UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC  20549

FORM 13F

FORM 13F COVER PAGE

Report for the Calender Year of Quarter Ended:  3/31/2013

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:                                    BEL AIR INVESTMENT ADVISORS LLC
Address:                                1999 AVENUE OF THE STARS, SUITE 2800
                                         LOS ANGELES, CA  90067

13F File Number:  028-07472

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:     MATTHEW D. ANHUT
Title:    CHIEF COMPLIANCE OFFICER
Phone:    310-229-1529

Signature, Place and Date of Signing:

MATTHEW D. ANHUT     LOS ANGELES, CA    May 14, 2013

Report Type (Check only one.):

[  X  ]   13 F HOLDINGS REPORT

[     ]   13F NOTICE

[     ]   13F COMBINATION REPORT

List of Other Managers Reporting for this Manager:

Number    Form 13F File Number                   Name

  1      28- ____________

I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934


FORM 13F SUMMARY PAGE

Report Summary:

Number of Other Included Managers:               NONE

Form 13F Information Table Entry Total:             112

Form 13F Information Table Value Total (x$1000):          665,177

List of Other Included Managers:        No.   13F File No Name



                                                                                     
                                              FORM 13F INFORMATION TABLE
                                        TITLE             VALUE     SHRS OR  SH/ PUT/ INVTMNT OTHER
NAME OF ISSUER                          OF CLA   CUSIP    (x$1000)  PRIN AMT PRN CALL   DISC  MGRS  SHARED  NONE
3M COMPANY                              COM   88579y101        1355     12748 SH        SOLE                  12748
ABBOTT LABORATORIES                     COM   002824100         620     17567 SH        SOLE                  17567
ABBVIE INC                              COM   00287y109         710     17422 SH        SOLE                  17422
ACCENTURE PLC IRELAND SHS CL A          COM   g1151c101        1233     16225 SH        SOLE                  16225
AIR PRODUCTS & CHEMICALS INC            COM   009158106         210      2411 SH        SOLE                   2411
ALTRIA GROUP INC                        COM   02209s103         200      5830 SH        SOLE                   5830
AMERICAN EXPRESS COMPANY                COM   025816109       25709    381106 SH        SOLE                 381106
AMGEN INC                               COM   031162100       25511    248860 SH        SOLE                 248860
APPLE INC                               COM   037833100       30932     69877 SH        SOLE                  69877
AT&T INC                                COM   00206r102        1412     38488 SH        SOLE                  38488
AUTOMATIC DATA PROCESSING INC           COM   053015103         692     10646 SH        SOLE                  10646
BARCLAYS BK PLC IPATH DOW JONES-UBS COMMETF   06738c778         795     19573 SH        SOLE                  19573
BARRICK GOLD CORP                       COM   067901108         923     31440 SH        SOLE                  31440
BERKSHIRE HATHAWAY INC DEL CL B NEW     COM   084670702         564      5415 SH        SOLE                   5415
BOEING CO                               COM   097023105        1324     15428 SH        SOLE                  15428
BP P L C SPONSORED ADR (FRM BP AMOCO PLCCOM   055622104         356      8400 SH        SOLE                   8400
BREITBURN ENERGY PARTNERS L P COM UNIT LCOM   106776107         489     24388 SH        SOLE                  24388
CAMPBELL SOUP CO                        COM   134429109       19719    434715 SH        SOLE                 434715
CHEVRON CORPORATION                     COM   166764100         315      2652 SH        SOLE                   2652
COCA COLA COMPANY (THE)                 COM   191216100       25280    625129 SH        SOLE                 625129
COLGATE PALMOLIVE COMPANY               COM   194162103        1999     16940 SH        SOLE                  16940
COLONY FINANCIAL INC                    COM   19624r106       11867    534561 SH        SOLE                 534561
CONOCOPHILLIPS                          COM   20825c104         582      9679 SH        SOLE                   9679
COPANO ENERGY LLC COM UNITS             COM   217202100        1627     40162 SH        SOLE                  40162
COVIDIEN PLC                            COM   g2554f113       13573    200076 SH        SOLE                 200076
CRESTWOOD MIDSTREAM PARTNERS LP         COM   226372100         390     16342 SH        SOLE                  16342
DEERE & CO                              COM   244199105         430      5000 SH        SOLE                   5000
DIRECTV COM                             COM   25490a309         411      7257 SH        SOLE                   7257
