# EDGAR Filing Document

**Accession Number:** 0001080166
**File Stem:** 0001080166-23-000001
**Filing Date:** 2023-2
**Character Count:** 14026
**Document Hash:** 42e0a8d237a78de3b220ade4b3fd3427
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001080166-23-000001.hdr.sgml**: 20230201

**ACCESSION NUMBER**: 0001080166-23-000001

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230201

**DATE AS OF CHANGE**: 20230201

**EFFECTIVENESS DATE**: 20230201

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AR ASSET MANAGEMENT INC
- **CENTRAL INDEX KEY:** 0001080166
- **IRS NUMBER:** 953677943

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-04793
- **FILM NUMBER:** 23577114

**BUSINESS ADDRESS:**
- **STREET 1:** 9229 SUNSET BOULEVARD
- **STREET 2:** SUITE 425
- **CITY:** WEST HOLLYWOOD
- **STATE:** CA
- **ZIP:** 90069
- **BUSINESS PHONE:** 3108597644

**MAIL ADDRESS:**
- **STREET 1:** 9229 SUNSET BOULEVARD
- **STREET 2:** SUITE 425
- **CITY:** WEST HOLLYWOOD
- **STATE:** CA
- **ZIP:** 90069

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AR ASSET MANAGMENT INC
- **DATE OF NAME CHANGE:** 19990414

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**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:** AR ASSET MANAGEMENT INC<br>**Address:** 9229 SUNSET BOULEVARD<br>SUITE 425<br>WEST HOLLYWOOD, CA 90069

**Form 13F File Number:** 028-04793

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:** Kyle Paben<br>**Title:** Portfolio Manager<br>**Phone:** 8583368897

**Signature, Place, and Date of Signing:**

Kyle Paben  San Diego, CA  02-01-2023<br>[Signature]  [City, State]  [Date]

**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 are reported 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:** 107

**Form 13F Information Table Value Total:** $352128

      (round to nearest dollar)

