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, 2010
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 International Drive
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: Joseph Sullivan
Title: Chief Administrative Officer
Phone: 410-454-4988
Signature, Place, and Date of Signing:
Joseph Sullivan Baltimore, MD August 16, 2010
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
28-2568 ClearBridge Asset Management, Inc.
28-11198 Legg Mason Asset Management (Japan) Co. Ltd
28-13247 Global Currents Investment Management, LLC
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form13F Information Table Entry Total: 195
Form13F Information Table Value Total: $140,271 (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
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
3M CO COM 88579Y101 32 400 SH DEFINED 1 400 0 0
ABBOTT LABS COM 002824100 212 4500 SH DEFINED 1 4500 0 0
AEROPOSTALE COM 007865108 267 9300 SH DEFINED 1 9300 0 0
AETNA INC NEW COM 00817Y108 95 3600 SH DEFINED 1 3600 0 0
AFLAC INC COM 001055102 278 6500 SH DEFINED 1 6500 0 0
AGRIUM INC COM 008916108 304 6200 SH DEFINED 1 6200 0 0
AK STL HLDG CORP COM 001547108 7 510 SH DEFINED 1 510 0 0
ALCOA INC COM 013817101 286 28400 SH DEFINED 1 28400 0 0
ALTRIA GROUP INC COM 02209S103 259 12920 SH DEFINED 1 12920 0 0
AMERICAN EXPRESS CO COM 025816109 32 800 SH DEFINED 1 800 0 0
AMERICREDIT CORP COM 03060R101 2 90 SH DEFINED 1 90 0 0
AMGEN INC COM 031162100 79 1500 SH DEFINED 1 1500 0 0
ANADARKO PETE CORP COM 032511107 549 15200 SH DEFINED 1 15200 0 0
APACHE CORP COM 037411105 447 5300 SH DEFINED 1 5300 0 0
APARTMENT INVT & MGMT CO CL A 03748R101 4 200 SH DEFINED 1 200 0 0
APPLE INC COM 037833100 528 2095 SH DEFINED 1 2095 0 0
ARCH CAP GROUP LTD ORD G0450A105 3 30 SH DEFINED 1 30 0 0
ARROW ELECTRS INC COM 042735100 130 5800 SH DEFINED 1 5800 0 0
ASSURANT INC COM 04621X108 233 6700 SH DEFINED 1 6700 0 0
AT&T INC COM 00206R102 608 25100 SH DEFINED 1 25100 0 0
AVERY DENNISON CORP COM 053611109 29 900 SH DEFINED 1 900 0 0
AVNET INC COM 053807103 155 6400 SH DEFINED 1 6400 0 0
BANK MONTREAL QUE COM 063671101 277 5100 SH DEFINED 1 5100 0 0
BANK NOVA SCOTIA HALIFAX COM 064149107 254 5500 SH DEFINED 1 5500 0 0
BANK OF AMERICA CORPORATION COM 060505104 1142 79390 SH DEFINED 1 79390 0 0
BIG LOTS INC COM 089302103 110 3400 SH DEFINED 1 3400 0 0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 166 7300 SH DEFINED 1 7300 0 0
CA INC COM 12673P105 168 9100 SH DEFINED 1 9100 0 0
CB RICHARD ELLIS GROUP INC CL A 12497T101 12 820 SH DEFINED 1 820 0 0
CBS CORP NEW CL B 124857202 207 16000 SH DEFINED 1 16000 0 0
CELANESE CORP DEL COM SER A 150870103 33 1300 SH DEFINED 1 1300 0 0
