UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F-HR
FORM 13F-HR COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 2012
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: Brookfield Asset Management Inc.
Address: Brookfield Place
181 Bay Street, Suite 300
Toronto, Ontario M5J 2T3
Form 13F File Number: 028-14349
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: A.J. Silber
Title: Vice President, Legal Affairs
Phone: 416-417-7272
Signature, Place, and Date of Signing:
/s/ A.J. Silber Toronto, CA 11/14/2012
----------------------------- -------------------------- ----------------------
[Signature] [Place] [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 reported are 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: 2
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Form 13F Information Table Entry Total: 161
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Form 13F Information Table Value Total: 8799347
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(thousands)
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.
No. 13F File Number Name
--- --------------- ----
(1) 028-13826 Brookfield Investment Management Inc.
(2) 028-14362 Brookfield Asset Management Private
Institutional Capital Adviser
(Canada) LP
Brookfield Asset Management Inc.
FORM 13F
As of September 30, 2012
Voting Authority
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Value Shares/ Sh/ Put/ Invstmt Other
Name of Issuer Title of class CUSIP (x$1000) Prn Amt Prn Call Dscretn Managers Sole Shared None
-------------- ----------------- --------- -------- --------- --- ---- ------- -------- --------- ------ -------
7 Days Group Holdings Ltd ADR 81783J101 3000 258135 SH Defined (1) 174000 84135
Access Midstream Partners LP U UNIT 00434L109 13654 412134 SH Defined (1) 412134
AK STEEL HOLDING CORP COM 001547108 1440 300000 SH Defined (1) 300000
ALTRIA GROUP INC. COM 02209S103 304 9100 SH Defined (1) 9100
American Tower Corp COM 03027X100 54736 766715 SH Defined (1) 766715
American Water Works Co Inc COM 030420103 14820 399900 SH Defined (1) 399900
AT&T COM 00206R102 645 17100 SH Defined (1) 17100
AV Homes Inc COM 00234P102 7632 514311 SH Defined (1) 121497 392814
B&G FOODS INC COM 05508R106 606 20000 SH Defined (1) 20000
BANK MONTREAL QUE COM 63671101 207 3500 SH Defined 3500
BANK NOVA SCOTIA HALIFAX COM 064149107 192 3500 SH Defined 3500
BANK OF AMERICA CORP COM 060505104 49479 5603500 SH Defined (1) 5603500
BANK OF AMERICA CORP *W EXP 10/28/201 060505153 320 450000 SH Defined (1) 450000
Beazer Homes USA Inc COM 07556Q105 15305 4311327 SH Defined (1) 833700 3477627
Blackstone Group LP COM UNIT LTD 09253U108 8729 611300 SH Defined (1) 115500 495800
Boardwalk Pipeline Partners LP UT LTD PARTNER 096627104 5281 189300 SH Defined (1) 189300
Brandywine Realty Trust SH BEN INT NEW 105368203 17070 1400294 SH Defined (1) 644500 755794
BRE Properties Inc CL A 05564E106 23084 492300 SH Defined (1) 221000 271300
BREITBURN ENERGY PARTNERS LP COM UT LTD PTN 106776107 254 13075 SH Defined (1) 13075
Brookdale Senior Living Inc COM 112463104 51441 2215395 SH Defined (1) 752482 1462913
BROOKDALE SR LIVING INC COM 112463104 1440 62000 SH Defined 62000
Brookfield Canada Office Prope TR UNIT 112823109 1010 34900 SH Defined (1) 34900
BROOKFIELD INFRAST PARTNERS LP INT UNIT 11283W104 1027434 73493112 SH Defined 73493112
