0000765443-11-000003.txt : 20110502 0000765443-11-000003.hdr.sgml : 20110502 20110502121828 ACCESSION NUMBER: 0000765443-11-000003 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110331 FILED AS OF DATE: 20110502 DATE AS OF CHANGE: 20110502 EFFECTIVENESS DATE: 20110502 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DUFF & PHELPS INVESTMENT MANAGEMENT CO CENTRAL INDEX KEY: 0000765443 IRS NUMBER: 363027981 STATE OF INCORPORATION: IL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-01420 FILM NUMBER: 11799102 BUSINESS ADDRESS: STREET 1: 200 SOUTH WACKER DRIVE STREET 2: SUITE 500 CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 3122632610 MAIL ADDRESS: STREET 1: 200 SOUTH WACKER DRIVE STREET 2: SUITE 500 CITY: CHICAGO STATE: IL ZIP: 60606 13F-HR 1 r20110331.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 13F FORM 13F COVER PAGE Report for the Calender Year of Quarter Ended: 3/31/2011 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: Duff & Phelps Invesment Address: 200 S. Wacker Dr. Suite 500 Chicago, IL 60606 13F File Number: 28-1420 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 Joyce Riegel Title Compliance Officer Phone 312-917-6541 Signature, Place, and Date of Signing: _/s/_Joyce_Riegel_ in Chicago, IL on 5/2/2011 Report Type (Check only one.): [X ] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: 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: 0 Form 13F Information Table Entry Total: 198 Form 13F Information Table Value Total (x 1000): 3,811,254 List of Other Included Managers: Provide a numbered list of the name(s) and 13F file number(s) of all institutional investment managers with respect to wich this report is filled, other than the manager filing this report. NONE FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP NO (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- --------- ------- ------- -------- 3M Co Common Stock 88579Y101 1567 16755 SH SOLE 16755 Abbott Laboratories Common Stock 002824100 1789 36470 SH SOLE 36470 AGL Resources Inc Common Stock 001204106 19920 500000 SH SOLE 500000 Alcoa Inc Common Stock 013817101 441 24990 SH SOLE 24990 Alexandria R E Equities Inc REIT 015271109 22231 285120 SH SOLE 283666 1454 Alliant Energy Corp Common Stock 018802108 58395 1500000 SH SOLE 1500000 Allstate Corp Common Stock 020002101 396 12470 SH SOLE 12470 Altria Group Inc Common Stock 02209S103 1282 49250 SH SOLE 49250 Amazon.Com Inc Common Stock 023135106 1518 8430 SH SOLE 8430 AMB Property Corp REIT 00163T109 29175 811097 SH SOLE 807067 4030 American Campus Communities REIT 024835100 4341 131547 SH SOLE 130865 682 American Express Co Common Stock 025816109 4128 91335 SH SOLE 91335 American Tower Corp Common Stock 029912201 1650 31840 SH SOLE 31840 American Water Works Co Common Stock 030420103 14025 500000 SH SOLE 500000 Amgen Inc Common Stock 031162100 1174 21960 SH SOLE 21960 Apache Corp Common Stock 037411105 1068 8155 SH SOLE 8155 Apartment Investment & Mgt REIT 03748R101 29269 1149162 SH SOLE 1143355 5807 