# EDGAR Filing Document

**Accession Number:** 0001632078
**File Stem:** 0001632078-23-000002
**Filing Date:** 2023-1
**Character Count:** 17146
**Document Hash:** 8326e811334c3f182f1775f30c0c7310
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001632078-23-000002.hdr.sgml**: 20230127

**ACCESSION NUMBER**: 0001632078-23-000002

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230127

**DATE AS OF CHANGE**: 20230126

**EFFECTIVENESS DATE**: 20230127

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Spectrum Asset Management, Inc. (NB/CA)
- **CENTRAL INDEX KEY:** 0001632078
- **IRS NUMBER:** 330171752
- **STATE OF INCORPORATION:** CA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-16433
- **FILM NUMBER:** 23559458

**BUSINESS ADDRESS:**
- **STREET 1:** 1301 DOVE STREET, SUITE 720
- **CITY:** NEWPORT BEACH
- **STATE:** CA
- **ZIP:** 92660
- **BUSINESS PHONE:** 949-717-3400

**MAIL ADDRESS:**
- **STREET 1:** 1301 DOVE STREET, SUITE 720
- **CITY:** NEWPORT BEACH
- **STATE:** CA
- **ZIP:** 92660

### 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:** Spectrum Asset Management Inc. (NB/CA)<br>**Address:** 1301 DOVE STREET SUITE 720<br>NEWPORT BEACH, CA 92660

**Form 13F File Number:** 028-16433

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:** Tony Jung<br>**Title:** COO<br>**Phone:** 949-717-3400

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

Tony Jung  Newport Beach, CA  01-26-2023<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:** 108