**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**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ABBVIE INC. | COM | 00287y109 |  | 7030 | 43500 | SH |  | SOLE |  | 0 | 0 | 43500 |
| ABBOTT LABORATORIES | COM | 002824100 |  | 955 | 8700 | SH |  | SOLE |  | 0 | 0 | 8700 |
| AEGON NV - NY REG SHRS | COM | 007924103 |  | 185 | 36691 | SH |  | SOLE |  | 0 | 0 | 36691 |
| AGILENT TECHNOLOGIES INC.(SPU | COM | 00846U101 |  | 238 | 1593 | SH |  | SOLE |  | 0 | 0 | 1593 |
| ALLSTATE CORP | COM | 020002101 |  | 271 | 2000 | SH |  | SOLE |  | 0 | 0 | 2000 |
| ALPHABET INC. CL C | COM | 02079K107 |  | 5815 | 65540 | SH |  | SOLE |  | 0 | 0 | 65540 |
| ALTRIA GROUP INC. | COM | 02209S103 |  | 4737 | 103626 | SH |  | SOLE |  | 0 | 0 | 103626 |
| AMAZON.COM INC. | COM | 023135106 |  | 563 | 6700 | SH |  | SOLE |  | 0 | 0 | 6700 |
| AMERICAN ELECTRIC POWER | COM | 025537101 |  | 950 | 10000 | SH |  | SOLE |  | 0 | 0 | 10000 |
| AON PLC | COM | 037389103 |  | 3487 | 11618 | SH |  | SOLE |  | 0 | 0 | 11618 |
| APPLE INC. | COM | 037833100 |  | 38816 | 298743 | SH |  | SOLE |  | 0 | 0 | 298743 |
| APPLIED MATERIALS INC | COM | 038222105 |  | 299 | 3075 | SH |  | SOLE |  | 0 | 0 | 3075 |
| ARCHER-DANIELS-MIDLAND CORP | COM | 039483102 |  | 944 | 10172 | SH |  | SOLE |  | 0 | 0 | 10172 |
| ASTRAZENECA PLC-SPONS ADR | COM | 046353108 |  | 542 | 8000 | SH |  | SOLE |  | 0 | 0 | 8000 |
| AVALONBAY COMMUNITIES INC REI | COM | 053484101 |  | 808 | 5000 | SH |  | SOLE |  | 0 | 0 | 5000 |
| BP PLC SPONS ADR | COM | 055622104 |  | 407 | 11642 | SH |  | SOLE |  | 0 | 0 | 11642 |
| BANK OF HAWAII CORPORATION | COM | 062540109 |  | 4770 | 61500 | SH |  | SOLE |  | 0 | 0 | 61500 |
| BAXTER INT'L INC. | COM | 071813109 |  | 235 | 4606 | SH |  | SOLE |  | 0 | 0 | 4606 |
| BERKSHIRE HATHAWAY INC. CL A | COM | 084670108 |  | 8437 | 18 | SH |  | SOLE |  | 0 | 0 | 18 |
| BERKSHIRE HATHAWAY INC. CL B | COM | 084670702 |  | 6338 | 20518 | SH |  | SOLE |  | 0 | 0 | 20518 |
| BLACKSTONE INC. (THE) | COM | 09260d107 |  | 816 | 11000 | SH |  | SOLE |  | 0 | 0 | 11000 |
| BOSTON PROPERTIES INC. REIT | COM | 101121101 |  | 405 | 6000 | SH |  | SOLE |  | 0 | 0 | 6000 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 4333 | 60224 | SH |  | SOLE |  | 0 | 0 | 60224 |
| BRITISH AMERICAN TOBACCO PLC - | COM | 110448107 |  | 2473 | 61864 | SH |  | SOLE |  | 0 | 0 | 61864 |
| CARRIER GLOBAL CORP (UNITED TE | COM | 14448c104 |  | 594 | 14400 | SH |  | SOLE |  | 0 | 0 | 14400 |
| CATERPILLAR INC. | COM | 149123101 |  | 1605 | 6700 | SH |  | SOLE |  | 0 | 0 | 6700 |
| CHEVRON CORP | COM | 166764100 |  | 20666 | 115136 | SH |  | SOLE |  | 0 | 0 | 115136 |
| CHUBB LIMITED (FRMLY ACE LIMIT | COM | H1467J104 |  | 3288 | 14906 | SH |  | SOLE |  | 0 | 0 | 14906 |
| CIGNA CORP (ACQUIRED EXPRESS S | COM | 125523100 |  | 1966 | 5932 | SH |  | SOLE |  | 0 | 0 | 5932 |
| COCA-COLA CO | COM | 191216100 |  | 10933 | 171880 | SH |  | SOLE |  | 0 | 0 | 171880 |
| COCA-COLA EUROPACIFIC PARTNERS | COM | g25839104 |  | 719 | 13000 | SH |  | SOLE |  | 0 | 0 | 13000 |
| CONOCOPHILLIPS | COM | 20825c104 |  | 2561 | 21700 | SH |  | SOLE |  | 0 | 0 | 21700 |
| CONSTELLATION BRANDS INC. | COM | 21036P108 |  | 2520 | 10875 | SH |  | SOLE |  | 0 | 0 | 10875 |
| CORPORATE OFFICE PROPERTY TRUS | COM | 22002T108 |  | 236 | 9100 | SH |  | SOLE |  | 0 | 0 | 9100 |
| DARDEN RESTAURANTS INC. | COM | 237194105 |  | 415 | 3000 | SH |  | SOLE |  | 0 | 0 | 3000 |