Apple Computer Inc Common Stock 037833100 7568 21720 SH SOLE 21720 AT & T Inc. Common Stock 00206R102 86451 2825212 SH SOLE 2825212 Atmos Energy Corp Common Stock 049560105 34100 1000000 SH SOLE 1000000 Automatic Data Processing Common Stock 053015103 3626 70673 SH SOLE 70673 Avalonbay Communities Inc REIT 053484101 59379 494498 SH SOLE 492011 2487 Avon Products Common Stock 054303102 2562 94759 SH SOLE 94759 Baker Hughes Inc Common Stock 057224107 751 10230 SH SOLE 10230 Bank of America Corp Common Stock 060505104 4909 368290 SH SOLE 368290 Bank of New York Mellon Corp Common Stock 064058100 2872 96156 SH SOLE 96156 Baxter International Inc Common Stock 071813109 732 13615 SH SOLE 13615 Berkshire Hathaway Common Stock 084670702 3409 40768 SH SOLE 40768 Biomed Realty Trust Inc REIT 09063H107 25952 1364481 SH SOLE 1357592 6889 Boeing Co Common Stock 097023105 1286 17390 SH SOLE 17390 Boston Properties Inc REIT 101121101 71949 758552 SH SOLE 754804 3748 BRE Properties REIT 05564E106 22151 469492 SH SOLE 467122 2370 Bristol-Myers Squibb Co Common Stock 110122108 1059 40065 SH SOLE 40065 Campus Crest Communities REIT 13466Y105 6031 509815 SH SOLE 507711 2104 Capital One Financial Co Common Stock 14040H105 3833 73770 SH SOLE 73770 Caterpillar Inc Common Stock 149123101 6219 55855 SH SOLE 55855 Centerpoint Energy Inc Common Stock 15189T107 54732 3116870 SH SOLE 3116870 CenturyLink Inc Common Stock 156700106 49860 1200000 SH SOLE 1200000 Chevron Corp Common Stock 166764100 8902 82860 SH SOLE 82860 Cisco Systems Inc Common Stock 17275R102 4552 265430 SH SOLE 265430 Citigroup Inc Common Stock 172967101 3023 683940 SH SOLE 683940 CMS Energy Corp Common Stock 125896100 49938 2542650 SH SOLE 2542650 Coca-Cola Co Common Stock 191216100 3584 54015 SH SOLE 54015 Colgate-Palmolive Co Common Stock 194162103 936 11585 SH SOLE 11585 Comcast Corp Common Stock 20030N101 1616 65355 SH SOLE 65355 Conocophillips Common Stock 20825C104 7456 93366 SH SOLE 93366 Corp Office Pptys Tr Inc REIT 22002T108 19133 529405 SH SOLE 526683 2722 Costco Wholesale Corp Common Stock 22160K105 762 10395 SH SOLE 10395 Crown Castle Intl Corp Common Stock 228227104 1433 33680 SH SOLE 33680 CVS Caremark Corp Common Stock 126650100 1105 32200 SH SOLE 32200 Dell Inc Common Stock 24702R101 573 39520 SH SOLE 39520 Developers Diversified Rlty REIT 251591103 19330 1380732 SH SOLE 1373793 6939 Devon Energy Corporation Common Stock 25179M103 922 10050 SH SOLE 10050 Digital Realty Trust Inc REIT 253868103 37526 645443 SH SOLE 642286 3157 Dominion Resources Inc Common Stock 25746U109 62985 1409050 SH SOLE 1409050 DOW Chemical Co Common Stock 260543103 1040 27550 SH SOLE 27550 DPL Inc Common Stock 233293109 30151 1100000 SH SOLE 1100000 DTE Energy Co Common Stock 233331107 609 12440 SH SOLE 12440 DU Pont [E I] De Nemours Common Stock 263534109 3648 66365 SH SOLE 66365 Duke Realty Corp REIT 264411505 23591 1683887 SH SOLE 1675130 8757 EMC Corp Common Stock 268648102 1293 48700 SH SOLE 48700 Emerson Electric Co Common Stock 291011104 5900 