**Form 13F Information Table Value Total:** $206299477

      (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 |  | 2016513 | 18367 | SH |  | SOLE | Spectrum Asset Management Inc. | 18367 | 0 | 0 |
| ABBVIE INC | COM | 00287Y109 |  | 4156845 | 25721 | SH |  | SOLE | Spectrum Asset Management Inc. | 25721 | 0 | 0 |
| ABRDN ASIA PACIFIC INCOME FU | COM | 003009107 |  | 29783 | 11207 | SH |  | SOLE | Spectrum Asset Management Inc. | 11207 | 0 | 0 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 |  | 3320824 | 12445 | SH |  | SOLE | Spectrum Asset Management Inc. | 12445 | 0 | 0 |
| ADOBE SYSTEMS INCORPORATED | COM | 00724F101 |  | 308598 | 917 | SH |  | SOLE | Spectrum Asset Management Inc. | 917 | 0 | 0 |
| ALKERMES PLC | SHS | G01767105 |  | 290958 | 11135 | SH |  | SOLE | Spectrum Asset Management Inc. | 11135 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 419975 | 4760 | SH |  | SOLE | Spectrum Asset Management Inc. | 4760 | 0 | 0 |
| AMERICOLD REALTY TRUST INC | COM | 03064D108 |  | 2918334 | 102290 | SH |  | SOLE | Spectrum Asset Management Inc. | 102290 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 2571366 | 19790 | SH |  | SOLE | Spectrum Asset Management Inc. | 19790 | 0 | 0 |
| APPLE INC | PUT | 037833100 |  | 28020 | 2000 | PRN | Put | SOLE | Spectrum Asset Management Inc. | 2000 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 216376 | 6533 | SH |  | SOLE | Spectrum Asset Management Inc. | 6533 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 14341 | 433 | SH |  | DFND | Spectrum Asset Management Inc. | 0 | 0 | 433 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 2810990 | 9100 | SH |  | SOLE | Spectrum Asset Management Inc. | 9100 | 0 | 0 |
| BORGWARNER INC | COM | 099724106 |  | 2329871 | 57885 | SH |  | SOLE | Spectrum Asset Management Inc. | 57885 | 0 | 0 |
| BP PLC | SPONSORED ADR | 055622104 |  | 273439 | 7828 | SH |  | SOLE | Spectrum Asset Management Inc. | 7828 | 0 | 0 |
| BUNGE LIMITED | COM | G16962105 |  | 2996592 | 30035 | SH |  | SOLE | Spectrum Asset Management Inc. | 30035 | 0 | 0 |
| CF INDS HLDGS INC | COM | 125269100 |  | 1946394 | 22845 | SH |  | SOLE | Spectrum Asset Management Inc. | 22845 | 0 | 0 |
| CHESAPEAKE ENERGY CORP | COM | 165167735 |  | 3230050 | 34228 | SH |  | SOLE | Spectrum Asset Management Inc. | 34228 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 9052072 | 50432 | SH |  | SOLE | Spectrum Asset Management Inc. | 50432 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 18846 | 105 | SH |  | DFND | Spectrum Asset Management Inc. | 0 | 0 | 105 |
| CISCO SYS INC | COM | 17275R102 |  | 3691867 | 77495 | SH |  | SOLE | Spectrum Asset Management Inc. | 77495 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 |  | 12196 | 256 | SH |  | DFND | Spectrum Asset Management Inc. | 0 | 0 | 256 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 888902 | 1947 | SH |  | SOLE | Spectrum Asset Management Inc. | 1947 | 0 | 0 |
| DANAHER CORPORATION | COM | 235851102 |  | 812950 | 3060 | SH |  | SOLE | Spectrum Asset Management Inc. | 3060 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 1346205 | 3131 | SH |  | SOLE | Spectrum Asset Management Inc. | 3131 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 |  | 291656 | 3357 | SH |  | SOLE | Spectrum Asset Management Inc. | 3357 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 3145830 | 30545 | SH |  | SOLE | Spectrum Asset Management Inc. | 30545 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 17302 | 168 | SH |  | DFND | Spectrum Asset Management Inc. | 0 | 0 | 168 |
| EDISON INTL | COM | 281020107 |  | 295255 | 4588 | SH |  | SOLE | Spectrum Asset Management Inc. | 4588 | 0 | 0 |
| EDWARDS LIFESCIENCES CORP | COM | 28176E108 |  | 204133 | 2736 | SH |  | SOLE | Spectrum Asset Management Inc. | 2736 | 0 | 0 |
| EMERSON ELEC CO | COM | 291011104 |  | 2757402 | 28705 | SH |  | SOLE | Spectrum Asset Management Inc. | 28705 | 0 | 0 |
| EOG RES INC | COM | 26875P101 |  | 860401 | 6643 | SH |  | SOLE | Spectrum Asset Management Inc. | 6643 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 6825888 | 61885 | SH |  | SOLE | Spectrum Asset Management Inc. | 61885 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 18200 | 165 | SH |  | DFND | Spectrum Asset Management Inc. | 0 | 0 | 165 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 3678231 | 14825 | SH |  | SOLE | Spectrum Asset Management Inc. | 14825 | 0 | 0 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 12406 | 50 | SH |  | DFND | Spectrum Asset Management Inc. | 0 | 0 | 50 |
