UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 2008
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: Legg Mason, Inc.
Address: 100 Light Street
Baltimore, MD 21202
13F File Number: 28-1700
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: Peter L. Bain
Title: Executive Vice President
Phone: 410-454-3227
Signature, Place, and Date of Signing:
Peter L. Bain Baltimore, MD August 14, 2008
Report Type (Check only one.):
[ ] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ X] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
Form 13F File Number Name
28-3428 Private Capital Management, L.P.
28-3780 Royce & Associates, LLC
28-3658 Barrett Associates, Inc.
28-1801 Bartlett & Co.
28-0377 Batterymarch Financial Management, Inc.
28-2204 Brandywine Global Investment Management, LLC
28-1701 Legg Mason Capital Management, Inc.
28-6397 Legg Mason Investment Counsel & Trust Co, NA
28-6399 LMM, LLC
28-10245 Western Asset Management Company
28-6251 Legg Mason International Equities
28-11345 Legg Mason Investment Counsel, LLC
28-11611 ClearBridge Advisors, LLC
28-4024 Smith Barney Fund Management, LLC
28-2568 ClearBridge Asset Management, Inc.
28-11198 Legg Mason Asset Management (Japan) Co. Ltd
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form13F Information Table Entry Total: 146
Form13F Information Table Value Total: $49,871 (thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional managers with respect to which this report is filed, other
than the manager filing this report.
No. 13F File Number Name
1 28- Miscellaneous
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
ACCENTURE LTD BERMUDA CL A G1150G111 196 4800 SH DEFINED 1 4800 0 0
ACE LTD ORD G0070K103 182 3300 SH DEFINED 1 3300 0 0
AEROPOSTALE COM 007865108 27 850 SH DEFINED 1 850 0 0
AETNA INC NEW COM 00817Y108 260 6400 SH DEFINED 1 6400 0 0
AFLAC INC COM 001055102 382 6070 SH DEFINED 1 6070 0 0
AGCO CORP COM 001084102 79 1500 SH DEFINED 1 1500 0 0
AGRIUM INC COM 008916108 764 7100 SH DEFINED 1 7100 0 0
AK STL HLDG CORP COM 001547108 1100 15940 SH DEFINED 1 15940 0 0
ALLIED WASTE INDS INC COM PAR$.01NEW 019589308 125 9900 SH DEFINED 1 9900 0 0
ALTRIA GROUP INC COM 02209S103 403 19575 SH DEFINED 1 19575 0 0
AMB PROPERTY CORP COM 00163T109 31 600 SH DEFINED 1 600 0 0
AMERICAN INTL GROUP INC COM 026874107 32 1200 SH DEFINED 1 1200 0 0
ANNALY CAP MGMT INC COM 035710409 56 3600 SH DEFINED 1 3600 0 0
APACHE CORP COM 037411105 139 1000 SH DEFINED 1 1000 0 0
ARCH CAP GROUP LTD ORD G0450A105 186 2800 SH DEFINED 1 2800 0 0
ARCHER DANIELS MIDLAND CO COM 039483102 211 6230 SH DEFINED 1 6230 0 0
ASSURANT INC COM 04621X108 944 14300 SH DEFINED 1 14300 0 0
AT&T INC COM 00206R102 1325 39317 SH DEFINED 1 39317 0 0