100970 SH SOLE 100970 Enbridge Inc Foreign Common 29250N105 53812 875700 SH SOLE 875700 Entergy Corp Common Stock 29364G103 58191 865805 SH SOLE 865805 Equity Lifestyle Properties REIT 29472R108 19472 337762 SH SOLE 336029 1733 Equity Residential REIT 29476L107 108731 1927507 SH SOLE 1917792 9715 Essex Property Trust REIT 297178105 10517 84811 SH SOLE 84357 454 Exelon Corp Common Stock 30161N101 264 6410 SH SOLE 6410 Extra Space Storage Inc REIT 30225T102 34604 1670898 SH SOLE 1662501 8397 Exxon Mobil Corp Common Stock 30231G102 13821 164285 SH SOLE 164285 Federal Realty Invs Trust REIT 313747206 2693 33024 SH SOLE 32865 159 Fedex Corp Common Stock 31428X106 697 7450 SH SOLE 7450 Firstenergy Corp Common Stock 337932107 43952 1185000 SH SOLE 1185000 Ford Motor Co Common Stock 345370860 1324 88780 SH SOLE 88780 France Telecom ADRs 35177Q105 700 31100 SH SOLE 31100 Freeprt McMoran Cop and Gld Common Stock 35671D857 1247 22440 SH SOLE 22440 Frontier Communications Corp Common Stock 35906A108 29612 3602391 SH SOLE 3602391 General Dynamics Corp Common Stock 369550108 674 8805 SH SOLE 8805 General Electric Co Common Stock 369604103 7364 367268 SH SOLE 367268 General Growth Pptys Inc REIT 370023103 22580 1458678 SH SOLE 1451151 7527 Gilead Sciences Inc Common Stock 375558103 794 18710 SH SOLE 18710 Goldman Sachs Group Inc Common Stock 38141G104 1932 12190 SH SOLE 12190 Google Inc Common Stock 38259P508 3438 5865 SH SOLE 5865 Great Plains Energy Inc Common Stock 391164100 10010 500000 SH SOLE 500000 Halliburton Co Common Stock 406216101 6149 123375 SH SOLE 123375 HCP Inc REIT 40414L109 43812 1154760 SH SOLE 1148894 5866 Health Care Reit Inc REIT 42217K106 28424 542031 SH SOLE 539298 2733 Heinz [H J] Co Common Stock 423074103 369 7550 SH SOLE 7550 Hewlett-Packard Co Common Stock 428236103 2096 51155 SH SOLE 51155 Home Depot Inc Common Stock 437076102 1430 38575 SH SOLE 38575 Honeywell International Inc Common Stock 438516106 1103 18470 SH SOLE 18470 Host Hotels & Resorts Inc REIT 44107P104 69404 3941157 SH SOLE 3921440 19717 Illinois Tool Works Common Stock 452308109 3037 56540 SH SOLE 56540 Intel Corp Common Stock 458140100 5657 280480 SH SOLE 280480 Intl Business Machines Corp Common Stock 459200101 10400 63775 SH SOLE 63775 Intl Flavors & Fragrances Common Stock 459506101 4594 73745 SH SOLE 73745 iShares Exchange Traded 464287465 15200 252950 SH SOLE 252950 iShares Exchange Traded 464287606 4836 43820 SH SOLE 43820 iShares Exchange Traded 464287630 8765 116280 SH SOLE 116280 iShares Exchange Traded 464287648 4778 50120 SH SOLE 50120 iShares Exchange Traded 464287705 8769 101730 SH SOLE 101730 ITC Holdings Corp Common Stock 465685105 1028 14710 SH SOLE 14710 J P Morgan Chase & Co Common Stock 46625H100 9087 197115 SH SOLE 197115 Johnson & Johnson Common Stock 478160104 6620 111730 SH SOLE 111730 Johnson Controls Inc Common Stock 478366107 2334 56145 SH SOLE 56145 Kilroy Realty Corp REIT 49427F108 41678 1073336 SH SOLE 1067946 5390 Kimberly-Clark Corp Common Stock 494368103 2588 39650 SH