American Assets Investment Management 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
ABBOTT LABS COM NPV	COMMON STOCK	002824100	1,311	25,500	SH		SOLE	0	25,500	0	0
ABBVIE INC	COMMON STOCK	00287Y109	2,196	42,720	SH		SOLE	0	42,720	0	0
ALEXANDRIA REAL ESTATE	COMMON STOCK	015271109	2,685	37,004	SH		SOLE	0	37,004	0	0
AMERICAN ASSETS TRUST INC USD0.01	COMMON STOCK	024013104	1,788	53,000	SH		SOLE	0	53,000	0	0
AMERICAN CAMPUS COMMUNITIES	COMMON STOCK	024835100	741	19,831	SH		SOLE	0	19,831	0	0
AMERICAN ELECTRIC POWER CO INC COM STK USD6.50	COMMON STOCK	025537101	2,533	50,000	SH		SOLE	0	50,000	0	0
AMERICAN INTERNATIONAL GROUP INC	COMMON STOCK	026874784	3,948	78,950	SH		SOLE	0	78,950	0	0
AMERICAN TOWER CORP	COMMON STOCK	03027X100	2,031	24,812	SH		SOLE	0	24,812	0	0
ANADARKO PETROLEUM CORP	COMMON STOCK	032511107	1,017	12,000	SH		SOLE	0	12,000	0	0
APPLE INC COM STK NPV	COMMON STOCK	037833100	4,026	7,500	SH		SOLE	0	7,500	0	0
AVALON BAY COMMUNITIES INC	COMMON STOCK	053484101	859	6,541	SH		SOLE	0	6,541	0	0
BAKER HUGHES INC COM STK USD1	COMMON STOCK	057224107	2,926	45,000	SH		SOLE	0	45,000	0	0
BANCO SANTANDER SA ADR EACH 1 REPR 1 ORD EUR0.50	COMMON STOCK	05964H105	1,150	120,019	SH		SOLE	0	120,019	0	0
BANK OF AMERICA CORP COM STK USD0.01	COMMON STOCK	060505104	1,582	91,980	SH		SOLE	0	91,980	0	0
BAXTER INTERNATIONAL INC COM STK USD1	COMMON STOCK	071813109	4,212	57,250	SH		SOLE	0	57,250	0	0
BECTON DICKINSON & CO COM STK USD1	COMMON STOCK	075887109	585	5,000	SH		SOLE	0	5,000	0	0
BIOMED REALTY TRUST	COMMON STOCK	09063H107	817	39,875	SH		SOLE	0	39,875	0	0
BOSTON PROPERTIES INC	COMMON STOCK	101121101	703	6,137	SH		SOLE	0	6,137	0	0
BP AMOCO P.L.C ADR-EACH CNV INTO 6 ORD USD0.25	COMMON STOCK	055622104	8,639	179,600	SH		SOLE	0	179,600	0	0
BRISTOL-MYERS SQUIBB CO COM STK USD0.10	COMMON STOCK	110122108	2,598	50,000	SH		SOLE	0	50,000	0	0
BUCKEYE PARTNERS LP UNITS OF LTD PARTNERSHIP	COMMON STOCK	118230101	826	11,000	SH		SOLE	0	11,000	0	0
BUNGE LTD	COMMON STOCK	G16962105	1,026	12,910	SH		SOLE	0	12,910	0	0
CADIZ INC NEW	COMMON STOCK	127537207	1,562	221,538	SH		SOLE	0	221,538	0	0
CAPITAL ONE FINANCIAL CORP COM STK USD0.01	COMMON STOCK	14040H105	1,620	21,000	SH		SOLE	0	21,000	0	0
CARDINAL HEALTH INC COM STK NPV	COMMON STOCK	14149Y108	1,419	20,277	SH		SOLE	0	20,277	0	0