BROOKFIELD INFRAST PARTNERS LP
INT UNIT COM G16252101 1739 48930 SH Defined 48930
BROOKFIELD OFFICE PPTYS INC COM 112900105 4129444 249362561 SH Defined 249362561
Brookfield Residential Propert COM 11283W104 872 62345 SH Defined (1) 62345
Camden Property Trust SH BEN INT 133131102 35858 556020 SH Defined (1) 196820 359200
CANADIAN NAT RES LTD COM 136385101 185 6000 SH Defined 6000
CDN IMPERIAL BK OF COMMERCE COM 136069101 180 2300 SH Defined 2300
CenterPoint Energy Inc COM 15189T107 22299 1046905 SH Defined (1) 1046905
CENTURYLINK INC COM 156700106 384 9500 SH Defined (1) 9500
Cheniere Energy, Inc. COM NEW 16411R208 4702 302783 SH Defined (1) 302783
CITIGROUP INC COM NEW 172967424 40931 1250950 SH Defined (1) 1250950
CLIFFS NATURAL RESOURCES COM 18683K101 254 6500 SH Defined (1) 6500
CommonWealth REIT COM 203233101 5384 369800 SH Defined (1) 55000 314800
Commonwealth REIT 6.50% PFD CUM CO 203233408 3518 149700 SH Defined (1) 149700
Consolidated Edison Inc COM 209115104 15998 267131 SH Defined (1) 267131
Consolidated-Tomoka Land Co COM 210226106 814 24738 SH Defined (1) 21267 3471
Corporate Office Properties Tr SH BEN INT NEW 22002T108 21200 884445 SH Defined (1) 257200 627245
Crown Castle International Cor COM 228227104 37142 579446 SH Defined (1) 579446
DDR Corp COM 23317H102 43619 2839811 SH Defined (1) 930675 1909136
DIANA SHIPPING INC COM Y2066G104 323 50000 SH Defined 50000
Douglas Emmett Inc COM 25960P109 15284 662500 SH Defined (1) 301100 361400
DuPont Fabros Technology Inc COM 26613Q106 24481 969534 SH Defined (1) 288500 681034
E-House China Holdings Ltd ADR 26852W103 5965 1393800 SH Defined (1) 394960 998840
Emeritus Corp COM 291005106 4919 234902 SH Defined (1) 50400 184502
Enbridge Energy Management LLC SHS UNITS LLI 29250X103 3233 102102 SH Defined (1) 102102
Enbridge Energy Partners LP COM 29250R106 6165 209400 SH Defined (1) 209400
Enbridge Inc COM 29250N105 48419 1240381 SH Defined (1) 1240381
Energen Corp COM 29265N108 587 11200 SH Defined (1) 11200
Energy Transfer Equity LP COM UT LYD PTN 29273V100 13643 301841 SH Defined (1) 301841
Enterprise Prods Partners LP COM 293792107 16297 304041 SH Defined (1) 304041
Entertainment Properties Trust COM SH BEN INT 29380T105 10543 237300 SH Defined (1) 106400 130900
Entertainment Properties Trust PFD C CONV 5.75% 29380T402 7635 365300 SH Defined (1) 365300
Entertainment Properties Trust CONV PFD 9% SR E 29380T600 7820 266898 SH Defined (1) 266898
EQT Midstream Partners LP UNIT LTD PARTN 26885B100 8836 306800 SH Defined (1) 306800
Equity Lifestyle Properties In COM 29472R108 13243 194400 SH Defined (1) 92600 101800
EV Energy Partners LP COM UNITS 26926V107 844 13593 SH Defined (1) 13593
Exterran Partners LP COM UNITS 30225N105 6981 323800 SH Defined (1) 323800
First Industrial Realty Trust COM 32054K103 6200 471830 SH Defined (1) 471830
FRONTIER COMMUNICATIONS CORP COM 35906A108 471 96075 SH Defined (1) 96075
GENERAL ELECTRIC COMPANY COM 369604103 343 15100 SH Defined (1) 15100
GENERAL GROWTH PPTYS INC NEW COM 370023103 6967271 357662764 SH Defined (2) 357662764
GENERAL MOTORS CO COM 37045V100 16029 704564 SH Defined (1) 704564
GENERAL MOTORS CO *W EXP 07/10/201 37045V118 599 43447 SH Defined (1) 43447
GENERAL MOTORS CO *W EXP 07/10/201 37045V126 359 43447 SH Defined (1) 43447
GENERAL MTRS CO *W EXP 07/10/201 37045V126 496 60000 SH Defined 60000