| GLOBAL X FDS | GLBL X MLP ETF | 37954Y343 |  | 425989 | 10317 | SH |  | SOLE | Spectrum Asset Management Inc. | 10317 | 0 | 0 |
| HONEYWELL INTL INC | COM | 438516106 |  | 4885397 | 22797 | SH |  | SOLE | Spectrum Asset Management Inc. | 22797 | 0 | 0 |
| INMODE LTD | SHS | M5425M103 |  | 290776 | 8145 | SH |  | SOLE | Spectrum Asset Management Inc. | 8145 | 0 | 0 |
| INTEL CORP | COM | 458140100 |  | 1989866 | 75288 | SH |  | SOLE | Spectrum Asset Management Inc. | 75288 | 0 | 0 |
| INTEL CORP | CALL | 458140100 |  | 19100 | 10000 | PRN | Call | SOLE | Spectrum Asset Management Inc. | 10000 | 0 | 0 |
| INTEL CORP | CALL | 458140100 |  | 6872 | 260 | SH |  | DFND | Spectrum Asset Management Inc. | 0 | 0 | 260 |
| INTUIT | COM | 461202103 |  | 673740 | 1731 | SH |  | SOLE | Spectrum Asset Management Inc. | 1731 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 7189908 | 50902 | SH |  | SOLE | Spectrum Asset Management Inc. | 50902 | 0 | 0 |
| ISHARES GOLD TR | ISHARES NEW | 464285204 |  | 4582656 | 132485 | SH |  | SOLE | Spectrum Asset Management Inc. | 132485 | 0 | 0 |
| ISHARES INC | MSCI EMERG MRKT | 464286533 |  | 248327 | 4681 | SH |  | SOLE | Spectrum Asset Management Inc. | 4681 | 0 | 0 |
| ISHARES TR | US TREAS BD ETF | 46429B267 |  | 18638785 | 820369 | SH |  | SOLE | Spectrum Asset Management Inc. | 820369 | 0 | 0 |
| ISHARES TR | ESG AWR MSCI USA | 46435G425 |  | 5480067 | 64662 | SH |  | SOLE | Spectrum Asset Management Inc. | 64662 | 0 | 0 |
| ISHARES TR | MSCI USA MIN VOL | 46429B697 |  | 3799454 | 52697 | SH |  | SOLE | Spectrum Asset Management Inc. | 52697 | 0 | 0 |
| ISHARES TR | CORE TOTAL USD | 46434V613 |  | 976284 | 21729 | SH |  | SOLE | Spectrum Asset Management Inc. | 21729 | 0 | 0 |
| ISHARES TR | IBONDS 23 TRM TS | 46436E882 |  | 896687 | 36296 | SH |  | SOLE | Spectrum Asset Management Inc. | 36296 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 |  | 526277 | 1370 | SH |  | SOLE | Spectrum Asset Management Inc. | 1370 | 0 | 0 |
| ISHARES TR | RUS 1000 ETF | 464287622 |  | 518604 | 2463 | SH |  | SOLE | Spectrum Asset Management Inc. | 2463 | 0 | 0 |
| ISHARES TR | EAFE VALUE ETF | 464288877 |  | 305010 | 6648 | SH |  | SOLE | Spectrum Asset Management Inc. | 6648 | 0 | 0 |
| ISHARES TR | EAFE GRWTH ETF | 464288885 |  | 257311 | 3072 | SH |  | SOLE | Spectrum Asset Management Inc. | 3072 | 0 | 0 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 |  | 243510 | 3000 | SH |  | SOLE | Spectrum Asset Management Inc. | 3000 | 0 | 0 |
| KINDER MORGAN INC DEL | COM | 49456B101 |  | 2478002 | 137058 | SH |  | SOLE | Spectrum Asset Management Inc. | 137058 | 0 | 0 |
| MARRIOTT INTL INC NEW | CL A | 571903202 |  | 300758 | 2020 | SH |  | SOLE | Spectrum Asset Management Inc. | 2020 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 405516 | 1539 | SH |  | SOLE | Spectrum Asset Management Inc. | 1539 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 |  | 225396 | 600 | SH |  | SOLE | Spectrum Asset Management Inc. | 600 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 1563428 | 19936 | SH |  | SOLE | Spectrum Asset Management Inc. | 19936 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 12074 | 154 | SH |  | DFND | Spectrum Asset Management Inc. | 0 | 0 | 154 |
| MICROSOFT CORP | COM | 594918104 |  | 3005371 | 12532 | SH |  | SOLE | Spectrum Asset Management Inc. | 12532 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 8154 | 34 | SH |  | DFND | Spectrum Asset Management Inc. | 0 | 0 | 34 |
| MORNINGSTAR INC | COM | 617700109 |  | 389862 | 1800 | SH |  | SOLE | Spectrum Asset Management Inc. | 1800 | 0 | 0 |
| NIKE INC | CL B | 654106103 |  | 466146 | 3984 | SH |  | SOLE | Spectrum Asset Management Inc. | 3984 | 0 | 0 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 313180 | 574 | SH |  | SOLE | Spectrum Asset Management Inc. | 574 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 2530670 | 30960 | SH |  | SOLE | Spectrum Asset Management Inc. | 30960 | 0 | 0 |
| PEPSICO INC | COM | 713448108 |  | 504522 | 2771 | SH |  | SOLE | Spectrum Asset Management Inc. | 2771 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 343820 | 6710 | SH |  | SOLE | Spectrum Asset Management Inc. | 6710 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 16909 | 330 | SH |  | DFND | Spectrum Asset Management Inc. | 0 | 0 | 330 |
| PIONEER NAT RES CO | COM | 723787107 |  | 211718 | 927 | SH |  | SOLE | Spectrum Asset Management Inc. | 927 | 0 | 0 |
| PROSHARES TR | SHORT S 500 NE | 74347B425 |  | 5906863 | 368488 | SH |  | SOLE | Spectrum Asset Management Inc. | 368488 | 0 | 0 |
