# EDGAR Filing Document

**Accession Number:** 0000899211
**File Stem:** 0001172661-23-001142
**Filing Date:** 2023-2
**Character Count:** 12622
**Document Hash:** 88c14f32e2230bfe98854c1ac20a5ece
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001172661-23-001142.hdr.sgml**: 20230214

**ACCESSION NUMBER**: 0001172661-23-001142

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230214

**DATE AS OF CHANGE**: 20230214

**EFFECTIVENESS DATE**: 20230214

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SECURITY ASSET MANAGEMENT
- **CENTRAL INDEX KEY:** 0000899211
- **IRS NUMBER:** 133572071
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-03662
- **FILM NUMBER:** 23626200

**BUSINESS ADDRESS:**
- **STREET 1:** 1350 AVENUE OF THE AMERICAS
- **STREET 2:** 3RD FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
- **BUSINESS PHONE:** 212-644-5444

**MAIL ADDRESS:**
- **STREET 1:** 1350 AVENUE OF THE AMERICAS
- **STREET 2:** 3RD FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SECURITY ASSET MANAGEMENT /NY
- **DATE OF NAME CHANGE:** 19990329

### 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:** SECURITY ASSET MANAGEMENT<br>**Address:** 1350 Avenue Of The Americas<br>3rd Floor<br>New York, NY 10019

**Form 13F File Number:** 028-03662

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:** Johanna Ambrosio<br>**Title:** Vice President<br>**Phone:** 212-644-3410

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

/s/ Johanna Ambrosio  New York, NY  02-14-2023<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:** 94