AUTOLIV INC COM 052800109 28 600 SH DEFINED 1 600 0 0
BALLY TECHNOLOGIES INC COM 05874B107 176 5190 SH DEFINED 1 5190 0 0
BANK HAWAII CORP COM 062540109 293 6110 SH DEFINED 1 6110 0 0
BANK OF AMERICA CORPORATION COM 060505104 245 10250 SH DEFINED 1 10250 0 0
BAXTER INTL INC COM 071813109 52 800 SH DEFINED 1 800 0 0
BECTON DICKINSON & CO COM 075887109 269 3300 SH DEFINED 1 3300 0 0
BIG LOTS INC COM 089302103 246 7870 SH DEFINED 1 7870 0 0
BIOGEN IDEC INC COM 09062X103 400 7150 SH DEFINED 1 7150 0 0
BMC SOFTWARE INC COM 055921100 1247 34635 SH DEFINED 1 34635 0 0
BRINKS CO COM 109696104 190 2900 SH DEFINED 1 2900 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 319 15500 SH DEFINED 1 15500 0 0
BURLINGTON NORTHN SANTA FE C COM 12189T104 180 1800 SH DEFINED 1 1800 0 0
CATERPILLAR INC DEL COM 149123101 480 6500 SH DEFINED 1 6500 0 0
CELANESE CORP DEL COM SER A 150870103 42 900 SH DEFINED 1 900 0 0
CF INDS HLDGS INC COM 125269100 619 4050 SH DEFINED 1 4050 0 0
CHEVRON CORP NEW COM 166764100 1474 14860 SH DEFINED 1 14860 0 0
CHUBB CORP COM 171232101 339 6900 SH DEFINED 1 6900 0 0
CIMAREX ENERGY CO COM 171798101 307 4400 SH DEFINED 1 4400 0 0
CISCO SYS INC COM 17275R102 107 4600 SH DEFINED 1 4600 0 0
CITIGROUP INC COM 172967101 213 12700 SH DEFINED 1 12700 0 0
COCA COLA CO COM 191216100 564 10850 SH DEFINED 1 10850 0 0
COCA COLA ENTERPRISES INC COM 191219104 134 7700 SH DEFINED 1 7700 0 0
CONOCOPHILLIPS COM 20825C104 1168 12364 SH DEFINED 1 12364 0 0
CORN PRODS INTL INC COM 219023108 236 4800 SH DEFINED 1 4800 0 0
CORNING INC COM 219350105 724 31400 SH DEFINED 1 31400 0 0
CSX CORP COM 126408103 402 6400 SH DEFINED 1 6400 0 0
CTRIP COM INTL LTD ADR 22943F100 91 1966 SH DEFINED 1 1966 0 0
CULLEN FROST BANKERS INC COM 229899109 287 5740 SH DEFINED 1 5740 0 0
CUMMINS INC COM 231021106 348 5300 SH DEFINED 1 5300 0 0
CVS CAREMARK CORPORATION COM 126650100 546 13790 SH DEFINED 1 13790 0 0
DAIMLER AG REG SHS D1668R123 281 4550 SH DEFINED 1 4550 0 0
DEERE & CO COM 244199105 556 7700 SH DEFINED 1 7700 0 0
DELL INC COM 24702R101 666 30400 SH DEFINED 1 30400 0 0
DEVON ENERGY CORP NEW COM 25179M103 890 7400 SH DEFINED 1 7400 0 0
DEVRY INC DEL COM 251893103 92 1700 SH DEFINED 1 1700 0 0
DIRECTV GROUP INC COM 25459L106 333 12840 SH DEFINED 1 12840 0 0
DISNEY WALT CO COM DISNEY 254687106 292 9350 SH DEFINED 1 9350 0 0
DOMINION RES INC VA NEW COM 25746U109 43 900 SH DEFINED 1 900 0 0
DONNELLEY R R & SONS CO COM 257867101 131 4400 SH DEFINED 1 4400 0 0
EDISON INTL COM 281020107 283 5500 SH DEFINED 1 5500 0 0
EL PASO CORP COM 28336L109 301 13800 SH DEFINED 1 13800 0 0
EOG RES INC COM 26875P101 40 300 SH DEFINED 1 300 0 0
EXXON MOBIL CORP COM 30231G102 1402 15900 SH DEFINED 1 15900 0 0