| PUBLIC STORAGE | COM | 74460D109 |  | 1190808 | 4250 | SH |  | SOLE | Spectrum Asset Management Inc. | 4250 | 0 | 0 |
| QUALCOMM INC | COM | 747525103 |  | 1413389 | 12856 | SH |  | SOLE | Spectrum Asset Management Inc. | 12856 | 0 | 0 |
| RAYTHEON TECHNOLOGIES CORP | COM | 75513E101 |  | 363495 | 3602 | SH |  | SOLE | Spectrum Asset Management Inc. | 3602 | 0 | 0 |
| RAYTHEON TECHNOLOGIES CORP | COM | 75513E101 |  | 17661 | 175 | SH |  | DFND | Spectrum Asset Management Inc. | 0 | 0 | 175 |
| ROCKWELL AUTOMATION INC | COM | 773903109 |  | 956873 | 3715 | SH |  | SOLE | Spectrum Asset Management Inc. | 3715 | 0 | 0 |
| SCHLUMBERGER LTD | COM STK | 806857108 |  | 200952 | 3747 | SH |  | SOLE | Spectrum Asset Management Inc. | 3747 | 0 | 0 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 3842111 | 46146 | SH |  | SOLE | Spectrum Asset Management Inc. | 46146 | 0 | 0 |
| SCHWAB STRATEGIC TR | US LCAP VA ETF | 808524409 |  | 15847639 | 240043 | SH |  | SOLE | Spectrum Asset Management Inc. | 240043 | 0 | 0 |
| SCHWAB STRATEGIC TR | INT-TRM U.S TRES | 808524854 |  | 8622438 | 175146 | SH |  | SOLE | Spectrum Asset Management Inc. | 175146 | 0 | 0 |
| SCHWAB STRATEGIC TR | US LCAP GR ETF | 808524300 |  | 6648025 | 119655 | SH |  | SOLE | Spectrum Asset Management Inc. | 119655 | 0 | 0 |
| SCHWAB STRATEGIC TR | INTL EQTY ETF | 808524805 |  | 1998759 | 62054 | SH |  | SOLE | Spectrum Asset Management Inc. | 62054 | 0 | 0 |
| SCHWAB STRATEGIC TR | US BRD MKT ETF | 808524102 |  | 1655067 | 36935 | SH |  | SOLE | Spectrum Asset Management Inc. | 36935 | 0 | 0 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 |  | 8751828 | 100055 | SH |  | SOLE | Spectrum Asset Management Inc. | 100055 | 0 | 0 |
| SEMPRA | COM | 816851109 |  | 3057642 | 19656 | SH |  | SOLE | Spectrum Asset Management Inc. | 19656 | 0 | 0 |
| SHELL PLC | SPON ADS | 780259305 |  | 358785 | 6300 | SH |  | SOLE | Spectrum Asset Management Inc. | 6300 | 0 | 0 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 1891316 | 11149 | SH |  | SOLE | Spectrum Asset Management Inc. | 11149 | 0 | 0 |
| SPDR INDEX SHS FDS | PORTFOLIO DEVLPD | 78463X889 |  | 234106 | 7885 | SH |  | SOLE | Spectrum Asset Management Inc. | 7885 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 1092318 | 2843 | SH |  | SOLE | Spectrum Asset Management Inc. | 2843 | 0 | 0 |
| SPROTT PHYSICAL GOLD TR | UNIT | 85207H104 |  | 252108 | 17880 | SH |  | SOLE | Spectrum Asset Management Inc. | 17880 | 0 | 0 |
| SPROTT PHYSICAL SILVER TR | TR UNIT | 85207K107 |  | 319959 | 38830 | SH |  | SOLE | Spectrum Asset Management Inc. | 38830 | 0 | 0 |
| STRYKER CORPORATION | COM | 863667101 |  | 847549 | 3456 | SH |  | SOLE | Spectrum Asset Management Inc. | 3456 | 0 | 0 |
| TENON MEDICAL INC | COM | 88066N105 |  | 206211 | 130513 | SH |  | SOLE | Spectrum Asset Management Inc. | 130513 | 0 | 0 |
| TESLA INC | COM | 88160R101 |  | 655723 | 5323 | SH |  | SOLE | Spectrum Asset Management Inc. | 5323 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 280874 | 1700 | SH |  | SOLE | Spectrum Asset Management Inc. | 1700 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 532831 | 1005 | SH |  | SOLE | Spectrum Asset Management Inc. | 1005 | 0 | 0 |
| VANGUARD INDEX FDS | GROWTH ETF | 922908736 |  | 2545386 | 11944 | SH |  | SOLE | Spectrum Asset Management Inc. | 11944 | 0 | 0 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 369382 | 1932 | SH |  | SOLE | Spectrum Asset Management Inc. | 1932 | 0 | 0 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 297584 | 2120 | SH |  | SOLE | Spectrum Asset Management Inc. | 2120 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | VNG RUS1000IDX | 92206C730 |  | 3299439 | 18934 | SH |  | SOLE | Spectrum Asset Management Inc. | 18934 | 0 | 0 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 849524 | 20241 | SH |  | SOLE | Spectrum Asset Management Inc. | 20241 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 1324647 | 33620 | SH |  | SOLE | Spectrum Asset Management Inc. | 33620 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 380992 | 1834 | SH |  | SOLE | Spectrum Asset Management Inc. | 1834 | 0 | 0 |
| VOLITIONRX LTD | COM | 928661107 |  | 135098 | 55596 | SH |  | SOLE | Spectrum Asset Management Inc. | 55596 | 0 | 0 |
| WALMART INC | COM | 931142103 |  | 1148894 | 8071 | SH |  | SOLE | Spectrum Asset Management Inc. | 8071 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 264044 | 6395 | SH |  | SOLE | Spectrum Asset Management Inc. | 6395 | 0 | 0 |

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