CELGENE CORP COM 151020104 173 3400 SH DEFINED 1 3400 0 0
CHECK POINT SOFTWARE TECH LT ORD M22465104 637 21600 SH DEFINED 1 21600 0 0
CHEVRON CORP NEW COM 166764100 886 13050 SH DEFINED 1 13050 0 0
CHICOS FAS INC COM 168615102 2 110 SH DEFINED 1 110 0 0
CHINA FD INC COM 169373107 1447 55332 SH DEFINED 1 55332 0 0
CHIPOTLE MEXICAN GRILL INC COM 169656105 16 110 SH DEFINED 1 110 0 0
CISCO SYS INC COM 17275R102 525 24600 SH DEFINED 1 24600 0 0
CITIGROUP INC COM 172967101 158 41860 SH DEFINED 1 41860 0 0
CLEAR CHANNEL OUTDOOR HLDGS CL A 18451C109 7 750 SH DEFINED 1 750 0 0
CLIFFS NATURAL RESOURCES INC COM 18683K101 21 430 SH DEFINED 1 430 0 0
COACH INC COM 189754104 271 7400 SH DEFINED 1 7400 0 0
COCA COLA CO COM 191216100 462 9200 SH DEFINED 1 9200 0 0
COMPUTER SCIENCES CORP COM 205363104 195 4300 SH DEFINED 1 4300 0 0
CONAGRA FOODS INC COM 205887102 222 9500 SH DEFINED 1 9500 0 0
CONOCOPHILLIPS COM 20825C104 337 6850 SH DEFINED 1 6850 0 0
COVENTRY HEALTH CARE INC COM 222862104 29 1600 SH DEFINED 1 1600 0 0
CPFL ENERGIA S A SPONSORED ADR 126153105 396 5900 SH DEFINED 1 5900 0 0
CVS CAREMARK CORPORATION COM 126650100 332 11300 SH DEFINED 1 11300 0 0
DAIMLER AG REG SHS D1668R123 557 11000 SH DEFINED 1 11000 0 0
DEL MONTE FOODS CO COM 24522P103 113 7800 SH DEFINED 1 7800 0 0
DELL INC COM 24702R101 600 49670 SH DEFINED 1 49670 0 0
DENDREON CORP COM 24823Q107 2 60 SH DEFINED 1 60 0 0
DEUTSCHE BANK AG NAMEN AKT D18190898 1072 19072 SH DEFINED 1 19072 0 0
DEVRY INC DEL COM 251893103 4 70 SH DEFINED 1 70 0 0
DIREXION SHS ETF TR DLY ENRGY BEAR3X 25459W870 3 210 SH DEFINED 1 210 0 0
DIREXION SHS ETF TR DLY ENRGY BULL3X 25459W888 3 120 SH DEFINED 1 120 0 0
DIREXION SHS ETF TR DLY R/E BULL3X 25459W755 17 460 SH DEFINED 1 460 0 0
DIREXION SHS ETF TR DLY FIN BEAR NEW 25459W490 3 140 SH DEFINED 1 140 0 0
DIREXION SHS ETF TR DLY FIN BULL NEW 25459W516 17 840 SH DEFINED 1 840 0 0
DOLLAR TREE INC COM 256746108 8 180 SH DEFINED 1 180 0 0
DONNELLEY R R & SONS CO COM 257867101 179 10900 SH DEFINED 1 10900 0 0
DTE ENERGY CO COM 233331107 42 900 SH DEFINED 1 900 0 0
EASTMAN CHEM CO COM 277432100 38 700 SH DEFINED 1 700 0 0
ENDO PHARMACEUTICALS HLDGS I COM 29264F205 138 6300 SH DEFINED 1 6300 0 0
ETFS PALLADIUM TR SH BEN INT 26923A106 15405 349856 SH DEFINED 1 349856 0 0
ETFS PLATINUM TR SH BEN INT 26922V101 33200 217588 SH DEFINED 1 217588 0 0
EXXON MOBIL CORP COM 30231G102 707 12380 SH DEFINED 1 12380 0 0
F5 NETWORKS INC COM 315616102 3 30 SH DEFINED 1 30 0 0
FAMILY DLR STORES INC COM 307000109 4 90 SH DEFINED 1 90 0 0
FIFTH THIRD BANCORP COM 316773100 6 470 SH DEFINED 1 470 0 0
FIRST NIAGARA FINL GP INC COM 33582V108 8 590 SH DEFINED 1 590 0 0
FLOWERS FOODS INC COM 343498101 11 410 SH DEFINED 1 410 0 0