FAIRFAX FINL HLDGS LTD SUB VTG 303901102 26 100 SH DEFINED 1 100 0 0
FEDERATED INVS INC PA CL B 314211103 186 5400 SH DEFINED 1 5400 0 0
FLOWSERVE CORP COM 34354P105 493 3600 SH DEFINED 1 3600 0 0
FORDING CDN COAL TR TR UNIT 345425102 77 800 SH DEFINED 1 800 0 0
FREEPORT-MCMORAN COPPER & GO COM 35671D857 106 900 SH DEFINED 1 900 0 0
FRONTLINE LTD SHS G3682E127 335 4800 SH DEFINED 1 4800 0 0
GAMESTOP CORP NEW CL A 36467W109 145 3589 SH DEFINED 1 3589 0 0
GENERAL CABLE CORP DEL NEW COM 369300108 31 500 SH DEFINED 1 500 0 0
GENERAL ELECTRIC CO COM 369604103 303 11335 SH DEFINED 1 11335 0 0
HERBALIFE LTD COM USD SHS G4412G101 126 3240 SH DEFINED 1 3240 0 0
HEWLETT PACKARD CO COM 428236103 1695 38327 SH DEFINED 1 38327 0 0
HUBBELL INC CL B 443510201 112 2800 SH DEFINED 1 2800 0 0
HUMANA INC COM 444859102 108 2700 SH DEFINED 1 2700 0 0
INFOSYS TECHNOLOGIES LTD SPONSORED ADR 456788108 366 8400 SH DEFINED 1 8400 0 0
INTEL CORP COM 458140100 692 32210 SH DEFINED 1 32210 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 1468 12379 SH DEFINED 1 12379 0 0
INVITROGEN CORP COM 46185R100 260 6600 SH DEFINED 1 6600 0 0
JOHNSON & JOHNSON COM 478160104 65 1000 SH DEFINED 1 1000 0 0
JOHNSON CTLS INC COM 478366107 155 5400 SH DEFINED 1 5400 0 0
JONES LANG LASALLE INC COM 48020Q107 103 1700 SH DEFINED 1 1700 0 0
JP MORGAN CHASE & CO COM 46625H100 559 16283 SH DEFINED 1 16283 0 0
KINETIC CONCEPTS INC COM NEW 49460W208 24 600 SH DEFINED 1 600 0 0
KING PHARMACEUTICALS INC COM 495582108 133 12700 SH DEFINED 1 12700 0 0
KROGER CO COM 501044101 330 11400 SH DEFINED 1 11400 0 0
LAUDER ESTEE COS INC CL A 518439104 200 4300 SH DEFINED 1 4300 0 0
LEXMARK INTL NEW CL A 529771107 250 7450 SH DEFINED 1 7450 0 0
LILLY ELI & CO COM 532457108 51 1100 SH DEFINED 1 1100 0 0
LOCKHEED MARTIN CORP COM 539830109 218 2200 SH DEFINED 1 2200 0 0
MANITOWOC INC COM 563571108 391 12000 SH DEFINED 1 12000 0 0
MANPOWER INC COM 56418H100 140 2400 SH DEFINED 1 2400 0 0
MANULIFE FINL CORP COM 56501R106 141 4059 SH DEFINED 1 4059 0 0
MCDONALDS CORP COM 580135101 180 3200 SH DEFINED 1 3200 0 0
MERCK & CO INC COM 589331107 98 2600 SH DEFINED 1 2600 0 0
METLIFE INC COM 59156R108 445 8430 SH DEFINED 1 8430 0 0
MICROSOFT CORP COM 594918104 1114 40490 SH DEFINED 1 40490 0 0
NABORS INDUSTRIES LTD SHS G6359F103 271 5500 SH DEFINED 1 5500 0 0
NIKE INC CL B 654106103 376 6300 SH DEFINED 1 6300 0 0
NOBLE ENERGY INC COM 655044105 342 3400 SH DEFINED 1 3400 0 0
NORTHERN TR CORP COM 665859104 76 1100 SH DEFINED 1 1100 0 0
NOVA CHEMICALS CORP COM 66977W109 102 4100 SH DEFINED 1 4100 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 811 9020 SH DEFINED 1 9020 0 0
OGE ENERGY CORP COM 670837103 241 7600 SH DEFINED 1 7600 0 0
