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	1,145	25,500	SH		SOLE	0	25,500	0	0
ABBVIE INC	COMMON STOCK	00287Y109	2,725	46,000	SH		SOLE	0	46,000	0	0
AERCAP HOLDINGS NV	COMMON STOCK	N00985106	1,576	36,520	SH		SOLE	0	36,520	0	0
ALEXANDRIA REAL ESTATE	COMMON STOCK	015271109	1,084	12,000	SH		SOLE	0	12,000	0	0
ALPHABET INC USD	COMMON STOCK	02079K305	1,245	1,600	SH		SOLE	0	1,600	0	0
ALPHABET INC USD 0.001	COMMON STOCK	02079K107	1,217	1,604	SH		SOLE	0	1,604	0	0
AMERICAN ASSETS TRUST INC USD0.01	COMMON STOCK	024013104	28,959	755,124	SH		SOLE	0	755,124	0	0
AMERICAN CAMPUS COMMUNITIES	COMMON STOCK	024835100	496	12,000	SH		SOLE	0	12,000	0	0
AMERICAN ELECTRIC POWER CO INC COM STK USD6.50	COMMON STOCK	025537101	2,914	50,000	SH		SOLE	0	50,000	0	0
AMERICAN INTERNATIONAL GROUP INC	COMMON STOCK	026874784	4,714	76,070	SH		SOLE	0	76,070	0	0
ANADARKO PETROLEUM CORP	COMMON STOCK	032511107	972	20,000	SH		SOLE	0	20,000	0	0
ANNALY CAPITAL MANAGEMENT INC	COMMON STOCK	035710409	1,426	152,070	SH		SOLE	0	152,070	0	0
APOLLO EDUCATION GROUP INC	COMMON STOCK	037604105	268	35,000	SH		SOLE	0	35,000	0	0
APPLE INC COM STK NPV	COMMON STOCK	037833100	5,526	52,500	SH		SOLE	0	52,500	0	0
AT&T INC USD1	COMMON STOCK	00206R102	1,376	40,000	SH		SOLE	0	40,000	0	0
AVALONBAY COMMUNITIES INC USD0.01	COMMON STOCK	053484101	957	5,200	SH		SOLE	0	5,200	0	0
BAKER HUGHES INC COM STK USD1	COMMON STOCK	057224107	2,538	55,000	SH		SOLE	0	55,000	0	0
BANCO SANTANDER SA ADR EACH 1 REPR 1 ORD EUR0.50	COMMON STOCK	05964H105	657	134,831	SH		SOLE	0	134,831	0	0
BANK OF AMERICA CORP COM STK USD0.01	COMMON STOCK	060505104	2,717	161,430	SH		SOLE	0	161,430	0	0
BANK OF MONTREAL COM STK CAD	COMMON STOCK	063671101	1,411	25,000	SH		SOLE	0	25,000	0	0
BANK OF NEW YORK MELLON CORP	COMMON STOCK	064058100	589	14,300	SH		SOLE	0	14,300	0	0
BANK OF NOVA SCOTIA	COMMON STOCK	064149107	1,618	40,000	SH		SOLE	0	40,000	0	0
BAXALTA INC	COMMON STOCK	07177M103	2,896	74,200	SH		SOLE	0	74,200	0	0
BAXTER INTERNATIONAL INC COM STK USD1	COMMON STOCK	071813109	2,831	74,200	SH		SOLE	0	74,200	0	0
BECTON DICKINSON & CO USD1	COMMON STOCK	075887109	770	5,000	SH		SOLE	0	5,000	0	0
BP AMOCO P.L.C ADR-EACH CNV INTO 6 ORD USD0.25	COMMON STOCK	055622104	6,703	214,420	SH		SOLE	0	214,420	0	0
BRISTOL-MYERS SQUIBB CO COM STK USD0.10	COMMON STOCK	110122108	3,440	50,000	SH		SOLE	0	50,000	0	0
BUCKEYE PARTNERS LP UNITS OF LTD PARTNERSHIP	COMMON STOCK	118230101	726	11,000	SH		SOLE	0	11,000	0	0
CADIZ INC NEW	COMMON STOCK	127537207	53	10,000	SH		SOLE	0	10,000	0	0
CAPITAL ONE FINANCIAL CORP COM STK USD0.01	COMMON STOCK	14040H105	1,516	21,000	SH		SOLE	0	21,000	0	0
CARDINAL HEALTH INC COM STK NPV	COMMON STOCK	14149Y108	1,810	20,277	SH		SOLE	0	20,277	0	0