| DIAGEO PLC ADR | COM | 25243Q205 |  | 8026 | 45040 | SH |  | SOLE |  | 0 | 0 | 45040 |
| DISNEY WALT CO | COM | 254687106 |  | 3885 | 44715 | SH |  | SOLE |  | 0 | 0 | 44715 |
| EDWARDS LIFESCIENCES CORP. | COM | 28176E108 |  | 998 | 13370 | SH |  | SOLE |  | 0 | 0 | 13370 |
| EMERSON ELECTRIC CO | COM | 291011104 |  | 685 | 7130 | SH |  | SOLE |  | 0 | 0 | 7130 |
| ENTERPRISE PRODUCTS PARTNERS | COM | 293792107 |  | 3798 | 157460 | SH |  | SOLE |  | 0 | 0 | 157460 |
| EXPEDIA INC.(IAC/INTERACTIVECO | COM | 30212p303 |  | 429 | 4900 | SH |  | SOLE |  | 0 | 0 | 4900 |
| EXXON MOBIL CORPORATION | COM | 30231G102 |  | 1291 | 11700 | SH |  | SOLE |  | 0 | 0 | 11700 |
| FIDELITY NATIONAL FINANCIAL I | COM | 31620r303 |  | 393 | 10458 | SH |  | SOLE |  | 0 | 0 | 10458 |
| FIDELITY NATIONAL INFORMATION | COM | 31620m106 |  | 364 | 5364 | SH |  | SOLE |  | 0 | 0 | 5364 |
| GENERAL MILLS INC. | COM | 370334104 |  | 4696 | 56000 | SH |  | SOLE |  | 0 | 0 | 56000 |
| GENERAL MOTORS COMPANY | COM | 37045v100 |  | 2333 | 69340 | SH |  | SOLE |  | 0 | 0 | 69340 |
| HOME DEPOT | COM | 437076102 |  | 6175 | 19550 | SH |  | SOLE |  | 0 | 0 | 19550 |
| HOWARD HUGHES CORP (THE)(SPINO | COM | 44267d107 |  | 313 | 4100 | SH |  | SOLE |  | 0 | 0 | 4100 |
| IAC INC. | COM | 44891n208 |  | 219 | 4925 | SH |  | SOLE |  | 0 | 0 | 4925 |
| INTERNATIONAL BUSINESS MACHINE | COM | 459200101 |  | 4431 | 31452 | SH |  | SOLE |  | 0 | 0 | 31452 |
| IRON MOUNTAIN INC. REIT | COM | 46284v101 |  | 6560 | 131600 | SH |  | SOLE |  | 0 | 0 | 131600 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 9056 | 67531 | SH |  | SOLE |  | 0 | 0 | 67531 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 7210 | 40815 | SH |  | SOLE |  | 0 | 0 | 40815 |
| KKR  CO. INC. | COM | 48251w104 |  | 836 | 18000 | SH |  | SOLE |  | 0 | 0 | 18000 |
| KIMBERLY-CLARK | COM | 494368103 |  | 1996 | 14700 | SH |  | SOLE |  | 0 | 0 | 14700 |
| KINDER MORGAN INC. | COM | 49456B101 |  | 4434 | 245220 | SH |  | SOLE |  | 0 | 0 | 245220 |
| LOEWS CORP | COM | 540424108 |  | 4545 | 77917 | SH |  | SOLE |  | 0 | 0 | 77917 |
| MCDONALD'S CORP | COM | 580135101 |  | 1845 | 7000 | SH |  | SOLE |  | 0 | 0 | 7000 |
| MERCK  CO. INC. | COM | 58933Y105 |  | 14931 | 134570 | SH |  | SOLE |  | 0 | 0 | 134570 |
| METLIFE INC. | COM | 59156r108 |  | 289 | 4000 | SH |  | SOLE |  | 0 | 0 | 4000 |
| META PLATFORMS INC. (FRMLY FAC | COM | 30303M102 |  | 1365 | 11340 | SH |  | SOLE |  | 0 | 0 | 11340 |
| MICROSOFT CORPORATION | COM | 594918104 |  | 4609 | 19219 | SH |  | SOLE |  | 0 | 0 | 19219 |
| MONDELEZ INTL INC.(FMRLY KRAFT | COM | 609207105 |  | 3033 | 45500 | SH |  | SOLE |  | 0 | 0 | 45500 |
| MORGAN STANLEY | COM | 617446448 |  | 969 | 11400 | SH |  | SOLE |  | 0 | 0 | 11400 |
| NIKE INC. CL B | COM | 654106103 |  | 9193 | 78570 | SH |  | SOLE |  | 0 | 0 | 78570 |
| NESTLE SA - SPON ADR | COM | 641069406 |  | 1961 | 17000 | SH |  | SOLE |  | 0 | 0 | 17000 |
| NOVARTIS AG - ADR | COM | 66987v109 |  | 975 | 10750 | SH |  | SOLE |  | 0 | 0 | 10750 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 348 | 2380 | SH |  | SOLE |  | 0 | 0 | 2380 |
| ORACLE CORP | COM | 68389X105 |  | 245 | 3000 | SH |  | SOLE |  | 0 | 0 | 3000 |
| ORGANON  CO. (MERCK SPIN OFF) | COM | 68622v106 |  | 2052 | 73455 | SH |  | SOLE |  | 0 | 0 | 73455 |
| OTIS WORLDWIDE CORP (UNITED TE | COM | 68902v107 |  | 564 | 7200 | SH |  | SOLE |  | 0 | 0 | 7200 |
| PEPSICO | COM | 713448108 |  | 7589 | 42009 | SH |  | SOLE |  | 0 | 0 | 42009 |