DIREXION SHS ETF TR DAILY GOLD MINERS BUETF   25459y496         281     50000 SH        SOLE                  50000
DISCOVERY COMMUNICATIONS INC COM SER C  COM   25470f302       13844    199073 SH        SOLE                 199073
EATON VANCE CORP-NON VTG                COM   278265103         746     17825 SH        SOLE                  17825
ECOLAB INC                              COM   278865100        1161     14478 SH        SOLE                  14478
EMC CORP-MASS                           COM   268648102       11047    462401 SH        SOLE                 462401
ENERGY TRANSFER EQUITY L P COM UNIT LTD ETF   29273v100        3385     57886 SH        SOLE                  57886
ENERGY TRANSFER PARTNERS L P UNIT LTD PAETF   29273r109         470      9279 SH        SOLE                   9279
ENTERPRISE PRODUCTS PARTNERS LP         COM   293792107        4150     68828 SH        SOLE                  68828
ETFS PRECIOUS METALS BASKET TR          ETF   26922w109         608      6850 SH        SOLE                   6850
ETFS SILVER TR SILVER SHS               ETF   26922x107         274      9780 SH        SOLE                   9780
EXXON MOBIL CORP                        COM   30231g102       23451    260248 SH        SOLE                 260248
FMC TECHNOLOGIES INC                    COM   30249u101         595     10945 SH        SOLE                  10945
FORD MOTOR CO PAR $0.01                 COM   345370860         775     58950 SH        SOLE                  58950
GENERAL ELECTRIC CO                     COM   369604103       18025    779637 SH        SOLE                 779637
GENERAL MILLS INC                       COM   370334104       26244    532218 SH        SOLE                 532218
GLAXOSMITHKLINE PLC SPONSORED ADR(FRM GLCOM   37733w105        1026     21875 SH        SOLE                  21875
H J HEINZ CO                            COM   423074103         259      3590 SH        SOLE                   3590
HECKMANN CORPORATION                    COM   422680108         215     50000 SH        SOLE                  50000
INTEL CORP                              COM   458140100         388     17780 SH        SOLE                  17780
INTERNATIONAL BUSINESS MACHINES CORP    COM   459200101        2300     10785 SH        SOLE                  10785
ISHARES CORE S&P 500 ETF                ETF   464287200        5135     32631 SH        SOLE                  32631
ISHARES GOLD TRUST                      ETF   464285105         586     37750 SH        SOLE                  37750
ISHARES MSCI EAFE INDEX FUND            ETF   464287465         685     11614 SH        SOLE                  11614
ISHARES RUSSELL 1000 VALUE INDEX FUND   ETF   464287598         477      5880 SH        SOLE                   5880
ISHARES S&P NORTH AMERICAN NATURAL RESOUETF   464287374        1556     38347 SH        SOLE                  38347
ISHARES SILVER TR ISHARES               ETF   46428q109         756     27543 SH        SOLE                  27543
ISHARES TRUST FTSE ISHARES KLD 400 SOCIAETF   464288570         448      7710 SH        SOLE                   7710
ISHARES TRUST MSCI EMERGING MARKETS INDEETF   464287234         887     20735 SH        SOLE                  20735
ISHARES TRUST S&P 100 INDEX FUND        ETF   464287101         532      7560 SH        SOLE                   7560
JARDEN CORPORATION                      COM   471109108        1009     23538 SH        SOLE                  23538
JOHNSON & JOHNSON                       COM   478160104       26919    330176 SH        SOLE                 330176
JPMORGAN CHASE & CO                     COM   46625h100       19582    412599 SH        SOLE                 412599
KAYNE ANDERSON MIDSTREAM ENERGY FD INC  COM   48661e108         262      7900 SH        SOLE                   7900
KELLOGG CO                              COM   487836108         278      4321 SH        SOLE                   4321
KINDER MORGAN ENERGY PARTNERS LP-UNITS LCOM   494550106        1350     15042 SH        SOLE                  15042
KINDER MORGAN MANAGEMENT LLC            COM   49455u100         675      7684 SH        SOLE                   7684
LINN ENERGY LLC UNIT REPSTG LTD LIABILITCOM   536020100         439     11574 SH        SOLE                  11574
LOEWS CORPORATION                       COM   540424108         276      6260 SH        SOLE                   6260
MAGELLAN MIDSTREAM PARTNERS LP UNIT REPSCOM   559080106        2606     48772 SH        SOLE                  48772
MARKET VECTORS AGRIBUSINESS ETF         ETF   57060u605        2068     38194 SH        SOLE                  38194
MARKET VECTORS ETF TRUST GOLD MINERS ETFETF   57060u100         435     11485 SH        SOLE                  11485
MARKWEST ENERGY PARTNERS L P UNIT LTD PACOM   570759100         560      9213 SH        SOLE                   9213