CARNIVAL CORP COM STK USD0.01(PAIRED STOCK)	COMMON STOCK	143658300	817	15,000	SH		SOLE	0	15,000	0	0
CHEVRON CORP COM STK USD0.75	COMMON STOCK	166764100	5,683	63,170	SH		SOLE	0	63,170	0	0
CHICAGO BRIDGE & IRON CO NV	COMMON STOCK	167250109	585	15,000	SH		SOLE	0	15,000	0	0
CITIGROUP INC USD0.01	COMMON STOCK	172967424	2,174	42,000	SH		SOLE	0	42,000	0	0
COCA-COLA CO COM STK USD0.25	COMMON STOCK	191216100	2,406	56,000	SH		SOLE	0	56,000	0	0
CORESITE REALTY CORP USD0.01	COMMON STOCK	21870Q105	1,702	30,000	SH		SOLE	0	30,000	0	0
CORNING INC	COMMON STOCK	219350105	366	20,000	SH		SOLE	0	20,000	0	0
CYRUSONE INC REIT USD 0.01	COMMON STOCK	23283R100	2,547	68,000	SH		SOLE	0	68,000	0	0
DEERE & CO.	COMMON STOCK	244199105	877	11,500	SH		SOLE	0	11,500	0	0
DEUTSCHE BANK AG	COMMON STOCK	D18190898	3,202	132,577	SH		SOLE	0	132,577	0	0
DIGITAL REALTY TRUST INC USD0.01	COMMON STOCK	253868103	314	4,150	SH		SOLE	0	4,150	0	0
DOW CHEMICAL CO	COMMON STOCK	260543103	2,886	56,065	SH		SOLE	0	56,065	0	0
DUKE ENERGY CORP COM STK NPV	COMMON STOCK	26441C204	1,190	16,666	SH		SOLE	0	16,666	0	0
EMC CORP - MASS	COMMON STOCK	268648102	3,005	117,000	SH		SOLE	0	117,000	0	0
ENBRIDGE ENERGY PARTNERS LP	COMMON STOCK	29250R106	508	22,000	SH		SOLE	0	22,000	0	0
ENCANA CORP COMMON STOCK CAD	COMMON STOCK	292505104	305	60,000	SH		SOLE	0	60,000	0	0
EQUITY RESIDENTIAL PROPERTIES TRUST	COMMON STOCK	29476L107	979	12,000	SH		SOLE	0	12,000	0	0
EXPRESS SCRIPTS HLDG CO USD0.01	COMMON STOCK	30219G108	787	9,000	SH		SOLE	0	9,000	0	0
EXXON MOBIL CORP COM STK NPV	COMMON STOCK	30231G102	3,898	50,000	SH		SOLE	0	50,000	0	0
FORD MOTOR CO USD 0.01	COMMON STOCK	345370860	3,151	223,660	SH		SOLE	0	223,660	0	0
FREEPORT-MCMORAN COPPER & GOLD INC COM STK USD0.10	COMMON STOCK	35671D857	508	75,000	SH		SOLE	0	75,000	0	0
GAMESTOP CORP CLASS A	COMMON STOCK	36467W109	982	35,010	SH		SOLE	0	35,010	0	0
GENERAL ELECTRIC CO. COM STK USD0.06	COMMON STOCK	369604103	12,460	400,000	SH		SOLE	0	400,000	0	0
GENERAL GROWTH PPTYS INC NEW	COMMON STOCK	370023103	2,041	75,000	SH		SOLE	0	75,000	0	0
GENERAL MILLS INC	COMMON STOCK	370334104	1,153	20,000	SH		SOLE	0	20,000	0	0
GENERAL MOTORS CO USD 0.01	COMMON STOCK	37045V100	7,299	214,600	SH		SOLE	0	214,600	0	0
GLAXOSMITHKLINE PLC ADR USD	COMMON STOCK	37733W105	404	10,000	SH		SOLE	0	10,000	0	0
GOLDMAN SACHS GROUP INC COM STK USD0.01	COMMON STOCK	38141G104	2,262	12,550	SH		SOLE	0	12,550	0	0
HALLIBURTON CO COM STK USD2.50	COMMON STOCK	406216101	2,783	81,750	SH		SOLE	0	81,750	0	0
HARTFORD FINANCIAL SERVICES GRP INC COM STK	COMMON STOCK	416515104	1,744	40,119	SH		SOLE	0	40,119	0	0
HEWLETT-PACKARD CO COM STK USD0.01	COMMON STOCK	428236103	1,930	127,000	SH		SOLE	0	127,000	0	0