SOLE 39650 Kimco Realty Corp REIT 49446R109 57375 3128434 SH SOLE 3112676 15758 Kraft Foods Inc Common Stock 50075N104 1291 41165 SH SOLE 41165 Lasalle Hotel Properties REIT 517942108 24224 897187 SH SOLE 892633 4554 Liberty Property Trust REIT 531172104 24085 732065 SH SOLE 728335 3730 Lilly [Eli] & Co Common Stock 532457108 1879 53420 SH SOLE 53420 Lockheed Martin Corp Common Stock 539830109 541 6735 SH SOLE 6735 Lowe's Companies Inc Common Stock 548661107 859 32490 SH SOLE 32490 Macerich Co REIT 554382101 44069 889743 SH SOLE 885293 4450 Mack-Cali Realty Corp REIT 554489104 18423 543457 SH SOLE 540640 2817 MasterCard Inc Common Stock 57636Q104 4184 16620 SH SOLE 16620 McDonald's Corp Common Stock 580135101 5333 70090 SH SOLE 70090 Medtronic Inc Common Stock 585055106 2706 68775 SH SOLE 68775 Merck & Co Inc. Common Stock 58933Y105 5312 160913 SH SOLE 160913 Metlife Inc Common Stock 59156R108 1109 24800 SH SOLE 24800 Microsoft Corp Common Stock 594918104 7314 288408 SH SOLE 288408 Monsanto Co Common Stock 61166W101 911 12610 SH SOLE 12610 Morgan Stanley Common Stock 617446448 991 36270 SH SOLE 36270 National Grid Plc ADRs 636274300 9064 188673 SH SOLE 188673 National Oilwell Varco Inc Common Stock 637071101 786 9915 SH SOLE 9915 Nationwide Health Pptys REIT 638620104 44414 1044296 SH SOLE 1039016 5280 News Corp Cl A Common Stock 65248E104 944 53760 SH SOLE 53760 NextEra Energy Inc Common Stock 65339F101 84066 1525140 SH SOLE 1525140 Nike Inc Common Stock 654106103 690 9115 SH SOLE 9115 Nippon Telegraph & Telephone ADRs 654624105 681 30280 SH SOLE 30280 Norfolk Southern Corp Common Stock 655844108 580 8370 SH SOLE 8370 Northeast Utilities Common Stock 664397106 69865 2019210 SH SOLE 2019210 Northwest Natural Gas Co Common Stock 667655104 37553 814070 SH SOLE 814070 NStar Common Stock 67019E107 57245 1237200 SH SOLE 1237200 NV Energy Inc Common Stock 67073Y106 45383 3047880 SH SOLE 3047880 Occidental Petroleum Corp Common Stock 674599105 2000 19145 SH SOLE 19145 Omnicom Group Common Stock 681919106 4048 82510 SH SOLE 82510 Oneok Inc Common Stock 682680103 54327 812310 SH SOLE 812310 Oracle Corp Common Stock 68389X105 3056 91570 SH SOLE 91570 Pepco Holdings Inc Common Stock 713291102 37300 2000000 SH SOLE 2000000 Pepsico Inc Common Stock 713448108 5101 79190 SH SOLE 79190 Pfizer Inc Common Stock 717081103 6579 323923 SH SOLE 323923 Philip Morris International Common Stock 718172109 2776 42295 SH SOLE 42295 Piedmont Natural Gas Co Common Stock 720186105 30350 1000000 SH SOLE 1000000 Pinnacle West Capital Corp Common Stock 723484101 64185 1500000 SH SOLE 1500000 Procter & Gamble Co Common Stock 742718109 4062 65940 SH SOLE 65940 Progress Energy Inc Common Stock 743263105 59830 1296700 SH SOLE 1296700 Prologis REIT 743410102 57210 3580077 SH SOLE 3562047 18030 Public Service Entrp Grp Inc Common Stock 744573106 57574 1827170 SH SOLE 1827170 Public Storage REIT 74460D109 70292 633775 SH SOLE 630640 3135 Qualcomm Inc Common Stock 747525103 2117 38605 SH SOLE 38605 Questar Corp Common