MCDONALDS CORP                          COM   580135101       20391    204543 SH        SOLE                 204543
MCKESSON CORP                           COM   58155q103       11151    103284 SH        SOLE                 103284
MEDTRONIC INC                           COM   585055106         228      4845 SH        SOLE                   4845
MERCK & CO INC                          COM   58933y105       24858    562389 SH        SOLE                 562389
MICROSOFT CORP                          COM   594918104       27196    950744 SH        SOLE                 950744
MONSANTO CO NEW                         COM   61166w101       13063    123667 SH        SOLE                 123667
MOTOROLA SOLUTIONS INC                  COM   620076307       20434    319130 SH        SOLE                 319130
NEWMONT MINING CORP HOLDING CO          COM   651639106         350      8345 SH        SOLE                   8345
NIKE INC-CL B                           COM   654106103        1111     18819 SH        SOLE                  18819
OCCIDENTAL PETE CORP                    COM   674599105       16932    216055 SH        SOLE                 216055
PEPSICO INC                             COM   713448108        1207     15257 SH        SOLE                  15257
PHILLIPS 66 COM                         COM   718546104         243      3477 SH        SOLE                   3477
PIEDMONT OFFICE RLTY TR INC COM CL A    COM   720190206         782     39918 SH        SOLE                  39918
PLAINS ALL AMERICAN PIPELINE L P UNIT LTCOM   726503105        2045     36202 SH        SOLE                  36202
POWERSHARES DB COMMODITY INDEX TRACKING ETF   73935s105         981     35920 SH        SOLE                  35920
POWERSHARES DB MULTI-SECTOR COMDTY TR AGETF   73936b408         375     14475 SH        SOLE                  14475
PROCTER & GAMBLE CO                     COM   742718109       31046    402884 SH        SOLE                 402884
PROGRESSIVE CORP-OHIO                   COM   743315103        1020     40370 SH        SOLE                  40370
QUALCOMM INC                            COM   747525103       21692    324057 SH        SOLE                 324057
RAYONIER INC REIT                       COM   754907103         716     12006 SH        SOLE                  12006
ROYAL DUTCH SHELL PLC SPONSORED ADR REPSCOM   780259206         349      5356 SH        SOLE                   5356
SANDRIDGE ENERGY INC                    COM   80007p307         211     40000 SH        SOLE                  40000
SAP AG SPONSORED ADR                    COM   803054204       20741    257528 SH        SOLE                 257528
SCHLUMBERGER LTD                        COM   806857108        1732     23124 SH        SOLE                  23124
SKECHERS USA INC CL A                   COM   830566105        1308     61840 SH        SOLE                  61840
SPDR GOLD TR GOLD SHS                   ETF   78463v107       27448    177694 SH        SOLE                 177694
SPDR S&P 500 ETF TR UNIT SER I S&P DEPOSETF   78462f103        3720     23744 SH        SOLE                  23744
STARBUCKS CORP                          COM   855244109         638     11200 SH        SOLE                  11200
STRYKER CORP                            COM   863667101        1120     17160 SH        SOLE                  17160
TARGA RESOURCES PARTNERS LP UNIT LTD PARCOM   87611x105         569     12370 SH        SOLE                  12370
TARGET CORP                             COM   87612e106         406      5932 SH        SOLE                   5932
TESORO CORPORATION                      COM   881609101        1485     25359 SH        SOLE                  25359
TEVA PHARMACEUTICAL INDUSTRIES LIMITED ACOM   881624209         245      6184 SH        SOLE                   6184
THE TRAVELERS COMPANIES INC             COM   89417e109         365      4340 SH        SOLE                   4340
UNITED PARCEL SVC INC CL B              COM   911312106       17878    208128 SH        SOLE                 208128
UNITED TECHNOLOGIES CORP                COM   913017109       19250    206038 SH        SOLE                 206038
US BANCORP DEL COM NEW                  COM   902973304        1568     46215 SH        SOLE                  46215
VANGUARD FTSE EMERGING MARKETS ETF      ETF   922042858         543     12650 SH        SOLE                  12650
VANGUARD SPECIALIZED FUNDS VANGUARD DIVIETF   921908844         825     12555 SH        SOLE                  12555
WAL-MART STORES INC                     COM   931142103         650      8684 SH        SOLE                   8684
WALT DISNEY CO                          COM   254687106       21899    385543 SH        SOLE                 385543
WILLIAMS PARTNERS L P COM UNIT LTD PARTNCOM   96950f104         411      7944 SH        SOLE                   7944