HOST HOTELS & RESORTS INC USD0.01	COMMON STOCK	44107P104	690	45,000	SH		SOLE	0	45,000	0	0
HP INC	COMMON STOCK	40434L105	1,504	127,000	SH		SOLE	0	127,000	0	0
INTERNATIONAL BUSINESS MACHINES CORP	COMMON STOCK	459200101	1,101	8,000	SH		SOLE	0	8,000	0	0
ITC HOLDINGS CORP	COMMON STOCK	465685105	1,655	42,170	SH		SOLE	0	42,170	0	0
ILLINOIS TOOL WORKS INC	COMMON STOCK	452308109	1,988	21,450	SH		SOLE	0	21,450	0	0
JOHNSON & JOHNSON COM STK USD1	COMMON STOCK	478160104	5,788	56,350	SH		SOLE	0	56,350	0	0
JPMORGAN CHASE & CO COM STK USD1	COMMON STOCK	46625H100	10,764	163,010	SH		SOLE	0	163,010	0	0
KINDER MORGAN INC DELAWARE USD0.01	COMMON STOCK	49456B101	655	43,902	SH		SOLE	0	43,902	0	0
LAS VEGAS SANDS CORP	COMMON STOCK	517834107	877	20,000	SH		SOLE	0	20,000	0	0
MACERICH CO COM STK USD0.01	COMMON STOCK	554382101	794	9,842	SH		SOLE	0	9,842	0	0
MACYS INC	COMMON STOCK	55616P104	840	24,000	SH		SOLE	0	24,000	0	0
MALLINCKRODT PLC COMMON STOCK USD 0.2	COMMON STOCK	G5785G107	299	4,000	SH		SOLE	0	4,000	0	0
MEDTRONIC PLC	COMMON STOCK	G5960L103	7,968	103,582	SH		SOLE	0	103,582	0	0
MERCK & CO INC(NEW) COM STK USD0.50	COMMON STOCK	58933Y105	4,231	80,100	SH		SOLE	0	80,100	0	0
METLIFE INC COM STK USD0.01	COMMON STOCK	59156R108	2,136	44,304	SH		SOLE	0	44,304	0	0
MICROSOFT CORP COM STK USD0.00000625	COMMON STOCK	594918104	7,973	143,710	SH		SOLE	0	143,710	0	0
MORGAN STANLEY COM STK USD0.01	COMMON STOCK	617446448	954	30,000	SH		SOLE	0	30,000	0	0
MOSAIC CO	COMMON STOCK	61945C103	475	17,200	SH		SOLE	0	17,200	0	0
MPLX LP	COM UNIT REP LTD	55336V100	214	5,450	SH		SOLE	0	5,450	0	0
NEWMONT MINING CORP	COMMON STOCK	651639106	1,079	60,000	SH		SOLE	0	60,000	0	0
NORDSTROM INC	COMMON STOCK	655664100	897	18,000	SH		SOLE	0	18,000	0	0
NOVARTIS AG ADR EACH REPR 1 CHF0.50(REGD)	COMMON STOCK	66987V109	4,453	51,760	SH		SOLE	0	51,760	0	0
ORACLE CORP COM STK USD0.01	COMMON STOCK	68389X105	2,396	65,600	SH		SOLE	0	65,600	0	0
OSHKOSH CORPORATION	COMMON STOCK	688239201	2,464	63,120	SH		SOLE	0	63,120	0	0
PAYPAL HOLDINGS INC	COMMON STOCK	70450Y103	3,450	95,295	SH		SOLE	0	95,295	0	0
PEBBLEBROOK HOTEL TRUST REIT	COMMON STOCK	70509V100	701	2,500	SH		SOLE	0	2,500	0	0
PEPSICO INC CAP STK USD0.0166	COMMON STOCK	713445108	3,777	37,800	SH		SOLE	0	37,800	0	0
PFIZER INC COM STK USD0.05	COMMON STOCK	717081103	3,712	115,000	SH		SOLE	0	115,000	0	0
PHILIP MORRIS INTERNATIONAL INC NPV	COMMON STOCK	718172109	440	5,000	SH		SOLE	0	5,000	0	0
PINNACLE WEST CAPITAL CORP COM STK USD2.50	COMMON STOCK	723484101	3,224	50,000	SH		SOLE	0	50,000	0	0
PIONEER NATURAL RESOURCE	COMMON STOCK	723787907	4,001	31,910	SH		SOLE	0	31,910	0	0
PPL CORP COM STK USD0.01	COMMON STOCK	69351T106	2,389	70,000	SH		SOLE	0	70,000	0	0
