4.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: December 31, 2008 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: The Northwestern Mutual Life Insurance Company Address: 720 East Wisconsin Avenue Milwaukee, WI 53202 13F File Number: 28-00229 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: Jefferson V. DeAngelis Title: Vice President (Public Markets) Phone: 414-665-5291 Signature, Place, and Date of Signing: Jefferson V. DeAngelis Milwaukee, WI February 13, 2009 Report Type (Check only one.): [ ] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ X] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: Form 13F File Number Name 28-01096 Russell Trust Company 28-01190 Frank Russell Company 28-05583 Northwestern Investment Management Company, LLC 28-10206 Mason Street Advisors, LLC 28-11160 Northwestern Mutual Wealth Management Company FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form13F Information Table Entry Total: 141 Form13F Information Table Value Total: $47,301 (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 14 240 SH DEFINED 240 ACTIVIDENTITY CORP COM 00506P103 0 125 SH DEFINED 125 AES CORP COM 00130H105 4 500 SH DEFINED 500 AIRTRAN HLDGS INC COM 00949P108 1 200 SH DEFINED 200 ALCATEL-LUCENT SPONSORED ADR 013904305 0 209 SH DEFINED 209 ALTRIA GROUP INC COM 02209S103 0 17 SH DEFINED 17 AT&T INC COM 00206R102 0 14 SH DEFINED 14 ATMEL CORP COM 049513104 1 250 SH DEFINED 250 BB&T CORP COM 054937107 2 61 SH DEFINED 61 BOOKHAM INC COM 09856E105 0 30 SH DEFINED 30 BP PRUDHOE BAY RTY TR UNIT BEN INT 055630107 4 60 SH DEFINED 60 BROOKFIELD INFRAST PARTNERS LP INT UNIT G16252101 0 2 SH DEFINED 2 CAPSTEAD MTG CORP PFD B CV $1.26 14067E308 13 1000 SH DEFINED 1000 CBS CORP NEW CL A 124857103 0 14 SH DEFINED 14 CELLCOM ISRAEL LTD SHS M2196U109 7 300 SH DEFINED 300 CIGNA CORP COM 125509109 1 55 SH DEFINED 55 CITADEL BROADCASTING CORP COM 17285T106 0 24 SH DEFINED 24 COCA COLA CO COM 191216100 0 3 SH DEFINED 3 CONSOLIDATED WATER CO INC ORD G23773107 0 10 SH DEFINED 10 CROCS INC COM 227046109 0 100 SH DEFINED 100 DIAMONDS TR UNIT SER 1 252787106 328 3701 SH DEFINED 3701 DYNEGY INC DEL CL A 26817G102 1 277 SH DEFINED 277 FAIRPOINT COMMUNICATIONS INC COM 305560104 0 1 SH DEFINED 1 GENERAL ELECTRIC CO COM 369604103 16 961 SH DEFINED 961 GENZYME CORP COM 372917104 0 3 SH DEFINED 3 GOLDCORP INC NEW COM 380956409 1 37 SH DEFINED 37 HARRIS CORP DEL COM 413875105 15 400 SH DEFINED 400 HARTFORD FINL SVCS GROUP INC COM 416515104 2 104 SH DEFINED 104 HEALTHSOUTH CORP COM NEW 421924309 1 100 SH DEFINED 100 HEWLETT PACKARD CO COM 428236103 1 41 SH DEFINED 41 HOST HOTELS & RESORTS INC COM 44107P104 0 48 SH DEFINED 48 INTERNATIONAL BUSINESS MACHS COM 459200101 27 320 SH DEFINED 320 ISHARES TR RUSSELL MIDCAP 464287499 1411 23606 SH DEFINED 23606 ISHARES TR S&P500 GRW 464287309 1425 31705 SH DEFINED 31705 ISHARES TR S&P 500 INDEX 464287200 1916 21234 SH DEFINED 21234 ISHARES TR S&P 100 IDX FD 464287101 395 9137 SH DEFINED 9137 ISHARES TR S&P 500 VALUE 464287408 822 18119 SH DEFINED 18119 ISHARES TR RUSSELL MCP GR 464287481 314 10029 SH DEFINED 