CAREFUSION CORP USD0.01	COMMON STOCK	14170T101	543	13,500	SH		SOLE	0	13,500	0	0
CARNIVAL CORP COM STK USD0.01(PAIRED STOCK)	COMMON STOCK	143658300	568	15,000	SH		SOLE	0	15,000	0	0
CHEVRON CORP COM STK USD0.75	COMMON STOCK	166764100	6,322	53,170	SH		SOLE	0	53,170	0	0
CIGNA CORP	COMMON STOCK	125509109	286	3,410	SH		SOLE	0	3,410	0	0
CITIGROUP INC USD0.01	COMMON STOCK	172967424	1,944	41,894	SH		SOLE	0	41,894	0	0
COCA-COLA CO COM STK USD0.25	COMMON STOCK	191216100	2,165	56,000	SH		SOLE	0	56,000	0	0
COLONY FINANCIAL INC	COMMON STOCK	19624R106	389	17,729	SH		SOLE	0	17,729	0	0
CORNING INC	COMMON STOCK	219350105	416	20,000	SH		SOLE	0	20,000	0	0
COVIDIEN PLC USD0.20	COMMON STOCK	G2554F113	2,357	32,000	SH		SOLE	0	32,000	0	0
CYRUSONE INC COM	COMMON STOCK	23283R100	2,127	102,126	SH		SOLE	0	102,126	0	0
DEERE & CO	COMMON STOCK	244199105	711	7,830	SH		SOLE	0	7,830	0	0
DIGITAL RLTY TR INC COM STK USD0.01	COMMON STOCK	253868103	443	8,350	SH		SOLE	0	8,350	0	0
DOW CHEMICAL CO	COMMON STOCK	260543103	1,312	27,005	SH		SOLE	0	27,005	0	0
DUKE ENERGY CORP COM STK NPV	COMMON STOCK	26441C204	1,187	16,666	SH		SOLE	0	16,666	0	0
EBAY INC	COMMON STOCK	278642103	1,600	28,965	SH		SOLE	0	28,965	0	0
ECOLAB INC	COMMON STOCK	278865100	613	5,680	SH		SOLE	0	5,680	0	0
EDUCATION REALTY TRUST	COMMON STOCK	28140H104	1,713	173,526	SH		SOLE	0	173,526	0	0
EL PASO PIPELINE PARTNERS LP PARTNERSHIP UNITS	COMMON STOCK	283702108	608	20,000	SH		SOLE	0	20,000	0	0
EMC CORP - MASS	COMMON STOCK	268648102	3,613	131,800	SH		SOLE	0	131,800	0	0
ENBRIDGE ENERGY PARTNERS LP	COMMON STOCK	29250R106	603	22,000	SH		SOLE	0	22,000	0	0
EQUITY LIFESTYLE PROPERTIES INC	COMMON STOCK	29472R108	290	8,000	SH		SOLE	0	8,000	0	0
EPR PROPERTIES 9% SER E	PREFERRED STOCK	26884U109	961	31,500	SH		SOLE	0	31,500	0	0
EQUITY LIFESTYLE PROPERTIES INC	COMMON STOCK	29472R108	1,296	31,875	SH		SOLE	0	31,875	0	0
EQUITY RESIDENTIAL PROPERTIES TRUST	COMMON STOCK	29476L107	696	12,000	SH		SOLE	0	12,000	0	0
EXPRESS SCRIPTS HOLDING COMPANY	COMMON STOCK	30219G108	676	9,000	SH		SOLE	0	9,000	0	0
EXTRA SPACE STORAGE INC	COMMON STOCK	30225T102	2,004	41,304	SH		SOLE	0	41,304	0	0
EXXON MOBIL CORP COM STK NPV	COMMON STOCK	30231G102	2,335	23,900	SH		SOLE	0	23,900	0	0
FEDERAL REALTY INVESTMENT TRUST	COMMON STOCK	313747206	1,515	13,206	SH		SOLE	0	13,206	0	0