| PFIZER INC. | COM | 717081103 |  | 7254 | 141575 | SH |  | SOLE |  | 0 | 0 | 141575 |
| PHILIP MORRIS INTERNATIONAL-AL | COM | 718172109 |  | 11387 | 112506 | SH |  | SOLE |  | 0 | 0 | 112506 |
| PHILLIPS 66 | COM | 718546104 |  | 1311 | 12600 | SH |  | SOLE |  | 0 | 0 | 12600 |
| PROCTER  GAMBLE CO | COM | 742718109 |  | 11384 | 75109 | SH |  | SOLE |  | 0 | 0 | 75109 |
| PROMETHEUS BIOSCIENCES INC. | COM | 74349u108 |  | 5590 | 50814 | SH |  | SOLE |  | 0 | 0 | 50814 |
| PUBLIC STORAGE - REIT | COM | 74460D109 |  | 669 | 2388 | SH |  | SOLE |  | 0 | 0 | 2388 |
| RALPH LAUREN CORP (FMLY POLO R | COM | 751212101 |  | 317 | 3000 | SH |  | SOLE |  | 0 | 0 | 3000 |
| RAYTHEON TECHNOLGIES CORP - NC | COM | 75513e101 |  | 1756 | 17400 | SH |  | SOLE |  | 0 | 0 | 17400 |
| REXFORD INDUSTRIAL REALTY INC | COM | 76169c100 |  | 1147 | 21000 | SH |  | SOLE |  | 0 | 0 | 21000 |
| RIO TINTO PLC SPONSORED ADR | COM | 767204100 |  | 712 | 10000 | SH |  | SOLE |  | 0 | 0 | 10000 |
| ROCHE HOLDING LTD ADR | COM | 771195104 |  | 4228 | 108000 | SH |  | SOLE |  | 0 | 0 | 108000 |
| SEMPRA ENERGY | COM | 816851109 |  | 2241 | 14500 | SH |  | SOLE |  | 0 | 0 | 14500 |
| SWIRE PACIFIC LTD SPONS ADR RP | COM | 870794302 |  | 348 | 40000 | SH |  | SOLE |  | 0 | 0 | 40000 |
| SYSCO CORP | COM | 871829107 |  | 765 | 10000 | SH |  | SOLE |  | 0 | 0 | 10000 |
| TAIWAN SEMICONDUCTOR MFG CO LT | COM | 874039100 |  | 373 | 5006 | SH |  | SOLE |  | 0 | 0 | 5006 |
| TANGER FACTORY OUTLET REIT | COM | 875465106 |  | 4272 | 238150 | SH |  | SOLE |  | 0 | 0 | 238150 |
| TARGET CORP-FRMLY DAYTON HUDSO | COM | 87612E106 |  | 8310 | 55755 | SH |  | SOLE |  | 0 | 0 | 55755 |
| TEXAS INSTRUMENTS INC. | COM | 882508104 |  | 1652 | 10000 | SH |  | SOLE |  | 0 | 0 | 10000 |
| TOTALENERGIES SE ADR (FRMRLY T | COM | 89151E109 |  | 2533 | 40795 | SH |  | SOLE |  | 0 | 0 | 40795 |
| TRAVELERS COMPANIES INC. | COM | 89417e109 |  | 612 | 3264 | SH |  | SOLE |  | 0 | 0 | 3264 |
| U.S. BANCORP (FORMERLY FIRST B | COM | 902973106 |  | 637 | 14610 | SH |  | SOLE |  | 0 | 0 | 14610 |
| UNION PACIFIC CORPORATION | COM | 907818108 |  | 1553 | 7500 | SH |  | SOLE |  | 0 | 0 | 7500 |
| UNITED PARCEL SERVICE INC. CL | COM | 911312106 |  | 887 | 5100 | SH |  | SOLE |  | 0 | 0 | 5100 |
| VICI PROPERTIES INC. (REIT) | COM | 925652109 |  | 3245 | 100150 | SH |  | SOLE |  | 0 | 0 | 100150 |
| VERIZON COMMUNICATIONS INC. | COM | 92343V104 |  | 1027 | 26059 | SH |  | SOLE |  | 0 | 0 | 26059 |
| WALMART INC. | COM | 931142103 |  | 3800 | 26800 | SH |  | SOLE |  | 0 | 0 | 26800 |
| YUM BRANDS INC. (FORMERLY TRIC | COM | 895953107 |  | 779 | 6080 | SH |  | SOLE |  | 0 | 0 | 6080 |
| YUM CHINA HOLDINGS INC. | COM | 98850p109 |  | 320 | 5853 | SH |  | SOLE |  | 0 | 0 | 5853 |
| ZIMMER BIOMET HOLDINGS(FRMLY Z | COM | 98956P102 |  | 854 | 6700 | SH |  | SOLE |  | 0 | 0 | 6700 |
| ZOETIS INC. | COM | 98978v103 |  | 4968 | 33900 | SH |  | SOLE |  | 0 | 0 | 33900 |
| BROOKFIELD PRPTY PTNRS LP 6.5 | PREFERRED | G16249149 |  | 1583 | 100000 | SH |  | SOLE |  | 0 | 0 | 100000 |
| ENERGY TRANSFER LP 7.375 PFD | PREFERRED | 29273v407 |  | 218 | 10000 | SH |  | SOLE |  | 0 | 0 | 10000 |
| JPMORGAN CHASE 6.00 CALLABLE | PREFERRED | 48128b648 |  | 743 | 30000 | SH |  | SOLE |  | 0 | 0 | 30000 |
| PRUDENTIAL FINANCIAL INC 5.625 | PREFERRED | 744320805 |  | 1812 | 74000 | SH |  | SOLE |  | 0 | 0 | 74000 |
| PUBLIC STORAGE 5.15 SER F CAL | PREFERRED | 74460W685 |  | 843 | 40000 | SH |  | SOLE |  | 0 | 0 | 40000 |

---