10029 ISHARES TR S&P SMLCAP 600 464287804 475 10804 SH DEFINED 10804 ISHARES TR RUSL 3000 VALU 464287663 1282 19796 SH DEFINED 19796 ISHARES TR RUSSELL MCP VL 464287473 882 30835 SH DEFINED 30835 ISHARES TR S&P GLB100INDX 464287572 580 11555 SH DEFINED 11555 ISHARES TR S&P MIDCAP 400 464287507 772 14495 SH DEFINED 14495 ISHARES TR S&P MIDCP VALU 464287705 245 4952 SH DEFINED 4952 ISHARES TR DJ AEROSPACE 464288760 4 100 SH DEFINED 100 ISHARES TR S&P SMLCP GROW 464287887 180 3959 SH DEFINED 3959 ISHARES TR S&P SMLCP VALU 464287879 46 913 SH DEFINED 913 ISHARES TR BARCLYS 1-3 YR 464287457 815 9641 SH DEFINED 9641 ISHARES TR BARCLYS 20+ YR 464287432 381 3182 SH DEFINED 3182 ISHARES TR RUSL 3000 GROW 464287671 178 5943 SH DEFINED 5943 ISHARES TR S&P MC 400 GRW 464287606 370 6644 SH DEFINED 6644 ISHARES TR MSCI VAL IDX 464288877 1026 25100 SH DEFINED 25100 ISHARES TR BARCLYS 7-10 YR 464287440 540 5473 SH DEFINED 5473 ISHARES TR COHEN&ST RLTY 464287564 3106 70099 SH DEFINED 70099 ISHARES TR BARCLYS US AGG B 464287226 3748 35990 SH DEFINED 35990 ISHARES TR DJ SEL DIV INX 464287168 199 4814 SH DEFINED 4814 ISHARES TR DJ US TELECOMM 464287713 1 72 SH DEFINED 72 ISHARES TR DJ US UTILS 464287697 0 4 SH DEFINED 4 ISHARES TR IBOXX INV CPBD 464287242 317 3107 SH DEFINED 3107 ISHARES TR DJ US REAL EST 464287739 41 1117 SH DEFINED 1117 ISHARES TR MSCI GRW IDX 464288885 962 21213 SH DEFINED 21213 ISHARES TR RUSSELL 3000 464287689 1164 22415 SH DEFINED 22415 ISHARES TR MSCI EMERG MKT 464287234 765 30475 SH DEFINED 30475 ISHARES TR RUSL 2000 VALU 464287630 139 2833 SH DEFINED 2833 ISHARES TR RUSSELL 1000 464287622 3342 68340 SH DEFINED 68340 ISHARES TR RUSSELL1000GRW 464287614 1150 30918 SH DEFINED 30918 ISHARES TR RUSSELL1000VAL 464287598 1833 36957 SH DEFINED 36957 ISHARES TR RUSSELL 2000 464287655 778 15783 SH DEFINED 15783 ISHARES TR RUSL 2000 GROW 464287648 61 1184 SH DEFINED 1184 ISHARES TR MSCI EAFE IDX 464287465 4054 90318 SH DEFINED 90318 ISHARES TR BARCLYS CR BD 464288620 583 6122 SH DEFINED 6122 ISHARES TR S&P NATL MUN B 464288414 44 445 SH DEFINED 445 ISHARES TR BARCLYS TIPS BD 464287176 869 8757 SH DEFINED 8757 ITT CORP NEW COM 450911102 5 104 SH DEFINED 104 KRAFT FOODS INC CL A 50075N104 0 7 SH DEFINED 7 LSI CORPORATION COM 502161102 0 39 SH DEFINED 39 MCDONALDS CORP COM 580135101 3 41 SH DEFINED 41 MEDTRONIC INC COM 585055106 0 1 SH DEFINED 1 MIDCAP SPDR TR UNIT SER 1 595635103 25 257 SH DEFINED 257 MODUSLINK GLOBAL SOLUTIONS I COM 60786L107 0 20 SH DEFINED 20 MYLAN INC COM 628530107 0 14 SH DEFINED 14 NATIONAL GRID PLC SPON ADR NEW 636274300 8 155 SH DEFINED 155 NOKIA CORP SPONSORED ADR 654902204 0 1 SH DEFINED 1 NUVEEN PREM INCOME MUN FD 4 COM 6706K4105 25 2785 SH DEFINED 2785 ORACLE CORP COM 68389X105 15 844 SH DEFINED 844 PACIFIC RIM MNG CORP COM NEW 694915208 0 850 SH DEFINED 850 PAN AMERICAN SILVER CORP COM 697900108 0 20 SH DEFINED 20 PHILIP MORRIS INTL INC COM 718172109 1 16 SH DEFINED 16 POLYMET MINING CORP COM 731916102 4 6178 SH DEFINED 6178 POWERSHARES ETF TRUST CON STAPLE SEC 73935X393 3 151 SH DEFINED 151 PPL CORP COM 69351T106 81 2637 SH DEFINED 2637 