**Form 13F Information Table Value Total:** $180198783

      (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 |
| ABBOTT LABS | COM | 002824100 |  | 2169011 | 19756 | SH |  | SOLE |  | 0 | 0 | 19756 |
| ABBOTT LABS | COM | 002824100 |  | 285454 | 2600 | SH |  | OTR |  | 0 | 0 | 2600 |
| ABBVIE INC | COM | 00287Y109 |  | 35554 | 220 | SH |  | OTR |  | 0 | 0 | 220 |
| ABBVIE INC | COM | 00287Y109 |  | 2422211 | 14988 | SH |  | SOLE |  | 0 | 0 | 14988 |
| AES CORP | COM | 00130H105 |  | 307732 | 10700 | SH |  | SOLE |  | 0 | 0 | 10700 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 238221 | 2700 | SH |  | OTR |  | 0 | 0 | 2700 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 239571 | 2700 | SH |  | OTR |  | 0 | 0 | 2700 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 4514566 | 50880 | SH |  | SOLE |  | 18360 | 0 | 32520 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 3185103 | 36100 | SH |  | SOLE |  | 7300 | 0 | 28800 |
| AMAZON COM INC | COM | 023135106 |  | 4270560 | 50840 | SH |  | SOLE |  | 14325 | 0 | 36515 |
| AMAZON COM INC | COM | 023135106 |  | 13440 | 160 | SH |  | OTR |  | 0 | 0 | 160 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 328290 | 1550 | SH |  | OTR |  | 0 | 0 | 1550 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 |  | 4107330 | 19387 | SH |  | SOLE |  | 6810 | 0 | 12577 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 |  | 4164317 | 27321 | SH |  | SOLE |  | 8114 | 0 | 19207 |
| AMETEK INC | COM | 031100100 |  | 4091002 | 29280 | SH |  | SOLE |  | 12035 | 0 | 17245 |
| AMGEN INC | COM | 031162100 |  | 796985 | 3035 | SH |  | SOLE |  | 0 | 0 | 3035 |
| APPLE INC | COM | 037833100 |  | 13745396 | 105791 | SH |  | SOLE |  | 14802 | 0 | 90989 |
| APPLE INC | COM | 037833100 |  | 1057630 | 8140 | SH |  | OTR |  | 0 | 0 | 8140 |
| APPLIED MATLS INC | COM | 038222105 |  | 288147 | 2959 | SH |  | SOLE |  | 0 | 0 | 2959 |
| BANK AMERICA CORP | COM | 060505104 |  | 296481 | 8952 | SH |  | SOLE |  | 0 | 0 | 8952 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 468711 | 1 | SH |  | SOLE |  | 0 | 0 | 1 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 4475961 | 14490 | SH |  | SOLE |  | 3170 | 0 | 11320 |
| BLACKROCK INC | COM | 09247X101 |  | 5943574 | 8387 | SH |  | SOLE |  | 2506 | 0 | 5881 |
| BLACKSTONE INC | COM | 09260D107 |  | 1876152 | 25288 | SH |  | SOLE |  | 7188 | 0 | 18100 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 302292 | 150 | SH |  | SOLE |  | 0 | 0 | 150 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 552000 | 7672 | SH |  | SOLE |  | 0 | 0 | 7672 |
| CADENCE DESIGN SYSTEM INC | COM | 127387108 |  | 817015 | 5086 | SH |  | SOLE |  | 2800 | 0 | 2286 |
| CHEVRON CORP NEW | COM | 166764100 |  | 844680 | 4706 | SH |  | OTR |  | 0 | 0 | 4706 |
| CISCO SYS INC | COM | 17275R102 |  | 303511 | 6371 | SH |  | SOLE |  | 0 | 0 | 6371 |
| CME GROUP INC | COM | 12572Q105 |  | 4399142 | 26160 | SH |  | SOLE |  | 7854 | 0 | 18306 |
| COCA COLA CO | COM | 191216100 |  | 127220 | 2000 | SH |  | OTR |  | 0 | 0 | 2000 |
| COCA COLA CO | COM | 191216100 |  | 240255 | 3777 | SH |  | SOLE |  | 987 | 0 | 2790 |
| COPART INC | COM | 217204106 |  | 2917362 | 47912 | SH |  | SOLE |  | 13180 | 0 | 34732 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 26021 | 57 | SH |  | OTR |  | 0 | 0 | 57 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 1142163 | 2502 | SH |  | SOLE |  | 855 | 0 | 1647 |
| DANAHER CORPORATION | COM | 235851102 |  | 8528076 | 32130 | SH |  | SOLE |  | 10111 | 0 | 22019 |
| DOVER CORP | COM | 260003108 |  | 4670116 | 34489 | SH |  | SOLE |  | 9875 | 0 | 24614 |
| ECOLAB INC | COM | 278865100 |  | 2856615 | 19625 | SH |  | SOLE |  | 6688 | 0 | 12937 |
| EMERSON ELEC CO | COM | 291011104 |  | 278574 | 2900 | SH |  | SOLE |  | 0 | 0 | 2900 |
| EQUINIX INC | COM | 29444U700 |  | 3135272 | 4786 | SH |  | SOLE |  | 1580 | 0 | 3206 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 212548 | 1927 | SH |  | SOLE |  | 0 | 0 | 1927 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 950335 | 8616 | SH |  | OTR |  | 0 | 0 | 8616 |
| FIRST REP BK SAN FRANCISCO C | COM | 33616C100 |  | 1194514 | 9800 | SH |  | SOLE |  | 356 | 0 | 9444 |
| GENUINE PARTS CO | COM | 372460105 |  | 668708 | 3854 | SH |  | SOLE |  | 0 | 0 | 3854 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 356102 | 1037 | SH |  | SOLE |  | 37 | 0 | 1000 |
| HEICO CORP NEW | COM | 422806109 |  | 3363994 | 21895 | SH |  | SOLE |  | 6685 | 0 | 15210 |
| HOME DEPOT INC | COM | 437076102 |  | 277957 | 880 | SH |  | OTR |  | 0 | 0 | 880 |