FORD MTR CO DEL COM PAR $0.01 345370860 14 1300 SH DEFINED 1 1300 0 0
GANNETT INC COM 364730101 147 10865 SH DEFINED 1 10865 0 0
GAP INC DEL COM 364760108 199 10200 SH DEFINED 1 10200 0 0
GENERAL ELECTRIC CO COM 369604103 703 48700 SH DEFINED 1 48700 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 178 1350 SH DEFINED 1 1350 0 0
GOODYEAR TIRE & RUBR CO COM 382550101 10 950 SH DEFINED 1 950 0 0
GOOGLE INC CL A 38259P508 490 1100 SH DEFINED 1 1100 0 0
GREEN MTN COFFEE ROASTERS IN COM 393122106 3 90 SH DEFINED 1 90 0 0
HCC INS HLDGS INC COM 404132102 399 16100 SH DEFINED 1 16100 0 0
HDFC BANK LTD ADR REPS 3 SHS 40415F101 615 4300 SH DEFINED 1 4300 0 0
HERBALIFE LTD COM USD SHS G4412G101 277 6000 SH DEFINED 1 6000 0 0
HERTZ GLOBAL HOLDINGS INC COM 42805T105 6 600 SH DEFINED 1 600 0 0
HEWITT ASSOCS INC COM 42822Q100 292 8460 SH DEFINED 1 8460 0 0
HEWLETT PACKARD CO COM 428236103 363 8387 SH DEFINED 1 8387 0 0
HOST HOTELS & RESORTS INC COM 44107P104 13 940 SH DEFINED 1 940 0 0
HUNT J B TRANS SVCS INC COM 445658107 2 60 SH DEFINED 1 60 0 0
ICICI BK LTD ADR 45104G104 918 25400 SH DEFINED 1 25400 0 0
INFOSYS TECHNOLOGIES LTD SPONSORED ADR 456788108 564 9400 SH DEFINED 1 9400 0 0
INTEL CORP COM 458140100 401 20600 SH DEFINED 1 20600 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 917 7416 SH DEFINED 1 7416 0 0
INTL PAPER CO COM 460146103 268 11800 SH DEFINED 1 11800 0 0
ISHARES INC MSCI S KOREA 464286772 2315 51765 SH DEFINED 1 51765 0 0
ISHARES INC MSCI GERMAN 464286806 1348 72000 SH DEFINED 1 72000 0 0
ISHARES INC MSCI NETHR INVES 464286814 1145 66900 SH DEFINED 1 66900 0 0
ISHARES INC MSCI JAPAN 464286848 3583 389363 SH DEFINED 1 389363 0 0
ISHARES TR DJ HEALTH CARE 464288828 1187 25848 SH DEFINED 1 25848 0 0
ISHARES TR INDEX RUSSELL1000GRW 464287614 908 19805 SH DEFINED 1 19805 0 0
ISHARES TR INDEX BARCLYS TIPS BD 464287176 2338 21867 SH DEFINED 1 21867 0 0
ISHARES TR INDEX MSCI EAFE IDX 464287465 2077 44642 SH DEFINED 1 44642 0 0
ISHARES TR INDEX RUSSELL1000VAL 464287598 2203 40637 SH DEFINED 1 40637 0 0
ISHARES TR INDEX RUSSELL 2000 464287655 484 7919 SH DEFINED 1 7919 0 0
ISHARES TR INDEX NASDQ BIO INDX 464287556 1330 17156 SH DEFINED 1 17156 0 0
ISHARES TR INDEX FTSE XNHUA IDX 464287184 6471 165350 SH DEFINED 1 165350 0 0
ITT CORP NEW COM 450911102 135 3000 SH DEFINED 1 3000 0 0
JOHNSON & JOHNSON COM 478160104 178 3000 SH DEFINED 1 3000 0 0
JPMORGAN CHASE & CO COM 46625H100 860 23470 SH DEFINED 1 23470 0 0
LAS VEGAS SANDS CORP COM 517834107 7 300 SH DEFINED 1 300 0 0
LENNAR CORP CL A 526057104 2 120 SH DEFINED 1 120 0 0
LIFE TECHNOLOGIES CORP COM 53217V109 293 6200 SH DEFINED 1 6200 0 0
LIMITED BRANDS INC COM 532716107 309 14000 SH DEFINED 1 14000 0 0