FLUOR CORP	COMMON STOCK	343412102	869	11,180	SH		SOLE	0	11,180	0	0
FORD MOTOR CO USD 0.01	COMMON STOCK	345370860	2,984	191,300	SH		SOLE	0	191,300	0	0
FREEPORT-MCMORAN COPPER & GOLD INC COM STK USD0.10	COMMON STOCK	35671D857	2,315	70,000	SH		SOLE	0	70,000	0	0
GAMESTOP CORP CLASS A	COMMON STOCK	36467W109	914	22,240	SH		SOLE	0	22,240	0	0
GENERAL DYNAMICS CORP	COMMON STOCK	369550108	2,942	27,010	SH		SOLE	0	27,010	0	0
GENERAL ELECTRIC CO. COM STK USD0.06	COMMON STOCK	369604103	10,026	387,260	SH		SOLE	0	387,260	0	0
GENERAL MILLS INC	COMMON STOCK	370334104	800	15,150	SH		SOLE	0	15,150	0	0
GENERAL MOTORS CO USD 0.01	COMMON STOCK	37045V100	4,617	134,140	SH		SOLE	0	134,140	0	0
GOLDMAN SACHS GROUP INC COM STK USD0.01	COMMON STOCK	38141G104	2,056	12,550	SH		SOLE	0	12,550	0	0
GOOGLE INC COM STK USD0.001 CLS'A'	COMMON STOCK	38259P508	1,783	1,600	SH		SOLE	0	1,600	0	0
HALLIBURTON CO COM STK USD2.50	COMMON STOCK	406216101	3,613	61,350	SH		SOLE	0	61,350	0	0
HARTFORD FINANCIAL SERVICES GRP INC COM STK	COMMON STOCK	416515104	2,826	80,119	SH		SOLE	0	80,119	0	0
HEALTH CARE REIT INC	COMMON STOCK	42217K106	1,340	22,488	SH		SOLE	0	22,488	0	0
HEALTHCARE TRUST OF AMERICA CL A	COMMON STOCK	42225P105	1,243	109,171	SH		SOLE	0	109,171	0	0
HESS CORP	COMMON STOCK	42809H107	875	10,560	SH		SOLE	0	10,560	0	0
HEWLETT-PACKARD CO COM STK USD0.01	COMMON STOCK	428236103	4,960	153,290	SH		SOLE	0	153,290	0	0
HOST HOTELS & RESORTS INC USD0.01	COMMON STOCK	44107P104	607	30,000	SH		SOLE	0	30,000	0	0
HUDSON PACIFIC PROPERTIES INC	COMMON STOCK	444097109	923	40,000	SH		SOLE	0	40,000	0	0
INTERNATIONAL BUS MACH CORP COM STK USD0.20	COMMON STOCK	459200101	1,540	8,000	SH		SOLE	0	8,000	0	0
JOHNSON & JOHNSON COM STK USD1	COMMON STOCK	478160104	5,434	55,320	SH		SOLE	0	55,320	0	0
JPMORGAN CHASE & CO COM STK USD1	COMMON STOCK	46625H100	8,834	145,510	SH		SOLE	0	145,510	0	0
KINDER MORGAN INC DELAWARE USD0.01	COMMON STOCK	49456B101	487	15,000	SH		SOLE	0	15,000	0	0
LASALLE HOTEL PPTYS SBI	COMMON STOCK	517942108	1,229	39,238	SH		SOLE	0	39,238	0	0
LAS VEGAS SANDS CORP	COMMON STOCK	517834107	3,163	39,150	SH		SOLE	0	39,150	0	0
LENNAR CORP CL A	COMMON STOCK	526057104	1,003	25,310	SH		SOLE	0	25,310	0	0
LIBERTY GLOBAL PLC CLASS A	COMMON STOCK	G5480U104	530	12,750	SH		SOLE	0	12,750	0	0