Stock 748356102 17852 1023050 SH SOLE 1023050 Raytheon Co Common Stock 755111507 433 8520 SH SOLE 8520 Regency Centers Corp REIT 758849103 29449 677294 SH SOLE 673874 3420 Schlumberger Ltd Common Stock 806857108 2985 32010 SH SOLE 32010 Sempra Energy Common Stock 816851109 54678 1022010 SH SOLE 1022010 Simon Property Group Inc REIT 828806109 158696 1480923 SH SOLE 1473547 7376 SL Green Realty Corp REIT 78440X101 36955 491424 SH SOLE 488992 2432 Southern Co Common Stock 842587107 58375 1531760 SH SOLE 1531760 Spectra Energy Corp Common Stock 847560109 44771 1647220 SH SOLE 1647220 Sprint Nextel Corp Common Stock 852061100 327 70430 SH SOLE 70430 Starwood Hotels & Resorts Wrld REIT 85590A401 12696 218445 SH SOLE 217315 1130 Target Corp Common Stock 87612E106 834 16675 SH SOLE 16675 Taubman Centers Inc REIT 876664103 20932 390663 SH SOLE 388693 1970 TECO Energy Inc Common Stock 872375100 56280 3000000 SH SOLE 3000000 Telefonica SA ADRs 879382208 1889 74920 SH SOLE 74920 Texas Instruments Inc Common Stock 882508104 953 27585 SH SOLE 27585 Time Warner Inc Common Stock 887317303 918 25719 SH SOLE 25719 TJX Companies Inc Common Stock 872540109 2344 47125 SH SOLE 47125 Transcanada Corp Foreign Common 89353D107 44063 1087180 SH SOLE 1087180 U S Bancorp Common Stock 902973304 1195 45232 SH SOLE 45232 UDR Inc REIT 902653104 26360 1081673 SH SOLE 1076289 5384 Union Pacific Corp Common Stock 907818108 1070 10880 SH SOLE 10880 United Parcel Service Common Stock 911312106 1726 23225 SH SOLE 23225 United Technologies Corp Common Stock 913017109 1834 21670 SH SOLE 21670 UnitedHealth Group Inc Common Stock 91324P102 1164 25755 SH SOLE 25755 Vanguard Exchange Traded 922042858 4216 86180 SH SOLE 86180 Vectren Corp Common Stock 92240G101 40800 1500000 SH SOLE 1500000 Ventas Inc REIT 92276F100 33947 625174 SH SOLE 621982 3192 Verizon Communications Inc Common Stock 92343V104 89932 2333468 SH SOLE 2333468 Visa Inc Common Stock 92826C839 795 10795 SH SOLE 10795 Vodafone Group PLC ADRs 92857W209 35806 1245410 SH SOLE 1245410 Vornado Realty Trust REIT 929042109 77834 889528 SH SOLE 885081 4447 Wal-Mart Stores Common Stock 931142103 4514 86715 SH SOLE 86715 Walgreen Co Common Stock 931422109 3850 95920 SH SOLE 95920 Walt Disney Co Common Stock 254687106 1927 44720 SH SOLE 44720 Weingarten Realty Invst REIT 948741103 29447 1175054 SH SOLE 1169099 5955 Wellpoint Inc Common Stock 94973V107 3187 45660 SH SOLE 45660 Wells Fargo & Co Common Stock 949746101 4925 155349 SH SOLE 155349 Westar Energy Inc Common Stock 95709T100 46235 1750000 SH SOLE 1750000 Weyerhaeuser Co Common Stock 962166104 311 12638 SH SOLE 12638 WGL Holdings Inc Common Stock 92924F106 39000 1000000 SH SOLE 1000000 Williams Cos Inc Common Stock 969457100 4764 152800 SH SOLE 152800 Windstream Corp Common Stock 97381W104 41364 3214000 SH SOLE 3214000 Wisconsin Energy Corp Common Stock 976657106 43741 1434120 SH SOLE 1434120 XCEL Energy Inc Common Stock 98389B100 72448 3032550 SH SOLE 3032550 Xerox Corp Common Stock 984121103 353 33130 SH SOLE 33130