LORILLARD INC COM 544147101 36 500 SH DEFINED 1 500 0 0
MACYS INC COM 55616P104 38 2100 SH DEFINED 1 2100 0 0
MARATHON OIL CORP COM 565849106 36 1150 SH DEFINED 1 1150 0 0
MARKET VECTORS ETF TR AGRIBUS ETF 57060U605 1242 34275 SH DEFINED 1 34275 0 0
MARSHALL & ILSLEY CORP NEW COM 571837103 3 400 SH DEFINED 1 400 0 0
MARVELL TECHNOLOGY GROUP LTD ORD G5876H105 54 3400 SH DEFINED 1 3400 0 0
MASSEY ENERGY CORP COM 576206106 7 230 SH DEFINED 1 230 0 0
MATTEL INC COM 577081102 147 6900 SH DEFINED 1 6900 0 0
MBIA INC COM 55262C100 4 680 SH DEFINED 1 680 0 0
MEADWESTVACO CORP COM 583334107 171 7700 SH DEFINED 1 7700 0 0
MERCK & CO INC NEW COM 58933Y105 305 8700 SH DEFINED 1 8700 0 0
METLIFE INC COM 59156R108 459 12150 SH DEFINED 1 12150 0 0
MGM MIRAGE COM 552953101 7 690 SH DEFINED 1 690 0 0
MICRON TECHNOLOGY INC COM 595112103 318 37450 SH DEFINED 1 37450 0 0
MICROSOFT CORP COM 594918104 1185 51450 SH DEFINED 1 51450 0 0
MORGAN STANLEY ASIA PAC FD I COM 61744U106 7884 580506 SH DEFINED 1 580506 0 0
MOSAIC CO COM 61945A107 363 9300 SH DEFINED 1 9300 0 0
MURPHY OIL CORP COM 626717102 134 2700 SH DEFINED 1 2700 0 0
MYLAN INC COM 628530107 35 2000 SH DEFINED 1 2000 0 0
NAVISTAR INTL CORP NEW COM 63934E108 197 4000 SH DEFINED 1 4000 0 0
NEW YORK CMNTY BANCORP INC COM 649445103 133 8700 SH DEFINED 1 8700 0 0
NEWMONT MINING CORP COM 651639106 408 6600 SH DEFINED 1 6600 0 0
NORDSTROM INC COM 655664100 81 2500 SH DEFINED 1 2500 0 0
NORTHROP GRUMMAN CORP COM 666807102 60 1100 SH DEFINED 1 1100 0 0
NRG ENERGY INC COM NEW 629377508 440 20700 SH DEFINED 1 20700 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 116 1500 SH DEFINED 1 1500 0 0
ORACLE CORP COM 68389X105 543 25300 SH DEFINED 1 25300 0 0
PACKAGING CORP AMER COM 695156109 141 6400 SH DEFINED 1 6400 0 0
PEPSICO INC COM 713448108 232 3800 SH DEFINED 1 3800 0 0
PFIZER INC COM 717081103 246 17200 SH DEFINED 1 17200 0 0
PG&E CORP COM 69331C108 288 7000 SH DEFINED 1 7000 0 0
PHILIP MORRIS INTL INC COM 718172109 429 9340 SH DEFINED 1 9340 0 0
PNC FINL SVCS GROUP INC COM 693475105 142 2500 SH DEFINED 1 2500 0 0
POSCO SPONSORED ADR 693483109 387 4100 SH DEFINED 1 4100 0 0
PROCTER & GAMBLE CO COM 742718109 468 7800 SH DEFINED 1 7800 0 0
PROGRESS ENERGY INC COM 743263105 28 700 SH DEFINED 1 700 0 0
PROGRESSIVE CORP OHIO COM 743315103 351 18700 SH DEFINED 1 18700 0 0
PROSHARES TR II ULTRASHORT YEN 74347W858 640 33965 SH DEFINED 1 33965 0 0
PROSHARES TR II ULTRASHRT EURO 74347W882 2176 86993 SH DEFINED 1 86993 0 0
PROTECTIVE LIFE CORP COM 743674103 10 430 SH DEFINED 1 430 0 0
PRUDENTIAL FINL INC COM 744320102 221 4100 SH DEFINED 1 4100 0 0
RAYTHEON CO COM NEW 755111507 39 800 SH DEFINED 1 800 0 0