LIBERTY GLOBAL PLC CLASS C	COMMON STOCK	G5480U120	519	12,750	SH		SOLE	0	12,750	0	0
MACERICH CO COM STK USD0.01	COMMON STOCK	554382101	4,677	75,042	SH		SOLE	0	75,042	0	0
MEDTRONIC INC	COMMON STOCK	585055106	788	12,800	SH		SOLE	0	12,800	0	0
MERCK & CO INC(NEW) COM STK USD0.50	COMMON STOCK	58933Y105	4,263	75,100	SH		SOLE	0	75,100	0	0
METLIFE INC COM STK USD0.01	COMMON STOCK	59156R108	3,145	59,568	SH		SOLE	0	59,568	0	0
MICROSOFT CORP COM STK USD0.00000625	COMMON STOCK	594918104	3,115	76,000	SH		SOLE	0	76,000	0	0
MGM RESORTS INTERNATIONAL	COMMON STOCK	552953101	1,336	51,651	SH		SOLE	0	51,651	0	0
MORGAN STANLEY COM STK USD0.01	COMMON STOCK	617446448	935	30,000	SH		SOLE	0	30,000	0	0
NEW RESIDENTIAL INVESTMENT CORP	COMMON STOCK	64828T102	491	75,938	SH		SOLE	0	75,938	0	0
NEWMONT MINING CORP	COMMON STOCK	651639106	1,406	60,000	SH		SOLE	0	60,000	0	0
NORTHSTAR REALTY FINANCE CORP	COMMON STOCK	66704R100	1,856	115,004	SH		SOLE	0	115,004	0	0
NOVARTIS AG ADR EACH REPR 1 CHF0.50(REGD)	COMMON STOCK	66987V109	4,401	51,760	SH		SOLE	0	51,760	0	0
ONEOK PARTNERS LP	COMMON STOCK	68268N103	536	10,000	SH		SOLE	0	10,000	0	0
ORACLE CORP COM STK USD0.01	COMMON STOCK	68389X105	3,758	91,870	SH		SOLE	0	91,870	0	0
PEBBLEBROOK HOTEL TRUST	COMMON STOCK	70509V100	205	22,081	SH		SOLE	0	22,081	0	0
PEPSICO INC CAP STK USD0.0166	COMMON STOCK	713445108	3,156	37,800	SH		SOLE	0	37,800	0	0
PFIZER INC COM STK USD0.05	COMMON STOCK	717081103	3,557	110,750	SH		SOLE	0	110,750	0	0
PHILIP MORRIS INTERNATIONAL INC	COMMON STOCK	718172109	409	5,000	SH		SOLE	0	5,000	0	0
PHILLIPS 66	COMMON STOCK	718546104	1,134	14,710	SH		SOLE	0	14,710	0	0
PINNACLE WEST CAPITAL CORP COM STK USD2.50	COMMON STOCK	723484101	2,733	50,000	SH		SOLE	0	50,000	0	0
PPL CORP COM STK USD0.01	COMMON STOCK	69351T106	2,320	70,000	SH		SOLE	0	70,000	0	0
PROLOGIS INC	COMMON STOCK	74340W103	858	21,000	SH		SOLE	0	21,000	0	0
PRUDENTIAL FINANCIAL INC COM STK USD0.01	COMMON STOCK	744320102	2,201	26,000	SH		SOLE	0	26,000	0	0
PUBLIC STORAGE	COMMON STOCK	74460D109	993	5,893	SH		SOLE	0	5,893	0	0
QTS REALTY TRUST INC	COMMON STOCK	74736A103	1,718	68,456	SH		SOLE	0	68,456	0	0
QUALCOMM INC COM STK USD0.0001	COMMON STOCK	747525103	3,840	48,700	SH		SOLE	0	48,700	0	0