| HOME DEPOT INC | COM | 437076102 |  | 2408117 | 7624 | SH |  | SOLE |  | 940 | 0 | 6684 |
| HONEYWELL INTL INC | COM | 438516106 |  | 365477 | 1705 | SH |  | SOLE |  | 0 | 0 | 1705 |
| IDEXX LABS INC | COM | 45168D104 |  | 3597391 | 8818 | SH |  | SOLE |  | 3580 | 0 | 5238 |
| ILLUMINA INC | COM | 452327109 |  | 879570 | 4350 | SH |  | SOLE |  | 2265 | 0 | 2085 |
| INTUIT | COM | 461202103 |  | 1781102 | 4576 | SH |  | SOLE |  | 1325 | 0 | 3251 |
| INTUITIVE SURGICAL INC | COM NEW | 46120E602 |  | 886269 | 3340 | SH |  | SOLE |  | 1825 | 0 | 1515 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 3583183 | 20284 | SH |  | SOLE |  | 7785 | 0 | 12499 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 340935 | 1930 | SH |  | OTR |  | 0 | 0 | 1930 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 227970 | 1700 | SH |  | OTR |  | 0 | 0 | 1700 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 8027431 | 59862 | SH |  | SOLE |  | 12383 | 0 | 47478 |
| LINDE PLC | SHS | G5494J103 |  | 405768 | 1244 | SH |  | SOLE |  | 0 | 0 | 1244 |
| MARKEL CORP | COM | 570535104 |  | 3820721 | 2900 | SH |  | SOLE |  | 832 | 0 | 2068 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 6723181 | 19334 | SH |  | SOLE |  | 5575 | 0 | 13759 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 23646 | 68 | SH |  | OTR |  | 0 | 0 | 68 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 56794 | 1270 | SH |  | OTR |  | 0 | 0 | 1270 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 415274 | 5343 | SH |  | SOLE |  | 0 | 0 | 5343 |
| MERCK  CO INC | COM | 58933Y105 |  | 1347841 | 12148 | SH |  | SOLE |  | 0 | 0 | 12148 |
| MICROSOFT CORP | COM | 594918104 |  | 5041434 | 21022 | SH |  | SOLE |  | 3413 | 0 | 17608 |
| MICROSOFT CORP | COM | 594918104 |  | 239820 | 1000 | SH |  | OTR |  | 0 | 0 | 1000 |
| MSCI INC | COM | 55354G100 |  | 3645452 | 7837 | SH |  | SOLE |  | 2151 | 0 | 5686 |
| NOVARTIS AG | SPONSORED ADR | 66987V109 |  | 475191 | 5238 | SH |  | SOLE |  | 0 | 0 | 5238 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 1025907 | 7020 | SH |  | SOLE |  | 2130 | 0 | 4890 |
| PAYCOM SOFTWARE INC | COM | 70432V102 |  | 3047244 | 9820 | SH |  | SOLE |  | 2520 | 0 | 7300 |
| PEPSICO INC | COM | 713448108 |  | 285623 | 1581 | SH |  | SOLE |  | 0 | 0 | 1581 |
| PFIZER INC | COM | 717081103 |  | 990162 | 19324 | SH |  | SOLE |  | 0 | 0 | 19324 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 245637 | 2427 | SH |  | SOLE |  | 0 | 0 | 2427 |
| PRICE T ROWE GROUP INC | COM | 74144T108 |  | 60038 | 550 | SH |  | OTR |  | 0 | 0 | 550 |
| PRICE T ROWE GROUP INC | COM | 74144T108 |  | 184480 | 1690 | SH |  | SOLE |  | 0 | 0 | 1690 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 1120496 | 7393 | SH |  | SOLE |  | 390 | 0 | 7003 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 287964 | 1900 | SH |  | OTR |  | 0 | 0 | 1900 |
| ROPER TECHNOLOGIES INC | COM | 776696106 |  | 5816973 | 13462 | SH |  | SOLE |  | 4794 | 0 | 8668 |
| SBA COMMUNICATIONS CORP NEW | CL A | 78410G104 |  | 269747 | 962 | SH |  | SOLE |  | 15 | 0 | 947 |
| STERIS PLC | SHS USD | G8473T100 |  | 1507255 | 8161 | SH |  | SOLE |  | 1965 | 0 | 6196 |
| TARGET CORP | COM | 87612E106 |  | 14308 | 96 | SH |  | OTR |  | 0 | 0 | 96 |
| TARGET CORP | COM | 87612E106 |  | 539972 | 3623 | SH |  | SOLE |  | 0 | 0 | 3623 |
| TELEDYNE TECHNOLOGIES INC | COM | 879360105 |  | 2553425 | 6385 | SH |  | SOLE |  | 1595 | 0 | 4790 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 3234220 | 5873 | SH |  | SOLE |  | 1720 | 0 | 4153 |
| TRADEWEB MKTS INC | CL A | 892672106 |  | 417954 | 6437 | SH |  | SOLE |  | 3950 | 0 | 2487 |
| TYLER TECHNOLOGIES INC | COM | 902252105 |  | 2921035 | 9060 | SH |  | SOLE |  | 2470 | 0 | 6590 |
| VEEVA SYS INC | CL A COM | 922475108 |  | 1890567 | 11715 | SH |  | SOLE |  | 3830 | 0 | 7885 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 326035 | 8275 | SH |  | SOLE |  | 0 | 0 | 8275 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 128956 | 3273 | SH |  | OTR |  | 0 | 0 | 3273 |
| VISA INC | COM CL A | 92826C839 |  | 3702699 | 17822 | SH |  | SOLE |  | 4032 | 0 | 13790 |
| VISA INC | COM CL A | 92826C839 |  | 415520 | 2000 | SH |  | OTR |  | 0 | 0 | 2000 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 272514 | 6600 | SH |  | OTR |  | 0 | 0 | 6600 |
| WEST PHARMACEUTICAL SVSC INC | COM | 955306105 |  | 3410978 | 14493 | SH |  | SOLE |  | 4880 | 0 | 9613 |
| ZOETIS INC | CL A | 98978V103 |  | 3750636 | 25593 | SH |  | SOLE |  | 8266 | 0 | 17327 |

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