REGIONS FINANCIAL CORP NEW COM 7591EP100 4 500 SH DEFINED 1 500 0 0
RENAISSANCERE HOLDINGS LTD COM G7496G103 184 3240 SH DEFINED 1 3240 0 0
RESEARCH IN MOTION LTD COM 760975102 340 6900 SH DEFINED 1 6900 0 0
ROSS STORES INC COM 778296103 240 4500 SH DEFINED 1 4500 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 2748 97215 SH DEFINED 1 97215 0 0
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 2599 101890 SH DEFINED 1 101890 0 0
SERVICE CORP INTL COM 817565104 157 21200 SH DEFINED 1 21200 0 0
SK TELECOM LTD SPONSORED ADR 78440P108 579 39300 SH DEFINED 1 39300 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 3440 28265 SH DEFINED 1 28265 0 0
ST JUDE MED INC COM 790849103 271 7500 SH DEFINED 1 7500 0 0
SUNTRUST BKS INC COM 867914103 5 190 SH DEFINED 1 190 0 0
SYMANTEC CORP COM 871503108 84 6000 SH DEFINED 1 6000 0 0
SYNOVUS FINL CORP COM 87161C105 4 1210 SH DEFINED 1 1210 0 0
TARGET CORP COM 87612E106 250 5060 SH DEFINED 1 5060 0 0
TCF FINL CORP COM 872275102 223 13400 SH DEFINED 1 13400 0 0
TECK RESOURCES LTD CL B 878742204 267 9000 SH DEFINED 1 9000 0 0
TECO ENERGY INC COM 872375100 111 7300 SH DEFINED 1 7300 0 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 962 18500 SH DEFINED 1 18500 0 0
TEXAS INSTRS INC COM 882508104 224 9600 SH DEFINED 1 9600 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 442 9000 SH DEFINED 1 9000 0 0
TJX COS INC NEW COM 872540109 277 6600 SH DEFINED 1 6600 0 0
TORCHMARK CORP COM 891027104 332 6700 SH DEFINED 1 6700 0 0
TORONTO DOMINION BK ONT COM NEW 891160509 246 3780 SH DEFINED 1 3780 0 0
TRW AUTOMOTIVE HLDGS CORP COM 87264S106 9 320 SH DEFINED 1 320 0 0
TYSON FOODS INC CL A 902494103 82 5000 SH DEFINED 1 5000 0 0
U S G CORP COM NEW 903293405 2 160 SH DEFINED 1 160 0 0
UNITED STATES STL CORP NEW COM 912909108 5 110 SH DEFINED 1 110 0 0
UNITEDHEALTH GROUP INC COM 91324P102 679 23900 SH DEFINED 1 23900 0 0
VANGUARD INDEX FDS REIT ETF 922908553 2366 50883 SH DEFINED 1 50883 0 0
VANGUARD INDEX FDS STK MRK ETF 922908769 103 1957 SH DEFINED 1 1957 0 0
VANGUARD INTL EQUITY INDEX F EMR MKT ETF 922042858 303 7952 SH DEFINED 1 7952 0 0
WAL MART STORES INC COM 931142103 199 4130 SH DEFINED 1 4130 0 0
WARNER MUSIC GROUP CORP COM 934550104 7 1370 SH DEFINED 1 1370 0 0
WEBMD HEALTH CORP COM 94770V102 3 50 SH DEFINED 1 50 0 0
WELLPOINT INC COM 94973V107 167 3400 SH DEFINED 1 3400 0 0
WELLS FARGO & CO NEW COM 949746101 335 13030 SH DEFINED 1 13030 0 0
WENDYS ARBYS GROUP INC COM 950587105 3 570 SH DEFINED 1 570 0 0
WESTAR ENERGY INC COM 95709T100 87 4000 SH DEFINED 1 4000 0 0
WILLIAMS COS INC DEL COM 969457100 196 10700 SH DEFINED 1 10700 0 0
WISDOMTREE TRUST CHINESE YUAN ETF 97717W182 2416 96910 SH DEFINED 1 96910 0 0