PRICESMART INC COM 741511109 1 72 SH DEFINED 72 PUBLIC STORAGE COM A DP1/1000 74460D729 0 7 SH DEFINED 7 QWEST COMMUNICATIONS INTL IN COM 749121109 0 50 SH DEFINED 50 RALCORP HLDGS INC NEW COM 751028101 3 45 SH DEFINED 45 RAYONIER INC COM 754907103 1 33 SH DEFINED 33 RESEARCH IN MOTION LTD COM 760975102 5 128 SH DEFINED 128 RYDEX ETF TRUST S&P 500 EQ TRD 78355W106 63 2296 SH DEFINED 2296 SANDISK CORP COM 80004C101 1 90 SH DEFINED 90 SARA LEE CORP COM 803111103 2 250 SH DEFINED 250 SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 2 38 SH DEFINED 38 SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 2 87 SH DEFINED 87 SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 1 108 SH DEFINED 108 SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 2 67 SH DEFINED 67 SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 1 59 SH DEFINED 59 SELECT SECTOR SPDR TR SBI INT-TECH 81369Y803 2 118 SH DEFINED 118 SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 1 32 SH DEFINED 32 SIRIUS XM RADIO INC COM 82967N108 0 200 SH DEFINED 200 SOUTHERN FIRST BANCSHARES IN COM 842873101 8 850 SH DEFINED 850 SPDR INDEX SHS FDS DJWS INTL REAL 78463X863 124 4461 SH DEFINED 4461 SPDR SERIES TRUST LEHMAN YLD ETF 78464A417 148 4589 SH DEFINED 4589 SPDR TR UNIT SER 1 78462F103 748 8296 SH DEFINED 8296 STARWOOD HOTELS&RESORTS WRLD COM 85590A401 1 80 SH DEFINED 80 SUNCOR ENERGY INC COM 867229106 0 6 SH DEFINED 6 TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 2 202 SH DEFINED 202 TECK COMINCO LTD CL B 878742204 0 12 SH DEFINED 12 TELLABS INC COM 879664100 0 100 SH DEFINED 100 TERRA NITROGEN CO L P COM UNIT 881005201 6 60 SH DEFINED 60 TIMBERLAND BANCORP INC COM 887098101 2 250 SH DEFINED 250 TRAVELERS COMPANIES INC COM 89417e109 0 4 SH DEFINED 4 VAN KAMPEN DYNAMIC CR OPPORT COM 921166104 3 370 SH DEFINED 370 VANGUARD INDEX FDS SML CP GRW ETF 922908595 97 2302 SH DEFINED 2302 VANGUARD INDEX FDS EXTEND MKT ETF 922908652 72 2294 SH DEFINED 2294 VANGUARD INDEX FDS MID CAP ETF 922908629 748 17305 SH DEFINED 17305 VANGUARD INDEX FDS REIT ETF 922908553 1293 35225 SH DEFINED 35225 VANGUARD INDEX FDS VALUE ETF 922908744 1436 34888 SH DEFINED 34888 VANGUARD INDEX FDS STK MRK ETF 922908769 118 2645 SH DEFINED 2645 VANGUARD INDEX FDS SMALL CP ETF 922908751 268 6230 SH DEFINED 6230 VANGUARD INDEX FDS SM CP VAL ETF 922908611 94 2196 SH DEFINED 2196 VANGUARD INDEX FDS MCAP VL IDXVIP 922908512 588 17725 SH DEFINED 17725 VANGUARD INDEX FDS MCAP GR IDXVIP 922908538 265 7800 SH DEFINED 7800 VANGUARD INDEX FDS GROWTH ETF 922908736 1026 25861 SH DEFINED 25861 VANGUARD INDEX FDS LARGE CAP ETF 922908637 1484 36471 SH DEFINED 36471 VANGUARD INTL EQUITY INDEX F EMR MKT ETF 922042858 829 35022 SH DEFINED 35022 VERIGY LTD SHS Y93691106 0 4 SH DEFINED 4 VERIZON COMMUNICATIONS INC COM 92343V104 29 850 SH DEFINED 850 VIACOM INC NEW CL B 92553P201 0 3 SH DEFINED 3 WESTERN ASSET CLYM INFL OPP COM 95766R104 0 21 SH DEFINED 21 WESTERN ASSET GLB HI INCOME COM 95766B109 0 10 SH DEFINED 10 WISDOMTREE TRUST CHINESE YUAN ETF 97717W182 0 14 SH DEFINED 14 YAMANA GOLD INC COM 98462Y100 1 151 SH DEFINED 151