OIL STS INTL INC COM 678026105 261 4100 SH DEFINED 1 4100 0 0
ORACLE CORP COM 68389X105 921 43850 SH DEFINED 1 43850 0 0
OWENS ILL INC COM NEW 690768403 209 5000 SH DEFINED 1 5000 0 0
PARKER HANNIFIN CORP COM 701094104 36 500 SH DEFINED 1 500 0 0
PATTERSON UTI ENERGY INC COM 703481101 282 7800 SH DEFINED 1 7800 0 0
PEPCO HOLDINGS INC COM 713291102 31 1200 SH DEFINED 1 1200 0 0
PEPSI BOTTLING GROUP INC COM 713409100 109 3900 SH DEFINED 1 3900 0 0
PETRO-CDA COM 71644E102 725 13000 SH DEFINED 1 13000 0 0
PFIZER INC COM 717081103 608 34791 SH DEFINED 1 34791 0 0
PHILIP MORRIS INTL INC COM 718172109 445 9000 SH DEFINED 1 9000 0 0
PIONEER NAT RES CO COM 723787107 47 600 SH DEFINED 1 600 0 0
POTASH CORP SASK INC COM 73755L107 480 2100 SH DEFINED 1 2100 0 0
PRICELINE COM INC COM NEW 741503403 532 4600 SH DEFINED 1 4600 0 0
PROCTER & GAMBLE CO COM 742718109 478 7850 SH DEFINED 1 7850 0 0
PUBLIC SVC ENTERPRISE GROUP COM 744573106 212 4600 SH DEFINED 1 4600 0 0
QUALCOMM INC COM 747525103 36 800 SH DEFINED 1 800 0 0
QWEST COMMUNICATIONS INTL IN COM 749121109 113 28500 SH DEFINED 1 28500 0 0
RAYTHEON CO COM NEW 755111507 102 1800 SH DEFINED 1 1800 0 0
RESEARCH IN MOTION LTD COM 760975102 649 5550 SH DEFINED 1 5550 0 0
ROGERS COMMUNICATIONS INC CL B 775109200 348 9000 SH DEFINED 1 9000 0 0
ROYAL BK CDA MONTREAL QUE COM 780087102 449 10030 SH DEFINED 1 10030 0 0
SAFEWAY INC COM NEW 786514208 53 1830 SH DEFINED 1 1830 0 0
SARA LEE CORP COM 803111103 228 18549 SH DEFINED 1 18549 0 0
SCHERING PLOUGH CORP COM 806605101 424 21500 SH DEFINED 1 21500 0 0
SNAP ON INC COM 833034101 37 700 SH DEFINED 1 700 0 0
STEEL DYNAMICS INC COM 858119100 79 2000 SH DEFINED 1 2000 0 0
SYBASE INC COM 871130100 336 11400 SH DEFINED 1 11400 0 0
TD AMERITRADE HLDG CORP COM 87236Y108 219 12100 SH DEFINED 1 12100 0 0
TEREX CORP NEW COM 880779103 309 6000 SH DEFINED 1 6000 0 0
TERRA INDS INC COM 880915103 50 1000 SH DEFINED 1 1000 0 0
TJX COS INC NEW COM 872540109 111 3500 SH DEFINED 1 3500 0 0
TORONTO DOMINION BK ONT COM NEW 891160509 265 4240 SH DEFINED 1 4240 0 0
TRAVELERS COMPANIES INC COM 89417E109 619 14260 SH DEFINED 1 14260 0 0
TUPPERWARE BRANDS CORP COM 899896104 38 1100 SH DEFINED 1 1100 0 0
UNION PAC CORP COM 907818108 31 400 SH DEFINED 1 400 0 0
UNIT CORP COM 909218109 307 3700 SH DEFINED 1 3700 0 0
UNITED TECHNOLOGIES CORP COM 913017109 44 700 SH DEFINED 1 700 0 0
UNUM GROUP COM 91529Y106 547 26700 SH DEFINED 1 26700 0 0
US BANCORP DEL COM NEW 902973304 84 3000 SH DEFINED 1 3000 0 0
WAL MART STORES INC COM 931142103 856 15222 SH DEFINED 1 15222 0 0
WESTERN DIGITAL CORP COM 958102105 790 22850 SH DEFINED 1 22850 0 0
WILLIAMS COS INC DEL COM 969457100 379 9400 SH DEFINED 1 9400 0 0
XEROX CORP COM 984121103 169 12400 SH DEFINED 1 12400 0 0