Gramercy Capital Corp/New York COM 384871109 1400 465148 SH Defined (1) 98600 366548
Health Care REIT Inc COM 42217K106 41035 710567 SH Defined (1) 285366 425201
Hi-Crush Partners LP COM UNIT LTD 428337109 5242 238400 SH Defined (1) 238400
Highwoods Properties Inc COM 431284108 2985 91500 SH Defined (1) 17700 73800
HOWARD HUGHES CORP COM 44267D107 172269 2424618 SH Defined (2) 2424618
Hudson Pacific Properties Inc COM 444097109 5190 280535 SH Defined (1) 7200 273335
HUNTSMAN CORP COM 447011107 2157 144871 SH Defined (1) 144871
Inergy LP UNIT LTD PTNR 456615103 14736 774357 SH Defined (1) 774357
Iron Mountain Inc COM 462846106 31020 909400 SH Defined (1) 315000 594400
IRSA Inversiones y Representac GLOBL DEP RCPT 450047204 477 68300 SH Defined (1) 68300
iShares Inc MSCI France 464286707 229 10900 SH Defined (1) 10900
ISHARES TR S&P 500 INDEX 464287200 2254 15607 SH Defined (1) 15607
ISHARES TR MSCI EMERG MKT 464287234 861 20825 SH Defined (1) 20825
ISHARES TR S&P500 GRW 464287309 939 12059 SH Defined (1) 12059
ISHARES TR S&P 500 VALUE 464287408 599 9103 SH Defined (1) 9103
ISHARES TR MSCI EAFE INDEX 464287465 1253 23640 SH Defined (1) 23640
ISHARES TR S&P MIDCAP 400 464287507 2707 27433 SH Defined (1) 27433
ISHARES TR RUSSELL 1000 464287622 1477 18582 SH Defined (1) 18582
ISHARES TR S&P SMLCP VALU 464287879 1514 19167 SH Defined (1) 19167
ISHARES TR S&P SMLCP GROW 464287887 1605 19199 SH Defined (1) 19199
ISHARES TR MSCI VAL IDX 464288877 213 4699 SH Defined (1) 4699
ISHARES TR MSCI GRW IDX 464288885 228 4037 SH Defined (1) 4037
iStar Financial Inc COM 45031U101 8929 1078400 SH Defined (1) 205500 872900
JP MORGAN CHASE & CO COM 46625H100 29571 730500 SH Defined (1) 730500
JPMORGAN CHASE & CO *W EXP 10/28/201 46634E114 1029 100000 SH Defined (1) 100000
JUST ENERGY GROUP INC COM 48213W101 364 33368 SH Defined 33368
KB Home COM 48666K109 7801 543600 SH Defined (1) 105100 438500
Keyera Corp COM 493271100 15000 309733 SH Defined (1) 309733
Kilroy Realty Corp COM 49427F108 35273 787700 SH Defined (1) 276500 511200
Kinder Morgan Inc COM 49456B101 52468 1477132 SH Defined (1) 1477132
Kinder Morgan Inc *W EXP 05/25/201 49456B119 158 45376 SH Defined (1) 45376
Kinder Morgan Management LLC SHS 49455U100 10156 132934 SH Defined (1) 132934
LAS VEGAS SANDS CORP COM 517834107 176 3800 SH Defined 3800
LEAR CORP COM NEW 521865204 819 21660 SH Defined 21660
Lennar Corp CL A 526057104 2775 79800 SH Defined (1) 79800
Liberty Property Trust SH BEN INT 531172104 35771 987069 SH Defined (1) 345200 641869
LOWES COS INC COM 548661107 1255 41500 SH Defined 41500
Macerich Co/The COM 554382101 916 16000 SH Defined (1) 16000
Magellan Midstream Partners LP COM UNIT RP LP 559080106 6078 69500 SH Defined (1) 69500
Marathon Petroleum Corporation COM 56585A102 1032 18900 SH Defined (1) 18900
Markwest Energy Partners LP UNIT LTD PARTN 570759100 11006 202244 SH Defined (1) 202244
MCDONALDS CORP COM 580135101 321 3500 SH Defined (1) 3500
MGM Resorts International COM 552953101 5378 500300 SH Defined (1) 107100 393200
Mid-America Apartment Communit COM 59522J103 11410 174700 SH Defined (1) 73600 101100
MITEL NETWORKS CORP COM 60671Q104 251 93000 SH Defined (1) 93000
National Grid PLC SPON ADR NEW 636274300 8581 155000 SH Defined (1) 155000
NISKA GAS STORAGE PARTNERS LLC UNIT LTD LIABI 654678101 157 12500 SH Defined (1) 12500