QUEST DIAGNOSTICS INC	COMMON STOCK	74834L100	869	15,000	SH		SOLE	0	15,000	0	0
RADIAN GROUP INC	COMMON STOCK	750236101	1,337	88,928	SH		SOLE	0	88,928	0	0
RAIT FINANCIAL TRUST	COMMON STOCK	749227609	572	67,316	SH		SOLE	0	67,316	0	0
ROYAL DUTCH SHELL ADR EACH REPR 2'A'SHS	COMMON STOCK	780259206	4,127	56,481	SH		SOLE	0	56,481	0	0
SANOFI ADR ECH REP 1/2 ORD EUR2 SPON	COMMON STOCK	80105N105	2,353	45,000	SH		SOLE	0	45,000	0	0
SBA COMMUNICATIONS CORP CL A	COMMON STOCK	78388J106	1,572	17,283	SH		SOLE	0	17,283	0	0
SCHLUMBERGER COM STK USD0.01	COMMON STOCK	806857108	2,225	22,822	SH		SOLE	0	22,822	0	0
SIEMENS AG ADR-EACH CNV INTO 1 ORD NPV	COMMON STOCK	826197501	5,338	39,500	SH		SOLE	0	39,500	0	0
SIMON PROPERTY GROUP INC	COMMON STOCK	828806109	5,568	33,954	SH		SOLE	0	33,954	0	0
SPX CORP	COMMON STOCK	784635104	1,142	11,620	SH		SOLE	0	11,620	0	0
STARWOOD HTLS WRLD PAIRED CERT CLASS'B'USD0.01	COMMON STOCK	85590A401	1,688	21,200	SH		SOLE	0	21,200	0	0
STRATEGIC HOTELS & RESORTS	COMMON STOCK	86272T106	1,552	152,313	SH		SOLE	0	152,313	0	0
STRYKER CORP COM STK USD0.10	COMMON STOCK	863667101	1,027	12,600	SH		SOLE	0	12,600	0	0
SUN COMMUNITIES	COMMON STOCK	866674104	1,760	39,028	SH		SOLE	0	39,028	0	0
TANGER FACTORY OUTLET CENTER	COMMON STOCK	875465106	2,921	83,470	SH		SOLE	0	83,470	0	0
TAUBMAN CENTERS INC	COMMON STOCK	876664103	5,843	82,536	SH		SOLE	0	82,536	0	0
TELEFONICA SA ADR EACH REPR 1 ORD EUR1	COMMON STOCK	879382208	790	50,000	SH		SOLE	0	50,000	0	0
TRANSOCEAN LTD CHF15	COMMON STOCK	H8817H100	620	15,000	SH		SOLE	0	15,000	0	0
UNITEDHEALTH GROUP INC	COMMON STOCK	91324P102	305	3,720	SH		SOLE	0	3,720	0	0
VENTAS INC	COMMON STOCK	92276F100	1,211	20,000	SH		SOLE	0	20,000	0	0
VERIZON COMMUNICATIONS INC COM STK USD0.10	COMMON STOCK	92343V104	4,995	105,000	SH		SOLE	0	105,000	0	0
WALGREEN CO COM STK USD0.078125	COMMON STOCK	931422109	2,717	41,150	SH		SOLE	0	41,150	0	0
WELLS FARGO & CO COM STK USD1 2/3	COMMON STOCK	949746101	44,567	896,000	SH		SOLE	0	896,000	0	0
WILLIAMS SONOMA INC	COMMON STOCK	969904101	1,664	24,970	SH		SOLE	0	24,970	0	0
WYNN RESORTS LTD COM STK USD0.01	COMMON STOCK	983134107	2,758	12,416	SH		SOLE	0	12,416	0	0
ISHARES TRUST S&P	S&P NTL AMTFREE	464288414	4,790	44,739	SH		SOLE	0	44,739	0	0
JPMORGAN CHASE & CO C/WTS 28/OCT/2018	WARRANTS	46634E114	283	14,000	SH		SOLE	0	14,000	0	0