PRUDENTIAL FINANCIAL INC COM STK USD0.01	COMMON STOCK	744320102	2,117	26,000	SH		SOLE	0	26,000	0	0
QUALCOMM INC COM STK USD0.0001	COMMON STOCK	747525103	1,750	35,000	SH		SOLE	0	35,000	0	0
QUEST DIAGNOSTICS INC	COMMON STOCK	74834L100	1,067	15,000	SH		SOLE	0	15,000	0	0
ROYAL BANK OF CANADA COMMON STOCK CAD 0	COMMON STOCK	780087102	2,411	45,000	SH		SOLE	0	45,000	0	0
ROYAL DUTCH SHELL ADR EACH REPR 2'A'SHS	COMMON STOCK	780259206	3,433	74,982	SH		SOLE	0	74,982	0	0
SANOFI ADR ECH REP 1/2 ORD EUR2 SPON	COMMON STOCK	80105N105	1,919	45,000	SH		SOLE	0	45,000	0	0
SCHLUMBERGER COM STK USD0.01	COMMON STOCK	806857108	4,382	62,822	SH		SOLE	0	62,822	0	0
SIMON PROPERTY GROUP INC	COMMON STOCK	828806109	4,414	22,700	SH		SOLE	0	22,700	0	0
SPDR S&P 500 ETF TRUST	COMMON STOCK	78462F103	5,097	25,000	SH		SOLE	0	25,000	0	0
STARWOOD HTLS WRLD PAIRED CERT CLASS'B'USD0.01	COMMON STOCK	85590A401	1,386	20,000	SH		SOLE	0	20,000	0	0
STRYKER CORP COM STK USD0.10	COMMON STOCK	863667101	1,171	12,600	SH		SOLE	0	12,600	0	0
TANGER FACTORY OUTLET CENTER	COMMON STOCK	875465106	1,799	55,000	SH		SOLE	0	55,000	0	0
TAUBMAN CENTERS INC	COMMON STOCK	876664103	4,459	58,125	SH		SOLE	0	58,125	0	0
TE CONNECTIVITY	COMMON STOCK	H84989104	1,956	30,280	SH		SOLE	0	30,280	0	0
TELEFONICA SA ADR EACH REPR 1 ORD EUR1	COMMON STOCK	879382208	586	52,940	SH		SOLE	0	52,940	0	0
TIME WARNER INC	COMMON STOCK	887317303	1,841	28,475	SH		SOLE	0	28,475	0	0
TORONTO-DOMINION BANK COM STOCK CAD 0	COMMON STOCK	891160509	2,350	60,000	SH		SOLE	0	60,000	0	0
TOWN SPORTS INTL HLDGS INC	COMMON STOCK	89214A102	48	40,409	SH		SOLE	0	40,409	0	0
TRANSOCEAN LTD CHF15	COMMON STOCK	H8817H100	483	39,000	SH		SOLE	0	39,000	0	0
UNILEVER ADS-EACH REPR 1 ORD(JPM)	COMMON STOCK	904767704	6,468	150,000	SH		SOLE	0	150,000	0	0
UNION PACIFIC CORP	COMMON STOCK	907818108	1,173	15,000	SH		SOLE	0	15,000	0	0
URBAN EDGE PROPERTIES REIT USD 0.01	COMMON STOCK	91704F104	2,462	105,000	SH		SOLE	0	105,000	0	0
VENTAS INC	COMMON STOCK	92276F100	1,129	20,000	SH		SOLE	0	20,000	0	0
VERIZON COMMUNICATIONS INC COM STK USD0.10	COMMON STOCK	92343V104	6,471	140,000	SH		SOLE	0	140,000	0	0
WALGREEN BOOTS ALLIANCE INC	COMMON STOCK	931427108	5,929	69,630	SH		SOLE	0	69,630	0	0
WELLS FARGO & CO COM STK USD1 2/3	COMMON STOCK	949746101	48,707	896,000	SH		SOLE	0	896,000	0	0
WELLTOWER INC	COMMON STOCK	95040Q104	680	10,000	SH		SOLE	0	10,000	0	0
WEYERHAUSER CO	COMMON STOCK	962166104	600	20,000	SH		SOLE	0	20,000	0	0
WHOLE FOODS MARKET INC	COMMON STOCK	966837106	1,340	40,000	SH		SOLE	0	40,000	0	0
WILLIAMS SONOMA INC	COMMON STOCK	969904101	1,240	21,230	SH		SOLE	0	21,230	0	0
WYNN RESORTS LTD COM STK USD0.01	COMMON STOCK	983134107	1,107	16,000	SH		SOLE	0	16,000	0	0