NiSource Inc COM 65473P105 17817 699258 SH Defined (1) 699258
NORTH AMERICAN ENERGY PARTNERS COM 656844107 2032 705698 SH Defined (1) 705698
Northeast Utilities COM 664397106 17399 455116 SH Defined (1) 455116
NorthWestern Corp COM NEW 668074305 4992 137800 SH Defined (1) 137800
Oneok Inc COM 682680103 28724 594583 SH Defined (1) 594583
PAA Natural Gas Storage LP COM UNIT LTD 693139107 3532 177500 SH Defined (1) 177500
Pembina Pipeline Corp COM 706327103 21834 777732 SH Defined (1) 777732
Pennsylvania Real Estate Inves SH BEN INT 709102107 13874 874785 SH Defined (1) 244800 629985
PFIZER INC COM 717081103 328 13200 SH Defined (1) 13200
PG & E Corporation COM 69331C108 37972 889900 SH Defined (1) 889900
Plains All American Pipeline L UNIT LTD PARTN 726503105 11369 128899 SH Defined (1) 128899
ProLogis COM 74340W103 27789 793300 SH Defined (1) 387200 406100
Public Storage COM 74460D109 75681 543802 SH Defined (1) 200134 343668
QEP Resources Inc. COM 74733V100 731 23100 SH Defined (1) 23100
Ramco-Gershenson PPTYS TR PERP PFD-D CV 751452608 2081 40700 SH Defined (1) 40700
Rayonier Inc COM 754907103 38842 792531 SH Defined (1) 284131 508400
ROUSE PPTYS INC COM 779287101 381432 26580603 SH Defined (2) 26580603
ROYAL BK CDA MONTREAL QUE COM 780087102 827 14400 SH Defined 14400
SBA Communications Corp COM 78388J106 22172 352500 SH Defined (1) 352500
Sempra Energy COM 816851109 31026 481093 SH Defined (1) 481093
Simon Property Group Inc COM 828806109 85244 561519 SH Defined (1) 231903 329616
SL Green Realty Corp COM 78440X101 33906 423451 SH Defined (1) 142500 280951
Southwest Gas Corp COM 844895102 14743 333549 SH Defined (1) 333549
Sovran Self Storage Inc COM 84610H108 17390 300600 SH Defined (1) 105300 195300
SPDR S&P 500 ETF TR TR UNIT 78462F103 2484 17252 SH Defined (1) 17252
SPDR S&P MIDCAP 400 ETF TRUST TR UNIT 78467Y107 2814 15640 SH Defined (1) 15640
Spectra Energy Corp COM 847560109 38652 1316485 SH Defined (1) 1316485
Suburban Propane Partners LP UNIT LTD PARTN 864482104 827 19992 SH Defined (1) 19992
SUN LIFE FINANCIAL INC COM 866796105 4361 191100 SH Defined (1) 191100
Sunoco Logistics Partners LP COM UNITS 86764L108 14685 314787 SH Defined (1) 314787
Sunstone Hotel INVS INC NEW CV 8% CUM PFD-D 867892507 209 8100 SH Defined (1) 8100
Targa Resources Partners LP COM UNIT 87611X105 2556 59600 SH Defined (1) 59600
TECK COMINCO LIMITED CL B 878742204 2144 72800 SH Defined (1) 72800
TECUMSEH PRODS CO CL B 878895101 2800 500000 SH Defined 500000
The Williams Companies, Inc. COM 969457100 36204 1035300 SH Defined (1) 1035300
Toll Brothers Inc COM 889478103 6064 182500 SH Defined (1) 40900 141600
TORONTO DOMINION BK ONT COM NEW 891160509 358 4300 SH Defined 4300
TransCanada Corp COM 89353D107 60086 1321080 SH Defined (1) 1321080
TRW AUTOMOTIVE HOLDINGS CORP COM 87264S106 4655 106500 SH Defined (1) 106500
Ventas Inc COM 92276F100 15763 253213 SH Defined (1) 109900 143313
VERIZON COMMUNICATIONS INC COM 92343V104 342 7500 SH Defined (1) 7500
WAUSAU PAPER CORP COM 943315101 7173 774634 SH Defined 774634
Weyerhaeuser Co COM 962166104 21006 803600 SH Defined (1) 301200 502400
WGL Holdings Inc COM 92924F106 6074 150911 SH Defined (1) 150911
Williams Partners LP COM UNIT L P 96950F104 2118 38742 SH Defined (1) 38742
WINDSTREAM CORP COM 97381W104 555 54900 SH Defined (1) 54900
WYNN RESORTS LTD COM 983134107 5853 50700 SH Defined (1) 50700